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道明尼能源（D）与TENET HEALTHCARE CORP（THC）财务数据对比。点击上方公司名可切换其他公司
TENET HEALTHCARE CORP的季度营收约是道明尼能源的1.3倍（$5.5B vs $4.2B），道明尼能源净利率更高（13.9% vs 11.7%，领先2.3%），道明尼能源同比增速更快（23.2% vs 9.0%），过去两年道明尼能源的营收复合增速更高（9.3% vs 1.5%）
道明尼能源是总部位于美国弗吉尼亚州里士满的能源企业，为弗吉尼亚、北卡罗来纳、南卡罗来纳三州的部分地区供电，同时向犹他、爱达荷、怀俄明、西弗吉尼亚、俄亥俄、宾夕法尼亚、佐治亚等州的部分区域供应天然气，在印第安纳、伊利诺伊、康涅狄格、罗得岛也设有发电设施。
Tenet Healthcare Corporation是总部位于美国达拉斯的营利性跨国医疗服务企业，旗下拥有USPI等多个品牌、子公司、合资企业及合作主体，运营65家医院及超过450个医疗设施，还通过旗下Conifer Health Solutions为各类医疗系统及其他客户提供专业医疗支持服务
D vs THC — 直观对比
营收规模更大
THC
是对方的1.3倍
$4.2B
营收增速更快
D
高出14.2%
9.0%
净利率更高
D
高出2.3%
11.7%
两年增速更快
D
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $5.5B |
| 净利润 | $586.0M | $644.0M |
| 毛利率 | — | — |
| 营业利润率 | 18.0% | 15.4% |
| 净利率 | 13.9% | 11.7% |
| 营收同比 | 23.2% | 9.0% |
| 净利润同比 | 871.1% | 12.6% |
| 每股收益（稀释后） | $0.66 | $4.22 |
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DTHC
| Q4 25 | $4.2B | $5.5B | ||
| Q3 25 | $4.5B | $5.3B | ||
| Q2 25 | $3.7B | $5.3B | ||
| Q1 25 | $4.1B | $5.2B | ||
| Q4 24 | $3.4B | $5.1B | ||
| Q3 24 | $3.8B | $5.1B | ||
| Q2 24 | $3.5B | $5.1B | ||
| Q1 24 | $3.5B | $5.4B |
净利润DTHC
| Q4 25 | $586.0M | $644.0M | ||
| Q3 25 | $1.0B | $579.0M | ||
| Q2 25 | $760.0M | $522.0M | ||
| Q1 25 | $646.0M | $622.0M | ||
| Q4 24 | $-76.0M | $572.0M | ||
| Q3 24 | $954.0M | $681.0M | ||
| Q2 24 | $572.0M | $477.0M | ||
| Q1 24 | $674.0M | $2.3B |
营业利润率DTHC
| Q4 25 | 18.0% | 15.4% | ||
| Q3 25 | 29.7% | 16.8% | ||
| Q2 25 | 29.5% | 15.6% | ||
| Q1 25 | 29.9% | 18.1% | ||
| Q4 24 | 11.4% | 16.2% | ||
| Q3 24 | 32.2% | 21.3% | ||
| Q2 24 | 23.3% | 14.9% | ||
| Q1 24 | 23.6% | 61.2% |
净利率DTHC
| Q4 25 | 13.9% | 11.7% | ||
| Q3 25 | 22.3% | 10.9% | ||
| Q2 25 | 20.4% | 9.9% | ||
| Q1 25 | 15.8% | 11.9% | ||
| Q4 24 | -2.2% | 11.3% | ||
| Q3 24 | 25.2% | 13.3% | ||
| Q2 24 | 16.6% | 9.3% | ||
| Q1 24 | 19.1% | 43.5% |
每股收益（稀释后）DTHC
| Q4 25 | $0.66 | $4.22 | ||
| Q3 25 | $1.16 | $3.86 | ||
| Q2 25 | $0.88 | $3.14 | ||
| Q1 25 | $0.75 | $4.27 | ||
| Q4 24 | $-0.11 | $3.79 | ||
| Q3 24 | $1.12 | $4.89 | ||
| Q2 24 | $0.65 | $2.64 | ||
| Q1 24 | $0.78 | $21.38 |
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 | $250.0M | $2.9B |
| 总债务越低越好 | $44.1B | $13.1B |
| 股东权益账面价值 | $29.1B | $4.2B |
| 总资产 | $115.9B | $29.7B |
| 负债/权益比越低杠杆越低 | 1.52× | 3.10× |
8季度趋势，按日历期对齐
现金及短期投资DTHC
| Q4 25 | $250.0M | $2.9B | ||
| Q3 25 | $932.0M | $3.0B | ||
| Q2 25 | $344.0M | $2.6B | ||
| Q1 25 | $355.0M | $3.0B | ||
| Q4 24 | $310.0M | $3.0B | ||
| Q3 24 | $1.8B | $4.1B | ||
| Q2 24 | $139.0M | $2.9B | ||
| Q1 24 | $265.0M | $2.5B |
总债务DTHC
| Q4 25 | $44.1B | $13.1B | ||
| Q3 25 | $43.3B | $13.1B | ||
| Q2 25 | $40.3B | $13.1B | ||
| Q1 25 | $39.9B | $13.1B | ||
| Q4 24 | $37.5B | $13.1B | ||
