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GXO Logistics, Inc.（GXO）与国际纸业（IP）财务数据对比。点击上方公司名可切换其他公司
国际纸业的季度营收约是GXO Logistics, Inc.的1.4倍（$4.7B vs $3.5B），GXO Logistics, Inc.净利率更高（1.2% vs -50.3%，领先51.5%），GXO Logistics, Inc.同比增速更快（7.9% vs 3.6%），国际纸业自由现金流更多（$255.0M vs $115.0M），过去两年GXO Logistics, Inc.的营收复合增速更高（19.5% vs 1.3%）
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。
国际纸业是总部位于美国田纳西州孟菲斯的纸浆及造纸企业，为全球规模最大的同类型企业，目前拥有约3.9万名员工，产品覆盖纸浆、包装用纸、办公用纸等品类，业务遍及全球多个国家和地区，广泛服务各行业客户的相关需求。
GXO vs IP — 直观对比
营收规模更大
IP
是对方的1.4倍
$3.5B
营收增速更快
GXO
高出4.3%
3.6%
净利率更高
GXO
高出51.5%
-50.3%
自由现金流更多
IP
多$140.0M
$115.0M
两年增速更快
GXO
近两年复合增速
1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.5B | $4.7B |
| 净利润 | $43.0M | $-2.4B |
| 毛利率 | — | 32.2% |
| 营业利润率 | 2.7% | -56.4% |
| 净利率 | 1.2% | -50.3% |
| 营收同比 | 7.9% | 3.6% |
| 净利润同比 | -57.0% | -1521.8% |
| 每股收益（稀释后） | $0.35 | $-4.76 |
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GXOIP
| Q4 25 | $3.5B | $4.7B | ||
| Q3 25 | $3.4B | $6.2B | ||
| Q2 25 | $3.3B | $6.8B | ||
| Q1 25 | $3.0B | $5.9B | ||
| Q4 24 | $3.3B | $4.6B | ||
| Q3 24 | $3.2B | $4.7B | ||
| Q2 24 | $2.8B | $4.7B | ||
| Q1 24 | $2.5B | $4.6B |
净利润GXOIP
| Q4 25 | $43.0M | $-2.4B | ||
| Q3 25 | $59.0M | $-1.1B | ||
| Q2 25 | $26.0M | $75.0M | ||
| Q1 25 | $-96.0M | $-105.0M | ||
| Q4 24 | $100.0M | $-147.0M | ||
| Q3 24 | $33.0M | $150.0M | ||
| Q2 24 | $38.0M | $498.0M | ||
| Q1 24 | $-37.0M | $56.0M |
毛利率GXOIP
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | 31.1% | ||
| Q2 25 | — | 27.9% | ||
| Q1 25 | — | 27.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 28.7% | ||
| Q2 24 | — | 29.0% | ||
| Q1 24 | — | 25.9% |
营业利润率GXOIP
| Q4 25 | 2.7% | -56.4% | ||
| Q3 25 | 3.5% | -10.8% | ||
| Q2 25 | 2.7% | 1.7% | ||
| Q1 25 | -1.9% | -2.3% | ||
| Q4 24 | 3.1% | -4.9% | ||
| Q3 24 | 2.6% | 5.1% | ||
| Q2 24 | 2.6% | 6.8% | ||
| Q1 24 | -1.6% | 3.7% |
净利率GXOIP
| Q4 25 | 1.2% | -50.3% | ||
| Q3 25 | 1.7% | -17.7% | ||
| Q2 25 | 0.8% | 1.1% | ||
| Q1 25 | -3.2% | -1.8% | ||
| Q4 24 | 3.1% | -3.2% | ||
| Q3 24 | 1.0% | 3.2% | ||
| Q2 24 | 1.3% | 10.5% | ||
| Q1 24 | -1.5% | 1.2% |
每股收益（稀释后）GXOIP
| Q4 25 | $0.35 | $-4.76 | ||
| Q3 25 | $0.51 | $-2.09 | ||
| Q2 25 | $0.23 | $0.14 | ||
| Q1 25 | $-0.81 | $-0.24 | ||
| Q4 24 | $0.83 | $-0.42 | ||
| Q3 24 | $0.28 | $0.42 | ||
| Q2 24 | $0.32 | $1.41 | ||
| Q1 24 | $-0.31 | $0.16 |
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 | $854.0M | $1.1B |
| 总债务越低越好 | $2.6B | $8.8B |
| 股东权益账面价值 | $3.0B | $14.8B |
| 总资产 | $12.3B | $38.0B |
| 负债/权益比越低杠杆越低 | 0.88× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资GXOIP
| Q4 25 | $854.0M | $1.1B | ||
| Q3 25 | $339.0M | $995.0M | ||
| Q2 25 | $205.0M | $1.1B | ||
| Q1 25 | $288.0M | $1.2B | ||
