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DoorDash（DASH）与艾默生（EMR）财务数据对比。点击上方公司名可切换其他公司
艾默生的季度营收约是DoorDash的1.1倍（$4.3B vs $4.0B），艾默生净利率更高（13.9% vs 5.4%，领先8.5%），DoorDash同比增速更快（37.7% vs 4.1%），艾默生自由现金流更多（$602.0M vs $367.0M），过去两年DoorDash的营收复合增速更高（25.5% vs -0.3%）
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。
艾默生是总部位于美国密苏里州圣路易斯的世界500强跨国企业，业务涵盖工业自动化设备、暖通控制系统、精密测量仪器的研发制造，同时面向工业、商业、消费级市场提供工程服务及对应软件工程解决方案。
DASH vs EMR — 直观对比
营收规模更大
EMR
是对方的1.1倍
$4.0B
营收增速更快
DASH
高出33.6%
4.1%
净利率更高
EMR
高出8.5%
5.4%
自由现金流更多
EMR
多$235.0M
$367.0M
两年增速更快
DASH
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.3B |
| 净利润 | $213.0M | $605.0M |
| 毛利率 | — | 53.2% |
| 营业利润率 | 3.7% | 17.8% |
| 净利率 | 5.4% | 13.9% |
| 营收同比 | 37.7% | 4.1% |
| 净利润同比 | 51.1% | 3.4% |
| 每股收益（稀释后） | $0.49 | $1.07 |
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DASHEMR
| Q4 25 | $4.0B | $4.3B | ||
| Q3 25 | $3.4B | $4.9B | ||
| Q2 25 | $3.3B | $4.6B | ||
| Q1 25 | $3.0B | $4.4B | ||
| Q4 24 | $2.9B | $4.2B | ||
| Q3 24 | $2.7B | $4.6B | ||
| Q2 24 | $2.6B | $4.4B | ||
| Q1 24 | $2.5B | $4.4B |
净利润DASHEMR
| Q4 25 | $213.0M | $605.0M | ||
| Q3 25 | $244.0M | $637.0M | ||
| Q2 25 | $285.0M | $586.0M | ||
| Q1 25 | $193.0M | $485.0M | ||
| Q4 24 | $141.0M | $585.0M | ||
| Q3 24 | $162.0M | $996.0M | ||
| Q2 24 | $-157.0M | $329.0M | ||
| Q1 24 | $-23.0M | $501.0M |
毛利率DASHEMR
| Q4 25 | — | 53.2% | ||
| Q3 25 | — | 51.9% | ||
| Q2 25 | — | 52.6% | ||
| Q1 25 | — | 53.5% | ||
| Q4 24 | — | 53.5% | ||
| Q3 24 | — | 51.3% | ||
| Q2 24 | — | 52.8% | ||
| Q1 24 | — | 52.2% |
营业利润率DASHEMR
| Q4 25 | 3.7% | 17.8% | ||
| Q3 25 | 7.5% | 16.4% | ||
| Q2 25 | 5.0% | 16.1% | ||
| Q1 25 | 5.1% | 14.2% | ||
| Q4 24 | 4.1% | 18.6% | ||
| Q3 24 | 4.0% | 14.7% | ||
| Q2 24 | -7.6% | 10.4% | ||
| Q1 24 | -2.4% | 16.2% |
净利率DASHEMR
| Q4 25 | 5.4% | 13.9% | ||
| Q3 25 | 7.1% | 13.1% | ||
| Q2 25 | 8.7% | 12.9% | ||
| Q1 25 | 6.4% | 10.9% | ||
| Q4 24 | 4.9% | 14.0% | ||
| Q3 24 | 6.0% | 21.6% | ||
| Q2 24 | -6.0% | 7.5% | ||
| Q1 24 | -0.9% | 11.4% |
每股收益（稀释后）DASHEMR
| Q4 25 | $0.49 | $1.07 | ||
| Q3 25 | $0.55 | $1.12 | ||
| Q2 25 | $0.65 | $1.04 | ||
| Q1 25 | $0.44 | $0.86 | ||
| Q4 24 | $0.35 | $1.02 | ||
| Q3 24 | $0.38 | $1.74 | ||
| Q2 24 | $-0.38 | $0.57 | ||
| Q1 24 | $-0.06 | $0.87 |
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 | — |
| 总债务越低越好 | — | $7.6B |
| 股东权益账面价值 | $10.0B | $20.3B |
| 总资产 | $19.7B | $41.9B |
| 负债/权益比越低杠杆越低 | — | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资DASHEMR
| Q4 25 | $4.4B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.1B | — |
总债务DASHEMR
