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Knight-Swift Transportation Holdings Inc.（KNX）与百胜中国（YUMC）财务数据对比。点击上方公司名可切换其他公司
百胜中国的季度营收约是Knight-Swift Transportation Holdings Inc.的1.5倍（$2.8B vs $1.9B），百胜中国净利率更高（5.0% vs 0.0%，领先5.0%），百胜中国同比增速更快（8.8% vs 1.4%），Knight-Swift Transportation Holdings Inc.自由现金流更多（$56.9M vs $-116.0M），过去两年Knight-Swift Transportation Holdings Inc.的营收复合增速更高（0.1% vs -2.3%）
Knight-Swift是美国知名整车公路货运服务商，总部位于亚利桑那州菲尼克斯。该集团由同在菲尼克斯的Swift运输与Knight运输于2017年合并成立，旗下货运网络覆盖北美主要区域，为各行业客户提供专业可靠的整车物流运输服务。
百胜中国是总部位于上海的世界500强快餐企业，2016年从百胜餐饮集团分拆独立上市，获百胜餐饮集团商标授权，按全系统销售额的3%支付授权费。目前在国内1100多座城市运营超8400家餐厅，全球门店总数超10600家，年营收达95亿美元，是全球规模最大的餐饮企业之一。
KNX vs YUMC — 直观对比
营收规模更大
YUMC
是对方的1.5倍
$1.9B
营收增速更快
YUMC
高出7.4%
1.4%
净利率更高
YUMC
高出5.0%
0.0%
自由现金流更多
KNX
多$172.9M
$-116.0M
两年增速更快
KNX
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.8B |
| 净利润 | $96.0K | $140.0M |
| 毛利率 | — | — |
| 营业利润率 | 1.5% | 6.6% |
| 净利率 | 0.0% | 5.0% |
| 营收同比 | 1.4% | 8.8% |
| 净利润同比 | -76.6% | 21.7% |
| 每股收益（稀释后） | $-0.01 | $0.40 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收KNXYUMC
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $2.8B | ||
| Q3 25 | $1.9B | $3.2B | ||
| Q2 25 | $1.9B | $2.8B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $1.9B | $2.6B | ||
| Q3 24 | $1.9B | $3.1B | ||
| Q2 24 | $1.8B | $2.7B |
净利润KNXYUMC
| Q1 26 | $96.0K | — | ||
| Q4 25 | $-6.8M | $140.0M | ||
| Q3 25 | $7.9M | $282.0M | ||
| Q2 25 | $34.2M | $215.0M | ||
| Q1 25 | $30.6M | $292.0M | ||
| Q4 24 | $69.5M | $115.0M | ||
| Q3 24 | $30.5M | $297.0M | ||
| Q2 24 | $20.3M | $212.0M |
营业利润率KNXYUMC
| Q1 26 | 1.5% | — | ||
| Q4 25 | 1.4% | 6.6% | ||
| Q3 25 | 2.6% | 12.5% | ||
| Q2 25 | 3.9% | 10.9% | ||
| Q1 25 | 3.7% | 13.4% | ||
| Q4 24 | 4.2% | 5.8% | ||
| Q3 24 | 4.3% | 12.1% | ||
| Q2 24 | 3.4% | 9.9% |
净利率KNXYUMC
| Q1 26 | 0.0% | — | ||
| Q4 25 | -0.4% | 5.0% | ||
| Q3 25 | 0.4% | 8.8% | ||
| Q2 25 | 1.8% | 7.7% | ||
| Q1 25 | 1.7% | 9.8% | ||
| Q4 24 | 3.7% | 4.4% | ||
| Q3 24 | 1.6% | 9.7% | ||
| Q2 24 | 1.1% | 7.9% |
每股收益（稀释后）KNXYUMC
| Q1 26 | $-0.01 | — | ||
| Q4 25 | $-0.04 | $0.40 | ||
| Q3 25 | $0.05 | $0.76 | ||
| Q2 25 | $0.21 | $0.58 | ||
| Q1 25 | $0.19 | $0.77 | ||
| Q4 24 | $0.43 | $0.30 | ||
| Q3 24 | $0.19 | $0.77 | ||
| Q2 24 | $0.13 | $0.55 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $222.8M | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.1B | $5.4B |
| 总资产 | $11.9B | $10.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资KNXYUMC
| Q1 26 | $222.8M | — | ||
| Q4 25 | $220.4M | $1.4B | ||
| Q3 25 | $192.7M | $2.1B | ||
