vs
FirstEnergy（FE）与KBR, INC.（KBR）财务数据对比。点击上方公司名可切换其他公司
FirstEnergy的季度营收约是KBR, INC.的2.0倍（$3.8B vs $1.9B），KBR, INC.净利率更高（6.0% vs -1.3%，领先7.2%），FirstEnergy同比增速更快（19.6% vs -0.8%），KBR, INC.自由现金流更多（$190.0M vs $-30.0M）
FirstEnergy Corp是总部位于美国俄亥俄州阿克伦市的电力公用事业企业，主营电力供应、电网运营相关业务，于1997年由俄亥俄爱迪生公司与森特里奥尔能源公司合并组建，是美国中西部地区颇具影响力的公共事业服务商。
KBR是一家总部位于美国的科技与工程企业，业务覆盖航空航天、国防、工业、情报、能源等多个领域，为美国国家航空航天局（NASA）的各类项目、全球合作航天机构及商业合作伙伴提供技术与服务支持。
FE vs KBR — 直观对比
营收规模更大
FE
是对方的2.0倍
$1.9B
营收增速更快
FE
高出20.4%
-0.8%
净利率更高
KBR
高出7.2%
-1.3%
自由现金流更多
KBR
多$220.0M
$-30.0M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $1.9B |
| 净利润 | $-49.0M | $115.0M |
| 毛利率 | — | 14.0% |
| 营业利润率 | -0.6% | 9.9% |
| 净利率 | -1.3% | 6.0% |
| 营收同比 | 19.6% | -0.8% |
| 净利润同比 | -118.8% | 15.0% |
| 每股收益（稀释后） | $-0.08 | $0.90 |
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FEKBR
| Q4 25 | $3.8B | $1.9B | ||
| Q3 25 | $4.1B | $2.0B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $3.8B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.7B | — | ||
| Q2 24 | $3.3B | — | ||
| Q1 24 | $3.3B | — |
净利润FEKBR
| Q4 25 | $-49.0M | $115.0M | ||
| Q3 25 | $441.0M | $73.0M | ||
| Q2 25 | $268.0M | $116.0M | ||
| Q1 25 | $360.0M | — | ||
| Q4 24 | $261.0M | — | ||
| Q3 24 | $419.0M | — | ||
| Q2 24 | $45.0M | — | ||
| Q1 24 | $253.0M | — |
毛利率FEKBR
| Q4 25 | — | 14.0% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 14.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率FEKBR
| Q4 25 | -0.6% | 9.9% | ||
| Q3 25 | 20.0% | 9.9% | ||
| Q2 25 | 19.1% | 9.5% | ||
| Q1 25 | 20.0% | — | ||
| Q4 24 | 19.3% | — | ||
| Q3 24 | 19.5% | — | ||
| Q2 24 | 12.9% | — | ||
| Q1 24 | 18.6% | — |
净利率FEKBR
| Q4 25 | -1.3% | 6.0% | ||
| Q3 25 | 10.6% | 3.7% | ||
| Q2 25 | 7.9% | 5.6% | ||
| Q1 25 | 9.6% | — | ||
| Q4 24 | 8.2% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 1.4% | — | ||
| Q1 24 | 7.7% | — |
每股收益（稀释后）FEKBR
| Q4 25 | $-0.08 | $0.90 | ||
| Q3 25 | $0.76 | $0.56 | ||
| Q2 25 | $0.46 | $0.88 | ||
| Q1 25 | $0.62 | — | ||
| Q4 24 | $0.45 | — | ||
| Q3 24 | $0.73 | — | ||
| Q2 24 | $0.08 | — | ||
| Q1 24 | $0.44 | — |
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 | $57.0M | $539.0M |
| 总债务越低越好 | $25.5B | $2.6B |
| 股东权益账面价值 | $12.5B | $1.5B |
| 总资产 | $55.9B | $6.6B |
| 负债/权益比越低杠杆越低 | 2.04× | 1.78× |
8季度趋势，按日历期对齐
现金及短期投资FEKBR
| Q4 25 | $57.0M | $539.0M | ||
| Q3 25 | $1.4B | $403.0M | ||
| Q2 25 | $569.0M | $442.0M | ||
| Q1 25 | $132.0M | — | ||
| Q4 24 | $111.0M | — | ||
| Q3 24 | $439.0M | — | ||
| Q2 24 | $60.0M | — | ||
| Q1 24 | $888.0M | — |
总债务FEKBR
| Q4 25 | $25.5B | $2.6B | ||
| Q3 25 | $25.5B | $2.6B | ||
| Q2 25 | $23.7B | $2.7B | ||
| Q1 25 | $21.2B | — | ||
| Q4 24 | $22.5B | — | ||
| Q3 24 | $21.6B | — | ||
| Q2 24 | $20.8B | — | ||
| Q1 24 | $21.7B | — |
股东权益FEKBR
| Q4 25 | $12.5B | $1.5B | ||
