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KKR Real Estate Finance Trust Inc.（KREF）与Outdoor Holding Co（POWW）财务数据对比。点击上方公司名可切换其他公司
KKR Real Estate Finance Trust Inc.的季度营收约是Outdoor Holding Co的1.9倍（$25.8M vs $13.4M），Outdoor Holding Co净利率更高（16.7% vs -101.7%，领先118.4%），KKR Real Estate Finance Trust Inc.同比增速更快（-26.6% vs -54.1%）
KKR房地产金融信托公司是全球投资机构KKR旗下的专业房地产金融平台，主要发起、收购并管理优先担保商业地产贷款组合，抵押物多为美国各地的优质机构级商业地产，通过贷款利息收入为投资者提供稳定的经风险调整后的回报。
Vista Outdoor Inc.（原代码POWW）是美国户外行业企业，主营射击运动器材与户外产品两大业务板块，是拥有超过40个品牌与子品牌的多品牌户外用品集团，负责产品的设计、生产与市场推广。
KREF vs POWW — 直观对比
营收规模更大
KREF
是对方的1.9倍
$13.4M
营收增速更快
KREF
高出27.5%
-54.1%
净利率更高
POWW
高出118.4%
-101.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $25.8M | $13.4M |
| 净利润 | $-26.2M | $2.2M |
| 毛利率 | — | 87.1% |
| 营业利润率 | -105.1% | 14.7% |
| 净利率 | -101.7% | 16.7% |
| 营收同比 | -26.6% | -54.1% |
| 净利润同比 | -229.6% | 108.5% |
| 每股收益（稀释后） | $-0.49 | $0.01 |
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KREFPOWW
| Q4 25 | $25.8M | $13.4M | ||
| Q3 25 | $25.3M | $12.0M | ||
| Q2 25 | $30.2M | $11.9M | ||
| Q1 25 | $31.3M | $12.6M | ||
| Q4 24 | $35.1M | $12.5M | ||
| Q3 24 | $37.0M | $12.0M | ||
| Q2 24 | $40.4M | $12.3M | ||
| Q1 24 | $39.1M | $-50.7M |
净利润KREFPOWW
| Q4 25 | $-26.2M | $2.2M | ||
| Q3 25 | $13.8M | $1.4M | ||
| Q2 25 | $-29.7M | $-6.5M | ||
| Q1 25 | $-4.9M | $-77.5M | ||
| Q4 24 | $20.3M | $-26.1M | ||
| Q3 24 | $-7.4M | $-12.4M | ||
| Q2 24 | $25.8M | $-14.8M | ||
| Q1 24 | $-3.1M | $-5.2M |
毛利率KREFPOWW
| Q4 25 | — | 87.1% | ||
| Q3 25 | — | 87.1% | ||
| Q2 25 | — | 87.2% | ||
| Q1 25 | — | 87.5% | ||
| Q4 24 | — | 87.4% | ||
| Q3 24 | — | 86.9% | ||
| Q2 24 | — | 85.8% | ||
| Q1 24 | — | — |
营业利润率KREFPOWW
| Q4 25 | -105.1% | 14.7% | ||
| Q3 25 | 50.4% | 5.9% | ||
| Q2 25 | -101.3% | -50.7% | ||
| Q1 25 | -18.3% | -213.6% | ||
| Q4 24 | 55.8% | -163.8% | ||
| Q3 24 | -19.6% | -50.3% | ||
| Q2 24 | 63.3% | -50.8% | ||
| Q1 24 | -8.7% | — |
净利率KREFPOWW
| Q4 25 | -101.7% | 16.7% | ||
| Q3 25 | 54.4% | 11.7% | ||
| Q2 25 | -98.5% | -54.5% | ||
| Q1 25 | -15.5% | -614.5% | ||
| Q4 24 | 57.7% | -208.7% | ||
| Q3 24 | -20.0% | -103.7% | ||
| Q2 24 | 63.9% | -120.2% | ||
| Q1 24 | -7.9% | 10.3% |
每股收益（稀释后）KREFPOWW
| Q4 25 | $-0.49 | $0.01 | ||
| Q3 25 | $0.12 | $0.01 | ||
| Q2 25 | $-0.53 | $-0.06 | ||
| Q1 25 | $-0.15 | $-0.67 | ||
| Q4 24 | $0.22 | $-0.23 | ||
| Q3 24 | $-0.19 | $-0.11 | ||
| Q2 24 | $0.29 | $-0.13 | ||
| Q1 24 | $-0.13 | $-0.05 |
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 | $84.6M | $69.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $237.3M |
| 总资产 | $6.5B | $271.7M |
| 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KREFPOWW
| Q4 25 | $84.6M | $69.9M | ||
| Q3 25 | $204.1M | $65.7M | ||
| Q2 25 | $107.7M | $63.4M | ||
| Q1 25 | $106.4M | $30.2M | ||
| Q4 24 | $104.9M | $31.9M | ||
| Q3 24 | $108.8M | $33.5M | ||
| Q2 24 | $107.2M | $50.8M | ||
| Q1 24 | $106.5M | $55.6M |
股东权益KREFPOWW
| Q4 25 | $1.2B | $237.3M | ||
| Q3 25 | $1.2B | $235.4M | ||
| Q2 25 | $1.2B | $222.5M | ||
| Q1 25 | $1.3B | $222.0M | ||
| Q4 24 | $1.3B | $299.6M | ||
| Q3 24 | $1.4B | $325.6M | ||
| Q2 24 | $1.4B | $342.5M | ||
| Q1 24 | $1.4B | $358.0M |
总资产KREFPOWW
| Q4 25 | $6.5B | $271.7M | ||
| Q3 25 | $6.5B | $270.3M | ||
| Q2 25 | $6.8B | $269.5M | ||
| Q1 25 | $6.6B | $297.3M | ||
| Q4 24 | $6.4B | $355.4M | ||
| Q3 24 | $6.8B | $368.9M | ||
| Q2 24 | $7.1B | $398.6M | ||
| Q1 24 | $7.3B | $403.0M |
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 | $72.3M | $5.7M |
| 自由现金流经营现金流 - 资本支出 | — | $5.0M |
| 自由现金流率自由现金流/营收 | — | 37.6% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 2.55× |
| 过去12个月自由现金流最近4个季度 | — | $-2.3M |
8季度趋势，按日历期对齐
经营现金流KREFPOWW
| Q4 25 | $72.3M | $5.7M | ||
| Q3 25 | $18.5M | $3.2M | ||
| Q2 25 | $21.1M | $-6.7M | ||
| Q1 25 | $15.9M | $-1.5M | ||
| Q4 24 | $132.6M | $1.3M | ||
| Q3 24 | $49.1M | $-9.3M | ||
| Q2 24 | $30.6M | $-547.5K | ||
| Q1 24 | $34.5M | $4.3M |
自由现金流KREFPOWW
| Q4 25 | — | $5.0M | ||
| Q3 25 | — | $2.5M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $-2.3M | ||
| Q4 24 | — | $720.3K | ||
| Q3 24 | — | $-10.6M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $1.4M |
自由现金流率KREFPOWW
| Q4 25 | — | 37.6% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | -63.8% | ||
| Q1 25 | — | -18.6% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | -88.3% | ||
| Q2 24 | — | -11.0% | ||
| Q1 24 | — | -2.8% |
资本支出强度KREFPOWW
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 5.8% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 10.4% | ||
| Q2 24 | — | 6.5% | ||
| Q1 24 | — | -5.7% |
现金转化率KREFPOWW
| Q4 25 | — | 2.55× | ||
| Q3 25 | 1.34× | 2.29× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
