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APA Corporation（APA）与芝商所（CME）财务数据对比。点击上方公司名可切换其他公司
APA Corporation的季度营收约是芝商所的1.2倍（$2.2B vs $1.9B），APA Corporation净利率更高（15.0% vs 0.1%，领先14.9%），芝商所同比增速更快（14.5% vs -24.3%），过去两年芝商所的营收复合增速更高（10.8% vs 1.4%）
APA Corporation是美国能源企业阿帕奇公司的控股主体，主要从事碳氢化合物资源勘探相关业务，在特拉华州注册成立，总部位于得克萨斯州休斯敦，是北美地区拥有丰富项目经验的能源勘探运营企业。
芝商所是总部位于美国伊利诺伊州芝加哥的金融服务企业，为全球规模最大的金融衍生品交易所运营商，旗下拥有芝加哥商品交易所、芝加哥期货交易所、纽约商业交易所、纽约商品交易所等交易平台，覆盖农产品、货币、能源等品类交易，同时持有标普道琼斯指数27%的股权。
APA vs CME — 直观对比
营收规模更大
APA
是对方的1.2倍
$1.9B
营收增速更快
CME
高出38.8%
-24.3%
净利率更高
APA
高出14.9%
0.1%
两年增速更快
CME
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.9B |
| 净利润 | $331.0M | $1.2M |
| 毛利率 | — | — |
| 营业利润率 | 32.5% | 0.1% |
| 净利率 | 15.0% | 0.1% |
| 营收同比 | -24.3% | 14.5% |
| 净利润同比 | -22.1% | 20.7% |
| 每股收益（稀释后） | $0.79 | — |
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APACME
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.3B | $1.5B | ||
| Q2 25 | $2.3B | $1.7B | ||
| Q1 25 | $2.7B | $1.6B | ||
| Q4 24 | $2.9B | $1.5B | ||
| Q3 24 | $2.7B | $1.6B | ||
| Q2 24 | $2.8B | $1.5B |
净利润APACME
| Q1 26 | — | $1.2M | ||
| Q4 25 | $331.0M | $1.2B | ||
| Q3 25 | $205.0M | $908.0M | ||
| Q2 25 | $603.0M | $1.0B | ||
| Q1 25 | $418.0M | $956.2M | ||
| Q4 24 | $425.0M | $874.6M | ||
| Q3 24 | $-223.0M | $912.8M | ||
| Q2 24 | $541.0M | $883.2M |
营业利润率APACME
| Q1 26 | — | 0.1% | ||
| Q4 25 | 32.5% | 61.8% | ||
| Q3 25 | 33.7% | 63.3% | ||
| Q2 25 | 31.8% | 66.7% | ||
| Q1 25 | 31.9% | 67.5% | ||
| Q4 24 | 31.4% | 62.1% | ||
| Q3 24 | -5.2% | 64.6% | ||
| Q2 24 | 34.4% | 65.3% |
净利率APACME
| Q1 26 | — | 0.1% | ||
| Q4 25 | 15.0% | 71.7% | ||
| Q3 25 | 9.0% | 59.1% | ||
| Q2 25 | 26.0% | 60.6% | ||
| Q1 25 | 15.4% | 58.2% | ||
| Q4 24 | 14.6% | 57.3% | ||
| Q3 24 | -8.1% | 57.6% | ||
| Q2 24 | 19.0% | 57.6% |
每股收益（稀释后）APACME
| Q1 26 | — | — | ||
| Q4 25 | $0.79 | $3.24 | ||
| Q3 25 | $0.57 | $2.49 | ||
| Q2 25 | $1.67 | $2.81 | ||
| Q1 25 | $0.96 | $2.62 | ||
| Q4 24 | $0.97 | $2.40 | ||
| Q3 24 | $-0.60 | $2.50 | ||
| Q2 24 | $1.46 | $2.42 |
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 | $516.0M | $2.4B |
| 总债务越低越好 | $4.3B | $3.4B |
| 股东权益账面价值 | $6.1B | — |
| 总资产 | $17.8B | $202.0B |
| 负债/权益比越低杠杆越低 | 0.70× | — |
8季度趋势，按日历期对齐
现金及短期投资APACME
| Q1 26 | — | $2.4B | ||
| Q4 25 | $516.0M | $4.5B | ||
| Q3 25 | $475.0M | $2.6B | ||
| Q2 25 | $107.0M | $2.1B | ||
| Q1 25 | $67.0M | $1.5B | ||
| Q4 24 | $625.0M | $3.0B | ||
| Q3 24 | $64.0M | $2.4B | ||
| Q2 24 | $160.0M | $1.9B |
总债务APACME
| Q1 26 | — | $3.4B | ||
| Q4 25 | $4.3B | — | ||
| Q3 25 | $4.3B | — | ||
| Q2 25 | $4.3B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $6.0B | — | ||
| Q3 24 | $6.4B | — | ||
| Q2 24 | $6.7B | — |
股东权益APACME
| Q1 26 | — | — | ||
| Q4 25 | $6.1B | $28.7B | ||
| Q3 25 | $6.0B | $28.2B | ||
| Q2 25 | $5.9B | $27.7B | ||
| Q1 25 | $5.4B | $27.0B | ||
| Q4 24 | $5.3B | $26.5B | ||
| Q3 24 | $5.1B | $28.2B | ||
| Q2 24 | $5.4B | $27.6B |
总资产APACME
| Q1 26 | — | $202.0B | ||
| Q4 25 | $17.8B | $198.4B | ||
| Q3 25 | $17.7B | $187.1B | ||
| Q2 25 | $18.1B | $179.9B | ||
| Q1 25 | $18.5B | $157.8B | ||
| Q4 24 | $19.4B | $137.4B | ||
| Q3 24 | $19.4B | $137.8B | ||
| Q2 24 | $20.2B | $123.4B |
负债/权益比APACME
| Q1 26 | — | — | ||
| Q4 25 | 0.70× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.73× | — | ||
| Q1 25 | 0.96× | — | ||
| Q4 24 | 1.13× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.24× | — |
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 | $808.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.44× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APACME
| Q1 26 | — | — | ||
| Q4 25 | $808.0M | $1.1B | ||
| Q3 25 | $1.5B | $968.1M | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $877.0M | $776.9M |
自由现金流APACME
| Q1 26 | — | — | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $949.7M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $991.7M | ||
| Q3 24 | — | $973.2M | ||
| Q2 24 | — | $758.7M |
自由现金流率APACME
| Q1 26 | — | — | ||
| Q4 25 | — | 66.8% | ||
| Q3 25 | — | 61.8% | ||
| Q2 25 | — | 61.5% | ||
| Q1 25 | — | 67.1% | ||
| Q4 24 | — | 65.0% | ||
| Q3 24 | — | 61.4% | ||
| Q2 24 | — | 49.5% |
资本支出强度APACME
| Q1 26 | — | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.2% |
现金转化率APACME
| Q1 26 | — | — | ||
| Q4 25 | 2.44× | 0.96× | ||
| Q3 25 | 7.12× | 1.07× | ||
| Q2 25 | 1.96× | 1.03× | ||
| Q1 25 | 2.62× | 1.17× | ||
| Q4 24 | 2.44× | 1.16× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | 1.62× | 0.88× |
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
APA
| Oil And Gas Excluding Purchased | $1.7B | 76% |
| Oil And Gas Purchased | $323.0M | 15% |
| Oil Reserves | $114.0M | 5% |
| Other | $72.0M | 3% |
| Natural Gas Reserves | $30.0M | 1% |
CME
暂无分部数据
