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CARLISLE COMPANIES INC（CSL）与明晟（MSCI）财务数据对比。点击上方公司名可切换其他公司
CARLISLE COMPANIES INC的季度营收约是明晟的1.3倍（$1.1B vs $822.5M），明晟净利率更高（34.6% vs 12.1%，领先22.5%），明晟同比增速更快（10.6% vs -4.0%），明晟自由现金流更多（$488.7M vs $-73.0M），过去两年明晟的营收复合增速更高（10.0% 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。
MSCI（明晟）是总部位于美国纽约的金融服务企业，为全球市场提供股票、固定收益、房地产指数、多资产组合分析工具及ESG、气候金融相关产品，旗下运营MSCI全球指数、MSCI新兴市场指数、MSCI全球所有国家（ACWI）指数等多款知名指数产品。
CSL vs MSCI — 直观对比
营收规模更大
CSL
是对方的1.3倍
$822.5M
营收增速更快
MSCI
高出14.6%
-4.0%
净利率更高
MSCI
高出22.5%
12.1%
自由现金流更多
MSCI
多$561.7M
$-73.0M
两年增速更快
MSCI
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $822.5M |
| 净利润 | $127.7M | $284.7M |
| 毛利率 | 34.5% | — |
| 营业利润率 | 17.1% | 56.4% |
| 净利率 | 12.1% | 34.6% |
| 营收同比 | -4.0% | 10.6% |
| 净利润同比 | -10.9% | -6.8% |
| 每股收益（稀释后） | $3.10 | $3.81 |
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CSLMSCI
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $822.5M | ||
| Q3 25 | $1.3B | $793.4M | ||
| Q2 25 | $1.4B | $772.7M | ||
| Q1 25 | $1.1B | $745.8M | ||
| Q4 24 | $1.1B | $743.5M | ||
| Q3 24 | $1.3B | $724.7M | ||
| Q2 24 | $1.5B | $707.9M |
净利润CSLMSCI
| Q1 26 | $127.7M | — | ||
| Q4 25 | $127.4M | $284.7M | ||
| Q3 25 | $214.2M | $325.4M | ||
| Q2 25 | $255.8M | $303.6M | ||
| Q1 25 | $143.3M | $288.6M | ||
| Q4 24 | $162.8M | $305.5M | ||
| Q3 24 | $244.3M | $280.9M | ||
| Q2 24 | $712.4M | $266.8M |
毛利率CSLMSCI
| 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CSLMSCI
| Q1 26 | 17.1% | — | ||
| Q4 25 | 16.8% | 56.4% | ||
| Q3 25 | 21.8% | 56.4% | ||
| Q2 25 | 23.1% | 55.0% | ||
| Q1 25 | 16.8% | 50.6% | ||
| Q4 24 | 19.9% | 54.5% | ||
| Q3 24 | 23.7% | 55.4% | ||
| Q2 24 | 26.0% | 54.0% |
净利率CSLMSCI
| Q1 26 | 12.1% | — | ||
| Q4 25 | 11.3% | 34.6% | ||
| Q3 25 | 15.9% | 41.0% | ||
| Q2 25 | 17.6% | 39.3% | ||
| Q1 25 | 13.1% | 38.7% | ||
| Q4 24 | 14.5% | 41.1% | ||
| Q3 24 | 18.3% | 38.8% | ||
| Q2 24 | 49.1% | 37.7% |
每股收益（稀释后）CSLMSCI
| Q1 26 | $3.10 | — | ||
| Q4 25 | $3.06 | $3.81 | ||
| Q3 25 | $4.98 | $4.25 | ||
| Q2 25 | $5.88 | $3.92 | ||
| Q1 25 | $3.20 | $3.71 | ||
| Q4 24 | $3.76 | $3.89 | ||
| Q3 24 | $5.25 | $3.57 | ||
| Q2 24 | $14.84 | $3.37 |
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 | $515.3M |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $1.7B | $-2.7B |
| 总资产 | — | $5.7B |
| 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CSLMSCI
| Q1 26 | $771.3M | — | ||
| Q4 25 | $1.1B | $515.3M | ||
| Q3 25 | $1.1B | $400.1M | ||
| Q2 25 | $68.4M | $347.3M | ||
