vs
APA Corporation（APA）与Ovintiv Inc.（OVV）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Ovintiv Inc.的1.1倍（$2.2B vs $2.1B），Ovintiv Inc.净利率更高（46.1% vs 15.0%，领先31.1%），Ovintiv Inc.同比增速更快（-6.0% vs -24.3%），过去两年APA Corporation的营收复合增速更高（1.4% vs -7.2%）
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。
Ovintiv Inc.是一家总部位于美国丹佛的石油企业，前身为加拿大能源公司Encana，于2020年通过重组正式成立，主营石油、天然气的勘探、开发与生产业务，在北美能源领域拥有丰富的运营经验及市场积累。
APA vs OVV — 直观对比
营收规模更大
APA
是对方的1.1倍
$2.1B
营收增速更快
OVV
高出18.3%
-24.3%
净利率更高
OVV
高出31.1%
15.0%
两年增速更快
APA
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.1B |
| 净利润 | $331.0M | $946.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.5% | 21.2% |
| 净利率 | 15.0% | 46.1% |
| 营收同比 | -24.3% | -6.0% |
| 净利润同比 | -22.1% | 1676.7% |
| 每股收益（稀释后） | $0.79 | $3.64 |
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APAOVV
| Q4 25 | $2.2B | $2.1B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.7B | $2.4B | ||
| Q4 24 | $2.9B | $2.2B | ||
| Q3 24 | $2.7B | $2.2B | ||
| Q2 24 | $2.8B | $2.2B | ||
| Q1 24 | $2.1B | $2.4B |
净利润APAOVV
| Q4 25 | $331.0M | $946.0M | ||
| Q3 25 | $205.0M | $148.0M | ||
| Q2 25 | $603.0M | $307.0M | ||
| Q1 25 | $418.0M | $-159.0M | ||
| Q4 24 | $425.0M | $-60.0M | ||
| Q3 24 | $-223.0M | $507.0M | ||
| Q2 24 | $541.0M | $340.0M | ||
| Q1 24 | $212.0M | $338.0M |
营业利润率APAOVV
| Q4 25 | 32.5% | 21.2% | ||
| Q3 25 | 33.7% | 13.5% | ||
| Q2 25 | 31.8% | 23.1% | ||
| Q1 25 | 31.9% | -3.7% | ||
| Q4 24 | 31.4% | 0.1% | ||
| Q3 24 | -5.2% | 24.2% | ||
| Q2 24 | 34.4% | 25.4% | ||
| Q1 24 | 32.2% | 20.7% |
净利率APAOVV
| Q4 25 | 15.0% | 46.1% | ||
| Q3 25 | 9.0% | 7.3% | ||
| Q2 25 | 26.0% | 13.9% | ||
| Q1 25 | 15.4% | -6.7% | ||
| Q4 24 | 14.6% | -2.7% | ||
| Q3 24 | -8.1% | 23.3% | ||
| Q2 24 | 19.0% | 15.5% | ||
| Q1 24 | 9.9% | 14.2% |
每股收益（稀释后）APAOVV
| Q4 25 | $0.79 | $3.64 | ||
| Q3 25 | $0.57 | $0.57 | ||
| Q2 25 | $1.67 | $1.18 | ||
| Q1 25 | $0.96 | $-0.61 | ||
| Q4 24 | $0.97 | $-0.22 | ||
| Q3 24 | $-0.60 | $1.92 | ||
| Q2 24 | $1.46 | $1.27 | ||
| Q1 24 | $0.44 | $1.24 |
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 | $280.0M |
| 总债务越低越好 | $4.3B | $5.2B |
| 股东权益账面价值 | $6.1B | $11.2B |
| 总资产 | $17.8B | $20.4B |
| 负债/权益比越低杠杆越低 | 0.70× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资APAOVV
| Q4 25 | $516.0M | $280.0M | ||
| Q3 25 | $475.0M | $25.0M | ||
| Q2 25 | $107.0M | $20.0M | ||
| Q1 25 | $67.0M | $8.0M | ||
| Q4 24 | $625.0M | $42.0M | ||
| Q3 24 | $64.0M | $9.0M | ||
| Q2 24 | $160.0M | $8.0M | ||
| Q1 24 | $102.0M | $5.0M |
