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MERCURY GENERAL CORP（MCY）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
MERCURY GENERAL CORP的季度营收约是RXO, Inc.的1.0倍（$1.5B vs $1.5B），MERCURY GENERAL CORP净利率更高（13.2% vs -3.1%，领先16.3%），MERCURY GENERAL CORP同比增速更快（12.4% vs -11.9%），MERCURY GENERAL CORP自由现金流更多（$273.9M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 9.8%）
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
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。
MCY vs RXO — 直观对比
营收规模更大
MCY
是对方的1.0倍
$1.5B
营收增速更快
MCY
高出24.3%
-11.9%
净利率更高
MCY
高出16.3%
-3.1%
自由现金流更多
MCY
多$282.9M
$-9.0M
两年增速更快
RXO
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.5B |
| 净利润 | $202.5M | $-46.0M |
| 毛利率 | 99.7% | — |
| 营业利润率 | 16.2% | -2.9% |
| 净利率 | 13.2% | -3.1% |
| 营收同比 | 12.4% | -11.9% |
| 净利润同比 | 100.4% | -84.0% |
| 每股收益（稀释后） | $3.66 | $-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MCYRXO
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.6B | $1.4B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $1.3B | $930.0M | ||
| Q1 24 | $1.3B | $913.0M |
净利润MCYRXO
| Q4 25 | $202.5M | $-46.0M | ||
| Q3 25 | $280.4M | $-14.0M | ||
| Q2 25 | $166.5M | $-9.0M | ||
| Q1 25 | $-108.3M | $-31.0M | ||
| Q4 24 | $101.1M | $-25.0M | ||
| Q3 24 | $230.9M | $-243.0M | ||
| Q2 24 | $62.6M | $-7.0M | ||
| Q1 24 | $73.5M | $-15.0M |
毛利率MCYRXO
| Q4 25 | 99.7% | — | ||
| Q3 25 | 99.8% | — | ||
| Q2 25 | 99.8% | — | ||
| Q1 25 | 99.7% | — | ||
| Q4 24 | 99.7% | — | ||
| Q3 24 | 99.8% | — | ||
| Q2 24 | 99.8% | — | ||
| Q1 24 | 99.7% | — |
营业利润率MCYRXO
| Q4 25 | 16.2% | -2.9% | ||
| Q3 25 | 22.1% | -0.5% | ||
| Q2 25 | 14.0% | — | ||
| Q1 25 | -10.2% | -2.1% | ||
| Q4 24 | 9.0% | -1.4% | ||
| Q3 24 | 18.8% | -1.9% | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | 7.0% | -1.3% |
净利率MCYRXO
| Q4 25 | 13.2% | -3.1% | ||
| Q3 25 | 17.7% | -1.0% | ||
| Q2 25 | 11.3% | -0.6% | ||
| Q1 25 | -7.8% | -2.2% | ||
| Q4 24 | 7.4% | -1.5% | ||
| Q3 24 | 15.1% | -23.4% | ||
| Q2 24 | 4.8% | -0.8% | ||
| Q1 24 | 5.8% | -1.6% |
每股收益（稀释后）MCYRXO
| Q4 25 | $3.66 | $-0.28 | ||
| Q3 25 | $5.06 | $-0.08 | ||
| Q2 25 | $3.01 | $-0.05 | ||
| Q1 25 | $-1.96 | $-0.18 | ||
| Q4 24 | $1.82 | $-0.17 | ||
| Q3 24 | $4.17 | $-1.81 | ||
| Q2 24 | $1.13 | $-0.06 | ||
| Q1 24 | $1.33 | $-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 | — | $17.0M |
| 总债务越低越好 | $575.0M | $387.0M |
| 股东权益账面价值 | $2.4B | $1.5B |
| 总资产 | $9.6B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资MCYRXO
| Q4 25 | — | $17.0M | ||
| Q3 25 | — | $25.0M | ||
| Q2 25 | — | $18.0M | ||
| Q1 25 | — | $16.0M | ||
| Q4 24 | — | $35.0M | ||
| Q3 24 | — | $55.0M | ||
| Q2 24 | — | $7.0M | ||
| Q1 24 | — | $7.0M |
总债务MCYRXO
| Q4 25 | $575.0M | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | $575.0M | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益MCYRXO
| Q4 25 | $2.4B | $1.5B | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $2.0B | $1.6B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.9B | $1.6B | ||
| Q3 24 | $1.9B | $1.7B | ||
| Q2 24 | $1.6B | $579.0M | ||
| Q1 24 | $1.6B | $582.0M |
总资产MCYRXO
| Q4 25 | $9.6B | $3.3B | ||
| Q3 25 | $9.4B | $3.2B | ||
| Q2 25 | $9.1B | $3.2B | ||
| Q1 25 | $9.0B | $3.3B | ||
| Q4 24 | $8.3B | $3.4B | ||
| Q3 24 | $8.2B | $3.4B | ||
| Q2 24 | $7.7B | $1.8B | ||
| Q1 24 | $7.4B | $1.8B |
负债/权益比MCYRXO
| Q4 25 | 0.24× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 0.30× | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 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 | $287.9M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $273.9M | $-9.0M |
| 自由现金流率自由现金流/营收 | 17.8% | -0.6% |
| 资本支出强度资本支出/营收 | 0.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.0B | $-8.0M |
8季度趋势，按日历期对齐
经营现金流MCYRXO
| Q4 25 | $287.9M | $7.0M | ||
| Q3 25 | $496.4M | $23.0M | ||
| Q2 25 | $371.6M | $23.0M | ||
| Q1 25 | $-68.7M | $-2.0M | ||
| Q4 24 | $248.3M | $-7.0M | ||
| Q3 24 | $318.1M | $-7.0M | ||
| Q2 24 | $278.0M | $-5.0M | ||
| Q1 24 | $192.6M | $7.0M |
自由现金流MCYRXO
| Q4 25 | $273.9M | $-9.0M | ||
| Q3 25 | $479.5M | $9.0M | ||
| Q2 25 | $357.2M | $9.0M | ||
| Q1 25 | $-81.9M | $-17.0M | ||
| Q4 24 | $236.0M | $-19.0M | ||
| Q3 24 | $306.2M | $-18.0M | ||
| Q2 24 | $266.5M | $-16.0M | ||
| Q1 24 | $182.4M | $-4.0M |
自由现金流率MCYRXO
| Q4 25 | 17.8% | -0.6% | ||
| Q3 25 | 30.3% | 0.6% | ||
| Q2 25 | 24.2% | 0.6% | ||
| Q1 25 | -5.9% | -1.2% | ||
| Q4 24 | 17.3% | -1.1% | ||
| Q3 24 | 20.0% | -1.7% | ||
| Q2 24 | 20.4% | -1.7% | ||
| Q1 24 | 14.3% | -0.4% |
资本支出强度MCYRXO
| Q4 25 | 0.9% | 1.1% | ||
| Q3 25 | 1.1% | 1.0% | ||
| Q2 25 | 1.0% | 1.0% | ||
| Q1 25 | 0.9% | 1.0% | ||
| Q4 24 | 0.9% | 0.7% | ||
| Q3 24 | 0.8% | 1.1% | ||
| Q2 24 | 0.9% | 1.2% | ||
| Q1 24 | 0.8% | 1.2% |
现金转化率MCYRXO
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 2.23× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.46× | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 4.44× | — | ||
| Q1 24 | 2.62× | — |
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
MCY
暂无分部数据
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% |
