vs
Sempra（SRE）与施乐（XRX）财务数据对比。点击上方公司名可切换其他公司
Sempra的季度营收约是施乐的1.6倍（$3.3B vs $2.0B），施乐同比增速更快（25.7% vs 6.9%），施乐自由现金流更多（$192.0M vs $-2.2B），过去两年施乐的营收复合增速更高（16.2% vs -5.8%）
Sempra是总部位于美国加利福尼亚州圣地亚哥的北美公用事业控股企业，也是美国规模最大的公用事业控股公司之一，服务覆盖近4000万用户，在北美能源供应及公共服务领域拥有领先的市场地位与丰富的运营经验。
施乐控股是源自美国的知名办公设备服务商，面向全球超160个国家提供打印机与数码文档相关产品及服务。1959年推出Xerox 914后，施乐成为静电复印市场的开创者，品牌名“xerox”甚至在英语中成为复印的代名词，公司总部现位于美国康涅狄格州诺沃克。
SRE vs XRX — 直观对比
营收规模更大
SRE
是对方的1.6倍
$2.0B
营收增速更快
XRX
高出18.8%
6.9%
自由现金流更多
XRX
多$2.4B
$-2.2B
两年增速更快
XRX
近两年复合增速
-5.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.0B |
| 净利润 | $352.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 7.2% | — |
| 净利率 | 10.7% | — |
| 营收同比 | 6.9% | 25.7% |
| 净利润同比 | -47.9% | — |
| 每股收益（稀释后） | $0.53 | $-0.62 |
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SREXRX
| Q4 25 | $3.3B | $2.0B | ||
| Q3 25 | $2.8B | $2.0B | ||
| Q2 25 | $2.7B | $1.6B | ||
| Q1 25 | $3.7B | $1.5B | ||
| Q4 24 | $3.1B | $1.6B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.5B | $1.6B | ||
| Q1 24 | $3.7B | $1.5B |
净利润SREXRX
| Q4 25 | $352.0M | — | ||
| Q3 25 | $95.0M | $-760.0M | ||
| Q2 25 | $473.0M | $-106.0M | ||
| Q1 25 | $917.0M | $-90.0M | ||
| Q4 24 | $676.0M | — | ||
| Q3 24 | $649.0M | $-1.2B | ||
| Q2 24 | $725.0M | $18.0M | ||
| Q1 24 | $812.0M | $-113.0M |
营业利润率SREXRX
| Q4 25 | 7.2% | — | ||
| Q3 25 | 10.6% | — | ||
| Q2 25 | 17.3% | — | ||
| Q1 25 | 21.5% | — | ||
| Q4 24 | 35.0% | — | ||
| Q3 24 | 12.9% | — | ||
| Q2 24 | 18.8% | — | ||
| Q1 24 | 22.7% | — |
净利率SREXRX
| Q4 25 | 10.7% | — | ||
| Q3 25 | 3.4% | -38.8% | ||
| Q2 25 | 17.5% | -6.7% | ||
| Q1 25 | 24.9% | -6.2% | ||
| Q4 24 | 22.0% | — | ||
| Q3 24 | 25.3% | -78.9% | ||
| Q2 24 | 29.2% | 1.1% | ||
| Q1 24 | 22.0% | -7.5% |
每股收益（稀释后）SREXRX
| Q4 25 | $0.53 | $-0.62 | ||
| Q3 25 | $0.12 | $-6.01 | ||
| Q2 25 | $0.71 | $-0.87 | ||
| Q1 25 | $1.39 | $-0.75 | ||
| Q4 24 | $1.04 | $-0.21 | ||
| Q3 24 | $1.00 | $-9.71 | ||
| Q2 24 | $1.12 | $0.11 | ||
| Q1 24 | $1.26 | $-0.94 |
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 | $29.0M | $512.0M |
| 总债务越低越好 | $29.0B | $4.0B |
| 股东权益账面价值 | $31.6B | $444.0M |
| 总资产 | $110.9B | $9.8B |
| 负债/权益比越低杠杆越低 | 0.92× | 9.05× |
8季度趋势，按日历期对齐
现金及短期投资SREXRX
| Q4 25 | $29.0M | $512.0M | ||
| Q3 25 | $5.0M | $479.0M | ||
| Q2 25 | $155.0M | $449.0M | ||
| Q1 25 | $1.7B | $336.0M | ||
| Q4 24 | $1.6B | $576.0M | ||
| Q3 24 | $560.0M | $521.0M | ||
| Q2 24 | $228.0M | $485.0M | ||
| Q1 24 | $606.0M | $685.0M |
总债务SREXRX
| Q4 25 | $29.0B | $4.0B | ||
| Q3 25 | $29.0B | $4.1B | ||
| Q2 25 | $34.9B | $3.5B | ||
| Q1 25 | $33.3B | $2.7B | ||
| Q4 24 | $31.6B | $2.8B | ||
| Q3 24 | $31.0B | $2.8B | ||
| Q2 24 | $29.0B | $3.2B | ||
