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Dover Corporation（DOV）与SHOPIFY INC.（SHOP）财务数据对比。点击上方公司名可切换其他公司
SHOPIFY INC.的季度营收约是Dover Corporation的1.7倍（$3.7B vs $2.1B），SHOPIFY INC.净利率更高（20.2% vs 13.4%，领先6.8%），SHOPIFY INC.同比增速更快（30.6% vs 12.5%），过去两年SHOPIFY INC.的营收复合增速更高（40.5% vs -1.8%）
美国工业产品综合性制造集团，1955年成立，总部位于伊利诺伊州唐纳斯格罗夫。旗下业务分为工程产品、清洁能源与加注、成像与识别、泵与工艺解决方案、气候与可持续技术五大板块，为标普500指数成分股，纽交所交易代码DOV，2024年位列财富榜单第448位。
Shopify是总部位于加拿大安大略省渥太华的跨国电商企业，运营零售POS系统及相关服务平台，全球客户超500万，2024年总交易处理额达2923亿美元，其中57%来自美国市场，服务客户包括特斯拉、路威酩轩、雀巢、百事、百威英博、红牛、凯悦等知名品牌。
DOV vs SHOP — 直观对比
营收规模更大
SHOP
是对方的1.7倍
$2.1B
营收增速更快
SHOP
高出18.1%
12.5%
净利率更高
SHOP
高出6.8%
13.4%
两年增速更快
SHOP
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $3.7B |
| 净利润 | $282.1M | $743.0M |
| 毛利率 | 39.1% | 46.1% |
| 营业利润率 | 16.5% | 17.2% |
| 净利率 | 13.4% | 20.2% |
| 营收同比 | 12.5% | 30.6% |
| 净利润同比 | 22.2% | -42.5% |
| 每股收益（稀释后） | $2.06 | $0.58 |
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DOVSHOP
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $3.7B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $2.0B | $2.7B | ||
| Q1 25 | $1.9B | $2.4B | ||
| Q4 24 | $1.5B | $2.8B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $2.2B | $2.0B |
净利润DOVSHOP
| Q1 26 | $282.1M | — | ||
| Q4 25 | $282.1M | $743.0M | ||
| Q3 25 | $302.0M | $264.0M | ||
| Q2 25 | $279.1M | $906.0M | ||
| Q1 25 | $230.8M | $-682.0M | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $347.1M | $828.0M | ||
| Q2 24 | $281.8M | $171.0M |
毛利率DOVSHOP
| Q1 26 | 39.1% | — | ||
| Q4 25 | 39.1% | 46.1% | ||
| Q3 25 | 40.1% | 48.9% | ||
| Q2 25 | 39.9% | 48.6% | ||
| Q1 25 | 40.0% | 49.5% | ||
| Q4 24 | 41.4% | 48.1% | ||
| Q3 24 | 38.5% | 51.7% | ||
| Q2 24 | 37.7% | 51.1% |
营业利润率DOVSHOP
| Q1 26 | 16.5% | — | ||
| Q4 25 | 16.5% | 17.2% | ||
| Q3 25 | 18.2% | 12.1% | ||
| Q2 25 | 17.3% | 10.9% | ||
| Q1 25 | 15.9% | 8.6% | ||
| Q4 24 | 14.0% | 16.5% | ||
| Q3 24 | 16.8% | 13.1% | ||
| Q2 24 | 17.0% | 11.8% |
净利率DOVSHOP
| Q1 26 | 13.4% | — | ||
| Q4 25 | 13.4% | 20.2% | ||
| Q3 25 | 14.5% | 9.3% | ||
| Q2 25 | 13.6% | 33.8% | ||
| Q1 25 | 12.4% | -28.9% | ||
| Q4 24 | 96.4% | 46.0% | ||
| Q3 24 | 17.5% | 38.3% | ||
| Q2 24 | 12.9% | 8.4% |
每股收益（稀释后）DOVSHOP
| Q1 26 | $2.06 | — | ||
| Q4 25 | $2.06 | $0.58 | ||
| Q3 25 | $2.19 | $0.20 | ||
| Q2 25 | $2.02 | $0.69 | ||
| Q1 25 | $1.67 | $-0.53 | ||
| Q4 24 | $10.38 | $0.99 | ||
| Q3 24 | $2.51 | $0.64 | ||
| Q2 24 | $2.04 | $0.13 |
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 | — | $5.8B |
| 总债务越低越好 | $3.3B | — |
| 股东权益账面价值 | $7.4B | $13.5B |
