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CenterPoint Energy（CNP）与United Rentals（URI）财务数据对比。点击上方公司名可切换其他公司
United Rentals的季度营收约是CenterPoint Energy的1.6倍（$4.0B vs $2.4B），United Rentals净利率更高（13.3% vs 10.8%，领先2.5%），CenterPoint Energy同比增速更快（10.7% vs 7.2%），United Rentals自由现金流更多（$1.1B vs $-707.0M），过去两年United Rentals的营收复合增速更高（114.0% 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。
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
CNP vs URI — 直观对比
营收规模更大
URI
是对方的1.6倍
$2.4B
营收增速更快
CNP
高出3.5%
7.2%
净利率更高
URI
高出2.5%
10.8%
自由现金流更多
URI
多$1.8B
$-707.0M
两年增速更快
URI
近两年复合增速
-3.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.4B | $4.0B |
| 净利润 | $264.0M | $531.0M |
| 毛利率 | — | 36.9% |
| 营业利润率 | 22.2% | 21.8% |
| 净利率 | 10.8% | 13.3% |
| 营收同比 | 10.7% | 7.2% |
| 净利润同比 | 6.5% | 2.5% |
| 每股收益（稀释后） | $0.40 | $8.43 |
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CNPURI
| Q1 26 | — | $4.0B | ||
| Q4 25 | $2.4B | $992.0M | ||
| Q3 25 | $2.0B | $938.0M | ||
| Q2 25 | $2.0B | $872.0M | ||
| Q1 25 | $3.0B | $893.0M | ||
| Q4 24 | $2.2B | $1.0B | ||
| Q3 24 | $1.8B | $874.0M | ||
| Q2 24 | $1.9B | $870.0M |
净利润CNPURI
| Q1 26 | — | $531.0M | ||
| Q4 25 | $264.0M | $653.0M | ||
| Q3 25 | $293.0M | $701.0M | ||
| Q2 25 | $198.0M | $622.0M | ||
| Q1 25 | $297.0M | $518.0M | ||
| Q4 24 | $248.0M | $689.0M | ||
| Q3 24 | $193.0M | $708.0M | ||
| Q2 24 | $228.0M | $636.0M |
毛利率CNPURI
| Q1 26 | — | 36.9% | ||
| Q4 25 | — | — | ||
| Q3 25 | 99.9% | — | ||
| Q2 25 | 99.9% | — | ||
| Q1 25 | 100.0% | — | ||
| Q4 24 | 100.0% | — | ||
| Q3 24 | 99.9% | — | ||
| Q2 24 | — | — |
营业利润率CNPURI
| Q1 26 | — | 21.8% | ||
| Q4 25 | 22.2% | — | ||
| Q3 25 | 25.2% | — | ||
| Q2 25 | 21.4% | — | ||
| Q1 25 | 22.0% | 90.0% | ||
| Q4 24 | 21.9% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 24.5% | — |
净利率CNPURI
| Q1 26 | — | 13.3% | ||
| Q4 25 | 10.8% | 65.8% | ||
| Q3 25 | 14.7% | 74.7% | ||
| Q2 25 | 10.1% | 71.3% | ||
| Q1 25 | 10.0% | 58.0% | ||
| Q4 24 | 11.3% | 67.6% | ||
| Q3 24 | 10.4% | 81.0% | ||
| Q2 24 | 12.0% | 73.1% |
每股收益（稀释后）CNPURI
| Q1 26 | — | $8.43 | ||
| Q4 25 | $0.40 | $10.20 | ||
| Q3 25 | $0.45 | $10.91 | ||
| Q2 25 | $0.30 | $9.59 | ||
| Q1 25 | $0.45 | $7.91 | ||
| Q4 24 | $0.37 | $10.41 | ||
| Q3 24 | $0.30 | $10.70 | ||
| Q2 24 | $0.36 | $9.54 |
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 | $156.0M |
| 总债务越低越好 | $20.6B | $13.9B |
| 股东权益账面价值 | $11.2B | $9.0B |
| 总资产 | $46.5B | $29.9B |
| 负债/权益比越低杠杆越低 | 1.84× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资CNPURI
| Q1 26 | — | $156.0M | ||
| Q4 25 | $548.0M | $459.0M | ||
| Q3 25 | $616.0M | $512.0M | ||
| Q2 25 | $776.0M | $548.0M | ||