| Q2 25 | $216.3M | $2.2B | ||
| Q1 25 | $209.5M | $2.0B | ||
| Q4 24 | $218.3M | $1.8B | ||
| Q3 24 | $166.3M | $2.5B | ||
| Q2 24 | $186.5M | $2.5B |
总债务KNXYUMC
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.6B | — |
股东权益KNXYUMC
| Q1 26 | $7.1B | — | ||
| Q4 25 | $7.1B | $5.4B | ||
| Q3 25 | $7.1B | $5.7B | ||
| Q2 25 | $7.1B | $5.8B | ||
| Q1 25 | $7.1B | $5.8B | ||
| Q4 24 | $7.1B | $5.7B | ||
| Q3 24 | $7.1B | $6.0B | ||
| Q2 24 | $7.1B | $5.8B |
总资产KNXYUMC
| Q1 26 | $11.9B | — | ||
| Q4 25 | $12.0B | $10.8B | ||
| Q3 25 | $12.6B | $11.0B | ||
| Q2 25 | $12.5B | $11.0B | ||
| Q1 25 | $12.6B | $11.0B | ||
| Q4 24 | $12.7B | $11.1B | ||
| Q3 24 | $12.8B | $11.8B | ||
| Q2 24 | $12.6B | $11.6B |
负债/权益比KNXYUMC
| Q1 26 | — | — | ||
| Q4 25 | 0.25× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.23× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $142.5M | $125.0M |
| 自由现金流经营现金流 - 资本支出 | $56.9M | $-116.0M |
| 自由现金流率自由现金流/营收 | 3.1% | -4.1% |
| 资本支出强度资本支出/营收 | 4.6% | 8.5% |
| 现金转化率经营现金流/净利润 | 1484.79× | 0.89× |
| 过去12个月自由现金流最近4个季度 | — | $840.0M |
8季度趋势，按日历期对齐
经营现金流KNXYUMC
| Q1 26 | $142.5M | — | ||
| Q4 25 | $723.2M | $125.0M | ||
| Q3 25 | $217.5M | $477.0M | ||
| Q2 25 | $216.5M | $412.0M | ||
| Q1 25 | $109.4M | $452.0M | ||
| Q4 24 | $274.3M | $167.0M | ||
| Q3 24 | $214.0M | $409.0M | ||
| Q2 24 | $273.4M | $401.0M |
自由现金流KNXYUMC
| Q1 26 | $56.9M | — | ||
| Q4 25 | — | $-116.0M | ||
| Q3 25 | — | $351.0M | ||
| Q2 25 | — | $290.0M | ||
| Q1 25 | — | $315.0M | ||
| Q4 24 | — | $-15.0M | ||
| Q3 24 | — | $244.0M | ||
| Q2 24 | — | $232.0M |
自由现金流率KNXYUMC
| Q1 26 | 3.1% | — | ||
| Q4 25 | — | -4.1% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 10.6% | ||
| Q4 24 | — | -0.6% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 8.7% |
资本支出强度KNXYUMC
| Q1 26 | 4.6% | — | ||
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.6% | ||
| Q4 24 | — | 7.0% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 6.3% |
现金转化率KNXYUMC
| Q1 26 | 1484.79× | — | ||
| Q4 25 | — | 0.89× | ||
| Q3 25 | 27.67× | 1.69× | ||
| Q2 25 | 6.32× | 1.92× | ||
| Q1 25 | 3.57× | 1.55× | ||
| Q4 24 | 3.95× | 1.45× | ||
| Q3 24 | 7.03× | 1.38× | ||
| Q2 24 | 13.47× | 1.89× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
KNX
| Revenue, excluding truckload and LTL fuel surcharge | $1.6B | 89% |
| Truckload and LTL fuel surcharge | $212.2M | 11% |
YUMC
| Revenue From External Customers | $2.1B | 75% |
| Pizza Hut | $540.0M | 19% |
| Corporate And Unallocated | $105.0M | 4% |
| Other Revenue | $45.0M | 2% |
| Franchise Fees And Income | $25.0M | 1% |
