vs
Builders FirstSource（BLDR）与DoorDash（DASH）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是Builders FirstSource的1.2倍（$4.0B vs $3.4B），DoorDash净利率更高（5.4% vs 0.9%，领先4.4%），DoorDash同比增速更快（37.7% vs -12.1%），DoorDash自由现金流更多（$367.0M vs $106.7M），过去两年DoorDash的营收复合增速更高（25.5% vs -7.1%）
Builders FirstSource是财富500强企业，成立于1998年3月，总部位于美国得克萨斯州欧文，是美国规模最大的建筑产品、预制构件及增值服务供应商，同时生产制造建筑材料。公司在全美拥有超1.5万名员工，服务于新建住宅施工、维修及翻新领域的专业客户。
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
BLDR vs DASH — 直观对比
营收规模更大
DASH
是对方的1.2倍
$3.4B
营收增速更快
DASH
高出49.8%
-12.1%
净利率更高
DASH
高出4.4%
0.9%
自由现金流更多
DASH
多$260.3M
$106.7M
两年增速更快
DASH
近两年复合增速
-7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $4.0B |
| 净利润 | $31.5M | $213.0M |
| 毛利率 | 29.8% | — |
| 营业利润率 | 1.8% | 3.7% |
| 净利率 | 0.9% | 5.4% |
| 营收同比 | -12.1% | 37.7% |
| 净利润同比 | -83.5% | 51.1% |
| 每股收益（稀释后） | $0.29 | $0.49 |
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BLDRDASH
| Q4 25 | $3.4B | $4.0B | ||
| Q3 25 | $3.9B | $3.4B | ||
| Q2 25 | $4.2B | $3.3B | ||
| Q1 25 | $3.7B | $3.0B | ||
| Q4 24 | $3.8B | $2.9B | ||
| Q3 24 | $4.2B | $2.7B | ||
| Q2 24 | $4.5B | $2.6B | ||
| Q1 24 | $3.9B | $2.5B |
净利润BLDRDASH
| Q4 25 | $31.5M | $213.0M | ||
| Q3 25 | $122.4M | $244.0M | ||
| Q2 25 | $185.0M | $285.0M | ||
| Q1 25 | $96.3M | $193.0M | ||
| Q4 24 | $190.2M | $141.0M | ||
| Q3 24 | $284.8M | $162.0M | ||
| Q2 24 | $344.1M | $-157.0M | ||
| Q1 24 | $258.8M | $-23.0M |
毛利率BLDRDASH
| Q4 25 | 29.8% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 30.7% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 32.3% | — | ||
| Q3 24 | 32.8% | — | ||
| Q2 24 | 32.8% | — | ||
| Q1 24 | 33.4% | — |
营业利润率BLDRDASH
| Q4 25 | 1.8% | 3.7% | ||
| Q3 25 | 5.8% | 7.5% | ||
| Q2 25 | 7.4% | 5.0% | ||
| Q1 25 | 5.0% | 5.1% | ||
| Q4 24 | 8.0% | 4.1% | ||
| Q3 24 | 10.1% | 4.0% | ||
| Q2 24 | 11.0% | -7.6% | ||
| Q1 24 | 9.6% | -2.4% |
净利率BLDRDASH
| Q4 25 | 0.9% | 5.4% | ||
| Q3 25 | 3.1% | 7.1% | ||
| Q2 25 | 4.4% | 8.7% | ||
| Q1 25 | 2.6% | 6.4% | ||
| Q4 24 | 5.0% | 4.9% | ||
| Q3 24 | 6.7% | 6.0% | ||
| Q2 24 | 7.7% | -6.0% | ||
| Q1 24 | 6.7% | -0.9% |
每股收益（稀释后）BLDRDASH
| Q4 25 | $0.29 | $0.49 | ||
| Q3 25 | $1.10 | $0.55 | ||
| Q2 25 | $1.66 | $0.65 | ||
| Q1 25 | $0.84 | $0.44 | ||
| Q4 24 | $1.65 | $0.35 | ||
| Q3 24 | $2.44 | $0.38 | ||
| Q2 24 | $2.87 | $-0.38 | ||
| Q1 24 | $2.10 | $-0.06 |
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 | $181.8M | $4.4B |
| 总债务越低越好 | $4.4B | — |
| 股东权益账面价值 | $4.4B | $10.0B |
| 总资产 | $11.2B | $19.7B |
| 负债/权益比越低杠杆越低 | 1.02× | — |
8季度趋势，按日历期对齐
现金及短期投资BLDRDASH
| Q4 25 | $181.8M | $4.4B | ||
| Q3 25 | $296.2M | $3.3B | ||
| Q2 25 | $87.0M | $3.9B | ||
| Q1 25 | $115.4M | $4.5B | ||
| Q4 24 | $153.6M | $4.0B | ||
