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DoorDash（DASH）与GRAPHIC PACKAGING HOLDING CO（GPK）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GRAPHIC PACKAGING HOLDING CO的1.9倍（$4.0B vs $2.1B），DoorDash净利率更高（7.1% vs 3.4%，领先3.7%），DoorDash同比增速更快（8.3% vs 0.2%），过去两年DoorDash的营收复合增速更高（23.9% vs -3.5%）
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。
Graphic Packaging Holding是总部位于美国佐治亚州亚特兰大的世界500强企业，专注于设计和生产商用产品包装解决方案，主营纸板及折叠纸盒业务，产品广泛应用于饮料、包装食品等各类热门消费品领域，在美国多州运营采用回收原料的纸板工厂。
DASH vs GPK — 直观对比
营收规模更大
DASH
是对方的1.9倍
$2.1B
营收增速更快
DASH
高出8.1%
0.2%
净利率更高
DASH
高出3.7%
3.4%
两年增速更快
DASH
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $2.1B |
| 净利润 | $285.0M | $71.0M |
| 毛利率 | 39.8% | 14.1% |
| 营业利润率 | 3.7% | 7.4% |
| 净利率 | 7.1% | 3.4% |
| 营收同比 | 8.3% | 0.2% |
| 净利润同比 | 47.7% | -48.6% |
| 每股收益（稀释后） | $0.42 | $0.24 |
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DASHGPK
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $2.1B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $3.3B | $2.2B | ||
| Q1 25 | $3.0B | $2.1B | ||
| Q4 24 | $2.9B | $2.1B | ||
| Q3 24 | $2.7B | $2.2B | ||
| Q2 24 | $2.6B | $2.2B |
净利润DASHGPK
| Q1 26 | $285.0M | — | ||
| Q4 25 | $213.0M | $71.0M | ||
| Q3 25 | $244.0M | $142.0M | ||
| Q2 25 | $285.0M | $104.0M | ||
| Q1 25 | $193.0M | $127.0M | ||
| Q4 24 | $141.0M | $138.0M | ||
| Q3 24 | $162.0M | $165.0M | ||
| Q2 24 | $-157.0M | $190.0M |
毛利率DASHGPK
| Q1 26 | 39.8% | — | ||
| Q4 25 | — | 14.1% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 18.7% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 21.2% |
营业利润率DASHGPK
| Q1 26 | 3.7% | — | ||
| Q4 25 | 3.7% | 7.4% | ||
| Q3 25 | 7.5% | 10.7% | ||
| Q2 25 | 5.0% | 8.8% | ||
| Q1 25 | 5.1% | 10.5% | ||
| Q4 24 | 4.1% | 11.4% | ||
| Q3 24 | 4.0% | 12.6% | ||
| Q2 24 | -7.6% | 14.5% |
净利率DASHGPK
| Q1 26 | 7.1% | — | ||
| Q4 25 | 5.4% | 3.4% | ||
| Q3 25 | 7.1% | 6.5% | ||
| Q2 25 | 8.7% | 4.7% | ||
| Q1 25 | 6.4% | 6.0% | ||
| Q4 24 | 4.9% | 6.6% | ||
| Q3 24 | 6.0% | 7.5% | ||
| Q2 24 | -6.0% | 8.5% |
每股收益（稀释后）DASHGPK
| Q1 26 | $0.42 | — | ||
| Q4 25 | $0.49 | $0.24 | ||
| Q3 25 | $0.55 | $0.48 | ||
| Q2 25 | $0.65 | $0.34 | ||
| Q1 25 | $0.44 | $0.42 | ||
| Q4 24 | $0.35 | $0.46 | ||
| Q3 24 | $0.38 | $0.55 | ||
| Q2 24 | $-0.38 | $0.62 |
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 | $261.0M |
| 总债务越低越好 | — | $5.0B |
| 股东权益账面价值 | $10.2B | $3.3B |
| 总资产 | $19.7B | $11.8B |
| 负债/权益比越低杠杆越低 | — | 1.51× |
8季度趋势，按日历期对齐
现金及短期投资DASHGPK
