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盖尔斯（GES）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.的季度营收约是盖尔斯的1.9倍（$1.5B vs $791.4M），盖尔斯净利率更高（3.2% vs -3.1%，领先6.4%），盖尔斯同比增速更快（7.2% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-56.3M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -5.8%）
盖尔斯是美国知名服饰品牌企业，以标志性的黑白风格广告广为人知。除核心服饰产品外，品牌还通过品牌授权模式推出腕表、珠宝、香水、包袋、鞋履等各类时尚配饰，在全球时尚消费市场拥有较高知名度。
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。
GES vs RXO — 直观对比
营收规模更大
RXO
是对方的1.9倍
$791.4M
营收增速更快
GES
高出19.0%
-11.9%
净利率更高
GES
高出6.4%
-3.1%
自由现金流更多
RXO
多$47.3M
$-56.3M
两年增速更快
RXO
近两年复合增速
-5.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $791.4M | $1.5B |
| 净利润 | $25.6M | $-46.0M |
| 毛利率 | 42.5% | — |
| 营业利润率 | 2.9% | -2.9% |
| 净利率 | 3.2% | -3.1% |
| 营收同比 | 7.2% | -11.9% |
| 净利润同比 | 209.6% | -84.0% |
| 每股收益（稀释后） | $0.48 | $-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GESRXO
| Q4 25 | $791.4M | $1.5B | ||
| Q3 25 | $772.9M | $1.4B | ||
| Q2 25 | $647.8M | $1.4B | ||
| Q1 25 | $932.3M | $1.4B | ||
| Q4 24 | $738.5M | $1.7B | ||
| Q3 24 | $732.6M | $1.0B | ||
| Q2 24 | $591.9M | $930.0M | ||
| Q1 24 | $891.0M | $913.0M |
净利润GESRXO
| Q4 25 | $25.6M | $-46.0M | ||
| Q3 25 | $6.2M | $-14.0M | ||
| Q2 25 | $-32.9M | $-9.0M | ||
| Q1 25 | $81.4M | $-31.0M | ||
| Q4 24 | $-23.4M | $-25.0M | ||
| Q3 24 | $-10.6M | $-243.0M | ||
| Q2 24 | $13.0M | $-7.0M | ||
| Q1 24 | $115.3M | $-15.0M |
毛利率GESRXO
| Q4 25 | 42.5% | — | ||
| Q3 25 | 42.5% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 43.6% | — | ||
| Q3 24 | 43.7% | — | ||
| Q2 24 | 41.9% | — | ||
| Q1 24 | 45.4% | — |
营业利润率GESRXO
| Q4 25 | 2.9% | -2.9% | ||
| Q3 25 | 2.3% | -0.5% | ||
| Q2 25 | -5.1% | — | ||
| Q1 25 | 11.1% | -2.1% | ||
| Q4 24 | 5.7% | -1.4% | ||
| Q3 24 | 6.5% | -1.9% | ||
| Q2 24 | -3.4% | — | ||
| Q1 24 | 16.3% | -1.3% |
净利率GESRXO
| Q4 25 | 3.2% | -3.1% | ||
| Q3 25 | 0.8% | -1.0% | ||
| Q2 25 | -5.1% | -0.6% | ||
| Q1 25 | 8.7% | -2.2% | ||
| Q4 24 | -3.2% | -1.5% | ||
| Q3 24 | -1.4% | -23.4% | ||
| Q2 24 | 2.2% | -0.8% | ||
| Q1 24 | 12.9% | -1.6% |
每股收益（稀释后）GESRXO
| Q4 25 | $0.48 | $-0.28 | ||
| Q3 25 | $0.12 | $-0.08 | ||
| Q2 25 | $-0.65 | $-0.05 | ||
| Q1 25 | $1.29 | $-0.18 | ||
| Q4 24 | $-0.47 | $-0.17 | ||
| Q3 24 | $-0.28 | $-1.81 | ||
| Q2 24 | $0.23 | $-0.06 | ||
| Q1 24 | $1.90 | $-0.13 |
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 | $154.2M | $17.0M |
| 总债务越低越好 | $299.5M | $387.0M |
| 股东权益账面价值 | $508.5M | $1.5B |
| 总资产 | $3.0B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.59× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资GESRXO
| Q4 25 | $154.2M | $17.0M | ||
| Q3 25 | $189.6M | $25.0M | ||
| Q2 25 | $151.2M | $18.0M | ||
| Q1 25 | $187.7M | $16.0M | ||
| Q4 24 | $140.9M | $35.0M | ||
