vs
Maplebear Inc.（CART）与Talen Energy Corp（TLN）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Talen Energy Corp的1.3倍（$992.0M vs $758.0M），Maplebear Inc.净利率更高（8.2% vs -47.9%，领先56.1%），Talen Energy Corp同比增速更快（114.7% vs 12.3%），Talen Energy Corp自由现金流更多（$254.0M vs $171.0M），过去两年Talen Energy Corp的营收复合增速更高（35.0% 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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
CART vs TLN — 直观对比
营收规模更大
CART
是对方的1.3倍
$758.0M
营收增速更快
TLN
高出102.4%
12.3%
净利率更高
CART
高出56.1%
-47.9%
自由现金流更多
TLN
多$83.0M
$171.0M
两年增速更快
TLN
近两年复合增速
10.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $992.0M | $758.0M |
| 净利润 | $81.0M | $-363.0M |
| 毛利率 | 72.3% | — |
| 营业利润率 | 9.9% | -41.3% |
| 净利率 | 8.2% | -47.9% |
| 营收同比 | 12.3% | 114.7% |
| 净利润同比 | -45.3% | -542.7% |
| 每股收益（稀释后） | $0.31 | $-7.60 |
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CARTTLN
| Q4 25 | $992.0M | $758.0M | ||
| Q3 25 | $939.0M | $697.0M | ||
| Q2 25 | $914.0M | $409.0M | ||
| Q1 25 | $897.0M | $654.0M | ||
| Q4 24 | $883.0M | $353.0M | ||
| Q3 24 | $852.0M | $459.0M | ||
| Q2 24 | $823.0M | $346.0M | ||
| Q1 24 | $820.0M | $416.0M |
净利润CARTTLN
| Q4 25 | $81.0M | $-363.0M | ||
| Q3 25 | $144.0M | $207.0M | ||
| Q2 25 | $116.0M | $72.0M | ||
| Q1 25 | $106.0M | $-135.0M | ||
| Q4 24 | $148.0M | $82.0M | ||
| Q3 24 | $118.0M | $168.0M | ||
| Q2 24 | $61.0M | $454.0M | ||
| Q1 24 | $130.0M | $294.0M |
毛利率CARTTLN
| 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CARTTLN
| Q4 25 | 9.9% | -41.3% | ||
| Q3 25 | 17.7% | 37.7% | ||
| Q2 25 | 13.6% | 16.1% | ||
| Q1 25 | 12.3% | -16.2% | ||
| Q4 24 | 17.6% | 4.5% | ||
| Q3 24 | 16.2% | 34.4% | ||
| Q2 24 | 6.3% | 7.8% | ||
| Q1 24 | 17.6% | 6.0% |
净利率CARTTLN
| Q4 25 | 8.2% | -47.9% | ||
| Q3 25 | 15.3% | 29.7% | ||
| Q2 25 | 12.7% | 17.6% | ||
| Q1 25 | 11.8% | -20.6% | ||
| Q4 24 | 16.8% | 23.2% | ||
| Q3 24 | 13.8% | 36.6% | ||
| Q2 24 | 7.4% | 131.2% | ||
| Q1 24 | 15.9% | 70.7% |
每股收益（稀释后）CARTTLN
| Q4 25 | $0.31 | $-7.60 | ||
| Q3 25 | $0.51 | $4.25 | ||
| Q2 25 | $0.41 | $1.50 | ||
| Q1 25 | $0.37 | $-2.94 | ||
| Q4 24 | $0.53 | $2.07 | ||
| Q3 24 | $0.42 | $3.16 | ||
| Q2 24 | $0.20 | $7.60 | ||
| Q1 24 | $0.43 | $4.84 |
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 | $689.0M |
| 总债务越低越好 | — | $6.8B |
| 股东权益账面价值 | $2.5B | $1.1B |
| 总资产 | $3.7B | $10.9B |
| 负债/权益比越低杠杆越低 | — | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资CARTTLN
| Q4 25 | $687.0M | $689.0M | ||
| Q3 25 | $1.7B | $497.0M | ||
| Q2 25 | $1.6B | $122.0M | ||
