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宣伟（SHW）与Xcel Energy（XEL）财务数据对比。点击上方公司名可切换其他公司
宣伟的季度营收约是Xcel Energy的1.6倍（$5.7B vs $3.6B），Xcel Energy净利率更高（15.9% vs 9.4%，领先6.5%），Xcel Energy同比增速更快（14.1% vs 6.8%），过去两年Xcel Energy的营收复合增速更高（-1.2% vs -4.9%）
宣伟是总部位于美国俄亥俄州克利夫兰的涂料企业，主要从事涂料、地坪覆盖材料及相关产品的生产、分销与销售业务，业务覆盖全球超过120个国家，截至2024年按营收计为全球规模最大的涂料企业。
Xcel Energy是总部位于美国明尼苏达州明尼阿波利斯的受监管电力及天然气供应企业，截至2025年中业务覆盖美国八个州的部分区域，共服务约390万电力用户、220万天然气用户，旗下设有四家运营子公司。
SHW vs XEL — 直观对比
营收规模更大
SHW
是对方的1.6倍
$3.6B
营收增速更快
XEL
高出7.3%
6.8%
净利率更高
XEL
高出6.5%
9.4%
两年增速更快
XEL
近两年复合增速
-4.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $3.6B |
| 净利润 | $534.7M | $567.0M |
| 毛利率 | 49.1% | — |
| 营业利润率 | — | 16.3% |
| 净利率 | 9.4% | 15.9% |
| 营收同比 | 6.8% | 14.1% |
| 净利润同比 | 6.1% | 22.2% |
| 每股收益（稀释后） | $2.15 | $0.95 |
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SHWXEL
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.6B | $3.6B | ||
| Q3 25 | $6.4B | $3.9B | ||
| Q2 25 | $6.3B | $3.3B | ||
| Q1 25 | $5.3B | $3.9B | ||
| Q4 24 | $5.3B | $3.1B | ||
| Q3 24 | $6.2B | $3.6B | ||
| Q2 24 | $6.3B | $3.0B |
净利润SHWXEL
| Q1 26 | $534.7M | — | ||
| Q4 25 | $476.8M | $567.0M | ||
| Q3 25 | $833.1M | $524.0M | ||
| Q2 25 | $754.7M | $444.0M | ||
| Q1 25 | $503.9M | $483.0M | ||
| Q4 24 | $480.1M | $464.0M | ||
| Q3 24 | $806.2M | $682.0M | ||
| Q2 24 | $889.9M | $302.0M |
毛利率SHWXEL
| Q1 26 | 49.1% | — | ||
| Q4 25 | 48.5% | — | ||
| Q3 25 | 49.2% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 48.2% | — | ||
| Q4 24 | 48.6% | — | ||
| Q3 24 | 49.1% | — | ||
| Q2 24 | 48.8% | — |
营业利润率SHWXEL
| Q1 26 | — | — | ||
| Q4 25 | 11.4% | 16.3% | ||
| Q3 25 | 16.7% | 19.1% | ||
| Q2 25 | 15.6% | 17.6% | ||
| Q1 25 | 12.3% | 17.3% | ||
| Q4 24 | 11.6% | 11.1% | ||
| Q3 24 | 21.4% | 25.0% | ||
| Q2 24 | 22.5% | 14.8% |
净利率SHWXEL
| Q1 26 | 9.4% | — | ||
| Q4 25 | 8.5% | 15.9% | ||
| Q3 25 | 13.1% | 13.4% | ||
| Q2 25 | 12.0% | 13.5% | ||
| Q1 25 | 9.5% | 12.4% | ||
| Q4 24 | 9.1% | 14.9% | ||
| Q3 24 | 13.1% | 18.7% | ||
| Q2 24 | 14.2% | 10.0% |
每股收益（稀释后）SHWXEL
| Q1 26 | $2.15 | — | ||
| Q4 25 | $1.91 | $0.95 | ||
| Q3 25 | $3.35 | $0.88 | ||
| Q2 25 | $3.00 | $0.75 | ||
| Q1 25 | $2.00 | $0.84 | ||
| Q4 24 | $1.90 | $0.81 | ||
| Q3 24 | $3.18 | $1.21 | ||
| Q2 24 | $3.50 | $0.54 |
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 | $216.9K | — |
| 总债务越低越好 | $11.7M | $31.8B |
| 股东权益账面价值 | $4.4M | $23.6B |
| 总资产 | $26.4M | $81.4B |
| 负债/权益比越低杠杆越低 | 2.64× | 1.35× |
8季度趋势，按日历期对齐
现金及短期投资SHWXEL
| Q1 26 | $216.9K | — | ||
| Q4 25 | $207.2M | — | ||
| Q3 25 | $241.5M | $1.1B | ||
| Q2 25 | $269.8M | $1.5B | ||
| Q1 25 | $199.8M | $1.1B | ||
| Q4 24 | $210.4M | $179.0M | ||
| Q3 24 | $238.2M | $1.5B | ||
| Q2 24 | $200.0M | $1.6B |
总债务SHWXEL
| Q1 26 | $11.7M | — | ||
