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CARRIAGE SERVICES INC（CSV）与STRATTEC SECURITY CORP（STRT）财务数据对比。点击上方公司名可切换其他公司
STRATTEC SECURITY CORP的季度营收约是CARRIAGE SERVICES INC的1.3倍（$137.5M vs $105.5M），CARRIAGE SERVICES INC净利率更高（11.6% vs 3.6%，领先8.0%），CARRIAGE SERVICES INC同比增速更快（8.0% vs 5.9%），STRATTEC SECURITY CORP自由现金流更多（$11.3M vs $6.2M），过去两年STRATTEC SECURITY CORP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。
STRATTEC安全公司是专业的汽车安全访问解决方案供应商，主营汽车机械与电子锁具、钥匙、无钥匙进入系统等产品，主要服务全球汽车整车厂商、重型车辆制造商及汽车后市场客户，业务覆盖北美、欧洲、亚太等地区。
CSV vs STRT — 直观对比
营收规模更大
STRT
是对方的1.3倍
$105.5M
营收增速更快
CSV
高出2.1%
5.9%
净利率更高
CSV
高出8.0%
3.6%
自由现金流更多
STRT
多$5.0M
$6.2M
两年增速更快
STRT
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $137.5M |
| 净利润 | $12.3M | $4.9M |
| 毛利率 | 34.8% | 16.5% |
| 营业利润率 | 23.3% | 3.5% |
| 净利率 | 11.6% | 3.6% |
| 营收同比 | 8.0% | 5.9% |
| 净利润同比 | 24.5% | 275.1% |
| 每股收益（稀释后） | $0.76 | $1.20 |
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CSVSTRT
| Q4 25 | $105.5M | $137.5M | ||
| Q3 25 | $102.7M | $152.4M | ||
| Q2 25 | $102.1M | $152.0M | ||
| Q1 25 | $107.1M | $144.1M | ||
| Q4 24 | $97.7M | $129.9M | ||
| Q3 24 | $100.7M | $139.1M | ||
| Q2 24 | $102.3M | — | ||
| Q1 24 | $103.5M | $140.8M |
净利润CSVSTRT
| Q4 25 | $12.3M | $4.9M | ||
| Q3 25 | $6.6M | $8.5M | ||
| Q2 25 | $11.7M | $8.3M | ||
| Q1 25 | $20.9M | $5.4M | ||
| Q4 24 | $9.9M | $1.3M | ||
| Q3 24 | $9.9M | $3.7M | ||
| Q2 24 | $6.3M | — | ||
| Q1 24 | $7.0M | $1.5M |
毛利率CSVSTRT
| Q4 25 | 34.8% | 16.5% | ||
| Q3 25 | 35.3% | 17.3% | ||
| Q2 25 | 35.2% | 16.7% | ||
| Q1 25 | 35.3% | 16.0% | ||
| Q4 24 | 34.4% | 13.2% | ||
| Q3 24 | 35.2% | 13.6% | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 36.0% | 10.4% |
营业利润率CSVSTRT
| Q4 25 | 23.3% | 3.5% | ||
| Q3 25 | 17.0% | 6.9% | ||
| Q2 25 | 23.5% | 5.6% | ||
| Q1 25 | 29.5% | 4.9% | ||
| Q4 24 | 21.6% | 1.6% | ||
| Q3 24 | 22.7% | 3.6% | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | 18.8% | 1.4% |
净利率CSVSTRT
| Q4 25 | 11.6% | 3.6% | ||
| Q3 25 | 6.4% | 5.6% | ||
| Q2 25 | 11.5% | 5.4% | ||
| Q1 25 | 19.5% | 3.7% | ||
| Q4 24 | 10.1% | 1.0% | ||
| Q3 24 | 9.8% | 2.7% | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 6.7% | 1.1% |
每股收益（稀释后）CSVSTRT
| Q4 25 | $0.76 | $1.20 | ||
| Q3 25 | $0.41 | $2.07 | ||
| Q2 25 | $0.74 | $2.02 | ||
| Q1 25 | $1.34 | $1.32 | ||
| Q4 24 | $0.62 | $0.32 | ||
| Q3 24 | $0.63 | $0.92 | ||
| Q2 24 | $0.40 | — | ||
| Q1 24 | $0.45 | $0.37 |
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 | $99.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $236.8M |
| 总资产 | $1.3B | $392.2M |
| 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CSVSTRT
