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UGI CORP（UGI）与WEC Energy Group（WEC）财务数据对比。点击上方公司名可切换其他公司
WEC Energy Group的季度营收约是UGI CORP的1.2倍（$2.5B vs $2.1B），UGI CORP净利率更高（14.4% vs 12.5%，领先1.9%），WEC Energy Group同比增速更快（11.1% vs 3.9%），过去两年WEC Energy Group的营收复合增速更高（-2.7% vs -7.5%）
UGI公司是总部位于美国宾夕法尼亚州普鲁士王市的能源企业，主营天然气与电力配送业务，布局覆盖范围广泛，在美国本土及欧洲地区均拥有成熟运营网络，为当地用户提供稳定可靠的能源配送服务。
WEC能源集团是总部位于美国威斯康星州密尔沃基的知名能源企业，业务覆盖美国四个州，为总计440万用户提供可靠的电力及天然气供应服务，是北美地区颇具规模的区域性能源服务商。
UGI vs WEC — 直观对比
营收规模更大
WEC
是对方的1.2倍
$2.1B
营收增速更快
WEC
高出7.2%
3.9%
净利率更高
UGI
高出1.9%
12.5%
两年增速更快
WEC
近两年复合增速
-7.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $297.0M | $316.8M |
| 毛利率 | — | 63.7% |
| 营业利润率 | 22.0% | 17.9% |
| 净利率 | 14.4% | 12.5% |
| 营收同比 | 3.9% | 11.1% |
| 净利润同比 | -20.8% | -30.1% |
| 每股收益（稀释后） | $1.34 | — |
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UGIWEC
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | $1.4B | $2.0B | ||
| Q1 25 | $2.6B | $3.1B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $1.2B | $1.9B | ||
| Q2 24 | $1.4B | $1.8B | ||
| Q1 24 | $2.4B | $2.7B |
净利润UGIWEC
| Q4 25 | $297.0M | $316.8M | ||
| Q3 25 | $-13.0M | $270.2M | ||
| Q2 25 | $-163.0M | $243.0M | ||
| Q1 25 | $479.0M | $725.5M | ||
| Q4 24 | $375.0M | $453.1M | ||
| Q3 24 | $-273.0M | $238.6M | ||
| Q2 24 | $-48.0M | $210.0M | ||
| Q1 24 | $496.0M | $622.6M |
毛利率UGIWEC
| Q4 25 | — | 63.7% | ||
| Q3 25 | — | 71.1% | ||
| Q2 25 | — | 71.6% | ||
| Q1 25 | — | 63.0% | ||
| Q4 24 | — | 67.7% | ||
| Q3 24 | — | 72.1% | ||
| Q2 24 | — | 73.5% | ||
| Q1 24 | — | 65.4% |
营业利润率UGIWEC
| Q4 25 | 22.0% | 17.9% | ||
| Q3 25 | 1.1% | 21.4% | ||
| Q2 25 | -6.8% | 20.1% | ||
| Q1 25 | 26.6% | 29.8% | ||
| Q4 24 | 24.5% | 25.9% | ||
| Q3 24 | -20.4% | 20.6% | ||
| Q2 24 | 5.0% | 20.6% | ||
| Q1 24 | 29.7% | 30.3% |
净利率UGIWEC
| Q4 25 | 14.4% | 12.5% | ||
| Q3 25 | -1.1% | 12.8% | ||
| Q2 25 | -12.0% | 12.1% | ||
| Q1 25 | 18.2% | 23.0% | ||
| Q4 24 | 18.9% | 19.8% | ||
| Q3 24 | -22.6% | 12.8% | ||
| Q2 24 | -3.6% | 11.9% | ||
| Q1 24 | 20.6% | 23.2% |
每股收益（稀释后）UGIWEC
| Q4 25 | $1.34 | — | ||
| Q3 25 | $-0.08 | — | ||
| Q2 25 | $-0.76 | — | ||
| Q1 25 | $2.19 | — | ||
| Q4 24 | $1.74 | — | ||
| Q3 24 | $-1.26 | — | ||
| Q2 24 | $-0.23 | — | ||
| Q1 24 | $2.30 | — |
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 | $251.0M | $27.6M |
| 总债务越低越好 | $6.0B | $20.0B |
| 股东权益账面价值 | $5.0B | $14.1B |
| 总资产 | $15.8B | $51.5B |
| 负债/权益比越低杠杆越低 | 1.19× | 1.42× |
8季度趋势，按日历期对齐
现金及短期投资UGIWEC
| Q4 25 | $251.0M | $27.6M | ||
| Q3 25 | $335.0M | $51.1M | ||
| Q2 25 | $350.0M | $23.0M | ||
| Q1 25 | $426.0M | $82.2M | ||
| Q4 24 | $240.0M | $9.8M | ||
| Q3 24 | $213.0M | $322.5M | ||
| Q2 24 | $183.0M | $224.0M | ||
| Q1 24 | $263.0M | $38.9M |
