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芝商所（CME）与Tractor Supply（TSCO）财务数据对比。点击上方公司名可切换其他公司
Tractor Supply的季度营收约是芝商所的1.9倍（$3.6B vs $1.9B），Tractor Supply净利率更高（4.6% vs 0.1%，领先4.5%），Tractor Supply同比增速更快（100.0% vs 14.5%），过去两年芝商所的营收复合增速更高（10.8% vs -8.0%）
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。
Tractor Supply Company成立于1938年，是美国连锁零售企业，主营家居装修、农业、园艺养护、牲畜、马术及宠物护理相关设备与用品，客群覆盖农民、牧场主、宠物主及土地所有者。截至2024年共开设2250家门店，总部位于田纳西州布伦特伍德，为纳斯达克上市的财富500强企业。
CME vs TSCO — 直观对比
营收规模更大
TSCO
是对方的1.9倍
$1.9B
营收增速更快
TSCO
高出85.5%
14.5%
净利率更高
TSCO
高出4.5%
0.1%
两年增速更快
CME
近两年复合增速
-8.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.6B |
| 净利润 | $1.2M | $164.5M |
| 毛利率 | — | 36.2% |
| 营业利润率 | 0.1% | 6.5% |
| 净利率 | 0.1% | 4.6% |
| 营收同比 | 14.5% | 100.0% |
| 净利润同比 | 20.7% | 4.6% |
| 每股收益（稀释后） | — | $0.31 |
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CMETSCO
| Q1 26 | $1.9B | $3.6B | ||
| Q4 25 | $1.6B | $3.9B | ||
| Q3 25 | $1.5B | $3.7B | ||
| Q2 25 | $1.7B | $4.4B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.5B | $3.8B | ||
| Q3 24 | $1.6B | $3.5B | ||
| Q2 24 | $1.5B | $4.2B |
净利润CMETSCO
| Q1 26 | $1.2M | $164.5M | ||
| Q4 25 | $1.2B | $227.4M | ||
| Q3 25 | $908.0M | $259.3M | ||
| Q2 25 | $1.0B | $430.0M | ||
| Q1 25 | $956.2M | $179.4M | ||
| Q4 24 | $874.6M | $236.4M | ||
| Q3 24 | $912.8M | $241.5M | ||
| Q2 24 | $883.2M | $425.2M |
毛利率CMETSCO
| Q1 26 | — | 36.2% | ||
| Q4 25 | — | 35.1% | ||
| Q3 25 | — | 37.4% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | — | 35.2% | ||
| Q3 24 | — | 37.2% | ||
| Q2 24 | — | 36.6% |
营业利润率CMETSCO
| Q1 26 | 0.1% | 6.5% | ||
| Q4 25 | 61.8% | 7.6% | ||
| Q3 25 | 63.3% | 9.2% | ||
| Q2 25 | 66.7% | 13.0% | ||
| Q1 25 | 67.5% | 7.2% | ||
| Q4 24 | 62.1% | 8.4% | ||
| Q3 24 | 64.6% | 9.4% | ||
| Q2 24 | 65.3% | 13.2% |
净利率CMETSCO
| Q1 26 | 0.1% | 4.6% | ||
| Q4 25 | 71.7% | 5.8% | ||
| Q3 25 | 59.1% | 7.0% | ||
| Q2 25 | 60.6% | 9.7% | ||
| Q1 25 | 58.2% | 5.2% | ||
| Q4 24 | 57.3% | 6.3% | ||
| Q3 24 | 57.6% | 7.0% | ||
| Q2 24 | 57.6% | 10.0% |
每股收益（稀释后）CMETSCO
| Q1 26 | — | $0.31 | ||
| Q4 25 | $3.24 | $0.42 | ||
| Q3 25 | $2.49 | $0.49 | ||
| Q2 25 | $2.81 | $0.81 | ||
| Q1 25 | $2.62 | $0.34 | ||
| Q4 24 | $2.40 | $-5.96 | ||
| Q3 24 | $2.50 | $2.24 | ||
| Q2 24 | $2.42 | $3.93 |
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 | $224.3M |
| 总债务越低越好 | $3.4B | $2.1B |
| 股东权益账面价值 | — | $2.5B |
| 总资产 | $202.0B | $11.7B |
| 负债/权益比越低杠杆越低 | — | 0.85× |
8季度趋势，按日历期对齐
现金及短期投资CMETSCO
