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Antero Midstream Corp（AM）与CBIZ, Inc.（CBZ）财务数据对比。点击上方公司名可切换其他公司
CBIZ, Inc.的季度营收约是Antero Midstream Corp的1.8倍（$542.7M vs $297.0M），Antero Midstream Corp净利率更高（17.5% vs -14.6%，领先32.1%），CBIZ, Inc.同比增速更快（100.0% vs 3.3%），过去两年CBIZ, Inc.的营收复合增速更高（13.7% vs 3.2%）
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。
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
AM vs CBZ — 直观对比
营收规模更大
CBZ
是对方的1.8倍
$297.0M
营收增速更快
CBZ
高出96.7%
3.3%
净利率更高
AM
高出32.1%
-14.6%
两年增速更快
CBZ
近两年复合增速
3.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $297.0M | $542.7M |
| 净利润 | $51.9M | $-79.4M |
| 毛利率 | — | — |
| 营业利润率 | 33.8% | 43.1% |
| 净利率 | 17.5% | -14.6% |
| 营收同比 | 3.3% | 100.0% |
| 净利润同比 | -53.3% | 4.2% |
| 每股收益（稀释后） | $0.11 | $-1.28 |
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AMCBZ
| Q1 26 | — | $542.7M | ||
| Q4 25 | $297.0M | $542.7M | ||
| Q3 25 | $294.8M | $693.8M | ||
| Q2 25 | $305.5M | $683.5M | ||
| Q1 25 | $291.1M | $838.0M | ||
| Q4 24 | $287.5M | $460.3M | ||
| Q3 24 | $269.9M | $438.9M | ||
| Q2 24 | $269.8M | $420.0M |
净利润AMCBZ
| Q1 26 | — | $-79.4M | ||
| Q4 25 | $51.9M | $-79.4M | ||
| Q3 25 | $116.0M | $30.1M | ||
| Q2 25 | $124.5M | $41.9M | ||
| Q1 25 | $120.7M | $122.8M | ||
| Q4 24 | $111.2M | $-90.7M | ||
| Q3 24 | $99.7M | $35.1M | ||
| Q2 24 | $86.0M | $19.8M |
毛利率AMCBZ
| Q1 26 | — | — | ||
| Q4 25 | — | -9.4% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | -13.4% | ||
| Q3 24 | — | 16.6% | ||
| Q2 24 | — | 12.8% |
营业利润率AMCBZ
| Q1 26 | — | 43.1% | ||
| Q4 25 | 33.8% | -15.7% | ||
| Q3 25 | 61.2% | 8.5% | ||
| Q2 25 | 61.0% | 8.8% | ||
| Q1 25 | 60.9% | 23.9% | ||
| Q4 24 | 61.8% | -23.2% | ||
| Q3 24 | 60.2% | 11.3% | ||
| Q2 24 | 56.6% | 7.5% |
净利率AMCBZ
| Q1 26 | — | -14.6% | ||
| Q4 25 | 17.5% | -14.6% | ||
| Q3 25 | 39.3% | 4.3% | ||
| Q2 25 | 40.8% | 6.1% | ||
| Q1 25 | 41.5% | 14.7% | ||
| Q4 24 | 38.7% | -19.7% | ||
| Q3 24 | 37.0% | 8.0% | ||
| Q2 24 | 31.9% | 4.7% |
每股收益（稀释后）AMCBZ
| Q1 26 | — | $-1.28 | ||
| Q4 25 | $0.11 | $-1.22 | ||
| Q3 25 | $0.24 | $0.48 | ||
| Q2 25 | $0.26 | $0.66 | ||
| Q1 25 | $0.25 | $1.91 | ||
| Q4 24 | $0.23 | $-1.84 | ||
| Q3 24 | $0.21 | $0.70 | ||
| Q2 24 | $0.18 | $0.39 |
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 | $18.3M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $1.8B |
| 总资产 | $5.9B | $4.4B |
| 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AMCBZ
| Q1 26 | — | $18.3M | ||
| Q4 25 | $180.4M | $18.3M | ||
| Q3 25 | — | $17.0M | ||
| Q2 25 | — | $39.8M | ||
| Q1 25 | — | $8.8M | ||
| Q4 24 | — | $13.8M | ||
| Q3 24 | — | $1.1M | ||
| Q2 24 | — | $1.1M |
总债务AMCBZ
| Q1 26 | — | — | ||
| 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AMCBZ
| Q1 26 | — | $1.8B | ||
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $927.9M | ||
| Q2 24 | $2.1B | $891.4M |
总资产AMCBZ
| Q1 26 | — | $4.4B | ||
| Q4 25 | $5.9B | $4.4B | ||
| Q3 25 | $5.7B | $4.5B | ||
| Q2 25 | $5.7B | $4.5B | ||
| Q1 25 | $5.8B | $4.6B | ||
| Q4 24 | $5.8B | $4.5B | ||
| Q3 24 | $5.8B | $2.1B | ||
| Q2 24 | $5.8B | $2.2B |
负债/权益比AMCBZ
| Q1 26 | — | — | ||
| 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 | $255.5M | $192.5M |
| 自由现金流经营现金流 - 资本支出 | — | $175.5M |
| 自由现金流率自由现金流/营收 | — | 32.3% |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 4.92× | — |
| 过去12个月自由现金流最近4个季度 | — | $444.5M |
8季度趋势，按日历期对齐
经营现金流AMCBZ
| Q1 26 | — | $192.5M | ||
| Q4 25 | $255.5M | $143.6M | ||
| Q3 25 | $212.8M | $24.0M | ||
| Q2 25 | $265.2M | $113.1M | ||
| Q1 25 | $198.9M | $-88.3M | ||
| Q4 24 | $232.7M | $55.5M | ||
| Q3 24 | $184.9M | $43.7M | ||
| Q2 24 | $215.8M | $88.2M |
自由现金流AMCBZ
| Q1 26 | — | $175.5M | ||
| Q4 25 | — | $141.7M | ||
| Q3 25 | — | $22.1M | ||
| Q2 25 | — | $105.2M | ||
| Q1 25 | — | $-93.4M | ||
| Q4 24 | — | $52.3M | ||
| Q3 24 | $184.3M | $41.1M | ||
| Q2 24 | $147.2M | $86.3M |
自由现金流率AMCBZ
| Q1 26 | — | 32.3% | ||
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 3.2% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | -11.2% | ||
| Q4 24 | — | 11.4% | ||
| Q3 24 | 68.3% | 9.4% | ||
| Q2 24 | 54.6% | 20.5% |
资本支出强度AMCBZ
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.0% | 0.7% | ||
| Q3 24 | 0.2% | 0.6% | ||
| Q2 24 | 25.4% | 0.4% |
现金转化率AMCBZ
| Q1 26 | — | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | 0.79× | ||
| Q2 25 | 2.13× | 2.70× | ||
| Q1 25 | 1.65× | -0.72× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | 1.25× | ||
| Q2 24 | 2.51× | 4.45× |
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 Low Pressure | $114.2M | 38% |
| Natural Gas Water Handling And Treatment Affiliate | $63.2M | 21% |
| Water Handling | $55.7M | 19% |
| Fresh Water Delivery | $37.2M | 13% |
| Other Fluid Handling | $26.9M | 9% |
CBZ
暂无分部数据
