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Worthington Steel, Inc.（WS）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
Worthington Steel, Inc.的季度营收约是WillScot Holdings Corp的1.5倍（$871.9M vs $566.0M），Worthington Steel, Inc.净利率更高（2.2% vs -33.1%，领先35.3%），Worthington Steel, Inc.同比增速更快（18.0% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $74.6M），过去两年Worthington Steel, Inc.的营收复合增速更高（3.9% vs -1.8%）
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
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。
WS vs WSC — 直观对比
营收规模更大
WS
是对方的1.5倍
$566.0M
营收增速更快
WS
高出24.0%
-6.1%
净利率更高
WS
高出35.3%
-33.1%
自由现金流更多
WSC
多$75.1M
$74.6M
两年增速更快
WS
近两年复合增速
-1.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $871.9M | $566.0M |
| 净利润 | $18.8M | $-187.3M |
| 毛利率 | 10.7% | 50.4% |
| 营业利润率 | 2.5% | -32.5% |
| 净利率 | 2.2% | -33.1% |
| 营收同比 | 18.0% | -6.1% |
| 净利润同比 | 46.9% | -310.0% |
| 每股收益（稀释后） | $0.37 | $-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WSWSC
| Q4 25 | $871.9M | $566.0M | ||
| Q3 25 | $872.9M | $566.8M | ||
| Q2 25 | $832.9M | $589.1M | ||
| Q1 25 | $687.4M | $559.6M | ||
| Q4 24 | $739.0M | $602.5M | ||
| Q3 24 | $834.0M | $601.4M | ||
| Q2 24 | — | $604.6M | ||
| Q1 24 | $805.8M | $587.2M |
净利润WSWSC
| Q4 25 | $18.8M | $-187.3M | ||
| Q3 25 | $36.8M | $43.3M | ||
| Q2 25 | $55.7M | $47.9M | ||
| Q1 25 | $13.8M | $43.1M | ||
| Q4 24 | $12.8M | $89.2M | ||
| Q3 24 | $28.4M | $-70.5M | ||
| Q2 24 | — | $-46.9M | ||
| Q1 24 | $49.0M | $56.2M |
毛利率WSWSC
| Q4 25 | 10.7% | 50.4% | ||
| Q3 25 | 13.2% | 49.7% | ||
| Q2 25 | 15.2% | 50.3% | ||
| Q1 25 | 11.8% | 53.7% | ||
| Q4 24 | 10.8% | 55.8% | ||
| Q3 24 | 12.0% | 53.5% | ||
| Q2 24 | — | 54.1% | ||
| Q1 24 | 14.9% | 54.0% |
营业利润率WSWSC
| Q4 25 | 2.5% | -32.5% | ||
| Q3 25 | 5.5% | 21.0% | ||
| Q2 25 | 8.0% | 21.5% | ||
| Q1 25 | 2.7% | 21.3% | ||
| Q4 24 | 2.6% | 28.9% | ||
| Q3 24 | 5.2% | -5.9% | ||
| Q2 24 | — | -0.9% | ||
| Q1 24 | 8.2% | 22.1% |
净利率WSWSC
| Q4 25 | 2.2% | -33.1% | ||
| Q3 25 | 4.2% | 7.6% | ||
| Q2 25 | 6.7% | 8.1% | ||
| Q1 25 | 2.0% | 7.7% | ||
| Q4 24 | 1.7% | 14.8% | ||
| Q3 24 | 3.4% | -11.7% | ||
| Q2 24 | — | -7.7% | ||
| Q1 24 | 6.1% | 9.6% |
每股收益（稀释后）WSWSC
| Q4 25 | $0.37 | $-1.02 | ||
| Q3 25 | $0.72 | $0.24 | ||
| Q2 25 | $1.11 | $0.26 | ||
| Q1 25 | $0.27 | $0.23 | ||
| Q4 24 | $0.25 | $0.48 | ||
| Q3 24 | $0.56 | $-0.37 | ||
| Q2 24 | — | $-0.25 | ||
| Q1 24 | $0.98 | $0.29 |
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 | $89.8M | $14.6M |
| 总债务越低越好 | $72.1M | $3.6B |
| 股东权益账面价值 | $1.1B | $856.3M |
| 总资产 | $2.1B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.06× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资WSWSC
| Q4 25 | $89.8M | $14.6M | ||
