vs
Eversource Energy（ES）与哈特福德（HIG）财务数据对比。点击上方公司名可切换其他公司
哈特福德的季度营收约是Eversource Energy的1.2倍（$4.1B vs $3.4B），哈特福德净利率更高（13.2% vs 12.6%，领先0.6%），Eversource Energy同比增速更快（13.4% vs -43.7%），过去两年Eversource Energy的营收复合增速更高（0.6% vs -20.8%）
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。
哈特福德（The Hartford）是美国头部保险企业，位列2024年《财富》世界500强第162位，总部位于康涅狄格州哈特福德市。集团拥有200余年行业经验，在财产意外险、员工福利及共同基金领域处于领先地位，凭借优质服务、可持续运营与诚信经营广受认可。
ES vs HIG — 直观对比
营收规模更大
HIG
是对方的1.2倍
$3.4B
营收增速更快
ES
高出57.1%
-43.7%
净利率更高
HIG
高出0.6%
12.6%
两年增速更快
ES
近两年复合增速
-20.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $4.1B |
| 净利润 | $423.2M | $536.0M |
| 毛利率 | — | — |
| 营业利润率 | 21.1% | — |
| 净利率 | 12.6% | 13.2% |
| 营收同比 | 13.4% | -43.7% |
| 净利润同比 | 468.8% | 12.0% |
| 每股收益（稀释后） | $1.11 | — |
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ESHIG
| Q1 26 | — | $4.1B | ||
| Q4 25 | $3.4B | $7.3B | ||
| Q3 25 | $3.2B | $7.2B | ||
| Q2 25 | $2.8B | $7.0B | ||
| Q1 25 | $4.1B | $6.8B | ||
| Q4 24 | $3.0B | $6.9B | ||
| Q3 24 | $3.1B | $6.8B | ||
| Q2 24 | $2.5B | $6.5B |
净利润ESHIG
| Q1 26 | — | $536.0M | ||
| Q4 25 | $423.2M | — | ||
| Q3 25 | $369.4M | $1.1B | ||
| Q2 25 | $354.6M | $995.0M | ||
| Q1 25 | $552.7M | $630.0M | ||
| Q4 24 | $74.4M | — | ||
| Q3 24 | $-116.2M | $767.0M | ||
| Q2 24 | $337.2M | $738.0M |
营业利润率ESHIG
| Q1 26 | — | — | ||
| Q4 25 | 21.1% | 19.3% | ||
| Q3 25 | 21.4% | 18.2% | ||
| Q2 25 | 23.4% | 17.8% | ||
| Q1 25 | 22.5% | 11.5% | ||
| Q4 24 | 11.7% | 15.6% | ||
| Q3 24 | 20.0% | 14.1% | ||
| Q2 24 | 23.8% | 14.1% |
净利率ESHIG
| Q1 26 | — | 13.2% | ||
| Q4 25 | 12.6% | — | ||
| Q3 25 | 11.5% | 14.9% | ||
| Q2 25 | 12.5% | 14.2% | ||
| Q1 25 | 13.4% | 9.3% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | -3.8% | 11.4% | ||
| Q2 24 | 13.3% | 11.4% |
每股收益（稀释后）ESHIG
| Q1 26 | — | — | ||
| Q4 25 | $1.11 | $3.96 | ||
| Q3 25 | $0.99 | $3.77 | ||
| Q2 25 | $0.96 | $3.44 | ||
| Q1 25 | $1.50 | $2.15 | ||
| Q4 24 | $0.16 | $2.88 | ||
| Q3 24 | $-0.33 | $2.56 | ||
| Q2 24 | $0.95 | $2.44 |
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 | $135.4M | $1.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $16.2B | $16.8M |
| 总资产 | $63.8B | $86.3M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ESHIG
| Q1 26 | — | $1.7M | ||
| Q4 25 | $135.4M | — | ||
| Q3 25 | $259.3M | — | ||
| Q2 25 | $343.7M | — | ||
| Q1 25 | $111.4M | — | ||
| Q4 24 | $26.7M | — | ||
| Q3 24 | $97.9M | — | ||
| Q2 24 | — | — |
