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CARRIAGE SERVICES INC（CSV）与Mayville Engineering Company, Inc.（MEC）财务数据对比。点击上方公司名可切换其他公司
Mayville Engineering Company, Inc.的季度营收约是CARRIAGE SERVICES INC的1.3倍（$134.3M vs $105.5M），CARRIAGE SERVICES INC净利率更高（11.6% vs -3.2%，领先14.9%），Mayville Engineering Company, Inc.同比增速更快（10.7% vs 8.0%），Mayville Engineering Company, Inc.自由现金流更多（$10.2M vs $6.2M），过去两年CARRIAGE SERVICES INC的营收复合增速更高（1.0% vs -8.8%）
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。
Mayville Engineering Company（MEC）是总部位于美国的领先金属零部件、装配组件及定制工程解决方案供应商，主要服务农业、建筑、商用运输、国防、动力运动等领域的原始设备制造商客户，提供从原型开发到大规模量产的全流程服务。
CSV vs MEC — 直观对比
营收规模更大
MEC
是对方的1.3倍
$105.5M
营收增速更快
MEC
高出2.7%
8.0%
净利率更高
CSV
高出14.9%
-3.2%
自由现金流更多
MEC
多$4.0M
$6.2M
两年增速更快
CSV
近两年复合增速
-8.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $134.3M |
| 净利润 | $12.3M | $-4.4M |
| 毛利率 | 34.8% | 6.8% |
| 营业利润率 | 23.3% | -4.1% |
| 净利率 | 11.6% | -3.2% |
| 营收同比 | 8.0% | 10.7% |
| 净利润同比 | 24.5% | -127.3% |
| 每股收益（稀释后） | $0.76 | $-0.22 |
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CSVMEC
| Q4 25 | $105.5M | $134.3M | ||
| Q3 25 | $102.7M | $144.3M | ||
| Q2 25 | $102.1M | $132.3M | ||
| Q1 25 | $107.1M | $135.6M | ||
| Q4 24 | $97.7M | $121.3M | ||
| Q3 24 | $100.7M | $135.4M | ||
| Q2 24 | $102.3M | $163.6M | ||
| Q1 24 | $103.5M | $161.3M |
净利润CSVMEC
| Q4 25 | $12.3M | $-4.4M | ||
| Q3 25 | $6.6M | $-2.7M | ||
| Q2 25 | $11.7M | $-1.1M | ||
| Q1 25 | $20.9M | $20.0K | ||
| Q4 24 | $9.9M | $16.0M | ||
| Q3 24 | $9.9M | $3.0M | ||
| Q2 24 | $6.3M | $3.8M | ||
| Q1 24 | $7.0M | $3.2M |
毛利率CSVMEC
| Q4 25 | 34.8% | 6.8% | ||
| Q3 25 | 35.3% | 11.0% | ||
| Q2 25 | 35.2% | 10.3% | ||
| Q1 25 | 35.3% | 11.3% | ||
| Q4 24 | 34.4% | 8.9% | ||
| Q3 24 | 35.2% | 12.6% | ||
| Q2 24 | 36.2% | 13.6% | ||
| Q1 24 | 36.0% | 13.0% |
营业利润率CSVMEC
| Q4 25 | 23.3% | -4.1% | ||
| Q3 25 | 17.0% | 0.0% | ||
| Q2 25 | 23.5% | 0.1% | ||
| Q1 25 | 29.5% | 1.2% | ||
| Q4 24 | 21.6% | 19.0% | ||
| Q3 24 | 22.7% | 4.2% | ||
| Q2 24 | 18.0% | 5.0% | ||
| Q1 24 | 18.8% | 4.7% |
净利率CSVMEC
| Q4 25 | 11.6% | -3.2% | ||
| Q3 25 | 6.4% | -1.9% | ||
| Q2 25 | 11.5% | -0.8% | ||
| Q1 25 | 19.5% | 0.0% | ||
| Q4 24 | 10.1% | 13.2% | ||
| Q3 24 | 9.8% | 2.2% | ||
| Q2 24 | 6.1% | 2.3% | ||
| Q1 24 | 6.7% | 2.0% |
每股收益（稀释后）CSVMEC
| Q4 25 | $0.76 | $-0.22 | ||
| Q3 25 | $0.41 | $-0.13 | ||
| Q2 25 | $0.74 | $-0.05 | ||
| Q1 25 | $1.34 | $0.00 | ||
| Q4 24 | $0.62 | $0.76 | ||
| Q3 24 | $0.63 | $0.14 | ||
| Q2 24 | $0.40 | $0.18 | ||
| Q1 24 | $0.45 | $0.16 |
