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安费诺（APH）与Eversource Energy（ES）财务数据对比。点击上方公司名可切换其他公司
安费诺的季度营收约是Eversource Energy的2.3倍（$7.6B vs $3.4B），Eversource Energy净利率更高（12.6% vs 12.4%，领先0.2%），安费诺同比增速更快（58.4% vs 13.4%），过去两年安费诺的营收复合增速更高（45.3% vs 0.6%）
安费诺是一家总部位于美国的电子零部件制造企业，核心产品涵盖电子连接器、光纤连接器、同轴电缆等各类线缆及互连系统，是全球互连解决方案领域的主流供应商，品牌名称源自其前身American Phenolic Corp的名称缩写组合。
Eversource Energy是位列财富500强的上市能源企业，总部位于美国马萨诸塞州斯普林菲尔德，在康涅狄格州哈特福德、马萨诸塞州波士顿均设有办公据点，旗下多家受监管子公司为康涅狄格、马萨诸塞、新罕布什尔三州约400万用户提供零售电力、天然气及供水服务。
APH vs ES — 直观对比
营收规模更大
APH
是对方的2.3倍
$3.4B
营收增速更快
APH
高出45.0%
13.4%
净利率更高
ES
高出0.2%
12.4%
两年增速更快
APH
近两年复合增速
0.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.6B | $3.4B |
| 净利润 | $943.3M | $423.2M |
| 毛利率 | 36.7% | — |
| 营业利润率 | 24.0% | 21.1% |
| 净利率 | 12.4% | 12.6% |
| 营收同比 | 58.4% | 13.4% |
| 净利润同比 | 26.8% | 468.8% |
| 每股收益（稀释后） | $0.72 | $1.11 |
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APHES
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.4B | $3.4B | ||
| Q3 25 | $6.2B | $3.2B | ||
| Q2 25 | $5.7B | $2.8B | ||
| Q1 25 | $4.8B | $4.1B | ||
| Q4 24 | $4.3B | $3.0B | ||
| Q3 24 | $4.0B | $3.1B | ||
| Q2 24 | $3.6B | $2.5B |
净利润APHES
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $423.2M | ||
| Q3 25 | $1.2B | $369.4M | ||
| Q2 25 | $1.1B | $354.6M | ||
| Q1 25 | $737.8M | $552.7M | ||
| Q4 24 | $746.1M | $74.4M | ||
| Q3 24 | $604.4M | $-116.2M | ||
| Q2 24 | $524.8M | $337.2M |
毛利率APHES
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 36.3% | — | ||
| Q1 25 | 34.2% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 33.6% | — | ||
| Q2 24 | 33.6% | — |
营业利润率APHES
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | 21.1% | ||
| Q3 25 | 27.5% | 21.4% | ||
| Q2 25 | 25.1% | 23.4% | ||
| Q1 25 | 21.3% | 22.5% | ||
| Q4 24 | 22.1% | 11.7% | ||
| Q3 24 | 20.3% | 20.0% | ||
| Q2 24 | 19.4% | 23.8% |
净利率APHES
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 12.6% | ||
| Q3 25 | 20.1% | 11.5% | ||
| Q2 25 | 19.3% | 12.5% | ||
| Q1 25 | 15.3% | 13.4% | ||
| Q4 24 | 17.3% | 2.5% | ||
| Q3 24 | 15.0% | -3.8% | ||
| Q2 24 | 14.5% | 13.3% |
每股收益（稀释后）APHES
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $1.11 | ||
| Q3 25 | $0.97 | $0.99 | ||
| Q2 25 | $0.86 | $0.96 | ||
| Q1 25 | $0.58 | $1.50 | ||
| Q4 24 | $0.16 | $0.16 | ||
| Q3 24 | $0.48 | $-0.33 | ||
| Q2 24 | $0.41 | $0.95 |
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 | $4.6B | $135.4M |
| 总债务越低越好 | $18.7B | — |
| 股东权益账面价值 | $14.1B | $16.2B |
| 总资产 | $42.1B | $63.8B |
| 负债/权益比越低杠杆越低 | 1.33× | — |
8季度趋势，按日历期对齐
现金及短期投资APHES
| Q1 26 | $4.6B | — | ||
| Q4 25 | $11.4B | $135.4M | ||
| Q3 25 | $3.9B | $259.3M | ||
| Q2 25 | $3.2B | $343.7M | ||
| Q1 25 | $1.7B | $111.4M | ||
| Q4 24 | $3.3B | $26.7M | ||
| Q3 24 | $1.6B | $97.9M | ||
| Q2 24 | $1.3B | — |
总债务APHES