| Q1 25 | $1.6B | $295.0M | ||
| Q4 24 | $1.4B | $328.0M | ||
| Q3 24 | $1.3B | $648.0M | ||
| Q2 24 | $1.4B | $632.0M | ||
| Q1 24 | $1.5B | — |
总债务CARTTLN
| Q4 25 | — | $6.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | — |
股东权益CARTTLN
| Q4 25 | $2.5B | $1.1B | ||
| Q3 25 | $3.5B | $1.5B | ||
| Q2 25 | $3.3B | $1.2B | ||
| Q1 25 | $3.2B | $1.2B | ||
| Q4 24 | $3.1B | $1.4B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $3.0B | $2.5B | ||
| Q1 24 | $3.1B | $2.8B |
总资产CARTTLN
| Q4 25 | $3.7B | $10.9B | ||
| Q3 25 | $4.5B | $6.1B | ||
| Q2 25 | $4.4B | $5.8B | ||
| Q1 25 | $4.3B | $5.9B | ||
| Q4 24 | $4.1B | $6.1B | ||
| Q3 24 | $3.9B | $6.8B | ||
| Q2 24 | $4.0B | $7.1B | ||
| Q1 24 | $4.1B | — |
负债/权益比CARTTLN
| Q4 25 | — | 6.23× | ||
| Q3 25 | — | 2.03× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | — | 2.54× | ||
| Q4 24 | — | 2.17× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.05× | ||
| 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 | $280.0M |
| 自由现金流经营现金流 - 资本支出 | $171.0M | $254.0M |
| 自由现金流率自由现金流/营收 | 17.2% | 33.5% |
| 资本支出强度资本支出/营收 | 1.2% | 3.4% |
| 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 | $606.0M |
8季度趋势，按日历期对齐
经营现金流CARTTLN
| Q4 25 | $183.0M | $280.0M | ||
| Q3 25 | $287.0M | $489.0M | ||
| Q2 25 | $203.0M | $-184.0M | ||
| Q1 25 | $298.0M | $119.0M | ||
| Q4 24 | $153.0M | — | ||
| Q3 24 | $185.0M | $96.0M | ||
| Q2 24 | $244.0M | $-23.0M | ||
| Q1 24 | $105.0M | $173.0M |
自由现金流CARTTLN
| Q4 25 | $171.0M | $254.0M | ||
| Q3 25 | $272.0M | $468.0M | ||
| Q2 25 | $187.0M | $-217.0M | ||
| Q1 25 | $280.0M | $101.0M | ||
| Q4 24 | $141.0M | — | ||
| Q3 24 | $171.0M | $83.0M | ||
| Q2 24 | $220.0M | $-43.0M | ||
| Q1 24 | $91.0M | $148.0M |
自由现金流率CARTTLN
| Q4 25 | 17.2% | 33.5% | ||
| Q3 25 | 29.0% | 67.1% | ||
| Q2 25 | 20.5% | -53.1% | ||
| Q1 25 | 31.2% | 15.4% | ||
| Q4 24 | 16.0% | — | ||
| Q3 24 | 20.1% | 18.1% | ||
| Q2 24 | 26.7% | -12.4% | ||
| Q1 24 | 11.1% | 35.6% |
资本支出强度CARTTLN
| Q4 25 | 1.2% | 3.4% | ||
| Q3 25 | 1.6% | 3.0% | ||
| Q2 25 | 1.8% | 8.1% | ||
| Q1 25 | 2.0% | 2.8% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 1.6% | 2.8% | ||
| Q2 24 | 2.9% | 5.8% | ||
| Q1 24 | 1.7% | 6.0% |
现金转化率CARTTLN
| Q4 25 | 2.26× | — | ||
| Q3 25 | 1.99× | 2.36× | ||
| Q2 25 | 1.75× | -2.56× | ||
| Q1 25 | 2.81× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.57× | 0.57× | ||
| Q2 24 | 4.00× | -0.05× | ||
| Q1 24 | 0.81× | 0.59× |
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% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
