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Jacobs Solutions（J）与WEC Energy Group（WEC）财务数据对比。点击上方公司名可切换其他公司
Jacobs Solutions的季度营收约是WEC Energy Group的1.3倍（$3.3B vs $2.5B），WEC Energy Group净利率更高（12.5% vs 3.8%，领先8.7%），Jacobs Solutions同比增速更快（12.3% vs 11.1%），过去两年WEC Energy Group的营收复合增速更高（-2.7% vs -12.2%）
Jacobs Solutions是总部位于美国得克萨斯州达拉斯市的国际技术专业服务企业，面向全球各类企业、社会组织及政府机构客户，提供工程、技术、专业及施工服务，同时开展科学研究与专项咨询业务，在所属行业长期处于领先地位。
WEC能源集团是总部位于美国威斯康星州密尔沃基的知名能源企业，业务覆盖美国四个州，为总计440万用户提供可靠的电力及天然气供应服务，是北美地区颇具规模的区域性能源服务商。
J vs WEC — 直观对比
营收规模更大
J
是对方的1.3倍
$2.5B
营收增速更快
J
高出1.2%
11.1%
净利率更高
WEC
高出8.7%
3.8%
两年增速更快
WEC
近两年复合增速
-12.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.5B |
| 净利润 | $125.5M | $316.8M |
| 毛利率 | 23.2% | 63.7% |
| 营业利润率 | 7.1% | 17.9% |
| 净利率 | 3.8% | 12.5% |
| 营收同比 | 12.3% | 11.1% |
| 净利润同比 | 792.3% | -30.1% |
| 每股收益（稀释后） | $1.12 | — |
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JWEC
| Q4 25 | $3.3B | $2.5B | ||
| Q3 25 | $3.2B | $2.1B | ||
| Q2 25 | $3.0B | $2.0B | ||
| Q1 25 | $2.9B | $3.1B | ||
| Q4 24 | $2.9B | $2.3B | ||
| Q3 24 | $-1.2B | $1.9B | ||
| Q2 24 | $4.2B | $1.8B | ||
| Q1 24 | $4.3B | $2.7B |
净利润JWEC
| Q4 25 | $125.5M | $316.8M | ||
| Q3 25 | $122.2M | $270.2M | ||
| Q2 25 | $179.6M | $243.0M | ||
| Q1 25 | $5.6M | $725.5M | ||
| Q4 24 | $-18.1M | $453.1M | ||
| Q3 24 | $325.4M | $238.6M | ||
| Q2 24 | $146.9M | $210.0M | ||
| Q1 24 | $162.1M | $622.6M |
毛利率JWEC
| Q4 25 | 23.2% | 63.7% | ||
| Q3 25 | 24.3% | 71.1% | ||
| Q2 25 | 25.0% | 71.6% | ||
| Q1 25 | 25.4% | 63.0% | ||
| Q4 24 | 24.6% | 67.7% | ||
| Q3 24 | — | 72.1% | ||
| Q2 24 | 21.7% | 73.5% | ||
| Q1 24 | 21.2% | 65.4% |
营业利润率JWEC
| Q4 25 | 7.1% | 17.9% | ||
| Q3 25 | 6.7% | 21.4% | ||
| Q2 25 | 7.8% | 20.1% | ||
| Q1 25 | 7.2% | 29.8% | ||
| Q4 24 | 7.1% | 25.9% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | 6.2% | 20.6% | ||
| Q1 24 | 6.6% | 30.3% |
净利率JWEC
| Q4 25 | 3.8% | 12.5% | ||
| Q3 25 | 3.9% | 12.8% | ||
| Q2 25 | 5.9% | 12.1% | ||
| Q1 25 | 0.2% | 23.0% | ||
| Q4 24 | -0.6% | 19.8% | ||
| Q3 24 | -28.1% | 12.8% | ||
| Q2 24 | 3.5% | 11.9% | ||
| Q1 24 | 3.8% | 23.2% |
每股收益（稀释后）JWEC
| Q4 25 | $1.12 | — | ||
| Q3 25 | $0.88 | — | ||
| Q2 25 | $1.55 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $2.50 | — | ||
| Q2 24 | $1.17 | — | ||
| Q1 24 | $1.28 | — |
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 | $1.6B | $27.6M |
| 总债务越低越好 | — | $20.0B |
| 股东权益账面价值 | $3.4B | $14.1B |
| 总资产 | $11.6B | $51.5B |
| 负债/权益比越低杠杆越低 | — | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资JWEC
| Q4 25 | $1.6B | $27.6M | ||
| Q3 25 | $1.2B | $51.1M | ||
| Q2 25 | $1.3B | $23.0M | ||
| Q1 25 | $1.2B | $82.2M | ||
| Q4 24 | $1.3B | $9.8M | ||
