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DoorDash（DASH）与自由港麦克莫兰（FCX）财务数据对比。点击上方公司名可切换其他公司
自由港麦克莫兰的季度营收约是DoorDash的1.3倍（$5.3B vs $4.0B），自由港麦克莫兰净利率更高（10.7% vs 7.1%，领先3.7%），DoorDash同比增速更快（8.3% vs -10.4%），DoorDash自由现金流更多（$355.0M vs $-312.0M），过去两年DoorDash的营收复合增速更高（23.9% vs -7.9%）
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。
自由港麦克莫兰是总部位于美国亚利桑那州凤凰城的矿业企业，是全球最大的钼生产商、主要铜生产商之一，运营着坐落于印度尼西亚巴布亚省的世界最大金矿格拉斯伯格矿。
DASH vs FCX — 直观对比
营收规模更大
FCX
是对方的1.3倍
$4.0B
营收增速更快
DASH
高出18.7%
-10.4%
净利率更高
FCX
高出3.7%
7.1%
自由现金流更多
DASH
多$667.0M
$-312.0M
两年增速更快
DASH
近两年复合增速
-7.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $5.3B |
| 净利润 | $285.0M | $565.0M |
| 毛利率 | 39.8% | 12.4% |
| 营业利润率 | 3.7% | 15.4% |
| 净利率 | 7.1% | 10.7% |
| 营收同比 | 8.3% | -10.4% |
| 净利润同比 | 47.7% | -21.6% |
| 每股收益（稀释后） | $0.42 | — |
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DASHFCX
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $5.3B | ||
| Q3 25 | $3.4B | $6.8B | ||
| Q2 25 | $3.3B | $7.5B | ||
| Q1 25 | $3.0B | $5.6B | ||
| Q4 24 | $2.9B | $5.9B | ||
| Q3 24 | $2.7B | $6.7B | ||
| Q2 24 | $2.6B | $6.4B |
净利润DASHFCX
| Q1 26 | $285.0M | — | ||
| Q4 25 | $213.0M | $565.0M | ||
| Q3 25 | $244.0M | $1.2B | ||
| Q2 25 | $285.0M | $1.5B | ||
| Q1 25 | $193.0M | $793.0M | ||
| Q4 24 | $141.0M | $721.0M | ||
| Q3 24 | $162.0M | $1.2B | ||
| Q2 24 | $-157.0M | $1.3B |
毛利率DASHFCX
| Q1 26 | 39.8% | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | — | 30.0% | ||
| Q2 24 | — | 31.5% |
营业利润率DASHFCX
| Q1 26 | 3.7% | — | ||
| Q4 25 | 3.7% | 15.4% | ||
| Q3 25 | 7.5% | 28.9% | ||
| Q2 25 | 5.0% | 32.3% | ||
| Q1 25 | 5.1% | 23.4% | ||
| Q4 24 | 4.1% | 21.1% | ||
| Q3 24 | 4.0% | 29.0% | ||
| Q2 24 | -7.6% | 32.0% |
净利率DASHFCX
| Q1 26 | 7.1% | — | ||
| Q4 25 | 5.4% | 10.7% | ||
| Q3 25 | 7.1% | 18.3% | ||
| Q2 25 | 8.7% | 20.6% | ||
| Q1 25 | 6.4% | 14.2% | ||
| Q4 24 | 4.9% | 12.3% | ||
| Q3 24 | 6.0% | 18.5% | ||
| Q2 24 | -6.0% | 20.0% |
每股收益（稀释后）DASHFCX
| Q1 26 | $0.42 | — | ||
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.55 | $0.46 | ||
| Q2 25 | $0.65 | $0.53 | ||
| Q1 25 | $0.44 | $0.24 | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $0.38 | $0.36 | ||
| Q2 24 | $-0.38 | $0.42 |
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 | $5.5B | $3.8B |
| 总债务越低越好 | — | $9.4B |
| 股东权益账面价值 | $10.2B | $18.9B |
| 总资产 | $19.7B | $58.2B |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资DASHFCX
| Q1 26 | $5.5B | — | ||
| Q4 25 | $4.4B | $3.8B | ||
| Q3 25 | $3.3B | $4.3B | ||
| Q2 25 | $3.9B | $4.5B | ||
