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NiSource（NI）与Roper Technologies（ROP）财务数据对比。点击上方公司名可切换其他公司
Roper Technologies的季度营收约是NiSource的1.1倍（$2.1B vs $1.9B），Roper Technologies净利率更高（15.8% vs 13.7%，领先2.1%），NiSource同比增速更快（22.5% vs 11.3%），Roper Technologies自由现金流更多（$507.0M vs $-133.7M），过去两年Roper Technologies的营收复合增速更高（10.5% vs 7.2%）
NiSource是美国规模最大的受全面监管公用事业企业之一，总部位于印第安纳州梅里尔维尔，员工规模超8000人。公司旗下拥有Columbia Gas、NIPSCO两大本土品牌，业务覆盖美国六个州，为约350万天然气用户、50万电力用户提供服务，2018年时是印第安纳州唯一的本土公用事业企业。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
NI vs ROP — 直观对比
营收规模更大
ROP
是对方的1.1倍
$1.9B
营收增速更快
NI
高出11.2%
11.3%
净利率更高
ROP
高出2.1%
13.7%
自由现金流更多
ROP
多$640.7M
$-133.7M
两年增速更快
ROP
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.1B |
| 净利润 | $257.8M | $331.0M |
| 毛利率 | — | 69.4% |
| 营业利润率 | 27.3% | 27.2% |
| 净利率 | 13.7% | 15.8% |
| 营收同比 | 22.5% | 11.3% |
| 净利润同比 | 15.1% | 53.7% |
| 每股收益（稀释后） | $0.53 | $4.87 |
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NIROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.2B | $1.9B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $1.5B | $1.9B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $1.1B | $1.7B |
净利润NIROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $257.8M | $428.4M | ||
| Q3 25 | $94.7M | $398.5M | ||
| Q2 25 | $102.2M | $378.3M | ||
| Q1 25 | $474.8M | $331.1M | ||
| Q4 24 | $223.9M | $462.3M | ||
| Q3 24 | $85.7M | $367.9M | ||
| Q2 24 | $85.8M | $337.1M |
毛利率NIROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 69.2% | ||
| Q2 24 | — | 69.5% |
营业利润率NIROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 27.3% | 28.6% | ||
| Q3 25 | 24.0% | 28.4% | ||
| Q2 25 | 21.1% | 28.2% | ||
| Q1 25 | 35.3% | 27.9% | ||
| Q4 24 | 27.1% | 28.0% | ||
| Q3 24 | 20.9% | 28.1% | ||
| Q2 24 | 22.5% | 28.8% |
净利率NIROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 13.7% | 20.8% | ||
| Q3 25 | 7.6% | 19.8% | ||
| Q2 25 | 8.2% | 19.5% | ||
| Q1 25 | 22.1% | 17.6% | ||
| Q4 24 | 14.5% | 24.6% | ||
| Q3 24 | 8.2% | 20.8% | ||
| Q2 24 | 8.1% | 19.6% |
每股收益（稀释后）NIROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $0.53 | $3.97 | ||
| Q3 25 | $0.20 | $3.68 | ||
| Q2 25 | $0.22 | $3.49 | ||
| Q1 25 | $1.00 | $3.06 | ||
| Q4 24 | $0.47 | $4.29 | ||
| Q3 24 | $0.19 | $3.40 | ||
| Q2 24 | $0.19 | $3.12 |
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 | $110.1M | $382.9M |
| 总债务越低越好 | $15.5B | $9.7B |
| 股东权益账面价值 | $9.5B | $18.8B |
| 总资产 | $35.9B | $34.6B |
| 负债/权益比越低杠杆越低 | 1.64× | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资NIROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | $110.1M | $297.4M | ||
| Q3 25 | $95.0M | $320.0M | ||
| Q2 25 | $335.4M | $242.4M | ||
| Q1 25 | $259.4M | $372.8M | ||
| Q4 24 | $156.6M | $188.2M | ||
| Q3 24 | $126.2M | $269.6M | ||
| Q2 24 | $101.2M | $251.5M |
