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J.B. Hunt（JBHT）与ServiceNow（NOW）财务数据对比。点击上方公司名可切换其他公司
ServiceNow的季度营收约是J.B. Hunt的1.2倍（$3.8B vs $3.1B），ServiceNow净利率更高（12.4% vs 5.8%，领先6.6%），ServiceNow同比增速更快（2.8% vs -1.6%），ServiceNow自由现金流更多（$1.7B vs $251.3M），过去两年ServiceNow的营收复合增速更高（19.8% vs 2.6%）
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。
ServiceNow是2003年由弗雷德·卢迪在美国加利福尼亚州圣克拉拉创立的软件企业，主打云计算平台产品，可支持企业搭建及管理自动化业务工作流。公司于纽交所上市，现为标普100及标普500指数成分股。
JBHT vs NOW — 直观对比
营收规模更大
NOW
是对方的1.2倍
$3.1B
营收增速更快
NOW
高出4.4%
-1.6%
净利率更高
NOW
高出6.6%
5.8%
自由现金流更多
NOW
多$1.4B
$251.3M
两年增速更快
NOW
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.8B |
| 净利润 | $181.1M | $469.0M |
| 毛利率 | — | 75.1% |
| 营业利润率 | 8.0% | 13.3% |
| 净利率 | 5.8% | 12.4% |
| 营收同比 | -1.6% | 2.8% |
| 净利润同比 | 16.5% | -53.7% |
| 每股收益（稀释后） | $1.88 | $1.04 |
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JBHTNOW
| Q1 26 | — | $3.8B | ||
| Q4 25 | $3.1B | $3.6B | ||
| Q3 25 | $3.1B | $3.4B | ||
| Q2 25 | $2.9B | $3.2B | ||
| Q1 25 | $2.9B | $3.1B | ||
| Q4 24 | $3.1B | $3.0B | ||
| Q3 24 | $3.1B | $2.8B | ||
| Q2 24 | $2.9B | $2.6B |
净利润JBHTNOW
| Q1 26 | — | $469.0M | ||
| Q4 25 | $181.1M | $401.0M | ||
| Q3 25 | $170.8M | $502.0M | ||
| Q2 25 | $128.6M | $385.0M | ||
| Q1 25 | $117.7M | $460.0M | ||
| Q4 24 | $155.5M | $384.0M | ||
| Q3 24 | $152.1M | $432.0M | ||
| Q2 24 | $135.9M | $262.0M |
毛利率JBHTNOW
| Q1 26 | — | 75.1% | ||
| Q4 25 | — | 76.6% | ||
| Q3 25 | — | 77.3% | ||
| Q2 25 | — | 77.5% | ||
| Q1 25 | — | 78.9% | ||
| Q4 24 | — | 78.7% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | — | 79.0% |
营业利润率JBHTNOW
| Q1 26 | — | 13.3% | ||
| Q4 25 | 8.0% | 12.4% | ||
| Q3 25 | 7.9% | 16.8% | ||
| Q2 25 | 6.7% | 11.1% | ||
| Q1 25 | 6.1% | 14.6% | ||
| Q4 24 | 6.6% | 12.6% | ||
| Q3 24 | 7.3% | 14.9% | ||
| Q2 24 | 7.0% | 9.1% |
净利率JBHTNOW
| Q1 26 | — | 12.4% | ||
| Q4 25 | 5.8% | 11.2% | ||
| Q3 25 | 5.6% | 14.7% | ||
| Q2 25 | 4.4% | 12.0% | ||
| Q1 25 | 4.0% | 14.9% | ||
| Q4 24 | 4.9% | 13.0% | ||
| Q3 24 | 5.0% | 15.4% | ||
| Q2 24 | 4.6% | 10.0% |
每股收益（稀释后）JBHTNOW
| Q1 26 | — | $1.04 | ||
| Q4 25 | $1.88 | $-4.77 | ||
| Q3 25 | $1.76 | $2.40 | ||
| Q2 25 | $1.31 | $1.84 | ||
| Q1 25 | $1.17 | $2.20 | ||
| Q4 24 | $1.53 | $1.84 | ||
| Q3 24 | $1.49 | $2.07 | ||
| Q2 24 | $1.32 | $1.26 |
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 | $17.3M | $2.7B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $11.7B |
| 总资产 | $7.9B | $24.4B |
| 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JBHTNOW
| Q1 26 | — | $2.7B | ||
| Q4 25 | $17.3M | $3.7B | ||
| Q3 25 | $52.3M | $2.7B | ||
| Q2 25 | $50.9M | $3.1B | ||
