vs
AutoZone（AZO）与Lumen Technologies, Inc.（LUMN）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Lumen Technologies, Inc.的1.6倍（$4.3B vs $2.7B），AutoZone净利率更高（11.0% vs -0.1%，领先11.0%），AutoZone同比增速更快（8.1% vs -11.0%），AutoZone自由现金流更多（$35.6M vs $-1.1B），过去两年AutoZone的营收复合增速更高（0.5% vs -5.3%）
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。
Lumen Technologies是总部位于美国路易斯安那州门罗市的电信企业，依托自有光纤、铜线网络、数据中心及云计算资源，为客户提供网络、安全、云、语音及各类托管通信服务，2023年3月起纳入标普600指数，此前曾为标普500指数成分股。
AZO vs LUMN — 直观对比
营收规模更大
AZO
是对方的1.6倍
$2.7B
营收增速更快
AZO
高出19.1%
-11.0%
净利率更高
AZO
高出11.0%
-0.1%
自由现金流更多
AZO
多$1.1B
$-1.1B
两年增速更快
AZO
近两年复合增速
-5.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $2.7B |
| 净利润 | $468.9M | $-2.0M |
| 毛利率 | 52.5% | 40.7% |
| 营业利润率 | 16.3% | -7.3% |
| 净利率 | 11.0% | -0.1% |
| 营收同比 | 8.1% | -11.0% |
| 净利润同比 | -3.9% | -102.4% |
| 每股收益（稀释后） | $27.63 | $-0.01 |
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AZOLUMN
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $2.7B | ||
| Q3 25 | $6.2B | $2.8B | ||
| Q2 25 | $4.5B | $2.9B | ||
| Q1 25 | $4.0B | $2.9B | ||
| Q4 24 | $4.3B | $3.1B | ||
| Q3 24 | $6.2B | $3.0B | ||
| Q2 24 | $4.2B | $3.0B |
净利润AZOLUMN
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $-2.0M | ||
| Q3 25 | $837.0M | $-621.0M | ||
| Q2 25 | $608.4M | $-915.0M | ||
| Q1 25 | $487.9M | $-201.0M | ||
| Q4 24 | $564.9M | $85.0M | ||
| Q3 24 | $902.2M | $-148.0M | ||
| Q2 24 | $651.7M | $-49.0M |
毛利率AZOLUMN
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 40.7% | ||
| Q3 25 | 51.5% | 39.4% | ||
| Q2 25 | 52.7% | 43.4% | ||
| Q1 25 | 53.9% | 42.0% | ||
| Q4 24 | 53.0% | 44.7% | ||
| Q3 24 | 52.5% | 43.0% | ||
| Q2 24 | 53.5% | 45.2% |
营业利润率AZOLUMN
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | -7.3% | ||
| Q3 25 | 19.2% | -4.1% | ||
| Q2 25 | 19.4% | -21.0% | ||
| Q1 25 | 17.9% | 3.7% | ||
| Q4 24 | 19.7% | 5.0% | ||
| Q3 24 | 20.9% | 4.2% | ||
| Q2 24 | 21.3% | 4.5% |
净利率AZOLUMN
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | -0.1% | ||
| Q3 25 | 13.4% | -22.1% | ||
| Q2 25 | 13.6% | -31.9% | ||
| Q1 25 | 12.3% | -6.9% | ||
| Q4 24 | 13.2% | 2.8% | ||
| Q3 24 | 14.5% | -5.0% | ||
| Q2 24 | 15.4% | -1.6% |
每股收益（稀释后）AZOLUMN
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $-0.01 | ||
| Q3 25 | $48.70 | $-0.62 | ||
| Q2 25 | $35.36 | $-0.92 | ||
| Q1 25 | $28.29 | $-0.20 | ||
| Q4 24 | $32.52 | $0.08 | ||
| Q3 24 | $51.42 | $-0.15 | ||
| Q2 24 | $36.69 | $-0.05 |
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 | $1.0B |
| 总债务越低越好 | — | $17.4B |
| 股东权益账面价值 | $-2.9B | $-1.1B |
| 总资产 | $20.4B | $34.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AZOLUMN
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $1.0B | ||
| Q3 25 | $271.8M | $2.4B | ||
| Q2 25 | $268.6M | $1.6B | ||
| Q1 25 | $300.9M | $1.9B | ||
| Q4 24 | $304.0M | $1.9B | ||
