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爱彼迎（ABNB）与HF Foods Group Inc.（HFFG）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HF Foods Group Inc.的9.0倍（$2.8B vs $308.0M）。爱彼迎净利率更高（12.3% vs -12.1%，领先24.4%）。爱彼迎同比增速更快（12.0% vs 0.9%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 2.1%）
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。
HF Sinclair Corporation是一家总部位于美国得克萨斯州达拉斯的美国能源企业，主要生产并销售汽油、柴油、航空燃油、可再生柴油、特种润滑油产品、特种化学品，以及特种改性沥青等多种能源与化工产品。
ABNB vs HFFG — 直观对比
营收规模更大
ABNB
是对方的9.0倍
$308.0M
营收增速更快
ABNB
高出11.1%
0.9%
净利率更高
ABNB
高出24.4%
-12.1%
两年增速更快
ABNB
近两年复合增速
2.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $308.0M |
| 净利润 | $341.0M | $-37.3M |
| 毛利率 | 82.5% | 16.6% |
| 营业利润率 | 9.7% | -12.8% |
| 净利率 | 12.3% | -12.1% |
| 营收同比 | 12.0% | 0.9% |
| 净利润同比 | -26.0% | 15.0% |
| 每股收益（稀释后） | — | $-0.70 |
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ABNBHFFG
| Q4 25 | $2.8B | $308.0M | ||
| Q3 25 | $4.1B | $307.0M | ||
| Q2 25 | $3.1B | $314.9M | ||
| Q1 25 | $2.3B | $298.4M | ||
| Q4 24 | $2.5B | $305.3M | ||
| Q3 24 | $3.7B | $298.4M | ||
| Q2 24 | $2.7B | $302.3M | ||
| Q1 24 | $2.1B | $295.7M |
净利润ABNBHFFG
| Q4 25 | $341.0M | $-37.3M | ||
| Q3 25 | $1.4B | $-1.1M | ||
| Q2 25 | $642.0M | $1.2M | ||
| Q1 25 | $154.0M | $-1.6M | ||
| Q4 24 | $461.0M | $-43.9M | ||
| Q3 24 | $1.4B | $-3.9M | ||
| Q2 24 | $555.0M | $17.0K | ||
| Q1 24 | $264.0M | $-694.0K |
毛利率ABNBHFFG
| Q4 25 | 82.5% | 16.6% | ||
| Q3 25 | 86.6% | 16.4% | ||
| Q2 25 | 82.4% | 17.5% | ||
| Q1 25 | 77.7% | 17.1% | ||
| Q4 24 | 82.8% | 17.1% | ||
| Q3 24 | 87.5% | 16.8% | ||
| Q2 24 | 81.6% | 17.4% | ||
| Q1 24 | 77.6% | 17.1% |
营业利润率ABNBHFFG
| Q4 25 | 9.7% | -12.8% | ||
| Q3 25 | 39.7% | 0.4% | ||
| Q2 25 | 19.8% | 1.3% | ||
| Q1 25 | 1.7% | 0.4% | ||
| Q4 24 | 17.3% | -13.8% | ||
| Q3 24 | 40.9% | 0.2% | ||
| Q2 24 | 18.1% | 0.9% | ||
| Q1 24 | 4.7% | -0.0% |
净利率ABNBHFFG
| Q4 25 | 12.3% | -12.1% | ||
| Q3 25 | 33.6% | -0.4% | ||
| Q2 25 | 20.7% | 0.4% | ||
| Q1 25 | 6.8% | -0.6% | ||
| Q4 24 | 18.6% | -14.4% | ||
| Q3 24 | 36.7% | -1.3% | ||
| Q2 24 | 20.2% | 0.0% | ||
| Q1 24 | 12.3% | -0.2% |
每股收益（稀释后）ABNBHFFG
| Q4 25 | — | $-0.70 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | — | $0.02 | ||
| Q1 25 | — | $-0.03 | ||
| Q4 24 | — | $-0.84 | ||
| Q3 24 | — | $-0.07 | ||
| Q2 24 | — | $0.00 | ||
| Q1 24 | — | $-0.01 |
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 | — |
| 总债务越低越好 | — | $106.1M |
| 股东权益账面价值 | $8.2B | $202.1M |
| 总资产 | $22.2B | $541.5M |
| 负债/权益比越低杠杆越低 | — | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资ABNBHFFG
| Q4 25 | $11.0B | — | ||