| Q1 25 | $43.4M | $3.4B | ||
| Q4 24 | $47.0M | $2.3B | ||
| Q3 24 | $120.0M | $1.9B | ||
| Q2 24 | $53.5M | $2.2B |
总债务JBHTNOW
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $977.7M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.5B | — |
股东权益JBHTNOW
| Q1 26 | — | $11.7B | ||
| Q4 25 | $3.6B | $13.0B | ||
| Q3 25 | $3.6B | $11.3B | ||
| Q2 25 | $3.7B | $10.9B | ||
| Q1 25 | $3.9B | $10.1B | ||
| Q4 24 | $4.0B | $9.6B | ||
| Q3 24 | $4.0B | $9.3B | ||
| Q2 24 | $4.1B | $8.7B |
总资产JBHTNOW
| Q1 26 | — | $24.4B | ||
| Q4 25 | $7.9B | $26.0B | ||
| Q3 25 | $8.1B | $21.8B | ||
| Q2 25 | $8.2B | $22.1B | ||
| Q1 25 | $8.3B | $21.0B | ||
| Q4 24 | $8.3B | $20.4B | ||
| Q3 24 | $8.3B | $18.4B | ||
| Q2 24 | $8.4B | $18.2B |
负债/权益比JBHTNOW
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.36× | — |
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 | $385.6M | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $1.7B |
| 自由现金流率自由现金流/营收 | 8.1% | 44.2% |
| 资本支出强度资本支出/营收 | 4.3% | — |
| 现金转化率经营现金流/净利润 | 2.13× | 3.56× |
| 过去12个月自由现金流最近4个季度 | $947.6M | $4.8B |
8季度趋势，按日历期对齐
经营现金流JBHTNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $385.6M | $2.2B | ||
| Q3 25 | $486.4M | $813.0M | ||
| Q2 25 | $402.1M | $716.0M | ||
| Q1 25 | $404.2M | $1.7B | ||
| Q4 24 | $317.6M | $1.6B | ||
| Q3 24 | $338.5M | $671.0M | ||
| Q2 24 | $360.6M | $620.0M |
自由现金流JBHTNOW
| Q1 26 | — | $1.7B | ||
| Q4 25 | $251.3M | $2.0B | ||
| Q3 25 | $352.4M | $578.0M | ||
| Q2 25 | $185.6M | $526.0M | ||
| Q1 25 | $158.4M | $1.5B | ||
| Q4 24 | $93.3M | $1.4B | ||
| Q3 24 | $163.1M | $469.0M | ||
| Q2 24 | $98.2M | $358.0M |
自由现金流率JBHTNOW
| Q1 26 | — | 44.2% | ||
| Q4 25 | 8.1% | 56.1% | ||
| Q3 25 | 11.5% | 17.0% | ||
| Q2 25 | 6.3% | 16.4% | ||
| Q1 25 | 5.4% | 47.7% | ||
| Q4 24 | 3.0% | 46.7% | ||
| Q3 24 | 5.3% | 16.8% | ||
| Q2 24 | 3.4% | 13.6% |
资本支出强度JBHTNOW
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 6.7% | ||
| Q3 25 | 4.4% | 6.9% | ||
| Q2 25 | 7.4% | 5.9% | ||
| Q1 25 | 8.4% | 6.6% | ||
| Q4 24 | 7.1% | 8.6% | ||
| Q3 24 | 5.7% | 7.2% | ||
| Q2 24 | 9.0% | 10.0% |
现金转化率JBHTNOW
| Q1 26 | — | 3.56× | ||
| Q4 25 | 2.13× | 5.58× | ||
| Q3 25 | 2.85× | 1.62× | ||
| Q2 25 | 3.13× | 1.86× | ||
| Q1 25 | 3.43× | 3.65× | ||
| Q4 24 | 2.04× | 4.26× | ||
| Q3 24 | 2.23× | 1.55× | ||
| Q2 24 | 2.65× | 2.37× |
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
| JBI | $1.5B | 50% |
| DCS | $842.8M | 27% |
| ICS | $304.5M | 10% |
| FMS | $206.3M | 7% |
| JBT | $200.7M | 6% |
NOW
| Subscription revenues | $3.7B | 97% |
| Other | $80.5M | 2% |
| Professional services and other revenues | $18.5M | 0% |
