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美国航空集团（AAL）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
美国航空集团的季度营收约是RYDER SYSTEM INC的1.1倍（$14.0B vs $13.1B），RYDER SYSTEM INC净利率更高（0.7% vs 0.7%，领先0.0%），美国航空集团同比增速更快（2.5% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $-1.9B），过去两年RYDER SYSTEM INC的营收复合增速更高（102.9% vs 5.5%）
美国航空集团是美国头部航司，总部坐落于得克萨斯州沃斯堡的达拉斯-沃斯堡都会区，按客运量、日航班量计算为全球最大航司。集团旗下连同区域子公司及以American Eagle品牌运营的合作航司，每日运营近6800个航班，覆盖48个国家近350个目的地，拥有完善的国内外航线网络。
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。
AAL vs R — 直观对比
营收规模更大
AAL
是对方的1.1倍
$13.1B
营收增速更快
AAL
高出1.5%
1.0%
净利率更高
R
高出0.0%
0.7%
自由现金流更多
R
多$2.2B
$-1.9B
两年增速更快
R
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $14.0B | $13.1B |
| 净利润 | $99.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.2% | — |
| 净利率 | 0.7% | 0.7% |
| 营收同比 | 2.5% | 1.0% |
| 净利润同比 | -83.2% | -5.1% |
| 每股收益（稀释后） | $0.15 | $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AALR
| Q1 26 | — | $13.1B | ||
| Q4 25 | $14.0B | $3.2B | ||
| Q3 25 | $13.7B | $3.2B | ||
| Q2 25 | $14.4B | $3.2B | ||
| Q1 25 | $12.6B | $3.1B | ||
| Q4 24 | $13.7B | $3.2B | ||
| Q3 24 | $13.6B | $3.2B | ||
| Q2 24 | $14.3B | $3.2B |
净利润AALR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $99.0M | $132.0M | ||
| Q3 25 | $-114.0M | $138.0M | ||
| Q2 25 | $599.0M | $131.0M | ||
| Q1 25 | $-473.0M | $98.0M | ||
| Q4 24 | $590.0M | $135.0M | ||
| Q3 24 | $-149.0M | $142.0M | ||
| Q2 24 | $717.0M | $127.0M |
营业利润率AALR
| Q1 26 | — | — | ||
| Q4 25 | 3.2% | 5.6% | ||
| Q3 25 | 1.1% | 6.0% | ||
| Q2 25 | 7.9% | 5.8% | ||
| Q1 25 | -2.2% | 4.3% | ||
| Q4 24 | 8.3% | 5.7% | ||
| Q3 24 | 0.7% | 5.9% | ||
| Q2 24 | 9.7% | 5.6% |
净利率AALR
| Q1 26 | — | 0.7% | ||
| Q4 25 | 0.7% | 4.2% | ||
| Q3 25 | -0.8% | 4.4% | ||
| Q2 25 | 4.2% | 4.1% | ||
| Q1 25 | -3.8% | 3.1% | ||
| Q4 24 | 4.3% | 4.2% | ||
| Q3 24 | -1.1% | 4.5% | ||
| Q2 24 | 5.0% | 4.0% |
每股收益（稀释后）AALR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.15 | $3.22 | ||
| Q3 25 | $-0.17 | $3.32 | ||
| Q2 25 | $0.91 | $3.13 | ||
| Q1 25 | $-0.72 | $2.27 | ||
| Q4 24 | $0.94 | $3.09 | ||
| Q3 24 | $-0.23 | $3.24 | ||
| Q2 24 | $1.01 | $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 | — | $182.0M |
| 总债务越低越好 | $25.3B | — |
| 股东权益账面价值 | $-3.7B | $2.9B |
| 总资产 | $61.8B | — |
| 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AALR
| Q1 26 | — | $182.0M | ||
| Q4 25 | — | $198.0M | ||
| Q3 25 | — | $189.0M | ||
| Q2 25 | — | $180.0M | ||
| Q1 25 | — | $151.0M | ||
| Q4 24 | — | $154.0M | ||
| Q3 24 | — | $162.0M | ||
| Q2 24 | — | $164.0M |
总债务AALR
| Q1 26 | — | — | ||
