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Antero Midstream Corp（AM）与STANDARD MOTOR PRODUCTS, INC.（SMP）财务数据对比。点击上方公司名可切换其他公司
STANDARD MOTOR PRODUCTS, INC.的季度营收约是Antero Midstream Corp的1.3倍（$385.1M vs $291.1M），Antero Midstream Corp净利率更高（41.5% vs 2.0%，领先39.4%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs -7.3%），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% 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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
AM vs SMP — 直观对比
营收规模更大
SMP
是对方的1.3倍
$291.1M
营收增速更快
SMP
高出19.5%
-7.3%
净利率更高
AM
高出39.4%
2.0%
两年增速更快
SMP
近两年复合增速
3.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $385.1M |
| 净利润 | $120.7M | $7.9M |
| 毛利率 | — | 31.7% |
| 营业利润率 | 60.9% | 5.6% |
| 净利率 | 41.5% | 2.0% |
| 营收同比 | -7.3% | 12.2% |
| 净利润同比 | 2.1% | 457.9% |
| 每股收益（稀释后） | $0.25 | $0.34 |
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AMSMP
| Q1 26 | $291.1M | — | ||
| Q4 25 | $297.0M | $385.1M | ||
| Q3 25 | $294.8M | $498.8M | ||
| Q2 25 | $305.5M | $493.9M | ||
| Q1 25 | $291.1M | $413.4M | ||
| Q4 24 | $287.5M | $343.4M | ||
| Q3 24 | $269.9M | $399.3M | ||
| Q2 24 | $269.8M | $389.8M |
净利润AMSMP
| Q1 26 | $120.7M | — | ||
| Q4 25 | $51.9M | $7.9M | ||
| Q3 25 | $116.0M | $-4.3M | ||
| Q2 25 | $124.5M | $25.2M | ||
| Q1 25 | $120.7M | $12.6M | ||
| Q4 24 | $111.2M | $-2.2M | ||
| Q3 24 | $99.7M | $3.8M | ||
| Q2 24 | $86.0M | $17.1M |
毛利率AMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | 31.7% | ||
| Q3 25 | — | 32.4% | ||
| Q2 25 | — | 30.6% | ||
| Q1 25 | — | 30.2% | ||
| Q4 24 | — | 29.4% | ||
| Q3 24 | — | 30.4% | ||
| Q2 24 | — | 28.6% |
营业利润率AMSMP
| Q1 26 | 60.9% | — | ||
| Q4 25 | 33.8% | 5.6% | ||
| Q3 25 | 61.2% | 9.5% | ||
| Q2 25 | 61.0% | 8.7% | ||
| Q1 25 | 60.9% | 5.9% | ||
| Q4 24 | 61.8% | 1.1% | ||
| Q3 24 | 60.2% | 9.3% | ||
| Q2 24 | 56.6% | 6.4% |
净利率AMSMP
| Q1 26 | 41.5% | — | ||
| Q4 25 | 17.5% | 2.0% | ||
| Q3 25 | 39.3% | -0.9% | ||
| Q2 25 | 40.8% | 5.1% | ||
| Q1 25 | 41.5% | 3.0% | ||
| Q4 24 | 38.7% | -0.6% | ||
| Q3 24 | 37.0% | 1.0% | ||
| Q2 24 | 31.9% | 4.4% |
每股收益（稀释后）AMSMP
| Q1 26 | $0.25 | — | ||
| Q4 25 | $0.11 | $0.34 | ||
| Q3 25 | $0.24 | $-0.19 | ||
| Q2 25 | $0.26 | $1.13 | ||
| Q1 25 | $0.25 | $0.56 | ||
| Q4 24 | $0.23 | $-0.09 | ||
| Q3 24 | $0.21 | $0.17 | ||
| Q2 24 | $0.18 | $0.77 |
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 | — |
| 总债务越低越好 | $3.2B | $618.7M |
| 股东权益账面价值 | $2.0B | $683.7M |
| 总资产 | $5.9B | $2.0B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资AMSMP
| Q1 26 | $180.4M | — | ||
| Q4 25 | $180.4M | — | ||
| Q3 25 | — | $87.2M | ||
