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Expeditors International（EXPD）与MERCURY GENERAL CORP（MCY）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MERCURY GENERAL CORP的1.9倍（$2.9B vs $1.5B），MERCURY GENERAL CORP净利率更高（13.2% vs 7.0%，领先6.2%），MERCURY GENERAL CORP同比增速更快（12.4% vs -3.3%），MERCURY GENERAL CORP自由现金流更多（$273.9M vs $270.3M），过去两年Expeditors International的营收复合增速更高（13.8% vs 9.8%）
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。
水星通用集团是一家综合性保险机构，业务覆盖个人车险、房主保险、租客保险及商业保险等多个品类，其中车险与房主保险是公司的核心经营板块。
EXPD vs MCY — 直观对比
营收规模更大
EXPD
是对方的1.9倍
$1.5B
营收增速更快
MCY
高出15.8%
-3.3%
净利率更高
MCY
高出6.2%
7.0%
自由现金流更多
MCY
多$3.5M
$270.3M
两年增速更快
EXPD
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $1.5B |
| 净利润 | $200.7M | $202.5M |
| 毛利率 | — | 99.7% |
| 营业利润率 | 8.8% | 16.2% |
| 净利率 | 7.0% | 13.2% |
| 营收同比 | -3.3% | 12.4% |
| 净利润同比 | -14.9% | 100.4% |
| 每股收益（稀释后） | $1.50 | $3.66 |
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EXPDMCY
| Q4 25 | $2.9B | $1.5B | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.2B | $1.3B |
净利润EXPDMCY
| Q4 25 | $200.7M | $202.5M | ||
| Q3 25 | $222.3M | $280.4M | ||
| Q2 25 | $183.6M | $166.5M | ||
| Q1 25 | $203.8M | $-108.3M | ||
| Q4 24 | $235.9M | $101.1M | ||
| Q3 24 | $229.6M | $230.9M | ||
| Q2 24 | $175.5M | $62.6M | ||
| Q1 24 | $169.2M | $73.5M |
毛利率EXPDMCY
| Q4 25 | — | 99.7% | ||
| Q3 25 | — | 99.8% | ||
| Q2 25 | — | 99.8% | ||
| Q1 25 | — | 99.7% | ||
| Q4 24 | — | 99.7% | ||
| Q3 24 | — | 99.8% | ||
| Q2 24 | — | 99.8% | ||
| Q1 24 | — | 99.7% |
营业利润率EXPDMCY
| Q4 25 | 8.8% | 16.2% | ||
| Q3 25 | 10.0% | 22.1% | ||
| Q2 25 | 9.3% | 14.0% | ||
| Q1 25 | 10.0% | -10.2% | ||
| Q4 24 | 10.2% | 9.0% | ||
| Q3 24 | 10.1% | 18.8% | ||
| Q2 24 | 9.2% | 5.8% | ||
| Q1 24 | 9.7% | 7.0% |
净利率EXPDMCY
| Q4 25 | 7.0% | 13.2% | ||
| Q3 25 | 7.7% | 17.7% | ||
| Q2 25 | 6.9% | 11.3% | ||
| Q1 25 | 7.6% | -7.8% | ||
| Q4 24 | 8.0% | 7.4% | ||
| Q3 24 | 7.7% | 15.1% | ||
| Q2 24 | 7.2% | 4.8% | ||
| Q1 24 | 7.7% | 5.8% |
每股收益（稀释后）EXPDMCY
| Q4 25 | $1.50 | $3.66 | ||
| Q3 25 | $1.64 | $5.06 | ||
| Q2 25 | $1.34 | $3.01 | ||
| Q1 25 | $1.47 | $-1.96 | ||
| Q4 24 | $1.68 | $1.82 | ||
| Q3 24 | $1.63 | $4.17 | ||
| Q2 24 | $1.24 | $1.13 | ||
| Q1 24 | $1.17 | $1.33 |
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 | — |
| 总债务越低越好 | — | $575.0M |
| 股东权益账面价值 | $2.4B | $2.4B |
| 总资产 | $4.9B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资EXPDMCY
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | — |
总债务EXPDMCY
| Q4 25 | — | $575.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $575.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPDMCY
| Q4 25 | $2.4B | $2.4B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | $2.3B | $1.8B | ||
| Q4 24 | $2.2B | $1.9B | ||
| Q3 24 | $2.4B | $1.9B | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $2.2B | $1.6B |
总资产EXPDMCY
| Q4 25 | $4.9B | $9.6B | ||
| Q3 25 | $4.8B | $9.4B | ||
| Q2 25 | $4.8B | $9.1B | ||
| Q1 25 | $4.8B | $9.0B | ||
| Q4 24 | $4.8B | $8.3B | ||
| Q3 24 | $5.2B | $8.2B | ||
| Q2 24 | $4.8B | $7.7B | ||
| Q1 24 | $4.5B | $7.4B |
负债/权益比EXPDMCY
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.30× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $287.9M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $273.9M |
| 自由现金流率自由现金流/营收 | 9.5% | 17.8% |
| 资本支出强度资本支出/营收 | 0.5% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.41× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $1.0B |
8季度趋势，按日历期对齐
经营现金流EXPDMCY
| Q4 25 | $283.3M | $287.9M | ||
| Q3 25 | $201.4M | $496.4M | ||
| Q2 25 | $179.2M | $371.6M | ||
| Q1 25 | $342.6M | $-68.7M | ||
| Q4 24 | $249.7M | $248.3M | ||
| Q3 24 | $90.0M | $318.1M | ||
| Q2 24 | $126.8M | $278.0M | ||
| Q1 24 | $256.9M | $192.6M |
自由现金流EXPDMCY
| Q4 25 | $270.3M | $273.9M | ||
| Q3 25 | $190.3M | $479.5M | ||
| Q2 25 | $163.3M | $357.2M | ||
| Q1 25 | $329.5M | $-81.9M | ||
| Q4 24 | $239.7M | $236.0M | ||
| Q3 24 | $77.7M | $306.2M | ||
| Q2 24 | $118.8M | $266.5M | ||
| Q1 24 | $246.7M | $182.4M |
自由现金流率EXPDMCY
| Q4 25 | 9.5% | 17.8% | ||
| Q3 25 | 6.6% | 30.3% | ||
| Q2 25 | 6.2% | 24.2% | ||
| Q1 25 | 12.4% | -5.9% | ||
| Q4 24 | 8.1% | 17.3% | ||
| Q3 24 | 2.6% | 20.0% | ||
| Q2 24 | 4.9% | 20.4% | ||
| Q1 24 | 11.2% | 14.3% |
资本支出强度EXPDMCY
| Q4 25 | 0.5% | 0.9% | ||
| Q3 25 | 0.4% | 1.1% | ||
| Q2 25 | 0.6% | 1.0% | ||
| Q1 25 | 0.5% | 0.9% | ||
| Q4 24 | 0.3% | 0.9% | ||
| Q3 24 | 0.4% | 0.8% | ||
| Q2 24 | 0.3% | 0.9% | ||
| Q1 24 | 0.5% | 0.8% |
现金转化率EXPDMCY
| Q4 25 | 1.41× | 1.42× | ||
| Q3 25 | 0.91× | 1.77× | ||
| Q2 25 | 0.98× | 2.23× | ||
| Q1 25 | 1.68× | — | ||
| Q4 24 | 1.06× | 2.46× | ||
| Q3 24 | 0.39× | 1.38× | ||
| Q2 24 | 0.72× | 4.44× | ||
| Q1 24 | 1.52× | 2.62× |
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% |
MCY
暂无分部数据
