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CSW INDUSTRIALS, INC.（CSW）与JOHNSON OUTDOORS INC（JOUT）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JOHNSON OUTDOORS INC的1.7倍（$233.0M vs $140.9M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs -2.3%，领先6.7%），JOHNSON OUTDOORS INC同比增速更快（30.9% vs 20.3%），CSW INDUSTRIALS, INC.自由现金流更多（$22.7M vs $-42.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -10.5%）
强生户外公司（Johnson Outdoors）主营水上载具、潜水装备、露营用具、户外服饰等户外休闲用品的研发生产，业务网点遍布全球24个地区，现有员工约1400人，年销售额超3.15亿美元，自1999年起由海伦·约翰逊-莱波尔德执掌公司。
CSW vs JOUT — 直观对比
营收规模更大
CSW
是对方的1.7倍
$140.9M
营收增速更快
JOUT
高出10.6%
20.3%
净利率更高
CSW
高出6.7%
-2.3%
自由现金流更多
CSW
多$65.4M
$-42.7M
两年增速更快
CSW
近两年复合增速
-10.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $140.9M |
| 净利润 | $10.3M | $-3.3M |
| 毛利率 | 39.7% | 36.6% |
| 营业利润率 | 7.4% | -2.1% |
| 净利率 | 4.4% | -2.3% |
| 营收同比 | 20.3% | 30.9% |
| 净利润同比 | -61.9% | 78.4% |
| 每股收益（稀释后） | $0.62 | — |
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CSWJOUT
| Q1 26 | — | $140.9M | ||
| Q4 25 | $233.0M | $135.8M | ||
| Q3 25 | $277.0M | — | ||
| Q2 25 | $263.6M | $180.7M | ||
| Q1 25 | $230.5M | $168.3M | ||
| Q4 24 | $193.6M | $107.6M | ||
| Q3 24 | $227.9M | $105.9M | ||
| Q2 24 | $226.2M | $172.5M |
净利润CSWJOUT
| Q1 26 | — | $-3.3M | ||
| Q4 25 | $10.3M | $-29.1M | ||
| Q3 25 | $40.7M | — | ||
| Q2 25 | $40.9M | $7.7M | ||
| Q1 25 | $35.1M | $2.3M | ||
| Q4 24 | $26.9M | $-15.3M | ||
| Q3 24 | $36.1M | $-34.3M | ||
| Q2 24 | $38.6M | $1.6M |
毛利率CSWJOUT
| Q1 26 | — | 36.6% | ||
| Q4 25 | 39.7% | 36.2% | ||
| Q3 25 | 43.0% | — | ||
| Q2 25 | 43.8% | 37.6% | ||
| Q1 25 | 44.2% | 35.0% | ||
| Q4 24 | 41.4% | 29.9% | ||
| Q3 24 | 45.6% | 23.5% | ||
| Q2 24 | 47.5% | 35.8% |
营业利润率CSWJOUT
| Q1 26 | — | -2.1% | ||
| Q4 25 | 7.4% | -6.0% | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 20.8% | 4.1% | ||
| Q1 25 | 19.5% | 2.9% | ||
| Q4 24 | 15.3% | -18.8% | ||
| Q3 24 | 22.6% | -40.4% | ||
| Q2 24 | 24.3% | -0.3% |
净利率CSWJOUT
| Q1 26 | — | -2.3% | ||
| Q4 25 | 4.4% | -21.4% | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 15.5% | 4.3% | ||
| Q1 25 | 15.2% | 1.4% | ||
| Q4 24 | 13.9% | -14.2% | ||
| Q3 24 | 15.8% | -32.4% | ||
| Q2 24 | 17.1% | 0.9% |
每股收益（稀释后）CSWJOUT
| Q1 26 | — | — | ||
| Q4 25 | $0.62 | — | ||
| Q3 25 | $2.41 | — | ||
| Q2 25 | $2.43 | — | ||
| Q1 25 | $2.05 | — | ||
| Q4 24 | $1.60 | — | ||
| Q3 24 | $2.26 | — | ||
| Q2 24 | $2.47 | — |
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 | $130.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $1.1B | $413.5M |
| 总资产 | $2.3B | $600.1M |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CSWJOUT
