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CASELLA WASTE SYSTEMS INC（CWST）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
Rithm Capital Corp.的季度营收约是CASELLA WASTE SYSTEMS INC的1.5倍（$828.2M vs $557.2M），Rithm Capital Corp.净利率更高（13.2% vs -1.0%，领先14.2%），Rithm Capital Corp.同比增速更快（508.5% vs 9.6%），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（21.5% vs -17.9%）
Casella Waste Systems Inc.是总部位于美国佛蒙特州拉特兰的废弃物管理企业，1975年创立时仅靠一辆卡车起步，现为区域型垂直一体化固体废物服务提供商，面向住宅、商业、市政及工业客户提供固废收集处置、中转、回收、有机废弃物处理等专业资源管理服务。
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。
CWST vs RITM — 直观对比
营收规模更大
RITM
是对方的1.5倍
$557.2M
营收增速更快
RITM
高出498.8%
9.6%
净利率更高
RITM
高出14.2%
-1.0%
两年增速更快
CWST
近两年复合增速
-17.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $557.2M | $828.2M |
| 净利润 | $-5.5M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 0.9% | 29.9% |
| 净利率 | -1.0% | 13.2% |
| 营收同比 | 9.6% | 508.5% |
| 净利润同比 | -15.2% | 27.7% |
| 每股收益（稀释后） | $-0.09 | $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CWSTRITM
| Q1 26 | $557.2M | $828.2M | ||
| Q4 25 | $469.1M | $1.5B | ||
| Q3 25 | $485.4M | $1.1B | ||
| Q2 25 | $465.3M | $1.2B | ||
| Q1 25 | $417.1M | $768.4M | ||
| Q4 24 | $427.5M | $2.1B | ||
| Q3 24 | $411.6M | $619.5M | ||
| Q2 24 | $377.2M | $1.2B |
净利润CWSTRITM
| Q1 26 | $-5.5M | $109.5M | ||
| Q4 25 | $-2.5M | $85.0M | ||
| Q3 25 | $10.0M | $221.5M | ||
| Q2 25 | $5.2M | $311.7M | ||
| Q1 25 | $-4.8M | $78.8M | ||
| Q4 24 | $4.9M | $290.2M | ||
| Q3 24 | $5.8M | $121.7M | ||
| Q2 24 | $7.0M | $235.6M |
毛利率CWSTRITM
| Q1 26 | — | — | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 35.0% | — | ||
| Q2 25 | 33.8% | — | ||
| Q1 25 | 32.8% | — | ||
| Q4 24 | 33.2% | — | ||
| Q3 24 | 35.1% | — | ||
| Q2 24 | 35.4% | — |
营业利润率CWSTRITM
| Q1 26 | 0.9% | 29.9% | ||
| Q4 25 | 2.5% | 13.8% | ||
| Q3 25 | 6.1% | 21.4% | ||
| Q2 25 | 4.1% | 25.2% | ||
| Q1 25 | 0.8% | 7.4% | ||
| Q4 24 | 4.3% | 23.8% | ||
| Q3 24 | 5.9% | 7.3% | ||
| Q2 24 | 6.1% | 23.6% |
净利率CWSTRITM
| Q1 26 | -1.0% | 13.2% | ||
| Q4 25 | -0.5% | 5.7% | ||
| Q3 25 | 2.1% | 20.0% | ||
| Q2 25 | 1.1% | 25.6% | ||
| Q1 25 | -1.2% | 10.3% | ||
| Q4 24 | 1.1% | 14.0% | ||
| Q3 24 | 1.4% | 19.7% | ||
| Q2 24 | 1.9% | 19.2% |
每股收益（稀释后）CWSTRITM
| Q1 26 | $-0.09 | $0.12 | ||
| Q4 25 | $-0.04 | $0.09 | ||
| Q3 25 | $0.16 | $0.35 | ||
| Q2 25 | $0.08 | $0.53 | ||
| Q1 25 | $-0.08 | $0.07 | ||
| Q4 24 | $0.08 | $0.50 | ||
| Q3 24 | $0.10 | $0.20 | ||
| Q2 24 | $0.12 | $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 | $126.9M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.6B | $9.1B |
| 总资产 | $3.3B | $53.4B |
| 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CWSTRITM
| Q1 26 | $126.9M | — | ||
| Q4 25 | $123.8M | $1.8B | ||
| Q3 25 | $192.7M | $1.6B | ||
| Q2 25 | $217.8M | $1.6B | ||
