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DoorDash（DASH）与FirstEnergy（FE）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是FirstEnergy的1.0倍（$4.0B vs $3.8B），DoorDash净利率更高（5.4% vs -1.3%，领先6.7%），DoorDash同比增速更快（37.7% vs 19.6%），DoorDash自由现金流更多（$367.0M vs $-30.0M），过去两年DoorDash的营收复合增速更高（25.5% vs 7.5%）
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。
FirstEnergy Corp是总部位于美国俄亥俄州阿克伦市的电力公用事业企业，主营电力供应、电网运营相关业务，于1997年由俄亥俄爱迪生公司与森特里奥尔能源公司合并组建，是美国中西部地区颇具影响力的公共事业服务商。
DASH vs FE — 直观对比
营收规模更大
DASH
是对方的1.0倍
$3.8B
营收增速更快
DASH
高出18.1%
19.6%
净利率更高
DASH
高出6.7%
-1.3%
自由现金流更多
DASH
多$397.0M
$-30.0M
两年增速更快
DASH
近两年复合增速
7.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.8B |
| 净利润 | $213.0M | $-49.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | -0.6% |
| 净利率 | 5.4% | -1.3% |
| 营收同比 | 37.7% | 19.6% |
| 净利润同比 | 51.1% | -118.8% |
| 每股收益（稀释后） | $0.49 | $-0.08 |
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DASHFE
| Q4 25 | $4.0B | $3.8B | ||
| Q3 25 | $3.4B | $4.1B | ||
| Q2 25 | $3.3B | $3.4B | ||
| Q1 25 | $3.0B | $3.8B | ||
| Q4 24 | $2.9B | $3.2B | ||
| Q3 24 | $2.7B | $3.7B | ||
| Q2 24 | $2.6B | $3.3B | ||
| Q1 24 | $2.5B | $3.3B |
净利润DASHFE
| Q4 25 | $213.0M | $-49.0M | ||
| Q3 25 | $244.0M | $441.0M | ||
| Q2 25 | $285.0M | $268.0M | ||
| Q1 25 | $193.0M | $360.0M | ||
| Q4 24 | $141.0M | $261.0M | ||
| Q3 24 | $162.0M | $419.0M | ||
| Q2 24 | $-157.0M | $45.0M | ||
| Q1 24 | $-23.0M | $253.0M |
营业利润率DASHFE
| Q4 25 | 3.7% | -0.6% | ||
| Q3 25 | 7.5% | 20.0% | ||
| Q2 25 | 5.0% | 19.1% | ||
| Q1 25 | 5.1% | 20.0% | ||
| Q4 24 | 4.1% | 19.3% | ||
| Q3 24 | 4.0% | 19.5% | ||
| Q2 24 | -7.6% | 12.9% | ||
| Q1 24 | -2.4% | 18.6% |
净利率DASHFE
| Q4 25 | 5.4% | -1.3% | ||
| Q3 25 | 7.1% | 10.6% | ||
| Q2 25 | 8.7% | 7.9% | ||
| Q1 25 | 6.4% | 9.6% | ||
| Q4 24 | 4.9% | 8.2% | ||
| Q3 24 | 6.0% | 11.2% | ||
| Q2 24 | -6.0% | 1.4% | ||
| Q1 24 | -0.9% | 7.7% |
每股收益（稀释后）DASHFE
| Q4 25 | $0.49 | $-0.08 | ||
| Q3 25 | $0.55 | $0.76 | ||
| Q2 25 | $0.65 | $0.46 | ||
| Q1 25 | $0.44 | $0.62 | ||
| Q4 24 | $0.35 | $0.45 | ||
| Q3 24 | $0.38 | $0.73 | ||
| Q2 24 | $-0.38 | $0.08 | ||
| Q1 24 | $-0.06 | $0.44 |
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 | $57.0M |
| 总债务越低越好 | — | $25.5B |
| 股东权益账面价值 | $10.0B | $12.5B |
| 总资产 | $19.7B | $55.9B |
| 负债/权益比越低杠杆越低 | — | 2.04× |
8季度趋势，按日历期对齐
现金及短期投资DASHFE
| Q4 25 | $4.4B | $57.0M | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $3.9B | $569.0M | ||
| Q1 25 | $4.5B | $132.0M | ||
| Q4 24 | $4.0B | $111.0M | ||
| Q3 24 | $3.7B | $439.0M | ||
| Q2 24 | $3.4B | $60.0M | ||
| Q1 24 | $3.1B | $888.0M |
总债务DASHFE
| Q4 25 | — | $25.5B | ||
| Q3 25 | — | $25.5B | ||
