vs
Core & Main, Inc.（CNM）与赛莱默（XYL）财务数据对比。点击上方公司名可切换其他公司
赛莱默的季度营收约是Core & Main, Inc.的1.0倍（$2.1B vs $2.1B），赛莱默净利率更高（8.9% vs 6.6%，领先2.3%），赛莱默同比增速更快（2.7% vs 0.0%），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs -1.0%）
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。
该文本为植物学对木质部的定义说明，并非赛莱默公司（Xylem Inc.）的企业业务介绍。Xylem Inc.是一家专注于水技术与解决方案的全球企业，提供水务基础设施、水环境治理等相关设备与服务。
CNM vs XYL — 直观对比
营收规模更大
XYL
是对方的1.0倍
$2.1B
营收增速更快
XYL
高出2.7%
0.0%
净利率更高
XYL
高出2.3%
6.6%
两年增速更快
CNM
近两年复合增速
-1.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.1B |
| 净利润 | $137.0M | $189.0M |
| 毛利率 | 27.2% | 37.8% |
| 营业利润率 | 10.7% | 11.5% |
| 净利率 | 6.6% | 8.9% |
| 营收同比 | 0.0% | 2.7% |
| 净利润同比 | 0.0% | 13.2% |
| 每股收益（稀释后） | $0.72 | $0.79 |
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CNMXYL
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.1B | $2.4B | ||
| Q3 25 | $2.1B | $2.3B | ||
| Q2 25 | $1.9B | $2.3B | ||
| Q1 25 | $1.7B | $2.1B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $2.0B | $2.1B | ||
| Q2 24 | $1.7B | $2.2B |
净利润CNMXYL
| Q1 26 | — | $189.0M | ||
| Q4 25 | $137.0M | $335.0M | ||
| Q3 25 | $134.0M | $227.0M | ||
| Q2 25 | $100.0M | $226.0M | ||
| Q1 25 | $64.0M | $169.0M | ||
| Q4 24 | $133.0M | $326.0M | ||
| Q3 24 | $119.0M | $217.0M | ||
| Q2 24 | $95.0M | $194.0M |
毛利率CNMXYL
| Q1 26 | — | 37.8% | ||
| Q4 25 | 27.2% | 38.9% | ||
| Q3 25 | 26.8% | 38.9% | ||
| Q2 25 | 26.7% | 38.8% | ||
| Q1 25 | 26.6% | 37.1% | ||
| Q4 24 | 26.6% | 38.0% | ||
| Q3 24 | 26.4% | 37.3% | ||
| Q2 24 | 26.9% | 37.8% |
营业利润率CNMXYL
| Q1 26 | — | 11.5% | ||
| Q4 25 | 10.7% | 14.7% | ||
| Q3 25 | 10.2% | 14.7% | ||
| Q2 25 | 8.9% | 13.3% | ||
| Q1 25 | 7.3% | 11.2% | ||
| Q4 24 | 10.9% | 11.8% | ||
| Q3 24 | 10.4% | 13.3% | ||
| Q2 24 | 9.6% | 11.7% |
净利率CNMXYL
| Q1 26 | — | 8.9% | ||
| Q4 25 | 6.6% | 14.0% | ||
| Q3 25 | 6.4% | 10.0% | ||
| Q2 25 | 5.2% | 9.8% | ||
| Q1 25 | 3.8% | 8.2% | ||
| Q4 24 | 6.5% | 14.5% | ||
| Q3 24 | 6.1% | 10.3% | ||
| Q2 24 | 5.5% | 8.9% |
每股收益（稀释后）CNMXYL
| Q1 26 | — | $0.79 | ||
| Q4 25 | $0.72 | $1.37 | ||
| Q3 25 | $0.70 | $0.93 | ||
| Q2 25 | $0.52 | $0.93 | ||
| Q1 25 | $0.34 | $0.69 | ||
| Q4 24 | $0.69 | $1.33 | ||
| Q3 24 | $0.61 | $0.89 | ||
| Q2 24 | $0.49 | $0.80 |
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 | $808.0M |
| 总债务越低越好 | — | $1.9B |
| 股东权益账面价值 | $2.0B | $11.0B |
| 总资产 | $6.3B | $17.0B |
| 负债/权益比越低杠杆越低 | — | 0.18× |
