vs
Public Service Enterprise Group（PEG）与施乐（XRX）财务数据对比。点击上方公司名可切换其他公司
Public Service Enterprise Group的季度营收约是施乐的1.4倍（$2.9B vs $2.0B），施乐同比增速更快（25.7% vs 18.3%），施乐自由现金流更多（$192.0M vs $-408.0M），过去两年施乐的营收复合增速更高（16.2% 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。
施乐控股是源自美国的知名办公设备服务商，面向全球超160个国家提供打印机与数码文档相关产品及服务。1959年推出Xerox 914后，施乐成为静电复印市场的开创者，品牌名“xerox”甚至在英语中成为复印的代名词，公司总部现位于美国康涅狄格州诺沃克。
PEG vs XRX — 直观对比
营收规模更大
PEG
是对方的1.4倍
$2.0B
营收增速更快
XRX
高出7.5%
18.3%
自由现金流更多
XRX
多$600.0M
$-408.0M
两年增速更快
XRX
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $2.0B |
| 净利润 | $315.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 17.5% | — |
| 净利率 | 10.8% | — |
| 营收同比 | 18.3% | 25.7% |
| 净利润同比 | 10.1% | — |
| 每股收益（稀释后） | $0.63 | $-0.62 |
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PEGXRX
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | $3.2B | $2.0B | ||
| Q2 25 | $2.8B | $1.6B | ||
| Q1 25 | $3.2B | $1.5B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.8B | $1.5B |
净利润PEGXRX
| Q4 25 | $315.0M | — | ||
| Q3 25 | $622.0M | $-760.0M | ||
| Q2 25 | $585.0M | $-106.0M | ||
| Q1 25 | $589.0M | $-90.0M | ||
| Q4 24 | $286.0M | — | ||
| Q3 24 | $520.0M | $-1.2B | ||
| Q2 24 | $434.0M | $18.0M | ||
| Q1 24 | $532.0M | $-113.0M |
营业利润率PEGXRX
| Q4 25 | 17.5% | — | ||
| Q3 25 | 26.5% | — | ||
| Q2 25 | 29.1% | — | ||
| Q1 25 | 24.7% | — | ||
| Q4 24 | 18.1% | — | ||
| Q3 24 | 24.3% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 24.8% | — |
净利率PEGXRX
| Q4 25 | 10.8% | — | ||
| Q3 25 | 19.3% | -38.8% | ||
| Q2 25 | 20.9% | -6.7% | ||
| Q1 25 | 18.3% | -6.2% | ||
| Q4 24 | 11.6% | — | ||
| Q3 24 | 19.7% | -78.9% | ||
| Q2 24 | 17.9% | 1.1% | ||
| Q1 24 | 19.3% | -7.5% |
每股收益（稀释后）PEGXRX
| Q4 25 | $0.63 | $-0.62 | ||
| Q3 25 | $1.24 | $-6.01 | ||
| Q2 25 | $1.17 | $-0.87 | ||
| Q1 25 | $1.18 | $-0.75 | ||
| Q4 24 | $0.57 | $-0.21 | ||
| Q3 24 | $1.04 | $-9.71 | ||
| Q2 24 | $0.87 | $0.11 | ||
| Q1 24 | $1.06 | $-0.94 |
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 | $512.0M |
| 总债务越低越好 | $22.5B | $4.0B |
| 股东权益账面价值 | $17.0B | $444.0M |
| 总资产 | $57.6B | $9.8B |
| 负债/权益比越低杠杆越低 | 1.33× | 9.05× |
8季度趋势，按日历期对齐
现金及短期投资PEGXRX
| Q4 25 | $132.0M | $512.0M | ||
| Q3 25 | $334.0M | $479.0M | ||
| Q2 25 | $186.0M | $449.0M | ||
| Q1 25 | $894.0M | $336.0M | ||
| Q4 24 | $125.0M | $576.0M | ||
| Q3 24 | $203.0M | $521.0M | ||
| Q2 24 | $113.0M | $485.0M | ||
| Q1 24 | $1.2B | $685.0M |
总债务PEGXRX
| Q4 25 | $22.5B | $4.0B | ||
| Q3 25 | $22.5B | $4.1B | ||
| Q2 25 | $22.6B | $3.5B | ||
| Q1 25 | $23.0B | $2.7B | ||
| Q4 24 | $21.1B | $2.8B | ||
| Q3 24 | $21.4B | $2.8B | ||
| Q2 24 | $20.5B | $3.2B | ||
| Q1 24 | $21.3B | $3.2B |
股东权益PEGXRX
| Q4 25 | $17.0B | $444.0M | ||
