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DoorDash（DASH）与康宁（GLW）财务数据对比。点击上方公司名可切换其他公司
康宁的季度营收约是DoorDash的1.1倍（$4.2B vs $4.0B），康宁净利率更高（12.8% vs 5.4%，领先7.4%），DoorDash同比增速更快（37.7% vs 20.4%），康宁自由现金流更多（$620.0M vs $367.0M），过去两年DoorDash的营收复合增速更高（25.5% vs 19.0%）
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。
康宁是1851年成立的美国跨国科技企业，主营玻璃、陶瓷及相关材料技术，产品线涵盖先进光学产品，主要应用于工业与科研领域。20世纪曾推出多款知名消费产品，包括康宁锅、Corelle餐具、Pyrex烘焙玻璃器皿等，广受市场欢迎。
DASH vs GLW — 直观对比
营收规模更大
GLW
是对方的1.1倍
$4.0B
营收增速更快
DASH
高出17.3%
20.4%
净利率更高
GLW
高出7.4%
5.4%
自由现金流更多
GLW
多$253.0M
$367.0M
两年增速更快
DASH
近两年复合增速
19.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.2B |
| 净利润 | $213.0M | $540.0M |
| 毛利率 | — | 35.5% |
| 营业利润率 | 3.7% | 15.9% |
| 净利率 | 5.4% | 12.8% |
| 营收同比 | 37.7% | 20.4% |
| 净利润同比 | 51.1% | 74.2% |
| 每股收益（稀释后） | $0.49 | $0.61 |
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DASHGLW
| Q4 25 | $4.0B | $4.2B | ||
| Q3 25 | $3.4B | $4.1B | ||
| Q2 25 | $3.3B | $3.9B | ||
| Q1 25 | $3.0B | $3.5B | ||
| Q4 24 | $2.9B | $3.5B | ||
| Q3 24 | $2.7B | $3.4B | ||
| Q2 24 | $2.6B | $3.3B | ||
| Q1 24 | $2.5B | $3.0B |
净利润DASHGLW
| Q4 25 | $213.0M | $540.0M | ||
| Q3 25 | $244.0M | $430.0M | ||
| Q2 25 | $285.0M | $469.0M | ||
| Q1 25 | $193.0M | $157.0M | ||
| Q4 24 | $141.0M | $310.0M | ||
| Q3 24 | $162.0M | $-117.0M | ||
| Q2 24 | $-157.0M | $104.0M | ||
| Q1 24 | $-23.0M | $209.0M |
毛利率DASHGLW
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 37.1% | ||
| Q2 25 | — | 36.0% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.2% | ||
| Q3 24 | — | 33.5% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 33.4% |
营业利润率DASHGLW
| Q4 25 | 3.7% | 15.9% | ||
| Q3 25 | 7.5% | 14.4% | ||
| Q2 25 | 5.0% | 14.8% | ||
| Q1 25 | 5.1% | 12.9% | ||
| Q4 24 | 4.1% | 11.2% | ||
| Q3 24 | 4.0% | 8.9% | ||
| Q2 24 | -7.6% | 5.7% | ||
| Q1 24 | -2.4% | 8.5% |
净利率DASHGLW
| Q4 25 | 5.4% | 12.8% | ||
| Q3 25 | 7.1% | 10.5% | ||
| Q2 25 | 8.7% | 12.1% | ||
| Q1 25 | 6.4% | 4.5% | ||
| Q4 24 | 4.9% | 8.9% | ||
| Q3 24 | 6.0% | -3.5% | ||
| Q2 24 | -6.0% | 3.2% | ||
| Q1 24 | -0.9% | 7.0% |
每股收益（稀释后）DASHGLW
| Q4 25 | $0.49 | $0.61 | ||
| Q3 25 | $0.55 | $0.50 | ||
| Q2 25 | $0.65 | $0.54 | ||
| Q1 25 | $0.44 | $0.18 | ||
| Q4 24 | $0.35 | $0.36 | ||
| Q3 24 | $0.38 | $-0.14 | ||
| Q2 24 | $-0.38 | $0.12 | ||
| Q1 24 | $-0.06 | $0.24 |
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 | $1.5B |
| 总债务越低越好 | — | $7.6B |
| 股东权益账面价值 | $10.0B | $11.8B |
| 总资产 | $19.7B | $31.0B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资DASHGLW
