vs
Maplebear Inc.（CART）与Host Hotels & Resorts（HST）财务数据对比。点击上方公司名可切换其他公司
Host Hotels & Resorts的季度营收约是Maplebear Inc.的1.6倍（$1.6B vs $992.0M），Host Hotels & Resorts净利率更高（8.4% vs 8.2%，领先0.3%），Maplebear Inc.同比增速更快（12.3% vs 12.3%），Host Hotels & Resorts自由现金流更多（$445.0M vs $171.0M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs 4.4%）
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。
Host Hotels & Resorts是总部位于美国马里兰州贝塞斯达的房地产投资信托企业，专注于高端酒店资产投资。截至2024年12月31日，公司在美国、巴西、加拿大共持有81家高端酒店，总客房数约4.34万间，是全球知名的酒店不动产投资机构。
CART vs HST — 直观对比
营收规模更大
HST
是对方的1.6倍
$992.0M
营收增速更快
CART
高出0.1%
12.3%
净利率更高
HST
高出0.3%
8.2%
自由现金流更多
HST
多$274.0M
$171.0M
两年增速更快
CART
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $1.6B |
| 净利润 | $81.0M | $135.0M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | 12.0% |
| 净利率 | 8.2% | 8.4% |
| 营收同比 | 12.3% | 12.3% |
| 净利润同比 | -45.3% | 25.0% |
| 每股收益（稀释后） | $0.31 | $0.20 |
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CARTHST
| Q4 25 | $992.0M | $1.6B | ||
| Q3 25 | $939.0M | $1.3B | ||
| Q2 25 | $914.0M | $1.6B | ||
| Q1 25 | $897.0M | $1.6B | ||
| Q4 24 | $883.0M | $1.4B | ||
| Q3 24 | $852.0M | $1.3B | ||
| Q2 24 | $823.0M | $1.5B | ||
| Q1 24 | $820.0M | $1.5B |
净利润CARTHST
| Q4 25 | $81.0M | $135.0M | ||
| Q3 25 | $144.0M | $161.0M | ||
| Q2 25 | $116.0M | $221.0M | ||
| Q1 25 | $106.0M | $248.0M | ||
| Q4 24 | $148.0M | $108.0M | ||
| Q3 24 | $118.0M | $82.0M | ||
| Q2 24 | $61.0M | $239.0M | ||
| Q1 24 | $130.0M | $268.0M |
毛利率CARTHST
| Q4 25 | 72.3% | — | ||
| Q3 25 | 73.7% | — | ||
| Q2 25 | 74.2% | — | ||
| Q1 25 | 74.8% | — | ||
| Q4 24 | 75.2% | — | ||
| Q3 24 | 75.2% | — | ||
| Q2 24 | 75.7% | — | ||
| Q1 24 | 74.9% | — |
营业利润率CARTHST
| Q4 25 | 9.9% | 12.0% | ||
| Q3 25 | 17.7% | 7.6% | ||
| Q2 25 | 13.6% | 17.5% | ||
| Q1 25 | 12.3% | 17.9% | ||
| Q4 24 | 17.6% | 11.0% | ||
| Q3 24 | 16.2% | 10.2% | ||
| Q2 24 | 6.3% | 19.9% | ||
| Q1 24 | 17.6% | 19.8% |
净利率CARTHST
| Q4 25 | 8.2% | 8.4% | ||
| Q3 25 | 15.3% | 12.1% | ||
| Q2 25 | 12.7% | 13.9% | ||
| Q1 25 | 11.8% | 15.6% | ||
| Q4 24 | 16.8% | 7.6% | ||
| Q3 24 | 13.8% | 6.2% | ||
| Q2 24 | 7.4% | 16.3% | ||
| Q1 24 | 15.9% | 18.2% |
每股收益（稀释后）CARTHST
| Q4 25 | $0.31 | $0.20 | ||
| Q3 25 | $0.51 | $0.23 | ||
| Q2 25 | $0.41 | $0.32 | ||
| Q1 25 | $0.37 | $0.35 | ||
| Q4 24 | $0.53 | $0.15 | ||
| Q3 24 | $0.42 | $0.12 | ||
| Q2 24 | $0.20 | $0.34 | ||
| Q1 24 | $0.43 | $0.38 |
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 | $768.0M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $2.5B | $6.6B |
