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Ameren（AEE）与OPAL Fuels Inc.（OPAL）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OPAL Fuels Inc.的20.2倍（$1.8B vs $88.4M）。OPAL Fuels Inc.净利率更高（18.3% vs 14.2%，领先4.1%）。OPAL Fuels Inc.同比增速更快（18.7% vs -8.2%）。OPAL Fuels Inc.自由现金流更多（$-13.4M vs $-54.0M）。过去两年OPAL Fuels Inc.的营收复合增速更高（17.6% 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。
OPAL Fuels Inc.是一家北美能源企业，专注于生产和分销低碳可再生天然气（RNG）。公司从垃圾填埋场、奶牛场等有机废物流中收集甲烷，产出的可再生天然气主要供应给重型运输车队、商业物流运营商及公共交通实体，助力降低碳排放。
AEE vs OPAL — 直观对比
营收规模更大
AEE
是对方的20.2倍
$88.4M
营收增速更快
OPAL
高出26.9%
-8.2%
净利率更高
OPAL
高出4.1%
14.2%
自由现金流更多
OPAL
多$40.6M
$-54.0M
两年增速更快
OPAL
近两年复合增速
-0.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $88.4M |
| 净利润 | $253.0M | $16.2M |
| 毛利率 | — | — |
| 营业利润率 | 20.2% | 7.5% |
| 净利率 | 14.2% | 18.3% |
| 营收同比 | -8.2% | 18.7% |
| 净利润同比 | 21.6% | 401.5% |
| 每股收益（稀释后） | $0.92 | $0.08 |
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AEEOPAL
| Q4 25 | $1.8B | $88.4M | ||
| Q3 25 | $2.7B | $77.9M | ||
| Q2 25 | $2.2B | $77.4M | ||
| Q1 25 | $2.1B | $83.0M | ||
| Q4 24 | $1.9B | $74.5M | ||
| Q3 24 | $2.2B | $82.6M | ||
| Q2 24 | $1.7B | $69.8M | ||
| Q1 24 | $1.8B | $64.0M |
净利润AEEOPAL
| Q4 25 | $253.0M | $16.2M | ||
| Q3 25 | $641.0M | $11.4M | ||
| Q2 25 | $277.0M | $7.6M | ||
| Q1 25 | $290.0M | $1.3M | ||
| Q4 24 | $208.0M | $-5.4M | ||
| Q3 24 | $457.0M | $17.1M | ||
| Q2 24 | $260.0M | $1.9M | ||
| Q1 24 | $262.0M | $677.0K |
营业利润率AEEOPAL
| Q4 25 | 20.2% | 7.5% | ||
| Q3 25 | 30.6% | 4.6% | ||
| Q2 25 | 18.5% | -1.1% | ||
| Q1 25 | 20.5% | -2.3% | ||
| Q4 24 | 10.2% | -0.5% | ||
| Q3 24 | 27.0% | 14.9% | ||
| Q2 24 | 21.3% | 8.1% | ||
| Q1 24 | 20.4% | 5.6% |
净利率AEEOPAL
| Q4 25 | 14.2% | 18.3% | ||
| Q3 25 | 23.7% | 14.6% | ||
| Q2 25 | 12.5% | 9.8% | ||
| Q1 25 | 13.8% | 1.5% | ||
| Q4 24 | 10.7% | -7.2% | ||
| Q3 24 | 21.0% | 20.7% | ||
| Q2 24 | 15.4% | 2.7% | ||
| Q1 24 | 14.4% | 1.1% |
每股收益（稀释后）AEEOPAL
| Q4 25 | $0.92 | $0.08 | ||
| Q3 25 | $2.35 | $0.05 | ||
| Q2 25 | $1.01 | $0.03 | ||
| Q1 25 | $1.07 | $-0.01 | ||
| Q4 24 | $0.77 | $-0.05 | ||
| Q3 24 | $1.70 | $0.09 | ||
| Q2 24 | $0.97 | $-0.01 | ||
| Q1 24 | $0.98 | $-0.01 |
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 | $24.4M |
| 总债务越低越好 | $19.4B | $361.3M |
| 股东权益账面价值 | $13.4B | $-12.9M |
| 总资产 | $48.5B | $959.5M |
| 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AEEOPAL
| Q4 25 | $13.0M | $24.4M | ||
| Q3 25 | $9.0M | $29.9M | ||
| Q2 25 | $11.0M | $29.3M | ||
| Q1 25 | $23.0M | $40.1M | ||
| Q4 24 | $7.0M | $24.3M | ||
