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Ameren（AEE）与艾诺斯（ENS）财务数据对比。点击上方公司名可切换其他公司
Ameren的季度营收约是艾诺斯的1.9倍（$1.8B vs $919.1M），Ameren净利率更高（14.2% vs 9.8%，领先4.4%），艾诺斯同比增速更快（1.4% vs -8.2%），艾诺斯自由现金流更多（$171.3M vs $-54.0M），过去两年艾诺斯的营收复合增速更高（0.5% vs -0.9%）
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。
艾诺斯是全球领先的工业储能系统及技术供应商，主营备用电源、动力电源类电池的生产，同时还提供电池充电器、电力设备、电池配件及户外设备防护机箱等相关产品，可充分满足各类工业场景的储能需求。
AEE vs ENS — 直观对比
营收规模更大
AEE
是对方的1.9倍
$919.1M
营收增速更快
ENS
高出9.6%
-8.2%
净利率更高
AEE
高出4.4%
9.8%
自由现金流更多
ENS
多$225.3M
$-54.0M
两年增速更快
ENS
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $919.1M |
| 净利润 | $253.0M | $90.4M |
| 毛利率 | — | 30.1% |
| 营业利润率 | 20.2% | 13.5% |
| 净利率 | 14.2% | 9.8% |
| 营收同比 | -8.2% | 1.4% |
| 净利润同比 | 21.6% | -21.3% |
| 每股收益（稀释后） | $0.92 | $2.40 |
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AEEENS
| Q4 25 | $1.8B | $919.1M | ||
| Q3 25 | $2.7B | $951.3M | ||
| Q2 25 | $2.2B | $893.0M | ||
| Q1 25 | $2.1B | $974.8M | ||
| Q4 24 | $1.9B | $906.2M | ||
| Q3 24 | $2.2B | $883.7M | ||
| Q2 24 | $1.7B | $852.9M | ||
| Q1 24 | $1.8B | $910.7M |
净利润AEEENS
| Q4 25 | $253.0M | $90.4M | ||
| Q3 25 | $641.0M | $68.4M | ||
| Q2 25 | $277.0M | $57.5M | ||
| Q1 25 | $290.0M | $96.5M | ||
| Q4 24 | $208.0M | $114.8M | ||
| Q3 24 | $457.0M | $82.3M | ||
| Q2 24 | $260.0M | $70.1M | ||
| Q1 24 | $262.0M | $60.9M |
毛利率AEEENS
| Q4 25 | — | 30.1% | ||
| Q3 25 | — | 29.1% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 31.2% | ||
| Q4 24 | — | 32.9% | ||
| Q3 24 | — | 28.5% | ||
| Q2 24 | — | 27.9% | ||
| Q1 24 | — | 27.9% |
营业利润率AEEENS
| Q4 25 | 20.2% | 13.5% | ||
| Q3 25 | 30.6% | 9.7% | ||
| Q2 25 | 18.5% | 9.7% | ||
| Q1 25 | 20.5% | 13.5% | ||
| Q4 24 | 10.2% | 15.7% | ||
| Q3 24 | 27.0% | 11.2% | ||
| Q2 24 | 21.3% | 10.7% | ||
| Q1 24 | 20.4% | 8.9% |
净利率AEEENS
| Q4 25 | 14.2% | 9.8% | ||
| Q3 25 | 23.7% | 7.2% | ||
| Q2 25 | 12.5% | 6.4% | ||
| Q1 25 | 13.8% | 9.9% | ||
| Q4 24 | 10.7% | 12.7% | ||
| Q3 24 | 21.0% | 9.3% | ||
| Q2 24 | 15.4% | 8.2% | ||
| Q1 24 | 14.4% | 6.7% |
每股收益（稀释后）AEEENS
| Q4 25 | $0.92 | $2.40 | ||
| Q3 25 | $2.35 | $1.80 | ||
| Q2 25 | $1.01 | $1.46 | ||
| Q1 25 | $1.07 | $2.39 | ||
| Q4 24 | $0.77 | $2.88 | ||
| Q3 24 | $1.70 | $2.01 | ||
| Q2 24 | $0.97 | $1.71 | ||
| Q1 24 | $0.98 | $1.48 |
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 | $450.1M |
| 总债务越低越好 | $19.4B | — |
| 股东权益账面价值 | $13.4B | $1.9B |
| 总资产 | $48.5B | $4.0B |
| 负债/权益比越低杠杆越低 | 1.45× | — |
8季度趋势，按日历期对齐
现金及短期投资AEEENS
| Q4 25 | $13.0M | $450.1M | ||
| Q3 25 | $9.0M | $388.6M | ||
| Q2 25 | $11.0M | $346.7M | ||
| Q1 25 | $23.0M | $343.1M | ||
