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AES Corporation（AES）与CVR ENERGY INC（CVI）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CVR ENERGY INC的1.7倍（$3.1B vs $1.8B），AES Corporation净利率更高（10.3% vs -6.1%，领先16.4%），AES Corporation同比增速更快（4.7% vs -7.0%），过去两年AES Corporation的营收复合增速更高（0.3% vs -1.4%）
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。
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
AES vs CVI — 直观对比
营收规模更大
AES
是对方的1.7倍
$1.8B
营收增速更快
AES
高出11.7%
-7.0%
净利率更高
AES
高出16.4%
-6.1%
两年增速更快
AES
近两年复合增速
-1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.8B |
| 净利润 | $320.0M | $-110.0M |
| 毛利率 | 18.8% | -3.1% |
| 营业利润率 | -8.7% | -5.3% |
| 净利率 | 10.3% | -6.1% |
| 营收同比 | 4.7% | -7.0% |
| 净利润同比 | -42.9% | -492.9% |
| 每股收益（稀释后） | $0.45 | $-1.09 |
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AESCVI
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.4B | $1.9B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $2.9B | $1.6B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.3B | $1.8B | ||
| Q2 24 | $2.9B | $2.0B | ||
| Q1 24 | $3.1B | $1.9B |
净利润AESCVI
| Q4 25 | $320.0M | $-110.0M | ||
| Q3 25 | $639.0M | $374.0M | ||
| Q2 25 | $-95.0M | $-114.0M | ||
| Q1 25 | $46.0M | $-123.0M | ||
| Q4 24 | $560.0M | $28.0M | ||
| Q3 24 | $502.0M | $-124.0M | ||
| Q2 24 | $185.0M | $21.0M | ||
| Q1 24 | $432.0M | $82.0M |
毛利率AESCVI
| Q4 25 | 18.8% | -3.1% | ||
| Q3 25 | 21.9% | 28.8% | ||
| Q2 25 | 15.9% | -3.7% | ||
| Q1 25 | 15.1% | -5.5% | ||
| Q4 24 | 14.2% | 3.0% | ||
| Q3 24 | 22.0% | -3.9% | ||
| Q2 24 | 18.8% | 2.9% | ||
| Q1 24 | 20.1% | 8.6% |
营业利润率AESCVI
| Q4 25 | -8.7% | -5.3% | ||
| Q3 25 | 9.8% | 26.3% | ||
| Q2 25 | 1.4% | -5.8% | ||
| Q1 25 | -0.8% | -8.0% | ||
| Q4 24 | 12.3% | 1.1% | ||
| Q3 24 | 10.0% | -6.2% | ||
| Q2 24 | -2.6% | 1.4% | ||
| Q1 24 | 9.0% | 6.6% |
净利率AESCVI
| Q4 25 | 10.3% | -6.1% | ||
| Q3 25 | 19.1% | 19.2% | ||
| Q2 25 | -3.3% | -6.5% | ||
| Q1 25 | 1.6% | -7.5% | ||
| Q4 24 | 18.9% | 1.4% | ||
| Q3 24 | 15.3% | -6.8% | ||
| Q2 24 | 6.3% | 1.1% | ||
| Q1 24 | 14.0% | 4.4% |
每股收益（稀释后）AESCVI
| Q4 25 | $0.45 | $-1.09 | ||
| Q3 25 | $0.89 | $3.72 | ||
| Q2 25 | $-0.15 | $-1.14 | ||
| Q1 25 | $0.07 | $-1.22 | ||
| Q4 24 | $0.78 | $0.28 | ||
| Q3 24 | $0.71 | $-1.24 | ||
| Q2 24 | $0.27 | $0.21 | ||
| Q1 24 | $0.60 | $0.81 |
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 | $511.0M |
| 总债务越低越好 | — | $1.8B |
| 股东权益账面价值 | $4.1B | $730.0M |
| 总资产 | $51.8B | $3.7B |
| 负债/权益比越低杠杆越低 | — | 2.40× |
8季度趋势，按日历期对齐
现金及短期投资AESCVI
| Q4 25 | $1.6B | $511.0M | ||
