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埃培智集团（IPG）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
RYDER SYSTEM INC的季度营收约是埃培智集团的1.5倍（$3.1B vs $2.1B），埃培智集团净利率更高（5.8% vs 3.0%，领先2.8%），RYDER SYSTEM INC同比增速更快（1.0% vs -4.8%），RYDER SYSTEM INC自由现金流更多（$273.0M vs $153.6M），过去两年RYDER SYSTEM INC的营收复合增速更高（-0.9% vs -9.1%）
埃培智集团（IPG）是总部位于美国纽约的广告营销传播集团，旗下拥有FCB、IPG盟博、麦肯世界集团、睿狮集团等五大核心业务网络，以及公关、体育营销、艺人经纪、医疗营销等领域的多家专业独立代理商，被宏盟收购前是与WPP、阳狮、宏盟齐名的全球广告行业“四大集团”之一。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
IPG vs R — 直观对比
营收规模更大
R
是对方的1.5倍
$2.1B
营收增速更快
R
高出5.8%
-4.8%
净利率更高
IPG
高出2.8%
3.0%
自由现金流更多
R
多$119.4M
$153.6M
两年增速更快
R
近两年复合增速
-9.1%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.1B |
| 净利润 | $124.2M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 10.3% | — |
| 净利率 | 5.8% | 3.0% |
| 营收同比 | -4.8% | 1.0% |
| 净利润同比 | 517.9% | -5.1% |
| 每股收益（稀释后） | $0.34 | $2.34 |
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IPGR
| Q1 26 | — | $3.1B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | $2.1B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.0B | $3.1B | ||
| Q4 24 | $2.4B | $3.2B | ||
| Q3 24 | $2.2B | $3.2B | ||
| Q2 24 | $2.3B | $3.2B |
净利润IPGR
| Q1 26 | — | $93.0M | ||
| Q4 25 | — | $132.0M | ||
| Q3 25 | $124.2M | $138.0M | ||
| Q2 25 | $162.5M | $131.0M | ||
| Q1 25 | $-85.4M | $98.0M | ||
| Q4 24 | $344.5M | $135.0M | ||
| Q3 24 | $20.1M | $142.0M | ||
| Q2 24 | $214.5M | $127.0M |
毛利率IPGR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -3.2% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 1.2% | — |
营业利润率IPGR
| Q1 26 | — | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | 10.3% | 6.0% | ||
| Q2 25 | 11.2% | 5.8% | ||
| Q1 25 | -2.1% | 4.3% | ||
| Q4 24 | 23.3% | 5.7% | ||
| Q3 24 | 5.9% | 5.9% | ||
| Q2 24 | 13.7% | 5.6% |
净利率IPGR
| Q1 26 | — | 3.0% | ||
| Q4 25 | — | 4.2% | ||
| Q3 25 | 5.8% | 4.4% | ||
| Q2 25 | 7.5% | 4.1% | ||
| Q1 25 | -4.3% | 3.1% | ||
| Q4 24 | 14.1% | 4.2% | ||
| Q3 24 | 0.9% | 4.5% | ||
| Q2 24 | 9.2% | 4.0% |
每股收益（稀释后）IPGR
| Q1 26 | — | $2.34 | ||
| Q4 25 | — | $3.22 | ||
| Q3 25 | $0.34 | $3.32 | ||
| Q2 25 | $0.44 | $3.13 | ||
| Q1 25 | $-0.23 | $2.27 | ||
| Q4 24 | $0.92 | $3.09 | ||
| Q3 24 | $0.05 | $3.24 | ||
| Q2 24 | $0.57 | $2.84 |
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 | $1.5B | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $2.9B |
| 总资产 | $17.0B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资IPGR
| Q1 26 | — | $182.0M | ||
| Q4 25 | — | $198.0M | ||
| Q3 25 | $1.5B | $189.0M | ||
| Q2 25 | $1.6B | $180.0M | ||
| Q1 25 | $1.9B | $151.0M | ||
| Q4 24 | $2.2B | $154.0M | ||
| Q3 24 | $1.5B | $162.0M | ||
| Q2 24 | $1.5B | $164.0M |
总债务IPGR
| Q1 26 | — | — | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.6B | ||
| Q2 24 | — | $6.5B |
股东权益IPGR
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | $3.7B | $3.1B | ||
| Q2 25 | $3.7B | $3.1B | ||
| Q1 25 | $3.6B | $3.0B | ||
| Q4 24 | $3.8B | $3.1B | ||
| Q3 24 | $3.7B | $3.1B | ||
| Q2 24 | $3.8B | $3.1B |
总资产IPGR
| Q1 26 | — | — | ||
| Q4 25 | — | $16.4B | ||
| Q3 25 | $17.0B | $16.5B | ||
| Q2 25 | $17.0B | $16.5B | ||
| Q1 25 | $17.1B | $16.4B | ||
| Q4 24 | $18.3B | $16.7B | ||
| Q3 24 | $17.1B | $16.5B | ||
| Q2 24 | $17.0B | $16.4B |
负债/权益比IPGR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 2.09× |
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 | $180.1M | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $153.6M | $273.0M |
| 自由现金流率自由现金流/营收 | 7.2% | 8.7% |
| 资本支出强度资本支出/营收 | 1.2% | 13.7% |
| 现金转化率经营现金流/净利润 | 1.45× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $806.8M | $595.0M |
8季度趋势，按日历期对齐
经营现金流IPGR
| Q1 26 | — | $583.0M | ||
| Q4 25 | — | $749.0M | ||
| Q3 25 | $180.1M | $442.0M | ||
| Q2 25 | $-96.0M | $752.0M | ||
| Q1 25 | $-37.0M | $651.0M | ||
| Q4 24 | $868.1M | $558.0M | ||
| Q3 24 | $223.8M | $629.0M | ||
| Q2 24 | $120.7M | $552.0M |
自由现金流IPGR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | $153.6M | $-85.0M | ||
| Q2 25 | $-121.8M | $63.0M | ||
| Q1 25 | $-58.5M | $137.0M | ||
| Q4 24 | $833.5M | $-201.0M | ||
| Q3 24 | $186.5M | $30.0M | ||
| Q2 24 | $85.9M | $-87.0M |
自由现金流率IPGR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | 7.2% | -2.7% | ||
| Q2 25 | -5.6% | 2.0% | ||
| Q1 25 | -2.9% | 4.4% | ||
| Q4 24 | 34.2% | -6.3% | ||
| Q3 24 | 8.3% | 0.9% | ||
| Q2 24 | 3.7% | -2.7% |
资本支出强度IPGR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | 1.2% | 16.6% | ||
| Q2 25 | 1.2% | 21.6% | ||
| Q1 25 | 1.1% | 16.4% | ||
| Q4 24 | 1.4% | 23.8% | ||
| Q3 24 | 1.7% | 18.9% | ||
| Q2 24 | 1.5% | 20.1% |
现金转化率IPGR
| Q1 26 | — | 6.27× | ||
| Q4 25 | — | 5.67× | ||
| Q3 25 | 1.45× | 3.20× | ||
| Q2 25 | -0.59× | 5.74× | ||
| Q1 25 | — | 6.64× | ||
| Q4 24 | 2.52× | 4.13× | ||
| Q3 24 | 11.13× | 4.43× | ||
| Q2 24 | 0.56× | 4.35× |
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
IPG
| MDE | $619.0M | 29% |
| IAC | $574.9M | 27% |
| Other | $527.9M | 25% |
| SCE | $413.8M | 19% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
