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克瑞（CR）与Mueller Water Products, Inc.（MWA）财务数据对比。点击上方公司名可切换其他公司
克瑞的季度营收约是Mueller Water Products, Inc.的1.8倍（$581.0M vs $318.2M）。克瑞净利率更高（14.1% vs 13.6%，领先0.5%）。克瑞同比增速更快（6.8% vs 4.6%）。克瑞自由现金流更多（$196.0M vs $44.0M）。过去两年克瑞的营收复合增速更高（6.7% vs -5.1%）
克瑞是总部位于美国康涅狄格州斯坦福德的工业产品企业，1855年由理查德·泰勒·克兰创立。公司曾是美国领先卫浴配件制造商，1990年出售该业务板块，1960年起逐步转型为多元化控股集团，当前核心业务涵盖航空航天与电子、工程材料、流体处理、控制系统四大板块，服务化工等多个行业领域。
穆勒水业（Mueller Water Products, Inc.）是总部位于美国佐治亚州亚特兰大的上市企业，为北美规模顶尖的消防栓、闸阀及其他水务基础设施产品生产商与分销商之一，旗下设有Mueller Co.和Mueller Technologies两大业务单元，运营包括Echologics、Mueller Systems在内的十余个品牌及关联主体。
CR vs MWA — 直观对比
营收规模更大
CR
是对方的1.8倍
$318.2M
营收增速更快
CR
高出2.2%
4.6%
净利率更高
CR
高出0.5%
13.6%
自由现金流更多
CR
多$152.0M
$44.0M
两年增速更快
CR
近两年复合增速
-5.1%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $318.2M |
| 净利润 | $81.7M | $43.2M |
| 毛利率 | 41.6% | 37.6% |
| 营业利润率 | 17.5% | 17.8% |
| 净利率 | 14.1% | 13.6% |
| 营收同比 | 6.8% | 4.6% |
| 净利润同比 | 0.9% | 22.4% |
| 每股收益（稀释后） | $1.40 | $0.27 |
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CRMWA
| Q4 25 | $581.0M | $318.2M | ||
| Q3 25 | $589.2M | $380.8M | ||
| Q2 25 | $577.2M | $380.3M | ||
| Q1 25 | $557.6M | $364.3M | ||
| Q4 24 | $544.1M | $304.3M | ||
| Q3 24 | $548.3M | $348.2M | ||
| Q2 24 | $528.6M | $356.7M | ||
| Q1 24 | $510.2M | $353.4M |
净利润CRMWA
| Q4 25 | $81.7M | $43.2M | ||
| Q3 25 | $91.4M | $52.6M | ||
| Q2 25 | $86.4M | $52.5M | ||
| Q1 25 | $107.1M | $51.3M | ||
| Q4 24 | $81.0M | $35.3M | ||
| Q3 24 | $77.3M | $10.0M | ||
| Q2 24 | $71.6M | $47.3M | ||
| Q1 24 | $64.8M | $44.3M |
毛利率CRMWA
| Q4 25 | 41.6% | 37.6% | ||
| Q3 25 | 42.7% | 36.8% | ||
| Q2 25 | 42.0% | 38.3% | ||
| Q1 25 | 42.6% | 35.1% | ||
| Q4 24 | 40.9% | 33.8% | ||
| Q3 24 | 41.4% | 31.8% | ||
| Q2 24 | 40.0% | 36.8% | ||
| Q1 24 | 40.5% | 36.9% |
营业利润率CRMWA
| Q4 25 | 17.5% | 17.8% | ||
| Q3 25 | 20.1% | 18.3% | ||
| Q2 25 | 17.8% | 19.4% | ||
| Q1 25 | 18.1% | 19.2% | ||
| Q4 24 | 15.8% | 15.6% | ||
| Q3 24 | 18.1% | 8.2% | ||
| Q2 24 | 16.9% | 18.8% | ||
| Q1 24 | 15.9% | 18.0% |
净利率CRMWA
| Q4 25 | 14.1% | 13.6% | ||
| Q3 25 | 15.5% | 13.8% | ||
| Q2 25 | 15.0% | 13.8% | ||
| Q1 25 | 19.2% | 14.1% | ||
| Q4 24 | 14.9% | 11.6% | ||
| Q3 24 | 14.1% | 2.9% | ||
| Q2 24 | 13.5% | 13.3% | ||
| Q1 24 | 12.7% | 12.5% |
每股收益（稀释后）CRMWA
| Q4 25 | $1.40 | $0.27 | ||
| Q3 25 | $1.56 | $0.34 | ||
| Q2 25 | $1.47 | $0.33 | ||
| Q1 25 | $1.83 | $0.33 | ||
| Q4 24 | $1.37 | $0.22 | ||
| Q3 24 | $1.33 | $0.07 | ||
| Q2 24 | $1.23 | $0.30 | ||
| Q1 24 | $1.12 | $0.28 |
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 | $506.5M | — |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $2.1B | $1.0B |
| 总资产 | $3.9B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资CRMWA
| Q4 25 | $506.5M | — | ||
| Q3 25 | $388.2M | — | ||
| Q2 25 | $332.2M | — | ||
| Q1 25 | $435.1M | — | ||
