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AES Corporation（AES）与布鲁姆能源（CLNE）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是布鲁姆能源的27.6倍（$3.1B vs $112.3M）。AES Corporation净利率更高（10.3% vs -38.3%，领先48.6%）。AES Corporation同比增速更快（4.7% vs 2.7%）。布鲁姆能源自由现金流更多（$6.5M vs $-47.0M）。过去两年布鲁姆能源的营收复合增速更高（4.1% 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。
布鲁姆能源是一家美国上市企业，设计并制造固体氧化物燃料电池，该产品可在数据中心、制造业及其他商业领域的场所内独立发电。公司成立于2001年，总部位于加利福尼亚州圣何塞，其技术依靠化学转化过程发电，无需依赖传统燃烧，可使用天然气、沼气或氢气作为燃料。
AES vs CLNE — 直观对比
营收规模更大
AES
是对方的27.6倍
$112.3M
营收增速更快
AES
高出2.0%
2.7%
净利率更高
AES
高出48.6%
-38.3%
自由现金流更多
CLNE
多$53.5M
$-47.0M
两年增速更快
CLNE
近两年复合增速
0.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $112.3M |
| 净利润 | $320.0M | $-43.0M |
| 毛利率 | 18.8% | — |
| 营业利润率 | -8.7% | -9.5% |
| 净利率 | 10.3% | -38.3% |
| 营收同比 | 4.7% | 2.7% |
| 净利润同比 | -42.9% | -42.6% |
| 每股收益（稀释后） | $0.45 | $-0.21 |
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AESCLNE
| Q4 25 | $3.1B | $112.3M | ||
| Q3 25 | $3.4B | $106.1M | ||
| Q2 25 | $2.9B | $102.6M | ||
| Q1 25 | $2.9B | $103.8M | ||
| Q4 24 | $3.0B | $109.3M | ||
| Q3 24 | $3.3B | $104.9M | ||
| Q2 24 | $2.9B | $98.0M | ||
| Q1 24 | $3.1B | $103.7M |
净利润AESCLNE
| Q4 25 | $320.0M | $-43.0M | ||
| Q3 25 | $639.0M | $-23.8M | ||
| Q2 25 | $-95.0M | $-20.2M | ||
| Q1 25 | $46.0M | $-135.0M | ||
| Q4 24 | $560.0M | $-30.2M | ||
| Q3 24 | $502.0M | $-18.2M | ||
| Q2 24 | $185.0M | $-16.3M | ||
| Q1 24 | $432.0M | $-18.4M |
毛利率AESCLNE
| Q4 25 | 18.8% | — | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | 15.9% | — | ||
| Q1 25 | 15.1% | — | ||
| Q4 24 | 14.2% | — | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | 18.8% | — | ||
| Q1 24 | 20.1% | — |
营业利润率AESCLNE
| Q4 25 | -8.7% | -9.5% | ||
| Q3 25 | 9.8% | -12.8% | ||
| Q2 25 | 1.4% | -9.0% | ||
| Q1 25 | -0.8% | -121.7% | ||
| Q4 24 | 12.3% | -11.8% | ||
| Q3 24 | 10.0% | -8.1% | ||
| Q2 24 | -2.6% | -5.7% | ||
| Q1 24 | 9.0% | -9.0% |
净利率AESCLNE
| Q4 25 | 10.3% | -38.3% | ||
| Q3 25 | 19.1% | -22.4% | ||
| Q2 25 | -3.3% | -19.7% | ||
| Q1 25 | 1.6% | -130.1% | ||
| Q4 24 | 18.9% | -27.6% | ||
| Q3 24 | 15.3% | -17.3% | ||
| Q2 24 | 6.3% | -16.6% | ||
| Q1 24 | 14.0% | -17.8% |
每股收益（稀释后）AESCLNE
| Q4 25 | $0.45 | $-0.21 | ||
| Q3 25 | $0.89 | $-0.11 | ||
| Q2 25 | $-0.15 | $-0.09 | ||
| Q1 25 | $0.07 | $-0.60 | ||
| Q4 24 | $0.78 | $-0.14 | ||
| Q3 24 | $0.71 | $-0.08 | ||
| Q2 24 | $0.27 | $-0.07 | ||
| Q1 24 | $0.60 | $-0.08 |
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 | $156.1M |
| 总债务越低越好 | — | $226.8M |
| 股东权益账面价值 | $4.1B | $559.4M |
| 总资产 | $51.8B | $1.1B |
| 负债/权益比越低杠杆越低 | — | 0.41× |
8季度趋势，按日历期对齐
现金及短期投资AESCLNE
| Q4 25 | $1.6B | $156.1M | ||
| Q3 25 | $1.8B | $232.2M | ||
| Q2 25 | $1.4B | $240.8M | ||
| Q1 25 | $1.8B | $226.6M | ||
| Q4 24 | $1.6B | $217.5M | ||
| Q3 24 | $2.0B | $243.5M | ||
