vs
AMERICAS CARMART INC（CRMT）与Murphy USA Inc.（MUSA）财务数据对比。点击上方公司名可切换其他公司
Murphy USA Inc.的季度营收约是AMERICAS CARMART INC的16.6倍（$4.7B vs $286.3M）。Murphy USA Inc.净利率更高（3.0% vs -7.8%，领先10.8%）。Murphy USA Inc.同比增速更快（0.7% vs 0.2%）。Murphy USA Inc.自由现金流更多（$128.8M vs $8.3M）。过去两年AMERICAS CARMART INC的营收复合增速更高（9.1% vs -1.0%）
Americas CarMart Inc是美国专业汽车零售商，主要销售二手车，为信用记录有限或信用不佳的客户提供定制化内部融资方案，其线下门店网络集中在美国南部和中西部地区，服务购车市场中需求未被充分覆盖的消费群体。
墨菲美国是总部位于美国阿肯色州埃尔多拉多的企业，2013年由墨菲石油分拆后独立运营，主营连锁零售加油站业务，旗下站点大多毗邻沃尔玛门店开设，为消费者提供燃油及配套零售服务。
CRMT vs MUSA — 直观对比
营收规模更大
MUSA
是对方的16.6倍
$286.3M
营收增速更快
MUSA
高出0.5%
0.2%
净利率更高
MUSA
高出10.8%
-7.8%
自由现金流更多
MUSA
多$120.5M
$8.3M
两年增速更快
CRMT
近两年复合增速
-1.0%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $286.3M | $4.7B |
| 净利润 | $-22.5M | $141.9M |
| 毛利率 | 37.5% | — |
| 营业利润率 | -9.6% | 4.4% |
| 净利率 | -7.8% | 3.0% |
| 营收同比 | 0.2% | 0.7% |
| 净利润同比 | -540.7% | -0.4% |
| 每股收益（稀释后） | $-2.71 | $7.35 |
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CRMTMUSA
| Q4 25 | $286.3M | $4.7B | ||
| Q3 25 | $276.2M | $5.1B | ||
| Q2 25 | $309.7M | $5.0B | ||
| Q1 25 | $263.5M | $4.5B | ||
| Q4 24 | $285.8M | $4.7B | ||
| Q3 24 | $287.2M | $5.2B | ||
| Q2 24 | $309.7M | $5.5B | ||
| Q1 24 | $240.4M | $4.8B |
净利润CRMTMUSA
| Q4 25 | $-22.5M | $141.9M | ||
| Q3 25 | $-5.7M | $129.9M | ||
| Q2 25 | $10.6M | $145.6M | ||
| Q1 25 | $3.2M | $53.2M | ||
| Q4 24 | $5.1M | $142.5M | ||
| Q3 24 | $-964.0K | $149.2M | ||
| Q2 24 | $426.0K | $144.8M | ||
| Q1 24 | $-8.5M | $66.0M |
毛利率CRMTMUSA
| Q4 25 | 37.5% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 35.7% | — | ||
| Q4 24 | 39.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 35.1% | — | ||
| Q1 24 | 34.2% | — |
营业利润率CRMTMUSA
| Q4 25 | -9.6% | 4.4% | ||
| Q3 25 | -2.7% | 3.9% | ||
| Q2 25 | 4.0% | 4.4% | ||
| Q1 25 | 1.7% | 1.9% | ||
| Q4 24 | 2.5% | 4.2% | ||
| Q3 24 | -0.4% | 4.2% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | -4.3% | 2.2% |
净利率CRMTMUSA
| Q4 25 | -7.8% | 3.0% | ||
| Q3 25 | -2.1% | 2.5% | ||
| Q2 25 | 3.4% | 2.9% | ||
| Q1 25 | 1.2% | 1.2% | ||
| Q4 24 | 1.8% | 3.0% | ||
| Q3 24 | -0.3% | 2.8% | ||
| Q2 24 | 0.1% | 2.7% | ||
| Q1 24 | -3.6% | 1.4% |
每股收益（稀释后）CRMTMUSA
| Q4 25 | $-2.71 | $7.35 | ||
| Q3 25 | $-0.69 | $6.76 | ||
| Q2 25 | $1.50 | $7.36 | ||
| Q1 25 | $0.37 | $2.63 | ||
| Q4 24 | $0.61 | $6.87 | ||
| Q3 24 | $-0.15 | $7.20 | ||
| Q2 24 | $0.09 | $6.92 | ||
| Q1 24 | $-1.34 | $3.12 |
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 | $122.4M | $28.9M |
| 总债务越低越好 | — | $2.2B |
| 股东权益账面价值 | $555.0M | $623.5M |
| 总资产 | $1.7B | $4.7B |
| 负债/权益比越低杠杆越低 | — | 3.47× |
8季度趋势，按日历期对齐
现金及短期投资CRMTMUSA
| Q4 25 | $122.4M | $28.9M | ||
| Q3 25 | $9.7M | $42.8M | ||
| Q2 25 | $9.8M | $54.1M | ||
| Q1 25 | $8.5M | $49.4M | ||
| Q4 24 | $8.0M | $47.0M | ||
| Q3 24 | $4.7M | $52.5M | ||
