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CSW INDUSTRIALS, INC.（CSW）与Texas Pacific Land Corporation（TPL）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Texas Pacific Land Corporation的1.1倍（$233.0M vs $211.6M），Texas Pacific Land Corporation净利率更高（58.3% vs 4.4%，领先53.9%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs 13.9%），过去两年Texas Pacific Land Corporation的营收复合增速更高（10.2% vs 5.1%）
Texas Pacific Land Corporation（简称TPL）是一家公开上市的不动产运营企业，行政总部位于美国得克萨斯州达拉斯市。公司在得州西部20个郡拥有逾88万英亩（约3600平方公里）土地，是得州规模最大的私人土地所有者之一，前身为得克萨斯太平洋土地信托。
CSW vs TPL — 直观对比
营收规模更大
CSW
是对方的1.1倍
$211.6M
营收增速更快
CSW
高出6.4%
13.9%
净利率更高
TPL
高出53.9%
4.4%
两年增速更快
TPL
近两年复合增速
5.1%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $211.6M |
| 净利润 | $10.3M | $123.3M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | 70.5% |
| 净利率 | 4.4% | 58.3% |
| 营收同比 | 20.3% | 13.9% |
| 净利润同比 | -61.9% | 4.2% |
| 每股收益（稀释后） | $0.62 | $-8.59 |
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CSWTPL
| Q4 25 | $233.0M | $211.6M | ||
| Q3 25 | $277.0M | $203.1M | ||
| Q2 25 | $263.6M | $187.5M | ||
| Q1 25 | $230.5M | $196.0M | ||
| Q4 24 | $193.6M | $185.8M | ||
| Q3 24 | $227.9M | $173.6M | ||
| Q2 24 | $226.2M | $172.3M | ||
| Q1 24 | $210.9M | $174.1M |
净利润CSWTPL
| Q4 25 | $10.3M | $123.3M | ||
| Q3 25 | $40.7M | $121.2M | ||
| Q2 25 | $40.9M | $116.1M | ||
| Q1 25 | $35.1M | $120.7M | ||
| Q4 24 | $26.9M | $118.4M | ||
| Q3 24 | $36.1M | $106.6M | ||
| Q2 24 | $38.6M | $114.6M | ||
| Q1 24 | $31.8M | $114.4M |
毛利率CSWTPL
| 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CSWTPL
| Q4 25 | 7.4% | 70.5% | ||
| Q3 25 | 20.5% | 73.4% | ||
| Q2 25 | 20.8% | 76.6% | ||
| Q1 25 | 19.5% | 76.6% | ||
| Q4 24 | 15.3% | 76.7% | ||
| Q3 24 | 22.6% | 73.4% | ||
| Q2 24 | 24.3% | 77.3% | ||
| Q1 24 | 21.0% | 78.1% |
净利率CSWTPL
| Q4 25 | 4.4% | 58.3% | ||
| Q3 25 | 14.7% | 59.7% | ||
| Q2 25 | 15.5% | 61.9% | ||
| Q1 25 | 15.2% | 61.6% | ||
| Q4 24 | 13.9% | 63.7% | ||
| Q3 24 | 15.8% | 61.4% | ||
| Q2 24 | 17.1% | 66.5% | ||
| Q1 24 | 15.1% | 65.7% |
每股收益（稀释后）CSWTPL
| Q4 25 | $0.62 | $-8.59 | ||
| Q3 25 | $2.41 | $5.27 | ||
| Q2 25 | $2.43 | $5.05 | ||
| Q1 25 | $2.05 | $5.24 | ||
| Q4 24 | $1.60 | $5.14 | ||
| Q3 24 | $2.26 | $4.63 | ||
| Q2 24 | $2.47 | $4.98 | ||
| Q1 24 | $2.03 | $4.97 |
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 | $144.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $1.5B |
| 总资产 | $2.3B | $1.6B |
| 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CSWTPL
| Q4 25 | $40.2M | $144.8M | ||
| Q3 25 | $31.5M | $531.8M | ||
| Q2 25 | $38.0M | $543.9M | ||
| Q1 25 | $225.8M | $460.4M | ||
| Q4 24 | $213.8M | $369.8M | ||
| Q3 24 | $273.2M | $533.9M | ||
| Q2 24 | $18.9M | $894.7M | ||
| Q1 24 | $22.2M | $837.1M |
总债务CSWTPL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
股东权益CSWTPL
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.0B | $1.1B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $650.2M | $1.2B | ||
| Q1 24 | $615.7M | $1.1B |
总资产CSWTPL
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.4B | $1.2B | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $1.0B | $1.3B |
负债/权益比CSWTPL
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| 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 | $113.7M |
| 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× | 0.92× |
| 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CSWTPL
| Q4 25 | $28.9M | $113.7M | ||
| Q3 25 | $61.8M | $154.6M | ||
| Q2 25 | $60.6M | $120.9M | ||
| Q1 25 | $27.3M | $156.7M | ||
| Q4 24 | $11.6M | $126.6M | ||
| Q3 24 | $66.8M | $118.6M | ||
| Q2 24 | $62.7M | $98.3M | ||
| Q1 24 | $22.4M | $147.2M |
自由现金流CSWTPL
| 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CSWTPL
| 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CSWTPL
| 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CSWTPL
| Q4 25 | 2.81× | 0.92× | ||
| Q3 25 | 1.52× | 1.28× | ||
| Q2 25 | 1.48× | 1.04× | ||
| Q1 25 | 0.78× | 1.30× | ||
| Q4 24 | 0.43× | 1.07× | ||
| Q3 24 | 1.85× | 1.11× | ||
| Q2 24 | 1.62× | 0.86× | ||
| Q1 24 | 0.71× | 1.29× |
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% |
TPL
| Water Serviceand Operations Segment | $98.2M | 46% |
| Water Sales And Royalties | $60.7M | 29% |
| Produced Water Royalties | $33.5M | 16% |
| Easementand Sundry | $20.6M | 10% |
