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Eversource Energy（ES）与Public Service Enterprise Group（PEG）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Public Service Enterprise Group的1.2倍（$3.4B vs $2.9B），Eversource Energy净利率更高（12.6% vs 10.8%，领先1.8%），Public Service Enterprise Group同比增速更快（18.3% vs 13.4%），Eversource Energy自由现金流更多（$-67.3M vs $-408.0M），过去两年Public Service Enterprise Group的营收复合增速更高（2.8% 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。
PSEG（Public Service Enterprise Group）是一家公开上市的能源企业，1985年正式成立，发展渊源可追溯至1903年，自创立以来总部始终位于美国新泽西州纽瓦克市，深耕能源领域多年，在北美能源市场拥有稳定的行业地位与市场份额。
ES vs PEG — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.9B |
| 净利润 | $423.2M | $315.0M |
| 毛利率 | — | — |
| 营业利润率 | 21.1% | 17.5% |
| 净利率 | 12.6% | 10.8% |
| 营收同比 | 13.4% | 18.3% |
| 净利润同比 | 468.8% | 10.1% |
| 每股收益（稀释后） | $1.11 | $0.63 |
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
| Q4 25 | $3.4B | $2.9B | ||
| Q3 25 | $3.2B | $3.2B | ||
| Q2 25 | $2.8B | $2.8B | ||
| Q1 25 | $4.1B | $3.2B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $2.5B | $2.4B | ||
| Q1 24 | $3.3B | $2.8B |
| Q4 25 | $423.2M | $315.0M | ||
| Q3 25 | $369.4M | $622.0M | ||
| Q2 25 | $354.6M | $585.0M | ||
| Q1 25 | $552.7M | $589.0M | ||
| Q4 24 | $74.4M | $286.0M | ||
| Q3 24 | $-116.2M | $520.0M | ||
| Q2 24 | $337.2M | $434.0M | ||
| Q1 24 | $523.7M | $532.0M |
| Q4 25 | 21.1% | 17.5% | ||
| Q3 25 | 21.4% | 26.5% | ||
| Q2 25 | 23.4% | 29.1% | ||
| Q1 25 | 22.5% | 24.7% | ||
| Q4 24 | 11.7% | 18.1% | ||
| Q3 24 | 20.0% | 24.3% | ||
| Q2 24 | 23.8% | 24.0% | ||
| Q1 24 | 25.4% | 24.8% |
| Q4 25 | 12.6% | 10.8% | ||
| Q3 25 | 11.5% | 19.3% | ||
| Q2 25 | 12.5% | 20.9% | ||
| Q1 25 | 13.4% | 18.3% | ||
| Q4 24 | 2.5% | 11.6% | ||
| Q3 24 | -3.8% | 19.7% | ||
| Q2 24 | 13.3% | 17.9% | ||
| Q1 24 | 15.7% | 19.3% |
| Q4 25 | $1.11 | $0.63 | ||
| Q3 25 | $0.99 | $1.24 | ||
| Q2 25 | $0.96 | $1.17 | ||
| Q1 25 | $1.50 | $1.18 | ||
| Q4 24 | $0.16 | $0.57 | ||
| Q3 24 | $-0.33 | $1.04 | ||
| Q2 24 | $0.95 | $0.87 | ||
| Q1 24 | $1.49 | $1.06 |
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 | $132.0M |
| 总债务越低越好 | — | $22.5B |
| 股东权益账面价值 | $16.2B | $17.0B |
| 总资产 | $63.8B | $57.6B |
| 负债/权益比越低杠杆越低 | — | 1.33× |
8季度趋势，按日历期对齐
| Q4 25 | $135.4M | $132.0M | ||
| Q3 25 | $259.3M | $334.0M | ||
| Q2 25 | $343.7M | $186.0M | ||
| Q1 25 | $111.4M | $894.0M | ||
| Q4 24 | $26.7M | $125.0M | ||
| Q3 24 | $97.9M | $203.0M | ||
