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Ameren（AEE）与UGI CORP（UGI）财务数据对比。点击上方公司名可切换其他公司
UGI CORP的季度营收约是Ameren的1.2倍（$2.1B vs $1.8B）。UGI CORP净利率更高（14.4% vs 14.2%，领先0.2%）。UGI CORP同比增速更快（3.9% vs -8.2%）。Ameren自由现金流更多（$-54.0M vs $-155.0M）。过去两年Ameren的营收复合增速更高（-0.9% vs -7.5%）
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。
UGI公司是总部位于美国宾夕法尼亚州普鲁士王市的能源企业，主营天然气与电力配送业务，布局覆盖范围广泛，在美国本土及欧洲地区均拥有成熟运营网络，为当地用户提供稳定可靠的能源配送服务。
AEE vs UGI — 直观对比
营收规模更大
UGI
是对方的1.2倍
$1.8B
营收增速更快
UGI
高出12.1%
-8.2%
净利率更高
UGI
高出0.2%
14.2%
自由现金流更多
AEE
多$101.0M
$-155.0M
两年增速更快
AEE
近两年复合增速
-7.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.1B |
| 净利润 | $253.0M | $297.0M |
| 毛利率 | — | — |
| 营业利润率 | 20.2% | 22.0% |
| 净利率 | 14.2% | 14.4% |
| 营收同比 | -8.2% | 3.9% |
| 净利润同比 | 21.6% | -20.8% |
| 每股收益（稀释后） | $0.92 | $1.34 |
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AEEUGI
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $2.7B | $1.2B | ||
| Q2 25 | $2.2B | $1.4B | ||
| Q1 25 | $2.1B | $2.6B | ||
| Q4 24 | $1.9B | $2.0B | ||
| Q3 24 | $2.2B | $1.2B | ||
| Q2 24 | $1.7B | $1.4B | ||
| Q1 24 | $1.8B | $2.4B |
净利润AEEUGI
| Q4 25 | $253.0M | $297.0M | ||
| Q3 25 | $641.0M | $-13.0M | ||
| Q2 25 | $277.0M | $-163.0M | ||
| Q1 25 | $290.0M | $479.0M | ||
| Q4 24 | $208.0M | $375.0M | ||
| Q3 24 | $457.0M | $-273.0M | ||
| Q2 24 | $260.0M | $-48.0M | ||
| Q1 24 | $262.0M | $496.0M |
营业利润率AEEUGI
| Q4 25 | 20.2% | 22.0% | ||
| Q3 25 | 30.6% | 1.1% | ||
| Q2 25 | 18.5% | -6.8% | ||
| Q1 25 | 20.5% | 26.6% | ||
| Q4 24 | 10.2% | 24.5% | ||
| Q3 24 | 27.0% | -20.4% | ||
| Q2 24 | 21.3% | 5.0% | ||
| Q1 24 | 20.4% | 29.7% |
净利率AEEUGI
| Q4 25 | 14.2% | 14.4% | ||
| Q3 25 | 23.7% | -1.1% | ||
| Q2 25 | 12.5% | -12.0% | ||
| Q1 25 | 13.8% | 18.2% | ||
| Q4 24 | 10.7% | 18.9% | ||
| Q3 24 | 21.0% | -22.6% | ||
| Q2 24 | 15.4% | -3.6% | ||
| Q1 24 | 14.4% | 20.6% |
每股收益（稀释后）AEEUGI
| Q4 25 | $0.92 | $1.34 | ||
| Q3 25 | $2.35 | $-0.08 | ||
| Q2 25 | $1.01 | $-0.76 | ||
| Q1 25 | $1.07 | $2.19 | ||
| Q4 24 | $0.77 | $1.74 | ||
| Q3 24 | $1.70 | $-1.26 | ||
| Q2 24 | $0.97 | $-0.23 | ||
| Q1 24 | $0.98 | $2.30 |
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 | $251.0M |
| 总债务越低越好 | $19.4B | $6.0B |
| 股东权益账面价值 | $13.4B | $5.0B |
| 总资产 | $48.5B | $15.8B |
| 负债/权益比越低杠杆越低 | 1.45× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资AEEUGI
| Q4 25 | $13.0M | $251.0M | ||
| Q3 25 | $9.0M | $335.0M | ||
| Q2 25 | $11.0M | $350.0M | ||
| Q1 25 | $23.0M | $426.0M | ||
| Q4 24 | $7.0M | $240.0M | ||
