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Antero Midstream Corp（AM）与PennyMac Financial Services, Inc.（PFSI）财务数据对比。点击上方公司名可切换其他公司
PennyMac Financial Services, Inc.的季度营收约是Antero Midstream Corp的1.8倍（$538.0M vs $291.1M），PennyMac Financial Services, Inc.净利率更高（1752.5% vs 41.5%，领先1711.0%），PennyMac Financial Services, Inc.同比增速更快（14.4% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $-1.7B），过去两年PennyMac Financial Services, Inc.的营收复合增速更高（32.7% 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。
PennyMac Financial Services是总部位于美国加利福尼亚州西湖村的住宅抵押贷款企业，核心业务涵盖美国抵押贷款的发放、贷后服务，以及抵押贷款市场相关投资管理。公司下设两家子公司，其中PNMAC资本管理有限公司负责运营旗下的抵押贷款不动产投资信托（REIT）PennyMac Mortgage Investment Trust。
AM vs PFSI — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $538.0M |
| 净利润 | $120.7M | $106.8M |
| 毛利率 | — | — |
| 营业利润率 | 60.9% | 25.0% |
| 净利率 | 41.5% | 1752.5% |
| 营收同比 | -7.3% | 14.4% |
| 净利润同比 | 2.1% | 2.2% |
| 每股收益（稀释后） | $0.25 | $1.97 |
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 | $538.0M | ||
| Q3 25 | $294.8M | $632.9M | ||
| Q2 25 | $305.5M | $444.7M | ||
| Q1 25 | $291.1M | $430.9M | ||
| Q4 24 | $287.5M | $470.1M | ||
| Q3 24 | $269.9M | $411.8M | ||
| Q2 24 | $269.8M | $406.1M |
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $106.8M | ||
| Q3 25 | $116.0M | $181.5M | ||
| Q2 25 | $124.5M | $136.5M | ||
| Q1 25 | $120.7M | $76.3M | ||
| Q4 24 | $111.2M | $104.5M | ||
| Q3 24 | $99.7M | $69.4M | ||
| Q2 24 | $86.0M | $98.3M |
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 25.0% | ||
| Q3 25 | 61.2% | 37.3% | ||
| Q2 25 | 61.0% | 17.2% | ||
| Q1 25 | 60.9% | 24.2% | ||
| Q4 24 | 61.8% | 27.5% | ||
| Q3 24 | 60.2% | 22.8% | ||
| Q2 24 | 56.6% | 33.0% |
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 1752.5% | ||
| Q3 25 | 39.3% | 28.7% | ||
| Q2 25 | 40.8% | 30.7% | ||
| Q1 25 | 41.5% | 17.7% | ||
| Q4 24 | 38.7% | 2559.8% | ||
| Q3 24 | 37.0% | 16.8% | ||
| Q2 24 | 31.9% | 24.2% |
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $1.97 | ||
| Q3 25 | $0.24 | $3.37 | ||
| Q2 25 | $0.26 | $2.54 | ||
| Q1 25 | $0.25 | $1.42 | ||
| Q4 24 | $0.23 | $1.95 | ||
| Q3 24 | $0.21 | $1.30 | ||
| Q2 24 | $0.18 | $1.85 |
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 | $410.0M |
| 总债务越低越好 | $3.2B | $6.2B |
| 股东权益账面价值 | $2.0B | $4.3B |
| 总资产 | $5.9B | $29.4B |
| 负债/权益比越低杠杆越低 | 1.63× | 1.45× |
8季度趋势，按日历期对齐
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $410.0M | ||
| Q3 25 | — | $62.2M | ||
| Q2 25 | — | $462.3M | ||
| Q1 25 | — | $443.4M | ||
| Q4 24 | — | $420.6M | ||
| Q3 24 | — | $667.9M | ||
| Q2 24 | — | $188.8M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $6.2B | ||
| Q3 25 | $3.0B | $6.2B | ||
| Q2 25 | $3.0B | $5.6B | ||
| Q1 25 | $3.1B | $5.8B | ||
| Q4 24 | $3.1B | $5.3B | ||
| Q3 24 | $3.2B | $4.9B | ||
| Q2 24 | $3.2B | $4.9B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $4.3B | ||
| Q3 25 | $2.1B | $4.2B | ||
| Q2 25 | $2.1B | $4.0B | ||
| Q1 25 | $2.1B | $3.9B | ||
| Q4 24 | $2.1B | $3.8B | ||
| Q3 24 | $2.1B | $3.7B | ||
| Q2 24 | $2.1B | $3.7B |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $29.4B | ||
| Q3 25 | $5.7B | $25.4B | ||
| Q2 25 | $5.7B | $24.2B | ||
| Q1 25 | $5.8B | $23.9B | ||
| Q4 24 | $5.8B | $26.1B | ||
| Q3 24 | $5.8B | $22.9B | ||
| Q2 24 | $5.8B | $21.6B |
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 1.45× | ||
| Q3 25 | 1.46× | 1.48× | ||
| Q2 25 | 1.45× | 1.38× | ||
| Q1 25 | 1.49× | 1.48× | ||
| Q4 24 | 1.47× | 1.37× | ||
| Q3 24 | 1.49× | 1.32× | ||
| Q2 24 | 1.50× | 1.35× |
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 | $-1.7B |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $-1.7B |
| 自由现金流率自由现金流/营收 | 64.2% | -309.3% |
| 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× | -15.46× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $-1.7B | ||
| Q3 25 | $212.8M | $-697.4M | ||
| Q2 25 | $265.2M | $-131.3M | ||
| Q1 25 | $198.9M | $1.1B | ||
| Q4 24 | $232.7M | $-4.5B | ||
| Q3 24 | $184.9M | $-393.7M | ||
| Q2 24 | $215.8M | $-1.1B |
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $-1.7B | ||
| Q3 25 | — | $-699.4M | ||
| Q2 25 | — | $-132.6M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $-4.5B | ||
| Q3 24 | $184.3M | $-393.9M | ||
| Q2 24 | $147.2M | $-1.1B |
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | -309.3% | ||
| Q3 25 | — | -110.5% | ||
| Q2 25 | — | -29.8% | ||
| Q1 25 | — | 247.3% | ||
| Q4 24 | — | -964.7% | ||
| Q3 24 | 68.3% | -95.6% | ||
| Q2 24 | 54.6% | -269.2% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 0.0% | 0.4% | ||
| Q3 24 | 0.2% | 0.0% | ||
| Q2 24 | 25.4% | 0.1% |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | -15.46× | ||
| Q3 25 | 1.84× | -3.84× | ||
| Q2 25 | 2.13× | -0.96× | ||
| Q1 25 | 1.65× | 13.97× | ||
| Q4 24 | 2.09× | -43.39× | ||
| Q3 24 | 1.85× | -5.68× | ||
| Q2 24 | 2.51× | -11.12× |
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% |
PFSI
暂无分部数据
