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亚马逊（AMZN）与优尼威尔（DSGR）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优尼威尔的412.0倍（$213.4B vs $518.0M）。亚马逊净利率更高（9.9% vs 1.2%，领先8.7%）。亚马逊同比增速更快（13.6% vs 10.7%）。亚马逊自由现金流更多（$14.9B vs $32.9M）。过去两年亚马逊的营收复合增速更高（22.0% vs 13.1%）
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。
优尼威尔解决方案公司是一家全球化化学品与原料分销商，同时可为客户提供各类增值服务，业务网络覆盖全球多个地区，在化工及原料分销领域拥有丰富的行业经验与资源积累。
AMZN vs DSGR — 直观对比
营收规模更大
AMZN
是对方的412.0倍
$518.0M
营收增速更快
AMZN
高出3.0%
10.7%
净利率更高
AMZN
高出8.7%
1.2%
自由现金流更多
AMZN
多$14.9B
$32.9M
两年增速更快
AMZN
近两年复合增速
13.1%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $518.0M |
| 净利润 | $21.2B | $6.5M |
| 毛利率 | 48.5% | 32.9% |
| 营业利润率 | 11.7% | 4.6% |
| 净利率 | 9.9% | 1.2% |
| 营收同比 | 13.6% | 10.7% |
| 净利润同比 | 5.9% | -70.6% |
| 每股收益（稀释后） | $1.95 | $0.14 |
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AMZNDSGR
| Q4 25 | $213.4B | — | ||
| Q3 25 | $180.2B | $518.0M | ||
| Q2 25 | $167.7B | $502.4M | ||
| Q1 25 | $155.7B | $478.0M | ||
| Q4 24 | $187.8B | $480.5M | ||
| Q3 24 | $158.9B | $468.0M | ||
| Q2 24 | $148.0B | $439.5M | ||
| Q1 24 | $143.3B | $416.1M |
净利润AMZNDSGR
| Q4 25 | $21.2B | — | ||
| Q3 25 | $21.2B | $6.5M | ||
| Q2 25 | $18.2B | $5.0M | ||
| Q1 25 | $17.1B | $3.3M | ||
| Q4 24 | $20.0B | $-25.9M | ||
| Q3 24 | $15.3B | $21.9M | ||
| Q2 24 | $13.5B | $1.9M | ||
| Q1 24 | $10.4B | $-5.2M |
毛利率AMZNDSGR
| Q4 25 | 48.5% | — | ||
| Q3 25 | 50.8% | 32.9% | ||
| Q2 25 | 51.8% | 33.9% | ||
| Q1 25 | 50.6% | 34.3% | ||
| Q4 24 | 47.3% | 33.3% | ||
| Q3 24 | 49.0% | 33.9% | ||
| Q2 24 | 50.1% | 34.5% | ||
| Q1 24 | 49.3% | 34.5% |
营业利润率AMZNDSGR
| Q4 25 | 11.7% | — | ||
| Q3 25 | 9.7% | 4.6% | ||
| Q2 25 | 11.4% | 5.3% | ||
| Q1 25 | 11.8% | 4.2% | ||
| Q4 24 | 11.3% | 4.2% | ||
| Q3 24 | 11.0% | 4.0% | ||
| Q2 24 | 9.9% | 3.2% | ||
| Q1 24 | 10.7% | 0.7% |
净利率AMZNDSGR
| Q4 25 | 9.9% | — | ||
| Q3 25 | 11.8% | 1.2% | ||
| Q2 25 | 10.8% | 1.0% | ||
| Q1 25 | 11.0% | 0.7% | ||
| Q4 24 | 10.7% | -5.4% | ||
| Q3 24 | 9.6% | 4.7% | ||
| Q2 24 | 9.1% | 0.4% | ||
| Q1 24 | 7.3% | -1.3% |
每股收益（稀释后）AMZNDSGR
| Q4 25 | $1.95 | — | ||
| Q3 25 | $1.95 | $0.14 | ||
| Q2 25 | $1.68 | $0.11 | ||
| Q1 25 | $1.59 | $0.07 | ||
| Q4 24 | $1.86 | $-0.55 | ||
| Q3 24 | $1.43 | $0.46 | ||
| Q2 24 | $1.26 | $0.04 | ||
| Q1 24 | $0.98 | $-0.11 |
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 | $69.2M |
| 总债务越低越好 | $68.8B | $665.5M |
| 股东权益账面价值 | $411.1B | $653.9M |
| 总资产 | $818.0B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.17× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资AMZNDSGR
| Q4 25 | $123.0B | — | ||
| Q3 25 | $94.2B | $69.2M | ||
| Q2 25 | $93.2B | $47.4M | ||
| Q1 25 | $94.6B | $65.4M | ||
| Q4 24 | $101.2B | $66.5M | ||
| Q3 24 | $88.1B | $61.3M | ||
