vs
Exelon（EXC）与康宁（GLW）财务数据对比。点击上方公司名可切换其他公司
Exelon的季度营收约是康宁的1.3倍（$5.4B vs $4.2B），康宁同比增速更快（20.4% vs -19.4%），过去两年康宁的营收复合增速更高（19.0% vs 0.5%）
Exelon是总部位于美国芝加哥、在宾夕法尼亚州注册的公用事业企业，按营收计算为美国最大的电力母公司，同时是美国规模最大的受监管电力公用事业公司，服务约1000万用户，位列《财富》世界500强第187位。
康宁是1851年成立的美国跨国科技企业，主营玻璃、陶瓷及相关材料技术，产品线涵盖先进光学产品，主要应用于工业与科研领域。20世纪曾推出多款知名消费产品，包括康宁锅、Corelle餐具、Pyrex烘焙玻璃器皿等，广受市场欢迎。
EXC vs GLW — 直观对比
营收规模更大
EXC
是对方的1.3倍
$4.2B
营收增速更快
GLW
高出39.8%
-19.4%
两年增速更快
GLW
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $4.2B |
| 净利润 | — | $540.0M |
| 毛利率 | — | 35.5% |
| 营业利润率 | 21.9% | 15.9% |
| 净利率 | — | 12.8% |
| 营收同比 | -19.4% | 20.4% |
| 净利润同比 | — | 74.2% |
| 每股收益（稀释后） | — | $0.61 |
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EXCGLW
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $4.2B | ||
| Q3 25 | $6.7B | $4.1B | ||
| Q2 25 | $5.4B | $3.9B | ||
| Q1 25 | $6.7B | $3.5B | ||
| Q4 24 | $5.5B | $3.5B | ||
| Q3 24 | $6.2B | $3.4B | ||
| Q2 24 | $5.4B | $3.3B |
净利润EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | $594.0M | $540.0M | ||
| Q3 25 | $875.0M | $430.0M | ||
| Q2 25 | $391.0M | $469.0M | ||
| Q1 25 | $908.0M | $157.0M | ||
| Q4 24 | $647.0M | $310.0M | ||
| Q3 24 | $707.0M | $-117.0M | ||
| Q2 24 | $448.0M | $104.0M |
毛利率EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 37.1% | ||
| Q2 25 | — | 36.0% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.2% | ||
| Q3 24 | — | 33.5% | ||
| Q2 24 | — | 29.2% |
营业利润率EXCGLW
| Q1 26 | 21.9% | — | ||
| Q4 25 | 21.9% | 15.9% | ||
| Q3 25 | 22.4% | 14.4% | ||
| Q2 25 | 17.1% | 14.8% | ||
| Q1 25 | 22.9% | 12.9% | ||
| Q4 24 | 20.0% | 11.2% | ||
| Q3 24 | 19.4% | 8.9% | ||
| Q2 24 | 17.0% | 5.7% |
净利率EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 12.8% | ||
| Q3 25 | 13.0% | 10.5% | ||
| Q2 25 | 7.2% | 12.1% | ||
| Q1 25 | 13.5% | 4.5% | ||
| Q4 24 | 11.8% | 8.9% | ||
| Q3 24 | 11.5% | -3.5% | ||
| Q2 24 | 8.4% | 3.2% |
每股收益（稀释后）EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | — | $0.61 | ||
| Q3 25 | $0.86 | $0.50 | ||
| Q2 25 | $0.39 | $0.54 | ||
| Q1 25 | $0.90 | $0.18 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | $0.70 | $-0.14 | ||
| Q2 24 | $0.45 | $0.12 |
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 | $626.0M | $1.5B |
| 总债务越低越好 | $49.4B | $7.6B |
| 股东权益账面价值 | $28.8B | $11.8B |
| 总资产 | $116.6B | $31.0B |
| 负债/权益比越低杠杆越低 | 1.72× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资EXCGLW
| Q1 26 | $626.0M | — | ||
| Q4 25 | $626.0M | $1.5B | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $724.0M | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $357.0M | $1.8B | ||
