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KRONOS WORLDWIDE INC（KRO）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是KRONOS WORLDWIDE INC的1.1倍（$461.6M vs $418.3M），KRONOS WORLDWIDE INC同比增速更快（-1.1% vs -4.1%），过去两年KRONOS WORLDWIDE INC的营收复合增速更高（-6.5% vs -10.7%）
克罗诺斯全球（原克罗诺斯公司）是一家美国跨国企业，总部位于美国马萨诸塞州洛厄尔，专注于提供劳动力管理与人力资本管理云服务，在全球拥有超过6000名员工，是该领域知名的服务提供商。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
KRO vs SAM — 直观对比
营收规模更大
SAM
是对方的1.1倍
$418.3M
营收增速更快
KRO
高出3.0%
-4.1%
两年增速更快
KRO
近两年复合增速
-10.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $418.3M | $461.6M |
| 净利润 | $-82.8M | — |
| 毛利率 | -0.9% | 46.4% |
| 营业利润率 | -15.1% | 12.4% |
| 净利率 | -19.8% | — |
| 营收同比 | -1.1% | -4.1% |
| 净利润同比 | -527.3% | — |
| 每股收益（稀释后） | $-0.72 | $2.16 |
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KROSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $418.3M | $385.7M | ||
| Q3 25 | $456.9M | $537.5M | ||
| Q2 25 | $494.4M | $587.9M | ||
| Q1 25 | $489.8M | $453.9M | ||
| Q4 24 | $423.1M | $402.3M | ||
| Q3 24 | $484.7M | $605.5M | ||
| Q2 24 | $500.5M | $579.1M |
净利润KROSAM
| Q1 26 | — | — | ||
| Q4 25 | $-82.8M | $-22.5M | ||
| Q3 25 | $-37.0M | $46.2M | ||
| Q2 25 | $-9.2M | $60.4M | ||
| Q1 25 | $18.1M | $24.4M | ||
| Q4 24 | $-13.2M | $-38.8M | ||
| Q3 24 | $71.8M | $33.5M | ||
| Q2 24 | $19.5M | $52.3M |
毛利率KROSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | -0.9% | 43.5% | ||
| Q3 25 | 10.3% | 50.8% | ||
| Q2 25 | 12.7% | 49.8% | ||
| Q1 25 | 21.8% | 48.3% | ||
| Q4 24 | 20.4% | 39.9% | ||
| Q3 24 | 20.9% | 46.3% | ||
| Q2 24 | 20.0% | 46.0% |
营业利润率KROSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | -15.1% | -8.6% | ||
| Q3 25 | -4.2% | 11.5% | ||
| Q2 25 | 1.5% | 14.0% | ||
| Q1 25 | 7.8% | 7.4% | ||
| Q4 24 | 6.8% | -13.9% | ||
| Q3 24 | 8.0% | 7.6% | ||
| Q2 24 | 7.2% | 12.2% |
净利率KROSAM
| Q1 26 | — | — | ||
| Q4 25 | -19.8% | -5.8% | ||
| Q3 25 | -8.1% | 8.6% | ||
| Q2 25 | -1.9% | 10.3% | ||
| Q1 25 | 3.7% | 5.4% | ||
| Q4 24 | -3.1% | -9.6% | ||
| Q3 24 | 14.8% | 5.5% | ||
| Q2 24 | 3.9% | 9.0% |
每股收益（稀释后）KROSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.72 | $-1.97 | ||
| Q3 25 | $-0.32 | $4.25 | ||
| Q2 25 | $-0.08 | $5.45 | ||
| Q1 25 | $0.16 | $2.16 | ||
| Q4 24 | $-0.11 | $-3.23 | ||
| Q3 24 | $0.62 | $2.86 | ||
| Q2 24 | $0.17 | $4.39 |
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 | $33.2M | $164.1M |
| 总债务越低越好 | $557.4M | — |
| 股东权益账面价值 | $751.1M | $682.6M |
| 总资产 | $1.8B | $1.2B |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资KROSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $33.2M | $223.4M | ||
| Q3 25 | $27.7M | $250.5M | ||
| Q2 25 | $18.9M | $212.4M | ||
| Q1 25 | $20.5M | $152.5M | ||
| Q4 24 | $106.7M | $211.8M | ||
| Q3 24 | $94.8M | $255.6M | ||
| Q2 24 | $133.8M | $219.3M |
总债务KROSAM
| Q1 26 | — | — | ||
| Q4 25 | $557.4M | — | ||
| Q3 25 | $626.2M | — | ||
| Q2 25 | $589.3M | — | ||
| Q1 25 | $557.2M | — | ||
| Q4 24 | $507.4M | — | ||
| Q3 24 | $554.3M | — | ||
| Q2 24 | $423.7M | — |
股东权益KROSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $751.1M | $846.3M | ||
| Q3 25 | $804.7M | $911.0M | ||
| Q2 25 | $846.8M | $912.3M | ||
| Q1 25 | $847.0M | $897.0M | ||
| Q4 24 | $817.0M | $916.2M | ||
| Q3 24 | $847.4M | $1.0B | ||
| Q2 24 | $774.6M | $1.0B |
总资产KROSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $1.9B | $1.4B | ||
| Q2 24 | $1.7B | $1.4B |
负债/权益比KROSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.78× | — | ||
| Q2 25 | 0.70× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 0.55× | — |
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 | $92.1M | — |
| 自由现金流经营现金流 - 资本支出 | $81.9M | — |
| 自由现金流率自由现金流/营收 | 19.6% | — |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-40.4M | — |
8季度趋势，按日历期对齐
经营现金流KROSAM
| Q1 26 | — | — | ||
| Q4 25 | $92.1M | $39.9M | ||
| Q3 25 | $-7.9M | $101.8M | ||
| Q2 25 | $20.7M | $126.5M | ||
| Q1 25 | $-102.4M | $1.9M | ||
| Q4 24 | $49.3M | $41.9M | ||
| Q3 24 | $28.3M | $115.9M | ||
| Q2 24 | $38.2M | $96.0M |
自由现金流KROSAM
| Q1 26 | — | — | ||
| Q4 25 | $81.9M | $22.1M | ||
| Q3 25 | $-17.4M | $89.2M | ||
| Q2 25 | $9.5M | $112.2M | ||
| Q1 25 | $-114.4M | $-8.0M | ||
| Q4 24 | $37.0M | $18.4M | ||
| Q3 24 | $19.2M | $99.2M | ||
| Q2 24 | $34.8M | $75.6M |
自由现金流率KROSAM
| Q1 26 | — | — | ||
| Q4 25 | 19.6% | 5.7% | ||
| Q3 25 | -3.8% | 16.6% | ||
| Q2 25 | 1.9% | 19.1% | ||
| Q1 25 | -23.4% | -1.8% | ||
| Q4 24 | 8.7% | 4.6% | ||
| Q3 24 | 4.0% | 16.4% | ||
| Q2 24 | 7.0% | 13.1% |
资本支出强度KROSAM
| Q1 26 | — | — | ||
| Q4 25 | 2.4% | 4.6% | ||
| Q3 25 | 2.1% | 2.3% | ||
| Q2 25 | 2.3% | 2.4% | ||
| Q1 25 | 2.4% | 2.2% | ||
| Q4 24 | 2.9% | 5.8% | ||
| Q3 24 | 1.9% | 2.8% | ||
| Q2 24 | 0.7% | 3.5% |
现金转化率KROSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 2.09× | ||
| Q1 25 | -5.66× | 0.08× | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.39× | 3.46× | ||
| Q2 24 | 1.96× | 1.83× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
