vs
ENBRIDGE INC（ENB）与Tractor Supply（TSCO）财务数据对比。点击上方公司名可切换其他公司
ENBRIDGE INC的季度营收约是Tractor Supply的1.6倍（$5.7B vs $3.6B），ENBRIDGE INC净利率更高（26.2% vs 4.6%，领先21.7%），Tractor Supply同比增速更快（100.0% vs 5.3%），过去两年ENBRIDGE INC的营收复合增速更高（7.6% vs -8.0%）
加拿大恩布里奇公司（Enbridge Inc.）是总部位于阿尔伯塔省卡尔加里的跨国能源管道企业，在加拿大、美国运营管网输送原油、天然气及天然气液，同时布局可再生能源业务。其管网是北美最长、全球规模最大的原油出口管网，拥有近2.9万公里原油管道及超3.83万公里天然气管道。
Tractor Supply Company成立于1938年，是美国连锁零售企业，主营家居装修、农业、园艺养护、牲畜、马术及宠物护理相关设备与用品，客群覆盖农民、牧场主、宠物主及土地所有者。截至2024年共开设2250家门店，总部位于田纳西州布伦特伍德，为纳斯达克上市的财富500强企业。
ENB vs TSCO — 直观对比
营收规模更大
ENB
是对方的1.6倍
$3.6B
营收增速更快
TSCO
高出94.7%
5.3%
净利率更高
ENB
高出21.7%
4.6%
两年增速更快
ENB
近两年复合增速
-8.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $3.6B |
| 净利润 | $1.5B | $164.5M |
| 毛利率 | — | 36.2% |
| 营业利润率 | 34.7% | 6.5% |
| 净利率 | 26.2% | 4.6% |
| 营收同比 | 5.3% | 100.0% |
| 净利润同比 | 246.2% | 4.6% |
| 每股收益（稀释后） | — | $0.31 |
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ENBTSCO
| Q1 26 | — | $3.6B | ||
| Q4 25 | $5.7B | $3.9B | ||
| Q3 25 | $4.5B | $3.7B | ||
| Q2 25 | $4.8B | $4.4B | ||
| Q1 25 | $6.4B | $3.5B | ||
| Q4 24 | $5.4B | $3.8B | ||
| Q3 24 | $4.2B | $3.5B | ||
| Q2 24 | $4.3B | $4.2B |
净利润ENBTSCO
| Q1 26 | — | $164.5M | ||
| Q4 25 | $1.5B | $227.4M | ||
| Q3 25 | $575.2M | $259.3M | ||
| Q2 25 | $1.7B | $430.0M | ||
| Q1 25 | $1.7B | $179.4M | ||
| Q4 24 | $434.4M | $236.4M | ||
| Q3 24 | $1.0B | $241.5M | ||
| Q2 24 | $1.4B | $425.2M |
毛利率ENBTSCO
| Q1 26 | — | 36.2% | ||
| Q4 25 | — | 35.1% | ||
| Q3 25 | — | 37.4% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | — | 35.2% | ||
| Q3 24 | — | 37.2% | ||
| Q2 24 | 7.5% | 36.6% |
营业利润率ENBTSCO
| Q1 26 | — | 6.5% | ||
| Q4 25 | 34.7% | 7.6% | ||
| Q3 25 | 36.9% | 9.2% | ||
| Q2 25 | 35.1% | 13.0% | ||
| Q1 25 | 41.7% | 7.2% | ||
| Q4 24 | 32.8% | 8.4% | ||
| Q3 24 | 38.7% | 9.4% | ||
| Q2 24 | 38.3% | 13.2% |
净利率ENBTSCO
| Q1 26 | — | 4.6% | ||
| Q4 25 | 26.2% | 5.8% | ||
| Q3 25 | 12.8% | 7.0% | ||
| Q2 25 | 34.9% | 9.7% | ||
| Q1 25 | 26.8% | 5.2% | ||
| Q4 24 | 8.0% | 6.3% | ||
| Q3 24 | 24.3% | 7.0% | ||
| Q2 24 | 32.8% | 10.0% |
每股收益（稀释后）ENBTSCO
| Q1 26 | — | $0.31 | ||
| Q4 25 | — | $0.42 | ||
| Q3 25 | — | $0.49 | ||
| Q2 25 | — | $0.81 | ||
| Q1 25 | — | $0.34 | ||
| Q4 24 | — | $-5.96 | ||
| Q3 24 | — | $2.24 | ||
| Q2 24 | — | $3.93 |
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 | $798.6M | $224.3M |
| 总债务越低越好 | $72.2B | $2.1B |
| 股东权益账面价值 | $45.5B | $2.5B |
| 总资产 | $159.5B | $11.7B |
| 负债/权益比越低杠杆越低 | 1.59× | 0.85× |
8季度趋势，按日历期对齐
现金及短期投资ENBTSCO
| Q1 26 | — | $224.3M | ||
| Q4 25 | $798.6M | $194.1M | ||
| Q3 25 | $1.0B | $184.6M | ||
