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AES Corporation（AES）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是RUSH ENTERPRISES INC \TX\的1.8倍（$3.1B vs $1.7B），AES Corporation净利率更高（10.3% vs 3.7%，领先6.7%），AES Corporation同比增速更快（4.7% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $-47.0M），过去两年AES Corporation的营收复合增速更高（0.3% vs -6.8%）
AES公司是美国知名公用事业及发电企业，总部位于弗吉尼亚州阿灵顿，位列《财富》全球500强。集团在全球15个国家运营电力生产及分销业务，持有并运营多座发电厂，向终端用户、公用事业机构、工业设施等客户售电，全球员工总数达10500人。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
AES vs RUSHA — 直观对比
营收规模更大
AES
是对方的1.8倍
$1.7B
营收增速更快
AES
高出13.7%
-9.0%
净利率更高
AES
高出6.7%
3.7%
自由现金流更多
RUSHA
多$458.6M
$-47.0M
两年增速更快
AES
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.7B |
| 净利润 | $320.0M | $61.7M |
| 毛利率 | 18.8% | 20.4% |
| 营业利润率 | -8.7% | 4.9% |
| 净利率 | 10.3% | 3.7% |
| 营收同比 | 4.7% | -9.0% |
| 净利润同比 | -42.9% | 1.8% |
| 每股收益（稀释后） | $0.45 | $0.77 |
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AESRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $3.4B | $1.8B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $2.9B | $1.9B |
净利润AESRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $320.0M | $64.3M | ||
| Q3 25 | $639.0M | $66.7M | ||
| Q2 25 | $-95.0M | $72.4M | ||
| Q1 25 | $46.0M | $60.3M | ||
| Q4 24 | $560.0M | $74.8M | ||
| Q3 24 | $502.0M | $79.1M | ||
| Q2 24 | $185.0M | $78.7M |
毛利率AESRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 18.8% | 20.8% | ||
| Q3 25 | 21.9% | 21.0% | ||
| Q2 25 | 15.9% | 20.7% | ||
| Q1 25 | 15.1% | 20.3% | ||
| Q4 24 | 14.2% | 19.3% | ||
| Q3 24 | 22.0% | 21.0% | ||
| Q2 24 | 18.8% | 20.2% |
营业利润率AESRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | -8.7% | 5.5% | ||
| Q3 25 | 9.8% | 5.6% | ||
| Q2 25 | 1.4% | 6.0% | ||
| Q1 25 | -0.8% | 5.2% | ||
| Q4 24 | 12.3% | 5.8% | ||
| Q3 24 | 10.0% | 6.7% | ||
| Q2 24 | -2.6% | 6.4% |
净利率AESRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 10.3% | 3.8% | ||
| Q3 25 | 19.1% | 3.7% | ||
| Q2 25 | -3.3% | 3.9% | ||
| Q1 25 | 1.6% | 3.4% | ||
| Q4 24 | 18.9% | 3.9% | ||
| Q3 24 | 15.3% | 4.4% | ||
| Q2 24 | 6.3% | 4.1% |
每股收益（稀释后）AESRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.45 | $0.81 | ||
| Q3 25 | $0.89 | $0.83 | ||
| Q2 25 | $-0.15 | $0.90 | ||
| Q1 25 | $0.07 | $0.73 | ||
| Q4 24 | $0.78 | $-95.13 | ||
| Q3 24 | $0.71 | $0.97 | ||
| Q2 24 | $0.27 | $97.00 |
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 | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $4.1B | $2.3B |
| 总资产 | $51.8B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资AESRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $212.6M | ||
| Q3 25 | $1.8B | $242.0M | ||
| Q2 25 | $1.4B | $211.1M | ||
| Q1 25 | $1.8B | $228.7M | ||
| Q4 24 | $1.6B | $228.1M | ||
| Q3 24 | $2.0B | $185.1M | ||
| Q2 24 | $1.8B | $167.3M |
总债务AESRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AESRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $4.1B | $2.2B | ||
| Q3 25 | $3.9B | $2.2B | ||
| Q2 25 | $3.4B | $2.2B | ||
| Q1 25 | $3.5B | $2.2B | ||
| Q4 24 | $3.6B | $2.1B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.1B | $2.0B |
总资产AESRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $51.8B | $4.4B | ||
| Q3 25 | $50.8B | $4.6B | ||
| Q2 25 | $48.5B | $4.7B | ||
| Q1 25 | $48.6B | $4.7B | ||
| Q4 24 | $47.4B | $4.6B | ||
| Q3 24 | $50.1B | $4.6B | ||
| Q2 24 | $47.7B | $4.5B |
负债/权益比AESRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.19× | ||
| 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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $411.6M |
| 自由现金流率自由现金流/营收 | -1.5% | 24.4% |
| 资本支出强度资本支出/营收 | 49.5% | 2.0% |
| 现金转化率经营现金流/净利润 | 4.65× | — |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $828.4M |
8季度趋势，按日历期对齐
经营现金流AESRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $112.9M | ||
| Q3 25 | $1.3B | $367.8M | ||
| Q2 25 | $976.0M | $227.6M | ||
| Q1 25 | $545.0M | $153.5M | ||
| Q4 24 | $1.1B | $392.3M | ||
| Q3 24 | $985.0M | $111.7M | ||
| Q2 24 | $392.0M | $270.6M |
自由现金流AESRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $-47.0M | $31.9M | ||
| Q3 25 | $-511.0M | $271.2M | ||
| Q2 25 | $-356.0M | $113.8M | ||
| Q1 25 | $-709.0M | $45.1M | ||
| Q4 24 | $-639.0M | $263.5M | ||
| Q3 24 | $-847.0M | $-20.0M | ||
| Q2 24 | $-1.3B | $177.2M |
自由现金流率AESRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | -1.5% | 1.9% | ||
| Q3 25 | -15.2% | 15.2% | ||
| Q2 25 | -12.5% | 6.2% | ||
| Q1 25 | -24.2% | 2.6% | ||
| Q4 24 | -21.6% | 13.7% | ||
| Q3 24 | -25.8% | -1.1% | ||
| Q2 24 | -43.9% | 9.1% |
资本支出强度AESRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 49.5% | 4.8% | ||
| Q3 25 | 54.0% | 5.4% | ||
| Q2 25 | 46.7% | 6.2% | ||
| Q1 25 | 42.9% | 6.2% | ||
| Q4 24 | 58.3% | 6.7% | ||
| Q3 24 | 55.7% | 7.3% | ||
| Q2 24 | 57.3% | 4.8% |
现金转化率AESRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 4.65× | 1.75× | ||
| Q3 25 | 2.03× | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | 11.85× | 2.55× | ||
| Q4 24 | 1.94× | 5.25× | ||
| Q3 24 | 1.96× | 1.41× | ||
| Q2 24 | 2.12× | 3.44× |
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
AES
| Electric Distribution | $1.0B | 33% |
| Regulated Revenue | $1.0B | 33% |
| Renewables | $786.0M | 25% |
| AES Andes | $225.0M | 7% |
| Corporate Other And Other | $38.0M | 1% |
| Other Expense | $10.0M | 0% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