| Q1 25 | $220.2M | $360.7M | ||
| Q4 24 | $753.5M | $409.4M | ||
| Q3 24 | $1.5B | $501.0M | ||
| Q2 24 | $1.7B | $451.4M |
总债务CSLMSCI
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $6.2B | ||
| Q3 25 | $2.9B | $5.5B | ||
| Q2 25 | $1.9B | $4.5B | ||
| Q1 25 | $1.9B | $4.5B | ||
| Q4 24 | $1.9B | $4.5B | ||
| Q3 24 | $2.3B | $4.5B | ||
| Q2 24 | $2.3B | $4.5B |
股东权益CSLMSCI
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $-2.7B | ||
| Q3 25 | $2.0B | $-1.9B | ||
| Q2 25 | $2.1B | $-886.2M | ||
| Q1 25 | $2.2B | $-958.6M | ||
| Q4 24 | $2.5B | $-940.0M | ||
| Q3 24 | $2.8B | $-751.0M | ||
| Q2 24 | $3.0B | $-734.5M |
总资产CSLMSCI
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $5.7B | ||
| Q3 25 | $6.5B | $5.4B | ||
| Q2 25 | $5.5B | $5.4B | ||
| Q1 25 | $5.5B | $5.3B | ||
| Q4 24 | $5.8B | $5.4B | ||
| Q3 24 | $6.5B | $5.4B | ||
| Q2 24 | $6.7B | $5.5B |
负债/权益比CSLMSCI
| 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 | — | $501.1M |
| 自由现金流经营现金流 - 资本支出 | $-73.0M | $488.7M |
| 自由现金流率自由现金流/营收 | -6.9% | 59.4% |
| 资本支出强度资本支出/营收 | 2.7% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.76× |
| 过去12个月自由现金流最近4个季度 | $924.8M | $1.5B |
8季度趋势，按日历期对齐
经营现金流CSLMSCI
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | $501.1M | ||
| Q3 25 | $426.9M | $449.4M | ||
| Q2 25 | $287.1M | $336.1M | ||
| Q1 25 | $1.8M | $301.7M | ||
| Q4 24 | $370.6M | $430.6M | ||
| Q3 24 | $312.8M | $421.6M | ||
| Q2 24 | $183.4M | $349.2M |
自由现金流CSLMSCI
| Q1 26 | $-73.0M | — | ||
| Q4 25 | $346.1M | $488.7M | ||
| Q3 25 | $393.4M | $445.5M | ||
| Q2 25 | $258.3M | $324.7M | ||
| Q1 25 | $-27.2M | $290.2M | ||
| Q4 24 | $334.0M | $416.4M | ||
| Q3 24 | $293.5M | $415.0M | ||
| Q2 24 | $158.5M | $340.6M |
自由现金流率CSLMSCI
| Q1 26 | -6.9% | — | ||
| Q4 25 | 30.7% | 59.4% | ||
| Q3 25 | 29.2% | 56.2% | ||
| Q2 25 | 17.8% | 42.0% | ||
| Q1 25 | -2.5% | 38.9% | ||
| Q4 24 | 29.7% | 56.0% | ||
| Q3 24 | 22.0% | 57.3% | ||
| Q2 24 | 10.9% | 48.1% |
资本支出强度CSLMSCI
| Q1 26 | 2.7% | — | ||
| Q4 25 | 3.5% | 1.5% | ||
| Q3 25 | 2.5% | 0.5% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | 2.6% | 1.5% | ||
| Q4 24 | 3.3% | 1.9% | ||
| Q3 24 | 1.4% | 0.9% | ||
| Q2 24 | 1.7% | 1.2% |
现金转化率CSLMSCI
| Q1 26 | — | — | ||
| Q4 25 | 3.03× | 1.76× | ||
| Q3 25 | 1.99× | 1.38× | ||
| Q2 25 | 1.12× | 1.11× | ||
| Q1 25 | 0.01× | 1.05× | ||
| Q4 24 | 2.28× | 1.41× | ||
| Q3 24 | 1.28× | 1.50× | ||
| Q2 24 | 0.26× | 1.31× |
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% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
