vs
BlueLinx Holdings Inc.（BXC）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是BlueLinx Holdings Inc.的2.0倍（$1.5B vs $748.9M），BlueLinx Holdings Inc.净利率更高（0.2% vs -3.1%，领先3.4%），BlueLinx Holdings Inc.同比增速更快（0.2% vs -11.9%），BlueLinx Holdings Inc.自由现金流更多（$52.7M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 2.5%）
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
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。
BXC vs RXO — 直观对比
营收规模更大
RXO
是对方的2.0倍
$748.9M
营收增速更快
BXC
高出12.1%
-11.9%
净利率更高
BXC
高出3.4%
-3.1%
自由现金流更多
BXC
多$61.7M
$-9.0M
两年增速更快
RXO
近两年复合增速
2.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $748.9M | $1.5B |
| 净利润 | $1.7M | $-46.0M |
| 毛利率 | 14.4% | — |
| 营业利润率 | 1.3% | -2.9% |
| 净利率 | 0.2% | -3.1% |
| 营收同比 | 0.2% | -11.9% |
| 净利润同比 | -89.7% | -84.0% |
| 每股收益（稀释后） | $0.20 | $-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BXCRXO
| Q4 25 | — | $1.5B | ||
| Q3 25 | $748.9M | $1.4B | ||
| Q2 25 | $780.1M | $1.4B | ||
| Q1 25 | $709.2M | $1.4B | ||
| Q4 24 | $710.6M | $1.7B | ||
| Q3 24 | $747.3M | $1.0B | ||
| Q2 24 | $768.4M | $930.0M | ||
| Q1 24 | $726.2M | $913.0M |
净利润BXCRXO
| Q4 25 | — | $-46.0M | ||
| Q3 25 | $1.7M | $-14.0M | ||
| Q2 25 | $4.3M | $-9.0M | ||
| Q1 25 | $2.8M | $-31.0M | ||
| Q4 24 | — | $-25.0M | ||
| Q3 24 | $16.0M | $-243.0M | ||
| Q2 24 | $14.3M | $-7.0M | ||
| Q1 24 | $17.5M | $-15.0M |
毛利率BXCRXO
| Q4 25 | — | — | ||
| Q3 25 | 14.4% | — | ||
| Q2 25 | 15.3% | — | ||
| Q1 25 | 15.7% | — | ||
| Q4 24 | 15.9% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | 15.9% | — | ||
| Q1 24 | 17.6% | — |
营业利润率BXCRXO
| Q4 25 | — | -2.9% | ||
| Q3 25 | 1.3% | -0.5% | ||
| Q2 25 | 1.9% | — | ||
| Q1 25 | 1.5% | -2.1% | ||
| Q4 24 | 1.7% | -1.4% | ||
| Q3 24 | 3.2% | -1.9% | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 3.8% | -1.3% |
净利率BXCRXO
| Q4 25 | — | -3.1% | ||
| Q3 25 | 0.2% | -1.0% | ||
| Q2 25 | 0.6% | -0.6% | ||
| Q1 25 | 0.4% | -2.2% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | 2.1% | -23.4% | ||
| Q2 24 | 1.9% | -0.8% | ||
| Q1 24 | 2.4% | -1.6% |
每股收益（稀释后）BXCRXO
| Q4 25 | — | $-0.28 | ||
| Q3 25 | $0.20 | $-0.08 | ||
| Q2 25 | $0.54 | $-0.05 | ||
| Q1 25 | $0.33 | $-0.18 | ||
| Q4 24 | $0.67 | $-0.17 | ||
| Q3 24 | $1.87 | $-1.81 | ||
| Q2 24 | $1.65 | $-0.06 | ||
| Q1 24 | $2.00 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $598.5M | $387.0M |
| 股东权益账面价值 | $623.0M | $1.5B |
| 总资产 | $1.6B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.96× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资BXCRXO
| Q4 25 | — | $17.0M | ||
| Q3 25 | $429.4M | $25.0M | ||
| Q2 25 | $386.8M | $18.0M | ||
| Q1 25 | $449.0M | $16.0M | ||
