vs
爱彼迎（ABNB）与Mister Car Wash, Inc.（MCW）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Mister Car Wash, Inc.的10.6倍（$2.8B vs $261.2M）。爱彼迎净利率更高（12.3% vs 7.7%，领先4.6%）。爱彼迎同比增速更快（12.0% vs 4.0%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 4.5%）
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。
棕熊洗车是总部位于美国华盛顿州的连锁洗车品牌，1957年在西雅图成立，截至2021年拥有49家门店，是美国排名第12位的大型洗车连锁企业，在当地洗车服务市场拥有较高的市场认可度。
ABNB vs MCW — 直观对比
营收规模更大
ABNB
是对方的10.6倍
$261.2M
营收增速更快
ABNB
高出8.0%
4.0%
净利率更高
ABNB
高出4.6%
7.7%
两年增速更快
ABNB
近两年复合增速
4.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $261.2M |
| 净利润 | $341.0M | $20.1M |
| 毛利率 | 82.5% | — |
| 营业利润率 | 9.7% | 15.8% |
| 净利率 | 12.3% | 7.7% |
| 营收同比 | 12.0% | 4.0% |
| 净利润同比 | -26.0% | 118.9% |
| 每股收益（稀释后） | — | $0.06 |
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ABNBMCW
| Q4 25 | $2.8B | $261.2M | ||
| Q3 25 | $4.1B | $263.4M | ||
| Q2 25 | $3.1B | $265.4M | ||
| Q1 25 | $2.3B | $261.7M | ||
| Q4 24 | $2.5B | $251.2M | ||
| Q3 24 | $3.7B | $249.3M | ||
| Q2 24 | $2.7B | $255.0M | ||
| Q1 24 | $2.1B | $239.2M |
净利润ABNBMCW
| Q4 25 | $341.0M | $20.1M | ||
| Q3 25 | $1.4B | $27.4M | ||
| Q2 25 | $642.0M | $28.6M | ||
| Q1 25 | $154.0M | $27.0M | ||
| Q4 24 | $461.0M | $9.2M | ||
| Q3 24 | $1.4B | $22.3M | ||
| Q2 24 | $555.0M | $22.1M | ||
| Q1 24 | $264.0M | $16.6M |
毛利率ABNBMCW
| 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ABNBMCW
| Q4 25 | 9.7% | 15.8% | ||
| Q3 25 | 39.7% | 19.7% | ||
| Q2 25 | 19.8% | 20.4% | ||
| Q1 25 | 1.7% | 20.2% | ||
| Q4 24 | 17.3% | 12.7% | ||
| Q3 24 | 40.9% | 19.9% | ||
| Q2 24 | 18.1% | 21.6% | ||
| Q1 24 | 4.7% | 17.8% |
净利率ABNBMCW
| Q4 25 | 12.3% | 7.7% | ||
| Q3 25 | 33.6% | 10.4% | ||
| Q2 25 | 20.7% | 10.8% | ||
| Q1 25 | 6.8% | 10.3% | ||
| Q4 24 | 18.6% | 3.7% | ||
| Q3 24 | 36.7% | 9.0% | ||
| Q2 24 | 20.2% | 8.7% | ||
| Q1 24 | 12.3% | 7.0% |
每股收益（稀释后）ABNBMCW
| Q4 25 | — | $0.06 | ||
| Q3 25 | — | $0.08 | ||
| Q2 25 | — | $0.09 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $0.02 | ||
| Q3 24 | — | $0.07 | ||
| Q2 24 | — | $0.07 | ||
| Q1 24 | — | $0.05 |
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 | $11.0B | $28.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $1.1B |
| 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ABNBMCW
| Q4 25 | $11.0B | $28.4M | ||
| Q3 25 | $11.7B | $35.7M | ||
| Q2 25 | $11.4B | $26.4M | ||
| Q1 25 | $11.5B | $39.1M | ||
| Q4 24 | $10.6B | $67.5M | ||
| Q3 24 | $11.3B | $16.5M | ||
| Q2 24 | $11.3B | $3.6M | ||
| Q1 24 | $11.1B | $10.7M |
股东权益ABNBMCW
| Q4 25 | $8.2B | $1.1B | ||
| Q3 25 | $8.6B | $1.1B | ||
| Q2 25 | $7.8B | $1.1B | ||
| Q1 25 | $7.9B | $1.0B | ||
| Q4 24 | $8.4B | $998.4M | ||
| Q3 24 | $8.5B | $979.4M | ||
| Q2 24 | $8.0B | $949.4M | ||
| Q1 24 | $7.9B | $928.7M |
总资产ABNBMCW
| Q4 25 | $22.2B | $3.2B | ||
| Q3 25 | $23.1B | $3.1B | ||
| Q2 25 | $27.0B | $3.1B | ||
| Q1 25 | $25.1B | $3.1B | ||
| Q4 24 | $21.0B | $3.1B | ||
| Q3 24 | $22.2B | $3.0B | ||
| Q2 24 | $26.3B | $3.0B | ||
| Q1 24 | $24.5B | $2.9B |
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 | $60.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-16.8M |
| 自由现金流率自由现金流/营收 | — | -6.4% |
| 资本支出强度资本支出/营收 | — | 29.4% |
| 现金转化率经营现金流/净利润 | 1.54× | 2.99× |
| 过去12个月自由现金流最近4个季度 | — | $30.3M |
8季度趋势，按日历期对齐
经营现金流ABNBMCW
| Q4 25 | $526.0M | $60.0M | ||
| Q3 25 | $1.4B | $91.4M | ||
| Q2 25 | $975.0M | $46.8M | ||
| Q1 25 | $1.8B | $87.5M | ||
| Q4 24 | $466.0M | $49.8M | ||
| Q3 24 | $1.1B | $80.0M | ||
| Q2 24 | $1.1B | $60.9M | ||
| Q1 24 | $1.9B | $58.0M |
自由现金流ABNBMCW
| Q4 25 | — | $-16.8M | ||
| Q3 25 | — | $25.8M | ||
| Q2 25 | — | $-11.2M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | — | $-20.4M | ||
| Q3 24 | — | $-16.8M | ||
| Q2 24 | — | $-20.4M | ||
| Q1 24 | — | $-23.9M |
自由现金流率ABNBMCW
| Q4 25 | — | -6.4% | ||
| Q3 25 | — | 9.8% | ||
| Q2 25 | — | -4.2% | ||
| Q1 25 | — | 12.4% | ||
| Q4 24 | — | -8.1% | ||
| Q3 24 | — | -6.8% | ||
| Q2 24 | — | -8.0% | ||
| Q1 24 | — | -10.0% |
资本支出强度ABNBMCW
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 24.9% | ||
| Q2 25 | — | 21.9% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 27.9% | ||
| Q3 24 | — | 38.8% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | 34.2% |
现金转化率ABNBMCW
| Q4 25 | 1.54× | 2.99× | ||
| Q3 25 | 0.99× | 3.33× | ||
| Q2 25 | 1.52× | 1.64× | ||
| Q1 25 | 11.62× | 3.24× | ||
| Q4 24 | 1.01× | 5.43× | ||
| Q3 24 | 0.79× | 3.58× | ||
| Q2 24 | 1.89× | 2.76× | ||
| Q1 24 | 7.28× | 3.49× |
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% |
MCW
| Transferred Over Time | $205.7M | 79% |
| Transferred At Point In Time | $55.2M | 21% |
