vs
Core & Main, Inc.（CNM）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
史丹利百得的季度营收约是Core & Main, Inc.的1.8倍（$3.8B vs $2.1B），Core & Main, Inc.净利率更高（6.6% vs 1.4%，领先5.3%），史丹利百得同比增速更快（0.1% vs 0.0%），Core & Main, Inc.自由现金流更多（$263.0M vs $155.3M），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs 0.3%）
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。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
CNM vs SWK — 直观对比
营收规模更大
SWK
是对方的1.8倍
$2.1B
营收增速更快
SWK
高出0.1%
0.0%
净利率更高
CNM
高出5.3%
1.4%
自由现金流更多
CNM
多$107.7M
$155.3M
两年增速更快
CNM
近两年复合增速
0.3%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.8B |
| 净利润 | $137.0M | $51.4M |
| 毛利率 | 27.2% | 31.4% |
| 营业利润率 | 10.7% | — |
| 净利率 | 6.6% | 1.4% |
| 营收同比 | 0.0% | 0.1% |
| 净利润同比 | 0.0% | -43.6% |
| 每股收益（稀释后） | $0.72 | $0.34 |
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CNMSWK
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | $3.8B | ||
| Q2 25 | $1.9B | $3.9B | ||
| Q1 25 | $1.7B | $3.7B | ||
| Q4 24 | $2.0B | $3.7B | ||
| Q3 24 | $2.0B | $3.8B | ||
| Q2 24 | $1.7B | $4.0B | ||
| Q1 24 | $1.4B | $3.9B |
净利润CNMSWK
| Q4 25 | $137.0M | — | ||
| Q3 25 | $134.0M | $51.4M | ||
| Q2 25 | $100.0M | $101.9M | ||
| Q1 25 | $64.0M | $90.4M | ||
| Q4 24 | $133.0M | $194.9M | ||
| Q3 24 | $119.0M | $91.1M | ||
| Q2 24 | $95.0M | $-11.2M | ||
| Q1 24 | $63.0M | $19.5M |
毛利率CNMSWK
| Q4 25 | 27.2% | — | ||
| Q3 25 | 26.8% | 31.4% | ||
| Q2 25 | 26.7% | 27.0% | ||
| Q1 25 | 26.6% | 29.9% | ||
| Q4 24 | 26.6% | 30.8% | ||
| Q3 24 | 26.4% | 29.9% | ||
| Q2 24 | 26.9% | 28.4% | ||
| Q1 24 | 26.7% | 28.6% |
营业利润率CNMSWK
| Q4 25 | 10.7% | — | ||
| Q3 25 | 10.2% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 7.3% | — | ||
| Q4 24 | 10.9% | 3.4% | ||
| Q3 24 | 10.4% | 10.6% | ||
| Q2 24 | 9.6% | 9.5% | ||
| Q1 24 | 8.1% | 8.3% |
净利率CNMSWK
| Q4 25 | 6.6% | — | ||
| Q3 25 | 6.4% | 1.4% | ||
| Q2 25 | 5.2% | 2.6% | ||
| Q1 25 | 3.8% | 2.4% | ||
| Q4 24 | 6.5% | 5.2% | ||
| Q3 24 | 6.1% | 2.4% | ||
| Q2 24 | 5.5% | -0.3% | ||
| Q1 24 | 4.4% | 0.5% |
每股收益（稀释后）CNMSWK
| Q4 25 | $0.72 | — | ||
| Q3 25 | $0.70 | $0.34 | ||
| Q2 25 | $0.52 | $0.67 | ||
| Q1 25 | $0.34 | $0.60 | ||
| Q4 24 | $0.69 | $1.29 | ||
| Q3 24 | $0.61 | $0.60 | ||
| Q2 24 | $0.49 | $-0.07 | ||
| Q1 24 | $0.34 | $0.13 |
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 | $268.3M |
| 总债务越低越好 | — | $5.3B |
| 股东权益账面价值 | $2.0B | $9.0B |
| 总资产 | $6.3B | $21.8B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资CNMSWK
| Q4 25 | $89.0M | — | ||