| 总资产 | $13.4B | $15.2B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $5.8B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务DOVSHOP
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.1B | — | ||
| Q2 25 | $3.1B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — |
股东权益DOVSHOP
| Q1 26 | $7.4B | — | ||
| Q4 25 | $7.4B | $13.5B | ||
| Q3 25 | $7.7B | $12.5B | ||
| Q2 25 | $7.4B | $12.1B | ||
| Q1 25 | $7.1B | $11.1B | ||
| Q4 24 | $7.0B | $11.6B | ||
| Q3 24 | $5.7B | $10.1B | ||
| Q2 24 | $5.4B | $9.2B |
总资产DOVSHOP
| Q1 26 | $13.4B | — | ||
| Q4 25 | $13.4B | $15.2B | ||
| Q3 25 | $13.4B | $15.0B | ||
| Q2 25 | $13.2B | $14.6B | ||
| Q1 25 | $12.6B | $13.4B | ||
| Q4 24 | $12.5B | $13.9B | ||
| Q3 24 | $11.9B | — | ||
| Q2 24 | $11.3B | — |
负债/权益比DOVSHOP
| Q1 26 | 0.45× | — | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | 0.41× | — | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | 0.42× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.55× | — |
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 | — | $725.0M |
| 自由现金流经营现金流 - 资本支出 | — | $715.0M |
| 自由现金流率自由现金流/营收 | — | 19.5% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 0.98× |
| 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DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | $543.9M | $725.0M | ||
| Q3 25 | $424.2M | $513.0M | ||
| Q2 25 | $212.3M | $428.0M | ||
| Q1 25 | $157.5M | $367.0M | ||
| Q4 24 | $439.0M | $615.0M | ||
| Q3 24 | $353.2M | $423.0M | ||
| Q2 24 | $203.7M | $340.0M |
自由现金流DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | $487.0M | $715.0M | ||
| Q3 25 | $370.1M | $507.0M | ||
| Q2 25 | $151.4M | $422.0M | ||
| Q1 25 | $109.3M | $363.0M | ||
| Q4 24 | $385.0M | $611.0M | ||
| Q3 24 | $325.0M | $421.0M | ||
| Q2 24 | $162.8M | $333.0M |
自由现金流率DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | 23.2% | 19.5% | ||
| Q3 25 | 17.8% | 17.8% | ||
| Q2 25 | 7.4% | 15.7% | ||
| Q1 25 | 5.9% | 15.4% | ||
| Q4 24 | 25.8% | 21.7% | ||
| Q3 24 | 16.4% | 19.5% | ||
| Q2 24 | 7.5% | 16.3% |
资本支出强度DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 0.3% | ||
| Q3 25 | 2.6% | 0.2% | ||
| Q2 25 | 3.0% | 0.2% | ||
| Q1 25 | 2.6% | 0.2% | ||
| Q4 24 | 3.6% | 0.1% | ||
| Q3 24 | 1.4% | 0.1% | ||
| Q2 24 | 1.9% | 0.3% |
现金转化率DOVSHOP
| Q1 26 | — | — | ||
| Q4 25 | 1.93× | 0.98× | ||
| Q3 25 | 1.40× | 1.94× | ||
| Q2 25 | 0.76× | 0.47× | ||
| Q1 25 | 0.68× | — | ||
| Q4 24 | 0.31× | 0.48× | ||
| Q3 24 | 1.02× | 0.51× | ||
| Q2 24 | 0.72× | 1.99× |
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
DOV
暂无分部数据
SHOP
| Services | $2.9B | 79% |
| Subscription And Circulation | $777.0M | 21% |
