vs
德纳（DAN）与纳斯达克（NDAQ）财务数据对比。点击上方公司名可切换其他公司
纳斯达克的季度营收约是德纳的1.6倍（$2.1B vs $1.3B），纳斯达克净利率更高（24.3% vs -3.9%，领先28.1%），纳斯达克同比增速更快（2.0% vs -44.5%），过去两年纳斯达克的营收复合增速更高（9.2% vs -31.2%）
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。
纳斯达克是美国的证券交易所，市值规模在全球证券交易所中排名第二，也是全球首个完全电子化的股票市场。其总部位于纽约曼哈顿，是美国交易量领先、活跃度最高的股票交易场所之一。
DAN vs NDAQ — 直观对比
营收规模更大
NDAQ
是对方的1.6倍
$1.3B
营收增速更快
NDAQ
高出46.5%
-44.5%
净利率更高
NDAQ
高出28.1%
-3.9%
两年增速更快
NDAQ
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.1B |
| 净利润 | $-50.0M | $519.0M |
| 毛利率 | 6.0% | — |
| 营业利润率 | -0.2% | 30.7% |
| 净利率 | -3.9% | 24.3% |
| 营收同比 | -44.5% | 2.0% |
| 净利润同比 | 37.5% | 31.4% |
| 每股收益（稀释后） | $-0.36 | $0.91 |
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DANNDAQ
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $1.9B | $2.1B | ||
| Q1 25 | $2.4B | $2.1B | ||
| Q4 24 | $2.3B | $2.0B | ||
| Q3 24 | $2.5B | $1.9B | ||
| Q2 24 | $2.7B | $1.8B |
净利润DANNDAQ
| Q1 26 | — | $519.0M | ||
| Q4 25 | $-50.0M | $518.0M | ||
| Q3 25 | $83.0M | $423.0M | ||
| Q2 25 | $27.0M | $452.0M | ||
| Q1 25 | $25.0M | $395.0M | ||
| Q4 24 | $-80.0M | $355.0M | ||
| Q3 24 | $4.0M | $306.0M | ||
| Q2 24 | $16.0M | $222.0M |
毛利率DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 6.0% | 65.5% | ||
| Q3 25 | 8.7% | 67.2% | ||
| Q2 25 | 7.1% | 62.5% | ||
| Q1 25 | 9.4% | 59.2% | ||
| Q4 24 | 5.7% | 60.4% | ||
| Q3 24 | 9.9% | 60.3% | ||
| Q2 24 | 9.3% | 64.7% |
营业利润率DANNDAQ
| Q1 26 | — | 30.7% | ||
| Q4 25 | -0.2% | 29.7% | ||
| Q3 25 | 2.8% | 29.9% | ||
| Q2 25 | 0.8% | 27.2% | ||
| Q1 25 | 3.1% | 26.2% | ||
| Q4 24 | -1.5% | 25.4% | ||
| Q3 24 | 3.6% | 23.6% | ||
| Q2 24 | 3.8% | 23.6% |
净利率DANNDAQ
| Q1 26 | — | 24.3% | ||
| Q4 25 | -3.9% | 24.4% | ||
| Q3 25 | 4.3% | 21.6% | ||
| Q2 25 | 1.4% | 21.6% | ||
| Q1 25 | 1.1% | 18.9% | ||
| Q4 24 | -3.4% | 17.5% | ||
| Q3 24 | 0.2% | 16.1% | ||
| Q2 24 | 0.6% | 12.4% |
每股收益（稀释后）DANNDAQ
| Q1 26 | — | $0.91 | ||
| Q4 25 | $-0.36 | $0.90 | ||
| Q3 25 | $0.64 | $0.73 | ||
| Q2 25 | $0.19 | $0.78 | ||
| Q1 25 | $0.17 | $0.68 | ||
| Q4 24 | $-0.55 | $0.62 | ||
| Q3 24 | $0.03 | $0.53 | ||
| Q2 24 | $0.11 | $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 | $469.0M | $515.0M |
| 总债务越低越好 | $2.6B | $9.0B |
| 股东权益账面价值 | $840.0M | $12.0B |
| 总资产 | $7.8B | $27.3B |
| 负债/权益比越低杠杆越低 | 3.05× | 0.74× |
8季度趋势，按日历期对齐
现金及短期投资DANNDAQ
| Q1 26 | — | $515.0M | ||
| Q4 25 | $469.0M | $604.0M | ||
| Q3 25 | $414.0M | $470.0M | ||
| Q2 25 | $486.0M | $732.0M | ||
| Q1 25 | $507.0M | $690.0M | ||
| Q4 24 | $494.0M | $592.0M | ||
| Q3 24 | $419.0M | $266.0M | ||
| Q2 24 | $419.0M | $416.0M |
总债务DANNDAQ
| Q1 26 | — | $9.0B | ||
