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J.B. Hunt（JBHT）与Wabtec（WAB）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Wabtec的1.0倍（$3.1B vs $3.0B），Wabtec净利率更高（12.3% vs 5.8%，领先6.5%），Wabtec同比增速更快（13.0% vs -1.6%），过去两年Wabtec的营收复合增速更高（5.6% 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。
西屋空气制动技术公司（通称Wabtec）是美国知名轨道交通设备企业，1999年由西屋空气制动公司（WABCO）与动力设备厂商MotivePower合并组建，总部设于宾夕法尼亚州匹兹堡，在全球轨交制动系统、牵引动力设备等领域拥有领先的技术实力与市场份额。
JBHT vs WAB — 直观对比
营收规模更大
JBHT
是对方的1.0倍
$3.0B
营收增速更快
WAB
高出14.6%
-1.6%
净利率更高
WAB
高出6.5%
5.8%
两年增速更快
WAB
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $3.0B |
| 净利润 | $181.1M | $363.0M |
| 毛利率 | — | 36.0% |
| 营业利润率 | 8.0% | 17.5% |
| 净利率 | 5.8% | 12.3% |
| 营收同比 | -1.6% | 13.0% |
| 净利润同比 | 16.5% | 11.0% |
| 每股收益（稀释后） | $1.88 | $2.12 |
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JBHTWAB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $3.1B | $3.0B | ||
| Q3 25 | $3.1B | $2.9B | ||
| Q2 25 | $2.9B | $2.7B | ||
| Q1 25 | $2.9B | $2.6B | ||
| Q4 24 | $3.1B | $2.6B | ||
| Q3 24 | $3.1B | $2.7B | ||
| Q2 24 | $2.9B | $2.6B |
净利润JBHTWAB
| Q1 26 | — | $363.0M | ||
| Q4 25 | $181.1M | $202.0M | ||
| Q3 25 | $170.8M | $310.0M | ||
| Q2 25 | $128.6M | $336.0M | ||
| Q1 25 | $117.7M | $322.0M | ||
| Q4 24 | $155.5M | $212.0M | ||
| Q3 24 | $152.1M | $283.0M | ||
| Q2 24 | $135.9M | $289.0M |
毛利率JBHTWAB
| Q1 26 | — | 36.0% | ||
| Q4 25 | — | 32.6% | ||
| Q3 25 | — | 34.7% | ||
| Q2 25 | — | 34.7% | ||
| Q1 25 | — | 34.5% | ||
| Q4 24 | — | 30.9% | ||
| Q3 24 | — | 33.0% | ||
| Q2 24 | — | 33.1% |
营业利润率JBHTWAB
| Q1 26 | — | 17.5% | ||
| Q4 25 | 8.0% | 12.0% | ||
| Q3 25 | 7.9% | 17.0% | ||
| Q2 25 | 6.7% | 17.4% | ||
| Q1 25 | 6.1% | 18.2% | ||
| Q4 24 | 6.6% | 12.9% | ||
| Q3 24 | 7.3% | 16.3% | ||
| Q2 24 | 7.0% | 16.3% |
净利率JBHTWAB
| Q1 26 | — | 12.3% | ||
| Q4 25 | 5.8% | 6.8% | ||
| Q3 25 | 5.6% | 10.7% | ||
| Q2 25 | 4.4% | 12.4% | ||
| Q1 25 | 4.0% | 12.3% | ||
| Q4 24 | 4.9% | 8.2% | ||
| Q3 24 | 5.0% | 10.6% | ||
| Q2 24 | 4.6% | 10.9% |
每股收益（稀释后）JBHTWAB
| Q1 26 | — | $2.12 | ||
| Q4 25 | $1.88 | $1.18 | ||
| Q3 25 | $1.76 | $1.81 | ||
| Q2 25 | $1.31 | $1.96 | ||
| Q1 25 | $1.17 | $1.88 | ||
| Q4 24 | $1.53 | $1.24 | ||
| Q3 24 | $1.49 | $1.63 | ||
| Q2 24 | $1.32 | $1.64 |
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 | — | $4.7B |
| 股东权益账面价值 | $3.6B | $11.1B |
| 总资产 | $7.9B | $23.2B |
| 负债/权益比越低杠杆越低 | — | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资JBHTWAB
