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百富门（BF.B）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\的季度营收约是百富门的1.6倍（$1.7B vs $1.0B），百富门净利率更高（21.6% vs 3.7%，领先18.0%），百富门同比增速更快（-5.4% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $107.0M），过去两年百富门的营收复合增速更高（-1.6% vs -6.8%）
百富门（Brown-Forman）是美国家族控股上市企业，属全球规模最大的葡萄酒及烈酒经营集团之一，总部位于肯塔基州路易斯维尔。旗下拥有杰克丹尼、伍德福德珍藏、格兰多纳等多个国际知名酒类品牌，曾持有的南方安逸等品牌已于2016年出售。
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。
BF.B vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.6倍
$1.0B
营收增速更快
BF.B
高出3.6%
-9.0%
净利率更高
BF.B
高出18.0%
3.7%
自由现金流更多
RUSHA
多$304.6M
$107.0M
两年增速更快
BF.B
近两年复合增速
-6.8%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.7B |
| 净利润 | $224.0M | $61.7M |
| 毛利率 | 59.4% | 20.4% |
| 营业利润率 | 29.4% | 4.9% |
| 净利率 | 21.6% | 3.7% |
| 营收同比 | -5.4% | -9.0% |
| 净利润同比 | -13.2% | 1.8% |
| 每股收益（稀释后） | $0.47 | $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BF.BRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $924.0M | $1.8B | ||
| Q2 25 | $894.0M | $1.8B | ||
| Q1 25 | $1.0B | $1.8B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $951.0M | $1.8B | ||
| Q2 24 | $964.0M | $1.9B |
净利润BF.BRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $224.0M | $64.3M | ||
| Q3 25 | $170.0M | $66.7M | ||
| Q2 25 | $146.0M | $72.4M | ||
| Q1 25 | $270.0M | $60.3M | ||
| Q4 24 | $258.0M | $74.8M | ||
| Q3 24 | $195.0M | $79.1M | ||
| Q2 24 | $266.0M | $78.7M |
毛利率BF.BRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 59.4% | 20.8% | ||
| Q3 25 | 59.7% | 21.0% | ||
| Q2 25 | 57.4% | 20.7% | ||
| Q1 25 | 59.8% | 20.3% | ||
| Q4 24 | 59.0% | 19.3% | ||
| Q3 24 | 59.4% | 21.0% | ||
| Q2 24 | 59.0% | 20.2% |
营业利润率BF.BRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 29.4% | 5.5% | ||
| Q3 25 | 28.1% | 5.6% | ||
| Q2 25 | 22.9% | 6.0% | ||
| Q1 25 | 27.1% | 5.2% | ||
| Q4 24 | 31.1% | 5.8% | ||
| Q3 24 | 29.5% | 6.7% | ||
| Q2 24 | 38.9% | 6.4% |
净利率BF.BRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 21.6% | 3.8% | ||
| Q3 25 | 18.4% | 3.7% | ||
| Q2 25 | 16.3% | 3.9% | ||
| Q1 25 | 26.1% | 3.4% | ||
| Q4 24 | 23.6% | 3.9% | ||
| Q3 24 | 20.5% | 4.4% | ||
| Q2 24 | 27.6% | 4.1% |
每股收益（稀释后）BF.BRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.47 | $0.81 | ||
| Q3 25 | $0.36 | $0.83 | ||
| Q2 25 | $0.31 | $0.90 | ||
| Q1 25 | $0.57 | $0.73 | ||
| Q4 24 | $0.55 | $-95.13 | ||
| Q3 24 | $0.41 | $0.97 | ||
| Q2 24 | $0.56 | $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 | $319.0M | — |
| 总债务越低越好 | $2.4B | $277.8M |
| 股东权益账面价值 | $4.1B | $2.3B |
| 总资产 | $8.2B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资BF.BRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $319.0M | $212.6M | ||
| Q3 25 | $471.0M | $242.0M | ||
| Q2 25 | $444.0M | $211.1M | ||
| Q1 25 | $599.0M | $228.7M | ||
| Q4 24 | $416.0M | $228.1M | ||