| Q2 25 | — | $58.8M | ||
| Q1 25 | — | $50.3M | ||
| Q4 24 | — | $44.4M | ||
| Q3 24 | — | $26.3M | ||
| Q2 24 | — | $26.2M |
总债务AMSMP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $618.7M | ||
| Q3 25 | $3.0B | $589.5M | ||
| Q2 25 | $3.0B | $636.6M | ||
| Q1 25 | $3.1B | $650.6M | ||
| Q4 24 | $3.1B | $562.3M | ||
| Q3 24 | $3.2B | $142.8M | ||
| Q2 24 | $3.2B | $208.2M |
股东权益AMSMP
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $683.7M | ||
| Q3 25 | $2.1B | $677.4M | ||
| Q2 25 | $2.1B | $688.6M | ||
| Q1 25 | $2.1B | $638.0M | ||
| Q4 24 | $2.1B | $615.7M | ||
| Q3 24 | $2.1B | $638.8M | ||
| Q2 24 | $2.1B | $640.0M |
总资产AMSMP
| Q1 26 | $5.9B | — | ||
| Q4 25 | $5.9B | $2.0B | ||
| Q3 25 | $5.7B | $2.0B | ||
| Q2 25 | $5.7B | $2.0B | ||
| Q1 25 | $5.8B | $1.9B | ||
| Q4 24 | $5.8B | $1.8B | ||
| Q3 24 | $5.8B | $1.4B | ||
| Q2 24 | $5.8B | $1.4B |
负债/权益比AMSMP
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 0.90× | ||
| Q3 25 | 1.46× | 0.87× | ||
| Q2 25 | 1.45× | 0.92× | ||
| Q1 25 | 1.49× | 1.02× | ||
| Q4 24 | 1.47× | 0.91× | ||
| Q3 24 | 1.49× | 0.22× | ||
| Q2 24 | 1.50× | 0.33× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-37.6M |
| 自由现金流率自由现金流/营收 | — | -9.8% |
| 资本支出强度资本支出/营收 | 11.1% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.65× | -3.59× |
| 过去12个月自由现金流最近4个季度 | — | $18.7M |
8季度趋势，按日历期对齐
经营现金流AMSMP
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $-28.2M | ||
| Q3 25 | $212.8M | $91.6M | ||
| Q2 25 | $265.2M | $54.3M | ||
| Q1 25 | $198.9M | $-60.2M | ||
| Q4 24 | $232.7M | $-1.5M | ||
| Q3 24 | $184.9M | $88.3M | ||
| Q2 24 | $215.8M | $35.6M |
自由现金流AMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | $-37.6M | ||
| Q3 25 | — | $81.5M | ||
| Q2 25 | — | $44.2M | ||
| Q1 25 | — | $-69.4M | ||
| Q4 24 | — | $-11.4M | ||
| Q3 24 | $184.3M | $77.1M | ||
| Q2 24 | $147.2M | $22.7M |
自由现金流率AMSMP
| Q1 26 | — | — | ||
| Q4 25 | — | -9.8% | ||
| Q3 25 | — | 16.3% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | — | -16.8% | ||
| Q4 24 | — | -3.3% | ||
| Q3 24 | 68.3% | 19.3% | ||
| Q2 24 | 54.6% | 5.8% |
资本支出强度AMSMP
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | — | 2.1% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | 0.0% | 2.9% | ||
| Q3 24 | 0.2% | 2.8% | ||
| Q2 24 | 25.4% | 3.3% |
现金转化率AMSMP
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | -3.59× | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | 2.15× | ||
| Q1 25 | 1.65× | -4.79× | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | 23.19× | ||
| Q2 24 | 2.51× | 2.09× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
