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CSW INDUSTRIALS, INC.（CSW）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）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VIRTUS INVESTMENT PARTNERS, INC.的1.1倍（$233.0M vs $208.0M），VIRTUS INVESTMENT PARTNERS, INC.净利率更高（16.3% vs 4.4%，领先11.9%），CSW INDUSTRIALS, INC.同比增速更快（20.3% vs -10.9%），CSW INDUSTRIALS, INC.自由现金流更多（$22.7M vs $-74.1M），过去两年CSW INDUSTRIALS, INC.的营收复合增速更高（5.1% vs -3.2%）
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
CSW vs VRTS — 直观对比
营收规模更大
CSW
是对方的1.1倍
$208.0M
营收增速更快
CSW
高出31.2%
-10.9%
净利率更高
VRTS
高出11.9%
4.4%
自由现金流更多
CSW
多$96.8M
$-74.1M
两年增速更快
CSW
近两年复合增速
-3.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $233.0M | $208.0M |
| 净利润 | $10.3M | $33.9M |
| 毛利率 | 39.7% | — |
| 营业利润率 | 7.4% | 19.1% |
| 净利率 | 4.4% | 16.3% |
| 营收同比 | 20.3% | -10.9% |
| 净利润同比 | -61.9% | -14.2% |
| 每股收益（稀释后） | $0.62 | $5.15 |
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CSWVRTS
| Q4 25 | $233.0M | $208.0M | ||
| Q3 25 | $277.0M | $216.4M | ||
| Q2 25 | $263.6M | $210.5M | ||
| Q1 25 | $230.5M | $217.9M | ||
| Q4 24 | $193.6M | $233.5M | ||
| Q3 24 | $227.9M | $227.0M | ||
| Q2 24 | $226.2M | $224.4M | ||
| Q1 24 | $210.9M | $222.0M |
净利润CSWVRTS
| Q4 25 | $10.3M | $33.9M | ||
| Q3 25 | $40.7M | $31.3M | ||
| Q2 25 | $40.9M | $42.7M | ||
| Q1 25 | $35.1M | $28.1M | ||
| Q4 24 | $26.9M | $39.5M | ||
| Q3 24 | $36.1M | $49.1M | ||
| Q2 24 | $38.6M | $26.0M | ||
| Q1 24 | $31.8M | $37.9M |
毛利率CSWVRTS
| 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CSWVRTS
| Q4 25 | 7.4% | 19.1% | ||
| Q3 25 | 20.5% | 21.7% | ||
| Q2 25 | 20.8% | 21.5% | ||
| Q1 25 | 19.5% | 16.8% | ||
| Q4 24 | 15.3% | 21.7% | ||
| Q3 24 | 22.6% | 24.3% | ||
| Q2 24 | 24.3% | 19.7% | ||
| Q1 24 | 21.0% | 14.5% |
净利率CSWVRTS
| Q4 25 | 4.4% | 16.3% | ||
| Q3 25 | 14.7% | 14.5% | ||
| Q2 25 | 15.5% | 20.3% | ||
| Q1 25 | 15.2% | 12.9% | ||
| Q4 24 | 13.9% | 16.9% | ||
| Q3 24 | 15.8% | 21.6% | ||
| Q2 24 | 17.1% | 11.6% | ||
| Q1 24 | 15.1% | 17.1% |
每股收益（稀释后）CSWVRTS
| Q4 25 | $0.62 | $5.15 | ||
| Q3 25 | $2.41 | $4.65 | ||
| Q2 25 | $2.43 | $6.12 | ||
| Q1 25 | $2.05 | $4.05 | ||
| Q4 24 | $1.60 | $4.65 | ||
| Q3 24 | $2.26 | $5.71 | ||
| Q2 24 | $2.47 | $2.43 | ||
| Q1 24 | $2.03 | $4.10 |
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 | — |
| 总债务越低越好 | — | $390.0M |
| 股东权益账面价值 | $1.1B | $934.0M |
| 总资产 | $2.3B | $4.3B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CSWVRTS
| Q4 25 | $40.2M | — | ||
| Q3 25 | $31.5M | — | ||
