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Alliant Energy（LNT）与Public Service Enterprise Group（PEG）财务数据对比。点击上方公司名可切换其他公司
Public Service Enterprise Group的季度营收约是Alliant Energy的2.7倍（$2.9B vs $1.1B）。Alliant Energy净利率更高（13.4% vs 10.8%，领先2.6%）。Public Service Enterprise Group同比增速更快（18.3% vs 9.0%）。过去两年Public Service Enterprise Group的营收复合增速更高（2.8% 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。
PSEG（Public Service Enterprise Group）是一家公开上市的能源企业，1985年正式成立，发展渊源可追溯至1903年，自创立以来总部始终位于美国新泽西州纽瓦克市，深耕能源领域多年，在北美能源市场拥有稳定的行业地位与市场份额。
LNT vs PEG — 直观对比
营收规模更大
PEG
是对方的2.7倍
$1.1B
营收增速更快
PEG
高出9.2%
9.0%
净利率更高
LNT
高出2.6%
10.8%
两年增速更快
PEG
近两年复合增速
1.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $2.9B |
| 净利润 | $142.0M | $315.0M |
| 毛利率 | 85.9% | — |
| 营业利润率 | 18.4% | 17.5% |
| 净利率 | 13.4% | 10.8% |
| 营收同比 | 9.0% | 18.3% |
| 净利润同比 | -5.3% | 10.1% |
| 每股收益（稀释后） | $0.54 | $0.63 |
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LNTPEG
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.2B | $3.2B | ||
| Q2 25 | $961.0M | $2.8B | ||
| Q1 25 | $1.1B | $3.2B | ||
| Q4 24 | $975.0M | $2.5B | ||
| Q3 24 | $1.1B | $2.6B | ||
| Q2 24 | $894.0M | $2.4B | ||
| Q1 24 | $1.0B | $2.8B |
净利润LNTPEG
| Q4 25 | $142.0M | $315.0M | ||
| Q3 25 | $281.0M | $622.0M | ||
| Q2 25 | $174.0M | $585.0M | ||
| Q1 25 | $213.0M | $589.0M | ||
| Q4 24 | $150.0M | $286.0M | ||
| Q3 24 | $295.0M | $520.0M | ||
| Q2 24 | $87.0M | $434.0M | ||
| Q1 24 | $158.0M | $532.0M |
毛利率LNTPEG
| 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LNTPEG
| Q4 25 | 18.4% | 17.5% | ||
| Q3 25 | 28.8% | 26.5% | ||
| Q2 25 | 23.2% | 29.1% | ||
| Q1 25 | 22.8% | 24.7% | ||
| Q4 24 | 22.7% | 18.1% | ||
| Q3 24 | 29.0% | 24.3% | ||
| Q2 24 | 14.5% | 24.0% | ||
| Q1 24 | 21.5% | 24.8% |
净利率LNTPEG
| Q4 25 | 13.4% | 10.8% | ||
| Q3 25 | 23.2% | 19.3% | ||
| Q2 25 | 18.1% | 20.9% | ||
| Q1 25 | 18.9% | 18.3% | ||
| Q4 24 | 15.4% | 11.6% | ||
| Q3 24 | 27.3% | 19.7% | ||
| Q2 24 | 9.7% | 17.9% | ||
| Q1 24 | 15.3% | 19.3% |
每股收益（稀释后）LNTPEG
| Q4 25 | $0.54 | $0.63 | ||
| Q3 25 | $1.09 | $1.24 | ||
| Q2 25 | $0.68 | $1.17 | ||
| Q1 25 | $0.83 | $1.18 | ||
| Q4 24 | $0.58 | $0.57 | ||
| Q3 24 | $1.15 | $1.04 | ||
| Q2 24 | $0.34 | $0.87 | ||
| 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 | $132.0M |
| 总债务越低越好 | — | $22.5B |
| 股东权益账面价值 | $7.3B | $17.0B |
| 总资产 | $25.0B | $57.6B |
| 负债/权益比越低杠杆越低 | — | 1.33× |
8季度趋势，按日历期对齐
现金及短期投资LNTPEG
| Q4 25 | $556.0M | $132.0M | ||
| Q3 25 | $753.0M | $334.0M | ||
| Q2 25 | $329.0M | $186.0M | ||
| Q1 25 | $25.0M | $894.0M | ||
| Q4 24 | $81.0M | $125.0M | ||
| Q3 24 | $827.0M | $203.0M | ||
