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亿客行集团（EXPE）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
亿客行集团的季度营收约是泰佩思琦的1.4倍（$3.5B vs $2.5B），泰佩思琦净利率更高（22.4% vs 5.8%，领先16.7%），亿客行集团同比增速更快（18.7% vs 14.0%），过去两年泰佩思琦的营收复合增速更高（29.9% vs -0.2%）
亿客行集团是总部位于美国西雅图的在线旅游服务商，旗下旅行预订平台Expedia于1996年由微软推出。用户可通过其官方网站及移动应用预订机票、酒店、租车、邮轮、特色活动及度假短租等产品，为全球消费者提供便捷的一站式旅行服务解决方案。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
EXPE vs TPR — 直观对比
营收规模更大
EXPE
是对方的1.4倍
$2.5B
营收增速更快
EXPE
高出4.7%
14.0%
净利率更高
TPR
高出16.7%
5.8%
两年增速更快
TPR
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $2.5B |
| 净利润 | $205.0M | $561.3M |
| 毛利率 | — | 75.5% |
| 营业利润率 | 11.8% | 28.6% |
| 净利率 | 5.8% | 22.4% |
| 营收同比 | 18.7% | 14.0% |
| 净利润同比 | 202.5% | 80.8% |
| 每股收益（稀释后） | $1.56 | $2.68 |
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EXPETPR
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $2.5B | ||
| Q3 25 | $4.4B | $1.7B | ||
| Q2 25 | $3.8B | $1.7B | ||
| Q1 25 | $3.0B | $1.6B | ||
| Q4 24 | $3.2B | $2.2B | ||
| Q3 24 | $4.1B | $1.5B | ||
| Q2 24 | $3.6B | $1.6B |
净利润EXPETPR
| Q1 26 | $205.0M | — | ||
| Q4 25 | $205.0M | $561.3M | ||
| Q3 25 | $959.0M | $274.8M | ||
| Q2 25 | $330.0M | $-517.1M | ||
| Q1 25 | $-200.0M | $203.3M | ||
| Q4 24 | $299.0M | $310.4M | ||
| Q3 24 | $684.0M | $186.6M | ||
| Q2 24 | $386.0M | $159.3M |
毛利率EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | — | 75.5% | ||
| Q3 25 | — | 76.3% | ||
| Q2 25 | — | 76.3% | ||
| Q1 25 | — | 76.1% | ||
| Q4 24 | — | 74.4% | ||
| Q3 24 | — | 75.3% | ||
| Q2 24 | — | 74.9% |
营业利润率EXPETPR
| Q1 26 | 11.8% | — | ||
| Q4 25 | 11.8% | 28.6% | ||
| Q3 25 | 23.5% | 19.3% | ||
| Q2 25 | 12.8% | -33.9% | ||
| Q1 25 | -2.3% | 16.0% | ||
| Q4 24 | 6.8% | 22.4% | ||
| Q3 24 | 18.8% | 16.7% | ||
| Q2 24 | 12.7% | 14.8% |
净利率EXPETPR
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.8% | 22.4% | ||
| Q3 25 | 21.7% | 16.1% | ||
| Q2 25 | 8.7% | -30.0% | ||
| Q1 25 | -6.7% | 12.8% | ||
| Q4 24 | 9.4% | 14.1% | ||
| Q3 24 | 16.8% | 12.4% | ||
| Q2 24 | 10.8% | 10.0% |
每股收益（稀释后）EXPETPR
| Q1 26 | $1.56 | — | ||
| Q4 25 | $1.56 | $2.68 | ||
| Q3 25 | $7.33 | $1.28 | ||
| Q2 25 | $2.48 | $-2.30 | ||
| Q1 25 | $-1.56 | $0.95 | ||
| Q4 24 | $2.10 | $1.38 | ||
| Q3 24 | $5.04 | $0.79 | ||
| Q2 24 | $2.80 | $0.67 |
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 | $5.7B | $1.1B |
| 总债务越低越好 | $6.2B | $2.4B |
| 股东权益账面价值 | $1.3B | $551.2M |
| 总资产 | $24.5B | $6.5B |
| 负债/权益比越低杠杆越低 | 4.80× | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资EXPETPR
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $1.1B | ||
| Q3 25 | $6.2B | $743.2M | ||
| Q2 25 | $6.7B | $1.1B | ||
| Q1 25 | $6.1B | $1.1B | ||
