vs
Karman Holdings Inc.（KRMN）与Resolute Holdings Management, Inc.（RHLD）财务数据对比。点击上方公司名可切换其他公司
Karman Holdings Inc.的季度营收约是Resolute Holdings Management, Inc.的1.1倍（$134.5M vs $117.7M），Karman Holdings Inc.净利率更高（5.7% vs -1.5%，领先7.2%），Resolute Holdings Management, Inc.自由现金流更多（$189.2M vs $4.0M）
Karman Holdings是一家美国航天与防务系统制造商，总部位于加利福尼亚州亨廷顿海滩，当前估值约40亿美元，近期已完成首次公开发行，专注为航天及国防领域提供相关系统产品及配套服务。
Resolute Holdings Management, Inc.是一家澳大利亚矿业企业，核心业务布局于非洲地区，目前运营两座金矿，分别为位于马里的 Syama 金矿和塞内加尔的 Mako 金矿，专注于黄金资源的勘探、开采及相关运营管理工作。
KRMN vs RHLD — 直观对比
营收规模更大
KRMN
是对方的1.1倍
$117.7M
净利率更高
KRMN
高出7.2%
-1.5%
自由现金流更多
RHLD
多$185.2M
$4.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $134.5M | $117.7M |
| 净利润 | $7.7M | $-1.7M |
| 毛利率 | 39.9% | 55.7% |
| 营业利润率 | 15.7% | 30.2% |
| 净利率 | 5.7% | -1.5% |
| 营收同比 | 47.4% | — |
| 净利润同比 | 358.3% | — |
| 每股收益（稀释后） | $0.06 | $-0.20 |
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KRMNRHLD
| Q4 25 | $134.5M | $117.7M | ||
| Q3 25 | $121.8M | $120.9M | ||
| Q2 25 | $115.1M | $119.6M | ||
| Q1 25 | $100.1M | $103.9M | ||
| Q4 24 | $91.2M | — | ||
| Q3 24 | $86.0M | — | ||
| Q2 24 | $85.0M | — | ||
| Q1 24 | $83.0M | — |
净利润KRMNRHLD
| Q4 25 | $7.7M | $-1.7M | ||
| Q3 25 | $7.6M | $-231.0K | ||
| Q2 25 | $6.8M | $-611.0K | ||
| Q1 25 | $-4.8M | $-3.4M | ||
| Q4 24 | $1.7M | — | ||
| Q3 24 | $4.3M | — | ||
| Q2 24 | $4.6M | — | ||
| Q1 24 | $2.1M | — |
毛利率KRMNRHLD
| Q4 25 | 39.9% | 55.7% | ||
| Q3 25 | 41.0% | 59.0% | ||
| Q2 25 | 40.9% | 57.5% | ||
| Q1 25 | 39.4% | 52.5% | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 39.3% | — | ||
| Q2 24 | 40.7% | — | ||
| Q1 24 | 34.9% | — |
营业利润率KRMNRHLD
| Q4 25 | 15.7% | 30.2% | ||
| Q3 25 | 17.9% | 34.3% | ||
| Q2 25 | 17.5% | 34.0% | ||
| Q1 25 | 10.0% | 24.7% | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 20.2% | — | ||
| Q2 24 | 21.5% | — | ||
| Q1 24 | 16.3% | — |
净利率KRMNRHLD
| Q4 25 | 5.7% | -1.5% | ||
| Q3 25 | 6.3% | -0.2% | ||
| Q2 25 | 5.9% | -0.5% | ||
| Q1 25 | -4.8% | -3.2% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | 2.6% | — |
每股收益（稀释后）KRMNRHLD
| Q4 25 | $0.06 | $-0.20 | ||
| Q3 25 | $0.06 | $-0.03 | ||
| Q2 25 | $0.05 | $-0.07 | ||
| Q1 25 | $-0.04 | $-0.39 | ||
| Q4 24 | $0.01 | — | ||
| Q3 24 | $0.03 | — | ||
| Q2 24 | $0.03 | — | ||
| Q1 24 | $0.01 | — |
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 | $34.0M | $205.5M |
| 总债务越低越好 | — | $169.8M |
| 股东权益账面价值 | $382.7M | $6.5M |
| 总资产 | $1.1B | $333.4M |
| 负债/权益比越低杠杆越低 | — | 26.03× |
8季度趋势，按日历期对齐
现金及短期投资KRMNRHLD
| Q4 25 | $34.0M | $205.5M | ||
| Q3 25 | $18.7M | $148.0M | ||
| Q2 25 | $27.4M | $99.9M | ||
| Q1 25 | $113.7M | $71.0M | ||
| Q4 24 | $11.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务KRMNRHLD
| Q4 25 | — | $169.8M | ||
| Q3 25 | — | $173.4M | ||
| Q2 25 | — | $177.1M | ||
| Q1 25 | — | $180.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益KRMNRHLD
| Q4 25 | $382.7M | $6.5M | ||
| Q3 25 | $369.1M | $10.8M | ||
| Q2 25 | $361.5M | $9.6M | ||
| Q1 25 | $348.9M | $8.9M | ||
| Q4 24 | $196.0M | — | ||
| Q3 24 | $194.1M | — | ||
| Q2 24 | $189.6M | — | ||
| Q1 24 | $184.8M | — |
总资产KRMNRHLD
| Q4 25 | $1.1B | $333.4M | ||
| Q3 25 | $968.1M | $293.2M | ||
| Q2 25 | $953.9M | $253.3M | ||
| Q1 25 | $875.4M | $214.3M | ||
| Q4 24 | $774.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
负债/权益比KRMNRHLD
| Q4 25 | — | 26.03× | ||
| Q3 25 | — | 16.01× | ||
| Q2 25 | — | 18.42× | ||
| Q1 25 | — | 20.38× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $8.7M | $196.1M |
| 自由现金流经营现金流 - 资本支出 | $4.0M | $189.2M |
| 自由现金流率自由现金流/营收 | 3.0% | 160.8% |
| 资本支出强度资本支出/营收 | 3.5% | 5.8% |
| 现金转化率经营现金流/净利润 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | $-42.5M | $313.2M |
8季度趋势，按日历期对齐
经营现金流KRMNRHLD
| Q4 25 | $8.7M | $196.1M | ||
| Q3 25 | $131.0K | $59.6M | ||
| Q2 25 | $-17.4M | $48.9M | ||
| Q1 25 | $-13.6M | $18.4M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $3.1M | — |
自由现金流KRMNRHLD
| Q4 25 | $4.0M | $189.2M | ||
| Q3 25 | $-6.8M | $58.6M | ||
| Q2 25 | $-21.0M | $47.5M | ||
| Q1 25 | $-18.6M | $17.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $1.5M | — |
自由现金流率KRMNRHLD
| Q4 25 | 3.0% | 160.8% | ||
| Q3 25 | -5.6% | 48.5% | ||
| Q2 25 | -18.2% | 39.7% | ||
| Q1 25 | -18.6% | 17.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.8% | — |
资本支出强度KRMNRHLD
| Q4 25 | 3.5% | 5.8% | ||
| Q3 25 | 5.7% | 0.8% | ||
| Q2 25 | 3.2% | 1.2% | ||
| Q1 25 | 5.0% | 0.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.9% | — |
现金转化率KRMNRHLD
| Q4 25 | 1.13× | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | -2.55× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 1.45× | — |
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
KRMN
| Tactical Missile And Integrated Defense Systems | $50.5M | 38% |
| Hypersonic And Strategic Missile Defense | $48.4M | 36% |
| Space And Launch | $35.7M | 27% |
RHLD
暂无分部数据
