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LITHIA MOTORS INC（LAD）与Murphy USA Inc.（MUSA）财务数据对比。点击上方公司名可切换其他公司
LITHIA MOTORS INC的季度营收约是Murphy USA Inc.的1.9倍（$9.2B vs $4.7B）。Murphy USA Inc.净利率更高（3.0% vs 1.5%，领先1.5%）。Murphy USA Inc.同比增速更快（0.7% vs 0.3%）。Murphy USA Inc.自由现金流更多（$128.8M vs $30.5M）。过去两年LITHIA MOTORS INC的营收复合增速更高（3.6% vs -1.0%）
Lithia Motors Inc.是总部位于美国俄勒冈州梅德福的全国性汽车经销商集团，按营收计算为2025年美国规模最大的汽车零售商，领先于AutoNation、潘世奇汽车集团等竞争对手。截至2024年12月31日，该公司在美、加、英三国运营459家经销网点，全球员工约3万人。
墨菲美国是总部位于美国阿肯色州埃尔多拉多的企业，2013年由墨菲石油分拆后独立运营，主营连锁零售加油站业务，旗下站点大多毗邻沃尔玛门店开设，为消费者提供燃油及配套零售服务。
LAD vs MUSA — 直观对比
营收规模更大
LAD
是对方的1.9倍
$4.7B
营收增速更快
MUSA
高出0.4%
0.3%
净利率更高
MUSA
高出1.5%
1.5%
自由现金流更多
MUSA
多$98.3M
$30.5M
两年增速更快
LAD
近两年复合增速
-1.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $9.2B | $4.7B |
| 净利润 | $136.9M | $141.9M |
| 毛利率 | 14.9% | — |
| 营业利润率 | 3.7% | 4.4% |
| 净利率 | 1.5% | 3.0% |
| 营收同比 | 0.3% | 0.7% |
| 净利润同比 | -36.6% | -0.4% |
| 每股收益（稀释后） | $5.90 | $7.35 |
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LADMUSA
| Q4 25 | $9.2B | $4.7B | ||
| Q3 25 | $9.7B | $5.1B | ||
| Q2 25 | $9.6B | $5.0B | ||
| Q1 25 | $9.2B | $4.5B | ||
| Q4 24 | $9.2B | $4.7B | ||
| Q3 24 | $9.2B | $5.2B | ||
| Q2 24 | $9.2B | $5.5B | ||
| Q1 24 | $8.6B | $4.8B |
净利润LADMUSA
| Q4 25 | $136.9M | $141.9M | ||
| Q3 25 | $217.1M | $129.9M | ||
| Q2 25 | $256.1M | $145.6M | ||
| Q1 25 | $209.5M | $53.2M | ||
| Q4 24 | $216.1M | $142.5M | ||
| Q3 24 | $209.1M | $149.2M | ||
| Q2 24 | $214.2M | $144.8M | ||
| Q1 24 | $162.6M | $66.0M |
毛利率LADMUSA
| Q4 25 | 14.9% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 15.4% | — | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 15.5% | — | ||
| Q2 24 | 15.4% | — | ||
| Q1 24 | 15.6% | — |
营业利润率LADMUSA
| Q4 25 | 3.7% | 4.4% | ||
| Q3 25 | 4.4% | 3.9% | ||
| Q2 25 | 4.4% | 4.4% | ||
| Q1 25 | 4.4% | 1.9% | ||
| Q4 24 | 4.5% | 4.2% | ||
| Q3 24 | 4.6% | 4.2% | ||
| Q2 24 | 4.3% | 4.0% | ||
| Q1 24 | 4.0% | 2.2% |
净利率LADMUSA
| Q4 25 | 1.5% | 3.0% | ||
| Q3 25 | 2.2% | 2.5% | ||
| Q2 25 | 2.7% | 2.9% | ||
| Q1 25 | 2.3% | 1.2% | ||
| Q4 24 | 2.4% | 3.0% | ||
| Q3 24 | 2.3% | 2.8% | ||
| Q2 24 | 2.3% | 2.7% | ||
| Q1 24 | 1.9% | 1.4% |
每股收益（稀释后）LADMUSA
| Q4 25 | $5.90 | $7.35 | ||
| Q3 25 | $8.61 | $6.76 | ||
| Q2 25 | $9.87 | $7.36 | ||
| Q1 25 | $7.94 | $2.63 | ||
| Q4 24 | $8.09 | $6.87 | ||
| Q3 24 | $7.80 | $7.20 | ||
| Q2 24 | $7.87 | $6.92 | ||
| Q1 24 | $5.89 | $3.12 |
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 | — | $28.9M |
| 总债务越低越好 | $9.7B | $2.2B |
| 股东权益账面价值 | $6.6B | $623.5M |
| 总资产 | $25.1B | $4.7B |
| 负债/权益比越低杠杆越低 | 1.47× | 3.47× |
8季度趋势，按日历期对齐
现金及短期投资LADMUSA
| Q4 25 | — | $28.9M | ||
| Q3 25 | $206.5M | $42.8M | ||
| Q2 25 | $202.8M | $54.1M | ||
| Q1 25 | $234.4M | $49.4M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | $209.8M | $52.5M | ||
