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CSW INDUSTRIALS, INC.（CSW）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）财务数据对比。点击上方公司名可切换其他公司
SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的季度营收约是CSW INDUSTRIALS, INC.的1.4倍（$331.3M vs $233.0M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs 0.0%，领先4.4%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 2.2%），CSW INDUSTRIALS, INC.自由现金流更多（$22.7M vs $8.7M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -5.4%）
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
CSW vs SPWH — 直观对比
营收规模更大
SPWH
是对方的1.4倍
$233.0M
营收增速更快
CSW
高出18.1%
2.2%
净利率更高
CSW
高出4.4%
0.0%
自由现金流更多
CSW
多$14.0M
$8.7M
两年增速更快
CSW
近两年复合增速
-5.4%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $331.3M |
| 净利润 | $10.3M | $8.0K |
| 毛利率 | 39.7% | 32.8% |
| 营业利润率 | 7.4% | 1.3% |
| 净利率 | 4.4% | 0.0% |
| 营收同比 | 20.3% | 2.2% |
| 净利润同比 | -61.9% | -97.8% |
| 每股收益（稀释后） | $0.62 | $0.00 |
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CSWSPWH
| Q4 25 | $233.0M | $331.3M | ||
| Q3 25 | $277.0M | $293.9M | ||
| Q2 25 | $263.6M | $249.1M | ||
| Q1 25 | $230.5M | $340.4M | ||
| Q4 24 | $193.6M | $324.3M | ||
| Q3 24 | $227.9M | $288.7M | ||
| Q2 24 | $226.2M | $244.2M | ||
| Q1 24 | $210.9M | $370.4M |
净利润CSWSPWH
| Q4 25 | $10.3M | $8.0K | ||
| Q3 25 | $40.7M | $-7.1M | ||
| Q2 25 | $40.9M | $-21.3M | ||
| Q1 25 | $35.1M | $-8.7M | ||
| Q4 24 | $26.9M | $-364.0K | ||
| Q3 24 | $36.1M | $-5.9M | ||
| Q2 24 | $38.6M | $-18.1M | ||
| Q1 24 | $31.8M | $-8.7M |
毛利率CSWSPWH
| Q4 25 | 39.7% | 32.8% | ||
| Q3 25 | 43.0% | 32.0% | ||
| Q2 25 | 43.8% | 30.4% | ||
| Q1 25 | 44.2% | 30.4% | ||
| Q4 24 | 41.4% | 31.8% | ||
| Q3 24 | 45.6% | 31.2% | ||
| Q2 24 | 47.5% | 30.2% | ||
| Q1 24 | 44.4% | 26.8% |
营业利润率CSWSPWH
| Q4 25 | 7.4% | 1.3% | ||
| Q3 25 | 20.5% | -1.1% | ||
| Q2 25 | 20.8% | -7.9% | ||
| Q1 25 | 19.5% | 1.1% | ||
| Q4 24 | 15.3% | 1.0% | ||
| Q3 24 | 22.6% | -1.5% | ||
| Q2 24 | 24.3% | -8.4% | ||
| Q1 24 | 21.0% | -2.1% |
净利率CSWSPWH
| Q4 25 | 4.4% | 0.0% | ||
| Q3 25 | 14.7% | -2.4% | ||
| Q2 25 | 15.5% | -8.5% | ||
| Q1 25 | 15.2% | -2.6% | ||
| Q4 24 | 13.9% | -0.1% | ||
| Q3 24 | 15.8% | -2.0% | ||
| Q2 24 | 17.1% | -7.4% | ||
| Q1 24 | 15.1% | -2.4% |
每股收益（稀释后）CSWSPWH
| Q4 25 | $0.62 | $0.00 | ||
| Q3 25 | $2.41 | $-0.18 | ||
| Q2 25 | $2.43 | $-0.56 | ||
| Q1 25 | $2.05 | $-0.22 | ||
| Q4 24 | $1.60 | $-0.01 | ||
| Q3 24 | $2.26 | $-0.16 | ||
| Q2 24 | $2.47 | $-0.48 | ||
| Q1 24 | $2.03 | $-0.22 |
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 | $2.2M |
| 总债务越低越好 | — | $44.0M |
| 股东权益账面价值 | $1.1B | $209.5M |
