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第一太阳能（FSLR）与赫兹（HTZ）财务数据对比。点击上方公司名可切换其他公司
赫兹的季度营收约是第一太阳能的1.9倍（$2.0B vs $1.0B），第一太阳能净利率更高（33.2% vs -16.6%，领先49.8%），第一太阳能同比增速更快（23.6% vs 11.0%），过去两年第一太阳能的营收复合增速更高（1.7% vs -7.7%）
第一太阳能是美国上市光伏面板制造商，1990年成立时名为Solar Cells, Inc.，1999年被True North Partners收购后改为现名。公司采用碲化镉（CdTe）半导体技术生产刚性薄膜光伏面板，旗下所有生产基地均提供退役面板回收服务。
赫兹全球控股是美国知名汽车租赁企业，总部位于佛罗里达州埃斯特罗。公司运营赫兹同名核心品牌，同时拥有Dollar、Firefly、Thrifty等多个汽车租赁子品牌，业务覆盖全球广泛市场，为客户提供多元出行租赁解决方案。
FSLR vs HTZ — 直观对比
营收规模更大
HTZ
是对方的1.9倍
$1.0B
营收增速更快
FSLR
高出12.6%
11.0%
净利率更高
FSLR
高出49.8%
-16.6%
两年增速更快
FSLR
近两年复合增速
-7.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $2.0B |
| 净利润 | $346.6M | $-333.0M |
| 毛利率 | 46.6% | — |
| 营业利润率 | 33.1% | — |
| 净利率 | 33.2% | -16.6% |
| 营收同比 | 23.6% | 11.0% |
| 净利润同比 | 65.4% | 24.8% |
| 每股收益（稀释后） | $3.22 | $-1.06 |
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FSLRHTZ
| Q1 26 | $1.0B | $2.0B | ||
| Q4 25 | $1.7B | $2.0B | ||
| Q3 25 | $1.6B | $2.5B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $844.6M | $1.8B | ||
| Q4 24 | $1.5B | $2.0B | ||
| Q3 24 | $887.7M | $2.6B | ||
| Q2 24 | $1.0B | $2.4B |
净利润FSLRHTZ
| Q1 26 | $346.6M | $-333.0M | ||
| Q4 25 | $520.9M | $-194.0M | ||
| Q3 25 | $455.9M | $184.0M | ||
| Q2 25 | $341.9M | $-294.0M | ||
| Q1 25 | $209.5M | $-443.0M | ||
| Q4 24 | $393.1M | $-479.0M | ||
| Q3 24 | $313.0M | $-1.3B | ||
| Q2 24 | $349.4M | $-865.0M |
毛利率FSLRHTZ
| Q1 26 | 46.6% | — | ||
| Q4 25 | 39.5% | — | ||
| Q3 25 | 38.3% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 40.8% | — | ||
| Q4 24 | 37.5% | — | ||
| Q3 24 | 50.2% | — | ||
| Q2 24 | 49.4% | — |
营业利润率FSLRHTZ
| Q1 26 | 33.1% | — | ||
| Q4 25 | 32.6% | -11.0% | ||
| Q3 25 | 29.2% | 9.4% | ||
| Q2 25 | 33.0% | -14.5% | ||
| Q1 25 | 26.2% | -29.0% | ||
| Q4 24 | 30.2% | -27.6% | ||
| Q3 24 | 36.3% | -62.9% | ||
| Q2 24 | 36.9% | -20.1% |
净利率FSLRHTZ
| Q1 26 | 33.2% | -16.6% | ||
| Q4 25 | 31.0% | -9.6% | ||
| Q3 25 | 28.6% | 7.4% | ||
| Q2 25 | 31.2% | -13.5% | ||
| Q1 25 | 24.8% | -24.4% | ||
| Q4 24 | 26.0% | -23.5% | ||
| Q3 24 | 35.3% | -51.7% | ||
| Q2 24 | 34.6% | -36.8% |
每股收益（稀释后）FSLRHTZ
| Q1 26 | $3.22 | $-1.06 | ||
| Q4 25 | $4.84 | $-0.46 | ||
| Q3 25 | $4.24 | $0.42 | ||
| Q2 25 | $3.18 | $-0.95 | ||
| Q1 25 | $1.95 | $-1.44 | ||
| Q4 24 | $3.66 | $-1.57 | ||
| Q3 24 | $2.91 | $-4.34 | ||
| Q2 24 | $3.25 | $-2.82 |