| Q4 24 | $505.6M | $35.0M | ||
| Q3 24 | $526.3M | $55.0M | ||
| Q2 24 | $491.4M | $7.0M | ||
| Q1 24 | $481.3M | $7.0M |
总债务BXCRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | $598.5M | $387.0M | ||
| Q2 25 | $596.4M | $387.0M | ||
| Q1 25 | $596.6M | $387.0M | ||
| Q4 24 | $575.1M | $351.0M | ||
| Q3 24 | $576.0M | $352.0M | ||
| Q2 24 | $574.6M | $370.0M | ||
| Q1 24 | $574.0M | $351.0M |
股东权益BXCRXO
| Q4 25 | — | $1.5B | ||
| Q3 25 | $623.0M | $1.6B | ||
| Q2 25 | $621.3M | $1.6B | ||
| Q1 25 | $636.1M | $1.6B | ||
| Q4 24 | $646.4M | $1.6B | ||
| Q3 24 | $655.6M | $1.7B | ||
| Q2 24 | $652.3M | $579.0M | ||
| Q1 24 | $653.2M | $582.0M |
总资产BXCRXO
| Q4 25 | — | $3.3B | ||
| Q3 25 | $1.6B | $3.2B | ||
| Q2 25 | $1.6B | $3.2B | ||
| Q1 25 | $1.6B | $3.3B | ||
| Q4 24 | $1.6B | $3.4B | ||
| Q3 24 | $1.6B | $3.4B | ||
| Q2 24 | $1.6B | $1.8B | ||
| Q1 24 | $1.6B | $1.8B |
负债/权益比BXCRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | 0.96× | 0.24× | ||
| Q2 25 | 0.96× | 0.24× | ||
| Q1 25 | 0.94× | 0.24× | ||
| Q4 24 | 0.89× | 0.22× | ||
| Q3 24 | 0.88× | 0.21× | ||
| Q2 24 | 0.88× | 0.64× | ||
| Q1 24 | 0.88× | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $52.7M | $-9.0M |
| 自由现金流率自由现金流/营收 | 7.0% | -0.6% |
| 资本支出强度资本支出/营收 | 0.8% | 1.1% |
| 现金转化率经营现金流/净利润 | 35.42× | — |
| 过去12个月自由现金流最近4个季度 | $-25.1M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流BXCRXO
| Q4 25 | — | $7.0M | ||
| Q3 25 | $58.6M | $23.0M | ||
| Q2 25 | $-26.8M | $23.0M | ||
| Q1 25 | $-33.9M | $-2.0M | ||
| Q4 24 | $18.7M | $-7.0M | ||
| Q3 24 | $61.8M | $-7.0M | ||
| Q2 24 | $35.8M | $-5.0M | ||
| Q1 24 | $-31.1M | $7.0M |
自由现金流BXCRXO
| Q4 25 | — | $-9.0M | ||
| Q3 25 | $52.7M | $9.0M | ||
| Q2 25 | $-36.4M | $9.0M | ||
| Q1 25 | $-39.8M | $-17.0M | ||
| Q4 24 | $-1.5M | $-19.0M | ||
| Q3 24 | $53.8M | $-18.0M | ||
| Q2 24 | $29.3M | $-16.0M | ||
| Q1 24 | $-36.6M | $-4.0M |
自由现金流率BXCRXO
| Q4 25 | — | -0.6% | ||
| Q3 25 | 7.0% | 0.6% | ||
| Q2 25 | -4.7% | 0.6% | ||
| Q1 25 | -5.6% | -1.2% | ||
| Q4 24 | -0.2% | -1.1% | ||
| Q3 24 | 7.2% | -1.7% | ||
| Q2 24 | 3.8% | -1.7% | ||
| Q1 24 | -5.0% | -0.4% |
资本支出强度BXCRXO
| Q4 25 | — | 1.1% | ||
| Q3 25 | 0.8% | 1.0% | ||
| Q2 25 | 1.2% | 1.0% | ||
| Q1 25 | 0.8% | 1.0% | ||
| Q4 24 | 2.9% | 0.7% | ||
| Q3 24 | 1.1% | 1.1% | ||
| Q2 24 | 0.8% | 1.2% | ||
| Q1 24 | 0.8% | 1.2% |
现金转化率BXCRXO
| Q4 25 | — | — | ||
| Q3 25 | 35.42× | — | ||
| Q2 25 | -6.21× | — | ||
| Q1 25 | -12.09× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.86× | — | ||
| Q2 24 | 2.50× | — | ||
| Q1 24 | -1.78× | — |
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% |
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% |
