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KEMPER Corp（KMPR）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
RUSH ENTERPRISES INC \TX\的季度营收约是KEMPER Corp的1.5倍（$1.7B vs $1.1B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs -0.7%，领先4.4%），KEMPER Corp同比增速更快（-4.7% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $166.2M），过去两年KEMPER Corp的营收复合增速更高（-0.5% vs -6.8%）
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
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。
KMPR vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.5倍
$1.1B
营收增速更快
KMPR
高出4.3%
-9.0%
净利率更高
RUSHA
高出4.4%
-0.7%
自由现金流更多
RUSHA
多$245.4M
$166.2M
两年增速更快
KMPR
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $-8.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | — | 4.9% |
| 净利率 | -0.7% | 3.7% |
| 营收同比 | -4.7% | -9.0% |
| 净利润同比 | -108.2% | 1.8% |
| 每股收益（稀释后） | $-0.03 | $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KMPRRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.2B | $1.8B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.2B | $1.9B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.1B | $1.9B |
净利润KMPRRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $-8.0M | $64.3M | ||
| Q3 25 | $-21.0M | $66.7M | ||
| Q2 25 | $72.6M | $72.4M | ||
| Q1 25 | $99.7M | $60.3M | ||
| Q4 24 | $97.4M | $74.8M | ||
| Q3 24 | $73.7M | $79.1M | ||
| Q2 24 | $75.4M | $78.7M |
毛利率KMPRRUSHA
| 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KMPRRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 5.6% | ||
| Q2 25 | — | 6.0% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 11.2% | 6.7% | ||
| Q2 24 | 10.1% | 6.4% |
净利率KMPRRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | -0.7% | 3.8% | ||
| Q3 25 | -1.7% | 3.7% | ||
| Q2 25 | 5.9% | 3.9% | ||
| Q1 25 | 8.4% | 3.4% | ||
| Q4 24 | 8.2% | 3.9% | ||
| Q3 24 | 6.3% | 4.4% | ||
| Q2 24 | 6.7% | 4.1% |
每股收益（稀释后）KMPRRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $-0.03 | $0.81 | ||
| Q3 25 | $-0.34 | $0.83 | ||
| Q2 25 | $1.12 | $0.90 | ||
| Q1 25 | $1.54 | $0.73 | ||
| Q4 24 | $1.51 | $-95.13 | ||
| Q3 24 | $1.14 | $0.97 | ||
| Q2 24 | $1.16 | $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 | — | — |
| 总债务越低越好 | $943.5M | $277.8M |
| 股东权益账面价值 | $2.7B | $2.3B |
| 总资产 | $12.5B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.35× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资KMPRRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | $371.2M | $242.0M | ||
| Q2 25 | $407.6M | $211.1M | ||
| Q1 25 | $545.3M | $228.7M | ||
| Q4 24 | $1.0B | $228.1M | ||
| Q3 24 | $696.9M | $185.1M | ||
| Q2 24 | $539.1M | $167.3M |
总债务KMPRRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $943.5M | $274.8M | ||
| Q3 25 | $943.1M | — | ||
| Q2 25 | $942.6M | — | ||
| Q1 25 | $942.1M | — | ||
| Q4 24 | $1.4B | $408.4M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — |
股东权益KMPRRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.7B | $2.2B | ||
| Q3 25 | $2.7B | $2.2B | ||
| Q2 25 | $370.0M | $2.2B | ||
| Q1 25 | $366.0M | $2.2B | ||
| Q4 24 | $2.8B | $2.1B | ||
| Q3 24 | $2.8B | $2.1B | ||
| Q2 24 | $358.0M | $2.0B |
总资产KMPRRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $12.5B | $4.4B | ||
| Q3 25 | $12.4B | $4.6B | ||
| Q2 25 | $12.6B | $4.7B | ||
| Q1 25 | $12.5B | $4.7B | ||
| Q4 24 | $12.6B | $4.6B | ||
| Q3 24 | $12.6B | $4.6B | ||
| Q2 24 | $12.6B | $4.5B |
负债/权益比KMPRRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.35× | 0.12× | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 2.57× | — | ||
| Q4 24 | 0.50× | 0.19× | ||
| Q3 24 | 0.50× | — | ||
| Q2 24 | 3.88× | — |
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 | $175.0M | — |
| 自由现金流经营现金流 - 资本支出 | $166.2M | $411.6M |
| 自由现金流率自由现金流/营收 | 14.7% | 24.4% |
| 资本支出强度资本支出/营收 | 0.8% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $553.9M | $828.4M |
8季度趋势，按日历期对齐
经营现金流KMPRRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $175.0M | $112.9M | ||
| Q3 25 | $139.9M | $367.8M | ||
| Q2 25 | $89.6M | $227.6M | ||
| Q1 25 | $180.0M | $153.5M | ||
| Q4 24 | $175.1M | $392.3M | ||
| Q3 24 | $141.9M | $111.7M | ||
| Q2 24 | $22.9M | $270.6M |
自由现金流KMPRRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $166.2M | $31.9M | ||
| Q3 25 | $133.4M | $271.2M | ||
| Q2 25 | $82.0M | $113.8M | ||
| Q1 25 | $172.3M | $45.1M | ||
| Q4 24 | $165.4M | $263.5M | ||
| Q3 24 | $131.4M | $-20.0M | ||
| Q2 24 | $5.2M | $177.2M |
自由现金流率KMPRRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 14.7% | 1.9% | ||
| Q3 25 | 10.8% | 15.2% | ||
| Q2 25 | 6.7% | 6.2% | ||
| Q1 25 | 14.4% | 2.6% | ||
| Q4 24 | 13.9% | 13.7% | ||
| Q3 24 | 11.1% | -1.1% | ||
| Q2 24 | 0.5% | 9.1% |
资本支出强度KMPRRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 0.8% | 4.8% | ||
| Q3 25 | 0.5% | 5.4% | ||
| Q2 25 | 0.6% | 6.2% | ||
| Q1 25 | 0.6% | 6.2% | ||
| Q4 24 | 0.8% | 6.7% | ||
| Q3 24 | 0.9% | 7.3% | ||
| Q2 24 | 1.6% | 4.8% |
现金转化率KMPRRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | 1.23× | 3.14× | ||
| Q1 25 | 1.81× | 2.55× | ||
| Q4 24 | 1.80× | 5.25× | ||
| Q3 24 | 1.93× | 1.41× | ||
| Q2 24 | 0.30× | 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
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
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% |
