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American Electric Power（AEP）与RYDER SYSTEM INC（R）财务数据对比。点击上方公司名可切换其他公司
American Electric Power的季度营收约是RYDER SYSTEM INC的1.6倍（$5.1B vs $3.1B），American Electric Power净利率更高（12.0% vs 3.0%，领先9.0%），American Electric Power同比增速更快（6.2% vs 1.0%），过去两年American Electric Power的营收复合增速更高（-0.3% vs -0.9%）
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。
Ryder System Inc.是美国专业运输物流服务商，总部位于佛罗里达州科勒尔盖布尔斯，业务覆盖美国及英国，核心业务包含卡车租赁、车队管理、供应链及运输管理，同时提供车辆维保、二手车销售、专业司机派遣、电商履约与最后一公里配送等多元服务。
AEP vs R — 直观对比
营收规模更大
AEP
是对方的1.6倍
$3.1B
营收增速更快
AEP
高出5.2%
1.0%
净利率更高
AEP
高出9.0%
3.0%
两年增速更快
AEP
近两年复合增速
-0.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $3.1B |
| 净利润 | $605.2M | $93.0M |
| 毛利率 | — | — |
| 营业利润率 | 22.1% | — |
| 净利率 | 12.0% | 3.0% |
| 营收同比 | 6.2% | 1.0% |
| 净利润同比 | -9.1% | -5.1% |
| 每股收益（稀释后） | $1.06 | $2.34 |
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AEPR
| Q1 26 | — | $3.1B | ||
| Q4 25 | $5.1B | $3.2B | ||
| Q3 25 | $6.0B | $3.2B | ||
| Q2 25 | $5.1B | $3.2B | ||
| Q1 25 | $5.6B | $3.1B | ||
| Q4 24 | $4.8B | $3.2B | ||
| Q3 24 | $5.5B | $3.2B | ||
| Q2 24 | $4.7B | $3.2B |
净利润AEPR
| Q1 26 | — | $93.0M | ||
| Q4 25 | $605.2M | $132.0M | ||
| Q3 25 | $1.0B | $138.0M | ||
| Q2 25 | $1.3B | $131.0M | ||
| Q1 25 | $802.2M | $98.0M | ||
| Q4 24 | $665.9M | $135.0M | ||
| Q3 24 | $961.7M | $142.0M | ||
| Q2 24 | $342.5M | $127.0M |
营业利润率AEPR
| Q1 26 | — | — | ||
| Q4 25 | 22.1% | 5.6% | ||
| Q3 25 | 25.5% | 6.0% | ||
| Q2 25 | 27.7% | 5.8% | ||
| Q1 25 | 22.8% | 4.3% | ||
| Q4 24 | 23.0% | 5.7% | ||
| Q3 24 | 24.7% | 5.9% | ||
| Q2 24 | 14.7% | 5.6% |
净利率AEPR
| Q1 26 | — | 3.0% | ||
| Q4 25 | 12.0% | 4.2% | ||
| Q3 25 | 16.8% | 4.4% | ||
| Q2 25 | 25.5% | 4.1% | ||
| Q1 25 | 14.2% | 3.1% | ||
| Q4 24 | 14.0% | 4.2% | ||
| Q3 24 | 17.6% | 4.5% | ||
| Q2 24 | 7.4% | 4.0% |
每股收益（稀释后）AEPR
| Q1 26 | — | $2.34 | ||
| Q4 25 | $1.06 | $3.22 | ||
| Q3 25 | $1.81 | $3.32 | ||
| Q2 25 | $2.29 | $3.13 | ||
| Q1 25 | $1.50 | $2.27 | ||
| Q4 24 | $1.24 | $3.09 | ||
| Q3 24 | $1.80 | $3.24 | ||
| Q2 24 | $0.64 | $2.84 |
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 | $182.0M |
| 总债务越低越好 | $47.3B | — |
| 股东权益账面价值 | $31.1B | $2.9B |
| 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AEPR
| Q1 26 | — | $182.0M | ||
| Q4 25 | $417.0M | $198.0M | ||
| Q3 25 | $1.3B | $189.0M | ||
| Q2 25 | $439.3M | $180.0M | ||
| Q1 25 | $463.6M | $151.0M | ||
| Q4 24 | $418.3M | $154.0M | ||
| Q3 24 | $474.4M | $162.0M | ||
| Q2 24 | $428.2M | $164.0M |
总债务AEPR
| Q1 26 | — | — | ||
