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爱彼迎（ABNB）与ROCKY BRANDS, INC.（RCKY）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ROCKY BRANDS, INC.的19.9倍（$2.8B vs $139.7M）。爱彼迎净利率更高（12.3% vs 4.7%，领先7.6%）。爱彼迎同比增速更快（12.0% vs 9.1%）。过去两年爱彼迎的营收复合增速更高（13.9% vs 11.2%）
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。
洛基品牌公司（原洛基鞋靴公司）1932年创立于俄亥俄州纳尔逊维尔，总部至今仍设于该地。公司主营户外、工装、西部风格及军用鞋靴的设计研发、生产与销售，同时也推出各类户外与工装服饰及周边配件。
ABNB vs RCKY — 直观对比
营收规模更大
ABNB
是对方的19.9倍
$139.7M
营收增速更快
ABNB
高出2.9%
9.1%
净利率更高
ABNB
高出7.6%
4.7%
两年增速更快
ABNB
近两年复合增速
11.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $139.7M |
| 净利润 | $341.0M | $6.5M |
| 毛利率 | 82.5% | 41.3% |
| 营业利润率 | 9.7% | 6.9% |
| 净利率 | 12.3% | 4.7% |
| 营收同比 | 12.0% | 9.1% |
| 净利润同比 | -26.0% | 35.7% |
| 每股收益（稀释后） | — | $0.86 |
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ABNBRCKY
| Q4 25 | $2.8B | $139.7M | ||
| Q3 25 | $4.1B | $122.5M | ||
| Q2 25 | $3.1B | $105.6M | ||
| Q1 25 | $2.3B | $114.1M | ||
| Q4 24 | $2.5B | $128.1M | ||
| Q3 24 | $3.7B | $114.6M | ||
| Q2 24 | $2.7B | $98.3M | ||
| Q1 24 | $2.1B | $112.9M |
净利润ABNBRCKY
| Q4 25 | $341.0M | $6.5M | ||
| Q3 25 | $1.4B | $7.2M | ||
| Q2 25 | $642.0M | $3.6M | ||
| Q1 25 | $154.0M | $4.9M | ||
| Q4 24 | $461.0M | $4.8M | ||
| Q3 24 | $1.4B | $5.3M | ||
| Q2 24 | $555.0M | $-1.2M | ||
| Q1 24 | $264.0M | $2.5M |
毛利率ABNBRCKY
| Q4 25 | 82.5% | 41.3% | ||
| Q3 25 | 86.6% | 40.2% | ||
| Q2 25 | 82.4% | 41.0% | ||
| Q1 25 | 77.7% | 41.2% | ||
| Q4 24 | 82.8% | 41.5% | ||
| Q3 24 | 87.5% | 38.1% | ||
| Q2 24 | 81.6% | 38.7% | ||
| Q1 24 | 77.6% | 39.1% |
营业利润率ABNBRCKY
| Q4 25 | 9.7% | 6.9% | ||
| Q3 25 | 39.7% | 9.6% | ||
| Q2 25 | 19.8% | 6.8% | ||
| Q1 25 | 1.7% | 7.6% | ||
| Q4 24 | 17.3% | 6.6% | ||
| Q3 24 | 40.9% | 8.8% | ||
| Q2 24 | 18.1% | 4.6% | ||
| Q1 24 | 4.7% | 7.1% |
净利率ABNBRCKY
| Q4 25 | 12.3% | 4.7% | ||
| Q3 25 | 33.6% | 5.9% | ||
| Q2 25 | 20.7% | 3.4% | ||
| Q1 25 | 6.8% | 4.3% | ||
| Q4 24 | 18.6% | 3.7% | ||
| Q3 24 | 36.7% | 4.6% | ||
| Q2 24 | 20.2% | -1.3% | ||
| Q1 24 | 12.3% | 2.3% |
每股收益（稀释后）ABNBRCKY
| Q4 25 | — | $0.86 | ||
| Q3 25 | — | $0.96 | ||
| Q2 25 | — | $0.48 | ||
| Q1 25 | — | $0.66 | ||
| Q4 24 | — | $0.65 | ||
| Q3 24 | — | $0.70 | ||
| Q2 24 | — | $-0.17 | ||
| Q1 24 | — | $0.34 |
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 | $2.9M |
| 总债务越低越好 | — | $122.6M |
| 股东权益账面价值 | $8.2B | $252.1M |
| 总资产 | $22.2B | $477.5M |
| 负债/权益比越低杠杆越低 | — | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资ABNBRCKY
| Q4 25 | $11.0B | $2.9M | ||
