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CARRIAGE SERVICES INC（CSV）与EverCommerce Inc.（EVCM）财务数据对比。点击上方公司名可切换其他公司
EverCommerce Inc.的季度营收约是CARRIAGE SERVICES INC的1.4倍（$151.2M vs $105.5M），CARRIAGE SERVICES INC净利率更高（11.6% vs 4.0%，领先7.6%），CARRIAGE SERVICES INC同比增速更快（8.0% vs 5.2%），EverCommerce Inc.自由现金流更多（$21.0M vs $6.2M），过去两年EverCommerce Inc.的营收复合增速更高（4.7% 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。
EverCommerce Inc.是面向服务类中小企业的领先集成SaaS解决方案提供商，核心市场覆盖北美及部分全球区域，产品线包含业务管理、支付处理、客户互动、营销工具等，服务家庭服务、健康康养、健身等多个细分领域。
CSV vs EVCM — 直观对比
营收规模更大
EVCM
是对方的1.4倍
$105.5M
营收增速更快
CSV
高出2.8%
5.2%
净利率更高
CSV
高出7.6%
4.0%
自由现金流更多
EVCM
多$14.8M
$6.2M
两年增速更快
EVCM
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $151.2M |
| 净利润 | $12.3M | $6.0M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | 8.8% |
| 净利率 | 11.6% | 4.0% |
| 营收同比 | 8.0% | 5.2% |
| 净利润同比 | 24.5% | 149.4% |
| 每股收益（稀释后） | $0.76 | $0.04 |
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CSVEVCM
| Q4 25 | $105.5M | $151.2M | ||
| Q3 25 | $102.7M | $147.5M | ||
| Q2 25 | $102.1M | $148.0M | ||
| Q1 25 | $107.1M | $142.3M | ||
| Q4 24 | $97.7M | $143.7M | ||
| Q3 24 | $100.7M | $140.1M | ||
| Q2 24 | $102.3M | $140.5M | ||
| Q1 24 | $103.5M | $137.9M |
净利润CSVEVCM
| Q4 25 | $12.3M | $6.0M | ||
| Q3 25 | $6.6M | $11.1M | ||
| Q2 25 | $11.7M | $8.2M | ||
| Q1 25 | $20.9M | $-7.7M | ||
| Q4 24 | $9.9M | $-12.2M | ||
| Q3 24 | $9.9M | $-9.2M | ||
| Q2 24 | $6.3M | $-3.4M | ||
| Q1 24 | $7.0M | $-16.3M |
毛利率CSVEVCM
| Q4 25 | 34.8% | — | ||
| Q3 25 | 35.3% | — | ||
| Q2 25 | 35.2% | — | ||
| Q1 25 | 35.3% | — | ||
| Q4 24 | 34.4% | — | ||
| Q3 24 | 35.2% | — | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 36.0% | — |
营业利润率CSVEVCM
| Q4 25 | 23.3% | 8.8% | ||
| Q3 25 | 17.0% | 10.8% | ||
| Q2 25 | 23.5% | 10.7% | ||
| Q1 25 | 29.5% | 10.0% | ||
| Q4 24 | 21.6% | 8.8% | ||
| Q3 24 | 22.7% | 7.2% | ||
| Q2 24 | 18.0% | 5.5% | ||
| Q1 24 | 18.8% | -3.1% |
净利率CSVEVCM
| Q4 25 | 11.6% | 4.0% | ||
| Q3 25 | 6.4% | 7.5% | ||
| Q2 25 | 11.5% | 5.5% | ||
| Q1 25 | 19.5% | -5.4% | ||
| Q4 24 | 10.1% | -8.5% | ||
| Q3 24 | 9.8% | -6.5% | ||
| Q2 24 | 6.1% | -2.4% | ||
| Q1 24 | 6.7% | -11.8% |
每股收益（稀释后）CSVEVCM
| Q4 25 | $0.76 | $0.04 | ||
| Q3 25 | $0.41 | $0.06 | ||
| Q2 25 | $0.74 | $0.04 | ||
| Q1 25 | $1.34 | $-0.04 | ||
| Q4 24 | $0.62 | $-0.06 | ||
| Q3 24 | $0.63 | $-0.05 | ||
| Q2 24 | $0.40 | $-0.02 | ||
| Q1 24 | $0.45 | $-0.09 |
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 | $129.7M |
| 总债务越低越好 | — | $523.4M |
| 股东权益账面价值 | $254.8M | $716.9M |
