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通用电气医疗（OPCH）与Sunrun Inc.（RUN）财务数据对比。点击上方公司名可切换其他公司
通用电气医疗的季度营收约是Sunrun Inc.的1.3倍（$1.5B vs $1.2B），Sunrun Inc.净利率更高（8.9% vs 4.0%，领先4.9%），Sunrun Inc.同比增速更快（123.5% vs 8.8%），过去两年Sunrun Inc.的营收复合增速更高（59.0% vs 13.1%）
通用电气医疗是总部位于美国伊利诺伊州芝加哥的医疗科技企业，旗下设四大业务板块：医学影像（含分子成像、CT、磁共振、女性健康筛查及X线设备）、超声、患者护理解决方案（覆盖远程患者监测、麻醉呼吸护理、心脏病诊断、婴儿护理等）及制药相关业务。
Sunrun Inc.是美国知名的光伏系统及电池储能产品供应商，业务以服务住宅客户为主，2007年成立，总部位于加利福尼亚州旧金山，致力于为家庭用户提供高效的清洁能源解决方案。
OPCH vs RUN — 直观对比
营收规模更大
OPCH
是对方的1.3倍
$1.2B
营收增速更快
RUN
高出114.7%
8.8%
净利率更高
RUN
高出4.9%
4.0%
两年增速更快
RUN
近两年复合增速
13.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.5B | $1.2B |
| 净利润 | $58.5M | $103.6M |
| 毛利率 | 19.3% | — |
| 营业利润率 | 6.2% | 8.4% |
| 净利率 | 4.0% | 8.9% |
| 营收同比 | 8.8% | 123.5% |
| 净利润同比 | -2.7% | 103.7% |
| 每股收益（稀释后） | $0.37 | $0.38 |
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OPCHRUN
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.4B | $724.6M | ||
| Q2 25 | $1.4B | $569.3M | ||
| Q1 25 | $1.3B | $504.3M | ||
| Q4 24 | $1.3B | $518.5M | ||
| Q3 24 | $1.3B | $537.2M | ||
| Q2 24 | $1.2B | $523.9M | ||
| Q1 24 | $1.1B | $458.2M |
净利润OPCHRUN
| Q4 25 | $58.5M | $103.6M | ||
| Q3 25 | $51.8M | $16.6M | ||
| Q2 25 | $50.5M | $279.8M | ||
| Q1 25 | $46.7M | $50.0M | ||
| Q4 24 | $60.1M | $-2.8B | ||
| Q3 24 | $53.9M | $-83.8M | ||
| Q2 24 | $53.0M | $139.1M | ||
| Q1 24 | $44.8M | $-87.8M |
毛利率OPCHRUN
| Q4 25 | 19.3% | — | ||
| Q3 25 | 19.0% | — | ||
| Q2 25 | 19.0% | — | ||
| Q1 25 | 19.7% | — | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 20.1% | — | ||
| Q2 24 | 20.3% | — | ||
| Q1 24 | 20.8% | — |
营业利润率OPCHRUN
| Q4 25 | 6.2% | 8.4% | ||
| Q3 25 | 5.9% | 0.5% | ||
| Q2 25 | 5.8% | -19.7% | ||
| Q1 25 | 5.9% | -22.8% | ||
| Q4 24 | 6.9% | -628.0% | ||
| Q3 24 | 6.7% | -23.8% | ||
| Q2 24 | 6.6% | -24.4% | ||
| Q1 24 | 6.0% | -40.0% |
净利率OPCHRUN
| Q4 25 | 4.0% | 8.9% | ||
| Q3 25 | 3.6% | 2.3% | ||
| Q2 25 | 3.6% | 49.1% | ||
| Q1 25 | 3.5% | 9.9% | ||
| Q4 24 | 4.8% | -542.7% | ||
| Q3 24 | 4.2% | -15.6% | ||
| Q2 24 | 4.3% | 26.5% | ||
| Q1 24 | 3.9% | -19.2% |
每股收益（稀释后）OPCHRUN
| Q4 25 | $0.37 | $0.38 | ||
| Q3 25 | $0.32 | $0.06 | ||
| Q2 25 | $0.31 | $1.07 | ||
| Q1 25 | $0.28 | $0.20 | ||
| Q4 24 | $0.36 | $-12.59 | ||
| Q3 24 | $0.31 | $-0.37 | ||
| Q2 24 | $0.30 | $0.55 | ||
| Q1 24 | $0.26 | $-0.40 |
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 | $232.6M | — |
| 总债务越低越好 | — | $14.7B |
| 股东权益账面价值 | $1.3B | $3.1B |
| 总资产 | $3.5B | $22.6B |
| 负债/权益比越低杠杆越低 | — | 4.69× |
8季度趋势，按日历期对齐
现金及短期投资OPCHRUN
| Q4 25 | $232.6M | — | ||
| Q3 25 | $309.8M | — | ||
| Q2 25 | $198.8M | — | ||
