vs
Entergy（ETR）与StandardAero, Inc.（SARO）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StandardAero, Inc.的1.8倍（$3.0B vs $1.6B），Entergy净利率更高（8.1% vs 4.9%，领先3.2%），StandardAero, Inc.同比增速更快（13.5% vs 7.9%），StandardAero, Inc.自由现金流更多（$307.3M vs $-909.7M），过去两年StandardAero, Inc.的营收复合增速更高（13.8% 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。
StandardAero Inc.是总部位于美国亚利桑那州斯科茨代尔的专业维护、维修及大修（MRO）服务提供商，深耕相关领域多年，服务覆盖航空等多个行业，可为客户提供高效可靠的定制化运维解决方案。
ETR vs SARO — 直观对比
营收规模更大
ETR
是对方的1.8倍
$1.6B
营收增速更快
SARO
高出5.6%
7.9%
净利率更高
ETR
高出3.2%
4.9%
自由现金流更多
SARO
多$1.2B
$-909.7M
两年增速更快
SARO
近两年复合增速
2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $1.6B |
| 净利润 | $240.5M | $78.6M |
| 毛利率 | — | 13.8% |
| 营业利润率 | 18.4% | 9.3% |
| 净利率 | 8.1% | 4.9% |
| 营收同比 | 7.9% | 13.5% |
| 净利润同比 | -16.2% | 659.6% |
| 每股收益（稀释后） | $0.51 | $0.24 |
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ETRSARO
| Q4 25 | $3.0B | $1.6B | ||
| Q3 25 | $3.8B | $1.5B | ||
| Q2 25 | $3.3B | $1.5B | ||
| Q1 25 | $2.8B | $1.4B | ||
| Q4 24 | $2.7B | $1.4B | ||
| Q3 24 | $3.4B | $1.2B | ||
| Q2 24 | $3.0B | $1.3B | ||
| Q1 24 | $2.8B | $1.2B |
净利润ETRSARO
| Q4 25 | $240.5M | $78.6M | ||
| Q3 25 | $698.4M | $68.1M | ||
| Q2 25 | $472.0M | $67.7M | ||
| Q1 25 | $362.4M | $62.9M | ||
| Q4 24 | $287.2M | $-14.1M | ||
| Q3 24 | $645.8M | $16.4M | ||
| Q2 24 | $51.7M | $5.4M | ||
| Q1 24 | $76.5M | $3.2M |
毛利率ETRSARO
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | 14.7% |
营业利润率ETRSARO
| Q4 25 | 18.4% | 9.3% | ||
| Q3 25 | 29.4% | 9.2% | ||
| Q2 25 | 25.2% | 8.9% | ||
| Q1 25 | 24.6% | 9.0% | ||
| Q4 24 | 24.4% | 6.7% | ||
| Q3 24 | 33.2% | 7.9% | ||
| Q2 24 | 20.9% | 7.8% | ||
| Q1 24 | 8.5% | 8.5% |
净利率ETRSARO
| Q4 25 | 8.1% | 4.9% | ||
| Q3 25 | 18.3% | 4.5% | ||
| Q2 25 | 14.2% | 4.4% | ||
| Q1 25 | 12.7% | 4.4% | ||
| Q4 24 | 10.5% | -1.0% | ||
| Q3 24 | 19.1% | 1.3% | ||
| Q2 24 | 1.8% | 0.4% | ||
| Q1 24 | 2.7% | 0.3% |
每股收益（稀释后）ETRSARO
| Q4 25 | $0.51 | $0.24 | ||
| Q3 25 | $1.53 | $0.20 | ||
| Q2 25 | $1.05 | $0.20 | ||
| Q1 25 | $0.82 | $0.19 | ||
| Q4 24 | $0.66 | $-0.05 | ||
| Q3 24 | $1.50 | $0.06 | ||
| Q2 24 | $0.11 | $0.02 | ||
| Q1 24 | $0.18 | $0.01 |
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 | $2.2B |
| 股东权益账面价值 | $16.9B | $2.7B |
| 总资产 | $71.9B | $6.6B |
| 负债/权益比越低杠杆越低 | 1.79× | 0.83× |
8季度趋势，按日历期对齐
现金及短期投资ETRSARO
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $859.7M | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | — | ||
| Q1 24 | $1.3B | — |
总债务ETRSARO
| Q4 25 | $30.3B | $2.2B | ||
| Q3 25 | $29.0B | $2.3B | ||
| Q2 25 | $29.9B | $2.3B | ||
