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亚马逊（AMZN）与ONESPAWORLD HOLDINGS Ltd（OSW）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ONESPAWORLD HOLDINGS Ltd的881.3倍（$213.4B vs $242.1M）。亚马逊净利率更高（9.9% vs 5.0%，领先4.9%）。亚马逊同比增速更快（13.6% vs 11.5%）。亚马逊自由现金流更多（$14.9B vs $14.9M）。过去两年亚马逊的营收复合增速更高（22.0% vs 7.1%）
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。
AMZN vs OSW — 直观对比
营收规模更大
AMZN
是对方的881.3倍
$242.1M
营收增速更快
AMZN
高出2.2%
11.5%
净利率更高
AMZN
高出4.9%
5.0%
自由现金流更多
AMZN
多$14.9B
$14.9M
两年增速更快
AMZN
近两年复合增速
7.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $242.1M |
| 净利润 | $21.2B | $12.1M |
| 毛利率 | 48.5% | — |
| 营业利润率 | 11.7% | 6.8% |
| 净利率 | 9.9% | 5.0% |
| 营收同比 | 13.6% | 11.5% |
| 净利润同比 | 5.9% | -16.2% |
| 每股收益（稀释后） | $1.95 | $0.12 |
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AMZNOSW
| Q4 25 | $213.4B | $242.1M | ||
| Q3 25 | $180.2B | $258.5M | ||
| Q2 25 | $167.7B | $240.7M | ||
| Q1 25 | $155.7B | $219.6M | ||
| Q4 24 | $187.8B | $217.2M | ||
| Q3 24 | $158.9B | $241.7M | ||
| Q2 24 | $148.0B | $224.9M | ||
| Q1 24 | $143.3B | $211.2M |
净利润AMZNOSW
| Q4 25 | $21.2B | $12.1M | ||
| Q3 25 | $21.2B | $24.3M | ||
| Q2 25 | $18.2B | $19.9M | ||
| Q1 25 | $17.1B | $15.3M | ||
| Q4 24 | $20.0B | $14.4M | ||
| Q3 24 | $15.3B | $21.6M | ||
| Q2 24 | $13.5B | $15.8M | ||
| Q1 24 | $10.4B | $21.2M |
毛利率AMZNOSW
| Q4 25 | 48.5% | — | ||
| Q3 25 | 50.8% | — | ||
| Q2 25 | 51.8% | — | ||
| Q1 25 | 50.6% | — | ||
| Q4 24 | 47.3% | — | ||
| Q3 24 | 49.0% | — | ||
| Q2 24 | 50.1% | — | ||
| Q1 24 | 49.3% | — |
营业利润率AMZNOSW
| Q4 25 | 11.7% | 6.8% | ||
| Q3 25 | 9.7% | 10.2% | ||
| Q2 25 | 11.4% | 9.2% | ||
| Q1 25 | 11.8% | 7.7% | ||
| Q4 24 | 11.3% | 7.9% | ||
| Q3 24 | 11.0% | 10.3% | ||
| Q2 24 | 9.9% | 8.4% | ||
| Q1 24 | 10.7% | 8.0% |
净利率AMZNOSW
| Q4 25 | 9.9% | 5.0% | ||
| Q3 25 | 11.8% | 9.4% | ||
| Q2 25 | 10.8% | 8.3% | ||
| Q1 25 | 11.0% | 7.0% | ||
| Q4 24 | 10.7% | 6.6% | ||
| Q3 24 | 9.6% | 8.9% | ||
| Q2 24 | 9.1% | 7.0% | ||
| Q1 24 | 7.3% | 10.0% |
每股收益（稀释后）AMZNOSW
| Q4 25 | $1.95 | $0.12 | ||
| Q3 25 | $1.95 | $0.23 | ||
| Q2 25 | $1.68 | $0.19 | ||
| Q1 25 | $1.59 | $0.15 | ||
| Q4 24 | $1.86 | $0.13 | ||
| Q3 24 | $1.43 | $0.20 | ||
| Q2 24 | $1.26 | $0.15 | ||
| Q1 24 | $0.98 | $0.21 |
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 | $16.3M |
| 总债务越低越好 | $68.8B | $84.0M |
| 股东权益账面价值 | $411.1B | $542.6M |
| 总资产 | $818.0B | $707.1M |
| 负债/权益比越低杠杆越低 | 0.17× | 0.15× |
8季度趋势，按日历期对齐
现金及短期投资AMZNOSW
| Q4 25 | $123.0B | $16.3M | ||
| Q3 25 | $94.2B | $29.6M | ||
| Q2 25 | $93.2B | $35.0M | ||
| Q1 25 | $94.6B | $22.6M | ||
| Q4 24 | $101.2B | $57.4M | ||
| Q3 24 | $88.1B | $48.8M | ||
