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CVR ENERGY INC（CVI）与滨特尔（PNR）财务数据对比。点击上方公司名可切换其他公司
CVR ENERGY INC的季度营收约是滨特尔的1.7倍（$1.8B vs $1.0B），滨特尔净利率更高（16.6% vs -6.1%，领先22.7%），滨特尔同比增速更快（2.6% vs -7.0%），过去两年CVR ENERGY INC的营收复合增速更高（-1.4% vs -2.9%）
CVR能源是总部位于美国的能源控股企业，主营石油炼制与氮肥制造两大核心业务，生产汽油、柴油、航空燃油及农用化肥等产品，主要面向北美地区的商业、工业及农业客户供货。
滨特尔（股票代码PNR）是知名水处理企业，注册地位于爱尔兰，税务居民身份归属英国，美国区总部设于明尼苏达州金谷市。品牌起源于美国，2017年数据显示其65%的营收来自美国和加拿大，2014年集团完成架构重组，注册地由瑞士变更为爱尔兰。
CVI vs PNR — 直观对比
营收规模更大
CVI
是对方的1.7倍
$1.0B
营收增速更快
PNR
高出9.6%
-7.0%
净利率更高
PNR
高出22.7%
-6.1%
两年增速更快
CVI
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.0B |
| 净利润 | $-110.0M | $172.4M |
| 毛利率 | -3.1% | 41.8% |
| 营业利润率 | -5.3% | 20.3% |
| 净利率 | -6.1% | 16.6% |
| 营收同比 | -7.0% | 2.6% |
| 净利润同比 | -492.9% | 11.3% |
| 每股收益（稀释后） | $-1.09 | — |
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CVIPNR
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $1.9B | $1.0B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.6B | $1.0B | ||
| Q4 24 | $1.9B | $972.9M | ||
| Q3 24 | $1.8B | $993.4M | ||
| Q2 24 | $2.0B | $1.1B |
净利润CVIPNR
| Q1 26 | — | $172.4M | ||
| Q4 25 | $-110.0M | $166.1M | ||
| Q3 25 | $374.0M | $184.3M | ||
| Q2 25 | $-114.0M | $148.5M | ||
| Q1 25 | $-123.0M | $154.9M | ||
| Q4 24 | $28.0M | $166.4M | ||
| Q3 24 | $-124.0M | $139.6M | ||
| Q2 24 | $21.0M | $186.1M |
毛利率CVIPNR
| Q1 26 | — | 41.8% | ||
| Q4 25 | -3.1% | 40.4% | ||
| Q3 25 | 28.8% | 41.0% | ||
| Q2 25 | -3.7% | 40.7% | ||
| Q1 25 | -5.5% | 39.9% | ||
| Q4 24 | 3.0% | 38.8% | ||
| Q3 24 | -3.9% | 39.6% | ||
| Q2 24 | 2.9% | 39.8% |
营业利润率CVIPNR
| Q1 26 | — | 20.3% | ||
| Q4 25 | -5.3% | 20.1% | ||
| Q3 25 | 26.3% | 22.7% | ||
| Q2 25 | -5.8% | 19.4% | ||
| Q1 25 | -8.0% | 20.1% | ||
| Q4 24 | 1.1% | 20.1% | ||
| Q3 24 | -6.2% | 18.1% | ||
| Q2 24 | 1.4% | 22.6% |
净利率CVIPNR
| Q1 26 | — | 16.6% | ||
| Q4 25 | -6.1% | 16.3% | ||
| Q3 25 | 19.2% | 18.0% | ||
| Q2 25 | -6.5% | 13.2% | ||
| Q1 25 | -7.5% | 15.3% | ||
| Q4 24 | 1.4% | 17.1% | ||
| Q3 24 | -6.8% | 14.1% | ||
| Q2 24 | 1.1% | 16.9% |
每股收益（稀释后）CVIPNR
| Q1 26 | — | — | ||
| Q4 25 | $-1.09 | $1.01 | ||
| Q3 25 | $3.72 | $1.12 | ||
| Q2 25 | $-1.14 | $0.90 | ||
| Q1 25 | $-1.22 | $0.93 | ||
| Q4 24 | $0.28 | $0.99 | ||
| Q3 24 | $-1.24 | $0.84 | ||
| Q2 24 | $0.21 | $1.11 |
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 | $511.0M | $67.7M |
| 总债务越低越好 | $1.8B | $1.9B |
| 股东权益账面价值 | $730.0M | $3.8B |
| 总资产 | $3.7B | $7.1B |
| 负债/权益比越低杠杆越低 | 2.40× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资CVIPNR
| Q1 26 | — | $67.7M | ||
| Q4 25 | $511.0M | — | ||
| Q3 25 | $670.0M | $128.4M | ||
| Q2 25 | $596.0M | $143.0M | ||
| Q1 25 | $695.0M | $140.6M | ||
| Q4 24 | $987.0M | $118.7M | ||
| Q3 24 | $534.0M | $218.1M | ||
| Q2 24 | $586.0M | $214.3M |
