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Kontoor Brands, Inc.（KTB）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Kontoor Brands, Inc.的季度营收约是Ubiquiti Inc.的1.0倍（$853.2M vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 4.3%，领先24.3%），Ubiquiti Inc.同比增速更快（35.8% vs 27.3%），Ubiquiti Inc.自由现金流更多（$260.3M vs $55.8M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% vs 14.2%）
Kontoor Brands是美国知名服装企业，2019年5月从威富集团分拆独立运营，旗下拥有Lee、Wrangler、Helly Hansen等国际知名服饰品牌，面向全球市场销售各类服饰产品，在休闲服饰及户外功能服饰领域拥有广泛的消费者基础。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
KTB vs UI — 直观对比
营收规模更大
KTB
是对方的1.0倍
$814.9M
营收增速更快
UI
高出8.5%
27.3%
净利率更高
UI
高出24.3%
4.3%
自由现金流更多
UI
多$204.5M
$55.8M
两年增速更快
UI
近两年复合增速
14.2%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $853.2M | $814.9M |
| 净利润 | $36.9M | $233.6M |
| 毛利率 | 41.3% | 45.9% |
| 营业利润率 | 7.5% | 35.9% |
| 净利率 | 4.3% | 28.7% |
| 营收同比 | 27.3% | 35.8% |
| 净利润同比 | -47.6% | 70.8% |
| 每股收益（稀释后） | $0.66 | $3.86 |
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KTBUI
| Q4 25 | — | $814.9M | ||
| Q3 25 | $853.2M | $733.8M | ||
| Q2 25 | $658.3M | $759.2M | ||
| Q1 25 | $622.9M | $664.2M | ||
| Q4 24 | $699.3M | $599.9M | ||
| Q3 24 | $670.2M | $550.3M | ||
| Q2 24 | $606.9M | $507.5M | ||
| Q1 24 | $631.2M | $493.0M |
净利润KTBUI
| Q4 25 | — | $233.6M | ||
| Q3 25 | $36.9M | $207.9M | ||
| Q2 25 | $73.9M | $266.7M | ||
| Q1 25 | $42.9M | $180.4M | ||
| Q4 24 | $64.0M | $136.8M | ||
| Q3 24 | $70.5M | $128.0M | ||
| Q2 24 | $51.8M | $103.8M | ||
| Q1 24 | $59.5M | $76.3M |
毛利率KTBUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | 41.3% | 46.0% | ||
| Q2 25 | 46.3% | 45.1% | ||
| Q1 25 | 47.5% | 44.5% | ||
| Q4 24 | 43.7% | 41.2% | ||
| Q3 24 | 44.7% | 42.1% | ||
| Q2 24 | 44.7% | 40.2% | ||
| Q1 24 | 45.2% | 35.3% |
营业利润率KTBUI
| Q4 25 | — | 35.9% | ||
| Q3 25 | 7.5% | 35.7% | ||
| Q2 25 | 11.9% | 34.4% | ||
| Q1 25 | 11.8% | 34.2% | ||
| Q4 24 | 12.1% | 29.8% | ||
| Q3 24 | 14.7% | 30.7% | ||
| Q2 24 | 12.4% | 27.3% | ||
| Q1 24 | 13.4% | 22.6% |
净利率KTBUI
| Q4 25 | — | 28.7% | ||
| Q3 25 | 4.3% | 28.3% | ||
| Q2 25 | 11.2% | 35.1% | ||
| Q1 25 | 6.9% | 27.2% | ||
| Q4 24 | 9.1% | 22.8% | ||
| Q3 24 | 10.5% | 23.3% | ||
| Q2 24 | 8.5% | 20.5% | ||
| Q1 24 | 9.4% | 15.5% |
每股收益（稀释后）KTBUI
| Q4 25 | — | $3.86 | ||
| Q3 25 | $0.66 | $3.43 | ||
| Q2 25 | $1.32 | $4.40 | ||
| Q1 25 | $0.76 | $2.98 | ||
| Q4 24 | $1.13 | $2.26 | ||
| Q3 24 | $1.26 | $2.12 | ||
| Q2 24 | $0.92 | $1.72 | ||
| Q1 24 | $1.05 | $1.26 |
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 | $82.4M | $302.8M |
| 总债务越低越好 | $1.3B | $47.5M |
| 股东权益账面价值 | $529.6M | $1.0B |
| 总资产 | $2.9B | $1.6B |
| 负债/权益比越低杠杆越低 | 2.53× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资KTBUI
| Q4 25 | — | $302.8M | ||
| Q3 25 | $82.4M | $177.2M | ||
| Q2 25 | $107.5M | $149.7M | ||
| Q1 25 | $356.7M | $151.0M | ||
