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爱彼迎（ABNB）与O’Reilly Automotive（ORLY）财务数据对比。点击上方公司名可切换其他公司
O’Reilly Automotive的季度营收约是爱彼迎的1.6倍（$4.4B vs $2.8B）。O’Reilly Automotive净利率更高（13.7% vs 12.3%，领先1.4%）。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 5.4%）
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。
O'Reilly Automotive是美国汽车配件零售企业，旗下主打O'Reilly Auto Parts品牌，1957年由奥莱利家族创立。公司面向专业汽修服务商及DIY车主供应汽车零部件、工具、耗材、设备及周边配件，目前在全美48州、波多黎各、墨西哥、加拿大共运营超过6400家门店。
ABNB vs ORLY — 直观对比
营收规模更大
ORLY
是对方的1.6倍
$2.8B
营收增速更快
ABNB
高出4.2%
7.8%
净利率更高
ORLY
高出1.4%
12.3%
两年增速更快
ABNB
近两年复合增速
5.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $4.4B |
| 净利润 | $341.0M | $605.2M |
| 毛利率 | 82.5% | 51.8% |
| 营业利润率 | 9.7% | 18.8% |
| 净利率 | 12.3% | 13.7% |
| 营收同比 | 12.0% | 7.8% |
| 净利润同比 | -26.0% | 9.8% |
| 每股收益（稀释后） | — | $-8.01 |
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ABNBORLY
| Q4 25 | $2.8B | $4.4B | ||
| Q3 25 | $4.1B | $4.7B | ||
| Q2 25 | $3.1B | $4.5B | ||
| Q1 25 | $2.3B | $4.1B | ||
| Q4 24 | $2.5B | $4.1B | ||
| Q3 24 | $3.7B | $4.4B | ||
| Q2 24 | $2.7B | $4.3B | ||
| Q1 24 | $2.1B | $4.0B |
净利润ABNBORLY
| Q4 25 | $341.0M | $605.2M | ||
| Q3 25 | $1.4B | $725.9M | ||
| Q2 25 | $642.0M | $668.6M | ||
| Q1 25 | $154.0M | $538.5M | ||
| Q4 24 | $461.0M | $551.1M | ||
| Q3 24 | $1.4B | $665.5M | ||
| Q2 24 | $555.0M | $622.8M | ||
| Q1 24 | $264.0M | $547.2M |
毛利率ABNBORLY
| Q4 25 | 82.5% | 51.8% | ||
| Q3 25 | 86.6% | 51.9% | ||
| Q2 25 | 82.4% | 51.4% | ||
| Q1 25 | 77.7% | 51.3% | ||
| Q4 24 | 82.8% | 51.3% | ||
| Q3 24 | 87.5% | 51.6% | ||
| Q2 24 | 81.6% | 50.7% | ||
| Q1 24 | 77.6% | 51.2% |
营业利润率ABNBORLY
| Q4 25 | 9.7% | 18.8% | ||
| Q3 25 | 39.7% | 20.7% | ||
| Q2 25 | 19.8% | 20.2% | ||
| Q1 25 | 1.7% | 17.9% | ||
| Q4 24 | 17.3% | 18.0% | ||
| Q3 24 | 40.9% | 20.5% | ||
| Q2 24 | 18.1% | 20.2% | ||
| Q1 24 | 4.7% | 18.9% |
净利率ABNBORLY
| Q4 25 | 12.3% | 13.7% | ||
| Q3 25 | 33.6% | 15.4% | ||
| Q2 25 | 20.7% | 14.8% | ||
| Q1 25 | 6.8% | 13.0% | ||
| Q4 24 | 18.6% | 13.5% | ||
| Q3 24 | 36.7% | 15.2% | ||
| Q2 24 | 20.2% | 14.6% | ||
| Q1 24 | 12.3% | 13.8% |
每股收益（稀释后）ABNBORLY
| Q4 25 | — | $-8.01 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | — | $0.78 | ||
| Q1 25 | — | $9.35 | ||
| Q4 24 | — | $9.50 | ||
| Q3 24 | — | $11.41 | ||
| Q2 24 | — | $10.55 | ||
| Q1 24 | — | $9.20 |
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 | $193.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $8.2B | $-763.4M |
