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纳斯达克（NDAQ）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
纳斯达克的季度营收约是RUSH ENTERPRISES INC \TX\的1.3倍（$2.1B vs $1.7B），纳斯达克净利率更高（24.3% vs 3.7%，领先20.6%），纳斯达克同比增速更快（2.0% vs -9.0%），过去两年纳斯达克的营收复合增速更高（9.2% vs -6.8%）
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。
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。
NDAQ vs RUSHA — 直观对比
营收规模更大
NDAQ
是对方的1.3倍
$1.7B
营收增速更快
NDAQ
高出11.0%
-9.0%
净利率更高
NDAQ
高出20.6%
3.7%
两年增速更快
NDAQ
近两年复合增速
-6.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.7B |
| 净利润 | $519.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 30.7% | 4.9% |
| 净利率 | 24.3% | 3.7% |
| 营收同比 | 2.0% | -9.0% |
| 净利润同比 | 31.4% | 1.8% |
| 每股收益（稀释后） | $0.91 | $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NDAQRUSHA
| Q1 26 | $2.1B | $1.7B | ||
| Q4 25 | $2.1B | $1.7B | ||
| Q3 25 | $2.0B | $1.8B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.0B | $1.9B | ||
| Q3 24 | $1.9B | $1.8B | ||
| Q2 24 | $1.8B | $1.9B |
净利润NDAQRUSHA
| Q1 26 | $519.0M | $61.7M | ||
| Q4 25 | $518.0M | $64.3M | ||
| Q3 25 | $423.0M | $66.7M | ||
| Q2 25 | $452.0M | $72.4M | ||
| Q1 25 | $395.0M | $60.3M | ||
| Q4 24 | $355.0M | $74.8M | ||
| Q3 24 | $306.0M | $79.1M | ||
| Q2 24 | $222.0M | $78.7M |
毛利率NDAQRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 65.5% | 20.8% | ||
| Q3 25 | 67.2% | 21.0% | ||
| Q2 25 | 62.5% | 20.7% | ||
| Q1 25 | 59.2% | 20.3% | ||
| Q4 24 | 60.4% | 19.3% | ||
| Q3 24 | 60.3% | 21.0% | ||
| Q2 24 | 64.7% | 20.2% |
营业利润率NDAQRUSHA
| Q1 26 | 30.7% | 4.9% | ||
| Q4 25 | 29.7% | 5.5% | ||
| Q3 25 | 29.9% | 5.6% | ||
| Q2 25 | 27.2% | 6.0% | ||
| Q1 25 | 26.2% | 5.2% | ||
| Q4 24 | 25.4% | 5.8% | ||
| Q3 24 | 23.6% | 6.7% | ||
| Q2 24 | 23.6% | 6.4% |
净利率NDAQRUSHA
| Q1 26 | 24.3% | 3.7% | ||
| Q4 25 | 24.4% | 3.8% | ||
| Q3 25 | 21.6% | 3.7% | ||
| Q2 25 | 21.6% | 3.9% | ||
| Q1 25 | 18.9% | 3.4% | ||
| Q4 24 | 17.5% | 3.9% | ||
| Q3 24 | 16.1% | 4.4% | ||
| Q2 24 | 12.4% | 4.1% |
每股收益（稀释后）NDAQRUSHA
| Q1 26 | $0.91 | $0.77 | ||
| Q4 25 | $0.90 | $0.81 | ||
| Q3 25 | $0.73 | $0.83 | ||
| Q2 25 | $0.78 | $0.90 | ||
| Q1 25 | $0.68 | $0.73 | ||
| Q4 24 | $0.62 | $-95.13 | ||
| Q3 24 | $0.53 | $0.97 | ||
| Q2 24 | $0.38 | $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 | $515.0M | — |
| 总债务越低越好 | $9.0B | $277.8M |
| 股东权益账面价值 | $12.0B | $2.3B |
| 总资产 | $27.3B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.74× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资NDAQRUSHA
| Q1 26 | $515.0M | — | ||
| Q4 25 | $604.0M | $212.6M | ||
| Q3 25 | $470.0M | $242.0M | ||
| Q2 25 | $732.0M | $211.1M | ||
| Q1 25 | $690.0M | $228.7M | ||
| Q4 24 | $592.0M | $228.1M | ||
| Q3 24 | $266.0M | $185.1M | ||
