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Antero Midstream Corp（AM）与HAVERTY FURNITURE COMPANIES INC（HVT）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HAVERTY FURNITURE COMPANIES INC的1.4倍（$291.1M vs $201.9M），Antero Midstream Corp净利率更高（41.5% vs 4.2%，领先37.2%），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $3.0M），过去两年HAVERTY FURNITURE COMPANIES INC的营收复合增速更高（4.8% 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。
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
AM vs HVT — 直观对比
营收规模更大
AM
是对方的1.4倍
$201.9M
营收增速更快
HVT
高出16.9%
-7.3%
净利率更高
AM
高出37.2%
4.2%
自由现金流更多
AM
多$183.9M
$3.0M
两年增速更快
HVT
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $201.9M |
| 净利润 | $120.7M | $8.5M |
| 毛利率 | — | 60.4% |
| 营业利润率 | 60.9% | 5.3% |
| 净利率 | 41.5% | 4.2% |
| 营收同比 | -7.3% | 9.5% |
| 净利润同比 | 2.1% | 4.1% |
| 每股收益（稀释后） | $0.25 | — |
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AMHVT
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $201.9M | ||
| Q3 25 | $294.8M | $194.5M | ||
| Q2 25 | $305.5M | $181.0M | ||
| Q1 25 | $291.1M | $181.6M | ||
| Q4 24 | $287.5M | $184.4M | ||
| Q3 24 | $269.9M | $175.9M | ||
| Q2 24 | $269.8M | $178.6M |
净利润AMHVT
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $8.5M | ||
| Q3 25 | $116.0M | $4.7M | ||
| Q2 25 | $124.5M | $2.7M | ||
| Q1 25 | $120.7M | $3.8M | ||
| Q4 24 | $111.2M | $8.2M | ||
| Q3 24 | $99.7M | $4.9M | ||
| Q2 24 | $86.0M | $4.4M |
毛利率AMHVT
| Q1 26 | — | — | ||
| Q4 25 | — | 60.4% | ||
| Q3 25 | — | 60.3% | ||
| Q2 25 | — | 60.8% | ||
| Q1 25 | — | 61.2% | ||
| Q4 24 | — | 61.9% | ||
| Q3 24 | — | 60.2% | ||
| Q2 24 | — | 60.4% |
营业利润率AMHVT
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 5.3% | ||
| Q3 25 | 61.2% | 3.3% | ||
| Q2 25 | 61.0% | 2.4% | ||
| Q1 25 | 60.9% | 2.9% | ||
| Q4 24 | 61.8% | 5.2% | ||
| Q3 24 | 60.2% | 3.9% | ||
| Q2 24 | 56.6% | 3.6% |
净利率AMHVT
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 4.2% | ||
| Q3 25 | 39.3% | 2.4% | ||
| Q2 25 | 40.8% | 1.5% | ||
| Q1 25 | 41.5% | 2.1% | ||
| Q4 24 | 38.7% | 4.4% | ||
| Q3 24 | 37.0% | 2.8% | ||
| Q2 24 | 31.9% | 2.5% |
每股收益（稀释后）AMHVT
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.24 | — | ||
| Q2 25 | $0.26 | — | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.23 | — | ||
| Q3 24 | $0.21 | — | ||
| Q2 24 | $0.18 | — |
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 | $125.3M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $307.9M |
| 总资产 | $5.9B | $649.1M |
| 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AMHVT
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $125.3M | ||
| Q3 25 | — | $130.5M | ||
| Q2 25 | — | $107.4M | ||
| Q1 25 | — | $111.9M | ||
| Q4 24 | — | $120.0M | ||
| Q3 24 | — | $121.2M | ||
| Q2 24 | — | $109.9M |
总债务AMHVT
| Q1 26 | $3.2B | — | ||
| 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AMHVT
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $307.9M | ||
| Q3 25 | $2.1B | $306.0M | ||
| Q2 25 | $2.1B | $304.9M | ||
| Q1 25 | $2.1B | $305.4M | ||
| Q4 24 | $2.1B | $307.6M | ||
| Q3 24 | $2.1B | $307.8M | ||
| Q2 24 | $2.1B | $307.1M |
总资产AMHVT
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $649.1M | ||
| Q3 25 | $5.7B | $651.7M | ||
| Q2 25 | $5.7B | $642.7M | ||
| Q1 25 | $5.8B | $642.7M | ||
| Q4 24 | $5.8B | $648.7M | ||
| Q3 24 | $5.8B | $659.3M | ||
| Q2 24 | $5.8B | $642.1M |
负债/权益比AMHVT
| Q1 26 | 1.63× | — | ||
| 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 | $198.9M | $7.4M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $3.0M |
| 自由现金流率自由现金流/营收 | 64.2% | 1.5% |
| 资本支出强度资本支出/营收 | 11.1% | 2.2% |
| 现金转化率经营现金流/净利润 | 1.65× | 0.86× |
| 过去12个月自由现金流最近4个季度 | — | $33.0M |
8季度趋势，按日历期对齐
经营现金流AMHVT
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $7.4M | ||
| Q3 25 | $212.8M | $31.9M | ||
| Q2 25 | $265.2M | $7.2M | ||
| Q1 25 | $198.9M | $6.2M | ||
| Q4 24 | $232.7M | $16.9M | ||
| Q3 24 | $184.9M | $24.4M | ||
| Q2 24 | $215.8M | $14.4M |
自由现金流AMHVT
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $3.0M | ||
| Q3 25 | — | $28.3M | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $27.0K | ||
| Q4 24 | — | $9.1M | ||
| Q3 24 | $184.3M | $16.1M | ||
| Q2 24 | $147.2M | $4.9M |
自由现金流率AMHVT
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 14.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | 68.3% | 9.2% | ||
| Q2 24 | 54.6% | 2.7% |
资本支出强度AMHVT
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 3.1% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | 0.0% | 4.2% | ||
| Q3 24 | 0.2% | 4.7% | ||
| Q2 24 | 25.4% | 5.3% |
现金转化率AMHVT
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 0.86× | ||
| Q3 25 | 1.84× | 6.75× | ||
| Q2 25 | 2.13× | 2.69× | ||
| Q1 25 | 1.65× | 1.63× | ||
| Q4 24 | 2.09× | 2.06× | ||
| Q3 24 | 1.85× | 4.96× | ||
| Q2 24 | 2.51× | 3.25× |
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% |
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
