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CenterPoint Energy（CNP）与罗技（LOGI）财务数据对比。点击上方公司名可切换其他公司
CenterPoint Energy的季度营收约是罗技的1.7倍（$2.4B vs $1.4B），罗技净利率更高（17.7% vs 10.8%，领先6.8%），CenterPoint Energy同比增速更快（10.7% vs 6.1%），罗技自由现金流更多（$465.6M vs $-707.0M），过去两年罗技的营收复合增速更高（18.5% 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。
罗技国际是总部位于瑞士洛桑的跨国企业，专注于计算机外设及相关软件的研发与生产，在欧洲、亚洲、大洋洲、美洲均设有分支机构，为瑞士市场指数成分股，同时在纳斯达克交易所挂牌上市。
CNP vs LOGI — 直观对比
营收规模更大
CNP
是对方的1.7倍
$1.4B
营收增速更快
CNP
高出4.6%
6.1%
净利率更高
LOGI
高出6.8%
10.8%
自由现金流更多
LOGI
多$1.2B
$-707.0M
两年增速更快
LOGI
近两年复合增速
-3.1%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $1.4B |
| 净利润 | $264.0M | $251.0M |
| 毛利率 | — | 43.2% |
| 营业利润率 | 22.2% | 20.1% |
| 净利率 | 10.8% | 17.7% |
| 营收同比 | 10.7% | 6.1% |
| 净利润同比 | 6.5% | 25.4% |
| 每股收益（稀释后） | $0.40 | $1.69 |
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CNPLOGI
| Q4 25 | $2.4B | $1.4B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.0B | $1.1B | ||
| Q1 25 | $3.0B | $1.0B | ||
| Q4 24 | $2.2B | $1.3B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $2.6B | $1.0B |
净利润CNPLOGI
| Q4 25 | $264.0M | $251.0M | ||
| Q3 25 | $293.0M | $170.7M | ||
| Q2 25 | $198.0M | $146.0M | ||
| Q1 25 | $297.0M | $144.1M | ||
| Q4 24 | $248.0M | $200.1M | ||
| Q3 24 | $193.0M | $145.5M | ||
| Q2 24 | $228.0M | $141.8M | ||
| Q1 24 | $350.0M | $167.6M |
毛利率CNPLOGI
| Q4 25 | — | 43.2% | ||
| Q3 25 | 99.9% | 43.4% | ||
| Q2 25 | 99.9% | 41.7% | ||
| Q1 25 | 100.0% | 43.1% | ||
| Q4 24 | 100.0% | 42.9% | ||
| Q3 24 | 99.9% | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | 100.0% | 43.2% |
营业利润率CNPLOGI
| Q4 25 | 22.2% | 20.1% | ||
| Q3 25 | 25.2% | 16.1% | ||
| Q2 25 | 21.4% | 14.1% | ||
| Q1 25 | 22.0% | 10.5% | ||
| Q4 24 | 21.9% | 17.5% | ||
| Q3 24 | 22.9% | 14.4% | ||
| Q2 24 | 24.5% | 14.1% | ||
| Q1 24 | 23.7% | 12.9% |
净利率CNPLOGI
| Q4 25 | 10.8% | 17.7% | ||
| Q3 25 | 14.7% | 14.4% | ||
| Q2 25 | 10.1% | 12.7% | ||
| Q1 25 | 10.0% | 14.3% | ||
| Q4 24 | 11.3% | 14.9% | ||
| Q3 24 | 10.4% | 13.0% | ||
| Q2 24 | 12.0% | 13.0% | ||
| Q1 24 | 13.5% | 16.6% |
每股收益（稀释后）CNPLOGI
| Q4 25 | $0.40 | $1.69 | ||
| Q3 25 | $0.45 | $1.15 | ||
| Q2 25 | $0.30 | $0.98 | ||
| Q1 25 | $0.45 | $0.94 | ||
| Q4 24 | $0.37 | $1.32 | ||
| Q3 24 | $0.30 | $0.95 | ||
| Q2 24 | $0.36 | $0.92 | ||
| Q1 24 | $0.55 | $1.07 |
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 | $548.0M | $1.8B |
| 总债务越低越好 | $20.6B | — |
| 股东权益账面价值 | $11.2B | $2.3B |
| 总资产 | $46.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 1.84× | — |
8季度趋势，按日历期对齐
现金及短期投资CNPLOGI
| Q4 25 | $548.0M | $1.8B | ||
