vs
Expand Energy（EXE）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
Expand Energy的季度营收约是RYDER SYSTEM INC的1.0倍（$3.3B vs $3.1B），Expand Energy净利率更高（16.9% vs 3.0%，领先13.9%），Expand Energy同比增速更快（63.5% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $215.0M），过去两年Expand Energy的营收复合增速更高（29.6% vs -0.9%）
Expand Energy是按净日产量统计的美国最大独立天然气生产商，总部位于俄克拉荷马城，运营范围覆盖宾夕法尼亚州、西弗吉尼亚州境内马塞勒斯地层的阿巴拉契亚盆地，以及路易斯安那州西北部的海恩斯维尔页岩区块。
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。
EXE vs R — 直观对比
营收规模更大
EXE
是对方的1.0倍
$3.1B
营收增速更快
EXE
高出62.5%
1.0%
净利率更高
EXE
高出13.9%
3.0%
自由现金流更多
R
多$58.0M
$215.0M
两年增速更快
EXE
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $3.1B |
| 净利润 | $553.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 22.8% | — |
| 净利率 | 16.9% | 3.0% |
| 营收同比 | 63.5% | 1.0% |
| 净利润同比 | 238.6% | -5.1% |
| 每股收益（稀释后） | $2.33 | $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EXER
| Q1 26 | — | $3.1B | ||
| Q4 25 | $3.3B | $3.2B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $3.7B | $3.2B | ||
| Q1 25 | $2.2B | $3.1B | ||
| Q4 24 | $2.0B | $3.2B | ||
| Q3 24 | $648.0M | $3.2B | ||
| Q2 24 | — | $3.2B |
净利润EXER
| Q1 26 | — | $93.0M | ||
| Q4 25 | $553.0M | $132.0M | ||
| Q3 25 | $547.0M | $138.0M | ||
| Q2 25 | $968.0M | $131.0M | ||
| Q1 25 | $-249.0M | $98.0M | ||
| Q4 24 | $-399.0M | $135.0M | ||
| Q3 24 | $-114.0M | $142.0M | ||
| Q2 24 | — | $127.0M |
营业利润率EXER
| Q1 26 | — | — | ||
| Q4 25 | 22.8% | 5.6% | ||
| Q3 25 | 24.4% | 6.0% | ||
| Q2 25 | 34.4% | 5.8% | ||
| Q1 25 | -12.2% | 4.3% | ||
| Q4 24 | -19.3% | 5.7% | ||
| Q3 24 | -23.9% | 5.9% | ||
| Q2 24 | — | 5.6% |
净利率EXER
| Q1 26 | — | 3.0% | ||
| Q4 25 | 16.9% | 4.2% | ||
| Q3 25 | 18.4% | 4.4% | ||
| Q2 25 | 26.2% | 4.1% | ||
| Q1 25 | -11.3% | 3.1% | ||
| Q4 24 | -19.9% | 4.2% | ||
| Q3 24 | -17.6% | 4.5% | ||
| Q2 24 | — | 4.0% |
每股收益（稀释后）EXER
| Q1 26 | — | $2.34 | ||
| Q4 25 | $2.33 | $3.22 | ||
| Q3 25 | $2.28 | $3.32 | ||
| Q2 25 | $4.02 | $3.13 | ||
| Q1 25 | $-1.06 | $2.27 | ||
| Q4 24 | $-2.15 | $3.09 | ||
| Q3 24 | $-0.85 | $3.24 | ||
| Q2 24 | — | $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 | $616.0M | $182.0M |
| 总债务越低越好 | $5.0B | — |
| 股东权益账面价值 | $18.6B | $2.9B |
| 总资产 | $28.3B | — |
| 负债/权益比越低杠杆越低 | 0.27× | — |
8季度趋势，按日历期对齐
现金及短期投资EXER
| Q1 26 | — | $182.0M | ||
| Q4 25 | $616.0M | $198.0M | ||
| Q3 25 | $613.0M | $189.0M | ||
| Q2 25 | $731.0M | $180.0M | ||
| Q1 25 | $349.0M | $151.0M | ||
| Q4 24 | $317.0M | $154.0M | ||
| Q3 24 | $1.0B | $162.0M | ||
| Q2 24 | — | $164.0M |
总债务EXER
| Q1 26 | — | — | ||
| Q4 25 | $5.0B | $6.8B | ||
| Q3 25 | $5.0B | $7.3B | ||
| Q2 25 | $5.1B | $7.0B | ||