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 | $2.4B | $583.0M |
| 总债务越低越好 | $425.8M | — |
| 股东权益账面价值 | $9.9B | — |
| 总资产 | $13.4B | $23.3B |
| 负债/权益比越低杠杆越低 | 0.04× | — |
8季度趋势，按日历期对齐
现金及短期投资FSLRHTZ
| Q1 26 | $2.4B | $583.0M | ||
| Q4 25 | $2.8B | $565.0M | ||
| Q3 25 | $2.0B | $1.1B | ||
| Q2 25 | $1.1B | $503.0M | ||
| Q1 25 | $837.6M | $626.0M | ||
| Q4 24 | $1.6B | $592.0M | ||
| Q3 24 | $1.0B | $501.0M | ||
| Q2 24 | $1.7B | $568.0M |
总债务FSLRHTZ
| Q1 26 | $425.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FSLRHTZ
| Q1 26 | $9.9B | — | ||
| Q4 25 | $9.5B | $-459.0M | ||
| Q3 25 | $9.0B | $-317.0M | ||
| Q2 25 | $8.5B | $-504.0M | ||
| Q1 25 | $8.2B | $-262.0M | ||
| Q4 24 | $8.0B | $153.0M | ||
| Q3 24 | $7.6B | $681.0M | ||
| Q2 24 | $7.3B | $2.0B |
总资产FSLRHTZ
| Q1 26 | $13.4B | $23.3B | ||
| Q4 25 | $13.3B | $22.3B | ||
| Q3 25 | $13.5B | $23.0B | ||
| Q2 25 | $12.9B | $23.1B | ||
| Q1 25 | $12.1B | $22.0B | ||
| Q4 24 | $12.1B | $21.8B | ||
| Q3 24 | $11.4B | $23.0B | ||
| Q2 24 | $11.0B | $25.2B |
负债/权益比FSLRHTZ
| Q1 26 | 0.04× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-214.9M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 53.6% |
| 现金转化率经营现金流/净利润 | -0.62× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FSLRHTZ
| Q1 26 | $-214.9M | — | ||
| Q4 25 | $1.2B | $193.0M | ||
| Q3 25 | $1.3B | $835.0M | ||
| Q2 25 | $149.6M | $346.0M | ||
| Q1 25 | $-608.0M | $251.0M | ||
| Q4 24 | $811.0M | $414.0M | ||
| Q3 24 | $-53.7M | $894.0M | ||
| Q2 24 | $193.0M | $546.0M |
自由现金流FSLRHTZ
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $-138.6M | — | ||
| Q1 25 | $-813.9M | — | ||
| Q4 24 | $497.5M | — | ||
| Q3 24 | $-487.7M | — | ||
| Q2 24 | $-172.1M | — |
自由现金流率FSLRHTZ
| Q1 26 | — | — | ||
| Q4 25 | 63.6% | — | ||
| Q3 25 | 67.1% | — | ||
| Q2 25 | -12.6% | — | ||
| Q1 25 | -96.4% | — | ||
| Q4 24 | 32.9% | — | ||
| Q3 24 | -54.9% | — | ||
| Q2 24 | -17.0% | — |
资本支出强度FSLRHTZ
| Q1 26 | — | 53.6% | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.8% | — | ||
| Q2 25 | 26.3% | — | ||
| Q1 25 | 24.4% | — | ||
| Q4 24 | 20.7% | — | ||
| Q3 24 | 48.9% | — | ||
| Q2 24 | 36.1% | — |
现金转化率FSLRHTZ
| Q1 26 | -0.62× | — | ||
| Q4 25 | 2.38× | — | ||
| Q3 25 | 2.79× | 4.54× | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | -2.90× | — | ||
| Q4 24 | 2.06× | — | ||
| Q3 24 | -0.17× | — | ||
| Q2 24 | 0.55× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
