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艾仕得（AXTA）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\的季度营收约是艾仕得的1.3倍（$1.7B vs $1.3B），艾仕得净利率更高（4.8% vs 3.7%，领先1.1%），艾仕得同比增速更快（-3.7% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $286.0M），过去两年艾仕得的营收复合增速更高（-1.2% vs -6.8%）
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
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。
AXTA vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.3倍
$1.3B
营收增速更快
AXTA
高出5.3%
-9.0%
净利率更高
AXTA
高出1.1%
3.7%
自由现金流更多
RUSHA
多$125.6M
$286.0M
两年增速更快
AXTA
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.7B |
| 净利润 | $60.0M | $61.7M |
| 毛利率 | 33.4% | 20.4% |
| 营业利润率 | 12.8% | 4.9% |
| 净利率 | 4.8% | 3.7% |
| 营收同比 | -3.7% | -9.0% |
| 净利润同比 | -56.2% | 1.8% |
| 每股收益（稀释后） | $0.28 | $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
营收AXTARUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.3B | $1.8B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
净利润AXTARUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $60.0M | $64.3M | ||
| Q3 25 | $110.0M | $66.7M | ||
| Q2 25 | $109.0M | $72.4M | ||
| Q1 25 | $99.0M | $60.3M | ||
| Q4 24 | $137.0M | $74.8M | ||
| Q3 24 | $101.0M | $79.1M | ||
| Q2 24 | $112.0M | $78.7M |
毛利率AXTARUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 33.4% | 20.8% | ||
| Q3 25 | 34.9% | 21.0% | ||
| Q2 25 | 35.0% | 20.7% | ||
| Q1 25 | 34.3% | 20.3% | ||
| Q4 24 | 34.1% | 19.3% | ||
| Q3 24 | 35.0% | 21.0% | ||
| Q2 24 | 34.0% | 20.2% |
营业利润率AXTARUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 12.8% | 5.5% | ||
| Q3 25 | 15.8% | 5.6% | ||
| Q2 25 | 14.8% | 6.0% | ||
| Q1 25 | 13.9% | 5.2% | ||
| Q4 24 | 14.3% | 5.8% | ||
| Q3 24 | 14.6% | 6.7% | ||
| Q2 24 | 15.2% | 6.4% |
净利率AXTARUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 4.8% | 3.8% | ||
| Q3 25 | 8.5% | 3.7% | ||
| Q2 25 | 8.4% | 3.9% | ||
| Q1 25 | 7.8% | 3.4% | ||
| Q4 24 | 10.5% | 3.9% | ||
| Q3 24 | 7.7% | 4.4% | ||
| Q2 24 | 8.3% | 4.1% |
每股收益（稀释后）AXTARUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.28 | $0.81 | ||
| Q3 25 | $0.51 | $0.83 | ||
| Q2 25 | $0.50 | $0.90 | ||
| Q1 25 | $0.45 | $0.73 | ||
| Q4 24 | $0.63 | $-95.13 | ||
| Q3 24 | $0.46 | $0.97 | ||
| Q2 24 | $0.51 | $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 | $657.0M | — |
| 总债务越低越好 | $3.2B | $277.8M |
| 股东权益账面价值 | $2.3B | $2.3B |
| 总资产 | $7.6B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资AXTARUSHA
| Q1 26 | — | — | ||
| Q4 25 | $657.0M | $212.6M | ||
| Q3 25 | $606.0M | $242.0M | ||
| Q2 25 | $625.0M | $211.1M | ||
| Q1 25 | $575.0M | $228.7M | ||
| Q4 24 | $593.0M | $228.1M | ||
| Q3 24 | $567.0M | $185.1M | ||
| Q2 24 | $840.0M | $167.3M |
总债务AXTARUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $3.2B | $274.8M | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.4B | $408.4M | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.6B | — |
股东权益AXTARUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.1B | $2.2B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $1.9B | $2.1B | ||
| Q2 24 | $1.8B | $2.0B |
总资产AXTARUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $7.6B | $4.4B | ||
| Q3 25 | $7.8B | $4.6B | ||
| Q2 25 | $7.8B | $4.7B | ||
| Q1 25 | $7.4B | $4.7B | ||
| Q4 24 | $7.2B | $4.6B | ||
| Q3 24 | $7.5B | $4.6B | ||
| Q2 24 | $7.3B | $4.5B |
负债/权益比AXTARUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 1.36× | 0.12× | ||
| Q3 25 | 1.48× | — | ||
| Q2 25 | 1.50× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.78× | 0.19× | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 2.02× | — |
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 | $344.0M | — |
| 自由现金流经营现金流 - 资本支出 | $286.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 22.7% | 24.4% |
| 资本支出强度资本支出/营收 | 4.6% | 2.0% |
| 现金转化率经营现金流/净利润 | 5.73× | — |
| 过去12个月自由现金流最近4个季度 | $453.0M | $828.4M |
8季度趋势，按日历期对齐
经营现金流AXTARUSHA
| Q1 26 | — | — | ||
| Q4 25 | $344.0M | $112.9M | ||
| Q3 25 | $137.0M | $367.8M | ||
| Q2 25 | $142.0M | $227.6M | ||
| Q1 25 | $26.0M | $153.5M | ||
| Q4 24 | $234.0M | $392.3M | ||
| Q3 24 | $194.0M | $111.7M | ||
| Q2 24 | $114.0M | $270.6M |
自由现金流AXTARUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $286.0M | $31.9M | ||
| Q3 25 | $87.0M | $271.2M | ||
| Q2 25 | $97.0M | $113.8M | ||
| Q1 25 | $-17.0M | $45.1M | ||
| Q4 24 | $172.0M | $263.5M | ||
| Q3 24 | $161.0M | $-20.0M | ||
| Q2 24 | $91.0M | $177.2M |
自由现金流率AXTARUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 22.7% | 1.9% | ||
| Q3 25 | 6.8% | 15.2% | ||
| Q2 25 | 7.4% | 6.2% | ||
| Q1 25 | -1.3% | 2.6% | ||
| Q4 24 | 13.1% | 13.7% | ||
| Q3 24 | 12.2% | -1.1% | ||
| Q2 24 | 6.7% | 9.1% |
资本支出强度AXTARUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 4.6% | 4.8% | ||
| Q3 25 | 3.9% | 5.4% | ||
| Q2 25 | 3.4% | 6.2% | ||
| Q1 25 | 3.4% | 6.2% | ||
| Q4 24 | 4.7% | 6.7% | ||
| Q3 24 | 2.5% | 7.3% | ||
| Q2 24 | 1.7% | 4.8% |
现金转化率AXTARUSHA
| Q1 26 | — | — | ||
| Q4 25 | 5.73× | 1.75× | ||
| Q3 25 | 1.25× | 5.51× | ||
| Q2 25 | 1.30× | 3.14× | ||
| Q1 25 | 0.26× | 2.55× | ||
| Q4 24 | 1.71× | 5.25× | ||
| Q3 24 | 1.92× | 1.41× | ||
| Q2 24 | 1.02× | 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
AXTA
| Refinish | $509.0M | 40% |
| Light Vehicle | $372.0M | 29% |
| Industrial | $282.0M | 22% |
| Commercial Vehicle | $99.0M | 8% |
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% |
