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Ameren（AEE）与思佳讯（SWKS）财务数据对比。点击上方公司名可切换其他公司
Ameren的季度营收约是思佳讯的1.7倍（$1.8B vs $1.0B），Ameren净利率更高（14.2% vs 7.6%，领先6.5%），思佳讯同比增速更快（8.6% vs -8.2%），思佳讯自由现金流更多（$339.0M vs $-54.0M），过去两年思佳讯的营收复合增速更高（-0.5% 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。
思佳讯是总部位于美国加利福尼亚州尔湾的半导体企业，公司股票在纳斯达克全球精选市场挂牌交易，股票代码为SWKS，同时也是标普500指数的成分股之一，在全球射频半导体领域拥有较高市场地位。
AEE vs SWKS — 直观对比
营收规模更大
AEE
是对方的1.7倍
$1.0B
营收增速更快
SWKS
高出16.8%
-8.2%
净利率更高
AEE
高出6.5%
7.6%
自由现金流更多
SWKS
多$393.0M
$-54.0M
两年增速更快
SWKS
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.0B |
| 净利润 | $253.0M | $79.2M |
| 毛利率 | — | 41.3% |
| 营业利润率 | 20.2% | 10.0% |
| 净利率 | 14.2% | 7.6% |
| 营收同比 | -8.2% | 8.6% |
| 净利润同比 | 21.6% | 15.3% |
| 每股收益（稀释后） | $0.92 | $0.53 |
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AEESWKS
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.2B | $965.0M | ||
| Q1 25 | $2.1B | $953.2M | ||
| Q4 24 | $1.9B | $1.1B | ||
| Q3 24 | $2.2B | $1.0B | ||
| Q2 24 | $1.7B | $905.5M |
净利润AEESWKS
| Q1 26 | — | $79.2M | ||
| Q4 25 | $253.0M | $141.4M | ||
| Q3 25 | $641.0M | — | ||
| Q2 25 | $277.0M | $105.0M | ||
| Q1 25 | $290.0M | $68.7M | ||
| Q4 24 | $208.0M | $162.0M | ||
| Q3 24 | $457.0M | $60.5M | ||
| Q2 24 | $260.0M | $120.9M |
毛利率AEESWKS
| Q1 26 | — | 41.3% | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 41.6% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 41.9% | ||
| Q2 24 | — | 40.2% |
营业利润率AEESWKS
| Q1 26 | — | 10.0% | ||
| Q4 25 | 20.2% | 10.1% | ||
| Q3 25 | 30.6% | — | ||
| Q2 25 | 18.5% | 11.5% | ||
| Q1 25 | 20.5% | 10.2% | ||
| Q4 24 | 10.2% | 16.9% | ||
| Q3 24 | 27.0% | 5.8% | ||
| Q2 24 | 21.3% | 14.4% |
净利率AEESWKS
| Q1 26 | — | 7.6% | ||
| Q4 25 | 14.2% | 12.9% | ||
| Q3 25 | 23.7% | — | ||
| Q2 25 | 12.5% | 10.9% | ||
| Q1 25 | 13.8% | 7.2% | ||
| Q4 24 | 10.7% | 15.2% | ||
| Q3 24 | 21.0% | 5.9% | ||
| Q2 24 | 15.4% | 13.4% |
每股收益（稀释后）AEESWKS
| Q1 26 | — | $0.53 | ||
| Q4 25 | $0.92 | $0.95 | ||
| Q3 25 | $2.35 | — | ||
| Q2 25 | $1.01 | $0.70 | ||
| Q1 25 | $1.07 | $0.43 | ||
| Q4 24 | $0.77 | $1.00 | ||
| Q3 24 | $1.70 | $0.36 | ||
| Q2 24 | $0.97 | $0.75 |
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 | $1.6B |
| 总债务越低越好 | $19.4B | $496.6M |
| 股东权益账面价值 | $13.4B | $5.8B |
| 总资产 | $48.5B | $7.9B |
| 负债/权益比越低杠杆越低 | 1.45× | 0.09× |
8季度趋势，按日历期对齐
现金及短期投资AEESWKS
| Q1 26 | — | $1.6B | ||
| Q4 25 | $13.0M | $1.4B | ||
| Q3 25 | $9.0M | — | ||
| Q2 25 | $11.0M | $1.3B | ||
| Q1 25 | $23.0M | $1.5B | ||
| Q4 24 | $7.0M | $1.7B | ||
| Q3 24 | $17.0M | $1.6B | ||
| Q2 24 | $19.0M | $1.3B |
总债务AEESWKS
| Q1 26 | — | $496.6M | ||
