vs
Advantage Solutions Inc.（ADV）与万事达卡（MA）财务数据对比。点击上方公司名可切换其他公司
万事达卡的季度营收约是Advantage Solutions Inc.的9.4倍（$8.8B vs $932.1M）。万事达卡净利率更高（46.1% vs -17.4%，领先63.5%）。万事达卡同比增速更快（17.6% vs 4.5%）。万事达卡自由现金流更多（$4.9B vs $23.4M）。过去两年万事达卡的营收复合增速更高（17.8% vs 4.0%）
该公司是一家全球数据与分析企业，为众多行业提供数据技术服务、分析工具、预测洞察与欺诈防范方案，总部位于佐治亚州阿尔法利塔，在美国全境以及澳大利亚、巴西、中国、法国、中国香港、印度、爱尔兰、以色列、菲律宾、英国均设有办公地点。
万事达卡是总部位于美国纽约帕切斯的跨国支付卡服务企业，核心业务为处理商户收单银行与持卡人发卡机构之间的支付交易，同时提供旗下品牌借记卡、信用卡、预付卡及相关配套支付服务，服务网络覆盖全球，于2006年公开上市。
ADV vs MA — 直观对比
营收规模更大
MA
是对方的9.4倍
$932.1M
营收增速更快
MA
高出13.1%
4.5%
净利率更高
MA
高出63.5%
-17.4%
自由现金流更多
MA
多$4.9B
$23.4M
两年增速更快
MA
近两年复合增速
4.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $932.1M | $8.8B |
| 净利润 | $-161.7M | $4.1B |
| 毛利率 | — | — |
| 营业利润率 | -17.4% | 55.8% |
| 净利率 | -17.4% | 46.1% |
| 营收同比 | 4.5% | 17.6% |
| 净利润同比 | 9.2% | 21.5% |
| 每股收益（稀释后） | — | $4.52 |
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ADVMA
| Q4 25 | $932.1M | $8.8B | ||
| Q3 25 | $915.0M | $8.6B | ||
| Q2 25 | $873.7M | $8.1B | ||
| Q1 25 | $821.8M | $7.3B | ||
| Q4 24 | $892.3M | $7.5B | ||
| Q3 24 | $939.3M | $7.4B | ||
| Q2 24 | $873.4M | $7.0B | ||
| Q1 24 | $861.4M | $6.3B |
净利润ADVMA
| Q4 25 | $-161.7M | $4.1B | ||
| Q3 25 | $20.6M | $3.9B | ||
| Q2 25 | $-30.4M | $3.7B | ||
| Q1 25 | $-56.1M | $3.3B | ||
| Q4 24 | $-178.0M | $3.3B | ||
| Q3 24 | $-42.8M | $3.3B | ||
| Q2 24 | $-100.8M | $3.3B | ||
| Q1 24 | $-5.3M | $3.0B |
营业利润率ADVMA
| Q4 25 | -17.4% | 55.8% | ||
| Q3 25 | 4.4% | 58.8% | ||
| Q2 25 | 1.1% | 58.7% | ||
| Q1 25 | -1.8% | 57.2% | ||
| Q4 24 | -19.1% | 52.6% | ||
| Q3 24 | -0.3% | 54.3% | ||
| Q2 24 | -10.4% | 58.0% | ||
| Q1 24 | -3.5% | 56.8% |
净利率ADVMA
| Q4 25 | -17.4% | 46.1% | ||
| Q3 25 | 2.2% | 45.7% | ||
| Q2 25 | -3.5% | 45.5% | ||
| Q1 25 | -6.8% | 45.2% | ||
| Q4 24 | -20.0% | 44.6% | ||
| Q3 24 | -4.6% | 44.3% | ||
| Q2 24 | -11.5% | 46.8% | ||
| Q1 24 | -0.6% | 47.4% |
每股收益（稀释后）ADVMA
| Q4 25 | — | $4.52 | ||
| Q3 25 | — | $4.34 | ||
| Q2 25 | — | $4.07 | ||
| Q1 25 | — | $3.59 | ||
| Q4 24 | — | $3.64 | ||
| Q3 24 | $-0.13 | $3.53 | ||
| Q2 24 | $-0.31 | $3.50 | ||
| Q1 24 | $-0.02 | $3.22 |
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 | $240.8M | $10.6B |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $554.0M | $7.7B |
| 总资产 | $2.8B | $54.2B |
| 负债/权益比越低杠杆越低 | 3.05× | — |
8季度趋势，按日历期对齐
现金及短期投资ADVMA
| Q4 25 | $240.8M | $10.6B | ||
| Q3 25 | $201.1M | $10.3B | ||
| Q2 25 | $102.9M | $9.0B | ||
| Q1 25 | $121.1M | $7.6B | ||
