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TechnipFMC plc（FTI）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
TechnipFMC plc的季度营收约是RUSH ENTERPRISES INC \TX\的1.5倍（$2.5B vs $1.7B），TechnipFMC plc净利率更高（9.6% vs 3.7%，领先6.0%），TechnipFMC plc同比增速更快（6.3% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $359.1M），过去两年TechnipFMC plc的营收复合增速更高（11.0% vs -6.8%）
TechnipFMC是一家注册地位于英国的全球能源服务商，兼具法国与美国企业背景，核心业务为油气领域提供专业技术与服务支持。公司由美国FMC科技与法国Technip于2016年宣布合并，2017年正式完成组建，业务覆盖全球主要能源市场。
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。
FTI vs RUSHA — 直观对比
营收规模更大
FTI
是对方的1.5倍
$1.7B
营收增速更快
FTI
高出15.3%
-9.0%
净利率更高
FTI
高出6.0%
3.7%
自由现金流更多
RUSHA
多$52.5M
$359.1M
两年增速更快
FTI
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.7B |
| 净利润 | $242.7M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 12.6% | 4.9% |
| 净利率 | 9.6% | 3.7% |
| 营收同比 | 6.3% | -9.0% |
| 净利润同比 | 8.0% | 1.8% |
| 每股收益（稀释后） | $0.58 | $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
营收FTIRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.5B | $1.7B | ||
| Q3 25 | $2.6B | $1.8B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.2B | $1.8B | ||
| Q4 24 | $2.4B | $1.9B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.3B | $1.9B |
净利润FTIRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $242.7M | $64.3M | ||
| Q3 25 | $309.7M | $66.7M | ||
| Q2 25 | $269.5M | $72.4M | ||
| Q1 25 | $142.0M | $60.3M | ||
| Q4 24 | $224.7M | $74.8M | ||
| Q3 24 | $274.6M | $79.1M | ||
| Q2 24 | $186.5M | $78.7M |
毛利率FTIRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | 23.1% | 20.7% | ||
| Q1 25 | 20.5% | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | 21.2% | 20.2% |
营业利润率FTIRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 12.6% | 5.5% | ||
| Q3 25 | 16.5% | 5.6% | ||
| Q2 25 | 15.9% | 6.0% | ||
| Q1 25 | 12.5% | 5.2% | ||
| Q4 24 | 11.3% | 5.8% | ||
| Q3 24 | 13.7% | 6.7% | ||
| Q2 24 | 13.3% | 6.4% |
净利率FTIRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 9.6% | 3.8% | ||
| Q3 25 | 11.7% | 3.7% | ||
| Q2 25 | 10.6% | 3.9% | ||
| Q1 25 | 6.4% | 3.4% | ||
| Q4 24 | 9.5% | 3.9% | ||
| Q3 24 | 11.7% | 4.4% | ||
| Q2 24 | 8.0% | 4.1% |
每股收益（稀释后）FTIRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.58 | $0.81 | ||
| Q3 25 | $0.75 | $0.83 | ||
| Q2 25 | $0.64 | $0.90 | ||
| Q1 25 | $0.33 | $0.73 | ||
| Q4 24 | $0.51 | $-95.13 | ||
| Q3 24 | $0.63 | $0.97 | ||
| Q2 24 | $0.42 | $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 | $1.0B | — |
| 总债务越低越好 | $430.0M | $277.8M |
| 股东权益账面价值 | $3.4B | $2.3B |
| 总资产 | $10.1B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.13× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资FTIRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $212.6M | ||
| Q3 25 | $876.6M | $242.0M | ||
| Q2 25 | $950.0M | $211.1M | ||
| Q1 25 | $1.2B | $228.7M | ||
