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哈里伯顿（HAL）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
哈里伯顿的季度营收约是J.B. Hunt的1.7倍（$5.4B vs $3.1B），哈里伯顿净利率更高（8.6% vs 5.8%，领先2.7%），J.B. Hunt同比增速更快（-1.6% vs -4.5%），J.B. Hunt自由现金流更多（$251.3M vs $123.0M），过去两年J.B. Hunt的营收复合增速更高（2.6% vs -3.8%）
哈里伯顿是源自美国的跨国企业，为全球第二大油田服务提供商，承接了全球绝大多数水力压裂作业项目。公司在美国注册，设有休斯敦与迪拜双总部，业务覆盖全球主要油气开采市场。
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。
HAL vs JBHT — 直观对比
营收规模更大
HAL
是对方的1.7倍
$3.1B
营收增速更快
JBHT
高出2.9%
-4.5%
净利率更高
HAL
高出2.7%
5.8%
自由现金流更多
JBHT
多$128.3M
$123.0M
两年增速更快
JBHT
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $3.1B |
| 净利润 | $464.0M | $181.1M |
| 毛利率 | — | — |
| 营业利润率 | 12.6% | 8.0% |
| 净利率 | 8.6% | 5.8% |
| 营收同比 | -4.5% | -1.6% |
| 净利润同比 | -21.2% | 16.5% |
| 每股收益（稀释后） | $0.55 | $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HALJBHT
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.7B | $3.1B | ||
| Q3 25 | $5.6B | $3.1B | ||
| Q2 25 | $5.5B | $2.9B | ||
| Q1 25 | $5.4B | $2.9B | ||
| Q4 24 | $5.6B | $3.1B | ||
| Q3 24 | $5.7B | $3.1B | ||
| Q2 24 | $5.8B | $2.9B |
净利润HALJBHT
| Q1 26 | $464.0M | — | ||
| Q4 25 | $589.0M | $181.1M | ||
| Q3 25 | $18.0M | $170.8M | ||
| Q2 25 | $472.0M | $128.6M | ||
| Q1 25 | $204.0M | $117.7M | ||
| Q4 24 | $615.0M | $155.5M | ||
| Q3 24 | $571.0M | $152.1M | ||
| Q2 24 | $709.0M | $135.9M |
营业利润率HALJBHT
| Q1 26 | 12.6% | — | ||
| Q4 25 | 13.2% | 8.0% | ||
| Q3 25 | 6.4% | 7.9% | ||
| Q2 25 | 13.2% | 6.7% | ||
| Q1 25 | 8.0% | 6.1% | ||
| Q4 24 | 16.6% | 6.6% | ||
| Q3 24 | 15.3% | 7.3% | ||
| Q2 24 | 17.7% | 7.0% |
净利率HALJBHT
| Q1 26 | 8.6% | — | ||
| Q4 25 | 10.4% | 5.8% | ||
| Q3 25 | 0.3% | 5.6% | ||
| Q2 25 | 8.6% | 4.4% | ||
| Q1 25 | 3.8% | 4.0% | ||
| Q4 24 | 11.0% | 4.9% | ||
| Q3 24 | 10.0% | 5.0% | ||
| Q2 24 | 12.2% | 4.6% |
每股收益（稀释后）HALJBHT
| Q1 26 | $0.55 | — | ||
| Q4 25 | — | $1.88 | ||
| Q3 25 | $0.02 | $1.76 | ||
| Q2 25 | $0.55 | $1.31 | ||
| Q1 25 | $0.24 | $1.17 | ||
| Q4 24 | — | $1.53 | ||
| Q3 24 | $650000.00 | $1.49 | ||
| Q2 24 | $800000.00 | $1.32 |
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 | $2.0M | $17.3M |
| 总债务越低越好 | $7.2M | — |
| 股东权益账面价值 | $10.8M | $3.6B |
| 总资产 | $25.1M | $7.9B |
| 负债/权益比越低杠杆越低 | 0.66× | — |
8季度趋势，按日历期对齐
现金及短期投资HALJBHT
| Q1 26 | $2.0M | — | ||
| Q4 25 | $2.2B | $17.3M | ||
| Q3 25 | $2.0B | $52.3M | ||
| Q2 25 | — | $50.9M | ||
| Q1 25 | — | $43.4M | ||
| Q4 24 | $2.6B | $47.0M | ||
| Q3 24 | — | $120.0M | ||
| Q2 24 | — | $53.5M |
总债务HALJBHT
| Q1 26 | $7.2M | — | ||
| Q4 25 | $7.2B | — | ||