| Q1 25 | $5.2B | $6.7B | ||
| Q4 24 | $5.7B | $6.7B | ||
| Q3 24 | — | $6.6B | ||
| Q2 24 | — | $6.5B |
股东权益EXER
| Q1 26 | — | $2.9B | ||
| Q4 25 | $18.6B | $3.1B | ||
| Q3 25 | $18.1B | $3.1B | ||
| Q2 25 | $17.9B | $3.1B | ||
| Q1 25 | $17.2B | $3.0B | ||
| Q4 24 | $17.6B | $3.1B | ||
| Q3 24 | $10.2B | $3.1B | ||
| Q2 24 | — | $3.1B |
总资产EXER
| Q1 26 | — | — | ||
| Q4 25 | $28.3B | $16.4B | ||
| Q3 25 | $27.6B | $16.5B | ||
| Q2 25 | $27.8B | $16.5B | ||
| Q1 25 | $27.9B | $16.4B | ||
| Q4 24 | $27.9B | $16.7B | ||
| Q3 24 | $13.4B | $16.5B | ||
| Q2 24 | — | $16.4B |
负债/权益比EXER
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | 2.24× | ||
| Q3 25 | 0.28× | 2.35× | ||
| Q2 25 | 0.29× | 2.27× | ||
| Q1 25 | 0.30× | 2.21× | ||
| Q4 24 | 0.32× | 2.14× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 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 | $956.0M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $215.0M | $273.0M |
| 自由现金流率自由现金流/营收 | 6.6% | 8.7% |
| 资本支出强度资本支出/营收 | 22.6% | 13.7% |
| 现金转化率经营现金流/净利润 | 1.73× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $1.8B | $595.0M |
8季度趋势，按日历期对齐
经营现金流EXER
| Q1 26 | — | $583.0M | ||
| Q4 25 | $956.0M | $749.0M | ||
| Q3 25 | $1.2B | $442.0M | ||
| Q2 25 | $1.3B | $752.0M | ||
| Q1 25 | $1.1B | $651.0M | ||
| Q4 24 | $382.0M | $558.0M | ||
| Q3 24 | $422.0M | $629.0M | ||
| Q2 24 | — | $552.0M |
自由现金流EXER
| Q1 26 | — | $273.0M | ||
| Q4 25 | $215.0M | $344.0M | ||
| Q3 25 | $426.0M | $-85.0M | ||
| Q2 25 | $665.0M | $63.0M | ||
| Q1 25 | $533.0M | $137.0M | ||
| Q4 24 | $-154.0M | $-201.0M | ||
| Q3 24 | $124.0M | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率EXER
| Q1 26 | — | 8.7% | ||
| Q4 25 | 6.6% | 10.8% | ||
| Q3 25 | 14.4% | -2.7% | ||
| Q2 25 | 18.0% | 2.0% | ||
| Q1 25 | 24.3% | 4.4% | ||
| Q4 24 | -7.7% | -6.3% | ||
| Q3 24 | 19.1% | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度EXER
| Q1 26 | — | 13.7% | ||
| Q4 25 | 22.6% | 12.8% | ||
| Q3 25 | 26.1% | 16.6% | ||
| Q2 25 | 17.8% | 21.6% | ||
| Q1 25 | 25.6% | 16.4% | ||
| Q4 24 | 26.8% | 23.8% | ||
| Q3 24 | 46.0% | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率EXER
| Q1 26 | — | 6.27× | ||
| Q4 25 | 1.73× | 5.67× | ||
| Q3 25 | 2.20× | 3.20× | ||
| Q2 25 | 1.37× | 5.74× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | — | 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
EXE
| Oil And Gas | $2.3B | 70% |
| Natural Gas Marketing Sales | $734.0M | 22% |
| Natural Gas Liquids Sales | $174.0M | 5% |
| Natural Gas Liquids Marketing Sales | $34.0M | 1% |
| Oil Marketing Sales | $31.0M | 1% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
