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美国运通（AXP）与达美航空（DAL）财务数据对比。点击上方公司名可切换其他公司
达美航空的季度营收约是美国运通的846.4倍（$16.0B vs $18.9M），达美航空同比增速更快（14.0% vs 11.4%），过去两年达美航空的营收复合增速更高（-2.0% vs -95.6%）
美国运通是全球知名的支付服务提供商，主营签账卡、信用卡产品及旅行相关服务，下设全球消费者服务、全球商业服务、全球商户与网络服务三大业务板块，还提供支付融资、网络服务、应付账款费用管理、旅行生活服务等多元解决方案。
达美航空是美国头部航空公司，总部位于佐治亚州亚特兰大，共设有9个航空枢纽，其中哈兹菲尔德-杰克逊亚特兰大国际机场是其客运量、出发班次最高的枢纽。旗下区域子公司及合作运营商以“达美连接”品牌运营，每日执飞超5400个航班，航线覆盖六大洲52个国家的325个目的地。
AXP vs DAL — 直观对比
营收规模更大
DAL
是对方的846.4倍
$18.9M
营收增速更快
DAL
高出2.5%
11.4%
两年增速更快
DAL
近两年复合增速
-95.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $16.0B |
| 净利润 | $3.0M | — |
| 毛利率 | — | — |
| 营业利润率 | — | 9.2% |
| 净利率 | 15.7% | — |
| 营收同比 | 11.4% | 14.0% |
| 净利润同比 | 15.0% | — |
| 每股收益（稀释后） | — | $1.85 |
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AXPDAL
| Q1 26 | $18.9M | $16.0B | ||
| Q4 25 | $10.9B | $16.0B | ||
| Q3 25 | $10.4B | $16.7B | ||
| Q2 25 | $10.3B | $16.6B | ||
| Q1 25 | $9.6B | $14.0B | ||
| Q4 24 | $10.0B | $15.6B | ||
| Q3 24 | $9.7B | $15.7B | ||
| Q2 24 | $9.8B | $16.7B |
净利润AXPDAL
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $1.2B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $2.6B | $240.0M | ||
| Q4 24 | $2.2B | $843.0M | ||
| Q3 24 | $2.5B | $1.3B | ||
| Q2 24 | $3.0B | $1.3B |
营业利润率AXPDAL
| Q1 26 | — | 9.2% | ||
| Q4 25 | 28.2% | 9.2% | ||
| Q3 25 | 36.7% | 10.1% | ||
| Q2 25 | 34.4% | 12.6% | ||
| Q1 25 | 34.6% | 4.1% | ||
| Q4 24 | 27.7% | 11.0% | ||
| Q3 24 | 33.0% | 8.9% | ||
| Q2 24 | 38.6% | 13.6% |
净利率AXPDAL
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | 7.6% | ||
| Q3 25 | 27.9% | 8.5% | ||
| Q2 25 | 28.0% | 12.8% | ||
| Q1 25 | 26.8% | 1.7% | ||
| Q4 24 | 21.8% | 5.4% | ||
| Q3 24 | 25.8% | 8.1% | ||
| Q2 24 | 30.7% | 7.8% |
每股收益（稀释后）AXPDAL
| Q1 26 | — | $1.85 | ||
| Q4 25 | $3.52 | $1.85 | ||
| Q3 25 | $4.14 | $2.17 | ||
| Q2 25 | $4.08 | $3.27 | ||
| Q1 25 | $3.64 | $0.37 | ||
| Q4 24 | $3.04 | $1.29 | ||
| Q3 24 | $3.49 | $1.97 | ||
| Q2 24 | $4.15 | $2.01 |
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 | — | $4.3B |
| 总债务越低越好 | $60.4M | $12.5B |
| 股东权益账面价值 | $34.0M | $20.9B |
| 总资产 | $308.9M | $81.3B |
| 负债/权益比越低杠杆越低 | 1.78× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资AXPDAL
| Q1 26 | — | $4.3B | ||
| Q4 25 | $742.0M | $4.3B | ||
| Q3 25 | $1.3B | $3.8B | ||
| Q2 25 | $197.0M | $3.3B | ||
| Q1 25 | $261.0M | $3.7B | ||
| Q4 24 | $221.0M | $3.1B | ||
| Q3 24 | $120.0M | $4.0B | ||
| Q2 24 | $188.0M | $4.2B |
总债务AXPDAL
| Q1 26 | $60.4M | $12.5B | ||
| Q4 25 | $56.4B | $12.5B | ||
| Q3 25 | $57.8B | $12.8B | ||
| Q2 25 | $58.2B | $12.8B | ||
| Q1 25 | $51.2B | $12.9B | ||
| Q4 24 | $49.7B | $14.0B | ||
| Q3 24 | $53.5B | $14.4B | ||
| Q2 24 | $51.5B | $15.0B |
股东权益AXPDAL
| Q1 26 | $34.0M | $20.9B | ||
| Q4 25 | $33.5B | $20.9B | ||
| Q3 25 | $32.4B | $18.8B | ||
| Q2 25 | $32.3B | $17.4B | ||
| Q1 25 | $31.2B | $15.4B | ||
| Q4 24 | $30.3B | $15.3B | ||
| Q3 24 | $29.7B | $13.6B | ||
| Q2 24 | $29.5B | $12.4B |
总资产AXPDAL
| Q1 26 | $308.9M | $81.3B | ||
| Q4 25 | $300.1B | $81.3B | ||
| Q3 25 | $297.6B | $79.6B | ||
| Q2 25 | $295.6B | $78.4B | ||
| Q1 25 | $282.2B | $77.3B | ||
| Q4 24 | $271.5B | $75.4B | ||
| Q3 24 | $271.0B | $75.4B | ||
| Q2 24 | $272.2B | $75.2B |
负债/权益比AXPDAL
| Q1 26 | 1.78× | 0.60× | ||
| Q4 25 | 1.68× | 0.60× | ||
| Q3 25 | 1.78× | 0.68× | ||
| Q2 25 | 1.80× | 0.74× | ||
| Q1 25 | 1.64× | 0.83× | ||
| Q4 24 | 1.64× | 0.92× | ||
| Q3 24 | 1.80× | 1.05× | ||
| Q2 24 | 1.74× | 1.21× |
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
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
DAL
| Passenger Air Traffic | $10.8B | 67% |
| Product And Service Other Refinery | $1.7B | 10% |
| Product And Service Other Loyalty Program | $1.2B | 8% |
| Passenger Loyalty Travel Awards | $1.0B | 6% |
| Passenger Travel Related Services | $506.0M | 3% |
| Product And Service Other Ancillary Businesses | $380.0M | 2% |
| Cargo And Freight | $226.0M | 1% |
| Product And Service Other Miscellaneous | $71.0M | 0% |
