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Artisan Partners Asset Management Inc.（APAM）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
Artisan Partners Asset Management Inc.的季度营收约是CSW INDUSTRIALS, INC.的1.4倍（$335.5M vs $233.0M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 4.4%，领先30.8%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 12.9%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $22.7M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 5.1%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
APAM vs CSW — 直观对比
营收规模更大
APAM
是对方的1.4倍
$233.0M
营收增速更快
CSW
高出7.4%
12.9%
净利率更高
APAM
高出30.8%
4.4%
自由现金流更多
APAM
多$148.9M
$22.7M
两年增速更快
APAM
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $233.0M |
| 净利润 | $118.1M | $10.3M |
| 毛利率 | — | 39.7% |
| 营业利润率 | 39.2% | 7.4% |
| 净利率 | 35.2% | 4.4% |
| 营收同比 | 12.9% | 20.3% |
| 净利润同比 | 34.9% | -61.9% |
| 每股收益（稀释后） | $1.36 | $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APAMCSW
| Q4 25 | $335.5M | $233.0M | ||
| Q3 25 | $301.3M | $277.0M | ||
| Q2 25 | $282.7M | $263.6M | ||
| Q1 25 | $277.1M | $230.5M | ||
| Q4 24 | $297.1M | $193.6M | ||
| Q3 24 | $279.6M | $227.9M | ||
| Q2 24 | $270.8M | $226.2M | ||
| Q1 24 | $264.4M | $210.9M |
净利润APAMCSW
| Q4 25 | $118.1M | $10.3M | ||
| Q3 25 | $66.8M | $40.7M | ||
| Q2 25 | $67.6M | $40.9M | ||
| Q1 25 | $61.1M | $35.1M | ||
| Q4 24 | $87.5M | $26.9M | ||
| Q3 24 | $73.0M | $36.1M | ||
| Q2 24 | $57.6M | $38.6M | ||
| Q1 24 | $59.5M | $31.8M |
毛利率APAMCSW
| 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% |
营业利润率APAMCSW
| Q4 25 | 39.2% | 7.4% | ||
| Q3 25 | 33.8% | 20.5% | ||
| Q2 25 | 28.2% | 20.8% | ||
| Q1 25 | 31.2% | 19.5% | ||
| Q4 24 | 36.7% | 15.3% | ||
| Q3 24 | 33.3% | 22.6% | ||
| Q2 24 | 32.0% | 24.3% | ||
| Q1 24 | 29.4% | 21.0% |
净利率APAMCSW
| Q4 25 | 35.2% | 4.4% | ||
| Q3 25 | 22.2% | 14.7% | ||
| Q2 25 | 23.9% | 15.5% | ||
| Q1 25 | 22.1% | 15.2% | ||
| Q4 24 | 29.5% | 13.9% | ||
| Q3 24 | 26.1% | 15.8% | ||
| Q2 24 | 21.3% | 17.1% | ||
| Q1 24 | 22.5% | 15.1% |
每股收益（稀释后）APAMCSW
| Q4 25 | $1.36 | $0.62 | ||
| Q3 25 | $0.93 | $2.41 | ||
| Q2 25 | $0.94 | $2.43 | ||
| Q1 25 | $0.82 | $2.05 | ||
| Q4 24 | $0.99 | $1.60 | ||
| Q3 24 | $1.03 | $2.26 | ||
| Q2 24 | $0.80 | $2.47 | ||
| Q1 24 | $0.84 | $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 | — | $40.2M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $1.1B |
| 总资产 | $1.6B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资APAMCSW
| Q4 25 | — | $40.2M | ||
| Q3 25 | — | $31.5M | ||
| Q2 25 | — | $38.0M | ||
