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CBIZ, Inc.（CBZ）与Woodward, Inc.（WWD）财务数据对比。点击上方公司名可切换其他公司
Woodward, Inc.的季度营收约是CBIZ, Inc.的1.8倍（$996.5M vs $542.7M），Woodward, Inc.净利率更高（13.4% vs -14.6%，领先28.1%），Woodward, Inc.同比增速更快（29.0% vs 17.9%），CBIZ, Inc.自由现金流更多（$141.7M vs $70.3M），过去两年Woodward, Inc.的营收复合增速更高（9.2% vs 4.8%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
伍德沃德（Woodward, Inc.）是美国的控制系统及组件供应商，业务涵盖产品设计、制造与全链条服务，产品广泛应用于飞机、航空发动机、工业发动机与轮机、发电及移动工业设备领域，同时为国防领域供应军用装置及其他配套设备。
CBZ vs WWD — 直观对比
营收规模更大
WWD
是对方的1.8倍
$542.7M
营收增速更快
WWD
高出11.1%
17.9%
净利率更高
WWD
高出28.1%
-14.6%
自由现金流更多
CBZ
多$71.4M
$70.3M
两年增速更快
WWD
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $542.7M | $996.5M |
| 净利润 | $-79.4M | $133.7M |
| 毛利率 | -9.4% | 29.3% |
| 营业利润率 | -15.7% | 17.0% |
| 净利率 | -14.6% | 13.4% |
| 营收同比 | 17.9% | 29.0% |
| 净利润同比 | 12.5% | 53.5% |
| 每股收益（稀释后） | $-1.22 | $2.17 |
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CBZWWD
| Q4 25 | $542.7M | $996.5M | ||
| Q3 25 | $693.8M | $995.3M | ||
| Q2 25 | $683.5M | $915.4M | ||
| Q1 25 | $838.0M | $883.6M | ||
| Q4 24 | $460.3M | $772.7M | ||
| Q3 24 | $438.9M | $854.5M | ||
| Q2 24 | $420.0M | $847.7M | ||
| Q1 24 | $494.3M | $835.3M |
净利润CBZWWD
| Q4 25 | $-79.4M | $133.7M | ||
| Q3 25 | $30.1M | $137.6M | ||
| Q2 25 | $41.9M | $108.4M | ||
| Q1 25 | $122.8M | $108.9M | ||
| Q4 24 | $-90.7M | $87.1M | ||
| Q3 24 | $35.1M | $83.3M | ||
| Q2 24 | $19.8M | $102.1M | ||
| Q1 24 | $76.9M | $97.6M |
毛利率CBZWWD
| Q4 25 | -9.4% | 29.3% | ||
| Q3 25 | 13.0% | 27.9% | ||
| Q2 25 | 12.9% | 27.2% | ||
| Q1 25 | 27.2% | 27.2% | ||
| Q4 24 | -13.4% | 24.5% | ||
| Q3 24 | 16.6% | 24.3% | ||
| Q2 24 | 12.8% | 27.1% | ||
| Q1 24 | 23.8% | 28.1% |
营业利润率CBZWWD
| Q4 25 | -15.7% | 17.0% | ||
| Q3 25 | 8.5% | 16.1% | ||
| Q2 25 | 8.8% | 13.9% | ||
| Q1 25 | 23.9% | 15.0% | ||
| Q4 24 | -23.2% | 13.2% | ||
| Q3 24 | 11.3% | 11.9% | ||
| Q2 24 | 7.5% | 14.4% | ||
| Q1 24 | 20.0% | 14.4% |
净利率CBZWWD
| Q4 25 | -14.6% | 13.4% | ||
| Q3 25 | 4.3% | 13.8% | ||
| Q2 25 | 6.1% | 11.8% | ||
| Q1 25 | 14.7% | 12.3% | ||
| Q4 24 | -19.7% | 11.3% | ||
| Q3 24 | 8.0% | 9.7% | ||
| Q2 24 | 4.7% | 12.0% | ||
| Q1 24 | 15.6% | 11.7% |
每股收益（稀释后）CBZWWD
| Q4 25 | $-1.22 | $2.17 | ||
| Q3 25 | $0.48 | $2.23 | ||
| Q2 25 | $0.66 | $1.76 | ||
| Q1 25 | $1.91 | $1.78 | ||
| Q4 24 | $-1.84 | $1.42 | ||
| Q3 24 | $0.70 | $1.36 | ||
| Q2 24 | $0.39 | $1.63 | ||
| Q1 24 | $1.53 | $1.56 |
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 | $18.3M | $454.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.8B | $2.6B |
| 总资产 | $4.4B | $4.7B |
| 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CBZWWD
| Q4 25 | $18.3M | $454.2M | ||
| Q3 25 | $17.0M | $327.4M | ||
| Q2 25 | $39.8M | $473.2M | ||
| Q1 25 | $8.8M | $364.1M | ||
