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巴里克黄金（B）与Tennessee Valley Authority（TVE）财务数据对比。点击上方公司名可切换其他公司
巴里克黄金的季度营收约是Tennessee Valley Authority的1.2倍（$3.7B vs $3.0B），巴里克黄金净利率更高（34.1% vs 8.7%，领先25.4%），巴里克黄金同比增速更快（16.4% vs 4.4%）
巴里克黄金是一家主营黄金、铜开采生产的矿业企业，业务布局覆盖阿根廷、加拿大、智利、刚果（金）等全球近二十个国家和地区。2024年该公司黄金产量达391万盎司，全维持成本为每盎司1484美元；铜产量19.5万吨，全维持成本为每磅3.45美元。
田纳西河流域管理局（TVA）是美国联邦政府所有的电力公用事业企业，服务范围覆盖田纳西州全境，以及阿拉巴马州、密西西比州、肯塔基州的部分区域，还涵盖佐治亚州、北卡罗来纳州、弗吉尼亚州的小块区域。该企业虽归属联邦政府，但不依赖纳税人资金运营，运营模式与私营盈利企业类似，总部位于田纳西州诺克斯维尔。
B vs TVE — 直观对比
营收规模更大
B
是对方的1.2倍
$3.0B
营收增速更快
B
高出12.0%
4.4%
净利率更高
B
高出25.4%
8.7%
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.7B | $3.0B |
| 净利润 | $1.3B | $266.0M |
| 毛利率 | 49.0% | — |
| 营业利润率 | 38.5% | 18.1% |
| 净利率 | 34.1% | 8.7% |
| 营收同比 | 16.4% | 4.4% |
| 净利润同比 | 98.1% | 112.8% |
| 每股收益（稀释后） | $0.47 | — |
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BTVE
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | $3.7B | $3.3B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | $3.2B | $2.9B | ||
| Q1 24 | — | $3.2B |
净利润BTVE
| Q4 25 | — | $266.0M | ||
| Q3 25 | — | $615.0M | ||
| Q2 25 | $1.3B | $212.0M | ||
| Q1 25 | — | $408.0M | ||
| Q4 24 | — | $125.0M | ||
| Q3 24 | — | $520.0M | ||
| Q2 24 | $634.0M | $181.0M | ||
| Q1 24 | — | $307.0M |
毛利率BTVE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 49.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 37.4% | — | ||
| Q1 24 | — | — |
营业利润率BTVE
| Q4 25 | — | 18.1% | ||
| Q3 25 | — | 23.6% | ||
| Q2 25 | 38.5% | 15.6% | ||
| Q1 25 | — | 20.3% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | — | 22.7% | ||
| Q2 24 | 34.5% | 15.9% | ||
| Q1 24 | — | 18.4% |
净利率BTVE
| Q4 25 | — | 8.7% | ||
| Q3 25 | — | 15.7% | ||
| Q2 25 | 34.1% | 6.4% | ||
| Q1 25 | — | 11.6% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | 20.1% | 6.3% | ||
| Q1 24 | — | 9.7% |
每股收益（稀释后）BTVE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.47 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $0.21 | — | ||
| 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 | $4.8B | $501.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $33.4B | — |
| 总资产 | $47.3B | $59.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BTVE
| Q4 25 | — | $501.0M | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | $4.8B | $501.0M | ||
| Q1 25 | — | $502.0M | ||
| Q4 24 | — | $507.0M | ||
| Q3 24 | — | $502.0M | ||
| Q2 24 | $4.0B | $501.0M | ||
| Q1 24 | — | $508.0M |
总债务BTVE
| Q4 25 | — | — | ||
| Q3 25 | — | $22.1B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $19.1B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BTVE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $33.4B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $32.5B | — | ||
| Q1 24 | — | — |
总资产BTVE
| Q4 25 | — | $59.5B | ||
| Q3 25 | — | $60.9B | ||
| Q2 25 | $47.3B | $59.9B | ||
| Q1 25 | — | $59.3B | ||
| Q4 24 | — | $58.4B | ||
| Q3 24 | — | $57.7B | ||
| Q2 24 | $46.2B | $56.2B | ||
| Q1 24 | — | $52.3B |
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 | $1.3B | $330.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-814.0M |
| 自由现金流率自由现金流/营收 | — | -26.7% |
| 资本支出强度资本支出/营收 | — | 37.5% |
| 现金转化率经营现金流/净利润 | 1.06× | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | $-1.2B |
8季度趋势，按日历期对齐
经营现金流BTVE
| Q4 25 | — | $330.0M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | $1.3B | $615.0M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $450.0M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | $1.2B | $508.0M | ||
| Q1 24 | — | $1.0B |
自由现金流BTVE
| Q4 25 | — | $-814.0M | ||
| Q3 25 | — | $233.0M | ||
| Q2 25 | — | $-431.0M | ||
| Q1 25 | — | $-176.0M | ||
| Q4 24 | — | $-759.0M | ||
| Q3 24 | — | $164.0M | ||
| Q2 24 | — | $-248.0M | ||
| Q1 24 | — | $276.0M |
自由现金流率BTVE
| Q4 25 | — | -26.7% | ||
| Q3 25 | — | 6.0% | ||
| Q2 25 | — | -13.0% | ||
| Q1 25 | — | -5.0% | ||
| Q4 24 | — | -26.0% | ||
| Q3 24 | — | 4.7% | ||
| Q2 24 | — | -8.6% | ||
| Q1 24 | — | 8.8% |
资本支出强度BTVE
| Q4 25 | — | 37.5% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 31.6% | ||
| Q1 25 | — | 33.6% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 26.3% | ||
| Q1 24 | — | 24.2% |
现金转化率BTVE
| Q4 25 | — | 1.24× | ||
| Q3 25 | — | 2.03× | ||
| Q2 25 | 1.06× | 2.90× | ||
| Q1 25 | — | 2.48× | ||
| Q4 24 | — | 3.60× | ||
| Q3 24 | — | 2.05× | ||
| Q2 24 | 1.83× | 2.81× | ||
| Q1 24 | — | 3.38× |
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
B
暂无分部数据
TVE
| TN | $2.0B | 65% |
| AL | $449.0M | 15% |
| MS | $266.0M | 9% |
| KY | $193.0M | 6% |
| GA | $75.0M | 2% |
| Federal Agencies And Other | $29.0M | 1% |
| NC | $23.0M | 1% |
| VA | $12.0M | 0% |
| Off System Sales Member | $2.0M | 0% |
