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Evergy（EVRG）与WEC Energy Group（WEC）财务数据对比。点击上方公司名可切换其他公司
WEC Energy Group的季度营收约是Evergy的2.0倍（$2.5B vs $1.3B），WEC Energy Group净利率更高（12.5% vs 6.5%，领先6.0%），WEC Energy Group同比增速更快（11.1% vs 5.3%），过去两年Evergy的营收复合增速更高（0.4% vs -2.7%）
Evergy Inc.是美国投资者所有的上市公用事业企业，总部位于堪萨斯州托皮卡和密苏里州堪萨斯城。公司由托皮卡的Westar Energy与堪萨斯城电力与照明公司的母公司Great Plains Energy合并组建，是堪萨斯州规模最大的电力公司，为两州超过170万户住宅、商业及工业客户提供供电服务。
WEC能源集团是总部位于美国威斯康星州密尔沃基的知名能源企业，业务覆盖美国四个州，为总计440万用户提供可靠的电力及天然气供应服务，是北美地区颇具规模的区域性能源服务商。
EVRG vs WEC — 直观对比
营收规模更大
WEC
是对方的2.0倍
$1.3B
营收增速更快
WEC
高出5.8%
5.3%
净利率更高
WEC
高出6.0%
6.5%
两年增速更快
EVRG
近两年复合增速
-2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $2.5B |
| 净利润 | $84.3M | $316.8M |
| 毛利率 | — | 63.7% |
| 营业利润率 | 18.5% | 17.9% |
| 净利率 | 6.5% | 12.5% |
| 营收同比 | 5.3% | 11.1% |
| 净利润同比 | 7.8% | -30.1% |
| 每股收益（稀释后） | $0.35 | — |
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EVRGWEC
| Q4 25 | $1.3B | $2.5B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $1.3B | $3.1B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.8B | $1.9B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $1.3B | $2.7B |
净利润EVRGWEC
| Q4 25 | $84.3M | $316.8M | ||
| Q3 25 | $475.0M | $270.2M | ||
| Q2 25 | $171.3M | $243.0M | ||
| Q1 25 | $125.0M | $725.5M | ||
| Q4 24 | $78.2M | $453.1M | ||
| Q3 24 | $465.6M | $238.6M | ||
| Q2 24 | $207.0M | $210.0M | ||
| Q1 24 | $122.7M | $622.6M |
毛利率EVRGWEC
| Q4 25 | — | 63.7% | ||
| Q3 25 | — | 71.1% | ||
| Q2 25 | — | 71.6% | ||
| Q1 25 | — | 63.0% | ||
| Q4 24 | — | 67.7% | ||
| Q3 24 | — | 72.1% | ||
| Q2 24 | — | 73.5% | ||
| Q1 24 | — | 65.4% |
营业利润率EVRGWEC
| Q4 25 | 18.5% | 17.9% | ||
| Q3 25 | 37.3% | 21.4% | ||
| Q2 25 | 25.4% | 20.1% | ||
| Q1 25 | 22.5% | 29.8% | ||
| Q4 24 | 18.1% | 25.9% | ||
| Q3 24 | 35.1% | 20.6% | ||
| Q2 24 | 25.4% | 20.6% | ||
| Q1 24 | 20.3% | 30.3% |
净利率EVRGWEC
| Q4 25 | 6.5% | 12.5% | ||
| Q3 25 | 26.9% | 12.8% | ||
| Q2 25 | 12.6% | 12.1% | ||
| Q1 25 | 9.7% | 23.0% | ||
| Q4 24 | 6.4% | 19.8% | ||
| Q3 24 | 26.0% | 12.8% | ||
| Q2 24 | 14.7% | 11.9% | ||
| Q1 24 | 9.6% | 23.2% |
每股收益（稀释后）EVRGWEC
| Q4 25 | $0.35 | — | ||
| Q3 25 | $2.03 | — | ||
| Q2 25 | $0.74 | — | ||
| Q1 25 | $0.54 | — | ||
| Q4 24 | $0.34 | — | ||
| Q3 24 | $2.02 | — | ||
| Q2 24 | $0.90 | — | ||
| Q1 24 | $0.53 | — |
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 | $19.8M | $27.6M |
| 总债务越低越好 | — | $20.0B |
| 股东权益账面价值 | $10.2B | $14.1B |
| 总资产 | $33.9B | $51.5B |
| 负债/权益比越低杠杆越低 | — | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资EVRGWEC
| Q4 25 | $19.8M | $27.6M | ||
| Q3 25 | $27.5M | $51.1M | ||
| Q2 25 | $27.8M | $23.0M | ||
| Q1 25 | $35.3M | $82.2M | ||
| Q4 24 | $22.0M | $9.8M | ||
| Q3 24 | $34.6M | $322.5M | ||
| Q2 24 | $26.1M | $224.0M | ||
| Q1 24 | $63.7M | $38.9M |
总债务EVRGWEC
| Q4 25 | — | $20.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $18.9B | ||
