vs
芝商所（CME）与COMMUNITY HEALTH SYSTEMS INC（CYH）财务数据对比。点击上方公司名可切换其他公司
COMMUNITY HEALTH SYSTEMS INC的季度营收约是芝商所的1.7倍（$3.1B vs $1.9B），COMMUNITY HEALTH SYSTEMS INC净利率更高（3.5% vs 0.1%，领先3.5%），芝商所同比增速更快（14.5% vs -4.8%），过去两年芝商所的营收复合增速更高（10.8% vs -0.5%）
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
社区卫生系统公司总部位于美国田纳西州富兰克林，是财富500强企业。按急症护理机构数量计算，该公司曾是美国最大的综合医院医疗服务提供商。2014年它旗下有约200家医院，到2021年机构数量缩减至约85家。
CME vs CYH — 直观对比
营收规模更大
CYH
是对方的1.7倍
$1.9B
营收增速更快
CME
高出19.3%
-4.8%
净利率更高
CYH
高出3.5%
0.1%
两年增速更快
CME
近两年复合增速
-0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.1B |
| 净利润 | $1.2M | $110.0M |
| 毛利率 | — | 85.6% |
| 营业利润率 | 0.1% | 14.5% |
| 净利率 | 0.1% | 3.5% |
| 营收同比 | 14.5% | -4.8% |
| 净利润同比 | 20.7% | 254.9% |
| 每股收益（稀释后） | — | $0.82 |
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CMECYH
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $3.1B | ||
| Q3 25 | $1.5B | $3.1B | ||
| Q2 25 | $1.7B | $3.1B | ||
| Q1 25 | $1.6B | $3.2B | ||
| Q4 24 | $1.5B | $3.3B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.5B | $3.1B |
净利润CMECYH
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $110.0M | ||
| Q3 25 | $908.0M | $130.0M | ||
| Q2 25 | $1.0B | $282.0M | ||
| Q1 25 | $956.2M | $-13.0M | ||
| Q4 24 | $874.6M | $-71.0M | ||
| Q3 24 | $912.8M | $-391.0M | ||
| Q2 24 | $883.2M | $-13.0M |
毛利率CMECYH
| Q1 26 | — | — | ||
| Q4 25 | — | 85.6% | ||
| Q3 25 | — | 85.1% | ||
| Q2 25 | — | 85.0% | ||
| Q1 25 | — | 84.5% | ||
| Q4 24 | — | 84.5% | ||
| Q3 24 | — | 84.8% | ||
| Q2 24 | — | 84.6% |
营业利润率CMECYH
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | 14.5% | ||
| Q3 25 | 63.3% | 7.9% | ||
| Q2 25 | 66.7% | 16.3% | ||
| Q1 25 | 67.5% | 9.0% | ||
| Q4 24 | 62.1% | 8.5% | ||
| Q3 24 | 64.6% | -6.6% | ||
| Q2 24 | 65.3% | 7.6% |
净利率CMECYH
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | 3.5% | ||
| Q3 25 | 59.1% | 4.2% | ||
| Q2 25 | 60.6% | 9.0% | ||
| Q1 25 | 58.2% | -0.4% | ||
| Q4 24 | 57.3% | -2.2% | ||
| Q3 24 | 57.6% | -12.7% | ||
| Q2 24 | 57.6% | -0.4% |
每股收益（稀释后）CMECYH
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $0.82 | ||
| Q3 25 | $2.49 | $0.96 | ||
| Q2 25 | $2.81 | $2.09 | ||
| Q1 25 | $2.62 | $-0.10 | ||
| Q4 24 | $2.40 | $-0.53 | ||
| Q3 24 | $2.50 | $-2.95 | ||
| Q2 24 | $2.42 | $-0.10 |
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 | $2.4B | $260.0M |
| 总债务越低越好 | $3.4B | $10.4B |
| 股东权益账面价值 | — | $-1.4B |
| 总资产 | $202.0B | $13.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CMECYH
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $260.0M | ||
| Q3 25 | $2.6B | $123.0M | ||
| Q2 25 | $2.1B | $456.0M | ||
| Q1 25 | $1.5B | $431.0M | ||
| Q4 24 | $3.0B | $37.0M | ||
| Q3 24 | $2.4B | $33.0M | ||
| Q2 24 | $1.9B | $39.0M |
总债务CMECYH
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | $10.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $11.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMECYH
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $-1.4B | ||
| Q3 25 | $28.2B | $-1.5B | ||
| Q2 25 | $27.7B | $-1.6B | ||
| Q1 25 | $27.0B | $-1.9B | ||
| Q4 24 | $26.5B | $-1.9B | ||
| Q3 24 | $28.2B | $-1.8B | ||
| Q2 24 | $27.6B | $-1.4B |
总资产CMECYH
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $13.2B | ||
| Q3 25 | $187.1B | $13.2B | ||
| Q2 25 | $179.9B | $13.6B | ||
| Q1 25 | $157.8B | $13.9B | ||
| Q4 24 | $137.4B | $14.1B | ||
| Q3 24 | $137.8B | $13.9B | ||
| Q2 24 | $123.4B | $14.4B |
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 | — | $266.0M |
| 自由现金流经营现金流 - 资本支出 | — | $172.0M |
| 自由现金流率自由现金流/营收 | — | 5.5% |
| 资本支出强度资本支出/营收 | — | 3.0% |
| 现金转化率经营现金流/净利润 | — | 2.42× |
| 过去12个月自由现金流最近4个季度 | — | $208.0M |
8季度趋势，按日历期对齐
经营现金流CMECYH
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $266.0M | ||
| Q3 25 | $968.1M | $69.0M | ||
| Q2 25 | $1.1B | $88.0M | ||
| Q1 25 | $1.1B | $120.0M | ||
| Q4 24 | $1.0B | $216.0M | ||
| Q3 24 | $1.0B | $67.0M | ||
| Q2 24 | $776.9M | $101.0M |
自由现金流CMECYH
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $172.0M | ||
| Q3 25 | $949.7M | $4.0M | ||
| Q2 25 | $1.0B | $-3.0M | ||
| Q1 25 | $1.1B | $35.0M | ||
| Q4 24 | $991.7M | $107.0M | ||
| Q3 24 | $973.2M | $-3.0M | ||
| Q2 24 | $758.7M | $13.0M |
自由现金流率CMECYH
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 5.5% | ||
| Q3 25 | 61.8% | 0.1% | ||
| Q2 25 | 61.5% | -0.1% | ||
| Q1 25 | 67.1% | 1.1% | ||
| Q4 24 | 65.0% | 3.3% | ||
| Q3 24 | 61.4% | -0.1% | ||
| Q2 24 | 49.5% | 0.4% |
资本支出强度CMECYH
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 3.0% | ||
| Q3 25 | 1.2% | 2.1% | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 0.9% | 2.7% | ||
| Q4 24 | 1.7% | 3.3% | ||
| Q3 24 | 1.9% | 2.3% | ||
| Q2 24 | 1.2% | 2.8% |
现金转化率CMECYH
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 2.42× | ||
| Q3 25 | 1.07× | 0.53× | ||
| Q2 25 | 1.03× | 0.31× | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.16× | — | ||
| Q3 24 | 1.10× | — | ||
| Q2 24 | 0.88× | — |
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
CME
暂无分部数据
CYH
| Managed Care And Other Third Party Payors | $1.5B | 49% |
| Medicare Managed Care | $570.0M | 18% |
| Medicare | $512.0M | 16% |
| Medicaid | $464.0M | 15% |
| Self Pay Revenue | $34.0M | 1% |
