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加拿大国家铁路（CP）与Atlassian Corp（TEAM）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Atlassian Corp的1.8倍（$2.8B vs $1.6B），加拿大国家铁路净利率更高（27.7% vs -2.7%，领先30.3%），Atlassian Corp同比增速更快（23.3% vs 1.3%），加拿大国家铁路自由现金流更多（$537.3M vs $168.5M）
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。
Dragoneer投资集团是总部位于美国加利福尼亚州旧金山的专业投资机构，专注于全球科技领域的投资布局，业务覆盖公开股票市场与私募股权市场，在全球科技投资赛道拥有丰富的运作经验和行业资源。
CP vs TEAM — 直观对比
营收规模更大
CP
是对方的1.8倍
$1.6B
营收增速更快
TEAM
高出22.0%
1.3%
净利率更高
CP
高出30.3%
-2.7%
自由现金流更多
CP
多$368.8M
$168.5M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.6B |
| 净利润 | $786.2M | $-42.6M |
| 毛利率 | — | 85.0% |
| 营业利润率 | 41.4% | -3.0% |
| 净利率 | 27.7% | -2.7% |
| 营收同比 | 1.3% | 23.3% |
| 净利润同比 | -10.3% | -11.6% |
| 每股收益（稀释后） | — | $-0.16 |
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CPTEAM
| Q4 25 | $2.8B | $1.6B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $2.8B | $1.3B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.5B | $1.2B |
净利润CPTEAM
| Q4 25 | $786.2M | $-42.6M | ||
| Q3 25 | $671.6M | $-51.9M | ||
| Q2 25 | $900.8M | $-23.9M | ||
| Q1 25 | $664.3M | $-70.8M | ||
| Q4 24 | $876.7M | $-38.2M | ||
| Q3 24 | $611.0M | $-123.8M | ||
| Q2 24 | $660.6M | — | ||
| Q1 24 | $565.8M | $12.8M |
毛利率CPTEAM
| Q4 25 | — | 85.0% | ||
| Q3 25 | — | 82.0% | ||
| Q2 25 | — | 83.1% | ||
| Q1 25 | — | 83.8% | ||
| Q4 24 | — | 82.7% | ||
| Q3 24 | — | 81.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 82.1% |
营业利润率CPTEAM
| Q4 25 | 41.4% | -3.0% | ||
| Q3 25 | 36.8% | -6.7% | ||
| Q2 25 | 36.6% | -2.1% | ||
| Q1 25 | 35.0% | -0.9% | ||
| Q4 24 | 40.6% | -4.5% | ||
| Q3 24 | 34.3% | -2.7% | ||
| Q2 24 | 35.4% | — | ||
| Q1 24 | 32.9% | 1.5% |
净利率CPTEAM
| Q4 25 | 27.7% | -2.7% | ||
| Q3 25 | 25.3% | -3.6% | ||
| Q2 25 | 33.6% | -1.7% | ||
| Q1 25 | 24.2% | -5.2% | ||
| Q4 24 | 31.2% | -3.0% | ||
| Q3 24 | 23.9% | -10.4% | ||
| Q2 24 | 25.3% | — | ||
| Q1 24 | 22.2% | 1.1% |
每股收益（稀释后）CPTEAM
| Q4 25 | — | $-0.16 | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.27 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $-0.48 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $0.05 |
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 | $1.6B |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $33.5B | $1.6B |
| 总资产 | $62.7B | $6.2B |
| 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CPTEAM
| Q4 25 | $134.3M | $1.6B | ||
| Q3 25 | $300.0M | $2.8B | ||
| Q2 25 | $583.3M | $2.9B | ||
| Q1 25 | $507.4M | $3.0B | ||
| Q4 24 | $539.5M | $2.5B | ||
| Q3 24 | $338.0M | $2.2B | ||
| Q2 24 | $406.6M | — | ||
| Q1 24 | $378.9M | $2.1B |
总债务CPTEAM
| 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CPTEAM
| Q4 25 | $33.5B | $1.6B | ||
| Q3 25 | $33.4B | $1.4B | ||
| Q2 25 | $33.7B | $1.3B | ||
| Q1 25 | $35.2B | $1.4B | ||
| Q4 24 | $35.0B | $1.2B | ||
| Q3 24 | $32.2B | $1.0B | ||
| Q2 24 | $32.0B | — | ||
| Q1 24 | $31.3B | $1.1B |
总资产CPTEAM
| Q4 25 | $62.7B | $6.2B | ||
| Q3 25 | $63.3B | $5.7B | ||
| Q2 25 | $62.2B | $6.0B | ||
| Q1 25 | $64.3B | $5.9B | ||
| Q4 24 | $64.1B | $5.4B | ||
| Q3 24 | $60.0B | $5.0B | ||
| Q2 24 | $60.4B | — | ||
| Q1 24 | $59.6B | $5.1B |
负债/权益比CPTEAM
| 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 | $177.8M |
| 自由现金流经营现金流 - 资本支出 | $537.3M | $168.5M |
| 自由现金流率自由现金流/营收 | 18.9% | 10.6% |
| 资本支出强度资本支出/营收 | 20.2% | 0.6% |
| 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 | $1.3B |
8季度趋势，按日历期对齐
经营现金流CPTEAM
| Q4 25 | $1.1B | $177.8M | ||
| Q3 25 | $930.0M | $128.7M | ||
| Q2 25 | $989.1M | $375.3M | ||
| Q1 25 | $843.9M | $652.7M | ||
| Q4 24 | $1.2B | $351.9M | ||
| Q3 24 | $928.6M | $80.5M | ||
| Q2 24 | $932.9M | — | ||
| Q1 24 | $741.0M | $565.4M |
自由现金流CPTEAM
| Q4 25 | $537.3M | $168.5M | ||
| Q3 25 | $302.2M | $114.6M | ||
| Q2 25 | $446.8M | $360.3M | ||
| Q1 25 | $324.9M | $638.3M | ||
| Q4 24 | $702.3M | $342.6M | ||
| Q3 24 | $382.5M | $74.3M | ||
| Q2 24 | $343.1M | — | ||
| Q1 24 | $356.2M | $554.9M |
自由现金流率CPTEAM
| Q4 25 | 18.9% | 10.6% | ||
| Q3 25 | 11.4% | 8.0% | ||
| Q2 25 | 16.7% | 26.0% | ||
| Q1 25 | 11.8% | 47.0% | ||
| Q4 24 | 25.0% | 26.6% | ||
| Q3 24 | 15.0% | 6.3% | ||
| Q2 24 | 13.1% | — | ||
| Q1 24 | 14.0% | 46.7% |
资本支出强度CPTEAM
| Q4 25 | 20.2% | 0.6% | ||
| Q3 25 | 23.7% | 1.0% | ||
| Q2 25 | 20.2% | 1.1% | ||
| Q1 25 | 18.9% | 1.1% | ||
| Q4 24 | 19.3% | 0.7% | ||
| Q3 24 | 21.4% | 0.5% | ||
| Q2 24 | 22.6% | — | ||
| Q1 24 | 15.1% | 0.9% |
现金转化率CPTEAM
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.38× | — | ||
| Q2 25 | 1.10× | — | ||
| Q1 25 | 1.27× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.52× | — | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 1.31× | 44.34× |
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
TEAM
| Cloud Deployment Services | $1.1B | 67% |
| Data Center Deployment | $435.6M | 27% |
| Marketplace And Services Deployment | $83.7M | 5% |
