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CARRIAGE SERVICES INC（CSV）与RMR GROUP INC.（RMR）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RMR GROUP INC.的1.6倍（$105.5M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs 11.6%，领先6.6%），RMR GROUP INC.同比增速更快（40.8% vs 8.0%）
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。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
CSV vs RMR — 直观对比
营收规模更大
CSV
是对方的1.6倍
$66.7M
营收增速更快
RMR
高出32.8%
8.0%
净利率更高
RMR
高出6.6%
11.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $66.7M |
| 净利润 | $12.3M | $12.2M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | 48.1% |
| 净利率 | 11.6% | 18.3% |
| 营收同比 | 8.0% | 40.8% |
| 净利润同比 | 24.5% | 91.1% |
| 每股收益（稀释后） | $0.76 | $0.71 |
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CSVRMR
| Q4 25 | $105.5M | $66.7M | ||
| Q3 25 | $102.7M | — | ||
| Q2 25 | $102.1M | — | ||
| Q1 25 | $107.1M | — | ||
| Q4 24 | $97.7M | — | ||
| Q3 24 | $100.7M | — | ||
| Q2 24 | $102.3M | — | ||
| Q1 24 | $103.5M | — |
净利润CSVRMR
| Q4 25 | $12.3M | $12.2M | ||
| Q3 25 | $6.6M | — | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | $20.9M | — | ||
| Q4 24 | $9.9M | — | ||
| Q3 24 | $9.9M | — | ||
| Q2 24 | $6.3M | — | ||
| Q1 24 | $7.0M | — |
毛利率CSVRMR
| 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CSVRMR
| Q4 25 | 23.3% | 48.1% | ||
| Q3 25 | 17.0% | — | ||
| Q2 25 | 23.5% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 18.8% | — |
净利率CSVRMR
| Q4 25 | 11.6% | 18.3% | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 6.7% | — |
每股收益（稀释后）CSVRMR
| Q4 25 | $0.76 | $0.71 | ||
| Q3 25 | $0.41 | — | ||
| Q2 25 | $0.74 | — | ||
| Q1 25 | $1.34 | — | ||
| Q4 24 | $0.62 | — | ||
| Q3 24 | $0.63 | — | ||
| 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 | $49.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $232.7M |
| 总资产 | $1.3B | $687.1M |
| 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CSVRMR
| Q4 25 | $1.7M | $49.3M | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $1.4M | — | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $1.3M | — | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $1.7M | — |
股东权益CSVRMR
| Q4 25 | $254.8M | $232.7M | ||
| Q3 25 | $242.1M | — | ||
| Q2 25 | $235.4M | — | ||
| Q1 25 | $223.1M | — | ||
| Q4 24 | $208.6M | — | ||
| Q3 24 | $198.1M | — | ||
| Q2 24 | $187.9M | — | ||
| Q1 24 | $179.6M | — |
总资产CSVRMR
| Q4 25 | $1.3B | $687.1M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | — |
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 | $10.7M |
| 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× | 0.88× |
| 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CSVRMR
| Q4 25 | $14.1M | $10.7M | ||
| Q3 25 | $24.7M | — | ||
| Q2 25 | $8.1M | — | ||
| Q1 25 | $13.8M | — | ||
| Q4 24 | $9.3M | — | ||
| Q3 24 | $20.9M | — | ||
| Q2 24 | $2.2M | — | ||
| Q1 24 | $19.7M | — |
自由现金流CSVRMR
| 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CSVRMR
| 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CSVRMR
| 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CSVRMR
| Q4 25 | 1.15× | 0.88× | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | — | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | — |
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% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
