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易贝（EBAY）与Steris（STE）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Steris的2.0倍（$3.0B vs $1.5B），易贝净利率更高（17.8% vs 12.9%，领先4.9%），易贝同比增速更快（15.0% vs 9.2%），易贝自由现金流更多（$478.0M vs $199.5M），过去两年Steris的营收复合增速更高（15.8% vs 7.7%）
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。
Steris plc是一家美爱合资的医疗设备企业，专注于为美国医疗体系提供灭菌服务及外科手术相关产品。其实际运营总部位于美国俄亥俄州门托市，深耕医疗消毒、感染防控、手术耗材等领域，为医疗机构提供专业可靠的医疗解决方案。
EBAY vs STE — 直观对比
营收规模更大
EBAY
是对方的2.0倍
$1.5B
营收增速更快
EBAY
高出5.8%
9.2%
净利率更高
EBAY
高出4.9%
12.9%
自由现金流更多
EBAY
多$278.5M
$199.5M
两年增速更快
STE
近两年复合增速
7.7%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $1.5B |
| 净利润 | $528.0M | $192.9M |
| 毛利率 | 71.4% | 43.8% |
| 营业利润率 | 20.3% | 18.3% |
| 净利率 | 17.8% | 12.9% |
| 营收同比 | 15.0% | 9.2% |
| 净利润同比 | -22.2% | 11.2% |
| 每股收益（稀释后） | $1.14 | $1.96 |
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EBAYSTE
| Q4 25 | $3.0B | $1.5B | ||
| Q3 25 | $2.8B | $1.5B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $2.6B | $1.5B | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.6B | $1.3B | ||
| Q2 24 | $2.6B | $1.3B | ||
| Q1 24 | $2.6B | $1.1B |
净利润EBAYSTE
| Q4 25 | $528.0M | $192.9M | ||
| Q3 25 | $632.0M | $191.9M | ||
| Q2 25 | $368.0M | $177.4M | ||
| Q1 25 | $503.0M | $145.7M | ||
| Q4 24 | $679.0M | $173.5M | ||
| Q3 24 | $634.0M | $150.0M | ||
| Q2 24 | $224.0M | $145.4M | ||
| Q1 24 | $438.0M | $-1.4M |
毛利率EBAYSTE
| Q4 25 | 71.4% | 43.8% | ||
| Q3 25 | 70.9% | 44.2% | ||
| Q2 25 | 71.6% | 45.1% | ||
| Q1 25 | 72.0% | 43.3% | ||
| Q4 24 | 72.2% | 44.5% | ||
| Q3 24 | 71.8% | 43.6% | ||
| Q2 24 | 71.4% | 44.7% | ||
| Q1 24 | 72.6% | 40.2% |
营业利润率EBAYSTE
| Q4 25 | 20.3% | 18.3% | ||
| Q3 25 | 20.4% | 18.2% | ||
| Q2 25 | 17.7% | 17.7% | ||
| Q1 25 | 23.8% | 14.6% | ||
| Q4 24 | 21.1% | 17.9% | ||
| Q3 24 | 23.1% | 16.5% | ||
| Q2 24 | 21.3% | 14.5% | ||
| Q1 24 | 24.7% | 22.0% |
净利率EBAYSTE
| Q4 25 | 17.8% | 12.9% | ||
| Q3 25 | 22.4% | 13.1% | ||
| Q2 25 | 13.5% | 12.8% | ||
| Q1 25 | 19.5% | 9.8% | ||
| Q4 24 | 26.3% | 12.7% | ||
| Q3 24 | 24.6% | 11.3% | ||
| Q2 24 | 8.7% | 11.4% | ||
| Q1 24 | 17.1% | -0.1% |
每股收益（稀释后）EBAYSTE
| Q4 25 | $1.14 | $1.96 | ||
| Q3 25 | $1.35 | $1.94 | ||
| Q2 25 | $0.79 | $1.79 | ||
| Q1 25 | $1.06 | $1.48 | ||
| Q4 24 | $1.35 | $1.75 | ||
| Q3 24 | $1.29 | $1.51 | ||
| Q2 24 | $0.45 | $1.46 | ||
| 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 | $423.7M |
| 总债务越低越好 | $6.0B | $1.9B |
| 股东权益账面价值 | $4.6B | $7.2B |
| 总资产 | $17.6B | $10.6B |
| 负债/权益比越低杠杆越低 | 1.30× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资EBAYSTE
| Q4 25 | $1.9B | $423.7M | ||
| Q3 25 | $2.4B | $319.2M | ||
| Q2 25 | $2.1B | $279.7M | ||
| Q1 25 | $3.1B | $171.7M | ||
| Q4 24 | $2.4B | $155.2M | ||
| Q3 24 | $1.6B | $172.2M | ||
| Q2 24 | $2.0B | $198.3M | ||
