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NVR, Inc.（NVR）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NVR, Inc.的1.1倍（$2.9B vs $2.7B），NVR, Inc.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 -4.7%），NVR, Inc.自由现金流更多（$436.0M vs $-408.0M），过去两年NVR, Inc.的营收复合增速更高（7.8% vs 2.8%）
NVR, Inc.是总部位于美国弗吉尼亚州雷斯顿的知名住宅建造企业，同时运营抵押贷款银行及产权服务相关业务。公司业务主要布局美国东海岸，覆盖14个州及华盛顿特区，2021年有22%的营收来自华盛顿大都会区。
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。
NVR vs PEG — 直观对比
营收规模更大
PEG
是对方的1.1倍
$2.7B
营收增速更快
PEG
高出22.9%
-4.7%
净利率更高
NVR
高出2.6%
10.8%
自由现金流更多
NVR
多$844.0M
$-408.0M
两年增速更快
NVR
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $2.9B |
| 净利润 | $363.8M | $315.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 17.5% |
| 净利率 | 13.4% | 10.8% |
| 营收同比 | -4.7% | 18.3% |
| 净利润同比 | -20.5% | 10.1% |
| 每股收益（稀释后） | $120.85 | $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NVRPEG
| Q4 25 | $2.7B | $2.9B | ||
| Q3 25 | $2.6B | $3.2B | ||
| Q2 25 | $2.6B | $2.8B | ||
| Q1 25 | $2.4B | $3.2B | ||
| Q4 24 | $2.8B | $2.5B | ||
| Q3 24 | $2.7B | $2.6B | ||
| Q2 24 | $2.6B | $2.4B | ||
| Q1 24 | $2.3B | $2.8B |
净利润NVRPEG
| Q4 25 | $363.8M | $315.0M | ||
| Q3 25 | $342.7M | $622.0M | ||
| Q2 25 | $333.7M | $585.0M | ||
| Q1 25 | $299.6M | $589.0M | ||
| Q4 24 | $457.4M | $286.0M | ||
| Q3 24 | $429.3M | $520.0M | ||
| Q2 24 | $400.9M | $434.0M | ||
| Q1 24 | $394.3M | $532.0M |
营业利润率NVRPEG
| Q4 25 | — | 17.5% | ||
| Q3 25 | — | 26.5% | ||
| Q2 25 | — | 29.1% | ||
| Q1 25 | — | 24.7% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 24.8% |
净利率NVRPEG
| Q4 25 | 13.4% | 10.8% | ||
| Q3 25 | 13.1% | 19.3% | ||
| Q2 25 | 12.8% | 20.9% | ||
| Q1 25 | 12.5% | 18.3% | ||
| Q4 24 | 16.1% | 11.6% | ||
| Q3 24 | 15.7% | 19.7% | ||
| Q2 24 | 15.3% | 17.9% | ||
| Q1 24 | 16.9% | 19.3% |
每股收益（稀释后）NVRPEG
| Q4 25 | $120.85 | $0.63 | ||
| Q3 25 | $112.33 | $1.24 | ||
| Q2 25 | $108.54 | $1.17 | ||
| Q1 25 | $94.83 | $1.18 | ||
| Q4 24 | $139.09 | $0.57 | ||
| Q3 24 | $130.50 | $1.04 | ||
| Q2 24 | $120.69 | $0.87 | ||
| Q1 24 | $116.41 | $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 | — | $132.0M |
| 总债务越低越好 | — | $22.5B |
| 股东权益账面价值 | $3.9B | $17.0B |
| 总资产 | $5.9B | $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NVRPEG
| Q4 25 | — | $132.0M | ||
| Q3 25 | — | $334.0M | ||
| Q2 25 | — | $186.0M | ||
| Q1 25 | — | $894.0M | ||
| Q4 24 | — | $125.0M | ||
