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CARRIAGE SERVICES INC（CSV）与SONIDA SENIOR LIVING, INC.（SNDA）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SONIDA SENIOR LIVING, INC.的1.1倍（$105.5M vs $97.7M），CARRIAGE SERVICES INC净利率更高（11.6% vs -30.5%，领先42.1%），CARRIAGE SERVICES INC同比增速更快（8.0% vs 6.2%），CARRIAGE SERVICES INC自由现金流更多（$6.2M vs $-9.3M），过去两年SONIDA SENIOR LIVING, INC.的营收复合增速更高（20.3% 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。
Sonida Senior Living, Inc.是美国领先的养老社区运营商、所有者与投资方，按容纳居住人数规模位居行业前列。该公司及前身自1990年起深耕养老住房服务，截至2025年6月1日，已在美国20个州运营96个养老社区，总可容纳超1万名长者，其中83个为公司自有产权社区，13个为第三方委托管理社区。
CSV vs SNDA — 直观对比
营收规模更大
CSV
是对方的1.1倍
$97.7M
营收增速更快
CSV
高出1.7%
6.2%
净利率更高
CSV
高出42.1%
-30.5%
自由现金流更多
CSV
多$15.5M
$-9.3M
两年增速更快
SNDA
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $97.7M |
| 净利润 | $12.3M | $-29.8M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 23.3% | -30.8% |
| 净利率 | 11.6% | -30.5% |
| 营收同比 | 8.0% | 6.2% |
| 净利润同比 | 24.5% | -441.0% |
| 每股收益（稀释后） | $0.76 | $-1.73 |
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CSVSNDA
| Q4 25 | $105.5M | $97.7M | ||
| Q3 25 | $102.7M | $98.0M | ||
| Q2 25 | $102.1M | $93.5M | ||
| Q1 25 | $107.1M | $91.9M | ||
| Q4 24 | $97.7M | $91.9M | ||
| Q3 24 | $100.7M | $74.8M | ||
| Q2 24 | $102.3M | $70.2M | ||
| Q1 24 | $103.5M | $67.4M |
净利润CSVSNDA
| Q4 25 | $12.3M | $-29.8M | ||
| Q3 25 | $6.6M | $-26.9M | ||
| Q2 25 | $11.7M | $-1.6M | ||
| Q1 25 | $20.9M | $-12.5M | ||
| Q4 24 | $9.9M | $-5.5M | ||
| Q3 24 | $9.9M | $-13.8M | ||
| Q2 24 | $6.3M | $-9.8M | ||
| Q1 24 | $7.0M | $27.0M |
毛利率CSVSNDA
| 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CSVSNDA
| Q4 25 | 23.3% | -30.8% | ||
| Q3 25 | 17.0% | -27.8% | ||
| Q2 25 | 23.5% | -2.0% | ||
| Q1 25 | 29.5% | 21.9% | ||
| Q4 24 | 21.6% | -6.7% | ||
| Q3 24 | 22.7% | -19.0% | ||
| Q2 24 | 18.0% | -13.9% | ||
| Q1 24 | 18.8% | 22.1% |
净利率CSVSNDA
| Q4 25 | 11.6% | -30.5% | ||
| Q3 25 | 6.4% | -27.4% | ||
| Q2 25 | 11.5% | -1.7% | ||
| Q1 25 | 19.5% | -13.6% | ||
| Q4 24 | 10.1% | -6.0% | ||
| Q3 24 | 9.8% | -18.4% | ||
| Q2 24 | 6.1% | -14.0% | ||
| Q1 24 | 6.7% | 40.1% |
每股收益（稀释后）CSVSNDA
| Q4 25 | $0.76 | $-1.73 | ||
| Q3 25 | $0.41 | $-1.56 | ||
| Q2 25 | $0.74 | $-0.16 | ||
| Q1 25 | $1.34 | $-0.77 | ||
| Q4 24 | $0.62 | $-0.86 | ||
| Q3 24 | $0.63 | $-0.98 | ||
| Q2 24 | $0.40 | $-0.86 | ||
| Q1 24 | $0.45 | $2.16 |
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 | $11.0M |
| 总债务越低越好 | — | $689.7M |
| 股东权益账面价值 | $254.8M | $-11.0K |
| 总资产 | $1.3B | $844.8M |
| 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CSVSNDA
| Q4 25 | $1.7M | $11.0M | ||
| Q3 25 | $1.2M | $17.0M | ||
