vs
Old Dominion（ODFL）与登士柏西诺德（XRAY）财务数据对比。点击上方公司名可切换其他公司
Old Dominion的季度营收约是登士柏西诺德的1.4倍（$1.3B vs $961.0M），Old Dominion净利率更高（17.6% vs -15.2%，领先32.7%），登士柏西诺德同比增速更快（6.2% vs -5.7%），Old Dominion自由现金流更多（$264.5M vs $60.0M），过去两年登士柏西诺德的营收复合增速更高（0.4% vs -5.4%）
Old Dominion Freight Line（简称ODFL）是美国领先的零担货运企业，服务覆盖区域、跨区域及全国范围。除核心零担货运业务外，公司还提供加急运输、综合物流及家庭搬家服务，拥有成熟的运营网络，可满足不同客户的多元运输需求。
登士柏西诺德是美国牙科设备及耗材制造商，业务覆盖全球120多个国家，在21个国家设有生产工厂。该公司前身为1993年Gendex公司以5.9亿美元收购登士柏国际后整合组建的企业，是全球牙科领域的重要供应商。
ODFL vs XRAY — 直观对比
营收规模更大
ODFL
是对方的1.4倍
$961.0M
营收增速更快
XRAY
高出11.9%
-5.7%
净利率更高
ODFL
高出32.7%
-15.2%
自由现金流更多
ODFL
多$204.5M
$60.0M
两年增速更快
XRAY
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $961.0M |
| 净利润 | $229.5M | $-146.0M |
| 毛利率 | — | 46.1% |
| 营业利润率 | 23.3% | -14.5% |
| 净利率 | 17.6% | -15.2% |
| 营收同比 | -5.7% | 6.2% |
| 净利润同比 | -12.8% | 66.0% |
| 每股收益（稀释后） | $1.10 | $-0.74 |
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ODFLXRAY
| Q4 25 | $1.3B | $961.0M | ||
| Q3 25 | $1.4B | $904.0M | ||
| Q2 25 | $1.4B | $936.0M | ||
| Q1 25 | $1.4B | $879.0M | ||
| Q4 24 | $1.4B | $905.0M | ||
| Q3 24 | $1.5B | $951.0M | ||
| Q2 24 | $1.5B | $984.0M | ||
| Q1 24 | $1.5B | $953.0M |
净利润ODFLXRAY
| Q4 25 | $229.5M | $-146.0M | ||
| Q3 25 | $270.9M | $-427.0M | ||
| Q2 25 | $268.6M | $-45.0M | ||
| Q1 25 | $254.7M | $20.0M | ||
| Q4 24 | $263.1M | $-430.0M | ||
| Q3 24 | $308.6M | $-494.0M | ||
| Q2 24 | $322.0M | $-4.0M | ||
| Q1 24 | $292.3M | $18.0M |
毛利率ODFLXRAY
| Q4 25 | — | 46.1% | ||
| Q3 25 | — | 48.8% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | 53.0% | ||
| Q4 24 | — | 49.3% | ||
| Q3 24 | — | 52.1% | ||
| Q2 24 | — | 51.9% | ||
| Q1 24 | — | 53.1% |
营业利润率ODFLXRAY
| Q4 25 | 23.3% | -14.5% | ||
| Q3 25 | 25.7% | -24.1% | ||
| Q2 25 | 25.4% | -13.7% | ||
| Q1 25 | 24.6% | 7.2% | ||
| Q4 24 | 24.1% | -56.2% | ||
| Q3 24 | 27.3% | -48.6% | ||
| Q2 24 | 28.1% | 5.1% | ||
| Q1 24 | 26.5% | 4.4% |
净利率ODFLXRAY
| Q4 25 | 17.6% | -15.2% | ||
| Q3 25 | 19.3% | -47.2% | ||
| Q2 25 | 19.1% | -4.8% | ||
| Q1 25 | 18.5% | 2.3% | ||
| Q4 24 | 19.0% | -47.5% | ||
| Q3 24 | 21.0% | -51.9% | ||
| Q2 24 | 21.5% | -0.4% | ||
| Q1 24 | 20.0% | 1.9% |
每股收益（稀释后）ODFLXRAY
| Q4 25 | $1.10 | $-0.74 | ||
| Q3 25 | $1.28 | $-2.14 | ||
| Q2 25 | $1.27 | $-0.22 | ||
| Q1 25 | $1.19 | $0.10 | ||
| Q4 24 | $1.23 | $-2.09 | ||
| Q3 24 | $1.43 | $-2.46 | ||
| Q2 24 | $1.48 | $-0.02 | ||
| Q1 24 | $1.34 | $0.09 |
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 | $120.1M | $326.0M |
| 总债务越低越好 | $20.0M | $2.3B |
| 股东权益账面价值 | $4.3B | $1.3B |
| 总资产 | $5.5B | $5.4B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.70× |
8季度趋势，按日历期对齐
现金及短期投资ODFLXRAY
| Q4 25 | $120.1M | $326.0M | ||
| Q3 25 | $46.6M | $363.0M | ||
| Q2 25 | $24.1M | $359.0M | ||
| Q1 25 | $97.2M | $398.0M | ||
| Q4 24 | $108.7M | $272.0M | ||
| Q3 24 | $74.2M | $296.0M | ||
