vs
CSX Corporation（CSX）与KeyCorp（KEY）财务数据对比。点击上方公司名可切换其他公司
CSX Corporation的季度营收约是KeyCorp的1.7倍（$3.5B vs $2.0B），KeyCorp净利率更高（25.4% vs 23.2%，领先2.3%），KeyCorp同比增速更快（131.8% vs 1.7%），KeyCorp自由现金流更多（$2.1B vs $793.0M），过去两年KeyCorp的营收复合增速更高（14.4% vs -3.0%）
CSX运输是美国一级货运铁路企业，业务覆盖美国东部区域及加拿大安大略省、魁北克省，运营铁路总里程约3.4万公里，隶属于总部位于佛罗里达州杰克逊维尔市的财富500强企业CSX Corporation，是其旗下核心子公司。
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
CSX vs KEY — 直观对比
营收规模更大
CSX
是对方的1.7倍
$2.0B
营收增速更快
KEY
高出130.1%
1.7%
净利率更高
KEY
高出2.3%
23.2%
自由现金流更多
KEY
多$1.3B
$793.0M
两年增速更快
KEY
近两年复合增速
-3.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $2.0B |
| 净利润 | $807.0M | $510.0M |
| 毛利率 | — | — |
| 营业利润率 | 29.9% | 32.3% |
| 净利率 | 23.2% | 25.4% |
| 营收同比 | 1.7% | 131.8% |
| 净利润同比 | 401.2% | 309.0% |
| 每股收益（稀释后） | — | $0.43 |
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CSXKEY
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.6B | $1.9B | ||
| Q2 25 | $3.6B | $1.8B | ||
| Q1 25 | $3.4B | $1.8B | ||
| Q4 24 | $3.5B | $865.0M | ||
| Q3 24 | $3.6B | $695.0M | ||
| Q2 24 | $3.7B | $1.5B |
净利润CSXKEY
| Q1 26 | $807.0M | — | ||
| Q4 25 | $720.0M | $510.0M | ||
| Q3 25 | $694.0M | $489.0M | ||
| Q2 25 | $829.0M | $425.0M | ||
| Q1 25 | $646.0M | $405.0M | ||
| Q4 24 | $720.0M | $-244.0M | ||
| Q3 24 | $894.0M | $-410.0M | ||
| Q2 24 | $963.0M | $274.0M |
营业利润率CSXKEY
| Q1 26 | 29.9% | — | ||
| Q4 25 | 31.6% | 32.3% | ||
| Q3 25 | 30.3% | 31.8% | ||
| Q2 25 | 35.9% | 29.3% | ||
| Q1 25 | 30.4% | 29.0% | ||
| Q4 24 | 30.8% | -92.6% | ||
| Q3 24 | 37.4% | -72.8% | ||
| Q2 24 | 39.1% | 22.0% |
净利率CSXKEY
| Q1 26 | 23.2% | — | ||
| Q4 25 | 20.5% | 25.4% | ||
| Q3 25 | 19.3% | 25.8% | ||
| Q2 25 | 23.2% | 23.1% | ||
| Q1 25 | 18.9% | 22.8% | ||
| Q4 24 | 20.3% | -54.7% | ||
| Q3 24 | 24.7% | -59.0% | ||
| Q2 24 | 26.0% | 18.0% |
每股收益（稀释后）CSXKEY
| Q1 26 | — | — | ||
| Q4 25 | $0.39 | $0.43 | ||
| Q3 25 | $0.37 | $0.41 | ||
| Q2 25 | $0.44 | $0.35 | ||
| Q1 25 | $0.34 | $0.33 | ||
| Q4 24 | $0.38 | $-0.30 | ||
| Q3 24 | $0.46 | $-0.47 | ||
| Q2 24 | $0.49 | $0.25 |
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 | $1.1B | $10.2B |
| 总债务越低越好 | $18.9B | $9.9B |
| 股东权益账面价值 | $13.6B | $20.4B |
| 总资产 | $44.2B | $184.4B |
| 负债/权益比越低杠杆越低 | 1.39× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资CSXKEY
| Q1 26 | $1.1B | — | ||
| Q4 25 | $5.0M | $10.2B | ||
| Q3 25 | $6.0M | $13.3B | ||
| Q2 25 | $6.0M | $11.6B | ||
| Q1 25 | $8.0M | $15.3B | ||
| Q4 24 | $72.0M | $17.5B | ||
| Q3 24 | $12.0M | $22.8B | ||
| Q2 24 | $4.0M | $15.5B |
总债务CSXKEY
