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切尼尔能源（LNG）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
切尼尔能源的季度营收约是史密斯菲尔德食品的1.4倍（$5.4B vs $3.8B），切尼尔能源净利率更高（42.8% vs 6.6%，领先36.3%），切尼尔能源同比增速更快（20.3% vs 0.8%），过去两年切尼尔能源的营收复合增速更高（14.3% vs 5.5%）
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
LNG vs SFD — 直观对比
营收规模更大
LNG
是对方的1.4倍
$3.8B
营收增速更快
LNG
高出19.5%
0.8%
净利率更高
LNG
高出36.3%
6.6%
两年增速更快
LNG
近两年复合增速
5.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.4B | $3.8B |
| 净利润 | $2.3B | $249.0M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 70.8% | 8.8% |
| 净利率 | 42.8% | 6.6% |
| 营收同比 | 20.3% | 0.8% |
| 净利润同比 | 135.6% | 9.7% |
| 每股收益（稀释后） | $10.51 | — |
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LNGSFD
| Q1 26 | — | $3.8B | ||
| Q4 25 | $5.4B | $4.2B | ||
| Q3 25 | $4.3B | $3.7B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $5.3B | $3.8B | ||
| Q4 24 | $4.5B | $4.0B | ||
| Q3 24 | $3.7B | $3.3B | ||
| Q2 24 | $3.1B | $3.4B |
净利润LNGSFD
| Q1 26 | — | $249.0M | ||
| Q4 25 | $2.3B | $327.0M | ||
| Q3 25 | $1.0B | $248.0M | ||
| Q2 25 | $1.6B | $188.0M | ||
| Q1 25 | $353.0M | $224.0M | ||
| Q4 24 | $977.0M | $205.0M | ||
| Q3 24 | $893.0M | $291.0M | ||
| Q2 24 | $880.0M | $301.0M |
毛利率LNGSFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | 15.4% |
营业利润率LNGSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | 70.8% | 9.5% | ||
| Q3 25 | 42.3% | 8.3% | ||
| Q2 25 | 56.1% | 6.9% | ||
| Q1 25 | 18.2% | 8.5% | ||
| Q4 24 | 38.9% | 8.5% | ||
| Q3 24 | 44.7% | 8.5% | ||
| Q2 24 | 50.5% | 9.8% |
净利率LNGSFD
| Q1 26 | — | 6.6% | ||
| Q4 25 | 42.8% | 7.7% | ||
| Q3 25 | 24.4% | 6.6% | ||
| Q2 25 | 36.1% | 5.0% | ||
| Q1 25 | 6.7% | 5.9% | ||
| Q4 24 | 21.9% | 5.2% | ||
| Q3 24 | 24.2% | 8.7% | ||
| Q2 24 | 28.0% | 8.8% |
每股收益（稀释后）LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | $10.51 | $0.83 | ||
| Q3 25 | $4.75 | $0.63 | ||
| Q2 25 | $7.30 | $0.48 | ||
| Q1 25 | $1.57 | $0.57 | ||
| Q4 24 | $4.30 | $0.54 | ||
| Q3 24 | $3.93 | $0.77 | ||
| Q2 24 | $3.84 | $0.79 |
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 | $1.1B | $1.4B |
| 总债务越低越好 | $22.5B | — |
| 股东权益账面价值 | $7.9B | $6.9B |
| 总资产 | $47.9B | $12.0B |
| 负债/权益比越低杠杆越低 | 2.84× | — |
8季度趋势，按日历期对齐
现金及短期投资LNGSFD
| Q1 26 | — | $1.4B | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.7B | — | ||
| Q2 24 | $2.4B | — |
总债务LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | $22.5B | $2.0B | ||
| Q3 25 | $22.0B | $2.0B | ||
| Q2 25 | $22.0B | $2.0B | ||
| Q1 25 | $22.5B | $2.0B | ||
| Q4 24 | $22.6B | $2.0B | ||
| Q3 24 | $22.5B | — | ||
| Q2 24 | $22.6B | — |
股东权益LNGSFD
| Q1 26 | — | $6.9B | ||
| Q4 25 | $7.9B | $6.8B | ||
| Q3 25 | $6.7B | $6.5B | ||
| Q2 25 | $6.7B | $6.3B | ||
| Q1 25 | $5.6B | $6.2B | ||
| Q4 24 | $5.7B | $5.8B | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $4.5B | — |
总资产LNGSFD
| Q1 26 | — | $12.0B | ||
| Q4 25 | $47.9B | $12.2B | ||
| Q3 25 | $45.1B | $11.5B | ||
| Q2 25 | $44.6B | $11.2B | ||
| Q1 25 | $43.5B | $11.1B | ||
| Q4 24 | $43.9B | $11.1B | ||
| Q3 24 | $43.1B | — | ||
| Q2 24 | $42.3B | — |
负债/权益比LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | 2.84× | 0.29× | ||
| Q3 25 | 3.25× | 0.31× | ||
| Q2 25 | 3.28× | 0.32× | ||
| Q1 25 | 4.03× | 0.32× | ||
| Q4 24 | 3.96× | 0.34× | ||
| Q3 24 | 4.42× | — | ||
| Q2 24 | 5.06× | — |
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 | $2.1B | — |
| 自由现金流经营现金流 - 资本支出 | $1.3B | — |
| 自由现金流率自由现金流/营收 | 24.4% | — |
| 资本支出强度资本支出/营收 | 13.8% | 2.3% |
| 现金转化率经营现金流/净利润 | 0.89× | — |
| 过去12个月自由现金流最近4个季度 | $2.5B | — |
8季度趋势，按日历期对齐
经营现金流LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $938.0M | ||
| Q3 25 | $1.4B | $13.0M | ||
| Q2 25 | $831.0M | $274.0M | ||
| Q1 25 | $1.2B | $-166.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.1B | — |
自由现金流LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $842.0M | ||
| Q3 25 | $738.0M | $-75.0M | ||
| Q2 25 | $-193.0M | $196.0M | ||
| Q1 25 | $605.0M | $-245.0M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $875.0M | — | ||
| Q2 24 | $613.0M | — |
自由现金流率LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | 24.4% | 19.9% | ||
| Q3 25 | 17.2% | -2.0% | ||
| Q2 25 | -4.3% | 5.2% | ||
| Q1 25 | 11.4% | -6.5% | ||
| Q4 24 | 24.0% | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 19.5% | — |
资本支出强度LNGSFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | 13.8% | 2.3% | ||
| Q3 25 | 16.0% | 2.3% | ||
| Q2 25 | 22.7% | 2.1% | ||
| Q1 25 | 11.8% | 2.1% | ||
| Q4 24 | 12.7% | 2.1% | ||
| Q3 24 | 14.0% | 2.8% | ||
| Q2 24 | 16.0% | 2.3% |
现金转化率LNGSFD
| Q1 26 | — | — | ||
| Q4 25 | 0.89× | 2.87× | ||
| Q3 25 | 1.36× | 0.05× | ||
| Q2 25 | 0.51× | 1.46× | ||
| Q1 25 | 3.48× | -0.74× | ||
| Q4 24 | 1.68× | — | ||
| Q3 24 | 1.56× | — | ||
| Q2 24 | 1.27× | — |
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
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
SFD
暂无分部数据
