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Generac（GNRC）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Generac的1.6倍（$1.7B vs $1.1B），Generac净利率更高（6.9% vs 3.7%，领先3.2%），Generac同比增速更快（12.4% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $89.9M），过去两年Generac的营收复合增速更高（3.0% vs -6.8%）
Generac Holdings Inc.（简称Generac）是美国财富1000强企业，主营面向住宅、小型商业及工业领域的备用发电产品，功率覆盖800瓦至9兆瓦，通过独立经销商、零售商及批发商渠道发售，总部位于威斯康星州沃基肖，在该州多地设有生产基地。
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。
GNRC vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.6倍
$1.1B
营收增速更快
GNRC
高出21.4%
-9.0%
净利率更高
GNRC
高出3.2%
3.7%
自由现金流更多
RUSHA
多$321.7M
$89.9M
两年增速更快
GNRC
近两年复合增速
-6.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $73.1M | $61.7M |
| 毛利率 | 38.7% | 20.4% |
| 营业利润率 | 11.1% | 4.9% |
| 净利率 | 6.9% | 3.7% |
| 营收同比 | 12.4% | -9.0% |
| 净利润同比 | 65.1% | 1.8% |
| 每股收益（稀释后） | $1.24 | $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GNRCRUSHA
| Q1 26 | $1.1B | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $942.1M | $1.8B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $998.2M | $1.9B |
净利润GNRCRUSHA
| Q1 26 | $73.1M | $61.7M | ||
| Q4 25 | $-24.5M | $64.3M | ||
| Q3 25 | $66.2M | $66.7M | ||
| Q2 25 | $74.0M | $72.4M | ||
| Q1 25 | $43.8M | $60.3M | ||
| Q4 24 | $117.2M | $74.8M | ||
| Q3 24 | $113.7M | $79.1M | ||
| Q2 24 | $59.1M | $78.7M |
毛利率GNRCRUSHA
| Q1 26 | 38.7% | 20.4% | ||
| Q4 25 | 36.3% | 20.8% | ||
| Q3 25 | 38.3% | 21.0% | ||
| Q2 25 | 39.3% | 20.7% | ||
| Q1 25 | 39.5% | 20.3% | ||
| Q4 24 | 40.6% | 19.3% | ||
| Q3 24 | 40.2% | 21.0% | ||
| Q2 24 | 37.6% | 20.2% |
营业利润率GNRCRUSHA
| Q1 26 | 11.1% | 4.9% | ||
| Q4 25 | -0.9% | 5.5% | ||
| Q3 25 | 9.3% | 5.6% | ||
| Q2 25 | 10.5% | 6.0% | ||
| Q1 25 | 8.9% | 5.2% | ||
| Q4 24 | 16.0% | 5.8% | ||
| Q3 24 | 14.4% | 6.7% | ||
| Q2 24 | 10.3% | 6.4% |
净利率GNRCRUSHA
| Q1 26 | 6.9% | 3.7% | ||
| Q4 25 | -2.2% | 3.8% | ||
| Q3 25 | 5.9% | 3.7% | ||
| Q2 25 | 7.0% | 3.9% | ||
| Q1 25 | 4.7% | 3.4% | ||
| Q4 24 | 9.5% | 3.9% | ||
| Q3 24 | 9.7% | 4.4% | ||
| Q2 24 | 5.9% | 4.1% |
每股收益（稀释后）GNRCRUSHA
| Q1 26 | $1.24 | $0.77 | ||
| Q4 25 | $-0.41 | $0.81 | ||
| Q3 25 | $1.12 | $0.83 | ||
| Q2 25 | $1.25 | $0.90 | ||
| Q1 25 | $0.73 | $0.73 | ||
| Q4 24 | $2.14 | $-95.13 | ||
| Q3 24 | $1.89 | $0.97 | ||
| Q2 24 | $0.97 | $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 | $265.5M | — |
| 总债务越低越好 | $44.0M | $277.8M |
| 股东权益账面价值 | $2.7B | $2.3B |
| 总资产 | $5.6B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资GNRCRUSHA
| Q1 26 | $265.5M | — | ||
| Q4 25 | $341.4M | $212.6M | ||
| Q3 25 | $300.0M | $242.0M | ||
| Q2 25 | $223.5M | $211.1M | ||
| Q1 25 | $187.5M | $228.7M | ||
| Q4 24 | $281.3M | $228.1M | ||