| Q3 24 | $37.1B | $12.8B | ||
| Q2 24 | $36.6B | $12.8B | ||
| Q1 24 | $35.1B | $12.8B |
股东权益DTHC
| Q4 25 | $29.1B | $4.2B | ||
| Q3 25 | $27.7B | $4.0B | ||
| Q2 25 | $27.2B | $3.7B | ||
| Q1 25 | $27.4B | $4.2B | ||
| Q4 24 | $27.3B | $4.2B | ||
| Q3 24 | $27.5B | $3.8B | ||
| Q2 24 | $27.1B | $3.5B | ||
| Q1 24 | $27.4B | $3.5B |
总资产DTHC
| Q4 25 | $115.9B | $29.7B | ||
| Q3 25 | $111.6B | $29.4B | ||
| Q2 25 | $107.4B | $28.7B | ||
| Q1 25 | $104.6B | $29.2B | ||
| Q4 24 | $102.4B | $28.9B | ||
| Q3 24 | $99.8B | $29.4B | ||
| Q2 24 | $100.4B | $29.3B | ||
| Q1 24 | $102.0B | $28.9B |
负债/权益比DTHC
| Q4 25 | 1.52× | 3.10× | ||
| Q3 25 | 1.56× | 3.26× | ||
| Q2 25 | 1.48× | 3.49× | ||
| Q1 25 | 1.46× | 3.13× | ||
| Q4 24 | 1.38× | 3.14× | ||
| Q3 24 | 1.35× | 3.33× | ||
| Q2 24 | 1.35× | 3.67× | ||
| Q1 24 | 1.28× | 3.70× |
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 | $987.0M | $731.0M |
| 自由现金流经营现金流 - 资本支出 | — | $367.0M |
| 自由现金流率自由现金流/营收 | — | 6.6% |
| 资本支出强度资本支出/营收 | — | 6.6% |
| 现金转化率经营现金流/净利润 | 1.68× | 1.14× |
| 过去12个月自由现金流最近4个季度 | — | $2.5B |
8季度趋势，按日历期对齐
经营现金流DTHC
| Q4 25 | $987.0M | $731.0M | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $1.2B | $936.0M | ||
| Q1 25 | $1.2B | $815.0M | ||
| Q4 24 | $641.0M | $-331.0M | ||
| Q3 24 | $1.5B | $1.0B | ||
| Q2 24 | $856.0M | $747.0M | ||
| Q1 24 | $2.0B | $586.0M |
自由现金流DTHC
| Q4 25 | — | $367.0M | ||
| Q3 25 | — | $778.0M | ||
| Q2 25 | — | $743.0M | ||
| Q1 25 | — | $642.0M | ||
| Q4 24 | — | $-661.0M | ||
| Q3 24 | — | $829.0M | ||
| Q2 24 | — | $602.0M | ||
| Q1 24 | — | $346.0M |
自由现金流率DTHC
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 14.1% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | -13.0% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | — | 11.8% | ||
| Q1 24 | — | 6.4% |
资本支出强度DTHC
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 4.5% |
现金转化率DTHC
| Q4 25 | 1.68× | 1.14× | ||
| Q3 25 | 1.93× | 1.83× | ||
| Q2 25 | 1.64× | 1.79× | ||
| Q1 25 | 1.83× | 1.31× | ||
| Q4 24 | — | -0.58× | ||
| Q3 24 | 1.61× | 1.53× | ||
| Q2 24 | 1.50× | 1.57× | ||
| Q1 24 | 2.94× | 0.25× |
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
D
| Dominion Energy Virginia | $3.0B | 72% |
| Nonregulated Electricity Sales | $334.0M | 8% |
| Contracted Energy | $306.0M | 7% |
| Other | $292.0M | 7% |
| Other Nonregulated Revenues | $97.0M | 2% |
| Other Regulated Revenues | $66.0M | 2% |
| Alternative Revenue Programs | $50.0M | 1% |
| Transition Services Agreements | $25.0M | 1% |
| Regulated Gas Transportation And Storage | $10.0M | 0% |
| Related Party | $5.0M | 0% |
THC
| Other | $2.9B | 52% |
| Health Care Patient Service | $1.4B | 25% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $1.2B | 22% |
| Health Care Other Sources | $56.0M | 1% |
