vs
Clearwater Paper Corp（CLW）与Safe Pro Group Inc.（SPAI）财务数据对比。点击上方公司名可切换其他公司
Clearwater Paper Corp的季度营收约是Safe Pro Group Inc.的1.6倍（$360.3K vs $227.7K），Clearwater Paper Corp净利率更高（-3.6% vs -1507.6%，领先1504.0%）
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。
CLW vs SPAI — 直观对比
营收规模更大
CLW
是对方的1.6倍
$227.7K
净利率更高
CLW
高出1504.0%
-1507.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $360.3K | $227.7K |
| 净利润 | $-12.8K | $-3.4M |
| 毛利率 | -0.2% | 33.1% |
| 营业利润率 | — | -1936.2% |
| 净利率 | -3.6% | -1507.6% |
| 营收同比 | -4.7% | — |
| 净利润同比 | -103.2% | — |
| 每股收益（稀释后） | — | $-0.16 |
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CLWSPAI
| Q1 26 | $360.3K | — | ||
| Q4 25 | $386.4M | $227.7K | ||
| Q3 25 | $399.0M | $101.4K | ||
| Q2 25 | $391.8M | $92.8K | ||
| Q1 25 | $378.2M | $184.8K | ||
| Q4 24 | $387.1M | — | ||
| Q3 24 | $393.3M | $330.8K | ||
| Q2 24 | $344.4M | $643.0K |
净利润CLWSPAI
| Q1 26 | $-12.8K | — | ||
| Q4 25 | $38.3M | $-3.4M | ||
| Q3 25 | $-53.3M | $-5.0M | ||
| Q2 25 | $2.7M | $-1.9M | ||
| Q1 25 | $-6.3M | $-4.0M | ||
| Q4 24 | $199.1M | — | ||
| Q3 24 | $5.8M | $-3.7M | ||
| Q2 24 | $-25.8M | $-1.2M |
毛利率CLWSPAI
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 33.1% | ||
| Q3 25 | 4.7% | 33.1% | ||
| Q2 25 | 11.0% | 34.0% | ||
| Q1 25 | 9.7% | 33.3% | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 7.7% | 40.6% | ||
| Q2 24 | -0.6% | 28.7% |
营业利润率CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | -1936.2% | ||
| Q3 25 | -13.9% | -4148.6% | ||
| Q2 25 | 2.5% | -2073.6% | ||
| Q1 25 | -1.1% | -2167.6% | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -0.3% | -1070.9% | ||
| Q2 24 | -13.6% | -174.6% |
净利率CLWSPAI
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | -1507.6% | ||
| Q3 25 | -13.4% | -4940.1% | ||
| Q2 25 | 0.7% | -2064.1% | ||
| Q1 25 | -1.7% | -2145.5% | ||
| Q4 24 | 51.4% | — | ||
| Q3 24 | 1.5% | -1114.3% | ||
| Q2 24 | -7.5% | -188.9% |
每股收益（稀释后）CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $-0.16 | ||
| Q3 25 | $-3.30 | $-0.29 | ||
| Q2 25 | $0.17 | $-0.13 | ||
| Q1 25 | $-0.38 | $-0.27 | ||
| Q4 24 | $11.87 | — | ||
| Q3 24 | $0.35 | $-0.34 | ||
| Q2 24 | $-1.55 | $-0.14 |
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 | $146.0K |
| 股东权益账面价值 | $813.8M | $17.7M |
| 总资产 | $1.6B | $19.1M |
| 负债/权益比越低杠杆越低 | 0.44× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资CLWSPAI
| 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CLWSPAI
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $146.0K | ||
| Q3 25 | $337.0M | $146.0K | ||
| Q2 25 | $330.1M | $146.0K | ||
| Q1 25 | — | $146.0K | ||
| Q4 24 | $283.4M | — | ||
| Q3 24 | $1.2B | $146.0K | ||
| Q2 24 | $1.1B | $256.0K |
股东权益CLWSPAI
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $17.7M | ||
| Q3 25 | $783.0M | $8.4M | ||
| Q2 25 | $836.8M | $2.6M | ||
| Q1 25 | $836.6M | $2.6M | ||
| Q4 24 | $854.6M | — | ||
| Q3 24 | $664.6M | $4.2M | ||
| Q2 24 | $658.6M | $531.4K |
总资产CLWSPAI
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $19.1M | ||
| Q3 25 | $1.6B | $9.7M | ||
| Q2 25 | $1.6B | $3.5M | ||
| Q1 25 | $1.6B | $3.7M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $2.5B | $5.5M | ||
| Q2 24 | $2.5B | $3.0M |
负债/权益比CLWSPAI
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.01× | ||
| Q3 25 | 0.43× | 0.02× | ||
| Q2 25 | 0.39× | 0.06× | ||
| Q1 25 | — | 0.06× | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 1.73× | 0.03× | ||
| Q2 24 | 1.74× | 0.48× |
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 | — | $-2.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-2.7M |
| 自由现金流率自由现金流/营收 | — | -1181.2% |
| 资本支出强度资本支出/营收 | — | 10.0% |
| 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 | — | $-6.3M |
8季度趋势，按日历期对齐
经营现金流CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $-2.7M | ||
| Q3 25 | $34.0M | $-1.6M | ||
| Q2 25 | $-28.2M | $-1.0M | ||
| Q1 25 | $1.5M | $-941.8K | ||
| Q4 24 | $-35.1M | — | ||
| Q3 24 | $16.2M | $-1.9M | ||
| Q2 24 | $21.1M | — |
自由现金流CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $-2.7M | ||
| Q3 25 | $15.7M | $-1.6M | ||
| Q2 25 | $-51.1M | $-1.0M | ||
| Q1 25 | $-31.2M | $-960.0K | ||
| Q4 24 | $-68.1M | — | ||
| Q3 24 | $-30.8M | $-1.9M | ||
| Q2 24 | $3.0M | — |
自由现金流率CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | -1181.2% | ||
| Q3 25 | 3.9% | -1579.6% | ||
| Q2 25 | -13.0% | -1092.7% | ||
| Q1 25 | -8.2% | -519.5% | ||
| Q4 24 | -17.6% | — | ||
| Q3 24 | -7.8% | -577.0% | ||
| Q2 24 | 0.9% | — |
资本支出强度CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 10.0% | ||
| Q3 25 | 4.6% | 4.9% | ||
| Q2 25 | 5.8% | 3.0% | ||
| Q1 25 | 8.6% | 9.9% | ||
| Q4 24 | 8.5% | — | ||
| Q3 24 | 12.0% | 0.9% | ||
| Q2 24 | 5.3% | — |
现金转化率CLWSPAI
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -10.44× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.18× | — | ||
| Q3 24 | 2.79× | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
