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PEABODY ENERGY CORP（BTU）与NACCO INDUSTRIES INC（NC）财务数据对比。点击上方公司名可切换其他公司
PEABODY ENERGY CORP的季度营收约是NACCO INDUSTRIES INC的15.3倍（$1.0B vs $66.8M）。PEABODY ENERGY CORP净利率更高（1.2% vs -5.8%，领先7.0%）。NACCO INDUSTRIES INC同比增速更快（-5.2% vs -9.0%）。过去两年NACCO INDUSTRIES INC的营收复合增速更高（11.9% vs 1.9%）
皮博迪能源是总部位于美国密苏里州圣路易斯的煤炭开采企业，核心业务涵盖煤炭的开采、销售与配送，产品主要供应给发电和炼钢领域。公司还通过中国、澳大利亚及美国的办公网点开展煤炭的营销、经纪和贸易业务。
纳科工业是一家总部位于美国俄亥俄州克利夫兰的上市控股公司，核心业务聚焦采矿与自然资源领域，旗下划分煤炭开采、北美采矿、矿产管理三大业务板块。其中煤炭开采板块采用服务型商业模式，依据长期合约为发电企业及活性炭生产商运营露天煤矿。
BTU vs NC — 直观对比
营收规模更大
BTU
是对方的15.3倍
$66.8M
营收增速更快
NC
高出3.8%
-9.0%
净利率更高
BTU
高出7.0%
-5.8%
两年增速更快
NC
近两年复合增速
1.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $66.8M |
| 净利润 | $12.4M | $-3.8M |
| 毛利率 | — | 18.0% |
| 营业利润率 | 0.8% | 11.3% |
| 净利率 | 1.2% | -5.8% |
| 营收同比 | -9.0% | -5.2% |
| 净利润同比 | -67.2% | -150.8% |
| 每股收益（稀释后） | $0.11 | $-0.53 |
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BTUNC
| Q4 25 | $1.0B | $66.8M | ||
| Q3 25 | $1.0B | $76.6M | ||
| Q2 25 | $890.1M | $68.2M | ||
| Q1 25 | $937.0M | $65.6M | ||
| Q4 24 | $1.1B | $70.4M | ||
| Q3 24 | $1.1B | $61.7M | ||
| Q2 24 | $1.0B | $52.3M | ||
| Q1 24 | $983.6M | $53.3M |
净利润BTUNC
| Q4 25 | $12.4M | $-3.8M | ||
| Q3 25 | $-70.1M | $13.3M | ||
| Q2 25 | $-27.6M | $3.3M | ||
| Q1 25 | $34.4M | $4.9M | ||
| Q4 24 | $37.8M | $7.6M | ||
| Q3 24 | $101.3M | $15.6M | ||
| Q2 24 | $199.4M | $6.0M | ||
| Q1 24 | $39.6M | $4.6M |
毛利率BTUNC
| Q4 25 | — | 18.0% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 10.0% | ||
| Q1 25 | — | 14.7% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 11.7% | ||
| Q2 24 | — | 13.4% | ||
| Q1 24 | — | 13.2% |
营业利润率BTUNC
| Q4 25 | 0.8% | 11.3% | ||
| Q3 25 | -8.0% | 8.8% | ||
| Q2 25 | -4.3% | -0.1% | ||
| Q1 25 | 3.4% | 11.7% | ||
| Q4 24 | 3.6% | 5.5% | ||
| Q3 24 | 11.0% | 31.9% | ||
| Q2 24 | 22.4% | 14.1% | ||
| Q1 24 | 5.2% | 8.9% |
净利率BTUNC
| Q4 25 | 1.2% | -5.8% | ||
| Q3 25 | -6.9% | 17.3% | ||
| Q2 25 | -3.1% | 4.8% | ||
| Q1 25 | 3.7% | 7.5% | ||
| Q4 24 | 3.4% | 10.7% | ||
| Q3 24 | 9.3% | 25.4% | ||
| Q2 24 | 19.1% | 11.4% | ||
| Q1 24 | 4.0% | 8.6% |
每股收益（稀释后）BTUNC
| Q4 25 | $0.11 | $-0.53 | ||
| Q3 25 | $-0.58 | $1.78 | ||
| Q2 25 | $-0.23 | $0.44 | ||
| Q1 25 | $0.27 | $0.66 | ||
| Q4 24 | $0.25 | $0.99 | ||
| Q3 24 | $0.74 | $2.14 | ||
| Q2 24 | $1.42 | $0.81 | ||
| Q1 24 | $0.29 | $0.61 |
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 | $575.3M | $49.7M |
