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CSW INDUSTRIALS, INC.（CSW）与RBC Bearings INC（RBC）财务数据对比。点击上方公司名可切换其他公司
RBC Bearings INC的季度营收约是CSW INDUSTRIALS, INC.的2.0倍（$461.6M vs $233.0M），RBC Bearings INC净利率更高（14.6% vs 4.4%，领先10.2%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 17.0%），RBC Bearings INC自由现金流更多（$99.1M vs $22.7M），过去两年RBC Bearings INC的营收复合增速更高（5.6% vs 5.1%）
该文本实际介绍的并非RBC Bearings，而是美国多佛公司。多佛是一家工业产品综合制造商，1955年成立，总部位于伊利诺伊州当纳斯格罗夫。2021年其业务分为五大板块：工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术，是标普500成分股，在纽约证券交易所上市。
CSW vs RBC — 直观对比
营收规模更大
RBC
是对方的2.0倍
$233.0M
营收增速更快
CSW
高出3.3%
17.0%
净利率更高
RBC
高出10.2%
4.4%
自由现金流更多
RBC
多$76.4M
$22.7M
两年增速更快
RBC
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $461.6M |
| 净利润 | $10.3M | $67.4M |
| 毛利率 | 39.7% | 44.3% |
| 营业利润率 | 7.4% | 22.3% |
| 净利率 | 4.4% | 14.6% |
| 营收同比 | 20.3% | 17.0% |
| 净利润同比 | -61.9% | 16.4% |
| 每股收益（稀释后） | $0.62 | $2.13 |
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CSWRBC
| Q4 25 | $233.0M | $461.6M | ||
| Q3 25 | $277.0M | $455.3M | ||
| Q2 25 | $263.6M | $436.0M | ||
| Q1 25 | $230.5M | $437.7M | ||
| Q4 24 | $193.6M | $394.4M | ||
| Q3 24 | $227.9M | $397.9M | ||
| Q2 24 | $226.2M | $406.3M | ||
| Q1 24 | $210.9M | $413.7M |
净利润CSWRBC
| Q4 25 | $10.3M | $67.4M | ||
| Q3 25 | $40.7M | $60.0M | ||
| Q2 25 | $40.9M | $68.5M | ||
| Q1 25 | $35.1M | $72.7M | ||
| Q4 24 | $26.9M | $57.9M | ||
| Q3 24 | $36.1M | $54.2M | ||
| Q2 24 | $38.6M | $61.4M | ||
| Q1 24 | $31.8M | — |
毛利率CSWRBC
| Q4 25 | 39.7% | 44.3% | ||
| Q3 25 | 43.0% | 44.1% | ||
| Q2 25 | 43.8% | 44.8% | ||
| Q1 25 | 44.2% | 44.2% | ||
| Q4 24 | 41.4% | 44.3% | ||
| Q3 24 | 45.6% | 43.7% | ||
| Q2 24 | 47.5% | 45.3% | ||
| Q1 24 | 44.4% | 43.1% |
营业利润率CSWRBC
| Q4 25 | 7.4% | 22.3% | ||
| Q3 25 | 20.5% | 21.5% | ||
| Q2 25 | 20.8% | 23.2% | ||
| Q1 25 | 19.5% | 23.0% | ||
| Q4 24 | 15.3% | 21.7% | ||
| Q3 24 | 22.6% | 21.6% | ||
| Q2 24 | 24.3% | 24.0% | ||
| Q1 24 | 21.0% | 22.8% |
净利率CSWRBC
| Q4 25 | 4.4% | 14.6% | ||
| Q3 25 | 14.7% | 13.2% | ||
| Q2 25 | 15.5% | 15.7% | ||
| Q1 25 | 15.2% | 16.6% | ||
| Q4 24 | 13.9% | 14.7% | ||
| Q3 24 | 15.8% | 13.6% | ||
| Q2 24 | 17.1% | 15.1% | ||
| Q1 24 | 15.1% | — |
每股收益（稀释后）CSWRBC
| Q4 25 | $0.62 | $2.13 | ||
| Q3 25 | $2.41 | $1.90 | ||
| Q2 25 | $2.43 | $2.17 | ||
| Q1 25 | $2.05 | $2.33 | ||
| Q4 24 | $1.60 | $1.82 | ||
| Q3 24 | $2.26 | $1.65 | ||
| Q2 24 | $2.47 | $1.90 | ||
| Q1 24 | $2.03 | $1.92 |
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 | $107.6M |
| 总债务越低越好 | — | $990.2M |
| 股东权益账面价值 | $1.1B | $3.3B |