8季度趋势，按日历期对齐
现金及短期投资CNMXYL
| Q1 26 | — | $808.0M | ||
| Q4 25 | $89.0M | $1.5B | ||
| Q3 25 | $25.0M | $1.2B | ||
| Q2 25 | $8.0M | $1.2B | ||
| Q1 25 | $8.0M | $1.1B | ||
| Q4 24 | $10.0M | $1.1B | ||
| Q3 24 | $13.0M | $989.0M | ||
| Q2 24 | $30.0M | $815.0M |
总债务CNMXYL
| Q1 26 | — | $1.9B | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CNMXYL
| Q1 26 | — | $11.0B | ||
| Q4 25 | $2.0B | $11.5B | ||
| Q3 25 | $1.9B | $11.2B | ||
| Q2 25 | $1.7B | $11.1B | ||
| Q1 25 | $1.7B | $10.8B | ||
| Q4 24 | $1.7B | $10.6B | ||
| Q3 24 | $1.6B | $10.6B | ||
| Q2 24 | $1.6B | $10.3B |
总资产CNMXYL
| Q1 26 | — | $17.0B | ||
| Q4 25 | $6.3B | $17.6B | ||
| Q3 25 | $6.3B | $17.3B | ||
| Q2 25 | $6.3B | $17.2B | ||
| Q1 25 | $5.9B | $16.6B | ||
| Q4 24 | $6.2B | $16.5B | ||
| Q3 24 | $6.1B | $16.0B | ||
| Q2 24 | $6.0B | $15.8B |
负债/权益比CNMXYL
| Q1 26 | — | 0.18× | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.18× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 0.4% | 4.2% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CNMXYL
| Q1 26 | — | — | ||
| Q4 25 | $271.0M | $543.0M | ||
| Q3 25 | $34.0M | $360.0M | ||
| Q2 25 | $77.0M | $305.0M | ||
| Q1 25 | $235.0M | $33.0M | ||
| Q4 24 | $260.0M | $575.0M | ||
| Q3 24 | $48.0M | $311.0M | ||
| Q2 24 | $78.0M | $288.0M |
自由现金流CNMXYL
| Q1 26 | — | — | ||
| Q4 25 | $263.0M | $460.0M | ||
| Q3 25 | $24.0M | $281.0M | ||
| Q2 25 | $64.0M | $207.0M | ||
| Q1 25 | $224.0M | $-38.0M | ||
| Q4 24 | $252.0M | $475.0M | ||
| Q3 24 | $39.0M | $237.0M | ||
| Q2 24 | $71.0M | $215.0M |
自由现金流率CNMXYL
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | 19.2% | ||
| Q3 25 | 1.1% | 12.4% | ||
| Q2 25 | 3.3% | 9.0% | ||
| Q1 25 | 13.2% | -1.8% | ||
| Q4 24 | 12.4% | 21.1% | ||
| Q3 24 | 2.0% | 11.3% | ||
| Q2 24 | 4.1% | 9.9% |
资本支出强度CNMXYL
| Q1 26 | — | 4.2% | ||
| Q4 25 | 0.4% | 3.5% | ||
| Q3 25 | 0.5% | 3.5% | ||
| Q2 25 | 0.7% | 4.3% | ||
| Q1 25 | 0.6% | 3.4% | ||
| Q4 24 | 0.4% | 4.4% | ||
| Q3 24 | 0.5% | 3.5% | ||
| Q2 24 | 0.4% | 3.4% |
现金转化率CNMXYL
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 1.62× | ||
| Q3 25 | 0.25× | 1.59× | ||
| Q2 25 | 0.77× | 1.35× | ||
| Q1 25 | 3.67× | 0.20× | ||
| Q4 24 | 1.95× | 1.76× | ||
| Q3 24 | 0.40× | 1.43× | ||
| Q2 24 | 0.82× | 1.48× |
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% |
XYL
| Revenue from products | $1.8B | 83% |
| Revenue from services | $368.0M | 17% |
