vs
霍尼韦尔（HON）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
霍尼韦尔的季度营收约是RYDER SYSTEM INC的2.9倍（$9.1B vs $3.1B），霍尼韦尔净利率更高（8.7% vs 3.0%，领先5.7%），霍尼韦尔同比增速更快（2.0% vs 1.0%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $56.0M），过去两年RYDER SYSTEM INC的营收复合增速更高（-0.9% vs -2.3%）
霍尼韦尔国际是总部位于美国北卡罗来纳州夏洛特的上市跨国集团，位列2023年《财富》世界500强第115位。核心业务覆盖航空航天、楼宇自动化、工业自动化、能源与可持续发展解决方案四大领域，还受美国能源部委托运营桑迪亚国家实验室。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
HON vs R — 直观对比
营收规模更大
HON
是对方的2.9倍
$3.1B
营收增速更快
HON
高出1.0%
1.0%
净利率更高
HON
高出5.7%
3.0%
自由现金流更多
R
多$217.0M
$56.0M
两年增速更快
R
近两年复合增速
-2.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.1B | $3.1B |
| 净利润 | $795.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.1% | — |
| 净利率 | 8.7% | 3.0% |
| 营收同比 | 2.0% | 1.0% |
| 净利润同比 | -43.3% | -5.1% |
| 每股收益（稀释后） | $1.29 | $2.34 |
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HONR
| Q1 26 | $9.1B | $3.1B | ||
| Q4 25 | $6.9B | $3.2B | ||
| Q3 25 | $10.4B | $3.2B | ||
| Q2 25 | $10.4B | $3.2B | ||
| Q1 25 | $9.8B | $3.1B | ||
| Q4 24 | $10.1B | $3.2B | ||
| Q3 24 | $9.7B | $3.2B | ||
| Q2 24 | $9.6B | $3.2B |
净利润HONR
| Q1 26 | $795.0M | $93.0M | ||
| Q4 25 | $-115.0M | $132.0M | ||
| Q3 25 | $1.8B | $138.0M | ||
| Q2 25 | $1.6B | $131.0M | ||
| Q1 25 | $1.4B | $98.0M | ||
| Q4 24 | $1.3B | $135.0M | ||
| Q3 24 | $1.4B | $142.0M | ||
| Q2 24 | $1.5B | $127.0M |
毛利率HONR
| Q1 26 | — | — | ||
| Q4 25 | 36.1% | — | ||
| Q3 25 | 31.1% | — | ||
| Q2 25 | 35.4% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 35.1% | — | ||
| Q2 24 | 35.0% | — |
营业利润率HONR
| Q1 26 | 16.1% | — | ||
| Q4 25 | 16.0% | 5.6% | ||
| Q3 25 | 23.1% | 6.0% | ||
| Q2 25 | 22.9% | 5.8% | ||
| Q1 25 | 23.0% | 4.3% | ||
| Q4 24 | 21.6% | 5.7% | ||
| Q3 24 | 23.6% | 5.9% | ||
| Q2 24 | 23.0% | 5.6% |
净利率HONR
| Q1 26 | 8.7% | 3.0% | ||
| Q4 25 | -1.7% | 4.2% | ||
| Q3 25 | 17.5% | 4.4% | ||
| Q2 25 | 15.2% | 4.1% | ||
| Q1 25 | 14.8% | 3.1% | ||
| Q4 24 | 12.7% | 4.2% | ||
| Q3 24 | 14.5% | 4.5% | ||
| Q2 24 | 16.1% | 4.0% |
每股收益（稀释后）HONR
| Q1 26 | $1.29 | $2.34 | ||
| Q4 25 | $-0.17 | $3.22 | ||
| Q3 25 | $2.86 | $3.32 | ||
| Q2 25 | $2.45 | $3.13 | ||
| Q1 25 | $2.22 | $2.27 | ||
| Q4 24 | $1.96 | $3.09 | ||
| Q3 24 | $2.16 | $3.24 | ||
| Q2 24 | $2.36 | $2.84 |
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 | $12.4B | $182.0M |
| 总债务越低越好 | $32.1B | — |
| 股东权益账面价值 | — | $2.9B |
| 总资产 | $74.0B | — |
| 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HONR
| Q1 26 | $12.4B | $182.0M | ||
| Q4 25 | $12.9B | $198.0M | ||
| Q3 25 | $13.4B | $189.0M | ||
| Q2 25 | $10.7B | $180.0M | ||
| Q1 25 | $10.1B | $151.0M | ||
| Q4 24 | $11.0B | $154.0M | ||
| Q3 24 | $10.9B | $162.0M | ||
| Q2 24 | $9.8B | $164.0M |
总债务HONR
| Q1 26 | $32.1B | — | ||
| Q4 25 | $27.1B | $6.8B | ||
