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Expeditors International（EXPD）与捷迈邦美（ZBH）财务数据对比。点击上方公司名可切换其他公司
Expeditors International的季度营收约是捷迈邦美的1.4倍（$2.9B vs $2.1B），捷迈邦美净利率更高（11.4% vs 7.0%，领先4.4%），捷迈邦美同比增速更快（9.3% vs -3.3%），Expeditors International自由现金流更多（$270.3M vs $245.9M），过去两年Expeditors International的营收复合增速更高（13.8% vs 3.7%）
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。
捷迈邦美是一家美国上市的医疗设备企业，1927年成立，最初以生产铝制夹板为核心业务，总部设于印第安纳州华沙市，是当地医疗设备产业集群的核心成员，在全球骨科医疗器械领域拥有较高知名度。
EXPD vs ZBH — 直观对比
营收规模更大
EXPD
是对方的1.4倍
$2.1B
营收增速更快
ZBH
高出12.6%
-3.3%
净利率更高
ZBH
高出4.4%
7.0%
自由现金流更多
EXPD
多$24.4M
$245.9M
两年增速更快
EXPD
近两年复合增速
3.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.1B |
| 净利润 | $200.7M | $238.3M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 8.8% | 17.9% |
| 净利率 | 7.0% | 11.4% |
| 营收同比 | -3.3% | 9.3% |
| 净利润同比 | -14.9% | 30.5% |
| 每股收益（稀释后） | $1.50 | $1.22 |
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EXPDZBH
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.9B | $2.2B | ||
| Q3 25 | $2.9B | $2.0B | ||
| Q2 25 | $2.7B | $2.1B | ||
| Q1 25 | $2.7B | $1.9B | ||
| Q4 24 | $3.0B | $2.0B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.4B | $1.9B |
净利润EXPDZBH
| Q1 26 | — | $238.3M | ||
| Q4 25 | $200.7M | $139.4M | ||
| Q3 25 | $222.3M | $230.9M | ||
| Q2 25 | $183.6M | $152.8M | ||
| Q1 25 | $203.8M | $182.0M | ||
| Q4 24 | $235.9M | $239.5M | ||
| Q3 24 | $229.6M | $249.1M | ||
| Q2 24 | $175.5M | $242.8M |
毛利率EXPDZBH
| Q1 26 | — | 64.6% | ||
| Q4 25 | — | 64.7% | ||
| Q3 25 | — | 72.1% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 71.2% | ||
| Q4 24 | — | 71.0% | ||
| Q3 24 | — | 70.5% | ||
| Q2 24 | — | 71.5% |
营业利润率EXPDZBH
| Q1 26 | — | 17.9% | ||
| Q4 25 | 8.8% | 6.9% | ||
| Q3 25 | 10.0% | 17.6% | ||
| Q2 25 | 9.3% | 14.4% | ||
| Q1 25 | 10.0% | 15.3% | ||
| Q4 24 | 10.2% | 19.2% | ||
| Q3 24 | 10.1% | 15.3% | ||
| Q2 24 | 9.2% | 18.1% |
净利率EXPDZBH
| Q1 26 | — | 11.4% | ||
| Q4 25 | 7.0% | 6.2% | ||
| Q3 25 | 7.7% | 11.5% | ||
| Q2 25 | 6.9% | 7.4% | ||
| Q1 25 | 7.6% | 9.5% | ||
| Q4 24 | 8.0% | 11.8% | ||
| Q3 24 | 7.7% | 13.7% | ||
| Q2 24 | 7.2% | 12.5% |
每股收益（稀释后）EXPDZBH
| Q1 26 | — | $1.22 | ||
| Q4 25 | $1.50 | $0.71 | ||
| Q3 25 | $1.64 | $1.16 | ||
| Q2 25 | $1.34 | $0.77 | ||
| Q1 25 | $1.47 | $0.91 | ||
| Q4 24 | $1.68 | $1.18 | ||
| Q3 24 | $1.63 | $1.23 | ||
| Q2 24 | $1.24 | $1.18 |
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 | $424.2M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $2.4B | $12.7B |
