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Entergy（ETR）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
Raymond James Financial的季度营收约是Entergy的1.3倍（$3.9B vs $3.0B），Raymond James Financial净利率更高（14.1% vs 8.1%，领先6.0%），Raymond James Financial同比增速更快（13.0% vs 7.9%），过去两年Entergy的营收复合增速更高（2.9% vs 1.3%）
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。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
ETR vs RJF — 直观对比
营收规模更大
RJF
是对方的1.3倍
$3.0B
营收增速更快
RJF
高出5.1%
7.9%
净利率更高
RJF
高出6.0%
8.1%
两年增速更快
ETR
近两年复合增速
1.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $3.9B |
| 净利润 | $240.5M | $544.0M |
| 毛利率 | — | — |
| 营业利润率 | 18.4% | — |
| 净利率 | 8.1% | 14.1% |
| 营收同比 | 7.9% | 13.0% |
| 净利润同比 | -16.2% | 10.0% |
| 每股收益（稀释后） | $0.51 | $2.83 |
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ETRRJF
| Q1 26 | — | $3.9B | ||
| Q4 25 | $3.0B | $4.2B | ||
| Q3 25 | $3.8B | $4.2B | ||
| Q2 25 | $3.3B | $3.8B | ||
| Q1 25 | $2.8B | $3.8B | ||
| Q4 24 | $2.7B | $4.0B | ||
| Q3 24 | $3.4B | $4.0B | ||
| Q2 24 | $3.0B | $3.8B |
净利润ETRRJF
| Q1 26 | — | $544.0M | ||
| Q4 25 | $240.5M | $563.0M | ||
| Q3 25 | $698.4M | $604.0M | ||
| Q2 25 | $472.0M | $436.0M | ||
| Q1 25 | $362.4M | $495.0M | ||
| Q4 24 | $287.2M | $600.0M | ||
| Q3 24 | $645.8M | $602.0M | ||
| Q2 24 | $51.7M | $492.0M |
营业利润率ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | — | ||
| Q3 25 | 29.4% | — | ||
| Q2 25 | 25.2% | 14.7% | ||
| Q1 25 | 24.6% | 17.5% | ||
| Q4 24 | 24.4% | 18.6% | ||
| Q3 24 | 33.2% | — | ||
| Q2 24 | 20.9% | 17.1% |
净利率ETRRJF
| Q1 26 | — | 14.1% | ||
| Q4 25 | 8.1% | 13.5% | ||
| Q3 25 | 18.3% | 14.4% | ||
| Q2 25 | 14.2% | 11.3% | ||
| Q1 25 | 12.7% | 12.9% | ||
| Q4 24 | 10.5% | 14.9% | ||
| Q3 24 | 19.1% | 15.0% | ||
| Q2 24 | 1.8% | 13.1% |
每股收益（稀释后）ETRRJF
| Q1 26 | — | $2.83 | ||
| Q4 25 | $0.51 | $2.79 | ||
| Q3 25 | $1.53 | $2.96 | ||
| Q2 25 | $1.05 | $2.12 | ||
| Q1 25 | $0.82 | $2.36 | ||
| Q4 24 | $0.66 | $2.86 | ||
| Q3 24 | $1.50 | $2.85 | ||
| Q2 24 | $0.11 | $2.31 |
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 | $5.4B |
| 总债务越低越好 | $30.3B | — |
| 股东权益账面价值 | $16.9B | $52.0M |
| 总资产 | $71.9B | $91.9B |
| 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ETRRJF
| Q1 26 | — | $5.4B | ||
| Q4 25 | $1.9B | $9.9B | ||
| Q3 25 | $1.5B | $11.4B | ||
| Q2 25 | $1.2B | $9.2B | ||
| Q1 25 | $1.5B | $9.7B | ||
| Q4 24 | $859.7M | $10.0B | ||
| Q3 24 | $1.4B | $11.0B | ||
| Q2 24 | $1.4B | $9.1B |
总债务ETRRJF
| 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ETRRJF
| Q1 26 | — | $52.0M | ||
| Q4 25 | $16.9B | $12.6B | ||
| Q3 25 | $16.7B | $12.5B | ||
| Q2 25 | $16.2B | $12.3B | ||
| Q1 25 | $15.2B | $12.2B | ||
| Q4 24 | $15.1B | $11.9B | ||
| Q3 24 | $15.0B | $11.7B | ||
| Q2 24 | $14.6B | $11.2B |
总资产ETRRJF
| Q1 26 | — | $91.9B | ||
| Q4 25 | $71.9B | $88.8B | ||
| Q3 25 | $69.8B | $88.2B | ||
| Q2 25 | $68.4B | $84.8B | ||
| Q1 25 | $66.6B | $83.1B | ||
| Q4 24 | $64.8B | $82.3B | ||
| Q3 24 | $64.5B | $83.0B | ||
| Q2 24 | $62.8B | $80.6B |
负债/权益比ETRRJF
| 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ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $-10.0M | ||
| Q3 25 | $2.1B | $796.0M | ||
| Q2 25 | $1.3B | $691.0M | ||
| Q1 25 | $536.2M | $117.0M | ||
| Q4 24 | $1.4B | $830.0M | ||
| Q3 24 | $1.6B | $510.0M | ||
| Q2 24 | $1.0B | $711.0M |
自由现金流ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | $-909.7M | $-56.0M | ||
| Q3 25 | $246.0M | $752.0M | ||
| Q2 25 | $-746.6M | $634.0M | ||
| Q1 25 | $-1.1B | $71.0M | ||
| Q4 24 | $-193.8M | $789.0M | ||
| Q3 24 | $421.8M | $460.0M | ||
| Q2 24 | $-137.8M | $655.0M |
自由现金流率ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | -30.7% | -1.3% | ||
| Q3 25 | 6.5% | 17.9% | ||
| Q2 25 | -22.4% | 16.5% | ||
| Q1 25 | -39.5% | 1.8% | ||
| Q4 24 | -7.1% | 19.6% | ||
| Q3 24 | 12.4% | 11.5% | ||
| Q2 24 | -4.7% | 17.4% |
资本支出强度ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | 71.9% | 1.1% | ||
| Q3 25 | 49.5% | 1.1% | ||
| Q2 25 | 60.3% | 1.5% | ||
| Q1 25 | 58.3% | 1.2% | ||
| Q4 24 | 57.4% | 1.0% | ||
| Q3 24 | 33.7% | 1.2% | ||
| Q2 24 | 39.4% | 1.5% |
现金转化率ETRRJF
| Q1 26 | — | — | ||
| Q4 25 | 5.06× | -0.02× | ||
| Q3 25 | 3.06× | 1.32× | ||
| Q2 25 | 2.67× | 1.58× | ||
| Q1 25 | 1.48× | 0.24× | ||
| Q4 24 | 4.80× | 1.38× | ||
| Q3 24 | 2.42× | 0.85× | ||
| Q2 24 | 19.82× | 1.45× |
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% |
RJF
| Private Client Group | $2.8B | 73% |
| Bank | $486.0M | 13% |
| Capital Markets | $464.0M | 12% |
| Other | $99.0M | 3% |
