vs
Clearway Energy, Inc.（CWEN）与Essex Property Trust（ESS）财务数据对比。点击上方公司名可切换其他公司
Essex Property Trust的季度营收约是Clearway Energy, Inc.的1.5倍（$479.6M vs $310.0M），Essex Property Trust净利率更高（17.9% vs -33.5%，领先51.4%），Clearway Energy, Inc.同比增速更快（21.1% vs 5.5%），过去两年Clearway Energy, Inc.的营收复合增速更高（8.6% vs 6.0%）
NRG能源是总部位于美国得克萨斯州休斯敦的能源企业，前身为后续更名为埃克西尔能源的北方州电力公司的批发业务板块，2000年独立运营。业务覆盖发电与电力零售，拥有天然气、煤炭、石油、核能、风电、公用事业级及分布式太阳能等发电资产，服务超700万零售用户。
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
CWEN vs ESS — 直观对比
营收规模更大
ESS
是对方的1.5倍
$310.0M
营收增速更快
CWEN
高出15.6%
5.5%
净利率更高
ESS
高出51.4%
-33.5%
两年增速更快
CWEN
近两年复合增速
6.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $310.0M | $479.6M |
| 净利润 | $-104.0M | $85.7M |
| 毛利率 | 51.9% | 70.0% |
| 营业利润率 | -11.9% | 31.7% |
| 净利率 | -33.5% | 17.9% |
| 营收同比 | 21.1% | 5.5% |
| 净利润同比 | -3566.7% | -71.6% |
| 每股收益（稀释后） | — | $1.24 |
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CWENESS
| Q4 25 | $310.0M | $479.6M | ||
| Q3 25 | $429.0M | $473.3M | ||
| Q2 25 | $392.0M | $469.8M | ||
| Q1 25 | $298.0M | $464.6M | ||
| Q4 24 | $256.0M | $454.5M | ||
| Q3 24 | $486.0M | $450.7M | ||
| Q2 24 | $366.0M | $442.4M | ||
| Q1 24 | $263.0M | $426.9M |
净利润CWENESS
| Q4 25 | $-104.0M | $85.7M | ||
| Q3 25 | $236.0M | $172.7M | ||
| Q2 25 | $33.0M | $231.5M | ||
| Q1 25 | $4.0M | $212.8M | ||
| Q4 24 | $3.0M | $301.7M | ||
| Q3 24 | $36.0M | $125.5M | ||
| Q2 24 | $51.0M | $99.0M | ||
| Q1 24 | $-2.0M | $285.1M |
毛利率CWENESS
| Q4 25 | 51.9% | 70.0% | ||
| Q3 25 | 70.2% | 69.2% | ||
| Q2 25 | 66.6% | 70.7% | ||
| Q1 25 | 59.1% | 69.6% | ||
| Q4 24 | 52.0% | 70.0% | ||
| Q3 24 | 72.2% | 69.5% | ||
| Q2 24 | 68.0% | 70.8% | ||
| Q1 24 | 52.1% | 69.7% |
营业利润率CWENESS
| Q4 25 | -11.9% | 31.7% | ||
| Q3 25 | 26.1% | 44.5% | ||
| Q2 25 | 21.7% | 59.5% | ||
| Q1 25 | — | 55.3% | ||
| Q4 24 | -14.5% | 67.0% | ||
| Q3 24 | 36.6% | 28.6% | ||
| Q2 24 | 23.0% | 31.1% | ||
| Q1 24 | -11.0% | 31.0% |
净利率CWENESS
| Q4 25 | -33.5% | 17.9% | ||
| Q3 25 | 55.0% | 36.5% | ||
| Q2 25 | 8.4% | 49.3% | ||
| Q1 25 | 1.3% | 45.8% | ||
| Q4 24 | 1.2% | 66.4% | ||
| Q3 24 | 7.4% | 27.8% | ||
| Q2 24 | 13.9% | 22.4% | ||
| Q1 24 | -0.8% | 66.8% |
每股收益（稀释后）CWENESS
| Q4 25 | — | $1.24 | ||
| Q3 25 | — | $2.56 | ||
| Q2 25 | — | $3.44 | ||
| Q1 25 | — | $3.16 | ||
| Q4 24 | — | $4.00 | ||
| Q3 24 | — | $1.84 | ||
| Q2 24 | — | $1.45 | ||
| Q1 24 | — | $4.25 |
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 | $231.0M | $76.2M |
| 总债务越低越好 | $7.9B | — |
| 股东权益账面价值 | $5.8B | $5.5B |
| 总资产 | $16.7B | $13.2B |
| 负债/权益比越低杠杆越低 | 1.36× | — |
8季度趋势，按日历期对齐
现金及短期投资CWENESS
| Q4 25 | $231.0M | $76.2M | ||
| Q3 25 | $251.0M | $66.0M | ||
