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ANTERO RESOURCES Corp（AR）与Healthpeak Properties（DOC）财务数据对比。点击上方公司名可切换其他公司
ANTERO RESOURCES Corp的季度营收约是Healthpeak Properties的1.9倍（$1.4B vs $719.4M），Healthpeak Properties同比增速更快（3.1% vs -30.5%），Healthpeak Properties自由现金流更多（$357.0M vs $235.6M），过去两年ANTERO RESOURCES Corp的营收复合增速更高（17.6% vs 8.9%）
Antero Resources Corporation是一家美国油气勘探企业，注册地为特拉华州，总部设于科罗拉多州丹佛市。公司全部油气储量均位于阿巴拉契亚盆地，采用水力压裂技术开展开采作业，深耕北美本土油气资源开发领域。
Healthpeak Properties是美国医疗地产领域的房地产投资信托基金，核心投资范畴覆盖老年住宅、生命科学相关物业及医疗办公楼三类资产。公司2007年于马里兰州组建，总部设在科罗拉多州丹佛市，在尔湾、纳什维尔、旧金山均设有办事处，截至2019年12月31日共持有617处物业的权益。
AR vs DOC — 直观对比
营收规模更大
AR
是对方的1.9倍
$719.4M
营收增速更快
DOC
高出33.5%
-30.5%
自由现金流更多
DOC
多$121.4M
$235.6M
两年增速更快
AR
近两年复合增速
8.9%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $719.4M |
| 净利润 | — | $114.0M |
| 毛利率 | — | — |
| 营业利润率 | 20.1% | 17.4% |
| 净利率 | — | 73.2% |
| 营收同比 | -30.5% | 3.1% |
| 净利润同比 | — | 2406.4% |
| 每股收益（稀释后） | $0.66 | $0.16 |
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ARDOC
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $719.4M | ||
| Q3 25 | $1.2B | $705.9M | ||
| Q2 25 | $1.3B | $694.3M | ||
| Q1 25 | $1.4B | $702.9M | ||
| Q4 24 | $1.2B | $698.0M | ||
| Q3 24 | $1.1B | $700.4M | ||
| Q2 24 | $978.7M | $695.5M |
净利润ARDOC
| Q1 26 | — | — | ||
| Q4 25 | $202.9M | $114.0M | ||
| Q3 25 | $85.6M | $-117.1M | ||
| Q2 25 | $166.6M | $31.7M | ||
| Q1 25 | $219.5M | $42.8M | ||
| Q4 24 | $158.8M | $4.5M | ||
| Q3 24 | $-25.2M | $85.9M | ||
| Q2 24 | $-74.6M | $146.0M |
毛利率ARDOC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 58.6% | ||
| Q2 25 | — | 60.2% | ||
| Q1 25 | — | 61.1% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 60.0% | ||
| Q2 24 | — | 60.6% |
营业利润率ARDOC
| Q1 26 | 20.1% | — | ||
| Q4 25 | 20.5% | 17.4% | ||
| Q3 25 | 9.7% | 9.2% | ||
| Q2 25 | 15.8% | 5.7% | ||
| Q1 25 | 20.1% | 7.7% | ||
| Q4 24 | 4.9% | -2.2% | ||
| Q3 24 | -2.4% | 14.1% | ||
| Q2 24 | -8.2% | 22.3% |
净利率ARDOC
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | 73.2% | ||
| Q3 25 | 7.1% | -16.6% | ||
| Q2 25 | 12.8% | 4.6% | ||
| Q1 25 | 16.2% | 6.1% | ||
| Q4 24 | 13.6% | 0.7% | ||
| Q3 24 | -2.4% | 12.3% | ||
| Q2 24 | -7.6% | 21.0% |
每股收益（稀释后）ARDOC
| Q1 26 | $0.66 | — | ||
| Q4 25 | $0.63 | $0.16 | ||
| Q3 25 | $0.24 | $-0.17 | ||
| Q2 25 | $0.50 | $0.05 | ||
| Q1 25 | $0.66 | $0.06 | ||
| Q4 24 | $0.48 | $0.02 | ||
| Q3 24 | $-0.11 | $0.12 | ||
| Q2 24 | $-0.26 | $0.21 |
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 | — | $467.5M |
| 总债务越低越好 | $1.4B | $9.8B |
| 股东权益账面价值 | $7.6B | $7.5B |
| 总资产 | $13.2B | $20.3B |
| 负债/权益比越低杠杆越低 | 0.19× | 1.31× |
8季度趋势，按日历期对齐
