vs
IDACORP INC（IDA）与PORTLAND GENERAL ELECTRIC CO（POR）财务数据对比。点击上方公司名可切换其他公司
PORTLAND GENERAL ELECTRIC CO的季度营收约是IDACORP INC的2.5倍（$889.0M vs $360.1M），IDACORP INC净利率更高（12.1% vs 4.6%，领先7.5%），PORTLAND GENERAL ELECTRIC CO同比增速更快（7.9% vs -4.2%），PORTLAND GENERAL ELECTRIC CO自由现金流更多（$-142.0M vs $-216.2M），过去两年PORTLAND GENERAL ELECTRIC CO的营收复合增速更高（-2.2% vs -7.2%）
IDACORP Inc是注册于美国爱达荷州、总部设在博伊西的电力控股企业，成立于1998年10月1日，旗下拥有爱达荷电力公司、IDACORP金融公司及Ida-West能源公司，业务覆盖电力供应、能源服务及相关配套金融服务领域。
波特兰通用电气（简称PGE）是财富1000强上市能源企业，总部位于美国俄勒冈州波特兰，业务覆盖发电、输电、配电全链路，为俄勒冈州近三分之二的工商业活动提供电力服务，受俄勒冈州公用事业委员会监管，前身为1888年成立的威拉米特瀑布电气公司。
IDA vs POR — 直观对比
营收规模更大
POR
是对方的2.5倍
$360.1M
营收增速更快
POR
高出12.1%
-4.2%
净利率更高
IDA
高出7.5%
4.6%
自由现金流更多
POR
多$74.2M
$-216.2M
两年增速更快
POR
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $360.1M | $889.0M |
| 净利润 | $43.6M | $41.0M |
| 毛利率 | — | — |
| 营业利润率 | 14.9% | 10.7% |
| 净利率 | 12.1% | 4.6% |
| 营收同比 | -4.2% | 7.9% |
| 净利润同比 | 15.1% | 7.9% |
| 每股收益（稀释后） | $0.78 | $0.36 |
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IDAPOR
| Q4 25 | $360.1M | $889.0M | ||
| Q3 25 | $526.4M | $952.0M | ||
| Q2 25 | $449.3M | $807.0M | ||
| Q1 25 | $411.1M | $928.0M | ||
| Q4 24 | $375.9M | $824.0M | ||
| Q3 24 | $532.5M | $929.0M | ||
| Q2 24 | $442.6M | $758.0M | ||
| Q1 24 | $417.9M | $929.0M |
净利润IDAPOR
| Q4 25 | $43.6M | $41.0M | ||
| Q3 25 | $124.4M | $103.0M | ||
| Q2 25 | $95.8M | $62.0M | ||
| Q1 25 | $59.6M | $100.0M | ||
| Q4 24 | $37.9M | $38.0M | ||
| Q3 24 | $113.6M | $94.0M | ||
| Q2 24 | $89.5M | $72.0M | ||
| Q1 24 | $48.2M | $109.0M |
营业利润率IDAPOR
| Q4 25 | 14.9% | 10.7% | ||
| Q3 25 | 27.5% | 18.3% | ||
| Q2 25 | 22.4% | 14.6% | ||
| Q1 25 | 13.4% | 18.1% | ||
| Q4 24 | 11.0% | 10.7% | ||
| Q3 24 | 25.1% | 15.7% | ||
| Q2 24 | 23.3% | 15.3% | ||
| Q1 24 | 11.9% | 17.4% |
净利率IDAPOR
| Q4 25 | 12.1% | 4.6% | ||
| Q3 25 | 23.6% | 10.8% | ||
| Q2 25 | 21.3% | 7.7% | ||
| Q1 25 | 14.5% | 10.8% | ||
| Q4 24 | 10.1% | 4.6% | ||
| Q3 24 | 21.3% | 10.1% | ||
| Q2 24 | 20.2% | 9.5% | ||
| Q1 24 | 11.5% | 11.7% |
每股收益（稀释后）IDAPOR
| Q4 25 | $0.78 | $0.36 | ||
| Q3 25 | $2.26 | $0.94 | ||
| Q2 25 | $1.76 | $0.56 | ||
| Q1 25 | $1.10 | $0.91 | ||
| Q4 24 | $0.72 | $0.34 | ||
| Q3 24 | $2.12 | $0.90 | ||
| Q2 24 | $1.71 | $0.69 | ||
| Q1 24 | $0.95 | $1.08 |
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 | $215.7M | — |
| 总债务越低越好 | $3.3B | $4.7B |
| 股东权益账面价值 | $3.6B | $4.1B |
| 总资产 | $10.2B | $13.2B |
| 负债/权益比越低杠杆越低 | 0.93× | 1.13× |
8季度趋势，按日历期对齐
现金及短期投资IDAPOR
| Q4 25 | $215.7M | — | ||
| Q3 25 | $333.2M | — | ||
| Q2 25 | $474.5M | — | ||
| Q1 25 | $634.5M | — | ||
| Q4 24 | $368.9M | — | ||
| Q3 24 | $427.9M | — | ||
| Q2 24 | $169.6M | — | ||
| Q1 24 | $157.6M | — |
总债务IDAPOR
| Q4 25 | $3.3B | $4.7B | ||