| Q2 24 | $1.8B | $249.3M | ||
| Q1 24 | $2.4B | $248.9M |
总债务AESCLNE
| Q4 25 | — | $226.8M | ||
| Q3 25 | — | $284.3M | ||
| Q2 25 | — | $277.9M | ||
| Q1 25 | — | $271.6M | ||
| Q4 24 | — | $265.4M | ||
| Q3 24 | — | $264.1M | ||
| Q2 24 | — | $263.0M | ||
| Q1 24 | — | $262.0M |
股东权益AESCLNE
| Q4 25 | $4.1B | $559.4M | ||
| Q3 25 | $3.9B | $585.2M | ||
| Q2 25 | $3.4B | $590.8M | ||
| Q1 25 | $3.5B | $596.7M | ||
| Q4 24 | $3.6B | $713.3M | ||
| Q3 24 | $3.3B | $724.8M | ||
| Q2 24 | $3.1B | $723.0M | ||
| Q1 24 | $2.9B | $722.9M |
总资产AESCLNE
| Q4 25 | $51.8B | $1.1B | ||
| Q3 25 | $50.8B | $1.1B | ||
| Q2 25 | $48.5B | $1.1B | ||
| Q1 25 | $48.6B | $1.1B | ||
| Q4 24 | $47.4B | $1.2B | ||
| Q3 24 | $50.1B | $1.2B | ||
| Q2 24 | $47.7B | $1.2B | ||
| Q1 24 | $47.0B | $1.2B |
负债/权益比AESCLNE
| Q4 25 | — | 0.41× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.37× | ||
| Q3 24 | — | 0.36× | ||
| Q2 24 | — | 0.36× | ||
| Q1 24 | — | 0.36× |
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 | $13.1M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $6.5M |
| 自由现金流率自由现金流/营收 | -1.5% | 5.8% |
| 资本支出强度资本支出/营收 | 49.5% | 5.9% |
| 现金转化率经营现金流/净利润 | 4.65× | — |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $59.9M |
8季度趋势，按日历期对齐
经营现金流AESCLNE
| Q4 25 | $1.5B | $13.1M | ||
| Q3 25 | $1.3B | $13.1M | ||
| Q2 25 | $976.0M | $35.9M | ||
| Q1 25 | $545.0M | $23.4M | ||
| Q4 24 | $1.1B | $21.9M | ||
| Q3 24 | $985.0M | $21.4M | ||
| Q2 24 | $392.0M | $18.8M | ||
| Q1 24 | $287.0M | $2.6M |
自由现金流AESCLNE
| Q4 25 | $-47.0M | $6.5M | ||
| Q3 25 | $-511.0M | $6.5M | ||
| Q2 25 | $-356.0M | $30.9M | ||
| Q1 25 | $-709.0M | $15.9M | ||
| Q4 24 | $-639.0M | $10.3M | ||
| Q3 24 | $-847.0M | $42.0K | ||
| Q2 24 | $-1.3B | $4.8M | ||
| Q1 24 | $-1.9B | $-15.6M |
自由现金流率AESCLNE
| Q4 25 | -1.5% | 5.8% | ||
| Q3 25 | -15.2% | 6.1% | ||
| Q2 25 | -12.5% | 30.2% | ||
| Q1 25 | -24.2% | 15.4% | ||
| Q4 24 | -21.6% | 9.5% | ||
| Q3 24 | -25.8% | 0.0% | ||
| Q2 24 | -43.9% | 4.9% | ||
| Q1 24 | -60.3% | -15.1% |
资本支出强度AESCLNE
| Q4 25 | 49.5% | 5.9% | ||
| Q3 25 | 54.0% | 6.2% | ||
| Q2 25 | 46.7% | 4.8% | ||
| Q1 25 | 42.9% | 7.2% | ||
| Q4 24 | 58.3% | 10.5% | ||
| Q3 24 | 55.7% | 20.3% | ||
| Q2 24 | 57.3% | 14.2% | ||
| Q1 24 | 69.6% | 17.6% |
现金转化率AESCLNE
| Q4 25 | 4.65× | — | ||
| Q3 25 | 2.03× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 11.85× | — | ||
| Q4 24 | 1.94× | — | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.12× | — | ||
| Q1 24 | 0.66× | — |
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% |
CLNE
| Volume Related Fuel Sales | $73.6M | 66% |
| Services | $15.1M | 13% |
| Station Construction Sales | $10.7M | 9% |
| Volume Related Renewable Identification Number Credits | $9.5M | 8% |
| Volume Related Low Carbon Fuel Standard Credits | $3.4M | 3% |
