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ICAHN ENTERPRISES L.P.（IEP）与SONIC AUTOMOTIVE INC（SAH）财务数据对比。点击上方公司名可切换其他公司
SONIC AUTOMOTIVE INC的季度营收约是ICAHN ENTERPRISES L.P.的1.4倍（$3.9B vs $2.7B），SONIC AUTOMOTIVE INC净利率更高（1.2% vs 0.0%，领先1.2%），ICAHN ENTERPRISES L.P.同比增速更快（5.4% vs -0.6%），SONIC AUTOMOTIVE INC自由现金流更多（$-195.6M vs $-496.0M），过去两年SONIC AUTOMOTIVE INC的营收复合增速更高（7.0% vs 4.5%）
伊坎企业有限合伙企业是美国上市的 Master 有限合伙企业与多元化集团，总部位于佛罗里达州阳光岛海滩的弥尔顿大厦。公司投资布局覆盖能源、汽车、食品包装、金属、房地产、家居时尚等多个领域，由知名投资人卡尔·伊坎控股，其持股比例达86%。
Sonic Automotive是财富世界500强企业，总部位于北卡罗来纳州夏洛特，按营收计算是美国第五大汽车零售商。公司由O·布鲁顿·史密斯创立，1997年在纽约证券交易所完成首次公开募股。
IEP vs SAH — 直观对比
营收规模更大
SAH
是对方的1.4倍
$2.7B
营收增速更快
IEP
高出6.0%
-0.6%
净利率更高
SAH
高出1.2%
0.0%
自由现金流更多
SAH
多$300.4M
$-496.0M
两年增速更快
SAH
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $3.9B |
| 净利润 | $1.0M | $46.9M |
| 毛利率 | — | 15.5% |
| 营业利润率 | 0.6% | 3.2% |
| 净利率 | 0.0% | 1.2% |
| 营收同比 | 5.4% | -0.6% |
| 净利润同比 | 101.0% | -20.0% |
| 每股收益（稀释后） | — | $1.39 |
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IEPSAH
| Q4 25 | $2.7B | $3.9B | ||
| Q3 25 | $2.7B | $4.0B | ||
| Q2 25 | $2.4B | $3.7B | ||
| Q1 25 | $1.9B | $3.7B | ||
| Q4 24 | $2.6B | $3.9B | ||
| Q3 24 | $2.8B | $3.5B | ||
| Q2 24 | $2.2B | $3.5B | ||
| Q1 24 | $2.5B | $3.4B |
净利润IEPSAH
| Q4 25 | $1.0M | $46.9M | ||
| Q3 25 | $287.0M | $46.8M | ||
| Q2 25 | $-165.0M | $-45.6M | ||
| Q1 25 | $-422.0M | $70.6M | ||
| Q4 24 | $-98.0M | $58.6M | ||
| Q3 24 | $22.0M | $74.2M | ||
| Q2 24 | $-331.0M | $41.2M | ||
| Q1 24 | $-38.0M | $42.0M |
毛利率IEPSAH
| Q4 25 | — | 15.5% | ||
| Q3 25 | — | 15.5% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | 14.7% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | — | 15.6% | ||
| Q1 24 | — | 15.8% |
营业利润率IEPSAH
| Q4 25 | 0.6% | 3.2% | ||
| Q3 25 | 19.7% | 3.1% | ||
| Q2 25 | -10.4% | -0.6% | ||
| Q1 25 | -35.0% | 4.0% | ||
| Q4 24 | -5.2% | 3.4% | ||
| Q3 24 | 2.4% | 3.3% | ||
| Q2 24 | -21.9% | 3.1% | ||
| Q1 24 | -0.8% | 3.2% |
净利率IEPSAH
| Q4 25 | 0.0% | 1.2% | ||
| Q3 25 | 10.5% | 1.2% | ||
| Q2 25 | -7.0% | -1.2% | ||
| Q1 25 | -22.6% | 1.9% | ||
| Q4 24 | -3.8% | 1.5% | ||
| Q3 24 | 0.8% | 2.1% | ||
| Q2 24 | -15.0% | 1.2% | ||
| Q1 24 | -1.5% | 1.2% |
每股收益（稀释后）IEPSAH
| Q4 25 | — | $1.39 | ||
| Q3 25 | — | $1.33 | ||
| Q2 25 | — | $-1.34 | ||
| Q1 25 | — | $2.04 | ||
| Q4 24 | — | $1.67 | ||
| Q3 24 | — | $2.13 | ||
| Q2 24 | — | $1.18 | ||
| Q1 24 | — | $1.20 |
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 | $1.4B | $6.3M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | — | $1.1B |
| 总资产 | $14.2B | $6.0B |
| 负债/权益比越低杠杆越低 | — | 1.51× |
8季度趋势，按日历期对齐
现金及短期投资IEPSAH
| Q4 25 | $1.4B | $6.3M | ||
| Q3 25 | $1.8B | $89.4M | ||
| Q2 25 | $1.8B | $110.4M | ||
| Q1 25 | $2.2B | $64.6M | ||
| Q4 24 | $2.6B | $44.0M | ||
| Q3 24 | $2.3B | $17.6M | ||
| Q2 24 | $2.2B | $67.2M | ||
| Q1 24 | $2.5B | $15.1M |
