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博思艾伦汉密尔顿（BAH）与道明尼能源（D）财务数据对比。点击上方公司名可切换其他公司
道明尼能源的季度营收约是博思艾伦汉密尔顿的1.6倍（$4.2B vs $2.6B），道明尼能源净利率更高（13.9% vs 7.6%，领先6.3%），道明尼能源同比增速更快（23.2% vs -10.2%），过去两年道明尼能源的营收复合增速更高（9.3% vs -2.8%）
博思艾伦汉密尔顿控股集团是美国知名专业服务企业，深耕数字化转型与人工智能领域，为公共部门、私营机构及非营利组织提供咨询、分析与工程服务，总部位于弗吉尼亚州麦克莱恩，属华盛顿大都会区，在全球另设有80个办事处。
道明尼能源是总部位于美国弗吉尼亚州里士满的能源企业，为弗吉尼亚、北卡罗来纳、南卡罗来纳三州的部分地区供电，同时向犹他、爱达荷、怀俄明、西弗吉尼亚、俄亥俄、宾夕法尼亚、佐治亚等州的部分区域供应天然气，在印第安纳、伊利诺伊、康涅狄格、罗得岛也设有发电设施。
BAH vs D — 直观对比
营收规模更大
D
是对方的1.6倍
$2.6B
营收增速更快
D
高出33.4%
-10.2%
净利率更高
D
高出6.3%
7.6%
两年增速更快
D
近两年复合增速
-2.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.6B | $4.2B |
| 净利润 | $200.0M | $586.0M |
| 毛利率 | 51.9% | — |
| 营业利润率 | 8.8% | 18.0% |
| 净利率 | 7.6% | 13.9% |
| 营收同比 | -10.2% | 23.2% |
| 净利润同比 | 7.0% | 871.1% |
| 每股收益（稀释后） | $1.63 | $0.66 |
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BAHD
| Q4 25 | $2.6B | $4.2B | ||
| Q3 25 | $2.9B | $4.5B | ||
| Q2 25 | $2.9B | $3.7B | ||
| Q1 25 | $3.0B | $4.1B | ||
| Q4 24 | $2.9B | $3.4B | ||
| Q3 24 | $3.1B | $3.8B | ||
| Q2 24 | $2.9B | $3.5B | ||
| Q1 24 | $2.8B | $3.5B |
净利润BAHD
| Q4 25 | $200.0M | $586.0M | ||
| Q3 25 | $175.0M | $1.0B | ||
| Q2 25 | $271.0M | $760.0M | ||
| Q1 25 | $192.7M | $646.0M | ||
| Q4 24 | $186.9M | $-76.0M | ||
| Q3 24 | $390.1M | $954.0M | ||
| Q2 24 | $165.2M | $572.0M | ||
| Q1 24 | $128.0M | $674.0M |
毛利率BAHD
| Q4 25 | 51.9% | — | ||
| Q3 25 | 53.6% | — | ||
| Q2 25 | 51.3% | — | ||
| Q1 25 | 53.6% | — | ||
| Q4 24 | 55.2% | — | ||
| Q3 24 | 56.7% | — | ||
| Q2 24 | 53.4% | — | ||
| Q1 24 | 54.7% | — |
营业利润率BAHD
| Q4 25 | 8.8% | 18.0% | ||
| Q3 25 | 9.8% | 29.7% | ||
| Q2 25 | 8.8% | 29.5% | ||
| Q1 25 | 9.2% | 29.9% | ||
| Q4 24 | 10.0% | 11.4% | ||
| Q3 24 | 17.4% | 32.2% | ||
| Q2 24 | 8.7% | 23.3% | ||
| Q1 24 | 9.5% | 23.6% |
净利率BAHD
| Q4 25 | 7.6% | 13.9% | ||
| Q3 25 | 6.1% | 22.3% | ||
| Q2 25 | 9.3% | 20.4% | ||
| Q1 25 | 6.5% | 15.8% | ||
| Q4 24 | 6.4% | -2.2% | ||
| Q3 24 | 12.4% | 25.2% | ||
| Q2 24 | 5.6% | 16.6% | ||
| Q1 24 | 4.6% | 19.1% |
每股收益（稀释后）BAHD
| Q4 25 | $1.63 | $0.66 | ||
| Q3 25 | $1.42 | $1.16 | ||
| Q2 25 | $2.16 | $0.88 | ||
| Q1 25 | $1.52 | $0.75 | ||
| Q4 24 | $1.45 | $-0.11 | ||
| Q3 24 | $3.01 | $1.12 | ||
| Q2 24 | $1.27 | $0.65 | ||
| Q1 24 | $0.97 | $0.78 |
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 | $882.0M | $250.0M |
| 总债务越低越好 | $3.9B | $44.1B |
| 股东权益账面价值 | $1.0B | $29.1B |
| 总资产 | $7.1B | $115.9B |
| 负债/权益比越低杠杆越低 | 3.84× | 1.52× |
8季度趋势，按日历期对齐
现金及短期投资BAHD
| Q4 25 | $882.0M | $250.0M | ||
| Q3 25 | $816.0M | $932.0M | ||
| Q2 25 | $711.0M | $344.0M | ||
| Q1 25 | $885.0M | $355.0M | ||
| Q4 24 | $453.5M | $310.0M | ||
| Q3 24 | $558.7M | $1.8B | ||
| Q2 24 | $297.7M | $139.0M | ||
| Q1 24 | $554.3M | $265.0M |
