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爱彼迎（ABNB）与Masco（MAS）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Masco的1.4倍（$2.8B vs $1.9B），爱彼迎净利率更高（12.3% vs 11.9%，领先0.4%），爱彼迎同比增速更快（12.0% vs 6.5%），过去两年爱彼迎的营收复合增速更高（13.9% vs -4.2%）
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。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
ABNB vs MAS — 直观对比
营收规模更大
ABNB
是对方的1.4倍
$1.9B
营收增速更快
ABNB
高出5.5%
6.5%
净利率更高
ABNB
高出0.4%
11.9%
两年增速更快
ABNB
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.9B |
| 净利润 | $341.0M | $228.0M |
| 毛利率 | 82.5% | 35.8% |
| 营业利润率 | 9.7% | 16.5% |
| 净利率 | 12.3% | 11.9% |
| 营收同比 | 12.0% | 6.5% |
| 净利润同比 | -26.0% | 14.5% |
| 每股收益（稀释后） | — | — |
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ABNBMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.8B | $1.8B | ||
| Q3 25 | $4.1B | $1.9B | ||
| Q2 25 | $3.1B | $2.1B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $2.7B | $2.1B |
净利润ABNBMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $341.0M | $165.0M | ||
| Q3 25 | $1.4B | $189.0M | ||
| Q2 25 | $642.0M | $270.0M | ||
| Q1 25 | $154.0M | $186.0M | ||
| Q4 24 | $461.0M | $182.0M | ||
| Q3 24 | $1.4B | $167.0M | ||
| Q2 24 | $555.0M | $258.0M |
毛利率ABNBMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 82.5% | 33.9% | ||
| Q3 25 | 86.6% | 34.2% | ||
| Q2 25 | 82.4% | 37.6% | ||
| Q1 25 | 77.7% | 35.8% | ||
| Q4 24 | 82.8% | 34.8% | ||
| Q3 24 | 87.5% | 36.6% | ||
| Q2 24 | 81.6% | 37.5% |
营业利润率ABNBMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 9.7% | 13.8% | ||
| Q3 25 | 39.7% | 15.8% | ||
| Q2 25 | 19.8% | 20.1% | ||
| Q1 25 | 1.7% | 15.9% | ||
| Q4 24 | 17.3% | 15.9% | ||
| Q3 24 | 40.9% | 18.0% | ||
| Q2 24 | 18.1% | 19.0% |
净利率ABNBMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 12.3% | 9.2% | ||
| Q3 25 | 33.6% | 9.9% | ||
| Q2 25 | 20.7% | 13.2% | ||
| Q1 25 | 6.8% | 10.3% | ||
| Q4 24 | 18.6% | 10.0% | ||
| Q3 24 | 36.7% | 8.4% | ||
| Q2 24 | 20.2% | 12.3% |
每股收益（稀释后）ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.90 | ||
| Q2 25 | — | $1.28 | ||
| Q1 25 | — | $0.87 | ||
| Q4 24 | — | $0.85 | ||
| Q3 24 | — | $0.77 | ||
| Q2 24 | — | $1.17 |
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 | — | $2.9B |
| 股东权益账面价值 | $8.2B | $27.0M |
| 总资产 | $22.2B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | $11.0B | $647.0M | ||
| Q3 25 | $11.7B | $559.0M | ||
| Q2 25 | $11.4B | $390.0M | ||
| Q1 25 | $11.5B | $377.0M | ||
| Q4 24 | $10.6B | $634.0M | ||
| Q3 24 | $11.3B | $646.0M | ||
| Q2 24 | $11.3B | $398.0M |
总债务ABNBMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ABNBMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $8.2B | $-185.0M | ||
| Q3 25 | $8.6B | $-78.0M | ||
| Q2 25 | $7.8B | $-84.0M | ||
| Q1 25 | $7.9B | $-254.0M | ||
| Q4 24 | $8.4B | $-279.0M | ||
| Q3 24 | $8.5B | $-88.0M | ||
| Q2 24 | $8.0B | $-26.0M |
总资产ABNBMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $22.2B | $5.2B | ||
| Q3 25 | $23.1B | $5.3B | ||
| Q2 25 | $27.0B | $5.3B | ||
| Q1 25 | $25.1B | $5.1B | ||
| Q4 24 | $21.0B | $5.0B | ||
| Q3 24 | $22.2B | $5.3B | ||
| Q2 24 | $26.3B | $5.4B |
负债/权益比ABNBMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | $526.0M | $418.0M | ||
| Q3 25 | $1.4B | $456.0M | ||
| Q2 25 | $975.0M | $306.0M | ||
| Q1 25 | $1.8B | $-158.0M | ||
| Q4 24 | $466.0M | $407.0M | ||
| Q3 24 | $1.1B | $416.0M | ||
| Q2 24 | $1.1B | $346.0M |
自由现金流ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $371.0M | ||
| Q3 25 | — | $415.0M | ||
| Q2 25 | — | $270.0M | ||
| Q1 25 | — | $-190.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $378.0M | ||
| Q2 24 | — | $303.0M |
自由现金流率ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 20.7% | ||
| Q3 25 | — | 21.6% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | -10.5% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 19.1% | ||
| Q2 24 | — | 14.5% |
资本支出强度ABNBMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 2.1% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.1% |
现金转化率ABNBMAS
| Q1 26 | — | — | ||
| Q4 25 | 1.54× | 2.53× | ||
| Q3 25 | 0.99× | 2.41× | ||
| Q2 25 | 1.52× | 1.13× | ||
| Q1 25 | 11.62× | -0.85× | ||
| Q4 24 | 1.01× | 2.24× | ||
| Q3 24 | 0.79× | 2.49× | ||
| Q2 24 | 1.89× | 1.34× |
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% |
MAS
暂无分部数据
