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PPL Corporation（PPL）与Regions Financial Corporation（RF）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是Regions Financial Corporation的1.8倍（$2.3B vs $1.3B），Regions Financial Corporation净利率更高（41.7% vs 11.3%，领先30.4%），PPL Corporation同比增速更快（7.2% vs 4.1%），过去两年Regions Financial Corporation的营收复合增速更高（4.0% vs 1.0%）
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
Regions Financial Corporation是美国银行控股企业，总部位于阿拉巴马州伯明翰市。公司提供零售及商业银行、信托、股票经纪、抵押贷款等服务，旗下银行业务子公司Regions Bank在美国南部和中西部15个州运营约1300家营业网点和2000台自动柜员机，服务大量当地个人及企业客户。
PPL vs RF — 直观对比
营收规模更大
PPL
是对方的1.8倍
$1.3B
营收增速更快
PPL
高出3.1%
4.1%
净利率更高
RF
高出30.4%
11.3%
两年增速更快
RF
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.3B |
| 净利润 | $266.0M | $534.0M |
| 毛利率 | — | — |
| 营业利润率 | 20.3% | 55.3% |
| 净利率 | 11.3% | 41.7% |
| 营收同比 | 7.2% | 4.1% |
| 净利润同比 | 50.3% | 0.0% |
| 每股收益（稀释后） | $0.35 | $0.59 |
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PPLRF
| Q4 25 | $2.3B | $1.3B | ||
| Q3 25 | $2.2B | $1.3B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | $2.5B | $1.2B | ||
| Q4 24 | $2.2B | $1.2B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
净利润PPLRF
| Q4 25 | $266.0M | $534.0M | ||
| Q3 25 | $318.0M | $569.0M | ||
| Q2 25 | $183.0M | $563.0M | ||
| Q1 25 | $414.0M | $490.0M | ||
| Q4 24 | $177.0M | $534.0M | ||
| Q3 24 | $214.0M | $490.0M | ||
| Q2 24 | $190.0M | $501.0M | ||
| Q1 24 | $307.0M | $368.0M |
营业利润率PPLRF
| Q4 25 | 20.3% | 55.3% | ||
| Q3 25 | 25.4% | 56.3% | ||
| Q2 25 | 19.9% | 56.1% | ||
| Q1 25 | 26.6% | 52.0% | ||
| Q4 24 | 17.2% | 53.4% | ||
| Q3 24 | 20.6% | 49.9% | ||
| Q2 24 | 20.8% | 52.7% | ||
| Q1 24 | 23.7% | 39.2% |
净利率PPLRF
| Q4 25 | 11.3% | 41.7% | ||
| Q3 25 | 14.2% | 45.3% | ||
| Q2 25 | 9.0% | 44.7% | ||
| Q1 25 | 16.3% | 41.0% | ||
| Q4 24 | 8.1% | 43.4% | ||
| Q3 24 | 10.3% | 40.2% | ||
| Q2 24 | 10.1% | 42.2% | ||
| Q1 24 | 13.3% | 31.1% |
每股收益（稀释后）PPLRF
| Q4 25 | $0.35 | $0.59 | ||
| Q3 25 | $0.43 | $0.61 | ||
| Q2 25 | $0.25 | $0.59 | ||
| Q1 25 | $0.56 | $0.51 | ||
| Q4 24 | $0.23 | $0.55 | ||
| Q3 24 | $0.29 | $0.49 | ||
| Q2 24 | $0.26 | $0.52 | ||
| Q1 24 | $0.42 | $0.37 |
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 | $1.1B | — |
| 总债务越低越好 | $18.9B | $4.1B |
| 股东权益账面价值 | $14.9B | $19.0B |
| 总资产 | $45.2B | $158.8B |
| 负债/权益比越低杠杆越低 | 1.27× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资PPLRF
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $294.0M | — | ||
| Q1 25 | $312.0M | — | ||
| Q4 24 | $306.0M | — | ||
| Q3 24 | $542.0M | — | ||
| Q2 24 | $282.0M | — | ||
| Q1 24 | $276.0M | — |
