vs
美国运通（AXP）与IREN Ltd（IREN）财务数据对比。点击上方公司名可切换其他公司
美国运通的季度营收约是IREN Ltd的59.2倍（$10.9B vs $184.7M），美国运通净利率更高（22.5% vs -84.1%，领先106.6%），IREN Ltd同比增速更快（59.0% vs 9.9%），美国运通自由现金流更多（$2.3B vs $-468.0M）
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。
IREN Ltd是一家垂直整合的数据中心企业，依托可再生能源为比特币、人工智能等前沿领域发展提供算力支撑，旗下设施策略性布局于美国及加拿大境内可再生能源丰富、光纤网络完善的区域。
AXP vs IREN — 直观对比
营收规模更大
AXP
是对方的59.2倍
$184.7M
营收增速更快
IREN
高出49.1%
9.9%
净利率更高
AXP
高出106.6%
-84.1%
自由现金流更多
AXP
多$2.8B
$-468.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.9B | $184.7M |
| 净利润 | $2.5B | $-155.4M |
| 毛利率 | — | 64.4% |
| 营业利润率 | 28.2% | -63.0% |
| 净利率 | 22.5% | -84.1% |
| 营收同比 | 9.9% | 59.0% |
| 净利润同比 | 13.5% | -610.0% |
| 每股收益（稀释后） | $3.52 | $-0.52 |
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AXPIREN
| Q4 25 | $10.9B | $184.7M | ||
| Q3 25 | $10.4B | $240.3M | ||
| Q2 25 | $10.3B | — | ||
| Q1 25 | $9.6B | — | ||
| Q4 24 | $10.0B | $116.1M | ||
| Q3 24 | $9.7B | $52.8M | ||
| Q2 24 | $9.8B | — | ||
| Q1 24 | $9.3B | $54.3M |
净利润AXPIREN
| Q4 25 | $2.5B | $-155.4M | ||
| Q3 25 | $2.9B | $384.6M | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.2B | $-21.9M | ||
| Q3 24 | $2.5B | $-51.7M | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.4B | $8.6M |
毛利率AXPIREN
| Q4 25 | — | 64.4% | ||
| Q3 25 | — | 66.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 72.2% | ||
| Q3 24 | — | 39.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率AXPIREN
| Q4 25 | 28.2% | -63.0% | ||
| Q3 25 | 36.7% | -31.8% | ||
| Q2 25 | 34.4% | — | ||
| Q1 25 | 34.6% | — | ||
| Q4 24 | 27.7% | 14.9% | ||
| Q3 24 | 33.0% | -89.2% | ||
| Q2 24 | 38.6% | — | ||
| Q1 24 | 33.7% | 11.1% |
净利率AXPIREN
| Q4 25 | 22.5% | -84.1% | ||
| Q3 25 | 27.9% | 160.1% | ||
| Q2 25 | 28.0% | — | ||
| Q1 25 | 26.8% | — | ||
| Q4 24 | 21.8% | -18.8% | ||
| Q3 24 | 25.8% | -98.0% | ||
| Q2 24 | 30.7% | — | ||
| Q1 24 | 26.1% | 15.9% |
每股收益（稀释后）AXPIREN
| Q4 25 | $3.52 | $-0.52 | ||
| Q3 25 | $4.14 | $1.08 | ||
| Q2 25 | $4.08 | — | ||
| Q1 25 | $3.64 | — | ||
| Q4 24 | $3.04 | $-0.10 | ||
| Q3 24 | $3.49 | $-0.27 | ||
| Q2 24 | $4.15 | — | ||
| Q1 24 | $3.33 | $0.00 |
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 | $742.0M | $3.3B |
| 总债务越低越好 | $56.4B | — |
| 股东权益账面价值 | $33.5B | $2.5B |
| 总资产 | $300.1B | $7.0B |
| 负债/权益比越低杠杆越低 | 1.68× | — |
8季度趋势，按日历期对齐
现金及短期投资AXPIREN
| Q4 25 | $742.0M | $3.3B | ||
| Q3 25 | $1.3B | $1.0B | ||
| Q2 25 | $197.0M | — | ||
| Q1 25 | $261.0M | — | ||
| Q4 24 | $221.0M | $427.3M | ||
| Q3 24 | $120.0M | $98.6M | ||
| Q2 24 | $188.0M | — | ||
| Q1 24 | $69.0M | $259.7M |
总债务AXPIREN
| Q4 25 | $56.4B | — | ||
| Q3 25 | $57.8B | — | ||
| Q2 25 | $58.2B | — | ||