| Q3 25 | — | $4.7B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.7B | ||
| Q4 24 | $3.1B | $4.5B | ||
| Q3 24 | — | $4.4B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
股东权益IDAPOR
| Q4 25 | $3.6B | $4.1B | ||
| Q3 25 | $3.5B | $4.0B | ||
| Q2 25 | $3.4B | $3.9B | ||
| Q1 25 | $3.3B | $3.8B | ||
| Q4 24 | $3.3B | $3.8B | ||
| Q3 24 | $3.3B | $3.6B | ||
| Q2 24 | $3.2B | $3.5B | ||
| Q1 24 | $2.9B | $3.5B |
总资产IDAPOR
| Q4 25 | $10.2B | $13.2B | ||
| Q3 25 | $10.1B | $13.0B | ||
| Q2 25 | $9.9B | $12.7B | ||
| Q1 25 | $9.6B | $12.7B | ||
| Q4 24 | $9.2B | $12.5B | ||
| Q3 24 | $9.1B | $11.9B | ||
| Q2 24 | $8.7B | $11.6B | ||
| Q1 24 | $8.3B | $11.6B |
负债/权益比IDAPOR
| Q4 25 | 0.93× | 1.13× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.23× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | 0.92× | 1.20× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.27× | ||
| Q1 24 | — | 1.28× |
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 | $137.8M | $148.0M |
| 自由现金流经营现金流 - 资本支出 | $-216.2M | $-142.0M |
| 自由现金流率自由现金流/营收 | -60.0% | -16.0% |
| 资本支出强度资本支出/营收 | 98.3% | 32.6% |
| 现金转化率经营现金流/净利润 | 3.16× | 3.61× |
| 过去12个月自由现金流最近4个季度 | $-577.5M | $-71.0M |
8季度趋势，按日历期对齐
经营现金流IDAPOR
| Q4 25 | $137.8M | $148.0M | ||
| Q3 25 | $162.8M | $403.0M | ||
| Q2 25 | $176.9M | $336.0M | ||
| Q1 25 | $124.3M | $231.0M | ||
| Q4 24 | $136.4M | $170.0M | ||
| Q3 24 | $201.9M | $244.0M | ||
| Q2 24 | $146.4M | $189.0M | ||
| Q1 24 | $109.7M | $175.0M |
自由现金流IDAPOR
| Q4 25 | $-216.2M | $-142.0M | ||
| Q3 25 | $-127.9M | $100.0M | ||
| Q2 25 | $-156.4M | $99.0M | ||
| Q1 25 | $-77.0M | $-128.0M | ||
| Q4 24 | $-48.9M | $-222.0M | ||
| Q3 24 | $-16.1M | $-9.0M | ||
| Q2 24 | $-199.6M | $-109.0M | ||
| Q1 24 | $-150.3M | $-150.0M |
自由现金流率IDAPOR
| Q4 25 | -60.0% | -16.0% | ||
| Q3 25 | -24.3% | 10.5% | ||
| Q2 25 | -34.8% | 12.3% | ||
| Q1 25 | -18.7% | -13.8% | ||
| Q4 24 | -13.0% | -26.9% | ||
| Q3 24 | -3.0% | -1.0% | ||
| Q2 24 | -45.1% | -14.4% | ||
| Q1 24 | -36.0% | -16.1% |
资本支出强度IDAPOR
| Q4 25 | 98.3% | 32.6% | ||
| Q3 25 | 55.2% | 31.8% | ||
| Q2 25 | 74.2% | 29.4% | ||
| Q1 25 | 49.0% | 38.7% | ||
| Q4 24 | 49.3% | 47.6% | ||
| Q3 24 | 41.0% | 27.2% | ||
| Q2 24 | 78.2% | 39.3% | ||
| Q1 24 | 62.2% | 35.0% |
现金转化率IDAPOR
| Q4 25 | 3.16× | 3.61× | ||
| Q3 25 | 1.31× | 3.91× | ||
| Q2 25 | 1.85× | 5.42× | ||
| Q1 25 | 2.08× | 2.31× | ||
| Q4 24 | 3.60× | 4.47× | ||
| Q3 24 | 1.78× | 2.60× | ||
| Q2 24 | 1.63× | 2.63× | ||
| Q1 24 | 2.28× | 1.61× |
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
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
POR
| Other | $507.0M | 57% |
| Commercial | $231.0M | 26% |
| Industrial | $140.0M | 16% |
| Direct Accesscustomers | $11.0M | 1% |
