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微芯科技（MCHP）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\的季度营收约是微芯科技的1.4倍（$1.7B vs $1.2B），微芯科技净利率更高（5.3% vs 3.7%，领先1.6%），微芯科技同比增速更快（15.6% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $318.9M），过去两年微芯科技的营收复合增速更高（-5.4% vs -6.8%）
微芯科技（Microchip Technology）是美国知名上市半导体企业，主营微控制器、混合信号芯片、模拟芯片及闪存知识产权（Flash-IP）相关集成电路的研发、生产与销售，产品覆盖工业控制、汽车电子、消费电子、物联网等众多领域，在全球半导体细分市场拥有领先地位。
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。
MCHP vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.4倍
$1.2B
营收增速更快
MCHP
高出24.6%
-9.0%
净利率更高
MCHP
高出1.6%
3.7%
自由现金流更多
RUSHA
多$92.7M
$318.9M
两年增速更快
MCHP
近两年复合增速
-6.8%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.7B |
| 净利润 | $62.7M | $61.7M |
| 毛利率 | 59.6% | 20.4% |
| 营业利润率 | 12.8% | 4.9% |
| 净利率 | 5.3% | 3.7% |
| 营收同比 | 15.6% | -9.0% |
| 净利润同比 | 217.0% | 1.8% |
| 每股收益（稀释后） | $0.06 | $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MCHPRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $970.5M | $1.8B | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.2B | $1.9B |
净利润MCHPRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $62.7M | $64.3M | ||
| Q3 25 | $41.7M | $66.7M | ||
| Q2 25 | $-18.6M | $72.4M | ||
| Q1 25 | $-154.6M | $60.3M | ||
| Q4 24 | $-53.6M | $74.8M | ||
| Q3 24 | $78.4M | $79.1M | ||
| Q2 24 | $129.3M | $78.7M |
毛利率MCHPRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 59.6% | 20.8% | ||
| Q3 25 | 55.9% | 21.0% | ||
| Q2 25 | 53.6% | 20.7% | ||
| Q1 25 | 51.6% | 20.3% | ||
| Q4 24 | 54.7% | 19.3% | ||
| Q3 24 | 57.4% | 21.0% | ||
| Q2 24 | 59.4% | 20.2% |
营业利润率MCHPRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 12.8% | 5.5% | ||
| Q3 25 | 7.8% | 5.6% | ||
| Q2 25 | 3.0% | 6.0% | ||
| Q1 25 | -10.3% | 5.2% | ||
| Q4 24 | 3.0% | 5.8% | ||
| Q3 24 | 12.6% | 6.7% | ||
| Q2 24 | 17.7% | 6.4% |
净利率MCHPRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 5.3% | 3.8% | ||
| Q3 25 | 3.7% | 3.7% | ||
| Q2 25 | -1.7% | 3.9% | ||
| Q1 25 | -15.9% | 3.4% | ||
| Q4 24 | -5.2% | 3.9% | ||
| Q3 24 | 6.7% | 4.4% | ||
| Q2 24 | 10.4% | 4.1% |
每股收益（稀释后）MCHPRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.06 | $0.81 | ||
| Q3 25 | $0.03 | $0.83 | ||
| Q2 25 | $-0.09 | $0.90 | ||
| Q1 25 | $-0.29 | $0.73 | ||
| Q4 24 | $-0.10 | $-95.13 | ||
| Q3 24 | $0.14 | $0.97 | ||
| Q2 24 | $0.24 | $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 | $250.7M | — |
| 总债务越低越好 | $5.4B | $277.8M |
| 股东权益账面价值 | $6.6B | $2.3B |
| 总资产 | $14.3B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.82× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资MCHPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $250.7M | $212.6M | ||
| Q3 25 | $236.8M | $242.0M | ||
| Q2 25 | $566.5M | $211.1M | ||
| Q1 25 | $771.7M | $228.7M | ||
| Q4 24 | $586.0M | $228.1M | ||
