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CrossAmerica Partners LP（CAPL）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CrossAmerica Partners LP的1.9倍（$1.7B vs $866.3M），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs 1.2%，领先2.5%），CrossAmerica Partners LP同比增速更快（-8.3% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $22.4M），过去两年CrossAmerica Partners LP的营收复合增速更高（-4.1% vs -6.8%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
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。
CAPL vs RUSHA — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $1.7B |
| 净利润 | $10.2M | $61.7M |
| 毛利率 | 12.4% | 20.4% |
| 营业利润率 | 3.0% | 4.9% |
| 净利率 | 1.2% | 3.7% |
| 营收同比 | -8.3% | -9.0% |
| 净利润同比 | -39.6% | 1.8% |
| 每股收益（稀释后） | $0.24 | $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
| Q1 26 | — | $1.7B | ||
| Q4 25 | $866.3M | $1.7B | ||
| Q3 25 | $971.8M | $1.8B | ||
| Q2 25 | $961.9M | $1.8B | ||
| Q1 25 | $862.5M | $1.8B | ||
| Q4 24 | $944.2M | $1.9B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.9B |
| Q1 26 | — | $61.7M | ||
| Q4 25 | $10.2M | $64.3M | ||
| Q3 25 | $13.6M | $66.7M | ||
| Q2 25 | $25.2M | $72.4M | ||
| Q1 25 | $-7.1M | $60.3M | ||
| Q4 24 | $16.9M | $74.8M | ||
| Q3 24 | $10.7M | $79.1M | ||
| Q2 24 | $12.4M | $78.7M |
| Q1 26 | — | 20.4% | ||
| Q4 25 | 12.4% | 20.8% | ||
| Q3 25 | 10.8% | 21.0% | ||
| Q2 25 | 10.5% | 20.7% | ||
| Q1 25 | 10.4% | 20.3% | ||
| Q4 24 | 10.7% | 19.3% | ||
| Q3 24 | 10.3% | 21.0% | ||
| Q2 24 | 9.2% | 20.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 3.0% | 5.5% | ||
| Q3 25 | 2.9% | 5.6% | ||
| Q2 25 | 4.3% | 6.0% | ||
| Q1 25 | 0.2% | 5.2% | ||
| Q4 24 | 3.0% | 5.8% | ||
| Q3 24 | 2.5% | 6.7% | ||
| Q2 24 | 2.5% | 6.4% |
| Q1 26 | — | 3.7% | ||
| Q4 25 | 1.2% | 3.8% | ||
| Q3 25 | 1.4% | 3.7% | ||
| Q2 25 | 2.6% | 3.9% | ||
| Q1 25 | -0.8% | 3.4% | ||
| Q4 24 | 1.8% | 3.9% | ||
| Q3 24 | 1.0% | 4.4% | ||
| Q2 24 | 1.1% | 4.1% |
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.24 | $0.81 | ||
| Q3 25 | $0.34 | $0.83 | ||
| Q2 25 | $0.64 | $0.90 | ||
| Q1 25 | $-0.20 | $0.73 | ||
| Q4 24 | $0.42 | $-95.13 | ||
| Q3 24 | $0.27 | $0.97 | ||
| Q2 24 | $0.31 | $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 | $3.1M | — |
| 总债务越低越好 | $687.2M | $277.8M |
| 股东权益账面价值 | — | $2.3B |
| 总资产 | $964.7M | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $3.1M | $212.6M | ||
| Q3 25 | $5.8M | $242.0M | ||
| Q2 25 | $9.7M | $211.1M | ||
| Q1 25 | $6.7M | $228.7M | ||
| Q4 24 | $3.4M | $228.1M | ||
| Q3 24 | $7.8M | $185.1M | ||
| Q2 24 | $5.5M | $167.3M |
| Q1 26 | — | $277.8M | ||
| Q4 25 | $687.2M | $274.8M | ||
| Q3 25 | $700.8M | — | ||
| Q2 25 | $722.7M | — | ||
| Q1 25 | $774.1M | — | ||
| Q4 24 | $763.9M | $408.4M | ||
| Q3 24 | $769.2M | — | ||
| Q2 24 | $786.7M | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $4.5B | ||
| Q4 25 | $964.7M | $4.4B | ||
| Q3 25 | $998.9M | $4.6B | ||
| Q2 25 | $1.0B | $4.7B | ||
| Q1 25 | $1.1B | $4.7B | ||
| Q4 24 | $1.1B | $4.6B | ||
| Q3 24 | $1.1B | $4.6B | ||
| Q2 24 | $1.2B | $4.5B |
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $29.4M | — |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $411.6M |
| 自由现金流率自由现金流/营收 | 2.6% | 24.4% |
| 资本支出强度资本支出/营收 | 0.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $828.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $112.9M | ||
| Q3 25 | $24.4M | $367.8M | ||
| Q2 25 | $22.6M | $227.6M | ||
| Q1 25 | $15.0M | $153.5M | ||
| Q4 24 | $11.1M | $392.3M | ||
| Q3 24 | $41.9M | $111.7M | ||
| Q2 24 | $28.9M | $270.6M |
| Q1 26 | — | $411.6M | ||
| Q4 25 | $22.4M | $31.9M | ||
| Q3 25 | $17.7M | $271.2M | ||
| Q2 25 | $10.8M | $113.8M | ||
| Q1 25 | $4.9M | $45.1M | ||
| Q4 24 | $3.9M | $263.5M | ||
| Q3 24 | $34.2M | $-20.0M | ||
| Q2 24 | $23.6M | $177.2M |
| Q1 26 | — | 24.4% | ||
| Q4 25 | 2.6% | 1.9% | ||
| Q3 25 | 1.8% | 15.2% | ||
| Q2 25 | 1.1% | 6.2% | ||
| Q1 25 | 0.6% | 2.6% | ||
| Q4 24 | 0.4% | 13.7% | ||
| Q3 24 | 3.2% | -1.1% | ||
| Q2 24 | 2.1% | 9.1% |
| Q1 26 | — | 2.0% | ||
| Q4 25 | 0.8% | 4.8% | ||
| Q3 25 | 0.7% | 5.4% | ||
| Q2 25 | 1.2% | 6.2% | ||
| Q1 25 | 1.2% | 6.2% | ||
| Q4 24 | 0.8% | 6.7% | ||
| Q3 24 | 0.7% | 7.3% | ||
| Q2 24 | 0.5% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 2.89× | 1.75× | ||
| Q3 25 | 1.79× | 5.51× | ||
| Q2 25 | 0.90× | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | 0.66× | 5.25× | ||
| Q3 24 | 3.92× | 1.41× | ||
| Q2 24 | 2.33× | 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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
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% |
