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空气化工产品公司（APD）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的季度营收约是空气化工产品公司的1.0倍（$3.1B vs $3.1B），空气化工产品公司净利率更高（21.9% vs 3.0%，领先18.9%），空气化工产品公司同比增速更快（5.8% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $-350.5M），过去两年空气化工产品公司的营收复合增速更高（2.9% vs -0.9%）
空气化工产品公司是全球知名的工业气体供应商，业务覆盖全球各地，主营大气气体、工艺气体、特种气体、相关设备及服务，产品涵盖氧气、氮气、氩气、氢气、氦气、二氧化碳、一氧化碳、合成气等，同时供应空分装置、非低温发生器等气体生产处理设备，服务炼油、化工、气化等多个行业领域。
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。
APD vs R — 直观对比
营收规模更大
R
是对方的1.0倍
$3.1B
营收增速更快
APD
高出4.8%
1.0%
净利率更高
APD
高出18.9%
3.0%
自由现金流更多
R
多$623.5M
$-350.5M
两年增速更快
APD
近两年复合增速
-0.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.1B |
| 净利润 | $678.2M | $93.0M |
| 毛利率 | 32.1% | — |
| 营业利润率 | 23.7% | — |
| 净利率 | 21.9% | 3.0% |
| 营收同比 | 5.8% | 1.0% |
| 净利润同比 | 9.8% | -5.1% |
| 每股收益（稀释后） | $3.04 | $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APDR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $3.1B | $3.2B | ||
| Q3 25 | $3.2B | $3.2B | ||
| Q2 25 | $3.0B | $3.2B | ||
| Q1 25 | $2.9B | $3.1B | ||
| Q4 24 | $2.9B | $3.2B | ||
| Q3 24 | $3.2B | $3.2B | ||
| Q2 24 | $3.0B | $3.2B |
净利润APDR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $678.2M | $132.0M | ||
| Q3 25 | $4.9M | $138.0M | ||
| Q2 25 | $713.8M | $131.0M | ||
| Q1 25 | $-1.7B | $98.0M | ||
| Q4 24 | $617.4M | $135.0M | ||
| Q3 24 | $1.9B | $142.0M | ||
| Q2 24 | $696.6M | $127.0M |
毛利率APDR
| Q1 26 | — | — | ||
| Q4 25 | 32.1% | — | ||
| Q3 25 | 32.3% | — | ||
| Q2 25 | 32.5% | — | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 31.2% | — | ||
| Q3 24 | 34.0% | — | ||
| Q2 24 | 32.8% | — |
营业利润率APDR
| Q1 26 | — | — | ||
| Q4 25 | 23.7% | 5.6% | ||
| Q3 25 | 0.5% | 6.0% | ||
| Q2 25 | 26.2% | 5.8% | ||
| Q1 25 | -79.8% | 4.3% | ||
| Q4 24 | 22.0% | 5.7% | ||
| Q3 24 | 76.1% | 5.9% | ||
| Q2 24 | 24.7% | 5.6% |
净利率APDR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 21.9% | 4.2% | ||
| Q3 25 | 0.2% | 4.4% | ||
| Q2 25 | 23.6% | 4.1% | ||
| Q1 25 | -59.3% | 3.1% | ||
| Q4 24 | 21.1% | 4.2% | ||
| Q3 24 | 61.2% | 4.5% | ||
| Q2 24 | 23.3% | 4.0% |
每股收益（稀释后）APDR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $3.04 | $3.22 | ||
| Q3 25 | $0.03 | $3.32 | ||
| Q2 25 | $3.20 | $3.13 | ||
| Q1 25 | $-7.77 | $2.27 | ||
| Q4 24 | $2.77 | $3.09 | ||
| Q3 24 | $8.75 | $3.24 | ||
| Q2 24 | $3.13 | $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 | $1.0B | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $15.4B | $2.9B |
| 总资产 | $41.2B | — |
| 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APDR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $1.0B | $198.0M | ||
| Q3 25 | $1.9B | $189.0M | ||
| Q2 25 | $2.3B | $180.0M | ||
| Q1 25 | $1.6B | $151.0M | ||
| Q4 24 | $2.0B | $154.0M | ||
| Q3 24 | $3.0B | $162.0M | ||
| Q2 24 | $2.4B | $164.0M |
总债务APDR
| Q1 26 | — | — | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.6B | ||
| Q2 24 | — | $6.5B |
股东权益APDR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $15.4B | $3.1B | ||
| Q3 25 | $15.0B | $3.1B | ||
| Q2 25 | $15.5B | $3.1B | ||
| Q1 25 | $14.7B | $3.0B | ||
| Q4 24 | $16.7B | $3.1B | ||
| Q3 24 | $17.0B | $3.1B | ||
| Q2 24 | $15.1B | $3.1B |
总资产APDR
| Q1 26 | — | — | ||
| Q4 25 | $41.2B | $16.4B | ||
| Q3 25 | $41.1B | $16.5B | ||
| Q2 25 | $41.7B | $16.5B | ||
| Q1 25 | $38.9B | $16.4B | ||
| Q4 24 | $40.0B | $16.7B | ||
| Q3 24 | $39.6B | $16.5B | ||
| Q2 24 | $37.0B | $16.4B |
负债/权益比APDR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | — | 2.17× | ||
| Q2 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 | $900.7M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $-350.5M | $273.0M |
| 自由现金流率自由现金流/营收 | -11.3% | 8.7% |
| 资本支出强度资本支出/营收 | 40.3% | 13.7% |
| 现金转化率经营现金流/净利润 | 1.33× | 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APDR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $900.7M | $749.0M | ||
| Q3 25 | — | $442.0M | ||
| Q2 25 | $855.8M | $752.0M | ||
| Q1 25 | $328.1M | $651.0M | ||
| Q4 24 | $811.7M | $558.0M | ||
| Q3 24 | — | $629.0M | ||
| Q2 24 | $1.3B | $552.0M |
自由现金流APDR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $-350.5M | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | $-640.0M | $63.0M | ||
| Q1 25 | $-1.6B | $137.0M | ||
| Q4 24 | $-1.3B | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | $-345.2M | $-87.0M |
自由现金流率APDR
| Q1 26 | — | 8.7% | ||
| Q4 25 | -11.3% | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | -21.2% | 2.0% | ||
| Q1 25 | -53.6% | 4.4% | ||
| Q4 24 | -44.5% | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | -11.6% | -2.7% |
资本支出强度APDR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 40.3% | 12.8% | ||
| Q3 25 | 47.9% | 16.6% | ||
| Q2 25 | 49.5% | 21.6% | ||
| Q1 25 | 64.9% | 16.4% | ||
| Q4 24 | 72.2% | 23.8% | ||
| Q3 24 | 65.1% | 18.9% | ||
| Q2 24 | 53.8% | 20.1% |
现金转化率APDR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 1.33× | 5.67× | ||
| Q3 25 | — | 3.20× | ||
| Q2 25 | 1.20× | 5.74× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | 1.31× | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | 1.81× | 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
APD
| Other | $1.6B | 53% |
| Onsite | $783.9M | 25% |
| Merchant | $557.8M | 18% |
| Saleof Equipment | $117.0M | 4% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
