vs
COMMERCIAL METALS Co（CMC）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
COMMERCIAL METALS Co的季度营收约是瑞思迈的1.5倍（$2.1B vs $1.4B），瑞思迈净利率更高（27.6% vs 8.4%，领先19.2%），COMMERCIAL METALS Co同比增速更快（11.0% vs 11.0%），过去两年瑞思迈的营收复合增速更高（7.9% vs 7.1%）
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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
CMC vs RMD — 直观对比
营收规模更大
CMC
是对方的1.5倍
$1.4B
营收增速更快
CMC
高出0.1%
11.0%
净利率更高
RMD
高出19.2%
8.4%
两年增速更快
RMD
近两年复合增速
7.1%
损益表 — Q1 FY2026 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.4B |
| 净利润 | $177.3M | $392.6M |
| 毛利率 | 19.2% | 61.8% |
| 营业利润率 | 8.6% | 34.6% |
| 净利率 | 8.4% | 27.6% |
| 营收同比 | 11.0% | 11.0% |
| 净利润同比 | 200.9% | 13.9% |
| 每股收益（稀释后） | $1.58 | $2.68 |
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CMCRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $2.1B | $1.4B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.0B | $1.2B | ||
| Q2 24 | $2.1B | $1.2B |
净利润CMCRMD
| Q2 26 | — | $392.6M | ||
| Q4 25 | $177.3M | $392.6M | ||
| Q3 25 | $151.8M | $348.5M | ||
| Q2 25 | $83.1M | $379.7M | ||
| Q1 25 | $25.5M | $365.0M | ||
| Q4 24 | $-175.7M | $344.6M | ||
| Q3 24 | $103.9M | $311.4M | ||
| Q2 24 | $119.4M | $292.2M |
毛利率CMCRMD
| Q2 26 | — | 61.8% | ||
| Q4 25 | 19.2% | 61.8% | ||
| Q3 25 | 18.6% | 61.5% | ||
| Q2 25 | 14.8% | 60.8% | ||
| Q1 25 | 12.5% | 59.3% | ||
| Q4 24 | 16.1% | 58.6% | ||
| Q3 24 | 16.2% | 58.6% | ||
| Q2 24 | 16.4% | 58.5% |
营业利润率CMCRMD
| Q2 26 | — | 34.6% | ||
| Q4 25 | 8.6% | 34.6% | ||
| Q3 25 | 9.1% | 33.4% | ||
| Q2 25 | 5.4% | 33.7% | ||
| Q1 25 | 2.1% | 33.0% | ||
| Q4 24 | -12.1% | 32.5% | ||
| Q3 24 | 6.7% | 31.6% | ||
| Q2 24 | 7.7% | 31.2% |
净利率CMCRMD
| Q2 26 | — | 27.6% | ||
| Q4 25 | 8.4% | 27.6% | ||
| Q3 25 | 7.2% | 26.1% | ||
| Q2 25 | 4.1% | 28.2% | ||
| Q1 25 | 1.5% | 28.3% | ||
| Q4 24 | -9.2% | 26.9% | ||
| Q3 24 | 5.2% | 25.4% | ||
| Q2 24 | 5.7% | 23.9% |
每股收益（稀释后）CMCRMD
| Q2 26 | — | $2.68 | ||
| Q4 25 | $1.58 | $2.68 | ||
| Q3 25 | $1.33 | $2.37 | ||
| Q2 25 | $0.73 | $2.58 | ||
| Q1 25 | $0.22 | $2.48 | ||
| Q4 24 | $-1.54 | $2.34 | ||
| Q3 24 | $0.90 | $2.11 | ||
| Q2 24 | $1.02 | $1.97 |
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 | $1.4B |
| 总债务越低越好 | $3.3B | $663.8M |
| 股东权益账面价值 | $4.3B | $6.3B |
| 总资产 | $9.2B | $8.5B |
| 负债/权益比越低杠杆越低 | 0.77× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资CMCRMD
| Q2 26 | — | $1.4B | ||
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $893.0M | $1.2B | ||
| Q1 25 | $758.4M | $932.7M | ||
