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American Electric Power（AEP）与丹纳赫（DHR）财务数据对比。点击上方公司名可切换其他公司
丹纳赫的季度营收约是American Electric Power的1.2倍（$6.0B vs $5.1B），丹纳赫净利率更高（17.3% vs 12.0%，领先5.3%），American Electric Power同比增速更快（6.2% vs 3.7%），过去两年丹纳赫的营收复合增速更高（1.8% vs -0.3%）
AEP是美国知名电力公用事业控股企业，业务覆盖发电、输电、配电全链条，面向美国境内零售及批发客户销售电力。公司下设垂直整合公用事业、输配电、输电控股、发电与营销四大业务板块，采用煤炭、天然气、核电、水电、光伏、风电等多种能源发电。
丹纳赫是总部位于美国华盛顿特区的医疗健康企业，聚焦生物技术、生命科学与诊断领域的产品研发。公司下设三大业务板块：生物技术板块开发治疗相关产品，生命科学板块覆盖疾病溯源、新疗法研发、药物疫苗与基因编辑技术的测试生产，诊断板块研发检测仪器，为全球生命健康产业提供核心支持。
AEP vs DHR — 直观对比
营收规模更大
DHR
是对方的1.2倍
$5.1B
营收增速更快
AEP
高出2.6%
3.7%
净利率更高
DHR
高出5.3%
12.0%
两年增速更快
DHR
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $6.0B |
| 净利润 | $605.2M | $1.0B |
| 毛利率 | — | 60.3% |
| 营业利润率 | 22.1% | 22.6% |
| 净利率 | 12.0% | 17.3% |
| 营收同比 | 6.2% | 3.7% |
| 净利润同比 | -9.1% | 7.9% |
| 每股收益（稀释后） | $1.06 | $1.45 |
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AEPDHR
| Q1 26 | — | $6.0B | ||
| Q4 25 | $5.1B | $6.8B | ||
| Q3 25 | $6.0B | $6.1B | ||
| Q2 25 | $5.1B | $5.9B | ||
| Q1 25 | $5.6B | $5.7B | ||
| Q4 24 | $4.8B | $6.5B | ||
| Q3 24 | $5.5B | $5.8B | ||
| Q2 24 | $4.7B | $5.7B |
净利润AEPDHR
| Q1 26 | — | $1.0B | ||
| Q4 25 | $605.2M | $1.2B | ||
| Q3 25 | $1.0B | $908.0M | ||
| Q2 25 | $1.3B | $555.0M | ||
| Q1 25 | $802.2M | $954.0M | ||
| Q4 24 | $665.9M | $1.1B | ||
| Q3 24 | $961.7M | $818.0M | ||
| Q2 24 | $342.5M | $907.0M |
毛利率AEPDHR
| Q1 26 | — | 60.3% | ||
| Q4 25 | — | 58.0% | ||
| Q3 25 | — | 58.2% | ||
| Q2 25 | — | 59.3% | ||
| Q1 25 | — | 61.2% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 58.7% | ||
| Q2 24 | — | 59.7% |
营业利润率AEPDHR
| Q1 26 | — | 22.6% | ||
| Q4 25 | 22.1% | 22.0% | ||
| Q3 25 | 25.5% | 19.1% | ||
| Q2 25 | 27.7% | 12.8% | ||
| Q1 25 | 22.8% | 22.2% | ||
| Q4 24 | 23.0% | 21.8% | ||
| Q3 24 | 24.7% | 16.5% | ||
| Q2 24 | 14.7% | 20.3% |
净利率AEPDHR
| Q1 26 | — | 17.3% | ||
| Q4 25 | 12.0% | 17.5% | ||
| Q3 25 | 16.8% | 15.0% | ||
| Q2 25 | 25.5% | 9.3% | ||
| Q1 25 | 14.2% | 16.6% | ||
| Q4 24 | 14.0% | 16.6% | ||
| Q3 24 | 17.6% | 14.1% | ||
| Q2 24 | 7.4% | 15.8% |
每股收益（稀释后）AEPDHR
| Q1 26 | — | $1.45 | ||
| Q4 25 | $1.06 | $1.69 | ||
| Q3 25 | $1.81 | $1.27 | ||
| Q2 25 | $2.29 | $0.77 | ||
| Q1 25 | $1.50 | $1.32 | ||
| Q4 24 | $1.24 | $1.50 | ||
| Q3 24 | $1.80 | $1.12 | ||
| Q2 24 | $0.64 | $1.22 |
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 | $417.0M | — |
| 总债务越低越好 | $47.3B | — |
| 股东权益账面价值 | $31.1B | — |
| 总资产 | $114.5B | — |
| 负债/权益比越低杠杆越低 | 1.52× | — |
8季度趋势，按日历期对齐
现金及短期投资AEPDHR
| Q1 26 | — | — | ||
| Q4 25 | $417.0M | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $439.3M | — | ||
| Q1 25 | $463.6M | — | ||
| Q4 24 | $418.3M | — | ||
| Q3 24 | $474.4M | — | ||
| Q2 24 | $428.2M | — |
总债务AEPDHR
