vs
Talen Energy Corp（TLN）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Talen Energy Corp的1.1倍（$814.9M vs $758.0M），Ubiquiti Inc.净利率更高（28.7% vs -47.9%，领先76.6%），Talen Energy Corp同比增速更快（114.7% vs 35.8%），Ubiquiti Inc.自由现金流更多（$260.3M vs $254.0M），过去两年Talen Energy Corp的营收复合增速更高（35.0% vs 28.6%）
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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
TLN vs UI — 直观对比
营收规模更大
UI
是对方的1.1倍
$758.0M
营收增速更快
TLN
高出78.9%
35.8%
净利率更高
UI
高出76.6%
-47.9%
自由现金流更多
UI
多$6.3M
$254.0M
两年增速更快
TLN
近两年复合增速
28.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $758.0M | $814.9M |
| 净利润 | $-363.0M | $233.6M |
| 毛利率 | — | 45.9% |
| 营业利润率 | -41.3% | 35.9% |
| 净利率 | -47.9% | 28.7% |
| 营收同比 | 114.7% | 35.8% |
| 净利润同比 | -542.7% | 70.8% |
| 每股收益（稀释后） | $-7.60 | $3.86 |
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TLNUI
| Q4 25 | $758.0M | $814.9M | ||
| Q3 25 | $697.0M | $733.8M | ||
| Q2 25 | $409.0M | $759.2M | ||
| Q1 25 | $654.0M | $664.2M | ||
| Q4 24 | $353.0M | $599.9M | ||
| Q3 24 | $459.0M | $550.3M | ||
| Q2 24 | $346.0M | $507.5M | ||
| Q1 24 | $416.0M | $493.0M |
净利润TLNUI
| Q4 25 | $-363.0M | $233.6M | ||
| Q3 25 | $207.0M | $207.9M | ||
| Q2 25 | $72.0M | $266.7M | ||
| Q1 25 | $-135.0M | $180.4M | ||
| Q4 24 | $82.0M | $136.8M | ||
| Q3 24 | $168.0M | $128.0M | ||
| Q2 24 | $454.0M | $103.8M | ||
| Q1 24 | $294.0M | $76.3M |
毛利率TLNUI
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 46.0% | ||
| Q2 25 | — | 45.1% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 42.1% | ||
| Q2 24 | — | 40.2% | ||
| Q1 24 | — | 35.3% |
营业利润率TLNUI
| Q4 25 | -41.3% | 35.9% | ||
| Q3 25 | 37.7% | 35.7% | ||
| Q2 25 | 16.1% | 34.4% | ||
| Q1 25 | -16.2% | 34.2% | ||
| Q4 24 | 4.5% | 29.8% | ||
| Q3 24 | 34.4% | 30.7% | ||
| Q2 24 | 7.8% | 27.3% | ||
| Q1 24 | 6.0% | 22.6% |
净利率TLNUI
| Q4 25 | -47.9% | 28.7% | ||
| Q3 25 | 29.7% | 28.3% | ||
| Q2 25 | 17.6% | 35.1% | ||
| Q1 25 | -20.6% | 27.2% | ||
| Q4 24 | 23.2% | 22.8% | ||
| Q3 24 | 36.6% | 23.3% | ||
| Q2 24 | 131.2% | 20.5% | ||
| Q1 24 | 70.7% | 15.5% |
每股收益（稀释后）TLNUI
| Q4 25 | $-7.60 | $3.86 | ||
| Q3 25 | $4.25 | $3.43 | ||
| Q2 25 | $1.50 | $4.40 | ||
| Q1 25 | $-2.94 | $2.98 | ||
| Q4 24 | $2.07 | $2.26 | ||
| Q3 24 | $3.16 | $2.12 | ||
| Q2 24 | $7.60 | $1.72 | ||
| Q1 24 | $4.84 | $1.26 |
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 | $689.0M | $302.8M |
| 总债务越低越好 | $6.8B | $47.5M |
| 股东权益账面价值 | $1.1B | $1.0B |
| 总资产 | $10.9B | $1.6B |
| 负债/权益比越低杠杆越低 | 6.23× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资TLNUI
| Q4 25 | $689.0M | $302.8M | ||
| Q3 25 | $497.0M | $177.2M | ||
| Q2 25 | $122.0M | $149.7M | ||
| Q1 25 | $295.0M | $151.0M | ||
| Q4 24 | $328.0M | $133.1M | ||
