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PEABODY ENERGY CORP（BTU）与Worthington Steel, Inc.（WS）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Worthington Steel, Inc.的1.2倍（$1.0B vs $871.9M），Worthington Steel, Inc.净利率更高（2.2% vs 1.2%，领先0.9%），Worthington Steel, Inc.同比增速更快（18.0% vs -9.0%），过去两年Worthington Steel, Inc.的营收复合增速更高（3.9% 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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
BTU vs WS — 直观对比
营收规模更大
BTU
是对方的1.2倍
$871.9M
营收增速更快
WS
高出27.0%
-9.0%
净利率更高
WS
高出0.9%
1.2%
两年增速更快
WS
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $871.9M |
| 净利润 | $12.4M | $18.8M |
| 毛利率 | — | 10.7% |
| 营业利润率 | 0.8% | 2.5% |
| 净利率 | 1.2% | 2.2% |
| 营收同比 | -9.0% | 18.0% |
| 净利润同比 | -67.2% | 46.9% |
| 每股收益（稀释后） | $0.11 | $0.37 |
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BTUWS
| Q4 25 | $1.0B | $871.9M | ||
| Q3 25 | $1.0B | $872.9M | ||
| Q2 25 | $890.1M | $832.9M | ||
| Q1 25 | $937.0M | $687.4M | ||
| Q4 24 | $1.1B | $739.0M | ||
| Q3 24 | $1.1B | $834.0M | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $983.6M | $805.8M |
净利润BTUWS
| Q4 25 | $12.4M | $18.8M | ||
| Q3 25 | $-70.1M | $36.8M | ||
| Q2 25 | $-27.6M | $55.7M | ||
| Q1 25 | $34.4M | $13.8M | ||
| Q4 24 | $37.8M | $12.8M | ||
| Q3 24 | $101.3M | $28.4M | ||
| Q2 24 | $199.4M | — | ||
| Q1 24 | $39.6M | $49.0M |
毛利率BTUWS
| Q4 25 | — | 10.7% | ||
| Q3 25 | — | 13.2% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 11.8% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 12.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 14.9% |
营业利润率BTUWS
| Q4 25 | 0.8% | 2.5% | ||
| Q3 25 | -8.0% | 5.5% | ||
| Q2 25 | -4.3% | 8.0% | ||
| Q1 25 | 3.4% | 2.7% | ||
| Q4 24 | 3.6% | 2.6% | ||
| Q3 24 | 11.0% | 5.2% | ||
| Q2 24 | 22.4% | — | ||
| Q1 24 | 5.2% | 8.2% |
净利率BTUWS
| Q4 25 | 1.2% | 2.2% | ||
| Q3 25 | -6.9% | 4.2% | ||
| Q2 25 | -3.1% | 6.7% | ||
| Q1 25 | 3.7% | 2.0% | ||
| Q4 24 | 3.4% | 1.7% | ||
| Q3 24 | 9.3% | 3.4% | ||
| Q2 24 | 19.1% | — | ||
| Q1 24 | 4.0% | 6.1% |
每股收益（稀释后）BTUWS
| Q4 25 | $0.11 | $0.37 | ||
| Q3 25 | $-0.58 | $0.72 | ||
| Q2 25 | $-0.23 | $1.11 | ||
| Q1 25 | $0.27 | $0.27 | ||
| Q4 24 | $0.25 | $0.25 | ||
| Q3 24 | $0.74 | $0.56 | ||
| Q2 24 | $1.42 | — | ||
| Q1 24 | $0.29 | $0.98 |
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 | $89.8M |
| 总债务越低越好 | $321.2M | $72.1M |
| 股东权益账面价值 | $3.5B | $1.1B |
| 总资产 | $5.8B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资BTUWS
| Q4 25 | $575.3M | $89.8M | ||
| Q3 25 | $603.3M | $78.3M | ||
| Q2 25 | $585.9M | $38.0M | ||
| Q1 25 | $696.5M | $63.3M | ||
| Q4 24 | $700.4M | $52.0M | ||
| Q3 24 | $772.9M | $36.0M | ||
| Q2 24 | $621.7M | — | ||
| Q1 24 | $855.7M | $60.8M |
总债务BTUWS
| Q4 25 | $321.2M | $72.1M | ||
| Q3 25 | $321.8M | $73.4M | ||
| Q2 25 | $329.2M | $151.5M | ||
| Q1 25 | $331.2M | — | ||
| Q4 24 | $332.3M | $115.0M | ||
| Q3 24 | $323.7M | $122.2M | ||
| Q2 24 | $323.2M | — | ||
| Q1 24 | $323.3M | $147.2M |
股东权益BTUWS
| Q4 25 | $3.5B | $1.1B | ||
| Q3 25 | $3.5B | $1.1B | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.7B | $1.0B | ||
| Q4 24 | $3.7B | $1.0B | ||
| Q3 24 | $3.6B | $1.0B | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.5B | $937.6M |
总资产BTUWS
| Q4 25 | $5.8B | $2.1B | ||
| Q3 25 | $5.7B | $2.2B | ||
| Q2 25 | $5.8B | $2.0B | ||
| Q1 25 | $5.8B | $1.8B | ||
| Q4 24 | $6.0B | $1.7B | ||
| Q3 24 | $5.9B | $1.8B | ||
| Q2 24 | $5.9B | — | ||
| Q1 24 | $5.7B | $1.8B |
负债/权益比BTUWS
| Q4 25 | 0.09× | 0.06× | ||
| Q3 25 | 0.09× | 0.07× | ||
| Q2 25 | 0.09× | 0.14× | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.09× | 0.11× | ||
| Q3 24 | 0.09× | 0.12× | ||
| Q2 24 | 0.09× | — | ||
| Q1 24 | 0.09× | 0.16× |
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 | $99.3M |
| 自由现金流经营现金流 - 资本支出 | — | $74.6M |
| 自由现金流率自由现金流/营收 | — | 8.6% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | 5.53× | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流BTUWS
| Q4 25 | $68.6M | $99.3M | ||
| Q3 25 | $122.0M | $-6.3M | ||
| Q2 25 | $23.2M | $53.9M | ||
| Q1 25 | $119.9M | $53.8M | ||
| Q4 24 | $119.8M | $68.0M | ||
| Q3 24 | $359.9M | $54.6M | ||
| Q2 24 | $7.8M | — | ||
| Q1 24 | $119.0M | $44.7M |
自由现金流BTUWS
| Q4 25 | — | $74.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $25.2M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $33.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $22.3M |
自由现金流率BTUWS
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
资本支出强度BTUWS
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.8% |
现金转化率BTUWS
| Q4 25 | 5.53× | 5.28× | ||
| Q3 25 | — | -0.17× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | 3.49× | 3.90× | ||
| Q4 24 | 3.17× | 5.31× | ||
| Q3 24 | 3.55× | 1.92× | ||
| Q2 24 | 0.04× | — | ||
| Q1 24 | 3.01× | 0.91× |
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% |
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
