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CARRIAGE SERVICES INC（CSV）与Turning Point Brands, Inc.（TPB）财务数据对比。点击上方公司名可切换其他公司
Turning Point Brands, Inc.的季度营收约是CARRIAGE SERVICES INC的1.1倍（$121.0M vs $105.5M），CARRIAGE SERVICES INC净利率更高（11.6% vs 6.8%，领先4.8%），Turning Point Brands, Inc.同比增速更快（29.2% vs 8.0%），Turning Point Brands, Inc.自由现金流更多（$21.5M vs $6.2M），过去两年Turning Point Brands, Inc.的营收复合增速更高（20.7% 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。
Turning Point Australia（TPAUS）是一家位于澳大利亚的保守派游说团体，隶属于美国转折点组织但保持独立运营，由乔尔·贾马尔创立并于2023年完成注册。该团体目前正积极行动，试图影响2026年3月举行的南澳大利亚州选举结果。
CSV vs TPB — 直观对比
营收规模更大
TPB
是对方的1.1倍
$105.5M
营收增速更快
TPB
高出21.2%
8.0%
净利率更高
CSV
高出4.8%
6.8%
自由现金流更多
TPB
多$15.3M
$6.2M
两年增速更快
TPB
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $121.0M |
| 净利润 | $12.3M | $8.2M |
| 毛利率 | 34.8% | 55.9% |
| 营业利润率 | 23.3% | 16.5% |
| 净利率 | 11.6% | 6.8% |
| 营收同比 | 8.0% | 29.2% |
| 净利润同比 | 24.5% | 239.8% |
| 每股收益（稀释后） | $0.76 | $0.40 |
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CSVTPB
| Q4 25 | $105.5M | $121.0M | ||
| Q3 25 | $102.7M | $119.0M | ||
| Q2 25 | $102.1M | $116.6M | ||
| Q1 25 | $107.1M | $106.4M | ||
| Q4 24 | $97.7M | $93.7M | ||
| Q3 24 | $100.7M | $90.7M | ||
| Q2 24 | $102.3M | $93.2M | ||
| Q1 24 | $103.5M | $83.1M |
净利润CSVTPB
| Q4 25 | $12.3M | $8.2M | ||
| Q3 25 | $6.6M | $21.1M | ||
| Q2 25 | $11.7M | $14.5M | ||
| Q1 25 | $20.9M | $14.4M | ||
| Q4 24 | $9.9M | $2.4M | ||
| Q3 24 | $9.9M | $12.4M | ||
| Q2 24 | $6.3M | $13.0M | ||
| Q1 24 | $7.0M | $12.0M |
毛利率CSVTPB
| Q4 25 | 34.8% | 55.9% | ||
| Q3 25 | 35.3% | 59.2% | ||
| Q2 25 | 35.2% | 57.1% | ||
| Q1 25 | 35.3% | 56.0% | ||
| Q4 24 | 34.4% | 56.0% | ||
| Q3 24 | 35.2% | 55.6% | ||
| Q2 24 | 36.2% | 54.1% | ||
| Q1 24 | 36.0% | 58.2% |
营业利润率CSVTPB
| Q4 25 | 23.3% | 16.5% | ||
| Q3 25 | 17.0% | 21.8% | ||
| Q2 25 | 23.5% | 22.6% | ||
| Q1 25 | 29.5% | 21.8% | ||
| Q4 24 | 21.6% | 19.1% | ||
| Q3 24 | 22.7% | 22.9% | ||
| Q2 24 | 18.0% | 24.5% | ||
| Q1 24 | 18.8% | 23.2% |
净利率CSVTPB
| Q4 25 | 11.6% | 6.8% | ||
| Q3 25 | 6.4% | 17.7% | ||
| Q2 25 | 11.5% | 12.4% | ||
| Q1 25 | 19.5% | 13.5% | ||
| Q4 24 | 10.1% | 2.6% | ||
| Q3 24 | 9.8% | 13.6% | ||
| Q2 24 | 6.1% | 14.0% | ||
| Q1 24 | 6.7% | 14.5% |
每股收益（稀释后）CSVTPB
| Q4 25 | $0.76 | $0.40 | ||
| Q3 25 | $0.41 | $1.13 | ||
| Q2 25 | $0.74 | $0.79 | ||
| Q1 25 | $1.34 | $0.79 | ||
| Q4 24 | $0.62 | $0.15 | ||
| Q3 24 | $0.63 | $0.68 | ||
| Q2 24 | $0.40 | $0.68 | ||
| Q1 24 | $0.45 | $0.63 |
