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Custom Truck One Source, Inc.（CTOS）与RAYONIER ADVANCED MATERIALS INC.（RYAM）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RAYONIER ADVANCED MATERIALS INC.的1.1倍（$461.6M vs $417.5M），Custom Truck One Source, Inc.净利率更高（-0.9% vs -5.0%，领先4.2%），RAYONIER ADVANCED MATERIALS INC.同比增速更快（-1.2% vs -12.6%），过去两年Custom Truck One Source, Inc.的营收复合增速更高（20.0% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
CTOS vs RYAM — 直观对比
营收规模更大
CTOS
是对方的1.1倍
$417.5M
营收增速更快
RYAM
高出11.4%
-12.6%
净利率更高
CTOS
高出4.2%
-5.0%
两年增速更快
CTOS
近两年复合增速
3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $461.6M | $417.5M |
| 净利润 | $-4.1M | $-21.1M |
| 毛利率 | 22.3% | 8.9% |
| 营业利润率 | 6.8% | 2.6% |
| 净利率 | -0.9% | -5.0% |
| 营收同比 | -12.6% | -1.2% |
| 净利润同比 | 76.9% | -31.9% |
| 每股收益（稀释后） | $-0.02 | $-0.33 |
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CTOSRYAM
| Q1 26 | $461.6M | — | ||
| Q4 25 | $387.3M | $417.5M | ||
| Q3 25 | $359.9M | $352.8M | ||
| Q2 25 | $392.2M | $340.0M | ||
| Q1 25 | $307.1M | $356.0M | ||
| Q4 24 | $398.3M | $422.5M | ||
| Q3 24 | $337.5M | $401.1M | ||
| Q2 24 | $320.6M | $419.0M |
净利润CTOSRYAM
| Q1 26 | $-4.1M | — | ||
| Q4 25 | $20.9M | $-21.1M | ||
| Q3 25 | $-5.8M | $-4.5M | ||
| Q2 25 | $-28.4M | $-363.2M | ||
| Q1 25 | $-17.8M | $-32.0M | ||
| Q4 24 | $27.6M | $-16.0M | ||
| Q3 24 | $-17.4M | $-32.6M | ||
| Q2 24 | $-24.5M | $11.4M |
毛利率CTOSRYAM
| Q1 26 | 22.3% | — | ||
| Q4 25 | 31.8% | 8.9% | ||
| Q3 25 | 28.0% | 9.7% | ||
| Q2 25 | 26.1% | 7.0% | ||
| Q1 25 | 27.9% | 6.8% | ||
| Q4 24 | 29.7% | 8.7% | ||
| Q3 24 | 27.2% | 10.9% | ||
| Q2 24 | 27.8% | 11.5% |
营业利润率CTOSRYAM
| Q1 26 | 6.8% | — | ||
| Q4 25 | 13.4% | 2.6% | ||
| Q3 25 | 9.1% | 2.8% | ||
| Q2 25 | 7.1% | -0.4% | ||
| Q1 25 | 4.0% | -4.2% | ||
| Q4 24 | 16.9% | 2.6% | ||
| Q3 24 | 6.8% | -4.2% | ||
| Q2 24 | 5.5% | 6.7% |
净利率CTOSRYAM
| Q1 26 | -0.9% | — | ||
| Q4 25 | 5.4% | -5.0% | ||
| Q3 25 | -1.6% | -1.3% | ||
| Q2 25 | -7.2% | -106.8% | ||
| Q1 25 | -5.8% | -9.0% | ||
| Q4 24 | 6.9% | -3.8% | ||
| Q3 24 | -5.2% | -8.1% | ||
| Q2 24 | -7.6% | 2.7% |
每股收益（稀释后）CTOSRYAM
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.10 | $-0.33 | ||
| Q3 25 | $-0.03 | $-0.07 | ||
| Q2 25 | $-0.13 | $-5.44 | ||
| Q1 25 | $-0.08 | $-0.49 | ||
| Q4 24 | $0.11 | $-0.25 | ||
| Q3 24 | $-0.07 | $-0.49 | ||
| Q2 24 | $-0.10 | $0.17 |
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 | $9.6M | $75.4M |
| 总债务越低越好 | $5.1M | $758.1M |
| 股东权益账面价值 | $805.2M | $316.6M |
| 总资产 | $3.5B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.01× | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资CTOSRYAM
| Q1 26 | $9.6M | — | ||
| Q4 25 | $6.3M | $75.4M | ||
| Q3 25 | $13.1M | $77.0M | ||
| Q2 25 | $5.3M | $70.7M | ||
| Q1 25 | $5.4M | $129.9M | ||
| Q4 24 | $3.8M | $125.2M | ||
| Q3 24 | $8.4M | $136.1M | ||
| Q2 24 | $8.1M | $114.1M |
总债务CTOSRYAM
| Q1 26 | $5.1M | — | ||
| Q4 25 | $1.6B | $758.1M | ||
| Q3 25 | $1.6B | $763.5M | ||
| Q2 25 | $1.6B | $720.4M | ||
| Q1 25 | $1.6B | $707.0M | ||
| Q4 24 | $1.5B | $706.4M | ||
| Q3 24 | $1.6B | $747.7M | ||
| Q2 24 | $1.5B | $752.8M |
股东权益CTOSRYAM
| Q1 26 | $805.2M | — | ||
| Q4 25 | $809.1M | $316.6M | ||
| Q3 25 | $784.7M | $338.2M | ||
| Q2 25 | $790.1M | $342.3M | ||
| Q1 25 | $813.4M | $688.1M | ||
| Q4 24 | $861.3M | $713.9M | ||
| Q3 24 | $837.5M | $732.7M | ||
| Q2 24 | $856.7M | $755.1M |
总资产CTOSRYAM
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.4B | $1.8B | ||
| Q3 25 | $3.5B | $1.8B | ||
| Q2 25 | $3.6B | $1.8B | ||
| Q1 25 | $3.5B | $2.1B | ||
| Q4 24 | $3.5B | $2.1B | ||
| Q3 24 | $3.6B | $2.2B | ||
| Q2 24 | $3.5B | $2.2B |
负债/权益比CTOSRYAM
| Q1 26 | 0.01× | — | ||
| Q4 25 | 2.03× | 2.39× | ||
| Q3 25 | 2.10× | 2.26× | ||
| Q2 25 | 2.04× | 2.10× | ||
| Q1 25 | 1.97× | 1.03× | ||
| Q4 24 | 1.77× | 0.99× | ||
| Q3 24 | 1.87× | 1.02× | ||
| Q2 24 | 1.79× | 1.00× |
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 | — | $32.3M |
| 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 | — | — |
| 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CTOSRYAM
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $32.3M | ||
| Q3 25 | $81.5M | $-17.8M | ||
| Q2 25 | $125.7M | $-30.2M | ||
| Q1 25 | $55.6M | $39.6M | ||
| Q4 24 | $82.1M | $54.9M | ||
| Q3 24 | $16.5M | $49.8M | ||
| Q2 24 | $37.8M | $87.6M |
现金转化率CTOSRYAM
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 7.69× |
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 | $292.6M | 63% |
| Rental revenue | $137.2M | 30% |
| Parts sales and services | $31.8M | 7% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