| Q4 24 | $13.8M | $283.7M | ||
| Q3 24 | $1.1M | $282.3M | ||
| Q2 24 | $1.1M | $308.3M | ||
| Q1 24 | $1.4M | $316.9M |
总债务CBZWWD
| Q4 25 | — | — | ||
| Q3 25 | — | $579.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $655.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CBZWWD
| Q4 25 | $1.8B | $2.6B | ||
| Q3 25 | $1.9B | $2.6B | ||
| Q2 25 | $1.9B | $2.5B | ||
| Q1 25 | $1.9B | $2.3B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $927.9M | $2.2B | ||
| Q2 24 | $891.4M | $2.2B | ||
| Q1 24 | $867.1M | $2.3B |
总资产CBZWWD
| Q4 25 | $4.4B | $4.7B | ||
| Q3 25 | $4.5B | $4.6B | ||
| Q2 25 | $4.5B | $4.7B | ||
| Q1 25 | $4.6B | $4.5B | ||
| Q4 24 | $4.5B | $4.3B | ||
| Q3 24 | $2.1B | $4.4B | ||
| Q2 24 | $2.2B | $4.3B | ||
| Q1 24 | $2.2B | $4.4B |
负债/权益比CBZWWD
| Q4 25 | — | — | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.30× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $143.6M | $114.4M |
| 自由现金流经营现金流 - 资本支出 | $141.7M | $70.3M |
| 自由现金流率自由现金流/营收 | 26.1% | 7.1% |
| 资本支出强度资本支出/营收 | 0.4% | 4.4% |
| 现金转化率经营现金流/净利润 | — | 0.86× |
| 过去12个月自由现金流最近4个季度 | $175.5M | $409.7M |
8季度趋势，按日历期对齐
经营现金流CBZWWD
| Q4 25 | $143.6M | $114.4M | ||
| Q3 25 | $24.0M | $233.3M | ||
| Q2 25 | $113.1M | $125.6M | ||
| Q1 25 | $-88.3M | $77.8M | ||
| Q4 24 | $55.5M | $34.5M | ||
| Q3 24 | $43.7M | $141.8M | ||
| Q2 24 | $88.2M | $153.2M | ||
| Q1 24 | $-63.7M | $97.3M |
自由现金流CBZWWD
| Q4 25 | $141.7M | $70.3M | ||
| Q3 25 | $22.1M | $180.9M | ||
| Q2 25 | $105.2M | $99.1M | ||
| Q1 25 | $-93.4M | $59.4M | ||
| Q4 24 | $52.3M | $942.0K | ||
| Q3 24 | $41.1M | $117.7M | ||
| Q2 24 | $86.3M | $137.3M | ||
| Q1 24 | $-68.8M | $82.8M |
自由现金流率CBZWWD
| Q4 25 | 26.1% | 7.1% | ||
| Q3 25 | 3.2% | 18.2% | ||
| Q2 25 | 15.4% | 10.8% | ||
| Q1 25 | -11.2% | 6.7% | ||
| Q4 24 | 11.4% | 0.1% | ||
| Q3 24 | 9.4% | 13.8% | ||
| Q2 24 | 20.5% | 16.2% | ||
| Q1 24 | -13.9% | 9.9% |
资本支出强度CBZWWD
| Q4 25 | 0.4% | 4.4% | ||
| Q3 25 | 0.3% | 5.3% | ||
| Q2 25 | 1.2% | 2.9% | ||
| Q1 25 | 0.6% | 2.1% | ||
| Q4 24 | 0.7% | 4.3% | ||
| Q3 24 | 0.6% | 2.8% | ||
| Q2 24 | 0.4% | 1.9% | ||
| Q1 24 | 1.0% | 1.7% |
现金转化率CBZWWD
| Q4 25 | — | 0.86× | ||
| Q3 25 | 0.79× | 1.70× | ||
| Q2 25 | 2.70× | 1.16× | ||
| Q1 25 | -0.72× | 0.71× | ||
| Q4 24 | — | 0.40× | ||
| Q3 24 | 1.25× | 1.70× | ||
| Q2 24 | 4.45× | 1.50× | ||
| Q1 24 | -0.83× | 1.00× |
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
CBZ
| Financial Services | $439.5M | 81% |
| Benefits And Insurance Services | $91.3M | 17% |
| National Practices | $11.9M | 2% |
WWD
| Transferred At Point In Time | $253.6M | 25% |
| Commercial OEM | $187.9M | 19% |
| Transportation | $166.3M | 17% |
| Defense OEM | $138.2M | 14% |
| Power Generation | $122.8M | 12% |
| Oil And Gas | $72.4M | 7% |
| Defense Aftermarket | $63.8M | 6% |