| Q4 25 | $9.7B | $31.8B | ||
| Q3 25 | $9.7B | $32.0B | ||
| Q2 25 | $9.0B | $31.1B | ||
| Q1 25 | $9.0B | $29.4B | ||
| Q4 24 | $9.2B | $27.3B | ||
| Q3 24 | $9.2B | $27.5B | ||
| Q2 24 | $9.0B | $27.7B |
股东权益SHWXEL
| Q1 26 | $4.4M | — | ||
| Q4 25 | $4.6B | $23.6B | ||
| Q3 25 | $4.4B | $21.2B | ||
| Q2 25 | $4.4B | $21.0B | ||
| Q1 25 | $4.1B | $19.8B | ||
| Q4 24 | $4.1B | $19.5B | ||
| Q3 24 | $4.2B | $19.4B | ||
| Q2 24 | $3.8B | $18.0B |
总资产SHWXEL
| Q1 26 | $26.4M | — | ||
| Q4 25 | $25.9B | $81.4B | ||
| Q3 25 | $26.2B | $79.2B | ||
| Q2 25 | $25.4B | $75.3B | ||
| Q1 25 | $24.6B | $72.7B | ||
| Q4 24 | $23.6B | $70.0B | ||
| Q3 24 | $24.0B | $69.3B | ||
| Q2 24 | $23.7B | $67.9B |
负债/权益比SHWXEL
| Q1 26 | 2.64× | — | ||
| Q4 25 | 2.10× | 1.35× | ||
| Q3 25 | 2.18× | 1.51× | ||
| Q2 25 | 2.04× | 1.48× | ||
| Q1 25 | 2.17× | 1.48× | ||
| Q4 24 | 2.28× | 1.40× | ||
| Q3 24 | 2.22× | 1.42× | ||
| Q2 24 | 2.39× | 1.54× |
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 | — | $209.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-3.2B |
| 自由现金流率自由现金流/营收 | — | -90.7% |
| 资本支出强度资本支出/营收 | 2.4% | 96.5% |
| 现金转化率经营现金流/净利润 | — | 0.37× |
| 过去12个月自由现金流最近4个季度 | — | $-6.8B |
8季度趋势，按日历期对齐
经营现金流SHWXEL
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $209.0M | ||
| Q3 25 | $1.3B | $1.8B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $-61.1M | $1.0B | ||
| Q4 24 | $934.5M | $664.0M | ||
| Q3 24 | $1.1B | $1.7B | ||
| Q2 24 | $1.2B | $1.2B |
自由现金流SHWXEL
| Q1 26 | — | — | ||
| Q4 25 | $862.1M | $-3.2B | ||
| Q3 25 | $1.1B | $-1.3B | ||
| Q2 25 | $931.1M | $-1.3B | ||
| Q1 25 | $-250.4M | $-960.0M | ||
| Q4 24 | $634.5M | $-1.6B | ||
| Q3 24 | $839.4M | $-42.0M | ||
| Q2 24 | $952.0M | $-641.0M |
自由现金流率SHWXEL
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | -90.7% | ||
| Q3 25 | 17.5% | -33.0% | ||
| Q2 25 | 14.7% | -40.9% | ||
| Q1 25 | -4.7% | -24.6% | ||
| Q4 24 | 12.0% | -49.8% | ||
| Q3 24 | 13.6% | -1.2% | ||
| Q2 24 | 15.2% | -21.2% |
资本支出强度SHWXEL
| Q1 26 | 2.4% | — | ||
| Q4 25 | 4.1% | 96.5% | ||
| Q3 25 | 3.1% | 78.0% | ||
| Q2 25 | 2.9% | 73.8% | ||
| Q1 25 | 3.6% | 50.9% | ||
| Q4 24 | 5.7% | 71.1% | ||
| Q3 24 | 3.8% | 48.8% | ||
| Q2 24 | 4.0% | 60.5% |
现金转化率SHWXEL
| Q1 26 | — | — | ||
| Q4 25 | 2.29× | 0.37× | ||
| Q3 25 | 1.57× | 3.37× | ||
| Q2 25 | 1.47× | 2.43× | ||
| Q1 25 | -0.12× | 2.13× | ||
| Q4 24 | 1.95× | 1.43× | ||
| Q3 24 | 1.33× | 2.55× | ||
| Q2 24 | 1.35× | 3.94× |
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
SHW
暂无分部数据
XEL
| Retail Distribution | $2.3B | 64% |
| Regulated Natural Gas Segment | $737.0M | 21% |
| Alternativeand Other | $212.0M | 6% |
| Transmission Services | $164.0M | 5% |
| Wholesale Distribution | $159.0M | 4% |
| Other Services | $8.0M | 0% |
