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Axos Financial, Inc.（AX）与CASELLA WASTE SYSTEMS INC（CWST）财务数据对比。点击上方公司名可切换其他公司
CASELLA WASTE SYSTEMS INC的季度营收约是Axos Financial, Inc.的1.4倍（$557.2M vs $392.2M），Axos Financial, Inc.净利率更高（31.8% vs -1.0%，领先32.8%），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（21.5% vs 16.1%）
Axos Financial是总部位于美国内华达州拉斯维加斯的银行控股公司，旗下拥有直销银行Axos Bank，同时提供注册投资顾问服务及电子交易平台，深耕数字化金融赛道，可为用户提供多元便捷的金融服务解决方案。
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
AX vs CWST — 直观对比
营收规模更大
CWST
是对方的1.4倍
$392.2M
净利率更高
AX
高出32.8%
-1.0%
两年增速更快
CWST
近两年复合增速
16.1%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $392.2M | $557.2M |
| 净利润 | $124.7M | $-5.5M |
| 毛利率 | — | — |
| 营业利润率 | — | 0.9% |
| 净利率 | 31.8% | -1.0% |
| 营收同比 | — | 9.6% |
| 净利润同比 | 18.5% | -15.2% |
| 每股收益（稀释后） | $2.15 | $-0.09 |
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AXCWST
| Q1 26 | $392.2M | $557.2M | ||
| Q4 25 | $385.1M | $469.1M | ||
| Q3 25 | $323.4M | $485.4M | ||
| Q2 25 | $321.4M | $465.3M | ||
| Q1 25 | $308.8M | $417.1M | ||
| Q4 24 | $307.9M | $427.5M | ||
| Q3 24 | $320.7M | $411.6M | ||
| Q2 24 | $290.9M | $377.2M |
净利润AXCWST
| Q1 26 | $124.7M | $-5.5M | ||
| Q4 25 | $128.4M | $-2.5M | ||
| Q3 25 | $112.4M | $10.0M | ||
| Q2 25 | $110.7M | $5.2M | ||
| Q1 25 | $105.2M | $-4.8M | ||
| Q4 24 | $104.7M | $4.9M | ||
| Q3 24 | $112.3M | $5.8M | ||
| Q2 24 | $104.9M | $7.0M |
毛利率AXCWST
| Q1 26 | — | — | ||
| Q4 25 | — | 33.3% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 33.2% | ||
| Q3 24 | — | 35.1% | ||
| Q2 24 | — | 35.4% |
营业利润率AXCWST
| Q1 26 | — | 0.9% | ||
| Q4 25 | 45.6% | 2.5% | ||
| Q3 25 | 46.3% | 6.1% | ||
| Q2 25 | 48.5% | 4.1% | ||
| Q1 25 | 47.9% | 0.8% | ||
| Q4 24 | 48.8% | 4.3% | ||
| Q3 24 | 49.6% | 5.9% | ||
| Q2 24 | 49.6% | 6.1% |
净利率AXCWST
| Q1 26 | 31.8% | -1.0% | ||
| Q4 25 | 33.3% | -0.5% | ||
| Q3 25 | 34.7% | 2.1% | ||
| Q2 25 | 34.4% | 1.1% | ||
| Q1 25 | 34.1% | -1.2% | ||
| Q4 24 | 34.0% | 1.1% | ||
| Q3 24 | 35.0% | 1.4% | ||
| Q2 24 | 36.0% | 1.9% |
每股收益（稀释后）AXCWST
| Q1 26 | $2.15 | $-0.09 | ||
| Q4 25 | $2.22 | $-0.04 | ||
| Q3 25 | $1.94 | $0.16 | ||
| Q2 25 | $1.89 | $0.08 | ||
| Q1 25 | $1.81 | $-0.08 | ||
| Q4 24 | $1.80 | $0.08 | ||
| Q3 24 | $1.93 | $0.10 | ||
| Q2 24 | $1.75 | $0.12 |
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 | — | $126.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.1B | $1.6B |
| 总资产 | $29.2B | $3.3B |
| 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AXCWST
| Q1 26 | — | $126.9M | ||
| Q4 25 | $1.0B | $123.8M | ||
| Q3 25 | $2.6B | $192.7M | ||
| Q2 25 | $1.9B | $217.8M | ||
| Q1 25 | $2.0B | $267.7M | ||
| Q4 24 | $2.4B | $358.3M | ||
| Q3 24 | $2.6B | $519.0M | ||
| Q2 24 | $2.0B | $208.5M |
总债务AXCWST