| Q4 25 | $25.3B | $6.8B | ||
| Q3 25 | $25.1B | $7.3B | ||
| Q2 25 | $25.3B | $7.0B | ||
| Q1 25 | $24.7B | $6.7B | ||
| Q4 24 | $25.2B | $6.7B | ||
| Q3 24 | $26.3B | $6.6B | ||
| Q2 24 | $27.6B | $6.5B |
股东权益AALR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $-3.7B | $3.1B | ||
| Q3 25 | $-4.0B | $3.1B | ||
| Q2 25 | $-3.9B | $3.1B | ||
| Q1 25 | $-4.5B | $3.0B | ||
| Q4 24 | $-4.0B | $3.1B | ||
| Q3 24 | $-4.9B | $3.1B | ||
| Q2 24 | $-4.7B | $3.1B |
总资产AALR
| Q1 26 | — | — | ||
| Q4 25 | $61.8B | $16.4B | ||
| Q3 25 | $62.1B | $16.5B | ||
| Q2 25 | $63.7B | $16.5B | ||
| Q1 25 | $62.6B | $16.4B | ||
| Q4 24 | $61.8B | $16.7B | ||
| Q3 24 | $63.5B | $16.5B | ||
| Q2 24 | $64.1B | $16.4B |
负债/权益比AALR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 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 | $-274.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.9B | $273.0M |
| 自由现金流率自由现金流/营收 | -13.6% | 2.1% |
| 资本支出强度资本支出/营收 | 11.6% | 3.3% |
| 现金转化率经营现金流/净利润 | -2.77× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $-680.0M | $595.0M |
8季度趋势，按日历期对齐
经营现金流AALR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $-274.0M | $749.0M | ||
| Q3 25 | $-46.0M | $442.0M | ||
| Q2 25 | $963.0M | $752.0M | ||
| Q1 25 | $2.5B | $651.0M | ||
| Q4 24 | $398.0M | $558.0M | ||
| Q3 24 | $277.0M | $629.0M | ||
| Q2 24 | $1.1B | $552.0M |
自由现金流AALR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $-1.9B | $344.0M | ||
| Q3 25 | $-872.0M | $-85.0M | ||
| Q2 25 | $464.0M | $63.0M | ||
| Q1 25 | $1.6B | $137.0M | ||
| Q4 24 | $-342.0M | $-201.0M | ||
| Q3 24 | $-191.0M | $30.0M | ||
| Q2 24 | $477.0M | $-87.0M |
自由现金流率AALR
| Q1 26 | — | 2.1% | ||
| Q4 25 | -13.6% | 10.8% | ||
| Q3 25 | -6.4% | -2.7% | ||
| Q2 25 | 3.2% | 2.0% | ||
| Q1 25 | 13.0% | 4.4% | ||
| Q4 24 | -2.5% | -6.3% | ||
| Q3 24 | -1.4% | 0.9% | ||
| Q2 24 | 3.3% | -2.7% |
资本支出强度AALR
| Q1 26 | — | 3.3% | ||
| Q4 25 | 11.6% | 12.8% | ||
| Q3 25 | 6.0% | 16.6% | ||
| Q2 25 | 3.5% | 21.6% | ||
| Q1 25 | 6.6% | 16.4% | ||
| Q4 24 | 5.4% | 23.8% | ||
| Q3 24 | 3.4% | 18.9% | ||
| Q2 24 | 4.5% | 20.1% |
现金转化率AALR
| Q1 26 | — | 6.27× | ||
| Q4 25 | -2.77× | 5.67× | ||
| Q3 25 | — | 3.20× | ||
| Q2 25 | 1.61× | 5.74× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | 0.67× | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | 1.57× | 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
AAL
| Passenger Travel | $11.6B | 83% |
| Loyalty Program Travel Redemptions | $1.1B | 8% |
| Loyalty Program Marketing Services | $945.0M | 7% |
| Cargo And Freight | $227.0M | 2% |
| Other Revenue | $169.0M | 1% |
R
暂无分部数据
