vs
Constellation Energy（CEG）与史丹利百得（SWK）财务数据对比。点击上方公司名可切换其他公司
Constellation Energy的季度营收约是史丹利百得的1.5倍（$5.7B vs $3.8B），Constellation Energy净利率更高（7.6% vs 1.5%，领先6.0%），Constellation Energy同比增速更快（25.8% vs 2.7%），Constellation Energy自由现金流更多（$-181.0M vs $-447.3M），过去两年Constellation Energy的营收复合增速更高（4.0% vs -0.3%）
Constellation Energy是总部位于美国马里兰州巴尔的摩的大型能源企业，核心业务涵盖电力供应、天然气供应以及专业能源管理服务，业务范围覆盖美国本土全境，累计服务的个人及企业客户总量约200万。
史丹利百得是美国知名的工业工具、家用五金产品制造商，同时提供安防类产品，前身为史丹利工具有限公司，由史丹利与百得于2010年3月12日合并而来，总部位于康涅狄格州大哈特福德地区的新不列颠市。
CEG vs SWK — 直观对比
营收规模更大
CEG
是对方的1.5倍
$3.8B
营收增速更快
CEG
高出23.1%
2.7%
净利率更高
CEG
高出6.0%
1.5%
自由现金流更多
CEG
多$266.3M
$-447.3M
两年增速更快
CEG
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $3.8B |
| 净利润 | $432.0M | $59.6M |
| 毛利率 | — | 30.1% |
| 营业利润率 | 10.5% | 4.2% |
| 净利率 | 7.6% | 1.5% |
| 营收同比 | 25.8% | 2.7% |
| 净利润同比 | -49.3% | -34.1% |
| 每股收益（稀释后） | $1.38 | $0.39 |
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CEGSWK
| Q1 26 | — | $3.8B | ||
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.7B | $3.8B | ||
| Q2 25 | $5.2B | $3.9B | ||
| Q1 25 | $6.1B | $3.7B | ||
| Q4 24 | $4.5B | $3.7B | ||
| Q3 24 | $4.8B | $3.8B | ||
| Q2 24 | $4.4B | $4.0B |
净利润CEGSWK
| Q1 26 | — | $59.6M | ||
| Q4 25 | $432.0M | — | ||
| Q3 25 | $930.0M | $51.4M | ||
| Q2 25 | $839.0M | $101.9M | ||
| Q1 25 | $118.0M | $90.4M | ||
| Q4 24 | $852.0M | $194.9M | ||
| Q3 24 | $1.2B | $91.1M | ||
| Q2 24 | $814.0M | $-11.2M |
毛利率CEGSWK
| Q1 26 | — | 30.1% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% |
营业利润率CEGSWK
| Q1 26 | — | 4.2% | ||
| Q4 25 | 10.5% | — | ||
| Q3 25 | 19.0% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 21.5% | 3.4% | ||
| Q3 24 | 30.7% | 10.6% | ||
| Q2 24 | 25.0% | 9.5% |
净利率CEGSWK
| Q1 26 | — | 1.5% | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | 16.3% | 1.4% | ||
| Q2 25 | 16.3% | 2.6% | ||
| Q1 25 | 1.9% | 2.4% | ||
| Q4 24 | 18.8% | 5.2% | ||
| Q3 24 | 25.1% | 2.4% | ||
| Q2 24 | 18.5% | -0.3% |
每股收益（稀释后）CEGSWK
| Q1 26 | — | $0.39 | ||
| Q4 25 | $1.38 | — | ||
| Q3 25 | $2.97 | $0.34 | ||
| Q2 25 | $2.67 | $0.67 | ||
| Q1 25 | $0.38 | $0.60 | ||
| Q4 24 | $2.71 | $1.29 | ||
| Q3 24 | $3.82 | $0.60 | ||
| Q2 24 | $2.58 | $-0.07 |
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 | $3.6B | $333.7M |
| 总债务越低越好 | $7.4B | $6.4B |
| 股东权益账面价值 | $14.5B | — |
| 总资产 | $57.2B | $21.6B |
| 负债/权益比越低杠杆越低 | 0.51× | — |
8季度趋势，按日历期对齐
现金及短期投资CEGSWK
| Q1 26 | — | $333.7M | ||
| Q4 25 | $3.6B | — | ||
| Q3 25 | $4.0B | $268.3M | ||
| Q2 25 | $2.0B | $311.8M | ||
| Q1 25 | $1.8B | $344.8M | ||
| Q4 24 | $3.0B | $290.5M | ||
| Q3 24 | $1.8B | $298.7M | ||
| Q2 24 | $311.0M | $318.5M |
