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Devon Energy（DVN）与FirstEnergy（FE）财务数据对比。点击上方公司名可切换其他公司
Devon Energy的季度营收约是FirstEnergy的1.0倍（$3.9B vs $3.8B），Devon Energy净利率更高（14.3% vs -1.3%，领先15.6%），FirstEnergy同比增速更快（19.6% vs -12.3%），Devon Energy自由现金流更多（$702.0M vs $-30.0M），过去两年FirstEnergy的营收复合增速更高（7.5% vs 2.6%）
Devon Energy是美国主营油气勘探开发的能源企业，注册地位于特拉华州，运营总部设在俄克拉荷马州俄克拉荷马市的50层Devon Energy中心，业务布局覆盖特拉华盆地、伊格尔福特产区及落基山脉区域。
FirstEnergy Corp是总部位于美国俄亥俄州阿克伦市的电力公用事业企业，主营电力供应、电网运营相关业务，于1997年由俄亥俄爱迪生公司与森特里奥尔能源公司合并组建，是美国中西部地区颇具影响力的公共事业服务商。
DVN vs FE — 直观对比
营收规模更大
DVN
是对方的1.0倍
$3.8B
营收增速更快
FE
高出31.8%
-12.3%
净利率更高
DVN
高出15.6%
-1.3%
自由现金流更多
DVN
多$732.0M
$-30.0M
两年增速更快
FE
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $3.8B |
| 净利润 | $562.0M | $-49.0M |
| 毛利率 | — | — |
| 营业利润率 | 19.0% | -0.6% |
| 净利率 | 14.3% | -1.3% |
| 营收同比 | -12.3% | 19.6% |
| 净利润同比 | -12.1% | -118.8% |
| 每股收益（稀释后） | $0.90 | $-0.08 |
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DVNFE
| Q4 25 | $3.9B | $3.8B | ||
| Q3 25 | $4.3B | $4.1B | ||
| Q2 25 | $4.0B | $3.4B | ||
| Q1 25 | $4.5B | $3.8B | ||
| Q4 24 | $4.5B | $3.2B | ||
| Q3 24 | $3.8B | $3.7B | ||
| Q2 24 | $3.9B | $3.3B | ||
| Q1 24 | $3.7B | $3.3B |
净利润DVNFE
| Q4 25 | $562.0M | $-49.0M | ||
| Q3 25 | $687.0M | $441.0M | ||
| Q2 25 | $899.0M | $268.0M | ||
| Q1 25 | $494.0M | $360.0M | ||
| Q4 24 | $639.0M | $261.0M | ||
| Q3 24 | $812.0M | $419.0M | ||
| Q2 24 | $844.0M | $45.0M | ||
| Q1 24 | $596.0M | $253.0M |
营业利润率DVNFE
| Q4 25 | 19.0% | -0.6% | ||
| Q3 25 | 21.5% | 20.0% | ||
| Q2 25 | 28.7% | 19.1% | ||
| Q1 25 | 14.2% | 20.0% | ||
| Q4 24 | 18.7% | 19.3% | ||
| Q3 24 | 28.0% | 19.5% | ||
| Q2 24 | 26.7% | 12.9% | ||
| Q1 24 | 20.5% | 18.6% |
净利率DVNFE
| Q4 25 | 14.3% | -1.3% | ||
| Q3 25 | 16.2% | 10.6% | ||
| Q2 25 | 22.2% | 7.9% | ||
| Q1 25 | 10.9% | 9.6% | ||
| Q4 24 | 14.2% | 8.2% | ||
| Q3 24 | 21.4% | 11.2% | ||
| Q2 24 | 21.7% | 1.4% | ||
| Q1 24 | 15.9% | 7.7% |
每股收益（稀释后）DVNFE
| Q4 25 | $0.90 | $-0.08 | ||
| Q3 25 | $1.09 | $0.76 | ||
| Q2 25 | $1.41 | $0.46 | ||
| Q1 25 | $0.77 | $0.62 | ||
| Q4 24 | $0.98 | $0.45 | ||
| Q3 24 | $1.30 | $0.73 | ||
| Q2 24 | $1.34 | $0.08 | ||
| Q1 24 | $0.94 | $0.44 |
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 | $1.4B | $57.0M |
| 总债务越低越好 | $8.4B | $25.5B |
| 股东权益账面价值 | $15.5B | $12.5B |
| 总资产 | $31.6B | $55.9B |
| 负债/权益比越低杠杆越低 | 0.54× | 2.04× |
8季度趋势，按日历期对齐
现金及短期投资DVNFE
| Q4 25 | $1.4B | $57.0M | ||
| Q3 25 | $1.2B | $1.4B | ||
| Q2 25 | $1.7B | $569.0M | ||
| Q1 25 | $1.2B | $132.0M | ||
| Q4 24 | $811.0M | $111.0M | ||
| Q3 24 | $645.0M | $439.0M | ||
| Q2 24 | $1.1B | $60.0M | ||
| Q1 24 | $1.1B | $888.0M |
总债务DVNFE
| Q4 25 | $8.4B | $25.5B | ||
| Q3 25 | $8.4B | $25.5B | ||
| Q2 25 | $8.9B | $23.7B | ||
| Q1 25 | $8.9B | $21.2B | ||
| Q4 24 | $8.9B | $22.5B | ||
| Q3 24 | $8.9B | $21.6B | ||
| Q2 24 | $6.1B | $20.8B | ||
