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亚马逊（AMZN）与RELIANCE, INC.（RS）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RELIANCE, INC.的61.0倍（$213.4B vs $3.5B）。亚马逊净利率更高（9.9% vs 3.3%，领先6.6%）。亚马逊同比增速更快（13.6% vs 11.9%）。亚马逊自由现金流更多（$14.9B vs $202.9M）。过去两年亚马逊的营收复合增速更高（22.0% vs -2.0%）
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。
Reliance, Inc.总部位于美国亚利桑那州斯科茨代尔，是北美规模最大的金属服务中心运营商。公司为12.5万家制造商、加工厂等客户提供金属加工服务，经销铝、黄铜、合金、铜、碳钢、不锈钢、钛等约10万种金属及特种金属产品。
AMZN vs RS — 直观对比
营收规模更大
AMZN
是对方的61.0倍
$3.5B
营收增速更快
AMZN
高出1.7%
11.9%
净利率更高
AMZN
高出6.6%
3.3%
自由现金流更多
AMZN
多$14.7B
$202.9M
两年增速更快
AMZN
近两年复合增速
-2.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $213.4B | $3.5B |
| 净利润 | $21.2B | $116.9M |
| 毛利率 | 48.5% | — |
| 营业利润率 | 11.7% | 4.8% |
| 净利率 | 9.9% | 3.3% |
| 营收同比 | 13.6% | 11.9% |
| 净利润同比 | 5.9% | 10.3% |
| 每股收益（稀释后） | $1.95 | $2.23 |
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AMZNRS
| Q4 25 | $213.4B | $3.5B | ||
| Q3 25 | $180.2B | $3.7B | ||
| Q2 25 | $167.7B | $3.7B | ||
| Q1 25 | $155.7B | $3.5B | ||
| Q4 24 | $187.8B | $3.1B | ||
| Q3 24 | $158.9B | $3.4B | ||
| Q2 24 | $148.0B | $3.6B | ||
| Q1 24 | $143.3B | $3.6B |
净利润AMZNRS
| Q4 25 | $21.2B | $116.9M | ||
| Q3 25 | $21.2B | $189.5M | ||
| Q2 25 | $18.2B | $234.2M | ||
| Q1 25 | $17.1B | $200.5M | ||
| Q4 24 | $20.0B | $106.0M | ||
| Q3 24 | $15.3B | $199.2M | ||
| Q2 24 | $13.5B | $268.3M | ||
| Q1 24 | $10.4B | $303.8M |
毛利率AMZNRS
| 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AMZNRS
| Q4 25 | 11.7% | 4.8% | ||
| Q3 25 | 9.7% | 7.1% | ||
| Q2 25 | 11.4% | 8.5% | ||
| Q1 25 | 11.8% | 7.9% | ||
| Q4 24 | 11.3% | 4.5% | ||
| Q3 24 | 11.0% | 8.0% | ||
| Q2 24 | 9.9% | 9.7% | ||
| Q1 24 | 10.7% | 10.8% |
净利率AMZNRS
| Q4 25 | 9.9% | 3.3% | ||
| Q3 25 | 11.8% | 5.2% | ||
| Q2 25 | 10.8% | 6.4% | ||
| Q1 25 | 11.0% | 5.8% | ||
| Q4 24 | 10.7% | 3.4% | ||
| Q3 24 | 9.6% | 5.8% | ||
| Q2 24 | 9.1% | 7.4% | ||
| Q1 24 | 7.3% | 8.3% |
每股收益（稀释后）AMZNRS
| Q4 25 | $1.95 | $2.23 | ||
| Q3 25 | $1.95 | $3.59 | ||
| Q2 25 | $1.68 | $4.42 | ||
| Q1 25 | $1.59 | $3.74 | ||
| Q4 24 | $1.86 | $2.05 | ||
| Q3 24 | $1.43 | $3.61 | ||
| Q2 24 | $1.26 | $4.67 | ||
| Q1 24 | $0.98 | $5.23 |
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 | $216.6M |
| 总债务越低越好 | $68.8B | — |
| 股东权益账面价值 | $411.1B | $7.2B |
| 总资产 | $818.0B | $10.4B |
| 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AMZNRS
| Q4 25 | $123.0B | $216.6M | ||
| Q3 25 | $94.2B | $261.2M | ||
| Q2 25 | $93.2B | $239.5M | ||
| Q1 25 | $94.6B | $277.8M | ||
