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阿拉斯加航空集团（ALK）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
阿拉斯加航空集团的季度营收约是PPL Corporation的1.4倍（$3.3B vs $2.3B），PPL Corporation净利率更高（11.3% vs -5.8%，领先17.2%），PPL Corporation同比增速更快（7.2% vs 5.2%），过去两年阿拉斯加航空集团的营收复合增速更高（6.7% vs 1.0%）
阿拉斯加航空集团是总部位于美国华盛顿州西塔科的航空控股企业，旗下拥有阿拉斯加航空、夏威夷航空两家干线航司，以及区域航司地平线航空，阿拉斯加航空还全资控股飞机地面服务提供商麦吉航空服务。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
ALK vs PPL — 直观对比
营收规模更大
ALK
是对方的1.4倍
$2.3B
营收增速更快
PPL
高出2.0%
5.2%
净利率更高
PPL
高出17.2%
-5.8%
两年增速更快
ALK
近两年复合增速
1.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.3B |
| 净利润 | $-193.0M | $266.0M |
| 毛利率 | — | — |
| 营业利润率 | -8.5% | 20.3% |
| 净利率 | -5.8% | 11.3% |
| 营收同比 | 5.2% | 7.2% |
| 净利润同比 | — | 50.3% |
| 每股收益（稀释后） | $-1.69 | $0.35 |
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ALKPPL
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.6B | $2.3B | ||
| Q3 25 | $3.8B | $2.2B | ||
| Q2 25 | $3.7B | $2.0B | ||
| Q1 25 | $3.1B | $2.5B | ||
| Q4 24 | $3.5B | $2.2B | ||
| Q3 24 | $3.1B | $2.1B | ||
| Q2 24 | $2.9B | $1.9B |
净利润ALKPPL
| Q1 26 | $-193.0M | — | ||
| Q4 25 | $21.0M | $266.0M | ||
| Q3 25 | $73.0M | $318.0M | ||
| Q2 25 | $172.0M | $183.0M | ||
| Q1 25 | $-166.0M | $414.0M | ||
| Q4 24 | $71.0M | $177.0M | ||
| Q3 24 | $236.0M | $214.0M | ||
| Q2 24 | $220.0M | $190.0M |
营业利润率ALKPPL
| Q1 26 | -8.5% | — | ||
| Q4 25 | 2.1% | 20.3% | ||
| Q3 25 | 3.9% | 25.4% | ||
| Q2 25 | 7.5% | 19.9% | ||
| Q1 25 | -6.3% | 26.6% | ||
| Q4 24 | 2.1% | 17.2% | ||
| Q3 24 | 11.1% | 20.6% | ||
| Q2 24 | 11.1% | 20.8% |
净利率ALKPPL
| Q1 26 | -5.8% | — | ||
| Q4 25 | 0.6% | 11.3% | ||
| Q3 25 | 1.9% | 14.2% | ||
| Q2 25 | 4.6% | 9.0% | ||
| Q1 25 | -5.3% | 16.3% | ||
| Q4 24 | 2.0% | 8.1% | ||
| Q3 24 | 7.7% | 10.3% | ||
| Q2 24 | 7.6% | 10.1% |
每股收益（稀释后）ALKPPL
| Q1 26 | $-1.69 | — | ||
| Q4 25 | $0.14 | $0.35 | ||
| Q3 25 | $0.62 | $0.43 | ||
| Q2 25 | $1.42 | $0.25 | ||
| Q1 25 | $-1.35 | $0.56 | ||
| Q4 24 | $0.58 | $0.23 | ||
| Q3 24 | $1.84 | $0.29 | ||
| Q2 24 | $1.71 | $0.26 |
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 | $451.0M | $1.1B |
| 总债务越低越好 | $5.3B | $18.9B |
| 股东权益账面价值 | $3.7B | $14.9B |
| 总资产 | $20.3B | $45.2B |
| 负债/权益比越低杠杆越低 | 1.43× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资ALKPPL
| Q1 26 | $451.0M | — | ||
| Q4 25 | $627.0M | $1.1B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.1B | $294.0M | ||
| Q1 25 | $2.5B | $312.0M | ||
| Q4 24 | $2.5B | $306.0M | ||
| Q3 24 | $2.5B | $542.0M | ||
| Q2 24 | $2.5B | $282.0M |
总债务ALKPPL
| Q1 26 | $5.3B | — | ||
| Q4 25 | $4.8B | $18.9B | ||
