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DTE Energy（DTE）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
DTE Energy的季度营收约是J.M. Smucker Company (The)的1.9倍（$4.4B vs $2.3B），J.M. Smucker Company (The)净利率更高（10.4% vs 8.3%，领先2.0%），DTE Energy同比增速更快（28.9% vs 2.6%），过去两年DTE Energy的营收复合增速更高（16.9% vs 2.2%）
DTE Energy是总部位于美国底特律的多元化能源企业，业务范围覆盖美国和加拿大，专注于能源相关业务及服务的开发与运营。旗下运营板块包括密歇根州的电力及天然气公用事业公司，分别服务220万和130万用户。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
DTE vs SJM — 直观对比
营收规模更大
DTE
是对方的1.9倍
$2.3B
营收增速更快
DTE
高出26.3%
2.6%
净利率更高
SJM
高出2.0%
8.3%
两年增速更快
DTE
近两年复合增速
2.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $2.3B |
| 净利润 | $369.0M | $241.3M |
| 毛利率 | — | 37.3% |
| 营业利润率 | 15.9% | 18.0% |
| 净利率 | 8.3% | 10.4% |
| 营收同比 | 28.9% | 2.6% |
| 净利润同比 | 26.4% | 1084.9% |
| 每股收益（稀释后） | $1.78 | $2.26 |
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DTESJM
| Q4 25 | $4.4B | $2.3B | ||
| Q3 25 | $3.5B | $2.1B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $4.4B | $2.2B | ||
| Q4 24 | $3.4B | $2.3B | ||
| Q3 24 | $2.9B | $2.1B | ||
| Q2 24 | $2.9B | $2.2B | ||
| Q1 24 | $3.2B | $2.2B |
净利润DTESJM
| Q4 25 | $369.0M | $241.3M | ||
| Q3 25 | $419.0M | $-43.9M | ||
| Q2 25 | $229.0M | $-729.0M | ||
| Q1 25 | $445.0M | $-662.3M | ||
| Q4 24 | $292.0M | $-24.5M | ||
| Q3 24 | $477.0M | $185.0M | ||
| Q2 24 | $322.0M | $245.1M | ||
| Q1 24 | $313.0M | $120.4M |
毛利率DTESJM
| Q4 25 | — | 37.3% | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 38.4% | ||
| Q1 25 | — | 40.2% | ||
| Q4 24 | — | 39.0% | ||
| Q3 24 | — | 37.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 36.9% |
营业利润率DTESJM
| Q4 25 | 15.9% | 18.0% | ||
| Q3 25 | 17.6% | 2.2% | ||
| Q2 25 | 12.5% | -27.9% | ||
| Q1 25 | 14.1% | -27.2% | ||
| Q4 24 | 16.2% | 7.5% | ||
| Q3 24 | 17.8% | 16.4% | ||
| Q2 24 | 17.5% | 18.4% | ||
| Q1 24 | 16.0% | 13.3% |
净利率DTESJM
| Q4 25 | 8.3% | 10.4% | ||
| Q3 25 | 11.9% | -2.1% | ||
| Q2 25 | 6.7% | -34.0% | ||
| Q1 25 | 10.0% | -30.3% | ||
| Q4 24 | 8.5% | -1.1% | ||
| Q3 24 | 16.4% | 8.7% | ||
| Q2 24 | 11.2% | 11.1% | ||
| Q1 24 | 9.7% | 5.4% |
每股收益（稀释后）DTESJM
| Q4 25 | $1.78 | $2.26 | ||
| Q3 25 | $2.01 | $-0.41 | ||
| Q2 25 | $1.10 | $-6.86 | ||
| Q1 25 | $2.14 | $-6.22 | ||
| Q4 24 | $1.41 | $-0.23 | ||
| Q3 24 | $2.30 | $1.74 | ||
| Q2 24 | $1.55 | $2.31 | ||
| Q1 24 | $1.51 | $1.13 |
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 | $208.0M | — |
| 总债务越低越好 | $23.8B | $7.0B |
| 股东权益账面价值 | $12.3B | $6.1B |
| 总资产 | $54.1B | $17.6B |
| 负债/权益比越低杠杆越低 | 1.93× | 1.16× |
8季度趋势，按日历期对齐
现金及短期投资DTESJM
| Q4 25 | $208.0M | — | ||
| Q3 25 | $34.0M | — | ||
| Q2 25 | $32.0M | — | ||
| Q1 25 | $33.0M | — | ||
| Q4 24 | $24.0M | — | ||
| Q3 24 | $969.0M | — | ||
