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Equinix（EQIX）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Equinix的1.3倍（$3.1B vs $2.4B），RYDER SYSTEM INC净利率更高（3.0% vs 0.0%，领先3.0%），Equinix同比增速更快（9.0% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $-596.0M），过去两年Equinix的营收复合增速更高（5.4% vs -0.9%）
Equinix是总部位于美国加利福尼亚州雷德伍德城的跨国企业，主营互联网连接服务与数据中心托管业务，旗下数据中心此前常被业内称为“运营商酒店”，2015年1月公司正式转型为房地产投资信托基金（REIT）。
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。
EQIX vs R — 直观对比
营收规模更大
R
是对方的1.3倍
$2.4B
营收增速更快
EQIX
高出8.0%
1.0%
净利率更高
R
高出3.0%
0.0%
自由现金流更多
R
多$869.0M
$-596.0M
两年增速更快
EQIX
近两年复合增速
-0.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.1B |
| 净利润 | $415.0K | $93.0M |
| 毛利率 | 0.1% | — |
| 营业利润率 | 0.0% | — |
| 净利率 | 0.0% | 3.0% |
| 营收同比 | 9.0% | 1.0% |
| 净利润同比 | 21.0% | -5.1% |
| 每股收益（稀释后） | $0.00 | $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EQIXR
| Q2 26 | $2.4B | — | ||
| Q1 26 | $2.4B | $3.1B | ||
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.3B | $3.2B | ||
| Q2 25 | $2.3B | $3.2B | ||
| Q1 25 | $2.2B | $3.1B | ||
| Q4 24 | $2.3B | $3.2B | ||
| Q3 24 | $2.2B | $3.2B |
净利润EQIXR
| Q2 26 | $415.0K | — | ||
| Q1 26 | $265.0M | $93.0M | ||
| Q4 25 | $265.0M | $132.0M | ||
| Q3 25 | $374.0M | $138.0M | ||
| Q2 25 | $368.0M | $131.0M | ||
| Q1 25 | $343.0M | $98.0M | ||
| Q4 24 | $-14.0M | $135.0M | ||
| Q3 24 | $297.0M | $142.0M |
毛利率EQIXR
| Q2 26 | 0.1% | — | ||
| Q1 26 | 50.5% | — | ||
| Q4 25 | 50.5% | — | ||
| Q3 25 | 50.7% | — | ||
| Q2 25 | 52.0% | — | ||
| Q1 25 | 51.3% | — | ||
| Q4 24 | 47.1% | — | ||
| Q3 24 | 50.1% | — |
营业利润率EQIXR
| Q2 26 | 0.0% | — | ||
| Q1 26 | 17.4% | — | ||
| Q4 25 | 17.4% | 5.6% | ||
| Q3 25 | 20.5% | 6.0% | ||
| Q2 25 | 21.9% | 5.8% | ||
| Q1 25 | 20.6% | 4.3% | ||
| Q4 24 | 4.6% | 5.7% | ||
| Q3 24 | 19.3% | 5.9% |
净利率EQIXR
| Q2 26 | 0.0% | — | ||
| Q1 26 | 11.0% | 3.0% | ||
| Q4 25 | 11.0% | 4.2% | ||
| Q3 25 | 16.1% | 4.4% | ||
| Q2 25 | 16.3% | 4.1% | ||
| Q1 25 | 15.4% | 3.1% | ||
| Q4 24 | -0.6% | 4.2% | ||
| Q3 24 | 13.5% | 4.5% |
每股收益（稀释后）EQIXR
| Q2 26 | $0.00 | — | ||
| Q1 26 | $2.70 | $2.34 | ||
| Q4 25 | $2.70 | $3.22 | ||
| Q3 25 | $3.81 | $3.32 | ||
| Q2 25 | $3.75 | $3.13 | ||
| Q1 25 | $3.50 | $2.27 | ||
| Q4 24 | $-0.19 | $3.09 | ||
| Q3 24 | $3.10 | $3.24 |
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 | $3.1B | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $14.3B | $2.9B |
| 总资产 | $40.9B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资EQIXR
| Q2 26 | $3.1B | — | ||
| Q1 26 | $3.2B | $182.0M | ||
| Q4 25 | $3.2B | $198.0M | ||
| Q3 25 | $2.9B | $189.0M | ||
| Q2 25 | $4.5B | $180.0M | ||
| Q1 25 | $3.7B | $151.0M | ||
| Q4 24 | $3.6B | $154.0M | ||
| Q3 24 | $3.2B | $162.0M |
