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KOHLS Corp（KSS）与新美亚（SANM）财务数据对比。点击上方公司名可切换其他公司
KOHLS Corp的季度营收约是新美亚的1.1倍（$3.6B vs $3.2B），新美亚净利率更高（1.5% vs 0.2%，领先1.3%），新美亚同比增速更快（59.0% vs -3.6%），新美亚自由现金流更多（$91.9M vs $16.0M），过去两年新美亚的营收复合增速更高（31.9% vs -22.5%）
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。
新美亚公司是总部位于美国加利福尼亚州圣何塞的电子制造服务（EMS）提供商，服务通信、计算机硬件领域的原始设备制造商（OEM）。集团拥有近80个生产基地，是全球规模最大的印刷电路板和背板独立制造商之一，2022年位列《财富》世界500强第482位。
KSS vs SANM — 直观对比
营收规模更大
KSS
是对方的1.1倍
$3.2B
营收增速更快
SANM
高出62.6%
-3.6%
净利率更高
SANM
高出1.3%
0.2%
自由现金流更多
SANM
多$75.9M
$16.0M
两年增速更快
SANM
近两年复合增速
-22.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $3.2B |
| 净利润 | $8.0M | $49.3M |
| 毛利率 | 42.4% | 7.6% |
| 营业利润率 | 2.0% | 2.3% |
| 净利率 | 0.2% | 1.5% |
| 营收同比 | -3.6% | 59.0% |
| 净利润同比 | -63.6% | -24.2% |
| 每股收益（稀释后） | $0.07 | $0.89 |
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KSSSANM
| Q4 25 | $3.6B | $3.2B | ||
| Q3 25 | $3.5B | $2.1B | ||
| Q2 25 | $3.2B | $2.0B | ||
| Q1 25 | $5.4B | $2.0B | ||
| Q4 24 | $3.7B | $2.0B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $3.4B | $1.8B | ||
| Q1 24 | $6.0B | $1.8B |
净利润KSSSANM
| Q4 25 | $8.0M | $49.3M | ||
| Q3 25 | $153.0M | $48.1M | ||
| Q2 25 | $-15.0M | $68.6M | ||
| Q1 25 | $48.0M | $64.2M | ||
| Q4 24 | $22.0M | $65.0M | ||
| Q3 24 | $66.0M | $61.4M | ||
| Q2 24 | $-27.0M | $51.6M | ||
| Q1 24 | $186.0M | $52.5M |
毛利率KSSSANM
| Q4 25 | 42.4% | 7.6% | ||
| Q3 25 | 43.3% | 9.1% | ||
| Q2 25 | 43.3% | 8.9% | ||
| Q1 25 | 35.6% | 8.9% | ||
| Q4 24 | 42.4% | 8.4% | ||
| Q3 24 | 43.0% | 8.5% | ||
| Q2 24 | 43.1% | 8.3% | ||
| Q1 24 | 35.2% | 8.4% |
营业利润率KSSSANM
| Q4 25 | 2.0% | 2.3% | ||
| Q3 25 | 7.9% | 3.7% | ||
| Q2 25 | 1.9% | 4.7% | ||
| Q1 25 | 2.3% | 4.6% | ||
| Q4 24 | 2.6% | 4.4% | ||
| Q3 24 | 4.4% | 4.4% | ||
| Q2 24 | 1.3% | 4.5% | ||
| Q1 24 | 5.0% | 4.1% |
净利率KSSSANM
| Q4 25 | 0.2% | 1.5% | ||
| Q3 25 | 4.3% | 2.3% | ||
| Q2 25 | -0.5% | 3.4% | ||
| Q1 25 | 0.9% | 3.2% | ||
| Q4 24 | 0.6% | 3.2% | ||
| Q3 24 | 1.8% | 3.0% | ||
| Q2 24 | -0.8% | 2.8% | ||
| Q1 24 | 3.1% | 2.9% |
每股收益（稀释后）KSSSANM
| Q4 25 | $0.07 | $0.89 | ||
| Q3 25 | $1.35 | $0.88 | ||
| Q2 25 | $-0.13 | $1.26 | ||
| Q1 25 | $0.43 | $1.16 | ||
| Q4 24 | $0.20 | $1.16 | ||
| Q3 24 | $0.59 | $1.09 | ||
| Q2 24 | $-0.24 | $0.91 | ||
| Q1 24 | $1.67 | $0.93 |
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 | $1.4B |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $3.9B | $2.7B |
| 总资产 | $14.1B | $9.8B |
| 负债/权益比越低杠杆越低 | — | 0.82× |
8季度趋势，按日历期对齐
现金及短期投资KSSSANM
| Q4 25 | $144.0M | $1.4B | ||
| Q3 25 | $174.0M | $926.3M | ||
| Q2 25 | $153.0M | $797.9M | ||
| Q1 25 | $134.0M | $647.1M | ||
| Q4 24 | $174.0M | $642.4M | ||
