vs
Diversified Energy Co（DEC）与MAXIMUS, INC.（MMS）财务数据对比。点击上方公司名可切换其他公司
MAXIMUS, INC.的季度营收约是Diversified Energy Co的2.0倍（$1.3B vs $666.5M），MAXIMUS, INC.净利率更高（30.2% vs 29.3%，领先0.8%），MAXIMUS, INC.自由现金流更多（$450.0M vs $280.0M）
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。
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
DEC vs MMS — 直观对比
营收规模更大
MMS
是对方的2.0倍
$666.5M
净利率更高
MMS
高出0.8%
29.3%
自由现金流更多
MMS
多$170.0M
$280.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $1.3B |
| 净利润 | $195.5M | $394.0M |
| 毛利率 | — | 26.2% |
| 营业利润率 | 37.6% | 11.4% |
| 净利率 | 29.3% | 30.2% |
| 营收同比 | — | -2.8% |
| 净利润同比 | — | -4.1% |
| 每股收益（稀释后） | — | $7.27 |
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DECMMS
| Q1 26 | — | $1.3B | ||
| Q4 25 | $666.5M | $1.3B | ||
| Q3 25 | $499.8M | $1.3B | ||
| Q2 25 | $600.3M | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
净利润DECMMS
| Q1 26 | — | $394.0M | ||
| Q4 25 | $195.5M | $93.9M | ||
| Q3 25 | $171.1M | $75.3M | ||
| Q2 25 | $297.7M | $106.0M | ||
| Q1 25 | — | $96.6M | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | — | $72.5M | ||
| Q2 24 | — | $89.8M |
毛利率DECMMS
| Q1 26 | — | 26.2% | ||
| Q4 25 | — | 23.7% | ||
| Q3 25 | — | 25.3% | ||
| Q2 25 | 44.7% | 26.7% | ||
| Q1 25 | — | 24.9% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 25.3% |
营业利润率DECMMS
| Q1 26 | — | 11.4% | ||
| Q4 25 | 37.6% | 10.9% | ||
| Q3 25 | 36.2% | 9.3% | ||
| Q2 25 | 48.5% | 12.3% | ||
| Q1 25 | — | 11.2% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 8.5% | ||
| Q2 24 | — | 10.8% |
净利率DECMMS
| Q1 26 | — | 30.2% | ||
| Q4 25 | 29.3% | 7.0% | ||
| Q3 25 | 34.2% | 5.7% | ||
| Q2 25 | 49.6% | 7.9% | ||
| Q1 25 | — | 7.1% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.8% |
每股收益（稀释后）DECMMS
| Q1 26 | — | $7.27 | ||
| Q4 25 | — | $1.70 | ||
| Q3 25 | $2.14 | $1.27 | ||
| Q2 25 | $3.67 | $1.86 | ||
| Q1 25 | — | $1.69 | ||
| Q4 24 | — | $0.69 | ||
| Q3 24 | — | $1.18 | ||
| Q2 24 | — | $1.46 |
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 | $157.5M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $984.1M | $1.7B |
| 总资产 | $6.2B | $4.2B |
| 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DECMMS
| Q1 26 | — | $157.5M | ||
| Q4 25 | $29.7M | $137.6M | ||
| Q3 25 | — | $222.4M | ||
| Q2 25 | $23.7M | $59.8M | ||
| Q1 25 | — | $108.1M | ||
| Q4 24 | — | $72.7M | ||
| Q3 24 | — | $183.1M | ||
| Q2 24 | — | $102.8M |
总债务DECMMS
| Q1 26 | — | — | ||
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DECMMS
| Q1 26 | — | $1.7B | ||
| Q4 25 | $984.1M | $1.7B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $727.7M | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B |
总资产DECMMS
| Q1 26 | — | $4.2B | ||
| Q4 25 | $6.2B | $4.2B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | $5.7B | $4.5B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.0B |
负债/权益比DECMMS
| Q1 26 | — | — | ||
| Q4 25 | 2.76× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 自由现金流经营现金流 - 资本支出 | $280.0M | $450.0M |
| 自由现金流率自由现金流/营收 | 42.0% | 34.5% |
| 资本支出强度资本支出/营收 | 27.7% | — |
| 现金转化率经营现金流/净利润 | 2.38× | — |
| 过去12个月自由现金流最近4个季度 | — | $643.0M |
8季度趋势，按日历期对齐
经营现金流DECMMS
| Q1 26 | — | — | ||
| Q4 25 | $464.6M | $-244.4M | ||
| Q3 25 | — | $649.4M | ||
| Q2 25 | $264.1M | $-182.7M | ||
| Q1 25 | — | $42.7M | ||
| Q4 24 | — | $-80.0M | ||
| Q3 24 | — | $163.8M | ||
| Q2 24 | — | $199.3M |
自由现金流DECMMS
| Q1 26 | — | $450.0M | ||
| Q4 25 | $280.0M | $-250.7M | ||
| Q3 25 | — | $641.8M | ||
| Q2 25 | — | $-198.2M | ||
| Q1 25 | — | $25.5M | ||
| Q4 24 | — | $-103.0M | ||
| Q3 24 | — | $131.9M | ||
| Q2 24 | — | $164.6M |
自由现金流率DECMMS
| Q1 26 | — | 34.5% | ||
| Q4 25 | 42.0% | -18.6% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | — | -14.7% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | -7.3% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 12.5% |
资本支出强度DECMMS
| Q1 26 | — | — | ||
| Q4 25 | 27.7% | 0.5% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.6% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 2.6% |
现金转化率DECMMS
| Q1 26 | — | — | ||
| Q4 25 | 2.38× | -2.60× | ||
| Q3 25 | — | 8.63× | ||
| Q2 25 | 0.89× | -1.72× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | -1.94× | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.22× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
