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柯蒂斯-莱特（CW）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
柯蒂斯-莱特的季度营收约是Rithm Capital Corp.的1.1倍（$947.0M vs $828.2M），柯蒂斯-莱特净利率更高（14.5% vs 13.2%，领先1.2%），柯蒂斯-莱特同比增速更快（14.9% vs -40.0%），过去两年柯蒂斯-莱特的营收复合增速更高（15.2% vs -17.9%）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
CW vs RITM — 直观对比
营收规模更大
CW
是对方的1.1倍
$828.2M
营收增速更快
CW
高出54.9%
-40.0%
净利率更高
CW
高出1.2%
13.2%
两年增速更快
CW
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $828.2M |
| 净利润 | $137.0M | $109.5M |
| 毛利率 | 37.5% | — |
| 营业利润率 | 19.2% | — |
| 净利率 | 14.5% | 13.2% |
| 营收同比 | 14.9% | -40.0% |
| 净利润同比 | 16.2% | 20.9% |
| 每股收益（稀释后） | $3.69 | $0.12 |
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CWRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $947.0M | $1.5B | ||
| Q3 25 | $869.2M | $1.1B | ||
| Q2 25 | $876.6M | $1.2B | ||
| Q1 25 | $805.6M | $768.4M | ||
| Q4 24 | $824.3M | $2.1B | ||
| Q3 24 | $798.9M | $619.5M | ||
| Q2 24 | $784.8M | $1.2B |
净利润CWRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $137.0M | $85.0M | ||
| Q3 25 | $124.8M | $221.5M | ||
| Q2 25 | $121.1M | $311.7M | ||
| Q1 25 | $101.3M | $78.8M | ||
| Q4 24 | $117.9M | $290.2M | ||
| Q3 24 | $111.2M | $121.7M | ||
| Q2 24 | $99.5M | $235.6M |
毛利率CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 37.5% | — | ||
| Q3 25 | 37.7% | — | ||
| Q2 25 | 37.2% | — | ||
| Q1 25 | 36.3% | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 37.3% | — | ||
| Q2 24 | 36.2% | — |
营业利润率CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 19.2% | 13.8% | ||
| Q3 25 | 19.1% | 21.4% | ||
| Q2 25 | 17.8% | 25.2% | ||
| Q1 25 | 16.0% | 7.4% | ||
| Q4 24 | 18.8% | 23.8% | ||
| Q3 24 | 18.1% | 7.3% | ||
| Q2 24 | 16.4% | 23.6% |
净利率CWRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 14.5% | 5.7% | ||
| Q3 25 | 14.4% | 20.0% | ||
| Q2 25 | 13.8% | 25.6% | ||
| Q1 25 | 12.6% | 10.3% | ||
| Q4 24 | 14.3% | 14.0% | ||
| Q3 24 | 13.9% | 19.7% | ||
| Q2 24 | 12.7% | 19.2% |
每股收益（稀释后）CWRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $3.69 | $0.09 | ||
| Q3 25 | $3.31 | $0.35 | ||
| Q2 25 | $3.19 | $0.53 | ||
| Q1 25 | $2.68 | $0.07 | ||
| Q4 24 | $3.09 | $0.50 | ||
| Q3 24 | $2.89 | $0.20 | ||
| Q2 24 | $2.58 | $0.43 |
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 | — | — |
| 总债务越低越好 | $957.9M | — |
| 股东权益账面价值 | $2.5B | $9.1B |
| 总资产 | $5.2B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.38× | — |
8季度趋势，按日历期对齐
现金及短期投资CWRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | $226.5M | $1.5B | ||
| Q4 24 | $385.0M | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.2B |
总债务CWRITM
| Q1 26 | — | — | ||
| Q4 25 | $957.9M | $35.4B | ||
| Q3 25 | $968.6M | $32.2B | ||
| Q2 25 | $958.4M | $31.2B | ||
| Q1 25 | $958.6M | $32.2B | ||
| Q4 24 | $1.0B | $32.6B | ||
| Q3 24 | $1.0B | $29.6B | ||
| Q2 24 | $1.0B | $30.1B |
股东权益CWRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $2.5B | $8.4B | ||
| Q3 25 | $2.5B | $8.5B | ||
| Q2 25 | $2.7B | $7.9B | ||
| Q1 25 | $2.6B | $7.8B | ||
| Q4 24 | $2.4B | $7.8B | ||
| Q3 24 | $2.5B | $7.7B | ||
| Q2 24 | $2.5B | $7.3B |
总资产CWRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $5.2B | $53.1B | ||
| Q3 25 | $5.1B | $47.2B | ||
| Q2 25 | $5.2B | $44.3B | ||
| Q1 25 | $5.0B | $45.3B | ||
| Q4 24 | $5.0B | $46.0B | ||
| Q3 24 | $4.9B | $42.3B | ||
| Q2 24 | $4.7B | $42.0B |
负债/权益比CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.38× | 4.20× | ||
| Q3 25 | 0.38× | 3.79× | ||
| Q2 25 | 0.35× | 3.92× | ||
| Q1 25 | 0.37× | 4.14× | ||
| Q4 24 | 0.43× | 4.18× | ||
| Q3 24 | 0.42× | 3.87× | ||
| Q2 24 | 0.43× | 4.10× |
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 | $352.7M | — |
| 自由现金流经营现金流 - 资本支出 | $315.1M | — |
| 自由现金流率自由现金流/营收 | 33.3% | — |
| 资本支出强度资本支出/营收 | 4.0% | — |
| 现金转化率经营现金流/净利润 | 2.57× | — |
| 过去12个月自由现金流最近4个季度 | $553.7M | — |
8季度趋势，按日历期对齐
经营现金流CWRITM
| Q1 26 | — | — | ||
| Q4 25 | $352.7M | $-114.6M | ||
| Q3 25 | $192.8M | $-2.0B | ||
| Q2 25 | $136.6M | $-557.1M | ||
| Q1 25 | $-38.8M | $1.4B | ||
| Q4 24 | $301.3M | $-1.8B | ||
| Q3 24 | $177.3M | $768.1M | ||
| Q2 24 | $111.3M | $-55.7M |
自由现金流CWRITM
| Q1 26 | — | — | ||
| Q4 25 | $315.1M | — | ||
| Q3 25 | $175.9M | — | ||
| Q2 25 | $117.2M | — | ||
| Q1 25 | $-54.5M | — | ||
| Q4 24 | $278.0M | — | ||
| Q3 24 | $162.7M | — | ||
| Q2 24 | $100.3M | — |
自由现金流率CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 20.2% | — | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | -6.8% | — | ||
| Q4 24 | 33.7% | — | ||
| Q3 24 | 20.4% | — | ||
| Q2 24 | 12.8% | — |
资本支出强度CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 1.4% | — |
现金转化率CWRITM
| Q1 26 | — | — | ||
| Q4 25 | 2.57× | -1.35× | ||
| Q3 25 | 1.54× | -9.22× | ||
| Q2 25 | 1.13× | -1.79× | ||
| Q1 25 | -0.38× | 18.03× | ||
| Q4 24 | 2.56× | -6.04× | ||
| Q3 24 | 1.59× | 6.31× | ||
| Q2 24 | 1.12× | -0.24× |
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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
