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Crane NXT, Co.（CXT）与MSA Safety Inc（MSA）财务数据对比。点击上方公司名可切换其他公司
MSA Safety Inc的季度营收约是Crane NXT, Co.的1.1倍（$510.9M vs $476.9M），MSA Safety Inc净利率更高（17.0% vs 10.0%，领先7.1%），Crane NXT, Co.同比增速更快（19.5% vs 2.2%），过去两年Crane NXT, Co.的营收复合增速更高（23.3% vs 11.2%）
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。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
CXT vs MSA — 直观对比
营收规模更大
MSA
是对方的1.1倍
$476.9M
营收增速更快
CXT
高出17.2%
2.2%
净利率更高
MSA
高出7.1%
10.0%
两年增速更快
CXT
近两年复合增速
11.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $476.9M | $510.9M |
| 净利润 | $47.5M | $86.9M |
| 毛利率 | 42.4% | 46.9% |
| 营业利润率 | 16.7% | 22.3% |
| 净利率 | 10.0% | 17.0% |
| 营收同比 | 19.5% | 2.2% |
| 净利润同比 | — | -1.2% |
| 每股收益（稀释后） | $0.82 | $2.22 |
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CXTMSA
| Q4 25 | $476.9M | $510.9M | ||
| Q3 25 | $445.1M | $468.4M | ||
| Q2 25 | $404.4M | $474.1M | ||
| Q1 25 | $330.3M | $421.3M | ||
| Q4 24 | $399.1M | $499.7M | ||
| Q3 24 | $403.5M | $432.7M | ||
| Q2 24 | $370.6M | $462.5M | ||
| Q1 24 | $313.6M | $413.3M |
净利润CXTMSA
| Q4 25 | $47.5M | $86.9M | ||
| Q3 25 | $50.5M | $69.6M | ||
| Q2 25 | $24.9M | $62.8M | ||
| Q1 25 | $21.7M | $59.6M | ||
| Q4 24 | — | $87.9M | ||
| Q3 24 | $47.1M | $66.6M | ||
| Q2 24 | $41.6M | $72.2M | ||
| Q1 24 | $37.8M | $58.1M |
毛利率CXTMSA
| Q4 25 | 42.4% | 46.9% | ||
| Q3 25 | 43.3% | 46.5% | ||
| Q2 25 | 41.7% | 46.6% | ||
| Q1 25 | 42.4% | 45.9% | ||
| Q4 24 | 45.2% | 46.9% | ||
| Q3 24 | 42.5% | 47.9% | ||
| Q2 24 | 43.4% | 48.2% | ||
| Q1 24 | 48.6% | 47.3% |
营业利润率CXTMSA
| Q4 25 | 16.7% | 22.3% | ||
| Q3 25 | 18.4% | 20.1% | ||
| Q2 25 | 11.8% | 18.1% | ||
| Q1 25 | 11.3% | 18.5% | ||
| Q4 24 | 17.7% | 23.5% | ||
| Q3 24 | 18.6% | 21.1% | ||
| Q2 24 | 18.2% | 21.6% | ||
| Q1 24 | 17.7% | 19.4% |
净利率CXTMSA
| Q4 25 | 10.0% | 17.0% | ||
| Q3 25 | 11.3% | 14.9% | ||
| Q2 25 | 6.2% | 13.2% | ||
| Q1 25 | 6.6% | 14.1% | ||
| Q4 24 | — | 17.6% | ||
| Q3 24 | 11.7% | 15.4% | ||
| Q2 24 | 11.2% | 15.6% | ||
| Q1 24 | 12.1% | 14.1% |
每股收益（稀释后）CXTMSA
| Q4 25 | $0.82 | $2.22 | ||
| Q3 25 | $0.87 | $1.77 | ||
| Q2 25 | $0.43 | $1.59 | ||
| Q1 25 | $0.38 | $1.51 | ||
| Q4 24 | $1.00 | $2.22 | ||
| Q3 24 | $0.81 | $1.69 | ||
| Q2 24 | $0.72 | $1.83 | ||
| Q1 24 | $0.66 | $1.47 |
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 | $165.1M |
| 总债务越低越好 | $1.0B | $580.9M |
| 股东权益账面价值 | $1.3B | $1.4B |
| 总资产 | $3.1B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.80× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CXTMSA
| Q4 25 | $233.8M | $165.1M | ||
| Q3 25 | $182.4M | $170.0M | ||
| Q2 25 | $152.5M | $147.0M | ||
