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AUTONATION, INC.（AN）与Murphy USA Inc.（MUSA）财务数据对比。点击上方公司名可切换其他公司
AUTONATION, INC.的季度营收约是Murphy USA Inc.的1.5倍（$6.9B vs $4.7B）。Murphy USA Inc.净利率更高（3.0% vs 2.5%，领先0.5%）。Murphy USA Inc.同比增速更快（0.7% vs -3.9%）。Murphy USA Inc.自由现金流更多（$128.8M vs $64.2M）。过去两年AUTONATION, INC.的营收复合增速更高（3.4% vs -1.0%）
AutoNation是总部位于美国佛罗里达州劳德代尔堡的汽车零售企业，1996年由韦恩·休伊森创立，最初仅拥有12家门店，目前在全美运营超300个零售网点，提供新车、二手车销售及相关配套服务。
墨菲美国是总部位于美国阿肯色州埃尔多拉多的企业，2013年由墨菲石油分拆后独立运营，主营连锁零售加油站业务，旗下站点大多毗邻沃尔玛门店开设，为消费者提供燃油及配套零售服务。
AN vs MUSA — 直观对比
营收规模更大
AN
是对方的1.5倍
$4.7B
营收增速更快
MUSA
高出4.6%
-3.9%
净利率更高
MUSA
高出0.5%
2.5%
自由现金流更多
MUSA
多$64.6M
$64.2M
两年增速更快
AN
近两年复合增速
-1.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.9B | $4.7B |
| 净利润 | $172.1M | $141.9M |
| 毛利率 | 17.5% | — |
| 营业利润率 | 4.5% | 4.4% |
| 净利率 | 2.5% | 3.0% |
| 营收同比 | -3.9% | 0.7% |
| 净利润同比 | -7.5% | -0.4% |
| 每股收益（稀释后） | $4.68 | $7.35 |
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ANMUSA
| Q4 25 | $6.9B | $4.7B | ||
| Q3 25 | $7.0B | $5.1B | ||
| Q2 25 | $7.0B | $5.0B | ||
| Q1 25 | $6.7B | $4.5B | ||
| Q4 24 | $7.2B | $4.7B | ||
| Q3 24 | $6.6B | $5.2B | ||
| Q2 24 | $6.5B | $5.5B | ||
| Q1 24 | $6.5B | $4.8B |
净利润ANMUSA
| Q4 25 | $172.1M | $141.9M | ||
| Q3 25 | $215.1M | $129.9M | ||
| Q2 25 | $86.4M | $145.6M | ||
| Q1 25 | $175.5M | $53.2M | ||
| Q4 24 | $186.1M | $142.5M | ||
| Q3 24 | $185.8M | $149.2M | ||
| Q2 24 | $130.2M | $144.8M | ||
| Q1 24 | $190.1M | $66.0M |
毛利率ANMUSA
| Q4 25 | 17.5% | — | ||
| Q3 25 | 17.6% | — | ||
| Q2 25 | 18.3% | — | ||
| Q1 25 | 18.2% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 18.5% | — |
营业利润率ANMUSA
| Q4 25 | 4.5% | 4.4% | ||
| Q3 25 | 5.3% | 3.9% | ||
| Q2 25 | 3.1% | 4.4% | ||
| Q1 25 | 5.0% | 1.9% | ||
| Q4 24 | 4.7% | 4.2% | ||
| Q3 24 | 5.3% | 4.2% | ||
| Q2 24 | 4.2% | 4.0% | ||
| Q1 24 | 5.2% | 2.2% |
净利率ANMUSA
| Q4 25 | 2.5% | 3.0% | ||
| Q3 25 | 3.1% | 2.5% | ||
| Q2 25 | 1.2% | 2.9% | ||
| Q1 25 | 2.6% | 1.2% | ||
| Q4 24 | 2.6% | 3.0% | ||
| Q3 24 | 2.8% | 2.8% | ||
| Q2 24 | 2.0% | 2.7% | ||
| Q1 24 | 2.9% | 1.4% |
每股收益（稀释后）ANMUSA
| Q4 25 | $4.68 | $7.35 | ||
| Q3 25 | $5.65 | $6.76 | ||
| Q2 25 | $2.26 | $7.36 | ||
| Q1 25 | $4.45 | $2.63 | ||
| Q4 24 | $4.62 | $6.87 | ||
| Q3 24 | $4.61 | $7.20 | ||
| Q2 24 | $3.20 | $6.92 | ||
| Q1 24 | $4.49 | $3.12 |
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 | $58.6M | $28.9M |
| 总债务越低越好 | $3.7B | $2.2B |
| 股东权益账面价值 | $2.3B | $623.5M |
| 总资产 | $14.4B | $4.7B |
| 负债/权益比越低杠杆越低 | 1.58× | 3.47× |
8季度趋势，按日历期对齐
现金及短期投资ANMUSA
| Q4 25 | $58.6M | $28.9M | ||
| Q3 25 | $97.6M | $42.8M | ||
| Q2 25 | $62.9M | $54.1M | ||
| Q1 25 | $70.5M | $49.4M | ||
| Q4 24 | $59.8M | $47.0M | ||
| Q3 24 | $60.2M | $52.5M | ||
| Q2 24 | $85.9M | $79.8M | ||
| Q1 24 | $60.3M | $56.7M |
总债务ANMUSA
| Q4 25 | $3.7B | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $3.1B | $1.8B | ||
