vs
Custom Truck One Source, Inc.（CTOS）与Stride, Inc.（LRN）财务数据对比。点击上方公司名可切换其他公司
Stride, Inc.的季度营收约是Custom Truck One Source, Inc.的1.5倍（$629.9M vs $422.2M），Stride, Inc.净利率更高（14.1% vs -4.2%，领先18.3%），Stride, Inc.同比增速更快（2.7% vs -8.5%），过去两年Custom Truck One Source, Inc.的营收复合增速更高（14.8% vs 6.9%）
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。
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
CTOS vs LRN — 直观对比
营收规模更大
LRN
是对方的1.5倍
$422.2M
营收增速更快
LRN
高出11.2%
-8.5%
净利率更高
LRN
高出18.3%
-4.2%
两年增速更快
CTOS
近两年复合增速
6.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $629.9M |
| 净利润 | $-17.8M | $88.5M |
| 毛利率 | 20.3% | — |
| 营业利润率 | 2.9% | 20.5% |
| 净利率 | -4.2% | 14.1% |
| 营收同比 | -8.5% | 2.7% |
| 净利润同比 | -333.7% | 8.5% |
| 每股收益（稀释后） | $-0.08 | $1.93 |
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CTOSLRN
| Q3 26 | — | $629.9M | ||
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $631.3M | ||
| Q3 25 | $359.9M | $620.9M | ||
| Q2 25 | $392.2M | $653.6M | ||
| Q1 25 | $307.1M | $613.4M | ||
| Q4 24 | $398.3M | $587.2M | ||
| Q3 24 | $337.5M | $551.1M |
净利润CTOSLRN
| Q3 26 | — | $88.5M | ||
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $99.5M | ||
| Q3 25 | $-5.8M | $68.8M | ||
| Q2 25 | $-28.4M | $51.3M | ||
| Q1 25 | $-17.8M | $99.3M | ||
| Q4 24 | $27.6M | $96.4M | ||
| Q3 24 | $-17.4M | $40.9M |
毛利率CTOSLRN
| Q3 26 | — | — | ||
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 41.1% | ||
| Q3 25 | 28.0% | 39.0% | ||
| Q2 25 | 26.1% | 36.6% | ||
| Q1 25 | 27.9% | 40.6% | ||
| Q4 24 | 29.7% | 40.8% | ||
| Q3 24 | 27.2% | 39.2% |
营业利润率CTOSLRN
| Q3 26 | — | 20.5% | ||
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | 23.3% | ||
| Q3 25 | 9.1% | 11.1% | ||
| Q2 25 | 7.1% | 8.7% | ||
| Q1 25 | 4.0% | 21.3% | ||
| Q4 24 | 16.9% | 21.3% | ||
| Q3 24 | 6.8% | 8.6% |
净利率CTOSLRN
| Q3 26 | — | 14.1% | ||
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 15.8% | ||
| Q3 25 | -1.6% | 11.1% | ||
| Q2 25 | -7.2% | 7.9% | ||
| Q1 25 | -5.8% | 16.2% | ||
| Q4 24 | 6.9% | 16.4% | ||
| Q3 24 | -5.2% | 7.4% |
每股收益（稀释后）CTOSLRN
| Q3 26 | — | $1.93 | ||
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $2.12 | ||
| Q3 25 | $-0.03 | $1.40 | ||
| Q2 25 | $-0.13 | $0.96 | ||
| Q1 25 | $-0.08 | $2.02 | ||
| Q4 24 | $0.11 | $2.03 | ||
| Q3 24 | $-0.07 | $0.94 |
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 | $614.0M |
| 总债务越低越好 | $25.9M | $417.6M |
| 股东权益账面价值 | $809.1M | $1.6B |
| 总资产 | $3.4B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.03× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资CTOSLRN
| Q3 26 | — | $614.0M | ||
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $625.7M | ||
| Q3 25 | $13.1M | $715.1M | ||
| Q2 25 | $5.3M | $985.3M | ||
| Q1 25 | $5.4M | $723.7M | ||
| Q4 24 | $3.8M | $717.5M | ||
| Q3 24 | $8.4M | $522.2M |
总债务CTOSLRN
| Q3 26 | — | $417.6M | ||
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $417.2M | ||
| Q3 25 | $1.6B | $416.8M | ||
| Q2 25 | $1.6B | $416.3M | ||
| Q1 25 | $1.6B | $415.9M | ||
| Q4 24 | $1.5B | $415.5M | ||
| Q3 24 | $1.6B | $415.1M |
股东权益CTOSLRN
| Q3 26 | — | $1.6B | ||
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $1.5B | ||
| Q3 25 | $784.7M | $1.5B | ||
| Q2 25 | $790.1M | $1.5B | ||
| Q1 25 | $813.4M | $1.4B | ||
| Q4 24 | $861.3M | $1.3B | ||
| Q3 24 | $837.5M | $1.2B |
总资产CTOSLRN
| Q3 26 | — | $2.4B | ||
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $2.3B | ||
| Q3 25 | $3.5B | $2.3B | ||
| Q2 25 | $3.6B | $2.3B | ||
| Q1 25 | $3.5B | $2.2B | ||
| Q4 24 | $3.5B | $2.1B | ||
| Q3 24 | $3.6B | $2.0B |
负债/权益比CTOSLRN
| Q3 26 | — | 0.25× | ||
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | 0.27× | ||
| Q3 25 | 2.10× | 0.27× | ||
| Q2 25 | 2.04× | 0.28× | ||
| Q1 25 | 1.97× | 0.29× | ||
| Q4 24 | 1.77× | 0.32× | ||
| Q3 24 | 1.87× | 0.34× |
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 | — | $117.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | 1.32× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CTOSLRN
| Q3 26 | — | $117.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $91.8M | ||
| Q3 25 | $81.5M | $-195.8M | ||
| Q2 25 | $125.7M | $298.3M | ||
| Q1 25 | $55.6M | $53.1M | ||
| Q4 24 | $82.1M | $223.4M | ||
| Q3 24 | $16.5M | $-142.0M |
自由现金流CTOSLRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $91.6M | ||
| Q3 25 | — | $-196.1M | ||
| Q2 25 | — | $297.9M | ||
| Q1 25 | — | $52.9M | ||
| Q4 24 | — | $222.9M | ||
| Q3 24 | — | $-142.7M |
自由现金流率CTOSLRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 14.5% | ||
| Q3 25 | — | -31.6% | ||
| Q2 25 | — | 45.6% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 38.0% | ||
| Q3 24 | — | -25.9% |
资本支出强度CTOSLRN
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.0% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% |
现金转化率CTOSLRN
| Q3 26 | — | 1.32× | ||
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 0.92× | ||
| Q3 25 | — | -2.85× | ||
| Q2 25 | — | 5.81× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 2.98× | 2.32× | ||
| Q3 24 | — | -3.47× |
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% |
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
