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KOHLS Corp（KSS）与EchoStar CORP（SATS）财务数据对比。点击上方公司名可切换其他公司
EchoStar CORP的季度营收约是KOHLS Corp的1.1倍（$3.8B vs $3.6B），KOHLS Corp净利率更高（0.2% vs -31.8%，领先32.0%），KOHLS Corp同比增速更快（-3.6% vs -4.3%），KOHLS Corp自由现金流更多（$16.0M vs $-583.4M），过去两年EchoStar CORP的营收复合增速更高（-2.8% 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。
EchoStar Corp曾于2004年至2011年与TiVo公司发生专利纠纷，TiVo主张前者侵犯其DVR技术相关专利。该案先后由美国得克萨斯州东区联邦地区法院、联邦巡回上诉法院审理，涉及专利侵权判定、禁令条款、侵权产品改造、藐视法庭裁定及处罚等多个争议点。
KSS vs SATS — 直观对比
营收规模更大
SATS
是对方的1.1倍
$3.6B
营收增速更快
KSS
高出0.7%
-4.3%
净利率更高
KSS
高出32.0%
-31.8%
自由现金流更多
KSS
多$599.4M
$-583.4M
两年增速更快
SATS
近两年复合增速
-22.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $3.8B |
| 净利润 | $8.0M | $-1.2B |
| 毛利率 | 42.4% | — |
| 营业利润率 | 2.0% | -20.5% |
| 净利率 | 0.2% | -31.8% |
| 营收同比 | -3.6% | -4.3% |
| 净利润同比 | -63.6% | -460.1% |
| 每股收益（稀释后） | $0.07 | $-4.27 |
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KSSSATS
| Q4 25 | $3.6B | $3.8B | ||
| Q3 25 | $3.5B | $3.6B | ||
| Q2 25 | $3.2B | $3.7B | ||
| Q1 25 | $5.4B | $3.9B | ||
| Q4 24 | $3.7B | $4.0B | ||
| Q3 24 | $3.7B | $3.9B | ||
| Q2 24 | $3.4B | $4.0B | ||
| Q1 24 | $6.0B | $4.0B |
净利润KSSSATS
| Q4 25 | $8.0M | $-1.2B | ||
| Q3 25 | $153.0M | $-12.8B | ||
| Q2 25 | $-15.0M | $-306.1M | ||
| Q1 25 | $48.0M | $-202.7M | ||
| Q4 24 | $22.0M | $335.2M | ||
| Q3 24 | $66.0M | $-141.8M | ||
| Q2 24 | $-27.0M | $-205.6M | ||
| Q1 24 | $186.0M | $-107.4M |
毛利率KSSSATS
| Q4 25 | 42.4% | — | ||
| Q3 25 | 43.3% | — | ||
| Q2 25 | 43.3% | — | ||
| Q1 25 | 35.6% | — | ||
| Q4 24 | 42.4% | — | ||
| Q3 24 | 43.0% | — | ||
| Q2 24 | 43.1% | — | ||
| Q1 24 | 35.2% | — |
营业利润率KSSSATS
| Q4 25 | 2.0% | -20.5% | ||
| Q3 25 | 7.9% | -460.5% | ||
| Q2 25 | 1.9% | -5.7% | ||
| Q1 25 | 2.3% | -2.3% | ||
| Q4 24 | 2.6% | -1.6% | ||
| Q3 24 | 4.4% | -4.1% | ||
| Q2 24 | 1.3% | -1.7% | ||
| Q1 24 | 5.0% | -0.4% |
净利率KSSSATS
| Q4 25 | 0.2% | -31.8% | ||
| Q3 25 | 4.3% | -353.6% | ||
| Q2 25 | -0.5% | -8.2% | ||
| Q1 25 | 0.9% | -5.2% | ||
| Q4 24 | 0.6% | 8.5% | ||
| Q3 24 | 1.8% | -3.6% | ||
| Q2 24 | -0.8% | -5.2% | ||
| Q1 24 | 3.1% | -2.7% |
每股收益（稀释后）KSSSATS
| Q4 25 | $0.07 | $-4.27 | ||
| Q3 25 | $1.35 | $-44.37 | ||
| Q2 25 | $-0.13 | $-1.06 | ||
| Q1 25 | $0.43 | $-0.71 | ||
| Q4 24 | $0.20 | $1.24 | ||
| Q3 24 | $0.59 | $-0.52 | ||
| Q2 24 | $-0.24 | $-0.76 | ||
| Q1 24 | $1.67 | $-0.40 |
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 | $3.0B |
| 总债务越低越好 | — | $18.7B |
| 股东权益账面价值 | $3.9B | $5.8B |
| 总资产 | $14.1B | $43.0B |
| 负债/权益比越低杠杆越低 | — | 3.24× |
8季度趋势，按日历期对齐
现金及短期投资KSSSATS
| Q4 25 | $144.0M | $3.0B | ||
| Q3 25 | $174.0M | $3.9B | ||
| Q2 25 | $153.0M | $4.3B | ||
| Q1 25 | $134.0M | $5.1B | ||
| Q4 24 | $174.0M | $5.5B | ||
