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Eversource Energy（ES）与洲际交易所（ICE）财务数据对比。点击上方公司名可切换其他公司
Eversource Energy的季度营收约是洲际交易所的1.1倍（$3.4B vs $3.1B），洲际交易所净利率更高（27.1% vs 12.6%，领先14.5%），Eversource Energy同比增速更快（13.4% vs 3.7%），洲际交易所自由现金流更多（$1.1B vs $-67.3M），过去两年洲际交易所的营收复合增速更高（5.9% 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。
洲际交易所（ICE）是2000年成立的美国跨国金融服务企业，运营全球金融交易所与清算所，提供抵押技术、数据及上市服务，位列财富500强、标普500及罗素1000指数成分股，旗下拥有金融及大宗商品市场交易所，运营12家受监管的交易场所，业务覆盖美加欧等多地期货市场。
ES vs ICE — 直观对比
营收规模更大
ES
是对方的1.1倍
$3.1B
营收增速更快
ES
高出9.7%
3.7%
净利率更高
ICE
高出14.5%
12.6%
自由现金流更多
ICE
多$1.2B
$-67.3M
两年增速更快
ICE
近两年复合增速
0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.1B |
| 净利润 | $423.2M | $851.0M |
| 毛利率 | — | — |
| 营业利润率 | 21.1% | 39.4% |
| 净利率 | 12.6% | 27.1% |
| 营收同比 | 13.4% | 3.7% |
| 净利润同比 | 468.8% | 21.9% |
| 每股收益（稀释后） | $1.11 | $1.49 |
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ESICE
| Q4 25 | $3.4B | $3.1B | ||
| Q3 25 | $3.2B | $3.0B | ||
| Q2 25 | $2.8B | $3.3B | ||
| Q1 25 | $4.1B | $3.2B | ||
| Q4 24 | $3.0B | $3.0B | ||
| Q3 24 | $3.1B | $3.0B | ||
| Q2 24 | $2.5B | $2.9B | ||
| Q1 24 | $3.3B | $2.8B |
净利润ESICE
| Q4 25 | $423.2M | $851.0M | ||
| Q3 25 | $369.4M | $816.0M | ||
| Q2 25 | $354.6M | $851.0M | ||
| Q1 25 | $552.7M | $797.0M | ||
| Q4 24 | $74.4M | $698.0M | ||
| Q3 24 | $-116.2M | $657.0M | ||
| Q2 24 | $337.2M | $632.0M | ||
| Q1 24 | $523.7M | $767.0M |
营业利润率ESICE
| Q4 25 | 21.1% | 39.4% | ||
| Q3 25 | 21.4% | 39.0% | ||
| Q2 25 | 23.4% | 39.8% | ||
| Q1 25 | 22.5% | 37.8% | ||
| Q4 24 | 11.7% | 35.5% | ||
| Q3 24 | 20.0% | 36.4% | ||
| Q2 24 | 23.8% | 36.8% | ||
| Q1 24 | 25.4% | 38.0% |
净利率ESICE
| Q4 25 | 12.6% | 27.1% | ||
| Q3 25 | 11.5% | 27.1% | ||
| Q2 25 | 12.5% | 26.1% | ||
| Q1 25 | 13.4% | 24.7% | ||
| Q4 24 | 2.5% | 23.0% | ||
| Q3 24 | -3.8% | 21.7% | ||
| Q2 24 | 13.3% | 21.8% | ||
| Q1 24 | 15.7% | 27.4% |
每股收益（稀释后）ESICE
| Q4 25 | $1.11 | $1.49 | ||
| Q3 25 | $0.99 | $1.42 | ||
| Q2 25 | $0.96 | $1.48 | ||
| Q1 25 | $1.50 | $1.38 | ||
| Q4 24 | $0.16 | $1.21 | ||
| Q3 24 | $-0.33 | $1.14 | ||
| Q2 24 | $0.95 | $1.10 | ||
| Q1 24 | $1.49 | $1.33 |
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 | $837.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $16.2B | $28.9B |
| 总资产 | $63.8B | $136.9B |
| 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ESICE
| Q4 25 | $135.4M | $837.0M | ||
| Q3 25 | $259.3M | $850.0M | ||
| Q2 25 | $343.7M | $1.0B | ||
| Q1 25 | $111.4M | $783.0M | ||
| Q4 24 | $26.7M | $844.0M | ||
| Q3 24 | $97.9M | $755.0M | ||
