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Liberty Energy Inc.（LBRT）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Liberty Energy Inc.的1.4倍（$1.5B vs $1.0B），Liberty Energy Inc.净利率更高（2.2% vs -3.1%，领先5.3%），Liberty Energy Inc.同比增速更快（4.5% vs -11.9%），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -6.2%）
Liberty Energy Inc.是北美领先的能源服务供应商，专注为油气运营企业提供水力压裂及完井解决方案，服务覆盖美国主要页岩产区，供应低排放作业设备及定制化支持，帮助提升油气井生产效率。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
LBRT vs RXO — 直观对比
营收规模更大
RXO
是对方的1.4倍
$1.0B
营收增速更快
LBRT
高出16.4%
-11.9%
净利率更高
LBRT
高出5.3%
-3.1%
两年增速更快
RXO
近两年复合增速
-6.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.5B |
| 净利润 | $22.6M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 2.2% | -2.9% |
| 净利率 | 2.2% | -3.1% |
| 营收同比 | 4.5% | -11.9% |
| 净利润同比 | — | -84.0% |
| 每股收益（稀释后） | $0.14 | $-0.28 |
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LBRTRXO
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $947.4M | $1.4B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $977.5M | $1.4B | ||
| Q4 24 | $943.6M | $1.7B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.2B | $930.0M |
净利润LBRTRXO
| Q1 26 | $22.6M | — | ||
| Q4 25 | $13.7M | $-46.0M | ||
| Q3 25 | $43.1M | $-14.0M | ||
| Q2 25 | $71.0M | $-9.0M | ||
| Q1 25 | $20.1M | $-31.0M | ||
| Q4 24 | $51.9M | $-25.0M | ||
| Q3 24 | $73.8M | $-243.0M | ||
| Q2 24 | $108.4M | $-7.0M |
毛利率LBRTRXO
| Q1 26 | — | — | ||
| Q4 25 | 20.6% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | 22.1% | — | ||
| Q1 25 | 22.1% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 26.2% | — | ||
| Q2 24 | 27.9% | — |
营业利润率LBRTRXO
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.9% | -2.9% | ||
| Q3 25 | -0.3% | -0.5% | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 1.9% | -2.1% | ||
| Q4 24 | 2.6% | -1.4% | ||
| Q3 24 | 9.4% | -1.9% | ||
| Q2 24 | 12.2% | — |
净利率LBRTRXO
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.3% | -3.1% | ||
| Q3 25 | 4.5% | -1.0% | ||
| Q2 25 | 6.8% | -0.6% | ||
| Q1 25 | 2.1% | -2.2% | ||
| Q4 24 | 5.5% | -1.5% | ||
| Q3 24 | 6.5% | -23.4% | ||
| Q2 24 | 9.3% | -0.8% |
每股收益（稀释后）LBRTRXO
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.08 | $-0.28 | ||
| Q3 25 | $0.26 | $-0.08 | ||
| Q2 25 | $0.43 | $-0.05 | ||
| Q1 25 | $0.12 | $-0.18 | ||
| Q4 24 | $0.31 | $-0.17 | ||
| Q3 24 | $0.44 | $-1.81 | ||
| Q2 24 | $0.64 | $-0.06 |
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 | $699.1M | $17.0M |
| 总债务越低越好 | $7.1M | $387.0M |
| 股东权益账面价值 | $1.9B | $1.5B |
| 总资产 | $4.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资LBRTRXO
| Q1 26 | $699.1M | — | ||
| Q4 25 | $27.6M | $17.0M | ||
| Q3 25 | $13.5M | $25.0M | ||
| Q2 25 | $19.6M | $18.0M | ||
| Q1 25 | $24.1M | $16.0M | ||
| Q4 24 | $20.0M | $35.0M | ||
| Q3 24 | $23.0M | $55.0M | ||
| Q2 24 | $30.0M | $7.0M |
总债务LBRTRXO
| Q1 26 | $7.1M | — | ||
| Q4 25 | $246.6M | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | $190.5M | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M |
股东权益LBRTRXO
| Q1 26 | $1.9B | — | ||
| Q4 25 | $2.1B | $1.5B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $2.0B | $1.6B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $1.9B | $579.0M |
总资产LBRTRXO
| Q1 26 | $4.4B | — | ||
| Q4 25 | $3.6B | $3.3B | ||
| Q3 25 | $3.5B | $3.2B | ||
| Q2 25 | $3.4B | $3.2B | ||
| Q1 25 | $3.4B | $3.3B | ||
| Q4 24 | $3.3B | $3.4B | ||
| Q3 24 | $3.3B | $3.4B | ||
| Q2 24 | $3.2B | $1.8B |
负债/权益比LBRTRXO
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.12× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 0.10× | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× |
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 | — | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | 13.1% | 1.1% |
| 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 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流LBRTRXO
| Q1 26 | — | — | ||
| Q4 25 | $195.4M | $7.0M | ||
| Q3 25 | $51.5M | $23.0M | ||
| Q2 25 | $170.6M | $23.0M | ||
| Q1 25 | $192.1M | $-2.0M | ||
| Q4 24 | $177.3M | $-7.0M | ||
| Q3 24 | $244.5M | $-7.0M | ||
| Q2 24 | $248.2M | $-5.0M |
自由现金流LBRTRXO
| Q1 26 | — | — | ||
| Q4 25 | $-10.0M | $-9.0M | ||
| Q3 25 | $-67.2M | $9.0M | ||
| Q2 25 | $33.1M | $9.0M | ||
| Q1 25 | $58.2M | $-17.0M | ||
| Q4 24 | $-26.2M | $-19.0M | ||
| Q3 24 | $77.9M | $-18.0M | ||
| Q2 24 | $112.2M | $-16.0M |
自由现金流率LBRTRXO
| Q1 26 | — | — | ||
| Q4 25 | -1.0% | -0.6% | ||
| Q3 25 | -7.1% | 0.6% | ||
| Q2 25 | 3.2% | 0.6% | ||
| Q1 25 | 6.0% | -1.2% | ||
| Q4 24 | -2.8% | -1.1% | ||
| Q3 24 | 6.8% | -1.7% | ||
| Q2 24 | 9.7% | -1.7% |
资本支出强度LBRTRXO
| Q1 26 | 13.1% | — | ||
| Q4 25 | 19.8% | 1.1% | ||
| Q3 25 | 12.5% | 1.0% | ||
| Q2 25 | 13.2% | 1.0% | ||
| Q1 25 | 13.7% | 1.0% | ||
| Q4 24 | 21.6% | 0.7% | ||
| Q3 24 | 14.6% | 1.1% | ||
| Q2 24 | 11.7% | 1.2% |
现金转化率LBRTRXO
| Q1 26 | — | — | ||
| Q4 25 | 14.28× | — | ||
| Q3 25 | 1.20× | — | ||
| Q2 25 | 2.40× | — | ||
| Q1 25 | 9.55× | — | ||
| Q4 24 | 3.42× | — | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | 2.29× | — |
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
LBRT
暂无分部数据
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
