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美光科技（MU）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
美光科技的季度营收约是RYDER SYSTEM INC的7.6倍（$23.9B vs $3.1B），美光科技净利率更高（57.8% vs 3.0%，领先54.8%），美光科技同比增速更快（196.3% vs 1.0%），美光科技自由现金流更多（$5.5B vs $273.0M），过去两年美光科技的营收复合增速更高（87.2% vs -0.9%）
美光科技是总部位于美国爱达荷州博伊西的半导体厂商，专注于计算机内存及数据存储产品的研发生产，核心产品涵盖动态随机存取存储器（DRAM）、闪存、固态硬盘（SSD）等，是全球知名的存储解决方案供应商，产品广泛应用于消费电子、数据中心等诸多领域。
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。
MU vs R — 直观对比
营收规模更大
MU
是对方的7.6倍
$3.1B
营收增速更快
MU
高出195.3%
1.0%
净利率更高
MU
高出54.8%
3.0%
自由现金流更多
MU
多$5.2B
$273.0M
两年增速更快
MU
近两年复合增速
-0.9%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $23.9B | $3.1B |
| 净利润 | $13.8B | $93.0M |
| 毛利率 | 74.4% | — |
| 营业利润率 | 67.6% | — |
| 净利率 | 57.8% | 3.0% |
| 营收同比 | 196.3% | 1.0% |
| 净利润同比 | 770.8% | -5.1% |
| 每股收益（稀释后） | $12.07 | $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MUR
| Q1 26 | $23.9B | $3.1B | ||
| Q4 25 | $13.6B | $3.2B | ||
| Q3 25 | $11.3B | $3.2B | ||
| Q2 25 | $9.3B | $3.2B | ||
| Q1 25 | $8.1B | $3.1B | ||
| Q4 24 | $8.7B | $3.2B | ||
| Q3 24 | $7.8B | $3.2B | ||
| Q2 24 | $6.8B | $3.2B |
净利润MUR
| Q1 26 | $13.8B | $93.0M | ||
| Q4 25 | $5.2B | $132.0M | ||
| Q3 25 | $3.2B | $138.0M | ||
| Q2 25 | $1.9B | $131.0M | ||
| Q1 25 | $1.6B | $98.0M | ||
| Q4 24 | $1.9B | $135.0M | ||
| Q3 24 | — | $142.0M | ||
| Q2 24 | $332.0M | $127.0M |
毛利率MUR
| Q1 26 | 74.4% | — | ||
| Q4 25 | 56.0% | — | ||
| Q3 25 | 44.7% | — | ||
| Q2 25 | 37.7% | — | ||
| Q1 25 | 36.8% | — | ||
| Q4 24 | 38.4% | — | ||
| Q3 24 | 35.3% | — | ||
| Q2 24 | 26.9% | — |
营业利润率MUR
| Q1 26 | 67.6% | — | ||
| Q4 25 | 45.0% | 5.6% | ||
| Q3 25 | 32.3% | 6.0% | ||
| Q2 25 | 23.3% | 5.8% | ||
| Q1 25 | 22.0% | 4.3% | ||
| Q4 24 | 25.0% | 5.7% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | 10.6% | 5.6% |
净利率MUR
| Q1 26 | 57.8% | 3.0% | ||
| Q4 25 | 38.4% | 4.2% | ||
| Q3 25 | 28.3% | 4.4% | ||
| Q2 25 | 20.3% | 4.1% | ||
| Q1 25 | 19.7% | 3.1% | ||
| Q4 24 | 21.5% | 4.2% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | 4.9% | 4.0% |
每股收益（稀释后）MUR
| Q1 26 | $12.07 | $2.34 | ||
| Q4 25 | $4.60 | $3.22 | ||
| Q3 25 | $2.83 | $3.32 | ||
| Q2 25 | $1.68 | $3.13 | ||
| Q1 25 | $1.41 | $2.27 | ||
| Q4 24 | $1.67 | $3.09 | ||
| Q3 24 | — | $3.24 | ||
| Q2 24 | $0.30 | $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 | $13.9B | $182.0M |
| 总债务越低越好 | $9.6B | — |
| 股东权益账面价值 | $72.5B | $2.9B |
| 总资产 | $101.5B | — |
| 负债/权益比越低杠杆越低 | 0.13× | — |
8季度趋势，按日历期对齐
现金及短期投资MUR
| Q1 26 | $13.9B | $182.0M | ||
| Q4 25 | $9.7B | $198.0M | ||
| Q3 25 | $9.6B | $189.0M | ||
| Q2 25 | $10.2B | $180.0M | ||
| Q1 25 | $7.6B | $151.0M | ||
| Q4 24 | $6.7B | $154.0M | ||
| Q3 24 | $7.0B | $162.0M | ||
