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梅特勒-托利多（MTD）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\的季度营收约是梅特勒-托利多的1.5倍（$1.7B vs $1.1B），梅特勒-托利多净利率更高（25.3% vs 3.7%，领先21.6%），梅特勒-托利多同比增速更快（8.1% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $184.1M），过去两年梅特勒-托利多的营收复合增速更高（10.5% vs -6.8%）
梅特勒-托利多是全球知名的精密仪器及服务跨国供应商，业务覆盖实验室、工业生产、产品检测、食品零售等应用场景，旗下产品广泛应用于生命科学、食品、化工等众多行业的科研、质量管控及生产制造环节。
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。
MTD vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.5倍
$1.1B
营收增速更快
MTD
高出17.1%
-9.0%
净利率更高
MTD
高出21.6%
3.7%
自由现金流更多
RUSHA
多$227.5M
$184.1M
两年增速更快
MTD
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.7B |
| 净利润 | $285.8M | $61.7M |
| 毛利率 | 59.8% | 20.4% |
| 营业利润率 | 29.1% | 4.9% |
| 净利率 | 25.3% | 3.7% |
| 营收同比 | 8.1% | -9.0% |
| 净利润同比 | 13.3% | 1.8% |
| 每股收益（稀释后） | $13.91 | $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MTDRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.1B | $1.7B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $983.2M | $1.8B | ||
| Q1 25 | $883.7M | $1.8B | ||
| Q4 24 | $1.0B | $1.9B | ||
| Q3 24 | $954.5M | $1.8B | ||
| Q2 24 | $946.8M | $1.9B |
净利润MTDRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $285.8M | $64.3M | ||
| Q3 25 | $217.5M | $66.7M | ||
| Q2 25 | $202.3M | $72.4M | ||
| Q1 25 | $163.6M | $60.3M | ||
| Q4 24 | $252.3M | $74.8M | ||
| Q3 24 | $211.5M | $79.1M | ||
| Q2 24 | $221.8M | $78.7M |
毛利率MTDRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 59.8% | 20.8% | ||
| Q3 25 | 59.2% | 21.0% | ||
| Q2 25 | 59.0% | 20.7% | ||
| Q1 25 | 59.5% | 20.3% | ||
| Q4 24 | 61.2% | 19.3% | ||
| Q3 24 | 60.0% | 21.0% | ||
| Q2 24 | 59.7% | 20.2% |
营业利润率MTDRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 29.1% | 5.5% | ||
| Q3 25 | 26.1% | 5.6% | ||
| Q2 25 | 25.3% | 6.0% | ||
| Q1 25 | 22.9% | 5.2% | ||
| Q4 24 | 30.1% | 5.8% | ||
| Q3 24 | 27.1% | 6.7% | ||
| Q2 24 | 25.7% | 6.4% |
净利率MTDRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 25.3% | 3.8% | ||
| Q3 25 | 21.1% | 3.7% | ||
| Q2 25 | 20.6% | 3.9% | ||
| Q1 25 | 18.5% | 3.4% | ||
| Q4 24 | 24.1% | 3.9% | ||
| Q3 24 | 22.2% | 4.4% | ||
| Q2 24 | 23.4% | 4.1% |
每股收益（稀释后）MTDRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $13.91 | $0.81 | ||
| Q3 25 | $10.57 | $0.83 | ||
| Q2 25 | $9.76 | $0.90 | ||
| Q1 25 | $7.81 | $0.73 | ||
| Q4 24 | $11.91 | $-95.13 | ||
| Q3 24 | $9.96 | $0.97 | ||
| Q2 24 | $10.37 | $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 | — | — |
| 总债务越低越好 | $2.1B | $277.8M |
| 股东权益账面价值 | $-23.6M | $2.3B |
| 总资产 | $3.7B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资MTDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | — | $212.6M | ||
| Q3 25 | $69.1M | $242.0M | ||
| Q2 25 | $61.8M | $211.1M | ||
| Q1 25 | — | $228.7M | ||
| Q4 24 | $59.4M | $228.1M | ||
| Q3 24 | $71.6M | $185.1M | ||
| Q2 24 | $70.8M | $167.3M |
总债务MTDRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $2.1B | $274.8M | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | $408.4M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.7B | — |
股东权益MTDRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $-23.6M | $2.2B | ||
| Q3 25 | $-249.2M | $2.2B | ||
| Q2 25 | $-258.8M | $2.2B | ||
| Q1 25 | $-182.0M | $2.2B | ||
| Q4 24 | $-126.9M | $2.1B | ||
| Q3 24 | $-154.4M | $2.1B | ||
| Q2 24 | $-152.8M | $2.0B |
总资产MTDRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $3.7B | $4.4B | ||
| Q3 25 | $3.5B | $4.6B | ||
| Q2 25 | $3.4B | $4.7B | ||
| Q1 25 | $3.2B | $4.7B | ||
| Q4 24 | $3.2B | $4.6B | ||
| Q3 24 | $3.3B | $4.6B | ||
| Q2 24 | $3.2B | $4.5B |
负债/权益比MTDRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 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 | $225.6M | — |
| 自由现金流经营现金流 - 资本支出 | $184.1M | $411.6M |
| 自由现金流率自由现金流/营收 | 16.3% | 24.4% |
| 资本支出强度资本支出/营收 | 3.7% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.79× | — |
| 过去12个月自由现金流最近4个季度 | $848.6M | $828.4M |
8季度趋势，按日历期对齐
经营现金流MTDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $225.6M | $112.9M | ||
| Q3 25 | $299.4M | $367.8M | ||
| Q2 25 | $236.4M | $227.6M | ||
| Q1 25 | $194.4M | $153.5M | ||
| Q4 24 | $266.2M | $392.3M | ||
| Q3 24 | $254.7M | $111.7M | ||
| Q2 24 | $257.5M | $270.6M |
自由现金流MTDRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $184.1M | $31.9M | ||
| Q3 25 | $274.9M | $271.2M | ||
| Q2 25 | $212.5M | $113.8M | ||
| Q1 25 | $177.2M | $45.1M | ||
| Q4 24 | $224.9M | $263.5M | ||
| Q3 24 | $233.2M | $-20.0M | ||
| Q2 24 | $233.7M | $177.2M |
自由现金流率MTDRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 16.3% | 1.9% | ||
| Q3 25 | 26.7% | 15.2% | ||
| Q2 25 | 21.6% | 6.2% | ||
| Q1 25 | 20.1% | 2.6% | ||
| Q4 24 | 21.5% | 13.7% | ||
| Q3 24 | 24.4% | -1.1% | ||
| Q2 24 | 24.7% | 9.1% |
资本支出强度MTDRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.7% | 4.8% | ||
| Q3 25 | 2.4% | 5.4% | ||
| Q2 25 | 2.4% | 6.2% | ||
| Q1 25 | 2.0% | 6.2% | ||
| Q4 24 | 3.9% | 6.7% | ||
| Q3 24 | 2.2% | 7.3% | ||
| Q2 24 | 2.5% | 4.8% |
现金转化率MTDRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 0.79× | 1.75× | ||
| Q3 25 | 1.38× | 5.51× | ||
| Q2 25 | 1.17× | 3.14× | ||
| Q1 25 | 1.19× | 2.55× | ||
| Q4 24 | 1.06× | 5.25× | ||
| Q3 24 | 1.20× | 1.41× | ||
| Q2 24 | 1.16× | 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
MTD
| Products | $857.0M | 76% |
| Services | $272.8M | 24% |
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% |
