vs
CARRIAGE SERVICES INC（CSV）与RESOURCES CONNECTION, INC.（RGP）财务数据对比。点击上方公司名可切换其他公司
RESOURCES CONNECTION, INC.的季度营收约是CARRIAGE SERVICES INC的1.1倍（$117.7M vs $105.5M），CARRIAGE SERVICES INC净利率更高（11.6% vs -10.8%，领先22.4%），CARRIAGE SERVICES INC同比增速更快（8.0% vs -19.2%），RESOURCES CONNECTION, INC.自由现金流更多（$15.6M vs $6.2M），过去两年CARRIAGE SERVICES INC的营收复合增速更高（1.0% vs -11.8%）
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。
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
CSV vs RGP — 直观对比
营收规模更大
RGP
是对方的1.1倍
$105.5M
营收增速更快
CSV
高出27.1%
-19.2%
净利率更高
CSV
高出22.4%
-10.8%
自由现金流更多
RGP
多$9.4M
$6.2M
两年增速更快
CSV
近两年复合增速
-11.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $117.7M |
| 净利润 | $12.3M | $-12.7M |
| 毛利率 | 34.8% | 37.1% |
| 营业利润率 | 23.3% | -10.3% |
| 净利率 | 11.6% | -10.8% |
| 营收同比 | 8.0% | -19.2% |
| 净利润同比 | 24.5% | 81.6% |
| 每股收益（稀释后） | $0.76 | $-0.38 |
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CSVRGP
| Q4 25 | $105.5M | $117.7M | ||
| Q3 25 | $102.7M | $120.2M | ||
| Q2 25 | $102.1M | $139.3M | ||
| Q1 25 | $107.1M | $129.4M | ||
| Q4 24 | $97.7M | $145.6M | ||
| Q3 24 | $100.7M | $136.9M | ||
| Q2 24 | $102.3M | $148.2M | ||
| Q1 24 | $103.5M | $151.3M |
净利润CSVRGP
| Q4 25 | $12.3M | $-12.7M | ||
| Q3 25 | $6.6M | $-2.4M | ||
| Q2 25 | $11.7M | $-73.3M | ||
| Q1 25 | $20.9M | $-44.1M | ||
| Q4 24 | $9.9M | $-68.7M | ||
| Q3 24 | $9.9M | $-5.7M | ||
| Q2 24 | $6.3M | $10.5M | ||
| Q1 24 | $7.0M | $2.5M |
毛利率CSVRGP
| Q4 25 | 34.8% | 37.1% | ||
| Q3 25 | 35.3% | 39.5% | ||
| Q2 25 | 35.2% | 40.2% | ||
| Q1 25 | 35.3% | 35.1% | ||
| Q4 24 | 34.4% | 38.5% | ||
| Q3 24 | 35.2% | 36.5% | ||
| Q2 24 | 36.2% | 40.2% | ||
| Q1 24 | 36.0% | 37.0% |
营业利润率CSVRGP
| Q4 25 | 23.3% | -10.3% | ||
| Q3 25 | 17.0% | -1.7% | ||
| Q2 25 | 23.5% | -47.0% | ||
| Q1 25 | 29.5% | -38.4% | ||
| Q4 24 | 21.6% | -52.7% | ||
| Q3 24 | 22.7% | -3.5% | ||
| Q2 24 | 18.0% | 7.6% | ||
| Q1 24 | 18.8% | 2.8% |
净利率CSVRGP
| Q4 25 | 11.6% | -10.8% | ||
| Q3 25 | 6.4% | -2.0% | ||
| Q2 25 | 11.5% | -52.6% | ||
| Q1 25 | 19.5% | -34.0% | ||
| Q4 24 | 10.1% | -47.2% | ||
| Q3 24 | 9.8% | -4.2% | ||
| Q2 24 | 6.1% | 7.1% | ||
| Q1 24 | 6.7% | 1.7% |
每股收益（稀释后）CSVRGP
| Q4 25 | $0.76 | $-0.38 | ||
| Q3 25 | $0.41 | $-0.07 | ||
| Q2 25 | $0.74 | $-2.21 | ||
| Q1 25 | $1.34 | $-1.34 | ||
| Q4 24 | $0.62 | $-2.08 | ||
| Q3 24 | $0.63 | $-0.17 | ||
| Q2 24 | $0.40 | $0.31 | ||
| Q1 24 | $0.45 | $0.08 |
