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BRADY CORP（BRC）与PATHWARD FINANCIAL, INC.（CASH）财务数据对比。点击上方公司名可切换其他公司
BRADY CORP的季度营收约是PATHWARD FINANCIAL, INC.的1.5倍（$405.3M vs $276.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 13.3%，领先13.1%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% vs 12.1%）
布雷迪公司是美国特种产品、技术设备及标识解决方案供应商，1914年创立，总部位于威斯康星州密尔沃基，在美洲、欧洲、亚洲、澳洲拥有6600名员工，业务覆盖全球，为各行业客户提供工作场景所需的零部件标识相关产品与服务。
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
BRC vs CASH — 直观对比
营收规模更大
BRC
是对方的1.5倍
$276.3M
净利率更高
CASH
高出13.1%
13.3%
两年增速更快
CASH
近两年复合增速
12.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $405.3M | $276.3M |
| 净利润 | $53.9M | $72.9M |
| 毛利率 | 51.5% | — |
| 营业利润率 | 16.8% | — |
| 净利率 | 13.3% | 26.4% |
| 营收同比 | 7.5% | — |
| 净利润同比 | 15.3% | — |
| 每股收益（稀释后） | — | $3.35 |
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BRCCASH
| Q1 26 | — | $276.3M | ||
| Q4 25 | $405.3M | $173.1M | ||
| Q3 25 | $397.3M | $186.7M | ||
| Q2 25 | $382.6M | $195.8M | ||
| Q1 25 | $356.7M | $274.8M | ||
| Q4 24 | $377.1M | $182.6M | ||
| Q3 24 | $343.4M | $179.5M | ||
| Q2 24 | $343.4M | $188.6M |
净利润BRCCASH
| Q1 26 | — | $72.9M | ||
| Q4 25 | $53.9M | $35.2M | ||
| Q3 25 | $49.9M | $38.8M | ||
| Q2 25 | $52.3M | $42.1M | ||
| Q1 25 | $40.3M | $75.0M | ||
| Q4 24 | $46.8M | $30.0M | ||
| Q3 24 | $55.5M | $33.5M | ||
| Q2 24 | $50.9M | $44.9M |
毛利率BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | 51.5% | — | ||
| Q3 25 | 50.4% | — | ||
| Q2 25 | 51.0% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 50.3% | — | ||
| Q3 24 | 51.6% | — | ||
| Q2 24 | 51.6% | — |
营业利润率BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | 24.6% | ||
| Q3 25 | 14.9% | 25.9% | ||
| Q2 25 | 17.6% | 24.1% | ||
| Q1 25 | 14.4% | 33.2% | ||
| Q4 24 | 15.6% | 19.8% | ||
| Q3 24 | 19.3% | 20.9% | ||
| Q2 24 | 18.5% | 27.1% |
净利率BRCCASH
| Q1 26 | — | 26.4% | ||
| Q4 25 | 13.3% | 20.3% | ||
| Q3 25 | 12.6% | 20.8% | ||
| Q2 25 | 13.7% | 21.5% | ||
| Q1 25 | 11.3% | 27.3% | ||
| Q4 24 | 12.4% | 16.4% | ||
| Q3 24 | 16.1% | 18.7% | ||
| Q2 24 | 14.8% | 23.8% |
每股收益（稀释后）BRCCASH
| Q1 26 | — | $3.35 | ||
| Q4 25 | — | $1.57 | ||
| Q3 25 | — | $1.69 | ||
| Q2 25 | — | $1.81 | ||
| Q1 25 | — | $3.14 | ||
| Q4 24 | — | $1.23 | ||
| Q3 24 | — | $1.34 | ||
| Q2 24 | — | $1.78 |
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 | $182.7M | $157.6M |
| 总债务越低越好 | $115.9M | $59.5M |
| 股东权益账面价值 | $1.2B | $850.7M |
| 总资产 | $1.8B | $7.1B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资BRCCASH
| Q1 26 | — | $157.6M | ||
| Q4 25 | $182.7M | $331.2M | ||
| Q3 25 | $174.3M | $120.6M | ||
| Q2 25 | $152.2M | $258.3M | ||
| Q1 25 | $138.5M | $254.2M | ||
| Q4 24 | $145.7M | $597.4M | ||
