vs
Alliant Energy（LNT）与OPAL Fuels Inc.（OPAL）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OPAL Fuels Inc.的12.0倍（$1.1B vs $88.4M）。OPAL Fuels Inc.净利率更高（18.3% vs 13.4%，领先4.9%）。OPAL Fuels Inc.同比增速更快（18.7% vs 9.0%）。过去两年OPAL Fuels Inc.的营收复合增速更高（17.6% 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。
OPAL Fuels Inc.是一家北美能源企业，专注于生产和分销低碳可再生天然气（RNG）。公司从垃圾填埋场、奶牛场等有机废物流中收集甲烷，产出的可再生天然气主要供应给重型运输车队、商业物流运营商及公共交通实体，助力降低碳排放。
LNT vs OPAL — 直观对比
营收规模更大
LNT
是对方的12.0倍
$88.4M
营收增速更快
OPAL
高出9.7%
9.0%
净利率更高
OPAL
高出4.9%
13.4%
两年增速更快
OPAL
近两年复合增速
1.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $88.4M |
| 净利润 | $142.0M | $16.2M |
| 毛利率 | 85.9% | — |
| 营业利润率 | 18.4% | 7.5% |
| 净利率 | 13.4% | 18.3% |
| 营收同比 | 9.0% | 18.7% |
| 净利润同比 | -5.3% | 401.5% |
| 每股收益（稀释后） | $0.54 | $0.08 |
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LNTOPAL
| Q4 25 | $1.1B | $88.4M | ||
| Q3 25 | $1.2B | $77.9M | ||
| Q2 25 | $961.0M | $77.4M | ||
| Q1 25 | $1.1B | $83.0M | ||
| Q4 24 | $975.0M | $74.5M | ||
| Q3 24 | $1.1B | $82.6M | ||
| Q2 24 | $894.0M | $69.8M | ||
| Q1 24 | $1.0B | $64.0M |
净利润LNTOPAL
| Q4 25 | $142.0M | $16.2M | ||
| Q3 25 | $281.0M | $11.4M | ||
| Q2 25 | $174.0M | $7.6M | ||
| Q1 25 | $213.0M | $1.3M | ||
| Q4 24 | $150.0M | $-5.4M | ||
| Q3 24 | $295.0M | $17.1M | ||
| Q2 24 | $87.0M | $1.9M | ||
| Q1 24 | $158.0M | $677.0K |
毛利率LNTOPAL
| 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LNTOPAL
| Q4 25 | 18.4% | 7.5% | ||
| Q3 25 | 28.8% | 4.6% | ||
| Q2 25 | 23.2% | -1.1% | ||
| Q1 25 | 22.8% | -2.3% | ||
| Q4 24 | 22.7% | -0.5% | ||
| Q3 24 | 29.0% | 14.9% | ||
| Q2 24 | 14.5% | 8.1% | ||
| Q1 24 | 21.5% | 5.6% |
净利率LNTOPAL
| Q4 25 | 13.4% | 18.3% | ||
| Q3 25 | 23.2% | 14.6% | ||
| Q2 25 | 18.1% | 9.8% | ||
| Q1 25 | 18.9% | 1.5% | ||
| Q4 24 | 15.4% | -7.2% | ||
| Q3 24 | 27.3% | 20.7% | ||
| Q2 24 | 9.7% | 2.7% | ||
| Q1 24 | 15.3% | 1.1% |
每股收益（稀释后）LNTOPAL
| Q4 25 | $0.54 | $0.08 | ||
| Q3 25 | $1.09 | $0.05 | ||
| Q2 25 | $0.68 | $0.03 | ||
| Q1 25 | $0.83 | $-0.01 | ||
| Q4 24 | $0.58 | $-0.05 | ||
| Q3 24 | $1.15 | $0.09 | ||
| Q2 24 | $0.34 | $-0.01 | ||
| Q1 24 | $0.62 | $-0.01 |
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 | $24.4M |
| 总债务越低越好 | — | $361.3M |
| 股东权益账面价值 | $7.3B | $-12.9M |
| 总资产 | $25.0B | $959.5M |
| 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LNTOPAL
| Q4 25 | $556.0M | $24.4M | ||
| Q3 25 | $753.0M | $29.9M | ||
| Q2 25 | $329.0M | $29.3M | ||
| Q1 25 | $25.0M | $40.1M | ||
