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Crane NXT, Co.（CXT）与KADANT INC（KAI）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KADANT INC的1.4倍（$387.7M vs $271.6M），KADANT INC净利率更高（10.2% vs 1.7%，领先8.6%），Crane NXT, Co.同比增速更快（17.4% vs -0.0%），KADANT INC自由现金流更多（$44.1M vs $-24.1M），过去两年KADANT INC的营收复合增速更高（6.7% 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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
CXT vs KAI — 直观对比
营收规模更大
CXT
是对方的1.4倍
$271.6M
营收增速更快
CXT
高出17.4%
-0.0%
净利率更高
KAI
高出8.6%
1.7%
自由现金流更多
KAI
多$68.2M
$-24.1M
两年增速更快
KAI
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $387.7M | $271.6M |
| 净利润 | $6.4M | $27.7M |
| 毛利率 | 40.2% | 45.2% |
| 营业利润率 | — | 15.7% |
| 净利率 | 1.7% | 10.2% |
| 营收同比 | 17.4% | -0.0% |
| 净利润同比 | -70.5% | -12.2% |
| 每股收益（稀释后） | — | $2.35 |
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CXTKAI
| Q1 26 | $387.7M | — | ||
| Q4 25 | $476.9M | — | ||
| Q3 25 | $445.1M | $271.6M | ||
| Q2 25 | $404.4M | $255.3M | ||
| Q1 25 | $330.3M | $239.2M | ||
| Q4 24 | $399.1M | $258.0M | ||
| Q3 24 | $403.5M | $271.6M | ||
| Q2 24 | $370.6M | $274.8M |
净利润CXTKAI
| Q1 26 | $6.4M | — | ||
| Q4 25 | $47.5M | — | ||
| Q3 25 | $50.5M | $27.7M | ||
| Q2 25 | $24.9M | $26.2M | ||
| Q1 25 | $21.7M | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | $47.1M | $31.6M | ||
| Q2 24 | $41.6M | $31.3M |
毛利率CXTKAI
| Q1 26 | 40.2% | — | ||
| Q4 25 | 42.4% | — | ||
| Q3 25 | 43.3% | 45.2% | ||
| Q2 25 | 41.7% | 45.9% | ||
| Q1 25 | 42.4% | 46.1% | ||
| Q4 24 | 45.2% | 43.4% | ||
| Q3 24 | 42.5% | 44.7% | ||
| Q2 24 | 43.4% | 44.4% |
营业利润率CXTKAI
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | — | ||
| Q3 25 | 18.4% | 15.7% | ||
| Q2 25 | 11.8% | 15.4% | ||
| Q1 25 | 11.3% | 14.9% | ||
| Q4 24 | 17.7% | 14.3% | ||
| Q3 24 | 18.6% | 18.0% | ||
| Q2 24 | 18.2% | 17.6% |
净利率CXTKAI
| Q1 26 | 1.7% | — | ||
| Q4 25 | 10.0% | — | ||
| Q3 25 | 11.3% | 10.2% | ||
| Q2 25 | 6.2% | 10.2% | ||
| Q1 25 | 6.6% | 10.1% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 11.7% | 11.6% | ||
| Q2 24 | 11.2% | 11.4% |
每股收益（稀释后）CXTKAI
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | — | ||
| Q3 25 | $0.87 | $2.35 | ||
| Q2 25 | $0.43 | $2.22 | ||
| Q1 25 | $0.38 | $2.04 | ||
| Q4 24 | $1.00 | $2.04 | ||
| Q3 24 | $0.81 | $2.68 | ||
| Q2 24 | $0.72 | $2.66 |
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 | $228.3M | $124.5M |
| 总债务越低越好 | $1.5B | $254.6M |
| 股东权益账面价值 | $1.2B | $949.8M |
| 总资产 | $3.6B | $1.5B |
| 负债/权益比越低杠杆越低 | 1.22× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资CXTKAI
| Q1 26 | $228.3M | — | ||
| Q4 25 | $233.8M | — | ||
| Q3 25 | $182.4M | $124.5M | ||
| Q2 25 | $152.5M | $95.3M | ||
| Q1 25 | $173.8M | $91.7M | ||
| Q4 24 | $165.8M | $94.7M | ||
| Q3 24 | $165.1M | $88.4M | ||
| Q2 24 | $175.5M | $73.8M |
总债务CXTKAI
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $834.3M | $254.6M | ||
| Q2 25 | $861.8M | $245.7M | ||
| Q1 25 | $541.1M | $273.5M | ||
| Q4 24 | $540.6M | $285.2M | ||
| Q3 24 | $638.2M | $323.2M | ||
| Q2 24 | $638.9M | $342.0M |
股东权益CXTKAI
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | $949.8M | ||
| Q2 25 | $1.2B | $926.0M | ||
| Q1 25 | $1.1B | $876.0M | ||
| Q4 24 | $1.1B | $847.1M | ||
| Q3 24 | $1.1B | $851.7M | ||
| Q2 24 | $989.8M | $807.7M |
总资产CXTKAI
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.1B | — | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.4B | $1.5B |
负债/权益比CXTKAI
| Q1 26 | 1.22× | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.69× | 0.27× | ||
| Q2 25 | 0.73× | 0.27× | ||
| Q1 25 | 0.49× | 0.31× | ||
| Q4 24 | 0.51× | 0.34× | ||
| Q3 24 | 0.60× | 0.38× | ||
| Q2 24 | 0.65× | 0.42× |
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 | — | $47.3M |
| 自由现金流经营现金流 - 资本支出 | $-24.1M | $44.1M |
| 自由现金流率自由现金流/营收 | -6.2% | 16.2% |
| 资本支出强度资本支出/营收 | 2.6% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.70× |
| 过去12个月自由现金流最近4个季度 | — | $145.9M |
8季度趋势，按日历期对齐
经营现金流CXTKAI
| Q1 26 | — | — | ||
| Q4 25 | $105.8M | — | ||
| Q3 25 | $92.0M | $47.3M | ||
| Q2 25 | $62.8M | $40.5M | ||
| Q1 25 | $-19.1M | $22.8M | ||
| Q4 24 | $81.1M | $51.9M | ||
| Q3 24 | $66.7M | $52.5M | ||
| Q2 24 | $56.8M | $28.1M |
自由现金流CXTKAI
| Q1 26 | $-24.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $78.7M | $44.1M | ||
| Q2 25 | $55.8M | $36.5M | ||
| Q1 25 | $-32.2M | $19.0M | ||
| Q4 24 | — | $46.3M | ||
| Q3 24 | $53.5M | $48.3M | ||
| Q2 24 | $47.9M | $23.1M |
自由现金流率CXTKAI
| Q1 26 | -6.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 17.7% | 16.2% | ||
| Q2 25 | 13.8% | 14.3% | ||
| Q1 25 | -9.7% | 7.9% | ||
| Q4 24 | — | 17.9% | ||
| Q3 24 | 13.3% | 17.8% | ||
| Q2 24 | 12.9% | 8.4% |
资本支出强度CXTKAI
| Q1 26 | 2.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.0% | 1.2% | ||
| Q2 25 | 1.7% | 1.6% | ||
| Q1 25 | 4.0% | 1.6% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | 3.3% | 1.5% | ||
| Q2 24 | 2.4% | 1.8% |
现金转化率CXTKAI
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | — | ||
| Q3 25 | 1.82× | 1.70× | ||
| Q2 25 | 2.52× | 1.55× | ||
| Q1 25 | -0.88× | 0.95× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | 1.42× | 1.66× | ||
| Q2 24 | 1.37× | 0.90× |
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% |
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
