vs
贝宝（PYPL）与Ross Stores（ROST）财务数据对比。点击上方公司名可切换其他公司
贝宝的季度营收约是Ross Stores的1.5倍（$8.7B vs $5.6B），贝宝净利率更高（16.6% vs 9.1%，领先7.4%），Ross Stores同比增速更快（10.4% vs 3.7%），贝宝自由现金流更多（$2.2B vs $617.8M），过去两年贝宝的营收复合增速更高（6.2% vs -3.6%）
贝宝控股（PayPal Holdings, Inc.）是美国跨国金融科技企业，在全球多数支持线上转账的国家运营在线支付系统，可作为支票、汇票等传统纸质支付方式的电子替代选项，同时为线上商户、拍卖网站及各类商业用户提供支付处理服务。
Ross Stores, Inc.是美国知名折扣百货连锁集团，旗下核心品牌为Ross Dress for Less，总部位于加利福尼亚州都柏林，是美国规模最大的平价零售商。截至2024年7月，集团在全美43个州、华盛顿特区、波多黎各及关岛共运营1795家门店，暂未覆盖新英格兰地区及阿拉斯加，另拥有门店数超353家的折扣零售品牌DD's Discounts。
PYPL vs ROST — 直观对比
营收规模更大
PYPL
是对方的1.5倍
$5.6B
营收增速更快
ROST
高出6.7%
3.7%
净利率更高
PYPL
高出7.4%
9.1%
自由现金流更多
PYPL
多$1.6B
$617.8M
两年增速更快
PYPL
近两年复合增速
-3.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $8.7B | $5.6B |
| 净利润 | $1.4B | $511.9M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 17.4% | 11.6% |
| 净利率 | 16.6% | 9.1% |
| 营收同比 | 3.7% | 10.4% |
| 净利润同比 | 28.2% | 4.7% |
| 每股收益（稀释后） | $1.53 | $1.58 |
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PYPLROST
| Q4 25 | $8.7B | $5.6B | ||
| Q3 25 | $8.4B | $5.5B | ||
| Q2 25 | $8.3B | $5.0B | ||
| Q1 25 | $7.8B | $5.9B | ||
| Q4 24 | $8.4B | $5.1B | ||
| Q3 24 | $7.8B | $5.3B | ||
| Q2 24 | $7.9B | $4.9B | ||
| Q1 24 | $7.7B | $6.0B |
净利润PYPLROST
| Q4 25 | $1.4B | $511.9M | ||
| Q3 25 | $1.2B | $508.0M | ||
| Q2 25 | $1.3B | $479.2M | ||
| Q1 25 | $1.3B | $586.8M | ||
| Q4 24 | $1.1B | $488.8M | ||
| Q3 24 | $1.0B | $527.1M | ||
| Q2 24 | $1.1B | $488.0M | ||
| Q1 24 | $888.0M | $609.7M |
毛利率PYPLROST
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 27.6% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 26.5% | ||
| Q4 24 | — | 28.3% | ||
| Q3 24 | — | 28.3% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | 27.3% |
营业利润率PYPLROST
| Q4 25 | 17.4% | 11.6% | ||
| Q3 25 | 18.1% | 11.5% | ||
| Q2 25 | 18.1% | 12.2% | ||
| Q1 25 | 19.6% | 12.4% | ||
| Q4 24 | 17.2% | 11.9% | ||
| Q3 24 | 17.7% | 12.5% | ||
| Q2 24 | 16.8% | 12.2% | ||
| Q1 24 | 15.2% | 13.2% |
净利率PYPLROST
| Q4 25 | 16.6% | 9.1% | ||
| Q3 25 | 14.8% | 9.2% | ||
| Q2 25 | 15.2% | 9.6% | ||
| Q1 25 | 16.5% | 9.9% | ||
| Q4 24 | 13.4% | 9.6% | ||
| Q3 24 | 12.9% | 10.0% | ||
| Q2 24 | 14.3% | 10.0% | ||
| Q1 24 | 11.5% | 10.1% |
每股收益（稀释后）PYPLROST
| Q4 25 | $1.53 | $1.58 | ||
| Q3 25 | $1.30 | $1.56 | ||
| Q2 25 | $1.29 | $1.47 | ||
| Q1 25 | $1.29 | $1.79 | ||
| Q4 24 | $1.09 | $1.48 | ||
| Q3 24 | $0.99 | $1.59 | ||
| Q2 24 | $1.08 | $1.46 | ||
| Q1 24 | $0.83 | $1.82 |
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 | $10.4B | $4.1B |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | $20.3B | $5.9B |
