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Alliant Energy（LNT）与NorthWestern Energy Group, Inc.（NWE）财务数据对比。点击上方公司名可切换其他公司
Alliant Energy的季度营收约是NorthWestern Energy Group, Inc.的2.6倍（$1.1B vs $414.3M）。Alliant Energy净利率更高（13.4% vs 10.8%，领先2.6%）。NorthWestern Energy Group, Inc.同比增速更快（10.9% vs 9.0%）。过去两年Alliant Energy的营收复合增速更高（1.5% vs -6.6%）
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。
西北能源集团（NorthWestern Energy Group, Inc.）是一家总部位于苏福尔斯的公用事业企业，业务覆盖南达科他州、内布拉斯加州和蒙大拿州。截至2019年，公司服务客户约71.8万户，集团总部设在苏福尔斯，南达科他州的运营总部则位于该州休伦市。
LNT vs NWE — 直观对比
营收规模更大
LNT
是对方的2.6倍
$414.3M
营收增速更快
NWE
高出1.9%
9.0%
净利率更高
LNT
高出2.6%
10.8%
两年增速更快
LNT
近两年复合增速
-6.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $414.3M |
| 净利润 | $142.0M | $44.7M |
| 毛利率 | 85.9% | — |
| 营业利润率 | 18.4% | 14.5% |
| 净利率 | 13.4% | 10.8% |
| 营收同比 | 9.0% | 10.9% |
| 净利润同比 | -5.3% | -44.5% |
| 每股收益（稀释后） | $0.54 | $0.72 |
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LNTNWE
| Q4 25 | $1.1B | $414.3M | ||
| Q3 25 | $1.2B | $387.0M | ||
| Q2 25 | $961.0M | $342.7M | ||
| Q1 25 | $1.1B | $466.6M | ||
| Q4 24 | $975.0M | $373.5M | ||
| Q3 24 | $1.1B | $345.2M | ||
| Q2 24 | $894.0M | $319.9M | ||
| Q1 24 | $1.0B | $475.3M |
净利润LNTNWE
| Q4 25 | $142.0M | $44.7M | ||
| Q3 25 | $281.0M | $38.2M | ||
| Q2 25 | $174.0M | $21.2M | ||
| Q1 25 | $213.0M | $76.9M | ||
| Q4 24 | $150.0M | $80.6M | ||
| Q3 24 | $295.0M | $46.8M | ||
| Q2 24 | $87.0M | $31.7M | ||
| Q1 24 | $158.0M | $65.1M |
毛利率LNTNWE
| 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LNTNWE
| Q4 25 | 18.4% | 14.5% | ||
| Q3 25 | 28.8% | 20.7% | ||
| Q2 25 | 23.2% | 17.7% | ||
| Q1 25 | 22.8% | 26.7% | ||
| Q4 24 | 22.7% | 24.6% | ||
| Q3 24 | 29.0% | 19.7% | ||
| Q2 24 | 14.5% | 19.3% | ||
| Q1 24 | 21.5% | 21.5% |
净利率LNTNWE
| Q4 25 | 13.4% | 10.8% | ||
| Q3 25 | 23.2% | 9.9% | ||
| Q2 25 | 18.1% | 6.2% | ||
| Q1 25 | 18.9% | 16.5% | ||
| Q4 24 | 15.4% | 21.6% | ||
| Q3 24 | 27.3% | 13.6% | ||
| Q2 24 | 9.7% | 9.9% | ||
| Q1 24 | 15.3% | 13.7% |
每股收益（稀释后）LNTNWE
| Q4 25 | $0.54 | $0.72 | ||
| Q3 25 | $1.09 | $0.62 | ||
| Q2 25 | $0.68 | $0.35 | ||
| Q1 25 | $0.83 | $1.25 | ||
| Q4 24 | $0.58 | $1.31 | ||
| Q3 24 | $1.15 | $0.76 | ||
| Q2 24 | $0.34 | $0.52 | ||
| Q1 24 | $0.62 | $1.06 |
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 | $8.8M |
| 总债务越低越好 | — | $3.3B |
| 股东权益账面价值 | $7.3B | $2.9B |
| 总资产 | $25.0B | $8.5B |
| 负债/权益比越低杠杆越低 | — | 1.14× |
8季度趋势，按日历期对齐
现金及短期投资LNTNWE
| Q4 25 | $556.0M | $8.8M | ||
| Q3 25 | $753.0M | $6.2M | ||
| Q2 25 | $329.0M | $2.9M | ||
| Q1 25 | $25.0M | $56.0M | ||
