vs
Alliant Energy（LNT）与Southwest Gas Holdings, Inc.（SWX）财务数据对比。点击上方公司名可切换其他公司
Alliant Energy净利率更高（13.4% vs -8.6%，领先22.0%）。Alliant Energy同比增速更快（9.0% vs -162.5%）。过去两年Southwest Gas Holdings, Inc.的营收复合增速更高（NaN% vs NaN%）
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。
西南燃气控股是一家投资者所有的公用事业企业，总部位于美国内华达州拉斯维加斯，主要开展燃气供应等相关公用事业服务，运营体系成熟稳定，在其服务覆盖区域拥有良好的市场口碑与客户基础。
LNT vs SWX — 直观对比
营收规模更大
LNT
是对方的-1.3倍
$-793.4M
营收增速更快
LNT
高出171.5%
-162.5%
净利率更高
LNT
高出22.0%
-8.6%
两年增速更快
SWX
近两年复合增速
1.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $-793.4M |
| 净利润 | $142.0M | $68.4M |
| 毛利率 | 85.9% | — |
| 营业利润率 | 18.4% | — |
| 净利率 | 13.4% | -8.6% |
| 营收同比 | 9.0% | -162.5% |
| 净利润同比 | -5.3% | -26.1% |
| 每股收益（稀释后） | $0.54 | $0.94 |
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LNTSWX
| Q4 25 | $1.1B | $-793.4M | ||
| Q3 25 | $1.2B | $316.9M | ||
| Q2 25 | $961.0M | $1.1B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $975.0M | $1.3B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $894.0M | $1.2B | ||
| Q1 24 | $1.0B | $1.6B |
净利润LNTSWX
| Q4 25 | $142.0M | $68.4M | ||
| Q3 25 | $281.0M | $270.5M | ||
| Q2 25 | $174.0M | $-12.9M | ||
| Q1 25 | $213.0M | $113.9M | ||
| Q4 24 | $150.0M | $92.5M | ||
| Q3 24 | $295.0M | $289.0K | ||
| Q2 24 | $87.0M | $18.3M | ||
| Q1 24 | $158.0M | $87.7M |
毛利率LNTSWX
| Q4 25 | 85.9% | — | ||
| Q3 25 | 86.3% | — | ||
| Q2 25 | 84.3% | 41.3% | ||
| Q1 25 | 86.0% | 59.2% | ||
| Q4 24 | 84.7% | 48.8% | ||
| Q3 24 | 84.7% | 40.2% | ||
| Q2 24 | 83.6% | 48.9% | ||
| Q1 24 | 85.3% | 67.4% |
营业利润率LNTSWX
| Q4 25 | 18.4% | — | ||
| Q3 25 | 28.8% | 11.7% | ||
| Q2 25 | 23.2% | 8.5% | ||
| Q1 25 | 22.8% | 15.5% | ||
| Q4 24 | 22.7% | 14.2% | ||
| Q3 24 | 29.0% | 5.7% | ||
| Q2 24 | 14.5% | 7.0% | ||
| Q1 24 | 21.5% | 10.0% |
净利率LNTSWX
| Q4 25 | 13.4% | -8.6% | ||
| Q3 25 | 23.2% | 85.3% | ||
| Q2 25 | 18.1% | -1.1% | ||
| Q1 25 | 18.9% | 8.8% | ||
| Q4 24 | 15.4% | 7.3% | ||
| Q3 24 | 27.3% | 0.0% | ||
| Q2 24 | 9.7% | 1.6% | ||
| Q1 24 | 15.3% | 5.5% |
每股收益（稀释后）LNTSWX
| Q4 25 | $0.54 | $0.94 | ||
| Q3 25 | $1.09 | $3.74 | ||
| Q2 25 | $0.68 | $-0.18 | ||
| Q1 25 | $0.83 | $1.58 | ||
| Q4 24 | $0.58 | $1.29 | ||
| Q3 24 | $1.15 | $0.00 | ||
| Q2 24 | $0.34 | $0.25 | ||
| Q1 24 | $0.62 | $1.22 |
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 | $576.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $7.3B | $4.0B |
| 总资产 | $25.0B | $10.4B |