| Q1 24 | $2.1B | $207.0M |
总债务EBAYSTE
| Q4 25 | $6.0B | $1.9B | ||
| Q3 25 | $5.0B | $1.9B | ||
| Q2 25 | $5.0B | $1.9B | ||
| Q1 25 | $5.8B | $1.9B | ||
| Q4 24 | $5.8B | $2.0B | ||
| Q3 24 | $6.2B | $2.2B | ||
| Q2 24 | $6.2B | $2.2B | ||
| Q1 24 | $6.2B | $3.1B |
股东权益EBAYSTE
| Q4 25 | $4.6B | $7.2B | ||
| Q3 25 | $4.7B | $7.0B | ||
| Q2 25 | $4.7B | $7.0B | ||
| Q1 25 | $5.0B | $6.6B | ||
| Q4 24 | $5.2B | $6.4B | ||
| Q3 24 | $5.4B | $6.6B | ||
| Q2 24 | $5.5B | $6.4B | ||
| Q1 24 | $6.3B | $6.3B |
总资产EBAYSTE
| Q4 25 | $17.6B | $10.6B | ||
| Q3 25 | $17.8B | $10.4B | ||
| Q2 25 | $18.0B | $10.4B | ||
| Q1 25 | $19.0B | $10.1B | ||
| Q4 24 | $19.4B | $10.0B | ||
| Q3 24 | $19.9B | $10.2B | ||
| Q2 24 | $20.4B | $10.1B | ||
| Q1 24 | $21.4B | $11.1B |
负债/权益比EBAYSTE
| Q4 25 | 1.30× | 0.27× | ||
| Q3 25 | 1.06× | 0.27× | ||
| Q2 25 | 1.05× | 0.27× | ||
| Q1 25 | 1.16× | 0.29× | ||
| Q4 24 | 1.12× | 0.32× | ||
| Q3 24 | 1.14× | 0.33× | ||
| Q2 24 | 1.12× | 0.35× | ||
| Q1 24 | 0.98× | 0.50× |
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 | $298.2M |
| 自由现金流经营现金流 - 资本支出 | $478.0M | $199.5M |
| 自由现金流率自由现金流/营收 | 16.1% | 13.3% |
| 资本支出强度资本支出/营收 | 3.9% | 6.6% |
| 现金转化率经营现金流/净利润 | 1.13× | 1.55× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $917.1M |
8季度趋势，按日历期对齐
经营现金流EBAYSTE
| Q4 25 | $595.0M | $298.2M | ||
| Q3 25 | $934.0M | $287.8M | ||
| Q2 25 | $-307.0M | $420.0M | ||
| Q1 25 | $787.0M | $260.8M | ||
| Q4 24 | $677.0M | $332.8M | ||
| Q3 24 | $755.0M | $250.7M | ||
| Q2 24 | $367.0M | $303.7M | ||
| Q1 24 | $615.0M | $254.8M |
自由现金流EBAYSTE
| Q4 25 | $478.0M | $199.5M | ||
| Q3 25 | $803.0M | $201.3M | ||
| Q2 25 | $-441.0M | $326.4M | ||
| Q1 25 | $644.0M | $189.9M | ||
| Q4 24 | $560.0M | $243.6M | ||
| Q3 24 | $646.0M | $148.8M | ||
| Q2 24 | $278.0M | $195.7M | ||
| Q1 24 | $472.0M | $163.3M |
自由现金流率EBAYSTE
| Q4 25 | 16.1% | 13.3% | ||
| Q3 25 | 28.5% | 13.8% | ||
| Q2 25 | -16.2% | 23.5% | ||
| Q1 25 | 24.9% | 12.8% | ||
| Q4 24 | 21.7% | 17.8% | ||
| Q3 24 | 25.1% | 11.2% | ||
| Q2 24 | 10.8% | 15.3% | ||
| Q1 24 | 18.5% | 14.6% |
资本支出强度EBAYSTE
| Q4 25 | 3.9% | 6.6% | ||
| Q3 25 | 4.6% | 5.9% | ||
| Q2 25 | 4.9% | 6.7% | ||
| Q1 25 | 5.5% | 4.8% | ||
| Q4 24 | 4.5% | 6.5% | ||
| Q3 24 | 4.2% | 7.7% | ||
| Q2 24 | 3.5% | 8.4% | ||
| Q1 24 | 5.6% | 8.2% |
现金转化率EBAYSTE
| Q4 25 | 1.13× | 1.55× | ||
| Q3 25 | 1.48× | 1.50× | ||
| Q2 25 | -0.83× | 2.37× | ||
| Q1 25 | 1.56× | 1.79× | ||
| Q4 24 | 1.00× | 1.92× | ||
| Q3 24 | 1.19× | 1.67× | ||
| Q2 24 | 1.64× | 2.09× | ||
| 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% |
STE
| Servicerevenues | $404.7M | 27% |
| Consumablerevenues | $387.1M | 26% |
| Applied Sterilization Technologies | $286.6M | 19% |
| Capitalequipmentrevenues | $272.1M | 18% |
| Life Science | $145.8M | 10% |
