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德纳（DAN）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是德纳的1.8倍（$2.3B vs $1.3B），PPL Corporation净利率更高（11.3% vs -3.9%，领先15.2%），PPL Corporation同比增速更快（7.2% vs -44.5%），德纳自由现金流更多（$345.0M vs $-614.0M），过去两年PPL Corporation的营收复合增速更高（1.0% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
DAN vs PPL — 直观对比
营收规模更大
PPL
是对方的1.8倍
$1.3B
营收增速更快
PPL
高出51.7%
-44.5%
净利率更高
PPL
高出15.2%
-3.9%
自由现金流更多
DAN
多$959.0M
$-614.0M
两年增速更快
PPL
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.3B |
| 净利润 | $-50.0M | $266.0M |
| 毛利率 | 6.0% | — |
| 营业利润率 | -0.2% | 20.3% |
| 净利率 | -3.9% | 11.3% |
| 营收同比 | -44.5% | 7.2% |
| 净利润同比 | 37.5% | 50.3% |
| 每股收益（稀释后） | $-0.36 | $0.35 |
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DANPPL
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $1.9B | $2.0B | ||
| Q1 25 | $2.4B | $2.5B | ||
| Q4 24 | $2.3B | $2.2B | ||
| Q3 24 | $2.5B | $2.1B | ||
| Q2 24 | $2.7B | $1.9B | ||
| Q1 24 | $2.7B | $2.3B |
净利润DANPPL
| Q4 25 | $-50.0M | $266.0M | ||
| Q3 25 | $83.0M | $318.0M | ||
| Q2 25 | $27.0M | $183.0M | ||
| Q1 25 | $25.0M | $414.0M | ||
| Q4 24 | $-80.0M | $177.0M | ||
| Q3 24 | $4.0M | $214.0M | ||
| Q2 24 | $16.0M | $190.0M | ||
| Q1 24 | $3.0M | $307.0M |
毛利率DANPPL
| Q4 25 | 6.0% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | 9.4% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 9.3% | — | ||
| Q1 24 | 8.9% | — |
营业利润率DANPPL
| Q4 25 | -0.2% | 20.3% | ||
| Q3 25 | 2.8% | 25.4% | ||
| Q2 25 | 0.8% | 19.9% | ||
| Q1 25 | 3.1% | 26.6% | ||
| Q4 24 | -1.5% | 17.2% | ||
| Q3 24 | 3.6% | 20.6% | ||
| Q2 24 | 3.8% | 20.8% | ||
| Q1 24 | 2.6% | 23.7% |
净利率DANPPL
| Q4 25 | -3.9% | 11.3% | ||
| Q3 25 | 4.3% | 14.2% | ||
| Q2 25 | 1.4% | 9.0% | ||
| Q1 25 | 1.1% | 16.3% | ||
| Q4 24 | -3.4% | 8.1% | ||
| Q3 24 | 0.2% | 10.3% | ||
| Q2 24 | 0.6% | 10.1% | ||
| Q1 24 | 0.1% | 13.3% |
每股收益（稀释后）DANPPL
| Q4 25 | $-0.36 | $0.35 | ||
| Q3 25 | $0.64 | $0.43 | ||
| Q2 25 | $0.19 | $0.25 | ||
| Q1 25 | $0.17 | $0.56 | ||
| Q4 24 | $-0.55 | $0.23 | ||
| Q3 24 | $0.03 | $0.29 | ||
| Q2 24 | $0.11 | $0.26 | ||
| Q1 24 | $0.02 | $0.42 |
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 | $469.0M | $1.1B |
| 总债务越低越好 | $2.6B | $18.9B |
| 股东权益账面价值 | $840.0M | $14.9B |
| 总资产 | $7.8B | $45.2B |
| 负债/权益比越低杠杆越低 | 3.05× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资DANPPL
| Q4 25 | $469.0M | $1.1B | ||
| Q3 25 | $414.0M | $1.1B | ||
| Q2 25 | $486.0M | $294.0M | ||
| Q1 25 | $507.0M | $312.0M | ||
| Q4 24 | $494.0M | $306.0M | ||
