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Custom Truck One Source, Inc.（CTOS）与CASELLA WASTE SYSTEMS INC（CWST）财务数据对比。点击上方公司名可切换其他公司
CASELLA WASTE SYSTEMS INC的季度营收约是Custom Truck One Source, Inc.的1.3倍（$557.2M vs $422.2M），CASELLA WASTE SYSTEMS INC净利率更高（-1.0% vs -4.2%，领先3.2%），CASELLA WASTE SYSTEMS INC同比增速更快（9.6% vs -8.5%），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（21.5% vs 14.8%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
CTOS vs CWST — 直观对比
营收规模更大
CWST
是对方的1.3倍
$422.2M
营收增速更快
CWST
高出18.2%
-8.5%
净利率更高
CWST
高出3.2%
-4.2%
两年增速更快
CWST
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $557.2M |
| 净利润 | $-17.8M | $-5.5M |
| 毛利率 | 20.3% | — |
| 营业利润率 | 2.9% | 0.9% |
| 净利率 | -4.2% | -1.0% |
| 营收同比 | -8.5% | 9.6% |
| 净利润同比 | -333.7% | -15.2% |
| 每股收益（稀释后） | $-0.08 | $-0.09 |
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CTOSCWST
| Q1 26 | $422.2M | $557.2M | ||
| Q4 25 | $387.3M | $469.1M | ||
| Q3 25 | $359.9M | $485.4M | ||
| Q2 25 | $392.2M | $465.3M | ||
| Q1 25 | $307.1M | $417.1M | ||
| Q4 24 | $398.3M | $427.5M | ||
| Q3 24 | $337.5M | $411.6M | ||
| Q2 24 | $320.6M | $377.2M |
净利润CTOSCWST
| Q1 26 | $-17.8M | $-5.5M | ||
| Q4 25 | $20.9M | $-2.5M | ||
| Q3 25 | $-5.8M | $10.0M | ||
| Q2 25 | $-28.4M | $5.2M | ||
| Q1 25 | $-17.8M | $-4.8M | ||
| Q4 24 | $27.6M | $4.9M | ||
| Q3 24 | $-17.4M | $5.8M | ||
| Q2 24 | $-24.5M | $7.0M |
毛利率CTOSCWST
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 33.3% | ||
| Q3 25 | 28.0% | 35.0% | ||
| Q2 25 | 26.1% | 33.8% | ||
| Q1 25 | 27.9% | 32.8% | ||
| Q4 24 | 29.7% | 33.2% | ||
| Q3 24 | 27.2% | 35.1% | ||
| Q2 24 | 27.8% | 35.4% |
营业利润率CTOSCWST
| Q1 26 | 2.9% | 0.9% | ||
| Q4 25 | 13.4% | 2.5% | ||
| Q3 25 | 9.1% | 6.1% | ||
| Q2 25 | 7.1% | 4.1% | ||
| Q1 25 | 4.0% | 0.8% | ||
| Q4 24 | 16.9% | 4.3% | ||
| Q3 24 | 6.8% | 5.9% | ||
| Q2 24 | 5.5% | 6.1% |
净利率CTOSCWST
| Q1 26 | -4.2% | -1.0% | ||
| Q4 25 | 5.4% | -0.5% | ||
| Q3 25 | -1.6% | 2.1% | ||
| Q2 25 | -7.2% | 1.1% | ||
| Q1 25 | -5.8% | -1.2% | ||
| Q4 24 | 6.9% | 1.1% | ||
| Q3 24 | -5.2% | 1.4% | ||
| Q2 24 | -7.6% | 1.9% |
每股收益（稀释后）CTOSCWST
| Q1 26 | $-0.08 | $-0.09 | ||
| Q4 25 | $0.10 | $-0.04 | ||
| Q3 25 | $-0.03 | $0.16 | ||
| Q2 25 | $-0.13 | $0.08 | ||
| Q1 25 | $-0.08 | $-0.08 | ||
| Q4 24 | $0.11 | $0.08 | ||
| Q3 24 | $-0.07 | $0.10 | ||
| Q2 24 | $-0.10 | $0.12 |
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 | $6.3M | $126.9M |
| 总债务越低越好 | $25.9M | — |
| 股东权益账面价值 | $809.1M | $1.6B |
| 总资产 | $3.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资CTOSCWST
| Q1 26 | $6.3M | $126.9M | ||
| Q4 25 | $6.3M | $123.8M | ||
| Q3 25 | $13.1M | $192.7M | ||
| Q2 25 | $5.3M | $217.8M | ||
| Q1 25 | $5.4M | $267.7M | ||
| Q4 24 | $3.8M | $358.3M | ||
