vs
美国铁塔（AMT）与J.B. Hunt（JBHT）财务数据对比。点击上方公司名可切换其他公司
J.B. Hunt的季度营收约是美国铁塔的1.1倍（$3.1B vs $2.7B），美国铁塔净利率更高（110.1% vs 5.8%，领先104.3%），美国铁塔同比增速更快（6.8% vs -1.6%），美国铁塔自由现金流更多（$941.0M vs $251.3M），过去两年美国铁塔的营收复合增速更高（3.7% vs 2.6%）
美国铁塔是全球规模最大的房地产投资信托基金（REIT）之一，作为领先的独立多租户通信地产持有、运营及开发商，目前在全球范围内拥有约21.9万个通信站点，为全球通信产业提供可靠的基础设施支持。
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
AMT vs JBHT — 直观对比
营收规模更大
JBHT
是对方的1.1倍
$2.7B
营收增速更快
AMT
高出8.4%
-1.6%
净利率更高
AMT
高出104.3%
5.8%
自由现金流更多
AMT
多$689.7M
$251.3M
两年增速更快
AMT
近两年复合增速
2.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.1B |
| 净利润 | $3.0B | $181.1M |
| 毛利率 | — | — |
| 营业利润率 | 0.0% | 8.0% |
| 净利率 | 110.1% | 5.8% |
| 营收同比 | 6.8% | -1.6% |
| 净利润同比 | -2.6% | 16.5% |
| 每股收益（稀释后） | — | $1.88 |
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AMTJBHT
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $3.1B | ||
| Q3 25 | $2.7B | $3.1B | ||
| Q2 25 | $2.6B | $2.9B | ||
| Q1 25 | $2.6B | $2.9B | ||
| Q4 24 | $2.5B | $3.1B | ||
| Q3 24 | $2.5B | $3.1B | ||
| Q2 24 | $2.5B | $2.9B |
净利润AMTJBHT
| Q1 26 | $3.0B | — | ||
| Q4 25 | $836.8M | $181.1M | ||
| Q3 25 | $912.6M | $170.8M | ||
| Q2 25 | $380.5M | $128.6M | ||
| Q1 25 | $498.6M | $117.7M | ||
| Q4 24 | $1.2B | $155.5M | ||
| Q3 24 | $-780.4M | $152.1M | ||
| Q2 24 | $908.4M | $135.9M |
营业利润率AMTJBHT
| Q1 26 | 0.0% | — | ||
| Q4 25 | 42.4% | 8.0% | ||
| Q3 25 | 45.4% | 7.9% | ||
| Q2 25 | 45.6% | 6.7% | ||
| Q1 25 | 48.9% | 6.1% | ||
| Q4 24 | 42.4% | 6.6% | ||
| Q3 24 | 45.2% | 7.3% | ||
| Q2 24 | 45.4% | 7.0% |
净利率AMTJBHT
| Q1 26 | 110.1% | — | ||
| Q4 25 | 30.6% | 5.8% | ||
| Q3 25 | 33.6% | 5.6% | ||
| Q2 25 | 14.5% | 4.4% | ||
| Q1 25 | 19.5% | 4.0% | ||
| Q4 24 | 48.3% | 4.9% | ||
| Q3 24 | -30.9% | 5.0% | ||
| Q2 24 | 35.7% | 4.6% |
每股收益（稀释后）AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | $1.76 | $1.88 | ||
| Q3 25 | $1.82 | $1.76 | ||
| Q2 25 | $0.78 | $1.31 | ||
| Q1 25 | $1.04 | $1.17 | ||
| Q4 24 | $2.63 | $1.53 | ||
| Q3 24 | $-1.69 | $1.49 | ||
| Q2 24 | $1.92 | $1.32 |
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 | $17.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.2B | $3.6B |
| 总资产 | — | $7.9B |
| 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AMTJBHT
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $17.3M | ||
| Q3 25 | $2.0B | $52.3M | ||
| Q2 25 | $2.1B | $50.9M | ||
| Q1 25 | $2.1B | $43.4M | ||
| Q4 24 | $2.0B | $47.0M | ||
| Q3 24 | $2.2B | $120.0M | ||
| Q2 24 | $2.2B | $53.5M |
总债务AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | $33.8B | — | ||
