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COMMERCE BANCSHARES INC（CBSH）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是COMMERCE BANCSHARES INC的1.4倍（$650.1M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs -14.2%，领先44.0%）
Commerce Bancshares, Inc.是总部位于美国密苏里州的区域性银行控股公司，在堪萨斯城和圣路易斯设有核心办公点，旗下Commerce Bank提供多元化金融服务，覆盖企业及个人银行、财富管理、关联公司投资等业务。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
CBSH vs FUN — 直观对比
营收规模更大
FUN
是对方的1.4倍
$475.7M
净利率更高
CBSH
高出44.0%
-14.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $650.1M |
| 净利润 | $141.6M | $-92.4M |
| 毛利率 | — | 91.4% |
| 营业利润率 | — | -3.8% |
| 净利率 | 29.8% | -14.2% |
| 营收同比 | 11.1% | — |
| 净利润同比 | 0.7% | — |
| 每股收益（稀释后） | $0.96 | $-0.93 |
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CBSHFUN
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $650.1M | ||
| Q3 25 | $441.0M | $1.3B | ||
| Q2 25 | $445.8M | $930.4M | ||
| Q1 25 | $428.1M | $202.1M | ||
| Q4 24 | $422.1M | — | ||
| Q3 24 | $421.4M | $1.3B | ||
| Q2 24 | $414.5M | $571.6M |
净利润CBSHFUN
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-92.4M | ||
| Q3 25 | $141.5M | $-1.2B | ||
| Q2 25 | $152.5M | $-99.6M | ||
| Q1 25 | $131.6M | $-219.7M | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $138.0M | $111.0M | ||
| Q2 24 | $139.6M | $55.6M |
毛利率CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 91.4% | ||
| Q3 25 | — | 91.6% | ||
| Q2 25 | — | 91.3% | ||
| Q1 25 | — | 89.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 91.9% | ||
| Q2 24 | — | 90.7% |
营业利润率CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -3.8% | ||
| Q3 25 | 41.9% | -83.7% | ||
| Q2 25 | 44.0% | 8.0% | ||
| Q1 25 | 39.2% | -158.9% | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 42.4% | 19.5% | ||
| Q2 24 | 43.4% | 21.6% |
净利率CBSHFUN
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -14.2% | ||
| Q3 25 | 32.1% | -90.1% | ||
| Q2 25 | 34.2% | -10.7% | ||
| Q1 25 | 30.7% | -108.7% | ||
| Q4 24 | 32.2% | — | ||
| Q3 24 | 32.8% | 8.2% | ||
| Q2 24 | 33.7% | 9.7% |
每股收益（稀释后）CBSHFUN
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-0.93 | ||
| Q3 25 | $1.06 | $-11.77 | ||
| Q2 25 | $1.14 | $-0.99 | ||
| Q1 25 | $0.98 | $-2.20 | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | $1.01 | $1.10 | ||
| Q2 24 | $1.03 | — |
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 | — | $91.1M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $4.3B | $549.8M |
| 总资产 | $35.7B | $7.8B |
| 负债/权益比越低杠杆越低 | — | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $91.1M | ||
| Q3 25 | — | $70.7M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | — | $61.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $89.7M | ||
| Q2 24 | — | $52.9M |
总债务CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益CBSHFUN
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $549.8M | ||
| Q3 25 | $3.8B | $614.3M | ||
| Q2 25 | $3.6B | $1.8B | ||
| Q1 25 | $3.5B | $1.8B | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.4B | $2.3B | ||
| Q2 24 | $3.1B | — |
总资产CBSHFUN
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $7.8B | ||
| Q3 25 | $32.3B | $7.9B | ||
| Q2 25 | $32.3B | $9.5B | ||
| Q1 25 | $32.4B | $9.2B | ||
| Q4 24 | $32.0B | — | ||
| Q3 24 | $31.5B | $9.4B | ||
| Q2 24 | $30.6B | $2.3B |
负债/权益比CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | — | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| 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 | — | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -16.8% |
| 资本支出强度资本支出/营收 | — | 11.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-152.2M |
8季度趋势，按日历期对齐
经营现金流CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $-37.7M | ||
| Q3 25 | $129.0M | $356.2M | ||
| Q2 25 | $111.2M | $187.0M | ||
| Q1 25 | $138.6M | $-178.0M | ||
| Q4 24 | $577.9M | — | ||
| Q3 24 | $431.7M | $337.4M | ||
| Q2 24 | $147.4M | — |
自由现金流CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-109.3M | ||
| Q3 25 | $113.3M | $256.2M | ||
| Q2 25 | $100.5M | $18.8M | ||
| Q1 25 | $126.0M | $-318.0M | ||
| Q4 24 | $531.7M | — | ||
| Q3 24 | $419.1M | $227.7M | ||
| Q2 24 | $138.9M | — |
自由现金流率CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -16.8% | ||
| Q3 25 | 25.7% | 19.4% | ||
| Q2 25 | 22.5% | 2.0% | ||
| Q1 25 | 29.4% | -157.4% | ||
| Q4 24 | 126.0% | — | ||
| Q3 24 | 99.5% | 16.9% | ||
| Q2 24 | 33.5% | — |
资本支出强度CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 11.0% | ||
| Q3 25 | 3.6% | 7.6% | ||
| Q2 25 | 2.4% | 18.1% | ||
| Q1 25 | 2.9% | 69.3% | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 3.0% | 8.1% | ||
| Q2 24 | 2.1% | — |
现金转化率CBSHFUN
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 4.25× | — | ||
| Q3 24 | 3.13× | 3.04× | ||
| Q2 24 | 1.06× | — |
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
CBSH
暂无分部数据
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