总债务CEGSWK
| Q1 26 | — | $6.4B | ||
| Q4 25 | $7.4B | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | $8.5B | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B |
股东权益CEGSWK
| Q1 26 | — | — | ||
| Q4 25 | $14.5B | — | ||
| Q3 25 | $14.3B | $9.0B | ||
| Q2 25 | $13.4B | $9.1B | ||
| Q1 25 | $13.0B | $8.8B | ||
| Q4 24 | $13.2B | $8.7B | ||
| Q3 24 | $12.6B | $8.9B | ||
| Q2 24 | $11.4B | $8.7B |
总资产CEGSWK
| Q1 26 | — | $21.6B | ||
| Q4 25 | $57.2B | — | ||
| Q3 25 | $56.2B | $21.8B | ||
| Q2 25 | $53.0B | $22.5B | ||
| Q1 25 | $52.3B | $22.5B | ||
| Q4 24 | $52.9B | $21.8B | ||
| Q3 24 | $51.8B | $22.5B | ||
| Q2 24 | $51.3B | $22.5B |
负债/权益比CEGSWK
| Q1 26 | — | — | ||
| Q4 25 | 0.51× | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | 0.64× | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× |
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 | $805.0M | $-388.8M |
| 自由现金流经营现金流 - 资本支出 | $-181.0M | $-447.3M |
| 自由现金流率自由现金流/营收 | -3.2% | -11.6% |
| 资本支出强度资本支出/营收 | 17.3% | — |
| 现金转化率经营现金流/净利润 | 1.86× | -6.52× |
| 过去12个月自由现金流最近4个季度 | $1.3B | $-642.3M |
8季度趋势，按日历期对齐
经营现金流CEGSWK
| Q1 26 | — | $-388.8M | ||
| Q4 25 | $805.0M | — | ||
| Q3 25 | $1.8B | $221.2M | ||
| Q2 25 | $1.5B | $214.3M | ||
| Q1 25 | $107.0M | $-420.0M | ||
| Q4 24 | $-1.0B | $679.1M | ||
| Q3 24 | $-112.0M | $285.8M | ||
| Q2 24 | $-613.0M | $573.0M |
自由现金流CEGSWK
| Q1 26 | — | $-447.3M | ||
| Q4 25 | $-181.0M | — | ||
| Q3 25 | $1.5B | $155.3M | ||
| Q2 25 | $710.0M | $134.7M | ||
| Q1 25 | $-699.0M | $-485.0M | ||
| Q4 24 | $-1.7B | $564.6M | ||
| Q3 24 | $-664.0M | $199.3M | ||
| Q2 24 | $-1.2B | $485.8M |
自由现金流率CEGSWK
| Q1 26 | — | -11.6% | ||
| Q4 25 | -3.2% | — | ||
| Q3 25 | 25.6% | 4.1% | ||
| Q2 25 | 13.8% | 3.4% | ||
| Q1 25 | -11.4% | -13.0% | ||
| Q4 24 | -38.6% | 15.2% | ||
| Q3 24 | -13.9% | 5.3% | ||
| Q2 24 | -26.3% | 12.1% |
资本支出强度CEGSWK
| Q1 26 | — | — | ||
| Q4 25 | 17.3% | — | ||
| Q3 25 | 6.8% | 1.8% | ||
| Q2 25 | 14.9% | 2.0% | ||
| Q1 25 | 13.2% | 1.7% | ||
| Q4 24 | 16.1% | 3.1% | ||
| Q3 24 | 11.6% | 2.3% | ||
| Q2 24 | 12.4% | 2.2% |
现金转化率CEGSWK
| Q1 26 | — | -6.52× | ||
| Q4 25 | 1.86× | — | ||
| Q3 25 | 1.99× | 4.30× | ||
| Q2 25 | 1.76× | 2.10× | ||
| Q1 25 | 0.91× | -4.65× | ||
| Q4 24 | -1.19× | 3.48× | ||
| Q3 24 | -0.09× | 3.14× | ||
| Q2 24 | -0.75× | — |
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
CEG
| Constellation Mid Atlantic | $1.6B | 29% |
| Constellation Midwest | $1.3B | 23% |
| Constellation Other Regions | $1.1B | 20% |
| Other | $660.0M | 12% |
| Constellation New York | $618.0M | 11% |
| Constellation ERCOT | $292.0M | 5% |
SWK
暂无分部数据
