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CALIFORNIA WATER SERVICE GROUP（CWT）与PREFORMED LINE PRODUCTS CO（PLPC）财务数据对比。点击上方公司名可切换其他公司
CALIFORNIA WATER SERVICE GROUP的季度营收约是PREFORMED LINE PRODUCTS CO的1.2倍（$210.7M vs $173.1M），CALIFORNIA WATER SERVICE GROUP净利率更高（5.4% vs 4.9%，领先0.6%），PREFORMED LINE PRODUCTS CO同比增速更快（3.6% vs -3.3%），过去两年CALIFORNIA WATER SERVICE GROUP的营收复合增速更高（16.6% vs 10.8%）
加利福尼亚水务集团是美国公共事业企业，主营饮用水及污水处理服务，是美国第三大上市投资者所有水务公司，通过加利福尼亚、夏威夷、新墨西哥、华盛顿等州的子公司，为约200万民众提供服务。集团成立于1997年，作为加州水务的控股主体，推动业务向美国其他各州拓展。
预成型线路产品公司（PLPC）研发、生产和销售适用于输配电、通信及可再生能源基建领域的工程硬件组件，服务全球多地的公用事业、网络运营商及工业客户，提供可提升网络可靠性与运营效率的解决方案。
CWT vs PLPC — 直观对比
营收规模更大
CWT
是对方的1.2倍
$173.1M
营收增速更快
PLPC
高出6.9%
-3.3%
净利率更高
CWT
高出0.6%
4.9%
两年增速更快
CWT
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $210.7M | $173.1M |
| 净利润 | $11.5M | $8.4M |
| 毛利率 | — | 29.8% |
| 营业利润率 | 12.2% | 6.8% |
| 净利率 | 5.4% | 4.9% |
| 营收同比 | -3.3% | 3.6% |
| 净利润同比 | -41.0% | -19.3% |
| 每股收益（稀释后） | $0.19 | $1.72 |
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CWTPLPC
| Q4 25 | $210.7M | $173.1M | ||
| Q3 25 | $314.1M | $178.1M | ||
| Q2 25 | $256.2M | $169.6M | ||
| Q1 25 | $182.7M | $148.5M | ||
| Q4 24 | $217.8M | $167.1M | ||
| Q3 24 | $306.2M | $147.0M | ||
| Q2 24 | $226.7M | $138.7M | ||
| Q1 24 | $154.9M | $140.9M |
净利润CWTPLPC
| Q4 25 | $11.5M | $8.4M | ||
| Q3 25 | $61.2M | $2.6M | ||
| Q2 25 | $42.2M | $12.7M | ||
| Q1 25 | $13.3M | $11.5M | ||
| Q4 24 | $19.5M | $10.5M | ||
| Q3 24 | $60.7M | $7.7M | ||
| Q2 24 | $40.6M | $9.4M | ||
| Q1 24 | $69.9M | $9.6M |
毛利率CWTPLPC
| Q4 25 | — | 29.8% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 32.7% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | — | 31.1% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | 31.3% |
营业利润率CWTPLPC
| Q4 25 | 12.2% | 6.8% | ||
| Q3 25 | 22.5% | 7.4% | ||
| Q2 25 | 20.2% | 10.1% | ||
| Q1 25 | 12.2% | 8.8% | ||
| Q4 24 | 14.8% | 10.5% | ||
| Q3 24 | 21.8% | 7.1% | ||
| Q2 24 | 21.2% | 8.1% | ||
| Q1 24 | 50.3% | 8.2% |
净利率CWTPLPC
| Q4 25 | 5.4% | 4.9% | ||
| Q3 25 | 19.5% | 1.5% | ||
| Q2 25 | 16.5% | 7.5% | ||
| Q1 25 | 7.3% | 7.8% | ||
| Q4 24 | 8.9% | 6.3% | ||
| Q3 24 | 19.8% | 5.2% | ||
| Q2 24 | 17.9% | 6.8% | ||
| Q1 24 | 45.1% | 6.8% |
每股收益（稀释后）CWTPLPC
| Q4 25 | $0.19 | $1.72 | ||
| Q3 25 | $1.03 | $0.53 | ||
| Q2 25 | $0.71 | $2.56 | ||
| Q1 25 | $0.22 | $2.33 | ||
| Q4 24 | $0.31 | $2.13 | ||
| Q3 24 | $1.03 | $1.54 | ||
| Q2 24 | $0.70 | $1.89 | ||
| Q1 24 | $1.21 | $1.94 |
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 | $51.8M | — |
| 总债务越低越好 | $1.5B | $38.3M |
| 股东权益账面价值 | $1.7B | $475.5M |
| 总资产 | $5.7B | $653.6M |
| 负债/权益比越低杠杆越低 | 0.87× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资CWTPLPC
| Q4 25 | $51.8M | — | ||
