vs
CenterPoint Energy（CNP）与Coterra（CTRA）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Coterra的1.4倍（$2.4B vs $1.8B），Coterra净利率更高（20.6% vs 10.8%，领先9.7%），Coterra同比增速更快（23.8% vs 10.7%），过去两年Coterra的营收复合增速更高（11.8% 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。
Coterra Energy Inc.是总部位于美国得克萨斯州休斯敦的能源企业，核心业务为油气勘探开发，运营布局覆盖二叠纪盆地、马塞勒斯页岩区及阿纳达科盆地等北美核心油气产区，具备成熟的勘探开发技术与丰富的项目运营经验。
CNP vs CTRA — 直观对比
营收规模更大
CNP
是对方的1.4倍
$1.8B
营收增速更快
CTRA
高出13.1%
10.7%
净利率更高
CTRA
高出9.7%
10.8%
两年增速更快
CTRA
近两年复合增速
-3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.8B |
| 净利润 | $264.0M | $368.0M |
| 毛利率 | — | — |
| 营业利润率 | 22.2% | 31.9% |
| 净利率 | 10.8% | 20.6% |
| 营收同比 | 10.7% | 23.8% |
| 净利润同比 | 6.5% | 23.9% |
| 每股收益（稀释后） | $0.40 | $0.47 |
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CNPCTRA
| Q4 25 | $2.4B | $1.8B | ||
| Q3 25 | $2.0B | $1.8B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $3.0B | $2.0B | ||
| Q4 24 | $2.2B | $1.4B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $2.6B | $1.4B |
净利润CNPCTRA
| Q4 25 | $264.0M | $368.0M | ||
| Q3 25 | $293.0M | $322.0M | ||
| Q2 25 | $198.0M | $511.0M | ||
| Q1 25 | $297.0M | $516.0M | ||
| Q4 24 | $248.0M | $297.0M | ||
| Q3 24 | $193.0M | $252.0M | ||
| Q2 24 | $228.0M | $220.0M | ||
| Q1 24 | $350.0M | $352.0M |
毛利率CNPCTRA
| Q4 25 | — | — | ||
| Q3 25 | 99.9% | — | ||
| Q2 25 | 99.9% | — | ||
| Q1 25 | 100.0% | — | ||
| Q4 24 | 100.0% | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 100.0% | — |
营业利润率CNPCTRA
| Q4 25 | 22.2% | 31.9% | ||
| Q3 25 | 25.2% | 26.8% | ||
| Q2 25 | 21.4% | 40.9% | ||
| Q1 25 | 22.0% | 34.8% | ||
| Q4 24 | 21.9% | 22.5% | ||
| Q3 24 | 22.9% | 25.3% | ||
| Q2 24 | 24.5% | 23.0% | ||
| Q1 24 | 23.7% | 30.7% |
净利率CNPCTRA
| Q4 25 | 10.8% | 20.6% | ||
| Q3 25 | 14.7% | 18.3% | ||
| Q2 25 | 10.1% | 29.5% | ||
| Q1 25 | 10.0% | 25.6% | ||
| Q4 24 | 11.3% | 20.5% | ||
| Q3 24 | 10.4% | 19.5% | ||
| Q2 24 | 12.0% | 17.1% | ||
| Q1 24 | 13.5% | 24.6% |
每股收益（稀释后）CNPCTRA
| Q4 25 | $0.40 | $0.47 | ||
| Q3 25 | $0.45 | $0.42 | ||
| Q2 25 | $0.30 | $0.67 | ||
| Q1 25 | $0.45 | $0.68 | ||
| Q4 24 | $0.37 | $0.40 | ||
| Q3 24 | $0.30 | $0.34 | ||
| Q2 24 | $0.36 | $0.29 | ||
| Q1 24 | $0.55 | $0.47 |
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 | $114.0M |
| 总债务越低越好 | $20.6B | $3.8B |
| 股东权益账面价值 | $11.2B | $14.8B |
| 总资产 | $46.5B | $24.2B |
| 负债/权益比越低杠杆越低 | 1.84× | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资CNPCTRA
| Q4 25 | $548.0M | $114.0M | ||
| Q3 25 | $616.0M | $98.0M | ||
| Q2 25 | $776.0M | $192.0M | ||
| Q1 25 | $1.9B | $186.0M | ||
| Q4 24 | $585.0M | $2.0B | ||