总债务EQIXR
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | $17.3B | $7.3B | ||
| Q2 25 | $18.1B | $7.0B | ||
| Q1 25 | $15.9B | $6.7B | ||
| Q4 24 | $15.3B | $6.7B | ||
| Q3 24 | $15.4B | $6.6B |
股东权益EQIXR
| Q2 26 | $14.3B | — | ||
| Q1 26 | $14.2B | $2.9B | ||
| Q4 25 | $14.2B | $3.1B | ||
| Q3 25 | $14.2B | $3.1B | ||
| Q2 25 | $14.1B | $3.1B | ||
| Q1 25 | $13.9B | $3.0B | ||
| Q4 24 | $13.5B | $3.1B | ||
| Q3 24 | $13.6B | $3.1B |
总资产EQIXR
| Q2 26 | $40.9B | — | ||
| Q1 26 | $40.1B | — | ||
| Q4 25 | $40.1B | $16.4B | ||
| Q3 25 | $38.1B | $16.5B | ||
| Q2 25 | $38.8B | $16.5B | ||
| Q1 25 | $36.1B | $16.4B | ||
| Q4 24 | $35.1B | $16.7B | ||
| Q3 24 | $35.4B | $16.5B |
负债/权益比EQIXR
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | 1.22× | 2.35× | ||
| Q2 25 | 1.28× | 2.27× | ||
| Q1 25 | 1.14× | 2.21× | ||
| Q4 24 | 1.13× | 2.14× | ||
| Q3 24 | 1.13× | 2.17× |
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 | $717.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $-596.0M | $273.0M |
| 自由现金流率自由现金流/营收 | -24.4% | 8.7% |
| 资本支出强度资本支出/营收 | 0.0% | 13.7% |
| 现金转化率经营现金流/净利润 | 1727.71× | 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EQIXR
| Q2 26 | $717.0M | — | ||
| Q1 26 | — | $583.0M | ||
| Q4 25 | $1.1B | $749.0M | ||
| Q3 25 | $1.0B | $442.0M | ||
| Q2 25 | $944.0M | $752.0M | ||
| Q1 25 | $809.0M | $651.0M | ||
| Q4 24 | $981.0M | $558.0M | ||
| Q3 24 | $758.0M | $629.0M |
自由现金流EQIXR
| Q2 26 | $-596.0M | — | ||
| Q1 26 | — | $273.0M | ||
| Q4 25 | $-292.0M | $344.0M | ||
| Q3 25 | $-122.0M | $-85.0M | ||
| Q2 25 | $-45.0M | $63.0M | ||
| Q1 25 | $59.0M | $137.0M | ||
| Q4 24 | $-6.0M | $-201.0M | ||
| Q3 24 | $34.0M | $30.0M |
自由现金流率EQIXR
| Q2 26 | -24.4% | — | ||
| Q1 26 | — | 8.7% | ||
| Q4 25 | -12.1% | 10.8% | ||
| Q3 25 | -5.3% | -2.7% | ||
| Q2 25 | -2.0% | 2.0% | ||
| Q1 25 | 2.7% | 4.4% | ||
| Q4 24 | -0.3% | -6.3% | ||
| Q3 24 | 1.5% | 0.9% |
资本支出强度EQIXR
| Q2 26 | 0.0% | — | ||
| Q1 26 | — | 13.7% | ||
| Q4 25 | 59.3% | 12.8% | ||
| Q3 25 | 49.1% | 16.6% | ||
| Q2 25 | 43.8% | 21.6% | ||
| Q1 25 | 33.7% | 16.4% | ||
| Q4 24 | 43.7% | 23.8% | ||
| Q3 24 | 32.9% | 18.9% |
现金转化率EQIXR
| Q2 26 | 1727.71× | — | ||
| Q1 26 | — | 6.27× | ||
| Q4 25 | 4.32× | 5.67× | ||
| Q3 25 | 2.71× | 3.20× | ||
| Q2 25 | 2.57× | 5.74× | ||
| Q1 25 | 2.36× | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | 2.55× | 4.43× |
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
EQIX
| Recurring revenues | $1.0B | 43% |
| Colocation | $731.0M | 30% |
| Other | $314.0M | 13% |
| Interconnection | $251.0M | 10% |
| Managed infrastructure | $57.0M | 2% |
| Non-recurring revenues | $45.0M | 2% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