| Q2 25 | $38.0M | — | ||
| Q1 25 | $225.8M | — | ||
| Q4 24 | $213.8M | — | ||
| Q3 24 | $273.2M | — | ||
| Q2 24 | $18.9M | — | ||
| Q1 24 | $22.2M | — |
总债务CSWVRTS
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | $800.1M | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | $166.0M | $253.0M |
股东权益CSWVRTS
| Q4 25 | $1.1B | $934.0M | ||
| Q3 25 | $1.1B | $918.7M | ||
| Q2 25 | $1.1B | $896.4M | ||
| Q1 25 | $1.1B | $893.7M | ||
| Q4 24 | $1.0B | $897.5M | ||
| Q3 24 | $1.0B | $889.0M | ||
| Q2 24 | $650.2M | $868.7M | ||
| Q1 24 | $615.7M | $871.7M |
总资产CSWVRTS
| Q4 25 | $2.3B | $4.3B | ||
| Q3 25 | $1.5B | $3.9B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.4B | $3.7B | ||
| Q4 24 | $1.4B | $4.0B | ||
| Q3 24 | $1.4B | $3.6B | ||
| Q2 24 | $1.1B | $3.6B | ||
| Q1 24 | $1.0B | $3.5B |
负债/权益比CSWVRTS
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | 0.75× | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | 0.27× | 0.29× |
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 | $-67.2M |
| 自由现金流经营现金流 - 资本支出 | $22.7M | $-74.1M |
| 自由现金流率自由现金流/营收 | 9.8% | -35.6% |
| 资本支出强度资本支出/营收 | 2.6% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.81× | -1.99× |
| 过去12个月自由现金流最近4个季度 | $162.0M | $100.2M |
8季度趋势，按日历期对齐
经营现金流CSWVRTS
| Q4 25 | $28.9M | $-67.2M | ||
| Q3 25 | $61.8M | $108.3M | ||
| Q2 25 | $60.6M | $75.8M | ||
| Q1 25 | $27.3M | $-3.8M | ||
| Q4 24 | $11.6M | $1.8M | ||
| Q3 24 | $66.8M | $69.1M | ||
| Q2 24 | $62.7M | $70.0M | ||
| Q1 24 | $22.4M | $-34.5M |
自由现金流CSWVRTS
| Q4 25 | $22.7M | $-74.1M | ||
| Q3 25 | $58.7M | $106.9M | ||
| Q2 25 | $57.7M | $74.2M | ||
| Q1 25 | $22.8M | $-6.8M | ||
| Q4 24 | $8.5M | $-3.8M | ||
| Q3 24 | $61.3M | $68.7M | ||
| Q2 24 | $59.6M | $68.6M | ||
| Q1 24 | $17.5M | $-36.5M |
自由现金流率CSWVRTS
| Q4 25 | 9.8% | -35.6% | ||
| Q3 25 | 21.2% | 49.4% | ||
| Q2 25 | 21.9% | 35.2% | ||
| Q1 25 | 9.9% | -3.1% | ||
| Q4 24 | 4.4% | -1.6% | ||
| Q3 24 | 26.9% | 30.3% | ||
| Q2 24 | 26.3% | 30.6% | ||
| Q1 24 | 8.3% | -16.4% |
资本支出强度CSWVRTS
| Q4 25 | 2.6% | 3.3% | ||
| Q3 25 | 1.1% | 0.7% | ||
| Q2 25 | 1.1% | 0.7% | ||
| Q1 25 | 2.0% | 1.4% | ||
| Q4 24 | 1.6% | 2.4% | ||
| Q3 24 | 2.4% | 0.2% | ||
| Q2 24 | 1.4% | 0.6% | ||
| Q1 24 | 2.3% | 0.9% |
现金转化率CSWVRTS
| Q4 25 | 2.81× | -1.99× | ||
| Q3 25 | 1.52× | 3.45× | ||
| Q2 25 | 1.48× | 1.77× | ||
| Q1 25 | 0.78× | -0.13× | ||
| Q4 24 | 0.43× | 0.04× | ||
| Q3 24 | 1.85× | 1.41× | ||
| Q2 24 | 1.62× | 2.69× | ||
| Q1 24 | 0.71× | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
