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Expeditors International（EXPD）与SIRIUS XM HOLDINGS INC.（SIRI）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SIRIUS XM HOLDINGS INC.的1.3倍（$2.9B vs $2.2B），Expeditors International净利率更高（7.0% vs 4.5%，领先2.5%），SIRIUS XM HOLDINGS INC.同比增速更快（0.2% vs -3.3%），SIRIUS XM HOLDINGS INC.自由现金流更多（$536.0M vs $270.3M），过去两年Expeditors International的营收复合增速更高（13.8% vs 0.7%）
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。
天狼星XM控股旗下的XM卫星广播是美国及加拿大三大卫星与在线广播服务商之一，采用类似付费有线电视的订阅制模式运营。平台拥有73个音乐频道、39个新闻、体育、访谈及娱乐频道，另设21个区域交通气象频道与23个体育赛事直播频道，服务覆盖北美大量付费用户。
EXPD vs SIRI — 直观对比
营收规模更大
EXPD
是对方的1.3倍
$2.2B
营收增速更快
SIRI
高出3.6%
-3.3%
净利率更高
EXPD
高出2.5%
4.5%
自由现金流更多
SIRI
多$265.7M
$270.3M
两年增速更快
EXPD
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.2B |
| 净利润 | $200.7M | $99.0M |
| 毛利率 | — | 53.1% |
| 营业利润率 | 8.8% | 10.3% |
| 净利率 | 7.0% | 4.5% |
| 营收同比 | -3.3% | 0.2% |
| 净利润同比 | -14.9% | -55.4% |
| 每股收益（稀释后） | $1.50 | $0.23 |
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EXPDSIRI
| Q4 25 | $2.9B | $2.2B | ||
| Q3 25 | $2.9B | $2.2B | ||
| Q2 25 | $2.7B | $2.1B | ||
| Q1 25 | $2.7B | $2.1B | ||
| Q4 24 | $3.0B | $2.2B | ||
| Q3 24 | $3.0B | $2.2B | ||
| Q2 24 | $2.4B | $2.2B | ||
| Q1 24 | $2.2B | $2.2B |
净利润EXPDSIRI
| Q4 25 | $200.7M | $99.0M | ||
| Q3 25 | $222.3M | $297.0M | ||
| Q2 25 | $183.6M | $205.0M | ||
| Q1 25 | $203.8M | $204.0M | ||
| Q4 24 | $235.9M | $222.0M | ||
| Q3 24 | $229.6M | $-2.5B | ||
| Q2 24 | $175.5M | $304.0M | ||
| Q1 24 | $169.2M | $265.0M |
毛利率EXPDSIRI
| Q4 25 | — | 53.1% | ||
| Q3 25 | — | 52.2% | ||
| Q2 25 | — | 52.4% | ||
| Q1 25 | — | 52.0% | ||
| Q4 24 | — | 52.9% | ||
| Q3 24 | — | 53.2% | ||
| Q2 24 | — | 53.5% | ||
| Q1 24 | — | 52.5% |
营业利润率EXPDSIRI
| Q4 25 | 8.8% | 10.3% | ||
| Q3 25 | 10.0% | 22.8% | ||
| Q2 25 | 9.3% | 17.1% | ||
| Q1 25 | 10.0% | 18.7% | ||
| Q4 24 | 10.2% | 20.2% | ||
| Q3 24 | 10.1% | -133.6% | ||
| Q2 24 | 9.2% | 23.2% | ||
| Q1 24 | 9.7% | 20.2% |
净利率EXPDSIRI
| Q4 25 | 7.0% | 4.5% | ||
| Q3 25 | 7.7% | 13.8% | ||
| Q2 25 | 6.9% | 9.6% | ||
| Q1 25 | 7.6% | 9.9% | ||
| Q4 24 | 8.0% | 10.1% | ||
| Q3 24 | 7.7% | -113.1% | ||
| Q2 24 | 7.2% | 14.0% | ||
| Q1 24 | 7.7% | 12.3% |
每股收益（稀释后）EXPDSIRI
| Q4 25 | $1.50 | $0.23 | ||
| Q3 25 | $1.64 | $0.84 | ||
| Q2 25 | $1.34 | $0.57 | ||
| Q1 25 | $1.47 | $0.59 | ||
| Q4 24 | $1.68 | $2.45 | ||
| Q3 24 | $1.63 | $-8.74 | ||
| Q2 24 | $1.24 | $0.08 | ||
| Q1 24 | $1.17 | $0.07 |
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 | $94.0M |
| 总债务越低越好 | — | $8.6B |
| 股东权益账面价值 | $2.4B | $11.6B |
| 总资产 | $4.9B | $27.2B |
| 负债/权益比越低杠杆越低 | — | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资EXPDSIRI
| Q4 25 | $1.3B | $94.0M | ||
| Q3 25 | $1.2B | $79.0M | ||
| Q2 25 | $1.2B | $92.0M | ||
| Q1 25 | $1.3B | $127.0M | ||
