vs
Crane NXT, Co.（CXT）与H2O AMERICA（HTO）财务数据对比。点击上方公司名可切换其他公司
Crane NXT, Co.的季度营收约是H2O AMERICA的1.9倍（$387.7M vs $199.4M），H2O AMERICA净利率更高（8.1% vs 1.7%，领先6.5%），Crane NXT, Co.同比增速更快（17.4% vs 1.5%），过去两年H2O AMERICA的营收复合增速更高（15.3% vs 2.3%）
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。
H2O Wireless是美国的预付费移动通信服务商，依托AT&T网络运营，隶属于MVNO（移动虚拟网络运营商）Locus通信，自2019年起Locus成为Telrite控股的子公司，此前2010年起曾是KDDI美国旗下资产。该品牌主打无限制套餐服务，支持用户自带或购买无锁智能手机入网，AT&T合约机/锁网机也可兼容使用。
CXT vs HTO — 直观对比
营收规模更大
CXT
是对方的1.9倍
$199.4M
营收增速更快
CXT
高出15.9%
1.5%
净利率更高
HTO
高出6.5%
1.7%
两年增速更快
HTO
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $387.7M | $199.4M |
| 净利润 | $6.4M | $16.2M |
| 毛利率 | 40.2% | — |
| 营业利润率 | — | 16.6% |
| 净利率 | 1.7% | 8.1% |
| 营收同比 | 17.4% | 1.5% |
| 净利润同比 | -70.5% | -29.2% |
| 每股收益（稀释后） | — | $0.45 |
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CXTHTO
| Q1 26 | $387.7M | — | ||
| Q4 25 | $476.9M | $199.4M | ||
| Q3 25 | $445.1M | $243.5M | ||
| Q2 25 | $404.4M | $197.8M | ||
| Q1 25 | $330.3M | $164.9M | ||
| Q4 24 | $399.1M | $196.5M | ||
| Q3 24 | $403.5M | $216.7M | ||
| Q2 24 | $370.6M | $173.1M |
净利润CXTHTO
| Q1 26 | $6.4M | — | ||
| Q4 25 | $47.5M | $16.2M | ||
| Q3 25 | $50.5M | $45.1M | ||
| Q2 25 | $24.9M | $24.7M | ||
| Q1 25 | $21.7M | $16.6M | ||
| Q4 24 | — | $22.9M | ||
| Q3 24 | $47.1M | $38.7M | ||
| Q2 24 | $41.6M | $20.7M |
毛利率CXTHTO
| Q1 26 | 40.2% | — | ||
| Q4 25 | 42.4% | — | ||
| Q3 25 | 43.3% | — | ||
| Q2 25 | 41.7% | — | ||
| Q1 25 | 42.4% | — | ||
| Q4 24 | 45.2% | — | ||
| Q3 24 | 42.5% | — | ||
| Q2 24 | 43.4% | — |
营业利润率CXTHTO
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 16.6% | ||
| Q3 25 | 18.4% | 26.5% | ||
| Q2 25 | 11.8% | 22.2% | ||
| Q1 25 | 11.3% | 21.8% | ||
| Q4 24 | 17.7% | 22.2% | ||
| Q3 24 | 18.6% | 26.9% | ||
| Q2 24 | 18.2% | 23.4% |
净利率CXTHTO
| Q1 26 | 1.7% | — | ||
| Q4 25 | 10.0% | 8.1% | ||
| Q3 25 | 11.3% | 18.5% | ||
| Q2 25 | 6.2% | 12.5% | ||
| Q1 25 | 6.6% | 10.0% | ||
| Q4 24 | — | 11.7% | ||
| Q3 24 | 11.7% | 17.8% | ||
| Q2 24 | 11.2% | 12.0% |
每股收益（稀释后）CXTHTO
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $0.45 | ||
| Q3 25 | $0.87 | $1.27 | ||
| Q2 25 | $0.43 | $0.71 | ||
| Q1 25 | $0.38 | $0.49 | ||
| Q4 24 | $1.00 | $0.70 | ||
| Q3 24 | $0.81 | $1.17 | ||
| Q2 24 | $0.72 | $0.64 |
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 | $228.3M | $20.7M |
| 总债务越低越好 | $1.5B | $1.9B |
| 股东权益账面价值 | $1.2B | $1.5B |
| 总资产 | $3.6B | $5.1B |
| 负债/权益比越低杠杆越低 | 1.22× | 1.23× |
8季度趋势，按日历期对齐
现金及短期投资CXTHTO
| Q1 26 | $228.3M | — | ||
