vs
Opendoor Technologies Inc.（OPEN）与RXO, Inc.（RXO）财务数据对比。点击上方公司名可切换其他公司
RXO, Inc.的季度营收约是Opendoor Technologies Inc.的2.0倍（$1.5B vs $736.0M），RXO, Inc.净利率更高（-3.1% vs -148.9%，领先145.8%），RXO, Inc.同比增速更快（-11.9% vs -32.1%），Opendoor Technologies Inc.自由现金流更多（$67.0M vs $-9.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% vs -21.1%）
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
OPEN vs RXO — 直观对比
营收规模更大
RXO
是对方的2.0倍
$736.0M
营收增速更快
RXO
高出20.2%
-32.1%
净利率更高
RXO
高出145.8%
-148.9%
自由现金流更多
OPEN
多$76.0M
$-9.0M
两年增速更快
RXO
近两年复合增速
-21.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $736.0M | $1.5B |
| 净利润 | $-1.1B | $-46.0M |
| 毛利率 | 7.7% | — |
| 营业利润率 | -20.4% | -2.9% |
| 净利率 | -148.9% | -3.1% |
| 营收同比 | -32.1% | -11.9% |
| 净利润同比 | -869.9% | -84.0% |
| 每股收益（稀释后） | $-1.42 | $-0.28 |
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OPENRXO
| Q4 25 | $736.0M | $1.5B | ||
| Q3 25 | $915.0M | $1.4B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.4B | $1.0B | ||
| Q2 24 | $1.5B | $930.0M | ||
| Q1 24 | $1.2B | $913.0M |
净利润OPENRXO
| Q4 25 | $-1.1B | $-46.0M | ||
| Q3 25 | $-90.0M | $-14.0M | ||
| Q2 25 | $-29.0M | $-9.0M | ||
| Q1 25 | $-85.0M | $-31.0M | ||
| Q4 24 | $-113.0M | $-25.0M | ||
| Q3 24 | $-78.0M | $-243.0M | ||
| Q2 24 | $-92.0M | $-7.0M | ||
| Q1 24 | $-109.0M | $-15.0M |
毛利率OPENRXO
| Q4 25 | 7.7% | — | ||
| Q3 25 | 7.2% | — | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 7.6% | — | ||
| Q2 24 | 8.5% | — | ||
| Q1 24 | 9.7% | — |
营业利润率OPENRXO
| Q4 25 | -20.4% | -2.9% | ||
| Q3 25 | -7.4% | -0.5% | ||
| Q2 25 | -0.8% | — | ||
| Q1 25 | -4.9% | -2.1% | ||
| Q4 24 | -8.7% | -1.4% | ||
| Q3 24 | -4.9% | -1.9% | ||
| Q2 24 | -4.8% | — | ||
| Q1 24 | -7.4% | -1.3% |
净利率OPENRXO
| Q4 25 | -148.9% | -3.1% | ||
| Q3 25 | -9.8% | -1.0% | ||
| Q2 25 | -1.9% | -0.6% | ||
| Q1 25 | -7.4% | -2.2% | ||
| Q4 24 | -10.4% | -1.5% | ||
| Q3 24 | -5.7% | -23.4% | ||
| Q2 24 | -6.1% | -0.8% | ||
| Q1 24 | -9.2% | -1.6% |
每股收益（稀释后）OPENRXO
| Q4 25 | $-1.42 | $-0.28 | ||
| Q3 25 | $-0.12 | $-0.08 | ||
| Q2 25 | $-0.04 | $-0.05 | ||
| Q1 25 | $-0.12 | $-0.18 | ||
| Q4 24 | $-0.16 | $-0.17 | ||
| Q3 24 | $-0.11 | $-1.81 | ||
| Q2 24 | $-0.13 | $-0.06 | ||
| Q1 24 | $-0.16 | $-0.13 |
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 | $962.0M | $17.0M |
| 总债务越低越好 | — | $387.0M |
| 股东权益账面价值 | $1.0B | $1.5B |
| 总资产 | $2.4B | $3.3B |