总债务APAOVV
| Q4 25 | $4.3B | $5.2B | ||
| Q3 25 | $4.3B | $5.2B | ||
| Q2 25 | $4.3B | $5.3B | ||
| Q1 25 | $5.2B | $5.5B | ||
| Q4 24 | $6.0B | $5.5B | ||
| Q3 24 | $6.4B | $5.9B | ||
| Q2 24 | $6.7B | $6.1B | ||
| Q1 24 | $5.2B | $6.2B |
股东权益APAOVV
| Q4 25 | $6.1B | $11.2B | ||
| Q3 25 | $6.0B | $10.2B | ||
| Q2 25 | $5.9B | $10.4B | ||
| Q1 25 | $5.4B | $10.1B | ||
| Q4 24 | $5.3B | $10.3B | ||
| Q3 24 | $5.1B | $10.7B | ||
| Q2 24 | $5.4B | $10.3B | ||
| Q1 24 | $2.6B | $10.3B |
总资产APAOVV
| Q4 25 | $17.8B | $20.4B | ||
| Q3 25 | $17.7B | $19.4B | ||
| Q2 25 | $18.1B | $19.7B | ||
| Q1 25 | $18.5B | $19.6B | ||
| Q4 24 | $19.4B | $19.3B | ||
| Q3 24 | $19.4B | $19.9B | ||
| Q2 24 | $20.2B | $19.8B | ||
| Q1 24 | $15.0B | $19.8B |
负债/权益比APAOVV
| Q4 25 | 0.70× | 0.46× | ||
| Q3 25 | 0.72× | 0.51× | ||
| Q2 25 | 0.73× | 0.51× | ||
| Q1 25 | 0.96× | 0.55× | ||
| Q4 24 | 1.13× | 0.53× | ||
| Q3 24 | 1.25× | 0.55× | ||
| Q2 24 | 1.24× | 0.59× | ||
| Q1 24 | 1.99× | 0.60× |
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 | $954.0M |
| 自由现金流经营现金流 - 资本支出 | — | $489.0M |
| 自由现金流率自由现金流/营收 | — | 23.8% |
| 资本支出强度资本支出/营收 | — | 22.6% |
| 现金转化率经营现金流/净利润 | 2.44× | 1.01× |
| 过去12个月自由现金流最近4个季度 | — | $1.5B |
8季度趋势，按日历期对齐
经营现金流APAOVV
| Q4 25 | $808.0M | $954.0M | ||
| Q3 25 | $1.5B | $812.0M | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.1B | $873.0M | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.3B | $1.0B | ||
| Q2 24 | $877.0M | $1.0B | ||
| Q1 24 | $368.0M | $659.0M |
自由现金流APAOVV
| Q4 25 | — | $489.0M | ||
| Q3 25 | — | $268.0M | ||
| Q2 25 | — | $492.0M | ||
| Q1 25 | — | $256.0M | ||
| Q4 24 | — | $468.0M | ||
| Q3 24 | — | $484.0M | ||
| Q2 24 | — | $398.0M | ||
| Q1 24 | — | $68.0M |
自由现金流率APAOVV
| Q4 25 | — | 23.8% | ||
| Q3 25 | — | 13.3% | ||
| Q2 25 | — | 22.2% | ||
| Q1 25 | — | 10.8% | ||
| Q4 24 | — | 21.4% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 18.1% | ||
| Q1 24 | — | 2.8% |
资本支出强度APAOVV
| Q4 25 | — | 22.6% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 23.5% | ||
| Q1 25 | — | 26.0% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.8% |
现金转化率APAOVV
| Q4 25 | 2.44× | 1.01× | ||
| Q3 25 | 7.12× | 5.49× | ||
| Q2 25 | 1.96× | 3.30× | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.44× | — | ||
| Q3 24 | — | 2.02× | ||
| Q2 24 | 1.62× | 3.00× | ||
| Q1 24 | 1.74× | 1.95× |
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% |
OVV
| Product And Service Revenue | $1.7B | 84% |
| Sales Of Purchased Product | $338.0M | 16% |
