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Amentum Holdings, Inc.（AMTM）与GLOBAL PARTNERS LP（GLP）财务数据对比。点击上方公司名可切换其他公司
Amentum Holdings, Inc.的季度营收约是GLOBAL PARTNERS LP的1.5倍（$3.2B vs $2.2B），Amentum Holdings, Inc.净利率更高（1.4% vs 1.1%，领先0.2%），GLOBAL PARTNERS LP同比增速更快（7.0% vs -5.2%），GLOBAL PARTNERS LP自由现金流更多（$62.2M vs $-142.0M），过去两年Amentum Holdings, Inc.的营收复合增速更高（25.6% vs 0.2%）
本公司是总部位于美国达拉斯的跨国技术专业服务企业，面向全球企业、机构及政府部门客户提供工程、技术、建设服务以及科学与专项咨询服务，连续6年蝉联《工程新闻纪录》（ENR）全球顶尖设计企业500强榜首。
Global Partners LP是一家美国能源供应企业，2018年位列《财富》世界500强第361位，采用业主有限合伙制架构，核心业务为石油产品进口，深耕北美市场开展营销活动，批发的产品涵盖原油、柴油、汽油、取暖油及煤油等品类。
AMTM vs GLP — 直观对比
营收规模更大
AMTM
是对方的1.5倍
$2.2B
营收增速更快
GLP
高出12.2%
-5.2%
净利率更高
AMTM
高出0.2%
1.1%
自由现金流更多
GLP
多$204.2M
$-142.0M
两年增速更快
AMTM
近两年复合增速
0.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $2.2B |
| 净利润 | $44.0M | $25.1M |
| 毛利率 | 10.1% | 11.9% |
| 营业利润率 | 4.3% | 2.6% |
| 净利率 | 1.4% | 1.1% |
| 营收同比 | -5.2% | 7.0% |
| 净利润同比 | 266.7% | 5.0% |
| 每股收益（稀释后） | $0.18 | — |
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AMTMGLP
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.9B | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | $3.6B | $2.1B | ||
| Q1 25 | $3.5B | $2.2B | ||
| Q4 24 | $3.4B | $2.1B | ||
| Q3 24 | $2.2B | $2.1B | ||
| Q2 24 | $2.1B | $2.3B |
净利润AMTMGLP
| Q1 26 | $44.0M | — | ||
| Q4 25 | $40.0M | $25.1M | ||
| Q3 25 | — | $29.0M | ||
| Q2 25 | $10.0M | $25.2M | ||
| Q1 25 | $4.0M | $18.7M | ||
| Q4 24 | $12.0M | $23.9M | ||
| Q3 24 | $26.0M | $45.9M | ||
| Q2 24 | $-26.0M | $46.1M |
毛利率AMTMGLP
| Q1 26 | 10.1% | — | ||
| Q4 25 | 10.6% | 11.9% | ||
| Q3 25 | — | 12.1% | ||
| Q2 25 | 10.3% | 13.1% | ||
| Q1 25 | 10.5% | 11.7% | ||
| Q4 24 | 10.6% | 13.0% | ||
| Q3 24 | 9.0% | 13.4% | ||
| Q2 24 | 9.6% | 12.6% |
营业利润率AMTMGLP
| Q1 26 | 4.3% | — | ||
| Q4 25 | 3.4% | 2.6% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | 2.9% | 2.9% | ||
| Q1 25 | 3.2% | 2.6% | ||
| Q4 24 | 3.9% | 2.8% | ||
| Q3 24 | 1.2% | 3.9% | ||
| Q2 24 | 4.2% | 3.7% |
净利率AMTMGLP
| Q1 26 | 1.4% | — | ||
| Q4 25 | 1.0% | 1.1% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | 0.3% | 1.2% | ||
| Q1 25 | 0.1% | 0.9% | ||
| Q4 24 | 0.4% | 1.2% | ||
| Q3 24 | 1.2% | 2.1% | ||
| Q2 24 | -1.2% | 2.0% |
每股收益（稀释后）AMTMGLP
| Q1 26 | $0.18 | — | ||
| Q4 25 | $0.16 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $0.04 | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $0.05 | — | ||
| Q3 24 | $0.31 | — | ||
| Q2 24 | $-0.29 | — |
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 | $247.0M | — |
| 总债务越低越好 | $3.9B | — |
| 股东权益账面价值 | $4.6B | — |
| 总资产 | $11.2B | $3.9B |
| 负债/权益比越低杠杆越低 | 0.86× | — |
8季度趋势，按日历期对齐
现金及短期投资AMTMGLP
| Q1 26 | $247.0M | — | ||
| Q4 25 | $437.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $738.0M | — | ||
| Q1 25 | $546.0M | — | ||
| Q4 24 | $522.0M | — | ||