| Q3 25 | $17.0B | $365.0M | ||
| Q2 25 | $16.7B | $1.1B | ||
| Q1 25 | $16.4B | $1.1B | ||
| Q4 24 | $16.1B | $1.1B | ||
| Q3 24 | $16.1B | $1.3B | ||
| Q2 24 | $15.8B | $2.4B | ||
| Q1 24 | $15.7B | $2.4B |
总资产PEGXRX
| Q4 25 | $57.6B | $9.8B | ||
| Q3 25 | $56.9B | $10.1B | ||
| Q2 25 | $56.0B | $8.9B | ||
| Q1 25 | $55.6B | $8.2B | ||
| Q4 24 | $54.6B | $8.4B | ||
| Q3 24 | $54.1B | $8.3B | ||
| Q2 24 | $52.4B | $9.5B | ||
| Q1 24 | $52.4B | $9.9B |
负债/权益比PEGXRX
| Q4 25 | 1.33× | 9.05× | ||
| Q3 25 | 1.33× | 11.10× | ||
| Q2 25 | 1.36× | 3.11× | ||
| Q1 25 | 1.40× | 2.56× | ||
| Q4 24 | 1.31× | 2.62× | ||
| Q3 24 | 1.33× | 2.11× | ||
| Q2 24 | 1.30× | 1.34× | ||
| Q1 24 | 1.35× | 1.35× |
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 | $208.0M |
| 自由现金流经营现金流 - 资本支出 | $-408.0M | $192.0M |
| 自由现金流率自由现金流/营收 | -14.0% | 9.5% |
| 资本支出强度资本支出/营收 | 38.7% | 0.8% |
| 现金转化率经营现金流/净利润 | 2.29× | — |
| 过去12个月自由现金流最近4个季度 | $26.0M | $187.0M |
8季度趋势，按日历期对齐
经营现金流PEGXRX
| Q4 25 | $721.0M | $208.0M | ||
| Q3 25 | $1.1B | $116.0M | ||
| Q2 25 | $478.0M | $-11.0M | ||
| Q1 25 | $1.0B | $-89.0M | ||
| Q4 24 | $367.0M | $351.0M | ||
| Q3 24 | $623.0M | $116.0M | ||
| Q2 24 | $482.0M | $123.0M | ||
| Q1 24 | $661.0M | $-79.0M |
自由现金流PEGXRX
| Q4 25 | $-408.0M | $192.0M | ||
| Q3 25 | $322.0M | $104.0M | ||
| Q2 25 | $-309.0M | $-15.0M | ||
| Q1 25 | $421.0M | $-94.0M | ||
| Q4 24 | $-611.0M | $346.0M | ||
| Q3 24 | $-145.0M | $108.0M | ||
| Q2 24 | $-355.0M | $117.0M | ||
| Q1 24 | $-136.0M | $-87.0M |
自由现金流率PEGXRX
| Q4 25 | -14.0% | 9.5% | ||
| Q3 25 | 10.0% | 5.3% | ||
| Q2 25 | -11.0% | -1.0% | ||
| Q1 25 | 13.1% | -6.5% | ||
| Q4 24 | -24.8% | 21.5% | ||
| Q3 24 | -5.5% | 7.1% | ||
| Q2 24 | -14.7% | 7.4% | ||
| Q1 24 | -4.9% | -5.8% |
资本支出强度PEGXRX
| Q4 25 | 38.7% | 0.8% | ||
| Q3 25 | 22.6% | 0.6% | ||
| Q2 25 | 28.1% | 0.3% | ||
| Q1 25 | 19.5% | 0.3% | ||
| Q4 24 | 39.7% | 0.3% | ||
| Q3 24 | 29.1% | 0.5% | ||
| Q2 24 | 34.5% | 0.4% | ||
| Q1 24 | 28.9% | 0.5% |
现金转化率PEGXRX
| Q4 25 | 2.29× | — | ||
| Q3 25 | 1.69× | — | ||
| Q2 25 | 0.82× | — | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.28× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.11× | 6.83× | ||
| Q1 24 | 1.24× | — |
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
PEG
| PSEG Power Other | $1.1B | 37% |
| Electric Distribution Contracts | $929.0M | 32% |
| Gas Distribution Contracts | $840.0M | 29% |
| Other | $71.0M | 2% |
XRX
| Other | $596.0M | 29% |
| Manufactured Product Other | $485.0M | 24% |
| Supplies Paper And Other Sales | $483.0M | 24% |
| IT Solutions Segment | $155.0M | 8% |
| CA | $128.0M | 6% |
| IT Products | $100.0M | 5% |
| Rental And Other | $52.0M | 3% |
| Financial Service | $29.0M | 1% |
