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贝壳控股（BEKE）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
贝壳控股的季度营收约是RYDER SYSTEM INC的1.0倍（$3.2B vs $3.1B），贝壳控股净利率更高（3.2% vs 3.0%，领先0.3%），过去两年贝壳控股的营收复合增速更高（9.8% vs -0.9%）
贝壳控股是中国领先的线上线下一体化居住服务平台，旗下运营贝壳找房等品牌，业务覆盖二手房交易经纪、新房代理销售、房屋租赁、家装改造及居住相关金融咨询服务，可满足消费者全周期居住需求。
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。
BEKE vs R — 直观对比
营收规模更大
BEKE
是对方的1.0倍
$3.1B
净利率更高
BEKE
高出0.3%
3.0%
两年增速更快
BEKE
近两年复合增速
-0.9%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $3.1B |
| 净利润 | $104.9M | $93.0M |
| 毛利率 | 21.4% | — |
| 营业利润率 | 2.6% | — |
| 净利率 | 3.2% | 3.0% |
| 营收同比 | — | 1.0% |
| 净利润同比 | — | -5.1% |
| 每股收益（稀释后） | — | $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BEKER
| Q1 26 | — | $3.1B | ||
| Q4 25 | $3.2B | $3.2B | ||
| Q3 25 | $3.6B | $3.2B | ||
| Q2 25 | — | $3.2B | ||
| Q1 25 | $3.2B | $3.1B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $3.2B | $3.2B | ||
| Q2 24 | $3.2B | $3.2B |
净利润BEKER
| Q1 26 | — | $93.0M | ||
| Q4 25 | $104.9M | $132.0M | ||
| Q3 25 | $182.4M | $138.0M | ||
| Q2 25 | — | $131.0M | ||
| Q1 25 | $117.9M | $98.0M | ||
| Q4 24 | — | $135.0M | ||
| Q3 24 | $166.5M | $142.0M | ||
| Q2 24 | $261.5M | $127.0M |
毛利率BEKER
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | — | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 27.9% | — |
营业利润率BEKER
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 5.6% | ||
| Q3 25 | 4.1% | 6.0% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | 2.5% | 4.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 3.2% | 5.9% | ||
| Q2 24 | 8.6% | 5.6% |
净利率BEKER
| Q1 26 | — | 3.0% | ||
| Q4 25 | 3.2% | 4.2% | ||
| Q3 25 | 5.0% | 4.4% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | 3.7% | 3.1% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | 5.2% | 4.5% | ||
| Q2 24 | 8.1% | 4.0% |
每股收益（稀释后）BEKER
| Q1 26 | — | $2.34 | ||
| Q4 25 | — | $3.22 | ||
| Q3 25 | — | $3.32 | ||
| Q2 25 | — | $3.13 | ||
| Q1 25 | — | $2.27 | ||
| Q4 24 | — | $3.09 | ||
| Q3 24 | — | $3.24 | ||
| Q2 24 | — | $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 | $1.3B | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $2.9B |
| 总资产 | $16.8B | — |
| 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BEKER
| Q1 26 | — | $182.0M | ||
| Q4 25 | $1.3B | $198.0M | ||
| Q3 25 | $1.6B | $189.0M | ||
| Q2 25 | — | $180.0M | ||
| Q1 25 | $1.8B | $151.0M | ||
| Q4 24 | — | $154.0M | ||
| Q3 24 | $1.4B | $162.0M | ||
| Q2 24 | $1.3B | $164.0M |
总债务BEKER
| 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BEKER
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | $9.6B | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | $9.5B | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $10.1B | $3.1B | ||
| Q2 24 | $9.7B | $3.1B |
总资产BEKER
| Q1 26 | — | — | ||
| Q4 25 | $16.8B | $16.4B | ||
| Q3 25 | $17.3B | $16.5B | ||
| Q2 25 | — | $16.5B | ||
| Q1 25 | $18.0B | $16.4B | ||
| Q4 24 | — | $16.7B | ||
| Q3 24 | $17.5B | $16.5B | ||
| Q2 24 | $16.9B | $16.4B |
负债/权益比BEKER
| 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 | — | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | — | 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BEKER
| Q1 26 | — | $583.0M | ||
| Q4 25 | — | $749.0M | ||
| Q3 25 | — | $442.0M | ||
| Q2 25 | — | $752.0M | ||
| Q1 25 | $-546.4M | $651.0M | ||
| Q4 24 | — | $558.0M | ||
| Q3 24 | $64.0M | $629.0M | ||
| Q2 24 | — | $552.0M |
自由现金流BEKER
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率BEKER
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度BEKER
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率BEKER
| Q1 26 | — | 6.27× | ||
| Q4 25 | — | 5.67× | ||
| Q3 25 | — | 3.20× | ||
| Q2 25 | — | 5.74× | ||
| Q1 25 | -4.64× | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | 0.38× | 4.43× | ||
| Q2 24 | — | 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
BEKE
| New home transaction services | $932.6M | 29% |
| Existing home transaction services | $841.5M | 26% |
| Home rental services | $804.4M | 25% |
| Home renovation and furnishing | $604.0M | 19% |
| Emerging and other services | $55.6M | 2% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