| 总资产 | $22.2B | $16.5B |
| 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ABNBORLY
| Q4 25 | $11.0B | $193.8M | ||
| Q3 25 | $11.7B | $204.5M | ||
| Q2 25 | $11.4B | $198.6M | ||
| Q1 25 | $11.5B | $191.2M | ||
| Q4 24 | $10.6B | $130.2M | ||
| Q3 24 | $11.3B | $115.6M | ||
| Q2 24 | $11.3B | $145.0M | ||
| Q1 24 | $11.1B | $89.3M |
股东权益ABNBORLY
| Q4 25 | $8.2B | $-763.4M | ||
| Q3 25 | $8.6B | $-894.7M | ||
| Q2 25 | $7.8B | $-1.2B | ||
| Q1 25 | $7.9B | $-1.4B | ||
| Q4 24 | $8.4B | $-1.4B | ||
| Q3 24 | $8.5B | $-1.4B | ||
| Q2 24 | $8.0B | $-1.6B | ||
| Q1 24 | $7.9B | $-1.4B |
总资产ABNBORLY
| Q4 25 | $22.2B | $16.5B | ||
| Q3 25 | $23.1B | $16.3B | ||
| Q2 25 | $27.0B | $15.8B | ||
| Q1 25 | $25.1B | $15.3B | ||
| Q4 24 | $21.0B | $14.9B | ||
| Q3 24 | $22.2B | $14.6B | ||
| Q2 24 | $26.3B | $14.4B | ||
| Q1 24 | $24.5B | $14.2B |
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 | $633.5M |
| 自由现金流经营现金流 - 资本支出 | — | $364.5M |
| 自由现金流率自由现金流/营收 | — | 8.3% |
| 资本支出强度资本支出/营收 | — | 6.1% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.05× |
| 过去12个月自由现金流最近4个季度 | — | $1.6B |
8季度趋势，按日历期对齐
经营现金流ABNBORLY
| Q4 25 | $526.0M | $633.5M | ||
| Q3 25 | $1.4B | $616.5M | ||
| Q2 25 | $975.0M | $756.8M | ||
| Q1 25 | $1.8B | $755.1M | ||
| Q4 24 | $466.0M | $624.5M | ||
| Q3 24 | $1.1B | $772.0M | ||
| Q2 24 | $1.1B | $948.9M | ||
| Q1 24 | $1.9B | $704.2M |
自由现金流ABNBORLY
| Q4 25 | — | $364.5M | ||
| Q3 25 | — | $304.4M | ||
| Q2 25 | — | $456.1M | ||
| Q1 25 | — | $468.2M | ||
| Q4 24 | — | $334.0M | ||
| Q3 24 | — | $513.7M | ||
| Q2 24 | — | $723.5M | ||
| Q1 24 | — | $455.0M |
自由现金流率ABNBORLY
| Q4 25 | — | 8.3% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 11.3% | ||
| Q4 24 | — | 8.2% | ||
| Q3 24 | — | 11.8% | ||
| Q2 24 | — | 16.9% | ||
| Q1 24 | — | 11.4% |
资本支出强度ABNBORLY
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 6.6% | ||
| Q1 25 | — | 6.9% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | — | 5.3% | ||
| Q1 24 | — | 6.3% |
现金转化率ABNBORLY
| Q4 25 | 1.54× | 1.05× | ||
| Q3 25 | 0.99× | 0.85× | ||
| Q2 25 | 1.52× | 1.13× | ||
| Q1 25 | 11.62× | 1.40× | ||
| Q4 24 | 1.01× | 1.13× | ||
| Q3 24 | 0.79× | 1.16× | ||
| Q2 24 | 1.89× | 1.52× | ||
| Q1 24 | 7.28× | 1.29× |
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% |
ORLY
| DIY Customer | $2.2B | 49% |
| Professional Service Provider Customer | $2.1B | 49% |
| Other Customers And Sales Adjustments | $84.4M | 2% |
