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CSW INDUSTRIALS, INC.（CSW）与Thryv Holdings, Inc.（THRY）财务数据对比。点击上方公司名可切换其他公司
CSW INDUSTRIALS, INC.的季度营收约是Thryv Holdings, Inc.的1.4倍（$233.0M vs $167.7M），CSW INDUSTRIALS, INC.净利率更高（4.4% vs 2.7%，领先1.7%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -7.5%），CSW INDUSTRIALS, INC.自由现金流更多（$22.7M vs $-5.5M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -13.5%）
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
CSW vs THRY — 直观对比
营收规模更大
CSW
是对方的1.4倍
$167.7M
营收增速更快
CSW
高出27.9%
-7.5%
净利率更高
CSW
高出1.7%
2.7%
自由现金流更多
CSW
多$28.2M
$-5.5M
两年增速更快
CSW
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $167.7M |
| 净利润 | $10.3M | $4.5M |
| 毛利率 | 39.7% | 65.2% |
| 营业利润率 | 7.4% | 37.3% |
| 净利率 | 4.4% | 2.7% |
| 营收同比 | 20.3% | -7.5% |
| 净利润同比 | -61.9% | 147.2% |
| 每股收益（稀释后） | $0.62 | $0.10 |
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CSWTHRY
| Q1 26 | — | $167.7M | ||
| Q4 25 | $233.0M | $191.6M | ||
| Q3 25 | $277.0M | $201.6M | ||
| Q2 25 | $263.6M | $210.5M | ||
| Q1 25 | $230.5M | $181.4M | ||
| Q4 24 | $193.6M | $186.6M | ||
| Q3 24 | $227.9M | $179.9M | ||
| Q2 24 | $226.2M | $224.1M |
净利润CSWTHRY
| Q1 26 | — | $4.5M | ||
| Q4 25 | $10.3M | $-9.7M | ||
| Q3 25 | $40.7M | $5.7M | ||
| Q2 25 | $40.9M | $13.9M | ||
| Q1 25 | $35.1M | $-9.6M | ||
| Q4 24 | $26.9M | $7.9M | ||
| Q3 24 | $36.1M | $-96.1M | ||
| Q2 24 | $38.6M | $5.5M |
毛利率CSWTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | 39.7% | 68.0% | ||
| Q3 25 | 43.0% | 67.7% | ||
| Q2 25 | 43.8% | 69.7% | ||
| Q1 25 | 44.2% | 65.8% | ||
| Q4 24 | 41.4% | 65.9% | ||
| Q3 24 | 45.6% | 62.3% | ||
| Q2 24 | 47.5% | 66.3% |
营业利润率CSWTHRY
| Q1 26 | — | 37.3% | ||
| Q4 25 | 7.4% | 5.3% | ||
| Q3 25 | 20.5% | 9.9% | ||
| Q2 25 | 20.8% | 14.0% | ||
| Q1 25 | 19.5% | -1.7% | ||
| Q4 24 | 15.3% | -3.9% | ||
| Q3 24 | 22.6% | -49.2% | ||
| Q2 24 | 24.3% | 14.0% |
净利率CSWTHRY
| Q1 26 | — | 2.7% | ||
| Q4 25 | 4.4% | -5.0% | ||
| Q3 25 | 14.7% | 2.8% | ||
| Q2 25 | 15.5% | 6.6% | ||
| Q1 25 | 15.2% | -5.3% | ||
| Q4 24 | 13.9% | 4.2% | ||
| Q3 24 | 15.8% | -53.4% | ||
| Q2 24 | 17.1% | 2.5% |
每股收益（稀释后）CSWTHRY
| Q1 26 | — | $0.10 | ||
| Q4 25 | $0.62 | $-0.21 | ||
| Q3 25 | $2.41 | $0.13 | ||
| Q2 25 | $2.43 | $0.31 | ||
| Q1 25 | $2.05 | $-0.22 | ||
| Q4 24 | $1.60 | $0.28 | ||
| Q3 24 | $2.26 | $-2.65 | ||
| Q2 24 | $2.47 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $225.4M |
| 总资产 | $2.3B | $693.7M |
| 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CSWTHRY
| Q1 26 | — | $8.0M | ||
| Q4 25 | $40.2M | $10.8M | ||
