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AutoZone（AZO）与HNI CORP（HNI）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是HNI CORP的6.3倍（$4.3B vs $683.8M），AutoZone净利率更高（11.0% vs 6.0%，领先4.9%），AutoZone同比增速更快（8.1% vs 1.7%），HNI CORP自由现金流更多（$135.6M vs $35.6M），过去两年AutoZone的营收复合增速更高（0.5% vs 0.3%）
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。
HNI公司是全球营收规模领先的办公家具制造商之一，同时也是全球壁炉产品行业的头部企业，生产销售燃气、电、燃木及生物质燃料壁炉、嵌入式炉具、取暖炉、饰面及相关配件。公司1944年由工程师C.麦克斯韦·斯坦利等三人联合创立，总部位于美国爱荷华州马斯卡廷。
AZO vs HNI — 直观对比
营收规模更大
AZO
是对方的6.3倍
$683.8M
营收增速更快
AZO
高出6.4%
1.7%
净利率更高
AZO
高出4.9%
6.0%
自由现金流更多
HNI
多$100.0M
$35.6M
两年增速更快
AZO
近两年复合增速
0.3%
损益表 — Q2 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $683.8M |
| 净利润 | $468.9M | $41.2M |
| 毛利率 | 52.5% | 42.1% |
| 营业利润率 | 16.3% | 9.4% |
| 净利率 | 11.0% | 6.0% |
| 营收同比 | 8.1% | 1.7% |
| 净利润同比 | -3.9% | -13.3% |
| 每股收益（稀释后） | $27.63 | $0.88 |
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AZOHNI
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | — | ||
| Q3 25 | $6.2B | $683.8M | ||
| Q2 25 | $4.5B | $667.1M | ||
| Q1 25 | $4.0B | $599.8M | ||
| Q4 24 | $4.3B | $642.5M | ||
| Q3 24 | $6.2B | $672.2M | ||
| Q2 24 | $4.2B | $623.7M |
净利润AZOHNI
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | — | ||
| Q3 25 | $837.0M | $41.2M | ||
| Q2 25 | $608.4M | $48.2M | ||
| Q1 25 | $487.9M | $13.9M | ||
| Q4 24 | $564.9M | $38.3M | ||
| Q3 24 | $902.2M | $47.5M | ||
| Q2 24 | $651.7M | $36.0M |
毛利率AZOHNI
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | — | ||
| Q3 25 | 51.5% | 42.1% | ||
| Q2 25 | 52.7% | 42.9% | ||
| Q1 25 | 53.9% | 39.7% | ||
| Q4 24 | 53.0% | 40.5% | ||
| Q3 24 | 52.5% | 41.5% | ||
| Q2 24 | 53.5% | 41.9% |
营业利润率AZOHNI
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | — | ||
| Q3 25 | 19.2% | 9.4% | ||
| Q2 25 | 19.4% | 10.2% | ||
| Q1 25 | 17.9% | 4.1% | ||
| Q4 24 | 19.7% | 8.5% | ||
| Q3 24 | 20.9% | 10.2% | ||
| Q2 24 | 21.3% | 8.6% |
净利率AZOHNI
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | — | ||
| Q3 25 | 13.4% | 6.0% | ||
| Q2 25 | 13.6% | 7.2% | ||
| Q1 25 | 12.3% | 2.3% | ||
| Q4 24 | 13.2% | 6.0% | ||
| Q3 24 | 14.5% | 7.1% | ||
| Q2 24 | 15.4% | 5.8% |
每股收益（稀释后）AZOHNI
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | — | ||
| Q3 25 | $48.70 | $0.88 | ||
| Q2 25 | $35.36 | $1.02 | ||
| Q1 25 | $28.29 | $0.29 | ||
| Q4 24 | $32.52 | $0.78 | ||
| Q3 24 | $51.42 | $0.98 | ||
| Q2 24 | $36.69 | $0.75 |
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 | $28.1M |
| 总债务越低越好 | — | $324.2M |
| 股东权益账面价值 | $-2.9B | $835.9M |
| 总资产 | $20.4B | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资AZOHNI
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | — | ||
| Q3 25 | $271.8M | $28.1M | ||
| Q2 25 | $268.6M | $38.2M | ||
