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APA Corporation（APA）与施乐（XRX）财务数据对比。点击上方公司名可切换其他公司
APA Corporation的季度营收约是施乐的1.1倍（$2.2B vs $2.0B），施乐同比增速更快（25.7% vs -24.3%），过去两年施乐的营收复合增速更高（16.2% 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。
施乐控股是源自美国的知名办公设备服务商，面向全球超160个国家提供打印机与数码文档相关产品及服务。1959年推出Xerox 914后，施乐成为静电复印市场的开创者，品牌名“xerox”甚至在英语中成为复印的代名词，公司总部现位于美国康涅狄格州诺沃克。
APA vs XRX — 直观对比
营收规模更大
APA
是对方的1.1倍
$2.0B
营收增速更快
XRX
高出50.1%
-24.3%
两年增速更快
XRX
近两年复合增速
1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.0B |
| 净利润 | $331.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 32.5% | — |
| 净利率 | 15.0% | — |
| 营收同比 | -24.3% | 25.7% |
| 净利润同比 | -22.1% | — |
| 每股收益（稀释后） | $0.79 | $-0.62 |
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APAXRX
| Q4 25 | $2.2B | $2.0B | ||
| Q3 25 | $2.3B | $2.0B | ||
| Q2 25 | $2.3B | $1.6B | ||
| Q1 25 | $2.7B | $1.5B | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $2.7B | $1.5B | ||
| Q2 24 | $2.8B | $1.6B | ||
| Q1 24 | $2.1B | $1.5B |
净利润APAXRX
| Q4 25 | $331.0M | — | ||
| Q3 25 | $205.0M | $-760.0M | ||
| Q2 25 | $603.0M | $-106.0M | ||
| Q1 25 | $418.0M | $-90.0M | ||
| Q4 24 | $425.0M | — | ||
| Q3 24 | $-223.0M | $-1.2B | ||
| Q2 24 | $541.0M | $18.0M | ||
| Q1 24 | $212.0M | $-113.0M |
营业利润率APAXRX
| Q4 25 | 32.5% | — | ||
| Q3 25 | 33.7% | — | ||
| Q2 25 | 31.8% | — | ||
| Q1 25 | 31.9% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | -5.2% | — | ||
| Q2 24 | 34.4% | — | ||
| Q1 24 | 32.2% | — |
净利率APAXRX
| Q4 25 | 15.0% | — | ||
| Q3 25 | 9.0% | -38.8% | ||
| Q2 25 | 26.0% | -6.7% | ||
| Q1 25 | 15.4% | -6.2% | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | -8.1% | -78.9% | ||
| Q2 24 | 19.0% | 1.1% | ||
| Q1 24 | 9.9% | -7.5% |
每股收益（稀释后）APAXRX
| Q4 25 | $0.79 | $-0.62 | ||
| Q3 25 | $0.57 | $-6.01 | ||
| Q2 25 | $1.67 | $-0.87 | ||
| Q1 25 | $0.96 | $-0.75 | ||
| Q4 24 | $0.97 | $-0.21 | ||
| Q3 24 | $-0.60 | $-9.71 | ||
| Q2 24 | $1.46 | $0.11 | ||
| Q1 24 | $0.44 | $-0.94 |
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 | $512.0M |
| 总债务越低越好 | $4.3B | $4.0B |
| 股东权益账面价值 | $6.1B | $444.0M |
| 总资产 | $17.8B | $9.8B |
| 负债/权益比越低杠杆越低 | 0.70× | 9.05× |
8季度趋势，按日历期对齐
现金及短期投资APAXRX
| Q4 25 | $516.0M | $512.0M | ||
| Q3 25 | $475.0M | $479.0M | ||
| Q2 25 | $107.0M | $449.0M | ||
| Q1 25 | $67.0M | $336.0M | ||
| Q4 24 | $625.0M | $576.0M | ||
| Q3 24 | $64.0M | $521.0M | ||
| Q2 24 | $160.0M | $485.0M | ||
| Q1 24 | $102.0M | $685.0M |
