vs
ALLIANCE RESOURCE PARTNERS LP（ARLP）与BOX INC（BOX）财务数据对比。点击上方公司名可切换其他公司
ALLIANCE RESOURCE PARTNERS LP的季度营收约是BOX INC的1.7倍（$516.0M vs $301.1M），BOX INC净利率更高（4.0% vs 2.1%，领先1.9%），BOX INC同比增速更快（9.1% vs -3.6%），BOX INC自由现金流更多（$71.3M vs $13.3M），过去两年BOX INC的营收复合增速更高（7.0% vs -6.7%）
联合资源伙伴有限合伙是北美领先的自然资源企业，核心业务为公用事业及工业客户生产、销售煤炭，同时运营矿权特许经营、油气开采、物流配套等关联业务，服务覆盖美国及周边主要能源消费市场。
Box Inc.是总部位于美国加利福尼亚州红木城的上市企业，由亚伦·莱维和迪伦·史密斯于2005年创立，最初面向个人消费者服务，2009至2010年前后转向企业级市场，2015年正式上市。公司专注于开发、运营云端内容管理、协同办公及文件共享工具，帮助企业用户便捷存储、管理各类文件，提升团队协作效率。
ARLP vs BOX — 直观对比
营收规模更大
ARLP
是对方的1.7倍
$301.1M
营收增速更快
BOX
高出12.8%
-3.6%
净利率更高
BOX
高出1.9%
2.1%
自由现金流更多
BOX
多$58.0M
$13.3M
两年增速更快
BOX
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $301.1M |
| 净利润 | $10.7M | $12.1M |
| 毛利率 | — | 79.6% |
| 营业利润率 | 4.2% | 8.3% |
| 净利率 | 2.1% | 4.0% |
| 营收同比 | -3.6% | 9.1% |
| 净利润同比 | — | -6.4% |
| 每股收益（稀释后） | — | $0.05 |
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ARLPBOX
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $301.1M | ||
| Q3 25 | $571.4M | $294.0M | ||
| Q2 25 | $547.5M | $276.3M | ||
| Q1 25 | $540.5M | $279.5M | ||
| Q4 24 | $590.1M | $275.9M | ||
| Q3 24 | $613.6M | $270.0M | ||
| Q2 24 | $593.4M | $264.7M |
净利润ARLPBOX
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $12.1M | ||
| Q3 25 | $95.1M | $13.4M | ||
| Q2 25 | $59.4M | $8.2M | ||
| Q1 25 | $74.0M | $194.0M | ||
| Q4 24 | $16.3M | $12.9M | ||
| Q3 24 | $86.3M | $20.5M | ||
| Q2 24 | $100.2M | $17.2M |
毛利率ARLPBOX
| Q1 26 | — | — | ||
| Q4 25 | — | 79.6% | ||
| Q3 25 | — | 79.1% | ||
| Q2 25 | — | 78.0% | ||
| Q1 25 | — | 79.0% | ||
| Q4 24 | — | 79.9% | ||
| Q3 24 | — | 79.4% | ||
| Q2 24 | — | 78.0% |
营业利润率ARLPBOX
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 8.3% | ||
| Q3 25 | 18.4% | 7.0% | ||
| Q2 25 | 16.2% | 2.3% | ||
| Q1 25 | 17.4% | 6.4% | ||
| Q4 24 | 2.6% | 8.5% | ||
| Q3 24 | 16.5% | 7.5% | ||
| Q2 24 | 19.8% | 6.8% |
净利率ARLPBOX
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 4.0% | ||
| Q3 25 | 16.6% | 4.6% | ||
| Q2 25 | 10.9% | 3.0% | ||
| Q1 25 | 13.7% | 69.4% | ||
| Q4 24 | 2.8% | 4.7% | ||
| Q3 24 | 14.1% | 7.6% | ||
| Q2 24 | 16.9% | 6.5% |
每股收益（稀释后）ARLPBOX
| Q1 26 | — | — | ||
| Q4 25 | — | $0.05 | ||
| Q3 25 | — | $0.05 | ||
| Q2 25 | — | $0.02 | ||
| Q1 25 | — | $1.13 | ||
| Q4 24 | — | $0.05 | ||
| Q3 24 | — | $0.10 | ||
| Q2 24 | — | $0.08 |
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 | $28.9M | $729.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $-286.6M |
| 总资产 | $2.9B | $1.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARLPBOX
