vs
Clearwater Paper Corp（CLW）与Tyler Technologies（TYL）财务数据对比。点击上方公司名可切换其他公司
Tyler Technologies的季度营收约是Clearwater Paper Corp的1.7倍（$613.5M vs $360.3M），Tyler Technologies净利率更高（13.2% vs -3.6%，领先16.8%），Tyler Technologies同比增速更快（8.6% vs -4.7%），过去两年Tyler Technologies的营收复合增速更高（6.5% 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。
Tyler Technologies, Inc.是总部位于美国得克萨斯州普莱诺的科技企业，主营面向美国公共部门提供自研专有软件，目前在全美17个州设有办事处，另在加拿大安大略省多伦多市设有一处办公网点。
CLW vs TYL — 直观对比
营收规模更大
TYL
是对方的1.7倍
$360.3M
营收增速更快
TYL
高出13.3%
-4.7%
净利率更高
TYL
高出16.8%
-3.6%
两年增速更快
TYL
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $360.3M | $613.5M |
| 净利润 | $-12.8M | $81.2M |
| 毛利率 | -0.2% | 48.3% |
| 营业利润率 | — | 16.3% |
| 净利率 | -3.6% | 13.2% |
| 营收同比 | -4.7% | 8.6% |
| 净利润同比 | -103.2% | — |
| 每股收益（稀释后） | — | $1.88 |
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CLWTYL
| Q1 26 | $360.3M | $613.5M | ||
| Q4 25 | $386.4M | $575.2M | ||
| Q3 25 | $399.0M | $595.9M | ||
| Q2 25 | $391.8M | $596.1M | ||
| Q1 25 | $378.2M | $565.2M | ||
| Q4 24 | $387.1M | $541.1M | ||
| Q3 24 | $393.3M | $543.3M | ||
| Q2 24 | $344.4M | $541.0M |
净利润CLWTYL
| Q1 26 | $-12.8M | $81.2M | ||
| Q4 25 | $38.3M | $65.5M | ||
| Q3 25 | $-53.3M | $84.4M | ||
| Q2 25 | $2.7M | $84.6M | ||
| Q1 25 | $-6.3M | $81.1M | ||
| Q4 24 | $199.1M | $65.2M | ||
| Q3 24 | $5.8M | $75.9M | ||
| Q2 24 | $-25.8M | $67.7M |
毛利率CLWTYL
| Q1 26 | -0.2% | 48.3% | ||
| Q4 25 | 4.5% | 45.5% | ||
| Q3 25 | 4.7% | 47.2% | ||
| Q2 25 | 11.0% | 45.8% | ||
| Q1 25 | 9.7% | 47.3% | ||
| Q4 24 | 3.8% | 43.8% | ||
| Q3 24 | 7.7% | 43.7% | ||
| Q2 24 | -0.6% | 44.0% |
营业利润率CLWTYL
| Q1 26 | — | 16.3% | ||
| Q4 25 | 1.9% | 13.0% | ||
| Q3 25 | -13.9% | 16.4% | ||
| Q2 25 | 2.5% | 16.0% | ||
| Q1 25 | -1.1% | 15.8% | ||
| Q4 24 | -4.0% | 13.2% | ||
| Q3 24 | -0.3% | 15.2% | ||
| Q2 24 | -13.6% | 14.4% |
净利率CLWTYL
| Q1 26 | -3.6% | 13.2% | ||
| Q4 25 | 9.9% | 11.4% | ||
| Q3 25 | -13.4% | 14.2% | ||
| Q2 25 | 0.7% | 14.2% | ||
| Q1 25 | -1.7% | 14.3% | ||
| Q4 24 | 51.4% | 12.1% | ||
| Q3 24 | 1.5% | 14.0% | ||
| Q2 24 | -7.5% | 12.5% |
每股收益（稀释后）CLWTYL
| Q1 26 | — | $1.88 | ||
| Q4 25 | $2.36 | $1.50 | ||
| Q3 25 | $-3.30 | $1.93 | ||
| Q2 25 | $0.17 | $1.93 | ||
| Q1 25 | $-0.38 | $1.84 | ||
| Q4 24 | $11.87 | $1.48 | ||
| Q3 24 | $0.35 | $1.74 | ||
| Q2 24 | $-1.55 | $1.57 |
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 | $346.4M |
| 总债务越低越好 | $361.1M | — |
| 股东权益账面价值 | $813.8M | $3.6B |
| 总资产 | $1.6B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.44× | — |
8季度趋势，按日历期对齐
现金及短期投资CLWTYL
| Q1 26 | $36.5M | $346.4M | ||
| Q4 25 | $30.7M | $1.1B | ||
| Q3 25 | $34.4M | $950.8M | ||
| Q2 25 | $46.7M | $892.3M | ||
| Q1 25 | $44.0M | $807.4M | ||
| Q4 24 | $79.6M | $768.0M | ||