| Q1 26 | — | — | ||
| 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 | — |
总债务JBHTWAB
| Q1 26 | — | $4.7B | ||
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | $977.7M | $4.0B | ||
| Q3 24 | $1.0B | $4.0B | ||
| Q2 24 | $1.5B | $4.0B |
股东权益JBHTWAB
| Q1 26 | — | $11.1B | ||
| Q4 25 | $3.6B | $11.1B | ||
| Q3 25 | $3.6B | $11.0B | ||
| Q2 25 | $3.7B | $10.8B | ||
| Q1 25 | $3.9B | $10.4B | ||
| Q4 24 | $4.0B | $10.1B | ||
| Q3 24 | $4.0B | $10.3B | ||
| Q2 24 | $4.1B | $10.5B |
总资产JBHTWAB
| Q1 26 | — | $23.2B | ||
| Q4 25 | $7.9B | $22.1B | ||
| Q3 25 | $8.1B | $21.5B | ||
| Q2 25 | $8.2B | $20.4B | ||
| Q1 25 | $8.3B | $19.1B | ||
| Q4 24 | $8.3B | $18.7B | ||
| Q3 24 | $8.3B | $18.6B | ||
| Q2 24 | $8.4B | $18.9B |
负债/权益比JBHTWAB
| Q1 26 | — | 0.42× | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | 0.24× | 0.39× | ||
| Q3 24 | 0.26× | 0.39× | ||
| Q2 24 | 0.36× | 0.38× |
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 | $199.0M |
| 自由现金流经营现金流 - 资本支出 | $251.3M | — |
| 自由现金流率自由现金流/营收 | 8.1% | — |
| 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× | 0.55× |
| 过去12个月自由现金流最近4个季度 | $947.6M | — |
8季度趋势，按日历期对齐
经营现金流JBHTWAB
| Q1 26 | — | $199.0M | ||
| Q4 25 | $385.6M | $992.0M | ||
| Q3 25 | $486.4M | $367.0M | ||
| Q2 25 | $402.1M | $209.0M | ||
| Q1 25 | $404.2M | $191.0M | ||
| Q4 24 | $317.6M | $723.0M | ||
| Q3 24 | $338.5M | $542.0M | ||
| Q2 24 | $360.6M | $235.0M |
自由现金流JBHTWAB
| Q1 26 | — | — | ||
| Q4 25 | $251.3M | $870.0M | ||
| Q3 25 | $352.4M | $312.0M | ||
| Q2 25 | $185.6M | $170.0M | ||
| Q1 25 | $158.4M | $147.0M | ||
| Q4 24 | $93.3M | $639.0M | ||
| Q3 24 | $163.1M | $496.0M | ||
| Q2 24 | $98.2M | $189.0M |
自由现金流率JBHTWAB
| Q1 26 | — | — | ||
| Q4 25 | 8.1% | 29.3% | ||
| Q3 25 | 11.5% | 10.8% | ||
| Q2 25 | 6.3% | 6.3% | ||
| Q1 25 | 5.4% | 5.6% | ||
| Q4 24 | 3.0% | 24.7% | ||
| Q3 24 | 5.3% | 18.6% | ||
| Q2 24 | 3.4% | 7.1% |
资本支出强度JBHTWAB
| Q1 26 | — | — | ||
| Q4 25 | 4.3% | 4.1% | ||
| Q3 25 | 4.4% | 1.9% | ||
| Q2 25 | 7.4% | 1.4% | ||
| Q1 25 | 8.4% | 1.7% | ||
| Q4 24 | 7.1% | 3.3% | ||
| Q3 24 | 5.7% | 1.7% | ||
| Q2 24 | 9.0% | 1.7% |
现金转化率JBHTWAB
| Q1 26 | — | 0.55× | ||
| Q4 25 | 2.13× | 4.91× | ||
| Q3 25 | 2.85× | 1.18× | ||
| Q2 25 | 3.13× | 0.62× | ||
| Q1 25 | 3.43× | 0.59× | ||
| Q4 24 | 2.04× | 3.41× | ||
| Q3 24 | 2.23× | 1.92× | ||
| Q2 24 | 2.65× | 0.81× |
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% |
WAB
暂无分部数据
