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CARRIAGE SERVICES INC（CSV）与Ecovyst Inc.（ECVT）财务数据对比。点击上方公司名可切换其他公司
Ecovyst Inc.的季度营收约是CARRIAGE SERVICES INC的1.9倍（$199.4M vs $105.5M），Ecovyst Inc.同比增速更快（34.0% vs 8.0%），Ecovyst Inc.自由现金流更多（$22.9M vs $6.2M），过去两年Ecovyst Inc.的营收复合增速更高（18.7% vs 1.0%）
怡和Cycle & Carriage有限公司是怡和集团在东南亚的投资控股公司，目前该集团持有其75%的股份，是怡和集团在东南亚区域开展资本布局与投资业务的核心平台。
Ecovyst Inc.是一家全球可持续特种材料供应商，主营高性能催化剂与功能性添加剂的研发、生产，产品服务覆盖工业制造、消费品、环保等核心领域，助力全球客户提升运营效率、降低碳排放。
CSV vs ECVT — 直观对比
营收规模更大
ECVT
是对方的1.9倍
$105.5M
营收增速更快
ECVT
高出26.0%
8.0%
自由现金流更多
ECVT
多$16.7M
$6.2M
两年增速更快
ECVT
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $199.4M |
| 净利润 | $12.3M | — |
| 毛利率 | 34.8% | 23.4% |
| 营业利润率 | 23.3% | 10.9% |
| 净利率 | 11.6% | — |
| 营收同比 | 8.0% | 34.0% |
| 净利润同比 | 24.5% | — |
| 每股收益（稀释后） | $0.76 | $0.06 |
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CSVECVT
| Q4 25 | $105.5M | $199.4M | ||
| Q3 25 | $102.7M | $204.9M | ||
| Q2 25 | $102.1M | $176.1M | ||
| Q1 25 | $107.1M | $143.1M | ||
| Q4 24 | $97.7M | $148.9M | ||
| Q3 24 | $100.7M | $153.9M | ||
| Q2 24 | $102.3M | $154.0M | ||
| Q1 24 | $103.5M | $141.6M |
净利润CSVECVT
| Q4 25 | $12.3M | — | ||
| Q3 25 | $6.6M | $-79.3M | ||
| Q2 25 | $11.7M | $6.0M | ||
| Q1 25 | $20.9M | $-3.6M | ||
| Q4 24 | $9.9M | — | ||
| Q3 24 | $9.9M | $14.3M | ||
| Q2 24 | $6.3M | $8.3M | ||
| Q1 24 | $7.0M | $1.2M |
毛利率CSVECVT
| Q4 25 | 34.8% | 23.4% | ||
| Q3 25 | 35.3% | 25.4% | ||
| Q2 25 | 35.2% | 22.8% | ||
| Q1 25 | 35.3% | 13.3% | ||
| Q4 24 | 34.4% | 28.9% | ||
| Q3 24 | 35.2% | 29.3% | ||
| Q2 24 | 36.2% | 27.3% | ||
| Q1 24 | 36.0% | 23.5% |
营业利润率CSVECVT
| Q4 25 | 23.3% | 10.9% | ||
| Q3 25 | 17.0% | 13.8% | ||
| Q2 25 | 23.5% | 9.0% | ||
| Q1 25 | 29.5% | -0.7% | ||
| Q4 24 | 21.6% | 15.1% | ||
| Q3 24 | 22.7% | 17.9% | ||
| Q2 24 | 18.0% | 14.1% | ||
| Q1 24 | 18.8% | 9.5% |
净利率CSVECVT
| Q4 25 | 11.6% | — | ||
| Q3 25 | 6.4% | -38.7% | ||
| Q2 25 | 11.5% | 3.4% | ||
| Q1 25 | 19.5% | -2.5% | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 9.8% | 9.3% | ||
| Q2 24 | 6.1% | 5.4% | ||
| Q1 24 | 6.7% | 0.9% |
每股收益（稀释后）CSVECVT
| Q4 25 | $0.76 | $0.06 | ||
| Q3 25 | $0.41 | $-0.69 | ||
| Q2 25 | $0.74 | $0.05 | ||
| Q1 25 | $1.34 | $-0.03 | ||
| Q4 24 | $0.62 | $-0.26 | ||
| Q3 24 | $0.63 | $0.12 | ||
| Q2 24 | $0.40 | $0.07 | ||
| Q1 24 | $0.45 | $0.01 |
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 | $1.7M | $197.2M |
| 总债务越低越好 | — | $392.6M |
| 股东权益账面价值 | $254.8M | $603.4M |
| 总资产 | $1.3B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资CSVECVT
| Q4 25 | $1.7M | $197.2M | ||
| Q3 25 | $1.2M | $82.0M | ||
| Q2 25 | $1.4M | $69.6M | ||
| Q1 25 | $4.6M | $127.5M | ||
