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纳斯达克（NDAQ）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是纳斯达克的1.3倍（$2.7B vs $2.1B），纳斯达克净利率更高（24.3% vs 5.0%，领先19.3%），豪士科同比增速更快（3.5% vs 2.0%），过去两年纳斯达克的营收复合增速更高（9.2% vs 2.8%）
纳斯达克是美国的证券交易所，市值规模在全球证券交易所中排名第二，也是全球首个完全电子化的股票市场。其总部位于纽约曼哈顿，是美国交易量领先、活跃度最高的股票交易场所之一。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
NDAQ vs OSK — 直观对比
营收规模更大
OSK
是对方的1.3倍
$2.1B
营收增速更快
OSK
高出1.5%
2.0%
净利率更高
NDAQ
高出19.3%
5.0%
两年增速更快
NDAQ
近两年复合增速
2.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.7B |
| 净利润 | $519.0M | $133.8M |
| 毛利率 | — | 15.8% |
| 营业利润率 | 30.7% | 7.9% |
| 净利率 | 24.3% | 5.0% |
| 营收同比 | 2.0% | 3.5% |
| 净利润同比 | 31.4% | -12.6% |
| 每股收益（稀释后） | $0.91 | — |
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NDAQOSK
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $2.1B | $2.7B | ||
| Q1 25 | $2.1B | $2.3B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $1.9B | $2.7B | ||
| Q2 24 | $1.8B | $2.8B |
净利润NDAQOSK
| Q1 26 | $519.0M | — | ||
| Q4 25 | $518.0M | $133.8M | ||
| Q3 25 | $423.0M | $196.2M | ||
| Q2 25 | $452.0M | $204.8M | ||
| Q1 25 | $395.0M | $112.2M | ||
| Q4 24 | $355.0M | $153.1M | ||
| Q3 24 | $306.0M | $180.3M | ||
| Q2 24 | $222.0M | $168.6M |
毛利率NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | 65.5% | 15.8% | ||
| Q3 25 | 67.2% | 17.5% | ||
| Q2 25 | 62.5% | 19.2% | ||
| Q1 25 | 59.2% | 17.3% | ||
| Q4 24 | 60.4% | 17.2% | ||
| Q3 24 | 60.3% | 18.5% | ||
| Q2 24 | 64.7% | 19.2% |
营业利润率NDAQOSK
| Q1 26 | 30.7% | — | ||
| Q4 25 | 29.7% | 7.9% | ||
| Q3 25 | 29.9% | 9.7% | ||
| Q2 25 | 27.2% | 10.7% | ||
| Q1 25 | 26.2% | 7.6% | ||
| Q4 24 | 25.4% | 8.6% | ||
| Q3 24 | 23.6% | 9.7% | ||
| Q2 24 | 23.6% | 9.2% |
净利率NDAQOSK
| Q1 26 | 24.3% | — | ||
| Q4 25 | 24.4% | 5.0% | ||
| Q3 25 | 21.6% | 7.3% | ||
| Q2 25 | 21.6% | 7.5% | ||
| Q1 25 | 18.9% | 4.9% | ||
| Q4 24 | 17.5% | 5.9% | ||
| Q3 24 | 16.1% | 6.6% | ||
| Q2 24 | 12.4% | 5.9% |
每股收益（稀释后）NDAQOSK
| Q1 26 | $0.91 | — | ||
| Q4 25 | $0.90 | — | ||
| Q3 25 | $0.73 | — | ||
| Q2 25 | $0.78 | — | ||
| Q1 25 | $0.68 | — | ||
| Q4 24 | $0.62 | — | ||
| Q3 24 | $0.53 | — | ||
| Q2 24 | $0.38 | — |
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 | $515.0M | $479.8M |
| 总债务越低越好 | $9.0B | — |
| 股东权益账面价值 | $12.0B | $4.5B |
| 总资产 | $27.3B | $10.1B |
| 负债/权益比越低杠杆越低 | 0.74× | — |
8季度趋势，按日历期对齐
现金及短期投资NDAQOSK
| Q1 26 | $515.0M | — | ||
| Q4 25 | $604.0M | $479.8M | ||
| Q3 25 | $470.0M | $211.8M | ||
| Q2 25 | $732.0M | $191.7M | ||
| Q1 25 | $690.0M | $210.3M | ||
| Q4 24 | $592.0M | $204.9M | ||
| Q3 24 | $266.0M | $160.9M | ||
| Q2 24 | $416.0M | $141.4M |
总债务NDAQOSK
| Q1 26 | $9.0B | — | ||
