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COMMERCE BANCSHARES INC（CBSH）与WillScot Holdings Corp（WSC）财务数据对比。点击上方公司名可切换其他公司
WillScot Holdings 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 -33.1%，领先62.9%），COMMERCE BANCSHARES INC同比增速更快（11.1% vs -6.1%），过去两年COMMERCE BANCSHARES INC的营收复合增速更高（7.1% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
CBSH vs WSC — 直观对比
营收规模更大
WSC
是对方的1.2倍
$475.7M
营收增速更快
CBSH
高出17.2%
-6.1%
净利率更高
CBSH
高出62.9%
-33.1%
两年增速更快
CBSH
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.7M | $566.0M |
| 净利润 | $141.6M | $-187.3M |
| 毛利率 | — | 50.4% |
| 营业利润率 | — | -32.5% |
| 净利率 | 29.8% | -33.1% |
| 营收同比 | 11.1% | -6.1% |
| 净利润同比 | 10.5% | -310.0% |
| 每股收益（稀释后） | $0.96 | $-1.02 |
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CBSHWSC
| Q1 26 | $475.7M | — | ||
| Q4 25 | $449.4M | $566.0M | ||
| Q3 25 | $441.0M | $566.8M | ||
| Q2 25 | $445.8M | $589.1M | ||
| Q1 25 | $428.1M | $559.6M | ||
| Q4 24 | $422.1M | $602.5M | ||
| Q3 24 | $421.4M | $601.4M | ||
| Q2 24 | $414.5M | $604.6M |
净利润CBSHWSC
| Q1 26 | $141.6M | — | ||
| Q4 25 | $140.7M | $-187.3M | ||
| Q3 25 | $141.5M | $43.3M | ||
| Q2 25 | $152.5M | $47.9M | ||
| Q1 25 | $131.6M | $43.1M | ||
| Q4 24 | $136.1M | $89.2M | ||
| Q3 24 | $138.0M | $-70.5M | ||
| Q2 24 | $139.6M | $-46.9M |
毛利率CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | — | 50.4% | ||
| Q3 25 | — | 49.7% | ||
| Q2 25 | — | 50.3% | ||
| Q1 25 | — | 53.7% | ||
| Q4 24 | — | 55.8% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 54.1% |
营业利润率CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | 40.8% | -32.5% | ||
| Q3 25 | 41.9% | 21.0% | ||
| Q2 25 | 44.0% | 21.5% | ||
| Q1 25 | 39.2% | 21.3% | ||
| Q4 24 | 41.2% | 28.9% | ||
| Q3 24 | 42.4% | -5.9% | ||
| Q2 24 | 43.4% | -0.9% |
净利率CBSHWSC
| Q1 26 | 29.8% | — | ||
| Q4 25 | 31.3% | -33.1% | ||
| Q3 25 | 32.1% | 7.6% | ||
| Q2 25 | 34.2% | 8.1% | ||
| Q1 25 | 30.7% | 7.7% | ||
| Q4 24 | 32.2% | 14.8% | ||
| Q3 24 | 32.8% | -11.7% | ||
| Q2 24 | 33.7% | -7.7% |
每股收益（稀释后）CBSHWSC
| Q1 26 | $0.96 | — | ||
| Q4 25 | $0.86 | $-1.02 | ||
| Q3 25 | $1.06 | $0.24 | ||
| Q2 25 | $1.14 | $0.26 | ||
| Q1 25 | $0.98 | $0.23 | ||
| Q4 24 | $0.83 | $0.48 | ||
| Q3 24 | $1.01 | $-0.37 | ||
| Q2 24 | $1.03 | $-0.25 |
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 | — | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $4.3B | $856.3M |
| 总资产 | $35.7B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | — | $14.6M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | — | $12.8M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | — | $9.0M | ||
| Q3 24 | — | $11.0M | ||
| Q2 24 | — | $5.9M |
总债务CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B |
股东权益CBSHWSC
| Q1 26 | $4.3B | — | ||
| Q4 25 | $3.8B | $856.3M | ||
| Q3 25 | $3.8B | $1.1B | ||
| Q2 25 | $3.6B | $1.0B | ||
| Q1 25 | $3.5B | $1.0B | ||
| Q4 24 | $3.3B | $1.0B | ||
| Q3 24 | $3.4B | $1.1B | ||
| Q2 24 | $3.1B | $1.2B |
总资产CBSHWSC
| Q1 26 | $35.7B | — | ||
| Q4 25 | $32.9B | $5.8B | ||
| Q3 25 | $32.3B | $6.1B | ||
| Q2 25 | $32.3B | $6.1B | ||
| Q1 25 | $32.4B | $6.0B | ||
| Q4 24 | $32.0B | $6.0B | ||
| Q3 24 | $31.5B | $6.0B | ||
| Q2 24 | $30.6B | $6.0B |
负债/权益比CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× |
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 | — | $158.9M |
| 自由现金流经营现金流 - 资本支出 | — | $149.7M |
| 自由现金流率自由现金流/营收 | — | 26.5% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | $645.1M | $158.9M | ||
| Q3 25 | $129.0M | $191.2M | ||
| Q2 25 | $111.2M | $205.3M | ||
| Q1 25 | $138.6M | $206.6M | ||
| Q4 24 | $577.9M | $178.9M | ||
| Q3 24 | $431.7M | $-1.6M | ||
| Q2 24 | $147.4M | $175.6M |
自由现金流CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | $592.4M | $149.7M | ||
| Q3 25 | $113.3M | $186.9M | ||
| Q2 25 | $100.5M | $199.0M | ||
| Q1 25 | $126.0M | $202.0M | ||
| Q4 24 | $531.7M | $176.6M | ||
| Q3 24 | $419.1M | $-4.9M | ||
| Q2 24 | $138.9M | $169.4M |
自由现金流率CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | 131.8% | 26.5% | ||
| Q3 25 | 25.7% | 33.0% | ||
| Q2 25 | 22.5% | 33.8% | ||
| Q1 25 | 29.4% | 36.1% | ||
| Q4 24 | 126.0% | 29.3% | ||
| Q3 24 | 99.5% | -0.8% | ||
| Q2 24 | 33.5% | 28.0% |
资本支出强度CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | 11.7% | 1.6% | ||
| Q3 25 | 3.6% | 0.7% | ||
| Q2 25 | 2.4% | 1.1% | ||
| Q1 25 | 2.9% | 0.8% | ||
| Q4 24 | 10.9% | 0.4% | ||
| Q3 24 | 3.0% | 0.6% | ||
| Q2 24 | 2.1% | 1.0% |
现金转化率CBSHWSC
| Q1 26 | — | — | ||
| Q4 25 | 4.59× | — | ||
| Q3 25 | 0.91× | 4.41× | ||
| Q2 25 | 0.73× | 4.28× | ||
| Q1 25 | 1.05× | 4.80× | ||
| Q4 24 | 4.25× | 2.01× | ||
| 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
业务分部营收拆解
CBSH
暂无分部数据
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
