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PLUG POWER INC（PLUG）与WORTHINGTON ENTERPRISES, INC.（WOR）财务数据对比。点击上方公司名可切换其他公司
WORTHINGTON ENTERPRISES, INC.的季度营收约是PLUG POWER INC的1.5倍（$327.5M vs $225.2M），WORTHINGTON ENTERPRISES, INC.净利率更高（8.3% vs -375.6%，领先384.0%），WORTHINGTON ENTERPRISES, INC.同比增速更快（19.5% vs 17.6%），WORTHINGTON ENTERPRISES, INC.自由现金流更多（$39.1M vs $-153.0M）
普拉格能源是一家美国企业，专注于氢燃料电池和电解槽系统的研发，其产品可替代电动设备及车辆所使用的传统电池。公司总部位于纽约州斯林格兰兹，在华盛顿州斯波坎、纽约州罗切斯特均设有生产运营基地。
沃辛顿实业是一家总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑产品两大业务板块，设计生产丙烷、氧气、氦气压力容器，制冷及工业气瓶，露营与家用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等多元化产品。
PLUG vs WOR — 直观对比
营收规模更大
WOR
是对方的1.5倍
$225.2M
营收增速更快
WOR
高出1.9%
17.6%
净利率更高
WOR
高出384.0%
-375.6%
自由现金流更多
WOR
多$192.1M
$-153.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $225.2M | $327.5M |
| 净利润 | $-846.0M | $27.3M |
| 毛利率 | 2.4% | 25.8% |
| 营业利润率 | -338.9% | 3.7% |
| 净利率 | -375.6% | 8.3% |
| 营收同比 | 17.6% | 19.5% |
| 净利润同比 | 36.7% | -3.3% |
| 每股收益（稀释后） | $-0.70 | $0.55 |
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PLUGWOR
| Q4 25 | $225.2M | $327.5M | ||
| Q3 25 | $177.1M | $303.7M | ||
| Q2 25 | $174.0M | — | ||
| Q1 25 | $133.7M | — | ||
| Q4 24 | $191.5M | — | ||
| Q3 24 | $173.7M | — | ||
| Q2 24 | $143.3M | — | ||
| Q1 24 | $120.3M | — |
净利润PLUGWOR
| Q4 25 | $-846.0M | $27.3M | ||
| Q3 25 | $-361.9M | $35.1M | ||
| Q2 25 | $-227.1M | — | ||
| Q1 25 | $-196.7M | — | ||
| Q4 24 | $-1.3B | — | ||
| Q3 24 | $-211.2M | — | ||
| Q2 24 | $-262.3M | — | ||
| Q1 24 | $-295.8M | — |
毛利率PLUGWOR
| Q4 25 | 2.4% | 25.8% | ||
| Q3 25 | -67.9% | 27.1% | ||
| Q2 25 | -30.7% | — | ||
| Q1 25 | -55.3% | — | ||
| Q4 24 | -122.5% | — | ||
| Q3 24 | -57.6% | — | ||
| Q2 24 | -91.6% | — | ||
| Q1 24 | -132.3% | — |
营业利润率PLUGWOR
| Q4 25 | -338.9% | 3.7% | ||
| Q3 25 | -197.0% | 3.0% | ||
| Q2 25 | -101.7% | — | ||
| Q1 25 | -133.5% | — | ||
| Q4 24 | -678.7% | — | ||
| Q3 24 | -124.4% | — | ||
| Q2 24 | -170.7% | — | ||
| Q1 24 | -215.7% | — |
净利率PLUGWOR
| Q4 25 | -375.6% | 8.3% | ||
| Q3 25 | -204.4% | 11.6% | ||
| Q2 25 | -130.5% | — | ||
| Q1 25 | -147.1% | — | ||
| Q4 24 | -697.5% | — | ||
| Q3 24 | -121.5% | — | ||
| Q2 24 | -183.0% | — | ||
| Q1 24 | -245.9% | — |
每股收益（稀释后）PLUGWOR
| Q4 25 | $-0.70 | $0.55 | ||
| Q3 25 | $-0.31 | $0.70 | ||
| Q2 25 | $-0.20 | — | ||
| Q1 25 | $-0.21 | — | ||
| Q4 24 | $-1.61 | — | ||
| Q3 24 | $-0.25 | — | ||
| Q2 24 | $-0.36 | — | ||
| Q1 24 | $-0.46 | — |
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 | $368.5M | $180.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $978.1M | $962.6M |
