vs
Ameren（AEE）与科慕（CC）财务数据对比。点击上方公司名可切换其他公司
Ameren的季度营收约是科慕的1.3倍（$1.8B vs $1.3B），Ameren净利率更高（14.2% vs -3.5%，领先17.7%），科慕同比增速更快（-2.1% vs -8.2%），科慕自由现金流更多（$92.0M vs $-54.0M），过去两年Ameren的营收复合增速更高（-0.9% vs -1.2%）
Ameren Corporation是美国公共事业控股企业，下设Ameren密苏里、伊利诺伊州配电、伊利诺伊州天然气、输电四大业务板块，主营受费率监管的发电、输电、配电业务，以及受监管的天然气输配业务，电力生产主要采用煤炭、核电等能源。
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
AEE vs CC — 直观对比
营收规模更大
AEE
是对方的1.3倍
$1.3B
营收增速更快
CC
高出6.1%
-8.2%
净利率更高
AEE
高出17.7%
-3.5%
自由现金流更多
CC
多$146.0M
$-54.0M
两年增速更快
AEE
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $253.0M | $-47.0M |
| 毛利率 | — | 11.7% |
| 营业利润率 | 20.2% | — |
| 净利率 | 14.2% | -3.5% |
| 营收同比 | -8.2% | -2.1% |
| 净利润同比 | 21.6% | -261.5% |
| 每股收益（稀释后） | $0.92 | $-0.32 |
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AEECC
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $2.7B | $1.5B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $1.9B | $1.4B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.8B | $1.4B |
净利润AEECC
| Q4 25 | $253.0M | $-47.0M | ||
| Q3 25 | $641.0M | $46.0M | ||
| Q2 25 | $277.0M | $-380.0M | ||
| Q1 25 | $290.0M | $-5.0M | ||
| Q4 24 | $208.0M | $-13.0M | ||
| Q3 24 | $457.0M | $-32.0M | ||
| Q2 24 | $260.0M | $60.0M | ||
| Q1 24 | $262.0M | $54.0M |
毛利率AEECC
| Q4 25 | — | 11.7% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | — | 17.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 19.4% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | — | 19.8% | ||
| Q1 24 | — | 20.9% |
营业利润率AEECC
| Q4 25 | 20.2% | — | ||
| Q3 25 | 30.6% | 2.5% | ||
| Q2 25 | 18.5% | -15.4% | ||
| Q1 25 | 20.5% | — | ||
| Q4 24 | 10.2% | -0.1% | ||
| Q3 24 | 27.0% | -2.1% | ||
| Q2 24 | 21.3% | 4.4% | ||
| Q1 24 | 20.4% | 5.1% |
净利率AEECC
| Q4 25 | 14.2% | -3.5% | ||
| Q3 25 | 23.7% | 3.1% | ||
| Q2 25 | 12.5% | -23.5% | ||
| Q1 25 | 13.8% | -0.4% | ||
| Q4 24 | 10.7% | -1.0% | ||
| Q3 24 | 21.0% | -2.1% | ||
| Q2 24 | 15.4% | 3.9% | ||
| Q1 24 | 14.4% | 4.0% |
每股收益（稀释后）AEECC
| Q4 25 | $0.92 | $-0.32 | ||
| Q3 25 | $2.35 | $0.31 | ||
| Q2 25 | $1.01 | $-2.53 | ||
| Q1 25 | $1.07 | $-0.03 | ||
| Q4 24 | $0.77 | $-0.07 | ||
| Q3 24 | $1.70 | $-0.22 | ||
| Q2 24 | $0.97 | $0.39 | ||
| Q1 24 | $0.98 | $0.36 |
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 | $13.0M | $670.0M |
| 总债务越低越好 | $19.4B | $4.1B |
| 股东权益账面价值 | $13.4B | $250.0M |
| 总资产 | $48.5B | $7.4B |
| 负债/权益比越低杠杆越低 | 1.45× | 16.40× |
8季度趋势，按日历期对齐
现金及短期投资AEECC
| Q4 25 | $13.0M | $670.0M | ||
| Q3 25 | $9.0M | $613.0M | ||
| Q2 25 | $11.0M | $502.0M | ||
| Q1 25 | $23.0M | $464.0M | ||
| Q4 24 | $7.0M | $713.0M | ||
| Q3 24 | $17.0M | $596.0M | ||
