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APA Corporation（APA）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
APA Corporation的季度营收约是美泰的2.6倍（$2.2B vs $862.2M），APA Corporation净利率更高（15.0% vs 7.1%，领先7.9%），美泰同比增速更快（4.3% vs -24.3%），过去两年APA Corporation的营收复合增速更高（1.4% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
APA vs MAT — 直观对比
营收规模更大
APA
是对方的2.6倍
$862.2M
营收增速更快
MAT
高出28.6%
-24.3%
净利率更高
APA
高出7.9%
7.1%
两年增速更快
APA
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $862.2M |
| 净利润 | $331.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 32.5% | — |
| 净利率 | 15.0% | 7.1% |
| 营收同比 | -24.3% | 4.3% |
| 净利润同比 | -22.1% | 251.4% |
| 每股收益（稀释后） | $0.79 | $0.20 |
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APAMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $2.2B | $1.8B | ||
| Q3 25 | $2.3B | $1.7B | ||
| Q2 25 | $2.3B | $1.0B | ||
| Q1 25 | $2.7B | $826.6M | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $2.7B | $1.8B | ||
| Q2 24 | $2.8B | $1.1B |
净利润APAMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $331.0M | $106.2M | ||
| Q3 25 | $205.0M | $278.4M | ||
| Q2 25 | $603.0M | $53.4M | ||
| Q1 25 | $418.0M | $-40.3M | ||
| Q4 24 | $425.0M | $140.9M | ||
| Q3 24 | $-223.0M | $372.4M | ||
| Q2 24 | $541.0M | $56.9M |
毛利率APAMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率APAMAT
| Q1 26 | — | — | ||
| Q4 25 | 32.5% | 8.0% | ||
| Q3 25 | 33.7% | 21.9% | ||
| Q2 25 | 31.8% | 7.7% | ||
| Q1 25 | 31.9% | -6.4% | ||
| Q4 24 | 31.4% | 9.6% | ||
| Q3 24 | -5.2% | 26.5% | ||
| Q2 24 | 34.4% | 7.7% |
净利率APAMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 15.0% | 6.0% | ||
| Q3 25 | 9.0% | 16.0% | ||
| Q2 25 | 26.0% | 5.2% | ||
| Q1 25 | 15.4% | -4.9% | ||
| Q4 24 | 14.6% | 8.6% | ||
| Q3 24 | -8.1% | 20.2% | ||
| Q2 24 | 19.0% | 5.3% |
每股收益（稀释后）APAMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.79 | $0.32 | ||
| Q3 25 | $0.57 | $0.88 | ||
| Q2 25 | $1.67 | $0.16 | ||
| Q1 25 | $0.96 | $-0.12 | ||
| Q4 24 | $0.97 | $0.40 | ||
| Q3 24 | $-0.60 | $1.09 | ||
| Q2 24 | $1.46 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | $4.3B | $2.3B |
| 股东权益账面价值 | $6.1B | $2.1B |
| 总资产 | $17.8B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.70× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资APAMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $516.0M | $1.2B | ||
| Q3 25 | $475.0M | $691.9M | ||
| Q2 25 | $107.0M | $870.5M | ||
| Q1 25 | $67.0M | $1.2B | ||
| Q4 24 | $625.0M | $1.4B | ||
| Q3 24 | $64.0M | $723.5M | ||
| Q2 24 | $160.0M | $722.4M |
总债务APAMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $4.3B | $2.3B | ||
| Q3 25 | $4.3B | $2.3B | ||
| Q2 25 | $4.3B | $2.3B | ||
| Q1 25 | $5.2B | $2.3B | ||
| Q4 24 | $6.0B | $2.3B | ||
| Q3 24 | $6.4B | $2.3B | ||
| Q2 24 | $6.7B | $2.3B |
股东权益APAMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $6.1B | $2.2B | ||
| Q3 25 | $6.0B | $2.3B | ||
| Q2 25 | $5.9B | $2.2B | ||
| Q1 25 | $5.4B | $2.1B | ||
| Q4 24 | $5.3B | $2.3B | ||
| Q3 24 | $5.1B | $2.3B | ||
| Q2 24 | $5.4B | $2.0B |
总资产APAMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $17.8B | $6.6B | ||
| Q3 25 | $17.7B | $6.6B | ||
| Q2 25 | $18.1B | $6.2B | ||
| Q1 25 | $18.5B | $6.2B | ||
| Q4 24 | $19.4B | $6.5B | ||
| Q3 24 | $19.4B | $6.5B | ||
| Q2 24 | $20.2B | $5.9B |
负债/权益比APAMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.70× | 1.04× | ||
| Q3 25 | 0.72× | 1.03× | ||
| Q2 25 | 0.73× | 1.08× | ||
| Q1 25 | 0.96× | 1.10× | ||
| Q4 24 | 1.13× | 1.03× | ||
| Q3 24 | 1.25× | 1.01× | ||
| Q2 24 | 1.24× | 1.18× |
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 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 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APAMAT
| Q1 26 | — | — | ||
| Q4 25 | $808.0M | $796.6M | ||
| Q3 25 | $1.5B | $72.0M | ||
| Q2 25 | $1.2B | $-300.1M | ||
| Q1 25 | $1.1B | $24.8M | ||
| Q4 24 | $1.0B | $862.1M | ||
| Q3 24 | $1.3B | $155.8M | ||
| Q2 24 | $877.0M | $-252.9M |
自由现金流APAMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率APAMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度APAMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率APAMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.44× | 7.50× | ||
| Q3 25 | 7.12× | 0.26× | ||
| Q2 25 | 1.96× | -5.62× | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.44× | 6.12× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | 1.62× | -4.45× |
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% |
MAT
暂无分部数据
