vs
克罗格（KR）与摩根士丹利（MS）财务数据对比。点击上方公司名可切换其他公司
克罗格的季度营收约是摩根士丹利的1.9倍（$33.9B vs $17.9B），摩根士丹利净利率更高（24.6% vs -3.9%，领先28.5%）
克罗格（Kroger）是总部位于美国俄亥俄州辛辛那提的大型零售企业，作为美国本土知名零售运营商，其业务覆盖全美各地的连锁超市及综合百货门店，为消费者提供生鲜食品、日用杂货等丰富的零售服务。
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
KR vs MS — 直观对比
营收规模更大
KR
是对方的1.9倍
$17.9B
净利率更高
MS
高出28.5%
-3.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $33.9B | $17.9B |
| 净利润 | $-1.3B | $4.4B |
| 毛利率 | — | — |
| 营业利润率 | -4.6% | 32.2% |
| 净利率 | -3.9% | 24.6% |
| 营收同比 | 0.7% | — |
| 净利润同比 | -313.6% | — |
| 每股收益（稀释后） | $-2.02 | $2.68 |
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KRMS
| Q4 25 | $33.9B | $17.9B | ||
| Q3 25 | $33.9B | $18.2B | ||
| Q2 25 | $45.1B | $16.8B | ||
| Q1 25 | $34.3B | $17.7B | ||
| Q3 24 | — | $15.4B | ||
| Q2 24 | — | $15.0B | ||
| Q1 24 | — | $15.1B |
净利润KRMS
| Q4 25 | $-1.3B | $4.4B | ||
| Q3 25 | $609.0M | $4.6B | ||
| Q2 25 | $866.0M | $3.5B | ||
| Q1 25 | $634.0M | $4.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.4B |
营业利润率KRMS
| Q4 25 | -4.6% | 32.2% | ||
| Q3 25 | 2.5% | 33.1% | ||
| Q2 25 | 2.9% | 27.5% | ||
| Q1 25 | 2.7% | 31.3% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 29.0% |
净利率KRMS
| Q4 25 | -3.9% | 24.6% | ||
| Q3 25 | 1.8% | 25.3% | ||
| Q2 25 | 1.9% | 21.1% | ||
| Q1 25 | 1.8% | 24.3% | ||
| Q3 24 | — | 20.7% | ||
| Q2 24 | — | 20.5% | ||
| Q1 24 | — | 22.5% |
每股收益（稀释后）KRMS
| Q4 25 | $-2.02 | $2.68 | ||
| Q3 25 | $0.91 | $2.80 | ||
| Q2 25 | $1.29 | $2.13 | ||
| Q1 25 | $0.90 | $2.60 | ||
| Q3 24 | — | $1.88 | ||
| Q2 24 | — | $1.82 | ||
| Q1 24 | — | $2.02 |
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 | $4.0B | $111.7B |
| 总债务越低越好 | $16.0B | $341.7B |
| 股东权益账面价值 | $7.0B | $111.6B |
| 总资产 | $51.4B | $1420.3B |
| 负债/权益比越低杠杆越低 | 2.27× | 3.06× |
8季度趋势，按日历期对齐
现金及短期投资KRMS
| Q4 25 | $4.0B | $111.7B | ||
| Q3 25 | $4.9B | $103.7B | ||
| Q2 25 | $4.7B | $109.1B | ||
| Q1 25 | $4.0B | $90.7B | ||
| Q3 24 | — | $91.1B | ||
| Q2 24 | — | $90.2B | ||
| Q1 24 | — | $102.3B |
总债务KRMS
| Q4 25 | $16.0B | $341.7B | ||
| Q3 25 | $15.9B | $324.1B | ||
| Q2 25 | $15.9B | $320.1B | ||
| Q1 25 | $15.9B | $297.0B | ||
| Q3 24 | — | $291.2B | ||
| Q2 24 | — | $269.9B | ||
| Q1 24 | — | $266.1B |
股东权益KRMS
| Q4 25 | $7.0B | $111.6B | ||
| Q3 25 | $9.3B | $110.0B | ||
| Q2 25 | $8.9B | $108.2B | ||
| Q1 25 | $8.3B | $106.8B | ||
| Q3 24 | — | $103.6B | ||
| Q2 24 | — | $100.7B | ||
| Q1 24 | — | $99.2B |
总资产KRMS
| Q4 25 | $51.4B | $1420.3B | ||
| Q3 25 | $53.6B | $1364.8B | ||
| Q2 25 | $53.2B | $1353.9B | ||
| Q1 25 | $52.6B | $1300.3B | ||
| Q3 24 | — | $1258.0B | ||
| Q2 24 | — | $1212.4B | ||
| Q1 24 | — | $1228.5B |
负债/权益比KRMS
| Q4 25 | 2.27× | 3.06× | ||
| Q3 25 | 1.72× | 2.95× | ||
| Q2 25 | 1.79× | 2.96× | ||
| Q1 25 | 1.92× | 2.78× | ||
| Q3 24 | — | 2.81× | ||
| Q2 24 | — | 2.68× | ||
| Q1 24 | — | 2.68× |
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 | $970.0M | $-2.4B |
| 自由现金流经营现金流 - 资本支出 | $29.0M | — |
| 自由现金流率自由现金流/营收 | 0.1% | — |
| 资本支出强度资本支出/营收 | 2.8% | — |
| 现金转化率经营现金流/净利润 | — | -0.55× |
| 过去12个月自由现金流最近4个季度 | $2.3B | — |
8季度趋势，按日历期对齐
经营现金流KRMS
| Q4 25 | $970.0M | $-2.4B | ||
| Q3 25 | $1.5B | $-3.3B | ||
| Q2 25 | $2.1B | $11.8B | ||
| Q1 25 | $1.4B | $-24.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $4.4B |
自由现金流KRMS
| Q4 25 | $29.0M | — | ||
| Q3 25 | $615.0M | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $520.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率KRMS
| Q4 25 | 0.1% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 1.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度KRMS
| Q4 25 | 2.8% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 2.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率KRMS
| Q4 25 | — | -0.55× | ||
| Q3 25 | 2.53× | -0.72× | ||
| Q2 25 | 2.48× | 3.34× | ||
| Q1 25 | 2.21× | -5.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.28× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