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 | $1.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $240.7M |
| 总资产 | $1.3B | $563.6M |
| 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CSVMEC
| Q4 25 | $1.7M | $1.5M | ||
| Q3 25 | $1.2M | $1.2M | ||
| Q2 25 | $1.4M | $206.0K | ||
| Q1 25 | $4.6M | $183.0K | ||
| Q4 24 | $1.2M | $206.0K | ||
| Q3 24 | $1.3M | $178.0K | ||
| Q2 24 | $1.5M | $314.0K | ||
| Q1 24 | $1.7M | $314.0K |
股东权益CSVMEC
| Q4 25 | $254.8M | $240.7M | ||
| Q3 25 | $242.1M | $244.8M | ||
| Q2 25 | $235.4M | $246.8M | ||
| Q1 25 | $223.1M | $250.0M | ||
| Q4 24 | $208.6M | $251.8M | ||
| Q3 24 | $198.1M | $238.4M | ||
| Q2 24 | $187.9M | $238.1M | ||
| Q1 24 | $179.6M | $234.0M |
总资产CSVMEC
| Q4 25 | $1.3B | $563.6M | ||
| Q3 25 | $1.3B | $585.6M | ||
| Q2 25 | $1.3B | $433.7M | ||
| Q1 25 | $1.3B | $447.7M | ||
| Q4 24 | $1.3B | $445.6M | ||
| Q3 24 | $1.3B | $466.0M | ||
| Q2 24 | $1.3B | $488.2M | ||
| Q1 24 | $1.3B | $499.9M |
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 | $13.4M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $10.2M |
| 自由现金流率自由现金流/营收 | 5.9% | 7.6% |
| 资本支出强度资本支出/营收 | 7.5% | 2.4% |
| 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 | $26.9M |
8季度趋势，按日历期对齐
经营现金流CSVMEC
| Q4 25 | $14.1M | $13.4M | ||
| Q3 25 | $24.7M | $1.9M | ||
| Q2 25 | $8.1M | $15.0M | ||
| Q1 25 | $13.8M | $8.3M | ||
| Q4 24 | $9.3M | $38.0M | ||
| Q3 24 | $20.9M | $17.9M | ||
| Q2 24 | $2.2M | $23.3M | ||
| Q1 24 | $19.7M | $10.6M |
自由现金流CSVMEC
| Q4 25 | $6.2M | $10.2M | ||
| Q3 25 | $18.0M | $-1.1M | ||
| Q2 25 | $5.2M | $12.5M | ||
| Q1 25 | $10.6M | $5.4M | ||
| Q4 24 | $4.9M | $35.6M | ||
| Q3 24 | $16.2M | $15.1M | ||
| Q2 24 | $-1.4M | $19.2M | ||
| Q1 24 | $16.2M | $7.8M |
自由现金流率CSVMEC
| Q4 25 | 5.9% | 7.6% | ||
| Q3 25 | 17.5% | -0.8% | ||
| Q2 25 | 5.1% | 9.5% | ||
| Q1 25 | 9.9% | 4.0% | ||
| Q4 24 | 5.0% | 29.4% | ||
| Q3 24 | 16.1% | 11.1% | ||
| Q2 24 | -1.4% | 11.7% | ||
| Q1 24 | 15.6% | 4.9% |
资本支出强度CSVMEC
| Q4 25 | 7.5% | 2.4% | ||
| Q3 25 | 6.5% | 2.1% | ||
| Q2 25 | 2.8% | 1.8% | ||
| Q1 25 | 3.0% | 2.2% | ||
| Q4 24 | 4.5% | 1.9% | ||
| Q3 24 | 4.6% | 2.1% | ||
| Q2 24 | 3.5% | 2.5% | ||
| Q1 24 | 3.4% | 1.7% |
现金转化率CSVMEC
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.66× | 416.65× | ||
| Q4 24 | 0.94× | 2.38× | ||
| Q3 24 | 2.11× | 6.03× | ||
| Q2 24 | 0.34× | 6.15× | ||
| Q1 24 | 2.83× | 3.28× |
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% |
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
