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ALGONQUIN POWER & UTILITIES CORP.（AQN）与Clearway Energy, Inc.（CWEN）财务数据对比。点击上方公司名可切换其他公司
ALGONQUIN POWER & UTILITIES CORP.的季度营收约是Clearway Energy, Inc.的1.7倍（$527.8M vs $310.0M）。ALGONQUIN POWER & UTILITIES CORP.净利率更高（4.6% vs -33.5%，领先38.1%）。Clearway Energy, Inc.同比增速更快（21.1% vs -11.8%）。Clearway Energy, Inc.自由现金流更多（$71.0M vs $64.1M）
阿尔冈昆电力公用事业公司是加拿大受监管的公用事业企业，资产布局覆盖北美、百慕大及智利地区，旗下运营Liberty Utilities、百慕大电力照明公司、智利Suralis等子公司，提供供水、污水处理、天然气及电力供应服务。
NRG能源是总部位于美国得克萨斯州休斯敦的能源企业，前身为后续更名为埃克西尔能源的北方州电力公司的批发业务板块，2000年独立运营。业务覆盖发电与电力零售，拥有天然气、煤炭、石油、核能、风电、公用事业级及分布式太阳能等发电资产，服务超700万零售用户。
AQN vs CWEN — 直观对比
营收规模更大
AQN
是对方的1.7倍
$310.0M
营收增速更快
CWEN
高出32.9%
-11.8%
净利率更高
AQN
高出38.1%
-33.5%
自由现金流更多
CWEN
多$6.9M
$64.1M
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $527.8M | $310.0M |
| 净利润 | $24.1M | $-104.0M |
| 毛利率 | 36.8% | 51.9% |
| 营业利润率 | 12.3% | -11.9% |
| 净利率 | 4.6% | -33.5% |
| 营收同比 | -11.8% | 21.1% |
| 净利润同比 | -88.0% | -3566.7% |
| 每股收益（稀释后） | $0.02 | — |
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AQNCWEN
| Q4 25 | — | $310.0M | ||
| Q3 25 | — | $429.0M | ||
| Q2 25 | $527.8M | $392.0M | ||
| Q1 25 | — | $298.0M | ||
| Q4 24 | — | $256.0M | ||
| Q3 24 | — | $486.0M | ||
| Q2 24 | $598.6M | $366.0M | ||
| Q1 24 | — | $263.0M |
净利润AQNCWEN
| Q4 25 | — | $-104.0M | ||
| Q3 25 | — | $236.0M | ||
| Q2 25 | $24.1M | $33.0M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | — | $3.0M | ||
| Q3 24 | — | $36.0M | ||
| Q2 24 | $200.8M | $51.0M | ||
| Q1 24 | — | $-2.0M |
毛利率AQNCWEN
| Q4 25 | — | 51.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | 36.8% | 66.6% | ||
| Q1 25 | — | 59.1% | ||
| Q4 24 | — | 52.0% | ||
| Q3 24 | — | 72.2% | ||
| Q2 24 | 29.6% | 68.0% | ||
| Q1 24 | — | 52.1% |
营业利润率AQNCWEN
| Q4 25 | — | -11.9% | ||
| Q3 25 | — | 26.1% | ||
| Q2 25 | 12.3% | 21.7% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -14.5% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | 13.7% | 23.0% | ||
| Q1 24 | — | -11.0% |
净利率AQNCWEN
| Q4 25 | — | -33.5% | ||
| Q3 25 | — | 55.0% | ||
| Q2 25 | 4.6% | 8.4% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | 33.5% | 13.9% | ||
| Q1 24 | — | -0.8% |
每股收益（稀释后）AQNCWEN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.02 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $0.03 | — | ||
| Q1 24 | — | — |
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 | $55.1M | $231.0M |
| 总债务越低越好 | $6.3B | $7.9B |
| 股东权益账面价值 | $4.7B | $5.8B |
| 总资产 | $3.6B | $16.7B |
| 负债/权益比越低杠杆越低 | 1.35× | 1.36× |
8季度趋势，按日历期对齐
现金及短期投资AQNCWEN
| Q4 25 | — | $231.0M | ||
