vs
埃森哲（ACN）与FUELCELL ENERGY INC（FCEL）财务数据对比。点击上方公司名可切换其他公司
埃森哲的季度营收约是FUELCELL ENERGY INC的328.0倍（$18.0B vs $55.0M）。埃森哲净利率更高（10.1% vs -54.3%，领先64.4%）。FUELCELL ENERGY INC同比增速更快（11.5% vs 8.3%）。埃森哲自由现金流更多（$3.7B vs $-23.9M）。过去两年FUELCELL ENERGY INC的营收复合增速更高（81.6% vs 4.7%）
埃森哲是总部位于爱尔兰都柏林的科技咨询企业，成立于1989年，业务覆盖全球120个国家和地区，面向各行业客户提供信息技术、管理咨询等专业服务，助力企业优化运营效率、实现数字化升级。
燃料电池能源公司是一家上市燃料电池企业，总部位于美国康涅狄格州丹伯里，公司主打基于熔融碳酸盐燃料电池技术的发电站业务，从事相关产品的设计、生产，同时还提供发电站运营及相关技术服务。
ACN vs FCEL — 直观对比
营收规模更大
ACN
是对方的328.0倍
$55.0M
营收增速更快
FCEL
高出3.2%
8.3%
净利率更高
ACN
高出64.4%
-54.3%
自由现金流更多
ACN
多$3.7B
$-23.9M
两年增速更快
FCEL
近两年复合增速
4.7%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $18.0B | $55.0M |
| 净利润 | $1.8B | $-29.9M |
| 毛利率 | 30.3% | -12.1% |
| 营业利润率 | 13.8% | -51.5% |
| 净利率 | 10.1% | -54.3% |
| 营收同比 | 8.3% | 11.5% |
| 净利润同比 | 2.1% | 27.9% |
| 每股收益（稀释后） | $2.93 | $-0.43 |
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ACNFCEL
| Q1 26 | $18.0B | — | ||
| Q4 25 | $18.7B | $55.0M | ||
| Q3 25 | $17.6B | $46.7M | ||
| Q2 25 | $17.7B | $37.4M | ||
| Q1 25 | $16.7B | $19.0M | ||
| Q4 24 | $17.7B | $49.3M | ||
| Q3 24 | $16.4B | $23.7M | ||
| Q2 24 | $16.5B | $22.4M |
净利润ACNFCEL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.2B | $-29.9M | ||
| Q3 25 | $1.4B | $-91.7M | ||
| Q2 25 | $2.2B | $-38.0M | ||
| Q1 25 | $1.8B | $-28.3M | ||
| Q4 24 | $2.3B | $-41.4M | ||
| Q3 24 | $1.7B | $-32.7M | ||
| Q2 24 | $1.9B | $-32.1M |
毛利率ACNFCEL
| Q1 26 | 30.3% | — | ||
| Q4 25 | 33.1% | -12.1% | ||
| Q3 25 | 31.9% | -11.0% | ||
| Q2 25 | 32.9% | -25.2% | ||
| Q1 25 | 29.9% | -27.4% | ||
| Q4 24 | 32.9% | -22.1% | ||
| Q3 24 | 32.5% | -26.2% | ||
| Q2 24 | 33.4% | -31.6% |
营业利润率ACNFCEL
| Q1 26 | 13.8% | — | ||
| Q4 25 | 15.3% | -51.5% | ||
| Q3 25 | 11.6% | -204.0% | ||
| Q2 25 | 16.8% | -95.7% | ||
| Q1 25 | 13.5% | -172.9% | ||
| Q4 24 | 16.7% | -83.2% | ||
| Q3 24 | 14.3% | -141.9% | ||
| Q2 24 | 16.0% | -184.5% |
净利率ACNFCEL
| Q1 26 | 10.1% | — | ||
| Q4 25 | 11.8% | -54.3% | ||
| Q3 25 | 8.0% | -196.1% | ||
| Q2 25 | 12.4% | -101.7% | ||
| Q1 25 | 10.7% | -149.1% | ||
| Q4 24 | 12.9% | -84.0% | ||
| Q3 24 | 10.3% | -137.8% | ||
| Q2 24 | 11.7% | -143.4% |
每股收益（稀释后）ACNFCEL
| Q1 26 | $2.93 | — | ||
| Q4 25 | $3.54 | $-0.43 | ||
| Q3 25 | $2.25 | $-3.78 | ||
| Q2 25 | $3.49 | $-1.79 | ||
| Q1 25 | $2.82 | $-1.42 | ||
| Q4 24 | $3.59 | $-2.29 | ||
| Q3 24 | $2.67 | $-1.99 | ||
| Q2 24 | $3.04 | $-2.18 |
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 | $9.4B | $278.1M |
| 总债务越低越好 | $5.0B | $103.8M |
| 股东权益账面价值 | $31.2B | $662.2M |
| 总资产 | $67.1B | $932.1M |
| 负债/权益比越低杠杆越低 | 0.16× | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资ACNFCEL
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $278.1M | ||
| Q3 25 | $11.5B | $174.7M | ||
| Q2 25 | $9.6B | $177.0M | ||
| Q1 25 | $8.5B | $208.4M | ||
| Q4 24 | $8.3B | $257.3M | ||
| Q3 24 | $5.0B | $267.2M | ||
