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Alarm.com Holdings, Inc.（ALRM）与CSW INDUSTRIALS, INC.（CSW）财务数据对比。点击上方公司名可切换其他公司
Alarm.com Holdings, Inc.的季度营收约是CSW INDUSTRIALS, INC.的1.1倍（$261.7M vs $233.0M），Alarm.com Holdings, Inc.净利率更高（13.2% vs 4.4%，领先8.8%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 8.0%），Alarm.com Holdings, Inc.自由现金流更多（$35.1M vs $22.7M），过去两年Alarm.com Holdings, Inc.的营收复合增速更高（8.3% vs 5.1%）
Alarm.com Holdings, Inc.是一家美国科技企业，成立于2000年，由微策略公司分拆而来，总部位于弗吉尼亚州泰森斯。公司主营云服务，为用户提供远程控制、智能家居及报警监测相关解决方案，是家庭智能安防领域的重要服务商。
ALRM vs CSW — 直观对比
营收规模更大
ALRM
是对方的1.1倍
$233.0M
营收增速更快
CSW
高出12.3%
8.0%
净利率更高
ALRM
高出8.8%
4.4%
自由现金流更多
ALRM
多$12.3M
$22.7M
两年增速更快
ALRM
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $233.0M |
| 净利润 | $34.6M | $10.3M |
| 毛利率 | 66.0% | 39.7% |
| 营业利润率 | 13.4% | 7.4% |
| 净利率 | 13.2% | 4.4% |
| 营收同比 | 8.0% | 20.3% |
| 净利润同比 | 14.8% | -61.9% |
| 每股收益（稀释后） | $0.66 | $0.62 |
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ALRMCSW
| Q4 25 | $261.7M | $233.0M | ||
| Q3 25 | $256.4M | $277.0M | ||
| Q2 25 | $254.3M | $263.6M | ||
| Q1 25 | $238.8M | $230.5M | ||
| Q4 24 | $242.2M | $193.6M | ||
| Q3 24 | $240.5M | $227.9M | ||
| Q2 24 | $233.8M | $226.2M | ||
| Q1 24 | $223.3M | $210.9M |
净利润ALRMCSW
| Q4 25 | $34.6M | $10.3M | ||
| Q3 25 | $35.1M | $40.7M | ||
| Q2 25 | $34.2M | $40.9M | ||
| Q1 25 | $27.7M | $35.1M | ||
| Q4 24 | $30.1M | $26.9M | ||
| Q3 24 | $36.7M | $36.1M | ||
| Q2 24 | $33.5M | $38.6M | ||
| Q1 24 | $23.6M | $31.8M |
毛利率ALRMCSW
| Q4 25 | 66.0% | 39.7% | ||
| Q3 25 | 65.8% | 43.0% | ||
| Q2 25 | 65.6% | 43.8% | ||
| Q1 25 | 67.2% | 44.2% | ||
| Q4 24 | 65.5% | 41.4% | ||
| Q3 24 | 64.8% | 45.6% | ||
| Q2 24 | 65.2% | 47.5% | ||
| Q1 24 | 65.7% | 44.4% |
营业利润率ALRMCSW
| Q4 25 | 13.4% | 7.4% | ||
| Q3 25 | 14.4% | 20.5% | ||
| Q2 25 | 12.6% | 20.8% | ||
| Q1 25 | 12.4% | 19.5% | ||
| Q4 24 | 12.7% | 15.3% | ||
| Q3 24 | 13.8% | 22.6% | ||
| Q2 24 | 11.0% | 24.3% | ||
| Q1 24 | 8.4% | 21.0% |
净利率ALRMCSW
| Q4 25 | 13.2% | 4.4% | ||
| Q3 25 | 13.7% | 14.7% | ||
| Q2 25 | 13.5% | 15.5% | ||
| Q1 25 | 11.6% | 15.2% | ||
| Q4 24 | 12.4% | 13.9% | ||
| Q3 24 | 15.3% | 15.8% | ||
| Q2 24 | 14.3% | 17.1% | ||
| Q1 24 | 10.6% | 15.1% |
每股收益（稀释后）ALRMCSW
| Q4 25 | $0.66 | $0.62 | ||
| Q3 25 | $0.65 | $2.41 | ||
| Q2 25 | $0.63 | $2.43 | ||
| Q1 25 | $0.52 | $2.05 | ||
| Q4 24 | $0.56 | $1.60 | ||
| Q3 24 | $0.67 | $2.26 | ||
| Q2 24 | $0.62 | $2.47 | ||
| Q1 24 | $0.44 | $2.03 |
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 | $960.6M | $40.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $848.2M | $1.1B |
