vs
Crane NXT, Co.（CXT）与Madison Square Garden Sports Corp.（MSGS）财务数据对比。点击上方公司名可切换其他公司
Madison Square Garden Sports Corp.的季度营收约是Crane NXT, Co.的1.0倍（$403.4M vs $387.7M），Madison Square Garden Sports Corp.净利率更高（2.0% vs 1.7%，领先0.4%），Crane NXT, Co.同比增速更快（17.4% vs 12.8%），Madison Square Garden Sports Corp.自由现金流更多（$31.6M vs $-24.1M），过去两年Crane NXT, Co.的营收复合增速更高（2.3% vs -3.1%）
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。
麦迪逊广场花园体育公司是总部位于美国纽约市的专业体育控股企业，深耕职业体育俱乐部运营、体育IP开发管理等核心业务，在北美体育产业领域拥有深厚的行业积累与较高的市场知名度。
CXT vs MSGS — 直观对比
营收规模更大
MSGS
是对方的1.0倍
$387.7M
营收增速更快
CXT
高出4.6%
12.8%
净利率更高
MSGS
高出0.4%
1.7%
自由现金流更多
MSGS
多$55.7M
$-24.1M
两年增速更快
CXT
近两年复合增速
-3.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $387.7M | $403.4M |
| 净利润 | $6.4M | $8.2M |
| 毛利率 | 40.2% | — |
| 营业利润率 | — | 5.5% |
| 净利率 | 1.7% | 2.0% |
| 营收同比 | 17.4% | 12.8% |
| 净利润同比 | -70.5% | 641.9% |
| 每股收益（稀释后） | — | $0.34 |
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CXTMSGS
| Q1 26 | $387.7M | — | ||
| Q4 25 | $476.9M | $403.4M | ||
| Q3 25 | $445.1M | $39.5M | ||
| Q2 25 | $404.4M | $204.0M | ||
| Q1 25 | $330.3M | $424.2M | ||
| Q4 24 | $399.1M | $357.8M | ||
| Q3 24 | $403.5M | $53.3M | ||
| Q2 24 | $370.6M | $227.3M |
净利润CXTMSGS
| Q1 26 | $6.4M | — | ||
| Q4 25 | $47.5M | $8.2M | ||
| Q3 25 | $50.5M | $-8.8M | ||
| Q2 25 | $24.9M | $-1.8M | ||
| Q1 25 | $21.7M | $-14.2M | ||
| Q4 24 | — | $1.1M | ||
| Q3 24 | $47.1M | $-7.5M | ||
| Q2 24 | $41.6M | $25.5M |
毛利率CXTMSGS
| 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CXTMSGS
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 5.5% | ||
| Q3 25 | 18.4% | -69.5% | ||
| Q2 25 | 11.8% | -11.1% | ||
| Q1 25 | 11.3% | 7.6% | ||
| Q4 24 | 17.7% | 3.7% | ||
| Q3 24 | 18.6% | -15.5% | ||
| Q2 24 | 18.2% | 23.0% |
净利率CXTMSGS
| Q1 26 | 1.7% | — | ||
| Q4 25 | 10.0% | 2.0% | ||
| Q3 25 | 11.3% | -22.3% | ||
| Q2 25 | 6.2% | -0.9% | ||
| Q1 25 | 6.6% | -3.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 11.7% | -14.1% | ||
| Q2 24 | 11.2% | 11.2% |
每股收益（稀释后）CXTMSGS
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $0.34 | ||
| Q3 25 | $0.87 | $-0.37 | ||
| Q2 25 | $0.43 | $-0.08 | ||
| Q1 25 | $0.38 | $-0.59 | ||
| Q4 24 | $1.00 | $0.05 | ||
| Q3 24 | $0.81 | $-0.31 | ||
| Q2 24 | $0.72 | $1.07 |
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 | $81.3M |
| 总债务越低越好 | $1.5B | — |
| 股东权益账面价值 | $1.2B | $-282.1M |
| 总资产 | $3.6B | $1.5B |
| 负债/权益比越低杠杆越低 | 1.22× | — |
8季度趋势，按日历期对齐
现金及短期投资CXTMSGS
| Q1 26 | $228.3M | — | ||
| Q4 25 | $233.8M | $81.3M | ||
| Q3 25 | $182.4M | $48.6M | ||
| Q2 25 | $152.5M | $144.6M | ||