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | — | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | — | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.0B | — |
股东权益APHES
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $16.2B | ||
| Q3 25 | $12.5B | $16.0B | ||
| Q2 25 | $11.5B | $15.7B | ||
| Q1 25 | $10.3B | $15.3B | ||
| Q4 24 | $9.8B | $15.0B | ||
| Q3 24 | $9.5B | $15.0B | ||
| Q2 24 | $9.0B | $14.8B |
总资产APHES
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $63.8B | ||
| Q3 25 | $27.1B | $61.7B | ||
| Q2 25 | $25.7B | $61.0B | ||
| Q1 25 | $22.9B | $60.2B | ||
| Q4 24 | $21.4B | $59.6B | ||
| Q3 24 | $19.6B | $58.6B | ||
| Q2 24 | $18.6B | $58.4B |
负债/权益比APHES
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.56× | — |
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 | $1.1B | $916.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-67.3M |
| 自由现金流率自由现金流/营收 | — | -2.0% |
| 资本支出强度资本支出/营收 | 3.8% | 29.2% |
| 现金转化率经营现金流/净利润 | 1.19× | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $-45.1M |
8季度趋势，按日历期对齐
经营现金流APHES
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $916.1M | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $764.9M | $1.0B | ||
| Q4 24 | $847.1M | $642.1M | ||
| Q3 24 | $704.0M | $555.6M | ||
| Q2 24 | $664.1M | $670.7M |
自由现金流APHES
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $-67.3M | ||
| Q3 25 | $1.2B | $-26.3M | ||
| Q2 25 | $1.1B | $15.3M | ||
| Q1 25 | $576.3M | $33.2M | ||
| Q4 24 | $647.3M | $-546.5M | ||
| Q3 24 | $474.0M | $-515.4M | ||
| Q2 24 | $522.8M | $-400.8M |
自由现金流率APHES
| Q1 26 | — | — | ||
| Q4 25 | 22.8% | -2.0% | ||
| Q3 25 | 19.6% | -0.8% | ||
| Q2 25 | 19.8% | 0.5% | ||
| Q1 25 | 12.0% | 0.8% | ||
| Q4 24 | 15.0% | -18.4% | ||
| Q3 24 | 11.7% | -16.8% | ||
| Q2 24 | 14.5% | -15.8% |
资本支出强度APHES
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 29.2% | ||
| Q3 25 | 4.2% | 35.0% | ||
| Q2 25 | 5.3% | 36.7% | ||
| Q1 25 | 3.9% | 24.5% | ||
| Q4 24 | 4.6% | 40.0% | ||
| Q3 24 | 5.7% | 35.0% | ||
| Q2 24 | 3.9% | 42.3% |
现金转化率APHES
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 2.16× | ||
| Q3 25 | 1.18× | 2.98× | ||
| Q2 25 | 1.30× | 2.98× | ||
| Q1 25 | 1.04× | 1.88× | ||
| Q4 24 | 1.14× | 8.63× | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.27× | 1.99× |
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
APH
| Communications Solutions | $4.5B | 60% |
| Harsh Environment Solutions | $1.7B | 22% |
| Interconnect and Sensor Systems | $1.4B | 18% |
ES
| Residential | $1.2B | 35% |
| Commercial | $789.0M | 23% |
| Eversource Electric Transmission | $573.8M | 17% |
| Wholesale Transmission Revenue | $570.0M | 17% |
| Industrial | $102.6M | 3% |
| Water Distribution Segment | $58.4M | 2% |
| Eversource Water | $56.3M | 2% |
| Other Revenue Adjustmentsfrom Contractswith Customers | $25.9M | 1% |