| Q3 24 | $218.9M | $55.0M | ||
| Q2 24 | $241.7M | $7.0M | ||
| Q1 24 | $360.3M | $7.0M |
总债务GESRXO
| Q4 25 | $299.5M | $387.0M | ||
| Q3 25 | $258.4M | $387.0M | ||
| Q2 25 | $241.7M | $387.0M | ||
| Q1 25 | $150.7M | $387.0M | ||
| Q4 24 | $238.3M | $351.0M | ||
| Q3 24 | $187.8M | $352.0M | ||
| Q2 24 | $196.9M | $370.0M | ||
| Q1 24 | $28.2M | $351.0M |
股东权益GESRXO
| Q4 25 | $508.5M | $1.5B | ||
| Q3 25 | $487.6M | $1.6B | ||
| Q2 25 | $483.6M | $1.6B | ||
| Q1 25 | $505.0M | $1.6B | ||
| Q4 24 | $450.7M | $1.6B | ||
| Q3 24 | $491.2M | $1.7B | ||
| Q2 24 | $565.5M | $579.0M | ||
| Q1 24 | $684.9M | $582.0M |
总资产GESRXO
| Q4 25 | $3.0B | $3.3B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $2.9B | $3.2B | ||
| Q1 25 | $2.8B | $3.3B | ||
| Q4 24 | $2.8B | $3.4B | ||
| Q3 24 | $2.8B | $3.4B | ||
| Q2 24 | $2.7B | $1.8B | ||
| Q1 24 | $2.6B | $1.8B |
负债/权益比GESRXO
| Q4 25 | 0.59× | 0.25× | ||
| Q3 25 | 0.53× | 0.24× | ||
| Q2 25 | 0.50× | 0.24× | ||
| Q1 25 | 0.30× | 0.24× | ||
| Q4 24 | 0.53× | 0.22× | ||
| Q3 24 | 0.38× | 0.21× | ||
| Q2 24 | 0.35× | 0.64× | ||
| Q1 24 | 0.04× | 0.60× |
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 | $-39.5M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-56.3M | $-9.0M |
| 自由现金流率自由现金流/营收 | -7.1% | -0.6% |
| 资本支出强度资本支出/营收 | 2.1% | 1.1% |
| 现金转化率经营现金流/净利润 | -1.54× | — |
| 过去12个月自由现金流最近4个季度 | $62.5M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流GESRXO
| Q4 25 | $-39.5M | $7.0M | ||
| Q3 25 | $74.9M | $23.0M | ||
| Q2 25 | $-73.4M | $23.0M | ||
| Q1 25 | $183.2M | $-2.0M | ||
| Q4 24 | $-83.3M | $-7.0M | ||
| Q3 24 | $44.7M | $-7.0M | ||
| Q2 24 | $-22.9M | $-5.0M | ||
| Q1 24 | $289.5M | $7.0M |
自由现金流GESRXO
| Q4 25 | $-56.3M | $-9.0M | ||
| Q3 25 | $53.4M | $9.0M | ||
| Q2 25 | $-95.3M | $9.0M | ||
| Q1 25 | $160.7M | $-17.0M | ||
| Q4 24 | $-105.4M | $-19.0M | ||
| Q3 24 | $24.3M | $-18.0M | ||
| Q2 24 | $-44.0M | $-16.0M | ||
| Q1 24 | $267.8M | $-4.0M |
自由现金流率GESRXO
| Q4 25 | -7.1% | -0.6% | ||
| Q3 25 | 6.9% | 0.6% | ||
| Q2 25 | -14.7% | 0.6% | ||
| Q1 25 | 17.2% | -1.2% | ||
| Q4 24 | -14.3% | -1.1% | ||
| Q3 24 | 3.3% | -1.7% | ||
| Q2 24 | -7.4% | -1.7% | ||
| Q1 24 | 30.1% | -0.4% |
资本支出强度GESRXO
| Q4 25 | 2.1% | 1.1% | ||
| Q3 25 | 2.8% | 1.0% | ||
| Q2 25 | 3.4% | 1.0% | ||
| Q1 25 | 2.4% | 1.0% | ||
| Q4 24 | 3.0% | 0.7% | ||
| Q3 24 | 2.8% | 1.1% | ||
| Q2 24 | 3.6% | 1.2% | ||
| Q1 24 | 2.4% | 1.2% |
现金转化率GESRXO
| Q4 25 | -1.54× | — | ||
| Q3 25 | 12.00× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.25× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -1.76× | — | ||
| Q1 24 | 2.51× | — |
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
GES
| Products | $760.3M | 96% |
| Royalty | $31.1M | 4% |
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% |