| Q1 24 | $6.1B | $21.7B |
股东权益DVNFE
| Q4 25 | $15.5B | $12.5B | ||
| Q3 25 | $15.3B | $12.8B | ||
| Q2 25 | $15.1B | $12.9B | ||
| Q1 25 | $14.5B | $12.6B | ||
| Q4 24 | $14.5B | $12.5B | ||
| Q3 24 | $14.3B | $12.4B | ||
| Q2 24 | $12.6B | $12.5B | ||
| Q1 24 | $12.2B | $12.4B |
总资产DVNFE
| Q4 25 | $31.6B | $55.9B | ||
| Q3 25 | $31.2B | $55.9B | ||
| Q2 25 | $31.4B | $54.2B | ||
| Q1 25 | $30.9B | $52.8B | ||
| Q4 24 | $30.5B | $52.0B | ||
| Q3 24 | $30.3B | $50.8B | ||
| Q2 24 | $25.2B | $51.0B | ||
| Q1 24 | $25.0B | $51.3B |
负债/权益比DVNFE
| Q4 25 | 0.54× | 2.04× | ||
| Q3 25 | 0.55× | 1.99× | ||
| Q2 25 | 0.59× | 1.85× | ||
| Q1 25 | 0.61× | 1.69× | ||
| Q4 24 | 0.61× | 1.81× | ||
| Q3 24 | 0.62× | 1.74× | ||
| Q2 24 | 0.49× | 1.67× | ||
| Q1 24 | 0.51× | 1.75× |
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 | $1.5B | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $702.0M | $-30.0M |
| 自由现金流率自由现金流/营收 | 17.8% | -0.8% |
| 资本支出强度资本支出/营收 | 21.1% | 30.7% |
| 现金转化率经营现金流/净利润 | 2.73× | — |
| 过去12个月自由现金流最近4个季度 | $3.1B | $-1.0B |
8季度趋势，按日历期对齐
经营现金流DVNFE
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.7B | $845.0M | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.9B | $637.0M | ||
| Q4 24 | $1.7B | $1.0B | ||
| Q3 24 | $1.7B | $775.0M | ||
| Q2 24 | $1.5B | $1.1B | ||
| Q1 24 | $1.7B | $-40.0M |
自由现金流DVNFE
| Q4 25 | $702.0M | $-30.0M | ||
| Q3 25 | $820.0M | $-471.0M | ||
| Q2 25 | $589.0M | $-136.0M | ||
| Q1 25 | $1.0B | $-368.0M | ||
| Q4 24 | $738.0M | $-250.0M | ||
| Q3 24 | $786.0M | $-229.0M | ||
| Q2 24 | $587.0M | $170.0M | ||
| Q1 24 | $844.0M | $-830.0M |
自由现金流率DVNFE
| Q4 25 | 17.8% | -0.8% | ||
| Q3 25 | 19.3% | -11.4% | ||
| Q2 25 | 14.6% | -4.0% | ||
| Q1 25 | 22.2% | -9.8% | ||
| Q4 24 | 16.4% | -7.9% | ||
| Q3 24 | 20.7% | -6.1% | ||
| Q2 24 | 15.1% | 5.2% | ||
| Q1 24 | 22.6% | -25.3% |
资本支出强度DVNFE
| Q4 25 | 21.1% | 30.7% | ||
| Q3 25 | 20.5% | 31.7% | ||
| Q2 25 | 23.6% | 36.0% | ||
| Q1 25 | 20.5% | 26.7% | ||
| Q4 24 | 20.6% | 40.7% | ||
| Q3 24 | 23.1% | 26.9% | ||
| Q2 24 | 24.3% | 28.7% | ||
| Q1 24 | 23.9% | 24.0% |
现金转化率DVNFE
| Q4 25 | 2.73× | — | ||
| Q3 25 | 2.46× | 1.92× | ||
| Q2 25 | 1.72× | 4.04× | ||
| Q1 25 | 3.93× | 1.77× | ||
| Q4 24 | 2.60× | 4.00× | ||
| Q3 24 | 2.05× | 1.85× | ||
| Q2 24 | 1.82× | 24.71× | ||
| Q1 24 | 2.92× | -0.16× |
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
DVN
| Oil Gas And NGL Sales | $2.6B | 65% |
| Marketing And Midstream Revenues | $1.4B | 35% |
FE
| Integrated Segment | $1.4B | 37% |
| Other | $1.4B | 36% |
| Stand Alone Transmission Segment | $466.0M | 12% |
| Industrial Customers | $167.0M | 4% |
| Mid Atlantic Interstate Transmission LLC | $118.0M | 3% |
| Transmission | $105.0M | 3% |
| Transmission Segment | $68.0M | 2% |
| Tr AIL | $63.0M | 2% |
| Internal Customers | $10.0M | 0% |
| Wholesale Sales | $6.0M | 0% |
