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缤客控股（BKNG）与Floor & Decor Holdings, Inc.（FND）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Floor & Decor Holdings, Inc.的5.6倍（$6.3B vs $1.1B）。缤客控股同比增速更快（16.0% vs 2.0%）。缤客控股自由现金流更多（$1.4B vs $45.1M）。过去两年缤客控股的营收复合增速更高（19.9% vs 1.5%）
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。
Floor & Decor Holdings, Inc.是美国多渠道专业零售企业，对外使用Floor & Decor品牌开展业务，创立于2000年，总部位于美国佐治亚州士麦那，主营各类硬质面地板及相关配套配件，线上线下销售渠道全面覆盖。
BKNG vs FND — 直观对比
营收规模更大
BKNG
是对方的5.6倍
$1.1B
营收增速更快
BKNG
高出14.0%
2.0%
自由现金流更多
BKNG
多$1.4B
$45.1M
两年增速更快
BKNG
近两年复合增速
1.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $6.3B | $1.1B |
| 净利润 | — | $39.3M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 32.0% | 4.6% |
| 净利率 | — | 3.5% |
| 营收同比 | 16.0% | 2.0% |
| 净利润同比 | — | -17.2% |
| 每股收益（稀释后） | $43.66 | $0.36 |
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BKNGFND
| Q4 25 | $6.3B | $1.1B | ||
| Q3 25 | $9.0B | $1.2B | ||
| Q2 25 | $6.8B | $1.2B | ||
| Q1 25 | $4.8B | $1.2B | ||
| Q4 24 | $5.5B | $1.1B | ||
| Q3 24 | $8.0B | $1.1B | ||
| Q2 24 | $5.9B | $1.1B | ||
| Q1 24 | $4.4B | $1.1B |
净利润BKNGFND
| Q4 25 | — | $39.3M | ||
| Q3 25 | — | $57.3M | ||
| Q2 25 | — | $63.2M | ||
| Q1 25 | — | $48.9M | ||
| Q4 24 | — | $47.5M | ||
| Q3 24 | — | $51.7M | ||
| Q2 24 | — | $56.7M | ||
| Q1 24 | — | $50.0M |
毛利率BKNGFND
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 43.9% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 43.5% | ||
| Q2 24 | — | 43.3% | ||
| Q1 24 | — | 42.8% |
营业利润率BKNGFND
| Q4 25 | 32.0% | 4.6% | ||
| Q3 25 | 38.7% | 6.1% | ||
| Q2 25 | 33.1% | 6.7% | ||
| Q1 25 | 22.3% | 5.5% | ||
| Q4 24 | 31.6% | 5.3% | ||
| Q3 24 | 39.8% | 5.9% | ||
| Q2 24 | 31.7% | 6.3% | ||
| Q1 24 | 17.9% | 5.4% |
净利率BKNGFND
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 5.0% | ||
| Q1 24 | — | 4.6% |
每股收益（稀释后）BKNGFND
| Q4 25 | $43.66 | $0.36 | ||
| Q3 25 | $84.41 | $0.53 | ||
| Q2 25 | $27.43 | $0.58 | ||
| Q1 25 | $10.07 | $0.45 | ||
| Q4 24 | $31.60 | $0.44 | ||
| Q3 24 | $74.34 | $0.48 | ||
| Q2 24 | $44.38 | $0.52 | ||
| Q1 24 | $22.37 | $0.46 |
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 | — |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $-5.6B | $2.4B |
| 总资产 | $29.3B | $5.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BKNGFND
| 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BKNGFND
| 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BKNGFND
| Q4 25 | $-5.6B | $2.4B | ||
| Q3 25 | $-4.7B | $2.4B | ||
| Q2 25 | $-6.7B | $2.3B | ||
| Q1 25 | $-6.1B | $2.2B | ||
| Q4 24 | $-4.0B | $2.2B | ||
| Q3 24 | $-3.7B | $2.1B | ||
| Q2 24 | $-4.3B | $2.0B | ||
| Q1 24 | $-4.1B | $2.0B |
总资产BKNGFND
| Q4 25 | $29.3B | $5.5B | ||
| Q3 25 | $28.8B | $5.5B | ||
| Q2 25 | $30.7B | $5.4B | ||
| Q1 25 | $27.2B | $5.4B | ||
| Q4 24 | $27.7B | $5.1B | ||
| Q3 24 | $28.0B | $4.9B | ||
| Q2 24 | $28.5B | $4.8B | ||
| Q1 24 | $27.7B | $4.7B |
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 | $124.1M |
| 自由现金流经营现金流 - 资本支出 | $1.4B | $45.1M |
| 自由现金流率自由现金流/营收 | 22.3% | 4.0% |
| 资本支出强度资本支出/营收 | 1.1% | 7.0% |
| 现金转化率经营现金流/净利润 | — | 3.15× |
| 过去12个月自由现金流最近4个季度 | $9.1B | $64.1M |
8季度趋势，按日历期对齐
经营现金流BKNGFND
| Q4 25 | $1.5B | $124.1M | ||
| Q3 25 | $1.4B | $102.5M | ||
| Q2 25 | $3.2B | $84.1M | ||
| Q1 25 | $3.3B | $71.2M | ||
| Q4 24 | $721.0M | $101.4M | ||
| Q3 24 | $2.4B | $160.3M | ||
| Q2 24 | $2.5B | $194.0M | ||
| Q1 24 | $2.7B | $147.5M |
自由现金流BKNGFND
| Q4 25 | $1.4B | $45.1M | ||
| Q3 25 | $1.4B | $24.5M | ||
| Q2 25 | $3.1B | $-10.0M | ||
| Q1 25 | $3.2B | $4.4M | ||
| Q4 24 | $645.0M | $3.9M | ||
| Q3 24 | $2.3B | $36.5M | ||
| Q2 24 | $2.4B | $80.0M | ||
| Q1 24 | $2.6B | $35.8M |
自由现金流率BKNGFND
| Q4 25 | 22.3% | 4.0% | ||
| Q3 25 | 15.2% | 2.1% | ||
| Q2 25 | 46.1% | -0.8% | ||
| Q1 25 | 66.4% | 0.4% | ||
| Q4 24 | 11.8% | 0.4% | ||
| Q3 24 | 28.7% | 3.3% | ||
| Q2 24 | 40.6% | 7.1% | ||
| Q1 24 | 58.3% | 3.3% |
资本支出强度BKNGFND
| Q4 25 | 1.1% | 7.0% | ||
| Q3 25 | 0.7% | 6.6% | ||
| Q2 25 | 0.9% | 7.8% | ||
| Q1 25 | 2.5% | 5.7% | ||
| Q4 24 | 1.4% | 8.8% | ||
| Q3 24 | 1.0% | 11.1% | ||
| Q2 24 | 2.5% | 10.1% | ||
| Q1 24 | 2.9% | 10.2% |
现金转化率BKNGFND
| Q4 25 | — | 3.15× | ||
| Q3 25 | — | 1.79× | ||
| Q2 25 | — | 1.33× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | — | 2.14× | ||
| Q3 24 | — | 3.10× | ||
| Q2 24 | — | 3.42× | ||
| Q1 24 | — | 2.95× |
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% |
FND
| Laminate And Vinyl | $310.1M | 27% |
| Tile | $259.1M | 23% |
| Installation Materials And Tools | $218.4M | 19% |
| Decorative Accessories And Wall Tile | $177.0M | 16% |
| Wood | $83.2M | 7% |
| Natural Stone | $46.8M | 4% |
| Adjacent Categories | $26.6M | 2% |
| Other | $8.5M | 1% |
