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FMC CORP（FMC）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是FMC CORP的1.9倍（$1.5B vs $759.0M），RXO, Inc.净利率更高（-3.1% vs -37.0%，领先33.9%），FMC CORP同比增速更快（-4.0% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-628.1M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -14.5%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
FMC vs RXO — 直观对比
营收规模更大
RXO
是对方的1.9倍
$759.0M
营收增速更快
FMC
高出7.8%
-11.9%
净利率更高
RXO
高出33.9%
-37.0%
自由现金流更多
RXO
多$619.1M
$-628.1M
两年增速更快
RXO
近两年复合增速
-14.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $759.0M | $1.5B |
| 净利润 | $-281.2M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | -10.6% | -2.9% |
| 净利率 | -37.0% | -3.1% |
| 营收同比 | -4.0% | -11.9% |
| 净利润同比 | — | -84.0% |
| 每股收益（稀释后） | $-2.25 | $-0.28 |
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FMCRXO
| Q1 26 | $759.0M | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $542.2M | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $791.4M | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.0B | $930.0M |
净利润FMCRXO
| Q1 26 | $-281.2M | — | ||
| Q4 25 | $-1.7B | $-46.0M | ||
| Q3 25 | $-569.3M | $-14.0M | ||
| Q2 25 | $66.7M | $-9.0M | ||
| Q1 25 | $-15.5M | $-31.0M | ||
| Q4 24 | $-16.3M | $-25.0M | ||
| Q3 24 | $65.0M | $-243.0M | ||
| Q2 24 | $295.1M | $-7.0M |
毛利率FMCRXO
| Q1 26 | — | — | ||
| Q4 25 | 39.8% | — | ||
| Q3 25 | 23.8% | — | ||
| Q2 25 | 38.7% | — | ||
| Q1 25 | 40.0% | — | ||
| Q4 24 | 42.9% | — | ||
| Q3 24 | 36.3% | — | ||
| Q2 24 | 38.3% | — |
营业利润率FMCRXO
| Q1 26 | -10.6% | — | ||
| Q4 25 | -130.8% | -2.9% | ||
| Q3 25 | -73.1% | -0.5% | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 7.4% | -2.1% | ||
| Q4 24 | 19.2% | -1.4% | ||
| Q3 24 | 12.7% | -1.9% | ||
| Q2 24 | 6.0% | — |
净利率FMCRXO
| Q1 26 | -37.0% | — | ||
| Q4 25 | -158.8% | -3.1% | ||
| Q3 25 | -105.0% | -1.0% | ||
| Q2 25 | 6.3% | -0.6% | ||
| Q1 25 | -2.0% | -2.2% | ||
| Q4 24 | -1.3% | -1.5% | ||
| Q3 24 | 6.1% | -23.4% | ||
| Q2 24 | 28.4% | -0.8% |
每股收益（稀释后）FMCRXO
| Q1 26 | $-2.25 | — | ||
| Q4 25 | $-13.77 | $-0.28 | ||
| Q3 25 | $-4.52 | $-0.08 | ||
| Q2 25 | $0.53 | $-0.05 | ||
| Q1 25 | $-0.12 | $-0.18 | ||
| Q4 24 | $-0.13 | $-0.17 | ||
| Q3 24 | $0.52 | $-1.81 | ||
| Q2 24 | $2.35 | $-0.06 |
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 | $390.9M | $17.0M |
| 总债务越低越好 | $2.8B | $387.0M |
| 股东权益账面价值 | $1.8B | $1.5B |
| 总资产 | $9.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.50× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资FMCRXO
| Q1 26 | $390.9M | — | ||
| Q4 25 | $584.5M | $17.0M | ||
| Q3 25 | $497.7M | $25.0M | ||
