vs
null（SWIM）与WAFD INC（WAFD）财务数据对比。点击上方公司名可切换其他公司
WAFD INC的季度营收约是null的1.9倍（$191.4M vs $100.0M），WAFD INC净利率更高（33.5% vs -7.0%，领先40.6%），null同比增速更快（14.5% vs 11.8%），WAFD INC自由现金流更多（$50.0M vs $14.1M），过去两年WAFD INC的营收复合增速更高（5.5% vs -4.9%）
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。
WAFD银行总部位于美国华盛顿州西雅图市，是美国头部银行之一，业务覆盖华盛顿州、俄勒冈州、爱达荷州、内华达州、犹他州、亚利桑那州、新墨西哥州、加利福尼亚州及得克萨斯州，共设有210家实体营业网点，为多州客户提供专业金融服务。
SWIM vs WAFD — 直观对比
营收规模更大
WAFD
是对方的1.9倍
$100.0M
营收增速更快
SWIM
高出2.7%
11.8%
净利率更高
WAFD
高出40.6%
-7.0%
自由现金流更多
WAFD
多$36.0M
$14.1M
两年增速更快
WAFD
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $100.0M | $191.4M |
| 净利润 | $-7.0M | $64.2M |
| 毛利率 | 28.0% | — |
| 营业利润率 | -10.7% | 43.0% |
| 净利率 | -7.0% | 33.5% |
| 营收同比 | 14.5% | 11.8% |
| 净利润同比 | 76.0% | 35.8% |
| 每股收益（稀释后） | $-0.06 | $0.79 |
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SWIMWAFD
| Q4 25 | $100.0M | $191.4M | ||
| Q3 25 | $161.9M | $188.3M | ||
| Q2 25 | $172.6M | $186.3M | ||
| Q1 25 | $111.4M | $179.8M | ||
| Q4 24 | $87.3M | $171.1M | ||
| Q3 24 | $150.5M | $188.7M | ||
| Q2 24 | $160.1M | $194.4M | ||
| Q1 24 | $110.6M | $172.0M |
净利润SWIMWAFD
| Q4 25 | $-7.0M | $64.2M | ||
| Q3 25 | $8.1M | $60.6M | ||
| Q2 25 | $16.0M | $62.0M | ||
| Q1 25 | $-6.0M | $56.3M | ||
| Q4 24 | $-29.2M | $47.3M | ||
| Q3 24 | $5.9M | $61.1M | ||
| Q2 24 | $13.3M | $64.6M | ||
| Q1 24 | $-7.9M | $15.9M |
毛利率SWIMWAFD
| Q4 25 | 28.0% | — | ||
| Q3 25 | 35.4% | — | ||
| Q2 25 | 37.1% | — | ||
| 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SWIMWAFD
| Q4 25 | -10.7% | 43.0% | ||
| Q3 25 | 13.3% | 41.2% | ||
| Q2 25 | 14.3% | 42.8% | ||
| Q1 25 | -4.4% | 40.1% | ||
| Q4 24 | -14.9% | 35.2% | ||
| Q3 24 | 8.9% | 42.8% | ||
| Q2 24 | 12.5% | 42.6% | ||
| Q1 24 | -1.9% | 12.2% |
净利率SWIMWAFD
| Q4 25 | -7.0% | 33.5% | ||
| Q3 25 | 5.0% | 32.2% | ||
| Q2 25 | 9.3% | 33.3% | ||
| Q1 25 | -5.4% | 31.3% | ||
| Q4 24 | -33.4% | 27.6% | ||
| Q3 24 | 3.9% | 32.4% | ||
| Q2 24 | 8.3% | 33.2% | ||
| Q1 24 | -7.1% | 9.2% |
每股收益（稀释后）SWIMWAFD
| Q4 25 | $-0.06 | $0.79 | ||
| Q3 25 | $0.07 | $0.71 | ||
| Q2 25 | $0.13 | $0.73 | ||
| Q1 25 | $-0.05 | $0.65 | ||
| Q4 24 | $-0.24 | $0.54 | ||
| Q3 24 | $0.05 | $0.73 | ||
| Q2 24 | $0.11 | $0.75 | ||
| Q1 24 | $-0.07 | $0.17 |
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 | — | $734.9M |
| 总债务越低越好 | $279.8M | — |
| 股东权益账面价值 | $405.9M | $3.0B |
| 总资产 | $823.2M | $27.3B |