| Q4 25 | $233.8M | $20.7M | ||
| Q3 25 | $182.4M | $11.3M | ||
| Q2 25 | $152.5M | $19.8M | ||
| Q1 25 | $173.8M | $23.7M | ||
| Q4 24 | $165.8M | $11.1M | ||
| Q3 24 | $165.1M | $4.0M | ||
| Q2 24 | $175.5M | $22.8M |
总债务CXTHTO
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.0B | $1.9B | ||
| Q3 25 | $834.3M | — | ||
| Q2 25 | $861.8M | — | ||
| Q1 25 | $541.1M | — | ||
| Q4 24 | $540.6M | $1.7B | ||
| Q3 24 | $638.2M | — | ||
| Q2 24 | $638.9M | — |
股东权益CXTHTO
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $989.8M | $1.3B |
总资产CXTHTO
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.1B | $5.1B | ||
| Q3 25 | $2.9B | $5.0B | ||
| Q2 25 | $2.9B | $4.8B | ||
| Q1 25 | $2.4B | $4.7B | ||
| Q4 24 | $2.4B | $4.7B | ||
| Q3 24 | $2.4B | $4.6B | ||
| Q2 24 | $2.4B | $4.4B |
负债/权益比CXTHTO
| Q1 26 | 1.22× | — | ||
| Q4 25 | 0.80× | 1.23× | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.51× | 1.26× | ||
| Q3 24 | 0.60× | — | ||
| Q2 24 | 0.65× | — |
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 | — | $63.5M |
| 自由现金流经营现金流 - 资本支出 | $-24.1M | — |
| 自由现金流率自由现金流/营收 | -6.2% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | — | 3.92× |
| 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CXTHTO
| Q1 26 | — | — | ||
| Q4 25 | $105.8M | $63.5M | ||
| Q3 25 | $92.0M | $77.3M | ||
| Q2 25 | $62.8M | $60.8M | ||
| Q1 25 | $-19.1M | $43.2M | ||
| Q4 24 | $81.1M | $41.5M | ||
| Q3 24 | $66.7M | $53.5M | ||
| Q2 24 | $56.8M | $49.3M |
自由现金流CXTHTO
| Q1 26 | $-24.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $78.7M | — | ||
| Q2 25 | $55.8M | — | ||
| Q1 25 | $-32.2M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $53.5M | — | ||
| Q2 24 | $47.9M | — |
自由现金流率CXTHTO
| Q1 26 | -6.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 13.8% | — | ||
| Q1 25 | -9.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 13.3% | — | ||
| Q2 24 | 12.9% | — |
资本支出强度CXTHTO
| Q1 26 | 2.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.0% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 2.4% | — |
现金转化率CXTHTO
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | 3.92× | ||
| Q3 25 | 1.82× | 1.71× | ||
| Q2 25 | 2.52× | 2.47× | ||
| Q1 25 | -0.88× | 2.61× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | 1.42× | 1.39× | ||
| Q2 24 | 1.37× | 2.38× |
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
| Detection and Traceability Technologies | $194.9M | 50% |
| Security and Authentication Technologies | $192.8M | 50% |
HTO
| Water Utility Services | $191.0M | 96% |
| Other | $8.4M | 4% |
