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美国运通（AXP）与UWM Holdings Corp（UWMC）财务数据对比。点击上方公司名可切换其他公司
UWM Holdings Corp的季度营收约是美国运通的50.0倍（$945.2M vs $18.9M）。美国运通净利率更高（15.7% vs 2.1%，领先13.7%）。UWM Holdings Corp同比增速更快（68.7% vs 11.4%）。过去两年UWM Holdings Corp的营收复合增速更高（28.8% 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。
UWM控股（前身为联合海岸金融服务）是总部位于美国密歇根州庞蒂亚克的批发抵押贷款机构，专门为独立贷款经纪人提供贷款承销服务，据2024年公开数据显示，该公司是目前美国规模最大的抵押贷款放贷机构。
AXP vs UWMC — 直观对比
营收规模更大
UWMC
是对方的50.0倍
$18.9M
营收增速更快
UWMC
高出57.3%
11.4%
净利率更高
AXP
高出13.7%
2.1%
两年增速更快
UWMC
近两年复合增速
-95.6%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $945.2M |
| 净利润 | $3.0M | $19.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 17.9% |
| 净利率 | 15.7% | 2.1% |
| 营收同比 | 11.4% | 68.7% |
| 净利润同比 | 15.0% | 117.6% |
| 每股收益（稀释后） | — | $0.14 |
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AXPUWMC
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $945.2M | ||
| Q3 25 | $10.4B | $843.3M | ||
| Q2 25 | $10.3B | $758.7M | ||
| Q1 25 | $9.6B | $613.4M | ||
| Q4 24 | $10.0B | $560.2M | ||
| Q3 24 | $9.7B | $526.4M | ||
| Q2 24 | $9.8B | $507.1M |
净利润AXPUWMC
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $19.4M | ||
| Q3 25 | $2.9B | $-1.3M | ||
| Q2 25 | $2.9B | $22.9M | ||
| Q1 25 | $2.6B | $-13.7M | ||
| Q4 24 | $2.2B | $8.9M | ||
| Q3 24 | $2.5B | $-6.3M | ||
| Q2 24 | $3.0B | $3.0M |
营业利润率AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 17.9% | ||
| Q3 25 | 36.7% | 1.5% | ||
| Q2 25 | 34.4% | 43.4% | ||
| Q1 25 | 34.6% | -42.5% | ||
| Q4 24 | 27.7% | 7.6% | ||
| Q3 24 | 33.0% | 6.1% | ||
| Q2 24 | 38.6% | 15.2% |
净利率AXPUWMC
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | 2.1% | ||
| Q3 25 | 27.9% | -0.1% | ||
| Q2 25 | 28.0% | 3.0% | ||
| Q1 25 | 26.8% | -2.2% | ||
| Q4 24 | 21.8% | 1.6% | ||
| Q3 24 | 25.8% | -1.2% | ||
| Q2 24 | 30.7% | 0.6% |
每股收益（稀释后）AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | $0.14 | ||
| Q3 25 | $4.14 | $-0.01 | ||
| Q2 25 | $4.08 | $0.11 | ||
| Q1 25 | $3.64 | $-0.12 | ||
| Q4 24 | $3.04 | $0.07 | ||
| Q3 24 | $3.49 | $-0.06 | ||
| Q2 24 | $4.15 | $0.03 |
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 | — | $503.4M |
| 总债务越低越好 | $60.4M | $3.0B |
| 股东权益账面价值 | $34.0M | $1.6B |
| 总资产 | $308.9M | $16.9B |
| 负债/权益比越低杠杆越低 | 1.78× | 1.87× |
8季度趋势，按日历期对齐
现金及短期投资AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $503.4M | ||
| Q3 25 | $1.3B | $870.7M | ||
| Q2 25 | $197.0M | $490.0M | ||
| Q1 25 | $261.0M | $485.0M | ||
| Q4 24 | $221.0M | $507.3M | ||
| Q3 24 | $120.0M | $636.3M | ||
| Q2 24 | $188.0M | $680.2M |
总债务AXPUWMC
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $3.0B | ||
| Q3 25 | $57.8B | $3.8B | ||
| Q2 25 | $58.2B | $2.8B | ||
| Q1 25 | $51.2B | $2.8B | ||
| Q4 24 | $49.7B | $2.8B | ||
| Q3 24 | $53.5B | $2.0B | ||
| Q2 24 | $51.5B | $2.0B |
股东权益AXPUWMC
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $1.6B | ||
| Q3 25 | $32.4B | $1.6B | ||
| Q2 25 | $32.3B | $1.7B | ||
| Q1 25 | $31.2B | $1.6B | ||
| Q4 24 | $30.3B | $2.1B | ||
| Q3 24 | $29.7B | $2.2B | ||
| Q2 24 | $29.5B | $2.3B |
总资产AXPUWMC
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $16.9B | ||
| Q3 25 | $297.6B | $17.0B | ||
| Q2 25 | $295.6B | $13.9B | ||
| Q1 25 | $282.2B | $14.0B | ||
| Q4 24 | $271.5B | $15.7B | ||
| Q3 24 | $271.0B | $15.1B | ||
| Q2 24 | $272.2B | $12.9B |
负债/权益比AXPUWMC
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 1.87× | ||
| Q3 25 | 1.78× | 2.38× | ||
| Q2 25 | 1.80× | 1.59× | ||
| Q1 25 | 1.64× | 1.70× | ||
| Q4 24 | 1.64× | 1.36× | ||
| Q3 24 | 1.80× | 0.92× | ||
| Q2 24 | 1.74× | 0.86× |
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 | — | $103.8M |
| 自由现金流经营现金流 - 资本支出 | — | $82.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | — | 5.34× |
| 过去12个月自由现金流最近4个季度 | — | $-2.7B |
8季度趋势，按日历期对齐
经营现金流AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $103.8M | ||
| Q3 25 | $6.2B | $-3.1B | ||
| Q2 25 | $4.4B | $-265.9M | ||
| Q1 25 | $4.8B | $593.9M | ||
| Q4 24 | $5.8B | $-543.3M | ||
| Q3 24 | $-1.8B | $-2.2B | ||
| Q2 24 | $4.5B | $-1.3B |
自由现金流AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $82.0M | ||
| Q3 25 | $5.6B | $-3.1B | ||
| Q2 25 | $3.7B | $-290.1M | ||
| Q1 25 | $4.3B | $576.1M | ||
| Q4 24 | $5.3B | $-551.6M | ||
| Q3 24 | $-2.3B | $-2.2B | ||
| Q2 24 | $4.0B | $-1.3B |
自由现金流率AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | 8.7% | ||
| Q3 25 | 53.6% | -366.4% | ||
| Q2 25 | 36.3% | -38.2% | ||
| Q1 25 | 45.0% | 93.9% | ||
| Q4 24 | 53.1% | -98.5% | ||
| Q3 24 | -23.3% | -416.1% | ||
| Q2 24 | 40.4% | -262.1% |
资本支出强度AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 2.3% | ||
| Q3 25 | 6.3% | 1.2% | ||
| Q2 25 | 6.0% | 3.2% | ||
| Q1 25 | 4.5% | 2.9% | ||
| Q4 24 | 5.0% | 1.5% | ||
| Q3 24 | 4.7% | 2.3% | ||
| Q2 24 | 5.8% | 2.4% |
现金转化率AXPUWMC
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | 5.34× | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | -11.61× | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | -60.91× | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | -431.86× |
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% |
UWMC
暂无分部数据