| Q1 25 | $171.4M | — | ||
| Q4 24 | $412.6M | — | ||
| Q3 24 | $483.0M | — | ||
| Q2 24 | $376.9M | — | ||
| Q1 24 | $219.5M | — |
总债务OPCHRUN
| Q4 25 | — | $14.7B | ||
| Q3 25 | $1.2B | $14.6B | ||
| Q2 25 | $1.1B | $14.0B | ||
| Q1 25 | $1.1B | $13.6B | ||
| Q4 24 | $1.1B | $12.9B | ||
| Q3 24 | $1.1B | $12.5B | ||
| Q2 24 | $1.1B | $12.0B | ||
| Q1 24 | $1.1B | $11.1B |
股东权益OPCHRUN
| Q4 25 | $1.3B | $3.1B | ||
| Q3 25 | $1.4B | $3.0B | ||
| Q2 25 | $1.4B | $2.9B | ||
| Q1 25 | $1.4B | $2.6B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $1.4B | $5.3B | ||
| Q2 24 | $1.4B | $5.4B | ||
| Q1 24 | $1.4B | $5.2B |
总资产OPCHRUN
| Q4 25 | $3.5B | $22.6B | ||
| Q3 25 | $3.5B | $22.2B | ||
| Q2 25 | $3.4B | $21.2B | ||
| Q1 25 | $3.3B | $20.4B | ||
| Q4 24 | $3.4B | $19.9B | ||
| Q3 24 | $3.4B | $22.1B | ||
| Q2 24 | $3.3B | $21.4B | ||
| Q1 24 | $3.2B | $20.8B |
负债/权益比OPCHRUN
| Q4 25 | — | 4.69× | ||
| Q3 25 | 0.86× | 4.90× | ||
| Q2 25 | 0.82× | 4.80× | ||
| Q1 25 | 0.82× | 5.19× | ||
| Q4 24 | 0.79× | 5.05× | ||
| Q3 24 | 0.78× | 2.36× | ||
| Q2 24 | 0.79× | 2.23× | ||
| Q1 24 | 0.74× | 2.15× |
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 | $258.4M | $96.9M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 4.42× | 0.94× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流OPCHRUN
| Q4 25 | $258.4M | $96.9M | ||
| Q3 25 | $139.4M | $-121.5M | ||
| Q2 25 | $90.3M | $-292.7M | ||
| Q1 25 | $-7.2M | $-104.2M | ||
| Q4 24 | $36.1M | $-258.4M | ||
| Q3 24 | $160.4M | $-156.2M | ||
| Q2 24 | $195.7M | $-208.5M | ||
| Q1 24 | $-68.8M | $-143.1M |
自由现金流OPCHRUN
| Q4 25 | — | — | ||
| Q3 25 | $130.2M | — | ||
| Q2 25 | $81.2M | — | ||
| Q1 25 | $-16.6M | — | ||
| Q4 24 | $25.8M | — | ||
| Q3 24 | $150.7M | $-156.4M | ||
| Q2 24 | $185.9M | — | ||
| Q1 24 | $-74.6M | — |
自由现金流率OPCHRUN
| Q4 25 | — | — | ||
| Q3 25 | 9.1% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | -1.2% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 11.8% | -29.1% | ||
| Q2 24 | 15.1% | — | ||
| Q1 24 | -6.5% | — |
资本支出强度OPCHRUN
| Q4 25 | — | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.8% | 0.0% | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.5% | — |
现金转化率OPCHRUN
| Q4 25 | 4.42× | 0.94× | ||
| Q3 25 | 2.69× | -7.33× | ||
| Q2 25 | 1.79× | -1.05× | ||
| Q1 25 | -0.15× | -2.08× | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 2.98× | — | ||
| Q2 24 | 3.69× | -1.50× | ||
| Q1 24 | -1.54× | — |
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
OPCH
暂无分部数据
RUN
| Products | $692.3M | 60% |
| Customer Agreements | $435.2M | 38% |
| Manufactured Product Other | $56.7M | 5% |
| Incentives | $31.3M | 3% |
