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ADVANCE AUTO PARTS INC（AAP）与Paychex（PAYX）财务数据对比。点击上方公司名可切换其他公司
ADVANCE AUTO PARTS INC的季度营收约是Paychex的1.3倍（$2.0B vs $1.5B），Paychex净利率更高（26.3% vs 0.3%，领先26.0%），ADVANCE AUTO PARTS INC同比增速更快（130.1% vs 17.4%），Paychex自由现金流更多（$382.8M vs $-21.0M），过去两年Paychex的营收复合增速更高（3.8% vs -15.7%）
Advance Auto Parts是美国知名汽车售后零部件供应商，总部位于北卡罗来纳州罗利市，业务覆盖专业维修安装服务商与汽车 DIY 爱好者两大客群，可为不同需求的用户提供适配的汽车零配件产品及相关服务。
Paychex是美国知名人力资源服务提供商，1971年成立，总部位于纽约州罗切斯特，面向中小微企业提供薪资管理、人力资源外包、员工福利外包等服务。目前在美欧地区拥有超100个办事处，服务约80万家薪资客户，位列《财富》500强第681位。
AAP vs PAYX — 直观对比
营收规模更大
AAP
是对方的1.3倍
$1.5B
营收增速更快
AAP
高出112.7%
17.4%
净利率更高
PAYX
高出26.0%
0.3%
自由现金流更多
PAYX
多$403.8M
$-21.0M
两年增速更快
PAYX
近两年复合增速
-15.7%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.5B |
| 净利润 | $6.0M | $395.4M |
| 毛利率 | 44.1% | 72.6% |
| 营业利润率 | 2.2% | 38.0% |
| 净利率 | 0.3% | 26.3% |
| 营收同比 | 130.1% | 17.4% |
| 净利润同比 | 101.4% | -4.4% |
| 每股收益（稀释后） | $0.10 | $1.10 |
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AAPPAYX
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.5B | ||
| Q3 25 | $2.0B | $1.5B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.2B | $1.3B | ||
| Q2 24 | $2.8B | $1.3B |
净利润AAPPAYX
| Q1 26 | $6.0M | — | ||
| Q4 25 | $-1.0M | $395.4M | ||
| Q3 25 | $15.0M | $383.8M | ||
| Q2 25 | $24.0M | $297.2M | ||
| Q1 25 | — | $519.3M | ||
| Q4 24 | $-6.0M | $413.4M | ||
| Q3 24 | $45.0M | $427.4M | ||
| Q2 24 | $40.0M | $379.9M |
毛利率AAPPAYX
| Q1 26 | 44.1% | — | ||
| Q4 25 | 43.3% | 72.6% | ||
| Q3 25 | 43.5% | 72.3% | ||
| Q2 25 | 42.9% | 71.5% | ||
| Q1 25 | — | 73.6% | ||
| Q4 24 | 42.3% | 70.4% | ||
| Q3 24 | 43.6% | 70.3% | ||
| Q2 24 | 43.4% | 70.1% |
营业利润率AAPPAYX
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.1% | 38.0% | ||
| Q3 25 | 1.1% | 36.3% | ||
| Q2 25 | -5.1% | 31.2% | ||
| Q1 25 | — | 47.2% | ||
| Q4 24 | — | 42.0% | ||
| Q3 24 | 2.5% | 42.7% | ||
| Q2 24 | 1.9% | 38.3% |
净利率AAPPAYX
| Q1 26 | 0.3% | — | ||
| Q4 25 | -0.0% | 26.3% | ||
| Q3 25 | 0.7% | 25.7% | ||
| Q2 25 | 0.9% | 21.5% | ||
| Q1 25 | — | 35.4% | ||
| Q4 24 | -0.3% | 32.3% | ||
| Q3 24 | 2.1% | 33.4% | ||
| Q2 24 | 1.4% | 30.2% |
每股收益（稀释后）AAPPAYX
| Q1 26 | $0.10 | — | ||
| Q4 25 | $-0.02 | $1.10 | ||
| Q3 25 | $0.25 | $1.06 | ||
| Q2 25 | $0.40 | $0.83 | ||
| Q1 25 | — | $1.43 | ||
| Q4 24 | $-0.10 | $1.14 | ||
| Q3 24 | $0.75 | $1.18 | ||
| Q2 24 | $0.67 | $1.05 |
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 | $3.1B | $1.5B |
| 总债务越低越好 | $3.4B | $5.0B |
| 股东权益账面价值 | $2.2B | $3.9B |
| 总资产 | $11.8B | $16.5B |
| 负债/权益比越低杠杆越低 | 1.55× | 1.28× |
8季度趋势，按日历期对齐
现金及短期投资AAPPAYX
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.7B | $1.7B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | $464.5M | $1.2B | ||
