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CARLISLE COMPANIES INC（CSL）与Snap Inc（SNAP）财务数据对比。点击上方公司名可切换其他公司
Snap Inc的季度营收约是CARLISLE COMPANIES INC的1.6倍（$1.7B vs $1.1B），CARLISLE COMPANIES INC净利率更高（12.1% vs 2.6%，领先9.5%），Snap Inc同比增速更快（10.2% vs -4.0%），Snap Inc自由现金流更多（$205.6M vs $-73.0M），过去两年Snap Inc的营收复合增速更高（19.9% 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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
CSL vs SNAP — 直观对比
营收规模更大
SNAP
是对方的1.6倍
$1.1B
营收增速更快
SNAP
高出14.2%
-4.0%
净利率更高
CSL
高出9.5%
2.6%
自由现金流更多
SNAP
多$278.6M
$-73.0M
两年增速更快
SNAP
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $127.7M | $45.2M |
| 毛利率 | 34.5% | 59.1% |
| 营业利润率 | 17.1% | 2.9% |
| 净利率 | 12.1% | 2.6% |
| 营收同比 | -4.0% | 10.2% |
| 净利润同比 | -10.9% | 396.7% |
| 每股收益（稀释后） | $3.10 | $0.03 |
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CSLSNAP
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.5B | $1.2B |
净利润CSLSNAP
| Q1 26 | $127.7M | — | ||
| Q4 25 | $127.4M | $45.2M | ||
| Q3 25 | $214.2M | $-103.5M | ||
| Q2 25 | $255.8M | $-262.6M | ||
| Q1 25 | $143.3M | $-139.6M | ||
| Q4 24 | $162.8M | $9.1M | ||
| Q3 24 | $244.3M | $-153.2M | ||
| Q2 24 | $712.4M | $-248.6M |
毛利率CSLSNAP
| Q1 26 | 34.5% | — | ||
| Q4 25 | 33.8% | 59.1% | ||
| Q3 25 | 36.0% | 55.3% | ||
| Q2 25 | 37.3% | 51.4% | ||
| Q1 25 | 35.2% | 53.1% | ||
| Q4 24 | 36.1% | 56.9% | ||
| Q3 24 | 38.6% | 53.5% | ||
| Q2 24 | 39.2% | 52.4% |
营业利润率CSLSNAP
| Q1 26 | 17.1% | — | ||
| Q4 25 | 16.8% | 2.9% | ||
| Q3 25 | 21.8% | -8.5% | ||
| Q2 25 | 23.1% | -19.3% | ||
| Q1 25 | 16.8% | -14.2% | ||
| Q4 24 | 19.9% | -1.7% | ||
| Q3 24 | 23.7% | -12.6% | ||
| Q2 24 | 26.0% | -20.5% |
净利率CSLSNAP
| Q1 26 | 12.1% | — | ||
| Q4 25 | 11.3% | 2.6% | ||
| Q3 25 | 15.9% | -6.9% | ||
| Q2 25 | 17.6% | -19.5% | ||
| Q1 25 | 13.1% | -10.2% | ||
| Q4 24 | 14.5% | 0.6% | ||
| Q3 24 | 18.3% | -11.2% | ||
| Q2 24 | 49.1% | -20.1% |
每股收益（稀释后）CSLSNAP
| Q1 26 | $3.10 | — | ||
| Q4 25 | $3.06 | $0.03 | ||
| Q3 25 | $4.98 | $-0.06 | ||
| Q2 25 | $5.88 | $-0.16 | ||
| Q1 25 | $3.20 | $-0.08 | ||
| Q4 24 | $3.76 | $0.01 | ||
| Q3 24 | $5.25 | $-0.09 | ||
| Q2 24 | $14.84 | $-0.15 |
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 | $2.9B |
| 总债务越低越好 | — | $3.5B |
| 股东权益账面价值 | $1.7B | $2.3B |
| 总资产 | — | $7.7B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资CSLSNAP
| Q1 26 | $771.3M | — | ||
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.1B | $3.0B | ||
| Q2 25 | $68.4M | $2.9B | ||
| Q1 25 | $220.2M | $3.2B | ||
| Q4 24 | $753.5M | $3.4B | ||
| Q3 24 | $1.5B | $3.2B | ||
