vs
US Foods Holding Corp.（USFD）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
US Foods Holding Corp.的季度营收约是WORLD KINECT CORP的1.0倍（$9.8B vs $9.7B），US Foods Holding Corp.净利率更高（1.9% vs -0.0%，领先1.9%），US Foods Holding Corp.同比增速更快（3.3% vs 2.0%），US Foods Holding Corp.自由现金流更多（$159.0M vs $-60.2M），过去两年US Foods Holding Corp.的营收复合增速更高（4.6% vs -6.0%）
US Foods Holding Corp.是美国第二大食品服务分销商，规模仅次于Sysco。公司服务覆盖独立餐厅、连锁餐饮、医疗保健、酒店、教育机构等共计25万个场点，为各类客户提供食品配送及相关供应链服务，业务覆盖场景十分多元。
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。
USFD vs WKC — 直观对比
营收规模更大
USFD
是对方的1.0倍
$9.7B
营收增速更快
USFD
高出1.3%
2.0%
净利率更高
USFD
高出1.9%
-0.0%
自由现金流更多
USFD
多$219.2M
$-60.2M
两年增速更快
USFD
近两年复合增速
-6.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.8B | $9.7B |
| 净利润 | $184.0M | $-700.0K |
| 毛利率 | 17.6% | 2.8% |
| 营业利润率 | 3.3% | — |
| 净利率 | 1.9% | -0.0% |
| 营收同比 | 3.3% | 2.0% |
| 净利润同比 | 178.8% | -250.0% |
| 每股收益（稀释后） | $0.82 | $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USFDWKC
| Q1 26 | — | $9.7B | ||
| Q4 25 | $9.8B | $9.0B | ||
| Q3 25 | $10.2B | $9.4B | ||
| Q2 25 | $10.1B | $9.0B | ||
| Q1 25 | $9.4B | $9.5B | ||
| Q4 24 | $9.5B | $9.8B | ||
| Q3 24 | $9.7B | $10.5B | ||
| Q2 24 | $9.7B | $11.0B |
净利润USFDWKC
| Q1 26 | — | $-700.0K | ||
| Q4 25 | $184.0M | $-279.6M | ||
| Q3 25 | $153.0M | $25.7M | ||
| Q2 25 | $224.0M | $-339.4M | ||
| Q1 25 | $115.0M | $-21.1M | ||
| Q4 24 | $66.0M | $-101.8M | ||
| Q3 24 | $148.0M | $33.5M | ||
| Q2 24 | $198.0M | $108.3M |
毛利率USFDWKC
| Q1 26 | — | 2.8% | ||
| Q4 25 | 17.6% | 2.6% | ||
| Q3 25 | 17.2% | 2.7% | ||
| Q2 25 | 17.6% | 2.6% | ||
| Q1 25 | 17.3% | 2.4% | ||
| Q4 24 | 17.6% | 2.7% | ||
| Q3 24 | 17.1% | 2.6% | ||
| Q2 24 | 17.6% | 2.2% |
营业利润率USFDWKC
| Q1 26 | — | — | ||
| Q4 25 | 3.3% | -3.1% | ||
| Q3 25 | 2.8% | 0.7% | ||
| Q2 25 | 3.7% | -3.8% | ||
| Q1 25 | 2.4% | -0.1% | ||
| Q4 24 | 3.2% | 0.3% | ||
| Q3 24 | 2.9% | 0.7% | ||
| Q2 24 | 3.6% | 0.4% |
净利率USFDWKC
| Q1 26 | — | -0.0% | ||
| Q4 25 | 1.9% | -3.1% | ||
| Q3 25 | 1.5% | 0.3% | ||
| Q2 25 | 2.2% | -3.8% | ||
| Q1 25 | 1.2% | -0.2% | ||
| Q4 24 | 0.7% | -1.0% | ||
| Q3 24 | 1.5% | 0.3% | ||
| Q2 24 | 2.0% | 1.0% |
每股收益（稀释后）USFDWKC
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.82 | $-5.02 | ||
| Q3 25 | $0.67 | $0.46 | ||
| Q2 25 | $0.96 | $-6.06 | ||
| Q1 25 | $0.49 | $-0.37 | ||
| Q4 24 | $0.28 | $-1.70 | ||
| Q3 24 | $0.61 | $0.57 | ||
| Q2 24 | $0.80 | $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 | $41.0M | $151.1M |
| 总债务越低越好 | $5.1B | $798.7M |
| 股东权益账面价值 | $4.3B | $1.2B |
| 总资产 | $13.9B | $6.8B |
| 负债/权益比越低杠杆越低 | 1.18× | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资USFDWKC
| Q1 26 | — | $151.1M | ||
| Q4 25 | $41.0M | $193.5M | ||
| Q3 25 | $56.0M | $473.6M | ||
| Q2 25 | $61.0M | $403.2M | ||
| Q1 25 | $101.0M | $456.4M | ||
| Q4 24 | $59.0M | $382.9M | ||
| Q3 24 | $81.0M | $373.8M | ||
