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Expeditors International（EXPD）与Old Dominion（ODFL）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Old Dominion的2.2倍（$2.9B vs $1.3B），Old Dominion净利率更高（17.6% vs 7.0%，领先10.5%），Expeditors International同比增速更快（-3.3% vs -5.7%），Expeditors International自由现金流更多（$270.3M vs $264.5M），过去两年Expeditors International的营收复合增速更高（13.8% vs -5.4%）
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。
Old Dominion Freight Line（简称ODFL）是美国领先的零担货运企业，服务覆盖区域、跨区域及全国范围。除核心零担货运业务外，公司还提供加急运输、综合物流及家庭搬家服务，拥有成熟的运营网络，可满足不同客户的多元运输需求。
EXPD vs ODFL — 直观对比
营收规模更大
EXPD
是对方的2.2倍
$1.3B
营收增速更快
EXPD
高出2.3%
-5.7%
净利率更高
ODFL
高出10.5%
7.0%
自由现金流更多
EXPD
多$5.8M
$264.5M
两年增速更快
EXPD
近两年复合增速
-5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $1.3B |
| 净利润 | $200.7M | $229.5M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 23.3% |
| 净利率 | 7.0% | 17.6% |
| 营收同比 | -3.3% | -5.7% |
| 净利润同比 | -14.9% | -12.8% |
| 每股收益（稀释后） | $1.50 | $1.10 |
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EXPDODFL
| Q4 25 | $2.9B | $1.3B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $3.0B | $1.4B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $2.4B | $1.5B | ||
| Q1 24 | $2.2B | $1.5B |
净利润EXPDODFL
| Q4 25 | $200.7M | $229.5M | ||
| Q3 25 | $222.3M | $270.9M | ||
| Q2 25 | $183.6M | $268.6M | ||
| Q1 25 | $203.8M | $254.7M | ||
| Q4 24 | $235.9M | $263.1M | ||
| Q3 24 | $229.6M | $308.6M | ||
| Q2 24 | $175.5M | $322.0M | ||
| Q1 24 | $169.2M | $292.3M |
营业利润率EXPDODFL
| Q4 25 | 8.8% | 23.3% | ||
| Q3 25 | 10.0% | 25.7% | ||
| Q2 25 | 9.3% | 25.4% | ||
| Q1 25 | 10.0% | 24.6% | ||
| Q4 24 | 10.2% | 24.1% | ||
| Q3 24 | 10.1% | 27.3% | ||
| Q2 24 | 9.2% | 28.1% | ||
| Q1 24 | 9.7% | 26.5% |
净利率EXPDODFL
| Q4 25 | 7.0% | 17.6% | ||
| Q3 25 | 7.7% | 19.3% | ||
| Q2 25 | 6.9% | 19.1% | ||
| Q1 25 | 7.6% | 18.5% | ||
| Q4 24 | 8.0% | 19.0% | ||
| Q3 24 | 7.7% | 21.0% | ||
| Q2 24 | 7.2% | 21.5% | ||
| Q1 24 | 7.7% | 20.0% |
每股收益（稀释后）EXPDODFL
| Q4 25 | $1.50 | $1.10 | ||
| Q3 25 | $1.64 | $1.28 | ||
| Q2 25 | $1.34 | $1.27 | ||
| Q1 25 | $1.47 | $1.19 | ||
| Q4 24 | $1.68 | $1.23 | ||
| Q3 24 | $1.63 | $1.43 | ||
| Q2 24 | $1.24 | $1.48 | ||
| Q1 24 | $1.17 | $1.34 |
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 | $120.1M |
| 总债务越低越好 | — | $20.0M |
| 股东权益账面价值 | $2.4B | $4.3B |
| 总资产 | $4.9B | $5.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资EXPDODFL
| Q4 25 | $1.3B | $120.1M | ||
| Q3 25 | $1.2B | $46.6M | ||
| Q2 25 | $1.2B | $24.1M | ||
| Q1 25 | $1.3B | $97.2M | ||
| Q4 24 | $1.1B | $108.7M | ||
| Q3 24 | $1.3B | $74.2M | ||
