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PPL Corporation（PPL）与Snap Inc（SNAP）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Snap Inc的1.5倍（$2.3B vs $1.5B），PPL Corporation净利率更高（11.3% vs -5.8%，领先17.1%），Snap Inc同比增速更快（12.1% vs 7.2%），Snap Inc自由现金流更多（$286.0M vs $-614.0M），过去两年Snap Inc的营收复合增速更高（11.2% 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。
Snap Inc.是一家美国科技企业，2011年9月16日由埃文·斯皮格尔、鲍比·墨菲和雷吉·布朗联合创立，总部位于加利福尼亚州圣莫尼卡。公司核心产品包括社交应用Snapchat、智能眼镜Spectacles、虚拟形象工具Bitmoji以及营销推广解决方案SnapBoost，2016年9月24日由原Snapchat Inc.更名为现名，覆盖社交、智能硬件等多元业务领域。
PPL vs SNAP — 直观对比
营收规模更大
PPL
是对方的1.5倍
$1.5B
营收增速更快
SNAP
高出4.9%
7.2%
净利率更高
PPL
高出17.1%
-5.8%
自由现金流更多
SNAP
多$900.0M
$-614.0M
两年增速更快
SNAP
近两年复合增速
1.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.5B |
| 净利润 | $266.0M | $-89.0M |
| 毛利率 | — | 56.5% |
| 营业利润率 | 20.3% | -4.9% |
| 净利率 | 11.3% | -5.8% |
| 营收同比 | 7.2% | 12.1% |
| 净利润同比 | 50.3% | 36.3% |
| 每股收益（稀释后） | $0.35 | $-0.05 |
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PPLSNAP
| Q1 26 | — | $1.5B | ||
| Q4 25 | $2.3B | $1.7B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.0B | $1.3B | ||
| Q1 25 | $2.5B | $1.4B | ||
| Q4 24 | $2.2B | $1.6B | ||
| Q3 24 | $2.1B | $1.4B | ||
| Q2 24 | $1.9B | $1.2B |
净利润PPLSNAP
| Q1 26 | — | $-89.0M | ||
| Q4 25 | $266.0M | $45.2M | ||
| Q3 25 | $318.0M | $-103.5M | ||
| Q2 25 | $183.0M | $-262.6M | ||
| Q1 25 | $414.0M | $-139.6M | ||
| Q4 24 | $177.0M | $9.1M | ||
| Q3 24 | $214.0M | $-153.2M | ||
| Q2 24 | $190.0M | $-248.6M |
毛利率PPLSNAP
| Q1 26 | — | 56.5% | ||
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 55.3% | ||
| Q2 25 | — | 51.4% | ||
| Q1 25 | — | 53.1% | ||
| Q4 24 | — | 56.9% | ||
| Q3 24 | — | 53.5% | ||
| Q2 24 | — | 52.4% |
营业利润率PPLSNAP
| Q1 26 | — | -4.9% | ||
| Q4 25 | 20.3% | 2.9% | ||
| Q3 25 | 25.4% | -8.5% | ||
| Q2 25 | 19.9% | -19.3% | ||
| Q1 25 | 26.6% | -14.2% | ||
| Q4 24 | 17.2% | -1.7% | ||
| Q3 24 | 20.6% | -12.6% | ||
| Q2 24 | 20.8% | -20.5% |
净利率PPLSNAP
| Q1 26 | — | -5.8% | ||
| Q4 25 | 11.3% | 2.6% | ||
| Q3 25 | 14.2% | -6.9% | ||
| Q2 25 | 9.0% | -19.5% | ||
| Q1 25 | 16.3% | -10.2% | ||
| Q4 24 | 8.1% | 0.6% | ||
| Q3 24 | 10.3% | -11.2% | ||
| Q2 24 | 10.1% | -20.1% |
每股收益（稀释后）PPLSNAP
| Q1 26 | — | $-0.05 | ||
| Q4 25 | $0.35 | $0.03 | ||
| Q3 25 | $0.43 | $-0.06 | ||
| Q2 25 | $0.25 | $-0.16 | ||
| Q1 25 | $0.56 | $-0.08 | ||
| Q4 24 | $0.23 | $0.01 | ||
| Q3 24 | $0.29 | $-0.09 | ||
| Q2 24 | $0.26 | $-0.15 |
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 | $1.1B |
| 总债务越低越好 | $18.9B | — |
| 股东权益账面价值 | $14.9B | $2.1B |
| 总资产 | $45.2B | $7.5B |
| 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PPLSNAP
