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Eversource Energy（ES）与泛林半导体（LRCX）财务数据对比。点击上方公司名可切换其他公司
泛林半导体的季度营收约是Eversource Energy的1.6倍（$5.3B vs $3.4B），泛林半导体净利率更高（29.8% vs 12.6%，领先17.3%），泛林半导体同比增速更快（22.1% vs 13.4%），泛林半导体自由现金流更多（$1.2B vs $-67.3M），过去两年泛林半导体的营收复合增速更高（18.7% 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。
泛林半导体是美国面向半导体行业的晶圆制造设备及相关服务供应商，产品主要用于前道晶圆加工，生产半导体器件的有源组件与互连线路，同时也推出后道晶圆级封装、微机电系统（MEMS）等领域的相关制造设备。
ES vs LRCX — 直观对比
营收规模更大
LRCX
是对方的1.6倍
$3.4B
营收增速更快
LRCX
高出8.7%
13.4%
净利率更高
LRCX
高出17.3%
12.6%
自由现金流更多
LRCX
多$1.3B
$-67.3M
两年增速更快
LRCX
近两年复合增速
0.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $5.3B |
| 净利润 | $423.2M | $1.6B |
| 毛利率 | — | 49.6% |
| 营业利润率 | 21.1% | 33.9% |
| 净利率 | 12.6% | 29.8% |
| 营收同比 | 13.4% | 22.1% |
| 净利润同比 | 468.8% | 33.8% |
| 每股收益（稀释后） | $1.11 | $1.26 |
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ESLRCX
| Q4 25 | $3.4B | $5.3B | ||
| Q3 25 | $3.2B | $5.3B | ||
| Q2 25 | $2.8B | $5.2B | ||
| Q1 25 | $4.1B | $4.7B | ||
| Q4 24 | $3.0B | $4.4B | ||
| Q3 24 | $3.1B | $4.2B | ||
| Q2 24 | $2.5B | $3.9B | ||
| Q1 24 | $3.3B | $3.8B |
净利润ESLRCX
| Q4 25 | $423.2M | $1.6B | ||
| Q3 25 | $369.4M | $1.6B | ||
| Q2 25 | $354.6M | $1.7B | ||
| Q1 25 | $552.7M | $1.3B | ||
| Q4 24 | $74.4M | $1.2B | ||
| Q3 24 | $-116.2M | $1.1B | ||
| Q2 24 | $337.2M | $1.0B | ||
| Q1 24 | $523.7M | $965.8M |
毛利率ESLRCX
| Q4 25 | — | 49.6% | ||
| Q3 25 | — | 50.4% | ||
| Q2 25 | — | 50.1% | ||
| Q1 25 | — | 49.0% | ||
| Q4 24 | — | 47.4% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 47.5% | ||
| Q1 24 | — | 47.5% |
营业利润率ESLRCX
| Q4 25 | 21.1% | 33.9% | ||
| Q3 25 | 21.4% | 34.4% | ||
| Q2 25 | 23.4% | 33.7% | ||
| Q1 25 | 22.5% | 33.1% | ||
| Q4 24 | 11.7% | 30.5% | ||
| Q3 24 | 20.0% | 30.3% | ||
| Q2 24 | 23.8% | 29.1% | ||
| Q1 24 | 25.4% | 27.9% |
净利率ESLRCX
| Q4 25 | 12.6% | 29.8% | ||
| Q3 25 | 11.5% | 29.5% | ||
| Q2 25 | 12.5% | 33.3% | ||
| Q1 25 | 13.4% | 28.2% | ||
| Q4 24 | 2.5% | 27.2% | ||
| Q3 24 | -3.8% | 26.8% | ||
| Q2 24 | 13.3% | 26.4% | ||
| Q1 24 | 15.7% | 25.5% |
每股收益（稀释后）ESLRCX
| Q4 25 | $1.11 | $1.26 | ||
| Q3 25 | $0.99 | $1.24 | ||
| Q2 25 | $0.96 | $1.34 | ||
| Q1 25 | $1.50 | $1.03 | ||
| Q4 24 | $0.16 | $0.92 | ||
| Q3 24 | $-0.33 | $0.86 | ||
| Q2 24 | $0.95 | $7.78 | ||
| Q1 24 | $1.49 | $7.34 |
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 | $6.2B |
| 总债务越低越好 | — | $3.7B |
| 股东权益账面价值 | $16.2B | $10.1B |
| 总资产 | $63.8B | $21.4B |
| 负债/权益比越低杠杆越低 | — | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资ESLRCX
