vs
PPL Corporation（PPL）与史密斯菲尔德食品（SFD）财务数据对比。点击上方公司名可切换其他公司
史密斯菲尔德食品的季度营收约是PPL Corporation的1.6倍（$3.8B vs $2.3B），PPL Corporation净利率更高（11.3% vs 6.6%，领先4.8%），PPL Corporation同比增速更快（7.2% vs 0.8%），过去两年史密斯菲尔德食品的营收复合增速更高（6.8% 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。
史密斯菲尔德食品是全球规模最大的生猪养殖与猪肉加工企业，1936年由卢特父子创立，总部位于美国弗吉尼亚州史密斯菲尔德，现隶属于香港企业。公司在美国自营超500个农场，还与2000余家独立农场合作养殖生猪，业务覆盖墨西哥、波兰、德国等多个海外市场。
PPL vs SFD — 直观对比
营收规模更大
SFD
是对方的1.6倍
$2.3B
营收增速更快
PPL
高出6.4%
0.8%
净利率更高
PPL
高出4.8%
6.6%
两年增速更快
SFD
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $3.8B |
| 净利润 | $266.0M | $249.0M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 20.3% | 8.8% |
| 净利率 | 11.3% | 6.6% |
| 营收同比 | 7.2% | 0.8% |
| 净利润同比 | 50.3% | 9.8% |
| 每股收益（稀释后） | $0.35 | — |
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PPLSFD
| Q1 26 | — | $3.8B | ||
| Q4 25 | $2.3B | $4.2B | ||
| Q3 25 | $2.2B | $3.7B | ||
| Q2 25 | $2.0B | $3.8B | ||
| Q1 25 | $2.5B | $3.8B | ||
| Q4 24 | $2.2B | $4.0B | ||
| Q3 24 | $2.1B | $3.3B | ||
| Q2 24 | $1.9B | — |
净利润PPLSFD
| Q1 26 | — | $249.0M | ||
| Q4 25 | $266.0M | $327.0M | ||
| Q3 25 | $318.0M | $248.0M | ||
| Q2 25 | $183.0M | $188.0M | ||
| Q1 25 | $414.0M | $224.0M | ||
| Q4 24 | $177.0M | $205.0M | ||
| Q3 24 | $214.0M | $291.0M | ||
| Q2 24 | $190.0M | — |
毛利率PPLSFD
| Q1 26 | — | 13.4% | ||
| Q4 25 | — | 14.2% | ||
| Q3 25 | — | 12.8% | ||
| Q2 25 | — | 13.2% | ||
| Q1 25 | — | 13.5% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | 14.3% | ||
| Q2 24 | — | — |
营业利润率PPLSFD
| Q1 26 | — | 8.8% | ||
| Q4 25 | 20.3% | 9.5% | ||
| Q3 25 | 25.4% | 8.3% | ||
| Q2 25 | 19.9% | 6.9% | ||
| Q1 25 | 26.6% | 8.5% | ||
| Q4 24 | 17.2% | 8.5% | ||
| Q3 24 | 20.6% | 8.5% | ||
| Q2 24 | 20.8% | — |
净利率PPLSFD
| Q1 26 | — | 6.6% | ||
| Q4 25 | 11.3% | 7.7% | ||
| Q3 25 | 14.2% | 6.6% | ||
| Q2 25 | 9.0% | 5.0% | ||
| Q1 25 | 16.3% | 5.9% | ||
| Q4 24 | 8.1% | 5.2% | ||
| Q3 24 | 10.3% | 8.7% | ||
| Q2 24 | 10.1% | — |
每股收益（稀释后）PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | $0.35 | $0.83 | ||
| Q3 25 | $0.43 | $0.63 | ||
| Q2 25 | $0.25 | $0.48 | ||
| Q1 25 | $0.56 | $0.57 | ||
| Q4 24 | $0.23 | $0.54 | ||
| Q3 24 | $0.29 | $0.77 | ||
| Q2 24 | $0.26 | — |
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 | $1.4B |
| 总债务越低越好 | $18.9B | — |
| 股东权益账面价值 | $14.9B | $6.9B |
| 总资产 | $45.2B | $12.0B |
| 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PPLSFD
| Q1 26 | — | $1.4B | ||
| 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 | — |
总债务PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | $18.9B | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $16.5B | $2.0B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益PPLSFD
| Q1 26 | — | $6.9B | ||
| Q4 25 | $14.9B | $6.8B | ||
| Q3 25 | $14.4B | $6.5B | ||
| Q2 25 | $14.3B | $6.3B | ||
| Q1 25 | $14.3B | $6.2B | ||
| Q4 24 | $14.1B | $5.8B | ||
| Q3 24 | $14.1B | — | ||
| Q2 24 | $14.1B | — |
总资产PPLSFD
| Q1 26 | — | $12.0B | ||
| Q4 25 | $45.2B | $12.2B | ||
| Q3 25 | $43.9B | $11.5B | ||
| Q2 25 | $42.4B | $11.2B | ||
| Q1 25 | $41.8B | $11.1B | ||
| Q4 24 | $41.1B | $11.1B | ||
| Q3 24 | $40.5B | — | ||
| Q2 24 | $39.8B | — |
负债/权益比PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 0.29× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.32× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | 1.17× | 0.34× | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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% | 2.3% |
| 现金转化率经营现金流/净利润 | 2.06× | — |
| 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PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | $548.0M | $938.0M | ||
| Q3 25 | $966.0M | $13.0M | ||
| Q2 25 | $602.0M | $274.0M | ||
| Q1 25 | $513.0M | $-166.0M | ||
| Q4 24 | $511.0M | — | ||
| Q3 24 | $781.0M | — | ||
| Q2 24 | $766.0M | — |
自由现金流PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | $-614.0M | $842.0M | ||
| Q3 25 | $-179.0M | $-75.0M | ||
| Q2 25 | $-328.0M | $196.0M | ||
| Q1 25 | $-280.0M | $-245.0M | ||
| Q4 24 | $-349.0M | — | ||
| Q3 24 | $102.0M | — | ||
| Q2 24 | $96.0M | — |
自由现金流率PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | -26.1% | 19.9% | ||
| Q3 25 | -8.0% | -2.0% | ||
| Q2 25 | -16.1% | 5.2% | ||
| Q1 25 | -11.0% | -6.5% | ||
| Q4 24 | -15.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 5.1% | — |
资本支出强度PPLSFD
| Q1 26 | — | 2.3% | ||
| Q4 25 | 49.5% | 2.3% | ||
| Q3 25 | 51.2% | 2.3% | ||
| Q2 25 | 45.6% | 2.1% | ||
| Q1 25 | 31.2% | 2.1% | ||
| Q4 24 | 39.3% | 2.1% | ||
| Q3 24 | 32.7% | 2.8% | ||
| Q2 24 | 35.8% | — |
现金转化率PPLSFD
| Q1 26 | — | — | ||
| Q4 25 | 2.06× | 2.87× | ||
| Q3 25 | 3.04× | 0.05× | ||
| Q2 25 | 3.29× | 1.46× | ||
| Q1 25 | 1.24× | -0.74× | ||
| Q4 24 | 2.89× | — | ||
| Q3 24 | 3.65× | — | ||
| Q2 24 | 4.03× | — |
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% |
SFD
暂无分部数据
