vs
CARLISLE COMPANIES INC（CSL）与凯悦酒店集团（H）财务数据对比。点击上方公司名可切换其他公司
凯悦酒店集团的季度营收约是CARLISLE COMPANIES INC的1.7倍（$1.8B vs $1.1B），CARLISLE COMPANIES INC净利率更高（12.1% vs -1.1%，领先13.3%），凯悦酒店集团同比增速更快（11.7% vs -4.0%），凯悦酒店集团自由现金流更多（$236.0M vs $-73.0M），过去两年凯悦酒店集团的营收复合增速更高（2.2% 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。
凯悦酒店集团是来自美国的跨国酒店管理企业，总部位于芝加哥河畔广场区域，由普利兹克家族运营管理。集团主营高端及商务酒店、度假村、度假物业的管理与特许经营业务，目前在全球69个国家拥有逾1350家酒店及一价全包物业，覆盖六大洲。
CSL vs H — 直观对比
营收规模更大
H
是对方的1.7倍
$1.1B
营收增速更快
H
高出15.7%
-4.0%
净利率更高
CSL
高出13.3%
-1.1%
自由现金流更多
H
多$309.0M
$-73.0M
两年增速更快
H
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.8B |
| 净利润 | $127.7M | $-20.0M |
| 毛利率 | 34.5% | — |
| 营业利润率 | 17.1% | 0.4% |
| 净利率 | 12.1% | -1.1% |
| 营收同比 | -4.0% | 11.7% |
| 净利润同比 | -10.9% | 64.3% |
| 每股收益（稀释后） | $3.10 | $-0.20 |
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CSLH
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.5B | $1.7B |
净利润CSLH
| Q1 26 | $127.7M | — | ||
| Q4 25 | $127.4M | $-20.0M | ||
| Q3 25 | $214.2M | $-49.0M | ||
| Q2 25 | $255.8M | $-3.0M | ||
| Q1 25 | $143.3M | $20.0M | ||
| Q4 24 | $162.8M | $-56.0M | ||
| Q3 24 | $244.3M | $471.0M | ||
| Q2 24 | $712.4M | $359.0M |
毛利率CSLH
| 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CSLH
| Q1 26 | 17.1% | — | ||
| Q4 25 | 16.8% | 0.4% | ||
| Q3 25 | 21.8% | -1.0% | ||
| Q2 25 | 23.1% | 2.1% | ||
| Q1 25 | 16.8% | 3.0% | ||
| Q4 24 | 19.9% | -3.0% | ||
| Q3 24 | 23.7% | 37.3% | ||
| Q2 24 | 26.0% | 27.1% |
净利率CSLH
| Q1 26 | 12.1% | — | ||
| Q4 25 | 11.3% | -1.1% | ||
| Q3 25 | 15.9% | -2.7% | ||
| Q2 25 | 17.6% | -0.2% | ||
| Q1 25 | 13.1% | 1.2% | ||
| Q4 24 | 14.5% | -3.5% | ||
| Q3 24 | 18.3% | 28.9% | ||
| Q2 24 | 49.1% | 21.1% |
每股收益（稀释后）CSLH
| Q1 26 | $3.10 | — | ||
| Q4 25 | $3.06 | $-0.20 | ||
| Q3 25 | $4.98 | $-0.51 | ||
| Q2 25 | $5.88 | $-0.03 | ||
| Q1 25 | $3.20 | $0.19 | ||
| Q4 24 | $3.76 | $-0.37 | ||
| Q3 24 | $5.25 | $4.63 | ||
| Q2 24 | $14.84 | $3.46 |
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 | $813.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.7B | $3.3B |
| 总资产 | — | $14.0B |
| 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CSLH
| Q1 26 | $771.3M | — | ||
| Q4 25 | $1.1B | $813.0M | ||
| Q3 25 | $1.1B | $749.0M | ||
| Q2 25 | $68.4M | $912.0M | ||
| Q1 25 | $220.2M | $1.8B | ||
| Q4 24 | $753.5M | $1.4B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.7B | $2.0B |
总债务CSLH
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | $6.0B | ||
