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AES Corporation（AES）与Post Holdings, Inc.（POST）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Post Holdings, Inc.的1.4倍（$3.1B vs $2.2B），AES Corporation净利率更高（10.3% vs 4.5%，领先5.9%），Post Holdings, Inc.同比增速更快（10.1% vs 4.7%），Post Holdings, Inc.自由现金流更多（$119.3M vs $-47.0M），过去两年Post Holdings, Inc.的营收复合增速更高（4.3% 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。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
AES vs POST — 直观对比
营收规模更大
AES
是对方的1.4倍
$2.2B
营收增速更快
POST
高出5.4%
4.7%
净利率更高
AES
高出5.9%
4.5%
自由现金流更多
POST
多$166.3M
$-47.0M
两年增速更快
POST
近两年复合增速
0.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $2.2B |
| 净利润 | $320.0M | $96.8M |
| 毛利率 | 18.8% | 29.4% |
| 营业利润率 | -8.7% | 11.0% |
| 净利率 | 10.3% | 4.5% |
| 营收同比 | 4.7% | 10.1% |
| 净利润同比 | -42.9% | -14.6% |
| 每股收益（稀释后） | $0.45 | $1.71 |
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AESPOST
| Q4 25 | $3.1B | $2.2B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $2.9B | $2.0B | ||
| Q1 25 | $2.9B | $2.0B | ||
| Q4 24 | $3.0B | $2.0B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $2.9B | $1.9B | ||
| Q1 24 | $3.1B | $2.0B |
净利润AESPOST
| Q4 25 | $320.0M | $96.8M | ||
| Q3 25 | $639.0M | $51.0M | ||
| Q2 25 | $-95.0M | $108.8M | ||
| Q1 25 | $46.0M | $62.6M | ||
| Q4 24 | $560.0M | $113.3M | ||
| Q3 24 | $502.0M | $81.6M | ||
| Q2 24 | $185.0M | $99.8M | ||
| Q1 24 | $432.0M | $97.2M |
毛利率AESPOST
| Q4 25 | 18.8% | 29.4% | ||
| Q3 25 | 21.9% | 26.8% | ||
| Q2 25 | 15.9% | 30.0% | ||
| Q1 25 | 15.1% | 28.0% | ||
| Q4 24 | 14.2% | 30.1% | ||
| Q3 24 | 22.0% | 28.6% | ||
| Q2 24 | 18.8% | 29.6% | ||
| Q1 24 | 20.1% | 29.0% |
营业利润率AESPOST
| Q4 25 | -8.7% | 11.0% | ||
| Q3 25 | 9.8% | 7.5% | ||
| Q2 25 | 1.4% | 11.8% | ||
| Q1 25 | -0.8% | 9.3% | ||
| Q4 24 | 12.3% | 10.8% | ||
| Q3 24 | 10.0% | 9.5% | ||
| Q2 24 | -2.6% | 10.4% | ||
| Q1 24 | 9.0% | 9.5% |
净利率AESPOST
| Q4 25 | 10.3% | 4.5% | ||
| Q3 25 | 19.1% | 2.3% | ||
| Q2 25 | -3.3% | 5.5% | ||
| Q1 25 | 1.6% | 3.2% | ||
| Q4 24 | 18.9% | 5.7% | ||
| Q3 24 | 15.3% | 4.1% | ||
| Q2 24 | 6.3% | 5.1% | ||
| Q1 24 | 14.0% | 4.9% |
每股收益（稀释后）AESPOST
| Q4 25 | $0.45 | $1.71 | ||
| Q3 25 | $0.89 | $0.91 | ||
| Q2 25 | $-0.15 | $1.79 | ||
| Q1 25 | $0.07 | $1.03 | ||
| Q4 24 | $0.78 | $1.78 | ||
| Q3 24 | $0.71 | $1.28 | ||
| Q2 24 | $0.27 | $1.53 | ||
| Q1 24 | $0.60 | $1.48 |
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 | $279.3M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $4.1B | $3.5B |
| 总资产 | $51.8B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资AESPOST
