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Antero Midstream Corp（AM）与Artisan Partners Asset Management Inc.（APAM）财务数据对比。点击上方公司名可切换其他公司
Artisan Partners Asset Management Inc.的季度营收约是Antero Midstream Corp的1.2倍（$335.5M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 35.2%，领先6.3%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $171.6M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 3.9%）
Antero Midstream Corp是美国能源企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开采，核心业务涵盖油气勘探开发相关领域。
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
AM vs APAM — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $335.5M |
| 净利润 | $120.7M | $118.1M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | 39.2% |
| 净利率 | 41.5% | 35.2% |
| 营收同比 | -7.3% | 12.9% |
| 净利润同比 | 2.1% | 34.9% |
| 每股收益（稀释后） | $0.25 | $1.36 |
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
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $335.5M | ||
| Q3 25 | $294.8M | $301.3M | ||
| Q2 25 | $305.5M | $282.7M | ||
| Q1 25 | $291.1M | $277.1M | ||
| Q4 24 | $287.5M | $297.1M | ||
| Q3 24 | $269.9M | $279.6M | ||
| Q2 24 | $269.8M | $270.8M |
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $118.1M | ||
| Q3 25 | $116.0M | $66.8M | ||
| Q2 25 | $124.5M | $67.6M | ||
| Q1 25 | $120.7M | $61.1M | ||
| Q4 24 | $111.2M | $87.5M | ||
| Q3 24 | $99.7M | $73.0M | ||
| Q2 24 | $86.0M | $57.6M |
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 39.2% | ||
| Q3 25 | 61.2% | 33.8% | ||
| Q2 25 | 61.0% | 28.2% | ||
| Q1 25 | 60.9% | 31.2% | ||
| Q4 24 | 61.8% | 36.7% | ||
| Q3 24 | 60.2% | 33.3% | ||
| Q2 24 | 56.6% | 32.0% |
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 35.2% | ||
| Q3 25 | 39.3% | 22.2% | ||
| Q2 25 | 40.8% | 23.9% | ||
| Q1 25 | 41.5% | 22.1% | ||
| Q4 24 | 38.7% | 29.5% | ||
| Q3 24 | 37.0% | 26.1% | ||
| Q2 24 | 31.9% | 21.3% |
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $1.36 | ||
| Q3 25 | $0.24 | $0.93 | ||
| Q2 25 | $0.26 | $0.94 | ||
| Q1 25 | $0.25 | $0.82 | ||
| Q4 24 | $0.23 | $0.99 | ||
| Q3 24 | $0.21 | $1.03 | ||
| Q2 24 | $0.18 | $0.80 |
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 | $180.4M | — |
| 总债务越低越好 | $3.2B | $190.0M |
| 股东权益账面价值 | $2.0B | $438.8M |
| 总资产 | $5.9B | $1.6B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.43× |
8季度趋势，按日历期对齐
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $190.0M | ||
| Q3 25 | $3.0B | $190.0M | ||
| Q2 25 | $3.0B | $200.0M | ||
| Q1 25 | $3.1B | $200.0M | ||
| Q4 24 | $3.1B | $200.0M | ||
| Q3 24 | $3.2B | $200.0M | ||
| Q2 24 | $3.2B | $200.0M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $438.8M | ||
| Q3 25 | $2.1B | $402.1M | ||
| Q2 25 | $2.1B | $381.8M | ||
| Q1 25 | $2.1B | $356.5M | ||
| Q4 24 | $2.1B | $388.9M | ||
| Q3 24 | $2.1B | $372.1M | ||
| Q2 24 | $2.1B | $341.2M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $1.6B | ||
| Q3 25 | $5.7B | $1.6B | ||
| Q2 25 | $5.7B | $1.4B | ||
| Q1 25 | $5.8B | $1.4B | ||
| Q4 24 | $5.8B | $1.6B | ||
| Q3 24 | $5.8B | $1.6B | ||
| Q2 24 | $5.8B | $1.5B |
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 0.43× | ||
| Q3 25 | 1.46× | 0.47× | ||
| Q2 25 | 1.45× | 0.52× | ||
| Q1 25 | 1.49× | 0.56× | ||
| Q4 24 | 1.47× | 0.51× | ||
| Q3 24 | 1.49× | 0.54× | ||
| Q2 24 | 1.50× | 0.59× |
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 | $198.9M | $172.0M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $171.6M |
| 自由现金流率自由现金流/营收 | 64.2% | 51.2% |
| 资本支出强度资本支出/营收 | 11.1% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.46× |
| 过去12个月自由现金流最近4个季度 | — | $420.6M |
8季度趋势，按日历期对齐
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $172.0M | ||
| Q3 25 | $212.8M | $40.4M | ||
| Q2 25 | $265.2M | $50.9M | ||
| Q1 25 | $198.9M | $157.9M | ||
| Q4 24 | $232.7M | $372.8M | ||
| Q3 24 | $184.9M | $112.8M | ||
| Q2 24 | $215.8M | $75.9M |
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $171.6M | ||
| Q3 25 | — | $40.4M | ||
| Q2 25 | — | $50.9M | ||
| Q1 25 | — | $157.7M | ||
| Q4 24 | — | $371.3M | ||
| Q3 24 | $184.3M | $112.4M | ||
| Q2 24 | $147.2M | $75.2M |
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 51.2% | ||
| Q3 25 | — | 13.4% | ||
| Q2 25 | — | 18.0% | ||
| Q1 25 | — | 56.9% | ||
| Q4 24 | — | 125.0% | ||
| Q3 24 | 68.3% | 40.2% | ||
| Q2 24 | 54.6% | 27.8% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.2% | 0.1% | ||
| Q2 24 | 25.4% | 0.2% |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 1.46× | ||
| Q3 25 | 1.84× | 0.60× | ||
| Q2 25 | 2.13× | 0.75× | ||
| Q1 25 | 1.65× | 2.58× | ||
| Q4 24 | 2.09× | 4.26× | ||
| Q3 24 | 1.85× | 1.54× | ||
| Q2 24 | 2.51× | 1.32× |
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
AM
| Gathering and compression–Antero Resources | $238.0M | 82% |
| Other | $52.3M | 18% |
| Water handling–third party | $505.0K | 0% |
| Gathering and compression–third party | $295.0K | 0% |
APAM
暂无分部数据