| Q2 25 | — | $23.7B | ||
| Q1 25 | — | $21.2B | ||
| Q4 24 | — | $22.5B | ||
| Q3 24 | — | $21.6B | ||
| Q2 24 | — | $20.8B | ||
| Q1 24 | — | $21.7B |
股东权益DASHFE
| Q4 25 | $10.0B | $12.5B | ||
| Q3 25 | $9.5B | $12.8B | ||
| Q2 25 | $8.9B | $12.9B | ||
| Q1 25 | $8.4B | $12.6B | ||
| Q4 24 | $7.8B | $12.5B | ||
| Q3 24 | $7.6B | $12.4B | ||
| Q2 24 | $7.2B | $12.5B | ||
| Q1 24 | $7.0B | $12.4B |
总资产DASHFE
| Q4 25 | $19.7B | $55.9B | ||
| Q3 25 | $18.0B | $55.9B | ||
| Q2 25 | $16.9B | $54.2B | ||
| Q1 25 | $13.6B | $52.8B | ||
| Q4 24 | $12.8B | $52.0B | ||
| Q3 24 | $12.3B | $50.8B | ||
| Q2 24 | $11.8B | $51.0B | ||
| Q1 24 | $11.4B | $51.3B |
负债/权益比DASHFE
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.67× | ||
| Q1 24 | — | 1.75× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $-30.0M |
| 自由现金流率自由现金流/营收 | 9.3% | -0.8% |
| 资本支出强度资本支出/营收 | 1.4% | 30.7% |
| 现金转化率经营现金流/净利润 | 1.98× | — |
| 过去12个月自由现金流最近4个季度 | $2.2B | $-1.0B |
8季度趋势，按日历期对齐
经营现金流DASHFE
| Q4 25 | $421.0M | $1.1B | ||
| Q3 25 | $871.0M | $845.0M | ||
| Q2 25 | $504.0M | $1.1B | ||
| Q1 25 | $635.0M | $637.0M | ||
| Q4 24 | $518.0M | $1.0B | ||
| Q3 24 | $531.0M | $775.0M | ||
| Q2 24 | $530.0M | $1.1B | ||
| Q1 24 | $553.0M | $-40.0M |
自由现金流DASHFE
| Q4 25 | $367.0M | $-30.0M | ||
| Q3 25 | $808.0M | $-471.0M | ||
| Q2 25 | $438.0M | $-136.0M | ||
| Q1 25 | $561.0M | $-368.0M | ||
| Q4 24 | $486.0M | $-250.0M | ||
| Q3 24 | $499.0M | $-229.0M | ||
| Q2 24 | $507.0M | $170.0M | ||
| Q1 24 | $536.0M | $-830.0M |
自由现金流率DASHFE
| Q4 25 | 9.3% | -0.8% | ||
| Q3 25 | 23.4% | -11.4% | ||
| Q2 25 | 13.3% | -4.0% | ||
| Q1 25 | 18.5% | -9.8% | ||
| Q4 24 | 16.9% | -7.9% | ||
| Q3 24 | 18.4% | -6.1% | ||
| Q2 24 | 19.3% | 5.2% | ||
| Q1 24 | 21.3% | -25.3% |
资本支出强度DASHFE
| Q4 25 | 1.4% | 30.7% | ||
| Q3 25 | 1.8% | 31.7% | ||
| Q2 25 | 2.0% | 36.0% | ||
| Q1 25 | 2.4% | 26.7% | ||
| Q4 24 | 1.1% | 40.7% | ||
| Q3 24 | 1.2% | 26.9% | ||
| Q2 24 | 0.9% | 28.7% | ||
| Q1 24 | 0.7% | 24.0% |
现金转化率DASHFE
| Q4 25 | 1.98× | — | ||
| Q3 25 | 3.57× | 1.92× | ||
| Q2 25 | 1.77× | 4.04× | ||
| Q1 25 | 3.29× | 1.77× | ||
| Q4 24 | 3.67× | 4.00× | ||
| Q3 24 | 3.28× | 1.85× | ||
| Q2 24 | — | 24.71× | ||
| Q1 24 | — | -0.16× |
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
FE
| Integrated Segment | $1.4B | 37% |
| Other | $1.4B | 36% |
| Stand Alone Transmission Segment | $466.0M | 12% |
| Industrial Customers | $167.0M | 4% |
| Mid Atlantic Interstate Transmission LLC | $118.0M | 3% |
| Transmission | $105.0M | 3% |
| Transmission Segment | $68.0M | 2% |
| Tr AIL | $63.0M | 2% |
| Internal Customers | $10.0M | 0% |
| Wholesale Sales | $6.0M | 0% |
