vs
可口可乐公司（KO）与美国再保险集团（RGA）财务数据对比。点击上方公司名可切换其他公司
可口可乐公司的季度营收约是美国再保险集团的1.8倍（$11.8B vs $6.6B），可口可乐公司净利率更高（19.2% vs 7.0%，领先12.2%），美国再保险集团同比增速更快（26.6% vs 2.4%），过去两年美国再保险集团的营收复合增速更高（2.3% vs 2.3%）
可口可乐公司是1892年成立的美国跨国企业，总部位于佐治亚州亚特兰大。公司主营含可口可乐在内的软饮、各类非酒精饮料浓缩液、糖浆及酒精饮料的生产、销售与营销，股票在纽交所上市，是道琼斯工业平均指数、标普500及标普100指数成分股。
美国再保险集团（RGA）是总部位于美国密苏里州大圣路易斯地区西郊切斯特菲尔德的全球人寿与健康再保险控股集团。截至2024年12月31日，集团有效人寿再保额约3.9万亿美元，总资产达1187亿美元，是全球唯一主营人寿及健康相关再保险业务的国际企业。
KO vs RGA — 直观对比
营收规模更大
KO
是对方的1.8倍
$6.6B
营收增速更快
RGA
高出24.2%
2.4%
净利率更高
KO
高出12.2%
7.0%
两年增速更快
RGA
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.8B | $6.6B |
| 净利润 | $2.3B | $463.0M |
| 毛利率 | 60.0% | — |
| 营业利润率 | 15.6% | 7.7% |
| 净利率 | 19.2% | 7.0% |
| 营收同比 | 2.4% | 26.6% |
| 净利润同比 | 3.5% | 212.8% |
| 每股收益（稀释后） | $0.53 | $6.91 |
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KORGA
| Q4 25 | $11.8B | $6.6B | ||
| Q3 25 | $12.5B | $6.2B | ||
| Q2 25 | $12.5B | $5.6B | ||
| Q1 25 | $11.1B | $5.3B | ||
| Q4 24 | $11.5B | $5.2B | ||
| Q3 24 | $11.9B | $5.7B | ||
| Q2 24 | $12.4B | $4.9B | ||
| Q1 24 | $11.3B | $6.3B |
净利润KORGA
| Q4 25 | $2.3B | $463.0M | ||
| Q3 25 | $3.7B | $253.0M | ||
| Q2 25 | $3.8B | $180.0M | ||
| Q1 25 | $3.3B | $286.0M | ||
| Q4 24 | $2.2B | $148.0M | ||
| Q3 24 | $2.8B | $156.0M | ||
| Q2 24 | $2.4B | $203.0M | ||
| Q1 24 | $3.2B | $210.0M |
毛利率KORGA
| Q4 25 | 60.0% | — | ||
| Q3 25 | 61.5% | — | ||
| Q2 25 | 62.4% | — | ||
| Q1 25 | 62.6% | — | ||
| Q4 24 | 60.0% | — | ||
| Q3 24 | 60.7% | — | ||
| Q2 24 | 61.1% | — | ||
| Q1 24 | 62.5% | — |
营业利润率KORGA
| Q4 25 | 15.6% | 7.7% | ||
| Q3 25 | 32.0% | 5.2% | ||
| Q2 25 | 34.1% | 6.1% | ||
| Q1 25 | 32.9% | 7.0% | ||
| Q4 24 | 23.5% | 4.3% | ||
| Q3 24 | 21.2% | 3.8% | ||
| Q2 24 | 21.3% | 5.5% | ||
| Q1 24 | 18.9% | 4.3% |
净利率KORGA
| Q4 25 | 19.2% | 7.0% | ||
| Q3 25 | 29.7% | 4.1% | ||
| Q2 25 | 30.4% | 3.2% | ||
| Q1 25 | 29.9% | 5.4% | ||
| Q4 24 | 19.0% | 2.8% | ||
| Q3 24 | 24.0% | 2.8% | ||
| Q2 24 | 19.5% | 4.2% | ||
| Q1 24 | 28.1% | 3.3% |
每股收益（稀释后）KORGA
| Q4 25 | $0.53 | $6.91 | ||
| Q3 25 | $0.86 | $3.81 | ||
| Q2 25 | $0.88 | $2.70 | ||
| Q1 25 | $0.77 | $4.27 | ||
| Q4 24 | $0.50 | $2.21 | ||
| Q3 24 | $0.66 | $2.33 | ||
| Q2 24 | $0.56 | $3.03 | ||
| Q1 24 | $0.74 | $3.16 |
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 | $10.3B | $4.2B |
| 总债务越低越好 | $42.1B | $5.7B |
| 股东权益账面价值 | $32.2B | $13.5B |
| 总资产 | $104.8B | $156.6B |
| 负债/权益比越低杠杆越低 | 1.31× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资KORGA
| Q4 25 | $10.3B | $4.2B | ||
| Q3 25 | $12.7B | $4.6B | ||
| Q2 25 | $9.6B | $5.4B | ||
| Q1 25 | $8.4B | $5.2B | ||
| Q4 24 | $10.8B | $3.3B | ||
