vs
亚马逊（AMZN）与摩凡陀集团（MOV）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摩凡陀集团的1146.4倍（$213.4B vs $186.1M）。亚马逊净利率更高（9.9% vs 5.1%，领先4.8%）。亚马逊同比增速更快（13.6% vs 1.9%）。亚马逊自由现金流更多（$14.9B vs $11.6M）。过去两年亚马逊的营收复合增速更高（22.0% vs 2.9%）
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。
摩凡陀集团是源自瑞士的美国奢侈钟表品牌，创始于1881年，品牌名取自世界语，原意为“律动”。摩凡陀腕表以12点钟位置标志性的金属圆点设计与极简风格著称，其中博物馆腕表更是品牌最广为人知的经典代表作。
AMZN vs MOV — 直观对比
营收规模更大
AMZN
是对方的1146.4倍
$186.1M
营收增速更快
AMZN
高出11.8%
1.9%
净利率更高
AMZN
高出4.8%
5.1%
自由现金流更多
AMZN
多$14.9B
$11.6M
两年增速更快
AMZN
近两年复合增速
2.9%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $186.1M |
| 净利润 | $21.2B | $9.6M |
| 毛利率 | 48.5% | 54.3% |
| 营业利润率 | 11.7% | 6.3% |
| 净利率 | 9.9% | 5.1% |
| 营收同比 | 13.6% | 1.9% |
| 净利润同比 | 5.9% | 89.8% |
| 每股收益（稀释后） | $1.95 | $0.42 |
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AMZNMOV
| Q4 25 | $213.4B | $186.1M | ||
| Q3 25 | $180.2B | $161.8M | ||
| Q2 25 | $167.7B | $131.8M | ||
| Q1 25 | $155.7B | $181.5M | ||
| Q4 24 | $187.8B | $180.5M | ||
| Q3 24 | $158.9B | $157.0M | ||
| Q2 24 | $148.0B | $134.4M | ||
| Q1 24 | $143.3B | $175.8M |
净利润AMZNMOV
| Q4 25 | $21.2B | $9.6M | ||
| Q3 25 | $21.2B | $3.0M | ||
| Q2 25 | $18.2B | $1.4M | ||
| Q1 25 | $17.1B | $8.1M | ||
| Q4 24 | $20.0B | $4.8M | ||
| Q3 24 | $15.3B | $3.5M | ||
| Q2 24 | $13.5B | $2.0M | ||
| Q1 24 | $10.4B | $9.8M |
毛利率AMZNMOV
| Q4 25 | 48.5% | 54.3% | ||
| Q3 25 | 50.8% | 54.1% | ||
| Q2 25 | 51.8% | 54.1% | ||
| Q1 25 | 50.6% | 54.2% | ||
| Q4 24 | 47.3% | 53.5% | ||
| Q3 24 | 49.0% | 54.3% | ||
| Q2 24 | 50.1% | 54.3% | ||
| Q1 24 | 49.3% | 53.5% |
营业利润率AMZNMOV
| Q4 25 | 11.7% | 6.3% | ||
| Q3 25 | 9.7% | 2.5% | ||
| Q2 25 | 11.4% | 0.2% | ||
| Q1 25 | 11.8% | 5.1% | ||
| Q4 24 | 11.3% | 3.3% | ||
| Q3 24 | 11.0% | 1.7% | ||
| Q2 24 | 9.9% | 1.6% | ||
| Q1 24 | 10.7% | 6.1% |
净利率AMZNMOV
| Q4 25 | 9.9% | 5.1% | ||
| Q3 25 | 11.8% | 1.8% | ||
| Q2 25 | 10.8% | 1.1% | ||
| Q1 25 | 11.0% | 4.4% | ||
| Q4 24 | 10.7% | 2.7% | ||
| Q3 24 | 9.6% | 2.2% | ||
| Q2 24 | 9.1% | 1.5% | ||
| Q1 24 | 7.3% | 5.6% |
每股收益（稀释后）AMZNMOV
| Q4 25 | $1.95 | $0.42 | ||
| Q3 25 | $1.95 | $0.13 | ||
| Q2 25 | $1.68 | $0.06 | ||
| Q1 25 | $1.59 | $0.36 | ||
| Q4 24 | $1.86 | $0.21 | ||
| Q3 24 | $1.43 | $0.15 | ||
| Q2 24 | $1.26 | $0.09 | ||
| Q1 24 | $0.98 | $0.44 |
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 | $183.9M |
| 总债务越低越好 | $68.8B | — |
| 股东权益账面价值 | $411.1B | $497.5M |
| 总资产 | $818.0B | $751.9M |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资AMZNMOV
| Q4 25 | $123.0B | $183.9M | ||
| Q3 25 | $94.2B | $180.5M | ||
| Q2 25 | $93.2B | $203.1M | ||
| Q1 25 | $94.6B | $208.5M | ||
| Q4 24 | $101.2B | $181.5M | ||
