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CenterPoint Energy（CNP）与COHERENT CORP.（COHR）财务数据对比。点击上方公司名可切换其他公司
CenterPoint Energy的季度营收约是COHERENT CORP.的1.4倍（$2.4B vs $1.7B），CenterPoint Energy净利率更高（10.8% vs 8.7%，领先2.1%），COHERENT CORP.同比增速更快（17.5% vs 10.7%），COHERENT CORP.自由现金流更多（$-95.7M vs $-707.0M），过去两年COHERENT CORP.的营收复合增速更高（18.1% vs -3.1%）
CenterPoint Energy是总部位于美国得克萨斯州休斯敦的公用事业企业，位列《财富》美国500强，为印第安纳、俄亥俄、路易斯安那、明尼苏达、密西西比、得克萨斯六州多个区域的用户提供电力及天然气公用事业服务，曾使用Reliant Energy、Houston Industries等名称开展业务。
Coherent Corp.是美国专业光学材料与半导体生产商，2023年全球员工规模达26622人。2022年原II-VI公司收购激光制造商Coherent, Inc.后更名为现名，产品广泛应用于通信、工业、医疗等众多领域。
CNP vs COHR — 直观对比
营收规模更大
CNP
是对方的1.4倍
$1.7B
营收增速更快
COHR
高出6.8%
10.7%
净利率更高
CNP
高出2.1%
8.7%
自由现金流更多
COHR
多$611.3M
$-707.0M
两年增速更快
COHR
近两年复合增速
-3.1%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.7B |
| 净利润 | $264.0M | $146.7M |
| 毛利率 | — | 36.9% |
| 营业利润率 | 22.2% | 10.0% |
| 净利率 | 10.8% | 8.7% |
| 营收同比 | 10.7% | 17.5% |
| 净利润同比 | 6.5% | 41.9% |
| 每股收益（稀释后） | $0.40 | $0.76 |
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CNPCOHR
| Q4 25 | $2.4B | $1.7B | ||
| Q3 25 | $2.0B | $1.6B | ||
| Q2 25 | $2.0B | $1.5B | ||
| Q1 25 | $3.0B | $1.5B | ||
| Q4 24 | $2.2B | $1.4B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $2.6B | $1.2B |
净利润CNPCOHR
| Q4 25 | $264.0M | $146.7M | ||
| Q3 25 | $293.0M | $226.3M | ||
| Q2 25 | $198.0M | $-95.6M | ||
| Q1 25 | $297.0M | $15.7M | ||
| Q4 24 | $248.0M | $103.4M | ||
| Q3 24 | $193.0M | $25.9M | ||
| Q2 24 | $228.0M | $-48.4M | ||
| Q1 24 | $350.0M | $-13.2M |
毛利率CNPCOHR
| Q4 25 | — | 36.9% | ||
| Q3 25 | 99.9% | 36.6% | ||
| Q2 25 | 99.9% | 35.7% | ||
| Q1 25 | 100.0% | 35.2% | ||
| Q4 24 | 100.0% | 35.5% | ||
| Q3 24 | 99.9% | 34.1% | ||
| Q2 24 | — | 32.9% | ||
| Q1 24 | 100.0% | 30.3% |
营业利润率CNPCOHR
| Q4 25 | 22.2% | 10.0% | ||
| Q3 25 | 25.2% | 13.7% | ||
| Q2 25 | 21.4% | -4.1% | ||
| Q1 25 | 22.0% | 0.7% | ||
| Q4 24 | 21.9% | 9.0% | ||
| Q3 24 | 22.9% | 1.4% | ||
| Q2 24 | 24.5% | 4.8% | ||
| Q1 24 | 23.7% | 1.8% |
净利率CNPCOHR
| Q4 25 | 10.8% | 8.7% | ||
| Q3 25 | 14.7% | 14.3% | ||
| Q2 25 | 10.1% | -6.3% | ||
| Q1 25 | 10.0% | 1.0% | ||
| Q4 24 | 11.3% | 7.2% | ||
| Q3 24 | 10.4% | 1.9% | ||
| Q2 24 | 12.0% | -3.7% | ||
| Q1 24 | 13.5% | -1.1% |
每股收益（稀释后）CNPCOHR
| Q4 25 | $0.40 | $0.76 | ||
| Q3 25 | $0.45 | $1.19 | ||
| Q2 25 | $0.30 | $-0.81 | ||
| Q1 25 | $0.45 | $-0.11 | ||
| Q4 24 | $0.37 | $0.44 | ||
| Q3 24 | $0.30 | $-0.04 | ||
| Q2 24 | $0.36 | $-0.52 | ||
| Q1 24 | $0.55 | $-0.29 |
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 | $548.0M | $863.7M |
| 总债务越低越好 | $20.6B | $3.4B |
| 股东权益账面价值 | $11.2B | $8.5B |
| 总资产 | $46.5B | $15.1B |
| 负债/权益比越低杠杆越低 | 1.84× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资CNPCOHR
| Q4 25 | $548.0M | $863.7M | ||
| Q3 25 | $616.0M | $852.8M | ||
| Q2 25 | $776.0M | $909.2M | ||
