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Eversource Energy（ES）与西部数据（WDC）财务数据对比。点击上方公司名可切换其他公司
Eversource Energy的季度营收约是西部数据的1.1倍（$3.4B vs $3.0B），西部数据净利率更高（61.1% vs 12.6%，领先48.5%），西部数据同比增速更快（31.5% vs 13.4%），过去两年Eversource Energy的营收复合增速更高（0.6% vs -6.6%）
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。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
ES vs WDC — 直观对比
营收规模更大
ES
是对方的1.1倍
$3.0B
营收增速更快
WDC
高出18.1%
13.4%
净利率更高
WDC
高出48.5%
12.6%
两年增速更快
ES
近两年复合增速
-6.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $3.0B |
| 净利润 | $423.2M | $1.8B |
| 毛利率 | — | 45.7% |
| 营业利润率 | 21.1% | 30.1% |
| 净利率 | 12.6% | 61.1% |
| 营收同比 | 13.4% | 31.5% |
| 净利润同比 | 468.8% | 254.2% |
| 每股收益（稀释后） | $1.11 | $4.73 |
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ESWDC
| Q1 26 | — | $3.0B | ||
| Q4 25 | $3.4B | $2.8B | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $2.8B | $-1.2B | ||
| Q1 25 | $4.1B | $2.3B | ||
| Q4 24 | $3.0B | $4.3B | ||
| Q3 24 | $3.1B | $4.1B | ||
| Q2 24 | $2.5B | $3.8B |
净利润ESWDC
| Q1 26 | — | $1.8B | ||
| Q4 25 | $423.2M | $1.2B | ||
| Q3 25 | $369.4M | — | ||
| Q2 25 | $354.6M | $282.0M | ||
| Q1 25 | $552.7M | $520.0M | ||
| Q4 24 | $74.4M | $594.0M | ||
| Q3 24 | $-116.2M | $493.0M | ||
| Q2 24 | $337.2M | $39.0M |
毛利率ESWDC
| Q1 26 | — | 45.7% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 35.4% | ||
| Q3 24 | — | 37.9% | ||
| Q2 24 | — | 35.9% |
营业利润率ESWDC
| Q1 26 | — | 30.1% | ||
| Q4 25 | 21.1% | 28.1% | ||
| Q3 25 | 21.4% | — | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | 22.5% | 33.1% | ||
| Q4 24 | 11.7% | 19.9% | ||
| Q3 24 | 20.0% | 18.1% | ||
| Q2 24 | 23.8% | 5.7% |
净利率ESWDC
| Q1 26 | — | 61.1% | ||
| Q4 25 | 12.6% | 41.9% | ||
| Q3 25 | 11.5% | — | ||
| Q2 25 | 12.5% | -24.4% | ||
| Q1 25 | 13.4% | 22.7% | ||
| Q4 24 | 2.5% | 13.9% | ||
| Q3 24 | -3.8% | 12.0% | ||
| Q2 24 | 13.3% | 1.0% |
每股收益（稀释后）ESWDC
| Q1 26 | — | $4.73 | ||
| Q4 25 | $1.11 | $3.07 | ||
| Q3 25 | $0.99 | — | ||
| Q2 25 | $0.96 | $0.72 | ||
| Q1 25 | $1.50 | $1.42 | ||
| Q4 24 | $0.16 | $1.63 | ||
| Q3 24 | $-0.33 | $1.35 | ||
| Q2 24 | $0.95 | $0.15 |
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 | $2.0B |
| 总债务越低越好 | — | $4.7B |
| 股东权益账面价值 | $16.2B | $7.1B |
| 总资产 | $63.8B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资ESWDC
| Q1 26 | — | $2.0B | ||
| Q4 25 | $135.4M | $2.0B | ||
| Q3 25 | $259.3M | — | ||
| Q2 25 | $343.7M | $2.1B | ||
| Q1 25 | $111.4M | $3.5B | ||
| Q4 24 | $26.7M | $2.3B | ||
| Q3 24 | $97.9M | $1.7B | ||
| Q2 24 | — | $1.9B |
总债务ESWDC
| Q1 26 | — | $4.7B | ||
| Q4 25 | — | $4.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | — | $7.4B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $7.4B |
股东权益ESWDC
| Q1 26 | — | $7.1B | ||
| Q4 25 | $16.2B | $5.9B | ||
| Q3 25 | $16.0B | — | ||
| Q2 25 | $15.7B | $5.3B | ||
| Q1 25 | $15.3B | $5.2B | ||
| Q4 24 | $15.0B | $12.1B | ||
| Q3 24 | $15.0B | $11.6B | ||
| Q2 24 | $14.8B | $10.8B |
总资产ESWDC
| Q1 26 | — | $15.6B | ||
| Q4 25 | $63.8B | $14.4B | ||
| Q3 25 | $61.7B | — | ||
| Q2 25 | $61.0B | $14.0B | ||
| Q1 25 | $60.2B | $16.4B | ||
| Q4 24 | $59.6B | $25.5B | ||
| Q3 24 | $58.6B | $24.8B | ||
| Q2 24 | $58.4B | $24.2B |
负债/权益比ESWDC
| Q1 26 | — | 0.65× | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 1.42× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.69× |
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ESWDC
| Q1 26 | — | — | ||
| Q4 25 | $916.1M | $672.0M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | $746.0M | ||
| Q1 25 | $1.0B | $508.0M | ||
| Q4 24 | $642.1M | $403.0M | ||
| Q3 24 | $555.6M | $34.0M | ||
| Q2 24 | $670.7M | $366.0M |
自由现金流ESWDC
| Q1 26 | — | — | ||
| Q4 25 | $-67.3M | $599.0M | ||
| Q3 25 | $-26.3M | — | ||
| Q2 25 | $15.3M | $675.0M | ||
| Q1 25 | $33.2M | $379.0M | ||
| Q4 24 | $-546.5M | $287.0M | ||
| Q3 24 | $-515.4M | $-62.0M | ||
| Q2 24 | $-400.8M | $250.0M |
自由现金流率ESWDC
| Q1 26 | — | — | ||
| Q4 25 | -2.0% | 21.3% | ||
| Q3 25 | -0.8% | — | ||
| Q2 25 | 0.5% | -58.5% | ||
| Q1 25 | 0.8% | 16.5% | ||
| Q4 24 | -18.4% | 6.7% | ||
| Q3 24 | -16.8% | -1.5% | ||
| Q2 24 | -15.8% | 6.6% |
资本支出强度ESWDC
| Q1 26 | — | — | ||
| Q4 25 | 29.2% | 2.6% | ||
| Q3 25 | 35.0% | — | ||
| Q2 25 | 36.7% | -6.2% | ||
| Q1 25 | 24.5% | 5.6% | ||
| Q4 24 | 40.0% | 2.7% | ||
| Q3 24 | 35.0% | 2.3% | ||
| Q2 24 | 42.3% | 3.1% |
现金转化率ESWDC
| Q1 26 | — | — | ||
| Q4 25 | 2.16× | 0.57× | ||
| Q3 25 | 2.98× | — | ||
| Q2 25 | 2.98× | 2.65× | ||
| Q1 25 | 1.88× | 0.98× | ||
| Q4 24 | 8.63× | 0.68× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | 1.99× | 9.38× |
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% |
WDC
| Cloud | $2.7B | 89% |
| Client Devices | $176.0M | 6% |
| Consumer | $168.0M | 6% |