| Q3 25 | $11.7B | — | ||
| Q2 25 | $11.4B | — | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $10.6B | — | ||
| Q3 24 | $11.3B | — | ||
| Q2 24 | $11.3B | — | ||
| Q1 24 | $11.1B | — |
总债务ABNBHFFG
| Q4 25 | — | $106.1M | ||
| Q3 25 | — | $107.3M | ||
| Q2 25 | — | $106.0M | ||
| Q1 25 | — | $107.4M | ||
| Q4 24 | — | $108.7M | ||
| Q3 24 | — | $110.1M | ||
| Q2 24 | — | $111.4M | ||
| Q1 24 | — | $112.8M |
股东权益ABNBHFFG
| Q4 25 | $8.2B | $202.1M | ||
| Q3 25 | $8.6B | $239.2M | ||
| Q2 25 | $7.8B | $239.7M | ||
| Q1 25 | $7.9B | $238.0M | ||
| Q4 24 | $8.4B | $239.3M | ||
| Q3 24 | $8.5B | $283.1M | ||
| Q2 24 | $8.0B | $286.3M | ||
| Q1 24 | $7.9B | $286.7M |
总资产ABNBHFFG
| Q4 25 | $22.2B | $541.5M | ||
| Q3 25 | $23.1B | $595.1M | ||
| Q2 25 | $27.0B | $593.5M | ||
| Q1 25 | $25.1B | $581.9M | ||
| Q4 24 | $21.0B | $550.0M | ||
| Q3 24 | $22.2B | $612.8M | ||
| Q2 24 | $26.3B | $616.9M | ||
| Q1 24 | $24.5B | $603.1M |
负债/权益比ABNBHFFG
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.45× | ||
| Q4 24 | — | 0.45× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.39× |
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 | $526.0M | $21.0M |
| 自由现金流经营现金流 - 资本支出 | — | $12.1M |
| 自由现金流率自由现金流/营收 | — | 3.9% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | 1.54× | — |
| 过去12个月自由现金流最近4个季度 | — | $6.6M |
8季度趋势，按日历期对齐
经营现金流ABNBHFFG
| Q4 25 | $526.0M | $21.0M | ||
| Q3 25 | $1.4B | $-6.0M | ||
| Q2 25 | $975.0M | $3.5M | ||
| Q1 25 | $1.8B | $6.9M | ||
| Q4 24 | $466.0M | $18.4M | ||
| Q3 24 | $1.1B | $2.3M | ||
| Q2 24 | $1.1B | $-9.3M | ||
| Q1 24 | $1.9B | $11.2M |
自由现金流ABNBHFFG
| Q4 25 | — | $12.1M | ||
| Q3 25 | — | $-9.3M | ||
| Q2 25 | — | $363.0K | ||
| Q1 25 | — | $3.4M | ||
| Q4 24 | — | $15.3M | ||
| Q3 24 | — | $-820.0K | ||
| Q2 24 | — | $-13.0M | ||
| Q1 24 | — | $8.6M |
自由现金流率ABNBHFFG
| Q4 25 | — | 3.9% | ||
| Q3 25 | — | -3.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | — | -0.3% | ||
| Q2 24 | — | -4.3% | ||
| Q1 24 | — | 2.9% |
资本支出强度ABNBHFFG
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.0% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 0.9% |
现金转化率ABNBHFFG
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | 2.89× | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | — | ||
| Q2 24 | 1.89× | -546.06× | ||
| Q1 24 | 7.28× | — |
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% |
HFFG
| Seafood | $110.2M | 36% |
| Meat And Poultry | $62.7M | 20% |
| Asian Specialty | $55.3M | 18% |
| Commodity Product | $35.1M | 11% |
| Fresh Produce | $29.9M | 10% |
| Packaging And Other | $14.7M | 5% |