| Q2 24 | $104.6M | $279.0M | ||
| Q1 24 | $581.0M | $291.0M |
总债务ODFLXRAY
| Q4 25 | $20.0M | $2.3B | ||
| Q3 25 | $65.0M | — | ||
| Q2 25 | $150.0M | — | ||
| Q1 25 | $40.0M | — | ||
| Q4 24 | $40.0M | $1.7B | ||
| Q3 24 | $40.0M | — | ||
| Q2 24 | $40.0M | — | ||
| Q1 24 | $60.0M | — |
股东权益ODFLXRAY
| Q4 25 | $4.3B | $1.3B | ||
| Q3 25 | $4.3B | $1.5B | ||
| Q2 25 | $4.2B | $2.0B | ||
| Q1 25 | $4.2B | $2.0B | ||
| Q4 24 | $4.2B | $1.9B | ||
| Q3 24 | $4.2B | $2.5B | ||
| Q2 24 | $4.1B | $3.1B | ||
| Q1 24 | $4.4B | $3.3B |
总资产ODFLXRAY
| Q4 25 | $5.5B | $5.4B | ||
| Q3 25 | $5.5B | $5.7B | ||
| Q2 25 | $5.6B | $6.1B | ||
| Q1 25 | $5.5B | $6.0B | ||
| Q4 24 | $5.5B | $5.8B | ||
| Q3 24 | $5.4B | $6.6B | ||
| Q2 24 | $5.3B | $6.9B | ||
| Q1 24 | $5.7B | $7.1B |
负债/权益比ODFLXRAY
| Q4 25 | 0.00× | 1.70× | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | 0.90× | ||
| Q3 24 | 0.01× | — | ||
| Q2 24 | 0.01× | — | ||
| Q1 24 | 0.01× | — |
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 | $310.3M | $101.0M |
| 自由现金流经营现金流 - 资本支出 | $264.5M | $60.0M |
| 自由现金流率自由现金流/营收 | 20.2% | 6.2% |
| 资本支出强度资本支出/营收 | 3.5% | 4.3% |
| 现金转化率经营现金流/净利润 | 1.35× | — |
| 过去12个月自由现金流最近4个季度 | $955.1M | $104.0M |
8季度趋势，按日历期对齐
经营现金流ODFLXRAY
| Q4 25 | $310.3M | $101.0M | ||
| Q3 25 | $437.5M | $79.0M | ||
| Q2 25 | $285.8M | $48.0M | ||
| Q1 25 | $336.5M | $7.0M | ||
| Q4 24 | $401.1M | $87.0M | ||
| Q3 24 | $446.5M | $141.0M | ||
| Q2 24 | $387.9M | $208.0M | ||
| Q1 24 | $423.9M | $25.0M |
自由现金流ODFLXRAY
| Q4 25 | $264.5M | $60.0M | ||
| Q3 25 | $343.5M | $40.0M | ||
| Q2 25 | $98.7M | $16.0M | ||
| Q1 25 | $248.4M | $-12.0M | ||
| Q4 24 | $230.1M | $36.0M | ||
| Q3 24 | $203.7M | $98.0M | ||
| Q2 24 | $149.7M | $156.0M | ||
| Q1 24 | $304.4M | $-9.0M |
自由现金流率ODFLXRAY
| Q4 25 | 20.2% | 6.2% | ||
| Q3 25 | 24.4% | 4.4% | ||
| Q2 25 | 7.0% | 1.7% | ||
| Q1 25 | 18.1% | -1.4% | ||
| Q4 24 | 16.6% | 4.0% | ||
| Q3 24 | 13.9% | 10.3% | ||
| Q2 24 | 10.0% | 15.9% | ||
| Q1 24 | 20.8% | -0.9% |
资本支出强度ODFLXRAY
| Q4 25 | 3.5% | 4.3% | ||
| Q3 25 | 6.7% | 4.3% | ||
| Q2 25 | 13.3% | 3.4% | ||
| Q1 25 | 6.4% | 2.2% | ||
| Q4 24 | 12.3% | 5.6% | ||
| Q3 24 | 16.5% | 4.5% | ||
| Q2 24 | 15.9% | 5.3% | ||
| Q1 24 | 8.2% | 3.6% |
现金转化率ODFLXRAY
| Q4 25 | 1.35× | — | ||
| Q3 25 | 1.61× | — | ||
| Q2 25 | 1.06× | — | ||
| Q1 25 | 1.32× | 0.35× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.45× | — | ||
| Q2 24 | 1.20× | — | ||
| Q1 24 | 1.45× | 1.39× |
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
ODFL
| LTL Service Revenue | $1.3B | 99% |
| Other Service Revenue | $11.4M | 1% |
XRAY
| Essential Dental Solutions | $372.0M | 39% |
| Equipment And Instruments | $160.0M | 17% |
| Implants And Prosthetics | $150.0M | 16% |
| CADCAM | $139.0M | 14% |
| Wellspect Healthcare | $88.0M | 9% |
| Orthodontics | $52.0M | 5% |
