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Antero Midstream Corp（AM）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的1.7倍（$291.1M vs $167.7M），Antero Midstream Corp净利率更高（41.5% vs 2.7%，领先38.8%），Antero Midstream Corp同比增速更快（-7.3% vs -7.5%），Antero Midstream Corp自由现金流更多（$186.9M vs $-5.5M），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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
AM vs THRY — 直观对比
营收规模更大
AM
是对方的1.7倍
$167.7M
营收增速更快
AM
高出0.2%
-7.5%
净利率更高
AM
高出38.8%
2.7%
自由现金流更多
AM
多$192.4M
$-5.5M
两年增速更快
AM
近两年复合增速
-13.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $291.1M | $167.7M |
| 净利润 | $120.7M | $4.5M |
| 毛利率 | — | 65.2% |
| 营业利润率 | 60.9% | 37.3% |
| 净利率 | 41.5% | 2.7% |
| 营收同比 | -7.3% | -7.5% |
| 净利润同比 | 2.1% | 147.2% |
| 每股收益（稀释后） | $0.25 | $0.10 |
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AMTHRY
| Q1 26 | $291.1M | $167.7M | ||
| Q4 25 | $297.0M | $191.6M | ||
| Q3 25 | $294.8M | $201.6M | ||
| Q2 25 | $305.5M | $210.5M | ||
| Q1 25 | $291.1M | $181.4M | ||
| Q4 24 | $287.5M | $186.6M | ||
| Q3 24 | $269.9M | $179.9M | ||
| Q2 24 | $269.8M | $224.1M |
净利润AMTHRY
| Q1 26 | $120.7M | $4.5M | ||
| Q4 25 | $51.9M | $-9.7M | ||
| Q3 25 | $116.0M | $5.7M | ||
| Q2 25 | $124.5M | $13.9M | ||
| Q1 25 | $120.7M | $-9.6M | ||
| Q4 24 | $111.2M | $7.9M | ||
| Q3 24 | $99.7M | $-96.1M | ||
| Q2 24 | $86.0M | $5.5M |
毛利率AMTHRY
| Q1 26 | — | 65.2% | ||
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.7% | ||
| Q2 25 | — | 69.7% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 62.3% | ||
| Q2 24 | — | 66.3% |
营业利润率AMTHRY
| Q1 26 | 60.9% | 37.3% | ||
| Q4 25 | 33.8% | 5.3% | ||
| Q3 25 | 61.2% | 9.9% | ||
| Q2 25 | 61.0% | 14.0% | ||
| Q1 25 | 60.9% | -1.7% | ||
| Q4 24 | 61.8% | -3.9% | ||
| Q3 24 | 60.2% | -49.2% | ||
| Q2 24 | 56.6% | 14.0% |
净利率AMTHRY
| Q1 26 | 41.5% | 2.7% | ||
| Q4 25 | 17.5% | -5.0% | ||
| Q3 25 | 39.3% | 2.8% | ||
| Q2 25 | 40.8% | 6.6% | ||
| Q1 25 | 41.5% | -5.3% | ||
| Q4 24 | 38.7% | 4.2% | ||
| Q3 24 | 37.0% | -53.4% | ||
| Q2 24 | 31.9% | 2.5% |
每股收益（稀释后）AMTHRY
| Q1 26 | $0.25 | $0.10 | ||
| Q4 25 | $0.11 | $-0.21 | ||
| Q3 25 | $0.24 | $0.13 | ||
| Q2 25 | $0.26 | $0.31 | ||
| Q1 25 | $0.25 | $-0.22 | ||
| Q4 24 | $0.23 | $0.28 | ||
| Q3 24 | $0.21 | $-2.65 | ||
| Q2 24 | $0.18 | $0.15 |
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 | $8.0M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $2.0B | $225.4M |
| 总资产 | $5.9B | $693.7M |
| 负债/权益比越低杠杆越低 | 1.63× | — |
8季度趋势，按日历期对齐
现金及短期投资AMTHRY
| Q1 26 | $180.4M | $8.0M | ||
| Q4 25 | $180.4M | $10.8M | ||
| Q3 25 | — | $11.6M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $11.0M | ||
