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亿客行集团（EXPE）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亿客行集团的1.3倍（$4.4B vs $3.5B），标普全球净利率更高（26.8% vs 5.8%，领先21.0%），标普全球同比增速更快（191.7% vs 18.7%），过去两年标普全球的营收复合增速更高（77.3% 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。
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。
EXPE vs VG — 直观对比
营收规模更大
VG
是对方的1.3倍
$3.5B
营收增速更快
VG
高出173.0%
18.7%
净利率更高
VG
高出21.0%
5.8%
两年增速更快
VG
近两年复合增速
-0.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $4.4B |
| 净利润 | $205.0M | $1.2B |
| 毛利率 | — | — |
| 营业利润率 | 11.8% | 38.7% |
| 净利率 | 5.8% | 26.8% |
| 营收同比 | 18.7% | 191.7% |
| 净利润同比 | 202.5% | 20.3% |
| 每股收益（稀释后） | $1.56 | $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EXPEVG
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.5B | $4.4B | ||
| Q3 25 | $4.4B | $3.3B | ||
| Q2 25 | $3.8B | $3.1B | ||
| Q1 25 | $3.0B | $2.9B | ||
| Q4 24 | $3.2B | $1.5B | ||
| Q3 24 | $4.1B | $926.0M | ||
| Q2 24 | $3.6B | $1.1B |
净利润EXPEVG
| Q1 26 | $205.0M | — | ||
| Q4 25 | $205.0M | $1.2B | ||
| Q3 25 | $959.0M | $550.0M | ||
| Q2 25 | $330.0M | $475.0M | ||
| Q1 25 | $-200.0M | $517.0M | ||
| Q4 24 | $299.0M | $990.0M | ||
| Q3 24 | $684.0M | $-294.0M | ||
| Q2 24 | $386.0M | $352.0M |
营业利润率EXPEVG
| Q1 26 | 11.8% | — | ||
| Q4 25 | 11.8% | 38.7% | ||
| Q3 25 | 23.5% | 39.7% | ||
| Q2 25 | 12.8% | 33.5% | ||
| Q1 25 | -2.3% | 37.3% | ||
| Q4 24 | 6.8% | 39.0% | ||
| Q3 24 | 18.8% | 20.4% | ||
| Q2 24 | 12.7% | 32.8% |
净利率EXPEVG
| Q1 26 | 5.8% | — | ||
| Q4 25 | 5.8% | 26.8% | ||
| Q3 25 | 21.7% | 16.5% | ||
| Q2 25 | 8.7% | 15.3% | ||
| Q1 25 | -6.7% | 17.9% | ||
| Q4 24 | 9.4% | 65.0% | ||
| Q3 24 | 16.8% | -31.7% | ||
| Q2 24 | 10.8% | 31.8% |
每股收益（稀释后）EXPEVG
| Q1 26 | $1.56 | — | ||
| Q4 25 | $1.56 | $0.41 | ||
| Q3 25 | $7.33 | $0.16 | ||
| Q2 25 | $2.48 | $0.14 | ||
| Q1 25 | $-1.56 | $0.15 | ||
| Q4 24 | $2.10 | $0.35 | ||
| Q3 24 | $5.04 | $-0.15 | ||
| Q2 24 | $2.80 | $0.12 |
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 | $2.4B |
| 总债务越低越好 | $6.2B | $34.2B |
| 股东权益账面价值 | $1.3B | $6.7B |
| 总资产 | $24.5B | $53.4B |
| 负债/权益比越低杠杆越低 | 4.80× | 5.07× |
8季度趋势，按日历期对齐
现金及短期投资EXPEVG
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.7B | $2.4B | ||
| Q3 25 | $6.2B | $1.9B | ||
| Q2 25 | $6.7B | $2.2B | ||
| Q1 25 | $6.1B | $3.6B | ||
| Q4 24 | $4.5B | $3.6B | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $6.3B | — |
总债务EXPEVG
| Q1 26 | $6.2B | — | ||
| Q4 25 | $6.2B | $34.2B | ||