| Q4 25 | $8.6B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $9.1B | — | ||
| Q3 24 | $9.4B | $602.3M | ||
| Q2 24 | $9.2B | $599.1M |
股东权益NDAQOSK
| Q1 26 | $12.0B | — | ||
| Q4 25 | $12.2B | $4.5B | ||
| Q3 25 | $12.0B | $4.5B | ||
| Q2 25 | $11.8B | $4.5B | ||
| Q1 25 | $11.5B | $4.2B | ||
| Q4 24 | $11.2B | $4.2B | ||
| Q3 24 | $11.1B | $4.1B | ||
| Q2 24 | $10.9B | $3.9B |
总资产NDAQOSK
| Q1 26 | $27.3B | — | ||
| Q4 25 | $31.1B | $10.1B | ||
| Q3 25 | $30.7B | $9.8B | ||
| Q2 25 | $30.4B | $10.0B | ||
| Q1 25 | $30.6B | $9.8B | ||
| Q4 24 | $30.4B | $9.4B | ||
| Q3 24 | $30.6B | $9.9B | ||
| Q2 24 | $30.2B | $9.7B |
负债/权益比NDAQOSK
| Q1 26 | 0.74× | — | ||
| Q4 25 | 0.70× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.77× | — | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 0.85× | 0.15× | ||
| Q2 24 | 0.85× | 0.15× |
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 | — | $600.1M |
| 自由现金流经营现金流 - 资本支出 | — | $540.3M |
| 自由现金流率自由现金流/营收 | — | 20.1% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | — | 4.49× |
| 过去12个月自由现金流最近4个季度 | — | $618.0M |
8季度趋势，按日历期对齐
经营现金流NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | $625.0M | $600.1M | ||
| Q3 25 | $221.0M | $489.0M | ||
| Q2 25 | $746.0M | $89.2M | ||
| Q1 25 | $663.0M | $-394.9M | ||
| Q4 24 | $705.0M | $790.8M | ||
| Q3 24 | $244.0M | $326.1M | ||
| Q2 24 | $460.0M | $-211.0M |
自由现金流NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | $536.0M | $540.3M | ||
| Q3 25 | $152.0M | $464.3M | ||
| Q2 25 | $687.0M | $48.6M | ||
| Q1 25 | $614.0M | $-435.2M | ||
| Q4 24 | $645.0M | $703.3M | ||
| Q3 24 | $188.0M | $272.2M | ||
| Q2 24 | $408.0M | $-250.5M |
自由现金流率NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | 25.2% | 20.1% | ||
| Q3 25 | 7.8% | 17.3% | ||
| Q2 25 | 32.9% | 1.8% | ||
| Q1 25 | 29.4% | -18.8% | ||
| Q4 24 | 31.7% | 27.1% | ||
| Q3 24 | 9.9% | 9.9% | ||
| Q2 24 | 22.8% | -8.8% |
资本支出强度NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | 2.2% | ||
| Q3 25 | 3.5% | 0.9% | ||
| Q2 25 | 2.8% | 1.5% | ||
| Q1 25 | 2.3% | 1.7% | ||
| Q4 24 | 3.0% | 3.4% | ||
| Q3 24 | 2.9% | 2.0% | ||
| Q2 24 | 2.9% | 1.4% |
现金转化率NDAQOSK
| Q1 26 | — | — | ||
| Q4 25 | 1.21× | 4.49× | ||
| Q3 25 | 0.52× | 2.49× | ||
| Q2 25 | 1.65× | 0.44× | ||
| Q1 25 | 1.68× | -3.52× | ||
| Q4 24 | 1.99× | 5.17× | ||
| Q3 24 | 0.80× | 1.81× | ||
| Q2 24 | 2.07× | -1.25× |
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
NDAQ
| Market Services | $1.0B | 49% |
| Capital Access Platforms | $565.0M | 26% |
| Financial Technology | $517.0M | 24% |
| Other Revenues | $8.0M | 0% |
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
