vs
CrossAmerica Partners LP（CAPL）与EAGLE MATERIALS INC（EXP）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是EAGLE MATERIALS INC的1.6倍（$866.3M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 1.2%，领先17.3%），EAGLE MATERIALS INC同比增速更快（-0.4% vs -8.3%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $22.4M），过去两年EAGLE MATERIALS INC的营收复合增速更高（8.0% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
CAPL vs EXP — 直观对比
营收规模更大
CAPL
是对方的1.6倍
$556.0M
营收增速更快
EXP
高出7.9%
-8.3%
净利率更高
EXP
高出17.3%
1.2%
自由现金流更多
EXP
多$38.4M
$22.4M
两年增速更快
EXP
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $556.0M |
| 净利润 | $10.2M | $102.9M |
| 毛利率 | 12.4% | 28.9% |
| 营业利润率 | 3.0% | — |
| 净利率 | 1.2% | 18.5% |
| 营收同比 | -8.3% | -0.4% |
| 净利润同比 | -39.6% | -13.9% |
| 每股收益（稀释后） | $0.24 | $3.22 |
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CAPLEXP
| Q4 25 | $866.3M | $556.0M | ||
| Q3 25 | $971.8M | $638.9M | ||
| Q2 25 | $961.9M | $634.7M | ||
| Q1 25 | $862.5M | $470.2M | ||
| Q4 24 | $944.2M | $558.0M | ||
| Q3 24 | $1.1B | $623.6M | ||
| Q2 24 | $1.1B | $608.7M | ||
| Q1 24 | $941.5M | $476.7M |
净利润CAPLEXP
| Q4 25 | $10.2M | $102.9M | ||
| Q3 25 | $13.6M | $137.4M | ||
| Q2 25 | $25.2M | $123.4M | ||
| Q1 25 | $-7.1M | $66.5M | ||
| Q4 24 | $16.9M | $119.6M | ||
| Q3 24 | $10.7M | $143.5M | ||
| Q2 24 | $12.4M | $133.8M | ||
| Q1 24 | $-17.5M | $77.1M |
毛利率CAPLEXP
| Q4 25 | 12.4% | 28.9% | ||
| Q3 25 | 10.8% | 31.3% | ||
| Q2 25 | 10.5% | 29.2% | ||
| Q1 25 | 10.4% | 22.2% | ||
| Q4 24 | 10.7% | 31.9% | ||
| Q3 24 | 10.3% | 32.7% | ||
| Q2 24 | 9.2% | 30.7% | ||
| Q1 24 | 8.6% | 25.1% |
营业利润率CAPLEXP
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 3.0% | 32.8% | ||
| Q3 24 | 2.5% | 34.2% | ||
| Q2 24 | 2.5% | 32.0% | ||
| Q1 24 | -1.4% | 26.9% |
净利率CAPLEXP
| Q4 25 | 1.2% | 18.5% | ||
| Q3 25 | 1.4% | 21.5% | ||
| Q2 25 | 2.6% | 19.4% | ||
| Q1 25 | -0.8% | 14.1% | ||
| Q4 24 | 1.8% | 21.4% | ||
| Q3 24 | 1.0% | 23.0% | ||
| Q2 24 | 1.1% | 22.0% | ||
| Q1 24 | -1.9% | 16.2% |
每股收益（稀释后）CAPLEXP
| Q4 25 | $0.24 | $3.22 | ||
| Q3 25 | $0.34 | $4.23 | ||
| Q2 25 | $0.64 | $3.76 | ||
| Q1 25 | $-0.20 | $2.01 | ||
| Q4 24 | $0.42 | $3.56 | ||
| Q3 24 | $0.27 | $4.26 | ||
| Q2 24 | $0.31 | $3.94 | ||
| Q1 24 | $-0.48 | $2.23 |
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 | $3.1M | $419.0M |
| 总债务越低越好 | $687.2M | — |
| 股东权益账面价值 | — | $1.5B |
| 总资产 | $964.7M | $3.8B |
| 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CAPLEXP
