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CMS Energy（CMS）与Compass, Inc.（COMP）财务数据对比。点击上方公司名可切换其他公司
CMS Energy的季度营收约是Compass, Inc.的1.3倍（$2.1B vs $1.7B），CMS Energy净利率更高（13.5% vs -2.5%，领先16.0%），Compass, Inc.同比增速更快（23.1% vs 13.0%），过去两年Compass, Inc.的营收复合增速更高（27.0% vs -0.2%）
CMS Energy是总部位于美国密歇根州杰克逊市的能源企业，业务核心聚焦密歇根州公用事业运营。旗下核心主体Consumers Energy成立于1886年，为全州超600万居民提供电力及天然气服务，非公用事业板块则主要开展美国本土独立发电业务。
Compass, Inc.是美国主营住宅房产经纪业务的企业，其平台旗下有约3.3万名经纪人，大多为独立合同工，运营Compass、21世纪不动产、科威国际不动产、苏富比国际地产、佳士得国际地产等多个知名房产经纪品牌。
CMS vs COMP — 直观对比
营收规模更大
CMS
是对方的1.3倍
$1.7B
营收增速更快
COMP
高出10.2%
13.0%
净利率更高
CMS
高出16.0%
-2.5%
两年增速更快
COMP
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.7B |
| 净利润 | $289.0M | $-42.6M |
| 毛利率 | — | — |
| 营业利润率 | 20.4% | -2.5% |
| 净利率 | 13.5% | -2.5% |
| 营收同比 | 13.0% | 23.1% |
| 净利润同比 | 9.1% | -5.2% |
| 每股收益（稀释后） | $0.94 | $-0.07 |
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CMSCOMP
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.0B | $1.8B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | $2.4B | $1.4B | ||
| Q4 24 | $1.9B | $1.4B | ||
| Q3 24 | $1.7B | $1.5B | ||
| Q2 24 | $1.6B | $1.7B | ||
| Q1 24 | $2.1B | $1.1B |
净利润CMSCOMP
| Q4 25 | $289.0M | $-42.6M | ||
| Q3 25 | $277.0M | $-4.6M | ||
| Q2 25 | $201.0M | $39.4M | ||
| Q1 25 | $304.0M | $-50.7M | ||
| Q4 24 | $265.0M | $-40.5M | ||
| Q3 24 | $253.0M | $-1.7M | ||
| Q2 24 | $198.0M | $20.7M | ||
| Q1 24 | $287.0M | $-132.9M |
营业利润率CMSCOMP
| Q4 25 | 20.4% | -2.5% | ||
| Q3 25 | 24.4% | -0.4% | ||
| Q2 25 | 17.6% | 1.9% | ||
| Q1 25 | 20.6% | -4.0% | ||
| Q4 24 | 22.5% | -2.9% | ||
| Q3 24 | 21.4% | -0.2% | ||
| Q2 24 | 18.0% | 1.3% | ||
| Q1 24 | 19.2% | -12.5% |
净利率CMSCOMP
| Q4 25 | 13.5% | -2.5% | ||
| Q3 25 | 14.0% | -0.2% | ||
| Q2 25 | 11.2% | 1.9% | ||
| Q1 25 | 12.7% | -3.7% | ||
| Q4 24 | 14.0% | -2.9% | ||
| Q3 24 | 14.8% | -0.1% | ||
| Q2 24 | 12.6% | 1.2% | ||
| Q1 24 | 13.4% | -12.6% |
每股收益（稀释后）CMSCOMP
| Q4 25 | $0.94 | $-0.07 | ||
| Q3 25 | $0.92 | $-0.01 | ||
| Q2 25 | $0.66 | $0.07 | ||
| Q1 25 | $1.01 | $-0.09 | ||
| Q4 24 | $0.88 | $-0.08 | ||
| Q3 24 | $0.84 | $0.00 | ||
| Q2 24 | $0.65 | $0.04 | ||
| Q1 24 | $0.96 | $-0.27 |
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 | $509.0M | $199.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $9.1B | $782.0M |
| 总资产 | $39.9B | $1.5B |
| 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CMSCOMP
