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Coterra（CTRA）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Coterra的季度营收约是Sunrun Inc.的1.5倍（$1.8B vs $1.2B），Coterra净利率更高（20.6% vs 8.9%，领先11.6%），Sunrun Inc.同比增速更快（123.5% vs 23.8%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 11.8%）
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。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
CTRA vs RUN — 直观对比
营收规模更大
CTRA
是对方的1.5倍
$1.2B
营收增速更快
RUN
高出99.7%
23.8%
净利率更高
CTRA
高出11.6%
8.9%
两年增速更快
RUN
近两年复合增速
11.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.2B |
| 净利润 | $368.0M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | 31.9% | 8.4% |
| 净利率 | 20.6% | 8.9% |
| 营收同比 | 23.8% | 123.5% |
| 净利润同比 | 23.9% | 103.7% |
| 每股收益（稀释后） | $0.47 | $0.38 |
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CTRARUN
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.8B | $724.6M | ||
| Q2 25 | $1.7B | $569.3M | ||
| Q1 25 | $2.0B | $504.3M | ||
| Q4 24 | $1.4B | $518.5M | ||
| Q3 24 | $1.3B | $537.2M | ||
| Q2 24 | $1.3B | $523.9M | ||
| Q1 24 | $1.4B | $458.2M |
净利润CTRARUN
| Q4 25 | $368.0M | $103.6M | ||
| Q3 25 | $322.0M | $16.6M | ||
| Q2 25 | $511.0M | $279.8M | ||
| Q1 25 | $516.0M | $50.0M | ||
| Q4 24 | $297.0M | $-2.8B | ||
| Q3 24 | $252.0M | $-83.8M | ||
| Q2 24 | $220.0M | $139.1M | ||
| Q1 24 | $352.0M | $-87.8M |
营业利润率CTRARUN
| Q4 25 | 31.9% | 8.4% | ||
| Q3 25 | 26.8% | 0.5% | ||
| Q2 25 | 40.9% | -19.7% | ||
| Q1 25 | 34.8% | -22.8% | ||
| Q4 24 | 22.5% | -628.0% | ||
| Q3 24 | 25.3% | -23.8% | ||
| Q2 24 | 23.0% | -24.4% | ||
| Q1 24 | 30.7% | -40.0% |
净利率CTRARUN
| Q4 25 | 20.6% | 8.9% | ||
| Q3 25 | 18.3% | 2.3% | ||
| Q2 25 | 29.5% | 49.1% | ||
| Q1 25 | 25.6% | 9.9% | ||
| Q4 24 | 20.5% | -542.7% | ||
| Q3 24 | 19.5% | -15.6% | ||
| Q2 24 | 17.1% | 26.5% | ||
| Q1 24 | 24.6% | -19.2% |
每股收益（稀释后）CTRARUN
| Q4 25 | $0.47 | $0.38 | ||
| Q3 25 | $0.42 | $0.06 | ||
| Q2 25 | $0.67 | $1.07 | ||
| Q1 25 | $0.68 | $0.20 | ||
| Q4 24 | $0.40 | $-12.59 | ||
| Q3 24 | $0.34 | $-0.37 | ||
| Q2 24 | $0.29 | $0.55 | ||
| Q1 24 | $0.47 | $-0.40 |
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 | $114.0M | — |
| 总债务越低越好 | $3.8B | $14.7B |
| 股东权益账面价值 | $14.8B | $3.1B |
| 总资产 | $24.2B | $22.6B |
| 负债/权益比越低杠杆越低 | 0.26× | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资CTRARUN
| Q4 25 | $114.0M | — | ||
| Q3 25 | $98.0M | — | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $186.0M | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $843.0M | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.5B | — |
总债务CTRARUN
| Q4 25 | $3.8B | $14.7B | ||
| Q3 25 | $3.9B | $14.6B | ||
| Q2 25 | $4.2B | $14.0B | ||
| Q1 25 | $4.3B | $13.6B | ||
| Q4 24 | $3.5B | $12.9B | ||
| Q3 24 | $2.1B | $12.5B | ||
| Q2 24 | $2.6B | $12.0B | ||
| Q1 24 | $2.7B | $11.1B |
股东权益CTRARUN
| Q4 25 | $14.8B | $3.1B | ||
| Q3 25 | $14.7B | $3.0B | ||
| Q2 25 | $14.6B | $2.9B | ||
| Q1 25 | $14.2B | $2.6B | ||
| Q4 24 | $13.1B | $2.6B | ||
| Q3 24 | $13.0B | $5.3B | ||
| Q2 24 | $13.0B | $5.4B | ||
| Q1 24 | $13.1B | $5.2B |
总资产CTRARUN
| Q4 25 | $24.2B | $22.6B | ||
| Q3 25 | $24.0B | $22.2B | ||
| Q2 25 | $24.0B | $21.2B | ||
| Q1 25 | $24.0B | $20.4B | ||
| Q4 24 | $21.6B | $19.9B | ||
| Q3 24 | $20.1B | $22.1B | ||
| Q2 24 | $20.8B | $21.4B | ||
| Q1 24 | $21.0B | $20.8B |
负债/权益比CTRARUN
| Q4 25 | 0.26× | 4.69× | ||
| Q3 25 | 0.27× | 4.90× | ||
| Q2 25 | 0.29× | 4.80× | ||
| Q1 25 | 0.30× | 5.19× | ||
| Q4 24 | 0.27× | 5.05× | ||
| Q3 24 | 0.16× | 2.36× | ||
| Q2 24 | 0.20× | 2.23× | ||
| Q1 24 | 0.20× | 2.15× |
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 | $970.0M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.64× | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CTRARUN
| Q4 25 | $970.0M | $96.9M | ||
| Q3 25 | $971.0M | $-121.5M | ||
| Q2 25 | $936.0M | $-292.7M | ||
| Q1 25 | $1.1B | $-104.2M | ||
| Q4 24 | $626.0M | $-258.4M | ||
| Q3 24 | $755.0M | $-156.2M | ||
| Q2 24 | $558.0M | $-208.5M | ||
| Q1 24 | $856.0M | $-143.1M |
自由现金流CTRARUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-156.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率CTRARUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -29.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度CTRARUN
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率CTRARUN
| Q4 25 | 2.64× | 0.94× | ||
| Q3 25 | 3.02× | -7.33× | ||
| Q2 25 | 1.83× | -1.05× | ||
| Q1 25 | 2.22× | -2.08× | ||
| Q4 24 | 2.11× | — | ||
| Q3 24 | 3.00× | — | ||
| Q2 24 | 2.54× | -1.50× | ||
| Q1 24 | 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
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% |
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
