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万事达卡（MA）与O’Reilly Automotive（ORLY）财务数据对比。点击上方公司名可切换其他公司
万事达卡的季度营收约是O’Reilly Automotive的2.0倍（$8.8B vs $4.4B），万事达卡净利率更高（46.1% vs 13.7%，领先32.4%），万事达卡同比增速更快（17.6% vs 7.8%），万事达卡自由现金流更多（$4.9B vs $364.5M），过去两年万事达卡的营收复合增速更高（17.8% vs 5.4%）
万事达卡是总部位于美国纽约帕切斯的跨国支付卡服务企业，核心业务为处理商户收单银行与持卡人发卡机构之间的支付交易，同时提供旗下品牌借记卡、信用卡、预付卡及相关配套支付服务，服务网络覆盖全球，于2006年公开上市。
O'Reilly Automotive是美国汽车配件零售企业，旗下主打O'Reilly Auto Parts品牌，1957年由奥莱利家族创立。公司面向专业汽修服务商及DIY车主供应汽车零部件、工具、耗材、设备及周边配件，目前在全美48州、波多黎各、墨西哥、加拿大共运营超过6400家门店。
MA vs ORLY — 直观对比
营收规模更大
MA
是对方的2.0倍
$4.4B
营收增速更快
MA
高出9.8%
7.8%
净利率更高
MA
高出32.4%
13.7%
自由现金流更多
MA
多$4.5B
$364.5M
两年增速更快
MA
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.8B | $4.4B |
| 净利润 | $4.1B | $605.2M |
| 毛利率 | — | 51.8% |
| 营业利润率 | 55.8% | 18.8% |
| 净利率 | 46.1% | 13.7% |
| 营收同比 | 17.6% | 7.8% |
| 净利润同比 | 21.5% | 9.8% |
| 每股收益（稀释后） | $4.52 | $-8.01 |
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MAORLY
| Q4 25 | $8.8B | $4.4B | ||
| Q3 25 | $8.6B | $4.7B | ||
| Q2 25 | $8.1B | $4.5B | ||
| Q1 25 | $7.3B | $4.1B | ||
| Q4 24 | $7.5B | $4.1B | ||
| Q3 24 | $7.4B | $4.4B | ||
| Q2 24 | $7.0B | $4.3B | ||
| Q1 24 | $6.3B | $4.0B |
净利润MAORLY
| Q4 25 | $4.1B | $605.2M | ||
| Q3 25 | $3.9B | $725.9M | ||
| Q2 25 | $3.7B | $668.6M | ||
| Q1 25 | $3.3B | $538.5M | ||
| Q4 24 | $3.3B | $551.1M | ||
| Q3 24 | $3.3B | $665.5M | ||
| Q2 24 | $3.3B | $622.8M | ||
| Q1 24 | $3.0B | $547.2M |
毛利率MAORLY
| Q4 25 | — | 51.8% | ||
| Q3 25 | — | 51.9% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 51.3% | ||
| Q4 24 | — | 51.3% | ||
| Q3 24 | — | 51.6% | ||
| Q2 24 | — | 50.7% | ||
| Q1 24 | — | 51.2% |
营业利润率MAORLY
| Q4 25 | 55.8% | 18.8% | ||
| Q3 25 | 58.8% | 20.7% | ||
| Q2 25 | 58.7% | 20.2% | ||
| Q1 25 | 57.2% | 17.9% | ||
| Q4 24 | 52.6% | 18.0% | ||
| Q3 24 | 54.3% | 20.5% | ||
| Q2 24 | 58.0% | 20.2% | ||
| Q1 24 | 56.8% | 18.9% |
净利率MAORLY
| Q4 25 | 46.1% | 13.7% | ||
| Q3 25 | 45.7% | 15.4% | ||
| Q2 25 | 45.5% | 14.8% | ||
| Q1 25 | 45.2% | 13.0% | ||
| Q4 24 | 44.6% | 13.5% | ||
| Q3 24 | 44.3% | 15.2% | ||
| Q2 24 | 46.8% | 14.6% | ||
| Q1 24 | 47.4% | 13.8% |
每股收益（稀释后）MAORLY
| Q4 25 | $4.52 | $-8.01 | ||
| Q3 25 | $4.34 | $0.85 | ||
| Q2 25 | $4.07 | $0.78 | ||
| Q1 25 | $3.59 | $9.35 | ||
| Q4 24 | $3.64 | $9.50 | ||
| Q3 24 | $3.53 | $11.41 | ||
| Q2 24 | $3.50 | $10.55 | ||
| Q1 24 | $3.22 | $9.20 |
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 | $10.6B | $193.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.7B | $-763.4M |
| 总资产 | $54.2B | $16.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MAORLY