| Q1 25 | $173.8M | $96.5M | ||
| Q4 24 | $165.8M | $107.8M | ||
| Q3 24 | $165.1M | $52.3M | ||
| Q2 24 | $175.5M | $89.1M |
总债务CXTMSGS
| Q1 26 | $1.5B | — | ||
| 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 | — |
股东权益CXTMSGS
| Q1 26 | $1.2B | — | ||
| Q4 25 | $1.3B | $-282.1M | ||
| Q3 25 | $1.2B | $-294.2M | ||
| Q2 25 | $1.2B | $-281.4M | ||
| Q1 25 | $1.1B | $-283.4M | ||
| Q4 24 | $1.1B | $-273.1M | ||
| Q3 24 | $1.1B | $-277.5M | ||
| Q2 24 | $989.8M | $-266.3M |
总资产CXTMSGS
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.1B | $1.5B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | $2.4B | $1.5B | ||
| Q4 24 | $2.4B | $1.4B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.3B |
负债/权益比CXTMSGS
| Q1 26 | 1.22× | — | ||
| 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× | — |
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 | — | $32.4M |
| 自由现金流经营现金流 - 资本支出 | $-24.1M | $31.6M |
| 自由现金流率自由现金流/营收 | -6.2% | 7.8% |
| 资本支出强度资本支出/营收 | 2.6% | 0.2% |
| 现金转化率经营现金流/净利润 | — | 3.94× |
| 过去12个月自由现金流最近4个季度 | — | $-480.0K |
8季度趋势，按日历期对齐
经营现金流CXTMSGS
| Q1 26 | — | — | ||
| Q4 25 | $105.8M | $32.4M | ||
| Q3 25 | $92.0M | $-85.0M | ||
| Q2 25 | $62.8M | $49.7M | ||
| Q1 25 | $-19.1M | $6.3M | ||
| Q4 24 | $81.1M | $61.8M | ||
| Q3 24 | $66.7M | $-26.2M | ||
| Q2 24 | $56.8M | $108.4M |
自由现金流CXTMSGS
| Q1 26 | $-24.1M | — | ||
| Q4 25 | — | $31.6M | ||
| Q3 25 | $78.7M | $-85.3M | ||
| Q2 25 | $55.8M | $49.4M | ||
| Q1 25 | $-32.2M | $3.9M | ||
| Q4 24 | — | $61.2M | ||
| Q3 24 | $53.5M | $-26.5M | ||
| Q2 24 | $47.9M | $108.0M |
自由现金流率CXTMSGS
| Q1 26 | -6.2% | — | ||
| Q4 25 | — | 7.8% | ||
| Q3 25 | 17.7% | -216.3% | ||
| Q2 25 | 13.8% | 24.2% | ||
| Q1 25 | -9.7% | 0.9% | ||
| Q4 24 | — | 17.1% | ||
| Q3 24 | 13.3% | -49.7% | ||
| Q2 24 | 12.9% | 47.5% |
资本支出强度CXTMSGS
| Q1 26 | 2.6% | — | ||
| Q4 25 | — | 0.2% | ||
| Q3 25 | 3.0% | 0.9% | ||
| Q2 25 | 1.7% | 0.2% | ||
| Q1 25 | 4.0% | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 3.3% | 0.7% | ||
| Q2 24 | 2.4% | 0.2% |
现金转化率CXTMSGS
| Q1 26 | — | — | ||
| Q4 25 | 2.23× | 3.94× | ||
| Q3 25 | 1.82× | — | ||
| Q2 25 | 2.52× | — | ||
| Q1 25 | -0.88× | — | ||
| Q4 24 | — | 55.61× | ||
| Q3 24 | 1.42× | — | ||
| Q2 24 | 1.37× | 4.25× |
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
| Detection and Traceability Technologies | $194.9M | 50% |
| Security and Authentication Technologies | $192.8M | 50% |
MSGS
| Event Related | $167.2M | 41% |
| Media Rights | $122.3M | 30% |
| Sponsorship Signage And Suite Licenses | $98.5M | 24% |
| League Distribution | $15.4M | 4% |
