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DoorDash（DASH）与DICK'S SPORTING GOODS, INC.（DKS）财务数据对比。点击上方公司名可切换其他公司
DICK'S SPORTING GOODS, INC.的季度营收约是DoorDash的1.1倍（$4.2B vs $4.0B），DoorDash净利率更高（5.4% vs 1.8%，领先3.6%），DoorDash同比增速更快（37.7% vs 36.3%），DoorDash自由现金流更多（$367.0M vs $-515.6M），过去两年DoorDash的营收复合增速更高（25.5% vs 3.7%）
DoorDash是美国头部在线订餐及配送平台，也是美国规模最大的外卖配送服务商，占据当地外卖配送市场56%的份额，便民配送品类市场占比更是高达60%。截至2020年12月31日，平台合作商户超45万家，服务消费者超2000万，注册配送员数量突破100万。
DICK'S SPORTING GOODS, INC.是1948年由理查德·“迪克”·斯塔克创立的美国体育用品连锁企业，为美国规模最大的体育用品零售商，入选《财富》美国500强，经营全品类专业运动装备、体育周边及户外休闲用品。
DASH vs DKS — 直观对比
营收规模更大
DKS
是对方的1.1倍
$4.0B
营收增速更快
DASH
高出1.3%
36.3%
净利率更高
DASH
高出3.6%
1.8%
自由现金流更多
DASH
多$882.6M
$-515.6M
两年增速更快
DASH
近两年复合增速
3.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.2B |
| 净利润 | $213.0M | $75.2M |
| 毛利率 | — | 33.1% |
| 营业利润率 | 3.7% | 2.2% |
| 净利率 | 5.4% | 1.8% |
| 营收同比 | 37.7% | 36.3% |
| 净利润同比 | 51.1% | -67.0% |
| 每股收益（稀释后） | $0.49 | $0.86 |
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DASHDKS
| Q4 25 | $4.0B | $4.2B | ||
| Q3 25 | $3.4B | $3.6B | ||
| Q2 25 | $3.3B | $3.2B | ||
| Q1 25 | $3.0B | $3.9B | ||
| Q4 24 | $2.9B | $3.1B | ||
| Q3 24 | $2.7B | $3.5B | ||
| Q2 24 | $2.6B | $3.0B | ||
| Q1 24 | $2.5B | $3.9B |
净利润DASHDKS
| Q4 25 | $213.0M | $75.2M | ||
| Q3 25 | $244.0M | $381.4M | ||
| Q2 25 | $285.0M | $264.3M | ||
| Q1 25 | $193.0M | — | ||
| Q4 24 | $141.0M | $227.8M | ||
| Q3 24 | $162.0M | $362.2M | ||
| Q2 24 | $-157.0M | $275.3M | ||
| Q1 24 | $-23.0M | — |
毛利率DASHDKS
| Q4 25 | — | 33.1% | ||
| Q3 25 | — | 37.1% | ||
| Q2 25 | — | 36.7% | ||
| Q1 25 | — | 35.0% | ||
| Q4 24 | — | 35.8% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 36.3% | ||
| Q1 24 | — | 34.4% |
营业利润率DASHDKS
| Q4 25 | 3.7% | 2.2% | ||
| Q3 25 | 7.5% | 12.4% | ||
| Q2 25 | 5.0% | 11.5% | ||
| Q1 25 | 5.1% | 9.9% | ||
| Q4 24 | 4.1% | 9.4% | ||
| Q3 24 | 4.0% | 13.5% | ||
| Q2 24 | -7.6% | 11.0% | ||
| Q1 24 | -2.4% | 9.6% |
净利率DASHDKS
| Q4 25 | 5.4% | 1.8% | ||
| Q3 25 | 7.1% | 10.5% | ||
| Q2 25 | 8.7% | 8.3% | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 4.9% | 7.5% | ||
| Q3 24 | 6.0% | 10.4% | ||
| Q2 24 | -6.0% | 9.1% | ||
| Q1 24 | -0.9% | — |
每股收益（稀释后）DASHDKS
| Q4 25 | $0.49 | $0.86 | ||
| Q3 25 | $0.55 | $4.71 | ||
| Q2 25 | $0.65 | $3.24 | ||
| Q1 25 | $0.44 | $3.63 | ||
| Q4 24 | $0.35 | $2.75 | ||
| Q3 24 | $0.38 | $4.37 | ||
| Q2 24 | $-0.38 | $3.30 | ||
| Q1 24 | $-0.06 | $3.57 |