| Q1 25 | $1.9B | $890.3M | ||
| Q4 24 | $585.0M | $917.8M | ||
| Q3 24 | $643.0M | $1.0B | ||
| Q2 24 | $543.0M | $926.0M | ||
| Q1 24 | $619.0M | $898.6M |
总债务CNPCOHR
| Q4 25 | $20.6B | $3.4B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | $20.4B | $3.9B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.2B |
股东权益CNPCOHR
| Q4 25 | $11.2B | $8.5B | ||
| Q3 25 | $11.0B | $5.8B | ||
| Q2 25 | $11.0B | $5.6B | ||
| Q1 25 | $11.0B | $5.4B | ||
| Q4 24 | $10.7B | $5.2B | ||
| Q3 24 | $10.5B | $5.5B | ||
| Q2 24 | $10.4B | $5.2B | ||
| Q1 24 | $10.0B | $5.3B |
总资产CNPCOHR
| Q4 25 | $46.5B | $15.1B | ||
| Q3 25 | $45.0B | $14.7B | ||
| Q2 25 | $44.1B | $14.9B | ||
| Q1 25 | $44.5B | $14.4B | ||
| Q4 24 | $43.8B | $14.2B | ||
| Q3 24 | $42.9B | $14.7B | ||
| Q2 24 | $41.0B | $14.5B | ||
| Q1 24 | $40.2B | $14.5B |
负债/权益比CNPCOHR
| Q4 25 | 1.84× | 0.39× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.65× | ||
| Q1 25 | — | 0.70× | ||
| Q4 24 | 1.91× | 0.75× | ||
| Q3 24 | — | 0.73× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.78× |
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 | $774.0M | $57.9M |
| 自由现金流经营现金流 - 资本支出 | $-707.0M | $-95.7M |
| 自由现金流率自由现金流/营收 | -29.0% | -5.7% |
| 资本支出强度资本支出/营收 | 60.7% | 9.1% |
| 现金转化率经营现金流/净利润 | 2.93× | 0.39× |
| 过去12个月自由现金流最近4个季度 | $-2.4B | $-103.6M |
8季度趋势，按日历期对齐
经营现金流CNPCOHR
| Q4 25 | $774.0M | $57.9M | ||
| Q3 25 | $742.0M | $46.0M | ||
| Q2 25 | $560.0M | $130.3M | ||
| Q1 25 | $410.0M | $163.0M | ||
| Q4 24 | $889.0M | $187.4M | ||
| Q3 24 | $136.0M | $153.0M | ||
| Q2 24 | $576.0M | $162.3M | ||
| Q1 24 | $538.0M | $117.4M |
自由现金流CNPCOHR
| Q4 25 | $-707.0M | $-95.7M | ||
| Q3 25 | $-480.0M | $-58.0M | ||
| Q2 25 | $-569.0M | $-1.1M | ||
| Q1 25 | $-628.0M | $51.1M | ||
| Q4 24 | $-1.1B | $81.7M | ||
| Q3 24 | $-708.0M | $61.0M | ||
| Q2 24 | $-236.0M | $62.4M | ||
| Q1 24 | $-307.0M | $24.2M |
自由现金流率CNPCOHR
| Q4 25 | -29.0% | -5.7% | ||
| Q3 25 | -24.1% | -3.7% | ||
| Q2 25 | -29.1% | -0.1% | ||
| Q1 25 | -21.2% | 3.4% | ||
| Q4 24 | -51.0% | 5.7% | ||
| Q3 24 | -38.3% | 4.5% | ||
| Q2 24 | -12.4% | 4.7% | ||
| Q1 24 | -11.8% | 2.0% |
资本支出强度CNPCOHR
| Q4 25 | 60.7% | 9.1% | ||
| Q3 25 | 61.4% | 6.6% | ||
| Q2 25 | 57.8% | 8.6% | ||
| Q1 25 | 35.1% | 7.5% | ||
| Q4 24 | 91.3% | 7.4% | ||
| Q3 24 | 45.6% | 6.8% | ||
| Q2 24 | 42.6% | 7.6% | ||
| Q1 24 | 32.6% | 7.7% |
现金转化率CNPCOHR
| Q4 25 | 2.93× | 0.39× | ||
| Q3 25 | 2.53× | 0.20× | ||
| Q2 25 | 2.83× | — | ||
| Q1 25 | 1.38× | 10.37× | ||
| Q4 24 | 3.58× | 1.81× | ||
| Q3 24 | 0.70× | 5.91× | ||
| Q2 24 | 2.53× | — | ||
| Q1 24 | 1.54× | — |
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
CNP
| Electric Segment | $945.0M | 39% |
| Electric | $890.0M | 37% |
| Other | $603.0M | 25% |
COHR
| Datacenter And Communications Segment | $1.2B | 72% |
| Industrial Segment | $477.7M | 28% |
