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Public Service Enterprise Group（PEG）与Via Renewables, Inc.（VIASP）财务数据对比。点击上方公司名可切换其他公司
Public Service Enterprise Group的季度营收约是Via Renewables, Inc.的22.8倍（$2.9B vs $127.8M）。Public Service Enterprise Group净利率更高（10.8% vs 5.4%，领先5.4%）。Via Renewables, Inc.同比增速更快（22.5% vs 18.3%）。Via Renewables, Inc.自由现金流更多（$-4.8M vs $-408.0M）。过去两年Via Renewables, Inc.的营收复合增速更高（5.9% vs 2.8%）
PSEG（Public Service Enterprise Group）是一家公开上市的能源企业，1985年正式成立，发展渊源可追溯至1903年，自创立以来总部始终位于美国新泽西州纽瓦克市，深耕能源领域多年，在北美能源市场拥有稳定的行业地位与市场份额。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
PEG vs VIASP — 直观对比
营收规模更大
PEG
是对方的22.8倍
$127.8M
营收增速更快
VIASP
高出4.3%
18.3%
净利率更高
PEG
高出5.4%
5.4%
自由现金流更多
VIASP
多$403.2M
$-408.0M
两年增速更快
VIASP
近两年复合增速
2.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $127.8M |
| 净利润 | $315.0M | $6.9M |
| 毛利率 | — | 34.4% |
| 营业利润率 | 17.5% | 15.2% |
| 净利率 | 10.8% | 5.4% |
| 营收同比 | 18.3% | 22.5% |
| 净利润同比 | 10.1% | -30.9% |
| 每股收益（稀释后） | $0.63 | $1.19 |
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PEGVIASP
| Q4 25 | $2.9B | $127.8M | ||
| Q3 25 | $3.2B | $103.3M | ||
| Q2 25 | $2.8B | $90.0M | ||
| Q1 25 | $3.2B | $142.3M | ||
| Q4 24 | $2.5B | $104.3M | ||
| Q3 24 | $2.6B | $93.8M | ||
| Q2 24 | $2.4B | $86.7M | ||
| Q1 24 | $2.8B | $114.1M |
净利润PEGVIASP
| Q4 25 | $315.0M | $6.9M | ||
| Q3 25 | $622.0M | $757.0K | ||
| Q2 25 | $585.0M | $2.7M | ||
| Q1 25 | $589.0M | $8.8M | ||
| Q4 24 | $286.0M | $9.9M | ||
| Q3 24 | $520.0M | $2.1M | ||
| Q2 24 | $434.0M | $7.6M | ||
| Q1 24 | $532.0M | $8.6M |
毛利率PEGVIASP
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | 51.9% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 50.4% | ||
| Q1 24 | — | 39.5% |
营业利润率PEGVIASP
| Q4 25 | 17.5% | 15.2% | ||
| Q3 25 | 26.5% | 3.1% | ||
| Q2 25 | 29.1% | 6.7% | ||
| Q1 25 | 24.7% | 17.5% | ||
| Q4 24 | 18.1% | 31.5% | ||
| Q3 24 | 24.3% | 5.3% | ||
| Q2 24 | 24.0% | 23.8% | ||
| Q1 24 | 24.8% | 22.6% |
净利率PEGVIASP
| Q4 25 | 10.8% | 5.4% | ||
| Q3 25 | 19.3% | 0.7% | ||
| Q2 25 | 20.9% | 3.0% | ||
| Q1 25 | 18.3% | 6.2% | ||
| Q4 24 | 11.6% | 9.5% | ||
| Q3 24 | 19.7% | 2.3% | ||
| Q2 24 | 17.9% | 8.8% | ||
| Q1 24 | 19.3% | 7.5% |
每股收益（稀释后）PEGVIASP
| Q4 25 | $0.63 | $1.19 | ||
| Q3 25 | $1.24 | $-0.41 | ||
| Q2 25 | $1.17 | $0.09 | ||
| Q1 25 | $1.18 | $1.83 | ||
| Q4 24 | $0.57 | $2.33 | ||
| Q3 24 | $1.04 | $-0.17 | ||
| Q2 24 | $0.87 | $1.51 | ||
| Q1 24 | $1.06 | $1.81 |
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 | $132.0M | $41.8M |
| 总债务越低越好 | $22.5B | $120.0M |
| 股东权益账面价值 | $17.0B | $67.7M |
| 总资产 | $57.6B | $331.3M |
| 负债/权益比越低杠杆越低 | 1.33× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资PEGVIASP
| Q4 25 | $132.0M | $41.8M | ||
| Q3 25 | $334.0M | $53.6M | ||
| Q2 25 | $186.0M | $62.1M | ||
| Q1 25 | $894.0M | $64.7M | ||
