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CARRIAGE SERVICES INC（CSV）与LandBridge Co LLC（LB）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LandBridge Co LLC的1.9倍（$105.5M vs $56.8M），LandBridge Co LLC净利率更高（14.2% vs 11.6%，领先2.6%），LandBridge Co LLC同比增速更快（55.6% vs 8.0%），LandBridge Co LLC自由现金流更多（$122.0M vs $6.2M），过去两年LandBridge Co LLC的营收复合增速更高（72.8% 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。
CSV vs LB — 直观对比
营收规模更大
CSV
是对方的1.9倍
$56.8M
营收增速更快
LB
高出47.6%
8.0%
净利率更高
LB
高出2.6%
11.6%
自由现金流更多
LB
多$115.8M
$6.2M
两年增速更快
LB
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $56.8M |
| 净利润 | $12.3M | $8.1M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | 60.0% |
| 净利率 | 11.6% | 14.2% |
| 营收同比 | 8.0% | 55.6% |
| 净利润同比 | 24.5% | -83.7% |
| 每股收益（稀释后） | $0.76 | $0.24 |
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CSVLB
| Q4 25 | $105.5M | $56.8M | ||
| Q3 25 | $102.7M | $50.8M | ||
| Q2 25 | $102.1M | $47.5M | ||
| Q1 25 | $107.1M | $44.0M | ||
| Q4 24 | $97.7M | $36.5M | ||
| Q3 24 | $100.7M | $28.5M | ||
| Q2 24 | $102.3M | $26.0M | ||
| Q1 24 | $103.5M | $19.0M |
净利润CSVLB
| Q4 25 | $12.3M | $8.1M | ||
| Q3 25 | $6.6M | $8.1M | ||
| Q2 25 | $11.7M | $7.5M | ||
| Q1 25 | $20.9M | $6.5M | ||
| Q4 24 | $9.9M | $49.3M | ||
| Q3 24 | $9.9M | $2.7M | ||
| Q2 24 | $6.3M | $-57.7M | ||
| Q1 24 | $7.0M | $10.8M |
毛利率CSVLB
| 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CSVLB
| Q4 25 | 23.3% | 60.0% | ||
| Q3 25 | 17.0% | 60.8% | ||
| Q2 25 | 23.5% | 60.0% | ||
| Q1 25 | 29.5% | 57.0% | ||
| Q4 24 | 21.6% | 49.4% | ||
| Q3 24 | 22.7% | 11.2% | ||
| Q2 24 | 18.0% | -197.4% | ||
| Q1 24 | 18.8% | 71.1% |
净利率CSVLB
| Q4 25 | 11.6% | 14.2% | ||
| Q3 25 | 6.4% | 15.9% | ||
| Q2 25 | 11.5% | 15.8% | ||
| Q1 25 | 19.5% | 14.7% | ||
| Q4 24 | 10.1% | 135.2% | ||
| Q3 24 | 9.8% | 9.3% | ||
| Q2 24 | 6.1% | -222.1% | ||
| Q1 24 | 6.7% | 56.7% |
每股收益（稀释后）CSVLB
| Q4 25 | $0.76 | $0.24 | ||
| Q3 25 | $0.41 | $0.26 | ||
| Q2 25 | $0.74 | $0.24 | ||
| Q1 25 | $1.34 | $0.20 | ||
| Q4 24 | $0.62 | — | ||
| Q3 24 | $0.63 | $-0.04 | ||
| Q2 24 | $0.40 | — | ||
| Q1 24 | $0.45 | — |
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 | $30.7M |
| 总债务越低越好 | — | $570.7M |
| 股东权益账面价值 | $254.8M | $340.3M |
| 总资产 | $1.3B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 1.68× |
8季度趋势，按日历期对齐
现金及短期投资CSVLB
| Q4 25 | $1.7M | $30.7M | ||
| Q3 25 | $1.2M | $28.3M | ||
| Q2 25 | $1.4M | $20.3M | ||
| Q1 25 | $4.6M | $14.9M | ||
| Q4 24 | $1.2M | $37.0M | ||
| Q3 24 | $1.3M | $14.4M | ||
