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J.B. Hunt（JBHT）与LPL Financial Holdings Inc.（LPLA）财务数据对比。点击上方公司名可切换其他公司
LPL Financial Holdings Inc.的季度营收约是J.B. Hunt的1.6倍（$4.9B vs $3.1B），LPL Financial Holdings Inc.净利率更高（7.2% vs 4.6%，领先2.6%），LPL Financial Holdings Inc.同比增速更快（34.6% vs 4.6%），过去两年LPL Financial Holdings Inc.的营收复合增速更高（29.8% vs 2.2%）
J.B.亨特运输服务公司是总部位于美国阿肯色州洛厄尔的运输物流企业，1961年8月10日由约翰尼·布莱恩·亨特与乔内尔·亨特在阿肯色州创立。截至1983年，公司已成为美国第80大卡车运输企业，营收达6.2347亿美元，当时运营550台牵引车、1049辆挂车，拥有约1050名员工。
LPL Financial Holdings Inc.成立于1989年，是美国规模最大的独立经纪自营商。截至2021年，公司拥有超17500名财务顾问，咨询及经纪类资产规模超1万亿美元，2023财年总营收约103亿美元，在波士顿、福特米尔、奥斯汀、圣迭戈设有核心办事处，是FINRA和SIPC成员。
JBHT vs LPLA — 直观对比
营收规模更大
LPLA
是对方的1.6倍
$3.1B
营收增速更快
LPLA
高出29.9%
4.6%
净利率更高
LPLA
高出2.6%
4.6%
两年增速更快
LPLA
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $4.9B |
| 净利润 | $141.6M | $356.4M |
| 毛利率 | — | 32.3% |
| 营业利润率 | 6.8% | — |
| 净利率 | 4.6% | 7.2% |
| 营收同比 | 4.6% | 34.6% |
| 净利润同比 | 20.2% | — |
| 每股收益（稀释后） | $1.49 | $4.43 |
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JBHTLPLA
| Q1 26 | $3.1B | $4.9B | ||
| Q4 25 | $3.1B | $4.9B | ||
| Q3 25 | $3.1B | $4.6B | ||
| Q2 25 | $2.9B | $3.8B | ||
| Q1 25 | $2.9B | $3.7B | ||
| Q4 24 | $3.1B | $3.5B | ||
| Q3 24 | $3.1B | $3.1B | ||
| Q2 24 | $2.9B | $2.9B |
净利润JBHTLPLA
| Q1 26 | $141.6M | $356.4M | ||
| Q4 25 | $181.1M | $300.7M | ||
| Q3 25 | $170.8M | $-29.5M | ||
| Q2 25 | $128.6M | $273.2M | ||
| Q1 25 | $117.7M | $318.6M | ||
| Q4 24 | $155.5M | $270.7M | ||
| Q3 24 | $152.1M | $255.3M | ||
| Q2 24 | $135.9M | $243.8M |
毛利率JBHTLPLA
| Q1 26 | — | 32.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率JBHTLPLA
| Q1 26 | 6.8% | — | ||
| Q4 25 | 8.0% | 8.1% | ||
| Q3 25 | 7.9% | -0.7% | ||
| Q2 25 | 6.7% | 9.6% | ||
| Q1 25 | 6.1% | 11.4% | ||
| Q4 24 | 6.6% | 9.7% | ||
| Q3 24 | 7.3% | 11.2% | ||
| Q2 24 | 7.0% | 11.3% |
净利率JBHTLPLA
| Q1 26 | 4.6% | 7.2% | ||
| Q4 25 | 5.8% | 6.1% | ||
| Q3 25 | 5.6% | -0.6% | ||
| Q2 25 | 4.4% | 7.1% | ||
| Q1 25 | 4.0% | 8.7% | ||
| Q4 24 | 4.9% | 7.7% | ||
| Q3 24 | 5.0% | 8.2% | ||
| Q2 24 | 4.6% | 8.3% |
每股收益（稀释后）JBHTLPLA
| Q1 26 | $1.49 | $4.43 | ||
| Q4 25 | $1.88 | $3.65 | ||
| Q3 25 | $1.76 | $-0.37 | ||
| Q2 25 | $1.31 | $3.40 | ||
| Q1 25 | $1.17 | $4.24 | ||
| Q4 24 | $1.53 | $3.58 | ||
| Q3 24 | $1.49 | $3.39 | ||
| Q2 24 | $1.32 | $3.23 |
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 | $4.6M | $1.0B |
| 总债务越低越好 | $1.3B | — |
| 股东权益账面价值 | $3.6B | $5.7B |
| 总资产 | — | $18.8B |
| 负债/权益比越低杠杆越低 | 0.36× | — |
8季度趋势，按日历期对齐
现金及短期投资JBHTLPLA
| Q1 26 | $4.6M | $1.0B | ||
| Q4 25 | $17.3M | $1.1B | ||
| Q3 25 | $52.3M | $1.6B | ||
| Q2 25 | $50.9M | $4.3B | ||
| Q1 25 | $43.4M | $1.4B | ||
| Q4 24 | $47.0M | $1.0B | ||
| Q3 24 | $120.0M | $1.6B | ||
| Q2 24 | $53.5M | $1.4B |
