vs
Clearwater Paper Corp（CLW）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是Clearwater Paper Corp的1.1倍（$404.2M vs $360.3M），Regency Centers净利率更高（50.1% vs -3.6%，领先53.6%），Regency Centers同比增速更快（8.5% vs -4.7%），过去两年Regency Centers的营收复合增速更高（5.4% vs 2.3%）
净水纸业公司是美国的一家纸浆与纸板制造商，总部位于华盛顿州斯波坎。公司于2008年12月9日从波特拉奇公司分拆设立，专注于纸浆及纸板产品的研发生产与销售，是北美地区该领域颇具影响力的生产企业。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
CLW vs REG — 直观对比
营收规模更大
REG
是对方的1.1倍
$360.3M
营收增速更快
REG
高出13.2%
-4.7%
净利率更高
REG
高出53.6%
-3.6%
两年增速更快
REG
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $360.3M | $404.2M |
| 净利润 | $-12.8M | $202.5M |
| 毛利率 | -0.2% | — |
| 营业利润率 | — | 71.0% |
| 净利率 | -3.6% | 50.1% |
| 营收同比 | -4.7% | 8.5% |
| 净利润同比 | -103.2% | 134.1% |
| 每股收益（稀释后） | — | — |
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CLWREG
| Q1 26 | $360.3M | — | ||
| Q4 25 | $386.4M | $404.2M | ||
| Q3 25 | $399.0M | $387.6M | ||
| Q2 25 | $391.8M | $380.8M | ||
| Q1 25 | $378.2M | $380.9M | ||
| Q4 24 | $387.1M | $372.5M | ||
| Q3 24 | $393.3M | $360.3M | ||
| Q2 24 | $344.4M | $357.3M |
净利润CLWREG
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $202.5M | ||
| Q3 25 | $-53.3M | $109.4M | ||
| Q2 25 | $2.7M | $106.0M | ||
| Q1 25 | $-6.3M | $109.6M | ||
| Q4 24 | $199.1M | $86.5M | ||
| Q3 24 | $5.8M | $101.5M | ||
| Q2 24 | $-25.8M | $102.7M |
毛利率CLWREG
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 11.0% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 7.7% | — | ||
| Q2 24 | -0.6% | — |
营业利润率CLWREG
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 71.0% | ||
| Q3 25 | -13.9% | 72.7% | ||
| Q2 25 | 2.5% | 73.8% | ||
| Q1 25 | -1.1% | 71.8% | ||
| Q4 24 | -4.0% | 71.1% | ||
| Q3 24 | -0.3% | 72.5% | ||
| Q2 24 | -13.6% | 72.3% |
净利率CLWREG
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | 50.1% | ||
| Q3 25 | -13.4% | 28.2% | ||
| Q2 25 | 0.7% | 27.8% | ||
| Q1 25 | -1.7% | 28.8% | ||
| Q4 24 | 51.4% | 23.2% | ||
| Q3 24 | 1.5% | 28.2% | ||
| Q2 24 | -7.5% | 28.7% |
每股收益（稀释后）CLWREG
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | — | ||
| Q3 25 | $-3.30 | — | ||
| Q2 25 | $0.17 | — | ||
| Q1 25 | $-0.38 | — | ||
| Q4 24 | $11.87 | — | ||
| Q3 24 | $0.35 | — | ||
| Q2 24 | $-1.55 | — |
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 | $36.5M | — |
| 总债务越低越好 | $361.1M | $4.7B |
| 股东权益账面价值 | $813.8M | $6.9B |
| 总资产 | $1.6B | $13.0B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资CLWREG
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.7M | — | ||
| Q1 25 | $44.0M | — | ||
| Q4 24 | $79.6M | — | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $39.6M | — |
总债务CLWREG
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $4.7B | ||
| Q3 25 | $337.0M | $4.9B | ||
| Q2 25 | $330.1M | $4.8B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | $283.4M | $4.4B | ||
| Q3 24 | $1.2B | $4.4B | ||
| Q2 24 | $1.1B | $4.4B |
股东权益CLWREG
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $6.9B | ||
| Q3 25 | $783.0M | $6.8B | ||
| Q2 25 | $836.8M | $6.7B | ||
| Q1 25 | $836.6M | $6.7B | ||
| Q4 24 | $854.6M | $6.7B | ||
| Q3 24 | $664.6M | $6.8B | ||
| Q2 24 | $658.6M | $6.8B |
总资产CLWREG
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $13.0B | ||
| Q3 25 | $1.6B | $13.1B | ||
| Q2 25 | $1.6B | $12.7B | ||
| Q1 25 | $1.6B | $12.6B | ||
| Q4 24 | $1.7B | $12.4B | ||
| Q3 24 | $2.5B | $12.4B | ||
| Q2 24 | $2.5B | $12.4B |
负债/权益比CLWREG
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.69× | ||
| Q3 25 | 0.43× | 0.72× | ||
| Q2 25 | 0.39× | 0.72× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | 0.33× | 0.66× | ||
| Q3 24 | 1.73× | 0.65× | ||
| Q2 24 | 1.74× | 0.64× |
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 | — | $203.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CLWREG
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $203.9M | ||
| Q3 25 | $34.0M | $218.7M | ||
| Q2 25 | $-28.2M | $244.0M | ||
| Q1 25 | $1.5M | $161.0M | ||
| Q4 24 | $-35.1M | $191.4M | ||
| Q3 24 | $16.2M | $227.6M | ||
| Q2 24 | $21.1M | $203.5M |
自由现金流CLWREG
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | — | ||
| Q3 25 | $15.7M | — | ||
| Q2 25 | $-51.1M | — | ||
| Q1 25 | $-31.2M | — | ||
| Q4 24 | $-68.1M | — | ||
| Q3 24 | $-30.8M | — | ||
| Q2 24 | $3.0M | — |
自由现金流率CLWREG
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | -13.0% | — | ||
| Q1 25 | -8.2% | — | ||
| Q4 24 | -17.6% | — | ||
| Q3 24 | -7.8% | — | ||
| Q2 24 | 0.9% | — |
资本支出强度CLWREG
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | 5.3% | — |
现金转化率CLWREG
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | -10.44× | 2.30× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | -0.18× | 2.21× | ||
| Q3 24 | 2.79× | 2.24× | ||
| Q2 24 | — | 1.98× |
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
CLW
暂无分部数据
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