| Q1 26 | — | — | ||
| Q4 25 | $47.3B | $18.4B | ||
| Q3 25 | $46.1B | $16.9B | ||
| Q2 25 | $44.5B | $17.4B | ||
| Q1 25 | $43.0B | $16.5B | ||
| Q4 24 | $42.6B | $16.0B | ||
| Q3 24 | $42.0B | $17.5B | ||
| Q2 24 | $42.1B | $17.0B |
股东权益AEPDHR
| Q1 26 | — | — | ||
| Q4 25 | $31.1B | $52.5B | ||
| Q3 25 | $30.4B | $51.1B | ||
| Q2 25 | $29.9B | $52.3B | ||
| Q1 25 | $27.3B | $50.8B | ||
| Q4 24 | $26.9B | $49.5B | ||
| Q3 24 | $26.6B | $51.3B | ||
| Q2 24 | $26.1B | $49.9B |
总资产AEPDHR
| Q1 26 | — | — | ||
| Q4 25 | $114.5B | $83.5B | ||
| Q3 25 | $110.3B | $79.9B | ||
| Q2 25 | $107.8B | $81.6B | ||
| Q1 25 | $104.4B | $79.1B | ||
| Q4 24 | $103.1B | $77.5B | ||
| Q3 24 | $100.1B | $80.6B | ||
| Q2 24 | $99.6B | $78.6B |
负债/权益比AEPDHR
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | 0.35× | ||
| Q3 25 | 1.52× | 0.33× | ||
| Q2 25 | 1.49× | 0.33× | ||
| Q1 25 | 1.57× | 0.32× | ||
| Q4 24 | 1.58× | 0.32× | ||
| Q3 24 | 1.58× | 0.34× | ||
| Q2 24 | 1.61× | 0.34× |
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 | $1.8B | $1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $1.1B |
| 自由现金流率自由现金流/营收 | — | 18.2% |
| 资本支出强度资本支出/营收 | — | 4.0% |
| 现金转化率经营现金流/净利润 | 3.00× | 1.28× |
| 过去12个月自由现金流最近4个季度 | — | $5.3B |
8季度趋势，按日历期对齐
经营现金流AEPDHR
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $2.5B | $1.7B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.7B | $2.0B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $1.5B | $1.4B |
自由现金流AEPDHR
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.7B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B |
自由现金流率AEPDHR
| Q1 26 | — | 18.2% | ||
| Q4 25 | — | 25.5% | ||
| Q3 25 | 36.3% | 22.6% | ||
| Q2 25 | — | 18.4% | ||
| Q1 25 | — | 18.4% | ||
| Q4 24 | — | 23.0% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 19.7% |
资本支出强度AEPDHR
| Q1 26 | — | 4.0% | ||
| Q4 25 | — | 5.4% | ||
| Q3 25 | 5.0% | 4.8% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | 0.0% | 5.1% | ||
| Q2 24 | — | 5.0% |
现金转化率AEPDHR
| Q1 26 | — | 1.28× | ||
| Q4 25 | 3.00× | 1.77× | ||
| Q3 25 | 2.46× | 1.83× | ||
| Q2 25 | 0.95× | 2.41× | ||
| Q1 25 | 1.81× | 1.36× | ||
| Q4 24 | 2.59× | 1.86× | ||
| Q3 24 | 2.26× | 1.85× | ||
| Q2 24 | 4.27× | 1.56× |
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
AEP
| Transmissionand Distribution Utilities Revenues | $1.5B | 29% |
| Electric Generation Transmission Distribution Revenues | $956.6M | 19% |
| Electricity Transmission And Distribution Revenues | $931.8M | 18% |
| Industrial | $685.8M | 14% |
| Marketing Competitive Retailand Renewable | $438.3M | 9% |
| Wholesale Generation | $231.1M | 5% |
| Wholesale Transmission | $113.6M | 2% |
| Other | $110.2M | 2% |
| Electric Transmission | $103.4M | 2% |
| Other Retail | $60.1M | 1% |
DHR
暂无分部数据
