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思佳讯（SWKS）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
思佳讯的季度营收约是WillScot Holdings Corp的1.8倍（$1.0B vs $566.0M），思佳讯净利率更高（7.6% vs -33.1%，领先40.7%），思佳讯同比增速更快（8.6% vs -6.1%），思佳讯自由现金流更多（$339.0M vs $149.7M），过去两年思佳讯的营收复合增速更高（-0.5% vs -1.8%）
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
SWKS vs WSC — 直观对比
营收规模更大
SWKS
是对方的1.8倍
$566.0M
营收增速更快
SWKS
高出14.7%
-6.1%
净利率更高
SWKS
高出40.7%
-33.1%
自由现金流更多
SWKS
多$189.3M
$149.7M
两年增速更快
SWKS
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $566.0M |
| 净利润 | $79.2M | $-187.3M |
| 毛利率 | 41.3% | 50.4% |
| 营业利润率 | 10.0% | -32.5% |
| 净利率 | 7.6% | -33.1% |
| 营收同比 | 8.6% | -6.1% |
| 净利润同比 | 15.3% | -310.0% |
| 每股收益（稀释后） | $0.53 | $-1.02 |
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SWKSWSC
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.1B | $566.0M | ||
| Q3 25 | — | $566.8M | ||
| Q2 25 | $965.0M | $589.1M | ||
| Q1 25 | $953.2M | $559.6M | ||
| Q4 24 | $1.1B | $602.5M | ||
| Q3 24 | $1.0B | $601.4M | ||
| Q2 24 | $905.5M | $604.6M |
净利润SWKSWSC
| Q1 26 | $79.2M | — | ||
| Q4 25 | $141.4M | $-187.3M | ||
| Q3 25 | — | $43.3M | ||
| Q2 25 | $105.0M | $47.9M | ||
| Q1 25 | $68.7M | $43.1M | ||
| Q4 24 | $162.0M | $89.2M | ||
| Q3 24 | $60.5M | $-70.5M | ||
| Q2 24 | $120.9M | $-46.9M |
毛利率SWKSWSC
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.7% | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | 41.6% | 50.3% | ||
| Q1 25 | 41.1% | 53.7% | ||
| Q4 24 | 41.4% | 55.8% | ||
| Q3 24 | 41.9% | 53.5% | ||
| Q2 24 | 40.2% | 54.1% |
营业利润率SWKSWSC
| Q1 26 | 10.0% | — | ||
| Q4 25 | 10.1% | -32.5% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | 11.5% | 21.5% | ||
| Q1 25 | 10.2% | 21.3% | ||
| Q4 24 | 16.9% | 28.9% | ||
| Q3 24 | 5.8% | -5.9% | ||
| Q2 24 | 14.4% | -0.9% |
净利率SWKSWSC
| Q1 26 | 7.6% | — | ||
| Q4 25 | 12.9% | -33.1% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | 10.9% | 8.1% | ||
| Q1 25 | 7.2% | 7.7% | ||
| Q4 24 | 15.2% | 14.8% | ||
| Q3 24 | 5.9% | -11.7% | ||
| Q2 24 | 13.4% | -7.7% |
每股收益（稀释后）SWKSWSC
| Q1 26 | $0.53 | — | ||
| Q4 25 | $0.95 | $-1.02 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | $0.70 | $0.26 | ||
| Q1 25 | $0.43 | $0.23 | ||
| Q4 24 | $1.00 | $0.48 | ||
| Q3 24 | $0.36 | $-0.37 | ||
| Q2 24 | $0.75 | $-0.25 |
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 | $1.6B | $14.6M |
| 总债务越低越好 | $496.6M | $3.6B |
| 股东权益账面价值 | $5.8B | $856.3M |
| 总资产 | $7.9B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.09× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资SWKSWSC
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.4B | $14.6M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | $1.3B | $12.8M | ||
