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亚马逊（AMZN）与普尔斯马特（PSMT）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普尔斯马特的154.3倍（$213.4B vs $1.4B）。亚马逊净利率更高（9.9% vs 2.9%，领先7.0%）。亚马逊同比增速更快（13.6% vs 9.9%）。亚马逊自由现金流更多（$14.9B vs $32.6M）。过去两年亚马逊的营收复合增速更高（22.0% vs 3.5%）
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。
PriceSmart（普尔斯马特）是一家美资会员制仓储商超运营商，业务覆盖中美洲、加勒比地区及南美洲。公司由Price Club的创立者索尔·普莱斯与罗伯特·普莱斯共同创办，罗伯特·普莱斯现任董事会主席。
AMZN vs PSMT — 直观对比
营收规模更大
AMZN
是对方的154.3倍
$1.4B
营收增速更快
AMZN
高出3.7%
9.9%
净利率更高
AMZN
高出7.0%
2.9%
自由现金流更多
AMZN
多$14.9B
$32.6M
两年增速更快
AMZN
近两年复合增速
3.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $1.4B |
| 净利润 | $21.2B | $40.2M |
| 毛利率 | 48.5% | 17.7% |
| 营业利润率 | 11.7% | 4.6% |
| 净利率 | 9.9% | 2.9% |
| 营收同比 | 13.6% | 9.9% |
| 净利润同比 | 5.9% | 7.3% |
| 每股收益（稀释后） | $1.95 | $1.29 |
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AMZNPSMT
| Q4 25 | $213.4B | $1.4B | ||
| Q3 25 | $180.2B | $1.3B | ||
| Q2 25 | $167.7B | $1.3B | ||
| Q1 25 | $155.7B | $1.4B | ||
| Q4 24 | $187.8B | $1.3B | ||
| Q3 24 | $158.9B | $1.2B | ||
| Q2 24 | $148.0B | $1.2B | ||
| Q1 24 | $143.3B | $1.3B |
净利润AMZNPSMT
| Q4 25 | $21.2B | $40.2M | ||
| Q3 25 | $21.2B | $31.5M | ||
| Q2 25 | $18.2B | $35.2M | ||
| Q1 25 | $17.1B | $43.8M | ||
| Q4 24 | $20.0B | $37.4M | ||
| Q3 24 | $15.3B | $29.1M | ||
| Q2 24 | $13.5B | $32.5M | ||
| Q1 24 | $10.4B | $39.3M |
毛利率AMZNPSMT
| Q4 25 | 48.5% | 17.7% | ||
| Q3 25 | 50.8% | — | ||
| Q2 25 | 51.8% | — | ||
| Q1 25 | 50.6% | 17.1% | ||
| Q4 24 | 47.3% | 17.4% | ||
| Q3 24 | 49.0% | — | ||
| Q2 24 | 50.1% | — | ||
| Q1 24 | 49.3% | — |
营业利润率AMZNPSMT
| Q4 25 | 11.7% | 4.6% | ||
| Q3 25 | 9.7% | 4.0% | ||
| Q2 25 | 11.4% | 4.3% | ||
| Q1 25 | 11.8% | 4.8% | ||
| Q4 24 | 11.3% | 4.6% | ||
| Q3 24 | 11.0% | 4.0% | ||
| Q2 24 | 9.9% | 4.1% | ||
| Q1 24 | 10.7% | 4.9% |
净利率AMZNPSMT
| Q4 25 | 9.9% | 2.9% | ||
| Q3 25 | 11.8% | 2.4% | ||
| Q2 25 | 10.8% | 2.7% | ||
| Q1 25 | 11.0% | 3.2% | ||
| Q4 24 | 10.7% | 3.0% | ||
| Q3 24 | 9.6% | 2.4% | ||
| Q2 24 | 9.1% | 2.6% | ||
| Q1 24 | 7.3% | 3.0% |
每股收益（稀释后）AMZNPSMT
| Q4 25 | $1.95 | $1.29 | ||
| Q3 25 | $1.95 | $1.02 | ||
| Q2 25 | $1.68 | $1.14 | ||
| Q1 25 | $1.59 | $1.45 | ||
| Q4 24 | $1.86 | $1.21 | ||
| Q3 24 | $1.43 | $0.94 | ||
| Q2 24 | $1.26 | $1.08 | ||
| Q1 24 | $0.98 | $1.31 |
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 | $320.6M |
| 总债务越低越好 | $68.8B | $180.3M |
| 股东权益账面价值 | $411.1B | $1.3B |
| 总资产 | $818.0B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.17× | 0.14× |
8季度趋势，按日历期对齐
现金及短期投资AMZNPSMT
| Q4 25 | $123.0B | $320.6M | ||
| Q3 25 | $94.2B | $314.2M | ||
| Q2 25 | $93.2B | $262.4M | ||
| Q1 25 | $94.6B | $247.3M | ||
| Q4 24 | $101.2B | $222.2M | ||
| Q3 24 | $88.1B | $225.5M | ||
