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OPENLANE, Inc.（OPLN）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OPENLANE, Inc.的3.4倍（$1.7B vs $494.3M），OPENLANE, Inc.净利率更高（12.0% vs 3.7%，领先8.4%），OPENLANE, Inc.同比增速更快（8.6% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $110.8M），过去两年OPENLANE, Inc.的营收复合增速更高（7.2% vs -6.8%）
OPENLANE Inc.是全球领先的数字化汽车批发交易平台运营商，连接汽车经销商、车队运营商、金融机构等卖家与专业买家，提供二手车、租赁到期车辆等的透明高效交易服务，业务覆盖北美、欧洲等全球主要市场。
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。
OPLN vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的3.4倍
$494.3M
营收增速更快
OPLN
高出17.6%
-9.0%
净利率更高
OPLN
高出8.4%
3.7%
自由现金流更多
RUSHA
多$300.8M
$110.8M
两年增速更快
OPLN
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $494.3M | $1.7B |
| 净利润 | $59.5M | $61.7M |
| 毛利率 | — | 20.4% |
| 营业利润率 | 8.6% | 4.9% |
| 净利率 | 12.0% | 3.7% |
| 营收同比 | 8.6% | -9.0% |
| 净利润同比 | 13.8% | 1.8% |
| 每股收益（稀释后） | $-1.54 | $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OPLNRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $494.3M | $1.7B | ||
| Q3 25 | $498.4M | $1.8B | ||
| Q2 25 | $481.7M | $1.8B | ||
| Q1 25 | $460.1M | $1.8B | ||
| Q4 24 | $455.0M | $1.9B | ||
| Q3 24 | $459.8M | $1.8B | ||
| Q2 24 | $443.8M | $1.9B |
净利润OPLNRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $59.5M | $64.3M | ||
| Q3 25 | $47.9M | $66.7M | ||
| Q2 25 | $33.4M | $72.4M | ||
| Q1 25 | $36.9M | $60.3M | ||
| Q4 24 | $52.3M | $74.8M | ||
| Q3 24 | $28.4M | $79.1M | ||
| Q2 24 | $10.7M | $78.7M |
毛利率OPLNRUSHA
| 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OPLNRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 8.6% | 5.5% | ||
| Q3 25 | 11.0% | 5.6% | ||
| Q2 25 | 9.8% | 6.0% | ||
| Q1 25 | 11.2% | 5.2% | ||
| Q4 24 | 17.4% | 5.8% | ||
| Q3 24 | 9.2% | 6.7% | ||
| Q2 24 | 5.4% | 6.4% |
净利率OPLNRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 12.0% | 3.8% | ||
| Q3 25 | 9.6% | 3.7% | ||
| Q2 25 | 6.9% | 3.9% | ||
| Q1 25 | 8.0% | 3.4% | ||
| Q4 24 | 11.5% | 3.9% | ||
| Q3 24 | 6.2% | 4.4% | ||
| Q2 24 | 2.4% | 4.1% |
每股收益（稀释后）OPLNRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $-1.54 | $0.81 | ||
| Q3 25 | $0.25 | $0.83 | ||
| Q2 25 | $0.15 | $0.90 | ||
| Q1 25 | $0.18 | $0.73 | ||
| Q4 24 | $0.28 | $-95.13 | ||
| Q3 24 | $0.12 | $0.97 | ||
| Q2 24 | $0.00 | $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 | $141.5M | — |
| 总债务越低越好 | $550.0M | $277.8M |
| 股东权益账面价值 | $1.2B | $2.3B |
| 总资产 | $4.7B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.44× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资OPLNRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $141.5M | $212.6M | ||
| Q3 25 | $119.3M | $242.0M | ||
| Q2 25 | $119.1M | $211.1M | ||
| Q1 25 | $220.5M | $228.7M | ||
| Q4 24 | $143.0M | $228.1M | ||
| Q3 24 | $132.1M | $185.1M | ||
| Q2 24 | $60.9M | $167.3M |
总债务OPLNRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $550.0M | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $230.7M | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益OPLNRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.2B | $2.2B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.3B | $2.1B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.0B |
总资产OPLNRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $4.7B | $4.4B | ||
| Q3 25 | $4.8B | $4.6B | ||
| Q2 25 | $4.6B | $4.7B | ||
| Q1 25 | $4.8B | $4.7B | ||
| Q4 24 | $4.6B | $4.6B | ||
| Q3 24 | $4.6B | $4.6B | ||
| Q2 24 | $4.6B | $4.5B |
负债/权益比OPLNRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.44× | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.17× | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $125.5M | — |
| 自由现金流经营现金流 - 资本支出 | $110.8M | $411.6M |
| 自由现金流率自由现金流/营收 | 22.4% | 24.4% |
| 资本支出强度资本支出/营收 | 3.0% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.11× | — |
| 过去12个月自由现金流最近4个季度 | $336.5M | $828.4M |
8季度趋势，按日历期对齐
经营现金流OPLNRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $125.5M | $112.9M | ||
| Q3 25 | $72.2M | $367.8M | ||
| Q2 25 | $71.6M | $227.6M | ||
| Q1 25 | $122.6M | $153.5M | ||
| Q4 24 | $32.7M | $392.3M | ||
| Q3 24 | $122.4M | $111.7M | ||
| Q2 24 | $37.5M | $270.6M |
自由现金流OPLNRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $110.8M | $31.9M | ||
| Q3 25 | $57.6M | $271.2M | ||
| Q2 25 | $57.4M | $113.8M | ||
| Q1 25 | $110.7M | $45.1M | ||
| Q4 24 | $18.7M | $263.5M | ||
| Q3 24 | $109.3M | $-20.0M | ||
| Q2 24 | $24.5M | $177.2M |
自由现金流率OPLNRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 22.4% | 1.9% | ||
| Q3 25 | 11.6% | 15.2% | ||
| Q2 25 | 11.9% | 6.2% | ||
| Q1 25 | 24.1% | 2.6% | ||
| Q4 24 | 4.1% | 13.7% | ||
| Q3 24 | 23.8% | -1.1% | ||
| Q2 24 | 5.5% | 9.1% |
资本支出强度OPLNRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 3.0% | 4.8% | ||
| Q3 25 | 2.9% | 5.4% | ||
| Q2 25 | 2.9% | 6.2% | ||
| Q1 25 | 2.6% | 6.2% | ||
| Q4 24 | 3.1% | 6.7% | ||
| Q3 24 | 2.8% | 7.3% | ||
| Q2 24 | 2.9% | 4.8% |
现金转化率OPLNRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 2.11× | 1.75× | ||
| Q3 25 | 1.51× | 5.51× | ||
| Q2 25 | 2.14× | 3.14× | ||
| Q1 25 | 3.32× | 2.55× | ||
| Q4 24 | 0.63× | 5.25× | ||
| Q3 24 | 4.31× | 1.41× | ||
| Q2 24 | 3.50× | 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
OPLN
| Marketplace | $384.7M | 78% |
| Finance | $109.6M | 22% |
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% |
