vs
易贝（EBAY）与Jacobs Solutions（J）财务数据对比。点击上方公司名可切换其他公司
Jacobs Solutions的季度营收约是易贝的1.1倍（$3.3B vs $3.0B），易贝净利率更高（17.8% vs 3.8%，领先14.0%），易贝同比增速更快（15.0% vs 12.3%），易贝自由现金流更多（$478.0M vs $364.9M），过去两年易贝的营收复合增速更高（7.7% vs -12.2%）
eBay是总部位于美国加利福尼亚州圣何塞的跨国电商企业，1995年9月由皮埃尔·奥米迪亚创立。其业务覆盖全球190个市场，旗下线上平台支持拍卖及“立即购买”两种销售模式，消费者可便捷选购各类商品，平台会在卖家完成交易后收取相应佣金。
Jacobs Solutions是总部位于美国得克萨斯州达拉斯市的国际技术专业服务企业，面向全球各类企业、社会组织及政府机构客户，提供工程、技术、专业及施工服务，同时开展科学研究与专项咨询业务，在所属行业长期处于领先地位。
EBAY vs J — 直观对比
营收规模更大
J
是对方的1.1倍
$3.0B
营收增速更快
EBAY
高出2.7%
12.3%
净利率更高
EBAY
高出14.0%
3.8%
自由现金流更多
EBAY
多$113.1M
$364.9M
两年增速更快
EBAY
近两年复合增速
-12.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $3.3B |
| 净利润 | $528.0M | $125.5M |
| 毛利率 | 71.4% | 23.2% |
| 营业利润率 | 20.3% | 7.1% |
| 净利率 | 17.8% | 3.8% |
| 营收同比 | 15.0% | 12.3% |
| 净利润同比 | -22.2% | 792.3% |
| 每股收益（稀释后） | $1.14 | $1.12 |
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EBAYJ
| Q4 25 | $3.0B | $3.3B | ||
| Q3 25 | $2.8B | $3.2B | ||
| Q2 25 | $2.7B | $3.0B | ||
| Q1 25 | $2.6B | $2.9B | ||
| Q4 24 | $2.6B | $2.9B | ||
| Q3 24 | $2.6B | $-1.2B | ||
| Q2 24 | $2.6B | $4.2B | ||
| Q1 24 | $2.6B | $4.3B |
净利润EBAYJ
| Q4 25 | $528.0M | $125.5M | ||
| Q3 25 | $632.0M | $122.2M | ||
| Q2 25 | $368.0M | $179.6M | ||
| Q1 25 | $503.0M | $5.6M | ||
| Q4 24 | $679.0M | $-18.1M | ||
| Q3 24 | $634.0M | $325.4M | ||
| Q2 24 | $224.0M | $146.9M | ||
| Q1 24 | $438.0M | $162.1M |
毛利率EBAYJ
| Q4 25 | 71.4% | 23.2% | ||
| Q3 25 | 70.9% | 24.3% | ||
| Q2 25 | 71.6% | 25.0% | ||
| Q1 25 | 72.0% | 25.4% | ||
| Q4 24 | 72.2% | 24.6% | ||
| Q3 24 | 71.8% | — | ||
| Q2 24 | 71.4% | 21.7% | ||
| Q1 24 | 72.6% | 21.2% |
营业利润率EBAYJ
| Q4 25 | 20.3% | 7.1% | ||
| Q3 25 | 20.4% | 6.7% | ||
| Q2 25 | 17.7% | 7.8% | ||
| Q1 25 | 23.8% | 7.2% | ||
| Q4 24 | 21.1% | 7.1% | ||
| Q3 24 | 23.1% | — | ||
| Q2 24 | 21.3% | 6.2% | ||
| Q1 24 | 24.7% | 6.6% |
净利率EBAYJ
| Q4 25 | 17.8% | 3.8% | ||
| Q3 25 | 22.4% | 3.9% | ||
| Q2 25 | 13.5% | 5.9% | ||
| Q1 25 | 19.5% | 0.2% | ||
| Q4 24 | 26.3% | -0.6% | ||
| Q3 24 | 24.6% | -28.1% | ||
| Q2 24 | 8.7% | 3.5% | ||
| Q1 24 | 17.1% | 3.8% |
每股收益（稀释后）EBAYJ
| Q4 25 | $1.14 | $1.12 | ||
| Q3 25 | $1.35 | $0.88 | ||
| Q2 25 | $0.79 | $1.55 | ||
| Q1 25 | $1.06 | $0.06 | ||
| Q4 24 | $1.35 | $-0.11 | ||
| Q3 24 | $1.29 | $2.50 | ||
| Q2 24 | $0.45 | $1.17 | ||
| Q1 24 | $0.85 | $1.28 |
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 | $1.9B | $1.6B |
| 总债务越低越好 | $6.0B | — |
| 股东权益账面价值 | $4.6B | $3.4B |
| 总资产 | $17.6B | $11.6B |
| 负债/权益比越低杠杆越低 | 1.30× | — |
8季度趋势，按日历期对齐
现金及短期投资EBAYJ
| Q4 25 | $1.9B | $1.6B | ||
| Q3 25 | $2.4B | $1.2B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $3.1B | $1.2B | ||
| Q4 24 | $2.4B | $1.3B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.1B | $1.0B |
