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爱彼迎（ABNB）与MARINEMAX INC（HZO）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MARINEMAX INC的5.5倍（$2.8B vs $505.2M）。爱彼迎净利率更高（12.3% vs -1.6%，领先13.8%）。爱彼迎同比增速更快（12.0% vs 7.8%）。过去两年爱彼迎的营收复合增速更高（13.9% vs -6.9%）
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。
MarineMax Inc.是美国头部休闲船舶及游艇零售商，主营全新及二手休闲船艇销售，同时提供船舶维保、金融服务、保险、游艇租赁及航海主题活动等配套服务，覆盖北美市场的私人航海爱好者群体。
ABNB vs HZO — 直观对比
营收规模更大
ABNB
是对方的5.5倍
$505.2M
营收增速更快
ABNB
高出4.2%
7.8%
净利率更高
ABNB
高出13.8%
-1.6%
两年增速更快
ABNB
近两年复合增速
-6.9%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $505.2M |
| 净利润 | $341.0M | $-7.9M |
| 毛利率 | 82.5% | 31.8% |
| 营业利润率 | 9.7% | 1.0% |
| 净利率 | 12.3% | -1.6% |
| 营收同比 | 12.0% | 7.8% |
| 净利润同比 | -26.0% | -143.9% |
| 每股收益（稀释后） | — | $-0.36 |
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ABNBHZO
| Q4 25 | $2.8B | $505.2M | ||
| Q3 25 | $4.1B | $552.2M | ||
| Q2 25 | $3.1B | $657.2M | ||
| Q1 25 | $2.3B | $631.5M | ||
| Q4 24 | $2.5B | $468.5M | ||
| Q3 24 | $3.7B | $563.1M | ||
| Q2 24 | $2.7B | $757.7M | ||
| Q1 24 | $2.1B | $582.9M |
净利润ABNBHZO
| Q4 25 | $341.0M | $-7.9M | ||
| Q3 25 | $1.4B | $-851.0K | ||
| Q2 25 | $642.0M | $-52.1M | ||
| Q1 25 | $154.0M | $3.3M | ||
| Q4 24 | $461.0M | $18.1M | ||
| Q3 24 | $1.4B | $4.0M | ||
| Q2 24 | $555.0M | $31.6M | ||
| Q1 24 | $264.0M | $1.6M |
毛利率ABNBHZO
| Q4 25 | 82.5% | 31.8% | ||
| Q3 25 | 86.6% | 34.7% | ||
| Q2 25 | 82.4% | 30.4% | ||
| Q1 25 | 77.7% | 30.0% | ||
| Q4 24 | 82.8% | 36.2% | ||
| Q3 24 | 87.5% | 34.3% | ||
| Q2 24 | 81.6% | 32.0% | ||
| Q1 24 | 77.6% | 32.7% |
营业利润率ABNBHZO
| Q4 25 | 9.7% | 1.0% | ||
| Q3 25 | 39.7% | 2.5% | ||
| Q2 25 | 19.8% | -6.3% | ||
| Q1 25 | 1.7% | 3.6% | ||
| Q4 24 | 17.3% | 8.3% | ||
| Q3 24 | 40.9% | 4.8% | ||
| Q2 24 | 18.1% | 8.1% | ||
| Q1 24 | 4.7% | 3.7% |
净利率ABNBHZO
| Q4 25 | 12.3% | -1.6% | ||
| Q3 25 | 33.6% | -0.2% | ||
| Q2 25 | 20.7% | -7.9% | ||
| Q1 25 | 6.8% | 0.5% | ||
| Q4 24 | 18.6% | 3.9% | ||
| Q3 24 | 36.7% | 0.7% | ||
| Q2 24 | 20.2% | 4.2% | ||
| Q1 24 | 12.3% | 0.3% |
每股收益（稀释后）ABNBHZO
| Q4 25 | — | $-0.36 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $-2.42 | ||
| Q1 25 | — | $0.14 | ||
| Q4 24 | — | $0.77 | ||
| Q3 24 | — | $0.17 | ||
| Q2 24 | — | $1.37 | ||
| Q1 24 | — | $0.07 |
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 | $164.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $932.8M |
| 总资产 | $22.2B | $2.4B |
| 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ABNBHZO
| Q4 25 | $11.0B | $164.6M | ||
| Q3 25 | $11.7B | $170.4M | ||
| Q2 25 | $11.4B | $151.0M | ||
| Q1 25 | $11.5B | $203.5M | ||
| Q4 24 | $10.6B | $145.0M | ||
| Q3 24 | $11.3B | $224.3M | ||
| Q2 24 | $11.3B | $242.4M | ||
| Q1 24 | $11.1B | $216.7M |
总债务ABNBHZO
| Q4 25 | — | — | ||
| Q3 25 | — | $393.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $391.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABNBHZO
| Q4 25 | $8.2B | $932.8M | ||
| Q3 25 | $8.6B | $937.2M | ||
| Q2 25 | $7.8B | $940.5M | ||
| Q1 25 | $7.9B | $993.4M | ||
| Q4 24 | $8.4B | $993.5M | ||
| Q3 24 | $8.5B | $975.8M | ||
| Q2 24 | $8.0B | $967.6M | ||
| Q1 24 | $7.9B | $931.3M |
总资产ABNBHZO
| Q4 25 | $22.2B | $2.4B | ||
| Q3 25 | $23.1B | $2.5B | ||
| Q2 25 | $27.0B | $2.5B | ||
| Q1 25 | $25.1B | $2.7B | ||
| Q4 24 | $21.0B | $2.6B | ||
| Q3 24 | $22.2B | $2.6B | ||
| Q2 24 | $26.3B | $2.6B | ||
| Q1 24 | $24.5B | $2.6B |
负债/权益比ABNBHZO
| Q4 25 | — | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $16.9M |
| 自由现金流经营现金流 - 资本支出 | — | $8.3M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 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 | — | $184.7M |
8季度趋势，按日历期对齐
经营现金流ABNBHZO
| Q4 25 | $526.0M | $16.9M | ||
| Q3 25 | $1.4B | $61.5M | ||
| Q2 25 | $975.0M | $84.9M | ||
| Q1 25 | $1.8B | $72.5M | ||
| Q4 24 | $466.0M | $-146.1M | ||
| Q3 24 | $1.1B | $-782.0K | ||
| Q2 24 | $1.1B | $86.3M | ||
| Q1 24 | $1.9B | $-22.1M |
自由现金流ABNBHZO
| Q4 25 | — | $8.3M | ||
| Q3 25 | — | $48.0M | ||
| Q2 25 | — | $68.5M | ||
| Q1 25 | — | $59.8M | ||
| Q4 24 | — | $-164.4M | ||
| Q3 24 | — | $-17.5M | ||
| Q2 24 | — | $71.1M | ||
| Q1 24 | — | $-37.3M |
自由现金流率ABNBHZO
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 8.7% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | -35.1% | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | -6.4% |
资本支出强度ABNBHZO
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.6% |
现金转化率ABNBHZO
| Q4 25 | 1.54× | — | ||
| Q3 25 | 0.99× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 11.62× | 21.97× | ||
| Q4 24 | 1.01× | -8.09× | ||
| Q3 24 | 0.79× | -0.20× | ||
| Q2 24 | 1.89× | 2.74× | ||
| Q1 24 | 7.28× | -13.92× |
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% |
HZO
暂无分部数据
