vs
American Water Works（AWK）与UGI CORP（UGI）财务数据对比。点击上方公司名可切换其他公司
UGI CORP的季度营收约是American Water Works的1.6倍（$2.1B vs $1.3B）。American Water Works净利率更高（18.7% vs 14.4%，领先4.3%）。American Water Works同比增速更快（5.8% vs 3.9%）。UGI CORP自由现金流更多（$-155.0M vs $-385.0M）。过去两年American Water Works的营收复合增速更高（12.6% vs -7.5%）
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。
UGI公司是总部位于美国宾夕法尼亚州普鲁士王市的能源企业，主营天然气与电力配送业务，布局覆盖范围广泛，在美国本土及欧洲地区均拥有成熟运营网络，为当地用户提供稳定可靠的能源配送服务。
AWK vs UGI — 直观对比
营收规模更大
UGI
是对方的1.6倍
$1.3B
营收增速更快
AWK
高出2.0%
3.9%
净利率更高
AWK
高出4.3%
14.4%
自由现金流更多
UGI
多$230.0M
$-385.0M
两年增速更快
AWK
近两年复合增速
-7.5%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.1B |
| 净利润 | $238.0M | $297.0M |
| 毛利率 | — | — |
| 营业利润率 | 31.9% | 22.0% |
| 净利率 | 18.7% | 14.4% |
| 营收同比 | 5.8% | 3.9% |
| 净利润同比 | -0.4% | -20.8% |
| 每股收益（稀释后） | $1.22 | $1.34 |
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AWKUGI
| Q4 25 | $1.3B | $2.1B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.3B | $1.4B | ||
| Q1 25 | $1.1B | $2.6B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.1B | $1.4B | ||
| Q1 24 | $1.0B | $2.4B |
净利润AWKUGI
| Q4 25 | $238.0M | $297.0M | ||
| Q3 25 | $379.0M | $-13.0M | ||
| Q2 25 | $289.0M | $-163.0M | ||
| Q1 25 | $205.0M | $479.0M | ||
| Q4 24 | $239.0M | $375.0M | ||
| Q3 24 | $350.0M | $-273.0M | ||
| Q2 24 | $277.0M | $-48.0M | ||
| Q1 24 | $185.0M | $496.0M |
营业利润率AWKUGI
| Q4 25 | 31.9% | 22.0% | ||
| Q3 25 | 42.2% | 1.1% | ||
| Q2 25 | 38.4% | -6.8% | ||
| Q1 25 | 32.7% | 26.6% | ||
| Q4 24 | 33.3% | 24.5% | ||
| Q3 24 | 40.9% | -20.4% | ||
| Q2 24 | 39.4% | 5.0% | ||
| Q1 24 | 32.5% | 29.7% |
净利率AWKUGI
| Q4 25 | 18.7% | 14.4% | ||
| Q3 25 | 26.1% | -1.1% | ||
| Q2 25 | 22.7% | -12.0% | ||
| Q1 25 | 18.1% | 18.2% | ||
| Q4 24 | 19.9% | 18.9% | ||
| Q3 24 | 26.4% | -22.6% | ||
| Q2 24 | 24.3% | -3.6% | ||
| Q1 24 | 18.4% | 20.6% |
每股收益（稀释后）AWKUGI
| Q4 25 | $1.22 | $1.34 | ||
| Q3 25 | $1.94 | $-0.08 | ||
| Q2 25 | $1.48 | $-0.76 | ||
| Q1 25 | $1.05 | $2.19 | ||
| Q4 24 | $1.22 | $1.74 | ||
| Q3 24 | $1.80 | $-1.26 | ||
| Q2 24 | $1.42 | $-0.23 | ||
| Q1 24 | $0.95 | $2.30 |
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 | $251.0M |
| 总债务越低越好 | $12.8B | $6.0B |
| 股东权益账面价值 | $10.8B | $5.0B |
| 总资产 | $35.4B | $15.8B |
| 负债/权益比越低杠杆越低 | 1.18× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资AWKUGI
| Q4 25 | $98.0M | $251.0M | ||
| Q3 25 | $166.0M | $335.0M | ||
| Q2 25 | $94.0M | $350.0M | ||
| Q1 25 | $114.0M | $426.0M | ||
| Q4 24 | $96.0M | $240.0M | ||
| Q3 24 | $127.0M | $213.0M | ||
| Q2 24 | $48.0M | $183.0M | ||
| Q1 24 | $584.0M | $263.0M |
