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CMS Energy（CMS）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是CMS Energy的1.1倍（$2.3B vs $2.1B），CMS Energy净利率更高（13.5% vs 1.9%，领先11.7%），CMS Energy同比增速更快（13.0% vs 0.2%），过去两年CMS Energy的营收复合增速更高（-0.2% vs -9.8%）
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。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
CMS vs OSK — 直观对比
营收规模更大
OSK
是对方的1.1倍
$2.1B
营收增速更快
CMS
高出12.8%
0.2%
净利率更高
CMS
高出11.7%
1.9%
两年增速更快
CMS
近两年复合增速
-9.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.3B |
| 净利润 | $289.0M | $43.1M |
| 毛利率 | — | 13.5% |
| 营业利润率 | 20.4% | 3.5% |
| 净利率 | 13.5% | 1.9% |
| 营收同比 | 13.0% | 0.2% |
| 净利润同比 | 9.1% | -61.6% |
| 每股收益（稀释后） | $0.94 | $0.68 |
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CMSOSK
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $2.0B | $2.7B | ||
| Q2 25 | $1.8B | $2.7B | ||
| Q1 25 | $2.4B | $2.3B | ||
| Q4 24 | $1.9B | $2.6B | ||
| Q3 24 | $1.7B | $2.7B | ||
| Q2 24 | $1.6B | $2.8B |
净利润CMSOSK
| Q1 26 | — | $43.1M | ||
| Q4 25 | $289.0M | $133.8M | ||
| Q3 25 | $277.0M | $196.2M | ||
| Q2 25 | $201.0M | $204.8M | ||
| Q1 25 | $304.0M | $112.2M | ||
| Q4 24 | $265.0M | $153.1M | ||
| Q3 24 | $253.0M | $180.3M | ||
| Q2 24 | $198.0M | $168.6M |
毛利率CMSOSK
| Q1 26 | — | 13.5% | ||
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 19.2% |
营业利润率CMSOSK
| Q1 26 | — | 3.5% | ||
| Q4 25 | 20.4% | 7.9% | ||
| Q3 25 | 24.4% | 9.7% | ||
| Q2 25 | 17.6% | 10.7% | ||
| Q1 25 | 20.6% | 7.6% | ||
| Q4 24 | 22.5% | 8.6% | ||
| Q3 24 | 21.4% | 9.7% | ||
| Q2 24 | 18.0% | 9.2% |
净利率CMSOSK
| Q1 26 | — | 1.9% | ||
| Q4 25 | 13.5% | 5.0% | ||
| Q3 25 | 14.0% | 7.3% | ||
| Q2 25 | 11.2% | 7.5% | ||
| Q1 25 | 12.7% | 4.9% | ||
| Q4 24 | 14.0% | 5.9% | ||
| Q3 24 | 14.8% | 6.6% | ||
| Q2 24 | 12.6% | 5.9% |
每股收益（稀释后）CMSOSK
| Q1 26 | — | $0.68 | ||
| Q4 25 | $0.94 | — | ||
| Q3 25 | $0.92 | — | ||
| Q2 25 | $0.66 | — | ||
| Q1 25 | $1.01 | — | ||
| Q4 24 | $0.88 | — | ||
| Q3 24 | $0.84 | — | ||
| Q2 24 | $0.65 | — |
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 | $250.3M |
| 总债务越低越好 | — | $600.6M |
| 股东权益账面价值 | $9.1B | — |
| 总资产 | $39.9B | $10.0B |
| 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CMSOSK
| Q1 26 | — | $250.3M | ||
| Q4 25 | $509.0M | $479.8M | ||
| Q3 25 | $362.0M | $211.8M | ||
| Q2 25 | $844.0M | $191.7M | ||
| Q1 25 | $465.0M | $210.3M | ||
| Q4 24 | $103.0M | $204.9M | ||
| Q3 24 | $412.0M | $160.9M | ||
| Q2 24 | $699.0M | $141.4M |
总债务CMSOSK
| Q1 26 | — | $600.6M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $602.3M | ||
| Q2 24 | — | $599.1M |
股东权益CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | $9.1B | $4.5B | ||
| Q3 25 | $8.9B | $4.5B | ||
| Q2 25 | $8.4B | $4.5B | ||
| Q1 25 | $8.3B | $4.2B | ||
| Q4 24 | $8.2B | $4.2B | ||
| Q3 24 | $8.1B | $4.1B | ||
| Q2 24 | $8.0B | $3.9B |
总资产CMSOSK
| Q1 26 | — | $10.0B | ||
| Q4 25 | $39.9B | $10.1B | ||
| Q3 25 | $38.0B | $9.8B | ||
| Q2 25 | $37.7B | $10.0B | ||
| Q1 25 | $36.3B | $9.8B | ||
| Q4 24 | $35.9B | $9.4B | ||
| Q3 24 | $34.8B | $9.9B | ||
| Q2 24 | $34.4B | $9.7B |
负债/权益比CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.15× |
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 | — |
| 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 | 1.65× | — |
| 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CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | $478.0M | $600.1M | ||
| Q3 25 | $343.0M | $489.0M | ||
| Q2 25 | $414.0M | $89.2M | ||
| Q1 25 | $1.0B | $-394.9M | ||
| Q4 24 | $403.0M | $790.8M | ||
| Q3 24 | $304.0M | $326.1M | ||
| Q2 24 | $707.0M | $-211.0M |
自由现金流CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | — | $540.3M | ||
| Q3 25 | $-635.0M | $464.3M | ||
| Q2 25 | $-470.0M | $48.6M | ||
| Q1 25 | $112.0M | $-435.2M | ||
| Q4 24 | — | $703.3M | ||
| Q3 24 | $-502.0M | $272.2M | ||
| Q2 24 | $26.0M | $-250.5M |
自由现金流率CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | — | 20.1% | ||
| Q3 25 | -32.2% | 17.3% | ||
| Q2 25 | -26.1% | 1.8% | ||
| Q1 25 | 4.7% | -18.8% | ||
| Q4 24 | — | 27.1% | ||
| Q3 24 | -29.3% | 9.9% | ||
| Q2 24 | 1.6% | -8.8% |
资本支出强度CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | 49.5% | 0.9% | ||
| Q2 25 | 49.2% | 1.5% | ||
| Q1 25 | 37.0% | 1.7% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | 47.1% | 2.0% | ||
| Q2 24 | 43.2% | 1.4% |
现金转化率CMSOSK
| Q1 26 | — | — | ||
| Q4 25 | 1.65× | 4.49× | ||
| Q3 25 | 1.24× | 2.49× | ||
| Q2 25 | 2.06× | 0.44× | ||
| Q1 25 | 3.29× | -3.52× | ||
| Q4 24 | 1.52× | 5.17× | ||
| Q3 24 | 1.20× | 1.81× | ||
| Q2 24 | 3.57× | -1.25× |
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% |
OSK
暂无分部数据