| Q3 25 | — | $251.0M | ||
| Q2 25 | $55.1M | $260.0M | ||
| Q1 25 | — | $297.0M | ||
| Q4 24 | — | $332.0M | ||
| Q3 24 | — | $292.0M | ||
| Q2 24 | $237.9M | $226.0M | ||
| Q1 24 | — | $478.0M |
总债务AQNCWEN
| Q4 25 | — | $7.9B | ||
| Q3 25 | — | $8.1B | ||
| Q2 25 | $6.3B | $8.3B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $6.8B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | $8.3B | $6.8B | ||
| Q1 24 | — | $7.6B |
股东权益AQNCWEN
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $5.7B | ||
| Q2 25 | $4.7B | $5.5B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | — | $5.6B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | $6.2B | $5.7B | ||
| Q1 24 | — | $5.0B |
总资产AQNCWEN
| Q4 25 | — | $16.7B | ||
| Q3 25 | — | $16.1B | ||
| Q2 25 | $3.6B | $16.0B | ||
| Q1 25 | — | $14.6B | ||
| Q4 24 | — | $14.3B | ||
| Q3 24 | — | $14.2B | ||
| Q2 24 | $3.1B | $14.5B | ||
| Q1 24 | — | $14.9B |
负债/权益比AQNCWEN
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.41× | ||
| Q2 25 | 1.35× | 1.49× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.21× | ||
| Q3 24 | — | 1.20× | ||
| Q2 24 | 1.34× | 1.19× | ||
| Q1 24 | — | 1.50× |
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 | $249.9M | $177.0M |
| 自由现金流经营现金流 - 资本支出 | $64.1M | $71.0M |
| 自由现金流率自由现金流/营收 | 12.1% | 22.9% |
| 资本支出强度资本支出/营收 | 35.2% | 34.2% |
| 现金转化率经营现金流/净利润 | 10.37× | — |
| 过去12个月自由现金流最近4个季度 | $-41.0K | $369.0M |
8季度趋势，按日历期对齐
经营现金流AQNCWEN
| Q4 25 | — | $177.0M | ||
| Q3 25 | — | $225.0M | ||
| Q2 25 | $249.9M | $191.0M | ||
| Q1 25 | — | $95.0M | ||
| Q4 24 | — | $192.0M | ||
| Q3 24 | — | $301.0M | ||
| Q2 24 | $236.2M | $196.0M | ||
| Q1 24 | — | $81.0M |
自由现金流AQNCWEN
| Q4 25 | — | $71.0M | ||
| Q3 25 | — | $144.0M | ||
| Q2 25 | $64.1M | $115.0M | ||
| Q1 25 | — | $39.0M | ||
| Q4 24 | — | $142.0M | ||
| Q3 24 | — | $266.0M | ||
| Q2 24 | $31.9M | $92.0M | ||
| Q1 24 | — | $-17.0M |
自由现金流率AQNCWEN
| Q4 25 | — | 22.9% | ||
| Q3 25 | — | 33.6% | ||
| Q2 25 | 12.1% | 29.3% | ||
| Q1 25 | — | 13.1% | ||
| Q4 24 | — | 55.5% | ||
| Q3 24 | — | 54.7% | ||
| Q2 24 | 5.3% | 25.1% | ||
| Q1 24 | — | -6.5% |
资本支出强度AQNCWEN
| Q4 25 | — | 34.2% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | 35.2% | 19.4% | ||
| Q1 25 | — | 18.8% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 7.2% | ||
| Q2 24 | 34.1% | 28.4% | ||
| Q1 24 | — | 37.3% |
现金转化率AQNCWEN
| Q4 25 | — | — | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | 10.37× | 5.79× | ||
| Q1 25 | — | 23.75× | ||
| Q4 24 | — | 64.00× | ||
| Q3 24 | — | 8.36× | ||
| Q2 24 | 1.18× | 3.84× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
