vs
CSX Corporation（CSX）与PAR PACIFIC HOLDINGS, INC.（PARR）财务数据对比。点击上方公司名可切换其他公司
CSX Corporation的季度营收约是PAR PACIFIC HOLDINGS, INC.的1.9倍（$3.5B vs $1.8B），CSX Corporation净利率更高（23.2% vs 4.3%，领先18.9%），CSX Corporation同比增速更快（1.7% vs -1.0%），CSX Corporation自由现金流更多（$793.0M vs $66.3M），过去两年CSX Corporation的营收复合增速更高（-3.0% vs -4.3%）
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。
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
CSX vs PARR — 直观对比
营收规模更大
CSX
是对方的1.9倍
$1.8B
营收增速更快
CSX
高出2.8%
-1.0%
净利率更高
CSX
高出18.9%
4.3%
自由现金流更多
CSX
多$726.7M
$66.3M
两年增速更快
CSX
近两年复合增速
-4.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $1.8B |
| 净利润 | $807.0M | $77.7M |
| 毛利率 | — | — |
| 营业利润率 | 29.9% | 5.5% |
| 净利率 | 23.2% | 4.3% |
| 营收同比 | 1.7% | -1.0% |
| 净利润同比 | 401.2% | 239.5% |
| 每股收益（稀释后） | — | $1.40 |
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CSXPARR
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $1.8B | ||
| Q3 25 | $3.6B | $2.0B | ||
| Q2 25 | $3.6B | $1.9B | ||
| Q1 25 | $3.4B | $1.7B | ||
| Q4 24 | $3.5B | $1.8B | ||
| Q3 24 | $3.6B | $2.1B | ||
| Q2 24 | $3.7B | $2.0B |
净利润CSXPARR
| Q1 26 | $807.0M | — | ||
| Q4 25 | $720.0M | $77.7M | ||
| Q3 25 | $694.0M | $262.6M | ||
| Q2 25 | $829.0M | $59.5M | ||
| Q1 25 | $646.0M | $-30.4M | ||
| Q4 24 | $720.0M | $-55.7M | ||
| Q3 24 | $894.0M | $7.5M | ||
| Q2 24 | $963.0M | $18.6M |
营业利润率CSXPARR
| Q1 26 | 29.9% | — | ||
| Q4 25 | 31.6% | 5.5% | ||
| Q3 25 | 30.3% | 17.8% | ||
| Q2 25 | 35.9% | 5.1% | ||
| Q1 25 | 30.4% | -0.9% | ||
| Q4 24 | 30.8% | -2.6% | ||
| Q3 24 | 37.4% | 1.7% | ||
| Q2 24 | 39.1% | 2.4% |
净利率CSXPARR
| Q1 26 | 23.2% | — | ||
| Q4 25 | 20.5% | 4.3% | ||
| Q3 25 | 19.3% | 13.0% | ||
| Q2 25 | 23.2% | 3.1% | ||
| Q1 25 | 18.9% | -1.7% | ||
| Q4 24 | 20.3% | -3.0% | ||
| Q3 24 | 24.7% | 0.3% | ||
| Q2 24 | 26.0% | 0.9% |
每股收益（稀释后）CSXPARR
| Q1 26 | — | — | ||
| Q4 25 | $0.39 | $1.40 | ||
| Q3 25 | $0.37 | $5.16 | ||
| Q2 25 | $0.44 | $1.17 | ||
| Q1 25 | $0.34 | $-0.57 | ||
| Q4 24 | $0.38 | $-0.98 | ||
| Q3 24 | $0.46 | $0.13 | ||
| Q2 24 | $0.49 | $0.32 |
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 | $164.1M |
| 总债务越低越好 | $18.9B | $802.9M |
| 股东权益账面价值 | $13.6B | $1.5B |
| 总资产 | $44.2B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.39× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资CSXPARR
| Q1 26 | $1.1B | — | ||
| Q4 25 | $5.0M | $164.1M | ||
| Q3 25 | $6.0M | $159.1M | ||
| Q2 25 | $6.0M | $169.2M | ||
| Q1 25 | $8.0M | $133.7M | ||
| Q4 24 | $72.0M | $191.9M | ||
| Q3 24 | $12.0M | $183.0M | ||
| Q2 24 | $4.0M | $179.7M |
总债务CSXPARR
| Q1 26 | $18.9B | — | ||
| Q4 25 | $18.2B | $802.9M | ||