| Q3 24 | $648.0M | $165.2M | ||
| Q2 24 | $632.0M | $126.3M | ||
| Q1 24 | — | $102.5M |
总债务TLNUI
| Q4 25 | $6.8B | $47.5M | ||
| Q3 25 | $3.0B | $133.8M | ||
| Q2 25 | $3.0B | $250.0M | ||
| Q1 25 | $3.0B | $340.0M | ||
| Q4 24 | $3.0B | $406.3M | ||
| Q3 24 | $2.6B | $552.5M | ||
| Q2 24 | $2.6B | $708.1M | ||
| Q1 24 | — | $877.5M |
股东权益TLNUI
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.5B | $828.4M | ||
| Q2 25 | $1.2B | $668.3M | ||
| Q1 25 | $1.2B | $436.1M | ||
| Q4 24 | $1.4B | $290.4M | ||
| Q3 24 | $2.4B | $188.1M | ||
| Q2 24 | $2.5B | $95.1M | ||
| Q1 24 | $2.8B | $25.9M |
总资产TLNUI
| Q4 25 | $10.9B | $1.6B | ||
| Q3 25 | $6.1B | $1.5B | ||
| Q2 25 | $5.8B | $1.5B | ||
| Q1 25 | $5.9B | $1.3B | ||
| Q4 24 | $6.1B | $1.2B | ||
| Q3 24 | $6.8B | $1.2B | ||
| Q2 24 | $7.1B | $1.2B | ||
| Q1 24 | — | $1.2B |
负债/权益比TLNUI
| Q4 25 | 6.23× | 0.05× | ||
| Q3 25 | 2.03× | 0.16× | ||
| Q2 25 | 2.40× | 0.37× | ||
| Q1 25 | 2.54× | 0.78× | ||
| Q4 24 | 2.17× | 1.40× | ||
| Q3 24 | 1.10× | 2.94× | ||
| Q2 24 | 1.05× | 7.45× | ||
| Q1 24 | — | 33.92× |
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 | $280.0M | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $254.0M | $260.3M |
| 自由现金流率自由现金流/营收 | 33.5% | 31.9% |
| 资本支出强度资本支出/营收 | 3.4% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 1.13× |
| 过去12个月自由现金流最近4个季度 | $606.0M | $699.5M |
8季度趋势，按日历期对齐
经营现金流TLNUI
| Q4 25 | $280.0M | $263.9M | ||
| Q3 25 | $489.0M | $198.5M | ||
| Q2 25 | $-184.0M | $130.4M | ||
| Q1 25 | $119.0M | $123.6M | ||
| Q4 24 | — | $152.4M | ||
| Q3 24 | $96.0M | $233.7M | ||
| Q2 24 | $-23.0M | $231.4M | ||
| Q1 24 | $173.0M | $163.9M |
自由现金流TLNUI
| Q4 25 | $254.0M | $260.3M | ||
| Q3 25 | $468.0M | $193.3M | ||
| Q2 25 | $-217.0M | $125.2M | ||
| Q1 25 | $101.0M | $120.7M | ||
| Q4 24 | — | $150.4M | ||
| Q3 24 | $83.0M | $231.1M | ||
| Q2 24 | $-43.0M | $229.5M | ||
| Q1 24 | $148.0M | $160.6M |
自由现金流率TLNUI
| Q4 25 | 33.5% | 31.9% | ||
| Q3 25 | 67.1% | 26.3% | ||
| Q2 25 | -53.1% | 16.5% | ||
| Q1 25 | 15.4% | 18.2% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | 18.1% | 42.0% | ||
| Q2 24 | -12.4% | 45.2% | ||
| Q1 24 | 35.6% | 32.6% |
资本支出强度TLNUI
| Q4 25 | 3.4% | 0.4% | ||
| Q3 25 | 3.0% | 0.7% | ||
| Q2 25 | 8.1% | 0.7% | ||
| Q1 25 | 2.8% | 0.4% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 2.8% | 0.5% | ||
| Q2 24 | 5.8% | 0.4% | ||
| Q1 24 | 6.0% | 0.7% |
现金转化率TLNUI
| Q4 25 | — | 1.13× | ||
| Q3 25 | 2.36× | 0.95× | ||
| Q2 25 | -2.56× | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | 0.57× | 1.83× | ||
| Q2 24 | -0.05× | 2.23× | ||
| Q1 24 | 0.59× | 2.15× |
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
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
