vs
海斯特耶鲁（HY）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\的季度营收约是海斯特耶鲁的1.8倍（$1.7B vs $923.2M），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs -5.7%，领先9.3%），RUSH ENTERPRISES INC \TX\同比增速更快（-9.0% vs -13.5%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $32.9M），过去两年海斯特耶鲁的营收复合增速更高（-6.5% vs -6.8%）
海斯特-耶鲁物料搬运公司通过其全资运营子公司海斯特-耶鲁集团，主要以海斯特与耶鲁品牌在全球范围设计研发、生产销售全系列叉车，并提供售后配件与相关服务。该公司2002年起就在NACCO工业集团内独立运营，最终于2012年从NACCO分拆独立。
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。
HY vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.8倍
$923.2M
营收增速更快
RUSHA
高出4.5%
-13.5%
净利率更高
RUSHA
高出9.3%
-5.7%
自由现金流更多
RUSHA
多$378.7M
$32.9M
两年增速更快
HY
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $923.2M | $1.7B |
| 净利润 | $-52.5M | $61.7M |
| 毛利率 | 14.2% | 20.4% |
| 营业利润率 | -4.0% | 4.9% |
| 净利率 | -5.7% | 3.7% |
| 营收同比 | -13.5% | -9.0% |
| 净利润同比 | -609.7% | 1.8% |
| 每股收益（稀释后） | $-2.97 | $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HYRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $923.2M | $1.7B | ||
| Q3 25 | $979.1M | $1.8B | ||
| Q2 25 | $956.6M | $1.8B | ||
| Q1 25 | $910.4M | $1.8B | ||
| Q4 24 | $1.1B | $1.9B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $1.2B | $1.9B |
净利润HYRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $-52.5M | $64.3M | ||
| Q3 25 | $-2.3M | $66.7M | ||
| Q2 25 | $-13.9M | $72.4M | ||
| Q1 25 | $8.6M | $60.3M | ||
| Q4 24 | $10.3M | $74.8M | ||
| Q3 24 | $17.2M | $79.1M | ||
| Q2 24 | $63.3M | $78.7M |
毛利率HYRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 14.2% | 20.8% | ||
| Q3 25 | 15.9% | 21.0% | ||
| Q2 25 | 17.6% | 20.7% | ||
| Q1 25 | 19.5% | 20.3% | ||
| Q4 24 | 19.4% | 19.3% | ||
| Q3 24 | 19.0% | 21.0% | ||
| Q2 24 | 22.2% | 20.2% |
营业利润率HYRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | -4.0% | 5.5% | ||
| Q3 25 | 0.2% | 5.6% | ||
| Q2 25 | -0.9% | 6.0% | ||
| Q1 25 | 2.3% | 5.2% | ||
| Q4 24 | 3.0% | 5.8% | ||
| Q3 24 | 3.3% | 6.7% | ||
| Q2 24 | 8.2% | 6.4% |
净利率HYRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | -5.7% | 3.8% | ||
| Q3 25 | -0.2% | 3.7% | ||
| Q2 25 | -1.5% | 3.9% | ||
| Q1 25 | 0.9% | 3.4% | ||
| Q4 24 | 1.0% | 3.9% | ||
| Q3 24 | 1.7% | 4.4% | ||
| Q2 24 | 5.4% | 4.1% |
每股收益（稀释后）HYRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $-2.97 | $0.81 | ||
| Q3 25 | $-0.13 | $0.83 | ||
| Q2 25 | $-0.79 | $0.90 | ||
| Q1 25 | $0.48 | $0.73 | ||
| Q4 24 | $0.57 | $-95.13 | ||
| Q3 24 | $0.97 | $0.97 | ||
| Q2 24 | $3.58 | $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 | — | — |
| 总债务越低越好 | $251.9M | $277.8M |
| 股东权益账面价值 | $472.0M | $2.3B |
| 总资产 | $2.0B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.53× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资HYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | — | $242.0M | ||
| Q2 25 | — | $211.1M | ||
| Q1 25 | — | $228.7M | ||
| Q4 24 | — | $228.1M | ||
| Q3 24 | — | $185.1M | ||
