vs
加拿大国家铁路（CP）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
加拿大国家铁路的季度营收约是豪士科的1.1倍（$2.8B vs $2.7B），加拿大国家铁路净利率更高（27.7% vs 5.0%，领先22.7%），豪士科同比增速更快（3.5% vs 1.3%），豪士科自由现金流更多（$540.3M vs $537.3M），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs 2.8%）
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
CP vs OSK — 直观对比
营收规模更大
CP
是对方的1.1倍
$2.7B
营收增速更快
OSK
高出2.2%
1.3%
净利率更高
CP
高出22.7%
5.0%
自由现金流更多
OSK
多$3.0M
$537.3M
两年增速更快
CP
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $2.7B |
| 净利润 | $786.2M | $133.8M |
| 毛利率 | — | 15.8% |
| 营业利润率 | 41.4% | 7.9% |
| 净利率 | 27.7% | 5.0% |
| 营收同比 | 1.3% | 3.5% |
| 净利润同比 | -10.3% | -12.6% |
| 每股收益（稀释后） | — | — |
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CPOSK
| Q4 25 | $2.8B | $2.7B | ||
| Q3 25 | $2.7B | $2.7B | ||
| Q2 25 | $2.7B | $2.7B | ||
| Q1 25 | $2.8B | $2.3B | ||
| Q4 24 | $2.8B | $2.6B | ||
| Q3 24 | $2.6B | $2.7B | ||
| Q2 24 | $2.6B | $2.8B | ||
| Q1 24 | $2.5B | $2.5B |
净利润CPOSK
| Q4 25 | $786.2M | $133.8M | ||
| Q3 25 | $671.6M | $196.2M | ||
| Q2 25 | $900.8M | $204.8M | ||
| Q1 25 | $664.3M | $112.2M | ||
| Q4 24 | $876.7M | $153.1M | ||
| Q3 24 | $611.0M | $180.3M | ||
| Q2 24 | $660.6M | $168.6M | ||
| Q1 24 | $565.8M | $179.4M |
毛利率CPOSK
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 18.5% |
营业利润率CPOSK
| Q4 25 | 41.4% | 7.9% | ||
| Q3 25 | 36.8% | 9.7% | ||
| Q2 25 | 36.6% | 10.7% | ||
| Q1 25 | 35.0% | 7.6% | ||
| Q4 24 | 40.6% | 8.6% | ||
| Q3 24 | 34.3% | 9.7% | ||
| Q2 24 | 35.4% | 9.2% | ||
| Q1 24 | 32.9% | 10.2% |
净利率CPOSK
| Q4 25 | 27.7% | 5.0% | ||
| Q3 25 | 25.3% | 7.3% | ||
| Q2 25 | 33.6% | 7.5% | ||
| Q1 25 | 24.2% | 4.9% | ||
| Q4 24 | 31.2% | 5.9% | ||
| Q3 24 | 23.9% | 6.6% | ||
| Q2 24 | 25.3% | 5.9% | ||
| Q1 24 | 22.2% | 7.1% |
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 | $134.3M | $479.8M |
| 总债务越低越好 | $14.6B | — |
| 股东权益账面价值 | $33.5B | $4.5B |
| 总资产 | $62.7B | $10.1B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资CPOSK
| Q4 25 | $134.3M | $479.8M | ||
| Q3 25 | $300.0M | $211.8M | ||
| Q2 25 | $583.3M | $191.7M | ||
| Q1 25 | $507.4M | $210.3M | ||
| Q4 24 | $539.5M | $204.9M | ||
| Q3 24 | $338.0M | $160.9M | ||
| Q2 24 | $406.6M | $141.4M | ||
| Q1 24 | $378.9M | $69.9M |
总债务CPOSK
| Q4 25 | $14.6B | — | ||
| Q3 25 | $15.8B | — | ||
| Q2 25 | $15.5B | — | ||
| Q1 25 | $15.4B | — | ||
| Q4 24 | $14.5B | — | ||
| Q3 24 | $13.7B | $602.3M | ||
| Q2 24 | $13.8B | $599.1M | ||
