vs
DoorDash（DASH）与美盛公司（MOS）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是美盛公司的1.3倍（$4.0B vs $3.0B），DoorDash净利率更高（5.4% vs -17.5%，领先22.9%），DoorDash同比增速更快（37.7% vs 5.6%），DoorDash自由现金流更多（$367.0M vs $-405.7M），过去两年DoorDash的营收复合增速更高（25.5% vs 5.3%）
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。
美盛公司（The Mosaic Company）是总部位于美国佛罗里达州坦帕的化工企业，主营磷矿、钾矿开采及尿素采集，依托多元国际分销网络和旗下肥料业务板块生产销售农用肥料，是美国规模最大的钾肥、磷肥生产商。
DASH vs MOS — 直观对比
营收规模更大
DASH
是对方的1.3倍
$3.0B
营收增速更快
DASH
高出32.1%
5.6%
净利率更高
DASH
高出22.9%
-17.5%
自由现金流更多
DASH
多$772.7M
$-405.7M
两年增速更快
DASH
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.0B |
| 净利润 | $213.0M | $-519.5M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 3.7% | -3.4% |
| 净利率 | 5.4% | -17.5% |
| 营收同比 | 37.7% | 5.6% |
| 净利润同比 | 51.1% | -407.4% |
| 每股收益（稀释后） | $0.49 | $-1.63 |
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DASHMOS
| Q4 25 | $4.0B | $3.0B | ||
| Q3 25 | $3.4B | $3.5B | ||
| Q2 25 | $3.3B | $3.0B | ||
| Q1 25 | $3.0B | $2.6B | ||
| Q4 24 | $2.9B | $2.8B | ||
| Q3 24 | $2.7B | $2.8B | ||
| Q2 24 | $2.6B | $2.8B | ||
| Q1 24 | $2.5B | $2.7B |
净利润DASHMOS
| Q4 25 | $213.0M | $-519.5M | ||
| Q3 25 | $244.0M | $411.4M | ||
| Q2 25 | $285.0M | $410.7M | ||
| Q1 25 | $193.0M | $238.1M | ||
| Q4 24 | $141.0M | $169.0M | ||
| Q3 24 | $162.0M | $122.2M | ||
| Q2 24 | $-157.0M | $-161.5M | ||
| Q1 24 | $-23.0M | $45.2M |
毛利率DASHMOS
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 14.9% |
营业利润率DASHMOS
| Q4 25 | 3.7% | -3.4% | ||
| Q3 25 | 7.5% | 9.8% | ||
| Q2 25 | 5.0% | 8.1% | ||
| Q1 25 | 5.1% | 12.9% | ||
| Q4 24 | 4.1% | 3.5% | ||
| Q3 24 | 4.0% | 4.1% | ||
| Q2 24 | -7.6% | 8.3% | ||
| Q1 24 | -2.4% | 6.5% |
净利率DASHMOS
| Q4 25 | 5.4% | -17.5% | ||
| Q3 25 | 7.1% | 11.9% | ||
| Q2 25 | 8.7% | 13.7% | ||
| Q1 25 | 6.4% | 9.1% | ||
| Q4 24 | 4.9% | 6.0% | ||
| Q3 24 | 6.0% | 4.3% | ||
| Q2 24 | -6.0% | -5.7% | ||
| Q1 24 | -0.9% | 1.7% |
每股收益（稀释后）DASHMOS
| Q4 25 | $0.49 | $-1.63 | ||
| Q3 25 | $0.55 | $1.29 | ||
| Q2 25 | $0.65 | $1.29 | ||
| Q1 25 | $0.44 | $0.75 | ||
| Q4 24 | $0.35 | $0.53 | ||
| Q3 24 | $0.38 | $0.38 | ||
| Q2 24 | $-0.38 | $-0.50 | ||
| Q1 24 | $-0.06 | $0.14 |
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 | $276.6M |
| 总债务越低越好 | — | $4.3B |
| 股东权益账面价值 | $10.0B | $12.1B |
| 总资产 | $19.7B | $24.5B |
| 负债/权益比越低杠杆越低 | — | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资DASHMOS
| Q4 25 | $4.4B | $276.6M | ||
| Q3 25 | $3.3B | $153.3M | ||
| Q2 25 | $3.9B | $286.2M | ||
