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TJX Companies（TJX）与WORLD KINECT CORP（WKC）财务数据对比。点击上方公司名可切换其他公司
TJX Companies的季度营收约是WORLD KINECT CORP的1.6倍（$15.1B vs $9.7B），TJX Companies净利率更高（9.5% vs -0.0%，领先9.5%），TJX Companies同比增速更快（7.5% vs 2.0%），TJX Companies自由现金流更多（$1.0B vs $-60.2M），过去两年TJX Companies的营收复合增速更高（-4.0% vs -6.0%）
TJX Companies是美国跨国折扣百货零售集团，总部位于马萨诸塞州弗雷明汉。1987年作为Zayre集团的子公司成立，1989年完成企业重组后成为Zayre集团的法定承继主体，是全球折扣零售行业的领先企业，业务布局覆盖全球多个主要市场。
世界科耐特公司（原世界燃料服务公司）是一家总部位于美国佛罗里达州多拉市的能源大宗商品服务企业，在2022年财富美国500强榜单中排名第70位。公司核心业务涵盖航空、海运、建筑及陆路运输领域能源大宗商品的销售、交易与融资及相关服务，2013年起也开展天然气与电力相关业务。
TJX vs WKC — 直观对比
营收规模更大
TJX
是对方的1.6倍
$9.7B
营收增速更快
TJX
高出5.5%
2.0%
净利率更高
TJX
高出9.5%
-0.0%
自由现金流更多
TJX
多$1.1B
$-60.2M
两年增速更快
TJX
近两年复合增速
-6.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $15.1B | $9.7B |
| 净利润 | $1.4B | $-700.0K |
| 毛利率 | 32.6% | 2.8% |
| 营业利润率 | — | — |
| 净利率 | 9.5% | -0.0% |
| 营收同比 | 7.5% | 2.0% |
| 净利润同比 | 11.2% | -250.0% |
| 每股收益（稀释后） | $1.28 | $0.50 |
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TJXWKC
| Q1 26 | — | $9.7B | ||
| Q4 25 | $15.1B | $9.0B | ||
| Q3 25 | $14.4B | $9.4B | ||
| Q2 25 | $13.1B | $9.0B | ||
| Q1 25 | $16.4B | $9.5B | ||
| Q4 24 | $14.1B | $9.8B | ||
| Q3 24 | $13.5B | $10.5B | ||
| Q2 24 | $12.5B | $11.0B |
净利润TJXWKC
| Q1 26 | — | $-700.0K | ||
| Q4 25 | $1.4B | $-279.6M | ||
| Q3 25 | $1.2B | $25.7M | ||
| Q2 25 | $1.0B | $-339.4M | ||
| Q1 25 | $1.4B | $-21.1M | ||
| Q4 24 | $1.3B | $-101.8M | ||
| Q3 24 | $1.1B | $33.5M | ||
| Q2 24 | $1.1B | $108.3M |
毛利率TJXWKC
| Q1 26 | — | 2.8% | ||
| Q4 25 | 32.6% | 2.6% | ||
| Q3 25 | 30.7% | 2.7% | ||
| Q2 25 | 29.5% | 2.6% | ||
| Q1 25 | 30.5% | 2.4% | ||
| Q4 24 | 31.6% | 2.7% | ||
| Q3 24 | 30.4% | 2.6% | ||
| Q2 24 | 30.0% | 2.2% |
营业利润率TJXWKC
| Q1 26 | — | — | ||
| Q4 25 | — | -3.1% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | -3.8% | ||
| Q1 25 | 11.6% | -0.1% | ||
| Q4 24 | 12.3% | 0.3% | ||
| Q3 24 | 10.9% | 0.7% | ||
| Q2 24 | 11.1% | 0.4% |
净利率TJXWKC
| Q1 26 | — | -0.0% | ||
| Q4 25 | 9.5% | -3.1% | ||
| Q3 25 | 8.6% | 0.3% | ||
| Q2 25 | 7.9% | -3.8% | ||
| Q1 25 | 8.6% | -0.2% | ||
| Q4 24 | 9.2% | -1.0% | ||
| Q3 24 | 8.2% | 0.3% | ||
| Q2 24 | 8.6% | 1.0% |
每股收益（稀释后）TJXWKC
| Q1 26 | — | $0.50 | ||
| Q4 25 | $1.28 | $-5.02 | ||
| Q3 25 | $1.10 | $0.46 | ||
| Q2 25 | $0.92 | $-6.06 | ||
| Q1 25 | $1.23 | $-0.37 | ||
| Q4 24 | $1.14 | $-1.70 | ||
| Q3 24 | $0.96 | $0.57 | ||
| Q2 24 | $0.93 | $1.81 |
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 | $4.6B | $151.1M |
| 总债务越低越好 | — | $798.7M |
| 股东权益账面价值 | $9.4B | $1.2B |
| 总资产 | $35.2B | $6.8B |
| 负债/权益比越低杠杆越低 | — | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资TJXWKC
| Q1 26 | — | $151.1M | ||
| Q4 25 | $4.6B | $193.5M | ||
