vs
DoorDash（DASH）与ICAHN ENTERPRISES L.P.（IEP）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ICAHN ENTERPRISES L.P.的1.5倍（$4.0B vs $2.7B），DoorDash净利率更高（5.4% vs 0.0%，领先5.3%），DoorDash同比增速更快（37.7% vs 5.4%），DoorDash自由现金流更多（$367.0M vs $-496.0M），过去两年DoorDash的营收复合增速更高（25.5% vs 4.5%）
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。
伊坎企业有限合伙企业是美国上市的 Master 有限合伙企业与多元化集团，总部位于佛罗里达州阳光岛海滩的弥尔顿大厦。公司投资布局覆盖能源、汽车、食品包装、金属、房地产、家居时尚等多个领域，由知名投资人卡尔·伊坎控股，其持股比例达86%。
DASH vs IEP — 直观对比
营收规模更大
DASH
是对方的1.5倍
$2.7B
营收增速更快
DASH
高出32.3%
5.4%
净利率更高
DASH
高出5.3%
0.0%
自由现金流更多
DASH
多$863.0M
$-496.0M
两年增速更快
DASH
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $2.7B |
| 净利润 | $213.0M | $1.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 0.6% |
| 净利率 | 5.4% | 0.0% |
| 营收同比 | 37.7% | 5.4% |
| 净利润同比 | 51.1% | 101.0% |
| 每股收益（稀释后） | $0.49 | — |
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DASHIEP
| Q4 25 | $4.0B | $2.7B | ||
| Q3 25 | $3.4B | $2.7B | ||
| Q2 25 | $3.3B | $2.4B | ||
| Q1 25 | $3.0B | $1.9B | ||
| Q4 24 | $2.9B | $2.6B | ||
| Q3 24 | $2.7B | $2.8B | ||
| Q2 24 | $2.6B | $2.2B | ||
| Q1 24 | $2.5B | $2.5B |
净利润DASHIEP
| Q4 25 | $213.0M | $1.0M | ||
| Q3 25 | $244.0M | $287.0M | ||
| Q2 25 | $285.0M | $-165.0M | ||
| Q1 25 | $193.0M | $-422.0M | ||
| Q4 24 | $141.0M | $-98.0M | ||
| Q3 24 | $162.0M | $22.0M | ||
| Q2 24 | $-157.0M | $-331.0M | ||
| Q1 24 | $-23.0M | $-38.0M |
营业利润率DASHIEP
| Q4 25 | 3.7% | 0.6% | ||
| Q3 25 | 7.5% | 19.7% | ||
| Q2 25 | 5.0% | -10.4% | ||
| Q1 25 | 5.1% | -35.0% | ||
| Q4 24 | 4.1% | -5.2% | ||
| Q3 24 | 4.0% | 2.4% | ||
| Q2 24 | -7.6% | -21.9% | ||
| Q1 24 | -2.4% | -0.8% |
净利率DASHIEP
| Q4 25 | 5.4% | 0.0% | ||
| Q3 25 | 7.1% | 10.5% | ||
| Q2 25 | 8.7% | -7.0% | ||
| Q1 25 | 6.4% | -22.6% | ||
| Q4 24 | 4.9% | -3.8% | ||
| Q3 24 | 6.0% | 0.8% | ||
| Q2 24 | -6.0% | -15.0% | ||
| Q1 24 | -0.9% | -1.5% |
每股收益（稀释后）DASHIEP
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.55 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $0.44 | — | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $-0.38 | — | ||
| Q1 24 | $-0.06 | — |
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 | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.0B | — |
| 总资产 | $19.7B | $14.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DASHIEP
| Q4 25 | $4.4B | $1.4B | ||
| Q3 25 | $3.3B | $1.8B | ||
| Q2 25 | $3.9B | $1.8B | ||
| Q1 25 | $4.5B | $2.2B | ||
| Q4 24 | $4.0B | $2.6B | ||
