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进步能源（FLNC）与Rithm Capital Corp.（RITM）财务数据对比。点击上方公司名可切换其他公司
Rithm Capital Corp.的季度营收约是进步能源的1.7倍（$828.2M vs $475.2M），Rithm Capital Corp.净利率更高（13.2% vs -9.5%，领先22.7%），Rithm Capital Corp.同比增速更快（508.5% vs 154.4%），过去两年进步能源的营收复合增速更高（-12.7% vs -17.9%）
进步能源是一家电力生产与分销企业，并入杜克能源前为财富500强能源企业，总发电容量超21000兆瓦，年营收达90亿美元。公司总部位于北卡罗来纳州罗利，旗下拥有两家大型电力公用事业公司，为卡罗来纳州及佛罗里达州约310万用户提供服务。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
FLNC vs RITM — 直观对比
营收规模更大
RITM
是对方的1.7倍
$475.2M
营收增速更快
RITM
高出354.1%
154.4%
净利率更高
RITM
高出22.7%
-9.5%
两年增速更快
FLNC
近两年复合增速
-17.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $475.2M | $828.2M |
| 净利润 | $-45.1M | $109.5M |
| 毛利率 | 4.9% | — |
| 营业利润率 | -14.8% | 29.9% |
| 净利率 | -9.5% | 13.2% |
| 营收同比 | 154.4% | 508.5% |
| 净利润同比 | -8.7% | 27.7% |
| 每股收益（稀释后） | $-0.34 | $0.12 |
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FLNCRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $475.2M | $1.5B | ||
| Q3 25 | $1.0B | $1.1B | ||
| Q2 25 | $602.5M | $1.2B | ||
| Q1 25 | $431.6M | $768.4M | ||
| Q4 24 | $186.8M | $2.1B | ||
| Q3 24 | $1.2B | $619.5M | ||
| Q2 24 | $483.3M | $1.2B |
净利润FLNCRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $-45.1M | $85.0M | ||
| Q3 25 | $17.9M | $221.5M | ||
| Q2 25 | $6.3M | $311.7M | ||
| Q1 25 | $-31.0M | $78.8M | ||
| Q4 24 | $-41.5M | $290.2M | ||
| Q3 24 | $47.8M | $121.7M | ||
| Q2 24 | $785.0K | $235.6M |
毛利率FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 12.8% | — | ||
| Q2 24 | 17.2% | — |
营业利润率FLNCRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | -14.8% | 13.8% | ||
| Q3 25 | 4.4% | 21.4% | ||
| Q2 25 | 1.9% | 25.2% | ||
| Q1 25 | -10.2% | 7.4% | ||
| Q4 24 | -31.4% | 23.8% | ||
| Q3 24 | 6.2% | 7.3% | ||
| Q2 24 | 1.1% | 23.6% |
净利率FLNCRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | -9.5% | 5.7% | ||
| Q3 25 | 1.7% | 20.0% | ||
| Q2 25 | 1.0% | 25.6% | ||
| Q1 25 | -7.2% | 10.3% | ||
| Q4 24 | -22.2% | 14.0% | ||
| Q3 24 | 3.9% | 19.7% | ||
| Q2 24 | 0.2% | 19.2% |
每股收益（稀释后）FLNCRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $-0.34 | $0.09 | ||
| Q3 25 | $0.18 | $0.35 | ||
| Q2 25 | $0.01 | $0.53 | ||
| Q1 25 | $-0.24 | $0.07 | ||
| Q4 24 | $-0.32 | $0.50 | ||
| Q3 24 | $0.34 | $0.20 | ||
| Q2 24 | $0.00 | $0.43 |
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 | $452.6M | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $388.0M | $9.1B |
| 总资产 | $2.3B | $53.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | $452.6M | $1.8B | ||
| Q3 25 | $690.8M | $1.6B | ||
| Q2 25 | $436.3M | $1.6B | ||
| Q1 25 | $568.6M | $1.5B | ||
| Q4 24 | $607.4M | $1.5B | ||
| Q3 24 | $448.7M | $1.6B | ||
| Q2 24 | $388.2M | $1.2B |
总债务FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益FLNCRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $388.0M | $8.4B | ||
| Q3 25 | $429.6M | $8.5B | ||
| Q2 25 | $407.4M | $7.9B | ||
| Q1 25 | $388.2M | $7.8B | ||
| Q4 24 | $409.4M | $7.8B | ||
| Q3 24 | $472.1M | $7.7B | ||
| Q2 24 | $421.2M | $7.3B |
总资产FLNCRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $2.3B | $53.1B | ||
| Q3 25 | $2.4B | $47.2B | ||
| Q2 25 | $2.1B | $44.3B | ||
| Q1 25 | $2.3B | $45.3B | ||
| Q4 24 | $2.2B | $46.0B | ||
| Q3 24 | $1.9B | $42.3B | ||
| Q2 24 | $1.7B | $42.0B |
负债/权益比FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | $-226.8M | — |
| 自由现金流经营现金流 - 资本支出 | $-232.6M | — |
| 自由现金流率自由现金流/营收 | -48.9% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 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 | $-179.7M | — |
8季度趋势，按日历期对齐
经营现金流FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | $-226.8M | $-114.6M | ||
| Q3 25 | $265.7M | $-2.0B | ||
| Q2 25 | $-153.9M | $-557.1M | ||
| Q1 25 | $-46.2M | $1.4B | ||
| Q4 24 | $-211.2M | $-1.8B | ||
| Q3 24 | $10.5M | $768.1M | ||
| Q2 24 | $-21.1M | $-55.7M |
自由现金流FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | $-232.6M | — | ||
| Q3 25 | $260.9M | — | ||
| Q2 25 | $-157.4M | — | ||
| Q1 25 | $-50.5M | — | ||
| Q4 24 | $-213.3M | — | ||
| Q3 24 | $7.3M | — | ||
| Q2 24 | $-23.5M | — |
自由现金流率FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | -48.9% | — | ||
| Q3 25 | 25.0% | — | ||
| Q2 25 | -26.1% | — | ||
| Q1 25 | -11.7% | — | ||
| Q4 24 | -114.2% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | -4.9% | — |
资本支出强度FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | 1.2% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.5% | — |
现金转化率FLNCRITM
| Q1 26 | — | — | ||
| Q4 25 | — | -1.35× | ||
| Q3 25 | 14.81× | -9.22× | ||
| Q2 25 | -24.61× | -1.79× | ||
| Q1 25 | — | 18.03× | ||
| Q4 24 | — | -6.04× | ||
| Q3 24 | 0.22× | 6.31× | ||
| Q2 24 | -26.87× | -0.24× |
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
FLNC
| Products | $450.9M | 95% |
| Services | $22.5M | 5% |
| Digital Applications And Solutions | $1.9M | 0% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
