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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Fair Isaac（FICO）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Fair Isaac的1.0倍（$516.0M vs $512.0M），Fair Isaac净利率更高（30.9% vs 2.1%，领先28.9%），Fair Isaac同比增速更快（16.4% vs -3.6%），Fair Isaac自由现金流更多（$173.9M vs $13.3M），过去两年Fair Isaac的营收复合增速更高（8.6% 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。
FICO（原Fair, Isaac and Company）是美国知名数据分析企业，1956年由比尔·费尔与厄尔·艾萨克创立，总部位于蒙大拿州博兹曼市，核心业务为信用评分服务，其推出的FICO信用分是评估消费者信贷风险的重要指标，目前已被美国消费信贷行业广泛采用。
ARLP vs FICO — 直观对比
营收规模更大
ARLP
是对方的1.0倍
$512.0M
营收增速更快
FICO
高出20.0%
-3.6%
净利率更高
FICO
高出28.9%
2.1%
自由现金流更多
FICO
多$160.6M
$13.3M
两年增速更快
FICO
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $512.0M |
| 净利润 | $10.7M | $158.4M |
| 毛利率 | — | 83.0% |
| 营业利润率 | 4.2% | 45.7% |
| 净利率 | 2.1% | 30.9% |
| 营收同比 | -3.6% | 16.4% |
| 净利润同比 | — | 3.8% |
| 每股收益（稀释后） | — | $6.61 |
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ARLPFICO
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $512.0M | ||
| Q3 25 | $571.4M | $515.8M | ||
| Q2 25 | $547.5M | $536.4M | ||
| Q1 25 | $540.5M | $498.7M | ||
| Q4 24 | $590.1M | $440.0M | ||
| Q3 24 | $613.6M | $453.8M | ||
| Q2 24 | $593.4M | $447.8M |
净利润ARLPFICO
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $158.4M | ||
| Q3 25 | $95.1M | $155.0M | ||
| Q2 25 | $59.4M | $181.8M | ||
| Q1 25 | $74.0M | $162.6M | ||
| Q4 24 | $16.3M | $152.5M | ||
| Q3 24 | $86.3M | $135.7M | ||
| Q2 24 | $100.2M | $126.3M |
毛利率ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | — | 83.0% | ||
| Q3 25 | — | 82.3% | ||
| Q2 25 | — | 83.7% | ||
| Q1 25 | — | 82.4% | ||
| Q4 24 | — | 80.1% | ||
| Q3 24 | — | 80.3% | ||
| Q2 24 | — | 80.3% |
营业利润率ARLPFICO
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 45.7% | ||
| Q3 25 | 18.4% | 46.0% | ||
| Q2 25 | 16.2% | 48.9% | ||
| Q1 25 | 17.4% | 49.3% | ||
| Q4 24 | 2.6% | 40.8% | ||
| Q3 24 | 16.5% | 43.4% | ||
| Q2 24 | 19.8% | 42.5% |
净利率ARLPFICO
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 30.9% | ||
| Q3 25 | 16.6% | 30.1% | ||
| Q2 25 | 10.9% | 33.9% | ||
| Q1 25 | 13.7% | 32.6% | ||
| Q4 24 | 2.8% | 34.7% | ||
| Q3 24 | 14.1% | 29.9% | ||
| Q2 24 | 16.9% | 28.2% |
每股收益（稀释后）ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | — | $6.61 | ||
| Q3 25 | — | $6.41 | ||
| Q2 25 | — | $7.40 | ||
| Q1 25 | — | $6.59 | ||
| Q4 24 | — | $6.14 | ||
| Q3 24 | — | $5.44 | ||
| Q2 24 | — | $5.05 |
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 | $162.0M |
| 总债务越低越好 | — | $3.2B |
| 股东权益账面价值 | — | $-1.8B |
| 总资产 | $2.9B | $1.9B |
| 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ARLPFICO
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $162.0M | ||
| Q3 25 | $94.5M | $134.1M | ||
| Q2 25 | $55.0M | $189.0M | ||
| Q1 25 | $81.3M | $146.6M | ||
| Q4 24 | $137.0M | $184.3M | ||
| Q3 24 | $195.4M | $150.7M | ||
| Q2 24 | $203.7M | $156.0M |
总债务ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | — | $3.2B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.1B |
股东权益ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | — | $-1.8B | ||
| Q3 25 | — | $-1.7B | ||
| Q2 25 | — | $-1.4B | ||
| Q1 25 | — | $-1.1B | ||
| Q4 24 | — | $-1.1B | ||
| Q3 24 | — | $-962.7M | ||
| Q2 24 | — | $-829.3M |
总资产ARLPFICO
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.9B | ||
| Q3 25 | $2.9B | $1.9B | ||
| Q2 25 | $2.9B | $1.9B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | $3.0B | $1.7B | ||
| Q2 24 | $3.1B | $1.7B |
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 | — | $174.1M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $173.9M |
| 自由现金流率自由现金流/营收 | 2.6% | 34.0% |
| 资本支出强度资本支出/营收 | 18.5% | 0.0% |
| 现金转化率经营现金流/净利润 | — | 1.10× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $750.6M |
8季度趋势，按日历期对齐
经营现金流ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $174.1M | ||
| Q3 25 | $209.9M | $223.7M | ||
| Q2 25 | $151.7M | $286.2M | ||
| Q1 25 | $145.7M | $74.9M | ||
| Q4 24 | $168.4M | $194.0M | ||
| Q3 24 | $209.3M | $226.5M | ||
| Q2 24 | $215.8M | $213.3M |
自由现金流ARLPFICO
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $173.9M | ||
| Q3 25 | $145.2M | $219.5M | ||
| Q2 25 | $84.7M | $284.4M | ||
| Q1 25 | $58.9M | $72.8M | ||
| Q4 24 | $75.3M | $193.2M | ||
| Q3 24 | $99.0M | $224.7M | ||
| Q2 24 | $114.3M | $211.6M |
自由现金流率ARLPFICO
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 34.0% | ||
| Q3 25 | 25.4% | 42.6% | ||
| Q2 25 | 15.5% | 53.0% | ||
| Q1 25 | 10.9% | 14.6% | ||
| Q4 24 | 12.8% | 43.9% | ||
| Q3 24 | 16.1% | 49.5% | ||
| Q2 24 | 19.3% | 47.2% |
资本支出强度ARLPFICO
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 0.0% | ||
| Q3 25 | 11.3% | 0.8% | ||
| Q2 25 | 12.2% | 0.3% | ||
| Q1 25 | 16.1% | 0.4% | ||
| Q4 24 | 15.8% | 0.2% | ||
| Q3 24 | 18.0% | 0.4% | ||
| Q2 24 | 17.1% | 0.4% |
现金转化率ARLPFICO
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 1.10× | ||
| Q3 25 | 2.21× | 1.44× | ||
| Q2 25 | 2.55× | 1.57× | ||
| Q1 25 | 1.97× | 0.46× | ||
| Q4 24 | 10.31× | 1.27× | ||
| Q3 24 | 2.43× | 1.67× | ||
| Q2 24 | 2.15× | 1.69× |
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% |
FICO
| Business To Business Scores | $248.6M | 49% |
| Saa S Products | $115.7M | 23% |
| Platform Software | $73.9M | 14% |
| Business To Consumer Scores | $55.9M | 11% |
| Technology Service | $19.2M | 4% |
