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APA Corporation（APA）与RXO, Inc.（RXO）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RXO, Inc.的1.5倍（$2.2B vs $1.5B），APA Corporation净利率更高（15.0% vs -3.1%，领先18.1%），RXO, Inc.同比增速更快（-11.9% vs -24.3%），过去两年RXO, Inc.的营收复合增速更高（26.8% 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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
APA vs RXO — 直观对比
营收规模更大
APA
是对方的1.5倍
$1.5B
营收增速更快
RXO
高出12.5%
-24.3%
净利率更高
APA
高出18.1%
-3.1%
两年增速更快
RXO
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.5B |
| 净利润 | $331.0M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 32.5% | -2.9% |
| 净利率 | 15.0% | -3.1% |
| 营收同比 | -24.3% | -11.9% |
| 净利润同比 | -22.1% | -84.0% |
| 每股收益（稀释后） | $0.79 | $-0.28 |
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APARXO
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.7B | $1.4B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | $2.7B | $1.0B | ||
| Q2 24 | $2.8B | $930.0M | ||
| Q1 24 | $2.1B | $913.0M |
净利润APARXO
| Q4 25 | $331.0M | $-46.0M | ||
| Q3 25 | $205.0M | $-14.0M | ||
| Q2 25 | $603.0M | $-9.0M | ||
| Q1 25 | $418.0M | $-31.0M | ||
| Q4 24 | $425.0M | $-25.0M | ||
| Q3 24 | $-223.0M | $-243.0M | ||
| Q2 24 | $541.0M | $-7.0M | ||
| Q1 24 | $212.0M | $-15.0M |
营业利润率APARXO
| Q4 25 | 32.5% | -2.9% | ||
| Q3 25 | 33.7% | -0.5% | ||
| Q2 25 | 31.8% | — | ||
| Q1 25 | 31.9% | -2.1% | ||
| Q4 24 | 31.4% | -1.4% | ||
| Q3 24 | -5.2% | -1.9% | ||
| Q2 24 | 34.4% | — | ||
| Q1 24 | 32.2% | -1.3% |
净利率APARXO
| Q4 25 | 15.0% | -3.1% | ||
| Q3 25 | 9.0% | -1.0% | ||
| Q2 25 | 26.0% | -0.6% | ||
| Q1 25 | 15.4% | -2.2% | ||
| Q4 24 | 14.6% | -1.5% | ||
| Q3 24 | -8.1% | -23.4% | ||
| Q2 24 | 19.0% | -0.8% | ||
| Q1 24 | 9.9% | -1.6% |
每股收益（稀释后）APARXO
| Q4 25 | $0.79 | $-0.28 | ||
| Q3 25 | $0.57 | $-0.08 | ||
| Q2 25 | $1.67 | $-0.05 | ||
| Q1 25 | $0.96 | $-0.18 | ||
| Q4 24 | $0.97 | $-0.17 | ||
| Q3 24 | $-0.60 | $-1.81 | ||
| Q2 24 | $1.46 | $-0.06 | ||
| Q1 24 | $0.44 | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $4.3B | $387.0M |
| 股东权益账面价值 | $6.1B | $1.5B |
| 总资产 | $17.8B | $3.3B |
| 负债/权益比越低杠杆越低 | 0.70× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资APARXO
| Q4 25 | $516.0M | $17.0M | ||
| Q3 25 | $475.0M | $25.0M | ||
| Q2 25 | $107.0M | $18.0M | ||
| Q1 25 | $67.0M | $16.0M | ||
| Q4 24 | $625.0M | $35.0M | ||
| Q3 24 | $64.0M | $55.0M | ||
| Q2 24 | $160.0M | $7.0M | ||
| Q1 24 | $102.0M | $7.0M |
总债务APARXO
| Q4 25 | $4.3B | $387.0M | ||
| Q3 25 | $4.3B | $387.0M | ||
| Q2 25 | $4.3B | $387.0M | ||
| Q1 25 | $5.2B | $387.0M | ||
| Q4 24 | $6.0B | $351.0M | ||
| Q3 24 | $6.4B | $352.0M | ||
| Q2 24 | $6.7B | $370.0M | ||
| Q1 24 | $5.2B | $351.0M |
股东权益APARXO
| Q4 25 | $6.1B | $1.5B | ||
| Q3 25 | $6.0B | $1.6B | ||
| Q2 25 | $5.9B | $1.6B | ||
| Q1 25 | $5.4B | $1.6B | ||
| Q4 24 | $5.3B | $1.6B | ||
| Q3 24 | $5.1B | $1.7B | ||
| Q2 24 | $5.4B | $579.0M | ||
| Q1 24 | $2.6B | $582.0M |
总资产APARXO
| Q4 25 | $17.8B | $3.3B | ||
| Q3 25 | $17.7B | $3.2B | ||
| Q2 25 | $18.1B | $3.2B | ||
| Q1 25 | $18.5B | $3.3B | ||
| Q4 24 | $19.4B | $3.4B | ||
| Q3 24 | $19.4B | $3.4B | ||
| Q2 24 | $20.2B | $1.8B | ||
| Q1 24 | $15.0B | $1.8B |
负债/权益比APARXO
| Q4 25 | 0.70× | 0.25× | ||
| Q3 25 | 0.72× | 0.24× | ||
| Q2 25 | 0.73× | 0.24× | ||
| Q1 25 | 0.96× | 0.24× | ||
| Q4 24 | 1.13× | 0.22× | ||
| Q3 24 | 1.25× | 0.21× | ||
| Q2 24 | 1.24× | 0.64× | ||
| 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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-9.0M |
| 自由现金流率自由现金流/营收 | — | -0.6% |
| 资本支出强度资本支出/营收 | — | 1.1% |
| 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 | — | $-8.0M |
8季度趋势，按日历期对齐
经营现金流APARXO
| Q4 25 | $808.0M | $7.0M | ||
| Q3 25 | $1.5B | $23.0M | ||
| Q2 25 | $1.2B | $23.0M | ||
| Q1 25 | $1.1B | $-2.0M | ||
| Q4 24 | $1.0B | $-7.0M | ||
| Q3 24 | $1.3B | $-7.0M | ||
| Q2 24 | $877.0M | $-5.0M | ||
| Q1 24 | $368.0M | $7.0M |
自由现金流APARXO
| Q4 25 | — | $-9.0M | ||
| Q3 25 | — | $9.0M | ||
| Q2 25 | — | $9.0M | ||
| Q1 25 | — | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | — | $-16.0M | ||
| Q1 24 | — | $-4.0M |
自由现金流率APARXO
| Q4 25 | — | -0.6% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | — | -0.4% |
资本支出强度APARXO
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.2% |
现金转化率APARXO
| Q4 25 | 2.44× | — | ||
| Q3 25 | 7.12× | — | ||
| Q2 25 | 1.96× | — | ||
| Q1 25 | 2.62× | — | ||
| Q4 24 | 2.44× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 1.74× | — |
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
