vs
Crane NXT, Co.（CXT）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
DOCUSIGN, INC.的季度营收约是Crane NXT, Co.的1.7倍（$818.4M vs $476.9M），DOCUSIGN, INC.净利率更高（10.2% vs 10.0%，领先0.3%），Crane NXT, Co.同比增速更快（19.5% vs 8.4%）
Crane NXT是一家总部位于美国康涅狄格州斯坦福德的工业产品企业，由理查德·特勒·克莱恩于1855年创立。曾是美国头部卫浴配件制造商，1990年出售卫浴业务后，自1960年起逐步转型为多元化控股集团，目前核心业务涵盖航空航天与电子、工程材料、流体处理、控制设备四大板块，服务化工等多个行业领域。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
CXT vs DOCU — 直观对比
营收规模更大
DOCU
是对方的1.7倍
$476.9M
营收增速更快
CXT
高出11.1%
8.4%
净利率更高
DOCU
高出0.3%
10.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $476.9M | $818.4M |
| 净利润 | $47.5M | $83.7M |
| 毛利率 | 42.4% | 79.2% |
| 营业利润率 | 16.7% | 10.4% |
| 净利率 | 10.0% | 10.2% |
| 营收同比 | 19.5% | 8.4% |
| 净利润同比 | — | 34.1% |
| 每股收益（稀释后） | $0.82 | $0.40 |
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CXTDOCU
| Q4 25 | $476.9M | $818.4M | ||
| Q3 25 | $445.1M | $800.6M | ||
| Q2 25 | $404.4M | $763.7M | ||
| Q1 25 | $330.3M | — | ||
| Q4 24 | $399.1M | — | ||
| Q3 24 | $403.5M | — | ||
| Q2 24 | $370.6M | — | ||
| Q1 24 | $313.6M | — |
净利润CXTDOCU
| Q4 25 | $47.5M | $83.7M | ||
| Q3 25 | $50.5M | $63.0M | ||
| Q2 25 | $24.9M | $72.1M | ||
| Q1 25 | $21.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $47.1M | — | ||
| Q2 24 | $41.6M | — | ||
| Q1 24 | $37.8M | — |
毛利率CXTDOCU
| Q4 25 | 42.4% | 79.2% | ||
| Q3 25 | 43.3% | 79.3% | ||
| Q2 25 | 41.7% | 79.4% | ||
| Q1 25 | 42.4% | — | ||
| Q4 24 | 45.2% | — | ||
| Q3 24 | 42.5% | — | ||
| Q2 24 | 43.4% | — | ||
| Q1 24 | 48.6% | — |
营业利润率CXTDOCU
| Q4 25 | 16.7% | 10.4% | ||
| Q3 25 | 18.4% | 8.1% | ||
| Q2 25 | 11.8% | 7.9% | ||
| Q1 25 | 11.3% | — | ||
| Q4 24 | 17.7% | — | ||
| Q3 24 | 18.6% | — | ||
| Q2 24 | 18.2% | — | ||
| Q1 24 | 17.7% | — |
净利率CXTDOCU
| Q4 25 | 10.0% | 10.2% | ||
| Q3 25 | 11.3% | 7.9% | ||
| Q2 25 | 6.2% | 9.4% | ||
| Q1 25 | 6.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 11.2% | — | ||
| Q1 24 | 12.1% | — |
每股收益（稀释后）CXTDOCU
| Q4 25 | $0.82 | $0.40 | ||
| Q3 25 | $0.87 | $0.30 | ||
| Q2 25 | $0.43 | $0.34 | ||
| Q1 25 | $0.38 | — | ||
| Q4 24 | $1.00 | — | ||
| Q3 24 | $0.81 | — | ||
| Q2 24 | $0.72 | — | ||
| Q1 24 | $0.66 | — |
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 | $233.8M | $583.3M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $1.3B | $2.0B |
| 总资产 | $3.1B | $4.0B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
现金及短期投资CXTDOCU
| Q4 25 | $233.8M | $583.3M | ||
| Q3 25 | $182.4M | $600.0M | ||
| Q2 25 | $152.5M | $657.4M | ||
| Q1 25 | $173.8M | — | ||
| Q4 24 | $165.8M | — | ||
| Q3 24 | $165.1M | — | ||
| Q2 24 | $175.5M | — | ||
| Q1 24 | $220.6M | — |
总债务CXTDOCU
| Q4 25 | $1.0B | — | ||
| Q3 25 | $834.3M | — | ||
| Q2 25 | $861.8M | — | ||
| Q1 25 | $541.1M | — | ||
| Q4 24 | $540.6M | — | ||
| Q3 24 | $638.2M | — | ||
| Q2 24 | $638.9M | — | ||
| Q1 24 | $639.6M | — |
股东权益CXTDOCU
| Q4 25 | $1.3B | $2.0B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $989.8M | — | ||
| Q1 24 | $964.1M | — |
总资产CXTDOCU
| Q4 25 | $3.1B | $4.0B | ||
| Q3 25 | $2.9B | $3.9B | ||
| Q2 25 | $2.9B | $3.9B | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.1B | — |
负债/权益比CXTDOCU
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.65× | — | ||
| Q1 24 | 0.66× | — |
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 | $105.8M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | — | $262.9M |
| 自由现金流率自由现金流/营收 | — | 32.1% |
| 资本支出强度资本支出/营收 | — | 3.3% |
| 现金转化率经营现金流/净利润 | 2.23× | 3.47× |
| 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CXTDOCU
| Q4 25 | $105.8M | $290.3M | ||
| Q3 25 | $92.0M | $246.1M | ||
| Q2 25 | $62.8M | $251.4M | ||
| Q1 25 | $-19.1M | — | ||
| Q4 24 | $81.1M | — | ||
| Q3 24 | $66.7M | — | ||
| Q2 24 | $56.8M | — | ||
| Q1 24 | $9.5M | — |
自由现金流CXTDOCU
| Q4 25 | — | $262.9M | ||
| Q3 25 | $78.7M | $217.6M | ||
| Q2 25 | $55.8M | $227.8M | ||
| Q1 25 | $-32.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $53.5M | — | ||
| Q2 24 | $47.9M | — | ||
| Q1 24 | $-3.0M | — |
自由现金流率CXTDOCU
| Q4 25 | — | 32.1% | ||
| Q3 25 | 17.7% | 27.2% | ||
| Q2 25 | 13.8% | 29.8% | ||
| Q1 25 | -9.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 13.3% | — | ||
| Q2 24 | 12.9% | — | ||
| Q1 24 | -1.0% | — |
资本支出强度CXTDOCU
| Q4 25 | — | 3.3% | ||
| Q3 25 | 3.0% | 3.6% | ||
| Q2 25 | 1.7% | 3.1% | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 4.0% | — |
现金转化率CXTDOCU
| Q4 25 | 2.23× | 3.47× | ||
| Q3 25 | 1.82× | 3.91× | ||
| Q2 25 | 2.52× | 3.49× | ||
| Q1 25 | -0.88× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | 1.37× | — | ||
| Q1 24 | 0.25× | — |
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
CXT
| Other | $260.9M | 55% |
| Products | $181.1M | 38% |
| Services | $34.9M | 7% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
