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CARLISLE COMPANIES INC（CSL）与Graham Holdings Co（GHC）财务数据对比。点击上方公司名可切换其他公司
Graham Holdings Co的季度营收约是CARLISLE COMPANIES INC的1.2倍（$1.3B vs $1.1B），CARLISLE COMPANIES INC净利率更高（12.1% vs 8.7%，领先3.4%），Graham Holdings Co同比增速更快（0.4% vs -4.0%），Graham Holdings Co自由现金流更多（$5.0M vs $-73.0M），过去两年Graham Holdings Co的营收复合增速更高（4.2% 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。
Graham Holdings是一家总部位于美国弗吉尼亚州阿灵顿县、在特拉华州注册的多元化综合控股集团，曾持有知名媒体《华盛顿邮报》与《新闻周刊》的所有权，旗下业务覆盖多个领域，在北美市场拥有深厚的行业运营积淀。
CSL vs GHC — 直观对比
营收规模更大
GHC
是对方的1.2倍
$1.1B
营收增速更快
GHC
高出4.4%
-4.0%
净利率更高
CSL
高出3.4%
8.7%
自由现金流更多
GHC
多$78.0M
$-73.0M
两年增速更快
GHC
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.3B |
| 净利润 | $127.7M | $108.7M |
| 毛利率 | 34.5% | — |
| 营业利润率 | 17.1% | 3.8% |
| 净利率 | 12.1% | 8.7% |
| 营收同比 | -4.0% | 0.4% |
| 净利润同比 | -10.9% | -80.2% |
| 每股收益（稀释后） | $3.10 | $24.76 |
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CSLGHC
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.3B | $1.3B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B |
净利润CSLGHC
| Q1 26 | $127.7M | — | ||
| Q4 25 | $127.4M | $108.7M | ||
| Q3 25 | $214.2M | $122.9M | ||
| Q2 25 | $255.8M | $36.7M | ||
| Q1 25 | $143.3M | $23.9M | ||
| Q4 24 | $162.8M | $548.8M | ||
| Q3 24 | $244.3M | $72.5M | ||
| Q2 24 | $712.4M | $-21.0M |
毛利率CSLGHC
| 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CSLGHC
| Q1 26 | 17.1% | — | ||
| Q4 25 | 16.8% | 3.8% | ||
| Q3 25 | 21.8% | 5.2% | ||
| Q2 25 | 23.1% | 6.0% | ||
| Q1 25 | 16.8% | 4.1% | ||
| Q4 24 | 19.9% | 5.8% | ||
| Q3 24 | 23.7% | 6.8% | ||
| Q2 24 | 26.0% | 2.2% |
净利率CSLGHC
| Q1 26 | 12.1% | — | ||
| Q4 25 | 11.3% | 8.7% | ||
| Q3 25 | 15.9% | 9.6% | ||
| Q2 25 | 17.6% | 3.0% | ||
| Q1 25 | 13.1% | 2.0% | ||
| Q4 24 | 14.5% | 44.1% | ||
| Q3 24 | 18.3% | 6.0% | ||
| Q2 24 | 49.1% | -1.8% |
每股收益（稀释后）CSLGHC
| Q1 26 | $3.10 | — | ||
| Q4 25 | $3.06 | $24.76 | ||
| Q3 25 | $4.98 | $27.91 | ||
| Q2 25 | $5.88 | $8.35 | ||
| Q1 25 | $3.20 | $5.45 | ||
| Q4 24 | $3.76 | $124.05 | ||
| Q3 24 | $5.25 | $16.42 | ||
| Q2 24 | $14.84 | $-4.79 |
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 | $267.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $4.8B |
| 总资产 | — | $8.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CSLGHC
| Q1 26 | $771.3M | — | ||
| Q4 25 | $1.1B | $267.0M | ||
| Q3 25 | $1.1B | $190.8M | ||
| Q2 25 | $68.4M | $176.2M | ||
| Q1 25 | $220.2M | $156.7M | ||
| Q4 24 | $753.5M | $260.9M | ||
