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Artisan Partners Asset Management Inc.(APAM)与USA Compression Partners, LP(USAC)财务数据对比。点击上方公司名可切换其他公司

Artisan Partners Asset Management Inc.的季度营收约是USA Compression Partners, LP的1.3倍($335.5M vs $252.5M),Artisan Partners Asset Management Inc.净利率更高(35.2% vs 11.0%,领先24.2%),Artisan Partners Asset Management Inc.同比增速更快(12.9% vs 2.7%),Artisan Partners Asset Management Inc.自由现金流更多($171.6M vs $87.7M),过去两年Artisan Partners Asset Management Inc.的营收复合增速更高(12.7% vs 4.9%)

阿蒂森伙伴资产管理公司(Artisan Partners)是总部位于美国威斯康星州密尔沃基的资产管理机构,除美国本土外,还在都柏林、香港、伦敦、新加坡、悉尼设有办公室,为全球客户提供专业的资产管理服务。

USA Compression Partners, LP是一家总部位于美国的天然气压缩服务供应商,服务覆盖油气行业上游、中游及下游领域,提供定制化压缩系统、设备维护与运营支持,助力天然气生产、加工和运输环节高效运转。

APAM vs USAC — 直观对比

营收规模更大
APAM
APAM
是对方的1.3倍
APAM
$335.5M
$252.5M
USAC
营收增速更快
APAM
APAM
高出10.3%
APAM
12.9%
2.7%
USAC
净利率更高
APAM
APAM
高出24.2%
APAM
35.2%
11.0%
USAC
自由现金流更多
APAM
APAM
多$83.9M
APAM
$171.6M
$87.7M
USAC
两年增速更快
APAM
APAM
近两年复合增速
APAM
12.7%
4.9%
USAC

损益表 — Q4 FY2025 vs Q4 FY2025

指标
APAM
APAM
USAC
USAC
营收
$335.5M
$252.5M
净利润
$118.1M
$27.8M
毛利率
营业利润率
39.2%
30.3%
净利率
35.2%
11.0%
营收同比
12.9%
2.7%
净利润同比
34.9%
9.1%
每股收益(稀释后)
$1.36

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
APAM
APAM
USAC
USAC
Q4 25
$335.5M
$252.5M
Q3 25
$301.3M
$250.3M
Q2 25
$282.7M
$250.1M
Q1 25
$277.1M
$245.2M
Q4 24
$297.1M
$245.9M
Q3 24
$279.6M
$240.0M
Q2 24
$270.8M
$235.3M
Q1 24
$264.4M
$229.3M
净利润
APAM
APAM
USAC
USAC
Q4 25
$118.1M
$27.8M
Q3 25
$66.8M
$34.5M
Q2 25
$67.6M
$28.6M
Q1 25
$61.1M
$20.5M
Q4 24
$87.5M
$25.4M
Q3 24
$73.0M
$19.3M
Q2 24
$57.6M
$31.2M
Q1 24
$59.5M
$23.6M
营业利润率
APAM
APAM
USAC
USAC
Q4 25
39.2%
30.3%
Q3 25
33.8%
33.5%
Q2 25
28.2%
30.6%
Q1 25
31.2%
28.3%
Q4 24
36.7%
30.3%
Q3 24
33.3%
31.5%
Q2 24
32.0%
32.9%
Q1 24
29.4%
29.2%
净利率
APAM
APAM
USAC
USAC
Q4 25
35.2%
11.0%
Q3 25
22.2%
13.8%
Q2 25
23.9%
11.4%
Q1 25
22.1%
8.4%
Q4 24
29.5%
10.3%
Q3 24
26.1%
8.1%
Q2 24
21.3%
13.3%
Q1 24
22.5%
10.3%
每股收益(稀释后)
APAM
APAM
USAC
USAC
Q4 25
$1.36
Q3 25
$0.93
Q2 25
$0.94
Q1 25
$0.82
Q4 24
$0.99
Q3 24
$1.03
Q2 24
$0.80
Q1 24
$0.84

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
APAM
APAM
USAC
USAC
现金及短期投资手头流动性
$8.6M
总债务越低越好
$190.0M
$2.5B
股东权益账面价值
$438.8M
总资产
$1.6B
$2.6B
负债/权益比越低杠杆越低
0.43×

