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Maplebear Inc.（CART）与GREIF, INC（GEF）财务数据对比。点击上方公司名可切换其他公司
GREIF, INC的季度营收约是Maplebear Inc.的1.0倍（$994.8M vs $992.0M），GREIF, INC净利率更高（17.6% vs 8.2%，领先9.4%），Maplebear Inc.同比增速更快（12.3% vs -21.4%），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs -9.2%）
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。
格瑞夫公司是全球工业包装产品及服务领域的领先企业，总部位于美国俄亥俄州特拉华市。公司最初以制桶业务起家，目前核心产品涵盖钢桶、纤维桶、塑料桶、中型散装容器、油桶、塑料瓶、密封件、箱板纸、瓦楞制品及粘合剂等，2018年位列《财富》美国1000强第617位。
CART vs GEF — 直观对比
营收规模更大
GEF
是对方的1.0倍
$992.0M
营收增速更快
CART
高出33.8%
-21.4%
净利率更高
GEF
高出9.4%
8.2%
两年增速更快
CART
近两年复合增速
-9.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $994.8M |
| 净利润 | $81.0M | $174.6M |
| 毛利率 | 72.3% | 20.4% |
| 营业利润率 | 9.9% | 25.8% |
| 净利率 | 8.2% | 17.6% |
| 营收同比 | 12.3% | -21.4% |
| 净利润同比 | -45.3% | 1930.2% |
| 每股收益（稀释后） | $0.31 | — |
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CARTGEF
| Q4 25 | $992.0M | $994.8M | ||
| Q3 25 | $939.0M | $1.1B | ||
| Q2 25 | $914.0M | $1.4B | ||
| Q1 25 | $897.0M | $1.3B | ||
| Q4 24 | $883.0M | $1.4B | ||
| Q3 24 | $852.0M | $1.5B | ||
| Q2 24 | $823.0M | $1.4B | ||
| Q1 24 | $820.0M | $1.2B |
净利润CARTGEF
| Q4 25 | $81.0M | $174.6M | ||
| Q3 25 | $144.0M | $64.0M | ||
| Q2 25 | $116.0M | $47.3M | ||
| Q1 25 | $106.0M | $8.6M | ||
| Q4 24 | $148.0M | $70.1M | ||
| Q3 24 | $118.0M | $87.1M | ||
| Q2 24 | $61.0M | $44.4M | ||
| Q1 24 | $130.0M | $67.2M |
毛利率CARTGEF
| Q4 25 | 72.3% | 20.4% | ||
| Q3 25 | 73.7% | 22.7% | ||
| Q2 25 | 74.2% | 23.1% | ||
| Q1 25 | 74.8% | 19.4% | ||
| Q4 24 | 75.2% | 20.4% | ||
| Q3 24 | 75.2% | 20.0% | ||
| Q2 24 | 75.7% | 19.7% | ||
| Q1 24 | 74.9% | 18.4% |
营业利润率CARTGEF
| Q4 25 | 9.9% | 25.8% | ||
| Q3 25 | 17.7% | 6.4% | ||
| Q2 25 | 13.6% | 8.6% | ||
| Q1 25 | 12.3% | 4.7% | ||
| Q4 24 | 17.6% | 8.9% | ||
| Q3 24 | 16.2% | 11.8% | ||
| Q2 24 | 6.3% | 7.2% | ||
| Q1 24 | 17.6% | 5.7% |
净利率CARTGEF
| Q4 25 | 8.2% | 17.6% | ||
| Q3 25 | 15.3% | 5.6% | ||
| Q2 25 | 12.7% | 3.4% | ||
| Q1 25 | 11.8% | 0.7% | ||
| Q4 24 | 16.8% | 4.9% | ||
| Q3 24 | 13.8% | 6.0% | ||
| Q2 24 | 7.4% | 3.2% | ||
| Q1 24 | 15.9% | 5.6% |
每股收益（稀释后）CARTGEF
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.51 | — | ||
| Q2 25 | $0.41 | — | ||
| Q1 25 | $0.37 | — | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $0.42 | — | ||
| Q2 24 | $0.20 | — | ||
| Q1 24 | $0.43 | — |
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 | $243.5M |
| 总债务越低越好 | — | $655.1M |
| 股东权益账面价值 | $2.5B | $2.9B |
| 总资产 | $3.7B | $5.5B |
| 负债/权益比越低杠杆越低 | — | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资CARTGEF