| Q4 24 | $81.0M | $24.3M | ||
| Q3 24 | $827.0M | $31.0M | ||
| Q2 24 | $92.0M | $27.6M | ||
| Q1 24 | $32.0M | $34.2M |
总债务LNTOPAL
| Q4 25 | — | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M | ||
| Q1 24 | — | $208.7M |
股东权益LNTOPAL
| Q4 25 | $7.3B | $-12.9M | ||
| Q3 25 | $7.3B | $7.5M | ||
| Q2 25 | $7.1B | $-25.0M | ||
| Q1 25 | $7.1B | $57.1M | ||
| Q4 24 | $7.0B | $-148.4M | ||
| Q3 24 | $7.0B | $-180.1M | ||
| Q2 24 | $6.8B | $-273.0M | ||
| Q1 24 | $6.8B | $-382.4M |
总资产LNTOPAL
| Q4 25 | $25.0B | $959.5M | ||
| Q3 25 | $24.6B | $916.7M | ||
| Q2 25 | $23.8B | $905.5M | ||
| Q1 25 | $22.9B | $884.9M | ||
| Q4 24 | $22.7B | $881.1M | ||
| Q3 24 | $22.8B | $831.1M | ||
| Q2 24 | $21.8B | $782.3M | ||
| Q1 24 | $21.2B | $750.5M |
负债/权益比LNTOPAL
| Q4 25 | — | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| Q4 24 | — | — | ||
| 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 | $-3.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-13.4M |
| 自由现金流率自由现金流/营收 | — | -15.1% |
| 资本支出强度资本支出/营收 | — | 11.1% |
| 现金转化率经营现金流/净利润 | 1.89× | -0.22× |
| 过去12个月自由现金流最近4个季度 | — | $-34.2M |
8季度趋势，按日历期对齐
经营现金流LNTOPAL
| Q4 25 | $269.0M | $-3.5M | ||
| Q3 25 | $408.0M | $18.2M | ||
| Q2 25 | $243.0M | $-7.9M | ||
| Q1 25 | $249.0M | $29.7M | ||
| Q4 24 | $254.0M | $-532.0K | ||
| Q3 24 | $351.0M | $17.7M | ||
| Q2 24 | $255.0M | $533.0K | ||
| Q1 24 | $307.0M | $13.7M |
自由现金流LNTOPAL
| Q4 25 | — | $-13.4M | ||
| Q3 25 | $-103.0M | $-9.3M | ||
| Q2 25 | $-179.0M | $-29.7M | ||
| Q1 25 | $-305.0M | $18.1M | ||
| Q4 24 | — | $-55.0M | ||
| Q3 24 | $-59.0M | $-5.4M | ||
| Q2 24 | $-137.0M | $-22.5M | ||
| Q1 24 | $-171.0M | $-13.0M |
自由现金流率LNTOPAL
| Q4 25 | — | -15.1% | ||
| Q3 25 | -8.5% | -11.9% | ||
| Q2 25 | -18.6% | -38.4% | ||
| Q1 25 | -27.0% | 21.8% | ||
| Q4 24 | — | -73.8% | ||
| Q3 24 | -5.5% | -6.5% | ||
| Q2 24 | -15.3% | -32.2% | ||
| Q1 24 | -16.6% | -20.4% |
资本支出强度LNTOPAL
| Q4 25 | — | 11.1% | ||
| Q3 25 | 42.2% | 35.3% | ||
| Q2 25 | 43.9% | 28.2% | ||
| Q1 25 | 49.1% | 13.9% | ||
| Q4 24 | — | 73.1% | ||
| Q3 24 | 37.9% | 27.9% | ||
| Q2 24 | 43.8% | 32.9% | ||
| Q1 24 | 46.4% | 41.8% |
现金转化率LNTOPAL
| Q4 25 | 1.89× | -0.22× | ||
| Q3 25 | 1.45× | 1.60× | ||
| Q2 25 | 1.40× | -1.04× | ||
| Q1 25 | 1.17× | 23.11× | ||
| Q4 24 | 1.69× | — | ||
| Q3 24 | 1.19× | 1.03× | ||
| Q2 24 | 2.93× | 0.28× | ||
| Q1 24 | 1.94× | 20.26× |
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% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
