vs
CrossAmerica Partners LP（CAPL）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是摩丁制造的1.1倍（$866.3M vs $805.0M），CrossAmerica Partners LP净利率更高（1.2% vs -5.9%，领先7.1%），摩丁制造同比增速更快（30.5% vs -8.3%），CrossAmerica Partners LP自由现金流更多（$22.4M vs $-17.1M），过去两年摩丁制造的营收复合增速更高（15.5% 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。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
CAPL vs MOD — 直观对比
营收规模更大
CAPL
是对方的1.1倍
$805.0M
营收增速更快
MOD
高出38.8%
-8.3%
净利率更高
CAPL
高出7.1%
-5.9%
自由现金流更多
CAPL
多$39.5M
$-17.1M
两年增速更快
MOD
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $805.0M |
| 净利润 | $10.2M | $-47.4M |
| 毛利率 | 12.4% | 23.1% |
| 营业利润率 | 3.0% | 11.1% |
| 净利率 | 1.2% | -5.9% |
| 营收同比 | -8.3% | 30.5% |
| 净利润同比 | -39.6% | -215.6% |
| 每股收益（稀释后） | $0.24 | $-0.90 |
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CAPLMOD
| Q4 25 | $866.3M | $805.0M | ||
| Q3 25 | $971.8M | $738.9M | ||
| Q2 25 | $961.9M | $682.8M | ||
| Q1 25 | $862.5M | $647.2M | ||
| Q4 24 | $944.2M | $616.8M | ||
| Q3 24 | $1.1B | $658.0M | ||
| Q2 24 | $1.1B | $661.5M | ||
| Q1 24 | $941.5M | $603.5M |
净利润CAPLMOD
| Q4 25 | $10.2M | $-47.4M | ||
| Q3 25 | $13.6M | $44.4M | ||
| Q2 25 | $25.2M | $51.2M | ||
| Q1 25 | $-7.1M | $49.6M | ||
| Q4 24 | $16.9M | $41.0M | ||
| Q3 24 | $10.7M | $46.1M | ||
| Q2 24 | $12.4M | $47.3M | ||
| Q1 24 | $-17.5M | $25.8M |
毛利率CAPLMOD
| Q4 25 | 12.4% | 23.1% | ||
| Q3 25 | 10.8% | 22.3% | ||
| Q2 25 | 10.5% | 24.2% | ||
| Q1 25 | 10.4% | 25.6% | ||
| Q4 24 | 10.7% | 24.3% | ||
| Q3 24 | 10.3% | 25.2% | ||
| Q2 24 | 9.2% | 24.6% | ||
| Q1 24 | 8.6% | 22.4% |
营业利润率CAPLMOD
| Q4 25 | 3.0% | 11.1% | ||
| Q3 25 | 2.9% | 9.9% | ||
| Q2 25 | 4.3% | 11.1% | ||
| Q1 25 | 0.2% | 11.5% | ||
| Q4 24 | 3.0% | 9.6% | ||
| Q3 24 | 2.5% | 11.4% | ||
| Q2 24 | 2.5% | 11.2% | ||
| Q1 24 | -1.4% | 7.8% |
净利率CAPLMOD
| Q4 25 | 1.2% | -5.9% | ||
| Q3 25 | 1.4% | 6.0% | ||
| Q2 25 | 2.6% | 7.5% | ||
| Q1 25 | -0.8% | 7.7% | ||
| Q4 24 | 1.8% | 6.6% | ||
| Q3 24 | 1.0% | 7.0% | ||
| Q2 24 | 1.1% | 7.2% | ||
| Q1 24 | -1.9% | 4.3% |
每股收益（稀释后）CAPLMOD
| Q4 25 | $0.24 | $-0.90 | ||
| Q3 25 | $0.34 | $0.83 | ||
| Q2 25 | $0.64 | $0.95 | ||
| Q1 25 | $-0.20 | $0.92 | ||
| Q4 24 | $0.42 | $0.76 | ||
| Q3 24 | $0.27 | $0.86 | ||
| Q2 24 | $0.31 | $0.88 | ||
| Q1 24 | $-0.48 | $0.48 |
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 | $98.7M |
| 总债务越低越好 | $687.2M | $570.7M |
| 股东权益账面价值 | — | $1.1B |
| 总资产 | $964.7M | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资CAPLMOD
| Q4 25 | $3.1M | $98.7M | ||
| Q3 25 | $5.8M | $83.8M | ||
| Q2 25 | $9.7M | $124.5M | ||
| Q1 25 | $6.7M | $71.6M | ||
