vs
Regency Centers（REG）与Talen Energy Corp（TLN）财务数据对比。点击上方公司名可切换其他公司
Talen Energy Corp的季度营收约是Regency Centers的1.9倍（$758.0M vs $404.2M），Regency Centers净利率更高（50.1% vs -47.9%，领先98.0%），Talen Energy Corp同比增速更快（114.7% vs 8.5%），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs 5.4%）
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
REG vs TLN — 直观对比
营收规模更大
TLN
是对方的1.9倍
$404.2M
营收增速更快
TLN
高出106.2%
8.5%
净利率更高
REG
高出98.0%
-47.9%
两年增速更快
TLN
近两年复合增速
5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $758.0M |
| 净利润 | $202.5M | $-363.0M |
| 毛利率 | — | — |
| 营业利润率 | 71.0% | -41.3% |
| 净利率 | 50.1% | -47.9% |
| 营收同比 | 8.5% | 114.7% |
| 净利润同比 | 134.1% | -542.7% |
| 每股收益（稀释后） | — | $-7.60 |
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REGTLN
| Q4 25 | $404.2M | $758.0M | ||
| Q3 25 | $387.6M | $697.0M | ||
| Q2 25 | $380.8M | $409.0M | ||
| Q1 25 | $380.9M | $654.0M | ||
| Q4 24 | $372.5M | $353.0M | ||
| Q3 24 | $360.3M | $459.0M | ||
| Q2 24 | $357.3M | $346.0M | ||
| Q1 24 | $363.9M | $416.0M |
净利润REGTLN
| Q4 25 | $202.5M | $-363.0M | ||
| Q3 25 | $109.4M | $207.0M | ||
| Q2 25 | $106.0M | $72.0M | ||
| Q1 25 | $109.6M | $-135.0M | ||
| Q4 24 | $86.5M | $82.0M | ||
| Q3 24 | $101.5M | $168.0M | ||
| Q2 24 | $102.7M | $454.0M | ||
| Q1 24 | $109.8M | $294.0M |
营业利润率REGTLN
| Q4 25 | 71.0% | -41.3% | ||
| Q3 25 | 72.7% | 37.7% | ||
| Q2 25 | 73.8% | 16.1% | ||
| Q1 25 | 71.8% | -16.2% | ||
| Q4 24 | 71.1% | 4.5% | ||
| Q3 24 | 72.5% | 34.4% | ||
| Q2 24 | 72.3% | 7.8% | ||
| Q1 24 | 72.3% | 6.0% |
净利率REGTLN
| Q4 25 | 50.1% | -47.9% | ||
| Q3 25 | 28.2% | 29.7% | ||
| Q2 25 | 27.8% | 17.6% | ||
| Q1 25 | 28.8% | -20.6% | ||
| Q4 24 | 23.2% | 23.2% | ||
| Q3 24 | 28.2% | 36.6% | ||
| Q2 24 | 28.7% | 131.2% | ||
| Q1 24 | 30.2% | 70.7% |
每股收益（稀释后）REGTLN
| Q4 25 | — | $-7.60 | ||
| Q3 25 | — | $4.25 | ||
| Q2 25 | — | $1.50 | ||
| Q1 25 | — | $-2.94 | ||
| Q4 24 | — | $2.07 | ||
| Q3 24 | — | $3.16 | ||
| Q2 24 | — | $7.60 | ||
| Q1 24 | — | $4.84 |
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 | — | $689.0M |
| 总债务越低越好 | $4.7B | $6.8B |
| 股东权益账面价值 | $6.9B | $1.1B |
| 总资产 | $13.0B | $10.9B |
| 负债/权益比越低杠杆越低 | 0.69× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资REGTLN
| Q4 25 | — | $689.0M | ||
| Q3 25 | — | $497.0M | ||
| Q2 25 | — | $122.0M | ||
| Q1 25 | — | $295.0M | ||
| Q4 24 | — | $328.0M | ||
| Q3 24 | — | $648.0M | ||
