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哈贝尔（HUBB）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\的季度营收约是哈贝尔的1.1倍（$1.7B vs $1.5B），哈贝尔净利率更高（14.6% vs 3.7%，领先10.9%），哈贝尔同比增速更快（11.9% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $388.8M），过去两年哈贝尔的营收复合增速更高（3.3% vs -6.8%）
哈贝尔（Hubbell Incorporated）是总部位于美国康涅狄格州谢尔顿的企业，由哈维·哈贝尔于1888年创立，1905年在康涅狄格州正式注册。公司主营电气及电子产品的设计、生产与销售，产品广泛应用于住宅、非住宅建筑、工业及公用事业等多个领域。
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。
HUBB vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.1倍
$1.5B
营收增速更快
HUBB
高出20.9%
-9.0%
净利率更高
HUBB
高出10.9%
3.7%
自由现金流更多
RUSHA
多$22.8M
$388.8M
两年增速更快
HUBB
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.7B |
| 净利润 | $217.7M | $61.7M |
| 毛利率 | 34.6% | 20.4% |
| 营业利润率 | 20.3% | 4.9% |
| 净利率 | 14.6% | 3.7% |
| 营收同比 | 11.9% | -9.0% |
| 净利润同比 | 10.5% | 1.8% |
| 每股收益（稀释后） | $4.06 | $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HUBBRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.3B | $1.9B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.5B | $1.9B |
净利润HUBBRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $217.7M | $64.3M | ||
| Q3 25 | $255.5M | $66.7M | ||
| Q2 25 | $244.2M | $72.4M | ||
| Q1 25 | $169.7M | $60.3M | ||
| Q4 24 | $197.0M | $74.8M | ||
| Q3 24 | $219.4M | $79.1M | ||
| Q2 24 | $213.6M | $78.7M |
毛利率HUBBRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 34.6% | 20.8% | ||
| Q3 25 | 36.2% | 21.0% | ||
| Q2 25 | 37.2% | 20.7% | ||
| Q1 25 | 33.1% | 20.3% | ||
| Q4 24 | 33.8% | 19.3% | ||
| Q3 24 | 34.5% | 21.0% | ||
| Q2 24 | 35.0% | 20.2% |
营业利润率HUBBRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 20.3% | 5.5% | ||
| Q3 25 | 22.0% | 5.6% | ||
| Q2 25 | 22.7% | 6.0% | ||
| Q1 25 | 17.5% | 5.2% | ||
| Q4 24 | 19.3% | 5.8% | ||
| Q3 24 | 21.1% | 6.7% | ||
| Q2 24 | 20.7% | 6.4% |
净利率HUBBRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 14.6% | 3.8% | ||
| Q3 25 | 17.0% | 3.7% | ||
| Q2 25 | 16.5% | 3.9% | ||
| Q1 25 | 12.4% | 3.4% | ||
| Q4 24 | 14.8% | 3.9% | ||
| Q3 24 | 15.2% | 4.4% | ||
| Q2 24 | 14.7% | 4.1% |
每股收益（稀释后）HUBBRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $4.06 | $0.81 | ||
| Q3 25 | $4.77 | $0.83 | ||
| Q2 25 | $4.56 | $0.90 | ||
| Q1 25 | $3.15 | $0.73 | ||
| Q4 24 | $3.65 | $-95.13 | ||
| Q3 24 | $4.05 | $0.97 | ||
| Q2 24 | $3.94 | $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 | $497.9M | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $3.8B | $2.3B |
| 总资产 | $8.2B | $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HUBBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $497.9M | $212.6M | ||
| Q3 25 | $680.9M | $242.0M | ||
| Q2 25 | $399.6M | $211.1M | ||
| Q1 25 | $360.3M | $228.7M | ||
| Q4 24 | $345.0M | $228.1M | ||
| Q3 24 | $445.6M | $185.1M | ||
| Q2 24 | $406.5M | $167.3M |
总债务HUBBRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | $408.4M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.9B | — |
股东权益HUBBRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $3.8B | $2.2B | ||
| Q3 25 | $3.7B | $2.2B | ||
| Q2 25 | $3.5B | $2.2B | ||
| Q1 25 | $3.3B | $2.2B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $3.1B | $2.0B |
总资产HUBBRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $8.2B | $4.4B | ||
| Q3 25 | $7.5B | $4.6B | ||
| Q2 25 | $7.1B | $4.7B | ||
| Q1 25 | $6.9B | $4.7B | ||
| Q4 24 | $6.7B | $4.6B | ||
| Q3 24 | $6.9B | $4.6B | ||
| Q2 24 | $6.9B | $4.5B |
负债/权益比HUBBRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.44× | — | ||
| Q4 24 | 0.44× | 0.19× | ||
| Q3 24 | 0.51× | — | ||
| Q2 24 | 0.63× | — |
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 | $447.5M | — |
| 自由现金流经营现金流 - 资本支出 | $388.8M | $411.6M |
| 自由现金流率自由现金流/营收 | 26.0% | 24.4% |
| 资本支出强度资本支出/营收 | 3.9% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.06× | — |
| 过去12个月自由现金流最近4个季度 | $874.7M | $828.4M |
8季度趋势，按日历期对齐
经营现金流HUBBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $447.5M | $112.9M | ||
| Q3 25 | $284.3M | $367.8M | ||
| Q2 25 | $260.6M | $227.6M | ||
| Q1 25 | $37.4M | $153.5M | ||
| Q4 24 | $432.4M | $392.3M | ||
| Q3 24 | $227.0M | $111.7M | ||
| Q2 24 | $239.6M | $270.6M |
自由现金流HUBBRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $388.8M | $31.9M | ||
| Q3 25 | $253.8M | $271.2M | ||
| Q2 25 | $220.7M | $113.8M | ||
| Q1 25 | $11.4M | $45.1M | ||
| Q4 24 | $364.4M | $263.5M | ||
| Q3 24 | $188.8M | $-20.0M | ||
| Q2 24 | $205.7M | $177.2M |
自由现金流率HUBBRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 26.0% | 1.9% | ||
| Q3 25 | 16.9% | 15.2% | ||
| Q2 25 | 14.9% | 6.2% | ||
| Q1 25 | 0.8% | 2.6% | ||
| Q4 24 | 27.3% | 13.7% | ||
| Q3 24 | 13.1% | -1.1% | ||
| Q2 24 | 14.2% | 9.1% |
资本支出强度HUBBRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.9% | 4.8% | ||
| Q3 25 | 2.0% | 5.4% | ||
| Q2 25 | 2.7% | 6.2% | ||
| Q1 25 | 1.9% | 6.2% | ||
| Q4 24 | 5.1% | 6.7% | ||
| Q3 24 | 2.6% | 7.3% | ||
| Q2 24 | 2.3% | 4.8% |
现金转化率HUBBRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 2.06× | 1.75× | ||
| Q3 25 | 1.11× | 5.51× | ||
| Q2 25 | 1.07× | 3.14× | ||
| Q1 25 | 0.22× | 2.55× | ||
| Q4 24 | 2.19× | 5.25× | ||
| Q3 24 | 1.03× | 1.41× | ||
| Q2 24 | 1.12× | 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
HUBB
| Grid Infrastructure | $717.0M | 48% |
| Industrial | $393.7M | 26% |
| Grid Automation | $218.9M | 15% |
| Electrical Products | $163.1M | 11% |
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% |
