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AES Corporation（AES）与美满电子科技（MRVL）财务数据对比。点击上方公司名可切换其他公司
AES Corporation的季度营收约是美满电子科技的1.5倍（$3.1B vs $2.1B），美满电子科技净利率更高（91.7% vs 10.3%，领先81.3%），美满电子科技同比增速更快（36.8% vs 4.7%），美满电子科技自由现金流更多（$508.8M vs $-47.0M），过去两年美满电子科技的营收复合增速更高（20.6% 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。
美满电子科技是总部位于美国加利福尼亚州圣克拉拉的半导体企业，成立于1995年，专注于半导体及相关技术的研发与生产。截至2024年，公司全球员工超6500人，持有全球专利超1万项，2024财年总营收达55亿美元。
AES vs MRVL — 直观对比
营收规模更大
AES
是对方的1.5倍
$2.1B
营收增速更快
MRVL
高出32.1%
4.7%
净利率更高
MRVL
高出81.3%
10.3%
自由现金流更多
MRVL
多$555.8M
$-47.0M
两年增速更快
MRVL
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.1B |
| 净利润 | $320.0M | $1.9B |
| 毛利率 | 18.8% | 51.6% |
| 营业利润率 | -8.7% | 17.2% |
| 净利率 | 10.3% | 91.7% |
| 营收同比 | 4.7% | 36.8% |
| 净利润同比 | -42.9% | 381.1% |
| 每股收益（稀释后） | $0.45 | $2.20 |
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AESMRVL
| Q4 25 | $3.1B | $2.1B | ||
| Q3 25 | $3.4B | $2.0B | ||
| Q2 25 | $2.9B | $1.9B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $3.0B | $1.5B | ||
| Q3 24 | $3.3B | $1.3B | ||
| Q2 24 | $2.9B | $1.2B | ||
| Q1 24 | $3.1B | $1.4B |
净利润AESMRVL
| Q4 25 | $320.0M | $1.9B | ||
| Q3 25 | $639.0M | $194.8M | ||
| Q2 25 | $-95.0M | $177.9M | ||
| Q1 25 | $46.0M | $200.2M | ||
| Q4 24 | $560.0M | $-676.3M | ||
| Q3 24 | $502.0M | $-193.3M | ||
| Q2 24 | $185.0M | $-215.6M | ||
| Q1 24 | $432.0M | $-392.7M |
毛利率AESMRVL
| Q4 25 | 18.8% | 51.6% | ||
| Q3 25 | 21.9% | 50.4% | ||
| Q2 25 | 15.9% | 50.3% | ||
| Q1 25 | 15.1% | 50.5% | ||
| Q4 24 | 14.2% | 23.0% | ||
| Q3 24 | 22.0% | 46.2% | ||
| Q2 24 | 18.8% | 45.5% | ||
| Q1 24 | 20.1% | 46.6% |
营业利润率AESMRVL
| Q4 25 | -8.7% | 17.2% | ||
| Q3 25 | 9.8% | 14.5% | ||
| Q2 25 | 1.4% | 14.3% | ||
| Q1 25 | -0.8% | 12.9% | ||
| Q4 24 | 12.3% | -46.4% | ||
| Q3 24 | 10.0% | -7.9% | ||
| Q2 24 | -2.6% | -13.1% | ||
| Q1 24 | 9.0% | -2.3% |
净利率AESMRVL
| Q4 25 | 10.3% | 91.7% | ||
| Q3 25 | 19.1% | 9.7% | ||
| Q2 25 | -3.3% | 9.4% | ||
| Q1 25 | 1.6% | 11.0% | ||
| Q4 24 | 18.9% | -44.6% | ||
| Q3 24 | 15.3% | -15.2% | ||
| Q2 24 | 6.3% | -18.6% | ||
| Q1 24 | 14.0% | -27.5% |
每股收益（稀释后）AESMRVL
| Q4 25 | $0.45 | $2.20 | ||
| Q3 25 | $0.89 | $0.22 | ||
| Q2 25 | $-0.15 | $0.20 | ||
| Q1 25 | $0.07 | $0.23 | ||
| Q4 24 | $0.78 | $-0.78 | ||
| Q3 24 | $0.71 | $-0.22 | ||
| Q2 24 | $0.27 | $-0.25 | ||
| Q1 24 | $0.60 | $-0.45 |
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 | $2.7B |
| 总债务越低越好 | — | $4.5B |
| 股东权益账面价值 | $4.1B | $14.1B |
| 总资产 | $51.8B | $21.6B |
| 负债/权益比越低杠杆越低 | — | 0.32× |