| Q3 24 | $1.1B | $322.5M | ||
| Q2 24 | $1.2B | $224.0M | ||
| Q1 24 | $1.0B | $38.9M |
总债务JWEC
| Q4 25 | — | $20.0B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $18.9B | ||
| Q3 24 | — | $16.9B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $15.4B |
股东权益JWEC
| Q4 25 | $3.4B | $14.1B | ||
| Q3 25 | $3.6B | $14.0B | ||
| Q2 25 | $3.8B | $13.7B | ||
| Q1 25 | $3.9B | $13.4B | ||
| Q4 24 | $4.2B | $12.8B | ||
| Q3 24 | $4.5B | $12.4B | ||
| Q2 24 | $6.6B | $12.4B | ||
| Q1 24 | $6.6B | $12.4B |
总资产JWEC
| Q4 25 | $11.6B | $51.5B | ||
| Q3 25 | $11.3B | $49.8B | ||
| Q2 25 | $11.4B | $48.5B | ||
| Q1 25 | $11.2B | $48.2B | ||
| Q4 24 | $11.6B | $47.4B | ||
| Q3 24 | $11.8B | $45.2B | ||
| Q2 24 | $15.0B | $44.6B | ||
| Q1 24 | $14.9B | $43.9B |
负债/权益比JWEC
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.36× | ||
| Q1 24 | — | 1.24× |
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 | $380.8M | $424.6M |
| 自由现金流经营现金流 - 资本支出 | $364.9M | — |
| 自由现金流率自由现金流/营收 | 11.1% | — |
| 资本支出强度资本支出/营收 | 0.5% | — |
| 现金转化率经营现金流/净利润 | 3.03× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $875.3M | — |
8季度趋势，按日历期对齐
经营现金流JWEC
| Q4 25 | $380.8M | $424.6M | ||
| Q3 25 | $383.1M | $938.9M | ||
| Q2 25 | $292.6M | $853.3M | ||
| Q1 25 | $-96.4M | $1.2B | ||
| Q4 24 | $107.5M | $581.8M | ||
| Q3 24 | $196.5M | $729.0M | ||
| Q2 24 | $482.6M | $1.0B | ||
| Q1 24 | $-42.8M | $863.6M |
自由现金流JWEC
| Q4 25 | $364.9M | — | ||
| Q3 25 | $353.5M | $-625.7M | ||
| Q2 25 | $270.5M | $23.9M | ||
| Q1 25 | $-113.7M | $461.5M | ||
| Q4 24 | $97.1M | — | ||
| Q3 24 | $158.2M | $-67.3M | ||
| Q2 24 | $444.9M | $343.5M | ||
| Q1 24 | $-70.6M | $419.1M |
自由现金流率JWEC
| Q4 25 | 11.1% | — | ||
| Q3 25 | 11.2% | -29.7% | ||
| Q2 25 | 8.9% | 1.2% | ||
| Q1 25 | -3.9% | 14.7% | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | -13.6% | -3.6% | ||
| Q2 24 | 10.5% | 19.4% | ||
| Q1 24 | -1.7% | 15.6% |
资本支出强度JWEC
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.9% | 74.4% | ||
| Q2 25 | 0.7% | 41.3% | ||
| Q1 25 | 0.6% | 22.3% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | -3.3% | 42.7% | ||
| Q2 24 | 0.9% | 39.2% | ||
| Q1 24 | 0.7% | 16.6% |
现金转化率JWEC
| Q4 25 | 3.03× | 1.34× | ||
| Q3 25 | 3.13× | 3.47× | ||
| Q2 25 | 1.63× | 3.51× | ||
| Q1 25 | -17.18× | 1.60× | ||
| Q4 24 | — | 1.28× | ||
| Q3 24 | 0.60× | 3.06× | ||
| Q2 24 | 3.28× | 4.94× | ||
| Q1 24 | -0.26× | 1.39× |
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
J
| Infrastructure Advanced Facilities | $2.9B | 89% |
| PA Consulting | $354.4M | 11% |
WEC
| Wisconsin | $1.9B | 73% |
| Illinois | $441.2M | 17% |
| Other States | $165.1M | 7% |
| External Revenues | $74.0M | 3% |
| Otheroperatingrevenues | $8.0M | 0% |
