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可口可乐公司（KO）与US Foods Holding Corp.（USFD）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US Foods Holding Corp.的1.2倍（$11.8B vs $9.8B），可口可乐公司净利率更高（19.2% vs 1.9%，领先17.3%），US Foods Holding Corp.同比增速更快（3.3% vs 2.4%），可口可乐公司自由现金流更多（$2.9B vs $159.0M），过去两年US Foods Holding Corp.的营收复合增速更高（4.6% 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。
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
KO vs USFD — 直观对比
营收规模更大
KO
是对方的1.2倍
$9.8B
营收增速更快
USFD
高出0.8%
2.4%
净利率更高
KO
高出17.3%
1.9%
自由现金流更多
KO
多$2.7B
$159.0M
两年增速更快
USFD
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.8B | $9.8B |
| 净利润 | $2.3B | $184.0M |
| 毛利率 | 60.0% | 17.6% |
| 营业利润率 | 15.6% | 3.3% |
| 净利率 | 19.2% | 1.9% |
| 营收同比 | 2.4% | 3.3% |
| 净利润同比 | 3.5% | 178.8% |
| 每股收益（稀释后） | $0.53 | $0.82 |
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KOUSFD
| Q4 25 | $11.8B | $9.8B | ||
| Q3 25 | $12.5B | $10.2B | ||
| Q2 25 | $12.5B | $10.1B | ||
| Q1 25 | $11.1B | $9.4B | ||
| Q4 24 | $11.5B | $9.5B | ||
| Q3 24 | $11.9B | $9.7B | ||
| Q2 24 | $12.4B | $9.7B | ||
| Q1 24 | $11.3B | $8.9B |
净利润KOUSFD
| Q4 25 | $2.3B | $184.0M | ||
| Q3 25 | $3.7B | $153.0M | ||
| Q2 25 | $3.8B | $224.0M | ||
| Q1 25 | $3.3B | $115.0M | ||
| Q4 24 | $2.2B | $66.0M | ||
| Q3 24 | $2.8B | $148.0M | ||
| Q2 24 | $2.4B | $198.0M | ||
| Q1 24 | $3.2B | $82.0M |
毛利率KOUSFD
| Q4 25 | 60.0% | 17.6% | ||
| Q3 25 | 61.5% | 17.2% | ||
| Q2 25 | 62.4% | 17.6% | ||
| Q1 25 | 62.6% | 17.3% | ||
| Q4 24 | 60.0% | 17.6% | ||
| Q3 24 | 60.7% | 17.1% | ||
| Q2 24 | 61.1% | 17.6% | ||
| Q1 24 | 62.5% | 16.7% |
营业利润率KOUSFD
| Q4 25 | 15.6% | 3.3% | ||
| Q3 25 | 32.0% | 2.8% | ||
| Q2 25 | 34.1% | 3.7% | ||
| Q1 25 | 32.9% | 2.4% | ||
| Q4 24 | 23.5% | 3.2% | ||
| Q3 24 | 21.2% | 2.9% | ||
| Q2 24 | 21.3% | 3.6% | ||
| Q1 24 | 18.9% | 1.8% |
净利率KOUSFD
| Q4 25 | 19.2% | 1.9% | ||
| Q3 25 | 29.7% | 1.5% | ||
| Q2 25 | 30.4% | 2.2% | ||
| Q1 25 | 29.9% | 1.2% | ||
| Q4 24 | 19.0% | 0.7% | ||
| Q3 24 | 24.0% | 1.5% | ||
| Q2 24 | 19.5% | 2.0% | ||
| Q1 24 | 28.1% | 0.9% |
每股收益（稀释后）KOUSFD
| Q4 25 | $0.53 | $0.82 | ||
| Q3 25 | $0.86 | $0.67 | ||
| Q2 25 | $0.88 | $0.96 | ||
| Q1 25 | $0.77 | $0.49 | ||
| Q4 24 | $0.50 | $0.28 | ||
| Q3 24 | $0.66 | $0.61 | ||
| Q2 24 | $0.56 | $0.80 | ||
| Q1 24 | $0.74 | $0.33 |
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 | $41.0M |
| 总债务越低越好 | $42.1B | $5.1B |
| 股东权益账面价值 | $32.2B | $4.3B |
| 总资产 | $104.8B | $13.9B |
| 负债/权益比越低杠杆越低 | 1.31× | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资KOUSFD
| Q4 25 | $10.3B | $41.0M | ||
| Q3 25 | $12.7B | $56.0M | ||
| Q2 25 | $9.6B | $61.0M | ||
| Q1 25 | $8.4B | $101.0M | ||
| Q4 24 | $10.8B | $59.0M | ||