| Q2 24 | $1.3B | $104.6M | ||
| Q1 24 | $1.4B | $581.0M |
总债务EXPDODFL
| Q4 25 | — | $20.0M | ||
| Q3 25 | — | $65.0M | ||
| Q2 25 | — | $150.0M | ||
| Q1 25 | — | $40.0M | ||
| Q4 24 | — | $40.0M | ||
| Q3 24 | — | $40.0M | ||
| Q2 24 | — | $40.0M | ||
| Q1 24 | — | $60.0M |
股东权益EXPDODFL
| Q4 25 | $2.4B | $4.3B | ||
| Q3 25 | $2.3B | $4.3B | ||
| Q2 25 | $2.2B | $4.2B | ||
| Q1 25 | $2.3B | $4.2B | ||
| Q4 24 | $2.2B | $4.2B | ||
| Q3 24 | $2.4B | $4.2B | ||
| Q2 24 | $2.2B | $4.1B | ||
| Q1 24 | $2.2B | $4.4B |
总资产EXPDODFL
| Q4 25 | $4.9B | $5.5B | ||
| Q3 25 | $4.8B | $5.5B | ||
| Q2 25 | $4.8B | $5.6B | ||
| Q1 25 | $4.8B | $5.5B | ||
| Q4 24 | $4.8B | $5.5B | ||
| Q3 24 | $5.2B | $5.4B | ||
| Q2 24 | $4.8B | $5.3B | ||
| Q1 24 | $4.5B | $5.7B |
负债/权益比EXPDODFL
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.02× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.01× |
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 | $310.3M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $264.5M |
| 自由现金流率自由现金流/营收 | 9.5% | 20.2% |
| 资本支出强度资本支出/营收 | 0.5% | 3.5% |
| 现金转化率经营现金流/净利润 | 1.41× | 1.35× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $955.1M |
8季度趋势，按日历期对齐
经营现金流EXPDODFL
| Q4 25 | $283.3M | $310.3M | ||
| Q3 25 | $201.4M | $437.5M | ||
| Q2 25 | $179.2M | $285.8M | ||
| Q1 25 | $342.6M | $336.5M | ||
| Q4 24 | $249.7M | $401.1M | ||
| Q3 24 | $90.0M | $446.5M | ||
| Q2 24 | $126.8M | $387.9M | ||
| Q1 24 | $256.9M | $423.9M |
自由现金流EXPDODFL
| Q4 25 | $270.3M | $264.5M | ||
| Q3 25 | $190.3M | $343.5M | ||
| Q2 25 | $163.3M | $98.7M | ||
| Q1 25 | $329.5M | $248.4M | ||
| Q4 24 | $239.7M | $230.1M | ||
| Q3 24 | $77.7M | $203.7M | ||
| Q2 24 | $118.8M | $149.7M | ||
| Q1 24 | $246.7M | $304.4M |
自由现金流率EXPDODFL
| Q4 25 | 9.5% | 20.2% | ||
| Q3 25 | 6.6% | 24.4% | ||
| Q2 25 | 6.2% | 7.0% | ||
| Q1 25 | 12.4% | 18.1% | ||
| Q4 24 | 8.1% | 16.6% | ||
| Q3 24 | 2.6% | 13.9% | ||
| Q2 24 | 4.9% | 10.0% | ||
| Q1 24 | 11.2% | 20.8% |
资本支出强度EXPDODFL
| Q4 25 | 0.5% | 3.5% | ||
| Q3 25 | 0.4% | 6.7% | ||
| Q2 25 | 0.6% | 13.3% | ||
| Q1 25 | 0.5% | 6.4% | ||
| Q4 24 | 0.3% | 12.3% | ||
| Q3 24 | 0.4% | 16.5% | ||
| Q2 24 | 0.3% | 15.9% | ||
| Q1 24 | 0.5% | 8.2% |
现金转化率EXPDODFL
| Q4 25 | 1.41× | 1.35× | ||
| Q3 25 | 0.91× | 1.61× | ||
| Q2 25 | 0.98× | 1.06× | ||
| Q1 25 | 1.68× | 1.32× | ||
| Q4 24 | 1.06× | 1.52× | ||
| Q3 24 | 0.39× | 1.45× | ||
| Q2 24 | 0.72× | 1.20× | ||
| Q1 24 | 1.52× | 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% |
ODFL
| LTL Service Revenue | $1.3B | 99% |
| Other Service Revenue | $11.4M | 1% |
