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越洋钻探（RIG）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\的季度营收约是越洋钻探的1.6倍（$1.7B vs $1.0B），RUSH ENTERPRISES INC \TX\净利率更高（3.7% vs 2.4%，领先1.3%），越洋钻探同比增速更快（9.6% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $321.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs -6.8%）
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
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。
RIG vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的1.6倍
$1.0B
营收增速更快
RIG
高出18.6%
-9.0%
净利率更高
RUSHA
高出1.3%
2.4%
自由现金流更多
RUSHA
多$90.6M
$321.0M
两年增速更快
RIG
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.7B |
| 净利润 | $25.0M | $61.7M |
| 毛利率 | 42.0% | 20.4% |
| 营业利润率 | 23.0% | 4.9% |
| 净利率 | 2.4% | 3.7% |
| 营收同比 | 9.6% | -9.0% |
| 净利润同比 | 257.1% | 1.8% |
| 每股收益（稀释后） | $0.13 | $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RIGRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $988.0M | $1.8B | ||
| Q1 25 | $906.0M | $1.8B | ||
| Q4 24 | $952.0M | $1.9B | ||
| Q3 24 | $948.0M | $1.8B | ||
| Q2 24 | $861.0M | $1.9B |
净利润RIGRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $25.0M | $64.3M | ||
| Q3 25 | $-1.9B | $66.7M | ||
| Q2 25 | $-938.0M | $72.4M | ||
| Q1 25 | $-79.0M | $60.3M | ||
| Q4 24 | $7.0M | $74.8M | ||
| Q3 24 | $-494.0M | $79.1M | ||
| Q2 24 | $-123.0M | $78.7M |
毛利率RIGRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 42.0% | 20.8% | ||
| Q3 25 | 43.2% | 21.0% | ||
| Q2 25 | 39.4% | 20.7% | ||
| Q1 25 | 31.8% | 20.3% | ||
| Q4 24 | 39.2% | 19.3% | ||
| Q3 24 | 40.6% | 21.0% | ||
| Q2 24 | 38.0% | 20.2% |
营业利润率RIGRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 23.0% | 5.5% | ||
| Q3 25 | -163.1% | 5.6% | ||
| Q2 25 | -97.6% | 6.0% | ||
| Q1 25 | 7.1% | 5.2% | ||
| Q4 24 | 13.7% | 5.8% | ||
| Q3 24 | -51.2% | 6.7% | ||
| Q2 24 | -6.9% | 6.4% |
净利率RIGRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 2.4% | 3.8% | ||
| Q3 25 | -187.1% | 3.7% | ||
| Q2 25 | -94.9% | 3.9% | ||
| Q1 25 | -8.7% | 3.4% | ||
| Q4 24 | 0.7% | 3.9% | ||
| Q3 24 | -52.1% | 4.4% | ||
| Q2 24 | -14.3% | 4.1% |
每股收益（稀释后）RIGRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $0.13 | $0.81 | ||
| Q3 25 | $-2.00 | $0.83 | ||
| Q2 25 | $-1.06 | $0.90 | ||
| Q1 25 | $-0.11 | $0.73 | ||
| Q4 24 | $-0.14 | $-95.13 | ||
| Q3 24 | $-0.58 | $0.97 | ||
| Q2 24 | $-0.15 | $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 | $620.0M | — |
| 总债务越低越好 | $5.2B | $277.8M |
| 股东权益账面价值 | $8.1B | $2.3B |
| 总资产 | $15.6B | $4.5B |
| 负债/权益比越低杠杆越低 | 0.64× | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资RIGRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $620.0M | $212.6M | ||
| Q3 25 | $833.0M | $242.0M | ||
| Q2 25 | $377.0M | $211.1M | ||
| Q1 25 | $263.0M | $228.7M | ||
| Q4 24 | $560.0M | $228.1M | ||
| Q3 24 | $435.0M | $185.1M | ||
| Q2 24 | $475.0M | $167.3M |
总债务RIGRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | $5.2B | $274.8M | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.9B | — | ||
| Q1 25 | $5.9B | — | ||
| Q4 24 | $6.2B | $408.4M | ||
| Q3 24 | $6.5B | — | ||
| Q2 24 | $6.8B | — |
股东权益RIGRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $8.1B | $2.2B | ||
| Q3 25 | $8.1B | $2.2B | ||
| Q2 25 | $9.4B | $2.2B | ||
| Q1 25 | $10.2B | $2.2B | ||
| Q4 24 | $10.3B | $2.1B | ||
| Q3 24 | $10.2B | $2.1B | ||
| Q2 24 | $10.7B | $2.0B |
总资产RIGRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $15.6B | $4.4B | ||
| Q3 25 | $16.2B | $4.6B | ||
| Q2 25 | $17.8B | $4.7B | ||
| Q1 25 | $19.0B | $4.7B | ||
| Q4 24 | $19.4B | $4.6B | ||
| Q3 24 | $19.5B | $4.6B | ||
| Q2 24 | $20.3B | $4.5B |
负债/权益比RIGRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | 0.64× | 0.12× | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | 0.60× | 0.19× | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.63× | — |
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 | $349.0M | — |
| 自由现金流经营现金流 - 资本支出 | $321.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 30.8% | 24.4% |
| 资本支出强度资本支出/营收 | 2.7% | 2.0% |
| 现金转化率经营现金流/净利润 | 13.96× | — |
| 过去12个月自由现金流最近4个季度 | $626.0M | $828.4M |
8季度趋势，按日历期对齐
经营现金流RIGRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $349.0M | $112.9M | ||
| Q3 25 | $246.0M | $367.8M | ||
| Q2 25 | $128.0M | $227.6M | ||
| Q1 25 | $26.0M | $153.5M | ||
| Q4 24 | $206.0M | $392.3M | ||
| Q3 24 | $194.0M | $111.7M | ||
| Q2 24 | $133.0M | $270.6M |
自由现金流RIGRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $321.0M | $31.9M | ||
| Q3 25 | $235.0M | $271.2M | ||
| Q2 25 | $104.0M | $113.8M | ||
| Q1 25 | $-34.0M | $45.1M | ||
| Q4 24 | $177.0M | $263.5M | ||
| Q3 24 | $136.0M | $-20.0M | ||
| Q2 24 | $49.0M | $177.2M |
自由现金流率RIGRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 30.8% | 1.9% | ||
| Q3 25 | 22.9% | 15.2% | ||
| Q2 25 | 10.5% | 6.2% | ||
| Q1 25 | -3.8% | 2.6% | ||
| Q4 24 | 18.6% | 13.7% | ||
| Q3 24 | 14.3% | -1.1% | ||
| Q2 24 | 5.7% | 9.1% |
资本支出强度RIGRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 2.7% | 4.8% | ||
| Q3 25 | 1.1% | 5.4% | ||
| Q2 25 | 2.4% | 6.2% | ||
| Q1 25 | 6.6% | 6.2% | ||
| Q4 24 | 3.0% | 6.7% | ||
| Q3 24 | 6.1% | 7.3% | ||
| Q2 24 | 9.8% | 4.8% |
现金转化率RIGRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 13.96× | 1.75× | ||
| Q3 25 | — | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | 29.43× | 5.25× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 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
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
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% |