现金及短期投资ARDOC
| Q1 26 | — | — | ||
| Q4 25 | — | $467.5M | ||
| Q3 25 | — | $91.0M | ||
| Q2 25 | — | $89.4M | ||
| Q1 25 | — | $70.6M | ||
| Q4 24 | — | $119.8M | ||
| Q3 24 | — | $180.4M | ||
| Q2 24 | — | $106.9M |
总债务ARDOC
| Q1 26 | $1.4B | — | ||
| Q4 25 | — | $9.8B | ||
| Q3 25 | — | $9.1B | ||
| Q2 25 | — | $9.0B | ||
| Q1 25 | — | $8.9B | ||
| Q4 24 | — | $8.7B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | — | $8.6B |
股东权益ARDOC
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.6B | $7.5B | ||
| Q3 25 | $7.3B | $7.6B | ||
| Q2 25 | $7.3B | $7.9B | ||
| Q1 25 | $7.2B | $8.2B | ||
| Q4 24 | $7.0B | $8.4B | ||
| Q3 24 | $7.0B | $8.6B | ||
| Q2 24 | $7.0B | $8.8B |
总资产ARDOC
| Q1 26 | $13.2B | — | ||
| Q4 25 | $13.2B | $20.3B | ||
| Q3 25 | $12.9B | $19.6B | ||
| Q2 25 | $12.8B | $19.8B | ||
| Q1 25 | $13.0B | $19.8B | ||
| Q4 24 | $13.0B | $19.9B | ||
| Q3 24 | $13.2B | $20.0B | ||
| Q2 24 | $13.4B | $20.2B |
负债/权益比ARDOC
| Q1 26 | 0.19× | — | ||
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | 1.20× | ||
| Q2 25 | — | 1.14× | ||
| Q1 25 | — | 1.08× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 0.98× |
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 | $457.7M | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $235.6M | $357.0M |
| 自由现金流率自由现金流/营收 | 17.4% | 49.6% |
| 资本支出强度资本支出/营收 | — | 124.4% |
| 现金转化率经营现金流/净利润 | — | 10.99× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ARDOC
| Q1 26 | $457.7M | — | ||
| Q4 25 | $370.7M | $1.3B | ||
| Q3 25 | $310.1M | $315.0M | ||
| Q2 25 | $492.4M | $363.5M | ||
| Q1 25 | $457.7M | $279.4M | ||
| Q4 24 | $278.0M | $1.1B | ||
| Q3 24 | $166.2M | $318.2M | ||
| Q2 24 | $143.5M | $316.2M |
自由现金流ARDOC
| Q1 26 | $235.6M | — | ||
| Q4 25 | — | $357.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $333.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率ARDOC
| Q1 26 | 17.4% | — | ||
| Q4 25 | — | 49.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 47.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度ARDOC
| Q1 26 | — | — | ||
| Q4 25 | — | 124.4% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 105.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率ARDOC
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | 10.99× | ||
| Q3 25 | 3.62× | — | ||
| Q2 25 | 2.96× | 11.48× | ||
| Q1 25 | 2.09× | 6.52× | ||
| Q4 24 | 1.75× | 235.43× | ||
| Q3 24 | — | 3.71× | ||
| Q2 24 | — | 2.17× |
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
AR
| Natural gas sales | $780.0M | 58% |
| Natural gas liquids sales | $561.4M | 42% |
| Oil sales | $50.3M | 4% |
| Other revenue and income | $818.0K | 0% |
DOC
暂无分部数据