| Q1 24 | $3.1B | $1.8B |
股东权益ANMUSA
| Q4 25 | $2.3B | $623.5M | ||
| Q3 25 | $2.5B | $546.0M | ||
| Q2 25 | $2.5B | $646.1M | ||
| Q1 25 | $2.4B | $719.6M | ||
| Q4 24 | $2.5B | $840.1M | ||
| Q3 24 | $2.4B | $830.1M | ||
| Q2 24 | $2.2B | $811.3M | ||
| Q1 24 | $2.4B | $781.6M |
总资产ANMUSA
| Q4 25 | $14.4B | $4.7B | ||
| Q3 25 | $14.2B | $4.7B | ||
| Q2 25 | $13.6B | $4.6B | ||
| Q1 25 | $13.3B | $4.5B | ||
| Q4 24 | $13.0B | $4.5B | ||
| Q3 24 | $12.9B | $4.4B | ||
| Q2 24 | $12.8B | $4.4B | ||
| Q1 24 | $12.0B | $4.3B |
负债/权益比ANMUSA
| Q4 25 | 1.58× | 3.47× | ||
| Q3 25 | — | 4.07× | ||
| Q2 25 | — | 3.20× | ||
| Q1 25 | 1.29× | 2.74× | ||
| Q4 24 | 1.06× | 2.18× | ||
| Q3 24 | 1.32× | 2.19× | ||
| Q2 24 | 1.43× | 2.20× | ||
| Q1 24 | 1.32× | 2.28× |
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 | $150.5M | $245.5M |
| 自由现金流经营现金流 - 资本支出 | $64.2M | $128.8M |
| 自由现金流率自由现金流/营收 | 0.9% | 2.7% |
| 资本支出强度资本支出/营收 | 1.2% | 2.5% |
| 现金转化率经营现金流/净利润 | 0.87× | 1.73× |
| 过去12个月自由现金流最近4个季度 | $-197.5M | $374.3M |
8季度趋势，按日历期对齐
经营现金流ANMUSA
| Q4 25 | $150.5M | $245.5M | ||
| Q3 25 | $191.7M | $184.8M | ||
| Q2 25 | $-177.8M | $255.1M | ||
| Q1 25 | $-52.5M | $128.5M | ||
| Q4 24 | $149.8M | $248.7M | ||
| Q3 24 | $-70.0M | $202.1M | ||
| Q2 24 | $-59.6M | $260.8M | ||
| Q1 24 | $294.5M | $136.0M |
自由现金流ANMUSA
| Q4 25 | $64.2M | $128.8M | ||
| Q3 25 | $122.8M | $67.7M | ||
| Q2 25 | $-256.8M | $137.1M | ||
| Q1 25 | $-127.7M | $40.7M | ||
| Q4 24 | $83.5M | $121.7M | ||
| Q3 24 | $-151.0M | $65.2M | ||
| Q2 24 | $-147.1M | $142.8M | ||
| Q1 24 | $200.8M | $59.8M |
自由现金流率ANMUSA
| Q4 25 | 0.9% | 2.7% | ||
| Q3 25 | 1.7% | 1.3% | ||
| Q2 25 | -3.7% | 2.7% | ||
| Q1 25 | -1.9% | 0.9% | ||
| Q4 24 | 1.2% | 2.6% | ||
| Q3 24 | -2.3% | 1.2% | ||
| Q2 24 | -2.3% | 2.6% | ||
| Q1 24 | 3.1% | 1.2% |
资本支出强度ANMUSA
| Q4 25 | 1.2% | 2.5% | ||
| Q3 25 | 1.0% | 2.3% | ||
| Q2 25 | 1.1% | 2.4% | ||
| Q1 25 | 1.1% | 1.9% | ||
| Q4 24 | 0.9% | 2.7% | ||
| Q3 24 | 1.2% | 2.6% | ||
| Q2 24 | 1.4% | 2.2% | ||
| Q1 24 | 1.4% | 1.6% |
现金转化率ANMUSA
| Q4 25 | 0.87× | 1.73× | ||
| Q3 25 | 0.89× | 1.42× | ||
| Q2 25 | -2.06× | 1.75× | ||
| Q1 25 | -0.30× | 2.42× | ||
| Q4 24 | 0.80× | 1.75× | ||
| Q3 24 | -0.38× | 1.35× | ||
| Q2 24 | -0.46× | 1.80× | ||
| Q1 24 | 1.55× | 2.06× |
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
AN
| New Vehicle | $3.4B | 50% |
| Transferred At Point In Time | $1.7B | 24% |
| Parts And Service | $1.2B | 18% |
| Finance And Insurance Net | $369.4M | 5% |
| Transferred Over Time | $221.4M | 3% |
| Other | $3.5M | 0% |
MUSA
| Product Sales Petroleum Retail | $3.3B | 69% |
| Merchandise | $1.1B | 23% |
| Product Sales Petroleum Wholesale | $327.9M | 7% |
| Other | $57.0M | 1% |
| Renewable Identification Numbers | $55.3M | 1% |
| Revenue Other | $1.3M | 0% |
