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COMERICA INC（CMA）与Ubiquiti Inc.（UI）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Ubiquiti Inc.的1.0倍（$838.0M vs $814.9M），Ubiquiti Inc.净利率更高（28.7% vs 21.0%，领先7.7%），Ubiquiti Inc.同比增速更快（35.8% vs 3.3%），过去两年COMERICA INC的营收复合增速更高（108.9% vs 28.6%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
CMA vs UI — 直观对比
营收规模更大
CMA
是对方的1.0倍
$814.9M
营收增速更快
UI
高出32.5%
3.3%
净利率更高
UI
高出7.7%
21.0%
两年增速更快
CMA
近两年复合增速
28.6%
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $838.0M | $814.9M |
| 净利润 | $176.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | — | 35.9% |
| 净利率 | 21.0% | 28.7% |
| 营收同比 | 3.3% | 35.8% |
| 净利润同比 | -4.3% | 70.8% |
| 每股收益（稀释后） | $1.35 | $3.86 |
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CMAUI
| Q4 25 | — | $814.9M | ||
| Q3 25 | $838.0M | $733.8M | ||
| Q2 25 | $849.0M | $759.2M | ||
| Q1 25 | $829.0M | $664.2M | ||
| Q4 24 | $825.0M | $599.9M | ||
| Q3 24 | $811.0M | $550.3M | ||
| Q2 24 | $824.0M | $507.5M | ||
| Q1 24 | $784.0M | $493.0M |
净利润CMAUI
| Q4 25 | — | $233.6M | ||
| Q3 25 | $176.0M | $207.9M | ||
| Q2 25 | $199.0M | $266.7M | ||
| Q1 25 | $172.0M | $180.4M | ||
| Q4 24 | $170.0M | $136.8M | ||
| Q3 24 | $184.0M | $128.0M | ||
| Q2 24 | $206.0M | $103.8M | ||
| Q1 24 | $138.0M | $76.3M |
毛利率CMAUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率CMAUI
| Q4 25 | — | 35.9% | ||
| Q3 25 | — | 35.7% | ||
| Q2 25 | — | 34.4% | ||
| Q1 25 | — | 34.2% | ||
| Q4 24 | — | 29.8% | ||
| Q3 24 | — | 30.7% | ||
| Q2 24 | — | 27.3% | ||
| Q1 24 | — | 22.6% |
净利率CMAUI
| Q4 25 | — | 28.7% | ||
| Q3 25 | 21.0% | 28.3% | ||
| Q2 25 | 23.4% | 35.1% | ||
| Q1 25 | 20.7% | 27.2% | ||
| Q4 24 | 20.6% | 22.8% | ||
| Q3 24 | 22.7% | 23.3% | ||
| Q2 24 | 25.0% | 20.5% | ||
| Q1 24 | 17.6% | 15.5% |
每股收益（稀释后）CMAUI
| Q4 25 | — | $3.86 | ||
| Q3 25 | $1.35 | $3.43 | ||
| Q2 25 | $1.42 | $4.40 | ||
| Q1 25 | $1.25 | $2.98 | ||
| Q4 24 | $1.22 | $2.26 | ||
| Q3 24 | $1.33 | $2.12 | ||
| Q2 24 | $1.49 | $1.72 | ||
| Q1 24 | $0.98 | $1.26 |
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 | — | $302.8M |
| 总债务越低越好 | $5.4B | $47.5M |
| 股东权益账面价值 | $7.4B | $1.0B |
| 总资产 | $77.4B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资CMAUI
| Q4 25 | — | $302.8M | ||
| Q3 25 | — | $177.2M | ||
| Q2 25 | — | $149.7M | ||
| Q1 25 | — | $151.0M | ||
| Q4 24 | — | $133.1M | ||
| Q3 24 | — | $165.2M | ||
| Q2 24 | — | $126.3M | ||
| Q1 24 | — | $102.5M |
总债务CMAUI
| Q4 25 | — | $47.5M | ||
| Q3 25 | $5.4B | $133.8M | ||
| Q2 25 | $5.8B | $250.0M | ||
| Q1 25 | $5.7B | $340.0M | ||
| Q4 24 | $6.7B | $406.3M | ||
| Q3 24 | $6.8B | $552.5M | ||
| Q2 24 | $7.1B | $708.1M | ||
| Q1 24 | $7.1B | $877.5M |
股东权益CMAUI
| Q4 25 | — | $1.0B | ||
| Q3 25 | $7.4B | $828.4M | ||
| Q2 25 | $6.9B | $668.3M | ||
| Q1 25 | $7.1B | $436.1M | ||
| Q4 24 | $6.5B | $290.4M | ||
| Q3 24 | $7.4B | $188.1M | ||
| Q2 24 | $6.2B | $95.1M | ||
| Q1 24 | $6.0B | $25.9M |
总资产CMAUI
| Q4 25 | — | $1.6B | ||
| Q3 25 | $77.4B | $1.5B | ||
| Q2 25 | $78.0B | $1.5B | ||
| Q1 25 | $77.6B | $1.3B | ||
| Q4 24 | $79.3B | $1.2B | ||
| Q3 24 | $79.7B | $1.2B | ||
| Q2 24 | $79.6B | $1.2B | ||
| Q1 24 | $79.4B | $1.2B |
负债/权益比CMAUI
| Q4 25 | — | 0.05× | ||
| Q3 25 | 0.73× | 0.16× | ||
| Q2 25 | 0.84× | 0.37× | ||
| Q1 25 | 0.81× | 0.78× | ||
| Q4 24 | 1.02× | 1.40× | ||
| Q3 24 | 0.92× | 2.94× | ||
| Q2 24 | 1.15× | 7.45× | ||
| Q1 24 | 1.18× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | — | $260.3M |
| 自由现金流率自由现金流/营收 | — | 31.9% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | -1.53× | 1.13× |
| 过去12个月自由现金流最近4个季度 | — | $699.5M |
8季度趋势，按日历期对齐
经营现金流CMAUI
| Q4 25 | — | $263.9M | ||
| Q3 25 | $-270.0M | $198.5M | ||
| Q2 25 | $476.0M | $130.4M | ||
| Q1 25 | $273.0M | $123.6M | ||
| Q4 24 | $601.0M | $152.4M | ||
| Q3 24 | $1.0B | $233.7M | ||
| Q2 24 | $111.0M | $231.4M | ||
| Q1 24 | $-205.0M | $163.9M |
自由现金流CMAUI
| Q4 25 | — | $260.3M | ||
| Q3 25 | — | $193.3M | ||
| Q2 25 | — | $125.2M | ||
| Q1 25 | — | $120.7M | ||
| Q4 24 | — | $150.4M | ||
| Q3 24 | — | $231.1M | ||
| Q2 24 | — | $229.5M | ||
| Q1 24 | — | $160.6M |
自由现金流率CMAUI
| Q4 25 | — | 31.9% | ||
| Q3 25 | — | 26.3% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 18.2% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | — | 42.0% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 32.6% |
资本支出强度CMAUI
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.7% |
现金转化率CMAUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | -1.53× | 0.95× | ||
| Q2 25 | 2.39× | 0.49× | ||
| Q1 25 | 1.59× | 0.68× | ||
| Q4 24 | 3.54× | 1.11× | ||
| Q3 24 | 5.70× | 1.83× | ||
| Q2 24 | 0.54× | 2.23× | ||
| Q1 24 | -1.49× | 2.15× |
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
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
