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菲利普莫里斯国际（PM）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的季度营收约是菲利普莫里斯国际的1.3倍（$13.1B vs $10.1B），菲利普莫里斯国际净利率更高（24.0% vs 0.7%，领先23.3%），菲利普莫里斯国际同比增速更快（9.1% vs 1.0%），过去两年RYDER SYSTEM INC的营收复合增速更高（102.9% vs 3.5%）
菲利普莫里斯国际是全球头部烟草企业，产品销往180余个国家和地区，旗下万宝路是全球最知名的烟草品牌，2023年第四季度加热不燃烧产品IQOS贡献了最高营收，位列2025年财富美国500强第121位。
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。
PM vs R — 直观对比
营收规模更大
R
是对方的1.3倍
$10.1B
营收增速更快
PM
高出8.1%
1.0%
净利率更高
PM
高出23.3%
0.7%
两年增速更快
R
近两年复合增速
3.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.1B | $13.1B |
| 净利润 | $2.4B | $93.0M |
| 毛利率 | 68.1% | — |
| 营业利润率 | 38.4% | — |
| 净利率 | 24.0% | 0.7% |
| 营收同比 | 9.1% | 1.0% |
| 净利润同比 | -9.4% | -5.1% |
| 每股收益（稀释后） | $1.56 | $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PMR
| Q1 26 | $10.1B | $13.1B | ||
| Q4 25 | $10.4B | $3.2B | ||
| Q3 25 | $10.8B | $3.2B | ||
| Q2 25 | $10.1B | $3.2B | ||
| Q1 25 | $9.3B | $3.1B | ||
| Q4 24 | $9.7B | $3.2B | ||
| Q3 24 | $9.9B | $3.2B | ||
| Q2 24 | $9.5B | $3.2B |
净利润PMR
| Q1 26 | $2.4B | $93.0M | ||
| Q4 25 | $2.1B | $132.0M | ||
| Q3 25 | $3.5B | $138.0M | ||
| Q2 25 | $3.0B | $131.0M | ||
| Q1 25 | $2.7B | $98.0M | ||
| Q4 24 | $-579.0M | $135.0M | ||
| Q3 24 | $3.1B | $142.0M | ||
| Q2 24 | $2.4B | $127.0M |
毛利率PMR
| Q1 26 | 68.1% | — | ||
| Q4 25 | 65.6% | — | ||
| Q3 25 | 67.8% | — | ||
| Q2 25 | 67.7% | — | ||
| Q1 25 | 67.3% | — | ||
| Q4 24 | 64.7% | — | ||
| Q3 24 | 66.0% | — | ||
| Q2 24 | 64.7% | — |
营业利润率PMR
| Q1 26 | 38.4% | — | ||
| Q4 25 | 32.6% | 5.6% | ||
| Q3 25 | 39.3% | 6.0% | ||
| Q2 25 | 36.6% | 5.8% | ||
| Q1 25 | 38.1% | 4.3% | ||
| Q4 24 | 33.6% | 5.7% | ||
| Q3 24 | 36.9% | 5.9% | ||
| Q2 24 | 36.4% | 5.6% |
净利率PMR
| Q1 26 | 24.0% | 0.7% | ||
| Q4 25 | 20.7% | 4.2% | ||
| Q3 25 | 32.1% | 4.4% | ||
| Q2 25 | 30.0% | 4.1% | ||
| Q1 25 | 28.9% | 3.1% | ||
| Q4 24 | -6.0% | 4.2% | ||
| Q3 24 | 31.1% | 4.5% | ||
| Q2 24 | 25.4% | 4.0% |
每股收益（稀释后）PMR
| Q1 26 | $1.56 | $2.34 | ||
| Q4 25 | $1.36 | $3.22 | ||
| Q3 25 | $2.23 | $3.32 | ||
| Q2 25 | $1.95 | $3.13 | ||
| Q1 25 | $1.72 | $2.27 | ||
| Q4 24 | $-0.37 | $3.09 | ||
| Q3 24 | $1.97 | $3.24 | ||
| Q2 24 | $1.54 | $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 | $5.5B | $182.0M |
| 总债务越低越好 | $49.5B | — |
| 股东权益账面价值 | — | $2.9B |
| 总资产 | $68.9B | — |
| 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PMR
