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FirstEnergy（FE）与RPM INTERNATIONAL INC（RPM）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RPM INTERNATIONAL INC的2.0倍（$3.8B vs $1.9B），RPM INTERNATIONAL INC净利率更高（8.4% vs -1.3%，领先9.7%），FirstEnergy同比增速更快（19.6% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $-30.0M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs 7.5%）
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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
FE vs RPM — 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16.1%
3.5%
净利率更高
RPM
高出9.7%
-1.3%
自由现金流更多
RPM
多$326.4M
$-30.0M
两年增速更快
RPM
近两年复合增速
7.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $1.9B |
| 净利润 | $-49.0M | $161.2M |
| 毛利率 | — | 40.8% |
| 营业利润率 | -0.6% | 11.0% |
| 净利率 | -1.3% | 8.4% |
| 营收同比 | 19.6% | 3.5% |
| 净利润同比 | -118.8% | -12.0% |
| 每股收益（稀释后） | $-0.08 | $1.26 |
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FERPM
| Q4 25 | $3.8B | $1.9B | ||
| Q3 25 | $4.1B | $2.1B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $3.8B | $1.5B | ||
| Q4 24 | $3.2B | $1.8B | ||
| Q3 24 | $3.7B | $2.0B | ||
| Q2 24 | $3.3B | $2.0B | ||
| Q1 24 | $3.3B | $1.5B |
净利润FERPM
| Q4 25 | $-49.0M | $161.2M | ||
| Q3 25 | $441.0M | $227.6M | ||
| Q2 25 | $268.0M | $225.8M | ||
| Q1 25 | $360.0M | $52.0M | ||
| Q4 24 | $261.0M | $183.2M | ||
| Q3 24 | $419.0M | $227.7M | ||
| Q2 24 | $45.0M | $180.6M | ||
| Q1 24 | $253.0M | $61.2M |
毛利率FERPM
| Q4 25 | — | 40.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 42.4% | ||
| Q1 25 | — | 38.4% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 39.9% |
营业利润率FERPM
| Q4 25 | -0.6% | 11.0% | ||
| Q3 25 | 20.0% | 14.1% | ||
| Q2 25 | 19.1% | 11.9% | ||
| Q1 25 | 20.0% | 2.8% | ||
| Q4 24 | 19.3% | 11.5% | ||
| Q3 24 | 19.5% | 14.8% | ||
| Q2 24 | 12.9% | 11.9% | ||
| Q1 24 | 18.6% | 5.5% |
净利率FERPM
| Q4 25 | -1.3% | 8.4% | ||
| Q3 25 | 10.6% | 10.8% | ||
| Q2 25 | 7.9% | 10.8% | ||
| Q1 25 | 9.6% | 3.5% | ||
| Q4 24 | 8.2% | 9.9% | ||
| Q3 24 | 11.2% | 11.6% | ||
| Q2 24 | 1.4% | 9.0% | ||
| Q1 24 | 7.7% | 4.0% |
每股收益（稀释后）FERPM
| Q4 25 | $-0.08 | $1.26 | ||
| Q3 25 | $0.76 | $1.77 | ||
| Q2 25 | $0.46 | $1.76 | ||
| Q1 25 | $0.62 | $0.40 | ||
| Q4 24 | $0.45 | $1.42 | ||
| Q3 24 | $0.73 | $1.77 | ||
| Q2 24 | $0.08 | $1.40 | ||
| Q1 24 | $0.44 | $0.47 |
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 | $316.6M |
| 总债务越低越好 | $25.5B | $2.5B |
| 股东权益账面价值 | $12.5B | $3.1B |
| 总资产 | $55.9B | $7.9B |
| 负债/权益比越低杠杆越低 | 2.04× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资FERPM
| Q4 25 | $57.0M | $316.6M | ||
| Q3 25 | $1.4B | $297.1M | ||
| Q2 25 | $569.0M | $302.1M | ||
