vs
CARRIAGE SERVICES INC（CSV）与UNIFIRST CORP（UNF）财务数据对比。点击上方公司名可切换其他公司
UNIFIRST CORP的季度营收约是CARRIAGE SERVICES INC的5.9倍（$621.3M vs $105.5M）。CARRIAGE SERVICES INC净利率更高（11.6% vs 5.5%，领先6.1%）。CARRIAGE SERVICES INC同比增速更快（8.0% vs 2.7%）。CARRIAGE SERVICES INC自由现金流更多（$6.2M vs $-24.0M）。过去两年UNIFIRST CORP的营收复合增速更高（2.6% 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。
UniFirst是总部位于美国马萨诸塞州威尔明顿的职业工装租赁服务商，业务覆盖工装及防护服装的生产、销售与租赁。公司拥有超过1.4万名员工，在美、加、欧设有260多处运营网点，涵盖客服中心、核净化设施、洁净车间、配送中心及生产工厂。
CSV vs UNF — 直观对比
营收规模更大
UNF
是对方的5.9倍
$105.5M
营收增速更快
CSV
高出5.3%
2.7%
净利率更高
CSV
高出6.1%
5.5%
自由现金流更多
CSV
多$30.2M
$-24.0M
两年增速更快
UNF
近两年复合增速
1.0%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $105.5M | $621.3M |
| 净利润 | $12.3M | $34.4M |
| 毛利率 | 34.8% | 36.7% |
| 营业利润率 | 23.3% | 7.3% |
| 净利率 | 11.6% | 5.5% |
| 营收同比 | 8.0% | 2.7% |
| 净利润同比 | 24.5% | -20.3% |
| 每股收益（稀释后） | $0.76 | $1.89 |
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CSVUNF
| Q4 25 | $105.5M | $621.3M | ||
| Q3 25 | $102.7M | $614.4M | ||
| Q2 25 | $102.1M | $610.8M | ||
| Q1 25 | $107.1M | — | ||
| Q4 24 | $97.7M | $604.9M | ||
| Q3 24 | $100.7M | $639.9M | ||
| Q2 24 | $102.3M | $603.3M | ||
| Q1 24 | $103.5M | $590.7M |
净利润CSVUNF
| Q4 25 | $12.3M | $34.4M | ||
| Q3 25 | $6.6M | $41.0M | ||
| Q2 25 | $11.7M | $39.7M | ||
| Q1 25 | $20.9M | — | ||
| Q4 24 | $9.9M | $43.1M | ||
| Q3 24 | $9.9M | $44.6M | ||
| Q2 24 | $6.3M | $38.1M | ||
| Q1 24 | $7.0M | $20.5M |
毛利率CSVUNF
| Q4 25 | 34.8% | 36.7% | ||
| Q3 25 | 35.3% | 37.8% | ||
| Q2 25 | 35.2% | 36.9% | ||
| Q1 25 | 35.3% | — | ||
| Q4 24 | 34.4% | 37.0% | ||
| Q3 24 | 35.2% | 36.1% | ||
| Q2 24 | 36.2% | 35.2% | ||
| Q1 24 | 36.0% | 32.9% |
营业利润率CSVUNF
| Q4 25 | 23.3% | 7.3% | ||
| Q3 25 | 17.0% | 8.1% | ||
| Q2 25 | 23.5% | 7.9% | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 21.6% | 9.2% | ||
| Q3 24 | 22.7% | 8.4% | ||
| Q2 24 | 18.0% | 8.0% | ||
| Q1 24 | 18.8% | 4.7% |
净利率CSVUNF
| Q4 25 | 11.6% | 5.5% | ||
| Q3 25 | 6.4% | 6.7% | ||
| Q2 25 | 11.5% | 6.5% | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 10.1% | 7.1% | ||
| Q3 24 | 9.8% | 7.0% | ||
| Q2 24 | 6.1% | 6.3% | ||
| Q1 24 | 6.7% | 3.5% |
每股收益（稀释后）CSVUNF
| Q4 25 | $0.76 | $1.89 | ||
| Q3 25 | $0.41 | $2.23 | ||
| Q2 25 | $0.74 | $2.13 | ||
| Q1 25 | $1.34 | — | ||
| Q4 24 | $0.62 | $2.31 | ||
| Q3 24 | $0.63 | $2.39 | ||
| Q2 24 | $0.40 | $2.03 | ||
| Q1 24 | $0.45 | $1.09 |