| Q4 24 | $125.0M | $53.1M | ||
| Q3 24 | $203.0M | $66.6M | ||
| Q2 24 | $113.0M | $53.6M | ||
| Q1 24 | $1.2B | $50.4M |
总债务PEGVIASP
| Q4 25 | $22.5B | $120.0M | ||
| Q3 25 | $22.5B | $105.0M | ||
| Q2 25 | $22.6B | $100.0M | ||
| Q1 25 | $23.0B | $101.0M | ||
| Q4 24 | $21.1B | $106.0M | ||
| Q3 24 | $21.4B | $89.0M | ||
| Q2 24 | $20.5B | $93.0M | ||
| Q1 24 | $21.3B | $91.0M |
股东权益PEGVIASP
| Q4 25 | $17.0B | $67.7M | ||
| Q3 25 | $17.0B | $63.7M | ||
| Q2 25 | $16.7B | $68.2M | ||
| Q1 25 | $16.4B | $72.7M | ||
| Q4 24 | $16.1B | $66.7M | ||
| Q3 24 | $16.1B | $58.2M | ||
| Q2 24 | $15.8B | $58.3M | ||
| Q1 24 | $15.7B | $53.2M |
总资产PEGVIASP
| Q4 25 | $57.6B | $331.3M | ||
| Q3 25 | $56.9B | $304.8M | ||
| Q2 25 | $56.0B | $316.3M | ||
| Q1 25 | $55.6B | $347.4M | ||
| Q4 24 | $54.6B | $344.9M | ||
| Q3 24 | $54.1B | $298.4M | ||
| Q2 24 | $52.4B | $299.7M | ||
| Q1 24 | $52.4B | $302.7M |
负债/权益比PEGVIASP
| Q4 25 | 1.33× | 1.77× | ||
| Q3 25 | 1.33× | 1.65× | ||
| Q2 25 | 1.36× | 1.47× | ||
| Q1 25 | 1.40× | 1.39× | ||
| Q4 24 | 1.31× | 1.59× | ||
| Q3 24 | 1.33× | 1.53× | ||
| Q2 24 | 1.30× | 1.60× | ||
| Q1 24 | 1.35× | 1.71× |
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 | $721.0M | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | $-408.0M | $-4.8M |
| 自由现金流率自由现金流/营收 | -14.0% | -3.7% |
| 资本支出强度资本支出/营收 | 38.7% | 0.4% |
| 现金转化率经营现金流/净利润 | 2.29× | -0.61× |
| 过去12个月自由现金流最近4个季度 | $26.0M | $39.1M |
8季度趋势，按日历期对齐
经营现金流PEGVIASP
| Q4 25 | $721.0M | $-4.2M | ||
| Q3 25 | $1.1B | $2.4M | ||
| Q2 25 | $478.0M | $19.0M | ||
| Q1 25 | $1.0B | $24.9M | ||
| Q4 24 | $367.0M | $2.0M | ||
| Q3 24 | $623.0M | $20.1M | ||
| Q2 24 | $482.0M | $11.2M | ||
| Q1 24 | $661.0M | $17.1M |
自由现金流PEGVIASP
| Q4 25 | $-408.0M | $-4.8M | ||
| Q3 25 | $322.0M | $1.9M | ||
| Q2 25 | $-309.0M | $18.4M | ||
| Q1 25 | $421.0M | $23.5M | ||
| Q4 24 | $-611.0M | $1.6M | ||
| Q3 24 | $-145.0M | $19.7M | ||
| Q2 24 | $-355.0M | $10.9M | ||
| Q1 24 | $-136.0M | $16.6M |
自由现金流率PEGVIASP
| Q4 25 | -14.0% | -3.7% | ||
| Q3 25 | 10.0% | 1.9% | ||
| Q2 25 | -11.0% | 20.5% | ||
| Q1 25 | 13.1% | 16.5% | ||
| Q4 24 | -24.8% | 1.5% | ||
| Q3 24 | -5.5% | 21.0% | ||
| Q2 24 | -14.7% | 12.6% | ||
| Q1 24 | -4.9% | 14.6% |
资本支出强度PEGVIASP
| Q4 25 | 38.7% | 0.4% | ||
| Q3 25 | 22.6% | 0.4% | ||
| Q2 25 | 28.1% | 0.6% | ||
| Q1 25 | 19.5% | 1.0% | ||
| Q4 24 | 39.7% | 0.4% | ||
| Q3 24 | 29.1% | 0.4% | ||
| Q2 24 | 34.5% | 0.3% | ||
| Q1 24 | 28.9% | 0.4% |
现金转化率PEGVIASP
| Q4 25 | 2.29× | -0.61× | ||
| Q3 25 | 1.69× | 3.12× | ||
| Q2 25 | 0.82× | 6.94× | ||
| Q1 25 | 1.78× | 2.84× | ||
| Q4 24 | 1.28× | 0.20× | ||
| Q3 24 | 1.20× | 9.41× | ||
| Q2 24 | 1.11× | 1.47× | ||
| Q1 24 | 1.24× | 2.00× |
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
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
