vs
null（SWIM）与Thermon Group Holdings, Inc.（THR）财务数据对比。点击上方公司名可切换其他公司
Thermon Group Holdings, Inc.的季度营收约是null的1.5倍（$147.3M vs $100.0M），Thermon Group Holdings, Inc.净利率更高（12.4% vs -7.0%，领先19.4%），null同比增速更快（14.5% vs 9.6%），null自由现金流更多（$14.1M vs $13.1M）
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
Thermon Group Holdings是全球专业热管理解决方案供应商，主打伴热系统、加热电缆、温控监测设备及相关安装支持服务，服务油气、化工、发电、食品饮料等核心工业领域，业务覆盖北美、欧洲、亚太、拉美等全球主要市场。
SWIM vs THR — 直观对比
营收规模更大
THR
是对方的1.5倍
$100.0M
营收增速更快
SWIM
高出4.9%
9.6%
净利率更高
THR
高出19.4%
-7.0%
自由现金流更多
SWIM
多$1.0M
$13.1M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $100.0M | $147.3M |
| 净利润 | $-7.0M | $18.3M |
| 毛利率 | 28.0% | 46.6% |
| 营业利润率 | -10.7% | 18.1% |
| 净利率 | -7.0% | 12.4% |
| 营收同比 | 14.5% | 9.6% |
| 净利润同比 | 76.0% | -1.3% |
| 每股收益（稀释后） | $-0.06 | $0.55 |
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SWIMTHR
| Q4 25 | $100.0M | $147.3M | ||
| Q3 25 | $161.9M | $131.7M | ||
| Q2 25 | $172.6M | $108.9M | ||
| Q1 25 | $111.4M | — | ||
| Q4 24 | $87.3M | — | ||
| Q3 24 | $150.5M | — | ||
| Q2 24 | $160.1M | — | ||
| Q1 24 | $110.6M | — |
净利润SWIMTHR
| Q4 25 | $-7.0M | $18.3M | ||
| Q3 25 | $8.1M | $15.0M | ||
| Q2 25 | $16.0M | $8.6M | ||
| Q1 25 | $-6.0M | — | ||
| Q4 24 | $-29.2M | — | ||
| Q3 24 | $5.9M | — | ||
| Q2 24 | $13.3M | — | ||
| Q1 24 | $-7.9M | — |
毛利率SWIMTHR
| Q4 25 | 28.0% | 46.6% | ||
| Q3 25 | 35.4% | 46.4% | ||
| Q2 25 | 37.1% | 44.1% | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 32.4% | — | ||
| Q2 24 | 33.1% | — | ||
| Q1 24 | 27.7% | — |
营业利润率SWIMTHR
| Q4 25 | -10.7% | 18.1% | ||
| Q3 25 | 13.3% | 16.4% | ||
| Q2 25 | 14.3% | 10.8% | ||
| Q1 25 | -4.4% | — | ||
| Q4 24 | -14.9% | — | ||
| Q3 24 | 8.9% | — | ||
| Q2 24 | 12.5% | — | ||
| Q1 24 | -1.9% | — |
净利率SWIMTHR
| Q4 25 | -7.0% | 12.4% | ||
| Q3 25 | 5.0% | 11.4% | ||
| Q2 25 | 9.3% | 7.9% | ||
| Q1 25 | -5.4% | — | ||
| Q4 24 | -33.4% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 8.3% | — | ||
| Q1 24 | -7.1% | — |
每股收益（稀释后）SWIMTHR
| Q4 25 | $-0.06 | $0.55 | ||
| Q3 25 | $0.07 | $0.45 | ||
| Q2 25 | $0.13 | $0.26 | ||
| Q1 25 | $-0.05 | — | ||
| Q4 24 | $-0.24 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $0.11 | — | ||
| Q1 24 | $-0.07 | — |
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 | — | $46.9M |
| 总债务越低越好 | $279.8M | — |
| 股东权益账面价值 | $405.9M | $538.7M |
| 总资产 | $823.2M | $816.7M |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资SWIMTHR
| Q4 25 | — | $46.9M | ||
| Q3 25 | — | $29.7M | ||
