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高知特（CTSH）与标普全球（VG）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标普全球的1.2倍（$5.3B vs $4.4B），标普全球净利率更高（26.8% vs 12.2%，领先14.6%），标普全球同比增速更快（191.7% vs -73.0%），高知特自由现金流更多（$781.0M vs $-1.5B），过去两年标普全球的营收复合增速更高（77.3% 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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
CTSH vs VG — 直观对比
营收规模更大
CTSH
是对方的1.2倍
$4.4B
营收增速更快
VG
高出264.6%
-73.0%
净利率更高
VG
高出14.6%
12.2%
自由现金流更多
CTSH
多$2.3B
$-1.5B
两年增速更快
VG
近两年复合增速
4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $4.4B |
| 净利润 | $648.0M | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 16.0% | 38.7% |
| 净利率 | 12.2% | 26.8% |
| 营收同比 | -73.0% | 191.7% |
| 净利润同比 | 18.7% | 20.3% |
| 每股收益（稀释后） | $1.34 | $0.41 |
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CTSHVG
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.3B | $4.4B | ||
| Q3 25 | $5.4B | $3.3B | ||
| Q2 25 | $5.2B | $3.1B | ||
| Q1 25 | $5.1B | $2.9B | ||
| Q4 24 | $5.1B | $1.5B | ||
| Q3 24 | $5.0B | $926.0M | ||
| Q2 24 | $4.8B | $1.1B |
净利润CTSHVG
| Q1 26 | $648.0M | — | ||
| Q4 25 | $648.0M | $1.2B | ||
| Q3 25 | $274.0M | $550.0M | ||
| Q2 25 | $645.0M | $475.0M | ||
| Q1 25 | $663.0M | $517.0M | ||
| Q4 24 | $546.0M | $990.0M | ||
| Q3 24 | $582.0M | $-294.0M | ||
| Q2 24 | $566.0M | $352.0M |
营业利润率CTSHVG
| Q1 26 | 16.0% | — | ||
| Q4 25 | 16.0% | 38.7% | ||
| Q3 25 | 16.0% | 39.7% | ||
| Q2 25 | 15.6% | 33.5% | ||
| Q1 25 | 16.7% | 37.3% | ||
| Q4 24 | 14.8% | 39.0% | ||
| Q3 24 | 14.6% | 20.4% | ||
| Q2 24 | 14.6% | 32.8% |
净利率CTSHVG
| Q1 26 | 12.2% | — | ||
| Q4 25 | 12.2% | 26.8% | ||
| Q3 25 | 5.1% | 16.5% | ||
| Q2 25 | 12.3% | 15.3% | ||
| Q1 25 | 13.0% | 17.9% | ||
| Q4 24 | 10.7% | 65.0% | ||
| Q3 24 | 11.5% | -31.7% | ||
| Q2 24 | 11.7% | 31.8% |
每股收益（稀释后）CTSHVG
| Q1 26 | $1.34 | — | ||
| Q4 25 | $1.35 | $0.41 | ||
| Q3 25 | $0.56 | $0.16 | ||
| Q2 25 | $1.31 | $0.14 | ||
| Q1 25 | $1.34 | $0.15 | ||
| Q4 24 | $1.10 | $0.35 | ||
| Q3 24 | $1.17 | $-0.15 | ||
| Q2 24 | $1.14 | $0.12 |
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 | $2.4B |
| 总债务越低越好 | $576.0M | $34.2B |
| 股东权益账面价值 | $15.0B | $6.7B |
| 总资产 | $20.7B | $53.4B |
| 负债/权益比越低杠杆越低 | 0.04× | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资CTSHVG
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.9B | $2.4B | ||
| Q3 25 | $2.4B | $1.9B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $2.0B | $3.6B | ||
| Q4 24 | $2.2B | $3.6B | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.2B | — |
总债务CTSHVG
| Q1 26 | $576.0M | — | ||
| Q4 25 | — | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | — | $29.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益CTSHVG
| Q1 26 | $15.0B | — | ||
| Q4 25 | $15.0B | $6.7B | ||
| Q3 25 | $14.9B | $5.7B | ||
| Q2 25 | $15.3B | $5.3B | ||
| Q1 25 | $14.9B | $4.9B | ||
| Q4 24 | $14.4B | $2.9B | ||
| Q3 24 | $14.5B | — | ||
| Q2 24 | $13.9B | — |
总资产CTSHVG
| Q1 26 | $20.7B | — | ||
| Q4 25 | $20.7B | $53.4B | ||
| Q3 25 | $20.1B | $50.1B | ||
| Q2 25 | $20.2B | $46.5B | ||
| Q1 25 | $20.0B | $45.1B | ||
| Q4 24 | $20.0B | $43.5B | ||
| Q3 24 | $20.2B | — | ||
| Q2 24 | $18.6B | — |
负债/权益比CTSHVG
| Q1 26 | 0.04× | — | ||
| Q4 25 | — | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | — | 10.11× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $781.0M | $-1.5B |
| 自由现金流率自由现金流/营收 | 14.6% | -34.1% |
| 资本支出强度资本支出/营收 | — | 81.6% |
| 现金转化率经营现金流/净利润 | 1.32× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $3.1B | $-6.8B |
8季度趋势，按日历期对齐
经营现金流CTSHVG
| Q1 26 | $858.0M | — | ||
| Q4 25 | $858.0M | $2.1B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $398.0M | $1.5B | ||
| Q1 25 | $400.0M | $1.1B | ||
| Q4 24 | $920.0M | — | ||
| Q3 24 | $847.0M | — | ||
| Q2 24 | $262.0M | — |
自由现金流CTSHVG
| Q1 26 | $781.0M | — | ||
| Q4 25 | $781.0M | $-1.5B | ||
| Q3 25 | $1.2B | $-1.4B | ||
| Q2 25 | $331.0M | $-1.5B | ||
| Q1 25 | $323.0M | $-2.4B | ||
| Q4 24 | $837.0M | — | ||
| Q3 24 | $791.0M | — | ||
| Q2 24 | $183.0M | — |
自由现金流率CTSHVG
| Q1 26 | 14.6% | — | ||
| Q4 25 | 14.6% | -34.1% | ||
| Q3 25 | 21.4% | -42.4% | ||
| Q2 25 | 6.3% | -49.1% | ||
| Q1 25 | 6.3% | -81.3% | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | 3.8% | — |
资本支出强度CTSHVG
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 81.6% | ||
| Q3 25 | 1.2% | 98.9% | ||
| Q2 25 | 1.3% | 96.1% | ||
| Q1 25 | 1.5% | 119.8% | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.6% | — |
现金转化率CTSHVG
| Q1 26 | 1.32× | — | ||
| Q4 25 | 1.32× | 1.77× | ||
| Q3 25 | 4.48× | 3.42× | ||
| Q2 25 | 0.62× | 3.07× | ||
| Q1 25 | 0.60× | 2.15× | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | 0.46× | — |
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% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
