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Maplebear Inc.（CART）与LOUISIANA-PACIFIC CORP（LPX）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LOUISIANA-PACIFIC CORP的1.8倍（$992.0M vs $566.0M），Maplebear Inc.净利率更高（8.2% vs -1.4%，领先9.6%），Maplebear Inc.同比增速更快（12.3% vs -16.9%），Maplebear Inc.自由现金流更多（$171.0M vs $-8.0M），过去两年Maplebear Inc.的营收复合增速更高（10.0% vs -11.6%）
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。
路易斯安那-太平洋公司（简称LP）是美国知名建材制造商，成立于1973年，是美国定向结构刨花板（OSB）生产的开创者，总部现位于田纳西州纳什维尔。作为全球最大的OSB生产商，公司还生产工程木建材产品，通过建材分销商、经销商及家居零售中心向建筑商和业主供货。
CART vs LPX — 直观对比
营收规模更大
CART
是对方的1.8倍
$566.0M
营收增速更快
CART
高出29.2%
-16.9%
净利率更高
CART
高出9.6%
-1.4%
自由现金流更多
CART
多$179.0M
$-8.0M
两年增速更快
CART
近两年复合增速
-11.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $566.0M |
| 净利润 | $81.0M | $-8.0M |
| 毛利率 | 72.3% | 15.0% |
| 营业利润率 | 9.9% | -1.6% |
| 净利率 | 8.2% | -1.4% |
| 营收同比 | 12.3% | -16.9% |
| 净利润同比 | -45.3% | -112.9% |
| 每股收益（稀释后） | $0.31 | $-0.12 |
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CARTLPX
| Q4 25 | $992.0M | $566.0M | ||
| Q3 25 | $939.0M | $663.0M | ||
| Q2 25 | $914.0M | $755.0M | ||
| Q1 25 | $897.0M | $724.0M | ||
| Q4 24 | $883.0M | $681.0M | ||
| Q3 24 | $852.0M | $722.0M | ||
| Q2 24 | $823.0M | $814.0M | ||
| Q1 24 | $820.0M | $724.0M |
净利润CARTLPX
| Q4 25 | $81.0M | $-8.0M | ||
| Q3 25 | $144.0M | $9.0M | ||
| Q2 25 | $116.0M | $54.0M | ||
| Q1 25 | $106.0M | $91.0M | ||
| Q4 24 | $148.0M | $62.0M | ||
| Q3 24 | $118.0M | $90.0M | ||
| Q2 24 | $61.0M | $160.0M | ||
| Q1 24 | $130.0M | $108.0M |
毛利率CARTLPX
| Q4 25 | 72.3% | 15.0% | ||
| Q3 25 | 73.7% | 19.5% | ||
| Q2 25 | 74.2% | 23.6% | ||
| Q1 25 | 74.8% | 27.2% | ||
| Q4 24 | 75.2% | 23.8% | ||
| Q3 24 | 75.2% | 26.7% | ||
| Q2 24 | 75.7% | 32.3% | ||
| Q1 24 | 74.9% | 29.6% |
营业利润率CARTLPX
| Q4 25 | 9.9% | -1.6% | ||
| Q3 25 | 17.7% | 2.7% | ||
| Q2 25 | 13.6% | 10.6% | ||
| Q1 25 | 12.3% | 16.6% | ||
| Q4 24 | 17.6% | 11.0% | ||
| Q3 24 | 16.2% | 16.1% | ||
| Q2 24 | 6.3% | 23.8% | ||
| Q1 24 | 17.6% | 20.0% |
净利率CARTLPX
| Q4 25 | 8.2% | -1.4% | ||
| Q3 25 | 15.3% | 1.4% | ||
| Q2 25 | 12.7% | 7.2% | ||
| Q1 25 | 11.8% | 12.6% | ||
| Q4 24 | 16.8% | 9.1% | ||
| Q3 24 | 13.8% | 12.5% | ||
| Q2 24 | 7.4% | 19.7% | ||
| Q1 24 | 15.9% | 14.9% |
每股收益（稀释后）CARTLPX
| Q4 25 | $0.31 | $-0.12 | ||
| Q3 25 | $0.51 | $0.13 | ||
| Q2 25 | $0.41 | $0.77 | ||
| Q1 25 | $0.37 | $1.30 | ||
| Q4 24 | $0.53 | $0.90 | ||
| Q3 24 | $0.42 | $1.28 | ||
| Q2 24 | $0.20 | $2.23 | ||
| Q1 24 | $0.43 | $1.48 |
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 | $292.0M |
| 总债务越低越好 | — | $348.0M |
| 股东权益账面价值 | $2.5B | $1.7B |
| 总资产 | $3.7B | $2.6B |
| 负债/权益比越低杠杆越低 | — | 0.20× |
8季度趋势，按日历期对齐
现金及短期投资CARTLPX
