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易贝（EBAY）与NEWELL BRANDS INC.（NWL）财务数据对比。点击上方公司名可切换其他公司
易贝的季度营收约是NEWELL BRANDS INC.的1.6倍（$3.0B vs $1.9B），易贝净利率更高（17.8% vs -16.6%，领先34.4%），易贝同比增速更快（15.0% vs -2.7%），易贝自由现金流更多（$478.0M vs $91.0M），过去两年易贝的营收复合增速更高（7.7% vs 7.1%）
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。
纽威品牌公司（Newell Brands）是美国知名消费品与商用产品集团，旗下拥有多个广受欢迎的品牌，涵盖乐柏美（Rubbermaid）收纳及废弃物处理容器、家居收纳与可重复使用容器，Contigo、Bubba运动水杯，Coleman户外用品，文具胶水、儿童用品、炊具、小家电以及香氛产品等多元品类，覆盖日常生活多场景需求。
EBAY vs NWL — 直观对比
营收规模更大
EBAY
是对方的1.6倍
$1.9B
营收增速更快
EBAY
高出17.6%
-2.7%
净利率更高
EBAY
高出34.4%
-16.6%
自由现金流更多
EBAY
多$387.0M
$91.0M
两年增速更快
EBAY
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $1.9B |
| 净利润 | $528.0M | $-315.0M |
| 毛利率 | 71.4% | 33.1% |
| 营业利润率 | 20.3% | -14.3% |
| 净利率 | 17.8% | -16.6% |
| 营收同比 | 15.0% | -2.7% |
| 净利润同比 | -22.2% | -483.3% |
| 每股收益（稀释后） | $1.14 | $-0.75 |
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EBAYNWL
| Q4 25 | $3.0B | $1.9B | ||
| Q3 25 | $2.8B | $1.8B | ||
| Q2 25 | $2.7B | $1.9B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.6B | $1.9B | ||
| Q3 24 | $2.6B | $1.9B | ||
| Q2 24 | $2.6B | $2.0B | ||
| Q1 24 | $2.6B | $1.7B |
净利润EBAYNWL
| Q4 25 | $528.0M | $-315.0M | ||
| Q3 25 | $632.0M | $21.0M | ||
| Q2 25 | $368.0M | $46.0M | ||
| Q1 25 | $503.0M | $-37.0M | ||
| Q4 24 | $679.0M | $-54.0M | ||
| Q3 24 | $634.0M | $-198.0M | ||
| Q2 24 | $224.0M | $45.0M | ||
| Q1 24 | $438.0M | $-9.0M |
毛利率EBAYNWL
| Q4 25 | 71.4% | 33.1% | ||
| Q3 25 | 70.9% | 34.1% | ||
| Q2 25 | 71.6% | 35.4% | ||
| Q1 25 | 72.0% | 32.1% | ||
| Q4 24 | 72.2% | 34.2% | ||
| Q3 24 | 71.8% | 34.9% | ||
| Q2 24 | 71.4% | 34.4% | ||
| Q1 24 | 72.6% | 30.5% |
营业利润率EBAYNWL
| Q4 25 | 20.3% | -14.3% | ||
| Q3 25 | 20.4% | 6.6% | ||
| Q2 25 | 17.7% | 8.8% | ||
| Q1 25 | 23.8% | 1.3% | ||
| Q4 24 | 21.1% | 0.5% | ||
| Q3 24 | 23.1% | -6.2% | ||
| Q2 24 | 21.3% | 8.0% | ||
| Q1 24 | 24.7% | 1.0% |
净利率EBAYNWL
| Q4 25 | 17.8% | -16.6% | ||
| Q3 25 | 22.4% | 1.2% | ||
| Q2 25 | 13.5% | 2.4% | ||
| Q1 25 | 19.5% | -2.4% | ||
| Q4 24 | 26.3% | -2.8% | ||
| Q3 24 | 24.6% | -10.2% | ||
| Q2 24 | 8.7% | 2.2% | ||
| Q1 24 | 17.1% | -0.5% |
每股收益（稀释后）EBAYNWL
| Q4 25 | $1.14 | $-0.75 | ||
| Q3 25 | $1.35 | $0.05 | ||
| Q2 25 | $0.79 | $0.11 | ||
| Q1 25 | $1.06 | $-0.09 | ||
| Q4 24 | $1.35 | $-0.13 | ||
| Q3 24 | $1.29 | $-0.48 | ||
| Q2 24 | $0.45 | $0.11 | ||
| Q1 24 | $0.85 | $-0.02 |
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 | $203.0M |
| 总债务越低越好 | $6.0B | — |
| 股东权益账面价值 | $4.6B | $2.4B |
| 总资产 | $17.6B | $10.7B |
| 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EBAYNWL
