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纽约梅隆银行（BK）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纽约梅隆银行的1.4倍（$1.9B vs $1.3B），纽约梅隆银行净利率更高（108.5% vs 0.1%，领先108.5%），芝商所同比增速更快（14.5% vs 12.7%），过去两年纽约梅隆银行的营收复合增速更高（13.8% vs 10.8%）
纽约梅隆银行是总部位于美国纽约的全球性金融服务机构，2007年7月由纽约银行与梅隆金融公司合并组建而成，业务覆盖全球众多市场，为机构、企业及个人客户提供专业金融服务，在资产管理、证券服务等领域拥有领先的行业地位。
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。
BK 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
CME
高出1.7%
12.7%
净利率更高
BK
高出108.5%
0.1%
两年增速更快
BK
近两年复合增速
10.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.9B |
| 净利润 | $1.5B | $1.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 0.1% |
| 净利率 | 108.5% | 0.1% |
| 营收同比 | 12.7% | 14.5% |
| 净利润同比 | 26.5% | 20.7% |
| 每股收益（稀释后） | $2.01 | — |
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BKCME
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $1.2B | $1.6B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.0B | $1.5B |
净利润BKCME
| Q1 26 | — | $1.2M | ||
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.4B | $908.0M | ||
| Q2 25 | $1.4B | $1.0B | ||
| Q1 25 | $1.2B | $956.2M | ||
| Q4 24 | $1.2B | $874.6M | ||
| Q3 24 | $1.2B | $912.8M | ||
| Q2 24 | $1.2B | $883.2M |
营业利润率BKCME
| Q1 26 | — | 0.1% | ||
| Q4 25 | — | 61.8% | ||
| Q3 25 | — | 63.3% | ||
| Q2 25 | — | 66.7% | ||
| Q1 25 | — | 67.5% | ||
| Q4 24 | — | 62.1% | ||
| Q3 24 | — | 64.6% | ||
| Q2 24 | — | 65.3% |
净利率BKCME
| Q1 26 | — | 0.1% | ||
| Q4 25 | 108.5% | 71.7% | ||
| Q3 25 | 116.9% | 59.1% | ||
| Q2 25 | 118.3% | 60.6% | ||
| Q1 25 | 105.3% | 58.2% | ||
| Q4 24 | 96.7% | 57.3% | ||
| Q3 24 | 112.8% | 57.6% | ||
| Q2 24 | 113.4% | 57.6% |
每股收益（稀释后）BKCME
| Q1 26 | — | — | ||
| Q4 25 | $2.01 | $3.24 | ||
| Q3 25 | $1.88 | $2.49 | ||
| Q2 25 | $1.93 | $2.81 | ||
| Q1 25 | $1.58 | $2.62 | ||
| Q4 24 | $1.53 | $2.40 | ||
| Q3 24 | $1.50 | $2.50 | ||
| Q2 24 | $1.52 | $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 | $5.1B | $2.4B |
| 总债务越低越好 | $31.9B | $3.4B |
| 股东权益账面价值 | $44.3B | — |
| 总资产 | $472.3B | $202.0B |
| 负债/权益比越低杠杆越低 | 0.72× | — |
8季度趋势，按日历期对齐
现金及短期投资BKCME
| Q1 26 | — | $2.4B | ||
| Q4 25 | $5.1B | $4.5B | ||
| Q3 25 | $5.1B | $2.6B | ||
| Q2 25 | $5.7B | $2.1B | ||
| Q1 25 | $5.4B | $1.5B | ||
| Q4 24 | $4.2B | $3.0B | ||
| Q3 24 | $6.2B | $2.4B | ||
| Q2 24 | $5.3B | $1.9B |
总债务BKCME
| Q1 26 | — | $3.4B | ||
| Q4 25 | $31.9B | — | ||
| Q3 25 | $32.3B | — | ||
| Q2 25 | $33.4B | — | ||
| Q1 25 | $30.9B | — | ||
| Q4 24 | $30.9B | — | ||
| Q3 24 | $33.2B | — | ||
| Q2 24 | $30.9B | — |
股东权益BKCME
| Q1 26 | — | — | ||
| Q4 25 | $44.3B | $28.7B | ||
| Q3 25 | $43.9B | $28.2B | ||
| Q2 25 | $44.0B | $27.7B | ||
| Q1 25 | $43.1B | $27.0B | ||
| Q4 24 | $41.3B | $26.5B | ||
| Q3 24 | $42.0B | $28.2B | ||
| Q2 24 | $40.8B | $27.6B |
总资产BKCME
| Q1 26 | — | $202.0B | ||
| Q4 25 | $472.3B | $198.4B | ||
| Q3 25 | $455.3B | $187.1B | ||
| Q2 25 | $485.8B | $179.9B | ||
| Q1 25 | $440.7B | $157.8B | ||
| Q4 24 | $416.1B | $137.4B | ||
| Q3 24 | $427.5B | $137.8B | ||
| Q2 24 | $428.5B | $123.4B |
负债/权益比BKCME
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 0.76× | — |
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 | $5.2B | — |
| 自由现金流经营现金流 - 资本支出 | $4.7B | — |
| 自由现金流率自由现金流/营收 | 352.8% | — |
| 资本支出强度资本支出/营收 | 32.4% | — |
| 现金转化率经营现金流/净利润 | 3.55× | — |
| 过去12个月自由现金流最近4个季度 | $5.2B | — |
8季度趋势，按日历期对齐
经营现金流BKCME
| Q1 26 | — | — | ||
| Q4 25 | $5.2B | $1.1B | ||
| Q3 25 | $-1.1B | $968.1M | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $412.0M | $1.1B | ||
| Q4 24 | $1.6B | $1.0B | ||
| Q3 24 | $-312.0M | $1.0B | ||
| Q2 24 | $2.1B | $776.9M |
自由现金流BKCME
| Q1 26 | — | — | ||
| Q4 25 | $4.7B | $1.1B | ||
| Q3 25 | $-1.5B | $949.7M | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $92.0M | $1.1B | ||
| Q4 24 | $1.1B | $991.7M | ||
| Q3 24 | $-687.0M | $973.2M | ||
| Q2 24 | $1.7B | $758.7M |
自由现金流率BKCME
| Q1 26 | — | — | ||
| Q4 25 | 352.8% | 66.8% | ||
| Q3 25 | -121.5% | 61.8% | ||
| Q2 25 | 152.8% | 61.5% | ||
| Q1 25 | 7.9% | 67.1% | ||
| Q4 24 | 95.2% | 65.0% | ||
| Q3 24 | -65.6% | 61.4% | ||
| Q2 24 | 169.6% | 49.5% |
资本支出强度BKCME
| Q1 26 | — | — | ||
| Q4 25 | 32.4% | 2.0% | ||
| Q3 25 | 35.4% | 1.2% | ||
| Q2 25 | 29.8% | 1.1% | ||
| Q1 25 | 27.6% | 0.9% | ||
| Q4 24 | 34.6% | 1.7% | ||
| Q3 24 | 35.8% | 1.9% | ||
| Q2 24 | 37.1% | 1.2% |
现金转化率BKCME
| Q1 26 | — | — | ||
| Q4 25 | 3.55× | 0.96× | ||
| Q3 25 | -0.74× | 1.07× | ||
| Q2 25 | 1.54× | 1.03× | ||
| Q1 25 | 0.34× | 1.17× | ||
| Q4 24 | 1.34× | 1.16× | ||
| Q3 24 | -0.26× | 1.10× | ||
| Q2 24 | 1.82× | 0.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
