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AutoZone（AZO）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是皇家加勒比集团的1.0倍（$4.3B vs $4.3B），皇家加勒比集团净利率更高（17.7% vs 11.0%，领先6.7%），皇家加勒比集团同比增速更快（13.3% vs 8.1%），皇家加勒比集团自由现金流更多（$116.0M vs $35.6M），过去两年皇家加勒比集团的营收复合增速更高（6.9% 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。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
AZO vs RCL — 直观对比
营收规模更大
AZO
是对方的1.0倍
$4.3B
营收增速更快
RCL
高出5.1%
8.1%
净利率更高
RCL
高出6.7%
11.0%
自由现金流更多
RCL
多$80.4M
$35.6M
两年增速更快
RCL
近两年复合增速
0.5%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $4.3B |
| 净利润 | $468.9M | $753.0M |
| 毛利率 | 52.5% | 47.4% |
| 营业利润率 | 16.3% | 21.9% |
| 净利率 | 11.0% | 17.7% |
| 营收同比 | 8.1% | 13.3% |
| 净利润同比 | -3.9% | 36.4% |
| 每股收益（稀释后） | $27.63 | $2.76 |
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AZORCL
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $4.3B | ||
| Q3 25 | $6.2B | $5.1B | ||
| Q2 25 | $4.5B | $4.5B | ||
| Q1 25 | $4.0B | $4.0B | ||
| Q4 24 | $4.3B | $3.8B | ||
| Q3 24 | $6.2B | $4.9B | ||
| Q2 24 | $4.2B | $4.1B |
净利润AZORCL
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $753.0M | ||
| Q3 25 | $837.0M | $1.6B | ||
| Q2 25 | $608.4M | $1.2B | ||
| Q1 25 | $487.9M | $730.0M | ||
| Q4 24 | $564.9M | $552.0M | ||
| Q3 24 | $902.2M | $1.1B | ||
| Q2 24 | $651.7M | $854.0M |
毛利率AZORCL
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 47.4% | ||
| Q3 25 | 51.5% | 51.8% | ||
| Q2 25 | 52.7% | 49.7% | ||
| Q1 25 | 53.9% | 48.0% | ||
| Q4 24 | 53.0% | 45.4% | ||
| Q3 24 | 52.5% | 51.1% | ||
| Q2 24 | 53.5% | 47.6% |
营业利润率AZORCL
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | 21.9% | ||
| Q3 25 | 19.2% | 33.1% | ||
| Q2 25 | 19.4% | 29.3% | ||
| Q1 25 | 17.9% | 23.6% | ||
| Q4 24 | 19.7% | 16.6% | ||
| Q3 24 | 20.9% | 33.4% | ||
| Q2 24 | 21.3% | 26.7% |
净利率AZORCL
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | 17.7% | ||
| Q3 25 | 13.4% | 30.6% | ||
| Q2 25 | 13.6% | 26.7% | ||
| Q1 25 | 12.3% | 18.3% | ||
| Q4 24 | 13.2% | 14.7% | ||
| Q3 24 | 14.5% | 22.7% | ||
| Q2 24 | 15.4% | 20.8% |
每股收益（稀释后）AZORCL
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $2.76 | ||
| Q3 25 | $48.70 | $5.74 | ||
| Q2 25 | $35.36 | $4.41 | ||
| Q1 25 | $28.29 | $2.70 | ||
| Q4 24 | $32.52 | $2.27 | ||
| Q3 24 | $51.42 | $4.21 | ||
| Q2 24 | $36.69 | $3.11 |
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 | $825.0M |
| 总债务越低越好 | — | $18.2B |
| 股东权益账面价值 | $-2.9B | $10.0B |
| 总资产 | $20.4B | $41.6B |
| 负债/权益比越低杠杆越低 | — | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资AZORCL
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $825.0M | ||
| Q3 25 | $271.8M | $432.0M | ||
| Q2 25 | $268.6M | $735.0M | ||
| Q1 25 | $300.9M | $386.0M | ||
| Q4 24 | $304.0M | $388.0M | ||
| Q3 24 | $298.2M | $418.0M | ||
| Q2 24 | $275.4M | $391.0M |
总债务AZORCL
| Q1 26 | — | — | ||
| Q4 25 | — | $18.2B | ||
| Q3 25 | — | $17.2B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.0B | ||
| Q4 24 | — | $18.5B | ||
| Q3 24 | — | $19.0B | ||
| Q2 24 | — | $19.8B |
股东权益AZORCL
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $10.0B | ||
| Q3 25 | $-3.4B | $10.1B | ||
| Q2 25 | $-4.0B | $9.2B | ||
| Q1 25 | $-4.5B | $8.0B | ||
| Q4 24 | $-4.7B | $7.6B | ||
| Q3 24 | $-4.7B | $7.0B | ||
| Q2 24 | $-4.8B | $6.0B |
总资产AZORCL
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $41.6B | ||
| Q3 25 | $19.4B | $40.1B | ||
| Q2 25 | $18.6B | $38.5B | ||
| Q1 25 | $18.1B | $37.5B | ||
| Q4 24 | $17.5B | $37.1B | ||
| Q3 24 | $17.2B | $37.1B | ||
| Q2 24 | $17.1B | $37.0B |
负债/权益比AZORCL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.81× | ||
| Q3 25 | — | 1.70× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.26× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 2.69× | ||
| Q2 24 | — | 3.29× |
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 | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $116.0M |
| 自由现金流率自由现金流/营收 | 0.8% | 2.7% |
| 资本支出强度资本支出/营收 | 7.9% | 35.4% |
| 现金转化率经营现金流/净利润 | 0.80× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $1.2B |
8季度趋势，按日历期对齐
经营现金流AZORCL
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $1.6B | ||
| Q3 25 | $952.8M | $1.5B | ||
| Q2 25 | $769.0M | $1.7B | ||
| Q1 25 | $583.7M | $1.6B | ||
| Q4 24 | $811.8M | $1.5B | ||
| Q3 24 | $1.1B | $897.0M | ||
| Q2 24 | $669.5M | $1.6B |
自由现金流AZORCL
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $116.0M | ||
| Q3 25 | $511.1M | $-989.0M | ||
| Q2 25 | $423.1M | $910.0M | ||
| Q1 25 | $291.0M | $1.2B | ||
| Q4 24 | $564.8M | $915.0M | ||
| Q3 24 | $723.5M | $563.0M | ||
| Q2 24 | $434.4M | $-567.0M |
自由现金流率AZORCL
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | 2.7% | ||
| Q3 25 | 8.2% | -19.2% | ||
| Q2 25 | 9.5% | 20.1% | ||
| Q1 25 | 7.4% | 30.0% | ||
| Q4 24 | 13.2% | 24.3% | ||
| Q3 24 | 11.7% | 11.5% | ||
| Q2 24 | 10.3% | -13.8% |
资本支出强度AZORCL
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 35.4% | ||
| Q3 25 | 7.1% | 47.8% | ||
| Q2 25 | 7.7% | 18.4% | ||
| Q1 25 | 7.4% | 10.7% | ||
| Q4 24 | 5.8% | 14.7% | ||
| Q3 24 | 5.6% | 6.8% | ||
| Q2 24 | 5.6% | 52.1% |
现金转化率AZORCL
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | 2.16× | ||
| Q3 25 | 1.14× | 0.93× | ||
| Q2 25 | 1.26× | 1.44× | ||
| Q1 25 | 1.20× | 2.23× | ||
| Q4 24 | 1.44× | 2.66× | ||
| Q3 24 | 1.19× | 0.81× | ||
| Q2 24 | 1.03× | 1.84× |
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
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
