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Ameren（AEE）与Masco（MAS）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Masco的1.2倍（$2.2B vs $1.8B），Ameren净利率更高（16.5% vs 9.2%，领先7.2%），Ameren同比增速更快（3.8% vs -1.9%），过去两年Ameren的营收复合增速更高（13.4% vs -3.5%）
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。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
AEE vs MAS — 直观对比
营收规模更大
AEE
是对方的1.2倍
$1.8B
营收增速更快
AEE
高出5.7%
-1.9%
净利率更高
AEE
高出7.2%
9.2%
两年增速更快
AEE
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.8B |
| 净利润 | $358.0M | $165.0M |
| 毛利率 | — | 33.9% |
| 营业利润率 | 24.4% | 13.8% |
| 净利率 | 16.5% | 9.2% |
| 营收同比 | 3.8% | -1.9% |
| 净利润同比 | 23.4% | -9.3% |
| 每股收益（稀释后） | $1.28 | $0.81 |
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AEEMAS
| Q1 26 | $2.2B | — | ||
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $2.2B | $2.0B | ||
| Q2 24 | $1.7B | $2.1B |
净利润AEEMAS
| Q1 26 | $358.0M | — | ||
| Q4 25 | $253.0M | $165.0M | ||
| Q3 25 | $641.0M | $189.0M | ||
| Q2 25 | $277.0M | $270.0M | ||
| Q1 25 | $290.0M | $186.0M | ||
| Q4 24 | $208.0M | $182.0M | ||
| Q3 24 | $457.0M | $167.0M | ||
| Q2 24 | $260.0M | $258.0M |
毛利率AEEMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.8% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 37.5% |
营业利润率AEEMAS
| Q1 26 | 24.4% | — | ||
| Q4 25 | 20.2% | 13.8% | ||
| Q3 25 | 30.6% | 15.8% | ||
| Q2 25 | 18.5% | 20.1% | ||
| Q1 25 | 20.5% | 15.9% | ||
| Q4 24 | 10.2% | 15.9% | ||
| Q3 24 | 27.0% | 18.0% | ||
| Q2 24 | 21.3% | 19.0% |
净利率AEEMAS
| Q1 26 | 16.5% | — | ||
| Q4 25 | 14.2% | 9.2% | ||
| Q3 25 | 23.7% | 9.9% | ||
| Q2 25 | 12.5% | 13.2% | ||
| Q1 25 | 13.8% | 10.3% | ||
| Q4 24 | 10.7% | 10.0% | ||
| Q3 24 | 21.0% | 8.4% | ||
| Q2 24 | 15.4% | 12.3% |
每股收益（稀释后）AEEMAS
| Q1 26 | $1.28 | — | ||
| Q4 25 | $0.92 | $0.81 | ||
| Q3 25 | $2.35 | $0.90 | ||
| Q2 25 | $1.01 | $1.28 | ||
| Q1 25 | $1.07 | $0.87 | ||
| Q4 24 | $0.77 | $0.85 | ||
| Q3 24 | $1.70 | $0.77 | ||
| Q2 24 | $0.97 | $1.17 |
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 | $647.0M |
| 总债务越低越好 | $1.1B | $2.9B |
| 股东权益账面价值 | $13.6B | $-185.0M |
| 总资产 | $49.8B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.08× | — |
8季度趋势，按日历期对齐
现金及短期投资AEEMAS
| Q1 26 | $13.0M | — | ||
| Q4 25 | $13.0M | $647.0M | ||
| Q3 25 | $9.0M | $559.0M | ||
| Q2 25 | $11.0M | $390.0M | ||
| Q1 25 | $23.0M | $377.0M | ||
| Q4 24 | $7.0M | $634.0M | ||
| Q3 24 | $17.0M | $646.0M | ||
