vs
Copart（CPRT）与雷诺士国际（LII）财务数据对比。点击上方公司名可切换其他公司
雷诺士国际的季度营收约是Copart的1.0倍（$1.2B vs $1.2B），Copart净利率更高（35.0% vs 13.6%，领先21.4%），Copart同比增速更快（0.7% vs -11.2%），Copart自由现金流更多（$427.2M vs $376.7M），过去两年雷诺士国际的营收复合增速更高（6.8% vs 6.4%）
Copart是一家跨国在线车辆拍卖及再营销服务提供商，服务保险、租车、车队、金融公司等各类汽车经销商，业务覆盖美国、加拿大、英国、德国等11个国家。总部位于美国得克萨斯州达拉斯，拥有200多处实体网点，运营总面积超1万英亩的车辆存放场地。
雷诺士国际是美国知名的暖通空调（HVAC）及制冷领域气候控制产品供应商，总部位于得克萨斯州理查森。公司在墨西哥萨尔蒂约、美国爱荷华州马歇尔敦、南卡罗来纳州奥兰治堡设有核心生产基地，1904年收购公司的诺里斯家族后裔约翰·W·诺里斯三世持有其9.8%的股份。
CPRT vs LII — 直观对比
营收规模更大
LII
是对方的1.0倍
$1.2B
营收增速更快
CPRT
高出11.9%
-11.2%
净利率更高
CPRT
高出21.4%
13.6%
自由现金流更多
CPRT
多$50.5M
$376.7M
两年增速更快
LII
近两年复合增速
6.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.2B |
| 净利润 | $403.7M | $162.1M |
| 毛利率 | — | 34.7% |
| 营业利润率 | 37.3% | 18.6% |
| 净利率 | 35.0% | 13.6% |
| 营收同比 | 0.7% | -11.2% |
| 净利润同比 | 11.5% | -18.0% |
| 每股收益（稀释后） | $0.41 | $4.62 |
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CPRTLII
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $1.0B | $1.0B |
净利润CPRTLII
| Q4 25 | $403.7M | $162.1M | ||
| Q3 25 | $396.4M | $245.8M | ||
| Q2 25 | $406.6M | $277.6M | ||
| Q1 25 | $387.4M | $120.3M | ||
| Q4 24 | $362.1M | $197.7M | ||
| Q3 24 | $322.6M | $239.0M | ||
| Q2 24 | $382.3M | $245.9M | ||
| Q1 24 | $325.6M | $124.3M |
毛利率CPRTLII
| Q4 25 | — | 34.7% | ||
| Q3 25 | — | 32.8% | ||
| Q2 25 | — | 34.8% | ||
| Q1 25 | — | 30.6% | ||
| Q4 24 | — | 33.9% | ||
| Q3 24 | — | 32.6% | ||
| Q2 24 | — | 33.6% | ||
| Q1 24 | — | 32.5% |
营业利润率CPRTLII
| Q4 25 | 37.3% | 18.6% | ||
| Q3 25 | 36.7% | 21.7% | ||
| Q2 25 | 37.3% | 23.6% | ||
| Q1 25 | 36.6% | 14.5% | ||
| Q4 24 | 35.4% | 18.2% | ||
| Q3 24 | 33.6% | 20.2% | ||
| Q2 24 | 38.8% | 22.1% | ||
| Q1 24 | 37.2% | 15.9% |
净利率CPRTLII
| Q4 25 | 35.0% | 13.6% | ||
| Q3 25 | 35.2% | 17.2% | ||
| Q2 25 | 33.6% | 18.5% | ||
| Q1 25 | 33.3% | 11.2% | ||
| Q4 24 | 31.6% | 14.7% | ||
| Q3 24 | 30.2% | 16.0% | ||
| Q2 24 | 33.9% | 16.9% | ||
| Q1 24 | 31.9% | 11.9% |
每股收益（稀释后）CPRTLII
| Q4 25 | $0.41 | $4.62 | ||
| Q3 25 | $0.40 | $6.98 | ||
| Q2 25 | $0.42 | $7.82 | ||
| Q1 25 | $0.40 | $3.37 | ||
| Q4 24 | $0.37 | $5.52 | ||
| Q3 24 | $0.34 | $6.68 | ||
| Q2 24 | $0.39 | $6.87 | ||
| Q1 24 | $0.33 | $3.47 |
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 | — | $34.7M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $9.6B | $1.2B |
| 总资产 | $10.6B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资CPRTLII
| Q4 25 | — | $34.7M | ||
| Q3 25 | — | $59.2M | ||
| Q2 25 | — | $55.1M | ||
| Q1 25 | — | $222.9M | ||
| Q4 24 | — | $422.3M | ||
| Q3 24 | — | $255.7M | ||
| Q2 24 | — | $57.8M | ||
| Q1 24 | — | $57.6M |
总债务CPRTLII