| Q4 25 | $1.9B | $203.0M | ||
| Q3 25 | $2.4B | $229.0M | ||
| Q2 25 | $2.1B | $219.0M | ||
| Q1 25 | $3.1B | $233.0M | ||
| Q4 24 | $2.4B | $198.0M | ||
| Q3 24 | $1.6B | $494.0M | ||
| Q2 24 | $2.0B | $382.0M | ||
| Q1 24 | $2.1B | $372.0M |
总债务EBAYNWL
| 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EBAYNWL
| Q4 25 | $4.6B | $2.4B | ||
| Q3 25 | $4.7B | $2.7B | ||
| Q2 25 | $4.7B | $2.7B | ||
| Q1 25 | $5.0B | $2.7B | ||
| Q4 24 | $5.2B | $2.8B | ||
| Q3 24 | $5.4B | $2.9B | ||
| Q2 24 | $5.5B | $3.1B | ||
| Q1 24 | $6.3B | $3.1B |
总资产EBAYNWL
| Q4 25 | $17.6B | $10.7B | ||
| Q3 25 | $17.8B | $11.3B | ||
| Q2 25 | $18.0B | $11.5B | ||
| Q1 25 | $19.0B | $11.3B | ||
| Q4 24 | $19.4B | $11.0B | ||
| Q3 24 | $19.9B | $11.8B | ||
| Q2 24 | $20.4B | $12.0B | ||
| Q1 24 | $21.4B | $12.1B |
负债/权益比EBAYNWL
| 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 | $161.0M |
| 自由现金流经营现金流 - 资本支出 | $478.0M | $91.0M |
| 自由现金流率自由现金流/营收 | 16.1% | 4.8% |
| 资本支出强度资本支出/营收 | 3.9% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | $17.0M |
8季度趋势，按日历期对齐
经营现金流EBAYNWL
| Q4 25 | $595.0M | $161.0M | ||
| Q3 25 | $934.0M | $374.0M | ||
| Q2 25 | $-307.0M | $-58.0M | ||
| Q1 25 | $787.0M | $-213.0M | ||
| Q4 24 | $677.0M | $150.0M | ||
| Q3 24 | $755.0M | $282.0M | ||
| Q2 24 | $367.0M | $32.0M | ||
| Q1 24 | $615.0M | $32.0M |
自由现金流EBAYNWL
| Q4 25 | $478.0M | $91.0M | ||
| Q3 25 | $803.0M | $315.0M | ||
| Q2 25 | $-441.0M | $-117.0M | ||
| Q1 25 | $644.0M | $-272.0M | ||
| Q4 24 | $560.0M | $54.0M | ||
| Q3 24 | $646.0M | $231.0M | ||
| Q2 24 | $278.0M | $-21.0M | ||
| Q1 24 | $472.0M | $-27.0M |
自由现金流率EBAYNWL
| Q4 25 | 16.1% | 4.8% | ||
| Q3 25 | 28.5% | 17.4% | ||
| Q2 25 | -16.2% | -6.0% | ||
| Q1 25 | 24.9% | -17.4% | ||
| Q4 24 | 21.7% | 2.8% | ||
| Q3 24 | 25.1% | 11.9% | ||
| Q2 24 | 10.8% | -1.0% | ||
| Q1 24 | 18.5% | -1.6% |
资本支出强度EBAYNWL
| Q4 25 | 3.9% | 3.7% | ||
| Q3 25 | 4.6% | 3.3% | ||
| Q2 25 | 4.9% | 3.0% | ||
| Q1 25 | 5.5% | 3.8% | ||
| Q4 24 | 4.5% | 4.9% | ||
| Q3 24 | 4.2% | 2.6% | ||
| Q2 24 | 3.5% | 2.6% | ||
| Q1 24 | 5.6% | 3.6% |
现金转化率EBAYNWL
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.48× | 17.81× | ||
| Q2 25 | -0.83× | -1.26× | ||
| Q1 25 | 1.56× | — | ||
| Q4 24 | 1.00× | — | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | 1.64× | 0.71× | ||
| Q1 24 | 1.40× | — |
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% |
NWL
| Kitchen | $538.0M | 28% |
| Writing | $370.0M | 20% |
| Commercial | $320.0M | 17% |
| Financial Institution Two | $286.0M | 15% |
| Baby | $259.0M | 14% |
| Outdoor And Recreation | $142.0M | 7% |