| Q3 25 | $34.9B | — | ||
| Q2 25 | $35.2B | — | ||
| Q1 25 | $34.0B | — | ||
| Q4 24 | $32.8B | $977.7M | ||
| Q3 24 | $33.4B | $1.0B | ||
| Q2 24 | $35.6B | $1.5B |
股东权益AMTJBHT
| Q1 26 | $10.2B | — | ||
| Q4 25 | $3.7B | $3.6B | ||
| Q3 25 | $4.0B | $3.6B | ||
| Q2 25 | $3.7B | $3.7B | ||
| Q1 25 | $3.5B | $3.9B | ||
| Q4 24 | $3.4B | $4.0B | ||
| Q3 24 | $3.6B | $4.0B | ||
| Q2 24 | $3.9B | $4.1B |
总资产AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | $63.2B | $7.9B | ||
| Q3 25 | $63.9B | $8.1B | ||
| Q2 25 | $63.8B | $8.2B | ||
| Q1 25 | $62.1B | $8.3B | ||
| Q4 24 | $61.1B | $8.3B | ||
| Q3 24 | $62.8B | $8.3B | ||
| Q2 24 | $65.8B | $8.4B |
负债/权益比AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | 9.26× | — | ||
| Q3 25 | 8.82× | — | ||
| Q2 25 | 9.48× | — | ||
| Q1 25 | 9.63× | — | ||
| Q4 24 | 9.70× | 0.24× | ||
| Q3 24 | 9.16× | 0.26× | ||
| Q2 24 | 9.24× | 0.36× |
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 | — | $385.6M |
| 自由现金流经营现金流 - 资本支出 | $941.0M | $251.3M |
| 自由现金流率自由现金流/营收 | 34.4% | 8.1% |
| 资本支出强度资本支出/营收 | 16.8% | 4.3% |
| 现金转化率经营现金流/净利润 | — | 2.13× |
| 过去12个月自由现金流最近4个季度 | $6.7B | $947.6M |
8季度趋势，按日历期对齐
经营现金流AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $385.6M | ||
| Q3 25 | $1.5B | $486.4M | ||
| Q2 25 | $1.3B | $402.1M | ||
| Q1 25 | $1.3B | $404.2M | ||
| Q4 24 | $5.3B | $317.6M | ||
| Q3 24 | $1.5B | $338.5M | ||
| Q2 24 | $1.3B | $360.6M |
自由现金流AMTJBHT
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | $251.3M | ||
| Q3 25 | $994.5M | $352.4M | ||
| Q2 25 | $976.9M | $185.6M | ||
| Q1 25 | $963.9M | $158.4M | ||
| Q4 24 | $3.7B | $93.3M | ||
| Q3 24 | $1.0B | $163.1M | ||
| Q2 24 | $1.0B | $98.2M |
自由现金流率AMTJBHT
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | 8.1% | ||
| Q3 25 | 36.6% | 11.5% | ||
| Q2 25 | 37.2% | 6.3% | ||
| Q1 25 | 37.6% | 5.4% | ||
| Q4 24 | 145.3% | 3.0% | ||
| Q3 24 | 41.4% | 5.3% | ||
| Q2 24 | 39.8% | 3.4% |
资本支出强度AMTJBHT
| Q1 26 | 16.8% | — | ||
| Q4 25 | 61.4% | 4.3% | ||
| Q3 25 | 17.1% | 4.4% | ||
| Q2 25 | 11.6% | 7.4% | ||
| Q1 25 | 12.9% | 8.4% | ||
| Q4 24 | 62.4% | 7.1% | ||
| Q3 24 | 16.8% | 5.7% | ||
| Q2 24 | 12.8% | 9.0% |
现金转化率AMTJBHT
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 2.13× | ||
| Q3 25 | 1.60× | 2.85× | ||
| Q2 25 | 3.37× | 3.13× | ||
| Q1 25 | 2.60× | 3.43× | ||
| Q4 24 | 4.30× | 2.04× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | 1.47× | 2.65× |
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
AMT
暂无分部数据
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