| Q1 25 | — | $225.8M | ||
| Q4 24 | — | $213.8M | ||
| Q3 24 | — | $273.2M | ||
| Q2 24 | — | $18.9M | ||
| Q1 24 | — | $22.2M |
总债务APAMCSW
| Q4 25 | $190.0M | — | ||
| Q3 25 | $190.0M | — | ||
| Q2 25 | $200.0M | — | ||
| Q1 25 | $200.0M | $800.1M | ||
| Q4 24 | $200.0M | — | ||
| Q3 24 | $200.0M | — | ||
| Q2 24 | $200.0M | — | ||
| Q1 24 | $200.0M | $166.0M |
股东权益APAMCSW
| Q4 25 | $438.8M | $1.1B | ||
| Q3 25 | $402.1M | $1.1B | ||
| Q2 25 | $381.8M | $1.1B | ||
| Q1 25 | $356.5M | $1.1B | ||
| Q4 24 | $388.9M | $1.0B | ||
| Q3 24 | $372.1M | $1.0B | ||
| Q2 24 | $341.2M | $650.2M | ||
| Q1 24 | $320.3M | $615.7M |
总资产APAMCSW
| Q4 25 | $1.6B | $2.3B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.5B | $1.0B |
负债/权益比APAMCSW
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.56× | 0.75× | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.59× | — | ||
| Q1 24 | 0.62× | 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 | $172.0M | $28.9M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $22.7M |
| 自由现金流率自由现金流/营收 | 51.2% | 9.8% |
| 资本支出强度资本支出/营收 | 0.1% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.46× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $420.6M | $162.0M |
8季度趋势，按日历期对齐
经营现金流APAMCSW
| Q4 25 | $172.0M | $28.9M | ||
| Q3 25 | $40.4M | $61.8M | ||
| Q2 25 | $50.9M | $60.6M | ||
| Q1 25 | $157.9M | $27.3M | ||
| Q4 24 | $372.8M | $11.6M | ||
| Q3 24 | $112.8M | $66.8M | ||
| Q2 24 | $75.9M | $62.7M | ||
| Q1 24 | $147.0M | $22.4M |
自由现金流APAMCSW
| Q4 25 | $171.6M | $22.7M | ||
| Q3 25 | $40.4M | $58.7M | ||
| Q2 25 | $50.9M | $57.7M | ||
| Q1 25 | $157.7M | $22.8M | ||
| Q4 24 | $371.3M | $8.5M | ||
| Q3 24 | $112.4M | $61.3M | ||
| Q2 24 | $75.2M | $59.6M | ||
| Q1 24 | $146.9M | $17.5M |
自由现金流率APAMCSW
| Q4 25 | 51.2% | 9.8% | ||
| Q3 25 | 13.4% | 21.2% | ||
| Q2 25 | 18.0% | 21.9% | ||
| Q1 25 | 56.9% | 9.9% | ||
| Q4 24 | 125.0% | 4.4% | ||
| Q3 24 | 40.2% | 26.9% | ||
| Q2 24 | 27.8% | 26.3% | ||
| Q1 24 | 55.6% | 8.3% |
资本支出强度APAMCSW
| Q4 25 | 0.1% | 2.6% | ||
| Q3 25 | 0.0% | 1.1% | ||
| Q2 25 | 0.0% | 1.1% | ||
| Q1 25 | 0.1% | 2.0% | ||
| Q4 24 | 0.5% | 1.6% | ||
| Q3 24 | 0.1% | 2.4% | ||
| Q2 24 | 0.2% | 1.4% | ||
| Q1 24 | 0.0% | 2.3% |
现金转化率APAMCSW
| Q4 25 | 1.46× | 2.81× | ||
| Q3 25 | 0.60× | 1.52× | ||
| Q2 25 | 0.75× | 1.48× | ||
| Q1 25 | 2.58× | 0.78× | ||
| Q4 24 | 4.26× | 0.43× | ||
| Q3 24 | 1.54× | 1.85× | ||
| Q2 24 | 1.32× | 1.62× | ||
| Q1 24 | 2.47× | 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
APAM
暂无分部数据
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