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $729.6M | ||
| Q3 25 | $94.5M | $757.9M | ||
| Q2 25 | $55.0M | $790.4M | ||
| Q1 25 | $81.3M | $722.8M | ||
| Q4 24 | $137.0M | $697.9M | ||
| Q3 24 | $195.4M | $482.2M | ||
| Q2 24 | $203.7M | $566.1M |
股东权益ARLPBOX
| Q1 26 | — | — | ||
| Q4 25 | — | $-286.6M | ||
| Q3 25 | — | $-269.4M | ||
| Q2 25 | — | $-280.1M | ||
| Q1 25 | — | $-297.0M | ||
| Q4 24 | — | $-479.9M | ||
| Q3 24 | — | $-439.4M | ||
| Q2 24 | — | $-397.9M |
总资产ARLPBOX
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | $2.9B | $1.6B | ||
| Q1 25 | $2.9B | $1.7B | ||
| Q4 24 | $2.9B | $1.4B | ||
| Q3 24 | $3.0B | $1.1B | ||
| Q2 24 | $3.1B | $1.2B |
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 | — | $73.0M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $71.3M |
| 自由现金流率自由现金流/营收 | 2.6% | 23.7% |
| 资本支出强度资本支出/营收 | 18.5% | 0.6% |
| 现金转化率经营现金流/净利润 | — | 6.05× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $343.5M |
8季度趋势，按日历期对齐
经营现金流ARLPBOX
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $73.0M | ||
| Q3 25 | $209.9M | $46.0M | ||
| Q2 25 | $151.7M | $127.1M | ||
| Q1 25 | $145.7M | $102.2M | ||
| Q4 24 | $168.4M | $62.6M | ||
| Q3 24 | $209.3M | $36.3M | ||
| Q2 24 | $215.8M | $131.2M |
自由现金流ARLPBOX
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $71.3M | ||
| Q3 25 | $145.2M | $43.9M | ||
| Q2 25 | $84.7M | $126.7M | ||
| Q1 25 | $58.9M | $101.5M | ||
| Q4 24 | $75.3M | $62.3M | ||
| Q3 24 | $99.0M | $35.9M | ||
| Q2 24 | $114.3M | $129.9M |
自由现金流率ARLPBOX
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 23.7% | ||
| Q3 25 | 25.4% | 14.9% | ||
| Q2 25 | 15.5% | 45.9% | ||
| Q1 25 | 10.9% | 36.3% | ||
| Q4 24 | 12.8% | 22.6% | ||
| Q3 24 | 16.1% | 13.3% | ||
| Q2 24 | 19.3% | 49.1% |
资本支出强度ARLPBOX
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 0.6% | ||
| Q3 25 | 11.3% | 0.7% | ||
| Q2 25 | 12.2% | 0.1% | ||
| Q1 25 | 16.1% | 0.2% | ||
| Q4 24 | 15.8% | 0.1% | ||
| Q3 24 | 18.0% | 0.1% | ||
| Q2 24 | 17.1% | 0.5% |
现金转化率ARLPBOX
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 6.05× | ||
| Q3 25 | 2.21× | 3.42× | ||
| Q2 25 | 2.55× | 15.51× | ||
| Q1 25 | 1.97× | 0.53× | ||
| Q4 24 | 10.31× | 4.85× | ||
| Q3 24 | 2.43× | 1.77× | ||
| Q2 24 | 2.15× | 7.62× |
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
ARLP
| Coal sales | $443.3M | 86% |
| Oil & gas royalties | $41.3M | 8% |
| Other revenues | $22.8M | 4% |
| Transportation revenues | $8.6M | 2% |
| Tons Produced | $8.0M | 2% |
| Mineral Interest Volumes (BOE) | $1.0M | 0% |
BOX
暂无分部数据