| Q2 24 | $7.6B | $164.0M |
总债务MUR
| Q1 26 | $9.6B | — | ||
| Q4 25 | $11.2B | $6.8B | ||
| Q3 25 | $14.0B | $7.3B | ||
| Q2 25 | $15.0B | $7.0B | ||
| Q1 25 | $13.9B | $6.7B | ||
| Q4 24 | $13.3B | $6.7B | ||
| Q3 24 | $13.0B | $6.6B | ||
| Q2 24 | $12.9B | $6.5B |
股东权益MUR
| Q1 26 | $72.5B | $2.9B | ||
| Q4 25 | $58.8B | $3.1B | ||
| Q3 25 | $54.2B | $3.1B | ||
| Q2 25 | $50.7B | $3.1B | ||
| Q1 25 | $48.6B | $3.0B | ||
| Q4 24 | $46.8B | $3.1B | ||
| Q3 24 | $45.1B | $3.1B | ||
| Q2 24 | $44.2B | $3.1B |
总资产MUR
| Q1 26 | $101.5B | — | ||
| Q4 25 | $86.0B | $16.4B | ||
| Q3 25 | $82.8B | $16.5B | ||
| Q2 25 | $78.4B | $16.5B | ||
| Q1 25 | $73.1B | $16.4B | ||
| Q4 24 | $71.5B | $16.7B | ||
| Q3 24 | $69.4B | $16.5B | ||
| Q2 24 | $66.3B | $16.4B |
负债/权益比MUR
| Q1 26 | 0.13× | — | ||
| Q4 25 | 0.19× | 2.24× | ||
| Q3 25 | 0.26× | 2.35× | ||
| Q2 25 | 0.30× | 2.27× | ||
| Q1 25 | 0.28× | 2.21× | ||
| Q4 24 | 0.28× | 2.14× | ||
| Q3 24 | 0.29× | 2.17× | ||
| Q2 24 | 0.29× | 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 | $11.9B | $583.0M |
| 自由现金流经营现金流 - 资本支出 | $5.5B | $273.0M |
| 自由现金流率自由现金流/营收 | 23.1% | 8.7% |
| 资本支出强度资本支出/营收 | 26.8% | 13.7% |
| 现金转化率经营现金流/净利润 | 0.86× | 6.27× |
| 过去12个月自由现金流最近4个季度 | $11.9B | $595.0M |
8季度趋势，按日历期对齐
经营现金流MUR
| Q1 26 | $11.9B | $583.0M | ||
| Q4 25 | $8.4B | $749.0M | ||
| Q3 25 | $17.5B | $442.0M | ||
| Q2 25 | $4.6B | $752.0M | ||
| Q1 25 | $3.9B | $651.0M | ||
| Q4 24 | $3.2B | $558.0M | ||
| Q3 24 | $8.5B | $629.0M | ||
| Q2 24 | $2.5B | $552.0M |
自由现金流MUR
| Q1 26 | $5.5B | $273.0M | ||
| Q4 25 | $3.0B | $344.0M | ||
| Q3 25 | $1.7B | $-85.0M | ||
| Q2 25 | $1.7B | $63.0M | ||
| Q1 25 | $-113.0M | $137.0M | ||
| Q4 24 | $38.0M | $-201.0M | ||
| Q3 24 | $121.0M | $30.0M | ||
| Q2 24 | $396.0M | $-87.0M |
自由现金流率MUR
| Q1 26 | 23.1% | 8.7% | ||
| Q4 25 | 22.2% | 10.8% | ||
| Q3 25 | 14.7% | -2.7% | ||
| Q2 25 | 18.0% | 2.0% | ||
| Q1 25 | -1.4% | 4.4% | ||
| Q4 24 | 0.4% | -6.3% | ||
| Q3 24 | 1.6% | 0.9% | ||
| Q2 24 | 5.8% | -2.7% |
资本支出强度MUR
| Q1 26 | 26.8% | 13.7% | ||
| Q4 25 | 39.5% | 12.8% | ||
| Q3 25 | 140.1% | 16.6% | ||
| Q2 25 | 31.6% | 21.6% | ||
| Q1 25 | 50.4% | 16.4% | ||
| Q4 24 | 36.8% | 23.8% | ||
| Q3 24 | 108.2% | 18.9% | ||
| Q2 24 | 30.6% | 20.1% |
现金转化率MUR
| Q1 26 | 0.86× | 6.27× | ||
| Q4 25 | 1.61× | 5.67× | ||
| Q3 25 | 5.47× | 3.20× | ||
| Q2 25 | 2.45× | 5.74× | ||
| Q1 25 | 2.49× | 6.64× | ||
| Q4 24 | 1.73× | 4.13× | ||
| Q3 24 | — | 4.43× | ||
| Q2 24 | 7.48× | 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
MU
| CMBU | $7.7B | 32% |
| MCBU | $7.7B | 32% |
| CDBU | $5.7B | 24% |
| AEBU | $2.7B | 11% |
| Other Product Sales | $95.0M | 0% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
