vs
Alpha Metallurgical Resources, Inc.（AMR）与CF Industries（CF）财务数据对比。点击上方公司名可切换其他公司
CF Industries的季度营收约是Alpha Metallurgical Resources, Inc.的3.6倍（$1.9B vs $519.1M）。CF Industries净利率更高（26.4% vs -3.3%，领先29.8%）。CF Industries同比增速更快（22.8% vs -15.7%）。CF Industries自由现金流更多（$313.0M vs $-10.0M）。过去两年CF Industries的营收复合增速更高（12.8% vs -22.4%）
阿尔法冶金资源（前身为康图拉能源）是行业领先的煤炭供应商，在阿巴拉契亚北部和中部拥有地下及露天煤矿综合体，在宾夕法尼亚州、弗吉尼亚州和西弗吉尼亚州坐拥大型煤田，生产用于炼钢的冶金煤和用于发电的动力煤，供应全球下游客户。
CF Industries Holdings Inc.是美国知名农用肥料生产及分销商，1946年成立时名为中央农民肥料公司，总部位于芝加哥郊区的伊利诺伊州诺斯布鲁克。公司主营氨、尿素、硝酸铵等肥料产品，最初为区域农业供应合作社联盟，成立56年后完成股份化改制，转为公开上市企业。
AMR vs CF — 直观对比
营收规模更大
CF
是对方的3.6倍
$519.1M
营收增速更快
CF
高出38.5%
-15.7%
净利率更高
CF
高出29.8%
-3.3%
自由现金流更多
CF
多$323.0M
$-10.0M
两年增速更快
CF
近两年复合增速
-22.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $519.1M | $1.9B |
| 净利润 | $-17.3M | $495.0M |
| 毛利率 | — | 40.9% |
| 营业利润率 | -4.1% | 33.0% |
| 净利率 | -3.3% | 26.4% |
| 营收同比 | -15.7% | 22.8% |
| 净利润同比 | -711.2% | 26.3% |
| 每股收益（稀释后） | $-1.35 | $2.56 |
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AMRCF
| Q4 25 | $519.1M | $1.9B | ||
| Q3 25 | $525.2M | $1.7B | ||
| Q2 25 | $548.7M | $1.9B | ||
| Q1 25 | $529.7M | $1.7B | ||
| Q4 24 | $615.4M | $1.5B | ||
| Q3 24 | $669.8M | $1.4B | ||
| Q2 24 | $800.1M | $1.6B | ||
| Q1 24 | $861.3M | $1.5B |
净利润AMRCF
| Q4 25 | $-17.3M | $495.0M | ||
| Q3 25 | $-5.5M | $460.0M | ||
| Q2 25 | $-5.0M | $492.0M | ||
| Q1 25 | $-33.9M | $351.0M | ||
| Q4 24 | $-2.1M | $392.0M | ||
| Q3 24 | $3.8M | $341.0M | ||
| Q2 24 | $58.9M | $506.0M | ||
| Q1 24 | $127.0M | $238.0M |
毛利率AMRCF
| Q4 25 | — | 40.9% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 39.9% | ||
| Q1 25 | — | 34.4% | ||
| Q4 24 | — | 34.4% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 43.2% | ||
| Q1 24 | — | 27.8% |
营业利润率AMRCF
| Q4 25 | -4.1% | 33.0% | ||
| Q3 25 | -0.5% | 35.0% | ||
| Q2 25 | 0.5% | 34.3% | ||
| Q1 25 | -7.6% | 27.4% | ||
| Q4 24 | 1.6% | 28.9% | ||
| Q3 24 | 0.8% | 26.6% | ||
| Q2 24 | 8.8% | 40.6% | ||
| Q1 24 | 16.5% | 20.6% |
净利率AMRCF
| Q4 25 | -3.3% | 26.4% | ||
| Q3 25 | -1.1% | 27.7% | ||
| Q2 25 | -0.9% | 26.0% | ||
| Q1 25 | -6.4% | 21.1% | ||
| Q4 24 | -0.3% | 25.7% | ||
| Q3 24 | 0.6% | 24.9% | ||
| Q2 24 | 7.4% | 32.2% | ||
| Q1 24 | 14.7% | 16.2% |
每股收益（稀释后）AMRCF
| Q4 25 | $-1.35 | $2.56 | ||
| Q3 25 | $-0.42 | $2.19 | ||
| Q2 25 | $-0.38 | $2.37 | ||
| Q1 25 | $-2.60 | $1.85 | ||
| Q4 24 | $-0.09 | $1.86 | ||
| Q3 24 | $0.29 | $1.55 | ||
| Q2 24 | $4.49 | $2.30 | ||
| Q1 24 | $9.59 | $1.03 |
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 | $415.6M | — |
| 总债务越低越好 | $9.8M | $3.2B |
| 股东权益账面价值 | $1.5B | $4.8B |
| 总资产 | $2.3B | $14.1B |
| 负债/权益比越低杠杆越低 | 0.01× | 0.66× |
8季度趋势，按日历期对齐
现金及短期投资AMRCF
| Q4 25 | $415.6M | — | ||
| Q3 25 | $457.9M | — | ||
| Q2 25 | $449.0M | — | ||
| Q1 25 | $448.0M | — | ||
