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Eversource Energy（ES）与COMFORT SYSTEMS USA INC（FIX）财务数据对比。点击上方公司名可切换其他公司
Eversource Energy的季度营收约是COMFORT SYSTEMS USA INC的1.3倍（$3.4B vs $2.6B），Eversource Energy净利率更高（12.6% vs 12.5%，领先0.1%），COMFORT SYSTEMS USA INC同比增速更快（41.7% vs 13.4%），COMFORT SYSTEMS USA INC自由现金流更多（$402.4M vs $-67.3M），过去两年COMFORT SYSTEMS USA INC的营收复合增速更高（31.2% vs 0.6%）
Eversource Energy是位列财富500强的上市能源企业，总部位于美国马萨诸塞州斯普林菲尔德，在康涅狄格州哈特福德、马萨诸塞州波士顿均设有办公据点，旗下多家受监管子公司为康涅狄格、马萨诸塞、新罕布什尔三州约400万用户提供零售电力、天然气及供水服务。
Comfort Systems USA Inc.是一家美国企业，主营机电工程承包服务，核心业务覆盖暖通空调、给排水、管道工程、控制系统、场外预制建造、监测服务、消防系统，以及电气系统的安装与运维，为各类客户提供一体化机电设施解决方案。
ES vs FIX — 直观对比
营收规模更大
ES
是对方的1.3倍
$2.6B
营收增速更快
FIX
高出28.2%
13.4%
净利率更高
ES
高出0.1%
12.5%
自由现金流更多
FIX
多$469.7M
$-67.3M
两年增速更快
FIX
近两年复合增速
0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.6B |
| 净利润 | $423.2M | $330.8M |
| 毛利率 | — | 25.5% |
| 营业利润率 | 21.1% | 16.1% |
| 净利率 | 12.6% | 12.5% |
| 营收同比 | 13.4% | 41.7% |
| 净利润同比 | 468.8% | 126.8% |
| 每股收益（稀释后） | $1.11 | $9.35 |
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ESFIX
| Q4 25 | $3.4B | $2.6B | ||
| Q3 25 | $3.2B | $2.5B | ||
| Q2 25 | $2.8B | $2.2B | ||
| Q1 25 | $4.1B | $1.8B | ||
| Q4 24 | $3.0B | $1.9B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $2.5B | $1.8B | ||
| Q1 24 | $3.3B | $1.5B |
净利润ESFIX
| Q4 25 | $423.2M | $330.8M | ||
| Q3 25 | $369.4M | $291.6M | ||
| Q2 25 | $354.6M | $230.8M | ||
| Q1 25 | $552.7M | $169.3M | ||
| Q4 24 | $74.4M | $145.9M | ||
| Q3 24 | $-116.2M | $146.2M | ||
| Q2 24 | $337.2M | $134.0M | ||
| Q1 24 | $523.7M | $96.3M |
毛利率ESFIX
| Q4 25 | — | 25.5% | ||
| Q3 25 | — | 24.8% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 23.2% | ||
| Q3 24 | — | 21.1% | ||
| Q2 24 | — | 20.1% | ||
| Q1 24 | — | 19.3% |
营业利润率ESFIX
| Q4 25 | 21.1% | 16.1% | ||
| Q3 25 | 21.4% | 15.5% | ||
| Q2 25 | 23.4% | 13.8% | ||
| Q1 25 | 22.5% | 11.4% | ||
| Q4 24 | 11.7% | 12.1% | ||
| Q3 24 | 20.0% | 11.2% | ||
| Q2 24 | 23.8% | 10.2% | ||
| Q1 24 | 25.4% | 8.8% |
净利率ESFIX
| Q4 25 | 12.6% | 12.5% | ||
| Q3 25 | 11.5% | 11.9% | ||
| Q2 25 | 12.5% | 10.6% | ||
| Q1 25 | 13.4% | 9.2% | ||
| Q4 24 | 2.5% | 7.8% | ||
| Q3 24 | -3.8% | 8.1% | ||
| Q2 24 | 13.3% | 7.4% | ||
| Q1 24 | 15.7% | 6.3% |
每股收益（稀释后）ESFIX
| Q4 25 | $1.11 | $9.35 | ||
| Q3 25 | $0.99 | $8.25 | ||
| Q2 25 | $0.96 | $6.53 | ||
| Q1 25 | $1.50 | $4.75 | ||
| Q4 24 | $0.16 | $4.08 | ||
| Q3 24 | $-0.33 | $4.09 | ||
| Q2 24 | $0.95 | $3.74 | ||
| Q1 24 | $1.49 | $2.69 |
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 | $135.4M | $981.9M |
| 总债务越低越好 | — | $145.2M |
| 股东权益账面价值 | $16.2B | $2.4B |
| 总资产 | $63.8B | $6.4B |
| 负债/权益比越低杠杆越低 | — | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资ESFIX
| Q4 25 | $135.4M | $981.9M | ||
| Q3 25 | $259.3M | $860.5M | ||
| Q2 25 | $343.7M | $331.7M | ||
| Q1 25 | $111.4M | $204.8M | ||
| Q4 24 | $26.7M | $549.9M | ||
| Q3 24 | $97.9M | $415.6M | ||
| Q2 24 | — | $199.4M | ||
| Q1 24 | — | $100.8M |
总债务ESFIX
| Q4 25 | — | $145.2M | ||
| Q3 25 | — | $136.0M | ||
| Q2 25 | — | $73.0M | ||
