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DoorDash（DASH）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是DoorDash的1.1倍（$4.2B vs $4.0B），Raymond James Financial净利率更高（13.5% vs 5.4%，领先8.1%），DoorDash同比增速更快（37.7% vs 3.5%），DoorDash自由现金流更多（$367.0M vs $-56.0M），过去两年DoorDash的营收复合增速更高（25.5% vs 7.1%）
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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
DASH vs RJF — 直观对比
营收规模更大
RJF
是对方的1.1倍
$4.0B
营收增速更快
DASH
高出34.2%
3.5%
净利率更高
RJF
高出8.1%
5.4%
自由现金流更多
DASH
多$423.0M
$-56.0M
两年增速更快
DASH
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.2B |
| 净利润 | $213.0M | $563.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | — |
| 净利率 | 5.4% | 13.5% |
| 营收同比 | 37.7% | 3.5% |
| 净利润同比 | 51.1% | -6.2% |
| 每股收益（稀释后） | $0.49 | $2.79 |
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DASHRJF
| Q4 25 | $4.0B | $4.2B | ||
| Q3 25 | $3.4B | $4.2B | ||
| Q2 25 | $3.3B | $3.8B | ||
| Q1 25 | $3.0B | $3.8B | ||
| Q4 24 | $2.9B | $4.0B | ||
| Q3 24 | $2.7B | $4.0B | ||
| Q2 24 | $2.6B | $3.8B | ||
| Q1 24 | $2.5B | $3.6B |
净利润DASHRJF
| Q4 25 | $213.0M | $563.0M | ||
| Q3 25 | $244.0M | $604.0M | ||
| Q2 25 | $285.0M | $436.0M | ||
| Q1 25 | $193.0M | $495.0M | ||
| Q4 24 | $141.0M | $600.0M | ||
| Q3 24 | $162.0M | $602.0M | ||
| Q2 24 | $-157.0M | $492.0M | ||
| Q1 24 | $-23.0M | $476.0M |
营业利润率DASHRJF
| Q4 25 | 3.7% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 5.0% | 14.7% | ||
| Q1 25 | 5.1% | 17.5% | ||
| Q4 24 | 4.1% | 18.6% | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | -7.6% | 17.1% | ||
| Q1 24 | -2.4% | 16.7% |
净利率DASHRJF
| Q4 25 | 5.4% | 13.5% | ||
| Q3 25 | 7.1% | 14.4% | ||
| Q2 25 | 8.7% | 11.3% | ||
| Q1 25 | 6.4% | 12.9% | ||
| Q4 24 | 4.9% | 14.9% | ||
| Q3 24 | 6.0% | 15.0% | ||
| Q2 24 | -6.0% | 13.1% | ||
| Q1 24 | -0.9% | 13.1% |
每股收益（稀释后）DASHRJF
| Q4 25 | $0.49 | $2.79 | ||
| Q3 25 | $0.55 | $2.96 | ||
| Q2 25 | $0.65 | $2.12 | ||
| Q1 25 | $0.44 | $2.36 | ||
| Q4 24 | $0.35 | $2.86 | ||
| Q3 24 | $0.38 | $2.85 | ||
| Q2 24 | $-0.38 | $2.31 | ||
| Q1 24 | $-0.06 | $2.22 |
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 | $9.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $10.0B | $12.6B |
| 总资产 | $19.7B | $88.8B |
| 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DASHRJF
| Q4 25 | $4.4B | $9.9B | ||
| Q3 25 | $3.3B | $11.4B | ||
| Q2 25 | $3.9B | $9.2B | ||
| Q1 25 | $4.5B | $9.7B | ||
| Q4 24 | $4.0B | $10.0B | ||
| Q3 24 | $3.7B | $11.0B | ||
| Q2 24 | $3.4B | $9.1B | ||
| Q1 24 | $3.1B | $10.0B |
股东权益DASHRJF
| Q4 25 | $10.0B | $12.6B | ||
| Q3 25 | $9.5B | $12.5B | ||
| Q2 25 | $8.9B | $12.3B | ||
| Q1 25 | $8.4B | $12.2B | ||
| Q4 24 | $7.8B | $11.9B | ||
| Q3 24 | $7.6B | $11.7B | ||
| Q2 24 | $7.2B | $11.2B | ||
| Q1 24 | $7.0B | $11.0B |
总资产DASHRJF
| Q4 25 | $19.7B | $88.8B | ||
| Q3 25 | $18.0B | $88.2B | ||
| Q2 25 | $16.9B | $84.8B | ||
| Q1 25 | $13.6B | $83.1B | ||
| Q4 24 | $12.8B | $82.3B | ||
| Q3 24 | $12.3B | $83.0B | ||
| Q2 24 | $11.8B | $80.6B | ||
| Q1 24 | $11.4B | $81.2B |
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 | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $-56.0M |
| 自由现金流率自由现金流/营收 | 9.3% | -1.3% |
| 资本支出强度资本支出/营收 | 1.4% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.98× | -0.02× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $1.4B |
8季度趋势，按日历期对齐
经营现金流DASHRJF
| Q4 25 | $421.0M | $-10.0M | ||
| Q3 25 | $871.0M | $796.0M | ||
| Q2 25 | $504.0M | $691.0M | ||
| Q1 25 | $635.0M | $117.0M | ||
| Q4 24 | $518.0M | $830.0M | ||
| Q3 24 | $531.0M | $510.0M | ||
| Q2 24 | $530.0M | $711.0M | ||
| Q1 24 | $553.0M | $391.0M |
自由现金流DASHRJF
| Q4 25 | $367.0M | $-56.0M | ||
| Q3 25 | $808.0M | $752.0M | ||
| Q2 25 | $438.0M | $634.0M | ||
| Q1 25 | $561.0M | $71.0M | ||
| Q4 24 | $486.0M | $789.0M | ||
| Q3 24 | $499.0M | $460.0M | ||
| Q2 24 | $507.0M | $655.0M | ||
| Q1 24 | $536.0M | $342.0M |
自由现金流率DASHRJF
| Q4 25 | 9.3% | -1.3% | ||
| Q3 25 | 23.4% | 17.9% | ||
| Q2 25 | 13.3% | 16.5% | ||
| Q1 25 | 18.5% | 1.8% | ||
| Q4 24 | 16.9% | 19.6% | ||
| Q3 24 | 18.4% | 11.5% | ||
| Q2 24 | 19.3% | 17.4% | ||
| Q1 24 | 21.3% | 9.4% |
资本支出强度DASHRJF
| Q4 25 | 1.4% | 1.1% | ||
| Q3 25 | 1.8% | 1.1% | ||
| Q2 25 | 2.0% | 1.5% | ||
| Q1 25 | 2.4% | 1.2% | ||
| Q4 24 | 1.1% | 1.0% | ||
| Q3 24 | 1.2% | 1.2% | ||
| Q2 24 | 0.9% | 1.5% | ||
| Q1 24 | 0.7% | 1.3% |
现金转化率DASHRJF
| Q4 25 | 1.98× | -0.02× | ||
| Q3 25 | 3.57× | 1.32× | ||
| Q2 25 | 1.77× | 1.58× | ||
| Q1 25 | 3.29× | 0.24× | ||
| Q4 24 | 3.67× | 1.38× | ||
| Q3 24 | 3.28× | 0.85× | ||
| Q2 24 | — | 1.45× | ||
| Q1 24 | — | 0.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
