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BlueLinx Holdings Inc.（BXC）与CarMax（KMX）财务数据对比。点击上方公司名可切换其他公司
CarMax的季度营收约是BlueLinx Holdings Inc.的7.7倍（$5.8B vs $748.9M），CarMax净利率更高（1.1% vs 0.2%，领先0.9%），BlueLinx Holdings Inc.同比增速更快（0.2% vs -6.9%），CarMax自由现金流更多（$1.1B vs $52.7M），过去两年BlueLinx Holdings Inc.的营收复合增速更高（2.5% vs 1.5%）
BlueLinx Holdings Inc.是美国经营建材与工业产品的批发分销商，总部位于佐治亚州亚特兰大，目前由Shyam Reddy担任公司总裁兼首席执行官，在美国本土相关分销领域开展业务
CarMax是美国知名二手车零售企业，下设两大业务板块：零售运营业务与汽车金融服务。该品牌最初是电路城公司的副业项目，1993年9月在弗吉尼亚州里士满开设首家门店，截至2025年1月在全美共运营253家线下门店。
BXC vs KMX — 直观对比
营收规模更大
KMX
是对方的7.7倍
$748.9M
营收增速更快
BXC
高出7.1%
-6.9%
净利率更高
KMX
高出0.9%
0.2%
自由现金流更多
KMX
多$1.1B
$52.7M
两年增速更快
BXC
近两年复合增速
1.5%
损益表 — Q3 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $748.9M | $5.8B |
| 净利润 | $1.7M | $62.2M |
| 毛利率 | 14.4% | 10.2% |
| 营业利润率 | 1.3% | — |
| 净利率 | 0.2% | 1.1% |
| 营收同比 | 0.2% | -6.9% |
| 净利润同比 | -89.7% | -50.4% |
| 每股收益（稀释后） | $0.20 | $0.43 |
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BXCKMX
| Q4 25 | — | $5.8B | ||
| Q3 25 | $748.9M | $6.6B | ||
| Q2 25 | $780.1M | $7.5B | ||
| Q1 25 | $709.2M | $6.0B | ||
| Q4 24 | $710.6M | $6.2B | ||
| Q3 24 | $747.3M | $7.0B | ||
| Q2 24 | $768.4M | $7.1B | ||
| Q1 24 | $726.2M | $5.6B |
净利润BXCKMX
| Q4 25 | — | $62.2M | ||
| Q3 25 | $1.7M | $95.4M | ||
| Q2 25 | $4.3M | $210.4M | ||
| Q1 25 | $2.8M | $89.9M | ||
| Q4 24 | — | $125.4M | ||
| Q3 24 | $16.0M | $132.8M | ||
| Q2 24 | $14.3M | $152.4M | ||
| Q1 24 | $17.5M | $50.3M |
毛利率BXCKMX
| Q4 25 | — | 10.2% | ||
| Q3 25 | 14.4% | 10.9% | ||
| Q2 25 | 15.3% | 11.8% | ||
| Q1 25 | 15.7% | 11.1% | ||
| Q4 24 | 15.9% | 10.9% | ||
| Q3 24 | 16.8% | 10.8% | ||
| Q2 24 | 15.9% | 11.1% | ||
| Q1 24 | 17.6% | 10.4% |
营业利润率BXCKMX
| Q4 25 | — | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.5% | 2.0% | ||
| Q4 24 | 1.7% | 2.7% | ||
| Q3 24 | 3.2% | 2.5% | ||
| Q2 24 | 3.1% | 2.9% | ||
| Q1 24 | 3.8% | 1.2% |
净利率BXCKMX
| Q4 25 | — | 1.1% | ||
| Q3 25 | 0.2% | 1.4% | ||
| Q2 25 | 0.6% | 2.8% | ||
| Q1 25 | 0.4% | 1.5% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | 2.1% | 1.9% | ||
| Q2 24 | 1.9% | 2.1% | ||
| Q1 24 | 2.4% | 0.9% |
每股收益（稀释后）BXCKMX
| Q4 25 | — | $0.43 | ||
| Q3 25 | $0.20 | $0.64 | ||
| Q2 25 | $0.54 | $1.38 | ||
| Q1 25 | $0.33 | $0.58 | ||
| Q4 24 | $0.67 | $0.81 | ||
| Q3 24 | $1.87 | $0.85 | ||
| Q2 24 | $1.65 | $0.97 | ||
| Q1 24 | $2.00 | $0.31 |
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 | $429.4M | $204.9M |
| 总债务越低越好 | $598.5M | $16.6B |
| 股东权益账面价值 | $623.0M | $6.1B |
| 总资产 | $1.6B | $25.6B |
| 负债/权益比越低杠杆越低 | 0.96× | 2.74× |
8季度趋势，按日历期对齐
现金及短期投资BXCKMX
| Q4 25 | — | $204.9M | ||
| Q3 25 | $429.4M | $540.4M | ||
| Q2 25 | $386.8M | $262.8M | ||
| Q1 25 | $449.0M | $247.0M | ||
| Q4 24 | $505.6M | $271.9M | ||
