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Global Business Travel Group, Inc.（GBTG）与GXO Logistics, Inc.（GXO）财务数据对比。点击上方公司名可切换其他公司
GXO Logistics, Inc.的季度营收约是Global Business Travel Group, Inc.的4.4倍（$3.5B vs $792.0M）。Global Business Travel Group, Inc.净利率更高（10.5% vs 1.2%，领先9.3%）。Global Business Travel Group, Inc.同比增速更快（34.0% vs 7.9%）。GXO Logistics, Inc.自由现金流更多（$115.0M vs $13.0M）。过去两年GXO Logistics, Inc.的营收复合增速更高（19.5% vs 13.9%）
环球商旅集团（GBTG）是专业的差旅管理服务商，致力于为各类企业及机构提供全链路商务出行解决方案。核心服务涵盖智能线上预订工具、移动端应用、差旅项目管控与咨询、高管专属出行服务、会议活动支持、差旅数据分析以及出行安全保障等，可满足不同规模客户的多元化商务出行管理需求。
GXO物流是总部位于美国康涅狄格州格林威治的全球化合同物流企业，为三十余个国家的蓝筹客户提供外包供应链管理、仓储及逆向物流服务，合作客户涵盖苹果、耐克、波音、惠而浦、雀巢等众多全球知名企业。
GBTG vs GXO — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $3.5B |
| 净利润 | $83.0M | $43.0M |
| 毛利率 | — | — |
| 营业利润率 | 3.7% | 2.7% |
| 净利率 | 10.5% | 1.2% |
| 营收同比 | 34.0% | 7.9% |
| 净利润同比 | 692.9% | -57.0% |
| 每股收益（稀释后） | $0.16 | $0.35 |
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
| Q4 25 | $792.0M | $3.5B | ||
| Q3 25 | $674.0M | $3.4B | ||
| Q2 25 | $631.0M | $3.3B | ||
| Q1 25 | $621.0M | $3.0B | ||
| Q4 24 | $591.0M | $3.3B | ||
| Q3 24 | $597.0M | $3.2B | ||
| Q2 24 | $625.0M | $2.8B | ||
| Q1 24 | $610.0M | $2.5B |
| Q4 25 | $83.0M | $43.0M | ||
| Q3 25 | $-62.0M | $59.0M | ||
| Q2 25 | $15.0M | $26.0M | ||
| Q1 25 | $75.0M | $-96.0M | ||
| Q4 24 | $-14.0M | $100.0M | ||
| Q3 24 | $-128.0M | $33.0M | ||
| Q2 24 | $27.0M | $38.0M | ||
| Q1 24 | $-19.0M | $-37.0M |
| Q4 25 | 3.7% | 2.7% | ||
| Q3 25 | 1.8% | 3.5% | ||
| Q2 25 | 5.4% | 2.7% | ||
| Q1 25 | 8.9% | -1.9% | ||
| Q4 24 | 5.1% | 3.1% | ||
| Q3 24 | 4.5% | 2.6% | ||
| Q2 24 | 6.7% | 2.6% | ||
| Q1 24 | 2.6% | -1.6% |
| Q4 25 | 10.5% | 1.2% | ||
| Q3 25 | -9.2% | 1.7% | ||
| Q2 25 | 2.4% | 0.8% | ||
| Q1 25 | 12.1% | -3.2% | ||
| Q4 24 | -2.4% | 3.1% | ||
| Q3 24 | -21.4% | 1.0% | ||
| Q2 24 | 4.3% | 1.3% | ||
| Q1 24 | -3.1% | -1.5% |
| Q4 25 | $0.16 | $0.35 | ||
| Q3 25 | $-0.13 | $0.51 | ||
| Q2 25 | $0.03 | $0.23 | ||
| Q1 25 | $0.16 | $-0.81 | ||
| Q4 24 | $-0.04 | $0.83 | ||
| Q3 24 | $-0.28 | $0.28 | ||
| Q2 24 | $0.06 | $0.32 | ||
| Q1 24 | $-0.04 | $-0.31 |
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 | $434.0M | $854.0M |
| 总债务越低越好 | $1.4B | $2.6B |
| 股东权益账面价值 | $1.6B | $3.0B |
| 总资产 | $4.9B | $12.3B |
| 负债/权益比越低杠杆越低 | 0.88× | 0.88× |
8季度趋势，按日历期对齐
| Q4 25 | $434.0M | $854.0M | ||
| Q3 25 | $427.0M | $339.0M | ||
| Q2 25 | $601.0M | $205.0M | ||
| Q1 25 | $552.0M | $288.0M | ||
| Q4 24 | $536.0M | $413.0M | ||