| Q2 24 | $416.0M | $167.3M |
总债务NDAQRUSHA
| Q1 26 | $9.0B | $277.8M | ||
| Q4 25 | $8.6B | $274.8M | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.9B | — | ||
| Q4 24 | $9.1B | $408.4M | ||
| Q3 24 | $9.4B | — | ||
| Q2 24 | $9.2B | — |
股东权益NDAQRUSHA
| Q1 26 | $12.0B | $2.3B | ||
| Q4 25 | $12.2B | $2.2B | ||
| Q3 25 | $12.0B | $2.2B | ||
| Q2 25 | $11.8B | $2.2B | ||
| Q1 25 | $11.5B | $2.2B | ||
| Q4 24 | $11.2B | $2.1B | ||
| Q3 24 | $11.1B | $2.1B | ||
| Q2 24 | $10.9B | $2.0B |
总资产NDAQRUSHA
| Q1 26 | $27.3B | $4.5B | ||
| Q4 25 | $31.1B | $4.4B | ||
| Q3 25 | $30.7B | $4.6B | ||
| Q2 25 | $30.4B | $4.7B | ||
| Q1 25 | $30.6B | $4.7B | ||
| Q4 24 | $30.4B | $4.6B | ||
| Q3 24 | $30.6B | $4.6B | ||
| Q2 24 | $30.2B | $4.5B |
负债/权益比NDAQRUSHA
| Q1 26 | 0.74× | 0.12× | ||
| Q4 25 | 0.70× | 0.12× | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.77× | — | ||
| Q4 24 | 0.81× | 0.19× | ||
| Q3 24 | 0.85× | — | ||
| Q2 24 | 0.85× | — |
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 | — | $411.6M |
| 自由现金流率自由现金流/营收 | — | 24.4% |
| 资本支出强度资本支出/营收 | — | 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 | — | $828.4M |
8季度趋势，按日历期对齐
经营现金流NDAQRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $625.0M | $112.9M | ||
| Q3 25 | $221.0M | $367.8M | ||
| Q2 25 | $746.0M | $227.6M | ||
| Q1 25 | $663.0M | $153.5M | ||
| Q4 24 | $705.0M | $392.3M | ||
| Q3 24 | $244.0M | $111.7M | ||
| Q2 24 | $460.0M | $270.6M |
自由现金流NDAQRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $536.0M | $31.9M | ||
| Q3 25 | $152.0M | $271.2M | ||
| Q2 25 | $687.0M | $113.8M | ||
| Q1 25 | $614.0M | $45.1M | ||
| Q4 24 | $645.0M | $263.5M | ||
| Q3 24 | $188.0M | $-20.0M | ||
| Q2 24 | $408.0M | $177.2M |
自由现金流率NDAQRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 25.2% | 1.9% | ||
| Q3 25 | 7.8% | 15.2% | ||
| Q2 25 | 32.9% | 6.2% | ||
| Q1 25 | 29.4% | 2.6% | ||
| Q4 24 | 31.7% | 13.7% | ||
| Q3 24 | 9.9% | -1.1% | ||
| Q2 24 | 22.8% | 9.1% |
资本支出强度NDAQRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 4.2% | 4.8% | ||
| Q3 25 | 3.5% | 5.4% | ||
| Q2 25 | 2.8% | 6.2% | ||
| Q1 25 | 2.3% | 6.2% | ||
| Q4 24 | 3.0% | 6.7% | ||
| Q3 24 | 2.9% | 7.3% | ||
| Q2 24 | 2.9% | 4.8% |
现金转化率NDAQRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 1.21× | 1.75× | ||
| Q3 25 | 0.52× | 5.51× | ||
| Q2 25 | 1.65× | 3.14× | ||
| Q1 25 | 1.68× | 2.55× | ||
| Q4 24 | 1.99× | 5.25× | ||
| Q3 24 | 0.80× | 1.41× | ||
| Q2 24 | 2.07× | 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
NDAQ
| Market Services | $1.0B | 49% |
| Capital Access Platforms | $565.0M | 26% |
| Financial Technology | $517.0M | 24% |
| Other Revenues | $8.0M | 0% |
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% |
