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摩根士丹利（MS）与PG&E Corporation（PCG）财务数据对比。点击上方公司名可切换其他公司
摩根士丹利的季度营收约是PG&E Corporation的1.6倍（$10.7B vs $6.9B），摩根士丹利净利率更高（52.6% vs 12.9%，领先39.7%），摩根士丹利同比增速更快（16.0% vs 15.0%），过去两年PG&E Corporation的营收复合增速更高（7.2% vs -15.8%）
摩根士丹利是总部位于美国纽约曼哈顿中城百老汇1585号的跨国投资银行及金融服务提供商，在全球42个国家设有办事处，员工超8万名，服务客户涵盖企业、政府、机构及个人。2023年该公司位列美国财富500强第61位，同年位居福布斯全球2000强第30位。
PG&E Corporation是美国由投资者持有运营的公用事业企业，总部坐落于加利福尼亚州奥克兰市凯撒中心，为加州北部三分之二区域的520万户家庭提供天然气与电力供应服务，服务范围涵盖贝克斯菲尔德、圣巴巴拉县北部，几乎延伸至俄勒冈州与内华达州的州界。
MS vs PCG — 直观对比
营收规模更大
MS
是对方的1.6倍
$6.9B
营收增速更快
MS
高出1.0%
15.0%
净利率更高
MS
高出39.7%
12.9%
两年增速更快
PCG
近两年复合增速
-15.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.7B | $6.9B |
| 净利润 | $5.6B | $885.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 21.4% |
| 净利率 | 52.6% | 12.9% |
| 营收同比 | 16.0% | 15.0% |
| 净利润同比 | — | 39.6% |
| 每股收益（稀释后） | — | $0.39 |
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MSPCG
| Q1 26 | $10.7B | $6.9B | ||
| Q4 25 | $17.9B | $6.8B | ||
| Q3 25 | $18.2B | $6.3B | ||
| Q2 25 | $16.8B | $5.9B | ||
| Q1 25 | $17.7B | $6.0B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | $15.4B | $5.9B | ||
| Q2 24 | $15.0B | $6.0B |
净利润MSPCG
| Q1 26 | $5.6B | $885.0M | ||
| Q4 25 | $4.4B | $670.0M | ||
| Q3 25 | $4.6B | $850.0M | ||
| Q2 25 | $3.5B | $549.0M | ||
| Q1 25 | $4.3B | $634.0M | ||
| Q4 24 | — | $674.0M | ||
| Q3 24 | $3.2B | $579.0M | ||
| Q2 24 | $3.1B | $524.0M |
营业利润率MSPCG
| Q1 26 | — | 21.4% | ||
| Q4 25 | 32.2% | 18.0% | ||
| Q3 25 | 33.1% | 19.3% | ||
| Q2 25 | 27.5% | 18.6% | ||
| Q1 25 | 31.3% | 20.4% | ||
| Q4 24 | — | 15.4% | ||
| Q3 24 | 27.4% | 17.3% | ||
| Q2 24 | 27.1% | 18.9% |
净利率MSPCG
| Q1 26 | 52.6% | 12.9% | ||
| Q4 25 | 24.6% | 9.8% | ||
| Q3 25 | 25.3% | 13.6% | ||
| Q2 25 | 21.1% | 9.3% | ||
| Q1 25 | 24.3% | 10.6% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | 20.7% | 9.7% | ||
| Q2 24 | 20.5% | 8.8% |
每股收益（稀释后）MSPCG
| Q1 26 | — | $0.39 | ||
| Q4 25 | $2.68 | $0.29 | ||
| Q3 25 | $2.80 | $0.37 | ||
| Q2 25 | $2.13 | $0.24 | ||
| Q1 25 | $2.60 | $0.28 | ||
| Q4 24 | — | $0.30 | ||
| Q3 24 | $1.88 | $0.27 | ||
| Q2 24 | $1.82 | $0.24 |
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 | — | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $5.1M | — |
| 总资产 | $1581.4B | — |
| 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MSPCG
| Q1 26 | — | — | ||
| Q4 25 | $111.7B | $713.0M | ||
| Q3 25 | $103.7B | $404.0M | ||
| Q2 25 | $109.1B | $494.0M | ||
| Q1 25 | $90.7B | $2.0B | ||
| Q4 24 | — | $940.0M | ||
| Q3 24 | $91.1B | $895.0M | ||
| Q2 24 | $90.2B | $1.3B |
总债务MSPCG
| Q1 26 | — | — | ||
| Q4 25 | $341.7B | $57.4B | ||
| Q3 25 | $324.1B | — | ||
| Q2 25 | $320.1B | — | ||
| Q1 25 | $297.0B | — | ||
| Q4 24 | — | $53.6B | ||
| Q3 24 | $291.2B | — | ||
| Q2 24 | $269.9B | — |
股东权益MSPCG
| Q1 26 | $5.1M | — | ||
| Q4 25 | $111.6B | $32.5B | ||
| Q3 25 | $110.0B | $32.0B | ||
| Q2 25 | $108.2B | $31.2B | ||
| Q1 25 | $106.8B | $30.7B | ||
| Q4 24 | — | $30.1B | ||
| Q3 24 | $103.6B | $26.8B | ||
| Q2 24 | $100.7B | $26.3B |
总资产MSPCG
| Q1 26 | $1581.4B | — | ||
| Q4 25 | $1420.3B | $141.6B | ||
| Q3 25 | $1364.8B | $138.2B | ||
| Q2 25 | $1353.9B | $136.4B | ||
| Q1 25 | $1300.3B | $135.4B | ||
| Q4 24 | — | $133.7B | ||
| Q3 24 | $1258.0B | $132.3B | ||
| Q2 24 | $1212.4B | $130.8B |
负债/权益比MSPCG
| Q1 26 | — | — | ||
| Q4 25 | 3.06× | 1.76× | ||
| Q3 25 | 2.95× | — | ||
| Q2 25 | 2.96× | — | ||
| Q1 25 | 2.78× | — | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | 2.81× | — | ||
| Q2 24 | 2.68× | — |
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
MS
暂无分部数据
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
