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联邦快递（FDX）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
联邦快递的季度营收约是RYDER SYSTEM INC的1.8倍（$23.5B vs $13.1B），联邦快递净利率更高（4.1% vs 0.7%，领先3.4%），联邦快递同比增速更快（6.8% vs 1.0%），联邦快递自由现金流更多（$1.2B vs $273.0M），过去两年RYDER SYSTEM INC的营收复合增速更高（102.9% vs 3.9%）
联邦快递（FedEx）是总部位于美国田纳西州孟菲斯的跨国集团控股企业，主营业务覆盖运输、电子商务及商业服务领域。其品牌名FedEx源自原航空业务板块Federal Express的音节缩写，该原名自1973年启用，1994年集团正式统一使用FedEx作为品牌名称。
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。
FDX vs R — 直观对比
营收规模更大
FDX
是对方的1.8倍
$13.1B
营收增速更快
FDX
高出5.8%
1.0%
净利率更高
FDX
高出3.4%
0.7%
自由现金流更多
FDX
多$921.0M
$273.0M
两年增速更快
R
近两年复合增速
3.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $23.5B | $13.1B |
| 净利润 | $956.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 5.9% | — |
| 净利率 | 4.1% | 0.7% |
| 营收同比 | 6.8% | 1.0% |
| 净利润同比 | 29.0% | -5.1% |
| 每股收益（稀释后） | $4.04 | $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FDXR
| Q1 26 | — | $13.1B | ||
| Q4 25 | $23.5B | $3.2B | ||
| Q3 25 | $22.2B | $3.2B | ||
| Q2 25 | $22.2B | $3.2B | ||
| Q1 25 | $22.2B | $3.1B | ||
| Q4 24 | $22.0B | $3.2B | ||
| Q3 24 | $21.6B | $3.2B | ||
| Q2 24 | $22.1B | $3.2B |
净利润FDXR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $956.0M | $132.0M | ||
| Q3 25 | $824.0M | $138.0M | ||
| Q2 25 | $1.6B | $131.0M | ||
| Q1 25 | $909.0M | $98.0M | ||
| Q4 24 | $741.0M | $135.0M | ||
| Q3 24 | $794.0M | $142.0M | ||
| Q2 24 | $1.5B | $127.0M |
营业利润率FDXR
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 5.6% | ||
| Q3 25 | 5.3% | 6.0% | ||
| Q2 25 | 8.1% | 5.8% | ||
| Q1 25 | 5.8% | 4.3% | ||
| Q4 24 | 4.8% | 5.7% | ||
| Q3 24 | 5.0% | 5.9% | ||
| Q2 24 | 7.0% | 5.6% |
净利率FDXR
| Q1 26 | — | 0.7% | ||
| Q4 25 | 4.1% | 4.2% | ||
| Q3 25 | 3.7% | 4.4% | ||
| Q2 25 | 7.4% | 4.1% | ||
| Q1 25 | 4.1% | 3.1% | ||
| Q4 24 | 3.4% | 4.2% | ||
| Q3 24 | 3.7% | 4.5% | ||
| Q2 24 | 6.7% | 4.0% |
每股收益（稀释后）FDXR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $4.04 | $3.22 | ||
| Q3 25 | $3.46 | $3.32 | ||
| Q2 25 | $6.81 | $3.13 | ||
| Q1 25 | $3.76 | $2.27 | ||
| Q4 24 | $3.03 | $3.09 | ||
| Q3 24 | $3.21 | $3.24 | ||
| Q2 24 | $5.92 | $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 | $6.6B | $182.0M |
| 总债务越低越好 | $20.3B | — |
| 股东权益账面价值 | $28.1B | $2.9B |
| 总资产 | $89.2B | — |
| 负债/权益比越低杠杆越低 | 0.72× | — |
8季度趋势，按日历期对齐
现金及短期投资FDXR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $6.6B | $198.0M | ||
| Q3 25 | $6.2B | $189.0M | ||
| Q2 25 | $5.5B | $180.0M | ||
| Q1 25 | $5.1B | $151.0M | ||
| Q4 24 | $5.0B | $154.0M | ||
| Q3 24 | $5.9B | $162.0M | ||
| Q2 24 | $6.5B | $164.0M |
总债务FDXR
| Q1 26 | — | — | ||
| Q4 25 | $20.3B | $6.8B | ||
| Q3 25 | $20.3B | $7.3B | ||
| Q2 25 | $19.2B | $7.0B | ||
| Q1 25 | $19.5B | $6.7B | ||
| Q4 24 | $19.4B | $6.7B | ||
| Q3 24 | $19.7B | $6.6B | ||
