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芝商所（CME）与西联汇款（WU）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西联汇款的1.9倍（$1.9B vs $982.7M），西联汇款净利率更高（6.6% vs 0.1%，领先6.5%），芝商所同比增速更快（14.5% vs 0.0%），过去两年芝商所的营收复合增速更高（10.8% vs -1.9%）
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。
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，在全球范围内为个人及机构用户提供便捷的跨境汇款、支付等相关金融服务，凭借广泛的服务网点覆盖和成熟的业务体系，在跨境资金流转领域拥有较高的行业知名度。
CME vs WU — 直观对比
营收规模更大
CME
是对方的1.9倍
$982.7M
营收增速更快
CME
高出14.5%
0.0%
净利率更高
WU
高出6.5%
0.1%
两年增速更快
CME
近两年复合增速
-1.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $982.7M |
| 净利润 | $1.2M | $64.7M |
| 毛利率 | — | — |
| 营业利润率 | 0.1% | 12.5% |
| 净利率 | 0.1% | 6.6% |
| 营收同比 | 14.5% | 0.0% |
| 净利润同比 | 20.7% | -47.6% |
| 每股收益（稀释后） | — | $0.41 |
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CMEWU
| Q1 26 | $1.9B | $982.7M | ||
| Q4 25 | $1.6B | $972.0M | ||
| Q3 25 | $1.5B | $985.3M | ||
| Q2 25 | $1.7B | $983.6M | ||
| Q1 25 | $1.6B | $938.7M | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.6B | $993.4M | ||
| Q2 24 | $1.5B | $1.0B |
净利润CMEWU
| Q1 26 | $1.2M | $64.7M | ||
| Q4 25 | $1.2B | $114.4M | ||
| Q3 25 | $908.0M | $139.6M | ||
| Q2 25 | $1.0B | $122.1M | ||
| Q1 25 | $956.2M | $123.5M | ||
| Q4 24 | $874.6M | $385.7M | ||
| Q3 24 | $912.8M | $264.8M | ||
| Q2 24 | $883.2M | $141.0M |
毛利率CMEWU
| Q1 26 | — | — | ||
| Q4 25 | — | 33.6% | ||
| Q3 25 | — | 34.7% | ||
| Q2 25 | — | 34.6% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | — | 35.0% | ||
| Q3 24 | — | 34.2% | ||
| Q2 24 | — | 35.0% |
营业利润率CMEWU
| Q1 26 | 0.1% | 12.5% | ||
| Q4 25 | 61.8% | 19.1% | ||
| Q3 25 | 63.3% | 20.5% | ||
| Q2 25 | 66.7% | 19.6% | ||
| Q1 25 | 67.5% | 18.9% | ||
| Q4 24 | 62.1% | 17.5% | ||
| Q3 24 | 64.6% | 16.6% | ||
| Q2 24 | 65.3% | 18.7% |
净利率CMEWU
| Q1 26 | 0.1% | 6.6% | ||
| Q4 25 | 71.7% | 11.8% | ||
| Q3 25 | 59.1% | 14.2% | ||
| Q2 25 | 60.6% | 12.4% | ||
| Q1 25 | 58.2% | 13.2% | ||
| Q4 24 | 57.3% | 37.9% | ||
| Q3 24 | 57.6% | 26.7% | ||
| Q2 24 | 57.6% | 13.8% |
每股收益（稀释后）CMEWU
| Q1 26 | — | $0.41 | ||
| Q4 25 | $3.24 | $0.36 | ||
| Q3 25 | $2.49 | $0.43 | ||
| Q2 25 | $2.81 | $0.37 | ||
| Q1 25 | $2.62 | $0.36 | ||
| Q4 24 | $2.40 | $1.14 | ||
| Q3 24 | $2.50 | $0.78 | ||
| Q2 24 | $2.42 | $0.41 |
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 | $909.2M |
| 总债务越低越好 | $3.4B | — |
| 股东权益账面价值 | — | $910.5M |
| 总资产 | $202.0B | $8.1B |
| 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CMEWU
