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DoorDash（DASH）与派克汉尼汾（PH）财务数据对比。点击上方公司名可切换其他公司
派克汉尼汾的季度营收约是DoorDash的1.5倍（$6.2B vs $4.0B），派克汉尼汾净利率更高（14.6% vs 7.1%，领先7.6%），派克汉尼汾同比增速更快（10.6% vs 8.3%），过去两年DoorDash的营收复合增速更高（23.9% vs 9.1%）
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。
派克汉尼汾（常简称为派克）是一家专注于运动与控制技术的美国企业，前身为派克电器公司，总部坐落于俄亥俄州大克利夫兰都市区的梅菲尔德高地，其技术及产品广泛应用于工业制造、航空航天等多个核心领域。
DASH vs PH — 直观对比
营收规模更大
PH
是对方的1.5倍
$4.0B
营收增速更快
PH
高出2.3%
8.3%
净利率更高
PH
高出7.6%
7.1%
两年增速更快
DASH
近两年复合增速
9.1%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $6.2B |
| 净利润 | $285.0M | $904.0M |
| 毛利率 | 39.8% | 43.8% |
| 营业利润率 | 3.7% | — |
| 净利率 | 7.1% | 14.6% |
| 营收同比 | 8.3% | 10.6% |
| 净利润同比 | 47.7% | -5.9% |
| 每股收益（稀释后） | $0.42 | $7.06 |
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DASHPH
| Q1 26 | $4.0B | $6.2B | ||
| Q4 25 | $4.0B | $5.2B | ||
| Q3 25 | $3.4B | $5.1B | ||
| Q2 25 | $3.3B | $5.2B | ||
| Q1 25 | $3.0B | $5.0B | ||
| Q4 24 | $2.9B | $4.7B | ||
| Q3 24 | $2.7B | $4.9B | ||
| Q2 24 | $2.6B | $5.2B |
净利润DASHPH
| Q1 26 | $285.0M | $904.0M | ||
| Q4 25 | $213.0M | — | ||
| Q3 25 | $244.0M | — | ||
| Q2 25 | $285.0M | $923.6M | ||
| Q1 25 | $193.0M | $961.2M | ||
| Q4 24 | $141.0M | $948.6M | ||
| Q3 24 | $162.0M | $698.5M | ||
| Q2 24 | $-157.0M | $785.1M |
毛利率DASHPH
| Q1 26 | 39.8% | 43.8% | ||
| Q4 25 | — | 37.3% | ||
| Q3 25 | — | 37.5% | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 36.9% | ||
| Q4 24 | — | 36.3% | ||
| Q3 24 | — | 36.8% | ||
| Q2 24 | — | 35.9% |
营业利润率DASHPH
| Q1 26 | 3.7% | — | ||
| Q4 25 | 3.7% | 22.8% | ||
| Q3 25 | 7.5% | 23.3% | ||
| Q2 25 | 5.0% | 22.7% | ||
| Q1 25 | 5.1% | 22.3% | ||
| Q4 24 | 4.1% | 20.9% | ||
| Q3 24 | 4.0% | 21.6% | ||
| Q2 24 | -7.6% | 21.1% |
净利率DASHPH
| Q1 26 | 7.1% | 14.6% | ||
| Q4 25 | 5.4% | — | ||
| Q3 25 | 7.1% | — | ||
| Q2 25 | 8.7% | 17.6% | ||
| Q1 25 | 6.4% | 19.4% | ||
| Q4 24 | 4.9% | 20.0% | ||
| Q3 24 | 6.0% | 14.2% | ||
| Q2 24 | -6.0% | 15.1% |
每股收益（稀释后）DASHPH
| Q1 26 | $0.42 | $7.06 | ||
| Q4 25 | $0.49 | $6.60 | ||
| Q3 25 | $0.55 | $6.29 | ||
| Q2 25 | $0.65 | $7.16 | ||
| Q1 25 | $0.44 | $7.37 | ||
| Q4 24 | $0.35 | $7.25 | ||
| Q3 24 | $0.38 | $5.34 | ||
| Q2 24 | $-0.38 | $6.06 |
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 | $5.5B | $476.0M |
| 总债务越低越好 | — | $6.8B |
| 股东权益账面价值 | $10.2B | $14.6B |
| 总资产 | $19.7B | $30.7B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资DASHPH
| Q1 26 | $5.5B | $476.0M | ||
| Q4 25 | $4.4B | $427.0M | ||
| Q3 25 | $3.3B | $473.0M | ||
| Q2 25 | $3.9B | $467.0M | ||
| Q1 25 | $4.5B | $408.7M | ||
| Q4 24 | $4.0B | $395.5M | ||
