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Entergy（ETR）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
Entergy的季度营收约是美泰的3.4倍（$3.0B vs $862.2M），Entergy净利率更高（8.1% vs 7.1%，领先1.1%），Entergy同比增速更快（7.9% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-909.7M），过去两年Entergy的营收复合增速更高（2.9% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
ETR vs MAT — 直观对比
营收规模更大
ETR
是对方的3.4倍
$862.2M
营收增速更快
ETR
高出3.6%
4.3%
净利率更高
ETR
高出1.1%
7.1%
自由现金流更多
MAT
多$821.6M
$-909.7M
两年增速更快
ETR
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $862.2M |
| 净利润 | $240.5M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 18.4% | — |
| 净利率 | 8.1% | 7.1% |
| 营收同比 | 7.9% | 4.3% |
| 净利润同比 | -16.2% | 251.4% |
| 每股收益（稀释后） | $0.51 | $0.20 |
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ETRMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $3.0B | $1.8B | ||
| Q3 25 | $3.8B | $1.7B | ||
| Q2 25 | $3.3B | $1.0B | ||
| Q1 25 | $2.8B | $826.6M | ||
| Q4 24 | $2.7B | $1.6B | ||
| Q3 24 | $3.4B | $1.8B | ||
| Q2 24 | $3.0B | $1.1B |
净利润ETRMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $240.5M | $106.2M | ||
| Q3 25 | $698.4M | $278.4M | ||
| Q2 25 | $472.0M | $53.4M | ||
| Q1 25 | $362.4M | $-40.3M | ||
| Q4 24 | $287.2M | $140.9M | ||
| Q3 24 | $645.8M | $372.4M | ||
| Q2 24 | $51.7M | $56.9M |
毛利率ETRMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率ETRMAT
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | 8.0% | ||
| Q3 25 | 29.4% | 21.9% | ||
| Q2 25 | 25.2% | 7.7% | ||
| Q1 25 | 24.6% | -6.4% | ||
| Q4 24 | 24.4% | 9.6% | ||
| Q3 24 | 33.2% | 26.5% | ||
| Q2 24 | 20.9% | 7.7% |
净利率ETRMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 8.1% | 6.0% | ||
| Q3 25 | 18.3% | 16.0% | ||
| Q2 25 | 14.2% | 5.2% | ||
| Q1 25 | 12.7% | -4.9% | ||
| Q4 24 | 10.5% | 8.6% | ||
| Q3 24 | 19.1% | 20.2% | ||
| Q2 24 | 1.8% | 5.3% |
每股收益（稀释后）ETRMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.51 | $0.32 | ||
| Q3 25 | $1.53 | $0.88 | ||
| Q2 25 | $1.05 | $0.16 | ||
| Q1 25 | $0.82 | $-0.12 | ||
| Q4 24 | $0.66 | $0.40 | ||
| Q3 24 | $1.50 | $1.09 | ||
| Q2 24 | $0.11 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | $30.3B | $2.3B |
| 股东权益账面价值 | $16.9B | $2.1B |
| 总资产 | $71.9B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.79× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ETRMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.5B | $691.9M | ||
| Q2 25 | $1.2B | $870.5M | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $859.7M | $1.4B | ||
| Q3 24 | $1.4B | $723.5M | ||
| Q2 24 | $1.4B | $722.4M |
总债务ETRMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $30.3B | $2.3B | ||
| Q3 25 | $29.0B | $2.3B | ||
| Q2 25 | $29.9B | $2.3B | ||
| Q1 25 | $29.6B | $2.3B | ||
| Q4 24 | $28.0B | $2.3B | ||
| Q3 24 | $27.9B | $2.3B | ||
| Q2 24 | $27.8B | $2.3B |
股东权益ETRMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $16.9B | $2.2B | ||
| Q3 25 | $16.7B | $2.3B | ||
| Q2 25 | $16.2B | $2.2B | ||
| Q1 25 | $15.2B | $2.1B | ||
| Q4 24 | $15.1B | $2.3B | ||
| Q3 24 | $15.0B | $2.3B | ||
| Q2 24 | $14.6B | $2.0B |
总资产ETRMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $71.9B | $6.6B | ||
| Q3 25 | $69.8B | $6.6B | ||
| Q2 25 | $68.4B | $6.2B | ||
| Q1 25 | $66.6B | $6.2B | ||
| Q4 24 | $64.8B | $6.5B | ||
| Q3 24 | $64.5B | $6.5B | ||
| Q2 24 | $62.8B | $5.9B |
负债/权益比ETRMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 1.79× | 1.04× | ||
| Q3 25 | 1.74× | 1.03× | ||
| Q2 25 | 1.85× | 1.08× | ||
| Q1 25 | 1.95× | 1.10× | ||
| Q4 24 | 1.86× | 1.03× | ||
| Q3 24 | 1.85× | 1.01× | ||
| Q2 24 | 1.91× | 1.18× |
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 | $-88.1M |
| 自由现金流率自由现金流/营收 | -30.7% | -10.2% |
| 资本支出强度资本支出/营收 | 71.9% | 7.6% |
| 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ETRMAT
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $796.6M | ||
| Q3 25 | $2.1B | $72.0M | ||
| Q2 25 | $1.3B | $-300.1M | ||
| Q1 25 | $536.2M | $24.8M | ||
| Q4 24 | $1.4B | $862.1M | ||
| Q3 24 | $1.6B | $155.8M | ||
| Q2 24 | $1.0B | $-252.9M |
自由现金流ETRMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $-909.7M | — | ||
| Q3 25 | $246.0M | — | ||
| Q2 25 | $-746.6M | — | ||
| Q1 25 | $-1.1B | — | ||
| Q4 24 | $-193.8M | — | ||
| Q3 24 | $421.8M | — | ||
| Q2 24 | $-137.8M | — |
自由现金流率ETRMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | -30.7% | — | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | -22.4% | — | ||
| Q1 25 | -39.5% | — | ||
| Q4 24 | -7.1% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | -4.7% | — |
资本支出强度ETRMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 71.9% | — | ||
| Q3 25 | 49.5% | — | ||
| Q2 25 | 60.3% | — | ||
| Q1 25 | 58.3% | — | ||
| Q4 24 | 57.4% | — | ||
| Q3 24 | 33.7% | — | ||
| Q2 24 | 39.4% | — |
现金转化率ETRMAT
| Q1 26 | — | — | ||
| Q4 25 | 5.06× | 7.50× | ||
| Q3 25 | 3.06× | 0.26× | ||
| Q2 25 | 2.67× | -5.62× | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 4.80× | 6.12× | ||
| Q3 24 | 2.42× | 0.42× | ||
| Q2 24 | 19.82× | -4.45× |
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% |
MAT
暂无分部数据
