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DoorDash（DASH）与德事隆（TXT）财务数据对比。点击上方公司名可切换其他公司
德事隆的季度营收约是DoorDash的1.1倍（$4.2B vs $4.0B），德事隆净利率更高（5.6% vs 5.4%，领先0.2%），DoorDash同比增速更快（37.7% vs 15.6%），德事隆自由现金流更多（$527.0M vs $367.0M），过去两年DoorDash的营收复合增速更高（25.5% vs 15.4%）
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。
德事隆是总部位于美国罗德岛州普罗维登斯的工业集团，1923年由罗亚尔·利特尔创立，前身为特种纱线公司。旗下拥有贝尔德事隆、考泰斯、德事隆航空、莱康明发动机等子公司，业务覆盖25个国家，2020年员工总数超3.3万人，2021年位列美国财富500强第265位。
DASH vs TXT — 直观对比
营收规模更大
TXT
是对方的1.1倍
$4.0B
营收增速更快
DASH
高出22.1%
15.6%
净利率更高
TXT
高出0.2%
5.4%
自由现金流更多
TXT
多$160.0M
$367.0M
两年增速更快
DASH
近两年复合增速
15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.0B | $4.2B |
| 净利润 | $213.0M | $235.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | — |
| 净利率 | 5.4% | 5.6% |
| 营收同比 | 37.7% | 15.6% |
| 净利润同比 | 51.1% | 66.7% |
| 每股收益（稀释后） | $0.49 | — |
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DASHTXT
| Q4 25 | $4.0B | $4.2B | ||
| Q3 25 | $3.4B | $3.6B | ||
| Q2 25 | $3.3B | $3.7B | ||
| Q1 25 | $3.0B | $3.3B | ||
| Q4 24 | $2.9B | $3.6B | ||
| Q3 24 | $2.7B | $3.4B | ||
| Q2 24 | $2.6B | $3.5B | ||
| Q1 24 | $2.5B | $3.1B |
净利润DASHTXT
| Q4 25 | $213.0M | $235.0M | ||
| Q3 25 | $244.0M | $234.0M | ||
| Q2 25 | $285.0M | $245.0M | ||
| Q1 25 | $193.0M | $207.0M | ||
| Q4 24 | $141.0M | $141.0M | ||
| Q3 24 | $162.0M | $223.0M | ||
| Q2 24 | $-157.0M | $259.0M | ||
| Q1 24 | $-23.0M | $201.0M |
营业利润率DASHTXT
| Q4 25 | 3.7% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | 4.1% | 3.6% | ||
| Q3 24 | 4.0% | 7.4% | ||
| Q2 24 | -7.6% | 9.2% | ||
| Q1 24 | -2.4% | 7.6% |
净利率DASHTXT
| Q4 25 | 5.4% | 5.6% | ||
| Q3 25 | 7.1% | 6.5% | ||
| Q2 25 | 8.7% | 6.6% | ||
| Q1 25 | 6.4% | 6.3% | ||
| Q4 24 | 4.9% | 3.9% | ||
| Q3 24 | 6.0% | 6.5% | ||
| Q2 24 | -6.0% | 7.3% | ||
| Q1 24 | -0.9% | 6.4% |
每股收益（稀释后）DASHTXT
| Q4 25 | $0.49 | — | ||
| Q3 25 | $0.55 | — | ||
| Q2 25 | $0.65 | — | ||
| Q1 25 | $0.44 | $1.13 | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $-0.38 | — | ||
| Q1 24 | $-0.06 | $1.03 |
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DASHTXT
| Q4 25 | $4.4B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.9B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.4B | — | ||
| Q1 24 | $3.1B | — |
股东权益DASHTXT
| Q4 25 | $10.0B | — | ||
| Q3 25 | $9.5B | $7.5B | ||
| Q2 25 | $8.9B | $7.4B | ||