| Q4 25 | $1.7M | $99.0M | ||
| Q3 25 | $1.2M | $90.5M | ||
| Q2 25 | $1.4M | $84.6M | ||
| Q1 25 | $4.6M | $62.1M | ||
| Q4 24 | $1.2M | $42.6M | ||
| Q3 24 | $1.3M | $34.4M | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $1.7M | $9.6M |
股东权益CSVSTRT
| Q4 25 | $254.8M | $236.8M | ||
| Q3 25 | $242.1M | $230.5M | ||
| Q2 25 | $235.4M | $221.6M | ||
| Q1 25 | $223.1M | $210.7M | ||
| Q4 24 | $208.6M | $204.5M | ||
| Q3 24 | $198.1M | $203.0M | ||
| Q2 24 | $187.9M | — | ||
| Q1 24 | $179.6M | $193.8M |
总资产CSVSTRT
| Q4 25 | $1.3B | $392.2M | ||
| Q3 25 | $1.3B | $390.1M | ||
| Q2 25 | $1.3B | $391.5M | ||
| Q1 25 | $1.3B | $387.4M | ||
| Q4 24 | $1.3B | $355.9M | ||
| Q3 24 | $1.3B | $366.9M | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.3B | $348.5M |
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 | $13.9M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $11.3M |
| 自由现金流率自由现金流/营收 | 5.9% | 8.2% |
| 资本支出强度资本支出/营收 | 7.5% | 1.9% |
| 现金转化率经营现金流/净利润 | 1.15× | 2.81× |
| 过去12个月自由现金流最近4个季度 | $40.1M | $67.8M |
8季度趋势，按日历期对齐
经营现金流CSVSTRT
| Q4 25 | $14.1M | $13.9M | ||
| Q3 25 | $24.7M | $11.3M | ||
| Q2 25 | $8.1M | $30.2M | ||
| Q1 25 | $13.8M | $20.7M | ||
| Q4 24 | $9.3M | $9.4M | ||
| Q3 24 | $20.9M | $11.3M | ||
| Q2 24 | $2.2M | — | ||
| Q1 24 | $19.7M | $-309.0K |
自由现金流CSVSTRT
| Q4 25 | $6.2M | $11.3M | ||
| Q3 25 | $18.0M | $9.8M | ||
| Q2 25 | $5.2M | $27.2M | ||
| Q1 25 | $10.6M | $19.6M | ||
| Q4 24 | $4.9M | $8.5M | ||
| Q3 24 | $16.2M | $9.3M | ||
| Q2 24 | $-1.4M | — | ||
| Q1 24 | $16.2M | $-2.0M |
自由现金流率CSVSTRT
| Q4 25 | 5.9% | 8.2% | ||
| Q3 25 | 17.5% | 6.4% | ||
| Q2 25 | 5.1% | 17.9% | ||
| Q1 25 | 9.9% | 13.6% | ||
| Q4 24 | 5.0% | 6.6% | ||
| Q3 24 | 16.1% | 6.7% | ||
| Q2 24 | -1.4% | — | ||
| Q1 24 | 15.6% | -1.4% |
资本支出强度CSVSTRT
| Q4 25 | 7.5% | 1.9% | ||
| Q3 25 | 6.5% | 1.0% | ||
| Q2 25 | 2.8% | 2.0% | ||
| Q1 25 | 3.0% | 0.8% | ||
| Q4 24 | 4.5% | 0.7% | ||
| Q3 24 | 4.6% | 1.5% | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.4% | 1.2% |
现金转化率CSVSTRT
| Q4 25 | 1.15× | 2.81× | ||
| Q3 25 | 3.76× | 1.33× | ||
| Q2 25 | 0.69× | 3.65× | ||
| Q1 25 | 0.66× | 3.84× | ||
| Q4 24 | 0.94× | 7.16× | ||
| Q3 24 | 2.11× | 3.06× | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 2.83× | -0.21× |
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% |
STRT
| Door Handles And Exterior Trim | $35.0M | 25% |
| Power Access Solutions | $34.5M | 25% |
| Keys And Locksets | $26.8M | 19% |
| Latches | $16.3M | 12% |
| User Interface Controls | $12.5M | 9% |
| Aftermarket And Service | $9.4M | 7% |
| Other Product | $3.1M | 2% |
| Related Party | $1.3M | 1% |
