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洲际交易所（ICE）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
洲际交易所的季度营收约是RUSH ENTERPRISES INC \TX\的1.9倍（$3.1B vs $1.7B），洲际交易所净利率更高（27.1% vs 3.7%，领先23.4%），洲际交易所同比增速更快（3.7% vs -9.0%），洲际交易所自由现金流更多（$1.1B vs $411.6M），过去两年洲际交易所的营收复合增速更高（5.9% vs -6.8%）
洲际交易所（ICE）是2000年成立的美国跨国金融服务企业，运营全球金融交易所与清算所，提供抵押技术、数据及上市服务，位列财富500强、标普500及罗素1000指数成分股，旗下拥有金融及大宗商品市场交易所，运营12家受监管的交易场所，业务覆盖美加欧等多地期货市场。
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。
ICE vs RUSHA — 直观对比
营收规模更大
ICE
是对方的1.9倍
$1.7B
营收增速更快
ICE
高出12.7%
-9.0%
净利率更高
ICE
高出23.4%
3.7%
自由现金流更多
ICE
多$697.4M
$411.6M
两年增速更快
ICE
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.7B |
| 净利润 | $851.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 39.4% | 4.9% |
| 净利率 | 27.1% | 3.7% |
| 营收同比 | 3.7% | -9.0% |
| 净利润同比 | 21.9% | 1.8% |
| 每股收益（稀释后） | $1.49 | $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ICERUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $3.0B | $1.8B | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.2B | $1.8B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.9B | $1.9B |
净利润ICERUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $851.0M | $64.3M | ||
| Q3 25 | $816.0M | $66.7M | ||
| Q2 25 | $851.0M | $72.4M | ||
| Q1 25 | $797.0M | $60.3M | ||
| Q4 24 | $698.0M | $74.8M | ||
| Q3 24 | $657.0M | $79.1M | ||
| Q2 24 | $632.0M | $78.7M |
毛利率ICERUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
营业利润率ICERUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 39.4% | 5.5% | ||
| Q3 25 | 39.0% | 5.6% | ||
| Q2 25 | 39.8% | 6.0% | ||
| Q1 25 | 37.8% | 5.2% | ||
| Q4 24 | 35.5% | 5.8% | ||
| Q3 24 | 36.4% | 6.7% | ||
| Q2 24 | 36.8% | 6.4% |
净利率ICERUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 27.1% | 3.8% | ||
| Q3 25 | 27.1% | 3.7% | ||
| Q2 25 | 26.1% | 3.9% | ||
| Q1 25 | 24.7% | 3.4% | ||
| Q4 24 | 23.0% | 3.9% | ||
| Q3 24 | 21.7% | 4.4% | ||
| Q2 24 | 21.8% | 4.1% |
每股收益（稀释后）ICERUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.49 | $0.81 | ||
| Q3 25 | $1.42 | $0.83 | ||
| Q2 25 | $1.48 | $0.90 | ||
| Q1 25 | $1.38 | $0.73 | ||
| Q4 24 | $1.21 | $-95.13 | ||
| Q3 24 | $1.14 | $0.97 | ||
| Q2 24 | $1.10 | $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 | $837.0M | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $28.9B | $2.3B |
| 总资产 | $136.9B | $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ICERUSHA
| Q1 26 | — | — | ||
| Q4 25 | $837.0M | $212.6M | ||
| Q3 25 | $850.0M | $242.0M | ||
| Q2 25 | $1.0B | $211.1M | ||
| Q1 25 | $783.0M | $228.7M | ||
| Q4 24 | $844.0M | $228.1M | ||
| Q3 24 | $755.0M | $185.1M | ||
| Q2 24 | $885.0M | $167.3M |
总债务ICERUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ICERUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $28.9B | $2.2B | ||
| Q3 25 | $28.6B | $2.2B | ||
| Q2 25 | $28.4B | $2.2B | ||
| Q1 25 | $28.0B | $2.2B | ||
| Q4 24 | $27.6B | $2.1B | ||
| Q3 24 | $27.2B | $2.1B | ||
| Q2 24 | $26.7B | $2.0B |
总资产ICERUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $136.9B | $4.4B | ||
| Q3 25 | $140.9B | $4.6B | ||
| Q2 25 | $144.2B | $4.7B | ||
| Q1 25 | $142.9B | $4.7B | ||
| Q4 24 | $139.4B | $4.6B | ||
| Q3 24 | $135.2B | $4.6B | ||
| Q2 24 | $137.7B | $4.5B |
负债/权益比ICERUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $1.3B | — |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $411.6M |
| 自由现金流率自由现金流/营收 | 35.3% | 24.4% |
| 资本支出强度资本支出/营收 | 5.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.50× | — |
| 过去12个月自由现金流最近4个季度 | $4.3B | $828.4M |
8季度趋势，按日历期对齐
经营现金流ICERUSHA
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $112.9M | ||
| Q3 25 | $915.0M | $367.8M | ||
| Q2 25 | $1.5B | $227.6M | ||
| Q1 25 | $966.0M | $153.5M | ||
| Q4 24 | $1.5B | $392.3M | ||
| Q3 24 | $898.0M | $111.7M | ||
| Q2 24 | $1.2B | $270.6M |
自由现金流ICERUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $1.1B | $31.9M | ||
| Q3 25 | $853.0M | $271.2M | ||
| Q2 25 | $1.4B | $113.8M | ||
| Q1 25 | $881.0M | $45.1M | ||
| Q4 24 | $1.3B | $263.5M | ||
| Q3 24 | $819.0M | $-20.0M | ||
| Q2 24 | $1.1B | $177.2M |
自由现金流率ICERUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 35.3% | 1.9% | ||
| Q3 25 | 28.4% | 15.2% | ||
| Q2 25 | 44.3% | 6.2% | ||
| Q1 25 | 27.3% | 2.6% | ||
| Q4 24 | 43.3% | 13.7% | ||
| Q3 24 | 27.0% | -1.1% | ||
| Q2 24 | 38.7% | 9.1% |
资本支出强度ICERUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 5.3% | 4.8% | ||
| Q3 25 | 2.1% | 5.4% | ||
| Q2 25 | 1.8% | 6.2% | ||
| Q1 25 | 2.6% | 6.2% | ||
| Q4 24 | 6.4% | 6.7% | ||
| Q3 24 | 2.6% | 7.3% | ||
| Q2 24 | 2.6% | 4.8% |
现金转化率ICERUSHA
| Q1 26 | — | — | ||
| Q4 25 | 1.50× | 1.75× | ||
| Q3 25 | 1.12× | 5.51× | ||
| Q2 25 | 1.77× | 3.14× | ||
| Q1 25 | 1.21× | 2.55× | ||
| Q4 24 | 2.16× | 5.25× | ||
| Q3 24 | 1.37× | 1.41× | ||
| Q2 24 | 1.89× | 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
ICE
| Other | $1.9B | 60% |
| Fixed Income Data And Analytics | $318.0M | 10% |
| Exchange Data | $266.0M | 8% |
| Origination Technology | $188.0M | 6% |
| Financial Futures And Options | $155.0M | 5% |
| Listings | $125.0M | 4% |
| OT Cand Other Transactions | $97.0M | 3% |
| Closing Solutions | $60.0M | 2% |
| Fixed Income Execution | $29.0M | 1% |
| Product And Service Net Interest Income | $26.0M | 1% |
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% |