| Q1 25 | $4.5B | $259.2M | ||
| Q4 24 | $4.0B | $272.8M | ||
| Q3 24 | $3.7B | $301.6M | ||
| Q2 24 | $3.4B | $322.0M | ||
| Q1 24 | $3.1B | $336.7M |
总债务DASHMOS
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.2B |
股东权益DASHMOS
| Q4 25 | $10.0B | $12.1B | ||
| Q3 25 | $9.5B | $12.8B | ||
| Q2 25 | $8.9B | $12.4B | ||
| Q1 25 | $8.4B | $11.8B | ||
| Q4 24 | $7.8B | $11.5B | ||
| Q3 24 | $7.6B | $11.8B | ||
| Q2 24 | $7.2B | $11.7B | ||
| Q1 24 | $7.0B | $12.0B |
总资产DASHMOS
| Q4 25 | $19.7B | $24.5B | ||
| Q3 25 | $18.0B | $24.7B | ||
| Q2 25 | $16.9B | $24.3B | ||
| Q1 25 | $13.6B | $23.2B | ||
| Q4 24 | $12.8B | $22.9B | ||
| Q3 24 | $12.3B | $23.3B | ||
| Q2 24 | $11.8B | $22.6B | ||
| Q1 24 | $11.4B | $22.9B |
负债/权益比DASHMOS
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.28× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.27× | ||
| Q1 24 | — | 0.27× |
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 | $-56.1M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $-405.7M |
| 自由现金流率自由现金流/营收 | 9.3% | -13.6% |
| 资本支出强度资本支出/营收 | 1.4% | 11.8% |
| 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 | $-534.6M |
8季度趋势，按日历期对齐
经营现金流DASHMOS
| Q4 25 | $421.0M | $-56.1M | ||
| Q3 25 | $871.0M | $228.5M | ||
| Q2 25 | $504.0M | $609.5M | ||
| Q1 25 | $635.0M | $42.9M | ||
| Q4 24 | $518.0M | $219.3M | ||
| Q3 24 | $531.0M | $312.9M | ||
| Q2 24 | $530.0M | $847.0M | ||
| Q1 24 | $553.0M | $-80.0M |
自由现金流DASHMOS
| Q4 25 | $367.0M | $-405.7M | ||
| Q3 25 | $808.0M | $-135.9M | ||
| Q2 25 | $438.0M | $304.9M | ||
| Q1 25 | $561.0M | $-297.9M | ||
| Q4 24 | $486.0M | $-74.8M | ||
| Q3 24 | $499.0M | $72.1M | ||
| Q2 24 | $507.0M | $513.1M | ||
| Q1 24 | $536.0M | $-463.0M |
自由现金流率DASHMOS
| Q4 25 | 9.3% | -13.6% | ||
| Q3 25 | 23.4% | -3.9% | ||
| Q2 25 | 13.3% | 10.1% | ||
| Q1 25 | 18.5% | -11.4% | ||
| Q4 24 | 16.9% | -2.7% | ||
| Q3 24 | 18.4% | 2.6% | ||
| Q2 24 | 19.3% | 18.2% | ||
| Q1 24 | 21.3% | -17.3% |
资本支出强度DASHMOS
| Q4 25 | 1.4% | 11.8% | ||
| Q3 25 | 1.8% | 10.6% | ||
| Q2 25 | 2.0% | 10.1% | ||
| Q1 25 | 2.4% | 13.0% | ||
| Q4 24 | 1.1% | 10.4% | ||
| Q3 24 | 1.2% | 8.6% | ||
| Q2 24 | 0.9% | 11.9% | ||
| Q1 24 | 0.7% | 14.3% |
现金转化率DASHMOS
| Q4 25 | 1.98× | — | ||
| Q3 25 | 3.57× | 0.56× | ||
| Q2 25 | 1.77× | 1.48× | ||
| Q1 25 | 3.29× | 0.18× | ||
| Q4 24 | 3.67× | 1.30× | ||
| Q3 24 | 3.28× | 2.56× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -1.77× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