| Q1 25 | $51.2B | — | ||
| Q4 24 | $49.7B | — | ||
| Q3 24 | $53.5B | — | ||
| Q2 24 | $51.5B | — | ||
| Q1 24 | $48.8B | — |
股东权益AXPIREN
| Q4 25 | $33.5B | $2.5B | ||
| Q3 25 | $32.4B | $2.9B | ||
| Q2 25 | $32.3B | — | ||
| Q1 25 | $31.2B | — | ||
| Q4 24 | $30.3B | $1.2B | ||
| Q3 24 | $29.7B | $1.1B | ||
| Q2 24 | $29.5B | — | ||
| Q1 24 | $28.8B | $677.2M |
总资产AXPIREN
| Q4 25 | $300.1B | $7.0B | ||
| Q3 25 | $297.6B | $4.3B | ||
| Q2 25 | $295.6B | — | ||
| Q1 25 | $282.2B | — | ||
| Q4 24 | $271.5B | $1.9B | ||
| Q3 24 | $271.0B | $1.3B | ||
| Q2 24 | $272.2B | — | ||
| Q1 24 | $269.3B | $723.6M |
负债/权益比AXPIREN
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.78× | — | ||
| Q2 25 | 1.80× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.64× | — | ||
| Q3 24 | 1.80× | — | ||
| Q2 24 | 1.74× | — | ||
| Q1 24 | 1.70× | — |
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 | $3.1B | $71.7M |
| 自由现金流经营现金流 - 资本支出 | $2.3B | $-468.0M |
| 自由现金流率自由现金流/营收 | 21.4% | -253.4% |
| 资本支出强度资本支出/营收 | 6.6% | 292.2% |
| 现金转化率经营现金流/净利润 | 1.25× | — |
| 过去12个月自由现金流最近4个季度 | $16.0B | $-701.2M |
8季度趋势，按日历期对齐
经营现金流AXPIREN
| Q4 25 | $3.1B | $71.7M | ||
| Q3 25 | $6.2B | $142.4M | ||
| Q2 25 | $4.4B | — | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $5.8B | $53.6M | ||
| Q3 24 | $-1.8B | $-3.9M | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $5.6B | $-27.1M |
自由现金流AXPIREN
| Q4 25 | $2.3B | $-468.0M | ||
| Q3 25 | $5.6B | $-38.0M | ||
| Q2 25 | $3.7B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $5.3B | $-85.5M | ||
| Q3 24 | $-2.3B | $-109.7M | ||
| Q2 24 | $4.0B | — | ||
| Q1 24 | $5.2B | $-108.3M |
自由现金流率AXPIREN
| Q4 25 | 21.4% | -253.4% | ||
| Q3 25 | 53.6% | -15.8% | ||
| Q2 25 | 36.3% | — | ||
| Q1 25 | 45.0% | — | ||
| Q4 24 | 53.1% | -73.6% | ||
| Q3 24 | -23.3% | -208.0% | ||
| Q2 24 | 40.4% | — | ||
| Q1 24 | 55.2% | -199.4% |
资本支出强度AXPIREN
| Q4 25 | 6.6% | 292.2% | ||
| Q3 25 | 6.3% | 75.0% | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 5.0% | 119.7% | ||
| Q3 24 | 4.7% | 200.6% | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | 4.2% | 149.5% |
现金转化率AXPIREN
| Q4 25 | 1.25× | — | ||
| Q3 25 | 2.15× | 0.37× | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | — | ||
| Q1 24 | 2.28× | -3.13× |
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
| US Consumer Services Segment | $4.2B | 38% |
| Commercial Services Segment | $3.1B | 28% |
| International Card Services Segment | $2.1B | 19% |
| Global Merchant And Network Services Segment | $1.7B | 15% |
| Financial Service Other | $471.0M | 4% |
IREN
| Bitcoin Mining Revenue | $167.4M | 91% |
| AI Cloud Services | $17.3M | 9% |
