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J.B. Hunt（JBHT）与QVC INC（QVCD）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QVC INC的1.3倍（$3.1B vs $2.4B），J.B. Hunt净利率更高（4.6% vs 1.5%，领先3.1%），J.B. Hunt同比增速更快（4.6% vs -8.9%），过去两年QVC INC的营收复合增速更高（7.1% 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。
QVC集团是一家美国媒体 conglomerate，由公司董事长约翰·C·马龙控股，马龙持有该集团多数有表决权股份，业务覆盖媒体相关领域，是美国颇具影响力的传媒企业集团。
JBHT vs QVCD — 直观对比
营收规模更大
JBHT
是对方的1.3倍
$2.4B
营收增速更快
JBHT
高出13.6%
-8.9%
净利率更高
JBHT
高出3.1%
1.5%
两年增速更快
QVCD
近两年复合增速
2.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.4B |
| 净利润 | $141.6M | $37.0M |
| 毛利率 | — | 32.5% |
| 营业利润率 | 6.8% | 5.6% |
| 净利率 | 4.6% | 1.5% |
| 营收同比 | 4.6% | -8.9% |
| 净利润同比 | 20.2% | 103.0% |
| 每股收益（稀释后） | $1.49 | — |
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JBHTQVCD
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $2.4B | ||
| Q3 25 | $3.1B | $2.0B | ||
| Q2 25 | $2.9B | $2.0B | ||
| Q1 25 | $2.9B | $1.9B | ||
| Q4 24 | $3.1B | $2.7B | ||
| Q3 24 | $3.1B | $2.1B | ||
| Q2 24 | $2.9B | $2.1B |
净利润JBHTQVCD
| Q1 26 | $141.6M | — | ||
| Q4 25 | $181.1M | $37.0M | ||
| Q3 25 | $170.8M | $2.0M | ||
| Q2 25 | $128.6M | $-2.2B | ||
| Q1 25 | $117.7M | $-42.0M | ||
| Q4 24 | $155.5M | $-1.2B | ||
| Q3 24 | $152.1M | $51.0M | ||
| Q2 24 | $135.9M | $53.0M |
毛利率JBHTQVCD
| Q1 26 | — | — | ||
| Q4 25 | — | 32.5% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | — | 35.4% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | 32.6% | ||
| Q3 24 | — | 34.7% | ||
| Q2 24 | — | 35.6% |
营业利润率JBHTQVCD
| Q1 26 | 6.8% | — | ||
| Q4 25 | 8.0% | 5.6% | ||
| Q3 25 | 7.9% | 4.6% | ||
| Q2 25 | 6.7% | -114.5% | ||
| Q1 25 | 6.1% | 1.5% | ||
| Q4 24 | 6.6% | -47.1% | ||
| Q3 24 | 7.3% | 7.8% | ||
| Q2 24 | 7.0% | 7.6% |
净利率JBHTQVCD
| Q1 26 | 4.6% | — | ||
| Q4 25 | 5.8% | 1.5% | ||
| Q3 25 | 5.6% | 0.1% | ||
| Q2 25 | 4.4% | -109.1% | ||
| Q1 25 | 4.0% | -2.2% | ||
| Q4 24 | 4.9% | -46.0% | ||
| Q3 24 | 5.0% | 2.4% | ||
| Q2 24 | 4.6% | 2.5% |
每股收益（稀释后）JBHTQVCD
| Q1 26 | $1.49 | — | ||
| Q4 25 | $1.88 | — | ||
| Q3 25 | $1.76 | — | ||
| Q2 25 | $1.31 | — | ||
| Q1 25 | $1.17 | — | ||
| Q4 24 | $1.53 | — | ||
| Q3 24 | $1.49 | — | ||
| Q2 24 | $1.32 | — |
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 | $1.5B |
| 总债务越低越好 | $1.3B | $1.0M |
| 股东权益账面价值 | $3.6B | $1.2B |
| 总资产 | — | $8.5B |
| 负债/权益比越低杠杆越低 | 0.36× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资JBHTQVCD
| Q1 26 | $4.6M | — | ||
| Q4 25 | $17.3M | $1.5B | ||
| Q3 25 | $52.3M | — | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $43.4M | — | ||
| Q4 24 | $47.0M | $297.0M | ||
