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ServiceNow（NOW）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ServiceNow的1.0倍（$3.9B vs $3.8B），Raymond James Financial净利率更高（14.1% vs 12.4%，领先1.7%），Raymond James Financial同比增速更快（13.0% vs 2.8%），过去两年ServiceNow的营收复合增速更高（19.8% vs 1.3%）
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
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。
NOW vs RJF — 直观对比
营收规模更大
RJF
是对方的1.0倍
$3.8B
营收增速更快
RJF
高出10.2%
2.8%
净利率更高
RJF
高出1.7%
12.4%
两年增速更快
NOW
近两年复合增速
1.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.9B |
| 净利润 | $469.0M | $544.0M |
| 毛利率 | 75.1% | — |
| 营业利润率 | 13.3% | — |
| 净利率 | 12.4% | 14.1% |
| 营收同比 | 2.8% | 13.0% |
| 净利润同比 | -53.7% | 10.0% |
| 每股收益（稀释后） | $1.04 | $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NOWRJF
| Q1 26 | $3.8B | $3.9B | ||
| Q4 25 | $3.6B | $4.2B | ||
| Q3 25 | $3.4B | $4.2B | ||
| Q2 25 | $3.2B | $3.8B | ||
| Q1 25 | $3.1B | $3.8B | ||
| Q4 24 | $3.0B | $4.0B | ||
| Q3 24 | $2.8B | $4.0B | ||
| Q2 24 | $2.6B | $3.8B |
净利润NOWRJF
| Q1 26 | $469.0M | $544.0M | ||
| Q4 25 | $401.0M | $563.0M | ||
| Q3 25 | $502.0M | $604.0M | ||
| Q2 25 | $385.0M | $436.0M | ||
| Q1 25 | $460.0M | $495.0M | ||
| Q4 24 | $384.0M | $600.0M | ||
| Q3 24 | $432.0M | $602.0M | ||
| Q2 24 | $262.0M | $492.0M |
毛利率NOWRJF
| Q1 26 | 75.1% | — | ||
| Q4 25 | 76.6% | — | ||
| Q3 25 | 77.3% | — | ||
| Q2 25 | 77.5% | — | ||
| Q1 25 | 78.9% | — | ||
| Q4 24 | 78.7% | — | ||
| Q3 24 | 79.1% | — | ||
| Q2 24 | 79.0% | — |
营业利润率NOWRJF
| Q1 26 | 13.3% | — | ||
| Q4 25 | 12.4% | — | ||
| Q3 25 | 16.8% | — | ||
| Q2 25 | 11.1% | 14.7% | ||
| Q1 25 | 14.6% | 17.5% | ||
| Q4 24 | 12.6% | 18.6% | ||
| Q3 24 | 14.9% | — | ||
| Q2 24 | 9.1% | 17.1% |
净利率NOWRJF
| Q1 26 | 12.4% | 14.1% | ||
| Q4 25 | 11.2% | 13.5% | ||
| Q3 25 | 14.7% | 14.4% | ||
| Q2 25 | 12.0% | 11.3% | ||
| Q1 25 | 14.9% | 12.9% | ||
| Q4 24 | 13.0% | 14.9% | ||
| Q3 24 | 15.4% | 15.0% | ||
| Q2 24 | 10.0% | 13.1% |
每股收益（稀释后）NOWRJF
| Q1 26 | $1.04 | $2.83 | ||
| Q4 25 | $-4.77 | $2.79 | ||
| Q3 25 | $2.40 | $2.96 | ||
| Q2 25 | $1.84 | $2.12 | ||
| Q1 25 | $2.20 | $2.36 | ||
| Q4 24 | $1.84 | $2.86 | ||
| Q3 24 | $2.07 | $2.85 | ||
| Q2 24 | $1.26 | $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 | $2.7B | $5.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.7B | $52.0M |
| 总资产 | $24.4B | $91.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资NOWRJF