| Q3 24 | $616.0M | — | ||
| Q2 24 | $934.0M | — |
总债务EXCGLW
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $7.6B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $6.7B | ||
| Q1 25 | — | $7.0B | ||
| Q4 24 | $44.7B | $6.9B | ||
| Q3 24 | — | $7.1B | ||
| Q2 24 | — | $6.9B |
股东权益EXCGLW
| Q1 26 | $28.8B | — | ||
| Q4 25 | $28.8B | $11.8B | ||
| Q3 25 | $28.1B | $11.5B | ||
| Q2 25 | $27.6B | $11.1B | ||
| Q1 25 | $27.6B | $10.7B | ||
| Q4 24 | $26.9B | $10.7B | ||
| Q3 24 | $26.6B | $11.1B | ||
| Q2 24 | $26.2B | $10.6B |
总资产EXCGLW
| Q1 26 | $116.6B | — | ||
| Q4 25 | $116.6B | $31.0B | ||
| Q3 25 | $113.5B | $29.9B | ||
| Q2 25 | $111.1B | $28.7B | ||
| Q1 25 | $109.5B | $27.4B | ||
| Q4 24 | $107.8B | $27.7B | ||
| Q3 24 | $106.1B | $28.3B | ||
| Q2 24 | $105.1B | $27.2B |
负债/权益比EXCGLW
| Q1 26 | 1.72× | — | ||
| Q4 25 | 1.72× | 0.65× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | 1.66× | 0.64× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.65× |
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 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $620.0M |
| 自由现金流率自由现金流/营收 | — | 14.7% |
| 资本支出强度资本支出/营收 | — | 10.2% |
| 现金转化率经营现金流/净利润 | — | 1.95× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $2.3B | $784.0M | ||
| Q2 25 | $1.5B | $708.0M | ||
| Q1 25 | $1.2B | $151.0M | ||
| Q4 24 | $1.4B | $623.0M | ||
| Q3 24 | $1.7B | $699.0M | ||
| Q2 24 | $1.5B | $521.0M |
自由现金流EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $620.0M | ||
| Q3 25 | $163.0M | $450.0M | ||
| Q2 25 | $-502.0M | $400.0M | ||
| Q1 25 | $-746.0M | $-57.0M | ||
| Q4 24 | $-510.0M | $369.0M | ||
| Q3 24 | $-6.0M | $482.0M | ||
| Q2 24 | $-237.0M | $279.0M |
自由现金流率EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | -22.0% | 14.7% | ||
| Q3 25 | 2.4% | 11.0% | ||
| Q2 25 | -9.3% | 10.4% | ||
| Q1 25 | -11.1% | -1.7% | ||
| Q4 24 | -9.3% | 10.5% | ||
| Q3 24 | -0.1% | 14.2% | ||
| Q2 24 | -4.4% | 8.6% |
资本支出强度EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | 45.0% | 10.2% | ||
| Q3 25 | 31.9% | 8.1% | ||
| Q2 25 | 37.1% | 8.0% | ||
| Q1 25 | 29.0% | 6.0% | ||
| Q4 24 | 35.4% | 7.3% | ||
| Q3 24 | 27.5% | 6.4% | ||
| Q2 24 | 31.7% | 7.4% |
现金转化率EXCGLW
| Q1 26 | — | — | ||
| Q4 25 | 2.09× | 1.95× | ||
| Q3 25 | 2.63× | 1.82× | ||
| Q2 25 | 3.86× | 1.51× | ||
| Q1 25 | 1.32× | 0.96× | ||
| Q4 24 | 2.20× | 2.01× | ||
| Q3 24 | 2.39× | — | ||
| Q2 24 | 3.26× | 5.01× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