| Q2 24 | $19.0M | $604.0M | ||
| Q1 24 | $85.0M | $746.0M |
总债务AEECC
| Q4 25 | $19.4B | $4.1B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | $17.8B | $4.1B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.0B | ||
| Q1 24 | — | $4.0B |
股东权益AEECC
| Q4 25 | $13.4B | $250.0M | ||
| Q3 25 | $12.8B | $274.0M | ||
| Q2 25 | $12.3B | $228.0M | ||
| Q1 25 | $12.2B | $566.0M | ||
| Q4 24 | $12.1B | $571.0M | ||
| Q3 24 | $11.8B | $643.0M | ||
| Q2 24 | $11.5B | $714.0M | ||
| Q1 24 | $11.4B | $753.0M |
总资产AEECC
| Q4 25 | $48.5B | $7.4B | ||
| Q3 25 | $47.4B | $7.5B | ||
| Q2 25 | $46.6B | $7.5B | ||
| Q1 25 | $45.7B | $7.4B | ||
| Q4 24 | $44.6B | $7.5B | ||
| Q3 24 | $43.3B | $7.5B | ||
| Q2 24 | $42.3B | $7.2B | ||
| Q1 24 | $41.3B | $8.0B |
负债/权益比AEECC
| Q4 25 | 1.45× | 16.40× | ||
| Q3 25 | — | 14.96× | ||
| Q2 25 | — | 17.99× | ||
| Q1 25 | — | 7.18× | ||
| Q4 24 | 1.47× | 7.11× | ||
| Q3 24 | — | 6.20× | ||
| Q2 24 | — | 5.53× | ||
| Q1 24 | — | 5.27× |
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 | $956.0M | $137.0M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $92.0M |
| 自由现金流率自由现金流/营收 | -3.0% | 6.9% |
| 资本支出强度资本支出/营收 | 56.7% | 3.4% |
| 现金转化率经营现金流/净利润 | 3.78× | — |
| 过去12个月自由现金流最近4个季度 | $-775.0M | $51.0M |
8季度趋势，按日历期对齐
经营现金流AEECC
| Q4 25 | $956.0M | $137.0M | ||
| Q3 25 | $1.1B | $146.0M | ||
| Q2 25 | $862.0M | $93.0M | ||
| Q1 25 | $431.0M | $-112.0M | ||
| Q4 24 | $817.0M | $138.0M | ||
| Q3 24 | $897.0M | $139.0M | ||
| Q2 24 | $557.0M | $-620.0M | ||
| Q1 24 | $492.0M | $-290.0M |
自由现金流AEECC
| Q4 25 | $-54.0M | $92.0M | ||
| Q3 25 | $116.0M | $105.0M | ||
| Q2 25 | $-204.0M | $50.0M | ||
| Q1 25 | $-633.0M | $-196.0M | ||
| Q4 24 | $-473.0M | $29.0M | ||
| Q3 24 | $-240.0M | $63.0M | ||
| Q2 24 | $-445.0M | $-693.0M | ||
| Q1 24 | $-398.0M | $-392.0M |
自由现金流率AEECC
| Q4 25 | -3.0% | 6.9% | ||
| Q3 25 | 4.3% | 7.0% | ||
| Q2 25 | -9.2% | 3.1% | ||
| Q1 25 | -30.2% | -14.3% | ||
| Q4 24 | -24.4% | 2.1% | ||
| Q3 24 | -11.0% | 4.2% | ||
| Q2 24 | -26.3% | -44.6% | ||
| Q1 24 | -21.9% | -28.8% |
资本支出强度AEECC
| Q4 25 | 56.7% | 3.4% | ||
| Q3 25 | 36.6% | 2.7% | ||
| Q2 25 | 48.0% | 2.7% | ||
| Q1 25 | 50.7% | 6.1% | ||
| Q4 24 | 66.5% | 8.0% | ||
| Q3 24 | 52.3% | 5.0% | ||
| Q2 24 | 59.2% | 4.7% | ||
| Q1 24 | 49.0% | 7.5% |
现金转化率AEECC
| Q4 25 | 3.78× | — | ||
| Q3 25 | 1.72× | 3.17× | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 3.93× | — | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | -10.33× | ||
| Q1 24 | 1.88× | -5.37× |
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
AEE
暂无分部数据
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
