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美国运通（AXP）与NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP（NRUC）财务数据对比。点击上方公司名可切换其他公司
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP的季度营收约是美国运通的3.8倍（$72.0M vs $18.9M）。NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP净利率更高（27.2% vs 15.7%，领先11.5%）。美国运通同比增速更快（11.4% vs 10.0%）。过去两年NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP的营收复合增速更高（5.4% vs -95.6%）
美国运通是全球知名的支付服务提供商，主营签账卡、信用卡产品及旅行相关服务，下设全球消费者服务、全球商业服务、全球商户与网络服务三大业务板块，还提供支付融资、网络服务、应付账款费用管理、旅行生活服务等多元解决方案。
美国国家农村公用事业合作金融公司（CFC）是一家由成员所有的非盈利合作社，为美国农村电力合作网络提供金融产品。该公司成立于1969年，创立初衷是从资本市场筹集资金，补充美国农业部农村公用事业局面向电力合作社的贷款项目。
AXP vs NRUC — 直观对比
营收规模更大
NRUC
是对方的3.8倍
$18.9M
营收增速更快
AXP
高出1.4%
10.0%
净利率更高
NRUC
高出11.5%
15.7%
两年增速更快
NRUC
近两年复合增速
-95.6%
损益表 — Q1 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $72.0M |
| 净利润 | $3.0M | $19.6M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 15.7% | 27.2% |
| 营收同比 | 11.4% | 10.0% |
| 净利润同比 | 15.0% | -86.4% |
| 每股收益（稀释后） | — | — |
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AXPNRUC
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $72.0M | ||
| Q3 25 | $10.4B | $71.0M | ||
| Q2 25 | $10.3B | $66.9M | ||
| Q1 25 | $9.6B | $66.9M | ||
| Q4 24 | $10.0B | $65.4M | ||
| Q3 24 | $9.7B | $61.7M | ||
| Q2 24 | $9.8B | — |
净利润AXPNRUC
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $19.6M | ||
| Q3 25 | $2.9B | $4.8M | ||
| Q2 25 | $2.9B | $73.1M | ||
| Q1 25 | $2.6B | $86.0M | ||
| Q4 24 | $2.2B | $144.4M | ||
| Q3 24 | $2.5B | $-163.8M | ||
| Q2 24 | $3.0B | — |
营业利润率AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | — | ||
| Q3 25 | 36.7% | — | ||
| Q2 25 | 34.4% | — | ||
| Q1 25 | 34.6% | — | ||
| Q4 24 | 27.7% | — | ||
| Q3 24 | 33.0% | — | ||
| Q2 24 | 38.6% | — |
净利率AXPNRUC
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | 27.2% | ||
| Q3 25 | 27.9% | 6.7% | ||
| Q2 25 | 28.0% | 109.3% | ||
| Q1 25 | 26.8% | 128.4% | ||
| Q4 24 | 21.8% | 220.7% | ||
| Q3 24 | 25.8% | -265.7% | ||
| Q2 24 | 30.7% | — |
每股收益（稀释后）AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | — | ||
| Q3 25 | $4.14 | — | ||
| Q2 25 | $4.08 | — | ||
| Q1 25 | $3.64 | — | ||
| Q4 24 | $3.04 | — | ||
| Q3 24 | $3.49 | — | ||
| Q2 24 | $4.15 | — |
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 | — | $304.5M |
| 总债务越低越好 | $60.4M | $27.3B |
| 股东权益账面价值 | $34.0M | $3.1B |
| 总资产 | $308.9M | $39.1B |
| 负债/权益比越低杠杆越低 | 1.78× | 8.95× |
8季度趋势，按日历期对齐
现金及短期投资AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $304.5M | ||
| Q3 25 | $1.3B | $257.1M | ||
| Q2 25 | $197.0M | $134.7M | ||
| Q1 25 | $261.0M | $245.4M | ||
| Q4 24 | $221.0M | $347.1M | ||
| Q3 24 | $120.0M | $264.7M | ||
| Q2 24 | $188.0M | — |
总债务AXPNRUC
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $27.3B | ||
| Q3 25 | $57.8B | $27.9B | ||
| Q2 25 | $58.2B | $27.2B | ||
| Q1 25 | $51.2B | $27.5B | ||
| Q4 24 | $49.7B | $26.7B | ||
| Q3 24 | $53.5B | $26.3B | ||
| Q2 24 | $51.5B | — |
股东权益AXPNRUC
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $3.1B | ||
| Q3 25 | $32.4B | $3.0B | ||
| Q2 25 | $32.3B | $3.1B | ||
| Q1 25 | $31.2B | $3.0B | ||
| Q4 24 | $30.3B | $2.9B | ||
| Q3 24 | $29.7B | $2.8B | ||
| Q2 24 | $29.5B | — |
总资产AXPNRUC
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $39.1B | ||
| Q3 25 | $297.6B | $38.8B | ||
| Q2 25 | $295.6B | $38.3B | ||
| Q1 25 | $282.2B | $37.8B | ||
| Q4 24 | $271.5B | $37.1B | ||
| Q3 24 | $271.0B | $36.5B | ||
| Q2 24 | $272.2B | — |
负债/权益比AXPNRUC
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 8.95× | ||
| Q3 25 | 1.78× | 9.21× | ||
| Q2 25 | 1.80× | 8.81× | ||
| Q1 25 | 1.64× | 9.15× | ||
| Q4 24 | 1.64× | 9.14× | ||
| Q3 24 | 1.80× | 9.44× | ||
| Q2 24 | 1.74× | — |
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 | — | $38.9M |
| 自由现金流经营现金流 - 资本支出 | — | $38.3M |
| 自由现金流率自由现金流/营收 | — | 53.2% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | — | 1.99× |
| 过去12个月自由现金流最近4个季度 | — | $225.0M |
8季度趋势，按日历期对齐
经营现金流AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $38.9M | ||
| Q3 25 | $6.2B | $82.3M | ||
| Q2 25 | $4.4B | $-43.3M | ||
| Q1 25 | $4.8B | $150.3M | ||
| Q4 24 | $5.8B | $63.8M | ||
| Q3 24 | $-1.8B | $36.7M | ||
| Q2 24 | $4.5B | — |
自由现金流AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $38.3M | ||
| Q3 25 | $5.6B | $82.0M | ||
| Q2 25 | $3.7B | $-44.3M | ||
| Q1 25 | $4.3B | $149.0M | ||
| Q4 24 | $5.3B | $62.7M | ||
| Q3 24 | $-2.3B | $35.4M | ||
| Q2 24 | $4.0B | — |
自由现金流率AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | 53.2% | ||
| Q3 25 | 53.6% | 115.5% | ||
| Q2 25 | 36.3% | -66.2% | ||
| Q1 25 | 45.0% | 222.5% | ||
| Q4 24 | 53.1% | 95.9% | ||
| Q3 24 | -23.3% | 57.5% | ||
| Q2 24 | 40.4% | — |
资本支出强度AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 0.9% | ||
| Q3 25 | 6.3% | 0.5% | ||
| Q2 25 | 6.0% | 1.6% | ||
| Q1 25 | 4.5% | 1.9% | ||
| Q4 24 | 5.0% | 1.7% | ||
| Q3 24 | 4.7% | 2.1% | ||
| Q2 24 | 5.8% | — |
现金转化率AXPNRUC
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | 1.99× | ||
| Q3 25 | 2.15× | 17.27× | ||
| Q2 25 | 1.51× | -0.59× | ||
| Q1 25 | 1.84× | 1.75× | ||
| Q4 24 | 2.66× | 0.44× | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | — |
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
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
NRUC
暂无分部数据
