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CSW INDUSTRIALS, INC.（CSW）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是CSW INDUSTRIALS, INC.的1.9倍（$448.2M vs $233.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs -9.4%，领先13.8%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -1.1%），CSW INDUSTRIALS, INC.自由现金流更多（$22.7M vs $-20.6M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -13.5%）
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
CSW vs PLAY — 直观对比
营收规模更大
PLAY
是对方的1.9倍
$233.0M
营收增速更快
CSW
高出21.4%
-1.1%
净利率更高
CSW
高出13.8%
-9.4%
自由现金流更多
CSW
多$43.3M
$-20.6M
两年增速更快
CSW
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $448.2M |
| 净利润 | $10.3M | $-42.1M |
| 毛利率 | 39.7% | 85.8% |
| 营业利润率 | 7.4% | -3.6% |
| 净利率 | 4.4% | -9.4% |
| 营收同比 | 20.3% | -1.1% |
| 净利润同比 | -61.9% | -28.7% |
| 每股收益（稀释后） | $0.62 | $-1.22 |
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CSWPLAY
| Q4 25 | $233.0M | $448.2M | ||
| Q3 25 | $277.0M | $557.4M | ||
| Q2 25 | $263.6M | $567.7M | ||
| Q1 25 | $230.5M | $534.5M | ||
| Q4 24 | $193.6M | $453.0M | ||
| Q3 24 | $227.9M | $557.1M | ||
| Q2 24 | $226.2M | $588.1M | ||
| Q1 24 | $210.9M | $599.0M |
净利润CSWPLAY
| Q4 25 | $10.3M | $-42.1M | ||
| Q3 25 | $40.7M | $11.4M | ||
| Q2 25 | $40.9M | $21.7M | ||
| Q1 25 | $35.1M | $9.3M | ||
| Q4 24 | $26.9M | $-32.7M | ||
| Q3 24 | $36.1M | $40.3M | ||
| Q2 24 | $38.6M | $41.4M | ||
| Q1 24 | $31.8M | $36.1M |
毛利率CSWPLAY
| Q4 25 | 39.7% | 85.8% | ||
| Q3 25 | 43.0% | 86.3% | ||
| Q2 25 | 43.8% | 85.5% | ||
| Q1 25 | 44.2% | 85.5% | ||
| Q4 24 | 41.4% | 85.0% | ||
| Q3 24 | 45.6% | 85.3% | ||
| Q2 24 | 47.5% | 85.2% | ||
| Q1 24 | 44.4% | 84.1% |
营业利润率CSWPLAY
| Q4 25 | 7.4% | -3.6% | ||
| Q3 25 | 20.5% | 9.5% | ||
| Q2 25 | 20.8% | 11.1% | ||
| Q1 25 | 19.5% | 8.3% | ||
| Q4 24 | 15.3% | 1.4% | ||
| Q3 24 | 22.6% | 15.2% | ||
| Q2 24 | 24.3% | 14.5% | ||
| Q1 24 | 21.0% | 14.9% |
净利率CSWPLAY
| Q4 25 | 4.4% | -9.4% | ||
| Q3 25 | 14.7% | 2.0% | ||
| Q2 25 | 15.5% | 3.8% | ||
| Q1 25 | 15.2% | 1.7% | ||
| Q4 24 | 13.9% | -7.2% | ||
| Q3 24 | 15.8% | 7.2% | ||
| Q2 24 | 17.1% | 7.0% | ||
| Q1 24 | 15.1% | 6.0% |
每股收益（稀释后）CSWPLAY
| Q4 25 | $0.62 | $-1.22 | ||
| Q3 25 | $2.41 | $0.32 | ||
| Q2 25 | $2.43 | $0.62 | ||
| Q1 25 | $2.05 | $0.32 | ||
| Q4 24 | $1.60 | $-0.84 | ||
| Q3 24 | $2.26 | $0.99 | ||
| Q2 24 | $2.47 | $0.99 | ||
| Q1 24 | $2.03 | $0.95 |
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 | $13.6M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.1B | $130.8M |
| 总资产 | $2.3B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资CSWPLAY
| Q4 25 | $40.2M | $13.6M | ||
| Q3 25 | $31.5M | $12.0M | ||
| Q2 25 | $38.0M | $11.9M | ||