| Q2 24 | — | $113.0M | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $22.5B | ||
| Q3 25 | — | $22.5B | ||
| Q2 25 | — | $22.6B | ||
| Q1 25 | — | $23.0B | ||
| Q4 24 | — | $21.1B | ||
| Q3 24 | — | $21.4B | ||
| Q2 24 | — | $20.5B | ||
| Q1 24 | — | $21.3B |
| Q4 25 | $16.2B | $17.0B | ||
| Q3 25 | $16.0B | $17.0B | ||
| Q2 25 | $15.7B | $16.7B | ||
| Q1 25 | $15.3B | $16.4B | ||
| Q4 24 | $15.0B | $16.1B | ||
| Q3 24 | $15.0B | $16.1B | ||
| Q2 24 | $14.8B | $15.8B | ||
| Q1 24 | $14.5B | $15.7B |
| Q4 25 | $63.8B | $57.6B | ||
| Q3 25 | $61.7B | $56.9B | ||
| Q2 25 | $61.0B | $56.0B | ||
| Q1 25 | $60.2B | $55.6B | ||
| Q4 24 | $59.6B | $54.6B | ||
| Q3 24 | $58.6B | $54.1B | ||
| Q2 24 | $58.4B | $52.4B | ||
| Q1 24 | $57.3B | $52.4B |
| Q4 25 | — | 1.33× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | — | 1.35× |
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 | $721.0M |
| 自由现金流经营现金流 - 资本支出 | $-67.3M | $-408.0M |
| 自由现金流率自由现金流/营收 | -2.0% | -14.0% |
| 资本支出强度资本支出/营收 | 29.2% | 38.7% |
| 现金转化率经营现金流/净利润 | 2.16× | 2.29× |
| 过去12个月自由现金流最近4个季度 | $-45.1M | $26.0M |
8季度趋势，按日历期对齐
| Q4 25 | $916.1M | $721.0M | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.1B | $478.0M | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $642.1M | $367.0M | ||
| Q3 24 | $555.6M | $623.0M | ||
| Q2 24 | $670.7M | $482.0M | ||
| Q1 24 | $291.3M | $661.0M |
| Q4 25 | $-67.3M | $-408.0M | ||
| Q3 25 | $-26.3M | $322.0M | ||
| Q2 25 | $15.3M | $-309.0M | ||
| Q1 25 | $33.2M | $421.0M | ||
| Q4 24 | $-546.5M | $-611.0M | ||
| Q3 24 | $-515.4M | $-145.0M | ||
| Q2 24 | $-400.8M | $-355.0M | ||
| Q1 24 | $-858.1M | $-136.0M |
| Q4 25 | -2.0% | -14.0% | ||
| Q3 25 | -0.8% | 10.0% | ||
| Q2 25 | 0.5% | -11.0% | ||
| Q1 25 | 0.8% | 13.1% | ||
| Q4 24 | -18.4% | -24.8% | ||
| Q3 24 | -16.8% | -5.5% | ||
| Q2 24 | -15.8% | -14.7% | ||
| Q1 24 | -25.7% | -4.9% |
| Q4 25 | 29.2% | 38.7% | ||
| Q3 25 | 35.0% | 22.6% | ||
| Q2 25 | 36.7% | 28.1% | ||
| Q1 25 | 24.5% | 19.5% | ||
| Q4 24 | 40.0% | 39.7% | ||
| Q3 24 | 35.0% | 29.1% | ||
| Q2 24 | 42.3% | 34.5% | ||
| Q1 24 | 34.5% | 28.9% |
| Q4 25 | 2.16× | 2.29× | ||
| Q3 25 | 2.98× | 1.69× | ||
| Q2 25 | 2.98× | 0.82× | ||
| Q1 25 | 1.88× | 1.78× | ||
| Q4 24 | 8.63× | 1.28× | ||
| Q3 24 | — | 1.20× | ||
| Q2 24 | 1.99× | 1.11× | ||
| Q1 24 | 0.56× | 1.24× |
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% |
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