| Q3 24 | $298.2M | $2.6B | ||
| Q2 24 | $275.4M | $1.5B |
总债务AZOLUMN
| Q1 26 | — | — | ||
| Q4 25 | — | $17.4B | ||
| Q3 25 | — | $17.6B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $17.3B | ||
| Q4 24 | — | $17.5B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.4B |
股东权益AZOLUMN
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $-1.1B | ||
| Q3 25 | $-3.4B | $-1.2B | ||
| Q2 25 | $-4.0B | $-595.0M | ||
| Q1 25 | $-4.5B | $289.0M | ||
| Q4 24 | $-4.7B | $464.0M | ||
| Q3 24 | $-4.7B | $342.0M | ||
| Q2 24 | $-4.8B | $466.0M |
总资产AZOLUMN
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $34.3B | ||
| Q3 25 | $19.4B | $34.3B | ||
| Q2 25 | $18.6B | $33.0B | ||
| Q1 25 | $18.1B | $33.5B | ||
| Q4 24 | $17.5B | $33.5B | ||
| Q3 24 | $17.2B | $34.0B | ||
| Q2 24 | $17.1B | $32.9B |
负债/权益比AZOLUMN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 59.98× | ||
| Q4 24 | — | 37.70× | ||
| Q3 24 | — | 53.05× | ||
| Q2 24 | — | 39.51× |
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 | $562.0M |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $-1.1B |
| 自由现金流率自由现金流/营收 | 0.8% | -39.4% |
| 资本支出强度资本支出/营收 | 7.9% | 59.9% |
| 现金转化率经营现金流/净利润 | 0.80× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | $371.0M |
8季度趋势，按日历期对齐
经营现金流AZOLUMN
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $562.0M | ||
| Q3 25 | $952.8M | $2.5B | ||
| Q2 25 | $769.0M | $570.0M | ||
| Q1 25 | $583.7M | $1.1B | ||
| Q4 24 | $811.8M | $688.0M | ||
| Q3 24 | $1.1B | $2.0B | ||
| Q2 24 | $669.5M | $511.0M |
自由现金流AZOLUMN
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $-1.1B | ||
| Q3 25 | $511.1M | $1.5B | ||
| Q2 25 | $423.1M | $-321.0M | ||
| Q1 25 | $291.0M | $304.0M | ||
| Q4 24 | $564.8M | $-227.0M | ||
| Q3 24 | $723.5M | $1.2B | ||
| Q2 24 | $434.4M | $-242.0M |
自由现金流率AZOLUMN
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | -39.4% | ||
| Q3 25 | 8.2% | 52.4% | ||
| Q2 25 | 9.5% | -11.2% | ||
| Q1 25 | 7.4% | 10.4% | ||
| Q4 24 | 13.2% | -7.4% | ||
| Q3 24 | 11.7% | 39.8% | ||
| Q2 24 | 10.3% | -8.0% |
资本支出强度AZOLUMN
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 59.9% | ||
| Q3 25 | 7.1% | 37.1% | ||
| Q2 25 | 7.7% | 31.1% | ||
| Q1 25 | 7.4% | 27.2% | ||
| Q4 24 | 5.8% | 29.7% | ||
| Q3 24 | 5.6% | 28.6% | ||
| Q2 24 | 5.6% | 25.0% |
现金转化率AZOLUMN
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.14× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.44× | 8.09× | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.03× | — |
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
LUMN
| Large Enterprise | $758.0M | 28% |
| Wholesale | $661.0M | 24% |
| Mid Market Enterprise | $472.0M | 17% |
| Fiber Broadband | $232.0M | 8% |
| Other Broadband | $218.0M | 8% |
| Other | $184.0M | 7% |
| Voice And Other | $166.0M | 6% |
| International And Other | $77.0M | 3% |