| Q2 25 | $1.4M | $14.1M | ||
| Q1 25 | $4.6M | $14.0M | ||
| Q4 24 | $1.2M | $17.0M | ||
| Q3 24 | $1.3M | $24.9M | ||
| Q2 24 | $1.5M | $9.5M | ||
| Q1 24 | $1.7M | $24.2M |
总债务CSVSNDA
| Q4 25 | — | $689.7M | ||
| Q3 25 | — | $684.4M | ||
| Q2 25 | — | $677.9M | ||
| Q1 25 | — | $650.9M | ||
| Q4 24 | — | $651.4M | ||
| Q3 24 | — | $604.1M | ||
| Q2 24 | — | $583.8M | ||
| Q1 24 | — | $578.1M |
股东权益CSVSNDA
| Q4 25 | $254.8M | $-11.0K | ||
| Q3 25 | $242.1M | $29.8M | ||
| Q2 25 | $235.4M | $56.7M | ||
| Q1 25 | $223.1M | $58.8M | ||
| Q4 24 | $208.6M | $71.8M | ||
| Q3 24 | $198.1M | $77.5M | ||
| Q2 24 | $187.9M | $-34.1M | ||
| Q1 24 | $179.6M | $-41.4M |
总资产CSVSNDA
| Q4 25 | $1.3B | $844.8M | ||
| Q3 25 | $1.3B | $854.8M | ||
| Q2 25 | $1.3B | $849.8M | ||
| Q1 25 | $1.3B | $824.5M | ||
| Q4 24 | $1.3B | $841.9M | ||
| Q3 24 | $1.3B | $796.2M | ||
| Q2 24 | $1.3B | $652.2M | ||
| Q1 24 | $1.3B | $636.3M |
负债/权益比CSVSNDA
| Q4 25 | — | — | ||
| Q3 25 | — | 22.99× | ||
| Q2 25 | — | 11.96× | ||
| Q1 25 | — | 11.08× | ||
| Q4 24 | — | 9.07× | ||
| Q3 24 | — | 7.79× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-400.0K |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $-9.3M |
| 自由现金流率自由现金流/营收 | 5.9% | -9.5% |
| 资本支出强度资本支出/营收 | 7.5% | 9.1% |
| 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 | $-8.9M |
8季度趋势，按日历期对齐
经营现金流CSVSNDA
| Q4 25 | $14.1M | $-400.0K | ||
| Q3 25 | $24.7M | $12.0M | ||
| Q2 25 | $8.1M | $8.9M | ||
| Q1 25 | $13.8M | $3.8M | ||
| Q4 24 | $9.3M | $-3.1M | ||
| Q3 24 | $20.9M | $3.0M | ||
| Q2 24 | $2.2M | $2.5M | ||
| Q1 24 | $19.7M | $-4.1M |
自由现金流CSVSNDA
| Q4 25 | $6.2M | $-9.3M | ||
| Q3 25 | $18.0M | $3.0M | ||
| Q2 25 | $5.2M | $1.9M | ||
| Q1 25 | $10.6M | $-4.5M | ||
| Q4 24 | $4.9M | $-10.4M | ||
| Q3 24 | $16.2M | $-5.1M | ||
| Q2 24 | $-1.4M | $-1.7M | ||
| Q1 24 | $16.2M | $-9.9M |
自由现金流率CSVSNDA
| Q4 25 | 5.9% | -9.5% | ||
| Q3 25 | 17.5% | 3.0% | ||
| Q2 25 | 5.1% | 2.1% | ||
| Q1 25 | 9.9% | -4.9% | ||
| Q4 24 | 5.0% | -11.3% | ||
| Q3 24 | 16.1% | -6.8% | ||
| Q2 24 | -1.4% | -2.4% | ||
| Q1 24 | 15.6% | -14.6% |
资本支出强度CSVSNDA
| Q4 25 | 7.5% | 9.1% | ||
| Q3 25 | 6.5% | 9.2% | ||
| Q2 25 | 2.8% | 7.5% | ||
| Q1 25 | 3.0% | 9.1% | ||
| Q4 24 | 4.5% | 7.9% | ||
| Q3 24 | 4.6% | 10.8% | ||
| Q2 24 | 3.5% | 5.9% | ||
| Q1 24 | 3.4% | 8.5% |
现金转化率CSVSNDA
| 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× | — | ||
| Q1 24 | 2.83× | -0.15× |
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% |
SNDA
| Health Care Resident Service | $86.3M | 88% |
| Community Reimbursement Revenue | $10.3M | 11% |
| Management Service | $1.1M | 1% |