| Q2 24 | $405.0M | $524.6M |
总债务USFDWKC
| Q1 26 | — | $798.7M | ||
| Q4 25 | $5.1B | $685.2M | ||
| Q3 25 | $4.8B | $766.6M | ||
| Q2 25 | $4.7B | $775.2M | ||
| Q1 25 | $4.7B | $792.3M | ||
| Q4 24 | $4.8B | $796.8M | ||
| Q3 24 | $4.7B | $798.0M | ||
| Q2 24 | $4.6B | $797.8M |
股东权益USFDWKC
| Q1 26 | — | $1.2B | ||
| Q4 25 | $4.3B | $1.3B | ||
| Q3 25 | $4.5B | $1.6B | ||
| Q2 25 | $4.6B | $1.6B | ||
| Q1 25 | $4.6B | $1.9B | ||
| Q4 24 | $4.5B | $1.9B | ||
| Q3 24 | $4.6B | $2.0B | ||
| Q2 24 | $5.0B | $2.0B |
总资产USFDWKC
| Q1 26 | — | $6.8B | ||
| Q4 25 | $13.9B | $5.9B | ||
| Q3 25 | $14.0B | $6.1B | ||
| Q2 25 | $13.8B | $6.1B | ||
| Q1 25 | $13.7B | $6.6B | ||
| Q4 24 | $13.4B | $6.7B | ||
| Q3 24 | $13.5B | $7.0B | ||
| Q2 24 | $13.7B | $7.2B |
负债/权益比USFDWKC
| Q1 26 | — | 0.66× | ||
| Q4 25 | 1.18× | 0.53× | ||
| Q3 25 | 1.08× | 0.47× | ||
| Q2 25 | 1.02× | 0.48× | ||
| Q1 25 | 1.02× | 0.41× | ||
| Q4 24 | 1.06× | 0.41× | ||
| Q3 24 | 1.01× | 0.39× | ||
| Q2 24 | 0.92× | 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 | $293.0M | — |
| 自由现金流经营现金流 - 资本支出 | $159.0M | $-60.2M |
| 自由现金流率自由现金流/营收 | 1.6% | -0.6% |
| 资本支出强度资本支出/营收 | 1.4% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.59× | — |
| 过去12个月自由现金流最近4个季度 | $959.0M | $67.9M |
8季度趋势，按日历期对齐
经营现金流USFDWKC
| Q1 26 | — | — | ||
| Q4 25 | $293.0M | $34.2M | ||
| Q3 25 | $351.0M | $116.1M | ||
| Q2 25 | $334.0M | $28.2M | ||
| Q1 25 | $391.0M | $114.4M | ||
| Q4 24 | $283.0M | $120.3M | ||
| Q3 24 | $270.0M | $-38.5M | ||
| Q2 24 | $482.0M | $67.9M |
自由现金流USFDWKC
| Q1 26 | — | $-60.2M | ||
| Q4 25 | $159.0M | $12.9M | ||
| Q3 25 | $236.0M | $102.0M | ||
| Q2 25 | $257.0M | $13.2M | ||
| Q1 25 | $307.0M | $99.2M | ||
| Q4 24 | $178.0M | $102.4M | ||
| Q3 24 | $190.0M | $-56.7M | ||
| Q2 24 | $413.0M | $53.3M |
自由现金流率USFDWKC
| Q1 26 | — | -0.6% | ||
| Q4 25 | 1.6% | 0.1% | ||
| Q3 25 | 2.3% | 1.1% | ||
| Q2 25 | 2.5% | 0.1% | ||
| Q1 25 | 3.3% | 1.0% | ||
| Q4 24 | 1.9% | 1.0% | ||
| Q3 24 | 2.0% | -0.5% | ||
| Q2 24 | 4.3% | 0.5% |
资本支出强度USFDWKC
| Q1 26 | — | 0.1% | ||
| Q4 25 | 1.4% | 0.2% | ||
| Q3 25 | 1.1% | 0.2% | ||
| Q2 25 | 0.8% | 0.2% | ||
| Q1 25 | 0.9% | 0.2% | ||
| Q4 24 | 1.1% | 0.2% | ||
| Q3 24 | 0.8% | 0.2% | ||
| Q2 24 | 0.7% | 0.1% |
现金转化率USFDWKC
| Q1 26 | — | — | ||
| Q4 25 | 1.59× | — | ||
| Q3 25 | 2.29× | 4.52× | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 3.40× | — | ||
| Q4 24 | 4.29× | — | ||
| Q3 24 | 1.82× | -1.15× | ||
| Q2 24 | 2.43× | 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
USFD
| Product One | $3.5B | 36% |
| Product Two | $1.7B | 17% |
| Product Three | $1.7B | 17% |
| Product Four | $985.0M | 10% |
| Product Five | $901.0M | 9% |
| Product Six | $580.0M | 6% |
| Product Seven | $485.0M | 5% |
WKC
| Aviation segment | $5.0B | 52% |
| Land segment | $2.9B | 30% |
| Marine segment | $1.9B | 20% |
