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CSX Corporation（CSX）与Lennar（LEN）财务数据对比。点击上方公司名可切换其他公司
Lennar的季度营收约是CSX Corporation的1.9倍（$6.6B vs $3.5B），CSX Corporation净利率更高（23.2% vs 3.5%，领先19.7%），CSX Corporation同比增速更快（1.7% vs -13.3%），过去两年CSX Corporation的营收复合增速更高（-3.0% vs -13.1%）
CSX运输是美国一级货运铁路企业，业务覆盖美国东部区域及加拿大安大略省、魁北克省，运营铁路总里程约3.4万公里，隶属于总部位于佛罗里达州杰克逊维尔市的财富500强企业CSX Corporation，是其旗下核心子公司。
Lennar Corporation是总部位于美国佛罗里达州迈阿密-戴德县的住宅建筑企业，截至2025年按房屋销量统计为美国第二大住宅建筑商。公司业务覆盖多户型及单户住宅租赁物业投资、高端地产开发，旗下LenX板块布局地产科技，另有Lennar Mortgage提供按揭贷款服务。
CSX vs LEN — 直观对比
营收规模更大
LEN
是对方的1.9倍
$3.5B
营收增速更快
CSX
高出15.0%
-13.3%
净利率更高
CSX
高出19.7%
3.5%
两年增速更快
CSX
近两年复合增速
-13.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $6.6B |
| 净利润 | $807.0M | $229.4M |
| 毛利率 | — | — |
| 营业利润率 | 36.0% | — |
| 净利率 | 23.2% | 3.5% |
| 营收同比 | 1.7% | -13.3% |
| 净利润同比 | 24.9% | -55.8% |
| 每股收益（稀释后） | — | $0.93 |
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CSXLEN
| Q1 26 | $3.5B | $6.6B | ||
| Q4 25 | $3.5B | $9.4B | ||
| Q3 25 | $3.6B | $8.8B | ||
| Q2 25 | $3.6B | $8.4B | ||
| Q1 25 | $3.4B | $7.6B | ||
| Q4 24 | $3.5B | $9.9B | ||
| Q3 24 | $3.6B | $9.4B | ||
| Q2 24 | $3.7B | $8.8B |
净利润CSXLEN
| Q1 26 | $807.0M | $229.4M | ||
| Q4 25 | $720.0M | $490.2M | ||
| Q3 25 | $694.0M | $591.0M | ||
| Q2 25 | $829.0M | $477.4M | ||
| Q1 25 | $646.0M | $519.5M | ||
| Q4 24 | $720.0M | $1.1B | ||
| Q3 24 | $894.0M | $1.2B | ||
| Q2 24 | $963.0M | $954.3M |
营业利润率CSXLEN
| Q1 26 | 36.0% | — | ||
| Q4 25 | 31.6% | 7.3% | ||
| Q3 25 | 30.3% | 9.0% | ||
| Q2 25 | 35.9% | 7.7% | ||
| Q1 25 | 30.4% | 9.1% | ||
| Q4 24 | 30.8% | 14.7% | ||
| Q3 24 | 37.4% | 16.3% | ||
| Q2 24 | 39.1% | 14.4% |
净利率CSXLEN
| Q1 26 | 23.2% | 3.5% | ||
| Q4 25 | 20.5% | 5.2% | ||
| Q3 25 | 19.3% | 6.7% | ||
| Q2 25 | 23.2% | 5.7% | ||
| Q1 25 | 18.9% | 6.8% | ||
| Q4 24 | 20.3% | 11.0% | ||
| Q3 24 | 24.7% | 12.3% | ||
| Q2 24 | 26.0% | 10.9% |
每股收益（稀释后）CSXLEN
| Q1 26 | — | $0.93 | ||
| Q4 25 | $0.39 | — | ||
| Q3 25 | $0.37 | $2.29 | ||
| Q2 25 | $0.44 | $1.81 | ||
| Q1 25 | $0.34 | $1.96 | ||
| Q4 24 | $0.38 | $4.03 | ||
| Q3 24 | $0.46 | $4.26 | ||
| Q2 24 | $0.49 | $3.45 |
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 | $1.1B | $2.1B |
| 总债务越低越好 | $18.9B | — |
| 股东权益账面价值 | $13.6B | $21.9B |
| 总资产 | $44.2B | $33.2B |
| 负债/权益比越低杠杆越低 | 1.39× | — |
8季度趋势，按日历期对齐
现金及短期投资CSXLEN
| Q1 26 | $1.1B | $2.1B | ||
| Q4 25 | $5.0M | $3.8B | ||
| Q3 25 | $6.0M | — | ||
| Q2 25 | $6.0M | — | ||
| Q1 25 | $8.0M | — | ||
| Q4 24 | $72.0M | $4.9B | ||
| Q3 24 | $12.0M | — | ||
| Q2 24 | $4.0M | — |
总债务CSXLEN
| Q1 26 | $18.9B | — | ||
