vs
美国鹰（AEO）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是美国鹰的1.1倍（$1.5B vs $1.4B），美国鹰净利率更高（6.7% vs -3.1%，领先9.8%），美国鹰同比增速更快（5.7% vs -11.9%），美国鹰自由现金流更多（$-2.5M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 2.3%）
American Eagle Outfitters是美国知名服饰及配饰零售商，总部位于宾夕法尼亚州匹兹堡市南区工业园。品牌1977年由杰里·西尔弗曼与马克·西尔弗曼兄弟创立，最初为零售风险投资公司的子公司，旗下还运营西尔弗曼男装。1980年创始人向肖滕斯坦家族出售一半股权，1991年售罄剩余股份，目前旗下拥有Aerie、Unsubscribed等多个品牌。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
AEO vs RXO — 直观对比
营收规模更大
RXO
是对方的1.1倍
$1.4B
营收增速更快
AEO
高出17.6%
-11.9%
净利率更高
AEO
高出9.8%
-3.1%
自由现金流更多
AEO
多$6.5M
$-9.0M
两年增速更快
RXO
近两年复合增速
2.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.5B |
| 净利润 | $91.3M | $-46.0M |
| 毛利率 | 40.5% | — |
| 营业利润率 | 8.3% | -2.9% |
| 净利率 | 6.7% | -3.1% |
| 营收同比 | 5.7% | -11.9% |
| 净利润同比 | 14.2% | -84.0% |
| 每股收益（稀释后） | $0.53 | $-0.28 |
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AEORXO
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $1.1B | $930.0M | ||
| Q1 24 | $1.7B | $913.0M |
净利润AEORXO
| Q4 25 | $91.3M | $-46.0M | ||
| Q3 25 | $77.6M | $-14.0M | ||
| Q2 25 | $-64.9M | $-9.0M | ||
| Q1 25 | — | $-31.0M | ||
| Q4 24 | $80.0M | $-25.0M | ||
| Q3 24 | $77.3M | $-243.0M | ||
| Q2 24 | $67.8M | $-7.0M | ||
| Q1 24 | $6.3M | $-15.0M |
毛利率AEORXO
| Q4 25 | 40.5% | — | ||
| Q3 25 | 38.9% | — | ||
| Q2 25 | 29.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 38.6% | — | ||
| Q2 24 | 40.6% | — | ||
| Q1 24 | 36.6% | — |
营业利润率AEORXO
| Q4 25 | 8.3% | -2.9% | ||
| Q3 25 | 8.0% | -0.5% | ||
| Q2 25 | -7.8% | — | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | 8.2% | -1.4% | ||
| Q3 24 | 7.8% | -1.9% | ||
| Q2 24 | 6.8% | — | ||
| Q1 24 | 0.6% | -1.3% |
净利率AEORXO
| Q4 25 | 6.7% | -3.1% | ||
| Q3 25 | 6.0% | -1.0% | ||
| Q2 25 | -6.0% | -0.6% | ||
| Q1 25 | — | -2.2% | ||
| Q4 24 | 6.2% | -1.5% | ||
| Q3 24 | 6.0% | -23.4% | ||
| Q2 24 | 5.9% | -0.8% | ||
| Q1 24 | 0.4% | -1.6% |
每股收益（稀释后）AEORXO
| Q4 25 | $0.53 | $-0.28 | ||
| Q3 25 | $0.45 | $-0.08 | ||
| Q2 25 | $-0.36 | $-0.05 | ||
| Q1 25 | — | $-0.18 | ||
| Q4 24 | $0.41 | $-0.17 | ||
| Q3 24 | $0.39 | $-1.81 | ||
| Q2 24 | $0.34 | $-0.06 | ||
| Q1 24 | $0.03 | $-0.13 |
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 | $112.8M | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $1.6B | $1.5B |
| 总资产 | $4.2B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资AEORXO
| Q4 25 | $112.8M | $17.0M | ||
| Q3 25 | $126.8M | $25.0M | ||
| Q2 25 | $87.9M | $18.0M | ||
| Q1 25 | — | $16.0M | ||
| Q4 24 | $160.2M | $35.0M | ||
| Q3 24 | $191.8M | $55.0M | ||
| Q2 24 | $300.5M | $7.0M | ||
| Q1 24 | $454.1M | $7.0M |
总债务AEORXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | $0 | $351.0M | ||
| Q3 24 | $0 | $352.0M | ||
| Q2 24 | $0 | $370.0M | ||
| Q1 24 | $0 | $351.0M |
股东权益AEORXO
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.5B | $1.6B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.7B | $1.7B | ||
| Q2 24 | $1.8B | $579.0M | ||
| Q1 24 | $1.7B | $582.0M |
总资产AEORXO
| Q4 25 | $4.2B | $3.3B | ||
| Q3 25 | $4.1B | $3.2B | ||
| Q2 25 | $3.8B | $3.2B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | $3.7B | $3.4B | ||
| Q3 24 | $3.5B | $3.4B | ||
| Q2 24 | $3.6B | $1.8B | ||
| Q1 24 | $3.6B | $1.8B |
负债/权益比AEORXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 0.00× | 0.22× | ||
| Q3 24 | 0.00× | 0.21× | ||
| Q2 24 | 0.00× | 0.64× | ||
| Q1 24 | 0.00× | 0.60× |
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 | $67.1M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $-9.0M |
| 自由现金流率自由现金流/营收 | -0.2% | -0.6% |
| 资本支出强度资本支出/营收 | 5.1% | 1.1% |
| 现金转化率经营现金流/净利润 | 0.74× | — |
| 过去12个月自由现金流最近4个季度 | $-169.8M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流AEORXO
| Q4 25 | $67.1M | $7.0M | ||
| Q3 25 | $27.8M | $23.0M | ||
| Q2 25 | $-54.7M | $23.0M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | $52.9M | $-7.0M | ||
| Q3 24 | $78.3M | $-7.0M | ||
| Q2 24 | $-38.1M | $-5.0M | ||
| Q1 24 | $296.4M | $7.0M |
自由现金流AEORXO
| Q4 25 | $-2.5M | $-9.0M | ||
| Q3 25 | $-43.1M | $9.0M | ||
| Q2 25 | $-116.3M | $9.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | $-7.8M | $-19.0M | ||
| Q3 24 | $17.5M | $-18.0M | ||
| Q2 24 | $-74.3M | $-16.0M | ||
| Q1 24 | $256.8M | $-4.0M |
自由现金流率AEORXO
| Q4 25 | -0.2% | -0.6% | ||
| Q3 25 | -3.4% | 0.6% | ||
| Q2 25 | -10.7% | 0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | -0.6% | -1.1% | ||
| Q3 24 | 1.4% | -1.7% | ||
| Q2 24 | -6.5% | -1.7% | ||
| Q1 24 | 15.3% | -0.4% |
资本支出强度AEORXO
| Q4 25 | 5.1% | 1.1% | ||
| Q3 25 | 5.5% | 1.0% | ||
| Q2 25 | 5.7% | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | 4.7% | 0.7% | ||
| Q3 24 | 4.7% | 1.1% | ||
| Q2 24 | 3.2% | 1.2% | ||
| Q1 24 | 2.4% | 1.2% |
现金转化率AEORXO
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | -0.56× | — | ||
| Q1 24 | 46.93× | — |
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
AEO
| American Eagle Brand | $800.4M | 59% |
| Aerie Brand | $429.1M | 31% |
| Other | $133.2M | 10% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
