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Custom Truck One Source, Inc.（CTOS）与世纪互联（VNET）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.的季度营收约是世纪互联的1.2倍（$422.2M vs $362.7M），Custom Truck One Source, Inc.净利率更高（-4.2% vs -10.7%，领先6.4%），过去两年世纪互联的营收复合增速更高（17.4% vs 14.8%）
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。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
CTOS vs VNET — 直观对比
营收规模更大
CTOS
是对方的1.2倍
$362.7M
净利率更高
CTOS
高出6.4%
-10.7%
两年增速更快
VNET
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $362.7M |
| 净利润 | $-17.8M | $-38.7M |
| 毛利率 | 20.3% | 20.9% |
| 营业利润率 | 2.9% | 0.5% |
| 净利率 | -4.2% | -10.7% |
| 营收同比 | -8.5% | — |
| 净利润同比 | -333.7% | — |
| 每股收益（稀释后） | $-0.08 | — |
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CTOSVNET
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | — | ||
| Q3 25 | $359.9M | $362.7M | ||
| Q2 25 | $392.2M | — | ||
| Q1 25 | $307.1M | $309.5M | ||
| Q4 24 | $398.3M | — | ||
| Q3 24 | $337.5M | $302.2M | ||
| Q2 24 | $320.6M | $274.4M |
净利润CTOSVNET
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | — | ||
| Q3 25 | $-5.8M | $-38.7M | ||
| Q2 25 | $-28.4M | — | ||
| Q1 25 | $-17.8M | $-2.4M | ||
| Q4 24 | $27.6M | — | ||
| Q3 24 | $-17.4M | $-2.1M | ||
| Q2 24 | $-24.5M | $-1.1M |
毛利率CTOSVNET
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | — | ||
| Q3 25 | 28.0% | 20.9% | ||
| Q2 25 | 26.1% | — | ||
| Q1 25 | 27.9% | 25.2% | ||
| Q4 24 | 29.7% | — | ||
| Q3 24 | 27.2% | 23.2% | ||
| Q2 24 | 27.8% | 21.3% |
营业利润率CTOSVNET
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | — | ||
| Q3 25 | 9.1% | 0.5% | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | 4.0% | 0.1% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 6.8% | 24.5% | ||
| Q2 24 | 5.5% | 0.2% |
净利率CTOSVNET
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | — | ||
| Q3 25 | -1.6% | -10.7% | ||
| Q2 25 | -7.2% | — | ||
| Q1 25 | -5.8% | -0.8% | ||
| Q4 24 | 6.9% | — | ||
| Q3 24 | -5.2% | -0.7% | ||
| Q2 24 | -7.6% | -0.4% |
每股收益（稀释后）CTOSVNET
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $-0.08 | — | ||
| Q4 24 | $0.11 | — | ||
| Q3 24 | $-0.07 | — | ||
| 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 | $492.1M |
| 总债务越低越好 | $25.9M | — |
| 股东权益账面价值 | $809.1M | $890.8M |
| 总资产 | $3.4B | $6.1B |
| 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CTOSVNET
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | — | ||
| Q3 25 | $13.1M | $492.1M | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $5.4M | $544.3M | ||
| Q4 24 | $3.8M | — | ||
| Q3 24 | $8.4M | $219.5M | ||
| Q2 24 | $8.1M | $247.2M |
总债务CTOSVNET
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.5B | — |
股东权益CTOSVNET
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | — | ||
| Q3 25 | $784.7M | $890.8M | ||
| Q2 25 | $790.1M | — | ||
| Q1 25 | $813.4M | $927.8M | ||
| Q4 24 | $861.3M | — | ||
| Q3 24 | $837.5M | $902.9M | ||
| Q2 24 | $856.7M | $900.6M |
总资产CTOSVNET
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | — | ||
| Q3 25 | $3.5B | $6.1B | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.5B | $5.4B | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $3.6B | $4.3B | ||
| Q2 24 | $3.5B | $4.0B |
负债/权益比CTOSVNET
| 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× | 1.28× | ||
| 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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 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 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流CTOSVNET
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | — | ||
| Q3 25 | $81.5M | $113.8M | ||
| Q2 25 | $125.7M | — | ||
| Q1 25 | $55.6M | $27.0M | ||
| Q4 24 | $82.1M | — | ||
| Q3 24 | $16.5M | $108.3M | ||
| Q2 24 | $37.8M | $55.8M |
自由现金流CTOSVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M |
自由现金流率CTOSVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% |
资本支出强度CTOSVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% |
现金转化率CTOSVNET
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.98× | — | ||
| 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% |
VNET
暂无分部数据
