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APA Corporation（APA）与Via Renewables, Inc.（VIASP）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Via Renewables, Inc.的17.3倍（$2.2B vs $127.8M）。APA Corporation净利率更高（15.0% vs 5.4%，领先9.6%）。Via Renewables, Inc.同比增速更快（22.5% vs -24.3%）。过去两年Via Renewables, Inc.的营收复合增速更高（5.9% 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。
EDF电力解决方案是法国电力集团旗下全资子公司，专注可再生能源发电业务。作为一体化运营商，该集团开展可再生能源项目开发与融资，推进设施建设，同时为自有及第三方的可再生能源项目提供运营与维护服务。
APA vs VIASP — 直观对比
营收规模更大
APA
是对方的17.3倍
$127.8M
营收增速更快
VIASP
高出46.9%
-24.3%
净利率更高
APA
高出9.6%
5.4%
两年增速更快
VIASP
近两年复合增速
1.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $127.8M |
| 净利润 | $331.0M | $6.9M |
| 毛利率 | — | 34.4% |
| 营业利润率 | 32.5% | 15.2% |
| 净利率 | 15.0% | 5.4% |
| 营收同比 | -24.3% | 22.5% |
| 净利润同比 | -22.1% | -30.9% |
| 每股收益（稀释后） | $0.79 | $1.19 |
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APAVIASP
| Q4 25 | $2.2B | $127.8M | ||
| Q3 25 | $2.3B | $103.3M | ||
| Q2 25 | $2.3B | $90.0M | ||
| Q1 25 | $2.7B | $142.3M | ||
| Q4 24 | $2.9B | $104.3M | ||
| Q3 24 | $2.7B | $93.8M | ||
| Q2 24 | $2.8B | $86.7M | ||
| Q1 24 | $2.1B | $114.1M |
净利润APAVIASP
| Q4 25 | $331.0M | $6.9M | ||
| Q3 25 | $205.0M | $757.0K | ||
| Q2 25 | $603.0M | $2.7M | ||
| Q1 25 | $418.0M | $8.8M | ||
| Q4 24 | $425.0M | $9.9M | ||
| Q3 24 | $-223.0M | $2.1M | ||
| Q2 24 | $541.0M | $7.6M | ||
| Q1 24 | $212.0M | $8.6M |
毛利率APAVIASP
| Q4 25 | — | 34.4% | ||
| Q3 25 | — | 23.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | 51.9% | ||
| Q3 24 | — | 26.8% | ||
| Q2 24 | — | 50.4% | ||
| Q1 24 | — | 39.5% |
营业利润率APAVIASP
| Q4 25 | 32.5% | 15.2% | ||
| Q3 25 | 33.7% | 3.1% | ||
| Q2 25 | 31.8% | 6.7% | ||
| Q1 25 | 31.9% | 17.5% | ||
| Q4 24 | 31.4% | 31.5% | ||
| Q3 24 | -5.2% | 5.3% | ||
| Q2 24 | 34.4% | 23.8% | ||
| Q1 24 | 32.2% | 22.6% |
净利率APAVIASP
| Q4 25 | 15.0% | 5.4% | ||
| Q3 25 | 9.0% | 0.7% | ||
| Q2 25 | 26.0% | 3.0% | ||
| Q1 25 | 15.4% | 6.2% | ||
| Q4 24 | 14.6% | 9.5% | ||
| Q3 24 | -8.1% | 2.3% | ||
| Q2 24 | 19.0% | 8.8% | ||
| Q1 24 | 9.9% | 7.5% |
每股收益（稀释后）APAVIASP
| Q4 25 | $0.79 | $1.19 | ||
| Q3 25 | $0.57 | $-0.41 | ||
| Q2 25 | $1.67 | $0.09 | ||
| Q1 25 | $0.96 | $1.83 | ||
| Q4 24 | $0.97 | $2.33 | ||
| Q3 24 | $-0.60 | $-0.17 | ||
| Q2 24 | $1.46 | $1.51 | ||
| Q1 24 | $0.44 | $1.81 |
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 | $41.8M |
| 总债务越低越好 | $4.3B | $120.0M |
| 股东权益账面价值 | $6.1B | $67.7M |
| 总资产 | $17.8B | $331.3M |
| 负债/权益比越低杠杆越低 | 0.70× | 1.77× |
8季度趋势，按日历期对齐
现金及短期投资APAVIASP
| Q4 25 | $516.0M | $41.8M | ||
| Q3 25 | $475.0M | $53.6M | ||
