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Ameren（AEE）与瑞思迈（RMD）财务数据对比。点击上方公司名可切换其他公司
Ameren的季度营收约是瑞思迈的1.3倍（$1.8B vs $1.4B），瑞思迈净利率更高（27.6% vs 14.2%，领先13.4%），瑞思迈同比增速更快（11.0% vs -8.2%），过去两年瑞思迈的营收复合增速更高（7.8% 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。
瑞思迈是一家起源于澳大利亚、总部位于美国加利福尼亚州圣迭戈的医疗设备企业，主打可接入云端的呼吸类医疗设备，用于治疗睡眠呼吸暂停、慢性阻塞性肺病等呼吸道疾病，新冠疫情期间曾大量生产呼吸机等设备助力患者救治。
AEE vs RMD — 直观对比
营收规模更大
AEE
是对方的1.3倍
$1.4B
营收增速更快
RMD
高出19.2%
-8.2%
净利率更高
RMD
高出13.4%
14.2%
两年增速更快
RMD
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.4B |
| 净利润 | $253.0M | $392.6M |
| 毛利率 | — | 61.8% |
| 营业利润率 | 20.2% | 34.6% |
| 净利率 | 14.2% | 27.6% |
| 营收同比 | -8.2% | 11.0% |
| 净利润同比 | 21.6% | 13.9% |
| 每股收益（稀释后） | $0.92 | $2.68 |
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AEERMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $2.7B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $1.9B | $1.3B | ||
| Q3 24 | $2.2B | $1.2B |
净利润AEERMD
| Q2 26 | — | $392.6M | ||
| Q1 26 | — | $398.7M | ||
| Q4 25 | $253.0M | $392.6M | ||
| Q3 25 | $641.0M | $348.5M | ||
| Q2 25 | $277.0M | $379.7M | ||
| Q1 25 | $290.0M | $365.0M | ||
| Q4 24 | $208.0M | $344.6M | ||
| Q3 24 | $457.0M | $311.4M |
毛利率AEERMD
| Q2 26 | — | 61.8% | ||
| Q1 26 | — | 62.2% | ||
| Q4 25 | — | 61.8% | ||
| Q3 25 | — | 61.5% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 59.3% | ||
| Q4 24 | — | 58.6% | ||
| Q3 24 | — | 58.6% |
营业利润率AEERMD
| Q2 26 | — | 34.6% | ||
| Q1 26 | — | 34.9% | ||
| Q4 25 | 20.2% | 34.6% | ||
| Q3 25 | 30.6% | 33.4% | ||
| Q2 25 | 18.5% | 33.7% | ||
| Q1 25 | 20.5% | 33.0% | ||
| Q4 24 | 10.2% | 32.5% | ||
| Q3 24 | 27.0% | 31.6% |
净利率AEERMD
| Q2 26 | — | 27.6% | ||
| Q1 26 | — | 27.9% | ||
| Q4 25 | 14.2% | 27.6% | ||
| Q3 25 | 23.7% | 26.1% | ||
| Q2 25 | 12.5% | 28.2% | ||
| Q1 25 | 13.8% | 28.3% | ||
| Q4 24 | 10.7% | 26.9% | ||
| Q3 24 | 21.0% | 25.4% |
每股收益（稀释后）AEERMD
| Q2 26 | — | $2.68 | ||
| Q1 26 | — | $2.74 | ||
| Q4 25 | $0.92 | $2.68 | ||
| Q3 25 | $2.35 | $2.37 | ||
| Q2 25 | $1.01 | $2.58 | ||
| Q1 25 | $1.07 | $2.48 | ||
| Q4 24 | $0.77 | $2.34 | ||
| Q3 24 | $1.70 | $2.11 |
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 | $1.4B |
| 总债务越低越好 | $19.4B | $663.8M |
| 股东权益账面价值 | $13.4B | $6.3B |
| 总资产 | $48.5B | $8.5B |
| 负债/权益比越低杠杆越低 | 1.45× | 0.11× |
8季度趋势，按日历期对齐
现金及短期投资AEERMD
| Q2 26 | — | $1.4B | ||
| Q1 26 | — | $1.7B | ||
| Q4 25 | $13.0M | $1.4B | ||
| Q3 25 | $9.0M | $1.4B | ||