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 | $129.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $254.8M | $2.2B |
| 总资产 | $1.3B | $2.8B |
| 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CSVUNF
| Q4 25 | $1.7M | $129.5M | ||
| Q3 25 | $1.2M | $209.2M | ||
| Q2 25 | $1.4M | $211.9M | ||
| Q1 25 | $4.6M | — | ||
| Q4 24 | $1.2M | $181.0M | ||
| Q3 24 | $1.3M | $175.1M | ||
| Q2 24 | $1.5M | $125.4M | ||
| Q1 24 | $1.7M | $101.9M |
股东权益CSVUNF
| Q4 25 | $254.8M | $2.2B | ||
| Q3 25 | $242.1M | $2.2B | ||
| Q2 25 | $235.4M | $2.2B | ||
| Q1 25 | $223.1M | — | ||
| Q4 24 | $208.6M | $2.1B | ||
| Q3 24 | $198.1M | $2.1B | ||
| Q2 24 | $187.9M | $2.1B | ||
| Q1 24 | $179.6M | $2.0B |
总资产CSVUNF
| Q4 25 | $1.3B | $2.8B | ||
| Q3 25 | $1.3B | $2.8B | ||
| Q2 25 | $1.3B | $2.8B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | $2.7B | ||
| Q3 24 | $1.3B | $2.7B | ||
| Q2 24 | $1.3B | $2.7B | ||
| Q1 24 | $1.3B | $2.6B |
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 | $14.9M |
| 自由现金流经营现金流 - 资本支出 | $6.2M | $-24.0M |
| 自由现金流率自由现金流/营收 | 5.9% | -3.9% |
| 资本支出强度资本支出/营收 | 7.5% | 6.3% |
| 现金转化率经营现金流/净利润 | 1.15× | 0.43× |
| 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CSVUNF
| Q4 25 | $14.1M | $14.9M | ||
| Q3 25 | $24.7M | — | ||
| Q2 25 | $8.1M | — | ||
| Q1 25 | $13.8M | — | ||
| Q4 24 | $9.3M | $58.1M | ||
| Q3 24 | $20.9M | $102.3M | ||
| Q2 24 | $2.2M | $86.3M | ||
| Q1 24 | $19.7M | $61.1M |
自由现金流CSVUNF
| Q4 25 | $6.2M | $-24.0M | ||
| Q3 25 | $18.0M | — | ||
| Q2 25 | $5.2M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | $4.9M | $24.6M | ||
| Q3 24 | $16.2M | $63.8M | ||
| Q2 24 | $-1.4M | $37.3M | ||
| Q1 24 | $16.2M | $27.2M |
自由现金流率CSVUNF
| Q4 25 | 5.9% | -3.9% | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 5.0% | 4.1% | ||
| Q3 24 | 16.1% | 10.0% | ||
| Q2 24 | -1.4% | 6.2% | ||
| Q1 24 | 15.6% | 4.6% |
资本支出强度CSVUNF
| Q4 25 | 7.5% | 6.3% | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 4.5% | 5.5% | ||
| Q3 24 | 4.6% | 6.0% | ||
| Q2 24 | 3.5% | 8.1% | ||
| Q1 24 | 3.4% | 5.7% |
现金转化率CSVUNF
| Q4 25 | 1.15× | 0.43× | ||
| Q3 25 | 3.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.94× | 1.35× | ||
| Q3 24 | 2.11× | 2.29× | ||
| Q2 24 | 0.34× | 2.27× | ||
| Q1 24 | 2.83× | 2.98× |
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% |
UNF
| Uniforms And Facility Service Solutions | $568.8M | 92% |
| First Aid And Safety Solutions | $30.8M | 5% |
| Other | $22.9M | 4% |
| Served As An Senior Officer | $400.0K | 0% |