总债务APAXRX
| Q4 25 | $4.3B | $4.0B | ||
| Q3 25 | $4.3B | $4.1B | ||
| Q2 25 | $4.3B | $3.5B | ||
| Q1 25 | $5.2B | $2.7B | ||
| Q4 24 | $6.0B | $2.8B | ||
| Q3 24 | $6.4B | $2.8B | ||
| Q2 24 | $6.7B | $3.2B | ||
| Q1 24 | $5.2B | $3.2B |
股东权益APAXRX
| Q4 25 | $6.1B | $444.0M | ||
| Q3 25 | $6.0B | $365.0M | ||
| Q2 25 | $5.9B | $1.1B | ||
| Q1 25 | $5.4B | $1.1B | ||
| Q4 24 | $5.3B | $1.1B | ||
| Q3 24 | $5.1B | $1.3B | ||
| Q2 24 | $5.4B | $2.4B | ||
| Q1 24 | $2.6B | $2.4B |
总资产APAXRX
| Q4 25 | $17.8B | $9.8B | ||
| Q3 25 | $17.7B | $10.1B | ||
| Q2 25 | $18.1B | $8.9B | ||
| Q1 25 | $18.5B | $8.2B | ||
| Q4 24 | $19.4B | $8.4B | ||
| Q3 24 | $19.4B | $8.3B | ||
| Q2 24 | $20.2B | $9.5B | ||
| Q1 24 | $15.0B | $9.9B |
负债/权益比APAXRX
| Q4 25 | 0.70× | 9.05× | ||
| Q3 25 | 0.72× | 11.10× | ||
| Q2 25 | 0.73× | 3.11× | ||
| Q1 25 | 0.96× | 2.56× | ||
| Q4 24 | 1.13× | 2.62× | ||
| Q3 24 | 1.25× | 2.11× | ||
| Q2 24 | 1.24× | 1.34× | ||
| Q1 24 | 1.99× | 1.35× |
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 | $208.0M |
| 自由现金流经营现金流 - 资本支出 | — | $192.0M |
| 自由现金流率自由现金流/营收 | — | 9.5% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 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 | — | $187.0M |
8季度趋势，按日历期对齐
经营现金流APAXRX
| Q4 25 | $808.0M | $208.0M | ||
| Q3 25 | $1.5B | $116.0M | ||
| Q2 25 | $1.2B | $-11.0M | ||
| Q1 25 | $1.1B | $-89.0M | ||
| Q4 24 | $1.0B | $351.0M | ||
| Q3 24 | $1.3B | $116.0M | ||
| Q2 24 | $877.0M | $123.0M | ||
| Q1 24 | $368.0M | $-79.0M |
自由现金流APAXRX
| Q4 25 | — | $192.0M | ||
| Q3 25 | — | $104.0M | ||
| Q2 25 | — | $-15.0M | ||
| Q1 25 | — | $-94.0M | ||
| Q4 24 | — | $346.0M | ||
| Q3 24 | — | $108.0M | ||
| Q2 24 | — | $117.0M | ||
| Q1 24 | — | $-87.0M |
自由现金流率APAXRX
| Q4 25 | — | 9.5% | ||
| Q3 25 | — | 5.3% | ||
| Q2 25 | — | -1.0% | ||
| Q1 25 | — | -6.5% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 7.1% | ||
| Q2 24 | — | 7.4% | ||
| Q1 24 | — | -5.8% |
资本支出强度APAXRX
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.5% |
现金转化率APAXRX
| 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× | 6.83× | ||
| 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% |
XRX
| Other | $596.0M | 29% |
| Manufactured Product Other | $485.0M | 24% |
| Supplies Paper And Other Sales | $483.0M | 24% |
| IT Solutions Segment | $155.0M | 8% |
| CA | $128.0M | 6% |
| IT Products | $100.0M | 5% |
| Rental And Other | $52.0M | 3% |
| Financial Service | $29.0M | 1% |
