vs
Diversified Energy Co（DEC）与Global Business Travel Group, Inc.（GBTG）财务数据对比。点击上方公司名可切换其他公司
Global Business Travel Group, Inc.的季度营收约是Diversified Energy Co的1.2倍（$792.0M vs $666.5M），Diversified Energy Co净利率更高（29.3% vs 10.5%，领先18.8%），Diversified Energy Co自由现金流更多（$280.0M vs $13.0M）
DTE能源是一家总部位于底特律的综合能源企业，在美国与加拿大开展能源相关业务的开发与运营。公司业务板块涵盖电力与燃气公用事业，其中电力业务为密歇根州220万客户服务，燃气业务则服务于该州130万客户。
环球商旅集团（GBTG）是专业的差旅管理服务商，致力于为各类企业及机构提供全链路商务出行解决方案。核心服务涵盖智能线上预订工具、移动端应用、差旅项目管控与咨询、高管专属出行服务、会议活动支持、差旅数据分析以及出行安全保障等，可满足不同规模客户的多元化商务出行管理需求。
DEC vs GBTG — 直观对比
营收规模更大
GBTG
是对方的1.2倍
$666.5M
净利率更高
DEC
高出18.8%
10.5%
自由现金流更多
DEC
多$267.0M
$13.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $792.0M |
| 净利润 | $195.5M | $83.0M |
| 毛利率 | — | — |
| 营业利润率 | 37.6% | 3.7% |
| 净利率 | 29.3% | 10.5% |
| 营收同比 | — | 34.0% |
| 净利润同比 | — | 692.9% |
| 每股收益（稀释后） | — | $0.16 |
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DECGBTG
| Q4 25 | $666.5M | $792.0M | ||
| Q3 25 | $499.8M | $674.0M | ||
| Q2 25 | $600.3M | $631.0M | ||
| Q1 25 | — | $621.0M | ||
| Q4 24 | — | $591.0M | ||
| Q3 24 | — | $597.0M | ||
| Q2 24 | — | $625.0M | ||
| Q1 24 | — | $610.0M |
净利润DECGBTG
| Q4 25 | $195.5M | $83.0M | ||
| Q3 25 | $171.1M | $-62.0M | ||
| Q2 25 | $297.7M | $15.0M | ||
| Q1 25 | — | $75.0M | ||
| Q4 24 | — | $-14.0M | ||
| Q3 24 | — | $-128.0M | ||
| Q2 24 | — | $27.0M | ||
| Q1 24 | — | $-19.0M |
毛利率DECGBTG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 44.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率DECGBTG
| Q4 25 | 37.6% | 3.7% | ||
| Q3 25 | 36.2% | 1.8% | ||
| Q2 25 | 48.5% | 5.4% | ||
| Q1 25 | — | 8.9% | ||
| Q4 24 | — | 5.1% | ||
| Q3 24 | — | 4.5% | ||
| Q2 24 | — | 6.7% | ||
| Q1 24 | — | 2.6% |
净利率DECGBTG
| Q4 25 | 29.3% | 10.5% | ||
| Q3 25 | 34.2% | -9.2% | ||
| Q2 25 | 49.6% | 2.4% | ||
| Q1 25 | — | 12.1% | ||
| Q4 24 | — | -2.4% | ||
| Q3 24 | — | -21.4% | ||
| Q2 24 | — | 4.3% | ||
| Q1 24 | — | -3.1% |
每股收益（稀释后）DECGBTG
| Q4 25 | — | $0.16 | ||
| Q3 25 | $2.14 | $-0.13 | ||
| Q2 25 | $3.67 | $0.03 | ||
| Q1 25 | — | $0.16 | ||
| Q4 24 | — | $-0.04 | ||
| Q3 24 | — | $-0.28 | ||
| Q2 24 | — | $0.06 | ||
| Q1 24 | — | $-0.04 |
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 | $29.7M | $434.0M |
| 总债务越低越好 | $2.7B | $1.4B |
| 股东权益账面价值 | $984.1M | $1.6B |
| 总资产 | $6.2B | $4.9B |
| 负债/权益比越低杠杆越低 | 2.76× | 0.88× |
8季度趋势，按日历期对齐
现金及短期投资DECGBTG
| Q4 25 | $29.7M | $434.0M | ||
| Q3 25 | — | $427.0M | ||
| Q2 25 | $23.7M | $601.0M | ||
| Q1 25 | — | $552.0M | ||
| Q4 24 | — | $536.0M | ||
| Q3 24 | — | $524.0M | ||
| Q2 24 | — | $515.0M | ||
| Q1 24 | — | $475.0M |
总债务DECGBTG
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DECGBTG
| Q4 25 | $984.1M | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | $727.7M | $1.2B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总资产DECGBTG
| Q4 25 | $6.2B | $4.9B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | $5.7B | $3.9B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.8B | ||
| Q2 24 | — | $3.8B | ||
| Q1 24 | — | $3.8B |
负债/权益比DECGBTG
| Q4 25 | 2.76× | 0.88× | ||
| Q3 25 | — | 0.91× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.32× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $464.6M | $52.0M |
| 自由现金流经营现金流 - 资本支出 | $280.0M | $13.0M |
| 自由现金流率自由现金流/营收 | 42.0% | 1.6% |
| 资本支出强度资本支出/营收 | 27.7% | 4.9% |
| 现金转化率经营现金流/净利润 | 2.38× | 0.63× |
| 过去12个月自由现金流最近4个季度 | — | $104.0M |
8季度趋势，按日历期对齐
经营现金流DECGBTG
| Q4 25 | $464.6M | $52.0M | ||
| Q3 25 | — | $71.0M | ||
| Q2 25 | $264.1M | $57.0M | ||
| Q1 25 | — | $53.0M | ||
| Q4 24 | — | $65.0M | ||
| Q3 24 | — | $85.0M | ||
| Q2 24 | — | $73.0M | ||
| Q1 24 | — | $49.0M |
自由现金流DECGBTG
| Q4 25 | $280.0M | $13.0M | ||
| Q3 25 | — | $38.0M | ||
| Q2 25 | — | $27.0M | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $59.0M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $24.0M |
自由现金流率DECGBTG
| Q4 25 | 42.0% | 1.6% | ||
| Q3 25 | — | 5.6% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 3.9% |
资本支出强度DECGBTG
| Q4 25 | 27.7% | 4.9% | ||
| Q3 25 | — | 4.9% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.8% | ||
| Q1 24 | — | 4.1% |
现金转化率DECGBTG
| Q4 25 | 2.38× | 0.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.89× | 3.80× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.70× | ||
| 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
DEC
暂无分部数据
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
