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摩根士丹利（MS）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
摩根士丹利的季度营收约是RYDER SYSTEM INC的5.7倍（$17.9B vs $3.1B），摩根士丹利净利率更高（24.6% vs 3.0%，领先21.6%）
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
MS vs R — 直观对比
营收规模更大
MS
是对方的5.7倍
$3.1B
净利率更高
MS
高出21.6%
3.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $17.9B | $3.1B |
| 净利润 | $4.4B | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.2% | — |
| 净利率 | 24.6% | 3.0% |
| 营收同比 | — | 1.0% |
| 净利润同比 | — | -5.1% |
| 每股收益（稀释后） | $2.68 | $2.34 |
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MSR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $17.9B | $3.2B | ||
| Q3 25 | $18.2B | $3.2B | ||
| Q2 25 | $16.8B | $3.2B | ||
| Q1 25 | $17.7B | $3.1B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | $15.4B | $3.2B | ||
| Q2 24 | $15.0B | $3.2B |
净利润MSR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $4.4B | $132.0M | ||
| Q3 25 | $4.6B | $138.0M | ||
| Q2 25 | $3.5B | $131.0M | ||
| Q1 25 | $4.3B | $98.0M | ||
| Q4 24 | — | $135.0M | ||
| Q3 24 | $3.2B | $142.0M | ||
| Q2 24 | $3.1B | $127.0M |
营业利润率MSR
| Q1 26 | — | — | ||
| Q4 25 | 32.2% | 5.6% | ||
| Q3 25 | 33.1% | 6.0% | ||
| Q2 25 | 27.5% | 5.8% | ||
| Q1 25 | 31.3% | 4.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 27.4% | 5.9% | ||
| Q2 24 | 27.1% | 5.6% |
净利率MSR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 24.6% | 4.2% | ||
| Q3 25 | 25.3% | 4.4% | ||
| Q2 25 | 21.1% | 4.1% | ||
| Q1 25 | 24.3% | 3.1% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | 20.7% | 4.5% | ||
| Q2 24 | 20.5% | 4.0% |
每股收益（稀释后）MSR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $2.68 | $3.22 | ||
| Q3 25 | $2.80 | $3.32 | ||
| Q2 25 | $2.13 | $3.13 | ||
| Q1 25 | $2.60 | $2.27 | ||
| Q4 24 | — | $3.09 | ||
| Q3 24 | $1.88 | $3.24 | ||
| Q2 24 | $1.82 | $2.84 |
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 | $111.7B | $182.0M |
| 总债务越低越好 | $341.7B | — |
| 股东权益账面价值 | $111.6B | $2.9B |
| 总资产 | $1420.3B | — |
| 负债/权益比越低杠杆越低 | 3.06× | — |
8季度趋势，按日历期对齐
现金及短期投资MSR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $111.7B | $198.0M | ||
| Q3 25 | $103.7B | $189.0M | ||
| Q2 25 | $109.1B | $180.0M | ||
| Q1 25 | $90.7B | $151.0M | ||
| Q4 24 | — | $154.0M | ||
| Q3 24 | $91.1B | $162.0M | ||
| Q2 24 | $90.2B | $164.0M |
总债务MSR
| Q1 26 | — | — | ||
| Q4 25 | $341.7B | $6.8B | ||
| Q3 25 | $324.1B | $7.3B | ||
| Q2 25 | $320.1B | $7.0B | ||
| Q1 25 | $297.0B | $6.7B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | $291.2B | $6.6B | ||
| Q2 24 | $269.9B | $6.5B |
股东权益MSR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $111.6B | $3.1B | ||
| Q3 25 | $110.0B | $3.1B | ||
| Q2 25 | $108.2B | $3.1B | ||
| Q1 25 | $106.8B | $3.0B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | $103.6B | $3.1B | ||
| Q2 24 | $100.7B | $3.1B |
总资产MSR
| Q1 26 | — | — | ||
| Q4 25 | $1420.3B | $16.4B | ||
| Q3 25 | $1364.8B | $16.5B | ||
| Q2 25 | $1353.9B | $16.5B | ||
| Q1 25 | $1300.3B | $16.4B | ||
| Q4 24 | — | $16.7B | ||
| Q3 24 | $1258.0B | $16.5B | ||
| Q2 24 | $1212.4B | $16.4B |
负债/权益比MSR
| Q1 26 | — | — | ||
| Q4 25 | 3.06× | 2.24× | ||
| Q3 25 | 2.95× | 2.35× | ||
| Q2 25 | 2.96× | 2.27× | ||
| Q1 25 | 2.78× | 2.21× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | 2.81× | 2.17× | ||
| Q2 24 | 2.68× | 2.09× |
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 | $-2.4B | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | -0.55× | 6.27× |
| 过去12个月自由现金流最近4个季度 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流MSR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $-2.4B | $749.0M | ||
| Q3 25 | $-3.3B | $442.0M | ||
| Q2 25 | $11.8B | $752.0M | ||
| Q1 25 | $-24.0B | $651.0M | ||
| Q4 24 | — | $558.0M | ||
| Q3 24 | — | $629.0M | ||
| Q2 24 | — | $552.0M |
自由现金流MSR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率MSR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度MSR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率MSR
| Q1 26 | — | 6.27× | ||
| Q4 25 | -0.55× | 5.67× | ||
| Q3 25 | -0.72× | 3.20× | ||
| Q2 25 | 3.34× | 5.74× | ||
| Q1 25 | -5.56× | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | — | 4.35× |
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
MS
暂无分部数据
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