| Q2 25 | $878.2M | $225.8M | ||
| Q1 25 | $1.5B | $231.7M | ||
| Q4 24 | $1.3B | $251.5M | ||
| Q3 24 | $1.4B | $186.3M | ||
| Q2 24 | $2.6B | $394.7M |
总债务ENBTSCO
| Q1 26 | — | $2.1B | ||
| Q4 25 | $72.2B | $150.0M | ||
| Q3 25 | $73.4B | — | ||
| Q2 25 | $70.8B | — | ||
| Q1 25 | $70.9B | — | ||
| Q4 24 | $68.2B | $150.0M | ||
| Q3 24 | $63.7B | — | ||
| Q2 24 | $62.2B | — |
股东权益ENBTSCO
| Q1 26 | — | $2.5B | ||
| Q4 25 | $45.5B | $2.6B | ||
| Q3 25 | $47.6B | $2.6B | ||
| Q2 25 | $47.8B | $2.5B | ||
| Q1 25 | $49.8B | $2.2B | ||
| Q4 24 | $48.1B | $2.3B | ||
| Q3 24 | $48.0B | $2.3B | ||
| Q2 24 | $49.1B | $2.3B |
总资产ENBTSCO
| Q1 26 | — | $11.7B | ||
| Q4 25 | $159.5B | $10.9B | ||
| Q3 25 | $158.4B | $10.9B | ||
| Q2 25 | $154.5B | $10.6B | ||
| Q1 25 | $160.6B | $10.4B | ||
| Q4 24 | $159.9B | $9.8B | ||
| Q3 24 | $150.2B | $9.8B | ||
| Q2 24 | $146.9B | $9.8B |
负债/权益比ENBTSCO
| Q1 26 | — | 0.85× | ||
| Q4 25 | 1.59× | 0.06× | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 1.42× | — | ||
| Q4 24 | 1.42× | 0.07× | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.27× | — |
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 | $9.0B | $91.1M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | — |
| 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 | 114.3% | 5.6% |
| 现金转化率经营现金流/净利润 | 5.96× | 0.55× |
| 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ENBTSCO
| Q1 26 | — | $91.1M | ||
| Q4 25 | $9.0B | $324.8M | ||
| Q3 25 | — | $307.9M | ||
| Q2 25 | — | $785.8M | ||
| Q1 25 | $2.2B | $216.8M | ||
| Q4 24 | $9.2B | $517.2M | ||
| Q3 24 | — | $86.3M | ||
| Q2 24 | — | $559.9M |
自由现金流ENBTSCO
| Q1 26 | — | — | ||
| Q4 25 | $2.4B | $59.3M | ||
| Q3 25 | — | $30.3M | ||
| Q2 25 | — | $575.4M | ||
| Q1 25 | $970.9M | $75.5M | ||
| Q4 24 | $4.3B | $271.2M | ||
| Q3 24 | — | $-101.9M | ||
| Q2 24 | — | $367.3M |
自由现金流率ENBTSCO
| Q1 26 | — | — | ||
| Q4 25 | 42.0% | 1.5% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 13.0% | ||
| Q1 25 | 15.1% | 2.2% | ||
| Q4 24 | 79.0% | 7.2% | ||
| Q3 24 | — | -2.9% | ||
| Q2 24 | — | 8.6% |
资本支出强度ENBTSCO
| Q1 26 | — | 5.6% | ||
| Q4 25 | 114.3% | 6.8% | ||
| Q3 25 | — | 7.5% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | 19.6% | 4.1% | ||
| Q4 24 | 90.1% | 6.5% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 4.5% |
现金转化率ENBTSCO
| Q1 26 | — | 0.55× | ||
| Q4 25 | 5.96× | 1.43× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | 1.29× | 1.21× | ||
| Q4 24 | 21.18× | 2.19× | ||
| Q3 24 | — | 0.36× | ||
| Q2 24 | — | 1.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