| Q3 25 | $12.8B | $1.5B | ||
| Q2 25 | $12.9B | $1.4B | ||
| Q1 25 | $12.6B | — | ||
| Q4 24 | $12.5B | — | ||
| Q3 24 | $12.4B | — | ||
| Q2 24 | $12.5B | — | ||
| Q1 24 | $12.4B | — |
总资产FEKBR
| Q4 25 | $55.9B | $6.6B | ||
| Q3 25 | $55.9B | $6.8B | ||
| Q2 25 | $54.2B | $6.8B | ||
| Q1 25 | $52.8B | — | ||
| Q4 24 | $52.0B | — | ||
| Q3 24 | $50.8B | — | ||
| Q2 24 | $51.0B | — | ||
| Q1 24 | $51.3B | — |
负债/权益比FEKBR
| Q4 25 | 2.04× | 1.78× | ||
| Q3 25 | 1.99× | 1.76× | ||
| Q2 25 | 1.85× | 1.94× | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 1.81× | — | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.67× | — | ||
| Q1 24 | 1.75× | — |
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 | $198.0M |
| 自由现金流经营现金流 - 资本支出 | $-30.0M | $190.0M |
| 自由现金流率自由现金流/营收 | -0.8% | 9.8% |
| 资本支出强度资本支出/营收 | 30.7% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.72× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | — |
8季度趋势，按日历期对齐
经营现金流FEKBR
| Q4 25 | $1.1B | $198.0M | ||
| Q3 25 | $845.0M | — | ||
| Q2 25 | $1.1B | $98.0M | ||
| Q1 25 | $637.0M | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $775.0M | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $-40.0M | — |
自由现金流FEKBR
| Q4 25 | $-30.0M | $190.0M | ||
| Q3 25 | $-471.0M | — | ||
| Q2 25 | $-136.0M | $89.0M | ||
| Q1 25 | $-368.0M | — | ||
| Q4 24 | $-250.0M | — | ||
| Q3 24 | $-229.0M | — | ||
| Q2 24 | $170.0M | — | ||
| Q1 24 | $-830.0M | — |
自由现金流率FEKBR
| Q4 25 | -0.8% | 9.8% | ||
| Q3 25 | -11.4% | — | ||
| Q2 25 | -4.0% | 4.3% | ||
| Q1 25 | -9.8% | — | ||
| Q4 24 | -7.9% | — | ||
| Q3 24 | -6.1% | — | ||
| Q2 24 | 5.2% | — | ||
| Q1 24 | -25.3% | — |
资本支出强度FEKBR
| Q4 25 | 30.7% | 0.4% | ||
| Q3 25 | 31.7% | 0.4% | ||
| Q2 25 | 36.0% | 0.4% | ||
| Q1 25 | 26.7% | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 28.7% | — | ||
| Q1 24 | 24.0% | — |
现金转化率FEKBR
| Q4 25 | — | 1.72× | ||
| Q3 25 | 1.92× | — | ||
| Q2 25 | 4.04× | 0.84× | ||
| Q1 25 | 1.77× | — | ||
| Q4 24 | 4.00× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 24.71× | — | ||
| Q1 24 | -0.16× | — |
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
FE
| Integrated Segment | $1.4B | 37% |
| Other | $1.4B | 36% |
| Stand Alone Transmission Segment | $466.0M | 12% |
| Industrial Customers | $167.0M | 4% |
| Mid Atlantic Interstate Transmission LLC | $118.0M | 3% |
| Transmission | $105.0M | 3% |
| Transmission Segment | $68.0M | 2% |
| Tr AIL | $63.0M | 2% |
| Internal Customers | $10.0M | 0% |
| Wholesale Sales | $6.0M | 0% |
KBR
| U.S.Government Defense And Intelligence Clients | $832.0M | 43% |
| Sustainable Technology Solutions | $525.0M | 27% |
| Science And Space | $292.0M | 15% |
| Corporate Joint Venture | $172.0M | 9% |
| Commercial And Infrastructure | $64.0M | 3% |
| Other | $46.0M | 2% |