| Q3 24 | $231.0M | $674.4M | ||
| Q2 24 | $228.0M | $520.6M | ||
| Q1 24 | $183.0M | $766.4M |
总债务KSSSATS
| Q4 25 | — | $18.7B | ||
| Q3 25 | — | $21.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $25.3B | ||
| Q4 24 | — | $25.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $951.0M |
股东权益KSSSATS
| Q4 25 | $3.9B | $5.8B | ||
| Q3 25 | $3.9B | $7.0B | ||
| Q2 25 | $3.8B | $19.7B | ||
| Q1 25 | $3.8B | $20.0B | ||
| Q4 24 | $3.8B | $20.2B | ||
| Q3 24 | $3.8B | $19.4B | ||
| Q2 24 | $3.8B | $19.6B | ||
| Q1 24 | $3.9B | $19.8B |
总资产KSSSATS
| Q4 25 | $14.1B | $43.0B | ||
| Q3 25 | $13.4B | $45.3B | ||
| Q2 25 | $13.6B | $59.9B | ||
| Q1 25 | $13.6B | $60.6B | ||
| Q4 24 | $15.1B | $60.9B | ||
| Q3 24 | $14.2B | $57.5B | ||
| Q2 24 | $14.3B | $55.3B | ||
| Q1 24 | $14.0B | $55.6B |
负债/权益比KSSSATS
| Q4 25 | — | 3.24× | ||
| Q3 25 | — | 3.13× | ||
| Q2 25 | — | 1.29× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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 | $-425.3M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | $-583.4M |
| 自由现金流率自由现金流/营收 | 0.4% | -15.4% |
| 资本支出强度资本支出/营收 | 3.0% | 4.2% |
| 现金转化率经营现金流/净利润 | 15.50× | — |
| 过去12个月自由现金流最近4个季度 | $819.0M | $-1.1B |
8季度趋势，按日历期对齐
经营现金流KSSSATS
| Q4 25 | $124.0M | $-425.3M | ||
| Q3 25 | $598.0M | $111.7M | ||
| Q2 25 | $-92.0M | $7.5M | ||
| Q1 25 | $596.0M | $206.8M | ||
| Q4 24 | $-195.0M | $45.6M | ||
| Q3 24 | $254.0M | $276.2M | ||
| Q2 24 | $-7.0M | $479.7M | ||
| Q1 24 | $789.0M | $451.3M |
自由现金流KSSSATS
| Q4 25 | $16.0M | $-583.4M | ||
| Q3 25 | $508.0M | $-144.4M | ||
| Q2 25 | $-202.0M | $-285.7M | ||
| Q1 25 | $497.0M | $-51.7M | ||
| Q4 24 | $-323.0M | $-298.7M | ||
| Q3 24 | $141.0M | $-57.5M | ||
| Q2 24 | $-133.0M | $132.4M | ||
| Q1 24 | $707.0M | $-68.4M |
自由现金流率KSSSATS
| Q4 25 | 0.4% | -15.4% | ||
| Q3 25 | 14.3% | -4.0% | ||
| Q2 25 | -6.2% | -7.7% | ||
| Q1 25 | 9.2% | -1.3% | ||
| Q4 24 | -8.7% | -7.5% | ||
| Q3 24 | 3.8% | -1.5% | ||
| Q2 24 | -3.9% | 3.3% | ||
| Q1 24 | 11.9% | -1.7% |
资本支出强度KSSSATS
| Q4 25 | 3.0% | 4.2% | ||
| Q3 25 | 2.5% | 7.1% | ||
| Q2 25 | 3.4% | 7.9% | ||
| Q1 25 | 1.8% | 6.7% | ||
| Q4 24 | 3.5% | 8.7% | ||
| Q3 24 | 3.0% | 8.6% | ||
| Q2 24 | 3.7% | 8.8% | ||
| Q1 24 | 1.4% | 12.9% |
现金转化率KSSSATS
| Q4 25 | 15.50× | — | ||
| Q3 25 | 3.91× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.42× | — | ||
| Q4 24 | -8.86× | 0.14× | ||
| Q3 24 | 3.85× | — | ||
| Q2 24 | — | — | ||
| 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% |
SATS
| Pay Tv | $2.4B | 62% |
| Wireless Services And Related Revenue | $846.5M | 22% |
| Equipment Sales And Other Revenue | $346.5M | 9% |
| Broadband And Satellite Services And Other Revenue | $264.1M | 7% |