| Q4 25 | $135.4M | $6.2B | ||
| Q3 25 | $259.3M | $6.7B | ||
| Q2 25 | $343.7M | $6.4B | ||
| Q1 25 | $111.4M | $5.5B | ||
| Q4 24 | $26.7M | $5.7B | ||
| Q3 24 | $97.9M | $6.1B | ||
| Q2 24 | — | $5.8B | ||
| Q1 24 | — | $5.7B |
总债务ESLRCX
| Q4 25 | — | $3.7B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
股东权益ESLRCX
| Q4 25 | $16.2B | $10.1B | ||
| Q3 25 | $16.0B | $10.2B | ||
| Q2 25 | $15.7B | $9.9B | ||
| Q1 25 | $15.3B | $9.5B | ||
| Q4 24 | $15.0B | $8.8B | ||
| Q3 24 | $15.0B | $8.5B | ||
| Q2 24 | $14.8B | $8.5B | ||
| Q1 24 | $14.5B | $8.0B |
总资产ESLRCX
| Q4 25 | $63.8B | $21.4B | ||
| Q3 25 | $61.7B | $21.9B | ||
| Q2 25 | $61.0B | $21.3B | ||
| Q1 25 | $60.2B | $20.0B | ||
| Q4 24 | $59.6B | $19.8B | ||
| Q3 24 | $58.6B | $19.5B | ||
| Q2 24 | $58.4B | $18.7B | ||
| Q1 24 | $57.3B | $18.3B |
负债/权益比ESLRCX
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.56× |
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 | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $-67.3M | $1.2B |
| 自由现金流率自由现金流/营收 | -2.0% | 22.8% |
| 资本支出强度资本支出/营收 | 29.2% | 4.9% |
| 现金转化率经营现金流/净利润 | 2.16× | 0.93× |
| 过去12个月自由现金流最近4个季度 | $-45.1M | $6.2B |
8季度趋势，按日历期对齐
经营现金流ESLRCX
| Q4 25 | $916.1M | $1.5B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $2.6B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $642.1M | $741.9M | ||
| Q3 24 | $555.6M | $1.6B | ||
| Q2 24 | $670.7M | $862.4M | ||
| Q1 24 | $291.3M | $1.4B |
自由现金流ESLRCX
| Q4 25 | $-67.3M | $1.2B | ||
| Q3 25 | $-26.3M | $1.6B | ||
| Q2 25 | $15.3M | $2.4B | ||
| Q1 25 | $33.2M | $1.0B | ||
| Q4 24 | $-546.5M | $553.6M | ||
| Q3 24 | $-515.4M | $1.5B | ||
| Q2 24 | $-400.8M | $761.7M | ||
| Q1 24 | $-858.1M | $1.3B |
自由现金流率ESLRCX
| Q4 25 | -2.0% | 22.8% | ||
| Q3 25 | -0.8% | 29.9% | ||
| Q2 25 | 0.5% | 46.1% | ||
| Q1 25 | 0.8% | 21.6% | ||
| Q4 24 | -18.4% | 12.7% | ||
| Q3 24 | -16.8% | 35.0% | ||
| Q2 24 | -15.8% | 19.7% | ||
| Q1 24 | -25.7% | 33.8% |
资本支出强度ESLRCX
| Q4 25 | 29.2% | 4.9% | ||
| Q3 25 | 35.0% | 3.5% | ||
| Q2 25 | 36.7% | 3.3% | ||
| Q1 25 | 24.5% | 6.1% | ||
| Q4 24 | 40.0% | 4.3% | ||
| Q3 24 | 35.0% | 2.7% | ||
| Q2 24 | 42.3% | 2.6% | ||
| Q1 24 | 34.5% | 2.7% |
现金转化率ESLRCX
| Q4 25 | 2.16× | 0.93× | ||
| Q3 25 | 2.98× | 1.13× | ||
| Q2 25 | 2.98× | 1.48× | ||
| Q1 25 | 1.88× | 0.98× | ||
| Q4 24 | 8.63× | 0.62× | ||
| Q3 24 | — | 1.40× | ||
| Q2 24 | 1.99× | 0.85× | ||
| Q1 24 | 0.56× | 1.43× |
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% |
LRCX
| System | $3.4B | 63% |
| Customer Supportand Other | $2.0B | 37% |
