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Maplebear Inc.（CART）与Centuri Holdings, Inc.（CTRI）财务数据对比。点击上方公司名可切换其他公司
Maplebear Inc.的季度营收约是Centuri Holdings, Inc.的1.2倍（$992.0M vs $858.6M），Maplebear Inc.净利率更高（8.2% vs 3.5%，领先4.6%），Centuri Holdings, Inc.同比增速更快（19.7% vs 12.3%），Maplebear Inc.自由现金流更多（$171.0M vs $66.3M），过去两年Centuri Holdings, Inc.的营收复合增速更高（27.5% vs 10.0%）
Maplebear Inc. 以Instacart为品牌开展业务，是总部位于美国旧金山的零售媒体及配送企业，在美国和加拿大运营生鲜杂货配送与自提服务。用户可通过官网及移动应用从合作商户订购食品杂货，在法律允许的地区还可选购酒类商品，所有订单由专属采购专员负责拣选、打包并配送上门。
Centuri Holdings前身为Allied Leisure，是美国街机游戏制造商，总部位于佛罗里达州海厄利亚。20世纪80年代初，它是美国排名前六的投币式街机视频游戏设备供应商之一。1980年，原Taito美国总裁埃德·米勒与合伙人比尔·奥利吉斯收购Allied Leisure后，将其更名为Centuri。
CART vs CTRI — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $858.6M |
| 净利润 | $81.0M | $30.4M |
| 毛利率 | 72.3% | 9.4% |
| 营业利润率 | 9.9% | 4.3% |
| 净利率 | 8.2% | 3.5% |
| 营收同比 | 12.3% | 19.7% |
| 净利润同比 | -45.3% | 194.1% |
| 每股收益（稀释后） | $0.31 | $0.34 |
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
| Q4 25 | $992.0M | $858.6M | ||
| Q3 25 | $939.0M | $850.0M | ||
| Q2 25 | $914.0M | $724.1M | ||
| Q1 25 | $897.0M | $550.1M | ||
| Q4 24 | $883.0M | $717.1M | ||
| Q3 24 | $852.0M | $720.1M | ||
| Q2 24 | $823.0M | $672.1M | ||
| Q1 24 | $820.0M | $528.0M |
| Q4 25 | $81.0M | $30.4M | ||
| Q3 25 | $144.0M | $2.1M | ||
| Q2 25 | $116.0M | $8.1M | ||
| Q1 25 | $106.0M | $-17.9M | ||
| Q4 24 | $148.0M | $10.3M | ||
| Q3 24 | $118.0M | $-3.7M | ||
| Q2 24 | $61.0M | $11.7M | ||
| Q1 24 | $130.0M | $-25.1M |
| Q4 25 | 72.3% | 9.4% | ||
| Q3 25 | 73.7% | 9.2% | ||
| Q2 25 | 74.2% | 9.4% | ||
| Q1 25 | 74.8% | 3.7% | ||
| Q4 24 | 75.2% | 9.9% | ||
| Q3 24 | 75.2% | 10.5% | ||
| Q2 24 | 75.7% | 9.0% | ||
| Q1 24 | 74.9% | 2.5% |
| Q4 25 | 9.9% | 4.3% | ||
| Q3 25 | 17.7% | 4.3% | ||
| Q2 25 | 13.6% | 4.4% | ||
| Q1 25 | 12.3% | -2.3% | ||
| Q4 24 | 17.6% | 4.7% | ||
| Q3 24 | 16.2% | 5.8% | ||
| Q2 24 | 6.3% | 4.9% | ||
| Q1 24 | 17.6% | -4.2% |
| Q4 25 | 8.2% | 3.5% | ||
| Q3 25 | 15.3% | 0.2% | ||
| Q2 25 | 12.7% | 1.1% | ||
| Q1 25 | 11.8% | -3.3% | ||
| Q4 24 | 16.8% | 1.4% | ||
| Q3 24 | 13.8% | -0.5% | ||
| Q2 24 | 7.4% | 1.7% | ||
| Q1 24 | 15.9% | -4.7% |
| Q4 25 | $0.31 | $0.34 | ||
| Q3 25 | $0.51 | $0.02 | ||
| Q2 25 | $0.41 | $0.09 | ||
| Q1 25 | $0.37 | $-0.20 | ||
| Q4 24 | $0.53 | $0.17 | ||
| Q3 24 | $0.42 | $-0.04 | ||
| Q2 24 | $0.20 | $0.14 | ||
| Q1 24 | $0.43 | $-0.35 |
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 | $687.0M | $126.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $873.0M |
