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戴德梁行（CWK）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
RYDER SYSTEM INC的季度营收约是戴德梁行的1.1倍（$3.1B vs $2.9B），RYDER SYSTEM INC净利率更高（3.0% vs -0.8%，领先3.7%），戴德梁行同比增速更快（10.8% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $234.3M），过去两年戴德梁行的营收复合增速更高（15.5% vs -0.9%）
戴德梁行是全球化的商业地产及物业管理服务提供商，总部位于美国伊利诺伊州芝加哥，由联合创始人J·克莱兹代尔·库什曼和伯纳德·韦克菲尔德共同创立，在全球商业地产服务领域拥有广泛的业务布局与专业服务能力，为各类客户提供定制化的地产相关解决方案。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
CWK vs R — 直观对比
营收规模更大
R
是对方的1.1倍
$2.9B
营收增速更快
CWK
高出9.8%
1.0%
净利率更高
R
高出3.7%
-0.8%
自由现金流更多
R
多$38.7M
$234.3M
两年增速更快
CWK
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.1B |
| 净利润 | $-22.4M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 6.1% | — |
| 净利率 | -0.8% | 3.0% |
| 营收同比 | 10.8% | 1.0% |
| 净利润同比 | -119.8% | -5.1% |
| 每股收益（稀释后） | $-0.10 | $2.34 |
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CWKR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.9B | $3.2B | ||
| Q3 25 | $2.6B | $3.2B | ||
| Q2 25 | $2.5B | $3.2B | ||
| Q1 25 | $2.3B | $3.1B | ||
| Q4 24 | $2.6B | $3.2B | ||
| Q3 24 | $2.3B | $3.2B | ||
| Q2 24 | $2.3B | $3.2B |
净利润CWKR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $-22.4M | $132.0M | ||
| Q3 25 | $51.4M | $138.0M | ||
| Q2 25 | $57.3M | $131.0M | ||
| Q1 25 | $1.9M | $98.0M | ||
| Q4 24 | $112.9M | $135.0M | ||
| Q3 24 | $33.7M | $142.0M | ||
| Q2 24 | $13.5M | $127.0M |
营业利润率CWKR
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 5.6% | ||
| Q3 25 | 4.1% | 6.0% | ||
| Q2 25 | 4.9% | 5.8% | ||
| Q1 25 | 2.0% | 4.3% | ||
| Q4 24 | 6.6% | 5.7% | ||
| Q3 24 | 3.2% | 5.9% | ||
| Q2 24 | 3.1% | 5.6% |
净利率CWKR
| Q1 26 | — | 3.0% | ||
| Q4 25 | -0.8% | 4.2% | ||
| Q3 25 | 2.0% | 4.4% | ||
| Q2 25 | 2.3% | 4.1% | ||
| Q1 25 | 0.1% | 3.1% | ||
| Q4 24 | 4.3% | 4.2% | ||
| Q3 24 | 1.4% | 4.5% | ||
| Q2 24 | 0.6% | 4.0% |
每股收益（稀释后）CWKR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $-0.10 | $3.22 | ||
| Q3 25 | $0.22 | $3.32 | ||
| Q2 25 | $0.25 | $3.13 | ||
| Q1 25 | $0.01 | $2.27 | ||
| Q4 24 | $0.49 | $3.09 | ||
| Q3 24 | $0.14 | $3.24 | ||
| Q2 24 | $0.06 | $2.84 |
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 | $784.2M | $182.0M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $2.0B | $2.9B |
| 总资产 | $7.7B | — |
| 负债/权益比越低杠杆越低 | 1.40× | — |
8季度趋势，按日历期对齐
现金及短期投资CWKR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $784.2M | $198.0M | ||
| Q3 25 | $634.4M | $189.0M | ||
| Q2 25 | $618.2M | $180.0M | ||
| Q1 25 | $623.2M | $151.0M | ||
| Q4 24 | $793.3M | $154.0M | ||
| Q3 24 | $775.4M | $162.0M | ||
| Q2 24 | $567.3M | $164.0M |
总债务CWKR
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $6.8B | ||