| Q4 25 | $687.0M | $243.5M | ||
| Q3 25 | $1.7B | $285.2M | ||
| Q2 25 | $1.6B | $252.7M | ||
| Q1 25 | $1.6B | $201.1M | ||
| Q4 24 | $1.4B | $197.7M | ||
| Q3 24 | $1.3B | $194.2M | ||
| Q2 24 | $1.4B | $196.0M | ||
| Q1 24 | $1.5B | $179.3M |
总债务CARTGEF
| Q4 25 | — | $655.1M | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $2.3B |
股东权益CARTGEF
| Q4 25 | $2.5B | $2.9B | ||
| Q3 25 | $3.5B | $2.2B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.2B | $2.0B | ||
| Q4 24 | $3.1B | $2.1B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $3.0B | $2.0B | ||
| Q1 24 | $3.1B | $2.0B |
总资产CARTGEF
| Q4 25 | $3.7B | $5.5B | ||
| Q3 25 | $4.5B | $6.7B | ||
| Q2 25 | $4.4B | $6.8B | ||
| Q1 25 | $4.3B | $6.6B | ||
| Q4 24 | $4.1B | $6.6B | ||
| Q3 24 | $3.9B | $6.8B | ||
| Q2 24 | $4.0B | $6.8B | ||
| Q1 24 | $4.1B | $6.0B |
负债/权益比CARTGEF
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 1.06× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.44× | ||
| Q1 24 | — | 1.15× |
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 | $-24.4M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | — |
| 自由现金流率自由现金流/营收 | 17.2% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | 2.26× | -0.14× |
| 过去12个月自由现金流最近4个季度 | $910.0M | — |
8季度趋势，按日历期对齐
经营现金流CARTGEF
| Q4 25 | $183.0M | $-24.4M | ||
| Q3 25 | $287.0M | $197.7M | ||
| Q2 25 | $203.0M | $136.4M | ||
| Q1 25 | $298.0M | $-30.8M | ||
| Q4 24 | $153.0M | $187.2M | ||
| Q3 24 | $185.0M | $76.8M | ||
| Q2 24 | $244.0M | $87.5M | ||
| Q1 24 | $105.0M | $4.5M |
自由现金流CARTGEF
| Q4 25 | $171.0M | — | ||
| Q3 25 | $272.0M | — | ||
| Q2 25 | $187.0M | — | ||
| Q1 25 | $280.0M | — | ||
| Q4 24 | $141.0M | — | ||
| Q3 24 | $171.0M | — | ||
| Q2 24 | $220.0M | — | ||
| Q1 24 | $91.0M | — |
自由现金流率CARTGEF
| Q4 25 | 17.2% | — | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 16.0% | — | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 26.7% | — | ||
| Q1 24 | 11.1% | — |
资本支出强度CARTGEF
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 2.9% | — | ||
| Q1 24 | 1.7% | — |
现金转化率CARTGEF
| Q4 25 | 2.26× | -0.14× | ||
| Q3 25 | 1.99× | 3.09× | ||
| Q2 25 | 1.75× | 2.88× | ||
| Q1 25 | 2.81× | -3.58× | ||
| Q4 24 | 1.03× | 2.67× | ||
| Q3 24 | 1.57× | 0.88× | ||
| Q2 24 | 4.00× | 1.97× | ||
| Q1 24 | 0.81× | 0.07× |
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% |
GEF
| Other | $501.0M | 50% |
| Sustainable Fiber Solutions Segment | $300.4M | 30% |
| Customized Polymer Solutions Segment | $124.8M | 13% |
| Durable Metal Solutions Segment | $62.5M | 6% |
| Innovative Closure Solutions Segment | $6.1M | 1% |