总债务IEPSAH
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.7B |
股东权益IEPSAH
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $944.7M | ||
| Q1 24 | — | $904.4M |
总资产IEPSAH
| Q4 25 | $14.2B | $6.0B | ||
| Q3 25 | $14.8B | $6.0B | ||
| Q2 25 | $14.8B | $5.9B | ||
| Q1 25 | $15.5B | $5.9B | ||
| Q4 24 | $16.3B | $5.9B | ||
| Q3 24 | $17.4B | $5.8B | ||
| Q2 24 | $18.0B | $5.8B | ||
| Q1 24 | $20.1B | $5.4B |
负债/权益比IEPSAH
| Q4 25 | — | 1.51× | ||
| Q3 25 | — | 1.39× | ||
| Q2 25 | — | 1.48× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 1.49× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.81× | ||
| Q1 24 | — | 1.83× |
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 | $-421.0M | $66.9M |
| 自由现金流经营现金流 - 资本支出 | $-496.0M | $-195.6M |
| 自由现金流率自由现金流/营收 | -18.4% | -5.1% |
| 资本支出强度资本支出/营收 | 2.8% | 6.8% |
| 现金转化率经营现金流/净利润 | -421.00× | 1.43× |
| 过去12个月自由现金流最近4个季度 | $-654.0M | $192.3M |
8季度趋势，按日历期对齐
经营现金流IEPSAH
| Q4 25 | $-421.0M | $66.9M | ||
| Q3 25 | $15.0M | $167.9M | ||
| Q2 25 | $275.0M | $136.8M | ||
| Q1 25 | $-182.0M | $195.8M | ||
| Q4 24 | $244.0M | $87.7M | ||
| Q3 24 | $-54.0M | $87.8M | ||
| Q2 24 | $893.0M | $-136.4M | ||
| Q1 24 | $-251.0M | $70.1M |
自由现金流IEPSAH
| Q4 25 | $-496.0M | $-195.6M | ||
| Q3 25 | $-67.0M | $134.4M | ||
| Q2 25 | $179.0M | $102.7M | ||
| Q1 25 | $-270.0M | $150.8M | ||
| Q4 24 | $156.0M | $-245.5M | ||
| Q3 24 | $-112.0M | $34.5M | ||
| Q2 24 | $827.0M | $-185.2M | ||
| Q1 24 | $-319.0M | $26.3M |
自由现金流率IEPSAH
| Q4 25 | -18.4% | -5.1% | ||
| Q3 25 | -2.5% | 3.4% | ||
| Q2 25 | 7.6% | 2.8% | ||
| Q1 25 | -14.5% | 4.1% | ||
| Q4 24 | 6.1% | -6.3% | ||
| Q3 24 | -4.0% | 1.0% | ||
| Q2 24 | 37.6% | -5.4% | ||
| Q1 24 | -12.9% | 0.8% |
资本支出强度IEPSAH
| Q4 25 | 2.8% | 6.8% | ||
| Q3 25 | 3.0% | 0.8% | ||
| Q2 25 | 4.1% | 0.9% | ||
| Q1 25 | 4.7% | 1.2% | ||
| Q4 24 | 3.4% | 8.6% | ||
| Q3 24 | 2.1% | 1.5% | ||
| Q2 24 | 3.0% | 1.4% | ||
| Q1 24 | 2.8% | 1.3% |
现金转化率IEPSAH
| Q4 25 | -421.00× | 1.43× | ||
| Q3 25 | 0.05× | 3.59× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.77× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | -2.45× | 1.18× | ||
| Q2 24 | — | -3.31× | ||
| Q1 24 | — | 1.67× |
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
IEP
| Public Utilities Inventory Petroleum Products | $1.6B | 61% |
| Other | $381.0M | 14% |
| Automotive Services | $345.0M | 13% |
| Nitrogen Fertilizer Products | $131.0M | 5% |
| Food Packaging Segment | $82.0M | 3% |
| Home Fashion Segment | $45.0M | 2% |
| Renewable Products | $32.0M | 1% |
| Pharma Segment | $23.0M | 1% |
| Holding Company | $11.0M | 0% |
SAH
| Retail New Vehicles | $1.9B | 48% |
| Other | $1.2B | 31% |
| Parts Serviceand Collision Repair | $515.2M | 13% |
| Finance Insurance And Other Net | $202.2M | 5% |
| Wholesale Vehicles | $63.9M | 2% |
| Fleet New Vehicles | $24.0M | 1% |
