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Core & Main, Inc.（CNM）与SONOCO PRODUCTS CO（SON）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SONOCO PRODUCTS CO的1.2倍（$2.1B vs $1.7B），Core & Main, Inc.净利率更高（6.6% vs 4.1%，领先2.6%），Core & Main, Inc.同比增速更快（0.0% vs -1.9%），Core & Main, Inc.自由现金流更多（$263.0M vs $-428.3B），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs 1.2%）
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。
索诺科产品公司是美国多元化包装服务商，主营消费包装、工业产品、防护包装及包装供应链服务，是全球最大的复合罐、纸管和纸芯生产商。公司成立于1889年，年净销售额约73亿美元，在33个国家设有超335个运营点，员工1.99万名，业务覆盖超85个国家，总部位于南卡罗来纳州哈茨维尔。
CNM vs SON — 直观对比
营收规模更大
CNM
是对方的1.2倍
$1.7B
营收增速更快
CNM
高出1.9%
-1.9%
净利率更高
CNM
高出2.6%
4.1%
自由现金流更多
CNM
多$428.6B
$-428.3B
两年增速更快
CNM
近两年复合增速
1.2%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.7B |
| 净利润 | $137.0M | $68.0M |
| 毛利率 | 27.2% | 20.6% |
| 营业利润率 | 10.7% | 7.6% |
| 净利率 | 6.6% | 4.1% |
| 营收同比 | 0.0% | -1.9% |
| 净利润同比 | 0.0% | 25.9% |
| 每股收益（稀释后） | $0.72 | $0.68 |
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CNMSON
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $2.1B | $2.1B | ||
| Q2 25 | $1.9B | $1.9B | ||
| Q1 25 | $1.7B | $1.7B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $1.7B | $1.6B |
净利润CNMSON
| Q1 26 | — | $68.0M | ||
| Q4 25 | $137.0M | $332.2M | ||
| Q3 25 | $134.0M | $122.9M | ||
| Q2 25 | $100.0M | $493.4M | ||
| Q1 25 | $64.0M | $54.4M | ||
| Q4 24 | $133.0M | — | ||
| Q3 24 | $119.0M | $50.9M | ||
| Q2 24 | $95.0M | $90.8M |
毛利率CNMSON
| Q1 26 | — | 20.6% | ||
| Q4 25 | 27.2% | 19.6% | ||
| Q3 25 | 26.8% | 21.9% | ||
| Q2 25 | 26.7% | 21.3% | ||
| Q1 25 | 26.6% | 20.7% | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 26.4% | 21.4% | ||
| Q2 24 | 26.9% | 22.0% |
营业利润率CNMSON
| Q1 26 | — | 7.6% | ||
| Q4 25 | 10.7% | 29.4% | ||
| Q3 25 | 10.2% | 9.1% | ||
| Q2 25 | 8.9% | 9.2% | ||
| Q1 25 | 7.3% | 7.4% | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 10.4% | 7.6% | ||
| Q2 24 | 9.6% | 8.6% |
净利率CNMSON
| Q1 26 | — | 4.1% | ||
| Q4 25 | 6.6% | 18.8% | ||
| Q3 25 | 6.4% | 5.8% | ||
| Q2 25 | 5.2% | 25.8% | ||
| Q1 25 | 3.8% | 3.2% | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | 6.1% | 3.0% | ||
| Q2 24 | 5.5% | 5.6% |
每股收益（稀释后）CNMSON
| Q1 26 | — | $0.68 | ||
| Q4 25 | $0.72 | $3.33 | ||
| Q3 25 | $0.70 | $1.23 | ||
| Q2 25 | $0.52 | $4.96 | ||
| Q1 25 | $0.34 | $0.55 | ||
| Q4 24 | $0.69 | — | ||
| Q3 24 | $0.61 | $0.51 | ||
| Q2 24 | $0.49 | $0.92 |
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 | $224.5M |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $2.0B | $3.6B |
| 总资产 | $6.3B | $11.1B |
| 负债/权益比越低杠杆越低 | — | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资CNMSON
