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爱彼迎（ABNB）与RPM INTERNATIONAL INC（RPM）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RPM INTERNATIONAL INC的1.5倍（$2.8B vs $1.9B），爱彼迎净利率更高（12.3% vs 8.4%，领先3.8%），爱彼迎同比增速更快（12.0% vs 3.5%），过去两年爱彼迎的营收复合增速更高（13.9% vs 12.0%）
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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
ABNB vs RPM — 直观对比
营收规模更大
ABNB
是对方的1.5倍
$1.9B
营收增速更快
ABNB
高出8.5%
3.5%
净利率更高
ABNB
高出3.8%
8.4%
两年增速更快
ABNB
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $1.9B |
| 净利润 | $341.0M | $161.2M |
| 毛利率 | 82.5% | 40.8% |
| 营业利润率 | 9.7% | 11.0% |
| 净利率 | 12.3% | 8.4% |
| 营收同比 | 12.0% | 3.5% |
| 净利润同比 | -26.0% | -12.0% |
| 每股收益（稀释后） | — | $1.26 |
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ABNBRPM
| Q4 25 | $2.8B | $1.9B | ||
| Q3 25 | $4.1B | $2.1B | ||
| Q2 25 | $3.1B | $2.1B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $2.7B | $2.0B | ||
| Q1 24 | $2.1B | $1.5B |
净利润ABNBRPM
| Q4 25 | $341.0M | $161.2M | ||
| Q3 25 | $1.4B | $227.6M | ||
| Q2 25 | $642.0M | $225.8M | ||
| Q1 25 | $154.0M | $52.0M | ||
| Q4 24 | $461.0M | $183.2M | ||
| Q3 24 | $1.4B | $227.7M | ||
| Q2 24 | $555.0M | $180.6M | ||
| Q1 24 | $264.0M | $61.2M |
毛利率ABNBRPM
| Q4 25 | 82.5% | 40.8% | ||
| Q3 25 | 86.6% | 42.3% | ||
| Q2 25 | 82.4% | 42.4% | ||
| Q1 25 | 77.7% | 38.4% | ||
| Q4 24 | 82.8% | 41.4% | ||
| Q3 24 | 87.5% | 42.5% | ||
| Q2 24 | 81.6% | 41.4% | ||
| Q1 24 | 77.6% | 39.9% |
营业利润率ABNBRPM
| Q4 25 | 9.7% | 11.0% | ||
| Q3 25 | 39.7% | 14.1% | ||
| Q2 25 | 19.8% | 11.9% | ||
| Q1 25 | 1.7% | 2.8% | ||
| Q4 24 | 17.3% | 11.5% | ||
| Q3 24 | 40.9% | 14.8% | ||
| Q2 24 | 18.1% | 11.9% | ||
| Q1 24 | 4.7% | 5.5% |
净利率ABNBRPM
| Q4 25 | 12.3% | 8.4% | ||
| Q3 25 | 33.6% | 10.8% | ||
| Q2 25 | 20.7% | 10.8% | ||
| Q1 25 | 6.8% | 3.5% | ||
| Q4 24 | 18.6% | 9.9% | ||
| Q3 24 | 36.7% | 11.6% | ||
| Q2 24 | 20.2% | 9.0% | ||
| Q1 24 | 12.3% | 4.0% |
每股收益（稀释后）ABNBRPM
| Q4 25 | — | $1.26 | ||
| Q3 25 | — | $1.77 | ||
| Q2 25 | — | $1.76 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $1.42 | ||
| Q3 24 | — | $1.77 | ||
| Q2 24 | — | $1.40 | ||
| Q1 24 | — | $0.47 |
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 | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $8.2B | $3.1B |
| 总资产 | $22.2B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资ABNBRPM
| Q4 25 | $11.0B | $316.6M | ||
| Q3 25 | $11.7B | $297.1M | ||
| Q2 25 | $11.4B | $302.1M | ||
| Q1 25 | $11.5B | $241.9M | ||
| Q4 24 | $10.6B | $268.7M | ||
| Q3 24 | $11.3B | $231.6M | ||
| Q2 24 | $11.3B | $237.4M | ||
| Q1 24 | $11.1B | $248.9M |
总债务ABNBRPM
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益ABNBRPM
| Q4 25 | $8.2B | $3.1B | ||
| Q3 25 | $8.6B | $3.1B | ||
| Q2 25 | $7.8B | $2.9B | ||
| Q1 25 | $7.9B | $2.7B | ||
| Q4 24 | $8.4B | $2.7B | ||
| Q3 24 | $8.5B | $2.6B | ||
| Q2 24 | $8.0B | $2.5B | ||
| Q1 24 | $7.9B | $2.3B |
总资产ABNBRPM
| Q4 25 | $22.2B | $7.9B | ||
| Q3 25 | $23.1B | $7.9B | ||
| Q2 25 | $27.0B | $7.8B | ||
| Q1 25 | $25.1B | $6.6B | ||
| Q4 24 | $21.0B | $6.7B | ||
| Q3 24 | $22.2B | $6.6B | ||
| Q2 24 | $26.3B | $6.6B | ||
| Q1 24 | $24.5B | $6.4B |
负债/权益比ABNBRPM
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | — | $296.4M |
| 自由现金流率自由现金流/营收 | — | 15.5% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 1.54× | 2.14× |
| 过去12个月自由现金流最近4个季度 | — | $582.9M |
8季度趋势，按日历期对齐
经营现金流ABNBRPM
| Q4 25 | $526.0M | $345.7M | ||
| Q3 25 | $1.4B | $237.5M | ||
| Q2 25 | $975.0M | $149.2M | ||
| Q1 25 | $1.8B | $91.5M | ||
| Q4 24 | $466.0M | $279.4M | ||
| Q3 24 | $1.1B | $248.1M | ||
| Q2 24 | $1.1B | $181.2M | ||
| Q1 24 | $1.9B | $173.4M |
自由现金流ABNBRPM
| Q4 25 | — | $296.4M | ||
| Q3 25 | — | $175.0M | ||
| Q2 25 | — | $78.2M | ||
| Q1 25 | — | $33.3M | ||
| Q4 24 | — | $229.5M | ||
| Q3 24 | — | $197.3M | ||
| Q2 24 | — | $105.3M | ||
| Q1 24 | — | $124.6M |
自由现金流率ABNBRPM
| Q4 25 | — | 15.5% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 3.8% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 5.2% | ||
| Q1 24 | — | 8.2% |
资本支出强度ABNBRPM
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | 3.2% |
现金转化率ABNBRPM
| Q4 25 | 1.54× | 2.14× | ||
| Q3 25 | 0.99× | 1.04× | ||
| Q2 25 | 1.52× | 0.66× | ||
| Q1 25 | 11.62× | 1.76× | ||
| Q4 24 | 1.01× | 1.53× | ||
| Q3 24 | 0.79× | 1.09× | ||
| Q2 24 | 1.89× | 1.00× | ||
| Q1 24 | 7.28× | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