| Q3 24 | $452.0M | — | ||
| Q2 24 | — | — |
总债务AMTMGLP
| Q1 26 | $3.9B | — | ||
| Q4 25 | $3.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | $4.7B | — | ||
| Q2 24 | — | — |
股东权益AMTMGLP
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.4B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $303.0M | — |
总资产AMTMGLP
| Q1 26 | $11.2B | — | ||
| Q4 25 | $11.5B | $3.9B | ||
| Q3 25 | — | $3.7B | ||
| Q2 25 | $11.8B | $3.8B | ||
| Q1 25 | $12.0B | $3.8B | ||
| Q4 24 | $11.9B | $3.8B | ||
| Q3 24 | $12.0B | $3.7B | ||
| Q2 24 | — | $3.8B |
负债/权益比AMTMGLP
| Q1 26 | 0.86× | — | ||
| Q4 25 | 0.88× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.01× | — | ||
| Q1 25 | 1.06× | — | ||
| Q4 24 | 1.05× | — | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | — | — |
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 | $-136.0M | $101.0M |
| 自由现金流经营现金流 - 资本支出 | $-142.0M | $62.2M |
| 自由现金流率自由现金流/营收 | -4.4% | 2.8% |
| 资本支出强度资本支出/营收 | 0.2% | 1.8% |
| 现金转化率经营现金流/净利润 | -3.09× | 4.03× |
| 过去12个月自由现金流最近4个季度 | $272.0M | $193.3M |
8季度趋势，按日历期对齐
经营现金流AMTMGLP
| Q1 26 | $-136.0M | — | ||
| Q4 25 | $270.0M | $101.0M | ||
| Q3 25 | — | $19.0M | ||
| Q2 25 | $106.0M | $216.3M | ||
| Q1 25 | $57.0M | $-51.6M | ||
| Q4 24 | $110.0M | $67.2M | ||
| Q3 24 | — | $122.7M | ||
| Q2 24 | — | $24.3M |
自由现金流AMTMGLP
| Q1 26 | $-142.0M | — | ||
| Q4 25 | $261.0M | $62.2M | ||
| Q3 25 | — | $-678.0K | ||
| Q2 25 | $100.0M | $201.3M | ||
| Q1 25 | $53.0M | $-69.5M | ||
| Q4 24 | $102.0M | $20.4M | ||
| Q3 24 | — | $98.4M | ||
| Q2 24 | — | $8.7M |
自由现金流率AMTMGLP
| Q1 26 | -4.4% | — | ||
| Q4 25 | 6.6% | 2.8% | ||
| Q3 25 | — | -0.0% | ||
| Q2 25 | 2.8% | 9.7% | ||
| Q1 25 | 1.5% | -3.2% | ||
| Q4 24 | 3.0% | 1.0% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 0.4% |
资本支出强度AMTMGLP
| Q1 26 | 0.2% | — | ||
| Q4 25 | 0.2% | 1.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | 0.2% | 0.7% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.2% | 2.3% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 0.7% |
现金转化率AMTMGLP
| Q1 26 | -3.09× | — | ||
| Q4 25 | 6.75× | 4.03× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | 10.60× | 8.58× | ||
| Q1 25 | 14.25× | -2.76× | ||
| Q4 24 | 9.17× | 2.82× | ||
| Q3 24 | — | 2.67× | ||
| Q2 24 | — | 0.53× |
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
AMTM
| Global Engineering Solutions Segment | $1.9B | 59% |
| Other U.S.Government Agencies | $400.0M | 12% |
| Fixed Price Contract | $380.0M | 12% |
| Commercial And International | $226.0M | 7% |
| Time And Materials Contract | $171.0M | 5% |
| Sales Channel Through Intermediary | $78.0M | 2% |
| Equity Method Investee | $50.0M | 2% |
GLP
| Gasoline | $1.0B | 46% |
| Refined Petroleum Products Renewable Fuels Crude Oil And Propane | $884.7M | 40% |
| Commercial Segment | $187.6M | 8% |
| Station Operations | $110.5M | 5% |