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $312.7M | $1.1B | ||
| Q1 25 | $377.4M | $1.1B | ||
| Q4 24 | $358.7M | $1.1B | ||
| Q3 24 | $313.5M | $1.0B | ||
| Q2 24 | $325.7M | $976.6M |
股东权益AXCWST
| Q1 26 | $3.1B | $1.6B | ||
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.8B | $1.6B | ||
| Q2 25 | $2.7B | $1.6B | ||
| Q1 25 | $2.6B | $1.5B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.3B | $1.0B |
总资产AXCWST
| Q1 26 | $29.2B | $3.3B | ||
| Q4 25 | $28.2B | $3.3B | ||
| Q3 25 | $27.4B | $3.3B | ||
| Q2 25 | $24.8B | $3.3B | ||
| Q1 25 | $24.0B | $3.2B | ||
| Q4 24 | $23.7B | $3.2B | ||
| Q3 24 | $23.6B | $3.1B | ||
| Q2 24 | $22.9B | $2.5B |
负债/权益比AXCWST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.72× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | 0.12× | 0.72× | ||
| Q1 25 | 0.14× | 0.72× | ||
| Q4 24 | 0.14× | 0.70× | ||
| Q3 24 | 0.13× | 0.68× | ||
| Q2 24 | 0.14× | 0.94× |
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 | — | $62.3M |
| 自由现金流经营现金流 - 资本支出 | — | $30.7M |
| 自由现金流率自由现金流/营收 | — | 5.5% |
| 资本支出强度资本支出/营收 | — | 9.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $120.7M |
8季度趋势，按日历期对齐
经营现金流AXCWST
| Q1 26 | — | $62.3M | ||
| Q4 25 | $104.1M | $96.6M | ||
| Q3 25 | $118.4M | $93.6M | ||
| Q2 25 | $490.3M | $89.5M | ||
| Q1 25 | $73.7M | $50.1M | ||
| Q4 24 | $162.5M | $109.8M | ||
| Q3 24 | $70.8M | $91.8M | ||
| Q2 24 | $305.5M | $72.1M |
自由现金流AXCWST
| Q1 26 | — | $30.7M | ||
| Q4 25 | $85.4M | $39.3M | ||
| Q3 25 | $109.3M | $27.6M | ||
| Q2 25 | $436.1M | $23.1M | ||
| Q1 25 | $65.1M | $-5.4M | ||
| Q4 24 | $156.4M | $32.9M | ||
| Q3 24 | $53.0M | $40.4M | ||
| Q2 24 | $269.5M | $27.5M |
自由现金流率AXCWST
| Q1 26 | — | 5.5% | ||
| Q4 25 | 22.2% | 8.4% | ||
| Q3 25 | 33.8% | 5.7% | ||
| Q2 25 | 135.7% | 5.0% | ||
| Q1 25 | 21.1% | -1.3% | ||
| Q4 24 | 50.8% | 7.7% | ||
| Q3 24 | 16.5% | 9.8% | ||
| Q2 24 | 92.6% | 7.3% |
资本支出强度AXCWST
| Q1 26 | — | 9.0% | ||
| Q4 25 | 4.9% | 12.2% | ||
| Q3 25 | 2.8% | 13.6% | ||
| Q2 25 | 16.9% | 14.3% | ||
| Q1 25 | 2.8% | 13.3% | ||
| Q4 24 | 2.0% | 18.0% | ||
| Q3 24 | 5.5% | 12.5% | ||
| Q2 24 | 12.4% | 11.8% |
现金转化率AXCWST
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 1.05× | 9.37× | ||
| Q2 25 | 4.43× | 17.19× | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 1.55× | 22.51× | ||
| Q3 24 | 0.63× | 15.91× | ||
| Q2 24 | 2.91× | 10.29× |
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
AX
| Net Interest Income | $306.3M | 78% |
| Noninterest Income | $86.0M | 22% |
CWST
| Collection | $334.8M | 60% |
| Transfer station | $65.9M | 12% |
| Processing (ii) | $49.0M | 9% |
| Landfill | $48.0M | 9% |
| National Accounts (ii) | $45.6M | 8% |
| Transportation | $8.2M | 1% |
| Landfill gas-to-energy | $2.9M | 1% |
