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艾默生（EMR）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
艾默生的季度营收约是RYDER SYSTEM INC的1.4倍（$4.3B vs $3.1B），艾默生净利率更高（13.9% vs 3.0%，领先10.9%），艾默生同比增速更快（4.1% vs 1.0%），艾默生自由现金流更多（$602.0M vs $273.0M），过去两年艾默生的营收复合增速更高（-0.3% vs -0.9%）
艾默生是总部位于美国密苏里州圣路易斯的世界500强跨国企业，业务涵盖工业自动化设备、暖通控制系统、精密测量仪器的研发制造，同时面向工业、商业、消费级市场提供工程服务及对应软件工程解决方案。
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。
EMR vs R — 直观对比
营收规模更大
EMR
是对方的1.4倍
$3.1B
营收增速更快
EMR
高出3.1%
1.0%
净利率更高
EMR
高出10.9%
3.0%
自由现金流更多
EMR
多$329.0M
$273.0M
两年增速更快
EMR
近两年复合增速
-0.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $3.1B |
| 净利润 | $605.0M | $93.0M |
| 毛利率 | 53.2% | — |
| 营业利润率 | 17.8% | — |
| 净利率 | 13.9% | 3.0% |
| 营收同比 | 4.1% | 1.0% |
| 净利润同比 | 3.4% | -5.1% |
| 每股收益（稀释后） | $1.07 | $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EMRR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $4.3B | $3.2B | ||
| Q3 25 | $4.9B | $3.2B | ||
| Q2 25 | $4.6B | $3.2B | ||
| Q1 25 | $4.4B | $3.1B | ||
| Q4 24 | $4.2B | $3.2B | ||
| Q3 24 | $4.6B | $3.2B | ||
| Q2 24 | $4.4B | $3.2B |
净利润EMRR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $605.0M | $132.0M | ||
| Q3 25 | $637.0M | $138.0M | ||
| Q2 25 | $586.0M | $131.0M | ||
| Q1 25 | $485.0M | $98.0M | ||
| Q4 24 | $585.0M | $135.0M | ||
| Q3 24 | $996.0M | $142.0M | ||
| Q2 24 | $329.0M | $127.0M |
毛利率EMRR
| Q1 26 | — | — | ||
| Q4 25 | 53.2% | — | ||
| Q3 25 | 51.9% | — | ||
| Q2 25 | 52.6% | — | ||
| Q1 25 | 53.5% | — | ||
| Q4 24 | 53.5% | — | ||
| Q3 24 | 51.3% | — | ||
| Q2 24 | 52.8% | — |
营业利润率EMRR
| Q1 26 | — | — | ||
| Q4 25 | 17.8% | 5.6% | ||
| Q3 25 | 16.4% | 6.0% | ||
| Q2 25 | 16.1% | 5.8% | ||
| Q1 25 | 14.2% | 4.3% | ||
| Q4 24 | 18.6% | 5.7% | ||
| Q3 24 | 14.7% | 5.9% | ||
| Q2 24 | 10.4% | 5.6% |
净利率EMRR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 13.9% | 4.2% | ||
| Q3 25 | 13.1% | 4.4% | ||
| Q2 25 | 12.9% | 4.1% | ||
| Q1 25 | 10.9% | 3.1% | ||
| Q4 24 | 14.0% | 4.2% | ||
| Q3 24 | 21.6% | 4.5% | ||
| Q2 24 | 7.5% | 4.0% |
每股收益（稀释后）EMRR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $1.07 | $3.22 | ||
| Q3 25 | $1.12 | $3.32 | ||
| Q2 25 | $1.04 | $3.13 | ||
| Q1 25 | $0.86 | $2.27 | ||
| Q4 24 | $1.02 | $3.09 | ||
| Q3 24 | $1.74 | $3.24 | ||
| Q2 24 | $0.57 | $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 | — | $182.0M |
| 总债务越低越好 | $7.6B | — |
| 股东权益账面价值 | $20.3B | $2.9B |
| 总资产 | $41.9B | — |
| 负债/权益比越低杠杆越低 | 0.37× | — |
8季度趋势，按日历期对齐
现金及短期投资EMRR
| Q1 26 | — | $182.0M | ||
| Q4 25 | — | $198.0M | ||
| Q3 25 | — | $189.0M | ||
| Q2 25 | — | $180.0M | ||
| Q1 25 | — | $151.0M | ||
| Q4 24 | — | $154.0M | ||
| Q3 24 | — | $162.0M | ||
