vs
DoorDash（DASH）与奥的斯（OTIS）财务数据对比。点击上方公司名可切换其他公司
DoorDash的季度营收约是奥的斯的1.1倍（$4.0B vs $3.6B），奥的斯净利率更高（9.5% vs 5.4%，领先4.1%），DoorDash同比增速更快（37.7% vs 1.0%），奥的斯自由现金流更多（$380.0M vs $367.0M），过去两年DoorDash的营收复合增速更高（25.5% vs -0.5%）
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。
奥的斯（Otis Worldwide）是总部位于美国的知名垂直交通解决方案提供商，专业从事电梯、自动扶梯、自动人行道及相关配套设备的研发、生产与销售业务，产品覆盖全球各地区的商业楼宇、公共设施、住宅等多元场景。
DASH vs OTIS — 直观对比
营收规模更大
DASH
是对方的1.1倍
$3.6B
营收增速更快
DASH
高出36.7%
1.0%
净利率更高
OTIS
高出4.1%
5.4%
自由现金流更多
OTIS
多$13.0M
$367.0M
两年增速更快
DASH
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $3.6B |
| 净利润 | $213.0M | $340.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 15.1% |
| 净利率 | 5.4% | 9.5% |
| 营收同比 | 37.7% | 1.0% |
| 净利润同比 | 51.1% | 750.0% |
| 每股收益（稀释后） | $0.49 | $0.87 |
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DASHOTIS
| Q1 26 | — | $3.6B | ||
| Q4 25 | $4.0B | $3.8B | ||
| Q3 25 | $3.4B | $3.7B | ||
| Q2 25 | $3.3B | $3.6B | ||
| Q1 25 | $3.0B | $3.4B | ||
| Q4 24 | $2.9B | $3.7B | ||
| Q3 24 | $2.7B | $3.5B | ||
| Q2 24 | $2.6B | $3.6B |
净利润DASHOTIS
| Q1 26 | — | $340.0M | ||
| Q4 25 | $213.0M | $374.0M | ||
| Q3 25 | $244.0M | $374.0M | ||
| Q2 25 | $285.0M | $393.0M | ||
| Q1 25 | $193.0M | $243.0M | ||
| Q4 24 | $141.0M | $337.0M | ||
| Q3 24 | $162.0M | $540.0M | ||
| Q2 24 | $-157.0M | $415.0M |
营业利润率DASHOTIS
| Q1 26 | — | 15.1% | ||
| Q4 25 | 3.7% | 15.5% | ||
| Q3 25 | 7.5% | 15.9% | ||
| Q2 25 | 5.0% | 15.2% | ||
| Q1 25 | 5.1% | 12.3% | ||
| Q4 24 | 4.1% | 14.4% | ||
| Q3 24 | 4.0% | 10.2% | ||
| Q2 24 | -7.6% | 15.8% |
净利率DASHOTIS
| Q1 26 | — | 9.5% | ||
| Q4 25 | 5.4% | 9.9% | ||
| Q3 25 | 7.1% | 10.1% | ||
| Q2 25 | 8.7% | 10.9% | ||
| Q1 25 | 6.4% | 7.3% | ||
| Q4 24 | 4.9% | 9.2% | ||
| Q3 24 | 6.0% | 15.2% | ||
| Q2 24 | -6.0% | 11.5% |
每股收益（稀释后）DASHOTIS
| Q1 26 | — | $0.87 | ||
| Q4 25 | $0.49 | $0.95 | ||
| Q3 25 | $0.55 | $0.95 | ||
| Q2 25 | $0.65 | $0.99 | ||
| Q1 25 | $0.44 | $0.61 | ||
| Q4 24 | $0.35 | $0.85 | ||
| Q3 24 | $0.38 | $1.34 | ||
| Q2 24 | $-0.38 | $1.02 |
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 | $834.0M |
| 总债务越低越好 | — | $6.9B |
| 股东权益账面价值 | $10.0B | — |
| 总资产 | $19.7B | $10.5B |
| 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DASHOTIS
| Q1 26 | — | $834.0M | ||
| Q4 25 | $4.4B | $1.1B | ||
| Q3 25 | $3.3B | $840.0M | ||
| Q2 25 | $3.9B | $688.0M | ||
| Q1 25 | $4.5B | $1.9B | ||
