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科迪华（CTVA）与CAVCO INDUSTRIES, INC.（CVCO）财务数据对比。点击上方公司名可切换其他公司
科迪华的季度营收约是CAVCO INDUSTRIES, INC.的6.7倍（$3.9B vs $581.0M）。CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -14.1%，领先21.7%）。CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs -1.7%）。科迪华自由现金流更多（$4.2B vs $57.6M）。过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs -6.7%）
科迪华是一家美国农业科技企业，主营种子与作物保护产品，涵盖除草剂、杀虫剂、杀菌剂及生物制剂，业务覆盖全球110个国家，总部位于印第安纳州印第安纳波利斯，旗下大部分种子产品以先锋良种国际品牌销售。
Cavco工业是总部位于美国亚利桑那州凤凰城的制造企业，主营模块化住宅、休闲房车、度假木屋及预制房屋产品，在美国各地布局有完善的制造工厂与零售门店网络，可满足多元居住及休闲场景的使用需求。
CTVA vs CVCO — 直观对比
营收规模更大
CTVA
是对方的6.7倍
$581.0M
营收增速更快
CVCO
高出13.0%
-1.7%
净利率更高
CVCO
高出21.7%
-14.1%
自由现金流更多
CTVA
多$4.1B
$57.6M
两年增速更快
CVCO
近两年复合增速
-6.7%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $581.0M |
| 净利润 | $-552.0M | $44.1M |
| 毛利率 | 42.4% | 23.4% |
| 营业利润率 | -13.6% | 9.4% |
| 净利率 | -14.1% | 7.6% |
| 营收同比 | -1.7% | 11.3% |
| 净利润同比 | -1246.3% | -22.0% |
| 每股收益（稀释后） | $-0.80 | $5.58 |
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CTVACVCO
| Q4 25 | $3.9B | $581.0M | ||
| Q3 25 | $2.6B | $556.5M | ||
| Q2 25 | $6.5B | $556.9M | ||
| Q1 25 | $4.4B | $508.4M | ||
| Q4 24 | $4.0B | $522.0M | ||
| Q3 24 | $2.3B | $507.5M | ||
| Q2 24 | $6.1B | $477.6M | ||
| Q1 24 | $4.5B | $420.1M |
净利润CTVACVCO
| Q4 25 | $-552.0M | $44.1M | ||
| Q3 25 | $-320.0M | $52.4M | ||
| Q2 25 | $1.3B | $51.6M | ||
| Q1 25 | $652.0M | $36.3M | ||
| Q4 24 | $-41.0M | $56.5M | ||
| Q3 24 | $-524.0M | $43.8M | ||
| Q2 24 | $1.1B | $34.4M | ||
| Q1 24 | $419.0M | $33.9M |
毛利率CTVACVCO
| Q4 25 | 42.4% | 23.4% | ||
| Q3 25 | 37.2% | 24.2% | ||
| Q2 25 | 54.6% | 23.3% | ||
| Q1 25 | 47.0% | 22.8% | ||
| Q4 24 | 37.3% | 24.9% | ||
| Q3 24 | 32.7% | 22.9% | ||
| Q2 24 | 52.3% | 21.7% | ||
| Q1 24 | 43.2% | 23.6% |
营业利润率CTVACVCO
| Q4 25 | -13.6% | 9.4% | ||
| Q3 25 | -14.1% | 11.2% | ||
| Q2 25 | 27.9% | 10.8% | ||
| Q1 25 | 17.7% | 7.6% | ||
| Q4 24 | 2.2% | 12.3% | ||
| Q3 24 | -27.2% | 9.7% | ||
| Q2 24 | 21.9% | 8.1% | ||
| Q1 24 | 10.7% | 8.9% |
净利率CTVACVCO
| Q4 25 | -14.1% | 7.6% | ||
| Q3 25 | -12.2% | 9.4% | ||
| Q2 25 | 20.4% | 9.3% | ||
| Q1 25 | 14.8% | 7.1% | ||
| Q4 24 | -1.0% | 10.8% | ||
| Q3 24 | -22.5% | 8.6% | ||
| Q2 24 | 17.2% | 7.2% | ||
| Q1 24 | 9.3% | 8.1% |
每股收益（稀释后）CTVACVCO
| Q4 25 | $-0.80 | $5.58 | ||
| Q3 25 | $-0.47 | $6.55 | ||
| Q2 25 | $1.92 | $6.42 | ||
| Q1 25 | $0.95 | $4.42 | ||
| Q4 24 | $-0.05 | $6.90 | ||
| Q3 24 | $-0.76 | $5.28 | ||
| Q2 24 | $1.51 | $4.11 | ||
| Q1 24 | $0.60 | $4.05 |
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 | $4.5B | $241.9M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $24.1B | $1.1B |
| 总资产 | $42.8B | $1.5B |
| 负债/权益比越低杠杆越低 | 0.07× | — |
8季度趋势，按日历期对齐
现金及短期投资CTVACVCO
