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Public Storage（PSA）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Public Storage的1.2倍（$1.5B vs $1.2B），Public Storage净利率更高（41.7% vs -3.1%，领先44.8%），Public Storage同比增速更快（3.3% vs -11.9%），过去两年RXO, Inc.的营收复合增速更高（26.8% vs 2.5%）
Public Storage总部位于美国加利福尼亚州格伦代尔，是主营自助仓储业务的房地产投资信托，也是美国最大的自助仓储服务品牌，持有美国约9%的自助仓储面积。截至2024年12月31日，公司运营3073处自助仓储设施，总可出租净面积达2.21亿平方英尺。
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。
PSA vs RXO — 直观对比
营收规模更大
RXO
是对方的1.2倍
$1.2B
营收增速更快
PSA
高出15.1%
-11.9%
净利率更高
PSA
高出44.8%
-3.1%
两年增速更快
RXO
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.5B |
| 净利润 | $507.1M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 40.7% | -2.9% |
| 净利率 | 41.7% | -3.1% |
| 营收同比 | 3.3% | -11.9% |
| 净利润同比 | -17.5% | -84.0% |
| 每股收益（稀释后） | $2.59 | $-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PSARXO
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.2B | $1.4B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.0B | ||
| Q2 24 | $1.2B | $930.0M | ||
| Q1 24 | $1.2B | $913.0M |
净利润PSARXO
| Q4 25 | $507.1M | $-46.0M | ||
| Q3 25 | $511.1M | $-14.0M | ||
| Q2 25 | $358.4M | $-9.0M | ||
| Q1 25 | $407.8M | $-31.0M | ||
| Q4 24 | $614.6M | $-25.0M | ||
| Q3 24 | $430.3M | $-243.0M | ||
| Q2 24 | $518.1M | $-7.0M | ||
| Q1 24 | $508.9M | $-15.0M |
营业利润率PSARXO
| Q4 25 | 40.7% | -2.9% | ||
| Q3 25 | 42.3% | -0.5% | ||
| Q2 25 | 30.4% | — | ||
| Q1 25 | 34.8% | -2.1% | ||
| Q4 24 | 52.4% | -1.4% | ||
| Q3 24 | 36.7% | -1.9% | ||
| Q2 24 | 44.6% | — | ||
| Q1 24 | 44.3% | -1.3% |
净利率PSARXO
| Q4 25 | 41.7% | -3.1% | ||
| Q3 25 | 41.8% | -1.0% | ||
| Q2 25 | 29.8% | -0.6% | ||
| Q1 25 | 34.5% | -2.2% | ||
| Q4 24 | 52.2% | -1.5% | ||
| Q3 24 | 36.2% | -23.4% | ||
| Q2 24 | 44.2% | -0.8% | ||
| Q1 24 | 44.0% | -1.6% |
每股收益（稀释后）PSARXO
| Q4 25 | $2.59 | $-0.28 | ||
| Q3 25 | $2.62 | $-0.08 | ||
| Q2 25 | $1.76 | $-0.05 | ||
| Q1 25 | $2.04 | $-0.18 | ||
| Q4 24 | $3.22 | $-0.17 | ||
| Q3 24 | $2.16 | $-1.81 | ||
| Q2 24 | $2.66 | $-0.06 | ||
| Q1 24 | $2.60 | $-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 | $318.1M | $17.0M |
| 总债务越低越好 | $10.3B | $387.0M |
| 股东权益账面价值 | $9.2B | $1.5B |
| 总资产 | $20.2B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资PSARXO
| Q4 25 | $318.1M | $17.0M | ||
| Q3 25 | $296.5M | $25.0M | ||
| Q2 25 | $1.1B | $18.0M | ||
| Q1 25 | $287.2M | $16.0M | ||
| Q4 24 | $447.4M | $35.0M | ||
| Q3 24 | $599.0M | $55.0M | ||
| Q2 24 | $542.3M | $7.0M | ||
| Q1 24 | $271.6M | $7.0M |
总债务PSARXO
| Q4 25 | $10.3B | $387.0M | ||
| Q3 25 | $10.0B | $387.0M | ||
| Q2 25 | $10.4B | $387.0M | ||
| Q1 25 | $9.4B | $387.0M | ||
| Q4 24 | $9.4B | $351.0M | ||
| Q3 24 | $9.5B | $352.0M | ||
| Q2 24 | $9.4B | $370.0M | ||
| Q1 24 | $9.1B | $351.0M |
股东权益PSARXO
| Q4 25 | $9.2B | $1.5B | ||
| Q3 25 | $9.3B | $1.6B | ||
| Q2 25 | $9.4B | $1.6B | ||
| Q1 25 | $9.6B | $1.6B | ||
| Q4 24 | $9.7B | $1.6B | ||
| Q3 24 | $9.6B | $1.7B | ||
| Q2 24 | $9.7B | $579.0M | ||
| Q1 24 | $9.9B | $582.0M |
总资产PSARXO
| Q4 25 | $20.2B | $3.3B | ||
| Q3 25 | $20.1B | $3.2B | ||
| Q2 25 | $20.5B | $3.2B | ||
| Q1 25 | $19.6B | $3.3B | ||
| Q4 24 | $19.8B | $3.4B | ||
| Q3 24 | $19.8B | $3.4B | ||
| Q2 24 | $19.8B | $1.8B | ||
| Q1 24 | $19.6B | $1.8B |
负债/权益比PSARXO
| Q4 25 | 1.11× | 0.25× | ||
| Q3 25 | 1.08× | 0.24× | ||
| Q2 25 | 1.11× | 0.24× | ||
| Q1 25 | 0.99× | 0.24× | ||
| Q4 24 | 0.96× | 0.22× | ||
| Q3 24 | 0.99× | 0.21× | ||
| Q2 24 | 0.97× | 0.64× | ||
| Q1 24 | 0.91× | 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 | $733.6M | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 现金转化率经营现金流/净利润 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流PSARXO
| Q4 25 | $733.6M | $7.0M | ||
| Q3 25 | $875.1M | $23.0M | ||
| Q2 25 | $872.7M | $23.0M | ||
| Q1 25 | $705.1M | $-2.0M | ||
| Q4 24 | $768.6M | $-7.0M | ||
| Q3 24 | $798.8M | $-7.0M | ||
| Q2 24 | $895.3M | $-5.0M | ||
| Q1 24 | $665.6M | $7.0M |
自由现金流PSARXO
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | — | $-16.0M | ||
| Q1 24 | — | $-4.0M |
自由现金流率PSARXO
| Q4 25 | — | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | — | -0.4% |
资本支出强度PSARXO
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.2% |
现金转化率PSARXO
| Q4 25 | 1.45× | — | ||
| Q3 25 | 1.71× | — | ||
| Q2 25 | 2.43× | — | ||
| Q1 25 | 1.73× | — | ||
| Q4 24 | 1.25× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 1.31× | — |
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
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
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% |
