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Core & Main, Inc.（CNM）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是Core & Main, Inc.的1.9倍（$3.9B vs $2.1B），Raymond James Financial净利率更高（14.1% vs 6.6%，领先7.5%），Raymond James Financial同比增速更快（13.0% vs 0.0%），过去两年Core & Main, Inc.的营收复合增速更高（19.7% vs 1.3%）
Core & Main, Inc.总部位于美国密苏里州圣路易斯，是美国专业的水务及相关防护产品分销商，主营供水、污水处理、雨水排放、消防防护类产品，客户覆盖市政部门、私营水务企业及专业承包商，在全美49个州设有370个分支机构，服务6万客户，在售产品达22.5万种。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
CNM vs RJF — 直观对比
营收规模更大
RJF
是对方的1.9倍
$2.1B
营收增速更快
RJF
高出13.0%
0.0%
净利率更高
RJF
高出7.5%
6.6%
两年增速更快
CNM
近两年复合增速
1.3%
损益表 — Q3 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.9B |
| 净利润 | $137.0M | $544.0M |
| 毛利率 | 27.2% | — |
| 营业利润率 | 10.7% | — |
| 净利率 | 6.6% | 14.1% |
| 营收同比 | 0.0% | 13.0% |
| 净利润同比 | 0.0% | 10.0% |
| 每股收益（稀释后） | $0.72 | $2.83 |
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CNMRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $2.1B | $4.2B | ||
| Q3 25 | $2.1B | $4.2B | ||
| Q2 25 | $1.9B | $3.8B | ||
| Q1 25 | $1.7B | $3.8B | ||
| Q4 24 | $2.0B | $4.0B | ||
| Q3 24 | $2.0B | $4.0B | ||
| Q2 24 | $1.7B | $3.8B |
净利润CNMRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $137.0M | $563.0M | ||
| Q3 25 | $134.0M | $604.0M | ||
| Q2 25 | $100.0M | $436.0M | ||
| Q1 25 | $64.0M | $495.0M | ||
| Q4 24 | $133.0M | $600.0M | ||
| Q3 24 | $119.0M | $602.0M | ||
| Q2 24 | $95.0M | $492.0M |
毛利率CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | 27.2% | — | ||
| Q3 25 | 26.8% | — | ||
| Q2 25 | 26.7% | — | ||
| Q1 25 | 26.6% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 26.4% | — | ||
| Q2 24 | 26.9% | — |
营业利润率CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | 10.7% | — | ||
| Q3 25 | 10.2% | — | ||
| Q2 25 | 8.9% | 14.7% | ||
| Q1 25 | 7.3% | 17.5% | ||
| Q4 24 | 10.9% | 18.6% | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 9.6% | 17.1% |
净利率CNMRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 6.6% | 13.5% | ||
| Q3 25 | 6.4% | 14.4% | ||
| Q2 25 | 5.2% | 11.3% | ||
| Q1 25 | 3.8% | 12.9% | ||
| Q4 24 | 6.5% | 14.9% | ||
| Q3 24 | 6.1% | 15.0% | ||
| Q2 24 | 5.5% | 13.1% |
每股收益（稀释后）CNMRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | $0.72 | $2.79 | ||
| Q3 25 | $0.70 | $2.96 | ||
| Q2 25 | $0.52 | $2.12 | ||
| Q1 25 | $0.34 | $2.36 | ||
| Q4 24 | $0.69 | $2.86 | ||
| Q3 24 | $0.61 | $2.85 | ||
| Q2 24 | $0.49 | $2.31 |
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 | $89.0M | $5.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $52.0M |
| 总资产 | $6.3B | $91.9B |
| 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CNMRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $89.0M | $9.9B | ||
| Q3 25 | $25.0M | $11.4B | ||
| Q2 25 | $8.0M | $9.2B | ||
| Q1 25 | $8.0M | $9.7B | ||
| Q4 24 | $10.0M | $10.0B | ||
| Q3 24 | $13.0M | $11.0B | ||
| Q2 24 | $30.0M | $9.1B |
股东权益CNMRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $2.0B | $12.6B | ||
| Q3 25 | $1.9B | $12.5B | ||
| Q2 25 | $1.7B | $12.3B | ||
| Q1 25 | $1.7B | $12.2B | ||
| Q4 24 | $1.7B | $11.9B | ||
| Q3 24 | $1.6B | $11.7B | ||
| Q2 24 | $1.6B | $11.2B |
总资产CNMRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $6.3B | $88.8B | ||
| Q3 25 | $6.3B | $88.2B | ||
| Q2 25 | $6.3B | $84.8B | ||
| Q1 25 | $5.9B | $83.1B | ||
| Q4 24 | $6.2B | $82.3B | ||
| Q3 24 | $6.1B | $83.0B | ||
| Q2 24 | $6.0B | $80.6B |
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 | $271.0M | — |
| 自由现金流经营现金流 - 资本支出 | $263.0M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | $575.0M | — |
8季度趋势，按日历期对齐
经营现金流CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | $271.0M | $-10.0M | ||
| Q3 25 | $34.0M | $796.0M | ||
| Q2 25 | $77.0M | $691.0M | ||
| Q1 25 | $235.0M | $117.0M | ||
| Q4 24 | $260.0M | $830.0M | ||
| Q3 24 | $48.0M | $510.0M | ||
| Q2 24 | $78.0M | $711.0M |
自由现金流CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | $263.0M | $-56.0M | ||
| Q3 25 | $24.0M | $752.0M | ||
| Q2 25 | $64.0M | $634.0M | ||
| Q1 25 | $224.0M | $71.0M | ||
| Q4 24 | $252.0M | $789.0M | ||
| Q3 24 | $39.0M | $460.0M | ||
| Q2 24 | $71.0M | $655.0M |
自由现金流率CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | 12.8% | -1.3% | ||
| Q3 25 | 1.1% | 17.9% | ||
| Q2 25 | 3.3% | 16.5% | ||
| Q1 25 | 13.2% | 1.8% | ||
| Q4 24 | 12.4% | 19.6% | ||
| Q3 24 | 2.0% | 11.5% | ||
| Q2 24 | 4.1% | 17.4% |
资本支出强度CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 1.1% | ||
| Q3 25 | 0.5% | 1.1% | ||
| Q2 25 | 0.7% | 1.5% | ||
| Q1 25 | 0.6% | 1.2% | ||
| Q4 24 | 0.4% | 1.0% | ||
| Q3 24 | 0.5% | 1.2% | ||
| Q2 24 | 0.4% | 1.5% |
现金转化率CNMRJF
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | -0.02× | ||
| Q3 25 | 0.25× | 1.32× | ||
| Q2 25 | 0.77× | 1.58× | ||
| Q1 25 | 3.67× | 0.24× | ||
| Q4 24 | 1.95× | 1.38× | ||
| Q3 24 | 0.40× | 0.85× | ||
| Q2 24 | 0.82× | 1.45× |
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
CNM
| Pipes Valves And Fitting Products | $1.4B | 67% |
| Storm Drainage Products | $333.0M | 16% |
| Meter Products | $195.0M | 9% |
| Fire Protection Products | $152.0M | 7% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