| Q2 25 | $260.0M | $58.7M | ||
| Q1 25 | $297.0M | $98.7M | ||
| Q4 24 | $332.0M | $66.8M | ||
| Q3 24 | $292.0M | $71.3M | ||
| Q2 24 | $226.0M | $55.2M | ||
| Q1 24 | $478.0M | $499.0M |
总债务CWENESS
| Q4 25 | $7.9B | — | ||
| Q3 25 | $8.1B | $6.4B | ||
| Q2 25 | $8.3B | $6.4B | ||
| Q1 25 | $7.2B | $6.8B | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $6.7B | $6.4B | ||
| Q2 24 | $6.8B | $6.2B | ||
| Q1 24 | $7.6B | $6.6B |
股东权益CWENESS
| Q4 25 | $5.8B | $5.5B | ||
| Q3 25 | $5.7B | $5.6B | ||
| Q2 25 | $5.5B | $5.6B | ||
| Q1 25 | $5.4B | $5.6B | ||
| Q4 24 | $5.6B | $5.5B | ||
| Q3 24 | $5.6B | $5.4B | ||
| Q2 24 | $5.7B | $5.5B | ||
| Q1 24 | $5.0B | $5.5B |
总资产CWENESS
| Q4 25 | $16.7B | $13.2B | ||
| Q3 25 | $16.1B | $13.2B | ||
| Q2 25 | $16.0B | $13.2B | ||
| Q1 25 | $14.6B | $13.2B | ||
| Q4 24 | $14.3B | $12.9B | ||
| Q3 24 | $14.2B | $12.6B | ||
| Q2 24 | $14.5B | $12.5B | ||
| Q1 24 | $14.9B | $12.9B |
负债/权益比CWENESS
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.41× | 1.15× | ||
| Q2 25 | 1.49× | 1.14× | ||
| Q1 25 | 1.33× | 1.22× | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.20× | 1.18× | ||
| Q2 24 | 1.19× | 1.13× | ||
| Q1 24 | 1.50× | 1.19× |
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 | $177.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $71.0M | — |
| 自由现金流率自由现金流/营收 | 22.9% | — |
| 资本支出强度资本支出/营收 | 34.2% | — |
| 现金转化率经营现金流/净利润 | — | 12.53× |
| 过去12个月自由现金流最近4个季度 | $369.0M | — |
8季度趋势，按日历期对齐
经营现金流CWENESS
| Q4 25 | $177.0M | $1.1B | ||
| Q3 25 | $225.0M | $342.6M | ||
| Q2 25 | $191.0M | $216.1M | ||
| Q1 25 | $95.0M | $281.5M | ||
| Q4 24 | $192.0M | $1.1B | ||
| Q3 24 | $301.0M | $316.2M | ||
| Q2 24 | $196.0M | $218.9M | ||
| Q1 24 | $81.0M | $314.9M |
自由现金流CWENESS
| Q4 25 | $71.0M | — | ||
| Q3 25 | $144.0M | — | ||
| Q2 25 | $115.0M | — | ||
| Q1 25 | $39.0M | — | ||
| Q4 24 | $142.0M | — | ||
| Q3 24 | $266.0M | — | ||
| Q2 24 | $92.0M | — | ||
| Q1 24 | $-17.0M | — |
自由现金流率CWENESS
| Q4 25 | 22.9% | — | ||
| Q3 25 | 33.6% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 13.1% | — | ||
| Q4 24 | 55.5% | — | ||
| Q3 24 | 54.7% | — | ||
| Q2 24 | 25.1% | — | ||
| Q1 24 | -6.5% | — |
资本支出强度CWENESS
| Q4 25 | 34.2% | — | ||
| Q3 25 | 18.9% | — | ||
| Q2 25 | 19.4% | — | ||
| Q1 25 | 18.8% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 28.4% | — | ||
| Q1 24 | 37.3% | — |
现金转化率CWENESS
| Q4 25 | — | 12.53× | ||
| Q3 25 | 0.95× | 1.98× | ||
| Q2 25 | 5.79× | 0.93× | ||
| Q1 25 | 23.75× | 1.32× | ||
| Q4 24 | 64.00× | 3.54× | ||
| Q3 24 | 8.36× | 2.52× | ||
| Q2 24 | 3.84× | 2.21× | ||
| Q1 24 | — | 1.10× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