| Q4 25 | $10.6B | $193.8M | ||
| Q3 25 | $10.3B | $204.5M | ||
| Q2 25 | $9.0B | $198.6M | ||
| Q1 25 | $7.6B | $191.2M | ||
| Q4 24 | $8.4B | $130.2M | ||
| Q3 24 | $11.1B | $115.6M | ||
| Q2 24 | $7.0B | $145.0M | ||
| Q1 24 | $7.3B | $89.3M |
股东权益MAORLY
| Q4 25 | $7.7B | $-763.4M | ||
| Q3 25 | $7.9B | $-894.7M | ||
| Q2 25 | $7.9B | $-1.2B | ||
| Q1 25 | $6.7B | $-1.4B | ||
| Q4 24 | $6.5B | $-1.4B | ||
| Q3 24 | $7.4B | $-1.4B | ||
| Q2 24 | $7.4B | $-1.6B | ||
| Q1 24 | $7.2B | $-1.4B |
总资产MAORLY
| Q4 25 | $54.2B | $16.5B | ||
| Q3 25 | $53.3B | $16.3B | ||
| Q2 25 | $51.4B | $15.8B | ||
| Q1 25 | $48.5B | $15.3B | ||
| Q4 24 | $48.1B | $14.9B | ||
| Q3 24 | $47.2B | $14.6B | ||
| Q2 24 | $42.3B | $14.4B | ||
| Q1 24 | $42.6B | $14.2B |
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 | $5.0B | $633.5M |
| 自由现金流经营现金流 - 资本支出 | $4.9B | $364.5M |
| 自由现金流率自由现金流/营收 | 55.5% | 8.3% |
| 资本支出强度资本支出/营收 | 1.3% | 6.1% |
| 现金转化率经营现金流/净利润 | 1.23× | 1.05× |
| 过去12个月自由现金流最近4个季度 | $17.2B | $1.6B |
8季度趋势，按日历期对齐
经营现金流MAORLY
| Q4 25 | $5.0B | $633.5M | ||
| Q3 25 | $5.7B | $616.5M | ||
| Q2 25 | $4.6B | $756.8M | ||
| Q1 25 | $2.4B | $755.1M | ||
| Q4 24 | $4.8B | $624.5M | ||
| Q3 24 | $5.1B | $772.0M | ||
| Q2 24 | $3.1B | $948.9M | ||
| Q1 24 | $1.7B | $704.2M |
自由现金流MAORLY
| Q4 25 | $4.9B | $364.5M | ||
| Q3 25 | $5.5B | $304.4M | ||
| Q2 25 | $4.6B | $456.1M | ||
| Q1 25 | $2.2B | $468.2M | ||
| Q4 24 | $4.7B | $334.0M | ||
| Q3 24 | $5.0B | $513.7M | ||
| Q2 24 | $3.0B | $723.5M | ||
| Q1 24 | $1.5B | $455.0M |
自由现金流率MAORLY
| Q4 25 | 55.5% | 8.3% | ||
| Q3 25 | 63.8% | 6.5% | ||
| Q2 25 | 56.1% | 10.1% | ||
| Q1 25 | 30.6% | 11.3% | ||
| Q4 24 | 63.3% | 8.2% | ||
| Q3 24 | 68.2% | 11.8% | ||
| Q2 24 | 43.4% | 16.9% | ||
| Q1 24 | 23.9% | 11.4% |
资本支出强度MAORLY
| Q4 25 | 1.3% | 6.1% | ||
| Q3 25 | 2.1% | 6.6% | ||
| Q2 25 | 0.5% | 6.6% | ||
| Q1 25 | 2.2% | 6.9% | ||
| Q4 24 | 1.3% | 7.1% | ||
| Q3 24 | 1.5% | 5.9% | ||
| Q2 24 | 1.7% | 5.3% | ||
| Q1 24 | 2.5% | 6.3% |
现金转化率MAORLY
| Q4 25 | 1.23× | 1.05× | ||
| Q3 25 | 1.44× | 0.85× | ||
| Q2 25 | 1.24× | 1.13× | ||
| Q1 25 | 0.73× | 1.40× | ||
| Q4 24 | 1.45× | 1.13× | ||
| Q3 24 | 1.57× | 1.16× | ||
| Q2 24 | 0.96× | 1.52× | ||
| Q1 24 | 0.56× | 1.29× |
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
MA
| Payment Network | $4.9B | 56% |
| Value Added Services And Solutions | $3.9B | 44% |
ORLY
| DIY Customer | $2.2B | 49% |
| Professional Service Provider Customer | $2.1B | 49% |
| Other Customers And Sales Adjustments | $84.4M | 2% |