| Q2 24 | — | $632.0M | ||
| Q1 24 | — | — |
总债务REGTLN
| Q4 25 | $4.7B | $6.8B | ||
| Q3 25 | $4.9B | $3.0B | ||
| Q2 25 | $4.8B | $3.0B | ||
| Q1 25 | $4.6B | $3.0B | ||
| Q4 24 | $4.4B | $3.0B | ||
| Q3 24 | $4.4B | $2.6B | ||
| Q2 24 | $4.4B | $2.6B | ||
| Q1 24 | $4.4B | — |
股东权益REGTLN
| Q4 25 | $6.9B | $1.1B | ||
| Q3 25 | $6.8B | $1.5B | ||
| Q2 25 | $6.7B | $1.2B | ||
| Q1 25 | $6.7B | $1.2B | ||
| Q4 24 | $6.7B | $1.4B | ||
| Q3 24 | $6.8B | $2.4B | ||
| Q2 24 | $6.8B | $2.5B | ||
| Q1 24 | $7.0B | $2.8B |
总资产REGTLN
| Q4 25 | $13.0B | $10.9B | ||
| Q3 25 | $13.1B | $6.1B | ||
| Q2 25 | $12.7B | $5.8B | ||
| Q1 25 | $12.6B | $5.9B | ||
| Q4 24 | $12.4B | $6.1B | ||
| Q3 24 | $12.4B | $6.8B | ||
| Q2 24 | $12.4B | $7.1B | ||
| Q1 24 | $12.7B | — |
负债/权益比REGTLN
| Q4 25 | 0.69× | 6.23× | ||
| Q3 25 | 0.72× | 2.03× | ||
| Q2 25 | 0.72× | 2.40× | ||
| Q1 25 | 0.69× | 2.54× | ||
| Q4 24 | 0.66× | 2.17× | ||
| Q3 24 | 0.65× | 1.10× | ||
| Q2 24 | 0.64× | 1.05× | ||
| Q1 24 | 0.63× | — |
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 | $203.9M | $280.0M |
| 自由现金流经营现金流 - 资本支出 | — | $254.0M |
| 自由现金流率自由现金流/营收 | — | 33.5% |
| 资本支出强度资本支出/营收 | — | 3.4% |
| 现金转化率经营现金流/净利润 | 1.01× | — |
| 过去12个月自由现金流最近4个季度 | — | $606.0M |
8季度趋势，按日历期对齐
经营现金流REGTLN
| Q4 25 | $203.9M | $280.0M | ||
| Q3 25 | $218.7M | $489.0M | ||
| Q2 25 | $244.0M | $-184.0M | ||
| Q1 25 | $161.0M | $119.0M | ||
| Q4 24 | $191.4M | — | ||
| Q3 24 | $227.6M | $96.0M | ||
| Q2 24 | $203.5M | $-23.0M | ||
| Q1 24 | $167.8M | $173.0M |
自由现金流REGTLN
| Q4 25 | — | $254.0M | ||
| Q3 25 | — | $468.0M | ||
| Q2 25 | — | $-217.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $83.0M | ||
| Q2 24 | — | $-43.0M | ||
| Q1 24 | — | $148.0M |
自由现金流率REGTLN
| Q4 25 | — | 33.5% | ||
| Q3 25 | — | 67.1% | ||
| Q2 25 | — | -53.1% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.1% | ||
| Q2 24 | — | -12.4% | ||
| Q1 24 | — | 35.6% |
资本支出强度REGTLN
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 2.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | — | 6.0% |
现金转化率REGTLN
| Q4 25 | 1.01× | — | ||
| Q3 25 | 2.00× | 2.36× | ||
| Q2 25 | 2.30× | -2.56× | ||
| Q1 25 | 1.47× | — | ||
| Q4 24 | 2.21× | — | ||
| Q3 24 | 2.24× | 0.57× | ||
| Q2 24 | 1.98× | -0.05× | ||
| Q1 24 | 1.53× | 0.59× |
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
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