| Q2 24 | $5.5B | $260.1M |
总债务ACNFCEL
| Q1 26 | $5.0B | — | ||
| Q4 25 | $5.0B | $103.8M | ||
| Q3 25 | $5.0B | $106.4M | ||
| Q2 25 | $5.0B | $109.4M | ||
| Q1 25 | $5.0B | $112.3M | ||
| Q4 24 | $5.0B | $115.7M | ||
| Q3 24 | $78.6M | $112.7M | ||
| Q2 24 | $68.9M | $116.2M |
股东权益ACNFCEL
| Q1 26 | $31.2B | — | ||
| Q4 25 | $30.9B | $662.2M | ||
| Q3 25 | $31.2B | $556.2M | ||
| Q2 25 | $30.6B | $609.2M | ||
| Q1 25 | $29.2B | $635.2M | ||
| Q4 24 | $29.2B | $656.9M | ||
| Q3 24 | $28.3B | $675.8M | ||
| Q2 24 | $27.7B | $639.8M |
总资产ACNFCEL
| Q1 26 | $67.1B | — | ||
| Q4 25 | $64.7B | $932.1M | ||
| Q3 25 | $65.4B | $830.5M | ||
| Q2 25 | $63.4B | $883.8M | ||
| Q1 25 | $59.9B | $907.5M | ||
| Q4 24 | $59.9B | $944.1M | ||
| Q3 24 | $55.9B | $948.9M | ||
| Q2 24 | $54.1B | $916.8M |
负债/权益比ACNFCEL
| Q1 26 | 0.16× | — | ||
| Q4 25 | 0.16× | 0.16× | ||
| Q3 25 | 0.16× | 0.19× | ||
| Q2 25 | 0.16× | 0.18× | ||
| Q1 25 | 0.17× | 0.18× | ||
| Q4 24 | 0.17× | 0.18× | ||
| Q3 24 | 0.00× | 0.17× | ||
| Q2 24 | 0.00× | 0.18× |
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 | $3.8B | $-22.9M |
| 自由现金流经营现金流 - 资本支出 | $3.7B | $-23.9M |
| 自由现金流率自由现金流/营收 | 20.3% | -43.4% |
| 资本支出强度资本支出/营收 | 0.8% | 1.8% |
| 现金转化率经营现金流/净利润 | 2.09× | — |
| 过去12个月自由现金流最近4个季度 | $12.5B | $-143.9M |
8季度趋势，按日历期对齐
经营现金流ACNFCEL
| Q1 26 | $3.8B | — | ||
| Q4 25 | $1.7B | $-22.9M | ||
| Q3 25 | $3.9B | $-26.8M | ||
| Q2 25 | $3.7B | $-29.9M | ||
| Q1 25 | $2.9B | $-45.7M | ||
| Q4 24 | $1.0B | $5.8M | ||
| Q3 24 | $3.4B | $-63.4M | ||
| Q2 24 | $3.1B | $-37.1M |
自由现金流ACNFCEL
| Q1 26 | $3.7B | — | ||
| Q4 25 | $1.5B | $-23.9M | ||
| Q3 25 | $3.8B | $-32.1M | ||
| Q2 25 | $3.5B | $-35.2M | ||
| Q1 25 | $2.7B | $-52.8M | ||
| Q4 24 | $870.3M | $-4.7M | ||
| Q3 24 | $3.2B | $-76.8M | ||
| Q2 24 | $3.0B | $-50.3M |
自由现金流率ACNFCEL
| Q1 26 | 20.3% | — | ||
| Q4 25 | 8.0% | -43.4% | ||
| Q3 25 | 21.6% | -68.6% | ||
| Q2 25 | 19.8% | -94.0% | ||
| Q1 25 | 16.1% | -277.8% | ||
| Q4 24 | 4.9% | -9.5% | ||
| Q3 24 | 19.4% | -324.0% | ||
| Q2 24 | 18.3% | -224.5% |
资本支出强度ACNFCEL
| Q1 26 | 0.8% | — | ||
| Q4 25 | 0.8% | 1.8% | ||
| Q3 25 | 0.6% | 11.2% | ||
| Q2 25 | 1.0% | 14.1% | ||
| Q1 25 | 1.0% | 37.2% | ||
| Q4 24 | 0.9% | 21.4% | ||
| Q3 24 | 1.3% | 56.6% | ||
| Q2 24 | 0.8% | 58.9% |
现金转化率ACNFCEL
| Q1 26 | 2.09× | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | 2.77× | — | ||
| Q2 25 | 1.68× | — | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | 2.01× | — | ||
| Q2 24 | 1.63× | — |
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
ACN
| Products | $5.5B | 30% |
| Health And Public Service | $3.7B | 20% |
| Financial Services Sector | $3.4B | 19% |
| Communications Media And Technology | $3.1B | 17% |
| Resources | $2.4B | 13% |
FCEL
| Other | $30.0M | 55% |
| Electricity Generation | $12.2M | 22% |
| Services | $7.3M | 13% |
| Advanced Technologies | $5.5M | 10% |
