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DoorDash（DASH）与仲量联行（JLL）财务数据对比。点击上方公司名可切换其他公司
仲量联行的季度营收约是DoorDash的1.9倍（$7.6B vs $4.0B），DoorDash净利率更高（5.4% vs 5.3%，领先0.1%），DoorDash同比增速更快（37.7% vs 11.7%），过去两年DoorDash的营收复合增速更高（25.5% vs 21.9%）
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。
仲量联行（JLL）是总部位于美国芝加哥的全球知名房地产服务企业，位列《财富》世界500强第188位，在80个国家设有办事处，面向机构投资者、散户投资者及高净值人群提供全球投资管理服务，同时通过JLL Technologies推出科技产品，旗下PropTech基金JLL Spark主营地产科技领域风险投资。
DASH vs JLL — 直观对比
营收规模更大
JLL
是对方的1.9倍
$4.0B
营收增速更快
DASH
高出25.9%
11.7%
净利率更高
DASH
高出0.1%
5.3%
两年增速更快
DASH
近两年复合增速
21.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $7.6B |
| 净利润 | $213.0M | $401.8M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 6.7% |
| 净利率 | 5.4% | 5.3% |
| 营收同比 | 37.7% | 11.7% |
| 净利润同比 | 51.1% | 66.6% |
| 每股收益（稀释后） | $0.49 | $8.33 |
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DASHJLL
| Q4 25 | $4.0B | $7.6B | ||
| Q3 25 | $3.4B | $6.5B | ||
| Q2 25 | $3.3B | $6.3B | ||
| Q1 25 | $3.0B | $5.7B | ||
| Q4 24 | $2.9B | $6.8B | ||
| Q3 24 | $2.7B | $5.9B | ||
| Q2 24 | $2.6B | $5.6B | ||
| Q1 24 | $2.5B | $5.1B |
净利润DASHJLL
| Q4 25 | $213.0M | $401.8M | ||
| Q3 25 | $244.0M | $222.4M | ||
| Q2 25 | $285.0M | $110.5M | ||
| Q1 25 | $193.0M | $57.5M | ||
| Q4 24 | $141.0M | $241.2M | ||
| Q3 24 | $162.0M | $155.1M | ||
| Q2 24 | $-157.0M | $84.4M | ||
| Q1 24 | $-23.0M | $66.1M |
营业利润率DASHJLL
| Q4 25 | 3.7% | 6.7% | ||
| Q3 25 | 7.5% | 4.2% | ||
| Q2 25 | 5.0% | 3.2% | ||
| Q1 25 | 5.1% | 2.1% | ||
| Q4 24 | 4.1% | 5.5% | ||
| Q3 24 | 4.0% | 3.9% | ||
| Q2 24 | -7.6% | 2.7% | ||
| Q1 24 | -2.4% | 2.2% |
净利率DASHJLL
| Q4 25 | 5.4% | 5.3% | ||
| Q3 25 | 7.1% | 3.4% | ||
| Q2 25 | 8.7% | 1.8% | ||
| Q1 25 | 6.4% | 1.0% | ||
| Q4 24 | 4.9% | 3.5% | ||
| Q3 24 | 6.0% | 2.6% | ||
| Q2 24 | -6.0% | 1.5% | ||
| Q1 24 | -0.9% | 1.3% |
每股收益（稀释后）DASHJLL
| Q4 25 | $0.49 | $8.33 | ||
| Q3 25 | $0.55 | $4.61 | ||
| Q2 25 | $0.65 | $2.32 | ||
| Q1 25 | $0.44 | $1.14 | ||
| Q4 24 | $0.35 | $4.98 | ||
| Q3 24 | $0.38 | $3.20 | ||
| Q2 24 | $-0.38 | $1.75 | ||
| Q1 24 | $-0.06 | $1.37 |
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 | $599.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.0B | $7.5B |
| 总资产 | $19.7B | $17.8B |
| 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DASHJLL
| Q4 25 | $4.4B | $599.1M | ||
| Q3 25 | $3.3B | $428.9M | ||
| Q2 25 | $3.9B | $401.4M | ||
| Q1 25 | $4.5B | $432.4M | ||
| Q4 24 | $4.0B | $416.3M | ||
| Q3 24 | $3.7B | $437.8M | ||
| Q2 24 | $3.4B | $424.4M | ||
| Q1 24 | $3.1B | $396.7M |
股东权益DASHJLL
| Q4 25 | $10.0B | $7.5B | ||
| Q3 25 | $9.5B | $7.2B | ||
| Q2 25 | $8.9B | $7.0B | ||
| Q1 25 | $8.4B | $6.8B | ||
| Q4 24 | $7.8B | $6.8B | ||
| Q3 24 | $7.6B | $6.6B | ||
| Q2 24 | $7.2B | $6.4B | ||
| Q1 24 | $7.0B | $6.3B |
总资产DASHJLL
| Q4 25 | $19.7B | $17.8B | ||
| Q3 25 | $18.0B | $17.2B | ||
| Q2 25 | $16.9B | $17.3B | ||
| Q1 25 | $13.6B | $16.6B | ||
| Q4 24 | $12.8B | $16.8B | ||
| Q3 24 | $12.3B | $17.8B | ||
| Q2 24 | $11.8B | $15.9B | ||
| Q1 24 | $11.4B | $15.5B |
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 | $1.0B |
| 自由现金流经营现金流 - 资本支出 | $367.0M | — |
| 自由现金流率自由现金流/营收 | 9.3% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | 1.98× | 2.52× |
| 过去12个月自由现金流最近4个季度 | $2.2B | — |
8季度趋势，按日历期对齐
经营现金流DASHJLL
| Q4 25 | $421.0M | $1.0B | ||
| Q3 25 | $871.0M | $617.1M | ||
| Q2 25 | $504.0M | $332.8M | ||
| Q1 25 | $635.0M | $-767.6M | ||
| Q4 24 | $518.0M | $927.3M | ||
| Q3 24 | $531.0M | $261.6M | ||
| Q2 24 | $530.0M | $273.9M | ||
| Q1 24 | $553.0M | $-677.5M |
自由现金流DASHJLL
| 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 | — | ||
| Q1 24 | $536.0M | — |
自由现金流率DASHJLL
| 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% | — | ||
| Q1 24 | 21.3% | — |
资本支出强度DASHJLL
| 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% | — | ||
| Q1 24 | 0.7% | — |
现金转化率DASHJLL
| Q4 25 | 1.98× | 2.52× | ||
| Q3 25 | 3.57× | 2.77× | ||
| Q2 25 | 1.77× | 3.01× | ||
| Q1 25 | 3.29× | -13.35× | ||
| Q4 24 | 3.67× | 3.84× | ||
| Q3 24 | 3.28× | 1.69× | ||
| Q2 24 | — | 3.25× | ||
| Q1 24 | — | -10.25× |
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
JLL
| Workplace Management | $3.8B | 50% |
| Project Management | $1.1B | 15% |
| Leasing Advisory | $1.0B | 13% |
| Leasing | $964.9M | 13% |
| Property Management | $480.2M | 6% |
| Portfolio Services And Other | $152.1M | 2% |
| Advisory Fees | $98.1M | 1% |
| Loan Servicing | $42.2M | 1% |
| Transaction Fees Other | $16.4M | 0% |
