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Alliant Energy（LNT）与NextEra Energy（NEE）财务数据对比。点击上方公司名可切换其他公司
NextEra Energy的季度营收约是Alliant Energy的5.6倍（$6.0B vs $1.1B），NextEra Energy净利率更高（25.6% vs 13.4%，领先12.2%），NextEra Energy同比增速更快（11.1% vs 9.0%），过去两年NextEra Energy的营收复合增速更高（5.4% vs 1.5%）
Alliant Energy是美国公用事业控股企业，主营受监管的电力与天然气服务，下设公用电力运营、公用燃气运营及其他公用事业三大业务板块。公司通过子公司Interstate Power and Light Company（IPL）为艾奥瓦州零售客户提供发电配电、天然气配送及运输服务，同时向明尼苏达州、伊利诺伊州等地的批发客户售电。
NextEra Energy是美国能源企业，也是全球市值最高的电力公用事业控股公司，截至2024年10月市值超1700亿美元。2024年营收达248亿美元，在美加两国共有1.67万名员工，当前发电装机容量为73吉瓦，旗下拥有佛罗里达电力照明等多家子公司。
LNT vs NEE — 直观对比
营收规模更大
NEE
是对方的5.6倍
$1.1B
营收增速更快
NEE
高出2.1%
9.0%
净利率更高
NEE
高出12.2%
13.4%
两年增速更快
NEE
近两年复合增速
1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $6.0B |
| 净利润 | $142.0M | $1.5B |
| 毛利率 | 85.9% | — |
| 营业利润率 | 18.4% | 26.4% |
| 净利率 | 13.4% | 25.6% |
| 营收同比 | 9.0% | 11.1% |
| 净利润同比 | -5.3% | 27.6% |
| 每股收益（稀释后） | $0.54 | $0.74 |
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LNTNEE
| Q4 25 | $1.1B | $6.0B | ||
| Q3 25 | $1.2B | $7.4B | ||
| Q2 25 | $961.0M | $6.4B | ||
| Q1 25 | $1.1B | $6.0B | ||
| Q4 24 | $975.0M | $5.4B | ||
| Q3 24 | $1.1B | $6.7B | ||
| Q2 24 | $894.0M | $6.0B | ||
| Q1 24 | $1.0B | $5.4B |
净利润LNTNEE
| Q4 25 | $142.0M | $1.5B | ||
| Q3 25 | $281.0M | $2.4B | ||
| Q2 25 | $174.0M | $2.0B | ||
| Q1 25 | $213.0M | $833.0M | ||
| Q4 24 | $150.0M | $1.2B | ||
| Q3 24 | $295.0M | $1.9B | ||
| Q2 24 | $87.0M | $1.6B | ||
| Q1 24 | $158.0M | $2.3B |
毛利率LNTNEE
| Q4 25 | 85.9% | — | ||
| Q3 25 | 86.3% | — | ||
| Q2 25 | 84.3% | — | ||
| Q1 25 | 86.0% | — | ||
| Q4 24 | 84.7% | — | ||
| Q3 24 | 84.7% | — | ||
| Q2 24 | 83.6% | — | ||
| Q1 24 | 85.3% | — |
营业利润率LNTNEE
| Q4 25 | 18.4% | 26.4% | ||
| Q3 25 | 28.8% | 34.1% | ||
| Q2 25 | 23.2% | 29.9% | ||
| Q1 25 | 22.8% | 37.6% | ||
| Q4 24 | 22.7% | 17.4% | ||
| Q3 24 | 29.0% | 42.6% | ||
| Q2 24 | 14.5% | 27.8% | ||
| Q1 24 | 21.5% | 37.3% |
净利率LNTNEE
| Q4 25 | 13.4% | 25.6% | ||
| Q3 25 | 23.2% | 32.9% | ||
| Q2 25 | 18.1% | 31.7% | ||
| Q1 25 | 18.9% | 13.9% | ||
| Q4 24 | 15.4% | 22.3% | ||
| Q3 24 | 27.3% | 27.6% | ||
| Q2 24 | 9.7% | 27.0% | ||
| Q1 24 | 15.3% | 42.0% |
每股收益（稀释后）LNTNEE
| Q4 25 | $0.54 | $0.74 | ||
| Q3 25 | $1.09 | $1.18 | ||
| Q2 25 | $0.68 | $0.98 | ||
| Q1 25 | $0.83 | $0.40 | ||
| Q4 24 | $0.58 | $0.58 | ||
| Q3 24 | $1.15 | $0.90 | ||
| Q2 24 | $0.34 | $0.79 | ||
| Q1 24 | $0.62 | $1.10 |
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 | $556.0M | $2.8B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.3B | $54.6B |