| 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LNTSWX
| Q4 25 | $556.0M | $576.6M | ||
| Q3 25 | $753.0M | $778.6M | ||
| Q2 25 | $329.0M | $355.6M | ||
| Q1 25 | $25.0M | $406.3M | ||
| Q4 24 | $81.0M | $363.8M | ||
| Q3 24 | $827.0M | $456.6M | ||
| Q2 24 | $92.0M | $599.6M | ||
| Q1 24 | $32.0M | $458.0M |
股东权益LNTSWX
| Q4 25 | $7.3B | $4.0B | ||
| Q3 25 | $7.3B | $3.9B | ||
| Q2 25 | $7.1B | $3.7B | ||
| Q1 25 | $7.1B | $3.6B | ||
| Q4 24 | $7.0B | $3.5B | ||
| Q3 24 | $7.0B | $3.5B | ||
| Q2 24 | $6.8B | $3.5B | ||
| Q1 24 | $6.8B | $3.4B |
总资产LNTSWX
| Q4 25 | $25.0B | $10.4B | ||
| Q3 25 | $24.6B | $10.3B | ||
| Q2 25 | $23.8B | $12.2B | ||
| Q1 25 | $22.9B | $12.1B | ||
| Q4 24 | $22.7B | $12.0B | ||
| Q3 24 | $22.8B | $11.9B | ||
| Q2 24 | $21.8B | $12.0B | ||
| Q1 24 | $21.2B | $11.9B |
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 | $81.6M |
| 自由现金流经营现金流 - 资本支出 | — | $-155.9M |
| 自由现金流率自由现金流/营收 | — | 19.7% |
| 资本支出强度资本支出/营收 | — | -29.9% |
| 现金转化率经营现金流/净利润 | 1.89× | 1.19× |
| 过去12个月自由现金流最近4个季度 | — | $-251.8M |
8季度趋势，按日历期对齐
经营现金流LNTSWX
| Q4 25 | $269.0M | $81.6M | ||
| Q3 25 | $408.0M | $56.9M | ||
| Q2 25 | $243.0M | $126.3M | ||
| Q1 25 | $249.0M | $291.3M | ||
| Q4 24 | $254.0M | $201.4M | ||
| Q3 24 | $351.0M | $304.1M | ||
| Q2 24 | $255.0M | $306.6M | ||
| Q1 24 | $307.0M | $543.7M |
自由现金流LNTSWX
| Q4 25 | — | $-155.9M | ||
| Q3 25 | $-103.0M | $-105.8M | ||
| Q2 25 | $-179.0M | $-93.8M | ||
| Q1 25 | $-305.0M | $103.8M | ||
| Q4 24 | — | $-34.7M | ||
| Q3 24 | $-59.0M | $38.7M | ||
| Q2 24 | $-137.0M | $83.3M | ||
| Q1 24 | $-171.0M | $322.5M |
自由现金流率LNTSWX
| Q4 25 | — | 19.7% | ||
| Q3 25 | -8.5% | -33.4% | ||
| Q2 25 | -18.6% | -8.4% | ||
| Q1 25 | -27.0% | 8.0% | ||
| Q4 24 | — | -2.7% | ||
| Q3 24 | -5.5% | 3.6% | ||
| Q2 24 | -15.3% | 7.0% | ||
| Q1 24 | -16.6% | 20.4% |
资本支出强度LNTSWX
| Q4 25 | — | -29.9% | ||
| Q3 25 | 42.2% | 51.3% | ||
| Q2 25 | 43.9% | 19.6% | ||
| Q1 25 | 49.1% | 14.5% | ||
| Q4 24 | — | 18.6% | ||
| Q3 24 | 37.9% | 24.6% | ||
| Q2 24 | 43.8% | 18.9% | ||
| Q1 24 | 46.4% | 14.0% |
现金转化率LNTSWX
| Q4 25 | 1.89× | 1.19× | ||
| Q3 25 | 1.45× | 0.21× | ||
| Q2 25 | 1.40× | — | ||
| Q1 25 | 1.17× | 2.56× | ||
| Q4 24 | 1.69× | 2.18× | ||
| Q3 24 | 1.19× | 1052.08× | ||
| Q2 24 | 2.93× | 16.72× | ||
| Q1 24 | 1.94× | 6.20× |
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% |
SWX
暂无分部数据
