vs
CASELLA WASTE SYSTEMS INC（CWST）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
RANGE RESOURCES CORP的季度营收约是CASELLA WASTE SYSTEMS INC的1.7倍（$786.9M vs $469.1M），RANGE RESOURCES CORP净利率更高（22.8% vs -0.5%，领先23.3%），RANGE RESOURCES CORP同比增速更快（18.0% vs 9.7%），过去两年CASELLA WASTE SYSTEMS INC的营收复合增速更高（17.3% vs 14.6%）
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。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
CWST vs RRC — 直观对比
营收规模更大
RRC
是对方的1.7倍
$469.1M
营收增速更快
RRC
高出8.3%
9.7%
净利率更高
RRC
高出23.3%
-0.5%
两年增速更快
CWST
近两年复合增速
14.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $469.1M | $786.9M |
| 净利润 | $-2.5M | $179.1M |
| 毛利率 | 33.3% | 94.5% |
| 营业利润率 | 2.5% | — |
| 净利率 | -0.5% | 22.8% |
| 营收同比 | 9.7% | 18.0% |
| 净利润同比 | -151.5% | 88.8% |
| 每股收益（稀释后） | $-0.04 | $0.75 |
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CWSTRRC
| Q4 25 | $469.1M | $786.9M | ||
| Q3 25 | $485.4M | $655.3M | ||
| Q2 25 | $465.3M | $699.6M | ||
| Q1 25 | $417.1M | $846.3M | ||
| Q4 24 | $427.5M | $667.0M | ||
| Q3 24 | $411.6M | $567.9M | ||
| Q2 24 | $377.2M | $513.2M | ||
| Q1 24 | $341.0M | $598.8M |
净利润CWSTRRC
| Q4 25 | $-2.5M | $179.1M | ||
| Q3 25 | $10.0M | $144.3M | ||
| Q2 25 | $5.2M | $237.6M | ||
| Q1 25 | $-4.8M | $97.1M | ||
| Q4 24 | $4.9M | $94.8M | ||
| Q3 24 | $5.8M | $50.7M | ||
| Q2 24 | $7.0M | $28.7M | ||
| Q1 24 | $-4.1M | $92.1M |
毛利率CWSTRRC
| Q4 25 | 33.3% | 94.5% | ||
| Q3 25 | 35.0% | 92.5% | ||
| Q2 25 | 33.8% | 95.0% | ||
| Q1 25 | 32.8% | 93.1% | ||
| Q4 24 | 33.2% | 93.7% | ||
| Q3 24 | 35.1% | 94.3% | ||
| Q2 24 | 35.4% | 93.4% | ||
| Q1 24 | 32.3% | 94.7% |
营业利润率CWSTRRC
| Q4 25 | 2.5% | — | ||
| Q3 25 | 6.1% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 4.3% | — | ||
| Q3 24 | 5.9% | — | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 2.0% | — |
净利率CWSTRRC
| Q4 25 | -0.5% | 22.8% | ||
| Q3 25 | 2.1% | 22.0% | ||
| Q2 25 | 1.1% | 34.0% | ||
| Q1 25 | -1.2% | 11.5% | ||
| Q4 24 | 1.1% | 14.2% | ||
| Q3 24 | 1.4% | 8.9% | ||
| Q2 24 | 1.9% | 5.6% | ||
| Q1 24 | -1.2% | 15.4% |
每股收益（稀释后）CWSTRRC
| Q4 25 | $-0.04 | $0.75 | ||
| Q3 25 | $0.16 | $0.60 | ||
| Q2 25 | $0.08 | $0.99 | ||
| Q1 25 | $-0.08 | $0.40 | ||
| Q4 24 | $0.08 | $0.38 | ||
| Q3 24 | $0.10 | $0.21 | ||
| Q2 24 | $0.12 | $0.12 | ||
| Q1 24 | $-0.07 | $0.38 |
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 | $123.8M | $204.0K |
| 总债务越低越好 | $1.1B | $1.2B |
| 股东权益账面价值 | $1.6B | $4.3B |
| 总资产 | $3.3B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.72× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CWSTRRC
| Q4 25 | $123.8M | $204.0K | ||
| Q3 25 | $192.7M | $175.0K | ||