| Q4 24 | $101.2B | $318.1M | ||
| Q3 24 | $88.1B | $314.6M | ||
| Q2 24 | $89.1B | $350.8M | ||
| Q1 24 | $85.1B | $934.9M |
总债务AMZNRS
| 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AMZNRS
| Q4 25 | $411.1B | $7.2B | ||
| Q3 25 | $369.6B | $7.3B | ||
| Q2 25 | $333.8B | $7.2B | ||
| Q1 25 | $305.9B | $7.1B | ||
| Q4 24 | $286.0B | $7.2B | ||
| Q3 24 | $259.2B | $7.4B | ||
| Q2 24 | $236.4B | $7.6B | ||
| Q1 24 | $216.7B | $7.9B |
总资产AMZNRS
| Q4 25 | $818.0B | $10.4B | ||
| Q3 25 | $727.9B | $10.5B | ||
| Q2 25 | $682.2B | $10.5B | ||
| Q1 25 | $643.3B | $10.4B | ||
| Q4 24 | $624.9B | $10.0B | ||
| Q3 24 | $584.6B | $10.3B | ||
| Q2 24 | $554.8B | $10.4B | ||
| Q1 24 | $531.0B | $10.7B |
负债/权益比AMZNRS
| 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 | $276.1M |
| 自由现金流经营现金流 - 资本支出 | $14.9B | $202.9M |
| 自由现金流率自由现金流/营收 | 7.0% | 5.8% |
| 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× | 2.36× |
| 过去12个月自由现金流最近4个季度 | $7.7B | $502.5M |
8季度趋势，按日历期对齐
经营现金流AMZNRS
| Q4 25 | $54.5B | $276.1M | ||
| Q3 25 | $35.5B | $261.8M | ||
| Q2 25 | $32.5B | $229.0M | ||
| Q1 25 | $17.0B | $64.5M | ||
| Q4 24 | $45.6B | $473.3M | ||
| Q3 24 | $26.0B | $463.9M | ||
| Q2 24 | $25.3B | $366.3M | ||
| Q1 24 | $19.0B | $126.3M |
自由现金流AMZNRS
| Q4 25 | $14.9B | $202.9M | ||
| Q3 25 | $430.0M | $180.6M | ||
| Q2 25 | $332.0M | $141.4M | ||
| Q1 25 | $-8.0B | $-22.4M | ||
| Q4 24 | $17.8B | $362.4M | ||
| Q3 24 | $3.4B | $351.1M | ||
| Q2 24 | $7.7B | $268.1M | ||
| Q1 24 | $4.1B | $17.6M |
自由现金流率AMZNRS
| Q4 25 | 7.0% | 5.8% | ||
| Q3 25 | 0.2% | 4.9% | ||
| Q2 25 | 0.2% | 3.9% | ||
| Q1 25 | -5.1% | -0.6% | ||
| Q4 24 | 9.5% | 11.6% | ||
| Q3 24 | 2.1% | 10.3% | ||
| Q2 24 | 5.2% | 7.4% | ||
| Q1 24 | 2.8% | 0.5% |
资本支出强度AMZNRS
| Q4 25 | 18.5% | 2.1% | ||
| Q3 25 | 19.5% | 2.2% | ||
| Q2 25 | 19.2% | 2.4% | ||
| Q1 25 | 16.1% | 2.5% | ||
| Q4 24 | 14.8% | 3.5% | ||
| Q3 24 | 14.2% | 3.3% | ||
| Q2 24 | 11.9% | 2.7% | ||
| Q1 24 | 10.4% | 3.0% |
现金转化率AMZNRS
| Q4 25 | 2.57× | 2.36× | ||
| Q3 25 | 1.68× | 1.38× | ||
| Q2 25 | 1.79× | 0.98× | ||
| Q1 25 | 0.99× | 0.32× | ||
| Q4 24 | 2.28× | 4.47× | ||
| Q3 24 | 1.69× | 2.33× | ||
| Q2 24 | 1.87× | 1.37× | ||
| Q1 24 | 1.82× | 0.42× |
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% |
RS
| Carbon Steel | $1.9B | 55% |
| Aluminum | $624.5M | 18% |
| Stainless Steel | $467.1M | 13% |
| Alloy Steel | $155.5M | 4% |
| Toll Processing | $155.3M | 4% |
| Copper And Brass | $93.5M | 3% |
| Other Products Or Services | $80.4M | 2% |
