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美国运通（AXP）与丽思卡尔顿酒店集团（INN）财务数据对比。点击上方公司名可切换其他公司
丽思卡尔顿酒店集团的季度营收约是美国运通的9.3倍（$175.0M vs $18.9M）。美国运通净利率更高（15.7% vs -1.5%，领先17.2%）。美国运通同比增速更快（11.4% vs 1.2%）。过去两年丽思卡尔顿酒店集团的营收复合增速更高（-3.6% 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。
丽思卡尔顿酒店集团是源自美国的跨国豪华连锁酒店品牌，主打高端奢华住宿体验，目前在全球30个国家和地区运营着108家豪华酒店及度假村，共计拥有超过2.9万间客房，另有46家合计近9千间客房的项目正在筹备规划中。
AXP vs INN — 直观对比
营收规模更大
INN
是对方的9.3倍
$18.9M
营收增速更快
AXP
高出10.3%
1.2%
净利率更高
AXP
高出17.2%
-1.5%
两年增速更快
INN
近两年复合增速
-95.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $175.0M |
| 净利润 | $3.0M | $-2.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.3% |
| 净利率 | 15.7% | -1.5% |
| 营收同比 | 11.4% | 1.2% |
| 净利润同比 | 15.0% | -381.3% |
| 每股收益（稀释后） | — | $-0.05 |
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AXPINN
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $175.0M | ||
| Q3 25 | $10.4B | $177.1M | ||
| Q2 25 | $10.3B | $192.9M | ||
| Q1 25 | $9.6B | $184.5M | ||
| Q4 24 | $10.0B | $172.9M | ||
| Q3 24 | $9.7B | $176.8M | ||
| Q2 24 | $9.8B | $193.9M |
净利润AXPINN
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $-2.6M | ||
| Q3 25 | $2.9B | $-11.8M | ||
| Q2 25 | $2.9B | $2.0M | ||
| Q1 25 | $2.6B | $623.0K | ||
| Q4 24 | $2.2B | $916.0K | ||
| Q3 24 | $2.5B | $-3.6M | ||
| Q2 24 | $3.0B | $38.7M |
营业利润率AXPINN
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 8.3% | ||
| Q3 25 | 36.7% | 4.8% | ||
| Q2 25 | 34.4% | 11.8% | ||
| Q1 25 | 34.6% | 10.7% | ||
| Q4 24 | 27.7% | 4.6% | ||
| Q3 24 | 33.0% | 8.9% | ||
| Q2 24 | 38.6% | 29.0% |
净利率AXPINN
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | -1.5% | ||
| Q3 25 | 27.9% | -6.6% | ||
| Q2 25 | 28.0% | 1.1% | ||
| Q1 25 | 26.8% | 0.3% | ||
| Q4 24 | 21.8% | 0.5% | ||
| Q3 24 | 25.8% | -2.0% | ||
| Q2 24 | 30.7% | 20.0% |
每股收益（稀释后）AXPINN
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | $-0.05 | ||
| Q3 25 | $4.14 | $-0.11 | ||
| Q2 25 | $4.08 | $-0.02 | ||
| Q1 25 | $3.64 | $-0.04 | ||
| Q4 24 | $3.04 | $0.05 | ||
| Q3 24 | $3.49 | $-0.04 | ||
| Q2 24 | $4.15 | $0.23 |
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 | — | $36.1M |
| 总债务越低越好 | $60.4M | $1.4B |
| 股东权益账面价值 | $34.0M | $862.2M |
| 总资产 | $308.9M | $2.8B |
| 负债/权益比越低杠杆越低 | 1.78× | 1.62× |
8季度趋势，按日历期对齐
现金及短期投资AXPINN
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $36.1M | ||
| Q3 25 | $1.3B | $41.1M | ||
| Q2 25 | $197.0M | $39.5M | ||
| Q1 25 | $261.0M | $48.2M | ||
| Q4 24 | $221.0M | $40.6M | ||
| Q3 24 | $120.0M | $51.7M | ||
| Q2 24 | $188.0M | $45.9M |
总债务AXPINN
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $1.4B | ||
