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CHECK POINT SOFTWARE TECHNOLOGIES LTD（CHKP）与COMMERCIAL METALS Co（CMC）财务数据对比。点击上方公司名可切换其他公司
COMMERCIAL METALS Co的季度营收约是CHECK POINT SOFTWARE TECHNOLOGIES LTD的1.1倍（$2.1B vs $2.0B），CHECK POINT SOFTWARE TECHNOLOGIES LTD净利率更高（38.0% vs 8.4%，领先29.6%），CHECK POINT SOFTWARE TECHNOLOGIES LTD自由现金流更多（$895.5M vs $78.8M）
Check Point软件技术有限公司是以色列知名网络安全企业，业务覆盖全球60余个国家，总部位于以色列特拉维夫，在美国加利福尼亚州红木城设有重要运营据点。公司为全球超过10万家机构提供安全防护，旗下拥有专业安全研究团队，同时是世界经济论坛的合作伙伴。
商业金属公司（CMC）总部位于美国得克萨斯州欧文市，主营钢筋及相关建筑材料，与纽柯公司同为美国房屋、桥梁、道路等基础设施领域混凝土加固用钢材的两大核心供应商，旗下还拥有地基系统生产商Tensar，产品可用于道路、公共基建及工业设施建设。
CHKP vs CMC — 直观对比
营收规模更大
CMC
是对方的1.1倍
$2.0B
净利率更高
CHKP
高出29.6%
8.4%
自由现金流更多
CHKP
多$816.8M
$78.8M
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $2.1B |
| 净利润 | $752.4M | $177.3M |
| 毛利率 | 86.7% | 19.2% |
| 营业利润率 | 30.2% | 8.6% |
| 净利率 | 38.0% | 8.4% |
| 营收同比 | — | 11.0% |
| 净利润同比 | — | 200.9% |
| 每股收益（稀释后） | $6.81 | $1.58 |
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CHKPCMC
| Q4 25 | — | $2.1B | ||
| Q3 25 | $2.0B | $2.1B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $1.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $1.8B |
净利润CHKPCMC
| Q4 25 | — | $177.3M | ||
| Q3 25 | $752.4M | $151.8M | ||
| Q2 25 | — | $83.1M | ||
| Q1 25 | — | $25.5M | ||
| Q4 24 | — | $-175.7M | ||
| Q3 24 | — | $103.9M | ||
| Q2 24 | — | $119.4M | ||
| Q1 24 | — | $85.8M |
毛利率CHKPCMC
| Q4 25 | — | 19.2% | ||
| Q3 25 | 86.7% | 18.6% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 16.1% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | — | 16.4% | ||
| Q1 24 | — | 16.0% |
营业利润率CHKPCMC
| Q4 25 | — | 8.6% | ||
| Q3 25 | 30.2% | 9.1% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | -12.1% | ||
| Q3 24 | — | 6.7% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 6.3% |
净利率CHKPCMC
| Q4 25 | — | 8.4% | ||
| Q3 25 | 38.0% | 7.2% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | -9.2% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | 4.6% |
每股收益（稀释后）CHKPCMC
| Q4 25 | — | $1.58 | ||
| Q3 25 | $6.81 | $1.33 | ||
| Q2 25 | — | $0.73 | ||
| Q1 25 | — | $0.22 | ||
| Q4 24 | — | $-1.54 | ||
| Q3 24 | — | $0.90 | ||
| Q2 24 | — | $1.02 | ||
| Q1 24 | — | $0.73 |
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 | $619.9M | $1.0B |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $3.1B | $4.3B |
| 总资产 | $5.7B | $9.2B |
| 负债/权益比越低杠杆越低 | — | 0.77× |
8季度趋势，按日历期对齐
现金及短期投资CHKPCMC
| Q4 25 | — | $1.0B | ||
| Q3 25 | $619.9M | $1.0B | ||
| Q2 25 | — | $893.0M | ||
| Q1 25 | — | $758.4M | ||
| Q4 24 | — | $856.1M | ||
| Q3 24 | — | $857.9M | ||
| Q2 24 | — | $698.3M | ||
| Q1 24 | — | $638.3M |
总债务CHKPCMC
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
股东权益CHKPCMC
| Q4 25 | — | $4.3B | ||
| Q3 25 | $3.1B | $4.2B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.2B |
总资产CHKPCMC
| Q4 25 | — | $9.2B | ||
| Q3 25 | $5.7B | $7.2B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.8B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.7B | ||
| Q1 24 | — | $6.7B |
负债/权益比CHKPCMC
| Q4 25 | — | 0.77× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.27× |
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 | $914.9M | $204.2M |
| 自由现金流经营现金流 - 资本支出 | $895.5M | $78.8M |
| 自由现金流率自由现金流/营收 | 45.2% | 3.7% |
| 资本支出强度资本支出/营收 | 1.0% | 5.9% |
| 现金转化率经营现金流/净利润 | 1.22× | 1.15× |
| 过去12个月自由现金流最近4个季度 | — | $296.2M |
8季度趋势，按日历期对齐
经营现金流CHKPCMC
| Q4 25 | — | $204.2M | ||
| Q3 25 | $914.9M | $315.2M | ||
| Q2 25 | — | $154.4M | ||
| Q1 25 | — | $32.4M | ||
| Q4 24 | — | $213.0M | ||
| Q3 24 | — | $351.8M | ||
| Q2 24 | — | $197.9M | ||
| Q1 24 | — | $89.0M |
自由现金流CHKPCMC
| Q4 25 | — | $78.8M | ||
| Q3 25 | $895.5M | $206.3M | ||
| Q2 25 | — | $65.0M | ||
| Q1 25 | — | $-53.8M | ||
| Q4 24 | — | $94.8M | ||
| Q3 24 | — | $270.3M | ||
| Q2 24 | — | $115.8M | ||
| Q1 24 | — | $-4.8M |
自由现金流率CHKPCMC
| Q4 25 | — | 3.7% | ||
| Q3 25 | 45.2% | 9.8% | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 13.5% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | -0.3% |
资本支出强度CHKPCMC
| Q4 25 | — | 5.9% | ||
| Q3 25 | 1.0% | 5.2% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 3.9% | ||
| Q1 24 | — | 5.1% |
现金转化率CHKPCMC
| Q4 25 | — | 1.15× | ||
| Q3 25 | 1.22× | 2.08× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.39× | ||
| Q2 24 | — | 1.66× | ||
| Q1 24 | — | 1.04× |
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
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
CMC
| Steel Products | $670.8M | 32% |
| Downstream Products | $505.3M | 24% |
| Construction Solutions Group | $314.4M | 15% |
| Europe Steel Group | $200.0M | 9% |
| Precast Products | $141.6M | 7% |
| Construction Products | $78.4M | 4% |
| Foley Products Company LLC | $75.1M | 4% |
| Concrete Pipe And Precast LLC | $69.4M | 3% |
| Ground Stabilization Products | $49.9M | 2% |
