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GE Vernova（GEV）与西南航空（LUV）财务数据对比。点击上方公司名可切换其他公司
GE Vernova的季度营收约是西南航空的1.3倍（$9.3B vs $7.2B），GE Vernova净利率更高（50.9% vs 3.1%，领先47.7%），GE Vernova同比增速更快（16.3% vs 12.8%），过去两年GE Vernova的营收复合增速更高（6.7% vs -0.7%）
GE Vernova是总部位于美国马萨诸塞州剑桥市的能源设备制造及服务企业，下设三大核心业务板块：电力板块主营燃气、核电、水电、蒸汽技术的设计、制造与运维；风电板块提供陆上风电机组、海上风电机组及叶片；电气化板块覆盖电网解决方案、电能转换、光储方案及输配电管理相关数字技术。
西南航空是美国知名低成本航空公司，总部位于得克萨斯州达拉斯市洛夫菲尔德片区。截至2024年，按客运量计算其为北美第四大航空公司，旗下机队全部采用波音737机型，运营航线覆盖美国42个州、华盛顿哥伦比亚特区的100余个目的地。
GEV vs LUV — 直观对比
营收规模更大
GEV
是对方的1.3倍
$7.2B
营收增速更快
GEV
高出3.5%
12.8%
净利率更高
GEV
高出47.7%
3.1%
两年增速更快
GEV
近两年复合增速
-0.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $9.3B | $7.2B |
| 净利润 | $4.8B | $227.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 50.9% | 3.1% |
| 营收同比 | 16.3% | 12.8% |
| 净利润同比 | 5.9% | 252.3% |
| 每股收益（稀释后） | $17.44 | $0.45 |
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GEVLUV
| Q1 26 | $9.3B | $7.2B | ||
| Q4 25 | $11.0B | $7.4B | ||
| Q3 25 | $10.0B | $6.9B | ||
| Q2 25 | $9.1B | $7.2B | ||
| Q1 25 | $8.0B | $6.4B | ||
| Q4 24 | $10.6B | $6.9B | ||
| Q3 24 | $8.9B | $6.9B | ||
| Q2 24 | $8.2B | $7.4B |
净利润GEVLUV
| Q1 26 | $4.8B | $227.0M | ||
| Q4 25 | $3.7B | $323.0M | ||
| Q3 25 | $452.0M | $54.0M | ||
| Q2 25 | $514.0M | $213.0M | ||
| Q1 25 | $254.0M | $-149.0M | ||
| Q4 24 | $484.0M | $262.0M | ||
| Q3 24 | $-96.0M | $67.0M | ||
| Q2 24 | $1.3B | $367.0M |
毛利率GEVLUV
| Q1 26 | — | — | ||
| Q4 25 | 21.2% | — | ||
| Q3 25 | 19.0% | — | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | 18.3% | — | ||
| Q4 24 | 20.1% | — | ||
| Q3 24 | 12.4% | — | ||
| Q2 24 | 20.7% | — |
营业利润率GEVLUV
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 5.3% | ||
| Q3 25 | 3.7% | 0.5% | ||
| Q2 25 | 4.1% | 3.1% | ||
| Q1 25 | 0.5% | -3.5% | ||
| Q4 24 | 5.6% | 4.0% | ||
| Q3 24 | -4.0% | 0.6% | ||
| Q2 24 | 6.4% | 5.4% |
净利率GEVLUV
| Q1 26 | 50.9% | 3.1% | ||
| Q4 25 | 33.4% | 4.3% | ||
| Q3 25 | 4.5% | 0.8% | ||
| Q2 25 | 5.6% | 2.9% | ||
| Q1 25 | 3.2% | -2.3% | ||
| Q4 24 | 4.6% | 3.8% | ||
| Q3 24 | -1.1% | 1.0% | ||
| Q2 24 | 15.8% | 5.0% |
每股收益（稀释后）GEVLUV
| Q1 26 | $17.44 | $0.45 | ||
| Q4 25 | $13.28 | $0.56 | ||
| Q3 25 | $1.64 | $0.10 | ||
| Q2 25 | $1.86 | $0.39 | ||
| Q1 25 | $0.91 | $-0.26 | ||
| Q4 24 | $1.75 | $0.46 | ||
| Q3 24 | $-0.35 | $0.11 | ||
| Q2 24 | $4.65 | $0.58 |
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 | — | $3.3B |
| 总债务越低越好 | — | $5.4B |
| 股东权益账面价值 | — | $6.9B |
| 总资产 | — | $20.4B |
| 负债/权益比越低杠杆越低 | — | 0.78× |
8季度趋势，按日历期对齐
现金及短期投资GEVLUV
