vs
康明斯（CMI）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
RYDER SYSTEM INC的季度营收约是康明斯的1.5倍（$13.1B vs $8.5B），康明斯净利率更高（7.3% vs 0.7%，领先6.6%），康明斯同比增速更快（1.1% vs 1.0%），康明斯自由现金流更多（$990.0M vs $273.0M），过去两年RYDER SYSTEM INC的营收复合增速更高（102.9% vs 0.8%）
康明斯是总部位于美国的跨国企业，专注于设计、制造及销售柴油发动机、电动汽车零部件、发电产品，同时提供发动机及相关配套设备的维保服务，业务覆盖燃油系统、空气处理系统、过滤设备、排放控制、发电系统及发动机控制单元等多个领域。
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。
CMI vs R — 直观对比
营收规模更大
R
是对方的1.5倍
$8.5B
营收增速更快
CMI
高出0.1%
1.0%
净利率更高
CMI
高出6.6%
0.7%
自由现金流更多
CMI
多$717.0M
$273.0M
两年增速更快
R
近两年复合增速
0.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.5B | $13.1B |
| 净利润 | $620.0M | $93.0M |
| 毛利率 | 22.9% | — |
| 营业利润率 | 9.5% | — |
| 净利率 | 7.3% | 0.7% |
| 营收同比 | 1.1% | 1.0% |
| 净利润同比 | 39.3% | -5.1% |
| 每股收益（稀释后） | $4.25 | $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CMIR
| Q1 26 | — | $13.1B | ||
| Q4 25 | $8.5B | $3.2B | ||
| Q3 25 | $8.3B | $3.2B | ||
| Q2 25 | $8.6B | $3.2B | ||
| Q1 25 | $8.2B | $3.1B | ||
| Q4 24 | $8.4B | $3.2B | ||
| Q3 24 | $8.5B | $3.2B | ||
| Q2 24 | $8.8B | $3.2B |
净利润CMIR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $620.0M | $132.0M | ||
| Q3 25 | $559.0M | $138.0M | ||
| Q2 25 | $928.0M | $131.0M | ||
| Q1 25 | $850.0M | $98.0M | ||
| Q4 24 | $445.0M | $135.0M | ||
| Q3 24 | $843.0M | $142.0M | ||
| Q2 24 | $752.0M | $127.0M |
毛利率CMIR
| Q1 26 | — | — | ||
| Q4 25 | 22.9% | — | ||
| Q3 25 | 25.6% | — | ||
| Q2 25 | 26.4% | — | ||
| Q1 25 | 26.4% | — | ||
| Q4 24 | 24.1% | — | ||
| Q3 24 | 25.7% | — | ||
| Q2 24 | 24.9% | — |
营业利润率CMIR
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | 5.6% | ||
| Q3 25 | 10.2% | 6.0% | ||
| Q2 25 | 14.2% | 5.8% | ||
| Q1 25 | 13.9% | 4.3% | ||
| Q4 24 | 8.7% | 5.7% | ||
| Q3 24 | 12.4% | 5.9% | ||
| Q2 24 | 11.9% | 5.6% |
净利率CMIR
| Q1 26 | — | 0.7% | ||
| Q4 25 | 7.3% | 4.2% | ||
| Q3 25 | 6.7% | 4.4% | ||
| Q2 25 | 10.7% | 4.1% | ||
| Q1 25 | 10.4% | 3.1% | ||
| Q4 24 | 5.3% | 4.2% | ||
| Q3 24 | 10.0% | 4.5% | ||
| Q2 24 | 8.5% | 4.0% |
每股收益（稀释后）CMIR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $4.25 | $3.22 | ||
| Q3 25 | $3.86 | $3.32 | ||
| Q2 25 | $6.43 | $3.13 | ||
| Q1 25 | $5.96 | $2.27 | ||
| Q4 24 | $3.22 | $3.09 | ||
| Q3 24 | $5.86 | $3.24 | ||
| Q2 24 | $5.26 | $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 | $4.4B | $182.0M |
| 总债务越低越好 | $6.8B | — |
| 股东权益账面价值 | $12.3B | $2.9B |
| 总资产 | $34.0B | — |
| 负债/权益比越低杠杆越低 | 0.55× | — |
8季度趋势，按日历期对齐
现金及短期投资CMIR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $4.4B | $198.0M | ||
| Q3 25 | $3.2B | $189.0M | ||
| Q2 25 | $3.1B | $180.0M | ||
| Q1 25 | $2.2B | $151.0M | ||
| Q4 24 | $2.3B | $154.0M | ||
| Q3 24 | $2.3B | $162.0M | ||
| Q2 24 | $2.2B | $164.0M |
总债务CMIR
| Q1 26 | — | — | ||
| Q4 25 | $6.8B | $6.8B | ||
| Q3 25 | $6.8B | $7.3B | ||
| Q2 25 | $6.8B | $7.0B | ||
| Q1 25 | $4.8B | $6.7B | ||
