vs
Clarus Corp（CLAR）与合众银行（FSBC）财务数据对比。点击上方公司名可切换其他公司
Clarus Corp的季度营收约是合众银行的1.5倍（$65.4M vs $45.1M），合众银行净利率更高（41.3% vs -47.8%，领先89.1%），过去两年合众银行的营收复合增速更高（21.3% vs -2.9%）
Clarus Corp是一家全球性企业，主营高性能户外休闲、登山、露营及生活方式产品的设计、生产与分销，旗下拥有多个知名消费品牌，为北美、欧洲及亚太地区的户外爱好者、专业运动员和零售合作伙伴提供创新耐用的运动装备。
合众银行是总部设在美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的银行。它旗下核心运营实体为美国银行全国协会，以US Bank品牌开展业务，提供银行、投资、抵押等金融服务。
CLAR vs FSBC — 直观对比
营收规模更大
CLAR
是对方的1.5倍
$45.1M
净利率更高
FSBC
高出89.1%
-47.8%
两年增速更快
FSBC
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $65.4M | $45.1M |
| 净利润 | $-31.3M | $18.6M |
| 毛利率 | 27.7% | — |
| 营业利润率 | -59.6% | — |
| 净利率 | -47.8% | 41.3% |
| 营收同比 | -8.4% | — |
| 净利润同比 | 52.3% | 42.0% |
| 每股收益（稀释后） | $-0.81 | $0.87 |
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CLARFSBC
| Q1 26 | — | $45.1M | ||
| Q4 25 | $65.4M | $43.5M | ||
| Q3 25 | $69.3M | $41.3M | ||
| Q2 25 | $55.2M | $38.3M | ||
| Q1 25 | $60.4M | $35.3M | ||
| Q4 24 | $71.4M | $35.2M | ||
| Q3 24 | $67.1M | $31.8M | ||
| Q2 24 | $56.5M | $30.7M |
净利润CLARFSBC
| Q1 26 | — | $18.6M | ||
| Q4 25 | $-31.3M | $17.6M | ||
| Q3 25 | $-1.6M | $16.3M | ||
| Q2 25 | $-8.4M | $14.5M | ||
| Q1 25 | $-5.2M | $13.1M | ||
| Q4 24 | $-65.5M | $13.3M | ||
| Q3 24 | $-3.2M | $10.9M | ||
| Q2 24 | $-5.5M | $10.8M |
毛利率CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | 27.7% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 36.1% | — |
营业利润率CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | -59.6% | 52.9% | ||
| Q3 25 | -4.4% | 53.8% | ||
| Q2 25 | -19.7% | 52.4% | ||
| Q1 25 | -11.2% | 52.0% | ||
| Q4 24 | -70.2% | 55.1% | ||
| Q3 24 | -8.0% | 48.0% | ||
| Q2 24 | -14.4% | 49.4% |
净利率CLARFSBC
| Q1 26 | — | 41.3% | ||
| Q4 25 | -47.8% | 40.6% | ||
| Q3 25 | -2.3% | 39.6% | ||
| Q2 25 | -15.3% | 37.9% | ||
| Q1 25 | -8.7% | 37.1% | ||
| Q4 24 | -91.8% | 37.9% | ||
| Q3 24 | -4.7% | 34.4% | ||
| Q2 24 | -9.7% | 35.2% |
每股收益（稀释后）CLARFSBC
| Q1 26 | — | $0.87 | ||
| Q4 25 | $-0.81 | $0.83 | ||
| Q3 25 | $-0.04 | $0.77 | ||
| Q2 25 | $-0.22 | $0.68 | ||
| Q1 25 | $-0.14 | $0.62 | ||
| Q4 24 | $-1.72 | $0.61 | ||
| Q3 24 | $-0.08 | $0.52 | ||
| Q2 24 | $-0.14 | $0.51 |
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 | $36.7M | $644.4M |
| 总债务越低越好 | $0 | — |
| 股东权益账面价值 | $196.4M | $458.5M |
| 总资产 | $249.0M | $5.0B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资CLARFSBC
| Q1 26 | — | $644.4M | ||
| Q4 25 | $36.7M | — | ||
| Q3 25 | $29.5M | — | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $41.3M | — | ||
| Q4 24 | $45.4M | — | ||
| Q3 24 | $36.4M | — | ||
| Q2 24 | $46.2M | — |
总债务CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CLARFSBC
| Q1 26 | — | $458.5M | ||
| Q4 25 | $196.4M | $445.8M | ||
| Q3 25 | $225.8M | $431.3M | ||
| Q2 25 | $225.1M | $416.7M | ||
| Q1 25 | $229.3M | $406.5M | ||
| Q4 24 | $233.1M | $396.6M | ||
| Q3 24 | $308.5M | $389.9M | ||
| Q2 24 | $307.3M | $380.5M |
总资产CLARFSBC
| Q1 26 | — | $5.0B | ||
| Q4 25 | $249.0M | $4.8B | ||
| Q3 25 | $283.1M | $4.6B | ||
| Q2 25 | $286.5M | $4.4B | ||
| Q1 25 | $292.8M | $4.2B | ||
| Q4 24 | $294.1M | $4.1B | ||
| Q3 24 | $375.3M | $3.9B | ||
| Q2 24 | $369.4M | $3.6B |
负债/权益比CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $12.5M | — |
| 自由现金流经营现金流 - 资本支出 | $11.6M | — |
| 自由现金流率自由现金流/营收 | 17.7% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-9.9M | — |
8季度趋势，按日历期对齐
经营现金流CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | $12.5M | $72.6M | ||
| Q3 25 | $-5.7M | $18.8M | ||
| Q2 25 | $-9.4M | $17.8M | ||
| Q1 25 | $-2.1M | $15.5M | ||
| Q4 24 | $16.6M | $51.8M | ||
| Q3 24 | $-8.3M | $17.5M | ||
| Q2 24 | $834.0K | $16.0M |
自由现金流CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | $11.6M | $71.4M | ||
| Q3 25 | $-7.0M | $18.6M | ||
| Q2 25 | $-11.3M | $17.5M | ||
| Q1 25 | $-3.3M | $15.4M | ||
| Q4 24 | $14.4M | $51.2M | ||
| Q3 24 | $-9.4M | $17.3M | ||
| Q2 24 | $-744.0K | $15.8M |
自由现金流率CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | 17.7% | 164.3% | ||
| Q3 25 | -10.0% | 45.0% | ||
| Q2 25 | -20.4% | 45.8% | ||
| Q1 25 | -5.4% | 43.5% | ||
| Q4 24 | 20.1% | 145.5% | ||
| Q3 24 | -14.0% | 54.5% | ||
| Q2 24 | -1.3% | 51.6% |
资本支出强度CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 2.8% | ||
| Q3 25 | 1.8% | 0.5% | ||
| Q2 25 | 3.4% | 0.6% | ||
| Q1 25 | 2.0% | 0.3% | ||
| Q4 24 | 3.1% | 1.8% | ||
| Q3 24 | 1.6% | 0.7% | ||
| Q2 24 | 2.8% | 0.7% |
现金转化率CLARFSBC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.12× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 3.89× | ||
| Q3 24 | — | 1.60× | ||
| Q2 24 | — | 1.49× |
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
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
FSBC
| Net Interest Income | $43.5M | 96% |
| Noninterest Income | $1.6M | 4% |
