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MIDDLEBY Corp（MIDD）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MIDDLEBY Corp的1.9倍（$1.7B vs $866.4M），MIDDLEBY Corp净利率更高（4.3% vs 3.7%，领先0.6%），RUSH ENTERPRISES INC \TX\同比增速更快（-9.0% vs -30.6%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $165.5M），过去两年MIDDLEBY Corp的营收复合增速更高（-3.3% vs -6.8%）
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
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。
MIDD vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.9倍
$866.4M
营收增速更快
RUSHA
高出21.5%
-30.6%
净利率更高
MIDD
高出0.6%
3.7%
自由现金流更多
RUSHA
多$246.0M
$165.5M
两年增速更快
MIDD
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.4M | $1.7B |
| 净利润 | $36.9M | $61.7M |
| 毛利率 | 38.8% | 20.4% |
| 营业利润率 | 17.3% | 4.9% |
| 净利率 | 4.3% | 3.7% |
| 营收同比 | -30.6% | -9.0% |
| 净利润同比 | -67.1% | 1.8% |
| 每股收益（稀释后） | $0.74 | $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MIDDRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $866.4M | $1.7B | ||
| Q3 25 | $982.1M | $1.8B | ||
| Q2 25 | $977.9M | $1.8B | ||
| Q1 25 | $906.6M | $1.8B | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $942.8M | $1.8B | ||
| Q2 24 | $991.5M | $1.9B |
净利润MIDDRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $36.9M | $64.3M | ||
| Q3 25 | $-513.0M | $66.7M | ||
| Q2 25 | $106.0M | $72.4M | ||
| Q1 25 | $92.4M | $60.3M | ||
| Q4 24 | $112.3M | $74.8M | ||
| Q3 24 | $114.2M | $79.1M | ||
| Q2 24 | $115.4M | $78.7M |
毛利率MIDDRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 38.8% | 20.8% | ||
| Q3 25 | 36.8% | 21.0% | ||
| Q2 25 | 38.0% | 20.7% | ||
| Q1 25 | 38.2% | 20.3% | ||
| Q4 24 | 38.4% | 19.3% | ||
| Q3 24 | 37.7% | 21.0% | ||
| Q2 24 | 38.3% | 20.2% |
营业利润率MIDDRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 17.3% | 5.5% | ||
| Q3 25 | -56.4% | 5.6% | ||
| Q2 25 | 15.9% | 6.0% | ||
| Q1 25 | 15.5% | 5.2% | ||
| Q4 24 | 16.8% | 5.8% | ||
| Q3 24 | 18.4% | 6.7% | ||
| Q2 24 | 17.7% | 6.4% |
净利率MIDDRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 4.3% | 3.8% | ||
| Q3 25 | -52.2% | 3.7% | ||
| Q2 25 | 10.8% | 3.9% | ||
| Q1 25 | 10.2% | 3.4% | ||
| Q4 24 | 11.1% | 3.9% | ||
| Q3 24 | 12.1% | 4.4% | ||
| Q2 24 | 11.6% | 4.1% |
每股收益（稀释后）MIDDRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.74 | $0.81 | ||
| Q3 25 | $-10.15 | $0.83 | ||
| Q2 25 | $1.99 | $0.90 | ||
| Q1 25 | $1.69 | $0.73 | ||
| Q4 24 | $2.07 | $-95.13 | ||
| Q3 24 | $2.11 | $0.97 | ||
| Q2 24 | $2.13 | $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 | $222.2M | — |
| 总债务越低越好 | $2.2B | $277.8M |
| 股东权益账面价值 | $2.8B | $2.3B |
| 总资产 | $6.3B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.78× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资MIDDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $222.2M | $212.6M | ||
| Q3 25 | $175.1M | $242.0M | ||
| Q2 25 | $511.5M | $211.1M | ||
| Q1 25 | $745.1M | $228.7M | ||
| Q4 24 | $689.5M | $228.1M | ||
| Q3 24 | $606.0M | $185.1M | ||
| Q2 24 | $459.5M | $167.3M |
总债务MIDDRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $2.2B | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MIDDRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $2.9B | $2.2B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $3.7B | $2.2B | ||
| Q4 24 | $3.6B | $2.1B | ||
| Q3 24 | $3.6B | $2.1B | ||
| Q2 24 | $3.4B | $2.0B |
总资产MIDDRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $6.3B | $4.4B | ||
| Q3 25 | $6.4B | $4.6B | ||
| Q2 25 | $7.3B | $4.7B | ||
| Q1 25 | $7.4B | $4.7B | ||
| Q4 24 | $7.3B | $4.6B | ||
| Q3 24 | $7.2B | $4.6B | ||
| Q2 24 | $7.0B | $4.5B |
负债/权益比MIDDRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.78× | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $411.6M |
| 自由现金流率自由现金流/营收 | 19.1% | 24.4% |
| 资本支出强度资本支出/营收 | 1.5% | 2.0% |
| 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 | $530.1M | $828.4M |
8季度趋势，按日历期对齐
经营现金流MIDDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $112.9M | ||
| Q3 25 | $176.3M | $367.8M | ||
| Q2 25 | $122.0M | $227.6M | ||
| Q1 25 | $141.1M | $153.5M | ||
| Q4 24 | $239.7M | $392.3M | ||
| Q3 24 | $156.7M | $111.7M | ||
| Q2 24 | $149.5M | $270.6M |
自由现金流MIDDRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $165.5M | $31.9M | ||
| Q3 25 | $156.1M | $271.2M | ||
| Q2 25 | $101.1M | $113.8M | ||
| Q1 25 | $107.4M | $45.1M | ||
| Q4 24 | $226.6M | $263.5M | ||
| Q3 24 | $145.2M | $-20.0M | ||
| Q2 24 | $138.6M | $177.2M |
自由现金流率MIDDRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 19.1% | 1.9% | ||
| Q3 25 | 15.9% | 15.2% | ||
| Q2 25 | 10.3% | 6.2% | ||
| Q1 25 | 11.8% | 2.6% | ||
| Q4 24 | 22.3% | 13.7% | ||
| Q3 24 | 15.4% | -1.1% | ||
| Q2 24 | 14.0% | 9.1% |
资本支出强度MIDDRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 1.5% | 4.8% | ||
| Q3 25 | 2.1% | 5.4% | ||
| Q2 25 | 2.1% | 6.2% | ||
| Q1 25 | 3.7% | 6.2% | ||
| Q4 24 | 1.3% | 6.7% | ||
| Q3 24 | 1.2% | 7.3% | ||
| Q2 24 | 1.1% | 4.8% |
现金转化率MIDDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | 1.15× | 3.14× | ||
| Q1 25 | 1.53× | 2.55× | ||
| Q4 24 | 2.13× | 5.25× | ||
| Q3 24 | 1.37× | 1.41× | ||
| Q2 24 | 1.30× | 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
MIDD
暂无分部数据
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% |
