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Antero Midstream Corp（AM）与Dave & Buster's Entertainment, Inc.（PLAY）财务数据对比。点击上方公司名可切换其他公司
Dave & Buster's Entertainment, Inc.的季度营收约是Antero Midstream Corp的1.5倍（$448.2M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs -9.4%，领先50.9%），Dave & Buster's Entertainment, Inc.同比增速更快（-1.1% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $-20.6M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% vs -13.5%）
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。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
AM vs PLAY — 直观对比
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $448.2M |
| 净利润 | $120.7M | $-42.1M |
| 毛利率 | — | 85.8% |
| 营业利润率 | 60.9% | -3.6% |
| 净利率 | 41.5% | -9.4% |
| 营收同比 | -7.3% | -1.1% |
| 净利润同比 | 2.1% | -28.7% |
| 每股收益（稀释后） | $0.25 | $-1.22 |
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 | $448.2M | ||
| Q3 25 | $294.8M | $557.4M | ||
| Q2 25 | $305.5M | $567.7M | ||
| Q1 25 | $291.1M | $534.5M | ||
| Q4 24 | $287.5M | $453.0M | ||
| Q3 24 | $269.9M | $557.1M | ||
| Q2 24 | $269.8M | $588.1M |
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $-42.1M | ||
| Q3 25 | $116.0M | $11.4M | ||
| Q2 25 | $124.5M | $21.7M | ||
| Q1 25 | $120.7M | $9.3M | ||
| Q4 24 | $111.2M | $-32.7M | ||
| Q3 24 | $99.7M | $40.3M | ||
| Q2 24 | $86.0M | $41.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 85.8% | ||
| Q3 25 | — | 86.3% | ||
| Q2 25 | — | 85.5% | ||
| Q1 25 | — | 85.5% | ||
| Q4 24 | — | 85.0% | ||
| Q3 24 | — | 85.3% | ||
| Q2 24 | — | 85.2% |
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | -3.6% | ||
| Q3 25 | 61.2% | 9.5% | ||
| Q2 25 | 61.0% | 11.1% | ||
| Q1 25 | 60.9% | 8.3% | ||
| Q4 24 | 61.8% | 1.4% | ||
| Q3 24 | 60.2% | 15.2% | ||
| Q2 24 | 56.6% | 14.5% |
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | -9.4% | ||
| Q3 25 | 39.3% | 2.0% | ||
| Q2 25 | 40.8% | 3.8% | ||
| Q1 25 | 41.5% | 1.7% | ||
| Q4 24 | 38.7% | -7.2% | ||
| Q3 24 | 37.0% | 7.2% | ||
| Q2 24 | 31.9% | 7.0% |
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $-1.22 | ||
| Q3 25 | $0.24 | $0.32 | ||
| Q2 25 | $0.26 | $0.62 | ||
| Q1 25 | $0.25 | $0.32 | ||
| Q4 24 | $0.23 | $-0.84 | ||
| Q3 24 | $0.21 | $0.99 | ||
| Q2 24 | $0.18 | $0.99 |
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 | $13.6M |
| 总债务越低越好 | $3.2B | $1.6B |
| 股东权益账面价值 | $2.0B | $130.8M |
| 总资产 | $5.9B | $4.1B |
| 负债/权益比越低杠杆越低 | 1.63× | 12.17× |
8季度趋势，按日历期对齐
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $13.6M | ||
| Q3 25 | — | $12.0M | ||
| Q2 25 | — | $11.9M | ||
| Q1 25 | — | $6.9M | ||
| Q4 24 | — | $8.6M | ||
| Q3 24 | — | $13.1M | ||
| Q2 24 | — | $32.1M |
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.0B | $1.6B | ||
| Q2 25 | $3.0B | $1.6B | ||
| Q1 25 | $3.1B | $1.5B | ||
| Q4 24 | $3.1B | $1.5B | ||
| Q3 24 | $3.2B | $1.3B | ||
| Q2 24 | $3.2B | $1.3B |
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $130.8M | ||
| Q3 25 | $2.1B | $166.2M | ||
| Q2 25 | $2.1B | $146.8M | ||
| Q1 25 | $2.1B | $145.8M | ||
| Q4 24 | $2.1B | $226.6M | ||
| Q3 24 | $2.1B | $284.4M | ||
| Q2 24 | $2.1B | $292.5M |
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $4.1B | ||
| Q3 25 | $5.7B | $4.1B | ||
| Q2 25 | $5.7B | $4.1B | ||
| Q1 25 | $5.8B | $4.0B | ||
| Q4 24 | $5.8B | $3.9B | ||
| Q3 24 | $5.8B | $3.8B | ||
| Q2 24 | $5.8B | $3.8B |
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 12.17× | ||
| Q3 25 | 1.46× | 9.57× | ||
| Q2 25 | 1.45× | 10.98× | ||
| Q1 25 | 1.49× | 10.45× | ||
| Q4 24 | 1.47× | 6.58× | ||
| Q3 24 | 1.49× | 4.72× | ||
| Q2 24 | 1.50× | 4.58× |
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 | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $-20.6M |
| 自由现金流率自由现金流/营收 | 64.2% | -4.6% |
| 资本支出强度资本支出/营收 | 11.1% | 17.5% |
| 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 | — | $-195.6M |
8季度趋势，按日历期对齐
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $58.0M | ||
| Q3 25 | $212.8M | $34.0M | ||
| Q2 25 | $265.2M | $95.8M | ||
| Q1 25 | $198.9M | $108.9M | ||
| Q4 24 | $232.7M | $-7.2M | ||
| Q3 24 | $184.9M | $101.8M | ||
| Q2 24 | $215.8M | $108.8M |
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $-20.6M | ||
| Q3 25 | — | $-55.2M | ||
| Q2 25 | — | $-58.8M | ||
| Q1 25 | — | $-61.0M | ||
| Q4 24 | — | $-138.4M | ||
| Q3 24 | $184.3M | $-14.3M | ||
| Q2 24 | $147.2M | $-4.2M |
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | -4.6% | ||
| Q3 25 | — | -9.9% | ||
| Q2 25 | — | -10.4% | ||
| Q1 25 | — | -11.4% | ||
| Q4 24 | — | -30.6% | ||
| Q3 24 | 68.3% | -2.6% | ||
| Q2 24 | 54.6% | -0.7% |
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 17.5% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | — | 27.2% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | 0.0% | 29.0% | ||
| Q3 24 | 0.2% | 20.8% | ||
| Q2 24 | 25.4% | 19.2% |
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | 2.98× | ||
| Q2 25 | 2.13× | 4.41× | ||
| Q1 25 | 1.65× | 11.71× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | 2.53× | ||
| Q2 24 | 2.51× | 2.63× |
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% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
