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陶氏公司（DOW）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
陶氏公司的季度营收约是RYDER SYSTEM INC的3.0倍（$9.5B vs $3.1B），RYDER SYSTEM INC同比增速更快（1.0% vs -9.3%），过去两年RYDER SYSTEM INC的营收复合增速更高（-0.9% vs -6.9%）
陶氏化学是总部位于美国密歇根州米德兰的跨国化工企业，2021年位列全球前三大化工生产商，为特拉华州注册的上市控股公司陶氏公司旗下运营子公司，其产品与解决方案广泛服务于制造业、消费品、基础设施建设等全球多个核心产业领域。
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。
DOW vs R — 直观对比
营收规模更大
DOW
是对方的3.0倍
$3.1B
营收增速更快
R
高出10.3%
-9.3%
两年增速更快
R
近两年复合增速
-6.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.5B | $3.1B |
| 净利润 | — | $93.0M |
| 毛利率 | 5.8% | — |
| 营业利润率 | — | — |
| 净利率 | — | 3.0% |
| 营收同比 | -9.3% | 1.0% |
| 净利润同比 | — | -5.1% |
| 每股收益（稀释后） | $-2.16 | $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DOWR
| Q1 26 | $9.5B | $3.1B | ||
| Q4 25 | $9.5B | $3.2B | ||
| Q3 25 | $10.0B | $3.2B | ||
| Q2 25 | $10.1B | $3.2B | ||
| Q1 25 | $10.4B | $3.1B | ||
| Q4 24 | $10.4B | $3.2B | ||
| Q3 24 | $10.9B | $3.2B | ||
| Q2 24 | $10.9B | $3.2B |
净利润DOWR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $-1.5B | $132.0M | ||
| Q3 25 | $62.0M | $138.0M | ||
| Q2 25 | $-835.0M | $131.0M | ||
| Q1 25 | $-307.0M | $98.0M | ||
| Q4 24 | $-35.0M | $135.0M | ||
| Q3 24 | $214.0M | $142.0M | ||
| Q2 24 | $439.0M | $127.0M |
毛利率DOWR
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.8% | — | ||
| Q3 25 | 7.3% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 9.8% | — | ||
| Q2 24 | 12.1% | — |
营业利润率DOWR
| Q1 26 | — | — | ||
| Q4 25 | -16.4% | 5.6% | ||
| Q3 25 | 0.7% | 6.0% | ||
| Q2 25 | -6.5% | 5.8% | ||
| Q1 25 | -3.6% | 4.3% | ||
| Q4 24 | 2.1% | 5.7% | ||
| Q3 24 | 3.0% | 5.9% | ||
| Q2 24 | 5.6% | 5.6% |
净利率DOWR
| Q1 26 | — | 3.0% | ||
| Q4 25 | -15.6% | 4.2% | ||
| Q3 25 | 0.6% | 4.4% | ||
| Q2 25 | -8.3% | 4.1% | ||
| Q1 25 | -2.9% | 3.1% | ||
| Q4 24 | -0.3% | 4.2% | ||
| Q3 24 | 2.0% | 4.5% | ||
| Q2 24 | 4.0% | 4.0% |
每股收益（稀释后）DOWR
| Q1 26 | $-2.16 | $2.34 | ||
| Q4 25 | $-2.16 | $3.22 | ||
| Q3 25 | $0.08 | $3.32 | ||
| Q2 25 | $-1.18 | $3.13 | ||
| Q1 25 | $-0.44 | $2.27 | ||
| Q4 24 | $-0.08 | $3.09 | ||
| Q3 24 | $0.30 | $3.24 | ||
| Q2 24 | $0.62 | $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 | $3.8B | $182.0M |
| 总债务越低越好 | $17.8B | — |
| 股东权益账面价值 | $16.0B | $2.9B |
| 总资产 | $58.5B | — |
| 负债/权益比越低杠杆越低 | 1.12× | — |
8季度趋势，按日历期对齐
现金及短期投资DOWR
| Q1 26 | $3.8B | $182.0M | ||
| Q4 25 | $3.8B | $198.0M | ||
| Q3 25 | $4.6B | $189.0M | ||
| Q2 25 | $2.4B | $180.0M | ||
| Q1 25 | $1.5B | $151.0M | ||
| Q4 24 | $2.2B | $154.0M | ||
| Q3 24 | $2.9B | $162.0M | ||