总债务NIROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | $15.5B | $9.3B | ||
| Q3 25 | $14.5B | — | ||
| Q2 25 | $14.5B | — | ||
| Q1 25 | $12.8B | — | ||
| Q4 24 | $12.1B | $7.6B | ||
| Q3 24 | $12.1B | — | ||
| Q2 24 | $12.8B | — |
股东权益NIROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $9.5B | $19.9B | ||
| Q3 25 | $9.1B | $20.0B | ||
| Q2 25 | $8.9B | $19.6B | ||
| Q1 25 | $8.9B | $19.2B | ||
| Q4 24 | $8.7B | $18.9B | ||
| Q3 24 | $8.3B | $18.5B | ||
| Q2 24 | $7.9B | $18.1B |
总资产NIROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $35.9B | $34.6B | ||
| Q3 25 | $34.4B | $34.6B | ||
| Q2 25 | $34.0B | $33.2B | ||
| Q1 25 | $33.1B | $31.4B | ||
| Q4 24 | $31.8B | $31.3B | ||
| Q3 24 | $30.8B | $31.6B | ||
| Q2 24 | $29.9B | $29.8B |
负债/权益比NIROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | 1.64× | 0.47× | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.63× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.39× | 0.40× | ||
| Q3 24 | 1.45× | — | ||
| Q2 24 | 1.63× | — |
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 | $712.6M | — |
| 自由现金流经营现金流 - 资本支出 | $-133.7M | $507.0M |
| 自由现金流率自由现金流/营收 | -7.1% | 24.2% |
| 资本支出强度资本支出/营收 | 44.9% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.76× | — |
| 过去12个月自由现金流最近4个季度 | $-420.0M | — |
8季度趋势，按日历期对齐
经营现金流NIROP
| Q1 26 | — | — | ||
| Q4 25 | $712.6M | $738.0M | ||
| Q3 25 | $467.9M | $869.5M | ||
| Q2 25 | $495.4M | $404.1M | ||
| Q1 25 | $686.4M | $528.7M | ||
| Q4 24 | $539.8M | $722.2M | ||
| Q3 24 | $340.0M | $755.4M | ||
| Q2 24 | $445.5M | $384.1M |
自由现金流NIROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | $-133.7M | — | ||
| Q3 25 | $-172.6M | — | ||
| Q2 25 | $-162.8M | — | ||
| Q1 25 | $49.1M | — | ||
| Q4 24 | $-220.2M | — | ||
| Q3 24 | $-294.7M | — | ||
| Q2 24 | $-184.3M | — |
自由现金流率NIROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | -7.1% | — | ||
| Q3 25 | -13.9% | — | ||
| Q2 25 | -13.1% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | -14.3% | — | ||
| Q3 24 | -28.2% | — | ||
| Q2 24 | -17.5% | — |
资本支出强度NIROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | 44.9% | — | ||
| Q3 25 | 51.6% | — | ||
| Q2 25 | 52.8% | — | ||
| Q1 25 | 29.6% | — | ||
| Q4 24 | 49.4% | — | ||
| Q3 24 | 60.7% | — | ||
| Q2 24 | 59.7% | — |
现金转化率NIROP
| Q1 26 | — | — | ||
| Q4 25 | 2.76× | 1.72× | ||
| Q3 25 | 4.94× | 2.18× | ||
| Q2 25 | 4.85× | 1.07× | ||
| Q1 25 | 1.45× | 1.60× | ||
| Q4 24 | 2.41× | 1.56× | ||
| Q3 24 | 3.97× | 2.05× | ||
| Q2 24 | 5.19× | 1.14× |
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
NI
| Residential | $703.6M | 37% |
| Ni Source Electric Generation And Power Delivery | $525.6M | 28% |
| NIPSCO Gas Distribution | $348.1M | 18% |
| Commercial | $235.9M | 13% |
| Industrial | $45.9M | 2% |
| Offsystem | $16.9M | 1% |
| Misc. | $9.6M | 1% |
| Related Party | $3.3M | 0% |
ROP
暂无分部数据
