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COMERICA INC（CMA）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
COMERICA INC的季度营收约是DOCUSIGN, INC.的1.0倍（$838.0M vs $818.4M），COMERICA INC净利率更高（21.0% vs 10.2%，领先10.8%），DOCUSIGN, INC.同比增速更快（8.4% vs 3.3%）
Comerica公司是总部位于美国得克萨斯州达拉斯的金融服务企业，为美国大型金融控股公司之一。旗下Comerica银行为区域性商业银行，在得克萨斯、密歇根、加利福尼亚、佛罗里达、亚利桑那五州共设413家网点，在美国多座城市设有办公场所。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
CMA vs DOCU — 直观对比
营收规模更大
CMA
是对方的1.0倍
$818.4M
营收增速更快
DOCU
高出5.1%
3.3%
净利率更高
CMA
高出10.8%
10.2%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $838.0M | $818.4M |
| 净利润 | $176.0M | $83.7M |
| 毛利率 | — | 79.2% |
| 营业利润率 | — | 10.4% |
| 净利率 | 21.0% | 10.2% |
| 营收同比 | 3.3% | 8.4% |
| 净利润同比 | -4.3% | 34.1% |
| 每股收益（稀释后） | $1.35 | $0.40 |
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CMADOCU
| Q4 25 | — | $818.4M | ||
| Q3 25 | $838.0M | $800.6M | ||
| Q2 25 | $849.0M | $763.7M | ||
| Q1 25 | $829.0M | — | ||
| Q4 24 | $825.0M | — | ||
| Q3 24 | $811.0M | — | ||
| Q2 24 | $824.0M | — | ||
| Q1 24 | $784.0M | — |
净利润CMADOCU
| Q4 25 | — | $83.7M | ||
| Q3 25 | $176.0M | $63.0M | ||
| Q2 25 | $199.0M | $72.1M | ||
| Q1 25 | $172.0M | — | ||
| Q4 24 | $170.0M | — | ||
| Q3 24 | $184.0M | — | ||
| Q2 24 | $206.0M | — | ||
| Q1 24 | $138.0M | — |
毛利率CMADOCU
| Q4 25 | — | 79.2% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 79.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率CMADOCU
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 8.1% | ||
| Q2 25 | — | 7.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率CMADOCU
| Q4 25 | — | 10.2% | ||
| Q3 25 | 21.0% | 7.9% | ||
| Q2 25 | 23.4% | 9.4% | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 25.0% | — | ||
| Q1 24 | 17.6% | — |
每股收益（稀释后）CMADOCU
| Q4 25 | — | $0.40 | ||
| Q3 25 | $1.35 | $0.30 | ||
| Q2 25 | $1.42 | $0.34 | ||
| Q1 25 | $1.25 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.33 | — | ||
| Q2 24 | $1.49 | — | ||
| Q1 24 | $0.98 | — |
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 | — | $583.3M |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $7.4B | $2.0B |
| 总资产 | $77.4B | $4.0B |
| 负债/权益比越低杠杆越低 | 0.73× | — |
8季度趋势，按日历期对齐
现金及短期投资CMADOCU
| Q4 25 | — | $583.3M | ||
| Q3 25 | — | $600.0M | ||
| Q2 25 | — | $657.4M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务CMADOCU
| Q4 25 | — | — | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.7B | — | ||
| Q4 24 | $6.7B | — | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $7.1B | — | ||
| Q1 24 | $7.1B | — |
股东权益CMADOCU
| Q4 25 | — | $2.0B | ||
| Q3 25 | $7.4B | $2.0B | ||
| Q2 25 | $6.9B | $2.0B | ||
| Q1 25 | $7.1B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $7.4B | — | ||
| Q2 24 | $6.2B | — | ||
| Q1 24 | $6.0B | — |
总资产CMADOCU
| Q4 25 | — | $4.0B | ||
| Q3 25 | $77.4B | $3.9B | ||
| Q2 25 | $78.0B | $3.9B | ||
| Q1 25 | $77.6B | — | ||
| Q4 24 | $79.3B | — | ||
| Q3 24 | $79.7B | — | ||
| Q2 24 | $79.6B | — | ||
| Q1 24 | $79.4B | — |
负债/权益比CMADOCU
| Q4 25 | — | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.84× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 1.02× | — | ||
| Q3 24 | 0.92× | — | ||
| Q2 24 | 1.15× | — | ||
| Q1 24 | 1.18× | — |
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 | $-270.0M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | — | $262.9M |
| 自由现金流率自由现金流/营收 | — | 32.1% |
| 资本支出强度资本支出/营收 | — | 3.3% |
| 现金转化率经营现金流/净利润 | -1.53× | 3.47× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMADOCU
| Q4 25 | — | $290.3M | ||
| Q3 25 | $-270.0M | $246.1M | ||
| Q2 25 | $476.0M | $251.4M | ||
| Q1 25 | $273.0M | — | ||
| Q4 24 | $601.0M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $111.0M | — | ||
| Q1 24 | $-205.0M | — |
自由现金流CMADOCU
| Q4 25 | — | $262.9M | ||
| Q3 25 | — | $217.6M | ||
| Q2 25 | — | $227.8M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率CMADOCU
| Q4 25 | — | 32.1% | ||
| Q3 25 | — | 27.2% | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度CMADOCU
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 3.6% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率CMADOCU
| Q4 25 | — | 3.47× | ||
| Q3 25 | -1.53× | 3.91× | ||
| Q2 25 | 2.39× | 3.49× | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | — | ||
| Q3 24 | 5.70× | — | ||
| Q2 24 | 0.54× | — | ||
| Q1 24 | -1.49× | — |
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
CMA
暂无分部数据
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
