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Expeditors International（EXPD）与Globe Life（GL）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Globe Life的1.8倍（$2.9B vs $1.6B），Globe Life净利率更高（17.3% vs 7.0%，领先10.3%），Globe Life同比增速更快（5.3% vs -3.3%），过去两年Expeditors International的营收复合增速更高（13.8% vs 4.1%）
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。
Globe Life Inc.（股票代码：GL）是总部位于美国得克萨斯州麦金尼的金融服务控股公司，在纽约证券交易所上市，通过旗下全资子公司开展业务，主营人寿保险、年金产品及补充健康保险产品。
EXPD vs GL — 直观对比
营收规模更大
EXPD
是对方的1.8倍
$1.6B
营收增速更快
GL
高出8.7%
-3.3%
净利率更高
GL
高出10.3%
7.0%
两年增速更快
EXPD
近两年复合增速
4.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $1.6B |
| 净利润 | $200.7M | $270.5M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | — |
| 净利率 | 7.0% | 17.3% |
| 营收同比 | -3.3% | 5.3% |
| 净利润同比 | -14.9% | 6.3% |
| 每股收益（稀释后） | $1.50 | $3.39 |
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EXPDGL
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.9B | $1.5B | ||
| Q3 25 | $2.9B | $1.5B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $2.4B | $1.4B |
净利润EXPDGL
| Q1 26 | — | $270.5M | ||
| Q4 25 | $200.7M | $266.1M | ||
| Q3 25 | $222.3M | $387.8M | ||
| Q2 25 | $183.6M | $252.7M | ||
| Q1 25 | $203.8M | $254.6M | ||
| Q4 24 | $235.9M | $255.2M | ||
| Q3 24 | $229.6M | $303.0M | ||
| Q2 24 | $175.5M | $258.4M |
毛利率EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 26.1% | ||
| Q2 24 | — | 23.3% |
营业利润率EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | 8.8% | 21.7% | ||
| Q3 25 | 10.0% | 31.5% | ||
| Q2 25 | 9.3% | 21.2% | ||
| Q1 25 | 10.0% | 21.4% | ||
| Q4 24 | 10.2% | 21.3% | ||
| Q3 24 | 10.1% | 26.3% | ||
| Q2 24 | 9.2% | 23.5% |
净利率EXPDGL
| Q1 26 | — | 17.3% | ||
| Q4 25 | 7.0% | 17.5% | ||
| Q3 25 | 7.7% | 25.6% | ||
| Q2 25 | 6.9% | 17.1% | ||
| Q1 25 | 7.6% | 17.2% | ||
| Q4 24 | 8.0% | 17.4% | ||
| Q3 24 | 7.7% | 20.8% | ||
| Q2 24 | 7.2% | 17.9% |
每股收益（稀释后）EXPDGL
| Q1 26 | — | $3.39 | ||
| Q4 25 | $1.50 | $3.28 | ||
| Q3 25 | $1.64 | $4.73 | ||
| Q2 25 | $1.34 | $3.05 | ||
| Q1 25 | $1.47 | $3.01 | ||
| Q4 24 | $1.68 | $3.00 | ||
| Q3 24 | $1.63 | $3.44 | ||
| Q2 24 | $1.24 | $2.83 |
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 | $183.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $6.1B |
| 总资产 | $4.9B | — |
| 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EXPDGL
| Q1 26 | — | $183.8M | ||
| Q4 25 | $1.3B | $314.7M | ||
| Q3 25 | $1.2B | $62.8M | ||
| Q2 25 | $1.2B | $116.7M | ||
| Q1 25 | $1.3B | $134.1M | ||
| Q4 24 | $1.1B | $85.0M | ||
| Q3 24 | $1.3B | $100.5M | ||
| Q2 24 | $1.3B | $100.6M |
股东权益EXPDGL
| Q1 26 | — | $6.1B | ||
| Q4 25 | $2.4B | $6.0B | ||
| Q3 25 | $2.3B | $5.7B | ||
| Q2 25 | $2.2B | $5.4B | ||
| Q1 25 | $2.3B | $5.4B | ||
| Q4 24 | $2.2B | $5.3B | ||
| Q3 24 | $2.4B | $4.6B | ||
| Q2 24 | $2.2B | $5.2B |
总资产EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $30.8B | ||
| Q3 25 | $4.8B | $30.5B | ||
| Q2 25 | $4.8B | $29.8B | ||
| Q1 25 | $4.8B | $29.7B | ||
| Q4 24 | $4.8B | $29.1B | ||
| Q3 24 | $5.2B | $29.6B | ||
| Q2 24 | $4.8B | $28.3B |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $270.3M | — |
| 自由现金流率自由现金流/营收 | 9.5% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 1.41× | — |
| 过去12个月自由现金流最近4个季度 | $953.4M | — |
8季度趋势，按日历期对齐
经营现金流EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | $283.3M | $350.6M | ||
| Q3 25 | $201.4M | $306.0M | ||
| Q2 25 | $179.2M | $307.9M | ||
| Q1 25 | $342.6M | $431.9M | ||
| Q4 24 | $249.7M | $336.9M | ||
| Q3 24 | $90.0M | $340.6M | ||
| Q2 24 | $126.8M | $374.1M |
自由现金流EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | $270.3M | $330.1M | ||
| Q3 25 | $190.3M | $208.7M | ||
| Q2 25 | $163.3M | $295.0M | ||
| Q1 25 | $329.5M | $420.1M | ||
| Q4 24 | $239.7M | $321.9M | ||
| Q3 24 | $77.7M | $311.3M | ||
| Q2 24 | $118.8M | $356.5M |
自由现金流率EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | 21.7% | ||
| Q3 25 | 6.6% | 13.8% | ||
| Q2 25 | 6.2% | 19.9% | ||
| Q1 25 | 12.4% | 28.4% | ||
| Q4 24 | 8.1% | 22.0% | ||
| Q3 24 | 2.6% | 21.4% | ||
| Q2 24 | 4.9% | 24.8% |
资本支出强度EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.3% | ||
| Q3 25 | 0.4% | 6.4% | ||
| Q2 25 | 0.6% | 0.9% | ||
| Q1 25 | 0.5% | 0.8% | ||
| Q4 24 | 0.3% | 1.0% | ||
| Q3 24 | 0.4% | 2.0% | ||
| Q2 24 | 0.3% | 1.2% |
现金转化率EXPDGL
| Q1 26 | — | — | ||
| Q4 25 | 1.41× | 1.32× | ||
| Q3 25 | 0.91× | 0.79× | ||
| Q2 25 | 0.98× | 1.22× | ||
| Q1 25 | 1.68× | 1.70× | ||
| Q4 24 | 1.06× | 1.32× | ||
| Q3 24 | 0.39× | 1.12× | ||
| Q2 24 | 0.72× | 1.45× |
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% |
GL
| Life premium | $853.2M | 55% |
| Health premium | $416.9M | 27% |
| Other | $289.5M | 19% |
