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PPL Corporation（PPL）与RPM INTERNATIONAL INC（RPM）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RPM INTERNATIONAL INC的1.2倍（$2.3B vs $1.9B），PPL Corporation净利率更高（11.3% vs 8.4%，领先2.9%），PPL Corporation同比增速更快（7.2% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $-614.0M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% 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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
PPL vs RPM — 直观对比
营收规模更大
PPL
是对方的1.2倍
$1.9B
营收增速更快
PPL
高出3.7%
3.5%
净利率更高
PPL
高出2.9%
8.4%
自由现金流更多
RPM
多$910.4M
$-614.0M
两年增速更快
RPM
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.9B |
| 净利润 | $266.0M | $161.2M |
| 毛利率 | — | 40.8% |
| 营业利润率 | 20.3% | 11.0% |
| 净利率 | 11.3% | 8.4% |
| 营收同比 | 7.2% | 3.5% |
| 净利润同比 | 50.3% | -12.0% |
| 每股收益（稀释后） | $0.35 | $1.26 |
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PPLRPM
| Q4 25 | $2.3B | $1.9B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.2B | $1.8B | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $1.9B | $2.0B | ||
| Q1 24 | $2.3B | $1.5B |
净利润PPLRPM
| Q4 25 | $266.0M | $161.2M | ||
| Q3 25 | $318.0M | $227.6M | ||
| Q2 25 | $183.0M | $225.8M | ||
| Q1 25 | $414.0M | $52.0M | ||
| Q4 24 | $177.0M | $183.2M | ||
| Q3 24 | $214.0M | $227.7M | ||
| Q2 24 | $190.0M | $180.6M | ||
| Q1 24 | $307.0M | $61.2M |
毛利率PPLRPM
| Q4 25 | — | 40.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | — | 42.4% | ||
| Q1 25 | — | 38.4% | ||
| Q4 24 | — | 41.4% | ||
| Q3 24 | — | 42.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 39.9% |
营业利润率PPLRPM
| Q4 25 | 20.3% | 11.0% | ||
| Q3 25 | 25.4% | 14.1% | ||
| Q2 25 | 19.9% | 11.9% | ||
| Q1 25 | 26.6% | 2.8% | ||
| Q4 24 | 17.2% | 11.5% | ||
| Q3 24 | 20.6% | 14.8% | ||
| Q2 24 | 20.8% | 11.9% | ||
| Q1 24 | 23.7% | 5.5% |
净利率PPLRPM
| Q4 25 | 11.3% | 8.4% | ||
| Q3 25 | 14.2% | 10.8% | ||
| Q2 25 | 9.0% | 10.8% | ||
| Q1 25 | 16.3% | 3.5% | ||
| Q4 24 | 8.1% | 9.9% | ||
| Q3 24 | 10.3% | 11.6% | ||
| Q2 24 | 10.1% | 9.0% | ||
| Q1 24 | 13.3% | 4.0% |
每股收益（稀释后）PPLRPM
| Q4 25 | $0.35 | $1.26 | ||
| Q3 25 | $0.43 | $1.77 | ||
| Q2 25 | $0.25 | $1.76 | ||
| Q1 25 | $0.56 | $0.40 | ||
| Q4 24 | $0.23 | $1.42 | ||
| Q3 24 | $0.29 | $1.77 | ||
| Q2 24 | $0.26 | $1.40 | ||
| Q1 24 | $0.42 | $0.47 |
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 | $316.6M |
| 总债务越低越好 | $18.9B | $2.5B |
| 股东权益账面价值 | $14.9B | $3.1B |
| 总资产 | $45.2B | $7.9B |
| 负债/权益比越低杠杆越低 | 1.27× | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资PPLRPM
