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AES Corporation（AES）与Archrock, Inc.（AROC）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是Archrock, Inc.的8.2倍（$3.1B vs $377.1M）。Archrock, Inc.净利率更高（31.0% vs 10.3%，领先20.6%）。Archrock, Inc.同比增速更快（15.5% vs 4.7%）。Archrock, Inc.自由现金流更多（$126.7M vs $-47.0M）。过去两年Archrock, Inc.的营收复合增速更高（18.5% vs 0.3%）
AES公司是美国知名公用事业及发电企业，总部位于弗吉尼亚州阿灵顿，位列《财富》全球500强。集团在全球15个国家运营电力生产及分销业务，持有并运营多座发电厂，向终端用户、公用事业机构、工业设施等客户售电，全球员工总数达10500人。
Archrock, Inc. 是领先的天然气压缩服务及相关设备解决方案供应商，主要服务北美油气领域，核心业务涵盖压缩系统租赁、维护、售后支持及销售，覆盖上游生产、中游运输与天然气加工板块。
AES vs AROC — 直观对比
营收规模更大
AES
是对方的8.2倍
$377.1M
营收增速更快
AROC
高出10.8%
4.7%
净利率更高
AROC
高出20.6%
10.3%
自由现金流更多
AROC
多$173.7M
$-47.0M
两年增速更快
AROC
近两年复合增速
0.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $377.1M |
| 净利润 | $320.0M | $116.8M |
| 毛利率 | 18.8% | 53.0% |
| 营业利润率 | -8.7% | 39.4% |
| 净利率 | 10.3% | 31.0% |
| 营收同比 | 4.7% | 15.5% |
| 净利润同比 | -42.9% | 95.4% |
| 每股收益（稀释后） | $0.45 | $0.67 |
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AESAROC
| Q4 25 | $3.1B | $377.1M | ||
| Q3 25 | $3.4B | $382.4M | ||
| Q2 25 | $2.9B | $383.2M | ||
| Q1 25 | $2.9B | $347.2M | ||
| Q4 24 | $3.0B | $326.4M | ||
| Q3 24 | $3.3B | $292.2M | ||
| Q2 24 | $2.9B | $270.5M | ||
| Q1 24 | $3.1B | $268.5M |
净利润AESAROC
| Q4 25 | $320.0M | $116.8M | ||
| Q3 25 | $639.0M | $71.2M | ||
| Q2 25 | $-95.0M | $63.4M | ||
| Q1 25 | $46.0M | $70.8M | ||
| Q4 24 | $560.0M | $59.8M | ||
| Q3 24 | $502.0M | $37.5M | ||
| Q2 24 | $185.0M | $34.4M | ||
| Q1 24 | $432.0M | $40.5M |
毛利率AESAROC
| Q4 25 | 18.8% | 53.0% | ||
| Q3 25 | 21.9% | 48.5% | ||
| Q2 25 | 15.9% | 45.4% | ||
| Q1 25 | 15.1% | 47.4% | ||
| Q4 24 | 14.2% | 46.3% | ||
| Q3 24 | 22.0% | 44.4% | ||
| Q2 24 | 18.8% | 41.5% | ||
| Q1 24 | 20.1% | 42.1% |
营业利润率AESAROC
| Q4 25 | -8.7% | 39.4% | ||
| Q3 25 | 9.8% | 25.3% | ||
| Q2 25 | 1.4% | 22.5% | ||
| Q1 25 | -0.8% | 26.5% | ||
| Q4 24 | 12.3% | 24.0% | ||
| Q3 24 | 10.0% | 18.1% | ||
| Q2 24 | -2.6% | 17.6% | ||
| Q1 24 | 9.0% | 20.0% |
净利率AESAROC
| Q4 25 | 10.3% | 31.0% | ||
| Q3 25 | 19.1% | 18.6% | ||
| Q2 25 | -3.3% | 16.6% | ||
| Q1 25 | 1.6% | 20.4% | ||
| Q4 24 | 18.9% | 18.3% | ||
| Q3 24 | 15.3% | 12.8% | ||
| Q2 24 | 6.3% | 12.7% | ||
| Q1 24 | 14.0% | 15.1% |
每股收益（稀释后）AESAROC
| Q4 25 | $0.45 | $0.67 | ||
| Q3 25 | $0.89 | $0.40 | ||
| Q2 25 | $-0.15 | $0.36 | ||
| Q1 25 | $0.07 | $0.40 | ||
| Q4 24 | $0.78 | $0.35 | ||
| Q3 24 | $0.71 | $0.22 | ||
| Q2 24 | $0.27 | $0.22 | ||
| Q1 24 | $0.60 | $0.26 |
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 | $1.6B | $1.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.1B | $1.5B |
| 总资产 | $51.8B | $4.3B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AESAROC
| Q4 25 | $1.6B | $1.6M | ||
| Q3 25 | $1.8B | $4.1M | ||