| Q2 25 | — | $36.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务SWIMTHR
| Q4 25 | $279.8M | — | ||
| Q3 25 | $281.1M | — | ||
| Q2 25 | $281.5M | — | ||
| Q1 25 | $306.9M | — | ||
| Q4 24 | $281.5M | — | ||
| Q3 24 | $282.8M | — | ||
| Q2 24 | $282.4M | — | ||
| Q1 24 | $282.8M | — |
股东权益SWIMTHR
| Q4 25 | $405.9M | $538.7M | ||
| Q3 25 | $408.4M | $515.2M | ||
| Q2 25 | $398.4M | $509.3M | ||
| Q1 25 | $381.1M | — | ||
| Q4 24 | $387.2M | — | ||
| Q3 24 | $416.6M | — | ||
| Q2 24 | $408.1M | — | ||
| Q1 24 | $391.8M | — |
总资产SWIMTHR
| Q4 25 | $823.2M | $816.7M | ||
| Q3 25 | $844.4M | $778.2M | ||
| Q2 25 | $822.1M | $765.3M | ||
| Q1 25 | $824.6M | — | ||
| Q4 24 | $794.2M | — | ||
| Q3 24 | $853.4M | — | ||
| Q2 24 | $830.0M | — | ||
| Q1 24 | $808.6M | — |
负债/权益比SWIMTHR
| Q4 25 | 0.69× | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.68× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 0.72× | — |
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 | $23.3M | $18.0M |
| 自由现金流经营现金流 - 资本支出 | $14.1M | $13.1M |
| 自由现金流率自由现金流/营收 | 14.1% | 8.9% |
| 资本支出强度资本支出/营收 | 9.2% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 0.98× |
| 过去12个月自由现金流最近4个季度 | $38.0M | — |
8季度趋势，按日历期对齐
经营现金流SWIMTHR
| Q4 25 | $23.3M | $18.0M | ||
| Q3 25 | $51.0M | $7.4M | ||
| Q2 25 | $36.0M | $10.7M | ||
| Q1 25 | $-46.9M | — | ||
| Q4 24 | $6.2M | — | ||
| Q3 24 | $37.2M | — | ||
| Q2 24 | $52.4M | — | ||
| Q1 24 | $-34.5M | — |
自由现金流SWIMTHR
| Q4 25 | $14.1M | $13.1M | ||
| Q3 25 | $45.2M | $4.4M | ||
| Q2 25 | $29.1M | $8.3M | ||
| Q1 25 | $-50.3M | — | ||
| Q4 24 | $-98.0K | — | ||
| Q3 24 | $33.2M | — | ||
| Q2 24 | $47.9M | — | ||
| Q1 24 | $-39.9M | — |
自由现金流率SWIMTHR
| Q4 25 | 14.1% | 8.9% | ||
| Q3 25 | 27.9% | 3.3% | ||
| Q2 25 | 16.8% | 7.6% | ||
| Q1 25 | -45.2% | — | ||
| Q4 24 | -0.1% | — | ||
| Q3 24 | 22.1% | — | ||
| Q2 24 | 29.9% | — | ||
| Q1 24 | -36.0% | — |
资本支出强度SWIMTHR
| Q4 25 | 9.2% | 3.3% | ||
| Q3 25 | 3.6% | 2.3% | ||
| Q2 25 | 4.0% | 2.2% | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 7.2% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 4.8% | — |
现金转化率SWIMTHR
| Q4 25 | — | 0.98× | ||
| Q3 25 | 6.29× | 0.50× | ||
| Q2 25 | 2.25× | 1.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.32× | — | ||
| Q2 24 | 3.95× | — | ||
| 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
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
THR
| Other | $73.7M | 50% |
| Transferred At Point In Time | $56.1M | 38% |
| Transferred Over Time | $17.5M | 12% |
