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PPL Corporation（PPL）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是PPL Corporation的1.1倍（$2.7B vs $2.3B），PPL Corporation净利率更高（11.3% vs 2.5%，领先8.8%），Rocket Companies, Inc.同比增速更快（52.2% vs 7.2%），PPL Corporation自由现金流更多（$-614.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
PPL vs RKT — 直观对比
营收规模更大
RKT
是对方的1.1倍
$2.3B
营收增速更快
RKT
高出44.9%
7.2%
净利率更高
PPL
高出8.8%
2.5%
自由现金流更多
PPL
多$655.6M
$-1.3B
两年增速更快
RKT
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $2.7B |
| 净利润 | $266.0M | $68.0M |
| 毛利率 | — | — |
| 营业利润率 | 20.3% | 6.3% |
| 净利率 | 11.3% | 2.5% |
| 营收同比 | 7.2% | 52.2% |
| 净利润同比 | 50.3% | 100.8% |
| 每股收益（稀释后） | $0.35 | $0.10 |
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PPLRKT
| Q4 25 | $2.3B | $2.7B | ||
| Q3 25 | $2.2B | $1.6B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $2.5B | $1.0B | ||
| Q4 24 | $2.2B | $1.8B | ||
| Q3 24 | $2.1B | $646.9M | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $2.3B | $1.4B |
净利润PPLRKT
| Q4 25 | $266.0M | $68.0M | ||
| Q3 25 | $318.0M | $-123.9M | ||
| Q2 25 | $183.0M | $-1.8M | ||
| Q1 25 | $414.0M | $-10.4M | ||
| Q4 24 | $177.0M | $33.9M | ||
| Q3 24 | $214.0M | $-22.0M | ||
| Q2 24 | $190.0M | $1.3M | ||
| Q1 24 | $307.0M | $16.2M |
毛利率PPLRKT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 58.9% | ||
| Q3 24 | — | -8.4% | ||
| Q2 24 | — | 47.4% | ||
| Q1 24 | — | 51.2% |
营业利润率PPLRKT
| Q4 25 | 20.3% | 6.3% | ||
| Q3 25 | 25.4% | -11.5% | ||
| Q2 25 | 19.9% | 1.8% | ||
| Q1 25 | 26.6% | -21.5% | ||
| Q4 24 | 17.2% | 38.1% | ||
| Q3 24 | 20.6% | -76.9% | ||
| Q2 24 | 20.8% | 14.8% | ||
| Q1 24 | 23.7% | 21.6% |
净利率PPLRKT
| Q4 25 | 11.3% | 2.5% | ||
| Q3 25 | 14.2% | -7.7% | ||
| Q2 25 | 9.0% | -0.1% | ||
| Q1 25 | 16.3% | -1.0% | ||
| Q4 24 | 8.1% | 1.9% | ||
| Q3 24 | 10.3% | -3.4% | ||
| Q2 24 | 10.1% | 0.1% | ||
| Q1 24 | 13.3% | 1.2% |
每股收益（稀释后）PPLRKT
| Q4 25 | $0.35 | $0.10 | ||
| Q3 25 | $0.43 | $-0.06 | ||
| Q2 25 | $0.25 | $-0.01 | ||
| Q1 25 | $0.56 | $-0.08 | ||
| Q4 24 | $0.23 | $0.28 | ||
| Q3 24 | $0.29 | $-0.19 | ||
| Q2 24 | $0.26 | $0.01 | ||
| Q1 24 | $0.42 | $0.11 |
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 | $2.7B |
| 总债务越低越好 | $18.9B | — |
| 股东权益账面价值 | $14.9B | $22.9B |
| 总资产 | $45.2B | $60.7B |
| 负债/权益比越低杠杆越低 | 1.27× | — |
8季度趋势，按日历期对齐
现金及短期投资PPLRKT
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $1.1B | $5.8B | ||
