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NEWMARK GROUP, INC.（NMRK）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NEWMARK GROUP, INC.的2.0倍（$1.7B vs $859.5M），NEWMARK GROUP, INC.净利率更高（7.9% vs 3.7%，领先4.2%），NEWMARK GROUP, INC.同比增速更快（18.1% vs -9.0%），NEWMARK GROUP, INC.自由现金流更多（$608.8M vs $411.6M），过去两年NEWMARK GROUP, INC.的营收复合增速更高（38.2% vs -6.8%）
纽马克集团是一家总部位于纽约的全球性商业地产咨询及服务企业，旗下业务以Newmark品牌开展，在纳斯达克全球精选市场上市，股票代码为NMRK，为全球客户提供商业地产领域的多元专业服务。
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。
NMRK vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的2.0倍
$859.5M
营收增速更快
NMRK
高出27.1%
-9.0%
净利率更高
NMRK
高出4.2%
3.7%
自由现金流更多
NMRK
多$197.3M
$411.6M
两年增速更快
NMRK
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $859.5M | $1.7B |
| 净利润 | $68.0M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 14.4% | 4.9% |
| 净利率 | 7.9% | 3.7% |
| 营收同比 | 18.1% | -9.0% |
| 净利润同比 | 49.7% | 1.8% |
| 每股收益（稀释后） | $0.37 | $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NMRKRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $859.5M | $1.7B | ||
| Q3 25 | $715.0M | $1.8B | ||
| Q2 25 | $639.6M | $1.8B | ||
| Q1 25 | $556.2M | $1.8B | ||
| Q4 24 | $727.5M | $1.9B | ||
| Q3 24 | $568.0M | $1.8B | ||
| Q2 24 | $527.3M | $1.9B |
净利润NMRKRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $68.0M | $64.3M | ||
| Q3 25 | $46.2M | $66.7M | ||
| Q2 25 | $20.8M | $72.4M | ||
| Q1 25 | $-8.8M | $60.3M | ||
| Q4 24 | $45.4M | $74.8M | ||
| Q3 24 | $17.8M | $79.1M | ||
| Q2 24 | $14.3M | $78.7M |
毛利率NMRKRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.0% | ||
| Q2 25 | — | 20.7% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 19.3% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 20.2% |
营业利润率NMRKRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 14.4% | 5.5% | ||
| Q3 25 | 11.9% | 5.6% | ||
| Q2 25 | 6.7% | 6.0% | ||
| Q1 25 | -3.1% | 5.2% | ||
| Q4 24 | 14.3% | 5.8% | ||
| Q3 24 | 7.2% | 6.7% | ||
| Q2 24 | 7.7% | 6.4% |
净利率NMRKRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 7.9% | 3.8% | ||
| Q3 25 | 6.5% | 3.7% | ||
| Q2 25 | 3.3% | 3.9% | ||
| Q1 25 | -1.6% | 3.4% | ||
| Q4 24 | 6.2% | 3.9% | ||
| Q3 24 | 3.1% | 4.4% | ||
| Q2 24 | 2.7% | 4.1% |
每股收益（稀释后）NMRKRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.37 | $0.81 | ||
| Q3 25 | $0.25 | $0.83 | ||
| Q2 25 | $0.11 | $0.90 | ||
| Q1 25 | $-0.05 | $0.73 | ||
| Q4 24 | $0.25 | $-95.13 | ||
| Q3 24 | $0.10 | $0.97 | ||
| Q2 24 | $0.08 | $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 | $229.1M | — |
| 总债务越低越好 | $671.7M | $277.8M |
| 股东权益账面价值 | $1.5B | $2.3B |
| 总资产 | $5.0B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.46× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资NMRKRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $229.1M | $212.6M | ||
| Q3 25 | $224.1M | $242.0M | ||
| Q2 25 | $195.8M | $211.1M | ||
| Q1 25 | $157.1M | $228.7M | ||
| Q4 24 | $197.7M | $228.1M | ||
| Q3 24 | $178.6M | $185.1M | ||
| Q2 24 | $176.4M | $167.3M |
