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亚马逊（AMZN）与Andersons, Inc.（ANDE）财务数据对比。点击上方公司名可切换其他公司
亚马逊的季度营收约是Andersons, Inc.的647.6倍（$213.4B vs $329.5M）。Andersons, Inc.净利率更高（20.5% vs 9.9%，领先10.5%）。亚马逊同比增速更快（13.6% vs -2.4%）。亚马逊自由现金流更多（$14.9B vs $-77.1M）。过去两年亚马逊的营收复合增速更高（22.0% vs -1.8%）
亚马逊是全球知名的综合电商与科技企业，业务覆盖北美及全球多个地区，设有北美零售、国际零售、亚马逊云科技（AWS）三大业务板块。除运营线上线下零售渠道、提供消费商品售卖与订阅服务外，也为第三方卖家提供销售平台，还自主研发销售Kindle、Fire平板等电子设备。
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
AMZN vs ANDE — 直观对比
营收规模更大
AMZN
是对方的647.6倍
$329.5M
营收增速更快
AMZN
高出16.0%
-2.4%
净利率更高
ANDE
高出10.5%
9.9%
自由现金流更多
AMZN
多$15.0B
$-77.1M
两年增速更快
AMZN
近两年复合增速
-1.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $329.5M |
| 净利润 | $21.2B | $67.4M |
| 毛利率 | 48.5% | 70.3% |
| 营业利润率 | 11.7% | 26.6% |
| 净利率 | 9.9% | 20.5% |
| 营收同比 | 13.6% | -2.4% |
| 净利润同比 | 5.9% | 49.6% |
| 每股收益（稀释后） | $1.95 | — |
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AMZNANDE
| Q4 25 | $213.4B | $329.5M | ||
| Q3 25 | $180.2B | $295.8M | ||
| Q2 25 | $167.7B | $535.0M | ||
| Q1 25 | $155.7B | $370.8M | ||
| Q4 24 | $187.8B | $337.5M | ||
| Q3 24 | $158.9B | $231.9M | ||
| Q2 24 | $148.0B | $492.5M | ||
| Q1 24 | $143.3B | $341.4M |
净利润AMZNANDE
| Q4 25 | $21.2B | $67.4M | ||
| Q3 25 | $21.2B | $20.1M | ||
| Q2 25 | $18.2B | $7.9M | ||
| Q1 25 | $17.1B | $284.0K | ||
| Q4 24 | $20.0B | $45.1M | ||
| Q3 24 | $15.3B | $27.4M | ||
| Q2 24 | $13.5B | $36.0M | ||
| Q1 24 | $10.4B | $5.6M |
毛利率AMZNANDE
| Q4 25 | 48.5% | 70.3% | ||
| Q3 25 | 50.8% | 57.8% | ||
| Q2 25 | 51.8% | 29.6% | ||
| Q1 25 | 50.6% | 41.2% | ||
| Q4 24 | 47.3% | 63.1% | ||
| Q3 24 | 49.0% | 76.4% | ||
| Q2 24 | 50.1% | 35.6% | ||
| Q1 24 | 49.3% | 37.6% |
营业利润率AMZNANDE
| Q4 25 | 11.7% | 26.6% | ||
| Q3 25 | 9.7% | 8.7% | ||
| Q2 25 | 11.4% | 4.6% | ||
| Q1 25 | 11.8% | 0.9% | ||
| Q4 24 | 11.3% | 19.9% | ||
| Q3 24 | 11.0% | 26.8% | ||
| Q2 24 | 9.9% | 11.6% | ||
| Q1 24 | 10.7% | 4.1% |
净利率AMZNANDE
| Q4 25 | 9.9% | 20.5% | ||
| Q3 25 | 11.8% | 6.8% | ||
| Q2 25 | 10.8% | 1.5% | ||
| Q1 25 | 11.0% | 0.1% | ||
| Q4 24 | 10.7% | 13.4% | ||
| Q3 24 | 9.6% | 11.8% | ||
| Q2 24 | 9.1% | 7.3% | ||
| Q1 24 | 7.3% | 1.6% |
每股收益（稀释后）AMZNANDE
| Q4 25 | $1.95 | — | ||
| Q3 25 | $1.95 | $0.59 | ||
| Q2 25 | $1.68 | $0.23 | ||
| Q1 25 | $1.59 | $0.01 | ||
| Q4 24 | $1.86 | $1.31 | ||
| Q3 24 | $1.43 | $0.80 | ||
| Q2 24 | $1.26 | $1.05 | ||
| Q1 24 | $0.98 | $0.16 |
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 | $123.0B | $98.3M |
| 总债务越低越好 | $68.8B | $560.0M |
| 股东权益账面价值 | $411.1B | $1.2B |
| 总资产 | $818.0B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资AMZNANDE
| Q4 25 | $123.0B | $98.3M | ||
| Q3 25 | $94.2B | — | ||
| Q2 25 | $93.2B | — | ||
| Q1 25 | $94.6B | — | ||
| Q4 24 | $101.2B | $561.8M | ||
| Q3 24 | $88.1B | — | ||
| Q2 24 | $89.1B | — | ||
| Q1 24 | $85.1B | — |