总债务CVIPNR
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.8B | $1.6B | ||
| Q3 25 | $1.8B | $1.6B | ||
| Q2 25 | $1.8B | $1.4B | ||
| Q1 25 | $1.9B | $1.8B | ||
| Q4 24 | $1.9B | $1.6B | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | $1.8B |
股东权益CVIPNR
| Q1 26 | — | $3.8B | ||
| Q4 25 | $730.0M | $3.9B | ||
| Q3 25 | $840.0M | $3.8B | ||
| Q2 25 | $466.0M | $3.7B | ||
| Q1 25 | $580.0M | $3.6B | ||
| Q4 24 | $703.0M | $3.6B | ||
| Q3 24 | $675.0M | $3.5B | ||
| Q2 24 | $849.0M | $3.4B |
总资产CVIPNR
| Q1 26 | — | $7.1B | ||
| Q4 25 | $3.7B | $6.9B | ||
| Q3 25 | $4.0B | $6.8B | ||
| Q2 25 | $4.0B | $6.5B | ||
| Q1 25 | $4.3B | $6.7B | ||
| Q4 24 | $4.3B | $6.4B | ||
| Q3 24 | $3.9B | $6.5B | ||
| Q2 24 | $4.0B | $6.5B |
负债/权益比CVIPNR
| Q1 26 | — | 0.51× | ||
| Q4 25 | 2.40× | 0.42× | ||
| Q3 25 | 2.17× | 0.42× | ||
| Q2 25 | 3.97× | 0.38× | ||
| Q1 25 | 3.29× | 0.51× | ||
| Q4 24 | 2.71× | 0.46× | ||
| Q3 24 | 2.33× | — | ||
| Q2 24 | 1.86× | 0.51× |
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 | $0 | — |
| 自由现金流经营现金流 - 资本支出 | — | $-85.7M |
| 自由现金流率自由现金流/营收 | — | -8.3% |
| 资本支出强度资本支出/营收 | 3.0% | 1.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $716.0M |
8季度趋势，按日历期对齐
经营现金流CVIPNR
| Q1 26 | — | — | ||
| Q4 25 | $0 | $50.8M | ||
| Q3 25 | $163.0M | $196.3M | ||
| Q2 25 | $176.0M | $606.6M | ||
| Q1 25 | $-195.0M | $-38.9M | ||
| Q4 24 | $98.0M | $86.5M | ||
| Q3 24 | $48.0M | $248.6M | ||
| Q2 24 | $81.0M | $539.2M |
自由现金流CVIPNR
| Q1 26 | — | $-85.7M | ||
| Q4 25 | — | $27.1M | ||
| Q3 25 | $125.0M | $178.9M | ||
| Q2 25 | $135.0M | $595.7M | ||
| Q1 25 | $-246.0M | $-55.7M | ||
| Q4 24 | $43.0M | $63.8M | ||
| Q3 24 | $14.0M | $233.2M | ||
| Q2 24 | $38.0M | $522.2M |
自由现金流率CVIPNR
| Q1 26 | — | -8.3% | ||
| Q4 25 | — | 2.7% | ||
| Q3 25 | 6.4% | 17.5% | ||
| Q2 25 | 7.7% | 53.0% | ||
| Q1 25 | -14.9% | -5.5% | ||
| Q4 24 | 2.2% | 6.6% | ||
| Q3 24 | 0.8% | 23.5% | ||
| Q2 24 | 1.9% | 47.5% |
资本支出强度CVIPNR
| Q1 26 | — | 1.8% | ||
| Q4 25 | 3.0% | 2.3% | ||
| Q3 25 | 2.0% | 1.7% | ||
| Q2 25 | 2.3% | 1.0% | ||
| Q1 25 | 3.1% | 1.7% | ||
| Q4 24 | 2.8% | 2.3% | ||
| Q3 24 | 1.9% | 1.6% | ||
| Q2 24 | 2.2% | 1.5% |
现金转化率CVIPNR
| Q1 26 | — | — | ||
| Q4 25 | — | 0.31× | ||
| Q3 25 | 0.44× | 1.07× | ||
| Q2 25 | — | 4.08× | ||
| Q1 25 | — | -0.25× | ||
| Q4 24 | 3.50× | 0.52× | ||
| Q3 24 | — | 1.78× | ||
| Q2 24 | 3.86× | 2.90× |
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
CVI
| Petroleum Segment | $1.6B | 91% |
| Product UAN | $64.0M | 4% |
| Product Ammonia | $51.0M | 3% |
| Renewables Diesel | $27.0M | 1% |
| Product Urea Products | $8.0M | 0% |
| Renewable Fuel Credits | $7.0M | 0% |
PNR
| Water Solutions | $391.0M | 38% |
| Pool | $387.1M | 37% |
| Flow | $258.1M | 25% |
