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Leonardo DRS, Inc.（DRS）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Leonardo DRS, Inc.的1.6倍（$1.7B vs $1.1B），Leonardo DRS, Inc.净利率更高（9.6% vs 3.7%，领先6.0%），Leonardo DRS, Inc.同比增速更快（8.1% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $376.0M），过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% vs -6.8%）
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
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。
DRS vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.6倍
$1.1B
营收增速更快
DRS
高出17.1%
-9.0%
净利率更高
DRS
高出6.0%
3.7%
自由现金流更多
RUSHA
多$35.6M
$376.0M
两年增速更快
DRS
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $102.0M | $61.7M |
| 毛利率 | 25.4% | 20.4% |
| 营业利润率 | 11.9% | 4.9% |
| 净利率 | 9.6% | 3.7% |
| 营收同比 | 8.1% | -9.0% |
| 净利润同比 | 14.6% | 1.8% |
| 每股收益（稀释后） | $0.38 | $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DRSRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $960.0M | $1.8B | ||
| Q2 25 | $829.0M | $1.8B | ||
| Q1 25 | $799.0M | $1.8B | ||
| Q4 24 | $981.0M | $1.9B | ||
| Q3 24 | $812.0M | $1.8B | ||
| Q2 24 | $753.0M | $1.9B |
净利润DRSRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $102.0M | $64.3M | ||
| Q3 25 | $72.0M | $66.7M | ||
| Q2 25 | $54.0M | $72.4M | ||
| Q1 25 | $50.0M | $60.3M | ||
| Q4 24 | $89.0M | $74.8M | ||
| Q3 24 | $57.0M | $79.1M | ||
| Q2 24 | $38.0M | $78.7M |
毛利率DRSRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 25.4% | 20.8% | ||
| Q3 25 | 23.1% | 21.0% | ||
| Q2 25 | 23.8% | 20.7% | ||
| Q1 25 | 22.7% | 20.3% | ||
| Q4 24 | 24.0% | 19.3% | ||
| Q3 24 | 22.0% | 21.0% | ||
| Q2 24 | 22.4% | 20.2% |
营业利润率DRSRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 11.9% | 5.5% | ||
| Q3 25 | 9.7% | 5.6% | ||
| Q2 25 | 8.4% | 6.0% | ||
| Q1 25 | 7.4% | 5.2% | ||
| Q4 24 | 12.2% | 5.8% | ||
| Q3 24 | 9.2% | 6.7% | ||
| Q2 24 | 7.3% | 6.4% |
净利率DRSRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 9.6% | 3.8% | ||
| Q3 25 | 7.5% | 3.7% | ||
| Q2 25 | 6.5% | 3.9% | ||
| Q1 25 | 6.3% | 3.4% | ||
| Q4 24 | 9.1% | 3.9% | ||
| Q3 24 | 7.0% | 4.4% | ||
| Q2 24 | 5.0% | 4.1% |
每股收益（稀释后）DRSRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.38 | $0.81 | ||
| Q3 25 | $0.26 | $0.83 | ||
| Q2 25 | $0.20 | $0.90 | ||
| Q1 25 | $0.19 | $0.73 | ||
| Q4 24 | $0.34 | $-95.13 | ||
| Q3 24 | $0.21 | $0.97 | ||
| Q2 24 | $0.14 | $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 | $647.0M | — |
| 总债务越低越好 | $321.0M | $277.8M |
| 股东权益账面价值 | $2.7B | $2.3B |
| 总资产 | $4.5B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.12× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资DRSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $212.6M | ||
| Q3 25 | $309.0M | $242.0M | ||
| Q2 25 | $278.0M | $211.1M | ||
| Q1 25 | $380.0M | $228.7M | ||
| Q4 24 | $598.0M | $228.1M | ||
| Q3 24 | $198.0M | $185.1M | ||
| Q2 24 | $149.0M | $167.3M |
总债务DRSRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $321.0M | $274.8M | ||
| Q3 25 | $326.0M | — | ||
| Q2 25 | $331.0M | — | ||
| Q1 25 | $335.0M | — | ||
| Q4 24 | $340.0M | $408.4M | ||
| Q3 24 | $345.0M | — | ||
| Q2 24 | $351.0M | — |
股东权益DRSRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.6B | $2.2B | ||
| Q1 25 | $2.6B | $2.2B | ||
| Q4 24 | $2.6B | $2.1B | ||
| Q3 24 | $2.5B | $2.1B | ||
| Q2 24 | $2.4B | $2.0B |
总资产DRSRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $4.5B | $4.4B | ||
| Q3 25 | $4.2B | $4.6B | ||
| Q2 25 | $4.1B | $4.7B | ||
| Q1 25 | $4.1B | $4.7B | ||
| Q4 24 | $4.2B | $4.6B | ||
| Q3 24 | $3.9B | $4.6B | ||
| Q2 24 | $3.8B | $4.5B |
负债/权益比DRSRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.12× | 0.12× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.13× | 0.19× | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.15× | — |
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 | $425.0M | — |
| 自由现金流经营现金流 - 资本支出 | $376.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 35.5% | 24.4% |
| 资本支出强度资本支出/营收 | 4.6% | 2.0% |
| 现金转化率经营现金流/净利润 | 4.17× | — |
| 过去12个月自由现金流最近4个季度 | $227.0M | $828.4M |
8季度趋势，按日历期对齐
经营现金流DRSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $425.0M | $112.9M | ||
| Q3 25 | $107.0M | $367.8M | ||
| Q2 25 | $-28.0M | $227.6M | ||
| Q1 25 | $-138.0M | $153.5M | ||
| Q4 24 | $443.0M | $392.3M | ||
| Q3 24 | $59.0M | $111.7M | ||
| Q2 24 | $34.0M | $270.6M |
自由现金流DRSRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $376.0M | $31.9M | ||
| Q3 25 | $77.0M | $271.2M | ||
| Q2 25 | $-56.0M | $113.8M | ||
| Q1 25 | $-170.0M | $45.1M | ||
| Q4 24 | $414.0M | $263.5M | ||
| Q3 24 | $47.0M | $-20.0M | ||
| Q2 24 | $0 | $177.2M |
自由现金流率DRSRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 35.5% | 1.9% | ||
| Q3 25 | 8.0% | 15.2% | ||
| Q2 25 | -6.8% | 6.2% | ||
| Q1 25 | -21.3% | 2.6% | ||
| Q4 24 | 42.2% | 13.7% | ||
| Q3 24 | 5.8% | -1.1% | ||
| Q2 24 | 0.0% | 9.1% |
资本支出强度DRSRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 4.6% | 4.8% | ||
| Q3 25 | 3.1% | 5.4% | ||
| Q2 25 | 3.4% | 6.2% | ||
| Q1 25 | 4.0% | 6.2% | ||
| Q4 24 | 3.0% | 6.7% | ||
| Q3 24 | 1.5% | 7.3% | ||
| Q2 24 | 4.5% | 4.8% |
现金转化率DRSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 4.17× | 1.75× | ||
| Q3 25 | 1.49× | 5.51× | ||
| Q2 25 | -0.52× | 3.14× | ||
| Q1 25 | -2.76× | 2.55× | ||
| Q4 24 | 4.98× | 5.25× | ||
| Q3 24 | 1.04× | 1.41× | ||
| Q2 24 | 0.89× | 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
DRS
暂无分部数据
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% |
