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Expeditors International（EXPD）与First American Financial Corp（FAF）财务数据对比。点击上方公司名可切换其他公司
Expeditors International的季度营收约是First American Financial Corp的1.4倍（$2.9B vs $2.0B），First American Financial Corp净利率更高（10.3% vs 7.0%，领先3.3%），First American Financial Corp同比增速更快（21.6% vs -3.3%），First American Financial Corp自由现金流更多（$324.5M vs $270.3M），过去两年First American Financial Corp的营收复合增速更高（19.9% vs 13.8%）
美国财富500强物流服务企业，总部位于华盛顿州贝尔维尤，依托覆盖六大洲100余个国家超340个网点的全球网络及统一集成的技术系统，为客户提供高度优化的定制化供应链解决方案。
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
EXPD vs FAF — 直观对比
营收规模更大
EXPD
是对方的1.4倍
$2.0B
营收增速更快
FAF
高出25.0%
-3.3%
净利率更高
FAF
高出3.3%
7.0%
自由现金流更多
FAF
多$54.2M
$270.3M
两年增速更快
FAF
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.0B |
| 净利润 | $200.7M | $211.9M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 14.0% |
| 净利率 | 7.0% | 10.3% |
| 营收同比 | -3.3% | 21.6% |
| 净利润同比 | -14.9% | 192.7% |
| 每股收益（稀释后） | $1.50 | $2.04 |
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EXPDFAF
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $2.7B | $1.8B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $3.0B | $1.7B | ||
| Q3 24 | $3.0B | $1.4B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.2B | $1.4B |
净利润EXPDFAF
| Q4 25 | $200.7M | $211.9M | ||
| Q3 25 | $222.3M | $189.6M | ||
| Q2 25 | $183.6M | $146.1M | ||
| Q1 25 | $203.8M | $74.2M | ||
| Q4 24 | $235.9M | $72.4M | ||
| Q3 24 | $229.6M | $-104.0M | ||
| Q2 24 | $175.5M | $116.0M | ||
| Q1 24 | $169.2M | $46.7M |
营业利润率EXPDFAF
| Q4 25 | 8.8% | 14.0% | ||
| Q3 25 | 10.0% | 12.5% | ||
| Q2 25 | 9.3% | 10.6% | ||
| Q1 25 | 10.0% | 6.1% | ||
| Q4 24 | 10.2% | 5.9% | ||
| Q3 24 | 10.1% | -10.3% | ||
| Q2 24 | 9.2% | 9.4% | ||
| Q1 24 | 9.7% | 4.1% |
净利率EXPDFAF
| Q4 25 | 7.0% | 10.3% | ||
| Q3 25 | 7.7% | 9.6% | ||
| Q2 25 | 6.9% | 7.9% | ||
| Q1 25 | 7.6% | 4.7% | ||
| Q4 24 | 8.0% | 4.3% | ||
| Q3 24 | 7.7% | -7.4% | ||
| Q2 24 | 7.2% | 7.2% | ||
| Q1 24 | 7.7% | 3.3% |
每股收益（稀释后）EXPDFAF
| Q4 25 | $1.50 | $2.04 | ||
| Q3 25 | $1.64 | $1.84 | ||
| Q2 25 | $1.34 | $1.41 | ||
| Q1 25 | $1.47 | $0.71 | ||
| Q4 24 | $1.68 | $0.70 | ||
| Q3 24 | $1.63 | $-1.00 | ||
| Q2 24 | $1.24 | $1.11 | ||
| Q1 24 | $1.17 | $0.45 |
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 | $1.3B | $1.4B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $5.5B |
| 总资产 | $4.9B | $16.2B |
| 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EXPDFAF
| Q4 25 | $1.3B | $1.4B | ||
