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CMS Energy（CMS）与都乐（DOLE）财务数据对比。点击上方公司名可切换其他公司
都乐的季度营收约是CMS Energy的1.1倍（$2.3B vs $2.1B），CMS Energy净利率更高（13.5% vs 0.2%，领先13.3%），CMS Energy同比增速更快（13.0% vs 10.5%），过去两年都乐的营收复合增速更高（3.2% vs -0.2%）
CMS Energy是总部位于美国密歇根州杰克逊市的能源企业，业务核心聚焦密歇根州公用事业运营。旗下核心主体Consumers Energy成立于1886年，为全州超600万居民提供电力及天然气服务，非公用事业板块则主要开展美国本土独立发电业务。
都乐 plc 是一家爱尔兰裔美国农业跨国企业，总部位于爱尔兰都柏林，是全球规模领先的果蔬生产商之一。公司拥有3.85万名全职及季节性员工，在75个国家供应约300种产品，2021年营收达65亿美元。
CMS vs DOLE — 直观对比
营收规模更大
DOLE
是对方的1.1倍
$2.1B
营收增速更快
CMS
高出2.5%
10.5%
净利率更高
CMS
高出13.3%
0.2%
两年增速更快
DOLE
近两年复合增速
-0.2%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.3B |
| 净利润 | $289.0M | $5.1M |
| 毛利率 | — | 6.8% |
| 营业利润率 | 20.4% | 1.1% |
| 净利率 | 13.5% | 0.2% |
| 营收同比 | 13.0% | 10.5% |
| 净利润同比 | 9.1% | -64.6% |
| 每股收益（稀释后） | $0.94 | $0.05 |
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CMSDOLE
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.0B | $2.3B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $2.4B | $2.1B | ||
| Q4 24 | $1.9B | — | ||
| Q3 24 | $1.7B | $2.1B | ||
| Q2 24 | $1.6B | $2.1B | ||
| Q1 24 | $2.1B | $2.1B |
净利润CMSDOLE
| Q4 25 | $289.0M | — | ||
| Q3 25 | $277.0M | $5.1M | ||
| Q2 25 | $201.0M | $10.0M | ||
| Q1 25 | $304.0M | $38.9M | ||
| Q4 24 | $265.0M | — | ||
| Q3 24 | $253.0M | $14.4M | ||
| Q2 24 | $198.0M | $80.1M | ||
| Q1 24 | $287.0M | $70.1M |
毛利率CMSDOLE
| Q4 25 | — | — | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 8.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | 9.2% |
营业利润率CMSDOLE
| Q4 25 | 20.4% | — | ||
| Q3 25 | 24.4% | 1.1% | ||
| Q2 25 | 17.6% | 4.3% | ||
| Q1 25 | 20.6% | 3.2% | ||
| Q4 24 | 22.5% | — | ||
| Q3 24 | 21.4% | 2.3% | ||
| Q2 24 | 18.0% | 4.0% | ||
| Q1 24 | 19.2% | 5.3% |
净利率CMSDOLE
| Q4 25 | 13.5% | — | ||
| Q3 25 | 14.0% | 0.2% | ||
| Q2 25 | 11.2% | 0.4% | ||
| Q1 25 | 12.7% | 1.9% | ||
| Q4 24 | 14.0% | — | ||
| Q3 24 | 14.8% | 0.7% | ||
| Q2 24 | 12.6% | 3.8% | ||
| Q1 24 | 13.4% | 3.3% |
每股收益（稀释后）CMSDOLE
| Q4 25 | $0.94 | — | ||
| Q3 25 | $0.92 | $0.05 | ||
| Q2 25 | $0.66 | $0.10 | ||
| Q1 25 | $1.01 | $0.41 | ||
| Q4 24 | $0.88 | — | ||
| Q3 24 | $0.84 | $0.15 | ||
| Q2 24 | $0.65 | $0.84 | ||
| Q1 24 | $0.96 | $0.74 |
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 | $509.0M | $321.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $9.1B | $1.4B |
| 总资产 | $39.9B | $4.5B |
| 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CMSDOLE
