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DTE Energy（DTE）与TransDigm Group（TDG）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TransDigm Group的1.9倍（$4.4B vs $2.3B），TransDigm Group净利率更高（19.5% vs 8.3%，领先11.1%），DTE Energy同比增速更快（28.9% vs 13.9%），过去两年DTE Energy的营收复合增速更高（16.9% vs 9.1%）
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。
TransDigm Group是总部位于美国俄亥俄州克利夫兰的上市航空航天制造企业，1993年由私募股权机构通过杠杆收购整合四家工业航空企业组建而成。公司专注于研发生产定制化航空航天部件，多年来通过多起收购持续拓展自身产品矩阵。
DTE vs TDG — 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15.0%
13.9%
净利率更高
TDG
高出11.1%
8.3%
两年增速更快
DTE
近两年复合增速
9.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $4.4B | $2.3B |
| 净利润 | $369.0M | $445.0M |
| 毛利率 | — | 59.2% |
| 营业利润率 | 15.9% | 45.6% |
| 净利率 | 8.3% | 19.5% |
| 营收同比 | 28.9% | 13.9% |
| 净利润同比 | 26.4% | -9.7% |
| 每股收益（稀释后） | $1.78 | $6.62 |
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DTETDG
| Q4 25 | $4.4B | $2.3B | ||
| Q3 25 | $3.5B | $2.4B | ||
| Q2 25 | $3.4B | $2.2B | ||
| Q1 25 | $4.4B | $2.1B | ||
| Q4 24 | $3.4B | $2.0B | ||
| Q3 24 | $2.9B | $2.2B | ||
| Q2 24 | $2.9B | $2.0B | ||
| Q1 24 | $3.2B | $1.9B |
净利润DTETDG
| Q4 25 | $369.0M | $445.0M | ||
| Q3 25 | $419.0M | $610.0M | ||
| Q2 25 | $229.0M | $492.0M | ||
| Q1 25 | $445.0M | $479.0M | ||
| Q4 24 | $292.0M | $493.0M | ||
| Q3 24 | $477.0M | $468.0M | ||
| Q2 24 | $322.0M | $461.0M | ||
| Q1 24 | $313.0M | $403.0M |
毛利率DTETDG
| Q4 25 | — | 59.2% | ||
| Q3 25 | — | 60.3% | ||
| Q2 25 | — | 59.5% | ||
| Q1 25 | — | 59.3% | ||
| Q4 24 | — | 61.6% | ||
| Q3 24 | — | 57.5% | ||
| Q2 24 | — | 59.6% | ||
| Q1 24 | — | 60.0% |
营业利润率DTETDG
| Q4 25 | 15.9% | 45.6% | ||
| Q3 25 | 17.6% | 47.6% | ||
| Q2 25 | 12.5% | 46.4% | ||
| Q1 25 | 14.1% | 46.1% | ||
| Q4 24 | 16.2% | 48.6% | ||
| Q3 24 | 17.8% | 43.1% | ||
| Q2 24 | 17.5% | 45.7% | ||
| Q1 24 | 16.0% | 45.2% |
净利率DTETDG
| Q4 25 | 8.3% | 19.5% | ||
| Q3 25 | 11.9% | 25.0% | ||
| Q2 25 | 6.7% | 22.0% | ||
| Q1 25 | 10.0% | 22.3% | ||
| Q4 24 | 8.5% | 24.6% | ||
| Q3 24 | 16.4% | 21.4% | ||
| Q2 24 | 11.2% | 22.5% | ||
| Q1 24 | 9.7% | 21.0% |
每股收益（稀释后）DTETDG
| Q4 25 | $1.78 | $6.62 | ||
| Q3 25 | $2.01 | $7.75 | ||
| Q2 25 | $1.10 | $8.47 | ||
| Q1 25 | $2.14 | $8.24 | ||
| Q4 24 | $1.41 | $7.62 | ||
| Q3 24 | $2.30 | $5.82 | ||
| Q2 24 | $1.55 | $7.96 | ||
| Q1 24 | $1.51 | $6.97 |
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 | $2.5B |
| 总债务越低越好 | $23.8B | $29.2B |
| 股东权益账面价值 | $12.3B | $-9.3B |
| 总资产 | $54.1B | $23.8B |
| 负债/权益比越低杠杆越低 | 1.93× | — |
8季度趋势，按日历期对齐
现金及短期投资DTETDG
| Q4 25 | $208.0M | $2.5B | ||
| Q3 25 | $34.0M | $2.8B | ||
| Q2 25 | $32.0M | $2.8B | ||
| Q1 25 | $33.0M | $2.4B | ||
