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BRUNSWICK CORP（BC）与芝商所（CME）财务数据对比。点击上方公司名可切换其他公司
芝商所的季度营收约是BRUNSWICK CORP的1.4倍（$1.9B vs $1.3B），BRUNSWICK CORP净利率更高（1.4% vs 0.1%，领先1.3%），BRUNSWICK CORP同比增速更快（15.5% vs 14.5%），过去两年芝商所的营收复合增速更高（10.8% vs -1.1%）
美国Brunswick公司创立于1845年，专注于多品类产品的研发、生产与营销，旗下拥有知名海事品牌水星海事（Mercury Marine）等多个品牌。目前集团在24个国家拥有超1.3万名员工，2024年销售额达52亿美元，全球总部位于伊利诺伊州芝加哥北郊的梅塔瓦。
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
BC vs CME — 直观对比
营收规模更大
CME
是对方的1.4倍
$1.3B
营收增速更快
BC
高出1.0%
14.5%
净利率更高
BC
高出1.3%
0.1%
两年增速更快
CME
近两年复合增速
-1.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.9B |
| 净利润 | $18.7M | $1.2M |
| 毛利率 | 23.1% | — |
| 营业利润率 | 3.1% | 0.1% |
| 净利率 | 1.4% | 0.1% |
| 营收同比 | 15.5% | 14.5% |
| 净利润同比 | 122.7% | 20.7% |
| 每股收益（稀释后） | $0.32 | — |
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BCCME
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.3B | $1.6B | ||
| Q2 24 | $1.4B | $1.5B |
净利润BCCME
| Q1 26 | — | $1.2M | ||
| Q4 25 | $18.7M | $1.2B | ||
| Q3 25 | $-235.5M | $908.0M | ||
| Q2 25 | $59.3M | $1.0B | ||
| Q1 25 | $20.2M | $956.2M | ||
| Q4 24 | $-82.5M | $874.6M | ||
| Q3 24 | $44.6M | $912.8M | ||
| Q2 24 | $100.0M | $883.2M |
毛利率BCCME
| Q1 26 | — | — | ||
| Q4 25 | 23.1% | — | ||
| Q3 25 | 25.8% | — | ||
| Q2 25 | 25.5% | — | ||
| Q1 25 | 24.9% | — | ||
| Q4 24 | 21.9% | — | ||
| Q3 24 | 26.2% | — | ||
| Q2 24 | 27.1% | — |
营业利润率BCCME
| Q1 26 | — | 0.1% | ||
| Q4 25 | 3.1% | 61.8% | ||
| Q3 25 | -17.8% | 63.3% | ||
| Q2 25 | 7.1% | 66.7% | ||
| Q1 25 | 4.6% | 67.5% | ||
| Q4 24 | -4.8% | 62.1% | ||
| Q3 24 | 7.7% | 64.6% | ||
| Q2 24 | 11.0% | 65.3% |
净利率BCCME
| Q1 26 | — | 0.1% | ||
| Q4 25 | 1.4% | 71.7% | ||
| Q3 25 | -17.3% | 59.1% | ||
| Q2 25 | 4.1% | 60.6% | ||
| Q1 25 | 1.7% | 58.2% | ||
| Q4 24 | -7.1% | 57.3% | ||
| Q3 24 | 3.5% | 57.6% | ||
| Q2 24 | 6.9% | 57.6% |
每股收益（稀释后）BCCME
| Q1 26 | — | — | ||
| Q4 25 | $0.32 | $3.24 | ||
| Q3 25 | $-3.59 | $2.49 | ||
| Q2 25 | $0.89 | $2.81 | ||
| Q1 25 | $0.30 | $2.62 | ||
| Q4 24 | $-1.21 | $2.40 | ||
| Q3 24 | $0.67 | $2.50 | ||
| Q2 24 | $1.48 | $2.42 |
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 | $256.8M | $2.4B |
| 总债务越低越好 | $2.1B | $3.4B |
| 股东权益账面价值 | $1.6B | — |
| 总资产 | $5.3B | $202.0B |
| 负债/权益比越低杠杆越低 | 1.30× | — |
8季度趋势，按日历期对齐
现金及短期投资BCCME
| Q1 26 | — | $2.4B | ||
| Q4 25 | $256.8M | $4.5B | ||
| Q3 25 | $297.7M | $2.6B | ||
| Q2 25 | $315.7M | $2.1B | ||
| Q1 25 | $286.7M | $1.5B | ||
| Q4 24 | $269.0M | $3.0B | ||