总债务EBAYJ
| Q4 25 | $6.0B | — | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $5.0B | — | ||
| Q1 25 | $5.8B | — | ||
| Q4 24 | $5.8B | — | ||
| Q3 24 | $6.2B | — | ||
| Q2 24 | $6.2B | — | ||
| Q1 24 | $6.2B | — |
股东权益EBAYJ
| Q4 25 | $4.6B | $3.4B | ||
| Q3 25 | $4.7B | $3.6B | ||
| Q2 25 | $4.7B | $3.8B | ||
| Q1 25 | $5.0B | $3.9B | ||
| Q4 24 | $5.2B | $4.2B | ||
| Q3 24 | $5.4B | $4.5B | ||
| Q2 24 | $5.5B | $6.6B | ||
| Q1 24 | $6.3B | $6.6B |
总资产EBAYJ
| Q4 25 | $17.6B | $11.6B | ||
| Q3 25 | $17.8B | $11.3B | ||
| Q2 25 | $18.0B | $11.4B | ||
| Q1 25 | $19.0B | $11.2B | ||
| Q4 24 | $19.4B | $11.6B | ||
| Q3 24 | $19.9B | $11.8B | ||
| Q2 24 | $20.4B | $15.0B | ||
| Q1 24 | $21.4B | $14.9B |
负债/权益比EBAYJ
| Q4 25 | 1.30× | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 1.05× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.12× | — | ||
| Q3 24 | 1.14× | — | ||
| Q2 24 | 1.12× | — | ||
| Q1 24 | 0.98× | — |
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 | $595.0M | $380.8M |
| 自由现金流经营现金流 - 资本支出 | $478.0M | $364.9M |
| 自由现金流率自由现金流/营收 | 16.1% | 11.1% |
| 资本支出强度资本支出/营收 | 3.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 1.13× | 3.03× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $875.3M |
8季度趋势，按日历期对齐
经营现金流EBAYJ
| Q4 25 | $595.0M | $380.8M | ||
| Q3 25 | $934.0M | $383.1M | ||
| Q2 25 | $-307.0M | $292.6M | ||
| Q1 25 | $787.0M | $-96.4M | ||
| Q4 24 | $677.0M | $107.5M | ||
| Q3 24 | $755.0M | $196.5M | ||
| Q2 24 | $367.0M | $482.6M | ||
| Q1 24 | $615.0M | $-42.8M |
自由现金流EBAYJ
| Q4 25 | $478.0M | $364.9M | ||
| Q3 25 | $803.0M | $353.5M | ||
| Q2 25 | $-441.0M | $270.5M | ||
| Q1 25 | $644.0M | $-113.7M | ||
| Q4 24 | $560.0M | $97.1M | ||
| Q3 24 | $646.0M | $158.2M | ||
| Q2 24 | $278.0M | $444.9M | ||
| Q1 24 | $472.0M | $-70.6M |
自由现金流率EBAYJ
| Q4 25 | 16.1% | 11.1% | ||
| Q3 25 | 28.5% | 11.2% | ||
| Q2 25 | -16.2% | 8.9% | ||
| Q1 25 | 24.9% | -3.9% | ||
| Q4 24 | 21.7% | 3.3% | ||
| Q3 24 | 25.1% | -13.6% | ||
| Q2 24 | 10.8% | 10.5% | ||
| Q1 24 | 18.5% | -1.7% |
资本支出强度EBAYJ
| Q4 25 | 3.9% | 0.5% | ||
| Q3 25 | 4.6% | 0.9% | ||
| Q2 25 | 4.9% | 0.7% | ||
| Q1 25 | 5.5% | 0.6% | ||
| Q4 24 | 4.5% | 0.4% | ||
| Q3 24 | 4.2% | -3.3% | ||
| Q2 24 | 3.5% | 0.9% | ||
| Q1 24 | 5.6% | 0.7% |
现金转化率EBAYJ
| Q4 25 | 1.13× | 3.03× | ||
| Q3 25 | 1.48× | 3.13× | ||
| Q2 25 | -0.83× | 1.63× | ||
| Q1 25 | 1.56× | -17.18× | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 1.19× | 0.60× | ||
| Q2 24 | 1.64× | 3.28× | ||
| Q1 24 | 1.40× | -0.26× |
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
EBAY
| Marketplace Revenues | $2.4B | 82% |
| Advertising Revenues | $544.0M | 18% |
J
| Infrastructure Advanced Facilities | $2.9B | 89% |
| PA Consulting | $354.4M | 11% |
