vs
COMTECH TELECOMMUNICATIONS CORP（CMTL）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
STURM RUGER & CO INC的季度营收约是COMTECH TELECOMMUNICATIONS CORP的1.4倍（$151.1M vs $111.0M），STURM RUGER & CO INC同比增速更快（3.6% vs -4.1%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $4.8M），过去两年STURM RUGER & CO INC的营收复合增速更高（5.1% vs -9.0%）
Comtech Telecommunications是一家总部位于美国的全球通信技术提供商，主营卫星通信系统、地面网络基础设施及定位服务，客户覆盖政府、国防、移动运营商和企业领域，为各类关键应用场景提供安全可靠的连接解决方案。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
CMTL vs RGR — 直观对比
营收规模更大
RGR
是对方的1.4倍
$111.0M
营收增速更快
RGR
高出7.7%
-4.1%
自由现金流更多
RGR
多$7.5M
$4.8M
两年增速更快
RGR
近两年复合增速
-9.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $111.0M | $151.1M |
| 净利润 | $-15.9M | — |
| 毛利率 | 33.1% | 17.8% |
| 营业利润率 | -2.5% | 2.3% |
| 净利率 | -14.3% | — |
| 营收同比 | -4.1% | 3.6% |
| 净利润同比 | 89.3% | — |
| 每股收益（稀释后） | $-0.67 | $0.22 |
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CMTLRGR
| Q4 25 | $111.0M | $151.1M | ||
| Q3 25 | $130.4M | $126.8M | ||
| Q2 25 | $126.8M | $132.5M | ||
| Q1 25 | $126.6M | $135.7M | ||
| Q4 24 | $115.8M | $145.8M | ||
| Q3 24 | $126.2M | $122.3M | ||
| Q2 24 | $128.1M | $130.8M | ||
| Q1 24 | $134.2M | $136.8M |
净利润CMTLRGR
| Q4 25 | $-15.9M | — | ||
| Q3 25 | $7.9M | $1.6M | ||
| Q2 25 | $33.9M | $-17.2M | ||
| Q1 25 | $-48.7M | $7.8M | ||
| Q4 24 | $-148.4M | — | ||
| Q3 24 | $-90.8M | $4.7M | ||
| Q2 24 | $2.8M | $8.3M | ||
| Q1 24 | $-10.6M | $7.1M |
毛利率CMTLRGR
| Q4 25 | 33.1% | 17.8% | ||
| Q3 25 | 31.2% | 15.1% | ||
| Q2 25 | 30.7% | 3.9% | ||
| Q1 25 | 26.7% | 22.0% | ||
| Q4 24 | 12.5% | 22.8% | ||
| Q3 24 | 21.5% | 18.5% | ||
| Q2 24 | 30.4% | 22.3% | ||
| Q1 24 | 32.2% | 21.5% |
营业利润率CMTLRGR
| Q4 25 | -2.5% | 2.3% | ||
| Q3 25 | 1.4% | -2.7% | ||
| Q2 25 | -1.2% | -15.6% | ||
| Q1 25 | -8.1% | 6.2% | ||
| Q4 24 | -111.5% | 7.8% | ||
| Q3 24 | -64.6% | 3.1% | ||
| Q2 24 | -2.7% | 6.9% | ||
| Q1 24 | 2.2% | 5.5% |
净利率CMTLRGR
| Q4 25 | -14.3% | — | ||
| Q3 25 | 6.1% | 1.2% | ||
| Q2 25 | 26.8% | -13.0% | ||
| Q1 25 | -38.5% | 5.7% | ||
| Q4 24 | -128.2% | — | ||
| Q3 24 | -71.9% | 3.9% | ||
| Q2 24 | 2.2% | 6.3% | ||
| Q1 24 | -7.9% | 5.2% |
每股收益（稀释后）CMTLRGR
| Q4 25 | $-0.67 | $0.22 | ||
| Q3 25 | $-0.41 | $0.10 | ||
| Q2 25 | $-0.49 | $-1.05 | ||
| Q1 25 | $-0.76 | $0.46 | ||
| Q4 24 | $-5.29 | $0.62 | ||
| Q3 24 | $-3.48 | $0.28 | ||
| Q2 24 | $-0.04 | $0.47 | ||
| Q1 24 | $-1.07 | $0.40 |
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 | $43.6M | $92.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $85.6M | $283.8M |
| 总资产 | $734.1M | $342.0M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CMTLRGR