| Q1 25 | $29.6B | $2.3B | ||
| Q4 24 | $28.0B | $2.2B | ||
| Q3 24 | $27.9B | $3.4B | ||
| Q2 24 | $27.8B | — | ||
| Q1 24 | $26.5B | — |
股东权益ETRSARO
| Q4 25 | $16.9B | $2.7B | ||
| Q3 25 | $16.7B | $2.6B | ||
| Q2 25 | $16.2B | $2.5B | ||
| Q1 25 | $15.2B | $2.4B | ||
| Q4 24 | $15.1B | $2.4B | ||
| Q3 24 | $15.0B | $1.2B | ||
| Q2 24 | $14.6B | $1.2B | ||
| Q1 24 | $14.5B | $1.2B |
总资产ETRSARO
| Q4 25 | $71.9B | $6.6B | ||
| Q3 25 | $69.8B | $6.6B | ||
| Q2 25 | $68.4B | $6.5B | ||
| Q1 25 | $66.6B | $6.5B | ||
| Q4 24 | $64.8B | $6.2B | ||
| Q3 24 | $64.5B | $6.1B | ||
| Q2 24 | $62.8B | — | ||
| Q1 24 | $61.6B | — |
负债/权益比ETRSARO
| Q4 25 | 1.79× | 0.83× | ||
| Q3 25 | 1.74× | 0.90× | ||
| Q2 25 | 1.85× | 0.92× | ||
| Q1 25 | 1.95× | 0.96× | ||
| Q4 24 | 1.86× | 0.94× | ||
| Q3 24 | 1.85× | 2.94× | ||
| Q2 24 | 1.91× | — | ||
| Q1 24 | 1.83× | — |
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 | $323.0M |
| 自由现金流经营现金流 - 资本支出 | $-909.7M | $307.3M |
| 自由现金流率自由现金流/营收 | -30.7% | 19.2% |
| 资本支出强度资本支出/营收 | 71.9% | 1.0% |
| 现金转化率经营现金流/净利润 | 5.06× | 4.11× |
| 过去12个月自由现金流最近4个季度 | $-2.5B | $234.3M |
8季度趋势，按日历期对齐
经营现金流ETRSARO
| Q4 25 | $1.2B | $323.0M | ||
| Q3 25 | $2.1B | $14.8M | ||
| Q2 25 | $1.3B | $2.9M | ||
| Q1 25 | $536.2M | $-24.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.6B | $-13.9M | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $521.1M | $-83.6M |
自由现金流ETRSARO
| Q4 25 | $-909.7M | $307.3M | ||
| Q3 25 | $246.0M | $-4.7M | ||
| Q2 25 | $-746.6M | $-19.0M | ||
| Q1 25 | $-1.1B | $-49.3M | ||
| Q4 24 | $-193.8M | — | ||
| Q3 24 | $421.8M | $-39.2M | ||
| Q2 24 | $-137.8M | — | ||
| Q1 24 | $-440.1M | $-102.0M |
自由现金流率ETRSARO
| Q4 25 | -30.7% | 19.2% | ||
| Q3 25 | 6.5% | -0.3% | ||
| Q2 25 | -22.4% | -1.2% | ||
| Q1 25 | -39.5% | -3.4% | ||
| Q4 24 | -7.1% | — | ||
| Q3 24 | 12.4% | -3.1% | ||
| Q2 24 | -4.7% | — | ||
| Q1 24 | -15.7% | -8.3% |
资本支出强度ETRSARO
| Q4 25 | 71.9% | 1.0% | ||
| Q3 25 | 49.5% | 1.3% | ||
| Q2 25 | 60.3% | 1.4% | ||
| Q1 25 | 58.3% | 1.8% | ||
| Q4 24 | 57.4% | — | ||
| Q3 24 | 33.7% | 2.0% | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 34.4% | 1.5% |
现金转化率ETRSARO
| Q4 25 | 5.06× | 4.11× | ||
| Q3 25 | 3.06× | 0.22× | ||
| Q2 25 | 2.67× | 0.04× | ||
| Q1 25 | 1.48× | -0.38× | ||
| Q4 24 | 4.80× | — | ||
| Q3 24 | 2.42× | -0.84× | ||
| Q2 24 | 19.82× | — | ||
| Q1 24 | 6.81× | -26.22× |
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% |
SARO
| Commercial Aerospace | $1.0B | 63% |
| Business Aviation | $266.2M | 17% |
| Military And Helicopter | $262.0M | 16% |
| Other | $68.1M | 4% |
