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科睿唯安（CLVT）与CASELLA WASTE SYSTEMS INC（CWST）财务数据对比。点击上方公司名可切换其他公司
科睿唯安的季度营收约是CASELLA WASTE SYSTEMS INC的1.1倍（$585.5M vs $557.2M），CASELLA WASTE SYSTEMS INC净利率更高（-1.0% vs -6.9%，领先5.9%），CASELLA WASTE SYSTEMS INC同比增速更快（9.6% vs -1.4%），科睿唯安自由现金流更多（$78.9M vs $30.7M），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（21.5% vs -5.1%）
科睿唯安是一家英美合资的上市分析服务企业，主要提供订阅制信息服务，覆盖文献计量、科学计量、商业与市场情报领域，同时为医药、生物科技行业提供专利、监管合规相关的竞争分析，也提供商标保护、域名与品牌保护服务，旗下Web of Science产品系列还负责计算学术期刊的影响因子。
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
CLVT vs CWST — 直观对比
营收规模更大
CLVT
是对方的1.1倍
$557.2M
营收增速更快
CWST
高出11.0%
-1.4%
净利率更高
CWST
高出5.9%
-6.9%
自由现金流更多
CLVT
多$48.2M
$30.7M
两年增速更快
CWST
近两年复合增速
-5.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $585.5M | $557.2M |
| 净利润 | $-40.2M | $-5.5M |
| 毛利率 | 67.2% | — |
| 营业利润率 | 5.2% | 0.9% |
| 净利率 | -6.9% | -1.0% |
| 营收同比 | -1.4% | 9.6% |
| 净利润同比 | 61.3% | -15.2% |
| 每股收益（稀释后） | $-0.06 | $-0.09 |
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CLVTCWST
| Q1 26 | $585.5M | $557.2M | ||
| Q4 25 | $617.0M | $469.1M | ||
| Q3 25 | $623.1M | $485.4M | ||
| Q2 25 | $621.4M | $465.3M | ||
| Q1 25 | $593.7M | $417.1M | ||
| Q4 24 | $663.0M | $427.5M | ||
| Q3 24 | $622.2M | $411.6M | ||
| Q2 24 | $650.3M | $377.2M |
净利润CLVTCWST
| Q1 26 | $-40.2M | $-5.5M | ||
| Q4 25 | $3.1M | $-2.5M | ||
| Q3 25 | $-28.3M | $10.0M | ||
| Q2 25 | $-72.0M | $5.2M | ||
| Q1 25 | $-103.9M | $-4.8M | ||
| Q4 24 | $-191.8M | $4.9M | ||
| Q3 24 | $-65.6M | $5.8M | ||
| Q2 24 | $-304.3M | $7.0M |
毛利率CLVTCWST
| Q1 26 | 67.2% | — | ||
| Q4 25 | 66.8% | 33.3% | ||
| Q3 25 | 65.0% | 35.0% | ||
| Q2 25 | 67.2% | 33.8% | ||
| Q1 25 | 65.1% | 32.8% | ||
| Q4 24 | 65.7% | 33.2% | ||
| Q3 24 | 66.2% | 35.1% | ||
| Q2 24 | 67.2% | 35.4% |
营业利润率CLVTCWST
| Q1 26 | 5.2% | 0.9% | ||
| Q4 25 | 6.7% | 2.5% | ||
| Q3 25 | 7.1% | 6.1% | ||
| Q2 25 | 1.1% | 4.1% | ||
| Q1 25 | -3.5% | 0.8% | ||
| Q4 24 | -9.4% | 4.3% | ||
| Q3 24 | 3.5% | 5.9% | ||
| Q2 24 | -36.9% | 6.1% |
净利率CLVTCWST
| Q1 26 | -6.9% | -1.0% | ||
| Q4 25 | 0.5% | -0.5% | ||
| Q3 25 | -4.5% | 2.1% | ||
| Q2 25 | -11.6% | 1.1% | ||
| Q1 25 | -17.5% | -1.2% | ||
| Q4 24 | -28.9% | 1.1% | ||
| Q3 24 | -10.5% | 1.4% | ||
| Q2 24 | -46.8% | 1.9% |
每股收益（稀释后）CLVTCWST
| Q1 26 | $-0.06 | $-0.09 | ||
| Q4 25 | $0.00 | $-0.04 | ||
| Q3 25 | $-0.04 | $0.16 | ||
| Q2 25 | $-0.11 | $0.08 | ||
| Q1 25 | $-0.15 | $-0.08 | ||
| Q4 24 | $-0.27 | $0.08 | ||
| Q3 24 | $-0.09 | $0.10 | ||
| Q2 24 | $-0.46 | $0.12 |
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 | — | $126.9M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $4.8B | $1.6B |
| 总资产 | $10.9B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.89× | — |
8季度趋势，按日历期对齐
现金及短期投资CLVTCWST
| Q1 26 | — | $126.9M | ||
| Q4 25 | $329.2M | $123.8M | ||
| Q3 25 | $318.7M | $192.7M | ||
| Q2 25 | $362.6M | $217.8M | ||
| Q1 25 | $354.0M | $267.7M | ||
| Q4 24 | $295.2M | $358.3M | ||