| Q3 25 | $30.1B | $7.3B | ||
| Q2 25 | $30.2B | $7.0B | ||
| Q1 25 | $25.7B | $6.7B | ||
| Q4 24 | $25.5B | $6.7B | ||
| Q3 24 | $25.9B | $6.6B | ||
| Q2 24 | $20.9B | $6.5B |
股东权益HONR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $13.9B | $3.1B | ||
| Q3 25 | $16.8B | $3.1B | ||
| Q2 25 | $16.1B | $3.1B | ||
| Q1 25 | $17.5B | $3.0B | ||
| Q4 24 | $18.6B | $3.1B | ||
| Q3 24 | $17.4B | $3.1B | ||
| Q2 24 | $16.9B | $3.1B |
总资产HONR
| Q1 26 | $74.0B | — | ||
| Q4 25 | $73.7B | $16.4B | ||
| Q3 25 | $80.9B | $16.5B | ||
| Q2 25 | $78.4B | $16.5B | ||
| Q1 25 | $75.2B | $16.4B | ||
| Q4 24 | $75.2B | $16.7B | ||
| Q3 24 | $73.5B | $16.5B | ||
| Q2 24 | $69.3B | $16.4B |
负债/权益比HONR
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 2.24× | ||
| Q3 25 | 1.79× | 2.35× | ||
| Q2 25 | 1.87× | 2.27× | ||
| Q1 25 | 1.47× | 2.21× | ||
| Q4 24 | 1.37× | 2.14× | ||
| Q3 24 | 1.49× | 2.17× | ||
| Q2 24 | 1.23× | 2.09× |
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 | $0 | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $56.0M | $273.0M |
| 自由现金流率自由现金流/营收 | 0.6% | 8.7% |
| 资本支出强度资本支出/营收 | 2.4% | 13.7% |
| 现金转化率经营现金流/净利润 | 0.00× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $5.1B | $595.0M |
8季度趋势，按日历期对齐
经营现金流HONR
| Q1 26 | $0 | $583.0M | ||
| Q4 25 | $1.2B | $749.0M | ||
| Q3 25 | $3.3B | $442.0M | ||
| Q2 25 | $1.3B | $752.0M | ||
| Q1 25 | $597.0M | $651.0M | ||
| Q4 24 | $2.3B | $558.0M | ||
| Q3 24 | $2.0B | $629.0M | ||
| Q2 24 | $1.4B | $552.0M |
自由现金流HONR
| Q1 26 | $56.0M | $273.0M | ||
| Q4 25 | $1.1B | $344.0M | ||
| Q3 25 | $2.9B | $-85.0M | ||
| Q2 25 | $1.0B | $63.0M | ||
| Q1 25 | $346.0M | $137.0M | ||
| Q4 24 | $1.9B | $-201.0M | ||
| Q3 24 | $1.7B | $30.0M | ||
| Q2 24 | $1.1B | $-87.0M |
自由现金流率HONR
| Q1 26 | 0.6% | 8.7% | ||
| Q4 25 | 16.7% | 10.8% | ||
| Q3 25 | 28.0% | -2.7% | ||
| Q2 25 | 9.8% | 2.0% | ||
| Q1 25 | 3.5% | 4.4% | ||
| Q4 24 | 18.7% | -6.3% | ||
| Q3 24 | 17.7% | 0.9% | ||
| Q2 24 | 11.6% | -2.7% |
资本支出强度HONR
| Q1 26 | 2.4% | 13.7% | ||
| Q4 25 | 0.8% | 12.8% | ||
| Q3 25 | 3.6% | 16.6% | ||
| Q2 25 | 2.9% | 21.6% | ||
| Q1 25 | 2.6% | 16.4% | ||
| Q4 24 | 3.9% | 23.8% | ||
| Q3 24 | 2.9% | 18.9% | ||
| Q2 24 | 2.7% | 20.1% |
现金转化率HONR
| Q1 26 | 0.00× | 6.27× | ||
| Q4 25 | — | 5.67× | ||
| Q3 25 | 1.80× | 3.20× | ||
| Q2 25 | 0.84× | 5.74× | ||
| Q1 25 | 0.41× | 6.64× | ||
| Q4 24 | 1.78× | 4.13× | ||
| Q3 24 | 1.41× | 4.43× | ||
| Q2 24 | 0.89× | 4.35× |
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
HON
| Aerospace Technologies | $4.3B | 47% |
| Building Automation | $1.9B | 21% |
| Process Automation and Technology | $1.5B | 17% |
| Industrial Automation | $1.4B | 16% |
| Corporate and All Other | $5.0M | 0% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