| 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SWIMWAFD
| Q4 25 | — | $734.9M | ||
| Q3 25 | — | $657.3M | ||
| Q2 25 | — | $809.3M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $1.5B |
总债务SWIMWAFD
| 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SWIMWAFD
| Q4 25 | $405.9M | $3.0B | ||
| Q3 25 | $408.4M | $3.0B | ||
| Q2 25 | $398.4M | $3.0B | ||
| Q1 25 | $381.1M | $3.0B | ||
| Q4 24 | $387.2M | $3.0B | ||
| Q3 24 | $416.6M | $3.0B | ||
| Q2 24 | $408.1M | $3.0B | ||
| Q1 24 | $391.8M | $2.9B |
总资产SWIMWAFD
| Q4 25 | $823.2M | $27.3B | ||
| Q3 25 | $844.4M | $26.7B | ||
| Q2 25 | $822.1M | $26.7B | ||
| Q1 25 | $824.6M | $27.6B | ||
| Q4 24 | $794.2M | $27.7B | ||
| Q3 24 | $853.4M | $28.1B | ||
| Q2 24 | $830.0M | $28.6B | ||
| Q1 24 | $808.6M | $30.1B |
负债/权益比SWIMWAFD
| 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 | $60.5M |
| 自由现金流经营现金流 - 资本支出 | $14.1M | $50.0M |
| 自由现金流率自由现金流/营收 | 14.1% | 26.1% |
| 资本支出强度资本支出/营收 | 9.2% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.94× |
| 过去12个月自由现金流最近4个季度 | $38.0M | $377.9M |
8季度趋势，按日历期对齐
经营现金流SWIMWAFD
| Q4 25 | $23.3M | $60.5M | ||
| Q3 25 | $51.0M | $237.0M | ||
| Q2 25 | $36.0M | $58.0M | ||
| Q1 25 | $-46.9M | $72.1M | ||
| Q4 24 | $6.2M | $49.4M | ||
| Q3 24 | $37.2M | $439.2M | ||
| Q2 24 | $52.4M | $63.1M | ||
| Q1 24 | $-34.5M | $169.2M |
自由现金流SWIMWAFD
| Q4 25 | $14.1M | $50.0M | ||
| Q3 25 | $45.2M | $208.2M | ||
| Q2 25 | $29.1M | $53.1M | ||
| Q1 25 | $-50.3M | $66.6M | ||
| Q4 24 | $-98.0K | $43.0M | ||
| Q3 24 | $33.2M | $414.6M | ||
| Q2 24 | $47.9M | $58.3M | ||
| Q1 24 | $-39.9M | $164.8M |
自由现金流率SWIMWAFD
| Q4 25 | 14.1% | 26.1% | ||
| Q3 25 | 27.9% | 110.6% | ||
| Q2 25 | 16.8% | 28.5% | ||
| Q1 25 | -45.2% | 37.0% | ||
| Q4 24 | -0.1% | 25.1% | ||
| Q3 24 | 22.1% | 219.7% | ||
| Q2 24 | 29.9% | 30.0% | ||
| Q1 24 | -36.0% | 95.8% |
资本支出强度SWIMWAFD
| Q4 25 | 9.2% | 5.5% | ||
| Q3 25 | 3.6% | 15.2% | ||
| Q2 25 | 4.0% | 2.6% | ||
| Q1 25 | 3.1% | 3.1% | ||
| Q4 24 | 7.2% | 3.8% | ||
| Q3 24 | 2.7% | 13.1% | ||
| Q2 24 | 2.8% | 2.5% | ||
| Q1 24 | 4.8% | 2.6% |
现金转化率SWIMWAFD
| Q4 25 | — | 0.94× | ||
| Q3 25 | 6.29× | 3.91× | ||
| Q2 25 | 2.25× | 0.94× | ||
| Q1 25 | — | 1.28× | ||
| Q4 24 | — | 1.05× | ||
| Q3 24 | 6.32× | 7.18× | ||
| Q2 24 | 3.95× | 0.98× | ||
| Q1 24 | — | 10.65× |
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% |
WAFD
暂无分部数据