8季度趋势，按日历期对齐
现金及短期投资AESMRVL
| Q4 25 | $1.6B | $2.7B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.4B | $885.9M | ||
| Q1 25 | $1.8B | $948.3M | ||
| Q4 24 | $1.6B | $868.1M | ||
| Q3 24 | $2.0B | $808.7M | ||
| Q2 24 | $1.8B | $847.7M | ||
| Q1 24 | $2.4B | $950.8M |
总债务AESMRVL
| Q4 25 | — | $4.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益AESMRVL
| Q4 25 | $4.1B | $14.1B | ||
| Q3 25 | $3.9B | $13.4B | ||
| Q2 25 | $3.4B | $13.3B | ||
| Q1 25 | $3.5B | $13.4B | ||
| Q4 24 | $3.6B | $13.4B | ||
| Q3 24 | $3.3B | $14.2B | ||
| Q2 24 | $3.1B | $14.5B | ||
| Q1 24 | $2.9B | $14.8B |
总资产AESMRVL
| Q4 25 | $51.8B | $21.6B | ||
| Q3 25 | $50.8B | $20.6B | ||
| Q2 25 | $48.5B | $20.0B | ||
| Q1 25 | $48.6B | $20.2B | ||
| Q4 24 | $47.4B | $19.7B | ||
| Q3 24 | $50.1B | $20.3B | ||
| Q2 24 | $47.7B | $20.5B | ||
| Q1 24 | $47.0B | $21.2B |
负债/权益比AESMRVL
| Q4 25 | — | 0.32× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.29× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.28× |
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 | $582.3M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $508.8M |
| 自由现金流率自由现金流/营收 | -1.5% | 24.5% |
| 资本支出强度资本支出/营收 | 49.5% | 3.5% |
| 现金转化率经营现金流/净利润 | 4.65× | 0.31× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $1.6B |
8季度趋势，按日历期对齐
经营现金流AESMRVL
| Q4 25 | $1.5B | $582.3M | ||
| Q3 25 | $1.3B | $461.6M | ||
| Q2 25 | $976.0M | $332.9M | ||
| Q1 25 | $545.0M | $514.0M | ||
| Q4 24 | $1.1B | $536.3M | ||
| Q3 24 | $985.0M | $306.4M | ||
| Q2 24 | $392.0M | $324.5M | ||
| Q1 24 | $287.0M | $546.6M |
自由现金流AESMRVL
| Q4 25 | $-47.0M | $508.8M | ||
| Q3 25 | $-511.0M | $414.1M | ||
| Q2 25 | $-356.0M | $214.1M | ||
| Q1 25 | $-709.0M | $444.1M | ||
| Q4 24 | $-639.0M | $461.3M | ||
| Q3 24 | $-847.0M | $258.2M | ||
| Q2 24 | $-1.3B | $233.0M | ||
| Q1 24 | $-1.9B | $475.6M |
自由现金流率AESMRVL
| Q4 25 | -1.5% | 24.5% | ||
| Q3 25 | -15.2% | 20.6% | ||
| Q2 25 | -12.5% | 11.3% | ||
| Q1 25 | -24.2% | 24.4% | ||
| Q4 24 | -21.6% | 30.4% | ||
| Q3 24 | -25.8% | 20.3% | ||
| Q2 24 | -43.9% | 20.1% | ||
| Q1 24 | -60.3% | 33.3% |
资本支出强度AESMRVL
| Q4 25 | 49.5% | 3.5% | ||
| Q3 25 | 54.0% | 2.4% | ||
| Q2 25 | 46.7% | 6.3% | ||
| Q1 25 | 42.9% | 3.8% | ||
| Q4 24 | 58.3% | 4.9% | ||
| Q3 24 | 55.7% | 3.8% | ||
| Q2 24 | 57.3% | 7.9% | ||
| Q1 24 | 69.6% | 5.0% |
现金转化率AESMRVL
| Q4 25 | 4.65× | 0.31× | ||
| Q3 25 | 2.03× | 2.37× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | 11.85× | 2.57× | ||
| 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% |
MRVL
暂无分部数据
