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FirstEnergy（FE）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
史密斯菲尔德食品的季度营收约是FirstEnergy的1.0倍（$3.8B vs $3.8B），史密斯菲尔德食品净利率更高（6.6% vs -1.3%，领先7.8%），FirstEnergy同比增速更快（19.6% vs 0.8%），过去两年FirstEnergy的营收复合增速更高（7.5% vs 6.8%）
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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
FE vs SFD — 直观对比
营收规模更大
SFD
是对方的1.0倍
$3.8B
营收增速更快
FE
高出18.8%
0.8%
净利率更高
SFD
高出7.8%
-1.3%
两年增速更快
FE
近两年复合增速
6.8%
损益表 — Q4 FY2025 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $3.8B | $3.8B |
| 净利润 | $-49.0M | $249.0M |
| 毛利率 | — | 13.4% |
| 营业利润率 | -0.6% | 8.8% |
| 净利率 | -1.3% | 6.6% |
| 营收同比 | 19.6% | 0.8% |
| 净利润同比 | -118.8% | 9.8% |
| 每股收益（稀释后） | $-0.08 | — |
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FESFD
| Q1 26 | — | $3.8B | ||
| Q4 25 | $3.8B | $4.2B | ||
| Q3 25 | $4.1B | $3.7B | ||
| Q2 25 | $3.4B | $3.8B | ||
| Q1 25 | $3.8B | $3.8B | ||
| Q4 24 | $3.2B | $4.0B | ||
| Q3 24 | $3.7B | $3.3B | ||
| Q2 24 | $3.3B | — |
净利润FESFD
| Q1 26 | — | $249.0M | ||
| Q4 25 | $-49.0M | $327.0M | ||
| Q3 25 | $441.0M | $248.0M | ||
| Q2 25 | $268.0M | $188.0M | ||
| Q1 25 | $360.0M | $224.0M | ||
| Q4 24 | $261.0M | $205.0M | ||
| Q3 24 | $419.0M | $291.0M | ||
| Q2 24 | $45.0M | — |
毛利率FESFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | — |
营业利润率FESFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | -0.6% | 9.5% | ||
| Q3 25 | 20.0% | 8.3% | ||
| Q2 25 | 19.1% | 6.9% | ||
| Q1 25 | 20.0% | 8.5% | ||
| Q4 24 | 19.3% | 8.5% | ||
| Q3 24 | 19.5% | 8.5% | ||
| Q2 24 | 12.9% | — |
净利率FESFD
| Q1 26 | — | 6.6% | ||
| Q4 25 | -1.3% | 7.7% | ||
| Q3 25 | 10.6% | 6.6% | ||
| Q2 25 | 7.9% | 5.0% | ||
| Q1 25 | 9.6% | 5.9% | ||
| Q4 24 | 8.2% | 5.2% | ||
| Q3 24 | 11.2% | 8.7% | ||
| Q2 24 | 1.4% | — |
每股收益（稀释后）FESFD
| Q1 26 | — | — | ||
| Q4 25 | $-0.08 | $0.83 | ||
| Q3 25 | $0.76 | $0.63 | ||
| Q2 25 | $0.46 | $0.48 | ||
| Q1 25 | $0.62 | $0.57 | ||
| Q4 24 | $0.45 | $0.54 | ||
| Q3 24 | $0.73 | $0.77 | ||
| Q2 24 | $0.08 | — |
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 | $1.4B |
| 总债务越低越好 | $25.5B | — |
| 股东权益账面价值 | $12.5B | $6.9B |
| 总资产 | $55.9B | $12.0B |
| 负债/权益比越低杠杆越低 | 2.04× | — |
8季度趋势，按日历期对齐
现金及短期投资FESFD
| Q1 26 | — | $1.4B | ||
| Q4 25 | $57.0M | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $569.0M | — | ||
| Q1 25 | $132.0M | — | ||
| Q4 24 | $111.0M | — | ||
