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BLACK HILLS CORP（BKH）与WINTRUST FINANCIAL CORP（WTFC）财务数据对比。点击上方公司名可切换其他公司
WINTRUST FINANCIAL CORP的季度营收约是BLACK HILLS CORP的1.1倍（$713.2M vs $622.7M），WINTRUST FINANCIAL CORP净利率更高（31.9% vs 16.8%，领先15.0%），WINTRUST FINANCIAL CORP同比增速更快（10.9% vs 6.4%），过去两年WINTRUST FINANCIAL CORP的营收复合增速更高（9.8% vs -6.8%）
布莱克山集团是美国多元化能源企业，总部位于南达科他州拉皮德城，名称来源于当地的布莱克山区域。公司主营电力与天然气公用事业，服务覆盖南达科他、蒙大拿、怀俄明、科罗拉多等多个州，电力产品行销整个美国西部地区。
Wintrust Financial是美国本土金融控股公司，在伊利诺伊州北部及威斯康星州南部运营15家特许社区银行，属于美国中型银行机构，是芝加哥第二大银行企业，于纳斯达克全球精选市场上市，股票代码为WTFC。
BKH vs WTFC — 直观对比
营收规模更大
WTFC
是对方的1.1倍
$622.7M
营收增速更快
WTFC
高出4.5%
6.4%
净利率更高
WTFC
高出15.0%
16.8%
两年增速更快
WTFC
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $622.7M | $713.2M |
| 净利润 | $104.9M | $227.4M |
| 毛利率 | — | — |
| 营业利润率 | 27.5% | — |
| 净利率 | 16.8% | 31.9% |
| 营收同比 | 6.4% | 10.9% |
| 净利润同比 | 7.0% | 2.0% |
| 每股收益（稀释后） | $1.39 | $3.22 |
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BKHWTFC
| Q1 26 | — | $713.2M | ||
| Q4 25 | $622.7M | $714.3M | ||
| Q3 25 | $427.4M | $697.8M | ||
| Q2 25 | $435.7M | $670.8M | ||
| Q1 25 | $800.4M | $643.1M | ||
| Q4 24 | $585.1M | $638.6M | ||
| Q3 24 | $398.6M | $615.7M | ||
| Q2 24 | $397.1M | $591.8M |
净利润BKHWTFC
| Q1 26 | — | $227.4M | ||
| Q4 25 | $104.9M | — | ||
| Q3 25 | $24.9M | $216.3M | ||
| Q2 25 | $27.5M | $195.5M | ||
| Q1 25 | $134.3M | $189.0M | ||
| Q4 24 | $98.0M | — | ||
| Q3 24 | $24.4M | $170.0M | ||
| Q2 24 | $22.8M | $152.4M |
营业利润率BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | 27.5% | 42.3% | ||
| Q3 25 | 18.4% | 42.4% | ||
| Q2 25 | 18.9% | 39.8% | ||
| Q1 25 | 25.6% | 39.3% | ||
| Q4 24 | 27.9% | 39.6% | ||
| Q3 24 | 19.0% | 37.8% | ||
| Q2 24 | 17.8% | 35.7% |
净利率BKHWTFC
| Q1 26 | — | 31.9% | ||
| Q4 25 | 16.8% | — | ||
| Q3 25 | 5.8% | 31.0% | ||
| Q2 25 | 6.3% | 29.1% | ||
| Q1 25 | 16.8% | 29.4% | ||
| Q4 24 | 16.7% | — | ||
| Q3 24 | 6.1% | 27.6% | ||
| Q2 24 | 5.7% | 25.8% |
每股收益（稀释后）BKHWTFC
| Q1 26 | — | $3.22 | ||
| Q4 25 | $1.39 | $3.15 | ||
| Q3 25 | $0.34 | $2.78 | ||
| Q2 25 | $0.38 | $2.78 | ||
| Q1 25 | $1.87 | $2.69 | ||
| Q4 24 | $1.36 | $2.63 | ||
| Q3 24 | $0.35 | $2.47 | ||
| Q2 24 | $0.33 | $2.32 |
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 | $182.8M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.8B | $7.4B |
| 总资产 | $10.9B | $72.2B |
| 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BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | $182.8M | — | ||
| Q3 25 | $21.1M | — | ||
