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爱彼迎（ABNB）与BOISE CASCADE Co（BCC）财务数据对比。点击上方公司名可切换其他公司
爱彼迎的季度营收约是BOISE CASCADE Co的1.9倍（$2.8B vs $1.5B）。爱彼迎净利率更高（12.3% vs 0.6%，领先11.7%）。爱彼迎同比增速更快（12.0% vs -6.8%）。过去两年爱彼迎的营收复合增速更高（13.9% vs -5.8%）
爱彼迎是全球知名的旅行住宿及体验共享平台，成立于2007年，2010年正式启用现名。平台连接全球各地的房东与旅客，用户可通过网页或移动端预订私人客房、普通住宅、度假屋等多元住宿，也可报名参与当地特色体验项目，是共享经济领域的代表性企业。
博伊西卡斯卡德公司是总部位于美国爱达荷州博伊西的企业，主营木制品制造与建筑材料批发分销业务，产品覆盖各类建筑用木材及相关建材，为建筑行业客户提供稳定的供应链支持。
ABNB vs BCC — 直观对比
营收规模更大
ABNB
是对方的1.9倍
$1.5B
营收增速更快
ABNB
高出18.9%
-6.8%
净利率更高
ABNB
高出11.7%
0.6%
两年增速更快
ABNB
近两年复合增速
-5.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.5B |
| 净利润 | $341.0M | $8.7M |
| 毛利率 | 82.5% | — |
| 营业利润率 | 9.7% | 1.1% |
| 净利率 | 12.3% | 0.6% |
| 营收同比 | 12.0% | -6.8% |
| 净利润同比 | -26.0% | -87.3% |
| 每股收益（稀释后） | — | $0.25 |
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ABNBBCC
| Q4 25 | $2.8B | $1.5B | ||
| Q3 25 | $4.1B | $1.7B | ||
| Q2 25 | $3.1B | $1.7B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $3.7B | $1.7B | ||
| Q2 24 | $2.7B | $1.8B | ||
| Q1 24 | $2.1B | $1.6B |
净利润ABNBBCC
| Q4 25 | $341.0M | $8.7M | ||
| Q3 25 | $1.4B | $21.8M | ||
| Q2 25 | $642.0M | $62.0M | ||
| Q1 25 | $154.0M | $40.3M | ||
| Q4 24 | $461.0M | $68.9M | ||
| Q3 24 | $1.4B | $91.0M | ||
| Q2 24 | $555.0M | $112.3M | ||
| Q1 24 | $264.0M | $104.1M |
毛利率ABNBBCC
| Q4 25 | 82.5% | — | ||
| Q3 25 | 86.6% | — | ||
| Q2 25 | 82.4% | — | ||
| Q1 25 | 77.7% | — | ||
| Q4 24 | 82.8% | — | ||
| Q3 24 | 87.5% | — | ||
| Q2 24 | 81.6% | — | ||
| Q1 24 | 77.6% | — |
营业利润率ABNBBCC
| Q4 25 | 9.7% | 1.1% | ||
| Q3 25 | 39.7% | 1.9% | ||
| Q2 25 | 19.8% | 4.6% | ||
| Q1 25 | 1.7% | 3.5% | ||
| Q4 24 | 17.3% | 5.9% | ||
| Q3 24 | 40.9% | 6.8% | ||
| Q2 24 | 18.1% | 8.2% | ||
| Q1 24 | 4.7% | 8.1% |
净利率ABNBBCC
| Q4 25 | 12.3% | 0.6% | ||
| Q3 25 | 33.6% | 1.3% | ||
| Q2 25 | 20.7% | 3.6% | ||
| Q1 25 | 6.8% | 2.6% | ||
| Q4 24 | 18.6% | 4.4% | ||
| Q3 24 | 36.7% | 5.3% | ||
| Q2 24 | 20.2% | 6.2% | ||
| Q1 24 | 12.3% | 6.3% |
每股收益（稀释后）ABNBBCC
| Q4 25 | — | $0.25 | ||
| Q3 25 | — | $0.58 | ||
| Q2 25 | — | $1.64 | ||
| Q1 25 | — | $1.06 | ||
| Q4 24 | — | $1.79 | ||
| Q3 24 | — | $2.33 | ||
| Q2 24 | — | $2.84 | ||
| Q1 24 | — | $2.61 |
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 | $11.0B | $477.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $2.1B |
| 总资产 | $22.2B | $3.2B |
| 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ABNBBCC
| Q4 25 | $11.0B | $477.2M | ||
| Q3 25 | $11.7B | $511.8M | ||
| Q2 25 | $11.4B | $481.0M | ||