| Q2 24 | $3.3B | $164.0M |
总债务DOWR
| Q1 26 | $17.8B | — | ||
| Q4 25 | $17.8B | $6.8B | ||
| Q3 25 | $17.7B | $7.3B | ||
| Q2 25 | $16.2B | $7.0B | ||
| Q1 25 | $15.9B | $6.7B | ||
| Q4 24 | $15.7B | $6.7B | ||
| Q3 24 | $16.2B | $6.6B | ||
| Q2 24 | $16.0B | $6.5B |
股东权益DOWR
| Q1 26 | $16.0B | $2.9B | ||
| Q4 25 | $16.0B | $3.1B | ||
| Q3 25 | $17.5B | $3.1B | ||
| Q2 25 | $17.2B | $3.1B | ||
| Q1 25 | $16.8B | $3.0B | ||
| Q4 24 | $17.4B | $3.1B | ||
| Q3 24 | $18.3B | $3.1B | ||
| Q2 24 | $18.3B | $3.1B |
总资产DOWR
| Q1 26 | $58.5B | — | ||
| Q4 25 | $58.5B | $16.4B | ||
| Q3 25 | $61.0B | $16.5B | ||
| Q2 25 | $59.0B | $16.5B | ||
| Q1 25 | $57.5B | $16.4B | ||
| Q4 24 | $57.3B | $16.7B | ||
| Q3 24 | $59.4B | $16.5B | ||
| Q2 24 | $58.5B | $16.4B |
负债/权益比DOWR
| Q1 26 | 1.12× | — | ||
| Q4 25 | 1.12× | 2.24× | ||
| Q3 25 | 1.01× | 2.35× | ||
| Q2 25 | 0.94× | 2.27× | ||
| Q1 25 | 0.95× | 2.21× | ||
| Q4 24 | 0.91× | 2.14× | ||
| Q3 24 | 0.88× | 2.17× | ||
| Q2 24 | 0.87× | 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 | — | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 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 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流DOWR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $284.0M | $749.0M | ||
| Q3 25 | $1.1B | $442.0M | ||
| Q2 25 | $-470.0M | $752.0M | ||
| Q1 25 | $91.0M | $651.0M | ||
| Q4 24 | $814.0M | $558.0M | ||
| Q3 24 | $800.0M | $629.0M | ||
| Q2 24 | $836.0M | $552.0M |
自由现金流DOWR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $-284.0M | $344.0M | ||
| Q3 25 | $563.0M | $-85.0M | ||
| Q2 25 | $-1.1B | $63.0M | ||
| Q1 25 | $-594.0M | $137.0M | ||
| Q4 24 | $47.0M | $-201.0M | ||
| Q3 24 | $64.0M | $30.0M | ||
| Q2 24 | $113.0M | $-87.0M |
自由现金流率DOWR
| Q1 26 | — | 8.7% | ||
| Q4 25 | -3.0% | 10.8% | ||
| Q3 25 | 5.6% | -2.7% | ||
| Q2 25 | -11.2% | 2.0% | ||
| Q1 25 | -5.7% | 4.4% | ||
| Q4 24 | 0.5% | -6.3% | ||
| Q3 24 | 0.6% | 0.9% | ||
| Q2 24 | 1.0% | -2.7% |
资本支出强度DOWR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 6.0% | 12.8% | ||
| Q3 25 | 5.7% | 16.6% | ||
| Q2 25 | 6.6% | 21.6% | ||
| Q1 25 | 6.6% | 16.4% | ||
| Q4 24 | 7.4% | 23.8% | ||
| Q3 24 | 6.8% | 18.9% | ||
| Q2 24 | 6.6% | 20.1% |
现金转化率DOWR
| Q1 26 | — | 6.27× | ||
| Q4 25 | — | 5.67× | ||
| Q3 25 | 18.18× | 3.20× | ||
| Q2 25 | — | 5.74× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | 3.74× | 4.43× | ||
| Q2 24 | 1.90× | 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
DOW
暂无分部数据
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
