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Cintas（CTAS）与Wabtec（WAB）财务数据对比。点击上方公司名可切换其他公司
Wabtec的季度营收约是Cintas的1.1倍（$3.0B vs $2.8B），Cintas净利率更高（17.7% vs 12.3%，领先5.4%），Wabtec同比增速更快（13.0% vs 9.3%），过去两年Cintas的营收复合增速更高（7.9% vs 5.6%）
美国Cintas公司总部位于俄亥俄州梅森市，面向各类企业客户提供制服、地垫、拖把、清洁及卫浴用品、急救安全产品、灭火器检测服务、安全培训课程等多元产品及服务，在纳斯达克全球精选市场上市，股票代码CTAS，是标普500指数成分股。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
CTAS vs WAB — 直观对比
营收规模更大
WAB
是对方的1.1倍
$2.8B
营收增速更快
WAB
高出3.7%
9.3%
净利率更高
CTAS
高出5.4%
12.3%
两年增速更快
CTAS
近两年复合增速
5.6%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.0B |
| 净利润 | $495.3M | $363.0M |
| 毛利率 | 50.4% | 36.0% |
| 营业利润率 | 23.4% | 17.5% |
| 净利率 | 17.7% | 12.3% |
| 营收同比 | 9.3% | 13.0% |
| 净利润同比 | 10.4% | 11.0% |
| 每股收益（稀释后） | $1.21 | $2.12 |
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CTASWAB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.8B | $3.0B | ||
| Q3 25 | $2.7B | $2.9B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.6B | $2.6B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.5B | $2.7B | ||
| Q2 24 | $2.5B | $2.6B |
净利润CTASWAB
| Q1 26 | — | $363.0M | ||
| Q4 25 | $495.3M | $202.0M | ||
| Q3 25 | $491.1M | $310.0M | ||
| Q2 25 | $448.3M | $336.0M | ||
| Q1 25 | $463.5M | $322.0M | ||
| Q4 24 | $448.5M | $212.0M | ||
| Q3 24 | $452.0M | $283.0M | ||
| Q2 24 | $414.3M | $289.0M |
毛利率CTASWAB
| Q1 26 | — | 36.0% | ||
| Q4 25 | 50.4% | 32.6% | ||
| Q3 25 | 50.3% | 34.7% | ||
| Q2 25 | 49.7% | 34.7% | ||
| Q1 25 | 50.6% | 34.5% | ||
| Q4 24 | 49.8% | 30.9% | ||
| Q3 24 | 50.1% | 33.0% | ||
| Q2 24 | — | 33.1% |
营业利润率CTASWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | 23.4% | 12.0% | ||
| Q3 25 | 22.7% | 17.0% | ||
| Q2 25 | 22.4% | 17.4% | ||
| Q1 25 | 23.4% | 18.2% | ||
| Q4 24 | 23.1% | 12.9% | ||
| Q3 24 | 22.4% | 16.3% | ||
| Q2 24 | 22.2% | 16.3% |
净利率CTASWAB
| Q1 26 | — | 12.3% | ||
| Q4 25 | 17.7% | 6.8% | ||
| Q3 25 | 18.1% | 10.7% | ||
| Q2 25 | 16.8% | 12.4% | ||
| Q1 25 | 17.8% | 12.3% | ||
| Q4 24 | 17.5% | 8.2% | ||
| Q3 24 | 18.1% | 10.6% | ||
| Q2 24 | 16.8% | 10.9% |
每股收益（稀释后）CTASWAB
| Q1 26 | — | $2.12 | ||
| Q4 25 | $1.21 | $1.18 | ||
| Q3 25 | $1.20 | $1.81 | ||
| Q2 25 | $1.08 | $1.96 | ||
| Q1 25 | $1.13 | $1.88 | ||
| Q4 24 | $1.09 | $1.24 | ||
| Q3 24 | $1.10 | $1.63 | ||
| Q2 24 | $4.00 | $1.64 |
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 | $200.8M | — |
| 总债务越低越好 | $2.4B | $4.7B |
| 股东权益账面价值 | $4.5B | $11.1B |
| 总资产 | $10.1B | $23.2B |
| 负债/权益比越低杠杆越低 | 0.54× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CTASWAB
| Q1 26 | — | — | ||
| Q4 25 | $200.8M | — | ||
| Q3 25 | $138.1M | — | ||
| Q2 25 | $264.0M | — | ||
| Q1 25 | $243.4M | — | ||
| Q4 24 | $122.4M | — | ||
| Q3 24 | $101.4M | — | ||
| Q2 24 | $342.0M | — |
总债务CTASWAB
