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J.B. Hunt（JBHT）与RUSH ENTERPRISES INC \TX\（RUSHA）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RUSH ENTERPRISES INC \TX\的1.8倍（$3.1B vs $1.7B），J.B. Hunt净利率更高（5.8% vs 3.7%，领先2.2%），J.B. Hunt同比增速更快（-1.6% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $251.3M），过去两年J.B. Hunt的营收复合增速更高（2.6% vs -6.8%）
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。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
JBHT vs RUSHA — 直观对比
营收规模更大
JBHT
是对方的1.8倍
$1.7B
营收增速更快
JBHT
高出7.4%
-9.0%
净利率更高
JBHT
高出2.2%
3.7%
自由现金流更多
RUSHA
多$160.3M
$251.3M
两年增速更快
JBHT
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.7B |
| 净利润 | $181.1M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 8.0% | 4.9% |
| 净利率 | 5.8% | 3.7% |
| 营收同比 | -1.6% | -9.0% |
| 净利润同比 | 16.5% | 1.8% |
| 每股收益（稀释后） | $1.88 | $0.77 |
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JBHTRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $3.1B | $1.8B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $3.1B | $1.9B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $2.9B | $1.9B |
净利润JBHTRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $181.1M | $64.3M | ||
| Q3 25 | $170.8M | $66.7M | ||
| Q2 25 | $128.6M | $72.4M | ||
| Q1 25 | $117.7M | $60.3M | ||
| Q4 24 | $155.5M | $74.8M | ||
| Q3 24 | $152.1M | $79.1M | ||
| Q2 24 | $135.9M | $78.7M |
毛利率JBHTRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
营业利润率JBHTRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 8.0% | 5.5% | ||
| Q3 25 | 7.9% | 5.6% | ||
| Q2 25 | 6.7% | 6.0% | ||
| Q1 25 | 6.1% | 5.2% | ||
| Q4 24 | 6.6% | 5.8% | ||
| Q3 24 | 7.3% | 6.7% | ||
| Q2 24 | 7.0% | 6.4% |
净利率JBHTRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 5.8% | 3.8% | ||
| Q3 25 | 5.6% | 3.7% | ||
| Q2 25 | 4.4% | 3.9% | ||
| Q1 25 | 4.0% | 3.4% | ||
| Q4 24 | 4.9% | 3.9% | ||
| Q3 24 | 5.0% | 4.4% | ||
| Q2 24 | 4.6% | 4.1% |
每股收益（稀释后）JBHTRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.88 | $0.81 | ||
| Q3 25 | $1.76 | $0.83 | ||
| Q2 25 | $1.31 | $0.90 | ||
| Q1 25 | $1.17 | $0.73 | ||
| Q4 24 | $1.53 | $-95.13 | ||
| Q3 24 | $1.49 | $0.97 | ||
| Q2 24 | $1.32 | $97.00 |
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 | — | $277.8M |
| 股东权益账面价值 | $3.6B | $2.3B |
| 总资产 | $7.9B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资JBHTRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $17.3M | $212.6M | ||
| Q3 25 | $52.3M | $242.0M | ||
| Q2 25 | $50.9M | $211.1M | ||
| Q1 25 | $43.4M | $228.7M | ||
| Q4 24 | $47.0M | $228.1M | ||
| Q3 24 | $120.0M | $185.1M | ||
| Q2 24 | $53.5M | $167.3M |
总债务JBHTRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $977.7M | $408.4M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.5B | — |
股东权益JBHTRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $3.6B | $2.2B | ||
| Q3 25 | $3.6B | $2.2B | ||
| Q2 25 | $3.7B | $2.2B | ||
| Q1 25 | $3.9B | $2.2B | ||
| Q4 24 | $4.0B | $2.1B | ||
| Q3 24 | $4.0B | $2.1B | ||
| Q2 24 | $4.1B | $2.0B |
总资产JBHTRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $7.9B | $4.4B | ||
| Q3 25 | $8.1B | $4.6B | ||
| Q2 25 | $8.2B | $4.7B | ||
| Q1 25 | $8.3B | $4.7B | ||
| Q4 24 | $8.3B | $4.6B | ||
| Q3 24 | $8.3B | $4.6B | ||
| Q2 24 | $8.4B | $4.5B |
负债/权益比JBHTRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | 0.19× | ||
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $411.6M |
| 自由现金流率自由现金流/营收 | 8.1% | 24.4% |
| 资本支出强度资本支出/营收 | 4.3% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.13× | — |
| 过去12个月自由现金流最近4个季度 | $947.6M | $828.4M |
8季度趋势，按日历期对齐
经营现金流JBHTRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $385.6M | $112.9M | ||
| Q3 25 | $486.4M | $367.8M | ||
| Q2 25 | $402.1M | $227.6M | ||
| Q1 25 | $404.2M | $153.5M | ||
| Q4 24 | $317.6M | $392.3M | ||
| Q3 24 | $338.5M | $111.7M | ||
| Q2 24 | $360.6M | $270.6M |
自由现金流JBHTRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $251.3M | $31.9M | ||
| Q3 25 | $352.4M | $271.2M | ||
| Q2 25 | $185.6M | $113.8M | ||
| Q1 25 | $158.4M | $45.1M | ||
| Q4 24 | $93.3M | $263.5M | ||
| Q3 24 | $163.1M | $-20.0M | ||
| Q2 24 | $98.2M | $177.2M |
自由现金流率JBHTRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 8.1% | 1.9% | ||
| Q3 25 | 11.5% | 15.2% | ||
| Q2 25 | 6.3% | 6.2% | ||
| Q1 25 | 5.4% | 2.6% | ||
| Q4 24 | 3.0% | 13.7% | ||
| Q3 24 | 5.3% | -1.1% | ||
| Q2 24 | 3.4% | 9.1% |
资本支出强度JBHTRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 4.3% | 4.8% | ||
| Q3 25 | 4.4% | 5.4% | ||
| Q2 25 | 7.4% | 6.2% | ||
| Q1 25 | 8.4% | 6.2% | ||
| Q4 24 | 7.1% | 6.7% | ||
| Q3 24 | 5.7% | 7.3% | ||
| Q2 24 | 9.0% | 4.8% |
现金转化率JBHTRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 2.13× | 1.75× | ||
| Q3 25 | 2.85× | 5.51× | ||
| Q2 25 | 3.13× | 3.14× | ||
| Q1 25 | 3.43× | 2.55× | ||
| Q4 24 | 2.04× | 5.25× | ||
| Q3 24 | 2.23× | 1.41× | ||
| Q2 24 | 2.65× | 3.44× |
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% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