| Q4 25 | $2.6B | $8.6B | ||
| Q3 25 | $2.6B | $8.7B | ||
| Q2 25 | $2.6B | $8.7B | ||
| Q1 25 | $2.4B | $8.9B | ||
| Q4 24 | $2.4B | $9.1B | ||
| Q3 24 | $2.4B | $9.4B | ||
| Q2 24 | $2.4B | $9.2B |
股东权益DANNDAQ
| Q1 26 | — | $12.0B | ||
| Q4 25 | $840.0M | $12.2B | ||
| Q3 25 | $1.1B | $12.0B | ||
| Q2 25 | $1.2B | $11.8B | ||
| Q1 25 | $1.4B | $11.5B | ||
| Q4 24 | $1.3B | $11.2B | ||
| Q3 24 | $1.5B | $11.1B | ||
| Q2 24 | $1.5B | $10.9B |
总资产DANNDAQ
| Q1 26 | — | $27.3B | ||
| Q4 25 | $7.8B | $31.1B | ||
| Q3 25 | $8.1B | $30.7B | ||
| Q2 25 | $8.1B | $30.4B | ||
| Q1 25 | $7.8B | $30.6B | ||
| Q4 24 | $7.5B | $30.4B | ||
| Q3 24 | $7.9B | $30.6B | ||
| Q2 24 | $7.8B | $30.2B |
负债/权益比DANNDAQ
| Q1 26 | — | 0.74× | ||
| Q4 25 | 3.05× | 0.70× | ||
| Q3 25 | 2.35× | 0.72× | ||
| Q2 25 | 2.13× | 0.73× | ||
| Q1 25 | 1.76× | 0.77× | ||
| Q4 24 | 1.79× | 0.81× | ||
| Q3 24 | 1.65× | 0.85× | ||
| Q2 24 | 1.62× | 0.85× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $345.0M | — |
| 自由现金流率自由现金流/营收 | 26.6% | — |
| 资本支出强度资本支出/营收 | 4.7% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 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DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | $406.0M | $625.0M | ||
| Q3 25 | $111.0M | $221.0M | ||
| Q2 25 | $32.0M | $746.0M | ||
| Q1 25 | $-37.0M | $663.0M | ||
| Q4 24 | $302.0M | $705.0M | ||
| Q3 24 | $35.0M | $244.0M | ||
| Q2 24 | $215.0M | $460.0M |
自由现金流DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | $345.0M | $536.0M | ||
| Q3 25 | $62.0M | $152.0M | ||
| Q2 25 | $3.0M | $687.0M | ||
| Q1 25 | $-112.0M | $614.0M | ||
| Q4 24 | $149.0M | $645.0M | ||
| Q3 24 | $-11.0M | $188.0M | ||
| Q2 24 | $104.0M | $408.0M |
自由现金流率DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 26.6% | 25.2% | ||
| Q3 25 | 3.2% | 7.8% | ||
| Q2 25 | 0.2% | 32.9% | ||
| Q1 25 | -4.8% | 29.4% | ||
| Q4 24 | 6.4% | 31.7% | ||
| Q3 24 | -0.4% | 9.9% | ||
| Q2 24 | 3.8% | 22.8% |
资本支出强度DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | 4.7% | 4.2% | ||
| Q3 25 | 2.6% | 3.5% | ||
| Q2 25 | 1.5% | 2.8% | ||
| Q1 25 | 3.2% | 2.3% | ||
| Q4 24 | 6.6% | 3.0% | ||
| Q3 24 | 1.9% | 2.9% | ||
| Q2 24 | 4.1% | 2.9% |
现金转化率DANNDAQ
| Q1 26 | — | — | ||
| Q4 25 | — | 1.21× | ||
| Q3 25 | 1.34× | 0.52× | ||
| Q2 25 | 1.19× | 1.65× | ||
| Q1 25 | -1.48× | 1.68× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | 8.75× | 0.80× | ||
| Q2 24 | 13.44× | 2.07× |
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% |
NDAQ
| Market Services | $1.0B | 49% |
| Capital Access Platforms | $565.0M | 26% |
| Financial Technology | $517.0M | 24% |
| Other Revenues | $8.0M | 0% |
