vs
Alliance Laundry Holdings Inc.（ALH）与GENESIS ENERGY LP（GEL）财务数据对比。点击上方公司名可切换其他公司
GENESIS ENERGY LP的季度营收约是Alliance Laundry Holdings Inc.的1.0倍（$440.8M vs $437.6M），Alliance Laundry Holdings Inc.净利率更高（7.5% vs 4.5%，领先3.0%），Alliance Laundry Holdings Inc.同比增速更快（13.9% vs 10.5%），GENESIS ENERGY LP自由现金流更多（$87.0M vs $87.0M）
联合洗衣控股有限公司是美国商业洗衣系统供应商，旗下拥有Speed Queen、Primus等多个知名品牌，专注于商用及工业洗衣设备的设计、生产与销售，产品覆盖洗衣机、滚筒烘干机、熨烫机等，服务于投币洗衣点、多住户住宅洗衣房、机构洗衣设施及家用洗衣场景，业务遍及全球100多个国家和地区。
Genesis Energy LP是一家总部位于美国的中游能源合伙企业，主营原油、天然气、成品油及特种工业原料的基础设施运营与物流服务，旗下资产涵盖管道、仓储码头、海运设施及铁路物流枢纽，为北美地区的炼油厂、工业客户及能源分销商提供服务。
ALH vs GEL — 直观对比
营收规模更大
GEL
是对方的1.0倍
$437.6M
营收增速更快
ALH
高出3.4%
10.5%
净利率更高
ALH
高出3.0%
4.5%
自由现金流更多
GEL
多$1.0K
$87.0M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $437.6M | $440.8M |
| 净利润 | $32.9M | $19.9M |
| 毛利率 | 37.0% | — |
| 营业利润率 | 19.5% | 20.4% |
| 净利率 | 7.5% | 4.5% |
| 营收同比 | 13.9% | 10.5% |
| 净利润同比 | 620.3% | 140.2% |
| 每股收益（稀释后） | $0.19 | $0.04 |
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ALHGEL
| Q4 25 | — | $440.8M | ||
| Q3 25 | $437.6M | $414.0M | ||
| Q2 25 | — | $377.3M | ||
| Q1 25 | — | $398.3M | ||
| Q4 24 | — | $398.9M | ||
| Q3 24 | $384.3M | $397.3M | ||
| Q2 24 | — | $430.2M | ||
| Q1 24 | — | $434.4M |
净利润ALHGEL
| Q4 25 | — | $19.9M | ||
| Q3 25 | $32.9M | $9.2M | ||
| Q2 25 | — | $-406.0K | ||
| Q1 25 | — | $-469.1M | ||
| Q4 24 | — | $-49.4M | ||
| Q3 24 | $-6.3M | $-17.2M | ||
| Q2 24 | — | $-8.7M | ||
| Q1 24 | — | $11.4M |
毛利率ALHGEL
| Q4 25 | — | — | ||
| Q3 25 | 37.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 37.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率ALHGEL
| Q4 25 | — | 20.4% | ||
| Q3 25 | 19.5% | 19.0% | ||
| Q2 25 | — | 17.9% | ||
| Q1 25 | — | 5.5% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | 18.7% | 12.2% | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 13.4% |
净利率ALHGEL
| Q4 25 | — | 4.5% | ||
| Q3 25 | 7.5% | 2.2% | ||
| Q2 25 | — | -0.1% | ||
| Q1 25 | — | -117.8% | ||
| Q4 24 | — | -12.4% | ||
| Q3 24 | -1.6% | -4.3% | ||
| Q2 24 | — | -2.0% | ||
| Q1 24 | — | 2.6% |
每股收益（稀释后）ALHGEL
| Q4 25 | — | $0.04 | ||
| Q3 25 | $0.19 | $-0.05 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $-4.06 | ||
| Q4 24 | — | $-0.58 | ||
| Q3 24 | $-0.04 | $-0.32 | ||
| Q2 24 | — | $-0.25 | ||
| Q1 24 | — | $-0.09 |
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 | $136.2M | $6.4M |
| 总债务越低越好 | — | $3.0B |
| 股东权益账面价值 | $-136.4M | — |
| 总资产 | $2.9B | $4.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALHGEL
| Q4 25 | — | $6.4M | ||
| Q3 25 | $136.2M | $4.9M | ||
| Q2 25 | — | $4.5M | ||
| Q1 25 | — | $377.4M | ||
| Q4 24 | — | $7.4M | ||
| Q3 24 | $128.4M | $13.0M | ||
| Q2 24 | — | $13.7M | ||
| Q1 24 | — | $7.0M |
总债务ALHGEL
| Q4 25 | — | $3.0B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.4B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.8B |
股东权益ALHGEL
| Q4 25 | — | — | ||
| Q3 25 | $-136.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-284.6M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总资产ALHGEL
| Q4 25 | — | $4.9B | ||
| Q3 25 | $2.9B | $4.9B | ||
| Q2 25 | — | $4.8B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $7.0B | ||
| Q3 24 | — | $7.1B | ||
| Q2 24 | — | $7.0B | ||
| Q1 24 | — | $6.9B |
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 | $116.8M | $110.8M |
| 自由现金流经营现金流 - 资本支出 | $87.0M | $87.0M |
| 自由现金流率自由现金流/营收 | 19.9% | 19.7% |
| 资本支出强度资本支出/营收 | 6.8% | 5.4% |
| 现金转化率经营现金流/净利润 | 3.55× | 5.58× |
| 过去12个月自由现金流最近4个季度 | — | $65.9M |
8季度趋势，按日历期对齐
经营现金流ALHGEL
| Q4 25 | — | $110.8M | ||
| Q3 25 | $116.8M | $70.3M | ||
| Q2 25 | — | $47.0M | ||
| Q1 25 | — | $24.8M | ||
| Q4 24 | — | $74.0M | ||
| Q3 24 | — | $87.3M | ||
| Q2 24 | — | $104.7M | ||
| Q1 24 | — | $125.9M |
自由现金流ALHGEL
| Q4 25 | — | $87.0M | ||
| Q3 25 | $87.0M | $43.3M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | — | $-56.8M | ||
| Q4 24 | — | $-47.1M | ||
| Q3 24 | — | $-32.3M | ||
| Q2 24 | — | $-67.5M | ||
| Q1 24 | — | $-48.3M |
自由现金流率ALHGEL
| Q4 25 | — | 19.7% | ||
| Q3 25 | 19.9% | 10.5% | ||
| Q2 25 | — | -2.0% | ||
| Q1 25 | — | -14.3% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | — | -8.1% | ||
| Q2 24 | — | -15.7% | ||
| Q1 24 | — | -11.1% |
资本支出强度ALHGEL
| Q4 25 | — | 5.4% | ||
| Q3 25 | 6.8% | 6.5% | ||
| Q2 25 | — | 14.5% | ||
| Q1 25 | — | 20.5% | ||
| Q4 24 | — | 30.3% | ||
| Q3 24 | — | 30.1% | ||
| Q2 24 | — | 40.0% | ||
| Q1 24 | — | 40.1% |
现金转化率ALHGEL
| Q4 25 | — | 5.58× | ||
| Q3 25 | 3.55× | 7.63× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 11.09× |
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
ALH
| Equipment Product Or Service | $275.7M | 63% |
| Other | $106.8M | 24% |
| Service Parts | $33.1M | 8% |
| Equipment Financing | $12.6M | 3% |
GEL
| Onshore Facilities And Transportation Revenue | $204.2M | 46% |
| Offshore Pipeline Transportation Revenue | $154.3M | 35% |
| Marine Transportation Revenue | $82.2M | 19% |
