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Ameren（AEE）与Evergy（EVRG）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Evergy的1.4倍（$1.8B vs $1.3B），Ameren净利率更高（14.2% vs 6.5%，领先7.7%），Evergy同比增速更快（5.3% vs -8.2%），Ameren自由现金流更多（$-54.0M vs $-530.5M），过去两年Evergy的营收复合增速更高（0.4% 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。
Evergy Inc.是美国投资者所有的上市公用事业企业，总部位于堪萨斯州托皮卡和密苏里州堪萨斯城。公司由托皮卡的Westar Energy与堪萨斯城电力与照明公司的母公司Great Plains Energy合并组建，是堪萨斯州规模最大的电力公司，为两州超过170万户住宅、商业及工业客户提供供电服务。
AEE vs EVRG — 直观对比
营收规模更大
AEE
是对方的1.4倍
$1.3B
营收增速更快
EVRG
高出13.5%
-8.2%
净利率更高
AEE
高出7.7%
6.5%
自由现金流更多
AEE
多$476.5M
$-530.5M
两年增速更快
EVRG
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.3B |
| 净利润 | $253.0M | $84.3M |
| 毛利率 | — | — |
| 营业利润率 | 20.2% | 18.5% |
| 净利率 | 14.2% | 6.5% |
| 营收同比 | -8.2% | 5.3% |
| 净利润同比 | 21.6% | 7.8% |
| 每股收益（稀释后） | $0.92 | $0.35 |
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AEEEVRG
| Q4 25 | $1.8B | $1.3B | ||
| Q3 25 | $2.7B | $1.8B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $1.9B | $1.2B | ||
| Q3 24 | $2.2B | $1.8B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.8B | $1.3B |
净利润AEEEVRG
| Q4 25 | $253.0M | $84.3M | ||
| Q3 25 | $641.0M | $475.0M | ||
| Q2 25 | $277.0M | $171.3M | ||
| Q1 25 | $290.0M | $125.0M | ||
| Q4 24 | $208.0M | $78.2M | ||
| Q3 24 | $457.0M | $465.6M | ||
| Q2 24 | $260.0M | $207.0M | ||
| Q1 24 | $262.0M | $122.7M |
营业利润率AEEEVRG
| Q4 25 | 20.2% | 18.5% | ||
| Q3 25 | 30.6% | 37.3% | ||
| Q2 25 | 18.5% | 25.4% | ||
| Q1 25 | 20.5% | 22.5% | ||
| Q4 24 | 10.2% | 18.1% | ||
| Q3 24 | 27.0% | 35.1% | ||
| Q2 24 | 21.3% | 25.4% | ||
| Q1 24 | 20.4% | 20.3% |
净利率AEEEVRG
| Q4 25 | 14.2% | 6.5% | ||
| Q3 25 | 23.7% | 26.9% | ||
| Q2 25 | 12.5% | 12.6% | ||
| Q1 25 | 13.8% | 9.7% | ||
| Q4 24 | 10.7% | 6.4% | ||
| Q3 24 | 21.0% | 26.0% | ||
| Q2 24 | 15.4% | 14.7% | ||
| Q1 24 | 14.4% | 9.6% |
每股收益（稀释后）AEEEVRG
| Q4 25 | $0.92 | $0.35 | ||
| Q3 25 | $2.35 | $2.03 | ||
| Q2 25 | $1.01 | $0.74 | ||
| Q1 25 | $1.07 | $0.54 | ||
| Q4 24 | $0.77 | $0.34 | ||
| Q3 24 | $1.70 | $2.02 | ||
| Q2 24 | $0.97 | $0.90 | ||
| Q1 24 | $0.98 | $0.53 |
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 | $19.8M |
| 总债务越低越好 | $19.4B | — |
| 股东权益账面价值 | $13.4B | $10.2B |
| 总资产 | $48.5B | $33.9B |
| 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AEEEVRG
| Q4 25 | $13.0M | $19.8M | ||
| Q3 25 | $9.0M | $27.5M | ||
| Q2 25 | $11.0M | $27.8M | ||
| Q1 25 | $23.0M | $35.3M | ||
