vs
CSW INDUSTRIALS, INC.（CSW）与FIRST ADVANTAGE CORP（FA）财务数据对比。点击上方公司名可切换其他公司
FIRST ADVANTAGE CORP的季度营收约是CSW INDUSTRIALS, INC.的1.8倍（$420.0M vs $233.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs 0.8%，领先3.6%），FIRST ADVANTAGE CORP同比增速更快（36.8% vs 20.3%），FIRST ADVANTAGE CORP自由现金流更多（$62.2M vs $22.7M），过去两年FIRST ADVANTAGE CORP的营收复合增速更高（57.5% vs 5.1%）
First Advantage是全球领先的劳动力筛查与背景验证服务提供商，服务覆盖科技、医疗、金融、零售、制造等多个行业的各规模客户，助力企业管控雇佣风险、满足合规要求，打造安全可信的工作环境。
CSW vs FA — 直观对比
营收规模更大
FA
是对方的1.8倍
$233.0M
营收增速更快
FA
高出16.4%
20.3%
净利率更高
CSW
高出3.6%
0.8%
自由现金流更多
FA
多$39.4M
$22.7M
两年增速更快
FA
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $420.0M |
| 净利润 | $10.3M | $3.5M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | 10.7% |
| 净利率 | 4.4% | 0.8% |
| 营收同比 | 20.3% | 36.8% |
| 净利润同比 | -61.9% | 103.5% |
| 每股收益（稀释后） | $0.62 | $0.03 |
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CSWFA
| Q4 25 | $233.0M | $420.0M | ||
| Q3 25 | $277.0M | $409.2M | ||
| Q2 25 | $263.6M | $390.6M | ||
| Q1 25 | $230.5M | $354.6M | ||
| Q4 24 | $193.6M | $307.1M | ||
| Q3 24 | $227.9M | $199.1M | ||
| Q2 24 | $226.2M | $184.5M | ||
| Q1 24 | $210.9M | $169.4M |
净利润CSWFA
| Q4 25 | $10.3M | $3.5M | ||
| Q3 25 | $40.7M | $2.6M | ||
| Q2 25 | $40.9M | $308.0K | ||
| Q1 25 | $35.1M | $-41.2M | ||
| Q4 24 | $26.9M | $-100.4M | ||
| Q3 24 | $36.1M | $-8.9M | ||
| Q2 24 | $38.6M | $1.9M | ||
| Q1 24 | $31.8M | $-2.9M |
毛利率CSWFA
| 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CSWFA
| Q4 25 | 7.4% | 10.7% | ||
| Q3 25 | 20.5% | 10.3% | ||
| Q2 25 | 20.8% | 9.7% | ||
| Q1 25 | 19.5% | 2.1% | ||
| Q4 24 | 15.3% | -26.3% | ||
| Q3 24 | 22.6% | 4.6% | ||
| Q2 24 | 24.3% | 5.4% | ||
| Q1 24 | 21.0% | -0.4% |
净利率CSWFA
| Q4 25 | 4.4% | 0.8% | ||
| Q3 25 | 14.7% | 0.6% | ||
| Q2 25 | 15.5% | 0.1% | ||
| Q1 25 | 15.2% | -11.6% | ||
| Q4 24 | 13.9% | -32.7% | ||
| Q3 24 | 15.8% | -4.4% | ||
| Q2 24 | 17.1% | 1.0% | ||
| Q1 24 | 15.1% | -1.7% |
每股收益（稀释后）CSWFA
| Q4 25 | $0.62 | $0.03 | ||
| Q3 25 | $2.41 | $0.01 | ||
| Q2 25 | $2.43 | $0.00 | ||
| Q1 25 | $2.05 | $-0.24 | ||
| Q4 24 | $1.60 | $-0.67 | ||
| Q3 24 | $2.26 | $-0.06 | ||
| Q2 24 | $2.47 | $0.01 | ||
| Q1 24 | $2.03 | $-0.02 |
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 | $240.0M |
| 总债务越低越好 | — | $2.1B |
| 股东权益账面价值 | $1.1B | $1.3B |
| 总资产 | $2.3B | $3.8B |
| 负债/权益比越低杠杆越低 | — | 1.61× |
8季度趋势，按日历期对齐
现金及短期投资CSWFA
| Q4 25 | $40.2M | $240.0M | ||
| Q3 25 | $31.5M | $216.8M | ||
| Q2 25 | $38.0M | $184.3M | ||
