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AutoZone（AZO）与惠而浦（WHR）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是惠而浦的1.0倍（$4.3B vs $4.1B）。AutoZone净利率更高（11.0% vs 2.7%，领先8.3%）。AutoZone同比增速更快（8.1% vs -0.9%）。惠而浦自由现金流更多（$989.0M vs $35.6M）。过去两年AutoZone的营收复合增速更高（0.5% vs -4.5%）
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。
惠而浦是总部位于美国密歇根州本顿特许镇的跨国家电研发、生产及销售企业，位列《财富》世界500强。2023年集团年销售额约190亿美元，全球员工规模近5.9万人，在世界各地布局超55座生产及技术研发中心。
AZO vs WHR — 直观对比
营收规模更大
AZO
是对方的1.0倍
$4.1B
营收增速更快
AZO
高出9.1%
-0.9%
净利率更高
AZO
高出8.3%
2.7%
自由现金流更多
WHR
多$953.4M
$35.6M
两年增速更快
AZO
近两年复合增速
-4.5%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $4.1B |
| 净利润 | $468.9M | $109.0M |
| 毛利率 | 52.5% | 14.0% |
| 营业利润率 | 16.3% | 6.0% |
| 净利率 | 11.0% | 2.7% |
| 营收同比 | 8.1% | -0.9% |
| 净利润同比 | -3.9% | 127.8% |
| 每股收益（稀释后） | $27.63 | $1.92 |
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AZOWHR
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $4.1B | ||
| Q3 25 | $6.2B | $4.0B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $4.0B | $3.6B | ||
| Q4 24 | $4.3B | $4.1B | ||
| Q3 24 | $6.2B | $4.0B | ||
| Q2 24 | $4.2B | $4.0B |
净利润AZOWHR
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $109.0M | ||
| Q3 25 | $837.0M | $73.0M | ||
| Q2 25 | $608.4M | $65.0M | ||
| Q1 25 | $487.9M | $71.0M | ||
| Q4 24 | $564.9M | $-392.0M | ||
| Q3 24 | $902.2M | $109.0M | ||
| Q2 24 | $651.7M | $219.0M |
毛利率AZOWHR
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 14.0% | ||
| Q3 25 | 51.5% | 14.7% | ||
| Q2 25 | 52.7% | 16.2% | ||
| Q1 25 | 53.9% | 16.8% | ||
| Q4 24 | 53.0% | 16.2% | ||
| Q3 24 | 52.5% | 16.1% | ||
| Q2 24 | 53.5% | 15.7% |
营业利润率AZOWHR
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | 6.0% | ||
| Q3 25 | 19.2% | 5.1% | ||
| Q2 25 | 19.4% | 5.4% | ||
| Q1 25 | 17.9% | 5.1% | ||
| Q4 24 | 19.7% | -3.3% | ||
| Q3 24 | 20.9% | 6.6% | ||
| Q2 24 | 21.3% | 3.3% |
净利率AZOWHR
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | 2.7% | ||
| Q3 25 | 13.4% | 1.8% | ||
| Q2 25 | 13.6% | 1.7% | ||
| Q1 25 | 12.3% | 2.0% | ||
| Q4 24 | 13.2% | -9.5% | ||
| Q3 24 | 14.5% | 2.7% | ||
| Q2 24 | 15.4% | 5.5% |
每股收益（稀释后）AZOWHR
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $1.92 | ||
| Q3 25 | $48.70 | $1.29 | ||
| Q2 25 | $35.36 | $1.17 | ||
| Q1 25 | $28.29 | $1.28 | ||
| Q4 24 | $32.52 | $-7.11 | ||
| Q3 24 | $51.42 | $2.00 | ||
| Q2 24 | $36.69 | $3.96 |
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 | $669.0M |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $-2.9B | $2.7B |
| 总资产 | $20.4B | $16.0B |
| 负债/权益比越低杠杆越低 | — | 2.26× |
8季度趋势，按日历期对齐
现金及短期投资AZOWHR
