vs
Entergy（ETR）与直觉外科（ISRG）财务数据对比。点击上方公司名可切换其他公司
Entergy的季度营收约是直觉外科的1.1倍（$3.0B vs $2.8B），直觉外科净利率更高（29.8% vs 8.1%，领先21.7%），直觉外科同比增速更快（23.0% vs 7.9%），过去两年直觉外科的营收复合增速更高（17.4% vs 2.9%）
Entergy是美国能源企业，主营电力生产及零售配送业务，服务覆盖美国南部腹地，总部设于路易斯安那州新奥尔良。公司为阿肯色、路易斯安那、密西西比、得克萨斯四州共300万用户供电，发电装机容量约24000兆瓦，年营收110亿美元，员工规模超12000人。
直觉外科（Intuitive Surgical）是美国医疗科技企业，主打研发、生产及销售微创外科手术机器人产品，核心产品为达芬奇手术系统，可有效提升患者临床治疗效果。该公司为纳斯达克100、标普100及标普500指数成分股，截至2021年末全球达芬奇系统装机量达6730台，其中美国市场占4139台。
ETR vs ISRG — 直观对比
营收规模更大
ETR
是对方的1.1倍
$2.8B
营收增速更快
ISRG
高出15.1%
7.9%
净利率更高
ISRG
高出21.7%
8.1%
两年增速更快
ISRG
近两年复合增速
2.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $2.8B |
| 净利润 | $240.5M | $826.0M |
| 毛利率 | — | 66.1% |
| 营业利润率 | 18.4% | — |
| 净利率 | 8.1% | 29.8% |
| 营收同比 | 7.9% | 23.0% |
| 净利润同比 | -16.2% | 17.4% |
| 每股收益（稀释后） | $0.51 | $2.28 |
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ETRISRG
| Q1 26 | — | $2.8B | ||
| Q4 25 | $3.0B | $2.9B | ||
| Q3 25 | $3.8B | $2.5B | ||
| Q2 25 | $3.3B | $2.4B | ||
| Q1 25 | $2.8B | $2.3B | ||
| Q4 24 | $2.7B | $2.4B | ||
| Q3 24 | $3.4B | $2.0B | ||
| Q2 24 | $3.0B | $2.0B |
净利润ETRISRG
| Q1 26 | — | $826.0M | ||
| Q4 25 | $240.5M | $794.8M | ||
| Q3 25 | $698.4M | $704.4M | ||
| Q2 25 | $472.0M | $658.4M | ||
| Q1 25 | $362.4M | $698.4M | ||
| Q4 24 | $287.2M | $685.7M | ||
| Q3 24 | $645.8M | $565.1M | ||
| Q2 24 | $51.7M | $526.9M |
毛利率ETRISRG
| Q1 26 | — | 66.1% | ||
| Q4 25 | — | 66.4% | ||
| Q3 25 | — | 66.4% | ||
| Q2 25 | — | 66.3% | ||
| Q1 25 | — | 64.7% | ||
| Q4 24 | — | 68.0% | ||
| Q3 24 | — | 67.4% | ||
| Q2 24 | — | 68.3% |
营业利润率ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | 30.2% | ||
| Q3 25 | 29.4% | 30.3% | ||
| Q2 25 | 25.2% | 30.5% | ||
| Q1 25 | 24.6% | 25.7% | ||
| Q4 24 | 24.4% | 30.4% | ||
| Q3 24 | 33.2% | 28.3% | ||
| Q2 24 | 20.9% | 28.2% |
净利率ETRISRG
| Q1 26 | — | 29.8% | ||
| Q4 25 | 8.1% | 27.7% | ||
| Q3 25 | 18.3% | 28.1% | ||
| Q2 25 | 14.2% | 27.0% | ||
| Q1 25 | 12.7% | 31.0% | ||
| Q4 24 | 10.5% | 28.4% | ||
| Q3 24 | 19.1% | 27.7% | ||
| Q2 24 | 1.8% | 26.2% |
每股收益（稀释后）ETRISRG
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.51 | $2.19 | ||
| Q3 25 | $1.53 | $1.95 | ||
| Q2 25 | $1.05 | $1.81 | ||
| Q1 25 | $0.82 | $1.92 | ||
| Q4 24 | $0.66 | $1.89 | ||
| Q3 24 | $1.50 | $1.56 | ||
| Q2 24 | $0.11 | $1.46 |
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 | $1.9B | — |
| 总债务越低越好 | $30.3B | — |
| 股东权益账面价值 | $16.9B | $17.6B |
| 总资产 | $71.9B | $20.1B |
| 负债/权益比越低杠杆越低 | 1.79× | — |
8季度趋势，按日历期对齐
现金及短期投资ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $5.9B | ||
| Q3 25 | $1.5B | $4.9B | ||
| Q2 25 | $1.2B | $5.3B | ||
| Q1 25 | $1.5B | $4.5B | ||
| Q4 24 | $859.7M | $4.0B | ||
| Q3 24 | $1.4B | $4.2B | ||