| Q2 24 | $516.4M | $79.8M | ||
| Q1 24 | $264.4M | $56.7M |
总债务LADMUSA
| Q4 25 | $9.7B | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $8.2B | $1.8B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
股东权益LADMUSA
| Q4 25 | $6.6B | $623.5M | ||
| Q3 25 | $6.8B | $546.0M | ||
| Q2 25 | $7.0B | $646.1M | ||
| Q1 25 | $6.8B | $719.6M | ||
| Q4 24 | $6.7B | $840.1M | ||
| Q3 24 | $6.6B | $830.1M | ||
| Q2 24 | $6.4B | $811.3M | ||
| Q1 24 | $6.4B | $781.6M |
总资产LADMUSA
| Q4 25 | $25.1B | $4.7B | ||
| Q3 25 | $24.5B | $4.7B | ||
| Q2 25 | $24.2B | $4.6B | ||
| Q1 25 | $23.5B | $4.5B | ||
| Q4 24 | $23.1B | $4.5B | ||
| Q3 24 | $23.3B | $4.4B | ||
| Q2 24 | $23.2B | $4.4B | ||
| Q1 24 | $22.2B | $4.3B |
负债/权益比LADMUSA
| Q4 25 | 1.47× | 3.47× | ||
| Q3 25 | — | 4.07× | ||
| Q2 25 | — | 3.20× | ||
| Q1 25 | — | 2.74× | ||
| Q4 24 | 1.23× | 2.18× | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | — | 2.20× | ||
| Q1 24 | — | 2.28× |
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 | $123.7M | $245.5M |
| 自由现金流经营现金流 - 资本支出 | $30.5M | $128.8M |
| 自由现金流率自由现金流/营收 | 0.3% | 2.7% |
| 资本支出强度资本支出/营收 | 1.0% | 2.5% |
| 现金转化率经营现金流/净利润 | 0.90× | 1.73× |
| 过去12个月自由现金流最近4个季度 | $5.8M | $374.3M |
8季度趋势，按日历期对齐
经营现金流LADMUSA
| Q4 25 | $123.7M | $245.5M | ||
| Q3 25 | $-98.4M | $184.8M | ||
| Q2 25 | $9.3M | $255.1M | ||
| Q1 25 | $322.1M | $128.5M | ||
| Q4 24 | $61.8M | $248.7M | ||
| Q3 24 | $219.3M | $202.1M | ||
| Q2 24 | $-148.4M | $260.8M | ||
| Q1 24 | $292.4M | $136.0M |
自由现金流LADMUSA
| Q4 25 | $30.5M | $128.8M | ||
| Q3 25 | $-207.3M | $67.7M | ||
| Q2 25 | $-70.8M | $137.1M | ||
| Q1 25 | $253.4M | $40.7M | ||
| Q4 24 | $-17.7M | $121.7M | ||
| Q3 24 | $157.1M | $65.2M | ||
| Q2 24 | $-278.5M | $142.8M | ||
| Q1 24 | $212.8M | $59.8M |
自由现金流率LADMUSA
| Q4 25 | 0.3% | 2.7% | ||
| Q3 25 | -2.1% | 1.3% | ||
| Q2 25 | -0.7% | 2.7% | ||
| Q1 25 | 2.8% | 0.9% | ||
| Q4 24 | -0.2% | 2.6% | ||
| Q3 24 | 1.7% | 1.2% | ||
| Q2 24 | -3.0% | 2.6% | ||
| Q1 24 | 2.5% | 1.2% |
资本支出强度LADMUSA
| Q4 25 | 1.0% | 2.5% | ||
| Q3 25 | 1.1% | 2.3% | ||
| Q2 25 | 0.8% | 2.4% | ||
| Q1 25 | 0.7% | 1.9% | ||
| Q4 24 | 0.9% | 2.7% | ||
| Q3 24 | 0.7% | 2.6% | ||
| Q2 24 | 1.4% | 2.2% | ||
| Q1 24 | 0.9% | 1.6% |
现金转化率LADMUSA
| Q4 25 | 0.90× | 1.73× | ||
| Q3 25 | -0.45× | 1.42× | ||
| Q2 25 | 0.04× | 1.75× | ||
| Q1 25 | 1.54× | 2.42× | ||
| Q4 24 | 0.29× | 1.75× | ||
| Q3 24 | 1.05× | 1.35× | ||
| Q2 24 | -0.69× | 1.80× | ||
| Q1 24 | 1.80× | 2.06× |
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
LAD
暂无分部数据
MUSA
| Product Sales Petroleum Retail | $3.3B | 69% |
| Merchandise | $1.1B | 23% |
| Product Sales Petroleum Wholesale | $327.9M | 7% |
| Other | $57.0M | 1% |
| Renewable Identification Numbers | $55.3M | 1% |
| Revenue Other | $1.3M | 0% |