| Q3 25 | $616.0M | $1.4B | ||
| Q2 25 | $776.0M | $1.5B | ||
| Q1 25 | $1.9B | $1.5B | ||
| Q4 24 | $585.0M | $1.5B | ||
| Q3 24 | $643.0M | $1.4B | ||
| Q2 24 | $543.0M | $1.5B | ||
| Q1 24 | $619.0M | $1.5B |
总债务CNPLOGI
| Q4 25 | $20.6B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $20.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CNPLOGI
| Q4 25 | $11.2B | $2.3B | ||
| Q3 25 | $11.0B | $2.1B | ||
| Q2 25 | $11.0B | $2.2B | ||
| Q1 25 | $11.0B | $2.1B | ||
| Q4 24 | $10.7B | $2.1B | ||
| Q3 24 | $10.5B | $2.1B | ||
| Q2 24 | $10.4B | $2.2B | ||
| Q1 24 | $10.0B | $2.2B |
总资产CNPLOGI
| Q4 25 | $46.5B | $4.1B | ||
| Q3 25 | $45.0B | $3.7B | ||
| Q2 25 | $44.1B | $3.7B | ||
| Q1 25 | $44.5B | $3.5B | ||
| Q4 24 | $43.8B | $3.7B | ||
| Q3 24 | $42.9B | $3.6B | ||
| Q2 24 | $41.0B | $3.7B | ||
| Q1 24 | $40.2B | $3.6B |
负债/权益比CNPLOGI
| Q4 25 | 1.84× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.91× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $480.5M |
| 自由现金流经营现金流 - 资本支出 | $-707.0M | $465.6M |
| 自由现金流率自由现金流/营收 | -29.0% | 32.8% |
| 资本支出强度资本支出/营收 | 60.7% | 1.0% |
| 现金转化率经营现金流/净利润 | 2.93× | 1.91× |
| 过去12个月自由现金流最近4个季度 | $-2.4B | $903.6M |
8季度趋势，按日历期对齐
经营现金流CNPLOGI
| Q4 25 | $774.0M | $480.5M | ||
| Q3 25 | $742.0M | $228.8M | ||
| Q2 25 | $560.0M | $125.0M | ||
| Q1 25 | $410.0M | $129.7M | ||
| Q4 24 | $889.0M | $370.9M | ||
| Q3 24 | $136.0M | $166.0M | ||
| Q2 24 | $576.0M | $176.0M | ||
| Q1 24 | $538.0M | $239.1M |
自由现金流CNPLOGI
| Q4 25 | $-707.0M | $465.6M | ||
| Q3 25 | $-480.0M | $212.3M | ||
| Q2 25 | $-569.0M | $108.8M | ||
| Q1 25 | $-628.0M | $116.9M | ||
| Q4 24 | $-1.1B | $356.6M | ||
| Q3 24 | $-708.0M | $151.5M | ||
| Q2 24 | $-236.0M | $161.4M | ||
| Q1 24 | $-307.0M | $228.8M |
自由现金流率CNPLOGI
| Q4 25 | -29.0% | 32.8% | ||
| Q3 25 | -24.1% | 17.9% | ||
| Q2 25 | -29.1% | 9.5% | ||
| Q1 25 | -21.2% | 11.6% | ||
| Q4 24 | -51.0% | 26.6% | ||
| Q3 24 | -38.3% | 13.6% | ||
| Q2 24 | -12.4% | 14.8% | ||
| Q1 24 | -11.8% | 22.6% |
资本支出强度CNPLOGI
| Q4 25 | 60.7% | 1.0% | ||
| Q3 25 | 61.4% | 1.4% | ||
| Q2 25 | 57.8% | 1.4% | ||
| Q1 25 | 35.1% | 1.3% | ||
| Q4 24 | 91.3% | 1.1% | ||
| Q3 24 | 45.6% | 1.3% | ||
| Q2 24 | 42.6% | 1.3% | ||
| Q1 24 | 32.6% | 1.0% |
现金转化率CNPLOGI
| Q4 25 | 2.93× | 1.91× | ||
| Q3 25 | 2.53× | 1.34× | ||
| Q2 25 | 2.83× | 0.86× | ||
| Q1 25 | 1.38× | 0.90× | ||
| Q4 24 | 3.58× | 1.85× | ||
| Q3 24 | 0.70× | 1.14× | ||
| Q2 24 | 2.53× | 1.24× | ||
| Q1 24 | 1.54× | 1.43× |
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% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