| Q4 24 | $1.2M | $131.4M | ||
| Q3 24 | $1.3M | $123.5M | ||
| Q2 24 | $1.5M | $83.3M | ||
| Q1 24 | $1.7M | $103.1M |
总债务CSVECVT
| Q4 25 | — | $392.6M | ||
| Q3 25 | — | $854.8M | ||
| Q2 25 | — | $856.6M | ||
| Q1 25 | — | $859.0M | ||
| Q4 24 | — | $860.8M | ||
| Q3 24 | — | $862.7M | ||
| Q2 24 | — | $862.4M | ||
| Q1 24 | — | $866.2M |
股东权益CSVECVT
| Q4 25 | $254.8M | $603.4M | ||
| Q3 25 | $242.1M | $607.9M | ||
| Q2 25 | $235.4M | $692.4M | ||
| Q1 25 | $223.1M | $698.7M | ||
| Q4 24 | $208.6M | $700.5M | ||
| Q3 24 | $198.1M | $729.4M | ||
| Q2 24 | $187.9M | $717.3M | ||
| Q1 24 | $179.6M | $711.4M |
总资产CSVECVT
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.3B | $1.8B | ||
| Q1 24 | $1.3B | $1.8B |
负债/权益比CSVECVT
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | — | 1.18× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 1.22× |
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 | $14.1M | $41.8M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $22.9M |
| 自由现金流率自由现金流/营收 | 5.9% | 11.5% |
| 资本支出强度资本支出/营收 | 7.5% | 9.4% |
| 现金转化率经营现金流/净利润 | 1.15× | — |
| 过去12个月自由现金流最近4个季度 | $40.1M | $69.9M |
8季度趋势，按日历期对齐
经营现金流CSVECVT
| Q4 25 | $14.1M | $41.8M | ||
| Q3 25 | $24.7M | $55.3M | ||
| Q2 25 | $8.1M | $33.0M | ||
| Q1 25 | $13.8M | $10.3M | ||
| Q4 24 | $9.3M | $43.5M | ||
| Q3 24 | $20.9M | $59.9M | ||
| Q2 24 | $2.2M | $10.0M | ||
| Q1 24 | $19.7M | $36.5M |
自由现金流CSVECVT
| Q4 25 | $6.2M | $22.9M | ||
| Q3 25 | $18.0M | $53.2M | ||
| Q2 25 | $5.2M | $7.8M | ||
| Q1 25 | $10.6M | $-14.0M | ||
| Q4 24 | $4.9M | $30.9M | ||
| Q3 24 | $16.2M | $53.6M | ||
| Q2 24 | $-1.4M | $-9.3M | ||
| Q1 24 | $16.2M | $19.1M |
自由现金流率CSVECVT
| Q4 25 | 5.9% | 11.5% | ||
| Q3 25 | 17.5% | 26.0% | ||
| Q2 25 | 5.1% | 4.4% | ||
| Q1 25 | 9.9% | -9.8% | ||
| Q4 24 | 5.0% | 20.7% | ||
| Q3 24 | 16.1% | 34.9% | ||
| Q2 24 | -1.4% | -6.1% | ||
| Q1 24 | 15.6% | 13.5% |
资本支出强度CSVECVT
| Q4 25 | 7.5% | 9.4% | ||
| Q3 25 | 6.5% | 1.0% | ||
| Q2 25 | 2.8% | 14.4% | ||
| Q1 25 | 3.0% | 16.9% | ||
| Q4 24 | 4.5% | 8.5% | ||
| Q3 24 | 4.6% | 4.1% | ||
| Q2 24 | 3.5% | 12.5% | ||
| Q1 24 | 3.4% | 12.3% |
现金转化率CSVECVT
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | 5.52× | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | 4.21× | ||
| Q2 24 | 0.34× | 1.20× | ||
| Q1 24 | 2.83× | 29.90× |
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
CSV
| Propertyand Merchandise | $47.8M | 45% |
| Cemetery Interment Rights | $24.8M | 23% |
| Merchandise | $18.9M | 18% |
| Other Revenue | $10.2M | 10% |
| Other | $3.9M | 4% |
ECVT
| Industrial Mining Automotive | $101.3M | 51% |
| Regeneration And Treatment Services | $90.0M | 45% |
| Other | $8.1M | 4% |
