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APA Corporation（APA）与CARLISLE COMPANIES INC（CSL）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CARLISLE COMPANIES INC的2.2倍（$2.3B vs $1.1B），APA Corporation净利率更高（19.2% vs 12.1%，领先7.0%），CARLISLE COMPANIES INC同比增速更快（-4.0% vs -11.7%），APA Corporation自由现金流更多（$477.0M vs $-73.0M），过去两年APA Corporation的营收复合增速更高（-9.5% vs -14.8%）
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。
卡莱尔公司是专业建筑产品供应商，聚焦于提升建筑能效与稳固性，面向商业建筑领域生产销售单层屋面产品、质保系统及配套配件，旗下设有卡莱尔建筑材料、卡莱尔防水技术两大业务板块，产品涵盖防潮材料、屋面防护层等多个品类。
APA vs CSL — 直观对比
营收规模更大
APA
是对方的2.2倍
$1.1B
营收增速更快
CSL
高出7.7%
-11.7%
净利率更高
APA
高出7.0%
12.1%
自由现金流更多
APA
多$550.0M
$-73.0M
两年增速更快
APA
近两年复合增速
-14.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.3B | $1.1B |
| 净利润 | $446.0M | $127.7M |
| 毛利率 | — | 34.5% |
| 营业利润率 | — | 17.1% |
| 净利率 | 19.2% | 12.1% |
| 营收同比 | -11.7% | -4.0% |
| 净利润同比 | — | -10.9% |
| 每股收益（稀释后） | $1.26 | $3.10 |
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APACSL
| Q1 26 | $2.3B | $1.1B | ||
| Q4 25 | $2.2B | $1.1B | ||
| Q3 25 | $2.3B | $1.3B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.7B | $1.1B | ||
| Q4 24 | $2.9B | $1.1B | ||
| Q3 24 | $2.7B | $1.3B | ||
| Q2 24 | $2.8B | $1.5B |
净利润APACSL
| Q1 26 | $446.0M | $127.7M | ||
| Q4 25 | $331.0M | $127.4M | ||
| Q3 25 | $205.0M | $214.2M | ||
| Q2 25 | $603.0M | $255.8M | ||
| Q1 25 | $418.0M | $143.3M | ||
| Q4 24 | $425.0M | $162.8M | ||
| Q3 24 | $-223.0M | $244.3M | ||
| Q2 24 | $541.0M | $712.4M |
毛利率APACSL
| Q1 26 | — | 34.5% | ||
| Q4 25 | — | 33.8% | ||
| Q3 25 | — | 36.0% | ||
| Q2 25 | — | 37.3% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 36.1% | ||
| Q3 24 | — | 38.6% | ||
| Q2 24 | — | 39.2% |
营业利润率APACSL
| Q1 26 | — | 17.1% | ||
| Q4 25 | 32.5% | 16.8% | ||
| Q3 25 | 33.7% | 21.8% | ||
| Q2 25 | 31.8% | 23.1% | ||
| Q1 25 | 31.9% | 16.8% | ||
| Q4 24 | 31.4% | 19.9% | ||
| Q3 24 | -5.2% | 23.7% | ||
| Q2 24 | 34.4% | 26.0% |
净利率APACSL
| Q1 26 | 19.2% | 12.1% | ||
| Q4 25 | 15.0% | 11.3% | ||
| Q3 25 | 9.0% | 15.9% | ||
| Q2 25 | 26.0% | 17.6% | ||
| Q1 25 | 15.4% | 13.1% | ||
| Q4 24 | 14.6% | 14.5% | ||
| Q3 24 | -8.1% | 18.3% | ||
| Q2 24 | 19.0% | 49.1% |
每股收益（稀释后）APACSL
| Q1 26 | $1.26 | $3.10 | ||
| Q4 25 | $0.79 | $3.06 | ||
| Q3 25 | $0.57 | $4.98 | ||
| Q2 25 | $1.67 | $5.88 | ||
| Q1 25 | $0.96 | $3.20 | ||
| Q4 24 | $0.97 | $3.76 | ||
| Q3 24 | $-0.60 | $5.25 | ||
| Q2 24 | $1.46 | $14.84 |
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 | $293.0K | $771.3M |
| 总债务越低越好 | $4.3M | — |
| 股东权益账面价值 | — | $1.7B |
| 总资产 | $18.1M | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APACSL
| Q1 26 | $293.0K | $771.3M | ||
| Q4 25 | $516.0M | $1.1B | ||
| Q3 25 | $475.0M | $1.1B | ||
| Q2 25 | $107.0M | $68.4M | ||