| Q2 24 | — | $164.0M |
总债务EMRR
| Q1 26 | — | — | ||
| Q4 25 | $7.6B | $6.8B | ||
| Q3 25 | $8.9B | $7.3B | ||
| Q2 25 | $8.3B | $7.0B | ||
| Q1 25 | $8.2B | $6.7B | ||
| Q4 24 | $6.6B | $6.7B | ||
| Q3 24 | $7.7B | $6.6B | ||
| Q2 24 | $7.1B | $6.5B |
股东权益EMRR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $20.3B | $3.1B | ||
| Q3 25 | $20.3B | $3.1B | ||
| Q2 25 | $19.9B | $3.1B | ||
| Q1 25 | $19.2B | $3.0B | ||
| Q4 24 | $20.5B | $3.1B | ||
| Q3 24 | $21.6B | $3.1B | ||
| Q2 24 | $20.8B | $3.1B |
总资产EMRR
| Q1 26 | — | — | ||
| Q4 25 | $41.9B | $16.4B | ||
| Q3 25 | $42.0B | $16.5B | ||
| Q2 25 | $42.5B | $16.5B | ||
| Q1 25 | $42.0B | $16.4B | ||
| Q4 24 | $42.6B | $16.7B | ||
| Q3 24 | $44.2B | $16.5B | ||
| Q2 24 | $45.6B | $16.4B |
负债/权益比EMRR
| Q1 26 | — | — | ||
| Q4 25 | 0.37× | 2.24× | ||
| Q3 25 | 0.44× | 2.35× | ||
| Q2 25 | 0.42× | 2.27× | ||
| Q1 25 | 0.42× | 2.21× | ||
| Q4 24 | 0.32× | 2.14× | ||
| Q3 24 | 0.36× | 2.17× | ||
| Q2 24 | 0.34× | 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 | $699.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $602.0M | $273.0M |
| 自由现金流率自由现金流/营收 | 13.9% | 8.7% |
| 资本支出强度资本支出/营收 | 2.2% | 13.7% |
| 现金转化率经营现金流/净利润 | 1.16× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $595.0M |
8季度趋势，按日历期对齐
经营现金流EMRR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $699.0M | $749.0M | ||
| Q3 25 | $3.1B | $442.0M | ||
| Q2 25 | $1.1B | $752.0M | ||
| Q1 25 | $241.0M | $651.0M | ||
| Q4 24 | $777.0M | $558.0M | ||
| Q3 24 | $3.3B | $629.0M | ||
| Q2 24 | $1.1B | $552.0M |
自由现金流EMRR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $602.0M | $344.0M | ||
| Q3 25 | $2.7B | $-85.0M | ||
| Q2 25 | $977.0M | $63.0M | ||
| Q1 25 | $154.0M | $137.0M | ||
| Q4 24 | $694.0M | $-201.0M | ||
| Q3 24 | $2.9B | $30.0M | ||
| Q2 24 | $998.0M | $-87.0M |
自由现金流率EMRR
| Q1 26 | — | 8.7% | ||
| Q4 25 | 13.9% | 10.8% | ||
| Q3 25 | 54.9% | -2.7% | ||
| Q2 25 | 21.5% | 2.0% | ||
| Q1 25 | 3.5% | 4.4% | ||
| Q4 24 | 16.6% | -6.3% | ||
| Q3 24 | 63.1% | 0.9% | ||
| Q2 24 | 22.8% | -2.7% |
资本支出强度EMRR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 2.2% | 12.8% | ||
| Q3 25 | 8.9% | 16.6% | ||
| Q2 25 | 2.0% | 21.6% | ||
| Q1 25 | 2.0% | 16.4% | ||
| Q4 24 | 2.0% | 23.8% | ||
| Q3 24 | 9.1% | 18.9% | ||
| Q2 24 | 2.1% | 20.1% |
现金转化率EMRR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 1.16× | 5.67× | ||
| Q3 25 | 4.86× | 3.20× | ||
| Q2 25 | 1.83× | 5.74× | ||
| Q1 25 | 0.50× | 6.64× | ||
| Q4 24 | 1.33× | 4.13× | ||
| Q3 24 | 3.35× | 4.43× | ||
| Q2 24 | 3.31× | 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
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
