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PG&E Corporation（PCG）与Smurfit Westrock（SW）财务数据对比。点击上方公司名可切换其他公司
Smurfit Westrock的季度营收约是PG&E Corporation的1.1倍（$7.7B vs $6.9B），PG&E Corporation净利率更高（12.9% vs 0.8%，领先12.0%），PG&E Corporation同比增速更快（15.0% vs 0.7%），过去两年Smurfit Westrock的营收复合增速更高（61.2% vs 7.2%）
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。
Smurfit Westrock plc是总部位于爱尔兰都柏林的企业，核心业务为生产瓦楞包装及各类纸制包装产品，公司股票同时在纽约证券交易所和伦敦证券交易所挂牌上市。
PCG vs SW — 直观对比
营收规模更大
SW
是对方的1.1倍
$6.9B
营收增速更快
PCG
高出14.3%
0.7%
净利率更高
PCG
高出12.0%
0.8%
两年增速更快
SW
近两年复合增速
7.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $6.9B | $7.7B |
| 净利润 | $885.0M | $63.0M |
| 毛利率 | — | 16.4% |
| 营业利润率 | 21.4% | 3.3% |
| 净利率 | 12.9% | 0.8% |
| 营收同比 | 15.0% | 0.7% |
| 净利润同比 | 39.6% | 0.0% |
| 每股收益（稀释后） | $0.39 | $0.12 |
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PCGSW
| Q1 26 | $6.9B | $7.7B | ||
| Q4 25 | $6.8B | $7.6B | ||
| Q3 25 | $6.3B | $8.0B | ||
| Q2 25 | $5.9B | $7.9B | ||
| Q1 25 | $6.0B | $7.7B | ||
| Q4 24 | $6.6B | $7.5B | ||
| Q3 24 | $5.9B | $7.7B | ||
| Q2 24 | $6.0B | $3.0B |
净利润PCGSW
| Q1 26 | $885.0M | $63.0M | ||
| Q4 25 | $670.0M | $97.0M | ||
| Q3 25 | $850.0M | $246.0M | ||
| Q2 25 | $549.0M | $-28.0M | ||
| Q1 25 | $634.0M | $384.0M | ||
| Q4 24 | $674.0M | $146.0M | ||
| Q3 24 | $579.0M | $-150.0M | ||
| Q2 24 | $524.0M | $132.0M |
毛利率PCGSW
| Q1 26 | — | 16.4% | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 19.1% | ||
| Q3 24 | — | 17.6% | ||
| Q2 24 | — | 23.3% |
营业利润率PCGSW
| Q1 26 | 21.4% | 3.3% | ||
| Q4 25 | 18.0% | 5.1% | ||
| Q3 25 | 19.3% | 6.6% | ||
| Q2 25 | 18.6% | 3.2% | ||
| Q1 25 | 20.4% | 7.2% | ||
| Q4 24 | 15.4% | 5.3% | ||
| Q3 24 | 17.3% | 0.7% | ||
| Q2 24 | 18.9% | 8.2% |
净利率PCGSW
| Q1 26 | 12.9% | 0.8% | ||
| Q4 25 | 9.8% | 1.3% | ||
| Q3 25 | 13.6% | 3.1% | ||
| Q2 25 | 9.3% | -0.4% | ||
| Q1 25 | 10.6% | 5.0% | ||
| Q4 24 | 10.2% | 1.9% | ||
| Q3 24 | 9.7% | -2.0% | ||
| Q2 24 | 8.8% | 4.4% |
每股收益（稀释后）PCGSW
| Q1 26 | $0.39 | $0.12 | ||
| Q4 25 | $0.29 | $0.18 | ||
| Q3 25 | $0.37 | $0.47 | ||
| Q2 25 | $0.24 | $-0.05 | ||
| Q1 25 | $0.28 | $0.73 | ||
| Q4 24 | $0.30 | $-0.12 | ||
| Q3 24 | $0.27 | $-0.30 | ||
| Q2 24 | $0.24 | $0.51 |
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 | — | — |
| 总债务越低越好 | — | $980.0M |
| 股东权益账面价值 | — | $18.1B |
| 总资产 | — | $45.2B |
| 负债/权益比越低杠杆越低 | — | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资PCGSW
| Q1 26 | — | — | ||
| Q4 25 | $713.0M | $892.0M | ||
| Q3 25 | $404.0M | $851.0M | ||
| Q2 25 | $494.0M | $778.0M | ||