| Q3 24 | $88.1B | $198.3M | ||
| Q2 24 | $89.1B | $225.4M | ||
| Q1 24 | $85.1B | $262.1M |
总债务AMZNMOV
| Q4 25 | $68.8B | — | ||
| Q3 25 | $55.1B | — | ||
| Q2 25 | $56.1B | — | ||
| Q1 25 | $58.8B | — | ||
| Q4 24 | $58.0B | — | ||
| Q3 24 | $60.5B | — | ||
| Q2 24 | $62.7B | — | ||
| Q1 24 | $66.9B | — |
股东权益AMZNMOV
| Q4 25 | $411.1B | $497.5M | ||
| Q3 25 | $369.6B | $489.9M | ||
| Q2 25 | $333.8B | $493.2M | ||
| Q1 25 | $305.9B | $481.3M | ||
| Q4 24 | $286.0B | $491.3M | ||
| Q3 24 | $259.2B | $492.0M | ||
| Q2 24 | $236.4B | $489.6M | ||
| Q1 24 | $216.7B | $505.9M |
总资产AMZNMOV
| Q4 25 | $818.0B | $751.9M | ||
| Q3 25 | $727.9B | $748.7M | ||
| Q2 25 | $682.2B | $747.2M | ||
| Q1 25 | $643.3B | $729.2M | ||
| Q4 24 | $624.9B | $747.2M | ||
| Q3 24 | $584.6B | $742.5M | ||
| Q2 24 | $554.8B | $736.0M | ||
| Q1 24 | $531.0B | $756.5M |
负债/权益比AMZNMOV
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.17× | — | ||
| Q1 25 | 0.19× | — | ||
| Q4 24 | 0.20× | — | ||
| 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 | $12.3M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $11.6M |
| 自由现金流率自由现金流/营收 | 7.0% | 6.2% |
| 资本支出强度资本支出/营收 | 18.5% | 0.4% |
| 现金转化率经营现金流/净利润 | 2.57× | 1.28× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $35.3M |
8季度趋势，按日历期对齐
经营现金流AMZNMOV
| Q4 25 | $54.5B | $12.3M | ||
| Q3 25 | $35.5B | $-3.8M | ||
| Q2 25 | $32.5B | $-7.2M | ||
| Q1 25 | $17.0B | $39.1M | ||
| Q4 24 | $45.6B | $-4.7M | ||
| Q3 24 | $26.0B | $-17.8M | ||
| Q2 24 | $25.3B | $-18.1M | ||
| Q1 24 | $19.0B | $69.4M |
自由现金流AMZNMOV
| Q4 25 | $14.9B | $11.6M | ||
| Q3 25 | $430.0M | $-5.1M | ||
| Q2 25 | $332.0M | $-8.7M | ||
| Q1 25 | $-8.0B | $37.5M | ||
| Q4 24 | $17.8B | $-7.2M | ||
| Q3 24 | $3.4B | $-20.1M | ||
| Q2 24 | $7.7B | $-19.7M | ||
| Q1 24 | $4.1B | $67.8M |
自由现金流率AMZNMOV
| Q4 25 | 7.0% | 6.2% | ||
| Q3 25 | 0.2% | -3.1% | ||
| Q2 25 | 0.2% | -6.6% | ||
| Q1 25 | -5.1% | 20.7% | ||
| Q4 24 | 9.5% | -4.0% | ||
| Q3 24 | 2.1% | -12.8% | ||
| Q2 24 | 5.2% | -14.7% | ||
| Q1 24 | 2.8% | 38.6% |
资本支出强度AMZNMOV
| Q4 25 | 18.5% | 0.4% | ||
| Q3 25 | 19.5% | 0.8% | ||
| Q2 25 | 19.2% | 1.2% | ||
| Q1 25 | 16.1% | 0.9% | ||
| Q4 24 | 14.8% | 1.4% | ||
| Q3 24 | 14.2% | 1.5% | ||
| Q2 24 | 11.9% | 1.2% | ||
| Q1 24 | 10.4% | 0.9% |
现金转化率AMZNMOV
| Q4 25 | 2.57× | 1.28× | ||
| Q3 25 | 1.68× | -1.27× | ||
| Q2 25 | 1.79× | -5.08× | ||
| Q1 25 | 0.99× | 4.86× | ||
| Q4 24 | 2.28× | -0.98× | ||
| Q3 24 | 1.69× | -5.14× | ||
| Q2 24 | 1.87× | -8.97× | ||
| Q1 24 | 1.82× | 7.06× |
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% |
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