| Q1 24 | $29.5B | $3.2B |
股东权益SREXRX
| Q4 25 | $31.6B | $444.0M | ||
| Q3 25 | $31.2B | $365.0M | ||
| Q2 25 | $31.7B | $1.1B | ||
| Q1 25 | $31.6B | $1.1B | ||
| Q4 24 | $31.2B | $1.1B | ||
| Q3 24 | $29.7B | $1.3B | ||
| Q2 24 | $29.5B | $2.4B | ||
| Q1 24 | $29.1B | $2.4B |
总资产SREXRX
| Q4 25 | $110.9B | $9.8B | ||
| Q3 25 | $106.9B | $10.1B | ||
| Q2 25 | $99.9B | $8.9B | ||
| Q1 25 | $99.0B | $8.2B | ||
| Q4 24 | $96.2B | $8.4B | ||
| Q3 24 | $93.7B | $8.3B | ||
| Q2 24 | $90.5B | $9.5B | ||
| Q1 24 | $89.6B | $9.9B |
负债/权益比SREXRX
| Q4 25 | 0.92× | 9.05× | ||
| Q3 25 | 0.93× | 11.10× | ||
| Q2 25 | 1.10× | 3.11× | ||
| Q1 25 | 1.05× | 2.56× | ||
| Q4 24 | 1.01× | 2.62× | ||
| Q3 24 | 1.04× | 2.11× | ||
| Q2 24 | 0.98× | 1.34× | ||
| Q1 24 | 1.01× | 1.35× |
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 | $1.2B | $208.0M |
| 自由现金流经营现金流 - 资本支出 | $-2.2B | $192.0M |
| 自由现金流率自由现金流/营收 | -67.7% | 9.5% |
| 资本支出强度资本支出/营收 | 104.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 3.38× | — |
| 过去12个月自由现金流最近4个季度 | $-6.0B | $187.0M |
8季度趋势，按日历期对齐
经营现金流SREXRX
| Q4 25 | $1.2B | $208.0M | ||
| Q3 25 | $1.1B | $116.0M | ||
| Q2 25 | $784.0M | $-11.0M | ||
| Q1 25 | $1.5B | $-89.0M | ||
| Q4 24 | $1.4B | $351.0M | ||
| Q3 24 | $1.0B | $116.0M | ||
| Q2 24 | $669.0M | $123.0M | ||
| Q1 24 | $1.9B | $-79.0M |
自由现金流SREXRX
| Q4 25 | $-2.2B | $192.0M | ||
| Q3 25 | $-1.5B | $104.0M | ||
| Q2 25 | $-1.5B | $-15.0M | ||
| Q1 25 | $-854.0M | $-94.0M | ||
| Q4 24 | $-1.1B | $346.0M | ||
| Q3 24 | $-913.0M | $108.0M | ||
| Q2 24 | $-1.2B | $117.0M | ||
| Q1 24 | $-82.0M | $-87.0M |
自由现金流率SREXRX
| Q4 25 | -67.7% | 9.5% | ||
| Q3 25 | -52.6% | 5.3% | ||
| Q2 25 | -56.3% | -1.0% | ||
| Q1 25 | -23.2% | -6.5% | ||
| Q4 24 | -35.4% | 21.5% | ||
| Q3 24 | -35.5% | 7.1% | ||
| Q2 24 | -49.4% | 7.4% | ||
| Q1 24 | -2.2% | -5.8% |
资本支出强度SREXRX
| Q4 25 | 104.0% | 0.8% | ||
| Q3 25 | 92.9% | 0.6% | ||
| Q2 25 | 85.3% | 0.3% | ||
| Q1 25 | 63.5% | 0.3% | ||
| Q4 24 | 79.9% | 0.3% | ||
| Q3 24 | 75.3% | 0.5% | ||
| Q2 24 | 76.4% | 0.4% | ||
| Q1 24 | 52.3% | 0.5% |
现金转化率SREXRX
| Q4 25 | 3.38× | — | ||
| Q3 25 | 11.68× | — | ||
| Q2 25 | 1.66× | — | ||
| Q1 25 | 1.62× | — | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 1.57× | — | ||
| Q2 24 | 0.92× | 6.83× | ||
| Q1 24 | 2.28× | — |
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
SRE
暂无分部数据
XRX
| Other | $596.0M | 29% |
| Manufactured Product Other | $485.0M | 24% |
| Supplies Paper And Other Sales | $483.0M | 24% |
| IT Solutions Segment | $155.0M | 8% |
| CA | $128.0M | 6% |
| IT Products | $100.0M | 5% |
| Rental And Other | $52.0M | 3% |
| Financial Service | $29.0M | 1% |