| Q4 24 | $24.0M | $2.5B | ||
| Q3 24 | $969.0M | $6.3B | ||
| Q2 24 | $20.0M | $3.4B | ||
| Q1 24 | $292.0M | $4.3B |
总债务DTETDG
| Q4 25 | $23.8B | $29.2B | ||
| Q3 25 | $24.5B | $29.2B | ||
| Q2 25 | $22.9B | $24.3B | ||
| Q1 25 | $21.8B | $24.3B | ||
| Q4 24 | $20.7B | $24.3B | ||
| Q3 24 | $20.5B | $24.3B | ||
| Q2 24 | $19.3B | $21.4B | ||
| Q1 24 | $19.2B | $21.3B |
股东权益DTETDG
| Q4 25 | $12.3B | $-9.3B | ||
| Q3 25 | $12.2B | $-9.7B | ||
| Q2 25 | $11.7B | $-5.0B | ||
| Q1 25 | $11.9B | $-5.7B | ||
| Q4 24 | $11.7B | $-6.3B | ||
| Q3 24 | $11.6B | $-6.3B | ||
| Q2 24 | $11.1B | $-2.5B | ||
| Q1 24 | $11.2B | $-3.0B |
总资产DTETDG
| Q4 25 | $54.1B | $23.8B | ||
| Q3 25 | $52.0B | $22.9B | ||
| Q2 25 | $50.2B | $22.7B | ||
| Q1 25 | $49.6B | $21.9B | ||
| Q4 24 | $48.8B | $21.5B | ||
| Q3 24 | $49.8B | $25.6B | ||
| Q2 24 | $47.8B | $21.8B | ||
| Q1 24 | $45.9B | $21.6B |
负债/权益比DTETDG
| Q4 25 | 1.93× | — | ||
| Q3 25 | 2.01× | — | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.76× | — | ||
| Q2 24 | 1.74× | — | ||
| Q1 24 | 1.72× | — |
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 | $832.0M |
| 自由现金流经营现金流 - 资本支出 | — | $772.0M |
| 自由现金流率自由现金流/营收 | — | 33.8% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | 2.84× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | $1.9B |
8季度趋势，按日历期对齐
经营现金流DTETDG
| Q4 25 | $1.0B | $832.0M | ||
| Q3 25 | $632.0M | $507.0M | ||
| Q2 25 | $709.0M | $631.0M | ||
| Q1 25 | $1.0B | $148.0M | ||
| Q4 24 | $1.1B | $752.0M | ||
| Q3 24 | $758.0M | $572.0M | ||
| Q2 24 | $759.0M | $608.0M | ||
| Q1 24 | $1.0B | $229.0M |
自由现金流DTETDG
| Q4 25 | — | $772.0M | ||
| Q3 25 | — | $441.0M | ||
| Q2 25 | — | $573.0M | ||
| Q1 25 | — | $92.0M | ||
| Q4 24 | — | $710.0M | ||
| Q3 24 | — | $531.0M | ||
| Q2 24 | — | $568.0M | ||
| Q1 24 | — | $181.0M |
自由现金流率DTETDG
| Q4 25 | — | 33.8% | ||
| Q3 25 | — | 18.1% | ||
| Q2 25 | — | 25.6% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 35.4% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 27.8% | ||
| Q1 24 | — | 9.4% |
资本支出强度DTETDG
| Q4 25 | — | 2.6% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 2.6% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 2.5% |
现金转化率DTETDG
| Q4 25 | 2.84× | 1.87× | ||
| Q3 25 | 1.51× | 0.83× | ||
| Q2 25 | 3.10× | 1.28× | ||
| Q1 25 | 2.29× | 0.31× | ||
| Q4 24 | 3.71× | 1.53× | ||
| Q3 24 | 1.59× | 1.22× | ||
| Q2 24 | 2.36× | 1.32× | ||
| Q1 24 | 3.33× | 0.57× |
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% |
TDG
| Airframe | $1.0B | 45% |
| Defense | $603.0M | 26% |
| Commercial Aftermarket | $368.0M | 16% |
| Commercial OEM | $253.0M | 11% |
| Non Aviation Related Business | $40.0M | 2% |