| Q3 24 | $388.5M | $519.0M | ||
| Q2 24 | $376.4M | $208.5M |
总债务CLVTCWST
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $1.1B | ||
| Q3 25 | $4.4B | $1.1B | ||
| Q2 25 | $4.5B | $1.1B | ||
| Q1 25 | $4.5B | $1.1B | ||
| Q4 24 | $4.5B | $1.1B | ||
| Q3 24 | $4.6B | $1.0B | ||
| Q2 24 | $4.6B | $976.6M |
股东权益CLVTCWST
| Q1 26 | $4.8B | $1.6B | ||
| Q4 25 | $4.8B | $1.6B | ||
| Q3 25 | $4.9B | $1.6B | ||
| Q2 25 | $5.0B | $1.6B | ||
| Q1 25 | $5.0B | $1.5B | ||
| Q4 24 | $5.1B | $1.6B | ||
| Q3 24 | $5.5B | $1.5B | ||
| Q2 24 | $5.6B | $1.0B |
总资产CLVTCWST
| Q1 26 | $10.9B | $3.3B | ||
| Q4 25 | $11.1B | $3.3B | ||
| Q3 25 | $11.2B | $3.3B | ||
| Q2 25 | $11.4B | $3.3B | ||
| Q1 25 | $11.5B | $3.2B | ||
| Q4 24 | $11.5B | $3.2B | ||
| Q3 24 | $12.0B | $3.1B | ||
| Q2 24 | $12.1B | $2.5B |
负债/权益比CLVTCWST
| Q1 26 | 0.89× | — | ||
| Q4 25 | 0.89× | 0.72× | ||
| Q3 25 | 0.90× | 0.72× | ||
| Q2 25 | 0.90× | 0.72× | ||
| Q1 25 | 0.90× | 0.72× | ||
| Q4 24 | 0.88× | 0.70× | ||
| Q3 24 | 0.84× | 0.68× | ||
| Q2 24 | 0.83× | 0.94× |
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 | $134.7M | $62.3M |
| 自由现金流经营现金流 - 资本支出 | $78.9M | $30.7M |
| 自由现金流率自由现金流/营收 | 13.5% | 5.5% |
| 资本支出强度资本支出/营收 | 9.5% | 9.0% |
| 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 | $333.9M | $120.7M |
8季度趋势，按日历期对齐
经营现金流CLVTCWST
| Q1 26 | $134.7M | $62.3M | ||
| Q4 25 | $159.9M | $96.6M | ||
| Q3 25 | $181.1M | $93.6M | ||
| Q2 25 | $116.3M | $89.5M | ||
| Q1 25 | $171.2M | $50.1M | ||
| Q4 24 | $141.3M | $109.8M | ||
| Q3 24 | $202.9M | $91.8M | ||
| Q2 24 | $126.2M | $72.1M |
自由现金流CLVTCWST
| Q1 26 | $78.9M | $30.7M | ||
| Q4 25 | $89.2M | $39.3M | ||
| Q3 25 | $115.5M | $27.6M | ||
| Q2 25 | $50.3M | $23.1M | ||
| Q1 25 | $110.3M | $-5.4M | ||
| Q4 24 | $59.1M | $32.9M | ||
| Q3 24 | $126.3M | $40.4M | ||
| Q2 24 | $60.3M | $27.5M |
自由现金流率CLVTCWST
| Q1 26 | 13.5% | 5.5% | ||
| Q4 25 | 14.5% | 8.4% | ||
| Q3 25 | 18.5% | 5.7% | ||
| Q2 25 | 8.1% | 5.0% | ||
| Q1 25 | 18.6% | -1.3% | ||
| Q4 24 | 8.9% | 7.7% | ||
| Q3 24 | 20.3% | 9.8% | ||
| Q2 24 | 9.3% | 7.3% |
资本支出强度CLVTCWST
| Q1 26 | 9.5% | 9.0% | ||
| Q4 25 | 11.5% | 12.2% | ||
| Q3 25 | 10.5% | 13.6% | ||
| Q2 25 | 10.6% | 14.3% | ||
| Q1 25 | 10.3% | 13.3% | ||
| Q4 24 | 12.4% | 18.0% | ||
| Q3 24 | 12.3% | 12.5% | ||
| Q2 24 | 10.1% | 11.8% |
现金转化率CLVTCWST
| Q1 26 | — | — | ||
| Q4 25 | 51.58× | — | ||
| Q3 25 | — | 9.37× | ||
| Q2 25 | — | 17.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 22.51× | ||
| Q3 24 | — | 15.91× | ||
| Q2 24 | — | 10.29× |
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
CLVT
| Subscription | $397.5M | 68% |
| Re-occurring | $108.6M | 19% |
| Transactional | $79.4M | 14% |
CWST
| Collection | $334.8M | 60% |
| Transfer station | $65.9M | 12% |
| Processing (ii) | $49.0M | 9% |
| Landfill | $48.0M | 9% |
| National Accounts (ii) | $45.6M | 8% |
| Transportation | $8.2M | 1% |
| Landfill gas-to-energy | $2.9M | 1% |
