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AUTONATION, INC.（AN）与Williams Companies（WMB）财务数据对比。点击上方公司名可切换其他公司
AUTONATION, INC.的季度营收约是Williams Companies的1.8倍（$6.9B vs $3.8B），Williams Companies净利率更高（19.1% vs 2.5%，领先16.6%），Williams Companies同比增速更快（12.7% vs -3.9%），AUTONATION, INC.自由现金流更多（$64.2M vs $-379.0M），过去两年Williams Companies的营收复合增速更高（7.3% vs 3.4%）
AutoNation是总部位于美国佛罗里达州劳德代尔堡的汽车零售企业，1996年由韦恩·休伊森创立，最初仅拥有12家门店，目前在全美运营超300个零售网点，提供新车、二手车销售及相关配套服务。
总部位于美国俄克拉荷马州塔尔萨的能源企业，位列《财富》美国500强，普通股为标普500指数成分股，核心业务为天然气加工与运输，同时持有石油、发电相关资产。
AN vs WMB — 直观对比
营收规模更大
AN
是对方的1.8倍
$3.8B
营收增速更快
WMB
高出16.6%
-3.9%
净利率更高
WMB
高出16.6%
2.5%
自由现金流更多
AN
多$443.2M
$-379.0M
两年增速更快
WMB
近两年复合增速
3.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.9B | $3.8B |
| 净利润 | $172.1M | $734.0M |
| 毛利率 | 17.5% | — |
| 营业利润率 | 4.5% | 27.3% |
| 净利率 | 2.5% | 19.1% |
| 营收同比 | -3.9% | 12.7% |
| 净利润同比 | -7.5% | 51.0% |
| 每股收益（稀释后） | $4.68 | $0.60 |
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ANWMB
| Q4 25 | $6.9B | $3.8B | ||
| Q3 25 | $7.0B | $3.5B | ||
| Q2 25 | $7.0B | $3.4B | ||
| Q1 25 | $6.7B | $4.2B | ||
| Q4 24 | $7.2B | $3.4B | ||
| Q3 24 | $6.6B | $3.0B | ||
| Q2 24 | $6.5B | $2.8B | ||
| Q1 24 | $6.5B | $3.3B |
净利润ANWMB
| Q4 25 | $172.1M | $734.0M | ||
| Q3 25 | $215.1M | $647.0M | ||
| Q2 25 | $86.4M | $546.0M | ||
| Q1 25 | $175.5M | $691.0M | ||
| Q4 24 | $186.1M | $486.0M | ||
| Q3 24 | $185.8M | $706.0M | ||
| Q2 24 | $130.2M | $401.0M | ||
| Q1 24 | $190.1M | $632.0M |
毛利率ANWMB
| Q4 25 | 17.5% | — | ||
| Q3 25 | 17.6% | — | ||
| Q2 25 | 18.3% | — | ||
| Q1 25 | 18.2% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.9% | — | ||
| Q1 24 | 18.5% | — |
营业利润率ANWMB
| Q4 25 | 4.5% | 27.3% | ||
| Q3 25 | 5.3% | 31.8% | ||
| Q2 25 | 3.1% | 28.0% | ||
| Q1 25 | 5.0% | 26.1% | ||
| Q4 24 | 4.7% | 23.2% | ||
| Q3 24 | 5.3% | 27.6% | ||
| Q2 24 | 4.2% | 24.4% | ||
| Q1 24 | 5.2% | 30.3% |
净利率ANWMB
| Q4 25 | 2.5% | 19.1% | ||
| Q3 25 | 3.1% | 18.5% | ||
| Q2 25 | 1.2% | 16.2% | ||
| Q1 25 | 2.6% | 16.5% | ||
| Q4 24 | 2.6% | 14.2% | ||
| Q3 24 | 2.8% | 23.3% | ||
| Q2 24 | 2.0% | 14.1% | ||
| Q1 24 | 2.9% | 18.9% |
每股收益（稀释后）ANWMB
| Q4 25 | $4.68 | $0.60 | ||
| Q3 25 | $5.65 | $0.53 | ||
| Q2 25 | $2.26 | $0.45 | ||
| Q1 25 | $4.45 | $0.56 | ||
| Q4 24 | $4.62 | $0.39 | ||
| Q3 24 | $4.61 | $0.58 | ||
| Q2 24 | $3.20 | $0.33 | ||
| Q1 24 | $4.49 | $0.52 |
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 | $58.6M | — |
| 总债务越低越好 | $3.7B | $27.3B |
| 股东权益账面价值 | $2.3B | $12.8B |
| 总资产 | $14.4B | $58.6B |
| 负债/权益比越低杠杆越低 | 1.58× | 2.13× |
8季度趋势，按日历期对齐
现金及短期投资ANWMB
| Q4 25 | $58.6M | — | ||
| Q3 25 | $97.6M | — | ||
| Q2 25 | $62.9M | — | ||
| Q1 25 | $70.5M | — | ||
| Q4 24 | $59.8M | — | ||
| Q3 24 | $60.2M | — | ||
| Q2 24 | $85.9M | — | ||
| Q1 24 | $60.3M | — |
总债务ANWMB
| Q4 25 | $3.7B | $27.3B | ||
| Q3 25 | — | $25.6B | ||
| Q2 25 | — | $25.6B | ||
| Q1 25 | $3.1B | $24.1B | ||
| Q4 24 | $2.6B | $24.7B | ||