| Q4 24 | $81.0M | $4.3M | ||
| Q3 24 | $827.0M | $2.5M | ||
| Q2 24 | $92.0M | $6.4M | ||
| Q1 24 | $32.0M | $4.2M |
总债务LNTNWE
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LNTNWE
| Q4 25 | $7.3B | $2.9B | ||
| Q3 25 | $7.3B | $2.9B | ||
| Q2 25 | $7.1B | $2.9B | ||
| Q1 25 | $7.1B | $2.9B | ||
| Q4 24 | $7.0B | $2.9B | ||
| Q3 24 | $7.0B | $2.8B | ||
| Q2 24 | $6.8B | $2.8B | ||
| Q1 24 | $6.8B | $2.8B |
总资产LNTNWE
| Q4 25 | $25.0B | $8.5B | ||
| Q3 25 | $24.6B | $8.3B | ||
| Q2 25 | $23.8B | $8.1B | ||
| Q1 25 | $22.9B | $8.1B | ||
| Q4 24 | $22.7B | $8.0B | ||
| Q3 24 | $22.8B | $7.9B | ||
| Q2 24 | $21.8B | $7.7B | ||
| Q1 24 | $21.2B | $7.6B |
负债/权益比LNTNWE
| Q4 25 | — | 1.14× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.05× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $269.0M | $56.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-93.7M |
| 自由现金流率自由现金流/营收 | — | -22.6% |
| 资本支出强度资本支出/营收 | — | 36.2% |
| 现金转化率经营现金流/净利润 | 1.89× | 1.26× |
| 过去12个月自由现金流最近4个季度 | — | $-130.0M |
8季度趋势，按日历期对齐
经营现金流LNTNWE
| Q4 25 | $269.0M | $56.2M | ||
| Q3 25 | $408.0M | $126.7M | ||
| Q2 25 | $243.0M | $58.2M | ||
| Q1 25 | $249.0M | $153.4M | ||
| Q4 24 | $254.0M | $62.8M | ||
| Q3 24 | $351.0M | $120.0M | ||
| Q2 24 | $255.0M | $62.3M | ||
| Q1 24 | $307.0M | $161.7M |
自由现金流LNTNWE
| Q4 25 | — | $-93.7M | ||
| Q3 25 | $-103.0M | $-26.9M | ||
| Q2 25 | $-179.0M | $-70.6M | ||
| Q1 25 | $-305.0M | $61.3M | ||
| Q4 24 | — | $-85.9M | ||
| Q3 24 | $-59.0M | $-33.2M | ||
| Q2 24 | $-137.0M | $-76.3M | ||
| Q1 24 | $-171.0M | $52.9M |
自由现金流率LNTNWE
| Q4 25 | — | -22.6% | ||
| Q3 25 | -8.5% | -6.9% | ||
| Q2 25 | -18.6% | -20.6% | ||
| Q1 25 | -27.0% | 13.1% | ||
| Q4 24 | — | -23.0% | ||
| Q3 24 | -5.5% | -9.6% | ||
| Q2 24 | -15.3% | -23.9% | ||
| Q1 24 | -16.6% | 11.1% |
资本支出强度LNTNWE
| Q4 25 | — | 36.2% | ||
| Q3 25 | 42.2% | 39.7% | ||
| Q2 25 | 43.9% | 37.6% | ||
| Q1 25 | 49.1% | 19.7% | ||
| Q4 24 | — | 39.8% | ||
| Q3 24 | 37.9% | 44.4% | ||
| Q2 24 | 43.8% | 43.3% | ||
| Q1 24 | 46.4% | 22.9% |
现金转化率LNTNWE
| Q4 25 | 1.89× | 1.26× | ||
| Q3 25 | 1.45× | 3.31× | ||
| Q2 25 | 1.40× | 2.74× | ||
| Q1 25 | 1.17× | 1.99× | ||
| Q4 24 | 1.69× | 0.78× | ||
| Q3 24 | 1.19× | 2.56× | ||
| Q2 24 | 2.93× | 1.97× | ||
| Q1 24 | 1.94× | 2.48× |
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% |
NWE
| Electricity Us Regulated | $315.3M | 76% |
| Other Tariff Based Revenue | $50.5M | 12% |
| Transmission Customers | $28.4M | 7% |
| Industrial Customers | $11.0M | 3% |
| Other Customers | $6.1M | 1% |