| Q3 25 | $76.0M | — | ||
| Q2 25 | $50.5M | — | ||
| Q1 25 | $44.5M | — | ||
| Q4 24 | $50.1M | — | ||
| Q3 24 | $59.6M | — | ||
| Q2 24 | $37.3M | — | ||
| Q1 24 | $42.8M | — |
总债务CWTPLPC
| Q4 25 | $1.5B | $38.3M | ||
| Q3 25 | $1.1B | $36.0M | ||
| Q2 25 | $1.1B | $31.8M | ||
| Q1 25 | $1.1B | $29.1M | ||
| Q4 24 | $1.1B | $20.8M | ||
| Q3 24 | — | $27.2M | ||
| Q2 24 | — | $31.6M | ||
| Q1 24 | — | $55.0M |
股东权益CWTPLPC
| Q4 25 | $1.7B | $475.5M | ||
| Q3 25 | $1.7B | $466.3M | ||
| Q2 25 | $1.7B | $460.7M | ||
| Q1 25 | $1.6B | $435.8M | ||
| Q4 24 | $1.6B | $422.3M | ||
| Q3 24 | $1.6B | $429.0M | ||
| Q2 24 | $1.5B | $416.2M | ||
| Q1 24 | $1.5B | $413.4M |
总资产CWTPLPC
| Q4 25 | $5.7B | $653.6M | ||
| Q3 25 | $5.5B | $644.6M | ||
| Q2 25 | $5.4B | $631.5M | ||
| Q1 25 | $5.3B | $592.5M | ||
| Q4 24 | $5.2B | $573.9M | ||
| Q3 24 | $5.0B | $592.0M | ||
| Q2 24 | $4.9B | $572.6M | ||
| Q1 24 | $4.8B | $586.1M |
负债/权益比CWTPLPC
| Q4 25 | 0.87× | 0.08× | ||
| Q3 25 | 0.65× | 0.08× | ||
| Q2 25 | 0.67× | 0.07× | ||
| Q1 25 | 0.68× | 0.07× | ||
| Q4 24 | 0.67× | 0.05× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.08× | ||
| Q1 24 | — | 0.13× |
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 | $47.9M | $21.9M |
| 自由现金流经营现金流 - 资本支出 | — | $11.8M |
| 自由现金流率自由现金流/营收 | — | 6.8% |
| 资本支出强度资本支出/营收 | — | 5.9% |
| 现金转化率经营现金流/净利润 | 4.17× | 2.60× |
| 过去12个月自由现金流最近4个季度 | — | $33.3M |
8季度趋势，按日历期对齐
经营现金流CWTPLPC
| Q4 25 | $47.9M | $21.9M | ||
| Q3 25 | $167.3M | $18.9M | ||
| Q2 25 | $48.9M | $26.9M | ||
| Q1 25 | $38.4M | $5.7M | ||
| Q4 24 | $68.1M | $24.1M | ||
| Q3 24 | $101.8M | $9.4M | ||
| Q2 24 | $94.4M | $28.3M | ||
| Q1 24 | $26.5M | $5.8M |
自由现金流CWTPLPC
| Q4 25 | — | $11.8M | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $18.6M | ||
| Q1 25 | — | $-5.3M | ||
| Q4 24 | — | $20.6M | ||
| Q3 24 | — | $5.8M | ||
| Q2 24 | — | $24.6M | ||
| Q1 24 | — | $1.8M |
自由现金流率CWTPLPC
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 10.9% | ||
| Q1 25 | — | -3.6% | ||
| Q4 24 | — | 12.3% | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | 17.7% | ||
| Q1 24 | — | 1.3% |
资本支出强度CWTPLPC
| Q4 25 | — | 5.9% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.7% | ||
| Q1 24 | — | 2.8% |
现金转化率CWTPLPC
| Q4 25 | 4.17× | 2.60× | ||
| Q3 25 | 2.73× | 7.21× | ||
| Q2 25 | 1.16× | 2.12× | ||
| Q1 25 | 2.88× | 0.49× | ||
| Q4 24 | 3.50× | 2.30× | ||
| Q3 24 | 1.68× | 1.22× | ||
| Q2 24 | 2.33× | 3.02× | ||
| Q1 24 | 0.38× | 0.60× |
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
CWT
| Residential | $133.2M | 63% |
| Business | $47.7M | 23% |
| Public Authorities | $13.4M | 6% |
| Industrial | $6.9M | 3% |
| Non Regulated Services | $4.8M | 2% |
| Other Non Regulated Service | $1.2M | 1% |
PLPC
暂无分部数据