| 总资产 | $2.3B | $913.9M |
| 负债/权益比越低杠杆越低 | — | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资CSWSPWH
| Q4 25 | $40.2M | $2.2M | ||
| Q3 25 | $31.5M | $1.8M | ||
| Q2 25 | $38.0M | $3.6M | ||
| Q1 25 | $225.8M | $2.8M | ||
| Q4 24 | $213.8M | $2.7M | ||
| Q3 24 | $273.2M | $2.6M | ||
| Q2 24 | $18.9M | $2.2M | ||
| Q1 24 | $22.2M | $3.1M |
总债务CSWSPWH
| Q4 25 | — | $44.0M | ||
| Q3 25 | — | $43.9M | ||
| Q2 25 | — | $24.1M | ||
| Q1 25 | $800.1M | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | — | $24.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWSPWH
| Q4 25 | $1.1B | $209.5M | ||
| Q3 25 | $1.1B | $208.9M | ||
| Q2 25 | $1.1B | $215.1M | ||
| Q1 25 | $1.1B | $235.7M | ||
| Q4 24 | $1.0B | $243.6M | ||
| Q3 24 | $1.0B | $243.0M | ||
| Q2 24 | $650.2M | $247.5M | ||
| Q1 24 | $615.7M | $264.6M |
总资产CSWSPWH
| Q4 25 | $2.3B | $913.9M | ||
| Q3 25 | $1.5B | $948.9M | ||
| Q2 25 | $1.5B | $929.7M | ||
| Q1 25 | $1.4B | $852.1M | ||
| Q4 24 | $1.4B | $967.7M | ||
| Q3 24 | $1.4B | $901.9M | ||
| Q2 24 | $1.1B | $930.4M | ||
| Q1 24 | $1.0B | $886.2M |
负债/权益比CSWSPWH
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | 0.75× | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| 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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $8.7M |
| 自由现金流率自由现金流/营收 | 9.8% | 2.6% |
| 资本支出强度资本支出/营收 | 2.6% | 2.3% |
| 现金转化率经营现金流/净利润 | 2.81× | 2038.00× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $-39.7M |
8季度趋势，按日历期对齐
经营现金流CSWSPWH
| Q4 25 | $28.9M | $16.3M | ||
| Q3 25 | $61.8M | $-26.6M | ||
| Q2 25 | $60.6M | $-60.2M | ||
| Q1 25 | $27.3M | $52.8M | ||
| Q4 24 | $11.6M | $-2.5M | ||
| Q3 24 | $66.8M | $18.5M | ||
| Q2 24 | $62.7M | $-34.6M | ||
| Q1 24 | $22.4M | $68.9M |
自由现金流CSWSPWH
| Q4 25 | $22.7M | $8.7M | ||
| Q3 25 | $58.7M | $-33.9M | ||
| Q2 25 | $57.7M | $-64.0M | ||
| Q1 25 | $22.8M | $49.6M | ||
| Q4 24 | $8.5M | $-6.2M | ||
| Q3 24 | $61.3M | $14.1M | ||
| Q2 24 | $59.6M | $-38.0M | ||
| Q1 24 | $17.5M | $60.2M |
自由现金流率CSWSPWH
| Q4 25 | 9.8% | 2.6% | ||
| Q3 25 | 21.2% | -11.5% | ||
| Q2 25 | 21.9% | -25.7% | ||
| Q1 25 | 9.9% | 14.6% | ||
| Q4 24 | 4.4% | -1.9% | ||
| Q3 24 | 26.9% | 4.9% | ||
| Q2 24 | 26.3% | -15.5% | ||
| Q1 24 | 8.3% | 16.2% |
资本支出强度CSWSPWH
| Q4 25 | 2.6% | 2.3% | ||
| Q3 25 | 1.1% | 2.5% | ||
| Q2 25 | 1.1% | 1.5% | ||
| Q1 25 | 2.0% | 1.0% | ||
| Q4 24 | 1.6% | 1.1% | ||
| Q3 24 | 2.4% | 1.5% | ||
| Q2 24 | 1.4% | 1.4% | ||
| Q1 24 | 2.3% | 2.4% |
现金转化率CSWSPWH
| Q4 25 | 2.81× | 2038.00× | ||
| 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% |
SPWH
暂无分部数据