| Q3 24 | $214.2M | $185.1M | ||
| Q2 24 | $218.3M | $167.3M |
总债务GNRCRUSHA
| Q1 26 | $44.0M | $277.8M | ||
| Q4 25 | $1.3B | $274.8M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | $408.4M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
股东权益GNRCRUSHA
| Q1 26 | $2.7B | $2.3B | ||
| Q4 25 | $2.6B | $2.2B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.6B | $2.2B | ||
| Q1 25 | $2.5B | $2.2B | ||
| Q4 24 | $2.5B | $2.1B | ||
| Q3 24 | $2.4B | $2.1B | ||
| Q2 24 | $2.4B | $2.0B |
总资产GNRCRUSHA
| Q1 26 | $5.6B | $4.5B | ||
| Q4 25 | $5.6B | $4.4B | ||
| Q3 25 | $5.6B | $4.6B | ||
| Q2 25 | $5.4B | $4.7B | ||
| Q1 25 | $5.1B | $4.7B | ||
| Q4 24 | $5.1B | $4.6B | ||
| Q3 24 | $5.2B | $4.6B | ||
| Q2 24 | $5.1B | $4.5B |
负债/权益比GNRCRUSHA
| Q1 26 | 0.02× | 0.12× | ||
| Q4 25 | 0.48× | 0.12× | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | 0.50× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.49× | 0.19× | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.61× | — |
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 | $119.3M | — |
| 自由现金流经营现金流 - 资本支出 | $89.9M | $411.6M |
| 自由现金流率自由现金流/营收 | 8.5% | 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 | 1.63× | — |
| 过去12个月自由现金流最近4个季度 | $330.8M | $828.4M |
8季度趋势，按日历期对齐
经营现金流GNRCRUSHA
| Q1 26 | $119.3M | — | ||
| Q4 25 | $189.3M | $112.9M | ||
| Q3 25 | $118.4M | $367.8M | ||
| Q2 25 | $72.2M | $227.6M | ||
| Q1 25 | $58.2M | $153.5M | ||
| Q4 24 | $339.5M | $392.3M | ||
| Q3 24 | $212.3M | $111.7M | ||
| Q2 24 | $77.7M | $270.6M |
自由现金流GNRCRUSHA
| Q1 26 | $89.9M | $411.6M | ||
| Q4 25 | $129.9M | $31.9M | ||
| Q3 25 | $96.5M | $271.2M | ||
| Q2 25 | $14.5M | $113.8M | ||
| Q1 25 | $27.2M | $45.1M | ||
| Q4 24 | $286.1M | $263.5M | ||
| Q3 24 | $183.7M | $-20.0M | ||
| Q2 24 | $49.7M | $177.2M |
自由现金流率GNRCRUSHA
| Q1 26 | 8.5% | 24.4% | ||
| Q4 25 | 11.9% | 1.9% | ||
| Q3 25 | 8.7% | 15.2% | ||
| Q2 25 | 1.4% | 6.2% | ||
| Q1 25 | 2.9% | 2.6% | ||
| Q4 24 | 23.2% | 13.7% | ||
| Q3 24 | 15.6% | -1.1% | ||
| Q2 24 | 5.0% | 9.1% |
资本支出强度GNRCRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 5.4% | 4.8% | ||
| Q3 25 | 2.0% | 5.4% | ||
| Q2 25 | 5.4% | 6.2% | ||
| Q1 25 | 3.3% | 6.2% | ||
| Q4 24 | 4.3% | 6.7% | ||
| Q3 24 | 2.4% | 7.3% | ||
| Q2 24 | 2.8% | 4.8% |
现金转化率GNRCRUSHA
| Q1 26 | 1.63× | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | 1.79× | 5.51× | ||
| Q2 25 | 0.98× | 3.14× | ||
| Q1 25 | 1.33× | 2.55× | ||
| Q4 24 | 2.90× | 5.25× | ||
| Q3 24 | 1.87× | 1.41× | ||
| Q2 24 | 1.31× | 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
GNRC
| Residential | $549.3M | 52% |
| Commercial & Industrial | $510.0M | 48% |
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% |
