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CenterPoint Energy（CNP）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
CenterPoint Energy的季度营收约是美泰的2.8倍（$2.4B vs $862.2M），CenterPoint Energy净利率更高（10.8% vs 7.1%，领先3.8%），CenterPoint Energy同比增速更快（10.7% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-707.0M），过去两年CenterPoint Energy的营收复合增速更高（-3.1% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
CNP vs MAT — 直观对比
营收规模更大
CNP
是对方的2.8倍
$862.2M
营收增速更快
CNP
高出6.4%
4.3%
净利率更高
CNP
高出3.8%
7.1%
自由现金流更多
MAT
多$618.9M
$-707.0M
两年增速更快
CNP
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $862.2M |
| 净利润 | $264.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 22.2% | — |
| 净利率 | 10.8% | 7.1% |
| 营收同比 | 10.7% | 4.3% |
| 净利润同比 | 6.5% | 251.4% |
| 每股收益（稀释后） | $0.40 | $0.20 |
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CNPMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $2.4B | $1.8B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | $3.0B | $826.6M | ||
| Q4 24 | $2.2B | $1.6B | ||
| Q3 24 | $1.8B | $1.8B | ||
| Q2 24 | $1.9B | $1.1B |
净利润CNPMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $264.0M | $106.2M | ||
| Q3 25 | $293.0M | $278.4M | ||
| Q2 25 | $198.0M | $53.4M | ||
| Q1 25 | $297.0M | $-40.3M | ||
| Q4 24 | $248.0M | $140.9M | ||
| Q3 24 | $193.0M | $372.4M | ||
| Q2 24 | $228.0M | $56.9M |
毛利率CNPMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | 99.9% | 50.0% | ||
| Q2 25 | 99.9% | 50.9% | ||
| Q1 25 | 100.0% | 49.4% | ||
| Q4 24 | 100.0% | 50.7% | ||
| Q3 24 | 99.9% | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率CNPMAT
| Q1 26 | — | — | ||
| Q4 25 | 22.2% | 8.0% | ||
| Q3 25 | 25.2% | 21.9% | ||
| Q2 25 | 21.4% | 7.7% | ||
| Q1 25 | 22.0% | -6.4% | ||
| Q4 24 | 21.9% | 9.6% | ||
| Q3 24 | 22.9% | 26.5% | ||
| Q2 24 | 24.5% | 7.7% |
净利率CNPMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 10.8% | 6.0% | ||
| Q3 25 | 14.7% | 16.0% | ||
| Q2 25 | 10.1% | 5.2% | ||
| Q1 25 | 10.0% | -4.9% | ||
| Q4 24 | 11.3% | 8.6% | ||
| Q3 24 | 10.4% | 20.2% | ||
| Q2 24 | 12.0% | 5.3% |
每股收益（稀释后）CNPMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.40 | $0.32 | ||
| Q3 25 | $0.45 | $0.88 | ||
| Q2 25 | $0.30 | $0.16 | ||
| Q1 25 | $0.45 | $-0.12 | ||
| Q4 24 | $0.37 | $0.40 | ||
| Q3 24 | $0.30 | $1.09 | ||
| Q2 24 | $0.36 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | $20.6B | $2.3B |
| 股东权益账面价值 | $11.2B | $2.1B |
| 总资产 | $46.5B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.84× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资CNPMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $548.0M | $1.2B | ||
| Q3 25 | $616.0M | $691.9M | ||
| Q2 25 | $776.0M | $870.5M | ||
| Q1 25 | $1.9B | $1.2B | ||
| Q4 24 | $585.0M | $1.4B | ||
| Q3 24 | $643.0M | $723.5M | ||
| Q2 24 | $543.0M | $722.4M |
总债务CNPMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $20.6B | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $20.4B | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益CNPMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $11.2B | $2.2B | ||
| Q3 25 | $11.0B | $2.3B | ||
| Q2 25 | $11.0B | $2.2B | ||
| Q1 25 | $11.0B | $2.1B | ||
| Q4 24 | $10.7B | $2.3B | ||
| Q3 24 | $10.5B | $2.3B | ||
| Q2 24 | $10.4B | $2.0B |
总资产CNPMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $46.5B | $6.6B | ||
| Q3 25 | $45.0B | $6.6B | ||
| Q2 25 | $44.1B | $6.2B | ||
| Q1 25 | $44.5B | $6.2B | ||
| Q4 24 | $43.8B | $6.5B | ||
| Q3 24 | $42.9B | $6.5B | ||
| Q2 24 | $41.0B | $5.9B |
负债/权益比CNPMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 1.84× | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | 1.91× | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-707.0M | $-88.1M |
| 自由现金流率自由现金流/营收 | -29.0% | -10.2% |
| 资本支出强度资本支出/营收 | 60.7% | 7.6% |
| 现金转化率经营现金流/净利润 | 2.93× | — |
| 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CNPMAT
| Q1 26 | — | — | ||
| Q4 25 | $774.0M | $796.6M | ||
| Q3 25 | $742.0M | $72.0M | ||
| Q2 25 | $560.0M | $-300.1M | ||
| Q1 25 | $410.0M | $24.8M | ||
| Q4 24 | $889.0M | $862.1M | ||
| Q3 24 | $136.0M | $155.8M | ||
| Q2 24 | $576.0M | $-252.9M |
自由现金流CNPMAT
| Q1 26 | — | $-88.1M | ||
| 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 | — |
自由现金流率CNPMAT
| Q1 26 | — | -10.2% | ||
| 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% | — |
资本支出强度CNPMAT
| Q1 26 | — | 7.6% | ||
| 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% | — |
现金转化率CNPMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.93× | 7.50× | ||
| Q3 25 | 2.53× | 0.26× | ||
| Q2 25 | 2.83× | -5.62× | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | 3.58× | 6.12× | ||
| Q3 24 | 0.70× | 0.42× | ||
| Q2 24 | 2.53× | -4.45× |
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% |
MAT
暂无分部数据
