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美国运通（AXP）与百事公司（PEP）财务数据对比。点击上方公司名可切换其他公司
百事公司的季度营收约是美国运通的1.0倍（$19.4B vs $18.9B），美国运通净利率更高（15.7% vs 12.0%，领先3.7%），美国运通同比增速更快（11.4% vs 8.5%），过去两年美国运通的营收复合增速更高（38.8% vs -7.0%）
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。
百事公司是总部位于美国纽约州珀彻斯的跨国食品饮料巨头，1965年由百事可乐公司与菲多利公司合并组建。其业务覆盖食品饮料全品类，负责旗下产品的生产、分销及营销推广，产品线已从最初的百事可乐拓展为丰富多元的品牌矩阵。
AXP vs PEP — 直观对比
营收规模更大
PEP
是对方的1.0倍
$18.9B
营收增速更快
AXP
高出2.9%
8.5%
净利率更高
AXP
高出3.7%
12.0%
两年增速更快
AXP
近两年复合增速
-7.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $18.9B | $19.4B |
| 净利润 | $3.0B | $2.3B |
| 毛利率 | — | 55.2% |
| 营业利润率 | — | 16.5% |
| 净利率 | 15.7% | 12.0% |
| 营收同比 | 11.4% | 8.5% |
| 净利润同比 | 15.0% | — |
| 每股收益（稀释后） | $4.28 | — |
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AXPPEP
| Q1 26 | $18.9B | $19.4B | ||
| Q4 25 | $10.9B | $29.3B | ||
| Q3 25 | $10.4B | $23.9B | ||
| Q2 25 | $10.3B | $22.7B | ||
| Q1 25 | $9.6B | $17.9B | ||
| Q4 24 | $10.0B | $27.8B | ||
| Q3 24 | $9.7B | $23.3B | ||
| Q2 24 | $9.8B | $22.5B |
净利润AXPPEP
| Q1 26 | $3.0B | $2.3B | ||
| Q4 25 | $2.5B | $2.5B | ||
| Q3 25 | $2.9B | $2.6B | ||
| Q2 25 | $2.9B | $1.3B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.2B | $1.5B | ||
| Q3 24 | $2.5B | $2.9B | ||
| Q2 24 | $3.0B | $3.1B |
毛利率AXPPEP
| Q1 26 | — | 55.2% | ||
| Q4 25 | — | 53.2% | ||
| Q3 25 | — | 53.6% | ||
| Q2 25 | — | 54.7% | ||
| Q1 25 | — | 55.8% | ||
| Q4 24 | — | 52.6% | ||
| Q3 24 | — | 55.4% | ||
| Q2 24 | — | 55.9% |
营业利润率AXPPEP
| Q1 26 | — | 16.5% | ||
| Q4 25 | 28.2% | 12.1% | ||
| Q3 25 | 36.7% | 14.9% | ||
| Q2 25 | 34.4% | 7.9% | ||
| Q1 25 | 34.6% | 14.4% | ||
| Q4 24 | 27.7% | 8.1% | ||
| Q3 24 | 33.0% | 16.6% | ||
| Q2 24 | 38.6% | 18.0% |
净利率AXPPEP
| Q1 26 | 15.7% | 12.0% | ||
| Q4 25 | 22.5% | 8.7% | ||
| Q3 25 | 27.9% | 10.9% | ||
| Q2 25 | 28.0% | 5.6% | ||
| Q1 25 | 26.8% | 10.2% | ||
| Q4 24 | 21.8% | 5.5% | ||
| Q3 24 | 25.8% | 12.6% | ||
| Q2 24 | 30.7% | 13.7% |
每股收益（稀释后）AXPPEP
| Q1 26 | $4.28 | — | ||
| Q4 25 | $3.52 | $1.85 | ||
| Q3 25 | $4.14 | $1.90 | ||
| Q2 25 | $4.08 | $0.92 | ||
| Q1 25 | $3.64 | $1.33 | ||
| Q4 24 | $3.04 | $1.11 | ||
| Q3 24 | $3.49 | $2.13 | ||
| Q2 24 | $4.15 | $2.23 |
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 | — | $10.8B |
| 总债务越低越好 | $60.4M | — |
| 股东权益账面价值 | $34.0M | $21.5B |
| 总资产 | $308.9M | $110.6B |
| 负债/权益比越低杠杆越低 | 1.78× | — |
8季度趋势，按日历期对齐
现金及短期投资AXPPEP
| Q1 26 | — | $10.8B | ||
| Q4 25 | $742.0M | $9.5B | ||
| Q3 25 | $1.3B | $8.7B | ||
| Q2 25 | $197.0M | $8.0B | ||
| Q1 25 | $261.0M | $8.6B | ||
| Q4 24 | $221.0M | $9.3B | ||
| Q3 24 | $120.0M | $8.1B | ||
| Q2 24 | $188.0M | $6.7B |
总债务AXPPEP
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $42.3B | ||
| Q3 25 | $57.8B | $44.1B | ||
| Q2 25 | $58.2B | $39.3B | ||
| Q1 25 | $51.2B | $39.4B | ||
| Q4 24 | $49.7B | $37.2B | ||
| Q3 24 | $53.5B | $38.5B | ||
| Q2 24 | $51.5B | $36.6B |
股东权益AXPPEP
| Q1 26 | $34.0M | $21.5B | ||
| Q4 25 | $33.5B | $20.4B | ||
| Q3 25 | $32.4B | $19.4B | ||
| Q2 25 | $32.3B | $18.4B | ||
| Q1 25 | $31.2B | $18.4B | ||
| Q4 24 | $30.3B | $18.0B | ||
| Q3 24 | $29.7B | $19.5B | ||
| Q2 24 | $29.5B | $19.4B |
总资产AXPPEP
| Q1 26 | $308.9M | $110.6B | ||
| Q4 25 | $300.1B | $107.4B | ||
| Q3 25 | $297.6B | $106.6B | ||
| Q2 25 | $295.6B | $105.3B | ||
| Q1 25 | $282.2B | $101.7B | ||
| Q4 24 | $271.5B | $99.5B | ||
| Q3 24 | $271.0B | $100.5B | ||
| Q2 24 | $272.2B | $99.5B |
负债/权益比AXPPEP
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 2.07× | ||
| Q3 25 | 1.78× | 2.28× | ||
| Q2 25 | 1.80× | 2.14× | ||
| Q1 25 | 1.64× | 2.14× | ||
| Q4 24 | 1.64× | 2.06× | ||
| Q3 24 | 1.80× | 1.98× | ||
| Q2 24 | 1.74× | 1.88× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
