vs
缤客控股（BKNG）与叮咚买菜（DDL）财务数据对比。点击上方公司名可切换其他公司
缤客控股的季度营收约是叮咚买菜的55.1倍（$6.3B vs $115.3M）
缤客控股是全球领先的旅行服务集团，旗下运营Booking.com、Priceline、Agoda、Kayak等知名在线平台，为休闲及商务旅客提供酒店预订、机票订购、租车服务、度假套餐、餐厅预约等服务，业务覆盖全球绝大多数国家和地区，合作数百万家旅游及餐饮商户。
叮咚买菜是中国领先的前置仓模式生鲜电商平台，主营新鲜蔬果、肉禽蛋奶、粮油米面、预制菜及日用百货等商品，依托高效供应链与分布式仓储为国内城市消费者提供最快30分钟配送到家的服务，主打高性价比与食材品质。
BKNG vs DDL — 直观对比
营收规模更大
BKNG
是对方的55.1倍
$115.3M
损益表 — Q4 2025 vs Q3 2022
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $115.3M |
| 净利润 | — | $6.7M |
| 毛利率 | — | — |
| 营业利润率 | 32.0% | 5.3% |
| 净利率 | — | 5.8% |
| 营收同比 | 16.0% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $43.66 | $-0.02 |
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BKNGDDL
| Q4 25 | $6.3B | — | ||
| Q3 25 | $9.0B | — | ||
| Q2 25 | $6.8B | — | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $5.5B | — | ||
| Q3 24 | $8.0B | — | ||
| Q2 24 | $5.9B | — | ||
| Q1 24 | $4.4B | — |
营业利润率BKNGDDL
| Q4 25 | 32.0% | — | ||
| Q3 25 | 38.7% | — | ||
| Q2 25 | 33.1% | — | ||
| Q1 25 | 22.3% | — | ||
| Q4 24 | 31.6% | — | ||
| Q3 24 | 39.8% | — | ||
| Q2 24 | 31.7% | — | ||
| Q1 24 | 17.9% | — |
每股收益（稀释后）BKNGDDL
| Q4 25 | $43.66 | — | ||
| Q3 25 | $84.41 | — | ||
| Q2 25 | $27.43 | — | ||
| Q1 25 | $10.07 | — | ||
| Q4 24 | $31.60 | — | ||
| Q3 24 | $74.34 | — | ||
| Q2 24 | $44.38 | — | ||
| Q1 24 | $22.37 | — |
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 | $17.2B | $113.7M |
| 总债务越低越好 | $18.7B | $135.8K |
| 股东权益账面价值 | $-5.6B | $4.5M |
| 总资产 | $29.3B | $178.3M |
| 负债/权益比越低杠杆越低 | — | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资BKNGDDL
| Q4 25 | $17.2B | — | ||
| Q3 25 | $16.5B | — | ||
| Q2 25 | $17.6B | — | ||
| Q1 25 | $15.6B | — | ||
| Q4 24 | $16.2B | — | ||
| Q3 24 | $15.8B | — | ||
| Q2 24 | $16.3B | — | ||
| Q1 24 | $16.0B | — |
总债务BKNGDDL
| Q4 25 | $18.7B | — | ||
| Q3 25 | $17.0B | — | ||
| Q2 25 | $18.5B | — | ||
| Q1 25 | $16.0B | — | ||
| Q4 24 | $16.6B | — | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $16.8B | — | ||
| Q1 24 | $16.9B | — |
股东权益BKNGDDL
| Q4 25 | $-5.6B | — | ||
| Q3 25 | $-4.7B | — | ||
| Q2 25 | $-6.7B | — | ||
| Q1 25 | $-6.1B | — | ||
| Q4 24 | $-4.0B | — | ||
| Q3 24 | $-3.7B | — | ||
| Q2 24 | $-4.3B | — | ||
| Q1 24 | $-4.1B | — |
总资产BKNGDDL
| Q4 25 | $29.3B | — | ||
| Q3 25 | $28.8B | — | ||
| Q2 25 | $30.7B | — | ||
| Q1 25 | $27.2B | — | ||
| Q4 24 | $27.7B | — | ||
| Q3 24 | $28.0B | — | ||
| Q2 24 | $28.5B | — | ||
| Q1 24 | $27.7B | — |
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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $1.4B | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $9.1B | — |
8季度趋势，按日历期对齐
经营现金流BKNGDDL
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $3.2B | — | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $721.0M | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | $2.7B | — |
自由现金流BKNGDDL
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.2B | — | ||
| Q4 24 | $645.0M | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
自由现金流率BKNGDDL
| Q4 25 | 22.3% | — | ||
| Q3 25 | 15.2% | — | ||
| Q2 25 | 46.1% | — | ||
| Q1 25 | 66.4% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 40.6% | — | ||
| Q1 24 | 58.3% | — |
资本支出强度BKNGDDL
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.0% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.9% | — |
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
BKNG
| Merchant Revenue | $4.2B | 67% |
| Agency Revenue | $1.8B | 28% |
| Advertisingandotherrevenues | $309.0M | 5% |
DDL
暂无分部数据