| Q2 24 | $20.1B | $6.5B |
股东权益FDXR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $28.1B | $3.1B | ||
| Q3 25 | $27.8B | $3.1B | ||
| Q2 25 | $28.1B | $3.1B | ||
| Q1 25 | $26.7B | $3.0B | ||
| Q4 24 | $26.5B | $3.1B | ||
| Q3 24 | $27.2B | $3.1B | ||
| Q2 24 | $27.6B | $3.1B |
总资产FDXR
| Q1 26 | — | — | ||
| Q4 25 | $89.2B | $16.4B | ||
| Q3 25 | $88.4B | $16.5B | ||
| Q2 25 | $87.6B | $16.5B | ||
| Q1 25 | $85.0B | $16.4B | ||
| Q4 24 | $85.5B | $16.7B | ||
| Q3 24 | $86.7B | $16.5B | ||
| Q2 24 | $87.0B | $16.4B |
负债/权益比FDXR
| Q1 26 | — | — | ||
| Q4 25 | 0.72× | 2.24× | ||
| Q3 25 | 0.73× | 2.35× | ||
| Q2 25 | 0.68× | 2.27× | ||
| Q1 25 | 0.73× | 2.21× | ||
| Q4 24 | 0.73× | 2.14× | ||
| Q3 24 | 0.72× | 2.17× | ||
| Q2 24 | 0.73× | 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 | $2.0B | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | $273.0M |
| 自由现金流率自由现金流/营收 | 5.1% | 2.1% |
| 资本支出强度资本支出/营收 | 3.2% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.04× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $4.3B | $595.0M |
8季度趋势，按日历期对齐
经营现金流FDXR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $2.0B | $749.0M | ||
| Q3 25 | $1.7B | $442.0M | ||
| Q2 25 | $2.5B | $752.0M | ||
| Q1 25 | $2.0B | $651.0M | ||
| Q4 24 | $1.3B | $558.0M | ||
| Q3 24 | $1.2B | $629.0M | ||
| Q2 24 | $2.7B | $552.0M |
自由现金流FDXR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $1.2B | $344.0M | ||
| Q3 25 | $1.1B | $-85.0M | ||
| Q2 25 | $1.0B | $63.0M | ||
| Q1 25 | $1.0B | $137.0M | ||
| Q4 24 | $500.0M | $-201.0M | ||
| Q3 24 | $420.0M | $30.0M | ||
| Q2 24 | $1.5B | $-87.0M |
自由现金流率FDXR
| Q1 26 | — | 2.1% | ||
| Q4 25 | 5.1% | 10.8% | ||
| Q3 25 | 4.9% | -2.7% | ||
| Q2 25 | 4.7% | 2.0% | ||
| Q1 25 | 4.6% | 4.4% | ||
| Q4 24 | 2.3% | -6.3% | ||
| Q3 24 | 1.9% | 0.9% | ||
| Q2 24 | 6.8% | -2.7% |
资本支出强度FDXR
| Q1 26 | — | 3.3% | ||
| Q4 25 | 3.2% | 12.8% | ||
| Q3 25 | 2.8% | 16.6% | ||
| Q2 25 | 6.6% | 21.6% | ||
| Q1 25 | 4.5% | 16.4% | ||
| Q4 24 | 3.7% | 23.8% | ||
| Q3 24 | 3.6% | 18.9% | ||
| Q2 24 | 5.4% | 20.1% |
现金转化率FDXR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 2.04× | 5.67× | ||
| Q3 25 | 2.08× | 3.20× | ||
| Q2 25 | 1.53× | 5.74× | ||
| Q1 25 | 2.21× | 6.64× | ||
| Q4 24 | 1.78× | 4.13× | ||
| Q3 24 | 1.49× | 4.43× | ||
| Q2 24 | 1.83× | 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
FDX
| United States Ground | $9.2B | 39% |
| United States Priority | $2.8B | 12% |
| Other | $2.2B | 9% |
| Fedex Freight Segment | $2.1B | 9% |
| International Economy | $1.5B | 6% |
| Freight Revenue | $1.5B | 6% |
| United States Deferred | $1.4B | 6% |
| International Domestic | $1.3B | 5% |
| International Economy Freight | $582.0M | 2% |
| United States Freight | $304.0M | 1% |
| Other International Revenue | $240.0M | 1% |
R
暂无分部数据
