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艾奕康（ACM）与AES Corporation（AES）财务数据对比。点击上方公司名可切换其他公司
艾奕康的季度营收约是AES Corporation的1.2倍（$3.8B vs $3.1B），AES Corporation净利率更高（10.3% vs 1.9%，领先8.4%），AES Corporation同比增速更快（4.7% vs 1.6%），艾奕康自由现金流更多（$41.9M vs $-47.0M），过去两年AES Corporation的营收复合增速更高（0.3% vs -1.4%）
AECOM是一家总部位于美国得克萨斯州达拉斯的跨国基础设施咨询企业，业务覆盖全球多地区，为交通、建筑、水务、能源等多个领域的工程项目提供专业规划、设计、项目管理等一体化咨询解决方案，在全球基建咨询行业拥有领先的市场地位。
AES公司是美国知名公用事业及发电企业，总部位于弗吉尼亚州阿灵顿，位列《财富》全球500强。集团在全球15个国家运营电力生产及分销业务，持有并运营多座发电厂，向终端用户、公用事业机构、工业设施等客户售电，全球员工总数达10500人。
ACM vs AES — 直观对比
营收规模更大
ACM
是对方的1.2倍
$3.1B
营收增速更快
AES
高出3.1%
1.6%
净利率更高
AES
高出8.4%
1.9%
自由现金流更多
ACM
多$88.9M
$-47.0M
两年增速更快
AES
近两年复合增速
-1.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.1B |
| 净利润 | $74.5M | $320.0M |
| 毛利率 | 7.3% | 18.8% |
| 营业利润率 | 5.8% | -8.7% |
| 净利率 | 1.9% | 10.3% |
| 营收同比 | 1.6% | 4.7% |
| 净利润同比 | -48.0% | -42.9% |
| 每股收益（稀释后） | $0.56 | $0.45 |
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ACMAES
| Q1 26 | $3.8B | — | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | $4.2B | $3.4B | ||
| Q2 25 | $4.2B | $2.9B | ||
| Q1 25 | $3.8B | $2.9B | ||
| Q4 24 | $4.0B | $3.0B | ||
| Q3 24 | $4.1B | $3.3B | ||
| Q2 24 | $4.2B | $2.9B |
净利润ACMAES
| Q1 26 | $74.5M | — | ||
| Q4 25 | — | $320.0M | ||
| Q3 25 | $120.4M | $639.0M | ||
| Q2 25 | $131.0M | $-95.0M | ||
| Q1 25 | $143.4M | $46.0M | ||
| Q4 24 | $167.0M | $560.0M | ||
| Q3 24 | $172.5M | $502.0M | ||
| Q2 24 | $134.3M | $185.0M |
毛利率ACMAES
| Q1 26 | 7.3% | — | ||
| Q4 25 | — | 18.8% | ||
| Q3 25 | 7.9% | 21.9% | ||
| Q2 25 | 7.8% | 15.9% | ||
| Q1 25 | 7.7% | 15.1% | ||
| Q4 24 | 6.7% | 14.2% | ||
| Q3 24 | 7.2% | 22.0% | ||
| Q2 24 | 6.9% | 18.8% |
营业利润率ACMAES
| Q1 26 | 5.8% | — | ||
| Q4 25 | — | -8.7% | ||
| Q3 25 | 5.7% | 9.8% | ||
| Q2 25 | 7.0% | 1.4% | ||
| Q1 25 | 6.8% | -0.8% | ||
| Q4 24 | 5.9% | 12.3% | ||
| Q3 24 | 5.8% | 10.0% | ||
| Q2 24 | 5.5% | -2.6% |
净利率ACMAES
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 10.3% | ||
| Q3 25 | 2.9% | 19.1% | ||
| Q2 25 | 3.1% | -3.3% | ||
| Q1 25 | 3.8% | 1.6% | ||
| Q4 24 | 4.2% | 18.9% | ||
| Q3 24 | 4.2% | 15.3% | ||
| Q2 24 | 3.2% | 6.3% |
每股收益（稀释后）ACMAES
| Q1 26 | $0.56 | — | ||
| Q4 25 | — | $0.45 | ||
| Q3 25 | $0.90 | $0.89 | ||
| Q2 25 | $0.98 | $-0.15 | ||
| Q1 25 | $1.08 | $0.07 | ||
| Q4 24 | $1.25 | $0.78 | ||
| Q3 24 | $1.27 | $0.71 | ||
| Q2 24 | $0.98 | $0.27 |
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 | $1.2B | $1.6B |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $2.2B | $4.1B |
| 总资产 | $11.9B | $51.8B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资ACMAES