| Q4 25 | $4.5B | $241.9M | ||
| Q3 25 | $2.6B | $391.8M | ||
| Q2 25 | $2.1B | $362.4M | ||
| Q1 25 | $2.0B | $376.1M | ||
| Q4 24 | $3.2B | $378.9M | ||
| Q3 24 | $2.5B | $388.7M | ||
| Q2 24 | $2.0B | $380.0M | ||
| Q1 24 | $1.7B | $371.0M |
总债务CTVACVCO
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.5B | — |
股东权益CTVACVCO
| Q4 25 | $24.1B | $1.1B | ||
| Q3 25 | $25.2B | $1.1B | ||
| Q2 25 | $25.9B | $1.1B | ||
| Q1 25 | $24.3B | $1.1B | ||
| Q4 24 | $23.8B | $1.1B | ||
| Q3 24 | $24.7B | $1.0B | ||
| Q2 24 | $25.2B | $1.0B | ||
| Q1 24 | $24.8B | $1.0B |
总资产CTVACVCO
| Q4 25 | $42.8B | $1.5B | ||
| Q3 25 | $42.2B | $1.4B | ||
| Q2 25 | $41.8B | $1.4B | ||
| Q1 25 | $42.1B | $1.4B | ||
| Q4 24 | $40.8B | $1.4B | ||
| Q3 24 | $41.9B | $1.4B | ||
| Q2 24 | $41.5B | $1.4B | ||
| Q1 24 | $43.6B | $1.4B |
负债/权益比CTVACVCO
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | 0.08× | — | ||
| Q2 24 | 0.10× | — | ||
| Q1 24 | 0.10× | — |
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 | $4.4B | $66.1M |
| 自由现金流经营现金流 - 资本支出 | $4.2B | $57.6M |
| 自由现金流率自由现金流/营收 | 106.2% | 9.9% |
| 资本支出强度资本支出/营收 | 5.7% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.50× |
| 过去12个月自由现金流最近4个季度 | $2.8B | $205.3M |
8季度趋势，按日历期对齐
经营现金流CTVACVCO
| Q4 25 | $4.4B | $66.1M | ||
| Q3 25 | $193.0M | $78.5M | ||
| Q2 25 | $947.0M | $55.5M | ||
| Q1 25 | $-2.1B | $38.6M | ||
| Q4 24 | $4.2B | $37.8M | ||
| Q3 24 | $130.0M | $54.7M | ||
| Q2 24 | $451.0M | $47.4M | ||
| Q1 24 | $-2.6B | — |
自由现金流CTVACVCO
| Q4 25 | $4.2B | $57.6M | ||
| Q3 25 | $36.0M | $68.7M | ||
| Q2 25 | $829.0M | $46.4M | ||
| Q1 25 | $-2.2B | $32.5M | ||
| Q4 24 | $4.0B | $32.3M | ||
| Q3 24 | $-24.0M | $49.8M | ||
| Q2 24 | $337.0M | $42.4M | ||
| Q1 24 | $-2.8B | — |
自由现金流率CTVACVCO
| Q4 25 | 106.2% | 9.9% | ||
| Q3 25 | 1.4% | 12.4% | ||
| Q2 25 | 12.8% | 8.3% | ||
| Q1 25 | -49.9% | 6.4% | ||
| Q4 24 | 100.4% | 6.2% | ||
| Q3 24 | -1.0% | 9.8% | ||
| Q2 24 | 5.5% | 8.9% | ||
| Q1 24 | -61.4% | — |
资本支出强度CTVACVCO
| Q4 25 | 5.7% | 1.5% | ||
| Q3 25 | 6.0% | 1.7% | ||
| Q2 25 | 1.8% | 1.6% | ||
| Q1 25 | 2.1% | 1.2% | ||
| Q4 24 | 4.6% | 1.0% | ||
| Q3 24 | 6.6% | 1.0% | ||
| Q2 24 | 1.9% | 1.0% | ||
| Q1 24 | 3.3% | — |
现金转化率CTVACVCO
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | 1.50× | ||
| Q2 25 | 0.72× | 1.08× | ||
| Q1 25 | -3.23× | 1.06× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | 0.43× | 1.38× | ||
| Q1 24 | -6.23× | — |
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
CTVA
| Corn | $1.4B | 35% |
| Herbicides | $1.1B | 27% |
| Insecticides | $488.0M | 12% |
| Fungicides | $272.0M | 7% |
| Biologicals | $191.0M | 5% |
| Soybean | $164.0M | 4% |
| Other | $160.0M | 4% |
| Otheroilseeds | $94.0M | 2% |
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
