vs
雅培（ABT）与Warby Parker Inc.（WRBY）财务数据对比。点击上方公司名可切换其他公司
雅培的季度营收约是Warby Parker Inc.的54.1倍（$11.5B vs $212.0M）。雅培净利率更高（15.5% vs -2.8%，领先18.3%）。Warby Parker Inc.同比增速更快（11.2% vs 4.4%）。雅培自由现金流更多（$2.6B vs $8.1M）。过去两年雅培的营收复合增速更高（7.2% vs 2.9%）
雅培是总部位于美国伊利诺伊州雅培园的跨国医疗健康企业，业务覆盖美国境外市场药品销售、诊断产品、营养产品及医疗器械等板块，在全球医疗健康领域拥有较高的行业知名度与广泛的市场覆盖。
Warby Parker是总部位于纽约的美国眼镜品牌零售商，主营处方眼镜、隐形眼镜及太阳镜，还提供验光服务。品牌2010年创立之初仅在线上运营，目前约三分之二的收入来自276家线下实体门店，其中271家位于美国，5家位于加拿大，品牌未来计划开设900家门店，现有消费者规模228万，客单价约263美元。
ABT vs WRBY — 直观对比
营收规模更大
ABT
是对方的54.1倍
$212.0M
营收增速更快
WRBY
高出6.8%
4.4%
净利率更高
ABT
高出18.3%
-2.8%
自由现金流更多
ABT
多$2.6B
$8.1M
两年增速更快
ABT
近两年复合增速
2.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $11.5B | $212.0M |
| 净利润 | $1.8B | $-6.0M |
| 毛利率 | 57.0% | 52.4% |
| 营业利润率 | 19.6% | -3.2% |
| 净利率 | 15.5% | -2.8% |
| 营收同比 | 4.4% | 11.2% |
| 净利润同比 | -80.8% | 13.4% |
| 每股收益（稀释后） | $1.01 | $-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ABTWRBY
| Q4 25 | $11.5B | $212.0M | ||
| Q3 25 | $11.4B | $221.7M | ||
| Q2 25 | $11.1B | $214.5M | ||
| Q1 25 | $10.4B | $223.8M | ||
| Q4 24 | $11.0B | $190.6M | ||
| Q3 24 | $10.6B | $192.4M | ||
| Q2 24 | $10.4B | $188.2M | ||
| Q1 24 | $10.0B | $200.0M |
净利润ABTWRBY
| Q4 25 | $1.8B | $-6.0M | ||
| Q3 25 | $1.6B | $5.9M | ||
| Q2 25 | $1.8B | $-1.8M | ||
| Q1 25 | $1.3B | $3.5M | ||
| Q4 24 | $9.2B | $-6.9M | ||
| Q3 24 | $1.6B | $-4.1M | ||
| Q2 24 | $1.3B | $-6.8M | ||
| Q1 24 | $1.2B | $-2.7M |
毛利率ABTWRBY
| Q4 25 | 57.0% | 52.4% | ||
| Q3 25 | 55.4% | 54.1% | ||
| Q2 25 | 56.4% | 53.0% | ||
| Q1 25 | 56.9% | 56.3% | ||
| Q4 24 | 55.0% | 54.1% | ||
| Q3 24 | 55.8% | 54.5% | ||
| Q2 24 | 55.6% | 56.0% | ||
| Q1 24 | 55.2% | 56.7% |
营业利润率ABTWRBY
| Q4 25 | 19.6% | -3.2% | ||
| Q3 25 | 18.1% | 1.6% | ||
| Q2 25 | 18.4% | -2.1% | ||
| Q1 25 | 16.3% | 1.1% | ||
| Q4 24 | 17.4% | -4.9% | ||
| Q3 24 | 17.5% | -3.4% | ||
| Q2 24 | 16.1% | -4.8% | ||
| Q1 24 | 13.9% | -2.6% |
净利率ABTWRBY
| Q4 25 | 15.5% | -2.8% | ||
| Q3 25 | 14.5% | 2.6% | ||
| Q2 25 | 16.0% | -0.8% | ||
| Q1 25 | 12.8% | 1.6% | ||
| Q4 24 | 84.1% | -3.6% | ||
| Q3 24 | 15.5% | -2.1% | ||
| Q2 24 | 12.5% | -3.6% | ||
| Q1 24 | 12.3% | -1.3% |
每股收益（稀释后）ABTWRBY
| Q4 25 | $1.01 | $-0.06 | ||
| Q3 25 | $0.94 | $0.05 | ||
| Q2 25 | $1.01 | $-0.01 | ||
| Q1 25 | $0.76 | $0.03 | ||
| Q4 24 | $5.26 | $-0.06 | ||
| Q3 24 | $0.94 | $-0.03 | ||
| Q2 24 | $0.74 | $-0.06 | ||
| Q1 24 | $0.70 | $-0.02 |
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 | $8.9B | $286.4M |
| 总债务越低越好 | $12.9B | — |
| 股东权益账面价值 | $52.1B | $367.7M |
| 总资产 | $86.7B | $720.9M |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资ABTWRBY
