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American Water Works（AWK）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American Water Works的1.3倍（$1.7B vs $1.3B），American Water Works净利率更高（18.7% vs 3.7%，领先15.1%），American Water Works同比增速更快（5.8% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $-385.0M），过去两年American Water Works的营收复合增速更高（12.6% vs -6.8%）
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
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。
AWK vs RUSHA — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $238.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 31.9% | 4.9% |
| 净利率 | 18.7% | 3.7% |
| 营收同比 | 5.8% | -9.0% |
| 净利润同比 | -0.4% | 1.8% |
| 每股收益（稀释后） | $1.22 | $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
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.1B | $1.9B |
| Q1 26 | — | $61.7M | ||
| Q4 25 | $238.0M | $64.3M | ||
| Q3 25 | $379.0M | $66.7M | ||
| Q2 25 | $289.0M | $72.4M | ||
| Q1 25 | $205.0M | $60.3M | ||
| Q4 24 | $239.0M | $74.8M | ||
| Q3 24 | $350.0M | $79.1M | ||
| Q2 24 | $277.0M | $78.7M |
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 31.9% | 5.5% | ||
| Q3 25 | 42.2% | 5.6% | ||
| Q2 25 | 38.4% | 6.0% | ||
| Q1 25 | 32.7% | 5.2% | ||
| Q4 24 | 33.3% | 5.8% | ||
| Q3 24 | 40.9% | 6.7% | ||
| Q2 24 | 39.4% | 6.4% |
| Q1 26 | — | 3.7% | ||
| Q4 25 | 18.7% | 3.8% | ||
| Q3 25 | 26.1% | 3.7% | ||
| Q2 25 | 22.7% | 3.9% | ||
| Q1 25 | 18.1% | 3.4% | ||
| Q4 24 | 19.9% | 3.9% | ||
| Q3 24 | 26.4% | 4.4% | ||
| Q2 24 | 24.3% | 4.1% |
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.22 | $0.81 | ||
| Q3 25 | $1.94 | $0.83 | ||
| Q2 25 | $1.48 | $0.90 | ||
| Q1 25 | $1.05 | $0.73 | ||
| Q4 24 | $1.22 | $-95.13 | ||
| Q3 24 | $1.80 | $0.97 | ||
| Q2 24 | $1.42 | $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 | $98.0M | — |
| 总债务越低越好 | $12.8B | $277.8M |
| 股东权益账面价值 | $10.8B | $2.3B |
| 总资产 | $35.4B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.18× | 0.12× |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $98.0M | $212.6M | ||
| Q3 25 | $166.0M | $242.0M | ||
| Q2 25 | $94.0M | $211.1M | ||
| Q1 25 | $114.0M | $228.7M | ||
| Q4 24 | $96.0M | $228.1M | ||
| Q3 24 | $127.0M | $185.1M | ||
| Q2 24 | $48.0M | $167.3M |
| Q1 26 | — | $277.8M | ||
| Q4 25 | $12.8B | $274.8M | ||
| Q3 25 | $13.0B | — | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $12.5B | $408.4M | ||
| Q3 24 | $12.6B | — | ||
| Q2 24 | $12.6B | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $10.8B | $2.2B | ||
| Q3 25 | $10.9B | $2.2B | ||
| Q2 25 | $10.7B | $2.2B | ||
| Q1 25 | $10.5B | $2.2B | ||
| Q4 24 | $10.3B | $2.1B | ||
| Q3 24 | $10.4B | $2.1B | ||
| Q2 24 | $10.2B | $2.0B |
| Q1 26 | — | $4.5B | ||
| Q4 25 | $35.4B | $4.4B | ||
| Q3 25 | $34.7B | $4.6B | ||
| Q2 25 | $33.9B | $4.7B | ||
| Q1 25 | $33.2B | $4.7B | ||
| Q4 24 | $32.8B | $4.6B | ||
| Q3 24 | $31.8B | $4.6B | ||
| Q2 24 | $31.2B | $4.5B |
| Q1 26 | — | 0.12× | ||
| Q4 25 | 1.18× | 0.12× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.21× | 0.19× | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.24× | — |
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 | $663.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | $411.6M |
| 自由现金流率自由现金流/营收 | -30.3% | 24.4% |
| 资本支出强度资本支出/营收 | 82.5% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.79× | — |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $828.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $663.0M | $112.9M | ||
| Q3 25 | $764.0M | $367.8M | ||
| Q2 25 | $301.0M | $227.6M | ||
| Q1 25 | $331.0M | $153.5M | ||
| Q4 24 | $639.0M | $392.3M | ||
| Q3 24 | $679.0M | $111.7M | ||
| Q2 24 | $345.0M | $270.6M |
| Q1 26 | — | $411.6M | ||
| Q4 25 | $-385.0M | $31.9M | ||
| Q3 25 | $-33.0M | $271.2M | ||
| Q2 25 | $-432.0M | $113.8M | ||
| Q1 25 | $-217.0M | $45.1M | ||
| Q4 24 | $-255.0M | $263.5M | ||
| Q3 24 | $-4.0M | $-20.0M | ||
| Q2 24 | $-325.0M | $177.2M |
| Q1 26 | — | 24.4% | ||
| Q4 25 | -30.3% | 1.9% | ||
| Q3 25 | -2.3% | 15.2% | ||
| Q2 25 | -34.0% | 6.2% | ||
| Q1 25 | -19.1% | 2.6% | ||
| Q4 24 | -21.2% | 13.7% | ||
| Q3 24 | -0.3% | -1.1% | ||
| Q2 24 | -28.5% | 9.1% |
| Q1 26 | — | 2.0% | ||
| Q4 25 | 82.5% | 4.8% | ||
| Q3 25 | 54.8% | 5.4% | ||
| Q2 25 | 57.6% | 6.2% | ||
| Q1 25 | 48.3% | 6.2% | ||
| Q4 24 | 74.4% | 6.7% | ||
| Q3 24 | 51.4% | 7.3% | ||
| Q2 24 | 58.8% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.79× | 1.75× | ||
| Q3 25 | 2.02× | 5.51× | ||
| Q2 25 | 1.04× | 3.14× | ||
| Q1 25 | 1.61× | 2.55× | ||
| Q4 24 | 2.67× | 5.25× | ||
| Q3 24 | 1.94× | 1.41× | ||
| Q2 24 | 1.25× | 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
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 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% |
