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FirstEnergy（FE）与Post Holdings, Inc.（POST）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Post Holdings, Inc.的1.7倍（$3.8B vs $2.2B），Post Holdings, Inc.净利率更高（4.5% vs -1.3%，领先5.7%），FirstEnergy同比增速更快（19.6% vs 10.1%），Post Holdings, Inc.自由现金流更多（$119.3M vs $-30.0M），过去两年FirstEnergy的营收复合增速更高（7.5% vs 4.3%）
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。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
FE vs POST — 直观对比
营收规模更大
FE
是对方的1.7倍
$2.2B
营收增速更快
FE
高出9.4%
10.1%
净利率更高
POST
高出5.7%
-1.3%
自由现金流更多
POST
多$149.3M
$-30.0M
两年增速更快
FE
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $2.2B |
| 净利润 | $-49.0M | $96.8M |
| 毛利率 | — | 29.4% |
| 营业利润率 | -0.6% | 11.0% |
| 净利率 | -1.3% | 4.5% |
| 营收同比 | 19.6% | 10.1% |
| 净利润同比 | -118.8% | -14.6% |
| 每股收益（稀释后） | $-0.08 | $1.71 |
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FEPOST
| Q4 25 | $3.8B | $2.2B | ||
| Q3 25 | $4.1B | $2.2B | ||
| Q2 25 | $3.4B | $2.0B | ||
| Q1 25 | $3.8B | $2.0B | ||
| Q4 24 | $3.2B | $2.0B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $3.3B | $1.9B | ||
| Q1 24 | $3.3B | $2.0B |
净利润FEPOST
| Q4 25 | $-49.0M | $96.8M | ||
| Q3 25 | $441.0M | $51.0M | ||
| Q2 25 | $268.0M | $108.8M | ||
| Q1 25 | $360.0M | $62.6M | ||
| Q4 24 | $261.0M | $113.3M | ||
| Q3 24 | $419.0M | $81.6M | ||
| Q2 24 | $45.0M | $99.8M | ||
| Q1 24 | $253.0M | $97.2M |
毛利率FEPOST
| Q4 25 | — | 29.4% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 28.0% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 28.6% | ||
| Q2 24 | — | 29.6% | ||
| Q1 24 | — | 29.0% |
营业利润率FEPOST
| Q4 25 | -0.6% | 11.0% | ||
| Q3 25 | 20.0% | 7.5% | ||
| Q2 25 | 19.1% | 11.8% | ||
| Q1 25 | 20.0% | 9.3% | ||
| Q4 24 | 19.3% | 10.8% | ||
| Q3 24 | 19.5% | 9.5% | ||
| Q2 24 | 12.9% | 10.4% | ||
| Q1 24 | 18.6% | 9.5% |
净利率FEPOST
| Q4 25 | -1.3% | 4.5% | ||
| Q3 25 | 10.6% | 2.3% | ||
| Q2 25 | 7.9% | 5.5% | ||
| Q1 25 | 9.6% | 3.2% | ||
| Q4 24 | 8.2% | 5.7% | ||
| Q3 24 | 11.2% | 4.1% | ||
| Q2 24 | 1.4% | 5.1% | ||
| Q1 24 | 7.7% | 4.9% |
每股收益（稀释后）FEPOST
| Q4 25 | $-0.08 | $1.71 | ||
| Q3 25 | $0.76 | $0.91 | ||
| Q2 25 | $0.46 | $1.79 | ||
| Q1 25 | $0.62 | $1.03 | ||
| Q4 24 | $0.45 | $1.78 | ||
| Q3 24 | $0.73 | $1.28 | ||
| Q2 24 | $0.08 | $1.53 | ||
| Q1 24 | $0.44 | $1.48 |
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 | $279.3M |
| 总债务越低越好 | $25.5B | $7.5B |
| 股东权益账面价值 | $12.5B | $3.5B |
| 总资产 | $55.9B | $13.0B |
| 负债/权益比越低杠杆越低 | 2.04× | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资FEPOST
| Q4 25 | $57.0M | $279.3M | ||
| Q3 25 | $1.4B | $176.7M | ||
| Q2 25 | $569.0M | $1.1B | ||
| Q1 25 | $132.0M | $617.6M | ||
| Q4 24 | $111.0M | $872.9M | ||
| Q3 24 | $439.0M | $787.4M | ||
