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道明尼能源（D）与WESCO INTERNATIONAL INC（WCC）财务数据对比。点击上方公司名可切换其他公司
WESCO INTERNATIONAL INC的季度营收约是道明尼能源的1.4倍（$6.1B vs $4.2B），道明尼能源净利率更高（13.9% vs 2.6%，领先11.3%），道明尼能源同比增速更快（23.2% vs 10.3%），过去两年道明尼能源的营收复合增速更高（9.3% vs 6.5%）
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。
WESCO国际是一家美国上市控股公司，旗下子公司WESCO Distribution主营电气产品分销及相关服务，总部位于宾夕法尼亚州匹兹堡市，可为工业、基建、商业等多领域客户提供一站式电气供应链解决方案与技术支持服务。
D vs WCC — 直观对比
营收规模更大
WCC
是对方的1.4倍
$4.2B
营收增速更快
D
高出12.8%
10.3%
净利率更高
D
高出11.3%
2.6%
两年增速更快
D
近两年复合增速
6.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $6.1B |
| 净利润 | $586.0M | $159.8M |
| 毛利率 | — | 21.2% |
| 营业利润率 | 18.0% | 5.3% |
| 净利率 | 13.9% | 2.6% |
| 营收同比 | 23.2% | 10.3% |
| 净利润同比 | 871.1% | -3.4% |
| 每股收益（稀释后） | $0.66 | $3.33 |
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DWCC
| Q4 25 | $4.2B | $6.1B | ||
| Q3 25 | $4.5B | $6.2B | ||
| Q2 25 | $3.7B | $5.9B | ||
| Q1 25 | $4.1B | $5.3B | ||
| Q4 24 | $3.4B | $5.5B | ||
| Q3 24 | $3.8B | $5.5B | ||
| Q2 24 | $3.5B | $5.5B | ||
| Q1 24 | $3.5B | $5.3B |
净利润DWCC
| Q4 25 | $586.0M | $159.8M | ||
| Q3 25 | $1.0B | $187.5M | ||
| Q2 25 | $760.0M | $174.5M | ||
| Q1 25 | $646.0M | $118.4M | ||
| Q4 24 | $-76.0M | $165.4M | ||
| Q3 24 | $954.0M | $204.3M | ||
| Q2 24 | $572.0M | $232.1M | ||
| Q1 24 | $674.0M | $115.8M |
毛利率DWCC
| Q4 25 | — | 21.2% | ||
| Q3 25 | — | 21.3% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 21.2% | ||
| Q3 24 | — | 22.1% | ||
| Q2 24 | — | 21.9% | ||
| Q1 24 | — | 21.3% |
营业利润率DWCC
| Q4 25 | 18.0% | 5.3% | ||
| Q3 25 | 29.7% | 5.6% | ||
| Q2 25 | 29.5% | 5.5% | ||
| Q1 25 | 29.9% | 4.5% | ||
| Q4 24 | 11.4% | 5.5% | ||
| Q3 24 | 32.2% | 6.1% | ||
| Q2 24 | 23.3% | 5.9% | ||
| Q1 24 | 23.6% | 4.9% |
净利率DWCC
| Q4 25 | 13.9% | 2.6% | ||
| Q3 25 | 22.3% | 3.0% | ||
| Q2 25 | 20.4% | 3.0% | ||
| Q1 25 | 15.8% | 2.2% | ||
| Q4 24 | -2.2% | 3.0% | ||
| Q3 24 | 25.2% | 3.7% | ||
| Q2 24 | 16.6% | 4.2% | ||
| Q1 24 | 19.1% | 2.2% |
每股收益（稀释后）DWCC
| Q4 25 | $0.66 | $3.33 | ||
| Q3 25 | $1.16 | $3.79 | ||
| Q2 25 | $0.88 | $3.83 | ||
| Q1 25 | $0.75 | $2.10 | ||
| Q4 24 | $-0.11 | $3.01 | ||
| Q3 24 | $1.12 | $3.81 | ||
| Q2 24 | $0.65 | $4.28 | ||
| Q1 24 | $0.78 | $1.95 |
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 | — |
| 总债务越低越好 | $44.1B | — |
| 股东权益账面价值 | $29.1B | $5.0B |
| 总资产 | $115.9B | $16.5B |
| 负债/权益比越低杠杆越低 | 1.52× | — |
8季度趋势，按日历期对齐
现金及短期投资DWCC