| Q3 24 | $13.9B | $81.0M | ||
| Q2 24 | $13.7B | $405.0M | ||
| Q1 24 | $10.4B | $267.0M |
总债务KOUSFD
| Q4 25 | $42.1B | $5.1B | ||
| Q3 25 | $43.2B | $4.8B | ||
| Q2 25 | $45.0B | $4.7B | ||
| Q1 25 | $43.5B | $4.7B | ||
| Q4 24 | $42.4B | $4.8B | ||
| Q3 24 | $43.0B | $4.7B | ||
| Q2 24 | $38.1B | $4.6B | ||
| Q1 24 | $36.5B | $4.6B |
股东权益KOUSFD
| Q4 25 | $32.2B | $4.3B | ||
| Q3 25 | $31.2B | $4.5B | ||
| Q2 25 | $28.6B | $4.6B | ||
| Q1 25 | $26.2B | $4.6B | ||
| Q4 24 | $24.9B | $4.5B | ||
| Q3 24 | $26.5B | $4.6B | ||
| Q2 24 | $25.9B | $5.0B | ||
| Q1 24 | $26.4B | $4.8B |
总资产KOUSFD
| Q4 25 | $104.8B | $13.9B | ||
| Q3 25 | $106.0B | $14.0B | ||
| Q2 25 | $104.3B | $13.8B | ||
| Q1 25 | $101.7B | $13.7B | ||
| Q4 24 | $100.5B | $13.4B | ||
| Q3 24 | $106.3B | $13.5B | ||
| Q2 24 | $101.2B | $13.7B | ||
| Q1 24 | $99.4B | $13.4B |
负债/权益比KOUSFD
| Q4 25 | 1.31× | 1.18× | ||
| Q3 25 | 1.38× | 1.08× | ||
| Q2 25 | 1.57× | 1.02× | ||
| Q1 25 | 1.66× | 1.02× | ||
| Q4 24 | 1.70× | 1.06× | ||
| Q3 24 | 1.62× | 1.01× | ||
| Q2 24 | 1.47× | 0.92× | ||
| Q1 24 | 1.38× | 0.95× |
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 | $293.0M |
| 自由现金流经营现金流 - 资本支出 | $2.9B | $159.0M |
| 自由现金流率自由现金流/营收 | 24.3% | 1.6% |
| 资本支出强度资本支出/营收 | 7.5% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.59× |
| 过去12个月自由现金流最近4个季度 | $5.3B | $959.0M |
8季度趋势，按日历期对齐
经营现金流KOUSFD
| Q4 25 | $3.8B | $293.0M | ||
| Q3 25 | $5.0B | $351.0M | ||
| Q2 25 | $3.8B | $334.0M | ||
| Q1 25 | $-5.2B | $391.0M | ||
| Q4 24 | $4.0B | $283.0M | ||
| Q3 24 | $-1.3B | $270.0M | ||
| Q2 24 | $3.6B | $482.0M | ||
| Q1 24 | $528.0M | $139.0M |
自由现金流KOUSFD
| Q4 25 | $2.9B | $159.0M | ||
| Q3 25 | $4.6B | $236.0M | ||
| Q2 25 | $3.4B | $257.0M | ||
| Q1 25 | $-5.5B | $307.0M | ||
| Q4 24 | $3.1B | $178.0M | ||
| Q3 24 | $-1.7B | $190.0M | ||
| Q2 24 | $3.2B | $413.0M | ||
| Q1 24 | $158.0M | $52.0M |
自由现金流率KOUSFD
| Q4 25 | 24.3% | 1.6% | ||
| Q3 25 | 36.6% | 2.3% | ||
| Q2 25 | 26.9% | 2.5% | ||
| Q1 25 | -49.5% | 3.3% | ||
| Q4 24 | 27.3% | 1.9% | ||
| Q3 24 | -14.6% | 2.0% | ||
| Q2 24 | 25.6% | 4.3% | ||
| Q1 24 | 1.4% | 0.6% |
资本支出强度KOUSFD
| Q4 25 | 7.5% | 1.4% | ||
| Q3 25 | 3.8% | 1.1% | ||
| Q2 25 | 3.5% | 0.8% | ||
| Q1 25 | 2.8% | 0.9% | ||
| Q4 24 | 7.0% | 1.1% | ||
| Q3 24 | 4.0% | 0.8% | ||
| Q2 24 | 3.4% | 0.7% | ||
| Q1 24 | 3.3% | 1.0% |
现金转化率KOUSFD
| Q4 25 | 1.65× | 1.59× | ||
| Q3 25 | 1.36× | 2.29× | ||
| Q2 25 | 1.00× | 1.49× | ||
| Q1 25 | -1.56× | 3.40× | ||
| Q4 24 | 1.80× | 4.29× | ||
| Q3 24 | -0.44× | 1.82× | ||
| Q2 24 | 1.49× | 2.43× | ||
| Q1 24 | 0.17× | 1.70× |
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% |
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