总债务JBHTLPLA
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $7.3B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | $977.7M | $5.5B | ||
| Q3 24 | $1.0B | $4.4B | ||
| Q2 24 | $1.5B | $4.4B |
股东权益JBHTLPLA
| Q1 26 | $3.6B | $5.7B | ||
| Q4 25 | $3.6B | $5.3B | ||
| Q3 25 | $3.6B | $5.0B | ||
| Q2 25 | $3.7B | $5.1B | ||
| Q1 25 | $3.9B | $3.1B | ||
| Q4 24 | $4.0B | $2.9B | ||
| Q3 24 | $4.0B | $2.8B | ||
| Q2 24 | $4.1B | $2.5B |
总资产JBHTLPLA
| Q1 26 | — | $18.8B | ||
| Q4 25 | $7.9B | $18.5B | ||
| Q3 25 | $8.1B | $18.0B | ||
| Q2 25 | $8.2B | $17.5B | ||
| Q1 25 | $8.3B | $14.0B | ||
| Q4 24 | $8.3B | $13.3B | ||
| Q3 24 | $8.3B | $11.9B | ||
| Q2 24 | $8.4B | $11.5B |
负债/权益比JBHTLPLA
| Q1 26 | 0.36× | — | ||
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | 0.24× | 1.87× | ||
| Q3 24 | 0.26× | 1.60× | ||
| Q2 24 | 0.36× | 1.77× |
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 | $353.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 2.3% | 0.0% |
| 现金转化率经营现金流/净利润 | 2.49× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流JBHTLPLA
| Q1 26 | $353.0M | — | ||
| Q4 25 | $385.6M | $785.0M | ||
| Q3 25 | $486.4M | $-1.7B | ||
| Q2 25 | $402.1M | $193.3M | ||
| Q1 25 | $404.2M | $339.8M | ||
| Q4 24 | $317.6M | $-178.8M | ||
| Q3 24 | $338.5M | $209.3M | ||
| Q2 24 | $360.6M | $-178.9M |
自由现金流JBHTLPLA
| Q1 26 | — | — | ||
| Q4 25 | $251.3M | $613.3M | ||
| Q3 25 | $352.4M | $-1.9B | ||
| Q2 25 | $185.6M | $56.3M | ||
| Q1 25 | $158.4M | $220.3M | ||
| Q4 24 | $93.3M | $-344.3M | ||
| Q3 24 | $163.1M | $62.3M | ||
| Q2 24 | $98.2M | $-307.8M |
自由现金流率JBHTLPLA
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 12.4% | ||
| Q3 25 | 11.5% | -41.1% | ||
| Q2 25 | 6.3% | 1.5% | ||
| Q1 25 | 5.4% | 6.0% | ||
| Q4 24 | 3.0% | -9.8% | ||
| Q3 24 | 5.3% | 2.0% | ||
| Q2 24 | 3.4% | -10.5% |
资本支出强度JBHTLPLA
| Q1 26 | 2.3% | 0.0% | ||
| Q4 25 | 4.3% | 3.5% | ||
| Q3 25 | 4.4% | 3.1% | ||
| Q2 25 | 7.4% | 3.6% | ||
| Q1 25 | 8.4% | 3.3% | ||
| Q4 24 | 7.1% | 4.7% | ||
| Q3 24 | 5.7% | 4.7% | ||
| Q2 24 | 9.0% | 4.4% |
现金转化率JBHTLPLA
| Q1 26 | 2.49× | — | ||
| Q4 25 | 2.13× | 2.61× | ||
| Q3 25 | 2.85× | — | ||
| Q2 25 | 3.13× | 0.71× | ||
| Q1 25 | 3.43× | 1.07× | ||
| Q4 24 | 2.04× | -0.66× | ||
| Q3 24 | 2.23× | 0.82× | ||
| Q2 24 | 2.65× | -0.73× |
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
JBHT
| Intermodal | $1.5B | 49% |
| Dedicated | $840.6M | 28% |
| Integrated Capacity Solutions | $322.7M | 11% |
| Truckload | $205.4M | 7% |
| Final Mile Services | $188.0M | 6% |
LPLA
| Advisory | $2.6B | 53% |
| Sales-based | $705.4M | 14% |
| Trailing | $486.6M | 10% |
| Client cash | $445.3M | 9% |
| Other | $394.5M | 8% |
| Service and fee | $211.0M | 4% |
| Transaction | $80.5M | 2% |