| Q2 25 | $217.8M | $134.0K | ||
| Q1 25 | $267.7M | $344.6M | ||
| Q4 24 | $358.3M | $304.5M | ||
| Q3 24 | $519.0M | $277.4M | ||
| Q2 24 | $208.5M | $251.1M | ||
| Q1 24 | $189.5M | $343.1M |
总债务CWSTRRC
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.7B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.0B | $1.7B | ||
| Q2 24 | $976.6M | $1.7B | ||
| Q1 24 | $980.9M | $1.8B |
股东权益CWSTRRC
| Q4 25 | $1.6B | $4.3B | ||
| Q3 25 | $1.6B | $4.2B | ||
| Q2 25 | $1.6B | $4.1B | ||
| Q1 25 | $1.5B | $3.9B | ||
| Q4 24 | $1.6B | $3.9B | ||
| Q3 24 | $1.5B | $3.9B | ||
| Q2 24 | $1.0B | $3.9B | ||
| Q1 24 | $1.0B | $3.8B |
总资产CWSTRRC
| Q4 25 | $3.3B | $7.4B | ||
| Q3 25 | $3.3B | $7.2B | ||
| Q2 25 | $3.3B | $7.1B | ||
| Q1 25 | $3.2B | $7.4B | ||
| Q4 24 | $3.2B | $7.3B | ||
| Q3 24 | $3.1B | $7.2B | ||
| Q2 24 | $2.5B | $7.3B | ||
| Q1 24 | $2.5B | $7.4B |
负债/权益比CWSTRRC
| Q4 25 | 0.72× | 0.28× | ||
| Q3 25 | 0.72× | 0.29× | ||
| Q2 25 | 0.72× | 0.29× | ||
| Q1 25 | 0.72× | 0.43× | ||
| Q4 24 | 0.70× | 0.43× | ||
| Q3 24 | 0.68× | 0.44× | ||
| Q2 24 | 0.94× | 0.44× | ||
| Q1 24 | 0.96× | 0.46× |
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 | $96.6M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $39.3M | — |
| 自由现金流率自由现金流/营收 | 8.4% | — |
| 资本支出强度资本支出/营收 | 12.2% | — |
| 现金转化率经营现金流/净利润 | — | 1.44× |
| 过去12个月自由现金流最近4个季度 | $84.7M | — |
8季度趋势，按日历期对齐
经营现金流CWSTRRC
| Q4 25 | $96.6M | $257.5M | ||
| Q3 25 | $93.6M | $247.5M | ||
| Q2 25 | $89.5M | $336.2M | ||
| Q1 25 | $50.1M | $330.1M | ||
| Q4 24 | $109.8M | $217.9M | ||
| Q3 24 | $91.8M | $245.9M | ||
| Q2 24 | $72.1M | $148.8M | ||
| Q1 24 | $7.7M | $331.9M |
自由现金流CWSTRRC
| 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 | — | ||
| Q1 24 | $-22.6M | — |
自由现金流率CWSTRRC
| 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% | — | ||
| Q1 24 | -6.6% | — |
资本支出强度CWSTRRC
| 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% | — | ||
| Q1 24 | 8.9% | — |
现金转化率CWSTRRC
| Q4 25 | — | 1.44× | ||
| Q3 25 | 9.37× | 1.72× | ||
| Q2 25 | 17.19× | 1.42× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | 22.51× | 2.30× | ||
| Q3 24 | 15.91× | 4.85× | ||
| Q2 24 | 10.29× | 5.18× | ||
| Q1 24 | — | 3.60× |
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
| Transferred Over Time | $120.9M | 26% |
| Resource Solutions Region | $92.9M | 20% |
| Collection | $90.9M | 19% |
| Mid Atlantic Region | $89.6M | 19% |
| National Accounts | $60.9M | 13% |
| Landfill Revenue | $8.3M | 2% |
| Processing Services | $2.1M | 0% |
| Transportation | $1.4M | 0% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
