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CSW INDUSTRIALS, INC.（CSW）与通用动力（PLOW）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是通用动力的1.3倍（$233.0M vs $184.5M），通用动力净利率更高（7.0% vs 4.4%，领先2.6%），通用动力同比增速更快（28.6% vs 20.3%），通用动力自由现金流更多（$92.8M vs $22.7M），过去两年通用动力的营收复合增速更高（38.9% vs 5.1%）
通用动力公司是总部位于美国弗吉尼亚州雷斯顿的工业与科技企业，核心业务是研发制造各类先进军用装备，产品包括核潜艇、主战坦克、装甲战车等，同时也生产民用湾流公务机，并提供信息技术服务，是美国联邦政府前五大国防承包商之一。
CSW vs PLOW — 直观对比
营收规模更大
CSW
是对方的1.3倍
$184.5M
营收增速更快
PLOW
高出8.2%
20.3%
净利率更高
PLOW
高出2.6%
4.4%
自由现金流更多
PLOW
多$70.1M
$22.7M
两年增速更快
PLOW
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $184.5M |
| 净利润 | $10.3M | $12.8M |
| 毛利率 | 39.7% | 26.1% |
| 营业利润率 | 7.4% | 10.5% |
| 净利率 | 4.4% | 7.0% |
| 营收同比 | 20.3% | 28.6% |
| 净利润同比 | -61.9% | 62.3% |
| 每股收益（稀释后） | $0.62 | $0.54 |
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CSWPLOW
| Q4 25 | $233.0M | $184.5M | ||
| Q3 25 | $277.0M | $162.1M | ||
| Q2 25 | $263.6M | $194.3M | ||
| Q1 25 | $230.5M | $115.1M | ||
| Q4 24 | $193.6M | $143.5M | ||
| Q3 24 | $227.9M | $129.4M | ||
| Q2 24 | $226.2M | $199.9M | ||
| Q1 24 | $210.9M | $95.7M |
净利润CSWPLOW
| Q4 25 | $10.3M | $12.8M | ||
| Q3 25 | $40.7M | $8.0M | ||
| Q2 25 | $40.9M | $26.0M | ||
| Q1 25 | $35.1M | $148.0K | ||
| Q4 24 | $26.9M | $7.9M | ||
| Q3 24 | $36.1M | $32.3M | ||
| Q2 24 | $38.6M | $24.3M | ||
| Q1 24 | $31.8M | $-8.4M |
毛利率CSWPLOW
| Q4 25 | 39.7% | 26.1% | ||
| Q3 25 | 43.0% | 23.5% | ||
| Q2 25 | 43.8% | 31.0% | ||
| Q1 25 | 44.2% | 24.5% | ||
| Q4 24 | 41.4% | 24.9% | ||
| Q3 24 | 45.6% | 23.9% | ||
| Q2 24 | 47.5% | 30.7% | ||
| Q1 24 | 44.4% | 19.8% |
营业利润率CSWPLOW
| Q4 25 | 7.4% | 10.5% | ||
| Q3 25 | 20.5% | 8.7% | ||
| Q2 25 | 20.8% | 19.0% | ||
| Q1 25 | 19.5% | 2.8% | ||
| Q4 24 | 15.3% | 9.0% | ||
| Q3 24 | 22.6% | 35.4% | ||
| Q2 24 | 24.3% | 18.2% | ||
| Q1 24 | 21.0% | -6.7% |
净利率CSWPLOW
| Q4 25 | 4.4% | 7.0% | ||
| Q3 25 | 14.7% | 4.9% | ||
| Q2 25 | 15.5% | 13.4% | ||
| Q1 25 | 15.2% | 0.1% | ||
| Q4 24 | 13.9% | 5.5% | ||
| Q3 24 | 15.8% | 24.9% | ||
| Q2 24 | 17.1% | 12.2% | ||
| Q1 24 | 15.1% | -8.7% |
每股收益（稀释后）CSWPLOW
| Q4 25 | $0.62 | $0.54 | ||
| Q3 25 | $2.41 | $0.33 | ||
| Q2 25 | $2.43 | $1.09 | ||
| Q1 25 | $2.05 | $0.00 | ||
| Q4 24 | $1.60 | $0.35 | ||
| Q3 24 | $2.26 | $1.36 | ||
| Q2 24 | $2.47 | $1.02 | ||
| Q1 24 | $2.03 | $-0.37 |
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 | — |
| 总债务越低越好 | — | $144.0M |
| 股东权益账面价值 | $1.1B | $281.4M |
| 总资产 | $2.3B | $626.7M |
