vs
LKQ Corporation（LKQ）与United Rentals（URI）财务数据对比。点击上方公司名可切换其他公司
United Rentals的季度营收约是LKQ Corporation的1.3倍（$4.0B vs $3.0B），United Rentals净利率更高（13.3% vs 2.2%，领先11.2%），United Rentals同比增速更快（7.2% vs -9.2%），United Rentals自由现金流更多（$1.1B vs $274.0M），过去两年United Rentals的营收复合增速更高（114.0% vs -9.3%）
LKQ Corporation是来自美国的汽车及其他车辆替代性、特种零配件供应商，主营业务为各类车辆维修、改装所需的替换系统、组件、设备及零配件销售，服务覆盖乘用车、卡车、休闲车、性能车等多种车型，业务网络遍及北美、欧洲及中国台湾地区。
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
LKQ vs URI — 直观对比
营收规模更大
URI
是对方的1.3倍
$3.0B
营收增速更快
URI
高出16.4%
-9.2%
净利率更高
URI
高出11.2%
2.2%
自由现金流更多
URI
多$780.0M
$274.0M
两年增速更快
URI
近两年复合增速
-9.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $4.0B |
| 净利润 | $66.0M | $531.0M |
| 毛利率 | 37.2% | 36.9% |
| 营业利润率 | 3.9% | 21.8% |
| 净利率 | 2.2% | 13.3% |
| 营收同比 | -9.2% | 7.2% |
| 净利润同比 | -58.0% | 2.5% |
| 每股收益（稀释后） | $0.25 | $8.43 |
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LKQURI
| Q1 26 | — | $4.0B | ||
| Q4 25 | $3.0B | $992.0M | ||
| Q3 25 | $3.5B | $938.0M | ||
| Q2 25 | $3.6B | $872.0M | ||
| Q1 25 | $3.5B | $893.0M | ||
| Q4 24 | $3.4B | $1.0B | ||
| Q3 24 | $3.6B | $874.0M | ||
| Q2 24 | $3.7B | $870.0M |
净利润LKQURI
| Q1 26 | — | $531.0M | ||
| Q4 25 | $66.0M | $653.0M | ||
| Q3 25 | $180.0M | $701.0M | ||
| Q2 25 | $193.0M | $622.0M | ||
| Q1 25 | $169.0M | $518.0M | ||
| Q4 24 | $157.0M | $689.0M | ||
| Q3 24 | $192.0M | $708.0M | ||
| Q2 24 | $186.0M | $636.0M |
毛利率LKQURI
| Q1 26 | — | 36.9% | ||
| Q4 25 | 37.2% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 38.8% | — | ||
| Q1 25 | 39.8% | — | ||
| Q4 24 | 39.5% | — | ||
| Q3 24 | 38.9% | — | ||
| Q2 24 | 38.8% | — |
营业利润率LKQURI
| Q1 26 | — | 21.8% | ||
| Q4 25 | 3.9% | — | ||
| Q3 25 | 7.8% | — | ||
| Q2 25 | 8.6% | — | ||
| Q1 25 | 8.3% | 90.0% | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | 8.9% | — |
净利率LKQURI
| Q1 26 | — | 13.3% | ||
| Q4 25 | 2.2% | 65.8% | ||
| Q3 25 | 5.1% | 74.7% | ||
| Q2 25 | 5.3% | 71.3% | ||
| Q1 25 | 4.9% | 58.0% | ||
| Q4 24 | 4.7% | 67.6% | ||
| Q3 24 | 5.4% | 81.0% | ||
| Q2 24 | 5.0% | 73.1% |
每股收益（稀释后）LKQURI
| Q1 26 | — | $8.43 | ||
| Q4 25 | $0.25 | $10.20 | ||
| Q3 25 | $0.70 | $10.91 | ||
| Q2 25 | $0.75 | $9.59 | ||
| Q1 25 | $0.65 | $7.91 | ||
| Q4 24 | $0.60 | $10.41 | ||
| Q3 24 | $0.73 | $10.70 | ||
| Q2 24 | $0.70 | $9.54 |
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 | $319.0M | $156.0M |
| 总债务越低越好 | — | $13.9B |
| 股东权益账面价值 | $6.5B | $9.0B |
| 总资产 | $15.1B | $29.9B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资LKQURI
| Q1 26 | — | $156.0M | ||
| Q4 25 | $319.0M | $459.0M | ||
| Q3 25 | $289.0M | $512.0M | ||
| Q2 25 | $289.0M | $548.0M | ||
