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TJX Companies（TJX）与优步（UBER）财务数据对比。点击上方公司名可切换其他公司
TJX Companies的季度营收约是优步的1.1倍（$15.1B vs $14.4B），TJX Companies净利率更高（9.5% vs 2.1%，领先7.5%），优步同比增速更快（20.1% vs 7.5%），优步自由现金流更多（$2.8B vs $1.0B），过去两年优步的营收复合增速更高（19.1% vs -4.0%）
TJX Companies是美国跨国折扣百货零售集团，总部位于马萨诸塞州弗雷明汉。1987年作为Zayre集团的子公司成立，1989年完成企业重组后成为Zayre集团的法定承继主体，是全球折扣零售行业的领先企业，业务布局覆盖全球多个主要市场。
优步是总部位于美国加利福尼亚州旧金山的跨国出行科技企业，核心业务涵盖网约车、快递、食品配送及货运服务，业务覆盖全球约70个国家和15000座城市，是全球规模最大的共享出行平台，月活用户超1.8亿，活跃司机及配送员超600万。
TJX vs UBER — 直观对比
营收规模更大
TJX
是对方的1.1倍
$14.4B
营收增速更快
UBER
高出12.6%
7.5%
净利率更高
TJX
高出7.5%
2.1%
自由现金流更多
UBER
多$1.8B
$1.0B
两年增速更快
UBER
近两年复合增速
-4.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $15.1B | $14.4B |
| 净利润 | $1.4B | $296.0M |
| 毛利率 | 32.6% | — |
| 营业利润率 | — | 12.3% |
| 净利率 | 9.5% | 2.1% |
| 营收同比 | 7.5% | 20.1% |
| 净利润同比 | 11.2% | -95.7% |
| 每股收益（稀释后） | $1.28 | $0.16 |
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TJXUBER
| Q4 25 | $15.1B | $14.4B | ||
| Q3 25 | $14.4B | $13.5B | ||
| Q2 25 | $13.1B | $12.7B | ||
| Q1 25 | $16.4B | $11.5B | ||
| Q4 24 | $14.1B | $12.0B | ||
| Q3 24 | $13.5B | $11.2B | ||
| Q2 24 | $12.5B | $10.7B | ||
| Q1 24 | $16.4B | $10.1B |
净利润TJXUBER
| Q4 25 | $1.4B | $296.0M | ||
| Q3 25 | $1.2B | $6.6B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.3B | $6.9B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $1.1B | $1.0B | ||
| Q1 24 | $1.4B | $-654.0M |
毛利率TJXUBER
| Q4 25 | 32.6% | — | ||
| Q3 25 | 30.7% | — | ||
| Q2 25 | 29.5% | — | ||
| Q1 25 | 30.5% | — | ||
| Q4 24 | 31.6% | — | ||
| Q3 24 | 30.4% | — | ||
| Q2 24 | 30.0% | — | ||
| Q1 24 | 29.8% | — |
营业利润率TJXUBER
| Q4 25 | — | 12.3% | ||
| Q3 25 | — | 8.3% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | 11.6% | 10.6% | ||
| Q4 24 | 12.3% | 6.4% | ||
| Q3 24 | 10.9% | 9.5% | ||
| Q2 24 | 11.1% | 7.4% | ||
| Q1 24 | 11.2% | 1.7% |
净利率TJXUBER
| Q4 25 | 9.5% | 2.1% | ||
| Q3 25 | 8.6% | 49.2% | ||
| Q2 25 | 7.9% | 10.7% | ||
| Q1 25 | 8.6% | 15.4% | ||
| Q4 24 | 9.2% | 57.6% | ||
| Q3 24 | 8.2% | 23.3% | ||
| Q2 24 | 8.6% | 9.5% | ||
| Q1 24 | 8.5% | -6.5% |
每股收益（稀释后）TJXUBER
| Q4 25 | $1.28 | $0.16 | ||
| Q3 25 | $1.10 | $3.11 | ||
| Q2 25 | $0.92 | $0.63 | ||
| Q1 25 | $1.23 | $0.83 | ||
| Q4 24 | $1.14 | $3.21 | ||
| Q3 24 | $0.96 | $1.20 | ||
| Q2 24 | $0.93 | $0.47 | ||
| Q1 24 | $1.22 | $-0.32 |
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 | $4.6B | $7.6B |
| 总债务越低越好 | — | $10.6B |
| 股东权益账面价值 | $9.4B | $27.0B |
| 总资产 | $35.2B | $61.8B |
| 负债/权益比越低杠杆越低 | — | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资TJXUBER
| Q4 25 | $4.6B | $7.6B | ||
