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Antero Midstream Corp（AM）与FTAI Infrastructure Inc.（FIP）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FTAI Infrastructure Inc.的1.5倍（$291.1M vs $188.4M），Antero Midstream Corp净利率更高（41.5% vs -79.7%，领先121.2%），FTAI Infrastructure Inc.同比增速更快（95.9% vs -7.3%），过去两年FTAI Infrastructure Inc.的营收复合增速更高（49.0% 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。
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
AM vs FIP — 直观对比
营收规模更大
AM
是对方的1.5倍
$188.4M
营收增速更快
FIP
高出103.2%
-7.3%
净利率更高
AM
高出121.2%
-79.7%
两年增速更快
FIP
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $188.4M |
| 净利润 | $120.7M | $-150.2M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | — |
| 净利率 | 41.5% | -79.7% |
| 营收同比 | -7.3% | 95.9% |
| 净利润同比 | 2.1% | -387.6% |
| 每股收益（稀释后） | $0.25 | $-1.32 |
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AMFIP
| Q1 26 | $291.1M | $188.4M | ||
| Q4 25 | $297.0M | $143.5M | ||
| Q3 25 | $294.8M | $140.6M | ||
| Q2 25 | $305.5M | $122.3M | ||
| Q1 25 | $291.1M | $96.2M | ||
| Q4 24 | $287.5M | $80.8M | ||
| Q3 24 | $269.9M | $83.3M | ||
| Q2 24 | $269.8M | $84.9M |
净利润AMFIP
| Q1 26 | $120.7M | $-150.2M | ||
| Q4 25 | $51.9M | $-97.7M | ||
| Q3 25 | $116.0M | $-104.5M | ||
| Q2 25 | $124.5M | $-70.0M | ||
| Q1 25 | $120.7M | $120.2M | ||
| Q4 24 | $111.2M | $-124.7M | ||
| Q3 24 | $99.7M | $-43.0M | ||
| Q2 24 | $86.0M | $-48.1M |
营业利润率AMFIP
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | -45.7% | ||
| Q3 25 | 61.2% | -70.8% | ||
| Q2 25 | 61.0% | -56.4% | ||
| Q1 25 | 60.9% | 81.8% | ||
| Q4 24 | 61.8% | -152.7% | ||
| Q3 24 | 60.2% | -51.7% | ||
| Q2 24 | 56.6% | -56.4% |
净利率AMFIP
| Q1 26 | 41.5% | -79.7% | ||
| Q4 25 | 17.5% | -68.1% | ||
| Q3 25 | 39.3% | -74.4% | ||
| Q2 25 | 40.8% | -57.2% | ||
| Q1 25 | 41.5% | 125.0% | ||
| Q4 24 | 38.7% | -154.4% | ||
| Q3 24 | 37.0% | -51.6% | ||
| Q2 24 | 31.9% | -56.7% |
每股收益（稀释后）AMFIP
| Q1 26 | $0.25 | $-1.32 | ||
| Q4 25 | $0.11 | $-1.04 | ||
| Q3 25 | $0.24 | $-1.38 | ||
| Q2 25 | $0.26 | $-0.73 | ||
| Q1 25 | $0.25 | $0.89 | ||
| Q4 24 | $0.23 | $-1.21 | ||
| Q3 24 | $0.21 | $-0.45 | ||
| Q2 24 | $0.18 | $-0.52 |
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 | $37.9M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $-122.5K |
| 总资产 | $5.9B | $5.7B |
| 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AMFIP
| Q1 26 | $180.4M | $37.9M | ||
| Q4 25 | $180.4M | $57.4M | ||
| Q3 25 | — | $34.7M | ||
| Q2 25 | — | $33.6M | ||
| Q1 25 | — | $26.3M | ||
| Q4 24 | — | $27.8M | ||
| Q3 24 | — | $20.3M | ||
| Q2 24 | — | $33.1M |
总债务AMFIP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $3.8B | ||
| Q3 25 | $3.0B | $3.7B | ||
| Q2 25 | $3.0B | $3.1B | ||
| Q1 25 | $3.1B | $2.8B | ||
| Q4 24 | $3.1B | $1.6B | ||
| Q3 24 | $3.2B | $1.5B | ||
| Q2 24 | $3.2B | $1.6B |
股东权益AMFIP
| Q1 26 | $2.0B | $-122.5K | ||
| Q4 25 | $2.0B | $21.3M | ||
| Q3 25 | $2.1B | $181.1M | ||
| Q2 25 | $2.1B | $375.5M | ||
| Q1 25 | $2.1B | $476.2M | ||
| Q4 24 | $2.1B | $202.7M | ||
| Q3 24 | $2.1B | $370.8M | ||
| Q2 24 | $2.1B | $394.8M |
总资产AMFIP
| Q1 26 | $5.9B | $5.7B | ||
| Q4 25 | $5.9B | $5.7B | ||
| Q3 25 | $5.7B | $5.5B | ||
| Q2 25 | $5.7B | $4.4B | ||
| Q1 25 | $5.8B | $4.1B | ||
| Q4 24 | $5.8B | $2.4B | ||
| Q3 24 | $5.8B | $2.4B | ||
| Q2 24 | $5.8B | $2.5B |
负债/权益比AMFIP
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 176.99× | ||
| Q3 25 | 1.46× | 20.59× | ||
| Q2 25 | 1.45× | 8.21× | ||
| Q1 25 | 1.49× | 5.79× | ||
| Q4 24 | 1.47× | 7.84× | ||
| Q3 24 | 1.49× | 4.14× | ||
| Q2 24 | 1.50× | 3.94× |
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 | $-69.4M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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× | — |
| 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AMFIP
| Q1 26 | $198.9M | $-69.4M | ||
| Q4 25 | $255.5M | $-2.8M | ||
| Q3 25 | $212.8M | $-24.4M | ||
| Q2 25 | $265.2M | $-5.2M | ||
| Q1 25 | $198.9M | $-85.7M | ||
| Q4 24 | $232.7M | $-8.1M | ||
| Q3 24 | $184.9M | $14.2M | ||
| Q2 24 | $215.8M | $-17.6M |
自由现金流AMFIP
| Q1 26 | — | — | ||
| Q4 25 | — | $-68.6M | ||
| Q3 25 | — | $-90.7M | ||
| Q2 25 | — | $-87.5M | ||
| Q1 25 | — | $-151.7M | ||
| Q4 24 | — | $-34.3M | ||
| Q3 24 | $184.3M | $-11.7M | ||
| Q2 24 | $147.2M | $-32.1M |
自由现金流率AMFIP
| Q1 26 | — | — | ||
| Q4 25 | — | -47.8% | ||
| Q3 25 | — | -64.5% | ||
| Q2 25 | — | -71.6% | ||
| Q1 25 | — | -157.7% | ||
| Q4 24 | — | -42.4% | ||
| Q3 24 | 68.3% | -14.0% | ||
| Q2 24 | 54.6% | -37.9% |
资本支出强度AMFIP
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 47.2% | ||
| Q2 25 | — | 67.3% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | 0.0% | 32.5% | ||
| Q3 24 | 0.2% | 31.1% | ||
| Q2 24 | 25.4% | 17.2% |
现金转化率AMFIP
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.65× | -0.71× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 2.51× | — |
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% |
FIP
暂无分部数据
