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Antero Midstream Corp（AM）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
Antero Midstream Corp的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.3倍（$291.1M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs -7.3%），Antero Midstream Corp自由现金流更多（$186.9M vs $26.2M），过去两年Antero Midstream Corp的营收复合增速更高（3.9% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
AM vs ROCK — 直观对比
营收规模更大
AM
是对方的1.3倍
$225.0M
营收增速更快
ROCK
高出32.3%
-7.3%
自由现金流更多
AM
多$160.7M
$26.2M
两年增速更快
AM
近两年复合增速
-12.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $225.0M |
| 净利润 | $120.7M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | 60.9% | 7.9% |
| 净利率 | 41.5% | — |
| 营收同比 | -7.3% | 24.9% |
| 净利润同比 | 2.1% | — |
| 每股收益（稀释后） | $0.25 | — |
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AMROCK
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $225.0M | ||
| Q3 25 | $294.8M | $310.9M | ||
| Q2 25 | $305.5M | $309.5M | ||
| Q1 25 | $291.1M | $290.0M | ||
| Q4 24 | $287.5M | $180.1M | ||
| Q3 24 | $269.9M | $277.1M | ||
| Q2 24 | $269.8M | $273.6M |
净利润AMROCK
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | — | ||
| Q3 25 | $116.0M | $-89.1M | ||
| Q2 25 | $124.5M | $26.0M | ||
| Q1 25 | $120.7M | $21.1M | ||
| Q4 24 | $111.2M | — | ||
| Q3 24 | $99.7M | $34.0M | ||
| Q2 24 | $86.0M | $32.2M |
毛利率AMROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% |
营业利润率AMROCK
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 7.9% | ||
| Q3 25 | 61.2% | 12.8% | ||
| Q2 25 | 61.0% | 12.8% | ||
| Q1 25 | 60.9% | 8.8% | ||
| Q4 24 | 61.8% | 13.3% | ||
| Q3 24 | 60.2% | 15.6% | ||
| Q2 24 | 56.6% | 14.9% |
净利率AMROCK
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | — | ||
| Q3 25 | 39.3% | -28.6% | ||
| Q2 25 | 40.8% | 8.4% | ||
| Q1 25 | 41.5% | 7.3% | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 37.0% | 12.3% | ||
| Q2 24 | 31.9% | 11.8% |
每股收益（稀释后）AMROCK
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.24 | $-2.98 | ||
| Q2 25 | $0.26 | $0.87 | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.23 | — | ||
| Q3 24 | $0.21 | $1.11 | ||
| Q2 24 | $0.18 | $1.05 |
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 | $115.7M |
| 总债务越低越好 | $3.2B | $0 |
| 股东权益账面价值 | $2.0B | $950.4M |
| 总资产 | $5.9B | $1.4B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资AMROCK
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | $115.7M | ||
| Q3 25 | — | $89.4M | ||
| Q2 25 | — | $43.3M | ||
| Q1 25 | — | $25.1M | ||
| Q4 24 | — | $269.5M | ||
| Q3 24 | — | $228.9M | ||
| Q2 24 | — | $179.1M |
总债务AMROCK
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $0 | ||
| Q3 25 | $3.0B | $0 | ||
| Q2 25 | $3.0B | $0 | ||
| Q1 25 | $3.1B | $0 | ||
| Q4 24 | $3.1B | $0 | ||
| Q3 24 | $3.2B | $0 | ||
| Q2 24 | $3.2B | $0 |
股东权益AMROCK
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $950.4M | ||
| Q3 25 | $2.1B | $951.8M | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.1B | $1.0B | ||
| Q3 24 | $2.1B | $1.0B | ||
| Q2 24 | $2.1B | $975.7M |
总资产AMROCK
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $1.4B | ||
| Q3 25 | $5.7B | $1.4B | ||
| Q2 25 | $5.7B | $1.5B | ||
| Q1 25 | $5.8B | $1.4B | ||
| Q4 24 | $5.8B | $1.4B | ||
| Q3 24 | $5.8B | $1.4B | ||
| Q2 24 | $5.8B | $1.4B |
负债/权益比AMROCK
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 0.00× | ||
| Q3 25 | 1.46× | 0.00× | ||
| Q2 25 | 1.45× | 0.00× | ||
| Q1 25 | 1.49× | 0.00× | ||
| Q4 24 | 1.47× | 0.00× | ||
| Q3 24 | 1.49× | 0.00× | ||
| Q2 24 | 1.50× | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $26.2M |
| 自由现金流率自由现金流/营收 | 64.2% | 11.7% |
| 资本支出强度资本支出/营收 | 11.1% | 4.1% |
| 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 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流AMROCK
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $35.5M | ||
| Q3 25 | $212.8M | $73.0M | ||
| Q2 25 | $265.2M | $44.9M | ||
| Q1 25 | $198.9M | $13.7M | ||
| Q4 24 | $232.7M | $19.9M | ||
| Q3 24 | $184.9M | $64.7M | ||
| Q2 24 | $215.8M | $36.5M |
自由现金流AMROCK
| Q1 26 | $186.9M | — | ||
| Q4 25 | — | $26.2M | ||
| Q3 25 | — | $64.8M | ||
| Q2 25 | — | $27.3M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $14.1M | ||
| Q3 24 | $184.3M | $60.5M | ||
| Q2 24 | $147.2M | $33.5M |
自由现金流率AMROCK
| Q1 26 | 64.2% | — | ||
| Q4 25 | — | 11.7% | ||
| Q3 25 | — | 20.8% | ||
| Q2 25 | — | 8.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 68.3% | 21.8% | ||
| Q2 24 | 54.6% | 12.2% |
资本支出强度AMROCK
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 5.7% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | 0.0% | 3.3% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 25.4% | 1.1% |
现金转化率AMROCK
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | 1.73× | ||
| Q1 25 | 1.65× | 0.65× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | 1.90× | ||
| Q2 24 | 2.51× | 1.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