| Q1 25 | $267.7M | $1.5B | ||
| Q4 24 | $358.3M | $1.5B | ||
| Q3 24 | $519.0M | $1.6B | ||
| Q2 24 | $208.5M | $1.2B |
总债务CWSTRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $35.4B | ||
| Q3 25 | $1.1B | $32.2B | ||
| Q2 25 | $1.1B | $31.2B | ||
| Q1 25 | $1.1B | $32.2B | ||
| Q4 24 | $1.1B | $32.6B | ||
| Q3 24 | $1.0B | $29.6B | ||
| Q2 24 | $976.6M | $30.1B |
股东权益CWSTRITM
| Q1 26 | $1.6B | $9.1B | ||
| Q4 25 | $1.6B | $8.4B | ||
| Q3 25 | $1.6B | $8.5B | ||
| Q2 25 | $1.6B | $7.9B | ||
| Q1 25 | $1.5B | $7.8B | ||
| Q4 24 | $1.6B | $7.8B | ||
| Q3 24 | $1.5B | $7.7B | ||
| Q2 24 | $1.0B | $7.3B |
总资产CWSTRITM
| Q1 26 | $3.3B | $53.4B | ||
| Q4 25 | $3.3B | $53.1B | ||
| Q3 25 | $3.3B | $47.2B | ||
| Q2 25 | $3.3B | $44.3B | ||
| Q1 25 | $3.2B | $45.3B | ||
| Q4 24 | $3.2B | $46.0B | ||
| Q3 24 | $3.1B | $42.3B | ||
| Q2 24 | $2.5B | $42.0B |
负债/权益比CWSTRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 4.20× | ||
| Q3 25 | 0.72× | 3.79× | ||
| Q2 25 | 0.72× | 3.92× | ||
| Q1 25 | 0.72× | 4.14× | ||
| Q4 24 | 0.70× | 4.18× | ||
| Q3 24 | 0.68× | 3.87× | ||
| Q2 24 | 0.94× | 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 | $62.3M | — |
| 自由现金流经营现金流 - 资本支出 | $30.7M | — |
| 自由现金流率自由现金流/营收 | 5.5% | — |
| 资本支出强度资本支出/营收 | 9.0% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $120.7M | — |
8季度趋势，按日历期对齐
经营现金流CWSTRITM
| Q1 26 | $62.3M | — | ||
| Q4 25 | $96.6M | $-114.6M | ||
| Q3 25 | $93.6M | $-2.0B | ||
| Q2 25 | $89.5M | $-557.1M | ||
| Q1 25 | $50.1M | $1.4B | ||
| Q4 24 | $109.8M | $-1.8B | ||
| Q3 24 | $91.8M | $768.1M | ||
| Q2 24 | $72.1M | $-55.7M |
自由现金流CWSTRITM
| Q1 26 | $30.7M | — | ||
| Q4 25 | $39.3M | — | ||
| Q3 25 | $27.6M | — | ||
| Q2 25 | $23.1M | — | ||
| Q1 25 | $-5.4M | — | ||
| Q4 24 | $32.9M | — | ||
| Q3 24 | $40.4M | — | ||
| Q2 24 | $27.5M | — |
自由现金流率CWSTRITM
| Q1 26 | 5.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | -1.3% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 7.3% | — |
资本支出强度CWSTRITM
| Q1 26 | 9.0% | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | 13.6% | — | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | 18.0% | — | ||
| Q3 24 | 12.5% | — | ||
| Q2 24 | 11.8% | — |
现金转化率CWSTRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 9.37× | -9.22× | ||
| Q2 25 | 17.19× | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | 22.51× | -6.04× | ||
| Q3 24 | 15.91× | 6.31× | ||
| Q2 24 | 10.29× | -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
CWST
| Collection | $334.8M | 60% |
| Transfer station | $65.9M | 12% |
| Processing (ii) | $49.0M | 9% |
| Landfill | $48.0M | 9% |
| National Accounts (ii) | $45.6M | 8% |
| Transportation | $8.2M | 1% |
| Landfill gas-to-energy | $2.9M | 1% |
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% |