| Q3 25 | $11.7B | $3.3M | ||
| Q2 25 | $11.4B | $2.8M | ||
| Q1 25 | $11.5B | $2.6M | ||
| Q4 24 | $10.6B | $3.7M | ||
| Q3 24 | $11.3B | $3.7M | ||
| Q2 24 | $11.3B | $4.1M | ||
| Q1 24 | $11.1B | $3.1M |
总债务ABNBRCKY
| Q4 25 | — | $122.6M | ||
| Q3 25 | — | $139.0M | ||
| Q2 25 | — | $132.5M | ||
| Q1 25 | — | $128.6M | ||
| Q4 24 | — | $128.7M | ||
| Q3 24 | — | $150.3M | ||
| Q2 24 | — | $152.4M | ||
| Q1 24 | — | $156.0M |
股东权益ABNBRCKY
| Q4 25 | $8.2B | $252.1M | ||
| Q3 25 | $8.6B | $246.1M | ||
| Q2 25 | $7.8B | $239.1M | ||
| Q1 25 | $7.9B | $236.2M | ||
| Q4 24 | $8.4B | $232.2M | ||
| Q3 24 | $8.5B | $228.3M | ||
| Q2 24 | $8.0B | $223.8M | ||
| Q1 24 | $7.9B | $225.3M |
总资产ABNBRCKY
| Q4 25 | $22.2B | $477.5M | ||
| Q3 25 | $23.1B | $494.0M | ||
| Q2 25 | $27.0B | $471.0M | ||
| Q1 25 | $25.1B | $468.2M | ||
| Q4 24 | $21.0B | $457.3M | ||
| Q3 24 | $22.2B | $475.0M | ||
| Q2 24 | $26.3B | $467.9M | ||
| Q1 24 | $24.5B | $466.5M |
负债/权益比ABNBRCKY
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.55× | ||
| Q1 25 | — | 0.54× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.69× |
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 | $17.6M |
| 自由现金流经营现金流 - 资本支出 | — | $16.7M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | — | 0.6% |
| 现金转化率经营现金流/净利润 | 1.54× | 2.70× |
| 过去12个月自由现金流最近4个季度 | — | $9.7M |
8季度趋势，按日历期对齐
经营现金流ABNBRCKY
| Q4 25 | $526.0M | $17.6M | ||
| Q3 25 | $1.4B | $-3.3M | ||
| Q2 25 | $975.0M | $812.0K | ||
| Q1 25 | $1.8B | $1.2M | ||
| Q4 24 | $466.0M | $24.4M | ||
| Q3 24 | $1.1B | $4.5M | ||
| Q2 24 | $1.1B | $6.5M | ||
| Q1 24 | $1.9B | $17.4M |
自由现金流ABNBRCKY
| Q4 25 | — | $16.7M | ||
| Q3 25 | — | $-5.2M | ||
| Q2 25 | — | $-2.4M | ||
| Q1 25 | — | $529.0K | ||
| Q4 24 | — | $22.9M | ||
| Q3 24 | — | $3.5M | ||
| Q2 24 | — | $4.6M | ||
| Q1 24 | — | $17.1M |
自由现金流率ABNBRCKY
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | -4.2% | ||
| Q2 25 | — | -2.2% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 17.9% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | 15.2% |
资本支出强度ABNBRCKY
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 0.2% |
现金转化率ABNBRCKY
| Q4 25 | 1.54× | 2.70× | ||
| Q3 25 | 0.99× | -0.46× | ||
| Q2 25 | 1.52× | 0.23× | ||
| Q1 25 | 11.62× | 0.25× | ||
| Q4 24 | 1.01× | 5.08× | ||
| Q3 24 | 0.79× | 0.85× | ||
| Q2 24 | 1.89× | — | ||
| Q1 24 | 7.28× | 6.82× |
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% |
RCKY
| Wholesale | $79.6M | 57% |
| Retail1 | $57.0M | 41% |
| Contract Manufacturing | $3.2M | 2% |