| Q3 24 | $17.0M | $213.0M | ||
| Q2 24 | $19.0M | $183.0M | ||
| Q1 24 | $85.0M | $263.0M |
总债务AEEUGI
| Q4 25 | $19.4B | $6.0B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | $17.8B | $6.6B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.3B | ||
| Q1 24 | — | $6.7B |
股东权益AEEUGI
| Q4 25 | $13.4B | $5.0B | ||
| Q3 25 | $12.8B | $4.8B | ||
| Q2 25 | $12.3B | $4.9B | ||
| Q1 25 | $12.2B | $5.0B | ||
| Q4 24 | $12.1B | $4.6B | ||
| Q3 24 | $11.8B | $4.3B | ||
| Q2 24 | $11.5B | $4.7B | ||
| Q1 24 | $11.4B | $4.8B |
总资产AEEUGI
| Q4 25 | $48.5B | $15.8B | ||
| Q3 25 | $47.4B | $15.5B | ||
| Q2 25 | $46.6B | $15.4B | ||
| Q1 25 | $45.7B | $15.7B | ||
| Q4 24 | $44.6B | $15.4B | ||
| Q3 24 | $43.3B | $15.1B | ||
| Q2 24 | $42.3B | $15.1B | ||
| Q1 24 | $41.3B | $15.6B |
负债/权益比AEEUGI
| Q4 25 | 1.45× | 1.19× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | 1.47× | 1.44× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.40× |
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 | $66.0M |
| 自由现金流经营现金流 - 资本支出 | $-54.0M | $-155.0M |
| 自由现金流率自由现金流/营收 | -3.0% | -7.5% |
| 资本支出强度资本支出/营收 | 56.7% | 10.7% |
| 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 | $282.0M |
8季度趋势，按日历期对齐
经营现金流AEEUGI
| Q4 25 | $956.0M | $66.0M | ||
| Q3 25 | $1.1B | $90.0M | ||
| Q2 25 | $862.0M | $289.0M | ||
| Q1 25 | $431.0M | $684.0M | ||
| Q4 24 | $817.0M | $164.0M | ||
| Q3 24 | $897.0M | $151.0M | ||
| Q2 24 | $557.0M | $390.0M | ||
| Q1 24 | $492.0M | $522.0M |
自由现金流AEEUGI
| Q4 25 | $-54.0M | $-155.0M | ||
| Q3 25 | $116.0M | $-168.0M | ||
| Q2 25 | $-204.0M | $67.0M | ||
| Q1 25 | $-633.0M | $538.0M | ||
| Q4 24 | $-473.0M | $-47.0M | ||
| Q3 24 | $-240.0M | $-115.0M | ||
| Q2 24 | $-445.0M | $185.0M | ||
| Q1 24 | $-398.0M | $353.0M |
自由现金流率AEEUGI
| Q4 25 | -3.0% | -7.5% | ||
| Q3 25 | 4.3% | -14.4% | ||
| Q2 25 | -9.2% | 4.9% | ||
| Q1 25 | -30.2% | 20.4% | ||
| Q4 24 | -24.4% | -2.4% | ||
| Q3 24 | -11.0% | -9.5% | ||
| Q2 24 | -26.3% | 13.7% | ||
| Q1 24 | -21.9% | 14.6% |
资本支出强度AEEUGI
| Q4 25 | 56.7% | 10.7% | ||
| Q3 25 | 36.6% | 22.1% | ||
| Q2 25 | 48.0% | 16.3% | ||
| Q1 25 | 50.7% | 5.5% | ||
| Q4 24 | 66.5% | 10.6% | ||
| Q3 24 | 52.3% | 22.0% | ||
| Q2 24 | 59.2% | 15.2% | ||
| Q1 24 | 49.0% | 7.0% |
现金转化率AEEUGI
| Q4 25 | 3.78× | 0.22× | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 3.11× | — | ||
| Q1 25 | 1.49× | 1.43× | ||
| Q4 24 | 3.93× | 0.44× | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 1.88× | 1.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
