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开利（CARR）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
开利的季度营收约是RYDER SYSTEM INC的1.7倍（$5.3B vs $3.1B），开利净利率更高（5.0% vs 3.0%，领先2.0%），开利同比增速更快（2.4% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $-15.0M），过去两年RYDER SYSTEM INC的营收复合增速更高（-0.9% vs -10.6%）
开利全球是总部位于美国佛罗里达州棕榈滩花园的跨国企业，成立于1915年，主营暖通空调、制冷、消防及安防设备。公司最初以生产销售暖通空调系统起家，后续逐步拓展业务，覆盖商用制冷、餐饮服务设备及消防安防技术等领域。
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。
CARR vs R — 直观对比
营收规模更大
CARR
是对方的1.7倍
$3.1B
营收增速更快
CARR
高出1.4%
1.0%
净利率更高
CARR
高出2.0%
3.0%
自由现金流更多
R
多$288.0M
$-15.0M
两年增速更快
R
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.3B | $3.1B |
| 净利润 | $265.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 4.8% | — |
| 净利率 | 5.0% | 3.0% |
| 营收同比 | 2.4% | 1.0% |
| 净利润同比 | -39.4% | -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CARRR
| Q1 26 | $5.3B | $3.1B | ||
| Q4 25 | $4.8B | $3.2B | ||
| Q3 25 | $5.6B | $3.2B | ||
| Q2 25 | $6.1B | $3.2B | ||
| Q1 25 | $5.2B | $3.1B | ||
| Q4 24 | $3.6B | $3.2B | ||
| Q3 24 | $6.0B | $3.2B | ||
| Q2 24 | $6.7B | $3.2B |
净利润CARRR
| Q1 26 | $265.0M | $93.0M | ||
| Q4 25 | $53.0M | $132.0M | ||
| Q3 25 | $428.0M | $138.0M | ||
| Q2 25 | $591.0M | $131.0M | ||
| Q1 25 | $412.0M | $98.0M | ||
| Q4 24 | $2.6B | $135.0M | ||
| Q3 24 | $447.0M | $142.0M | ||
| Q2 24 | $2.3B | $127.0M |
营业利润率CARRR
| Q1 26 | 4.8% | — | ||
| Q4 25 | 2.1% | 5.6% | ||
| Q3 25 | 9.7% | 6.0% | ||
| Q2 25 | 14.8% | 5.8% | ||
| Q1 25 | 12.1% | 4.3% | ||
| Q4 24 | -63.6% | 5.7% | ||
| Q3 24 | 12.8% | 5.9% | ||
| Q2 24 | 55.2% | 5.6% |
净利率CARRR
| Q1 26 | 5.0% | 3.0% | ||
| Q4 25 | 1.1% | 4.2% | ||
| Q3 25 | 7.7% | 4.4% | ||
| Q2 25 | 9.7% | 4.1% | ||
| Q1 25 | 7.9% | 3.1% | ||
| Q4 24 | 70.3% | 4.2% | ||
| Q3 24 | 7.5% | 4.5% | ||
| Q2 24 | 34.9% | 4.0% |
每股收益（稀释后）CARRR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.07 | $3.22 | ||
| Q3 25 | $0.50 | $3.32 | ||
| Q2 25 | $0.68 | $3.13 | ||
| Q1 25 | $0.47 | $2.27 | ||
| Q4 24 | $2.82 | $3.09 | ||
| Q3 24 | $0.49 | $3.24 | ||
| Q2 24 | $2.55 | $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 | $1.4B | $182.0M |
| 总债务越低越好 | $10.4B | — |
| 股东权益账面价值 | $13.8B | $2.9B |
| 总资产 | $37.2B | — |
| 负债/权益比越低杠杆越低 | 0.76× | — |
8季度趋势，按日历期对齐
现金及短期投资CARRR
| Q1 26 | $1.4B | $182.0M | ||
| Q4 25 | $1.6B | $198.0M | ||
| Q3 25 | $1.4B | $189.0M | ||
| Q2 25 | $1.8B | $180.0M | ||
| Q1 25 | $1.7B | $151.0M | ||
| Q4 24 | $4.0B | $154.0M | ||
| Q3 24 | $2.2B | $162.0M | ||
| Q2 24 | $2.9B | $164.0M |
总债务CARRR
| Q1 26 | $10.4B | — | ||
| Q4 25 | $11.4B | $6.8B | ||