| Q3 24 | $250.1M | $158.3M | ||
| Q2 24 | $160.5M | $298.9M |
总债务BRCCASH
| Q1 26 | — | $59.5M | ||
| Q4 25 | $115.9M | $33.5M | ||
| Q3 25 | $99.8M | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | — | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | $90.9M | $33.4M | ||
| Q2 24 | — | $33.3M |
股东权益BRCCASH
| Q1 26 | — | $850.7M | ||
| Q4 25 | $1.2B | $854.5M | ||
| Q3 25 | $1.2B | $858.0M | ||
| Q2 25 | $1.2B | $819.0M | ||
| Q1 25 | $1.1B | $814.7M | ||
| Q4 24 | $1.1B | $758.3M | ||
| Q3 24 | $1.1B | $822.5M | ||
| Q2 24 | $1.0B | $748.4M |
总资产BRCCASH
| Q1 26 | — | $7.1B | ||
| Q4 25 | $1.8B | $7.6B | ||
| Q3 25 | $1.7B | $7.2B | ||
| Q2 25 | $1.7B | $7.2B | ||
| Q1 25 | $1.6B | $7.0B | ||
| Q4 24 | $1.6B | $7.6B | ||
| Q3 24 | $1.5B | $7.5B | ||
| Q2 24 | $1.4B | $7.5B |
负债/权益比BRCCASH
| Q1 26 | — | 0.07× | ||
| Q4 25 | 0.09× | 0.04× | ||
| Q3 25 | 0.08× | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | 0.09× | 0.04× | ||
| Q2 24 | — | 0.04× |
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 | $33.4M | — |
| 自由现金流经营现金流 - 资本支出 | $22.4M | — |
| 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 | 2.7% | — |
| 现金转化率经营现金流/净利润 | 0.62× | — |
| 过去12个月自由现金流最近4个季度 | $159.9M | — |
8季度趋势，按日历期对齐
经营现金流BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | $33.4M | $108.3M | ||
| Q3 25 | $58.3M | $303.7M | ||
| Q2 25 | $59.9M | $30.4M | ||
| Q1 25 | $39.6M | $188.3M | ||
| Q4 24 | $23.4M | $-71.7M | ||
| Q3 24 | $84.0M | $143.1M | ||
| Q2 24 | $72.7M | $113.2M |
自由现金流BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | $22.4M | $104.1M | ||
| Q3 25 | $49.4M | $300.3M | ||
| Q2 25 | $55.6M | $27.7M | ||
| Q1 25 | $32.5M | $184.7M | ||
| Q4 24 | $16.1M | $-73.8M | ||
| Q3 24 | $73.2M | $138.8M | ||
| Q2 24 | $64.4M | $111.0M |
自由现金流率BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 60.1% | ||
| Q3 25 | 12.4% | 160.9% | ||
| Q2 25 | 14.5% | 14.1% | ||
| Q1 25 | 9.1% | 67.2% | ||
| Q4 24 | 4.3% | -40.4% | ||
| Q3 24 | 21.3% | 77.3% | ||
| Q2 24 | 18.8% | 58.8% |
资本支出强度BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 2.4% | ||
| Q3 25 | 2.2% | 1.8% | ||
| Q2 25 | 1.1% | 1.4% | ||
| Q1 25 | 2.0% | 1.3% | ||
| Q4 24 | 1.9% | 1.1% | ||
| Q3 24 | 3.1% | 2.4% | ||
| Q2 24 | 2.4% | 1.2% |
现金转化率BRCCASH
| Q1 26 | — | — | ||
| Q4 25 | 0.62× | 3.08× | ||
| Q3 25 | 1.17× | 7.83× | ||
| Q2 25 | 1.15× | 0.72× | ||
| Q1 25 | 0.98× | 2.51× | ||
| Q4 24 | 0.50× | -2.39× | ||
| Q3 24 | 1.51× | 4.27× | ||
| Q2 24 | 1.43× | 2.52× |
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
BRC
| Americas Asia | $215.1M | 53% |
| Europe Australia | $119.9M | 30% |
| Other | $70.2M | 17% |
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