| Q4 24 | $1.1B | $162.0M | ||
| Q3 24 | $1.3B | $127.0M | ||
| Q2 24 | $1.3B | $100.0M | ||
| Q1 24 | $1.4B | $71.0M |
总债务EXPDSIRI
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $9.0B | ||
| Q2 25 | — | $10.1B | ||
| Q1 25 | — | $10.4B | ||
| Q4 24 | — | $10.3B | ||
| Q3 24 | — | $10.1B | ||
| Q2 24 | — | $9.0B | ||
| Q1 24 | — | $8.7B |
股东权益EXPDSIRI
| Q4 25 | $2.4B | $11.6B | ||
| Q3 25 | $2.3B | $11.6B | ||
| Q2 25 | $2.2B | $11.3B | ||
| Q1 25 | $2.3B | $11.2B | ||
| Q4 24 | $2.2B | $11.1B | ||
| Q3 24 | $2.4B | $10.9B | ||
| Q2 24 | $2.2B | $-2.1B | ||
| Q1 24 | $2.2B | $-2.4B |
总资产EXPDSIRI
| Q4 25 | $4.9B | $27.2B | ||
| Q3 25 | $4.8B | $27.4B | ||
| Q2 25 | $4.8B | $27.3B | ||
| Q1 25 | $4.8B | $27.4B | ||
| Q4 24 | $4.8B | $27.5B | ||
| Q3 24 | $5.2B | $27.5B | ||
| Q2 24 | $4.8B | $11.2B | ||
| Q1 24 | $4.5B | $11.2B |
负债/权益比EXPDSIRI
| Q4 25 | — | 0.75× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | 0.93× | ||
| Q3 24 | — | 0.93× | ||
| 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 | $680.0M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $536.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 24.4% |
| 资本支出强度资本支出/营收 | 0.5% | 6.6% |
| 现金转化率经营现金流/净利润 | 1.41× | 6.87× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $1.2B |
8季度趋势，按日历期对齐
经营现金流EXPDSIRI
| Q4 25 | $283.3M | $680.0M | ||
| Q3 25 | $201.4M | $430.0M | ||
| Q2 25 | $179.2M | $546.0M | ||
| Q1 25 | $342.6M | $242.0M | ||
| Q4 24 | $249.7M | $679.0M | ||
| Q3 24 | $90.0M | $240.0M | ||
| Q2 24 | $126.8M | $514.0M | ||
| Q1 24 | $256.9M | $308.0M |
自由现金流EXPDSIRI
| Q4 25 | $270.3M | $536.0M | ||
| Q3 25 | $190.3M | $255.0M | ||
| Q2 25 | $163.3M | $401.0M | ||
| Q1 25 | $329.5M | $53.0M | ||
| Q4 24 | $239.7M | $514.0M | ||
| Q3 24 | $77.7M | $24.0M | ||
| Q2 24 | $118.8M | $341.0M | ||
| Q1 24 | $246.7M | $134.0M |
自由现金流率EXPDSIRI
| Q4 25 | 9.5% | 24.4% | ||
| Q3 25 | 6.6% | 11.8% | ||
| Q2 25 | 6.2% | 18.8% | ||
| Q1 25 | 12.4% | 2.6% | ||
| Q4 24 | 8.1% | 23.5% | ||
| Q3 24 | 2.6% | 1.1% | ||
| Q2 24 | 4.9% | 15.7% | ||
| Q1 24 | 11.2% | 6.2% |
资本支出强度EXPDSIRI
| Q4 25 | 0.5% | 6.6% | ||
| Q3 25 | 0.4% | 8.1% | ||
| Q2 25 | 0.6% | 6.8% | ||
| Q1 25 | 0.5% | 9.1% | ||
| Q4 24 | 0.3% | 7.5% | ||
| Q3 24 | 0.4% | 9.9% | ||
| Q2 24 | 0.3% | 7.9% | ||
| Q1 24 | 0.5% | 8.0% |
现金转化率EXPDSIRI
| Q4 25 | 1.41× | 6.87× | ||
| Q3 25 | 0.91× | 1.45× | ||
| Q2 25 | 0.98× | 2.66× | ||
| Q1 25 | 1.68× | 1.19× | ||
| Q4 24 | 1.06× | 3.06× | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.72× | 1.69× | ||
| Q1 24 | 1.52× | 1.16× |
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% |
SIRI
| Subscription And Circulation | $1.6B | 74% |
| Advertising | $491.0M | 22% |
| Cost Of Sales Equipment Products And Services | $48.0M | 2% |
| Other Revenue | $28.0M | 1% |
