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CSW INDUSTRIALS, INC.（CSW）与印度钢铁管理局（SAIL）财务数据对比。点击上方公司名可切换其他公司
印度钢铁管理局的季度营收约是CSW INDUSTRIALS, INC.的1.2倍（$281.9M vs $233.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs -12.8%，领先17.2%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 6.7%），印度钢铁管理局自由现金流更多（$52.5M vs $22.7M）
印度钢铁管理局（SAIL）是总部位于新德里的印度公营钢铁制造企业，属印度最高级别的“马哈拉特纳”中央公共部门企业，是印度最大的国有钢铁生产商，年钢铁产量达1829万吨，1973年1月24日成立，现有员工5.1万余名，由印度钢铁部行政管理。
CSW vs SAIL — 直观对比
营收规模更大
SAIL
是对方的1.2倍
$233.0M
营收增速更快
CSW
高出13.7%
6.7%
净利率更高
CSW
高出17.2%
-12.8%
自由现金流更多
SAIL
多$29.8M
$22.7M
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $281.9M |
| 净利润 | $10.3M | $-36.0M |
| 毛利率 | 39.7% | 66.3% |
| 营业利润率 | 7.4% | -14.8% |
| 净利率 | 4.4% | -12.8% |
| 营收同比 | 20.3% | 6.7% |
| 净利润同比 | -61.9% | -240.9% |
| 每股收益（稀释后） | $0.62 | $-0.06 |
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CSWSAIL
| Q4 25 | $233.0M | $281.9M | ||
| Q3 25 | $277.0M | $264.4M | ||
| Q2 25 | $263.6M | $230.5M | ||
| Q1 25 | $230.5M | $240.1M | ||
| Q4 24 | $193.6M | — | ||
| Q3 24 | $227.9M | $198.6M | ||
| Q2 24 | $226.2M | $187.7M | ||
| Q1 24 | $210.9M | — |
净利润CSWSAIL
| Q4 25 | $10.3M | $-36.0M | ||
| Q3 25 | $40.7M | $-10.6M | ||
| Q2 25 | $40.9M | $-187.3M | ||
| Q1 25 | $35.1M | $-80.1M | ||
| Q4 24 | $26.9M | — | ||
| Q3 24 | $36.1M | $-87.1M | ||
| Q2 24 | $38.6M | $-89.2M | ||
| Q1 24 | $31.8M | — |
毛利率CSWSAIL
| Q4 25 | 39.7% | 66.3% | ||
| Q3 25 | 43.0% | 67.3% | ||
| Q2 25 | 43.8% | 55.4% | ||
| Q1 25 | 44.2% | 66.5% | ||
| Q4 24 | 41.4% | — | ||
| Q3 24 | 45.6% | 62.1% | ||
| Q2 24 | 47.5% | 61.5% | ||
| Q1 24 | 44.4% | — |
营业利润率CSWSAIL
| Q4 25 | 7.4% | -14.8% | ||
| Q3 25 | 20.5% | -15.4% | ||
| Q2 25 | 20.8% | -80.3% | ||
| Q1 25 | 19.5% | -12.6% | ||
| Q4 24 | 15.3% | — | ||
| Q3 24 | 22.6% | -33.2% | ||
| Q2 24 | 24.3% | -36.3% | ||
| Q1 24 | 21.0% | — |
净利率CSWSAIL
| Q4 25 | 4.4% | -12.8% | ||
| Q3 25 | 14.7% | -4.0% | ||
| Q2 25 | 15.5% | -81.3% | ||
| Q1 25 | 15.2% | -33.4% | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 15.8% | -43.9% | ||
| Q2 24 | 17.1% | -47.5% | ||
| Q1 24 | 15.1% | — |
每股收益（稀释后）CSWSAIL
| Q4 25 | $0.62 | $-0.06 | ||
| Q3 25 | $2.41 | $-0.02 | ||
| Q2 25 | $2.43 | $-0.42 | ||
| Q1 25 | $2.05 | $-6.50 | ||
| Q4 24 | $1.60 | — | ||
| Q3 24 | $2.26 | $-2.97 | ||
| Q2 24 | $2.47 | $-0.77 | ||
| 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 | $298.1M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $1.1B | $6.8B |
| 总资产 | $2.3B | $7.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CSWSAIL
| Q4 25 | $40.2M | $298.1M | ||
| Q3 25 | $31.5M | $271.1M | ||
| Q2 25 | $38.0M | $228.1M | ||
| Q1 25 | $225.8M | $121.3M | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | $89.7M | ||
| Q2 24 | $18.9M | $146.8M | ||
| Q1 24 | $22.2M | — |
总债务CSWSAIL
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | $800.1M | $1.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWSAIL
| Q4 25 | $1.1B | $6.8B | ||
| Q3 25 | $1.1B | $6.8B | ||
| Q2 25 | $1.1B | $6.8B | ||
| Q1 25 | $1.1B | $-5.6B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | $-701.3M | ||
| Q2 24 | $650.2M | $-622.5M | ||
| Q1 24 | $615.7M | — |
总资产CSWSAIL
| Q4 25 | $2.3B | $7.5B | ||
| Q3 25 | $1.5B | $7.4B | ||
| Q2 25 | $1.5B | $7.4B | ||
| Q1 25 | $1.4B | $7.4B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.0B | — |
负债/权益比CSWSAIL
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| 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 | $53.6M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $52.5M |
| 自由现金流率自由现金流/营收 | 9.8% | 18.6% |
| 资本支出强度资本支出/营收 | 2.6% | 0.4% |
| 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CSWSAIL
| Q4 25 | $28.9M | $53.6M | ||
| Q3 25 | $61.8M | $49.9M | ||
| Q2 25 | $60.6M | $-96.8M | ||
| Q1 25 | $27.3M | — | ||
| Q4 24 | $11.6M | — | ||
| Q3 24 | $66.8M | — | ||
| Q2 24 | $62.7M | $-55.4M | ||
| Q1 24 | $22.4M | — |
自由现金流CSWSAIL
| Q4 25 | $22.7M | $52.5M | ||
| Q3 25 | $58.7M | $49.0M | ||
| Q2 25 | $57.7M | $-99.0M | ||
| Q1 25 | $22.8M | — | ||
| Q4 24 | $8.5M | — | ||
| Q3 24 | $61.3M | — | ||
| Q2 24 | $59.6M | $-56.0M | ||
| Q1 24 | $17.5M | — |
自由现金流率CSWSAIL
| Q4 25 | 9.8% | 18.6% | ||
| Q3 25 | 21.2% | 18.5% | ||
| Q2 25 | 21.9% | -43.0% | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 26.3% | -29.8% | ||
| Q1 24 | 8.3% | — |
资本支出强度CSWSAIL
| Q4 25 | 2.6% | 0.4% | ||
| Q3 25 | 1.1% | 0.4% | ||
| Q2 25 | 1.1% | 1.0% | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.4% | 0.3% | ||
| Q1 24 | 2.3% | — |
现金转化率CSWSAIL
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| 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% |
SAIL
| Software As A Service Saa S | $156.0M | 55% |
| Term Subscriptions Services | $65.1M | 23% |
| Maintenance | $38.0M | 13% |
| Other | $15.7M | 6% |
| Other Subscription Services | $7.1M | 3% |