| Q2 24 | $1.4B | $4.8B |
总债务ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | $30.3B | — | ||
| Q3 25 | $29.0B | — | ||
| Q2 25 | $29.9B | — | ||
| Q1 25 | $29.6B | — | ||
| Q4 24 | $28.0B | — | ||
| Q3 24 | $27.9B | — | ||
| Q2 24 | $27.8B | — |
股东权益ETRISRG
| Q1 26 | — | $17.6B | ||
| Q4 25 | $16.9B | $17.8B | ||
| Q3 25 | $16.7B | $16.9B | ||
| Q2 25 | $16.2B | $17.8B | ||
| Q1 25 | $15.2B | $17.1B | ||
| Q4 24 | $15.1B | $16.4B | ||
| Q3 24 | $15.0B | $15.6B | ||
| Q2 24 | $14.6B | $14.7B |
总资产ETRISRG
| Q1 26 | — | $20.1B | ||
| Q4 25 | $71.9B | $20.5B | ||
| Q3 25 | $69.8B | $19.4B | ||
| Q2 25 | $68.4B | $20.2B | ||
| Q1 25 | $66.6B | $19.2B | ||
| Q4 24 | $64.8B | $18.7B | ||
| Q3 24 | $64.5B | $17.7B | ||
| Q2 24 | $62.8B | $16.6B |
负债/权益比ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | 1.79× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.95× | — | ||
| Q4 24 | 1.86× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.91× | — |
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 | $1.2B | — |
| 自由现金流经营现金流 - 资本支出 | $-909.7M | — |
| 自由现金流率自由现金流/营收 | -30.7% | — |
| 资本支出强度资本支出/营收 | 71.9% | — |
| 现金转化率经营现金流/净利润 | 5.06× | — |
| 过去12个月自由现金流最近4个季度 | $-2.5B | — |
8季度趋势，按日历期对齐
经营现金流ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $892.5M | ||
| Q3 25 | $2.1B | $841.0M | ||
| Q2 25 | $1.3B | $715.4M | ||
| Q1 25 | $536.2M | $581.6M | ||
| Q4 24 | $1.4B | $822.6M | ||
| Q3 24 | $1.6B | $706.5M | ||
| Q2 24 | $1.0B | $620.5M |
自由现金流ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | $-909.7M | $730.0M | ||
| Q3 25 | $246.0M | $735.6M | ||
| Q2 25 | $-746.6M | $560.1M | ||
| Q1 25 | $-1.1B | $465.0M | ||
| Q4 24 | $-193.8M | $510.6M | ||
| Q3 24 | $421.8M | $458.6M | ||
| Q2 24 | $-137.8M | $311.1M |
自由现金流率ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | -30.7% | 25.5% | ||
| Q3 25 | 6.5% | 29.4% | ||
| Q2 25 | -22.4% | 23.0% | ||
| Q1 25 | -39.5% | 20.6% | ||
| Q4 24 | -7.1% | 21.2% | ||
| Q3 24 | 12.4% | 22.5% | ||
| Q2 24 | -4.7% | 15.5% |
资本支出强度ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | 71.9% | 5.7% | ||
| Q3 25 | 49.5% | 4.2% | ||
| Q2 25 | 60.3% | 6.4% | ||
| Q1 25 | 58.3% | 5.2% | ||
| Q4 24 | 57.4% | 12.9% | ||
| Q3 24 | 33.7% | 12.2% | ||
| Q2 24 | 39.4% | 15.4% |
现金转化率ETRISRG
| Q1 26 | — | — | ||
| Q4 25 | 5.06× | 1.12× | ||
| Q3 25 | 3.06× | 1.19× | ||
| Q2 25 | 2.67× | 1.09× | ||
| Q1 25 | 1.48× | 0.83× | ||
| Q4 24 | 4.80× | 1.20× | ||
| Q3 24 | 2.42× | 1.25× | ||
| Q2 24 | 19.82× | 1.18× |
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
ETR
| Electricity Us Regulated | $2.9B | 100% |
| Other | $13.7M | 0% |
ISRG
| Instruments and accessories | $1.7B | 61% |
| Systems | $650.7M | 23% |
| Services | $433.7M | 16% |
