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ALGONQUIN POWER & UTILITIES CORP.（AQN）与Southern Company（SO）财务数据对比。点击上方公司名可切换其他公司
Southern Company的季度营收约是ALGONQUIN POWER & UTILITIES CORP.的13.2倍（$7.0B vs $527.8M）。Southern Company净利率更高（4.9% vs 4.6%，领先0.3%）。Southern Company同比增速更快（10.1% vs -11.8%）。ALGONQUIN POWER & UTILITIES CORP.自由现金流更多（$64.1M vs $-1.7B）
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。
Southern Company是美国燃气电力公用事业控股企业，总部位于佐治亚州亚特兰大，在阿拉巴马州伯明翰设有行政办公室。截至2021年按用户规模计为美国第二大公用事业公司，旗下子公司覆盖6个州，为900万燃气及电力用户提供服务，供电区域达12万平方英里。
AQN vs SO — 直观对比
营收规模更大
SO
是对方的13.2倍
$527.8M
营收增速更快
SO
高出21.9%
-11.8%
净利率更高
SO
高出0.3%
4.6%
自由现金流更多
AQN
多$1.8B
$-1.7B
损益表 — Q2 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $527.8M | $7.0B |
| 净利润 | $24.1M | $341.0M |
| 毛利率 | 36.8% | — |
| 营业利润率 | 12.3% | 13.1% |
| 净利率 | 4.6% | 4.9% |
| 营收同比 | -11.8% | 10.1% |
| 净利润同比 | -88.0% | -26.8% |
| 每股收益（稀释后） | $0.02 | $0.38 |
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AQNSO
| Q4 25 | — | $7.0B | ||
| Q3 25 | — | $7.8B | ||
| Q2 25 | $527.8M | $7.0B | ||
| Q1 25 | — | $7.8B | ||
| Q4 24 | — | $6.3B | ||
| Q3 24 | — | $7.3B | ||
| Q2 24 | $598.6M | $6.5B | ||
| Q1 24 | — | $6.6B |
净利润AQNSO
| Q4 25 | — | $341.0M | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $24.1M | $880.0M | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $466.0M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | $200.8M | $1.2B | ||
| Q1 24 | — | $1.1B |
毛利率AQNSO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 36.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 29.6% | — | ||
| Q1 24 | — | — |
营业利润率AQNSO
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 33.2% | ||
| Q2 25 | 12.3% | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 16.7% | ||
| Q3 24 | — | 32.6% | ||
| Q2 24 | 13.7% | 30.0% | ||
| Q1 24 | — | 25.6% |
净利率AQNSO
| Q4 25 | — | 4.9% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | 4.6% | 12.6% | ||
| Q1 25 | — | 16.3% | ||
| Q4 24 | — | 7.3% | ||
| Q3 24 | — | 21.1% | ||
| Q2 24 | 33.5% | 18.6% | ||
| Q1 24 | — | 16.1% |
每股收益（稀释后）AQNSO
| Q4 25 | — | $0.38 | ||
| Q3 25 | — | $1.54 | ||
| Q2 25 | $0.02 | $0.79 | ||
| Q1 25 | — | $1.21 | ||
| Q4 24 | — | $0.48 | ||
| Q3 24 | — | $1.39 | ||
| Q2 24 | $0.03 | $1.09 | ||
| Q1 24 | — | $1.03 |
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 | $1.6B |
| 总债务越低越好 | $6.3B | $65.6B |
| 股东权益账面价值 | $4.7B | $36.0B |
| 总资产 | $3.6B | $155.7B |
| 负债/权益比越低杠杆越低 | 1.35× | 1.82× |
8季度趋势，按日历期对齐
现金及短期投资AQNSO
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $55.1M | $1.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | $237.9M | $1.2B | ||
| Q1 24 | — | $713.0M |
总债务AQNSO
| Q4 25 | — | $65.6B | ||
| Q3 25 | — | $64.6B | ||
| Q2 25 | $6.3B | $63.0B | ||
