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IES Holdings, Inc.（IESC）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IES Holdings, Inc.的1.9倍（$1.7B vs $871.0M），IES Holdings, Inc.净利率更高（10.5% vs 3.7%，领先6.9%），IES Holdings, Inc.同比增速更快（16.2% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $-18.9M），过去两年IES Holdings, Inc.的营收复合增速更高（11.1% vs -6.8%）
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
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。
IESC vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.9倍
$871.0M
营收增速更快
IESC
高出25.2%
-9.0%
净利率更高
IESC
高出6.9%
3.7%
自由现金流更多
RUSHA
多$430.4M
$-18.9M
两年增速更快
IESC
近两年复合增速
-6.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $871.0M | $1.7B |
| 净利润 | $91.8M | $61.7M |
| 毛利率 | 25.3% | 20.4% |
| 营业利润率 | 11.2% | 4.9% |
| 净利率 | 10.5% | 3.7% |
| 营收同比 | 16.2% | -9.0% |
| 净利润同比 | 59.1% | 1.8% |
| 每股收益（稀释后） | $4.51 | $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IESCRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $871.0M | $1.7B | ||
| Q3 25 | $897.8M | $1.8B | ||
| Q2 25 | $890.2M | $1.8B | ||
| Q1 25 | $834.0M | $1.8B | ||
| Q4 24 | $749.5M | $1.9B | ||
| Q3 24 | $775.8M | $1.8B | ||
| Q2 24 | $768.4M | $1.9B |
净利润IESCRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $91.8M | $64.3M | ||
| Q3 25 | $102.3M | $66.7M | ||
| Q2 25 | $79.3M | $72.4M | ||
| Q1 25 | $72.6M | $60.3M | ||
| Q4 24 | $57.7M | $74.8M | ||
| Q3 24 | $65.5M | $79.1M | ||
| Q2 24 | $66.6M | $78.7M |
毛利率IESCRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 25.3% | 20.8% | ||
| Q3 25 | 26.0% | 21.0% | ||
| Q2 25 | 26.9% | 20.7% | ||
| Q1 25 | 25.0% | 20.3% | ||
| Q4 24 | 23.8% | 19.3% | ||
| Q3 24 | 24.0% | 21.0% | ||
| Q2 24 | 25.3% | 20.2% |
营业利润率IESCRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 11.2% | 5.5% | ||
| Q3 25 | 11.6% | 5.6% | ||
| Q2 25 | 12.6% | 6.0% | ||
| Q1 25 | 11.1% | 5.2% | ||
| Q4 24 | 10.0% | 5.8% | ||
| Q3 24 | 9.7% | 6.7% | ||
| Q2 24 | 11.7% | 6.4% |
净利率IESCRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 10.5% | 3.8% | ||
| Q3 25 | 11.4% | 3.7% | ||
| Q2 25 | 8.9% | 3.9% | ||
| Q1 25 | 8.7% | 3.4% | ||
| Q4 24 | 7.7% | 3.9% | ||
| Q3 24 | 8.4% | 4.4% | ||
| Q2 24 | 8.7% | 4.1% |
每股收益（稀释后）IESCRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $4.51 | $0.81 | ||
| Q3 25 | $4.99 | $0.83 | ||
| Q2 25 | $3.81 | $0.90 | ||
| Q1 25 | $3.50 | $0.73 | ||
| Q4 24 | $2.72 | $-95.13 | ||
| Q3 24 | $3.06 | $0.97 | ||
| Q2 24 | $2.67 | $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 | $258.7M | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $961.1M | $2.3B |
| 总资产 | $1.7B | $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IESCRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $258.7M | $212.6M | ||
| Q3 25 | $231.8M | $242.0M | ||
| Q2 25 | $168.3M | $211.1M | ||
| Q1 25 | $88.3M | $228.7M | ||
| Q4 24 | $112.0M | $228.1M | ||
| Q3 24 | $135.8M | $185.1M | ||
| Q2 24 | $44.9M | $167.3M |
总债务IESCRUSHA
| 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IESCRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $961.1M | $2.2B | ||
| Q3 25 | $884.0M | $2.2B | ||
| Q2 25 | $781.4M | $2.2B | ||
| Q1 25 | $705.8M | $2.2B | ||
| Q4 24 | $652.4M | $2.1B | ||
| Q3 24 | $611.1M | $2.1B | ||
| Q2 24 | $567.5M | $2.0B |
总资产IESCRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $1.7B | $4.4B | ||
| Q3 25 | $1.6B | $4.6B | ||
| Q2 25 | $1.5B | $4.7B | ||
| Q1 25 | $1.4B | $4.7B | ||
| Q4 24 | $1.3B | $4.6B | ||
| Q3 24 | $1.2B | $4.6B | ||
| Q2 24 | $1.2B | $4.5B |
负债/权益比IESCRUSHA
| 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 | $27.7M | — |
| 自由现金流经营现金流 - 资本支出 | $-18.9M | $411.6M |
| 自由现金流率自由现金流/营收 | -2.2% | 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 | 0.30× | — |
| 过去12个月自由现金流最近4个季度 | $175.9M | $828.4M |
8季度趋势，按日历期对齐
经营现金流IESCRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $27.7M | $112.9M | ||
| Q3 25 | $132.0M | $367.8M | ||
| Q2 25 | $92.0M | $227.6M | ||
| Q1 25 | $24.8M | $153.5M | ||
| Q4 24 | $37.3M | $392.3M | ||
| Q3 24 | $92.8M | $111.7M | ||
| Q2 24 | $82.9M | $270.6M |
自由现金流IESCRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $-18.9M | $31.9M | ||
| Q3 25 | $112.0M | $271.2M | ||
| Q2 25 | $74.8M | $113.8M | ||
| Q1 25 | $7.9M | $45.1M | ||
| Q4 24 | $24.1M | $263.5M | ||
| Q3 24 | $78.5M | $-20.0M | ||
| Q2 24 | $65.4M | $177.2M |
自由现金流率IESCRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | -2.2% | 1.9% | ||
| Q3 25 | 12.5% | 15.2% | ||
| Q2 25 | 8.4% | 6.2% | ||
| Q1 25 | 0.9% | 2.6% | ||
| Q4 24 | 3.2% | 13.7% | ||
| Q3 24 | 10.1% | -1.1% | ||
| Q2 24 | 8.5% | 9.1% |
资本支出强度IESCRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 5.3% | 4.8% | ||
| Q3 25 | 2.2% | 5.4% | ||
| Q2 25 | 1.9% | 6.2% | ||
| Q1 25 | 2.0% | 6.2% | ||
| Q4 24 | 1.8% | 6.7% | ||
| Q3 24 | 1.8% | 7.3% | ||
| Q2 24 | 2.3% | 4.8% |
现金转化率IESCRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 0.30× | 1.75× | ||
| Q3 25 | 1.29× | 5.51× | ||
| Q2 25 | 1.16× | 3.14× | ||
| Q1 25 | 0.34× | 2.55× | ||
| Q4 24 | 0.65× | 5.25× | ||
| Q3 24 | 1.42× | 1.41× | ||
| Q2 24 | 1.24× | 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
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
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% |