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $838.2M | ||
| Q2 25 | — | $835.7M | ||
| Q1 25 | — | $834.2M | ||
| Q4 24 | — | $833.1M | ||
| Q3 24 | $0 | $827.6M | ||
| Q2 24 | $427.0K | $1.1B | ||
| Q1 24 | $453.0K | $1.2B |
股东权益CPRTLII
| Q4 25 | $9.6B | $1.2B | ||
| Q3 25 | $9.2B | $1.1B | ||
| Q2 25 | $8.8B | $900.5M | ||
| Q1 25 | $8.3B | $852.5M | ||
| Q4 24 | $7.9B | $850.2M | ||
| Q3 24 | $7.5B | $754.0M | ||
| Q2 24 | $7.2B | $577.4M | ||
| Q1 24 | $6.8B | $368.8M |
总资产CPRTLII
| Q4 25 | $10.6B | $4.1B | ||
| Q3 25 | $10.1B | $3.5B | ||
| Q2 25 | $9.7B | $3.7B | ||
| Q1 25 | $9.2B | $3.5B | ||
| Q4 24 | $8.9B | $3.5B | ||
| Q3 24 | $8.4B | $3.3B | ||
| Q2 24 | $8.0B | $3.2B | ||
| Q1 24 | $7.6B | $3.0B |
负债/权益比CPRTLII
| Q4 25 | — | 0.98× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.98× | ||
| Q3 24 | 0.00× | 1.10× | ||
| Q2 24 | 0.00× | 1.95× | ||
| Q1 24 | 0.00× | 3.13× |
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 | $535.3M | $405.9M |
| 自由现金流经营现金流 - 资本支出 | $427.2M | $376.7M |
| 自由现金流率自由现金流/营收 | 37.0% | 31.5% |
| 资本支出强度资本支出/营收 | 9.4% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.33× | 2.50× |
| 过去12个月自由现金流最近4个季度 | $1.4B | $638.8M |
8季度趋势，按日历期对齐
经营现金流CPRTLII
| Q4 25 | $535.3M | $405.9M | ||
| Q3 25 | $438.5M | $300.7M | ||
| Q2 25 | $700.9M | $86.8M | ||
| Q1 25 | $178.1M | $-35.8M | ||
| Q4 24 | $482.3M | $332.4M | ||
| Q3 24 | $439.2M | $452.1M | ||
| Q2 24 | $496.3M | $184.0M | ||
| Q1 24 | $161.8M | $-22.8M |
自由现金流CPRTLII
| Q4 25 | $427.2M | $376.7M | ||
| Q3 25 | $350.8M | $265.1M | ||
| Q2 25 | $572.9M | $58.3M | ||
| Q1 25 | $61.5M | $-61.3M | ||
| Q4 24 | $245.5M | $272.2M | ||
| Q3 24 | $301.3M | $410.9M | ||
| Q2 24 | $408.5M | $151.3M | ||
| Q1 24 | $38.8M | $-52.3M |
自由现金流率CPRTLII
| Q4 25 | 37.0% | 31.5% | ||
| Q3 25 | 31.2% | 18.6% | ||
| Q2 25 | 47.3% | 3.9% | ||
| Q1 25 | 5.3% | -5.7% | ||
| Q4 24 | 21.4% | 20.2% | ||
| Q3 24 | 28.2% | 27.4% | ||
| Q2 24 | 36.2% | 10.4% | ||
| Q1 24 | 3.8% | -5.0% |
资本支出强度CPRTLII
| Q4 25 | 9.4% | 2.4% | ||
| Q3 25 | 7.8% | 2.5% | ||
| Q2 25 | 10.6% | 1.9% | ||
| Q1 25 | 10.0% | 2.4% | ||
| Q4 24 | 20.6% | 4.5% | ||
| Q3 24 | 12.9% | 2.8% | ||
| Q2 24 | 7.8% | 2.3% | ||
| Q1 24 | 12.1% | 2.8% |
现金转化率CPRTLII
| Q4 25 | 1.33× | 2.50× | ||
| Q3 25 | 1.11× | 1.22× | ||
| Q2 25 | 1.72× | 0.31× | ||
| Q1 25 | 0.46× | -0.30× | ||
| Q4 24 | 1.33× | 1.68× | ||
| Q3 24 | 1.36× | 1.89× | ||
| Q2 24 | 1.30× | 0.75× | ||
| Q1 24 | 0.50× | -0.18× |
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
CPRT
| Services | $952.1M | 82% |
| Other | $203.0M | 18% |
LII
| Residential Heating And Cooling | $699.8M | 59% |
| Commercial Heating And Cooling | $495.2M | 41% |