| 总资产 | $3.7B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资CARTHST
| Q4 25 | $687.0M | $768.0M | ||
| Q3 25 | $1.7B | $539.0M | ||
| Q2 25 | $1.6B | $490.0M | ||
| Q1 25 | $1.6B | $428.0M | ||
| Q4 24 | $1.4B | $554.0M | ||
| Q3 24 | $1.3B | $564.0M | ||
| Q2 24 | $1.4B | $805.0M | ||
| Q1 24 | $1.5B | $1.3B |
总债务CARTHST
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $896.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CARTHST
| Q4 25 | $2.5B | $6.6B | ||
| Q3 25 | $3.5B | $6.7B | ||
| Q2 25 | $3.3B | $6.6B | ||
| Q1 25 | $3.2B | $6.7B | ||
| Q4 24 | $3.1B | $6.6B | ||
| Q3 24 | $2.9B | $6.7B | ||
| Q2 24 | $3.0B | $6.8B | ||
| Q1 24 | $3.1B | $6.7B |
总资产CARTHST
| Q4 25 | $3.7B | $13.0B | ||
| Q3 25 | $4.5B | $13.0B | ||
| Q2 25 | $4.4B | $13.0B | ||
| Q1 25 | $4.3B | $12.9B | ||
| Q4 24 | $4.1B | $13.0B | ||
| Q3 24 | $3.9B | $13.1B | ||
| Q2 24 | $4.0B | $12.4B | ||
| Q1 24 | $4.1B | $12.5B |
负债/权益比CARTHST
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $543.0M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $445.0M |
| 自由现金流率自由现金流/营收 | 17.2% | 27.8% |
| 资本支出强度资本支出/营收 | 1.2% | 6.1% |
| 现金转化率经营现金流/净利润 | 2.26× | 4.02× |
| 过去12个月自由现金流最近4个季度 | $910.0M | $1.2B |
8季度趋势，按日历期对齐
经营现金流CARTHST
| Q4 25 | $183.0M | $543.0M | ||
| Q3 25 | $287.0M | $218.0M | ||
| Q2 25 | $203.0M | $444.0M | ||
| Q1 25 | $298.0M | $305.0M | ||
| Q4 24 | $153.0M | $331.0M | ||
| Q3 24 | $185.0M | $349.0M | ||
| Q2 24 | $244.0M | $453.0M | ||
| Q1 24 | $105.0M | $365.0M |
自由现金流CARTHST
| Q4 25 | $171.0M | $445.0M | ||
| Q3 25 | $272.0M | $143.0M | ||
| Q2 25 | $187.0M | $381.0M | ||
| Q1 25 | $280.0M | $259.0M | ||
| Q4 24 | $141.0M | $235.0M | ||
| Q3 24 | $171.0M | $262.0M | ||
| Q2 24 | $220.0M | $409.0M | ||
| Q1 24 | $91.0M | $332.0M |
自由现金流率CARTHST
| Q4 25 | 17.2% | 27.8% | ||
| Q3 25 | 29.0% | 10.7% | ||
| Q2 25 | 20.5% | 24.0% | ||
| Q1 25 | 31.2% | 16.2% | ||
| Q4 24 | 16.0% | 16.5% | ||
| Q3 24 | 20.1% | 19.9% | ||
| Q2 24 | 26.7% | 27.9% | ||
| Q1 24 | 11.1% | 22.6% |
资本支出强度CARTHST
| Q4 25 | 1.2% | 6.1% | ||
| Q3 25 | 1.6% | 5.6% | ||
| Q2 25 | 1.8% | 4.0% | ||
| Q1 25 | 2.0% | 2.9% | ||
| Q4 24 | 1.4% | 6.7% | ||
| Q3 24 | 1.6% | 6.6% | ||
| Q2 24 | 2.9% | 3.0% | ||
| Q1 24 | 1.7% | 2.2% |
现金转化率CARTHST
| Q4 25 | 2.26× | 4.02× | ||
| Q3 25 | 1.99× | 1.35× | ||
| Q2 25 | 1.75× | 2.01× | ||
| Q1 25 | 2.81× | 1.23× | ||
| Q4 24 | 1.03× | 3.06× | ||
| Q3 24 | 1.57× | 4.26× | ||
| Q2 24 | 4.00× | 1.90× | ||
| Q1 24 | 0.81× | 1.36× |
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% |
HST
暂无分部数据
