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Trade Desk (The)（TTD）与UNIVERSAL CORP（UVV）财务数据对比。点击上方公司名可切换其他公司
UNIVERSAL CORP的季度营收约是Trade Desk (The)的1.0倍（$853.2M vs $846.8M），Trade Desk (The)净利率更高（22.1% vs 3.9%，领先18.2%），Trade Desk (The)同比增速更快（14.3% vs -8.1%），Trade Desk (The)自由现金流更多（$285.3M vs $95.1M），过去两年Trade Desk (The)的营收复合增速更高（31.3% vs 6.2%）
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
环球技术学院（UTI）是美国一家营利性私立技术院校体系，由罗伯特·斯威特于1965年创立，专注于为全美各地学生提供专业职业技术教育培训。
TTD vs UVV — 直观对比
营收规模更大
UVV
是对方的1.0倍
$846.8M
营收增速更快
TTD
高出22.3%
-8.1%
净利率更高
TTD
高出18.2%
3.9%
自由现金流更多
TTD
多$190.2M
$95.1M
两年增速更快
TTD
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $846.8M | $853.2M |
| 净利润 | $186.9M | $33.2M |
| 毛利率 | 80.7% | 17.8% |
| 营业利润率 | 30.3% | 9.6% |
| 净利率 | 22.1% | 3.9% |
| 营收同比 | 14.3% | -8.1% |
| 净利润同比 | 2.6% | -44.2% |
| 每股收益（稀释后） | $0.39 | $1.32 |
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TTDUVV
| Q4 25 | $846.8M | $853.2M | ||
| Q3 25 | $739.4M | $749.4M | ||
| Q2 25 | $694.0M | $592.6M | ||
| Q1 25 | $616.0M | $690.2M | ||
| Q4 24 | $741.0M | $928.0M | ||
| Q3 24 | $628.0M | $708.4M | ||
| Q2 24 | $584.5M | $596.4M | ||
| Q1 24 | $491.3M | $756.3M |
净利润TTDUVV
| Q4 25 | $186.9M | $33.2M | ||
| Q3 25 | $115.5M | $34.2M | ||
| Q2 25 | $90.1M | $8.5M | ||
| Q1 25 | $50.7M | $9.3M | ||
| Q4 24 | $182.2M | $59.6M | ||
| Q3 24 | $94.2M | $25.9M | ||
| Q2 24 | $85.0M | $130.0K | ||
| Q1 24 | $31.7M | $40.3M |
毛利率TTDUVV
| Q4 25 | 80.7% | 17.8% | ||
| Q3 25 | 78.1% | 18.0% | ||
| Q2 25 | 78.2% | 19.1% | ||
| Q1 25 | 76.8% | 15.1% | ||
| Q4 24 | 81.7% | 19.9% | ||
| Q3 24 | 80.5% | 19.9% | ||
| Q2 24 | 81.1% | 16.0% | ||
| Q1 24 | 78.9% | 18.0% |
营业利润率TTDUVV
| Q4 25 | 30.3% | 9.6% | ||
| Q3 25 | 21.8% | 9.0% | ||
| Q2 25 | 16.8% | 5.7% | ||
| Q1 25 | 8.8% | 6.2% | ||
| Q4 24 | 26.4% | 11.2% | ||
| Q3 24 | 17.3% | 9.7% | ||
| Q2 24 | 16.2% | 2.9% | ||
| Q1 24 | 5.8% | 9.0% |
净利率TTDUVV
| Q4 25 | 22.1% | 3.9% | ||
| Q3 25 | 15.6% | 4.6% | ||
| Q2 25 | 13.0% | 1.4% | ||
| Q1 25 | 8.2% | 1.4% | ||
| Q4 24 | 24.6% | 6.4% | ||
| Q3 24 | 15.0% | 3.7% | ||
| Q2 24 | 14.5% | 0.0% | ||
| Q1 24 | 6.4% | 5.3% |
每股收益（稀释后）TTDUVV
| Q4 25 | $0.39 | $1.32 | ||
| Q3 25 | $0.23 | $1.36 | ||
| Q2 25 | $0.18 | $0.34 | ||
| Q1 25 | $0.10 | $0.37 | ||
| Q4 24 | $0.36 | $2.37 | ||
| Q3 24 | $0.19 | $1.03 | ||
| Q2 24 | $0.17 | $0.01 | ||
| Q1 24 | $0.06 | $1.62 |
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 | $1.3B | $85.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.5B | $1.5B |
| 总资产 | $6.2B | $3.0B |
