vs
AES Corporation（AES）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是李维斯的1.8倍（$3.1B vs $1.8B），AES Corporation净利率更高（10.3% vs 8.9%，领先1.4%），AES Corporation同比增速更快（4.7% vs -4.0%），李维斯自由现金流更多（$215.7M vs $-47.0M），过去两年李维斯的营收复合增速更高（6.5% 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。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
AES vs LEVI — 直观对比
营收规模更大
AES
是对方的1.8倍
$1.8B
营收增速更快
AES
高出8.7%
-4.0%
净利率更高
AES
高出1.4%
8.9%
自由现金流更多
LEVI
多$262.7M
$-47.0M
两年增速更快
LEVI
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.8B |
| 净利润 | $320.0M | $158.0M |
| 毛利率 | 18.8% | 60.8% |
| 营业利润率 | -8.7% | 11.9% |
| 净利率 | 10.3% | 8.9% |
| 营收同比 | 4.7% | -4.0% |
| 净利润同比 | -42.9% | -13.4% |
| 每股收益（稀释后） | $0.45 | $0.39 |
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AESLEVI
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.4B | $1.5B | ||
| Q2 25 | $2.9B | $1.4B | ||
| Q1 25 | $2.9B | $1.5B | ||
| Q4 24 | $3.0B | $1.8B | ||
| Q3 24 | $3.3B | $1.5B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $3.1B | $1.6B |
净利润AESLEVI
| Q4 25 | $320.0M | $158.0M | ||
| Q3 25 | $639.0M | $218.1M | ||
| Q2 25 | $-95.0M | $67.0M | ||
| Q1 25 | $46.0M | $135.0M | ||
| Q4 24 | $560.0M | $182.5M | ||
| Q3 24 | $502.0M | $20.7M | ||
| Q2 24 | $185.0M | $18.0M | ||
| Q1 24 | $432.0M | $-10.6M |
毛利率AESLEVI
| Q4 25 | 18.8% | 60.8% | ||
| Q3 25 | 21.9% | 61.7% | ||
| Q2 25 | 15.9% | 62.6% | ||
| Q1 25 | 15.1% | 62.1% | ||
| Q4 24 | 14.2% | 61.3% | ||
| Q3 24 | 22.0% | 60.0% | ||
| Q2 24 | 18.8% | 60.5% | ||
| Q1 24 | 20.1% | 58.2% |
营业利润率AESLEVI
| Q4 25 | -8.7% | 11.9% | ||
| Q3 25 | 9.8% | 10.8% | ||
| Q2 25 | 1.4% | 7.5% | ||
| Q1 25 | -0.8% | 12.5% | ||
| Q4 24 | 12.3% | 11.5% | ||
| Q3 24 | 10.0% | 2.0% | ||
| Q2 24 | -2.6% | 1.5% | ||
| Q1 24 | 9.0% | -0.0% |
净利率AESLEVI
| Q4 25 | 10.3% | 8.9% | ||
| Q3 25 | 19.1% | 14.1% | ||
| Q2 25 | -3.3% | 4.6% | ||
| Q1 25 | 1.6% | 8.8% | ||
| Q4 24 | 18.9% | 9.9% | ||
| Q3 24 | 15.3% | 1.4% | ||
| Q2 24 | 6.3% | 1.2% | ||
| Q1 24 | 14.0% | -0.7% |
每股收益（稀释后）AESLEVI
| Q4 25 | $0.45 | $0.39 | ||
| Q3 25 | $0.89 | $0.55 | ||
| Q2 25 | $-0.15 | $0.17 | ||
| Q1 25 | $0.07 | $0.34 | ||
| Q4 24 | $0.78 | $0.46 | ||
| Q3 24 | $0.71 | $0.05 | ||
| Q2 24 | $0.27 | $0.04 | ||
| Q1 24 | $0.60 | $-0.03 |
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 | $848.8M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $4.1B | $2.3B |
| 总资产 | $51.8B | $6.8B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资AESLEVI
| Q4 25 | $1.6B | $848.8M | ||
| Q3 25 | $1.8B | $707.5M | ||
| Q2 25 | $1.4B | $736.7M | ||