总债务ESHIG
| Q1 26 | — | — | ||
| Q4 25 | — | $4.4B | ||
| Q3 25 | — | $4.4B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.4B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B |
股东权益ESHIG
| Q1 26 | — | $16.8M | ||
| Q4 25 | $16.2B | $19.0B | ||
| Q3 25 | $16.0B | $18.4B | ||
| Q2 25 | $15.7B | $17.5B | ||
| Q1 25 | $15.3B | $16.8B | ||
| Q4 24 | $15.0B | $16.4B | ||
| Q3 24 | $15.0B | $17.0B | ||
| Q2 24 | $14.8B | $15.7B |
总资产ESHIG
| Q1 26 | — | $86.3M | ||
| Q4 25 | $63.8B | $86.0B | ||
| Q3 25 | $61.7B | $85.0B | ||
| Q2 25 | $61.0B | $83.6B | ||
| Q1 25 | $60.2B | $82.3B | ||
| Q4 24 | $59.6B | $80.9B | ||
| Q3 24 | $58.6B | $81.2B | ||
| Q2 24 | $58.4B | $79.0B |
负债/权益比ESHIG
| Q1 26 | — | — | ||
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.24× | ||
| Q2 25 | — | 0.25× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 0.26× | ||
| Q2 24 | — | 0.28× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-67.3M | — |
| 自由现金流率自由现金流/营收 | -2.0% | — |
| 资本支出强度资本支出/营收 | 29.2% | — |
| 现金转化率经营现金流/净利润 | 2.16× | — |
| 过去12个月自由现金流最近4个季度 | $-45.1M | — |
8季度趋势，按日历期对齐
经营现金流ESHIG
| Q1 26 | — | — | ||
| Q4 25 | $916.1M | $5.9B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.3B | ||
| Q1 25 | $1.0B | $985.0M | ||
| Q4 24 | $642.1M | $5.9B | ||
| Q3 24 | $555.6M | $1.7B | ||
| Q2 24 | $670.7M | $1.3B |
自由现金流ESHIG
| Q1 26 | — | — | ||
| Q4 25 | $-67.3M | $5.8B | ||
| Q3 25 | $-26.3M | $1.8B | ||
| Q2 25 | $15.3M | $1.3B | ||
| Q1 25 | $33.2M | $947.0M | ||
| Q4 24 | $-546.5M | $5.8B | ||
| Q3 24 | $-515.4M | $1.6B | ||
| Q2 24 | $-400.8M | $1.2B |
自由现金流率ESHIG
| Q1 26 | — | — | ||
| Q4 25 | -2.0% | 78.4% | ||
| Q3 25 | -0.8% | 24.8% | ||
| Q2 25 | 0.5% | 17.9% | ||
| Q1 25 | 0.8% | 13.9% | ||
| Q4 24 | -18.4% | 83.8% | ||
| Q3 24 | -16.8% | 24.0% | ||
| Q2 24 | -15.8% | 18.5% |
资本支出强度ESHIG
| Q1 26 | — | — | ||
| Q4 25 | 29.2% | 2.3% | ||
| Q3 25 | 35.0% | 0.6% | ||
| Q2 25 | 36.7% | 0.6% | ||
| Q1 25 | 24.5% | 0.6% | ||
| Q4 24 | 40.0% | 2.1% | ||
| Q3 24 | 35.0% | 0.9% | ||
| Q2 24 | 42.3% | 0.9% |
现金转化率ESHIG
| Q1 26 | — | — | ||
| Q4 25 | 2.16× | — | ||
| Q3 25 | 2.98× | 1.70× | ||
| Q2 25 | 2.98× | 1.30× | ||
| Q1 25 | 1.88× | 1.56× | ||
| Q4 24 | 8.63× | — | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | 1.99× | 1.71× |
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% |
HIG
| Earned premiums | $3.6B | 88% |
| Other | $486.0M | 12% |
| Fee income | $12.0M | 0% |