| Q2 24 | $19.0M | $398.0M |
总债务AEEMAS
| Q1 26 | $1.1B | — | ||
| Q4 25 | $19.4B | $2.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $17.8B | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益AEEMAS
| Q1 26 | $13.6B | — | ||
| Q4 25 | $13.4B | $-185.0M | ||
| Q3 25 | $12.8B | $-78.0M | ||
| Q2 25 | $12.3B | $-84.0M | ||
| Q1 25 | $12.2B | $-254.0M | ||
| Q4 24 | $12.1B | $-279.0M | ||
| Q3 24 | $11.8B | $-88.0M | ||
| Q2 24 | $11.5B | $-26.0M |
总资产AEEMAS
| Q1 26 | $49.8B | — | ||
| Q4 25 | $48.5B | $5.2B | ||
| Q3 25 | $47.4B | $5.3B | ||
| Q2 25 | $46.6B | $5.3B | ||
| Q1 25 | $45.7B | $5.1B | ||
| Q4 24 | $44.6B | $5.0B | ||
| Q3 24 | $43.3B | $5.3B | ||
| Q2 24 | $42.3B | $5.4B |
负债/权益比AEEMAS
| Q1 26 | 0.08× | — | ||
| Q4 25 | 1.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $421.0M | $418.0M |
| 自由现金流经营现金流 - 资本支出 | — | $371.0M |
| 自由现金流率自由现金流/营收 | — | 20.7% |
| 资本支出强度资本支出/营收 | 72.3% | 2.6% |
| 现金转化率经营现金流/净利润 | 1.18× | 2.53× |
| 过去12个月自由现金流最近4个季度 | — | $866.0M |
8季度趋势，按日历期对齐
经营现金流AEEMAS
| Q1 26 | $421.0M | — | ||
| Q4 25 | $956.0M | $418.0M | ||
| Q3 25 | $1.1B | $456.0M | ||
| Q2 25 | $862.0M | $306.0M | ||
| Q1 25 | $431.0M | $-158.0M | ||
| Q4 24 | $817.0M | $407.0M | ||
| Q3 24 | $897.0M | $416.0M | ||
| Q2 24 | $557.0M | $346.0M |
自由现金流AEEMAS
| Q1 26 | — | — | ||
| Q4 25 | $-54.0M | $371.0M | ||
| Q3 25 | $116.0M | $415.0M | ||
| Q2 25 | $-204.0M | $270.0M | ||
| Q1 25 | $-633.0M | $-190.0M | ||
| Q4 24 | $-473.0M | $351.0M | ||
| Q3 24 | $-240.0M | $378.0M | ||
| Q2 24 | $-445.0M | $303.0M |
自由现金流率AEEMAS
| Q1 26 | — | — | ||
| Q4 25 | -3.0% | 20.7% | ||
| Q3 25 | 4.3% | 21.6% | ||
| Q2 25 | -9.2% | 13.2% | ||
| Q1 25 | -30.2% | -10.5% | ||
| Q4 24 | -24.4% | 19.2% | ||
| Q3 24 | -11.0% | 19.1% | ||
| Q2 24 | -26.3% | 14.5% |
资本支出强度AEEMAS
| Q1 26 | 72.3% | — | ||
| Q4 25 | 56.7% | 2.6% | ||
| Q3 25 | 36.6% | 2.1% | ||
| Q2 25 | 48.0% | 1.8% | ||
| Q1 25 | 50.7% | 1.8% | ||
| Q4 24 | 66.5% | 3.1% | ||
| Q3 24 | 52.3% | 1.9% | ||
| Q2 24 | 59.2% | 2.1% |
现金转化率AEEMAS
| Q1 26 | 1.18× | — | ||
| Q4 25 | 3.78× | 2.53× | ||
| Q3 25 | 1.72× | 2.41× | ||
| Q2 25 | 3.11× | 1.13× | ||
| Q1 25 | 1.49× | -0.85× | ||
| Q4 24 | 3.93× | 2.24× | ||
| Q3 24 | 1.96× | 2.49× | ||
| Q2 24 | 2.14× | 1.34× |
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
| Electric | $1.7B | 76% |
| Natural gas | $515.0M | 24% |
MAS
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