| Q3 24 | $3.7B | $2.3B | ||
| Q2 24 | $3.4B | $2.2B | ||
| Q1 24 | $3.1B | $2.5B |
股东权益DASHIEP
| Q4 25 | $10.0B | — | ||
| Q3 25 | $9.5B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | $7.2B | — | ||
| Q1 24 | $7.0B | — |
总资产DASHIEP
| Q4 25 | $19.7B | $14.2B | ||
| Q3 25 | $18.0B | $14.8B | ||
| Q2 25 | $16.9B | $14.8B | ||
| Q1 25 | $13.6B | $15.5B | ||
| Q4 24 | $12.8B | $16.3B | ||
| Q3 24 | $12.3B | $17.4B | ||
| Q2 24 | $11.8B | $18.0B | ||
| Q1 24 | $11.4B | $20.1B |
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 | $-421.0M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $-496.0M |
| 自由现金流率自由现金流/营收 | 9.3% | -18.4% |
| 资本支出强度资本支出/营收 | 1.4% | 2.8% |
| 现金转化率经营现金流/净利润 | 1.98× | -421.00× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $-654.0M |
8季度趋势，按日历期对齐
经营现金流DASHIEP
| Q4 25 | $421.0M | $-421.0M | ||
| Q3 25 | $871.0M | $15.0M | ||
| Q2 25 | $504.0M | $275.0M | ||
| Q1 25 | $635.0M | $-182.0M | ||
| Q4 24 | $518.0M | $244.0M | ||
| Q3 24 | $531.0M | $-54.0M | ||
| Q2 24 | $530.0M | $893.0M | ||
| Q1 24 | $553.0M | $-251.0M |
自由现金流DASHIEP
| Q4 25 | $367.0M | $-496.0M | ||
| Q3 25 | $808.0M | $-67.0M | ||
| Q2 25 | $438.0M | $179.0M | ||
| Q1 25 | $561.0M | $-270.0M | ||
| Q4 24 | $486.0M | $156.0M | ||
| Q3 24 | $499.0M | $-112.0M | ||
| Q2 24 | $507.0M | $827.0M | ||
| Q1 24 | $536.0M | $-319.0M |
自由现金流率DASHIEP
| Q4 25 | 9.3% | -18.4% | ||
| Q3 25 | 23.4% | -2.5% | ||
| Q2 25 | 13.3% | 7.6% | ||
| Q1 25 | 18.5% | -14.5% | ||
| Q4 24 | 16.9% | 6.1% | ||
| Q3 24 | 18.4% | -4.0% | ||
| Q2 24 | 19.3% | 37.6% | ||
| Q1 24 | 21.3% | -12.9% |
资本支出强度DASHIEP
| Q4 25 | 1.4% | 2.8% | ||
| Q3 25 | 1.8% | 3.0% | ||
| Q2 25 | 2.0% | 4.1% | ||
| Q1 25 | 2.4% | 4.7% | ||
| Q4 24 | 1.1% | 3.4% | ||
| Q3 24 | 1.2% | 2.1% | ||
| Q2 24 | 0.9% | 3.0% | ||
| Q1 24 | 0.7% | 2.8% |
现金转化率DASHIEP
| Q4 25 | 1.98× | -421.00× | ||
| Q3 25 | 3.57× | 0.05× | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 3.29× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 3.28× | -2.45× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
IEP
| Public Utilities Inventory Petroleum Products | $1.6B | 61% |
| Other | $381.0M | 14% |
| Automotive Services | $345.0M | 13% |
| Nitrogen Fertilizer Products | $131.0M | 5% |
| Food Packaging Segment | $82.0M | 3% |
| Home Fashion Segment | $45.0M | 2% |
| Renewable Products | $32.0M | 1% |
| Pharma Segment | $23.0M | 1% |
| Holding Company | $11.0M | 0% |
