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Core & Main, Inc.（CNM）与Rivian Automotive, Inc.（RIVN）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Rivian Automotive, Inc.的1.6倍（$2.1B vs $1.3B），Core & Main, Inc.净利率更高（6.6% vs -63.1%，领先69.7%），Core & Main, Inc.同比增速更快（0.0% vs -25.8%），Core & Main, Inc.自由现金流更多（$263.0M vs $-1.1B），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
CNM vs RIVN — 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25.8%
-25.8%
净利率更高
CNM
高出69.7%
-63.1%
自由现金流更多
CNM
多$1.4B
$-1.1B
两年增速更快
CNM
近两年复合增速
3.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.3B |
| 净利润 | $137.0M | $-811.0M |
| 毛利率 | 27.2% | 9.3% |
| 营业利润率 | 10.7% | -64.8% |
| 净利率 | 6.6% | -63.1% |
| 营收同比 | 0.0% | -25.8% |
| 净利润同比 | 0.0% | -9.0% |
| 每股收益（稀释后） | $0.72 | $-0.66 |
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CNMRIVN
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $1.9B | $1.3B | ||
| Q1 25 | $1.7B | $1.2B | ||
| Q4 24 | $2.0B | $1.7B | ||
| Q3 24 | $2.0B | $874.0M | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
净利润CNMRIVN
| Q4 25 | $137.0M | $-811.0M | ||
| Q3 25 | $134.0M | $-1.2B | ||
| Q2 25 | $100.0M | $-1.1B | ||
| Q1 25 | $64.0M | $-545.0M | ||
| Q4 24 | $133.0M | $-744.0M | ||
| Q3 24 | $119.0M | $-1.1B | ||
| Q2 24 | $95.0M | $-1.5B | ||
| Q1 24 | $63.0M | $-1.4B |
毛利率CNMRIVN
| Q4 25 | 27.2% | 9.3% | ||
| Q3 25 | 26.8% | 1.5% | ||
| Q2 25 | 26.7% | -15.8% | ||
| Q1 25 | 26.6% | 16.6% | ||
| Q4 24 | 26.6% | 9.8% | ||
| Q3 24 | 26.4% | -44.9% | ||
| Q2 24 | 26.9% | -38.9% | ||
| Q1 24 | 26.7% | -43.8% |
营业利润率CNMRIVN
| Q4 25 | 10.7% | -64.8% | ||
| Q3 25 | 10.2% | -63.1% | ||
| Q2 25 | 8.9% | -85.5% | ||
| Q1 25 | 7.3% | -52.8% | ||
| Q4 24 | 10.9% | -38.1% | ||
| Q3 24 | 10.4% | -133.8% | ||
| Q2 24 | 9.6% | -118.7% | ||
| Q1 24 | 8.1% | -123.3% |
净利率CNMRIVN
| Q4 25 | 6.6% | -63.1% | ||
| Q3 25 | 6.4% | -75.3% | ||
| Q2 25 | 5.2% | -85.7% | ||
| Q1 25 | 3.8% | -44.0% | ||
| Q4 24 | 6.5% | -42.9% | ||
| Q3 24 | 6.1% | -125.9% | ||
| Q2 24 | 5.5% | -125.8% | ||
| Q1 24 | 4.4% | -120.1% |
每股收益（稀释后）CNMRIVN
| Q4 25 | $0.72 | $-0.66 | ||
| Q3 25 | $0.70 | $-0.96 | ||
| Q2 25 | $0.52 | $-0.97 | ||
| Q1 25 | $0.34 | $-0.48 | ||
| Q4 24 | $0.69 | $-0.67 | ||
| Q3 24 | $0.61 | $-1.08 | ||
| Q2 24 | $0.49 | $-1.46 | ||
| Q1 24 | $0.34 | $-1.48 |
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 | $6.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $4.6B |
| 总资产 | $6.3B | $14.9B |
