vs
AutoZone（AZO）与百度（BIDU）财务数据对比。点击上方公司名可切换其他公司
百度的季度营收约是AutoZone的1.2倍（$5.0B vs $4.3B），AutoZone净利率更高（11.0% vs 6.0%，领先5.0%），百度同比增速更快（14.0% vs 8.1%），过去两年百度的营收复合增速更高（7.5% vs 0.5%）
AutoZone是美国规模最大的汽车售后零部件及配件零售商，1979年正式成立，总部位于田纳西州孟菲斯。目前企业在全美、墨西哥、波多黎各、巴西及美属维尔京群岛共开设7140家门店，为车主及汽修从业人员提供多元齐全的汽车相关配件产品。
百度是中国头部跨国科技企业，深耕互联网服务与人工智能赛道，在中国搜索引擎市场占据主导地位。旗下拥有百度APP、百度百科、百度贴吧等多元产品矩阵，同时运营视频平台爱奇艺，可为海量用户提供覆盖多场景的优质数字服务。
AZO vs BIDU — 直观对比
营收规模更大
BIDU
是对方的1.2倍
$4.3B
营收增速更快
BIDU
高出5.8%
8.1%
净利率更高
AZO
高出5.0%
6.0%
两年增速更快
BIDU
近两年复合增速
0.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $5.0B |
| 净利润 | $468.9M | $300.0M |
| 毛利率 | 52.5% | 41.0% |
| 营业利润率 | 16.3% | 4.1% |
| 净利率 | 11.0% | 6.0% |
| 营收同比 | 8.1% | 14.0% |
| 净利润同比 | -3.9% | -47.1% |
| 每股收益（稀释后） | $27.63 | $0.53 |
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AZOBIDU
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $5.0B | ||
| Q3 25 | $6.2B | $4.4B | ||
| Q2 25 | $4.5B | $4.6B | ||
| Q1 25 | $4.0B | $4.5B | ||
| Q4 24 | $4.3B | $4.4B | ||
| Q3 24 | $6.2B | $4.8B | ||
| Q2 24 | $4.2B | $4.7B |
净利润AZOBIDU
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $300.0M | ||
| Q3 25 | $837.0M | $-1.6B | ||
| Q2 25 | $608.4M | $1.0B | ||
| Q1 25 | $487.9M | $1.1B | ||
| Q4 24 | $564.9M | $567.0M | ||
| Q3 24 | $902.2M | $1.1B | ||
| Q2 24 | $651.7M | $768.0M |
毛利率AZOBIDU
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 41.0% | ||
| Q3 25 | 51.5% | 41.2% | ||
| Q2 25 | 52.7% | 43.9% | ||
| Q1 25 | 53.9% | 46.1% | ||
| Q4 24 | 53.0% | 49.9% | ||
| Q3 24 | 52.5% | 51.1% | ||
| Q2 24 | 53.5% | 51.7% |
营业利润率AZOBIDU
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | 4.1% | ||
| Q3 25 | 19.2% | -48.4% | ||
| Q2 25 | 19.4% | 10.0% | ||
| Q1 25 | 17.9% | 13.9% | ||
| Q4 24 | 19.7% | 11.1% | ||
| Q3 24 | 20.9% | 17.6% | ||
| Q2 24 | 21.3% | 17.5% |
净利率AZOBIDU
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | 6.0% | ||
| Q3 25 | 13.4% | -36.3% | ||
| Q2 25 | 13.6% | 22.2% | ||
| Q1 25 | 12.3% | 24.1% | ||
| Q4 24 | 13.2% | 12.8% | ||
| Q3 24 | 14.5% | 23.2% | ||
| Q2 24 | 15.4% | 16.4% |
每股收益（稀释后）AZOBIDU
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $0.53 | ||
| Q3 25 | $48.70 | $-4.76 | ||
| Q2 25 | $35.36 | $2.84 | ||
| Q1 25 | $28.29 | $2.98 | ||
| Q4 24 | $32.52 | $1.95 | ||
| Q3 24 | $51.42 | $3.08 | ||
| Q2 24 | $36.69 | — |
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 | $285.5M | $16.5B |
| 总债务越低越好 | — | $5.9B |
| 股东权益账面价值 | $-2.9B | $38.1B |
| 总资产 | $20.4B | $64.2B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资AZOBIDU
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $16.5B | ||
| Q3 25 | $271.8M | $17.5B | ||
| Q2 25 | $268.6M | $17.3B | ||
| Q1 25 | $300.9M | $19.5B | ||
| Q4 24 | $304.0M | $17.5B | ||
| Q3 24 | $298.2M | $18.9B | ||
| Q2 24 | $275.4M | — |
总债务AZOBIDU
| Q1 26 | — | — | ||
| Q4 25 | — | $5.9B | ||
| Q3 25 | — | $2.5B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $4.9B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | — |
股东权益AZOBIDU
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $38.1B | ||
| Q3 25 | $-3.4B | $38.6B | ||
| Q2 25 | $-4.0B | $39.8B | ||
| Q1 25 | $-4.5B | $38.6B | ||
| Q4 24 | $-4.7B | $36.1B | ||
| Q3 24 | $-4.7B | $38.5B | ||
| Q2 24 | $-4.8B | — |
总资产AZOBIDU
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $64.2B | ||
| Q3 25 | $19.4B | $62.4B | ||
| Q2 25 | $18.6B | $62.9B | ||
| Q1 25 | $18.1B | $62.6B | ||
| Q4 24 | $17.5B | $58.6B | ||
| Q3 24 | $17.2B | $59.5B | ||
| Q2 24 | $17.1B | — |
负债/权益比AZOBIDU
| Q1 26 | — | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 0.06× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.05× | ||
| Q2 24 | — | — |
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 | $373.4M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $35.6M | — |
| 自由现金流率自由现金流/营收 | 0.8% | — |
| 资本支出强度资本支出/营收 | 7.9% | — |
| 现金转化率经营现金流/净利润 | 0.80× | 5.08× |
| 过去12个月自由现金流最近4个季度 | $1.6B | — |
8季度趋势，按日历期对齐
经营现金流AZOBIDU
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $1.5B | ||
| Q3 25 | $952.8M | — | ||
| Q2 25 | $769.0M | $-6.3B | ||
| Q1 25 | $583.7M | — | ||
| Q4 24 | $811.8M | $4.0B | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $669.5M | $5.3B |
自由现金流AZOBIDU
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | — | ||
| Q3 25 | $511.1M | — | ||
| Q2 25 | $423.1M | — | ||
| Q1 25 | $291.0M | — | ||
| Q4 24 | $564.8M | — | ||
| Q3 24 | $723.5M | — | ||
| Q2 24 | $434.4M | — |
自由现金流率AZOBIDU
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | — | ||
| Q3 25 | 8.2% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 13.2% | — | ||
| Q3 24 | 11.7% | — | ||
| Q2 24 | 10.3% | — |
资本支出强度AZOBIDU
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 5.6% | — | ||
| Q2 24 | 5.6% | — |
现金转化率AZOBIDU
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | 5.08× | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.26× | -6.26× | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.44× | 7.12× | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.03× | 6.88× |
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
AZO
暂无分部数据
BIDU
| Legacy Business | $1.8B | 35% |
| Baidu Core AI-powered Business | $1.6B | 32% |
| Other | $1.3B | 26% |
| Others | $357.5M | 7% |