| Q3 24 | $8.4M | $519.0M | ||
| Q2 24 | $8.1M | $208.5M |
总债务CTOSCWST
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.6B | $1.1B | ||
| Q2 25 | $1.6B | $1.1B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.5B | $1.1B | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.5B | $976.6M |
股东权益CTOSCWST
| Q1 26 | $809.1M | $1.6B | ||
| Q4 25 | $809.1M | $1.6B | ||
| Q3 25 | $784.7M | $1.6B | ||
| Q2 25 | $790.1M | $1.6B | ||
| Q1 25 | $813.4M | $1.5B | ||
| Q4 24 | $861.3M | $1.6B | ||
| Q3 24 | $837.5M | $1.5B | ||
| Q2 24 | $856.7M | $1.0B |
总资产CTOSCWST
| Q1 26 | $3.4B | $3.3B | ||
| Q4 25 | $3.4B | $3.3B | ||
| Q3 25 | $3.5B | $3.3B | ||
| Q2 25 | $3.6B | $3.3B | ||
| Q1 25 | $3.5B | $3.2B | ||
| Q4 24 | $3.5B | $3.2B | ||
| Q3 24 | $3.6B | $3.1B | ||
| Q2 24 | $3.5B | $2.5B |
负债/权益比CTOSCWST
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | 0.72× | ||
| Q3 25 | 2.10× | 0.72× | ||
| Q2 25 | 2.04× | 0.72× | ||
| Q1 25 | 1.97× | 0.72× | ||
| Q4 24 | 1.77× | 0.70× | ||
| Q3 24 | 1.87× | 0.68× | ||
| Q2 24 | 1.79× | 0.94× |
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 | — | $62.3M |
| 自由现金流经营现金流 - 资本支出 | — | $30.7M |
| 自由现金流率自由现金流/营收 | — | 5.5% |
| 资本支出强度资本支出/营收 | — | 9.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $120.7M |
8季度趋势，按日历期对齐
经营现金流CTOSCWST
| Q1 26 | — | $62.3M | ||
| Q4 25 | $47.3M | $96.6M | ||
| Q3 25 | $81.5M | $93.6M | ||
| Q2 25 | $125.7M | $89.5M | ||
| Q1 25 | $55.6M | $50.1M | ||
| Q4 24 | $82.1M | $109.8M | ||
| Q3 24 | $16.5M | $91.8M | ||
| Q2 24 | $37.8M | $72.1M |
自由现金流CTOSCWST
| Q1 26 | — | $30.7M | ||
| Q4 25 | — | $39.3M | ||
| Q3 25 | — | $27.6M | ||
| Q2 25 | — | $23.1M | ||
| Q1 25 | — | $-5.4M | ||
| Q4 24 | — | $32.9M | ||
| Q3 24 | — | $40.4M | ||
| Q2 24 | — | $27.5M |
自由现金流率CTOSCWST
| Q1 26 | — | 5.5% | ||
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | 7.7% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | 7.3% |
资本支出强度CTOSCWST
| Q1 26 | — | 9.0% | ||
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 13.6% | ||
| Q2 25 | — | 14.3% | ||
| Q1 25 | — | 13.3% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | — | 12.5% | ||
| Q2 24 | — | 11.8% |
现金转化率CTOSCWST
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | — | ||
| Q3 25 | — | 9.37× | ||
| Q2 25 | — | 17.19× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | 22.51× | ||
| Q3 24 | — | 15.91× | ||
| Q2 24 | — | 10.29× |
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
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
CWST
| Collection | $334.8M | 60% |
| Transfer station | $65.9M | 12% |
| Processing (ii) | $49.0M | 9% |
| Landfill | $48.0M | 9% |
| National Accounts (ii) | $45.6M | 8% |
| Transportation | $8.2M | 1% |
| Landfill gas-to-energy | $2.9M | 1% |