| Q1 25 | $225.8M | $6.9M | ||
| Q4 24 | $213.8M | $8.6M | ||
| Q3 24 | $273.2M | $13.1M | ||
| Q2 24 | $18.9M | $32.1M | ||
| Q1 24 | $22.2M | $37.3M |
总债务CSWPLAY
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | $800.1M | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | $166.0M | $1.3B |
股东权益CSWPLAY
| Q4 25 | $1.1B | $130.8M | ||
| Q3 25 | $1.1B | $166.2M | ||
| Q2 25 | $1.1B | $146.8M | ||
| Q1 25 | $1.1B | $145.8M | ||
| Q4 24 | $1.0B | $226.6M | ||
| Q3 24 | $1.0B | $284.4M | ||
| Q2 24 | $650.2M | $292.5M | ||
| Q1 24 | $615.7M | $251.2M |
总资产CSWPLAY
| Q4 25 | $2.3B | $4.1B | ||
| Q3 25 | $1.5B | $4.1B | ||
| Q2 25 | $1.5B | $4.1B | ||
| Q1 25 | $1.4B | $4.0B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.4B | $3.8B | ||
| Q2 24 | $1.1B | $3.8B | ||
| Q1 24 | $1.0B | $3.8B |
负债/权益比CSWPLAY
| Q4 25 | — | 12.17× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 10.98× | ||
| Q1 25 | 0.75× | 10.45× | ||
| Q4 24 | — | 6.58× | ||
| Q3 24 | — | 4.72× | ||
| Q2 24 | — | 4.58× | ||
| Q1 24 | 0.27× | 5.33× |
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 | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $-20.6M |
| 自由现金流率自由现金流/营收 | 9.8% | -4.6% |
| 资本支出强度资本支出/营收 | 2.6% | 17.5% |
| 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 | $-195.6M |
8季度趋势，按日历期对齐
经营现金流CSWPLAY
| Q4 25 | $28.9M | $58.0M | ||
| Q3 25 | $61.8M | $34.0M | ||
| Q2 25 | $60.6M | $95.8M | ||
| Q1 25 | $27.3M | $108.9M | ||
| Q4 24 | $11.6M | $-7.2M | ||
| Q3 24 | $66.8M | $101.8M | ||
| Q2 24 | $62.7M | $108.8M | ||
| Q1 24 | $22.4M | $97.2M |
自由现金流CSWPLAY
| Q4 25 | $22.7M | $-20.6M | ||
| Q3 25 | $58.7M | $-55.2M | ||
| Q2 25 | $57.7M | $-58.8M | ||
| Q1 25 | $22.8M | $-61.0M | ||
| Q4 24 | $8.5M | $-138.4M | ||
| Q3 24 | $61.3M | $-14.3M | ||
| Q2 24 | $59.6M | $-4.2M | ||
| Q1 24 | $17.5M | $-25.4M |
自由现金流率CSWPLAY
| Q4 25 | 9.8% | -4.6% | ||
| Q3 25 | 21.2% | -9.9% | ||
| Q2 25 | 21.9% | -10.4% | ||
| Q1 25 | 9.9% | -11.4% | ||
| Q4 24 | 4.4% | -30.6% | ||
| Q3 24 | 26.9% | -2.6% | ||
| Q2 24 | 26.3% | -0.7% | ||
| Q1 24 | 8.3% | -4.2% |
资本支出强度CSWPLAY
| Q4 25 | 2.6% | 17.5% | ||
| Q3 25 | 1.1% | 16.0% | ||
| Q2 25 | 1.1% | 27.2% | ||
| Q1 25 | 2.0% | 31.8% | ||
| Q4 24 | 1.6% | 29.0% | ||
| Q3 24 | 2.4% | 20.8% | ||
| Q2 24 | 1.4% | 19.2% | ||
| Q1 24 | 2.3% | 20.5% |
现金转化率CSWPLAY
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | 2.98× | ||
| Q2 25 | 1.48× | 4.41× | ||
| Q1 25 | 0.78× | 11.71× | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | 2.53× | ||
| Q2 24 | 1.62× | 2.63× | ||
| Q1 24 | 0.71× | 2.69× |
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% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