| Q1 26 | — | $3.3B | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $9.4B | ||
| Q2 24 | — | $10.0B |
总债务GEVLUV
| Q1 26 | — | $5.4B | ||
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $5.1B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $5.1B |
股东权益GEVLUV
| Q1 26 | — | $6.9B | ||
| Q4 25 | $11.2B | $8.0B | ||
| Q3 25 | $8.6B | $7.8B | ||
| Q2 25 | $8.9B | $8.0B | ||
| Q1 25 | $8.6B | $9.4B | ||
| Q4 24 | $9.5B | $10.3B | ||
| Q3 24 | $9.5B | $10.4B | ||
| Q2 24 | $9.1B | $10.5B |
总资产GEVLUV
| Q1 26 | — | $20.4B | ||
| Q4 25 | $63.0B | $29.1B | ||
| Q3 25 | $54.4B | $28.3B | ||
| Q2 25 | $53.1B | $28.7B | ||
| Q1 25 | $51.6B | $33.2B | ||
| Q4 24 | $51.5B | $33.8B | ||
| Q3 24 | $50.9B | $34.8B | ||
| Q2 24 | $48.1B | $35.6B |
负债/权益比GEVLUV
| Q1 26 | — | 0.78× | ||
| Q4 25 | — | 0.57× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.44× | ||
| Q4 24 | — | 0.49× | ||
| Q3 24 | — | 0.49× | ||
| Q2 24 | — | 0.48× |
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 | — | $1.4B |
| 自由现金流经营现金流 - 资本支出 | $4.8B | — |
| 自由现金流率自由现金流/营收 | 51.3% | — |
| 资本支出强度资本支出/营收 | — | 8.7% |
| 现金转化率经营现金流/净利润 | — | 6.25× |
| 过去12个月自由现金流最近4个季度 | $7.5B | — |
8季度趋势，按日历期对齐
经营现金流GEVLUV
| Q1 26 | — | $1.4B | ||
| Q4 25 | $2.5B | $294.0M | ||
| Q3 25 | $980.0M | $287.0M | ||
| Q2 25 | $367.0M | $401.0M | ||
| Q1 25 | $1.2B | $860.0M | ||
| Q4 24 | $921.0M | $476.0M | ||
| Q3 24 | $1.1B | $113.0M | ||
| Q2 24 | $979.0M | $-23.0M |
自由现金流GEVLUV
| Q1 26 | $4.8B | — | ||
| Q4 25 | $1.8B | $-565.0M | ||
| Q3 25 | $733.0M | $-391.0M | ||
| Q2 25 | $194.0M | $-234.0M | ||
| Q1 25 | $975.0M | $359.0M | ||
| Q4 24 | $571.0M | $16.0M | ||
| Q3 24 | $968.0M | $-404.0M | ||
| Q2 24 | $822.0M | $-517.0M |
自由现金流率GEVLUV
| Q1 26 | 51.3% | — | ||
| Q4 25 | 16.5% | -7.6% | ||
| Q3 25 | 7.4% | -5.6% | ||
| Q2 25 | 2.1% | -3.2% | ||
| Q1 25 | 12.1% | 5.6% | ||
| Q4 24 | 5.4% | 0.2% | ||
| Q3 24 | 10.9% | -5.9% | ||
| Q2 24 | 10.0% | -7.0% |
资本支出强度GEVLUV
| Q1 26 | — | 8.7% | ||
| Q4 25 | 6.1% | 11.5% | ||
| Q3 25 | 2.5% | 9.8% | ||
| Q2 25 | 1.9% | 8.8% | ||
| Q1 25 | 2.3% | 7.8% | ||
| Q4 24 | 3.3% | 6.6% | ||
| Q3 24 | 1.8% | 7.5% | ||
| Q2 24 | 1.9% | 6.7% |
现金转化率GEVLUV
| Q1 26 | — | 6.25× | ||
| Q4 25 | 0.68× | 0.91× | ||
| Q3 25 | 2.17× | 5.31× | ||
| Q2 25 | 0.71× | 1.88× | ||
| Q1 25 | 4.57× | — | ||
| Q4 24 | 1.90× | 1.82× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | 0.76× | -0.06× |
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
GEV
| Organic revenues | $8.6B | 92% |
| Other | $752.0M | 8% |
LUV
| Passenger | $6.6B | 91% |
| Other | $614.0M | 8% |
| Freight | $44.0M | 1% |
