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CSW INDUSTRIALS, INC.（CSW）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是CSW INDUSTRIALS, INC.的1.7倍（$404.2M vs $233.0M），Regency Centers净利率更高（50.1% vs 4.4%，领先45.7%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 8.5%），过去两年Regency Centers的营收复合增速更高（5.4% vs 5.1%）
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
CSW vs REG — 直观对比
营收规模更大
REG
是对方的1.7倍
$233.0M
营收增速更快
CSW
高出11.8%
8.5%
净利率更高
REG
高出45.7%
4.4%
两年增速更快
REG
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $404.2M |
| 净利润 | $10.3M | $202.5M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | 71.0% |
| 净利率 | 4.4% | 50.1% |
| 营收同比 | 20.3% | 8.5% |
| 净利润同比 | -61.9% | 134.1% |
| 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CSWREG
| Q4 25 | $233.0M | $404.2M | ||
| Q3 25 | $277.0M | $387.6M | ||
| Q2 25 | $263.6M | $380.8M | ||
| Q1 25 | $230.5M | $380.9M | ||
| Q4 24 | $193.6M | $372.5M | ||
| Q3 24 | $227.9M | $360.3M | ||
| Q2 24 | $226.2M | $357.3M | ||
| Q1 24 | $210.9M | $363.9M |
净利润CSWREG
| Q4 25 | $10.3M | $202.5M | ||
| Q3 25 | $40.7M | $109.4M | ||
| Q2 25 | $40.9M | $106.0M | ||
| Q1 25 | $35.1M | $109.6M | ||
| Q4 24 | $26.9M | $86.5M | ||
| Q3 24 | $36.1M | $101.5M | ||
| Q2 24 | $38.6M | $102.7M | ||
| Q1 24 | $31.8M | $109.8M |
毛利率CSWREG
| 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% | — | ||
| Q1 24 | 44.4% | — |
营业利润率CSWREG
| Q4 25 | 7.4% | 71.0% | ||
| Q3 25 | 20.5% | 72.7% | ||
| Q2 25 | 20.8% | 73.8% | ||
| Q1 25 | 19.5% | 71.8% | ||
| Q4 24 | 15.3% | 71.1% | ||
| Q3 24 | 22.6% | 72.5% | ||
| Q2 24 | 24.3% | 72.3% | ||
| Q1 24 | 21.0% | 72.3% |
净利率CSWREG
| Q4 25 | 4.4% | 50.1% | ||
| Q3 25 | 14.7% | 28.2% | ||
| Q2 25 | 15.5% | 27.8% | ||
| Q1 25 | 15.2% | 28.8% | ||
| Q4 24 | 13.9% | 23.2% | ||
| Q3 24 | 15.8% | 28.2% | ||
| Q2 24 | 17.1% | 28.7% | ||
| Q1 24 | 15.1% | 30.2% |
每股收益（稀释后）CSWREG
| 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 | — | ||
| Q1 24 | $2.03 | — |
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 | — | $4.7B |
| 股东权益账面价值 | $1.1B | $6.9B |
| 总资产 | $2.3B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资CSWREG
| 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CSWREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | $4.9B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | $800.1M | $4.6B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | $166.0M | $4.4B |
股东权益CSWREG
| Q4 25 | $1.1B | $6.9B | ||
| Q3 25 | $1.1B | $6.8B | ||
| Q2 25 | $1.1B | $6.7B | ||
| Q1 25 | $1.1B | $6.7B | ||
| Q4 24 | $1.0B | $6.7B | ||
| Q3 24 | $1.0B | $6.8B | ||
| Q2 24 | $650.2M | $6.8B | ||
| Q1 24 | $615.7M | $7.0B |
总资产CSWREG
| Q4 25 | $2.3B | $13.0B | ||
| Q3 25 | $1.5B | $13.1B | ||
| Q2 25 | $1.5B | $12.7B | ||
| Q1 25 | $1.4B | $12.6B | ||
| Q4 24 | $1.4B | $12.4B | ||
| Q3 24 | $1.4B | $12.4B | ||
| Q2 24 | $1.1B | $12.4B | ||
| Q1 24 | $1.0B | $12.7B |
负债/权益比CSWREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | 0.75× | 0.69× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | 0.27× | 0.63× |
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 | $203.9M |
| 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× | 1.01× |
| 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CSWREG
| Q4 25 | $28.9M | $203.9M | ||
| Q3 25 | $61.8M | $218.7M | ||
| Q2 25 | $60.6M | $244.0M | ||
| Q1 25 | $27.3M | $161.0M | ||
| Q4 24 | $11.6M | $191.4M | ||
| Q3 24 | $66.8M | $227.6M | ||
| Q2 24 | $62.7M | $203.5M | ||
| Q1 24 | $22.4M | $167.8M |
自由现金流CSWREG
| Q4 25 | $22.7M | — | ||
| Q3 25 | $58.7M | — | ||
| Q2 25 | $57.7M | — | ||
| Q1 25 | $22.8M | — | ||
| Q4 24 | $8.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $59.6M | — | ||
| Q1 24 | $17.5M | — |
自由现金流率CSWREG
| Q4 25 | 9.8% | — | ||
| Q3 25 | 21.2% | — | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 26.3% | — | ||
| Q1 24 | 8.3% | — |
资本支出强度CSWREG
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 2.3% | — |
现金转化率CSWREG
| Q4 25 | 2.81× | 1.01× | ||
| Q3 25 | 1.52× | 2.00× | ||
| Q2 25 | 1.48× | 2.30× | ||
| Q1 25 | 0.78× | 1.47× | ||
| Q4 24 | 0.43× | 2.21× | ||
| Q3 24 | 1.85× | 2.24× | ||
| Q2 24 | 1.62× | 1.98× | ||
| Q1 24 | 0.71× | 1.53× |
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% |
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
