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FIRST CITIZENS BANCSHARES INC（FCNCA）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
Sunrun Inc.的季度营收约是FIRST CITIZENS BANCSHARES INC的1.1倍（$1.2B vs $1.1B），FIRST CITIZENS BANCSHARES INC净利率更高（49.1% vs 8.9%，领先40.2%），Sunrun Inc.同比增速更快（123.5% vs 3.5%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs -33.5%）
第一公民银行控股公司是美国本土银行控股企业，总部位于罗德岛州普罗维登斯，旗下拥有国民公民银行，业务覆盖美国康涅狄格、特拉华、佛罗里达、马里兰、马萨诸塞、密歇根、新罕布什尔、新泽西、纽约、俄亥俄、宾夕法尼亚、罗德岛、佛蒙特、弗吉尼亚等14个州及华盛顿哥伦比亚特区。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
FCNCA vs RUN — 直观对比
营收规模更大
RUN
是对方的1.1倍
$1.1B
营收增速更快
RUN
高出120.0%
3.5%
净利率更高
FCNCA
高出40.2%
8.9%
两年增速更快
RUN
近两年复合增速
-33.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.2B |
| 净利润 | $534.0M | $103.6M |
| 毛利率 | — | — |
| 营业利润率 | — | 8.4% |
| 净利率 | 49.1% | 8.9% |
| 营收同比 | 3.5% | 123.5% |
| 净利润同比 | 10.6% | 103.7% |
| 每股收益（稀释后） | $42.63 | $0.38 |
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FCNCARUN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $2.4B | $1.2B | ||
| Q3 25 | $2.4B | $724.6M | ||
| Q2 25 | $2.4B | $569.3M | ||
| Q1 25 | $2.3B | $504.3M | ||
| Q4 24 | $2.4B | $518.5M | ||
| Q3 24 | $2.4B | $537.2M | ||
| Q2 24 | $2.5B | $523.9M |
净利润FCNCARUN
| Q1 26 | $534.0M | — | ||
| Q4 25 | $580.0M | $103.6M | ||
| Q3 25 | $568.0M | $16.6M | ||
| Q2 25 | $575.0M | $279.8M | ||
| Q1 25 | $483.0M | $50.0M | ||
| Q4 24 | $700.0M | $-2.8B | ||
| Q3 24 | $639.0M | $-83.8M | ||
| Q2 24 | $707.0M | $139.1M |
营业利润率FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | 33.3% | 8.4% | ||
| Q3 25 | 30.9% | 0.5% | ||
| Q2 25 | 31.9% | -19.7% | ||
| Q1 25 | 28.3% | -22.8% | ||
| Q4 24 | 30.6% | -628.0% | ||
| Q3 24 | 35.7% | -23.8% | ||
| Q2 24 | 39.8% | -24.4% |
净利率FCNCARUN
| Q1 26 | 49.1% | — | ||
| Q4 25 | 23.8% | 8.9% | ||
| Q3 25 | 23.3% | 2.3% | ||
| Q2 25 | 24.2% | 49.1% | ||
| Q1 25 | 21.0% | 9.9% | ||
| Q4 24 | 29.1% | -542.7% | ||
| Q3 24 | 26.1% | -15.6% | ||
| Q2 24 | 28.7% | 26.5% |
每股收益（稀释后）FCNCARUN
| Q1 26 | $42.63 | — | ||
| Q4 25 | $45.33 | $0.38 | ||
| Q3 25 | $43.08 | $0.06 | ||
| Q2 25 | $42.36 | $1.07 | ||
| Q1 25 | $34.47 | $0.20 | ||
| Q4 24 | $49.19 | $-12.59 | ||
| Q3 24 | $43.42 | $-0.37 | ||
| Q2 24 | $47.54 | $0.55 |
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 | — | — |
| 总债务越低越好 | $34.0B | $14.7B |
| 股东权益账面价值 | $22.0B | $3.1B |
| 总资产 | $236.0B | $22.6B |
| 负债/权益比越低杠杆越低 | 1.54× | 4.69× |
8季度趋势，按日历期对齐
总债务FCNCARUN
| Q1 26 | $34.0B | — | ||
| Q4 25 | $35.8B | $14.7B | ||
| Q3 25 | $38.3B | $14.6B | ||
| Q2 25 | $37.6B | $14.0B | ||
| Q1 25 | $38.0B | $13.6B | ||
| Q4 24 | $36.7B | $12.9B | ||
| Q3 24 | $36.8B | $12.5B | ||
| Q2 24 | $37.1B | $12.0B |
股东权益FCNCARUN
| Q1 26 | $22.0B | — | ||
| Q4 25 | $22.2B | $3.1B | ||
| Q3 25 | $22.0B | $3.0B | ||
| Q2 25 | $22.3B | $2.9B | ||
| Q1 25 | $22.3B | $2.6B | ||
| Q4 24 | $22.2B | $2.6B | ||
| Q3 24 | $22.8B | $5.3B | ||
| Q2 24 | $22.5B | $5.4B |
总资产FCNCARUN
| Q1 26 | $236.0B | — | ||
| Q4 25 | $229.7B | $22.6B | ||
| Q3 25 | $233.5B | $22.2B | ||
| Q2 25 | $229.7B | $21.2B | ||
| Q1 25 | $228.8B | $20.4B | ||
| Q4 24 | $223.7B | $19.9B | ||
| Q3 24 | $220.6B | $22.1B | ||
| Q2 24 | $219.8B | $21.4B |
负债/权益比FCNCARUN
| Q1 26 | 1.54× | — | ||
| Q4 25 | 1.61× | 4.69× | ||
| Q3 25 | 1.74× | 4.90× | ||
| Q2 25 | 1.69× | 4.80× | ||
| Q1 25 | 1.70× | 5.19× | ||
| Q4 24 | 1.65× | 5.05× | ||
| Q3 24 | 1.61× | 2.36× | ||
| Q2 24 | 1.65× | 2.23× |
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 | — | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | 0.94× |
| 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FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $96.9M | ||
| Q3 25 | $916.0M | $-121.5M | ||
| Q2 25 | $859.0M | $-292.7M | ||
| Q1 25 | $98.0M | $-104.2M | ||
| Q4 24 | $1.1B | $-258.4M | ||
| Q3 24 | $991.0M | $-156.2M | ||
| Q2 24 | $417.0M | $-208.5M |
自由现金流FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | $807.0M | — | ||
| Q3 25 | $678.0M | — | ||
| Q2 25 | $733.0M | — | ||
| Q1 25 | $-5.0M | — | ||
| Q4 24 | $991.0M | — | ||
| Q3 24 | $885.0M | $-156.4M | ||
| Q2 24 | $316.0M | — |
自由现金流率FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | 33.1% | — | ||
| Q3 25 | 27.9% | — | ||
| Q2 25 | 30.9% | — | ||
| Q1 25 | -0.2% | — | ||
| Q4 24 | 41.2% | — | ||
| Q3 24 | 36.2% | -29.1% | ||
| Q2 24 | 12.8% | — |
资本支出强度FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | 10.0% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.3% | 0.0% | ||
| Q2 24 | 4.1% | — |
现金转化率FCNCARUN
| Q1 26 | — | — | ||
| Q4 25 | 1.81× | 0.94× | ||
| Q3 25 | 1.61× | -7.33× | ||
| Q2 25 | 1.49× | -1.05× | ||
| Q1 25 | 0.20× | -2.08× | ||
| Q4 24 | 1.60× | — | ||
| Q3 24 | 1.55× | — | ||
| Q2 24 | 0.59× | -1.50× |
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
FCNCA
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
