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Autohome Inc.（ATHM）与Cars.com Inc.（CARS）财务数据对比。点击上方公司名可切换其他公司
Autohome Inc.的季度营收约是Cars.com Inc.的1.4倍（$249.8M vs $183.9M）。过去两年Cars.com Inc.的营收复合增速更高（1.0% vs -0.6%）
Autohome Inc. 是曾经的高速有线互联网服务提供商，运营于1996年至2002年。由米洛·梅丁与电信通讯公司（TCI）、康卡斯特、考克斯通信，以及首任CEO威廉·伦道夫·赫斯特三世共同创立，是通过双向有线电视基础设施提供高速上网服务的合资企业，巅峰时期为美国、加拿大、日本、澳大利亚等地的410万用户提供服务。
Cars.com是1998年6月推出的美国汽车分类信息网站，目前是美国第二大汽车分类站点，该域名曾在2014年以8.72亿美元售出，是有史以来成交价最高的域名之一。公司总部位于伊利诺伊州芝加哥，旗下专业编辑团队还会为用户提供权威的汽车评测、行业资讯及购车研究内容。
ATHM vs CARS — 直观对比
营收规模更大
ATHM
是对方的1.4倍
$183.9M
两年增速更快
CARS
近两年复合增速
-0.6%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $249.8M | $183.9M |
| 净利润 | $59.4M | — |
| 毛利率 | 63.7% | — |
| 营业利润率 | 8.3% | 11.8% |
| 净利率 | 23.8% | — |
| 营收同比 | — | 1.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $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ATHMCARS
| Q4 25 | — | $183.9M | ||
| Q3 25 | $249.8M | $181.6M | ||
| Q2 25 | $245.4M | $178.7M | ||
| Q1 25 | $244.3M | $179.0M | ||
| Q4 24 | — | $180.4M | ||
| Q3 24 | $252.9M | $179.7M | ||
| Q2 24 | $257.7M | $178.9M | ||
| Q1 24 | $222.9M | $180.2M |
净利润ATHMCARS
| Q4 25 | — | — | ||
| Q3 25 | $59.4M | $7.7M | ||
| Q2 25 | $56.0M | $7.0M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $61.0M | $18.7M | ||
| Q2 24 | $69.3M | $11.4M | ||
| Q1 24 | $52.4M | $784.0K |
毛利率ATHMCARS
| Q4 25 | — | — | ||
| Q3 25 | 63.7% | — | ||
| Q2 25 | 71.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 77.0% | — | ||
| Q2 24 | 81.5% | — | ||
| Q1 24 | 81.3% | — |
营业利润率ATHMCARS
| Q4 25 | — | 11.8% | ||
| Q3 25 | 8.3% | 9.3% | ||
| Q2 25 | 16.9% | 8.5% | ||
| Q1 25 | 13.0% | 3.6% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | 4.7% | 6.4% | ||
| Q2 24 | 22.0% | 5.3% | ||
| Q1 24 | 17.2% | 7.1% |
净利率ATHMCARS
| Q4 25 | — | — | ||
| Q3 25 | 23.8% | 4.2% | ||
| Q2 25 | 22.8% | 3.9% | ||
| Q1 25 | — | -1.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | 24.1% | 10.4% | ||
| Q2 24 | 26.9% | 6.4% | ||
| Q1 24 | 23.5% | 0.4% |
每股收益（稀释后）ATHMCARS
| Q4 25 | — | $0.12 | ||
| Q3 25 | — | $0.12 | ||
| Q2 25 | — | $0.11 | ||
| Q1 25 | — | $-0.03 | ||
| Q4 24 | — | $0.26 | ||
| Q3 24 | — | $0.28 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | — | $0.01 |
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 | — | $56.2M |
| 总债务越低越好 | — | $455.0M |
| 股东权益账面价值 | — | $472.5M |
| 总资产 | — | $1.1B |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资ATHMCARS
| Q4 25 | — | $56.2M | ||
| Q3 25 | — | $55.1M | ||
| Q2 25 | — | $27.7M | ||
| Q1 25 | — | $31.4M | ||
| Q4 24 | — | $50.7M | ||
| Q3 24 | — | $49.6M | ||
| Q2 24 | — | $29.1M | ||
| Q1 24 | — | $31.4M |
总债务ATHMCARS
| Q4 25 | — | $455.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $460.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ATHMCARS
| Q4 25 | — | $472.5M | ||
| Q3 25 | — | $477.6M | ||
| Q2 25 | — | $483.2M | ||
| Q1 25 | — | $489.9M | ||
| Q4 24 | — | $511.5M | ||
| Q3 24 | — | $502.4M | ||
| Q2 24 | — | $496.9M | ||
| Q1 24 | — | $481.4M |
总资产ATHMCARS
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
负债/权益比ATHMCARS
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — | $37.1M |
| 自由现金流经营现金流 - 资本支出 | — | $36.7M |
| 自由现金流率自由现金流/营收 | — | 20.0% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $147.4M |
8季度趋势，按日历期对齐
经营现金流ATHMCARS
| Q4 25 | — | $37.1M | ||
| Q3 25 | — | $58.8M | ||
| Q2 25 | — | $26.2M | ||
| Q1 25 | — | $29.5M | ||
| Q4 24 | — | $30.0M | ||
| Q3 24 | — | $53.8M | ||
| Q2 24 | — | $35.3M | ||
| Q1 24 | — | $33.5M |
自由现金流ATHMCARS
| Q4 25 | — | $36.7M | ||
| Q3 25 | — | $58.3M | ||
| Q2 25 | — | $23.7M | ||
| Q1 25 | — | $28.6M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | — | $52.8M | ||
| Q2 24 | — | $34.9M | ||
| Q1 24 | — | $32.8M |
自由现金流率ATHMCARS
| Q4 25 | — | 20.0% | ||
| Q3 25 | — | 32.1% | ||
| Q2 25 | — | 13.3% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 16.1% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 19.5% | ||
| Q1 24 | — | 18.2% |
资本支出强度ATHMCARS
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.4% |
现金转化率ATHMCARS
| Q4 25 | — | — | ||
| Q3 25 | — | 7.68× | ||
| Q2 25 | — | 3.74× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.87× | ||
| Q2 24 | — | 3.10× | ||
| Q1 24 | — | 42.69× |
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
ATHM
| Online marketplace and others | $114.7M | 46% |
| Leads generation services | $93.2M | 37% |
| Media services | $41.9M | 17% |
CARS
| Dealer | $164.4M | 89% |
| Sales Channel Through Oem And National | $16.2M | 9% |
| Sales Channel Through Other | $3.3M | 2% |
