vs
American Water Works（AWK）与PELOTON INTERACTIVE, INC.（PTON）财务数据对比。点击上方公司名可切换其他公司
American Water Works的季度营收约是PELOTON INTERACTIVE, INC.的1.9倍（$1.3B vs $656.5M），American Water Works净利率更高（18.7% vs -5.9%，领先24.6%），American Water Works同比增速更快（5.8% vs -2.6%），PELOTON INTERACTIVE, INC.自由现金流更多（$71.0M vs $-385.0M）
American Water Works通过旗下子公司在美国境内提供专业供水与污水处理服务，业务覆盖14个州的约1700个社区，服务约340万活跃用户，客户群体涵盖住宅用户、食品饮料供应商、商业地产开发商与运营商、能源供应商等商业客户、消防服务及工业类客户等。
派乐腾（Peloton Interactive）是总部位于美国纽约的健身设备与媒体服务商，主打搭载联网触控屏的动感单车、跑步机、室内划船器等产品，用户付费订阅即可观看直播和录播健身课程，设备内置传感器可追踪运动功率等数据，为用户提供实时运动表现反馈，还支持排行榜功能与其他用户互动比拼。
AWK vs PTON — 直观对比
营收规模更大
AWK
是对方的1.9倍
$656.5M
营收增速更快
AWK
高出8.4%
-2.6%
净利率更高
AWK
高出24.6%
-5.9%
自由现金流更多
PTON
多$456.0M
$-385.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $656.5M |
| 净利润 | $238.0M | $-38.8M |
| 毛利率 | — | 50.5% |
| 营业利润率 | 31.9% | -2.2% |
| 净利率 | 18.7% | -5.9% |
| 营收同比 | 5.8% | -2.6% |
| 净利润同比 | -0.4% | 57.8% |
| 每股收益（稀释后） | $1.22 | $-0.09 |
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AWKPTON
| Q4 25 | $1.3B | $656.5M | ||
| Q3 25 | $1.5B | $550.8M | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.0B | — |
净利润AWKPTON
| Q4 25 | $238.0M | $-38.8M | ||
| Q3 25 | $379.0M | $13.9M | ||
| Q2 25 | $289.0M | — | ||
| Q1 25 | $205.0M | — | ||
| Q4 24 | $239.0M | — | ||
| Q3 24 | $350.0M | — | ||
| Q2 24 | $277.0M | — | ||
| Q1 24 | $185.0M | — |
毛利率AWKPTON
| Q4 25 | — | 50.5% | ||
| Q3 25 | — | 51.5% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率AWKPTON
| Q4 25 | 31.9% | -2.2% | ||
| Q3 25 | 42.2% | 7.5% | ||
| Q2 25 | 38.4% | — | ||
| Q1 25 | 32.7% | — | ||
| Q4 24 | 33.3% | — | ||
| Q3 24 | 40.9% | — | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 32.5% | — |
净利率AWKPTON
| Q4 25 | 18.7% | -5.9% | ||
| Q3 25 | 26.1% | 2.5% | ||
| Q2 25 | 22.7% | — | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 19.9% | — | ||
| Q3 24 | 26.4% | — | ||
| Q2 24 | 24.3% | — | ||
| Q1 24 | 18.4% | — |
每股收益（稀释后）AWKPTON
| Q4 25 | $1.22 | $-0.09 | ||
| Q3 25 | $1.94 | $0.03 | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $1.05 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.80 | — | ||
| Q2 24 | $1.42 | — | ||
| Q1 24 | $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 | $98.0M | $1.2B |
| 总债务越低越好 | $12.8B | $1.5B |
| 股东权益账面价值 | $10.8B | $-326.7M |
| 总资产 | $35.4B | $2.2B |
| 负债/权益比越低杠杆越低 | 1.18× | — |
8季度趋势，按日历期对齐
现金及短期投资AWKPTON
| Q4 25 | $98.0M | $1.2B | ||
| Q3 25 | $166.0M | $1.1B | ||
| Q2 25 | $94.0M | — | ||
| Q1 25 | $114.0M | — | ||
| Q4 24 | $96.0M | — | ||
| Q3 24 | $127.0M | — | ||
| Q2 24 | $48.0M | — | ||
| Q1 24 | $584.0M | — |
总债务AWKPTON
| Q4 25 | $12.8B | $1.5B | ||