| Q4 24 | $7.0M | $463.2M | ||
| Q3 24 | $17.0M | $407.9M | ||
| Q2 24 | $19.0M | $344.1M | ||
| Q1 24 | $85.0M | $333.3M |
总债务AEEENS
| Q4 25 | $19.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $17.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $802.0M |
股东权益AEEENS
| Q4 25 | $13.4B | $1.9B | ||
| Q3 25 | $12.8B | $1.9B | ||
| Q2 25 | $12.3B | $1.9B | ||
| Q1 25 | $12.2B | $1.9B | ||
| Q4 24 | $12.1B | $1.8B | ||
| Q3 24 | $11.8B | $1.8B | ||
| Q2 24 | $11.5B | $1.8B | ||
| Q1 24 | $11.4B | $1.8B |
总资产AEEENS
| Q4 25 | $48.5B | $4.0B | ||
| Q3 25 | $47.4B | $4.1B | ||
| Q2 25 | $46.6B | $4.1B | ||
| Q1 25 | $45.7B | $4.0B | ||
| Q4 24 | $44.6B | $4.0B | ||
| Q3 24 | $43.3B | $4.0B | ||
| Q2 24 | $42.3B | $3.6B | ||
| Q1 24 | $41.3B | $3.5B |
负债/权益比AEEENS
| Q4 25 | 1.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.46× |
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 | $184.6M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $171.3M |
| 自由现金流率自由现金流/营收 | -3.0% | 18.6% |
| 资本支出强度资本支出/营收 | 56.7% | 1.4% |
| 现金转化率经营现金流/净利润 | 3.78× | 2.04× |
| 过去12个月自由现金流最近4个季度 | $-775.0M | $441.3M |
8季度趋势，按日历期对齐
经营现金流AEEENS
| Q4 25 | $956.0M | $184.6M | ||
| Q3 25 | $1.1B | $218.0M | ||
| Q2 25 | $862.0M | $968.0K | ||
| Q1 25 | $431.0M | $135.2M | ||
| Q4 24 | $817.0M | $81.1M | ||
| Q3 24 | $897.0M | $33.6M | ||
| Q2 24 | $557.0M | $10.4M | ||
| Q1 24 | $492.0M | — |
自由现金流AEEENS
| Q4 25 | $-54.0M | $171.3M | ||
| Q3 25 | $116.0M | $197.1M | ||
| Q2 25 | $-204.0M | $-32.1M | ||
| Q1 25 | $-633.0M | $104.9M | ||
| Q4 24 | $-473.0M | $56.8M | ||
| Q3 24 | $-240.0M | $3.3M | ||
| Q2 24 | $-445.0M | $-25.7M | ||
| Q1 24 | $-398.0M | — |
自由现金流率AEEENS
| Q4 25 | -3.0% | 18.6% | ||
| Q3 25 | 4.3% | 20.7% | ||
| Q2 25 | -9.2% | -3.6% | ||
| Q1 25 | -30.2% | 10.8% | ||
| Q4 24 | -24.4% | 6.3% | ||
| Q3 24 | -11.0% | 0.4% | ||
| Q2 24 | -26.3% | -3.0% | ||
| Q1 24 | -21.9% | — |
资本支出强度AEEENS
| Q4 25 | 56.7% | 1.4% | ||
| Q3 25 | 36.6% | 2.2% | ||
| Q2 25 | 48.0% | 3.7% | ||
| Q1 25 | 50.7% | 3.1% | ||
| Q4 24 | 66.5% | 2.7% | ||
| Q3 24 | 52.3% | 3.4% | ||
| Q2 24 | 59.2% | 4.2% | ||
| Q1 24 | 49.0% | — |
现金转化率AEEENS
| Q4 25 | 3.78× | 2.04× | ||
| Q3 25 | 1.72× | 3.19× | ||
| Q2 25 | 3.11× | 0.02× | ||
| Q1 25 | 1.49× | 1.40× | ||
| Q4 24 | 3.93× | 0.71× | ||
| Q3 24 | 1.96× | 0.41× | ||
| Q2 24 | 2.14× | 0.15× | ||
| Q1 24 | 1.88× | — |
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
ENS
| Energy Systems | $399.5M | 43% |
| Motive Power | $352.0M | 38% |
| Services | $92.6M | 10% |
| Transferred Over Time | $38.2M | 4% |
| Other | $36.8M | 4% |