| Q4 25 | $18.2B | $5.9B | ||
| Q3 25 | $18.6B | — | ||
| Q2 25 | $18.6B | — | ||
| Q1 25 | $18.5B | — | ||
| Q4 24 | $17.9B | $4.2B | ||
| Q3 24 | $18.5B | — | ||
| Q2 24 | $18.0B | — |
股东权益CSXLEN
| Q1 26 | $13.6B | $21.9B | ||
| Q4 25 | $13.2B | $22.0B | ||
| Q3 25 | $12.8B | $22.6B | ||
| Q2 25 | $12.4B | $22.6B | ||
| Q1 25 | $12.2B | $22.7B | ||
| Q4 24 | $12.5B | $27.9B | ||
| Q3 24 | $12.9B | $27.4B | ||
| Q2 24 | $12.6B | $26.9B |
总资产CSXLEN
| Q1 26 | $44.2B | $33.2B | ||
| Q4 25 | $43.7B | $34.4B | ||
| Q3 25 | $43.3B | $34.9B | ||
| Q2 25 | $42.9B | $34.4B | ||
| Q1 25 | $43.2B | $35.0B | ||
| Q4 24 | $42.8B | $41.3B | ||
| Q3 24 | $43.1B | $39.7B | ||
| Q2 24 | $42.4B | $38.7B |
负债/权益比CSXLEN
| Q1 26 | 1.39× | — | ||
| Q4 25 | 1.38× | 0.27× | ||
| Q3 25 | 1.45× | — | ||
| Q2 25 | 1.50× | — | ||
| Q1 25 | 1.52× | — | ||
| Q4 24 | 1.43× | 0.15× | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.42× | — |
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 | $1.3B | — |
| 自由现金流经营现金流 - 资本支出 | $793.0M | — |
| 自由现金流率自由现金流/营收 | 22.8% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.58× | — |
| 过去12个月自由现金流最近4个季度 | $2.0B | — |
8季度趋势，按日历期对齐
经营现金流CSXLEN
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.3B | $-158.6M | ||
| Q2 25 | $635.0M | $-1.1B | ||
| Q1 25 | $1.3B | $-289.0M | ||
| Q4 24 | $1.4B | $974.5M | ||
| Q3 24 | $1.7B | $819.2M | ||
| Q2 24 | $1.1B | $241.8M |
自由现金流CSXLEN
| Q1 26 | $793.0M | — | ||
| Q4 25 | $709.0M | $1.7B | ||
| Q3 25 | $607.0M | $-190.8M | ||
| Q2 25 | $-141.0M | $-1.1B | ||
| Q1 25 | $536.0M | $-345.1M | ||
| Q4 24 | $550.0M | $933.1M | ||
| Q3 24 | $1.1B | $800.8M | ||
| Q2 24 | $547.0M | $203.0M |
自由现金流率CSXLEN
| Q1 26 | 22.8% | — | ||
| Q4 25 | 20.2% | 17.9% | ||
| Q3 25 | 16.9% | -2.2% | ||
| Q2 25 | -3.9% | -13.3% | ||
| Q1 25 | 15.7% | -4.5% | ||
| Q4 24 | 15.5% | 9.4% | ||
| Q3 24 | 29.3% | 8.5% | ||
| Q2 24 | 14.8% | 2.3% |
资本支出强度CSXLEN
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 0.9% | ||
| Q3 25 | 20.4% | 0.4% | ||
| Q2 25 | 21.7% | 0.2% | ||
| Q1 25 | 21.0% | 0.7% | ||
| Q4 24 | 23.7% | 0.4% | ||
| Q3 24 | 17.3% | 0.2% | ||
| Q2 24 | 14.6% | 0.4% |
现金转化率CSXLEN
| Q1 26 | 1.58× | — | ||
| Q4 25 | 1.93× | 3.59× | ||
| Q3 25 | 1.93× | -0.27× | ||
| Q2 25 | 0.77× | -2.29× | ||
| Q1 25 | 1.94× | -0.56× | ||
| Q4 24 | 1.93× | 0.89× | ||
| Q3 24 | 1.89× | 0.70× | ||
| Q2 24 | 1.13× | 0.25× |
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
CSX
暂无分部数据
LEN
| Homebuilding | $6.3B | 95% |
| Financial Services | $215.6M | 3% |
| Multifamily | $82.5M | 1% |
| Lennar Other | $22.9M | 0% |
