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德纳（DAN）与DOCUSIGN, INC.（DOCU）财务数据对比。点击上方公司名可切换其他公司
德纳的季度营收约是DOCUSIGN, INC.的1.6倍（$1.3B vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs -3.9%，领先14.1%），DOCUSIGN, INC.同比增速更快（8.4% vs -44.5%），德纳自由现金流更多（$345.0M vs $262.9M）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
DAN vs DOCU — 直观对比
营收规模更大
DAN
是对方的1.6倍
$818.4M
营收增速更快
DOCU
高出52.9%
-44.5%
净利率更高
DOCU
高出14.1%
-3.9%
自由现金流更多
DAN
多$82.1M
$262.9M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $818.4M |
| 净利润 | $-50.0M | $83.7M |
| 毛利率 | 6.0% | 79.2% |
| 营业利润率 | -0.2% | 10.4% |
| 净利率 | -3.9% | 10.2% |
| 营收同比 | -44.5% | 8.4% |
| 净利润同比 | 37.5% | 34.1% |
| 每股收益（稀释后） | $-0.36 | $0.40 |
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DANDOCU
| Q4 25 | $1.3B | $818.4M | ||
| Q3 25 | $1.9B | $800.6M | ||
| Q2 25 | $1.9B | $763.7M | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
净利润DANDOCU
| Q4 25 | $-50.0M | $83.7M | ||
| Q3 25 | $83.0M | $63.0M | ||
| Q2 25 | $27.0M | $72.1M | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $-80.0M | — | ||
| Q3 24 | $4.0M | — | ||
| Q2 24 | $16.0M | — | ||
| Q1 24 | $3.0M | — |
毛利率DANDOCU
| Q4 25 | 6.0% | 79.2% | ||
| Q3 25 | 8.7% | 79.3% | ||
| Q2 25 | 7.1% | 79.4% | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 8.9% | — |
营业利润率DANDOCU
| Q4 25 | -0.2% | 10.4% | ||
| Q3 25 | 2.8% | 8.1% | ||
| Q2 25 | 0.8% | 7.9% | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | -1.5% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | 2.6% | — |
净利率DANDOCU
| Q4 25 | -3.9% | 10.2% | ||
| Q3 25 | 4.3% | 7.9% | ||
| Q2 25 | 1.4% | 9.4% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | -3.4% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 0.1% | — |
每股收益（稀释后）DANDOCU
| Q4 25 | $-0.36 | $0.40 | ||
| Q3 25 | $0.64 | $0.30 | ||
| Q2 25 | $0.19 | $0.34 | ||
| Q1 25 | $0.17 | — | ||
| Q4 24 | $-0.55 | — | ||
| Q3 24 | $0.03 | — | ||
| Q2 24 | $0.11 | — | ||
| Q1 24 | $0.02 | — |
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 | $469.0M | $583.3M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $840.0M | $2.0B |
| 总资产 | $7.8B | $4.0B |
| 负债/权益比越低杠杆越低 | 3.05× | — |
8季度趋势，按日历期对齐
现金及短期投资DANDOCU
| Q4 25 | $469.0M | $583.3M | ||
| Q3 25 | $414.0M | $600.0M | ||
| Q2 25 | $486.0M | $657.4M | ||
| Q1 25 | $507.0M | — | ||
| Q4 24 | $494.0M | — | ||
| Q3 24 | $419.0M | — | ||
| Q2 24 | $419.0M | — | ||
| Q1 24 | $351.0M | — |
总债务DANDOCU
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANDOCU
| Q4 25 | $840.0M | $2.0B | ||
| Q3 25 | $1.1B | $2.0B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
总资产DANDOCU
| Q4 25 | $7.8B | $4.0B | ||
| Q3 25 | $8.1B | $3.9B | ||
| Q2 25 | $8.1B | $3.9B | ||
| Q1 25 | $7.8B | — | ||
| Q4 24 | $7.5B | — | ||
| Q3 24 | $7.9B | — | ||
| Q2 24 | $7.8B | — | ||
| Q1 24 | $7.9B | — |
负债/权益比DANDOCU
| Q4 25 | 3.05× | — | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.79× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $290.3M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $262.9M |
| 自由现金流率自由现金流/营收 | 26.6% | 32.1% |
| 资本支出强度资本支出/营收 | 4.7% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 3.47× |
| 过去12个月自由现金流最近4个季度 | $298.0M | — |
8季度趋势，按日历期对齐
经营现金流DANDOCU
| Q4 25 | $406.0M | $290.3M | ||
| Q3 25 | $111.0M | $246.1M | ||
| Q2 25 | $32.0M | $251.4M | ||
| Q1 25 | $-37.0M | — | ||
| Q4 24 | $302.0M | — | ||
| Q3 24 | $35.0M | — | ||
| Q2 24 | $215.0M | — | ||
| Q1 24 | $-102.0M | — |
自由现金流DANDOCU
| Q4 25 | $345.0M | $262.9M | ||
| Q3 25 | $62.0M | $217.6M | ||
| Q2 25 | $3.0M | $227.8M | ||
| Q1 25 | $-112.0M | — | ||
| Q4 24 | $149.0M | — | ||
| Q3 24 | $-11.0M | — | ||
| Q2 24 | $104.0M | — | ||
| Q1 24 | $-172.0M | — |
自由现金流率DANDOCU
| Q4 25 | 26.6% | 32.1% | ||
| Q3 25 | 3.2% | 27.2% | ||
| Q2 25 | 0.2% | 29.8% | ||
| Q1 25 | -4.8% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | -0.4% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | -6.3% | — |
资本支出强度DANDOCU
| Q4 25 | 4.7% | 3.3% | ||
| Q3 25 | 2.6% | 3.6% | ||
| Q2 25 | 1.5% | 3.1% | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 4.1% | — | ||
| Q1 24 | 2.6% | — |
现金转化率DANDOCU
| Q4 25 | — | 3.47× | ||
| Q3 25 | 1.34× | 3.91× | ||
| Q2 25 | 1.19× | 3.49× | ||
| Q1 25 | -1.48× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.75× | — | ||
| Q2 24 | 13.44× | — | ||
| Q1 24 | -34.00× | — |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
