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芝商所（CME）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
希捷科技的季度营收约是芝商所的1.7倍（$3.1B vs $1.9B），希捷科技净利率更高（24.0% vs 0.1%，领先24.0%），希捷科技同比增速更快（44.1% vs 14.5%），过去两年希捷科技的营收复合增速更高（28.4% 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。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
CME vs STX — 直观对比
营收规模更大
STX
是对方的1.7倍
$1.9B
营收增速更快
STX
高出29.6%
14.5%
净利率更高
STX
高出24.0%
0.1%
两年增速更快
STX
近两年复合增速
10.8%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.1B |
| 净利润 | $1.2M | $748.0M |
| 毛利率 | — | 46.5% |
| 营业利润率 | 0.1% | 32.1% |
| 净利率 | 0.1% | 24.0% |
| 营收同比 | 14.5% | 44.1% |
| 净利润同比 | 20.7% | -23.8% |
| 每股收益（稀释后） | — | $3.27 |
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CMESTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | $1.9B | $2.8B | ||
| Q4 25 | $1.6B | $2.6B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.7B | $2.4B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.5B | $2.3B | ||
| Q3 24 | $1.6B | $2.2B |
净利润CMESTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | $1.2M | $593.0M | ||
| Q4 25 | $1.2B | $549.0M | ||
| Q3 25 | $908.0M | — | ||
| Q2 25 | $1.0B | $488.0M | ||
| Q1 25 | $956.2M | $340.0M | ||
| Q4 24 | $874.6M | $336.0M | ||
| Q3 24 | $912.8M | $305.0M |
毛利率CMESTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | — | 39.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 37.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.9% | ||
| Q3 24 | — | 32.9% |
营业利润率CMESTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | 0.1% | 29.8% | ||
| Q4 25 | 61.8% | 26.4% | ||
| Q3 25 | 63.3% | — | ||
| Q2 25 | 66.7% | 23.2% | ||
| Q1 25 | 67.5% | 20.0% | ||
| Q4 24 | 62.1% | 21.0% | ||
| Q3 24 | 64.6% | 18.6% |
净利率CMESTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | 0.1% | 21.0% | ||
| Q4 25 | 71.7% | 20.9% | ||
| Q3 25 | 59.1% | — | ||
| Q2 25 | 60.6% | 20.0% | ||
| Q1 25 | 58.2% | 15.7% | ||
| Q4 24 | 57.3% | 14.5% | ||
| Q3 24 | 57.6% | 14.1% |
每股收益（稀释后）CMESTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | $3.24 | $2.43 | ||
| Q3 25 | $2.49 | — | ||
| Q2 25 | $2.81 | $2.24 | ||
| Q1 25 | $2.62 | $1.57 | ||
| Q4 24 | $2.40 | $1.55 | ||
| Q3 24 | $2.50 | $1.41 |
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 | $1.1B |
| 总债务越低越好 | $3.4B | $3.9B |
| 股东权益账面价值 | — | — |
| 总资产 | $202.0B | $8.9B |
| 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CMESTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | $2.4B | $1.0B | ||
| Q4 25 | $4.5B | $1.1B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.1B | $891.0M | ||
| Q1 25 | $1.5B | $814.0M | ||
| Q4 24 | $3.0B | $1.2B | ||
| Q3 24 | $2.4B | $1.2B |
总债务CMESTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — |
股东权益CMESTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | $28.7B | $-63.0M | ||
| Q3 25 | $28.2B | — | ||
| Q2 25 | $27.7B | $-453.0M | ||
| Q1 25 | $27.0B | $-829.0M | ||
| Q4 24 | $26.5B | $-1.1B | ||
| Q3 24 | $28.2B | $-1.3B |
总资产CMESTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | $202.0B | $8.7B | ||
| Q4 25 | $198.4B | $8.4B | ||
| Q3 25 | $187.1B | — | ||
| Q2 25 | $179.9B | $8.0B | ||
| Q1 25 | $157.8B | $7.6B | ||
| Q4 24 | $137.4B | $8.0B | ||
| Q3 24 | $137.8B | $8.0B |
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 | — | $2.4B |
| 自由现金流经营现金流 - 资本支出 | — | $953.0M |
| 自由现金流率自由现金流/营收 | — | 30.6% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.17× |
| 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CMESTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $532.0M | ||
| Q3 25 | $968.1M | — | ||
| Q2 25 | $1.1B | $508.0M | ||
| Q1 25 | $1.1B | $259.0M | ||
| Q4 24 | $1.0B | $221.0M | ||
| Q3 24 | $1.0B | $95.0M |
自由现金流CMESTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $427.0M | ||
| Q3 25 | $949.7M | — | ||
| Q2 25 | $1.0B | $425.0M | ||
| Q1 25 | $1.1B | $216.0M | ||
| Q4 24 | $991.7M | $150.0M | ||
| Q3 24 | $973.2M | $27.0M |
自由现金流率CMESTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 16.2% | ||
| Q3 25 | 61.8% | — | ||
| Q2 25 | 61.5% | 17.4% | ||
| Q1 25 | 67.1% | 10.0% | ||
| Q4 24 | 65.0% | 6.5% | ||
| Q3 24 | 61.4% | 1.2% |
资本支出强度CMESTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 4.0% | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | 0.9% | 2.0% | ||
| Q4 24 | 1.7% | 3.1% | ||
| Q3 24 | 1.9% | 3.1% |
现金转化率CMESTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.96× | 0.97× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.03× | 1.04× | ||
| Q1 25 | 1.17× | 0.76× | ||
| Q4 24 | 1.16× | 0.66× | ||
| Q3 24 | 1.10× | 0.31× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
