vs
阿拉斯加航空集团（ALK）与Expand Energy（EXE）财务数据对比。点击上方公司名可切换其他公司
阿拉斯加航空集团的季度营收约是Expand Energy的1.0倍（$3.3B vs $3.3B），Expand Energy净利率更高（16.9% vs -5.8%，领先22.7%），Expand Energy同比增速更快（63.5% vs 5.2%），过去两年Expand Energy的营收复合增速更高（29.6% vs 6.7%）
阿拉斯加航空集团是总部位于美国华盛顿州西塔科的航空控股企业，旗下拥有阿拉斯加航空、夏威夷航空两家干线航司，以及区域航司地平线航空，阿拉斯加航空还全资控股飞机地面服务提供商麦吉航空服务。
Expand Energy是按净日产量统计的美国最大独立天然气生产商，总部位于俄克拉荷马城，运营范围覆盖宾夕法尼亚州、西弗吉尼亚州境内马塞勒斯地层的阿巴拉契亚盆地，以及路易斯安那州西北部的海恩斯维尔页岩区块。
ALK vs EXE — 直观对比
营收规模更大
ALK
是对方的1.0倍
$3.3B
营收增速更快
EXE
高出58.3%
5.2%
净利率更高
EXE
高出22.7%
-5.8%
两年增速更快
EXE
近两年复合增速
6.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $3.3B |
| 净利润 | $-193.0M | $553.0M |
| 毛利率 | — | — |
| 营业利润率 | — | 22.8% |
| 净利率 | -5.8% | 16.9% |
| 营收同比 | 5.2% | 63.5% |
| 净利润同比 | -16.3% | 238.6% |
| 每股收益（稀释后） | $-1.69 | $2.33 |
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ALKEXE
| Q1 26 | $3.3B | — | ||
| Q4 25 | $3.6B | $3.3B | ||
| Q3 25 | $3.8B | $3.0B | ||
| Q2 25 | $3.7B | $3.7B | ||
| Q1 25 | $3.1B | $2.2B | ||
| Q4 24 | $3.5B | $2.0B | ||
| Q3 24 | $3.1B | $648.0M | ||
| Q2 24 | $2.9B | — |
净利润ALKEXE
| Q1 26 | $-193.0M | — | ||
| Q4 25 | $21.0M | $553.0M | ||
| Q3 25 | $73.0M | $547.0M | ||
| Q2 25 | $172.0M | $968.0M | ||
| Q1 25 | $-166.0M | $-249.0M | ||
| Q4 24 | $71.0M | $-399.0M | ||
| Q3 24 | $236.0M | $-114.0M | ||
| Q2 24 | $220.0M | — |
营业利润率ALKEXE
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | 22.8% | ||
| Q3 25 | 3.9% | 24.4% | ||
| Q2 25 | 7.5% | 34.4% | ||
| Q1 25 | -6.3% | -12.2% | ||
| Q4 24 | 2.1% | -19.3% | ||
| Q3 24 | 11.1% | -23.9% | ||
| Q2 24 | 11.1% | — |
净利率ALKEXE
| Q1 26 | -5.8% | — | ||
| Q4 25 | 0.6% | 16.9% | ||
| Q3 25 | 1.9% | 18.4% | ||
| Q2 25 | 4.6% | 26.2% | ||
| Q1 25 | -5.3% | -11.3% | ||
| Q4 24 | 2.0% | -19.9% | ||
| Q3 24 | 7.7% | -17.6% | ||
| Q2 24 | 7.6% | — |
每股收益（稀释后）ALKEXE
| Q1 26 | $-1.69 | — | ||
| Q4 25 | $0.14 | $2.33 | ||
| Q3 25 | $0.62 | $2.28 | ||
| Q2 25 | $1.42 | $4.02 | ||
| Q1 25 | $-1.35 | $-1.06 | ||
| Q4 24 | $0.58 | $-2.15 | ||
| Q3 24 | $1.84 | $-0.85 | ||
| Q2 24 | $1.71 | — |
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 | $451.0M | $616.0M |
| 总债务越低越好 | $5.3B | $5.0B |
| 股东权益账面价值 | $3.7B | $18.6B |
| 总资产 | $20.3B | $28.3B |
| 负债/权益比越低杠杆越低 | 1.43× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资ALKEXE
| Q1 26 | $451.0M | — | ||
| Q4 25 | $627.0M | $616.0M | ||
| Q3 25 | $2.3B | $613.0M | ||
| Q2 25 | $2.1B | $731.0M | ||
| Q1 25 | $2.5B | $349.0M | ||
| Q4 24 | $2.5B | $317.0M | ||
| Q3 24 | $2.5B | $1.0B | ||
| Q2 24 | $2.5B | — |
总债务ALKEXE
| Q1 26 | $5.3B | — | ||
| Q4 25 | $4.8B | $5.0B | ||
| Q3 25 | $5.0B | $5.0B | ||
| Q2 25 | $4.9B | $5.1B | ||