| Q3 24 | $13.9B | $5.2B | ||
| Q2 24 | $13.7B | $4.6B | ||
| Q1 24 | $10.4B | $5.9B |
总债务KORGA
| Q4 25 | $42.1B | $5.7B | ||
| Q3 25 | $43.2B | $5.7B | ||
| Q2 25 | $45.0B | $5.7B | ||
| Q1 25 | $43.5B | $5.7B | ||
| Q4 24 | $42.4B | $5.0B | ||
| Q3 24 | $43.0B | $5.1B | ||
| Q2 24 | $38.1B | $5.1B | ||
| Q1 24 | $36.5B | $4.4B |
股东权益KORGA
| Q4 25 | $32.2B | $13.5B | ||
| Q3 25 | $31.2B | $13.0B | ||
| Q2 25 | $28.6B | $12.1B | ||
| Q1 25 | $26.2B | $11.4B | ||
| Q4 24 | $24.9B | $10.8B | ||
| Q3 24 | $26.5B | $11.1B | ||
| Q2 24 | $25.9B | $9.7B | ||
| Q1 24 | $26.4B | $9.5B |
总资产KORGA
| Q4 25 | $104.8B | $156.6B | ||
| Q3 25 | $106.0B | $152.0B | ||
| Q2 25 | $104.3B | $133.5B | ||
| Q1 25 | $101.7B | $128.2B | ||
| Q4 24 | $100.5B | $118.7B | ||
| Q3 24 | $106.3B | $120.3B | ||
| Q2 24 | $101.2B | $109.9B | ||
| Q1 24 | $99.4B | $106.0B |
负债/权益比KORGA
| Q4 25 | 1.31× | 0.42× | ||
| Q3 25 | 1.38× | 0.44× | ||
| Q2 25 | 1.57× | 0.48× | ||
| Q1 25 | 1.66× | 0.50× | ||
| Q4 24 | 1.70× | 0.47× | ||
| Q3 24 | 1.62× | 0.46× | ||
| Q2 24 | 1.47× | 0.52× | ||
| Q1 24 | 1.38× | 0.47× |
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 | $3.8B | $7.3B |
| 自由现金流经营现金流 - 资本支出 | $2.9B | — |
| 自由现金流率自由现金流/营收 | 24.3% | — |
| 资本支出强度资本支出/营收 | 7.5% | — |
| 现金转化率经营现金流/净利润 | 1.65× | 15.83× |
| 过去12个月自由现金流最近4个季度 | $5.3B | — |
8季度趋势，按日历期对齐
经营现金流KORGA
| Q4 25 | $3.8B | $7.3B | ||
| Q3 25 | $5.0B | $-990.0M | ||
| Q2 25 | $3.8B | $-820.0M | ||
| Q1 25 | $-5.2B | $-1.4B | ||
| Q4 24 | $4.0B | $17.1B | ||
| Q3 24 | $-1.3B | $-1.1B | ||
| Q2 24 | $3.6B | $-967.0M | ||
| Q1 24 | $528.0M | $-5.7B |
自由现金流KORGA
| Q4 25 | $2.9B | — | ||
| Q3 25 | $4.6B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $-5.5B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $-1.7B | — | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $158.0M | — |
自由现金流率KORGA
| Q4 25 | 24.3% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 26.9% | — | ||
| Q1 25 | -49.5% | — | ||
| Q4 24 | 27.3% | — | ||
| Q3 24 | -14.6% | — | ||
| Q2 24 | 25.6% | — | ||
| Q1 24 | 1.4% | — |
资本支出强度KORGA
| Q4 25 | 7.5% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 7.0% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.3% | — |
现金转化率KORGA
| Q4 25 | 1.65× | 15.83× | ||
| Q3 25 | 1.36× | -3.91× | ||
| Q2 25 | 1.00× | -4.56× | ||
| Q1 25 | -1.56× | -5.00× | ||
| Q4 24 | 1.80× | 115.81× | ||
| Q3 24 | -0.44× | -6.84× | ||
| Q2 24 | 1.49× | -4.76× | ||
| Q1 24 | 0.17× | -27.31× |
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
KO
| Other | $7.0B | 59% |
| Finished Product Operations | $2.4B | 21% |
| Concentrate Operations | $2.4B | 20% |
RGA
暂无分部数据