| Q2 24 | $92.0M | $113.0M | ||
| Q1 24 | $32.0M | $1.2B |
总债务LNTPEG
| Q4 25 | — | $22.5B | ||
| Q3 25 | — | $22.5B | ||
| Q2 25 | — | $22.6B | ||
| Q1 25 | — | $23.0B | ||
| Q4 24 | — | $21.1B | ||
| Q3 24 | — | $21.4B | ||
| Q2 24 | — | $20.5B | ||
| Q1 24 | — | $21.3B |
股东权益LNTPEG
| Q4 25 | $7.3B | $17.0B | ||
| Q3 25 | $7.3B | $17.0B | ||
| Q2 25 | $7.1B | $16.7B | ||
| Q1 25 | $7.1B | $16.4B | ||
| Q4 24 | $7.0B | $16.1B | ||
| Q3 24 | $7.0B | $16.1B | ||
| Q2 24 | $6.8B | $15.8B | ||
| Q1 24 | $6.8B | $15.7B |
总资产LNTPEG
| Q4 25 | $25.0B | $57.6B | ||
| Q3 25 | $24.6B | $56.9B | ||
| Q2 25 | $23.8B | $56.0B | ||
| Q1 25 | $22.9B | $55.6B | ||
| Q4 24 | $22.7B | $54.6B | ||
| Q3 24 | $22.8B | $54.1B | ||
| Q2 24 | $21.8B | $52.4B | ||
| Q1 24 | $21.2B | $52.4B |
负债/权益比LNTPEG
| Q4 25 | — | 1.33× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | — | 1.36× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.30× | ||
| Q1 24 | — | 1.35× |
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 | $721.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-408.0M |
| 自由现金流率自由现金流/营收 | — | -14.0% |
| 资本支出强度资本支出/营收 | — | 38.7% |
| 现金转化率经营现金流/净利润 | 1.89× | 2.29× |
| 过去12个月自由现金流最近4个季度 | — | $26.0M |
8季度趋势，按日历期对齐
经营现金流LNTPEG
| Q4 25 | $269.0M | $721.0M | ||
| Q3 25 | $408.0M | $1.1B | ||
| Q2 25 | $243.0M | $478.0M | ||
| Q1 25 | $249.0M | $1.0B | ||
| Q4 24 | $254.0M | $367.0M | ||
| Q3 24 | $351.0M | $623.0M | ||
| Q2 24 | $255.0M | $482.0M | ||
| Q1 24 | $307.0M | $661.0M |
自由现金流LNTPEG
| Q4 25 | — | $-408.0M | ||
| Q3 25 | $-103.0M | $322.0M | ||
| Q2 25 | $-179.0M | $-309.0M | ||
| Q1 25 | $-305.0M | $421.0M | ||
| Q4 24 | — | $-611.0M | ||
| Q3 24 | $-59.0M | $-145.0M | ||
| Q2 24 | $-137.0M | $-355.0M | ||
| Q1 24 | $-171.0M | $-136.0M |
自由现金流率LNTPEG
| Q4 25 | — | -14.0% | ||
| Q3 25 | -8.5% | 10.0% | ||
| Q2 25 | -18.6% | -11.0% | ||
| Q1 25 | -27.0% | 13.1% | ||
| Q4 24 | — | -24.8% | ||
| Q3 24 | -5.5% | -5.5% | ||
| Q2 24 | -15.3% | -14.7% | ||
| Q1 24 | -16.6% | -4.9% |
资本支出强度LNTPEG
| Q4 25 | — | 38.7% | ||
| Q3 25 | 42.2% | 22.6% | ||
| Q2 25 | 43.9% | 28.1% | ||
| Q1 25 | 49.1% | 19.5% | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | 37.9% | 29.1% | ||
| Q2 24 | 43.8% | 34.5% | ||
| Q1 24 | 46.4% | 28.9% |
现金转化率LNTPEG
| Q4 25 | 1.89× | 2.29× | ||
| Q3 25 | 1.45× | 1.69× | ||
| Q2 25 | 1.40× | 0.82× | ||
| Q1 25 | 1.17× | 1.78× | ||
| Q4 24 | 1.69× | 1.28× | ||
| Q3 24 | 1.19× | 1.20× | ||
| Q2 24 | 2.93× | 1.11× | ||
| Q1 24 | 1.94× | 1.24× |
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% |
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
