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COMMERCE BANCSHARES INC（CBSH）与LOUISIANA-PACIFIC CORP（LPX）财务数据对比。点击上方公司名可切换其他公司
LOUISIANA-PACIFIC CORP的季度营收约是COMMERCE BANCSHARES INC的1.2倍（$566.0M vs $475.7M），COMMERCE BANCSHARES INC净利率更高（29.8% vs -1.4%，领先31.2%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs -16.9%），过去两年COMMERCE BANCSHARES INC的营收复合增速更高（7.1% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
CBSH vs LPX — 直观对比
营收规模更大
LPX
是对方的1.2倍
$475.7M
营收增速更快
CBSH
高出28.0%
-16.9%
净利率更高
CBSH
高出31.2%
-1.4%
两年增速更快
CBSH
近两年复合增速
-11.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $566.0M |
| 净利润 | $141.6M | $-8.0M |
| 毛利率 | — | 15.0% |
| 营业利润率 | — | -1.6% |
| 净利率 | 29.8% | -1.4% |
| 营收同比 | 11.1% | -16.9% |
| 净利润同比 | 0.7% | -112.9% |
| 每股收益（稀释后） | $0.96 | $-0.12 |
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CBSHLPX
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $566.0M | ||
| Q3 25 | $441.0M | $663.0M | ||
| Q2 25 | $445.8M | $755.0M | ||
| Q1 25 | $428.1M | $724.0M | ||
| Q4 24 | $422.1M | $681.0M | ||
| Q3 24 | $421.4M | $722.0M | ||
| Q2 24 | $414.5M | $814.0M |
净利润CBSHLPX
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-8.0M | ||
| Q3 25 | $141.5M | $9.0M | ||
| Q2 25 | $152.5M | $54.0M | ||
| Q1 25 | $131.6M | $91.0M | ||
| Q4 24 | $136.1M | $62.0M | ||
| Q3 24 | $138.0M | $90.0M | ||
| Q2 24 | $139.6M | $160.0M |
毛利率CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 19.5% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 26.7% | ||
| Q2 24 | — | 32.3% |
营业利润率CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -1.6% | ||
| Q3 25 | 41.9% | 2.7% | ||
| Q2 25 | 44.0% | 10.6% | ||
| Q1 25 | 39.2% | 16.6% | ||
| Q4 24 | 41.2% | 11.0% | ||
| Q3 24 | 42.4% | 16.1% | ||
| Q2 24 | 43.4% | 23.8% |
净利率CBSHLPX
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -1.4% | ||
| Q3 25 | 32.1% | 1.4% | ||
| Q2 25 | 34.2% | 7.2% | ||
| Q1 25 | 30.7% | 12.6% | ||
| Q4 24 | 32.2% | 9.1% | ||
| Q3 24 | 32.8% | 12.5% | ||
| Q2 24 | 33.7% | 19.7% |
每股收益（稀释后）CBSHLPX
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-0.12 | ||
| Q3 25 | $1.06 | $0.13 | ||
| Q2 25 | $1.14 | $0.77 | ||
| Q1 25 | $0.98 | $1.30 | ||
| Q4 24 | $0.83 | $0.90 | ||
| Q3 24 | $1.01 | $1.28 | ||
| Q2 24 | $1.03 | $2.23 |
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 | — | $292.0M |
| 总债务越低越好 | — | $348.0M |
| 股东权益账面价值 | $4.3B | $1.7B |
| 总资产 | $35.7B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | — | $292.0M | ||
| Q3 25 | — | $316.0M | ||
| Q2 25 | — | $333.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $340.0M | ||
| Q3 24 | — | $346.0M | ||
| Q2 24 | — | $317.0M |
总债务CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | — | $348.0M | ||
| Q3 25 | — | $348.0M | ||
| Q2 25 | — | $348.0M | ||
| Q1 25 | — | $348.0M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | — | $347.0M | ||
| Q2 24 | — | $347.0M |
股东权益CBSHLPX
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $1.7B | ||
| Q3 25 | $3.8B | $1.7B | ||
| Q2 25 | $3.6B | $1.7B | ||
| Q1 25 | $3.5B | $1.7B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.4B | $1.7B | ||
| Q2 24 | $3.1B | $1.7B |
总资产CBSHLPX
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $2.6B | ||
| Q3 25 | $32.3B | $2.6B | ||
| Q2 25 | $32.3B | $2.7B | ||
| Q1 25 | $32.4B | $2.6B | ||
| Q4 24 | $32.0B | $2.6B | ||
| Q3 24 | $31.5B | $2.6B | ||
| Q2 24 | $30.6B | $2.5B |
负债/权益比CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.21× |
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 | — | $67.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-8.0M |
| 自由现金流率自由现金流/营收 | — | -1.4% |
| 资本支出强度资本支出/营收 | — | 13.3% |
| 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 | — | $91.0M |
8季度趋势，按日历期对齐
经营现金流CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $67.0M | ||
| Q3 25 | $129.0M | $89.0M | ||
| Q2 25 | $111.2M | $162.0M | ||
| Q1 25 | $138.6M | $64.0M | ||
| Q4 24 | $577.9M | $105.0M | ||
| Q3 24 | $431.7M | $183.0M | ||
| Q2 24 | $147.4M | $212.0M |
自由现金流CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-8.0M | ||
| Q3 25 | $113.3M | $5.0M | ||
| Q2 25 | $100.5M | $94.0M | ||
| Q1 25 | $126.0M | $0 | ||
| Q4 24 | $531.7M | $43.0M | ||
| Q3 24 | $419.1M | $139.0M | ||
| Q2 24 | $138.9M | $176.0M |
自由现金流率CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -1.4% | ||
| Q3 25 | 25.7% | 0.8% | ||
| Q2 25 | 22.5% | 12.5% | ||
| Q1 25 | 29.4% | 0.0% | ||
| Q4 24 | 126.0% | 6.3% | ||
| Q3 24 | 99.5% | 19.3% | ||
| Q2 24 | 33.5% | 21.6% |
资本支出强度CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 13.3% | ||
| Q3 25 | 3.6% | 12.7% | ||
| Q2 25 | 2.4% | 9.0% | ||
| Q1 25 | 2.9% | 8.8% | ||
| Q4 24 | 10.9% | 9.1% | ||
| Q3 24 | 3.0% | 6.1% | ||
| Q2 24 | 2.1% | 4.4% |
现金转化率CBSHLPX
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | 9.89× | ||
| Q2 25 | 0.73× | 3.00× | ||
| Q1 25 | 1.05× | 0.70× | ||
| Q4 24 | 4.25× | 1.69× | ||
| Q3 24 | 3.13× | 2.03× | ||
| Q2 24 | 1.06× | 1.32× |
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
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