| 总资产 | $4.9B | $22.7B |
| 负债/权益比越低杠杆越低 | — | 0.59× |
8季度趋势，按日历期对齐
现金及短期投资EXPDZBH
| Q1 26 | — | $424.2M | ||
| Q4 25 | $1.3B | $591.9M | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $556.9M | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.1B | $525.5M | ||
| Q3 24 | $1.3B | $569.0M | ||
| Q2 24 | $1.3B | $420.1M |
总债务EXPDZBH
| Q1 26 | — | $7.5B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益EXPDZBH
| Q1 26 | — | $12.7B | ||
| Q4 25 | $2.4B | $12.7B | ||
| Q3 25 | $2.3B | $12.8B | ||
| Q2 25 | $2.2B | $12.5B | ||
| Q1 25 | $2.3B | $12.4B | ||
| Q4 24 | $2.2B | $12.5B | ||
| Q3 24 | $2.4B | $12.4B | ||
| Q2 24 | $2.2B | $12.7B |
总资产EXPDZBH
| Q1 26 | — | $22.7B | ||
| Q4 25 | $4.9B | $23.1B | ||
| Q3 25 | $4.8B | $23.5B | ||
| Q2 25 | $4.8B | $22.9B | ||
| Q1 25 | $4.8B | $22.2B | ||
| Q4 24 | $4.8B | $21.4B | ||
| Q3 24 | $5.2B | $21.7B | ||
| Q2 24 | $4.8B | $21.5B |
负债/权益比EXPDZBH
| Q1 26 | — | 0.59× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $359.4M |
| 自由现金流经营现金流 - 资本支出 | $270.3M | $245.9M |
| 自由现金流率自由现金流/营收 | 9.5% | 11.8% |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 1.41× | 1.51× |
| 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EXPDZBH
| Q1 26 | — | $359.4M | ||
| Q4 25 | $283.3M | $517.4M | ||
| Q3 25 | $201.4M | $418.7M | ||
| Q2 25 | $179.2M | $378.2M | ||
| Q1 25 | $342.6M | $382.8M | ||
| Q4 24 | $249.7M | $506.3M | ||
| Q3 24 | $90.0M | $395.7M | ||
| Q2 24 | $126.8M | $369.4M |
自由现金流EXPDZBH
| Q1 26 | — | $245.9M | ||
| Q4 25 | $270.3M | $442.6M | ||
| Q3 25 | $190.3M | $363.7M | ||
| Q2 25 | $163.3M | $328.1M | ||
| Q1 25 | $329.5M | $338.2M | ||
| Q4 24 | $239.7M | $454.8M | ||
| Q3 24 | $77.7M | $351.2M | ||
| Q2 24 | $118.8M | $316.7M |
自由现金流率EXPDZBH
| Q1 26 | — | 11.8% | ||
| Q4 25 | 9.5% | 19.7% | ||
| Q3 25 | 6.6% | 18.2% | ||
| Q2 25 | 6.2% | 15.8% | ||
| Q1 25 | 12.4% | 17.7% | ||
| Q4 24 | 8.1% | 22.5% | ||
| Q3 24 | 2.6% | 19.3% | ||
| Q2 24 | 4.9% | 16.3% |
资本支出强度EXPDZBH
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.3% | ||
| Q3 25 | 0.4% | 2.7% | ||
| Q2 25 | 0.6% | 2.4% | ||
| Q1 25 | 0.5% | 2.3% | ||
| Q4 24 | 0.3% | 2.5% | ||
| Q3 24 | 0.4% | 2.4% | ||
| Q2 24 | 0.3% | 2.7% |
现金转化率EXPDZBH
| Q1 26 | — | 1.51× | ||
| Q4 25 | 1.41× | 3.71× | ||
| Q3 25 | 0.91× | 1.81× | ||
| Q2 25 | 0.98× | 2.48× | ||
| Q1 25 | 1.68× | 2.10× | ||
| Q4 24 | 1.06× | 2.11× | ||
| Q3 24 | 0.39× | 1.59× | ||
| Q2 24 | 0.72× | 1.52× |
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% |
ZBH
暂无分部数据