| Q1 26 | — | $130.7M | ||
| Q4 25 | $40.2M | $176.4M | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | $161.0M | ||
| Q1 25 | $225.8M | $94.0M | ||
| Q4 24 | $213.8M | $101.6M | ||
| Q3 24 | $273.2M | $162.0M | ||
| Q2 24 | $18.9M | $148.4M |
总债务CSWJOUT
| Q1 26 | — | $0 | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $0 | ||
| Q1 25 | $800.1M | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益CSWJOUT
| Q1 26 | — | $413.5M | ||
| Q4 25 | $1.1B | $418.4M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | $450.5M | ||
| Q1 25 | $1.1B | $441.1M | ||
| Q4 24 | $1.0B | $440.3M | ||
| Q3 24 | $1.0B | $463.4M | ||
| Q2 24 | $650.2M | $498.7M |
总资产CSWJOUT
| Q1 26 | — | $600.1M | ||
| Q4 25 | $2.3B | $604.1M | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | $634.5M | ||
| Q1 25 | $1.4B | $624.5M | ||
| Q4 24 | $1.4B | $612.9M | ||
| Q3 24 | $1.4B | $635.2M | ||
| Q2 24 | $1.1B | $679.8M |
负债/权益比CSWJOUT
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | 0.75× | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $-38.4M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $-42.7M |
| 自由现金流率自由现金流/营收 | 9.8% | -30.3% |
| 资本支出强度资本支出/营收 | 2.6% | 3.0% |
| 现金转化率经营现金流/净利润 | 2.81× | — |
| 过去12个月自由现金流最近4个季度 | $162.0M | $38.5M |
8季度趋势，按日历期对齐
经营现金流CSWJOUT
| Q1 26 | — | $-38.4M | ||
| Q4 25 | $28.9M | $23.4M | ||
| Q3 25 | $61.8M | — | ||
| Q2 25 | $60.6M | $71.4M | ||
| Q1 25 | $27.3M | $-1.7M | ||
| Q4 24 | $11.6M | $-36.9M | ||
| Q3 24 | $66.8M | $19.1M | ||
| Q2 24 | $62.7M | $73.7M |
自由现金流CSWJOUT
| Q1 26 | — | $-42.7M | ||
| Q4 25 | $22.7M | $19.2M | ||
| Q3 25 | $58.7M | — | ||
| Q2 25 | $57.7M | $66.9M | ||
| Q1 25 | $22.8M | $-5.0M | ||
| Q4 24 | $8.5M | $-41.0M | ||
| Q3 24 | $61.3M | $13.5M | ||
| Q2 24 | $59.6M | $67.4M |
自由现金流率CSWJOUT
| Q1 26 | — | -30.3% | ||
| Q4 25 | 9.8% | 14.2% | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 21.9% | 37.0% | ||
| Q1 25 | 9.9% | -2.9% | ||
| Q4 24 | 4.4% | -38.1% | ||
| Q3 24 | 26.9% | 12.8% | ||
| Q2 24 | 26.3% | 39.1% |
资本支出强度CSWJOUT
| Q1 26 | — | 3.0% | ||
| Q4 25 | 2.6% | 3.1% | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.1% | 2.5% | ||
| Q1 25 | 2.0% | 2.0% | ||
| Q4 24 | 1.6% | 3.8% | ||
| Q3 24 | 2.4% | 5.3% | ||
| Q2 24 | 1.4% | 3.6% |
现金转化率CSWJOUT
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | 9.22× | ||
| Q1 25 | 0.78× | -0.72× | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | 45.41× |
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% |
JOUT
| Fishing Segment | $112.1M | 80% |
| Diving Segment | $18.0M | 13% |
| Camping Watercraft Recreation Segment | $10.6M | 8% |
