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COMMERCE BANCSHARES INC（CBSH）与KADANT INC（KAI）财务数据对比。点击上方公司名可切换其他公司
COMMERCE BANCSHARES INC的季度营收约是KADANT INC的1.8倍（$475.7M vs $271.6M），COMMERCE BANCSHARES INC净利率更高（29.8% vs 10.2%，领先19.6%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs -0.0%），过去两年COMMERCE BANCSHARES INC的营收复合增速更高（7.1% vs 6.7%）
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。
Kadant Inc.创立于1991年，最初是Thermo Electron的子公司，部分股权私有、部分公开交易，2001年完成完全分拆并启用现名。公司服务于造纸、废纸回收、木材加工、物料搬运等多个加工领域，是业务覆盖亚洲、欧洲、北美、南美的跨国企业。
CBSH vs KAI — 直观对比
营收规模更大
CBSH
是对方的1.8倍
$271.6M
营收增速更快
CBSH
高出11.1%
-0.0%
净利率更高
CBSH
高出19.6%
10.2%
两年增速更快
CBSH
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $271.6M |
| 净利润 | $141.6M | $27.7M |
| 毛利率 | — | 45.2% |
| 营业利润率 | — | 15.7% |
| 净利率 | 29.8% | 10.2% |
| 营收同比 | 11.1% | -0.0% |
| 净利润同比 | 10.5% | -12.2% |
| 每股收益（稀释后） | $0.96 | $2.35 |
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CBSHKAI
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | — | ||
| Q3 25 | $441.0M | $271.6M | ||
| Q2 25 | $445.8M | $255.3M | ||
| Q1 25 | $428.1M | $239.2M | ||
| Q4 24 | $422.1M | $258.0M | ||
| Q3 24 | $421.4M | $271.6M | ||
| Q2 24 | $414.5M | $274.8M |
净利润CBSHKAI
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | — | ||
| Q3 25 | $141.5M | $27.7M | ||
| Q2 25 | $152.5M | $26.2M | ||
| Q1 25 | $131.6M | $24.1M | ||
| Q4 24 | $136.1M | $24.0M | ||
| Q3 24 | $138.0M | $31.6M | ||
| Q2 24 | $139.6M | $31.3M |
毛利率CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 45.2% | ||
| Q2 25 | — | 45.9% | ||
| Q1 25 | — | 46.1% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 44.7% | ||
| Q2 24 | — | 44.4% |
营业利润率CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | — | ||
| Q3 25 | 41.9% | 15.7% | ||
| Q2 25 | 44.0% | 15.4% | ||
| Q1 25 | 39.2% | 14.9% | ||
| Q4 24 | 41.2% | 14.3% | ||
| Q3 24 | 42.4% | 18.0% | ||
| Q2 24 | 43.4% | 17.6% |
净利率CBSHKAI
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | — | ||
| Q3 25 | 32.1% | 10.2% | ||
| Q2 25 | 34.2% | 10.2% | ||
| Q1 25 | 30.7% | 10.1% | ||
| Q4 24 | 32.2% | 9.3% | ||
| Q3 24 | 32.8% | 11.6% | ||
| Q2 24 | 33.7% | 11.4% |
每股收益（稀释后）CBSHKAI
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | — | ||
| Q3 25 | $1.06 | $2.35 | ||
| Q2 25 | $1.14 | $2.22 | ||
| Q1 25 | $0.98 | $2.04 | ||
| Q4 24 | $0.83 | $2.04 | ||
| Q3 24 | $1.01 | $2.68 | ||
| Q2 24 | $1.03 | $2.66 |
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 | — | $124.5M |
| 总债务越低越好 | — | $254.6M |
| 股东权益账面价值 | $4.3B | $949.8M |
| 总资产 | $35.7B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $124.5M | ||
| Q2 25 | — | $95.3M | ||
| Q1 25 | — | $91.7M | ||
| Q4 24 | — | $94.7M | ||
| Q3 24 | — | $88.4M | ||
| Q2 24 | — | $73.8M |
总债务CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $254.6M | ||
| Q2 25 | — | $245.7M | ||
| Q1 25 | — | $273.5M | ||
| Q4 24 | — | $285.2M | ||
| Q3 24 | — | $323.2M | ||
| Q2 24 | — | $342.0M |
股东权益CBSHKAI
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.8B | $949.8M | ||
| Q2 25 | $3.6B | $926.0M | ||
| Q1 25 | $3.5B | $876.0M | ||
| Q4 24 | $3.3B | $847.1M | ||
| Q3 24 | $3.4B | $851.7M | ||
| Q2 24 | $3.1B | $807.7M |
总资产CBSHKAI
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | — | ||
| Q3 25 | $32.3B | $1.5B | ||
| Q2 25 | $32.3B | $1.5B | ||
| Q1 25 | $32.4B | $1.4B | ||
| Q4 24 | $32.0B | $1.4B | ||
| Q3 24 | $31.5B | $1.5B | ||
| Q2 24 | $30.6B | $1.5B |
负债/权益比CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.42× |
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 | — | $47.3M |
| 自由现金流经营现金流 - 资本支出 | — | $44.1M |
| 自由现金流率自由现金流/营收 | — | 16.2% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.70× |
| 过去12个月自由现金流最近4个季度 | — | $145.9M |
8季度趋势，按日历期对齐
经营现金流CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | — | ||
| Q3 25 | $129.0M | $47.3M | ||
| Q2 25 | $111.2M | $40.5M | ||
| Q1 25 | $138.6M | $22.8M | ||
| Q4 24 | $577.9M | $51.9M | ||
| Q3 24 | $431.7M | $52.5M | ||
| Q2 24 | $147.4M | $28.1M |
自由现金流CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | — | ||
| Q3 25 | $113.3M | $44.1M | ||
| Q2 25 | $100.5M | $36.5M | ||
| Q1 25 | $126.0M | $19.0M | ||
| Q4 24 | $531.7M | $46.3M | ||
| Q3 24 | $419.1M | $48.3M | ||
| Q2 24 | $138.9M | $23.1M |
自由现金流率CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | — | ||
| Q3 25 | 25.7% | 16.2% | ||
| Q2 25 | 22.5% | 14.3% | ||
| Q1 25 | 29.4% | 7.9% | ||
| Q4 24 | 126.0% | 17.9% | ||
| Q3 24 | 99.5% | 17.8% | ||
| Q2 24 | 33.5% | 8.4% |
资本支出强度CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 3.6% | 1.2% | ||
| Q2 25 | 2.4% | 1.6% | ||
| Q1 25 | 2.9% | 1.6% | ||
| Q4 24 | 10.9% | 2.2% | ||
| Q3 24 | 3.0% | 1.5% | ||
| Q2 24 | 2.1% | 1.8% |
现金转化率CBSHKAI
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | 1.70× | ||
| Q2 25 | 0.73× | 1.55× | ||
| Q1 25 | 1.05× | 0.95× | ||
| Q4 24 | 4.25× | 2.16× | ||
| Q3 24 | 3.13× | 1.66× | ||
| Q2 24 | 1.06× | 0.90× |
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
KAI
| Flow Control | $94.8M | 35% |
| Capital | $83.2M | 31% |
| Material Handling Systems | $70.3M | 26% |
| Transferred Over Time | $17.1M | 6% |
| Other | $6.1M | 2% |