| Q4 25 | $43.6M | $92.5M | ||
| Q3 25 | $40.0M | $80.8M | ||
| Q2 25 | $28.4M | $101.4M | ||
| Q1 25 | $26.7M | $108.3M | ||
| Q4 24 | $29.6M | $105.5M | ||
| Q3 24 | $32.4M | $96.0M | ||
| Q2 24 | $27.2M | $105.6M | ||
| Q1 24 | $40.0M | $115.3M |
股东权益CMTLRGR
| Q4 25 | $85.6M | $283.8M | ||
| Q3 25 | $104.4M | $279.6M | ||
| Q2 25 | $115.4M | $289.3M | ||
| Q1 25 | $128.7M | $321.5M | ||
| Q4 24 | $150.4M | $319.6M | ||
| Q3 24 | $306.3M | $314.9M | ||
| Q2 24 | $406.4M | $321.5M | ||
| Q1 24 | $407.0M | $332.0M |
总资产CMTLRGR
| Q4 25 | $734.1M | $342.0M | ||
| Q3 25 | $740.8M | $342.3M | ||
| Q2 25 | $751.1M | $349.5M | ||
| Q1 25 | $770.6M | $379.0M | ||
| Q4 24 | $793.2M | $384.0M | ||
| Q3 24 | $793.2M | $373.5M | ||
| Q2 24 | $991.0M | $376.7M | ||
| Q1 24 | $996.8M | $385.0M |
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 | $8.1M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $4.8M | $12.3M |
| 自由现金流率自由现金流/营收 | 4.3% | 8.2% |
| 资本支出强度资本支出/营收 | 2.9% | 2.1% |
| 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 | $12.2M | $38.5M |
8季度趋势，按日历期对齐
经营现金流CMTLRGR
| Q4 25 | $8.1M | $15.5M | ||
| Q3 25 | $11.4M | $12.9M | ||
| Q2 25 | $2.3M | $14.7M | ||
| Q1 25 | $-234.0K | $11.1M | ||
| Q4 24 | $-21.8M | $20.0M | ||
| Q3 24 | $-9.5M | $9.4M | ||
| Q2 24 | $-3.8M | $18.7M | ||
| Q1 24 | $-26.7M | $7.3M |
自由现金流CMTLRGR
| Q4 25 | $4.8M | $12.3M | ||
| Q3 25 | $9.4M | $7.0M | ||
| Q2 25 | $-160.0K | $9.1M | ||
| Q1 25 | $-1.9M | $10.0M | ||
| Q4 24 | $-24.2M | $16.4M | ||
| Q3 24 | $-12.4M | $2.6M | ||
| Q2 24 | $-6.5M | $10.1M | ||
| Q1 24 | $-30.9M | $5.6M |
自由现金流率CMTLRGR
| Q4 25 | 4.3% | 8.2% | ||
| Q3 25 | 7.2% | 5.5% | ||
| Q2 25 | -0.1% | 6.9% | ||
| Q1 25 | -1.5% | 7.4% | ||
| Q4 24 | -20.9% | 11.2% | ||
| Q3 24 | -9.8% | 2.1% | ||
| Q2 24 | -5.0% | 7.7% | ||
| Q1 24 | -23.0% | 4.1% |
资本支出强度CMTLRGR
| Q4 25 | 2.9% | 2.1% | ||
| Q3 25 | 1.6% | 4.6% | ||
| Q2 25 | 1.9% | 4.2% | ||
| Q1 25 | 1.3% | 0.8% | ||
| Q4 24 | 2.1% | 2.5% | ||
| Q3 24 | 2.3% | 5.5% | ||
| Q2 24 | 2.1% | 6.6% | ||
| Q1 24 | 3.2% | 1.3% |
现金转化率CMTLRGR
| Q4 25 | — | — | ||
| Q3 25 | 1.45× | 8.15× | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | -1.36× | 2.27× | ||
| Q1 24 | — | 1.04× |
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
CMTL
| Satellite And Space Communications Segment | $55.1M | 50% |
| Transferred At Point In Time | $39.4M | 36% |
| Satellite And Space Communications | $16.3M | 15% |
| Terrestrial And Wireless Networks | $1.1M | 1% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