| Q2 24 | $1.5M | $24.6M | ||
| Q1 24 | $1.7M | — |
总债务CSVLB
| Q4 25 | — | $570.7M | ||
| Q3 25 | — | $366.1M | ||
| Q2 25 | — | $370.9M | ||
| Q1 25 | — | $375.5M | ||
| Q4 24 | — | $385.5M | ||
| Q3 24 | — | $242.4M | ||
| Q2 24 | — | $360.8M | ||
| Q1 24 | — | — |
股东权益CSVLB
| Q4 25 | $254.8M | $340.3M | ||
| Q3 25 | $242.1M | $272.0M | ||
| Q2 25 | $235.4M | $266.4M | ||
| Q1 25 | $223.1M | $217.0M | ||
| Q4 24 | $208.6M | $211.8M | ||
| Q3 24 | $198.1M | $97.2M | ||
| Q2 24 | $187.9M | $296.4M | ||
| Q1 24 | $179.6M | $162.3M |
总资产CSVLB
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.3B | $1.1B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.3B | $1.0B | ||
| Q3 24 | $1.3B | $689.9M | ||
| Q2 24 | $1.3B | $710.5M | ||
| Q1 24 | $1.3B | — |
负债/权益比CSVLB
| Q4 25 | — | 1.68× | ||
| Q3 25 | — | 1.35× | ||
| Q2 25 | — | 1.39× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | — | 1.82× | ||
| Q3 24 | — | 2.49× | ||
| Q2 24 | — | 1.22× | ||
| Q1 24 | — | — |
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 | $126.3M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $122.0M |
| 自由现金流率自由现金流/营收 | 5.9% | 214.9% |
| 资本支出强度资本支出/营收 | 7.5% | 7.5% |
| 现金转化率经营现金流/净利润 | 1.15× | 15.68× |
| 过去12个月自由现金流最近4个季度 | $40.1M | $207.7M |
8季度趋势，按日历期对齐
经营现金流CSVLB
| Q4 25 | $14.1M | $126.3M | ||
| Q3 25 | $24.7M | $34.9M | ||
| Q2 25 | $8.1M | $37.3M | ||
| Q1 25 | $13.8M | $15.9M | ||
| Q4 24 | $9.3M | $67.6M | ||
| Q3 24 | $20.9M | $7.5M | ||
| Q2 24 | $2.2M | $16.0M | ||
| Q1 24 | $19.7M | $17.2M |
自由现金流CSVLB
| Q4 25 | $6.2M | $122.0M | ||
| Q3 25 | $18.0M | $33.7M | ||
| Q2 25 | $5.2M | $36.1M | ||
| Q1 25 | $10.6M | $15.8M | ||
| Q4 24 | $4.9M | $66.7M | ||
| Q3 24 | $16.2M | $7.1M | ||
| Q2 24 | $-1.4M | $15.7M | ||
| Q1 24 | $16.2M | $17.1M |
自由现金流率CSVLB
| Q4 25 | 5.9% | 214.9% | ||
| Q3 25 | 17.5% | 66.3% | ||
| Q2 25 | 5.1% | 75.9% | ||
| Q1 25 | 9.9% | 36.0% | ||
| Q4 24 | 5.0% | 182.6% | ||
| Q3 24 | 16.1% | 25.1% | ||
| Q2 24 | -1.4% | 60.4% | ||
| Q1 24 | 15.6% | 90.1% |
资本支出强度CSVLB
| Q4 25 | 7.5% | 7.5% | ||
| Q3 25 | 6.5% | 2.3% | ||
| Q2 25 | 2.8% | 2.6% | ||
| Q1 25 | 3.0% | 0.2% | ||
| Q4 24 | 4.5% | 2.7% | ||
| Q3 24 | 4.6% | 1.1% | ||
| Q2 24 | 3.5% | 1.4% | ||
| Q1 24 | 3.4% | 0.5% |
现金转化率CSVLB
| Q4 25 | 1.15× | 15.68× | ||
| Q3 25 | 3.76× | 4.31× | ||
| Q2 25 | 0.69× | 4.98× | ||
| Q1 25 | 0.66× | 2.46× | ||
| Q4 24 | 0.94× | 1.37× | ||
| Q3 24 | 2.11× | 2.80× | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | 1.60× |
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% |
LB
暂无分部数据