| 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CNMRIVN
| Q4 25 | $89.0M | $6.1B | ||
| Q3 25 | $25.0M | $7.1B | ||
| Q2 25 | $8.0M | $7.5B | ||
| Q1 25 | $8.0M | $7.2B | ||
| Q4 24 | $10.0M | $7.7B | ||
| Q3 24 | $13.0M | $6.7B | ||
| Q2 24 | $30.0M | $7.9B | ||
| Q1 24 | $1.0M | $7.9B |
总债务CNMRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | — | $4.4B |
股东权益CNMRIVN
| Q4 25 | $2.0B | $4.6B | ||
| Q3 25 | $1.9B | $5.1B | ||
| Q2 25 | $1.7B | $6.1B | ||
| Q1 25 | $1.7B | $6.2B | ||
| Q4 24 | $1.7B | $6.6B | ||
| Q3 24 | $1.6B | $5.9B | ||
| Q2 24 | $1.6B | $6.8B | ||
| Q1 24 | $1.5B | $8.1B |
总资产CNMRIVN
| Q4 25 | $6.3B | $14.9B | ||
| Q3 25 | $6.3B | $15.2B | ||
| Q2 25 | $6.3B | $15.6B | ||
| Q1 25 | $5.9B | $15.5B | ||
| Q4 24 | $6.2B | $15.4B | ||
| Q3 24 | $6.1B | $14.3B | ||
| Q2 24 | $6.0B | $15.4B | ||
| Q1 24 | $5.1B | $15.7B |
负债/权益比CNMRIVN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $263.0M | $-1.1B |
| 自由现金流率自由现金流/营收 | 12.8% | -89.0% |
| 资本支出强度资本支出/营收 | 0.4% | 36.0% |
| 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 | $-2.5B |
8季度趋势，按日历期对齐
经营现金流CNMRIVN
| Q4 25 | $271.0M | $-681.0M | ||
| Q3 25 | $34.0M | $26.0M | ||
| Q2 25 | $77.0M | $64.0M | ||
| Q1 25 | $235.0M | $-188.0M | ||
| Q4 24 | $260.0M | $1.2B | ||
| Q3 24 | $48.0M | $-876.0M | ||
| Q2 24 | $78.0M | $-754.0M | ||
| Q1 24 | $294.0M | $-1.3B |
自由现金流CNMRIVN
| Q4 25 | $263.0M | $-1.1B | ||
| Q3 25 | $24.0M | $-421.0M | ||
| Q2 25 | $64.0M | $-398.0M | ||
| Q1 25 | $224.0M | $-526.0M | ||
| Q4 24 | $252.0M | $856.0M | ||
| Q3 24 | $39.0M | $-1.2B | ||
| Q2 24 | $71.0M | $-1.0B | ||
| Q1 24 | $289.0M | $-1.5B |
自由现金流率CNMRIVN
| Q4 25 | 12.8% | -89.0% | ||
| Q3 25 | 1.1% | -27.0% | ||
| Q2 25 | 3.3% | -30.5% | ||
| Q1 25 | 13.2% | -42.4% | ||
| Q4 24 | 12.4% | 49.4% | ||
| Q3 24 | 2.0% | -131.9% | ||
| Q2 24 | 4.1% | -89.6% | ||
| Q1 24 | 20.1% | -126.5% |
资本支出强度CNMRIVN
| Q4 25 | 0.4% | 36.0% | ||
| Q3 25 | 0.5% | 28.7% | ||
| Q2 25 | 0.7% | 35.5% | ||
| Q1 25 | 0.6% | 27.3% | ||
| Q4 24 | 0.4% | 18.9% | ||
| Q3 24 | 0.5% | 31.7% | ||
| Q2 24 | 0.4% | 24.4% | ||
| Q1 24 | 0.3% | 21.1% |
现金转化率CNMRIVN
| Q4 25 | 1.98× | — | ||
| Q3 25 | 0.25× | — | ||
| Q2 25 | 0.77× | — | ||
| Q1 25 | 3.67× | — | ||
| Q4 24 | 1.95× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.82× | — | ||
| Q1 24 | 4.67× | — |
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% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
