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CALIFORNIA WATER SERVICE GROUP（CWT）与Zurn Elkay Water Solutions Corp（ZWS）财务数据对比。点击上方公司名可切换其他公司
Zurn Elkay Water Solutions Corp的季度营收约是CALIFORNIA WATER SERVICE GROUP的1.9倍（$407.2M vs $210.7M），Zurn Elkay Water Solutions Corp净利率更高（10.3% vs 5.4%，领先4.9%），Zurn Elkay Water Solutions Corp同比增速更快（9.8% vs -3.3%），过去两年CALIFORNIA WATER SERVICE GROUP的营收复合增速更高（16.6% vs 4.4%）
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。
Zurn Elkay Water Solutions是一家专业水资源管理解决方案提供商，主要生产销售商用给排水设备、饮用水系统、过滤产品及流量控制组件，服务北美及全球的商用、住宅、工业和公共基建领域，主打高效节水的可持续产品。
CWT vs ZWS — 直观对比
营收规模更大
ZWS
是对方的1.9倍
$210.7M
营收增速更快
ZWS
高出13.1%
-3.3%
净利率更高
ZWS
高出4.9%
5.4%
两年增速更快
CWT
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $210.7M | $407.2M |
| 净利润 | $11.5M | $42.1M |
| 毛利率 | — | 44.4% |
| 营业利润率 | 12.2% | 14.8% |
| 净利率 | 5.4% | 10.3% |
| 营收同比 | -3.3% | 9.8% |
| 净利润同比 | -41.0% | 15.7% |
| 每股收益（稀释后） | $0.19 | $0.24 |
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CWTZWS
| Q4 25 | $210.7M | $407.2M | ||
| Q3 25 | $314.1M | $455.4M | ||
| Q2 25 | $256.2M | $444.5M | ||
| Q1 25 | $182.7M | $388.8M | ||
| Q4 24 | $217.8M | $370.7M | ||
| Q3 24 | $306.2M | $410.0M | ||
| Q2 24 | $226.7M | $412.0M | ||
| Q1 24 | $154.9M | $373.8M |
净利润CWTZWS
| Q4 25 | $11.5M | $42.1M | ||
| Q3 25 | $61.2M | $61.8M | ||
| Q2 25 | $42.2M | $50.5M | ||
| Q1 25 | $13.3M | $43.6M | ||
| Q4 24 | $19.5M | $36.4M | ||
| Q3 24 | $60.7M | $43.5M | ||
| Q2 24 | $40.6M | $46.0M | ||
| Q1 24 | $69.9M | $34.3M |
毛利率CWTZWS
| Q4 25 | — | 44.4% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 45.5% | ||
| Q1 25 | — | 46.6% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 46.2% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 45.5% |
营业利润率CWTZWS
| Q4 25 | 12.2% | 14.8% | ||
| Q3 25 | 22.5% | 17.0% | ||
| Q2 25 | 20.2% | 17.5% | ||
| Q1 25 | 12.2% | 16.3% | ||
| Q4 24 | 14.8% | 13.3% | ||
| Q3 24 | 21.8% | 17.1% | ||
| Q2 24 | 21.2% | 17.5% | ||
| Q1 24 | 50.3% | 14.2% |
净利率CWTZWS
| Q4 25 | 5.4% | 10.3% | ||
| Q3 25 | 19.5% | 13.6% | ||
| Q2 25 | 16.5% | 11.4% | ||
| Q1 25 | 7.3% | 11.2% | ||
| Q4 24 | 8.9% | 9.8% | ||
| Q3 24 | 19.8% | 10.6% | ||
| Q2 24 | 17.9% | 11.2% | ||
| Q1 24 | 45.1% | 9.2% |
每股收益（稀释后）CWTZWS
| Q4 25 | $0.19 | $0.24 | ||
| Q3 25 | $1.03 | $0.36 | ||
| Q2 25 | $0.71 | $0.29 | ||
| Q1 25 | $0.22 | $0.26 | ||
| Q4 24 | $0.31 | $0.21 | ||
| Q3 24 | $1.03 | $0.25 | ||
| Q2 24 | $0.70 | $0.27 | ||
| Q1 24 | $1.21 | $0.19 |
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 | $300.5M |
| 总债务越低越好 | $1.5B | $496.5M |
| 股东权益账面价值 | $1.7B | $1.6B |
| 总资产 | $5.7B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.87× | 0.31× |
8季度趋势，按日历期对齐
现金及短期投资CWTZWS
| Q4 25 | $51.8M | $300.5M | ||
| Q3 25 | $76.0M | $260.1M | ||
| Q2 25 | $50.5M | $201.9M | ||
| Q1 25 | $44.5M | $144.7M | ||
| Q4 24 | $50.1M | $198.0M | ||
| Q3 24 | $59.6M | $187.9M | ||
| Q2 24 | $37.3M | $162.7M | ||
| Q1 24 | $42.8M | $157.1M |
总债务CWTZWS
| Q4 25 | $1.5B | $496.5M | ||
| Q3 25 | $1.1B | $496.4M | ||
| Q2 25 | $1.1B | $495.9M | ||
| Q1 25 | $1.1B | $495.8M | ||
| Q4 24 | $1.1B | $495.6M | ||
| Q3 24 | — | $495.6M | ||
| Q2 24 | — | $495.5M | ||
| Q1 24 | — | $495.4M |
股东权益CWTZWS
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.6B | $1.5B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.5B | $1.6B | ||
| Q1 24 | $1.5B | $1.6B |
总资产CWTZWS
| Q4 25 | $5.7B | $2.7B | ||
| Q3 25 | $5.5B | $2.7B | ||
| Q2 25 | $5.4B | $2.7B | ||
| Q1 25 | $5.3B | $2.6B | ||
| Q4 24 | $5.2B | $2.6B | ||
| Q3 24 | $5.0B | $2.7B | ||
| Q2 24 | $4.9B | $2.7B | ||
| Q1 24 | $4.8B | $2.7B |
负债/权益比CWTZWS
| Q4 25 | 0.87× | 0.31× | ||
| Q3 25 | 0.65× | 0.31× | ||
| Q2 25 | 0.67× | 0.32× | ||
| Q1 25 | 0.68× | 0.32× | ||
| Q4 24 | 0.67× | 0.31× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | — | 0.31× |
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 | $91.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 4.17× | 2.18× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CWTZWS
| Q4 25 | $47.9M | $91.7M | ||
| Q3 25 | $167.3M | $101.3M | ||
| Q2 25 | $48.9M | $110.6M | ||
| Q1 25 | $38.4M | $42.9M | ||
| Q4 24 | $68.1M | $63.6M | ||
| Q3 24 | $101.8M | $90.9M | ||
| Q2 24 | $94.4M | $85.1M | ||
| Q1 24 | $26.5M | $53.9M |
现金转化率CWTZWS
| Q4 25 | 4.17× | 2.18× | ||
| Q3 25 | 2.73× | 1.64× | ||
| Q2 25 | 1.16× | 2.19× | ||
| Q1 25 | 2.88× | 0.98× | ||
| Q4 24 | 3.50× | 1.75× | ||
| Q3 24 | 1.68× | 2.09× | ||
| Q2 24 | 2.33× | 1.85× | ||
| Q1 24 | 0.38× | 1.57× |
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% |
ZWS
暂无分部数据