| Q1 25 | $225.8M | $172.0M | ||
| Q4 24 | $213.8M | $168.7M | ||
| Q3 24 | $273.2M | $307.4M | ||
| Q2 24 | $18.9M | $269.6M | ||
| Q1 24 | $22.2M | $246.0M |
总债务CSWFA
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | $800.1M | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWFA
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $920.7M | ||
| Q2 24 | $650.2M | $913.3M | ||
| Q1 24 | $615.7M | $907.7M |
总资产CSWFA
| Q4 25 | $2.3B | $3.8B | ||
| Q3 25 | $1.5B | $3.9B | ||
| Q2 25 | $1.5B | $3.9B | ||
| Q1 25 | $1.4B | $3.9B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.4B | $1.7B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
负债/权益比CSWFA
| Q4 25 | — | 1.61× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | — | 1.65× | ||
| Q1 25 | 0.75× | 1.69× | ||
| Q4 24 | — | 1.66× | ||
| 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 | $65.9M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $62.2M |
| 自由现金流率自由现金流/营收 | 9.8% | 14.8% |
| 资本支出强度资本支出/营收 | 2.6% | 0.9% |
| 现金转化率经营现金流/净利润 | 2.81× | 19.01× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $188.5M |
8季度趋势，按日历期对齐
经营现金流CSWFA
| Q4 25 | $28.9M | $65.9M | ||
| Q3 25 | $61.8M | $72.4M | ||
| Q2 25 | $60.6M | $37.3M | ||
| Q1 25 | $27.3M | $19.5M | ||
| Q4 24 | $11.6M | $-85.7M | ||
| Q3 24 | $66.8M | $43.5M | ||
| Q2 24 | $62.7M | $32.0M | ||
| Q1 24 | $22.4M | $38.3M |
自由现金流CSWFA
| Q4 25 | $22.7M | $62.2M | ||
| Q3 25 | $58.7M | $71.2M | ||
| Q2 25 | $57.7M | $36.1M | ||
| Q1 25 | $22.8M | $19.0M | ||
| Q4 24 | $8.5M | $-86.0M | ||
| Q3 24 | $61.3M | $43.1M | ||
| Q2 24 | $59.6M | $31.4M | ||
| Q1 24 | $17.5M | $38.0M |
自由现金流率CSWFA
| Q4 25 | 9.8% | 14.8% | ||
| Q3 25 | 21.2% | 17.4% | ||
| Q2 25 | 21.9% | 9.2% | ||
| Q1 25 | 9.9% | 5.4% | ||
| Q4 24 | 4.4% | -28.0% | ||
| Q3 24 | 26.9% | 21.6% | ||
| Q2 24 | 26.3% | 17.0% | ||
| Q1 24 | 8.3% | 22.4% |
资本支出强度CSWFA
| Q4 25 | 2.6% | 0.9% | ||
| Q3 25 | 1.1% | 0.3% | ||
| Q2 25 | 1.1% | 0.3% | ||
| Q1 25 | 2.0% | 0.1% | ||
| Q4 24 | 1.6% | 0.1% | ||
| Q3 24 | 2.4% | 0.2% | ||
| Q2 24 | 1.4% | 0.4% | ||
| Q1 24 | 2.3% | 0.2% |
现金转化率CSWFA
| Q4 25 | 2.81× | 19.01× | ||
| Q3 25 | 1.52× | 27.91× | ||
| Q2 25 | 1.48× | 121.25× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | 17.22× | ||
| Q1 24 | 0.71× | — |
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% |
FA
| First Advantage Americas | $209.9M | 50% |
| Sterling | $185.9M | 44% |
| First Advantage International | $24.2M | 6% |