| Q2 24 | — | $885.0M | ||
| Q1 24 | — | $863.0M |
股东权益ESICE
| Q4 25 | $16.2B | $28.9B | ||
| Q3 25 | $16.0B | $28.6B | ||
| Q2 25 | $15.7B | $28.4B | ||
| Q1 25 | $15.3B | $28.0B | ||
| Q4 24 | $15.0B | $27.6B | ||
| Q3 24 | $15.0B | $27.2B | ||
| Q2 24 | $14.8B | $26.7B | ||
| Q1 24 | $14.5B | $26.2B |
总资产ESICE
| Q4 25 | $63.8B | $136.9B | ||
| Q3 25 | $61.7B | $140.9B | ||
| Q2 25 | $61.0B | $144.2B | ||
| Q1 25 | $60.2B | $142.9B | ||
| Q4 24 | $59.6B | $139.4B | ||
| Q3 24 | $58.6B | $135.2B | ||
| Q2 24 | $58.4B | $137.7B | ||
| Q1 24 | $57.3B | $131.4B |
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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $-67.3M | $1.1B |
| 自由现金流率自由现金流/营收 | -2.0% | 35.3% |
| 资本支出强度资本支出/营收 | 29.2% | 5.3% |
| 现金转化率经营现金流/净利润 | 2.16× | 1.50× |
| 过去12个月自由现金流最近4个季度 | $-45.1M | $4.3B |
8季度趋势，按日历期对齐
经营现金流ESICE
| Q4 25 | $916.1M | $1.3B | ||
| Q3 25 | $1.1B | $915.0M | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $1.0B | $966.0M | ||
| Q4 24 | $642.1M | $1.5B | ||
| Q3 24 | $555.6M | $898.0M | ||
| Q2 24 | $670.7M | $1.2B | ||
| Q1 24 | $291.3M | $1.0B |
自由现金流ESICE
| Q4 25 | $-67.3M | $1.1B | ||
| Q3 25 | $-26.3M | $853.0M | ||
| Q2 25 | $15.3M | $1.4B | ||
| Q1 25 | $33.2M | $881.0M | ||
| Q4 24 | $-546.5M | $1.3B | ||
| Q3 24 | $-515.4M | $819.0M | ||
| Q2 24 | $-400.8M | $1.1B | ||
| Q1 24 | $-858.1M | $951.0M |
自由现金流率ESICE
| Q4 25 | -2.0% | 35.3% | ||
| Q3 25 | -0.8% | 28.4% | ||
| Q2 25 | 0.5% | 44.3% | ||
| Q1 25 | 0.8% | 27.3% | ||
| Q4 24 | -18.4% | 43.3% | ||
| Q3 24 | -16.8% | 27.0% | ||
| Q2 24 | -15.8% | 38.7% | ||
| Q1 24 | -25.7% | 34.0% |
资本支出强度ESICE
| Q4 25 | 29.2% | 5.3% | ||
| Q3 25 | 35.0% | 2.1% | ||
| Q2 25 | 36.7% | 1.8% | ||
| Q1 25 | 24.5% | 2.6% | ||
| Q4 24 | 40.0% | 6.4% | ||
| Q3 24 | 35.0% | 2.6% | ||
| Q2 24 | 42.3% | 2.6% | ||
| Q1 24 | 34.5% | 2.1% |
现金转化率ESICE
| Q4 25 | 2.16× | 1.50× | ||
| Q3 25 | 2.98× | 1.12× | ||
| Q2 25 | 2.98× | 1.77× | ||
| Q1 25 | 1.88× | 1.21× | ||
| Q4 24 | 8.63× | 2.16× | ||
| Q3 24 | — | 1.37× | ||
| Q2 24 | 1.99× | 1.89× | ||
| Q1 24 | 0.56× | 1.32× |
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% |
ICE
| Other | $1.9B | 60% |
| Fixed Income Data And Analytics | $318.0M | 10% |
| Exchange Data | $266.0M | 8% |
| Origination Technology | $188.0M | 6% |
| Financial Futures And Options | $155.0M | 5% |
| Listings | $125.0M | 4% |
| OT Cand Other Transactions | $97.0M | 3% |
| Closing Solutions | $60.0M | 2% |
| Fixed Income Execution | $29.0M | 1% |
| Product And Service Net Interest Income | $26.0M | 1% |