| Q1 26 | — | $4.7B | ||
| Q4 25 | $2.4B | $5.5B | ||
| Q3 25 | $2.4B | $5.3B | ||
| Q2 25 | $2.4B | $4.8B | ||
| Q1 25 | $2.0B | $4.0B | ||
| Q4 24 | $2.0B | $4.0B | ||
| Q3 24 | $2.0B | $4.0B | ||
| Q2 24 | $2.0B | $4.0B |
股东权益CTASWAB
| Q1 26 | — | $11.1B | ||
| Q4 25 | $4.5B | $11.1B | ||
| Q3 25 | $4.8B | $11.0B | ||
| Q2 25 | $4.7B | $10.8B | ||
| Q1 25 | $4.6B | $10.4B | ||
| Q4 24 | $4.3B | $10.1B | ||
| Q3 24 | $4.0B | $10.3B | ||
| Q2 24 | $4.3B | $10.5B |
总资产CTASWAB
| Q1 26 | — | $23.2B | ||
| Q4 25 | $10.1B | $22.1B | ||
| Q3 25 | $9.8B | $21.5B | ||
| Q2 25 | $9.8B | $20.4B | ||
| Q1 25 | $9.6B | $19.1B | ||
| Q4 24 | $9.4B | $18.7B | ||
| Q3 24 | $9.1B | $18.6B | ||
| Q2 24 | $9.2B | $18.9B |
负债/权益比CTASWAB
| Q1 26 | — | 0.42× | ||
| Q4 25 | 0.54× | 0.50× | ||
| Q3 25 | 0.51× | 0.48× | ||
| Q2 25 | 0.52× | 0.44× | ||
| Q1 25 | 0.44× | 0.39× | ||
| Q4 24 | 0.47× | 0.39× | ||
| Q3 24 | 0.50× | 0.39× | ||
| Q2 24 | 0.47× | 0.38× |
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 | $531.2M | $199.0M |
| 自由现金流经营现金流 - 资本支出 | $425.0M | — |
| 自由现金流率自由现金流/营收 | 15.2% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | 1.07× | 0.55× |
| 过去12个月自由现金流最近4个季度 | $1.8B | — |
8季度趋势，按日历期对齐
经营现金流CTASWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | $531.2M | $992.0M | ||
| Q3 25 | $414.5M | $367.0M | ||
| Q2 25 | $635.7M | $209.0M | ||
| Q1 25 | $622.0M | $191.0M | ||
| Q4 24 | $441.4M | $723.0M | ||
| Q3 24 | $466.7M | $542.0M | ||
| Q2 24 | $693.0M | $235.0M |
自由现金流CTASWAB
| Q1 26 | — | — | ||
| Q4 25 | $425.0M | $870.0M | ||
| Q3 25 | $312.5M | $312.0M | ||
| Q2 25 | $521.1M | $170.0M | ||
| Q1 25 | $522.1M | $147.0M | ||
| Q4 24 | $340.0M | $639.0M | ||
| Q3 24 | $373.8M | $496.0M | ||
| Q2 24 | $591.1M | $189.0M |
自由现金流率CTASWAB
| Q1 26 | — | — | ||
| Q4 25 | 15.2% | 29.3% | ||
| Q3 25 | 11.5% | 10.8% | ||
| Q2 25 | 19.5% | 6.3% | ||
| Q1 25 | 20.0% | 5.6% | ||
| Q4 24 | 13.3% | 24.7% | ||
| Q3 24 | 14.9% | 18.6% | ||
| Q2 24 | 23.9% | 7.1% |
资本支出强度CTASWAB
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | 4.1% | ||
| Q3 25 | 3.8% | 1.9% | ||
| Q2 25 | 4.3% | 1.4% | ||
| Q1 25 | 3.8% | 1.7% | ||
| Q4 24 | 4.0% | 3.3% | ||
| Q3 24 | 3.7% | 1.7% | ||
| Q2 24 | 4.1% | 1.7% |
现金转化率CTASWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | 1.07× | 4.91× | ||
| Q3 25 | 0.84× | 1.18× | ||
| Q2 25 | 1.42× | 0.62× | ||
| Q1 25 | 1.34× | 0.59× | ||
| Q4 24 | 0.98× | 3.41× | ||
| Q3 24 | 1.03× | 1.92× | ||
| Q2 24 | 1.67× | 0.81× |
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
CTAS
| Uniform Rental And Facility Services Segment | $2.2B | 77% |
| First Aid And Safety Services Segment | $342.2M | 12% |
| Fire Protection Services | $222.5M | 8% |
| Uniform Direct Sales | $79.8M | 3% |
WAB
暂无分部数据
