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百特国际（BAX）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
百特国际的季度营收约是RXO, Inc.的1.8倍（$2.7B vs $1.5B），百特国际净利率更高（-0.6% vs -3.1%，领先2.6%），百特国际同比增速更快（3.0% vs -11.9%），百特国际自由现金流更多（$76.0M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -15.8%）
百特国际是总部位于美国伊利诺伊州迪尔菲尔德的跨国医疗健康企业，业务布局覆盖全球众多市场，专注于研发、生产及销售各类医疗相关产品与解决方案，为全球医疗机构和患者提供专业可靠的医疗支持。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
BAX vs RXO — 直观对比
营收规模更大
BAX
是对方的1.8倍
$1.5B
营收增速更快
BAX
高出14.9%
-11.9%
净利率更高
BAX
高出2.6%
-3.1%
自由现金流更多
BAX
多$85.0M
$-9.0M
两年增速更快
RXO
近两年复合增速
-15.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $1.5B |
| 净利润 | $-15.0M | $-46.0M |
| 毛利率 | 33.0% | — |
| 营业利润率 | 2.4% | -2.9% |
| 净利率 | -0.6% | -3.1% |
| 营收同比 | 3.0% | -11.9% |
| 净利润同比 | — | -84.0% |
| 每股收益（稀释后） | $-0.03 | $-0.28 |
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BAXRXO
| Q1 26 | $2.7B | — | ||
| Q4 25 | $3.0B | $1.5B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.8B | $1.4B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $533.0M | $1.7B | ||
| Q3 24 | $2.7B | $1.0B | ||
| Q2 24 | $3.8B | $930.0M |
净利润BAXRXO
| Q1 26 | $-15.0M | — | ||
| Q4 25 | $-1.1B | $-46.0M | ||
| Q3 25 | $-46.0M | $-14.0M | ||
| Q2 25 | $91.0M | $-9.0M | ||
| Q1 25 | $126.0M | $-31.0M | ||
| Q4 24 | $-512.0M | $-25.0M | ||
| Q3 24 | $140.0M | $-243.0M | ||
| Q2 24 | $-314.0M | $-7.0M |
毛利率BAXRXO
| Q1 26 | 33.0% | — | ||
| Q4 25 | 19.4% | — | ||
| Q3 25 | 33.5% | — | ||
| Q2 25 | 35.3% | — | ||
| Q1 25 | 32.8% | — | ||
| Q4 24 | 25.0% | — | ||
| Q3 24 | 38.3% | — | ||
| Q2 24 | 37.5% | — |
营业利润率BAXRXO
| Q1 26 | 2.4% | — | ||
| Q4 25 | -24.5% | -2.9% | ||
| Q3 25 | 6.1% | -0.5% | ||
| Q2 25 | 6.8% | — | ||
| Q1 25 | 2.2% | -2.1% | ||
| Q4 24 | -25.5% | -1.4% | ||
| Q3 24 | 5.7% | -1.9% | ||
| Q2 24 | -5.0% | — |
净利率BAXRXO
| Q1 26 | -0.6% | — | ||
| Q4 25 | -37.9% | -3.1% | ||
| Q3 25 | -1.6% | -1.0% | ||
| Q2 25 | 3.2% | -0.6% | ||
| Q1 25 | 4.8% | -2.2% | ||
| Q4 24 | -96.1% | -1.5% | ||
| Q3 24 | 5.2% | -23.4% | ||
| Q2 24 | -8.2% | -0.8% |
每股收益（稀释后）BAXRXO
| Q1 26 | $-0.03 | — | ||
| Q4 25 | $-2.21 | $-0.28 | ||
| Q3 25 | $-0.09 | $-0.08 | ||
| Q2 25 | $0.18 | $-0.05 | ||
| Q1 25 | $0.25 | $-0.18 | ||
| Q4 24 | $-0.99 | $-0.17 | ||
| Q3 24 | $0.27 | $-1.81 | ||
| Q2 24 | $-0.62 | $-0.06 |
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 | — | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | — | $1.5B |
| 总资产 | — | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $17.0M | ||
| Q3 25 | $1.7B | $25.0M | ||
| Q2 25 | $1.7B | $18.0M | ||
| Q1 25 | $2.3B | $16.0M | ||
| Q4 24 | $1.8B | $35.0M | ||
| Q3 24 | $1.4B | $55.0M | ||
| Q2 24 | $2.1B | $7.0M |
总债务BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | $9.5B | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | $10.4B | $351.0M | ||
| Q3 24 | $10.4B | $352.0M | ||
| Q2 24 | $10.4B | $370.0M |
股东权益BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | $6.1B | $1.5B | ||
| Q3 25 | $7.2B | $1.6B | ||
| Q2 25 | $7.3B | $1.6B | ||
| Q1 25 | $7.1B | $1.6B | ||
| Q4 24 | $7.0B | $1.6B | ||
| Q3 24 | $7.9B | $1.7B | ||
| Q2 24 | $7.6B | $579.0M |
总资产BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | $20.1B | $3.3B | ||
| Q3 25 | $21.1B | $3.2B | ||
| Q2 25 | $21.0B | $3.2B | ||
| Q1 25 | $21.3B | $3.3B | ||
| Q4 24 | $25.8B | $3.4B | ||
| Q3 24 | $26.7B | $3.4B | ||
| Q2 24 | $26.3B | $1.8B |
负债/权益比BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | 1.55× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 1.49× | 0.22× | ||
| Q3 24 | 1.33× | 0.21× | ||
| Q2 24 | 1.37× | 0.64× |
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 | — | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $76.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | 2.8% | -0.6% |
| 资本支出强度资本支出/营收 | 5.1% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | $584.0M | $7.0M | ||
| Q3 25 | $237.0M | $23.0M | ||
| Q2 25 | $217.0M | $23.0M | ||
| Q1 25 | $-193.0M | $-2.0M | ||
| Q4 24 | $488.0M | $-7.0M | ||
| Q3 24 | $253.0M | $-7.0M | ||
| Q2 24 | $115.0M | $-5.0M |
自由现金流BAXRXO
| Q1 26 | $76.0M | — | ||
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | — | $-16.0M |
自由现金流率BAXRXO
| Q1 26 | 2.8% | — | ||
| Q4 25 | — | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -1.7% |
资本支出强度BAXRXO
| Q1 26 | 5.1% | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% |
现金转化率BAXRXO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.38× | — | ||
| Q1 25 | -1.53× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.81× | — | ||
| Q2 24 | — | — |
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
BAX
暂无分部数据
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
