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J.B. Hunt（JBHT）与标普全球（SPGI）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是J.B. Hunt的1.3倍（$4.2B vs $3.1B），标普全球净利率更高（36.1% vs 5.8%，领先30.2%），标普全球同比增速更快（10.0% vs -1.6%），标普全球自由现金流更多（$919.0M vs $251.3M），过去两年标普全球的营收复合增速更高（8.4% 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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
JBHT vs SPGI — 直观对比
营收规模更大
SPGI
是对方的1.3倍
$3.1B
营收增速更快
SPGI
高出11.6%
-1.6%
净利率更高
SPGI
高出30.2%
5.8%
自由现金流更多
SPGI
多$667.7M
$251.3M
两年增速更快
SPGI
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $4.2B |
| 净利润 | $181.1M | $1.5B |
| 毛利率 | — | — |
| 营业利润率 | 8.0% | 48.0% |
| 净利率 | 5.8% | 36.1% |
| 营收同比 | -1.6% | 10.0% |
| 净利润同比 | 16.5% | 28.0% |
| 每股收益（稀释后） | $1.88 | $4.69 |
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JBHTSPGI
| Q1 26 | — | $4.2B | ||
| Q4 25 | $3.1B | $3.9B | ||
| Q3 25 | $3.1B | $3.9B | ||
| Q2 25 | $2.9B | $3.8B | ||
| Q1 25 | $2.9B | $3.8B | ||
| Q4 24 | $3.1B | $3.6B | ||
| Q3 24 | $3.1B | $3.6B | ||
| Q2 24 | $2.9B | $3.5B |
净利润JBHTSPGI
| Q1 26 | — | $1.5B | ||
| Q4 25 | $181.1M | $1.1B | ||
| Q3 25 | $170.8M | $1.2B | ||
| Q2 25 | $128.6M | $1.1B | ||
| Q1 25 | $117.7M | $1.1B | ||
| Q4 24 | $155.5M | $879.0M | ||
| Q3 24 | $152.1M | $971.0M | ||
| Q2 24 | $135.9M | $1.0B |
毛利率JBHTSPGI
| Q1 26 | — | — | ||
| Q4 25 | — | 70.1% | ||
| Q3 25 | — | 71.2% | ||
| Q2 25 | — | 70.2% | ||
| Q1 25 | — | 69.5% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | — | 70.0% | ||
| Q2 24 | — | 69.4% |
营业利润率JBHTSPGI
| Q1 26 | — | 48.0% | ||
| Q4 25 | 8.0% | 42.7% | ||
| Q3 25 | 7.9% | 43.1% | ||
| Q2 25 | 6.7% | 41.3% | ||
| Q1 25 | 6.1% | 41.8% | ||
| Q4 24 | 6.6% | 36.4% | ||
| Q3 24 | 7.3% | 40.1% | ||
| Q2 24 | 7.0% | 40.9% |
净利率JBHTSPGI
| Q1 26 | — | 36.1% | ||
| Q4 25 | 5.8% | 28.9% | ||
| Q3 25 | 5.6% | 30.2% | ||
| Q2 25 | 4.4% | 28.5% | ||
| Q1 25 | 4.0% | 28.9% | ||
| Q4 24 | 4.9% | 24.5% | ||
| Q3 24 | 5.0% | 27.2% | ||
| Q2 24 | 4.6% | 28.5% |
每股收益（稀释后）JBHTSPGI
| Q1 26 | — | $4.69 | ||
| Q4 25 | $1.88 | $3.76 | ||
| Q3 25 | $1.76 | $3.86 | ||
| Q2 25 | $1.31 | $3.50 | ||
| Q1 25 | $1.17 | $3.54 | ||
| Q4 24 | $1.53 | $2.85 | ||
| Q3 24 | $1.49 | $3.11 | ||
| 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 | $17.3M | — |
| 总债务越低越好 | — | $13.3B |
| 股东权益账面价值 | $3.6B | $31.3B |
| 总资产 | $7.9B | $60.8B |
| 负债/权益比越低杠杆越低 | — | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资JBHTSPGI
| Q1 26 | — | — | ||
| Q4 25 | $17.3M | $1.8B | ||
| Q3 25 | $52.3M | $1.7B | ||
| Q2 25 | $50.9M | $1.8B | ||
| Q1 25 | $43.4M | $1.5B | ||
| Q4 24 | $47.0M | $1.7B | ||