| Q1 25 | — | $67.8M | ||
| Q4 24 | — | $68.3M | ||
| Q3 24 | — | $62.3M | ||
| Q2 24 | — | $73.4M | ||
| Q1 24 | — | $77.0M |
股东权益ESFIX
| Q4 25 | $16.2B | $2.4B | ||
| Q3 25 | $16.0B | $2.2B | ||
| Q2 25 | $15.7B | $2.0B | ||
| Q1 25 | $15.3B | $1.8B | ||
| Q4 24 | $15.0B | $1.7B | ||
| Q3 24 | $15.0B | $1.6B | ||
| Q2 24 | $14.8B | $1.5B | ||
| Q1 24 | $14.5B | $1.4B |
总资产ESFIX
| Q4 25 | $63.8B | $6.4B | ||
| Q3 25 | $61.7B | $5.8B | ||
| Q2 25 | $61.0B | $5.1B | ||
| Q1 25 | $60.2B | $4.6B | ||
| Q4 24 | $59.6B | $4.7B | ||
| Q3 24 | $58.6B | $4.4B | ||
| Q2 24 | $58.4B | $4.2B | ||
| Q1 24 | $57.3B | $3.9B |
负债/权益比ESFIX
| Q4 25 | — | 0.06× | ||
| Q3 25 | — | 0.06× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | 0.06× |
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 | $916.1M | $468.5M |
| 自由现金流经营现金流 - 资本支出 | $-67.3M | $402.4M |
| 自由现金流率自由现金流/营收 | -2.0% | 15.2% |
| 资本支出强度资本支出/营收 | 29.2% | 2.5% |
| 现金转化率经营现金流/净利润 | 2.16× | 1.42× |
| 过去12个月自由现金流最近4个季度 | $-45.1M | $1.0B |
8季度趋势，按日历期对齐
经营现金流ESFIX
| Q4 25 | $916.1M | $468.5M | ||
| Q3 25 | $1.1B | $553.3M | ||
| Q2 25 | $1.1B | $252.5M | ||
| Q1 25 | $1.0B | $-88.0M | ||
| Q4 24 | $642.1M | $210.5M | ||
| Q3 24 | $555.6M | $302.2M | ||
| Q2 24 | $670.7M | $189.9M | ||
| Q1 24 | $291.3M | $146.6M |
自由现金流ESFIX
| Q4 25 | $-67.3M | $402.4M | ||
| Q3 25 | $-26.3M | $517.9M | ||
| Q2 25 | $15.3M | $221.2M | ||
| Q1 25 | $33.2M | $-110.2M | ||
| Q4 24 | $-546.5M | $169.8M | ||
| Q3 24 | $-515.4M | $280.1M | ||
| Q2 24 | $-400.8M | $166.5M | ||
| Q1 24 | $-858.1M | $121.6M |
自由现金流率ESFIX
| Q4 25 | -2.0% | 15.2% | ||
| Q3 25 | -0.8% | 21.1% | ||
| Q2 25 | 0.5% | 10.2% | ||
| Q1 25 | 0.8% | -6.0% | ||
| Q4 24 | -18.4% | 9.1% | ||
| Q3 24 | -16.8% | 15.5% | ||
| Q2 24 | -15.8% | 9.2% | ||
| Q1 24 | -25.7% | 7.9% |
资本支出强度ESFIX
| Q4 25 | 29.2% | 2.5% | ||
| Q3 25 | 35.0% | 1.4% | ||
| Q2 25 | 36.7% | 1.4% | ||
| Q1 25 | 24.5% | 1.2% | ||
| Q4 24 | 40.0% | 2.2% | ||
| Q3 24 | 35.0% | 1.2% | ||
| Q2 24 | 42.3% | 1.3% | ||
| Q1 24 | 34.5% | 1.6% |
现金转化率ESFIX
| Q4 25 | 2.16× | 1.42× | ||
| Q3 25 | 2.98× | 1.90× | ||
| Q2 25 | 2.98× | 1.09× | ||
| Q1 25 | 1.88× | -0.52× | ||
| Q4 24 | 8.63× | 1.44× | ||
| Q3 24 | — | 2.07× | ||
| Q2 24 | 1.99× | 1.42× | ||
| Q1 24 | 0.56× | 1.52× |
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
ES
| Residential | $1.2B | 35% |
| Commercial | $789.0M | 23% |
| Eversource Electric Transmission | $573.8M | 17% |
| Wholesale Transmission Revenue | $570.0M | 17% |
| Industrial | $102.6M | 3% |
| Water Distribution Segment | $58.4M | 2% |
| Eversource Water | $56.3M | 2% |
| Other Revenue Adjustmentsfrom Contractswith Customers | $25.9M | 1% |
FIX
| Electrical Segment | $823.7M | 31% |
| Manufacturing Customer | $542.7M | 21% |
| Existing Building Construction | $491.4M | 19% |
| Healthcare Sector Customer | $220.8M | 8% |
| Service Projects | $153.0M | 6% |
| Education | $137.5M | 5% |
| Government Customer | $131.0M | 5% |
| Office Building Customer | $88.2M | 3% |
| Other Customer | $40.7M | 2% |
| Multi Family And Residential | $33.7M | 1% |
