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J.B. Hunt（JBHT）与NVR, Inc.（NVR）财务数据对比。点击上方公司名可切换其他公司
J.B. Hunt的季度营收约是NVR, Inc.的1.1倍（$3.1B vs $2.7B），NVR, Inc.净利率更高（13.4% vs 5.8%，领先7.6%），J.B. Hunt同比增速更快（-1.6% vs -4.7%），NVR, Inc.自由现金流更多（$436.0M vs $251.3M），过去两年NVR, Inc.的营收复合增速更高（7.8% 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。
NVR, Inc.是总部位于美国弗吉尼亚州雷斯顿的知名住宅建造企业，同时运营抵押贷款银行及产权服务相关业务。公司业务主要布局美国东海岸，覆盖14个州及华盛顿特区，2021年有22%的营收来自华盛顿大都会区。
JBHT vs NVR — 直观对比
营收规模更大
JBHT
是对方的1.1倍
$2.7B
营收增速更快
JBHT
高出3.1%
-4.7%
净利率更高
NVR
高出7.6%
5.8%
自由现金流更多
NVR
多$184.8M
$251.3M
两年增速更快
NVR
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.7B |
| 净利润 | $181.1M | $363.8M |
| 毛利率 | — | — |
| 营业利润率 | 8.0% | — |
| 净利率 | 5.8% | 13.4% |
| 营收同比 | -1.6% | -4.7% |
| 净利润同比 | 16.5% | -20.5% |
| 每股收益（稀释后） | $1.88 | $120.85 |
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JBHTNVR
| Q4 25 | $3.1B | $2.7B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $2.9B | $2.4B | ||
| Q4 24 | $3.1B | $2.8B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $2.9B | $2.6B | ||
| Q1 24 | $2.9B | $2.3B |
净利润JBHTNVR
| Q4 25 | $181.1M | $363.8M | ||
| Q3 25 | $170.8M | $342.7M | ||
| Q2 25 | $128.6M | $333.7M | ||
| Q1 25 | $117.7M | $299.6M | ||
| Q4 24 | $155.5M | $457.4M | ||
| Q3 24 | $152.1M | $429.3M | ||
| Q2 24 | $135.9M | $400.9M | ||
| Q1 24 | $127.5M | $394.3M |
营业利润率JBHTNVR
| Q4 25 | 8.0% | — | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 6.1% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.0% | — | ||
| Q1 24 | 6.6% | — |
净利率JBHTNVR
| Q4 25 | 5.8% | 13.4% | ||
| Q3 25 | 5.6% | 13.1% | ||
| Q2 25 | 4.4% | 12.8% | ||
| Q1 25 | 4.0% | 12.5% | ||
| Q4 24 | 4.9% | 16.1% | ||
| Q3 24 | 5.0% | 15.7% | ||
| Q2 24 | 4.6% | 15.3% | ||
| Q1 24 | 4.3% | 16.9% |
每股收益（稀释后）JBHTNVR
| Q4 25 | $1.88 | $120.85 | ||
| Q3 25 | $1.76 | $112.33 | ||
| Q2 25 | $1.31 | $108.54 | ||
| Q1 25 | $1.17 | $94.83 | ||
| Q4 24 | $1.53 | $139.09 | ||
| Q3 24 | $1.49 | $130.50 | ||
| Q2 24 | $1.32 | $120.69 | ||
| Q1 24 | $1.22 | $116.41 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.6B | $3.9B |
| 总资产 | $7.9B | $5.9B |
| 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JBHTNVR
| Q4 25 | $17.3M | — | ||
| Q3 25 | $52.3M | — | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $43.4M | — | ||
| Q4 24 | $47.0M | — | ||
| Q3 24 | $120.0M | — | ||
| Q2 24 | $53.5M | — | ||
| Q1 24 | $64.2M | — |
