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Energy Recovery, Inc.（ERII）与KINGSWAY FINANCIAL SERVICES INC（KFS）财务数据对比。点击上方公司名可切换其他公司
Energy Recovery, Inc.的季度营收约是KINGSWAY FINANCIAL SERVICES INC的1.7倍（$66.9M vs $38.6M），Energy Recovery, Inc.净利率更高（40.2% vs -4.1%，领先44.4%），KINGSWAY FINANCIAL SERVICES INC同比增速更快（30.1% vs -0.3%），过去两年KINGSWAY FINANCIAL SERVICES INC的营收复合增速更高（21.4% vs 8.1%）
Energy Recovery, Inc.是一家美国制造商，专注生产为水务及二氧化碳制冷行业提供的能量回收装置，产品可帮助相关行业在工艺流程中回收利用富余能量，助力客户降低能耗成本，提升运营的绿色低碳水平，在细分领域拥有领先的技术积累。
金斯威金融服务公司是一家专业金融控股企业，主要提供财产和意外伤害保险产品，包括个人车险、商业责任险、财产险等，核心市场覆盖北美地区，服务个人消费者、小微企业主及特定商业客户群体。
ERII vs KFS — 直观对比
营收规模更大
ERII
是对方的1.7倍
$38.6M
营收增速更快
KFS
高出30.4%
-0.3%
净利率更高
ERII
高出44.4%
-4.1%
两年增速更快
KFS
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $66.9M | $38.6M |
| 净利润 | $26.9M | $-1.6M |
| 毛利率 | 67.2% | — |
| 营业利润率 | 46.8% | 0.8% |
| 净利率 | 40.2% | -4.1% |
| 营收同比 | -0.3% | 30.1% |
| 净利润同比 | 14.7% | -7.8% |
| 每股收益（稀释后） | $0.49 | $-0.07 |
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ERIIKFS
| Q4 25 | $66.9M | $38.6M | ||
| Q3 25 | $32.0M | $37.2M | ||
| Q2 25 | $28.1M | $30.9M | ||
| Q1 25 | — | $28.3M | ||
| Q4 24 | $67.1M | $29.6M | ||
| Q3 24 | $38.6M | $27.1M | ||
| Q2 24 | $27.2M | $26.4M | ||
| Q1 24 | $12.1M | $26.2M |
净利润ERIIKFS
| Q4 25 | $26.9M | $-1.6M | ||
| Q3 25 | $3.9M | $-2.4M | ||
| Q2 25 | $2.1M | $-3.2M | ||
| Q1 25 | — | $-3.1M | ||
| Q4 24 | $23.5M | $-1.5M | ||
| Q3 24 | $8.5M | $-2.3M | ||
| Q2 24 | $-642.0K | $-2.2M | ||
| Q1 24 | $-8.3M | $-2.3M |
毛利率ERIIKFS
| Q4 25 | 67.2% | — | ||
| Q3 25 | 64.2% | — | ||
| Q2 25 | 64.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 70.2% | — | ||
| Q3 24 | 65.1% | — | ||
| Q2 24 | 64.6% | — | ||
| Q1 24 | 59.0% | — |
营业利润率ERIIKFS
| Q4 25 | 46.8% | 0.8% | ||
| Q3 25 | 11.4% | -2.3% | ||
| Q2 25 | 5.3% | -3.6% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | 38.2% | 6.5% | ||
| Q3 24 | 18.3% | -2.5% | ||
| Q2 24 | -7.4% | 0.5% | ||
| Q1 24 | -90.4% | 2.9% |
净利率ERIIKFS
| Q4 25 | 40.2% | -4.1% | ||
| Q3 25 | 12.1% | -6.5% | ||
| Q2 25 | 7.3% | -10.2% | ||
| Q1 25 | — | -10.9% | ||
| Q4 24 | 35.0% | -5.0% | ||
| Q3 24 | 22.0% | -8.5% | ||
| Q2 24 | -2.4% | -8.3% | ||
| Q1 24 | -68.3% | -8.9% |
每股收益（稀释后）ERIIKFS
| Q4 25 | $0.49 | $-0.07 | ||
| Q3 25 | $0.07 | $-0.10 | ||
| Q2 25 | $0.04 | $-0.13 | ||
| Q1 25 | — | $-0.13 | ||
| Q4 24 | $0.40 | $-0.08 | ||
| Q3 24 | $0.15 | $-0.10 | ||
| Q2 24 | $-0.01 | $-0.08 | ||
| Q1 24 | $-0.14 | $-0.09 |
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 | $75.2M | $8.5M |
| 总债务越低越好 | — | $70.7M |
| 股东权益账面价值 | $206.2M | $15.2M |
| 总资产 | $231.5M | $231.5M |
| 负债/权益比越低杠杆越低 | — | 4.66× |
8季度趋势，按日历期对齐
现金及短期投资ERIIKFS
| Q4 25 | $75.2M | $8.5M | ||
