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蓝威斯顿（LW）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\的季度营收约是蓝威斯顿的1.1倍（$1.7B vs $1.6B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs 3.5%，领先0.2%），蓝威斯顿同比增速更快（2.9% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $-36.3M），过去两年蓝威斯顿的营收复合增速更高（-1.5% vs -6.8%）
蓝威斯顿控股是美国食品加工企业，为全球规模最大的冷冻薯条、华夫薯条及其他冷冻马铃薯制品的生产商与加工商之一，总部坐落于爱达荷州博伊西市郊的伊格尔市。
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。
LW vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.1倍
$1.6B
营收增速更快
LW
高出11.9%
-9.0%
净利率更高
RUSHA
高出0.2%
3.5%
自由现金流更多
RUSHA
多$447.9M
$-36.3M
两年增速更快
LW
近两年复合增速
-6.8%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.7B |
| 净利润 | $54.0M | $61.7M |
| 毛利率 | 21.2% | 20.4% |
| 营业利润率 | 8.1% | 4.9% |
| 净利率 | 3.5% | 3.7% |
| 营收同比 | 2.9% | -9.0% |
| 净利润同比 | -63.0% | 1.8% |
| 每股收益（稀释后） | $0.39 | $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LWRUSHA
| Q1 26 | $1.6B | $1.7B | ||
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.7B | $1.8B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.6B | $1.9B | ||
| Q3 24 | $1.7B | $1.8B | ||
| Q2 24 | $1.6B | $1.9B |
净利润LWRUSHA
| Q1 26 | $54.0M | $61.7M | ||
| Q4 25 | $62.1M | $64.3M | ||
| Q3 25 | $64.3M | $66.7M | ||
| Q2 25 | $119.9M | $72.4M | ||
| Q1 25 | $146.0M | $60.3M | ||
| Q4 24 | $-36.1M | $74.8M | ||
| Q3 24 | $127.4M | $79.1M | ||
| Q2 24 | $129.6M | $78.7M |
毛利率LWRUSHA
| Q1 26 | 21.2% | 20.4% | ||
| Q4 25 | 20.0% | 20.8% | ||
| Q3 25 | 20.6% | 21.0% | ||
| Q2 25 | 20.4% | 20.7% | ||
| Q1 25 | 27.8% | 20.3% | ||
| Q4 24 | 17.4% | 19.3% | ||
| Q3 24 | 21.5% | 21.0% | ||
| Q2 24 | 24.1% | 20.2% |
营业利润率LWRUSHA
| Q1 26 | 8.1% | 4.9% | ||
| Q4 25 | 8.6% | 5.5% | ||
| Q3 25 | 9.4% | 5.6% | ||
| Q2 25 | 11.1% | 6.0% | ||
| Q1 25 | 16.4% | 5.2% | ||
| Q4 24 | 1.2% | 5.8% | ||
| Q3 24 | 12.8% | 6.7% | ||
| Q2 24 | 13.2% | 6.4% |
净利率LWRUSHA
| Q1 26 | 3.5% | 3.7% | ||
| Q4 25 | 3.8% | 3.8% | ||
| Q3 25 | 3.9% | 3.7% | ||
| Q2 25 | 7.2% | 3.9% | ||
| Q1 25 | 9.6% | 3.4% | ||
| Q4 24 | -2.3% | 3.9% | ||
| Q3 24 | 7.7% | 4.4% | ||
| Q2 24 | 8.0% | 4.1% |
每股收益（稀释后）LWRUSHA
| Q1 26 | $0.39 | $0.77 | ||
| Q4 25 | $0.44 | $0.81 | ||
| Q3 25 | $0.46 | $0.83 | ||
| Q2 25 | $0.84 | $0.90 | ||
| Q1 25 | $1.03 | $0.73 | ||
| Q4 24 | $-0.25 | $-95.13 | ||
| Q3 24 | $0.88 | $0.97 | ||
| Q2 24 | $0.89 | $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 | $57.5M | — |
| 总债务越低越好 | $3.6B | $277.8M |
| 股东权益账面价值 | $1.8B | $2.3B |
| 总资产 | $7.4B | $4.5B |
| 负债/权益比越低杠杆越低 | 1.99× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资LWRUSHA
| Q1 26 | $57.5M | — | ||
| Q4 25 | $82.7M | $212.6M | ||
| Q3 25 | $98.6M | $242.0M | ||
| Q2 25 | $70.7M | $211.1M | ||
