vs
Diversified Energy Co（DEC）与Liberty Global Ltd.（LBTYA）财务数据对比。点击上方公司名可切换其他公司
Liberty Global Ltd.的季度营收约是Diversified Energy Co的3.6倍（$2.4B vs $666.5M），Diversified Energy Co净利率更高（29.3% vs 15.0%，领先14.3%）
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。
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
DEC vs LBTYA — 直观对比
营收规模更大
LBTYA
是对方的3.6倍
$666.5M
净利率更高
DEC
高出14.3%
15.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $2.4B |
| 净利润 | $195.5M | $358.2M |
| 毛利率 | — | — |
| 营业利润率 | 37.6% | 1.0% |
| 净利率 | 29.3% | 15.0% |
| 营收同比 | — | -3.6% |
| 净利润同比 | — | 127.1% |
| 每股收益（稀释后） | — | — |
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DECLBTYA
| Q1 26 | — | $2.4B | ||
| Q4 25 | $666.5M | $1.2B | ||
| Q3 25 | $499.8M | $1.2B | ||
| Q2 25 | $600.3M | $1.3B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $-1.4B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.9B |
净利润DECLBTYA
| Q1 26 | — | $358.2M | ||
| Q4 25 | $195.5M | $-2.9B | ||
| Q3 25 | $171.1M | $-90.7M | ||
| Q2 25 | $297.7M | $-2.8B | ||
| Q1 25 | — | $-1.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $-1.4B | ||
| Q2 24 | — | $268.1M |
毛利率DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | — | 66.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | 44.7% | 63.3% | ||
| Q1 25 | — | 65.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 69.4% | ||
| Q2 24 | — | 68.5% |
营业利润率DECLBTYA
| Q1 26 | — | 1.0% | ||
| Q4 25 | 37.6% | -8.6% | ||
| Q3 25 | 36.2% | -0.7% | ||
| Q2 25 | 48.5% | 2.3% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 1.0% |
净利率DECLBTYA
| Q1 26 | — | 15.0% | ||
| Q4 25 | 29.3% | -237.0% | ||
| Q3 25 | 34.2% | -7.5% | ||
| Q2 25 | 49.6% | -220.1% | ||
| Q1 25 | — | -114.2% | ||
| Q4 24 | — | -158.9% | ||
| Q3 24 | — | -74.1% | ||
| Q2 24 | — | 14.3% |
每股收益（稀释后）DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | — | $-8.66 | ||
| Q3 25 | $2.14 | $-0.27 | ||
| Q2 25 | $3.67 | $-8.09 | ||
| Q1 25 | — | $-3.84 | ||
| Q4 24 | — | $6.15 | ||
| Q3 24 | — | $-3.95 | ||
| Q2 24 | — | $0.71 |
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 | $-387.3M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $984.1M | — |
| 总资产 | $6.2B | — |
| 负债/权益比越低杠杆越低 | 2.76× | — |
8季度趋势，按日历期对齐
现金及短期投资DECLBTYA
| Q1 26 | — | $-387.3M | ||
| Q4 25 | $29.7M | $2.2B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $23.7M | $3.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | — | $3.2B |
总债务DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | $7.8B | ||
| Q3 25 | — | $7.8B | ||
| Q2 25 | — | $7.8B | ||
| Q1 25 | — | $8.2B | ||
| Q4 24 | — | $8.2B | ||
| Q3 24 | — | $14.9B | ||
| Q2 24 | — | $14.7B |
股东权益DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | $984.1M | $9.7B | ||
| Q3 25 | — | $12.7B | ||
| Q2 25 | $727.7M | $13.0B | ||
| Q1 25 | — | $12.6B | ||
| Q4 24 | — | $12.4B | ||
| Q3 24 | — | $18.7B | ||
| Q2 24 | — | $18.3B |
总资产DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | $6.2B | $22.6B | ||
| Q3 25 | — | $25.4B | ||
| Q2 25 | $5.7B | $27.2B | ||
| Q1 25 | — | $26.0B | ||
| Q4 24 | — | $25.4B | ||
| Q3 24 | — | $41.8B | ||
| Q2 24 | — | $40.8B |
负债/权益比DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | 2.76× | 0.80× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.80× | ||
| Q2 24 | — | 0.80× |
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 | $107.6M |
| 自由现金流经营现金流 - 资本支出 | $280.0M | — |
| 自由现金流率自由现金流/营收 | 42.0% | — |
| 资本支出强度资本支出/营收 | 27.7% | 1.5% |
| 现金转化率经营现金流/净利润 | 2.38× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DECLBTYA
| Q1 26 | — | $107.6M | ||
| Q4 25 | $464.6M | $630.9M | ||
| Q3 25 | — | $301.8M | ||
| Q2 25 | $264.1M | $149.2M | ||
| Q1 25 | — | $129.2M | ||
| Q4 24 | — | $791.6M | ||
| Q3 24 | — | $449.5M | ||
| Q2 24 | — | $546.1M |
自由现金流DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | $280.0M | $193.3M | ||
| Q3 25 | — | $-41.1M | ||
| Q2 25 | — | $-170.1M | ||
| Q1 25 | — | $-114.1M | ||
| Q4 24 | — | $712.9M | ||
| Q3 24 | — | $102.4M | ||
| Q2 24 | — | $256.8M |
自由现金流率DECLBTYA
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | 15.7% | ||
| Q3 25 | — | -3.4% | ||
| Q2 25 | — | -13.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 13.7% |
资本支出强度DECLBTYA
| Q1 26 | — | 1.5% | ||
| Q4 25 | 27.7% | 35.5% | ||
| Q3 25 | — | 28.4% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 20.8% | ||
| Q4 24 | — | -5.6% | ||
| Q3 24 | — | 17.9% | ||
| Q2 24 | — | 15.4% |
现金转化率DECLBTYA
| Q1 26 | — | 0.30× | ||
| Q4 25 | 2.38× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.89× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.35× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.04× |
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
LBTYA
| Mobile Service | $775.2M | 32% |
| Fixed Service | $772.0M | 32% |
| Business | $308.7M | 13% |
| Wholesale | $256.9M | 11% |
| Business Service | $233.2M | 10% |