| Q1 25 | $8.4B | $7.3B | ||
| Q4 24 | $7.8B | $7.2B | ||
| Q3 24 | $7.6B | $7.0B | ||
| Q2 24 | $7.2B | $6.9B | ||
| Q1 24 | $7.0B | $6.9B |
总资产DASHTXT
| Q4 25 | $19.7B | — | ||
| Q3 25 | $18.0B | $17.4B | ||
| Q2 25 | $16.9B | $17.1B | ||
| Q1 25 | $13.6B | $16.9B | ||
| Q4 24 | $12.8B | $16.8B | ||
| Q3 24 | $12.3B | $16.5B | ||
| Q2 24 | $11.8B | $16.4B | ||
| Q1 24 | $11.4B | $16.4B |
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 | $700.0M |
| 自由现金流经营现金流 - 资本支出 | $367.0M | $527.0M |
| 自由现金流率自由现金流/营收 | 9.3% | 12.6% |
| 资本支出强度资本支出/营收 | 1.4% | 4.1% |
| 现金转化率经营现金流/净利润 | 1.98× | 2.98× |
| 过去12个月自由现金流最近4个季度 | $2.2B | $929.0M |
8季度趋势，按日历期对齐
经营现金流DASHTXT
| Q4 25 | $421.0M | $700.0M | ||
| Q3 25 | $871.0M | $349.0M | ||
| Q2 25 | $504.0M | $387.0M | ||
| Q1 25 | $635.0M | $-124.0M | ||
| Q4 24 | $518.0M | $446.0M | ||
| Q3 24 | $531.0M | $208.0M | ||
| Q2 24 | $530.0M | $367.0M | ||
| Q1 24 | $553.0M | $-7.0M |
自由现金流DASHTXT
| Q4 25 | $367.0M | $527.0M | ||
| Q3 25 | $808.0M | $273.0M | ||
| Q2 25 | $438.0M | $309.0M | ||
| Q1 25 | $561.0M | $-180.0M | ||
| Q4 24 | $486.0M | $293.0M | ||
| Q3 24 | $499.0M | $137.0M | ||
| Q2 24 | $507.0M | $293.0M | ||
| Q1 24 | $536.0M | $-73.0M |
自由现金流率DASHTXT
| Q4 25 | 9.3% | 12.6% | ||
| Q3 25 | 23.4% | 7.6% | ||
| Q2 25 | 13.3% | 8.3% | ||
| Q1 25 | 18.5% | -5.4% | ||
| Q4 24 | 16.9% | 8.1% | ||
| Q3 24 | 18.4% | 4.0% | ||
| Q2 24 | 19.3% | 8.3% | ||
| Q1 24 | 21.3% | -2.3% |
资本支出强度DASHTXT
| Q4 25 | 1.4% | 4.1% | ||
| Q3 25 | 1.8% | 2.1% | ||
| Q2 25 | 2.0% | 2.1% | ||
| Q1 25 | 2.4% | 1.7% | ||
| Q4 24 | 1.1% | 4.2% | ||
| Q3 24 | 1.2% | 2.1% | ||
| Q2 24 | 0.9% | 2.1% | ||
| Q1 24 | 0.7% | 2.1% |
现金转化率DASHTXT
| Q4 25 | 1.98× | 2.98× | ||
| Q3 25 | 3.57× | 1.49× | ||
| Q2 25 | 1.77× | 1.58× | ||
| Q1 25 | 3.29× | -0.60× | ||
| Q4 24 | 3.67× | 3.16× | ||
| Q3 24 | 3.28× | 0.93× | ||
| Q2 24 | — | 1.42× | ||
| Q1 24 | — | -0.03× |
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
TXT
| Aircraft | $1.2B | 29% |
| Military Aircraft And Support Programs | $655.0M | 16% |
| Aftermarket Parts And Services | $551.0M | 13% |
| Services | $507.0M | 12% |
| Fuel Systems And Functional Components | $480.0M | 11% |
| Textron Systems | $323.0M | 8% |
| Other | $317.0M | 8% |
| US Government | $119.0M | 3% |
| Finance | $18.0M | 0% |
| Textron E Aviation Segment | $7.0M | 0% |
