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Antero Midstream Corp（AM）与Apple Hospitality REIT, Inc.（APLE）财务数据对比。点击上方公司名可切换其他公司
Apple Hospitality REIT, Inc.的季度营收约是Antero Midstream Corp的1.1倍（$326.4M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 9.1%，领先32.4%），Apple Hospitality REIT, Inc.同比增速更快（-2.0% vs -7.3%），Apple Hospitality REIT, Inc.自由现金流更多（$282.0M vs $186.9M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% vs -0.5%）
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。
莱曼 hospitality properties是一家深耕酒店、度假村、娱乐及媒体领域的企业，得名于旗下核心资产——位于田纳西州纳什维尔的国家历史地标莱曼礼堂。公司历史可追溯至曾作为爱德华·盖洛德旗下俄克拉荷马出版公司子公司的时期，1983年收购WSM公司后，拿下大奥普里等知名IP，奠定了如今的业务发展基础。
AM vs APLE — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $326.4M |
| 净利润 | $120.7M | $29.6M |
| 毛利率 | — | 37.2% |
| 营业利润率 | 60.9% | 15.2% |
| 净利率 | 41.5% | 9.1% |
| 营收同比 | -7.3% | -2.0% |
| 净利润同比 | 2.1% | -0.7% |
| 每股收益（稀释后） | $0.25 | $0.13 |
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 | $326.4M | ||
| Q3 25 | $294.8M | $373.9M | ||
| Q2 25 | $305.5M | $384.4M | ||
| Q1 25 | $291.1M | $327.7M | ||
| Q4 24 | $287.5M | $333.0M | ||
| Q3 24 | $269.9M | $378.8M | ||
| Q2 24 | $269.8M | $390.1M |
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $29.6M | ||
| Q3 25 | $116.0M | $50.9M | ||
| Q2 25 | $124.5M | $63.6M | ||
| Q1 25 | $120.7M | $31.2M | ||
| Q4 24 | $111.2M | $29.8M | ||
| Q3 24 | $99.7M | $56.3M | ||
| Q2 24 | $86.0M | $73.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 40.6% | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 39.0% | ||
| Q4 24 | — | 38.6% | ||
| Q3 24 | — | 41.9% | ||
| Q2 24 | — | 44.6% |
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 15.2% | ||
| Q3 25 | 61.2% | 19.4% | ||
| Q2 25 | 61.0% | 22.1% | ||
| Q1 25 | 60.9% | 15.5% | ||
| Q4 24 | 61.8% | 15.0% | ||
| Q3 24 | 60.2% | 20.5% | ||
| Q2 24 | 56.6% | 24.0% |
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 9.1% | ||
| Q3 25 | 39.3% | 13.6% | ||
| Q2 25 | 40.8% | 16.6% | ||
| Q1 25 | 41.5% | 9.5% | ||
| Q4 24 | 38.7% | 9.0% | ||
| Q3 24 | 37.0% | 14.9% | ||
| Q2 24 | 31.9% | 19.0% |
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.13 | ||
| Q3 25 | $0.24 | $0.21 | ||
| Q2 25 | $0.26 | $0.27 | ||
| Q1 25 | $0.25 | $0.13 | ||
| Q4 24 | $0.23 | $0.13 | ||
| Q3 24 | $0.21 | $0.23 | ||
| Q2 24 | $0.18 | $0.31 |
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 | $8.5M |
| 总债务越低越好 | $3.2B | $1.5B |
| 股东权益账面价值 | $2.0B | $3.1B |
| 总资产 | $5.9B | $4.9B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.49× |
8季度趋势，按日历期对齐
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $8.5M | ||
| Q3 25 | — | $50.3M | ||
| Q2 25 | — | $7.9M | ||
| Q1 25 | — | $14.9M | ||
| Q4 24 | — | $10.3M | ||
| Q3 24 | — | $6.1M | ||
| Q2 24 | — | $7.2M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $1.5B | ||
| Q3 25 | $3.0B | $1.5B | ||
| Q2 25 | $3.0B | $1.5B | ||
| Q1 25 | $3.1B | $1.5B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | $3.2B | $1.5B | ||
| Q2 24 | $3.2B | $1.5B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $3.1B | ||
| Q3 25 | $2.1B | $3.2B | ||
| Q2 25 | $2.1B | $3.2B | ||
| Q1 25 | $2.1B | $3.2B | ||
| Q4 24 | $2.1B | $3.3B | ||
| Q3 24 | $2.1B | $3.3B | ||
| Q2 24 | $2.1B | $3.3B |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $4.9B | ||
| Q3 25 | $5.7B | $4.9B | ||
| Q2 25 | $5.7B | $4.9B | ||
| Q1 25 | $5.8B | $4.9B | ||
| Q4 24 | $5.8B | $5.0B | ||
| Q3 24 | $5.8B | $5.0B | ||
| Q2 24 | $5.8B | $5.1B |
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 0.49× | ||
| Q3 25 | 1.46× | 0.47× | ||
| Q2 25 | 1.45× | 0.48× | ||
| Q1 25 | 1.49× | 0.48× | ||
| Q4 24 | 1.47× | 0.45× | ||
| Q3 24 | 1.49× | 0.46× | ||
| Q2 24 | 1.50× | 0.46× |
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 | $370.2M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $282.0M |
| 自由现金流率自由现金流/营收 | 64.2% | 86.4% |
| 资本支出强度资本支出/营收 | 11.1% | 27.0% |
| 现金转化率经营现金流/净利润 | 1.65× | 12.50× |
| 过去12个月自由现金流最近4个季度 | — | $516.8M |
8季度趋势，按日历期对齐
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $370.2M | ||
| Q3 25 | $212.8M | $126.4M | ||
| Q2 25 | $265.2M | $108.8M | ||
| Q1 25 | $198.9M | $49.1M | ||
| Q4 24 | $232.7M | $405.4M | ||
| Q3 24 | $184.9M | $128.2M | ||
| Q2 24 | $215.8M | $127.3M |
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $282.0M | ||
| Q3 25 | — | $109.0M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $29.5M | ||
| Q4 24 | — | $327.1M | ||
| Q3 24 | $184.3M | $113.1M | ||
| Q2 24 | $147.2M | $115.0M |
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 86.4% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 25.0% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 98.2% | ||
| Q3 24 | 68.3% | 29.9% | ||
| Q2 24 | 54.6% | 29.5% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 27.0% | ||
| Q3 25 | — | 4.7% | ||
| Q2 25 | — | 3.3% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | 0.0% | 23.5% | ||
| Q3 24 | 0.2% | 4.0% | ||
| Q2 24 | 25.4% | 3.2% |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 12.50× | ||
| Q3 25 | 1.84× | 2.49× | ||
| Q2 25 | 2.13× | 1.71× | ||
| Q1 25 | 1.65× | 1.57× | ||
| Q4 24 | 2.09× | 13.59× | ||
| Q3 24 | 1.85× | 2.28× | ||
| Q2 24 | 2.51× | 1.72× |
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% |
APLE
| Occupancy | $293.0M | 90% |
| Hotel Other | $17.2M | 5% |
| Food And Beverage | $16.3M | 5% |