| Q1 25 | $1.9B | $542.0M | ||
| Q4 24 | $585.0M | $457.0M | ||
| Q3 24 | $643.0M | $479.0M | ||
| Q2 24 | $543.0M | $467.0M |
总债务CNPURI
| Q1 26 | — | $13.9B | ||
| Q4 25 | $20.6B | $12.7B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | $20.4B | $12.2B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.5B |
股东权益CNPURI
| Q1 26 | — | $9.0B | ||
| Q4 25 | $11.2B | $9.0B | ||
| Q3 25 | $11.0B | $9.0B | ||
| Q2 25 | $11.0B | $9.0B | ||
| Q1 25 | $11.0B | $8.8B | ||
| Q4 24 | $10.7B | $8.6B | ||
| Q3 24 | $10.5B | $8.6B | ||
| Q2 24 | $10.4B | $8.3B |
总资产CNPURI
| Q1 26 | — | $29.9B | ||
| Q4 25 | $46.5B | $29.9B | ||
| Q3 25 | $45.0B | $30.1B | ||
| Q2 25 | $44.1B | $29.2B | ||
| Q1 25 | $44.5B | $28.1B | ||
| Q4 24 | $43.8B | $28.2B | ||
| Q3 24 | $42.9B | $28.4B | ||
| Q2 24 | $41.0B | $27.6B |
负债/权益比CNPURI
| Q1 26 | — | 1.55× | ||
| Q4 25 | 1.84× | 1.41× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.34× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | 1.91× | 1.42× | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | 1.39× |
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 | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $-707.0M | $1.1B |
| 自由现金流率自由现金流/营收 | -29.0% | 26.4% |
| 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× | 2.85× |
| 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CNPURI
| Q1 26 | — | $1.5B | ||
| Q4 25 | $774.0M | $1.3B | ||
| Q3 25 | $742.0M | $1.2B | ||
| Q2 25 | $560.0M | $1.3B | ||
| Q1 25 | $410.0M | $1.4B | ||
| Q4 24 | $889.0M | $1.0B | ||
| Q3 24 | $136.0M | $1.2B | ||
| Q2 24 | $576.0M | $1.3B |
自由现金流CNPURI
| Q1 26 | — | $1.1B | ||
| Q4 25 | $-707.0M | — | ||
| Q3 25 | $-480.0M | — | ||
| Q2 25 | $-569.0M | — | ||
| Q1 25 | $-628.0M | — | ||
| Q4 24 | $-1.1B | $471.0M | ||
| Q3 24 | $-708.0M | $-168.0M | ||
| Q2 24 | $-236.0M | $-263.0M |
自由现金流率CNPURI
| Q1 26 | — | 26.4% | ||
| Q4 25 | -29.0% | — | ||
| Q3 25 | -24.1% | — | ||
| Q2 25 | -29.1% | — | ||
| Q1 25 | -21.2% | — | ||
| Q4 24 | -51.0% | 46.2% | ||
| Q3 24 | -38.3% | -19.2% | ||
| Q2 24 | -12.4% | -30.2% |
资本支出强度CNPURI
| Q1 26 | — | — | ||
| Q4 25 | 60.7% | — | ||
| Q3 25 | 61.4% | — | ||
| Q2 25 | 57.8% | — | ||
| Q1 25 | 35.1% | — | ||
| Q4 24 | 91.3% | 56.6% | ||
| Q3 24 | 45.6% | 157.0% | ||
| Q2 24 | 42.6% | 175.6% |
现金转化率CNPURI
| Q1 26 | — | 2.85× | ||
| Q4 25 | 2.93× | 1.92× | ||
| Q3 25 | 2.53× | 1.68× | ||
| Q2 25 | 2.83× | 2.14× | ||
| Q1 25 | 1.38× | 2.75× | ||
| Q4 24 | 3.58× | 1.52× | ||
| Q3 24 | 0.70× | 1.70× | ||
| Q2 24 | 2.53× | 1.99× |
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% |
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
