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格罗方德（GFS）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
格罗方德的季度营收约是RUSH ENTERPRISES INC \TX\的1.0倍（$1.7B vs $1.7B），格罗方德净利率更高（14.8% vs 3.7%，领先11.1%），格罗方德同比增速更快（-2.9% vs -9.0%），过去两年格罗方德的营收复合增速更高（-4.3% vs -6.8%）
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。
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。
GFS vs RUSHA — 直观对比
营收规模更大
GFS
是对方的1.0倍
$1.7B
营收增速更快
GFS
高出6.1%
-9.0%
净利率更高
GFS
高出11.1%
3.7%
两年增速更快
GFS
近两年复合增速
-6.8%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.7B |
| 净利润 | $249.0M | $61.7M |
| 毛利率 | 24.8% | 20.4% |
| 营业利润率 | 11.6% | 4.9% |
| 净利率 | 14.8% | 3.7% |
| 营收同比 | -2.9% | -9.0% |
| 净利润同比 | 39.9% | 1.8% |
| 每股收益（稀释后） | $0.44 | $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GFSRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | $1.7B | $1.8B | ||
| Q2 24 | $1.6B | $1.9B |
净利润GFSRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | — | $64.3M | ||
| Q3 25 | $249.0M | $66.7M | ||
| Q2 25 | $228.0M | $72.4M | ||
| Q1 25 | $211.0M | $60.3M | ||
| Q4 24 | — | $74.8M | ||
| Q3 24 | $178.0M | $79.1M | ||
| Q2 24 | $155.0M | $78.7M |
毛利率GFSRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | 24.8% | 21.0% | ||
| Q2 25 | 24.2% | 20.7% | ||
| Q1 25 | 22.4% | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | 23.8% | 21.0% | ||
| Q2 24 | 24.2% | 20.2% |
营业利润率GFSRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | 11.6% | 5.6% | ||
| Q2 25 | 11.6% | 6.0% | ||
| Q1 25 | 9.5% | 5.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 10.6% | 6.7% | ||
| Q2 24 | 9.5% | 6.4% |
净利率GFSRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | 14.8% | 3.7% | ||
| Q2 25 | 13.5% | 3.9% | ||
| Q1 25 | 13.3% | 3.4% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | 10.2% | 4.4% | ||
| Q2 24 | 9.5% | 4.1% |
每股收益（稀释后）GFSRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | $0.44 | $0.83 | ||
| Q2 25 | $0.41 | $0.90 | ||
| Q1 25 | $0.38 | $0.73 | ||
| Q4 24 | — | $-95.13 | ||
| Q3 24 | $0.32 | $0.97 | ||
| Q2 24 | $0.28 | $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 | $2.0B | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $11.8B | $2.3B |
| 总资产 | $16.7B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资GFSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | $2.0B | $242.0M | ||
| Q2 25 | $1.8B | $211.1M | ||
| Q1 25 | $1.6B | $228.7M | ||
| Q4 24 | — | $228.1M | ||
| Q3 24 | $2.3B | $185.1M | ||
| Q2 24 | $2.2B | $167.3M |
总债务GFSRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益GFSRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | $11.8B | $2.2B | ||
| Q2 25 | $11.5B | $2.2B | ||
| Q1 25 | $11.1B | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | $11.6B | $2.1B | ||
| Q2 24 | $11.3B | $2.0B |
总资产GFSRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | $16.7B | $4.6B | ||
| Q2 25 | $16.8B | $4.7B | ||
| Q1 25 | $16.5B | $4.7B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $18.1B | $4.6B | ||
| Q2 24 | — | $4.5B |
负债/权益比GFSRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 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 | $595.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | $411.6M |
| 自由现金流率自由现金流/营收 | — | 24.4% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 现金转化率经营现金流/净利润 | 2.39× | — |
| 过去12个月自由现金流最近4个季度 | — | $828.4M |
8季度趋势，按日历期对齐
经营现金流GFSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $112.9M | ||
| Q3 25 | $595.0M | $367.8M | ||
| Q2 25 | $431.0M | $227.6M | ||
| Q1 25 | $331.0M | $153.5M | ||
| Q4 24 | — | $392.3M | ||
| Q3 24 | $375.0M | $111.7M | ||
| Q2 24 | $402.0M | $270.6M |
自由现金流GFSRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | — | $31.9M | ||
| Q3 25 | — | $271.2M | ||
| Q2 25 | — | $113.8M | ||
| Q1 25 | — | $45.1M | ||
| Q4 24 | — | $263.5M | ||
| Q3 24 | — | $-20.0M | ||
| Q2 24 | — | $177.2M |
自由现金流率GFSRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | 15.2% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | — | -1.1% | ||
| Q2 24 | — | 9.1% |
资本支出强度GFSRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 6.2% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | — | 4.8% |
现金转化率GFSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | 2.39× | 5.51× | ||
| Q2 25 | 1.89× | 3.14× | ||
| Q1 25 | 1.57× | 2.55× | ||
| Q4 24 | — | 5.25× | ||
| Q3 24 | 2.11× | 1.41× | ||
| Q2 24 | 2.59× | 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
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% |
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% |
