vs
NorthWestern Energy Group, Inc.（NWE）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
NorthWestern Energy Group, Inc.的季度营收约是世纪互联的1.4倍（$497.6M vs $362.7M），NorthWestern Energy Group, Inc.净利率更高（12.8% vs -10.7%，领先23.4%），过去两年NorthWestern Energy Group, Inc.的营收复合增速更高（24.7% vs 17.4%）
西北能源集团（NorthWestern Energy Group, Inc.）是一家总部位于苏福尔斯的公用事业企业，业务覆盖南达科他州、内布拉斯加州和蒙大拿州。截至2019年，公司服务客户约71.8万户，集团总部设在苏福尔斯，南达科他州的运营总部则位于该州休伦市。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
NWE vs VNET — 直观对比
营收规模更大
NWE
是对方的1.4倍
$362.7M
净利率更高
NWE
高出23.4%
-10.7%
两年增速更快
NWE
近两年复合增速
17.4%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $497.6M | $362.7M |
| 净利润 | $63.5M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 22.9% | 0.5% |
| 净利率 | 12.8% | -10.7% |
| 营收同比 | 6.6% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | — |
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NWEVNET
| Q1 26 | $497.6M | — | ||
| Q4 25 | $414.3M | — | ||
| Q3 25 | $387.0M | $362.7M | ||
| Q2 25 | $342.7M | — | ||
| Q1 25 | $466.6M | $309.5M | ||
| Q4 24 | $373.5M | — | ||
| Q3 24 | $345.2M | $302.2M | ||
| Q2 24 | $319.9M | $274.4M |
净利润NWEVNET
| Q1 26 | $63.5M | — | ||
| Q4 25 | $44.7M | — | ||
| Q3 25 | $38.2M | $-38.7M | ||
| Q2 25 | $21.2M | — | ||
| Q1 25 | $76.9M | $-2.4M | ||
| Q4 24 | $80.6M | — | ||
| Q3 24 | $46.8M | $-2.1M | ||
| Q2 24 | $31.7M | $-1.1M |
毛利率NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% |
营业利润率NWEVNET
| Q1 26 | 22.9% | — | ||
| Q4 25 | 14.5% | — | ||
| Q3 25 | 20.7% | 0.5% | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 26.7% | 0.1% | ||
| Q4 24 | 24.6% | — | ||
| Q3 24 | 19.7% | 24.5% | ||
| Q2 24 | 19.3% | 0.2% |
净利率NWEVNET
| Q1 26 | 12.8% | — | ||
| Q4 25 | 10.8% | — | ||
| Q3 25 | 9.9% | -10.7% | ||
| Q2 25 | 6.2% | — | ||
| Q1 25 | 16.5% | -0.8% | ||
| Q4 24 | 21.6% | — | ||
| Q3 24 | 13.6% | -0.7% | ||
| Q2 24 | 9.9% | -0.4% |
每股收益（稀释后）NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $0.72 | — | ||
| Q3 25 | $0.62 | — | ||
| Q2 25 | $0.35 | — | ||
| Q1 25 | $1.25 | — | ||
| Q4 24 | $1.31 | — | ||
| Q3 24 | $0.76 | — | ||
| Q2 24 | $0.52 | — |
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 | — | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $890.8M |
| 总资产 | — | $6.1B |
| 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NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $8.8M | — | ||
| Q3 25 | $6.2M | $492.1M | ||
| Q2 25 | $2.9M | — | ||
| Q1 25 | $56.0M | $544.3M | ||
| Q4 24 | $4.3M | — | ||
| Q3 24 | $2.5M | $219.5M | ||
| Q2 24 | $6.4M | $247.2M |
总债务NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — |
股东权益NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | $890.8M | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | $927.8M | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.8B | $902.9M | ||
| Q2 24 | $2.8B | $900.6M |
总资产NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $8.5B | — | ||
| Q3 25 | $8.3B | $6.1B | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.1B | $5.4B | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | $7.9B | $4.3B | ||
| Q2 24 | $7.7B | $4.0B |
负债/权益比NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.14× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | — | 1.28× | ||
| 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 | — | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $56.2M | — | ||
| Q3 25 | $126.7M | $113.8M | ||
| Q2 25 | $58.2M | — | ||
| Q1 25 | $153.4M | $27.0M | ||
| Q4 24 | $62.8M | — | ||
| Q3 24 | $120.0M | $108.3M | ||
| Q2 24 | $62.3M | $55.8M |
自由现金流NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | $-93.7M | — | ||
| Q3 25 | $-26.9M | $-193.1M | ||
| Q2 25 | $-70.6M | — | ||
| Q1 25 | $61.3M | $-220.0M | ||
| Q4 24 | $-85.9M | — | ||
| Q3 24 | $-33.2M | $-95.0M | ||
| Q2 24 | $-76.3M | $-81.6M |
自由现金流率NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | -22.6% | — | ||
| Q3 25 | -6.9% | -53.2% | ||
| Q2 25 | -20.6% | — | ||
| Q1 25 | 13.1% | -71.1% | ||
| Q4 24 | -23.0% | — | ||
| Q3 24 | -9.6% | -31.4% | ||
| Q2 24 | -23.9% | -29.8% |
资本支出强度NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | 36.2% | — | ||
| Q3 25 | 39.7% | 84.6% | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | 19.7% | 79.8% | ||
| Q4 24 | 39.8% | — | ||
| Q3 24 | 44.4% | 67.3% | ||
| Q2 24 | 43.3% | 50.1% |
现金转化率NWEVNET
| Q1 26 | — | — | ||
| Q4 25 | 1.26× | — | ||
| Q3 25 | 3.31× | — | ||
| Q2 25 | 2.74× | — | ||
| Q1 25 | 1.99× | — | ||
| Q4 24 | 0.78× | — | ||
| Q3 24 | 2.56× | — | ||
| Q2 24 | 1.97× | — |
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
NWE
| Electric | $362.1M | 73% |
| Gas | $135.5M | 27% |
VNET
暂无分部数据
