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凯雷集团（CG）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是凯雷集团的2.0倍（$3.8B vs $1.9B），凯雷集团净利率更高（18.8% vs 1.5%，领先17.3%），凯雷集团同比增速更快（84.1% vs 2.7%），史丹利百得自由现金流更多（$-447.3M vs $-1.2B），过去两年凯雷集团的营收复合增速更高（66.2% vs -0.3%）
凯雷集团是美国知名跨国企业，核心业务涵盖私募股权投资、另类资产管理及金融服务领域。截至2023年，公司管理资产总规模达4260亿美元，是全球另类资管行业的重要参与者。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
CG vs SWK — 直观对比
营收规模更大
SWK
是对方的2.0倍
$1.9B
营收增速更快
CG
高出81.4%
2.7%
净利率更高
CG
高出17.3%
1.5%
自由现金流更多
SWK
多$789.8M
$-1.2B
两年增速更快
CG
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.8B |
| 净利润 | $358.1M | $59.6M |
| 毛利率 | — | 30.1% |
| 营业利润率 | 24.3% | 4.2% |
| 净利率 | 18.8% | 1.5% |
| 营收同比 | 84.1% | 2.7% |
| 净利润同比 | 69.8% | -34.1% |
| 每股收益（稀释后） | $0.96 | $0.39 |
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CGSWK
| Q1 26 | — | $3.8B | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | $332.7M | $3.8B | ||
| Q2 25 | $1.6B | $3.9B | ||
| Q1 25 | $973.1M | $3.7B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $2.6B | $3.8B | ||
| Q2 24 | $1.1B | $4.0B |
净利润CGSWK
| Q1 26 | — | $59.6M | ||
| Q4 25 | $358.1M | — | ||
| Q3 25 | $900.0K | $51.4M | ||
| Q2 25 | $319.7M | $101.9M | ||
| Q1 25 | $130.0M | $90.4M | ||
| Q4 24 | $210.9M | $194.9M | ||
| Q3 24 | $595.7M | $91.1M | ||
| Q2 24 | $148.2M | $-11.2M |
毛利率CGSWK
| Q1 26 | — | 30.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% |
营业利润率CGSWK
| Q1 26 | — | 4.2% | ||
| Q4 25 | 24.3% | — | ||
| Q3 25 | 25.8% | — | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 25.7% | 3.4% | ||
| Q3 24 | 29.9% | 10.6% | ||
| Q2 24 | 20.5% | 9.5% |
净利率CGSWK
| Q1 26 | — | 1.5% | ||
| Q4 25 | 18.8% | — | ||
| Q3 25 | 0.3% | 1.4% | ||
| Q2 25 | 20.3% | 2.6% | ||
| Q1 25 | 13.4% | 2.4% | ||
| Q4 24 | 20.4% | 5.2% | ||
| Q3 24 | 22.6% | 2.4% | ||
| Q2 24 | 13.9% | -0.3% |
每股收益（稀释后）CGSWK
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.96 | — | ||
| Q3 25 | $0.00 | $0.34 | ||
| Q2 25 | $0.87 | $0.67 | ||
| Q1 25 | $0.35 | $0.60 | ||
| Q4 24 | $0.56 | $1.29 | ||
| Q3 24 | $1.63 | $0.60 | ||
| Q2 24 | $0.40 | $-0.07 |
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 | $2.0B | $333.7M |
| 总债务越低越好 | — | $6.4B |
| 股东权益账面价值 | $7.1B | — |
| 总资产 | $29.1B | $21.6B |
| 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CGSWK
| Q1 26 | — | $333.7M | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.2B | $268.3M | ||
| Q2 25 | $1.3B | $311.8M | ||
| Q1 25 | $1.2B | $344.8M | ||
| Q4 24 | $1.3B | $290.5M | ||
| Q3 24 | $1.4B | $298.7M | ||
| Q2 24 | $914.8M | $318.5M |
