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蓝威斯顿（LW）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
蓝威斯顿的季度营收约是RXO, Inc.的1.1倍（$1.6B vs $1.5B），蓝威斯顿净利率更高（3.5% vs -3.1%，领先6.6%），蓝威斯顿同比增速更快（2.9% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-36.3M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -1.5%）
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。
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。
LW vs RXO — 直观对比
营收规模更大
LW
是对方的1.1倍
$1.5B
营收增速更快
LW
高出14.8%
-11.9%
净利率更高
LW
高出6.6%
-3.1%
自由现金流更多
RXO
多$27.3M
$-36.3M
两年增速更快
RXO
近两年复合增速
-1.5%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.5B |
| 净利润 | $54.0M | $-46.0M |
| 毛利率 | 21.2% | — |
| 营业利润率 | 8.1% | -2.9% |
| 净利率 | 3.5% | -3.1% |
| 营收同比 | 2.9% | -11.9% |
| 净利润同比 | -63.0% | -84.0% |
| 每股收益（稀释后） | $0.39 | $-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LWRXO
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $1.5B | ||
| Q3 25 | $1.7B | $1.4B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.5B | $1.4B | ||
| Q4 24 | $1.6B | $1.7B | ||
| Q3 24 | $1.7B | $1.0B | ||
| Q2 24 | $1.6B | $930.0M |
净利润LWRXO
| Q1 26 | $54.0M | — | ||
| Q4 25 | $62.1M | $-46.0M | ||
| Q3 25 | $64.3M | $-14.0M | ||
| Q2 25 | $119.9M | $-9.0M | ||
| Q1 25 | $146.0M | $-31.0M | ||
| Q4 24 | $-36.1M | $-25.0M | ||
| Q3 24 | $127.4M | $-243.0M | ||
| Q2 24 | $129.6M | $-7.0M |
毛利率LWRXO
| Q1 26 | 21.2% | — | ||
| Q4 25 | 20.0% | — | ||
| Q3 25 | 20.6% | — | ||
| Q2 25 | 20.4% | — | ||
| Q1 25 | 27.8% | — | ||
| Q4 24 | 17.4% | — | ||
| Q3 24 | 21.5% | — | ||
| Q2 24 | 24.1% | — |
营业利润率LWRXO
| Q1 26 | 8.1% | — | ||
| Q4 25 | 8.6% | -2.9% | ||
| Q3 25 | 9.4% | -0.5% | ||
| Q2 25 | 11.1% | — | ||
| Q1 25 | 16.4% | -2.1% | ||
| Q4 24 | 1.2% | -1.4% | ||
| Q3 24 | 12.8% | -1.9% | ||
| Q2 24 | 13.2% | — |
净利率LWRXO
| Q1 26 | 3.5% | — | ||
| Q4 25 | 3.8% | -3.1% | ||
| Q3 25 | 3.9% | -1.0% | ||
| Q2 25 | 7.2% | -0.6% | ||
| Q1 25 | 9.6% | -2.2% | ||
| Q4 24 | -2.3% | -1.5% | ||
| Q3 24 | 7.7% | -23.4% | ||
| Q2 24 | 8.0% | -0.8% |
每股收益（稀释后）LWRXO
| Q1 26 | $0.39 | — | ||
| Q4 25 | $0.44 | $-0.28 | ||
| Q3 25 | $0.46 | $-0.08 | ||
| Q2 25 | $0.84 | $-0.05 | ||
| Q1 25 | $1.03 | $-0.18 | ||
| Q4 24 | $-0.25 | $-0.17 | ||
| Q3 24 | $0.88 | $-1.81 | ||
| Q2 24 | $0.89 | $-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 | $57.5M | $17.0M |
| 总债务越低越好 | $3.6B | $387.0M |
| 股东权益账面价值 | $1.8B | $1.5B |
| 总资产 | $7.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.99× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资LWRXO
| Q1 26 | $57.5M | — | ||
| Q4 25 | $82.7M | $17.0M | ||
