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亨斯迈（HUN）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是亨斯迈的1.1倍（$1.5B vs $1.4B），RXO, Inc.净利率更高（-3.1% vs -7.1%，领先4.0%），亨斯迈同比增速更快（-6.7% vs -11.9%），亨斯迈自由现金流更多（$19.0M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -4.0%）
亨斯迈公司是总部位于美国得克萨斯州伍德兰兹的全球化化工巨头，面向消费端与工业客户生产、销售各类化工产品，主营聚氨酯、高性能材料及胶粘剂，客户覆盖宝马、通用电气、雪佛龙、宝洁、联合利华等知名品牌。目前公司在全球25个国家设有60余处生产、研发及运营基地，员工约7000人。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
HUN vs RXO — 直观对比
营收规模更大
RXO
是对方的1.1倍
$1.4B
营收增速更快
HUN
高出5.2%
-11.9%
净利率更高
RXO
高出4.0%
-7.1%
自由现金流更多
HUN
多$28.0M
$-9.0M
两年增速更快
RXO
近两年复合增速
-4.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.5B |
| 净利润 | $-96.0M | $-46.0M |
| 毛利率 | 12.1% | — |
| 营业利润率 | -4.4% | -2.9% |
| 净利率 | -7.1% | -3.1% |
| 营收同比 | -6.7% | -11.9% |
| 净利润同比 | 31.9% | -84.0% |
| 每股收益（稀释后） | $-0.56 | $-0.28 |
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HUNRXO
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.5B | $1.7B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.6B | $930.0M | ||
| Q1 24 | $1.5B | $913.0M |
净利润HUNRXO
| Q4 25 | $-96.0M | $-46.0M | ||
| Q3 25 | $-25.0M | $-14.0M | ||
| Q2 25 | $-158.0M | $-9.0M | ||
| Q1 25 | $-5.0M | $-31.0M | ||
| Q4 24 | $-141.0M | $-25.0M | ||
| Q3 24 | $-33.0M | $-243.0M | ||
| Q2 24 | $22.0M | $-7.0M | ||
| Q1 24 | $-37.0M | $-15.0M |
毛利率HUNRXO
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 12.5% | — | ||
| Q1 25 | 14.3% | — | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 13.7% | — |
营业利润率HUNRXO
| Q4 25 | -4.4% | -2.9% | ||
| Q3 25 | 0.4% | -0.5% | ||
| Q2 25 | -8.2% | — | ||
| Q1 25 | 3.0% | -2.1% | ||
| Q4 24 | -4.3% | -1.4% | ||
| Q3 24 | 2.7% | -1.9% | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | -2.6% | -1.3% |
净利率HUNRXO
| Q4 25 | -7.1% | -3.1% | ||
| Q3 25 | -1.7% | -1.0% | ||
| Q2 25 | -10.8% | -0.6% | ||
| Q1 25 | -0.4% | -2.2% | ||
| Q4 24 | -9.7% | -1.5% | ||
| Q3 24 | -2.1% | -23.4% | ||
| Q2 24 | 1.4% | -0.8% | ||
| Q1 24 | -2.5% | -1.6% |
每股收益（稀释后）HUNRXO
| Q4 25 | $-0.56 | $-0.28 | ||
| Q3 25 | $-0.14 | $-0.08 | ||
| Q2 25 | $-0.92 | $-0.05 | ||
| Q1 25 | $-0.03 | $-0.18 | ||
| Q4 24 | $-0.82 | $-0.17 | ||
| Q3 24 | $-0.19 | $-1.81 | ||
| Q2 24 | $0.13 | $-0.06 | ||
| Q1 24 | $-0.22 | $-0.13 |
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 | $429.0M | $17.0M |
| 总债务越低越好 | $2.0B | $387.0M |
| 股东权益账面价值 | $2.8B | $1.5B |
| 总资产 | $7.0B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资HUNRXO
| Q4 25 | $429.0M | $17.0M | ||
| Q3 25 | $468.0M | $25.0M | ||
| Q2 25 | $399.0M | $18.0M | ||
| Q1 25 | $334.0M | $16.0M | ||
| Q4 24 | $340.0M | $35.0M | ||
| Q3 24 | $330.0M | $55.0M | ||
| Q2 24 | $335.0M | $7.0M | ||
| Q1 24 | $552.0M | $7.0M |