总债务BAHD
| Q4 25 | $3.9B | $44.1B | ||
| Q3 25 | $4.0B | $43.3B | ||
| Q2 25 | $4.0B | $40.3B | ||
| Q1 25 | $4.0B | $39.9B | ||
| Q4 24 | $3.4B | $37.5B | ||
| Q3 24 | $3.4B | $37.1B | ||
| Q2 24 | $3.4B | $36.6B | ||
| Q1 24 | $3.4B | $35.1B |
股东权益BAHD
| Q4 25 | $1.0B | $29.1B | ||
| Q3 25 | $996.0M | $27.7B | ||
| Q2 25 | $1.1B | $27.2B | ||
| Q1 25 | $1.0B | $27.4B | ||
| Q4 24 | $1.2B | $27.3B | ||
| Q3 24 | $1.2B | $27.5B | ||
| Q2 24 | $1.1B | $27.1B | ||
| Q1 24 | $1.0B | $27.4B |
总资产BAHD
| Q4 25 | $7.1B | $115.9B | ||
| Q3 25 | $7.2B | $111.6B | ||
| Q2 25 | $7.2B | $107.4B | ||
| Q1 25 | $7.3B | $104.6B | ||
| Q4 24 | $6.8B | $102.4B | ||
| Q3 24 | $6.9B | $99.8B | ||
| Q2 24 | $6.6B | $100.4B | ||
| Q1 24 | $6.6B | $102.0B |
负债/权益比BAHD
| Q4 25 | 3.84× | 1.52× | ||
| Q3 25 | 3.98× | 1.56× | ||
| Q2 25 | 3.74× | 1.48× | ||
| Q1 25 | 3.99× | 1.46× | ||
| Q4 24 | 2.79× | 1.38× | ||
| Q3 24 | 2.83× | 1.35× | ||
| Q2 24 | 3.14× | 1.35× | ||
| Q1 24 | 3.26× | 1.28× |
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 | $261.0M | $987.0M |
| 自由现金流经营现金流 - 资本支出 | $248.0M | — |
| 自由现金流率自由现金流/营收 | 9.5% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 1.30× | 1.68× |
| 过去12个月自由现金流最近4个季度 | $933.4M | — |
8季度趋势，按日历期对齐
经营现金流BAHD
| Q4 25 | $261.0M | $987.0M | ||
| Q3 25 | $421.0M | $1.9B | ||
| Q2 25 | $119.0M | $1.2B | ||
| Q1 25 | $219.0M | $1.2B | ||
| Q4 24 | $150.8M | $641.0M | ||
| Q3 24 | $587.1M | $1.5B | ||
| Q2 24 | $52.1M | $856.0M | ||
| Q1 24 | $143.8M | $2.0B |
自由现金流BAHD
| Q4 25 | $248.0M | — | ||
| Q3 25 | $395.0M | — | ||
| Q2 25 | $96.0M | — | ||
| Q1 25 | $194.4M | — | ||
| Q4 24 | $133.6M | — | ||
| Q3 24 | $563.3M | — | ||
| Q2 24 | $19.7M | — | ||
| Q1 24 | $127.6M | — |
自由现金流率BAHD
| Q4 25 | 9.5% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 4.6% | — |
资本支出强度BAHD
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 0.6% | — |
现金转化率BAHD
| Q4 25 | 1.30× | 1.68× | ||
| Q3 25 | 2.41× | 1.93× | ||
| Q2 25 | 0.44× | 1.64× | ||
| Q1 25 | 1.14× | 1.83× | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 1.50× | 1.61× | ||
| Q2 24 | 0.32× | 1.50× | ||
| Q1 24 | 1.12× | 2.94× |
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
BAH
| Defense Clients | $1.5B | 55% |
| Civil Clients | $732.0M | 28% |
| Intelligence Clients | $434.0M | 17% |
D
| Dominion Energy Virginia | $3.0B | 72% |
| Nonregulated Electricity Sales | $334.0M | 8% |
| Contracted Energy | $306.0M | 7% |
| Other | $292.0M | 7% |
| Other Nonregulated Revenues | $97.0M | 2% |
| Other Regulated Revenues | $66.0M | 2% |
| Alternative Revenue Programs | $50.0M | 1% |
| Transition Services Agreements | $25.0M | 1% |
| Regulated Gas Transportation And Storage | $10.0M | 0% |
| Related Party | $5.0M | 0% |