| Q3 24 | $526.3M | $524.7M | ||
| Q2 24 | $491.4M | $218.9M | ||
| Q1 24 | $481.3M | $574.1M |
总债务BXCKMX
| Q4 25 | — | $16.6B | ||
| Q3 25 | $598.5M | $17.8B | ||
| Q2 25 | $596.4M | $18.0B | ||
| Q1 25 | $596.6M | $18.1B | ||
| Q4 24 | $575.1M | $18.1B | ||
| Q3 24 | $576.0M | $18.1B | ||
| Q2 24 | $574.6M | $18.2B | ||
| Q1 24 | $574.0M | $18.0B |
股东权益BXCKMX
| Q4 25 | — | $6.1B | ||
| Q3 25 | $623.0M | $6.2B | ||
| Q2 25 | $621.3M | $6.3B | ||
| Q1 25 | $636.1M | $6.2B | ||
| Q4 24 | $646.4M | $6.2B | ||
| Q3 24 | $655.6M | $6.2B | ||
| Q2 24 | $652.3M | $6.2B | ||
| Q1 24 | $653.2M | $6.1B |
总资产BXCKMX
| Q4 25 | — | $25.6B | ||
| Q3 25 | $1.6B | $27.1B | ||
| Q2 25 | $1.6B | $27.4B | ||
| Q1 25 | $1.6B | $27.4B | ||
| Q4 24 | $1.6B | $27.3B | ||
| Q3 24 | $1.6B | $27.3B | ||
| Q2 24 | $1.6B | $27.2B | ||
| Q1 24 | $1.6B | $27.2B |
负债/权益比BXCKMX
| Q4 25 | — | 2.74× | ||
| Q3 25 | 0.96× | 2.87× | ||
| Q2 25 | 0.96× | 2.86× | ||
| Q1 25 | 0.94× | 2.91× | ||
| Q4 24 | 0.89× | 2.92× | ||
| Q3 24 | 0.88× | 2.93× | ||
| Q2 24 | 0.88× | 2.95× | ||
| Q1 24 | 0.88× | 2.96× |
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 | $58.6M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $52.7M | $1.1B |
| 自由现金流率自由现金流/营收 | 7.0% | 19.2% |
| 资本支出强度资本支出/营收 | 0.8% | 2.4% |
| 现金转化率经营现金流/净利润 | 35.42× | 20.14× |
| 过去12个月自由现金流最近4个季度 | $-25.1M | $1.9B |
8季度趋势，按日历期对齐
经营现金流BXCKMX
| Q4 25 | — | $1.3B | ||
| Q3 25 | $58.6M | $785.5M | ||
| Q2 25 | $-26.8M | $299.5M | ||
| Q1 25 | $-33.9M | $146.4M | ||
| Q4 24 | $18.7M | $-23.4M | ||
| Q3 24 | $61.8M | $619.1M | ||
| Q2 24 | $35.8M | $-117.7M | ||
| Q1 24 | $-31.1M | $309.6M |
自由现金流BXCKMX
| Q4 25 | — | $1.1B | ||
| Q3 25 | $52.7M | $654.0M | ||
| Q2 25 | $-36.4M | $162.8M | ||
| Q1 25 | $-39.8M | $18.8M | ||
| Q4 24 | $-1.5M | $-150.6M | ||
| Q3 24 | $53.8M | $509.9M | ||
| Q2 24 | $29.3M | $-221.6M | ||
| Q1 24 | $-36.6M | $199.8M |
自由现金流率BXCKMX
| Q4 25 | — | 19.2% | ||
| Q3 25 | 7.0% | 9.9% | ||
| Q2 25 | -4.7% | 2.2% | ||
| Q1 25 | -5.6% | 0.3% | ||
| Q4 24 | -0.2% | -2.4% | ||
| Q3 24 | 7.2% | 7.3% | ||
| Q2 24 | 3.8% | -3.1% | ||
| Q1 24 | -5.0% | 3.6% |
资本支出强度BXCKMX
| Q4 25 | — | 2.4% | ||
| Q3 25 | 0.8% | 2.0% | ||
| Q2 25 | 1.2% | 1.8% | ||
| Q1 25 | 0.8% | 2.1% | ||
| Q4 24 | 2.9% | 2.0% | ||
| Q3 24 | 1.1% | 1.6% | ||
| Q2 24 | 0.8% | 1.5% | ||
| Q1 24 | 0.8% | 2.0% |
现金转化率BXCKMX
| Q4 25 | — | 20.14× | ||
| Q3 25 | 35.42× | 8.24× | ||
| Q2 25 | -6.21× | 1.42× | ||
| Q1 25 | -12.09× | 1.63× | ||
| Q4 24 | — | -0.19× | ||
| Q3 24 | 3.86× | 4.66× | ||
| Q2 24 | 2.50× | -0.77× | ||
| Q1 24 | -1.78× | 6.16× |
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
BXC
| Specialty Products | $525.5M | 70% |
| Structural Products | $223.4M | 30% |
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