| Q3 25 | $13.0B | $1.5B | ||
| Q2 25 | $12.3B | — | ||
| Q1 25 | $13.3B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $12.6B | — | ||
| Q2 24 | $12.6B | — | ||
| Q1 24 | $12.6B | — |
股东权益AWKPTON
| Q4 25 | $10.8B | $-326.7M | ||
| Q3 25 | $10.9B | $-347.0M | ||
| Q2 25 | $10.7B | — | ||
| Q1 25 | $10.5B | — | ||
| Q4 24 | $10.3B | — | ||
| Q3 24 | $10.4B | — | ||
| Q2 24 | $10.2B | — | ||
| Q1 24 | $10.0B | — |
总资产AWKPTON
| Q4 25 | $35.4B | $2.2B | ||
| Q3 25 | $34.7B | $2.2B | ||
| Q2 25 | $33.9B | — | ||
| Q1 25 | $33.2B | — | ||
| Q4 24 | $32.8B | — | ||
| Q3 24 | $31.8B | — | ||
| Q2 24 | $31.2B | — | ||
| Q1 24 | $31.1B | — |
负债/权益比AWKPTON
| Q4 25 | 1.18× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.26× | — | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.21× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.26× | — |
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 | $663.0M | $71.9M |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | $71.0M |
| 自由现金流率自由现金流/营收 | -30.3% | 10.8% |
| 资本支出强度资本支出/营收 | 82.5% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.79× | — |
| 过去12个月自由现金流最近4个季度 | $-1.1B | — |
8季度趋势，按日历期对齐
经营现金流AWKPTON
| Q4 25 | $663.0M | $71.9M | ||
| Q3 25 | $764.0M | $71.9M | ||
| Q2 25 | $301.0M | — | ||
| Q1 25 | $331.0M | — | ||
| Q4 24 | $639.0M | — | ||
| Q3 24 | $679.0M | — | ||
| Q2 24 | $345.0M | — | ||
| Q1 24 | $382.0M | — |
自由现金流AWKPTON
| Q4 25 | $-385.0M | $71.0M | ||
| Q3 25 | $-33.0M | $67.4M | ||
| Q2 25 | $-432.0M | — | ||
| Q1 25 | $-217.0M | — | ||
| Q4 24 | $-255.0M | — | ||
| Q3 24 | $-4.0M | — | ||
| Q2 24 | $-325.0M | — | ||
| Q1 24 | $-227.0M | — |
自由现金流率AWKPTON
| Q4 25 | -30.3% | 10.8% | ||
| Q3 25 | -2.3% | 12.2% | ||
| Q2 25 | -34.0% | — | ||
| Q1 25 | -19.1% | — | ||
| Q4 24 | -21.2% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | -28.5% | — | ||
| Q1 24 | -22.6% | — |
资本支出强度AWKPTON
| Q4 25 | 82.5% | 0.1% | ||
| Q3 25 | 54.8% | 0.8% | ||
| Q2 25 | 57.6% | — | ||
| Q1 25 | 48.3% | — | ||
| Q4 24 | 74.4% | — | ||
| Q3 24 | 51.4% | — | ||
| Q2 24 | 58.8% | — | ||
| Q1 24 | 60.7% | — |
现金转化率AWKPTON
| Q4 25 | 2.79× | — | ||
| Q3 25 | 2.02× | 5.17× | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.61× | — | ||
| Q4 24 | 2.67× | — | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 2.06× | — |
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
AWK
| Water Services | $1.0B | 81% |
| Other | $127.0M | 10% |
| Wastewater Services | $101.0M | 8% |
| Miscellaneous Utility Charge | $11.0M | 1% |
PTON
| Subscription And Circulation | $412.6M | 63% |
| Connected Fitness Products Segment | $243.9M | 37% |
| Product Warranty | $4.0M | 1% |