| Q3 24 | — | $16.9B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $15.4B |
股东权益EVRGWEC
| Q4 25 | $10.2B | $14.1B | ||
| Q3 25 | $10.3B | $14.0B | ||
| Q2 25 | $10.0B | $13.7B | ||
| Q1 25 | $9.9B | $13.4B | ||
| Q4 24 | $10.0B | $12.8B | ||
| Q3 24 | $10.0B | $12.4B | ||
| Q2 24 | $9.7B | $12.4B | ||
| Q1 24 | $9.6B | $12.4B |
总资产EVRGWEC
| Q4 25 | $33.9B | $51.5B | ||
| Q3 25 | $33.4B | $49.8B | ||
| Q2 25 | $32.9B | $48.5B | ||
| Q1 25 | $32.5B | $48.2B | ||
| Q4 24 | $32.3B | $47.4B | ||
| Q3 24 | $32.1B | $45.2B | ||
| Q2 24 | $31.8B | $44.6B | ||
| Q1 24 | $31.3B | $43.9B |
负债/权益比EVRGWEC
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.24× |
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 | $334.0M | $424.6M |
| 自由现金流经营现金流 - 资本支出 | $-530.5M | — |
| 自由现金流率自由现金流/营收 | -41.1% | — |
| 资本支出强度资本支出/营收 | 66.9% | — |
| 现金转化率经营现金流/净利润 | 3.96× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $-751.7M | — |
8季度趋势，按日历期对齐
经营现金流EVRGWEC
| Q4 25 | $334.0M | $424.6M | ||
| Q3 25 | $937.7M | $938.9M | ||
| Q2 25 | $323.9M | $853.3M | ||
| Q1 25 | $449.6M | $1.2B | ||
| Q4 24 | $395.6M | $581.8M | ||
| Q3 24 | $953.3M | $729.0M | ||
| Q2 24 | $317.5M | $1.0B | ||
| Q1 24 | $317.3M | $863.6M |
自由现金流EVRGWEC
| Q4 25 | $-530.5M | — | ||
| Q3 25 | $225.4M | $-625.7M | ||
| Q2 25 | $-303.4M | $23.9M | ||
| Q1 25 | $-143.2M | $461.5M | ||
| Q4 24 | $-118.6M | — | ||
| Q3 24 | $427.0M | $-67.3M | ||
| Q2 24 | $-360.0M | $343.5M | ||
| Q1 24 | $-301.3M | $419.1M |
自由现金流率EVRGWEC
| Q4 25 | -41.1% | — | ||
| Q3 25 | 12.8% | -29.7% | ||
| Q2 25 | -22.4% | 1.2% | ||
| Q1 25 | -11.1% | 14.7% | ||
| Q4 24 | -9.7% | — | ||
| Q3 24 | 23.9% | -3.6% | ||
| Q2 24 | -25.6% | 19.4% | ||
| Q1 24 | -23.5% | 15.6% |
资本支出强度EVRGWEC
| Q4 25 | 66.9% | — | ||
| Q3 25 | 40.4% | 74.4% | ||
| Q2 25 | 46.3% | 41.3% | ||
| Q1 25 | 45.8% | 22.3% | ||
| Q4 24 | 41.9% | — | ||
| Q3 24 | 29.4% | 42.7% | ||
| Q2 24 | 48.1% | 39.2% | ||
| Q1 24 | 48.3% | 16.6% |
现金转化率EVRGWEC
| Q4 25 | 3.96× | 1.34× | ||
| Q3 25 | 1.97× | 3.47× | ||
| Q2 25 | 1.89× | 3.51× | ||
| Q1 25 | 3.60× | 1.60× | ||
| Q4 24 | 5.06× | 1.28× | ||
| Q3 24 | 2.05× | 3.06× | ||
| Q2 24 | 1.53× | 4.94× | ||
| Q1 24 | 2.59× | 1.39× |
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
EVRG
| Electric Utility Customer Class Residential | $462.9M | 36% |
| Electric Utility Customer Class Commercial | $447.6M | 35% |
| Electric Utility Customer Class Industrial | $164.1M | 13% |
| Electric Utility Customer Class Transmission | $129.4M | 10% |
| Electric Utility Customer Class Wholesale | $69.7M | 5% |
| Electric Utility Customer Class Other Retail | $12.2M | 1% |
| Electric Utility Customer Class Industrial Steam | $5.7M | 0% |
WEC
| Wisconsin | $1.9B | 73% |
| Illinois | $441.2M | 17% |
| Other States | $165.1M | 7% |
| External Revenues | $74.0M | 3% |
| Otheroperatingrevenues | $8.0M | 0% |
