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高知特（CTSH）与Steel Dynamics（STLD）财务数据对比。点击上方公司名可切换其他公司
高知特的季度营收约是Steel Dynamics的1.0倍（$5.3B vs $5.2B），高知特净利率更高（12.2% vs 7.7%，领先4.5%），Steel Dynamics同比增速更快（17.9% vs -73.0%），过去两年Steel Dynamics的营收复合增速更高（6.0% vs 4.9%）
高知特是美国跨国信息技术咨询与外包服务商，1994年成立于印度金奈，最初是邓白氏旗下内部技术部门，1996年起对外开展服务，现总部位于美国新泽西州蒂内克，为纳斯达克100指数成分股，股票代码CTSH。
Steel Dynamics是总部位于美国印第安纳州韦恩堡的钢铁生产企业，钢铁产能达1300万吨，为美国第三大碳钢产品生产商，按利润率及每吨运营利润率计算属于美国盈利能力最强的钢企之一，凭借2021年营收位列2022年财富美国500强第196位。
CTSH vs STLD — 直观对比
营收规模更大
CTSH
是对方的1.0倍
$5.2B
营收增速更快
STLD
高出90.9%
-73.0%
净利率更高
CTSH
高出4.5%
7.7%
两年增速更快
STLD
近两年复合增速
4.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $5.2B |
| 净利润 | $648.0M | $400.1M |
| 毛利率 | — | 14.7% |
| 营业利润率 | 16.0% | 10.3% |
| 净利率 | 12.2% | 7.7% |
| 营收同比 | -73.0% | 17.9% |
| 净利润同比 | 18.7% | 51.3% |
| 每股收益（稀释后） | $1.34 | $2.78 |
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CTSHSTLD
| Q1 26 | $5.3B | $5.2B | ||
| Q4 25 | $5.3B | $4.4B | ||
| Q3 25 | $5.4B | $4.8B | ||
| Q2 25 | $5.2B | $4.6B | ||
| Q1 25 | $5.1B | $4.4B | ||
| Q4 24 | $5.1B | $3.9B | ||
| Q3 24 | $5.0B | $4.3B | ||
| Q2 24 | $4.8B | $4.6B |
净利润CTSHSTLD
| Q1 26 | $648.0M | $400.1M | ||
| Q4 25 | $648.0M | $266.0M | ||
| Q3 25 | $274.0M | $403.7M | ||
| Q2 25 | $645.0M | $298.7M | ||
| Q1 25 | $663.0M | $217.2M | ||
| Q4 24 | $546.0M | $207.3M | ||
| Q3 24 | $582.0M | $317.8M | ||
| Q2 24 | $566.0M | $428.0M |
毛利率CTSHSTLD
| Q1 26 | — | 14.7% | ||
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | — | 13.5% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | — | 13.9% | ||
| Q2 24 | — | 16.7% |
营业利润率CTSHSTLD
| Q1 26 | 16.0% | 10.3% | ||
| Q4 25 | 16.0% | 7.0% | ||
| Q3 25 | 16.0% | 10.5% | ||
| Q2 25 | 15.6% | 8.4% | ||
| Q1 25 | 16.7% | 6.3% | ||
| Q4 24 | 14.8% | 6.1% | ||
| Q3 24 | 14.6% | 9.1% | ||
| Q2 24 | 14.6% | 12.1% |
净利率CTSHSTLD
| Q1 26 | 12.2% | 7.7% | ||
| Q4 25 | 12.2% | 6.0% | ||
| Q3 25 | 5.1% | 8.4% | ||
| Q2 25 | 12.3% | 6.5% | ||
| Q1 25 | 13.0% | 5.0% | ||
| Q4 24 | 10.7% | 5.4% | ||
| Q3 24 | 11.5% | 7.3% | ||
| Q2 24 | 11.7% | 9.2% |
每股收益（稀释后）CTSHSTLD
| Q1 26 | $1.34 | $2.78 | ||
| Q4 25 | $1.35 | $1.80 | ||
| Q3 25 | $0.56 | $2.74 | ||
| Q2 25 | $1.31 | $2.01 | ||
| Q1 25 | $1.34 | $1.44 | ||
| Q4 24 | $1.10 | $1.40 | ||
| Q3 24 | $1.17 | $2.05 | ||
| Q2 24 | $1.14 | $2.72 |
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 | $1.9B | $556.5M |
| 总债务越低越好 | $576.0M | $4.2B |
| 股东权益账面价值 | $15.0B | $9.0B |
| 总资产 | $20.7B | $16.7B |
| 负债/权益比越低杠杆越低 | 0.04× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资CTSHSTLD
| Q1 26 | $1.9B | $556.5M | ||
| Q4 25 | $1.9B | $769.9M | ||
| Q3 25 | $2.4B | $770.4M | ||
| Q2 25 | $1.8B | $497.6M | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $2.2B | $737.3M | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.2B | $1.2B |
