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AutoZone（AZO）与EPLUS INC（PLUS）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EPLUS INC的7.0倍（$4.3B vs $614.8M）。AutoZone净利率更高（11.0% vs 5.7%，领先5.3%）。EPLUS INC同比增速更快（20.3% vs 8.1%）。过去两年EPLUS INC的营收复合增速更高（2.3% 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。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
AZO vs PLUS — 直观对比
营收规模更大
AZO
是对方的7.0倍
$614.8M
营收增速更快
PLUS
高出12.2%
8.1%
净利率更高
AZO
高出5.3%
5.7%
两年增速更快
PLUS
近两年复合增速
0.5%
损益表 — Q2 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $614.8M |
| 净利润 | $468.9M | $35.1M |
| 毛利率 | 52.5% | 25.8% |
| 营业利润率 | 16.3% | 7.1% |
| 净利率 | 11.0% | 5.7% |
| 营收同比 | 8.1% | 20.3% |
| 净利润同比 | -3.9% | 45.2% |
| 每股收益（稀释后） | $27.63 | $1.33 |
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AZOPLUS
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $614.8M | ||
| Q3 25 | $6.2B | $608.8M | ||
| Q2 25 | $4.5B | $637.3M | ||
| Q1 25 | $4.0B | — | ||
| Q4 24 | $4.3B | $493.2M | ||
| Q3 24 | $6.2B | $493.4M | ||
| Q2 24 | $4.2B | $535.7M |
净利润AZOPLUS
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $35.1M | ||
| Q3 25 | $837.0M | $34.9M | ||
| Q2 25 | $608.4M | $37.7M | ||
| Q1 25 | $487.9M | — | ||
| Q4 24 | $564.9M | $24.1M | ||
| Q3 24 | $902.2M | $31.3M | ||
| Q2 24 | $651.7M | $27.3M |
毛利率AZOPLUS
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 25.8% | ||
| Q3 25 | 51.5% | 26.6% | ||
| Q2 25 | 52.7% | 23.3% | ||
| Q1 25 | 53.9% | — | ||
| Q4 24 | 53.0% | 25.4% | ||
| Q3 24 | 52.5% | 25.8% | ||
| Q2 24 | 53.5% | 23.7% |
营业利润率AZOPLUS
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | 7.1% | ||
| Q3 25 | 19.2% | 8.0% | ||
| Q2 25 | 19.4% | 5.7% | ||
| Q1 25 | 17.9% | — | ||
| Q4 24 | 19.7% | 3.3% | ||
| Q3 24 | 20.9% | 5.5% | ||
| Q2 24 | 21.3% | 5.9% |
净利率AZOPLUS
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | 5.7% | ||
| Q3 25 | 13.4% | 5.7% | ||
| Q2 25 | 13.6% | 5.9% | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 13.2% | 4.9% | ||
| Q3 24 | 14.5% | 6.3% | ||
| Q2 24 | 15.4% | 5.1% |
每股收益（稀释后）AZOPLUS
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $1.33 | ||
| Q3 25 | $48.70 | $1.32 | ||
| Q2 25 | $35.36 | $1.43 | ||
| Q1 25 | $28.29 | — | ||
| Q4 24 | $32.52 | $0.91 | ||
| Q3 24 | $51.42 | $1.17 | ||
| Q2 24 | $36.69 | $1.02 |
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 | $326.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-2.9B | $1.1B |
| 总资产 | $20.4B | $1.8B |
| 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AZOPLUS
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $326.3M | ||
| Q3 25 | $271.8M | $402.2M | ||
| Q2 25 | $268.6M | $480.2M | ||
| Q1 25 | $300.9M | — | ||
| Q4 24 | $304.0M | $253.1M | ||
| Q3 24 | $298.2M | $187.5M | ||
| Q2 24 | $275.4M | $349.9M |
股东权益AZOPLUS
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $1.1B | ||
| Q3 25 | $-3.4B | $1.0B | ||
| Q2 25 | $-4.0B | $1.0B | ||
| Q1 25 | $-4.5B | — | ||
| Q4 24 | $-4.7B | $962.3M | ||
| Q3 24 | $-4.7B | $947.0M | ||
| Q2 24 | $-4.8B | $921.9M |
总资产AZOPLUS
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $1.8B | ||
| Q3 25 | $19.4B | $1.8B | ||
| Q2 25 | $18.6B | $1.8B | ||
| Q1 25 | $18.1B | — | ||
| Q4 24 | $17.5B | $1.8B | ||
| Q3 24 | $17.2B | $1.7B | ||
| Q2 24 | $17.1B | $1.7B |
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 | $-87.4M |
| 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× | -2.49× |
| 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AZOPLUS
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $-87.4M | ||
| Q3 25 | $952.8M | $-34.8M | ||
| Q2 25 | $769.0M | $-99.0M | ||
| Q1 25 | $583.7M | — | ||
| Q4 24 | $811.8M | $65.7M | ||
| Q3 24 | $1.1B | $-21.6M | ||
| Q2 24 | $669.5M | $97.1M |
自由现金流AZOPLUS
| 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AZOPLUS
| 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AZOPLUS
| 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AZOPLUS
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | -2.49× | ||
| Q3 25 | 1.14× | -1.00× | ||
| Q2 25 | 1.26× | -2.63× | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.44× | 2.72× | ||
| Q3 24 | 1.19× | -0.69× | ||
| Q2 24 | 1.03× | 3.55× |
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
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