| 总资产 | $25.0B | $212.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LNTNEE
| Q4 25 | $556.0M | $2.8B | ||
| Q3 25 | $753.0M | $2.4B | ||
| Q2 25 | $329.0M | $1.7B | ||
| Q1 25 | $25.0M | $2.4B | ||
| Q4 24 | $81.0M | $1.5B | ||
| Q3 24 | $827.0M | $2.3B | ||
| Q2 24 | $92.0M | $1.6B | ||
| Q1 24 | $32.0M | $1.6B |
股东权益LNTNEE
| Q4 25 | $7.3B | $54.6B | ||
| Q3 25 | $7.3B | $54.2B | ||
| Q2 25 | $7.1B | $50.8B | ||
| Q1 25 | $7.1B | $49.8B | ||
| Q4 24 | $7.0B | $50.1B | ||
| Q3 24 | $7.0B | $50.1B | ||
| Q2 24 | $6.8B | $49.1B | ||
| Q1 24 | $6.8B | $48.6B |
总资产LNTNEE
| Q4 25 | $25.0B | $212.7B | ||
| Q3 25 | $24.6B | $204.4B | ||
| Q2 25 | $23.8B | $198.8B | ||
| Q1 25 | $22.9B | $194.3B | ||
| Q4 24 | $22.7B | $190.1B | ||
| Q3 24 | $22.8B | $186.0B | ||
| Q2 24 | $21.8B | $184.7B | ||
| Q1 24 | $21.2B | $179.9B |
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 | $269.0M | $2.5B |
| 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 | — | — |
| 现金转化率经营现金流/净利润 | 1.89× | 1.63× |
| 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LNTNEE
| Q4 25 | $269.0M | $2.5B | ||
| Q3 25 | $408.0M | $4.0B | ||
| Q2 25 | $243.0M | $3.2B | ||
| Q1 25 | $249.0M | $2.8B | ||
| Q4 24 | $254.0M | $2.0B | ||
| Q3 24 | $351.0M | $4.3B | ||
| Q2 24 | $255.0M | $3.9B | ||
| Q1 24 | $307.0M | $3.1B |
自由现金流LNTNEE
| Q4 25 | — | — | ||
| Q3 25 | $-103.0M | — | ||
| Q2 25 | $-179.0M | — | ||
| Q1 25 | $-305.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-59.0M | — | ||
| Q2 24 | $-137.0M | — | ||
| Q1 24 | $-171.0M | — |
自由现金流率LNTNEE
| Q4 25 | — | — | ||
| Q3 25 | -8.5% | — | ||
| Q2 25 | -18.6% | — | ||
| Q1 25 | -27.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -5.5% | — | ||
| Q2 24 | -15.3% | — | ||
| Q1 24 | -16.6% | — |
资本支出强度LNTNEE
| Q4 25 | — | — | ||
| Q3 25 | 42.2% | — | ||
| Q2 25 | 43.9% | — | ||
| Q1 25 | 49.1% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 37.9% | — | ||
| Q2 24 | 43.8% | — | ||
| Q1 24 | 46.4% | — |
现金转化率LNTNEE
| Q4 25 | 1.89× | 1.63× | ||
| Q3 25 | 1.45× | 1.65× | ||
| Q2 25 | 1.40× | 1.57× | ||
| Q1 25 | 1.17× | 3.32× | ||
| Q4 24 | 1.69× | 1.65× | ||
| Q3 24 | 1.19× | 2.31× | ||
| Q2 24 | 2.93× | 2.42× | ||
| Q1 24 | 1.94× | 1.36× |
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
LNT
| Retail Residential | $313.0M | 29% |
| Retail Industrial | $251.0M | 24% |
| Retail Commercial | $226.0M | 21% |
| Gas | $158.0M | 15% |
| Other Customer | $43.0M | 4% |
| Wholesale | $36.0M | 3% |
| Other Utility | $15.0M | 1% |
| Steam | $9.0M | 1% |
NEE
| Florida Power Light Company | $4.3B | 71% |
| Other | $1.7B | 29% |