| Q3 24 | $1.5B | $244.4M | ||
| Q2 24 | $1.7B | $140.7M |
总债务CSLGHC
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益CSLGHC
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $4.8B | ||
| Q3 25 | $2.0B | $4.5B | ||
| Q2 25 | $2.1B | $4.4B | ||
| Q1 25 | $2.2B | $4.3B | ||
| Q4 24 | $2.5B | $4.3B | ||
| Q3 24 | $2.8B | $4.0B | ||
| Q2 24 | $3.0B | $4.0B |
总资产CSLGHC
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $8.4B | ||
| Q3 25 | $6.5B | $7.9B | ||
| Q2 25 | $5.5B | $7.6B | ||
| Q1 25 | $5.5B | $7.6B | ||
| Q4 24 | $5.8B | $7.7B | ||
| Q3 24 | $6.5B | $7.4B | ||
| Q2 24 | $6.7B | $7.2B |
负债/权益比CSLGHC
| Q1 26 | — | — | ||
| Q4 25 | 1.61× | — | ||
| Q3 25 | 1.45× | — | ||
| 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 | — | $28.3M |
| 自由现金流经营现金流 - 资本支出 | $-73.0M | $5.0M |
| 自由现金流率自由现金流/营收 | -6.9% | 0.4% |
| 资本支出强度资本支出/营收 | 2.7% | 1.9% |
| 现金转化率经营现金流/净利润 | — | 0.26× |
| 过去12个月自由现金流最近4个季度 | $924.8M | $275.3M |
8季度趋势，按日历期对齐
经营现金流CSLGHC
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | $28.3M | ||
| Q3 25 | $426.9M | $178.1M | ||
| Q2 25 | $287.1M | $94.8M | ||
| Q1 25 | $1.8M | $46.0M | ||
| Q4 24 | $370.6M | $116.3M | ||
| Q3 24 | $312.8M | $237.6M | ||
| Q2 24 | $183.4M | $52.0M |
自由现金流CSLGHC
| Q1 26 | $-73.0M | — | ||
| Q4 25 | $346.1M | $5.0M | ||
| Q3 25 | $393.4M | $161.8M | ||
| Q2 25 | $258.3M | $78.0M | ||
| Q1 25 | $-27.2M | $30.5M | ||
| Q4 24 | $334.0M | $91.1M | ||
| Q3 24 | $293.5M | $219.4M | ||
| Q2 24 | $158.5M | $33.7M |
自由现金流率CSLGHC
| Q1 26 | -6.9% | — | ||
| Q4 25 | 30.7% | 0.4% | ||
| Q3 25 | 29.2% | 12.6% | ||
| Q2 25 | 17.8% | 6.4% | ||
| Q1 25 | -2.5% | 2.6% | ||
| Q4 24 | 29.7% | 7.3% | ||
| Q3 24 | 22.0% | 18.2% | ||
| Q2 24 | 10.9% | 2.8% |
资本支出强度CSLGHC
| Q1 26 | 2.7% | — | ||
| Q4 25 | 3.5% | 1.9% | ||
| Q3 25 | 2.5% | 1.3% | ||
| Q2 25 | 2.0% | 1.4% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 3.3% | 2.0% | ||
| Q3 24 | 1.4% | 1.5% | ||
| Q2 24 | 1.7% | 1.5% |
现金转化率CSLGHC
| Q1 26 | — | — | ||
| Q4 25 | 3.03× | 0.26× | ||
| Q3 25 | 1.99× | 1.45× | ||
| Q2 25 | 1.12× | 2.58× | ||
| Q1 25 | 0.01× | 1.93× | ||
| Q4 24 | 2.28× | 0.21× | ||
| Q3 24 | 1.28× | 3.28× | ||
| 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% |
GHC
| Products | $602.7M | 48% |
| Kaplan International | $251.9M | 20% |
| Manufacturing | $117.8M | 9% |
| Television Broadcasting | $110.5M | 9% |
| Higher Education | $83.8M | 7% |
| Supplemental Education | $74.9M | 6% |
| Related Party | $4.4M | 0% |