| Q3 24 | $231.0M | $625.9M | ||
| Q2 24 | $228.0M | $657.7M | ||
| Q1 24 | $183.0M | $650.9M |
总债务KSSSANM
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $300.5M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益KSSSANM
| Q4 25 | $3.9B | $2.7B | ||
| Q3 25 | $3.9B | $2.5B | ||
| Q2 25 | $3.8B | $2.5B | ||
| Q1 25 | $3.8B | $2.4B | ||
| Q4 24 | $3.8B | $2.4B | ||
| Q3 24 | $3.8B | $2.4B | ||
| Q2 24 | $3.8B | $2.3B | ||
| Q1 24 | $3.9B | $2.3B |
总资产KSSSANM
| Q4 25 | $14.1B | $9.8B | ||
| Q3 25 | $13.4B | $5.9B | ||
| Q2 25 | $13.6B | $5.2B | ||
| Q1 25 | $13.6B | $5.0B | ||
| Q4 24 | $15.1B | $4.8B | ||
| Q3 24 | $14.2B | $4.8B | ||
| Q2 24 | $14.3B | $4.7B | ||
| Q1 24 | $14.0B | $4.7B |
负债/权益比KSSSANM
| Q4 25 | — | 0.82× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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 | $124.0M | $178.7M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | $91.9M |
| 自由现金流率自由现金流/营收 | 0.4% | 2.9% |
| 资本支出强度资本支出/营收 | 3.0% | 2.7% |
| 现金转化率经营现金流/净利润 | 15.50× | 3.63× |
| 过去12个月自由现金流最近4个季度 | $819.0M | $518.3M |
8季度趋势，按日历期对齐
经营现金流KSSSANM
| Q4 25 | $124.0M | $178.7M | ||
| Q3 25 | $598.0M | $199.1M | ||
| Q2 25 | $-92.0M | $200.8M | ||
| Q1 25 | $596.0M | $156.9M | ||
| Q4 24 | $-195.0M | $63.9M | ||
| Q3 24 | $254.0M | $51.9M | ||
| Q2 24 | $-7.0M | $90.0M | ||
| Q1 24 | $789.0M | $72.3M |
自由现金流KSSSANM
| Q4 25 | $16.0M | $91.9M | ||
| Q3 25 | $508.0M | $136.6M | ||
| Q2 25 | $-202.0M | $163.7M | ||
| Q1 25 | $497.0M | $126.1M | ||
| Q4 24 | $-323.0M | $46.9M | ||
| Q3 24 | $141.0M | $27.2M | ||
| Q2 24 | $-133.0M | $67.2M | ||
| Q1 24 | $707.0M | $42.7M |
自由现金流率KSSSANM
| Q4 25 | 0.4% | 2.9% | ||
| Q3 25 | 14.3% | 6.5% | ||
| Q2 25 | -6.2% | 8.0% | ||
| Q1 25 | 9.2% | 6.4% | ||
| Q4 24 | -8.7% | 2.3% | ||
| Q3 24 | 3.8% | 1.4% | ||
| Q2 24 | -3.9% | 3.7% | ||
| Q1 24 | 11.9% | 2.3% |
资本支出强度KSSSANM
| Q4 25 | 3.0% | 2.7% | ||
| Q3 25 | 2.5% | 3.0% | ||
| Q2 25 | 3.4% | 1.8% | ||
| Q1 25 | 1.8% | 1.5% | ||
| Q4 24 | 3.5% | 0.9% | ||
| Q3 24 | 3.0% | 1.2% | ||
| Q2 24 | 3.7% | 1.2% | ||
| Q1 24 | 1.4% | 1.6% |
现金转化率KSSSANM
| Q4 25 | 15.50× | 3.63× | ||
| Q3 25 | 3.91× | 4.14× | ||
| Q2 25 | — | 2.93× | ||
| Q1 25 | 12.42× | 2.44× | ||
| Q4 24 | -8.86× | 0.98× | ||
| Q3 24 | 3.85× | 0.85× | ||
| Q2 24 | — | 1.74× | ||
| Q1 24 | 4.24× | 1.38× |
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% |
SANM
| Industrial And Energy Medical Defense And Aerospace And Automotive And Transportation | $1.2B | 38% |
| ZT Systems | $1.1B | 34% |
| Other Segments CPS | $434.3M | 14% |
| CPS Third Party Revenue | $412.7M | 13% |
| Change In Accounting Method Accounted For As Change In Estimate | $2.7M | 0% |