| Q3 24 | $120.0M | $297.0M | ||
| Q2 24 | $53.5M | $315.0M |
总债务JBHTQVCD
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $1.0M | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $977.7M | $3.3B | ||
| Q3 24 | $1.0B | $3.4B | ||
| Q2 24 | $1.5B | $3.7B |
股东权益JBHTQVCD
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $1.2B | ||
| Q3 25 | $3.6B | $1.2B | ||
| Q2 25 | $3.7B | $1.2B | ||
| Q1 25 | $3.9B | $3.3B | ||
| Q4 24 | $4.0B | $3.3B | ||
| Q3 24 | $4.0B | $4.6B | ||
| Q2 24 | $4.1B | $4.3B |
总资产JBHTQVCD
| Q1 26 | — | — | ||
| Q4 25 | $7.9B | $8.5B | ||
| Q3 25 | $8.1B | $8.3B | ||
| Q2 25 | $8.2B | $7.4B | ||
| Q1 25 | $8.3B | $9.7B | ||
| Q4 24 | $8.3B | $9.9B | ||
| Q3 24 | $8.3B | $9.9B | ||
| Q2 24 | $8.4B | $11.2B |
负债/权益比JBHTQVCD
| Q1 26 | 0.36× | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.42× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | 0.24× | 1.01× | ||
| Q3 24 | 0.26× | 0.73× | ||
| Q2 24 | 0.36× | 0.87× |
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 | $245.0M |
| 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% | — |
| 现金转化率经营现金流/净利润 | 2.49× | 6.62× |
| 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JBHTQVCD
| Q1 26 | $353.0M | — | ||
| Q4 25 | $385.6M | $245.0M | ||
| Q3 25 | $486.4M | $76.0M | ||
| Q2 25 | $402.1M | $52.0M | ||
| Q1 25 | $404.2M | $46.0M | ||
| Q4 24 | $317.6M | $189.0M | ||
| Q3 24 | $338.5M | $98.0M | ||
| Q2 24 | $360.6M | $164.0M |
自由现金流JBHTQVCD
| Q1 26 | — | — | ||
| Q4 25 | $251.3M | — | ||
| Q3 25 | $352.4M | — | ||
| Q2 25 | $185.6M | — | ||
| Q1 25 | $158.4M | — | ||
| Q4 24 | $93.3M | — | ||
| Q3 24 | $163.1M | — | ||
| Q2 24 | $98.2M | — |
自由现金流率JBHTQVCD
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | — | ||
| Q3 25 | 11.5% | — | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 5.4% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 3.4% | — |
资本支出强度JBHTQVCD
| Q1 26 | 2.3% | — | ||
| Q4 25 | 4.3% | — | ||
| Q3 25 | 4.4% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | 8.4% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 9.0% | — |
现金转化率JBHTQVCD
| Q1 26 | 2.49× | — | ||
| Q4 25 | 2.13× | 6.62× | ||
| Q3 25 | 2.85× | 38.00× | ||
| Q2 25 | 3.13× | — | ||
| Q1 25 | 3.43× | — | ||
| Q4 24 | 2.04× | — | ||
| Q3 24 | 2.23× | 1.92× | ||
| Q2 24 | 2.65× | 3.09× |
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% |
QVCD
| Home | $754.0M | 31% |
| QVC International | $661.0M | 27% |
| Beauty | $260.0M | 11% |
| Apparel | $254.0M | 10% |
| Electronics | $187.0M | 8% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 4% |
| Otherrevenue | $38.0M | 2% |
