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CSW INDUSTRIALS, INC.（CSW）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是CSW INDUSTRIALS, INC.的2.0倍（$461.6M vs $233.0M），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -4.1%），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -10.7%）
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
CSW vs SAM — 直观对比
营收规模更大
SAM
是对方的2.0倍
$233.0M
营收增速更快
CSW
高出24.4%
-4.1%
两年增速更快
CSW
近两年复合增速
-10.7%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $461.6M |
| 净利润 | $10.3M | — |
| 毛利率 | 39.7% | 46.4% |
| 营业利润率 | 7.4% | 12.4% |
| 净利率 | 4.4% | — |
| 营收同比 | 20.3% | -4.1% |
| 净利润同比 | -61.9% | — |
| 每股收益（稀释后） | $0.62 | $2.16 |
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CSWSAM
| Q1 26 | — | $461.6M | ||
| Q4 25 | $233.0M | $385.7M | ||
| Q3 25 | $277.0M | $537.5M | ||
| Q2 25 | $263.6M | $587.9M | ||
| Q1 25 | $230.5M | $453.9M | ||
| Q4 24 | $193.6M | $402.3M | ||
| Q3 24 | $227.9M | $605.5M | ||
| Q2 24 | $226.2M | $579.1M |
净利润CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | $10.3M | $-22.5M | ||
| Q3 25 | $40.7M | $46.2M | ||
| Q2 25 | $40.9M | $60.4M | ||
| Q1 25 | $35.1M | $24.4M | ||
| Q4 24 | $26.9M | $-38.8M | ||
| Q3 24 | $36.1M | $33.5M | ||
| Q2 24 | $38.6M | $52.3M |
毛利率CSWSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | 39.7% | 43.5% | ||
| Q3 25 | 43.0% | 50.8% | ||
| Q2 25 | 43.8% | 49.8% | ||
| Q1 25 | 44.2% | 48.3% | ||
| Q4 24 | 41.4% | 39.9% | ||
| Q3 24 | 45.6% | 46.3% | ||
| Q2 24 | 47.5% | 46.0% |
营业利润率CSWSAM
| Q1 26 | — | 12.4% | ||
| Q4 25 | 7.4% | -8.6% | ||
| Q3 25 | 20.5% | 11.5% | ||
| Q2 25 | 20.8% | 14.0% | ||
| Q1 25 | 19.5% | 7.4% | ||
| Q4 24 | 15.3% | -13.9% | ||
| Q3 24 | 22.6% | 7.6% | ||
| Q2 24 | 24.3% | 12.2% |
净利率CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | -5.8% | ||
| Q3 25 | 14.7% | 8.6% | ||
| Q2 25 | 15.5% | 10.3% | ||
| Q1 25 | 15.2% | 5.4% | ||
| Q4 24 | 13.9% | -9.6% | ||
| Q3 24 | 15.8% | 5.5% | ||
| Q2 24 | 17.1% | 9.0% |
每股收益（稀释后）CSWSAM
| Q1 26 | — | $2.16 | ||
| Q4 25 | $0.62 | $-1.97 | ||
| Q3 25 | $2.41 | $4.25 | ||
| Q2 25 | $2.43 | $5.45 | ||
| Q1 25 | $2.05 | $2.16 | ||
| Q4 24 | $1.60 | $-3.23 | ||
| Q3 24 | $2.26 | $2.86 | ||
| Q2 24 | $2.47 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $682.6M |
| 总资产 | $2.3B | $1.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CSWSAM
| Q1 26 | — | $164.1M | ||
| Q4 25 | $40.2M | $223.4M | ||
| Q3 25 | $31.5M | $250.5M | ||
| Q2 25 | $38.0M | $212.4M | ||
| Q1 25 | $225.8M | $152.5M | ||
| Q4 24 | $213.8M | $211.8M | ||
| Q3 24 | $273.2M | $255.6M | ||
| Q2 24 | $18.9M | $219.3M |
总债务CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CSWSAM
| Q1 26 | — | $682.6M | ||
| Q4 25 | $1.1B | $846.3M | ||
| Q3 25 | $1.1B | $911.0M | ||
| Q2 25 | $1.1B | $912.3M | ||
| Q1 25 | $1.1B | $897.0M | ||
| Q4 24 | $1.0B | $916.2M | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $650.2M | $1.0B |
总资产CSWSAM
| Q1 26 | — | $1.2B | ||
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $1.4B | $1.4B | ||
| Q2 24 | $1.1B | $1.4B |
负债/权益比CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 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× | — |
| 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CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $39.9M | ||
| Q3 25 | $61.8M | $101.8M | ||
| Q2 25 | $60.6M | $126.5M | ||
| Q1 25 | $27.3M | $1.9M | ||
| Q4 24 | $11.6M | $41.9M | ||
| Q3 24 | $66.8M | $115.9M | ||
| Q2 24 | $62.7M | $96.0M |
自由现金流CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | $22.7M | $22.1M | ||
| Q3 25 | $58.7M | $89.2M | ||
| Q2 25 | $57.7M | $112.2M | ||
| Q1 25 | $22.8M | $-8.0M | ||
| Q4 24 | $8.5M | $18.4M | ||
| Q3 24 | $61.3M | $99.2M | ||
| Q2 24 | $59.6M | $75.6M |
自由现金流率CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | 9.8% | 5.7% | ||
| Q3 25 | 21.2% | 16.6% | ||
| Q2 25 | 21.9% | 19.1% | ||
| Q1 25 | 9.9% | -1.8% | ||
| Q4 24 | 4.4% | 4.6% | ||
| Q3 24 | 26.9% | 16.4% | ||
| Q2 24 | 26.3% | 13.1% |
资本支出强度CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 4.6% | ||
| Q3 25 | 1.1% | 2.3% | ||
| Q2 25 | 1.1% | 2.4% | ||
| Q1 25 | 2.0% | 2.2% | ||
| Q4 24 | 1.6% | 5.8% | ||
| Q3 24 | 2.4% | 2.8% | ||
| Q2 24 | 1.4% | 3.5% |
现金转化率CSWSAM
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | 2.21× | ||
| Q2 25 | 1.48× | 2.09× | ||
| Q1 25 | 0.78× | 0.08× | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | 3.46× | ||
| Q2 24 | 1.62× | 1.83× |
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% |
SAM
暂无分部数据
