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Custom Truck One Source, Inc.（CTOS）与SUBURBAN PROPANE PARTNERS LP（SPH）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SUBURBAN PROPANE PARTNERS LP的1.1倍（$422.2M vs $370.4M），SUBURBAN PROPANE PARTNERS LP净利率更高（12.4% vs -4.2%，领先16.6%），SUBURBAN PROPANE PARTNERS LP同比增速更快（-0.8% vs -8.5%），过去两年Custom Truck One Source, Inc.的营收复合增速更高（14.8% vs -13.8%）
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。
Suburban Propane Partners LP是美国领先的丙烷、天然气、取暖油及相关能源产品分销商，服务覆盖住宅、商业、工业、农业等各类客户，同时提供暖通空调系统的安装、维护与维修服务，业务范围遍布全美。
CTOS vs SPH — 直观对比
营收规模更大
CTOS
是对方的1.1倍
$370.4M
营收增速更快
SPH
高出7.7%
-8.5%
净利率更高
SPH
高出16.6%
-4.2%
两年增速更快
CTOS
近两年复合增速
-13.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $370.4M |
| 净利润 | $-17.8M | $45.8M |
| 毛利率 | 20.3% | 64.7% |
| 营业利润率 | 2.9% | 18.3% |
| 净利率 | -4.2% | 12.4% |
| 营收同比 | -8.5% | -0.8% |
| 净利润同比 | -333.7% | 135.7% |
| 每股收益（稀释后） | $-0.08 | $0.69 |
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CTOSSPH
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $370.4M | ||
| Q3 25 | $359.9M | $211.4M | ||
| Q2 25 | $392.2M | $260.1M | ||
| Q1 25 | $307.1M | $587.7M | ||
| Q4 24 | $398.3M | $373.3M | ||
| Q3 24 | $337.5M | $208.6M | ||
| Q2 24 | $320.6M | $254.6M |
净利润CTOSSPH
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $45.8M | ||
| Q3 25 | $-5.8M | $-35.1M | ||
| Q2 25 | $-28.4M | $-14.8M | ||
| Q1 25 | $-17.8M | $137.1M | ||
| Q4 24 | $27.6M | $19.4M | ||
| Q3 24 | $-17.4M | $-44.6M | ||
| Q2 24 | $-24.5M | $-17.2M |
毛利率CTOSSPH
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 64.7% | ||
| Q3 25 | 28.0% | 64.7% | ||
| Q2 25 | 26.1% | 61.7% | ||
| Q1 25 | 27.9% | 58.8% | ||
| Q4 24 | 29.7% | 60.6% | ||
| Q3 24 | 27.2% | 59.4% | ||
| Q2 24 | 27.8% | 62.9% |
营业利润率CTOSSPH
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | 18.3% | ||
| Q3 25 | 9.1% | -7.9% | ||
| Q2 25 | 7.1% | 2.1% | ||
| Q1 25 | 4.0% | 27.0% | ||
| Q4 24 | 16.9% | 15.8% | ||
| Q3 24 | 6.8% | -10.8% | ||
| Q2 24 | 5.5% | 3.2% |
净利率CTOSSPH
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 12.4% | ||
| Q3 25 | -1.6% | -16.6% | ||
| Q2 25 | -7.2% | -5.7% | ||
| Q1 25 | -5.8% | 23.3% | ||
| Q4 24 | 6.9% | 5.2% | ||
| Q3 24 | -5.2% | -21.4% | ||
| Q2 24 | -7.6% | -6.8% |
每股收益（稀释后）CTOSSPH
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $0.69 | ||
| Q3 25 | $-0.03 | $-0.55 | ||
| Q2 25 | $-0.13 | $-0.23 | ||
| Q1 25 | $-0.08 | $2.10 | ||
| Q4 24 | $0.11 | $0.30 | ||
| Q3 24 | $-0.07 | $-0.69 | ||
| Q2 24 | $-0.10 | $-0.27 |
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 | $1.3M |
| 总债务越低越好 | $25.9M | $1.3B |
| 股东权益账面价值 | $809.1M | — |
| 总资产 | $3.4B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资CTOSSPH
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $1.3M | ||
| Q3 25 | $13.1M | $405.0K | ||
| Q2 25 | $5.3M | $1.3M | ||
| Q1 25 | $5.4M | $3.9M | ||
| Q4 24 | $3.8M | $4.4M | ||
| Q3 24 | $8.4M | $3.2M | ||
| Q2 24 | $8.1M | $4.9M |
总债务CTOSSPH
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | $1.3B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.5B | $1.3B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.5B | $1.2B |
股东权益CTOSSPH
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | — | ||
| Q3 25 | $784.7M | — | ||
| Q2 25 | $790.1M | — | ||
| Q1 25 | $813.4M | — | ||
| Q4 24 | $861.3M | — | ||
| Q3 24 | $837.5M | — | ||
| Q2 24 | $856.7M | — |
总资产CTOSSPH
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $2.4B | ||
| Q3 25 | $3.5B | $2.3B | ||
| Q2 25 | $3.6B | $2.3B | ||
| Q1 25 | $3.5B | $2.4B | ||
| Q4 24 | $3.5B | $2.4B | ||
| Q3 24 | $3.6B | $2.3B | ||
| Q2 24 | $3.5B | $2.3B |
负债/权益比CTOSSPH
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | — | ||
| 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 | — | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-67.5M |
| 自由现金流率自由现金流/营收 | — | -18.2% |
| 资本支出强度资本支出/营收 | — | 5.3% |
| 现金转化率经营现金流/净利润 | — | -1.04× |
| 过去12个月自由现金流最近4个季度 | — | $61.9M |
8季度趋势，按日历期对齐
经营现金流CTOSSPH
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $-47.7M | ||
| Q3 25 | $81.5M | $41.8M | ||
| Q2 25 | $125.7M | $95.5M | ||
| Q1 25 | $55.6M | $40.1M | ||
| Q4 24 | $82.1M | $8.8M | ||
| Q3 24 | $16.5M | $36.8M | ||
| Q2 24 | $37.8M | $61.4M |
自由现金流CTOSSPH
| Q1 26 | — | — | ||
| Q4 25 | — | $-67.5M | ||
| Q3 25 | — | $27.7M | ||
| Q2 25 | — | $80.9M | ||
| Q1 25 | — | $20.8M | ||
| Q4 24 | — | $-15.1M | ||
| Q3 24 | — | $17.7M | ||
| Q2 24 | — | $46.8M |
自由现金流率CTOSSPH
| Q1 26 | — | — | ||
| Q4 25 | — | -18.2% | ||
| Q3 25 | — | 13.1% | ||
| Q2 25 | — | 31.1% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 18.4% |
资本支出强度CTOSSPH
| Q1 26 | — | — | ||
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 6.7% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | — | 9.1% | ||
| Q2 24 | — | 5.8% |
现金转化率CTOSSPH
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | -1.04× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | 2.98× | 0.45× | ||
| Q3 24 | — | — | ||
| 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% |
SPH
| Propane | $326.4M | 88% |
| Other Sales Revenue Net | $19.9M | 5% |
| Fuel Oil And Refined Fuels | $18.2M | 5% |
| Natural Gas And Electricity | $5.9M | 2% |
| Wholesale | $4.1M | 1% |