| Q4 25 | $687.0M | $292.0M | ||
| Q3 25 | $1.7B | $316.0M | ||
| Q2 25 | $1.6B | $333.0M | ||
| Q1 25 | $1.6B | $256.0M | ||
| Q4 24 | $1.4B | $340.0M | ||
| Q3 24 | $1.3B | $346.0M | ||
| Q2 24 | $1.4B | $317.0M | ||
| Q1 24 | $1.5B | $244.0M |
总债务CARTLPX
| Q4 25 | — | $348.0M | ||
| Q3 25 | — | $348.0M | ||
| Q2 25 | — | $348.0M | ||
| Q1 25 | — | $348.0M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | — | $347.0M | ||
| Q2 24 | — | $347.0M | ||
| Q1 24 | — | $347.0M |
股东权益CARTLPX
| Q4 25 | $2.5B | $1.7B | ||
| Q3 25 | $3.5B | $1.7B | ||
| Q2 25 | $3.3B | $1.7B | ||
| Q1 25 | $3.2B | $1.7B | ||
| Q4 24 | $3.1B | $1.7B | ||
| Q3 24 | $2.9B | $1.7B | ||
| Q2 24 | $3.0B | $1.7B | ||
| Q1 24 | $3.1B | $1.6B |
总资产CARTLPX
| Q4 25 | $3.7B | $2.6B | ||
| Q3 25 | $4.5B | $2.6B | ||
| Q2 25 | $4.4B | $2.7B | ||
| Q1 25 | $4.3B | $2.6B | ||
| Q4 24 | $4.1B | $2.6B | ||
| Q3 24 | $3.9B | $2.6B | ||
| Q2 24 | $4.0B | $2.5B | ||
| Q1 24 | $4.1B | $2.5B |
负债/权益比CARTLPX
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.20× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $67.0M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $-8.0M |
| 自由现金流率自由现金流/营收 | 17.2% | -1.4% |
| 资本支出强度资本支出/营收 | 1.2% | 13.3% |
| 现金转化率经营现金流/净利润 | 2.26× | — |
| 过去12个月自由现金流最近4个季度 | $910.0M | $91.0M |
8季度趋势，按日历期对齐
经营现金流CARTLPX
| Q4 25 | $183.0M | $67.0M | ||
| Q3 25 | $287.0M | $89.0M | ||
| Q2 25 | $203.0M | $162.0M | ||
| Q1 25 | $298.0M | $64.0M | ||
| Q4 24 | $153.0M | $105.0M | ||
| Q3 24 | $185.0M | $183.0M | ||
| Q2 24 | $244.0M | $212.0M | ||
| Q1 24 | $105.0M | $105.0M |
自由现金流CARTLPX
| Q4 25 | $171.0M | $-8.0M | ||
| Q3 25 | $272.0M | $5.0M | ||
| Q2 25 | $187.0M | $94.0M | ||
| Q1 25 | $280.0M | $0 | ||
| Q4 24 | $141.0M | $43.0M | ||
| Q3 24 | $171.0M | $139.0M | ||
| Q2 24 | $220.0M | $176.0M | ||
| Q1 24 | $91.0M | $64.0M |
自由现金流率CARTLPX
| Q4 25 | 17.2% | -1.4% | ||
| Q3 25 | 29.0% | 0.8% | ||
| Q2 25 | 20.5% | 12.5% | ||
| Q1 25 | 31.2% | 0.0% | ||
| Q4 24 | 16.0% | 6.3% | ||
| Q3 24 | 20.1% | 19.3% | ||
| Q2 24 | 26.7% | 21.6% | ||
| Q1 24 | 11.1% | 8.8% |
资本支出强度CARTLPX
| Q4 25 | 1.2% | 13.3% | ||
| Q3 25 | 1.6% | 12.7% | ||
| Q2 25 | 1.8% | 9.0% | ||
| Q1 25 | 2.0% | 8.8% | ||
| Q4 24 | 1.4% | 9.1% | ||
| Q3 24 | 1.6% | 6.1% | ||
| Q2 24 | 2.9% | 4.4% | ||
| Q1 24 | 1.7% | 5.7% |
现金转化率CARTLPX
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | 9.89× | ||
| Q2 25 | 1.75× | 3.00× | ||
| Q1 25 | 2.81× | 0.70× | ||
| Q4 24 | 1.03× | 1.69× | ||
| Q3 24 | 1.57× | 2.03× | ||
| Q2 24 | 4.00× | 1.32× | ||
| Q1 24 | 0.81× | 0.97× |
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% |
LPX
| OS Bvalueadd | $472.0M | 83% |
| Other | $84.0M | 15% |
| Otherproducts | $10.0M | 2% |
