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格罗方德（GFS）与J.B. Hunt（JBHT）财务数据对比。点击上方公司名可切换其他公司
J.B. Hunt的季度营收约是格罗方德的1.8倍（$3.1B vs $1.7B），格罗方德净利率更高（14.8% vs 5.8%，领先8.9%），J.B. Hunt同比增速更快（-1.6% vs -2.9%），过去两年J.B. Hunt的营收复合增速更高（2.6% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
GFS vs JBHT — 直观对比
营收规模更大
JBHT
是对方的1.8倍
$1.7B
营收增速更快
JBHT
高出1.4%
-2.9%
净利率更高
GFS
高出8.9%
5.8%
两年增速更快
JBHT
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $3.1B |
| 净利润 | $249.0M | $181.1M |
| 毛利率 | 24.8% | — |
| 营业利润率 | 11.6% | 8.0% |
| 净利率 | 14.8% | 5.8% |
| 营收同比 | -2.9% | -1.6% |
| 净利润同比 | 39.9% | 16.5% |
| 每股收益（稀释后） | $0.44 | $1.88 |
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GFSJBHT
| Q4 25 | — | $3.1B | ||
| Q3 25 | $1.7B | $3.1B | ||
| Q2 25 | $1.7B | $2.9B | ||
| Q1 25 | $1.6B | $2.9B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $1.7B | $3.1B | ||
| Q2 24 | $1.6B | $2.9B | ||
| Q1 24 | $1.5B | $2.9B |
净利润GFSJBHT
| Q4 25 | — | $181.1M | ||
| Q3 25 | $249.0M | $170.8M | ||
| Q2 25 | $228.0M | $128.6M | ||
| Q1 25 | $211.0M | $117.7M | ||
| Q4 24 | — | $155.5M | ||
| Q3 24 | $178.0M | $152.1M | ||
| Q2 24 | $155.0M | $135.9M | ||
| Q1 24 | $134.0M | $127.5M |
毛利率GFSJBHT
| Q4 25 | — | — | ||
| Q3 25 | 24.8% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 25.4% | — |
营业利润率GFSJBHT
| Q4 25 | — | 8.0% | ||
| Q3 25 | 11.6% | 7.9% | ||
| Q2 25 | 11.6% | 6.7% | ||
| Q1 25 | 9.5% | 6.1% | ||
| Q4 24 | — | 6.6% | ||
| Q3 24 | 10.6% | 7.3% | ||
| Q2 24 | 9.5% | 7.0% | ||
| Q1 24 | 9.5% | 6.6% |
净利率GFSJBHT
| Q4 25 | — | 5.8% | ||
| Q3 25 | 14.8% | 5.6% | ||
| Q2 25 | 13.5% | 4.4% | ||
| Q1 25 | 13.3% | 4.0% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | 10.2% | 5.0% | ||
| Q2 24 | 9.5% | 4.6% | ||
| Q1 24 | 8.7% | 4.3% |
每股收益（稀释后）GFSJBHT
| Q4 25 | — | $1.88 | ||
| Q3 25 | $0.44 | $1.76 | ||
| Q2 25 | $0.41 | $1.31 | ||
| Q1 25 | $0.38 | $1.17 | ||
| Q4 24 | — | $1.53 | ||
| Q3 24 | $0.32 | $1.49 | ||
| Q2 24 | $0.28 | $1.32 | ||
| Q1 24 | $0.24 | $1.22 |
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 | $2.0B | $17.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $11.8B | $3.6B |
| 总资产 | $16.7B | $7.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GFSJBHT
| Q4 25 | — | $17.3M | ||
| Q3 25 | $2.0B | $52.3M | ||
| Q2 25 | $1.8B | $50.9M | ||
| Q1 25 | $1.6B | $43.4M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $2.3B | $120.0M | ||
| Q2 24 | $2.2B | $53.5M | ||
| Q1 24 | $2.2B | $64.2M |
总债务GFSJBHT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $977.7M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.4B |
股东权益GFSJBHT
| Q4 25 | — | $3.6B | ||
| Q3 25 | $11.8B | $3.6B | ||
| Q2 25 | $11.5B | $3.7B | ||
| Q1 25 | $11.1B | $3.9B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | $11.6B | $4.0B | ||
| Q2 24 | $11.3B | $4.1B | ||
| Q1 24 | $11.3B | $4.2B |
总资产GFSJBHT
| Q4 25 | — | $7.9B | ||
| Q3 25 | $16.7B | $8.1B | ||
| Q2 25 | $16.8B | $8.2B | ||
| Q1 25 | $16.5B | $8.3B | ||
| Q4 24 | — | $8.3B | ||
| Q3 24 | $18.1B | $8.3B | ||
| Q2 24 | — | $8.4B | ||
| Q1 24 | — | $8.4B |
负债/权益比GFSJBHT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.36× | ||
| Q1 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 | $595.0M | $385.6M |
| 自由现金流经营现金流 - 资本支出 | — | $251.3M |
| 自由现金流率自由现金流/营收 | — | 8.1% |
| 资本支出强度资本支出/营收 | — | 4.3% |
| 现金转化率经营现金流/净利润 | 2.39× | 2.13× |
| 过去12个月自由现金流最近4个季度 | — | $947.6M |
8季度趋势，按日历期对齐
经营现金流GFSJBHT
| Q4 25 | — | $385.6M | ||
| Q3 25 | $595.0M | $486.4M | ||
| Q2 25 | $431.0M | $402.1M | ||
| Q1 25 | $331.0M | $404.2M | ||
| Q4 24 | — | $317.6M | ||
| Q3 24 | $375.0M | $338.5M | ||
| Q2 24 | $402.0M | $360.6M | ||
| Q1 24 | $488.0M | $466.5M |
自由现金流GFSJBHT
| Q4 25 | — | $251.3M | ||
| Q3 25 | — | $352.4M | ||
| Q2 25 | — | $185.6M | ||
| Q1 25 | — | $158.4M | ||
| Q4 24 | — | $93.3M | ||
| Q3 24 | — | $163.1M | ||
| Q2 24 | — | $98.2M | ||
| Q1 24 | — | $263.1M |
自由现金流率GFSJBHT
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 3.4% | ||
| Q1 24 | — | 8.9% |
资本支出强度GFSJBHT
| Q4 25 | — | 4.3% | ||
| Q3 25 | — | 4.4% | ||
| Q2 25 | — | 7.4% | ||
| Q1 25 | — | 8.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 5.7% | ||
| Q2 24 | — | 9.0% | ||
| Q1 24 | — | 6.9% |
现金转化率GFSJBHT
| Q4 25 | — | 2.13× | ||
| Q3 25 | 2.39× | 2.85× | ||
| Q2 25 | 1.89× | 3.13× | ||
| Q1 25 | 1.57× | 3.43× | ||
| Q4 24 | — | 2.04× | ||
| Q3 24 | 2.11× | 2.23× | ||
| Q2 24 | 2.59× | 2.65× | ||
| Q1 24 | 3.64× | 3.66× |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
