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Pool Corporation（POOL）与沃特世（WAT）财务数据对比。点击上方公司名可切换其他公司
Pool Corporation的季度营收约是沃特世的1.2倍（$1.1B vs $932.4M），沃特世净利率更高（24.2% vs 4.7%，领先19.5%），沃特世同比增速更快（6.8% vs 6.2%），过去两年沃特世的营收复合增速更高（21.0% vs -19.8%）
Pool Corporation（简称POOLCORP）是全球最大的游泳池用品、设备及机械分销商，注册地为美国特拉华州，总部位于路易斯安那州卡温顿。公司在北美、欧洲、澳大利亚运营439个销售中心，服务约12.5万客户，过半收入来自美国加州、得州、佛罗里达及亚利桑那市场，受益于人口向温暖气候区迁移的趋势。
沃特世是总部位于美国马萨诸塞州米尔福德的企业，面向生命科学、材料、食品等行业，提供色谱、质谱、实验室信息学、流变测量领域所用的分析仪器及配套软件，为各领域的检测、研发等工作提供可靠技术支持。
POOL vs WAT — 直观对比
营收规模更大
POOL
是对方的1.2倍
$932.4M
营收增速更快
WAT
高出0.6%
6.2%
净利率更高
WAT
高出19.5%
4.7%
两年增速更快
WAT
近两年复合增速
-19.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $932.4M |
| 净利润 | $53.2M | $225.2M |
| 毛利率 | 29.0% | 61.1% |
| 营业利润率 | 7.3% | 29.0% |
| 净利率 | 4.7% | 24.2% |
| 营收同比 | 6.2% | 6.8% |
| 净利润同比 | -0.6% | -2.7% |
| 每股收益（稀释后） | $1.45 | $3.76 |
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POOLWAT
| Q1 26 | $1.1B | — | ||
| Q4 25 | $982.2M | $932.4M | ||
| Q3 25 | $1.5B | $799.9M | ||
| Q2 25 | $1.8B | $771.3M | ||
| Q1 25 | $1.1B | $661.7M | ||
| Q4 24 | $987.5M | $872.7M | ||
| Q3 24 | $1.4B | $740.3M | ||
| Q2 24 | $1.8B | $708.5M |
净利润POOLWAT
| Q1 26 | $53.2M | — | ||
| Q4 25 | $31.6M | $225.2M | ||
| Q3 25 | $127.0M | $148.9M | ||
| Q2 25 | $194.3M | $147.1M | ||
| Q1 25 | $53.5M | $121.4M | ||
| Q4 24 | $37.3M | $231.4M | ||
| Q3 24 | $125.7M | $161.5M | ||
| Q2 24 | $192.4M | $142.7M |
毛利率POOLWAT
| Q1 26 | 29.0% | — | ||
| Q4 25 | 30.1% | 61.1% | ||
| Q3 25 | 29.6% | 59.0% | ||
| Q2 25 | 30.0% | 58.3% | ||
| Q1 25 | 29.2% | 58.2% | ||
| Q4 24 | 29.4% | 60.1% | ||
| Q3 24 | 29.1% | 59.3% | ||
| Q2 24 | 30.0% | 59.3% |
营业利润率POOLWAT
| Q1 26 | 7.3% | — | ||
| Q4 25 | 5.3% | 29.0% | ||
| Q3 25 | 12.3% | 24.0% | ||
| Q2 25 | 15.3% | 24.4% | ||
| Q1 25 | 7.2% | 22.9% | ||
| Q4 24 | 6.1% | 33.5% | ||
| Q3 24 | 12.3% | 28.5% | ||
| Q2 24 | 15.3% | 26.7% |
净利率POOLWAT
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.2% | 24.2% | ||
| Q3 25 | 8.8% | 18.6% | ||
| Q2 25 | 10.9% | 19.1% | ||
| Q1 25 | 5.0% | 18.3% | ||
| Q4 24 | 3.8% | 26.5% | ||
| Q3 24 | 8.8% | 21.8% | ||
| Q2 24 | 10.9% | 20.1% |
每股收益（稀释后）POOLWAT
| Q1 26 | $1.45 | — | ||
| Q4 25 | $0.86 | $3.76 | ||
| Q3 25 | $3.40 | $2.50 | ||
| Q2 25 | $5.17 | $2.47 | ||
| Q1 25 | $1.42 | $2.03 | ||
| Q4 24 | $1.00 | $3.88 | ||
| Q3 24 | $3.27 | $2.71 | ||
| Q2 24 | $4.99 | $2.40 |
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 | $64.5M | $587.8M |
| 总债务越低越好 | — | $1.4B |
| 股东权益账面价值 | — | $2.6B |
| 总资产 | $4.0B | $5.1B |
| 负债/权益比越低杠杆越低 | — | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资POOLWAT
| Q1 26 | $64.5M | — | ||
| Q4 25 | — | $587.8M | ||
| Q3 25 | — | $459.1M | ||
| Q2 25 | — | $367.2M | ||
| Q1 25 | — | $382.9M | ||
| Q4 24 | — | $325.4M | ||
| Q3 24 | — | $331.5M | ||
| Q2 24 | — | $327.4M |
总债务POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $968.0M | — | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | $879.1M | — | ||
| Q2 24 | $1.1B | — |
股东权益POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.6B | ||
| Q3 25 | $1.4B | $2.3B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.2B | $2.0B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.4B | $1.6B | ||
| Q2 24 | $1.4B | $1.4B |
总资产POOLWAT
| Q1 26 | $4.0B | — | ||
| Q4 25 | $3.6B | $5.1B | ||
| Q3 25 | $3.5B | $4.9B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.7B | $4.6B | ||
| Q4 24 | $3.4B | $4.6B | ||
| Q3 24 | $3.4B | $4.5B | ||
| Q2 24 | $3.6B | $4.4B |
负债/权益比POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | — | 0.55× | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.93× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | 0.61× | — | ||
| Q2 24 | 0.75× | — |
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 | $25.7M | $164.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.48× | 0.73× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流POOLWAT
| Q1 26 | $25.7M | — | ||
| Q4 25 | $80.1M | $164.6M | ||
| Q3 25 | $287.3M | $187.3M | ||
| Q2 25 | $-28.8M | $41.1M | ||
| Q1 25 | $27.2M | $259.6M | ||
| Q4 24 | $170.6M | $240.1M | ||
| Q3 24 | $316.5M | $204.6M | ||
| Q2 24 | $26.7M | $54.5M |
自由现金流POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | $71.9M | — | ||
| Q3 25 | $266.6M | — | ||
| Q2 25 | $-42.9M | — | ||
| Q1 25 | $13.9M | — | ||
| Q4 24 | $157.0M | — | ||
| Q3 24 | $305.5M | — | ||
| Q2 24 | $8.8M | — |
自由现金流率POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | — | ||
| Q3 25 | 18.4% | — | ||
| Q2 25 | -2.4% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 21.3% | — | ||
| Q2 24 | 0.5% | — |
资本支出强度POOLWAT
| Q1 26 | — | — | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 1.0% | — |
现金转化率POOLWAT
| Q1 26 | 0.48× | — | ||
| Q4 25 | 2.54× | 0.73× | ||
| Q3 25 | 2.26× | 1.26× | ||
| Q2 25 | -0.15× | 0.28× | ||
| Q1 25 | 0.51× | 2.14× | ||
| Q4 24 | 4.57× | 1.04× | ||
| Q3 24 | 2.52× | 1.27× | ||
| Q2 24 | 0.14× | 0.38× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
