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CARVANA CO.（CVNA）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
CARVANA CO.的季度营收约是希捷科技的1.8倍（$5.6B vs $3.1B），希捷科技净利率更高（24.0% vs 15.3%，领先8.7%），CARVANA CO.同比增速更快（58.0% vs 44.1%），希捷科技自由现金流更多（$953.0M vs $379.0M），过去两年CARVANA CO.的营收复合增速更高（35.3% vs 28.4%）
Carvana Co.是总部位于美国亚利桑那州坦佩市的线上二手车零售企业，主打线上一站式购车服务，2021年成功入选《财富》500强榜单，是该榜单有史以来最年轻的上榜企业之一。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
CVNA vs STX — 直观对比
营收规模更大
CVNA
是对方的1.8倍
$3.1B
营收增速更快
CVNA
高出13.9%
44.1%
净利率更高
STX
高出8.7%
15.3%
自由现金流更多
STX
多$574.0M
$379.0M
两年增速更快
CVNA
近两年复合增速
28.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.6B | $3.1B |
| 净利润 | $857.0M | $748.0M |
| 毛利率 | 18.8% | 46.5% |
| 营业利润率 | 7.6% | 32.1% |
| 净利率 | 15.3% | 24.0% |
| 营收同比 | 58.0% | 44.1% |
| 净利润同比 | 984.8% | -23.8% |
| 每股收益（稀释后） | — | $3.27 |
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CVNASTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | — | $2.8B | ||
| Q4 25 | $5.6B | $2.6B | ||
| Q3 25 | $5.6B | — | ||
| Q2 25 | $4.8B | $2.4B | ||
| Q1 25 | $4.2B | $2.2B | ||
| Q4 24 | $3.5B | $2.3B | ||
| Q3 24 | $3.7B | $2.2B |
净利润CVNASTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | — | $593.0M | ||
| Q4 25 | $857.0M | $549.0M | ||
| Q3 25 | $151.0M | — | ||
| Q2 25 | $183.0M | $488.0M | ||
| Q1 25 | $216.0M | $340.0M | ||
| Q4 24 | $79.0M | $336.0M | ||
| Q3 24 | $85.0M | $305.0M |
毛利率CVNASTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | 18.8% | 39.4% | ||
| Q3 25 | 20.3% | — | ||
| Q2 25 | 22.0% | 37.4% | ||
| Q1 25 | 22.0% | 35.2% | ||
| Q4 24 | 21.5% | 34.9% | ||
| Q3 24 | 22.1% | 32.9% |
营业利润率CVNASTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | — | 29.8% | ||
| Q4 25 | 7.6% | 26.4% | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 10.6% | 23.2% | ||
| Q1 25 | 9.3% | 20.0% | ||
| Q4 24 | 7.3% | 21.0% | ||
| Q3 24 | 9.2% | 18.6% |
净利率CVNASTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | — | 21.0% | ||
| Q4 25 | 15.3% | 20.9% | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 3.8% | 20.0% | ||
| Q1 25 | 5.1% | 15.7% | ||
| Q4 24 | 2.2% | 14.5% | ||
| Q3 24 | 2.3% | 14.1% |
每股收益（稀释后）CVNASTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | — | $2.43 | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.24 | ||
| Q1 25 | — | $1.57 | ||
| Q4 24 | — | $1.55 | ||
| Q3 24 | — | $1.41 |
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 | $2.3B | $1.1B |
| 总债务越低越好 | $4.9B | $3.9B |
| 股东权益账面价值 | $3.4B | — |
| 总资产 | $13.2B | $8.9B |
| 负债/权益比越低杠杆越低 | 1.43× | — |
8季度趋势，按日历期对齐
现金及短期投资CVNASTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | $2.3B | $1.1B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $1.9B | $891.0M | ||
| Q1 25 | $1.9B | $814.0M | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $871.0M | $1.2B |
总债务CVNASTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | — | — |
股东权益CVNASTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | $3.4B | $-63.0M | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $1.7B | $-453.0M | ||
| Q1 25 | $1.5B | $-829.0M | ||
| Q4 24 | $1.3B | $-1.1B | ||
| Q3 24 | $611.0M | $-1.3B |
总资产CVNASTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | — | $8.7B | ||
| Q4 25 | $13.2B | $8.4B | ||
| Q3 25 | $9.9B | — | ||
| Q2 25 | $9.4B | $8.0B | ||
| Q1 25 | $8.9B | $7.6B | ||
| Q4 24 | $8.5B | $8.0B | ||
| Q3 24 | $7.4B | $8.0B |
负债/权益比CVNASTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.43× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.20× | — | ||
| Q3 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 | $430.0M | $2.4B |
| 自由现金流经营现金流 - 资本支出 | $379.0M | $953.0M |
| 自由现金流率自由现金流/营收 | 6.8% | 30.6% |
| 资本支出强度资本支出/营收 | 0.9% | — |
| 现金转化率经营现金流/净利润 | 0.50× | 3.17× |
| 过去12个月自由现金流最近4个季度 | $889.0M | — |
8季度趋势，按日历期对齐
经营现金流CVNASTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $430.0M | $532.0M | ||
| Q3 25 | $345.0M | — | ||
| Q2 25 | $29.0M | $508.0M | ||
| Q1 25 | $232.0M | $259.0M | ||
| Q4 24 | $60.0M | $221.0M | ||
| Q3 24 | $403.0M | $95.0M |
自由现金流CVNASTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $379.0M | $427.0M | ||
| Q3 25 | $307.0M | — | ||
| Q2 25 | $-2.0M | $425.0M | ||
| Q1 25 | $205.0M | $216.0M | ||
| Q4 24 | $36.0M | $150.0M | ||
| Q3 24 | $376.0M | $27.0M |
自由现金流率CVNASTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 16.2% | ||
| Q3 25 | 5.4% | — | ||
| Q2 25 | -0.0% | 17.4% | ||
| Q1 25 | 4.8% | 10.0% | ||
| Q4 24 | 1.0% | 6.5% | ||
| Q3 24 | 10.3% | 1.2% |
资本支出强度CVNASTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.9% | 4.0% | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.6% | 3.4% | ||
| Q1 25 | 0.6% | 2.0% | ||
| Q4 24 | 0.7% | 3.1% | ||
| Q3 24 | 0.7% | 3.1% |
现金转化率CVNASTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.50× | 0.97× | ||
| Q3 25 | 2.28× | — | ||
| Q2 25 | 0.16× | 1.04× | ||
| Q1 25 | 1.07× | 0.76× | ||
| Q4 24 | 0.76× | 0.66× | ||
| Q3 24 | 4.74× | 0.31× |
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
CVNA
| Used Vehicle Sales | $4.2B | 74% |
| Wholesale Sales And Revenues | $988.0M | 18% |
| Other | $459.0M | 8% |
STX
暂无分部数据
