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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $168.3M, roughly 1.4× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 4.4%, a 20.9% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $22.7M). Over the past eight quarters, CSW INDUSTRIALS, INC.'s revenue compounded faster (5.1% CAGR vs 4.9%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

CSW vs PRK — Head-to-Head

Bigger by revenue
CSW
CSW
1.4× larger
CSW
$233.0M
$168.3M
PRK
Growing faster (revenue YoY)
CSW
CSW
+18.1% gap
CSW
20.3%
2.2%
PRK
Higher net margin
PRK
PRK
20.9% more per $
PRK
25.3%
4.4%
CSW
More free cash flow
PRK
PRK
$169.2M more FCF
PRK
$191.9M
$22.7M
CSW
Faster 2-yr revenue CAGR
CSW
CSW
Annualised
CSW
5.1%
4.9%
PRK

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CSW
CSW
PRK
PRK
Revenue
$233.0M
$168.3M
Net Profit
$10.3M
$42.6M
Gross Margin
39.7%
Operating Margin
7.4%
Net Margin
4.4%
25.3%
Revenue YoY
20.3%
2.2%
Net Profit YoY
-61.9%
10.4%
EPS (diluted)
$0.62
$2.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSW
CSW
PRK
PRK
Q4 25
$233.0M
$168.3M
Q3 25
$277.0M
$169.5M
Q2 25
$263.6M
$168.7M
Q1 25
$230.5M
$157.9M
Q4 24
$193.6M
$164.7M
Q3 24
$227.9M
$170.3M
Q2 24
$226.2M
$157.7M
Q1 24
$210.9M
$152.8M
Net Profit
CSW
CSW
PRK
PRK
Q4 25
$10.3M
$42.6M
Q3 25
$40.7M
$47.2M
Q2 25
$40.9M
$48.1M
Q1 25
$35.1M
$42.2M
Q4 24
$26.9M
$38.6M
Q3 24
$36.1M
$38.2M
Q2 24
$38.6M
$39.4M
Q1 24
$31.8M
$35.2M
Gross Margin
CSW
CSW
PRK
PRK
Q4 25
39.7%
Q3 25
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
CSW
CSW
PRK
PRK
Q4 25
7.4%
Q3 25
20.5%
34.3%
Q2 25
20.8%
35.2%
Q1 25
19.5%
32.4%
Q4 24
15.3%
Q3 24
22.6%
27.4%
Q2 24
24.3%
30.6%
Q1 24
21.0%
27.8%
Net Margin
CSW
CSW
PRK
PRK
Q4 25
4.4%
25.3%
Q3 25
14.7%
27.8%
Q2 25
15.5%
28.5%
Q1 25
15.2%
26.7%
Q4 24
13.9%
23.5%
Q3 24
15.8%
22.4%
Q2 24
17.1%
25.0%
Q1 24
15.1%
23.0%
EPS (diluted)
CSW
CSW
PRK
PRK
Q4 25
$0.62
$2.62
Q3 25
$2.41
$2.92
Q2 25
$2.43
$2.97
Q1 25
$2.05
$2.60
Q4 24
$1.60
$2.38
Q3 24
$2.26
$2.35
Q2 24
$2.47
$2.42
Q1 24
$2.03
$2.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSW
CSW
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$40.2M
$233.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$1.4B
Total Assets
$2.3B
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
PRK
PRK
Q4 25
$40.2M
$233.5M
Q3 25
$31.5M
$218.9M
Q2 25
$38.0M
$193.1M
Q1 25
$225.8M
$237.6M
Q4 24
$213.8M
$160.6M
Q3 24
$273.2M
$201.7M
Q2 24
$18.9M
$261.5M
Q1 24
$22.2M
$306.1M
Total Debt
CSW
CSW
PRK
PRK
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
CSW
CSW
PRK
PRK
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.3B
Q2 25
$1.1B
$1.3B
Q1 25
$1.1B
$1.3B
Q4 24
$1.0B
$1.2B
Q3 24
$1.0B
$1.2B
Q2 24
$650.2M
$1.2B
Q1 24
$615.7M
$1.2B
Total Assets
CSW
CSW
PRK
PRK
Q4 25
$2.3B
$9.8B
Q3 25
$1.5B
$9.9B
Q2 25
$1.5B
$9.9B
Q1 25
$1.4B
$9.9B
Q4 24
$1.4B
$9.8B
Q3 24
$1.4B
$9.9B
Q2 24
$1.1B
$9.9B
Q1 24
$1.0B
$9.9B
Debt / Equity
CSW
CSW
PRK
PRK
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSW
CSW
PRK
PRK
Operating Cash FlowLast quarter
$28.9M
$198.3M
Free Cash FlowOCF − Capex
$22.7M
$191.9M
FCF MarginFCF / Revenue
9.8%
114.1%
Capex IntensityCapex / Revenue
2.6%
3.8%
Cash ConversionOCF / Net Profit
2.81×
4.65×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
PRK
PRK
Q4 25
$28.9M
$198.3M
Q3 25
$61.8M
$52.6M
Q2 25
$60.6M
$49.7M
Q1 25
$27.3M
$37.9M
Q4 24
$11.6M
$178.8M
Q3 24
$66.8M
$43.8M
Q2 24
$62.7M
$50.9M
Q1 24
$22.4M
$35.0M
Free Cash Flow
CSW
CSW
PRK
PRK
Q4 25
$22.7M
$191.9M
Q3 25
$58.7M
$51.1M
Q2 25
$57.7M
$48.4M
Q1 25
$22.8M
$36.8M
Q4 24
$8.5M
$169.7M
Q3 24
$61.3M
$41.7M
Q2 24
$59.6M
$49.0M
Q1 24
$17.5M
$31.9M
FCF Margin
CSW
CSW
PRK
PRK
Q4 25
9.8%
114.1%
Q3 25
21.2%
30.1%
Q2 25
21.9%
28.7%
Q1 25
9.9%
23.3%
Q4 24
4.4%
103.0%
Q3 24
26.9%
24.5%
Q2 24
26.3%
31.1%
Q1 24
8.3%
20.8%
Capex Intensity
CSW
CSW
PRK
PRK
Q4 25
2.6%
3.8%
Q3 25
1.1%
0.9%
Q2 25
1.1%
0.8%
Q1 25
2.0%
0.7%
Q4 24
1.6%
5.6%
Q3 24
2.4%
1.2%
Q2 24
1.4%
1.2%
Q1 24
2.3%
2.1%
Cash Conversion
CSW
CSW
PRK
PRK
Q4 25
2.81×
4.65×
Q3 25
1.52×
1.11×
Q2 25
1.48×
1.03×
Q1 25
0.78×
0.90×
Q4 24
0.43×
4.63×
Q3 24
1.85×
1.14×
Q2 24
1.62×
1.29×
Q1 24
0.71×
0.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

PRK
PRK

Segment breakdown not available.

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