| Q2 25 | $8.1M | — | ||
| Q1 25 | $6.6M | — | ||
| Q4 24 | $16.1M | — | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $624.8M | — |
股东权益BKHWTFC
| Q1 26 | — | $7.4B | ||
| Q4 25 | $3.8B | $7.3B | ||
| Q3 25 | $3.8B | $7.0B | ||
| Q2 25 | $3.6B | $7.2B | ||
| Q1 25 | $3.6B | $6.6B | ||
| Q4 24 | $3.5B | $6.3B | ||
| Q3 24 | $3.4B | $6.4B | ||
| Q2 24 | $3.4B | $5.5B |
总资产BKHWTFC
| Q1 26 | — | $72.2B | ||
| Q4 25 | $10.9B | $71.1B | ||
| Q3 25 | $10.3B | $69.6B | ||
| Q2 25 | $10.1B | $69.0B | ||
| Q1 25 | $10.1B | $65.9B | ||
| Q4 24 | $10.0B | $64.9B | ||
| Q3 24 | $9.7B | $63.8B | ||
| Q2 24 | $10.2B | $59.8B |
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 | $168.1M | — |
| 自由现金流经营现金流 - 资本支出 | $-101.5M | — |
| 自由现金流率自由现金流/营收 | -16.3% | — |
| 资本支出强度资本支出/营收 | 43.3% | — |
| 现金转化率经营现金流/净利润 | 1.60× | — |
| 过去12个月自由现金流最近4个季度 | $-146.4M | — |
8季度趋势，按日历期对齐
经营现金流BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | $168.1M | $910.3M | ||
| Q3 25 | $88.9M | $209.8M | ||
| Q2 25 | $188.6M | $329.2M | ||
| Q1 25 | $227.8M | $119.8M | ||
| Q4 24 | $153.2M | $721.6M | ||
| Q3 24 | $102.1M | $-61.6M | ||
| Q2 24 | $230.6M | $221.2M |
自由现金流BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | $-101.5M | $860.4M | ||
| Q3 25 | $-89.5M | — | ||
| Q2 25 | $-30.3M | — | ||
| Q1 25 | $74.9M | — | ||
| Q4 24 | $-60.5M | $635.5M | ||
| Q3 24 | $-86.0M | $-78.3M | ||
| Q2 24 | $64.4M | $182.1M |
自由现金流率BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | -16.3% | 120.5% | ||
| Q3 25 | -20.9% | — | ||
| Q2 25 | -7.0% | — | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | -10.3% | 99.5% | ||
| Q3 24 | -21.6% | -12.7% | ||
| Q2 24 | 16.2% | 30.8% |
资本支出强度BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | 43.3% | 7.0% | ||
| Q3 25 | 41.7% | — | ||
| Q2 25 | 50.2% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 36.5% | 13.5% | ||
| Q3 24 | 47.2% | 2.7% | ||
| Q2 24 | 41.9% | 6.6% |
现金转化率BKHWTFC
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | — | ||
| Q3 25 | 3.57× | 0.97× | ||
| Q2 25 | 6.86× | 1.68× | ||
| Q1 25 | 1.70× | 0.63× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 4.18× | -0.36× | ||
| Q2 24 | 10.11× | 1.45× |
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
BKH
| Gas Utilities | $391.1M | 63% |
| Retail Electric Natural Gasand Coal | $189.7M | 30% |
| Other | $15.3M | 2% |
| Market Off System Sales | $13.6M | 2% |
| Transferred At Point In Time | $8.9M | 1% |
| Wholesale | $4.9M | 1% |
| Inter Segment Revenues | $2.4M | 0% |
WTFC
暂无分部数据
