vs
Clearway Energy, Inc.（CWEN）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
Clearway Energy, Inc.的季度营收约是六旗的1.6倍（$354.0M vs $225.6M），Clearway Energy, Inc.净利率更高（-19.2% vs -119.0%，领先99.8%），Clearway Energy, Inc.同比增速更快（18.8% vs 11.7%）
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。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
CWEN vs FUN — 直观对比
营收规模更大
CWEN
是对方的1.6倍
$225.6M
营收增速更快
CWEN
高出7.1%
11.7%
净利率更高
CWEN
高出99.8%
-119.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $354.0M | $225.6M |
| 净利润 | $-68.0M | $-268.6M |
| 毛利率 | — | — |
| 营业利润率 | 5.6% | — |
| 净利率 | -19.2% | -119.0% |
| 营收同比 | 18.8% | 11.7% |
| 净利润同比 | 34.6% | -22.2% |
| 每股收益（稀释后） | — | — |
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CWENFUN
| Q1 26 | $354.0M | $225.6M | ||
| Q4 25 | $310.0M | $650.1M | ||
| Q3 25 | $429.0M | $1.3B | ||
| Q2 25 | $392.0M | $930.4M | ||
| Q1 25 | $298.0M | $202.1M | ||
| Q4 24 | $256.0M | — | ||
| Q3 24 | $486.0M | $1.3B | ||
| Q2 24 | $366.0M | $571.6M |
净利润CWENFUN
| Q1 26 | $-68.0M | $-268.6M | ||
| Q4 25 | $-104.0M | $-92.4M | ||
| Q3 25 | $236.0M | $-1.2B | ||
| Q2 25 | $33.0M | $-99.6M | ||
| Q1 25 | $4.0M | $-219.7M | ||
| Q4 24 | $3.0M | — | ||
| Q3 24 | $36.0M | $111.0M | ||
| Q2 24 | $51.0M | $55.6M |
毛利率CWENFUN
| Q1 26 | — | — | ||
| Q4 25 | 51.9% | 91.4% | ||
| Q3 25 | 70.2% | 91.6% | ||
| Q2 25 | 66.6% | 91.3% | ||
| Q1 25 | 59.1% | 89.3% | ||
| Q4 24 | 52.0% | — | ||
| Q3 24 | 72.2% | 91.9% | ||
| Q2 24 | 68.0% | 90.7% |
营业利润率CWENFUN
| Q1 26 | 5.6% | — | ||
| Q4 25 | -11.9% | -3.8% | ||
| Q3 25 | 26.1% | -83.7% | ||
| Q2 25 | 21.7% | 8.0% | ||
| Q1 25 | — | -158.9% | ||
| Q4 24 | -14.5% | — | ||
| Q3 24 | 36.6% | 19.5% | ||
| Q2 24 | 23.0% | 21.6% |
净利率CWENFUN
| Q1 26 | -19.2% | -119.0% | ||
| Q4 25 | -33.5% | -14.2% | ||
| Q3 25 | 55.0% | -90.1% | ||
| Q2 25 | 8.4% | -10.7% | ||
| Q1 25 | 1.3% | -108.7% | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 7.4% | 8.2% | ||
| Q2 24 | 13.9% | 9.7% |
每股收益（稀释后）CWENFUN
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.93 | ||
| Q3 25 | — | $-11.77 | ||
| Q2 25 | — | $-0.99 | ||
| Q1 25 | — | $-2.20 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.10 | ||
| Q2 24 | — | — |
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 | $325.0M | $116.5M |
| 总债务越低越好 | $9.1B | — |
| 股东权益账面价值 | $5.5B | $279.2M |
| 总资产 | $16.9B | $7.7B |
| 负债/权益比越低杠杆越低 | 1.66× | — |
8季度趋势，按日历期对齐
现金及短期投资CWENFUN
| Q1 26 | $325.0M | $116.5M | ||
| Q4 25 | $231.0M | $91.1M | ||
| Q3 25 | $251.0M | $70.7M | ||
| Q2 25 | $260.0M | $107.4M | ||
| Q1 25 | $297.0M | $61.5M | ||