| Q3 25 | $78.3M | $14.8M | ||
| Q2 25 | $38.0M | $12.8M | ||
| Q1 25 | $63.3M | $10.7M | ||
| Q4 24 | $52.0M | $9.0M | ||
| Q3 24 | $36.0M | $11.0M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | $60.8M | $13.1M |
总债务WSWSC
| Q4 25 | $72.1M | $3.6B | ||
| Q3 25 | $73.4M | $3.6B | ||
| Q2 25 | $151.5M | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $115.0M | $3.7B | ||
| Q3 24 | $122.2M | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | $147.2M | $3.5B |
股东权益WSWSC
| Q4 25 | $1.1B | $856.3M | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $937.6M | $1.3B |
总资产WSWSC
| Q4 25 | $2.1B | $5.8B | ||
| Q3 25 | $2.2B | $6.1B | ||
| Q2 25 | $2.0B | $6.1B | ||
| Q1 25 | $1.8B | $6.0B | ||
| Q4 24 | $1.7B | $6.0B | ||
| Q3 24 | $1.8B | $6.0B | ||
| Q2 24 | — | $6.0B | ||
| Q1 24 | $1.8B | $6.2B |
负债/权益比WSWSC
| Q4 25 | 0.06× | 4.15× | ||
| Q3 25 | 0.07× | 3.39× | ||
| Q2 25 | 0.14× | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | 0.11× | 3.62× | ||
| Q3 24 | 0.12× | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | 0.16× | 2.63× |
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 | $99.3M | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $74.6M | $149.7M |
| 自由现金流率自由现金流/营收 | 8.6% | 26.5% |
| 资本支出强度资本支出/营收 | 2.8% | 1.6% |
| 现金转化率经营现金流/净利润 | 5.28× | — |
| 过去12个月自由现金流最近4个季度 | $72.5M | $737.7M |
8季度趋势，按日历期对齐
经营现金流WSWSC
| Q4 25 | $99.3M | $158.9M | ||
| Q3 25 | $-6.3M | $191.2M | ||
| Q2 25 | $53.9M | $205.3M | ||
| Q1 25 | $53.8M | $206.6M | ||
| Q4 24 | $68.0M | $178.9M | ||
| Q3 24 | $54.6M | $-1.6M | ||
| Q2 24 | — | $175.6M | ||
| Q1 24 | $44.7M | $208.7M |
自由现金流WSWSC
| Q4 25 | $74.6M | $149.7M | ||
| Q3 25 | $-35.7M | $186.9M | ||
| Q2 25 | $8.4M | $199.0M | ||
| Q1 25 | $25.2M | $202.0M | ||
| Q4 24 | $33.2M | $176.6M | ||
| Q3 24 | $33.1M | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | $22.3M | $202.1M |
自由现金流率WSWSC
| Q4 25 | 8.6% | 26.5% | ||
| Q3 25 | -4.1% | 33.0% | ||
| Q2 25 | 1.0% | 33.8% | ||
| Q1 25 | 3.7% | 36.1% | ||
| Q4 24 | 4.5% | 29.3% | ||
| Q3 24 | 4.0% | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | 2.8% | 34.4% |
资本支出强度WSWSC
| Q4 25 | 2.8% | 1.6% | ||
| Q3 25 | 3.4% | 0.7% | ||
| Q2 25 | 5.5% | 1.1% | ||
| Q1 25 | 4.2% | 0.8% | ||
| Q4 24 | 4.7% | 0.4% | ||
| Q3 24 | 2.6% | 0.6% | ||
| Q2 24 | — | 1.0% | ||
| Q1 24 | 2.8% | 1.1% |
现金转化率WSWSC
| Q4 25 | 5.28× | — | ||
| Q3 25 | -0.17× | 4.41× | ||
| Q2 25 | 0.97× | 4.28× | ||
| Q1 25 | 3.90× | 4.80× | ||
| Q4 24 | 5.31× | 2.01× | ||
| Q3 24 | 1.92× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.91× | 3.71× |
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
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
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% |
