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Exelon（EXC）与United Rentals（URI）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United Rentals的1.4倍（$5.4B vs $4.0B），United Rentals同比增速更快（7.2% vs -19.4%），过去两年United Rentals的营收复合增速更高（114.0% 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。
United Rentals是美国设备租赁企业，2022年占据北美市场约16%的份额。截至2025年，该公司拥有全球规模最大的租赁车队，覆盖约4800类设备，原始设备成本总计约205.9亿美元，在全球共设1625个营业网点，业务覆盖北美、欧洲、澳大利亚及新西兰。
EXC vs URI — 直观对比
营收规模更大
EXC
是对方的1.4倍
$4.0B
营收增速更快
URI
高出26.5%
-19.4%
两年增速更快
URI
近两年复合增速
0.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $4.0B |
| 净利润 | — | $531.0M |
| 毛利率 | — | 36.9% |
| 营业利润率 | 21.9% | 21.8% |
| 净利率 | — | 13.3% |
| 营收同比 | -19.4% | 7.2% |
| 净利润同比 | — | 2.5% |
| 每股收益（稀释后） | — | $8.43 |
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EXCURI
| Q1 26 | $5.4B | $4.0B | ||
| Q4 25 | $5.4B | $992.0M | ||
| Q3 25 | $6.7B | $938.0M | ||
| Q2 25 | $5.4B | $872.0M | ||
| Q1 25 | $6.7B | $893.0M | ||
| Q4 24 | $5.5B | $1.0B | ||
| Q3 24 | $6.2B | $874.0M | ||
| Q2 24 | $5.4B | $870.0M |
净利润EXCURI
| Q1 26 | — | $531.0M | ||
| Q4 25 | $594.0M | $653.0M | ||
| Q3 25 | $875.0M | $701.0M | ||
| Q2 25 | $391.0M | $622.0M | ||
| Q1 25 | $908.0M | $518.0M | ||
| Q4 24 | $647.0M | $689.0M | ||
| Q3 24 | $707.0M | $708.0M | ||
| Q2 24 | $448.0M | $636.0M |
毛利率EXCURI
| Q1 26 | — | 36.9% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率EXCURI
| Q1 26 | 21.9% | 21.8% | ||
| Q4 25 | 21.9% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 17.1% | — | ||
| Q1 25 | 22.9% | 90.0% | ||
| Q4 24 | 20.0% | — | ||
| Q3 24 | 19.4% | — | ||
| Q2 24 | 17.0% | — |
净利率EXCURI
| Q1 26 | — | 13.3% | ||
| Q4 25 | 11.0% | 65.8% | ||
| Q3 25 | 13.0% | 74.7% | ||
| Q2 25 | 7.2% | 71.3% | ||
| Q1 25 | 13.5% | 58.0% | ||
| Q4 24 | 11.8% | 67.6% | ||
| Q3 24 | 11.5% | 81.0% | ||
| Q2 24 | 8.4% | 73.1% |
每股收益（稀释后）EXCURI
| Q1 26 | — | $8.43 | ||
| Q4 25 | — | $10.20 | ||
| Q3 25 | $0.86 | $10.91 | ||
| Q2 25 | $0.39 | $9.59 | ||
| Q1 25 | $0.90 | $7.91 | ||
| Q4 24 | — | $10.41 | ||
| Q3 24 | $0.70 | $10.70 | ||
| Q2 24 | $0.45 | $9.54 |
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 | $156.0M |
| 总债务越低越好 | $49.4B | $13.9B |
| 股东权益账面价值 | $28.8B | $9.0B |
| 总资产 | $116.6B | $29.9B |
| 负债/权益比越低杠杆越低 | 1.72× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资EXCURI
| Q1 26 | $626.0M | $156.0M | ||
| Q4 25 | $626.0M | $459.0M | ||
| Q3 25 | $1.5B | $512.0M | ||
| Q2 25 | $724.0M | $548.0M | ||
| Q1 25 | $1.0B | $542.0M | ||
| Q4 24 | $357.0M | $457.0M | ||
| Q3 24 | $616.0M | $479.0M | ||
| Q2 24 | $934.0M | $467.0M |
总债务EXCURI
