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Core & Main, Inc.（CNM）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
Core & Main, Inc.的季度营收约是罗致恒富的1.6倍（$2.1B vs $1.3B），Core & Main, Inc.同比增速更快（0.0% vs -5.8%），Core & Main, Inc.自由现金流更多（$263.0M vs $170.8M），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs -6.1%）
Core & Main, Inc.总部位于美国密苏里州圣路易斯，是美国专业的水务及相关防护产品分销商，主营供水、污水处理、雨水排放、消防防护类产品，客户覆盖市政部门、私营水务企业及专业承包商，在全美49个州设有370个分支机构，服务6万客户，在售产品达22.5万种。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
CNM vs RHI — 直观对比
营收规模更大
CNM
是对方的1.6倍
$1.3B
营收增速更快
CNM
高出5.8%
-5.8%
自由现金流更多
CNM
多$92.2M
$170.8M
两年增速更快
CNM
近两年复合增速
-6.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.3B |
| 净利润 | $137.0M | — |
| 毛利率 | 27.2% | 37.6% |
| 营业利润率 | 10.7% | 1.7% |
| 净利率 | 6.6% | — |
| 营收同比 | 0.0% | -5.8% |
| 净利润同比 | 0.0% | — |
| 每股收益（稀释后） | $0.72 | $0.32 |
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CNMRHI
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $1.9B | $1.4B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.0B | $1.5B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.4B | $1.5B |
净利润CNMRHI
| Q4 25 | $137.0M | — | ||
| Q3 25 | $134.0M | $42.9M | ||
| Q2 25 | $100.0M | $41.0M | ||
| Q1 25 | $64.0M | $17.4M | ||
| Q4 24 | $133.0M | — | ||
| Q3 24 | $119.0M | $65.5M | ||
| Q2 24 | $95.0M | $68.2M | ||
| Q1 24 | $63.0M | $63.7M |
毛利率CNMRHI
| Q4 25 | 27.2% | 37.6% | ||
| Q3 25 | 26.8% | 37.2% | ||
| Q2 25 | 26.7% | 37.2% | ||
| Q1 25 | 26.6% | 36.9% | ||
| Q4 24 | 26.6% | 38.8% | ||
| Q3 24 | 26.4% | 39.0% | ||
| Q2 24 | 26.9% | 39.2% | ||
| Q1 24 | 26.7% | 38.1% |
营业利润率CNMRHI
| Q4 25 | 10.7% | 1.7% | ||
| Q3 25 | 10.2% | 1.0% | ||
| Q2 25 | 8.9% | 0.1% | ||
| Q1 25 | 7.3% | 2.9% | ||
| Q4 24 | 10.9% | 4.7% | ||
| Q3 24 | 10.4% | 4.1% | ||
| Q2 24 | 9.6% | 5.1% | ||
| Q1 24 | 8.1% | 2.8% |
净利率CNMRHI
| Q4 25 | 6.6% | — | ||
| Q3 25 | 6.4% | 3.2% | ||
| Q2 25 | 5.2% | 3.0% | ||
| Q1 25 | 3.8% | 1.3% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 6.1% | 4.5% | ||
| Q2 24 | 5.5% | 4.6% | ||
| Q1 24 | 4.4% | 4.3% |
每股收益（稀释后）CNMRHI
| Q4 25 | $0.72 | $0.32 | ||
| Q3 25 | $0.70 | $0.43 | ||
| Q2 25 | $0.52 | $0.41 | ||
| Q1 25 | $0.34 | $0.17 | ||
| Q4 24 | $0.69 | $0.53 | ||
| Q3 24 | $0.61 | $0.64 | ||
| Q2 24 | $0.49 | $0.66 | ||
| Q1 24 | $0.34 | $0.61 |
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 | $89.0M | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $1.3B |
| 总资产 | $6.3B | $2.9B |