| Q3 24 | $284.1M | $2.4B | ||
| Q2 24 | $494.5M | $1.9B |
总债务BCCME
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益BCCME
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $28.7B | ||
| Q3 25 | $1.6B | $28.2B | ||
| Q2 25 | $1.9B | $27.7B | ||
| Q1 25 | $1.9B | $27.0B | ||
| Q4 24 | $1.9B | $26.5B | ||
| Q3 24 | $2.0B | $28.2B | ||
| Q2 24 | $2.0B | $27.6B |
总资产BCCME
| Q1 26 | — | $202.0B | ||
| Q4 25 | $5.3B | $198.4B | ||
| Q3 25 | $5.4B | $187.1B | ||
| Q2 25 | $5.8B | $179.9B | ||
| Q1 25 | $5.9B | $157.8B | ||
| Q4 24 | $5.7B | $137.4B | ||
| Q3 24 | $6.0B | $137.8B | ||
| Q2 24 | $6.4B | $123.4B |
负债/权益比BCCME
| Q1 26 | — | — | ||
| Q4 25 | 1.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $132.9M | — |
| 自由现金流经营现金流 - 资本支出 | $83.6M | — |
| 自由现金流率自由现金流/营收 | 6.3% | — |
| 资本支出强度资本支出/营收 | 3.7% | — |
| 现金转化率经营现金流/净利润 | 7.11× | — |
| 过去12个月自由现金流最近4个季度 | $396.3M | — |
8季度趋势，按日历期对齐
经营现金流BCCME
| Q1 26 | — | — | ||
| Q4 25 | $132.9M | $1.1B | ||
| Q3 25 | $140.4M | $968.1M | ||
| Q2 25 | $316.2M | $1.1B | ||
| Q1 25 | $-27.4M | $1.1B | ||
| Q4 24 | $306.4M | $1.0B | ||
| Q3 24 | $67.4M | $1.0B | ||
| Q2 24 | $211.0M | $776.9M |
自由现金流BCCME
| Q1 26 | — | — | ||
| Q4 25 | $83.6M | $1.1B | ||
| Q3 25 | $106.5M | $949.7M | ||
| Q2 25 | $271.3M | $1.0B | ||
| Q1 25 | $-65.1M | $1.1B | ||
| Q4 24 | $276.1M | $991.7M | ||
| Q3 24 | $31.4M | $973.2M | ||
| Q2 24 | $163.9M | $758.7M |
自由现金流率BCCME
| Q1 26 | — | — | ||
| Q4 25 | 6.3% | 66.8% | ||
| Q3 25 | 7.8% | 61.8% | ||
| Q2 25 | 18.7% | 61.5% | ||
| Q1 25 | -5.3% | 67.1% | ||
| Q4 24 | 23.9% | 65.0% | ||
| Q3 24 | 2.5% | 61.4% | ||
| Q2 24 | 11.4% | 49.5% |
资本支出强度BCCME
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 2.0% | ||
| Q3 25 | 2.5% | 1.2% | ||
| Q2 25 | 3.1% | 1.1% | ||
| Q1 25 | 3.1% | 0.9% | ||
| Q4 24 | 2.6% | 1.7% | ||
| Q3 24 | 2.8% | 1.9% | ||
| Q2 24 | 3.3% | 1.2% |
现金转化率BCCME
| Q1 26 | — | — | ||
| Q4 25 | 7.11× | 0.96× | ||
| Q3 25 | — | 1.07× | ||
| Q2 25 | 5.33× | 1.03× | ||
| Q1 25 | -1.36× | 1.17× | ||
| Q4 24 | — | 1.16× | ||
| Q3 24 | 1.51× | 1.10× | ||
| Q2 24 | 2.11× | 0.88× |
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
BC
| Engine Partsand Accessories | $532.4M | 40% |
| Navico Group | $452.9M | 34% |
| Recreational Fiberglass Boats | $111.6M | 8% |
| Saltwater Fishing Boats | $85.7M | 6% |
| Controls Riggingand Propellers | $78.3M | 6% |
| Business Acceleration | $48.1M | 4% |
| Sterndrive Engine | $32.6M | 2% |
CME
暂无分部数据