8季度趋势,按日历期对齐

现金及短期投资
APAM
APAM
USAC
USAC
Q4 25
$8.6M
Q3 25
Q2 25
$2.0K
Q1 25
$2.0K
Q4 24
$14.0K
Q3 24
$79.0K
Q2 24
$9.0K
Q1 24
$8.0K
总债务
APAM
APAM
USAC
USAC
Q4 25
$190.0M
$2.5B
Q3 25
$190.0M
$2.5B
Q2 25
$200.0M
$2.5B
Q1 25
$200.0M
$2.5B
Q4 24
$200.0M
$2.5B
Q3 24
$200.0M
$2.5B
Q2 24
$200.0M
$2.5B
Q1 24
$200.0M
$2.5B
股东权益
APAM
APAM
USAC
USAC
Q4 25
$438.8M
Q3 25
$402.1M
Q2 25
$381.8M
Q1 25
$356.5M
Q4 24
$388.9M
Q3 24
$372.1M
Q2 24
$341.2M
Q1 24
$320.3M
总资产
APAM
APAM
USAC
USAC
Q4 25
$1.6B
$2.6B
Q3 25
$1.6B
$2.7B
Q2 25
$1.4B
$2.7B
Q1 25
$1.4B
$2.7B
Q4 24
$1.6B
$2.7B
Q3 24
$1.6B
$2.8B
Q2 24
$1.5B
$2.8B
Q1 24
$1.5B
$2.8B
负债/权益比
APAM
APAM
USAC
USAC
Q4 25
0.43×
Q3 25
0.47×
Q2 25
0.52×
Q1 25
0.56×
Q4 24
0.51×
Q3 24
0.54×
Q2 24
0.59×
Q1 24
0.62×

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
APAM
APAM
USAC
USAC
经营现金流最新季度
$172.0M
$139.5M
自由现金流经营现金流 - 资本支出
$171.6M
$87.7M
自由现金流率自由现金流/营收
51.2%
34.8%
资本支出强度资本支出/营收
0.1%
20.5%
现金转化率经营现金流/净利润
1.46×
5.02×
过去12个月自由现金流最近4个季度
$420.6M
$277.0M

8季度趋势,按日历期对齐

经营现金流
APAM
APAM
USAC
USAC
Q4 25
$172.0M
$139.5M
Q3 25
$40.4M
$75.9M
Q2 25
$50.9M
$124.2M
Q1 25
$157.9M
$54.7M
Q4 24
$372.8M
$130.2M
Q3 24
$112.8M
$48.5M
Q2 24
$75.9M
$96.7M
Q1 24
$147.0M
$65.9M
自由现金流
APAM
APAM
USAC
USAC
Q4 25
$171.6M
$87.7M
Q3 25
$40.4M
$51.9M
Q2 25
$50.9M
$101.1M
Q1 25
$157.7M
$36.3M
Q4 24
$371.3M
$101.2M
Q3 24
$112.4M
$19.8M
Q2 24
$75.2M
$48.2M
Q1 24
$146.9M
$-32.7M
自由现金流率
APAM
APAM
USAC
USAC
Q4 25
51.2%
34.8%
Q3 25
13.4%
20.7%
Q2 25
18.0%
40.4%
Q1 25
56.9%
14.8%
Q4 24
125.0%
41.1%
Q3 24
40.2%
8.2%
Q2 24
27.8%
20.5%
Q1 24
55.6%
-14.3%
资本支出强度
APAM
APAM
USAC
USAC
Q4 25
0.1%
20.5%
Q3 25
0.0%
9.6%
Q2 25
0.0%
9.3%
Q1 25
0.1%
7.5%
Q4 24
0.5%
11.8%
Q3 24
0.1%
12.0%
Q2 24
0.2%
20.6%
Q1 24
0.0%
43.0%
现金转化率
APAM
APAM
USAC
USAC
Q4 25
1.46×
5.02×
Q3 25
0.60×
2.20×
Q2 25
0.75×
4.35×
Q1 25
2.58×
2.66×
Q4 24
4.26×
5.12×
Q3 24
1.54×
2.51×
Q2 24
1.32×
3.10×
Q1 24
2.47×
2.80×

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

APAM
APAM

暂无分部数据

USAC
USAC

Revenue From Contract Operations Excluding Revenue From Related Party$231.7M92%
Entities Affiliated With Energy Transfer LP$16.6M7%
Transferred At Point In Time$5.4M2%

相关对比