| Q1 25 | — | $62.9B | ||
| Q4 24 | — | $58.8B | ||
| Q3 24 | — | $61.3B | ||
| Q2 24 | $8.3B | $59.9B | ||
| Q1 24 | — | $59.4B |
股东权益AQNSO
| Q4 25 | — | $36.0B | ||
| Q3 25 | — | $38.3B | ||
| Q2 25 | $4.7B | $37.3B | ||
| Q1 25 | — | $37.2B | ||
| Q4 24 | — | $33.2B | ||
| Q3 24 | — | $36.9B | ||
| Q2 24 | $6.2B | $36.1B | ||
| Q1 24 | — | $35.6B |
总资产AQNSO
| Q4 25 | — | $155.7B | ||
| Q3 25 | — | $153.2B | ||
| Q2 25 | $3.6B | $148.9B | ||
| Q1 25 | — | $148.1B | ||
| Q4 24 | — | $145.2B | ||
| Q3 24 | — | $144.0B | ||
| Q2 24 | $3.1B | $141.9B | ||
| Q1 24 | — | $140.1B |
负债/权益比AQNSO
| Q4 25 | — | 1.82× | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | 1.35× | 1.69× | ||
| Q1 25 | — | 1.69× | ||
| Q4 24 | — | 1.77× | ||
| Q3 24 | — | 1.66× | ||
| Q2 24 | 1.34× | 1.66× | ||
| Q1 24 | — | 1.67× |
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 | $2.6B |
| 自由现金流经营现金流 - 资本支出 | $64.1M | $-1.7B |
| 自由现金流率自由现金流/营收 | 12.1% | -24.2% |
| 资本支出强度资本支出/营收 | 35.2% | 61.4% |
| 现金转化率经营现金流/净利润 | 10.37× | 7.62× |
| 过去12个月自由现金流最近4个季度 | $-41.0K | $-2.9B |
8季度趋势，按日历期对齐
经营现金流AQNSO
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | $249.9M | $2.2B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $236.2M | $2.7B | ||
| Q1 24 | — | $1.3B |
自由现金流AQNSO
| Q4 25 | — | $-1.7B | ||
| Q3 25 | — | $559.0M | ||
| Q2 25 | $64.1M | $-619.0M | ||
| Q1 25 | — | $-1.2B | ||
| Q4 24 | — | $-576.0M | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $31.9M | $563.0M | ||
| Q1 24 | — | $-459.0M |
自由现金流率AQNSO
| Q4 25 | — | -24.2% | ||
| Q3 25 | — | 7.1% | ||
| Q2 25 | 12.1% | -8.9% | ||
| Q1 25 | — | -15.3% | ||
| Q4 24 | — | -9.1% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | 5.3% | 8.7% | ||
| Q1 24 | — | -6.9% |
资本支出强度AQNSO
| Q4 25 | — | 61.4% | ||
| Q3 25 | — | 41.1% | ||
| Q2 25 | 35.2% | 40.2% | ||
| Q1 25 | — | 31.3% | ||
| Q4 24 | — | 43.4% | ||
| Q3 24 | — | 31.8% | ||
| Q2 24 | 34.1% | 32.9% | ||
| Q1 24 | — | 26.6% |
现金转化率AQNSO
| Q4 25 | — | 7.62× | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | 10.37× | 2.48× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 4.66× | ||
| Q3 24 | — | 2.36× | ||
| Q2 24 | 1.18× | 2.23× | ||
| Q1 24 | — | 1.22× |
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
AQN
暂无分部数据
SO
| Other | $3.9B | 57% |
| Retail Electric Commercial | $1.6B | 23% |
| Natural Gas Distribution Residential | $689.0M | 10% |
| Natural Gas Distribution Transportation | $371.0M | 5% |
| Wholesale Non Affiliates | $123.0M | 2% |
| Natural Gas Distribution Other | $76.0M | 1% |
| Wholesale Electric Non PPA Revenues | $62.0M | 1% |
| Wholesale Affiliates | $55.0M | 1% |
| Retail Electric Other | $31.0M | 0% |
| Alternative Energy | $20.0M | 0% |
| Natural Gas Distribution Industrial | $15.0M | 0% |