| Q3 25 | $5.0B | — | ||
| Q2 25 | $4.9B | — | ||
| Q1 25 | $4.8B | — | ||
| Q4 24 | $4.5B | $16.5B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.7B | — |
股东权益ALKPPL
| Q1 26 | $3.7B | — | ||
| Q4 25 | $4.1B | $14.9B | ||
| Q3 25 | $4.0B | $14.4B | ||
| Q2 25 | $3.9B | $14.3B | ||
| Q1 25 | $4.1B | $14.3B | ||
| Q4 24 | $4.4B | $14.1B | ||
| Q3 24 | $4.5B | $14.1B | ||
| Q2 24 | $4.2B | $14.1B |
总资产ALKPPL
| Q1 26 | $20.3B | — | ||
| Q4 25 | $20.4B | $45.2B | ||
| Q3 25 | $20.0B | $43.9B | ||
| Q2 25 | $19.9B | $42.4B | ||
| Q1 25 | $19.8B | $41.8B | ||
| Q4 24 | $19.8B | $41.1B | ||
| Q3 24 | $19.6B | $40.5B | ||
| Q2 24 | $15.3B | $39.8B |
负债/权益比ALKPPL
| Q1 26 | 1.43× | — | ||
| Q4 25 | 1.17× | 1.27× | ||
| Q3 25 | 1.24× | — | ||
| Q2 25 | 1.26× | — | ||
| Q1 25 | 1.16× | — | ||
| Q4 24 | 1.04× | 1.17× | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 0.63× | — |
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 | $229.0M | $548.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-614.0M |
| 自由现金流率自由现金流/营收 | — | -26.1% |
| 资本支出强度资本支出/营收 | 10.2% | 49.5% |
| 现金转化率经营现金流/净利润 | — | 2.06× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
经营现金流ALKPPL
| Q1 26 | $229.0M | — | ||
| Q4 25 | $185.0M | $548.0M | ||
| Q3 25 | $229.0M | $966.0M | ||
| Q2 25 | $376.0M | $602.0M | ||
| Q1 25 | $459.0M | $513.0M | ||
| Q4 24 | $274.0M | $511.0M | ||
| Q3 24 | $318.0M | $781.0M | ||
| Q2 24 | $580.0M | $766.0M |
自由现金流ALKPPL
| Q1 26 | — | — | ||
| Q4 25 | — | $-614.0M | ||
| Q3 25 | — | $-179.0M | ||
| Q2 25 | — | $-328.0M | ||
| Q1 25 | — | $-280.0M | ||
| Q4 24 | — | $-349.0M | ||
| Q3 24 | — | $102.0M | ||
| Q2 24 | — | $96.0M |
自由现金流率ALKPPL
| Q1 26 | — | — | ||
| Q4 25 | — | -26.1% | ||
| Q3 25 | — | -8.0% | ||
| Q2 25 | — | -16.1% | ||
| Q1 25 | — | -11.0% | ||
| Q4 24 | — | -15.9% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | 5.1% |
资本支出强度ALKPPL
| Q1 26 | 10.2% | — | ||
| Q4 25 | — | 49.5% | ||
| Q3 25 | — | 51.2% | ||
| Q2 25 | — | 45.6% | ||
| Q1 25 | — | 31.2% | ||
| Q4 24 | — | 39.3% | ||
| Q3 24 | — | 32.7% | ||
| Q2 24 | — | 35.8% |
现金转化率ALKPPL
| Q1 26 | — | — | ||
| Q4 25 | 8.81× | 2.06× | ||
| Q3 25 | 3.14× | 3.04× | ||
| Q2 25 | 2.19× | 3.29× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | 3.86× | 2.89× | ||
| Q3 24 | 1.35× | 3.65× | ||
| Q2 24 | 2.64× | 4.03× |
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
ALK
| Passenger revenue | $2.9B | 88% |
| Loyalty program other revenue | $227.0M | 7% |
| Cargo and other revenue | $153.0M | 5% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