| Q1 26 | $2.7B | $5.4B | ||
| Q4 25 | $3.7B | $9.9B | ||
| Q3 25 | $2.7B | $11.4B | ||
| Q2 25 | $3.1B | $9.2B | ||
| Q1 25 | $3.4B | $9.7B | ||
| Q4 24 | $2.3B | $10.0B | ||
| Q3 24 | $1.9B | $11.0B | ||
| Q2 24 | $2.2B | $9.1B |
股东权益NOWRJF
| Q1 26 | $11.7B | $52.0M | ||
| Q4 25 | $13.0B | $12.6B | ||
| Q3 25 | $11.3B | $12.5B | ||
| Q2 25 | $10.9B | $12.3B | ||
| Q1 25 | $10.1B | $12.2B | ||
| Q4 24 | $9.6B | $11.9B | ||
| Q3 24 | $9.3B | $11.7B | ||
| Q2 24 | $8.7B | $11.2B |
总资产NOWRJF
| Q1 26 | $24.4B | $91.9B | ||
| Q4 25 | $26.0B | $88.8B | ||
| Q3 25 | $21.8B | $88.2B | ||
| Q2 25 | $22.1B | $84.8B | ||
| Q1 25 | $21.0B | $83.1B | ||
| Q4 24 | $20.4B | $82.3B | ||
| Q3 24 | $18.4B | $83.0B | ||
| Q2 24 | $18.2B | $80.6B |
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 | $1.7B | — |
| 自由现金流经营现金流 - 资本支出 | $1.7B | — |
| 自由现金流率自由现金流/营收 | 44.2% | — |
| 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 | 3.56× | — |
| 过去12个月自由现金流最近4个季度 | $4.8B | — |
8季度趋势，按日历期对齐
经营现金流NOWRJF
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.2B | $-10.0M | ||
| Q3 25 | $813.0M | $796.0M | ||
| Q2 25 | $716.0M | $691.0M | ||
| Q1 25 | $1.7B | $117.0M | ||
| Q4 24 | $1.6B | $830.0M | ||
| Q3 24 | $671.0M | $510.0M | ||
| Q2 24 | $620.0M | $711.0M |
自由现金流NOWRJF
| Q1 26 | $1.7B | — | ||
| Q4 25 | $2.0B | $-56.0M | ||
| Q3 25 | $578.0M | $752.0M | ||
| Q2 25 | $526.0M | $634.0M | ||
| Q1 25 | $1.5B | $71.0M | ||
| Q4 24 | $1.4B | $789.0M | ||
| Q3 24 | $469.0M | $460.0M | ||
| Q2 24 | $358.0M | $655.0M |
自由现金流率NOWRJF
| Q1 26 | 44.2% | — | ||
| Q4 25 | 56.1% | -1.3% | ||
| Q3 25 | 17.0% | 17.9% | ||
| Q2 25 | 16.4% | 16.5% | ||
| Q1 25 | 47.7% | 1.8% | ||
| Q4 24 | 46.7% | 19.6% | ||
| Q3 24 | 16.8% | 11.5% | ||
| Q2 24 | 13.6% | 17.4% |
资本支出强度NOWRJF
| Q1 26 | — | — | ||
| Q4 25 | 6.7% | 1.1% | ||
| Q3 25 | 6.9% | 1.1% | ||
| Q2 25 | 5.9% | 1.5% | ||
| Q1 25 | 6.6% | 1.2% | ||
| Q4 24 | 8.6% | 1.0% | ||
| Q3 24 | 7.2% | 1.2% | ||
| Q2 24 | 10.0% | 1.5% |
现金转化率NOWRJF
| Q1 26 | 3.56× | — | ||
| Q4 25 | 5.58× | -0.02× | ||
| Q3 25 | 1.62× | 1.32× | ||
| Q2 25 | 1.86× | 1.58× | ||
| Q1 25 | 3.65× | 0.24× | ||
| Q4 24 | 4.26× | 1.38× | ||
| Q3 24 | 1.55× | 0.85× | ||
| Q2 24 | 2.37× | 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
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $99.0M | 3% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