| 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TTDUVV
| Q4 25 | $1.3B | $85.2M | ||
| Q3 25 | $1.4B | $88.7M | ||
| Q2 25 | $1.7B | $178.4M | ||
| Q1 25 | $1.7B | $260.1M | ||
| Q4 24 | $1.9B | $215.1M | ||
| Q3 24 | $1.7B | $80.1M | ||
| Q2 24 | $1.5B | $101.7M | ||
| Q1 24 | $1.4B | $55.6M |
股东权益TTDUVV
| Q4 25 | $2.5B | $1.5B | ||
| Q3 25 | $2.6B | $1.5B | ||
| Q2 25 | $2.7B | $1.5B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $2.9B | $1.5B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.2B | $1.4B |
总资产TTDUVV
| Q4 25 | $6.2B | $3.0B | ||
| Q3 25 | $5.9B | $3.1B | ||
| Q2 25 | $6.0B | $3.2B | ||
| Q1 25 | $5.7B | $3.0B | ||
| Q4 24 | $6.1B | $3.0B | ||
| Q3 24 | $5.5B | $3.0B | ||
| Q2 24 | $5.2B | $3.0B | ||
| Q1 24 | $4.7B | $2.9B |
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 | $311.6M | $114.3M |
| 自由现金流经营现金流 - 资本支出 | $285.3M | $95.1M |
| 自由现金流率自由现金流/营收 | 33.7% | 11.1% |
| 资本支出强度资本支出/营收 | 3.1% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.67× | 3.44× |
| 过去12个月自由现金流最近4个季度 | $795.7M | $52.7M |
8季度趋势，按日历期对齐
经营现金流TTDUVV
| Q4 25 | $311.6M | $114.3M | ||
| Q3 25 | $224.7M | $32.7M | ||
| Q2 25 | $165.0M | $-205.1M | ||
| Q1 25 | $291.4M | $158.7M | ||
| Q4 24 | $199.4M | $215.6M | ||
| Q3 24 | $273.3M | $15.0M | ||
| Q2 24 | $81.3M | $-62.4M | ||
| Q1 24 | $185.5M | $-27.9M |
自由现金流TTDUVV
| Q4 25 | $285.3M | $95.1M | ||
| Q3 25 | $158.3M | $23.7M | ||
| Q2 25 | $119.8M | $-217.2M | ||
| Q1 25 | $232.3M | $151.0M | ||
| Q4 24 | $179.2M | $199.6M | ||
| Q3 24 | $224.6M | $-1.0M | ||
| Q2 24 | $59.1M | $-85.2M | ||
| Q1 24 | $178.2M | $-46.2M |
自由现金流率TTDUVV
| Q4 25 | 33.7% | 11.1% | ||
| Q3 25 | 21.4% | 3.2% | ||
| Q2 25 | 17.3% | -36.6% | ||
| Q1 25 | 37.7% | 21.9% | ||
| Q4 24 | 24.2% | 21.5% | ||
| Q3 24 | 35.8% | -0.1% | ||
| Q2 24 | 10.1% | -14.3% | ||
| Q1 24 | 36.3% | -6.1% |
资本支出强度TTDUVV
| Q4 25 | 3.1% | 2.3% | ||
| Q3 25 | 9.0% | 1.2% | ||
| Q2 25 | 6.5% | 2.0% | ||
| Q1 25 | 9.6% | 1.1% | ||
| Q4 24 | 2.7% | 1.7% | ||
| Q3 24 | 7.8% | 2.3% | ||
| Q2 24 | 3.8% | 3.8% | ||
| Q1 24 | 1.5% | 2.4% |
现金转化率TTDUVV
| Q4 25 | 1.67× | 3.44× | ||
| Q3 25 | 1.94× | 0.96× | ||
| Q2 25 | 1.83× | -24.14× | ||
| Q1 25 | 5.75× | 17.00× | ||
| Q4 24 | 1.09× | 3.62× | ||
| Q3 24 | 2.90× | 0.58× | ||
| Q2 24 | 0.96× | -480.34× | ||
| Q1 24 | 5.86× | -0.69× |
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
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
UVV
| Tobacco Operations | $779.9M | 91% |
| Service Other | $36.7M | 4% |
| Other | $17.8M | 2% |