| 总资产 | $2.1B | $2.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALRMCSW
| Q4 25 | $960.6M | $40.2M | ||
| Q3 25 | $1.1B | $31.5M | ||
| Q2 25 | $1.0B | $38.0M | ||
| Q1 25 | $1.2B | $225.8M | ||
| Q4 24 | $1.2B | $213.8M | ||
| Q3 24 | $1.2B | $273.2M | ||
| Q2 24 | $1.1B | $18.9M | ||
| Q1 24 | $747.9M | $22.2M |
总债务ALRMCSW
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $800.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $166.0M |
股东权益ALRMCSW
| Q4 25 | $848.2M | $1.1B | ||
| Q3 25 | $827.2M | $1.1B | ||
| Q2 25 | $797.3M | $1.1B | ||
| Q1 25 | $759.6M | $1.1B | ||
| Q4 24 | $726.5M | $1.0B | ||
| Q3 24 | $690.3M | $1.0B | ||
| Q2 24 | $645.5M | $650.2M | ||
| Q1 24 | $728.1M | $615.7M |
总资产ALRMCSW
| Q4 25 | $2.1B | $2.3B | ||
| Q3 25 | $2.1B | $1.5B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
负债/权益比ALRMCSW
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.27× |
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 | $35.9M | $28.9M |
| 自由现金流经营现金流 - 资本支出 | $35.1M | $22.7M |
| 自由现金流率自由现金流/营收 | 13.4% | 9.8% |
| 资本支出强度资本支出/营收 | 0.3% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.04× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $137.0M | $162.0M |
8季度趋势，按日历期对齐
经营现金流ALRMCSW
| Q4 25 | $35.9M | $28.9M | ||
| Q3 25 | $70.6M | $61.8M | ||
| Q2 25 | $22.7M | $60.6M | ||
| Q1 25 | $24.1M | $27.3M | ||
| Q4 24 | $56.3M | $11.6M | ||
| Q3 24 | $77.3M | $66.8M | ||
| Q2 24 | $23.0M | $62.7M | ||
| Q1 24 | $49.9M | $22.4M |
自由现金流ALRMCSW
| Q4 25 | $35.1M | $22.7M | ||
| Q3 25 | $65.9M | $58.7M | ||
| Q2 25 | $18.2M | $57.7M | ||
| Q1 25 | $17.9M | $22.8M | ||
| Q4 24 | $54.0M | $8.5M | ||
| Q3 24 | $74.5M | $61.3M | ||
| Q2 24 | $21.0M | $59.6M | ||
| Q1 24 | $46.8M | $17.5M |
自由现金流率ALRMCSW
| Q4 25 | 13.4% | 9.8% | ||
| Q3 25 | 25.7% | 21.2% | ||
| Q2 25 | 7.1% | 21.9% | ||
| Q1 25 | 7.5% | 9.9% | ||
| Q4 24 | 22.3% | 4.4% | ||
| Q3 24 | 31.0% | 26.9% | ||
| Q2 24 | 9.0% | 26.3% | ||
| Q1 24 | 21.0% | 8.3% |
资本支出强度ALRMCSW
| Q4 25 | 0.3% | 2.6% | ||
| Q3 25 | 1.9% | 1.1% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 2.6% | 2.0% | ||
| Q4 24 | 0.9% | 1.6% | ||
| Q3 24 | 1.2% | 2.4% | ||
| Q2 24 | 0.9% | 1.4% | ||
| Q1 24 | 1.4% | 2.3% |
现金转化率ALRMCSW
| Q4 25 | 1.04× | 2.81× | ||
| Q3 25 | 2.01× | 1.52× | ||
| Q2 25 | 0.66× | 1.48× | ||
| Q1 25 | 0.87× | 0.78× | ||
| Q4 24 | 1.87× | 0.43× | ||
| Q3 24 | 2.11× | 1.85× | ||
| Q2 24 | 0.69× | 1.62× | ||
| Q1 24 | 2.11× | 0.71× |
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
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
