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加拿大帝国商业银行（CM）与EchoStar CORP（SATS）财务数据对比。点击上方公司名可切换其他公司
加拿大帝国商业银行的季度营收约是EchoStar CORP的1.6倍（$6.1B vs $3.8B），加拿大帝国商业银行净利率更高（36.9% vs -31.8%，领先68.7%）
加拿大帝国商业银行是加拿大历史悠久的主流商业银行，其前身之一加拿大帝国银行于1873年开始运营，1961年与加拿大商业银行合并后正式成立，是加拿大五大银行之一，服务覆盖加拿大本土及全球多个地区。
EchoStar Corp曾于2004年至2011年与TiVo公司发生专利纠纷，TiVo主张前者侵犯其DVR技术相关专利。该案先后由美国得克萨斯州东区联邦地区法院、联邦巡回上诉法院审理，涉及专利侵权判定、禁令条款、侵权产品改造、藐视法庭裁定及处罚等多个争议点。
CM vs SATS — 直观对比
营收规模更大
CM
是对方的1.6倍
$3.8B
净利率更高
CM
高出68.7%
-31.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.1B | $3.8B |
| 净利润 | $2.3B | $-1.2B |
| 毛利率 | — | — |
| 营业利润率 | — | -20.5% |
| 净利率 | 36.9% | -31.8% |
| 营收同比 | — | -4.3% |
| 净利润同比 | — | -460.1% |
| 每股收益（稀释后） | — | $-4.27 |
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CMSATS
| Q1 26 | $6.1B | — | ||
| Q4 25 | — | $3.8B | ||
| Q3 25 | $5.3B | $3.6B | ||
| Q2 25 | $5.1B | $3.7B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $4.0B |
净利润CMSATS
| Q1 26 | $2.3B | — | ||
| Q4 25 | — | $-1.2B | ||
| Q3 25 | $1.5B | $-12.8B | ||
| Q2 25 | $1.5B | $-306.1M | ||
| Q1 25 | — | $-202.7M | ||
| Q4 24 | — | $335.2M | ||
| Q3 24 | — | $-141.8M | ||
| Q2 24 | — | $-205.6M |
营业利润率CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | -20.5% | ||
| Q3 25 | — | -460.5% | ||
| Q2 25 | — | -5.7% | ||
| Q1 25 | — | -2.3% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | -4.1% | ||
| Q2 24 | — | -1.7% |
净利率CMSATS
| Q1 26 | 36.9% | — | ||
| Q4 25 | — | -31.8% | ||
| Q3 25 | 28.9% | -353.6% | ||
| Q2 25 | 28.6% | -8.2% | ||
| Q1 25 | — | -5.2% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | -3.6% | ||
| Q2 24 | — | -5.2% |
每股收益（稀释后）CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | $-4.27 | ||
| Q3 25 | — | $-44.37 | ||
| Q2 25 | — | $-1.06 | ||
| Q1 25 | — | $-0.71 | ||
| Q4 24 | — | $1.24 | ||
| Q3 24 | — | $-0.52 | ||
| Q2 24 | — | $-0.76 |
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 | $8.0B | $3.0B |
| 总债务越低越好 | — | $18.7B |
| 股东权益账面价值 | $47.9B | $5.8B |
| 总资产 | $826.8B | $43.0B |
| 负债/权益比越低杠杆越低 | — | 3.24× |
8季度趋势，按日历期对齐
现金及短期投资CMSATS
| Q1 26 | $8.0B | — | ||
| Q4 25 | — | $3.0B | ||
| Q3 25 | $13.9B | $3.9B | ||
| Q2 25 | $10.2B | $4.3B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $674.4M | ||
| Q2 24 | — | $520.6M |
总债务CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | $18.7B | ||
| Q3 25 | — | $21.8B | ||
| Q2 25 | — | $25.4B | ||
| Q1 25 | — | $25.3B | ||
| Q4 24 | — | $25.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMSATS
| Q1 26 | $47.9B | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | $45.9B | $7.0B | ||
| Q2 25 | $45.2B | $19.7B | ||
| Q1 25 | — | $20.0B | ||
| Q4 24 | — | $20.2B | ||
| Q3 24 | — | $19.4B | ||
| Q2 24 | — | $19.6B |
总资产CMSATS
| Q1 26 | $826.8B | — | ||
| Q4 25 | — | $43.0B | ||
| Q3 25 | $804.6B | $45.3B | ||
| Q2 25 | $795.8B | $59.9B | ||
| Q1 25 | — | $60.6B | ||
| Q4 24 | — | $60.9B | ||
| Q3 24 | — | $57.5B | ||
| Q2 24 | — | $55.3B |
负债/权益比CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | 3.24× | ||
| Q3 25 | — | 3.13× | ||
| Q2 25 | — | 1.29× | ||
| Q1 25 | — | 1.27× | ||
| Q4 24 | — | 1.27× | ||
| 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 | $-1.6B | $-425.3M |
| 自由现金流经营现金流 - 资本支出 | — | $-583.4M |
| 自由现金流率自由现金流/营收 | — | -15.4% |
| 资本支出强度资本支出/营收 | — | 4.2% |
| 现金转化率经营现金流/净利润 | -0.69× | — |
| 过去12个月自由现金流最近4个季度 | — | $-1.1B |
8季度趋势，按日历期对齐
经营现金流CMSATS
| Q1 26 | $-1.6B | — | ||
| Q4 25 | — | $-425.3M | ||
| Q3 25 | $4.3B | $111.7M | ||
| Q2 25 | $667.2M | $7.5M | ||
| Q1 25 | — | $206.8M | ||
| Q4 24 | — | $45.6M | ||
| Q3 24 | — | $276.2M | ||
| Q2 24 | — | $479.7M |
自由现金流CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | $-583.4M | ||
| Q3 25 | — | $-144.4M | ||
| Q2 25 | — | $-285.7M | ||
| Q1 25 | — | $-51.7M | ||
| Q4 24 | — | $-298.7M | ||
| Q3 24 | — | $-57.5M | ||
| Q2 24 | — | $132.4M |
自由现金流率CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | -15.4% | ||
| Q3 25 | — | -4.0% | ||
| Q2 25 | — | -7.7% | ||
| Q1 25 | — | -1.3% | ||
| Q4 24 | — | -7.5% | ||
| Q3 24 | — | -1.5% | ||
| Q2 24 | — | 3.3% |
资本支出强度CMSATS
| Q1 26 | — | — | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | 8.8% |
现金转化率CMSATS
| Q1 26 | -0.69× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.80× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
CM
暂无分部数据
SATS
| Pay Tv | $2.4B | 62% |
| Wireless Services And Related Revenue | $846.5M | 22% |
| Equipment Sales And Other Revenue | $346.5M | 9% |
| Broadband And Satellite Services And Other Revenue | $264.1M | 7% |
