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Equitable Holdings, Inc.（EQH）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
Equitable Holdings, Inc.的季度营收约是RUSH ENTERPRISES INC \TX\的1.9倍（$3.3B vs $1.7B），Equitable Holdings, Inc.净利率更高（6.6% vs 3.7%，领先2.9%），RUSH ENTERPRISES INC \TX\同比增速更快（-9.0% vs -9.5%），过去两年Equitable Holdings, Inc.的营收复合增速更高（21.2% vs -6.8%）
Equitable Holdings, Inc.是美国领先的金融服务与保险企业，1859年由亨利·鲍德温·海德创立，业务覆盖保险、财富管理等多元金融领域，拥有逾百年发展历史，在全球金融服务市场具备深厚的行业积淀与广泛的客户基础。
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。
EQH vs RUSHA — 直观对比
营收规模更大
EQH
是对方的1.9倍
$1.7B
营收增速更快
RUSHA
高出0.5%
-9.5%
净利率更高
EQH
高出2.9%
3.7%
两年增速更快
EQH
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.7B |
| 净利润 | $215.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 10.5% | 4.9% |
| 净利率 | 6.6% | 3.7% |
| 营收同比 | -9.5% | -9.0% |
| 净利润同比 | -76.1% | 1.8% |
| 每股收益（稀释后） | $0.69 | $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EQHRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.3B | $1.7B | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $2.4B | $1.8B | ||
| Q1 25 | $4.6B | $1.8B | ||
| Q4 24 | $3.6B | $1.9B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $3.5B | $1.9B |
净利润EQHRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $215.0M | $64.3M | ||
| Q3 25 | $-1.3B | $66.7M | ||
| Q2 25 | $-349.0M | $72.4M | ||
| Q1 25 | $63.0M | $60.3M | ||
| Q4 24 | $899.0M | $74.8M | ||
| Q3 24 | $-134.0M | $79.1M | ||
| Q2 24 | $428.0M | $78.7M |
毛利率EQHRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
营业利润率EQHRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 10.5% | 5.5% | ||
| Q3 25 | -93.0% | 5.6% | ||
| Q2 25 | -15.4% | 6.0% | ||
| Q1 25 | 3.8% | 5.2% | ||
| Q4 24 | 33.1% | 5.8% | ||
| Q3 24 | -0.5% | 6.7% | ||
| Q2 24 | 19.4% | 6.4% |
净利率EQHRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 6.6% | 3.8% | ||
| Q3 25 | -90.3% | 3.7% | ||
| Q2 25 | -14.8% | 3.9% | ||
| Q1 25 | 1.4% | 3.4% | ||
| Q4 24 | 24.8% | 3.9% | ||
| Q3 24 | -4.4% | 4.4% | ||
| Q2 24 | 12.2% | 4.1% |
每股收益（稀释后）EQHRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.69 | $0.81 | ||
| Q3 25 | $-4.47 | $0.83 | ||
| Q2 25 | $-1.21 | $0.90 | ||
| Q1 25 | $0.16 | $0.73 | ||
| Q4 24 | $2.72 | $-95.13 | ||
| Q3 24 | $-0.47 | $0.97 | ||
| Q2 24 | $1.23 | $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 | $12.5B | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $-74.0M | $2.3B |
| 总资产 | $318.0B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资EQHRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $12.5B | $212.6M | ||
| Q3 25 | $13.6B | $242.0M | ||
| Q2 25 | $15.0B | $211.1M | ||
| Q1 25 | $8.2B | $228.7M | ||
| Q4 24 | $7.0B | $228.1M | ||
| Q3 24 | $9.6B | $185.1M | ||
| Q2 24 | $9.7B | $167.3M |
总债务EQHRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EQHRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $-74.0M | $2.2B | ||
| Q3 25 | $148.0M | $2.2B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $2.4B | $2.2B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $1.6B | $2.0B |
总资产EQHRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $318.0B | $4.4B | ||
| Q3 25 | $314.4B | $4.6B | ||
| Q2 25 | $303.1B | $4.7B | ||
| Q1 25 | $287.4B | $4.7B | ||
| Q4 24 | $295.9B | $4.6B | ||
| Q3 24 | $299.0B | $4.6B | ||
| Q2 24 | $287.8B | $4.5B |
负债/权益比EQHRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-154.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | $411.6M |
| 自由现金流率自由现金流/营收 | — | 24.4% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | -0.72× | — |
| 过去12个月自由现金流最近4个季度 | — | $828.4M |
8季度趋势，按日历期对齐
经营现金流EQHRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $-154.0M | $112.9M | ||
| Q3 25 | $369.0M | $367.8M | ||
| Q2 25 | $341.0M | $227.6M | ||
| Q1 25 | $158.0M | $153.5M | ||
| Q4 24 | $400.0M | $392.3M | ||
| Q3 24 | $683.0M | $111.7M | ||
| Q2 24 | $892.0M | $270.6M |
自由现金流EQHRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | — | $31.9M | ||
| Q3 25 | — | $271.2M | ||
| Q2 25 | — | $113.8M | ||
| Q1 25 | — | $45.1M | ||
| Q4 24 | — | $263.5M | ||
| Q3 24 | — | $-20.0M | ||
| Q2 24 | — | $177.2M |
自由现金流率EQHRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 15.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | — | -1.1% | ||
| Q2 24 | — | 9.1% |
资本支出强度EQHRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 4.8% |
现金转化率EQHRUSHA
| Q1 26 | — | — | ||
| Q4 25 | -0.72× | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | 2.51× | 2.55× | ||
| Q4 24 | 0.44× | 5.25× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | 2.08× | 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
EQH
| Other | $1.5B | 46% |
| Asset Management | $1.2B | 37% |
| Wealth Management | $545.0M | 17% |
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% |