总债务HUNRXO
| Q4 25 | $2.0B | $387.0M | ||
| Q3 25 | $2.0B | $387.0M | ||
| Q2 25 | $2.0B | $387.0M | ||
| Q1 25 | $2.0B | $387.0M | ||
| Q4 24 | $1.8B | $351.0M | ||
| Q3 24 | $1.9B | $352.0M | ||
| Q2 24 | $1.9B | $370.0M | ||
| Q1 24 | $2.1B | $351.0M |
股东权益HUNRXO
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $2.8B | $1.6B | ||
| Q2 25 | $2.8B | $1.6B | ||
| Q1 25 | $3.0B | $1.6B | ||
| Q4 24 | $3.0B | $1.6B | ||
| Q3 24 | $3.1B | $1.7B | ||
| Q2 24 | $3.1B | $579.0M | ||
| Q1 24 | $3.2B | $582.0M |
总资产HUNRXO
| Q4 25 | $7.0B | $3.3B | ||
| Q3 25 | $7.1B | $3.2B | ||
| Q2 25 | $7.1B | $3.2B | ||
| Q1 25 | $7.2B | $3.3B | ||
| Q4 24 | $7.1B | $3.4B | ||
| Q3 24 | $7.3B | $3.4B | ||
| Q2 24 | $7.3B | $1.8B | ||
| Q1 24 | $7.6B | $1.8B |
负债/权益比HUNRXO
| Q4 25 | 0.73× | 0.25× | ||
| Q3 25 | 0.73× | 0.24× | ||
| Q2 25 | 0.72× | 0.24× | ||
| Q1 25 | 0.66× | 0.24× | ||
| Q4 24 | 0.62× | 0.22× | ||
| Q3 24 | 0.60× | 0.21× | ||
| Q2 24 | 0.62× | 0.64× | ||
| Q1 24 | 0.65× | 0.60× |
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 | $76.0M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $19.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | 1.4% | -0.6% |
| 资本支出强度资本支出/营收 | 4.2% | 1.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $116.0M | $-8.0M |
8季度趋势，按日历期对齐
经营现金流HUNRXO
| Q4 25 | $76.0M | $7.0M | ||
| Q3 25 | $196.0M | $23.0M | ||
| Q2 25 | $91.0M | $23.0M | ||
| Q1 25 | $-74.0M | $-2.0M | ||
| Q4 24 | $153.0M | $-7.0M | ||
| Q3 24 | $129.0M | $-7.0M | ||
| Q2 24 | $46.0M | $-5.0M | ||
| Q1 24 | $-65.0M | $7.0M |
自由现金流HUNRXO
| Q4 25 | $19.0M | $-9.0M | ||
| Q3 25 | $153.0M | $9.0M | ||
| Q2 25 | $54.0M | $9.0M | ||
| Q1 25 | $-110.0M | $-17.0M | ||
| Q4 24 | $102.0M | $-19.0M | ||
| Q3 24 | $88.0M | $-18.0M | ||
| Q2 24 | $-4.0M | $-16.0M | ||
| Q1 24 | $-107.0M | $-4.0M |
自由现金流率HUNRXO
| Q4 25 | 1.4% | -0.6% | ||
| Q3 25 | 10.5% | 0.6% | ||
| Q2 25 | 3.7% | 0.6% | ||
| Q1 25 | -7.8% | -1.2% | ||
| Q4 24 | 7.0% | -1.1% | ||
| Q3 24 | 5.7% | -1.7% | ||
| Q2 24 | -0.3% | -1.7% | ||
| Q1 24 | -7.3% | -0.4% |
资本支出强度HUNRXO
| Q4 25 | 4.2% | 1.1% | ||
| Q3 25 | 2.9% | 1.0% | ||
| Q2 25 | 2.5% | 1.0% | ||
| Q1 25 | 2.6% | 1.0% | ||
| Q4 24 | 3.5% | 0.7% | ||
| Q3 24 | 2.7% | 1.1% | ||
| Q2 24 | 3.2% | 1.2% | ||
| Q1 24 | 2.9% | 1.2% |
现金转化率HUNRXO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.09× | — | ||
| Q1 24 | — | — |
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
HUN
| Diversified | $897.0M | 66% |
| Specialty | $231.0M | 17% |
| Performance Products | $113.0M | 8% |
| Advanced Materials | $61.0M | 5% |
| Related Party Customers | $19.0M | 1% |
| Other | $12.0M | 1% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