总债务AWKUGI
| Q4 25 | $12.8B | $6.0B | ||
| Q3 25 | $13.0B | $6.5B | ||
| Q2 25 | $12.3B | $5.7B | ||
| Q1 25 | $13.3B | $6.6B | ||
| Q4 24 | $12.5B | $6.6B | ||
| Q3 24 | $12.6B | $6.4B | ||
| Q2 24 | $12.6B | $6.3B | ||
| Q1 24 | $12.6B | $6.7B |
股东权益AWKUGI
| Q4 25 | $10.8B | $5.0B | ||
| Q3 25 | $10.9B | $4.8B | ||
| Q2 25 | $10.7B | $4.9B | ||
| Q1 25 | $10.5B | $5.0B | ||
| Q4 24 | $10.3B | $4.6B | ||
| Q3 24 | $10.4B | $4.3B | ||
| Q2 24 | $10.2B | $4.7B | ||
| Q1 24 | $10.0B | $4.8B |
总资产AWKUGI
| Q4 25 | $35.4B | $15.8B | ||
| Q3 25 | $34.7B | $15.5B | ||
| Q2 25 | $33.9B | $15.4B | ||
| Q1 25 | $33.2B | $15.7B | ||
| Q4 24 | $32.8B | $15.4B | ||
| Q3 24 | $31.8B | $15.1B | ||
| Q2 24 | $31.2B | $15.1B | ||
| Q1 24 | $31.1B | $15.6B |
负债/权益比AWKUGI
| Q4 25 | 1.18× | 1.19× | ||
| Q3 25 | 1.19× | 1.37× | ||
| Q2 25 | 1.15× | 1.17× | ||
| Q1 25 | 1.26× | 1.32× | ||
| Q4 24 | 1.21× | 1.44× | ||
| Q3 24 | 1.21× | 1.48× | ||
| Q2 24 | 1.24× | 1.34× | ||
| Q1 24 | 1.26× | 1.40× |
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 | $66.0M |
| 自由现金流经营现金流 - 资本支出 | $-385.0M | $-155.0M |
| 自由现金流率自由现金流/营收 | -30.3% | -7.5% |
| 资本支出强度资本支出/营收 | 82.5% | 10.7% |
| 现金转化率经营现金流/净利润 | 2.79× | 0.22× |
| 过去12个月自由现金流最近4个季度 | $-1.1B | $282.0M |
8季度趋势，按日历期对齐
经营现金流AWKUGI
| Q4 25 | $663.0M | $66.0M | ||
| Q3 25 | $764.0M | $90.0M | ||
| Q2 25 | $301.0M | $289.0M | ||
| Q1 25 | $331.0M | $684.0M | ||
| Q4 24 | $639.0M | $164.0M | ||
| Q3 24 | $679.0M | $151.0M | ||
| Q2 24 | $345.0M | $390.0M | ||
| Q1 24 | $382.0M | $522.0M |
自由现金流AWKUGI
| Q4 25 | $-385.0M | $-155.0M | ||
| Q3 25 | $-33.0M | $-168.0M | ||
| Q2 25 | $-432.0M | $67.0M | ||
| Q1 25 | $-217.0M | $538.0M | ||
| Q4 24 | $-255.0M | $-47.0M | ||
| Q3 24 | $-4.0M | $-115.0M | ||
| Q2 24 | $-325.0M | $185.0M | ||
| Q1 24 | $-227.0M | $353.0M |
自由现金流率AWKUGI
| Q4 25 | -30.3% | -7.5% | ||
| Q3 25 | -2.3% | -14.4% | ||
| Q2 25 | -34.0% | 4.9% | ||
| Q1 25 | -19.1% | 20.4% | ||
| Q4 24 | -21.2% | -2.4% | ||
| Q3 24 | -0.3% | -9.5% | ||
| Q2 24 | -28.5% | 13.7% | ||
| Q1 24 | -22.6% | 14.6% |
资本支出强度AWKUGI
| Q4 25 | 82.5% | 10.7% | ||
| Q3 25 | 54.8% | 22.1% | ||
| Q2 25 | 57.6% | 16.3% | ||
| Q1 25 | 48.3% | 5.5% | ||
| Q4 24 | 74.4% | 10.6% | ||
| Q3 24 | 51.4% | 22.0% | ||
| Q2 24 | 58.8% | 15.2% | ||
| Q1 24 | 60.7% | 7.0% |
现金转化率AWKUGI
| Q4 25 | 2.79× | 0.22× | ||
| Q3 25 | 2.02× | — | ||
| Q2 25 | 1.04× | — | ||
| Q1 25 | 1.61× | 1.43× | ||
| Q4 24 | 2.67× | 0.44× | ||
| Q3 24 | 1.94× | — | ||
| Q2 24 | 1.25× | — | ||
| Q1 24 | 2.06× | 1.05× |
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% |
UGI
暂无分部数据
