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李维斯（LEVI）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\的季度营收约是李维斯的1.0倍（$1.8B vs $1.8B），李维斯净利率更高（8.9% vs 3.7%，领先5.3%），李维斯同比增速更快（-4.0% vs -77.3%），RUSH ENTERPRISES INC \TX\自由现金流更多（$448.2M vs $215.7M），过去两年李维斯的营收复合增速更高（6.5% vs -4.4%）
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
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。
LEVI vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.0倍
$1.8B
营收增速更快
LEVI
高出73.3%
-77.3%
净利率更高
LEVI
高出5.3%
3.7%
自由现金流更多
RUSHA
多$232.5M
$215.7M
两年增速更快
LEVI
近两年复合增速
-4.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.8B |
| 净利润 | $158.0M | $64.7M |
| 毛利率 | 60.8% | 19.7% |
| 营业利润率 | 11.9% | 5.2% |
| 净利率 | 8.9% | 3.7% |
| 营收同比 | -4.0% | -77.3% |
| 净利润同比 | -13.4% | -78.8% |
| 每股收益（稀释后） | $0.39 | $0.81 |
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LEVIRUSHA
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.8B | $1.7B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.8B | $1.9B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
净利润LEVIRUSHA
| Q1 26 | — | $64.7M | ||
| Q4 25 | $158.0M | $64.3M | ||
| Q3 25 | $218.1M | $66.7M | ||
| Q2 25 | $67.0M | $72.4M | ||
| Q1 25 | $135.0M | $60.3M | ||
| Q4 24 | $182.5M | $74.8M | ||
| Q3 24 | $20.7M | $79.1M | ||
| Q2 24 | $18.0M | $78.7M |
毛利率LEVIRUSHA
| Q1 26 | — | 19.7% | ||
| Q4 25 | 60.8% | 20.8% | ||
| Q3 25 | 61.7% | 21.0% | ||
| Q2 25 | 62.6% | 20.7% | ||
| Q1 25 | 62.1% | 20.3% | ||
| Q4 24 | 61.3% | 19.3% | ||
| Q3 24 | 60.0% | 21.0% | ||
| Q2 24 | 60.5% | 20.2% |
营业利润率LEVIRUSHA
| Q1 26 | — | 5.2% | ||
| Q4 25 | 11.9% | 5.5% | ||
| Q3 25 | 10.8% | 5.6% | ||
| Q2 25 | 7.5% | 6.0% | ||
| Q1 25 | 12.5% | 5.2% | ||
| Q4 24 | 11.5% | 5.8% | ||
| Q3 24 | 2.0% | 6.7% | ||
| Q2 24 | 1.5% | 6.4% |
净利率LEVIRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 8.9% | 3.8% | ||
| Q3 25 | 14.1% | 3.7% | ||
| Q2 25 | 4.6% | 3.9% | ||
| Q1 25 | 8.8% | 3.4% | ||
| Q4 24 | 9.9% | 3.9% | ||
| Q3 24 | 1.4% | 4.4% | ||
| Q2 24 | 1.2% | 4.1% |
每股收益（稀释后）LEVIRUSHA
| Q1 26 | — | $0.81 | ||
| Q4 25 | $0.39 | $0.81 | ||
| Q3 25 | $0.55 | $0.83 | ||
| Q2 25 | $0.17 | $0.90 | ||
| Q1 25 | $0.34 | $0.73 | ||
| Q4 24 | $0.46 | $-95.13 | ||
| Q3 24 | $0.05 | $0.97 | ||
| Q2 24 | $0.04 | $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 | $848.8M | $212.6M |
| 总债务越低越好 | $1.1B | $274.9M |
| 股东权益账面价值 | $2.3B | $2.2B |
| 总资产 | $6.8B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资LEVIRUSHA
| Q1 26 | — | $212.6M | ||
| Q4 25 | $848.8M | $212.6M | ||
| Q3 25 | $707.5M | $242.0M | ||
| Q2 25 | $736.7M | $211.1M | ||
| Q1 25 | $574.4M | $228.7M | ||
| Q4 24 | $690.0M | $228.1M | ||
| Q3 24 | $577.1M | $185.1M | ||
| Q2 24 | $641.4M | $167.3M |
总债务LEVIRUSHA