| Q1 25 | $4.8B | $5.2B | ||
| Q4 24 | $4.5B | $5.7B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $2.7B | — |
股东权益ALKEXE
| Q1 26 | $3.7B | — | ||
| Q4 25 | $4.1B | $18.6B | ||
| Q3 25 | $4.0B | $18.1B | ||
| Q2 25 | $3.9B | $17.9B | ||
| Q1 25 | $4.1B | $17.2B | ||
| Q4 24 | $4.4B | $17.6B | ||
| Q3 24 | $4.5B | $10.2B | ||
| Q2 24 | $4.2B | — |
总资产ALKEXE
| Q1 26 | $20.3B | — | ||
| Q4 25 | $20.4B | $28.3B | ||
| Q3 25 | $20.0B | $27.6B | ||
| Q2 25 | $19.9B | $27.8B | ||
| Q1 25 | $19.8B | $27.9B | ||
| Q4 24 | $19.8B | $27.9B | ||
| Q3 24 | $19.6B | $13.4B | ||
| Q2 24 | $15.3B | — |
负债/权益比ALKEXE
| Q1 26 | 1.43× | — | ||
| Q4 25 | 1.17× | 0.27× | ||
| Q3 25 | 1.24× | 0.28× | ||
| Q2 25 | 1.26× | 0.29× | ||
| Q1 25 | 1.16× | 0.30× | ||
| Q4 24 | 1.04× | 0.32× | ||
| Q3 24 | 1.03× | — | ||
| Q2 24 | 0.63× | — |
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 | $229.0M | $956.0M |
| 自由现金流经营现金流 - 资本支出 | — | $215.0M |
| 自由现金流率自由现金流/营收 | — | 6.6% |
| 资本支出强度资本支出/营收 | 10.2% | 22.6% |
| 现金转化率经营现金流/净利润 | — | 1.73× |
| 过去12个月自由现金流最近4个季度 | — | $1.8B |
8季度趋势，按日历期对齐
经营现金流ALKEXE
| Q1 26 | $229.0M | — | ||
| Q4 25 | $185.0M | $956.0M | ||
| Q3 25 | $229.0M | $1.2B | ||
| Q2 25 | $376.0M | $1.3B | ||
| Q1 25 | $459.0M | $1.1B | ||
| Q4 24 | $274.0M | $382.0M | ||
| Q3 24 | $318.0M | $422.0M | ||
| Q2 24 | $580.0M | — |
自由现金流ALKEXE
| Q1 26 | — | — | ||
| Q4 25 | — | $215.0M | ||
| Q3 25 | — | $426.0M | ||
| Q2 25 | — | $665.0M | ||
| Q1 25 | — | $533.0M | ||
| Q4 24 | — | $-154.0M | ||
| Q3 24 | — | $124.0M | ||
| Q2 24 | — | — |
自由现金流率ALKEXE
| Q1 26 | — | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 14.4% | ||
| Q2 25 | — | 18.0% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | -7.7% | ||
| Q3 24 | — | 19.1% | ||
| Q2 24 | — | — |
资本支出强度ALKEXE
| Q1 26 | 10.2% | — | ||
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.1% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | 25.6% | ||
| Q4 24 | — | 26.8% | ||
| Q3 24 | — | 46.0% | ||
| Q2 24 | — | — |
现金转化率ALKEXE
| Q1 26 | — | — | ||
| Q4 25 | 8.81× | 1.73× | ||
| Q3 25 | 3.14× | 2.20× | ||
| Q2 25 | 2.19× | 1.37× | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.86× | — | ||
| Q3 24 | 1.35× | — | ||
| Q2 24 | 2.64× | — |
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
ALK
| Passenger revenue | $2.9B | 88% |
| Loyalty program other revenue | $227.0M | 7% |
| Cargo and other revenue | $153.0M | 5% |
EXE
| Oil And Gas | $2.3B | 70% |
| Natural Gas Marketing Sales | $734.0M | 22% |
| Natural Gas Liquids Sales | $174.0M | 5% |
| Natural Gas Liquids Marketing Sales | $34.0M | 1% |
| Oil Marketing Sales | $31.0M | 1% |