| Q4 24 | $334.1M | $133.1M | ||
| Q3 24 | $269.4M | $165.2M | ||
| Q2 24 | $224.3M | $126.3M | ||
| Q1 24 | $215.1M | $102.5M |
总债务KTBUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | $1.3B | $133.8M | ||
| Q2 25 | $1.4B | $250.0M | ||
| Q1 25 | $735.6M | $340.0M | ||
| Q4 24 | $740.3M | $406.3M | ||
| Q3 24 | $745.0M | $552.5M | ||
| Q2 24 | $749.7M | $708.1M | ||
| Q1 24 | $779.2M | $877.5M |
股东权益KTBUI
| Q4 25 | — | $1.0B | ||
| Q3 25 | $529.6M | $828.4M | ||
| Q2 25 | $498.3M | $668.3M | ||
| Q1 25 | $426.7M | $436.1M | ||
| Q4 24 | $400.1M | $290.4M | ||
| Q3 24 | $356.9M | $188.1M | ||
| Q2 24 | $367.2M | $95.1M | ||
| Q1 24 | $387.2M | $25.9M |
总资产KTBUI
| Q4 25 | — | $1.6B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.7B | $1.2B |
负债/权益比KTBUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | 2.53× | 0.16× | ||
| Q2 25 | 2.74× | 0.37× | ||
| Q1 25 | 1.72× | 0.78× | ||
| Q4 24 | 1.85× | 1.40× | ||
| Q3 24 | 2.09× | 2.94× | ||
| Q2 24 | 2.04× | 7.45× | ||
| Q1 24 | 2.01× | 33.92× |
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 | $64.1M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $55.8M | $260.3M |
| 自由现金流率自由现金流/营收 | 6.5% | 31.9% |
| 资本支出强度资本支出/营收 | 1.0% | 0.4% |
| 现金转化率经营现金流/净利润 | 1.74× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $228.0M | $699.5M |
8季度趋势，按日历期对齐
经营现金流KTBUI
| Q4 25 | — | $263.9M | ||
| Q3 25 | $64.1M | $198.5M | ||
| Q2 25 | $25.7M | $130.4M | ||
| Q1 25 | $77.6M | $123.6M | ||
| Q4 24 | $82.0M | $152.4M | ||
| Q3 24 | $133.6M | $233.7M | ||
| Q2 24 | $96.2M | $231.4M | ||
| Q1 24 | $56.5M | $163.9M |
自由现金流KTBUI
| Q4 25 | — | $260.3M | ||
| Q3 25 | $55.8M | $193.3M | ||
| Q2 25 | $22.4M | $125.2M | ||
| Q1 25 | $74.9M | $120.7M | ||
| Q4 24 | $75.0M | $150.4M | ||
| Q3 24 | $129.9M | $231.1M | ||
| Q2 24 | $92.6M | $229.5M | ||
| Q1 24 | $52.0M | $160.6M |
自由现金流率KTBUI
| Q4 25 | — | 31.9% | ||
| Q3 25 | 6.5% | 26.3% | ||
| Q2 25 | 3.4% | 16.5% | ||
| Q1 25 | 12.0% | 18.2% | ||
| Q4 24 | 10.7% | 25.1% | ||
| Q3 24 | 19.4% | 42.0% | ||
| Q2 24 | 15.3% | 45.2% | ||
| Q1 24 | 8.2% | 32.6% |
资本支出强度KTBUI
| Q4 25 | — | 0.4% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | 0.5% | 0.7% | ||
| Q1 25 | 0.4% | 0.4% | ||
| Q4 24 | 1.0% | 0.3% | ||
| Q3 24 | 0.6% | 0.5% | ||
| Q2 24 | 0.6% | 0.4% | ||
| Q1 24 | 0.7% | 0.7% |
现金转化率KTBUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | 1.74× | 0.95× | ||
| Q2 25 | 0.35× | 0.49× | ||
| Q1 25 | 1.81× | 0.68× | ||
| Q4 24 | 1.28× | 1.11× | ||
| Q3 24 | 1.89× | 1.83× | ||
| Q2 24 | 1.86× | 2.23× | ||
| Q1 24 | 0.95× | 2.15× |
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
KTB
| International Member | $292.0M | 34% |
| CTC Triangle B.V | $192.7M | 23% |
| Lee Segment | $186.7M | 22% |
| Helly Hansen Segment | $185.9M | 22% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