| Q3 25 | $57.8B | $1.4B | ||
| Q2 25 | $58.2B | $1.4B | ||
| Q1 25 | $51.2B | $1.4B | ||
| Q4 24 | $49.7B | $1.4B | ||
| Q3 24 | $53.5B | $1.3B | ||
| Q2 24 | $51.5B | $1.3B |
股东权益AXPINN
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $862.2M | ||
| Q3 25 | $32.4B | $875.8M | ||
| Q2 25 | $32.3B | $895.1M | ||
| Q1 25 | $31.2B | $920.4M | ||
| Q4 24 | $30.3B | $909.5M | ||
| Q3 24 | $29.7B | $911.4M | ||
| Q2 24 | $29.5B | $931.9M |
总资产AXPINN
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $2.8B | ||
| Q3 25 | $297.6B | $2.8B | ||
| Q2 25 | $295.6B | $2.9B | ||
| Q1 25 | $282.2B | $2.9B | ||
| Q4 24 | $271.5B | $2.9B | ||
| Q3 24 | $271.0B | $2.8B | ||
| Q2 24 | $272.2B | $2.9B |
负债/权益比AXPINN
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 1.62× | ||
| Q3 25 | 1.78× | 1.62× | ||
| Q2 25 | 1.80× | 1.59× | ||
| Q1 25 | 1.64× | 1.54× | ||
| Q4 24 | 1.64× | 1.54× | ||
| Q3 24 | 1.80× | 1.47× | ||
| Q2 24 | 1.74× | 1.44× |
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 | — | $28.5M |
| 自由现金流经营现金流 - 资本支出 | — | $9.5M |
| 自由现金流率自由现金流/营收 | — | 5.4% |
| 资本支出强度资本支出/营收 | — | 10.9% |
| 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 | — | $73.6M |
8季度趋势，按日历期对齐
经营现金流AXPINN
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $28.5M | ||
| Q3 25 | $6.2B | $45.8M | ||
| Q2 25 | $4.4B | $48.8M | ||
| Q1 25 | $4.8B | $25.9M | ||
| Q4 24 | $5.8B | $32.2M | ||
| Q3 24 | $-1.8B | $55.7M | ||
| Q2 24 | $4.5B | $50.3M |
自由现金流AXPINN
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $9.5M | ||
| Q3 25 | $5.6B | $24.0M | ||
| Q2 25 | $3.7B | $30.0M | ||
| Q1 25 | $4.3B | $10.1M | ||
| Q4 24 | $5.3B | $4.4M | ||
| Q3 24 | $-2.3B | $33.1M | ||
| Q2 24 | $4.0B | $29.4M |
自由现金流率AXPINN
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | 5.4% | ||
| Q3 25 | 53.6% | 13.5% | ||
| Q2 25 | 36.3% | 15.5% | ||
| Q1 25 | 45.0% | 5.5% | ||
| Q4 24 | 53.1% | 2.5% | ||
| Q3 24 | -23.3% | 18.7% | ||
| Q2 24 | 40.4% | 15.2% |
资本支出强度AXPINN
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 10.9% | ||
| Q3 25 | 6.3% | 12.3% | ||
| Q2 25 | 6.0% | 9.8% | ||
| Q1 25 | 4.5% | 8.5% | ||
| Q4 24 | 5.0% | 16.1% | ||
| Q3 24 | 4.7% | 12.7% | ||
| Q2 24 | 5.8% | 10.8% |
现金转化率AXPINN
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | — | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | 23.97× | ||
| Q1 25 | 1.84× | 41.49× | ||
| Q4 24 | 2.66× | 35.14× | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | 1.30× |
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% |
INN
| Occupancy | $153.1M | 88% |
| Food And Beverage | $11.0M | 6% |
| Other | $10.8M | 6% |
