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Expeditors International（EXPD）与J.B. Hunt（JBHT）财务数据对比。点击上方公司名可切换其他公司
J.B. Hunt的季度营收约是Expeditors International的1.1倍（$3.1B vs $2.9B），Expeditors International净利率更高（7.0% vs 5.8%，领先1.2%），J.B. Hunt同比增速更快（-1.6% vs -3.3%），Expeditors International自由现金流更多（$270.3M vs $251.3M），过去两年Expeditors International的营收复合增速更高（13.8% vs 2.6%）
美国财富500强物流服务企业，总部位于华盛顿州贝尔维尤，依托覆盖六大洲100余个国家超340个网点的全球网络及统一集成的技术系统，为客户提供高度优化的定制化供应链解决方案。
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
EXPD vs JBHT — 直观对比
营收规模更大
JBHT
是对方的1.1倍
$2.9B
营收增速更快
JBHT
高出1.8%
-3.3%
净利率更高
EXPD
高出1.2%
5.8%
自由现金流更多
EXPD
多$19.0M
$251.3M
两年增速更快
EXPD
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.1B |
| 净利润 | $200.7M | $181.1M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 8.0% |
| 净利率 | 7.0% | 5.8% |
| 营收同比 | -3.3% | -1.6% |
| 净利润同比 | -14.9% | 16.5% |
| 每股收益（稀释后） | $1.50 | $1.88 |
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EXPDJBHT
| Q4 25 | $2.9B | $3.1B | ||
| Q3 25 | $2.9B | $3.1B | ||
| Q2 25 | $2.7B | $2.9B | ||
| Q1 25 | $2.7B | $2.9B | ||
| Q4 24 | $3.0B | $3.1B | ||
| Q3 24 | $3.0B | $3.1B | ||
| Q2 24 | $2.4B | $2.9B | ||
| Q1 24 | $2.2B | $2.9B |
净利润EXPDJBHT
| Q4 25 | $200.7M | $181.1M | ||
| Q3 25 | $222.3M | $170.8M | ||
| Q2 25 | $183.6M | $128.6M | ||
| Q1 25 | $203.8M | $117.7M | ||
| Q4 24 | $235.9M | $155.5M | ||
| Q3 24 | $229.6M | $152.1M | ||
| Q2 24 | $175.5M | $135.9M | ||
| Q1 24 | $169.2M | $127.5M |
营业利润率EXPDJBHT
| Q4 25 | 8.8% | 8.0% | ||
| Q3 25 | 10.0% | 7.9% | ||
| Q2 25 | 9.3% | 6.7% | ||
| Q1 25 | 10.0% | 6.1% | ||
| Q4 24 | 10.2% | 6.6% | ||
| Q3 24 | 10.1% | 7.3% | ||
| Q2 24 | 9.2% | 7.0% | ||
| Q1 24 | 9.7% | 6.6% |
净利率EXPDJBHT
| Q4 25 | 7.0% | 5.8% | ||
| Q3 25 | 7.7% | 5.6% | ||
| Q2 25 | 6.9% | 4.4% | ||
| Q1 25 | 7.6% | 4.0% | ||
| Q4 24 | 8.0% | 4.9% | ||
| Q3 24 | 7.7% | 5.0% | ||
| Q2 24 | 7.2% | 4.6% | ||
| Q1 24 | 7.7% | 4.3% |
每股收益（稀释后）EXPDJBHT
| Q4 25 | $1.50 | $1.88 | ||
| Q3 25 | $1.64 | $1.76 | ||
| Q2 25 | $1.34 | $1.31 | ||
| Q1 25 | $1.47 | $1.17 | ||
| Q4 24 | $1.68 | $1.53 | ||
| Q3 24 | $1.63 | $1.49 | ||
| Q2 24 | $1.24 | $1.32 | ||
| Q1 24 | $1.17 | $1.22 |
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 | $1.3B | $17.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $3.6B |
| 总资产 | $4.9B | $7.9B |
| 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EXPDJBHT
| Q4 25 | $1.3B | $17.3M | ||
| Q3 25 | $1.2B | $52.3M | ||
| Q2 25 | $1.2B | $50.9M | ||