| Q1 25 | $67.0M | $220.2M | ||
| Q4 24 | $625.0M | $753.5M | ||
| Q3 24 | $64.0M | $1.5B | ||
| Q2 24 | $160.0M | $1.7B |
总债务APACSL
| Q1 26 | $4.3M | — | ||
| Q4 25 | $4.3B | $2.9B | ||
| Q3 25 | $4.3B | $2.9B | ||
| Q2 25 | $4.3B | $1.9B | ||
| Q1 25 | $5.2B | $1.9B | ||
| Q4 24 | $6.0B | $1.9B | ||
| Q3 24 | $6.4B | $2.3B | ||
| Q2 24 | $6.7B | $2.3B |
股东权益APACSL
| Q1 26 | — | $1.7B | ||
| Q4 25 | $6.1B | $1.8B | ||
| Q3 25 | $6.0B | $2.0B | ||
| Q2 25 | $5.9B | $2.1B | ||
| Q1 25 | $5.4B | $2.2B | ||
| Q4 24 | $5.3B | $2.5B | ||
| Q3 24 | $5.1B | $2.8B | ||
| Q2 24 | $5.4B | $3.0B |
总资产APACSL
| Q1 26 | $18.1M | — | ||
| Q4 25 | $17.8B | $6.3B | ||
| Q3 25 | $17.7B | $6.5B | ||
| Q2 25 | $18.1B | $5.5B | ||
| Q1 25 | $18.5B | $5.5B | ||
| Q4 24 | $19.4B | $5.8B | ||
| Q3 24 | $19.4B | $6.5B | ||
| Q2 24 | $20.2B | $6.7B |
负债/权益比APACSL
| Q1 26 | — | — | ||
| Q4 25 | 0.70× | 1.61× | ||
| Q3 25 | 0.72× | 1.45× | ||
| Q2 25 | 0.73× | 0.89× | ||
| Q1 25 | 0.96× | 0.87× | ||
| Q4 24 | 1.13× | 0.77× | ||
| Q3 24 | 1.25× | 0.83× | ||
| Q2 24 | 1.24× | 0.76× |
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 | $554.0M | — |
| 自由现金流经营现金流 - 资本支出 | $477.0M | $-73.0M |
| 自由现金流率自由现金流/营收 | 20.5% | -6.9% |
| 资本支出强度资本支出/营收 | — | 2.7% |
| 现金转化率经营现金流/净利润 | 1.24× | — |
| 过去12个月自由现金流最近4个季度 | — | $924.8M |
8季度趋势，按日历期对齐
经营现金流APACSL
| Q1 26 | $554.0M | — | ||
| Q4 25 | $808.0M | $386.0M | ||
| Q3 25 | $1.5B | $426.9M | ||
| Q2 25 | $1.2B | $287.1M | ||
| Q1 25 | $1.1B | $1.8M | ||
| Q4 24 | $1.0B | $370.6M | ||
| Q3 24 | $1.3B | $312.8M | ||
| Q2 24 | $877.0M | $183.4M |
自由现金流APACSL
| Q1 26 | $477.0M | $-73.0M | ||
| Q4 25 | — | $346.1M | ||
| Q3 25 | — | $393.4M | ||
| Q2 25 | — | $258.3M | ||
| Q1 25 | — | $-27.2M | ||
| Q4 24 | — | $334.0M | ||
| Q3 24 | — | $293.5M | ||
| Q2 24 | — | $158.5M |
自由现金流率APACSL
| Q1 26 | 20.5% | -6.9% | ||
| Q4 25 | — | 30.7% | ||
| Q3 25 | — | 29.2% | ||
| Q2 25 | — | 17.8% | ||
| Q1 25 | — | -2.5% | ||
| Q4 24 | — | 29.7% | ||
| Q3 24 | — | 22.0% | ||
| Q2 24 | — | 10.9% |
资本支出强度APACSL
| Q1 26 | — | 2.7% | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | — | 2.0% | ||
| Q1 25 | — | 2.6% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 1.7% |
现金转化率APACSL
| Q1 26 | 1.24× | — | ||
| Q4 25 | 2.44× | 3.03× | ||
| Q3 25 | 7.12× | 1.99× | ||
| Q2 25 | 1.96× | 1.12× | ||
| Q1 25 | 2.62× | 0.01× | ||
| Q4 24 | 2.44× | 2.28× | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | 1.62× | 0.26× |
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 revenues | $1.6B | 71% |
| Purchased oil and gas sales | $385.0M | 17% |
| Natural gas revenues | $157.0M | 7% |
| Natural gas liquids revenues | $141.0M | 6% |
CSL
| CCM | $758.0M | 72% |
| CWT | $294.0M | 28% |