| Q1 25 | $300.9M | $27.5M | ||
| Q4 24 | $304.0M | $28.9M | ||
| Q3 24 | $298.2M | $40.2M | ||
| Q2 24 | $275.4M | $33.5M |
总债务AZOHNI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $324.2M | ||
| Q2 25 | — | $444.4M | ||
| Q1 25 | — | $404.7M | ||
| Q4 24 | — | $344.6M | ||
| Q3 24 | — | $345.4M | ||
| Q2 24 | — | $462.3M |
股东权益AZOHNI
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | — | ||
| Q3 25 | $-3.4B | $835.9M | ||
| Q2 25 | $-4.0B | $811.0M | ||
| Q1 25 | $-4.5B | $803.6M | ||
| Q4 24 | $-4.7B | $840.1M | ||
| Q3 24 | $-4.7B | $846.6M | ||
| Q2 24 | $-4.8B | $787.8M |
总资产AZOHNI
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | — | ||
| Q3 25 | $19.4B | $1.8B | ||
| Q2 25 | $18.6B | $1.9B | ||
| Q1 25 | $18.1B | $1.9B | ||
| Q4 24 | $17.5B | $1.9B | ||
| Q3 24 | $17.2B | $1.9B | ||
| Q2 24 | $17.1B | $1.9B |
负债/权益比AZOHNI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.55× | ||
| Q1 25 | — | 0.50× | ||
| Q4 24 | — | 0.41× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.59× |
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 | $155.2M |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $135.6M |
| 自由现金流率自由现金流/营收 | 0.8% | 19.8% |
| 资本支出强度资本支出/营收 | 7.9% | 2.9% |
| 现金转化率经营现金流/净利润 | 0.80× | 3.77× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $189.5M |
8季度趋势，按日历期对齐
经营现金流AZOHNI
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | — | ||
| Q3 25 | $952.8M | $155.2M | ||
| Q2 25 | $769.0M | $31.1M | ||
| Q1 25 | $583.7M | $12.6M | ||
| Q4 24 | $811.8M | $51.2M | ||
| Q3 24 | $1.1B | $128.5M | ||
| Q2 24 | $669.5M | $51.3M |
自由现金流AZOHNI
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | — | ||
| Q3 25 | $511.1M | $135.6M | ||
| Q2 25 | $423.1M | $16.1M | ||
| Q1 25 | $291.0M | $-3.7M | ||
| Q4 24 | $564.8M | $41.5M | ||
| Q3 24 | $723.5M | $114.0M | ||
| Q2 24 | $434.4M | $33.8M |
自由现金流率AZOHNI
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | — | ||
| Q3 25 | 8.2% | 19.8% | ||
| Q2 25 | 9.5% | 2.4% | ||
| Q1 25 | 7.4% | -0.6% | ||
| Q4 24 | 13.2% | 6.5% | ||
| Q3 24 | 11.7% | 17.0% | ||
| Q2 24 | 10.3% | 5.4% |
资本支出强度AZOHNI
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 7.1% | 2.9% | ||
| Q2 25 | 7.7% | 2.2% | ||
| Q1 25 | 7.4% | 2.7% | ||
| Q4 24 | 5.8% | 1.5% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 5.6% | 2.8% |
现金转化率AZOHNI
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.14× | 3.77× | ||
| Q2 25 | 1.26× | 0.65× | ||
| Q1 25 | 1.20× | 0.91× | ||
| Q4 24 | 1.44× | 1.34× | ||
| Q3 24 | 1.19× | 2.71× | ||
| Q2 24 | 1.03× | 1.43× |
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
HNI
| Systems Storage And Table | $309.9M | 45% |
| Residential Building Products | $166.9M | 24% |
| Seating Products | $161.1M | 24% |
| Other Products | $45.9M | 7% |
