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AutoZone（AZO）与威富集团（VFC）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是威富集团的1.5倍（$4.3B vs $2.9B）。AutoZone净利率更高（11.0% vs 10.5%，领先0.5%）。AutoZone同比增速更快（8.1% vs 1.5%）。威富集团自由现金流更多（$977.9M vs $35.6M）。过去两年威富集团的营收复合增速更高（10.1% 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。
威富集团前身为F.W.伍尔沃斯公司，是全球知名零售企业，也是五分一角平价商店业态的先驱之一。作为美国乃至全球最成功的平价零售企业之一，它曾引领行业发展潮流，构建了如今全球各地门店普遍遵循的现代零售模式。
AZO vs VFC — 直观对比
营收规模更大
AZO
是对方的1.5倍
$2.9B
营收增速更快
AZO
高出6.7%
1.5%
净利率更高
AZO
高出0.5%
10.5%
自由现金流更多
VFC
多$942.3M
$35.6M
两年增速更快
VFC
近两年复合增速
0.5%
损益表 — Q2 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $2.9B |
| 净利润 | $468.9M | $300.8M |
| 毛利率 | 52.5% | 56.6% |
| 营业利润率 | 16.3% | 10.1% |
| 净利率 | 11.0% | 10.5% |
| 营收同比 | 8.1% | 1.5% |
| 净利润同比 | -3.9% | 79.3% |
| 每股收益（稀释后） | $27.63 | $0.76 |
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AZOVFC
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $2.9B | ||
| Q3 25 | $6.2B | $2.8B | ||
| Q2 25 | $4.5B | $1.8B | ||
| Q1 25 | $4.0B | $2.0B | ||
| Q4 24 | $4.3B | $2.8B | ||
| Q3 24 | $6.2B | $2.8B | ||
| Q2 24 | $4.2B | $1.9B |
净利润AZOVFC
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $300.8M | ||
| Q3 25 | $837.0M | $189.8M | ||
| Q2 25 | $608.4M | $-116.4M | ||
| Q1 25 | $487.9M | $-150.8M | ||
| Q4 24 | $564.9M | $167.8M | ||
| Q3 24 | $902.2M | $52.2M | ||
| Q2 24 | $651.7M | $-258.9M |
毛利率AZOVFC
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 56.6% | ||
| Q3 25 | 51.5% | 52.2% | ||
| Q2 25 | 52.7% | 53.9% | ||
| Q1 25 | 53.9% | 52.7% | ||
| Q4 24 | 53.0% | 56.3% | ||
| Q3 24 | 52.5% | 52.2% | ||
| Q2 24 | 53.5% | 52.0% |
营业利润率AZOVFC
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | 10.1% | ||
| Q3 25 | 19.2% | 11.2% | ||
| Q2 25 | 19.4% | -4.9% | ||
| Q1 25 | 17.9% | 2.2% | ||
| Q4 24 | 19.7% | 8.0% | ||
| Q3 24 | 20.9% | 9.9% | ||
| Q2 24 | 21.3% | -12.6% |
净利率AZOVFC
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | 10.5% | ||
| Q3 25 | 13.4% | 6.8% | ||
| Q2 25 | 13.6% | -6.6% | ||
| Q1 25 | 12.3% | -7.5% | ||
| Q4 24 | 13.2% | 5.9% | ||
| Q3 24 | 14.5% | 1.9% | ||
| Q2 24 | 15.4% | -13.6% |
每股收益（稀释后）AZOVFC
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $0.76 | ||
| Q3 25 | $48.70 | $0.48 | ||
| Q2 25 | $35.36 | $-0.30 | ||
| Q1 25 | $28.29 | $-0.37 | ||
| Q4 24 | $32.52 | $0.43 | ||
| Q3 24 | $51.42 | $0.13 | ||
| Q2 24 | $36.69 | $-0.67 |
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 | $1.5B |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $-2.9B | $1.8B |
| 总资产 | $20.4B | $10.4B |
| 负债/权益比越低杠杆越低 | — | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资AZOVFC
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $1.5B | ||
| Q3 25 | $271.8M | $419.1M | ||