总债务CGSWK
| Q1 26 | — | $6.4B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B |
股东权益CGSWK
| Q1 26 | — | — | ||
| Q4 25 | $7.1B | — | ||
| Q3 25 | $6.8B | $9.0B | ||
| Q2 25 | $6.7B | $9.1B | ||
| Q1 25 | $6.4B | $8.8B | ||
| Q4 24 | $6.3B | $8.7B | ||
| Q3 24 | $6.3B | $8.9B | ||
| Q2 24 | $5.7B | $8.7B |
总资产CGSWK
| Q1 26 | — | $21.6B | ||
| Q4 25 | $29.1B | — | ||
| Q3 25 | $27.1B | $21.8B | ||
| Q2 25 | $25.1B | $22.5B | ||
| Q1 25 | $24.1B | $22.5B | ||
| Q4 24 | $23.1B | $21.8B | ||
| Q3 24 | $22.7B | $22.5B | ||
| Q2 24 | $22.3B | $22.5B |
负债/权益比CGSWK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× |
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 | $-1.2B | $-388.8M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $-447.3M |
| 自由现金流率自由现金流/营收 | -65.1% | -11.6% |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | -3.34× | -6.52× |
| 过去12个月自由现金流最近4个季度 | $-3.4B | $-642.3M |
8季度趋势，按日历期对齐
经营现金流CGSWK
| Q1 26 | — | $-388.8M | ||
| Q4 25 | $-1.2B | — | ||
| Q3 25 | $-1.6B | $221.2M | ||
| Q2 25 | $-168.8M | $214.3M | ||
| Q1 25 | $-352.1M | $-420.0M | ||
| Q4 24 | $-352.8M | $679.1M | ||
| Q3 24 | $791.9M | $285.8M | ||
| Q2 24 | $-1.3B | $573.0M |
自由现金流CGSWK
| Q1 26 | — | $-447.3M | ||
| Q4 25 | $-1.2B | — | ||
| Q3 25 | $-1.6B | $155.3M | ||
| Q2 25 | $-186.3M | $134.7M | ||
| Q1 25 | $-368.8M | $-485.0M | ||
| Q4 24 | $-379.5M | $564.6M | ||
| Q3 24 | $772.8M | $199.3M | ||
| Q2 24 | $-1.3B | $485.8M |
自由现金流率CGSWK
| Q1 26 | — | -11.6% | ||
| Q4 25 | -65.1% | — | ||
| Q3 25 | -475.7% | 4.1% | ||
| Q2 25 | -11.8% | 3.4% | ||
| Q1 25 | -37.9% | -13.0% | ||
| Q4 24 | -36.8% | 15.2% | ||
| Q3 24 | 29.3% | 5.3% | ||
| Q2 24 | -120.4% | 12.1% |
资本支出强度CGSWK
| Q1 26 | — | — | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 7.0% | 1.8% | ||
| Q2 25 | 1.1% | 2.0% | ||
| Q1 25 | 1.7% | 1.7% | ||
| Q4 24 | 2.6% | 3.1% | ||
| Q3 24 | 0.7% | 2.3% | ||
| Q2 24 | 1.7% | 2.2% |
现金转化率CGSWK
| Q1 26 | — | -6.52× | ||
| Q4 25 | -3.34× | — | ||
| Q3 25 | -1732.78× | 4.30× | ||
| Q2 25 | -0.53× | 2.10× | ||
| Q1 25 | -2.71× | -4.65× | ||
| Q4 24 | -1.67× | 3.48× | ||
| Q3 24 | 1.33× | 3.14× | ||
| Q2 24 | -8.57× | — |
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
CG
| Fund Management Fee | $606.8M | 32% |
| Other | $528.7M | 28% |
| Global Private Equity Segment | $307.3M | 16% |
| Global Credit Segment | $238.0M | 13% |
| Carlyle Alp Invest Segment | $124.6M | 7% |
| Incentive Fee | $55.4M | 3% |
| Fee Related Performance Revenues | $29.2M | 2% |
| Investment Advice | $11.1M | 1% |
SWK
暂无分部数据