| 总资产 | $2.3B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资CSWRBC
| Q4 25 | $40.2M | $107.6M | ||
| Q3 25 | $31.5M | $91.2M | ||
| Q2 25 | $38.0M | $132.9M | ||
| Q1 25 | $225.8M | $36.8M | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | — | ||
| Q2 24 | $18.9M | $76.8M | ||
| Q1 24 | $22.2M | $63.5M |
总债务CSWRBC
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | $800.1M | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | $1.2B |
股东权益CSWRBC
| Q4 25 | $1.1B | $3.3B | ||
| Q3 25 | $1.1B | $3.2B | ||
| Q2 25 | $1.1B | $3.1B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $1.0B | $2.9B | ||
| Q2 24 | $650.2M | $2.8B | ||
| Q1 24 | $615.7M | $2.8B |
总资产CSWRBC
| Q4 25 | $2.3B | $5.1B | ||
| Q3 25 | $1.5B | $5.1B | ||
| Q2 25 | $1.5B | $4.8B | ||
| Q1 25 | $1.4B | $4.7B | ||
| Q4 24 | $1.4B | $4.7B | ||
| Q3 24 | $1.4B | $4.7B | ||
| Q2 24 | $1.1B | $4.7B | ||
| Q1 24 | $1.0B | $4.7B |
负债/权益比CSWRBC
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | 0.75× | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | 0.43× |
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 | $122.1M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $99.1M |
| 自由现金流率自由现金流/营收 | 9.8% | 21.5% |
| 资本支出强度资本支出/营收 | 2.6% | 5.0% |
| 现金转化率经营现金流/净利润 | 2.81× | 1.81× |
| 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CSWRBC
| Q4 25 | $28.9M | $122.1M | ||
| Q3 25 | $61.8M | $88.4M | ||
| Q2 25 | $60.6M | $120.0M | ||
| Q1 25 | $27.3M | — | ||
| Q4 24 | $11.6M | $84.0M | ||
| Q3 24 | $66.8M | — | ||
| Q2 24 | $62.7M | $97.4M | ||
| Q1 24 | $22.4M | — |
自由现金流CSWRBC
| Q4 25 | $22.7M | $99.1M | ||
| Q3 25 | $58.7M | $71.7M | ||
| Q2 25 | $57.7M | $104.3M | ||
| Q1 25 | $22.8M | — | ||
| Q4 24 | $8.5M | $73.6M | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $59.6M | $88.4M | ||
| Q1 24 | $17.5M | — |
自由现金流率CSWRBC
| Q4 25 | 9.8% | 21.5% | ||
| Q3 25 | 21.2% | 15.7% | ||
| Q2 25 | 21.9% | 23.9% | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 4.4% | 18.7% | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 26.3% | 21.8% | ||
| Q1 24 | 8.3% | — |
资本支出强度CSWRBC
| Q4 25 | 2.6% | 5.0% | ||
| Q3 25 | 1.1% | 3.7% | ||
| Q2 25 | 1.1% | 3.6% | ||
| Q1 25 | 2.0% | 3.2% | ||
| Q4 24 | 1.6% | 2.6% | ||
| Q3 24 | 2.4% | 4.1% | ||
| Q2 24 | 1.4% | 2.2% | ||
| Q1 24 | 2.3% | — |
现金转化率CSWRBC
| Q4 25 | 2.81× | 1.81× | ||
| Q3 25 | 1.52× | 1.47× | ||
| Q2 25 | 1.48× | 1.75× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | 1.45× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | 1.59× | ||
| 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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
