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CAVCO INDUSTRIES, INC.（CVCO）与MSC INDUSTRIAL DIRECT CO INC（MSM）财务数据对比。点击上方公司名可切换其他公司
MSC INDUSTRIAL DIRECT CO INC的季度营收约是CAVCO INDUSTRIES, INC.的1.7倍（$965.7M vs $581.0M），CAVCO INDUSTRIES, INC.净利率更高（7.6% vs 5.4%，领先2.2%），CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs 4.0%），CAVCO INDUSTRIES, INC.自由现金流更多（$57.6M vs $7.4M），过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs -3.4%）
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。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
CVCO vs MSM — 直观对比
营收规模更大
MSM
是对方的1.7倍
$581.0M
营收增速更快
CVCO
高出7.3%
4.0%
净利率更高
CVCO
高出2.2%
5.4%
自由现金流更多
CVCO
多$50.2M
$7.4M
两年增速更快
CVCO
近两年复合增速
-3.4%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $965.7M |
| 净利润 | $44.1M | $51.8M |
| 毛利率 | 23.4% | 40.7% |
| 营业利润率 | 9.4% | 7.9% |
| 净利率 | 7.6% | 5.4% |
| 营收同比 | 11.3% | 4.0% |
| 净利润同比 | -22.0% | 11.1% |
| 每股收益（稀释后） | $5.58 | $0.93 |
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CVCOMSM
| Q4 25 | $581.0M | $965.7M | ||
| Q3 25 | $556.5M | $978.2M | ||
| Q2 25 | $556.9M | $971.1M | ||
| Q1 25 | $508.4M | — | ||
| Q4 24 | $522.0M | $928.5M | ||
| Q3 24 | $507.5M | — | ||
| Q2 24 | $477.6M | $979.4M | ||
| Q1 24 | $420.1M | $935.3M |
净利润CVCOMSM
| Q4 25 | $44.1M | $51.8M | ||
| Q3 25 | $52.4M | $56.5M | ||
| Q2 25 | $51.6M | $56.8M | ||
| Q1 25 | $36.3M | — | ||
| Q4 24 | $56.5M | $46.6M | ||
| Q3 24 | $43.8M | — | ||
| Q2 24 | $34.4M | $71.7M | ||
| Q1 24 | $33.9M | $61.8M |
毛利率CVCOMSM
| Q4 25 | 23.4% | 40.7% | ||
| Q3 25 | 24.2% | 40.4% | ||
| Q2 25 | 23.3% | 41.0% | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 24.9% | 40.7% | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 21.7% | 40.9% | ||
| Q1 24 | 23.6% | 41.5% |
营业利润率CVCOMSM
| Q4 25 | 9.4% | 7.9% | ||
| Q3 25 | 11.2% | 8.6% | ||
| Q2 25 | 10.8% | 8.5% | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 12.3% | 7.8% | ||
| Q3 24 | 9.7% | — | ||
| Q2 24 | 8.1% | 10.9% | ||
| Q1 24 | 8.9% | 9.7% |
净利率CVCOMSM
| Q4 25 | 7.6% | 5.4% | ||
| Q3 25 | 9.4% | 5.8% | ||
| Q2 25 | 9.3% | 5.9% | ||
| Q1 25 | 7.1% | — | ||
| Q4 24 | 10.8% | 5.0% | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | 7.2% | 7.3% | ||
| Q1 24 | 8.1% | 6.6% |
每股收益（稀释后）CVCOMSM
| Q4 25 | $5.58 | $0.93 | ||
| Q3 25 | $6.55 | $1.02 | ||
| Q2 25 | $6.42 | $1.02 | ||
| Q1 25 | $4.42 | — | ||
| Q4 24 | $6.90 | $0.83 | ||
| Q3 24 | $5.28 | — | ||
| Q2 24 | $4.11 | $1.27 | ||
| Q1 24 | $4.05 | $1.10 |
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 | $241.9M | $40.3M |
| 总债务越低越好 | — | $214.1M |
| 股东权益账面价值 | $1.1B | $1.4B |
| 总资产 | $1.5B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资CVCOMSM
| Q4 25 | $241.9M | $40.3M | ||
| Q3 25 | $391.8M | $56.2M | ||
| Q2 25 | $362.4M | $71.7M | ||
| Q1 25 | $376.1M | — | ||
| Q4 24 | $378.9M | $57.3M | ||
| Q3 24 | $388.7M | — | ||
| Q2 24 | $380.0M | $25.9M | ||
| Q1 24 | $371.0M | $22.2M |
总债务CVCOMSM
| Q4 25 | — | $214.1M | ||
| Q3 25 | — | $168.8M | ||
| Q2 25 | — | $285.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $289.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $299.8M | ||
| Q1 24 | — | $294.5M |
股东权益CVCOMSM
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $1.0B | $1.4B |
总资产CVCOMSM
| Q4 25 | $1.5B | $2.5B | ||
| Q3 25 | $1.4B | $2.5B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | $2.5B | ||
| Q1 24 | $1.4B | $2.5B |
负债/权益比CVCOMSM
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $66.1M | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $7.4M |
| 自由现金流率自由现金流/营收 | 9.9% | 0.8% |
| 资本支出强度资本支出/营收 | 1.5% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.50× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $205.3M | — |
8季度趋势，按日历期对齐
经营现金流CVCOMSM
| Q4 25 | $66.1M | $29.4M | ||
| Q3 25 | $78.5M | — | ||
| Q2 25 | $55.5M | $151.6M | ||
| Q1 25 | $38.6M | — | ||
| Q4 24 | $37.8M | $101.9M | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $47.4M | $143.5M | ||
| Q1 24 | — | $78.7M |
自由现金流CVCOMSM
| Q4 25 | $57.6M | $7.4M | ||
| Q3 25 | $68.7M | — | ||
| Q2 25 | $46.4M | $100.7M | ||
| Q1 25 | $32.5M | — | ||
| Q4 24 | $32.3M | $81.7M | ||
| Q3 24 | $49.8M | — | ||
| Q2 24 | $42.4M | $114.0M | ||
| Q1 24 | — | $53.4M |
自由现金流率CVCOMSM
| Q4 25 | 9.9% | 0.8% | ||
| Q3 25 | 12.4% | — | ||
| Q2 25 | 8.3% | 10.4% | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 6.2% | 8.8% | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 8.9% | 11.6% | ||
| Q1 24 | — | 5.7% |
资本支出强度CVCOMSM
| Q4 25 | 1.5% | 2.3% | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.6% | 5.2% | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 1.0% | 2.2% | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.0% | 3.0% | ||
| Q1 24 | — | 2.7% |
现金转化率CVCOMSM
| Q4 25 | 1.50× | 0.57× | ||
| Q3 25 | 1.50× | — | ||
| Q2 25 | 1.08× | 2.67× | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 0.67× | 2.18× | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.38× | 2.00× | ||
| Q1 24 | — | 1.27× |
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
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
MSM
暂无分部数据