| Q2 25 | $1.4B | $5.9M | ||
| Q1 25 | $1.8B | $4.8M | ||
| Q4 24 | $1.6B | $4.4M | ||
| Q3 24 | $2.0B | $3.7M | ||
| Q2 24 | $1.8B | $919.0K | ||
| Q1 24 | $2.4B | $1.2M |
股东权益AESAROC
| Q4 25 | $4.1B | $1.5B | ||
| Q3 25 | $3.9B | $1.4B | ||
| Q2 25 | $3.4B | $1.4B | ||
| Q1 25 | $3.5B | $1.3B | ||
| Q4 24 | $3.6B | $1.3B | ||
| Q3 24 | $3.3B | $1.3B | ||
| Q2 24 | $3.1B | $894.5M | ||
| Q1 24 | $2.9B | $882.1M |
总资产AESAROC
| Q4 25 | $51.8B | $4.3B | ||
| Q3 25 | $50.8B | $4.4B | ||
| Q2 25 | $48.5B | $4.4B | ||
| Q1 25 | $48.6B | $4.0B | ||
| Q4 24 | $47.4B | $3.8B | ||
| Q3 24 | $50.1B | $3.8B | ||
| Q2 24 | $47.7B | $2.7B | ||
| Q1 24 | $47.0B | $2.7B |
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 | $1.5B | $214.5M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $126.7M |
| 自由现金流率自由现金流/营收 | -1.5% | 33.6% |
| 资本支出强度资本支出/营收 | 49.5% | 23.3% |
| 现金转化率经营现金流/净利润 | 4.65× | 1.84× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $119.6M |
8季度趋势，按日历期对齐
经营现金流AESAROC
| Q4 25 | $1.5B | $214.5M | ||
| Q3 25 | $1.3B | $164.5M | ||
| Q2 25 | $976.0M | $127.5M | ||
| Q1 25 | $545.0M | $115.6M | ||
| Q4 24 | $1.1B | $124.3M | ||
| Q3 24 | $985.0M | $96.9M | ||
| Q2 24 | $392.0M | $70.7M | ||
| Q1 24 | $287.0M | $137.7M |
自由现金流AESAROC
| Q4 25 | $-47.0M | $126.7M | ||
| Q3 25 | $-511.0M | $29.5M | ||
| Q2 25 | $-356.0M | $16.0M | ||
| Q1 25 | $-709.0M | $-52.5M | ||
| Q4 24 | $-639.0M | $26.4M | ||
| Q3 24 | $-847.0M | $26.9M | ||
| Q2 24 | $-1.3B | $-20.6M | ||
| Q1 24 | $-1.9B | $37.9M |
自由现金流率AESAROC
| Q4 25 | -1.5% | 33.6% | ||
| Q3 25 | -15.2% | 7.7% | ||
| Q2 25 | -12.5% | 4.2% | ||
| Q1 25 | -24.2% | -15.1% | ||
| Q4 24 | -21.6% | 8.1% | ||
| Q3 24 | -25.8% | 9.2% | ||
| Q2 24 | -43.9% | -7.6% | ||
| Q1 24 | -60.3% | 14.1% |
资本支出强度AESAROC
| Q4 25 | 49.5% | 23.3% | ||
| Q3 25 | 54.0% | 35.3% | ||
| Q2 25 | 46.7% | 29.1% | ||
| Q1 25 | 42.9% | 48.4% | ||
| Q4 24 | 58.3% | 30.0% | ||
| Q3 24 | 55.7% | 24.0% | ||
| Q2 24 | 57.3% | 33.7% | ||
| Q1 24 | 69.6% | 37.2% |
现金转化率AESAROC
| Q4 25 | 4.65× | 1.84× | ||
| Q3 25 | 2.03× | 2.31× | ||
| Q2 25 | — | 2.01× | ||
| Q1 25 | 11.85× | 1.63× | ||
| Q4 24 | 1.94× | 2.08× | ||
| Q3 24 | 1.96× | 2.58× | ||
| Q2 24 | 2.12× | 2.05× | ||
| Q1 24 | 0.66× | 3.40× |
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
AES
| Electric Distribution | $1.0B | 33% |
| Regulated Revenue | $1.0B | 33% |
| Renewables | $786.0M | 25% |
| AES Andes | $225.0M | 7% |
| Corporate Other And Other | $38.0M | 1% |
| Other Expense | $10.0M | 0% |
AROC
| Horsepower Group Three | $112.6M | 30% |
| Horsepower Group Two | $108.5M | 29% |
| Horsepower Group One | $105.9M | 28% |
| Services | $32.9M | 9% |
| Over Counter Parts And Component Sales | $17.0M | 5% |
| Transferred At Point In Time | $1.4M | 0% |