| Q4 24 | $205.2M | $8.4B | ||
| Q3 24 | $196.1M | $11.1B | ||
| Q2 24 | $154.0M | $7.0B | ||
| Q1 24 | $112.3M | $7.3B |
总债务ADVMA
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ADVMA
| Q4 25 | $554.0M | $7.7B | ||
| Q3 25 | $708.5M | $7.9B | ||
| Q2 25 | $683.6M | $7.9B | ||
| Q1 25 | $695.6M | $6.7B | ||
| Q4 24 | $748.7M | $6.5B | ||
| Q3 24 | $932.5M | $7.4B | ||
| Q2 24 | $973.7M | $7.4B | ||
| Q1 24 | $1.1B | $7.2B |
总资产ADVMA
| Q4 25 | $2.8B | $54.2B | ||
| Q3 25 | $3.0B | $53.3B | ||
| Q2 25 | $3.0B | $51.4B | ||
| Q1 25 | $3.0B | $48.5B | ||
| Q4 24 | $3.1B | $48.1B | ||
| Q3 24 | $3.4B | $47.2B | ||
| Q2 24 | $3.5B | $42.3B | ||
| Q1 24 | $3.6B | $42.6B |
负债/权益比ADVMA
| Q4 25 | 3.05× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.30× | — | ||
| 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 | $45.6M | $5.0B |
| 自由现金流经营现金流 - 资本支出 | $23.4M | $4.9B |
| 自由现金流率自由现金流/营收 | 2.5% | 55.5% |
| 资本支出强度资本支出/营收 | 2.4% | 1.3% |
| 现金转化率经营现金流/净利润 | — | 1.23× |
| 过去12个月自由现金流最近4个季度 | $10.7M | $17.2B |
8季度趋势，按日历期对齐
经营现金流ADVMA
| Q4 25 | $45.6M | $5.0B | ||
| Q3 25 | $63.6M | $5.7B | ||
| Q2 25 | $-8.1M | $4.6B | ||
| Q1 25 | $-39.6M | $2.4B | ||
| Q4 24 | $15.1M | $4.8B | ||
| Q3 24 | $34.0M | $5.1B | ||
| Q2 24 | $53.4M | $3.1B | ||
| Q1 24 | $-9.4M | $1.7B |
自由现金流ADVMA
| Q4 25 | $23.4M | $4.9B | ||
| Q3 25 | $52.2M | $5.5B | ||
| Q2 25 | $-10.2M | $4.6B | ||
| Q1 25 | $-54.7M | $2.2B | ||
| Q4 24 | $-27.4M | $4.7B | ||
| Q3 24 | $8.6M | $5.0B | ||
| Q2 24 | $43.8M | $3.0B | ||
| Q1 24 | $-24.8M | $1.5B |
自由现金流率ADVMA
| Q4 25 | 2.5% | 55.5% | ||
| Q3 25 | 5.7% | 63.8% | ||
| Q2 25 | -1.2% | 56.1% | ||
| Q1 25 | -6.7% | 30.6% | ||
| Q4 24 | -3.1% | 63.3% | ||
| Q3 24 | 0.9% | 68.2% | ||
| Q2 24 | 5.0% | 43.4% | ||
| Q1 24 | -2.9% | 23.9% |
资本支出强度ADVMA
| Q4 25 | 2.4% | 1.3% | ||
| Q3 25 | 1.3% | 2.1% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 4.8% | 1.3% | ||
| Q3 24 | 2.7% | 1.5% | ||
| Q2 24 | 1.1% | 1.7% | ||
| Q1 24 | 1.8% | 2.5% |
现金转化率ADVMA
| Q4 25 | — | 1.23× | ||
| Q3 25 | 3.09× | 1.44× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 0.73× | ||
| Q4 24 | — | 1.45× | ||
| Q3 24 | — | 1.57× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 0.56× |
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
ADV
| Experiential Services | $395.9M | 42% |
| Branded Services | $289.8M | 31% |
| Retailer Services | $246.5M | 26% |
MA
| Payment Network | $4.9B | 56% |
| Value Added Services And Solutions | $3.9B | 44% |
