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American Electric Power（AEP）与Raymond James Financial（RJF）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Raymond James Financial的1.3倍（$5.1B vs $3.9B），Raymond James Financial净利率更高（14.1% vs 12.0%，领先2.1%），Raymond James Financial同比增速更快（13.0% vs 6.2%），过去两年Raymond James Financial的营收复合增速更高（1.3% 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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
AEP vs RJF — 直观对比
营收规模更大
AEP
是对方的1.3倍
$3.9B
营收增速更快
RJF
高出6.8%
6.2%
净利率更高
RJF
高出2.1%
12.0%
两年增速更快
RJF
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $3.9B |
| 净利润 | $605.2M | $544.0M |
| 毛利率 | — | — |
| 营业利润率 | 22.1% | — |
| 净利率 | 12.0% | 14.1% |
| 营收同比 | 6.2% | 13.0% |
| 净利润同比 | -9.1% | 10.0% |
| 每股收益（稀释后） | $1.06 | $2.83 |
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AEPRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $5.1B | $4.2B | ||
| Q3 25 | $6.0B | $4.2B | ||
| Q2 25 | $5.1B | $3.8B | ||
| Q1 25 | $5.6B | $3.8B | ||
| Q4 24 | $4.8B | $4.0B | ||
| Q3 24 | $5.5B | $4.0B | ||
| Q2 24 | $4.7B | $3.8B |
净利润AEPRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $605.2M | $563.0M | ||
| Q3 25 | $1.0B | $604.0M | ||
| Q2 25 | $1.3B | $436.0M | ||
| Q1 25 | $802.2M | $495.0M | ||
| Q4 24 | $665.9M | $600.0M | ||
| Q3 24 | $961.7M | $602.0M | ||
| Q2 24 | $342.5M | $492.0M |
营业利润率AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | 22.1% | — | ||
| Q3 25 | 25.5% | — | ||
| Q2 25 | 27.7% | 14.7% | ||
| Q1 25 | 22.8% | 17.5% | ||
| Q4 24 | 23.0% | 18.6% | ||
| Q3 24 | 24.7% | — | ||
| Q2 24 | 14.7% | 17.1% |
净利率AEPRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 12.0% | 13.5% | ||
| Q3 25 | 16.8% | 14.4% | ||
| Q2 25 | 25.5% | 11.3% | ||
| Q1 25 | 14.2% | 12.9% | ||
| Q4 24 | 14.0% | 14.9% | ||
| Q3 24 | 17.6% | 15.0% | ||
| Q2 24 | 7.4% | 13.1% |
每股收益（稀释后）AEPRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | $1.06 | $2.79 | ||
| Q3 25 | $1.81 | $2.96 | ||
| Q2 25 | $2.29 | $2.12 | ||
| Q1 25 | $1.50 | $2.36 | ||
| Q4 24 | $1.24 | $2.86 | ||
| Q3 24 | $1.80 | $2.85 | ||
| Q2 24 | $0.64 | $2.31 |
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 | $5.4B |
| 总债务越低越好 | $47.3B | — |
| 股东权益账面价值 | $31.1B | $52.0M |
| 总资产 | $114.5B | $91.9B |
| 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AEPRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $417.0M | $9.9B | ||
| Q3 25 | $1.3B | $11.4B | ||
| Q2 25 | $439.3M | $9.2B | ||
| Q1 25 | $463.6M | $9.7B | ||
| Q4 24 | $418.3M | $10.0B | ||
| Q3 24 | $474.4M | $11.0B | ||
| Q2 24 | $428.2M | $9.1B |
总债务AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | $47.3B | — | ||
| Q3 25 | $46.1B | — | ||
| Q2 25 | $44.5B | — | ||
| Q1 25 | $43.0B | — | ||
| Q4 24 | $42.6B | — | ||
| Q3 24 | $42.0B | — | ||
| Q2 24 | $42.1B | — |
股东权益AEPRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $31.1B | $12.6B | ||
| Q3 25 | $30.4B | $12.5B | ||
| Q2 25 | $29.9B | $12.3B | ||
| Q1 25 | $27.3B | $12.2B | ||
| Q4 24 | $26.9B | $11.9B | ||
| Q3 24 | $26.6B | $11.7B | ||
| Q2 24 | $26.1B | $11.2B |
总资产AEPRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $114.5B | $88.8B | ||
| Q3 25 | $110.3B | $88.2B | ||
| Q2 25 | $107.8B | $84.8B | ||
| Q1 25 | $104.4B | $83.1B | ||
| Q4 24 | $103.1B | $82.3B | ||
| Q3 24 | $100.1B | $83.0B | ||
| Q2 24 | $99.6B | $80.6B |
负债/权益比AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.49× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.58× | — | ||
| Q2 24 | 1.61× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 3.00× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $-10.0M | ||
| Q3 25 | $2.5B | $796.0M | ||
| Q2 25 | $1.2B | $691.0M | ||
| Q1 25 | $1.4B | $117.0M | ||
| Q4 24 | $1.7B | $830.0M | ||
| Q3 24 | $2.2B | $510.0M | ||
| Q2 24 | $1.5B | $711.0M |
自由现金流AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | — | $-56.0M | ||
| Q3 25 | $2.2B | $752.0M | ||
| Q2 25 | — | $634.0M | ||
| Q1 25 | — | $71.0M | ||
| Q4 24 | — | $789.0M | ||
| Q3 24 | — | $460.0M | ||
| Q2 24 | — | $655.0M |
自由现金流率AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | — | -1.3% | ||
| Q3 25 | 36.3% | 17.9% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 17.4% |
资本支出强度AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | — | 1.1% | ||
| Q3 25 | 5.0% | 1.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | 0.0% | 1.2% | ||
| Q2 24 | — | 1.5% |
现金转化率AEPRJF
| Q1 26 | — | — | ||
| Q4 25 | 3.00× | -0.02× | ||
| Q3 25 | 2.46× | 1.32× | ||
| Q2 25 | 0.95× | 1.58× | ||
| Q1 25 | 1.81× | 0.24× | ||
| Q4 24 | 2.59× | 1.38× | ||
| Q3 24 | 2.26× | 0.85× | ||
| Q2 24 | 4.27× | 1.45× |
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% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
