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CBIZ, Inc.（CBZ）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
STIFEL FINANCIAL CORP的季度营收约是CBIZ, Inc.的2.0倍（$1.7B vs $848.6M），CBIZ, Inc.净利率更高（19.0% vs 15.1%，领先4.0%），STIFEL FINANCIAL CORP同比增速更快（17.7% vs 1.3%），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（44.4% vs 42.1%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
CBZ vs SF — 直观对比
营收规模更大
SF
是对方的2.0倍
$848.6M
营收增速更快
SF
高出16.5%
1.3%
净利率更高
CBZ
高出4.0%
15.1%
两年增速更快
SF
近两年复合增速
42.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $848.6M | $1.7B |
| 净利润 | $161.6M | $251.4M |
| 毛利率 | — | — |
| 营业利润率 | 23.2% | 30.8% |
| 净利率 | 19.0% | 15.1% |
| 营收同比 | 1.3% | 17.7% |
| 净利润同比 | — | 374.4% |
| 每股收益（稀释后） | $2.63 | $1.48 |
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CBZSF
| Q1 26 | $848.6M | $1.7B | ||
| Q4 25 | $542.7M | $1.1B | ||
| Q3 25 | $693.8M | $962.6M | ||
| Q2 25 | $683.5M | $838.9M | ||
| Q1 25 | $838.0M | $842.5M | ||
| Q4 24 | $460.3M | $916.0M | ||
| Q3 24 | $438.9M | $810.9M | ||
| Q2 24 | $420.0M | $798.9M |
净利润CBZSF
| Q1 26 | $161.6M | $251.4M | ||
| Q4 25 | $-79.4M | $264.4M | ||
| Q3 25 | $30.1M | $211.4M | ||
| Q2 25 | $41.9M | $155.1M | ||
| Q1 25 | $122.8M | $53.0M | ||
| Q4 24 | $-90.7M | $244.0M | ||
| Q3 24 | $35.1M | $158.5M | ||
| Q2 24 | $19.8M | $165.3M |
毛利率CBZSF
| Q1 26 | — | — | ||
| Q4 25 | -9.4% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | -13.4% | — | ||
| Q3 24 | 16.6% | — | ||
| Q2 24 | 12.8% | — |
营业利润率CBZSF
| Q1 26 | 23.2% | 30.8% | ||
| Q4 25 | -15.7% | 27.3% | ||
| Q3 25 | 8.5% | 29.7% | ||
| Q2 25 | 8.8% | 25.5% | ||
| Q1 25 | 23.9% | 7.5% | ||
| Q4 24 | -23.2% | 29.1% | ||
| Q3 24 | 11.3% | 26.7% | ||
| Q2 24 | 7.5% | 28.4% |
净利率CBZSF
| Q1 26 | 19.0% | 15.1% | ||
| Q4 25 | -14.6% | 23.5% | ||
| Q3 25 | 4.3% | 22.0% | ||
| Q2 25 | 6.1% | 18.5% | ||
| Q1 25 | 14.7% | 6.3% | ||
| Q4 24 | -19.7% | 26.6% | ||
| Q3 24 | 8.0% | 19.5% | ||
| Q2 24 | 4.7% | 20.7% |
每股收益（稀释后）CBZSF
| Q1 26 | $2.63 | $1.48 | ||
| Q4 25 | $-1.22 | $2.30 | ||
| Q3 25 | $0.48 | $1.84 | ||
| Q2 25 | $0.66 | $1.34 | ||
| Q1 25 | $1.91 | $0.39 | ||
| Q4 24 | $-1.84 | $2.10 | ||
| Q3 24 | $0.70 | $1.34 | ||
| Q2 24 | $0.39 | $1.41 |
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 | $28.7M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $332.3M |
| 总资产 | $4.6B | $42.9B |
| 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CBZSF
| Q1 26 | $28.7M | — | ||
| Q4 25 | $18.3M | $2.3B | ||
| Q3 25 | $17.0M | $3.2B | ||
| Q2 25 | $39.8M | $1.9B | ||
| Q1 25 | $8.8M | $2.7B | ||
| Q4 24 | $13.8M | $2.6B | ||
| Q3 24 | $1.1M | $1.9B | ||
| Q2 24 | $1.1M | $2.6B |
