vs
COMMERCE BANCSHARES INC（CBSH）与Oatly Group AB（OTLY）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Oatly Group AB的1.0倍（$475.7M vs $456.6M），COMMERCE BANCSHARES INC净利率更高（29.8% vs -18.5%，领先48.3%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs 8.1%）
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。
Oatly Group AB是源自瑞典的食品企业，90年代依托隆德大学的研究成果创立，总部设于马尔默，在兰斯克鲁纳拥有研发与生产中心。该公司主打燕麦基乳制品替代产品，其中燕麦乳最为知名，目前在美国证券市场公开上市。
CBSH vs OTLY — 直观对比
营收规模更大
CBSH
是对方的1.0倍
$456.6M
营收增速更快
CBSH
高出3.0%
8.1%
净利率更高
CBSH
高出48.3%
-18.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $456.6M |
| 净利润 | $141.6M | $-84.6M |
| 毛利率 | — | 32.2% |
| 营业利润率 | — | -5.9% |
| 净利率 | 29.8% | -18.5% |
| 营收同比 | 11.1% | 8.1% |
| 净利润同比 | 0.7% | 32.8% |
| 每股收益（稀释后） | $0.96 | $-0.14 |
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CBSHOTLY
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $456.6M | ||
| Q3 25 | $441.0M | — | ||
| Q2 25 | $445.8M | $208.4M | ||
| Q1 25 | $428.1M | — | ||
| Q4 24 | $422.1M | $422.3M | ||
| Q3 24 | $421.4M | — | ||
| Q2 24 | $414.5M | $202.2M |
净利润CBSHOTLY
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-84.6M | ||
| Q3 25 | $141.5M | — | ||
| Q2 25 | $152.5M | $-55.9M | ||
| Q1 25 | $131.6M | — | ||
| Q4 24 | $136.1M | $-126.0M | ||
| Q3 24 | $138.0M | — | ||
| Q2 24 | $139.6M | $-30.4M |
毛利率CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 32.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.3% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 29.2% |
营业利润率CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -5.9% | ||
| Q3 25 | 41.9% | — | ||
| Q2 25 | 44.0% | -10.6% | ||
| Q1 25 | 39.2% | — | ||
| Q4 24 | 41.2% | -28.1% | ||
| Q3 24 | 42.4% | — | ||
| Q2 24 | 43.4% | -19.3% |
净利率CBSHOTLY
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -18.5% | ||
| Q3 25 | 32.1% | — | ||
| Q2 25 | 34.2% | -26.9% | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | 32.2% | -29.8% | ||
| Q3 24 | 32.8% | — | ||
| Q2 24 | 33.7% | -15.1% |
每股收益（稀释后）CBSHOTLY
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-0.14 | ||
| Q3 25 | $1.06 | — | ||
| Q2 25 | $1.14 | $-0.09 | ||
| Q1 25 | $0.98 | — | ||
| Q4 24 | $0.83 | $-0.21 | ||
| Q3 24 | $1.01 | — | ||
| Q2 24 | $1.03 | $-0.05 |
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 | — | $64.3M |
| 总债务越低越好 | — | $523.0M |
| 股东权益账面价值 | $4.3B | $19.7M |
| 总资产 | $35.7B | $787.2M |
| 负债/权益比越低杠杆越低 | — | 26.59× |
8季度趋势，按日历期对齐
现金及短期投资CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | — | $64.3M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $67.9M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $98.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $142.7M |
总债务CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | — | $523.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $120.6M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $446.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CBSHOTLY
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $19.7M | ||
| Q3 25 | $3.8B | — | ||
| Q2 25 | $3.6B | $96.7M | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.3B | $106.1M | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.1B | $245.8M |
总资产CBSHOTLY
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $787.2M | ||
| Q3 25 | $32.3B | — | ||
| Q2 25 | $32.3B | $803.1M | ||
| Q1 25 | $32.4B | — | ||
| Q4 24 | $32.0B | $804.0M | ||
| Q3 24 | $31.5B | — | ||
| Q2 24 | $30.6B | — |
负债/权益比CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | — | 26.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.21× | ||
| Q3 24 | — | — | ||
| 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 | — | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-11.3M |
| 自由现金流率自由现金流/营收 | — | -2.5% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 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 | — | $-189.7M |
8季度趋势，按日历期对齐
经营现金流CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $-8.7M | ||
| Q3 25 | $129.0M | — | ||
| Q2 25 | $111.2M | $-15.0M | ||
| Q1 25 | $138.6M | — | ||
| Q4 24 | $577.9M | $-28.4M | ||
| Q3 24 | $431.7M | — | ||
| Q2 24 | $147.4M | $-86.0M |
自由现金流CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $-11.3M | ||
| Q3 25 | $113.3M | — | ||
| Q2 25 | $100.5M | $-24.8M | ||
| Q1 25 | $126.0M | — | ||
| Q4 24 | $531.7M | $-47.9M | ||
| Q3 24 | $419.1M | — | ||
| Q2 24 | $138.9M | $-105.7M |
自由现金流率CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | -2.5% | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 22.5% | -11.9% | ||
| Q1 25 | 29.4% | — | ||
| Q4 24 | 126.0% | -11.3% | ||
| Q3 24 | 99.5% | — | ||
| Q2 24 | 33.5% | -52.3% |
资本支出强度CBSHOTLY
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 0.6% | ||
| Q3 25 | 3.6% | — | ||
| Q2 25 | 2.4% | 4.7% | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 10.9% | 4.6% | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | 2.1% | 9.7% |
现金转化率CBSHOTLY
| 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× | — | ||
| 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
