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Kenvue（KVUE）与切尼尔能源（LNG）财务数据对比。点击上方公司名可切换其他公司
切尼尔能源的季度营收约是Kenvue的1.4倍（$5.4B vs $3.8B），切尼尔能源净利率更高（42.8% vs 8.7%，领先34.1%），切尼尔能源同比增速更快（20.3% vs 3.2%），切尼尔能源自由现金流更多（$1.3B vs $744.0M），过去两年切尼尔能源的营收复合增速更高（14.3% vs -1.5%）
Kenvue是美国消费者健康企业，前身为强生集团消费者健康业务部门，旗下拥有邦迪、李施德林、露得清、泰诺、强生婴儿、仙特明等诸多知名消费健康品牌，总部现位于美国新泽西州萨米特。
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
KVUE vs LNG — 直观对比
营收规模更大
LNG
是对方的1.4倍
$3.8B
营收增速更快
LNG
高出17.1%
3.2%
净利率更高
LNG
高出34.1%
8.7%
自由现金流更多
LNG
多$567.0M
$744.0M
两年增速更快
LNG
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $5.4B |
| 净利润 | $330.0M | $2.3B |
| 毛利率 | 56.5% | — |
| 营业利润率 | 14.2% | 70.8% |
| 净利率 | 8.7% | 42.8% |
| 营收同比 | 3.2% | 20.3% |
| 净利润同比 | 12.6% | 135.6% |
| 每股收益（稀释后） | $0.16 | $10.51 |
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KVUELNG
| Q4 25 | $3.8B | $5.4B | ||
| Q3 25 | $3.8B | $4.3B | ||
| Q2 25 | $3.8B | $4.5B | ||
| Q1 25 | $3.7B | $5.3B | ||
| Q4 24 | $3.7B | $4.5B | ||
| Q3 24 | $3.9B | $3.7B | ||
| Q2 24 | $4.0B | $3.1B | ||
| Q1 24 | $3.9B | $4.1B |
净利润KVUELNG
| Q4 25 | $330.0M | $2.3B | ||
| Q3 25 | $398.0M | $1.0B | ||
| Q2 25 | $420.0M | $1.6B | ||
| Q1 25 | $322.0M | $353.0M | ||
| Q4 24 | $293.0M | $977.0M | ||
| Q3 24 | $383.0M | $893.0M | ||
| Q2 24 | $58.0M | $880.0M | ||
| Q1 24 | $296.0M | $502.0M |
毛利率KVUELNG
| Q4 25 | 56.5% | — | ||
| Q3 25 | 59.1% | — | ||
| Q2 25 | 58.9% | — | ||
| Q1 25 | 58.0% | — | ||
| Q4 24 | 56.5% | — | ||
| Q3 24 | 58.5% | — | ||
| Q2 24 | 59.1% | — | ||
| Q1 24 | 57.6% | — |
营业利润率KVUELNG
| Q4 25 | 14.2% | 70.8% | ||
| Q3 25 | 16.7% | 42.3% | ||
| Q2 25 | 18.0% | 56.1% | ||
| Q1 25 | 14.9% | 18.2% | ||
| Q4 24 | 13.2% | 38.9% | ||
| Q3 24 | 16.8% | 44.7% | ||
| Q2 24 | 3.9% | 50.5% | ||
| Q1 24 | 14.1% | 28.0% |
净利率KVUELNG
| Q4 25 | 8.7% | 42.8% | ||
| Q3 25 | 10.6% | 24.4% | ||
| Q2 25 | 10.9% | 36.1% | ||
| Q1 25 | 8.6% | 6.7% | ||
| Q4 24 | 8.0% | 21.9% | ||
| Q3 24 | 9.8% | 24.2% | ||
| Q2 24 | 1.5% | 28.0% | ||
| Q1 24 | 7.6% | 12.2% |
每股收益（稀释后）KVUELNG
| Q4 25 | $0.16 | $10.51 | ||
| Q3 25 | $0.21 | $4.75 | ||
| Q2 25 | $0.22 | $7.30 | ||
| Q1 25 | $0.17 | $1.57 | ||
| Q4 24 | $0.16 | $4.30 | ||
| Q3 24 | $0.20 | $3.93 | ||
| Q2 24 | $0.03 | $3.84 | ||
| Q1 24 | $0.15 | $2.13 |
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 | $1.1B | $1.1B |
| 总债务越低越好 | — | $22.5B |
| 股东权益账面价值 | $10.8B | $7.9B |
| 总资产 | $27.1B | $47.9B |
| 负债/权益比越低杠杆越低 | — | 2.84× |
8季度趋势，按日历期对齐
现金及短期投资KVUELNG
| Q4 25 | $1.1B | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.1B | $2.5B | ||
| Q4 24 | $1.1B | $2.6B | ||
| Q3 24 | $1.1B | $2.7B | ||
| Q2 24 | $1.0B | $2.4B | ||
| Q1 24 | $1.2B | $4.4B |
总债务KVUELNG