总债务NMRKRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $671.7M | $274.8M | ||
| Q3 25 | $746.5M | — | ||
| Q2 25 | $871.2M | — | ||
| Q1 25 | $770.9M | — | ||
| Q4 24 | $670.7M | $408.4M | ||
| Q3 24 | $770.4M | — | ||
| Q2 24 | $745.2M | — |
股东权益NMRKRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.3B | $2.2B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.2B | $2.1B | ||
| Q3 24 | $1.2B | $2.1B | ||
| Q2 24 | $1.2B | $2.0B |
总资产NMRKRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $5.0B | $4.4B | ||
| Q3 25 | $5.5B | $4.6B | ||
| Q2 25 | $5.4B | $4.7B | ||
| Q1 25 | $4.8B | $4.7B | ||
| Q4 24 | $4.7B | $4.6B | ||
| Q3 24 | $5.0B | $4.6B | ||
| Q2 24 | $4.8B | $4.5B |
负债/权益比NMRKRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.46× | 0.12× | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.56× | 0.19× | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.62× | — |
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 | $618.5M | — |
| 自由现金流经营现金流 - 资本支出 | $608.8M | $411.6M |
| 自由现金流率自由现金流/营收 | 70.8% | 24.4% |
| 资本支出强度资本支出/营收 | 1.1% | 2.0% |
| 现金转化率经营现金流/净利润 | 9.10× | — |
| 过去12个月自由现金流最近4个季度 | $142.6M | $828.4M |
8季度趋势，按日历期对齐
经营现金流NMRKRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $618.5M | $112.9M | ||
| Q3 25 | $112.6M | $367.8M | ||
| Q2 25 | $-379.7M | $227.6M | ||
| Q1 25 | $-179.4M | $153.5M | ||
| Q4 24 | $402.6M | $392.3M | ||
| Q3 24 | $-85.2M | $111.7M | ||
| Q2 24 | $-258.5M | $270.6M |
自由现金流NMRKRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $608.8M | $31.9M | ||
| Q3 25 | $104.9M | $271.2M | ||
| Q2 25 | $-386.2M | $113.8M | ||
| Q1 25 | $-184.8M | $45.1M | ||
| Q4 24 | $396.6M | $263.5M | ||
| Q3 24 | $-94.4M | $-20.0M | ||
| Q2 24 | $-267.8M | $177.2M |
自由现金流率NMRKRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 70.8% | 1.9% | ||
| Q3 25 | 14.7% | 15.2% | ||
| Q2 25 | -60.4% | 6.2% | ||
| Q1 25 | -33.2% | 2.6% | ||
| Q4 24 | 54.5% | 13.7% | ||
| Q3 24 | -16.6% | -1.1% | ||
| Q2 24 | -50.8% | 9.1% |
资本支出强度NMRKRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 1.1% | 4.8% | ||
| Q3 25 | 1.1% | 5.4% | ||
| Q2 25 | 1.0% | 6.2% | ||
| Q1 25 | 1.0% | 6.2% | ||
| Q4 24 | 0.8% | 6.7% | ||
| Q3 24 | 1.6% | 7.3% | ||
| Q2 24 | 1.8% | 4.8% |
现金转化率NMRKRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 9.10× | 1.75× | ||
| Q3 25 | 2.44× | 5.51× | ||
| Q2 25 | -18.24× | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | 8.86× | 5.25× | ||
| Q3 24 | -4.79× | 1.41× | ||
| Q2 24 | -18.10× | 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
NMRK
| Management Services | $263.1M | 31% |
| Investment Advice | $200.1M | 23% |
| Mortgage Brokerage And Debt Placement | $83.1M | 10% |
| Servicing Fees And Other | $80.7M | 9% |
| GB | $69.0M | 8% |
| Other Geographical Areas | $63.6M | 7% |
| Servicing | $36.2M | 4% |
| Other | $34.2M | 4% |
| Loan Originations Related Fees And Sales Premiums Net | $29.6M | 3% |
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% |