| Q4 25 | $1.1B | $316.6M | ||
| Q3 25 | $1.1B | $297.1M | ||
| Q2 25 | $294.0M | $302.1M | ||
| Q1 25 | $312.0M | $241.9M | ||
| Q4 24 | $306.0M | $268.7M | ||
| Q3 24 | $542.0M | $231.6M | ||
| Q2 24 | $282.0M | $237.4M | ||
| Q1 24 | $276.0M | $248.9M |
总债务PPLRPM
| Q4 25 | $18.9B | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $16.5B | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益PPLRPM
| Q4 25 | $14.9B | $3.1B | ||
| Q3 25 | $14.4B | $3.1B | ||
| Q2 25 | $14.3B | $2.9B | ||
| Q1 25 | $14.3B | $2.7B | ||
| Q4 24 | $14.1B | $2.7B | ||
| Q3 24 | $14.1B | $2.6B | ||
| Q2 24 | $14.1B | $2.5B | ||
| Q1 24 | $14.1B | $2.3B |
总资产PPLRPM
| Q4 25 | $45.2B | $7.9B | ||
| Q3 25 | $43.9B | $7.9B | ||
| Q2 25 | $42.4B | $7.8B | ||
| Q1 25 | $41.8B | $6.6B | ||
| Q4 24 | $41.1B | $6.7B | ||
| Q3 24 | $40.5B | $6.6B | ||
| Q2 24 | $39.8B | $6.6B | ||
| Q1 24 | $39.6B | $6.4B |
负债/权益比PPLRPM
| Q4 25 | 1.27× | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 1.17× | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $-614.0M | $296.4M |
| 自由现金流率自由现金流/营收 | -26.1% | 15.5% |
| 资本支出强度资本支出/营收 | 49.5% | 2.6% |
| 现金转化率经营现金流/净利润 | 2.06× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $582.9M |
8季度趋势，按日历期对齐
经营现金流PPLRPM
| Q4 25 | $548.0M | $345.7M | ||
| Q3 25 | $966.0M | $237.5M | ||
| Q2 25 | $602.0M | $149.2M | ||
| Q1 25 | $513.0M | $91.5M | ||
| Q4 24 | $511.0M | $279.4M | ||
| Q3 24 | $781.0M | $248.1M | ||
| Q2 24 | $766.0M | $181.2M | ||
| Q1 24 | $282.0M | $173.4M |
自由现金流PPLRPM
| Q4 25 | $-614.0M | $296.4M | ||
| Q3 25 | $-179.0M | $175.0M | ||
| Q2 25 | $-328.0M | $78.2M | ||
| Q1 25 | $-280.0M | $33.3M | ||
| Q4 24 | $-349.0M | $229.5M | ||
| Q3 24 | $102.0M | $197.3M | ||
| Q2 24 | $96.0M | $105.3M | ||
| Q1 24 | $-314.0M | $124.6M |
自由现金流率PPLRPM
| Q4 25 | -26.1% | 15.5% | ||
| Q3 25 | -8.0% | 8.3% | ||
| Q2 25 | -16.1% | 3.8% | ||
| Q1 25 | -11.0% | 2.3% | ||
| Q4 24 | -15.9% | 12.4% | ||
| Q3 24 | 4.9% | 10.0% | ||
| Q2 24 | 5.1% | 5.2% | ||
| Q1 24 | -13.6% | 8.2% |
资本支出强度PPLRPM
| Q4 25 | 49.5% | 2.6% | ||
| Q3 25 | 51.2% | 3.0% | ||
| Q2 25 | 45.6% | 3.4% | ||
| Q1 25 | 31.2% | 3.9% | ||
| Q4 24 | 39.3% | 2.7% | ||
| Q3 24 | 32.7% | 2.6% | ||
| Q2 24 | 35.8% | 3.8% | ||
| Q1 24 | 25.9% | 3.2% |
现金转化率PPLRPM
| Q4 25 | 2.06× | 2.14× | ||
| Q3 25 | 3.04× | 1.04× | ||
| Q2 25 | 3.29× | 0.66× | ||
| Q1 25 | 1.24× | 1.76× | ||
| Q4 24 | 2.89× | 1.53× | ||
| Q3 24 | 3.65× | 1.09× | ||
| Q2 24 | 4.03× | 1.00× | ||
| Q1 24 | 0.92× | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