总债务PPLRF
| Q4 25 | $18.9B | $4.1B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | $16.5B | $6.0B | ||
| Q3 24 | — | $6.0B | ||
| Q2 24 | — | $5.1B | ||
| Q1 24 | — | $3.3B |
股东权益PPLRF
| Q4 25 | $14.9B | $19.0B | ||
| Q3 25 | $14.4B | $19.0B | ||
| Q2 25 | $14.3B | $18.7B | ||
| Q1 25 | $14.3B | $18.5B | ||
| Q4 24 | $14.1B | $17.9B | ||
| Q3 24 | $14.1B | $18.7B | ||
| Q2 24 | $14.1B | $17.2B | ||
| Q1 24 | $14.1B | $17.0B |
总资产PPLRF
| Q4 25 | $45.2B | $158.8B | ||
| Q3 25 | $43.9B | $159.9B | ||
| Q2 25 | $42.4B | $159.2B | ||
| Q1 25 | $41.8B | $159.8B | ||
| Q4 24 | $41.1B | $157.3B | ||
| Q3 24 | $40.5B | $157.4B | ||
| Q2 24 | $39.8B | $154.1B | ||
| Q1 24 | $39.6B | $154.9B |
负债/权益比PPLRF
| Q4 25 | 1.27× | 0.22× | ||
| Q3 25 | — | 0.25× | ||
| Q2 25 | — | 0.28× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | 1.17× | 0.34× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.20× |
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 | $548.0M | $-319.0M |
| 自由现金流经营现金流 - 资本支出 | $-614.0M | — |
| 自由现金流率自由现金流/营收 | -26.1% | — |
| 资本支出强度资本支出/营收 | 49.5% | — |
| 现金转化率经营现金流/净利润 | 2.06× | -0.60× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | — |
8季度趋势，按日历期对齐
经营现金流PPLRF
| Q4 25 | $548.0M | $-319.0M | ||
| Q3 25 | $966.0M | $861.0M | ||
| Q2 25 | $602.0M | $573.0M | ||
| Q1 25 | $513.0M | $1.1B | ||
| Q4 24 | $511.0M | $-220.0M | ||
| Q3 24 | $781.0M | $1.3B | ||
| Q2 24 | $766.0M | $161.0M | ||
| Q1 24 | $282.0M | $396.0M |
自由现金流PPLRF
| Q4 25 | $-614.0M | — | ||
| Q3 25 | $-179.0M | — | ||
| Q2 25 | $-328.0M | — | ||
| Q1 25 | $-280.0M | — | ||
| Q4 24 | $-349.0M | — | ||
| Q3 24 | $102.0M | — | ||
| Q2 24 | $96.0M | — | ||
| Q1 24 | $-314.0M | — |
自由现金流率PPLRF
| Q4 25 | -26.1% | — | ||
| Q3 25 | -8.0% | — | ||
| Q2 25 | -16.1% | — | ||
| Q1 25 | -11.0% | — | ||
| Q4 24 | -15.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 5.1% | — | ||
| Q1 24 | -13.6% | — |
资本支出强度PPLRF
| Q4 25 | 49.5% | — | ||
| Q3 25 | 51.2% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 31.2% | — | ||
| Q4 24 | 39.3% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 35.8% | — | ||
| Q1 24 | 25.9% | — |
现金转化率PPLRF
| Q4 25 | 2.06× | -0.60× | ||
| Q3 25 | 3.04× | 1.51× | ||
| Q2 25 | 3.29× | 1.02× | ||
| Q1 25 | 1.24× | 2.18× | ||
| Q4 24 | 2.89× | -0.41× | ||
| Q3 24 | 3.65× | 2.57× | ||
| Q2 24 | 4.03× | 0.32× | ||
| Q1 24 | 0.92× | 1.08× |
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
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
RF
| Consumer Bank | $747.0M | 58% |
| Corporate Bank | $487.0M | 38% |
| Wealth Management | $47.0M | 4% |