| Q1 25 | $173.8M | $170.6M | ||
| Q4 24 | $165.8M | $164.6M | ||
| Q3 24 | $165.1M | $154.4M | ||
| Q2 24 | $175.5M | $146.8M | ||
| Q1 24 | $220.6M | $148.3M |
总债务CXTMSA
| Q4 25 | $1.0B | $580.9M | ||
| Q3 25 | $834.3M | $628.6M | ||
| Q2 25 | $861.8M | $679.3M | ||
| Q1 25 | $541.1M | $502.1M | ||
| Q4 24 | $540.6M | $508.0M | ||
| Q3 24 | $638.2M | $554.7M | ||
| Q2 24 | $638.9M | $588.2M | ||
| Q1 24 | $639.6M | $596.2M |
股东权益CXTMSA
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $989.8M | $1.0B | ||
| Q1 24 | $964.1M | $994.8M |
总资产CXTMSA
| Q4 25 | $3.1B | $2.6B | ||
| Q3 25 | $2.9B | $2.6B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $2.4B | $2.2B | ||
| Q4 24 | $2.4B | $2.2B | ||
| Q3 24 | $2.4B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B | ||
| Q1 24 | $2.1B | $2.2B |
负债/权益比CXTMSA
| Q4 25 | 0.80× | 0.42× | ||
| Q3 25 | 0.69× | 0.48× | ||
| Q2 25 | 0.73× | 0.54× | ||
| Q1 25 | 0.49× | 0.42× | ||
| Q4 24 | 0.51× | 0.44× | ||
| Q3 24 | 0.60× | 0.51× | ||
| Q2 24 | 0.65× | 0.57× | ||
| Q1 24 | 0.66× | 0.60× |
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 | $122.4M |
| 自由现金流经营现金流 - 资本支出 | — | $106.0M |
| 自由现金流率自由现金流/营收 | — | 20.8% |
| 资本支出强度资本支出/营收 | — | 3.2% |
| 现金转化率经营现金流/净利润 | 2.23× | 1.41× |
| 过去12个月自由现金流最近4个季度 | — | $295.4M |
8季度趋势，按日历期对齐
经营现金流CXTMSA
| Q4 25 | $105.8M | $122.4M | ||
| Q3 25 | $92.0M | $112.5M | ||
| Q2 25 | $62.8M | $67.2M | ||
| Q1 25 | $-19.1M | $61.8M | ||
| Q4 24 | $81.1M | $107.9M | ||
| Q3 24 | $66.7M | $84.3M | ||
| Q2 24 | $56.8M | $53.3M | ||
| Q1 24 | $9.5M | $50.9M |
自由现金流CXTMSA
| Q4 25 | — | $106.0M | ||
| Q3 25 | $78.7M | $100.5M | ||
| Q2 25 | $55.8M | $37.9M | ||
| Q1 25 | $-32.2M | $51.0M | ||
| Q4 24 | — | $93.5M | ||
| Q3 24 | $53.5M | $70.1M | ||
| Q2 24 | $47.9M | $39.0M | ||
| Q1 24 | $-3.0M | $39.7M |
自由现金流率CXTMSA
| Q4 25 | — | 20.8% | ||
| Q3 25 | 17.7% | 21.4% | ||
| Q2 25 | 13.8% | 8.0% | ||
| Q1 25 | -9.7% | 12.1% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | 13.3% | 16.2% | ||
| Q2 24 | 12.9% | 8.4% | ||
| Q1 24 | -1.0% | 9.6% |
资本支出强度CXTMSA
| Q4 25 | — | 3.2% | ||
| Q3 25 | 3.0% | 2.6% | ||
| Q2 25 | 1.7% | 6.2% | ||
| Q1 25 | 4.0% | 2.6% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | 3.3% | 3.3% | ||
| Q2 24 | 2.4% | 3.1% | ||
| Q1 24 | 4.0% | 2.7% |
现金转化率CXTMSA
| Q4 25 | 2.23× | 1.41× | ||
| Q3 25 | 1.82× | 1.62× | ||
| Q2 25 | 2.52× | 1.07× | ||
| Q1 25 | -0.88× | 1.04× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | 1.42× | 1.27× | ||
| Q2 24 | 1.37× | 0.74× | ||
| Q1 24 | 0.25× | 0.88× |
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% |
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