| Q2 24 | $1.7B | $3.1B |
总债务CSLSNAP
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $3.5B | ||
| Q3 25 | $2.9B | $3.5B | ||
| Q2 25 | $1.9B | $3.6B | ||
| Q1 25 | $1.9B | $3.6B | ||
| Q4 24 | $1.9B | $3.6B | ||
| Q3 24 | $2.3B | $3.6B | ||
| Q2 24 | $2.3B | $3.6B |
股东权益CSLSNAP
| Q1 26 | $1.7B | — | ||
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $2.0B | $2.2B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $2.2B | $2.3B | ||
| Q4 24 | $2.5B | $2.5B | ||
| Q3 24 | $2.8B | $2.2B | ||
| Q2 24 | $3.0B | $2.1B |
总资产CSLSNAP
| Q1 26 | — | — | ||
| Q4 25 | $6.3B | $7.7B | ||
| Q3 25 | $6.5B | $7.6B | ||
| Q2 25 | $5.5B | $7.4B | ||
| Q1 25 | $5.5B | $7.6B | ||
| Q4 24 | $5.8B | $7.9B | ||
| Q3 24 | $6.5B | $7.6B | ||
| Q2 24 | $6.7B | $7.4B |
负债/权益比CSLSNAP
| Q1 26 | — | — | ||
| Q4 25 | 1.61× | 1.55× | ||
| Q3 25 | 1.45× | 1.59× | ||
| Q2 25 | 0.89× | 1.73× | ||
| Q1 25 | 0.87× | 1.56× | ||
| Q4 24 | 0.77× | 1.49× | ||
| Q3 24 | 0.83× | 1.65× | ||
| Q2 24 | 0.76× | 1.76× |
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 | — | $269.6M |
| 自由现金流经营现金流 - 资本支出 | $-73.0M | $205.6M |
| 自由现金流率自由现金流/营收 | -6.9% | 12.0% |
| 资本支出强度资本支出/营收 | 2.7% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 5.96× |
| 过去12个月自由现金流最近4个季度 | $924.8M | $437.2M |
8季度趋势，按日历期对齐
经营现金流CSLSNAP
| Q1 26 | — | — | ||
| Q4 25 | $386.0M | $269.6M | ||
| Q3 25 | $426.9M | $146.5M | ||
| Q2 25 | $287.1M | $88.5M | ||
| Q1 25 | $1.8M | $151.6M | ||
| Q4 24 | $370.6M | $230.6M | ||
| Q3 24 | $312.8M | $115.9M | ||
| Q2 24 | $183.4M | $-21.4M |
自由现金流CSLSNAP
| Q1 26 | $-73.0M | — | ||
| Q4 25 | $346.1M | $205.6M | ||
| Q3 25 | $393.4M | $93.4M | ||
| Q2 25 | $258.3M | $23.8M | ||
| Q1 25 | $-27.2M | $114.4M | ||
| Q4 24 | $334.0M | $182.4M | ||
| Q3 24 | $293.5M | $71.8M | ||
| Q2 24 | $158.5M | $-73.4M |
自由现金流率CSLSNAP
| Q1 26 | -6.9% | — | ||
| Q4 25 | 30.7% | 12.0% | ||
| Q3 25 | 29.2% | 6.2% | ||
| Q2 25 | 17.8% | 1.8% | ||
| Q1 25 | -2.5% | 8.4% | ||
| Q4 24 | 29.7% | 11.7% | ||
| Q3 24 | 22.0% | 5.2% | ||
| Q2 24 | 10.9% | -5.9% |
资本支出强度CSLSNAP
| Q1 26 | 2.7% | — | ||
| Q4 25 | 3.5% | 3.7% | ||
| Q3 25 | 2.5% | 3.5% | ||
| Q2 25 | 2.0% | 4.8% | ||
| Q1 25 | 2.6% | 2.7% | ||
| Q4 24 | 3.3% | 3.1% | ||
| Q3 24 | 1.4% | 3.2% | ||
| Q2 24 | 1.7% | 4.2% |
现金转化率CSLSNAP
| Q1 26 | — | — | ||
| Q4 25 | 3.03× | 5.96× | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 2.28× | 25.34× | ||
| 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% |
SNAP
| Advertising Revenue | $1.5B | 86% |
| Other Revenue | $231.9M | 14% |