| Q3 24 | $286.1M | $185.1M | ||
| Q2 24 | $315.1M | $167.3M |
总债务MCHPRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $5.4B | $274.8M | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.5B | — | ||
| Q1 25 | $5.6B | — | ||
| Q4 24 | $6.7B | $408.4M | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.2B | — |
股东权益MCHPRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $6.6B | $2.2B | ||
| Q3 25 | $6.7B | $2.2B | ||
| Q2 25 | $6.9B | $2.2B | ||
| Q1 25 | $7.1B | $2.2B | ||
| Q4 24 | $6.0B | $2.1B | ||
| Q3 24 | $6.3B | $2.1B | ||
| Q2 24 | $6.4B | $2.0B |
总资产MCHPRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $14.3B | $4.4B | ||
| Q3 25 | $14.5B | $4.6B | ||
| Q2 25 | $15.0B | $4.7B | ||
| Q1 25 | $15.4B | $4.7B | ||
| Q4 24 | $15.6B | $4.6B | ||
| Q3 24 | $15.6B | $4.6B | ||
| Q2 24 | $15.8B | $4.5B |
负债/权益比MCHPRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.82× | 0.12× | ||
| Q3 25 | 0.80× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.80× | — | ||
| Q4 24 | 1.12× | 0.19× | ||
| Q3 24 | 1.02× | — | ||
| Q2 24 | 0.96× | — |
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 | $341.4M | — |
| 自由现金流经营现金流 - 资本支出 | $318.9M | $411.6M |
| 自由现金流率自由现金流/营收 | 26.9% | 24.4% |
| 资本支出强度资本支出/营收 | 1.9% | 2.0% |
| 现金转化率经营现金流/净利润 | 5.44× | — |
| 过去12个月自由现金流最近4个季度 | $819.9M | $828.4M |
8季度趋势，按日历期对齐
经营现金流MCHPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $341.4M | $112.9M | ||
| Q3 25 | $88.1M | $367.8M | ||
| Q2 25 | $275.6M | $227.6M | ||
| Q1 25 | $205.9M | $153.5M | ||
| Q4 24 | $271.5M | $392.3M | ||
| Q3 24 | $43.6M | $111.7M | ||
| Q2 24 | $377.1M | $270.6M |
自由现金流MCHPRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $318.9M | $31.9M | ||
| Q3 25 | $51.6M | $271.2M | ||
| Q2 25 | $257.7M | $113.8M | ||
| Q1 25 | $191.7M | $45.1M | ||
| Q4 24 | $253.4M | $263.5M | ||
| Q3 24 | $22.8M | $-20.0M | ||
| Q2 24 | $304.2M | $177.2M |
自由现金流率MCHPRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 26.9% | 1.9% | ||
| Q3 25 | 4.5% | 15.2% | ||
| Q2 25 | 24.0% | 6.2% | ||
| Q1 25 | 19.8% | 2.6% | ||
| Q4 24 | 24.7% | 13.7% | ||
| Q3 24 | 2.0% | -1.1% | ||
| Q2 24 | 24.5% | 9.1% |
资本支出强度MCHPRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 1.9% | 4.8% | ||
| Q3 25 | 3.2% | 5.4% | ||
| Q2 25 | 1.7% | 6.2% | ||
| Q1 25 | 1.5% | 6.2% | ||
| Q4 24 | 1.8% | 6.7% | ||
| Q3 24 | 1.8% | 7.3% | ||
| Q2 24 | 5.9% | 4.8% |
现金转化率MCHPRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 5.44× | 1.75× | ||
| Q3 25 | 2.11× | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | — | 5.25× | ||
| Q3 24 | 0.56× | 1.41× | ||
| Q2 24 | 2.92× | 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
MCHP
| Mixed Signal Microcontrollers | $586.5M | 49% |
| Analog | $322.9M | 27% |
| Other Product Line | $276.6M | 23% |
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% |