| Q4 24 | $481.6M | — | ||
| Q3 24 | $484.6M | — | ||
| Q2 24 | $336.1M | — | ||
| Q1 24 | $269.4M | — |
总债务AMRCF
| Q4 25 | $9.8M | $3.2B | ||
| Q3 25 | $2.9M | $3.0B | ||
| Q2 25 | $3.1M | $3.0B | ||
| Q1 25 | $2.4M | $3.0B | ||
| Q4 24 | $2.9M | $3.0B | ||
| Q3 24 | $3.6M | $3.0B | ||
| Q2 24 | $5.3M | $3.0B | ||
| Q1 24 | $6.0M | $3.0B |
股东权益AMRCF
| Q4 25 | $1.5B | $4.8B | ||
| Q3 25 | $1.6B | $4.8B | ||
| Q2 25 | $1.6B | $5.0B | ||
| Q1 25 | $1.6B | $4.8B | ||
| Q4 24 | $1.6B | $5.0B | ||
| Q3 24 | $1.7B | $5.2B | ||
| Q2 24 | $1.6B | $5.5B | ||
| Q1 24 | $1.6B | $5.4B |
总资产AMRCF
| Q4 25 | $2.3B | $14.1B | ||
| Q3 25 | $2.3B | $14.2B | ||
| Q2 25 | $2.4B | $13.8B | ||
| Q1 25 | $2.4B | $13.3B | ||
| Q4 24 | $2.4B | $13.5B | ||
| Q3 24 | $2.5B | $13.8B | ||
| Q2 24 | $2.5B | $13.8B | ||
| Q1 24 | $2.5B | $13.9B |
负债/权益比AMRCF
| Q4 25 | 0.01× | 0.66× | ||
| Q3 25 | 0.00× | 0.61× | ||
| Q2 25 | 0.00× | 0.60× | ||
| Q1 25 | 0.00× | 0.62× | ||
| Q4 24 | 0.00× | 0.60× | ||
| Q3 24 | 0.00× | 0.57× | ||
| Q2 24 | 0.00× | 0.54× | ||
| Q1 24 | 0.00× | 0.55× |
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 | $19.0M | $539.0M |
| 自由现金流经营现金流 - 资本支出 | $-10.0M | $313.0M |
| 自由现金流率自由现金流/营收 | -1.9% | 16.7% |
| 资本支出强度资本支出/营收 | 5.6% | 12.1% |
| 现金转化率经营现金流/净利润 | — | 1.09× |
| 过去12个月自由现金流最近4个季度 | $17.8M | $1.8B |
8季度趋势，按日历期对齐
经营现金流AMRCF
| Q4 25 | $19.0M | $539.0M | ||
| Q3 25 | $50.5M | $1.1B | ||
| Q2 25 | $53.2M | $563.0M | ||
| Q1 25 | $22.2M | $586.0M | ||
| Q4 24 | $56.3M | $420.0M | ||
| Q3 24 | $189.5M | $931.0M | ||
| Q2 24 | $138.1M | $475.0M | ||
| Q1 24 | $196.1M | $445.0M |
自由现金流AMRCF
| Q4 25 | $-10.0M | $313.0M | ||
| Q3 25 | $25.4M | $717.0M | ||
| Q2 25 | $18.6M | $318.0M | ||
| Q1 25 | $-16.3M | $454.0M | ||
| Q4 24 | $13.6M | $223.0M | ||
| Q3 24 | $158.0M | $792.0M | ||
| Q2 24 | $77.0M | $391.0M | ||
| Q1 24 | $132.5M | $347.0M |
自由现金流率AMRCF
| Q4 25 | -1.9% | 16.7% | ||
| Q3 25 | 4.8% | 43.2% | ||
| Q2 25 | 3.4% | 16.8% | ||
| Q1 25 | -3.1% | 27.3% | ||
| Q4 24 | 2.2% | 14.6% | ||
| Q3 24 | 23.6% | 57.8% | ||
| Q2 24 | 9.6% | 24.9% | ||
| Q1 24 | 15.4% | 23.6% |
资本支出强度AMRCF
| Q4 25 | 5.6% | 12.1% | ||
| Q3 25 | 4.8% | 20.9% | ||
| Q2 25 | 6.3% | 13.0% | ||
| Q1 25 | 7.3% | 7.9% | ||
| Q4 24 | 6.9% | 12.9% | ||
| Q3 24 | 4.7% | 10.1% | ||
| Q2 24 | 7.6% | 5.3% | ||
| Q1 24 | 7.4% | 6.7% |
现金转化率AMRCF
| Q4 25 | — | 1.09× | ||
| Q3 25 | — | 2.31× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.67× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | 49.81× | 2.73× | ||
| Q2 24 | 2.34× | 0.94× | ||
| Q1 24 | 1.54× | 1.87× |
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
AMR
暂无分部数据
CF
| Ammonia | $591.0M | 32% |
| UAN | $493.0M | 26% |
| Urea | $372.0M | 20% |
| Other | $244.0M | 13% |
| Other Products | $147.0M | 8% |
| Ammonium Nitrate Segment | $25.0M | 1% |
