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Antero Midstream Corp（AM）与Lucid Group, Inc.（LCID）财务数据对比。点击上方公司名可切换其他公司
Lucid Group, Inc.的季度营收约是Antero Midstream Corp的1.8倍（$522.7M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs -155.7%，领先197.2%），Lucid Group, Inc.同比增速更快（122.9% vs -7.3%），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% 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。
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
AM vs LCID — 直观对比
营收规模更大
LCID
是对方的1.8倍
$291.1M
营收增速更快
LCID
高出130.3%
-7.3%
净利率更高
AM
高出197.2%
-155.7%
两年增速更快
LCID
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $522.7M |
| 净利润 | $120.7M | $-814.0M |
| 毛利率 | — | -80.7% |
| 营业利润率 | 60.9% | -203.7% |
| 净利率 | 41.5% | -155.7% |
| 营收同比 | -7.3% | 122.9% |
| 净利润同比 | 2.1% | -104.9% |
| 每股收益（稀释后） | $0.25 | $-8.26 |
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AMLCID
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $522.7M | ||
| Q3 25 | $294.8M | $336.6M | ||
| Q2 25 | $305.5M | $259.4M | ||
| Q1 25 | $291.1M | $235.0M | ||
| Q4 24 | $287.5M | $234.5M | ||
| Q3 24 | $269.9M | $200.0M | ||
| Q2 24 | $269.8M | $200.6M |
净利润AMLCID
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $-814.0M | ||
| Q3 25 | $116.0M | $-978.4M | ||
| Q2 25 | $124.5M | $-539.4M | ||
| Q1 25 | $120.7M | $-366.2M | ||
| Q4 24 | $111.2M | $-397.2M | ||
| Q3 24 | $99.7M | $-992.5M | ||
| Q2 24 | $86.0M | $-643.4M |
毛利率AMLCID
| Q1 26 | — | — | ||
| Q4 25 | — | -80.7% | ||
| Q3 25 | — | -99.1% | ||
| Q2 25 | — | -105.0% | ||
| Q1 25 | — | -97.2% | ||
| Q4 24 | — | -89.0% | ||
| Q3 24 | — | -106.2% | ||
| Q2 24 | — | -134.5% |
营业利润率AMLCID
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | -203.7% | ||
| Q3 25 | 61.2% | -279.9% | ||
| Q2 25 | 61.0% | -309.5% | ||
| Q1 25 | 60.9% | -294.4% | ||
| Q4 24 | 61.8% | -312.6% | ||
| Q3 24 | 60.2% | -385.2% | ||
| Q2 24 | 56.6% | -392.6% |
净利率AMLCID
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | -155.7% | ||
| Q3 25 | 39.3% | -290.7% | ||
| Q2 25 | 40.8% | -207.9% | ||
| Q1 25 | 41.5% | -155.8% | ||
| Q4 24 | 38.7% | -169.4% | ||
| Q3 24 | 37.0% | -496.1% | ||
| Q2 24 | 31.9% | -320.8% |
每股收益（稀释后）AMLCID
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $-8.26 | ||
| Q3 25 | $0.24 | $-3.31 | ||
| Q2 25 | $0.26 | $-0.28 | ||
| Q1 25 | $0.25 | $-0.24 | ||
| Q4 24 | $0.23 | $-0.20 | ||
| Q3 24 | $0.21 | $-0.41 | ||
| Q2 24 | $0.18 | $-0.34 |
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 | $1.6B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $717.3M |
| 总资产 | $5.9B | $8.4B |
| 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AMLCID
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $1.6B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $3.2B |
总债务AMLCID
| 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AMLCID
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $717.3M | ||
| Q3 25 | $2.1B | $1.8B | ||
| Q2 25 | $2.1B | $2.4B | ||
| Q1 25 | $2.1B | $3.2B | ||
| Q4 24 | $2.1B | $3.9B | ||
| Q3 24 | $2.1B | $2.7B | ||
| Q2 24 | $2.1B | $3.5B |
总资产AMLCID
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $8.4B | ||
| Q3 25 | $5.7B | $8.8B | ||
| Q2 25 | $5.7B | $8.9B | ||
| Q1 25 | $5.8B | $9.2B | ||
| Q4 24 | $5.8B | $9.6B | ||
| Q3 24 | $5.8B | $8.5B | ||
| Q2 24 | $5.8B | $8.2B |
负债/权益比AMLCID
| 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 | $-916.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.2B |
| 自由现金流率自由现金流/营收 | — | -237.6% |
| 资本支出强度资本支出/营收 | 11.1% | 62.3% |
| 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 | — | $-3.8B |
8季度趋势，按日历期对齐
经营现金流AMLCID
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $-916.4M | ||
| Q3 25 | $212.8M | $-756.6M | ||
| Q2 25 | $265.2M | $-830.2M | ||
| Q1 25 | $198.9M | $-428.6M | ||
| Q4 24 | $232.7M | $-533.1M | ||
| Q3 24 | $184.9M | $-462.8M | ||
| Q2 24 | $215.8M | $-507.0M |
自由现金流AMLCID
| Q1 26 | — | — | ||
| Q4 25 | — | $-1.2B | ||
| Q3 25 | — | $-955.5M | ||
| Q2 25 | — | $-1.0B | ||
| Q1 25 | — | $-589.9M | ||
| Q4 24 | — | $-824.8M | ||
| Q3 24 | $184.3M | $-622.5M | ||
| Q2 24 | $147.2M | $-741.3M |
自由现金流率AMLCID
| Q1 26 | — | — | ||
| Q4 25 | — | -237.6% | ||
| Q3 25 | — | -283.9% | ||
| Q2 25 | — | -390.4% | ||
| Q1 25 | — | -251.0% | ||
| Q4 24 | — | -351.8% | ||
| Q3 24 | 68.3% | -311.2% | ||
| Q2 24 | 54.6% | -369.6% |
资本支出强度AMLCID
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 62.3% | ||
| Q3 25 | — | 59.1% | ||
| Q2 25 | — | 70.4% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | 0.0% | 124.4% | ||
| Q3 24 | 0.2% | 79.8% | ||
| Q2 24 | 25.4% | 116.8% |
现金转化率AMLCID
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.65× | — | ||
| 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% |
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