| Q1 26 | $2.4B | $224.3M | ||
| Q4 25 | $4.5B | $194.1M | ||
| Q3 25 | $2.6B | $184.6M | ||
| Q2 25 | $2.1B | $225.8M | ||
| Q1 25 | $1.5B | $231.7M | ||
| Q4 24 | $3.0B | $251.5M | ||
| Q3 24 | $2.4B | $186.3M | ||
| Q2 24 | $1.9B | $394.7M |
总债务CMETSCO
| Q1 26 | $3.4B | $2.1B | ||
| Q4 25 | — | $150.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $150.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CMETSCO
| Q1 26 | — | $2.5B | ||
| Q4 25 | $28.7B | $2.6B | ||
| Q3 25 | $28.2B | $2.6B | ||
| Q2 25 | $27.7B | $2.5B | ||
| Q1 25 | $27.0B | $2.2B | ||
| Q4 24 | $26.5B | $2.3B | ||
| Q3 24 | $28.2B | $2.3B | ||
| Q2 24 | $27.6B | $2.3B |
总资产CMETSCO
| Q1 26 | $202.0B | $11.7B | ||
| Q4 25 | $198.4B | $10.9B | ||
| Q3 25 | $187.1B | $10.9B | ||
| Q2 25 | $179.9B | $10.6B | ||
| Q1 25 | $157.8B | $10.4B | ||
| Q4 24 | $137.4B | $9.8B | ||
| Q3 24 | $137.8B | $9.8B | ||
| Q2 24 | $123.4B | $9.8B |
负债/权益比CMETSCO
| Q1 26 | — | 0.85× | ||
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.07× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $91.1M |
| 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 | — | 5.6% |
| 现金转化率经营现金流/净利润 | — | 0.55× |
| 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CMETSCO
| Q1 26 | — | $91.1M | ||
| Q4 25 | $1.1B | $324.8M | ||
| Q3 25 | $968.1M | $307.9M | ||
| Q2 25 | $1.1B | $785.8M | ||
| Q1 25 | $1.1B | $216.8M | ||
| Q4 24 | $1.0B | $517.2M | ||
| Q3 24 | $1.0B | $86.3M | ||
| Q2 24 | $776.9M | $559.9M |
自由现金流CMETSCO
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $59.3M | ||
| Q3 25 | $949.7M | $30.3M | ||
| Q2 25 | $1.0B | $575.4M | ||
| Q1 25 | $1.1B | $75.5M | ||
| Q4 24 | $991.7M | $271.2M | ||
| Q3 24 | $973.2M | $-101.9M | ||
| Q2 24 | $758.7M | $367.3M |
自由现金流率CMETSCO
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 1.5% | ||
| Q3 25 | 61.8% | 0.8% | ||
| Q2 25 | 61.5% | 13.0% | ||
| Q1 25 | 67.1% | 2.2% | ||
| Q4 24 | 65.0% | 7.2% | ||
| Q3 24 | 61.4% | -2.9% | ||
| Q2 24 | 49.5% | 8.6% |
资本支出强度CMETSCO
| Q1 26 | — | 5.6% | ||
| Q4 25 | 2.0% | 6.8% | ||
| Q3 25 | 1.2% | 7.5% | ||
| Q2 25 | 1.1% | 4.7% | ||
| Q1 25 | 0.9% | 4.1% | ||
| Q4 24 | 1.7% | 6.5% | ||
| Q3 24 | 1.9% | 5.4% | ||
| Q2 24 | 1.2% | 4.5% |
现金转化率CMETSCO
| Q1 26 | — | 0.55× | ||
| Q4 25 | 0.96× | 1.43× | ||
| Q3 25 | 1.07× | 1.19× | ||
| Q2 25 | 1.03× | 1.83× | ||
| Q1 25 | 1.17× | 1.21× | ||
| Q4 24 | 1.16× | 2.19× | ||
| Q3 24 | 1.10× | 0.36× | ||
| Q2 24 | 0.88× | 1.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