| Q3 25 | $1.8B | $670.0M | ||
| Q2 25 | $1.4B | $596.0M | ||
| Q1 25 | $1.8B | $695.0M | ||
| Q4 24 | $1.6B | $987.0M | ||
| Q3 24 | $2.0B | $534.0M | ||
| Q2 24 | $1.8B | $586.0M | ||
| Q1 24 | $2.4B | $644.0M |
总债务AESCVI
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
股东权益AESCVI
| Q4 25 | $4.1B | $730.0M | ||
| Q3 25 | $3.9B | $840.0M | ||
| Q2 25 | $3.4B | $466.0M | ||
| Q1 25 | $3.5B | $580.0M | ||
| Q4 24 | $3.6B | $703.0M | ||
| Q3 24 | $3.3B | $675.0M | ||
| Q2 24 | $3.1B | $849.0M | ||
| Q1 24 | $2.9B | $879.0M |
总资产AESCVI
| Q4 25 | $51.8B | $3.7B | ||
| Q3 25 | $50.8B | $4.0B | ||
| Q2 25 | $48.5B | $4.0B | ||
| Q1 25 | $48.6B | $4.3B | ||
| Q4 24 | $47.4B | $4.3B | ||
| Q3 24 | $50.1B | $3.9B | ||
| Q2 24 | $47.7B | $4.0B | ||
| Q1 24 | $47.0B | $4.1B |
负债/权益比AESCVI
| Q4 25 | — | 2.40× | ||
| Q3 25 | — | 2.17× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.29× | ||
| Q4 24 | — | 2.71× | ||
| Q3 24 | — | 2.33× | ||
| Q2 24 | — | 1.86× | ||
| Q1 24 | — | 1.79× |
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 | $0 |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | — |
| 自由现金流率自由现金流/营收 | -1.5% | — |
| 资本支出强度资本支出/营收 | 49.5% | 3.0% |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流AESCVI
| Q4 25 | $1.5B | $0 | ||
| Q3 25 | $1.3B | $163.0M | ||
| Q2 25 | $976.0M | $176.0M | ||
| Q1 25 | $545.0M | $-195.0M | ||
| Q4 24 | $1.1B | $98.0M | ||
| Q3 24 | $985.0M | $48.0M | ||
| Q2 24 | $392.0M | $81.0M | ||
| Q1 24 | $287.0M | $177.0M |
自由现金流AESCVI
| Q4 25 | $-47.0M | — | ||
| Q3 25 | $-511.0M | $125.0M | ||
| Q2 25 | $-356.0M | $135.0M | ||
| Q1 25 | $-709.0M | $-246.0M | ||
| Q4 24 | $-639.0M | $43.0M | ||
| Q3 24 | $-847.0M | $14.0M | ||
| Q2 24 | $-1.3B | $38.0M | ||
| Q1 24 | $-1.9B | $130.0M |
自由现金流率AESCVI
| Q4 25 | -1.5% | — | ||
| Q3 25 | -15.2% | 6.4% | ||
| Q2 25 | -12.5% | 7.7% | ||
| Q1 25 | -24.2% | -14.9% | ||
| Q4 24 | -21.6% | 2.2% | ||
| Q3 24 | -25.8% | 0.8% | ||
| Q2 24 | -43.9% | 1.9% | ||
| Q1 24 | -60.3% | 7.0% |
资本支出强度AESCVI
| Q4 25 | 49.5% | 3.0% | ||
| Q3 25 | 54.0% | 2.0% | ||
| Q2 25 | 46.7% | 2.3% | ||
| Q1 25 | 42.9% | 3.1% | ||
| Q4 24 | 58.3% | 2.8% | ||
| Q3 24 | 55.7% | 1.9% | ||
| Q2 24 | 57.3% | 2.2% | ||
| Q1 24 | 69.6% | 2.5% |
现金转化率AESCVI
| Q4 25 | 4.65× | — | ||
| Q3 25 | 2.03× | 0.44× | ||
| Q2 25 | — | — | ||
| Q1 25 | 11.85× | — | ||
| Q4 24 | 1.94× | 3.50× | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.12× | 3.86× | ||
| Q1 24 | 0.66× | 2.16× |
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% |
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