总债务CBZSF
| Q1 26 | — | — | ||
| Q4 25 | — | $617.4M | ||
| Q3 25 | — | $617.2M | ||
| Q2 25 | — | $617.0M | ||
| Q1 25 | — | $616.8M | ||
| Q4 24 | — | $616.6M | ||
| Q3 24 | — | $616.4M | ||
| Q2 24 | — | $1.1B |
股东权益CBZSF
| Q1 26 | $1.9B | $332.3M | ||
| Q4 25 | $1.8B | $6.0B | ||
| Q3 25 | $1.9B | $5.8B | ||
| Q2 25 | $1.9B | $5.6B | ||
| Q1 25 | $1.9B | $5.5B | ||
| Q4 24 | $1.8B | $5.7B | ||
| Q3 24 | $927.9M | $5.6B | ||
| Q2 24 | $891.4M | $5.4B |
总资产CBZSF
| Q1 26 | $4.6B | $42.9B | ||
| Q4 25 | $4.4B | $41.3B | ||
| Q3 25 | $4.5B | $41.7B | ||
| Q2 25 | $4.5B | $39.9B | ||
| Q1 25 | $4.6B | $40.4B | ||
| Q4 24 | $4.5B | $39.9B | ||
| Q3 24 | $2.1B | $38.9B | ||
| Q2 24 | $2.2B | $37.8B |
负债/权益比CBZSF
| Q1 26 | — | — | ||
| Q4 25 | — | 0.10× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| 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 | $-25.5M | — |
| 自由现金流经营现金流 - 资本支出 | $-28.5M | — |
| 自由现金流率自由现金流/营收 | -3.4% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | -0.16× | — |
| 过去12个月自由现金流最近4个季度 | $240.5M | — |
8季度趋势，按日历期对齐
经营现金流CBZSF
| Q1 26 | $-25.5M | — | ||
| Q4 25 | $143.6M | $382.4M | ||
| Q3 25 | $24.0M | $338.3M | ||
| Q2 25 | $113.1M | $607.5M | ||
| Q1 25 | $-88.3M | $-211.2M | ||
| Q4 24 | $55.5M | $694.6M | ||
| Q3 24 | $43.7M | $198.3M | ||
| Q2 24 | $88.2M | $207.2M |
自由现金流CBZSF
| Q1 26 | $-28.5M | — | ||
| Q4 25 | $141.7M | $369.0M | ||
| Q3 25 | $22.1M | $321.1M | ||
| Q2 25 | $105.2M | $592.7M | ||
| Q1 25 | $-93.4M | $-227.8M | ||
| Q4 24 | $52.3M | $677.2M | ||
| Q3 24 | $41.1M | $185.6M | ||
| Q2 24 | $86.3M | $173.3M |
自由现金流率CBZSF
| Q1 26 | -3.4% | — | ||
| Q4 25 | 26.1% | 32.7% | ||
| Q3 25 | 3.2% | 33.4% | ||
| Q2 25 | 15.4% | 70.6% | ||
| Q1 25 | -11.2% | -27.0% | ||
| Q4 24 | 11.4% | 73.9% | ||
| Q3 24 | 9.4% | 22.9% | ||
| Q2 24 | 20.5% | 21.7% |
资本支出强度CBZSF
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 1.2% | ||
| Q3 25 | 0.3% | 1.8% | ||
| Q2 25 | 1.2% | 1.8% | ||
| Q1 25 | 0.6% | 2.0% | ||
| Q4 24 | 0.7% | 1.9% | ||
| Q3 24 | 0.6% | 1.6% | ||
| Q2 24 | 0.4% | 4.2% |
现金转化率CBZSF
| Q1 26 | -0.16× | — | ||
| Q4 25 | — | 1.45× | ||
| Q3 25 | 0.79× | 1.60× | ||
| Q2 25 | 2.70× | 3.92× | ||
| Q1 25 | -0.72× | -3.99× | ||
| Q4 24 | — | 2.85× | ||
| Q3 24 | 1.25× | 1.25× | ||
| Q2 24 | 4.45× | 1.25× |
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
CBZ
| Financial Services (1) | $740.3M | 87% |
| Benefits and Insurance Services | $108.2M | 13% |
SF
| Other | $506.7M | 30% |
| Asset management | $459.5M | 28% |
| Investment banking | $341.4M | 20% |
| Commissions | $207.8M | 12% |
| Principal transactions | $150.2M | 9% |
