vs
Clearway Energy, Inc.（CWEN）与Rocket Lab Corp（RKLB）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Rocket Lab Corp的1.7倍（$310.0M vs $179.7M），Rocket Lab Corp净利率更高（-29.5% vs -33.5%，领先4.1%），Rocket Lab Corp同比增速更快（35.7% vs 21.1%），Clearway Energy, Inc.自由现金流更多（$71.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs 8.6%）
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。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
CWEN vs RKLB — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $310.0M | $179.7M |
| 净利润 | $-104.0M | $-52.9M |
| 毛利率 | 51.9% | 38.0% |
| 营业利润率 | -11.9% | -28.4% |
| 净利率 | -33.5% | -29.5% |
| 营收同比 | 21.1% | 35.7% |
| 净利润同比 | -3566.7% | -1.1% |
| 每股收益（稀释后） | — | $-0.09 |
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
| Q4 25 | $310.0M | $179.7M | ||
| Q3 25 | $429.0M | $155.1M | ||
| Q2 25 | $392.0M | $144.5M | ||
| Q1 25 | $298.0M | $122.6M | ||
| Q4 24 | $256.0M | $132.4M | ||
| Q3 24 | $486.0M | $104.8M | ||
| Q2 24 | $366.0M | $106.3M | ||
| Q1 24 | $263.0M | $92.8M |
| Q4 25 | $-104.0M | $-52.9M | ||
| Q3 25 | $236.0M | $-18.3M | ||
| Q2 25 | $33.0M | $-66.4M | ||
| Q1 25 | $4.0M | $-60.6M | ||
| Q4 24 | $3.0M | $-52.3M | ||
| Q3 24 | $36.0M | $-51.9M | ||
| Q2 24 | $51.0M | $-41.6M | ||
| Q1 24 | $-2.0M | $-44.3M |
| Q4 25 | 51.9% | 38.0% | ||
| Q3 25 | 70.2% | 37.0% | ||
| Q2 25 | 66.6% | 32.1% | ||
| Q1 25 | 59.1% | 28.8% | ||
| Q4 24 | 52.0% | 27.8% | ||
| Q3 24 | 72.2% | 26.7% | ||
| Q2 24 | 68.0% | 25.6% | ||
| Q1 24 | 52.1% | 26.1% |
| Q4 25 | -11.9% | -28.4% | ||
| Q3 25 | 26.1% | -38.0% | ||
| Q2 25 | 21.7% | -41.3% | ||
| Q1 25 | — | -48.3% | ||
| Q4 24 | -14.5% | -38.9% | ||
| Q3 24 | 36.6% | -49.5% | ||
| Q2 24 | 23.0% | -40.7% | ||
| Q1 24 | -11.0% | -46.4% |
| Q4 25 | -33.5% | -29.5% | ||
| Q3 25 | 55.0% | -11.8% | ||
| Q2 25 | 8.4% | -46.0% | ||
| Q1 25 | 1.3% | -49.5% | ||
| Q4 24 | 1.2% | -39.5% | ||
| Q3 24 | 7.4% | -49.6% | ||
| Q2 24 | 13.9% | -39.2% | ||
| Q1 24 | -0.8% | -47.7% |
| Q4 25 | — | $-0.09 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.11 | ||
| Q3 24 | — | $-0.10 | ||
| Q2 24 | — | $-0.08 | ||
| Q1 24 | — | $-0.09 |
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 | $1.0B |
| 总债务越低越好 | $7.9B | $152.4M |
| 股东权益账面价值 | $5.8B | $1.7B |
| 总资产 | $16.7B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.36× | 0.09× |
8季度趋势，按日历期对齐
| Q4 25 | $231.0M | $1.0B | ||
| Q3 25 | $251.0M | $976.7M | ||
| Q2 25 | $260.0M | $688.1M | ||
| Q1 25 | $297.0M | $428.4M | ||
| Q4 24 | $332.0M | $419.0M | ||
| Q3 24 | $292.0M | $442.4M | ||
| Q2 24 | $226.0M | $496.8M | ||