| Q3 24 | $328.1M | $3.7B | ||
| Q2 24 | $75.6M | $3.4B | ||
| Q1 24 | $697.5M | $3.1B |
总债务BLDRDASH
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.4B | — | ||
| Q2 25 | $4.7B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.8B | — | ||
| Q1 24 | $3.7B | — |
股东权益BLDRDASH
| Q4 25 | $4.4B | $10.0B | ||
| Q3 25 | $4.3B | $9.5B | ||
| Q2 25 | $4.2B | $8.9B | ||
| Q1 25 | $4.4B | $8.4B | ||
| Q4 24 | $4.3B | $7.8B | ||
| Q3 24 | $4.4B | $7.6B | ||
| Q2 24 | $4.3B | $7.2B | ||
| Q1 24 | $5.0B | $7.0B |
总资产BLDRDASH
| Q4 25 | $11.2B | $19.7B | ||
| Q3 25 | $11.4B | $18.0B | ||
| Q2 25 | $11.5B | $16.9B | ||
| Q1 25 | $11.4B | $13.6B | ||
| Q4 24 | $10.6B | $12.8B | ||
| Q3 24 | $10.9B | $12.3B | ||
| Q2 24 | $10.7B | $11.8B | ||
| Q1 24 | $11.2B | $11.4B |
负债/权益比BLDRDASH
| Q4 25 | 1.02× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | 0.86× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.75× | — |
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 | $194.8M | $421.0M |
| 自由现金流经营现金流 - 资本支出 | $106.7M | $367.0M |
| 自由现金流率自由现金流/营收 | 3.2% | 9.3% |
| 资本支出强度资本支出/营收 | 2.6% | 1.4% |
| 现金转化率经营现金流/净利润 | 6.19× | 1.98× |
| 过去12个月自由现金流最近4个季度 | $853.3M | $2.2B |
8季度趋势，按日历期对齐
经营现金流BLDRDASH
| Q4 25 | $194.8M | $421.0M | ||
| Q3 25 | $547.7M | $871.0M | ||
| Q2 25 | $341.0M | $504.0M | ||
| Q1 25 | $132.3M | $635.0M | ||
| Q4 24 | $373.5M | $518.0M | ||
| Q3 24 | $730.0M | $531.0M | ||
| Q2 24 | $452.1M | $530.0M | ||
| Q1 24 | $317.2M | $553.0M |
自由现金流BLDRDASH
| Q4 25 | $106.7M | $367.0M | ||
| Q3 25 | $461.9M | $808.0M | ||
| Q2 25 | $252.3M | $438.0M | ||
| Q1 25 | $32.4M | $561.0M | ||
| Q4 24 | $273.8M | $486.0M | ||
| Q3 24 | $630.4M | $499.0M | ||
| Q2 24 | $364.0M | $507.0M | ||
| Q1 24 | $224.0M | $536.0M |
自由现金流率BLDRDASH
| Q4 25 | 3.2% | 9.3% | ||
| Q3 25 | 11.7% | 23.4% | ||
| Q2 25 | 6.0% | 13.3% | ||
| Q1 25 | 0.9% | 18.5% | ||
| Q4 24 | 7.2% | 16.9% | ||
| Q3 24 | 14.9% | 18.4% | ||
| Q2 24 | 8.2% | 19.3% | ||
| Q1 24 | 5.8% | 21.3% |
资本支出强度BLDRDASH
| Q4 25 | 2.6% | 1.4% | ||
| Q3 25 | 2.2% | 1.8% | ||
| Q2 25 | 2.1% | 2.0% | ||
| Q1 25 | 2.7% | 2.4% | ||
| Q4 24 | 2.6% | 1.1% | ||
| Q3 24 | 2.4% | 1.2% | ||
| Q2 24 | 2.0% | 0.9% | ||
| Q1 24 | 2.4% | 0.7% |
现金转化率BLDRDASH
| Q4 25 | 6.19× | 1.98× | ||
| Q3 25 | 4.48× | 3.57× | ||
| Q2 25 | 1.84× | 1.77× | ||
| Q1 25 | 1.37× | 3.29× | ||
| Q4 24 | 1.96× | 3.67× | ||
| Q3 24 | 2.56× | 3.28× | ||
| Q2 24 | 1.31× | — | ||
| Q1 24 | 1.23× | — |
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
BLDR
| Specialty Building Products And Services | $949.0M | 28% |
| Windows Doors And Millwork | $893.5M | 27% |
| Lumber And Lumber Sheet Goods | $772.6M | 23% |
| Manufactured Products | $742.8M | 22% |
DASH
暂无分部数据
