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Antero Midstream Corp（AM）与FIRST ADVANTAGE CORP（FA）财务数据对比。点击上方公司名可切换其他公司
FIRST ADVANTAGE CORP的季度营收约是Antero Midstream Corp的1.4倍（$420.0M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 0.8%，领先40.6%），FIRST ADVANTAGE CORP同比增速更快（36.8% vs -7.3%），过去两年FIRST ADVANTAGE CORP的营收复合增速更高（57.5% 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。
First Advantage是全球领先的劳动力筛查与背景验证服务提供商，服务覆盖科技、医疗、金融、零售、制造等多个行业的各规模客户，助力企业管控雇佣风险、满足合规要求，打造安全可信的工作环境。
AM vs FA — 直观对比
营收规模更大
FA
是对方的1.4倍
$291.1M
营收增速更快
FA
高出44.1%
-7.3%
净利率更高
AM
高出40.6%
0.8%
两年增速更快
FA
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $420.0M |
| 净利润 | $120.7M | $3.5M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | 10.7% |
| 净利率 | 41.5% | 0.8% |
| 营收同比 | -7.3% | 36.8% |
| 净利润同比 | 2.1% | 103.5% |
| 每股收益（稀释后） | $0.25 | $0.03 |
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AMFA
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $420.0M | ||
| Q3 25 | $294.8M | $409.2M | ||
| Q2 25 | $305.5M | $390.6M | ||
| Q1 25 | $291.1M | $354.6M | ||
| Q4 24 | $287.5M | $307.1M | ||
| Q3 24 | $269.9M | $199.1M | ||
| Q2 24 | $269.8M | $184.5M |
净利润AMFA
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $3.5M | ||
| Q3 25 | $116.0M | $2.6M | ||
| Q2 25 | $124.5M | $308.0K | ||
| Q1 25 | $120.7M | $-41.2M | ||
| Q4 24 | $111.2M | $-100.4M | ||
| Q3 24 | $99.7M | $-8.9M | ||
| Q2 24 | $86.0M | $1.9M |
营业利润率AMFA
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 10.7% | ||
| Q3 25 | 61.2% | 10.3% | ||
| Q2 25 | 61.0% | 9.7% | ||
| Q1 25 | 60.9% | 2.1% | ||
| Q4 24 | 61.8% | -26.3% | ||
| Q3 24 | 60.2% | 4.6% | ||
| Q2 24 | 56.6% | 5.4% |
净利率AMFA
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 0.8% | ||
| Q3 25 | 39.3% | 0.6% | ||
| Q2 25 | 40.8% | 0.1% | ||
| Q1 25 | 41.5% | -11.6% | ||
| Q4 24 | 38.7% | -32.7% | ||
| Q3 24 | 37.0% | -4.4% | ||
| Q2 24 | 31.9% | 1.0% |
每股收益（稀释后）AMFA
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.03 | ||
| Q3 25 | $0.24 | $0.01 | ||
| Q2 25 | $0.26 | $0.00 | ||
| Q1 25 | $0.25 | $-0.24 | ||
| Q4 24 | $0.23 | $-0.67 | ||
| Q3 24 | $0.21 | $-0.06 | ||
| Q2 24 | $0.18 | $0.01 |
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 | $240.0M |
| 总债务越低越好 | $3.2B | $2.1B |
| 股东权益账面价值 | $2.0B | $1.3B |
| 总资产 | $5.9B | $3.8B |
| 负债/权益比越低杠杆越低 | 1.63× | 1.61× |
8季度趋势，按日历期对齐
现金及短期投资AMFA
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $240.0M | ||
| Q3 25 | — | $216.8M | ||
| Q2 25 | — | $184.3M | ||
| Q1 25 | — | $172.0M | ||
| Q4 24 | — | $168.7M | ||
| Q3 24 | — | $307.4M | ||
| Q2 24 | — | $269.6M |
总债务AMFA
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $2.1B | ||
| Q3 25 | $3.0B | $2.1B | ||
| Q2 25 | $3.0B | $2.1B | ||
| Q1 25 | $3.1B | $2.2B | ||
| Q4 24 | $3.1B | $2.2B | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.2B | — |
股东权益AMFA
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.3B | ||
| Q3 25 | $2.1B | $1.3B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.1B | $1.3B | ||
| Q3 24 | $2.1B | $920.7M | ||
| Q2 24 | $2.1B | $913.3M |
总资产AMFA
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $3.8B | ||
| Q3 25 | $5.7B | $3.9B | ||
| Q2 25 | $5.7B | $3.9B | ||
| Q1 25 | $5.8B | $3.9B | ||
| Q4 24 | $5.8B | $3.9B | ||
| Q3 24 | $5.8B | $1.7B | ||
| Q2 24 | $5.8B | $1.6B |
负债/权益比AMFA
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 1.61× | ||
| Q3 25 | 1.46× | 1.64× | ||
| Q2 25 | 1.45× | 1.65× | ||
| Q1 25 | 1.49× | 1.69× | ||
| Q4 24 | 1.47× | 1.66× | ||
| 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 | $65.9M |
| 自由现金流经营现金流 - 资本支出 | — | $62.2M |
| 自由现金流率自由现金流/营收 | — | 14.8% |
| 资本支出强度资本支出/营收 | 11.1% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.65× | 19.01× |
| 过去12个月自由现金流最近4个季度 | — | $188.5M |
8季度趋势，按日历期对齐
经营现金流AMFA
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $65.9M | ||
| Q3 25 | $212.8M | $72.4M | ||
| Q2 25 | $265.2M | $37.3M | ||
| Q1 25 | $198.9M | $19.5M | ||
| Q4 24 | $232.7M | $-85.7M | ||
| Q3 24 | $184.9M | $43.5M | ||
| Q2 24 | $215.8M | $32.0M |
自由现金流AMFA
| Q1 26 | — | — | ||
| Q4 25 | — | $62.2M | ||
| Q3 25 | — | $71.2M | ||
| Q2 25 | — | $36.1M | ||
| Q1 25 | — | $19.0M | ||
| Q4 24 | — | $-86.0M | ||
| Q3 24 | $184.3M | $43.1M | ||
| Q2 24 | $147.2M | $31.4M |
自由现金流率AMFA
| Q1 26 | — | — | ||
| Q4 25 | — | 14.8% | ||
| Q3 25 | — | 17.4% | ||
| Q2 25 | — | 9.2% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | -28.0% | ||
| Q3 24 | 68.3% | 21.6% | ||
| Q2 24 | 54.6% | 17.0% |
资本支出强度AMFA
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 0.0% | 0.1% | ||
| Q3 24 | 0.2% | 0.2% | ||
| Q2 24 | 25.4% | 0.4% |
现金转化率AMFA
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 19.01× | ||
| Q3 25 | 1.84× | 27.91× | ||
| Q2 25 | 2.13× | 121.25× | ||
| Q1 25 | 1.65× | — | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 2.51× | 17.22× |
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% |
FA
| First Advantage Americas | $209.9M | 50% |
| Sterling | $185.9M | 44% |
| First Advantage International | $24.2M | 6% |
