vs
United Rentals（URI）与福泰制药（VRTX）财务数据对比。点击上方公司名可切换其他公司
United Rentals的季度营收约是福泰制药的1.2倍（$4.0B vs $3.2B），福泰制药净利率更高（37.3% vs 13.3%，领先24.0%），福泰制药同比增速更快（9.5% vs 7.2%），United Rentals自由现金流更多（$1.1B vs $348.6M），过去两年United Rentals的营收复合增速更高（114.0% vs 8.9%）
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
福泰制药是总部位于美国马萨诸塞州波士顿的生物制药企业，是全球首批明确采用理性药物设计策略、而非组合化学方法开发药物的生物技术公司之一。除波士顿总部外，公司还在加州圣迭戈、英国牛津郡米尔顿公园设有三处研发中心。
URI vs VRTX — 直观对比
营收规模更大
URI
是对方的1.2倍
$3.2B
营收增速更快
VRTX
高出2.4%
7.2%
净利率更高
VRTX
高出24.0%
13.3%
自由现金流更多
URI
多$705.4M
$348.6M
两年增速更快
URI
近两年复合增速
8.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.2B |
| 净利润 | $531.0M | $1.2B |
| 毛利率 | 36.9% | 85.4% |
| 营业利润率 | 21.8% | 37.8% |
| 净利率 | 13.3% | 37.3% |
| 营收同比 | 7.2% | 9.5% |
| 净利润同比 | 2.5% | 30.5% |
| 每股收益（稀释后） | $8.43 | $4.64 |
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URIVRTX
| Q1 26 | $4.0B | — | ||
| Q4 25 | $992.0M | $3.2B | ||
| Q3 25 | $938.0M | $3.1B | ||
| Q2 25 | $872.0M | $3.0B | ||
| Q1 25 | $893.0M | $2.8B | ||
| Q4 24 | $1.0B | $2.9B | ||
| Q3 24 | $874.0M | $2.8B | ||
| Q2 24 | $870.0M | $2.6B |
净利润URIVRTX
| Q1 26 | $531.0M | — | ||
| Q4 25 | $653.0M | $1.2B | ||
| Q3 25 | $701.0M | $1.1B | ||
| Q2 25 | $622.0M | $1.0B | ||
| Q1 25 | $518.0M | $646.3M | ||
| Q4 24 | $689.0M | $913.0M | ||
| Q3 24 | $708.0M | $1.0B | ||
| Q2 24 | $636.0M | $-3.6B |
毛利率URIVRTX
| Q1 26 | 36.9% | — | ||
| Q4 25 | — | 85.4% | ||
| Q3 25 | — | 86.5% | ||
| Q2 25 | — | 86.3% | ||
| Q1 25 | — | 86.9% | ||
| Q4 24 | — | 85.5% | ||
| Q3 24 | — | 85.8% | ||
| Q2 24 | — | 85.9% |
营业利润率URIVRTX
| Q1 26 | 21.8% | — | ||
| Q4 25 | — | 37.8% | ||
| Q3 25 | — | 38.6% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | 90.0% | 22.7% | ||
| Q4 24 | — | 35.2% | ||
| Q3 24 | — | 40.3% | ||
| Q2 24 | — | -132.9% |
净利率URIVRTX
| Q1 26 | 13.3% | — | ||
| Q4 25 | 65.8% | 37.3% | ||
| Q3 25 | 74.7% | 35.2% | ||
| Q2 25 | 71.3% | 34.8% | ||
| Q1 25 | 58.0% | 23.3% | ||
| Q4 24 | 67.6% | 31.4% | ||
| Q3 24 | 81.0% | 37.7% | ||
| Q2 24 | 73.1% | -135.8% |
每股收益（稀释后）URIVRTX
| Q1 26 | $8.43 | — | ||
| Q4 25 | $10.20 | $4.64 | ||
| Q3 25 | $10.91 | $4.20 | ||
| Q2 25 | $9.59 | $3.99 | ||
| Q1 25 | $7.91 | $2.49 | ||
| Q4 24 | $10.41 | $3.62 | ||
| Q3 24 | $10.70 | $4.01 | ||
| Q2 24 | $9.54 | $-13.92 |
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 | $156.0M | $6.6B |
| 总债务越低越好 | $13.9B | — |
| 股东权益账面价值 | $9.0B | $18.7B |
| 总资产 | $29.9B | $25.6B |
| 负债/权益比越低杠杆越低 | 1.55× | — |
8季度趋势，按日历期对齐
现金及短期投资URIVRTX
| Q1 26 | $156.0M | — | ||
| Q4 25 | $459.0M | $6.6B | ||
| Q3 25 | $512.0M | $6.3B | ||
| Q2 25 | $548.0M | $6.4B | ||
| Q1 25 | $542.0M | $6.2B | ||
| Q4 24 | $457.0M | $6.1B | ||
| Q3 24 | $479.0M | $6.5B | ||