| 负债/权益比越低杠杆越低 | — | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资CSWPLOW
| 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 | — | ||
| Q1 24 | $22.2M | — |
总债务CSWPLOW
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWPLOW
| Q4 25 | $1.1B | $281.4M | ||
| Q3 25 | $1.1B | $275.3M | ||
| Q2 25 | $1.1B | $273.3M | ||
| Q1 25 | $1.1B | $258.9M | ||
| Q4 24 | $1.0B | $264.2M | ||
| Q3 24 | $1.0B | $260.8M | ||
| Q2 24 | $650.2M | $236.7M | ||
| Q1 24 | $615.7M | $217.2M |
总资产CSWPLOW
| Q4 25 | $2.3B | $626.7M | ||
| Q3 25 | $1.5B | $694.9M | ||
| Q2 25 | $1.5B | $671.5M | ||
| Q1 25 | $1.4B | $621.0M | ||
| Q4 24 | $1.4B | $590.0M | ||
| Q3 24 | $1.4B | $665.6M | ||
| Q2 24 | $1.1B | $617.0M | ||
| Q1 24 | $1.0B | $577.1M |
负债/权益比CSWPLOW
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | 0.56× | ||
| 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 | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $92.8M |
| 自由现金流率自由现金流/营收 | 9.8% | 50.3% |
| 资本支出强度资本支出/营收 | 2.6% | 1.7% |
| 现金转化率经营现金流/净利润 | 2.81× | 7.47× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $63.6M |
8季度趋势，按日历期对齐
经营现金流CSWPLOW
| Q4 25 | $28.9M | $95.9M | ||
| Q3 25 | $61.8M | $-8.5M | ||
| Q2 25 | $60.6M | $-11.4M | ||
| Q1 25 | $27.3M | $-1.3M | ||
| Q4 24 | $11.6M | $74.4M | ||
| Q3 24 | $66.8M | $-14.2M | ||
| Q2 24 | $62.7M | $2.5M | ||
| Q1 24 | $22.4M | $-21.6M |
自由现金流CSWPLOW
| Q4 25 | $22.7M | $92.8M | ||
| Q3 25 | $58.7M | $-11.4M | ||
| Q2 25 | $57.7M | $-14.3M | ||
| Q1 25 | $22.8M | $-3.5M | ||
| Q4 24 | $8.5M | $70.2M | ||
| Q3 24 | $61.3M | $-15.2M | ||
| Q2 24 | $59.6M | $836.0K | ||
| Q1 24 | $17.5M | $-22.4M |
自由现金流率CSWPLOW
| Q4 25 | 9.8% | 50.3% | ||
| Q3 25 | 21.2% | -7.1% | ||
| Q2 25 | 21.9% | -7.4% | ||
| Q1 25 | 9.9% | -3.0% | ||
| Q4 24 | 4.4% | 48.9% | ||
| Q3 24 | 26.9% | -11.8% | ||
| Q2 24 | 26.3% | 0.4% | ||
| Q1 24 | 8.3% | -23.4% |
资本支出强度CSWPLOW
| Q4 25 | 2.6% | 1.7% | ||
| Q3 25 | 1.1% | 1.8% | ||
| Q2 25 | 1.1% | 1.5% | ||
| Q1 25 | 2.0% | 1.9% | ||
| Q4 24 | 1.6% | 2.9% | ||
| Q3 24 | 2.4% | 0.8% | ||
| Q2 24 | 1.4% | 0.8% | ||
| Q1 24 | 2.3% | 0.8% |
现金转化率CSWPLOW
| Q4 25 | 2.81× | 7.47× | ||
| Q3 25 | 1.52× | -1.07× | ||
| Q2 25 | 1.48× | -0.44× | ||
| Q1 25 | 0.78× | -9.03× | ||
| Q4 24 | 0.43× | 9.41× | ||
| Q3 24 | 1.85× | -0.44× | ||
| Q2 24 | 1.62× | 0.10× | ||
| 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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
