vs
Antero Midstream Corp（AM）とEnergy Transfer LP（ET）の財務データ比較。上の社名をクリックして会社を切り替えられます
Energy Transfer LPの直近四半期売上が大きい（$25.3B vs $297.0M、Antero Midstream Corpの約85.3倍）。Antero Midstream Corpの純利益率が高く（17.5% vs 3.7%、差は13.8%）。Energy Transfer LPの前年同期比売上増加率が高い（29.6% vs 3.3%）。過去8四半期でEnergy Transfer LPの売上複合成長率が高い（8.2% vs 3.2%）
Antero Midstream Corpは米国のエネルギー企業で、デラウェア州に法人登録され、本社をコロラド州デンバーに置く。同社の石油・天然ガス埋蔵量は全てアパラチア盆地にあり、水圧破砕技術を用いて採掘を行っている。
エナジートランスファーLPは米国のエネルギーインフラ運営企業で、1996年に設立され、本社はテキサス州ダラスに所在しています。天然ガス、原油、液化天然ガス、石油製品などのパイプライン輸送、貯蔵、ターミナル運営、天然ガス液の分留事業を展開する上場有限責任組合です。
AM vs ET — 直接比較
売上が大きい
ET
85.3倍大きい
$297.0M
売上成長率が高い
ET
+26.3%の差
3.3%
純利益率が高い
AM
純利益率が13.8%高い
3.7%
2年売上CAGRが高い
ET
2年複合成長率
3.2%
損益計算書 — Q4 2025 vs Q4 2025
| 指標 | | |
|---|---|---|
| 売上 | $297.0M | $25.3B |
| 純利益 | $51.9M | $928.0M |
| 粗利率 | — | 23.3% |
| 営業利益率 | 33.8% | 8.2% |
| 純利益率 | 17.5% | 3.7% |
| 売上前年比 | 3.3% | 29.6% |
| 純利益前年比 | -53.3% | -13.8% |
| EPS（希薄化後） | $0.11 | — |
緑 = その指標でリード。会計年度がずれている場合は期間が異なる場合あり
8四半期 売上・利益トレンド
並べて比較する四半期履歴。決算期がずれていても暦四半期で整列
売上AMET
| Q4 25 | $297.0M | $25.3B | ||
| Q3 25 | $294.8M | $20.0B | ||
| Q2 25 | $305.5M | $19.2B | ||
| Q1 25 | $291.1M | $21.0B | ||
| Q4 24 | $287.5M | $19.5B | ||
| Q3 24 | $269.9M | $20.8B | ||
| Q2 24 | $269.8M | $20.7B | ||
| Q1 24 | $279.1M | $21.6B |
純利益AMET
| Q4 25 | $51.9M | $928.0M | ||
| Q3 25 | $116.0M | $1.0B | ||
| Q2 25 | $124.5M | $1.2B | ||
| Q1 25 | $120.7M | $1.3B | ||
| Q4 24 | $111.2M | $1.1B | ||
| Q3 24 | $99.7M | $1.2B | ||
| Q2 24 | $86.0M | $1.3B | ||
| Q1 24 | $103.9M | $1.2B |
粗利率AMET
| Q4 25 | — | 23.3% | ||
| Q3 25 | — | 27.0% | ||
| Q2 25 | — | 27.5% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 24.8% | ||
| Q2 24 | — | 24.7% | ||
| Q1 24 | — | 23.3% |
営業利益率AMET
| Q4 25 | 33.8% | 8.2% | ||
| Q3 25 | 61.2% | 10.8% | ||
| Q2 25 | 61.0% | 12.0% | ||
| Q1 25 | 60.9% | 11.9% | ||
| Q4 24 | 61.8% | 11.7% | ||
| Q3 24 | 60.2% | 10.5% | ||
| Q2 24 | 56.6% | 11.1% | ||
| Q1 24 | 59.6% | 11.0% |
純利益率AMET
| Q4 25 | 17.5% | 3.7% | ||
| Q3 25 | 39.3% | 5.1% | ||
| Q2 25 | 40.8% | 6.0% | ||
| Q1 25 | 41.5% | 6.3% | ||
| Q4 24 | 38.7% | 5.5% | ||
| Q3 24 | 37.0% | 5.7% | ||
| Q2 24 | 31.9% | 6.3% | ||
| Q1 24 | 37.2% | 5.7% |
EPS（希薄化後）AMET
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.24 | — | ||
| Q2 25 | $0.26 | — | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.23 | — | ||
| Q3 24 | $0.21 | — | ||
| Q2 24 | $0.18 | — | ||
| Q1 24 | $0.21 | — |
貸借対照表と財務力
直近四半期の流動性・レバレッジ・純資産のスナップショット
| 指標 | | |
|---|---|---|
| 現金・短期投資手元流動性 | $180.4M | $1.3B |
| 総負債低いほど良い | $3.2B | $68.3B |
| 株主資本純資産 | $2.0B | $49.0B |
| 総資産 | $5.9B | $141.3B |
| 負債/資本比率低いほどレバレッジが低い | 1.63× | 1.39× |
8四半期トレンド — 暦四半期で整列
現金・短期投資AMET
| Q4 25 | $180.4M | $1.3B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $242.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $312.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $26.1M | — |
総負債AMET
| Q4 25 | $3.2B | $68.3B | ||
| Q3 25 | $3.0B | $63.1B | ||