| Q1 24 | $478.0M | $492.5M |
| Q4 25 | $7.9B | $152.4M | ||
| Q3 25 | $8.1B | $347.0M | ||
| Q2 25 | $8.3B | $346.5M | ||
| Q1 25 | $7.2B | $345.9M | ||
| Q4 24 | $6.8B | $345.4M | ||
| Q3 24 | $6.7B | $61.2M | ||
| Q2 24 | $6.8B | $64.2M | ||
| Q1 24 | $7.6B | $66.8M |
| Q4 25 | $5.8B | $1.7B | ||
| Q3 25 | $5.7B | $1.3B | ||
| Q2 25 | $5.5B | $688.5M | ||
| Q1 25 | $5.4B | $431.3M | ||
| Q4 24 | $5.6B | $382.5M | ||
| Q3 24 | $5.6B | $419.8M | ||
| Q2 24 | $5.7B | $455.2M | ||
| Q1 24 | $5.0B | $478.9M |
| Q4 25 | $16.7B | $2.3B | ||
| Q3 25 | $16.1B | $2.2B | ||
| Q2 25 | $16.0B | $1.6B | ||
| Q1 25 | $14.6B | $1.3B | ||
| Q4 24 | $14.3B | $1.2B | ||
| Q3 24 | $14.2B | $1.2B | ||
| Q2 24 | $14.5B | $1.2B | ||
| Q1 24 | $14.9B | $1.2B |
| Q4 25 | 1.36× | 0.09× | ||
| Q3 25 | 1.41× | 0.27× | ||
| Q2 25 | 1.49× | 0.50× | ||
| Q1 25 | 1.33× | 0.80× | ||
| Q4 24 | 1.21× | 0.90× | ||
| Q3 24 | 1.20× | 0.15× | ||
| Q2 24 | 1.19× | 0.14× | ||
| Q1 24 | 1.50× | 0.14× |
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 | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $71.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 22.9% | -63.6% |
| 资本支出强度资本支出/营收 | 34.2% | 27.6% |
| 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 | $369.0M | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $177.0M | $-64.5M | ||
| Q3 25 | $225.0M | $-23.5M | ||
| Q2 25 | $191.0M | $-23.2M | ||
| Q1 25 | $95.0M | $-54.2M | ||
| Q4 24 | $192.0M | $-2.4M | ||
| Q3 24 | $301.0M | $-30.9M | ||
| Q2 24 | $196.0M | $-13.0M | ||
| Q1 24 | $81.0M | $-2.6M |
| Q4 25 | $71.0M | $-114.2M | ||
| Q3 25 | $144.0M | $-69.4M | ||
| Q2 25 | $115.0M | $-55.3M | ||
| Q1 25 | $39.0M | $-82.9M | ||
| Q4 24 | $142.0M | $-23.9M | ||
| Q3 24 | $266.0M | $-41.9M | ||
| Q2 24 | $92.0M | $-28.3M | ||
| Q1 24 | $-17.0M | $-21.8M |
| Q4 25 | 22.9% | -63.6% | ||
| Q3 25 | 33.6% | -44.8% | ||
| Q2 25 | 29.3% | -38.3% | ||
| Q1 25 | 13.1% | -67.6% | ||
| Q4 24 | 55.5% | -18.1% | ||
| Q3 24 | 54.7% | -40.0% | ||
| Q2 24 | 25.1% | -26.7% | ||
| Q1 24 | -6.5% | -23.5% |
| Q4 25 | 34.2% | 27.6% | ||
| Q3 25 | 18.9% | 29.6% | ||
| Q2 25 | 19.4% | 22.2% | ||
| Q1 25 | 18.8% | 23.4% | ||
| Q4 24 | 19.5% | 16.3% | ||
| Q3 24 | 7.2% | 10.5% | ||
| Q2 24 | 28.4% | 14.4% | ||
| Q1 24 | 37.3% | 20.7% |
| Q4 25 | — | — | ||
| Q3 25 | 0.95× | — | ||
| Q2 25 | 5.79× | — | ||
| Q1 25 | 23.75× | — | ||
| Q4 24 | 64.00× | — | ||
| Q3 24 | 8.36× | — | ||
| Q2 24 | 3.84× | — | ||
| Q1 24 | — | — |
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
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
