vs
OLD REPUBLIC INTERNATIONAL CORP（ORI）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
RYDER SYSTEM INC的季度营收约是OLD REPUBLIC INTERNATIONAL CORP的1.3倍（$3.1B vs $2.4B），OLD REPUBLIC INTERNATIONAL CORP净利率更高（13.8% vs 3.0%，领先10.8%），OLD REPUBLIC INTERNATIONAL CORP同比增速更快（6.7% vs 1.0%），过去两年OLD REPUBLIC INTERNATIONAL CORP的营收复合增速更高（13.2% vs -0.9%）
Old Republic International Corp是一家总部位于美国伊利诺伊州芝加哥的保险企业，核心业务覆盖财产保险、产权保险两大领域，深耕行业多年，具备成熟的风险防控能力与完善的服务体系，可为各类客户提供专业可靠的保险产品及相关解决方案。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
ORI vs R — 直观对比
营收规模更大
R
是对方的1.3倍
$2.4B
营收增速更快
ORI
高出5.7%
1.0%
净利率更高
ORI
高出10.8%
3.0%
两年增速更快
ORI
近两年复合增速
-0.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $3.1B |
| 净利润 | $330.0M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 13.8% | 3.0% |
| 营收同比 | 6.7% | 1.0% |
| 净利润同比 | -145.5% | -5.1% |
| 每股收益（稀释后） | — | $2.34 |
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ORIR
| Q1 26 | $2.4B | $3.1B | ||
| Q4 25 | $2.4B | $3.2B | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $3.1B | ||
| Q4 24 | $2.0B | $3.2B | ||
| Q3 24 | $2.3B | $3.2B | ||
| Q2 24 | $1.9B | $3.2B |
净利润ORIR
| Q1 26 | $330.0M | $93.0M | ||
| Q4 25 | $206.5M | $132.0M | ||
| Q3 25 | $279.5M | $138.0M | ||
| Q2 25 | $204.4M | $131.0M | ||
| Q1 25 | $245.0M | $98.0M | ||
| Q4 24 | $105.3M | $135.0M | ||
| Q3 24 | $338.9M | $142.0M | ||
| Q2 24 | $91.8M | $127.0M |
营业利润率ORIR
| Q1 26 | — | — | ||
| Q4 25 | — | 5.6% | ||
| Q3 25 | 14.6% | 6.0% | ||
| Q2 25 | 11.8% | 5.8% | ||
| Q1 25 | 14.6% | 4.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 18.2% | 5.9% | ||
| Q2 24 | 6.1% | 5.6% |
净利率ORIR
| Q1 26 | 13.8% | 3.0% | ||
| Q4 25 | 8.6% | 4.2% | ||
| Q3 25 | 11.5% | 4.4% | ||
| Q2 25 | 9.3% | 4.1% | ||
| Q1 25 | 11.6% | 3.1% | ||
| Q4 24 | 5.3% | 4.2% | ||
| Q3 24 | 14.5% | 4.5% | ||
| Q2 24 | 4.9% | 4.0% |
每股收益（稀释后）ORIR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $0.82 | $3.22 | ||
| Q3 25 | $1.11 | $3.32 | ||
| Q2 25 | $0.81 | $3.13 | ||
| Q1 25 | $0.98 | $2.27 | ||
| Q4 24 | $0.42 | $3.09 | ||
| Q3 24 | $1.32 | $3.24 | ||
| Q2 24 | $0.35 | $2.84 |
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 | — | $182.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.9M | $2.9B |
| 总资产 | $29.6M | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ORIR
| Q1 26 | — | $182.0M | ||
| Q4 25 | — | $198.0M | ||
| Q3 25 | — | $189.0M | ||
| Q2 25 | — | $180.0M | ||
| Q1 25 | — | $151.0M | ||
| Q4 24 | — | $154.0M | ||
| Q3 24 | — | $162.0M | ||
| Q2 24 | — | $164.0M |
总债务ORIR
| Q1 26 | — | — | ||
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $7.3B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $6.7B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.6B | ||
| Q2 24 | — | $6.5B |
股东权益ORIR
| Q1 26 | $5.9M | $2.9B | ||
| Q4 25 | $5.9B | $3.1B | ||
| Q3 25 | $6.4B | $3.1B | ||
| Q2 25 | $6.2B | $3.1B | ||
| Q1 25 | $5.9B | $3.0B | ||
| Q4 24 | $5.6B | $3.1B | ||
| Q3 24 | $6.4B | $3.1B | ||
| Q2 24 | $6.0B | $3.1B |
总资产ORIR
| Q1 26 | $29.6M | — | ||
| Q4 25 | $29.9B | $16.4B | ||
| Q3 25 | $30.3B | $16.5B | ||
| Q2 25 | $29.3B | $16.5B | ||
| Q1 25 | $28.0B | $16.4B | ||
| Q4 24 | $27.8B | $16.7B | ||
| Q3 24 | $28.8B | $16.5B | ||
| Q2 24 | $27.5B | $16.4B |
负债/权益比ORIR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.24× | ||
| Q3 25 | — | 2.35× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 2.09× |
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 | — | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | — | 6.27× |
| 过去12个月自由现金流最近4个季度 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流ORIR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $234.9M | $749.0M | ||
| Q3 25 | $563.9M | $442.0M | ||
| Q2 25 | $133.8M | $752.0M | ||
| Q1 25 | $231.7M | $651.0M | ||
| Q4 24 | $361.7M | $558.0M | ||
| Q3 24 | $474.8M | $629.0M | ||
| Q2 24 | $236.5M | $552.0M |
自由现金流ORIR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率ORIR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | — | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度ORIR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | — | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | — | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率ORIR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 1.14× | 5.67× | ||
| Q3 25 | 2.02× | 3.20× | ||
| Q2 25 | 0.65× | 5.74× | ||
| Q1 25 | 0.95× | 6.64× | ||
| Q4 24 | 3.43× | 4.13× | ||
| Q3 24 | 1.40× | 4.43× | ||
| Q2 24 | 2.58× | 4.35× |
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
ORI
| operating | $2.2B | 92% |
| net investment gains | $201.8M | 8% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
