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Shift4 Payments, Inc.（FOUR）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
RUSH ENTERPRISES INC \TX\的季度营收约是Shift4 Payments, Inc.的1.4倍（$1.7B vs $1.2B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs 3.4%，领先0.3%），Shift4 Payments, Inc.同比增速更快（34.0% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $222.5M），过去两年Shift4 Payments, Inc.的营收复合增速更高（29.6% vs -6.8%）
Shift4 Payments是美国支付处理服务商，总部位于宾夕法尼亚州阿伦敦，1999年由贾里德·艾萨克曼创立。公司为零售、酒店、休闲、餐饮等行业超20万家商户提供支付处理服务，主营移动支付软硬件等商业技术，2020年于纽约证券交易所挂牌上市。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
FOUR vs RUSHA — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.7B |
| 净利润 | $40.2M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 10.8% | 4.9% |
| 净利率 | 3.4% | 3.7% |
| 营收同比 | 34.0% | -9.0% |
| 净利润同比 | -65.3% | 1.8% |
| 每股收益（稀释后） | — | $0.77 |
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
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $966.2M | $1.8B | ||
| Q1 25 | $848.3M | $1.8B | ||
| Q4 24 | $887.0M | $1.9B | ||
| Q3 24 | $909.2M | $1.8B | ||
| Q2 24 | $827.0M | $1.9B |
| Q1 26 | — | $61.7M | ||
| Q4 25 | $40.2M | $64.3M | ||
| Q3 25 | $28.1M | $66.7M | ||
| Q2 25 | $34.0M | $72.4M | ||
| Q1 25 | $16.7M | $60.3M | ||
| Q4 24 | $116.0M | $74.8M | ||
| Q3 24 | $53.8M | $79.1M | ||
| Q2 24 | $39.2M | $78.7M |
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 10.8% | 5.5% | ||
| Q3 25 | 9.7% | 5.6% | ||
| Q2 25 | 8.6% | 6.0% | ||
| Q1 25 | 3.0% | 5.2% | ||
| Q4 24 | 9.7% | 5.8% | ||
| Q3 24 | 8.8% | 6.7% | ||
| Q2 24 | 7.2% | 6.4% |
| Q1 26 | — | 3.7% | ||
| Q4 25 | 3.4% | 3.8% | ||
| Q3 25 | 2.4% | 3.7% | ||
| Q2 25 | 3.5% | 3.9% | ||
| Q1 25 | 2.0% | 3.4% | ||
| Q4 24 | 13.1% | 3.9% | ||
| Q3 24 | 5.9% | 4.4% | ||
| Q2 24 | 4.7% | 4.1% |
| Q1 26 | — | $0.77 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.83 | ||
| Q2 25 | — | $0.90 | ||
| Q1 25 | — | $0.73 | ||
| Q4 24 | — | $-95.13 | ||
| Q3 24 | — | $0.97 | ||
| Q2 24 | — | $97.00 |
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 | $964.0M | — |
| 总债务越低越好 | $4.5B | $277.8M |
| 股东权益账面价值 | $1.4B | $2.3B |
| 总资产 | $8.7B | $4.5B |
| 负债/权益比越低杠杆越低 | 3.15× | 0.12× |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $964.0M | $212.6M | ||
| Q3 25 | $1.5B | $242.0M | ||
| Q2 25 | $3.0B | $211.1M | ||
| Q1 25 | $1.2B | $228.7M | ||
| Q4 24 | $1.2B | $228.1M | ||
| Q3 24 | $1.4B | $185.1M | ||
| Q2 24 | $205.0M | $167.3M |
| Q1 26 | — | $277.8M | ||
| Q4 25 | $4.5B | $274.8M | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $2.8B | — | ||
| Q4 24 | $2.8B | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.4B | $2.2B | ||
| Q3 25 | $1.7B | $2.2B | ||
| Q2 25 | $1.6B | $2.2B | ||
| Q1 25 | $805.2M | $2.2B | ||
| Q4 24 | $806.6M | $2.1B | ||
| Q3 24 | $811.8M | $2.1B | ||
| Q2 24 | $700.8M | $2.0B |
| Q1 26 | — | $4.5B | ||
| Q4 25 | $8.7B | $4.4B | ||
| Q3 25 | $9.0B | $4.6B | ||
| Q2 25 | $7.0B | $4.7B | ||
| Q1 25 | $5.0B | $4.7B | ||
| Q4 24 | $5.0B | $4.6B | ||
| Q3 24 | $5.0B | $4.6B | ||
| Q2 24 | $3.5B | $4.5B |
| Q1 26 | — | 0.12× | ||
| Q4 25 | 3.15× | 0.12× | ||
| Q3 25 | 2.83× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 3.53× | — | ||
| Q4 24 | 3.52× | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $223.7M | — |
| 自由现金流经营现金流 - 资本支出 | $222.5M | $411.6M |
| 自由现金流率自由现金流/营收 | 18.7% | 24.4% |
| 资本支出强度资本支出/营收 | 0.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 5.56× | — |
| 过去12个月自由现金流最近4个季度 | $624.0M | $828.4M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $223.7M | $112.9M | ||
| Q3 25 | $171.8M | $367.8M | ||
| Q2 25 | $141.9M | $227.6M | ||
| Q1 25 | $96.6M | $153.5M | ||
| Q4 24 | $145.4M | $392.3M | ||
| Q3 24 | $182.1M | $111.7M | ||
| Q2 24 | $116.1M | $270.6M |
| Q1 26 | — | $411.6M | ||
| Q4 25 | $222.5M | $31.9M | ||
| Q3 25 | $165.4M | $271.2M | ||
| Q2 25 | $141.0M | $113.8M | ||
| Q1 25 | $95.1M | $45.1M | ||
| Q4 24 | $143.8M | $263.5M | ||
| Q3 24 | $180.1M | $-20.0M | ||
| Q2 24 | $113.9M | $177.2M |
| Q1 26 | — | 24.4% | ||
| Q4 25 | 18.7% | 1.9% | ||
| Q3 25 | 14.1% | 15.2% | ||
| Q2 25 | 14.6% | 6.2% | ||
| Q1 25 | 11.2% | 2.6% | ||
| Q4 24 | 16.2% | 13.7% | ||
| Q3 24 | 19.8% | -1.1% | ||
| Q2 24 | 13.8% | 9.1% |
| Q1 26 | — | 2.0% | ||
| Q4 25 | 0.1% | 4.8% | ||
| Q3 25 | 0.5% | 5.4% | ||
| Q2 25 | 0.1% | 6.2% | ||
| Q1 25 | 0.2% | 6.2% | ||
| Q4 24 | 0.2% | 6.7% | ||
| Q3 24 | 0.2% | 7.3% | ||
| Q2 24 | 0.3% | 4.8% |
| Q1 26 | — | — | ||
| Q4 25 | 5.56× | 1.75× | ||
| Q3 25 | 6.11× | 5.51× | ||
| Q2 25 | 4.17× | 3.14× | ||
| Q1 25 | 5.78× | 2.55× | ||
| Q4 24 | 1.25× | 5.25× | ||
| Q3 24 | 3.38× | 1.41× | ||
| Q2 24 | 2.96× | 3.44× |
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
FOUR
| Payments Based Revenue | $788.8M | 66% |
| Other | $255.0M | 21% |
| Subscription And Other Revenues | $144.8M | 12% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