| Q1 26 | $49.4B | $13.9B | ||
| Q4 25 | $49.4B | $12.7B | ||
| Q3 25 | — | $12.6B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $11.5B | ||
| Q4 24 | $44.7B | $12.2B | ||
| Q3 24 | — | $11.9B | ||
| Q2 24 | — | $11.5B |
股东权益EXCURI
| Q1 26 | $28.8B | $9.0B | ||
| Q4 25 | $28.8B | $9.0B | ||
| Q3 25 | $28.1B | $9.0B | ||
| Q2 25 | $27.6B | $9.0B | ||
| Q1 25 | $27.6B | $8.8B | ||
| Q4 24 | $26.9B | $8.6B | ||
| Q3 24 | $26.6B | $8.6B | ||
| Q2 24 | $26.2B | $8.3B |
总资产EXCURI
| Q1 26 | $116.6B | $29.9B | ||
| Q4 25 | $116.6B | $29.9B | ||
| Q3 25 | $113.5B | $30.1B | ||
| Q2 25 | $111.1B | $29.2B | ||
| Q1 25 | $109.5B | $28.1B | ||
| Q4 24 | $107.8B | $28.2B | ||
| Q3 24 | $106.1B | $28.4B | ||
| Q2 24 | $105.1B | $27.6B |
负债/权益比EXCURI
| Q1 26 | 1.72× | 1.55× | ||
| Q4 25 | 1.72× | 1.41× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.34× | ||
| Q1 25 | — | 1.31× | ||
| Q4 24 | 1.66× | 1.42× | ||
| Q3 24 | — | 1.38× | ||
| Q2 24 | — | 1.39× |
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 | — | $1.5B |
| 自由现金流经营现金流 - 资本支出 | — | $1.1B |
| 自由现金流率自由现金流/营收 | — | 26.4% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 2.85× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流EXCURI
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.2B | $1.3B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.4B | $1.0B | ||
| Q3 24 | $1.7B | $1.2B | ||
| Q2 24 | $1.5B | $1.3B |
自由现金流EXCURI
| Q1 26 | — | $1.1B | ||
| Q4 25 | $-1.2B | — | ||
| Q3 25 | $163.0M | — | ||
| Q2 25 | $-502.0M | — | ||
| Q1 25 | $-746.0M | — | ||
| Q4 24 | $-510.0M | $471.0M | ||
| Q3 24 | $-6.0M | $-168.0M | ||
| Q2 24 | $-237.0M | $-263.0M |
自由现金流率EXCURI
| Q1 26 | — | 26.4% | ||
| Q4 25 | -22.0% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | -9.3% | — | ||
| Q1 25 | -11.1% | — | ||
| Q4 24 | -9.3% | 46.2% | ||
| Q3 24 | -0.1% | -19.2% | ||
| Q2 24 | -4.4% | -30.2% |
资本支出强度EXCURI
| Q1 26 | — | — | ||
| Q4 25 | 45.0% | — | ||
| Q3 25 | 31.9% | — | ||
| Q2 25 | 37.1% | — | ||
| Q1 25 | 29.0% | — | ||
| Q4 24 | 35.4% | 56.6% | ||
| Q3 24 | 27.5% | 157.0% | ||
| Q2 24 | 31.7% | 175.6% |
现金转化率EXCURI
| Q1 26 | — | 2.85× | ||
| Q4 25 | 2.09× | 1.92× | ||
| Q3 25 | 2.63× | 1.68× | ||
| Q2 25 | 3.86× | 2.14× | ||
| Q1 25 | 1.32× | 2.75× | ||
| Q4 24 | 2.20× | 1.52× | ||
| Q3 24 | 2.39× | 1.70× | ||
| Q2 24 | 3.26× | 1.99× |
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
URI
| Equipment rentals | $3.4B | 86% |
| Sales of rental equipment | $350.0M | 9% |
| Service and other revenues | $92.0M | 2% |
| Sales of new equipment | $84.0M | 2% |
| Contractor supplies sales | $40.0M | 1% |