| Q1 26 | — | $224.5M | ||
| Q4 25 | $89.0M | $378.4M | ||
| Q3 25 | $25.0M | $244.9M | ||
| Q2 25 | $8.0M | $329.8M | ||
| Q1 25 | $8.0M | $181.8M | ||
| Q4 24 | $10.0M | — | ||
| Q3 24 | $13.0M | $1.9B | ||
| Q2 24 | $30.0M | $140.2M |
总债务CNMSON
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $5.0B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $2.5B |
股东权益CNMSON
| Q1 26 | — | $3.6B | ||
| Q4 25 | $2.0B | $3.6B | ||
| Q3 25 | $1.9B | $3.3B | ||
| Q2 25 | $1.7B | $3.2B | ||
| Q1 25 | $1.7B | $2.4B | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.6B | $2.5B | ||
| Q2 24 | $1.6B | $2.4B |
总资产CNMSON
| Q1 26 | — | $11.1B | ||
| Q4 25 | $6.3B | $11.2B | ||
| Q3 25 | $6.3B | $11.7B | ||
| Q2 25 | $6.3B | $12.0B | ||
| Q1 25 | $5.9B | $12.7B | ||
| Q4 24 | $6.2B | — | ||
| Q3 24 | $6.1B | $9.0B | ||
| Q2 24 | $6.0B | $7.2B |
负债/权益比CNMSON
| Q1 26 | — | 0.97× | ||
| Q4 25 | — | 1.05× | ||
| Q3 25 | — | 1.15× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.04× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $263.0M | $-428.3B |
| 自由现金流率自由现金流/营收 | 12.8% | -25547.4% |
| 资本支出强度资本支出/营收 | 0.4% | 3600.5% |
| 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 | $-427.6B |
8季度趋势，按日历期对齐
经营现金流CNMSON
| Q1 26 | — | — | ||
| Q4 25 | $271.0M | $412.9M | ||
| Q3 25 | $34.0M | $291.5M | ||
| Q2 25 | $77.0M | $193.4M | ||
| Q1 25 | $235.0M | $-208.1M | ||
| Q4 24 | $260.0M | — | ||
| Q3 24 | $48.0M | $162.1M | ||
| Q2 24 | $78.0M | $109.3M |
自由现金流CNMSON
| Q1 26 | — | $-428.3B | ||
| Q4 25 | $263.0M | $322.3M | ||
| Q3 25 | $24.0M | $225.6M | ||
| Q2 25 | $64.0M | $98.6M | ||
| Q1 25 | $224.0M | $-300.8M | ||
| Q4 24 | $252.0M | — | ||
| Q3 24 | $39.0M | $70.5M | ||
| Q2 24 | $71.0M | $16.0M |
自由现金流率CNMSON
| Q1 26 | — | -25547.4% | ||
| Q4 25 | 12.8% | 18.2% | ||
| Q3 25 | 1.1% | 10.6% | ||
| Q2 25 | 3.3% | 5.2% | ||
| Q1 25 | 13.2% | -17.6% | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 2.0% | 4.2% | ||
| Q2 24 | 4.1% | 1.0% |
资本支出强度CNMSON
| Q1 26 | — | 3600.5% | ||
| Q4 25 | 0.4% | 5.1% | ||
| Q3 25 | 0.5% | 3.1% | ||
| Q2 25 | 0.7% | 5.0% | ||
| Q1 25 | 0.6% | 5.4% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.5% | 5.5% | ||
| Q2 24 | 0.4% | 5.7% |
现金转化率CNMSON
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 1.24× | ||
| Q3 25 | 0.25× | 2.37× | ||
| Q2 25 | 0.77× | 0.39× | ||
| Q1 25 | 3.67× | -3.82× | ||
| Q4 24 | 1.95× | — | ||
| Q3 24 | 0.40× | 3.18× | ||
| Q2 24 | 0.82× | 1.20× |
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% |
SON
| Consumer Packaging | $1.1B | 65% |
| Industrial Paper Packaging | $587.5M | 35% |
| All Other | $55.1M | 3% |
