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美国铝业公司（AA）与PEABODY ENERGY CORP（BTU）财务数据对比。点击上方公司名可切换其他公司
美国铝业公司的季度营收约是PEABODY ENERGY CORP的3.4倍（$3.4B vs $1.0B），美国铝业公司净利率更高（6.2% vs 1.2%，领先5.0%），美国铝业公司同比增速更快（-1.1% vs -9.0%），过去两年美国铝业公司的营收复合增速更高（15.2% vs 1.9%）
美国铝业公司是美国大型工业企业，为全球规模领先的铝生产商之一，业务布局覆盖10个国家，涵盖铝土矿开采、氧化铝精炼、原铝冶炼、铝制品加工及铝回收利用全产业链，产品广泛应用于全球各工业领域。
皮博迪能源是总部位于美国密苏里州圣路易斯的煤炭开采企业，核心业务涵盖煤炭的开采、销售与配送，产品主要供应给发电和炼钢领域。公司还通过中国、澳大利亚及美国的办公网点开展煤炭的营销、经纪和贸易业务。
AA vs BTU — 直观对比
营收规模更大
AA
是对方的3.4倍
$1.0B
营收增速更快
AA
高出7.9%
-9.0%
净利率更高
AA
高出5.0%
1.2%
两年增速更快
AA
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $1.0B |
| 净利润 | $213.0M | $12.4M |
| 毛利率 | — | — |
| 营业利润率 | 2.0% | 0.8% |
| 净利率 | 6.2% | 1.2% |
| 营收同比 | -1.1% | -9.0% |
| 净利润同比 | 5.4% | -67.2% |
| 每股收益（稀释后） | $0.80 | $0.11 |
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AABTU
| Q4 25 | $3.4B | $1.0B | ||
| Q3 25 | $3.0B | $1.0B | ||
| Q2 25 | $3.0B | $890.1M | ||
| Q1 25 | $3.4B | $937.0M | ||
| Q4 24 | $3.5B | $1.1B | ||
| Q3 24 | $2.9B | $1.1B | ||
| Q2 24 | $2.9B | $1.0B | ||
| Q1 24 | $2.6B | $983.6M |
净利润AABTU
| Q4 25 | $213.0M | $12.4M | ||
| Q3 25 | $232.0M | $-70.1M | ||
| Q2 25 | $164.0M | $-27.6M | ||
| Q1 25 | $548.0M | $34.4M | ||
| Q4 24 | $202.0M | $37.8M | ||
| Q3 24 | $90.0M | $101.3M | ||
| Q2 24 | $20.0M | $199.4M | ||
| Q1 24 | $-252.0M | $39.6M |
营业利润率AABTU
| Q4 25 | 2.0% | 0.8% | ||
| Q3 25 | 5.6% | -8.0% | ||
| Q2 25 | 5.3% | -4.3% | ||
| Q1 25 | 19.8% | 3.4% | ||
| Q4 24 | 9.7% | 3.6% | ||
| Q3 24 | 6.3% | 11.0% | ||
| Q2 24 | 3.2% | 22.4% | ||
| Q1 24 | -12.5% | 5.2% |
净利率AABTU
| Q4 25 | 6.2% | 1.2% | ||
| Q3 25 | 7.7% | -6.9% | ||
| Q2 25 | 5.4% | -3.1% | ||
| Q1 25 | 16.3% | 3.7% | ||
| Q4 24 | 5.8% | 3.4% | ||
| Q3 24 | 3.1% | 9.3% | ||
| Q2 24 | 0.7% | 19.1% | ||
| Q1 24 | -9.7% | 4.0% |
每股收益（稀释后）AABTU
| Q4 25 | $0.80 | $0.11 | ||
| Q3 25 | $0.88 | $-0.58 | ||
| Q2 25 | $0.62 | $-0.23 | ||
| Q1 25 | $2.07 | $0.27 | ||
| Q4 24 | $1.18 | $0.25 | ||
| Q3 24 | $0.38 | $0.74 | ||
| Q2 24 | $0.11 | $1.42 | ||
| Q1 24 | $-1.41 | $0.29 |
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 | $1.6B | $575.3M |
| 总债务越低越好 | $2.4B | $321.2M |
| 股东权益账面价值 | $6.1B | $3.5B |
| 总资产 | $16.1B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.40× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资AABTU
| Q4 25 | $1.6B | $575.3M | ||
| Q3 25 | $1.5B | $603.3M | ||
| Q2 25 | $1.5B | $585.9M | ||
| Q1 25 | $1.2B | $696.5M | ||
| Q4 24 | $1.1B | $700.4M | ||
| Q3 24 | $1.3B | $772.9M | ||
| Q2 24 | $1.4B | $621.7M | ||
| Q1 24 | $1.4B | $855.7M |
总债务AABTU
| Q4 25 | $2.4B | $321.2M | ||