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $669.0M | ||
| Q3 25 | $271.8M | $934.0M | ||
| Q2 25 | $268.6M | $1.1B | ||
| Q1 25 | $300.9M | $1.0B | ||
| Q4 24 | $304.0M | $1.3B | ||
| Q3 24 | $298.2M | $1.1B | ||
| Q2 24 | $275.4M | $1.2B |
总债务AZOWHR
| Q1 26 | — | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AZOWHR
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $2.7B | ||
| Q3 25 | $-3.4B | $2.6B | ||
| Q2 25 | $-4.0B | $2.6B | ||
| Q1 25 | $-4.5B | $2.6B | ||
| Q4 24 | $-4.7B | $2.7B | ||
| Q3 24 | $-4.7B | $3.0B | ||
| Q2 24 | $-4.8B | $3.1B |
总资产AZOWHR
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $16.0B | ||
| Q3 25 | $19.4B | $16.9B | ||
| Q2 25 | $18.6B | $16.8B | ||
| Q1 25 | $18.1B | $16.5B | ||
| Q4 24 | $17.5B | $16.3B | ||
| Q3 24 | $17.2B | $17.2B | ||
| Q2 24 | $17.1B | $17.3B |
负债/权益比AZOWHR
| Q1 26 | — | — | ||
| Q4 25 | — | 2.26× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $989.0M |
| 自由现金流率自由现金流/营收 | 0.8% | 24.1% |
| 资本支出强度资本支出/营收 | 7.9% | 3.7% |
| 现金转化率经营现金流/净利润 | 0.80× | 10.45× |
| 过去12个月自由现金流最近4个季度 | $1.6B | $81.0M |
8季度趋势，按日历期对齐
经营现金流AZOWHR
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $1.1B | ||
| Q3 25 | $952.8M | $33.0M | ||
| Q2 25 | $769.0M | $19.0M | ||
| Q1 25 | $583.7M | $-721.0M | ||
| Q4 24 | $811.8M | $1.1B | ||
| Q3 24 | $1.1B | $214.0M | ||
| Q2 24 | $669.5M | $388.0M |
自由现金流AZOWHR
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $989.0M | ||
| Q3 25 | $511.1M | $-52.0M | ||
| Q2 25 | $423.1M | $-63.0M | ||
| Q1 25 | $291.0M | $-793.0M | ||
| Q4 24 | $564.8M | $970.0M | ||
| Q3 24 | $723.5M | $127.0M | ||
| Q2 24 | $434.4M | $275.0M |
自由现金流率AZOWHR
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | 24.1% | ||
| Q3 25 | 8.2% | -1.3% | ||
| Q2 25 | 9.5% | -1.7% | ||
| Q1 25 | 7.4% | -21.9% | ||
| Q4 24 | 13.2% | 23.5% | ||
| Q3 24 | 11.7% | 3.2% | ||
| Q2 24 | 10.3% | 6.9% |
资本支出强度AZOWHR
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 3.7% | ||
| Q3 25 | 7.1% | 2.1% | ||
| Q2 25 | 7.7% | 2.2% | ||
| Q1 25 | 7.4% | 2.0% | ||
| Q4 24 | 5.8% | 3.3% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 5.6% | 2.8% |
现金转化率AZOWHR
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | 10.45× | ||
| Q3 25 | 1.14× | 0.45× | ||
| Q2 25 | 1.26× | 0.29× | ||
| Q1 25 | 1.20× | -10.15× | ||
| Q4 24 | 1.44× | — | ||
| Q3 24 | 1.19× | 1.96× | ||
| Q2 24 | 1.03× | 1.77× |
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
WHR
| Refrigeration | $1.2B | 30% |
| Laundry | $1.1B | 27% |
| Cooking | $1.1B | 26% |
| Dishwashing | $299.0M | 7% |
| Other | $266.0M | 6% |
| Spare Parts And Warranties | $139.0M | 3% |