| 总资产 | $2.6B | $1.8B |
| 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PLUGWOR
| Q4 25 | $368.5M | $180.3M | ||
| Q3 25 | $165.9M | $167.1M | ||
| Q2 25 | $140.7M | — | ||
| Q1 25 | $295.8M | — | ||
| Q4 24 | $205.7M | — | ||
| Q3 24 | $93.9M | — | ||
| Q2 24 | $62.4M | — | ||
| Q1 24 | $172.9M | — |
总债务PLUGWOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $3.9M | — | ||
| Q2 24 | $3.7M | — | ||
| Q1 24 | $3.8M | — |
股东权益PLUGWOR
| Q4 25 | $978.1M | $962.6M | ||
| Q3 25 | $1.4B | $959.1M | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — | ||
| Q1 24 | $2.9B | — |
总资产PLUGWOR
| Q4 25 | $2.6B | $1.8B | ||
| Q3 25 | $3.1B | $1.7B | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.6B | — | ||
| Q4 24 | $3.6B | — | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | $4.8B | — | ||
| Q1 24 | $4.8B | — |
负债/权益比PLUGWOR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $-148.6M | $51.5M |
| 自由现金流经营现金流 - 资本支出 | $-153.0M | $39.1M |
| 自由现金流率自由现金流/营收 | -67.9% | 11.9% |
| 资本支出强度资本支出/营收 | 1.9% | 3.8% |
| 现金转化率经营现金流/净利润 | — | 1.89× |
| 过去12个月自由现金流最近4个季度 | $-647.0M | — |
8季度趋势，按日历期对齐
经营现金流PLUGWOR
| Q4 25 | $-148.6M | $51.5M | ||
| Q3 25 | $-89.8M | $41.1M | ||
| Q2 25 | $-191.8M | — | ||
| Q1 25 | $-105.6M | — | ||
| Q4 24 | $-131.2M | — | ||
| Q3 24 | $-174.9M | — | ||
| Q2 24 | $-254.7M | — | ||
| Q1 24 | $-167.7M | — |
自由现金流PLUGWOR
| Q4 25 | $-153.0M | $39.1M | ||
| Q3 25 | $-117.5M | $27.9M | ||
| Q2 25 | $-230.4M | — | ||
| Q1 25 | $-146.0M | — | ||
| Q4 24 | $-165.2M | — | ||
| Q3 24 | $-234.2M | — | ||
| Q2 24 | $-356.0M | — | ||
| Q1 24 | $-260.3M | — |
自由现金流率PLUGWOR
| Q4 25 | -67.9% | 11.9% | ||
| Q3 25 | -66.4% | 9.2% | ||
| Q2 25 | -132.5% | — | ||
| Q1 25 | -109.2% | — | ||
| Q4 24 | -86.3% | — | ||
| Q3 24 | -134.8% | — | ||
| Q2 24 | -248.4% | — | ||
| Q1 24 | -216.5% | — |
资本支出强度PLUGWOR
| Q4 25 | 1.9% | 3.8% | ||
| Q3 25 | 15.6% | 4.3% | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 30.3% | — | ||
| Q4 24 | 17.7% | — | ||
| Q3 24 | 34.1% | — | ||
| Q2 24 | 70.7% | — | ||
| Q1 24 | 77.0% | — |
现金转化率PLUGWOR
| Q4 25 | — | 1.89× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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
PLUG
| Sales Of Equipment And Related Infrastructure | $111.6M | 50% |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $41.5M | 18% |
| Power Purchase Agreements | $36.1M | 16% |
| Sale Of Cryogenic Equipment | $20.0M | 9% |
| Sales Of Fuel Cell Systems | $11.2M | 5% |
| Other | $4.8M | 2% |
WOR
| Building Products | $207.5M | 63% |
| Equity Method Investment Nonconsolidated Investee Other | $120.7M | 37% |