| Q3 25 | $2.6B | $321.8M | ||
| Q2 25 | $2.6B | $329.2M | ||
| Q1 25 | $2.6B | $331.2M | ||
| Q4 24 | $2.5B | $332.3M | ||
| Q3 24 | $2.5B | $323.7M | ||
| Q2 24 | $2.5B | $323.2M | ||
| Q1 24 | $2.5B | $323.3M |
股东权益AABTU
| Q4 25 | $6.1B | $3.5B | ||
| Q3 25 | $6.3B | $3.5B | ||
| Q2 25 | $6.1B | $3.6B | ||
| Q1 25 | $5.8B | $3.7B | ||
| Q4 24 | $5.2B | $3.7B | ||
| Q3 24 | $5.3B | $3.6B | ||
| Q2 24 | $3.9B | $3.7B | ||
| Q1 24 | $4.0B | $3.5B |
总资产AABTU
| Q4 25 | $16.1B | $5.8B | ||
| Q3 25 | $16.0B | $5.7B | ||
| Q2 25 | $15.0B | $5.8B | ||
| Q1 25 | $14.6B | $5.8B | ||
| Q4 24 | $14.1B | $6.0B | ||
| Q3 24 | $14.5B | $5.9B | ||
| Q2 24 | $14.3B | $5.9B | ||
| Q1 24 | $14.3B | $5.7B |
负债/权益比AABTU
| Q4 25 | 0.40× | 0.09× | ||
| Q3 25 | 0.41× | 0.09× | ||
| Q2 25 | 0.42× | 0.09× | ||
| Q1 25 | 0.44× | 0.09× | ||
| Q4 24 | 0.48× | 0.09× | ||
| Q3 24 | 0.47× | 0.09× | ||
| Q2 24 | 0.63× | 0.09× | ||
| Q1 24 | 0.62× | 0.09× |
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 | $537.0M | $68.6M |
| 自由现金流经营现金流 - 资本支出 | $294.0M | — |
| 自由现金流率自由现金流/营收 | 8.5% | — |
| 资本支出强度资本支出/营收 | 7.0% | — |
| 现金转化率经营现金流/净利润 | 2.52× | 5.53× |
| 过去12个月自由现金流最近4个季度 | $567.0M | — |
8季度趋势，按日历期对齐
经营现金流AABTU
| Q4 25 | $537.0M | $68.6M | ||
| Q3 25 | $85.0M | $122.0M | ||
| Q2 25 | $488.0M | $23.2M | ||
| Q1 25 | $75.0M | $119.9M | ||
| Q4 24 | $415.0M | $119.8M | ||
| Q3 24 | $143.0M | $359.9M | ||
| Q2 24 | $287.0M | $7.8M | ||
| Q1 24 | $-223.0M | $119.0M |
自由现金流AABTU
| Q4 25 | $294.0M | — | ||
| Q3 25 | $-66.0M | — | ||
| Q2 25 | $357.0M | — | ||
| Q1 25 | $-18.0M | — | ||
| Q4 24 | $246.0M | — | ||
| Q3 24 | $-3.0M | — | ||
| Q2 24 | $123.0M | — | ||
| Q1 24 | $-324.0M | — |
自由现金流率AABTU
| Q4 25 | 8.5% | — | ||
| Q3 25 | -2.2% | — | ||
| Q2 25 | 11.8% | — | ||
| Q1 25 | -0.5% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | -0.1% | — | ||
| Q2 24 | 4.2% | — | ||
| Q1 24 | -12.5% | — |
资本支出强度AABTU
| Q4 25 | 7.0% | — | ||
| Q3 25 | 5.0% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 5.6% | — | ||
| Q1 24 | 3.9% | — |
现金转化率AABTU
| Q4 25 | 2.52× | 5.53× | ||
| Q3 25 | 0.37× | — | ||
| Q2 25 | 2.98× | — | ||
| Q1 25 | 0.14× | 3.49× | ||
| Q4 24 | 2.05× | 3.17× | ||
| Q3 24 | 1.59× | 3.55× | ||
| Q2 24 | 14.35× | 0.04× | ||
| Q1 24 | — | 3.01× |
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
AA
| Aluminum | $2.5B | 72% |
| Third Party Sales | $979.0M | 28% |
BTU
| Seaborne Metallurgical Mining | $305.4M | 30% |
| Powder River Basin Mining | $300.3M | 29% |
| Seaborne Thermal Mining | $205.6M | 20% |
| Other | $182.1M | 18% |
| Thermal Coal | $28.9M | 3% |
