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APA Corporation（APA）与Snowflake Inc.（SNOW）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Snowflake Inc.的1.8倍（$2.2B vs $1.2B），APA Corporation净利率更高（15.0% vs -24.2%，领先39.2%），Snowflake Inc.同比增速更快（28.7% vs -24.3%），过去两年Snowflake Inc.的营收复合增速更高（25.1% 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。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
APA vs SNOW — 直观对比
营收规模更大
APA
是对方的1.8倍
$1.2B
营收增速更快
SNOW
高出53.1%
-24.3%
净利率更高
APA
高出39.2%
-24.2%
两年增速更快
SNOW
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.2B |
| 净利润 | $331.0M | $-294.0M |
| 毛利率 | — | 67.8% |
| 营业利润率 | 32.5% | -27.2% |
| 净利率 | 15.0% | -24.2% |
| 营收同比 | -24.3% | 28.7% |
| 净利润同比 | -22.1% | 9.4% |
| 每股收益（稀释后） | $0.79 | $-0.87 |
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APASNOW
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.3B | $1.0B | ||
| Q1 25 | $2.7B | $986.8M | ||
| Q4 24 | $2.9B | $942.1M | ||
| Q3 24 | $2.7B | $868.8M | ||
| Q2 24 | $2.8B | $828.7M | ||
| Q1 24 | $2.1B | $774.7M |
净利润APASNOW
| Q4 25 | $331.0M | $-294.0M | ||
| Q3 25 | $205.0M | $-298.0M | ||
| Q2 25 | $603.0M | $-430.1M | ||
| Q1 25 | $418.0M | $-327.5M | ||
| Q4 24 | $425.0M | $-324.3M | ||
| Q3 24 | $-223.0M | $-316.9M | ||
| Q2 24 | $541.0M | $-317.0M | ||
| Q1 24 | $212.0M | $-169.4M |
毛利率APASNOW
| Q4 25 | — | 67.8% | ||
| Q3 25 | — | 67.5% | ||
| Q2 25 | — | 66.5% | ||
| Q1 25 | — | 66.2% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 66.8% | ||
| Q2 24 | — | 67.1% | ||
| Q1 24 | — | 68.8% |
营业利润率APASNOW
| Q4 25 | 32.5% | -27.2% | ||
| Q3 25 | 33.7% | -29.7% | ||
| Q2 25 | 31.8% | -42.9% | ||
| Q1 25 | 31.9% | -39.2% | ||
| Q4 24 | 31.4% | -38.8% | ||
| Q3 24 | -5.2% | -40.9% | ||
| Q2 24 | 34.4% | -42.1% | ||
| Q1 24 | 32.2% | -35.6% |
净利率APASNOW
| Q4 25 | 15.0% | -24.2% | ||
| Q3 25 | 9.0% | -26.0% | ||
| Q2 25 | 26.0% | -41.3% | ||
| Q1 25 | 15.4% | -33.2% | ||
| Q4 24 | 14.6% | -34.4% | ||
| Q3 24 | -8.1% | -36.5% | ||
| Q2 24 | 19.0% | -38.3% | ||
| Q1 24 | 9.9% | -21.9% |
每股收益（稀释后）APASNOW
| Q4 25 | $0.79 | $-0.87 | ||
| Q3 25 | $0.57 | $-0.89 | ||
| Q2 25 | $1.67 | $-1.29 | ||
| Q1 25 | $0.96 | $-0.98 | ||
| Q4 24 | $0.97 | $-0.98 | ||
| Q3 24 | $-0.60 | $-0.95 | ||
| Q2 24 | $1.46 | $-0.95 | ||
| Q1 24 | $0.44 | $-0.51 |
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 | $1.9B |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $6.1B | $2.1B |
| 总资产 | $17.8B | $8.2B |
| 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APASNOW
| Q4 25 | $516.0M | $1.9B | ||
| Q3 25 | $475.0M | $1.9B | ||
| Q2 25 | $107.0M | $2.2B | ||
| Q1 25 | $67.0M | $2.6B | ||
| Q4 24 | $625.0M | $2.1B | ||
| Q3 24 | $64.0M | $1.3B | ||
| Q2 24 | $160.0M | $1.3B | ||
| Q1 24 | $102.0M | $1.8B |
总债务APASNOW
| 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APASNOW
| Q4 25 | $6.1B | $2.1B | ||
| Q3 25 | $6.0B | $2.4B | ||
| Q2 25 | $5.9B | $2.4B | ||
| Q1 25 | $5.4B | $3.0B | ||
| Q4 24 | $5.3B | $2.9B | ||
| Q3 24 | $5.1B | $4.1B | ||
| Q2 24 | $5.4B | $4.6B | ||
| Q1 24 | $2.6B | $5.2B |
总资产APASNOW
| Q4 25 | $17.8B | $8.2B | ||
| Q3 25 | $17.7B | $8.2B | ||
| Q2 25 | $18.1B | $8.2B | ||
| Q1 25 | $18.5B | $9.0B | ||
| Q4 24 | $19.4B | $8.2B | ||
| Q3 24 | $19.4B | $6.9B | ||
| Q2 24 | $20.2B | $7.3B | ||
| Q1 24 | $15.0B | $8.2B |
负债/权益比APASNOW
| 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 | $137.5M |
| 自由现金流经营现金流 - 资本支出 | — | $113.6M |
| 自由现金流率自由现金流/营收 | — | 9.4% |
| 资本支出强度资本支出/营收 | — | 2.0% |
| 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 | — | $776.7M |
8季度趋势，按日历期对齐
经营现金流APASNOW
| Q4 25 | $808.0M | $137.5M | ||
| Q3 25 | $1.5B | $74.9M | ||
| Q2 25 | $1.2B | $228.4M | ||
| Q1 25 | $1.1B | $432.7M | ||
| Q4 24 | $1.0B | $101.7M | ||
| Q3 24 | $1.3B | $69.9M | ||
| Q2 24 | $877.0M | $355.5M | ||
| Q1 24 | $368.0M | $344.6M |
自由现金流APASNOW
| Q4 25 | — | $113.6M | ||
| Q3 25 | — | $58.2M | ||
| Q2 25 | — | $183.4M | ||
| Q1 25 | — | $421.4M | ||
| Q4 24 | — | $88.3M | ||
| Q3 24 | — | $64.8M | ||
| Q2 24 | — | $338.9M | ||
| Q1 24 | — | $331.5M |
自由现金流率APASNOW
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 17.6% | ||
| Q1 25 | — | 42.7% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | — | 40.9% | ||
| Q1 24 | — | 42.8% |
资本支出强度APASNOW
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 1.1% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.7% |
现金转化率APASNOW
| 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% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
