vs
Exelon（EXC）与切尼尔能源（LNG）财务数据对比。点击上方公司名可切换其他公司
Exelon的季度营收约是切尼尔能源的1.0倍（$5.4B vs $5.4B），切尼尔能源同比增速更快（20.3% vs -19.4%），过去两年切尼尔能源的营收复合增速更高（14.3% 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。
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
EXC vs LNG — 直观对比
营收规模更大
EXC
是对方的1.0倍
$5.4B
营收增速更快
LNG
高出39.7%
-19.4%
两年增速更快
LNG
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $5.4B |
| 净利润 | — | $2.3B |
| 毛利率 | — | — |
| 营业利润率 | 21.9% | 70.8% |
| 净利率 | — | 42.8% |
| 营收同比 | -19.4% | 20.3% |
| 净利润同比 | — | 135.6% |
| 每股收益（稀释后） | — | $10.51 |
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EXCLNG
| Q1 26 | $5.4B | — | ||
| Q4 25 | $5.4B | $5.4B | ||
| Q3 25 | $6.7B | $4.3B | ||
| Q2 25 | $5.4B | $4.5B | ||
| Q1 25 | $6.7B | $5.3B | ||
| Q4 24 | $5.5B | $4.5B | ||
| Q3 24 | $6.2B | $3.7B | ||
| Q2 24 | $5.4B | $3.1B |
净利润EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | $594.0M | $2.3B | ||
| Q3 25 | $875.0M | $1.0B | ||
| Q2 25 | $391.0M | $1.6B | ||
| Q1 25 | $908.0M | $353.0M | ||
| Q4 24 | $647.0M | $977.0M | ||
| Q3 24 | $707.0M | $893.0M | ||
| Q2 24 | $448.0M | $880.0M |
营业利润率EXCLNG
| Q1 26 | 21.9% | — | ||
| Q4 25 | 21.9% | 70.8% | ||
| Q3 25 | 22.4% | 42.3% | ||
| Q2 25 | 17.1% | 56.1% | ||
| Q1 25 | 22.9% | 18.2% | ||
| Q4 24 | 20.0% | 38.9% | ||
| Q3 24 | 19.4% | 44.7% | ||
| Q2 24 | 17.0% | 50.5% |
净利率EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | 11.0% | 42.8% | ||
| Q3 25 | 13.0% | 24.4% | ||
| Q2 25 | 7.2% | 36.1% | ||
| Q1 25 | 13.5% | 6.7% | ||
| Q4 24 | 11.8% | 21.9% | ||
| Q3 24 | 11.5% | 24.2% | ||
| Q2 24 | 8.4% | 28.0% |
每股收益（稀释后）EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | — | $10.51 | ||
| Q3 25 | $0.86 | $4.75 | ||
| Q2 25 | $0.39 | $7.30 | ||
| Q1 25 | $0.90 | $1.57 | ||
| Q4 24 | — | $4.30 | ||
| Q3 24 | $0.70 | $3.93 | ||
| Q2 24 | $0.45 | $3.84 |
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 | $1.1B |
| 总债务越低越好 | $49.4B | $22.5B |
| 股东权益账面价值 | $28.8B | $7.9B |
| 总资产 | $116.6B | $47.9B |
| 负债/权益比越低杠杆越低 | 1.72× | 2.84× |
8季度趋势，按日历期对齐
现金及短期投资EXCLNG
| Q1 26 | $626.0M | — | ||
| Q4 25 | $626.0M | $1.1B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $724.0M | $1.6B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $357.0M | $2.6B | ||
| Q3 24 | $616.0M | $2.7B | ||
| Q2 24 | $934.0M | $2.4B |
总债务EXCLNG
| Q1 26 | $49.4B | — | ||
| Q4 25 | $49.4B | $22.5B | ||
| Q3 25 | — | $22.0B | ||
| Q2 25 | — | $22.0B | ||
| Q1 25 | — | $22.5B | ||
| Q4 24 | $44.7B | $22.6B | ||
| Q3 24 | — | $22.5B | ||
| Q2 24 | — | $22.6B |
股东权益EXCLNG
| Q1 26 | $28.8B | — | ||
| Q4 25 | $28.8B | $7.9B | ||
| Q3 25 | $28.1B | $6.7B | ||
| Q2 25 | $27.6B | $6.7B | ||
| Q1 25 | $27.6B | $5.6B | ||
| Q4 24 | $26.9B | $5.7B | ||
| Q3 24 | $26.6B | $5.1B | ||
| Q2 24 | $26.2B | $4.5B |
总资产EXCLNG
| Q1 26 | $116.6B | — | ||
| Q4 25 | $116.6B | $47.9B | ||
| Q3 25 | $113.5B | $45.1B | ||
| Q2 25 | $111.1B | $44.6B | ||
| Q1 25 | $109.5B | $43.5B | ||
| Q4 24 | $107.8B | $43.9B | ||
| Q3 24 | $106.1B | $43.1B | ||
| Q2 24 | $105.1B | $42.3B |
负债/权益比EXCLNG
| Q1 26 | 1.72× | — | ||
| Q4 25 | 1.72× | 2.84× | ||
| Q3 25 | — | 3.25× | ||
| Q2 25 | — | 3.28× | ||
| Q1 25 | — | 4.03× | ||
| Q4 24 | 1.66× | 3.96× | ||
| Q3 24 | — | 4.42× | ||
| Q2 24 | — | 5.06× |
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 | — | $2.1B |
| 自由现金流经营现金流 - 资本支出 | — | $1.3B |
| 自由现金流率自由现金流/营收 | — | 24.4% |
| 资本支出强度资本支出/营收 | — | 13.8% |
| 现金转化率经营现金流/净利润 | — | 0.89× |
| 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EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.1B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $1.5B | $831.0M | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.7B | $1.4B | ||
| Q2 24 | $1.5B | $1.1B |
自由现金流EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $1.3B | ||
| Q3 25 | $163.0M | $738.0M | ||
| Q2 25 | $-502.0M | $-193.0M | ||
| Q1 25 | $-746.0M | $605.0M | ||
| Q4 24 | $-510.0M | $1.1B | ||
| Q3 24 | $-6.0M | $875.0M | ||
| Q2 24 | $-237.0M | $613.0M |
自由现金流率EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | -22.0% | 24.4% | ||
| Q3 25 | 2.4% | 17.2% | ||
| Q2 25 | -9.3% | -4.3% | ||
| Q1 25 | -11.1% | 11.4% | ||
| Q4 24 | -9.3% | 24.0% | ||
| Q3 24 | -0.1% | 23.8% | ||
| Q2 24 | -4.4% | 19.5% |
资本支出强度EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | 45.0% | 13.8% | ||
| Q3 25 | 31.9% | 16.0% | ||
| Q2 25 | 37.1% | 22.7% | ||
| Q1 25 | 29.0% | 11.8% | ||
| Q4 24 | 35.4% | 12.7% | ||
| Q3 24 | 27.5% | 14.0% | ||
| Q2 24 | 31.7% | 16.0% |
现金转化率EXCLNG
| Q1 26 | — | — | ||
| Q4 25 | 2.09× | 0.89× | ||
| Q3 25 | 2.63× | 1.36× | ||
| Q2 25 | 3.86× | 0.51× | ||
| Q1 25 | 1.32× | 3.48× | ||
| Q4 24 | 2.20× | 1.68× | ||
| Q3 24 | 2.39× | 1.56× | ||
| Q2 24 | 3.26× | 1.27× |
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
EXC
暂无分部数据
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