| Q4 25 | $250.0M | — | ||
| Q3 25 | $932.0M | — | ||
| Q2 25 | $344.0M | — | ||
| Q1 25 | $355.0M | — | ||
| Q4 24 | $310.0M | — | ||
| Q3 24 | $1.8B | — | ||
| Q2 24 | $139.0M | — | ||
| Q1 24 | $265.0M | — |
总债务DWCC
| Q4 25 | $44.1B | — | ||
| Q3 25 | $43.3B | — | ||
| Q2 25 | $40.3B | — | ||
| Q1 25 | $39.9B | — | ||
| Q4 24 | $37.5B | — | ||
| Q3 24 | $37.1B | — | ||
| Q2 24 | $36.6B | — | ||
| Q1 24 | $35.1B | — |
股东权益DWCC
| Q4 25 | $29.1B | $5.0B | ||
| Q3 25 | $27.7B | $4.8B | ||
| Q2 25 | $27.2B | $4.8B | ||
| Q1 25 | $27.4B | $5.0B | ||
| Q4 24 | $27.3B | $5.0B | ||
| Q3 24 | $27.5B | $5.0B | ||
| Q2 24 | $27.1B | $4.9B | ||
| Q1 24 | $27.4B | $5.0B |
总资产DWCC
| Q4 25 | $115.9B | $16.5B | ||
| Q3 25 | $111.6B | $16.6B | ||
| Q2 25 | $107.4B | $16.2B | ||
| Q1 25 | $104.6B | $15.5B | ||
| Q4 24 | $102.4B | $15.1B | ||
| Q3 24 | $99.8B | $15.3B | ||
| Q2 24 | $100.4B | $15.1B | ||
| Q1 24 | $102.0B | $15.5B |
负债/权益比DWCC
| Q4 25 | 1.52× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 1.38× | — | ||
| Q3 24 | 1.35× | — | ||
| Q2 24 | 1.35× | — | ||
| Q1 24 | 1.28× | — |
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 | $71.9M |
| 自由现金流经营现金流 - 资本支出 | — | $27.5M |
| 自由现金流率自由现金流/营收 | — | 0.5% |
| 资本支出强度资本支出/营收 | — | 0.7% |
| 现金转化率经营现金流/净利润 | 1.68× | 0.45× |
| 过去12个月自由现金流最近4个季度 | — | $25.2M |
8季度趋势，按日历期对齐
经营现金流DWCC
| Q4 25 | $987.0M | $71.9M | ||
| Q3 25 | $1.9B | $-82.7M | ||
| Q2 25 | $1.2B | $107.8M | ||
| Q1 25 | $1.2B | $28.0M | ||
| Q4 24 | $641.0M | $276.6M | ||
| Q3 24 | $1.5B | $302.1M | ||
| Q2 24 | $856.0M | $-223.8M | ||
| Q1 24 | $2.0B | $746.3M |
自由现金流DWCC
| Q4 25 | — | $27.5M | ||
| Q3 25 | — | $-95.9M | ||
| Q2 25 | — | $86.0M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $252.3M | ||
| Q3 24 | — | $272.9M | ||
| Q2 24 | — | $-244.6M | ||
| Q1 24 | — | $725.9M |
自由现金流率DWCC
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | -1.5% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | -4.5% | ||
| Q1 24 | — | 13.6% |
资本支出强度DWCC
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.4% |
现金转化率DWCC
| Q4 25 | 1.68× | 0.45× | ||
| Q3 25 | 1.93× | -0.44× | ||
| Q2 25 | 1.64× | 0.62× | ||
| Q1 25 | 1.83× | 0.24× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | 1.61× | 1.48× | ||
| Q2 24 | 1.50× | -0.96× | ||
| Q1 24 | 2.94× | 6.44× |
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% |
WCC
| CSS | $2.4B | 40% |
| EES | $2.3B | 37% |
| UBS | $1.4B | 23% |