| Q3 24 | $416.0M | $185.1M | ||
| Q2 24 | $446.0M | $167.3M |
总债务BF.BRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $2.4B | $274.8M | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | $408.4M | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.7B | — |
股东权益BF.BRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $4.1B | $2.2B | ||
| Q3 25 | $4.0B | $2.2B | ||
| Q2 25 | $4.0B | $2.2B | ||
| Q1 25 | $3.8B | $2.2B | ||
| Q4 24 | $3.7B | $2.1B | ||
| Q3 24 | $3.5B | $2.1B | ||
| Q2 24 | $3.5B | $2.0B |
总资产BF.BRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $8.2B | $4.4B | ||
| Q3 25 | $8.2B | $4.6B | ||
| Q2 25 | $8.1B | $4.7B | ||
| Q1 25 | $8.1B | $4.7B | ||
| Q4 24 | $8.3B | $4.6B | ||
| Q3 24 | $8.2B | $4.6B | ||
| Q2 24 | $8.2B | $4.5B |
负债/权益比BF.BRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.59× | 0.12× | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.73× | 0.19× | ||
| Q3 24 | 0.77× | — | ||
| Q2 24 | 0.76× | — |
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 | $132.0M | — |
| 自由现金流经营现金流 - 资本支出 | $107.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 10.3% | 24.4% |
| 资本支出强度资本支出/营收 | 2.4% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.59× | — |
| 过去12个月自由现金流最近4个季度 | $610.0M | $828.4M |
8季度趋势，按日历期对齐
经营现金流BF.BRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $132.0M | $112.9M | ||
| Q3 25 | $160.0M | $367.8M | ||
| Q2 25 | $152.0M | $227.6M | ||
| Q1 25 | $317.0M | $153.5M | ||
| Q4 24 | $112.0M | $392.3M | ||
| Q3 24 | $17.0M | $111.7M | ||
| Q2 24 | $285.0M | $270.6M |
自由现金流BF.BRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $107.0M | $31.9M | ||
| Q3 25 | $129.0M | $271.2M | ||
| Q2 25 | $102.0M | $113.8M | ||
| Q1 25 | $272.0M | $45.1M | ||
| Q4 24 | $81.0M | $263.5M | ||
| Q3 24 | $-24.0M | $-20.0M | ||
| Q2 24 | $205.0M | $177.2M |
自由现金流率BF.BRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 10.3% | 1.9% | ||
| Q3 25 | 14.0% | 15.2% | ||
| Q2 25 | 11.4% | 6.2% | ||
| Q1 25 | 26.3% | 2.6% | ||
| Q4 24 | 7.4% | 13.7% | ||
| Q3 24 | -2.5% | -1.1% | ||
| Q2 24 | 21.3% | 9.1% |
资本支出强度BF.BRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 2.4% | 4.8% | ||
| Q3 25 | 3.4% | 5.4% | ||
| Q2 25 | 5.6% | 6.2% | ||
| Q1 25 | 4.3% | 6.2% | ||
| Q4 24 | 2.8% | 6.7% | ||
| Q3 24 | 4.3% | 7.3% | ||
| Q2 24 | 8.3% | 4.8% |
现金转化率BF.BRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 1.75× | ||
| Q3 25 | 0.94× | 5.51× | ||
| Q2 25 | 1.04× | 3.14× | ||
| Q1 25 | 1.17× | 2.55× | ||
| Q4 24 | 0.43× | 5.25× | ||
| Q3 24 | 0.09× | 1.41× | ||
| Q2 24 | 1.07× | 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
BF.B
| Whiskey | $771.0M | 74% |
| Ready To Drink | $138.0M | 13% |
| Tequila | $67.0M | 6% |
| Restofportfolio | $52.0M | 5% |
| Nonbrandedandbulk | $8.0M | 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% |