| Q3 24 | $17.0M | $31.0M | ||
| Q2 24 | $19.0M | $27.6M | ||
| Q1 24 | $85.0M | $34.2M |
总债务AEEOPAL
| Q4 25 | $19.4B | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | $17.8B | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $208.7M |
股东权益AEEOPAL
| Q4 25 | $13.4B | $-12.9M | ||
| Q3 25 | $12.8B | $7.5M | ||
| Q2 25 | $12.3B | $-25.0M | ||
| Q1 25 | $12.2B | $57.1M | ||
| Q4 24 | $12.1B | $-148.4M | ||
| Q3 24 | $11.8B | $-180.1M | ||
| Q2 24 | $11.5B | $-273.0M | ||
| Q1 24 | $11.4B | $-382.4M |
总资产AEEOPAL
| Q4 25 | $48.5B | $959.5M | ||
| Q3 25 | $47.4B | $916.7M | ||
| Q2 25 | $46.6B | $905.5M | ||
| Q1 25 | $45.7B | $884.9M | ||
| Q4 24 | $44.6B | $881.1M | ||
| Q3 24 | $43.3B | $831.1M | ||
| Q2 24 | $42.3B | $782.3M | ||
| Q1 24 | $41.3B | $750.5M |
负债/权益比AEEOPAL
| Q4 25 | 1.45× | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| 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 | $-3.5M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $-13.4M |
| 自由现金流率自由现金流/营收 | -3.0% | -15.1% |
| 资本支出强度资本支出/营收 | 56.7% | 11.1% |
| 现金转化率经营现金流/净利润 | 3.78× | -0.22× |
| 过去12个月自由现金流最近4个季度 | $-775.0M | $-34.2M |
8季度趋势，按日历期对齐
经营现金流AEEOPAL
| Q4 25 | $956.0M | $-3.5M | ||
| Q3 25 | $1.1B | $18.2M | ||
| Q2 25 | $862.0M | $-7.9M | ||
| Q1 25 | $431.0M | $29.7M | ||
| Q4 24 | $817.0M | $-532.0K | ||
| Q3 24 | $897.0M | $17.7M | ||
| Q2 24 | $557.0M | $533.0K | ||
| Q1 24 | $492.0M | $13.7M |
自由现金流AEEOPAL
| Q4 25 | $-54.0M | $-13.4M | ||
| Q3 25 | $116.0M | $-9.3M | ||
| Q2 25 | $-204.0M | $-29.7M | ||
| Q1 25 | $-633.0M | $18.1M | ||
| Q4 24 | $-473.0M | $-55.0M | ||
| Q3 24 | $-240.0M | $-5.4M | ||
| Q2 24 | $-445.0M | $-22.5M | ||
| Q1 24 | $-398.0M | $-13.0M |
自由现金流率AEEOPAL
| Q4 25 | -3.0% | -15.1% | ||
| Q3 25 | 4.3% | -11.9% | ||
| Q2 25 | -9.2% | -38.4% | ||
| Q1 25 | -30.2% | 21.8% | ||
| Q4 24 | -24.4% | -73.8% | ||
| Q3 24 | -11.0% | -6.5% | ||
| Q2 24 | -26.3% | -32.2% | ||
| Q1 24 | -21.9% | -20.4% |
资本支出强度AEEOPAL
| Q4 25 | 56.7% | 11.1% | ||
| Q3 25 | 36.6% | 35.3% | ||
| Q2 25 | 48.0% | 28.2% | ||
| Q1 25 | 50.7% | 13.9% | ||
| Q4 24 | 66.5% | 73.1% | ||
| Q3 24 | 52.3% | 27.9% | ||
| Q2 24 | 59.2% | 32.9% | ||
| Q1 24 | 49.0% | 41.8% |
现金转化率AEEOPAL
| Q4 25 | 3.78× | -0.22× | ||
| Q3 25 | 1.72× | 1.60× | ||
| Q2 25 | 3.11× | -1.04× | ||
| Q1 25 | 1.49× | 23.11× | ||
| Q4 24 | 3.93× | — | ||
| Q3 24 | 1.96× | 1.03× | ||
| Q2 24 | 2.14× | 0.28× | ||
| Q1 24 | 1.88× | 20.26× |
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
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