| Q2 24 | $89.1B | $62.5M | ||
| Q1 24 | $85.1B | $65.4M |
总债务AMZNOSW
| Q4 25 | $68.8B | $84.0M | ||
| Q3 25 | $55.1B | $85.2M | ||
| Q2 25 | $56.1B | $96.2M | ||
| Q1 25 | $58.8B | $97.4M | ||
| Q4 24 | $58.0B | $98.6M | ||
| Q3 24 | $60.5B | $98.7M | ||
| Q2 24 | $62.7B | $123.8M | ||
| Q1 24 | $66.9B | $138.6M |
股东权益AMZNOSW
| Q4 25 | $411.1B | $542.6M | ||
| Q3 25 | $369.6B | $552.8M | ||
| Q2 25 | $333.8B | $548.3M | ||
| Q1 25 | $305.9B | $530.6M | ||
| Q4 24 | $286.0B | $554.5M | ||
| Q3 24 | $259.2B | $540.1M | ||
| Q2 24 | $236.4B | $532.7M | ||
| Q1 24 | $216.7B | $515.5M |
总资产AMZNOSW
| Q4 25 | $818.0B | $707.1M | ||
| Q3 25 | $727.9B | $732.6M | ||
| Q2 25 | $682.2B | $731.8M | ||
| Q1 25 | $643.3B | $708.7M | ||
| Q4 24 | $624.9B | $746.4M | ||
| Q3 24 | $584.6B | $734.0M | ||
| Q2 24 | $554.8B | $756.8M | ||
| Q1 24 | $531.0B | $763.6M |
负债/权益比AMZNOSW
| Q4 25 | 0.17× | 0.15× | ||
| Q3 25 | 0.15× | 0.15× | ||
| Q2 25 | 0.17× | 0.18× | ||
| Q1 25 | 0.19× | 0.18× | ||
| Q4 24 | 0.20× | 0.18× | ||
| Q3 24 | 0.23× | 0.18× | ||
| Q2 24 | 0.27× | 0.23× | ||
| Q1 24 | 0.31× | 0.27× |
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 | $20.0M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $14.9M |
| 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% | 2.1% |
| 现金转化率经营现金流/净利润 | 2.57× | 1.65× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $68.4M |
8季度趋势，按日历期对齐
经营现金流AMZNOSW
| Q4 25 | $54.5B | $20.0M | ||
| Q3 25 | $35.5B | $33.2M | ||
| Q2 25 | $32.5B | $20.3M | ||
| Q1 25 | $17.0B | $10.1M | ||
| Q4 24 | $45.6B | $16.6M | ||
| Q3 24 | $26.0B | $28.6M | ||
| Q2 24 | $25.3B | $18.7M | ||
| Q1 24 | $19.0B | $15.0M |
自由现金流AMZNOSW
| Q4 25 | $14.9B | $14.9M | ||
| Q3 25 | $430.0M | $27.6M | ||
| Q2 25 | $332.0M | $17.6M | ||
| Q1 25 | $-8.0B | $8.4M | ||
| Q4 24 | $17.8B | $13.2M | ||
| Q3 24 | $3.4B | $27.5M | ||
| Q2 24 | $7.7B | $17.6M | ||
| Q1 24 | $4.1B | $13.7M |
自由现金流率AMZNOSW
| Q4 25 | 7.0% | 6.2% | ||
| Q3 25 | 0.2% | 10.7% | ||
| Q2 25 | 0.2% | 7.3% | ||
| Q1 25 | -5.1% | 3.8% | ||
| Q4 24 | 9.5% | 6.1% | ||
| Q3 24 | 2.1% | 11.4% | ||
| Q2 24 | 5.2% | 7.8% | ||
| Q1 24 | 2.8% | 6.5% |
资本支出强度AMZNOSW
| Q4 25 | 18.5% | 2.1% | ||
| Q3 25 | 19.5% | 2.2% | ||
| Q2 25 | 19.2% | 1.1% | ||
| Q1 25 | 16.1% | 0.8% | ||
| Q4 24 | 14.8% | 1.5% | ||
| Q3 24 | 14.2% | 0.5% | ||
| Q2 24 | 11.9% | 0.5% | ||
| Q1 24 | 10.4% | 0.6% |
现金转化率AMZNOSW
| Q4 25 | 2.57× | 1.65× | ||
| Q3 25 | 1.68× | 1.36× | ||
| Q2 25 | 1.79× | 1.02× | ||
| Q1 25 | 0.99× | 0.66× | ||
| Q4 24 | 2.28× | 1.15× | ||
| Q3 24 | 1.69× | 1.33× | ||
| Q2 24 | 1.87× | 1.19× | ||
| Q1 24 | 1.82× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