| Q4 25 | — | $7.6B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.3B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | $7.7B | ||
| Q2 24 | — | $7.1B | ||
| Q1 24 | — | $7.6B |
股东权益DASHEMR
| Q4 25 | $10.0B | $20.3B | ||
| Q3 25 | $9.5B | $20.3B | ||
| Q2 25 | $8.9B | $19.9B | ||
| Q1 25 | $8.4B | $19.2B | ||
| Q4 24 | $7.8B | $20.5B | ||
| Q3 24 | $7.6B | $21.6B | ||
| Q2 24 | $7.2B | $20.8B | ||
| Q1 24 | $7.0B | $20.9B |
总资产DASHEMR
| Q4 25 | $19.7B | $41.9B | ||
| Q3 25 | $18.0B | $42.0B | ||
| Q2 25 | $16.9B | $42.5B | ||
| Q1 25 | $13.6B | $42.0B | ||
| Q4 24 | $12.8B | $42.6B | ||
| Q3 24 | $12.3B | $44.2B | ||
| Q2 24 | $11.8B | $45.6B | ||
| Q1 24 | $11.4B | $46.4B |
负债/权益比DASHEMR
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | 0.44× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.42× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.36× | ||
| Q2 24 | — | 0.34× | ||
| Q1 24 | — | 0.36× |
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 | $699.0M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $602.0M |
| 自由现金流率自由现金流/营收 | 9.3% | 13.9% |
| 资本支出强度资本支出/营收 | 1.4% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.98× | 1.16× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $4.4B |
8季度趋势，按日历期对齐
经营现金流DASHEMR
| Q4 25 | $421.0M | $699.0M | ||
| Q3 25 | $871.0M | $3.1B | ||
| Q2 25 | $504.0M | $1.1B | ||
| Q1 25 | $635.0M | $241.0M | ||
| Q4 24 | $518.0M | $777.0M | ||
| Q3 24 | $531.0M | $3.3B | ||
| Q2 24 | $530.0M | $1.1B | ||
| Q1 24 | $553.0M | $743.0M |
自由现金流DASHEMR
| Q4 25 | $367.0M | $602.0M | ||
| Q3 25 | $808.0M | $2.7B | ||
| Q2 25 | $438.0M | $977.0M | ||
| Q1 25 | $561.0M | $154.0M | ||
| Q4 24 | $486.0M | $694.0M | ||
| Q3 24 | $499.0M | $2.9B | ||
| Q2 24 | $507.0M | $998.0M | ||
| Q1 24 | $536.0M | $661.0M |
自由现金流率DASHEMR
| Q4 25 | 9.3% | 13.9% | ||
| Q3 25 | 23.4% | 54.9% | ||
| Q2 25 | 13.3% | 21.5% | ||
| Q1 25 | 18.5% | 3.5% | ||
| Q4 24 | 16.9% | 16.6% | ||
| Q3 24 | 18.4% | 63.1% | ||
| Q2 24 | 19.3% | 22.8% | ||
| Q1 24 | 21.3% | 15.1% |
资本支出强度DASHEMR
| Q4 25 | 1.4% | 2.2% | ||
| Q3 25 | 1.8% | 8.9% | ||
| Q2 25 | 2.0% | 2.0% | ||
| Q1 25 | 2.4% | 2.0% | ||
| Q4 24 | 1.1% | 2.0% | ||
| Q3 24 | 1.2% | 9.1% | ||
| Q2 24 | 0.9% | 2.1% | ||
| Q1 24 | 0.7% | 1.9% |
现金转化率DASHEMR
| Q4 25 | 1.98× | 1.16× | ||
| Q3 25 | 3.57× | 4.86× | ||
| Q2 25 | 1.77× | 1.83× | ||
| Q1 25 | 3.29× | 0.50× | ||
| Q4 24 | 3.67× | 1.33× | ||
| Q3 24 | 3.28× | 3.35× | ||
| Q2 24 | — | 3.31× | ||
| Q1 24 | — | 1.48× |
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
DASH
暂无分部数据
EMR
| Other | $1.8B | 41% |
| Software And Systems | $1.0B | 24% |
| Intelligent Devices | $996.0M | 23% |
| Safety And Productivity | $503.0M | 12% |