| Q4 24 | $1.2B | $228.1M | ||
| Q3 24 | — | $185.1M | ||
| Q2 24 | — | $167.3M |
总债务FTIRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $430.0M | $274.8M | ||
| Q3 25 | $438.0M | — | ||
| Q2 25 | $696.3M | — | ||
| Q1 25 | $904.9M | — | ||
| Q4 24 | $885.2M | $408.4M | ||
| Q3 24 | $966.7M | — | ||
| Q2 24 | $968.4M | — |
股东权益FTIRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $3.4B | $2.2B | ||
| Q3 25 | $3.3B | $2.2B | ||
| Q2 25 | $3.3B | $2.2B | ||
| Q1 25 | $3.1B | $2.2B | ||
| Q4 24 | $3.1B | $2.1B | ||
| Q3 24 | $3.3B | $2.1B | ||
| Q2 24 | $3.0B | $2.0B |
总资产FTIRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $10.1B | $4.4B | ||
| Q3 25 | $10.3B | $4.6B | ||
| Q2 25 | $10.1B | $4.7B | ||
| Q1 25 | $10.0B | $4.7B | ||
| Q4 24 | $9.9B | $4.6B | ||
| Q3 24 | $9.7B | $4.6B | ||
| Q2 24 | $9.2B | $4.5B |
负债/权益比FTIRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.13× | 0.12× | ||
| Q3 25 | 0.13× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.29× | 0.19× | ||
| Q3 24 | 0.30× | — | ||
| Q2 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 | $453.6M | — |
| 自由现金流经营现金流 - 资本支出 | $359.1M | $411.6M |
| 自由现金流率自由现金流/营收 | 14.3% | 24.4% |
| 资本支出强度资本支出/营收 | 3.8% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.87× | — |
| 过去12个月自由现金流最近4个季度 | $1.4B | $828.4M |
8季度趋势，按日历期对齐
经营现金流FTIRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $453.6M | $112.9M | ||
| Q3 25 | $525.1M | $367.8M | ||
| Q2 25 | $344.2M | $227.6M | ||
| Q1 25 | $441.7M | $153.5M | ||
| Q4 24 | $578.9M | $392.3M | ||
| Q3 24 | $277.9M | $111.7M | ||
| Q2 24 | $230.9M | $270.6M |
自由现金流FTIRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $359.1M | $31.9M | ||
| Q3 25 | $447.8M | $271.2M | ||
| Q2 25 | $260.6M | $113.8M | ||
| Q1 25 | $379.9M | $45.1M | ||
| Q4 24 | $452.7M | $263.5M | ||
| Q3 24 | $225.3M | $-20.0M | ||
| Q2 24 | $180.1M | $177.2M |
自由现金流率FTIRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 14.3% | 1.9% | ||
| Q3 25 | 16.9% | 15.2% | ||
| Q2 25 | 10.3% | 6.2% | ||
| Q1 25 | 17.0% | 2.6% | ||
| Q4 24 | 19.1% | 13.7% | ||
| Q3 24 | 9.6% | -1.1% | ||
| Q2 24 | 7.7% | 9.1% |
资本支出强度FTIRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.8% | 4.8% | ||
| Q3 25 | 2.9% | 5.4% | ||
| Q2 25 | 3.3% | 6.2% | ||
| Q1 25 | 2.8% | 6.2% | ||
| Q4 24 | 5.3% | 6.7% | ||
| Q3 24 | 2.2% | 7.3% | ||
| Q2 24 | 2.2% | 4.8% |
现金转化率FTIRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 1.87× | 1.75× | ||
| Q3 25 | 1.70× | 5.51× | ||
| Q2 25 | 1.28× | 3.14× | ||
| Q1 25 | 3.11× | 2.55× | ||
| Q4 24 | 2.58× | 5.25× | ||
| Q3 24 | 1.01× | 1.41× | ||
| Q2 24 | 1.24× | 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
FTI
| Services | $1.3B | 52% |
| Products | $1.1B | 44% |
| Other | $55.1M | 2% |
| Surface Technologies | $22.4M | 1% |
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% |
