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Camping World Holdings, Inc.（CWH）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
Camping World Holdings, Inc.的季度营收约是STIFEL FINANCIAL CORP的1.0倍（$1.2B vs $1.1B），STIFEL FINANCIAL CORP净利率更高（23.5% vs -9.3%，领先32.8%），STIFEL FINANCIAL CORP同比增速更快（23.0% vs -2.6%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（21.1% vs -7.2%）
露营世界控股公司是美国知名露营房车行业企业，总部位于伊利诺伊州林肯郡，主营休闲房车销售、房车配件供应及售后维保服务，同时也售卖各类露营装备。目前公司在全美共设有202家线下门店，除线下门店经营外，还通过电话等渠道开展零售业务，2016年10月完成首次公开募股上市，募资2.51亿美元。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
CWH vs SF — 直观对比
营收规模更大
CWH
是对方的1.0倍
$1.1B
营收增速更快
SF
高出25.6%
-2.6%
净利率更高
SF
高出32.8%
-9.3%
两年增速更快
SF
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.1B |
| 净利润 | $-109.1M | $264.4M |
| 毛利率 | 28.8% | — |
| 营业利润率 | -4.3% | 27.3% |
| 净利率 | -9.3% | 23.5% |
| 营收同比 | -2.6% | 23.0% |
| 净利润同比 | -83.3% | 8.3% |
| 每股收益（稀释后） | — | $2.30 |
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CWHSF
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.8B | $962.6M | ||
| Q2 25 | $2.0B | $838.9M | ||
| Q1 25 | $1.4B | $842.5M | ||
| Q4 24 | $1.2B | $916.0M | ||
| Q3 24 | $1.7B | $810.9M | ||
| Q2 24 | $1.8B | $798.9M | ||
| Q1 24 | $1.4B | $768.1M |
净利润CWHSF
| Q4 25 | $-109.1M | $264.4M | ||
| Q3 25 | $-40.4M | $211.4M | ||
| Q2 25 | $30.2M | $155.1M | ||
| Q1 25 | $-12.3M | $53.0M | ||
| Q4 24 | $-59.5M | $244.0M | ||
| Q3 24 | $5.5M | $158.5M | ||
| Q2 24 | $9.8M | $165.3M | ||
| Q1 24 | $-22.3M | $163.6M |
毛利率CWHSF
| Q4 25 | 28.8% | — | ||
| Q3 25 | 28.6% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | 30.4% | — | ||
| Q4 24 | 31.3% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 29.5% | — |
营业利润率CWHSF
| Q4 25 | -4.3% | 27.3% | ||
| Q3 25 | 4.4% | 29.7% | ||
| Q2 25 | 6.6% | 25.5% | ||
| Q1 25 | 1.5% | 7.5% | ||
| Q4 24 | -1.3% | 29.1% | ||
| Q3 24 | 3.7% | 26.7% | ||
| Q2 24 | 5.3% | 28.4% | ||
| Q1 24 | 0.3% | 28.5% |
净利率CWHSF
| Q4 25 | -9.3% | 23.5% | ||
| Q3 25 | -2.2% | 22.0% | ||
| Q2 25 | 1.5% | 18.5% | ||
| Q1 25 | -0.9% | 6.3% | ||
| Q4 24 | -4.9% | 26.6% | ||
| Q3 24 | 0.3% | 19.5% | ||
| Q2 24 | 0.5% | 20.7% | ||
| Q1 24 | -1.6% | 21.3% |
每股收益（稀释后）CWHSF
| Q4 25 | — | $2.30 | ||
| Q3 25 | — | $1.84 | ||
| Q2 25 | — | $1.34 | ||
| Q1 25 | — | $0.39 | ||
| Q4 24 | — | $2.10 | ||
| Q3 24 | — | $1.34 | ||
| Q2 24 | — | $1.41 | ||
| Q1 24 | — | $1.40 |
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 | $215.0M | $2.3B |
| 总债务越低越好 | $1.5B | $617.4M |
| 股东权益账面价值 | $228.6M | $6.0B |
| 总资产 | $5.0B | $41.3B |
| 负债/权益比越低杠杆越低 | 6.44× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资CWHSF
| Q4 25 | $215.0M | $2.3B | ||
| Q3 25 | $230.5M | $3.2B | ||
