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美国运通（AXP）与宣伟（SHW）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宣伟的1.9倍（$10.9B vs $5.7B），美国运通净利率更高（22.5% vs 9.4%，领先13.1%），美国运通同比增速更快（9.9% vs 6.8%），过去两年美国运通的营收复合增速更高（8.2% vs -4.9%）
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。
宣伟是总部位于美国俄亥俄州克利夫兰的涂料企业，主要从事涂料、地坪覆盖材料及相关产品的生产、分销与销售业务，业务覆盖全球超过120个国家，截至2024年按营收计为全球规模最大的涂料企业。
AXP vs SHW — 直观对比
营收规模更大
AXP
是对方的1.9倍
$5.7B
营收增速更快
AXP
高出3.1%
6.8%
净利率更高
AXP
高出13.1%
9.4%
两年增速更快
AXP
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.9B | $5.7B |
| 净利润 | $2.5B | $534.7M |
| 毛利率 | — | 49.1% |
| 营业利润率 | 28.2% | — |
| 净利率 | 22.5% | 9.4% |
| 营收同比 | 9.9% | 6.8% |
| 净利润同比 | 13.5% | 6.1% |
| 每股收益（稀释后） | $3.52 | $2.15 |
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AXPSHW
| Q1 26 | — | $5.7B | ||
| Q4 25 | $10.9B | $5.6B | ||
| Q3 25 | $10.4B | $6.4B | ||
| Q2 25 | $10.3B | $6.3B | ||
| Q1 25 | $9.6B | $5.3B | ||
| Q4 24 | $10.0B | $5.3B | ||
| Q3 24 | $9.7B | $6.2B | ||
| Q2 24 | $9.8B | $6.3B |
净利润AXPSHW
| Q1 26 | — | $534.7M | ||
| Q4 25 | $2.5B | $476.8M | ||
| Q3 25 | $2.9B | $833.1M | ||
| Q2 25 | $2.9B | $754.7M | ||
| Q1 25 | $2.6B | $503.9M | ||
| Q4 24 | $2.2B | $480.1M | ||
| Q3 24 | $2.5B | $806.2M | ||
| Q2 24 | $3.0B | $889.9M |
毛利率AXPSHW
| Q1 26 | — | 49.1% | ||
| Q4 25 | — | 48.5% | ||
| Q3 25 | — | 49.2% | ||
| Q2 25 | — | 49.4% | ||
| Q1 25 | — | 48.2% | ||
| Q4 24 | — | 48.6% | ||
| Q3 24 | — | 49.1% | ||
| Q2 24 | — | 48.8% |
营业利润率AXPSHW
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 11.4% | ||
| Q3 25 | 36.7% | 16.7% | ||
| Q2 25 | 34.4% | 15.6% | ||
| Q1 25 | 34.6% | 12.3% | ||
| Q4 24 | 27.7% | 11.6% | ||
| Q3 24 | 33.0% | 21.4% | ||
| Q2 24 | 38.6% | 22.5% |
净利率AXPSHW
| Q1 26 | — | 9.4% | ||
| Q4 25 | 22.5% | 8.5% | ||
| Q3 25 | 27.9% | 13.1% | ||
| Q2 25 | 28.0% | 12.0% | ||
| Q1 25 | 26.8% | 9.5% | ||
| Q4 24 | 21.8% | 9.1% | ||
| Q3 24 | 25.8% | 13.1% | ||
| Q2 24 | 30.7% | 14.2% |
每股收益（稀释后）AXPSHW
| Q1 26 | — | $2.15 | ||
| Q4 25 | $3.52 | $1.91 | ||
| Q3 25 | $4.14 | $3.35 | ||
| Q2 25 | $4.08 | $3.00 | ||
| Q1 25 | $3.64 | $2.00 | ||
| Q4 24 | $3.04 | $1.90 | ||
| Q3 24 | $3.49 | $3.18 | ||
| Q2 24 | $4.15 | $3.50 |
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 | $216.9K |
| 总债务越低越好 | $56.4B | $11.7M |
| 股东权益账面价值 | $33.5B | $4.4M |
| 总资产 | $300.1B | $26.4M |
| 负债/权益比越低杠杆越低 | 1.68× | 2.64× |
8季度趋势，按日历期对齐
现金及短期投资AXPSHW
| Q1 26 | — | $216.9K | ||
| Q4 25 | $742.0M | $207.2M | ||
| Q3 25 | $1.3B | $241.5M | ||
| Q2 25 | $197.0M | $269.8M | ||
| Q1 25 | $261.0M | $199.8M | ||