| Q1 25 | $67.5M | $228.7M | ||
| Q4 24 | $79.0M | $228.1M | ||
| Q3 24 | $120.8M | $185.1M | ||
| Q2 24 | $71.4M | $167.3M |
总债务LWRUSHA
| Q1 26 | $3.6B | $277.8M | ||
| Q4 25 | $3.6B | $274.8M | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | $408.4M | ||
| Q3 24 | $3.4B | — | ||
| Q2 24 | $3.4B | — |
股东权益LWRUSHA
| Q1 26 | $1.8B | $2.3B | ||
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.7B | $2.2B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.6B | $2.1B | ||
| Q3 24 | $1.8B | $2.1B | ||
| Q2 24 | $1.8B | $2.0B |
总资产LWRUSHA
| Q1 26 | $7.4B | $4.5B | ||
| Q4 25 | $7.3B | $4.4B | ||
| Q3 25 | $7.2B | $4.6B | ||
| Q2 25 | $7.4B | $4.7B | ||
| Q1 25 | $7.4B | $4.7B | ||
| Q4 24 | $7.5B | $4.6B | ||
| Q3 24 | $7.5B | $4.6B | ||
| Q2 24 | $7.4B | $4.5B |
负债/权益比LWRUSHA
| Q1 26 | 1.99× | 0.12× | ||
| Q4 25 | 2.08× | 0.12× | ||
| Q3 25 | 2.05× | — | ||
| Q2 25 | 2.12× | — | ||
| Q1 25 | 2.25× | — | ||
| Q4 24 | 2.26× | 0.19× | ||
| Q3 24 | 1.87× | — | ||
| Q2 24 | 1.92× | — |
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 | $65.2M | — |
| 自由现金流经营现金流 - 资本支出 | $-36.3M | $411.6M |
| 自由现金流率自由现金流/营收 | -2.3% | 24.4% |
| 资本支出强度资本支出/营收 | 6.5% | 2.0% |
| 现金转化率经营现金流/净利润 | 1.21× | — |
| 过去12个月自由现金流最近4个季度 | $569.2M | $828.4M |
8季度趋势，按日历期对齐
经营现金流LWRUSHA
| Q1 26 | $65.2M | — | ||
| Q4 25 | $178.4M | $112.9M | ||
| Q3 25 | $352.0M | $367.8M | ||
| Q2 25 | $868.3M | $227.6M | ||
| Q1 25 | $56.0M | $153.5M | ||
| Q4 24 | $99.1M | $392.3M | ||
| Q3 24 | $330.2M | $111.7M | ||
| Q2 24 | $798.2M | $270.6M |
自由现金流LWRUSHA
| Q1 26 | $-36.3M | $411.6M | ||
| Q4 25 | $101.0M | $31.9M | ||
| Q3 25 | $274.4M | $271.2M | ||
| Q2 25 | $230.1M | $113.8M | ||
| Q1 25 | $-19.8M | $45.1M | ||
| Q4 24 | $-49.6M | $263.5M | ||
| Q3 24 | $4.3M | $-20.0M | ||
| Q2 24 | $-131.3M | $177.2M |
自由现金流率LWRUSHA
| Q1 26 | -2.3% | 24.4% | ||
| Q4 25 | 6.2% | 1.9% | ||
| Q3 25 | 16.5% | 15.2% | ||
| Q2 25 | 13.7% | 6.2% | ||
| Q1 25 | -1.3% | 2.6% | ||
| Q4 24 | -3.1% | 13.7% | ||
| Q3 24 | 0.3% | -1.1% | ||
| Q2 24 | -8.1% | 9.1% |
资本支出强度LWRUSHA
| Q1 26 | 6.5% | 2.0% | ||
| Q4 25 | 4.8% | 4.8% | ||
| Q3 25 | 4.7% | 5.4% | ||
| Q2 25 | 38.1% | 6.2% | ||
| Q1 25 | 5.0% | 6.2% | ||
| Q4 24 | 9.3% | 6.7% | ||
| Q3 24 | 19.7% | 7.3% | ||
| Q2 24 | 57.7% | 4.8% |
现金转化率LWRUSHA
| Q1 26 | 1.21× | — | ||
| Q4 25 | 2.87× | 1.75× | ||
| Q3 25 | 5.47× | 5.51× | ||
| Q2 25 | 7.24× | 3.14× | ||
| Q1 25 | 0.38× | 2.55× | ||
| Q4 24 | — | 5.25× | ||
| Q3 24 | 2.59× | 1.41× | ||
| Q2 24 | 6.16× | 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
LW
| Segments North America | $1.0B | 66% |
| Segments International | $529.8M | 34% |
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% |