| Q2 25 | $118.1M | $1.9B | ||
| Q1 25 | $20.9M | $2.7B | ||
| Q4 24 | $208.4M | $2.6B | ||
| Q3 24 | $28.4M | $1.9B | ||
| Q2 24 | $23.7M | $2.6B | ||
| Q1 24 | $29.7M | $3.4B |
总债务CWHSF
| Q4 25 | $1.5B | $617.4M | ||
| Q3 25 | $1.5B | $617.2M | ||
| Q2 25 | $1.5B | $617.0M | ||
| Q1 25 | $1.5B | $616.8M | ||
| Q4 24 | $1.5B | $616.6M | ||
| Q3 24 | $1.5B | $616.4M | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.6B | $1.1B |
股东权益CWHSF
| Q4 25 | $228.6M | $6.0B | ||
| Q3 25 | $296.2M | $5.8B | ||
| Q2 25 | $340.5M | $5.6B | ||
| Q1 25 | $310.5M | $5.5B | ||
| Q4 24 | $326.6M | $5.7B | ||
| Q3 24 | $151.6M | $5.6B | ||
| Q2 24 | $149.7M | $5.4B | ||
| Q1 24 | $142.8M | $5.3B |
总资产CWHSF
| Q4 25 | $5.0B | $41.3B | ||
| Q3 25 | $5.0B | $41.7B | ||
| Q2 25 | $5.2B | $39.9B | ||
| Q1 25 | $5.1B | $40.4B | ||
| Q4 24 | $4.9B | $39.9B | ||
| Q3 24 | $4.7B | $38.9B | ||
| Q2 24 | $5.0B | $37.8B | ||
| Q1 24 | $5.1B | $38.3B |
负债/权益比CWHSF
| Q4 25 | 6.44× | 0.10× | ||
| Q3 25 | 5.00× | 0.11× | ||
| Q2 25 | 4.42× | 0.11× | ||
| Q1 25 | 4.87× | 0.11× | ||
| Q4 24 | 4.64× | 0.11× | ||
| Q3 24 | 10.09× | 0.11× | ||
| Q2 24 | 10.28× | 0.21× | ||
| Q1 24 | 11.00× | 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 | $-227.2M | $382.4M |
| 自由现金流经营现金流 - 资本支出 | — | $369.0M |
| 自由现金流率自由现金流/营收 | — | 32.7% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流CWHSF
| Q4 25 | $-227.2M | $382.4M | ||
| Q3 25 | $139.8M | $338.3M | ||
| Q2 25 | $187.9M | $607.5M | ||
| Q1 25 | $-232.5M | $-211.2M | ||
| Q4 24 | $-163.4M | $694.6M | ||
| Q3 24 | $324.2M | $198.3M | ||
| Q2 24 | $152.3M | $207.2M | ||
| Q1 24 | $-68.0M | $-609.7M |
自由现金流CWHSF
| Q4 25 | — | $369.0M | ||
| Q3 25 | — | $321.1M | ||
| Q2 25 | — | $592.7M | ||
| Q1 25 | — | $-227.8M | ||
| Q4 24 | — | $677.2M | ||
| Q3 24 | — | $185.6M | ||
| Q2 24 | — | $173.3M | ||
| Q1 24 | — | $-619.4M |
自由现金流率CWHSF
| Q4 25 | — | 32.7% | ||
| Q3 25 | — | 33.4% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | -27.0% | ||
| Q4 24 | — | 73.9% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | -80.6% |
资本支出强度CWHSF
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 4.2% | ||
| Q1 24 | — | 1.3% |
现金转化率CWHSF
| Q4 25 | — | 1.45× | ||
| Q3 25 | — | 1.60× | ||
| Q2 25 | 6.22× | 3.92× | ||
| Q1 25 | — | -3.99× | ||
| Q4 24 | — | 2.85× | ||
| Q3 24 | 58.93× | 1.25× | ||
| Q2 24 | 15.59× | 1.25× | ||
| Q1 24 | — | -3.73× |
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
CWH
| New Vehicles | $457.8M | 39% |
| Used Vehicles | $386.5M | 33% |
| Products Service And Other | $160.5M | 14% |
| Finance And Insurance Net | $111.4M | 9% |
| Good Sam Services And Plans | $48.0M | 4% |
| Good Sam Club | $10.5M | 1% |
SF
暂无分部数据