| Q3 25 | $4.6B | $473.6M | ||
| Q2 25 | $4.3B | $403.2M | ||
| Q1 25 | $5.3B | $456.4M | ||
| Q4 24 | $4.7B | $382.9M | ||
| Q3 24 | $5.3B | $373.8M | ||
| Q2 24 | $5.1B | $524.6M |
总债务TJXWKC
| Q1 26 | — | $798.7M | ||
| Q4 25 | — | $685.2M | ||
| Q3 25 | — | $766.6M | ||
| Q2 25 | — | $775.2M | ||
| Q1 25 | — | $792.3M | ||
| Q4 24 | — | $796.8M | ||
| Q3 24 | — | $798.0M | ||
| Q2 24 | — | $797.8M |
股东权益TJXWKC
| Q1 26 | — | $1.2B | ||
| Q4 25 | $9.4B | $1.3B | ||
| Q3 25 | $8.9B | $1.6B | ||
| Q2 25 | $8.5B | $1.6B | ||
| Q1 25 | $8.4B | $1.9B | ||
| Q4 24 | $8.2B | $1.9B | ||
| Q3 24 | $7.8B | $2.0B | ||
| Q2 24 | $7.5B | $2.0B |
总资产TJXWKC
| Q1 26 | — | $6.8B | ||
| Q4 25 | $35.2B | $5.9B | ||
| Q3 25 | $32.9B | $6.1B | ||
| Q2 25 | $31.9B | $6.1B | ||
| Q1 25 | $31.7B | $6.6B | ||
| Q4 24 | $32.4B | $6.7B | ||
| Q3 24 | $30.6B | $7.0B | ||
| Q2 24 | $29.7B | $7.2B |
负债/权益比TJXWKC
| Q1 26 | — | 0.66× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× |
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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $-60.2M |
| 自由现金流率自由现金流/营收 | 6.6% | -0.6% |
| 资本支出强度资本支出/营收 | 3.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.06× | — |
| 过去12个月自由现金流最近4个季度 | $4.4B | $67.9M |
8季度趋势，按日历期对齐
经营现金流TJXWKC
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $34.2M | ||
| Q3 25 | $1.8B | $116.1M | ||
| Q2 25 | $394.0M | $28.2M | ||
| Q1 25 | $2.7B | $114.4M | ||
| Q4 24 | $1.0B | $120.3M | ||
| Q3 24 | $1.6B | $-38.5M | ||
| Q2 24 | $737.0M | $67.9M |
自由现金流TJXWKC
| Q1 26 | — | $-60.2M | ||
| Q4 25 | $1.0B | $12.9M | ||
| Q3 25 | $1.3B | $102.0M | ||
| Q2 25 | $-103.0M | $13.2M | ||
| Q1 25 | $2.2B | $99.2M | ||
| Q4 24 | $624.0M | $102.4M | ||
| Q3 24 | $1.1B | $-56.7M | ||
| Q2 24 | $318.0M | $53.3M |
自由现金流率TJXWKC
| Q1 26 | — | -0.6% | ||
| Q4 25 | 6.6% | 0.1% | ||
| Q3 25 | 9.2% | 1.1% | ||
| Q2 25 | -0.8% | 0.1% | ||
| Q1 25 | 13.4% | 1.0% | ||
| Q4 24 | 4.4% | 1.0% | ||
| Q3 24 | 7.9% | -0.5% | ||
| Q2 24 | 2.5% | 0.5% |
资本支出强度TJXWKC
| Q1 26 | — | 0.1% | ||
| Q4 25 | 3.5% | 0.2% | ||
| Q3 25 | 3.2% | 0.2% | ||
| Q2 25 | 3.8% | 0.2% | ||
| Q1 25 | 3.1% | 0.2% | ||
| Q4 24 | 3.0% | 0.2% | ||
| Q3 24 | 4.2% | 0.2% | ||
| Q2 24 | 3.4% | 0.1% |
现金转化率TJXWKC
| Q1 26 | — | — | ||
| Q4 25 | 1.06× | — | ||
| Q3 25 | 1.44× | 4.52× | ||
| Q2 25 | 0.38× | — | ||
| Q1 25 | 1.93× | — | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 1.48× | -1.15× | ||
| Q2 24 | 0.69× | 0.63× |
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
TJX
| Marmaxx | $9.0B | 60% |
| Home Goods | $2.5B | 17% |
| TJX International | $2.0B | 14% |
| Tjx Canada | $1.5B | 10% |
WKC
| Aviation segment | $5.0B | 52% |
| Land segment | $2.9B | 30% |
| Marine segment | $1.9B | 20% |