| Q2 24 | $20.0M | — | ||
| Q1 24 | $292.0M | — |
总债务DTESJM
| Q4 25 | $23.8B | $7.0B | ||
| Q3 25 | $24.5B | $7.0B | ||
| Q2 25 | $22.9B | $7.0B | ||
| Q1 25 | $21.8B | $7.4B | ||
| Q4 24 | $20.7B | $7.8B | ||
| Q3 24 | $20.5B | $7.8B | ||
| Q2 24 | $19.3B | $7.8B | ||
| Q1 24 | $19.2B | $8.1B |
股东权益DTESJM
| Q4 25 | $12.3B | $6.1B | ||
| Q3 25 | $12.2B | $5.9B | ||
| Q2 25 | $11.7B | $6.1B | ||
| Q1 25 | $11.9B | $6.9B | ||
| Q4 24 | $11.7B | $7.6B | ||
| Q3 24 | $11.6B | $7.8B | ||
| Q2 24 | $11.1B | $7.7B | ||
| Q1 24 | $11.2B | $7.6B |
总资产DTESJM
| Q4 25 | $54.1B | $17.6B | ||
| Q3 25 | $52.0B | $17.7B | ||
| Q2 25 | $50.2B | $17.6B | ||
| Q1 25 | $49.6B | $18.4B | ||
| Q4 24 | $48.8B | $20.0B | ||
| Q3 24 | $49.8B | $20.3B | ||
| Q2 24 | $47.8B | $20.3B | ||
| Q1 24 | $45.9B | $20.2B |
负债/权益比DTESJM
| Q4 25 | 1.93× | 1.16× | ||
| Q3 25 | 2.01× | 1.19× | ||
| Q2 25 | 1.96× | 1.16× | ||
| Q1 25 | 1.83× | 1.07× | ||
| Q4 24 | 1.77× | 1.02× | ||
| Q3 24 | 1.76× | 1.00× | ||
| Q2 24 | 1.74× | 1.01× | ||
| Q1 24 | 1.72× | 1.07× |
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 | $1.0B | $346.5M |
| 自由现金流经营现金流 - 资本支出 | — | $280.2M |
| 自由现金流率自由现金流/营收 | — | 12.0% |
| 资本支出强度资本支出/营收 | — | 2.8% |
| 现金转化率经营现金流/净利润 | 2.84× | 1.44× |
| 过去12个月自由现金流最近4个季度 | — | $635.5M |
8季度趋势，按日历期对齐
经营现金流DTESJM
| Q4 25 | $1.0B | $346.5M | ||
| Q3 25 | $632.0M | $-10.6M | ||
| Q2 25 | $709.0M | $393.9M | ||
| Q1 25 | $1.0B | $239.4M | ||
| Q4 24 | $1.1B | $404.2M | ||
| Q3 24 | $758.0M | $172.9M | ||
| Q2 24 | $759.0M | $428.1M | ||
| Q1 24 | $1.0B | $406.5M |
自由现金流DTESJM
| Q4 25 | — | $280.2M | ||
| Q3 25 | — | $-94.9M | ||
| Q2 25 | — | $298.9M | ||
| Q1 25 | — | $151.3M | ||
| Q4 24 | — | $317.2M | ||
| Q3 24 | — | $49.2M | ||
| Q2 24 | — | $297.5M | ||
| Q1 24 | — | $249.6M |
自由现金流率DTESJM
| Q4 25 | — | 12.0% | ||
| Q3 25 | — | -4.5% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | 6.9% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 13.5% | ||
| Q1 24 | — | 11.2% |
资本支出强度DTESJM
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | 7.0% |
现金转化率DTESJM
| Q4 25 | 2.84× | 1.44× | ||
| Q3 25 | 1.51× | — | ||
| Q2 25 | 3.10× | — | ||
| Q1 25 | 2.29× | — | ||
| Q4 24 | 3.71× | — | ||
| Q3 24 | 1.59× | 0.93× | ||
| Q2 24 | 2.36× | 1.75× | ||
| Q1 24 | 3.33× | 3.38× |
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
DTE
| Electric Segment | $1.8B | 40% |
| Residential | $723.0M | 16% |
| Gas Segment | $651.0M | 15% |
| Commercial | $524.0M | 12% |
| Other | $333.0M | 8% |
| DTE Vantage Segment | $176.0M | 4% |
| Industrial | $159.0M | 4% |
| End User Transportation | $69.0M | 2% |
| Intermediate Transportation | $25.0M | 1% |
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
