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COMMERCE BANCSHARES INC（CBSH）与IES Holdings, Inc.（IESC）财务数据对比。点击上方公司名可切换其他公司
IES Holdings, Inc.的季度营收约是COMMERCE BANCSHARES INC的1.8倍（$871.0M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 10.5%，领先19.2%），IES Holdings, Inc.同比增速更快（16.2% vs 11.1%），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs 7.1%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
CBSH vs IESC — 直观对比
营收规模更大
IESC
是对方的1.8倍
$475.7M
营收增速更快
IESC
高出5.1%
11.1%
净利率更高
CBSH
高出19.2%
10.5%
两年增速更快
IESC
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $871.0M |
| 净利润 | $141.6M | $91.8M |
| 毛利率 | — | 25.3% |
| 营业利润率 | — | 11.2% |
| 净利率 | 29.8% | 10.5% |
| 营收同比 | 11.1% | 16.2% |
| 净利润同比 | 10.5% | 59.1% |
| 每股收益（稀释后） | $0.96 | $4.51 |
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CBSHIESC
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $871.0M | ||
| Q3 25 | $441.0M | $897.8M | ||
| Q2 25 | $445.8M | $890.2M | ||
| Q1 25 | $428.1M | $834.0M | ||
| Q4 24 | $422.1M | $749.5M | ||
| Q3 24 | $421.4M | $775.8M | ||
| Q2 24 | $414.5M | $768.4M |
净利润CBSHIESC
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $91.8M | ||
| Q3 25 | $141.5M | $102.3M | ||
| Q2 25 | $152.5M | $79.3M | ||
| Q1 25 | $131.6M | $72.6M | ||
| Q4 24 | $136.1M | $57.7M | ||
| Q3 24 | $138.0M | $65.5M | ||
| Q2 24 | $139.6M | $66.6M |
毛利率CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 26.9% | ||
| Q1 25 | — | 25.0% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% |
营业利润率CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | 11.2% | ||
| Q3 25 | 41.9% | 11.6% | ||
| Q2 25 | 44.0% | 12.6% | ||
| Q1 25 | 39.2% | 11.1% | ||
| Q4 24 | 41.2% | 10.0% | ||
| Q3 24 | 42.4% | 9.7% | ||
| Q2 24 | 43.4% | 11.7% |
净利率CBSHIESC
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | 10.5% | ||
| Q3 25 | 32.1% | 11.4% | ||
| Q2 25 | 34.2% | 8.9% | ||
| Q1 25 | 30.7% | 8.7% | ||
| Q4 24 | 32.2% | 7.7% | ||
| Q3 24 | 32.8% | 8.4% | ||
| Q2 24 | 33.7% | 8.7% |
每股收益（稀释后）CBSHIESC
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $4.51 | ||
| Q3 25 | $1.06 | $4.99 | ||
| Q2 25 | $1.14 | $3.81 | ||
| Q1 25 | $0.98 | $3.50 | ||
| Q4 24 | $0.83 | $2.72 | ||
| Q3 24 | $1.01 | $3.06 | ||
| Q2 24 | $1.03 | $2.67 |
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 | — | $258.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.3B | $961.1M |
| 总资产 | $35.7B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | — | $258.7M | ||
| Q3 25 | — | $231.8M | ||
| Q2 25 | — | $168.3M | ||
| Q1 25 | — | $88.3M | ||
| Q4 24 | — | $112.0M | ||
| Q3 24 | — | $135.8M | ||
| Q2 24 | — | $44.9M |
股东权益CBSHIESC
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $961.1M | ||
| Q3 25 | $3.8B | $884.0M | ||
| Q2 25 | $3.6B | $781.4M | ||
| Q1 25 | $3.5B | $705.8M | ||
| Q4 24 | $3.3B | $652.4M | ||
| Q3 24 | $3.4B | $611.1M | ||
| Q2 24 | $3.1B | $567.5M |
总资产CBSHIESC
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $1.7B | ||
| Q3 25 | $32.3B | $1.6B | ||
| Q2 25 | $32.3B | $1.5B | ||
| Q1 25 | $32.4B | $1.4B | ||
| Q4 24 | $32.0B | $1.3B | ||
| Q3 24 | $31.5B | $1.2B | ||
| Q2 24 | $30.6B | $1.2B |
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 | — | $27.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-18.9M |
| 自由现金流率自由现金流/营收 | — | -2.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | — | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | $175.9M |
8季度趋势，按日历期对齐
经营现金流CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $27.7M | ||
| Q3 25 | $129.0M | $132.0M | ||
| Q2 25 | $111.2M | $92.0M | ||
| Q1 25 | $138.6M | $24.8M | ||
| Q4 24 | $577.9M | $37.3M | ||
| Q3 24 | $431.7M | $92.8M | ||
| Q2 24 | $147.4M | $82.9M |
自由现金流CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-18.9M | ||
| Q3 25 | $113.3M | $112.0M | ||
| Q2 25 | $100.5M | $74.8M | ||
| Q1 25 | $126.0M | $7.9M | ||
| Q4 24 | $531.7M | $24.1M | ||
| Q3 24 | $419.1M | $78.5M | ||
| Q2 24 | $138.9M | $65.4M |
自由现金流率CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -2.2% | ||
| Q3 25 | 25.7% | 12.5% | ||
| Q2 25 | 22.5% | 8.4% | ||
| Q1 25 | 29.4% | 0.9% | ||
| Q4 24 | 126.0% | 3.2% | ||
| Q3 24 | 99.5% | 10.1% | ||
| Q2 24 | 33.5% | 8.5% |
资本支出强度CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 5.3% | ||
| Q3 25 | 3.6% | 2.2% | ||
| Q2 25 | 2.4% | 1.9% | ||
| Q1 25 | 2.9% | 2.0% | ||
| Q4 24 | 10.9% | 1.8% | ||
| Q3 24 | 3.0% | 1.8% | ||
| Q2 24 | 2.1% | 2.3% |
现金转化率CBSHIESC
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | 0.30× | ||
| Q3 25 | 0.91× | 1.29× | ||
| Q2 25 | 0.73× | 1.16× | ||
| Q1 25 | 1.05× | 0.34× | ||
| Q4 24 | 4.25× | 0.65× | ||
| Q3 24 | 3.13× | 1.42× | ||
| Q2 24 | 1.06× | 1.24× |
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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