| Q3 24 | — | $203.0M | ||
| Q2 24 | — | $113.0M | ||
| Q1 24 | — | $1.2B |
总债务NVRPEG
| 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NVRPEG
| Q4 25 | $3.9B | $17.0B | ||
| Q3 25 | $4.0B | $17.0B | ||
| Q2 25 | $3.8B | $16.7B | ||
| Q1 25 | $4.0B | $16.4B | ||
| Q4 24 | $4.2B | $16.1B | ||
| Q3 24 | $4.3B | $16.1B | ||
| Q2 24 | $4.1B | $15.8B | ||
| Q1 24 | $4.3B | $15.7B |
总资产NVRPEG
| Q4 25 | $5.9B | $57.6B | ||
| Q3 25 | $6.0B | $56.9B | ||
| Q2 25 | $5.9B | $56.0B | ||
| Q1 25 | $6.2B | $55.6B | ||
| Q4 24 | $6.4B | $54.6B | ||
| Q3 24 | $6.5B | $54.1B | ||
| Q2 24 | $6.4B | $52.4B | ||
| Q1 24 | $6.5B | $52.4B |
负债/权益比NVRPEG
| 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 | $439.7M | $721.0M |
| 自由现金流经营现金流 - 资本支出 | $436.0M | $-408.0M |
| 自由现金流率自由现金流/营收 | 16.1% | -14.0% |
| 资本支出强度资本支出/营收 | 0.1% | 38.7% |
| 现金转化率经营现金流/净利润 | 1.21× | 2.29× |
| 过去12个月自由现金流最近4个季度 | $1.1B | $26.0M |
8季度趋势，按日历期对齐
经营现金流NVRPEG
| Q4 25 | $439.7M | $721.0M | ||
| Q3 25 | $438.7M | $1.1B | ||
| Q2 25 | $35.1M | $478.0M | ||
| Q1 25 | $207.8M | $1.0B | ||
| Q4 24 | $637.0M | $367.0M | ||
| Q3 24 | $358.3M | $623.0M | ||
| Q2 24 | $232.7M | $482.0M | ||
| Q1 24 | $146.5M | $661.0M |
自由现金流NVRPEG
| Q4 25 | $436.0M | $-408.0M | ||
| Q3 25 | $433.3M | $322.0M | ||
| Q2 25 | $26.8M | $-309.0M | ||
| Q1 25 | $200.7M | $421.0M | ||
| Q4 24 | $631.5M | $-611.0M | ||
| Q3 24 | $350.1M | $-145.0M | ||
| Q2 24 | $226.3M | $-355.0M | ||
| Q1 24 | $137.5M | $-136.0M |
自由现金流率NVRPEG
| Q4 25 | 16.1% | -14.0% | ||
| Q3 25 | 16.6% | 10.0% | ||
| Q2 25 | 1.0% | -11.0% | ||
| Q1 25 | 8.4% | 13.1% | ||
| Q4 24 | 22.2% | -24.8% | ||
| Q3 24 | 12.8% | -5.5% | ||
| Q2 24 | 8.7% | -14.7% | ||
| Q1 24 | 5.9% | -4.9% |
资本支出强度NVRPEG
| Q4 25 | 0.1% | 38.7% | ||
| Q3 25 | 0.2% | 22.6% | ||
| Q2 25 | 0.3% | 28.1% | ||
| Q1 25 | 0.3% | 19.5% | ||
| Q4 24 | 0.2% | 39.7% | ||
| Q3 24 | 0.3% | 29.1% | ||
| Q2 24 | 0.2% | 34.5% | ||
| Q1 24 | 0.4% | 28.9% |
现金转化率NVRPEG
| Q4 25 | 1.21× | 2.29× | ||
| Q3 25 | 1.28× | 1.69× | ||
| Q2 25 | 0.11× | 0.82× | ||
| Q1 25 | 0.69× | 1.78× | ||
| Q4 24 | 1.39× | 1.28× | ||
| Q3 24 | 0.83× | 1.20× | ||
| Q2 24 | 0.58× | 1.11× | ||
| Q1 24 | 0.37× | 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
NVR
| Home Building Segment | $2.6B | 97% |
| Mortgage Banking Segment | $77.4M | 3% |
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