| 总资产 | $3.7B | $2.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $687.0M | $126.6M | ||
| Q3 25 | $1.7B | $16.1M | ||
| Q2 25 | $1.6B | $28.3M | ||
| Q1 25 | $1.6B | $15.3M | ||
| Q4 24 | $1.4B | $49.0M | ||
| Q3 24 | $1.3B | $52.5M | ||
| Q2 24 | $1.4B | $30.9M | ||
| Q1 24 | $1.5B | $18.4M |
| Q4 25 | $2.5B | $873.0M | ||
| Q3 25 | $3.5B | $585.2M | ||
| Q2 25 | $3.3B | $567.1M | ||
| Q1 25 | $3.2B | $536.5M | ||
| Q4 24 | $3.1B | $555.6M | ||
| Q3 24 | $2.9B | $527.3M | ||
| Q2 24 | $3.0B | $530.4M | ||
| Q1 24 | $3.1B | $197.8M |
| Q4 25 | $3.7B | $2.4B | ||
| Q3 25 | $4.5B | $2.2B | ||
| Q2 25 | $4.4B | $2.1B | ||
| Q1 25 | $4.3B | $2.0B | ||
| Q4 24 | $4.1B | $2.1B | ||
| Q3 24 | $3.9B | $2.1B | ||
| Q2 24 | $4.0B | $2.2B | ||
| Q1 24 | $4.1B | $2.1B |
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 | $183.0M | $83.9M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $66.3M |
| 自由现金流率自由现金流/营收 | 17.2% | 7.7% |
| 资本支出强度资本支出/营收 | 1.2% | 2.0% |
| 现金转化率经营现金流/净利润 | 2.26× | 2.76× |
| 过去12个月自由现金流最近4个季度 | $910.0M | $-8.2M |
8季度趋势，按日历期对齐
| Q4 25 | $183.0M | $83.9M | ||
| Q3 25 | $287.0M | $5.2M | ||
| Q2 25 | $203.0M | $-27.7M | ||
| Q1 25 | $298.0M | $16.7M | ||
| Q4 24 | $153.0M | $61.0M | ||
| Q3 24 | $185.0M | $180.2M | ||
| Q2 24 | $244.0M | $-56.6M | ||
| Q1 24 | $105.0M | $-26.5M |
| Q4 25 | $171.0M | $66.3M | ||
| Q3 25 | $272.0M | $-18.4M | ||
| Q2 25 | $187.0M | $-48.5M | ||
| Q1 25 | $280.0M | $-7.7M | ||
| Q4 24 | $141.0M | $27.8M | ||
| Q3 24 | $171.0M | $160.7M | ||
| Q2 24 | $220.0M | $-76.9M | ||
| Q1 24 | $91.0M | $-52.7M |
| Q4 25 | 17.2% | 7.7% | ||
| Q3 25 | 29.0% | -2.2% | ||
| Q2 25 | 20.5% | -6.7% | ||
| Q1 25 | 31.2% | -1.4% | ||
| Q4 24 | 16.0% | 3.9% | ||
| Q3 24 | 20.1% | 22.3% | ||
| Q2 24 | 26.7% | -11.4% | ||
| Q1 24 | 11.1% | -10.0% |
| Q4 25 | 1.2% | 2.0% | ||
| Q3 25 | 1.6% | 2.8% | ||
| Q2 25 | 1.8% | 2.9% | ||
| Q1 25 | 2.0% | 4.4% | ||
| Q4 24 | 1.4% | 4.6% | ||
| Q3 24 | 1.6% | 2.7% | ||
| Q2 24 | 2.9% | 3.0% | ||
| Q1 24 | 1.7% | 5.0% |
| Q4 25 | 2.26× | 2.76× | ||
| Q3 25 | 1.99× | 2.48× | ||
| Q2 25 | 1.75× | -3.43× | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 1.03× | 5.90× | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 4.00× | -4.84× | ||
| Q1 24 | 0.81× | — |
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
CART
| Transaction | $698.0M | 70% |
| Advertising And Other | $294.0M | 30% |
CTRI
| Master Services Agreement | $660.7M | 77% |
| Non Union Electric Segment | $163.4M | 19% |
| Related Party | $25.6M | 3% |