| Q3 24 | $120.0M | $1.7B | ||
| Q2 24 | $53.5M | $2.0B |
总债务JBHTSPGI
| Q1 26 | — | $13.3B | ||
| Q4 25 | — | $13.1B | ||
| Q3 25 | — | $11.4B | ||
| Q2 25 | — | $11.4B | ||
| Q1 25 | — | $11.4B | ||
| Q4 24 | $977.7M | $11.4B | ||
| Q3 24 | $1.0B | $11.4B | ||
| Q2 24 | $1.5B | $11.4B |
股东权益JBHTSPGI
| Q1 26 | — | $31.3B | ||
| Q4 25 | $3.6B | $31.1B | ||
| Q3 25 | $3.6B | $33.1B | ||
| Q2 25 | $3.7B | $33.4B | ||
| Q1 25 | $3.9B | $33.4B | ||
| Q4 24 | $4.0B | $33.2B | ||
| Q3 24 | $4.0B | $34.0B | ||
| Q2 24 | $4.1B | $34.9B |
总资产JBHTSPGI
| Q1 26 | — | $60.8B | ||
| Q4 25 | $7.9B | $61.2B | ||
| Q3 25 | $8.1B | $59.7B | ||
| Q2 25 | $8.2B | $60.4B | ||
| Q1 25 | $8.3B | $59.9B | ||
| Q4 24 | $8.3B | $60.2B | ||
| Q3 24 | $8.3B | $60.4B | ||
| Q2 24 | $8.4B | $61.0B |
负债/权益比JBHTSPGI
| Q1 26 | — | 0.43× | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | 0.24× | 0.34× | ||
| Q3 24 | 0.26× | 0.34× | ||
| Q2 24 | 0.36× | 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 | — |
| 自由现金流经营现金流 - 资本支出 | $251.3M | $919.0M |
| 自由现金流率自由现金流/营收 | 8.1% | 22.0% |
| 资本支出强度资本支出/营收 | 4.3% | 0.6% |
| 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 | $5.5B |
8季度趋势，按日历期对齐
经营现金流JBHTSPGI
| Q1 26 | — | — | ||
| Q4 25 | $385.6M | $1.7B | ||
| Q3 25 | $486.4M | $1.5B | ||
| Q2 25 | $402.1M | $1.4B | ||
| Q1 25 | $404.2M | $953.0M | ||
| Q4 24 | $317.6M | $1.7B | ||
| Q3 24 | $338.5M | $1.4B | ||
| Q2 24 | $360.6M | $1.6B |
自由现金流JBHTSPGI
| Q1 26 | — | $919.0M | ||
| Q4 25 | $251.3M | $1.7B | ||
| Q3 25 | $352.4M | $1.5B | ||
| Q2 25 | $185.6M | $1.4B | ||
| Q1 25 | $158.4M | $910.0M | ||
| Q4 24 | $93.3M | $1.7B | ||
| Q3 24 | $163.1M | $1.4B | ||
| Q2 24 | $98.2M | $1.5B |
自由现金流率JBHTSPGI
| Q1 26 | — | 22.0% | ||
| Q4 25 | 8.1% | 43.5% | ||
| Q3 25 | 11.5% | 37.6% | ||
| Q2 25 | 6.3% | 36.9% | ||
| Q1 25 | 5.4% | 24.1% | ||
| Q4 24 | 3.0% | 47.5% | ||
| Q3 24 | 5.3% | 39.4% | ||
| Q2 24 | 3.4% | 42.9% |
资本支出强度JBHTSPGI
| Q1 26 | — | 0.6% | ||
| Q4 25 | 4.3% | 1.2% | ||
| Q3 25 | 4.4% | 1.2% | ||
| Q2 25 | 7.4% | 1.6% | ||
| Q1 25 | 8.4% | 1.1% | ||
| Q4 24 | 7.1% | 0.9% | ||
| Q3 24 | 5.7% | 1.0% | ||
| Q2 24 | 9.0% | 0.9% |
现金转化率JBHTSPGI
| Q1 26 | — | — | ||
| Q4 25 | 2.13× | 1.54× | ||
| Q3 25 | 2.85× | 1.28× | ||
| Q2 25 | 3.13× | 1.35× | ||
| Q1 25 | 3.43× | 0.87× | ||
| Q4 24 | 2.04× | 1.98× | ||
| Q3 24 | 2.23× | 1.49× | ||
| Q2 24 | 2.65× | 1.54× |
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% |
SPGI
| Ratings | $1.3B | 31% |
| Market Intelligence | $1.3B | 31% |
| Energy | $652.0M | 16% |
| Indices | $519.0M | 12% |
| Mobility | $454.0M | 11% |
