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Expeditors International（EXPD）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Expeditors International的1.1倍（$3.1B vs $2.9B），Expeditors International净利率更高（7.0% vs 3.0%，领先4.1%），RYDER SYSTEM INC同比增速更快（1.0% vs -3.3%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $270.3M），过去两年Expeditors International的营收复合增速更高（13.8% vs -0.9%）
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。
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。
EXPD vs R — 直观对比
营收规模更大
R
是对方的1.1倍
$2.9B
营收增速更快
R
高出4.3%
-3.3%
净利率更高
EXPD
高出4.1%
3.0%
自由现金流更多
R
多$2.7M
$270.3M
两年增速更快
EXPD
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.1B |
| 净利润 | $200.7M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | — |
| 净利率 | 7.0% | 3.0% |
| 营收同比 | -3.3% | 1.0% |
| 净利润同比 | -14.9% | -5.1% |
| 每股收益（稀释后） | $1.50 | $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EXPDR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $2.9B | $3.2B | ||
| Q3 25 | $2.9B | $3.2B | ||
| Q2 25 | $2.7B | $3.2B | ||
| Q1 25 | $2.7B | $3.1B | ||
| Q4 24 | $3.0B | $3.2B | ||
| Q3 24 | $3.0B | $3.2B | ||
| Q2 24 | $2.4B | $3.2B |
净利润EXPDR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $200.7M | $132.0M | ||
| Q3 25 | $222.3M | $138.0M | ||
| Q2 25 | $183.6M | $131.0M | ||
| Q1 25 | $203.8M | $98.0M | ||
| Q4 24 | $235.9M | $135.0M | ||
| Q3 24 | $229.6M | $142.0M | ||
| Q2 24 | $175.5M | $127.0M |
营业利润率EXPDR
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 5.6% | ||
| Q3 25 | 10.0% | 6.0% | ||
| Q2 25 | 9.3% | 5.8% | ||
| Q1 25 | 10.0% | 4.3% | ||
| Q4 24 | 10.2% | 5.7% | ||
| Q3 24 | 10.1% | 5.9% | ||
| Q2 24 | 9.2% | 5.6% |
净利率EXPDR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 7.0% | 4.2% | ||
| Q3 25 | 7.7% | 4.4% | ||
| Q2 25 | 6.9% | 4.1% | ||
| Q1 25 | 7.6% | 3.1% | ||
| Q4 24 | 8.0% | 4.2% | ||
| Q3 24 | 7.7% | 4.5% | ||
| Q2 24 | 7.2% | 4.0% |
每股收益（稀释后）EXPDR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $1.50 | $3.22 | ||
| Q3 25 | $1.64 | $3.32 | ||
| Q2 25 | $1.34 | $3.13 | ||
| Q1 25 | $1.47 | $2.27 | ||
| Q4 24 | $1.68 | $3.09 | ||
| Q3 24 | $1.63 | $3.24 | ||
| Q2 24 | $1.24 | $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 | $1.3B | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $2.9B |
| 总资产 | $4.9B | — |
| 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EXPDR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $1.3B | $198.0M | ||
| Q3 25 | $1.2B | $189.0M | ||
| Q2 25 | $1.2B | $180.0M | ||
| Q1 25 | $1.3B | $151.0M | ||
| Q4 24 | $1.1B | $154.0M | ||
| Q3 24 | $1.3B | $162.0M | ||
| Q2 24 | $1.3B | $164.0M |
总债务EXPDR
| Q1 26 | — | — | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.6B | ||
| Q2 24 | — | $6.5B |
股东权益EXPDR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.4B | $3.1B | ||
| Q3 25 | $2.3B | $3.1B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $2.3B | $3.0B | ||
| Q4 24 | $2.2B | $3.1B | ||
| Q3 24 | $2.4B | $3.1B | ||
| Q2 24 | $2.2B | $3.1B |
总资产EXPDR
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $16.4B | ||
| Q3 25 | $4.8B | $16.5B | ||
| Q2 25 | $4.8B | $16.5B | ||
| Q1 25 | $4.8B | $16.4B | ||
| Q4 24 | $4.8B | $16.7B | ||
| Q3 24 | $5.2B | $16.5B | ||
| Q2 24 | $4.8B | $16.4B |
负债/权益比EXPDR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 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 | $283.3M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $273.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 8.7% |
| 资本支出强度资本支出/营收 | 0.5% | 13.7% |
| 现金转化率经营现金流/净利润 | 1.41× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $595.0M |
8季度趋势，按日历期对齐
经营现金流EXPDR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $283.3M | $749.0M | ||
| Q3 25 | $201.4M | $442.0M | ||
| Q2 25 | $179.2M | $752.0M | ||
| Q1 25 | $342.6M | $651.0M | ||
| Q4 24 | $249.7M | $558.0M | ||
| Q3 24 | $90.0M | $629.0M | ||
| Q2 24 | $126.8M | $552.0M |
自由现金流EXPDR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $270.3M | $344.0M | ||
| Q3 25 | $190.3M | $-85.0M | ||
| Q2 25 | $163.3M | $63.0M | ||
| Q1 25 | $329.5M | $137.0M | ||
| Q4 24 | $239.7M | $-201.0M | ||
| Q3 24 | $77.7M | $30.0M | ||
| Q2 24 | $118.8M | $-87.0M |
自由现金流率EXPDR
| Q1 26 | — | 8.7% | ||
| Q4 25 | 9.5% | 10.8% | ||
| Q3 25 | 6.6% | -2.7% | ||
| Q2 25 | 6.2% | 2.0% | ||
| Q1 25 | 12.4% | 4.4% | ||
| Q4 24 | 8.1% | -6.3% | ||
| Q3 24 | 2.6% | 0.9% | ||
| Q2 24 | 4.9% | -2.7% |
资本支出强度EXPDR
| Q1 26 | — | 13.7% | ||
| Q4 25 | 0.5% | 12.8% | ||
| Q3 25 | 0.4% | 16.6% | ||
| Q2 25 | 0.6% | 21.6% | ||
| Q1 25 | 0.5% | 16.4% | ||
| Q4 24 | 0.3% | 23.8% | ||
| Q3 24 | 0.4% | 18.9% | ||
| Q2 24 | 0.3% | 20.1% |
现金转化率EXPDR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 1.41× | 5.67× | ||
| Q3 25 | 0.91× | 3.20× | ||
| Q2 25 | 0.98× | 5.74× | ||
| Q1 25 | 1.68× | 6.64× | ||
| Q4 24 | 1.06× | 4.13× | ||
| Q3 24 | 0.39× | 4.43× | ||
| Q2 24 | 0.72× | 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
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
