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柯蒂斯-莱特（CW）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
RUSH ENTERPRISES INC \TX\的季度营收约是柯蒂斯-莱特的1.8倍（$1.7B vs $947.0M），柯蒂斯-莱特净利率更高（14.5% vs 3.7%，领先10.8%），柯蒂斯-莱特同比增速更快（14.9% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $315.1M），过去两年柯蒂斯-莱特的营收复合增速更高（15.2% vs -6.8%）
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
CW vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.8倍
$947.0M
营收增速更快
CW
高出23.9%
-9.0%
净利率更高
CW
高出10.8%
3.7%
自由现金流更多
RUSHA
多$96.5M
$315.1M
两年增速更快
CW
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $947.0M | $1.7B |
| 净利润 | $137.0M | $61.7M |
| 毛利率 | 37.5% | 20.4% |
| 营业利润率 | 19.2% | 4.9% |
| 净利率 | 14.5% | 3.7% |
| 营收同比 | 14.9% | -9.0% |
| 净利润同比 | 16.2% | 1.8% |
| 每股收益（稀释后） | $3.69 | $0.77 |
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CWRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $947.0M | $1.7B | ||
| Q3 25 | $869.2M | $1.8B | ||
| Q2 25 | $876.6M | $1.8B | ||
| Q1 25 | $805.6M | $1.8B | ||
| Q4 24 | $824.3M | $1.9B | ||
| Q3 24 | $798.9M | $1.8B | ||
| Q2 24 | $784.8M | $1.9B |
净利润CWRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $137.0M | $64.3M | ||
| Q3 25 | $124.8M | $66.7M | ||
| Q2 25 | $121.1M | $72.4M | ||
| Q1 25 | $101.3M | $60.3M | ||
| Q4 24 | $117.9M | $74.8M | ||
| Q3 24 | $111.2M | $79.1M | ||
| Q2 24 | $99.5M | $78.7M |
毛利率CWRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 37.5% | 20.8% | ||
| Q3 25 | 37.7% | 21.0% | ||
| Q2 25 | 37.2% | 20.7% | ||
| Q1 25 | 36.3% | 20.3% | ||
| Q4 24 | 38.5% | 19.3% | ||
| Q3 24 | 37.3% | 21.0% | ||
| Q2 24 | 36.2% | 20.2% |
营业利润率CWRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 19.2% | 5.5% | ||
| Q3 25 | 19.1% | 5.6% | ||
| Q2 25 | 17.8% | 6.0% | ||
| Q1 25 | 16.0% | 5.2% | ||
| Q4 24 | 18.8% | 5.8% | ||
| Q3 24 | 18.1% | 6.7% | ||
| Q2 24 | 16.4% | 6.4% |
净利率CWRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 14.5% | 3.8% | ||
| Q3 25 | 14.4% | 3.7% | ||
| Q2 25 | 13.8% | 3.9% | ||
| Q1 25 | 12.6% | 3.4% | ||
| Q4 24 | 14.3% | 3.9% | ||
| Q3 24 | 13.9% | 4.4% | ||
| Q2 24 | 12.7% | 4.1% |
每股收益（稀释后）CWRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $3.69 | $0.81 | ||
| Q3 25 | $3.31 | $0.83 | ||
| Q2 25 | $3.19 | $0.90 | ||
| Q1 25 | $2.68 | $0.73 | ||
| Q4 24 | $3.09 | $-95.13 | ||
| Q3 24 | $2.89 | $0.97 | ||
| Q2 24 | $2.58 | $97.00 |
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 | — | — |
| 总债务越低越好 | $957.9M | $277.8M |
| 股东权益账面价值 | $2.5B | $2.3B |
| 总资产 | $5.2B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.38× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资CWRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | — | $242.0M | ||
| Q2 25 | — | $211.1M | ||
| Q1 25 | $226.5M | $228.7M | ||
| Q4 24 | $385.0M | $228.1M | ||
| Q3 24 | — | $185.1M | ||
| Q2 24 | — | $167.3M |
总债务CWRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $957.9M | $274.8M | ||
| Q3 25 | $968.6M | — | ||
| Q2 25 | $958.4M | — | ||
| Q1 25 | $958.6M | — | ||
| Q4 24 | $1.0B | $408.4M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
股东权益CWRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.5B | $2.2B | ||
| Q3 25 | $2.5B | $2.2B | ||
| Q2 25 | $2.7B | $2.2B | ||
| Q1 25 | $2.6B | $2.2B | ||
| Q4 24 | $2.4B | $2.1B | ||
| Q3 24 | $2.5B | $2.1B | ||
| Q2 24 | $2.5B | $2.0B |
总资产CWRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $5.2B | $4.4B | ||
| Q3 25 | $5.1B | $4.6B | ||
| Q2 25 | $5.2B | $4.7B | ||
| Q1 25 | $5.0B | $4.7B | ||
| Q4 24 | $5.0B | $4.6B | ||
| Q3 24 | $4.9B | $4.6B | ||
| Q2 24 | $4.7B | $4.5B |
负债/权益比CWRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.38× | 0.12× | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.37× | — | ||
| Q4 24 | 0.43× | 0.19× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | 0.43× | — |
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 | $352.7M | — |
| 自由现金流经营现金流 - 资本支出 | $315.1M | $411.6M |
| 自由现金流率自由现金流/营收 | 33.3% | 24.4% |
| 资本支出强度资本支出/营收 | 4.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.57× | — |
| 过去12个月自由现金流最近4个季度 | $553.7M | $828.4M |
8季度趋势，按日历期对齐
经营现金流CWRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $352.7M | $112.9M | ||
| Q3 25 | $192.8M | $367.8M | ||
| Q2 25 | $136.6M | $227.6M | ||
| Q1 25 | $-38.8M | $153.5M | ||
| Q4 24 | $301.3M | $392.3M | ||
| Q3 24 | $177.3M | $111.7M | ||
| Q2 24 | $111.3M | $270.6M |
自由现金流CWRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $315.1M | $31.9M | ||
| Q3 25 | $175.9M | $271.2M | ||
| Q2 25 | $117.2M | $113.8M | ||
| Q1 25 | $-54.5M | $45.1M | ||
| Q4 24 | $278.0M | $263.5M | ||
| Q3 24 | $162.7M | $-20.0M | ||
| Q2 24 | $100.3M | $177.2M |
自由现金流率CWRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 33.3% | 1.9% | ||
| Q3 25 | 20.2% | 15.2% | ||
| Q2 25 | 13.4% | 6.2% | ||
| Q1 25 | -6.8% | 2.6% | ||
| Q4 24 | 33.7% | 13.7% | ||
| Q3 24 | 20.4% | -1.1% | ||
| Q2 24 | 12.8% | 9.1% |
资本支出强度CWRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 4.0% | 4.8% | ||
| Q3 25 | 1.9% | 5.4% | ||
| Q2 25 | 2.2% | 6.2% | ||
| Q1 25 | 2.0% | 6.2% | ||
| Q4 24 | 2.8% | 6.7% | ||
| Q3 24 | 1.8% | 7.3% | ||
| Q2 24 | 1.4% | 4.8% |
现金转化率CWRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 2.57× | 1.75× | ||
| Q3 25 | 1.54× | 5.51× | ||
| Q2 25 | 1.13× | 3.14× | ||
| Q1 25 | -0.38× | 2.55× | ||
| Q4 24 | 2.56× | 5.25× | ||
| Q3 24 | 1.59× | 1.41× | ||
| Q2 24 | 1.12× | 3.44× |
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
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