| Q3 24 | $35.5M | $544.3M | ||
| Q2 24 | $39.6M | $258.0M |
总债务CLWTYL
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $599.7M | ||
| Q3 25 | $337.0M | $599.2M | ||
| Q2 25 | $330.1M | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | $283.4M | $597.9M | ||
| Q3 24 | $1.2B | $597.5M | ||
| Q2 24 | $1.1B | $597.1M |
股东权益CLWTYL
| Q1 26 | $813.8M | $3.6B | ||
| Q4 25 | $825.3M | $3.7B | ||
| Q3 25 | $783.0M | $3.6B | ||
| Q2 25 | $836.8M | $3.6B | ||
| Q1 25 | $836.6M | $3.5B | ||
| Q4 24 | $854.6M | $3.4B | ||
| Q3 24 | $664.6M | $3.3B | ||
| Q2 24 | $658.6M | $3.1B |
总资产CLWTYL
| Q1 26 | $1.6B | $4.8B | ||
| Q4 25 | $1.6B | $5.6B | ||
| Q3 25 | $1.6B | $5.5B | ||
| Q2 25 | $1.6B | $5.4B | ||
| Q1 25 | $1.6B | $5.2B | ||
| Q4 24 | $1.7B | $5.2B | ||
| Q3 24 | $2.5B | $5.0B | ||
| Q2 24 | $2.5B | $4.8B |
负债/权益比CLWTYL
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.16× | ||
| Q3 25 | 0.43× | 0.17× | ||
| Q2 25 | 0.39× | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | 0.33× | 0.18× | ||
| Q3 24 | 1.73× | 0.18× | ||
| Q2 24 | 1.74× | 0.19× |
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 | — | $107.3M |
| 自由现金流经营现金流 - 资本支出 | — | $2.0M |
| 自由现金流率自由现金流/营收 | — | 0.3% |
| 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 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | $585.7M |
8季度趋势，按日历期对齐
经营现金流CLWTYL
| Q1 26 | — | $107.3M | ||
| Q4 25 | $5.0M | $243.9M | ||
| Q3 25 | $34.0M | $255.2M | ||
| Q2 25 | $-28.2M | $98.3M | ||
| Q1 25 | $1.5M | $56.2M | ||
| Q4 24 | $-35.1M | $224.8M | ||
| Q3 24 | $16.2M | $263.7M | ||
| Q2 24 | $21.1M | $64.3M |
自由现金流CLWTYL
| Q1 26 | — | $2.0M | ||
| Q4 25 | $-9.9M | $239.6M | ||
| Q3 25 | $15.7M | $251.3M | ||
| Q2 25 | $-51.1M | $92.8M | ||
| Q1 25 | $-31.2M | $53.8M | ||
| Q4 24 | $-68.1M | $221.0M | ||
| Q3 24 | $-30.8M | $260.8M | ||
| Q2 24 | $3.0M | $57.7M |
自由现金流率CLWTYL
| Q1 26 | — | 0.3% | ||
| Q4 25 | -2.6% | 41.7% | ||
| Q3 25 | 3.9% | 42.2% | ||
| Q2 25 | -13.0% | 15.6% | ||
| Q1 25 | -8.2% | 9.5% | ||
| Q4 24 | -17.6% | 40.8% | ||
| Q3 24 | -7.8% | 48.0% | ||
| Q2 24 | 0.9% | 10.7% |
资本支出强度CLWTYL
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 0.8% | ||
| Q3 25 | 4.6% | 0.7% | ||
| Q2 25 | 5.8% | 0.9% | ||
| Q1 25 | 8.6% | 0.4% | ||
| Q4 24 | 8.5% | 0.7% | ||
| Q3 24 | 12.0% | 0.5% | ||
| Q2 24 | 5.3% | 1.2% |
现金转化率CLWTYL
| Q1 26 | — | 1.32× | ||
| Q4 25 | 0.13× | 3.72× | ||
| Q3 25 | — | 3.02× | ||
| Q2 25 | -10.44× | 1.16× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | -0.18× | 3.45× | ||
| Q3 24 | 2.79× | 3.47× | ||
| Q2 24 | — | 0.95× |
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
TYL
| Subscriptions | $429.7M | 70% |
| Maintenance | $108.9M | 18% |
| Other | $74.9M | 12% |