| Q3 25 | $18.6B | $967.1M | ||
| Q2 25 | $18.6B | $1.1B | ||
| Q1 25 | $18.5B | $1.2B | ||
| Q4 24 | $17.9B | $1.1B | ||
| Q3 24 | $18.5B | $1.0B | ||
| Q2 24 | $18.0B | $1.1B |
股东权益CSXPARR
| Q1 26 | $13.6B | — | ||
| Q4 25 | $13.2B | $1.5B | ||
| Q3 25 | $12.8B | $1.4B | ||
| Q2 25 | $12.4B | $1.1B | ||
| Q1 25 | $12.2B | $1.1B | ||
| Q4 24 | $12.5B | $1.2B | ||
| Q3 24 | $12.9B | $1.3B | ||
| Q2 24 | $12.6B | $1.3B |
总资产CSXPARR
| Q1 26 | $44.2B | — | ||
| Q4 25 | $43.7B | $3.8B | ||
| Q3 25 | $43.3B | $4.1B | ||
| Q2 25 | $42.9B | $3.9B | ||
| Q1 25 | $43.2B | $3.8B | ||
| Q4 24 | $42.8B | $3.8B | ||
| Q3 24 | $43.1B | $3.9B | ||
| Q2 24 | $42.4B | $3.9B |
负债/权益比CSXPARR
| Q1 26 | 1.39× | — | ||
| Q4 25 | 1.38× | 0.53× | ||
| Q3 25 | 1.45× | 0.69× | ||
| Q2 25 | 1.50× | 0.97× | ||
| Q1 25 | 1.52× | 1.04× | ||
| Q4 24 | 1.43× | 0.93× | ||
| Q3 24 | 1.43× | 0.83× | ||
| Q2 24 | 1.42× | 0.84× |
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 | $93.8M |
| 自由现金流经营现金流 - 资本支出 | $793.0M | $66.3M |
| 自由现金流率自由现金流/营收 | 22.8% | 3.7% |
| 资本支出强度资本支出/营收 | — | 1.5% |
| 现金转化率经营现金流/净利润 | 1.58× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $296.5M |
8季度趋势，按日历期对齐
经营现金流CSXPARR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.4B | $93.8M | ||
| Q3 25 | $1.3B | $219.4M | ||
| Q2 25 | $635.0M | $133.6M | ||
| Q1 25 | $1.3B | $-1.4M | ||
| Q4 24 | $1.4B | $-15.5M | ||
| Q3 24 | $1.7B | $78.5M | ||
| Q2 24 | $1.1B | $-4.7M |
自由现金流CSXPARR
| Q1 26 | $793.0M | — | ||
| Q4 25 | $709.0M | $66.3M | ||
| Q3 25 | $607.0M | $187.1M | ||
| Q2 25 | $-141.0M | $85.5M | ||
| Q1 25 | $536.0M | $-42.3M | ||
| Q4 24 | $550.0M | $-63.1M | ||
| Q3 24 | $1.1B | $50.2M | ||
| Q2 24 | $547.0M | $-41.6M |
自由现金流率CSXPARR
| Q1 26 | 22.8% | — | ||
| Q4 25 | 20.2% | 3.7% | ||
| Q3 25 | 16.9% | 9.3% | ||
| Q2 25 | -3.9% | 4.5% | ||
| Q1 25 | 15.7% | -2.4% | ||
| Q4 24 | 15.5% | -3.4% | ||
| Q3 24 | 29.3% | 2.3% | ||
| Q2 24 | 14.8% | -2.1% |
资本支出强度CSXPARR
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 1.5% | ||
| Q3 25 | 20.4% | 1.6% | ||
| Q2 25 | 21.7% | 2.5% | ||
| Q1 25 | 21.0% | 2.3% | ||
| Q4 24 | 23.7% | 2.6% | ||
| Q3 24 | 17.3% | 1.3% | ||
| Q2 24 | 14.6% | 1.8% |
现金转化率CSXPARR
| Q1 26 | 1.58× | — | ||
| Q4 25 | 1.93× | 1.21× | ||
| Q3 25 | 1.93× | 0.84× | ||
| Q2 25 | 0.77× | 2.25× | ||
| Q1 25 | 1.94× | — | ||
| Q4 24 | 1.93× | — | ||
| Q3 24 | 1.89× | 10.48× | ||
| 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
PARR
| Distillates | $750.6M | 41% |
| Gasoline | $603.9M | 33% |
| Other Refined Products | $348.8M | 19% |
| Logistics | $73.7M | 4% |
| Other Revenues | $44.8M | 2% |