| Q3 24 | $419.0M | $542.0M | ||
| Q2 24 | $419.0M | $282.0M | ||
| Q1 24 | $351.0M | $276.0M |
总债务DANPPL
| Q4 25 | $2.6B | $18.9B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $16.5B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.6B | — |
股东权益DANPPL
| Q4 25 | $840.0M | $14.9B | ||
| Q3 25 | $1.1B | $14.4B | ||
| Q2 25 | $1.2B | $14.3B | ||
| Q1 25 | $1.4B | $14.3B | ||
| Q4 24 | $1.3B | $14.1B | ||
| Q3 24 | $1.5B | $14.1B | ||
| Q2 24 | $1.5B | $14.1B | ||
| Q1 24 | $1.5B | $14.1B |
总资产DANPPL
| Q4 25 | $7.8B | $45.2B | ||
| Q3 25 | $8.1B | $43.9B | ||
| Q2 25 | $8.1B | $42.4B | ||
| Q1 25 | $7.8B | $41.8B | ||
| Q4 24 | $7.5B | $41.1B | ||
| Q3 24 | $7.9B | $40.5B | ||
| Q2 24 | $7.8B | $39.8B | ||
| Q1 24 | $7.9B | $39.6B |
负债/权益比DANPPL
| Q4 25 | 3.05× | 1.27× | ||
| Q3 25 | 2.35× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.79× | 1.17× | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.68× | — |
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 | $406.0M | $548.0M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $-614.0M |
| 自由现金流率自由现金流/营收 | 26.6% | -26.1% |
| 资本支出强度资本支出/营收 | 4.7% | 49.5% |
| 现金转化率经营现金流/净利润 | — | 2.06× |
| 过去12个月自由现金流最近4个季度 | $298.0M | $-1.4B |
8季度趋势，按日历期对齐
经营现金流DANPPL
| Q4 25 | $406.0M | $548.0M | ||
| Q3 25 | $111.0M | $966.0M | ||
| Q2 25 | $32.0M | $602.0M | ||
| Q1 25 | $-37.0M | $513.0M | ||
| Q4 24 | $302.0M | $511.0M | ||
| Q3 24 | $35.0M | $781.0M | ||
| Q2 24 | $215.0M | $766.0M | ||
| Q1 24 | $-102.0M | $282.0M |
自由现金流DANPPL
| Q4 25 | $345.0M | $-614.0M | ||
| Q3 25 | $62.0M | $-179.0M | ||
| Q2 25 | $3.0M | $-328.0M | ||
| Q1 25 | $-112.0M | $-280.0M | ||
| Q4 24 | $149.0M | $-349.0M | ||
| Q3 24 | $-11.0M | $102.0M | ||
| Q2 24 | $104.0M | $96.0M | ||
| Q1 24 | $-172.0M | $-314.0M |
自由现金流率DANPPL
| Q4 25 | 26.6% | -26.1% | ||
| Q3 25 | 3.2% | -8.0% | ||
| Q2 25 | 0.2% | -16.1% | ||
| Q1 25 | -4.8% | -11.0% | ||
| Q4 24 | 6.4% | -15.9% | ||
| Q3 24 | -0.4% | 4.9% | ||
| Q2 24 | 3.8% | 5.1% | ||
| Q1 24 | -6.3% | -13.6% |
资本支出强度DANPPL
| Q4 25 | 4.7% | 49.5% | ||
| Q3 25 | 2.6% | 51.2% | ||
| Q2 25 | 1.5% | 45.6% | ||
| Q1 25 | 3.2% | 31.2% | ||
| Q4 24 | 6.6% | 39.3% | ||
| Q3 24 | 1.9% | 32.7% | ||
| Q2 24 | 4.1% | 35.8% | ||
| Q1 24 | 2.6% | 25.9% |
现金转化率DANPPL
| Q4 25 | — | 2.06× | ||
| Q3 25 | 1.34× | 3.04× | ||
| Q2 25 | 1.19× | 3.29× | ||
| Q1 25 | -1.48× | 1.24× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | 8.75× | 3.65× | ||
| Q2 24 | 13.44× | 4.03× | ||
| Q1 24 | -34.00× | 0.92× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