| Q1 25 | $1.3B | $43.4M | ||
| Q4 24 | $1.1B | $47.0M | ||
| Q3 24 | $1.3B | $120.0M | ||
| Q2 24 | $1.3B | $53.5M | ||
| Q1 24 | $1.4B | $64.2M |
总债务EXPDJBHT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $977.7M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.4B |
股东权益EXPDJBHT
| Q4 25 | $2.4B | $3.6B | ||
| Q3 25 | $2.3B | $3.6B | ||
| Q2 25 | $2.2B | $3.7B | ||
| Q1 25 | $2.3B | $3.9B | ||
| Q4 24 | $2.2B | $4.0B | ||
| Q3 24 | $2.4B | $4.0B | ||
| Q2 24 | $2.2B | $4.1B | ||
| Q1 24 | $2.2B | $4.2B |
总资产EXPDJBHT
| Q4 25 | $4.9B | $7.9B | ||
| Q3 25 | $4.8B | $8.1B | ||
| Q2 25 | $4.8B | $8.2B | ||
| Q1 25 | $4.8B | $8.3B | ||
| Q4 24 | $4.8B | $8.3B | ||
| Q3 24 | $5.2B | $8.3B | ||
| Q2 24 | $4.8B | $8.4B | ||
| Q1 24 | $4.5B | $8.4B |
负债/权益比EXPDJBHT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.33× |
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 | $283.3M | $385.6M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $251.3M |
| 自由现金流率自由现金流/营收 | 9.5% | 8.1% |
| 资本支出强度资本支出/营收 | 0.5% | 4.3% |
| 现金转化率经营现金流/净利润 | 1.41× | 2.13× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $947.6M |
8季度趋势，按日历期对齐
经营现金流EXPDJBHT
| Q4 25 | $283.3M | $385.6M | ||
| Q3 25 | $201.4M | $486.4M | ||
| Q2 25 | $179.2M | $402.1M | ||
| Q1 25 | $342.6M | $404.2M | ||
| Q4 24 | $249.7M | $317.6M | ||
| Q3 24 | $90.0M | $338.5M | ||
| Q2 24 | $126.8M | $360.6M | ||
| Q1 24 | $256.9M | $466.5M |
自由现金流EXPDJBHT
| Q4 25 | $270.3M | $251.3M | ||
| Q3 25 | $190.3M | $352.4M | ||
| Q2 25 | $163.3M | $185.6M | ||
| Q1 25 | $329.5M | $158.4M | ||
| Q4 24 | $239.7M | $93.3M | ||
| Q3 24 | $77.7M | $163.1M | ||
| Q2 24 | $118.8M | $98.2M | ||
| Q1 24 | $246.7M | $263.1M |
自由现金流率EXPDJBHT
| Q4 25 | 9.5% | 8.1% | ||
| Q3 25 | 6.6% | 11.5% | ||
| Q2 25 | 6.2% | 6.3% | ||
| Q1 25 | 12.4% | 5.4% | ||
| Q4 24 | 8.1% | 3.0% | ||
| Q3 24 | 2.6% | 5.3% | ||
| Q2 24 | 4.9% | 3.4% | ||
| Q1 24 | 11.2% | 8.9% |
资本支出强度EXPDJBHT
| Q4 25 | 0.5% | 4.3% | ||
| Q3 25 | 0.4% | 4.4% | ||
| Q2 25 | 0.6% | 7.4% | ||
| Q1 25 | 0.5% | 8.4% | ||
| Q4 24 | 0.3% | 7.1% | ||
| Q3 24 | 0.4% | 5.7% | ||
| Q2 24 | 0.3% | 9.0% | ||
| Q1 24 | 0.5% | 6.9% |
现金转化率EXPDJBHT
| Q4 25 | 1.41× | 2.13× | ||
| Q3 25 | 0.91× | 2.85× | ||
| Q2 25 | 0.98× | 3.13× | ||
| Q1 25 | 1.68× | 3.43× | ||
| Q4 24 | 1.06× | 2.04× | ||
| Q3 24 | 0.39× | 2.23× | ||
| Q2 24 | 0.72× | 2.65× | ||
| Q1 24 | 1.52× | 3.66× |
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
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