| Q4 24 | $413.0M | $1.2B | ||
| Q3 24 | $548.0M | $1.2B | ||
| Q2 24 | $469.0M | $1.0B | ||
| Q1 24 | $423.0M | $1.1B |
总债务GXOIP
| Q4 25 | $2.6B | $8.8B | ||
| Q3 25 | $2.2B | $9.0B | ||
| Q2 25 | $2.6B | $9.7B | ||
| Q1 25 | $2.5B | $9.2B | ||
| Q4 24 | $2.5B | $5.4B | ||
| Q3 24 | $2.6B | $5.3B | ||
| Q2 24 | $2.6B | $5.3B | ||
| Q1 24 | $1.5B | $5.5B |
股东权益GXOIP
| Q4 25 | $3.0B | $14.8B | ||
| Q3 25 | $3.0B | $17.3B | ||
| Q2 25 | $2.9B | $18.6B | ||
| Q1 25 | $2.9B | $18.1B | ||
| Q4 24 | $3.0B | $8.2B | ||
| Q3 24 | $3.1B | $8.6B | ||
| Q2 24 | $2.9B | $8.6B | ||
| Q1 24 | $2.9B | $8.3B |
总资产GXOIP
| Q4 25 | $12.3B | $38.0B | ||
| Q3 25 | $11.9B | $40.6B | ||
| Q2 25 | $11.9B | $42.4B | ||
| Q1 25 | $11.3B | $41.2B | ||
| Q4 24 | $11.3B | $22.8B | ||
| Q3 24 | $11.9B | $23.2B | ||
| Q2 24 | $11.4B | $23.1B | ||
| Q1 24 | $9.4B | $23.0B |
负债/权益比GXOIP
| Q4 25 | 0.88× | 0.60× | ||
| Q3 25 | 0.74× | 0.52× | ||
| Q2 25 | 0.88× | 0.52× | ||
| Q1 25 | 0.89× | 0.51× | ||
| Q4 24 | 0.84× | 0.66× | ||
| Q3 24 | 0.82× | 0.62× | ||
| Q2 24 | 0.88× | 0.62× | ||
| Q1 24 | 0.53× | 0.66× |
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 | $170.0M | $905.0M |
| 自由现金流经营现金流 - 资本支出 | $115.0M | $255.0M |
| 自由现金流率自由现金流/营收 | 3.3% | 5.4% |
| 资本支出强度资本支出/营收 | 1.6% | 13.7% |
| 现金转化率经营现金流/净利润 | 3.95× | — |
| 过去12个月自由现金流最近4个季度 | $110.0M | $-159.0M |
8季度趋势，按日历期对齐
经营现金流GXOIP
| Q4 25 | $170.0M | $905.0M | ||
| Q3 25 | $232.0M | $605.0M | ||
| Q2 25 | $3.0M | $476.0M | ||
| Q1 25 | $29.0M | $-288.0M | ||
| Q4 24 | $186.0M | $397.0M | ||
| Q3 24 | $198.0M | $521.0M | ||
| Q2 24 | $115.0M | $365.0M | ||
| Q1 24 | $50.0M | $395.0M |
自由现金流GXOIP
| Q4 25 | $115.0M | $255.0M | ||
| Q3 25 | $88.0M | $150.0M | ||
| Q2 25 | $-44.0M | $54.0M | ||
| Q1 25 | $-49.0M | $-618.0M | ||
| Q4 24 | $82.0M | $137.0M | ||
| Q3 24 | $104.0M | $309.0M | ||
| Q2 24 | $27.0M | $167.0M | ||
| Q1 24 | $-23.0M | $144.0M |
自由现金流率GXOIP
| Q4 25 | 3.3% | 5.4% | ||
| Q3 25 | 2.6% | 2.4% | ||
| Q2 25 | -1.3% | 0.8% | ||
| Q1 25 | -1.6% | -10.5% | ||
| Q4 24 | 2.5% | 3.0% | ||
| Q3 24 | 3.3% | 6.6% | ||
| Q2 24 | 0.9% | 3.5% | ||
| Q1 24 | -0.9% | 3.1% |
资本支出强度GXOIP
| Q4 25 | 1.6% | 13.7% | ||
| Q3 25 | 4.2% | 7.3% | ||
| Q2 25 | 1.4% | 6.2% | ||
| Q1 25 | 2.6% | 5.6% | ||
| Q4 24 | 3.2% | 5.7% | ||
| Q3 24 | 3.0% | 4.5% | ||
| Q2 24 | 3.1% | 4.2% | ||
| Q1 24 | 3.0% | 5.4% |
现金转化率GXOIP
| Q4 25 | 3.95× | — | ||
| Q3 25 | 3.93× | — | ||
| Q2 25 | 0.12× | 6.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.86× | — | ||
| Q3 24 | 6.00× | 3.47× | ||
| Q2 24 | 3.03× | 0.73× | ||
| Q1 24 | — | 7.05× |
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
GXO
暂无分部数据
IP
| Other | $2.4B | 52% |
| DS Smith Packaging | $2.3B | 48% |
