vs
豪瑞（AMRZ）与Expeditors International（EXPD）财务数据对比。点击上方公司名可切换其他公司
豪瑞的季度营收约是Expeditors International的1.3倍（$3.7B vs $2.9B），豪瑞净利率更高（14.8% vs 7.0%，领先7.8%），豪瑞同比增速更快（6.6% vs -3.3%），豪瑞自由现金流更多（$669.0M vs $270.3M）
豪瑞是总部位于瑞士的全球领先建筑材料及骨料供应商，为豪瑞集团旗下核心业务板块。原公司于2015年7月10日与拉法基合并组建拉法基豪瑞，2021年正式更名为豪瑞集团，合并完成后豪瑞品牌仍在集团内正常运营。
美国财富500强物流服务企业，总部位于华盛顿州贝尔维尤，依托覆盖六大洲100余个国家超340个网点的全球网络及统一集成的技术系统，为客户提供高度优化的定制化供应链解决方案。
AMRZ vs EXPD — 直观对比
营收规模更大
AMRZ
是对方的1.3倍
$2.9B
营收增速更快
AMRZ
高出10.0%
-3.3%
净利率更高
AMRZ
高出7.8%
7.0%
自由现金流更多
AMRZ
多$398.7M
$270.3M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $2.9B |
| 净利润 | $545.0M | $200.7M |
| 毛利率 | 29.6% | — |
| 营业利润率 | 21.2% | 8.8% |
| 净利率 | 14.8% | 7.0% |
| 营收同比 | 6.6% | -3.3% |
| 净利润同比 | -1.4% | -14.9% |
| 每股收益（稀释后） | $0.98 | $1.50 |
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AMRZEXPD
| Q4 25 | — | $2.9B | ||
| Q3 25 | $3.7B | $2.9B | ||
| Q2 25 | $3.2B | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | $3.4B | $3.0B | ||
| Q2 24 | $3.2B | $2.4B | ||
| Q1 24 | — | $2.2B |
净利润AMRZEXPD
| Q4 25 | — | $200.7M | ||
| Q3 25 | $545.0M | $222.3M | ||
| Q2 25 | $429.0M | $183.6M | ||
| Q1 25 | — | $203.8M | ||
| Q4 24 | — | $235.9M | ||
| Q3 24 | $553.0M | $229.6M | ||
| Q2 24 | $474.0M | $175.5M | ||
| Q1 24 | — | $169.2M |
毛利率AMRZEXPD
| Q4 25 | — | — | ||
| Q3 25 | 29.6% | — | ||
| Q2 25 | 30.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 30.2% | — | ||
| Q2 24 | 30.2% | — | ||
| Q1 24 | — | — |
营业利润率AMRZEXPD
| Q4 25 | — | 8.8% | ||
| Q3 25 | 21.2% | 10.0% | ||
| Q2 25 | 20.8% | 9.3% | ||
| Q1 25 | — | 10.0% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | 24.5% | 10.1% | ||
| Q2 24 | 23.3% | 9.2% | ||
| Q1 24 | — | 9.7% |
净利率AMRZEXPD
| Q4 25 | — | 7.0% | ||
| Q3 25 | 14.8% | 7.7% | ||
| Q2 25 | 13.3% | 6.9% | ||
| Q1 25 | — | 7.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | 16.0% | 7.7% | ||
| Q2 24 | 14.6% | 7.2% | ||
| Q1 24 | — | 7.7% |
每股收益（稀释后）AMRZEXPD
| Q4 25 | — | $1.50 | ||
| Q3 25 | $0.98 | $1.64 | ||
| Q2 25 | $0.78 | $1.34 | ||
| Q1 25 | — | $1.47 | ||
| Q4 24 | — | $1.68 | ||
| Q3 24 | $1.00 | $1.63 | ||
| Q2 24 | $0.86 | $1.24 | ||
| Q1 24 | — | $1.17 |
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 | $826.0M | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $12.9B | $2.4B |
| 总资产 | $24.0B | $4.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMRZEXPD
| Q4 25 | — | $1.3B | ||
| Q3 25 | $826.0M | $1.2B | ||
| Q2 25 | $601.0M | $1.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.4B |
股东权益AMRZEXPD
| Q4 25 | — | $2.4B | ||
| Q3 25 | $12.9B | $2.3B | ||
| Q2 25 | $12.4B | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | $9.8B | $2.4B | ||
| Q2 24 | $9.3B | $2.2B | ||
| Q1 24 | — | $2.2B |
总资产AMRZEXPD
| Q4 25 | — | $4.9B | ||
| Q3 25 | $24.0B | $4.8B | ||
| Q2 25 | $23.8B | $4.8B | ||
| Q1 25 | — | $4.8B | ||
| Q4 24 | — | $4.8B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.5B |
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 | $854.0M | $283.3M |
| 自由现金流经营现金流 - 资本支出 | $669.0M | $270.3M |
| 自由现金流率自由现金流/营收 | 18.2% | 9.5% |
| 资本支出强度资本支出/营收 | 5.0% | 0.5% |
| 现金转化率经营现金流/净利润 | 1.57× | 1.41× |
| 过去12个月自由现金流最近4个季度 | — | $953.4M |
8季度趋势，按日历期对齐
经营现金流AMRZEXPD
| Q4 25 | — | $283.3M | ||
| Q3 25 | $854.0M | $201.4M | ||
| Q2 25 | — | $179.2M | ||
| Q1 25 | — | $342.6M | ||
| Q4 24 | — | $249.7M | ||
| Q3 24 | — | $90.0M | ||
| Q2 24 | — | $126.8M | ||
| Q1 24 | — | $256.9M |
自由现金流AMRZEXPD
| Q4 25 | — | $270.3M | ||
| Q3 25 | $669.0M | $190.3M | ||
| Q2 25 | — | $163.3M | ||
| Q1 25 | — | $329.5M | ||
| Q4 24 | — | $239.7M | ||
| Q3 24 | — | $77.7M | ||
| Q2 24 | — | $118.8M | ||
| Q1 24 | — | $246.7M |
自由现金流率AMRZEXPD
| Q4 25 | — | 9.5% | ||
| Q3 25 | 18.2% | 6.6% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 12.4% | ||
| Q4 24 | — | 8.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 4.9% | ||
| Q1 24 | — | 11.2% |
资本支出强度AMRZEXPD
| Q4 25 | — | 0.5% | ||
| Q3 25 | 5.0% | 0.4% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.5% |
现金转化率AMRZEXPD
| Q4 25 | — | 1.41× | ||
| Q3 25 | 1.57× | 0.91× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.68× | ||
| Q4 24 | — | 1.06× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.72× | ||
| Q1 24 | — | 1.52× |
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
AMRZ
| Building Materials | $2.8B | 75% |
| Building Envelope | $901.0M | 25% |
| Equity Method Investee | $5.0M | 0% |
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