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 | $222.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $372.0M |
| 总资产 | $1.3B | $763.8M |
| 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CSVTPB
| Q4 25 | $1.7M | $222.8M | ||
| Q3 25 | $1.2M | $201.2M | ||
| Q2 25 | $1.4M | $109.9M | ||
| Q1 25 | $4.6M | $99.6M | ||
| Q4 24 | $1.2M | $48.9M | ||
| Q3 24 | $1.3M | $33.6M | ||
| Q2 24 | $1.5M | $142.2M | ||
| Q1 24 | $1.7M | $130.9M |
股东权益CSVTPB
| Q4 25 | $254.8M | $372.0M | ||
| Q3 25 | $242.1M | $358.2M | ||
| Q2 25 | $235.4M | $224.8M | ||
| Q1 25 | $223.1M | $203.4M | ||
| Q4 24 | $208.6M | $190.4M | ||
| Q3 24 | $198.1M | $185.7M | ||
| Q2 24 | $187.9M | $172.8M | ||
| Q1 24 | $179.6M | $160.0M |
总资产CSVTPB
| Q4 25 | $1.3B | $763.8M | ||
| Q3 25 | $1.3B | $742.8M | ||
| Q2 25 | $1.3B | $595.8M | ||
| Q1 25 | $1.3B | $564.6M | ||
| Q4 24 | $1.3B | $493.4M | ||
| Q3 24 | $1.3B | $488.0M | ||
| Q2 24 | $1.3B | $591.6M | ||
| Q1 24 | $1.3B | $586.3M |
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 | $24.9M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $21.5M |
| 自由现金流率自由现金流/营收 | 5.9% | 17.8% |
| 资本支出强度资本支出/营收 | 7.5% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.15× | 3.03× |
| 过去12个月自由现金流最近4个季度 | $40.1M | $43.8M |
8季度趋势，按日历期对齐
经营现金流CSVTPB
| Q4 25 | $14.1M | $24.9M | ||
| Q3 25 | $24.7M | $3.3M | ||
| Q2 25 | $8.1M | $11.8M | ||
| Q1 25 | $13.8M | $17.4M | ||
| Q4 24 | $9.3M | $17.7M | ||
| Q3 24 | $20.9M | $13.2M | ||
| Q2 24 | $2.2M | $13.4M | ||
| Q1 24 | $19.7M | $22.6M |
自由现金流CSVTPB
| Q4 25 | $6.2M | $21.5M | ||
| Q3 25 | $18.0M | $-721.0K | ||
| Q2 25 | $5.2M | $7.8M | ||
| Q1 25 | $10.6M | $15.2M | ||
| Q4 24 | $4.9M | $16.6M | ||
| Q3 24 | $16.2M | $12.6M | ||
| Q2 24 | $-1.4M | $10.9M | ||
| Q1 24 | $16.2M | $22.3M |
自由现金流率CSVTPB
| Q4 25 | 5.9% | 17.8% | ||
| Q3 25 | 17.5% | -0.6% | ||
| Q2 25 | 5.1% | 6.7% | ||
| Q1 25 | 9.9% | 14.3% | ||
| Q4 24 | 5.0% | 17.8% | ||
| Q3 24 | 16.1% | 13.9% | ||
| Q2 24 | -1.4% | 11.7% | ||
| Q1 24 | 15.6% | 26.8% |
资本支出强度CSVTPB
| Q4 25 | 7.5% | 2.8% | ||
| Q3 25 | 6.5% | 3.4% | ||
| Q2 25 | 2.8% | 3.4% | ||
| Q1 25 | 3.0% | 2.1% | ||
| Q4 24 | 4.5% | 1.2% | ||
| Q3 24 | 4.6% | 0.7% | ||
| Q2 24 | 3.5% | 2.7% | ||
| Q1 24 | 3.4% | 0.4% |
现金转化率CSVTPB
| Q4 25 | 1.15× | 3.03× | ||
| Q3 25 | 3.76× | 0.16× | ||
| Q2 25 | 0.69× | 0.82× | ||
| Q1 25 | 0.66× | 1.21× | ||
| Q4 24 | 0.94× | 7.34× | ||
| Q3 24 | 2.11× | 1.07× | ||
| Q2 24 | 0.34× | 1.03× | ||
| Q1 24 | 2.83× | 1.89× |
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% |
TPB
| US | $111.5M | 92% |
| Non Us | $9.6M | 8% |