| Q4 25 | — | $22.5B | ||
| Q3 25 | — | $22.0B | ||
| Q2 25 | — | $22.0B | ||
| Q1 25 | — | $22.5B | ||
| Q4 24 | — | $22.6B | ||
| Q3 24 | — | $22.5B | ||
| Q2 24 | — | $22.6B | ||
| Q1 24 | — | $21.4B |
股东权益KVUELNG
| Q4 25 | $10.8B | $7.9B | ||
| Q3 25 | $10.6B | $6.7B | ||
| Q2 25 | $10.7B | $6.7B | ||
| Q1 25 | $10.1B | $5.6B | ||
| Q4 24 | $9.7B | $5.7B | ||
| Q3 24 | $10.6B | $5.1B | ||
| Q2 24 | $10.2B | $4.5B | ||
| Q1 24 | $10.6B | $4.3B |
总资产KVUELNG
| Q4 25 | $27.1B | $47.9B | ||
| Q3 25 | $27.2B | $45.1B | ||
| Q2 25 | $27.1B | $44.6B | ||
| Q1 25 | $26.3B | $43.5B | ||
| Q4 24 | $25.6B | $43.9B | ||
| Q3 24 | $26.9B | $43.1B | ||
| Q2 24 | $26.4B | $42.3B | ||
| Q1 24 | $27.3B | $42.9B |
负债/权益比KVUELNG
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 3.25× | ||
| Q2 25 | — | 3.28× | ||
| Q1 25 | — | 4.03× | ||
| Q4 24 | — | 3.96× | ||
| Q3 24 | — | 4.42× | ||
| Q2 24 | — | 5.06× | ||
| Q1 24 | — | 5.04× |
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 | $854.0M | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $744.0M | $1.3B |
| 自由现金流率自由现金流/营收 | 19.7% | 24.4% |
| 资本支出强度资本支出/营收 | 2.9% | 13.8% |
| 现金转化率经营现金流/净利润 | 2.59× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $2.5B |
8季度趋势，按日历期对齐
经营现金流KVUELNG
| Q4 25 | $854.0M | $2.1B | ||
| Q3 25 | $294.0M | $1.4B | ||
| Q2 25 | $621.0M | $831.0M | ||
| Q1 25 | $428.0M | $1.2B | ||
| Q4 24 | $793.0M | $1.6B | ||
| Q3 24 | $249.0M | $1.4B | ||
| Q2 24 | $440.0M | $1.1B | ||
| Q1 24 | $287.0M | $1.2B |
自由现金流KVUELNG
| Q4 25 | $744.0M | $1.3B | ||
| Q3 25 | $196.0M | $738.0M | ||
| Q2 25 | $533.0M | $-193.0M | ||
| Q1 25 | $249.0M | $605.0M | ||
| Q4 24 | $661.0M | $1.1B | ||
| Q3 24 | $190.0M | $875.0M | ||
| Q2 24 | $350.0M | $613.0M | ||
| Q1 24 | $134.0M | $596.0M |
自由现金流率KVUELNG
| Q4 25 | 19.7% | 24.4% | ||
| Q3 25 | 5.2% | 17.2% | ||
| Q2 25 | 13.9% | -4.3% | ||
| Q1 25 | 6.7% | 11.4% | ||
| Q4 24 | 18.1% | 24.0% | ||
| Q3 24 | 4.9% | 23.8% | ||
| Q2 24 | 8.8% | 19.5% | ||
| Q1 24 | 3.4% | 14.5% |
资本支出强度KVUELNG
| Q4 25 | 2.9% | 13.8% | ||
| Q3 25 | 2.6% | 16.0% | ||
| Q2 25 | 2.3% | 22.7% | ||
| Q1 25 | 4.8% | 11.8% | ||
| Q4 24 | 3.6% | 12.7% | ||
| Q3 24 | 1.5% | 14.0% | ||
| Q2 24 | 2.3% | 16.0% | ||
| Q1 24 | 3.9% | 15.8% |
现金转化率KVUELNG
| Q4 25 | 2.59× | 0.89× | ||
| Q3 25 | 0.74× | 1.36× | ||
| Q2 25 | 1.48× | 0.51× | ||
| Q1 25 | 1.33× | 3.48× | ||
| Q4 24 | 2.71× | 1.68× | ||
| Q3 24 | 0.65× | 1.56× | ||
| Q2 24 | 7.59× | 1.27× | ||
| Q1 24 | 0.97× | 2.48× |
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
KVUE
| Self Care | $1.6B | 42% |
| Essential Health | $1.1B | 30% |
| Skin Health And Beauty | $1.0B | 28% |
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