| Q4 24 | $306.7M | — | ||
| Q3 24 | $258.2M | — | ||
| Q2 24 | $229.3M | — | ||
| Q1 24 | $219.4M | — |
总债务CRMWA
| Q4 25 | $1.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $247.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CRMWA
| Q4 25 | $2.1B | $1.0B | ||
| Q3 25 | $2.0B | $981.7M | ||
| Q2 25 | $1.9B | $929.0M | ||
| Q1 25 | $1.8B | $873.6M | ||
| Q4 24 | $1.6B | $834.1M | ||
| Q3 24 | $1.6B | $810.1M | ||
| Q2 24 | $1.5B | $791.6M | ||
| Q1 24 | $1.4B | $754.5M |
总资产CRMWA
| Q4 25 | $3.9B | $1.8B | ||
| Q3 25 | $2.5B | $1.8B | ||
| Q2 25 | $2.5B | $1.7B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.6B | $1.6B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $2.5B | $1.6B | ||
| Q1 24 | $2.4B | $1.5B |
负债/权益比CRMWA
| Q4 25 | 0.56× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.15× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $205.8M | $61.2M |
| 自由现金流经营现金流 - 资本支出 | $196.0M | $44.0M |
| 自由现金流率自由现金流/营收 | 33.7% | 13.8% |
| 资本支出强度资本支出/营收 | 1.7% | 5.4% |
| 现金转化率经营现金流/净利润 | 2.52× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $341.3M | $173.8M |
8季度趋势，按日历期对齐
经营现金流CRMWA
| Q4 25 | $205.8M | $61.2M | ||
| Q3 25 | $130.2M | $83.5M | ||
| Q2 25 | $105.0M | $67.4M | ||
| Q1 25 | $-46.2M | $14.3M | ||
| Q4 24 | $202.0M | $54.1M | ||
| Q3 24 | $75.4M | $89.3M | ||
| Q2 24 | $51.3M | $87.3M | ||
| Q1 24 | $-70.9M | $-5.7M |
自由现金流CRMWA
| Q4 25 | $196.0M | $44.0M | ||
| Q3 25 | $116.8M | $69.0M | ||
| Q2 25 | $88.9M | $55.7M | ||
| Q1 25 | $-60.4M | $5.1M | ||
| Q4 24 | $188.2M | $42.2M | ||
| Q3 24 | $67.3M | $69.9M | ||
| Q2 24 | $44.6M | $75.1M | ||
| Q1 24 | $-78.9M | $-15.8M |
自由现金流率CRMWA
| Q4 25 | 33.7% | 13.8% | ||
| Q3 25 | 19.8% | 18.1% | ||
| Q2 25 | 15.4% | 14.6% | ||
| Q1 25 | -10.8% | 1.4% | ||
| Q4 24 | 34.6% | 13.9% | ||
| Q3 24 | 12.3% | 20.1% | ||
| Q2 24 | 8.4% | 21.1% | ||
| Q1 24 | -15.5% | -4.5% |
资本支出强度CRMWA
| Q4 25 | 1.7% | 5.4% | ||
| Q3 25 | 2.3% | 3.8% | ||
| Q2 25 | 2.8% | 3.1% | ||
| Q1 25 | 2.5% | 2.5% | ||
| Q4 24 | 2.5% | 3.9% | ||
| Q3 24 | 1.5% | 5.6% | ||
| Q2 24 | 1.3% | 3.4% | ||
| Q1 24 | 1.6% | 2.9% |
现金转化率CRMWA
| Q4 25 | 2.52× | 1.42× | ||
| Q3 25 | 1.42× | 1.59× | ||
| Q2 25 | 1.22× | 1.28× | ||
| Q1 25 | -0.43× | 0.28× | ||
| Q4 24 | 2.49× | 1.53× | ||
| Q3 24 | 0.98× | 8.93× | ||
| Q2 24 | 0.72× | 1.85× | ||
| Q1 24 | -1.09× | -0.13× |
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
CR
| Process Valvesand Related Products | $234.7M | 40% |
| Commercial Original Equipment | $107.2M | 18% |
| Militaryand Other Original Equipment | $76.2M | 13% |
| Commercial Aftermarket Products | $62.9M | 11% |
| Pumps Systems | $40.0M | 7% |
| Commercial Valves | $34.7M | 6% |
| Military Aftermarket Products | $25.3M | 4% |
MWA
| Water Flow Solutions | $173.0M | 54% |
| Water Management Solutions | $145.2M | 46% |