| Q1 25 | $11.5B | $561.8M | ||
| Q4 24 | $10.6B | $713.3M | ||
| Q3 24 | $11.3B | $761.6M | ||
| Q2 24 | $11.3B | $922.1M | ||
| Q1 24 | $11.1B | $890.2M |
股东权益ABNBBCC
| Q4 25 | $8.2B | $2.1B | ||
| Q3 25 | $8.6B | $2.1B | ||
| Q2 25 | $7.8B | $2.2B | ||
| Q1 25 | $7.9B | $2.1B | ||
| Q4 24 | $8.4B | $2.2B | ||
| Q3 24 | $8.5B | $2.1B | ||
| Q2 24 | $8.0B | $2.3B | ||
| Q1 24 | $7.9B | $2.3B |
总资产ABNBBCC
| Q4 25 | $22.2B | $3.2B | ||
| Q3 25 | $23.1B | $3.4B | ||
| Q2 25 | $27.0B | $3.4B | ||
| Q1 25 | $25.1B | $3.5B | ||
| Q4 24 | $21.0B | $3.4B | ||
| Q3 24 | $22.2B | $3.4B | ||
| Q2 24 | $26.3B | $3.7B | ||
| Q1 24 | $24.5B | $3.6B |
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 | $526.0M | $131.0M |
| 自由现金流经营现金流 - 资本支出 | — | $77.0M |
| 自由现金流率自由现金流/营收 | — | 5.3% |
| 资本支出强度资本支出/营收 | — | 3.7% |
| 现金转化率经营现金流/净利润 | 1.54× | 15.00× |
| 过去12个月自由现金流最近4个季度 | — | $12.7M |
8季度趋势，按日历期对齐
经营现金流ABNBBCC
| Q4 25 | $526.0M | $131.0M | ||
| Q3 25 | $1.4B | $118.4M | ||
| Q2 25 | $975.0M | $33.2M | ||
| Q1 25 | $1.8B | $-28.5M | ||
| Q4 24 | $466.0M | $94.6M | ||
| Q3 24 | $1.1B | $174.6M | ||
| Q2 24 | $1.1B | $141.7M | ||
| Q1 24 | $1.9B | $27.5M |
自由现金流ABNBBCC
| Q4 25 | — | $77.0M | ||
| Q3 25 | — | $63.2M | ||
| Q2 25 | — | $-45.9M | ||
| Q1 25 | — | $-81.7M | ||
| Q4 24 | — | $759.0K | ||
| Q3 24 | — | $112.9M | ||
| Q2 24 | — | $101.9M | ||
| Q1 24 | — | $-6.9M |
自由现金流率ABNBBCC
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | -2.6% | ||
| Q1 25 | — | -5.3% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 5.7% | ||
| Q1 24 | — | -0.4% |
资本支出强度ABNBBCC
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 3.3% | ||
| Q2 25 | — | 4.5% | ||
| Q1 25 | — | 3.5% | ||
| Q4 24 | — | 6.0% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 2.2% | ||
| Q1 24 | — | 2.1% |
现金转化率ABNBBCC
| Q4 25 | 1.54× | 15.00× | ||
| Q3 25 | 0.99× | 5.44× | ||
| Q2 25 | 1.52× | 0.54× | ||
| Q1 25 | 11.62× | -0.71× | ||
| Q4 24 | 1.01× | 1.37× | ||
| Q3 24 | 0.79× | 1.92× | ||
| Q2 24 | 1.89× | 1.26× | ||
| Q1 24 | 7.28× | 0.26× |
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
ABNB
| North America | $1.1B | 41% |
| EMEA | $930.0M | 33% |
| Latin America | $351.0M | 13% |
| Other | $351.0M | 13% |
BCC
| General Line | $626.6M | 43% |
| Commodity Product Line | $479.9M | 33% |
| Engineered Wood Products | $256.6M | 18% |
| Plywood And Veneer | $53.3M | 4% |
| Lumber | $10.1M | 1% |
| Laminated Veneer Lumber | $8.9M | 1% |
| Other Wood Products | $4.7M | 0% |
| Other Engineered Wood Products | $3.5M | 0% |
| Ijoists | $3.3M | 0% |
