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加拿大国家铁路（CP）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的季度营收约是加拿大国家铁路的1.4倍（$3.9B vs $2.8B），加拿大国家铁路净利率更高（27.7% vs 14.1%，领先13.6%），Raymond James Financial同比增速更快（13.0% vs 1.3%），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs 1.3%）
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。
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。
CP vs RJF — 直观对比
营收规模更大
RJF
是对方的1.4倍
$2.8B
营收增速更快
RJF
高出11.7%
1.3%
净利率更高
CP
高出13.6%
14.1%
两年增速更快
CP
近两年复合增速
1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.9B |
| 净利润 | $786.2M | $544.0M |
| 毛利率 | — | — |
| 营业利润率 | 41.4% | — |
| 净利率 | 27.7% | 14.1% |
| 营收同比 | 1.3% | 13.0% |
| 净利润同比 | -10.3% | 10.0% |
| 每股收益（稀释后） | — | $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CPRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $2.8B | $4.2B | ||
| Q3 25 | $2.7B | $4.2B | ||
| Q2 25 | $2.7B | $3.8B | ||
| Q1 25 | $2.8B | $3.8B | ||
| Q4 24 | $2.8B | $4.0B | ||
| Q3 24 | $2.6B | $4.0B | ||
| Q2 24 | $2.6B | $3.8B |
净利润CPRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $786.2M | $563.0M | ||
| Q3 25 | $671.6M | $604.0M | ||
| Q2 25 | $900.8M | $436.0M | ||
| Q1 25 | $664.3M | $495.0M | ||
| Q4 24 | $876.7M | $600.0M | ||
| Q3 24 | $611.0M | $602.0M | ||
| Q2 24 | $660.6M | $492.0M |
营业利润率CPRJF
| Q1 26 | — | — | ||
| Q4 25 | 41.4% | — | ||
| Q3 25 | 36.8% | — | ||
| Q2 25 | 36.6% | 14.7% | ||
| Q1 25 | 35.0% | 17.5% | ||
| Q4 24 | 40.6% | 18.6% | ||
| Q3 24 | 34.3% | — | ||
| Q2 24 | 35.4% | 17.1% |
净利率CPRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 27.7% | 13.5% | ||
| Q3 25 | 25.3% | 14.4% | ||
| Q2 25 | 33.6% | 11.3% | ||
| Q1 25 | 24.2% | 12.9% | ||
| Q4 24 | 31.2% | 14.9% | ||
| Q3 24 | 23.9% | 15.0% | ||
| Q2 24 | 25.3% | 13.1% |
每股收益（稀释后）CPRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | — | $2.79 | ||
| Q3 25 | — | $2.96 | ||
| Q2 25 | — | $2.12 | ||
| Q1 25 | — | $2.36 | ||
| Q4 24 | — | $2.86 | ||
| Q3 24 | — | $2.85 | ||
| Q2 24 | — | $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 | $134.3M | $5.4B |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $33.5B | $52.0M |
| 总资产 | $62.7B | $91.9B |
| 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CPRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $134.3M | $9.9B | ||
| Q3 25 | $300.0M | $11.4B | ||
| Q2 25 | $583.3M | $9.2B | ||
| Q1 25 | $507.4M | $9.7B | ||
| Q4 24 | $539.5M | $10.0B | ||
| Q3 24 | $338.0M | $11.0B | ||
| Q2 24 | $406.6M | $9.1B |
总债务CPRJF
| Q1 26 | — | — | ||
| 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 | — |
股东权益CPRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $33.5B | $12.6B | ||
| Q3 25 | $33.4B | $12.5B | ||
| Q2 25 | $33.7B | $12.3B | ||
| Q1 25 | $35.2B | $12.2B | ||
| Q4 24 | $35.0B | $11.9B | ||
| Q3 24 | $32.2B | $11.7B | ||
| Q2 24 | $32.0B | $11.2B |
总资产CPRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $62.7B | $88.8B | ||
| Q3 25 | $63.3B | $88.2B | ||
| Q2 25 | $62.2B | $84.8B | ||
| Q1 25 | $64.3B | $83.1B | ||
| Q4 24 | $64.1B | $82.3B | ||
| Q3 24 | $60.0B | $83.0B | ||
| Q2 24 | $60.4B | $80.6B |
负债/权益比CPRJF
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| 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× | — |
| 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CPRJF
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $-10.0M | ||
| Q3 25 | $930.0M | $796.0M | ||
| Q2 25 | $989.1M | $691.0M | ||
| Q1 25 | $843.9M | $117.0M | ||
| Q4 24 | $1.2B | $830.0M | ||
| Q3 24 | $928.6M | $510.0M | ||
| Q2 24 | $932.9M | $711.0M |
自由现金流CPRJF
| Q1 26 | — | — | ||
| Q4 25 | $537.3M | $-56.0M | ||
| Q3 25 | $302.2M | $752.0M | ||
| Q2 25 | $446.8M | $634.0M | ||
| Q1 25 | $324.9M | $71.0M | ||
| Q4 24 | $702.3M | $789.0M | ||
| Q3 24 | $382.5M | $460.0M | ||
| Q2 24 | $343.1M | $655.0M |
自由现金流率CPRJF
| Q1 26 | — | — | ||
| Q4 25 | 18.9% | -1.3% | ||
| Q3 25 | 11.4% | 17.9% | ||
| Q2 25 | 16.7% | 16.5% | ||
| Q1 25 | 11.8% | 1.8% | ||
| Q4 24 | 25.0% | 19.6% | ||
| Q3 24 | 15.0% | 11.5% | ||
| Q2 24 | 13.1% | 17.4% |
资本支出强度CPRJF
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | 1.1% | ||
| Q3 25 | 23.7% | 1.1% | ||
| Q2 25 | 20.2% | 1.5% | ||
| Q1 25 | 18.9% | 1.2% | ||
| Q4 24 | 19.3% | 1.0% | ||
| Q3 24 | 21.4% | 1.2% | ||
| Q2 24 | 22.6% | 1.5% |
现金转化率CPRJF
| Q1 26 | — | — | ||
| Q4 25 | 1.42× | -0.02× | ||
| Q3 25 | 1.38× | 1.32× | ||
| Q2 25 | 1.10× | 1.58× | ||
| Q1 25 | 1.27× | 0.24× | ||
| Q4 24 | 1.42× | 1.38× | ||
| Q3 24 | 1.52× | 0.85× | ||
| Q2 24 | 1.41× | 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
CP
暂无分部数据
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
