vs
Pinnacle West Capital（PNW）与Rackspace Technology, Inc.（RXT）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Rackspace Technology, Inc.的1.7倍（$1.1B vs $682.8M），Pinnacle West Capital净利率更高（1.6% vs -4.8%，领先6.3%），Pinnacle West Capital同比增速更快（3.0% vs -0.4%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $-192.7M），过去两年Pinnacle West Capital的营收复合增速更高（8.9% vs -0.6%）
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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
PNW vs RXT — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $682.8M |
| 净利润 | $17.6M | $-32.7M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 10.7% | -0.5% |
| 净利率 | 1.6% | -4.8% |
| 营收同比 | 3.0% | -0.4% |
| 净利润同比 | 798.0% | 41.6% |
| 每股收益（稀释后） | $0.12 | $-0.13 |
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
| Q4 25 | $1.1B | $682.8M | ||
| Q3 25 | $1.8B | $671.2M | ||
| Q2 25 | $1.4B | $666.3M | ||
| Q1 25 | $1.0B | $665.4M | ||
| Q4 24 | $1.1B | $685.6M | ||
| Q3 24 | $1.8B | $675.8M | ||
| Q2 24 | $1.3B | $684.9M | ||
| Q1 24 | $951.7M | $690.8M |
| Q4 25 | $17.6M | $-32.7M | ||
| Q3 25 | $417.5M | $-67.1M | ||
| Q2 25 | $196.9M | $-54.5M | ||
| Q1 25 | $-338.0K | $-71.5M | ||
| Q4 24 | $-2.5M | $-56.0M | ||
| Q3 24 | $399.3M | $-186.6M | ||
| Q2 24 | $208.1M | $25.0M | ||
| Q1 24 | $21.2M | $-640.6M |
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 19.2% |
| Q4 25 | 10.7% | -0.5% | ||
| Q3 25 | 32.0% | -5.1% | ||
| Q2 25 | 22.6% | -3.8% | ||
| Q1 25 | 5.5% | -5.8% | ||
| Q4 24 | 7.7% | -4.2% | ||
| Q3 24 | 30.9% | -25.7% | ||
| Q2 24 | 24.0% | -7.9% | ||
| Q1 24 | 7.0% | -94.5% |
| Q4 25 | 1.6% | -4.8% | ||
| Q3 25 | 22.9% | -10.0% | ||
| Q2 25 | 14.5% | -8.2% | ||
| Q1 25 | -0.0% | -10.7% | ||
| Q4 24 | -0.2% | -8.2% | ||
| Q3 24 | 22.6% | -27.6% | ||
| Q2 24 | 15.9% | 3.7% | ||
| Q1 24 | 2.2% | -92.7% |
| Q4 25 | $0.12 | $-0.13 | ||
| Q3 25 | $3.39 | $-0.28 | ||
| Q2 25 | $1.58 | $-0.23 | ||
| Q1 25 | $-0.04 | $-0.31 | ||
| Q4 24 | $-0.04 | $-0.20 | ||
| Q3 24 | $3.37 | $-0.82 | ||
| Q2 24 | $1.76 | $0.11 | ||
| Q1 24 | $0.15 | $-2.91 |
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 | $105.8M |
| 总债务越低越好 | — | $2.7B |
| 股东权益账面价值 | $7.0B | $-1.2B |
| 总资产 | $30.0B | $2.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $6.6M | $105.8M | ||
| Q3 25 | $30.9M | $99.5M | ||
| Q2 25 | $18.8M | $103.9M | ||
| Q1 25 | $10.0M | $128.0M | ||
| Q4 24 | $3.8M | $144.0M | ||
| Q3 24 | $49.2M | $157.1M | ||
| Q2 24 | $4.0M | $190.2M | ||
| Q1 24 | $9.6M | $282.6M |
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $2.8B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.9B | ||
| Q1 24 | — | $3.0B |
| Q4 25 | $7.0B | $-1.2B | ||
| Q3 25 | $7.2B | $-1.2B | ||
| Q2 25 | $6.7B | $-1.1B | ||
| Q1 25 | $6.7B | $-1.1B | ||
| Q4 24 | $6.8B | $-1.0B | ||
| Q3 24 | $6.6B | $-949.7M | ||
| Q2 24 | $6.2B | $-756.2M | ||
| Q1 24 | $6.2B | $-787.2M |
| Q4 25 | $30.0B | $2.8B | ||
| Q3 25 | $29.9B | $2.8B | ||
| Q2 25 | $29.2B | $2.9B | ||
| Q1 25 | $27.2B | $3.0B | ||
| Q4 24 | $26.1B | $3.1B | ||
| Q3 24 | $26.3B | $3.1B | ||
| Q2 24 | $25.7B | $3.4B | ||
| Q1 24 | $24.8B | $3.5B |
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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $-192.7M | $56.0M |
| 自由现金流率自由现金流/营收 | -17.1% | 8.2% |
| 资本支出强度资本支出/营收 | 59.3% | 0.5% |
| 现金转化率经营现金流/净利润 | 27.09× | — |
| 过去12个月自由现金流最近4个季度 | $-819.5M | $90.6M |
8季度趋势，按日历期对齐
| Q4 25 | $476.8M | $59.7M | ||
| Q3 25 | $665.0M | $70.7M | ||
| Q2 25 | $261.4M | $8.4M | ||
| Q1 25 | $401.9M | $12.6M | ||
| Q4 24 | $439.5M | $54.3M | ||
| Q3 24 | $633.2M | $51.8M | ||
| Q2 24 | $189.8M | $24.1M | ||
| Q1 24 | $347.4M | $-90.3M |
| Q4 25 | $-192.7M | $56.0M | ||
| Q3 25 | $42.0M | $42.7M | ||
| Q2 25 | $-448.1M | $-12.4M | ||
| Q1 25 | $-220.7M | $4.3M | ||
| Q4 24 | $-92.1M | $34.4M | ||
| Q3 24 | $-32.7M | $27.3M | ||
| Q2 24 | $-344.2M | $-14.5M | ||
| Q1 24 | $-170.4M | $-118.4M |
| Q4 25 | -17.1% | 8.2% | ||
| Q3 25 | 2.3% | 6.4% | ||
| Q2 25 | -33.0% | -1.9% | ||
| Q1 25 | -21.4% | 0.6% | ||
| Q4 24 | -8.4% | 5.0% | ||
| Q3 24 | -1.8% | 4.0% | ||
| Q2 24 | -26.3% | -2.1% | ||
| Q1 24 | -17.9% | -17.1% |
| Q4 25 | 59.3% | 0.5% | ||
| Q3 25 | 34.2% | 4.2% | ||
| Q2 25 | 52.2% | 3.1% | ||
| Q1 25 | 60.3% | 1.2% | ||
| Q4 24 | 48.5% | 2.9% | ||
| Q3 24 | 37.6% | 3.6% | ||
| Q2 24 | 40.8% | 5.6% | ||
| Q1 24 | 54.4% | 4.1% |
| Q4 25 | 27.09× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.33× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.59× | — | ||
| Q2 24 | 0.91× | 0.96× | ||
| Q1 24 | 16.41× | — |
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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
