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雅保（ALB）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
RUSH ENTERPRISES INC \TX\的季度营收约是雅保的1.2倍（$1.7B vs $1.4B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs -29.0%，领先32.7%），雅保同比增速更快（15.9% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $233.1M），过去两年雅保的营收复合增速更高（2.4% vs -6.8%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
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。
ALB vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.2倍
$1.4B
营收增速更快
ALB
高出24.9%
-9.0%
净利率更高
RUSHA
高出32.7%
-29.0%
自由现金流更多
RUSHA
多$178.5M
$233.1M
两年增速更快
ALB
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.7B |
| 净利润 | $-414.2M | $61.7M |
| 毛利率 | 13.9% | 20.4% |
| 营业利润率 | -15.2% | 4.9% |
| 净利率 | -29.0% | 3.7% |
| 营收同比 | 15.9% | -9.0% |
| 净利润同比 | -650.1% | 1.8% |
| 每股收益（稀释后） | $-3.88 | $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ALBRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.4B | $1.7B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
净利润ALBRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $-414.2M | $64.3M | ||
| Q3 25 | $-160.7M | $66.7M | ||
| Q2 25 | $22.9M | $72.4M | ||
| Q1 25 | $41.3M | $60.3M | ||
| Q4 24 | $75.3M | $74.8M | ||
| Q3 24 | $-1.1B | $79.1M | ||
| Q2 24 | $-188.2M | $78.7M |
毛利率ALBRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 13.9% | 20.8% | ||
| Q3 25 | 9.0% | 21.0% | ||
| Q2 25 | 14.8% | 20.7% | ||
| Q1 25 | 14.5% | 20.3% | ||
| Q4 24 | 11.2% | 19.3% | ||
| Q3 24 | -7.7% | 21.0% | ||
| Q2 24 | -0.7% | 20.2% |
营业利润率ALBRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | -15.2% | 5.5% | ||
| Q3 25 | -16.6% | 5.6% | ||
| Q2 25 | 3.6% | 6.0% | ||
| Q1 25 | 1.8% | 5.2% | ||
| Q4 24 | 0.4% | 5.8% | ||
| Q3 24 | -81.9% | 6.7% | ||
| Q2 24 | -34.4% | 6.4% |
净利率ALBRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | -29.0% | 3.8% | ||
| Q3 25 | -12.3% | 3.7% | ||
| Q2 25 | 1.7% | 3.9% | ||
| Q1 25 | 3.8% | 3.4% | ||
| Q4 24 | 6.1% | 3.9% | ||
| Q3 24 | -78.9% | 4.4% | ||
| Q2 24 | -13.2% | 4.1% |
每股收益（稀释后）ALBRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $-3.88 | $0.81 | ||
| Q3 25 | $-1.72 | $0.83 | ||
| Q2 25 | $-0.16 | $0.90 | ||
| Q1 25 | $0.00 | $0.73 | ||
| Q4 24 | $0.29 | $-95.13 | ||
| Q3 24 | $-9.45 | $0.97 | ||
| Q2 24 | $-1.96 | $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 | — | — |
| 总债务越低越好 | $3.2B | $277.8M |
| 股东权益账面价值 | $9.5B | $2.3B |
| 总资产 | $16.4B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.33× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资ALBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | $1.9B | $242.0M | ||
| Q2 25 | $1.8B | $211.1M | ||
| Q1 25 | $1.5B | $228.7M | ||
| Q4 24 | $1.2B | $228.1M | ||
| Q3 24 | $1.7B | $185.1M | ||
| Q2 24 | $1.8B | $167.3M |
总债务ALBRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $3.2B | $274.8M | ||
| Q3 25 | $3.6B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | — | ||
| Q4 24 | $3.5B | $408.4M | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.5B | — |
股东权益ALBRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $9.5B | $2.2B | ||
| Q3 25 | $10.0B | $2.2B | ||
| Q2 25 | $10.2B | $2.2B | ||
| Q1 25 | $10.0B | $2.2B | ||
| Q4 24 | $10.0B | $2.1B | ||
| Q3 24 | $10.2B | $2.1B | ||
| Q2 24 | $11.2B | $2.0B |
总资产ALBRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $16.4B | $4.4B | ||
| Q3 25 | $17.1B | $4.6B | ||
| Q2 25 | $17.3B | $4.7B | ||
| Q1 25 | $17.0B | $4.7B | ||
| Q4 24 | $16.6B | $4.6B | ||
| Q3 24 | $17.5B | $4.6B | ||
| Q2 24 | $18.4B | $4.5B |
负债/权益比ALBRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.33× | 0.12× | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | 0.19× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — |
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 | $388.5M | — |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $411.6M |
| 自由现金流率自由现金流/营收 | 16.3% | 24.4% |
| 资本支出强度资本支出/营收 | 10.9% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $692.5M | $828.4M |
8季度趋势，按日历期对齐
经营现金流ALBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $388.5M | $112.9M | ||
| Q3 25 | $355.6M | $367.8M | ||
| Q2 25 | $-7.2M | $227.6M | ||
| Q1 25 | $545.4M | $153.5M | ||
| Q4 24 | $674.0K | $392.3M | ||
| Q3 24 | $240.5M | $111.7M | ||
| Q2 24 | $362.9M | $270.6M |
自由现金流ALBRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $233.1M | $31.9M | ||
| Q3 25 | $223.4M | $271.2M | ||
| Q2 25 | $-126.8M | $113.8M | ||
| Q1 25 | $362.8M | $45.1M | ||
| Q4 24 | $-355.1M | $263.5M | ||
| Q3 24 | $-62.6M | $-20.0M | ||
| Q2 24 | $-84.7M | $177.2M |
自由现金流率ALBRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 16.3% | 1.9% | ||
| Q3 25 | 17.1% | 15.2% | ||
| Q2 25 | -9.5% | 6.2% | ||
| Q1 25 | 33.7% | 2.6% | ||
| Q4 24 | -28.8% | 13.7% | ||
| Q3 24 | -4.6% | -1.1% | ||
| Q2 24 | -5.9% | 9.1% |
资本支出强度ALBRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 10.9% | 4.8% | ||
| Q3 25 | 10.1% | 5.4% | ||
| Q2 25 | 9.0% | 6.2% | ||
| Q1 25 | 17.0% | 6.2% | ||
| Q4 24 | 28.9% | 6.7% | ||
| Q3 24 | 22.4% | 7.3% | ||
| Q2 24 | 31.3% | 4.8% |
现金转化率ALBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | -0.31× | 3.14× | ||
| Q1 25 | 13.19× | 2.55× | ||
| Q4 24 | 0.01× | 5.25× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 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
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
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% |