| Q1 25 | $227.0M | $542.0M | ||
| Q4 24 | $234.0M | $457.0M | ||
| Q3 24 | $353.0M | $479.0M | ||
| Q2 24 | $276.0M | $467.0M |
总债务LKQURI
| Q1 26 | — | $13.9B | ||
| Q4 25 | — | $12.7B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | — | $12.2B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.5B |
股东权益LKQURI
| Q1 26 | — | $9.0B | ||
| Q4 25 | $6.5B | $9.0B | ||
| Q3 25 | $6.6B | $9.0B | ||
| Q2 25 | $6.5B | $9.0B | ||
| Q1 25 | $6.2B | $8.8B | ||
| Q4 24 | $6.0B | $8.6B | ||
| Q3 24 | $6.2B | $8.6B | ||
| Q2 24 | $6.1B | $8.3B |
总资产LKQURI
| Q1 26 | — | $29.9B | ||
| Q4 25 | $15.1B | $29.9B | ||
| Q3 25 | $15.6B | $30.1B | ||
| Q2 25 | $15.9B | $29.2B | ||
| Q1 25 | $15.5B | $28.1B | ||
| Q4 24 | $15.0B | $28.2B | ||
| Q3 24 | $15.5B | $28.4B | ||
| Q2 24 | $15.2B | $27.6B |
负债/权益比LKQURI
| Q1 26 | — | 1.55× | ||
| Q4 25 | — | 1.41× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.34× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | — | 1.42× | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | 1.39× |
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 | $330.0M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $274.0M | $1.1B |
| 自由现金流率自由现金流/营收 | 9.0% | 26.4% |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 现金转化率经营现金流/净利润 | 5.00× | 2.85× |
| 过去12个月自由现金流最近4个季度 | $847.0M | — |
8季度趋势，按日历期对齐
经营现金流LKQURI
| Q1 26 | — | $1.5B | ||
| Q4 25 | $330.0M | $1.3B | ||
| Q3 25 | $440.0M | $1.2B | ||
| Q2 25 | $296.0M | $1.3B | ||
| Q1 25 | $-3.0M | $1.4B | ||
| Q4 24 | $235.0M | $1.0B | ||
| Q3 24 | $420.0M | $1.2B | ||
| Q2 24 | $213.0M | $1.3B |
自由现金流LKQURI
| Q1 26 | — | $1.1B | ||
| Q4 25 | $274.0M | — | ||
| Q3 25 | $387.0M | — | ||
| Q2 25 | $243.0M | — | ||
| Q1 25 | $-57.0M | — | ||
| Q4 24 | $149.0M | $471.0M | ||
| Q3 24 | $341.0M | $-168.0M | ||
| Q2 24 | $133.0M | $-263.0M |
自由现金流率LKQURI
| Q1 26 | — | 26.4% | ||
| Q4 25 | 9.0% | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | -1.6% | — | ||
| Q4 24 | 4.4% | 46.2% | ||
| Q3 24 | 9.5% | -19.2% | ||
| Q2 24 | 3.6% | -30.2% |
资本支出强度LKQURI
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 2.6% | 56.6% | ||
| Q3 24 | 2.2% | 157.0% | ||
| Q2 24 | 2.2% | 175.6% |
现金转化率LKQURI
| Q1 26 | — | 2.85× | ||
| Q4 25 | 5.00× | 1.92× | ||
| Q3 25 | 2.44× | 1.68× | ||
| Q2 25 | 1.53× | 2.14× | ||
| Q1 25 | -0.02× | 2.75× | ||
| Q4 24 | 1.50× | 1.52× | ||
| Q3 24 | 2.19× | 1.70× | ||
| Q2 24 | 1.15× | 1.99× |
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
LKQ
| Partsand Services Domain | $1.3B | 42% |
| Other | $1.2B | 40% |
| DE | $463.0M | 15% |
| Other Revenue | $85.0M | 3% |
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