| Q3 25 | $31.5M | $11.6M | ||
| Q2 25 | $38.0M | $10.8M | ||
| Q1 25 | $225.8M | $11.0M | ||
| Q4 24 | $213.8M | $16.3M | ||
| Q3 24 | $273.2M | $12.5M | ||
| Q2 24 | $18.9M | $15.5M |
总债务CSWTHRY
| Q1 26 | — | — | ||
| Q4 25 | — | $253.5M | ||
| Q3 25 | — | $268.2M | ||
| Q2 25 | — | $275.6M | ||
| Q1 25 | $800.1M | $299.0M | ||
| Q4 24 | — | $284.3M | ||
| Q3 24 | — | $307.8M | ||
| Q2 24 | — | $342.1M |
股东权益CSWTHRY
| Q1 26 | — | $225.4M | ||
| Q4 25 | $1.1B | $218.1M | ||
| Q3 25 | $1.1B | $221.1M | ||
| Q2 25 | $1.1B | $214.9M | ||
| Q1 25 | $1.1B | $193.2M | ||
| Q4 24 | $1.0B | $196.9M | ||
| Q3 24 | $1.0B | $94.5M | ||
| Q2 24 | $650.2M | $183.1M |
总资产CSWTHRY
| Q1 26 | — | $693.7M | ||
| Q4 25 | $2.3B | $688.6M | ||
| Q3 25 | $1.5B | $701.8M | ||
| Q2 25 | $1.5B | $687.7M | ||
| Q1 25 | $1.4B | $703.7M | ||
| Q4 24 | $1.4B | $712.2M | ||
| Q3 24 | $1.4B | $654.8M | ||
| Q2 24 | $1.1B | $785.5M |
负债/权益比CSWTHRY
| Q1 26 | — | — | ||
| Q4 25 | — | 1.16× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.28× | ||
| Q1 25 | 0.75× | 1.55× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 3.26× | ||
| Q2 24 | — | 1.87× |
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 | $-5.5M |
| 自由现金流率自由现金流/营收 | 9.8% | -3.3% |
| 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 | $43.3M |
8季度趋势，按日历期对齐
经营现金流CSWTHRY
| Q1 26 | — | — | ||
| Q4 25 | $28.9M | $22.2M | ||
| Q3 25 | $61.8M | $22.2M | ||
| Q2 25 | $60.6M | $29.6M | ||
| Q1 25 | $27.3M | $-10.5M | ||
| Q4 24 | $11.6M | $26.1M | ||
| Q3 24 | $66.8M | $36.0M | ||
| Q2 24 | $62.7M | $22.2M |
自由现金流CSWTHRY
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $22.7M | $12.3M | ||
| Q3 25 | $58.7M | $14.6M | ||
| Q2 25 | $57.7M | $21.8M | ||
| Q1 25 | $22.8M | $-17.6M | ||
| Q4 24 | $8.5M | $17.3M | ||
| Q3 24 | $61.3M | $27.5M | ||
| Q2 24 | $59.6M | $13.3M |
自由现金流率CSWTHRY
| Q1 26 | — | -3.3% | ||
| Q4 25 | 9.8% | 6.4% | ||
| Q3 25 | 21.2% | 7.2% | ||
| Q2 25 | 21.9% | 10.4% | ||
| Q1 25 | 9.9% | -9.7% | ||
| Q4 24 | 4.4% | 9.3% | ||
| Q3 24 | 26.9% | 15.3% | ||
| Q2 24 | 26.3% | 5.9% |
资本支出强度CSWTHRY
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 5.2% | ||
| Q3 25 | 1.1% | 3.8% | ||
| Q2 25 | 1.1% | 3.7% | ||
| Q1 25 | 2.0% | 3.9% | ||
| Q4 24 | 1.6% | 4.7% | ||
| Q3 24 | 2.4% | 4.7% | ||
| Q2 24 | 1.4% | 4.0% |
现金转化率CSWTHRY
| Q1 26 | — | — | ||
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | 3.93× | ||
| Q2 25 | 1.48× | 2.12× | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | 3.32× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
