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APA Corporation（APA）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
RYDER SYSTEM INC的季度营收约是APA Corporation的1.4倍（$3.1B vs $2.2B），APA Corporation净利率更高（15.0% vs 3.0%，领先12.0%），RYDER SYSTEM INC同比增速更快（1.0% vs -24.3%），过去两年APA Corporation的营收复合增速更高（1.4% vs -0.9%）
APA Corporation是美国能源企业阿帕奇公司的控股主体，主要从事碳氢化合物资源勘探相关业务，在特拉华州注册成立，总部位于得克萨斯州休斯敦，是北美地区拥有丰富项目经验的能源勘探运营企业。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
APA vs R — 直观对比
营收规模更大
R
是对方的1.4倍
$2.2B
营收增速更快
R
高出25.3%
-24.3%
净利率更高
APA
高出12.0%
3.0%
两年增速更快
APA
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.1B |
| 净利润 | $331.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.5% | — |
| 净利率 | 15.0% | 3.0% |
| 营收同比 | -24.3% | 1.0% |
| 净利润同比 | -22.1% | -5.1% |
| 每股收益（稀释后） | $0.79 | $2.34 |
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APAR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.2B | $3.2B | ||
| Q3 25 | $2.3B | $3.2B | ||
| Q2 25 | $2.3B | $3.2B | ||
| Q1 25 | $2.7B | $3.1B | ||
| Q4 24 | $2.9B | $3.2B | ||
| Q3 24 | $2.7B | $3.2B | ||
| Q2 24 | $2.8B | $3.2B |
净利润APAR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $331.0M | $132.0M | ||
| Q3 25 | $205.0M | $138.0M | ||
| Q2 25 | $603.0M | $131.0M | ||
| Q1 25 | $418.0M | $98.0M | ||
| Q4 24 | $425.0M | $135.0M | ||
| Q3 24 | $-223.0M | $142.0M | ||
| Q2 24 | $541.0M | $127.0M |
营业利润率APAR
| Q1 26 | — | — | ||
| Q4 25 | 32.5% | 5.6% | ||
| Q3 25 | 33.7% | 6.0% | ||
| Q2 25 | 31.8% | 5.8% | ||
| Q1 25 | 31.9% | 4.3% | ||
| Q4 24 | 31.4% | 5.7% | ||
| Q3 24 | -5.2% | 5.9% | ||
| Q2 24 | 34.4% | 5.6% |
净利率APAR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 15.0% | 4.2% | ||
| Q3 25 | 9.0% | 4.4% | ||
| Q2 25 | 26.0% | 4.1% | ||
| Q1 25 | 15.4% | 3.1% | ||
| Q4 24 | 14.6% | 4.2% | ||
| Q3 24 | -8.1% | 4.5% | ||
| Q2 24 | 19.0% | 4.0% |
每股收益（稀释后）APAR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.79 | $3.22 | ||
| Q3 25 | $0.57 | $3.32 | ||
| Q2 25 | $1.67 | $3.13 | ||
| Q1 25 | $0.96 | $2.27 | ||
| Q4 24 | $0.97 | $3.09 | ||
| Q3 24 | $-0.60 | $3.24 | ||
| Q2 24 | $1.46 | $2.84 |
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 | $516.0M | $182.0M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $6.1B | $2.9B |
| 总资产 | $17.8B | — |
| 负债/权益比越低杠杆越低 | 0.70× | — |
8季度趋势，按日历期对齐
现金及短期投资APAR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $516.0M | $198.0M | ||
| Q3 25 | $475.0M | $189.0M | ||
| Q2 25 | $107.0M | $180.0M | ||
| Q1 25 | $67.0M | $151.0M | ||
| Q4 24 | $625.0M | $154.0M | ||
| Q3 24 | $64.0M | $162.0M | ||
| Q2 24 | $160.0M | $164.0M |
总债务APAR
| Q1 26 | — | — | ||
| Q4 25 | $4.3B | $6.8B | ||
| Q3 25 | $4.3B | $7.3B | ||
| Q2 25 | $4.3B | $7.0B | ||
| Q1 25 | $5.2B | $6.7B | ||
| Q4 24 | $6.0B | $6.7B | ||
| Q3 24 | $6.4B | $6.6B | ||
| Q2 24 | $6.7B | $6.5B |
股东权益APAR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $6.1B | $3.1B | ||
| Q3 25 | $6.0B | $3.1B | ||
| Q2 25 | $5.9B | $3.1B | ||
| Q1 25 | $5.4B | $3.0B | ||
| Q4 24 | $5.3B | $3.1B | ||
| Q3 24 | $5.1B | $3.1B | ||
| Q2 24 | $5.4B | $3.1B |
总资产APAR
| Q1 26 | — | — | ||
| Q4 25 | $17.8B | $16.4B | ||
| Q3 25 | $17.7B | $16.5B | ||
| Q2 25 | $18.1B | $16.5B | ||
| Q1 25 | $18.5B | $16.4B | ||
| Q4 24 | $19.4B | $16.7B | ||
| Q3 24 | $19.4B | $16.5B | ||
| Q2 24 | $20.2B | $16.4B |
负债/权益比APAR
| Q1 26 | — | — | ||
| Q4 25 | 0.70× | 2.24× | ||
| Q3 25 | 0.72× | 2.35× | ||
| Q2 25 | 0.73× | 2.27× | ||
| Q1 25 | 0.96× | 2.21× | ||
| Q4 24 | 1.13× | 2.14× | ||
| Q3 24 | 1.25× | 2.17× | ||
| Q2 24 | 1.24× | 2.09× |
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 | $808.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | 2.44× | 6.27× |
| 过去12个月自由现金流最近4个季度 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流APAR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $808.0M | $749.0M | ||
| Q3 25 | $1.5B | $442.0M | ||
| Q2 25 | $1.2B | $752.0M | ||
| Q1 25 | $1.1B | $651.0M | ||
| Q4 24 | $1.0B | $558.0M | ||
| Q3 24 | $1.3B | $629.0M | ||
| Q2 24 | $877.0M | $552.0M |
自由现金流APAR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率APAR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度APAR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率APAR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 2.44× | 5.67× | ||
| Q3 25 | 7.12× | 3.20× | ||
| Q2 25 | 1.96× | 5.74× | ||
| Q1 25 | 2.62× | 6.64× | ||
| Q4 24 | 2.44× | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | 1.62× | 4.35× |
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
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