| Q4 24 | $856.1M | $521.9M | ||
| Q3 24 | $857.9M | $426.4M | ||
| Q2 24 | $698.3M | $238.4M |
总债务CMCRMD
| Q2 26 | — | $663.8M | ||
| Q4 25 | $3.3B | $403.9M | ||
| Q3 25 | $1.3B | $408.7M | ||
| Q2 25 | $1.3B | $658.4M | ||
| Q1 25 | $1.2B | $663.1M | ||
| Q4 24 | $1.1B | $662.9M | ||
| Q3 24 | $1.2B | $667.6M | ||
| Q2 24 | $1.1B | $697.3M |
股东权益CMCRMD
| Q2 26 | — | $6.3B | ||
| Q4 25 | $4.3B | $6.3B | ||
| Q3 25 | $4.2B | $6.1B | ||
| Q2 25 | $4.1B | $6.0B | ||
| Q1 25 | $4.0B | $5.5B | ||
| Q4 24 | $4.0B | $5.3B | ||
| Q3 24 | $4.3B | $5.2B | ||
| Q2 24 | $4.3B | $4.9B |
总资产CMCRMD
| Q2 26 | — | $8.5B | ||
| Q4 25 | $9.2B | $8.5B | ||
| Q3 25 | $7.2B | $8.3B | ||
| Q2 25 | $7.0B | $8.2B | ||
| Q1 25 | $6.7B | $7.6B | ||
| Q4 24 | $6.8B | $7.1B | ||
| Q3 24 | $6.8B | $7.2B | ||
| Q2 24 | $6.7B | $6.9B |
负债/权益比CMCRMD
| Q2 26 | — | 0.11× | ||
| Q4 25 | 0.77× | 0.06× | ||
| Q3 25 | 0.31× | 0.07× | ||
| Q2 25 | 0.32× | 0.11× | ||
| Q1 25 | 0.29× | 0.12× | ||
| Q4 24 | 0.29× | 0.13× | ||
| Q3 24 | 0.27× | 0.13× | ||
| Q2 24 | 0.27× | 0.14× |
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 | — |
| 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× | — |
| 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CMCRMD
| Q2 26 | — | — | ||
| Q4 25 | $204.2M | $339.7M | ||
| Q3 25 | $315.2M | $457.3M | ||
| Q2 25 | $154.4M | $538.8M | ||
| Q1 25 | $32.4M | $578.7M | ||
| Q4 24 | $213.0M | $308.6M | ||
| Q3 24 | $351.8M | $325.5M | ||
| Q2 24 | $197.9M | $440.1M |
自由现金流CMCRMD
| Q2 26 | — | — | ||
| Q4 25 | $78.8M | $311.2M | ||
| Q3 25 | $206.3M | $414.4M | ||
| Q2 25 | $65.0M | $508.2M | ||
| Q1 25 | $-53.8M | $557.9M | ||
| Q4 24 | $94.8M | $288.0M | ||
| Q3 24 | $270.3M | $307.7M | ||
| Q2 24 | $115.8M | $415.2M |
自由现金流率CMCRMD
| Q2 26 | — | — | ||
| Q4 25 | 3.7% | 21.9% | ||
| Q3 25 | 9.8% | 31.0% | ||
| Q2 25 | 3.2% | 37.7% | ||
| Q1 25 | -3.1% | 43.2% | ||
| Q4 24 | 5.0% | 22.5% | ||
| Q3 24 | 13.5% | 25.1% | ||
| Q2 24 | 5.6% | 33.9% |
资本支出强度CMCRMD
| Q2 26 | — | — | ||
| Q4 25 | 5.9% | 2.0% | ||
| Q3 25 | 5.2% | 3.2% | ||
| Q2 25 | 4.4% | 2.3% | ||
| Q1 25 | 4.9% | 1.6% | ||
| Q4 24 | 6.2% | 1.6% | ||
| Q3 24 | 4.1% | 1.5% | ||
| Q2 24 | 3.9% | 2.0% |
现金转化率CMCRMD
| Q2 26 | — | — | ||
| Q4 25 | 1.15× | 0.87× | ||
| Q3 25 | 2.08× | 1.31× | ||
| Q2 25 | 1.86× | 1.42× | ||
| Q1 25 | 1.27× | 1.59× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | 3.39× | 1.05× | ||
| Q2 24 | 1.66× | 1.51× |
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% |
RMD
暂无分部数据