| Q3 25 | $2.8B | $7.3B | ||
| Q2 25 | $3.0B | $7.0B | ||
| Q1 25 | $3.0B | $6.7B | ||
| Q4 24 | $3.0B | $6.7B | ||
| Q3 24 | $3.1B | $6.6B | ||
| Q2 24 | $3.1B | $6.5B |
股东权益CWKR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.0B | $3.1B | ||
| Q3 25 | $2.0B | $3.1B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $1.8B | $3.0B | ||
| Q4 24 | $1.8B | $3.1B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.6B | $3.1B |
总资产CWKR
| Q1 26 | — | — | ||
| Q4 25 | $7.7B | $16.4B | ||
| Q3 25 | $7.7B | $16.5B | ||
| Q2 25 | $7.6B | $16.5B | ||
| Q1 25 | $7.4B | $16.4B | ||
| Q4 24 | $7.5B | $16.7B | ||
| Q3 24 | $7.5B | $16.5B | ||
| Q2 24 | $7.3B | $16.4B |
负债/权益比CWKR
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 2.24× | ||
| Q3 25 | 1.45× | 2.35× | ||
| Q2 25 | 1.57× | 2.27× | ||
| Q1 25 | 1.70× | 2.21× | ||
| Q4 24 | 1.73× | 2.14× | ||
| Q3 24 | 1.81× | 2.17× | ||
| Q2 24 | 1.91× | 2.09× |
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 | $257.3M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $234.3M | $273.0M |
| 自由现金流率自由现金流/营收 | 8.0% | 8.7% |
| 资本支出强度资本支出/营收 | 0.8% | 13.7% |
| 现金转化率经营现金流/净利润 | — | 6.27× |
| 过去12个月自由现金流最近4个季度 | $293.0M | $595.0M |
8季度趋势，按日历期对齐
经营现金流CWKR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $257.3M | $749.0M | ||
| Q3 25 | $235.5M | $442.0M | ||
| Q2 25 | $9.6M | $752.0M | ||
| Q1 25 | $-162.0M | $651.0M | ||
| Q4 24 | $115.2M | $558.0M | ||
| Q3 24 | $196.1M | $629.0M | ||
| Q2 24 | $21.8M | $552.0M |
自由现金流CWKR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $234.3M | $344.0M | ||
| Q3 25 | $225.0M | $-85.0M | ||
| Q2 25 | $300.0K | $63.0M | ||
| Q1 25 | $-166.6M | $137.0M | ||
| Q4 24 | $105.9M | $-201.0M | ||
| Q3 24 | $186.7M | $30.0M | ||
| Q2 24 | $10.0M | $-87.0M |
自由现金流率CWKR
| Q1 26 | — | 8.7% | ||
| Q4 25 | 8.0% | 10.8% | ||
| Q3 25 | 8.6% | -2.7% | ||
| Q2 25 | 0.0% | 2.0% | ||
| Q1 25 | -7.3% | 4.4% | ||
| Q4 24 | 4.0% | -6.3% | ||
| Q3 24 | 8.0% | 0.9% | ||
| Q2 24 | 0.4% | -2.7% |
资本支出强度CWKR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 0.8% | 12.8% | ||
| Q3 25 | 0.4% | 16.6% | ||
| Q2 25 | 0.4% | 21.6% | ||
| Q1 25 | 0.2% | 16.4% | ||
| Q4 24 | 0.4% | 23.8% | ||
| Q3 24 | 0.4% | 18.9% | ||
| Q2 24 | 0.5% | 20.1% |
现金转化率CWKR
| Q1 26 | — | 6.27× | ||
| Q4 25 | — | 5.67× | ||
| Q3 25 | 4.58× | 3.20× | ||
| Q2 25 | 0.17× | 5.74× | ||
| Q1 25 | -85.26× | 6.64× | ||
| Q4 24 | 1.02× | 4.13× | ||
| Q3 24 | 5.82× | 4.43× | ||
| Q2 24 | 1.61× | 4.35× |
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
CWK
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.8B | 61% |
| Other | $1.1B | 39% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
