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Expeditors International（EXPD）与Williams Companies（WMB）财务数据对比。点击上方公司名可切换其他公司
Williams Companies的季度营收约是Expeditors International的1.1倍（$3.0B vs $2.9B），Williams Companies净利率更高（28.5% vs 7.0%，领先21.5%），Williams Companies同比增速更快（-0.6% vs -3.3%），过去两年Expeditors International的营收复合增速更高（13.8% vs 3.2%）
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。
总部位于美国俄克拉荷马州塔尔萨的能源企业，位列《财富》美国500强，普通股为标普500指数成分股，核心业务为天然气加工与运输，同时持有石油、发电相关资产。
EXPD vs WMB — 直观对比
营收规模更大
WMB
是对方的1.1倍
$2.9B
营收增速更快
WMB
高出2.8%
-3.3%
净利率更高
WMB
高出21.5%
7.0%
两年增速更快
EXPD
近两年复合增速
3.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.0B |
| 净利润 | $200.7M | $864.0M |
| 毛利率 | — | — |
| 营业利润率 | 8.8% | 43.6% |
| 净利率 | 7.0% | 28.5% |
| 营收同比 | -3.3% | -0.6% |
| 净利润同比 | -14.9% | 25.1% |
| 每股收益（稀释后） | $1.50 | — |
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EXPDWMB
| Q1 26 | — | $3.0B | ||
| Q4 25 | $2.9B | $3.8B | ||
| Q3 25 | $2.9B | $3.5B | ||
| Q2 25 | $2.7B | $3.4B | ||
| Q1 25 | $2.7B | $4.2B | ||
| Q4 24 | $3.0B | $3.4B | ||
| Q3 24 | $3.0B | $3.0B | ||
| Q2 24 | $2.4B | $2.8B |
净利润EXPDWMB
| Q1 26 | — | $864.0M | ||
| Q4 25 | $200.7M | $734.0M | ||
| Q3 25 | $222.3M | $647.0M | ||
| Q2 25 | $183.6M | $546.0M | ||
| Q1 25 | $203.8M | $691.0M | ||
| Q4 24 | $235.9M | $486.0M | ||
| Q3 24 | $229.6M | $706.0M | ||
| Q2 24 | $175.5M | $401.0M |
营业利润率EXPDWMB
| Q1 26 | — | 43.6% | ||
| Q4 25 | 8.8% | 27.3% | ||
| Q3 25 | 10.0% | 31.8% | ||
| Q2 25 | 9.3% | 28.0% | ||
| Q1 25 | 10.0% | 26.1% | ||
| Q4 24 | 10.2% | 23.2% | ||
| Q3 24 | 10.1% | 27.6% | ||
| Q2 24 | 9.2% | 24.4% |
净利率EXPDWMB
| Q1 26 | — | 28.5% | ||
| Q4 25 | 7.0% | 19.1% | ||
| Q3 25 | 7.7% | 18.5% | ||
| Q2 25 | 6.9% | 16.2% | ||
| Q1 25 | 7.6% | 16.5% | ||
| Q4 24 | 8.0% | 14.2% | ||
| Q3 24 | 7.7% | 23.3% | ||
| Q2 24 | 7.2% | 14.1% |
每股收益（稀释后）EXPDWMB
| Q1 26 | — | — | ||
| Q4 25 | $1.50 | $0.60 | ||
| Q3 25 | $1.64 | $0.53 | ||
| Q2 25 | $1.34 | $0.45 | ||
| Q1 25 | $1.47 | $0.56 | ||
| Q4 24 | $1.68 | $0.39 | ||
| Q3 24 | $1.63 | $0.58 | ||
| Q2 24 | $1.24 | $0.33 |
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 | $950.0K |
| 总债务越低越好 | — | $30.1M |
| 股东权益账面价值 | $2.4B | $13.0M |
| 总资产 | $4.9B | $59.6M |
| 负债/权益比越低杠杆越低 | — | 2.31× |
8季度趋势，按日历期对齐
现金及短期投资EXPDWMB
| Q1 26 | — | $950.0K | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.3B | — |
总债务EXPDWMB
| Q1 26 | — | $30.1M | ||
| Q4 25 | — | $27.3B | ||
| Q3 25 | — | $25.6B | ||
| Q2 25 | — | $25.6B | ||
