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美国银行（BAC）与家得宝（HD）财务数据对比。点击上方公司名可切换其他公司
家得宝的季度营收约是美国银行的1.3倍（$41.4B vs $31.2B），美国银行净利率更高（24.1% vs 8.7%，领先15.4%），过去两年美国银行的营收复合增速更高（11.3% vs 9.0%）
美国银行是美国知名跨国投资银行及金融服务控股集团，总部位于北卡罗来纳州夏洛特的美国银行企业中心，在曼哈顿设有投行业务及辅助办公总部，1998年由国民银行与原美国银行合并组建，为全球客户提供多元化综合金融服务。
家得宝是美国跨国家装零售巨头，也是美国规模最大的家装零售商，主营工具、建材、家电等产品销售，同时提供燃油、运输租赁等服务。公司总部位于佐治亚州科布县，通信地址设于亚特兰大，2021年员工数达49.06万，营收超1510亿美元。
BAC vs HD — 直观对比
营收规模更大
HD
是对方的1.3倍
$31.2B
净利率更高
BAC
高出15.4%
8.7%
两年增速更快
BAC
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $31.2B | $41.4B |
| 净利润 | $7.5B | $3.6B |
| 毛利率 | — | 33.4% |
| 营业利润率 | 39.9% | 12.9% |
| 净利率 | 24.1% | 8.7% |
| 营收同比 | — | 2.8% |
| 净利润同比 | — | -1.3% |
| 每股收益（稀释后） | $0.96 | $3.62 |
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BACHD
| Q4 25 | $31.2B | $41.4B | ||
| Q3 25 | $28.1B | $45.3B | ||
| Q2 25 | $26.5B | $39.9B | ||
| Q1 25 | $27.4B | $39.7B | ||
| Q4 24 | — | $40.2B | ||
| Q3 24 | $25.3B | $43.2B | ||
| Q2 24 | $25.4B | $36.4B | ||
| Q1 24 | $25.8B | $34.8B |
净利润BACHD
| Q4 25 | $7.5B | $3.6B | ||
| Q3 25 | $8.5B | $4.6B | ||
| Q2 25 | $7.1B | $3.4B | ||
| Q1 25 | $7.4B | $3.0B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | $6.9B | $4.6B | ||
| Q2 24 | $6.9B | $3.6B | ||
| Q1 24 | $6.7B | $2.8B |
毛利率BACHD
| Q4 25 | — | 33.4% | ||
| Q3 25 | — | 33.4% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 33.4% | ||
| Q3 24 | — | 33.4% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 33.1% |
营业利润率BACHD
| Q4 25 | 39.9% | 12.9% | ||
| Q3 25 | 33.7% | 14.5% | ||
| Q2 25 | 29.1% | 12.9% | ||
| Q1 25 | 29.7% | 11.3% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | 28.9% | 15.1% | ||
| Q2 24 | 29.8% | 13.9% | ||
| Q1 24 | 28.1% | 11.9% |
净利率BACHD
| Q4 25 | 24.1% | 8.7% | ||
| Q3 25 | 30.2% | 10.1% | ||
| Q2 25 | 26.9% | 8.6% | ||
| Q1 25 | 27.0% | 7.5% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | 27.2% | 10.6% | ||
| Q2 24 | 27.2% | 9.9% | ||
| Q1 24 | 25.9% | 8.1% |
每股收益（稀释后）BACHD
| Q4 25 | $0.96 | $3.62 | ||
| Q3 25 | $1.06 | $4.58 | ||
| Q2 25 | $0.89 | $3.45 | ||
| Q1 25 | $0.90 | $3.01 | ||
| Q4 24 | — | $3.67 | ||
| Q3 24 | $0.81 | $4.60 | ||
| Q2 24 | $0.83 | $3.63 | ||
| Q1 24 | $0.76 | $2.83 |
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 | — | $1.7B |
| 总债务越低越好 | $317.8B | $46.3B |
| 股东权益账面价值 | $303.2B | $12.1B |
| 总资产 | $3411.7B | $106.3B |
| 负债/权益比越低杠杆越低 | 1.05× | 3.82× |
8季度趋势，按日历期对齐
现金及短期投资BACHD
| Q4 25 | — | $1.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $3.8B |
总债务BACHD
| Q4 25 | $317.8B | $46.3B | ||
| Q3 25 | $311.5B | $45.9B | ||
| Q2 25 | $313.4B | $47.3B | ||
| Q1 25 | $304.1B | $48.5B | ||
| Q4 24 | — | $50.1B | ||
| Q3 24 | $296.9B | $51.9B | ||
| Q2 24 | $290.5B | $42.1B | ||
| Q1 24 | $296.3B | $42.7B |
股东权益BACHD
| Q4 25 | $303.2B | $12.1B | ||
