vs
Antero Midstream Corp（AM）与Natural Grocers by Vitamin Cottage, Inc.（NGVC）财务数据对比。点击上方公司名可切换其他公司
Natural Grocers by Vitamin Cottage, Inc.的季度营收约是Antero Midstream Corp的1.2倍（$335.6M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 3.4%，领先38.1%），Natural Grocers by Vitamin Cottage, Inc.同比增速更快（1.6% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $11.6M），过去两年Natural Grocers by Vitamin Cottage, Inc.的营收复合增速更高（4.4% 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。
Natural Grocers by Vitamin Cottage, Inc.是美国本土的特色零售连锁企业，主营认证有机食品、膳食补充剂、天然个护及环保家居类产品，面向健康意识较强的消费群体，门店覆盖美国多州，执行严格品控标准，拒绝售卖含人工添加剂的商品。
AM vs NGVC — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $335.6M |
| 净利润 | $120.7M | $11.3M |
| 毛利率 | — | 29.5% |
| 营业利润率 | 60.9% | 4.4% |
| 净利率 | 41.5% | 3.4% |
| 营收同比 | -7.3% | 1.6% |
| 净利润同比 | 2.1% | 14.0% |
| 每股收益（稀释后） | $0.25 | $0.49 |
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
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $335.6M | ||
| Q3 25 | $294.8M | $336.1M | ||
| Q2 25 | $305.5M | $328.7M | ||
| Q1 25 | $291.1M | $335.8M | ||
| Q4 24 | $287.5M | $330.2M | ||
| Q3 24 | $269.9M | $322.7M | ||
| Q2 24 | $269.8M | $309.1M |
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $11.3M | ||
| Q3 25 | $116.0M | $11.8M | ||
| Q2 25 | $124.5M | $11.6M | ||
| Q1 25 | $120.7M | $13.1M | ||
| Q4 24 | $111.2M | $9.9M | ||
| Q3 24 | $99.7M | $9.0M | ||
| Q2 24 | $86.0M | $9.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 29.5% | ||
| Q2 25 | — | 29.9% | ||
| Q1 25 | — | 30.3% | ||
| Q4 24 | — | 29.9% | ||
| Q3 24 | — | 29.6% | ||
| Q2 24 | — | 29.2% |
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 4.4% | ||
| Q3 25 | 61.2% | 4.6% | ||
| Q2 25 | 61.0% | 4.7% | ||
| Q1 25 | 60.9% | 5.2% | ||
| Q4 24 | 61.8% | 4.0% | ||
| Q3 24 | 60.2% | 3.7% | ||
| Q2 24 | 56.6% | 4.2% |
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 3.4% | ||
| Q3 25 | 39.3% | 3.5% | ||
| Q2 25 | 40.8% | 3.5% | ||
| Q1 25 | 41.5% | 3.9% | ||
| Q4 24 | 38.7% | 3.0% | ||
| Q3 24 | 37.0% | 2.8% | ||
| Q2 24 | 31.9% | 3.0% |
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.49 | ||
| Q3 25 | $0.24 | $0.51 | ||
| Q2 25 | $0.26 | $0.50 | ||
| Q1 25 | $0.25 | $0.56 | ||
| Q4 24 | $0.23 | $0.43 | ||
| Q3 24 | $0.21 | $0.38 | ||
| Q2 24 | $0.18 | $0.40 |
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 | $23.2M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $220.0M |
| 总资产 | $5.9B | $668.6M |
| 负债/权益比越低杠杆越低 | 1.63× | — |
8季度趋势，按日历期对齐
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $23.2M | ||
| Q3 25 | — | $17.1M | ||
| Q2 25 | — | $13.2M | ||
| Q1 25 | — | $21.2M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $8.9M | ||
| Q2 24 | — | $13.9M |
| 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 | — |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $220.0M | ||
| Q3 25 | $2.1B | $212.4M | ||
| Q2 25 | $2.1B | $202.5M | ||
| Q1 25 | $2.1B | $193.0M | ||
| Q4 24 | $2.1B | $181.9M | ||
| Q3 24 | $2.1B | $174.3M | ||
| Q2 24 | $2.1B | $167.8M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $668.6M | ||
| Q3 25 | $5.7B | $670.5M | ||
| Q2 25 | $5.7B | $659.0M | ||
| Q1 25 | $5.8B | $664.6M | ||
| Q4 24 | $5.8B | $648.9M | ||
| Q3 24 | $5.8B | $655.5M | ||
| Q2 24 | $5.8B | $654.4M |
| 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 | $21.1M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $11.6M |
| 自由现金流率自由现金流/营收 | 64.2% | 3.4% |
| 资本支出强度资本支出/营收 | 11.1% | 2.9% |
| 现金转化率经营现金流/净利润 | 1.65× | 1.86× |
| 过去12个月自由现金流最近4个季度 | — | $42.6M |
8季度趋势，按日历期对齐
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $21.1M | ||
| Q3 25 | $212.8M | $15.6M | ||
| Q2 25 | $265.2M | $2.9M | ||
| Q1 25 | $198.9M | $34.1M | ||
| Q4 24 | $232.7M | $2.7M | ||
| Q3 24 | $184.9M | $24.5M | ||
| Q2 24 | $215.8M | $12.4M |
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $7.5M | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $27.6M | ||
| Q4 24 | — | $-6.9M | ||
| Q3 24 | $184.3M | $18.0M | ||
| Q2 24 | $147.2M | $3.6M |
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 3.4% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | -1.3% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | -2.1% | ||
| Q3 24 | 68.3% | 5.6% | ||
| Q2 24 | 54.6% | 1.2% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | — | 2.4% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | 0.0% | 2.9% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 25.4% | 2.9% |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | 1.86× | ||
| Q3 25 | 1.84× | 1.32× | ||
| Q2 25 | 2.13× | 0.25× | ||
| Q1 25 | 1.65× | 2.60× | ||
| Q4 24 | 2.09× | 0.27× | ||
| Q3 24 | 1.85× | 2.72× | ||
| Q2 24 | 2.51× | 1.35× |
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% |
NGVC
| Grocery | $243.8M | 73% |
| Dietary Supplements | $60.7M | 18% |
| Manufactured Product Other | $31.0M | 9% |