总债务CTSHSTLD
| Q1 26 | $576.0M | $4.2B | ||
| Q4 25 | — | $4.2B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | — | $3.1B |
股东权益CTSHSTLD
| Q1 26 | $15.0B | $9.0B | ||
| Q4 25 | $15.0B | $9.0B | ||
| Q3 25 | $14.9B | $9.0B | ||
| Q2 25 | $15.3B | $8.9B | ||
| Q1 25 | $14.9B | $8.8B | ||
| Q4 24 | $14.4B | $8.9B | ||
| Q3 24 | $14.5B | $9.1B | ||
| Q2 24 | $13.9B | $9.1B |
总资产CTSHSTLD
| Q1 26 | $20.7B | $16.7B | ||
| Q4 25 | $20.7B | $16.4B | ||
| Q3 25 | $20.1B | $16.0B | ||
| Q2 25 | $20.2B | $15.5B | ||
| Q1 25 | $20.0B | $15.9B | ||
| Q4 24 | $20.0B | $14.9B | ||
| Q3 24 | $20.2B | $15.7B | ||
| Q2 24 | $18.6B | $15.1B |
负债/权益比CTSHSTLD
| Q1 26 | 0.04× | 0.47× | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.43× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.34× |
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 | $858.0M | $148.3M |
| 自由现金流经营现金流 - 资本支出 | $781.0M | — |
| 自由现金流率自由现金流/营收 | 14.6% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.32× | 0.37× |
| 过去12个月自由现金流最近4个季度 | $3.1B | — |
8季度趋势，按日历期对齐
经营现金流CTSHSTLD
| Q1 26 | $858.0M | $148.3M | ||
| Q4 25 | $858.0M | $272.7M | ||
| Q3 25 | $1.2B | $722.6M | ||
| Q2 25 | $398.0M | $301.6M | ||
| Q1 25 | $400.0M | $152.6M | ||
| Q4 24 | $920.0M | $346.9M | ||
| Q3 24 | $847.0M | $759.9M | ||
| Q2 24 | $262.0M | $382.6M |
自由现金流CTSHSTLD
| Q1 26 | $781.0M | — | ||
| Q4 25 | $781.0M | $84.2M | ||
| Q3 25 | $1.2B | $556.9M | ||
| Q2 25 | $331.0M | $13.3M | ||
| Q1 25 | $323.0M | $-152.9M | ||
| Q4 24 | $837.0M | $-106.3M | ||
| Q3 24 | $791.0M | $138.5M | ||
| Q2 24 | $183.0M | $-36.6M |
自由现金流率CTSHSTLD
| Q1 26 | 14.6% | — | ||
| Q4 25 | 14.6% | 1.9% | ||
| Q3 25 | 21.4% | 11.5% | ||
| Q2 25 | 6.3% | 0.3% | ||
| Q1 25 | 6.3% | -3.5% | ||
| Q4 24 | 16.5% | -2.7% | ||
| Q3 24 | 15.7% | 3.2% | ||
| Q2 24 | 3.8% | -0.8% |
资本支出强度CTSHSTLD
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 4.3% | ||
| Q3 25 | 1.2% | 3.4% | ||
| Q2 25 | 1.3% | 6.3% | ||
| Q1 25 | 1.5% | 7.0% | ||
| Q4 24 | 1.6% | 11.7% | ||
| Q3 24 | 1.1% | 14.3% | ||
| Q2 24 | 1.6% | 9.0% |
现金转化率CTSHSTLD
| Q1 26 | 1.32× | 0.37× | ||
| Q4 25 | 1.32× | 1.03× | ||
| Q3 25 | 4.48× | 1.79× | ||
| Q2 25 | 0.62× | 1.01× | ||
| Q1 25 | 0.60× | 0.70× | ||
| Q4 24 | 1.68× | 1.67× | ||
| Q3 24 | 1.46× | 2.39× | ||
| Q2 24 | 0.46× | 0.89× |
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
CTSH
| Health Sciences | $1.6B | 30% |
| Financial Services | $1.6B | 30% |
| Products and Resources | $1.3B | 25% |
| Communications, Media and Technology | $808.0M | 15% |
STLD
| Steel | $3.5B | 68% |
| Metals Recycling | $593.2M | 11% |
| Other | $490.1M | 9% |
| Steel Fabrication | $355.4M | 7% |
| Aluminum | $227.4M | 4% |
