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KOHLS Corp（KSS）与梅西百货（M）财务数据对比。点击上方公司名可切换其他公司
梅西百货的季度营收约是KOHLS Corp的1.3倍（$4.7B vs $3.6B）。梅西百货净利率更高（0.2% vs 0.2%，领先0.0%）。梅西百货同比增速更快（-0.6% vs -3.6%）。KOHLS Corp自由现金流更多（$16.0M vs $-101.0M）。过去两年KOHLS Corp的营收复合增速更高（-22.5% vs -23.8%）
科尔士（Kohl's）是美国知名连锁百货零售商，目前在全美除夏威夷外的各州共开设1174家门店。品牌由波兰移民麦克斯韦·科尔创立，1927年他在威斯康星州密尔沃基开设了一家街角杂货店，在当地发展为成功的连锁品牌后，1962年公司开设首家百货门店，正式进军百货零售领域。
梅西百货是美国知名百货控股集团，1929年成立时名为联合百货，最初持有Abraham & Straus、Lazarus等多个区域连锁百货品牌，次年布鲁明戴尔正式加入。集团早年频繁开展资产并购与剥离，1994年收购1858年创立的老牌百货梅西，随后更名并发展为美国头部百货零售企业。
KSS vs M — 直观对比
营收规模更大
M
是对方的1.3倍
$3.6B
营收增速更快
M
高出3.0%
-3.6%
净利率更高
M
高出0.0%
0.2%
自由现金流更多
KSS
多$117.0M
$-101.0M
两年增速更快
KSS
近两年复合增速
-23.8%
损益表 — Q4 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $4.7B |
| 净利润 | $8.0M | $11.0M |
| 毛利率 | 42.4% | 39.4% |
| 营业利润率 | 2.0% | 0.9% |
| 净利率 | 0.2% | 0.2% |
| 营收同比 | -3.6% | -0.6% |
| 净利润同比 | -63.6% | -60.7% |
| 每股收益（稀释后） | $0.07 | $0.04 |
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KSSM
| Q4 25 | $3.6B | $4.7B | ||
| Q3 25 | $3.5B | $4.8B | ||
| Q2 25 | $3.2B | $4.6B | ||
| Q1 25 | $5.4B | $7.8B | ||
| Q4 24 | $3.7B | $4.7B | ||
| Q3 24 | $3.7B | $4.9B | ||
| Q2 24 | $3.4B | $4.8B | ||
| Q1 24 | $6.0B | $8.1B |
净利润KSSM
| Q4 25 | $8.0M | $11.0M | ||
| Q3 25 | $153.0M | $87.0M | ||
| Q2 25 | $-15.0M | $38.0M | ||
| Q1 25 | $48.0M | $342.0M | ||
| Q4 24 | $22.0M | $28.0M | ||
| Q3 24 | $66.0M | $150.0M | ||
| Q2 24 | $-27.0M | $62.0M | ||
| Q1 24 | $186.0M | $-71.0M |
毛利率KSSM
| Q4 25 | 42.4% | 39.4% | ||
| Q3 25 | 43.3% | 39.7% | ||
| Q2 25 | 43.3% | 39.2% | ||
| Q1 25 | 35.6% | 35.7% | ||
| Q4 24 | 42.4% | 39.6% | ||
| Q3 24 | 43.0% | 40.5% | ||
| Q2 24 | 43.1% | 39.2% | ||
| Q1 24 | 35.2% | 37.5% |
营业利润率KSSM
| Q4 25 | 2.0% | 0.9% | ||
| Q3 25 | 7.9% | 3.1% | ||
| Q2 25 | 1.9% | 2.0% | ||
| Q1 25 | 2.3% | 6.4% | ||
| Q4 24 | 2.6% | 1.3% | ||
| Q3 24 | 4.4% | 4.5% | ||
| Q2 24 | 1.3% | 2.6% | ||
| Q1 24 | 5.0% | -0.9% |
净利率KSSM
| Q4 25 | 0.2% | 0.2% | ||
| Q3 25 | 4.3% | 1.8% | ||
| Q2 25 | -0.5% | 0.8% | ||
| Q1 25 | 0.9% | 4.4% | ||
| Q4 24 | 0.6% | 0.6% | ||
| Q3 24 | 1.8% | 3.0% | ||
| Q2 24 | -0.8% | 1.3% | ||
| Q1 24 | 3.1% | -0.9% |
每股收益（稀释后）KSSM
| Q4 25 | $0.07 | $0.04 | ||
| Q3 25 | $1.35 | $0.31 | ||
| Q2 25 | $-0.13 | $0.13 | ||
| Q1 25 | $0.43 | $1.22 | ||
| Q4 24 | $0.20 | $0.10 | ||
| Q3 24 | $0.59 | $0.53 | ||
| Q2 24 | $-0.24 | $0.22 | ||
| Q1 24 | $1.67 | $-0.25 |
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 | $144.0M | $447.0M |
| 总债务越低越好 | — | $2.4B |
| 股东权益账面价值 | $3.9B | $4.3B |
| 总资产 | $14.1B | $17.1B |
| 负债/权益比越低杠杆越低 | — | 0.56× |
8季度趋势，按日历期对齐
现金及短期投资KSSM
| Q4 25 | $144.0M | $447.0M | ||
| Q3 25 | $174.0M | $829.0M | ||
| Q2 25 | $153.0M | $932.0M | ||
| Q1 25 | $134.0M | $1.3B | ||
| Q4 24 | $174.0M | $315.0M | ||
| Q3 24 | $231.0M | $646.0M | ||