| Q4 24 | $4.8B | $6.7B | ||
| Q3 24 | $4.9B | $6.6B | ||
| Q2 24 | $5.4B | $6.5B |
股东权益CMIR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $12.3B | $3.1B | ||
| Q3 25 | $12.1B | $3.1B | ||
| Q2 25 | $11.8B | $3.1B | ||
| Q1 25 | $10.9B | $3.0B | ||
| Q4 24 | $10.3B | $3.1B | ||
| Q3 24 | $10.3B | $3.1B | ||
| Q2 24 | $9.6B | $3.1B |
总资产CMIR
| Q1 26 | — | — | ||
| Q4 25 | $34.0B | $16.4B | ||
| Q3 25 | $33.6B | $16.5B | ||
| Q2 25 | $34.3B | $16.5B | ||
| Q1 25 | $32.5B | $16.4B | ||
| Q4 24 | $31.5B | $16.7B | ||
| Q3 24 | $32.1B | $16.5B | ||
| Q2 24 | $31.3B | $16.4B |
负债/权益比CMIR
| Q1 26 | — | — | ||
| Q4 25 | 0.55× | 2.24× | ||
| Q3 25 | 0.57× | 2.35× | ||
| Q2 25 | 0.58× | 2.27× | ||
| Q1 25 | 0.44× | 2.21× | ||
| Q4 24 | 0.47× | 2.14× | ||
| Q3 24 | 0.47× | 2.17× | ||
| Q2 24 | 0.57× | 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 | $1.5B | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $990.0M | $273.0M |
| 自由现金流率自由现金流/营收 | 11.6% | 2.1% |
| 资本支出强度资本支出/营收 | 6.4% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.47× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $2.4B | $595.0M |
8季度趋势，按日历期对齐
经营现金流CMIR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $1.5B | $749.0M | ||
| Q3 25 | $1.3B | $442.0M | ||
| Q2 25 | $785.0M | $752.0M | ||
| Q1 25 | $-3.0M | $651.0M | ||
| Q4 24 | $1.4B | $558.0M | ||
| Q3 24 | $640.0M | $629.0M | ||
| Q2 24 | $-851.0M | $552.0M |
自由现金流CMIR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $990.0M | $344.0M | ||
| Q3 25 | $1.0B | $-85.0M | ||
| Q2 25 | $554.0M | $63.0M | ||
| Q1 25 | $-165.0M | $137.0M | ||
| Q4 24 | $882.0M | $-201.0M | ||
| Q3 24 | $381.0M | $30.0M | ||
| Q2 24 | $-1.1B | $-87.0M |
自由现金流率CMIR
| Q1 26 | — | 2.1% | ||
| Q4 25 | 11.6% | 10.8% | ||
| Q3 25 | 12.1% | -2.7% | ||
| Q2 25 | 6.4% | 2.0% | ||
| Q1 25 | -2.0% | 4.4% | ||
| Q4 24 | 10.4% | -6.3% | ||
| Q3 24 | 4.5% | 0.9% | ||
| Q2 24 | -12.4% | -2.7% |
资本支出强度CMIR
| Q1 26 | — | 3.3% | ||
| Q4 25 | 6.4% | 12.8% | ||
| Q3 25 | 3.6% | 16.6% | ||
| Q2 25 | 2.7% | 21.6% | ||
| Q1 25 | 2.0% | 16.4% | ||
| Q4 24 | 6.4% | 23.8% | ||
| Q3 24 | 3.1% | 18.9% | ||
| Q2 24 | 2.7% | 20.1% |
现金转化率CMIR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 2.47× | 5.67× | ||
| Q3 25 | 2.33× | 3.20× | ||
| Q2 25 | 0.85× | 5.74× | ||
| Q1 25 | -0.00× | 6.64× | ||
| Q4 24 | 3.20× | 4.13× | ||
| Q3 24 | 0.76× | 4.43× | ||
| Q2 24 | -1.13× | 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
CMI
| Other | $2.9B | 34% |
| Parts | $1.0B | 12% |
| Mediumdutytruckandbus | $638.0M | 7% |
| Heavydutytruck | $623.0M | 7% |
| Intersegmentsales | $620.0M | 7% |
| PSBU Power Generation | $577.0M | 7% |
| Related Party | $469.0M | 5% |
| Services | $449.0M | 5% |
| Lightdutyautomotive | $440.0M | 5% |
| Industrial | $333.0M | 4% |
| Offhighway | $279.0M | 3% |
| Generatortechnologies | $152.0M | 2% |
R
暂无分部数据
