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COMERICA INC（CMA）与利氏兄弟拍卖行（RBA）财务数据对比。点击上方公司名可切换其他公司
利氏兄弟拍卖行的季度营收约是COMERICA INC的1.4倍（$1.2B vs $838.0M），COMERICA INC净利率更高（21.0% vs 9.1%，领先11.9%），利氏兄弟拍卖行同比增速更快（5.4% vs 3.3%），过去两年COMERICA INC的营收复合增速更高（108.9% vs 6.3%）
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。
利氏兄弟拍卖行（股票代码RBA）是全球知名的工业资产拍卖服务商，注册地位于加拿大，属公开上市企业，总部设在美国伊利诺伊州韦斯特切斯特，普通股同时在多伦多证券交易所与纽约证券交易所挂牌交易。
CMA vs RBA — 直观对比
营收规模更大
RBA
是对方的1.4倍
$838.0M
营收增速更快
RBA
高出2.1%
3.3%
净利率更高
CMA
高出11.9%
9.1%
两年增速更快
CMA
近两年复合增速
6.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $838.0M | $1.2B |
| 净利润 | $176.0M | $109.7M |
| 毛利率 | — | — |
| 营业利润率 | — | 14.7% |
| 净利率 | 21.0% | 9.1% |
| 营收同比 | 3.3% | 5.4% |
| 净利润同比 | -4.3% | -7.4% |
| 每股收益（稀释后） | $1.35 | $0.53 |
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CMARBA
| Q4 25 | — | $1.2B | ||
| Q3 25 | $838.0M | $1.1B | ||
| Q2 25 | $849.0M | $1.2B | ||
| Q1 25 | $829.0M | $1.1B | ||
| Q4 24 | $825.0M | $1.1B | ||
| Q3 24 | $811.0M | $981.8M | ||
| Q2 24 | $824.0M | $1.1B | ||
| Q1 24 | $784.0M | $1.1B |
净利润CMARBA
| Q4 25 | — | $109.7M | ||
| Q3 25 | $176.0M | $95.5M | ||
| Q2 25 | $199.0M | $109.8M | ||
| Q1 25 | $172.0M | $113.4M | ||
| Q4 24 | $170.0M | $118.5M | ||
| Q3 24 | $184.0M | $76.1M | ||
| Q2 24 | $206.0M | $111.1M | ||
| Q1 24 | $138.0M | $107.4M |
营业利润率CMARBA
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 15.9% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 18.4% | ||
| Q1 24 | — | 18.7% |
净利率CMARBA
| Q4 25 | — | 9.1% | ||
| Q3 25 | 21.0% | 8.7% | ||
| Q2 25 | 23.4% | 9.3% | ||
| Q1 25 | 20.7% | 10.2% | ||
| Q4 24 | 20.6% | 10.4% | ||
| Q3 24 | 22.7% | 7.8% | ||
| Q2 24 | 25.0% | 10.1% | ||
| Q1 24 | 17.6% | 10.1% |
每股收益（稀释后）CMARBA
| Q4 25 | — | $0.53 | ||
| Q3 25 | $1.35 | $0.43 | ||
| Q2 25 | $1.42 | $0.53 | ||
| Q1 25 | $1.25 | $0.55 | ||
| Q4 24 | $1.22 | $0.58 | ||
| Q3 24 | $1.33 | $0.36 | ||
| Q2 24 | $1.49 | $0.54 | ||
| Q1 24 | $0.98 | $0.53 |
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 | — | $531.5M |
| 总债务越低越好 | $5.4B | $2.3B |
| 股东权益账面价值 | $7.4B | $5.6B |
| 总资产 | $77.4B | $12.1B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CMARBA
| Q4 25 | — | $531.5M | ||
| Q3 25 | — | $674.7M | ||
| Q2 25 | — | $710.2M | ||
| Q1 25 | — | $578.1M | ||
| Q4 24 | — | $533.9M | ||
| Q3 24 | — | $650.7M | ||
| Q2 24 | — | $599.5M | ||
| Q1 24 | — | $462.8M |
总债务CMARBA
