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芝商所（CME）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
芝商所的季度营收约是Martin Marietta Materials的1.4倍（$1.9B vs $1.4B），Martin Marietta Materials净利率更高（111.1% vs 0.1%，领先111.0%），Martin Marietta Materials同比增速更快（17.0% vs 14.5%），过去两年芝商所的营收复合增速更高（10.8% vs -12.1%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
CME vs MLM — 直观对比
营收规模更大
CME
是对方的1.4倍
$1.4B
营收增速更快
MLM
高出2.5%
14.5%
净利率更高
MLM
高出111.0%
0.1%
两年增速更快
CME
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.4B |
| 净利润 | $1.2M | $1.5B |
| 毛利率 | — | 22.8% |
| 营业利润率 | 0.1% | 11.9% |
| 净利率 | 0.1% | 111.1% |
| 营收同比 | 14.5% | 17.0% |
| 净利润同比 | 20.7% | — |
| 每股收益（稀释后） | — | — |
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CMEMLM
| Q1 26 | $1.9B | $1.4B | ||
| Q4 25 | $1.6B | $1.1B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.6B | $1.9B | ||
| Q2 24 | $1.5B | $1.8B |
净利润CMEMLM
| Q1 26 | $1.2M | $1.5B | ||
| Q4 25 | $1.2B | $279.0M | ||
| Q3 25 | $908.0M | $414.0M | ||
| Q2 25 | $1.0B | $328.0M | ||
| Q1 25 | $956.2M | $116.0M | ||
| Q4 24 | $874.6M | $293.0M | ||
| Q3 24 | $912.8M | $363.0M | ||
| Q2 24 | $883.2M | $294.0M |
毛利率CMEMLM
| Q1 26 | — | 22.8% | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 29.3% |
营业利润率CMEMLM
| Q1 26 | 0.1% | 11.9% | ||
| Q4 25 | 61.8% | 24.6% | ||
| Q3 25 | 63.3% | 27.4% | ||
| Q2 25 | 66.7% | 25.3% | ||
| Q1 25 | 67.5% | 14.3% | ||
| Q4 24 | 62.1% | 24.4% | ||
| Q3 24 | 64.6% | 25.9% | ||
| Q2 24 | 65.3% | 22.6% |
净利率CMEMLM
| Q1 26 | 0.1% | 111.1% | ||
| Q4 25 | 71.7% | 24.5% | ||
| Q3 25 | 59.1% | 22.4% | ||
| Q2 25 | 60.6% | 18.1% | ||
| Q1 25 | 58.2% | 8.6% | ||
| Q4 24 | 57.3% | 18.0% | ||
| Q3 24 | 57.6% | 19.2% | ||
| Q2 24 | 57.6% | 16.7% |
每股收益（稀释后）CMEMLM
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $4.59 | ||
| Q3 25 | $2.49 | $6.85 | ||
| Q2 25 | $2.81 | $5.43 | ||
| Q1 25 | $2.62 | $1.90 | ||
| Q4 24 | $2.40 | $4.87 | ||
| Q3 24 | $2.50 | $5.91 | ||
| Q2 24 | $2.42 | $4.76 |
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 | $273.0M |
| 总债务越低越好 | $3.4B | $0 |
| 股东权益账面价值 | — | $11.3B |
| 总资产 | $202.0B | $20.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CMEMLM
| Q1 26 | $2.4B | $273.0M | ||
| Q4 25 | $4.5B | $67.0M | ||
| Q3 25 | $2.6B | $57.0M | ||
| Q2 25 | $2.1B | $225.0M | ||
| Q1 25 | $1.5B | $101.0M | ||
| Q4 24 | $3.0B | $670.0M | ||
| Q3 24 | $2.4B | $52.0M | ||
| Q2 24 | $1.9B | $109.0M |
总债务CMEMLM
| Q1 26 | $3.4B | $0 | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.3B |
股东权益CMEMLM
| Q1 26 | — | $11.3B | ||
| Q4 25 | $28.7B | $10.0B | ||
| Q3 25 | $28.2B | $9.7B | ||
| Q2 25 | $27.7B | $9.4B | ||
| Q1 25 | $27.0B | $9.1B | ||
| Q4 24 | $26.5B | $9.5B | ||
| Q3 24 | $28.2B | $9.2B | ||
| Q2 24 | $27.6B | $8.8B |
总资产CMEMLM
| Q1 26 | $202.0B | $20.5B | ||
| Q4 25 | $198.4B | $18.7B | ||
| Q3 25 | $187.1B | $18.7B | ||
| Q2 25 | $179.9B | $18.1B | ||
| Q1 25 | $157.8B | $17.7B | ||
| Q4 24 | $137.4B | $18.2B | ||
| Q3 24 | $137.8B | $16.5B | ||
| Q2 24 | $123.4B | $16.3B |
负债/权益比CMEMLM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× |
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 | — | $227.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 40.4% |
| 现金转化率经营现金流/净利润 | — | 0.15× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMEMLM
| Q1 26 | — | $227.0M | ||
| Q4 25 | $1.1B | $629.0M | ||
| Q3 25 | $968.1M | $551.0M | ||
| Q2 25 | $1.1B | $387.0M | ||
| Q1 25 | $1.1B | $218.0M | ||
| Q4 24 | $1.0B | $686.0M | ||
| Q3 24 | $1.0B | $600.0M | ||
| Q2 24 | $776.9M | $1.0M |
自由现金流CMEMLM
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $424.0M | ||
| Q3 25 | $949.7M | $361.0M | ||
| Q2 25 | $1.0B | $208.0M | ||
| Q1 25 | $1.1B | $-15.0M | ||
| Q4 24 | $991.7M | $453.0M | ||
| Q3 24 | $973.2M | $317.0M | ||
| Q2 24 | $758.7M | $-138.0M |
自由现金流率CMEMLM
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 37.2% | ||
| Q3 25 | 61.8% | 19.6% | ||
| Q2 25 | 61.5% | 11.5% | ||
| Q1 25 | 67.1% | -1.1% | ||
| Q4 24 | 65.0% | 27.8% | ||
| Q3 24 | 61.4% | 16.8% | ||
| Q2 24 | 49.5% | -7.8% |
资本支出强度CMEMLM
| Q1 26 | — | 40.4% | ||
| Q4 25 | 2.0% | 18.0% | ||
| Q3 25 | 1.2% | 10.3% | ||
| Q2 25 | 1.1% | 9.9% | ||
| Q1 25 | 0.9% | 17.2% | ||
| Q4 24 | 1.7% | 14.3% | ||
| Q3 24 | 1.9% | 15.0% | ||
| Q2 24 | 1.2% | 7.9% |
现金转化率CMEMLM
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.96× | 2.25× | ||
| Q3 25 | 1.07× | 1.33× | ||
| Q2 25 | 1.03× | 1.18× | ||
| Q1 25 | 1.17× | 1.88× | ||
| Q4 24 | 1.16× | 2.34× | ||
| Q3 24 | 1.10× | 1.65× | ||
| Q2 24 | 0.88× | 0.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