| Q2 24 | $228.0M | $876.0M | ||
| Q1 24 | $183.0M | $1.0B |
总债务KSSM
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $3.0B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $3.0B |
股东权益KSSM
| Q4 25 | $3.9B | $4.3B | ||
| Q3 25 | $3.9B | $4.5B | ||
| Q2 25 | $3.8B | $4.5B | ||
| Q1 25 | $3.8B | $4.6B | ||
| Q4 24 | $3.8B | $4.1B | ||
| Q3 24 | $3.8B | $4.3B | ||
| Q2 24 | $3.8B | $4.2B | ||
| Q1 24 | $3.9B | $4.1B |
总资产KSSM
| Q4 25 | $14.1B | $17.1B | ||
| Q3 25 | $13.4B | $15.6B | ||
| Q2 25 | $13.6B | $16.1B | ||
| Q1 25 | $13.6B | $16.4B | ||
| Q4 24 | $15.1B | $17.3B | ||
| Q3 24 | $14.2B | $15.8B | ||
| Q2 24 | $14.3B | $16.4B | ||
| Q1 24 | $14.0B | $16.2B |
负债/权益比KSSM
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.55× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.61× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 0.72× |
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 | $124.0M | $-8.0M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | $-101.0M |
| 自由现金流率自由现金流/营收 | 0.4% | -2.1% |
| 资本支出强度资本支出/营收 | 3.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 15.50× | -0.73× |
| 过去12个月自由现金流最近4个季度 | $819.0M | $1.2B |
8季度趋势，按日历期对齐
经营现金流KSSM
| Q4 25 | $124.0M | $-8.0M | ||
| Q3 25 | $598.0M | $319.0M | ||
| Q2 25 | $-92.0M | $-64.0M | ||
| Q1 25 | $596.0M | $1.3B | ||
| Q4 24 | $-195.0M | $-167.0M | ||
| Q3 24 | $254.0M | $8.0M | ||
| Q2 24 | $-7.0M | $129.0M | ||
| Q1 24 | $789.0M | $1.1B |
自由现金流KSSM
| Q4 25 | $16.0M | $-101.0M | ||
| Q3 25 | $508.0M | $240.0M | ||
| Q2 25 | $-202.0M | $-164.0M | ||
| Q1 25 | $497.0M | $1.2B | ||
| Q4 24 | $-323.0M | $-295.0M | ||
| Q3 24 | $141.0M | $-109.0M | ||
| Q2 24 | $-133.0M | $-25.0M | ||
| Q1 24 | $707.0M | $1.0B |
自由现金流率KSSM
| Q4 25 | 0.4% | -2.1% | ||
| Q3 25 | 14.3% | 5.0% | ||
| Q2 25 | -6.2% | -3.6% | ||
| Q1 25 | 9.2% | 15.3% | ||
| Q4 24 | -8.7% | -6.2% | ||
| Q3 24 | 3.8% | -2.2% | ||
| Q2 24 | -3.9% | -0.5% | ||
| Q1 24 | 11.9% | 12.3% |
资本支出强度KSSM
| Q4 25 | 3.0% | 2.0% | ||
| Q3 25 | 2.5% | 1.6% | ||
| Q2 25 | 3.4% | 2.2% | ||
| Q1 25 | 1.8% | 1.5% | ||
| Q4 24 | 3.5% | 2.7% | ||
| Q3 24 | 3.0% | 2.4% | ||
| Q2 24 | 3.7% | 3.2% | ||
| Q1 24 | 1.4% | 1.8% |
现金转化率KSSM
| Q4 25 | 15.50× | -0.73× | ||
| Q3 25 | 3.91× | 3.67× | ||
| Q2 25 | — | -1.68× | ||
| Q1 25 | 12.42× | 3.82× | ||
| Q4 24 | -8.86× | -5.96× | ||
| Q3 24 | 3.85× | 0.05× | ||
| Q2 24 | — | 2.08× | ||
| Q1 24 | 4.24× | — |
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
KSS
| Products | $3.4B | 95% |
| Other | $168.0M | 5% |
| Gift Card | $17.0M | 0% |
M
| Womens Accessories Shoes Cosmetics And Fragrances | $1.9B | 41% |
| Womens Apparel | $1.1B | 23% |
| Mens And Kids | $1.0B | 22% |
| Home Other | $638.0M | 14% |
| Credit Card Revenues Net | $158.0M | 3% |
| Macys Media Network Revenue Net | $42.0M | 1% |