总债务UGIWEC
| Q4 25 | $6.0B | $20.0B | ||
| Q3 25 | $6.5B | — | ||
| Q2 25 | $5.7B | — | ||
| Q1 25 | $6.6B | — | ||
| Q4 24 | $6.6B | $18.9B | ||
| Q3 24 | $6.4B | $16.9B | ||
| Q2 24 | $6.3B | $16.9B | ||
| Q1 24 | $6.7B | $15.4B |
股东权益UGIWEC
| Q4 25 | $5.0B | $14.1B | ||
| Q3 25 | $4.8B | $14.0B | ||
| Q2 25 | $4.9B | $13.7B | ||
| Q1 25 | $5.0B | $13.4B | ||
| Q4 24 | $4.6B | $12.8B | ||
| Q3 24 | $4.3B | $12.4B | ||
| Q2 24 | $4.7B | $12.4B | ||
| Q1 24 | $4.8B | $12.4B |
总资产UGIWEC
| Q4 25 | $15.8B | $51.5B | ||
| Q3 25 | $15.5B | $49.8B | ||
| Q2 25 | $15.4B | $48.5B | ||
| Q1 25 | $15.7B | $48.2B | ||
| Q4 24 | $15.4B | $47.4B | ||
| Q3 24 | $15.1B | $45.2B | ||
| Q2 24 | $15.1B | $44.6B | ||
| Q1 24 | $15.6B | $43.9B |
负债/权益比UGIWEC
| Q4 25 | 1.19× | 1.42× | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 1.17× | — | ||
| Q1 25 | 1.32× | — | ||
| Q4 24 | 1.44× | 1.48× | ||
| Q3 24 | 1.48× | 1.36× | ||
| Q2 24 | 1.34× | 1.36× | ||
| Q1 24 | 1.40× | 1.24× |
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 | $66.0M | $424.6M |
| 自由现金流经营现金流 - 资本支出 | $-155.0M | — |
| 自由现金流率自由现金流/营收 | -7.5% | — |
| 资本支出强度资本支出/营收 | 10.7% | — |
| 现金转化率经营现金流/净利润 | 0.22× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $282.0M | — |
8季度趋势，按日历期对齐
经营现金流UGIWEC
| Q4 25 | $66.0M | $424.6M | ||
| Q3 25 | $90.0M | $938.9M | ||
| Q2 25 | $289.0M | $853.3M | ||
| Q1 25 | $684.0M | $1.2B | ||
| Q4 24 | $164.0M | $581.8M | ||
| Q3 24 | $151.0M | $729.0M | ||
| Q2 24 | $390.0M | $1.0B | ||
| Q1 24 | $522.0M | $863.6M |
自由现金流UGIWEC
| Q4 25 | $-155.0M | — | ||
| Q3 25 | $-168.0M | $-625.7M | ||
| Q2 25 | $67.0M | $23.9M | ||
| Q1 25 | $538.0M | $461.5M | ||
| Q4 24 | $-47.0M | — | ||
| Q3 24 | $-115.0M | $-67.3M | ||
| Q2 24 | $185.0M | $343.5M | ||
| Q1 24 | $353.0M | $419.1M |
自由现金流率UGIWEC
| Q4 25 | -7.5% | — | ||
| Q3 25 | -14.4% | -29.7% | ||
| Q2 25 | 4.9% | 1.2% | ||
| Q1 25 | 20.4% | 14.7% | ||
| Q4 24 | -2.4% | — | ||
| Q3 24 | -9.5% | -3.6% | ||
| Q2 24 | 13.7% | 19.4% | ||
| Q1 24 | 14.6% | 15.6% |
资本支出强度UGIWEC
| Q4 25 | 10.7% | — | ||
| Q3 25 | 22.1% | 74.4% | ||
| Q2 25 | 16.3% | 41.3% | ||
| Q1 25 | 5.5% | 22.3% | ||
| Q4 24 | 10.6% | — | ||
| Q3 24 | 22.0% | 42.7% | ||
| Q2 24 | 15.2% | 39.2% | ||
| Q1 24 | 7.0% | 16.6% |
现金转化率UGIWEC
| Q4 25 | 0.22× | 1.34× | ||
| Q3 25 | — | 3.47× | ||
| Q2 25 | — | 3.51× | ||
| Q1 25 | 1.43× | 1.60× | ||
| Q4 24 | 0.44× | 1.28× | ||
| Q3 24 | — | 3.06× | ||
| Q2 24 | — | 4.94× | ||
| Q1 24 | 1.05× | 1.39× |
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
UGI
暂无分部数据
WEC
| Wisconsin | $1.9B | 73% |
| Illinois | $441.2M | 17% |
| Other States | $165.1M | 7% |
| External Revenues | $74.0M | 3% |
| Otheroperatingrevenues | $8.0M | 0% |
