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CARRIAGE SERVICES INC（CSV）与弗雷斯特研究公司（FORR）财务数据对比。点击上方公司名可切换其他公司
CARRIAGE SERVICES INC的季度营收约是弗雷斯特研究公司的1.0倍（$105.5M vs $101.1M），CARRIAGE SERVICES INC净利率更高（11.6% vs -33.5%，领先45.2%），CARRIAGE SERVICES INC同比增速更快（8.0% vs -6.5%），CARRIAGE SERVICES INC自由现金流更多（$6.2M vs $-4.3M），过去两年CARRIAGE SERVICES INC的营收复合增速更高（1.0% vs 0.5%）
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。
福雷斯特研究公司是一家全球领先的研究咨询机构，主营业务涵盖行业研究、管理咨询与行业峰会举办，客户群体包括全球大型企业、科技公司与消费领域领军企业，公司总部位于美国马萨诸塞州剑桥市。
CSV vs FORR — 直观对比
营收规模更大
CSV
是对方的1.0倍
$101.1M
营收增速更快
CSV
高出14.4%
-6.5%
净利率更高
CSV
高出45.2%
-33.5%
自由现金流更多
CSV
多$10.5M
$-4.3M
两年增速更快
CSV
近两年复合增速
0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $101.1M |
| 净利润 | $12.3M | $-33.9M |
| 毛利率 | 34.8% | 56.7% |
| 营业利润率 | 23.3% | -36.6% |
| 净利率 | 11.6% | -33.5% |
| 营收同比 | 8.0% | -6.5% |
| 净利润同比 | 24.5% | -7941.4% |
| 每股收益（稀释后） | $0.76 | $-1.75 |
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CSVFORR
| Q4 25 | $105.5M | $101.1M | ||
| Q3 25 | $102.7M | $94.3M | ||
| Q2 25 | $102.1M | $111.7M | ||
| Q1 25 | $107.1M | $89.9M | ||
| Q4 24 | $97.7M | $108.0M | ||
| Q3 24 | $100.7M | $102.5M | ||
| Q2 24 | $102.3M | $121.8M | ||
| Q1 24 | $103.5M | $100.1M |
净利润CSVFORR
| Q4 25 | $12.3M | $-33.9M | ||
| Q3 25 | $6.6M | $-2.1M | ||
| Q2 25 | $11.7M | $3.9M | ||
| Q1 25 | $20.9M | $-87.3M | ||
| Q4 24 | $9.9M | $432.0K | ||
| Q3 24 | $9.9M | $-5.8M | ||
| Q2 24 | $6.3M | $6.3M | ||
| Q1 24 | $7.0M | $-6.7M |
毛利率CSVFORR
| Q4 25 | 34.8% | 56.7% | ||
| Q3 25 | 35.3% | 60.0% | ||
| Q2 25 | 35.2% | 55.5% | ||
| Q1 25 | 35.3% | 55.9% | ||
| Q4 24 | 34.4% | 58.8% | ||
| Q3 24 | 35.2% | 60.5% | ||
| Q2 24 | 36.2% | 57.3% | ||
| Q1 24 | 36.0% | 54.9% |
营业利润率CSVFORR
| Q4 25 | 23.3% | -36.6% | ||
| Q3 25 | 17.0% | 4.7% | ||
| Q2 25 | 23.5% | 6.2% | ||
| Q1 25 | 29.5% | -97.5% | ||
| Q4 24 | 21.6% | -0.5% | ||
| Q3 24 | 22.7% | -0.7% | ||
| Q2 24 | 18.0% | 9.3% | ||
| Q1 24 | 18.8% | -9.3% |
净利率CSVFORR
| Q4 25 | 11.6% | -33.5% | ||
| Q3 25 | 6.4% | -2.3% | ||
| Q2 25 | 11.5% | 3.5% | ||
| Q1 25 | 19.5% | -97.1% | ||
| Q4 24 | 10.1% | 0.4% | ||
| Q3 24 | 9.8% | -5.7% | ||
| Q2 24 | 6.1% | 5.2% | ||
| Q1 24 | 6.7% | -6.7% |
每股收益（稀释后）CSVFORR
| Q4 25 | $0.76 | $-1.75 | ||
| Q3 25 | $0.41 | $-0.11 | ||
| Q2 25 | $0.74 | $0.20 | ||
| Q1 25 | $1.34 | $-4.62 | ||
| Q4 24 | $0.62 | $0.02 | ||
| Q3 24 | $0.63 | $-0.30 | ||
| Q2 24 | $0.40 | $0.33 | ||
| Q1 24 | $0.45 | $-0.35 |