| Q2 25 | $3.0B | $60.8B | ||
| Q1 25 | $3.1B | $59.8B | ||
| Q4 24 | $3.1B | $59.8B | ||
| Q3 24 | $3.2B | $59.3B | ||
| Q2 24 | $3.2B | $57.6B | ||
| Q1 24 | $3.2B | $53.5B |
株主資本AMET
| Q4 25 | $2.0B | $49.0B | ||
| Q3 25 | $2.1B | $45.3B | ||
| Q2 25 | $2.1B | $45.5B | ||
| Q1 25 | $2.1B | $46.2B | ||
| Q4 24 | $2.1B | $46.0B | ||
| Q3 24 | $2.1B | $46.2B | ||
| Q2 24 | $2.1B | $45.5B | ||
| Q1 24 | $2.2B | $43.8B |
総資産AMET
| Q4 25 | $5.9B | $141.3B | ||
| Q3 25 | $5.7B | $129.3B | ||
| Q2 25 | $5.7B | $125.0B | ||
| Q1 25 | $5.8B | $126.4B | ||
| Q4 24 | $5.8B | $125.4B | ||
| Q3 24 | $5.8B | $124.4B | ||
| Q2 24 | $5.8B | $121.3B | ||
| Q1 24 | $5.7B | $115.8B |
負債/資本比率AMET
| Q4 25 | 1.63× | 1.39× | ||
| Q3 25 | 1.46× | 1.39× | ||
| Q2 25 | 1.45× | 1.33× | ||
| Q1 25 | 1.49× | 1.30× | ||
| Q4 24 | 1.47× | 1.30× | ||
| Q3 24 | 1.49× | 1.28× | ||
| Q2 24 | 1.50× | 1.27× | ||
| Q1 24 | 1.48× | 1.22× |
キャッシュフローと資本効率
再投資後に実際に生み出すキャッシュ。純利益より操作が難しい
| 指標 | | |
|---|---|---|
| 営業キャッシュフロー直近四半期 | $255.5M | $1.9B |
| フリーキャッシュフロー営業CF - 設備投資 | — | $-225.0M |
| FCFマージンFCF / 売上 | — | -0.9% |
| 設備投資強度設備投資 / 売上 | — | 8.4% |
| キャッシュ転換率営業CF / 純利益 | 4.92× | 2.05× |
| 直近12ヶ月FCF直近4四半期 | — | $3.8B |
8四半期トレンド — 暦四半期で整列
営業キャッシュフローAMET
| Q4 25 | $255.5M | $1.9B | ||
| Q3 25 | $212.8M | $2.6B | ||
| Q2 25 | $265.2M | $2.8B | ||
| Q1 25 | $198.9M | $2.9B | ||
| Q4 24 | $232.7M | $2.6B | ||
| Q3 24 | $184.9M | $2.9B | ||
| Q2 24 | $215.8M | $2.3B | ||
| Q1 24 | $210.6M | $3.8B |
フリーキャッシュフローAMET
| Q4 25 | — | $-225.0M | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $184.3M | $1.8B | ||
| Q2 24 | $147.2M | $1.5B | ||
| Q1 24 | $208.5M | $3.0B |
FCFマージンAMET
| Q4 25 | — | -0.9% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 8.1% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | 68.3% | 8.6% | ||
| Q2 24 | 54.6% | 7.0% | ||
| Q1 24 | 74.7% | 13.8% |
設備投資強度AMET
| Q4 25 | — | 8.4% | ||
| Q3 25 | — | 6.5% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 5.8% | ||
| Q4 24 | 0.0% | 7.5% | ||
| Q3 24 | 0.2% | 5.2% | ||
| Q2 24 | 25.4% | 3.9% | ||
| Q1 24 | 0.7% | 3.7% |
キャッシュ転換率AMET
| Q4 25 | 4.92× | 2.05× | ||
| Q3 25 | 1.84× | 2.52× | ||
| Q2 25 | 2.13× | 2.37× | ||
| Q1 25 | 1.65× | 2.20× | ||
| Q4 24 | 2.09× | 2.40× | ||
| Q3 24 | 1.85× | 2.43× | ||
| Q2 24 | 2.51× | 1.73× | ||
| Q1 24 | 2.03× | 3.04× |
財務フロー比較
売上 → 粗利 → 営業利益 → 純利益のサンキー図
セグメント別売上内訳
AM
| Gathering Low Pressure | $114.2M | 38% |
| Natural Gas Water Handling And Treatment Affiliate | $63.2M | 21% |
| Water Handling | $55.7M | 19% |
| Fresh Water Delivery | $37.2M | 13% |
| Other Fluid Handling | $26.9M | 9% |
ET
| Investment In Sunoco LP | $8.6B | 34% |
| NG Landrefinedproductstransportationandservices | $6.2B | 24% |
| NG Lsales | $4.6B | 18% |
| Midstream | $2.7B | 11% |
| Other | $900.0M | 4% |
| External Customers | $805.0M | 3% |
| Interstate Transportation And Storage | $631.0M | 2% |
| Investment In USAC | $252.0M | 1% |
| Intersegment | $97.0M | 0% |