| Q2 25 | $438.2M | $18.0M | ||
| Q1 25 | $315.3M | $16.0M | ||
| Q4 24 | $357.3M | $35.0M | ||
| Q3 24 | $416.7M | $55.0M | ||
| Q2 24 | $471.5M | $7.0M |
总债务FMCRXO
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.4B | $387.0M | ||
| Q3 25 | $3.4B | $387.0M | ||
| Q2 25 | $3.4B | $387.0M | ||
| Q1 25 | $3.1B | $387.0M | ||
| Q4 24 | $3.1B | $351.0M | ||
| Q3 24 | $3.1B | $352.0M | ||
| Q2 24 | $3.1B | $370.0M |
股东权益FMCRXO
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $3.8B | $1.6B | ||
| Q2 25 | $4.4B | $1.6B | ||
| Q1 25 | $4.4B | $1.6B | ||
| Q4 24 | $4.5B | $1.6B | ||
| Q3 24 | $4.6B | $1.7B | ||
| Q2 24 | $4.6B | $579.0M |
总资产FMCRXO
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $3.3B | ||
| Q3 25 | $12.1B | $3.2B | ||
| Q2 25 | $12.3B | $3.2B | ||
| Q1 25 | $11.8B | $3.3B | ||
| Q4 24 | $11.7B | $3.4B | ||
| Q3 24 | $12.2B | $3.4B | ||
| Q2 24 | $12.1B | $1.8B |
负债/权益比FMCRXO
| Q1 26 | 1.50× | — | ||
| Q4 25 | 1.62× | 0.25× | ||
| Q3 25 | 0.89× | 0.24× | ||
| Q2 25 | 0.76× | 0.24× | ||
| Q1 25 | 0.71× | 0.24× | ||
| Q4 24 | 0.69× | 0.22× | ||
| Q3 24 | 0.68× | 0.21× | ||
| Q2 24 | 0.68× | 0.64× |
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 | — | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-628.1M | $-9.0M |
| 自由现金流率自由现金流/营收 | -82.8% | -0.6% |
| 资本支出强度资本支出/营收 | 2.2% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-154.0M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流FMCRXO
| Q1 26 | — | — | ||
| Q4 25 | $657.1M | $7.0M | ||
| Q3 25 | $-184.2M | $23.0M | ||
| Q2 25 | $65.9M | $23.0M | ||
| Q1 25 | $-545.0M | $-2.0M | ||
| Q4 24 | $427.9M | $-7.0M | ||
| Q3 24 | $159.5M | $-7.0M | ||
| Q2 24 | $292.2M | $-5.0M |
自由现金流FMCRXO
| Q1 26 | $-628.1M | — | ||
| Q4 25 | $631.1M | $-9.0M | ||
| Q3 25 | $-207.9M | $9.0M | ||
| Q2 25 | $50.9M | $9.0M | ||
| Q1 25 | $-576.6M | $-17.0M | ||
| Q4 24 | $406.3M | $-19.0M | ||
| Q3 24 | $143.8M | $-18.0M | ||
| Q2 24 | $282.3M | $-16.0M |
自由现金流率FMCRXO
| Q1 26 | -82.8% | — | ||
| Q4 25 | 58.3% | -0.6% | ||
| Q3 25 | -38.3% | 0.6% | ||
| Q2 25 | 4.8% | 0.6% | ||
| Q1 25 | -72.9% | -1.2% | ||
| Q4 24 | 33.2% | -1.1% | ||
| Q3 24 | 13.5% | -1.7% | ||
| Q2 24 | 27.2% | -1.7% |
资本支出强度FMCRXO
| Q1 26 | 2.2% | — | ||
| Q4 25 | 2.4% | 1.1% | ||
| Q3 25 | 4.4% | 1.0% | ||
| Q2 25 | 1.4% | 1.0% | ||
| Q1 25 | 4.0% | 1.0% | ||
| Q4 24 | 1.8% | 0.7% | ||
| Q3 24 | 1.5% | 1.1% | ||
| Q2 24 | 1.0% | 1.2% |
现金转化率FMCRXO
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 0.99× | — |
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
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
