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NiSource（NI）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是NiSource的1.0倍（$1.9B vs $1.9B），NiSource净利率更高（13.7% vs 8.4%，领先5.2%），NiSource同比增速更快（22.5% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $-133.7M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% 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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
NI vs RPM — 直观对比
营收规模更大
RPM
是对方的1.0倍
$1.9B
营收增速更快
NI
高出19.0%
3.5%
净利率更高
NI
高出5.2%
8.4%
自由现金流更多
RPM
多$430.1M
$-133.7M
两年增速更快
RPM
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.9B |
| 净利润 | $257.8M | $161.2M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 27.3% | 11.0% |
| 净利率 | 13.7% | 8.4% |
| 营收同比 | 22.5% | 3.5% |
| 净利润同比 | 15.1% | -12.0% |
| 每股收益（稀释后） | $0.53 | $1.26 |
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NIRPM
| Q4 25 | $1.9B | $1.9B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | $2.1B | $1.5B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.0B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.6B | $1.5B |
净利润NIRPM
| Q4 25 | $257.8M | $161.2M | ||
| Q3 25 | $94.7M | $227.6M | ||
| Q2 25 | $102.2M | $225.8M | ||
| Q1 25 | $474.8M | $52.0M | ||
| Q4 24 | $223.9M | $183.2M | ||
| Q3 24 | $85.7M | $227.7M | ||
| Q2 24 | $85.8M | $180.6M | ||
| Q1 24 | $365.0M | $61.2M |
毛利率NIRPM
| Q4 25 | — | 40.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 42.4% | ||
| Q1 25 | — | 38.4% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 39.9% |
营业利润率NIRPM
| Q4 25 | 27.3% | 11.0% | ||
| Q3 25 | 24.0% | 14.1% | ||
| Q2 25 | 21.1% | 11.9% | ||
| Q1 25 | 35.3% | 2.8% | ||
| Q4 24 | 27.1% | 11.5% | ||
| Q3 24 | 20.9% | 14.8% | ||
| Q2 24 | 22.5% | 11.9% | ||
| Q1 24 | 35.5% | 5.5% |
净利率NIRPM
| Q4 25 | 13.7% | 8.4% | ||
| Q3 25 | 7.6% | 10.8% | ||
| Q2 25 | 8.2% | 10.8% | ||
| Q1 25 | 22.1% | 3.5% | ||
| Q4 24 | 14.5% | 9.9% | ||
| Q3 24 | 8.2% | 11.6% | ||
| Q2 24 | 8.1% | 9.0% | ||
| Q1 24 | 22.2% | 4.0% |
每股收益（稀释后）NIRPM
| Q4 25 | $0.53 | $1.26 | ||
| Q3 25 | $0.20 | $1.77 | ||
| Q2 25 | $0.22 | $1.76 | ||
| Q1 25 | $1.00 | $0.40 | ||
| Q4 24 | $0.47 | $1.42 | ||
| Q3 24 | $0.19 | $1.77 | ||
| Q2 24 | $0.19 | $1.40 | ||
| Q1 24 | $0.77 | $0.47 |
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 | $316.6M |
| 总债务越低越好 | $15.5B | $2.5B |
| 股东权益账面价值 | $9.5B | $3.1B |
| 总资产 | $35.9B | $7.9B |
| 负债/权益比越低杠杆越低 | 1.64× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资NIRPM
| Q4 25 | $110.1M | $316.6M | ||
| Q3 25 | $95.0M | $297.1M | ||
| Q2 25 | $335.4M | $302.1M | ||
| Q1 25 | $259.4M | $241.9M | ||
| Q4 24 | $156.6M | $268.7M | ||
