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CARLISLE COMPANIES INC（CSL）与FORWARD AIR CORP（FWRD）财务数据对比。点击上方公司名可切换其他公司
CARLISLE COMPANIES INC的季度营收约是FORWARD AIR CORP的1.7倍（$1.1B vs $631.2M），CARLISLE COMPANIES INC净利率更高（12.1% vs -4.5%，领先16.6%），FORWARD AIR CORP同比增速更快（-0.3% vs -4.0%），过去两年FORWARD AIR CORP的营收复合增速更高（7.9% vs -14.8%）
卡莱尔公司是专业建筑产品供应商，聚焦于提升建筑能效与稳固性，面向商业建筑领域生产销售单层屋面产品、质保系统及配套配件，旗下设有卡莱尔建筑材料、卡莱尔防水技术两大业务板块，产品涵盖防潮材料、屋面防护层等多个品类。
Forward Air Corp是北美领先的轻资产物流运输服务商，核心业务包括加急零担货运、最后一公里配送、多式联运、仓储及供应链解决方案，服务覆盖美加墨地区，主要服务电商、零售、制造、汽车等行业。
CSL vs FWRD — 直观对比
营收规模更大
CSL
是对方的1.7倍
$631.2M
营收增速更快
FWRD
高出3.7%
-4.0%
净利率更高
CSL
高出16.6%
-4.5%
两年增速更快
FWRD
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $631.2M |
| 净利润 | $127.7M | $-28.3M |
| 毛利率 | 34.5% | — |
| 营业利润率 | 17.1% | -0.5% |
| 净利率 | 12.1% | -4.5% |
| 营收同比 | -4.0% | -0.3% |
| 净利润同比 | -10.9% | 22.2% |
| 每股收益（稀释后） | $3.10 | $-0.90 |
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CSLFWRD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $631.2M | ||
| Q3 25 | $1.3B | $631.8M | ||
| Q2 25 | $1.4B | $618.8M | ||
| Q1 25 | $1.1B | $613.3M | ||
| Q4 24 | $1.1B | $632.8M | ||
| Q3 24 | $1.3B | $655.9M | ||
| Q2 24 | $1.5B | $643.7M |
净利润CSLFWRD
| Q1 26 | $127.7M | — | ||
| Q4 25 | $127.4M | $-28.3M | ||
| Q3 25 | $214.2M | $-16.3M | ||
| Q2 25 | $255.8M | $-12.6M | ||
| Q1 25 | $143.3M | $-50.6M | ||
| Q4 24 | $162.8M | $-36.4M | ||
| Q3 24 | $244.3M | $-73.4M | ||
| Q2 24 | $712.4M | $-645.4M |
毛利率CSLFWRD
| Q1 26 | 34.5% | — | ||
| Q4 25 | 33.8% | — | ||
| Q3 25 | 36.0% | — | ||
| Q2 25 | 37.3% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.1% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 39.2% | — |
营业利润率CSLFWRD
| Q1 26 | 17.1% | — | ||
| Q4 25 | 16.8% | -0.5% | ||
| Q3 25 | 21.8% | 2.4% | ||
| Q2 25 | 23.1% | 3.2% | ||
| Q1 25 | 16.8% | 0.8% | ||
| Q4 24 | 19.9% | 12.0% | ||
| Q3 24 | 23.7% | 3.5% | ||
| Q2 24 | 26.0% | -170.2% |
净利率CSLFWRD
| Q1 26 | 12.1% | — | ||
| Q4 25 | 11.3% | -4.5% | ||
| Q3 25 | 15.9% | -2.6% | ||
| Q2 25 | 17.6% | -2.0% | ||
| Q1 25 | 13.1% | -8.3% | ||
| Q4 24 | 14.5% | -5.8% | ||
| Q3 24 | 18.3% | -11.2% | ||
| Q2 24 | 49.1% | -100.3% |
每股收益（稀释后）CSLFWRD
| Q1 26 | $3.10 | — | ||
| Q4 25 | $3.06 | $-0.90 | ||
| Q3 25 | $4.98 | $-0.52 | ||
| Q2 25 | $5.88 | $-0.41 | ||
| Q1 25 | $3.20 | $-1.68 | ||
| Q4 24 | $3.76 | $-1.69 | ||
| Q3 24 | $5.25 | $-2.66 | ||
| Q2 24 | $14.84 | $-23.47 |
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 | $771.3M | $106.0M |
| 总债务越低越好 | — | $1.7B |
| 股东权益账面价值 | $1.7B | $113.3M |
| 总资产 | — | $2.7B |
| 负债/权益比越低杠杆越低 | — | 14.89× |