| Q1 25 | — | $24.1B | ||
| Q4 24 | — | $24.7B | ||
| Q3 24 | — | $24.8B | ||
| Q2 24 | — | $24.1B |
股东权益EXPDWMB
| Q1 26 | — | $13.0M | ||
| Q4 25 | $2.4B | $12.8B | ||
| Q3 25 | $2.3B | $12.5B | ||
| Q2 25 | $2.2B | $12.4B | ||
| Q1 25 | $2.3B | $12.5B | ||
| Q4 24 | $2.2B | $12.4B | ||
| Q3 24 | $2.4B | $12.4B | ||
| Q2 24 | $2.2B | $12.3B |
总资产EXPDWMB
| Q1 26 | — | $59.6M | ||
| Q4 25 | $4.9B | $58.6B | ||
| Q3 25 | $4.8B | $55.7B | ||
| Q2 25 | $4.8B | $56.1B | ||
| Q1 25 | $4.8B | $54.9B | ||
| Q4 24 | $4.8B | $54.5B | ||
| Q3 24 | $5.2B | $53.8B | ||
| Q2 24 | $4.8B | $52.4B |
负债/权益比EXPDWMB
| Q1 26 | — | 2.31× | ||
| Q4 25 | — | 2.13× | ||
| Q3 25 | — | 2.04× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 1.93× | ||
| Q4 24 | — | 1.99× | ||
| Q3 24 | — | 2.00× | ||
| Q2 24 | — | 1.96× |
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 | $6.3B |
| 自由现金流经营现金流 - 资本支出 | $270.3M | — |
| 自由现金流率自由现金流/营收 | 9.5% | — |
| 资本支出强度资本支出/营收 | 0.5% | 44.9% |
| 现金转化率经营现金流/净利润 | 1.41× | 7.31× |
| 过去12个月自由现金流最近4个季度 | $953.4M | — |
8季度趋势，按日历期对齐
经营现金流EXPDWMB
| Q1 26 | — | $6.3B | ||
| Q4 25 | $283.3M | $1.6B | ||
| Q3 25 | $201.4M | $1.4B | ||
| Q2 25 | $179.2M | $1.4B | ||
| Q1 25 | $342.6M | $1.4B | ||
| Q4 24 | $249.7M | $1.2B | ||
| Q3 24 | $90.0M | $1.2B | ||
| Q2 24 | $126.8M | $1.3B |
自由现金流EXPDWMB
| Q1 26 | — | — | ||
| Q4 25 | $270.3M | $-379.0M | ||
| Q3 25 | $190.3M | $485.0M | ||
| Q2 25 | $163.3M | $478.0M | ||
| Q1 25 | $329.5M | $421.0M | ||
| Q4 24 | $239.7M | $450.0M | ||
| Q3 24 | $77.7M | $561.0M | ||
| Q2 24 | $118.8M | $700.0M |
自由现金流率EXPDWMB
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | -9.9% | ||
| Q3 25 | 6.6% | 13.9% | ||
| Q2 25 | 6.2% | 14.2% | ||
| Q1 25 | 12.4% | 10.1% | ||
| Q4 24 | 8.1% | 13.2% | ||
| Q3 24 | 2.6% | 18.5% | ||
| Q2 24 | 4.9% | 24.6% |
资本支出强度EXPDWMB
| Q1 26 | — | 44.9% | ||
| Q4 25 | 0.5% | 50.9% | ||
| Q3 25 | 0.4% | 27.3% | ||
| Q2 25 | 0.6% | 28.8% | ||
| Q1 25 | 0.5% | 24.2% | ||
| Q4 24 | 0.3% | 22.5% | ||
| Q3 24 | 0.4% | 22.5% | ||
| Q2 24 | 0.3% | 20.3% |
现金转化率EXPDWMB
| Q1 26 | — | 7.31× | ||
| Q4 25 | 1.41× | 2.15× | ||
| Q3 25 | 0.91× | 2.22× | ||
| Q2 25 | 0.98× | 2.66× | ||
| Q1 25 | 1.68× | 2.07× | ||
| Q4 24 | 1.06× | 2.51× | ||
| Q3 24 | 0.39× | 1.76× | ||
| Q2 24 | 0.72× | 3.19× |
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% |
WMB
| Service revenues | $2.2B | 73% |
| Other | $778.0M | 26% |
| Service revenues - commodity consideration | $46.0M | 2% |
