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Antero Midstream Corp（AM）与LANDS' END, INC.（LE）财务数据对比。点击上方公司名可切换其他公司
LANDS' END, INC.的季度营收约是Antero Midstream Corp的1.1倍（$317.5M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 1.6%，领先39.8%），LANDS' END, INC.同比增速更快（0.1% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $-22.4M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% vs -0.9%）
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。
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
AM vs LE — 直观对比
营收规模更大
LE
是对方的1.1倍
$291.1M
营收增速更快
LE
高出7.4%
-7.3%
净利率更高
AM
高出39.8%
1.6%
自由现金流更多
AM
多$209.3M
$-22.4M
两年增速更快
AM
近两年复合增速
-0.9%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $317.5M |
| 净利润 | $120.7M | $5.2M |
| 毛利率 | — | 51.8% |
| 营业利润率 | 60.9% | 5.3% |
| 净利率 | 41.5% | 1.6% |
| 营收同比 | -7.3% | 0.1% |
| 净利润同比 | 2.1% | 198.3% |
| 每股收益（稀释后） | $0.25 | $0.17 |
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AMLE
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $317.5M | ||
| Q3 25 | $294.8M | — | ||
| Q2 25 | $305.5M | $261.2M | ||
| Q1 25 | $291.1M | — | ||
| Q4 24 | $287.5M | $318.6M | ||
| Q3 24 | $269.9M | $317.2M | ||
| Q2 24 | $269.8M | $285.5M |
净利润AMLE
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $5.2M | ||
| Q3 25 | $116.0M | — | ||
| Q2 25 | $124.5M | $-8.3M | ||
| Q1 25 | $120.7M | — | ||
| Q4 24 | $111.2M | $-593.0K | ||
| Q3 24 | $99.7M | $-5.3M | ||
| Q2 24 | $86.0M | $-6.4M |
毛利率AMLE
| Q1 26 | — | — | ||
| Q4 25 | — | 51.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 50.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 50.6% | ||
| Q3 24 | — | 47.9% | ||
| Q2 24 | — | 48.7% |
营业利润率AMLE
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 5.3% | ||
| Q3 25 | 61.2% | — | ||
| Q2 25 | 61.0% | -0.9% | ||
| Q1 25 | 60.9% | — | ||
| Q4 24 | 61.8% | 2.9% | ||
| Q3 24 | 60.2% | 0.8% | ||
| Q2 24 | 56.6% | 0.8% |
净利率AMLE
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 1.6% | ||
| Q3 25 | 39.3% | — | ||
| Q2 25 | 40.8% | -3.2% | ||
| Q1 25 | 41.5% | — | ||
| Q4 24 | 38.7% | -0.2% | ||
| Q3 24 | 37.0% | -1.7% | ||
| Q2 24 | 31.9% | -2.3% |
每股收益（稀释后）AMLE
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.17 | ||
| Q3 25 | $0.24 | — | ||
| Q2 25 | $0.26 | $-0.27 | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.23 | $-0.02 | ||
| Q3 24 | $0.21 | $-0.17 | ||
| Q2 24 | $0.18 | $-0.20 |
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 | $36.3M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $231.0M |
| 总资产 | $5.9B | $852.7M |
| 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AMLE
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $36.3M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $18.1M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $30.4M | ||
| Q3 24 | — | $25.6M | ||
| Q2 24 | — | $27.4M |
总债务AMLE
| 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AMLE
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $231.0M | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | $230.1M | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $223.6M | ||
| Q3 24 | $2.1B | $226.5M | ||
| Q2 24 | $2.1B | $234.6M |
总资产AMLE
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $852.7M | ||
| Q3 25 | $5.7B | — | ||
| Q2 25 | $5.7B | $760.5M | ||
| Q1 25 | $5.8B | — | ||
| Q4 24 | $5.8B | $843.6M | ||
| Q3 24 | $5.8B | $802.5M | ||
| Q2 24 | $5.8B | $800.1M |
负债/权益比AMLE
| 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 | $-15.7M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $-22.4M |
| 自由现金流率自由现金流/营收 | 64.2% | -7.1% |
| 资本支出强度资本支出/营收 | 11.1% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.65× | -3.03× |
| 过去12个月自由现金流最近4个季度 | — | $-55.0M |
8季度趋势，按日历期对齐
经营现金流AMLE
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $-15.7M | ||
| Q3 25 | $212.8M | — | ||
| Q2 25 | $265.2M | $-22.5M | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $232.7M | $-17.1M | ||
| Q3 24 | $184.9M | $30.7M | ||
| Q2 24 | $215.8M | $-25.8M |
自由现金流AMLE
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $-22.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-30.7M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-27.8M | ||
| Q3 24 | $184.3M | $26.0M | ||
| Q2 24 | $147.2M | $-32.6M |
自由现金流率AMLE
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | -7.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -11.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | 68.3% | 8.2% | ||
| Q2 24 | 54.6% | -11.4% |
资本支出强度AMLE
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | 3.3% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 25.4% | 2.4% |
现金转化率AMLE
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | -3.03× | ||
| 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% |
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
