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ANTERO RESOURCES Corp（AR）与SCANSOURCE, INC.（SCSC）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SCANSOURCE, INC.的1.8倍（$1.4B vs $766.5M），SCANSOURCE, INC.同比增速更快（2.5% vs -30.5%），ANTERO RESOURCES Corp自由现金流更多（$235.6M vs $28.9M），过去两年ANTERO RESOURCES Corp的营收复合增速更高（17.6% vs 0.9%）
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。
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
AR vs SCSC — 直观对比
营收规模更大
AR
是对方的1.8倍
$766.5M
营收增速更快
SCSC
高出33.0%
-30.5%
自由现金流更多
AR
多$206.8M
$28.9M
两年增速更快
AR
近两年复合增速
0.9%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $766.5M |
| 净利润 | — | $16.5M |
| 毛利率 | — | 13.4% |
| 营业利润率 | 20.1% | 2.3% |
| 净利率 | — | 2.2% |
| 营收同比 | -30.5% | 2.5% |
| 净利润同比 | — | -3.3% |
| 每股收益（稀释后） | $0.66 | $0.75 |
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ARSCSC
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $766.5M | ||
| Q3 25 | $1.2B | $739.6M | ||
| Q2 25 | $1.3B | $812.9M | ||
| Q1 25 | $1.4B | $704.8M | ||
| Q4 24 | $1.2B | $747.5M | ||
| Q3 24 | $1.1B | $775.6M | ||
| Q2 24 | $978.7M | $746.1M |
净利润ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | $202.9M | $16.5M | ||
| Q3 25 | $85.6M | $19.9M | ||
| Q2 25 | $166.6M | $20.1M | ||
| Q1 25 | $219.5M | $17.4M | ||
| Q4 24 | $158.8M | $17.1M | ||
| Q3 24 | $-25.2M | $17.0M | ||
| Q2 24 | $-74.6M | $16.1M |
毛利率ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% |
营业利润率ARSCSC
| Q1 26 | 20.1% | — | ||
| Q4 25 | 20.5% | 2.3% | ||
| Q3 25 | 9.7% | 3.5% | ||
| Q2 25 | 15.8% | 3.3% | ||
| Q1 25 | 20.1% | 3.2% | ||
| Q4 24 | 4.9% | 2.5% | ||
| Q3 24 | -2.4% | 2.3% | ||
| Q2 24 | -8.2% | 2.9% |
净利率ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | 14.4% | 2.2% | ||
| Q3 25 | 7.1% | 2.7% | ||
| Q2 25 | 12.8% | 2.5% | ||
| Q1 25 | 16.2% | 2.5% | ||
| Q4 24 | 13.6% | 2.3% | ||
| Q3 24 | -2.4% | 2.2% | ||
| Q2 24 | -7.6% | 2.2% |
每股收益（稀释后）ARSCSC
| Q1 26 | $0.66 | — | ||
| Q4 25 | $0.63 | $0.75 | ||
| Q3 25 | $0.24 | $0.89 | ||
| Q2 25 | $0.50 | $0.87 | ||
| Q1 25 | $0.66 | $0.74 | ||
| Q4 24 | $0.48 | $0.70 | ||
| Q3 24 | $-0.11 | $0.69 | ||
| Q2 24 | $-0.26 | $0.66 |
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 | — | $83.5M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $7.6B | $910.9M |
| 总资产 | $13.2B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.19× | — |
8季度趋势，按日历期对齐
现金及短期投资ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | $83.5M | ||
| Q3 25 | — | $124.9M | ||
| Q2 25 | — | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M |
总债务ARSCSC
| Q1 26 | $1.4B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ARSCSC
| Q1 26 | $7.6B | — | ||
| Q4 25 | $7.6B | $910.9M | ||
| Q3 25 | $7.3B | $914.0M | ||
| Q2 25 | $7.3B | $906.4M | ||
| Q1 25 | $7.2B | $901.7M | ||
| Q4 24 | $7.0B | $900.7M | ||
| Q3 24 | $7.0B | $920.9M | ||
| Q2 24 | $7.0B | $924.3M |
总资产ARSCSC
| Q1 26 | $13.2B | — | ||
| Q4 25 | $13.2B | $1.7B | ||
| Q3 25 | $12.9B | $1.7B | ||
| Q2 25 | $12.8B | $1.8B | ||
| Q1 25 | $13.0B | $1.7B | ||
| Q4 24 | $13.0B | $1.7B | ||
| Q3 24 | $13.2B | $1.8B | ||
| Q2 24 | $13.4B | $1.8B |
负债/权益比ARSCSC
| Q1 26 | 0.19× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $457.7M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $235.6M | $28.9M |
| 自由现金流率自由现金流/营收 | 17.4% | 3.8% |
| 资本支出强度资本支出/营收 | — | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 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ARSCSC
| Q1 26 | $457.7M | — | ||
| Q4 25 | $370.7M | $30.8M | ||
| Q3 25 | $310.1M | $23.2M | ||
| Q2 25 | $492.4M | — | ||
| Q1 25 | $457.7M | $66.1M | ||
| Q4 24 | $278.0M | $-6.2M | ||
| Q3 24 | $166.2M | $44.8M | ||
| Q2 24 | $143.5M | — |
自由现金流ARSCSC
| Q1 26 | $235.6M | — | ||
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — |
自由现金流率ARSCSC
| Q1 26 | 17.4% | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — |
资本支出强度ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% |
现金转化率ARSCSC
| Q1 26 | — | — | ||
| Q4 25 | 1.83× | 1.87× | ||
| Q3 25 | 3.62× | 1.17× | ||
| Q2 25 | 2.96× | — | ||
| Q1 25 | 2.09× | 3.79× | ||
| Q4 24 | 1.75× | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | — |
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