| Q3 24 | $479.4M | $1.5B | ||
| Q2 24 | $451.0M | $1.5B |
总债务AAPPAYX
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $5.0B | ||
| Q3 25 | $1.8B | $5.0B | ||
| Q2 25 | $1.8B | $4.9B | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $1.8B | $798.6M |
股东权益AAPPAYX
| Q1 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $3.9B | ||
| Q3 25 | $2.2B | $4.0B | ||
| Q2 25 | $2.2B | $4.1B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | $2.6B | $3.9B | ||
| Q3 24 | $2.6B | $3.9B | ||
| Q2 24 | $2.6B | $3.8B |
总资产AAPPAYX
| Q1 26 | $11.8B | — | ||
| Q4 25 | $12.1B | $16.5B | ||
| Q3 25 | $10.5B | $16.7B | ||
| Q2 25 | $10.6B | $16.6B | ||
| Q1 25 | — | $11.2B | ||
| Q4 24 | $12.5B | $10.6B | ||
| Q3 24 | $12.3B | $10.5B | ||
| Q2 24 | $12.2B | $10.4B |
负债/权益比AAPPAYX
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.55× | 1.28× | ||
| Q3 25 | 0.81× | 1.25× | ||
| Q2 25 | 0.81× | 1.20× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.69× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 0.70× | 0.21× |
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 | $72.0M | $444.9M |
| 自由现金流经营现金流 - 资本支出 | $-21.0M | $382.8M |
| 自由现金流率自由现金流/营收 | -1.1% | 25.5% |
| 资本支出强度资本支出/营收 | 4.7% | 4.1% |
| 现金转化率经营现金流/净利润 | 12.00× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $-298.0M | $2.0B |
8季度趋势，按日历期对齐
经营现金流AAPPAYX
| Q1 26 | $72.0M | — | ||
| Q4 25 | $-12.0M | $444.9M | ||
| Q3 25 | $50.0M | $718.4M | ||
| Q2 25 | $-156.0M | $343.8M | ||
| Q1 25 | — | $716.0M | ||
| Q4 24 | $70.0M | $295.0M | ||
| Q3 24 | $85.0M | $546.1M | ||
| Q2 24 | $3.0M | $221.7M |
自由现金流AAPPAYX
| Q1 26 | $-21.0M | — | ||
| Q4 25 | $-76.0M | $382.8M | ||
| Q3 25 | $-3.0M | $662.5M | ||
| Q2 25 | $-198.0M | $283.3M | ||
| Q1 25 | — | $667.3M | ||
| Q4 24 | $27.0M | $248.0M | ||
| Q3 24 | $44.0M | $510.5M | ||
| Q2 24 | $-43.0M | $180.4M |
自由现金流率AAPPAYX
| Q1 26 | -1.1% | — | ||
| Q4 25 | -3.7% | 25.5% | ||
| Q3 25 | -0.1% | 44.4% | ||
| Q2 25 | -7.7% | 20.5% | ||
| Q1 25 | — | 45.5% | ||
| Q4 24 | 1.3% | 19.4% | ||
| Q3 24 | 2.0% | 39.9% | ||
| Q2 24 | -1.6% | 14.4% |
资本支出强度AAPPAYX
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.1% | 4.1% | ||
| Q3 25 | 2.6% | 3.7% | ||
| Q2 25 | 1.6% | 4.4% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | 2.0% | 3.7% | ||
| Q3 24 | 1.9% | 2.8% | ||
| Q2 24 | 1.7% | 3.3% |
现金转化率AAPPAYX
| Q1 26 | 12.00× | — | ||
| Q4 25 | — | 1.13× | ||
| Q3 25 | 3.33× | 1.87× | ||
| Q2 25 | -6.50× | 1.16× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | — | 0.71× | ||
| Q3 24 | 1.89× | 1.28× | ||
| Q2 24 | 0.07× | 0.58× |
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
AAP
暂无分部数据
PAYX
| Management Solutions | $1.2B | 78% |
| Peo And Insurance Solutions | $336.9M | 22% |
