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CARRIAGE SERVICES INC（CSV）与MERCANTILE BANK CORP（MBWM）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MERCANTILE BANK CORP的1.6倍（$105.5M vs $67.6M），MERCANTILE BANK CORP净利率更高（33.6% vs 11.6%，领先21.9%），过去两年MERCANTILE BANK CORP的营收复合增速更高（9.1% 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。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
CSV vs MBWM — 直观对比
营收规模更大
CSV
是对方的1.6倍
$67.6M
净利率更高
MBWM
高出21.9%
11.6%
两年增速更快
MBWM
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $67.6M |
| 净利润 | $12.3M | $22.7M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | — |
| 净利率 | 11.6% | 33.6% |
| 营收同比 | 8.0% | — |
| 净利润同比 | 24.5% | 16.1% |
| 每股收益（稀释后） | $0.76 | $1.32 |
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CSVMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $105.5M | $62.1M | ||
| Q3 25 | $102.7M | $62.4M | ||
| Q2 25 | $102.1M | $60.9M | ||
| Q1 25 | $107.1M | $57.3M | ||
| Q4 24 | $97.7M | $58.5M | ||
| Q3 24 | $100.7M | $58.0M | ||
| Q2 24 | $102.3M | $56.8M |
净利润CSVMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $12.3M | $22.8M | ||
| Q3 25 | $6.6M | $23.8M | ||
| Q2 25 | $11.7M | $22.6M | ||
| Q1 25 | $20.9M | $19.5M | ||
| Q4 24 | $9.9M | $19.6M | ||
| Q3 24 | $9.9M | $19.6M | ||
| Q2 24 | $6.3M | $18.8M |
毛利率CSVMBWM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 23.3% | 42.0% | ||
| Q3 25 | 17.0% | 44.0% | ||
| Q2 25 | 23.5% | 42.6% | ||
| Q1 25 | 29.5% | 42.0% | ||
| Q4 24 | 21.6% | 39.7% | ||
| Q3 24 | 22.7% | 42.4% | ||
| Q2 24 | 18.0% | 41.4% |
净利率CSVMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 11.6% | 36.8% | ||
| Q3 25 | 6.4% | 38.1% | ||
| Q2 25 | 11.5% | 37.1% | ||
| Q1 25 | 19.5% | 34.1% | ||
| Q4 24 | 10.1% | 33.5% | ||
| Q3 24 | 9.8% | 33.8% | ||
| Q2 24 | 6.1% | 33.1% |
每股收益（稀释后）CSVMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $0.76 | $1.41 | ||
| Q3 25 | $0.41 | $1.46 | ||
| Q2 25 | $0.74 | $1.39 | ||
| Q1 25 | $1.34 | $1.21 | ||
| Q4 24 | $0.62 | $1.20 | ||
| Q3 24 | $0.63 | $1.22 | ||
| Q2 24 | $0.40 | $1.17 |
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 | — |
| 总债务越低越好 | — | $1.5M |
| 股东权益账面价值 | $254.8M | $736.9M |
| 总资产 | $1.3B | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $1.7M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $1.4M | — | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $1.3M | — | ||
| Q2 24 | $1.5M | — |
总债务CSVMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CSVMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $254.8M | $724.9M | ||
| Q3 25 | $242.1M | $657.6M | ||
| Q2 25 | $235.4M | $631.5M | ||
| Q1 25 | $223.1M | $608.3M | ||
| Q4 24 | $208.6M | $584.5M | ||
| Q3 24 | $198.1M | $583.3M | ||
| Q2 24 | $187.9M | $551.2M |
总资产CSVMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $1.3B | $6.8B | ||
| Q3 25 | $1.3B | $6.3B | ||
| Q2 25 | $1.3B | $6.2B | ||
| Q1 25 | $1.3B | $6.1B | ||
| Q4 24 | $1.3B | $6.1B | ||
| Q3 24 | $1.3B | $5.9B | ||
| Q2 24 | $1.3B | $5.6B |
负债/权益比CSVMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 自由现金流经营现金流 - 资本支出 | $6.2M | — |
| 自由现金流率自由现金流/营收 | 5.9% | — |
| 资本支出强度资本支出/营收 | 7.5% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $14.1M | $18.0M | ||
| Q3 25 | $24.7M | $23.1M | ||
| Q2 25 | $8.1M | $-7.8M | ||
| Q1 25 | $13.8M | $-3.0M | ||
| Q4 24 | $9.3M | $101.1M | ||
| Q3 24 | $20.9M | $-8.1M | ||
| Q2 24 | $2.2M | $9.1M |
自由现金流CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | $6.2M | — | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $5.2M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | $4.9M | — | ||
| Q3 24 | $16.2M | — | ||
| Q2 24 | $-1.4M | — |
自由现金流率CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | -1.4% | — |
资本支出强度CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | — | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | 3.5% | — |
现金转化率CSVMBWM
| Q1 26 | — | — | ||
| Q4 25 | 1.15× | 0.79× | ||
| Q3 25 | 3.76× | 0.97× | ||
| Q2 25 | 0.69× | -0.35× | ||
| Q1 25 | 0.66× | -0.15× | ||
| Q4 24 | 0.94× | 5.15× | ||
| Q3 24 | 2.11× | -0.41× | ||
| Q2 24 | 0.34× | 0.49× |
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% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