| 总资产 | $1.3B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资CSVEVCM
| Q4 25 | $1.7M | $129.7M | ||
| Q3 25 | $1.2M | $106.9M | ||
| Q2 25 | $1.4M | $151.1M | ||
| Q1 25 | $4.6M | $148.4M | ||
| Q4 24 | $1.2M | $135.8M | ||
| Q3 24 | $1.3M | $101.6M | ||
| Q2 24 | $1.5M | $86.7M | ||
| Q1 24 | $1.7M | $90.0M |
总债务CSVEVCM
| Q4 25 | — | $523.4M | ||
| Q3 25 | — | $524.6M | ||
| Q2 25 | — | $525.8M | ||
| Q1 25 | — | $526.9M | ||
| Q4 24 | — | $527.9M | ||
| Q3 24 | — | $529.0M | ||
| Q2 24 | — | $530.1M | ||
| Q1 24 | — | $531.1M |
股东权益CSVEVCM
| Q4 25 | $254.8M | $716.9M | ||
| Q3 25 | $242.1M | $728.5M | ||
| Q2 25 | $235.4M | $744.0M | ||
| Q1 25 | $223.1M | $739.6M | ||
| Q4 24 | $208.6M | $750.8M | ||
| Q3 24 | $198.1M | $770.7M | ||
| Q2 24 | $187.9M | $784.1M | ||
| Q1 24 | $179.6M | $800.7M |
总资产CSVEVCM
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.3B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
负债/权益比CSVEVCM
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.66× |
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 | $21.3M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $21.0M |
| 自由现金流率自由现金流/营收 | 5.9% | 13.9% |
| 资本支出强度资本支出/营收 | 7.5% | 0.2% |
| 现金转化率经营现金流/净利润 | 1.15× | 3.52× |
| 过去12个月自由现金流最近4个季度 | $40.1M | $109.2M |
8季度趋势，按日历期对齐
经营现金流CSVEVCM
| Q4 25 | $14.1M | $21.3M | ||
| Q3 25 | $24.7M | $32.5M | ||
| Q2 25 | $8.1M | $27.0M | ||
| Q1 25 | $13.8M | $30.7M | ||
| Q4 24 | $9.3M | $48.4M | ||
| Q3 24 | $20.9M | $27.5M | ||
| Q2 24 | $2.2M | $23.9M | ||
| Q1 24 | $19.7M | $13.3M |
自由现金流CSVEVCM
| Q4 25 | $6.2M | $21.0M | ||
| Q3 25 | $18.0M | $31.6M | ||
| Q2 25 | $5.2M | $26.5M | ||
| Q1 25 | $10.6M | $30.2M | ||
| Q4 24 | $4.9M | $48.2M | ||
| Q3 24 | $16.2M | $27.4M | ||
| Q2 24 | $-1.4M | $23.3M | ||
| Q1 24 | $16.2M | $12.9M |
自由现金流率CSVEVCM
| Q4 25 | 5.9% | 13.9% | ||
| Q3 25 | 17.5% | 21.4% | ||
| Q2 25 | 5.1% | 17.9% | ||
| Q1 25 | 9.9% | 21.2% | ||
| Q4 24 | 5.0% | 33.5% | ||
| Q3 24 | 16.1% | 19.5% | ||
| Q2 24 | -1.4% | 16.6% | ||
| Q1 24 | 15.6% | 9.4% |
资本支出强度CSVEVCM
| Q4 25 | 7.5% | 0.2% | ||
| Q3 25 | 6.5% | 0.6% | ||
| Q2 25 | 2.8% | 0.3% | ||
| Q1 25 | 3.0% | 0.3% | ||
| Q4 24 | 4.5% | 0.2% | ||
| Q3 24 | 4.6% | 0.1% | ||
| Q2 24 | 3.5% | 0.5% | ||
| Q1 24 | 3.4% | 0.3% |
现金转化率CSVEVCM
| Q4 25 | 1.15× | 3.52× | ||
| Q3 25 | 3.76× | 2.93× | ||
| Q2 25 | 0.69× | 3.31× | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | — |
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% |
EVCM
| Transferred Over Time | $146.4M | 97% |
| Transferred At Point In Time | $4.8M | 3% |
