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ALGONQUIN POWER & UTILITIES CORP.（AQN）与TXNM ENERGY INC（TXNM）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TXNM ENERGY INC的1.0倍（$527.8M vs $506.4M），ALGONQUIN POWER & UTILITIES CORP.净利率更高（4.6% vs -1.0%，领先5.6%），TXNM ENERGY INC同比增速更快（5.3% vs -11.8%），ALGONQUIN POWER & UTILITIES CORP.自由现金流更多（$64.1M vs $-152.1M）
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。
TXNM能源是总部位于美国新墨西哥州阿尔伯克基的能源控股企业，创立于1917年，前身为阿尔伯克基燃气电力公司，旗下拥有PNM、得克萨斯-新墨西哥电力公司（TNMP）两大运营主体，核心业务覆盖能源供应及相关公用事业服务领域。
AQN vs TXNM — 直观对比
营收规模更大
AQN
是对方的1.0倍
$506.4M
营收增速更快
TXNM
高出17.1%
-11.8%
净利率更高
AQN
高出5.6%
-1.0%
自由现金流更多
AQN
多$216.2M
$-152.1M
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $527.8M | $506.4M |
| 净利润 | $24.1M | $-5.3M |
| 毛利率 | 36.8% | — |
| 营业利润率 | 12.3% | 18.5% |
| 净利率 | 4.6% | -1.0% |
| 营收同比 | -11.8% | 5.3% |
| 净利润同比 | -88.0% | -126.4% |
| 每股收益（稀释后） | $0.02 | $-0.06 |
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AQNTXNM
| Q4 25 | — | $506.4M | ||
| Q3 25 | — | $656.3M | ||
| Q2 25 | $527.8M | $493.8M | ||
| Q1 25 | — | $480.4M | ||
| Q4 24 | — | $481.0M | ||
| Q3 24 | — | $574.3M | ||
| Q2 24 | $598.6M | $473.2M | ||
| Q1 24 | — | $431.1M |
净利润AQNTXNM
| Q4 25 | — | $-5.3M | ||
| Q3 25 | — | $136.3M | ||
| Q2 25 | $24.1M | $26.0M | ||
| Q1 25 | — | $12.8M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | — | $136.4M | ||
| Q2 24 | $200.8M | $52.0M | ||
| Q1 24 | — | $50.4M |
毛利率AQNTXNM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 36.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 51.8% | ||
| Q2 24 | 29.6% | 41.9% | ||
| Q1 24 | — | 40.8% |
营业利润率AQNTXNM
| Q4 25 | — | 18.5% | ||
| Q3 25 | — | 30.9% | ||
| Q2 25 | 12.3% | 14.7% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 15.8% | ||
| Q3 24 | — | 33.3% | ||
| Q2 24 | 13.7% | 22.3% | ||
| Q1 24 | — | 18.7% |
净利率AQNTXNM
| Q4 25 | — | -1.0% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | 4.6% | 5.3% | ||
| Q1 25 | — | 2.7% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 23.7% | ||
| Q2 24 | 33.5% | 11.0% | ||
| Q1 24 | — | 11.7% |
每股收益（稀释后）AQNTXNM
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $1.22 | ||
| Q2 25 | $0.02 | $0.22 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | — | $1.45 | ||
| Q2 24 | $0.03 | $0.53 | ||
| Q1 24 | — | $0.52 |
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 | $18.3M |
| 总债务越低越好 | $6.3B | — |
| 股东权益账面价值 | $4.7B | $3.4B |
| 总资产 | $3.6B | $12.1B |
| 负债/权益比越低杠杆越低 | 1.35× | — |
8季度趋势，按日历期对齐
现金及短期投资AQNTXNM
| Q4 25 | — | $18.3M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | $55.1M | $22.2M | ||
| Q1 25 | — | $6.1M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $7.2M | ||
| Q2 24 | $237.9M | $3.2M | ||
| Q1 24 | — | $3.0M |
总债务AQNTXNM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $6.3B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $8.3B | — | ||
| Q1 24 | — | — |
股东权益AQNTXNM
| Q4 25 | — | $3.4B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $4.7B | $3.2B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | $6.2B | $2.4B | ||
| Q1 24 | — | $2.4B |
总资产AQNTXNM
| Q4 25 | — | $12.1B | ||
| Q3 25 | — | $12.0B | ||
| Q2 25 | $3.6B | $11.7B | ||
| Q1 25 | — | $11.4B | ||
| Q4 24 | — | $11.2B | ||
| Q3 24 | — | $10.8B | ||
| Q2 24 | $3.1B | $10.6B | ||
| Q1 24 | — | $10.3B |
负债/权益比AQNTXNM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.35× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.34× | — | ||
| Q1 24 | — | — |
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 | $157.7M |
| 自由现金流经营现金流 - 资本支出 | $64.1M | $-152.1M |
| 自由现金流率自由现金流/营收 | 12.1% | -30.0% |
| 资本支出强度资本支出/营收 | 35.2% | 61.2% |
| 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 | $-611.4M |
8季度趋势，按日历期对齐
经营现金流AQNTXNM
| Q4 25 | — | $157.7M | ||
| Q3 25 | — | $282.0M | ||
| Q2 25 | $249.9M | $3.5M | ||
| Q1 25 | — | $141.3M | ||
| Q4 24 | — | $158.6M | ||
| Q3 24 | — | $180.0M | ||
| Q2 24 | $236.2M | $76.7M | ||
| Q1 24 | — | $92.8M |
自由现金流AQNTXNM
| Q4 25 | — | $-152.1M | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | $64.1M | $-262.6M | ||
| Q1 25 | — | $-201.4M | ||
| Q4 24 | — | $-182.9M | ||
| Q3 24 | — | $-143.7M | ||
| Q2 24 | $31.9M | $-216.0M | ||
| Q1 24 | — | $-196.3M |
自由现金流率AQNTXNM
| Q4 25 | — | -30.0% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 12.1% | -53.2% | ||
| Q1 25 | — | -41.9% | ||
| Q4 24 | — | -38.0% | ||
| Q3 24 | — | -25.0% | ||
| Q2 24 | 5.3% | -45.6% | ||
| Q1 24 | — | -45.5% |
资本支出强度AQNTXNM
| Q4 25 | — | 61.2% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | 35.2% | 53.9% | ||
| Q1 25 | — | 71.3% | ||
| Q4 24 | — | 71.0% | ||
| Q3 24 | — | 56.4% | ||
| Q2 24 | 34.1% | 61.9% | ||
| Q1 24 | — | 67.1% |
现金转化率AQNTXNM
| Q4 25 | — | — | ||
| Q3 25 | — | 2.07× | ||
| Q2 25 | 10.37× | 0.14× | ||
| Q1 25 | — | 11.04× | ||
| Q4 24 | — | 7.93× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | 1.18× | 1.48× | ||
| Q1 24 | — | 1.84× |
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
TXNM
| Electricity | $348.8M | 69% |
| Other | $89.3M | 18% |
| Electric Transmission Service | $40.4M | 8% |
| Wholesale Energy Sales | $26.2M | 5% |
| Miscellaneous Revenue From Contracts With Customers | $1.7M | 0% |
