vs
Expeditors International（EXPD）与PPL Corporation（PPL）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PPL Corporation的1.2倍（$2.9B vs $2.3B），PPL Corporation净利率更高（11.3% vs 7.0%，领先4.3%），PPL Corporation同比增速更快（7.2% vs -3.3%），Expeditors International自由现金流更多（$270.3M vs $-614.0M），过去两年Expeditors International的营收复合增速更高（13.8% vs 1.0%）
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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
EXPD vs PPL — 直观对比
营收规模更大
EXPD
是对方的1.2倍
$2.3B
营收增速更快
PPL
高出10.6%
-3.3%
净利率更高
PPL
高出4.3%
7.0%
自由现金流更多
EXPD
多$884.3M
$-614.0M
两年增速更快
EXPD
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.3B |
| 净利润 | $200.7M | $266.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 20.3% |
| 净利率 | 7.0% | 11.3% |
| 营收同比 | -3.3% | 7.2% |
| 净利润同比 | -14.9% | 50.3% |
| 每股收益（稀释后） | $1.50 | $0.35 |
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EXPDPPL
| Q4 25 | $2.9B | $2.3B | ||
| Q3 25 | $2.9B | $2.2B | ||
| Q2 25 | $2.7B | $2.0B | ||
| Q1 25 | $2.7B | $2.5B | ||
| Q4 24 | $3.0B | $2.2B | ||
| Q3 24 | $3.0B | $2.1B | ||
| Q2 24 | $2.4B | $1.9B | ||
| Q1 24 | $2.2B | $2.3B |
净利润EXPDPPL
| Q4 25 | $200.7M | $266.0M | ||
| Q3 25 | $222.3M | $318.0M | ||
| Q2 25 | $183.6M | $183.0M | ||
| Q1 25 | $203.8M | $414.0M | ||
| Q4 24 | $235.9M | $177.0M | ||
| Q3 24 | $229.6M | $214.0M | ||
| Q2 24 | $175.5M | $190.0M | ||
| Q1 24 | $169.2M | $307.0M |
营业利润率EXPDPPL
| Q4 25 | 8.8% | 20.3% | ||
| Q3 25 | 10.0% | 25.4% | ||
| Q2 25 | 9.3% | 19.9% | ||
| Q1 25 | 10.0% | 26.6% | ||
| Q4 24 | 10.2% | 17.2% | ||
| Q3 24 | 10.1% | 20.6% | ||
| Q2 24 | 9.2% | 20.8% | ||
| Q1 24 | 9.7% | 23.7% |
净利率EXPDPPL
| Q4 25 | 7.0% | 11.3% | ||
| Q3 25 | 7.7% | 14.2% | ||
| Q2 25 | 6.9% | 9.0% | ||
| Q1 25 | 7.6% | 16.3% | ||
| Q4 24 | 8.0% | 8.1% | ||
| Q3 24 | 7.7% | 10.3% | ||
| Q2 24 | 7.2% | 10.1% | ||
| Q1 24 | 7.7% | 13.3% |
每股收益（稀释后）EXPDPPL
| Q4 25 | $1.50 | $0.35 | ||
| Q3 25 | $1.64 | $0.43 | ||
| Q2 25 | $1.34 | $0.25 | ||
| Q1 25 | $1.47 | $0.56 | ||
| Q4 24 | $1.68 | $0.23 | ||
| Q3 24 | $1.63 | $0.29 | ||
| Q2 24 | $1.24 | $0.26 | ||
| Q1 24 | $1.17 | $0.42 |
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 | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $2.4B | $14.9B |
| 总资产 | $4.9B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资EXPDPPL
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $1.2B | $1.1B | ||
| Q2 25 | $1.2B | $294.0M | ||
| Q1 25 | $1.3B | $312.0M | ||
| Q4 24 | $1.1B | $306.0M | ||
| Q3 24 | $1.3B | $542.0M | ||
| Q2 24 | $1.3B | $282.0M | ||
| Q1 24 | $1.4B | $276.0M |
总债务EXPDPPL
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPDPPL
| Q4 25 | $2.4B | $14.9B | ||
| Q3 25 | $2.3B | $14.4B | ||
| Q2 25 | $2.2B | $14.3B | ||
| Q1 25 | $2.3B | $14.3B | ||
| Q4 24 | $2.2B | $14.1B | ||
| Q3 24 | $2.4B | $14.1B | ||
| Q2 24 | $2.2B | $14.1B | ||
| Q1 24 | $2.2B | $14.1B |
总资产EXPDPPL
| Q4 25 | $4.9B | $45.2B | ||
| Q3 25 | $4.8B | $43.9B | ||
| Q2 25 | $4.8B | $42.4B | ||
| Q1 25 | $4.8B | $41.8B | ||
| Q4 24 | $4.8B | $41.1B | ||
| Q3 24 | $5.2B | $40.5B | ||
| Q2 24 | $4.8B | $39.8B | ||
| Q1 24 | $4.5B | $39.6B |
负债/权益比EXPDPPL
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| 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 | $548.0M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $-614.0M |
| 自由现金流率自由现金流/营收 | 9.5% | -26.1% |
| 资本支出强度资本支出/营收 | 0.5% | 49.5% |
| 现金转化率经营现金流/净利润 | 1.41× | 2.06× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流EXPDPPL
| Q4 25 | $283.3M | $548.0M | ||
| Q3 25 | $201.4M | $966.0M | ||
| Q2 25 | $179.2M | $602.0M | ||
| Q1 25 | $342.6M | $513.0M | ||
| Q4 24 | $249.7M | $511.0M | ||
| Q3 24 | $90.0M | $781.0M | ||
| Q2 24 | $126.8M | $766.0M | ||
| Q1 24 | $256.9M | $282.0M |
自由现金流EXPDPPL
| Q4 25 | $270.3M | $-614.0M | ||
| Q3 25 | $190.3M | $-179.0M | ||
| Q2 25 | $163.3M | $-328.0M | ||
| Q1 25 | $329.5M | $-280.0M | ||
| Q4 24 | $239.7M | $-349.0M | ||
| Q3 24 | $77.7M | $102.0M | ||
| Q2 24 | $118.8M | $96.0M | ||
| Q1 24 | $246.7M | $-314.0M |
自由现金流率EXPDPPL
| Q4 25 | 9.5% | -26.1% | ||
| Q3 25 | 6.6% | -8.0% | ||
| Q2 25 | 6.2% | -16.1% | ||
| Q1 25 | 12.4% | -11.0% | ||
| Q4 24 | 8.1% | -15.9% | ||
| Q3 24 | 2.6% | 4.9% | ||
| Q2 24 | 4.9% | 5.1% | ||
| Q1 24 | 11.2% | -13.6% |
资本支出强度EXPDPPL
| Q4 25 | 0.5% | 49.5% | ||
| Q3 25 | 0.4% | 51.2% | ||
| Q2 25 | 0.6% | 45.6% | ||
| Q1 25 | 0.5% | 31.2% | ||
| Q4 24 | 0.3% | 39.3% | ||
| Q3 24 | 0.4% | 32.7% | ||
| Q2 24 | 0.3% | 35.8% | ||
| Q1 24 | 0.5% | 25.9% |
现金转化率EXPDPPL
| Q4 25 | 1.41× | 2.06× | ||
| Q3 25 | 0.91× | 3.04× | ||
| Q2 25 | 0.98× | 3.29× | ||
| Q1 25 | 1.68× | 1.24× | ||
| Q4 24 | 1.06× | 2.89× | ||
| Q3 24 | 0.39× | 3.65× | ||
| Q2 24 | 0.72× | 4.03× | ||
| Q1 24 | 1.52× | 0.92× |
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% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
