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Antero Midstream Corp（AM）与达尔科技（DIOD）财务数据对比。点击上方公司名可切换其他公司
达尔科技的季度营收约是Antero Midstream Corp的1.3倍（$391.6M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 2.6%，领先38.9%），达尔科技同比增速更快（15.4% vs -7.3%），过去两年达尔科技的营收复合增速更高（13.9% 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。
达尔科技是一家全球性半导体制造商，主营分立器件、模拟及混合信号半导体产品的设计、生产与销售，产品广泛应用于汽车、工业、消费电子、计算及通信基础设施等核心领域，服务全球各地客户。
AM vs DIOD — 直观对比
营收规模更大
DIOD
是对方的1.3倍
$291.1M
营收增速更快
DIOD
高出22.8%
-7.3%
净利率更高
AM
高出38.9%
2.6%
两年增速更快
DIOD
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $391.6M |
| 净利润 | $120.7M | $10.2M |
| 毛利率 | — | 31.1% |
| 营业利润率 | 60.9% | 3.4% |
| 净利率 | 41.5% | 2.6% |
| 营收同比 | -7.3% | 15.4% |
| 净利润同比 | 2.1% | 23.8% |
| 每股收益（稀释后） | $0.25 | $0.23 |
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AMDIOD
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $391.6M | ||
| Q3 25 | $294.8M | $392.2M | ||
| Q2 25 | $305.5M | $366.2M | ||
| Q1 25 | $291.1M | $332.1M | ||
| Q4 24 | $287.5M | $339.3M | ||
| Q3 24 | $269.9M | $350.1M | ||
| Q2 24 | $269.8M | $319.8M |
净利润AMDIOD
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $10.2M | ||
| Q3 25 | $116.0M | $14.3M | ||
| Q2 25 | $124.5M | $46.1M | ||
| Q1 25 | $120.7M | $-4.4M | ||
| Q4 24 | $111.2M | $8.2M | ||
| Q3 24 | $99.7M | $13.7M | ||
| Q2 24 | $86.0M | $8.0M |
毛利率AMDIOD
| Q1 26 | — | — | ||
| Q4 25 | — | 31.1% | ||
| Q3 25 | — | 30.7% | ||
| Q2 25 | — | 31.5% | ||
| Q1 25 | — | 31.5% | ||
| Q4 24 | — | 32.7% | ||
| Q3 24 | — | 33.7% | ||
| Q2 24 | — | 33.6% |
营业利润率AMDIOD
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 3.4% | ||
| Q3 25 | 61.2% | 3.0% | ||
| Q2 25 | 61.0% | 2.6% | ||
| Q1 25 | 60.9% | 0.4% | ||
| Q4 24 | 61.8% | 3.5% | ||
| Q3 24 | 60.2% | 6.2% | ||
| Q2 24 | 56.6% | 1.2% |
净利率AMDIOD
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 2.6% | ||
| Q3 25 | 39.3% | 3.6% | ||
| Q2 25 | 40.8% | 12.6% | ||
| Q1 25 | 41.5% | -1.3% | ||
| Q4 24 | 38.7% | 2.4% | ||
| Q3 24 | 37.0% | 3.9% | ||
| Q2 24 | 31.9% | 2.5% |
每股收益（稀释后）AMDIOD
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.23 | ||
| Q3 25 | $0.24 | $0.31 | ||
| Q2 25 | $0.26 | $0.99 | ||
| Q1 25 | $0.25 | $-0.10 | ||
| Q4 24 | $0.23 | $0.18 | ||
| Q3 24 | $0.21 | $0.30 | ||
| Q2 24 | $0.18 | $0.17 |
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 | $377.0M |
| 总债务越低越好 | $3.2B | $25.7M |
| 股东权益账面价值 | $2.0B | $1.9B |
| 总资产 | $5.9B | $2.4B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资AMDIOD
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $377.0M | ||
| Q3 25 | — | $386.4M | ||
| Q2 25 | — | $327.3M | ||
| Q1 25 | — | $343.9M | ||
| Q4 24 | — | $316.1M | ||
| Q3 24 | — | $319.3M | ||
| Q2 24 | — | $273.9M |
总债务AMDIOD
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $25.7M | ||
| Q3 25 | $3.0B | $24.9M | ||
| Q2 25 | $3.0B | $26.4M | ||
| Q1 25 | $3.1B | $20.5M | ||
| Q4 24 | $3.1B | $20.7M | ||
| Q3 24 | $3.2B | $22.2M | ||
| Q2 24 | $3.2B | $20.3M |
股东权益AMDIOD
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.9B | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $1.8B | ||
| Q2 24 | $2.1B | $1.8B |
总资产AMDIOD
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $2.4B | ||
| Q3 25 | $5.7B | $2.5B | ||
| Q2 25 | $5.7B | $2.5B | ||
| Q1 25 | $5.8B | $2.4B | ||
| Q4 24 | $5.8B | $2.4B | ||
| Q3 24 | $5.8B | $2.4B | ||
| Q2 24 | $5.8B | $2.4B |
负债/权益比AMDIOD
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 0.01× | ||
| Q3 25 | 1.46× | 0.01× | ||
| Q2 25 | 1.45× | 0.01× | ||
| Q1 25 | 1.49× | 0.01× | ||
| Q4 24 | 1.47× | 0.01× | ||
| Q3 24 | 1.49× | 0.01× | ||
| Q2 24 | 1.50× | 0.01× |
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 | $38.1M |
| 自由现金流经营现金流 - 资本支出 | — | $12.4M |
| 自由现金流率自由现金流/营收 | — | 3.2% |
| 资本支出强度资本支出/营收 | 11.1% | 6.6% |
| 现金转化率经营现金流/净利润 | 1.65× | 3.74× |
| 过去12个月自由现金流最近4个季度 | — | $137.2M |
8季度趋势，按日历期对齐
经营现金流AMDIOD
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $38.1M | ||
| Q3 25 | $212.8M | $79.1M | ||
| Q2 25 | $265.2M | $41.5M | ||
| Q1 25 | $198.9M | $56.7M | ||
| Q4 24 | $232.7M | $81.8M | ||
| Q3 24 | $184.9M | $54.4M | ||
| Q2 24 | $215.8M | $14.4M |
自由现金流AMDIOD
| Q1 26 | — | — | ||
| Q4 25 | — | $12.4M | ||
| Q3 25 | — | $62.8M | ||
| Q2 25 | — | $21.1M | ||
| Q1 25 | — | $40.8M | ||
| Q4 24 | — | $62.1M | ||
| Q3 24 | $184.3M | $39.4M | ||
| Q2 24 | $147.2M | $-3.5M |
自由现金流率AMDIOD
| Q1 26 | — | — | ||
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 18.3% | ||
| Q3 24 | 68.3% | 11.2% | ||
| Q2 24 | 54.6% | -1.1% |
资本支出强度AMDIOD
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 6.6% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 4.8% | ||
| Q4 24 | 0.0% | 5.8% | ||
| Q3 24 | 0.2% | 4.3% | ||
| Q2 24 | 25.4% | 5.6% |
现金转化率AMDIOD
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 3.74× | ||
| Q3 25 | 1.84× | 5.54× | ||
| Q2 25 | 2.13× | 0.90× | ||
| Q1 25 | 1.65× | — | ||
| Q4 24 | 2.09× | 9.93× | ||
| Q3 24 | 1.85× | 3.95× | ||
| Q2 24 | 2.51× | 1.80× |
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% |
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |
