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美国铝业公司（AA）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
美国铝业公司的季度营收约是RYDER SYSTEM INC的1.1倍（$3.4B vs $3.1B），美国铝业公司净利率更高（6.2% vs 3.0%，领先3.2%），RYDER SYSTEM INC同比增速更快（1.0% vs -1.1%），美国铝业公司自由现金流更多（$294.0M vs $273.0M），过去两年美国铝业公司的营收复合增速更高（15.2% vs -0.9%）
美国铝业公司是美国大型工业企业，为全球规模领先的铝生产商之一，业务布局覆盖10个国家，涵盖铝土矿开采、氧化铝精炼、原铝冶炼、铝制品加工及铝回收利用全产业链，产品广泛应用于全球各工业领域。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
AA vs R — 直观对比
营收规模更大
AA
是对方的1.1倍
$3.1B
营收增速更快
R
高出2.1%
-1.1%
净利率更高
AA
高出3.2%
3.0%
自由现金流更多
AA
多$21.0M
$273.0M
两年增速更快
AA
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.1B |
| 净利润 | $213.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 2.0% | — |
| 净利率 | 6.2% | 3.0% |
| 营收同比 | -1.1% | 1.0% |
| 净利润同比 | 5.4% | -5.1% |
| 每股收益（稀释后） | $0.80 | $2.34 |
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AAR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $3.4B | $3.2B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $3.0B | $3.2B | ||
| Q1 25 | $3.4B | $3.1B | ||
| Q4 24 | $3.5B | $3.2B | ||
| Q3 24 | $2.9B | $3.2B | ||
| Q2 24 | $2.9B | $3.2B |
净利润AAR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $213.0M | $132.0M | ||
| Q3 25 | $232.0M | $138.0M | ||
| Q2 25 | $164.0M | $131.0M | ||
| Q1 25 | $548.0M | $98.0M | ||
| Q4 24 | $202.0M | $135.0M | ||
| Q3 24 | $90.0M | $142.0M | ||
| Q2 24 | $20.0M | $127.0M |
营业利润率AAR
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 5.6% | ||
| Q3 25 | 5.6% | 6.0% | ||
| Q2 25 | 5.3% | 5.8% | ||
| Q1 25 | 19.8% | 4.3% | ||
| Q4 24 | 9.7% | 5.7% | ||
| Q3 24 | 6.3% | 5.9% | ||
| Q2 24 | 3.2% | 5.6% |
净利率AAR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 6.2% | 4.2% | ||
| Q3 25 | 7.7% | 4.4% | ||
| Q2 25 | 5.4% | 4.1% | ||
| Q1 25 | 16.3% | 3.1% | ||
| Q4 24 | 5.8% | 4.2% | ||
| Q3 24 | 3.1% | 4.5% | ||
| Q2 24 | 0.7% | 4.0% |
每股收益（稀释后）AAR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.80 | $3.22 | ||
| Q3 25 | $0.88 | $3.32 | ||
| Q2 25 | $0.62 | $3.13 | ||
| Q1 25 | $2.07 | $2.27 | ||
| Q4 24 | $1.18 | $3.09 | ||
| Q3 24 | $0.38 | $3.24 | ||
| Q2 24 | $0.11 | $2.84 |
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 | $1.6B | $182.0M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $6.1B | $2.9B |
| 总资产 | $16.1B | — |
| 负债/权益比越低杠杆越低 | 0.40× | — |
8季度趋势，按日历期对齐
现金及短期投资AAR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $1.6B | $198.0M | ||
| Q3 25 | $1.5B | $189.0M | ||
| Q2 25 | $1.5B | $180.0M | ||
| Q1 25 | $1.2B | $151.0M | ||
| Q4 24 | $1.1B | $154.0M | ||
| Q3 24 | $1.3B | $162.0M | ||
| Q2 24 | $1.4B | $164.0M |
总债务AAR
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $6.8B | ||
| Q3 25 | $2.6B | $7.3B | ||
| Q2 25 | $2.6B | $7.0B | ||
| Q1 25 | $2.6B | $6.7B | ||
| Q4 24 | $2.5B | $6.7B | ||
| Q3 24 | $2.5B | $6.6B | ||
| Q2 24 | $2.5B | $6.5B |
股东权益AAR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $6.1B | $3.1B | ||
| Q3 25 | $6.3B | $3.1B | ||
| Q2 25 | $6.1B | $3.1B | ||
| Q1 25 | $5.8B | $3.0B | ||
| Q4 24 | $5.2B | $3.1B | ||
| Q3 24 | $5.3B | $3.1B | ||
| Q2 24 | $3.9B | $3.1B |
总资产AAR
| Q1 26 | — | — | ||
| Q4 25 | $16.1B | $16.4B | ||
| Q3 25 | $16.0B | $16.5B | ||
| Q2 25 | $15.0B | $16.5B | ||
| Q1 25 | $14.6B | $16.4B | ||
| Q4 24 | $14.1B | $16.7B | ||
| Q3 24 | $14.5B | $16.5B | ||
| Q2 24 | $14.3B | $16.4B |
负债/权益比AAR
| Q1 26 | — | — | ||
| Q4 25 | 0.40× | 2.24× | ||
| Q3 25 | 0.41× | 2.35× | ||
| Q2 25 | 0.42× | 2.27× | ||
| Q1 25 | 0.44× | 2.21× | ||
| Q4 24 | 0.48× | 2.14× | ||
| Q3 24 | 0.47× | 2.17× | ||
| Q2 24 | 0.63× | 2.09× |
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 | $537.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $294.0M | $273.0M |
| 自由现金流率自由现金流/营收 | 8.5% | 8.7% |
| 资本支出强度资本支出/营收 | 7.0% | 13.7% |
| 现金转化率经营现金流/净利润 | 2.52× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $567.0M | $595.0M |
8季度趋势，按日历期对齐
经营现金流AAR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $537.0M | $749.0M | ||
| Q3 25 | $85.0M | $442.0M | ||
| Q2 25 | $488.0M | $752.0M | ||
| Q1 25 | $75.0M | $651.0M | ||
| Q4 24 | $415.0M | $558.0M | ||
| Q3 24 | $143.0M | $629.0M | ||
| Q2 24 | $287.0M | $552.0M |
自由现金流AAR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $294.0M | $344.0M | ||
| Q3 25 | $-66.0M | $-85.0M | ||
| Q2 25 | $357.0M | $63.0M | ||
| Q1 25 | $-18.0M | $137.0M | ||
| Q4 24 | $246.0M | $-201.0M | ||
| Q3 24 | $-3.0M | $30.0M | ||
| Q2 24 | $123.0M | $-87.0M |
自由现金流率AAR
| Q1 26 | — | 8.7% | ||
| Q4 25 | 8.5% | 10.8% | ||
| Q3 25 | -2.2% | -2.7% | ||
| Q2 25 | 11.8% | 2.0% | ||
| Q1 25 | -0.5% | 4.4% | ||
| Q4 24 | 7.1% | -6.3% | ||
| Q3 24 | -0.1% | 0.9% | ||
| Q2 24 | 4.2% | -2.7% |
资本支出强度AAR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 7.0% | 12.8% | ||
| Q3 25 | 5.0% | 16.6% | ||
| Q2 25 | 4.3% | 21.6% | ||
| Q1 25 | 2.8% | 16.4% | ||
| Q4 24 | 4.8% | 23.8% | ||
| Q3 24 | 5.0% | 18.9% | ||
| Q2 24 | 5.6% | 20.1% |
现金转化率AAR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 2.52× | 5.67× | ||
| Q3 25 | 0.37× | 3.20× | ||
| Q2 25 | 2.98× | 5.74× | ||
| Q1 25 | 0.14× | 6.64× | ||
| Q4 24 | 2.05× | 4.13× | ||
| Q3 24 | 1.59× | 4.43× | ||
| Q2 24 | 14.35× | 4.35× |
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
AA
| Aluminum | $2.5B | 72% |
| Third Party Sales | $979.0M | 28% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