| Q2 25 | $1.9B | $6.0B | ||
| Q1 25 | $1.9B | $4.3B | ||
| Q4 24 | $1.9B | $3.8B | ||
| Q3 24 | $2.3B | $3.1B | ||
| Q2 24 | $2.3B | $3.9B |
股东权益CSLH
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $3.3B | ||
| Q3 25 | $2.0B | $3.5B | ||
| Q2 25 | $2.1B | $3.6B | ||
| Q1 25 | $2.2B | $3.5B | ||
| Q4 24 | $2.5B | $3.5B | ||
| Q3 24 | $2.8B | $3.7B | ||
| Q2 24 | $3.0B | $3.9B |
总资产CSLH
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $14.0B | ||
| Q3 25 | $6.5B | $15.7B | ||
| Q2 25 | $5.5B | $15.9B | ||
| Q1 25 | $5.5B | $14.0B | ||
| Q4 24 | $5.8B | $13.3B | ||
| Q3 24 | $6.5B | $11.9B | ||
| Q2 24 | $6.7B | $12.8B |
负债/权益比CSLH
| Q1 26 | — | — | ||
| Q4 25 | 1.61× | — | ||
| Q3 25 | 1.45× | 1.73× | ||
| Q2 25 | 0.89× | 1.69× | ||
| Q1 25 | 0.87× | 1.25× | ||
| Q4 24 | 0.77× | 1.07× | ||
| Q3 24 | 0.83× | 0.85× | ||
| Q2 24 | 0.76× | 1.01× |
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 | — | $313.0M |
| 自由现金流经营现金流 - 资本支出 | $-73.0M | $236.0M |
| 自由现金流率自由现金流/营收 | -6.9% | 13.2% |
| 资本支出强度资本支出/营收 | 2.7% | 4.3% |
| 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 | $159.0M |
8季度趋势，按日历期对齐
经营现金流CSLH
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | $313.0M | ||
| Q3 25 | $426.9M | $-20.0M | ||
| Q2 25 | $287.1M | $-67.0M | ||
| Q1 25 | $1.8M | $153.0M | ||
| Q4 24 | $370.6M | $235.0M | ||
| Q3 24 | $312.8M | $-21.0M | ||
| Q2 24 | $183.4M | $177.0M |
自由现金流CSLH
| Q1 26 | $-73.0M | — | ||
| Q4 25 | $346.1M | $236.0M | ||
| Q3 25 | $393.4M | $-89.0M | ||
| Q2 25 | $258.3M | $-111.0M | ||
| Q1 25 | $-27.2M | $123.0M | ||
| Q4 24 | $334.0M | $184.0M | ||
| Q3 24 | $293.5M | $-64.0M | ||
| Q2 24 | $158.5M | $135.0M |
自由现金流率CSLH
| Q1 26 | -6.9% | — | ||
| Q4 25 | 30.7% | 13.2% | ||
| Q3 25 | 29.2% | -5.0% | ||
| Q2 25 | 17.8% | -6.1% | ||
| Q1 25 | -2.5% | 7.2% | ||
| Q4 24 | 29.7% | 11.5% | ||
| Q3 24 | 22.0% | -3.9% | ||
| Q2 24 | 10.9% | 7.9% |
资本支出强度CSLH
| Q1 26 | 2.7% | — | ||
| Q4 25 | 3.5% | 4.3% | ||
| Q3 25 | 2.5% | 3.9% | ||
| Q2 25 | 2.0% | 2.4% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 3.3% | 3.2% | ||
| Q3 24 | 1.4% | 2.6% | ||
| Q2 24 | 1.7% | 2.5% |
现金转化率CSLH
| Q1 26 | — | — | ||
| Q4 25 | 3.03× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 0.01× | 7.65× | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.28× | -0.04× | ||
| Q2 24 | 0.26× | 0.49× |
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% |
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