| Q2 24 | $89.1B | $228.2M | ||
| Q1 24 | $85.1B | $264.2M |
总债务AMZNPSMT
| Q4 25 | $68.8B | $180.3M | ||
| Q3 25 | $55.1B | $186.6M | ||
| Q2 25 | $56.1B | $103.1M | ||
| Q1 25 | $58.8B | $107.1M | ||
| Q4 24 | $58.0B | $115.6M | ||
| Q3 24 | $60.5B | $130.4M | ||
| Q2 24 | $62.7B | $135.1M | ||
| Q1 24 | $66.9B | $140.0M |
股东权益AMZNPSMT
| Q4 25 | $411.1B | $1.3B | ||
| Q3 25 | $369.6B | $1.2B | ||
| Q2 25 | $333.8B | $1.2B | ||
| Q1 25 | $305.9B | $1.2B | ||
| Q4 24 | $286.0B | $1.2B | ||
| Q3 24 | $259.2B | $1.1B | ||
| Q2 24 | $236.4B | $1.1B | ||
| Q1 24 | $216.7B | $1.1B |
总资产AMZNPSMT
| Q4 25 | $818.0B | $2.4B | ||
| Q3 25 | $727.9B | $2.3B | ||
| Q2 25 | $682.2B | $2.1B | ||
| Q1 25 | $643.3B | $2.1B | ||
| Q4 24 | $624.9B | $2.1B | ||
| Q3 24 | $584.6B | $2.0B | ||
| Q2 24 | $554.8B | $2.0B | ||
| Q1 24 | $531.0B | $2.0B |
负债/权益比AMZNPSMT
| Q4 25 | 0.17× | 0.14× | ||
| Q3 25 | 0.15× | 0.15× | ||
| Q2 25 | 0.17× | 0.08× | ||
| Q1 25 | 0.19× | 0.09× | ||
| Q4 24 | 0.20× | 0.10× | ||
| Q3 24 | 0.23× | 0.12× | ||
| Q2 24 | 0.27× | 0.12× | ||
| Q1 24 | 0.31× | 0.13× |
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 | $71.2M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $32.6M |
| 自由现金流率自由现金流/营收 | 7.0% | 2.4% |
| 资本支出强度资本支出/营收 | 18.5% | 2.8% |
| 现金转化率经营现金流/净利润 | 2.57× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $125.5M |
8季度趋势，按日历期对齐
经营现金流AMZNPSMT
| Q4 25 | $54.5B | $71.2M | ||
| Q3 25 | $35.5B | $82.1M | ||
| Q2 25 | $32.5B | $52.8M | ||
| Q1 25 | $17.0B | $87.9M | ||
| Q4 24 | $45.6B | $38.5M | ||
| Q3 24 | $26.0B | $41.8M | ||
| Q2 24 | $25.3B | $38.1M | ||
| Q1 24 | $19.0B | $86.6M |
自由现金流AMZNPSMT
| Q4 25 | $14.9B | $32.6M | ||
| Q3 25 | $430.0M | $25.6M | ||
| Q2 25 | $332.0M | $14.0M | ||
| Q1 25 | $-8.0B | $53.2M | ||
| Q4 24 | $17.8B | $10.3M | ||
| Q3 24 | $3.4B | $15.2M | ||
| Q2 24 | $7.7B | $-308.0K | ||
| Q1 24 | $4.1B | $16.4M |
自由现金流率AMZNPSMT
| Q4 25 | 7.0% | 2.4% | ||
| Q3 25 | 0.2% | 1.9% | ||
| Q2 25 | 0.2% | 1.1% | ||
| Q1 25 | -5.1% | 3.9% | ||
| Q4 24 | 9.5% | 0.8% | ||
| Q3 24 | 2.1% | 1.2% | ||
| Q2 24 | 5.2% | -0.0% | ||
| Q1 24 | 2.8% | 1.3% |
资本支出强度AMZNPSMT
| Q4 25 | 18.5% | 2.8% | ||
| Q3 25 | 19.5% | 4.2% | ||
| Q2 25 | 19.2% | 2.9% | ||
| Q1 25 | 16.1% | 2.5% | ||
| Q4 24 | 14.8% | 2.2% | ||
| Q3 24 | 14.2% | 2.2% | ||
| Q2 24 | 11.9% | 3.1% | ||
| Q1 24 | 10.4% | 5.4% |
现金转化率AMZNPSMT
| Q4 25 | 2.57× | 1.77× | ||
| Q3 25 | 1.68× | 2.60× | ||
| Q2 25 | 1.79× | 1.50× | ||
| Q1 25 | 0.99× | 2.01× | ||
| Q4 24 | 2.28× | 1.03× | ||
| Q3 24 | 1.69× | 1.44× | ||
| Q2 24 | 1.87× | 1.17× | ||
| Q1 24 | 1.82× | 2.20× |
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% |
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