| Q4 25 | $509.0M | $199.0M | ||
| Q3 25 | $362.0M | $170.3M | ||
| Q2 25 | $844.0M | $177.3M | ||
| Q1 25 | $465.0M | $127.0M | ||
| Q4 24 | $103.0M | $223.8M | ||
| Q3 24 | $412.0M | $211.2M | ||
| Q2 24 | $699.0M | $185.8M | ||
| Q1 24 | $802.0M | $165.9M |
股东权益CMSCOMP
| Q4 25 | $9.1B | $782.0M | ||
| Q3 25 | $8.9B | $773.3M | ||
| Q2 25 | $8.4B | $719.9M | ||
| Q1 25 | $8.3B | $635.0M | ||
| Q4 24 | $8.2B | $409.4M | ||
| Q3 24 | $8.1B | $428.0M | ||
| Q2 24 | $8.0B | $398.4M | ||
| Q1 24 | $7.9B | $330.3M |
总资产CMSCOMP
| Q4 25 | $39.9B | $1.5B | ||
| Q3 25 | $38.0B | $1.6B | ||
| Q2 25 | $37.7B | $1.6B | ||
| Q1 25 | $36.3B | $1.5B | ||
| Q4 24 | $35.9B | $1.2B | ||
| Q3 24 | $34.8B | $1.2B | ||
| Q2 24 | $34.4B | $1.2B | ||
| Q1 24 | $33.9B | $1.1B |
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 | $478.0M | $45.3M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 2.5% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | 1.65× | — |
| 过去12个月自由现金流最近4个季度 | — | $203.3M |
8季度趋势，按日历期对齐
经营现金流CMSCOMP
| Q4 25 | $478.0M | $45.3M | ||
| Q3 25 | $343.0M | $75.5M | ||
| Q2 25 | $414.0M | $72.8M | ||
| Q1 25 | $1.0B | $23.1M | ||
| Q4 24 | $403.0M | $30.5M | ||
| Q3 24 | $304.0M | $37.4M | ||
| Q2 24 | $707.0M | $45.0M | ||
| Q1 24 | $956.0M | $8.6M |
自由现金流CMSCOMP
| Q4 25 | — | $42.2M | ||
| Q3 25 | $-635.0M | $73.6M | ||
| Q2 25 | $-470.0M | $68.0M | ||
| Q1 25 | $112.0M | $19.5M | ||
| Q4 24 | — | $26.7M | ||
| Q3 24 | $-502.0M | $32.8M | ||
| Q2 24 | $26.0M | $40.4M | ||
| Q1 24 | $343.0M | $5.9M |
自由现金流率CMSCOMP
| Q4 25 | — | 2.5% | ||
| Q3 25 | -32.2% | 4.0% | ||
| Q2 25 | -26.1% | 3.3% | ||
| Q1 25 | 4.7% | 1.4% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | -29.3% | 2.2% | ||
| Q2 24 | 1.6% | 2.4% | ||
| Q1 24 | 16.0% | 0.6% |
资本支出强度CMSCOMP
| Q4 25 | — | 0.2% | ||
| Q3 25 | 49.5% | 0.1% | ||
| Q2 25 | 49.2% | 0.2% | ||
| Q1 25 | 37.0% | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 47.1% | 0.3% | ||
| Q2 24 | 43.2% | 0.3% | ||
| Q1 24 | 28.6% | 0.3% |
现金转化率CMSCOMP
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 2.06× | 1.85× | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 3.57× | 2.17× | ||
| Q1 24 | 3.33× | — |
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
CMS
| Electric Utility | $1.3B | 59% |
| Gas Utility | $803.0M | 38% |
| North Star Clean Energy | $77.0M | 4% |
COMP
暂无分部数据