| Q1 26 | $1.2B | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | $1.6B | $1.8B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.6B | $2.0B | ||
| Q2 24 | $1.6B | $1.8B |
总债务ACMAES
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.5B | — |
股东权益ACMAES
| Q1 26 | $2.2B | — | ||
| Q4 25 | — | $4.1B | ||
| Q3 25 | $2.5B | $3.9B | ||
| Q2 25 | $2.5B | $3.4B | ||
| Q1 25 | $2.3B | $3.5B | ||
| Q4 24 | $2.2B | $3.6B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.3B | $3.1B |
总资产ACMAES
| Q1 26 | $11.9B | — | ||
| Q4 25 | — | $51.8B | ||
| Q3 25 | $12.2B | $50.8B | ||
| Q2 25 | $12.3B | $48.5B | ||
| Q1 25 | $11.8B | $48.6B | ||
| Q4 24 | $11.8B | $47.4B | ||
| Q3 24 | $12.1B | $50.1B | ||
| Q2 24 | $12.0B | $47.7B |
负债/权益比ACMAES
| Q1 26 | 1.18× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 1.06× | — | ||
| Q2 25 | 0.99× | — | ||
| Q1 25 | 1.07× | — | ||
| Q4 24 | 1.11× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.07× | — |
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 | $70.2M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $41.9M | $-47.0M |
| 自由现金流率自由现金流/营收 | 1.1% | -1.5% |
| 资本支出强度资本支出/营收 | 0.7% | 49.5% |
| 现金转化率经营现金流/净利润 | 0.94× | 4.65× |
| 过去12个月自由现金流最近4个季度 | $616.0M | $-1.6B |
8季度趋势，按日历期对齐
经营现金流ACMAES
| Q1 26 | $70.2M | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | $196.1M | $1.3B | ||
| Q2 25 | $283.7M | $976.0M | ||
| Q1 25 | $190.7M | $545.0M | ||
| Q4 24 | $151.1M | $1.1B | ||
| Q3 24 | $298.8M | $985.0M | ||
| Q2 24 | $291.3M | $392.0M |
自由现金流ACMAES
| Q1 26 | $41.9M | — | ||
| Q4 25 | — | $-47.0M | ||
| Q3 25 | $134.1M | $-511.0M | ||
| Q2 25 | $261.7M | $-356.0M | ||
| Q1 25 | $178.3M | $-709.0M | ||
| Q4 24 | $110.9M | $-639.0M | ||
| Q3 24 | $274.5M | $-847.0M | ||
| Q2 24 | $272.8M | $-1.3B |
自由现金流率ACMAES
| Q1 26 | 1.1% | — | ||
| Q4 25 | — | -1.5% | ||
| Q3 25 | 3.2% | -15.2% | ||
| Q2 25 | 6.3% | -12.5% | ||
| Q1 25 | 4.7% | -24.2% | ||
| Q4 24 | 2.8% | -21.6% | ||
| Q3 24 | 6.7% | -25.8% | ||
| Q2 24 | 6.6% | -43.9% |
资本支出强度ACMAES
| Q1 26 | 0.7% | — | ||
| Q4 25 | — | 49.5% | ||
| Q3 25 | 1.5% | 54.0% | ||
| Q2 25 | 0.5% | 46.7% | ||
| Q1 25 | 0.3% | 42.9% | ||
| Q4 24 | 1.0% | 58.3% | ||
| Q3 24 | 0.6% | 55.7% | ||
| Q2 24 | 0.4% | 57.3% |
现金转化率ACMAES
| Q1 26 | 0.94× | — | ||
| Q4 25 | — | 4.65× | ||
| Q3 25 | 1.63× | 2.03× | ||
| Q2 25 | 2.17× | — | ||
| Q1 25 | 1.33× | 11.85× | ||
| Q4 24 | 0.90× | 1.94× | ||
| Q3 24 | 1.73× | 1.96× | ||
| Q2 24 | 2.17× | 2.12× |
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
ACM
暂无分部数据
AES
| Electric Distribution | $1.0B | 33% |
| Regulated Revenue | $1.0B | 33% |
| Renewables | $786.0M | 25% |
| AES Andes | $225.0M | 7% |
| Corporate Other And Other | $38.0M | 1% |
| Other Expense | $10.0M | 0% |
