vs
爱彼迎（ABNB）与Ovintiv Inc.（OVV）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Ovintiv Inc.的1.4倍（$2.8B vs $2.1B），Ovintiv Inc.净利率更高（46.1% vs 12.3%，领先33.8%），爱彼迎同比增速更快（12.0% vs -6.0%），过去两年爱彼迎的营收复合增速更高（13.9% vs -7.2%）
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。
Ovintiv Inc.是一家总部位于美国丹佛的石油企业，前身为加拿大能源公司Encana，于2020年通过重组正式成立，主营石油、天然气的勘探、开发与生产业务，在北美能源领域拥有丰富的运营经验及市场积累。
ABNB vs OVV — 直观对比
营收规模更大
ABNB
是对方的1.4倍
$2.1B
营收增速更快
ABNB
高出18.0%
-6.0%
净利率更高
OVV
高出33.8%
12.3%
两年增速更快
ABNB
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $2.1B |
| 净利润 | $341.0M | $946.0M |
| 毛利率 | 82.5% | — |
| 营业利润率 | 9.7% | 21.2% |
| 净利率 | 12.3% | 46.1% |
| 营收同比 | 12.0% | -6.0% |
| 净利润同比 | -26.0% | 1676.7% |
| 每股收益（稀释后） | — | $3.64 |
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ABNBOVV
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $4.1B | $2.0B | ||
| Q2 25 | $3.1B | $2.2B | ||
| Q1 25 | $2.3B | $2.4B | ||
| Q4 24 | $2.5B | $2.2B | ||
| Q3 24 | $3.7B | $2.2B | ||
| Q2 24 | $2.7B | $2.2B | ||
| Q1 24 | $2.1B | $2.4B |
净利润ABNBOVV
| Q4 25 | $341.0M | $946.0M | ||
| Q3 25 | $1.4B | $148.0M | ||
| Q2 25 | $642.0M | $307.0M | ||
| Q1 25 | $154.0M | $-159.0M | ||
| Q4 24 | $461.0M | $-60.0M | ||
| Q3 24 | $1.4B | $507.0M | ||
| Q2 24 | $555.0M | $340.0M | ||
| Q1 24 | $264.0M | $338.0M |
毛利率ABNBOVV
| 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ABNBOVV
| Q4 25 | 9.7% | 21.2% | ||
| Q3 25 | 39.7% | 13.5% | ||
| Q2 25 | 19.8% | 23.1% | ||
| Q1 25 | 1.7% | -3.7% | ||
| Q4 24 | 17.3% | 0.1% | ||
| Q3 24 | 40.9% | 24.2% | ||
| Q2 24 | 18.1% | 25.4% | ||
| Q1 24 | 4.7% | 20.7% |
净利率ABNBOVV
| Q4 25 | 12.3% | 46.1% | ||
| Q3 25 | 33.6% | 7.3% | ||
| Q2 25 | 20.7% | 13.9% | ||
| Q1 25 | 6.8% | -6.7% | ||
| Q4 24 | 18.6% | -2.7% | ||
| Q3 24 | 36.7% | 23.3% | ||
| Q2 24 | 20.2% | 15.5% | ||
| Q1 24 | 12.3% | 14.2% |
每股收益（稀释后）ABNBOVV
| Q4 25 | — | $3.64 | ||
| Q3 25 | — | $0.57 | ||
| Q2 25 | — | $1.18 | ||
| Q1 25 | — | $-0.61 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | — | $1.92 | ||
| Q2 24 | — | $1.27 | ||
| Q1 24 | — | $1.24 |
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 | $280.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $8.2B | $11.2B |
| 总资产 | $22.2B | $20.4B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资ABNBOVV
| Q4 25 | $11.0B | $280.0M | ||
| Q3 25 | $11.7B | $25.0M | ||
| Q2 25 | $11.4B | $20.0M | ||
| Q1 25 | $11.5B | $8.0M | ||
| Q4 24 | $10.6B | $42.0M | ||
| Q3 24 | $11.3B | $9.0M | ||
| Q2 24 | $11.3B | $8.0M | ||
| Q1 24 | $11.1B | $5.0M |
总债务ABNBOVV
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.2B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.2B |
股东权益ABNBOVV
| Q4 25 | $8.2B | $11.2B | ||
| Q3 25 | $8.6B | $10.2B | ||
| Q2 25 | $7.8B | $10.4B | ||
| Q1 25 | $7.9B | $10.1B | ||
| Q4 24 | $8.4B | $10.3B | ||
| Q3 24 | $8.5B | $10.7B | ||
| Q2 24 | $8.0B | $10.3B | ||
| Q1 24 | $7.9B | $10.3B |
总资产ABNBOVV
| Q4 25 | $22.2B | $20.4B | ||
| Q3 25 | $23.1B | $19.4B | ||
| Q2 25 | $27.0B | $19.7B | ||
| Q1 25 | $25.1B | $19.6B | ||
| Q4 24 | $21.0B | $19.3B | ||
| Q3 24 | $22.2B | $19.9B | ||
| Q2 24 | $26.3B | $19.8B | ||
| Q1 24 | $24.5B | $19.8B |
负债/权益比ABNBOVV
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.60× |
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 | $954.0M |
| 自由现金流经营现金流 - 资本支出 | — | $489.0M |
| 自由现金流率自由现金流/营收 | — | 23.8% |
| 资本支出强度资本支出/营收 | — | 22.6% |
| 现金转化率经营现金流/净利润 | 1.54× | 1.01× |
| 过去12个月自由现金流最近4个季度 | — | $1.5B |
8季度趋势，按日历期对齐
经营现金流ABNBOVV
| Q4 25 | $526.0M | $954.0M | ||
| Q3 25 | $1.4B | $812.0M | ||
| Q2 25 | $975.0M | $1.0B | ||
| Q1 25 | $1.8B | $873.0M | ||
| Q4 24 | $466.0M | $1.0B | ||
| Q3 24 | $1.1B | $1.0B | ||
| Q2 24 | $1.1B | $1.0B | ||
| Q1 24 | $1.9B | $659.0M |
自由现金流ABNBOVV
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M | ||
| Q1 24 | — | $68.0M |
自由现金流率ABNBOVV
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 2.8% |
资本支出强度ABNBOVV
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.8% |
现金转化率ABNBOVV
| Q4 25 | 1.54× | 1.01× | ||
| Q3 25 | 0.99× | 5.49× | ||
| Q2 25 | 1.52× | 3.30× | ||
| Q1 25 | 11.62× | — | ||
| Q4 24 | 1.01× | — | ||
| Q3 24 | 0.79× | 2.02× | ||
| Q2 24 | 1.89× | 3.00× | ||
| Q1 24 | 7.28× | 1.95× |
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% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