| Q2 24 | $89.1B | $46.8M | ||
| Q1 24 | $85.1B | $73.1M |
总债务AMZNDSGR
| Q4 25 | $68.8B | — | ||
| Q3 25 | $55.1B | $665.5M | ||
| Q2 25 | $56.1B | $675.0M | ||
| Q1 25 | $58.8B | $712.4M | ||
| Q4 24 | $58.0B | $693.9M | ||
| Q3 24 | $60.5B | $704.1M | ||
| Q2 24 | $62.7B | $573.7M | ||
| Q1 24 | $66.9B | $535.7M |
股东权益AMZNDSGR
| Q4 25 | $411.1B | — | ||
| Q3 25 | $369.6B | $653.9M | ||
| Q2 25 | $333.8B | $649.4M | ||
| Q1 25 | $305.9B | $636.7M | ||
| Q4 24 | $286.0B | $640.5M | ||
| Q3 24 | $259.2B | $680.8M | ||
| Q2 24 | $236.4B | $653.3M | ||
| Q1 24 | $216.7B | $654.7M |
总资产AMZNDSGR
| Q4 25 | $818.0B | — | ||
| Q3 25 | $727.9B | $1.8B | ||
| Q2 25 | $682.2B | $1.8B | ||
| Q1 25 | $643.3B | $1.8B | ||
| Q4 24 | $624.9B | $1.7B | ||
| Q3 24 | $584.6B | $1.8B | ||
| Q2 24 | $554.8B | $1.6B | ||
| Q1 24 | $531.0B | $1.5B |
负债/权益比AMZNDSGR
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.15× | 1.02× | ||
| Q2 25 | 0.17× | 1.04× | ||
| Q1 25 | 0.19× | 1.12× | ||
| Q4 24 | 0.20× | 1.08× | ||
| Q3 24 | 0.23× | 1.03× | ||
| Q2 24 | 0.27× | 0.88× | ||
| Q1 24 | 0.31× | 0.82× |
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 | $38.4M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $32.9M |
| 自由现金流率自由现金流/营收 | 7.0% | 6.3% |
| 资本支出强度资本支出/营收 | 18.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.57× | 5.95× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $92.2M |
8季度趋势，按日历期对齐
经营现金流AMZNDSGR
| Q4 25 | $54.5B | — | ||
| Q3 25 | $35.5B | $38.4M | ||
| Q2 25 | $32.5B | $33.3M | ||
| Q1 25 | $17.0B | $-4.8M | ||
| Q4 24 | $45.6B | $45.7M | ||
| Q3 24 | $26.0B | $-17.3M | ||
| Q2 24 | $25.3B | $21.4M | ||
| Q1 24 | $19.0B | $6.6M |
自由现金流AMZNDSGR
| Q4 25 | $14.9B | — | ||
| Q3 25 | $430.0M | $32.9M | ||
| Q2 25 | $332.0M | $28.7M | ||
| Q1 25 | $-8.0B | $-10.4M | ||
| Q4 24 | $17.8B | $41.1M | ||
| Q3 24 | $3.4B | $-20.5M | ||
| Q2 24 | $7.7B | $18.0M | ||
| Q1 24 | $4.1B | $4.2M |
自由现金流率AMZNDSGR
| Q4 25 | 7.0% | — | ||
| Q3 25 | 0.2% | 6.3% | ||
| Q2 25 | 0.2% | 5.7% | ||
| Q1 25 | -5.1% | -2.2% | ||
| Q4 24 | 9.5% | 8.6% | ||
| Q3 24 | 2.1% | -4.4% | ||
| Q2 24 | 5.2% | 4.1% | ||
| Q1 24 | 2.8% | 1.0% |
资本支出强度AMZNDSGR
| Q4 25 | 18.5% | — | ||
| Q3 25 | 19.5% | 1.1% | ||
| Q2 25 | 19.2% | 0.9% | ||
| Q1 25 | 16.1% | 1.2% | ||
| Q4 24 | 14.8% | 1.0% | ||
| Q3 24 | 14.2% | 0.7% | ||
| Q2 24 | 11.9% | 0.8% | ||
| Q1 24 | 10.4% | 0.6% |
现金转化率AMZNDSGR
| Q4 25 | 2.57× | — | ||
| Q3 25 | 1.68× | 5.95× | ||
| Q2 25 | 1.79× | 6.66× | ||
| Q1 25 | 0.99× | -1.46× | ||
| Q4 24 | 2.28× | — | ||
| Q3 24 | 1.69× | -0.79× | ||
| Q2 24 | 1.87× | 11.28× | ||
| Q1 24 | 1.82× | — |
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% |
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