| Q4 24 | $4.5B | $1.0B | ||
| Q3 24 | $4.9B | $7.3B | ||
| Q2 24 | $6.3B | $7.2B |
总债务EXPETPR
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.2B | $2.4B | ||
| Q3 25 | $6.2B | $2.4B | ||
| Q2 25 | $6.2B | $2.4B | ||
| Q1 25 | $6.2B | $2.4B | ||
| Q4 24 | $6.3B | $2.4B | ||
| Q3 24 | $6.3B | $7.0B | ||
| Q2 24 | $6.3B | $6.9B |
股东权益EXPETPR
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $551.2M | ||
| Q3 25 | $1.3B | $399.5M | ||
| Q2 25 | $836.0M | $857.8M | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.3B | $3.0B | ||
| Q2 24 | $889.0M | $2.9B |
总资产EXPETPR
| Q1 26 | $24.5B | — | ||
| Q4 25 | $24.5B | $6.5B | ||
| Q3 25 | $25.1B | $6.4B | ||
| Q2 25 | $27.0B | $6.6B | ||
| Q1 25 | $26.1B | $7.3B | ||
| Q4 24 | $22.4B | $7.3B | ||
| Q3 24 | $23.4B | $13.7B | ||
| Q2 24 | $25.9B | $13.4B |
负债/权益比EXPETPR
| Q1 26 | 4.80× | — | ||
| Q4 25 | 4.80× | 4.32× | ||
| Q3 25 | 4.65× | 5.95× | ||
| Q2 25 | 7.43× | 2.77× | ||
| Q1 25 | 5.79× | 1.59× | ||
| Q4 24 | 4.02× | 1.78× | ||
| Q3 24 | 4.74× | 2.35× | ||
| Q2 24 | 7.04× | 2.39× |
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 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $1.0B |
| 自由现金流率自由现金流/营收 | — | 41.5% |
| 资本支出强度资本支出/营收 | — | 1.7% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | $1.6B |
8季度趋势，按日历期对齐
经营现金流EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | $304.0M | $1.1B | ||
| Q3 25 | $-497.0M | $112.6M | ||
| Q2 25 | $1.1B | $446.8M | ||
| Q1 25 | $3.0B | $144.3M | ||
| Q4 24 | $198.0M | $506.0M | ||
| Q3 24 | $-1.5B | $119.5M | ||
| Q2 24 | $1.5B | $256.0M |
自由现金流EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | $119.0M | $1.0B | ||
| Q3 25 | $-686.0M | $80.2M | ||
| Q2 25 | $921.0M | $411.5M | ||
| Q1 25 | $2.8B | $113.4M | ||
| Q4 24 | $7.0M | $475.1M | ||
| Q3 24 | $-1.7B | $93.9M | ||
| Q2 24 | $1.3B | $209.8M |
自由现金流率EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | 41.5% | ||
| Q3 25 | -15.5% | 4.7% | ||
| Q2 25 | 24.3% | 23.9% | ||
| Q1 25 | 92.2% | 7.2% | ||
| Q4 24 | 0.2% | 21.6% | ||
| Q3 24 | -41.6% | 6.2% | ||
| Q2 24 | 36.7% | 13.2% |
资本支出强度EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 1.7% | ||
| Q3 25 | 4.3% | 1.9% | ||
| Q2 25 | 5.3% | 2.0% | ||
| Q1 25 | 6.6% | 2.0% | ||
| Q4 24 | 6.0% | 1.4% | ||
| Q3 24 | 4.8% | 1.7% | ||
| Q2 24 | 5.5% | 2.9% |
现金转化率EXPETPR
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 1.93× | ||
| Q3 25 | -0.52× | 0.41× | ||
| Q2 25 | 3.40× | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | 0.66× | 1.63× | ||
| Q3 24 | -2.18× | 0.64× | ||
| Q2 24 | 3.89× | 1.61× |
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
EXPE
暂无分部数据
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
