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Hub Group, Inc.（HUBG）与KIRBY CORP（KEX）财务数据对比。点击上方公司名可切换其他公司
Hub Group, Inc.的季度营收约是KIRBY CORP的1.1倍（$934.5M vs $851.8M），KIRBY CORP净利率更高（10.8% vs 3.1%，领先7.7%），KIRBY CORP同比增速更快（6.2% vs -5.3%），KIRBY CORP自由现金流更多（$265.2M vs $19.4M），过去两年KIRBY CORP的营收复合增速更高（2.7% vs -2.6%）
Hub Group是北美知名的运输与物流管理企业，1971年由菲利普·耶格尔创立，1996年上市，总部位于伊利诺伊州奥克布鲁克，目前由创始人之孙菲利普·D·耶格尔运营，年营收超50亿美元，为客户提供专业的供应链及物流解决方案。
总部位于美国得克萨斯州休斯顿的Kirby Corporation是美国最大的罐驳船运营商，业务覆盖密西西比河水系、海湾沿岸航道、美国三大海岸沿线及阿拉斯加、夏威夷地区，主营通过罐驳船运输石化产品、黑油、精炼石油制品、农化产品，同时拥有并运营8组远洋驳船及拖船运输单元。
HUBG vs KEX — 直观对比
营收规模更大
HUBG
是对方的1.1倍
$851.8M
营收增速更快
KEX
高出11.5%
-5.3%
净利率更高
KEX
高出7.7%
3.1%
自由现金流更多
KEX
多$245.8M
$19.4M
两年增速更快
KEX
近两年复合增速
-2.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $934.5M | $851.8M |
| 净利润 | $28.6M | $91.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | 15.2% |
| 净利率 | 3.1% | 10.8% |
| 营收同比 | -5.3% | 6.2% |
| 净利润同比 | 21.0% | 114.4% |
| 每股收益（稀释后） | $0.47 | $1.68 |
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HUBGKEX
| Q4 25 | — | $851.8M | ||
| Q3 25 | $934.5M | $871.2M | ||
| Q2 25 | $905.6M | $855.5M | ||
| Q1 25 | $915.2M | $785.7M | ||
| Q4 24 | $973.5M | $802.3M | ||
| Q3 24 | $986.9M | $831.1M | ||
| Q2 24 | $986.5M | $824.4M | ||
| Q1 24 | $999.5M | $808.0M |
净利润HUBGKEX
| Q4 25 | — | $91.8M | ||
| Q3 25 | $28.6M | $92.5M | ||
| Q2 25 | $25.2M | $94.3M | ||
| Q1 25 | $26.8M | $76.0M | ||
| Q4 24 | $24.3M | $42.8M | ||
| Q3 24 | $23.6M | $90.0M | ||
| Q2 24 | $29.0M | $83.9M | ||
| Q1 24 | $27.1M | $70.1M |
营业利润率HUBGKEX
| Q4 25 | — | 15.2% | ||
| Q3 25 | 4.2% | 14.8% | ||
| Q2 25 | 3.8% | 15.4% | ||
| Q1 25 | 4.1% | 13.4% | ||
| Q4 24 | 3.2% | 6.3% | ||
| Q3 24 | 3.3% | 15.3% | ||
| Q2 24 | 4.0% | 14.6% | ||
| Q1 24 | 3.7% | 12.6% |
净利率HUBGKEX
| Q4 25 | — | 10.8% | ||
| Q3 25 | 3.1% | 10.6% | ||
| Q2 25 | 2.8% | 11.0% | ||
| Q1 25 | 2.9% | 9.7% | ||
| Q4 24 | 2.5% | 5.3% | ||
| Q3 24 | 2.4% | 10.8% | ||
| Q2 24 | 2.9% | 10.2% | ||
| Q1 24 | 2.7% | 8.7% |
每股收益（稀释后）HUBGKEX
| Q4 25 | — | $1.68 | ||
| Q3 25 | $0.47 | $1.65 | ||
| Q2 25 | $0.42 | $1.67 | ||
| Q1 25 | $0.44 | $1.33 | ||
| Q4 24 | $0.40 | $0.74 | ||
| Q3 24 | $0.39 | $1.55 | ||
| Q2 24 | $0.47 | $1.43 | ||
| Q1 24 | $0.44 | $1.19 |
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 | $119.7M | $78.8M |
| 总债务越低越好 | $255.0M | $919.3M |
| 股东权益账面价值 | $1.7B | $3.4B |
| 总资产 | $2.9B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资HUBGKEX
| Q4 25 | — | $78.8M | ||
| Q3 25 | $119.7M | $47.0M | ||
| Q2 25 | $137.0M | $68.4M | ||
| Q1 25 | $112.7M | $51.1M | ||
| Q4 24 | $98.2M | $74.4M | ||
| Q3 24 | $186.1M | $67.1M | ||
| Q2 24 | $220.2M | $53.5M | ||
| Q1 24 | $195.4M | $75.2M |
总债务HUBGKEX
| Q4 25 | — | $919.3M | ||
| Q3 25 | $255.0M | $1.0B | ||