| Q4 25 | — | $2.3B | ||
| Q3 25 | $5.4B | $2.6B | ||
| Q2 25 | $5.8B | $2.6B | ||
| Q1 25 | $5.7B | $2.6B | ||
| Q4 24 | $6.7B | $2.6B | ||
| Q3 24 | $6.8B | $2.7B | ||
| Q2 24 | $7.1B | $2.8B | ||
| Q1 24 | $7.1B | $2.9B |
股东权益CMARBA
| Q4 25 | — | $5.6B | ||
| Q3 25 | $7.4B | $5.5B | ||
| Q2 25 | $6.9B | $5.5B | ||
| Q1 25 | $7.1B | $5.3B | ||
| Q4 24 | $6.5B | $5.2B | ||
| Q3 24 | $7.4B | $5.2B | ||
| Q2 24 | $6.2B | $5.2B | ||
| Q1 24 | $6.0B | $5.1B |
总资产CMARBA
| Q4 25 | — | $12.1B | ||
| Q3 25 | $77.4B | $12.2B | ||
| Q2 25 | $78.0B | $12.2B | ||
| Q1 25 | $77.6B | $11.9B | ||
| Q4 24 | $79.3B | $11.8B | ||
| Q3 24 | $79.7B | $11.9B | ||
| Q2 24 | $79.6B | $12.1B | ||
| Q1 24 | $79.4B | $12.0B |
负债/权益比CMARBA
| Q4 25 | — | 0.42× | ||
| Q3 25 | 0.73× | 0.47× | ||
| Q2 25 | 0.84× | 0.47× | ||
| Q1 25 | 0.81× | 0.50× | ||
| Q4 24 | 1.02× | 0.50× | ||
| Q3 24 | 0.92× | 0.52× | ||
| Q2 24 | 1.15× | 0.55× | ||
| Q1 24 | 1.18× | 0.58× |
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 | $255.2M |
| 自由现金流经营现金流 - 资本支出 | — | $186.5M |
| 自由现金流率自由现金流/营收 | — | 15.5% |
| 资本支出强度资本支出/营收 | — | 5.7% |
| 现金转化率经营现金流/净利润 | -1.53× | 2.33× |
| 过去12个月自由现金流最近4个季度 | — | $719.2M |
8季度趋势，按日历期对齐
经营现金流CMARBA
| Q4 25 | — | $255.2M | ||
| Q3 25 | $-270.0M | $239.7M | ||
| Q2 25 | $476.0M | $326.5M | ||
| Q1 25 | $273.0M | $156.8M | ||
| Q4 24 | $601.0M | $184.5M | ||
| Q3 24 | $1.0B | $285.4M | ||
| Q2 24 | $111.0M | $337.3M | ||
| Q1 24 | $-205.0M | $124.8M |
自由现金流CMARBA
| Q4 25 | — | $186.5M | ||
| Q3 25 | — | $188.5M | ||
| Q2 25 | — | $241.7M | ||
| Q1 25 | — | $102.5M | ||
| Q4 24 | — | $127.9M | ||
| Q3 24 | — | $248.5M | ||
| Q2 24 | — | $308.6M | ||
| Q1 24 | — | $79.6M |
自由现金流率CMARBA
| Q4 25 | — | 15.5% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 20.4% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 25.3% | ||
| Q2 24 | — | 28.2% | ||
| Q1 24 | — | 7.5% |
资本支出强度CMARBA
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 7.2% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 2.6% | ||
| Q1 24 | — | 4.2% |
现金转化率CMARBA
| Q4 25 | — | 2.33× | ||
| Q3 25 | -1.53× | 2.51× | ||
| Q2 25 | 2.39× | 2.97× | ||
| Q1 25 | 1.59× | 1.38× | ||
| Q4 24 | 3.54× | 1.56× | ||
| Q3 24 | 5.70× | 3.75× | ||
| Q2 24 | 0.54× | 3.04× | ||
| Q1 24 | -1.49× | 1.16× |
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
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |
