vs
Expeditors International（EXPD）与SEABOARD CORP（SEB）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SEABOARD CORP的1.2倍（$2.9B vs $2.4B），SEABOARD CORP净利率更高（10.6% vs 7.0%，领先3.6%），SEABOARD CORP同比增速更快（-2.9% vs -3.3%），Expeditors International自由现金流更多（$270.3M vs $53.0M），过去两年Expeditors International的营收复合增速更高（13.8% vs 4.9%）
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。
Seaboard Corporation是一家多元化跨国农业综合及运输集团，业务覆盖多个垂直整合领域。美国本土核心业务包括生猪养殖加工与远洋运输，海外板块主营大宗商品贸易、谷物加工、食糖生产及发电，总部位于堪萨斯州梅里亚姆。
EXPD vs SEB — 直观对比
营收规模更大
EXPD
是对方的1.2倍
$2.4B
营收增速更快
SEB
高出0.4%
-3.3%
净利率更高
SEB
高出3.6%
7.0%
自由现金流更多
EXPD
多$217.3M
$53.0M
两年增速更快
EXPD
近两年复合增速
4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.4B |
| 净利润 | $200.7M | $255.0M |
| 毛利率 | — | 7.9% |
| 营业利润率 | 8.8% | 2.7% |
| 净利率 | 7.0% | 10.6% |
| 营收同比 | -3.3% | -2.9% |
| 净利润同比 | -14.9% | 63.5% |
| 每股收益（稀释后） | $1.50 | $262.58 |
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EXPDSEB
| Q4 25 | $2.9B | $2.4B | ||
| Q3 25 | $2.9B | $2.5B | ||
| Q2 25 | $2.7B | $2.5B | ||
| Q1 25 | $2.7B | $2.3B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $3.0B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B | ||
| Q1 24 | $2.2B | $2.2B |
净利润EXPDSEB
| Q4 25 | $200.7M | $255.0M | ||
| Q3 25 | $222.3M | $110.0M | ||
| Q2 25 | $183.6M | $104.0M | ||
| Q1 25 | $203.8M | $32.0M | ||
| Q4 24 | $235.9M | $156.0M | ||
| Q3 24 | $229.6M | $-149.0M | ||
| Q2 24 | $175.5M | $61.0M | ||
| Q1 24 | $169.2M | $22.0M |
毛利率EXPDSEB
| Q4 25 | — | 7.9% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 6.1% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 4.0% |
营业利润率EXPDSEB
| Q4 25 | 8.8% | 2.7% | ||
| Q3 25 | 10.0% | 3.3% | ||
| Q2 25 | 9.3% | 2.1% | ||
| Q1 25 | 10.0% | 1.6% | ||
| Q4 24 | 10.2% | 4.6% | ||
| Q3 24 | 10.1% | 1.4% | ||
| Q2 24 | 9.2% | 1.4% | ||
| Q1 24 | 9.7% | -0.9% |
净利率EXPDSEB
| Q4 25 | 7.0% | 10.6% | ||
| Q3 25 | 7.7% | 4.3% | ||
| Q2 25 | 6.9% | 4.2% | ||
| Q1 25 | 7.6% | 1.4% | ||
| Q4 24 | 8.0% | 6.3% | ||
| Q3 24 | 7.7% | -6.7% | ||
| Q2 24 | 7.2% | 2.8% | ||
| Q1 24 | 7.7% | 1.0% |
每股收益（稀释后）EXPDSEB
| Q4 25 | $1.50 | $262.58 | ||
| Q3 25 | $1.64 | $113.71 | ||
| Q2 25 | $1.34 | $105.22 | ||
| Q1 25 | $1.47 | $32.95 | ||
| Q4 24 | $1.68 | $158.58 | ||
| Q3 24 | $1.63 | $-153.44 | ||
| Q2 24 | $1.24 | $62.82 | ||
| Q1 24 | $1.17 | $22.66 |
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 | $1.2B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.4B | $5.2B |
| 总资产 | $4.9B | $8.2B |
| 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EXPDSEB
| Q4 25 | $1.3B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.3B | $1.1B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.3B | $1.2B | ||
| Q1 24 | $1.4B | $1.2B |
股东权益EXPDSEB
| Q4 25 | $2.4B | $5.2B | ||
| Q3 25 | $2.3B | $5.0B | ||
| Q2 25 | $2.2B | $4.8B | ||
| Q1 25 | $2.3B | $4.7B | ||
| Q4 24 | $2.2B | $4.7B | ||
| Q3 24 | $2.4B | $4.5B | ||
| Q2 24 | $2.2B | $4.7B | ||
| Q1 24 | $2.2B | $4.6B |
总资产EXPDSEB
| Q4 25 | $4.9B | $8.2B | ||
| Q3 25 | $4.8B | $8.0B | ||
| Q2 25 | $4.8B | $7.9B | ||
| Q1 25 | $4.8B | $7.6B | ||
| Q4 24 | $4.8B | $7.7B | ||
| Q3 24 | $5.2B | $7.5B | ||
| Q2 24 | $4.8B | $7.7B | ||
| Q1 24 | $4.5B | $7.6B |
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 | $188.0M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $53.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 2.2% |
| 资本支出强度资本支出/营收 | 0.5% | 5.6% |
| 现金转化率经营现金流/净利润 | 1.41× | 0.74× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $6.0M |
8季度趋势，按日历期对齐
经营现金流EXPDSEB
| Q4 25 | $283.3M | $188.0M | ||
| Q3 25 | $201.4M | $319.0M | ||
| Q2 25 | $179.2M | $81.0M | ||
| Q1 25 | $342.6M | $-20.0M | ||
| Q4 24 | $249.7M | $300.0M | ||
| Q3 24 | $90.0M | $194.0M | ||
| Q2 24 | $126.8M | $6.0M | ||
| Q1 24 | $256.9M | $19.0M |
自由现金流EXPDSEB
| Q4 25 | $270.3M | $53.0M | ||
| Q3 25 | $190.3M | $152.0M | ||
| Q2 25 | $163.3M | $-70.0M | ||
| Q1 25 | $329.5M | $-129.0M | ||
| Q4 24 | $239.7M | $162.0M | ||
| Q3 24 | $77.7M | $58.0M | ||
| Q2 24 | $118.8M | $-127.0M | ||
| Q1 24 | $246.7M | $-85.0M |
自由现金流率EXPDSEB
| Q4 25 | 9.5% | 2.2% | ||
| Q3 25 | 6.6% | 6.0% | ||
| Q2 25 | 6.2% | -2.8% | ||
| Q1 25 | 12.4% | -5.6% | ||
| Q4 24 | 8.1% | 6.5% | ||
| Q3 24 | 2.6% | 2.6% | ||
| Q2 24 | 4.9% | -5.7% | ||
| Q1 24 | 11.2% | -3.9% |
资本支出强度EXPDSEB
| Q4 25 | 0.5% | 5.6% | ||
| Q3 25 | 0.4% | 6.6% | ||
| Q2 25 | 0.6% | 6.1% | ||
| Q1 25 | 0.5% | 4.7% | ||
| Q4 24 | 0.3% | 5.6% | ||
| Q3 24 | 0.4% | 6.1% | ||
| Q2 24 | 0.3% | 6.0% | ||
| Q1 24 | 0.5% | 4.7% |
现金转化率EXPDSEB
| Q4 25 | 1.41× | 0.74× | ||
| Q3 25 | 0.91× | 2.90× | ||
| Q2 25 | 0.98× | 0.78× | ||
| Q1 25 | 1.68× | -0.63× | ||
| Q4 24 | 1.06× | 1.92× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.72× | 0.10× | ||
| Q1 24 | 1.52× | 0.86× |
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% |
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