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 | $89.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $194.6M |
| 总资产 | $1.3B | $289.3M |
| 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CSVRGP
| Q4 25 | $1.7M | $89.8M | ||
| Q3 25 | $1.2M | $77.5M | ||
| Q2 25 | $1.4M | $86.1M | ||
| Q1 25 | $4.6M | $72.5M | ||
| Q4 24 | $1.2M | $78.2M | ||
| Q3 24 | $1.3M | $89.6M | ||
| Q2 24 | $1.5M | $108.9M | ||
| Q1 24 | $1.7M | $113.8M |
股东权益CSVRGP
| Q4 25 | $254.8M | $194.6M | ||
| Q3 25 | $242.1M | $206.4M | ||
| Q2 25 | $235.4M | $207.1M | ||
| Q1 25 | $223.1M | $277.8M | ||
| Q4 24 | $208.6M | $325.7M | ||
| Q3 24 | $198.1M | $407.2M | ||
| Q2 24 | $187.9M | $418.8M | ||
| Q1 24 | $179.6M | $414.9M |
总资产CSVRGP
| Q4 25 | $1.3B | $289.3M | ||
| Q3 25 | $1.3B | $287.2M | ||
| Q2 25 | $1.3B | $304.7M | ||
| Q1 25 | $1.3B | $375.6M | ||
| Q4 24 | $1.3B | $424.9M | ||
| Q3 24 | $1.3B | $512.9M | ||
| Q2 24 | $1.3B | $510.9M | ||
| Q1 24 | $1.3B | $523.2M |
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 | $15.9M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $15.6M |
| 自由现金流率自由现金流/营收 | 5.9% | 13.2% |
| 资本支出强度资本支出/营收 | 7.5% | 0.3% |
| 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 | $24.3M |
8季度趋势，按日历期对齐
经营现金流CSVRGP
| Q4 25 | $14.1M | $15.9M | ||
| Q3 25 | $24.7M | $-7.8M | ||
| Q2 25 | $8.1M | $16.8M | ||
| Q1 25 | $13.8M | $659.0K | ||
| Q4 24 | $9.3M | $1.8M | ||
| Q3 24 | $20.9M | $-309.0K | ||
| Q2 24 | $2.2M | $3.2M | ||
| Q1 24 | $19.7M | $20.5M |
自由现金流CSVRGP
| Q4 25 | $6.2M | $15.6M | ||
| Q3 25 | $18.0M | $-8.0M | ||
| Q2 25 | $5.2M | $16.5M | ||
| Q1 25 | $10.6M | $238.0K | ||
| Q4 24 | $4.9M | $61.0K | ||
| Q3 24 | $16.2M | $-575.0K | ||
| Q2 24 | $-1.4M | $3.0M | ||
| Q1 24 | $16.2M | $20.4M |
自由现金流率CSVRGP
| Q4 25 | 5.9% | 13.2% | ||
| Q3 25 | 17.5% | -6.6% | ||
| Q2 25 | 5.1% | 11.8% | ||
| Q1 25 | 9.9% | 0.2% | ||
| Q4 24 | 5.0% | 0.0% | ||
| Q3 24 | 16.1% | -0.4% | ||
| Q2 24 | -1.4% | 2.1% | ||
| Q1 24 | 15.6% | 13.5% |
资本支出强度CSVRGP
| Q4 25 | 7.5% | 0.3% | ||
| Q3 25 | 6.5% | 0.1% | ||
| Q2 25 | 2.8% | 0.2% | ||
| Q1 25 | 3.0% | 0.3% | ||
| Q4 24 | 4.5% | 1.2% | ||
| Q3 24 | 4.6% | 0.2% | ||
| Q2 24 | 3.5% | 0.1% | ||
| Q1 24 | 3.4% | 0.1% |
现金转化率CSVRGP
| Q4 25 | 1.15× | — | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.34× | 0.30× | ||
| Q1 24 | 2.83× | 8.04× |
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% |
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
