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Antero Midstream Corp（AM）与BALCHEM CORP（BCPC）财务数据对比。点击上方公司名可切换其他公司
Antero Midstream Corp的季度营收约是BALCHEM CORP的1.1倍（$291.1M vs $270.7M），Antero Midstream Corp净利率更高（41.5% vs 14.9%，领先26.6%），BALCHEM CORP同比增速更快（8.1% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $33.8M），过去两年BALCHEM CORP的营收复合增速更高（7.5% 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。
Balchem Corp是一家全球特种化学品与营养原料供应商，核心业务覆盖人类营养、动物保健、制药、工业应用四大领域，为北美、欧洲、亚太等地区的客户提供定制化专用原料产品。
AM vs BCPC — 直观对比
营收规模更大
AM
是对方的1.1倍
$270.7M
营收增速更快
BCPC
高出15.4%
-7.3%
净利率更高
AM
高出26.6%
14.9%
自由现金流更多
AM
多$153.1M
$33.8M
两年增速更快
BCPC
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $270.7M |
| 净利润 | $120.7M | $40.3M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | 20.5% |
| 净利率 | 41.5% | 14.9% |
| 营收同比 | -7.3% | 8.1% |
| 净利润同比 | 2.1% | 8.7% |
| 每股收益（稀释后） | $0.25 | $1.25 |
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AMBCPC
| Q1 26 | $291.1M | $270.7M | ||
| Q4 25 | $297.0M | $263.6M | ||
| Q3 25 | $294.8M | $267.6M | ||
| Q2 25 | $305.5M | $255.5M | ||
| Q1 25 | $291.1M | $250.5M | ||
| Q4 24 | $287.5M | $240.0M | ||
| Q3 24 | $269.9M | $239.9M | ||
| Q2 24 | $269.8M | $234.1M |
净利润AMBCPC
| Q1 26 | $120.7M | $40.3M | ||
| Q4 25 | $51.9M | $39.2M | ||
| Q3 25 | $116.0M | $40.3M | ||
| Q2 25 | $124.5M | $38.3M | ||
| Q1 25 | $120.7M | $37.1M | ||
| Q4 24 | $111.2M | $33.6M | ||
| Q3 24 | $99.7M | $33.8M | ||
| Q2 24 | $86.0M | $32.1M |
毛利率AMBCPC
| Q1 26 | — | — | ||
| Q4 25 | — | 35.6% | ||
| Q3 25 | — | 35.7% | ||
| Q2 25 | — | 36.4% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 36.0% | ||
| Q3 24 | — | 35.6% | ||
| Q2 24 | — | 35.5% |
营业利润率AMBCPC
| Q1 26 | 60.9% | 20.5% | ||
| Q4 25 | 33.8% | 19.8% | ||
| Q3 25 | 61.2% | 20.4% | ||
| Q2 25 | 61.0% | 20.1% | ||
| Q1 25 | 60.9% | 20.4% | ||
| Q4 24 | 61.8% | 19.8% | ||
| Q3 24 | 60.2% | 20.0% | ||
| Q2 24 | 56.6% | 19.6% |
净利率AMBCPC
| Q1 26 | 41.5% | 14.9% | ||
| Q4 25 | 17.5% | 14.9% | ||
| Q3 25 | 39.3% | 15.1% | ||
| Q2 25 | 40.8% | 15.0% | ||
| Q1 25 | 41.5% | 14.8% | ||
| Q4 24 | 38.7% | 14.0% | ||
| Q3 24 | 37.0% | 14.1% | ||
| Q2 24 | 31.9% | 13.7% |
每股收益（稀释后）AMBCPC
| Q1 26 | $0.25 | $1.25 | ||
| Q4 25 | $0.11 | $1.21 | ||
| Q3 25 | $0.24 | $1.24 | ||
| Q2 25 | $0.26 | $1.17 | ||
| Q1 25 | $0.25 | $1.13 | ||
| Q4 24 | $0.23 | $1.03 | ||
| Q3 24 | $0.21 | $1.03 | ||
| Q2 24 | $0.18 | $0.98 |
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 | $72.9M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $1.3B |
| 总资产 | $5.9B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.63× | — |
8季度趋势，按日历期对齐
现金及短期投资AMBCPC
| Q1 26 | $180.4M | $72.9M | ||
| Q4 25 | $180.4M | $74.6M | ||
| Q3 25 | — | $65.1M | ||
| Q2 25 | — | $65.4M | ||
| Q1 25 | — | $49.9M | ||
| Q4 24 | — | $49.5M | ||
| Q3 24 | — | $73.7M | ||
| Q2 24 | — | $63.7M |
总债务AMBCPC
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — |
股东权益AMBCPC
| Q1 26 | $2.0B | $1.3B | ||
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.1B | $1.1B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.1B | $1.1B |
总资产AMBCPC
| Q1 26 | $5.9B | $1.7B | ||
| Q4 25 | $5.9B | $1.7B | ||
| Q3 25 | $5.7B | $1.7B | ||
| Q2 25 | $5.7B | $1.7B | ||
| Q1 25 | $5.8B | $1.6B | ||
| Q4 24 | $5.8B | $1.6B | ||
| Q3 24 | $5.8B | $1.6B | ||
| Q2 24 | $5.8B | $1.6B |
负债/权益比AMBCPC
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 1.45× | — | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 1.50× | — |
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 | $40.1M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $33.8M |
| 自由现金流率自由现金流/营收 | 64.2% | 12.5% |
| 资本支出强度资本支出/营收 | 11.1% | 2.3% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.99× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AMBCPC
| Q1 26 | $198.9M | $40.1M | ||
| Q4 25 | $255.5M | $67.3M | ||
| Q3 25 | $212.8M | $65.6M | ||
| Q2 25 | $265.2M | $47.3M | ||
| Q1 25 | $198.9M | $36.5M | ||
| Q4 24 | $232.7M | $52.3M | ||
| Q3 24 | $184.9M | $51.3M | ||
| Q2 24 | $215.8M | $45.0M |
自由现金流AMBCPC
| Q1 26 | $186.9M | $33.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $184.3M | — | ||
| Q2 24 | $147.2M | — |
自由现金流率AMBCPC
| Q1 26 | 64.2% | 12.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 68.3% | — | ||
| Q2 24 | 54.6% | — |
资本支出强度AMBCPC
| Q1 26 | 11.1% | 2.3% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 25.4% | — |
现金转化率AMBCPC
| Q1 26 | 1.65× | 0.99× | ||
| Q4 25 | 4.92× | 1.72× | ||
| Q3 25 | 1.84× | 1.63× | ||
| Q2 25 | 2.13× | 1.23× | ||
| Q1 25 | 1.65× | 0.98× | ||
| Q4 24 | 2.09× | 1.56× | ||
| Q3 24 | 1.85× | 1.52× | ||
| Q2 24 | 2.51× | 1.40× |
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% |
BCPC
暂无分部数据