| 负债/权益比越低杠杆越低 | — | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资OPENRXO
| Q4 25 | $962.0M | $17.0M | ||
| Q3 25 | $962.0M | $25.0M | ||
| Q2 25 | $789.0M | $18.0M | ||
| Q1 25 | $559.0M | $16.0M | ||
| Q4 24 | $679.0M | $35.0M | ||
| Q3 24 | $837.0M | $55.0M | ||
| Q2 24 | $809.0M | $7.0M | ||
| Q1 24 | $990.0M | $7.0M |
总债务OPENRXO
| Q4 25 | — | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益OPENRXO
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $811.0M | $1.6B | ||
| Q2 25 | $631.0M | $1.6B | ||
| Q1 25 | $645.0M | $1.6B | ||
| Q4 24 | $713.0M | $1.6B | ||
| Q3 24 | $801.0M | $1.7B | ||
| Q2 24 | $845.0M | $579.0M | ||
| Q1 24 | $899.0M | $582.0M |
总资产OPENRXO
| Q4 25 | $2.4B | $3.3B | ||
| Q3 25 | $2.7B | $3.2B | ||
| Q2 25 | $2.9B | $3.2B | ||
| Q1 25 | $3.3B | $3.3B | ||
| Q4 24 | $3.1B | $3.4B | ||
| Q3 24 | $3.4B | $3.4B | ||
| Q2 24 | $3.4B | $1.8B | ||
| Q1 24 | $3.4B | $1.8B |
负债/权益比OPENRXO
| Q4 25 | — | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $70.0M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $67.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | 9.1% | -0.6% |
| 资本支出强度资本支出/营收 | 0.4% | 1.1% |
| 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 | $1.0B | $-8.0M |
8季度趋势，按日历期对齐
经营现金流OPENRXO
| Q4 25 | $70.0M | $7.0M | ||
| Q3 25 | $435.0M | $23.0M | ||
| Q2 25 | $823.0M | $23.0M | ||
| Q1 25 | $-279.0M | $-2.0M | ||
| Q4 24 | $-80.0M | $-7.0M | ||
| Q3 24 | $62.0M | $-7.0M | ||
| Q2 24 | $-399.0M | $-5.0M | ||
| Q1 24 | $-178.0M | $7.0M |
自由现金流OPENRXO
| Q4 25 | $67.0M | $-9.0M | ||
| Q3 25 | $432.0M | $9.0M | ||
| Q2 25 | $821.0M | $9.0M | ||
| Q1 25 | $-283.0M | $-17.0M | ||
| Q4 24 | $-83.0M | $-19.0M | ||
| Q3 24 | $56.0M | $-18.0M | ||
| Q2 24 | $-407.0M | $-16.0M | ||
| Q1 24 | $-186.0M | $-4.0M |
自由现金流率OPENRXO
| Q4 25 | 9.1% | -0.6% | ||
| Q3 25 | 47.2% | 0.6% | ||
| Q2 25 | 52.4% | 0.6% | ||
| Q1 25 | -24.5% | -1.2% | ||
| Q4 24 | -7.7% | -1.1% | ||
| Q3 24 | 4.1% | -1.7% | ||
| Q2 24 | -26.9% | -1.7% | ||
| Q1 24 | -15.7% | -0.4% |
资本支出强度OPENRXO
| Q4 25 | 0.4% | 1.1% | ||
| Q3 25 | 0.3% | 1.0% | ||
| Q2 25 | 0.1% | 1.0% | ||
| Q1 25 | 0.3% | 1.0% | ||
| Q4 24 | 0.3% | 0.7% | ||
| Q3 24 | 0.4% | 1.1% | ||
| Q2 24 | 0.5% | 1.2% | ||
| Q1 24 | 0.7% | 1.2% |
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
OPEN
暂无分部数据
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