| 总资产 | $80.2B | $15.4B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资PYPLROST
| Q4 25 | $10.4B | $4.1B | ||
| Q3 25 | $10.8B | $3.8B | ||
| Q2 25 | $10.0B | $3.8B | ||
| Q1 25 | $11.2B | $4.7B | ||
| Q4 24 | $10.8B | $4.3B | ||
| Q3 24 | $11.9B | $4.7B | ||
| Q2 24 | $13.6B | $4.7B | ||
| Q1 24 | $14.3B | $4.9B |
总债务PYPLROST
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.5B |
股东权益PYPLROST
| Q4 25 | $20.3B | $5.9B | ||
| Q3 25 | $20.2B | $5.7B | ||
| Q2 25 | $20.2B | $5.6B | ||
| Q1 25 | $20.3B | $5.5B | ||
| Q4 24 | $20.4B | $5.3B | ||
| Q3 24 | $20.2B | $5.1B | ||
| Q2 24 | $20.6B | $4.9B | ||
| Q1 24 | $20.7B | $4.9B |
总资产PYPLROST
| Q4 25 | $80.2B | $15.4B | ||
| Q3 25 | $79.8B | $14.5B | ||
| Q2 25 | $79.8B | $14.3B | ||
| Q1 25 | $81.3B | $14.9B | ||
| Q4 24 | $81.6B | $14.9B | ||
| Q3 24 | $83.5B | $14.7B | ||
| Q2 24 | $84.0B | $14.5B | ||
| Q1 24 | $83.3B | $14.3B |
负债/权益比PYPLROST
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | — | 0.51× |
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 | $2.4B | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $2.2B | $617.8M |
| 自由现金流率自由现金流/营收 | 25.2% | 11.0% |
| 资本支出强度资本支出/营收 | 2.2% | 3.7% |
| 现金转化率经营现金流/净利润 | 1.66× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $5.6B | $2.0B |
8季度趋势，按日历期对齐
经营现金流PYPLROST
| Q4 25 | $2.4B | $827.1M | ||
| Q3 25 | $2.0B | $668.4M | ||
| Q2 25 | $898.0M | $409.7M | ||
| Q1 25 | $1.2B | $882.6M | ||
| Q4 24 | $2.4B | $513.4M | ||
| Q3 24 | $1.6B | $592.1M | ||
| Q2 24 | $1.5B | $368.9M | ||
| Q1 24 | $1.9B | $948.8M |
自由现金流PYPLROST
| Q4 25 | $2.2B | $617.8M | ||
| Q3 25 | $1.7B | $466.6M | ||
| Q2 25 | $692.0M | $202.3M | ||
| Q1 25 | $964.0M | $676.6M | ||
| Q4 24 | $2.2B | $333.0M | ||
| Q3 24 | $1.4B | $394.6M | ||
| Q2 24 | $1.4B | $232.7M | ||
| Q1 24 | $1.8B | $726.4M |
自由现金流率PYPLROST
| Q4 25 | 25.2% | 11.0% | ||
| Q3 25 | 20.4% | 8.4% | ||
| Q2 25 | 8.3% | 4.1% | ||
| Q1 25 | 12.4% | 11.4% | ||
| Q4 24 | 26.2% | 6.6% | ||
| Q3 24 | 18.4% | 7.5% | ||
| Q2 24 | 17.3% | 4.8% | ||
| Q1 24 | 22.9% | 12.1% |
资本支出强度PYPLROST
| Q4 25 | 2.2% | 3.7% | ||
| Q3 25 | 3.0% | 3.6% | ||
| Q2 25 | 2.5% | 4.2% | ||
| Q1 25 | 2.5% | 3.5% | ||
| Q4 24 | 2.4% | 3.6% | ||
| Q3 24 | 2.2% | 3.7% | ||
| Q2 24 | 2.0% | 2.8% | ||
| Q1 24 | 2.0% | 3.7% |
现金转化率PYPLROST
| Q4 25 | 1.66× | 1.62× | ||
| Q3 25 | 1.58× | 1.32× | ||
| Q2 25 | 0.71× | 0.85× | ||
| Q1 25 | 0.90× | 1.50× | ||
| Q4 24 | 2.14× | 1.05× | ||
| Q3 24 | 1.60× | 1.12× | ||
| Q2 24 | 1.35× | 0.76× | ||
| Q1 24 | 2.16× | 1.56× |
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
PYPL
| US | $4.9B | 57% |
| Non Us | $3.7B | 43% |
ROST
暂无分部数据