| Q3 25 | $98.6M | $25.0M | ||
| Q2 25 | $70.7M | $18.0M | ||
| Q1 25 | $67.5M | $16.0M | ||
| Q4 24 | $79.0M | $35.0M | ||
| Q3 24 | $120.8M | $55.0M | ||
| Q2 24 | $71.4M | $7.0M |
总债务LWRXO
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $387.0M | ||
| Q3 25 | $3.7B | $387.0M | ||
| Q2 25 | $3.7B | $387.0M | ||
| Q1 25 | $3.7B | $387.0M | ||
| Q4 24 | $3.7B | $351.0M | ||
| Q3 24 | $3.4B | $352.0M | ||
| Q2 24 | $3.4B | $370.0M |
股东权益LWRXO
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.6B | $1.6B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $1.8B | $579.0M |
总资产LWRXO
| Q1 26 | $7.4B | — | ||
| Q4 25 | $7.3B | $3.3B | ||
| Q3 25 | $7.2B | $3.2B | ||
| Q2 25 | $7.4B | $3.2B | ||
| Q1 25 | $7.4B | $3.3B | ||
| Q4 24 | $7.5B | $3.4B | ||
| Q3 24 | $7.5B | $3.4B | ||
| Q2 24 | $7.4B | $1.8B |
负债/权益比LWRXO
| Q1 26 | 1.99× | — | ||
| Q4 25 | 2.08× | 0.25× | ||
| Q3 25 | 2.05× | 0.24× | ||
| Q2 25 | 2.12× | 0.24× | ||
| Q1 25 | 2.25× | 0.24× | ||
| Q4 24 | 2.26× | 0.22× | ||
| Q3 24 | 1.87× | 0.21× | ||
| Q2 24 | 1.92× | 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 | $65.2M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-36.3M | $-9.0M |
| 自由现金流率自由现金流/营收 | -2.3% | -0.6% |
| 资本支出强度资本支出/营收 | 6.5% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流LWRXO
| Q1 26 | $65.2M | — | ||
| Q4 25 | $178.4M | $7.0M | ||
| Q3 25 | $352.0M | $23.0M | ||
| Q2 25 | $868.3M | $23.0M | ||
| Q1 25 | $56.0M | $-2.0M | ||
| Q4 24 | $99.1M | $-7.0M | ||
| Q3 24 | $330.2M | $-7.0M | ||
| Q2 24 | $798.2M | $-5.0M |
自由现金流LWRXO
| Q1 26 | $-36.3M | — | ||
| Q4 25 | $101.0M | $-9.0M | ||
| Q3 25 | $274.4M | $9.0M | ||
| Q2 25 | $230.1M | $9.0M | ||
| Q1 25 | $-19.8M | $-17.0M | ||
| Q4 24 | $-49.6M | $-19.0M | ||
| Q3 24 | $4.3M | $-18.0M | ||
| Q2 24 | $-131.3M | $-16.0M |
自由现金流率LWRXO
| Q1 26 | -2.3% | — | ||
| Q4 25 | 6.2% | -0.6% | ||
| Q3 25 | 16.5% | 0.6% | ||
| Q2 25 | 13.7% | 0.6% | ||
| Q1 25 | -1.3% | -1.2% | ||
| Q4 24 | -3.1% | -1.1% | ||
| Q3 24 | 0.3% | -1.7% | ||
| Q2 24 | -8.1% | -1.7% |
资本支出强度LWRXO
| Q1 26 | 6.5% | — | ||
| Q4 25 | 4.8% | 1.1% | ||
| Q3 25 | 4.7% | 1.0% | ||
| Q2 25 | 38.1% | 1.0% | ||
| Q1 25 | 5.0% | 1.0% | ||
| Q4 24 | 9.3% | 0.7% | ||
| Q3 24 | 19.7% | 1.1% | ||
| Q2 24 | 57.7% | 1.2% |
现金转化率LWRXO
| Q1 26 | 1.21× | — | ||
| Q4 25 | 2.87× | — | ||
| Q3 25 | 5.47× | — | ||
| Q2 25 | 7.24× | — | ||
| Q1 25 | 0.38× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.59× | — | ||
| Q2 24 | 6.16× | — |
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% |
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% |