| Q4 24 | — | $16.3M | ||
| Q3 24 | — | $12.5M | ||
| Q2 24 | — | $15.5M |
总债务AMTHRY
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | $253.5M | ||
| Q3 25 | $3.0B | $268.2M | ||
| Q2 25 | $3.0B | $275.6M | ||
| Q1 25 | $3.1B | $299.0M | ||
| Q4 24 | $3.1B | $284.3M | ||
| Q3 24 | $3.2B | $307.8M | ||
| Q2 24 | $3.2B | $342.1M |
股东权益AMTHRY
| Q1 26 | $2.0B | $225.4M | ||
| Q4 25 | $2.0B | $218.1M | ||
| Q3 25 | $2.1B | $221.1M | ||
| Q2 25 | $2.1B | $214.9M | ||
| Q1 25 | $2.1B | $193.2M | ||
| Q4 24 | $2.1B | $196.9M | ||
| Q3 24 | $2.1B | $94.5M | ||
| Q2 24 | $2.1B | $183.1M |
总资产AMTHRY
| Q1 26 | $5.9B | $693.7M | ||
| Q4 25 | $5.9B | $688.6M | ||
| Q3 25 | $5.7B | $701.8M | ||
| Q2 25 | $5.7B | $687.7M | ||
| Q1 25 | $5.8B | $703.7M | ||
| Q4 24 | $5.8B | $712.2M | ||
| Q3 24 | $5.8B | $654.8M | ||
| Q2 24 | $5.8B | $785.5M |
负债/权益比AMTHRY
| Q1 26 | 1.63× | — | ||
| Q4 25 | 1.63× | 1.16× | ||
| Q3 25 | 1.46× | 1.21× | ||
| Q2 25 | 1.45× | 1.28× | ||
| Q1 25 | 1.49× | 1.55× | ||
| Q4 24 | 1.47× | 1.44× | ||
| Q3 24 | 1.49× | 3.26× | ||
| Q2 24 | 1.50× | 1.87× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $186.9M | $-5.5M |
| 自由现金流率自由现金流/营收 | 64.2% | -3.3% |
| 资本支出强度资本支出/营收 | 11.1% | — |
| 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 | — | $43.3M |
8季度趋势，按日历期对齐
经营现金流AMTHRY
| Q1 26 | $198.9M | — | ||
| Q4 25 | $255.5M | $22.2M | ||
| Q3 25 | $212.8M | $22.2M | ||
| Q2 25 | $265.2M | $29.6M | ||
| Q1 25 | $198.9M | $-10.5M | ||
| Q4 24 | $232.7M | $26.1M | ||
| Q3 24 | $184.9M | $36.0M | ||
| Q2 24 | $215.8M | $22.2M |
自由现金流AMTHRY
| Q1 26 | $186.9M | $-5.5M | ||
| Q4 25 | — | $12.3M | ||
| Q3 25 | — | $14.6M | ||
| Q2 25 | — | $21.8M | ||
| Q1 25 | — | $-17.6M | ||
| Q4 24 | — | $17.3M | ||
| Q3 24 | $184.3M | $27.5M | ||
| Q2 24 | $147.2M | $13.3M |
自由现金流率AMTHRY
| Q1 26 | 64.2% | -3.3% | ||
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 7.2% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | -9.7% | ||
| Q4 24 | — | 9.3% | ||
| Q3 24 | 68.3% | 15.3% | ||
| Q2 24 | 54.6% | 5.9% |
资本支出强度AMTHRY
| Q1 26 | 11.1% | — | ||
| Q4 25 | — | 5.2% | ||
| Q3 25 | — | 3.8% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | 0.0% | 4.7% | ||
| Q3 24 | 0.2% | 4.7% | ||
| Q2 24 | 25.4% | 4.0% |
现金转化率AMTHRY
| Q1 26 | 1.65× | — | ||
| Q4 25 | 4.92× | — | ||
| Q3 25 | 1.84× | 3.93× | ||
| Q2 25 | 2.13× | 2.12× | ||
| Q1 25 | 1.65× | — | ||
| Q4 24 | 2.09× | 3.32× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 2.51× | 4.01× |
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% |
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
