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PG&E Corporation（PCG）与菲利普莫里斯国际（PM）财务数据对比。点击上方公司名可切换其他公司
菲利普莫里斯国际的季度营收约是PG&E Corporation的1.5倍（$10.1B vs $6.9B），菲利普莫里斯国际净利率更高（24.0% vs 12.9%，领先11.2%），PG&E Corporation同比增速更快（15.0% vs 9.1%），过去两年PG&E Corporation的营收复合增速更高（7.2% vs 3.5%）
PG&E Corporation是美国由投资者持有运营的公用事业企业，总部坐落于加利福尼亚州奥克兰市凯撒中心，为加州北部三分之二区域的520万户家庭提供天然气与电力供应服务，服务范围涵盖贝克斯菲尔德、圣巴巴拉县北部，几乎延伸至俄勒冈州与内华达州的州界。
菲利普莫里斯国际是全球头部烟草企业，产品销往180余个国家和地区，旗下万宝路是全球最知名的烟草品牌，2023年第四季度加热不燃烧产品IQOS贡献了最高营收，位列2025年财富美国500强第121位。
PCG vs PM — 直观对比
营收规模更大
PM
是对方的1.5倍
$6.9B
营收增速更快
PCG
高出5.9%
9.1%
净利率更高
PM
高出11.2%
12.9%
两年增速更快
PCG
近两年复合增速
3.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.9B | $10.1B |
| 净利润 | $885.0M | $2.4B |
| 毛利率 | — | 68.1% |
| 营业利润率 | 21.4% | 38.4% |
| 净利率 | 12.9% | 24.0% |
| 营收同比 | 15.0% | 9.1% |
| 净利润同比 | 39.6% | -9.4% |
| 每股收益（稀释后） | $0.39 | $1.56 |
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PCGPM
| Q1 26 | $6.9B | $10.1B | ||
| Q4 25 | $6.8B | $10.4B | ||
| Q3 25 | $6.3B | $10.8B | ||
| Q2 25 | $5.9B | $10.1B | ||
| Q1 25 | $6.0B | $9.3B | ||
| Q4 24 | $6.6B | $9.7B | ||
| Q3 24 | $5.9B | $9.9B | ||
| Q2 24 | $6.0B | $9.5B |
净利润PCGPM
| Q1 26 | $885.0M | $2.4B | ||
| Q4 25 | $670.0M | $2.1B | ||
| Q3 25 | $850.0M | $3.5B | ||
| Q2 25 | $549.0M | $3.0B | ||
| Q1 25 | $634.0M | $2.7B | ||
| Q4 24 | $674.0M | $-579.0M | ||
| Q3 24 | $579.0M | $3.1B | ||
| Q2 24 | $524.0M | $2.4B |
毛利率PCGPM
| Q1 26 | — | 68.1% | ||
| Q4 25 | — | 65.6% | ||
| Q3 25 | — | 67.8% | ||
| Q2 25 | — | 67.7% | ||
| Q1 25 | — | 67.3% | ||
| Q4 24 | — | 64.7% | ||
| Q3 24 | — | 66.0% | ||
| Q2 24 | — | 64.7% |
营业利润率PCGPM
| Q1 26 | 21.4% | 38.4% | ||
| Q4 25 | 18.0% | 32.6% | ||
| Q3 25 | 19.3% | 39.3% | ||
| Q2 25 | 18.6% | 36.6% | ||
| Q1 25 | 20.4% | 38.1% | ||
| Q4 24 | 15.4% | 33.6% | ||
| Q3 24 | 17.3% | 36.9% | ||
| Q2 24 | 18.9% | 36.4% |
净利率PCGPM
| Q1 26 | 12.9% | 24.0% | ||
| Q4 25 | 9.8% | 20.7% | ||
| Q3 25 | 13.6% | 32.1% | ||
| Q2 25 | 9.3% | 30.0% | ||
| Q1 25 | 10.6% | 28.9% | ||
| Q4 24 | 10.2% | -6.0% | ||
| Q3 24 | 9.7% | 31.1% | ||
| Q2 24 | 8.8% | 25.4% |
每股收益（稀释后）PCGPM
| Q1 26 | $0.39 | $1.56 | ||
| Q4 25 | $0.29 | $1.36 | ||
| Q3 25 | $0.37 | $2.23 | ||
| Q2 25 | $0.24 | $1.95 | ||
| Q1 25 | $0.28 | $1.72 | ||
| Q4 24 | $0.30 | $-0.37 | ||
| Q3 24 | $0.27 | $1.97 | ||
| Q2 24 | $0.24 | $1.54 |
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 | — | $5.5B |
| 总债务越低越好 | — | $49.5B |
| 股东权益账面价值 | — | — |
| 总资产 | — | $68.9B |
| 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PCGPM
| Q1 26 | — | $5.5B | ||
| Q4 25 | $713.0M | $4.9B | ||
| Q3 25 | $404.0M | $4.0B | ||
| Q2 25 | $494.0M | $4.1B | ||
| Q1 25 | $2.0B | $4.4B | ||
| Q4 24 | $940.0M | $4.2B | ||
| Q3 24 | $895.0M | $4.3B | ||
| Q2 24 | $1.3B | $4.8B |
总债务PCGPM
| Q1 26 | — | $49.5B | ||
| Q4 25 | $57.4B | $45.1B | ||
| Q3 25 | — | $41.9B | ||
| Q2 25 | — | $42.4B | ||
| Q1 25 | — | $38.8B | ||
| Q4 24 | $53.6B | $42.2B | ||
| Q3 24 | — | $44.2B | ||
| Q2 24 | — | $44.6B |
股东权益PCGPM
| Q1 26 | — | — | ||
| Q4 25 | $32.5B | $-10.0B | ||
| Q3 25 | $32.0B | $-10.9B | ||
| Q2 25 | $31.2B | $-12.0B | ||
| Q1 25 | $30.7B | $-10.9B | ||
| Q4 24 | $30.1B | $-11.8B | ||
| Q3 24 | $26.8B | $-9.7B | ||
| Q2 24 | $26.3B | $-9.7B |
总资产PCGPM
| Q1 26 | — | $68.9B | ||
| Q4 25 | $141.6B | $69.2B | ||
| Q3 25 | $138.2B | $67.1B | ||
| Q2 25 | $136.4B | $68.5B | ||
| Q1 25 | $135.4B | $65.1B | ||
| Q4 24 | $133.7B | $61.8B | ||
| Q3 24 | $132.3B | $66.9B | ||
| Q2 24 | $130.8B | $65.8B |
负债/权益比PCGPM
| Q1 26 | — | — | ||
| Q4 25 | 1.76× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.78× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
PM
暂无分部数据