| Q4 24 | $4.0B | $2.3B | ||
| Q3 24 | $3.7B | $827.0M | ||
| Q2 24 | $3.4B | $942.0M |
总债务DASHOTIS
| Q1 26 | — | $6.9B | ||
| Q4 25 | — | $7.8B | ||
| Q3 25 | — | $7.7B | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $8.4B | ||
| Q4 24 | — | $8.3B | ||
| Q3 24 | — | $6.9B | ||
| Q2 24 | — | $6.8B |
股东权益DASHOTIS
| Q1 26 | — | — | ||
| Q4 25 | $10.0B | $-5.4B | ||
| Q3 25 | $9.5B | $-5.4B | ||
| Q2 25 | $8.9B | $-5.4B | ||
| Q1 25 | $8.4B | $-5.1B | ||
| Q4 24 | $7.8B | $-4.8B | ||
| Q3 24 | $7.6B | $-4.9B | ||
| Q2 24 | $7.2B | $-5.0B |
总资产DASHOTIS
| Q1 26 | — | $10.5B | ||
| Q4 25 | $19.7B | $10.7B | ||
| Q3 25 | $18.0B | $10.8B | ||
| Q2 25 | $16.9B | $10.5B | ||
| Q1 25 | $13.6B | $11.2B | ||
| Q4 24 | $12.8B | $11.3B | ||
| Q3 24 | $12.3B | $10.3B | ||
| Q2 24 | $11.8B | $9.9B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $380.0M |
| 自由现金流率自由现金流/营收 | 9.3% | 10.7% |
| 资本支出强度资本支出/营收 | 1.4% | 0.9% |
| 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 | $1.7B |
8季度趋势，按日历期对齐
经营现金流DASHOTIS
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $817.0M | ||
| Q3 25 | $871.0M | $374.0M | ||
| Q2 25 | $504.0M | $215.0M | ||
| Q1 25 | $635.0M | $190.0M | ||
| Q4 24 | $518.0M | $690.0M | ||
| Q3 24 | $531.0M | $394.0M | ||
| Q2 24 | $530.0M | $308.0M |
自由现金流DASHOTIS
| Q1 26 | — | $380.0M | ||
| Q4 25 | $367.0M | $772.0M | ||
| Q3 25 | $808.0M | $337.0M | ||
| Q2 25 | $438.0M | $179.0M | ||
| Q1 25 | $561.0M | $156.0M | ||
| Q4 24 | $486.0M | $651.0M | ||
| Q3 24 | $499.0M | $362.0M | ||
| Q2 24 | $507.0M | $284.0M |
自由现金流率DASHOTIS
| Q1 26 | — | 10.7% | ||
| Q4 25 | 9.3% | 20.3% | ||
| Q3 25 | 23.4% | 9.1% | ||
| Q2 25 | 13.3% | 5.0% | ||
| Q1 25 | 18.5% | 4.7% | ||
| Q4 24 | 16.9% | 17.7% | ||
| Q3 24 | 18.4% | 10.2% | ||
| Q2 24 | 19.3% | 7.9% |
资本支出强度DASHOTIS
| Q1 26 | — | 0.9% | ||
| Q4 25 | 1.4% | 1.2% | ||
| Q3 25 | 1.8% | 1.0% | ||
| Q2 25 | 2.0% | 1.0% | ||
| Q1 25 | 2.4% | 1.0% | ||
| Q4 24 | 1.1% | 1.1% | ||
| Q3 24 | 1.2% | 0.9% | ||
| Q2 24 | 0.9% | 0.7% |
现金转化率DASHOTIS
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.18× | ||
| Q3 25 | 3.57× | 1.00× | ||
| Q2 25 | 1.77× | 0.55× | ||
| Q1 25 | 3.29× | 0.78× | ||
| Q4 24 | 3.67× | 2.05× | ||
| Q3 24 | 3.28× | 0.73× | ||
| Q2 24 | — | 0.74× |
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
OTIS
| Service | $2.2B | 61% |
| New Equipment | $1.1B | 32% |
| Other | $230.0M | 6% |