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 | $4.4B | $821.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.0B | $5.5B |
| 总资产 | $19.7B | $17.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DASHDKS
| Q4 25 | $4.4B | $821.3M | ||
| Q3 25 | $3.3B | $1.2B | ||
| Q2 25 | $3.9B | $1.0B | ||
| Q1 25 | $4.5B | $1.7B | ||
| Q4 24 | $4.0B | $1.5B | ||
| Q3 24 | $3.7B | $1.7B | ||
| Q2 24 | $3.4B | $1.6B | ||
| Q1 24 | $3.1B | $1.8B |
股东权益DASHDKS
| Q4 25 | $10.0B | $5.5B | ||
| Q3 25 | $9.5B | $3.4B | ||
| Q2 25 | $8.9B | $3.1B | ||
| Q1 25 | $8.4B | $3.2B | ||
| Q4 24 | $7.8B | $3.1B | ||
| Q3 24 | $7.6B | $2.9B | ||
| Q2 24 | $7.2B | $2.7B | ||
| Q1 24 | $7.0B | $2.6B |
总资产DASHDKS
| Q4 25 | $19.7B | $17.4B | ||
| Q3 25 | $18.0B | $10.7B | ||
| Q2 25 | $16.9B | $10.4B | ||
| Q1 25 | $13.6B | $10.5B | ||
| Q4 24 | $12.8B | $10.5B | ||
| Q3 24 | $12.3B | $9.9B | ||
| Q2 24 | $11.8B | $9.7B | ||
| Q1 24 | $11.4B | $9.3B |
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 | $421.0M | $-248.4M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $-515.6M |
| 自由现金流率自由现金流/营收 | 9.3% | -12.4% |
| 资本支出强度资本支出/营收 | 1.4% | 6.4% |
| 现金转化率经营现金流/净利润 | 1.98× | -3.30× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $88.5M |
8季度趋势，按日历期对齐
经营现金流DASHDKS
| Q4 25 | $421.0M | $-248.4M | ||
| Q3 25 | $871.0M | $557.6M | ||
| Q2 25 | $504.0M | $178.0M | ||
| Q1 25 | $635.0M | $631.5M | ||
| Q4 24 | $518.0M | $54.2M | ||
| Q3 24 | $531.0M | $394.4M | ||
| Q2 24 | $530.0M | $231.7M | ||
| Q1 24 | $553.0M | $762.6M |
自由现金流DASHDKS
| Q4 25 | $367.0M | $-515.6M | ||
| Q3 25 | $808.0M | $296.2M | ||
| Q2 25 | $438.0M | $-86.7M | ||
| Q1 25 | $561.0M | $394.5M | ||
| Q4 24 | $486.0M | $-139.3M | ||
| Q3 24 | $499.0M | $179.8M | ||
| Q2 24 | $507.0M | $74.2M | ||
| Q1 24 | $536.0M | $584.7M |
自由现金流率DASHDKS
| Q4 25 | 9.3% | -12.4% | ||
| Q3 25 | 23.4% | 8.1% | ||
| Q2 25 | 13.3% | -2.7% | ||
| Q1 25 | 18.5% | 10.1% | ||
| Q4 24 | 16.9% | -4.6% | ||
| Q3 24 | 18.4% | 5.2% | ||
| Q2 24 | 19.3% | 2.5% | ||
| Q1 24 | 21.3% | 15.1% |
资本支出强度DASHDKS
| Q4 25 | 1.4% | 6.4% | ||
| Q3 25 | 1.8% | 7.2% | ||
| Q2 25 | 2.0% | 8.3% | ||
| Q1 25 | 2.4% | 6.1% | ||
| Q4 24 | 1.1% | 6.3% | ||
| Q3 24 | 1.2% | 6.2% | ||
| Q2 24 | 0.9% | 5.2% | ||
| Q1 24 | 0.7% | 4.6% |
现金转化率DASHDKS
| Q4 25 | 1.98× | -3.30× | ||
| Q3 25 | 3.57× | 1.46× | ||
| Q2 25 | 1.77× | 0.67× | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 3.67× | 0.24× | ||
| Q3 24 | 3.28× | 1.09× | ||
| Q2 24 | — | 0.84× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