| Q2 25 | $268.6M | $642.4M | ||
| Q1 25 | $300.9M | $429.4M | ||
| Q4 24 | $304.0M | $1.4B | ||
| Q3 24 | $298.2M | $492.2M | ||
| Q2 24 | $275.4M | $637.4M |
总债务AZOVFC
| Q1 26 | — | — | ||
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.9B |
股东权益AZOVFC
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $1.8B | ||
| Q3 25 | $-3.4B | $1.5B | ||
| Q2 25 | $-4.0B | $1.3B | ||
| Q1 25 | $-4.5B | $1.5B | ||
| Q4 24 | $-4.7B | $1.7B | ||
| Q3 24 | $-4.7B | $1.4B | ||
| Q2 24 | $-4.8B | $1.4B |
总资产AZOVFC
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $10.4B | ||
| Q3 25 | $19.4B | $10.6B | ||
| Q2 25 | $18.6B | $10.2B | ||
| Q1 25 | $18.1B | $9.4B | ||
| Q4 24 | $17.5B | $10.6B | ||
| Q3 24 | $17.2B | $12.2B | ||
| Q2 24 | $17.1B | $11.5B |
负债/权益比AZOVFC
| Q1 26 | — | — | ||
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 2.40× | ||
| Q2 25 | — | 2.76× | ||
| Q1 25 | — | 2.30× | ||
| Q4 24 | — | 2.31× | ||
| Q3 24 | — | 2.86× | ||
| Q2 24 | — | 2.84× |
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 | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $977.9M |
| 自由现金流率自由现金流/营收 | 0.8% | 34.0% |
| 资本支出强度资本支出/营收 | 7.9% | 1.1% |
| 现金转化率经营现金流/净利润 | 0.80× | 3.36× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $357.6M |
8季度趋势，按日历期对齐
经营现金流AZOVFC
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $1.0B | ||
| Q3 25 | $952.8M | $-227.0M | ||
| Q2 25 | $769.0M | $-145.5M | ||
| Q1 25 | $583.7M | $-171.1M | ||
| Q4 24 | $811.8M | $918.1M | ||
| Q3 24 | $1.1B | $-301.6M | ||
| Q2 24 | $669.5M | $19.8M |
自由现金流AZOVFC
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $977.9M | ||
| Q3 25 | $511.1M | $-253.5M | ||
| Q2 25 | $423.1M | $-173.7M | ||
| Q1 25 | $291.0M | $-193.0M | ||
| Q4 24 | $564.8M | $899.7M | ||
| Q3 24 | $723.5M | $-322.4M | ||
| Q2 24 | $434.4M | $-5.4M |
自由现金流率AZOVFC
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | 34.0% | ||
| Q3 25 | 8.2% | -9.0% | ||
| Q2 25 | 9.5% | -9.9% | ||
| Q1 25 | 7.4% | -9.6% | ||
| Q4 24 | 13.2% | 31.7% | ||
| Q3 24 | 11.7% | -11.7% | ||
| Q2 24 | 10.3% | -0.3% |
资本支出强度AZOVFC
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 1.1% | ||
| Q3 25 | 7.1% | 0.9% | ||
| Q2 25 | 7.7% | 1.6% | ||
| Q1 25 | 7.4% | 1.1% | ||
| Q4 24 | 5.8% | 0.6% | ||
| Q3 24 | 5.6% | 0.8% | ||
| Q2 24 | 5.6% | 1.3% |
现金转化率AZOVFC
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | 3.36× | ||
| Q3 25 | 1.14× | -1.20× | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.20× | — | ||
| Q4 24 | 1.44× | 5.47× | ||
| Q3 24 | 1.19× | -5.78× | ||
| 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
VFC
| Outdoor | $1.9B | 67% |
| Sales Channel Through Intermediary | $813.4M | 28% |
| Other | $136.3M | 5% |
