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Antero Midstream Corp（AM）与狮门娱乐（STRZ）财务数据对比。点击上方公司名可切换其他公司
狮门娱乐的季度营收约是Antero Midstream Corp的1.1倍（$320.9M vs $297.0M），Antero Midstream Corp净利率更高（17.5% vs -16.4%，领先33.9%），Antero Midstream Corp同比增速更快（3.3% vs -7.5%），过去两年Antero Midstream Corp的营收复合增速更高（3.2% vs -40.6%）
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。
Starz娱乐集团（原狮门娱乐）是一家加拿大裔美国合资娱乐企业，1997年由弗兰克·朱斯特拉创立，目前总部坐落于加利福尼亚州圣莫尼卡，注册经营原籍为不列颠哥伦比亚省温哥华，在影视内容制作发行领域拥有深厚行业积淀。
AM vs STRZ — 直观对比
营收规模更大
STRZ
是对方的1.1倍
$297.0M
营收增速更快
AM
高出10.8%
-7.5%
净利率更高
AM
高出33.9%
-16.4%
两年增速更快
AM
近两年复合增速
-40.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $297.0M | $320.9M |
| 净利润 | $51.9M | $-52.6M |
| 毛利率 | — | — |
| 营业利润率 | 33.8% | -10.8% |
| 净利率 | 17.5% | -16.4% |
| 营收同比 | 3.3% | -7.5% |
| 净利润同比 | -53.3% | -71.9% |
| 每股收益（稀释后） | $0.11 | $-3.15 |
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AMSTRZ
| Q4 25 | $297.0M | — | ||
| Q3 25 | $294.8M | $320.9M | ||
| Q2 25 | $305.5M | $319.7M | ||
| Q1 25 | $291.1M | — | ||
| Q4 24 | $287.5M | $970.5M | ||
| Q3 24 | $269.9M | $346.9M | ||
| Q2 24 | $269.8M | $347.6M | ||
| Q1 24 | $279.1M | — |
净利润AMSTRZ
| Q4 25 | $51.9M | — | ||
| Q3 25 | $116.0M | $-52.6M | ||
| Q2 25 | $124.5M | $-42.5M | ||
| Q1 25 | $120.7M | — | ||
| Q4 24 | $111.2M | $-21.9M | ||
| Q3 24 | $99.7M | $-30.6M | ||
| Q2 24 | $86.0M | $4.2M | ||
| Q1 24 | $103.9M | — |
营业利润率AMSTRZ
| Q4 25 | 33.8% | — | ||
| Q3 25 | 61.2% | -10.8% | ||
| Q2 25 | 61.0% | -8.4% | ||
| Q1 25 | 60.9% | — | ||
| Q4 24 | 61.8% | 3.7% | ||
| Q3 24 | 60.2% | -4.9% | ||
| Q2 24 | 56.6% | 2.9% | ||
| Q1 24 | 59.6% | — |
净利率AMSTRZ
| Q4 25 | 17.5% | — | ||
| Q3 25 | 39.3% | -16.4% | ||
| Q2 25 | 40.8% | -13.3% | ||
| Q1 25 | 41.5% | — | ||
| Q4 24 | 38.7% | -2.3% | ||
| Q3 24 | 37.0% | -8.8% | ||
| Q2 24 | 31.9% | 1.2% | ||
| Q1 24 | 37.2% | — |
每股收益（稀释后）AMSTRZ
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.24 | $-3.15 | ||
| Q2 25 | $0.26 | $-2.54 | ||
| Q1 25 | $0.25 | — | ||
| Q4 24 | $0.23 | $-0.09 | ||
| Q3 24 | $0.21 | $-1.83 | ||
| Q2 24 | $0.18 | $0.26 | ||
| Q1 24 | $0.21 | — |
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 | $37.0M |
| 总债务越低越好 | $3.2B | $608.7M |
| 股东权益账面价值 | $2.0B | $663.2M |
| 总资产 | $5.9B | $2.0B |
| 负债/权益比越低杠杆越低 | 1.63× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资AMSTRZ
| Q4 25 | $180.4M | — | ||
| Q3 25 | — | $37.0M | ||
| Q2 25 | — | $51.6M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $200.5M | ||
| Q3 24 | — | $229.6M | ||
| Q2 24 | — | $192.5M | ||
| Q1 24 | $26.1M | — |
总债务AMSTRZ
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | $608.7M | ||
