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APA Corporation（APA）与GULF ISLAND FABRICATION INC（GIFI）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GULF ISLAND FABRICATION INC的42.8倍（$2.2B vs $51.5M）。APA Corporation净利率更高（15.0% vs 3.0%，领先12.0%）。GULF ISLAND FABRICATION INC同比增速更快（36.9% vs -24.3%）。过去两年GULF ISLAND FABRICATION INC的营收复合增速更高（7.6% 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。
海湾岛制造公司是一家面向能源领域的专业结构件与船舶美国制造商，在路易斯安那州和得克萨斯州共拥有七个建造厂区，碧臣是其合作伙伴，业务为能源行业定制各类配套特种结构件与海事船舶。
APA vs GIFI — 直观对比
营收规模更大
APA
是对方的42.8倍
$51.5M
营收增速更快
GIFI
高出61.3%
-24.3%
净利率更高
APA
高出12.0%
3.0%
两年增速更快
GIFI
近两年复合增速
1.4%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $51.5M |
| 净利润 | $331.0M | $1.6M |
| 毛利率 | — | 9.5% |
| 营业利润率 | 32.5% | 2.2% |
| 净利率 | 15.0% | 3.0% |
| 营收同比 | -24.3% | 36.9% |
| 净利润同比 | -22.1% | -32.7% |
| 每股收益（稀释后） | $0.79 | $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APAGIFI
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.3B | $51.5M | ||
| Q2 25 | $2.3B | $37.5M | ||
| Q1 25 | $2.7B | $40.3M | ||
| Q4 24 | $2.9B | $37.4M | ||
| Q3 24 | $2.7B | $37.6M | ||
| Q2 24 | $2.8B | $41.3M | ||
| Q1 24 | $2.1B | $42.9M |
净利润APAGIFI
| Q4 25 | $331.0M | — | ||
| Q3 25 | $205.0M | $1.6M | ||
| Q2 25 | $603.0M | $-574.0K | ||
| Q1 25 | $418.0M | $3.8M | ||
| Q4 24 | $425.0M | $4.3M | ||
| Q3 24 | $-223.0M | $2.3M | ||
| Q2 24 | $541.0M | $1.9M | ||
| Q1 24 | $212.0M | $6.2M |
毛利率APAGIFI
| Q4 25 | — | — | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 9.5% | ||
| Q1 25 | — | 16.4% | ||
| Q4 24 | — | 19.6% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 14.3% |
营业利润率APAGIFI
| Q4 25 | 32.5% | — | ||
| Q3 25 | 33.7% | 2.2% | ||
| Q2 25 | 31.8% | -2.9% | ||
| Q1 25 | 31.9% | 8.1% | ||
| Q4 24 | 31.4% | 9.7% | ||
| Q3 24 | -5.2% | 4.4% | ||
| Q2 24 | 34.4% | 3.1% | ||
| Q1 24 | 32.2% | 13.3% |
净利率APAGIFI
| Q4 25 | 15.0% | — | ||
| Q3 25 | 9.0% | 3.0% | ||
| Q2 25 | 26.0% | -1.5% | ||
| Q1 25 | 15.4% | 9.5% | ||
| Q4 24 | 14.6% | 11.5% | ||
| Q3 24 | -8.1% | 6.2% | ||
| Q2 24 | 19.0% | 4.6% | ||
| Q1 24 | 9.9% | 14.6% |
每股收益（稀释后）APAGIFI
| Q4 25 | $0.79 | — | ||
| Q3 25 | $0.57 | $0.10 | ||
| Q2 25 | $1.67 | $-0.04 | ||
| Q1 25 | $0.96 | $0.23 | ||
| Q4 24 | $0.97 | $0.26 | ||
| Q3 24 | $-0.60 | $0.14 | ||
| Q2 24 | $1.46 | $0.11 | ||
| Q1 24 | $0.44 | $0.37 |
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 | $23.2M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $6.1B | $94.3M |
| 总资产 | $17.8B | $146.7M |
| 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APAGIFI
| Q4 25 | $516.0M | — | ||
| Q3 25 | $475.0M | $23.2M | ||
| Q2 25 | $107.0M | $46.8M | ||
| Q1 25 | $67.0M | $28.6M | ||
| Q4 24 | $625.0M | $27.3M | ||
| Q3 24 | $64.0M | $21.3M | ||
| Q2 24 | $160.0M | $9.5M | ||
| Q1 24 | $102.0M | $32.5M |
总债务APAGIFI
| 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 | — | ||
| Q1 24 | $5.2B | — |
股东权益APAGIFI
| Q4 25 | $6.1B | — | ||
| Q3 25 | $6.0B | $94.3M | ||
| Q2 25 | $5.9B | $92.8M | ||
| Q1 25 | $5.4B | $96.7M | ||
| Q4 24 | $5.3B | $93.1M | ||
| Q3 24 | $5.1B | $88.8M | ||
| Q2 24 | $5.4B | $86.7M | ||
| Q1 24 | $2.6B | $85.4M |
总资产APAGIFI
| Q4 25 | $17.8B | — | ||
| Q3 25 | $17.7B | $146.7M | ||
| Q2 25 | $18.1B | $134.3M | ||
| Q1 25 | $18.5B | $138.2M | ||
| Q4 24 | $19.4B | $133.2M | ||
| Q3 24 | $19.4B | $130.8M | ||
| Q2 24 | $20.2B | $133.3M | ||
| Q1 24 | $15.0B | $127.8M |
负债/权益比APAGIFI
| 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× | — | ||
| Q1 24 | 1.99× | — |
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 | $2.9M |
| 自由现金流经营现金流 - 资本支出 | — | $2.7M |
| 自由现金流率自由现金流/营收 | — | 5.2% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 现金转化率经营现金流/净利润 | 2.44× | 1.83× |
| 过去12个月自由现金流最近4个季度 | — | $8.6M |
8季度趋势，按日历期对齐
经营现金流APAGIFI
| Q4 25 | $808.0M | — | ||
| Q3 25 | $1.5B | $2.9M | ||
| Q2 25 | $1.2B | $2.5M | ||
| Q1 25 | $1.1B | $2.2M | ||
| Q4 24 | $1.0B | $2.3M | ||
| Q3 24 | $1.3B | $5.6M | ||
| Q2 24 | $877.0M | $3.3M | ||
| Q1 24 | $368.0M | $7.0M |
自由现金流APAGIFI
| Q4 25 | — | — | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $2.2M | ||
| Q1 25 | — | $1.9M | ||
| Q4 24 | — | $1.8M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | $4.5M |
自由现金流率APAGIFI
| Q4 25 | — | — | ||
| Q3 25 | — | 5.2% | ||
| Q2 25 | — | 5.9% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 5.5% | ||
| Q1 24 | — | 10.4% |
资本支出强度APAGIFI
| Q4 25 | — | — | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | — | 3.5% | ||
| Q2 24 | — | 2.5% | ||
| Q1 24 | — | 6.0% |
现金转化率APAGIFI
| Q4 25 | 2.44× | — | ||
| Q3 25 | 7.12× | 1.83× | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 2.62× | 0.58× | ||
| Q4 24 | 2.44× | 0.54× | ||
| Q3 24 | — | 2.44× | ||
| Q2 24 | 1.62× | 1.74× | ||
| Q1 24 | 1.74× | 1.12× |
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% |
GIFI
| Fabrication Segment | $30.6M | 59% |
| Time And Materials And Cost Reimbursable | $19.8M | 38% |
| Other Basis Of Pricing | $1.0M | 2% |