| Q1 26 | $5.5B | — | ||
| Q4 25 | $4.4B | $261.0M | ||
| Q3 25 | $3.3B | $120.0M | ||
| Q2 25 | $3.9B | $120.0M | ||
| Q1 25 | $4.5B | $129.0M | ||
| Q4 24 | $4.0B | $157.0M | ||
| Q3 24 | $3.7B | $126.0M | ||
| Q2 24 | $3.4B | $125.0M |
总债务DASHGPK
| Q1 26 | — | — | ||
| Q4 25 | — | $5.0B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.4B | ||
| Q2 24 | — | $4.9B |
股东权益DASHGPK
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.0B | $3.3B | ||
| Q3 25 | $9.5B | $3.3B | ||
| Q2 25 | $8.9B | $3.2B | ||
| Q1 25 | $8.4B | $3.2B | ||
| Q4 24 | $7.8B | $3.0B | ||
| Q3 24 | $7.6B | $3.0B | ||
| Q2 24 | $7.2B | $2.8B |
总资产DASHGPK
| Q1 26 | $19.7B | — | ||
| Q4 25 | $19.7B | $11.8B | ||
| Q3 25 | $18.0B | $11.9B | ||
| Q2 25 | $16.9B | $11.8B | ||
| Q1 25 | $13.6B | $11.5B | ||
| Q4 24 | $12.8B | $11.1B | ||
| Q3 24 | $12.3B | $11.2B | ||
| Q2 24 | $11.8B | $10.8B |
负债/权益比DASHGPK
| Q1 26 | — | — | ||
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 1.67× | ||
| Q2 25 | — | 1.68× | ||
| Q1 25 | — | 1.80× | ||
| Q4 24 | — | 1.71× | ||
| Q3 24 | — | 1.79× | ||
| Q2 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 | $504.0M | $521.0M |
| 自由现金流经营现金流 - 资本支出 | $355.0M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.77× | 7.34× |
| 过去12个月自由现金流最近4个季度 | $2.0B | — |
8季度趋势，按日历期对齐
经营现金流DASHGPK
| Q1 26 | $504.0M | — | ||
| Q4 25 | $421.0M | $521.0M | ||
| Q3 25 | $871.0M | $227.0M | ||
| Q2 25 | $504.0M | $267.0M | ||
| Q1 25 | $635.0M | $-174.0M | ||
| Q4 24 | $518.0M | $489.0M | ||
| Q3 24 | $531.0M | $187.0M | ||
| Q2 24 | $530.0M | $161.0M |
自由现金流DASHGPK
| Q1 26 | $355.0M | — | ||
| Q4 25 | $367.0M | — | ||
| Q3 25 | $808.0M | — | ||
| Q2 25 | $438.0M | — | ||
| Q1 25 | $561.0M | — | ||
| Q4 24 | $486.0M | — | ||
| Q3 24 | $499.0M | — | ||
| Q2 24 | $507.0M | — |
自由现金流率DASHGPK
| Q1 26 | 8.8% | — | ||
| Q4 25 | 9.3% | — | ||
| Q3 25 | 23.4% | — | ||
| Q2 25 | 13.3% | — | ||
| Q1 25 | 18.5% | — | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 18.4% | — | ||
| Q2 24 | 19.3% | — |
资本支出强度DASHGPK
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.9% | — |
现金转化率DASHGPK
| Q1 26 | 1.77× | — | ||
| Q4 25 | 1.98× | 7.34× | ||
| Q3 25 | 3.57× | 1.60× | ||
| Q2 25 | 1.77× | 2.57× | ||
| Q1 25 | 3.29× | -1.37× | ||
| Q4 24 | 3.67× | 3.54× | ||
| Q3 24 | 3.28× | 1.13× | ||
| Q2 24 | — | 0.85× |
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
GPK
| Americas Paperboard Packaging | $1.4B | 68% |
| Other | $667.0M | 32% |