| Q4 24 | $332.0M | — | ||
| Q3 24 | $292.0M | $89.7M | ||
| Q2 24 | $226.0M | $52.9M |
总债务CWENFUN
| Q1 26 | $9.1B | — | ||
| Q4 25 | $7.9B | $5.2B | ||
| Q3 25 | $8.1B | $5.0B | ||
| Q2 25 | $8.3B | $5.3B | ||
| Q1 25 | $7.2B | $5.0B | ||
| Q4 24 | $6.8B | — | ||
| Q3 24 | $6.7B | $4.6B | ||
| Q2 24 | $6.8B | $2.3B |
股东权益CWENFUN
| Q1 26 | $5.5B | $279.2M | ||
| Q4 25 | $5.8B | $549.8M | ||
| Q3 25 | $5.7B | $614.3M | ||
| Q2 25 | $5.5B | $1.8B | ||
| Q1 25 | $5.4B | $1.8B | ||
| Q4 24 | $5.6B | — | ||
| Q3 24 | $5.6B | $2.3B | ||
| Q2 24 | $5.7B | — |
总资产CWENFUN
| Q1 26 | $16.9B | $7.7B | ||
| Q4 25 | $16.7B | $7.8B | ||
| Q3 25 | $16.1B | $7.9B | ||
| Q2 25 | $16.0B | $9.5B | ||
| Q1 25 | $14.6B | $9.2B | ||
| Q4 24 | $14.3B | — | ||
| Q3 24 | $14.2B | $9.4B | ||
| Q2 24 | $14.5B | $2.3B |
负债/权益比CWENFUN
| Q1 26 | 1.66× | — | ||
| Q4 25 | 1.36× | 9.40× | ||
| Q3 25 | 1.41× | 8.16× | ||
| Q2 25 | 1.49× | 2.97× | ||
| Q1 25 | 1.33× | 2.75× | ||
| Q4 24 | 1.21× | — | ||
| Q3 24 | 1.20× | 1.95× | ||
| Q2 24 | 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 | $401.0M | — |
| 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 | 21.2% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流CWENFUN
| Q1 26 | $401.0M | — | ||
| Q4 25 | $177.0M | $-37.7M | ||
| Q3 25 | $225.0M | $356.2M | ||
| Q2 25 | $191.0M | $187.0M | ||
| Q1 25 | $95.0M | $-178.0M | ||
| Q4 24 | $192.0M | — | ||
| Q3 24 | $301.0M | $337.4M | ||
| Q2 24 | $196.0M | — |
自由现金流CWENFUN
| Q1 26 | — | — | ||
| Q4 25 | $71.0M | $-109.3M | ||
| Q3 25 | $144.0M | $256.2M | ||
| Q2 25 | $115.0M | $18.8M | ||
| Q1 25 | $39.0M | $-318.0M | ||
| Q4 24 | $142.0M | — | ||
| Q3 24 | $266.0M | $227.7M | ||
| Q2 24 | $92.0M | — |
自由现金流率CWENFUN
| Q1 26 | — | — | ||
| Q4 25 | 22.9% | -16.8% | ||
| Q3 25 | 33.6% | 19.4% | ||
| Q2 25 | 29.3% | 2.0% | ||
| Q1 25 | 13.1% | -157.4% | ||
| Q4 24 | 55.5% | — | ||
| Q3 24 | 54.7% | 16.9% | ||
| Q2 24 | 25.1% | — |
资本支出强度CWENFUN
| Q1 26 | 21.2% | — | ||
| Q4 25 | 34.2% | 11.0% | ||
| Q3 25 | 18.9% | 7.6% | ||
| Q2 25 | 19.4% | 18.1% | ||
| Q1 25 | 18.8% | 69.3% | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 7.2% | 8.1% | ||
| Q2 24 | 28.4% | — |
现金转化率CWENFUN
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 5.79× | — | ||
| Q1 25 | 23.75× | — | ||
| Q4 24 | 64.00× | — | ||
| Q3 24 | 8.36× | 3.04× | ||
| Q2 24 | 3.84× | — |
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
CWEN
暂无分部数据
FUN
| In-park admissions revenues | $113.4M | 50% |
| In-park product revenues | $89.0M | 39% |
| Out-of-park revenues | $28.8M | 13% |
