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CSW INDUSTRIALS, INC.（CSW）与Empire State Realty OP, L.P.（ESBA）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是Empire State Realty OP, L.P.的1.2倍（$233.0M vs $199.2M），Empire State Realty OP, L.P.净利率更高（16.1% vs 4.4%，领先11.7%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 0.8%），Empire State Realty OP, L.P.自由现金流更多（$50.6M vs $22.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs 4.9%）
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
CSW vs ESBA — 直观对比
营收规模更大
CSW
是对方的1.2倍
$199.2M
营收增速更快
CSW
高出19.5%
0.8%
净利率更高
ESBA
高出11.7%
4.4%
自由现金流更多
ESBA
多$27.8M
$22.7M
两年增速更快
CSW
近两年复合增速
4.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $199.2M |
| 净利润 | $10.3M | $32.2M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | 17.8% |
| 净利率 | 4.4% | 16.1% |
| 营收同比 | 20.3% | 0.8% |
| 净利润同比 | -61.9% | 71.2% |
| 每股收益（稀释后） | $0.62 | $0.11 |
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CSWESBA
| Q4 25 | $233.0M | $199.2M | ||
| Q3 25 | $277.0M | $197.7M | ||
| Q2 25 | $263.6M | $191.3M | ||
| Q1 25 | $230.5M | $180.1M | ||
| Q4 24 | $193.6M | $197.6M | ||
| Q3 24 | $227.9M | $199.6M | ||
| Q2 24 | $226.2M | $189.5M | ||
| Q1 24 | $210.9M | $181.2M |
净利润CSWESBA
| Q4 25 | $10.3M | $32.2M | ||
| Q3 25 | $40.7M | $13.6M | ||
| Q2 25 | $40.9M | $11.4M | ||
| Q1 25 | $35.1M | $15.8M | ||
| Q4 24 | $26.9M | $18.8M | ||
| Q3 24 | $36.1M | $22.8M | ||
| Q2 24 | $38.6M | $28.6M | ||
| Q1 24 | $31.8M | $10.2M |
毛利率CSWESBA
| Q4 25 | 39.7% | — | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | — | ||
| Q1 25 | 44.2% | — | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 47.5% | — | ||
| Q1 24 | 44.4% | — |
营业利润率CSWESBA
| Q4 25 | 7.4% | 17.8% | ||
| Q3 25 | 20.5% | 19.9% | ||
| Q2 25 | 20.8% | 18.4% | ||
| Q1 25 | 19.5% | 14.3% | ||
| Q4 24 | 15.3% | 21.7% | ||
| Q3 24 | 22.6% | 22.7% | ||
| Q2 24 | 24.3% | 20.8% | ||
| Q1 24 | 21.0% | 17.1% |
净利率CSWESBA
| Q4 25 | 4.4% | 16.1% | ||
| Q3 25 | 14.7% | 6.9% | ||
| Q2 25 | 15.5% | 6.0% | ||
| Q1 25 | 15.2% | 8.8% | ||
| Q4 24 | 13.9% | 9.5% | ||
| Q3 24 | 15.8% | 11.4% | ||
| Q2 24 | 17.1% | 15.1% | ||
| Q1 24 | 15.1% | 5.6% |
每股收益（稀释后）CSWESBA
| Q4 25 | $0.62 | $0.11 | ||
| Q3 25 | $2.41 | $0.05 | ||
| Q2 25 | $2.43 | $0.04 | ||
| Q1 25 | $2.05 | $0.05 | ||
| Q4 24 | $1.60 | $0.07 | ||
| Q3 24 | $2.26 | $0.08 | ||
| Q2 24 | $2.47 | $0.10 | ||
| Q1 24 | $2.03 | $0.03 |
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 | $132.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | — |
| 总资产 | $2.3B | $4.5B |
| 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CSWESBA
| Q4 25 | $40.2M | $132.7M | ||
| Q3 25 | $31.5M | $154.1M | ||
| Q2 25 | $38.0M | $94.6M | ||
| Q1 25 | $225.8M | $187.8M | ||
| Q4 24 | $213.8M | $385.5M | ||
| Q3 24 | $273.2M | $421.9M | ||
| Q2 24 | $18.9M | $535.5M | ||
| Q1 24 | $22.2M | $333.6M |
总债务CSWESBA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWESBA
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $650.2M | — | ||
| Q1 24 | $615.7M | — |
总资产CSWESBA
| Q4 25 | $2.3B | $4.5B | ||
| Q3 25 | $1.5B | $4.1B | ||
| Q2 25 | $1.5B | $4.1B | ||
| Q1 25 | $1.4B | $4.1B | ||
| Q4 24 | $1.4B | $4.5B | ||
| Q3 24 | $1.4B | $4.4B | ||
| Q2 24 | $1.1B | $4.4B | ||
| Q1 24 | $1.0B | $4.2B |
负债/权益比CSWESBA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
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 | $249.1M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $50.6M |
| 自由现金流率自由现金流/营收 | 9.8% | 25.4% |
| 资本支出强度资本支出/营收 | 2.6% | 99.6% |
| 现金转化率经营现金流/净利润 | 2.81× | 7.74× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $109.3M |
8季度趋势，按日历期对齐
经营现金流CSWESBA
| Q4 25 | $28.9M | $249.1M | ||
| Q3 25 | $61.8M | $105.3M | ||
| Q2 25 | $60.6M | $26.7M | ||
| Q1 25 | $27.3M | $83.1M | ||
| Q4 24 | $11.6M | $260.9M | ||
| Q3 24 | $66.8M | $102.8M | ||
| Q2 24 | $62.7M | $37.1M | ||
| Q1 24 | $22.4M | $70.9M |
自由现金流CSWESBA
| Q4 25 | $22.7M | $50.6M | ||
| Q3 25 | $58.7M | $72.8M | ||
| Q2 25 | $57.7M | $-55.1M | ||
| Q1 25 | $22.8M | $41.1M | ||
| Q4 24 | $8.5M | $88.0M | ||
| Q3 24 | $61.3M | $-65.1M | ||
| Q2 24 | $59.6M | $19.5M | ||
| Q1 24 | $17.5M | $23.2M |
自由现金流率CSWESBA
| Q4 25 | 9.8% | 25.4% | ||
| Q3 25 | 21.2% | 36.8% | ||
| Q2 25 | 21.9% | -28.8% | ||
| Q1 25 | 9.9% | 22.8% | ||
| Q4 24 | 4.4% | 44.5% | ||
| Q3 24 | 26.9% | -32.6% | ||
| Q2 24 | 26.3% | 10.3% | ||
| Q1 24 | 8.3% | 12.8% |
资本支出强度CSWESBA
| Q4 25 | 2.6% | 99.6% | ||
| Q3 25 | 1.1% | 16.5% | ||
| Q2 25 | 1.1% | 42.8% | ||
| Q1 25 | 2.0% | 23.4% | ||
| Q4 24 | 1.6% | 87.5% | ||
| Q3 24 | 2.4% | 84.1% | ||
| Q2 24 | 1.4% | 9.3% | ||
| Q1 24 | 2.3% | 26.3% |
现金转化率CSWESBA
| Q4 25 | 2.81× | 7.74× | ||
| Q3 25 | 1.52× | 7.72× | ||
| Q2 25 | 1.48× | 2.35× | ||
| Q1 25 | 0.78× | 5.27× | ||
| Q4 24 | 0.43× | 13.88× | ||
| Q3 24 | 1.85× | 4.51× | ||
| Q2 24 | 1.62× | 1.30× | ||
| Q1 24 | 0.71× | 6.94× |
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% |
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
