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Cloudflare, Inc.（NET）与SiteOne Landscape Supply, Inc.（SITE）财务数据对比。点击上方公司名可切换其他公司
SiteOne Landscape Supply, Inc.的季度营收约是Cloudflare, Inc.的1.7倍（$1.0B vs $614.5M），SiteOne Landscape Supply, Inc.净利率更高（-0.9% vs -2.0%，领先1.1%），Cloudflare, Inc.同比增速更快（33.6% vs 3.2%），SiteOne Landscape Supply, Inc.自由现金流更多（$150.3M vs $105.2M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 7.5%）
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
SiteOne Landscape Supply是北美领先的园林景观用品批发分销商，主营灌溉配件、户外照明、硬质景观材料、苗木、园艺工具及相关配件，主要服务专业景观设计师、承包商、高尔夫球场运营方及市政维护团队，在美加拥有广泛的线下门店网络。
NET vs SITE — 直观对比
营收规模更大
SITE
是对方的1.7倍
$614.5M
营收增速更快
NET
高出30.4%
3.2%
净利率更高
SITE
高出1.1%
-2.0%
自由现金流更多
SITE
多$45.1M
$105.2M
两年增速更快
NET
近两年复合增速
7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $614.5M | $1.0B |
| 净利润 | $-12.1M | $-9.0M |
| 毛利率 | 73.6% | 34.1% |
| 营业利润率 | -8.0% | -0.5% |
| 净利率 | -2.0% | -0.9% |
| 营收同比 | 33.6% | 3.2% |
| 净利润同比 | 6.0% | 58.5% |
| 每股收益（稀释后） | $-0.03 | $-0.19 |
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NETSITE
| Q4 25 | $614.5M | $1.0B | ||
| Q3 25 | $562.0M | $1.3B | ||
| Q2 25 | $512.3M | $1.5B | ||
| Q1 25 | $479.1M | $939.4M | ||
| Q4 24 | $459.9M | $1.0B | ||
| Q3 24 | $430.1M | $1.2B | ||
| Q2 24 | $401.0M | $1.4B | ||
| Q1 24 | $378.6M | $904.8M |
净利润NETSITE
| Q4 25 | $-12.1M | $-9.0M | ||
| Q3 25 | $-1.3M | $59.1M | ||
| Q2 25 | $-50.4M | $129.0M | ||
| Q1 25 | $-38.5M | $-27.3M | ||
| Q4 24 | $-12.8M | $-21.7M | ||
| Q3 24 | $-15.3M | $44.4M | ||
| Q2 24 | $-15.1M | $120.2M | ||
| Q1 24 | $-35.5M | $-19.3M |
毛利率NETSITE
| Q4 25 | 73.6% | 34.1% | ||
| Q3 25 | 74.0% | 34.7% | ||
| Q2 25 | 74.9% | 36.4% | ||
| Q1 25 | 75.9% | 33.0% | ||
| Q4 24 | 76.4% | 33.3% | ||
| Q3 24 | 77.7% | 34.0% | ||
| Q2 24 | 77.8% | 36.1% | ||
| Q1 24 | 77.5% | 33.3% |
营业利润率NETSITE
| Q4 25 | -8.0% | -0.5% | ||
| Q3 25 | -6.7% | 6.8% | ||
| Q2 25 | -13.1% | 12.8% | ||
| Q1 25 | -11.1% | -3.1% | ||
| Q4 24 | -7.5% | -2.5% | ||
| Q3 24 | -7.2% | 5.8% | ||
| Q2 24 | -8.7% | 12.0% | ||
| Q1 24 | -14.4% | -2.5% |
净利率NETSITE
| Q4 25 | -2.0% | -0.9% | ||
| Q3 25 | -0.2% | 4.7% | ||
| Q2 25 | -9.8% | 8.8% | ||
| Q1 25 | -8.0% | -2.9% | ||
| Q4 24 | -2.8% | -2.1% | ||
| Q3 24 | -3.6% | 3.7% | ||
| Q2 24 | -3.8% | 8.5% | ||
| Q1 24 | -9.4% | -2.1% |
每股收益（稀释后）NETSITE
| Q4 25 | $-0.03 | $-0.19 | ||
| Q3 25 | $0.00 | $1.31 | ||
| Q2 25 | $-0.15 | $2.86 | ||
| Q1 25 | $-0.11 | $-0.61 | ||
| Q4 24 | $-0.05 | $-0.46 | ||
| Q3 24 | $-0.04 | $0.97 | ||
| Q2 24 | $-0.04 | $2.63 | ||
| Q1 24 | $-0.10 | $-0.43 |
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 | $943.5M | $190.6M |
| 总债务越低越好 | — | $385.4M |
| 股东权益账面价值 | $1.5B | $1.7B |