| Q1 26 | $5.5B | $182.0M | ||
| Q4 25 | $4.9B | $198.0M | ||
| Q3 25 | $4.0B | $189.0M | ||
| Q2 25 | $4.1B | $180.0M | ||
| Q1 25 | $4.4B | $151.0M | ||
| Q4 24 | $4.2B | $154.0M | ||
| Q3 24 | $4.3B | $162.0M | ||
| Q2 24 | $4.8B | $164.0M |
总债务PMR
| Q1 26 | $49.5B | — | ||
| Q4 25 | $45.1B | $6.8B | ||
| Q3 25 | $41.9B | $7.3B | ||
| Q2 25 | $42.4B | $7.0B | ||
| Q1 25 | $38.8B | $6.7B | ||
| Q4 24 | $42.2B | $6.7B | ||
| Q3 24 | $44.2B | $6.6B | ||
| Q2 24 | $44.6B | $6.5B |
股东权益PMR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $-10.0B | $3.1B | ||
| Q3 25 | $-10.9B | $3.1B | ||
| Q2 25 | $-12.0B | $3.1B | ||
| Q1 25 | $-10.9B | $3.0B | ||
| Q4 24 | $-11.8B | $3.1B | ||
| Q3 24 | $-9.7B | $3.1B | ||
| Q2 24 | $-9.7B | $3.1B |
总资产PMR
| Q1 26 | $68.9B | — | ||
| Q4 25 | $69.2B | $16.4B | ||
| Q3 25 | $67.1B | $16.5B | ||
| Q2 25 | $68.5B | $16.5B | ||
| Q1 25 | $65.1B | $16.4B | ||
| Q4 24 | $61.8B | $16.7B | ||
| Q3 24 | $66.9B | $16.5B | ||
| Q2 24 | $65.8B | $16.4B |
负债/权益比PMR
| 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 | — | 2.1% |
| 资本支出强度资本支出/营收 | — | 3.3% |
| 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PMR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $4.7B | $749.0M | ||
| Q3 25 | $4.5B | $442.0M | ||
| Q2 25 | $3.4B | $752.0M | ||
| Q1 25 | $-350.0M | $651.0M | ||
| Q4 24 | $4.0B | $558.0M | ||
| Q3 24 | $3.3B | $629.0M | ||
| Q2 24 | $4.6B | $552.0M |
自由现金流PMR
| Q1 26 | — | $273.0M | ||
| Q4 25 | $4.3B | $344.0M | ||
| Q3 25 | $4.1B | $-85.0M | ||
| Q2 25 | $3.1B | $63.0M | ||
| Q1 25 | $-754.0M | $137.0M | ||
| Q4 24 | $3.7B | $-201.0M | ||
| Q3 24 | $3.0B | $30.0M | ||
| Q2 24 | $4.3B | $-87.0M |
自由现金流率PMR
| Q1 26 | — | 2.1% | ||
| Q4 25 | 41.2% | 10.8% | ||
| Q3 25 | 37.8% | -2.7% | ||
| Q2 25 | 30.1% | 2.0% | ||
| Q1 25 | -8.1% | 4.4% | ||
| Q4 24 | 38.4% | -6.3% | ||
| Q3 24 | 29.9% | 0.9% | ||
| Q2 24 | 45.0% | -2.7% |
资本支出强度PMR
| Q1 26 | — | 3.3% | ||
| Q4 25 | 4.3% | 12.8% | ||
| Q3 25 | 3.4% | 16.6% | ||
| Q2 25 | 3.5% | 21.6% | ||
| Q1 25 | 4.3% | 16.4% | ||
| Q4 24 | 2.9% | 23.8% | ||
| Q3 24 | 3.8% | 18.9% | ||
| Q2 24 | 3.9% | 20.1% |
现金转化率PMR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 2.20× | 5.67× | ||
| Q3 25 | 1.28× | 3.20× | ||
| Q2 25 | 1.12× | 5.74× | ||
| Q1 25 | -0.13× | 6.64× | ||
| Q4 24 | — | 4.13× | ||
| Q3 24 | 1.08× | 4.43× | ||
| Q2 24 | 1.93× | 4.35× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