| 总债务越低越好 | $321.2M | $100.8M |
| 股东权益账面价值 | $3.5B | $429.2M |
| 总资产 | $5.8B | $661.2M |
| 负债/权益比越低杠杆越低 | 0.09× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资BTUNC
| Q4 25 | $575.3M | $49.7M | ||
| Q3 25 | $603.3M | $52.7M | ||
| Q2 25 | $585.9M | $49.4M | ||
| Q1 25 | $696.5M | $61.9M | ||
| Q4 24 | $700.4M | $72.8M | ||
| Q3 24 | $772.9M | $63.1M | ||
| Q2 24 | $621.7M | $62.4M | ||
| Q1 24 | $855.7M | $61.8M |
总债务BTUNC
| Q4 25 | $321.2M | $100.8M | ||
| Q3 25 | $321.8M | — | ||
| Q2 25 | $329.2M | — | ||
| Q1 25 | $331.2M | — | ||
| Q4 24 | $332.3M | $99.4M | ||
| Q3 24 | $323.7M | — | ||
| Q2 24 | $323.2M | $29.0M | ||
| Q1 24 | $323.3M | $28.4M |
股东权益BTUNC
| Q4 25 | $3.5B | $429.2M | ||
| Q3 25 | $3.5B | $426.4M | ||
| Q2 25 | $3.6B | $413.1M | ||
| Q1 25 | $3.7B | $409.1M | ||
| Q4 24 | $3.7B | $404.9M | ||
| Q3 24 | $3.6B | $397.3M | ||
| Q2 24 | $3.7B | $384.1M | ||
| Q1 24 | $3.5B | $381.6M |
总资产BTUNC
| Q4 25 | $5.8B | $661.2M | ||
| Q3 25 | $5.7B | $637.6M | ||
| Q2 25 | $5.8B | $631.3M | ||
| Q1 25 | $5.8B | $634.2M | ||
| Q4 24 | $6.0B | $631.7M | ||
| Q3 24 | $5.9B | $597.4M | ||
| Q2 24 | $5.9B | $560.1M | ||
| Q1 24 | $5.7B | $538.0M |
负债/权益比BTUNC
| Q4 25 | 0.09× | 0.23× | ||
| Q3 25 | 0.09× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.09× | 0.25× | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | 0.09× | 0.08× | ||
| Q1 24 | 0.09× | 0.07× |
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 | $68.6M | $11.4M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.53× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BTUNC
| Q4 25 | $68.6M | $11.4M | ||
| Q3 25 | $122.0M | $42.3M | ||
| Q2 25 | $23.2M | $-7.8M | ||
| Q1 25 | $119.9M | $5.0M | ||
| Q4 24 | $119.8M | $25.2M | ||
| Q3 24 | $359.9M | $2.8M | ||
| Q2 24 | $7.8M | $4.1M | ||
| Q1 24 | $119.0M | $-9.8M |
现金转化率BTUNC
| Q4 25 | 5.53× | — | ||
| Q3 25 | — | 3.19× | ||
| Q2 25 | — | -2.39× | ||
| Q1 25 | 3.49× | 1.03× | ||
| Q4 24 | 3.17× | 3.33× | ||
| Q3 24 | 3.55× | 0.18× | ||
| Q2 24 | 0.04× | 0.68× | ||
| Q1 24 | 3.01× | -2.14× |
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
BTU
| Seaborne Metallurgical Mining | $305.4M | 30% |
| Powder River Basin Mining | $300.3M | 29% |
| Seaborne Thermal Mining | $205.6M | 20% |
| Other | $182.1M | 18% |
| Thermal Coal | $28.9M | 3% |
NC
| Transferred Over Time | $42.7M | 64% |
| Transferred At Point In Time | $24.1M | 36% |