| Q1 25 | $1.8B | $574.4M | ||
| Q4 24 | $1.6B | $690.0M | ||
| Q3 24 | $2.0B | $577.1M | ||
| Q2 24 | $1.8B | $641.4M | ||
| Q1 24 | $2.4B | $516.7M |
总债务AESLEVI
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $987.4M | ||
| Q4 24 | — | $994.0M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $1.0B |
股东权益AESLEVI
| Q4 25 | $4.1B | $2.3B | ||
| Q3 25 | $3.9B | $2.2B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $3.5B | $2.0B | ||
| Q4 24 | $3.6B | $2.0B | ||
| Q3 24 | $3.3B | $1.9B | ||
| Q2 24 | $3.1B | $2.0B | ||
| Q1 24 | $2.9B | $2.0B |
总资产AESLEVI
| Q4 25 | $51.8B | $6.8B | ||
| Q3 25 | $50.8B | $6.7B | ||
| Q2 25 | $48.5B | $6.5B | ||
| Q1 25 | $48.6B | $6.2B | ||
| Q4 24 | $47.4B | $6.4B | ||
| Q3 24 | $50.1B | $6.3B | ||
| Q2 24 | $47.7B | $6.2B | ||
| Q1 24 | $47.0B | $6.0B |
负债/权益比AESLEVI
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.49× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.51× |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $215.7M |
| 自由现金流率自由现金流/营收 | -1.5% | 12.2% |
| 资本支出强度资本支出/营收 | 49.5% | 2.9% |
| 现金转化率经营现金流/净利润 | 4.65× | 1.69× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $308.2M |
8季度趋势，按日历期对齐
经营现金流AESLEVI
| Q4 25 | $1.5B | $266.8M | ||
| Q3 25 | $1.3B | $24.8M | ||
| Q2 25 | $976.0M | $185.5M | ||
| Q1 25 | $545.0M | $52.5M | ||
| Q4 24 | $1.1B | $297.3M | ||
| Q3 24 | $985.0M | $52.3M | ||
| Q2 24 | $392.0M | $262.8M | ||
| Q1 24 | $287.0M | $286.0M |
自由现金流AESLEVI
| Q4 25 | $-47.0M | $215.7M | ||
| Q3 25 | $-511.0M | $-39.4M | ||
| Q2 25 | $-356.0M | $146.0M | ||
| Q1 25 | $-709.0M | $-14.1M | ||
| Q4 24 | $-639.0M | $231.6M | ||
| Q3 24 | $-847.0M | $2.3M | ||
| Q2 24 | $-1.3B | $222.6M | ||
| Q1 24 | $-1.9B | $214.4M |
自由现金流率AESLEVI
| Q4 25 | -1.5% | 12.2% | ||
| Q3 25 | -15.2% | -2.6% | ||
| Q2 25 | -12.5% | 10.1% | ||
| Q1 25 | -24.2% | -0.9% | ||
| Q4 24 | -21.6% | 12.6% | ||
| Q3 24 | -25.8% | 0.2% | ||
| Q2 24 | -43.9% | 15.4% | ||
| Q1 24 | -60.3% | 13.8% |
资本支出强度AESLEVI
| Q4 25 | 49.5% | 2.9% | ||
| Q3 25 | 54.0% | 4.2% | ||
| Q2 25 | 46.7% | 2.7% | ||
| Q1 25 | 42.9% | 4.4% | ||
| Q4 24 | 58.3% | 3.6% | ||
| Q3 24 | 55.7% | 3.3% | ||
| Q2 24 | 57.3% | 2.8% | ||
| Q1 24 | 69.6% | 4.6% |
现金转化率AESLEVI
| Q4 25 | 4.65× | 1.69× | ||
| Q3 25 | 2.03× | 0.11× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | 11.85× | 0.39× | ||
| Q4 24 | 1.94× | 1.63× | ||
| Q3 24 | 1.96× | 2.53× | ||
| Q2 24 | 2.12× | 14.60× | ||
| 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% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