| Q3 24 | $643.0M | $843.0M | ||
| Q2 24 | $543.0M | $1.3B | ||
| Q1 24 | $619.0M | $1.5B |
总债务CNPCTRA
| Q4 25 | $20.6B | $3.8B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | $20.4B | $3.5B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.7B |
股东权益CNPCTRA
| Q4 25 | $11.2B | $14.8B | ||
| Q3 25 | $11.0B | $14.7B | ||
| Q2 25 | $11.0B | $14.6B | ||
| Q1 25 | $11.0B | $14.2B | ||
| Q4 24 | $10.7B | $13.1B | ||
| Q3 24 | $10.5B | $13.0B | ||
| Q2 24 | $10.4B | $13.0B | ||
| Q1 24 | $10.0B | $13.1B |
总资产CNPCTRA
| Q4 25 | $46.5B | $24.2B | ||
| Q3 25 | $45.0B | $24.0B | ||
| Q2 25 | $44.1B | $24.0B | ||
| Q1 25 | $44.5B | $24.0B | ||
| Q4 24 | $43.8B | $21.6B | ||
| Q3 24 | $42.9B | $20.1B | ||
| Q2 24 | $41.0B | $20.8B | ||
| Q1 24 | $40.2B | $21.0B |
负债/权益比CNPCTRA
| Q4 25 | 1.84× | 0.26× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | 1.91× | 0.27× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | 0.20× |
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 | $970.0M |
| 自由现金流经营现金流 - 资本支出 | $-707.0M | — |
| 自由现金流率自由现金流/营收 | -29.0% | — |
| 资本支出强度资本支出/营收 | 60.7% | — |
| 现金转化率经营现金流/净利润 | 2.93× | 2.64× |
| 过去12个月自由现金流最近4个季度 | $-2.4B | — |
8季度趋势，按日历期对齐
经营现金流CNPCTRA
| Q4 25 | $774.0M | $970.0M | ||
| Q3 25 | $742.0M | $971.0M | ||
| Q2 25 | $560.0M | $936.0M | ||
| Q1 25 | $410.0M | $1.1B | ||
| Q4 24 | $889.0M | $626.0M | ||
| Q3 24 | $136.0M | $755.0M | ||
| Q2 24 | $576.0M | $558.0M | ||
| Q1 24 | $538.0M | $856.0M |
自由现金流CNPCTRA
| Q4 25 | $-707.0M | — | ||
| Q3 25 | $-480.0M | — | ||
| Q2 25 | $-569.0M | — | ||
| Q1 25 | $-628.0M | — | ||
| Q4 24 | $-1.1B | — | ||
| Q3 24 | $-708.0M | — | ||
| Q2 24 | $-236.0M | — | ||
| Q1 24 | $-307.0M | — |
自由现金流率CNPCTRA
| Q4 25 | -29.0% | — | ||
| Q3 25 | -24.1% | — | ||
| Q2 25 | -29.1% | — | ||
| Q1 25 | -21.2% | — | ||
| Q4 24 | -51.0% | — | ||
| Q3 24 | -38.3% | — | ||
| Q2 24 | -12.4% | — | ||
| Q1 24 | -11.8% | — |
资本支出强度CNPCTRA
| Q4 25 | 60.7% | — | ||
| Q3 25 | 61.4% | — | ||
| Q2 25 | 57.8% | — | ||
| Q1 25 | 35.1% | — | ||
| Q4 24 | 91.3% | — | ||
| Q3 24 | 45.6% | — | ||
| Q2 24 | 42.6% | — | ||
| Q1 24 | 32.6% | — |
现金转化率CNPCTRA
| Q4 25 | 2.93× | 2.64× | ||
| Q3 25 | 2.53× | 3.02× | ||
| Q2 25 | 2.83× | 1.83× | ||
| Q1 25 | 1.38× | 2.22× | ||
| Q4 24 | 3.58× | 2.11× | ||
| Q3 24 | 0.70× | 3.00× | ||
| Q2 24 | 2.53× | 2.54× | ||
| Q1 24 | 1.54× | 2.43× |
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% |
CTRA
| Oil And Condensate | $941.0M | 53% |
| Natural Gas Production | $615.0M | 34% |
| Natural Gas Liquids Reserves | $206.0M | 12% |
| Other Revenues | $28.0M | 2% |