| Q3 25 | $70.4M | $9.5M | ||
| Q2 25 | $79.5M | $12.3M | ||
| Q1 25 | — | $6.5M | ||
| Q4 24 | $78.0M | $5.7M | ||
| Q3 24 | $118.6M | $6.7M | ||
| Q2 24 | $101.0M | $9.8M | ||
| Q1 24 | $117.4M | $12.3M |
总债务ERIIKFS
| Q4 25 | — | $70.7M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $58.3M | ||
| Q1 25 | — | $59.5M | ||
| Q4 24 | — | $57.5M | ||
| Q3 24 | — | $58.5M | ||
| Q2 24 | — | $47.3M | ||
| Q1 24 | — | $47.1M |
股东权益ERIIKFS
| Q4 25 | $206.2M | $15.2M | ||
| Q3 25 | $180.8M | $16.6M | ||
| Q2 25 | $185.2M | $17.4M | ||
| Q1 25 | — | $5.5M | ||
| Q4 24 | $210.0M | $8.4M | ||
| Q3 24 | $233.9M | $9.9M | ||
| Q2 24 | $218.5M | $20.7M | ||
| Q1 24 | $216.0M | $23.6M |
总资产ERIIKFS
| Q4 25 | $231.5M | $231.5M | ||
| Q3 25 | $209.6M | $235.1M | ||
| Q2 25 | $212.3M | $207.7M | ||
| Q1 25 | — | $192.1M | ||
| Q4 24 | $242.8M | $186.6M | ||
| Q3 24 | $262.7M | $191.1M | ||
| Q2 24 | $249.0M | $192.3M | ||
| Q1 24 | $244.3M | $198.0M |
负债/权益比ERIIKFS
| Q4 25 | — | 4.66× | ||
| Q3 25 | — | 4.25× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 10.91× | ||
| Q4 24 | — | 6.84× | ||
| Q3 24 | — | 5.88× | ||
| Q2 24 | — | 2.29× | ||
| Q1 24 | — | 2.00× |
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 | $7.1M | $-3.0K |
| 自由现金流经营现金流 - 资本支出 | $6.4M | — |
| 自由现金流率自由现金流/营收 | 9.6% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | 0.26× | — |
| 过去12个月自由现金流最近4个季度 | $15.8M | — |
8季度趋势，按日历期对齐
经营现金流ERIIKFS
| Q4 25 | $7.1M | $-3.0K | ||
| Q3 25 | $-3.1M | $1.5M | ||
| Q2 25 | $4.1M | $337.0K | ||
| Q1 25 | — | $-1.8M | ||
| Q4 24 | $9.0M | $1.1M | ||
| Q3 24 | $-3.0M | $368.0K | ||
| Q2 24 | $8.1M | $557.0K | ||
| Q1 24 | $6.5M | $249.0K |
自由现金流ERIIKFS
| Q4 25 | $6.4M | — | ||
| Q3 25 | $-3.5M | $1.3M | ||
| Q2 25 | $4.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $-3.2M | — | ||
| Q2 24 | $7.9M | — | ||
| Q1 24 | $5.7M | — |
自由现金流率ERIIKFS
| Q4 25 | 9.6% | — | ||
| Q3 25 | -10.9% | 3.4% | ||
| Q2 25 | 14.3% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | -8.2% | — | ||
| Q2 24 | 28.9% | — | ||
| Q1 24 | 46.9% | — |
资本支出强度ERIIKFS
| Q4 25 | 1.0% | — | ||
| Q3 25 | 1.1% | 0.5% | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.4% | 0.0% | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 6.8% | — |
现金转化率ERIIKFS
| Q4 25 | 0.26× | — | ||
| Q3 25 | -0.81× | — | ||
| Q2 25 | 2.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.38× | — | ||
| Q3 24 | -0.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
KFS
| Other | $14.8M | 38% |
| Roundhouse Electric Equipment Co Inc | $9.7M | 25% |
| MLC Plumbing LLC | $5.7M | 15% |
| Systems Products International Incspi | $3.8M | 10% |
| Advanced Plumbing And Drain | $2.9M | 8% |
| Southside Plumbing | $1.7M | 4% |