| Q1 26 | $2.4B | $909.2M | ||
| Q4 25 | $4.5B | $1.2B | ||
| Q3 25 | $2.6B | $947.8M | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.9B | $1.0B |
总债务CMEWU
| Q1 26 | $3.4B | — | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B |
股东权益CMEWU
| Q1 26 | — | $910.5M | ||
| Q4 25 | $28.7B | $957.8M | ||
| Q3 25 | $28.2B | $925.4M | ||
| Q2 25 | $27.7B | $883.6M | ||
| Q1 25 | $27.0B | $939.4M | ||
| Q4 24 | $26.5B | $968.9M | ||
| Q3 24 | $28.2B | $652.7M | ||
| Q2 24 | $27.6B | $440.8M |
总资产CMEWU
| Q1 26 | $202.0B | $8.1B | ||
| Q4 25 | $198.4B | $8.3B | ||
| Q3 25 | $187.1B | $7.8B | ||
| Q2 25 | $179.9B | $8.0B | ||
| Q1 25 | $157.8B | $8.3B | ||
| Q4 24 | $137.4B | $8.4B | ||
| Q3 24 | $137.8B | $7.7B | ||
| Q2 24 | $123.4B | $8.0B |
负债/权益比CMEWU
| Q1 26 | — | — | ||
| Q4 25 | — | 3.01× | ||
| Q3 25 | — | 2.70× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | — | 2.61× | ||
| Q4 24 | — | 3.04× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 4.88× |
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 | — | $109.0M |
| 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 | — | 4.8% |
| 现金转化率经营现金流/净利润 | — | 1.68× |
| 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CMEWU
| Q1 26 | — | $109.0M | ||
| Q4 25 | $1.1B | $135.4M | ||
| Q3 25 | $968.1M | $260.4M | ||
| Q2 25 | $1.1B | $-300.0K | ||
| Q1 25 | $1.1B | $148.2M | ||
| Q4 24 | $1.0B | $134.0M | ||
| Q3 24 | $1.0B | $212.1M | ||
| Q2 24 | $776.9M | $-33.8M |
自由现金流CMEWU
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $115.5M | ||
| Q3 25 | $949.7M | $252.7M | ||
| Q2 25 | $1.0B | $-7.8M | ||
| Q1 25 | $1.1B | $144.8M | ||
| Q4 24 | $991.7M | $119.7M | ||
| Q3 24 | $973.2M | $205.1M | ||
| Q2 24 | $758.7M | $-38.9M |
自由现金流率CMEWU
| Q1 26 | — | — | ||
| Q4 25 | 66.8% | 11.9% | ||
| Q3 25 | 61.8% | 25.6% | ||
| Q2 25 | 61.5% | -0.8% | ||
| Q1 25 | 67.1% | 15.4% | ||
| Q4 24 | 65.0% | 11.8% | ||
| Q3 24 | 61.4% | 20.6% | ||
| Q2 24 | 49.5% | -3.8% |
资本支出强度CMEWU
| Q1 26 | — | 4.8% | ||
| Q4 25 | 2.0% | 2.0% | ||
| Q3 25 | 1.2% | 0.8% | ||
| Q2 25 | 1.1% | 0.8% | ||
| Q1 25 | 0.9% | 0.4% | ||
| Q4 24 | 1.7% | 1.4% | ||
| Q3 24 | 1.9% | 0.7% | ||
| Q2 24 | 1.2% | 0.5% |
现金转化率CMEWU
| Q1 26 | — | 1.68× | ||
| Q4 25 | 0.96× | 1.18× | ||
| Q3 25 | 1.07× | 1.87× | ||
| Q2 25 | 1.03× | -0.00× | ||
| Q1 25 | 1.17× | 1.20× | ||
| Q4 24 | 1.16× | 0.35× | ||
| Q3 24 | 1.10× | 0.80× | ||
| Q2 24 | 0.88× | -0.24× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