| Q1 25 | $4.5B | $4.4B | ||
| Q4 24 | $4.0B | $3.9B | ||
| Q3 24 | $3.7B | $5.0B | ||
| Q2 24 | $3.4B | $5.3B |
总债务DASHFCX
| Q1 26 | — | — | ||
| Q4 25 | — | $9.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $9.7B | ||
| Q2 24 | — | $9.4B |
股东权益DASHFCX
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.0B | $18.9B | ||
| Q3 25 | $9.5B | $18.7B | ||
| Q2 25 | $8.9B | $18.2B | ||
| Q1 25 | $8.4B | $17.7B | ||
| Q4 24 | $7.8B | $17.6B | ||
| Q3 24 | $7.6B | $17.5B | ||
| Q2 24 | $7.2B | $17.4B |
总资产DASHFCX
| Q1 26 | $19.7B | — | ||
| Q4 25 | $19.7B | $58.2B | ||
| Q3 25 | $18.0B | $56.8B | ||
| Q2 25 | $16.9B | $56.5B | ||
| Q1 25 | $13.6B | $56.0B | ||
| Q4 24 | $12.8B | $54.8B | ||
| Q3 24 | $12.3B | $55.4B | ||
| Q2 24 | $11.8B | $54.6B |
负债/权益比DASHFCX
| Q1 26 | — | — | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.55× | ||
| Q2 24 | — | 0.54× |
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 | $504.0M | $693.0M |
| 自由现金流经营现金流 - 资本支出 | $355.0M | $-312.0M |
| 自由现金流率自由现金流/营收 | 8.8% | -5.9% |
| 资本支出强度资本支出/营收 | — | 19.1% |
| 现金转化率经营现金流/净利润 | 1.77× | 1.23× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $1.1B |
8季度趋势，按日历期对齐
经营现金流DASHFCX
| Q1 26 | $504.0M | — | ||
| Q4 25 | $421.0M | $693.0M | ||
| Q3 25 | $871.0M | $1.7B | ||
| Q2 25 | $504.0M | $2.2B | ||
| Q1 25 | $635.0M | $1.1B | ||
| Q4 24 | $518.0M | $1.4B | ||
| Q3 24 | $531.0M | $1.9B | ||
| Q2 24 | $530.0M | $2.0B |
自由现金流DASHFCX
| Q1 26 | $355.0M | — | ||
| Q4 25 | $367.0M | $-312.0M | ||
| Q3 25 | $808.0M | $608.0M | ||
| Q2 25 | $438.0M | $934.0M | ||
| Q1 25 | $561.0M | $-114.0M | ||
| Q4 24 | $486.0M | $197.0M | ||
| Q3 24 | $499.0M | $673.0M | ||
| Q2 24 | $507.0M | $840.0M |
自由现金流率DASHFCX
| Q1 26 | 8.8% | — | ||
| Q4 25 | 9.3% | -5.9% | ||
| Q3 25 | 23.4% | 8.9% | ||
| Q2 25 | 13.3% | 12.4% | ||
| Q1 25 | 18.5% | -2.0% | ||
| Q4 24 | 16.9% | 3.4% | ||
| Q3 24 | 18.4% | 10.1% | ||
| Q2 24 | 19.3% | 13.1% |
资本支出强度DASHFCX
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 19.1% | ||
| Q3 25 | 1.8% | 15.5% | ||
| Q2 25 | 2.0% | 16.8% | ||
| Q1 25 | 2.4% | 21.0% | ||
| Q4 24 | 1.1% | 21.1% | ||
| Q3 24 | 1.2% | 17.9% | ||
| Q2 24 | 0.9% | 17.4% |
现金转化率DASHFCX
| Q1 26 | 1.77× | — | ||
| Q4 25 | 1.98× | 1.23× | ||
| Q3 25 | 3.57× | 1.33× | ||
| Q2 25 | 1.77× | 1.42× | ||
| Q1 25 | 3.29× | 1.33× | ||
| Q4 24 | 3.67× | 1.99× | ||
| Q3 24 | 3.28× | 1.51× | ||
| Q2 24 | — | 1.53× |
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
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