| Q3 25 | $6.2B | $32.6B | ||
| Q2 25 | $6.2B | $30.0B | ||
| Q1 25 | $6.2B | $29.3B | ||
| Q4 24 | $6.3B | $29.3B | ||
| Q3 24 | $6.3B | — | ||
| Q2 24 | $6.3B | — |
股东权益EXPEVG
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $6.7B | ||
| Q3 25 | $1.3B | $5.7B | ||
| Q2 25 | $836.0M | $5.3B | ||
| Q1 25 | $1.1B | $4.9B | ||
| Q4 24 | $1.6B | $2.9B | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $889.0M | — |
总资产EXPEVG
| Q1 26 | $24.5B | — | ||
| Q4 25 | $24.5B | $53.4B | ||
| Q3 25 | $25.1B | $50.1B | ||
| Q2 25 | $27.0B | $46.5B | ||
| Q1 25 | $26.1B | $45.1B | ||
| Q4 24 | $22.4B | $43.5B | ||
| Q3 24 | $23.4B | — | ||
| Q2 24 | $25.9B | — |
负债/权益比EXPEVG
| Q1 26 | 4.80× | — | ||
| Q4 25 | 4.80× | 5.07× | ||
| Q3 25 | 4.65× | 5.73× | ||
| Q2 25 | 7.43× | 5.69× | ||
| Q1 25 | 5.79× | 6.01× | ||
| Q4 24 | 4.02× | 10.11× | ||
| Q3 24 | 4.74× | — | ||
| Q2 24 | 7.04× | — |
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 | — | $2.1B |
| 自由现金流经营现金流 - 资本支出 | — | $-1.5B |
| 自由现金流率自由现金流/营收 | — | -34.1% |
| 资本支出强度资本支出/营收 | — | 81.6% |
| 现金转化率经营现金流/净利润 | — | 1.77× |
| 过去12个月自由现金流最近4个季度 | — | $-6.8B |
8季度趋势，按日历期对齐
经营现金流EXPEVG
| Q1 26 | — | — | ||
| Q4 25 | $304.0M | $2.1B | ||
| Q3 25 | $-497.0M | $1.9B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $198.0M | — | ||
| Q3 24 | $-1.5B | — | ||
| Q2 24 | $1.5B | — |
自由现金流EXPEVG
| Q1 26 | — | — | ||
| Q4 25 | $119.0M | $-1.5B | ||
| Q3 25 | $-686.0M | $-1.4B | ||
| Q2 25 | $921.0M | $-1.5B | ||
| Q1 25 | $2.8B | $-2.4B | ||
| Q4 24 | $7.0M | — | ||
| Q3 24 | $-1.7B | — | ||
| Q2 24 | $1.3B | — |
自由现金流率EXPEVG
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | -34.1% | ||
| Q3 25 | -15.5% | -42.4% | ||
| Q2 25 | 24.3% | -49.1% | ||
| Q1 25 | 92.2% | -81.3% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | -41.6% | — | ||
| Q2 24 | 36.7% | — |
资本支出强度EXPEVG
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 81.6% | ||
| Q3 25 | 4.3% | 98.9% | ||
| Q2 25 | 5.3% | 96.1% | ||
| Q1 25 | 6.6% | 119.8% | ||
| Q4 24 | 6.0% | — | ||
| Q3 24 | 4.8% | — | ||
| Q2 24 | 5.5% | — |
现金转化率EXPEVG
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 1.77× | ||
| Q3 25 | -0.52× | 3.42× | ||
| Q2 25 | 3.40× | 3.07× | ||
| Q1 25 | — | 2.15× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | -2.18× | — | ||
| Q2 24 | 3.89× | — |
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
VG
| Plaquemines Project Segment | $3.4B | 76% |
| Calcasieu Project Segment | $841.0M | 19% |
| Other | $208.0M | 5% |
