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OFG BANCORP（OFG）与PLUG POWER INC（PLUG）财务数据对比。点击上方公司名可切换其他公司
PLUG POWER INC的季度营收约是OFG BANCORP的1.2倍（$225.2M vs $184.3M），OFG BANCORP净利率更高（30.3% vs -375.6%，领先405.9%），PLUG POWER INC同比增速更快（17.6% vs 0.9%），OFG BANCORP自由现金流更多（$199.3M vs $-153.0M），过去两年PLUG POWER INC的营收复合增速更高（36.8% vs 2.8%）
OFG Bancorp成立于1964年，总部位于波多黎各圣胡安，是东方银行的金融控股公司。公司通过东方银行、东方金融服务有限责任公司、东方保险有限责任公司等核心子公司，主要面向波多黎各和美属维尔京群岛市场，提供多元化的零售与商业银行、贷款、财富管理相关产品、服务及技术解决方案。
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
OFG vs PLUG — 直观对比
营收规模更大
PLUG
是对方的1.2倍
$184.3M
营收增速更快
PLUG
高出16.7%
0.9%
净利率更高
OFG
高出405.9%
-375.6%
自由现金流更多
OFG
多$352.4M
$-153.0M
两年增速更快
PLUG
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $184.3M | $225.2M |
| 净利润 | $55.9M | $-846.0M |
| 毛利率 | — | 2.4% |
| 营业利润率 | 25.7% | -338.9% |
| 净利率 | 30.3% | -375.6% |
| 营收同比 | 0.9% | 17.6% |
| 净利润同比 | 11.0% | 36.7% |
| 每股收益（稀释后） | $1.27 | $-0.70 |
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OFGPLUG
| Q4 25 | $184.3M | $225.2M | ||
| Q3 25 | $186.2M | $177.1M | ||
| Q2 25 | $182.4M | $174.0M | ||
| Q1 25 | $178.6M | $133.7M | ||
| Q4 24 | $182.7M | $191.5M | ||
| Q3 24 | $174.7M | $173.7M | ||
| Q2 24 | $179.8M | $143.3M | ||
| Q1 24 | $174.4M | $120.3M |
净利润OFGPLUG
| Q4 25 | $55.9M | $-846.0M | ||
| Q3 25 | $51.8M | $-361.9M | ||
| Q2 25 | $51.8M | $-227.1M | ||
| Q1 25 | $45.6M | $-196.7M | ||
| Q4 24 | $50.3M | $-1.3B | ||
| Q3 24 | $47.0M | $-211.2M | ||
| Q2 24 | $51.1M | $-262.3M | ||
| Q1 24 | $49.7M | $-295.8M |
毛利率OFGPLUG
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | -67.9% | ||
| Q2 25 | — | -30.7% | ||
| Q1 25 | — | -55.3% | ||
| Q4 24 | — | -122.5% | ||
| Q3 24 | — | -57.6% | ||
| Q2 24 | — | -91.6% | ||
| Q1 24 | — | -132.3% |
营业利润率OFGPLUG
| Q4 25 | 25.7% | -338.9% | ||
| Q3 25 | 33.0% | -197.0% | ||
| Q2 25 | 36.1% | -101.7% | ||
| Q1 25 | 33.3% | -133.5% | ||
| Q4 24 | 28.9% | -678.7% | ||
| Q3 24 | 35.4% | -124.4% | ||
| Q2 24 | 39.6% | -170.7% | ||
| Q1 24 | 38.9% | -215.7% |
净利率OFGPLUG
| Q4 25 | 30.3% | -375.6% | ||
| Q3 25 | 27.8% | -204.4% | ||
| Q2 25 | 28.4% | -130.5% | ||
| Q1 25 | 25.5% | -147.1% | ||
| Q4 24 | 27.6% | -697.5% | ||
| Q3 24 | 26.9% | -121.5% | ||
| Q2 24 | 28.4% | -183.0% | ||
| Q1 24 | 28.5% | -245.9% |
每股收益（稀释后）OFGPLUG
| Q4 25 | $1.27 | $-0.70 | ||
| Q3 25 | $1.16 | $-0.31 | ||
| Q2 25 | $1.15 | $-0.20 | ||
| Q1 25 | $1.00 | $-0.21 | ||
| Q4 24 | $1.10 | $-1.61 | ||
| Q3 24 | $1.00 | $-0.25 | ||
| Q2 24 | $1.08 | $-0.36 | ||
| Q1 24 | $1.05 | $-0.46 |
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 | $1.0B | $368.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.4B | $978.1M |
