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DoorDash（DASH）与PG&E Corporation（PCG）财务数据对比。点击上方公司名可切换其他公司
PG&E Corporation的季度营收约是DoorDash的1.7倍（$6.9B vs $4.0B），PG&E Corporation净利率更高（12.9% vs 5.4%，领先7.5%），DoorDash同比增速更快（37.7% vs 15.0%），过去两年DoorDash的营收复合增速更高（25.5% vs 7.2%）
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。
PG&E Corporation是美国由投资者持有运营的公用事业企业，总部坐落于加利福尼亚州奥克兰市凯撒中心，为加州北部三分之二区域的520万户家庭提供天然气与电力供应服务，服务范围涵盖贝克斯菲尔德、圣巴巴拉县北部，几乎延伸至俄勒冈州与内华达州的州界。
DASH vs PCG — 直观对比
营收规模更大
PCG
是对方的1.7倍
$4.0B
营收增速更快
DASH
高出22.7%
15.0%
净利率更高
PCG
高出7.5%
5.4%
两年增速更快
DASH
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $6.9B |
| 净利润 | $213.0M | $885.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 21.4% |
| 净利率 | 5.4% | 12.9% |
| 营收同比 | 37.7% | 15.0% |
| 净利润同比 | 51.1% | 39.6% |
| 每股收益（稀释后） | $0.49 | $0.39 |
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DASHPCG
| Q1 26 | — | $6.9B | ||
| Q4 25 | $4.0B | $6.8B | ||
| Q3 25 | $3.4B | $6.3B | ||
| Q2 25 | $3.3B | $5.9B | ||
| Q1 25 | $3.0B | $6.0B | ||
| Q4 24 | $2.9B | $6.6B | ||
| Q3 24 | $2.7B | $5.9B | ||
| Q2 24 | $2.6B | $6.0B |
净利润DASHPCG
| Q1 26 | — | $885.0M | ||
| Q4 25 | $213.0M | $670.0M | ||
| Q3 25 | $244.0M | $850.0M | ||
| Q2 25 | $285.0M | $549.0M | ||
| Q1 25 | $193.0M | $634.0M | ||
| Q4 24 | $141.0M | $674.0M | ||
| Q3 24 | $162.0M | $579.0M | ||
| Q2 24 | $-157.0M | $524.0M |
营业利润率DASHPCG
| Q1 26 | — | 21.4% | ||
| Q4 25 | 3.7% | 18.0% | ||
| Q3 25 | 7.5% | 19.3% | ||
| Q2 25 | 5.0% | 18.6% | ||
| Q1 25 | 5.1% | 20.4% | ||
| Q4 24 | 4.1% | 15.4% | ||
| Q3 24 | 4.0% | 17.3% | ||
| Q2 24 | -7.6% | 18.9% |
净利率DASHPCG
| Q1 26 | — | 12.9% | ||
| Q4 25 | 5.4% | 9.8% | ||
| Q3 25 | 7.1% | 13.6% | ||
| Q2 25 | 8.7% | 9.3% | ||
| Q1 25 | 6.4% | 10.6% | ||
| Q4 24 | 4.9% | 10.2% | ||
| Q3 24 | 6.0% | 9.7% | ||
| Q2 24 | -6.0% | 8.8% |
每股收益（稀释后）DASHPCG
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.49 | $0.29 | ||
| Q3 25 | $0.55 | $0.37 | ||
| Q2 25 | $0.65 | $0.24 | ||
| Q1 25 | $0.44 | $0.28 | ||
| Q4 24 | $0.35 | $0.30 | ||
| Q3 24 | $0.38 | $0.27 | ||
| Q2 24 | $-0.38 | $0.24 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.0B | — |
| 总资产 | $19.7B | — |
| 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DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $713.0M | ||
| Q3 25 | $3.3B | $404.0M | ||
| Q2 25 | $3.9B | $494.0M | ||
| Q1 25 | $4.5B | $2.0B | ||
| Q4 24 | $4.0B | $940.0M | ||
| Q3 24 | $3.7B | $895.0M | ||
| Q2 24 | $3.4B | $1.3B |
总债务DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | — | $57.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $53.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | $10.0B | $32.5B | ||
| Q3 25 | $9.5B | $32.0B | ||
| Q2 25 | $8.9B | $31.2B | ||
| Q1 25 | $8.4B | $30.7B | ||
| Q4 24 | $7.8B | $30.1B | ||
| Q3 24 | $7.6B | $26.8B | ||
| Q2 24 | $7.2B | $26.3B |
总资产DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | $19.7B | $141.6B | ||
| Q3 25 | $18.0B | $138.2B | ||
| Q2 25 | $16.9B | $136.4B | ||
| Q1 25 | $13.6B | $135.4B | ||
| Q4 24 | $12.8B | $133.7B | ||
| Q3 24 | $12.3B | $132.3B | ||
| Q2 24 | $11.8B | $130.8B |
负债/权益比DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | — | 1.76× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 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× | — |
| 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DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | $421.0M | $2.0B | ||
| Q3 25 | $871.0M | $2.9B | ||
| Q2 25 | $504.0M | $1.1B | ||
| Q1 25 | $635.0M | $2.8B | ||
| Q4 24 | $518.0M | $1.9B | ||
| Q3 24 | $531.0M | $3.1B | ||
| Q2 24 | $530.0M | $711.0M |
自由现金流DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | $367.0M | $-1.2B | ||
| Q3 25 | $808.0M | $-80.0M | ||
| Q2 25 | $438.0M | $-2.0B | ||
| Q1 25 | $561.0M | $213.0M | ||
| Q4 24 | $486.0M | $-896.0M | ||
| Q3 24 | $499.0M | $526.0M | ||
| Q2 24 | $507.0M | $-1.6B |
自由现金流率DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | 9.3% | -17.6% | ||
| Q3 25 | 23.4% | -1.3% | ||
| Q2 25 | 13.3% | -34.0% | ||
| Q1 25 | 18.5% | 3.6% | ||
| Q4 24 | 16.9% | -13.5% | ||
| Q3 24 | 18.4% | 8.9% | ||
| Q2 24 | 19.3% | -26.5% |
资本支出强度DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | 46.4% | ||
| Q3 25 | 1.8% | 46.9% | ||
| Q2 25 | 2.0% | 52.0% | ||
| Q1 25 | 2.4% | 44.0% | ||
| Q4 24 | 1.1% | 42.6% | ||
| Q3 24 | 1.2% | 43.8% | ||
| Q2 24 | 0.9% | 38.4% |
现金转化率DASHPCG
| Q1 26 | — | — | ||
| Q4 25 | 1.98× | 2.93× | ||
| Q3 25 | 3.57× | 3.35× | ||
| Q2 25 | 1.77× | 1.93× | ||
| Q1 25 | 3.29× | 4.49× | ||
| Q4 24 | 3.67× | 2.87× | ||
| Q3 24 | 3.28× | 5.41× | ||
| Q2 24 | — | 1.36× |
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
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