| Q3 25 | $4.6B | $9.1B | ||
| Q2 25 | $4.3B | $7.4B | ||
| Q1 25 | $5.3B | $6.0B | ||
| Q4 24 | $4.7B | $7.0B | ||
| Q3 24 | $5.3B | $9.1B | ||
| Q2 24 | $5.1B | $6.3B | ||
| Q1 24 | $5.6B | $5.8B |
总债务TJXUBER
| Q4 25 | — | $10.6B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $9.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益TJXUBER
| Q4 25 | $9.4B | $27.0B | ||
| Q3 25 | $8.9B | $28.1B | ||
| Q2 25 | $8.5B | $22.6B | ||
| Q1 25 | $8.4B | $22.0B | ||
| Q4 24 | $8.2B | $21.6B | ||
| Q3 24 | $7.8B | $14.8B | ||
| Q2 24 | $7.5B | $12.3B | ||
| Q1 24 | $7.3B | $11.1B |
总资产TJXUBER
| Q4 25 | $35.2B | $61.8B | ||
| Q3 25 | $32.9B | $63.3B | ||
| Q2 25 | $31.9B | $56.0B | ||
| Q1 25 | $31.7B | $52.8B | ||
| Q4 24 | $32.4B | $51.2B | ||
| Q3 24 | $30.6B | $47.1B | ||
| Q2 24 | $29.7B | $41.5B | ||
| Q1 24 | $29.7B | $39.6B |
负债/权益比TJXUBER
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $1.5B | $2.9B |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $2.8B |
| 自由现金流率自由现金流/营收 | 6.6% | 19.5% |
| 资本支出强度资本支出/营收 | 3.5% | 0.5% |
| 现金转化率经营现金流/净利润 | 1.06× | 9.74× |
| 过去12个月自由现金流最近4个季度 | $4.4B | $9.8B |
8季度趋势，按日历期对齐
经营现金流TJXUBER
| Q4 25 | $1.5B | $2.9B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $394.0M | $2.6B | ||
| Q1 25 | $2.7B | $2.3B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $737.0M | $1.8B | ||
| Q1 24 | $2.8B | $1.4B |
自由现金流TJXUBER
| Q4 25 | $1.0B | $2.8B | ||
| Q3 25 | $1.3B | $2.2B | ||
| Q2 25 | $-103.0M | $2.5B | ||
| Q1 25 | $2.2B | $2.3B | ||
| Q4 24 | $624.0M | $1.7B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $318.0M | $1.7B | ||
| Q1 24 | $2.4B | $1.4B |
自由现金流率TJXUBER
| Q4 25 | 6.6% | 19.5% | ||
| Q3 25 | 9.2% | 16.6% | ||
| Q2 25 | -0.8% | 19.6% | ||
| Q1 25 | 13.4% | 19.5% | ||
| Q4 24 | 4.4% | 14.3% | ||
| Q3 24 | 7.9% | 18.9% | ||
| Q2 24 | 2.5% | 16.1% | ||
| Q1 24 | 14.4% | 13.4% |
资本支出强度TJXUBER
| Q4 25 | 3.5% | 0.5% | ||
| Q3 25 | 3.2% | 0.7% | ||
| Q2 25 | 3.8% | 0.7% | ||
| Q1 25 | 3.1% | 0.6% | ||
| Q4 24 | 3.0% | 0.4% | ||
| Q3 24 | 4.2% | 0.4% | ||
| Q2 24 | 3.4% | 0.9% | ||
| Q1 24 | 2.7% | 0.6% |
现金转化率TJXUBER
| Q4 25 | 1.06× | 9.74× | ||
| Q3 25 | 1.44× | 0.35× | ||
| Q2 25 | 0.38× | 1.89× | ||
| Q1 25 | 1.93× | 1.31× | ||
| Q4 24 | 0.81× | 0.25× | ||
| Q3 24 | 1.48× | 0.82× | ||
| Q2 24 | 0.69× | 1.79× | ||
| Q1 24 | 2.00× | — |
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
TJX
| Marmaxx | $9.0B | 60% |
| Home Goods | $2.5B | 17% |
| TJX International | $2.0B | 14% |
| Tjx Canada | $1.5B | 10% |
UBER
| Mobility | $8.2B | 57% |
| Delivery | $4.9B | 34% |
| Freight | $1.3B | 9% |