| Q4 25 | $8.9B | $286.4M | ||
| Q3 25 | $7.7B | $280.4M | ||
| Q2 25 | $7.3B | $286.4M | ||
| Q1 25 | $6.8B | $265.1M | ||
| Q4 24 | $8.0B | $254.2M | ||
| Q3 24 | $7.8B | $251.0M | ||
| Q2 24 | $7.2B | $238.0M | ||
| Q1 24 | $6.7B | $220.4M |
总债务ABTWRBY
| Q4 25 | $12.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $14.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ABTWRBY
| Q4 25 | $52.1B | $367.7M | ||
| Q3 25 | $51.0B | $369.6M | ||
| Q2 25 | $50.6B | $361.5M | ||
| Q1 25 | $48.8B | $354.1M | ||
| Q4 24 | $47.7B | $340.1M | ||
| Q3 24 | $39.8B | $336.8M | ||
| Q2 24 | $39.3B | $329.4M | ||
| Q1 24 | $38.8B | $316.2M |
总资产ABTWRBY
| Q4 25 | $86.7B | $720.9M | ||
| Q3 25 | $84.2B | $706.9M | ||
| Q2 25 | $84.0B | $701.9M | ||
| Q1 25 | $81.4B | $682.8M | ||
| Q4 24 | $81.4B | $676.5M | ||
| Q3 24 | $74.4B | $638.0M | ||
| Q2 24 | $73.0B | $618.2M | ||
| Q1 24 | $72.5B | $592.9M |
负债/权益比ABTWRBY
| Q4 25 | 0.25× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.30× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $3.3B | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $2.6B | $8.1M |
| 自由现金流率自由现金流/营收 | 22.9% | 3.8% |
| 资本支出强度资本支出/营收 | 6.0% | 7.1% |
| 现金转化率经营现金流/净利润 | 1.87× | — |
| 过去12个月自由现金流最近4个季度 | $7.4B | $43.7M |
8季度趋势，按日历期对齐
经营现金流ABTWRBY
| Q4 25 | $3.3B | $23.3M | ||
| Q3 25 | $2.8B | $18.0M | ||
| Q2 25 | $2.0B | $40.2M | ||
| Q1 25 | $1.4B | $29.4M | ||
| Q4 24 | $2.9B | $19.9M | ||
| Q3 24 | $2.7B | $27.3M | ||
| Q2 24 | $2.0B | $31.6M | ||
| Q1 24 | $1.0B | $19.9M |
自由现金流ABTWRBY
| Q4 25 | $2.6B | $8.1M | ||
| Q3 25 | $2.3B | $-1.5M | ||
| Q2 25 | $1.5B | $23.9M | ||
| Q1 25 | $933.0M | $13.2M | ||
| Q4 24 | $2.1B | $2.2M | ||
| Q3 24 | $2.1B | $13.1M | ||
| Q2 24 | $1.4B | $14.0M | ||
| Q1 24 | $627.0M | $5.5M |
自由现金流率ABTWRBY
| Q4 25 | 22.9% | 3.8% | ||
| Q3 25 | 20.2% | -0.7% | ||
| Q2 25 | 13.9% | 11.1% | ||
| Q1 25 | 9.0% | 5.9% | ||
| Q4 24 | 19.6% | 1.1% | ||
| Q3 24 | 20.2% | 6.8% | ||
| Q2 24 | 13.8% | 7.4% | ||
| Q1 24 | 6.3% | 2.7% |
资本支出强度ABTWRBY
| Q4 25 | 6.0% | 7.1% | ||
| Q3 25 | 4.4% | 8.8% | ||
| Q2 25 | 4.5% | 7.6% | ||
| Q1 25 | 4.7% | 7.2% | ||
| Q4 24 | 6.6% | 9.3% | ||
| Q3 24 | 5.2% | 7.4% | ||
| Q2 24 | 5.1% | 9.4% | ||
| Q1 24 | 4.0% | 7.2% |
现金转化率ABTWRBY
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.70× | 3.06× | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.07× | 8.46× | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 1.64× | — | ||
| Q2 24 | 1.51× | — | ||
| Q1 24 | 0.84× | — |
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
ABT
暂无分部数据
WRBY
| Retail | $155.2M | 73% |
| E Commerce | $56.8M | 27% |
