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ANTERO RESOURCES Corp（AR）与PATRICK INDUSTRIES INC（PATK）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PATRICK INDUSTRIES INC的1.5倍（$1.4B vs $924.2M），ANTERO RESOURCES Corp净利率更高（14.4% vs 3.1%，领先11.2%），ANTERO RESOURCES Corp同比增速更快（20.8% vs 9.2%），过去两年ANTERO RESOURCES Corp的营收复合增速更高（12.2% vs -0.5%）
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。
安杜里尔工业是一家美国国防科技企业，专注于先进自主系统的研发，其技术产品多应用于国防安全相关领域，在智能防务解决方案赛道具备行业竞争力。
AR vs PATK — 直观对比
营收规模更大
AR
是对方的1.5倍
$924.2M
营收增速更快
AR
高出11.6%
9.2%
净利率更高
AR
高出11.2%
3.1%
两年增速更快
AR
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $924.2M |
| 净利润 | $202.9M | $29.1M |
| 毛利率 | — | 23.0% |
| 营业利润率 | 20.5% | 6.2% |
| 净利率 | 14.4% | 3.1% |
| 营收同比 | 20.8% | 9.2% |
| 净利润同比 | 27.8% | 99.7% |
| 每股收益（稀释后） | $0.63 | $0.82 |
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ARPATK
| Q4 25 | $1.4B | $924.2M | ||
| Q3 25 | $1.2B | $975.6M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.2B | $846.1M | ||
| Q3 24 | $1.1B | $919.4M | ||
| Q2 24 | $978.7M | $1.0B | ||
| Q1 24 | $1.1B | $933.5M |
净利润ARPATK
| Q4 25 | $202.9M | $29.1M | ||
| Q3 25 | $85.6M | $35.3M | ||
| Q2 25 | $166.6M | $32.4M | ||
| Q1 25 | $219.5M | $38.2M | ||
| Q4 24 | $158.8M | $14.6M | ||
| Q3 24 | $-25.2M | $40.9M | ||
| Q2 24 | $-74.6M | $47.9M | ||
| Q1 24 | $34.7M | $35.1M |
毛利率ARPATK
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 22.8% | ||
| Q1 24 | — | 21.9% |
营业利润率ARPATK
| Q4 25 | 20.5% | 6.2% | ||
| Q3 25 | 9.7% | 6.8% | ||
| Q2 25 | 15.8% | 8.3% | ||
| Q1 25 | 20.1% | 6.5% | ||
| Q4 24 | 4.9% | 4.7% | ||
| Q3 24 | -2.4% | 8.1% | ||
| Q2 24 | -8.2% | 8.3% | ||
| Q1 24 | 4.3% | 6.4% |
净利率ARPATK
| Q4 25 | 14.4% | 3.1% | ||
| Q3 25 | 7.1% | 3.6% | ||
| Q2 25 | 12.8% | 3.1% | ||
| Q1 25 | 16.2% | 3.8% | ||
| Q4 24 | 13.6% | 1.7% | ||
| Q3 24 | -2.4% | 4.4% | ||
| Q2 24 | -7.6% | 4.7% | ||
| Q1 24 | 3.1% | 3.8% |
每股收益（稀释后）ARPATK
| Q4 25 | $0.63 | $0.82 | ||
| Q3 25 | $0.24 | $1.01 | ||
| Q2 25 | $0.50 | $0.96 | ||
| Q1 25 | $0.66 | $1.11 | ||
| Q4 24 | $0.48 | $-1.44 | ||
| Q3 24 | $-0.11 | $1.80 | ||
| Q2 24 | $-0.26 | $2.16 | ||
| Q1 24 | $0.07 | $1.59 |
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 | — | $26.4M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | $7.6B | $1.2B |
| 总资产 | $13.2B | $3.1B |
| 负债/权益比越低杠杆越低 | — | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资ARPATK
| Q4 25 | — | $26.4M | ||
| Q3 25 | — | $20.7M | ||
| Q2 25 | — | $22.0M | ||
| Q1 25 | — | $86.6M | ||
| Q4 24 | — | $33.6M | ||
| Q3 24 | — | $52.6M | ||
| Q2 24 | — | $44.0M | ||
| Q1 24 | — | $17.6M |
总债务ARPATK
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ARPATK
| Q4 25 | $7.6B | $1.2B | ||
| Q3 25 | $7.3B | $1.2B | ||
| Q2 25 | $7.3B | $1.1B | ||
| Q1 25 | $7.2B | $1.1B | ||
| Q4 24 | $7.0B | $1.1B | ||
| Q3 24 | $7.0B | $1.1B | ||
| Q2 24 | $7.0B | $1.1B | ||
| Q1 24 | $7.1B | $1.1B |
总资产ARPATK
| Q4 25 | $13.2B | $3.1B | ||
| Q3 25 | $12.9B | $3.1B | ||
| Q2 25 | $12.8B | $3.1B | ||
| Q1 25 | $13.0B | $3.2B | ||
| Q4 24 | $13.0B | $3.0B | ||
| Q3 24 | $13.2B | $3.1B | ||
| Q2 24 | $13.4B | $3.0B | ||
| Q1 24 | $13.5B | $3.0B |
负债/权益比ARPATK
| Q4 25 | — | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $370.7M | $130.8M |
| 自由现金流经营现金流 - 资本支出 | — | $112.7M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 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 | 1.83× | 4.50× |
| 过去12个月自由现金流最近4个季度 | — | $246.5M |
8季度趋势，按日历期对齐
经营现金流ARPATK
| Q4 25 | $370.7M | $130.8M | ||
| Q3 25 | $310.1M | $9.1M | ||
| Q2 25 | $492.4M | $149.4M | ||
| Q1 25 | $457.7M | $40.1M | ||
| Q4 24 | $278.0M | $102.7M | ||
| Q3 24 | $166.2M | $51.5M | ||
| Q2 24 | $143.5M | $137.5M | ||
| Q1 24 | $261.6M | $35.2M |
自由现金流ARPATK
| Q4 25 | — | $112.7M | ||
| Q3 25 | — | $-17.2M | ||
| Q2 25 | — | $131.1M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | — | $77.2M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $120.6M | ||
| Q1 24 | — | $19.7M |
自由现金流率ARPATK
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 2.1% |
资本支出强度ARPATK
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 1.7% |
现金转化率ARPATK
| Q4 25 | 1.83× | 4.50× | ||
| Q3 25 | 3.62× | 0.26× | ||
| Q2 25 | 2.96× | 4.61× | ||
| Q1 25 | 2.09× | 1.05× | ||
| Q4 24 | 1.75× | 7.05× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 2.87× | ||
| Q1 24 | 7.55× | 1.00× |
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
AR
| Natural Gas Production | $773.6M | 55% |
| Natural Gas Liquids Sales C3Ngls | $378.1M | 27% |
| Other | $97.3M | 7% |
| Natural Gas Liquids Sales Ethane | $96.1M | 7% |
| Oil And Condensate | $34.8M | 2% |
| Marketings | $31.7M | 2% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