| Q1 25 | $132.0M | $241.9M | ||
| Q4 24 | $111.0M | $268.7M | ||
| Q3 24 | $439.0M | $231.6M | ||
| Q2 24 | $60.0M | $237.4M | ||
| Q1 24 | $888.0M | $248.9M |
总债务FERPM
| Q4 25 | $25.5B | $2.5B | ||
| Q3 25 | $25.5B | $2.7B | ||
| Q2 25 | $23.7B | $2.6B | ||
| Q1 25 | $21.2B | $2.1B | ||
| Q4 24 | $22.5B | $2.0B | ||
| Q3 24 | $21.6B | $2.0B | ||
| Q2 24 | $20.8B | $2.0B | ||
| Q1 24 | $21.7B | $2.2B |
股东权益FERPM
| Q4 25 | $12.5B | $3.1B | ||
| Q3 25 | $12.8B | $3.1B | ||
| Q2 25 | $12.9B | $2.9B | ||
| Q1 25 | $12.6B | $2.7B | ||
| Q4 24 | $12.5B | $2.7B | ||
| Q3 24 | $12.4B | $2.6B | ||
| Q2 24 | $12.5B | $2.5B | ||
| Q1 24 | $12.4B | $2.3B |
总资产FERPM
| Q4 25 | $55.9B | $7.9B | ||
| Q3 25 | $55.9B | $7.9B | ||
| Q2 25 | $54.2B | $7.8B | ||
| Q1 25 | $52.8B | $6.6B | ||
| Q4 24 | $52.0B | $6.7B | ||
| Q3 24 | $50.8B | $6.6B | ||
| Q2 24 | $51.0B | $6.6B | ||
| Q1 24 | $51.3B | $6.4B |
负债/权益比FERPM
| Q4 25 | 2.04× | 0.80× | ||
| Q3 25 | 1.99× | 0.87× | ||
| Q2 25 | 1.85× | 0.91× | ||
| Q1 25 | 1.69× | 0.78× | ||
| Q4 24 | 1.81× | 0.74× | ||
| Q3 24 | 1.74× | 0.77× | ||
| Q2 24 | 1.67× | 0.79× | ||
| Q1 24 | 1.75× | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $-30.0M | $296.4M |
| 自由现金流率自由现金流/营收 | -0.8% | 15.5% |
| 资本支出强度资本支出/营收 | 30.7% | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.14× |
| 过去12个月自由现金流最近4个季度 | $-1.0B | $582.9M |
8季度趋势，按日历期对齐
经营现金流FERPM
| Q4 25 | $1.1B | $345.7M | ||
| Q3 25 | $845.0M | $237.5M | ||
| Q2 25 | $1.1B | $149.2M | ||
| Q1 25 | $637.0M | $91.5M | ||
| Q4 24 | $1.0B | $279.4M | ||
| Q3 24 | $775.0M | $248.1M | ||
| Q2 24 | $1.1B | $181.2M | ||
| Q1 24 | $-40.0M | $173.4M |
自由现金流FERPM
| Q4 25 | $-30.0M | $296.4M | ||
| Q3 25 | $-471.0M | $175.0M | ||
| Q2 25 | $-136.0M | $78.2M | ||
| Q1 25 | $-368.0M | $33.3M | ||
| Q4 24 | $-250.0M | $229.5M | ||
| Q3 24 | $-229.0M | $197.3M | ||
| Q2 24 | $170.0M | $105.3M | ||
| Q1 24 | $-830.0M | $124.6M |
自由现金流率FERPM
| Q4 25 | -0.8% | 15.5% | ||
| Q3 25 | -11.4% | 8.3% | ||
| Q2 25 | -4.0% | 3.8% | ||
| Q1 25 | -9.8% | 2.3% | ||
| Q4 24 | -7.9% | 12.4% | ||
| Q3 24 | -6.1% | 10.0% | ||
| Q2 24 | 5.2% | 5.2% | ||
| Q1 24 | -25.3% | 8.2% |
资本支出强度FERPM
| Q4 25 | 30.7% | 2.6% | ||
| Q3 25 | 31.7% | 3.0% | ||
| Q2 25 | 36.0% | 3.4% | ||
| Q1 25 | 26.7% | 3.9% | ||
| Q4 24 | 40.7% | 2.7% | ||
| Q3 24 | 26.9% | 2.6% | ||
| Q2 24 | 28.7% | 3.8% | ||
| Q1 24 | 24.0% | 3.2% |
现金转化率FERPM
| Q4 25 | — | 2.14× | ||
| Q3 25 | 1.92× | 1.04× | ||
| Q2 25 | 4.04× | 0.66× | ||
| Q1 25 | 1.77× | 1.76× | ||
| Q4 24 | 4.00× | 1.53× | ||
| Q3 24 | 1.85× | 1.09× | ||
| Q2 24 | 24.71× | 1.00× | ||
| Q1 24 | -0.16× | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