| Q4 25 | $19.4B | $496.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $496.2M | ||
| Q1 25 | — | $995.1M | ||
| Q4 24 | $17.8B | $994.7M | ||
| Q3 24 | — | $994.3M | ||
| Q2 24 | — | $994.0M |
股东权益AEESWKS
| Q1 26 | — | $5.8B | ||
| Q4 25 | $13.4B | $5.8B | ||
| Q3 25 | $12.8B | — | ||
| Q2 25 | $12.3B | $5.7B | ||
| Q1 25 | $12.2B | $5.9B | ||
| Q4 24 | $12.1B | $6.4B | ||
| Q3 24 | $11.8B | $6.3B | ||
| Q2 24 | $11.5B | $6.3B |
总资产AEESWKS
| Q1 26 | — | $7.9B | ||
| Q4 25 | $48.5B | $7.9B | ||
| Q3 25 | $47.4B | — | ||
| Q2 25 | $46.6B | $7.7B | ||
| Q1 25 | $45.7B | $7.9B | ||
| Q4 24 | $44.6B | $8.3B | ||
| Q3 24 | $43.3B | $8.3B | ||
| Q2 24 | $42.3B | $8.2B |
负债/权益比AEESWKS
| Q1 26 | — | 0.09× | ||
| Q4 25 | 1.45× | 0.09× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.09× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | 1.47× | 0.16× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.16× |
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 | $395.5M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $339.0M |
| 自由现金流率自由现金流/营收 | -3.0% | 32.7% |
| 资本支出强度资本支出/营收 | 56.7% | 5.5% |
| 现金转化率经营现金流/净利润 | 3.78× | 4.99× |
| 过去12个月自由现金流最近4个季度 | $-775.0M | $1.1B |
8季度趋势，按日历期对齐
经营现金流AEESWKS
| Q1 26 | — | $395.5M | ||
| Q4 25 | $956.0M | $200.0M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $862.0M | $314.2M | ||
| Q1 25 | $431.0M | $409.4M | ||
| Q4 24 | $817.0M | $377.2M | ||
| Q3 24 | $897.0M | $476.1M | ||
| Q2 24 | $557.0M | $273.4M |
自由现金流AEESWKS
| Q1 26 | — | $339.0M | ||
| Q4 25 | $-54.0M | $144.0M | ||
| Q3 25 | $116.0M | — | ||
| Q2 25 | $-204.0M | $252.7M | ||
| Q1 25 | $-633.0M | $370.9M | ||
| Q4 24 | $-473.0M | $338.2M | ||
| Q3 24 | $-240.0M | $393.3M | ||
| Q2 24 | $-445.0M | $249.0M |
自由现金流率AEESWKS
| Q1 26 | — | 32.7% | ||
| Q4 25 | -3.0% | 13.1% | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | -9.2% | 26.2% | ||
| Q1 25 | -30.2% | 38.9% | ||
| Q4 24 | -24.4% | 31.7% | ||
| Q3 24 | -11.0% | 38.4% | ||
| Q2 24 | -26.3% | 27.5% |
资本支出强度AEESWKS
| Q1 26 | — | 5.5% | ||
| Q4 25 | 56.7% | 5.1% | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 48.0% | 6.4% | ||
| Q1 25 | 50.7% | 4.0% | ||
| Q4 24 | 66.5% | 3.6% | ||
| Q3 24 | 52.3% | 8.1% | ||
| Q2 24 | 59.2% | 2.7% |
现金转化率AEESWKS
| Q1 26 | — | 4.99× | ||
| Q4 25 | 3.78× | 1.41× | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 3.11× | 2.99× | ||
| Q1 25 | 1.49× | 5.96× | ||
| Q4 24 | 3.93× | 2.33× | ||
| Q3 24 | 1.96× | 7.87× | ||
| Q2 24 | 2.14× | 2.26× |
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
SWKS
| Sales Channel Through Intermediary | $915.6M | 88% |
| Sales Channel Directly To Consumer | $119.8M | 12% |