8季度趋势，按日历期对齐
现金及短期投资CSLFWRD
| Q1 26 | $771.3M | — | ||
| Q4 25 | $1.1B | $106.0M | ||
| Q3 25 | $1.1B | $140.4M | ||
| Q2 25 | $68.4M | $95.1M | ||
| Q1 25 | $220.2M | $116.3M | ||
| Q4 24 | $753.5M | $104.9M | ||
| Q3 24 | $1.5B | $136.6M | ||
| Q2 24 | $1.7B | $84.9M |
总债务CSLFWRD
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益CSLFWRD
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $113.3M | ||
| Q3 25 | $2.0B | $139.8M | ||
| Q2 25 | $2.1B | $151.8M | ||
| Q1 25 | $2.2B | $154.6M | ||
| Q4 24 | $2.5B | $201.7M | ||
| Q3 24 | $2.8B | $226.1M | ||
| Q2 24 | $3.0B | $283.8M |
总资产CSLFWRD
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $2.7B | ||
| Q3 25 | $6.5B | $2.8B | ||
| Q2 25 | $5.5B | $2.8B | ||
| Q1 25 | $5.5B | $2.8B | ||
| Q4 24 | $5.8B | $2.8B | ||
| Q3 24 | $6.5B | $3.1B | ||
| Q2 24 | $6.7B | $3.1B |
负债/权益比CSLFWRD
| Q1 26 | — | — | ||
| Q4 25 | 1.61× | 14.89× | ||
| Q3 25 | 1.45× | 12.05× | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | 0.77× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.76× | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-73.0M | — |
| 自由现金流率自由现金流/营收 | -6.9% | — |
| 资本支出强度资本支出/营收 | 2.7% | 1.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $924.8M | — |
8季度趋势，按日历期对齐
经营现金流CSLFWRD
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | — | ||
| Q3 25 | $426.9M | $52.7M | ||
| Q2 25 | $287.1M | — | ||
| Q1 25 | $1.8M | $27.6M | ||
| Q4 24 | $370.6M | $-23.2M | ||
| Q3 24 | $312.8M | $51.2M | ||
| Q2 24 | $183.4M | $-45.2M |
自由现金流CSLFWRD
| Q1 26 | $-73.0M | — | ||
| Q4 25 | $346.1M | — | ||
| Q3 25 | $393.4M | $48.6M | ||
| Q2 25 | $258.3M | — | ||
| Q1 25 | $-27.2M | $15.7M | ||
| Q4 24 | $334.0M | $-30.5M | ||
| Q3 24 | $293.5M | $40.7M | ||
| Q2 24 | $158.5M | $-59.6M |
自由现金流率CSLFWRD
| Q1 26 | -6.9% | — | ||
| Q4 25 | 30.7% | — | ||
| Q3 25 | 29.2% | 7.7% | ||
| Q2 25 | 17.8% | — | ||
| Q1 25 | -2.5% | 2.6% | ||
| Q4 24 | 29.7% | -4.8% | ||
| Q3 24 | 22.0% | 6.2% | ||
| Q2 24 | 10.9% | -9.3% |
资本支出强度CSLFWRD
| Q1 26 | 2.7% | — | ||
| Q4 25 | 3.5% | 1.3% | ||
| Q3 25 | 2.5% | 0.7% | ||
| Q2 25 | 2.0% | 0.8% | ||
| Q1 25 | 2.6% | 1.9% | ||
| Q4 24 | 3.3% | 1.1% | ||
| Q3 24 | 1.4% | 1.6% | ||
| Q2 24 | 1.7% | 2.2% |
现金转化率CSLFWRD
| Q1 26 | — | — | ||
| Q4 25 | 3.03× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.28× | — | ||
| Q2 24 | 0.26× | — |
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
CSL
| CCM | $758.0M | 72% |
| CWT | $294.0M | 28% |
FWRD
| Omni Logistics Segment | $359.8M | 57% |
| Network | $183.9M | 29% |
| Intermodal Segment | $50.2M | 8% |
| Truckload | $41.6M | 7% |