| Q3 25 | $304.2B | $10.7B | ||
| Q2 25 | $299.6B | $8.0B | ||
| Q1 25 | $295.6B | $6.6B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | $296.5B | $4.4B | ||
| Q2 24 | $293.9B | $1.8B | ||
| Q1 24 | $293.6B | $1.0B |
总资产BACHD
| Q4 25 | $3411.7B | $106.3B | ||
| Q3 25 | $3403.7B | $100.0B | ||
| Q2 25 | $3441.1B | $99.2B | ||
| Q1 25 | $3349.4B | $96.1B | ||
| Q4 24 | — | $97.3B | ||
| Q3 24 | $3324.3B | $96.8B | ||
| Q2 24 | $3258.0B | $79.2B | ||
| Q1 24 | $3273.8B | $76.5B |
负债/权益比BACHD
| Q4 25 | 1.05× | 3.82× | ||
| Q3 25 | 1.02× | 4.31× | ||
| Q2 25 | 1.05× | 5.95× | ||
| Q1 25 | 1.03× | 7.30× | ||
| Q4 24 | — | 8.65× | ||
| Q3 24 | 1.00× | 11.74× | ||
| Q2 24 | 0.99× | 23.11× | ||
| Q1 24 | 1.01× | 40.94× |
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 | $-22.9B | $4.0B |
| 自由现金流经营现金流 - 资本支出 | — | $3.1B |
| 自由现金流率自由现金流/营收 | — | 7.5% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | -3.05× | 1.11× |
| 过去12个月自由现金流最近4个季度 | — | $13.9B |
8季度趋势，按日历期对齐
经营现金流BACHD
| Q4 25 | $-22.9B | $4.0B | ||
| Q3 25 | $46.9B | $4.6B | ||
| Q2 25 | $-9.1B | $4.3B | ||
| Q1 25 | $-2.2B | $4.7B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $5.4B | ||
| Q2 24 | — | $5.5B | ||
| Q1 24 | $-15.5B | $4.7B |
自由现金流BACHD
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.5B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.7B | ||
| Q1 24 | — | $3.9B |
自由现金流率BACHD
| Q4 25 | — | 7.5% | ||
| Q3 25 | — | 8.2% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | 12.8% | ||
| Q1 24 | — | 11.1% |
资本支出强度BACHD
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 2.5% |
现金转化率BACHD
| Q4 25 | -3.05× | 1.11× | ||
| Q3 25 | 5.53× | 1.02× | ||
| Q2 25 | -1.28× | 1.26× | ||
| Q1 25 | -0.30× | 1.56× | ||
| Q4 24 | — | 1.16× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | — | 1.53× | ||
| Q1 24 | -2.33× | 1.69× |
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
BAC
| Other | $7.0B | 22% |
| Global Wealth And Investment Management Segment | $6.6B | 21% |
| Global Banking Segment | $6.2B | 20% |
| Global Markets Segment | $5.3B | 17% |
| Investment And Brokerage Services Asset Management Fees | $4.2B | 13% |
| Investment Banking Income Underwriting Income | $752.0M | 2% |
| Investment Banking Income Financial Advisory Services | $590.0M | 2% |
| Investment Banking Income Syndication Fees | $324.0M | 1% |
| Corporate Securities Trading Loansand Other | $184.0M | 1% |
| Mortgage Trading Loans Mortgage Backed Securities And Asset Backed Securities | $31.0M | 0% |
| Equity Securities | $12.0M | 0% |
| Accrued Expensesand Other Liabilities | $11.0M | 0% |
HD
| Major Product Line Building Materials | $13.6B | 33% |
| Major Product Line Dcor | $12.9B | 31% |
| Major Product Line Hardlines | $10.9B | 26% |
| Other | $1.5B | 4% |
| Services | $1.5B | 4% |
| GMS Inc | $892.0M | 2% |