| Q3 25 | $1.2B | $2.9B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.3B | $2.0B | ||
| Q4 24 | $1.1B | $1.7B | ||
| Q3 24 | $1.3B | $3.0B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | $1.4B | $1.5B |
股东权益EXPDFAF
| Q4 25 | $2.4B | $5.5B | ||
| Q3 25 | $2.3B | $5.3B | ||
| Q2 25 | $2.2B | $5.1B | ||
| Q1 25 | $2.3B | $5.0B | ||
| Q4 24 | $2.2B | $4.9B | ||
| Q3 24 | $2.4B | $5.1B | ||
| Q2 24 | $2.2B | $4.8B | ||
| Q1 24 | $2.2B | $4.8B |
总资产EXPDFAF
| Q4 25 | $4.9B | $16.2B | ||
| Q3 25 | $4.8B | $17.6B | ||
| Q2 25 | $4.8B | $16.3B | ||
| Q1 25 | $4.8B | $15.5B | ||
| Q4 24 | $4.8B | $14.9B | ||
| Q3 24 | $5.2B | $16.6B | ||
| Q2 24 | $4.8B | $15.2B | ||
| Q1 24 | $4.5B | $14.7B |
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 | $283.3M | $369.3M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $324.5M |
| 自由现金流率自由现金流/营收 | 9.5% | 15.8% |
| 资本支出强度资本支出/营收 | 0.5% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.41× | 1.74× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $762.5M |
8季度趋势，按日历期对齐
经营现金流EXPDFAF
| Q4 25 | $283.3M | $369.3M | ||
| Q3 25 | $201.4M | $272.5M | ||
| Q2 25 | $179.2M | $361.8M | ||
| Q1 25 | $342.6M | $-52.8M | ||
| Q4 24 | $249.7M | $324.6M | ||
| Q3 24 | $90.0M | $236.9M | ||
| Q2 24 | $126.8M | $266.7M | ||
| Q1 24 | $256.9M | $69.3M |
自由现金流EXPDFAF
| Q4 25 | $270.3M | $324.5M | ||
| Q3 25 | $190.3M | $223.1M | ||
| Q2 25 | $163.3M | $309.4M | ||
| Q1 25 | $329.5M | $-94.5M | ||
| Q4 24 | $239.7M | $266.2M | ||
| Q3 24 | $77.7M | $185.4M | ||
| Q2 24 | $118.8M | $210.0M | ||
| Q1 24 | $246.7M | $17.6M |
自由现金流率EXPDFAF
| Q4 25 | 9.5% | 15.8% | ||
| Q3 25 | 6.6% | 11.3% | ||
| Q2 25 | 6.2% | 16.8% | ||
| Q1 25 | 12.4% | -6.0% | ||
| Q4 24 | 8.1% | 15.8% | ||
| Q3 24 | 2.6% | 13.2% | ||
| Q2 24 | 4.9% | 13.0% | ||
| Q1 24 | 11.2% | 1.2% |
资本支出强度EXPDFAF
| Q4 25 | 0.5% | 2.2% | ||
| Q3 25 | 0.4% | 2.5% | ||
| Q2 25 | 0.6% | 2.8% | ||
| Q1 25 | 0.5% | 2.6% | ||
| Q4 24 | 0.3% | 3.5% | ||
| Q3 24 | 0.4% | 3.7% | ||
| Q2 24 | 0.3% | 3.5% | ||
| Q1 24 | 0.5% | 3.6% |
现金转化率EXPDFAF
| Q4 25 | 1.41× | 1.74× | ||
| Q3 25 | 0.91× | 1.44× | ||
| Q2 25 | 0.98× | 2.48× | ||
| Q1 25 | 1.68× | -0.71× | ||
| Q4 24 | 1.06× | 4.48× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.72× | 2.30× | ||
| Q1 24 | 1.52× | 1.48× |
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
EXPD
| Customs Brokerage And Other Services | $1.1B | 40% |
| Airfreight Services | $1.1B | 39% |
| Ocean Freight And Ocean Services | $611.4M | 21% |
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