| Q2 25 | $107.0M | $62.1M | ||
| Q1 25 | $67.0M | $64.7M | ||
| Q4 24 | $625.0M | $53.1M | ||
| Q3 24 | $64.0M | $66.6M | ||
| Q2 24 | $160.0M | $53.6M | ||
| Q1 24 | $102.0M | $50.4M |
总债务APAVIASP
| Q4 25 | $4.3B | $120.0M | ||
| Q3 25 | $4.3B | $105.0M | ||
| Q2 25 | $4.3B | $100.0M | ||
| Q1 25 | $5.2B | $101.0M | ||
| Q4 24 | $6.0B | $106.0M | ||
| Q3 24 | $6.4B | $89.0M | ||
| Q2 24 | $6.7B | $93.0M | ||
| Q1 24 | $5.2B | $91.0M |
股东权益APAVIASP
| Q4 25 | $6.1B | $67.7M | ||
| Q3 25 | $6.0B | $63.7M | ||
| Q2 25 | $5.9B | $68.2M | ||
| Q1 25 | $5.4B | $72.7M | ||
| Q4 24 | $5.3B | $66.7M | ||
| Q3 24 | $5.1B | $58.2M | ||
| Q2 24 | $5.4B | $58.3M | ||
| Q1 24 | $2.6B | $53.2M |
总资产APAVIASP
| Q4 25 | $17.8B | $331.3M | ||
| Q3 25 | $17.7B | $304.8M | ||
| Q2 25 | $18.1B | $316.3M | ||
| Q1 25 | $18.5B | $347.4M | ||
| Q4 24 | $19.4B | $344.9M | ||
| Q3 24 | $19.4B | $298.4M | ||
| Q2 24 | $20.2B | $299.7M | ||
| Q1 24 | $15.0B | $302.7M |
负债/权益比APAVIASP
| Q4 25 | 0.70× | 1.77× | ||
| Q3 25 | 0.72× | 1.65× | ||
| Q2 25 | 0.73× | 1.47× | ||
| Q1 25 | 0.96× | 1.39× | ||
| Q4 24 | 1.13× | 1.59× | ||
| Q3 24 | 1.25× | 1.53× | ||
| Q2 24 | 1.24× | 1.60× | ||
| Q1 24 | 1.99× | 1.71× |
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 | $-4.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.8M |
| 自由现金流率自由现金流/营收 | — | -3.7% |
| 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× | -0.61× |
| 过去12个月自由现金流最近4个季度 | — | $39.1M |
8季度趋势，按日历期对齐
经营现金流APAVIASP
| Q4 25 | $808.0M | $-4.2M | ||
| Q3 25 | $1.5B | $2.4M | ||
| Q2 25 | $1.2B | $19.0M | ||
| Q1 25 | $1.1B | $24.9M | ||
| Q4 24 | $1.0B | $2.0M | ||
| Q3 24 | $1.3B | $20.1M | ||
| Q2 24 | $877.0M | $11.2M | ||
| Q1 24 | $368.0M | $17.1M |
自由现金流APAVIASP
| Q4 25 | — | $-4.8M | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $18.4M | ||
| Q1 25 | — | $23.5M | ||
| Q4 24 | — | $1.6M | ||
| Q3 24 | — | $19.7M | ||
| Q2 24 | — | $10.9M | ||
| Q1 24 | — | $16.6M |
自由现金流率APAVIASP
| Q4 25 | — | -3.7% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 16.5% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 21.0% | ||
| Q2 24 | — | 12.6% | ||
| Q1 24 | — | 14.6% |
资本支出强度APAVIASP
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 0.4% |
现金转化率APAVIASP
| Q4 25 | 2.44× | -0.61× | ||
| Q3 25 | 7.12× | 3.12× | ||
| Q2 25 | 1.96× | 6.94× | ||
| Q1 25 | 2.62× | 2.84× | ||
| Q4 24 | 2.44× | 0.20× | ||
| Q3 24 | — | 9.41× | ||
| Q2 24 | 1.62× | 1.47× | ||
| Q1 24 | 1.74× | 2.00× |
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% |
VIASP
| Retail Electricity | $79.7M | 62% |
| Retail Natural Gas | $48.9M | 38% |