| 总资产 | $12.5B | $2.6B |
| 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OFGPLUG
| Q4 25 | $1.0B | $368.5M | ||
| Q3 25 | $740.3M | $165.9M | ||
| Q2 25 | $851.8M | $140.7M | ||
| Q1 25 | $710.6M | $295.8M | ||
| Q4 24 | $591.1M | $205.7M | ||
| Q3 24 | $680.6M | $93.9M | ||
| Q2 24 | $740.4M | $62.4M | ||
| Q1 24 | $754.4M | $172.9M |
总债务OFGPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $3.9M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $3.8M |
股东权益OFGPLUG
| Q4 25 | $1.4B | $978.1M | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $1.3B | $1.7B | ||
| Q1 25 | $1.3B | $1.9B | ||
| Q4 24 | $1.3B | $1.7B | ||
| Q3 24 | $1.3B | $3.0B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
总资产OFGPLUG
| Q4 25 | $12.5B | $2.6B | ||
| Q3 25 | $12.2B | $3.1B | ||
| Q2 25 | $12.2B | $3.4B | ||
| Q1 25 | $11.7B | $3.6B | ||
| Q4 24 | $11.5B | $3.6B | ||
| Q3 24 | $11.5B | $4.7B | ||
| Q2 24 | $11.3B | $4.8B | ||
| Q1 24 | $11.2B | $4.8B |
负债/权益比OFGPLUG
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $217.7M | $-148.6M |
| 自由现金流经营现金流 - 资本支出 | $199.3M | $-153.0M |
| 自由现金流率自由现金流/营收 | 108.1% | -67.9% |
| 资本支出强度资本支出/营收 | 10.0% | 1.9% |
| 现金转化率经营现金流/净利润 | 3.90× | — |
| 过去12个月自由现金流最近4个季度 | $345.4M | $-647.0M |
8季度趋势，按日历期对齐
经营现金流OFGPLUG
| Q4 25 | $217.7M | $-148.6M | ||
| Q3 25 | $39.5M | $-89.8M | ||
| Q2 25 | $35.9M | $-191.8M | ||
| Q1 25 | $83.1M | $-105.6M | ||
| Q4 24 | $252.5M | $-131.2M | ||
| Q3 24 | $58.1M | $-174.9M | ||
| Q2 24 | $95.1M | $-254.7M | ||
| Q1 24 | $61.0M | $-167.7M |
自由现金流OFGPLUG
| Q4 25 | $199.3M | $-153.0M | ||
| Q3 25 | $35.5M | $-117.5M | ||
| Q2 25 | $31.8M | $-230.4M | ||
| Q1 25 | $78.7M | $-146.0M | ||
| Q4 24 | $231.2M | $-165.2M | ||
| Q3 24 | $51.8M | $-234.2M | ||
| Q2 24 | $90.4M | $-356.0M | ||
| Q1 24 | $54.8M | $-260.3M |
自由现金流率OFGPLUG
| Q4 25 | 108.1% | -67.9% | ||
| Q3 25 | 19.1% | -66.4% | ||
| Q2 25 | 17.4% | -132.5% | ||
| Q1 25 | 44.1% | -109.2% | ||
| Q4 24 | 126.5% | -86.3% | ||
| Q3 24 | 29.6% | -134.8% | ||
| Q2 24 | 50.3% | -248.4% | ||
| Q1 24 | 31.4% | -216.5% |
资本支出强度OFGPLUG
| Q4 25 | 10.0% | 1.9% | ||
| Q3 25 | 2.1% | 15.6% | ||
| Q2 25 | 2.3% | 22.2% | ||
| Q1 25 | 2.4% | 30.3% | ||
| Q4 24 | 11.7% | 17.7% | ||
| Q3 24 | 3.6% | 34.1% | ||
| Q2 24 | 2.6% | 70.7% | ||
| Q1 24 | 3.5% | 77.0% |
现金转化率OFGPLUG
| Q4 25 | 3.90× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.69× | — | ||
| Q1 25 | 1.82× | — | ||
| Q4 24 | 5.02× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 1.86× | — | ||
| Q1 24 | 1.23× | — |
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
OFG
暂无分部数据
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