| Q2 25 | $3.0B | $611.7M | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.1B | $2.4B | ||
| Q3 24 | $3.2B | $2.1B | ||
| Q2 24 | $3.2B | $1.5B | ||
| Q1 24 | $3.2B | — |
股东权益AMSTRZ
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $663.2M | ||
| Q2 25 | $2.1B | $712.3M | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | $-168.3M | ||
| Q3 24 | $2.1B | $935.9M | ||
| Q2 24 | $2.1B | $973.1M | ||
| Q1 24 | $2.2B | — |
总资产AMSTRZ
| Q4 25 | $5.9B | — | ||
| Q3 25 | $5.7B | $2.0B | ||
| Q2 25 | $5.7B | $2.1B | ||
| Q1 25 | $5.8B | — | ||
| Q4 24 | $5.8B | $7.2B | ||
| Q3 24 | $5.8B | $7.1B | ||
| Q2 24 | $5.8B | $7.2B | ||
| Q1 24 | $5.7B | — |
负债/权益比AMSTRZ
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.46× | 0.92× | ||
| Q2 25 | 1.45× | 0.86× | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 1.49× | 2.24× | ||
| Q2 24 | 1.50× | 1.59× | ||
| Q1 24 | 1.48× | — |
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 | $255.5M | $-26.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-31.3M |
| 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 | — | 1.6% |
| 现金转化率经营现金流/净利润 | 4.92× | — |
| 过去12个月自由现金流最近4个季度 | — | $-317.7M |
8季度趋势，按日历期对齐
经营现金流AMSTRZ
| Q4 25 | $255.5M | — | ||
| Q3 25 | $212.8M | $-26.1M | ||
| Q2 25 | $265.2M | $65.4M | ||
| Q1 25 | $198.9M | — | ||
| Q4 24 | $232.7M | $-335.3M | ||
| Q3 24 | $184.9M | $9.1M | ||
| Q2 24 | $215.8M | $-33.5M | ||
| Q1 24 | $210.6M | — |
自由现金流AMSTRZ
| Q4 25 | — | — | ||
| Q3 25 | — | $-31.3M | ||
| Q2 25 | — | $58.5M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $-349.3M | ||
| Q3 24 | $184.3M | $4.4M | ||
| Q2 24 | $147.2M | $-38.4M | ||
| Q1 24 | $208.5M | — |
自由现金流率AMSTRZ
| Q4 25 | — | — | ||
| Q3 25 | — | -9.8% | ||
| Q2 25 | — | 18.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -36.0% | ||
| Q3 24 | 68.3% | 1.3% | ||
| Q2 24 | 54.6% | -11.0% | ||
| Q1 24 | 74.7% | — |
资本支出强度AMSTRZ
| Q4 25 | — | — | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | 1.4% | ||
| Q3 24 | 0.2% | 1.4% | ||
| Q2 24 | 25.4% | 1.4% | ||
| Q1 24 | 0.7% | — |
现金转化率AMSTRZ
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | — | ||
| Q2 25 | 2.13× | — | ||
| Q1 25 | 1.65× | — | ||
| Q4 24 | 2.09× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 2.51× | -7.98× | ||
| Q1 24 | 2.03× | — |
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 Low Pressure | $114.2M | 38% |
| Natural Gas Water Handling And Treatment Affiliate | $63.2M | 21% |
| Water Handling | $55.7M | 19% |
| Fresh Water Delivery | $37.2M | 13% |
| Other Fluid Handling | $26.9M | 9% |
STRZ
| Over The Top Subscription Service OTT | $222.8M | 69% |
| Linear Subscription Service | $98.1M | 31% |
