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芝商所（CME）与越洋钻探（RIG）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越洋钻探的1.8倍（$1.9B vs $1.0B），越洋钻探净利率更高（2.4% vs 0.1%，领先2.3%），芝商所同比增速更快（14.5% vs 9.6%），过去两年越洋钻探的营收复合增速更高（16.9% vs 10.8%）
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。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
CME vs RIG — 直观对比
营收规模更大
CME
是对方的1.8倍
$1.0B
营收增速更快
CME
高出4.9%
9.6%
净利率更高
RIG
高出2.3%
0.1%
两年增速更快
RIG
近两年复合增速
10.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.0B |
| 净利润 | $1.2M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 0.1% | 23.0% |
| 净利率 | 0.1% | 2.4% |
| 营收同比 | 14.5% | 9.6% |
| 净利润同比 | 20.7% | 257.1% |
| 每股收益（稀释后） | — | $0.13 |
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CMERIG
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.7B | $988.0M | ||
| Q1 25 | $1.6B | $906.0M | ||
| Q4 24 | $1.5B | $952.0M | ||
| Q3 24 | $1.6B | $948.0M | ||
| Q2 24 | $1.5B | $861.0M |
净利润CMERIG
| Q1 26 | $1.2M | — | ||
| Q4 25 | $1.2B | $25.0M | ||
| Q3 25 | $908.0M | $-1.9B | ||
| Q2 25 | $1.0B | $-938.0M | ||
| Q1 25 | $956.2M | $-79.0M | ||
| Q4 24 | $874.6M | $7.0M | ||
| Q3 24 | $912.8M | $-494.0M | ||
| Q2 24 | $883.2M | $-123.0M |
毛利率CMERIG
| Q1 26 | — | — | ||
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% |
营业利润率CMERIG
| Q1 26 | 0.1% | — | ||
| Q4 25 | 61.8% | 23.0% | ||
| Q3 25 | 63.3% | -163.1% | ||
| Q2 25 | 66.7% | -97.6% | ||
| Q1 25 | 67.5% | 7.1% | ||
| Q4 24 | 62.1% | 13.7% | ||
| Q3 24 | 64.6% | -51.2% | ||
| Q2 24 | 65.3% | -6.9% |
净利率CMERIG
| Q1 26 | 0.1% | — | ||
| Q4 25 | 71.7% | 2.4% | ||
| Q3 25 | 59.1% | -187.1% | ||
| Q2 25 | 60.6% | -94.9% | ||
| Q1 25 | 58.2% | -8.7% | ||
| Q4 24 | 57.3% | 0.7% | ||
| Q3 24 | 57.6% | -52.1% | ||
| Q2 24 | 57.6% | -14.3% |
每股收益（稀释后）CMERIG
| Q1 26 | — | — | ||
| Q4 25 | $3.24 | $0.13 | ||
| Q3 25 | $2.49 | $-2.00 | ||
| Q2 25 | $2.81 | $-1.06 | ||
| Q1 25 | $2.62 | $-0.11 | ||
| Q4 24 | $2.40 | $-0.14 | ||
| Q3 24 | $2.50 | $-0.58 | ||
| Q2 24 | $2.42 | $-0.15 |
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 | $620.0M |
| 总债务越低越好 | $3.4B | $5.2B |
| 股东权益账面价值 | — | $8.1B |
| 总资产 | $202.0B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资CMERIG
| Q1 26 | $2.4B | — | ||
| Q4 25 | $4.5B | $620.0M | ||
| Q3 25 | $2.6B | $833.0M | ||
| Q2 25 | $2.1B | $377.0M | ||
| Q1 25 | $1.5B | $263.0M | ||
| Q4 24 | $3.0B | $560.0M | ||
| Q3 24 | $2.4B | $435.0M | ||
| Q2 24 | $1.9B | $475.0M |
总债务CMERIG
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B |
股东权益CMERIG
| Q1 26 | — | — | ||
| Q4 25 | $28.7B | $8.1B | ||
| Q3 25 | $28.2B | $8.1B | ||
| Q2 25 | $27.7B | $9.4B | ||
| Q1 25 | $27.0B | $10.2B | ||
| Q4 24 | $26.5B | $10.3B | ||
| Q3 24 | $28.2B | $10.2B | ||
| Q2 24 | $27.6B | $10.7B |
总资产CMERIG
| Q1 26 | $202.0B | — | ||
| Q4 25 | $198.4B | $15.6B | ||
| Q3 25 | $187.1B | $16.2B | ||
| Q2 25 | $179.9B | $17.8B | ||
| Q1 25 | $157.8B | $19.0B | ||
| Q4 24 | $137.4B | $19.4B | ||
| Q3 24 | $137.8B | $19.5B | ||
| Q2 24 | $123.4B | $20.3B |
负债/权益比CMERIG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× |
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 | — | $349.0M |
| 自由现金流经营现金流 - 资本支出 | — | $321.0M |
| 自由现金流率自由现金流/营收 | — | 30.8% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | — | $626.0M |
8季度趋势，按日历期对齐
经营现金流CMERIG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $349.0M | ||
| Q3 25 | $968.1M | $246.0M | ||
| Q2 25 | $1.1B | $128.0M | ||
| Q1 25 | $1.1B | $26.0M | ||
| Q4 24 | $1.0B | $206.0M | ||
| Q3 24 | $1.0B | $194.0M | ||
| Q2 24 | $776.9M | $133.0M |
自由现金流CMERIG
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $321.0M | ||
| Q3 25 | $949.7M | $235.0M | ||
| Q2 25 | $1.0B | $104.0M | ||
| Q1 25 | $1.1B | $-34.0M | ||
| Q4 24 | $991.7M | $177.0M | ||
| Q3 24 | $973.2M | $136.0M | ||
| Q2 24 | $758.7M | $49.0M |
自由现金流率CMERIG
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 30.8% | ||
| Q3 25 | 61.8% | 22.9% | ||
| Q2 25 | 61.5% | 10.5% | ||
| Q1 25 | 67.1% | -3.8% | ||
| Q4 24 | 65.0% | 18.6% | ||
| Q3 24 | 61.4% | 14.3% | ||
| Q2 24 | 49.5% | 5.7% |
资本支出强度CMERIG
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 2.7% | ||
| Q3 25 | 1.2% | 1.1% | ||
| Q2 25 | 1.1% | 2.4% | ||
| Q1 25 | 0.9% | 6.6% | ||
| Q4 24 | 1.7% | 3.0% | ||
| Q3 24 | 1.9% | 6.1% | ||
| Q2 24 | 1.2% | 9.8% |
现金转化率CMERIG
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 13.96× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.03× | — | ||
| Q1 25 | 1.17× | — | ||
| Q4 24 | 1.16× | 29.43× | ||
| 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
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