| Q4 25 | $1.6B | $279.3M | ||
| Q3 25 | $1.8B | $176.7M | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.8B | $617.6M | ||
| Q4 24 | $1.6B | $872.9M | ||
| Q3 24 | $2.0B | $787.4M | ||
| Q2 24 | $1.8B | $333.8M | ||
| Q1 24 | $2.4B | $333.4M |
总债务AESPOST
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.4B |
股东权益AESPOST
| Q4 25 | $4.1B | $3.5B | ||
| Q3 25 | $3.9B | $3.8B | ||
| Q2 25 | $3.4B | $4.0B | ||
| Q1 25 | $3.5B | $3.8B | ||
| Q4 24 | $3.6B | $3.9B | ||
| Q3 24 | $3.3B | $4.1B | ||
| Q2 24 | $3.1B | $3.9B | ||
| Q1 24 | $2.9B | $4.0B |
总资产AESPOST
| Q4 25 | $51.8B | $13.0B | ||
| Q3 25 | $50.8B | $13.5B | ||
| Q2 25 | $48.5B | $13.4B | ||
| Q1 25 | $48.6B | $12.8B | ||
| Q4 24 | $47.4B | $12.8B | ||
| Q3 24 | $50.1B | $12.9B | ||
| Q2 24 | $47.7B | $12.1B | ||
| Q1 24 | $47.0B | $12.2B |
负债/权益比AESPOST
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 1.61× |
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 | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $-47.0M | $119.3M |
| 自由现金流率自由现金流/营收 | -1.5% | 5.5% |
| 资本支出强度资本支出/营收 | 49.5% | 5.4% |
| 现金转化率经营现金流/净利润 | 4.65× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $436.0M |
8季度趋势，按日历期对齐
经营现金流AESPOST
| Q4 25 | $1.5B | $235.7M | ||
| Q3 25 | $1.3B | $301.3M | ||
| Q2 25 | $976.0M | $225.9M | ||
| Q1 25 | $545.0M | $160.7M | ||
| Q4 24 | $1.1B | $310.4M | ||
| Q3 24 | $985.0M | $235.4M | ||
| Q2 24 | $392.0M | $272.3M | ||
| Q1 24 | $287.0M | $249.6M |
自由现金流AESPOST
| Q4 25 | $-47.0M | $119.3M | ||
| Q3 25 | $-511.0M | $151.6M | ||
| Q2 25 | $-356.0M | $94.9M | ||
| Q1 25 | $-709.0M | $70.2M | ||
| Q4 24 | $-639.0M | $171.4M | ||
| Q3 24 | $-847.0M | $96.2M | ||
| Q2 24 | $-1.3B | $161.5M | ||
| Q1 24 | $-1.9B | $150.9M |
自由现金流率AESPOST
| Q4 25 | -1.5% | 5.5% | ||
| Q3 25 | -15.2% | 6.7% | ||
| Q2 25 | -12.5% | 4.8% | ||
| Q1 25 | -24.2% | 3.6% | ||
| Q4 24 | -21.6% | 8.7% | ||
| Q3 24 | -25.8% | 4.8% | ||
| Q2 24 | -43.9% | 8.3% | ||
| Q1 24 | -60.3% | 7.5% |
资本支出强度AESPOST
| Q4 25 | 49.5% | 5.4% | ||
| Q3 25 | 54.0% | 6.7% | ||
| Q2 25 | 46.7% | 6.6% | ||
| Q1 25 | 42.9% | 4.6% | ||
| Q4 24 | 58.3% | 7.0% | ||
| Q3 24 | 55.7% | 6.9% | ||
| Q2 24 | 57.3% | 5.7% | ||
| Q1 24 | 69.6% | 4.9% |
现金转化率AESPOST
| Q4 25 | 4.65× | 2.43× | ||
| Q3 25 | 2.03× | 5.91× | ||
| Q2 25 | — | 2.08× | ||
| Q1 25 | 11.85× | 2.57× | ||
| Q4 24 | 1.94× | 2.74× | ||
| Q3 24 | 1.96× | 2.88× | ||
| Q2 24 | 2.12× | 2.73× | ||
| Q1 24 | 0.66× | 2.57× |
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% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