| Q3 25 | $25.0M | $268.3M | ||
| Q2 25 | $8.0M | $311.8M | ||
| Q1 25 | $8.0M | $344.8M | ||
| Q4 24 | $10.0M | $290.5M | ||
| Q3 24 | $13.0M | $298.7M | ||
| Q2 24 | $30.0M | $318.5M | ||
| Q1 24 | $1.0M | $476.6M |
总债务CNMSWK
| Q4 25 | — | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.1B |
股东权益CNMSWK
| Q4 25 | $2.0B | — | ||
| Q3 25 | $1.9B | $9.0B | ||
| Q2 25 | $1.7B | $9.1B | ||
| Q1 25 | $1.7B | $8.8B | ||
| Q4 24 | $1.7B | $8.7B | ||
| Q3 24 | $1.6B | $8.9B | ||
| Q2 24 | $1.6B | $8.7B | ||
| Q1 24 | $1.5B | $8.9B |
总资产CNMSWK
| Q4 25 | $6.3B | — | ||
| Q3 25 | $6.3B | $21.8B | ||
| Q2 25 | $6.3B | $22.5B | ||
| Q1 25 | $5.9B | $22.5B | ||
| Q4 24 | $6.2B | $21.8B | ||
| Q3 24 | $6.1B | $22.5B | ||
| Q2 24 | $6.0B | $22.5B | ||
| Q1 24 | $5.1B | $23.9B |
负债/权益比CNMSWK
| Q4 25 | — | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.69× |
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 | $221.2M |
| 自由现金流经营现金流 - 资本支出 | $263.0M | $155.3M |
| 自由现金流率自由现金流/营收 | 12.8% | 4.1% |
| 资本支出强度资本支出/营收 | 0.4% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.98× | 4.30× |
| 过去12个月自由现金流最近4个季度 | $575.0M | $369.6M |
8季度趋势，按日历期对齐
经营现金流CNMSWK
| Q4 25 | $271.0M | — | ||
| Q3 25 | $34.0M | $221.2M | ||
| Q2 25 | $77.0M | $214.3M | ||
| Q1 25 | $235.0M | $-420.0M | ||
| Q4 24 | $260.0M | $679.1M | ||
| Q3 24 | $48.0M | $285.8M | ||
| Q2 24 | $78.0M | $573.0M | ||
| Q1 24 | $294.0M | $-431.0M |
自由现金流CNMSWK
| Q4 25 | $263.0M | — | ||
| Q3 25 | $24.0M | $155.3M | ||
| Q2 25 | $64.0M | $134.7M | ||
| Q1 25 | $224.0M | $-485.0M | ||
| Q4 24 | $252.0M | $564.6M | ||
| Q3 24 | $39.0M | $199.3M | ||
| Q2 24 | $71.0M | $485.8M | ||
| Q1 24 | $289.0M | $-496.7M |
自由现金流率CNMSWK
| Q4 25 | 12.8% | — | ||
| Q3 25 | 1.1% | 4.1% | ||
| Q2 25 | 3.3% | 3.4% | ||
| Q1 25 | 13.2% | -13.0% | ||
| Q4 24 | 12.4% | 15.2% | ||
| Q3 24 | 2.0% | 5.3% | ||
| Q2 24 | 4.1% | 12.1% | ||
| Q1 24 | 20.1% | -12.8% |
资本支出强度CNMSWK
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.5% | 1.8% | ||
| Q2 25 | 0.7% | 2.0% | ||
| Q1 25 | 0.6% | 1.7% | ||
| Q4 24 | 0.4% | 3.1% | ||
| Q3 24 | 0.5% | 2.3% | ||
| Q2 24 | 0.4% | 2.2% | ||
| Q1 24 | 0.3% | 1.7% |
现金转化率CNMSWK
| Q4 25 | 1.98× | — | ||
| Q3 25 | 0.25× | 4.30× | ||
| Q2 25 | 0.77× | 2.10× | ||
| Q1 25 | 3.67× | -4.65× | ||
| Q4 24 | 1.95× | 3.48× | ||
| Q3 24 | 0.40× | 3.14× | ||
| Q2 24 | 0.82× | — | ||
| Q1 24 | 4.67× | -22.10× |
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% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