| 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CNMRHI
| Q4 25 | $89.0M | $464.4M | ||
| Q3 25 | $25.0M | $365.3M | ||
| Q2 25 | $8.0M | $380.5M | ||
| Q1 25 | $8.0M | $342.5M | ||
| Q4 24 | $10.0M | $537.6M | ||
| Q3 24 | $13.0M | $570.5M | ||
| Q2 24 | $30.0M | $547.4M | ||
| Q1 24 | $1.0M | $540.9M |
股东权益CNMRHI
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $1.7B | $1.3B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.5B | $1.5B |
总资产CNMRHI
| Q4 25 | $6.3B | $2.9B | ||
| Q3 25 | $6.3B | $2.8B | ||
| Q2 25 | $6.3B | $2.8B | ||
| Q1 25 | $5.9B | $2.7B | ||
| Q4 24 | $6.2B | $2.9B | ||
| Q3 24 | $6.1B | $3.0B | ||
| Q2 24 | $6.0B | $2.9B | ||
| Q1 24 | $5.1B | $2.9B |
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 | $271.0M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $263.0M | $170.8M |
| 自由现金流率自由现金流/营收 | 12.8% | 13.1% |
| 资本支出强度资本支出/营收 | 0.4% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | $575.0M | $266.8M |
8季度趋势，按日历期对齐
经营现金流CNMRHI
| Q4 25 | $271.0M | $182.5M | ||
| Q3 25 | $34.0M | $77.4M | ||
| Q2 25 | $77.0M | $119.4M | ||
| Q1 25 | $235.0M | $-59.3M | ||
| Q4 24 | $260.0M | $154.8M | ||
| Q3 24 | $48.0M | $129.6M | ||
| Q2 24 | $78.0M | $142.0M | ||
| Q1 24 | $294.0M | $-15.9M |
自由现金流CNMRHI
| Q4 25 | $263.0M | $170.8M | ||
| Q3 25 | $24.0M | $63.6M | ||
| Q2 25 | $64.0M | $104.2M | ||
| Q1 25 | $224.0M | $-71.7M | ||
| Q4 24 | $252.0M | $140.5M | ||
| Q3 24 | $39.0M | $111.8M | ||
| Q2 24 | $71.0M | $129.6M | ||
| Q1 24 | $289.0M | $-27.7M |
自由现金流率CNMRHI
| Q4 25 | 12.8% | 13.1% | ||
| Q3 25 | 1.1% | 4.7% | ||
| Q2 25 | 3.3% | 7.6% | ||
| Q1 25 | 13.2% | -5.3% | ||
| Q4 24 | 12.4% | 10.2% | ||
| Q3 24 | 2.0% | 7.6% | ||
| Q2 24 | 4.1% | 8.8% | ||
| Q1 24 | 20.1% | -1.9% |
资本支出强度CNMRHI
| Q4 25 | 0.4% | 0.9% | ||
| Q3 25 | 0.5% | 1.0% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | 0.6% | 0.9% | ||
| Q4 24 | 0.4% | 1.0% | ||
| Q3 24 | 0.5% | 1.2% | ||
| Q2 24 | 0.4% | 0.8% | ||
| Q1 24 | 0.3% | 0.8% |
现金转化率CNMRHI
| Q4 25 | 1.98× | — | ||
| Q3 25 | 0.25× | 1.80× | ||
| Q2 25 | 0.77× | 2.91× | ||
| Q1 25 | 3.67× | -3.42× | ||
| Q4 24 | 1.95× | — | ||
| Q3 24 | 0.40× | 1.98× | ||
| Q2 24 | 0.82× | 2.08× | ||
| Q1 24 | 4.67× | -0.25× |
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
CNM
| Pipes Valves And Fitting Products | $1.4B | 67% |
| Storm Drainage Products | $333.0M | 16% |
| Meter Products | $195.0M | 9% |
| Fire Protection Products | $152.0M | 7% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