| Q2 24 | — | $167.3M |
总债务HYRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $251.9M | $274.8M | ||
| Q3 25 | $252.2M | — | ||
| Q2 25 | $245.2M | — | ||
| Q1 25 | $242.6M | — | ||
| Q4 24 | $241.9M | $408.4M | ||
| Q3 24 | $247.4M | — | ||
| Q2 24 | $248.5M | — |
股东权益HYRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $472.0M | $2.2B | ||
| Q3 25 | $536.0M | $2.2B | ||
| Q2 25 | $544.7M | $2.2B | ||
| Q1 25 | $510.0M | $2.2B | ||
| Q4 24 | $475.1M | $2.1B | ||
| Q3 24 | $529.9M | $2.1B | ||
| Q2 24 | $465.7M | $2.0B |
总资产HYRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $2.0B | $4.4B | ||
| Q3 25 | $2.1B | $4.6B | ||
| Q2 25 | $2.1B | $4.7B | ||
| Q1 25 | $2.1B | $4.7B | ||
| Q4 24 | $2.0B | $4.6B | ||
| Q3 24 | $2.2B | $4.6B | ||
| Q2 24 | $2.1B | $4.5B |
负债/权益比HYRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.53× | 0.12× | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.45× | — | ||
| Q1 25 | 0.48× | — | ||
| Q4 24 | 0.51× | 0.19× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.53× | — |
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 | $56.5M | — |
| 自由现金流经营现金流 - 资本支出 | $32.9M | $411.6M |
| 自由现金流率自由现金流/营收 | 3.6% | 24.4% |
| 资本支出强度资本支出/营收 | 2.6% | 2.0% |
| 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 | $23.6M | $828.4M |
8季度趋势，按日历期对齐
经营现金流HYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $56.5M | $112.9M | ||
| Q3 25 | $37.1M | $367.8M | ||
| Q2 25 | $28.9M | $227.6M | ||
| Q1 25 | $-36.4M | $153.5M | ||
| Q4 24 | $80.7M | $392.3M | ||
| Q3 24 | $70.1M | $111.7M | ||
| Q2 24 | $-2.5M | $270.6M |
自由现金流HYRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $32.9M | $31.9M | ||
| Q3 25 | $22.6M | $271.2M | ||
| Q2 25 | $15.1M | $113.8M | ||
| Q1 25 | $-47.0M | $45.1M | ||
| Q4 24 | $62.8M | $263.5M | ||
| Q3 24 | $59.9M | $-20.0M | ||
| Q2 24 | $-14.7M | $177.2M |
自由现金流率HYRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 3.6% | 1.9% | ||
| Q3 25 | 2.3% | 15.2% | ||
| Q2 25 | 1.6% | 6.2% | ||
| Q1 25 | -5.2% | 2.6% | ||
| Q4 24 | 5.9% | 13.7% | ||
| Q3 24 | 5.9% | -1.1% | ||
| Q2 24 | -1.3% | 9.1% |
资本支出强度HYRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 2.6% | 4.8% | ||
| Q3 25 | 1.5% | 5.4% | ||
| Q2 25 | 1.4% | 6.2% | ||
| Q1 25 | 1.2% | 6.2% | ||
| Q4 24 | 1.7% | 6.7% | ||
| Q3 24 | 1.0% | 7.3% | ||
| Q2 24 | 1.0% | 4.8% |
现金转化率HYRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | -4.23× | 2.55× | ||
| Q4 24 | 7.83× | 5.25× | ||
| Q3 24 | 4.08× | 1.41× | ||
| Q2 24 | -0.04× | 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
HY
| Sales Channel Through Intermediary | $281.7M | 31% |
| Aftermarketsales | $179.1M | 19% |
| Sales Channel Directly To Consumer | $173.6M | 19% |
| EMEAHY | $153.3M | 17% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $89.0M | 10% |
| Otherrevenue | $42.4M | 5% |
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% |