| Q4 25 | $4.4B | $1.5B | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.0B | $1.8B | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.1B | — |
总债务DASHGLW
| Q4 25 | — | $7.6B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $6.7B | ||
| Q1 25 | — | $7.0B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | — | $7.1B | ||
| Q2 24 | — | $6.9B | ||
| Q1 24 | — | $7.0B |
股东权益DASHGLW
| Q4 25 | $10.0B | $11.8B | ||
| Q3 25 | $9.5B | $11.5B | ||
| Q2 25 | $8.9B | $11.1B | ||
| Q1 25 | $8.4B | $10.7B | ||
| Q4 24 | $7.8B | $10.7B | ||
| Q3 24 | $7.6B | $11.1B | ||
| Q2 24 | $7.2B | $10.6B | ||
| Q1 24 | $7.0B | $11.2B |
总资产DASHGLW
| Q4 25 | $19.7B | $31.0B | ||
| Q3 25 | $18.0B | $29.9B | ||
| Q2 25 | $16.9B | $28.7B | ||
| Q1 25 | $13.6B | $27.4B | ||
| Q4 24 | $12.8B | $27.7B | ||
| Q3 24 | $12.3B | $28.3B | ||
| Q2 24 | $11.8B | $27.2B | ||
| Q1 24 | $11.4B | $27.6B |
负债/权益比DASHGLW
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | — | 0.63× |
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 | $620.0M |
| 自由现金流率自由现金流/营收 | 9.3% | 14.7% |
| 资本支出强度资本支出/营收 | 1.4% | 10.2% |
| 现金转化率经营现金流/净利润 | 1.98× | 1.95× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $1.4B |
8季度趋势，按日历期对齐
经营现金流DASHGLW
| Q4 25 | $421.0M | $1.1B | ||
| Q3 25 | $871.0M | $784.0M | ||
| Q2 25 | $504.0M | $708.0M | ||
| Q1 25 | $635.0M | $151.0M | ||
| Q4 24 | $518.0M | $623.0M | ||
| Q3 24 | $531.0M | $699.0M | ||
| Q2 24 | $530.0M | $521.0M | ||
| Q1 24 | $553.0M | $96.0M |
自由现金流DASHGLW
| Q4 25 | $367.0M | $620.0M | ||
| Q3 25 | $808.0M | $450.0M | ||
| Q2 25 | $438.0M | $400.0M | ||
| Q1 25 | $561.0M | $-57.0M | ||
| Q4 24 | $486.0M | $369.0M | ||
| Q3 24 | $499.0M | $482.0M | ||
| Q2 24 | $507.0M | $279.0M | ||
| Q1 24 | $536.0M | $-156.0M |
自由现金流率DASHGLW
| Q4 25 | 9.3% | 14.7% | ||
| Q3 25 | 23.4% | 11.0% | ||
| Q2 25 | 13.3% | 10.4% | ||
| Q1 25 | 18.5% | -1.7% | ||
| Q4 24 | 16.9% | 10.5% | ||
| Q3 24 | 18.4% | 14.2% | ||
| Q2 24 | 19.3% | 8.6% | ||
| Q1 24 | 21.3% | -5.2% |
资本支出强度DASHGLW
| Q4 25 | 1.4% | 10.2% | ||
| Q3 25 | 1.8% | 8.1% | ||
| Q2 25 | 2.0% | 8.0% | ||
| Q1 25 | 2.4% | 6.0% | ||
| Q4 24 | 1.1% | 7.3% | ||
| Q3 24 | 1.2% | 6.4% | ||
| Q2 24 | 0.9% | 7.4% | ||
| Q1 24 | 0.7% | 8.5% |
现金转化率DASHGLW
| Q4 25 | 1.98× | 1.95× | ||
| Q3 25 | 3.57× | 1.82× | ||
| Q2 25 | 1.77× | 1.51× | ||
| Q1 25 | 3.29× | 0.96× | ||
| Q4 24 | 3.67× | 2.01× | ||
| Q3 24 | 3.28× | — | ||
| Q2 24 | — | 5.01× | ||
| Q1 24 | — | 0.46× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
