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Ameren（AEE）与RXO, Inc.（RXO）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RXO, Inc.的1.2倍（$1.8B vs $1.5B），Ameren净利率更高（14.2% vs -3.1%，领先17.3%），Ameren同比增速更快（-8.2% vs -11.9%），RXO, Inc.自由现金流更多（$-9.0M vs $-54.0M），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
AEE vs RXO — 直观对比
营收规模更大
AEE
是对方的1.2倍
$1.5B
营收增速更快
AEE
高出3.7%
-11.9%
净利率更高
AEE
高出17.3%
-3.1%
自由现金流更多
RXO
多$45.0M
$-54.0M
两年增速更快
RXO
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.5B |
| 净利润 | $253.0M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 20.2% | -2.9% |
| 净利率 | 14.2% | -3.1% |
| 营收同比 | -8.2% | -11.9% |
| 净利润同比 | 21.6% | -84.0% |
| 每股收益（稀释后） | $0.92 | $-0.28 |
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AEERXO
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $2.7B | $1.4B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $1.9B | $1.7B | ||
| Q3 24 | $2.2B | $1.0B | ||
| Q2 24 | $1.7B | $930.0M | ||
| Q1 24 | $1.8B | $913.0M |
净利润AEERXO
| Q4 25 | $253.0M | $-46.0M | ||
| Q3 25 | $641.0M | $-14.0M | ||
| Q2 25 | $277.0M | $-9.0M | ||
| Q1 25 | $290.0M | $-31.0M | ||
| Q4 24 | $208.0M | $-25.0M | ||
| Q3 24 | $457.0M | $-243.0M | ||
| Q2 24 | $260.0M | $-7.0M | ||
| Q1 24 | $262.0M | $-15.0M |
营业利润率AEERXO
| Q4 25 | 20.2% | -2.9% | ||
| Q3 25 | 30.6% | -0.5% | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 20.5% | -2.1% | ||
| Q4 24 | 10.2% | -1.4% | ||
| Q3 24 | 27.0% | -1.9% | ||
| Q2 24 | 21.3% | — | ||
| Q1 24 | 20.4% | -1.3% |
净利率AEERXO
| Q4 25 | 14.2% | -3.1% | ||
| Q3 25 | 23.7% | -1.0% | ||
| Q2 25 | 12.5% | -0.6% | ||
| Q1 25 | 13.8% | -2.2% | ||
| Q4 24 | 10.7% | -1.5% | ||
| Q3 24 | 21.0% | -23.4% | ||
| Q2 24 | 15.4% | -0.8% | ||
| Q1 24 | 14.4% | -1.6% |
每股收益（稀释后）AEERXO
| Q4 25 | $0.92 | $-0.28 | ||
| Q3 25 | $2.35 | $-0.08 | ||
| Q2 25 | $1.01 | $-0.05 | ||
| Q1 25 | $1.07 | $-0.18 | ||
| Q4 24 | $0.77 | $-0.17 | ||
| Q3 24 | $1.70 | $-1.81 | ||
| Q2 24 | $0.97 | $-0.06 | ||
| Q1 24 | $0.98 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $19.4B | $387.0M |
| 股东权益账面价值 | $13.4B | $1.5B |
| 总资产 | $48.5B | $3.3B |
| 负债/权益比越低杠杆越低 | 1.45× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资AEERXO
| Q4 25 | $13.0M | $17.0M | ||
| Q3 25 | $9.0M | $25.0M | ||
| Q2 25 | $11.0M | $18.0M | ||
| Q1 25 | $23.0M | $16.0M | ||
| Q4 24 | $7.0M | $35.0M | ||
| Q3 24 | $17.0M | $55.0M | ||
| Q2 24 | $19.0M | $7.0M | ||
| Q1 24 | $85.0M | $7.0M |
总债务AEERXO
| Q4 25 | $19.4B | $387.0M | ||
| Q3 25 | — | $387.0M | ||
| Q2 25 | — | $387.0M | ||
| Q1 25 | — | $387.0M | ||
| Q4 24 | $17.8B | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益AEERXO
| Q4 25 | $13.4B | $1.5B | ||
| Q3 25 | $12.8B | $1.6B | ||
| Q2 25 | $12.3B | $1.6B | ||
| Q1 25 | $12.2B | $1.6B | ||
| Q4 24 | $12.1B | $1.6B | ||
| Q3 24 | $11.8B | $1.7B | ||
| Q2 24 | $11.5B | $579.0M | ||
| Q1 24 | $11.4B | $582.0M |
总资产AEERXO
| Q4 25 | $48.5B | $3.3B | ||
| Q3 25 | $47.4B | $3.2B | ||
| Q2 25 | $46.6B | $3.2B | ||
| Q1 25 | $45.7B | $3.3B | ||
| Q4 24 | $44.6B | $3.4B | ||
| Q3 24 | $43.3B | $3.4B | ||
| Q2 24 | $42.3B | $1.8B | ||
| Q1 24 | $41.3B | $1.8B |
负债/权益比AEERXO
| Q4 25 | 1.45× | 0.25× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.24× | ||
| Q4 24 | 1.47× | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | -3.0% | -0.6% |
| 资本支出强度资本支出/营收 | 56.7% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流AEERXO
| Q4 25 | $956.0M | $7.0M | ||
| Q3 25 | $1.1B | $23.0M | ||
| Q2 25 | $862.0M | $23.0M | ||
| Q1 25 | $431.0M | $-2.0M | ||
| Q4 24 | $817.0M | $-7.0M | ||
| Q3 24 | $897.0M | $-7.0M | ||
| Q2 24 | $557.0M | $-5.0M | ||
| Q1 24 | $492.0M | $7.0M |
自由现金流AEERXO
| Q4 25 | $-54.0M | $-9.0M | ||
| Q3 25 | $116.0M | $9.0M | ||
| Q2 25 | $-204.0M | $9.0M | ||
| Q1 25 | $-633.0M | $-17.0M | ||
| Q4 24 | $-473.0M | $-19.0M | ||
| Q3 24 | $-240.0M | $-18.0M | ||
| Q2 24 | $-445.0M | $-16.0M | ||
| Q1 24 | $-398.0M | $-4.0M |
自由现金流率AEERXO
| Q4 25 | -3.0% | -0.6% | ||
| Q3 25 | 4.3% | 0.6% | ||
| Q2 25 | -9.2% | 0.6% | ||
| Q1 25 | -30.2% | -1.2% | ||
| Q4 24 | -24.4% | -1.1% | ||
| Q3 24 | -11.0% | -1.7% | ||
| Q2 24 | -26.3% | -1.7% | ||
| Q1 24 | -21.9% | -0.4% |
资本支出强度AEERXO
| Q4 25 | 56.7% | 1.1% | ||
| Q3 25 | 36.6% | 1.0% | ||
| Q2 25 | 48.0% | 1.0% | ||
| Q1 25 | 50.7% | 1.0% | ||
| Q4 24 | 66.5% | 0.7% | ||
| Q3 24 | 52.3% | 1.1% | ||
| Q2 24 | 59.2% | 1.2% | ||
| Q1 24 | 49.0% | 1.2% |
现金转化率AEERXO
| Q4 25 | 3.78× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 3.93× | — | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | — | ||
| 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
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