| Q1 25 | $2.0B | $797.0M | ||
| Q4 24 | $940.0M | $855.0M | ||
| Q3 24 | $895.0M | — | ||
| Q2 24 | $1.3B | $26.8K |
总债务PCGSW
| Q1 26 | — | $980.0M | ||
| Q4 25 | $57.4B | $13.4B | ||
| Q3 25 | — | $13.3B | ||
| Q2 25 | — | $13.3B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | $53.6B | $12.5B | ||
| Q3 24 | — | $13.2B | ||
| Q2 24 | — | — |
股东权益PCGSW
| Q1 26 | — | $18.1B | ||
| Q4 25 | $32.5B | $18.3B | ||
| Q3 25 | $32.0B | $18.4B | ||
| Q2 25 | $31.2B | $18.3B | ||
| Q1 25 | $30.7B | $17.9B | ||
| Q4 24 | $30.1B | $17.4B | ||
| Q3 24 | $26.8B | $18.0B | ||
| Q2 24 | $26.3B | $14.5K |
总资产PCGSW
| Q1 26 | — | $45.2B | ||
| Q4 25 | $141.6B | $45.2B | ||
| Q3 25 | $138.2B | $45.6B | ||
| Q2 25 | $136.4B | $45.7B | ||
| Q1 25 | $135.4B | $44.6B | ||
| Q4 24 | $133.7B | $43.8B | ||
| Q3 24 | $132.3B | $45.0B | ||
| Q2 24 | $130.8B | $26.8K |
负债/权益比PCGSW
| Q1 26 | — | 0.05× | ||
| Q4 25 | 1.76× | 0.73× | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | 0.73× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | 1.78× | 0.72× | ||
| Q3 24 | — | 0.73× | ||
| Q2 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 | — | $204.0M |
| 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 | — | 3.24× |
| 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PCGSW
| Q1 26 | — | $204.0M | ||
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.9B | $1.1B | ||
| Q2 25 | $1.1B | $829.0M | ||
| Q1 25 | $2.8B | $235.0M | ||
| Q4 24 | $1.9B | $781.0M | ||
| Q3 24 | $3.1B | $320.0M | ||
| Q2 24 | $711.0M | $340.0M |
自由现金流PCGSW
| Q1 26 | — | — | ||
| Q4 25 | $-1.2B | $612.0M | ||
| Q3 25 | $-80.0M | $523.0M | ||
| Q2 25 | $-2.0B | $307.0M | ||
| Q1 25 | $213.0M | $-242.0M | ||
| Q4 24 | $-896.0M | $212.0M | ||
| Q3 24 | $526.0M | $-192.0M | ||
| Q2 24 | $-1.6B | $163.0M |
自由现金流率PCGSW
| Q1 26 | — | — | ||
| Q4 25 | -17.6% | 8.1% | ||
| Q3 25 | -1.3% | 6.5% | ||
| Q2 25 | -34.0% | 3.9% | ||
| Q1 25 | 3.6% | -3.2% | ||
| Q4 24 | -13.5% | 2.8% | ||
| Q3 24 | 8.9% | -2.5% | ||
| Q2 24 | -26.5% | 5.5% |
资本支出强度PCGSW
| Q1 26 | — | — | ||
| Q4 25 | 46.4% | 7.7% | ||
| Q3 25 | 46.9% | 7.6% | ||
| Q2 25 | 52.0% | 6.6% | ||
| Q1 25 | 44.0% | 6.2% | ||
| Q4 24 | 42.6% | 7.5% | ||
| Q3 24 | 43.8% | 6.7% | ||
| Q2 24 | 38.4% | 6.0% |
现金转化率PCGSW
| Q1 26 | — | 3.24× | ||
| Q4 25 | 2.93× | 12.32× | ||
| Q3 25 | 3.35× | 4.61× | ||
| Q2 25 | 1.93× | — | ||
| Q1 25 | 4.49× | 0.61× | ||
| Q4 24 | 2.87× | 5.35× | ||
| Q3 24 | 5.41× | — | ||
| Q2 24 | 1.36× | 2.58× |
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% |
SW
暂无分部数据
