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Pinnacle West Capital（PNW）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
Pinnacle West Capital的季度营收约是RANGE RESOURCES CORP的1.4倍（$1.1B vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs 1.6%，领先21.2%），RANGE RESOURCES CORP同比增速更快（18.0% vs 3.0%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% vs 8.9%）
Pinnacle West Capital是美国公用事业控股企业，旗下拥有亚利桑那州规模最大的公用事业公司亚利桑那公共服务（APS）。公司于纽约证券交易所上市，是标普500指数成分股，运营受亚利桑那州公司委员会监管。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
PNW vs RRC — 直观对比
营收规模更大
PNW
是对方的1.4倍
$786.9M
营收增速更快
RRC
高出15.0%
3.0%
净利率更高
RRC
高出21.2%
1.6%
两年增速更快
RRC
近两年复合增速
8.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $786.9M |
| 净利润 | $17.6M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 10.7% | — |
| 净利率 | 1.6% | 22.8% |
| 营收同比 | 3.0% | 18.0% |
| 净利润同比 | 798.0% | 88.8% |
| 每股收益（稀释后） | $0.12 | $0.75 |
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PNWRRC
| Q4 25 | $1.1B | $786.9M | ||
| Q3 25 | $1.8B | $655.3M | ||
| Q2 25 | $1.4B | $699.6M | ||
| Q1 25 | $1.0B | $846.3M | ||
| Q4 24 | $1.1B | $667.0M | ||
| Q3 24 | $1.8B | $567.9M | ||
| Q2 24 | $1.3B | $513.2M | ||
| Q1 24 | $951.7M | $598.8M |
净利润PNWRRC
| Q4 25 | $17.6M | $179.1M | ||
| Q3 25 | $417.5M | $144.3M | ||
| Q2 25 | $196.9M | $237.6M | ||
| Q1 25 | $-338.0K | $97.1M | ||
| Q4 24 | $-2.5M | $94.8M | ||
| Q3 24 | $399.3M | $50.7M | ||
| Q2 24 | $208.1M | $28.7M | ||
| Q1 24 | $21.2M | $92.1M |
毛利率PNWRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率PNWRRC
| Q4 25 | 10.7% | — | ||
| Q3 25 | 32.0% | — | ||
| Q2 25 | 22.6% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 30.9% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 7.0% | — |
净利率PNWRRC
| Q4 25 | 1.6% | 22.8% | ||
| Q3 25 | 22.9% | 22.0% | ||
| Q2 25 | 14.5% | 34.0% | ||
| Q1 25 | -0.0% | 11.5% | ||
| Q4 24 | -0.2% | 14.2% | ||
| Q3 24 | 22.6% | 8.9% | ||
| Q2 24 | 15.9% | 5.6% | ||
| Q1 24 | 2.2% | 15.4% |
每股收益（稀释后）PNWRRC
| Q4 25 | $0.12 | $0.75 | ||
| Q3 25 | $3.39 | $0.60 | ||
| Q2 25 | $1.58 | $0.99 | ||
| Q1 25 | $-0.04 | $0.40 | ||
| Q4 24 | $-0.04 | $0.38 | ||
| Q3 24 | $3.37 | $0.21 | ||
| Q2 24 | $1.76 | $0.12 | ||
| Q1 24 | $0.15 | $0.38 |
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 | $6.6M | $204.0K |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | $7.0B | $4.3B |
| 总资产 | $30.0B | $7.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资PNWRRC
| Q4 25 | $6.6M | $204.0K | ||
| Q3 25 | $30.9M | $175.0K | ||
| Q2 25 | $18.8M | $134.0K | ||
| Q1 25 | $10.0M | $344.6M | ||
| Q4 24 | $3.8M | $304.5M | ||
| Q3 24 | $49.2M | $277.4M | ||
| Q2 24 | $4.0M | $251.1M | ||
| Q1 24 | $9.6M | $343.1M |
总债务PNWRRC
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益PNWRRC
| Q4 25 | $7.0B | $4.3B | ||
| Q3 25 | $7.2B | $4.2B | ||
| Q2 25 | $6.7B | $4.1B | ||
| Q1 25 | $6.7B | $3.9B | ||
| Q4 24 | $6.8B | $3.9B | ||
| Q3 24 | $6.6B | $3.9B | ||
| Q2 24 | $6.2B | $3.9B | ||
| Q1 24 | $6.2B | $3.8B |
总资产PNWRRC
| Q4 25 | $30.0B | $7.4B | ||
| Q3 25 | $29.9B | $7.2B | ||
| Q2 25 | $29.2B | $7.1B | ||
| Q1 25 | $27.2B | $7.4B | ||
| Q4 24 | $26.1B | $7.3B | ||
| Q3 24 | $26.3B | $7.2B | ||
| Q2 24 | $25.7B | $7.3B | ||
| Q1 24 | $24.8B | $7.4B |
负债/权益比PNWRRC
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $476.8M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $-192.7M | — |
| 自由现金流率自由现金流/营收 | -17.1% | — |
| 资本支出强度资本支出/营收 | 59.3% | — |
| 现金转化率经营现金流/净利润 | 27.09× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $-819.5M | — |
8季度趋势，按日历期对齐
经营现金流PNWRRC
| Q4 25 | $476.8M | $257.5M | ||
| Q3 25 | $665.0M | $247.5M | ||
| Q2 25 | $261.4M | $336.2M | ||
| Q1 25 | $401.9M | $330.1M | ||
| Q4 24 | $439.5M | $217.9M | ||
| Q3 24 | $633.2M | $245.9M | ||
| Q2 24 | $189.8M | $148.8M | ||
| Q1 24 | $347.4M | $331.9M |
自由现金流PNWRRC
| Q4 25 | $-192.7M | — | ||
| Q3 25 | $42.0M | — | ||
| Q2 25 | $-448.1M | — | ||
| Q1 25 | $-220.7M | — | ||
| Q4 24 | $-92.1M | — | ||
| Q3 24 | $-32.7M | — | ||
| Q2 24 | $-344.2M | — | ||
| Q1 24 | $-170.4M | — |
自由现金流率PNWRRC
| Q4 25 | -17.1% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | -33.0% | — | ||
| Q1 25 | -21.4% | — | ||
| Q4 24 | -8.4% | — | ||
| Q3 24 | -1.8% | — | ||
| Q2 24 | -26.3% | — | ||
| Q1 24 | -17.9% | — |
资本支出强度PNWRRC
| Q4 25 | 59.3% | — | ||
| Q3 25 | 34.2% | — | ||
| Q2 25 | 52.2% | — | ||
| Q1 25 | 60.3% | — | ||
| Q4 24 | 48.5% | — | ||
| Q3 24 | 37.6% | — | ||
| Q2 24 | 40.8% | — | ||
| Q1 24 | 54.4% | — |
现金转化率PNWRRC
| Q4 25 | 27.09× | 1.44× | ||
| Q3 25 | 1.59× | 1.72× | ||
| Q2 25 | 1.33× | 1.42× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | — | 2.30× | ||
| Q3 24 | 1.59× | 4.85× | ||
| Q2 24 | 0.91× | 5.18× | ||
| Q1 24 | 16.41× | 3.60× |
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
PNW
| Electricand Transmission Service | $1.1B | 100% |
| Other Services | $4.4M | 0% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
