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CARRIAGE SERVICES INC（CSV）与MFA FINANCIAL, INC.（MFA）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MFA FINANCIAL, INC.的1.9倍（$105.5M vs $55.5M），MFA FINANCIAL, INC.同比增速更快（9.2% vs 8.0%），过去两年MFA FINANCIAL, INC.的营收复合增速更高（7.7% 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。
MFA Financial是总部位于美国的房地产投资信托（REIT），核心业务为投资及管理住宅与商业抵押贷款支持证券、抵押贷款及其他不动产相关金融资产，面向美国本土机构和个人投资者，通过审慎的资产筛选与风控机制追求稳定的经风险调整后收益。
CSV vs MFA — 直观对比
营收规模更大
CSV
是对方的1.9倍
$55.5M
营收增速更快
MFA
高出1.2%
8.0%
两年增速更快
MFA
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $55.5M |
| 净利润 | $12.3M | — |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | 97.9% |
| 净利率 | 11.6% | — |
| 营收同比 | 8.0% | 9.2% |
| 净利润同比 | 24.5% | — |
| 每股收益（稀释后） | $0.76 | $0.43 |
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CSVMFA
| Q4 25 | $105.5M | $55.5M | ||
| Q3 25 | $102.7M | $56.8M | ||
| Q2 25 | $102.1M | $61.3M | ||
| Q1 25 | $107.1M | $57.5M | ||
| Q4 24 | $97.7M | $50.8M | ||
| Q3 24 | $100.7M | $50.6M | ||
| Q2 24 | $102.3M | $53.5M | ||
| Q1 24 | $103.5M | $47.8M |
净利润CSVMFA
| Q4 25 | $12.3M | — | ||
| Q3 25 | $6.6M | $48.1M | ||
| Q2 25 | $11.7M | $33.2M | ||
| Q1 25 | $20.9M | $41.2M | ||
| Q4 24 | $9.9M | — | ||
| Q3 24 | $9.9M | $48.2M | ||
| Q2 24 | $6.3M | $41.9M | ||
| Q1 24 | $7.0M | $23.2M |
毛利率CSVMFA
| 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CSVMFA
| Q4 25 | 23.3% | 97.9% | ||
| Q3 25 | 17.0% | 84.5% | ||
| Q2 25 | 23.5% | 54.5% | ||
| Q1 25 | 29.5% | 70.0% | ||
| Q4 24 | 21.6% | 6.8% | ||
| Q3 24 | 22.7% | 98.2% | ||
| Q2 24 | 18.0% | 79.1% | ||
| Q1 24 | 18.8% | 50.7% |
净利率CSVMFA
| Q4 25 | 11.6% | — | ||
| Q3 25 | 6.4% | 84.7% | ||
| Q2 25 | 11.5% | 54.2% | ||
| Q1 25 | 19.5% | 71.6% | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 9.8% | 95.2% | ||
| Q2 24 | 6.1% | 78.4% | ||
| Q1 24 | 6.7% | 48.5% |
每股收益（稀释后）CSVMFA
| Q4 25 | $0.76 | $0.43 | ||
| Q3 25 | $0.41 | $0.35 | ||
| Q2 25 | $0.74 | $0.21 | ||
| Q1 25 | $1.34 | $0.31 | ||
| Q4 24 | $0.62 | $-0.01 | ||
| Q3 24 | $0.63 | $0.37 | ||
| Q2 24 | $0.40 | $0.32 | ||
| Q1 24 | $0.45 | $0.14 |
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 | $213.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $1.8B |
| 总资产 | $1.3B | $13.0B |
| 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CSVMFA
| Q4 25 | $1.7M | $213.2M | ||
| Q3 25 | $1.2M | $305.2M | ||
| Q2 25 | $1.4M | $275.7M | ||
| Q1 25 | $4.6M | $253.7M | ||
| Q4 24 | $1.2M | $338.9M | ||
| Q3 24 | $1.3M | $305.6M | ||
| Q2 24 | $1.5M | $289.4M | ||
| Q1 24 | $1.7M | $306.3M |
股东权益CSVMFA
| Q4 25 | $254.8M | $1.8B | ||
| Q3 25 | $242.1M | $1.8B | ||
| Q2 25 | $235.4M | $1.8B | ||
| Q1 25 | $223.1M | $1.8B | ||
| Q4 24 | $208.6M | $1.8B | ||
| Q3 24 | $198.1M | $1.9B | ||
| Q2 24 | $187.9M | $1.9B | ||
| Q1 24 | $179.6M | $1.9B |
总资产CSVMFA
| Q4 25 | $1.3B | $13.0B | ||
| Q3 25 | $1.3B | $12.1B | ||
| Q2 25 | $1.3B | $11.7B | ||
| Q1 25 | $1.3B | $11.5B | ||
| Q4 24 | $1.3B | $11.4B | ||
| Q3 24 | $1.3B | $11.2B | ||
| Q2 24 | $1.3B | $11.1B | ||
| Q1 24 | $1.3B | $10.9B |
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 | $76.2M |
| 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CSVMFA
| Q4 25 | $14.1M | $76.2M | ||
| Q3 25 | $24.7M | $14.7M | ||
| Q2 25 | $8.1M | $38.5M | ||
| Q1 25 | $13.8M | $-14.6M | ||
| Q4 24 | $9.3M | $200.1M | ||
| Q3 24 | $20.9M | $-11.3M | ||
| Q2 24 | $2.2M | $46.5M | ||
| Q1 24 | $19.7M | $53.5M |
自由现金流CSVMFA
| 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 | — | ||
| Q1 24 | $16.2M | — |
自由现金流率CSVMFA
| 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% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度CSVMFA
| 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% | — | ||
| Q1 24 | 3.4% | — |
现金转化率CSVMFA
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | 0.31× | ||
| Q2 25 | 0.69× | 1.16× | ||
| Q1 25 | 0.66× | -0.35× | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | -0.23× | ||
| Q2 24 | 0.34× | 1.11× | ||
| Q1 24 | 2.83× | 2.30× |
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% |
MFA
暂无分部数据