| Q3 24 | $439.0M | — | ||
| Q2 24 | $60.0M | — |
总债务FESFD
| Q1 26 | — | — | ||
| Q4 25 | $25.5B | $2.0B | ||
| Q3 25 | $25.5B | $2.0B | ||
| Q2 25 | $23.7B | $2.0B | ||
| Q1 25 | $21.2B | $2.0B | ||
| Q4 24 | $22.5B | $2.0B | ||
| Q3 24 | $21.6B | — | ||
| Q2 24 | $20.8B | — |
股东权益FESFD
| Q1 26 | — | $6.9B | ||
| Q4 25 | $12.5B | $6.8B | ||
| Q3 25 | $12.8B | $6.5B | ||
| Q2 25 | $12.9B | $6.3B | ||
| Q1 25 | $12.6B | $6.2B | ||
| Q4 24 | $12.5B | $5.8B | ||
| Q3 24 | $12.4B | — | ||
| Q2 24 | $12.5B | — |
总资产FESFD
| Q1 26 | — | $12.0B | ||
| Q4 25 | $55.9B | $12.2B | ||
| Q3 25 | $55.9B | $11.5B | ||
| Q2 25 | $54.2B | $11.2B | ||
| Q1 25 | $52.8B | $11.1B | ||
| Q4 24 | $52.0B | $11.1B | ||
| Q3 24 | $50.8B | — | ||
| Q2 24 | $51.0B | — |
负债/权益比FESFD
| Q1 26 | — | — | ||
| Q4 25 | 2.04× | 0.29× | ||
| Q3 25 | 1.99× | 0.31× | ||
| Q2 25 | 1.85× | 0.32× | ||
| Q1 25 | 1.69× | 0.32× | ||
| Q4 24 | 1.81× | 0.34× | ||
| Q3 24 | 1.74× | — | ||
| Q2 24 | 1.67× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-30.0M | — |
| 自由现金流率自由现金流/营收 | -0.8% | — |
| 资本支出强度资本支出/营收 | 30.7% | 2.3% |
| 现金转化率经营现金流/净利润 | — | — |
| 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FESFD
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $938.0M | ||
| Q3 25 | $845.0M | $13.0M | ||
| Q2 25 | $1.1B | $274.0M | ||
| Q1 25 | $637.0M | $-166.0M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $775.0M | — | ||
| Q2 24 | $1.1B | — |
自由现金流FESFD
| Q1 26 | — | — | ||
| Q4 25 | $-30.0M | $842.0M | ||
| Q3 25 | $-471.0M | $-75.0M | ||
| Q2 25 | $-136.0M | $196.0M | ||
| Q1 25 | $-368.0M | $-245.0M | ||
| Q4 24 | $-250.0M | — | ||
| Q3 24 | $-229.0M | — | ||
| Q2 24 | $170.0M | — |
自由现金流率FESFD
| Q1 26 | — | — | ||
| Q4 25 | -0.8% | 19.9% | ||
| Q3 25 | -11.4% | -2.0% | ||
| Q2 25 | -4.0% | 5.2% | ||
| Q1 25 | -9.8% | -6.5% | ||
| Q4 24 | -7.9% | — | ||
| Q3 24 | -6.1% | — | ||
| Q2 24 | 5.2% | — |
资本支出强度FESFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | 30.7% | 2.3% | ||
| Q3 25 | 31.7% | 2.3% | ||
| Q2 25 | 36.0% | 2.1% | ||
| Q1 25 | 26.7% | 2.1% | ||
| Q4 24 | 40.7% | 2.1% | ||
| Q3 24 | 26.9% | 2.8% | ||
| Q2 24 | 28.7% | — |
现金转化率FESFD
| Q1 26 | — | — | ||
| Q4 25 | — | 2.87× | ||
| Q3 25 | 1.92× | 0.05× | ||
| Q2 25 | 4.04× | 1.46× | ||
| Q1 25 | 1.77× | -0.74× | ||
| Q4 24 | 4.00× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 24.71× | — |
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% |
SFD
暂无分部数据
