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CSW INDUSTRIALS, INC.（CSW）与杜比实验室（DLB）财务数据对比。点击上方公司名可切换其他公司
杜比实验室的季度营收约是CSW INDUSTRIALS, INC.的1.7倍（$395.6M vs $233.0M），杜比实验室净利率更高（24.0% vs 4.4%，领先19.6%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 7.1%），过去两年杜比实验室的营收复合增速更高（13.9% vs 5.1%）
杜比实验室是一家美国科技企业，专注于音频降噪、音频编码压缩、空间音频及高动态范围（HDR）影像等技术的研发，旗下技术广泛授权给全球各地的消费电子制造商使用，助力终端产品为用户带来更出色的视听体验。
CSW vs DLB — 直观对比
营收规模更大
DLB
是对方的1.7倍
$233.0M
营收增速更快
CSW
高出13.3%
7.1%
净利率更高
DLB
高出19.6%
4.4%
两年增速更快
DLB
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $395.6M |
| 净利润 | $10.3M | $94.9M |
| 毛利率 | 39.7% | 88.7% |
| 营业利润率 | 7.4% | 28.5% |
| 净利率 | 4.4% | 24.0% |
| 营收同比 | 20.3% | 7.1% |
| 净利润同比 | -61.9% | 3.4% |
| 每股收益（稀释后） | $0.62 | $0.99 |
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CSWDLB
| Q2 26 | — | $395.6M | ||
| Q1 26 | — | $346.7M | ||
| Q4 25 | $233.0M | $346.7M | ||
| Q3 25 | $277.0M | $307.0M | ||
| Q2 25 | $263.6M | $315.5M | ||
| Q1 25 | $230.5M | $369.6M | ||
| Q4 24 | $193.6M | $357.0M | ||
| Q3 24 | $227.9M | $304.8M |
净利润CSWDLB
| Q2 26 | — | $94.9M | ||
| Q1 26 | — | $53.3M | ||
| Q4 25 | $10.3M | $53.3M | ||
| Q3 25 | $40.7M | $49.3M | ||
| Q2 25 | $40.9M | $46.1M | ||
| Q1 25 | $35.1M | $91.8M | ||
| Q4 24 | $26.9M | $67.8M | ||
| Q3 24 | $36.1M | $58.6M |
毛利率CSWDLB
| Q2 26 | — | 88.7% | ||
| Q1 26 | — | 87.5% | ||
| Q4 25 | 39.7% | 87.5% | ||
| Q3 25 | 43.0% | 87.1% | ||
| Q2 25 | 43.8% | 86.1% | ||
| Q1 25 | 44.2% | 90.3% | ||
| Q4 24 | 41.4% | 88.6% | ||
| Q3 24 | 45.6% | 88.8% |
营业利润率CSWDLB
| Q2 26 | — | 28.5% | ||
| Q1 26 | — | 17.9% | ||
| Q4 25 | 7.4% | 17.9% | ||
| Q3 25 | 20.5% | 9.7% | ||
| Q2 25 | 20.8% | 15.1% | ||
| Q1 25 | 19.5% | 29.2% | ||
| Q4 24 | 15.3% | 22.4% | ||
| Q3 24 | 22.6% | 15.2% |
净利率CSWDLB
| Q2 26 | — | 24.0% | ||
| Q1 26 | — | 15.4% | ||
| Q4 25 | 4.4% | 15.4% | ||
| Q3 25 | 14.7% | 16.1% | ||
| Q2 25 | 15.5% | 14.6% | ||
| Q1 25 | 15.2% | 24.8% | ||
| Q4 24 | 13.9% | 19.0% | ||
| Q3 24 | 15.8% | 19.2% |
每股收益（稀释后）CSWDLB
| Q2 26 | — | $0.99 | ||
| Q1 26 | — | $0.55 | ||
| Q4 25 | $0.62 | $0.55 | ||
| Q3 25 | $2.41 | $0.50 | ||
| Q2 25 | $2.43 | $0.48 | ||
| Q1 25 | $2.05 | $0.94 | ||
| Q4 24 | $1.60 | $0.70 | ||
| Q3 24 | $2.26 | $0.59 |
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 | $40.2M | $594.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $2.6B |
| 总资产 | $2.3B | $3.2B |
| 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CSWDLB
| Q2 26 | — | $594.7M | ||
| Q1 26 | — | $644.6M | ||
| Q4 25 | $40.2M | $644.6M | ||
| Q3 25 | $31.5M | $702.6M | ||
| Q2 25 | $38.0M | $699.3M | ||
| Q1 25 | $225.8M | $626.6M | ||
| Q4 24 | $213.8M | $520.8M | ||
| Q3 24 | $273.2M | $482.0M |
总债务CSWDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
股东权益CSWDLB
| Q2 26 | — | $2.6B | ||
| Q1 26 | — | $2.6B | ||
| Q4 25 | $1.1B | $2.6B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.1B | $2.6B | ||
| Q4 24 | $1.0B | $2.5B | ||
| Q3 24 | $1.0B | $2.5B |
总资产CSWDLB
| Q2 26 | — | $3.2B | ||
| Q1 26 | — | $3.2B | ||
| Q4 25 | $2.3B | $3.2B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.5B | $3.2B | ||
| Q1 25 | $1.4B | $3.2B | ||
| Q4 24 | $1.4B | $3.2B | ||
| Q3 24 | $1.4B | $3.1B |
负债/权益比CSWDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 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 | $28.9M | $147.3M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | — |
| 自由现金流率自由现金流/营收 | 9.8% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 2.81× | 1.55× |
| 过去12个月自由现金流最近4个季度 | $162.0M | — |
8季度趋势，按日历期对齐
经营现金流CSWDLB
| Q2 26 | — | $147.3M | ||
| Q1 26 | — | $54.8M | ||
| Q4 25 | $28.9M | $54.8M | ||
| Q3 25 | $61.8M | $472.2M | ||
| Q2 25 | $60.6M | $67.7M | ||
| Q1 25 | $27.3M | $174.9M | ||
| Q4 24 | $11.6M | $106.8M | ||
| Q3 24 | $66.8M | $327.3M |
自由现金流CSWDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $22.7M | $50.2M | ||
| Q3 25 | $58.7M | $435.9M | ||
| Q2 25 | $57.7M | $61.3M | ||
| Q1 25 | $22.8M | $168.0M | ||
| Q4 24 | $8.5M | $100.0M | ||
| Q3 24 | $61.3M | $297.2M |
自由现金流率CSWDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 14.5% | ||
| Q3 25 | 21.2% | 142.0% | ||
| Q2 25 | 21.9% | 19.4% | ||
| Q1 25 | 9.9% | 45.5% | ||
| Q4 24 | 4.4% | 28.0% | ||
| Q3 24 | 26.9% | 97.5% |
资本支出强度CSWDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 1.3% | ||
| Q3 25 | 1.1% | 11.8% | ||
| Q2 25 | 1.1% | 2.0% | ||
| Q1 25 | 2.0% | 1.9% | ||
| Q4 24 | 1.6% | 1.9% | ||
| Q3 24 | 2.4% | 9.8% |
现金转化率CSWDLB
| Q2 26 | — | 1.55× | ||
| Q1 26 | — | 1.03× | ||
| Q4 25 | 2.81× | 1.03× | ||
| Q3 25 | 1.52× | 9.57× | ||
| Q2 25 | 1.48× | 1.47× | ||
| Q1 25 | 0.78× | 1.91× | ||
| Q4 24 | 0.43× | 1.57× | ||
| Q3 24 | 1.85× | 5.59× |
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
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
DLB
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