| Q3 24 | $3.7B | $371.1M | ||
| Q2 24 | $3.4B | $422.0M |
总债务DASHPH
| Q1 26 | — | $6.8B | ||
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.4B | ||
| Q4 24 | — | $6.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $7.2B |
股东权益DASHPH
| Q1 26 | $10.2B | $14.6B | ||
| Q4 25 | $10.0B | $14.3B | ||
| Q3 25 | $9.5B | $13.8B | ||
| Q2 25 | $8.9B | $13.7B | ||
| Q1 25 | $8.4B | $13.4B | ||
| Q4 24 | $7.8B | $13.1B | ||
| Q3 24 | $7.6B | $12.9B | ||
| Q2 24 | $7.2B | $12.1B |
总资产DASHPH
| Q1 26 | $19.7B | $30.7B | ||
| Q4 25 | $19.7B | $30.5B | ||
| Q3 25 | $18.0B | $30.7B | ||
| Q2 25 | $16.9B | $29.5B | ||
| Q1 25 | $13.6B | $28.9B | ||
| Q4 24 | $12.8B | $28.3B | ||
| Q3 24 | $12.3B | $29.6B | ||
| Q2 24 | $11.8B | $29.3B |
负债/权益比DASHPH
| Q1 26 | — | 0.46× | ||
| Q4 25 | — | 0.52× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.55× | ||
| Q1 25 | — | 0.55× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.52× | ||
| Q2 24 | — | 0.59× |
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 | $504.0M | $2.6B |
| 自由现金流经营现金流 - 资本支出 | $355.0M | — |
| 自由现金流率自由现金流/营收 | 8.8% | — |
| 资本支出强度资本支出/营收 | — | 4.6% |
| 现金转化率经营现金流/净利润 | 1.77× | 2.91× |
| 过去12个月自由现金流最近4个季度 | $2.0B | — |
8季度趋势，按日历期对齐
经营现金流DASHPH
| Q1 26 | $504.0M | $2.6B | ||
| Q4 25 | $421.0M | $862.0M | ||
| Q3 25 | $871.0M | $782.0M | ||
| Q2 25 | $504.0M | $1.5B | ||
| Q1 25 | $635.0M | $630.0M | ||
| Q4 24 | $518.0M | $934.8M | ||
| Q3 24 | $531.0M | $744.0M | ||
| Q2 24 | $530.0M | $1.2B |
自由现金流DASHPH
| Q1 26 | $355.0M | — | ||
| Q4 25 | $367.0M | $768.0M | ||
| Q3 25 | $808.0M | $693.0M | ||
| Q2 25 | $438.0M | $1.3B | ||
| Q1 25 | $561.0M | $542.4M | ||
| Q4 24 | $486.0M | $813.6M | ||
| Q3 24 | $499.0M | $648.7M | ||
| Q2 24 | $507.0M | $1.1B |
自由现金流率DASHPH
| Q1 26 | 8.8% | — | ||
| Q4 25 | 9.3% | 14.8% | ||
| Q3 25 | 23.4% | 13.6% | ||
| Q2 25 | 13.3% | 25.5% | ||
| Q1 25 | 18.5% | 10.9% | ||
| Q4 24 | 16.9% | 17.2% | ||
| Q3 24 | 18.4% | 13.2% | ||
| Q2 24 | 19.3% | 21.6% |
资本支出强度DASHPH
| Q1 26 | — | 4.6% | ||
| Q4 25 | 1.4% | 1.8% | ||
| Q3 25 | 1.8% | 1.8% | ||
| Q2 25 | 2.0% | 2.5% | ||
| Q1 25 | 2.4% | 1.8% | ||
| Q4 24 | 1.1% | 2.6% | ||
| Q3 24 | 1.2% | 1.9% | ||
| Q2 24 | 0.9% | 2.3% |
现金转化率DASHPH
| Q1 26 | 1.77× | 2.91× | ||
| Q4 25 | 1.98× | — | ||
| Q3 25 | 3.57× | — | ||
| Q2 25 | 1.77× | 1.59× | ||
| Q1 25 | 3.29× | 0.66× | ||
| Q4 24 | 3.67× | 0.99× | ||
| Q3 24 | 3.28× | 1.07× | ||
| Q2 24 | — | 1.58× |
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
PH
| Diversified Industrial | $3.7B | 60% |
| Aerospace Systems | $1.8B | 29% |
| Other | $685.0M | 11% |