| Q3 24 | $3.1B | $24.8B | ||
| Q2 24 | $3.1B | $24.1B | ||
| Q1 24 | $3.1B | $24.1B |
股东权益ANWMB
| Q4 25 | $2.3B | $12.8B | ||
| Q3 25 | $2.5B | $12.5B | ||
| Q2 25 | $2.5B | $12.4B | ||
| Q1 25 | $2.4B | $12.5B | ||
| Q4 24 | $2.5B | $12.4B | ||
| Q3 24 | $2.4B | $12.4B | ||
| Q2 24 | $2.2B | $12.3B | ||
| Q1 24 | $2.4B | $12.4B |
总资产ANWMB
| Q4 25 | $14.4B | $58.6B | ||
| Q3 25 | $14.2B | $55.7B | ||
| Q2 25 | $13.6B | $56.1B | ||
| Q1 25 | $13.3B | $54.9B | ||
| Q4 24 | $13.0B | $54.5B | ||
| Q3 24 | $12.9B | $53.8B | ||
| Q2 24 | $12.8B | $52.4B | ||
| Q1 24 | $12.0B | $52.7B |
负债/权益比ANWMB
| Q4 25 | 1.58× | 2.13× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | 1.29× | 1.93× | ||
| Q4 24 | 1.06× | 1.99× | ||
| Q3 24 | 1.32× | 2.00× | ||
| Q2 24 | 1.43× | 1.96× | ||
| Q1 24 | 1.32× | 1.94× |
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 | $150.5M | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $64.2M | $-379.0M |
| 自由现金流率自由现金流/营收 | 0.9% | -9.9% |
| 资本支出强度资本支出/营收 | 1.2% | 50.9% |
| 现金转化率经营现金流/净利润 | 0.87× | 2.15× |
| 过去12个月自由现金流最近4个季度 | $-197.5M | $1.0B |
8季度趋势，按日历期对齐
经营现金流ANWMB
| Q4 25 | $150.5M | $1.6B | ||
| Q3 25 | $191.7M | $1.4B | ||
| Q2 25 | $-177.8M | $1.4B | ||
| Q1 25 | $-52.5M | $1.4B | ||
| Q4 24 | $149.8M | $1.2B | ||
| Q3 24 | $-70.0M | $1.2B | ||
| Q2 24 | $-59.6M | $1.3B | ||
| Q1 24 | $294.5M | $1.2B |
自由现金流ANWMB
| Q4 25 | $64.2M | $-379.0M | ||
| Q3 25 | $122.8M | $485.0M | ||
| Q2 25 | $-256.8M | $478.0M | ||
| Q1 25 | $-127.7M | $421.0M | ||
| Q4 24 | $83.5M | $450.0M | ||
| Q3 24 | $-151.0M | $561.0M | ||
| Q2 24 | $-147.1M | $700.0M | ||
| Q1 24 | $200.8M | $690.0M |
自由现金流率ANWMB
| Q4 25 | 0.9% | -9.9% | ||
| Q3 25 | 1.7% | 13.9% | ||
| Q2 25 | -3.7% | 14.2% | ||
| Q1 25 | -1.9% | 10.1% | ||
| Q4 24 | 1.2% | 13.2% | ||
| Q3 24 | -2.3% | 18.5% | ||
| Q2 24 | -2.3% | 24.6% | ||
| Q1 24 | 3.1% | 20.7% |
资本支出强度ANWMB
| Q4 25 | 1.2% | 50.9% | ||
| Q3 25 | 1.0% | 27.3% | ||
| Q2 25 | 1.1% | 28.8% | ||
| Q1 25 | 1.1% | 24.2% | ||
| Q4 24 | 0.9% | 22.5% | ||
| Q3 24 | 1.2% | 22.5% | ||
| Q2 24 | 1.4% | 20.3% | ||
| Q1 24 | 1.4% | 16.3% |
现金转化率ANWMB
| Q4 25 | 0.87× | 2.15× | ||
| Q3 25 | 0.89× | 2.22× | ||
| Q2 25 | -2.06× | 2.66× | ||
| Q1 25 | -0.30× | 2.07× | ||
| Q4 24 | 0.80× | 2.51× | ||
| Q3 24 | -0.38× | 1.76× | ||
| Q2 24 | -0.46× | 3.19× | ||
| Q1 24 | 1.55× | 1.95× |
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
AN
| New Vehicle | $3.4B | 50% |
| Transferred At Point In Time | $1.7B | 24% |
| Parts And Service | $1.2B | 18% |
| Finance And Insurance Net | $369.4M | 5% |
| Transferred Over Time | $221.4M | 3% |
| Other | $3.5M | 0% |
WMB
| Services | $2.2B | 57% |
| Natural Gas Us Regulated | $740.0M | 19% |
| West | $730.0M | 19% |
| Non Regulated Service Commodity Consideration | $51.0M | 1% |
| Natural Gas Gathering Transportation Marketing And Processing | $45.0M | 1% |
| Affiliated Entity | $23.0M | 1% |
| Other | $14.0M | 0% |
| Other Service | $11.0M | 0% |
