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CAVCO INDUSTRIES, INC.（CVCO）与PELOTON INTERACTIVE, INC.（PTON）财务数据对比。点击上方公司名可切换其他公司
PELOTON INTERACTIVE, INC.的季度营收约是CAVCO INDUSTRIES, INC.的1.1倍（$656.5M vs $581.0M），CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -5.9%，领先13.5%），CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs -2.6%），PELOTON INTERACTIVE, INC.自由现金流更多（$71.0M vs $57.6M）
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。
派乐腾（Peloton Interactive）是总部位于美国纽约的健身设备与媒体服务商，主打搭载联网触控屏的动感单车、跑步机、室内划船器等产品，用户付费订阅即可观看直播和录播健身课程，设备内置传感器可追踪运动功率等数据，为用户提供实时运动表现反馈，还支持排行榜功能与其他用户互动比拼。
CVCO vs PTON — 直观对比
营收规模更大
PTON
是对方的1.1倍
$581.0M
营收增速更快
CVCO
高出13.9%
-2.6%
净利率更高
CVCO
高出13.5%
-5.9%
自由现金流更多
PTON
多$13.4M
$57.6M
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $656.5M |
| 净利润 | $44.1M | $-38.8M |
| 毛利率 | 23.4% | 50.5% |
| 营业利润率 | 9.4% | -2.2% |
| 净利率 | 7.6% | -5.9% |
| 营收同比 | 11.3% | -2.6% |
| 净利润同比 | -22.0% | 57.8% |
| 每股收益（稀释后） | $5.58 | $-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CVCOPTON
| Q4 25 | $581.0M | $656.5M | ||
| Q3 25 | $556.5M | $550.8M | ||
| Q2 25 | $556.9M | — | ||
| Q1 25 | $508.4M | — | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $507.5M | — | ||
| Q2 24 | $477.6M | — | ||
| Q1 24 | $420.1M | — |
净利润CVCOPTON
| Q4 25 | $44.1M | $-38.8M | ||
| Q3 25 | $52.4M | $13.9M | ||
| Q2 25 | $51.6M | — | ||
| Q1 25 | $36.3M | — | ||
| Q4 24 | $56.5M | — | ||
| Q3 24 | $43.8M | — | ||
| Q2 24 | $34.4M | — | ||
| Q1 24 | $33.9M | — |
毛利率CVCOPTON
| Q4 25 | 23.4% | 50.5% | ||
| Q3 25 | 24.2% | 51.5% | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 21.7% | — | ||
| Q1 24 | 23.6% | — |
营业利润率CVCOPTON
| Q4 25 | 9.4% | -2.2% | ||
| Q3 25 | 11.2% | 7.5% | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 9.7% | — | ||
| Q2 24 | 8.1% | — | ||
| Q1 24 | 8.9% | — |
净利率CVCOPTON
| Q4 25 | 7.6% | -5.9% | ||
| Q3 25 | 9.4% | 2.5% | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 7.1% | — | ||
| Q4 24 | 10.8% | — | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | 7.2% | — | ||
| Q1 24 | 8.1% | — |
每股收益（稀释后）CVCOPTON
| Q4 25 | $5.58 | $-0.09 | ||
| Q3 25 | $6.55 | $0.03 | ||
| Q2 25 | $6.42 | — | ||
| Q1 25 | $4.42 | — | ||
| Q4 24 | $6.90 | — | ||
| Q3 24 | $5.28 | — | ||
| Q2 24 | $4.11 | — | ||
| Q1 24 | $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 | $241.9M | $1.2B |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $1.1B | $-326.7M |
| 总资产 | $1.5B | $2.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CVCOPTON
| Q4 25 | $241.9M | $1.2B | ||
| Q3 25 | $391.8M | $1.1B | ||
| Q2 25 | $362.4M | — | ||
| Q1 25 | $376.1M | — | ||
| Q4 24 | $378.9M | — | ||
| Q3 24 | $388.7M | — | ||
| Q2 24 | $380.0M | — | ||
| Q1 24 | $371.0M | — |
总债务CVCOPTON
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CVCOPTON
| Q4 25 | $1.1B | $-326.7M | ||
| Q3 25 | $1.1B | $-347.0M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
总资产CVCOPTON
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.4B | — |
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 | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $71.0M |
| 自由现金流率自由现金流/营收 | 9.9% | 10.8% |
| 资本支出强度资本支出/营收 | 1.5% | 0.1% |
| 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 | $205.3M | — |
8季度趋势，按日历期对齐
经营现金流CVCOPTON
| Q4 25 | $66.1M | $71.9M | ||
| Q3 25 | $78.5M | $71.9M | ||
| Q2 25 | $55.5M | — | ||
| Q1 25 | $38.6M | — | ||
| Q4 24 | $37.8M | — | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $47.4M | — | ||
| Q1 24 | — | — |
自由现金流CVCOPTON
| Q4 25 | $57.6M | $71.0M | ||
| Q3 25 | $68.7M | $67.4M | ||
| Q2 25 | $46.4M | — | ||
| Q1 25 | $32.5M | — | ||
| Q4 24 | $32.3M | — | ||
| Q3 24 | $49.8M | — | ||
| Q2 24 | $42.4M | — | ||
| Q1 24 | — | — |
自由现金流率CVCOPTON
| Q4 25 | 9.9% | 10.8% | ||
| Q3 25 | 12.4% | 12.2% | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 8.9% | — | ||
| Q1 24 | — | — |
资本支出强度CVCOPTON
| Q4 25 | 1.5% | 0.1% | ||
| Q3 25 | 1.7% | 0.8% | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 1.0% | — | ||
| Q1 24 | — | — |
现金转化率CVCOPTON
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.50× | 5.17× | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.38× | — | ||
| Q1 24 | — | — |
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% |
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