| Q4 25 | $3.1M | $419.0M | ||
| Q3 25 | $5.8M | $35.0M | ||
| Q2 25 | $9.7M | $59.7M | ||
| Q1 25 | $6.7M | $20.4M | ||
| Q4 24 | $3.4M | $31.2M | ||
| Q3 24 | $7.8M | $93.9M | ||
| Q2 24 | $5.5M | $46.5M | ||
| Q1 24 | $6.3M | $34.9M |
总债务CAPLEXP
| Q4 25 | $687.2M | — | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | $1.2B | ||
| Q4 24 | $763.9M | — | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — | ||
| Q1 24 | $795.8M | $1.1B |
股东权益CAPLEXP
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.3B |
总资产CAPLEXP
| Q4 25 | $964.7M | $3.8B | ||
| Q3 25 | $998.9M | $3.4B | ||
| Q2 25 | $1.0B | $3.4B | ||
| Q1 25 | $1.1B | $3.3B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.1B | $3.1B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
负债/权益比CAPLEXP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.84× |
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 | $29.4M | $170.8M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $60.8M |
| 自由现金流率自由现金流/营收 | 2.6% | 10.9% |
| 资本支出强度资本支出/营收 | 0.8% | 19.8% |
| 现金转化率经营现金流/净利润 | 2.89× | 1.66× |
| 过去12个月自由现金流最近4个季度 | $55.8M | $231.8M |
8季度趋势，按日历期对齐
经营现金流CAPLEXP
| Q4 25 | $29.4M | $170.8M | ||
| Q3 25 | $24.4M | $204.6M | ||
| Q2 25 | $22.6M | $136.6M | ||
| Q1 25 | $15.0M | $62.8M | ||
| Q4 24 | $11.1M | $119.9M | ||
| Q3 24 | $41.9M | $233.3M | ||
| Q2 24 | $28.9M | $132.6M | ||
| Q1 24 | $5.8M | $63.4M |
自由现金流CAPLEXP
| Q4 25 | $22.4M | $60.8M | ||
| Q3 25 | $17.7M | $96.1M | ||
| Q2 25 | $10.8M | $60.5M | ||
| Q1 25 | $4.9M | $14.5M | ||
| Q4 24 | $3.9M | $72.5M | ||
| Q3 24 | $34.2M | $166.8M | ||
| Q2 24 | $23.6M | $99.5M | ||
| Q1 24 | $-289.0K | $30.9M |
自由现金流率CAPLEXP
| Q4 25 | 2.6% | 10.9% | ||
| Q3 25 | 1.8% | 15.0% | ||
| Q2 25 | 1.1% | 9.5% | ||
| Q1 25 | 0.6% | 3.1% | ||
| Q4 24 | 0.4% | 13.0% | ||
| Q3 24 | 3.2% | 26.7% | ||
| Q2 24 | 2.1% | 16.3% | ||
| Q1 24 | -0.0% | 6.5% |
资本支出强度CAPLEXP
| Q4 25 | 0.8% | 19.8% | ||
| Q3 25 | 0.7% | 17.0% | ||
| Q2 25 | 1.2% | 12.0% | ||
| Q1 25 | 1.2% | 10.3% | ||
| Q4 24 | 0.8% | 8.5% | ||
| Q3 24 | 0.7% | 10.7% | ||
| Q2 24 | 0.5% | 5.4% | ||
| Q1 24 | 0.6% | 6.8% |
现金转化率CAPLEXP
| Q4 25 | 2.89× | 1.66× | ||
| Q3 25 | 1.79× | 1.49× | ||
| Q2 25 | 0.90× | 1.11× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | 0.66× | 1.00× | ||
| Q3 24 | 3.92× | 1.63× | ||
| Q2 24 | 2.33× | 0.99× | ||
| Q1 24 | — | 0.82× |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
