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Custom Truck One Source, Inc.（CTOS）与和黄医药（HCM）财务数据对比。点击上方公司名可切换其他公司
Custom Truck One Source, Inc.的季度营收约是和黄医药的1.6倍（$422.2M vs $270.8M），和黄医药净利率更高（0.7% vs -4.2%，领先4.9%），Custom Truck One Source, Inc.同比增速更快（-8.5% vs -16.5%）
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。
和黄医药是一家国际化生物制药企业，专注于肿瘤、免疫类疾病的靶向疗法与免疫疗法的研发、生产及商业化，核心市场覆盖中国及全球多个国家地区，已有多款肿瘤治疗药物上市，后期临床管线储备丰富。
CTOS vs HCM — 直观对比
营收规模更大
CTOS
是对方的1.6倍
$270.8M
营收增速更快
CTOS
高出8.0%
-16.5%
净利率更高
HCM
高出4.9%
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $270.8M |
| 净利润 | $-17.8M | $2.0M |
| 毛利率 | 20.3% | 37.7% |
| 营业利润率 | 2.9% | -13.2% |
| 净利率 | -4.2% | 0.7% |
| 营收同比 | -8.5% | -16.5% |
| 净利润同比 | -333.7% | -83.6% |
| 每股收益（稀释后） | $-0.08 | $0.00 |
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CTOSHCM
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $270.8M | ||
| Q3 25 | $359.9M | — | ||
| Q2 25 | $392.2M | $277.7M | ||
| Q1 25 | $307.1M | $324.5M | ||
| Q4 24 | $398.3M | — | ||
| Q3 24 | $337.5M | — | ||
| Q2 24 | $320.6M | $305.7M |
净利润CTOSHCM
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $2.0M | ||
| Q3 25 | $-5.8M | — | ||
| Q2 25 | $-28.4M | $455.0M | ||
| Q1 25 | $-17.8M | $11.9M | ||
| Q4 24 | $27.6M | — | ||
| Q3 24 | $-17.4M | — | ||
| Q2 24 | $-24.5M | $25.8M |
毛利率CTOSHCM
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 37.7% | ||
| Q3 25 | 28.0% | — | ||
| Q2 25 | 26.1% | 0.1% | ||
| Q1 25 | 27.9% | 48.0% | ||
| Q4 24 | 29.7% | — | ||
| Q3 24 | 27.2% | — | ||
| Q2 24 | 27.8% | 41.1% |
营业利润率CTOSHCM
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | -13.2% | ||
| Q3 25 | 9.1% | — | ||
| Q2 25 | 7.1% | -1.3% | ||
| Q1 25 | 4.0% | -5.0% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 5.5% | -9.0% |
净利率CTOSHCM
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 0.7% | ||
| Q3 25 | -1.6% | — | ||
| Q2 25 | -7.2% | 163.8% | ||
| Q1 25 | -5.8% | 3.7% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | -5.2% | — | ||
| Q2 24 | -7.6% | 8.4% |
每股收益（稀释后）CTOSHCM
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $0.00 | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.13 | $0.52 | ||
| Q1 25 | $-0.08 | $0.01 | ||
| Q4 24 | $0.11 | — | ||
| Q3 24 | $-0.07 | — | ||
| Q2 24 | $-0.10 | $0.03 |
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 | $1.4B |
| 总债务越低越好 | $25.9M | $93.2M |
| 股东权益账面价值 | $809.1M | $1.2B |
| 总资产 | $3.4B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.08× |
8季度趋势，按日历期对齐
现金及短期投资CTOSHCM
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $1.4B | ||
| Q3 25 | $13.1M | — | ||
| Q2 25 | $5.3M | $1.4B | ||
| Q1 25 | $5.4M | $836.1M | ||
| Q4 24 | $3.8M | — | ||
| Q3 24 | $8.4M | — | ||
| Q2 24 | $8.1M | $802.5M |
总债务CTOSHCM
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $93.2M | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | $93.4M | ||
| Q1 25 | $1.6B | $82.8M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | $82.1M |
股东权益CTOSHCM
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $1.2B | ||
| Q3 25 | $784.7M | — | ||
| Q2 25 | $790.1M | $1.2B | ||
| Q1 25 | $813.4M | $759.9M | ||
| Q4 24 | $861.3M | — | ||
| Q3 24 | $837.5M | — | ||
| Q2 24 | $856.7M | $740.1M |
总资产CTOSHCM
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $1.8B | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.6B | $1.8B | ||
| Q1 25 | $3.5B | $1.3B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.5B | $1.3B |
负债/权益比CTOSHCM
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | 0.08× | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | 0.08× | ||
| Q1 25 | 1.97× | 0.11× | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.79× | 0.11× |
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 | — | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | $3.4M |
| 自由现金流率自由现金流/营收 | — | 1.2% |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 现金转化率经营现金流/净利润 | — | 4.21× |
| 过去12个月自由现金流最近4个季度 | — | $-96.2M |
8季度趋势，按日历期对齐
经营现金流CTOSHCM
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $8.2M | ||
| Q3 25 | $81.5M | — | ||
| Q2 25 | $125.7M | $-72.9M | ||
| Q1 25 | $55.6M | $40.3M | ||
| Q4 24 | $82.1M | — | ||
| Q3 24 | $16.5M | — | ||
| Q2 24 | $37.8M | $-39.8M |
自由现金流CTOSHCM
| Q1 26 | — | — | ||
| Q4 25 | — | $3.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-82.2M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-49.9M |
自由现金流率CTOSHCM
| Q1 26 | — | — | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -29.6% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -16.3% |
资本支出强度CTOSHCM
| Q1 26 | — | — | ||
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.3% |
现金转化率CTOSHCM
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 4.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.16× | ||
| Q1 25 | — | 3.38× | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -1.54× |
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% |
HCM
暂无分部数据