| Q1 26 | — | $274.9M | ||
| Q4 25 | $1.1B | $274.8M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $987.4M | — | ||
| Q4 24 | $994.0M | $408.4M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
股东权益LEVIRUSHA
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $2.2B | $2.2B | ||
| Q2 25 | $2.1B | $2.2B | ||
| Q1 25 | $2.0B | $2.2B | ||
| Q4 24 | $2.0B | $2.1B | ||
| Q3 24 | $1.9B | $2.1B | ||
| Q2 24 | $2.0B | $2.0B |
总资产LEVIRUSHA
| Q1 26 | — | $4.4B | ||
| Q4 25 | $6.8B | $4.4B | ||
| Q3 25 | $6.7B | $4.6B | ||
| Q2 25 | $6.5B | $4.7B | ||
| Q1 25 | $6.2B | $4.7B | ||
| Q4 24 | $6.4B | $4.6B | ||
| Q3 24 | $6.3B | $4.6B | ||
| Q2 24 | $6.2B | $4.5B |
负债/权益比LEVIRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.46× | 0.12× | ||
| Q3 25 | 0.48× | — | ||
| Q2 25 | 0.49× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.50× | 0.19× | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.51× | — |
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 | $266.8M | — |
| 自由现金流经营现金流 - 资本支出 | $215.7M | $448.2M |
| 自由现金流率自由现金流/营收 | 12.2% | 25.3% |
| 资本支出强度资本支出/营收 | 2.9% | 3.3% |
| 现金转化率经营现金流/净利润 | 1.69× | — |
| 过去12个月自由现金流最近4个季度 | $308.2M | $865.0M |
8季度趋势，按日历期对齐
经营现金流LEVIRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $266.8M | $112.9M | ||
| Q3 25 | $24.8M | $367.8M | ||
| Q2 25 | $185.5M | $227.6M | ||
| Q1 25 | $52.5M | $153.5M | ||
| Q4 24 | $297.3M | $392.3M | ||
| Q3 24 | $52.3M | $111.7M | ||
| Q2 24 | $262.8M | $270.6M |
自由现金流LEVIRUSHA
| Q1 26 | — | $448.2M | ||
| Q4 25 | $215.7M | $31.9M | ||
| Q3 25 | $-39.4M | $271.2M | ||
| Q2 25 | $146.0M | $113.8M | ||
| Q1 25 | $-14.1M | $45.1M | ||
| Q4 24 | $231.6M | $263.5M | ||
| Q3 24 | $2.3M | $-20.0M | ||
| Q2 24 | $222.6M | $177.2M |
自由现金流率LEVIRUSHA
| Q1 26 | — | 25.3% | ||
| Q4 25 | 12.2% | 1.9% | ||
| Q3 25 | -2.6% | 15.2% | ||
| Q2 25 | 10.1% | 6.2% | ||
| Q1 25 | -0.9% | 2.6% | ||
| Q4 24 | 12.6% | 13.7% | ||
| Q3 24 | 0.2% | -1.1% | ||
| Q2 24 | 15.4% | 9.1% |
资本支出强度LEVIRUSHA
| Q1 26 | — | 3.3% | ||
| Q4 25 | 2.9% | 4.8% | ||
| Q3 25 | 4.2% | 5.4% | ||
| Q2 25 | 2.7% | 6.2% | ||
| Q1 25 | 4.4% | 6.2% | ||
| Q4 24 | 3.6% | 6.7% | ||
| Q3 24 | 3.3% | 7.3% | ||
| Q2 24 | 2.8% | 4.8% |
现金转化率LEVIRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 1.69× | 1.75× | ||
| Q3 25 | 0.11× | 5.51× | ||
| Q2 25 | 2.77× | 3.14× | ||
| Q1 25 | 0.39× | 2.55× | ||
| Q4 24 | 1.63× | 5.25× | ||
| Q3 24 | 2.53× | 1.41× | ||
| Q2 24 | 14.60× | 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
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
RUSHA
| New and used commercial vehicle sales | $1.0B | 59% |
| Parts and service sales | $625.2M | 35% |
| Lease and rental | $92.9M | 5% |
| Finance and insurance | $4.8M | 0% |
