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CSW INDUSTRIALS, INC.（CSW）与Merchants Bancorp（MBIN）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Merchants Bancorp的1.3倍（$233.0M vs $175.2M），Merchants Bancorp净利率更高（38.6% vs 4.4%，领先34.2%），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs 4.8%）
Ameris Bancorp是总部位于美国佐治亚州亚特兰大的银行控股企业，旗下设有Ameris Bank子公司，在佐治亚州、阿拉巴马州、佛罗里达州、北卡罗来纳州、南卡罗来纳州运营全服务网点，同时在上述五州及弗吉尼亚州、马里兰州、田纳西州设立仅办理抵押贷款业务的网点，为个人和企业客户提供线上及移动端银行服务。
CSW vs MBIN — 直观对比
营收规模更大
CSW
是对方的1.3倍
$175.2M
净利率更高
MBIN
高出34.2%
4.4%
两年增速更快
CSW
近两年复合增速
4.8%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $175.2M |
| 净利润 | $10.3M | $67.7M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | — |
| 净利率 | 4.4% | 38.6% |
| 营收同比 | 20.3% | — |
| 净利润同比 | -61.9% | 16.3% |
| 每股收益（稀释后） | $0.62 | $1.25 |
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CSWMBIN
| Q1 26 | — | $175.2M | ||
| Q4 25 | $233.0M | $185.3M | ||
| Q3 25 | $277.0M | $171.1M | ||
| Q2 25 | $263.6M | $179.2M | ||
| Q1 25 | $230.5M | $145.9M | ||
| Q4 24 | $193.6M | $193.8M | ||
| Q3 24 | $227.9M | $149.6M | ||
| Q2 24 | $226.2M | $159.5M |
净利润CSWMBIN
| Q1 26 | — | $67.7M | ||
| Q4 25 | $10.3M | — | ||
| Q3 25 | $40.7M | $54.7M | ||
| Q2 25 | $40.9M | $38.0M | ||
| Q1 25 | $35.1M | $58.2M | ||
| Q4 24 | $26.9M | — | ||
| Q3 24 | $36.1M | $61.3M | ||
| Q2 24 | $38.6M | $76.4M |
毛利率CSWMBIN
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | 39.9% | ||
| Q3 25 | 20.5% | 37.8% | ||
| Q2 25 | 20.8% | 27.3% | ||
| Q1 25 | 19.5% | 52.4% | ||
| Q4 24 | 15.3% | 66.0% | ||
| Q3 24 | 22.6% | 54.4% | ||
| Q2 24 | 24.3% | 62.2% |
净利率CSWMBIN
| Q1 26 | — | 38.6% | ||
| Q4 25 | 4.4% | — | ||
| Q3 25 | 14.7% | 32.0% | ||
| Q2 25 | 15.5% | 21.2% | ||
| Q1 25 | 15.2% | 39.9% | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 15.8% | 41.0% | ||
| Q2 24 | 17.1% | 47.9% |
每股收益（稀释后）CSWMBIN
| Q1 26 | — | $1.25 | ||
| Q4 25 | $0.62 | $1.28 | ||
| Q3 25 | $2.41 | $0.97 | ||
| Q2 25 | $2.43 | $0.60 | ||
| Q1 25 | $2.05 | $0.93 | ||
| Q4 24 | $1.60 | $1.84 | ||
| Q3 24 | $2.26 | $1.17 | ||
| Q2 24 | $2.47 | $1.49 |
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 | $83.2M |
| 总债务越低越好 | — | $32.0M |
| 股东权益账面价值 | $1.1B | $2.3B |
| 总资产 | $2.3B | $20.3B |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资CSWMBIN
| Q1 26 | — | $83.2M | ||
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $225.8M | — | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | — | ||
| Q2 24 | $18.9M | — |
总债务CSWMBIN
| Q1 26 | — | $32.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CSWMBIN
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.1B | $2.2B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.1B | $2.2B | ||
| Q4 24 | $1.0B | $2.2B | ||
| Q3 24 | $1.0B | $1.9B | ||
| Q2 24 | $650.2M | $1.9B |
总资产CSWMBIN
| Q1 26 | — | $20.3B | ||
| Q4 25 | $2.3B | $19.4B | ||
| Q3 25 | $1.5B | $19.4B | ||
| Q2 25 | $1.5B | $19.1B | ||
| Q1 25 | $1.4B | $18.8B | ||
| Q4 24 | $1.4B | $18.8B | ||
| Q3 24 | $1.4B | $18.7B | ||
| Q2 24 | $1.1B | $18.2B |
负债/权益比CSWMBIN
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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× | — |
| 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CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $-341.2M | ||
| Q3 25 | $61.8M | $29.8M | ||
| Q2 25 | $60.6M | $-121.2M | ||
| Q1 25 | $27.3M | $148.0M | ||
| Q4 24 | $11.6M | $-835.3M | ||
| Q3 24 | $66.8M | $-492.6M | ||
| Q2 24 | $62.7M | $51.1M |
自由现金流CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | $22.7M | $-362.2M | ||
| Q3 25 | $58.7M | $24.0M | ||
| Q2 25 | $57.7M | $-125.7M | ||
| Q1 25 | $22.8M | $141.2M | ||
| Q4 24 | $8.5M | $-853.7M | ||
| Q3 24 | $61.3M | $-497.2M | ||
| Q2 24 | $59.6M | $45.8M |
自由现金流率CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | -195.5% | ||
| Q3 25 | 21.2% | 14.0% | ||
| Q2 25 | 21.9% | -70.1% | ||
| Q1 25 | 9.9% | 96.8% | ||
| Q4 24 | 4.4% | -440.6% | ||
| Q3 24 | 26.9% | -332.4% | ||
| Q2 24 | 26.3% | 28.7% |
资本支出强度CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 11.3% | ||
| Q3 25 | 1.1% | 3.4% | ||
| Q2 25 | 1.1% | 2.5% | ||
| Q1 25 | 2.0% | 4.7% | ||
| Q4 24 | 1.6% | 9.5% | ||
| Q3 24 | 2.4% | 3.0% | ||
| Q2 24 | 1.4% | 3.3% |
现金转化率CSWMBIN
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | 0.54× | ||
| Q2 25 | 1.48× | -3.19× | ||
| Q1 25 | 0.78× | 2.54× | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | -8.04× | ||
| Q2 24 | 1.62× | 0.67× |
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% |
MBIN
| Net Interest Income | $128.6M | 73% |
| Noninterest Income | $46.6M | 27% |