| Q1 24 | $13.7B | $598.9M |
股东权益CPOSK
| Q4 25 | $33.5B | $4.5B | ||
| Q3 25 | $33.4B | $4.5B | ||
| Q2 25 | $33.7B | $4.5B | ||
| Q1 25 | $35.2B | $4.2B | ||
| Q4 24 | $35.0B | $4.2B | ||
| Q3 24 | $32.2B | $4.1B | ||
| Q2 24 | $32.0B | $3.9B | ||
| Q1 24 | $31.3B | $3.8B |
总资产CPOSK
| Q4 25 | $62.7B | $10.1B | ||
| Q3 25 | $63.3B | $9.8B | ||
| Q2 25 | $62.2B | $10.0B | ||
| Q1 25 | $64.3B | $9.8B | ||
| Q4 24 | $64.1B | $9.4B | ||
| Q3 24 | $60.0B | $9.9B | ||
| Q2 24 | $60.4B | $9.7B | ||
| Q1 24 | $59.6B | $9.5B |
负债/权益比CPOSK
| Q4 25 | 0.43× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.46× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.42× | 0.15× | ||
| Q2 24 | 0.43× | 0.15× | ||
| Q1 24 | 0.44× | 0.16× |
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 | $1.1B | $600.1M |
| 自由现金流经营现金流 - 资本支出 | $537.3M | $540.3M |
| 自由现金流率自由现金流/营收 | 18.9% | 20.1% |
| 资本支出强度资本支出/营收 | 20.2% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.42× | 4.49× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $618.0M |
8季度趋势，按日历期对齐
经营现金流CPOSK
| Q4 25 | $1.1B | $600.1M | ||
| Q3 25 | $930.0M | $489.0M | ||
| Q2 25 | $989.1M | $89.2M | ||
| Q1 25 | $843.9M | $-394.9M | ||
| Q4 24 | $1.2B | $790.8M | ||
| Q3 24 | $928.6M | $326.1M | ||
| Q2 24 | $932.9M | $-211.0M | ||
| Q1 24 | $741.0M | $-355.8M |
自由现金流CPOSK
| Q4 25 | $537.3M | $540.3M | ||
| Q3 25 | $302.2M | $464.3M | ||
| Q2 25 | $446.8M | $48.6M | ||
| Q1 25 | $324.9M | $-435.2M | ||
| Q4 24 | $702.3M | $703.3M | ||
| Q3 24 | $382.5M | $272.2M | ||
| Q2 24 | $343.1M | $-250.5M | ||
| Q1 24 | $356.2M | $-455.9M |
自由现金流率CPOSK
| Q4 25 | 18.9% | 20.1% | ||
| Q3 25 | 11.4% | 17.3% | ||
| Q2 25 | 16.7% | 1.8% | ||
| Q1 25 | 11.8% | -18.8% | ||
| Q4 24 | 25.0% | 27.1% | ||
| Q3 24 | 15.0% | 9.9% | ||
| Q2 24 | 13.1% | -8.8% | ||
| Q1 24 | 14.0% | -17.9% |
资本支出强度CPOSK
| Q4 25 | 20.2% | 2.2% | ||
| Q3 25 | 23.7% | 0.9% | ||
| Q2 25 | 20.2% | 1.5% | ||
| Q1 25 | 18.9% | 1.7% | ||
| Q4 24 | 19.3% | 3.4% | ||
| Q3 24 | 21.4% | 2.0% | ||
| Q2 24 | 22.6% | 1.4% | ||
| Q1 24 | 15.1% | 3.9% |
现金转化率CPOSK
| Q4 25 | 1.42× | 4.49× | ||
| Q3 25 | 1.38× | 2.49× | ||
| Q2 25 | 1.10× | 0.44× | ||
| Q1 25 | 1.27× | -3.52× | ||
| Q4 24 | 1.42× | 5.17× | ||
| Q3 24 | 1.52× | 1.81× | ||
| Q2 24 | 1.41× | -1.25× | ||
| Q1 24 | 1.31× | -1.98× |
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
CP
暂无分部数据
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