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 | $63.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $126.5M |
| 总资产 | $1.3B | $404.0M |
| 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CSVFORR
| Q4 25 | $1.7M | $63.3M | ||
| Q3 25 | $1.2M | $65.1M | ||
| Q2 25 | $1.4M | $67.8M | ||
| Q1 25 | $4.6M | $75.6M | ||
| Q4 24 | $1.2M | $56.1M | ||
| Q3 24 | $1.3M | $62.8M | ||
| Q2 24 | $1.5M | $58.9M | ||
| Q1 24 | $1.7M | $61.4M |
股东权益CSVFORR
| Q4 25 | $254.8M | $126.5M | ||
| Q3 25 | $242.1M | $157.7M | ||
| Q2 25 | $235.4M | $159.5M | ||
| Q1 25 | $223.1M | $147.4M | ||
| Q4 24 | $208.6M | $229.5M | ||
| Q3 24 | $198.1M | $234.3M | ||
| Q2 24 | $187.9M | $237.1M | ||
| Q1 24 | $179.6M | $230.9M |
总资产CSVFORR
| Q4 25 | $1.3B | $404.0M | ||
| Q3 25 | $1.3B | $414.2M | ||
| Q2 25 | $1.3B | $436.0M | ||
| Q1 25 | $1.3B | $439.8M | ||
| Q4 24 | $1.3B | $503.9M | ||
| Q3 24 | $1.3B | $505.3M | ||
| Q2 24 | $1.3B | $524.2M | ||
| Q1 24 | $1.3B | $555.7M |
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 | $-3.2M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $-4.3M |
| 自由现金流率自由现金流/营收 | 5.9% | -4.2% |
| 资本支出强度资本支出/营收 | 7.5% | 1.1% |
| 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 | $18.1M |
8季度趋势，按日历期对齐
经营现金流CSVFORR
| Q4 25 | $14.1M | $-3.2M | ||
| Q3 25 | $24.7M | $1.2M | ||
| Q2 25 | $8.1M | $-3.6M | ||
| Q1 25 | $13.8M | $26.7M | ||
| Q4 24 | $9.3M | $-1.8M | ||
| Q3 24 | $20.9M | $264.0K | ||
| Q2 24 | $2.2M | $-2.9M | ||
| Q1 24 | $19.7M | $611.0K |
自由现金流CSVFORR
| Q4 25 | $6.2M | $-4.3M | ||
| Q3 25 | $18.0M | $524.0K | ||
| Q2 25 | $5.2M | $-4.2M | ||
| Q1 25 | $10.6M | $26.1M | ||
| Q4 24 | $4.9M | $-2.5M | ||
| Q3 24 | $16.2M | $-223.0K | ||
| Q2 24 | $-1.4M | $-3.7M | ||
| Q1 24 | $16.2M | $-815.0K |
自由现金流率CSVFORR
| Q4 25 | 5.9% | -4.2% | ||
| Q3 25 | 17.5% | 0.6% | ||
| Q2 25 | 5.1% | -3.8% | ||
| Q1 25 | 9.9% | 29.0% | ||
| Q4 24 | 5.0% | -2.3% | ||
| Q3 24 | 16.1% | -0.2% | ||
| Q2 24 | -1.4% | -3.1% | ||
| Q1 24 | 15.6% | -0.8% |
资本支出强度CSVFORR
| Q4 25 | 7.5% | 1.1% | ||
| Q3 25 | 6.5% | 0.7% | ||
| Q2 25 | 2.8% | 0.5% | ||
| Q1 25 | 3.0% | 0.7% | ||
| Q4 24 | 4.5% | 0.6% | ||
| Q3 24 | 4.6% | 0.5% | ||
| Q2 24 | 3.5% | 0.7% | ||
| Q1 24 | 3.4% | 1.4% |
现金转化率CSVFORR
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | -0.93× | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | -4.24× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.34× | -0.46× | ||
| 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% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