| Q4 24 | $3.4M | $83.8M | ||
| Q3 24 | $7.8M | $78.6M | ||
| Q2 24 | $5.5M | $72.9M | ||
| Q1 24 | $6.3M | $60.1M |
总债务CAPLMOD
| Q4 25 | $687.2M | $570.7M | ||
| Q3 25 | $700.8M | $525.8M | ||
| Q2 25 | $722.7M | $482.1M | ||
| Q1 25 | $774.1M | $296.7M | ||
| Q4 24 | $763.9M | $330.0M | ||
| Q3 24 | $769.2M | $359.1M | ||
| Q2 24 | $786.7M | $405.7M | ||
| Q1 24 | $795.8M | $399.9M |
股东权益CAPLMOD
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $910.2M | ||
| Q4 24 | — | $855.1M | ||
| Q3 24 | — | $858.8M | ||
| Q2 24 | — | $788.4M | ||
| Q1 24 | — | $747.6M |
总资产CAPLMOD
| Q4 25 | $964.7M | $2.5B | ||
| Q3 25 | $998.9M | $2.4B | ||
| Q2 25 | $1.0B | $2.2B | ||
| Q1 25 | $1.1B | $1.9B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.2B | $1.9B | ||
| Q1 24 | $1.2B | $1.9B |
负债/权益比CAPLMOD
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.48× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.39× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.53× |
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 | $24.7M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $-17.1M |
| 自由现金流率自由现金流/营收 | 2.6% | -2.1% |
| 资本支出强度资本支出/营收 | 0.8% | 5.2% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $-20.3M |
8季度趋势，按日历期对齐
经营现金流CAPLMOD
| Q4 25 | $29.4M | $24.7M | ||
| Q3 25 | $24.4M | $1.4M | ||
| Q2 25 | $22.6M | $27.7M | ||
| Q1 25 | $15.0M | $54.8M | ||
| Q4 24 | $11.1M | $60.7M | ||
| Q3 24 | $41.9M | $57.3M | ||
| Q2 24 | $28.9M | $40.5M | ||
| Q1 24 | $5.8M | $39.6M |
自由现金流CAPLMOD
| Q4 25 | $22.4M | $-17.1M | ||
| Q3 25 | $17.7M | $-30.5M | ||
| Q2 25 | $10.8M | $200.0K | ||
| Q1 25 | $4.9M | $27.1M | ||
| Q4 24 | $3.9M | $44.7M | ||
| Q3 24 | $34.2M | $43.8M | ||
| Q2 24 | $23.6M | $13.7M | ||
| Q1 24 | $-289.0K | $-4.3M |
自由现金流率CAPLMOD
| Q4 25 | 2.6% | -2.1% | ||
| Q3 25 | 1.8% | -4.1% | ||
| Q2 25 | 1.1% | 0.0% | ||
| Q1 25 | 0.6% | 4.2% | ||
| Q4 24 | 0.4% | 7.2% | ||
| Q3 24 | 3.2% | 6.7% | ||
| Q2 24 | 2.1% | 2.1% | ||
| Q1 24 | -0.0% | -0.7% |
资本支出强度CAPLMOD
| Q4 25 | 0.8% | 5.2% | ||
| Q3 25 | 0.7% | 4.3% | ||
| Q2 25 | 1.2% | 4.0% | ||
| Q1 25 | 1.2% | 4.3% | ||
| Q4 24 | 0.8% | 2.6% | ||
| Q3 24 | 0.7% | 2.1% | ||
| Q2 24 | 0.5% | 4.1% | ||
| Q1 24 | 0.6% | 7.3% |
现金转化率CAPLMOD
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | 0.03× | ||
| Q2 25 | 0.90× | 0.54× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | 0.66× | 1.48× | ||
| Q3 24 | 3.92× | 1.24× | ||
| Q2 24 | 2.33× | 0.86× | ||
| Q1 24 | — | 1.53× |
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% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