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.1B | $3.0B | ||
| Q2 25 | $294.0M | $2.9B | ||
| Q1 25 | $312.0M | $3.2B | ||
| Q4 24 | $306.0M | $3.4B | ||
| Q3 24 | $542.0M | $3.2B | ||
| Q2 24 | $282.0M | $3.1B |
总债务PPLSNAP
| Q1 26 | — | — | ||
| Q4 25 | $18.9B | $3.5B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $16.5B | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.6B |
股东权益PPLSNAP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $14.9B | $2.3B | ||
| Q3 25 | $14.4B | $2.2B | ||
| Q2 25 | $14.3B | $2.1B | ||
| Q1 25 | $14.3B | $2.3B | ||
| Q4 24 | $14.1B | $2.5B | ||
| Q3 24 | $14.1B | $2.2B | ||
| Q2 24 | $14.1B | $2.1B |
总资产PPLSNAP
| Q1 26 | — | $7.5B | ||
| Q4 25 | $45.2B | $7.7B | ||
| Q3 25 | $43.9B | $7.6B | ||
| Q2 25 | $42.4B | $7.4B | ||
| Q1 25 | $41.8B | $7.6B | ||
| Q4 24 | $41.1B | $7.9B | ||
| Q3 24 | $40.5B | $7.6B | ||
| Q2 24 | $39.8B | $7.4B |
负债/权益比PPLSNAP
| Q1 26 | — | — | ||
| Q4 25 | 1.27× | 1.55× | ||
| Q3 25 | — | 1.59× | ||
| Q2 25 | — | 1.73× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 1.17× | 1.49× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.76× |
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 | $326.8M |
| 自由现金流经营现金流 - 资本支出 | $-614.0M | $286.0M |
| 自由现金流率自由现金流/营收 | -26.1% | 18.7% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $-1.4B | $608.8M |
8季度趋势，按日历期对齐
经营现金流PPLSNAP
| Q1 26 | — | $326.8M | ||
| Q4 25 | $548.0M | $269.6M | ||
| Q3 25 | $966.0M | $146.5M | ||
| Q2 25 | $602.0M | $88.5M | ||
| Q1 25 | $513.0M | $151.6M | ||
| Q4 24 | $511.0M | $230.6M | ||
| Q3 24 | $781.0M | $115.9M | ||
| Q2 24 | $766.0M | $-21.4M |
自由现金流PPLSNAP
| Q1 26 | — | $286.0M | ||
| Q4 25 | $-614.0M | $205.6M | ||
| Q3 25 | $-179.0M | $93.4M | ||
| Q2 25 | $-328.0M | $23.8M | ||
| Q1 25 | $-280.0M | $114.4M | ||
| Q4 24 | $-349.0M | $182.4M | ||
| Q3 24 | $102.0M | $71.8M | ||
| Q2 24 | $96.0M | $-73.4M |
自由现金流率PPLSNAP
| Q1 26 | — | 18.7% | ||
| Q4 25 | -26.1% | 12.0% | ||
| Q3 25 | -8.0% | 6.2% | ||
| Q2 25 | -16.1% | 1.8% | ||
| Q1 25 | -11.0% | 8.4% | ||
| Q4 24 | -15.9% | 11.7% | ||
| Q3 24 | 4.9% | 5.2% | ||
| Q2 24 | 5.1% | -5.9% |
资本支出强度PPLSNAP
| Q1 26 | — | — | ||
| Q4 25 | 49.5% | 3.7% | ||
| Q3 25 | 51.2% | 3.5% | ||
| Q2 25 | 45.6% | 4.8% | ||
| Q1 25 | 31.2% | 2.7% | ||
| Q4 24 | 39.3% | 3.1% | ||
| Q3 24 | 32.7% | 3.2% | ||
| Q2 24 | 35.8% | 4.2% |
现金转化率PPLSNAP
| Q1 26 | — | — | ||
| Q4 25 | 2.06× | 5.96× | ||
| Q3 25 | 3.04× | — | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 2.89× | 25.34× | ||
| 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% |
SNAP
暂无分部数据
