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加拿大国家铁路（CP）与格罗方德（GFS）财务数据对比。点击上方公司名可切换其他公司
加拿大国家铁路的季度营收约是格罗方德的1.7倍（$2.8B vs $1.7B），加拿大国家铁路净利率更高（27.7% vs 14.8%，领先12.9%），加拿大国家铁路同比增速更快（1.3% vs -2.9%），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs -4.3%）
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
CP vs GFS — 直观对比
营收规模更大
CP
是对方的1.7倍
$1.7B
营收增速更快
CP
高出4.2%
-2.9%
净利率更高
CP
高出12.9%
14.8%
两年增速更快
CP
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.7B |
| 净利润 | $786.2M | $249.0M |
| 毛利率 | — | 24.8% |
| 营业利润率 | 41.4% | 11.6% |
| 净利率 | 27.7% | 14.8% |
| 营收同比 | 1.3% | -2.9% |
| 净利润同比 | -10.3% | 39.9% |
| 每股收益（稀释后） | — | $0.44 |
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CPGFS
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | $1.7B | ||
| Q2 25 | $2.7B | $1.7B | ||
| Q1 25 | $2.8B | $1.6B | ||
| Q4 24 | $2.8B | — | ||
| Q3 24 | $2.6B | $1.7B | ||
| Q2 24 | $2.6B | $1.6B | ||
| Q1 24 | $2.5B | $1.5B |
净利润CPGFS
| Q4 25 | $786.2M | — | ||
| Q3 25 | $671.6M | $249.0M | ||
| Q2 25 | $900.8M | $228.0M | ||
| Q1 25 | $664.3M | $211.0M | ||
| Q4 24 | $876.7M | — | ||
| Q3 24 | $611.0M | $178.0M | ||
| Q2 24 | $660.6M | $155.0M | ||
| Q1 24 | $565.8M | $134.0M |
毛利率CPGFS
| Q4 25 | — | — | ||
| Q3 25 | — | 24.8% | ||
| Q2 25 | — | 24.2% | ||
| Q1 25 | — | 22.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.8% | ||
| Q2 24 | — | 24.2% | ||
| Q1 24 | — | 25.4% |
营业利润率CPGFS
| Q4 25 | 41.4% | — | ||
| Q3 25 | 36.8% | 11.6% | ||
| Q2 25 | 36.6% | 11.6% | ||
| Q1 25 | 35.0% | 9.5% | ||
| Q4 24 | 40.6% | — | ||
| Q3 24 | 34.3% | 10.6% | ||
| Q2 24 | 35.4% | 9.5% | ||
| Q1 24 | 32.9% | 9.5% |
净利率CPGFS
| Q4 25 | 27.7% | — | ||
| Q3 25 | 25.3% | 14.8% | ||
| Q2 25 | 33.6% | 13.5% | ||
| Q1 25 | 24.2% | 13.3% | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 23.9% | 10.2% | ||
| Q2 24 | 25.3% | 9.5% | ||
| Q1 24 | 22.2% | 8.7% |
每股收益（稀释后）CPGFS
| Q4 25 | — | — | ||
| Q3 25 | — | $0.44 | ||
| Q2 25 | — | $0.41 | ||
| Q1 25 | — | $0.38 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0.32 | ||
| Q2 24 | — | $0.28 | ||
| Q1 24 | — | $0.24 |
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 | $134.3M | $2.0B |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $33.5B | $11.8B |
| 总资产 | $62.7B | $16.7B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资CPGFS
| Q4 25 | $134.3M | — | ||
| Q3 25 | $300.0M | $2.0B | ||
| Q2 25 | $583.3M | $1.8B | ||
| Q1 25 | $507.4M | $1.6B | ||
| Q4 24 | $539.5M | — | ||
| Q3 24 | $338.0M | $2.3B | ||
| Q2 24 | $406.6M | $2.2B | ||
| Q1 24 | $378.9M | $2.2B |
总债务CPGFS
| Q4 25 | $14.6B | — | ||
| Q3 25 | $15.8B | — | ||
| Q2 25 | $15.5B | — | ||
| Q1 25 | $15.4B | — | ||
| Q4 24 | $14.5B | — | ||
| Q3 24 | $13.7B | — | ||
| Q2 24 | $13.8B | — | ||
| Q1 24 | $13.7B | — |
股东权益CPGFS
| Q4 25 | $33.5B | — | ||
| Q3 25 | $33.4B | $11.8B | ||
| Q2 25 | $33.7B | $11.5B | ||
| Q1 25 | $35.2B | $11.1B | ||
| Q4 24 | $35.0B | — | ||
| Q3 24 | $32.2B | $11.6B | ||
| Q2 24 | $32.0B | $11.3B | ||
| Q1 24 | $31.3B | $11.3B |
总资产CPGFS
| Q4 25 | $62.7B | — | ||
| Q3 25 | $63.3B | $16.7B | ||
| Q2 25 | $62.2B | $16.8B | ||
| Q1 25 | $64.3B | $16.5B | ||
| Q4 24 | $64.1B | — | ||
| Q3 24 | $60.0B | $18.1B | ||
| Q2 24 | $60.4B | — | ||
| Q1 24 | $59.6B | — |
负债/权益比CPGFS
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.43× | — | ||
| Q1 24 | 0.44× | — |
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 | $1.1B | $595.0M |
| 自由现金流经营现金流 - 资本支出 | $537.3M | — |
| 自由现金流率自由现金流/营收 | 18.9% | — |
| 资本支出强度资本支出/营收 | 20.2% | — |
| 现金转化率经营现金流/净利润 | 1.42× | 2.39× |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流CPGFS
| Q4 25 | $1.1B | — | ||
| Q3 25 | $930.0M | $595.0M | ||
| Q2 25 | $989.1M | $431.0M | ||
| Q1 25 | $843.9M | $331.0M | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $928.6M | $375.0M | ||
| Q2 24 | $932.9M | $402.0M | ||
| Q1 24 | $741.0M | $488.0M |
自由现金流CPGFS
| Q4 25 | $537.3M | — | ||
| Q3 25 | $302.2M | — | ||
| Q2 25 | $446.8M | — | ||
| Q1 25 | $324.9M | — | ||
| Q4 24 | $702.3M | — | ||
| Q3 24 | $382.5M | — | ||
| Q2 24 | $343.1M | — | ||
| Q1 24 | $356.2M | — |
自由现金流率CPGFS
| Q4 25 | 18.9% | — | ||
| Q3 25 | 11.4% | — | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 25.0% | — | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 13.1% | — | ||
| Q1 24 | 14.0% | — |
资本支出强度CPGFS
| Q4 25 | 20.2% | — | ||
| Q3 25 | 23.7% | — | ||
| Q2 25 | 20.2% | — | ||
| Q1 25 | 18.9% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 21.4% | — | ||
| Q2 24 | 22.6% | — | ||
| Q1 24 | 15.1% | — |
现金转化率CPGFS
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.38× | 2.39× | ||
| Q2 25 | 1.10× | 1.89× | ||
| Q1 25 | 1.27× | 1.57× | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.52× | 2.11× | ||
| Q2 24 | 1.41× | 2.59× | ||
| Q1 24 | 1.31× | 3.64× |
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
CP
暂无分部数据
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