| Q1 26 | $18.9B | — | ||
| Q4 25 | $18.2B | $9.9B | ||
| Q3 25 | $18.6B | $10.9B | ||
| Q2 25 | $18.6B | $12.1B | ||
| Q1 25 | $18.5B | $12.4B | ||
| Q4 24 | $17.9B | $12.1B | ||
| Q3 24 | $18.5B | $15.7B | ||
| Q2 24 | $18.0B | $16.9B |
股东权益CSXKEY
| Q1 26 | $13.6B | — | ||
| Q4 25 | $13.2B | $20.4B | ||
| Q3 25 | $12.8B | $20.1B | ||
| Q2 25 | $12.4B | $19.5B | ||
| Q1 25 | $12.2B | $19.0B | ||
| Q4 24 | $12.5B | $18.2B | ||
| Q3 24 | $12.9B | $16.9B | ||
| Q2 24 | $12.6B | $14.8B |
总资产CSXKEY
| Q1 26 | $44.2B | — | ||
| Q4 25 | $43.7B | $184.4B | ||
| Q3 25 | $43.3B | $187.4B | ||
| Q2 25 | $42.9B | $185.5B | ||
| Q1 25 | $43.2B | $188.7B | ||
| Q4 24 | $42.8B | $187.2B | ||
| Q3 24 | $43.1B | $189.8B | ||
| Q2 24 | $42.4B | $187.4B |
负债/权益比CSXKEY
| Q1 26 | 1.39× | — | ||
| Q4 25 | 1.38× | 0.49× | ||
| Q3 25 | 1.45× | 0.54× | ||
| Q2 25 | 1.50× | 0.62× | ||
| Q1 25 | 1.52× | 0.65× | ||
| Q4 24 | 1.43× | 0.67× | ||
| Q3 24 | 1.43× | 0.93× | ||
| Q2 24 | 1.42× | 1.14× |
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 | $1.3B | $2.2B |
| 自由现金流经营现金流 - 资本支出 | $793.0M | $2.1B |
| 自由现金流率自由现金流/营收 | 22.8% | 104.8% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | 1.58× | 4.33× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $3.5B |
8季度趋势，按日历期对齐
经营现金流CSXKEY
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.3B | $396.0M | ||
| Q2 25 | $635.0M | $1.2B | ||
| Q1 25 | $1.3B | $-140.0M | ||
| Q4 24 | $1.4B | $664.0M | ||
| Q3 24 | $1.7B | $-1.2B | ||
| Q2 24 | $1.1B | $-217.0M |
自由现金流CSXKEY
| Q1 26 | $793.0M | — | ||
| Q4 25 | $709.0M | $2.1B | ||
| Q3 25 | $607.0M | $367.0M | ||
| Q2 25 | $-141.0M | $1.2B | ||
| Q1 25 | $536.0M | $-150.0M | ||
| Q4 24 | $550.0M | $599.0M | ||
| Q3 24 | $1.1B | $-1.2B | ||
| Q2 24 | $547.0M | $-230.0M |
自由现金流率CSXKEY
| Q1 26 | 22.8% | — | ||
| Q4 25 | 20.2% | 104.8% | ||
| Q3 25 | 16.9% | 19.4% | ||
| Q2 25 | -3.9% | 65.8% | ||
| Q1 25 | 15.7% | -8.5% | ||
| Q4 24 | 15.5% | 69.2% | ||
| Q3 24 | 29.3% | -175.8% | ||
| Q2 24 | 14.8% | -15.1% |
资本支出强度CSXKEY
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 5.3% | ||
| Q3 25 | 20.4% | 1.5% | ||
| Q2 25 | 21.7% | 1.3% | ||
| Q1 25 | 21.0% | 0.6% | ||
| Q4 24 | 23.7% | 7.5% | ||
| Q3 24 | 17.3% | 2.4% | ||
| Q2 24 | 14.6% | 0.9% |
现金转化率CSXKEY
| Q1 26 | 1.58× | — | ||
| Q4 25 | 1.93× | 4.33× | ||
| Q3 25 | 1.93× | 0.81× | ||
| Q2 25 | 0.77× | 2.90× | ||
| Q1 25 | 1.94× | -0.35× | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 1.13× | -0.79× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
