vs
OGE ENERGY CORP.（OGE）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
Trade Desk (The)的季度营收约是OGE ENERGY CORP.的1.2倍（$846.8M vs $701.7M），Trade Desk (The)净利率更高（22.1% vs 9.9%，领先12.2%），Trade Desk (The)同比增速更快（14.3% vs -5.8%），Trade Desk (The)自由现金流更多（$285.3M vs $83.1M），过去两年Trade Desk (The)的营收复合增速更高（31.3% vs 9.7%）
OGE能源集团是一家受监管的公用电力企业，核心子公司俄克拉荷马燃气电力公司为俄克拉荷马州及阿肯色州超84.3万用户提供服务，覆盖俄克拉荷马城大都会区150万居民，总部设于俄克拉荷马城市中心。集团原旗下天然气管道业务Enogex于2013年与CenterPoint Energy的中游业务合并组建为Enable Midstream。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
OGE vs TTD — 直观对比
营收规模更大
TTD
是对方的1.2倍
$701.7M
营收增速更快
TTD
高出20.0%
-5.8%
净利率更高
TTD
高出12.2%
9.9%
自由现金流更多
TTD
多$202.2M
$83.1M
两年增速更快
TTD
近两年复合增速
9.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $701.7M | $846.8M |
| 净利润 | $69.2M | $186.9M |
| 毛利率 | 59.2% | 80.7% |
| 营业利润率 | 19.7% | 30.3% |
| 净利率 | 9.9% | 22.1% |
| 营收同比 | -5.8% | 14.3% |
| 净利润同比 | -32.1% | 2.6% |
| 每股收益（稀释后） | $0.34 | $0.39 |
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OGETTD
| Q4 25 | $701.7M | $846.8M | ||
| Q3 25 | $1.0B | $739.4M | ||
| Q2 25 | $719.7M | $694.0M | ||
| Q1 25 | $741.1M | $616.0M | ||
| Q4 24 | $744.7M | $741.0M | ||
| Q3 24 | $945.2M | $628.0M | ||
| Q2 24 | $644.1M | $584.5M | ||
| Q1 24 | $582.6M | $491.3M |
净利润OGETTD
| Q4 25 | $69.2M | $186.9M | ||
| Q3 25 | $231.3M | $115.5M | ||
| Q2 25 | $107.5M | $90.1M | ||
| Q1 25 | $62.7M | $50.7M | ||
| Q4 24 | $101.9M | $182.2M | ||
| Q3 24 | $218.7M | $94.2M | ||
| Q2 24 | $102.3M | $85.0M | ||
| Q1 24 | $18.6M | $31.7M |
毛利率OGETTD
| Q4 25 | 59.2% | 80.7% | ||
| Q3 25 | 62.2% | 78.1% | ||
| Q2 25 | 63.7% | 78.2% | ||
| Q1 25 | 56.3% | 76.8% | ||
| Q4 24 | 59.7% | 81.7% | ||
| Q3 24 | 63.0% | 80.5% | ||
| Q2 24 | 69.9% | 81.1% | ||
| Q1 24 | 60.1% | 78.9% |
营业利润率OGETTD
| Q4 25 | 19.7% | 30.3% | ||
| Q3 25 | 33.2% | 21.8% | ||
| Q2 25 | 25.9% | 16.8% | ||
| Q1 25 | 18.0% | 8.8% | ||
| Q4 24 | 24.5% | 26.4% | ||
| Q3 24 | 33.1% | 17.3% | ||
| Q2 24 | 27.3% | 16.2% | ||
| Q1 24 | 12.7% | 5.8% |
净利率OGETTD
| Q4 25 | 9.9% | 22.1% | ||
| Q3 25 | 22.5% | 15.6% | ||
| Q2 25 | 14.9% | 13.0% | ||
| Q1 25 | 8.5% | 8.2% | ||
| Q4 24 | 13.7% | 24.6% | ||
| Q3 24 | 23.1% | 15.0% | ||
| Q2 24 | 15.9% | 14.5% | ||
| Q1 24 | 3.2% | 6.4% |
每股收益（稀释后）OGETTD
| Q4 25 | $0.34 | $0.39 | ||
| Q3 25 | $1.14 | $0.23 | ||
| Q2 25 | $0.53 | $0.18 | ||
| Q1 25 | $0.31 | $0.10 | ||
| Q4 24 | $0.50 | $0.36 | ||
| Q3 24 | $1.09 | $0.19 | ||
| Q2 24 | $0.51 | $0.17 | ||
| Q1 24 | $0.09 | $0.06 |
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 | $200.0K | $1.3B |
| 总债务越低越好 | $5.4B | — |
| 股东权益账面价值 | $5.0B | $2.5B |
| 总资产 | $14.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 1.08× | — |
8季度趋势，按日历期对齐
现金及短期投资OGETTD
| Q4 25 | $200.0K | $1.3B | ||
| Q3 25 | $300.0K | $1.4B | ||
