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Magnera Corp（MAGN）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Magnera Corp的1.9倍（$1.5B vs $792.0M），RXO, Inc.净利率更高（-3.1% vs -4.3%，领先1.2%），Magnera Corp同比增速更快（12.8% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-13.0M），过去两年Magnera Corp的营收复合增速更高（54.9% vs 26.8%）
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。
MAGN vs RXO — 直观对比
营收规模更大
RXO
是对方的1.9倍
$792.0M
营收增速更快
MAGN
高出24.7%
-11.9%
净利率更高
RXO
高出1.2%
-4.3%
自由现金流更多
RXO
多$4.0M
$-13.0M
两年增速更快
MAGN
近两年复合增速
26.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $1.5B |
| 净利润 | $-34.0M | $-46.0M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 1.8% | -2.9% |
| 净利率 | -4.3% | -3.1% |
| 营收同比 | 12.8% | -11.9% |
| 净利润同比 | 43.3% | -84.0% |
| 每股收益（稀释后） | $-0.95 | $-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MAGNRXO
| Q4 25 | $792.0M | $1.5B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $839.0M | $1.4B | ||
| Q1 25 | $824.0M | $1.4B | ||
| Q4 24 | $702.0M | $1.7B | ||
| Q3 24 | $332.1M | $1.0B | ||
| Q2 24 | $556.0M | $930.0M | ||
| Q1 24 | $558.0M | $913.0M |
净利润MAGNRXO
| Q4 25 | $-34.0M | $-46.0M | ||
| Q3 25 | — | $-14.0M | ||
| Q2 25 | $-18.0M | $-9.0M | ||
| Q1 25 | $-41.0M | $-31.0M | ||
| Q4 24 | $-60.0M | $-25.0M | ||
| Q3 24 | $-15.2M | $-243.0M | ||
| Q2 24 | $19.0M | $-7.0M | ||
| Q1 24 | $14.0M | $-15.0M |
毛利率MAGNRXO
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — | ||
| Q1 24 | 6.2% | — |
营业利润率MAGNRXO
| Q4 25 | 1.8% | -2.9% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 0.5% | -2.1% | ||
| Q4 24 | -3.1% | -1.4% | ||
| Q3 24 | 0.9% | -1.9% | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 3.8% | -1.3% |
净利率MAGNRXO
| Q4 25 | -4.3% | -3.1% | ||
| Q3 25 | — | -1.0% | ||
| Q2 25 | -2.1% | -0.6% | ||
| Q1 25 | -5.0% | -2.2% | ||
| Q4 24 | -8.5% | -1.5% | ||
| Q3 24 | -4.6% | -23.4% | ||
| Q2 24 | 3.4% | -0.8% | ||
| Q1 24 | 2.5% | -1.6% |
每股收益（稀释后）MAGNRXO
| Q4 25 | $-0.95 | $-0.28 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | $-0.51 | $-0.05 | ||
| Q1 25 | $-1.15 | $-0.18 | ||
| Q4 24 | $-1.69 | $-0.17 | ||
| Q3 24 | $-0.33 | $-1.81 | ||
| Q2 24 | $0.60 | $-0.06 | ||
| Q1 24 | $0.44 | $-0.13 |
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 | $264.0M | $17.0M |
| 总债务越低越好 | $1.9B | $387.0M |
| 股东权益账面价值 | $1.0B | $1.5B |
| 总资产 | $3.9B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.86× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资MAGNRXO
| Q4 25 | $264.0M | $17.0M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | $276.0M | $18.0M | ||
| Q1 25 | $282.0M | $16.0M | ||
| Q4 24 | $215.0M | $35.0M | ||
| Q3 24 | $230.0M | $55.0M | ||
| Q2 24 | $33.9M | $7.0M | ||
| Q1 24 | $30.2M | $7.0M |
总债务MAGNRXO
| Q4 25 | $1.9B | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | $2.0B | $387.0M | ||
| Q1 25 | $2.0B | $387.0M | ||
| Q4 24 | $2.0B | $351.0M | ||
| Q3 24 | $2.0B | $352.0M | ||
| Q2 24 | $877.4M | $370.0M | ||
| Q1 24 | $884.7M | $351.0M |
股东权益MAGNRXO
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $2.1B | $1.7B | ||
| Q2 24 | $2.4B | $579.0M | ||
| Q1 24 | $2.4B | $582.0M |
总资产MAGNRXO
| Q4 25 | $3.9B | $3.3B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | $4.1B | $3.2B | ||
| Q1 25 | $4.1B | $3.3B | ||
| Q4 24 | $4.0B | $3.4B | ||
| Q3 24 | $2.8B | $3.4B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.5B | $1.8B |
负债/权益比MAGNRXO
| Q4 25 | 1.86× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | 1.77× | 0.24× | ||
| Q1 25 | 1.83× | 0.24× | ||
| Q4 24 | 1.80× | 0.22× | ||
| Q3 24 | 0.91× | 0.21× | ||
| Q2 24 | 0.37× | 0.64× | ||
| Q1 24 | 0.36× | 0.60× |
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 | $2.0M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | -1.6% | -0.6% |
| 资本支出强度资本支出/营收 | 1.9% | 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MAGNRXO
| Q4 25 | $2.0M | $7.0M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | $0 | $23.0M | ||
| Q1 25 | $65.0M | $-2.0M | ||
| Q4 24 | $-58.0M | $-7.0M | ||
| Q3 24 | $12.2M | $-7.0M | ||
| Q2 24 | $38.0M | $-5.0M | ||
| Q1 24 | $20.0M | $7.0M |
自由现金流MAGNRXO
| Q4 25 | $-13.0M | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | $42.0M | $-17.0M | ||
| Q4 24 | $-74.0M | $-19.0M | ||
| Q3 24 | $3.6M | $-18.0M | ||
| Q2 24 | $23.0M | $-16.0M | ||
| Q1 24 | $12.5M | $-4.0M |
自由现金流率MAGNRXO
| Q4 25 | -1.6% | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | 5.1% | -1.2% | ||
| Q4 24 | -10.5% | -1.1% | ||
| Q3 24 | 1.1% | -1.7% | ||
| Q2 24 | 4.1% | -1.7% | ||
| Q1 24 | 2.2% | -0.4% |
资本支出强度MAGNRXO
| Q4 25 | 1.9% | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | 1.5% | 1.0% | ||
| Q1 25 | 2.8% | 1.0% | ||
| Q4 24 | 2.3% | 0.7% | ||
| Q3 24 | 2.6% | 1.1% | ||
| Q2 24 | 2.7% | 1.2% | ||
| Q1 24 | 1.3% | 1.2% |
现金转化率MAGNRXO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 1.43× | — |
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
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
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% |