| Q4 24 | $221.0M | $210.4M | ||
| Q3 24 | $120.0M | $238.2M | ||
| Q2 24 | $188.0M | $200.0M |
总债务AXPSHW
| Q1 26 | — | $11.7M | ||
| Q4 25 | $56.4B | $9.7B | ||
| Q3 25 | $57.8B | $9.7B | ||
| Q2 25 | $58.2B | $9.0B | ||
| Q1 25 | $51.2B | $9.0B | ||
| Q4 24 | $49.7B | $9.2B | ||
| Q3 24 | $53.5B | $9.2B | ||
| Q2 24 | $51.5B | $9.0B |
股东权益AXPSHW
| Q1 26 | — | $4.4M | ||
| Q4 25 | $33.5B | $4.6B | ||
| Q3 25 | $32.4B | $4.4B | ||
| Q2 25 | $32.3B | $4.4B | ||
| Q1 25 | $31.2B | $4.1B | ||
| Q4 24 | $30.3B | $4.1B | ||
| Q3 24 | $29.7B | $4.2B | ||
| Q2 24 | $29.5B | $3.8B |
总资产AXPSHW
| Q1 26 | — | $26.4M | ||
| Q4 25 | $300.1B | $25.9B | ||
| Q3 25 | $297.6B | $26.2B | ||
| Q2 25 | $295.6B | $25.4B | ||
| Q1 25 | $282.2B | $24.6B | ||
| Q4 24 | $271.5B | $23.6B | ||
| Q3 24 | $271.0B | $24.0B | ||
| Q2 24 | $272.2B | $23.7B |
负债/权益比AXPSHW
| Q1 26 | — | 2.64× | ||
| Q4 25 | 1.68× | 2.10× | ||
| Q3 25 | 1.78× | 2.18× | ||
| Q2 25 | 1.80× | 2.04× | ||
| Q1 25 | 1.64× | 2.17× | ||
| Q4 24 | 1.64× | 2.28× | ||
| Q3 24 | 1.80× | 2.22× | ||
| Q2 24 | 1.74× | 2.39× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $2.3B | — |
| 自由现金流率自由现金流/营收 | 21.4% | — |
| 资本支出强度资本支出/营收 | 6.6% | 2.4% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AXPSHW
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $1.1B | ||
| Q3 25 | $6.2B | $1.3B | ||
| Q2 25 | $4.4B | $1.1B | ||
| Q1 25 | $4.8B | $-61.1M | ||
| Q4 24 | $5.8B | $934.5M | ||
| Q3 24 | $-1.8B | $1.1B | ||
| Q2 24 | $4.5B | $1.2B |
自由现金流AXPSHW
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $862.1M | ||
| Q3 25 | $5.6B | $1.1B | ||
| Q2 25 | $3.7B | $931.1M | ||
| Q1 25 | $4.3B | $-250.4M | ||
| Q4 24 | $5.3B | $634.5M | ||
| Q3 24 | $-2.3B | $839.4M | ||
| Q2 24 | $4.0B | $952.0M |
自由现金流率AXPSHW
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | 15.4% | ||
| Q3 25 | 53.6% | 17.5% | ||
| Q2 25 | 36.3% | 14.7% | ||
| Q1 25 | 45.0% | -4.7% | ||
| Q4 24 | 53.1% | 12.0% | ||
| Q3 24 | -23.3% | 13.6% | ||
| Q2 24 | 40.4% | 15.2% |
资本支出强度AXPSHW
| Q1 26 | — | 2.4% | ||
| Q4 25 | 6.6% | 4.1% | ||
| Q3 25 | 6.3% | 3.1% | ||
| Q2 25 | 6.0% | 2.9% | ||
| Q1 25 | 4.5% | 3.6% | ||
| Q4 24 | 5.0% | 5.7% | ||
| Q3 24 | 4.7% | 3.8% | ||
| Q2 24 | 5.8% | 4.0% |
现金转化率AXPSHW
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | 2.29× | ||
| Q3 25 | 2.15× | 1.57× | ||
| Q2 25 | 1.51× | 1.47× | ||
| Q1 25 | 1.84× | -0.12× | ||
| Q4 24 | 2.66× | 1.95× | ||
| Q3 24 | -0.72× | 1.33× | ||
| Q2 24 | 1.50× | 1.35× |
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% |
SHW
暂无分部数据
