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NVR, Inc.（NVR）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是NVR, Inc.的1.3倍（$2.3B vs $1.8B），PPL Corporation净利率更高（11.3% vs 10.8%，领先0.5%），PPL Corporation同比增速更快（7.2% vs -21.9%），过去两年PPL Corporation的营收复合增速更高（1.0% vs -16.2%）
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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
NVR vs PPL — 直观对比
营收规模更大
PPL
是对方的1.3倍
$1.8B
营收增速更快
PPL
高出29.1%
-21.9%
净利率更高
PPL
高出0.5%
10.8%
两年增速更快
PPL
近两年复合增速
-16.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.3B |
| 净利润 | $198.4M | $266.0M |
| 毛利率 | 180.4% | — |
| 营业利润率 | — | 20.3% |
| 净利率 | 10.8% | 11.3% |
| 营收同比 | -21.9% | 7.2% |
| 净利润同比 | — | 50.3% |
| 每股收益（稀释后） | $67.76 | $0.35 |
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NVRPPL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.7B | $2.3B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.4B | $2.5B | ||
| Q4 24 | $2.8B | $2.2B | ||
| Q3 24 | $2.7B | $2.1B | ||
| Q2 24 | $2.6B | $1.9B |
净利润NVRPPL
| Q1 26 | $198.4M | — | ||
| Q4 25 | $363.8M | $266.0M | ||
| Q3 25 | $342.7M | $318.0M | ||
| Q2 25 | $333.7M | $183.0M | ||
| Q1 25 | $299.6M | $414.0M | ||
| Q4 24 | $457.4M | $177.0M | ||
| Q3 24 | $429.3M | $214.0M | ||
| Q2 24 | $400.9M | $190.0M |
毛利率NVRPPL
| Q1 26 | 180.4% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
营业利润率NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | — | 20.3% | ||
| Q3 25 | — | 25.4% | ||
| Q2 25 | — | 19.9% | ||
| Q1 25 | — | 26.6% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 20.8% |
净利率NVRPPL
| Q1 26 | 10.8% | — | ||
| Q4 25 | 13.4% | 11.3% | ||
| Q3 25 | 13.1% | 14.2% | ||
| Q2 25 | 12.8% | 9.0% | ||
| Q1 25 | 12.5% | 16.3% | ||
| Q4 24 | 16.1% | 8.1% | ||
| Q3 24 | 15.7% | 10.3% | ||
| Q2 24 | 15.3% | 10.1% |
每股收益（稀释后）NVRPPL
| Q1 26 | $67.76 | — | ||
| Q4 25 | $120.85 | $0.35 | ||
| Q3 25 | $112.33 | $0.43 | ||
| Q2 25 | $108.54 | $0.25 | ||
| Q1 25 | $94.83 | $0.56 | ||
| Q4 24 | $139.09 | $0.23 | ||
| Q3 24 | $130.50 | $0.29 | ||
| Q2 24 | $120.69 | $0.26 |
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 | $1.6B | $1.1B |
| 总债务越低越好 | — | $18.9B |
| 股东权益账面价值 | $3.5B | $14.9B |
| 总资产 | $5.6B | $45.2B |
| 负债/权益比越低杠杆越低 | — | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资NVRPPL
| Q1 26 | $1.6B | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $294.0M | ||
| Q1 25 | — | $312.0M | ||
| Q4 24 | — | $306.0M | ||
| Q3 24 | — | $542.0M | ||
| Q2 24 | — | $282.0M |
总债务NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | — | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益NVRPPL
| Q1 26 | $3.5B | — | ||
| Q4 25 | $3.9B | $14.9B | ||
| Q3 25 | $4.0B | $14.4B | ||
| Q2 25 | $3.8B | $14.3B | ||
| Q1 25 | $4.0B | $14.3B | ||
| Q4 24 | $4.2B | $14.1B | ||
| Q3 24 | $4.3B | $14.1B | ||
| Q2 24 | $4.1B | $14.1B |
总资产NVRPPL
| Q1 26 | $5.6B | — | ||
| Q4 25 | $5.9B | $45.2B | ||
| Q3 25 | $6.0B | $43.9B | ||
| Q2 25 | $5.9B | $42.4B | ||
| Q1 25 | $6.2B | $41.8B | ||
| Q4 24 | $6.4B | $41.1B | ||
| Q3 24 | $6.5B | $40.5B | ||
| Q2 24 | $6.4B | $39.8B |
负债/权益比NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $548.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-614.0M |
| 自由现金流率自由现金流/营收 | — | -26.1% |
| 资本支出强度资本支出/营收 | — | 49.5% |
| 现金转化率经营现金流/净利润 | — | 2.06× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
经营现金流NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | $439.7M | $548.0M | ||
| Q3 25 | $438.7M | $966.0M | ||
| Q2 25 | $35.1M | $602.0M | ||
| Q1 25 | $207.8M | $513.0M | ||
| Q4 24 | $637.0M | $511.0M | ||
| Q3 24 | $358.3M | $781.0M | ||
| Q2 24 | $232.7M | $766.0M |
自由现金流NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | $436.0M | $-614.0M | ||
| Q3 25 | $433.3M | $-179.0M | ||
| Q2 25 | $26.8M | $-328.0M | ||
| Q1 25 | $200.7M | $-280.0M | ||
| Q4 24 | $631.5M | $-349.0M | ||
| Q3 24 | $350.1M | $102.0M | ||
| Q2 24 | $226.3M | $96.0M |
自由现金流率NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | 16.1% | -26.1% | ||
| Q3 25 | 16.6% | -8.0% | ||
| Q2 25 | 1.0% | -16.1% | ||
| Q1 25 | 8.4% | -11.0% | ||
| Q4 24 | 22.2% | -15.9% | ||
| Q3 24 | 12.8% | 4.9% | ||
| Q2 24 | 8.7% | 5.1% |
资本支出强度NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 49.5% | ||
| Q3 25 | 0.2% | 51.2% | ||
| Q2 25 | 0.3% | 45.6% | ||
| Q1 25 | 0.3% | 31.2% | ||
| Q4 24 | 0.2% | 39.3% | ||
| Q3 24 | 0.3% | 32.7% | ||
| Q2 24 | 0.2% | 35.8% |
现金转化率NVRPPL
| Q1 26 | — | — | ||
| Q4 25 | 1.21× | 2.06× | ||
| Q3 25 | 1.28× | 3.04× | ||
| Q2 25 | 0.11× | 3.29× | ||
| Q1 25 | 0.69× | 1.24× | ||
| Q4 24 | 1.39× | 2.89× | ||
| Q3 24 | 0.83× | 3.65× | ||
| Q2 24 | 0.58× | 4.03× |
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
暂无分部数据
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
