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Antero Midstream Corp（AM）与Essex Property Trust（ESS）财务数据对比。点击上方公司名可切换其他公司
Essex Property Trust的季度营收约是Antero Midstream Corp的1.6倍（$479.6M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 17.9%，领先23.6%），Essex Property Trust同比增速更快（5.5% vs -7.3%），过去两年Essex Property Trust的营收复合增速更高（6.0% 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。
Essex Property Trust是一家公开上市的房地产投资信托企业，重点布局美国西海岸优质不动产市场，核心投资标的为加利福尼亚州及西雅图大都会区的公寓类物业，在长租公寓的投资、运营及管理领域拥有深厚的行业积累与资源优势。
AM vs ESS — 直观对比
营收规模更大
ESS
是对方的1.6倍
$291.1M
营收增速更快
ESS
高出12.9%
-7.3%
净利率更高
AM
高出23.6%
17.9%
两年增速更快
ESS
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $479.6M |
| 净利润 | $120.7M | $85.7M |
| 毛利率 | — | 70.0% |
| 营业利润率 | 60.9% | 31.7% |
| 净利率 | 41.5% | 17.9% |
| 营收同比 | -7.3% | 5.5% |
| 净利润同比 | 2.1% | -71.6% |
| 每股收益（稀释后） | $0.25 | $1.24 |
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AMESS
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $479.6M | ||
| Q3 25 | $294.8M | $473.3M | ||
| Q2 25 | $305.5M | $469.8M | ||
| Q1 25 | $291.1M | $464.6M | ||
| Q4 24 | $287.5M | $454.5M | ||
| Q3 24 | $269.9M | $450.7M | ||
| Q2 24 | $269.8M | $442.4M |
净利润AMESS
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $85.7M | ||
| Q3 25 | $116.0M | $172.7M | ||
| Q2 25 | $124.5M | $231.5M | ||
| Q1 25 | $120.7M | $212.8M | ||
| Q4 24 | $111.2M | $301.7M | ||
| Q3 24 | $99.7M | $125.5M | ||
| Q2 24 | $86.0M | $99.0M |
毛利率AMESS
| Q1 26 | — | — | ||
| Q4 25 | — | 70.0% | ||
| Q3 25 | — | 69.2% | ||
| Q2 25 | — | 70.7% | ||
| Q1 25 | — | 69.6% | ||
| Q4 24 | — | 70.0% | ||
| Q3 24 | — | 69.5% | ||
| Q2 24 | — | 70.8% |
营业利润率AMESS
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 31.7% | ||
| Q3 25 | 61.2% | 44.5% | ||
| Q2 25 | 61.0% | 59.5% | ||
| Q1 25 | 60.9% | 55.3% | ||
| Q4 24 | 61.8% | 67.0% | ||
| Q3 24 | 60.2% | 28.6% | ||
| Q2 24 | 56.6% | 31.1% |
净利率AMESS
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 17.9% | ||
| Q3 25 | 39.3% | 36.5% | ||
| Q2 25 | 40.8% | 49.3% | ||
| Q1 25 | 41.5% | 45.8% | ||
| Q4 24 | 38.7% | 66.4% | ||
| Q3 24 | 37.0% | 27.8% | ||
| Q2 24 | 31.9% | 22.4% |
每股收益（稀释后）AMESS
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $1.24 | ||
| Q3 25 | $0.24 | $2.56 | ||
| Q2 25 | $0.26 | $3.44 | ||
| Q1 25 | $0.25 | $3.16 | ||
| Q4 24 | $0.23 | $4.00 | ||
| Q3 24 | $0.21 | $1.84 | ||
| Q2 24 | $0.18 | $1.45 |
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 | $76.2M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $5.5B |
| 总资产 | $5.9B | $13.2B |
| 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AMESS
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $76.2M | ||
| Q3 25 | — | $66.0M | ||
| Q2 25 | — | $58.7M | ||
| Q1 25 | — | $98.7M | ||
| Q4 24 | — | $66.8M | ||
| Q3 24 | — | $71.3M | ||
| Q2 24 | — | $55.2M |
总债务AMESS
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $6.4B | ||
| Q2 25 | $3.0B | $6.4B | ||
| Q1 25 | $3.1B | $6.8B | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | $3.2B | $6.4B | ||
| Q2 24 | $3.2B | $6.2B |
股东权益AMESS
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $5.5B | ||
| Q3 25 | $2.1B | $5.6B | ||
| Q2 25 | $2.1B | $5.6B | ||
| Q1 25 | $2.1B | $5.6B | ||
| Q4 24 | $2.1B | $5.5B | ||
| Q3 24 | $2.1B | $5.4B | ||
| Q2 24 | $2.1B | $5.5B |
总资产AMESS
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $13.2B | ||
| Q3 25 | $5.7B | $13.2B | ||
| Q2 25 | $5.7B | $13.2B | ||
| Q1 25 | $5.8B | $13.2B | ||
| Q4 24 | $5.8B | $12.9B | ||
| Q3 24 | $5.8B | $12.6B | ||
| Q2 24 | $5.8B | $12.5B |
负债/权益比AMESS
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | 1.15× | ||
| Q2 25 | 1.45× | 1.14× | ||
| Q1 25 | 1.49× | 1.22× | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 1.49× | 1.18× | ||
| Q2 24 | 1.50× | 1.13× |
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 | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $186.9M | — |
| 自由现金流率自由现金流/营收 | 64.2% | — |
| 资本支出强度资本支出/营收 | 11.1% | — |
| 现金转化率经营现金流/净利润 | 1.65× | 12.53× |
| 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AMESS
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $1.1B | ||
| Q3 25 | $212.8M | $342.6M | ||
| Q2 25 | $265.2M | $216.1M | ||
| Q1 25 | $198.9M | $281.5M | ||
| Q4 24 | $232.7M | $1.1B | ||
| Q3 24 | $184.9M | $316.2M | ||
| Q2 24 | $215.8M | $218.9M |
自由现金流AMESS
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $184.3M | — | ||
| Q2 24 | $147.2M | — |
自由现金流率AMESS
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 68.3% | — | ||
| Q2 24 | 54.6% | — |
资本支出强度AMESS
| Q1 26 | 11.1% | — | ||
| 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AMESS
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 12.53× | ||
| Q3 25 | 1.84× | 1.98× | ||
| Q2 25 | 2.13× | 0.93× | ||
| Q1 25 | 1.65× | 1.32× | ||
| Q4 24 | 2.09× | 3.54× | ||
| Q3 24 | 1.85× | 2.52× | ||
| Q2 24 | 2.51× | 2.21× |
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% |
ESS
暂无分部数据
