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Northwest Natural Holding Co（NWN）与Rapid7, Inc.（RPD）财务数据对比。点击上方公司名可切换其他公司
Northwest Natural Holding Co的季度营收约是Rapid7, Inc.的1.8倍（$394.2M vs $217.4M），Northwest Natural Holding Co同比增速更快（6.3% vs 0.5%），Rapid7, Inc.自由现金流更多（$36.4M vs $-131.0M），过去两年Rapid7, Inc.的营收复合增速更高（3.0% vs -4.6%）
西北天然气控股公司是美国上市公用事业企业，总部位于俄勒冈州波特兰，成立于1859年。核心业务为天然气配送，服务俄勒冈州西部、华盛顿州西南部的居民、商业及工业客户，同时运营水务业务，目前服务约80万用户，年营收超10亿美元。
Rapid7是全球领先的网络安全企业，提供漏洞管理、威胁检测与响应、云安全、安全分析等全系列安全解决方案，服务全球科技、医疗、金融、制造等行业的各类规模企业及公共部门客户，助力客户高效识别、应对和缓解网络安全风险。
NWN vs RPD — 直观对比
营收规模更大
NWN
是对方的1.8倍
$217.4M
营收增速更快
NWN
高出5.8%
0.5%
自由现金流更多
RPD
多$167.4M
$-131.0M
两年增速更快
RPD
近两年复合增速
-4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $394.2M | $217.4M |
| 净利润 | — | $3.1M |
| 毛利率 | — | 68.9% |
| 营业利润率 | 28.4% | 1.0% |
| 净利率 | — | 1.4% |
| 营收同比 | 6.3% | 0.5% |
| 净利润同比 | — | 44.1% |
| 每股收益（稀释后） | $1.38 | $0.05 |
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NWNRPD
| Q4 25 | $394.2M | $217.4M | ||
| Q3 25 | $164.7M | $218.0M | ||
| Q2 25 | $236.2M | $214.2M | ||
| Q1 25 | $494.3M | $210.3M | ||
| Q4 24 | $370.9M | $216.3M | ||
| Q3 24 | $136.9M | $214.7M | ||
| Q2 24 | $211.7M | $208.0M | ||
| Q1 24 | $433.5M | $205.1M |
净利润NWNRPD
| Q4 25 | — | $3.1M | ||
| Q3 25 | $-29.9M | $9.8M | ||
| Q2 25 | $-2.5M | $8.3M | ||
| Q1 25 | $87.9M | $2.1M | ||
| Q4 24 | — | $2.2M | ||
| Q3 24 | $-27.2M | $15.4M | ||
| Q2 24 | $-2.8M | $6.5M | ||
| Q1 24 | $63.8M | $1.4M |
毛利率NWNRPD
| Q4 25 | — | 68.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | 71.7% | ||
| Q4 24 | — | 69.5% | ||
| Q3 24 | — | 70.6% | ||
| Q2 24 | — | 70.7% | ||
| Q1 24 | — | 70.3% |
营业利润率NWNRPD
| Q4 25 | 28.4% | 1.0% | ||
| Q3 25 | -7.5% | 2.7% | ||
| Q2 25 | 11.5% | 1.6% | ||
| Q1 25 | 31.2% | -0.0% | ||
| Q4 24 | 22.9% | 3.4% | ||
| Q3 24 | -14.1% | 6.0% | ||
| Q2 24 | 7.4% | 2.5% | ||
| Q1 24 | 25.3% | 4.7% |
净利率NWNRPD
| Q4 25 | — | 1.4% | ||
| Q3 25 | -18.1% | 4.5% | ||
| Q2 25 | -1.1% | 3.9% | ||
| Q1 25 | 17.8% | 1.0% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | -19.8% | 7.2% | ||
| Q2 24 | -1.3% | 3.1% | ||
| Q1 24 | 14.7% | 0.7% |
每股收益（稀释后）NWNRPD
| Q4 25 | $1.38 | $0.05 | ||
| Q3 25 | $-0.73 | $0.15 | ||
| Q2 25 | $-0.06 | $0.13 | ||
| Q1 25 | $2.18 | $0.03 | ||
| Q4 24 | $1.12 | $0.08 | ||
| Q3 24 | $-0.71 | $0.21 | ||
| Q2 24 | $-0.07 | $0.09 | ||
| Q1 24 | $1.69 | $0.02 |
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 | $36.7M | $474.7M |
| 总债务越低越好 | $2.4B | — |
| 股东权益账面价值 | $1.5B | $154.7M |
| 总资产 | $6.2B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.65× | — |
8季度趋势，按日历期对齐
现金及短期投资NWNRPD
| Q4 25 | $36.7M | $474.7M | ||
| Q3 25 | $32.2M | $407.1M | ||
| Q2 25 | $102.6M | $511.7M | ||
| Q1 25 | $100.0M | $493.5M | ||
| Q4 24 | $38.5M | $521.7M | ||
| Q3 24 | $35.0M | $443.7M | ||
| Q2 24 | $65.2M | $442.6M | ||
| Q1 24 | $72.4M | $411.7M |
总债务NWNRPD
| Q4 25 | $2.4B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
股东权益NWNRPD
| Q4 25 | $1.5B | $154.7M | ||
| Q3 25 | $1.4B | $127.2M | ||
| Q2 25 | $1.5B | $90.4M | ||
| Q1 25 | $1.5B | $52.7M | ||
| Q4 24 | $1.4B | $17.7M | ||
| Q3 24 | $1.4B | $-5.1M | ||
| Q2 24 | $1.3B | $-52.6M | ||
| Q1 24 | $1.3B | $-86.4M |
总资产NWNRPD
| Q4 25 | $6.2B | $1.7B | ||
| Q3 25 | $5.9B | $1.7B | ||
| Q2 25 | $5.8B | $1.6B | ||
| Q1 25 | $5.7B | $1.6B | ||
| Q4 24 | $5.2B | $1.7B | ||
| Q3 24 | $4.9B | $1.6B | ||
| Q2 24 | $4.8B | $1.5B | ||
| Q1 24 | $4.8B | $1.5B |
负债/权益比NWNRPD
| Q4 25 | 1.65× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.53× | — | ||
| Q1 25 | 1.53× | — | ||
| Q4 24 | 1.23× | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.17× | — | ||
| Q1 24 | 1.17× | — |
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 | $3.3M | $37.6M |
| 自由现金流经营现金流 - 资本支出 | $-131.0M | $36.4M |
| 自由现金流率自由现金流/营收 | -33.2% | 16.8% |
| 资本支出强度资本支出/营收 | 34.1% | 0.5% |
| 现金转化率经营现金流/净利润 | — | 12.01× |
| 过去12个月自由现金流最近4个季度 | $-197.8M | $146.2M |
8季度趋势，按日历期对齐
经营现金流NWNRPD
| Q4 25 | $3.3M | $37.6M | ||
| Q3 25 | $-15.9M | $39.0M | ||
| Q2 25 | $102.2M | $47.5M | ||
| Q1 25 | $179.6M | $29.8M | ||
| Q4 24 | $-19.4M | $63.8M | ||
| Q3 24 | $-26.4M | $44.0M | ||
| Q2 24 | $121.0M | $32.9M | ||
| Q1 24 | $125.0M | $31.1M |
自由现金流NWNRPD
| Q4 25 | $-131.0M | $36.4M | ||
| Q3 25 | $-125.9M | $34.8M | ||
| Q2 25 | $-18.3M | $46.6M | ||
| Q1 25 | $77.4M | $28.4M | ||
| Q4 24 | $-119.6M | $62.6M | ||
| Q3 24 | $-121.7M | $42.6M | ||
| Q2 24 | $4.3M | $32.6M | ||
| Q1 24 | $42.8M | $30.4M |
自由现金流率NWNRPD
| Q4 25 | -33.2% | 16.8% | ||
| Q3 25 | -76.4% | 16.0% | ||
| Q2 25 | -7.8% | 21.8% | ||
| Q1 25 | 15.7% | 13.5% | ||
| Q4 24 | -32.2% | 28.9% | ||
| Q3 24 | -88.9% | 19.9% | ||
| Q2 24 | 2.0% | 15.7% | ||
| Q1 24 | 9.9% | 14.8% |
资本支出强度NWNRPD
| Q4 25 | 34.1% | 0.5% | ||
| Q3 25 | 66.8% | 1.9% | ||
| Q2 25 | 51.0% | 0.4% | ||
| Q1 25 | 20.7% | 0.6% | ||
| Q4 24 | 27.0% | 0.5% | ||
| Q3 24 | 69.6% | 0.6% | ||
| Q2 24 | 55.1% | 0.1% | ||
| Q1 24 | 19.0% | 0.3% |
现金转化率NWNRPD
| Q4 25 | — | 12.01× | ||
| Q3 25 | — | 3.97× | ||
| Q2 25 | — | 5.70× | ||
| Q1 25 | 2.04× | 14.14× | ||
| Q4 24 | — | 29.36× | ||
| Q3 24 | — | 2.85× | ||
| Q2 24 | — | 5.03× | ||
| Q1 24 | 1.96× | 22.10× |
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
NWN
| NWN Gas Utility | $341.4M | 87% |
| Alternativerevenue | $27.2M | 7% |
| Si Energy Gas Utility | $20.0M | 5% |
| NW Natural Other | $6.9M | 2% |
RPD
| Products | $209.1M | 96% |
| Services | $8.2M | 4% |