| Q2 25 | $231.9M | $1.1B | ||
| Q1 25 | $252.1M | $1.1B | ||
| Q4 24 | $264.4M | $874.9M | ||
| Q3 24 | $287.1M | $978.6M | ||
| Q2 24 | $313.1M | $1.0B | ||
| Q1 24 | $334.8M | $1.1B |
股东权益HUBGKEX
| Q4 25 | — | $3.4B | ||
| Q3 25 | $1.7B | $3.4B | ||
| Q2 25 | $1.7B | $3.4B | ||
| Q1 25 | $1.6B | $3.3B | ||
| Q4 24 | $1.6B | $3.4B | ||
| Q3 24 | $1.6B | $3.3B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.6B | $3.2B |
总资产HUBGKEX
| Q4 25 | — | $6.0B | ||
| Q3 25 | $2.9B | $6.1B | ||
| Q2 25 | $2.8B | $6.1B | ||
| Q1 25 | $2.8B | $6.0B | ||
| Q4 24 | $2.9B | $5.9B | ||
| Q3 24 | $2.8B | $5.9B | ||
| Q2 24 | $2.9B | $5.9B | ||
| Q1 24 | $2.9B | $5.8B |
负债/权益比HUBGKEX
| Q4 25 | — | 0.27× | ||
| Q3 25 | 0.15× | 0.31× | ||
| Q2 25 | 0.14× | 0.33× | ||
| Q1 25 | 0.15× | 0.33× | ||
| Q4 24 | 0.16× | 0.26× | ||
| Q3 24 | 0.18× | 0.30× | ||
| Q2 24 | 0.19× | 0.32× | ||
| Q1 24 | 0.21× | 0.33× |
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 | $28.1M | $312.2M |
| 自由现金流经营现金流 - 资本支出 | $19.4M | $265.2M |
| 自由现金流率自由现金流/营收 | 2.1% | 31.1% |
| 资本支出强度资本支出/营收 | 0.9% | 5.5% |
| 现金转化率经营现金流/净利润 | 0.98× | 3.40× |
| 过去12个月自由现金流最近4个季度 | $113.4M | $405.7M |
8季度趋势，按日历期对齐
经营现金流HUBGKEX
| Q4 25 | — | $312.2M | ||
| Q3 25 | $28.1M | $227.5M | ||
| Q2 25 | $61.5M | $93.9M | ||
| Q1 25 | $70.0M | $36.5M | ||
| Q4 24 | $604.0K | $247.4M | ||
| Q3 24 | $43.4M | $206.5M | ||
| Q2 24 | $69.9M | $179.3M | ||
| Q1 24 | $80.5M | $123.3M |
自由现金流HUBGKEX
| Q4 25 | — | $265.2M | ||
| Q3 25 | $19.4M | $160.3M | ||
| Q2 25 | $50.2M | $22.4M | ||
| Q1 25 | $50.8M | $-42.1M | ||
| Q4 24 | $-7.0M | $150.7M | ||
| Q3 24 | $31.4M | $130.1M | ||
| Q2 24 | $56.2M | $90.8M | ||
| Q1 24 | $63.0M | $42.2M |
自由现金流率HUBGKEX
| Q4 25 | — | 31.1% | ||
| Q3 25 | 2.1% | 18.4% | ||
| Q2 25 | 5.5% | 2.6% | ||
| Q1 25 | 5.6% | -5.4% | ||
| Q4 24 | -0.7% | 18.8% | ||
| Q3 24 | 3.2% | 15.7% | ||
| Q2 24 | 5.7% | 11.0% | ||
| Q1 24 | 6.3% | 5.2% |
资本支出强度HUBGKEX
| Q4 25 | — | 5.5% | ||
| Q3 25 | 0.9% | 7.7% | ||
| Q2 25 | 1.2% | 8.4% | ||
| Q1 25 | 2.1% | 10.0% | ||
| Q4 24 | 0.8% | 12.0% | ||
| Q3 24 | 1.2% | 9.2% | ||
| Q2 24 | 1.4% | 10.7% | ||
| Q1 24 | 1.8% | 10.0% |
现金转化率HUBGKEX
| Q4 25 | — | 3.40× | ||
| Q3 25 | 0.98× | 2.46× | ||
| Q2 25 | 2.44× | 1.00× | ||
| Q1 25 | 2.61× | 0.48× | ||
| Q4 24 | 0.02× | 5.78× | ||
| Q3 24 | 1.84× | 2.30× | ||
| Q2 24 | 2.41× | 2.14× | ||
| Q1 24 | 2.98× | 1.76× |
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
HUBG
| Intermodal | $561.5M | 60% |
| Other | $343.6M | 37% |
| Inter Segment | $29.4M | 3% |
KEX
| Inland Transportation | $379.2M | 45% |
| Power Generation | $191.1M | 22% |
| Commercial And Industrial | $149.4M | 18% |
| Coastal Transportation | $102.5M | 12% |
| Oil And Gas | $29.6M | 3% |
