vs
优步（UBER）与淡水河谷（VALE）财务数据对比。点击上方公司名可切换其他公司
优步的季度营收约是淡水河谷的1.6倍（$14.4B vs $8.8B），淡水河谷净利率更高（24.3% vs 2.1%，领先22.2%），优步同比增速更快（20.1% vs -11.3%）
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。
淡水河谷是巴西跨国金属矿业集团，也是巴西大型物流运营商之一，为全球最大的铁矿石和镍生产商。其产品线还覆盖锰、铁合金、铜、铝土矿、钾肥、高岭土、钴等，同时运营水电站及铁路、船舶、港口组成的庞大物流网络保障产品运输。
UBER vs VALE — 直观对比
营收规模更大
UBER
是对方的1.6倍
$8.8B
营收增速更快
UBER
高出31.4%
-11.3%
净利率更高
VALE
高出22.2%
2.1%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $14.4B | $8.8B |
| 净利润 | $296.0M | $2.1B |
| 毛利率 | — | 30.9% |
| 营业利润率 | 12.3% | 22.8% |
| 净利率 | 2.1% | 24.3% |
| 营收同比 | 20.1% | -11.3% |
| 净利润同比 | -95.7% | -22.9% |
| 每股收益（稀释后） | $0.16 | $0.50 |
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UBERVALE
| Q4 25 | $14.4B | — | ||
| Q3 25 | $13.5B | — | ||
| Q2 25 | $12.7B | $8.8B | ||
| Q1 25 | $11.5B | — | ||
| Q4 24 | $12.0B | — | ||
| Q3 24 | $11.2B | — | ||
| Q2 24 | $10.7B | $9.9B | ||
| Q1 24 | $10.1B | — |
净利润UBERVALE
| Q4 25 | $296.0M | — | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $6.9B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $1.0B | $2.8B | ||
| Q1 24 | $-654.0M | — |
毛利率UBERVALE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 36.0% | ||
| Q1 24 | — | — |
营业利润率UBERVALE
| Q4 25 | 12.3% | — | ||
| Q3 25 | 8.3% | — | ||
| Q2 25 | 11.5% | 22.8% | ||
| Q1 25 | 10.6% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 9.5% | — | ||
| Q2 24 | 7.4% | 39.1% | ||
| Q1 24 | 1.7% | — |
净利率UBERVALE
| Q4 25 | 2.1% | — | ||
| Q3 25 | 49.2% | — | ||
| Q2 25 | 10.7% | 24.3% | ||
| Q1 25 | 15.4% | — | ||
| Q4 24 | 57.6% | — | ||
| Q3 24 | 23.3% | — | ||
| Q2 24 | 9.5% | 27.9% | ||
| Q1 24 | -6.5% | — |
每股收益（稀释后）UBERVALE
| Q4 25 | $0.16 | — | ||
| Q3 25 | $3.11 | — | ||
| Q2 25 | $0.63 | $0.50 | ||
| Q1 25 | $0.83 | — | ||
| Q4 24 | $3.21 | — | ||
| Q3 24 | $1.20 | — | ||
| Q2 24 | $0.47 | $0.65 | ||
| Q1 24 | $-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 | $7.6B | $5.5B |
| 总债务越低越好 | $10.6B | — |
| 股东权益账面价值 | $27.0B | $40.5B |
| 总资产 | $61.8B | $90.4B |
| 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UBERVALE
| Q4 25 | $7.6B | — | ||
| Q3 25 | $9.1B | — | ||
| Q2 25 | $7.4B | $5.5B | ||
| Q1 25 | $6.0B | — | ||
| Q4 24 | $7.0B | — | ||
| Q3 24 | $9.1B | — | ||
| Q2 24 | $6.3B | $6.5B | ||
| Q1 24 | $5.8B | — |
总债务UBERVALE
| Q4 25 | $10.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $9.6B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益UBERVALE
| Q4 25 | $27.0B | — | ||
| Q3 25 | $28.1B | — | ||
| Q2 25 | $22.6B | $40.5B | ||
| Q1 25 | $22.0B | — | ||
| Q4 24 | $21.6B | — | ||
| Q3 24 | $14.8B | — | ||
| Q2 24 | $12.3B | $38.4B | ||
| Q1 24 | $11.1B | — |
总资产UBERVALE
| Q4 25 | $61.8B | — | ||
| Q3 25 | $63.3B | — | ||
| Q2 25 | $56.0B | $90.4B | ||
| Q1 25 | $52.8B | — | ||
| Q4 24 | $51.2B | — | ||
| Q3 24 | $47.1B | — | ||
| Q2 24 | $41.5B | $86.6B | ||
| Q1 24 | $39.6B | — |
负债/权益比UBERVALE
| 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 | $2.9B | — |
| 自由现金流经营现金流 - 资本支出 | $2.8B | — |
| 自由现金流率自由现金流/营收 | 19.5% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 9.74× | — |
| 过去12个月自由现金流最近4个季度 | $9.8B | — |
8季度趋势，按日历期对齐
经营现金流UBERVALE
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.4B | — |
自由现金流UBERVALE
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | $1.4B | — |
自由现金流率UBERVALE
| Q4 25 | 19.5% | — | ||
| Q3 25 | 16.6% | — | ||
| Q2 25 | 19.6% | — | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 18.9% | — | ||
| Q2 24 | 16.1% | — | ||
| Q1 24 | 13.4% | — |
资本支出强度UBERVALE
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.6% | — |
现金转化率UBERVALE
| Q4 25 | 9.74× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.31× | — | ||
| Q4 24 | 0.25× | — | ||
| Q3 24 | 0.82× | — | ||
| Q2 24 | 1.79× | — | ||
| Q1 24 | — | — |
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
UBER
| Mobility | $8.2B | 57% |
| Delivery | $4.9B | 34% |
| Freight | $1.3B | 9% |
VALE
暂无分部数据