总债务JBHTNVR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $977.7M | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.4B | — |
股东权益JBHTNVR
| Q4 25 | $3.6B | $3.9B | ||
| Q3 25 | $3.6B | $4.0B | ||
| Q2 25 | $3.7B | $3.8B | ||
| Q1 25 | $3.9B | $4.0B | ||
| Q4 24 | $4.0B | $4.2B | ||
| Q3 24 | $4.0B | $4.3B | ||
| Q2 24 | $4.1B | $4.1B | ||
| Q1 24 | $4.2B | $4.3B |
总资产JBHTNVR
| Q4 25 | $7.9B | $5.9B | ||
| Q3 25 | $8.1B | $6.0B | ||
| Q2 25 | $8.2B | $5.9B | ||
| Q1 25 | $8.3B | $6.2B | ||
| Q4 24 | $8.3B | $6.4B | ||
| Q3 24 | $8.3B | $6.5B | ||
| Q2 24 | $8.4B | $6.4B | ||
| Q1 24 | $8.4B | $6.5B |
负债/权益比JBHTNVR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | — | ||
| Q3 24 | 0.26× | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | 0.33× | — |
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 | $439.7M |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $436.0M |
| 自由现金流率自由现金流/营收 | 8.1% | 16.1% |
| 资本支出强度资本支出/营收 | 4.3% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.13× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $947.6M | $1.1B |
8季度趋势，按日历期对齐
经营现金流JBHTNVR
| Q4 25 | $385.6M | $439.7M | ||
| Q3 25 | $486.4M | $438.7M | ||
| Q2 25 | $402.1M | $35.1M | ||
| Q1 25 | $404.2M | $207.8M | ||
| Q4 24 | $317.6M | $637.0M | ||
| Q3 24 | $338.5M | $358.3M | ||
| Q2 24 | $360.6M | $232.7M | ||
| Q1 24 | $466.5M | $146.5M |
自由现金流JBHTNVR
| Q4 25 | $251.3M | $436.0M | ||
| Q3 25 | $352.4M | $433.3M | ||
| Q2 25 | $185.6M | $26.8M | ||
| Q1 25 | $158.4M | $200.7M | ||
| Q4 24 | $93.3M | $631.5M | ||
| Q3 24 | $163.1M | $350.1M | ||
| Q2 24 | $98.2M | $226.3M | ||
| Q1 24 | $263.1M | $137.5M |
自由现金流率JBHTNVR
| Q4 25 | 8.1% | 16.1% | ||
| Q3 25 | 11.5% | 16.6% | ||
| Q2 25 | 6.3% | 1.0% | ||
| Q1 25 | 5.4% | 8.4% | ||
| Q4 24 | 3.0% | 22.2% | ||
| Q3 24 | 5.3% | 12.8% | ||
| Q2 24 | 3.4% | 8.7% | ||
| Q1 24 | 8.9% | 5.9% |
资本支出强度JBHTNVR
| Q4 25 | 4.3% | 0.1% | ||
| Q3 25 | 4.4% | 0.2% | ||
| Q2 25 | 7.4% | 0.3% | ||
| Q1 25 | 8.4% | 0.3% | ||
| Q4 24 | 7.1% | 0.2% | ||
| Q3 24 | 5.7% | 0.3% | ||
| Q2 24 | 9.0% | 0.2% | ||
| Q1 24 | 6.9% | 0.4% |
现金转化率JBHTNVR
| Q4 25 | 2.13× | 1.21× | ||
| Q3 25 | 2.85× | 1.28× | ||
| Q2 25 | 3.13× | 0.11× | ||
| Q1 25 | 3.43× | 0.69× | ||
| Q4 24 | 2.04× | 1.39× | ||
| Q3 24 | 2.23× | 0.83× | ||
| Q2 24 | 2.65× | 0.58× | ||
| Q1 24 | 3.66× | 0.37× |
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% |
NVR
| Home Building Segment | $2.6B | 97% |
| Mortgage Banking Segment | $77.4M | 3% |