| Q4 24 | $7.0M | $22.0M | ||
| Q3 24 | $17.0M | $34.6M | ||
| Q2 24 | $19.0M | $26.1M | ||
| Q1 24 | $85.0M | $63.7M |
总债务AEEEVRG
| Q4 25 | $19.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $17.8B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AEEEVRG
| Q4 25 | $13.4B | $10.2B | ||
| Q3 25 | $12.8B | $10.3B | ||
| Q2 25 | $12.3B | $10.0B | ||
| Q1 25 | $12.2B | $9.9B | ||
| Q4 24 | $12.1B | $10.0B | ||
| Q3 24 | $11.8B | $10.0B | ||
| Q2 24 | $11.5B | $9.7B | ||
| Q1 24 | $11.4B | $9.6B |
总资产AEEEVRG
| Q4 25 | $48.5B | $33.9B | ||
| Q3 25 | $47.4B | $33.4B | ||
| Q2 25 | $46.6B | $32.9B | ||
| Q1 25 | $45.7B | $32.5B | ||
| Q4 24 | $44.6B | $32.3B | ||
| Q3 24 | $43.3B | $32.1B | ||
| Q2 24 | $42.3B | $31.8B | ||
| Q1 24 | $41.3B | $31.3B |
负债/权益比AEEEVRG
| Q4 25 | 1.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $334.0M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $-530.5M |
| 自由现金流率自由现金流/营收 | -3.0% | -41.1% |
| 资本支出强度资本支出/营收 | 56.7% | 66.9% |
| 现金转化率经营现金流/净利润 | 3.78× | 3.96× |
| 过去12个月自由现金流最近4个季度 | $-775.0M | $-751.7M |
8季度趋势，按日历期对齐
经营现金流AEEEVRG
| Q4 25 | $956.0M | $334.0M | ||
| Q3 25 | $1.1B | $937.7M | ||
| Q2 25 | $862.0M | $323.9M | ||
| Q1 25 | $431.0M | $449.6M | ||
| Q4 24 | $817.0M | $395.6M | ||
| Q3 24 | $897.0M | $953.3M | ||
| Q2 24 | $557.0M | $317.5M | ||
| Q1 24 | $492.0M | $317.3M |
自由现金流AEEEVRG
| Q4 25 | $-54.0M | $-530.5M | ||
| Q3 25 | $116.0M | $225.4M | ||
| Q2 25 | $-204.0M | $-303.4M | ||
| Q1 25 | $-633.0M | $-143.2M | ||
| Q4 24 | $-473.0M | $-118.6M | ||
| Q3 24 | $-240.0M | $427.0M | ||
| Q2 24 | $-445.0M | $-360.0M | ||
| Q1 24 | $-398.0M | $-301.3M |
自由现金流率AEEEVRG
| Q4 25 | -3.0% | -41.1% | ||
| Q3 25 | 4.3% | 12.8% | ||
| Q2 25 | -9.2% | -22.4% | ||
| Q1 25 | -30.2% | -11.1% | ||
| Q4 24 | -24.4% | -9.7% | ||
| Q3 24 | -11.0% | 23.9% | ||
| Q2 24 | -26.3% | -25.6% | ||
| Q1 24 | -21.9% | -23.5% |
资本支出强度AEEEVRG
| Q4 25 | 56.7% | 66.9% | ||
| Q3 25 | 36.6% | 40.4% | ||
| Q2 25 | 48.0% | 46.3% | ||
| Q1 25 | 50.7% | 45.8% | ||
| Q4 24 | 66.5% | 41.9% | ||
| Q3 24 | 52.3% | 29.4% | ||
| Q2 24 | 59.2% | 48.1% | ||
| Q1 24 | 49.0% | 48.3% |
现金转化率AEEEVRG
| Q4 25 | 3.78× | 3.96× | ||
| Q3 25 | 1.72× | 1.97× | ||
| Q2 25 | 3.11× | 1.89× | ||
| Q1 25 | 1.49× | 3.60× | ||
| Q4 24 | 3.93× | 5.06× | ||
| Q3 24 | 1.96× | 2.05× | ||
| Q2 24 | 2.14× | 1.53× | ||
| Q1 24 | 1.88× | 2.59× |
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
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
