vs
Custom Truck One Source, Inc.（CTOS）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是Custom Truck One Source, Inc.的1.5倍（$650.1M vs $422.2M），Custom Truck One Source, Inc.净利率更高（-4.2% vs -14.2%，领先10.0%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
CTOS vs FUN — 直观对比
营收规模更大
FUN
是对方的1.5倍
$422.2M
净利率更高
CTOS
高出10.0%
-14.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $650.1M |
| 净利润 | $-17.8M | $-92.4M |
| 毛利率 | 20.3% | 91.4% |
| 营业利润率 | 2.9% | -3.8% |
| 净利率 | -4.2% | -14.2% |
| 营收同比 | -8.5% | — |
| 净利润同比 | -333.7% | — |
| 每股收益（稀释后） | $-0.08 | $-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CTOSFUN
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $650.1M | ||
| Q3 25 | $359.9M | $1.3B | ||
| Q2 25 | $392.2M | $930.4M | ||
| Q1 25 | $307.1M | $202.1M | ||
| Q4 24 | $398.3M | — | ||
| Q3 24 | $337.5M | $1.3B | ||
| Q2 24 | $320.6M | $571.6M |
净利润CTOSFUN
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $-92.4M | ||
| Q3 25 | $-5.8M | $-1.2B | ||
| Q2 25 | $-28.4M | $-99.6M | ||
| Q1 25 | $-17.8M | $-219.7M | ||
| Q4 24 | $27.6M | — | ||
| Q3 24 | $-17.4M | $111.0M | ||
| Q2 24 | $-24.5M | $55.6M |
毛利率CTOSFUN
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 91.4% | ||
| Q3 25 | 28.0% | 91.6% | ||
| Q2 25 | 26.1% | 91.3% | ||
| Q1 25 | 27.9% | 89.3% | ||
| Q4 24 | 29.7% | — | ||
| Q3 24 | 27.2% | 91.9% | ||
| Q2 24 | 27.8% | 90.7% |
营业利润率CTOSFUN
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | -3.8% | ||
| Q3 25 | 9.1% | -83.7% | ||
| Q2 25 | 7.1% | 8.0% | ||
| Q1 25 | 4.0% | -158.9% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 6.8% | 19.5% | ||
| Q2 24 | 5.5% | 21.6% |
净利率CTOSFUN
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | -14.2% | ||
| Q3 25 | -1.6% | -90.1% | ||
| Q2 25 | -7.2% | -10.7% | ||
| Q1 25 | -5.8% | -108.7% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | -5.2% | 8.2% | ||
| Q2 24 | -7.6% | 9.7% |
每股收益（稀释后）CTOSFUN
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $-0.93 | ||
| Q3 25 | $-0.03 | $-11.77 | ||
| Q2 25 | $-0.13 | $-0.99 | ||
| Q1 25 | $-0.08 | $-2.20 | ||
| Q4 24 | $0.11 | — | ||
| Q3 24 | $-0.07 | $1.10 | ||
| Q2 24 | $-0.10 | — |
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 | $6.3M | $91.1M |
| 总债务越低越好 | $25.9M | $5.2B |
| 股东权益账面价值 | $809.1M | $549.8M |
| 总资产 | $3.4B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.03× | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资CTOSFUN
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $91.1M | ||
| Q3 25 | $13.1M | $70.7M | ||
| Q2 25 | $5.3M | $107.4M | ||
| Q1 25 | $5.4M | $61.5M | ||
| Q4 24 | $3.8M | — | ||
| Q3 24 | $8.4M | $89.7M | ||
| Q2 24 | $8.1M | $52.9M |
总债务CTOSFUN
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $5.2B | ||
| Q3 25 | $1.6B | $5.0B | ||
| Q2 25 | $1.6B | $5.3B | ||
| Q1 25 | $1.6B | $5.0B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $4.6B | ||
| Q2 24 | $1.5B | $2.3B |
股东权益CTOSFUN
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $549.8M | ||
| Q3 25 | $784.7M | $614.3M | ||
| Q2 25 | $790.1M | $1.8B | ||
| Q1 25 | $813.4M | $1.8B | ||
| Q4 24 | $861.3M | — | ||
| Q3 24 | $837.5M | $2.3B | ||
| Q2 24 | $856.7M | — |
总资产CTOSFUN
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $7.8B | ||
| Q3 25 | $3.5B | $7.9B | ||
| Q2 25 | $3.6B | $9.5B | ||
| Q1 25 | $3.5B | $9.2B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | $9.4B | ||
| Q2 24 | $3.5B | $2.3B |
负债/权益比CTOSFUN
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | 9.40× | ||
| Q3 25 | 2.10× | 8.16× | ||
| Q2 25 | 2.04× | 2.97× | ||
| Q1 25 | 1.97× | 2.75× | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | 1.95× | ||
| Q2 24 | 1.79× | — |
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 | — | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -16.8% |
| 资本支出强度资本支出/营收 | — | 11.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-152.2M |
8季度趋势，按日历期对齐
经营现金流CTOSFUN
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $-37.7M | ||
| Q3 25 | $81.5M | $356.2M | ||
| Q2 25 | $125.7M | $187.0M | ||
| Q1 25 | $55.6M | $-178.0M | ||
| Q4 24 | $82.1M | — | ||
| Q3 24 | $16.5M | $337.4M | ||
| Q2 24 | $37.8M | — |
自由现金流CTOSFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $-109.3M | ||
| Q3 25 | — | $256.2M | ||
| Q2 25 | — | $18.8M | ||
| Q1 25 | — | $-318.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $227.7M | ||
| Q2 24 | — | — |
自由现金流率CTOSFUN
| Q1 26 | — | — | ||
| Q4 25 | — | -16.8% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | -157.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 16.9% | ||
| Q2 24 | — | — |
资本支出强度CTOSFUN
| Q1 26 | — | — | ||
| Q4 25 | — | 11.0% | ||
| Q3 25 | — | 7.6% | ||
| Q2 25 | — | 18.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.1% | ||
| Q2 24 | — | — |
现金转化率CTOSFUN
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | — | 3.04× | ||
| Q2 24 | — | — |
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
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