| Q3 24 | $524.0M | $548.0M | ||
| Q2 24 | $515.0M | $469.0M | ||
| Q1 24 | $475.0M | $423.0M |
| Q4 25 | $1.4B | $2.6B | ||
| Q3 25 | $1.4B | $2.2B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.5B | ||
| Q3 24 | $1.4B | $2.6B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $1.6B | $3.0B | ||
| Q3 25 | $1.5B | $3.0B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.1B | $2.9B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.1B | $3.1B | ||
| Q2 24 | $1.2B | $2.9B | ||
| Q1 24 | $1.2B | $2.9B |
| Q4 25 | $4.9B | $12.3B | ||
| Q3 25 | $4.8B | $11.9B | ||
| Q2 25 | $3.9B | $11.9B | ||
| Q1 25 | $3.8B | $11.3B | ||
| Q4 24 | $3.6B | $11.3B | ||
| Q3 24 | $3.8B | $11.9B | ||
| Q2 24 | $3.8B | $11.4B | ||
| Q1 24 | $3.8B | $9.4B |
| Q4 25 | 0.88× | 0.88× | ||
| Q3 25 | 0.91× | 0.74× | ||
| Q2 25 | 1.15× | 0.88× | ||
| Q1 25 | 1.23× | 0.89× | ||
| Q4 24 | 1.32× | 0.84× | ||
| Q3 24 | 1.26× | 0.82× | ||
| Q2 24 | — | 0.88× | ||
| Q1 24 | — | 0.53× |
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 | $52.0M | $170.0M |
| 自由现金流经营现金流 - 资本支出 | $13.0M | $115.0M |
| 自由现金流率自由现金流/营收 | 1.6% | 3.3% |
| 资本支出强度资本支出/营收 | 4.9% | 1.6% |
| 现金转化率经营现金流/净利润 | 0.63× | 3.95× |
| 过去12个月自由现金流最近4个季度 | $104.0M | $110.0M |
8季度趋势，按日历期对齐
| Q4 25 | $52.0M | $170.0M | ||
| Q3 25 | $71.0M | $232.0M | ||
| Q2 25 | $57.0M | $3.0M | ||
| Q1 25 | $53.0M | $29.0M | ||
| Q4 24 | $65.0M | $186.0M | ||
| Q3 24 | $85.0M | $198.0M | ||
| Q2 24 | $73.0M | $115.0M | ||
| Q1 24 | $49.0M | $50.0M |
| Q4 25 | $13.0M | $115.0M | ||
| Q3 25 | $38.0M | $88.0M | ||
| Q2 25 | $27.0M | $-44.0M | ||
| Q1 25 | $26.0M | $-49.0M | ||
| Q4 24 | $33.0M | $82.0M | ||
| Q3 24 | $59.0M | $104.0M | ||
| Q2 24 | $49.0M | $27.0M | ||
| Q1 24 | $24.0M | $-23.0M |
| Q4 25 | 1.6% | 3.3% | ||
| Q3 25 | 5.6% | 2.6% | ||
| Q2 25 | 4.3% | -1.3% | ||
| Q1 25 | 4.2% | -1.6% | ||
| Q4 24 | 5.6% | 2.5% | ||
| Q3 24 | 9.9% | 3.3% | ||
| Q2 24 | 7.8% | 0.9% | ||
| Q1 24 | 3.9% | -0.9% |
| Q4 25 | 4.9% | 1.6% | ||
| Q3 25 | 4.9% | 4.2% | ||
| Q2 25 | 4.8% | 1.4% | ||
| Q1 25 | 4.3% | 2.6% | ||
| Q4 24 | 5.4% | 3.2% | ||
| Q3 24 | 4.4% | 3.0% | ||
| Q2 24 | 3.8% | 3.1% | ||
| Q1 24 | 4.1% | 3.0% |
| Q4 25 | 0.63× | 3.95× | ||
| Q3 25 | — | 3.93× | ||
| Q2 25 | 3.80× | 0.12× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | — | 1.86× | ||
| Q3 24 | — | 6.00× | ||
| Q2 24 | 2.70× | 3.03× | ||
| Q1 24 | — | — |
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
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
GXO
暂无分部数据