| Q2 25 | $500.0K | $1.7B | ||
| Q1 25 | $26.9M | $1.7B | ||
| Q4 24 | $600.0K | $1.9B | ||
| Q3 24 | $9.9M | $1.7B | ||
| Q2 24 | $100.0K | $1.5B | ||
| Q1 24 | $4.3M | $1.4B |
总债务OGETTD
| Q4 25 | $5.4B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益OGETTD
| Q4 25 | $5.0B | $2.5B | ||
| Q3 25 | $4.8B | $2.6B | ||
| Q2 25 | $4.6B | $2.7B | ||
| Q1 25 | $4.6B | $2.7B | ||
| Q4 24 | $4.6B | $2.9B | ||
| Q3 24 | $4.6B | $2.6B | ||
| Q2 24 | $4.5B | $2.4B | ||
| Q1 24 | $4.4B | $2.2B |
总资产OGETTD
| Q4 25 | $14.4B | $6.2B | ||
| Q3 25 | $14.3B | $5.9B | ||
| Q2 25 | $14.1B | $6.0B | ||
| Q1 25 | $14.0B | $5.7B | ||
| Q4 24 | $13.7B | $6.1B | ||
| Q3 24 | $13.5B | $5.5B | ||
| Q2 24 | $13.2B | $5.2B | ||
| Q1 24 | $12.9B | $4.7B |
负债/权益比OGETTD
| Q4 25 | 1.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.09× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $384.8M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $83.1M | $285.3M |
| 自由现金流率自由现金流/营收 | 11.8% | 33.7% |
| 资本支出强度资本支出/营收 | 43.0% | 3.1% |
| 现金转化率经营现金流/净利润 | 5.56× | 1.67× |
| 过去12个月自由现金流最近4个季度 | $82.7M | $795.7M |
8季度趋势，按日历期对齐
经营现金流OGETTD
| Q4 25 | $384.8M | $311.6M | ||
| Q3 25 | $397.8M | $224.7M | ||
| Q2 25 | $338.6M | $165.0M | ||
| Q1 25 | $15.9M | $291.4M | ||
| Q4 24 | $129.6M | $199.4M | ||
| Q3 24 | $347.1M | $273.3M | ||
| Q2 24 | $253.1M | $81.3M | ||
| Q1 24 | $83.0M | $185.5M |
自由现金流OGETTD
| Q4 25 | $83.1M | $285.3M | ||
| Q3 25 | $168.3M | $158.3M | ||
| Q2 25 | $64.9M | $119.8M | ||
| Q1 25 | $-233.6M | $232.3M | ||
| Q4 24 | $-167.0M | $179.2M | ||
| Q3 24 | $103.0M | $224.6M | ||
| Q2 24 | $-70.2M | $59.1M | ||
| Q1 24 | $-143.9M | $178.2M |
自由现金流率OGETTD
| Q4 25 | 11.8% | 33.7% | ||
| Q3 25 | 16.4% | 21.4% | ||
| Q2 25 | 9.0% | 17.3% | ||
| Q1 25 | -31.5% | 37.7% | ||
| Q4 24 | -22.4% | 24.2% | ||
| Q3 24 | 10.9% | 35.8% | ||
| Q2 24 | -10.9% | 10.1% | ||
| Q1 24 | -24.7% | 36.3% |
资本支出强度OGETTD
| Q4 25 | 43.0% | 3.1% | ||
| Q3 25 | 22.3% | 9.0% | ||
| Q2 25 | 38.0% | 6.5% | ||
| Q1 25 | 33.7% | 9.6% | ||
| Q4 24 | 39.8% | 2.7% | ||
| Q3 24 | 25.8% | 7.8% | ||
| Q2 24 | 50.2% | 3.8% | ||
| Q1 24 | 38.9% | 1.5% |
现金转化率OGETTD
| Q4 25 | 5.56× | 1.67× | ||
| Q3 25 | 1.72× | 1.94× | ||
| Q2 25 | 3.15× | 1.83× | ||
| Q1 25 | 0.25× | 5.75× | ||
| Q4 24 | 1.27× | 1.09× | ||
| Q3 24 | 1.59× | 2.90× | ||
| Q2 24 | 2.47× | 0.96× | ||
| Q1 24 | 4.46× | 5.86× |
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
OGE
| Residential | $238.0M | 34% |
| Commercial | $216.6M | 31% |
| Public Authority | $60.7M | 9% |
| Industrial | $59.6M | 8% |
| Oilfield | $56.6M | 8% |
| Transmission | $38.7M | 6% |
| Integrated Market | $20.4M | 3% |
| Other Contractswith Customers | $11.1M | 2% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