总债务AMZNANDE
| Q4 25 | $68.8B | $560.0M | ||
| Q3 25 | $55.1B | — | ||
| Q2 25 | $56.1B | — | ||
| Q1 25 | $58.8B | — | ||
| Q4 24 | $58.0B | $608.2M | ||
| Q3 24 | $60.5B | — | ||
| Q2 24 | $62.7B | — | ||
| Q1 24 | $66.9B | — |
股东权益AMZNANDE
| Q4 25 | $411.1B | $1.2B | ||
| Q3 25 | $369.6B | $1.2B | ||
| Q2 25 | $333.8B | $1.4B | ||
| Q1 25 | $305.9B | $1.4B | ||
| Q4 24 | $286.0B | $1.4B | ||
| Q3 24 | $259.2B | $1.3B | ||
| Q2 24 | $236.4B | $1.3B | ||
| Q1 24 | $216.7B | $1.3B |
总资产AMZNANDE
| Q4 25 | $818.0B | $3.7B | ||
| Q3 25 | $727.9B | $3.3B | ||
| Q2 25 | $682.2B | $3.4B | ||
| Q1 25 | $643.3B | $3.8B | ||
| Q4 24 | $624.9B | $4.1B | ||
| Q3 24 | $584.6B | $3.4B | ||
| Q2 24 | $554.8B | $3.3B | ||
| Q1 24 | $531.0B | $3.3B |
负债/权益比AMZNANDE
| Q4 25 | 0.17× | 0.45× | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | 0.45× | ||
| Q3 24 | 0.23× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.31× | — |
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 | $54.5B | $-6.2M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $-77.1M |
| 自由现金流率自由现金流/营收 | 7.0% | -23.4% |
| 资本支出强度资本支出/营收 | 18.5% | 21.5% |
| 现金转化率经营现金流/净利润 | 2.57× | -0.09× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $-56.1M |
8季度趋势，按日历期对齐
经营现金流AMZNANDE
| Q4 25 | $54.5B | $-6.2M | ||
| Q3 25 | $35.5B | $233.9M | ||
| Q2 25 | $32.5B | $299.3M | ||
| Q1 25 | $17.0B | $-350.0M | ||
| Q4 24 | $45.6B | $268.8M | ||
| Q3 24 | $26.0B | $-2.1M | ||
| Q2 24 | $25.3B | $304.4M | ||
| Q1 24 | $19.0B | $-239.6M |
自由现金流AMZNANDE
| Q4 25 | $14.9B | $-77.1M | ||
| Q3 25 | $430.0M | $167.0M | ||
| Q2 25 | $332.0M | $250.5M | ||
| Q1 25 | $-8.0B | $-396.6M | ||
| Q4 24 | $17.8B | $212.9M | ||
| Q3 24 | $3.4B | $-40.0M | ||
| Q2 24 | $7.7B | $275.8M | ||
| Q1 24 | $4.1B | $-266.4M |
自由现金流率AMZNANDE
| Q4 25 | 7.0% | -23.4% | ||
| Q3 25 | 0.2% | 56.5% | ||
| Q2 25 | 0.2% | 46.8% | ||
| Q1 25 | -5.1% | -106.9% | ||
| Q4 24 | 9.5% | 63.1% | ||
| Q3 24 | 2.1% | -17.2% | ||
| Q2 24 | 5.2% | 56.0% | ||
| Q1 24 | 2.8% | -78.0% |
资本支出强度AMZNANDE
| Q4 25 | 18.5% | 21.5% | ||
| Q3 25 | 19.5% | 22.6% | ||
| Q2 25 | 19.2% | 9.1% | ||
| Q1 25 | 16.1% | 12.6% | ||
| Q4 24 | 14.8% | 16.6% | ||
| Q3 24 | 14.2% | 16.3% | ||
| Q2 24 | 11.9% | 5.8% | ||
| Q1 24 | 10.4% | 7.8% |
现金转化率AMZNANDE
| Q4 25 | 2.57× | -0.09× | ||
| Q3 25 | 1.68× | 11.61× | ||
| Q2 25 | 1.79× | 38.10× | ||
| Q1 25 | 0.99× | -1232.46× | ||
| Q4 24 | 2.28× | 5.96× | ||
| Q3 24 | 1.69× | -0.08× | ||
| Q2 24 | 1.87× | 8.46× | ||
| Q1 24 | 1.82× | -42.94× |
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
AMZN
| Products | $90.0B | 42% |
| Third Party Seller Services | $52.8B | 25% |
| Other | $49.9B | 23% |
| Subscription Services | $13.1B | 6% |
| Physical Stores | $5.9B | 3% |
| Other Services | $1.7B | 1% |
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