| Q3 25 | $7.2B | — | ||
| Q2 25 | $7.2B | — | ||
| Q1 25 | $7.2B | — | ||
| Q4 24 | $7.2B | $977.7M | ||
| Q3 24 | $7.6B | $1.0B | ||
| Q2 24 | $7.6B | $1.5B |
股东权益HALJBHT
| Q1 26 | $10.8M | — | ||
| Q4 25 | $10.5B | $3.6B | ||
| Q3 25 | $10.2B | $3.6B | ||
| Q2 25 | $10.5B | $3.7B | ||
| Q1 25 | $10.4B | $3.9B | ||
| Q4 24 | $10.5B | $4.0B | ||
| Q3 24 | $10.3B | $4.0B | ||
| Q2 24 | $10.0B | $4.1B |
总资产HALJBHT
| Q1 26 | $25.1M | — | ||
| Q4 25 | $25.0B | $7.9B | ||
| Q3 25 | $25.2B | $8.1B | ||
| Q2 25 | $25.4B | $8.2B | ||
| Q1 25 | $25.2B | $8.3B | ||
| Q4 24 | $25.6B | $8.3B | ||
| Q3 24 | $25.3B | $8.3B | ||
| Q2 24 | $25.2B | $8.4B |
负债/权益比HALJBHT
| Q1 26 | 0.66× | — | ||
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.68× | 0.24× | ||
| Q3 24 | 0.74× | 0.26× | ||
| Q2 24 | 0.76× | 0.36× |
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 | — | $385.6M |
| 自由现金流经营现金流 - 资本支出 | $123.0M | $251.3M |
| 自由现金流率自由现金流/营收 | 2.3% | 8.1% |
| 资本支出强度资本支出/营收 | 3.6% | 4.3% |
| 现金转化率经营现金流/净利润 | — | 2.13× |
| 过去12个月自由现金流最近4个季度 | $1.7B | $947.6M |
8季度趋势，按日历期对齐
经营现金流HALJBHT
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $385.6M | ||
| Q3 25 | $488.0M | $486.4M | ||
| Q2 25 | $896.0M | $402.1M | ||
| Q1 25 | $377.0M | $404.2M | ||
| Q4 24 | $1.5B | $317.6M | ||
| Q3 24 | $841.0M | $338.5M | ||
| Q2 24 | $1.1B | $360.6M |
自由现金流HALJBHT
| Q1 26 | $123.0M | — | ||
| Q4 25 | $828.0M | $251.3M | ||
| Q3 25 | $227.0M | $352.4M | ||
| Q2 25 | $542.0M | $185.6M | ||
| Q1 25 | $75.0M | $158.4M | ||
| Q4 24 | $1.0B | $93.3M | ||
| Q3 24 | $502.0M | $163.1M | ||
| Q2 24 | $734.0M | $98.2M |
自由现金流率HALJBHT
| Q1 26 | 2.3% | — | ||
| Q4 25 | 14.6% | 8.1% | ||
| Q3 25 | 4.1% | 11.5% | ||
| Q2 25 | 9.8% | 6.3% | ||
| Q1 25 | 1.4% | 5.4% | ||
| Q4 24 | 18.4% | 3.0% | ||
| Q3 24 | 8.8% | 5.3% | ||
| Q2 24 | 12.6% | 3.4% |
资本支出强度HALJBHT
| Q1 26 | 3.6% | — | ||
| Q4 25 | 6.0% | 4.3% | ||
| Q3 25 | 4.7% | 4.4% | ||
| Q2 25 | 6.4% | 7.4% | ||
| Q1 25 | 5.6% | 8.4% | ||
| Q4 24 | 7.6% | 7.1% | ||
| Q3 24 | 6.0% | 5.7% | ||
| Q2 24 | 5.9% | 9.0% |
现金转化率HALJBHT
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.13× | ||
| Q3 25 | 27.11× | 2.85× | ||
| Q2 25 | 1.90× | 3.13× | ||
| Q1 25 | 1.85× | 3.43× | ||
| Q4 24 | 2.37× | 2.04× | ||
| Q3 24 | 1.47× | 2.23× | ||
| Q2 24 | 1.52× | 2.65× |
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
HAL
| Completion and Production | $3.0B | 56% |
| Middle East/Asia | $1.3B | 24% |
| Europe/Africa/CIS | $858.0M | 16% |
| Other | $210.0M | 4% |
JBHT
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