| 总资产 | $6.0B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资NETSITE
| Q4 25 | $943.5M | $190.6M | ||
| Q3 25 | $1.1B | $106.9M | ||
| Q2 25 | $1.5B | $78.6M | ||
| Q1 25 | $204.5M | $56.6M | ||
| Q4 24 | $147.7M | $107.1M | ||
| Q3 24 | $182.9M | $85.5M | ||
| Q2 24 | $157.0M | $71.9M | ||
| Q1 24 | $254.4M | $41.5M |
总债务NETSITE
| Q4 25 | — | $385.4M | ||
| Q3 25 | — | $388.4M | ||
| Q2 25 | — | $469.9M | ||
| Q1 25 | — | $503.0M | ||
| Q4 24 | — | $388.2M | ||
| Q3 24 | — | $410.6M | ||
| Q2 24 | — | $480.2M | ||
| Q1 24 | — | $448.0M |
股东权益NETSITE
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.0B | $1.6B | ||
| Q3 24 | $973.1M | $1.6B | ||
| Q2 24 | $881.5M | $1.6B | ||
| Q1 24 | $797.2M | $1.5B |
总资产NETSITE
| Q4 25 | $6.0B | $3.2B | ||
| Q3 25 | $5.8B | $3.3B | ||
| Q2 25 | $5.6B | $3.3B | ||
| Q1 25 | $3.7B | $3.3B | ||
| Q4 24 | $3.3B | $3.1B | ||
| Q3 24 | $3.1B | $3.1B | ||
| Q2 24 | $2.9B | $3.2B | ||
| Q1 24 | $2.8B | $3.0B |
负债/权益比NETSITE
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.25× | ||
| Q3 24 | — | 0.25× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.30× |
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 | $190.4M | $164.8M |
| 自由现金流经营现金流 - 资本支出 | $105.2M | $150.3M |
| 自由现金流率自由现金流/营收 | 17.1% | 14.4% |
| 资本支出强度资本支出/营收 | 13.9% | 1.4% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $287.5M | $246.8M |
8季度趋势，按日历期对齐
经营现金流NETSITE
| Q4 25 | $190.4M | $164.8M | ||
| Q3 25 | $167.1M | $128.6M | ||
| Q2 25 | $99.8M | $136.7M | ||
| Q1 25 | $145.8M | $-129.6M | ||
| Q4 24 | $127.3M | $119.4M | ||
| Q3 24 | $104.7M | $115.9M | ||
| Q2 24 | $74.8M | $147.4M | ||
| Q1 24 | $73.6M | $-99.3M |
自由现金流NETSITE
| Q4 25 | $105.2M | $150.3M | ||
| Q3 25 | $82.5M | $118.5M | ||
| Q2 25 | $39.9M | $122.4M | ||
| Q1 25 | $59.9M | $-144.4M | ||
| Q4 24 | $54.2M | $109.9M | ||
| Q3 24 | $54.5M | $105.9M | ||
| Q2 24 | $45.2M | $135.3M | ||
| Q1 24 | $41.5M | $-108.2M |
自由现金流率NETSITE
| Q4 25 | 17.1% | 14.4% | ||
| Q3 25 | 14.7% | 9.4% | ||
| Q2 25 | 7.8% | 8.4% | ||
| Q1 25 | 12.5% | -15.4% | ||
| Q4 24 | 11.8% | 10.8% | ||
| Q3 24 | 12.7% | 8.8% | ||
| Q2 24 | 11.3% | 9.6% | ||
| Q1 24 | 11.0% | -12.0% |
资本支出强度NETSITE
| Q4 25 | 13.9% | 1.4% | ||
| Q3 25 | 15.1% | 0.8% | ||
| Q2 25 | 11.7% | 1.0% | ||
| Q1 25 | 17.9% | 1.6% | ||
| Q4 24 | 15.9% | 0.9% | ||
| Q3 24 | 11.7% | 0.8% | ||
| Q2 24 | 7.4% | 0.9% | ||
| Q1 24 | 8.5% | 1.0% |
现金转化率NETSITE
| Q4 25 | — | — | ||
| Q3 25 | — | 2.18× | ||
| Q2 25 | — | 1.06× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.61× | ||
| Q2 24 | — | 1.23× | ||
| 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
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
SITE
| Landscaping Products | $798.4M | 76% |
| Agronomic | $247.2M | 24% |