| Q1 25 | $1.5B | $10.7M | ||
| Q4 24 | $1.7B | $9.0M | ||
| Q3 24 | $1.6B | $11.0M | ||
| Q2 24 | $1.3B | $5.9M |
总债务SWKSWSC
| Q1 26 | $496.6M | — | ||
| Q4 25 | $496.4M | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | $496.2M | $3.7B | ||
| Q1 25 | $995.1M | $3.6B | ||
| Q4 24 | $994.7M | $3.7B | ||
| Q3 24 | $994.3M | $3.6B | ||
| Q2 24 | $994.0M | $3.5B |
股东权益SWKSWSC
| Q1 26 | $5.8B | — | ||
| Q4 25 | $5.8B | $856.3M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $5.7B | $1.0B | ||
| Q1 25 | $5.9B | $1.0B | ||
| Q4 24 | $6.4B | $1.0B | ||
| Q3 24 | $6.3B | $1.1B | ||
| Q2 24 | $6.3B | $1.2B |
总资产SWKSWSC
| Q1 26 | $7.9B | — | ||
| Q4 25 | $7.9B | $5.8B | ||
| Q3 25 | — | $6.1B | ||
| Q2 25 | $7.7B | $6.1B | ||
| Q1 25 | $7.9B | $6.0B | ||
| Q4 24 | $8.3B | $6.0B | ||
| Q3 24 | $8.3B | $6.0B | ||
| Q2 24 | $8.2B | $6.0B |
负债/权益比SWKSWSC
| Q1 26 | 0.09× | — | ||
| Q4 25 | 0.09× | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | 0.09× | 3.55× | ||
| Q1 25 | 0.17× | 3.56× | ||
| Q4 24 | 0.16× | 3.62× | ||
| Q3 24 | 0.16× | 3.42× | ||
| Q2 24 | 0.16× | 2.88× |
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 | $395.5M | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $339.0M | $149.7M |
| 自由现金流率自由现金流/营收 | 32.7% | 26.5% |
| 资本支出强度资本支出/营收 | 5.5% | 1.6% |
| 现金转化率经营现金流/净利润 | 4.99× | — |
| 过去12个月自由现金流最近4个季度 | $1.1B | $737.7M |
8季度趋势，按日历期对齐
经营现金流SWKSWSC
| Q1 26 | $395.5M | — | ||
| Q4 25 | $200.0M | $158.9M | ||
| Q3 25 | — | $191.2M | ||
| Q2 25 | $314.2M | $205.3M | ||
| Q1 25 | $409.4M | $206.6M | ||
| Q4 24 | $377.2M | $178.9M | ||
| Q3 24 | $476.1M | $-1.6M | ||
| Q2 24 | $273.4M | $175.6M |
自由现金流SWKSWSC
| Q1 26 | $339.0M | — | ||
| Q4 25 | $144.0M | $149.7M | ||
| Q3 25 | — | $186.9M | ||
| Q2 25 | $252.7M | $199.0M | ||
| Q1 25 | $370.9M | $202.0M | ||
| Q4 24 | $338.2M | $176.6M | ||
| Q3 24 | $393.3M | $-4.9M | ||
| Q2 24 | $249.0M | $169.4M |
自由现金流率SWKSWSC
| Q1 26 | 32.7% | — | ||
| Q4 25 | 13.1% | 26.5% | ||
| Q3 25 | — | 33.0% | ||
| Q2 25 | 26.2% | 33.8% | ||
| Q1 25 | 38.9% | 36.1% | ||
| Q4 24 | 31.7% | 29.3% | ||
| Q3 24 | 38.4% | -0.8% | ||
| Q2 24 | 27.5% | 28.0% |
资本支出强度SWKSWSC
| Q1 26 | 5.5% | — | ||
| Q4 25 | 5.1% | 1.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 6.4% | 1.1% | ||
| Q1 25 | 4.0% | 0.8% | ||
| Q4 24 | 3.6% | 0.4% | ||
| Q3 24 | 8.1% | 0.6% | ||
| Q2 24 | 2.7% | 1.0% |
现金转化率SWKSWSC
| Q1 26 | 4.99× | — | ||
| Q4 25 | 1.41× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | 2.99× | 4.28× | ||
| Q1 25 | 5.96× | 4.80× | ||
| Q4 24 | 2.33× | 2.01× | ||
| Q3 24 | 7.87× | — | ||
| Q2 24 | 2.26× | — |
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
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
