vs
Expeditors International（EXPD）与标普全球（VG）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是Expeditors International的1.6倍（$4.4B vs $2.9B），标普全球净利率更高（26.8% vs 7.0%，领先19.8%），标普全球同比增速更快（191.7% vs -3.3%），Expeditors International自由现金流更多（$270.3M vs $-1.5B），过去两年标普全球的营收复合增速更高（77.3% vs 13.8%）
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。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息与数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球能源、标普全球市场财智、印度信用评级机构CRISIL等子品牌，同时是标普道琼斯指数合资公司的控股股东。
EXPD vs VG — 直观对比
营收规模更大
VG
是对方的1.6倍
$2.9B
营收增速更快
VG
高出195.0%
-3.3%
净利率更高
VG
高出19.8%
7.0%
自由现金流更多
EXPD
多$1.8B
$-1.5B
两年增速更快
VG
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $4.4B |
| 净利润 | $200.7M | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 38.7% |
| 净利率 | 7.0% | 26.8% |
| 营收同比 | -3.3% | 191.7% |
| 净利润同比 | -14.9% | 20.3% |
| 每股收益（稀释后） | $1.50 | $0.41 |
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EXPDVG
| Q4 25 | $2.9B | $4.4B | ||
| Q3 25 | $2.9B | $3.3B | ||
| Q2 25 | $2.7B | $3.1B | ||
| Q1 25 | $2.7B | $2.9B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $3.0B | $926.0M | ||
| Q2 24 | $2.4B | $1.1B | ||
| Q1 24 | $2.2B | $1.4B |
净利润EXPDVG
| Q4 25 | $200.7M | $1.2B | ||
| Q3 25 | $222.3M | $550.0M | ||
| Q2 25 | $183.6M | $475.0M | ||
| Q1 25 | $203.8M | $517.0M | ||
| Q4 24 | $235.9M | $990.0M | ||
| Q3 24 | $229.6M | $-294.0M | ||
| Q2 24 | $175.5M | $352.0M | ||
| Q1 24 | $169.2M | $698.0M |
营业利润率EXPDVG
| Q4 25 | 8.8% | 38.7% | ||
| Q3 25 | 10.0% | 39.7% | ||
| Q2 25 | 9.3% | 33.5% | ||
| Q1 25 | 10.0% | 37.3% | ||
| Q4 24 | 10.2% | 39.0% | ||
| Q3 24 | 10.1% | 20.4% | ||
| Q2 24 | 9.2% | 32.8% | ||
| Q1 24 | 9.7% | 43.6% |
净利率EXPDVG
| Q4 25 | 7.0% | 26.8% | ||
| Q3 25 | 7.7% | 16.5% | ||
| Q2 25 | 6.9% | 15.3% | ||
| Q1 25 | 7.6% | 17.9% | ||
| Q4 24 | 8.0% | 65.0% | ||
| Q3 24 | 7.7% | -31.7% | ||
| Q2 24 | 7.2% | 31.8% | ||
| Q1 24 | 7.7% | 49.4% |
每股收益（稀释后）EXPDVG
| Q4 25 | $1.50 | $0.41 | ||
| Q3 25 | $1.64 | $0.16 | ||
| Q2 25 | $1.34 | $0.14 | ||
| Q1 25 | $1.47 | $0.15 | ||
| Q4 24 | $1.68 | $0.35 | ||
| Q3 24 | $1.63 | $-0.15 | ||
| Q2 24 | $1.24 | $0.12 | ||
| Q1 24 | $1.17 | $0.25 |
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 | $2.4B |
| 总债务越低越好 | — | $34.2B |
| 股东权益账面价值 | $2.4B | $6.7B |
| 总资产 | $4.9B | $53.4B |
| 负债/权益比越低杠杆越低 | — | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资EXPDVG
| Q4 25 | $1.3B | $2.4B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.3B | $3.6B | ||
| Q4 24 | $1.1B | $3.6B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.4B | — |
总债务EXPDVG
| Q4 25 | — | $34.2B | ||
| Q3 25 | — | $32.6B | ||
| Q2 25 | — | $30.0B | ||
| Q1 25 | — | $29.3B | ||
| Q4 24 | — | $29.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益EXPDVG
| Q4 25 | $2.4B | $6.7B | ||
| Q3 25 | $2.3B | $5.7B | ||
| Q2 25 | $2.2B | $5.3B | ||
| Q1 25 | $2.3B | $4.9B | ||
| Q4 24 | $2.2B | $2.9B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
总资产EXPDVG
| Q4 25 | $4.9B | $53.4B | ||
| Q3 25 | $4.8B | $50.1B | ||
| Q2 25 | $4.8B | $46.5B | ||
| Q1 25 | $4.8B | $45.1B | ||
| Q4 24 | $4.8B | $43.5B | ||
| Q3 24 | $5.2B | — | ||
| Q2 24 | $4.8B | — | ||
| Q1 24 | $4.5B | — |
负债/权益比EXPDVG
| Q4 25 | — | 5.07× | ||
| Q3 25 | — | 5.73× | ||
| Q2 25 | — | 5.69× | ||
| Q1 25 | — | 6.01× | ||
| Q4 24 | — | 10.11× | ||
| 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 | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $-1.5B |
| 自由现金流率自由现金流/营收 | 9.5% | -34.1% |
| 资本支出强度资本支出/营收 | 0.5% | 81.6% |
| 现金转化率经营现金流/净利润 | 1.41× | 1.77× |
| 过去12个月自由现金流最近4个季度 | $953.4M | $-6.8B |
8季度趋势，按日历期对齐
经营现金流EXPDVG
| Q4 25 | $283.3M | $2.1B | ||
| Q3 25 | $201.4M | $1.9B | ||
| Q2 25 | $179.2M | $1.5B | ||
| Q1 25 | $342.6M | $1.1B | ||
| Q4 24 | $249.7M | — | ||
| Q3 24 | $90.0M | — | ||
| Q2 24 | $126.8M | — | ||
| Q1 24 | $256.9M | $638.0M |
自由现金流EXPDVG
| Q4 25 | $270.3M | $-1.5B | ||
| Q3 25 | $190.3M | $-1.4B | ||
| Q2 25 | $163.3M | $-1.5B | ||
| Q1 25 | $329.5M | $-2.4B | ||
| Q4 24 | $239.7M | — | ||
| Q3 24 | $77.7M | — | ||
| Q2 24 | $118.8M | — | ||
| Q1 24 | $246.7M | $-2.4B |
自由现金流率EXPDVG
| Q4 25 | 9.5% | -34.1% | ||
| Q3 25 | 6.6% | -42.4% | ||
| Q2 25 | 6.2% | -49.1% | ||
| Q1 25 | 12.4% | -81.3% | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 4.9% | — | ||
| Q1 24 | 11.2% | -167.3% |
资本支出强度EXPDVG
| Q4 25 | 0.5% | 81.6% | ||
| Q3 25 | 0.4% | 98.9% | ||
| Q2 25 | 0.6% | 96.1% | ||
| Q1 25 | 0.5% | 119.8% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.5% | 212.4% |
现金转化率EXPDVG
| Q4 25 | 1.41× | 1.77× | ||
| Q3 25 | 0.91× | 3.42× | ||
| Q2 25 | 0.98× | 3.07× | ||
| Q1 25 | 1.68× | 2.15× | ||
| Q4 24 | 1.06× | — | ||
| Q3 24 | 0.39× | — | ||
| Q2 24 | 0.72× | — | ||
| Q1 24 | 1.52× | 0.91× |
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% |
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