| Q2 24 | $60.0M | $333.8M | ||
| Q1 24 | $888.0M | $333.4M |
总债务FEPOST
| Q4 25 | $25.5B | $7.5B | ||
| Q3 25 | $25.5B | $7.4B | ||
| Q2 25 | $23.7B | $7.3B | ||
| Q1 25 | $21.2B | $6.9B | ||
| Q4 24 | $22.5B | $6.9B | ||
| Q3 24 | $21.6B | $6.8B | ||
| Q2 24 | $20.8B | $6.4B | ||
| Q1 24 | $21.7B | $6.4B |
股东权益FEPOST
| Q4 25 | $12.5B | $3.5B | ||
| Q3 25 | $12.8B | $3.8B | ||
| Q2 25 | $12.9B | $4.0B | ||
| Q1 25 | $12.6B | $3.8B | ||
| Q4 24 | $12.5B | $3.9B | ||
| Q3 24 | $12.4B | $4.1B | ||
| Q2 24 | $12.5B | $3.9B | ||
| Q1 24 | $12.4B | $4.0B |
总资产FEPOST
| Q4 25 | $55.9B | $13.0B | ||
| Q3 25 | $55.9B | $13.5B | ||
| Q2 25 | $54.2B | $13.4B | ||
| Q1 25 | $52.8B | $12.8B | ||
| Q4 24 | $52.0B | $12.8B | ||
| Q3 24 | $50.8B | $12.9B | ||
| Q2 24 | $51.0B | $12.1B | ||
| Q1 24 | $51.3B | $12.2B |
负债/权益比FEPOST
| Q4 25 | 2.04× | 2.16× | ||
| Q3 25 | 1.99× | 1.98× | ||
| Q2 25 | 1.85× | 1.84× | ||
| Q1 25 | 1.69× | 1.81× | ||
| Q4 24 | 1.81× | 1.79× | ||
| Q3 24 | 1.74× | 1.67× | ||
| Q2 24 | 1.67× | 1.62× | ||
| Q1 24 | 1.75× | 1.61× |
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 | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $-30.0M | $119.3M |
| 自由现金流率自由现金流/营收 | -0.8% | 5.5% |
| 资本支出强度资本支出/营收 | 30.7% | 5.4% |
| 现金转化率经营现金流/净利润 | — | 2.43× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $436.0M |
8季度趋势，按日历期对齐
经营现金流FEPOST
| Q4 25 | $1.1B | $235.7M | ||
| Q3 25 | $845.0M | $301.3M | ||
| Q2 25 | $1.1B | $225.9M | ||
| Q1 25 | $637.0M | $160.7M | ||
| Q4 24 | $1.0B | $310.4M | ||
| Q3 24 | $775.0M | $235.4M | ||
| Q2 24 | $1.1B | $272.3M | ||
| Q1 24 | $-40.0M | $249.6M |
自由现金流FEPOST
| Q4 25 | $-30.0M | $119.3M | ||
| Q3 25 | $-471.0M | $151.6M | ||
| Q2 25 | $-136.0M | $94.9M | ||
| Q1 25 | $-368.0M | $70.2M | ||
| Q4 24 | $-250.0M | $171.4M | ||
| Q3 24 | $-229.0M | $96.2M | ||
| Q2 24 | $170.0M | $161.5M | ||
| Q1 24 | $-830.0M | $150.9M |
自由现金流率FEPOST
| Q4 25 | -0.8% | 5.5% | ||
| Q3 25 | -11.4% | 6.7% | ||
| Q2 25 | -4.0% | 4.8% | ||
| Q1 25 | -9.8% | 3.6% | ||
| Q4 24 | -7.9% | 8.7% | ||
| Q3 24 | -6.1% | 4.8% | ||
| Q2 24 | 5.2% | 8.3% | ||
| Q1 24 | -25.3% | 7.5% |
资本支出强度FEPOST
| Q4 25 | 30.7% | 5.4% | ||
| Q3 25 | 31.7% | 6.7% | ||
| Q2 25 | 36.0% | 6.6% | ||
| Q1 25 | 26.7% | 4.6% | ||
| Q4 24 | 40.7% | 7.0% | ||
| Q3 24 | 26.9% | 6.9% | ||
| Q2 24 | 28.7% | 5.7% | ||
| Q1 24 | 24.0% | 4.9% |
现金转化率FEPOST
| Q4 25 | — | 2.43× | ||
| Q3 25 | 1.92× | 5.91× | ||
| Q2 25 | 4.04× | 2.08× | ||
| Q1 25 | 1.77× | 2.57× | ||
| Q4 24 | 4.00× | 2.74× | ||
| Q3 24 | 1.85× | 2.88× | ||
| Q2 24 | 24.71× | 2.73× | ||
| Q1 24 | -0.16× | 2.57× |
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% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