| Q2 24 | $5.5M | $79.8M | ||
| Q1 24 | $4.2M | $56.7M |
总债务CRMTMUSA
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
股东权益CRMTMUSA
| Q4 25 | $555.0M | $623.5M | ||
| Q3 25 | $564.8M | $546.0M | ||
| Q2 25 | $569.4M | $646.1M | ||
| Q1 25 | $557.8M | $719.6M | ||
| Q4 24 | $553.6M | $840.1M | ||
| Q3 24 | $471.1M | $830.1M | ||
| Q2 24 | $470.6M | $811.3M | ||
| Q1 24 | $468.9M | $781.6M |
总资产CRMTMUSA
| Q4 25 | $1.7B | $4.7B | ||
| Q3 25 | $1.6B | $4.7B | ||
| Q2 25 | $1.6B | $4.6B | ||
| Q1 25 | $1.6B | $4.5B | ||
| Q4 24 | $1.6B | $4.5B | ||
| Q3 24 | $1.5B | $4.4B | ||
| Q2 24 | $1.5B | $4.4B | ||
| Q1 24 | $1.5B | $4.3B |
负债/权益比CRMTMUSA
| Q4 25 | — | 3.47× | ||
| Q3 25 | — | 4.07× | ||
| Q2 25 | — | 3.20× | ||
| Q1 25 | — | 2.74× | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | — | 2.20× | ||
| Q1 24 | — | 2.28× |
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 | $9.1M | $245.5M |
| 自由现金流经营现金流 - 资本支出 | $8.3M | $128.8M |
| 自由现金流率自由现金流/营收 | 2.9% | 2.7% |
| 资本支出强度资本支出/营收 | 0.3% | 2.5% |
| 现金转化率经营现金流/净利润 | — | 1.73× |
| 过去12个月自由现金流最近4个季度 | $-11.2M | $374.3M |
8季度趋势，按日历期对齐
经营现金流CRMTMUSA
| Q4 25 | $9.1M | $245.5M | ||
| Q3 25 | $-5.9M | $184.8M | ||
| Q2 25 | $19.2M | $255.1M | ||
| Q1 25 | $-30.8M | $128.5M | ||
| Q4 24 | $-22.2M | $248.7M | ||
| Q3 24 | $-15.0M | $202.1M | ||
| Q2 24 | $-10.7M | $260.8M | ||
| Q1 24 | $13.0M | $136.0M |
自由现金流CRMTMUSA
| Q4 25 | $8.3M | $128.8M | ||
| Q3 25 | $-6.4M | $67.7M | ||
| Q2 25 | $18.4M | $137.1M | ||
| Q1 25 | $-31.5M | $40.7M | ||
| Q4 24 | $-23.6M | $121.7M | ||
| Q3 24 | $-16.0M | $65.2M | ||
| Q2 24 | $-12.0M | $142.8M | ||
| Q1 24 | $10.2M | $59.8M |
自由现金流率CRMTMUSA
| Q4 25 | 2.9% | 2.7% | ||
| Q3 25 | -2.3% | 1.3% | ||
| Q2 25 | 5.9% | 2.7% | ||
| Q1 25 | -12.0% | 0.9% | ||
| Q4 24 | -8.3% | 2.6% | ||
| Q3 24 | -5.6% | 1.2% | ||
| Q2 24 | -3.9% | 2.6% | ||
| Q1 24 | 4.3% | 1.2% |
资本支出强度CRMTMUSA
| Q4 25 | 0.3% | 2.5% | ||
| Q3 25 | 0.2% | 2.3% | ||
| Q2 25 | 0.3% | 2.4% | ||
| Q1 25 | 0.3% | 1.9% | ||
| Q4 24 | 0.5% | 2.7% | ||
| Q3 24 | 0.3% | 2.6% | ||
| Q2 24 | 0.4% | 2.2% | ||
| Q1 24 | 1.1% | 1.6% |
现金转化率CRMTMUSA
| Q4 25 | — | 1.73× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | 1.81× | 1.75× | ||
| Q1 25 | -9.73× | 2.42× | ||
| Q4 24 | -4.36× | 1.75× | ||
| Q3 24 | — | 1.35× | ||
| Q2 24 | -25.18× | 1.80× | ||
| Q1 24 | — | 2.06× |
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
CRMT
| Sales Used Autos | $241.4M | 84% |
| Service Contract Sales | $23.6M | 8% |
| Wholesales Third Party | $12.6M | 4% |
| Payment Protection Plan Revenue | $8.7M | 3% |
MUSA
| Product Sales Petroleum Retail | $3.3B | 69% |
| Merchandise | $1.1B | 23% |
| Product Sales Petroleum Wholesale | $327.9M | 7% |
| Other | $57.0M | 1% |
| Renewable Identification Numbers | $55.3M | 1% |
| Revenue Other | $1.3M | 0% |