| Q2 25 | $11.0M | $1.2B | ||
| Q1 25 | $23.0M | $932.7M | ||
| Q4 24 | $7.0M | $521.9M | ||
| Q3 24 | $17.0M | $426.4M |
总债务AEERMD
| Q2 26 | — | $663.8M | ||
| Q1 26 | — | $664.1M | ||
| Q4 25 | $19.4B | $403.9M | ||
| Q3 25 | — | $408.7M | ||
| Q2 25 | — | $658.4M | ||
| Q1 25 | — | $663.1M | ||
| Q4 24 | $17.8B | $662.9M | ||
| Q3 24 | — | $667.6M |
股东权益AEERMD
| Q2 26 | — | $6.3B | ||
| Q1 26 | — | $6.5B | ||
| Q4 25 | $13.4B | $6.3B | ||
| Q3 25 | $12.8B | $6.1B | ||
| Q2 25 | $12.3B | $6.0B | ||
| Q1 25 | $12.2B | $5.5B | ||
| Q4 24 | $12.1B | $5.3B | ||
| Q3 24 | $11.8B | $5.2B |
总资产AEERMD
| Q2 26 | — | $8.5B | ||
| Q1 26 | — | $8.8B | ||
| Q4 25 | $48.5B | $8.5B | ||
| Q3 25 | $47.4B | $8.3B | ||
| Q2 25 | $46.6B | $8.2B | ||
| Q1 25 | $45.7B | $7.6B | ||
| Q4 24 | $44.6B | $7.1B | ||
| Q3 24 | $43.3B | $7.2B |
负债/权益比AEERMD
| Q2 26 | — | 0.11× | ||
| Q1 26 | — | 0.10× | ||
| Q4 25 | 1.45× | 0.06× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.12× | ||
| Q4 24 | 1.47× | 0.13× | ||
| Q3 24 | — | 0.13× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | — |
| 自由现金流率自由现金流/营收 | -3.0% | — |
| 资本支出强度资本支出/营收 | 56.7% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AEERMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $956.0M | $339.7M | ||
| Q3 25 | $1.1B | $457.3M | ||
| Q2 25 | $862.0M | $538.8M | ||
| Q1 25 | $431.0M | $578.7M | ||
| Q4 24 | $817.0M | $308.6M | ||
| Q3 24 | $897.0M | $325.5M |
自由现金流AEERMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-54.0M | $311.2M | ||
| Q3 25 | $116.0M | $414.4M | ||
| Q2 25 | $-204.0M | $508.2M | ||
| Q1 25 | $-633.0M | $557.9M | ||
| Q4 24 | $-473.0M | $288.0M | ||
| Q3 24 | $-240.0M | $307.7M |
自由现金流率AEERMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -3.0% | 21.9% | ||
| Q3 25 | 4.3% | 31.0% | ||
| Q2 25 | -9.2% | 37.7% | ||
| Q1 25 | -30.2% | 43.2% | ||
| Q4 24 | -24.4% | 22.5% | ||
| Q3 24 | -11.0% | 25.1% |
资本支出强度AEERMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 56.7% | 2.0% | ||
| Q3 25 | 36.6% | 3.2% | ||
| Q2 25 | 48.0% | 2.3% | ||
| Q1 25 | 50.7% | 1.6% | ||
| Q4 24 | 66.5% | 1.6% | ||
| Q3 24 | 52.3% | 1.5% |
现金转化率AEERMD
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 3.78× | 0.87× | ||
| Q3 25 | 1.72× | 1.31× | ||
| Q2 25 | 3.11× | 1.42× | ||
| Q1 25 | 1.49× | 1.59× | ||
| Q4 24 | 3.93× | 0.90× | ||
| Q3 24 | 1.96× | 1.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
