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奥尼兰姆制药（ALNY）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\的季度营收约是奥尼兰姆制药的1.5倍（$1.7B vs $1.1B），奥尼兰姆制药净利率更高（17.0% vs 3.7%，领先13.3%），奥尼兰姆制药同比增速更快（84.9% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $140.3M），过去两年奥尼兰姆制药的营收复合增速更高（49.0% vs -6.8%）
奥尼兰姆制药是美国生物制药企业，2002年成立，总部位于马萨诸塞州剑桥市，专注于研发及商业化针对基因明确疾病的RNA干扰（RNAi）疗法，2016年入选福布斯「100家最具创新力成长企业」榜单。
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。
ALNY vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.5倍
$1.1B
营收增速更快
ALNY
高出93.9%
-9.0%
净利率更高
ALNY
高出13.3%
3.7%
自由现金流更多
RUSHA
多$271.3M
$140.3M
两年增速更快
ALNY
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $186.4M | $61.7M |
| 毛利率 | 75.6% | 20.4% |
| 营业利润率 | 12.0% | 4.9% |
| 净利率 | 17.0% | 3.7% |
| 营收同比 | 84.9% | -9.0% |
| 净利润同比 | 322.6% | 1.8% |
| 每股收益（稀释后） | $1.44 | $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ALNYRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $773.7M | $1.8B | ||
| Q1 25 | $594.2M | $1.8B | ||
| Q4 24 | $593.2M | $1.9B | ||
| Q3 24 | $500.9M | $1.8B | ||
| Q2 24 | $659.8M | $1.9B |
净利润ALNYRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $186.4M | $64.3M | ||
| Q3 25 | $251.1M | $66.7M | ||
| Q2 25 | $-66.3M | $72.4M | ||
| Q1 25 | $-57.5M | $60.3M | ||
| Q4 24 | $-83.8M | $74.8M | ||
| Q3 24 | $-111.6M | $79.1M | ||
| Q2 24 | $-16.9M | $78.7M |
毛利率ALNYRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 75.6% | 20.8% | ||
| Q3 25 | 84.2% | 21.0% | ||
| Q2 25 | 81.6% | 20.7% | ||
| Q1 25 | 88.2% | 20.3% | ||
| Q4 24 | 82.7% | 19.3% | ||
| Q3 24 | 83.6% | 21.0% | ||
| Q2 24 | 89.8% | 20.2% |
营业利润率ALNYRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 12.0% | 5.5% | ||
| Q3 25 | 29.5% | 5.6% | ||
| Q2 25 | -2.1% | 6.0% | ||
| Q1 25 | 3.0% | 5.2% | ||
| Q4 24 | -17.7% | 5.8% | ||
| Q3 24 | -15.4% | 6.7% | ||
| Q2 24 | 7.4% | 6.4% |
净利率ALNYRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 17.0% | 3.8% | ||
| Q3 25 | 20.1% | 3.7% | ||
| Q2 25 | -8.6% | 3.9% | ||
| Q1 25 | -9.7% | 3.4% | ||
| Q4 24 | -14.1% | 3.9% | ||
| Q3 24 | -22.3% | 4.4% | ||
| Q2 24 | -2.6% | 4.1% |
每股收益（稀释后）ALNYRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.44 | $0.81 | ||
| Q3 25 | $1.84 | $0.83 | ||
| Q2 25 | $-0.51 | $0.90 | ||
| Q1 25 | $-0.44 | $0.73 | ||
| Q4 24 | $-0.66 | $-95.13 | ||
| Q3 24 | $-0.87 | $0.97 | ||
| Q2 24 | $-0.13 | $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 | $1.7B | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $789.2M | $2.3B |
| 总资产 | $5.0B | $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ALNYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $212.6M | ||
| Q3 25 | $1.5B | $242.0M | ||
| Q2 25 | $1.1B | $211.1M | ||
| Q1 25 | $1.0B | $228.7M | ||
| Q4 24 | $966.4M | $228.1M | ||
| Q3 24 | $1.1B | $185.1M | ||
| Q2 24 | $968.5M | $167.3M |
总债务ALNYRUSHA
| 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ALNYRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $789.2M | $2.2B | ||
| Q3 25 | $233.9M | $2.2B | ||
| Q2 25 | $250.6M | $2.2B | ||
| Q1 25 | $115.4M | $2.2B | ||
| Q4 24 | $67.1M | $2.1B | ||
| Q3 24 | $32.4M | $2.1B | ||
| Q2 24 | $-3.1M | $2.0B |
总资产ALNYRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $5.0B | $4.4B | ||
| Q3 25 | $4.9B | $4.6B | ||
| Q2 25 | $4.6B | $4.7B | ||
| Q1 25 | $4.2B | $4.7B | ||
| Q4 24 | $4.2B | $4.6B | ||
| Q3 24 | $4.2B | $4.6B | ||
| Q2 24 | $4.0B | $4.5B |
负债/权益比ALNYRUSHA
| 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 | $163.6M | — |
| 自由现金流经营现金流 - 资本支出 | $140.3M | $411.6M |
| 自由现金流率自由现金流/营收 | 12.8% | 24.4% |
| 资本支出强度资本支出/营收 | 2.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $465.4M | $828.4M |
8季度趋势，按日历期对齐
经营现金流ALNYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $163.6M | $112.9M | ||
| Q3 25 | $325.1M | $367.8M | ||
| Q2 25 | $153.7M | $227.6M | ||
| Q1 25 | $-118.3M | $153.5M | ||
| Q4 24 | $-94.7M | $392.3M | ||
| Q3 24 | $43.7M | $111.7M | ||
| Q2 24 | $124.2M | $270.6M |
自由现金流ALNYRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $140.3M | $31.9M | ||
| Q3 25 | $313.0M | $271.2M | ||
| Q2 25 | $139.4M | $113.8M | ||
| Q1 25 | $-127.3M | $45.1M | ||
| Q4 24 | $-103.8M | $263.5M | ||
| Q3 24 | $39.5M | $-20.0M | ||
| Q2 24 | $116.1M | $177.2M |
自由现金流率ALNYRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 12.8% | 1.9% | ||
| Q3 25 | 25.1% | 15.2% | ||
| Q2 25 | 18.0% | 6.2% | ||
| Q1 25 | -21.4% | 2.6% | ||
| Q4 24 | -17.5% | 13.7% | ||
| Q3 24 | 7.9% | -1.1% | ||
| Q2 24 | 17.6% | 9.1% |
资本支出强度ALNYRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 2.1% | 4.8% | ||
| Q3 25 | 1.0% | 5.4% | ||
| Q2 25 | 1.8% | 6.2% | ||
| Q1 25 | 1.5% | 6.2% | ||
| Q4 24 | 1.5% | 6.7% | ||
| Q3 24 | 0.8% | 7.3% | ||
| Q2 24 | 1.2% | 4.8% |
现金转化率ALNYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 0.88× | 1.75× | ||
| Q3 25 | 1.29× | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | — | 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
ALNY
| TTR | $858.3M | 78% |
| Rare | $136.4M | 12% |
| GIVLAARI | $56.3M | 5% |
| Collaborative Arrangement | $40.9M | 4% |
| ONPATTRO | $12.0M | 1% |
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% |