| Q4 25 | $509.0M | — | ||
| Q3 25 | $362.0M | $321.0M | ||
| Q2 25 | $844.0M | $323.1M | ||
| Q1 25 | $465.0M | $261.0M | ||
| Q4 24 | $103.0M | — | ||
| Q3 24 | $412.0M | $266.4M | ||
| Q2 24 | $699.0M | $225.8M | ||
| Q1 24 | $802.0M | $245.5M |
股东权益CMSDOLE
| Q4 25 | $9.1B | — | ||
| Q3 25 | $8.9B | $1.4B | ||
| Q2 25 | $8.4B | $1.4B | ||
| Q1 25 | $8.3B | $1.3B | ||
| Q4 24 | $8.2B | — | ||
| Q3 24 | $8.1B | $1.4B | ||
| Q2 24 | $8.0B | $1.4B | ||
| Q1 24 | $7.9B | $1.3B |
总资产CMSDOLE
| Q4 25 | $39.9B | — | ||
| Q3 25 | $38.0B | $4.5B | ||
| Q2 25 | $37.7B | $4.7B | ||
| Q1 25 | $36.3B | $4.5B | ||
| Q4 24 | $35.9B | — | ||
| Q3 24 | $34.8B | $4.5B | ||
| Q2 24 | $34.4B | $4.4B | ||
| Q1 24 | $33.9B | $4.5B |
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 | $478.0M | $87.4M |
| 自由现金流经营现金流 - 资本支出 | — | $66.5M |
| 自由现金流率自由现金流/营收 | — | 2.9% |
| 资本支出强度资本支出/营收 | — | 0.9% |
| 现金转化率经营现金流/净利润 | 1.65× | 17.12× |
| 过去12个月自由现金流最近4个季度 | — | $13.7M |
8季度趋势，按日历期对齐
经营现金流CMSDOLE
| Q4 25 | $478.0M | — | ||
| Q3 25 | $343.0M | $87.4M | ||
| Q2 25 | $414.0M | $18.3M | ||
| Q1 25 | $1.0B | $-78.8M | ||
| Q4 24 | $403.0M | — | ||
| Q3 24 | $304.0M | $101.0M | ||
| Q2 24 | $707.0M | $40.2M | ||
| Q1 24 | $956.0M | $-35.0M |
自由现金流CMSDOLE
| Q4 25 | — | — | ||
| Q3 25 | $-635.0M | $66.5M | ||
| Q2 25 | $-470.0M | $-1.0M | ||
| Q1 25 | $112.0M | $-131.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-502.0M | $79.9M | ||
| Q2 24 | $26.0M | $22.8M | ||
| Q1 24 | $343.0M | $-53.2M |
自由现金流率CMSDOLE
| Q4 25 | — | — | ||
| Q3 25 | -32.2% | 2.9% | ||
| Q2 25 | -26.1% | -0.0% | ||
| Q1 25 | 4.7% | -6.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | -29.3% | 3.9% | ||
| Q2 24 | 1.6% | 1.1% | ||
| Q1 24 | 16.0% | -2.5% |
资本支出强度CMSDOLE
| Q4 25 | — | — | ||
| Q3 25 | 49.5% | 0.9% | ||
| Q2 25 | 49.2% | 0.8% | ||
| Q1 25 | 37.0% | 2.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 47.1% | 1.0% | ||
| Q2 24 | 43.2% | 0.8% | ||
| Q1 24 | 28.6% | 0.9% |
现金转化率CMSDOLE
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.24× | 17.12× | ||
| Q2 25 | 2.06× | 1.84× | ||
| Q1 25 | 3.29× | -2.02× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.20× | 7.01× | ||
| Q2 24 | 3.57× | 0.50× | ||
| Q1 24 | 3.33× | -0.50× |
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
CMS
| Electric Utility | $1.3B | 59% |
| Gas Utility | $803.0M | 38% |
| North Star Clean Energy | $77.0M | 4% |
DOLE
暂无分部数据