| Q4 25 | $47.3B | $6.8B | ||
| Q3 25 | $46.1B | $7.3B | ||
| Q2 25 | $44.5B | $7.0B | ||
| Q1 25 | $43.0B | $6.7B | ||
| Q4 24 | $42.6B | $6.7B | ||
| Q3 24 | $42.0B | $6.6B | ||
| Q2 24 | $42.1B | $6.5B |
股东权益AEPR
| Q1 26 | — | $2.9B | ||
| Q4 25 | $31.1B | $3.1B | ||
| Q3 25 | $30.4B | $3.1B | ||
| Q2 25 | $29.9B | $3.1B | ||
| Q1 25 | $27.3B | $3.0B | ||
| Q4 24 | $26.9B | $3.1B | ||
| Q3 24 | $26.6B | $3.1B | ||
| Q2 24 | $26.1B | $3.1B |
总资产AEPR
| Q1 26 | — | — | ||
| Q4 25 | $114.5B | $16.4B | ||
| Q3 25 | $110.3B | $16.5B | ||
| Q2 25 | $107.8B | $16.5B | ||
| Q1 25 | $104.4B | $16.4B | ||
| Q4 24 | $103.1B | $16.7B | ||
| Q3 24 | $100.1B | $16.5B | ||
| Q2 24 | $99.6B | $16.4B |
负债/权益比AEPR
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | 2.24× | ||
| Q3 25 | 1.52× | 2.35× | ||
| Q2 25 | 1.49× | 2.27× | ||
| Q1 25 | 1.57× | 2.21× | ||
| Q4 24 | 1.58× | 2.14× | ||
| Q3 24 | 1.58× | 2.17× | ||
| Q2 24 | 1.61× | 2.09× |
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 | $583.0M |
| 自由现金流经营现金流 - 资本支出 | — | $273.0M |
| 自由现金流率自由现金流/营收 | — | 8.7% |
| 资本支出强度资本支出/营收 | — | 13.7% |
| 现金转化率经营现金流/净利润 | 3.00× | 6.27× |
| 过去12个月自由现金流最近4个季度 | — | $595.0M |
8季度趋势，按日历期对齐
经营现金流AEPR
| Q1 26 | — | $583.0M | ||
| Q4 25 | $1.8B | $749.0M | ||
| Q3 25 | $2.5B | $442.0M | ||
| Q2 25 | $1.2B | $752.0M | ||
| Q1 25 | $1.4B | $651.0M | ||
| Q4 24 | $1.7B | $558.0M | ||
| Q3 24 | $2.2B | $629.0M | ||
| Q2 24 | $1.5B | $552.0M |
自由现金流AEPR
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $344.0M | ||
| Q3 25 | $2.2B | $-85.0M | ||
| Q2 25 | — | $63.0M | ||
| Q1 25 | — | $137.0M | ||
| Q4 24 | — | $-201.0M | ||
| Q3 24 | — | $30.0M | ||
| Q2 24 | — | $-87.0M |
自由现金流率AEPR
| Q1 26 | — | 8.7% | ||
| Q4 25 | — | 10.8% | ||
| Q3 25 | 36.3% | -2.7% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -6.3% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | -2.7% |
资本支出强度AEPR
| Q1 26 | — | 13.7% | ||
| Q4 25 | — | 12.8% | ||
| Q3 25 | 5.0% | 16.6% | ||
| Q2 25 | — | 21.6% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 23.8% | ||
| Q3 24 | 0.0% | 18.9% | ||
| Q2 24 | — | 20.1% |
现金转化率AEPR
| Q1 26 | — | 6.27× | ||
| Q4 25 | 3.00× | 5.67× | ||
| Q3 25 | 2.46× | 3.20× | ||
| Q2 25 | 0.95× | 5.74× | ||
| Q1 25 | 1.81× | 6.64× | ||
| Q4 24 | 2.59× | 4.13× | ||
| Q3 24 | 2.26× | 4.43× | ||
| Q2 24 | 4.27× | 4.35× |
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% |
R
| Fleet Management Solutions | $1.5B | 47% |
| ChoiceLease | $878.0M | 28% |
| Dedicated Transportation Solutions | $553.0M | 18% |
| Commercial rental | $211.0M | 7% |