| Q2 25 | $294.0M | $5.1B | ||
| Q1 25 | $312.0M | $1.4B | ||
| Q4 24 | $306.0M | $1.3B | ||
| Q3 24 | $542.0M | $1.2B | ||
| Q2 24 | $282.0M | $1.3B | ||
| Q1 24 | $276.0M | $861.4M |
总债务PPLRKT
| Q4 25 | $18.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $16.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益PPLRKT
| Q4 25 | $14.9B | $22.9B | ||
| Q3 25 | $14.4B | $8.9B | ||
| Q2 25 | $14.3B | $7.4B | ||
| Q1 25 | $14.3B | $8.6B | ||
| Q4 24 | $14.1B | $9.0B | ||
| Q3 24 | $14.1B | $8.4B | ||
| Q2 24 | $14.1B | $8.8B | ||
| Q1 24 | $14.1B | $8.6B |
总资产PPLRKT
| Q4 25 | $45.2B | $60.7B | ||
| Q3 25 | $43.9B | $33.6B | ||
| Q2 25 | $42.4B | $30.4B | ||
| Q1 25 | $41.8B | $25.3B | ||
| Q4 24 | $41.1B | $24.5B | ||
| Q3 24 | $40.5B | $25.1B | ||
| Q2 24 | $39.8B | $23.6B | ||
| Q1 24 | $39.6B | $22.2B |
负债/权益比PPLRKT
| Q4 25 | 1.27× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $-614.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | -26.1% | -47.2% |
| 资本支出强度资本支出/营收 | 49.5% | 1.5% |
| 现金转化率经营现金流/净利润 | 2.06× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流PPLRKT
| Q4 25 | $548.0M | $-1.2B | ||
| Q3 25 | $966.0M | $-50.3M | ||
| Q2 25 | $602.0M | $-1.9B | ||
| Q1 25 | $513.0M | $-797.0M | ||
| Q4 24 | $511.0M | $1.8B | ||
| Q3 24 | $781.0M | $-1.3B | ||
| Q2 24 | $766.0M | $-122.3M | ||
| Q1 24 | $282.0M | $-3.0B |
自由现金流PPLRKT
| Q4 25 | $-614.0M | $-1.3B | ||
| Q3 25 | $-179.0M | $-71.8M | ||
| Q2 25 | $-328.0M | $-1.9B | ||
| Q1 25 | $-280.0M | $-811.0M | ||
| Q4 24 | $-349.0M | $1.8B | ||
| Q3 24 | $102.0M | $-1.4B | ||
| Q2 24 | $96.0M | $-138.3M | ||
| Q1 24 | $-314.0M | $-3.0B |
自由现金流率PPLRKT
| Q4 25 | -26.1% | -47.2% | ||
| Q3 25 | -8.0% | -4.5% | ||
| Q2 25 | -16.1% | -137.2% | ||
| Q1 25 | -11.0% | -78.2% | ||
| Q4 24 | -15.9% | 103.1% | ||
| Q3 24 | 4.9% | -209.6% | ||
| Q2 24 | 5.1% | -10.6% | ||
| Q1 24 | -13.6% | -218.7% |
资本支出强度PPLRKT
| Q4 25 | 49.5% | 1.5% | ||
| Q3 25 | 51.2% | 1.3% | ||
| Q2 25 | 45.6% | 1.1% | ||
| Q1 25 | 31.2% | 1.4% | ||
| Q4 24 | 39.3% | 1.1% | ||
| Q3 24 | 32.7% | 2.9% | ||
| Q2 24 | 35.8% | 1.2% | ||
| Q1 24 | 25.9% | 1.0% |
现金转化率PPLRKT
| Q4 25 | 2.06× | -18.08× | ||
| Q3 25 | 3.04× | — | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 2.89× | 54.42× | ||
| Q3 24 | 3.65× | — | ||
| Q2 24 | 4.03× | -94.46× | ||
| Q1 24 | 0.92× | -185.80× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