| Q3 24 | $126.2M | $231.6M | ||
| Q2 24 | $101.2M | $237.4M | ||
| Q1 24 | $102.2M | $248.9M |
总债务NIRPM
| Q4 25 | $15.5B | $2.5B | ||
| Q3 25 | $14.5B | $2.7B | ||
| Q2 25 | $14.5B | $2.6B | ||
| Q1 25 | $12.8B | $2.1B | ||
| Q4 24 | $12.1B | $2.0B | ||
| Q3 24 | $12.1B | $2.0B | ||
| Q2 24 | $12.8B | $2.0B | ||
| Q1 24 | $11.7B | $2.2B |
股东权益NIRPM
| Q4 25 | $9.5B | $3.1B | ||
| Q3 25 | $9.1B | $3.1B | ||
| Q2 25 | $8.9B | $2.9B | ||
| Q1 25 | $8.9B | $2.7B | ||
| Q4 24 | $8.7B | $2.7B | ||
| Q3 24 | $8.3B | $2.6B | ||
| Q2 24 | $7.9B | $2.5B | ||
| Q1 24 | $7.9B | $2.3B |
总资产NIRPM
| Q4 25 | $35.9B | $7.9B | ||
| Q3 25 | $34.4B | $7.9B | ||
| Q2 25 | $34.0B | $7.8B | ||
| Q1 25 | $33.1B | $6.6B | ||
| Q4 24 | $31.8B | $6.7B | ||
| Q3 24 | $30.8B | $6.6B | ||
| Q2 24 | $29.9B | $6.6B | ||
| Q1 24 | $29.3B | $6.4B |
负债/权益比NIRPM
| Q4 25 | 1.64× | 0.80× | ||
| Q3 25 | 1.59× | 0.87× | ||
| Q2 25 | 1.63× | 0.91× | ||
| Q1 25 | 1.44× | 0.78× | ||
| Q4 24 | 1.39× | 0.74× | ||
| Q3 24 | 1.45× | 0.77× | ||
| Q2 24 | 1.63× | 0.79× | ||
| Q1 24 | 1.48× | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $-133.7M | $296.4M |
| 自由现金流率自由现金流/营收 | -7.1% | 15.5% |
| 资本支出强度资本支出/营收 | 44.9% | 2.6% |
| 现金转化率经营现金流/净利润 | 2.76× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $-420.0M | $582.9M |
8季度趋势，按日历期对齐
经营现金流NIRPM
| Q4 25 | $712.6M | $345.7M | ||
| Q3 25 | $467.9M | $237.5M | ||
| Q2 25 | $495.4M | $149.2M | ||
| Q1 25 | $686.4M | $91.5M | ||
| Q4 24 | $539.8M | $279.4M | ||
| Q3 24 | $340.0M | $248.1M | ||
| Q2 24 | $445.5M | $181.2M | ||
| Q1 24 | $456.2M | $173.4M |
自由现金流NIRPM
| Q4 25 | $-133.7M | $296.4M | ||
| Q3 25 | $-172.6M | $175.0M | ||
| Q2 25 | $-162.8M | $78.2M | ||
| Q1 25 | $49.1M | $33.3M | ||
| Q4 24 | $-220.2M | $229.5M | ||
| Q3 24 | $-294.7M | $197.3M | ||
| Q2 24 | $-184.3M | $105.3M | ||
| Q1 24 | $-133.3M | $124.6M |
自由现金流率NIRPM
| Q4 25 | -7.1% | 15.5% | ||
| Q3 25 | -13.9% | 8.3% | ||
| Q2 25 | -13.1% | 3.8% | ||
| Q1 25 | 2.3% | 2.3% | ||
| Q4 24 | -14.3% | 12.4% | ||
| Q3 24 | -28.2% | 10.0% | ||
| Q2 24 | -17.5% | 5.2% | ||
| Q1 24 | -8.1% | 8.2% |
资本支出强度NIRPM
| Q4 25 | 44.9% | 2.6% | ||
| Q3 25 | 51.6% | 3.0% | ||
| Q2 25 | 52.8% | 3.4% | ||
| Q1 25 | 29.6% | 3.9% | ||
| Q4 24 | 49.4% | 2.7% | ||
| Q3 24 | 60.7% | 2.6% | ||
| Q2 24 | 59.7% | 3.8% | ||
| Q1 24 | 35.9% | 3.2% |
现金转化率NIRPM
| Q4 25 | 2.76× | 2.14× | ||
| Q3 25 | 4.94× | 1.04× | ||
| Q2 25 | 4.85× | 0.66× | ||
| Q1 25 | 1.45× | 1.76× | ||
| Q4 24 | 2.41× | 1.53× | ||
| Q3 24 | 3.97× | 1.09× | ||
| Q2 24 | 5.19× | 1.00× | ||
| Q1 24 | 1.25× | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