| Q2 24 | $467.0M | $5.8B |
总债务URIVRTX
| Q1 26 | $13.9B | — | ||
| Q4 25 | $12.7B | — | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $12.2B | — | ||
| Q3 24 | $11.9B | — | ||
| Q2 24 | $11.5B | — |
股东权益URIVRTX
| Q1 26 | $9.0B | — | ||
| Q4 25 | $9.0B | $18.7B | ||
| Q3 25 | $9.0B | $17.3B | ||
| Q2 25 | $9.0B | $17.2B | ||
| Q1 25 | $8.8B | $16.5B | ||
| Q4 24 | $8.6B | $16.4B | ||
| Q3 24 | $8.6B | $15.6B | ||
| Q2 24 | $8.3B | $14.8B |
总资产URIVRTX
| Q1 26 | $29.9B | — | ||
| Q4 25 | $29.9B | $25.6B | ||
| Q3 25 | $30.1B | $24.9B | ||
| Q2 25 | $29.2B | $24.0B | ||
| Q1 25 | $28.1B | $22.9B | ||
| Q4 24 | $28.2B | $22.5B | ||
| Q3 24 | $28.4B | $22.2B | ||
| Q2 24 | $27.6B | $20.1B |
负债/权益比URIVRTX
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.41× | — | ||
| Q3 25 | 1.40× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.31× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.38× | — | ||
| Q2 24 | 1.39× | — |
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 | $1.5B | $498.0M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $348.6M |
| 自由现金流率自由现金流/营收 | 26.4% | 10.9% |
| 资本支出强度资本支出/营收 | — | 4.7% |
| 现金转化率经营现金流/净利润 | 2.85× | 0.42× |
| 过去12个月自由现金流最近4个季度 | — | $3.2B |
8季度趋势，按日历期对齐
经营现金流URIVRTX
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.3B | $498.0M | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.3B | $1.1B | ||
| Q1 25 | $1.4B | $818.9M | ||
| Q4 24 | $1.0B | $584.6M | ||
| Q3 24 | $1.2B | $1.4B | ||
| Q2 24 | $1.3B | $-3.8B |
自由现金流URIVRTX
| Q1 26 | $1.1B | — | ||
| Q4 25 | — | $348.6M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $927.4M | ||
| Q1 25 | — | $778.2M | ||
| Q4 24 | $471.0M | $492.0M | ||
| Q3 24 | $-168.0M | $1.3B | ||
| Q2 24 | $-263.0M | $-3.8B |
自由现金流率URIVRTX
| Q1 26 | 26.4% | — | ||
| Q4 25 | — | 10.9% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 31.3% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | 46.2% | 16.9% | ||
| Q3 24 | -19.2% | 47.0% | ||
| Q2 24 | -30.2% | -144.5% |
资本支出强度URIVRTX
| Q1 26 | — | — | ||
| Q4 25 | — | 4.7% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 4.9% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | 56.6% | 3.2% | ||
| Q3 24 | 157.0% | 2.4% | ||
| Q2 24 | 175.6% | 2.6% |
现金转化率URIVRTX
| Q1 26 | 2.85× | — | ||
| Q4 25 | 1.92× | 0.42× | ||
| Q3 25 | 1.68× | 1.15× | ||
| Q2 25 | 2.14× | 1.04× | ||
| Q1 25 | 2.75× | 1.27× | ||
| Q4 24 | 1.52× | 0.64× | ||
| Q3 24 | 1.70× | 1.31× | ||
| Q2 24 | 1.99× | — |
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
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
VRTX
| TRIKAFTAKAFTRIO | $2.6B | 81% |
| ALYFTREK | $380.1M | 12% |
| Manufactured Product Other | $237.4M | 7% |
