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COMMERCIAL METALS Co（CMC）与Regions Financial Corporation（RF）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Regions Financial Corporation的1.7倍（$2.1B vs $1.3B），Regions Financial Corporation净利率更高（41.7% vs 8.4%，领先33.3%），COMMERCIAL METALS Co同比增速更快（11.0% vs 4.1%），过去两年COMMERCIAL METALS Co的营收复合增速更高（7.1% vs 4.0%）
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。
Regions Financial Corporation是美国银行控股企业，总部位于阿拉巴马州伯明翰市。公司提供零售及商业银行、信托、股票经纪、抵押贷款等服务，旗下银行业务子公司Regions Bank在美国南部和中西部15个州运营约1300家营业网点和2000台自动柜员机，服务大量当地个人及企业客户。
CMC vs RF — 直观对比
营收规模更大
CMC
是对方的1.7倍
$1.3B
营收增速更快
CMC
高出6.9%
4.1%
净利率更高
RF
高出33.3%
8.4%
两年增速更快
CMC
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.3B |
| 净利润 | $177.3M | $534.0M |
| 毛利率 | 19.2% | — |
| 营业利润率 | 8.6% | 55.3% |
| 净利率 | 8.4% | 41.7% |
| 营收同比 | 11.0% | 4.1% |
| 净利润同比 | 200.9% | 0.0% |
| 每股收益（稀释后） | $1.58 | $0.59 |
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CMCRF
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.1B | $1.2B | ||
| Q1 24 | $1.8B | $1.2B |
净利润CMCRF
| Q4 25 | $177.3M | $534.0M | ||
| Q3 25 | $151.8M | $569.0M | ||
| Q2 25 | $83.1M | $563.0M | ||
| Q1 25 | $25.5M | $490.0M | ||
| Q4 24 | $-175.7M | $534.0M | ||
| Q3 24 | $103.9M | $490.0M | ||
| Q2 24 | $119.4M | $501.0M | ||
| Q1 24 | $85.8M | $368.0M |
毛利率CMCRF
| Q4 25 | 19.2% | — | ||
| Q3 25 | 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CMCRF
| Q4 25 | 8.6% | 55.3% | ||
| Q3 25 | 9.1% | 56.3% | ||
| Q2 25 | 5.4% | 56.1% | ||
| Q1 25 | 2.1% | 52.0% | ||
| Q4 24 | -12.1% | 53.4% | ||
| Q3 24 | 6.7% | 49.9% | ||
| Q2 24 | 7.7% | 52.7% | ||
| Q1 24 | 6.3% | 39.2% |
净利率CMCRF
| Q4 25 | 8.4% | 41.7% | ||
| Q3 25 | 7.2% | 45.3% | ||
| Q2 25 | 4.1% | 44.7% | ||
| Q1 25 | 1.5% | 41.0% | ||
| Q4 24 | -9.2% | 43.4% | ||
| Q3 24 | 5.2% | 40.2% | ||
| Q2 24 | 5.7% | 42.2% | ||
| Q1 24 | 4.6% | 31.1% |
每股收益（稀释后）CMCRF
| Q4 25 | $1.58 | $0.59 | ||
| Q3 25 | $1.33 | $0.61 | ||
| Q2 25 | $0.73 | $0.59 | ||
| Q1 25 | $0.22 | $0.51 | ||
| Q4 24 | $-1.54 | $0.55 | ||
| Q3 24 | $0.90 | $0.49 | ||
| Q2 24 | $1.02 | $0.52 | ||
| Q1 24 | $0.73 | $0.37 |
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 | $1.0B | — |
| 总债务越低越好 | $3.3B | $4.1B |
| 股东权益账面价值 | $4.3B | $19.0B |
| 总资产 | $9.2B | $158.8B |
| 负债/权益比越低杠杆越低 | 0.77× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资CMCRF
| Q4 25 | $1.0B | — | ||
| Q3 25 | $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CMCRF
| Q4 25 | $3.3B | $4.1B | ||
| Q3 25 | $1.3B | $4.8B | ||
| Q2 25 | $1.3B | $5.3B | ||
| Q1 25 | $1.2B | $6.0B | ||
| Q4 24 | $1.1B | $6.0B | ||
| Q3 24 | $1.2B | $6.0B | ||
| Q2 24 | $1.1B | $5.1B | ||
| Q1 24 | $1.1B | $3.3B |
股东权益CMCRF
| Q4 25 | $4.3B | $19.0B | ||
| Q3 25 | $4.2B | $19.0B | ||
| Q2 25 | $4.1B | $18.7B | ||
| Q1 25 | $4.0B | $18.5B | ||
| Q4 24 | $4.0B | $17.9B | ||
| Q3 24 | $4.3B | $18.7B | ||
| Q2 24 | $4.3B | $17.2B | ||
| Q1 24 | $4.2B | $17.0B |
总资产CMCRF
| Q4 25 | $9.2B | $158.8B | ||
| Q3 25 | $7.2B | $159.9B | ||
| Q2 25 | $7.0B | $159.2B | ||
| Q1 25 | $6.7B | $159.8B | ||
| Q4 24 | $6.8B | $157.3B | ||
| Q3 24 | $6.8B | $157.4B | ||
| Q2 24 | $6.7B | $154.1B | ||
| Q1 24 | $6.7B | $154.9B |
负债/权益比CMCRF
| Q4 25 | 0.77× | 0.22× | ||
| Q3 25 | 0.31× | 0.25× | ||
| Q2 25 | 0.32× | 0.28× | ||
| Q1 25 | 0.29× | 0.32× | ||
| Q4 24 | 0.29× | 0.34× | ||
| Q3 24 | 0.27× | 0.32× | ||
| Q2 24 | 0.27× | 0.30× | ||
| Q1 24 | 0.27× | 0.20× |
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 | $204.2M | $-319.0M |
| 自由现金流经营现金流 - 资本支出 | $78.8M | — |
| 自由现金流率自由现金流/营收 | 3.7% | — |
| 资本支出强度资本支出/营收 | 5.9% | — |
| 现金转化率经营现金流/净利润 | 1.15× | -0.60× |
| 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CMCRF
| Q4 25 | $204.2M | $-319.0M | ||
| Q3 25 | $315.2M | $861.0M | ||
| Q2 25 | $154.4M | $573.0M | ||
| Q1 25 | $32.4M | $1.1B | ||
| Q4 24 | $213.0M | $-220.0M | ||
| Q3 24 | $351.8M | $1.3B | ||
| Q2 24 | $197.9M | $161.0M | ||
| Q1 24 | $89.0M | $396.0M |
自由现金流CMCRF
| Q4 25 | $78.8M | — | ||
| Q3 25 | $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CMCRF
| Q4 25 | 3.7% | — | ||
| Q3 25 | 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CMCRF
| Q4 25 | 5.9% | — | ||
| Q3 25 | 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CMCRF
| Q4 25 | 1.15× | -0.60× | ||
| Q3 25 | 2.08× | 1.51× | ||
| Q2 25 | 1.86× | 1.02× | ||
| Q1 25 | 1.27× | 2.18× | ||
| Q4 24 | — | -0.41× | ||
| Q3 24 | 3.39× | 2.57× | ||
| Q2 24 | 1.66× | 0.32× | ||
| Q1 24 | 1.04× | 1.08× |
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
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% |
RF
| Consumer Bank | $747.0M | 58% |
| Corporate Bank | $487.0M | 38% |
| Wealth Management | $47.0M | 4% |