| Q3 25 | $11.3B | $7.3B | ||
| Q2 25 | $11.3B | $7.0B | ||
| Q1 25 | $11.1B | $6.7B | ||
| Q4 24 | $11.0B | $6.7B | ||
| Q3 24 | $10.3B | $6.6B | ||
| Q2 24 | $11.3B | $6.5B |
股东权益CARRR
| Q1 26 | $13.8B | $2.9B | ||
| Q4 25 | $14.1B | $3.1B | ||
| Q3 25 | $14.8B | $3.1B | ||
| Q2 25 | $15.0B | $3.1B | ||
| Q1 25 | $14.2B | $3.0B | ||
| Q4 24 | $14.4B | $3.1B | ||
| Q3 24 | $15.0B | $3.1B | ||
| Q2 24 | $14.1B | $3.1B |
总资产CARRR
| Q1 26 | $37.2B | — | ||
| Q4 25 | $37.2B | $16.4B | ||
| Q3 25 | $38.1B | $16.5B | ||
| Q2 25 | $38.5B | $16.5B | ||
| Q1 25 | $36.4B | $16.4B | ||
| Q4 24 | $37.4B | $16.7B | ||
| Q3 24 | $40.2B | $16.5B | ||
| Q2 24 | $40.4B | $16.4B |
负债/权益比CARRR
| Q1 26 | 0.76× | — | ||
| Q4 25 | 0.80× | 2.24× | ||
| Q3 25 | 0.76× | 2.35× | ||
| Q2 25 | 0.76× | 2.27× | ||
| Q1 25 | 0.78× | 2.21× | ||
| Q4 24 | 0.77× | 2.14× | ||
| Q3 24 | 0.69× | 2.17× | ||
| Q2 24 | 0.80× | 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 | $-15.0M | $273.0M |
| 自由现金流率自由现金流/营收 | -0.3% | 8.7% |
| 资本支出强度资本支出/营收 | 1.8% | 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 | $1.7B | $595.0M |
8季度趋势，按日历期对齐
经营现金流CARRR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $1.0B | $749.0M | ||
| Q3 25 | $341.0M | $442.0M | ||
| Q2 25 | $649.0M | $752.0M | ||
| Q1 25 | $483.0M | $651.0M | ||
| Q4 24 | $132.0M | $558.0M | ||
| Q3 24 | $-269.0M | $629.0M | ||
| Q2 24 | $660.0M | $552.0M |
自由现金流CARRR
| Q1 26 | $-15.0M | $273.0M | ||
| Q4 25 | $909.0M | $344.0M | ||
| Q3 25 | $224.0M | $-85.0M | ||
| Q2 25 | $568.0M | $63.0M | ||
| Q1 25 | $420.0M | $137.0M | ||
| Q4 24 | $-85.0M | $-201.0M | ||
| Q3 24 | $-356.0M | $30.0M | ||
| Q2 24 | $549.0M | $-87.0M |
自由现金流率CARRR
| Q1 26 | -0.3% | 8.7% | ||
| Q4 25 | 18.8% | 10.8% | ||
| Q3 25 | 4.0% | -2.7% | ||
| Q2 25 | 9.3% | 2.0% | ||
| Q1 25 | 8.0% | 4.4% | ||
| Q4 24 | -2.3% | -6.3% | ||
| Q3 24 | -5.9% | 0.9% | ||
| Q2 24 | 8.2% | -2.7% |
资本支出强度CARRR
| Q1 26 | 1.8% | 13.7% | ||
| Q4 25 | 2.7% | 12.8% | ||
| Q3 25 | 2.1% | 16.6% | ||
| Q2 25 | 1.3% | 21.6% | ||
| Q1 25 | 1.2% | 16.4% | ||
| Q4 24 | 6.0% | 23.8% | ||
| Q3 24 | 1.5% | 18.9% | ||
| Q2 24 | 1.7% | 20.1% |
现金转化率CARRR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 19.62× | 5.67× | ||
| Q3 25 | 0.80× | 3.20× | ||
| Q2 25 | 1.10× | 5.74× | ||
| Q1 25 | 1.17× | 6.64× | ||
| Q4 24 | 0.05× | 4.13× | ||
| Q3 24 | -0.60× | 4.43× | ||
| Q2 24 | 0.28× | 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
CARR
| Product sales | $4.7B | 87% |
| Service sales | $674.0M | 13% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
