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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Getty图片控股（GETY）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Getty图片控股的1.8倍（$516.0M vs $282.3M），ALLIANCE RESOURCE PARTNERS LP净利率更高（2.1% vs -32.2%，领先34.3%），Getty图片控股同比增速更快（14.1% vs -3.6%），ALLIANCE RESOURCE PARTNERS LP自由现金流更多（$13.3M vs $7.7M），过去两年Getty图片控股的营收复合增速更高（12.7% 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。
盖蒂图片控股是全球知名的视觉素材服务商，面向创意从业者、媒体机构与企业客户，提供正版商用图库、编辑类摄影、视频及音乐素材，旗下素材库规模超过4.77亿件，是全球视觉内容行业的龙头供应商之一。
ARLP vs GETY — 直观对比
营收规模更大
ARLP
是对方的1.8倍
$282.3M
营收增速更快
GETY
高出17.8%
-3.6%
净利率更高
ARLP
高出34.3%
-32.2%
自由现金流更多
ARLP
多$5.6M
$7.7M
两年增速更快
GETY
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $282.3M |
| 净利润 | $10.7M | $-90.9M |
| 毛利率 | — | 74.8% |
| 营业利润率 | 4.2% | -8.5% |
| 净利率 | 2.1% | -32.2% |
| 营收同比 | -3.6% | 14.1% |
| 净利润同比 | — | -467.6% |
| 每股收益（稀释后） | — | $-0.22 |
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ARLPGETY
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $282.3M | ||
| Q3 25 | $571.4M | $240.0M | ||
| Q2 25 | $547.5M | $234.9M | ||
| Q1 25 | $540.5M | $224.1M | ||
| Q4 24 | $590.1M | $247.3M | ||
| Q3 24 | $613.6M | $240.5M | ||
| Q2 24 | $593.4M | $229.1M |
净利润ARLPGETY
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $-90.9M | ||
| Q3 25 | $95.1M | $21.6M | ||
| Q2 25 | $59.4M | $-34.4M | ||
| Q1 25 | $74.0M | $-102.6M | ||
| Q4 24 | $16.3M | $24.7M | ||
| Q3 24 | $86.3M | $-2.5M | ||
| Q2 24 | $100.2M | $3.7M |
毛利率ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | — | 74.8% | ||
| Q3 25 | — | 73.2% | ||
| Q2 25 | — | 72.1% | ||
| Q1 25 | — | 73.1% | ||
| Q4 24 | — | 73.5% | ||
| Q3 24 | — | 73.4% | ||
| Q2 24 | — | 72.5% |
营业利润率ARLPGETY
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | -8.5% | ||
| Q3 25 | 18.4% | 18.8% | ||
| Q2 25 | 16.2% | 15.1% | ||
| Q1 25 | 17.4% | 12.2% | ||
| Q4 24 | 2.6% | 14.5% | ||
| Q3 24 | 16.5% | 23.9% | ||
| Q2 24 | 19.8% | 20.3% |
净利率ARLPGETY
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | -32.2% | ||
| Q3 25 | 16.6% | 9.0% | ||
| Q2 25 | 10.9% | -14.6% | ||
| Q1 25 | 13.7% | -45.8% | ||
| Q4 24 | 2.8% | 10.0% | ||
| Q3 24 | 14.1% | -1.1% | ||
| Q2 24 | 16.9% | 1.6% |
每股收益（稀释后）ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.22 | ||
| Q3 25 | — | $0.05 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $-0.25 | ||
| Q4 24 | — | $0.07 | ||
| Q3 24 | — | $-0.01 | ||
| Q2 24 | — | $0.01 |
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 | $90.2M |
| 总债务越低越好 | — | $1.3B |
| 股东权益账面价值 | — | $552.5M |
| 总资产 | $2.9B | $3.2B |
| 负债/权益比越低杠杆越低 | — | 2.30× |
8季度趋势，按日历期对齐
现金及短期投资ARLPGETY
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $90.2M | ||
| Q3 25 | $94.5M | $109.5M | ||
| Q2 25 | $55.0M | $110.3M | ||
| Q1 25 | $81.3M | $114.6M | ||
| Q4 24 | $137.0M | $121.2M | ||
| Q3 24 | $195.4M | $109.9M | ||
| Q2 24 | $203.7M | $121.7M |
总债务ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
股东权益ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | — | $552.5M | ||
| Q3 25 | — | $634.6M | ||
| Q2 25 | — | $611.2M | ||
| Q1 25 | — | $593.0M | ||
| Q4 24 | — | $670.2M | ||
| Q3 24 | — | $683.4M | ||
| Q2 24 | — | $654.0M |
总资产ARLPGETY
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $3.2B | ||
| Q3 25 | $2.9B | $2.6B | ||
| Q2 25 | $2.9B | $2.6B | ||
| Q1 25 | $2.9B | $2.6B | ||
| Q4 24 | $2.9B | $2.6B | ||
| Q3 24 | $3.0B | $2.6B | ||
| Q2 24 | $3.1B | $2.6B |
负债/权益比ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | — | 2.30× | ||
| Q3 25 | — | 2.11× | ||
| Q2 25 | — | 2.19× | ||
| Q1 25 | — | 2.21× | ||
| Q4 24 | — | 1.96× | ||
| Q3 24 | — | 1.97× | ||
| Q2 24 | — | 2.06× |
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 | — | $20.6M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $7.7M |
| 自由现金流率自由现金流/营收 | 2.6% | 2.7% |
| 资本支出强度资本支出/营收 | 18.5% | 4.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $342.2M | $5.7M |
8季度趋势，按日历期对齐
经营现金流ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $20.6M | ||
| Q3 25 | $209.9M | $22.6M | ||
| Q2 25 | $151.7M | $6.5M | ||
| Q1 25 | $145.7M | $15.4M | ||
| Q4 24 | $168.4M | $39.7M | ||
| Q3 24 | $209.3M | $10.7M | ||
| Q2 24 | $215.8M | $46.4M |
自由现金流ARLPGETY
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $7.7M | ||
| Q3 25 | $145.2M | $7.9M | ||
| Q2 25 | $84.7M | $-9.6M | ||
| Q1 25 | $58.9M | $-322.0K | ||
| Q4 24 | $75.3M | $24.6M | ||
| Q3 24 | $99.0M | $-1.8M | ||
| Q2 24 | $114.3M | $31.1M |
自由现金流率ARLPGETY
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 2.7% | ||
| Q3 25 | 25.4% | 3.3% | ||
| Q2 25 | 15.5% | -4.1% | ||
| Q1 25 | 10.9% | -0.1% | ||
| Q4 24 | 12.8% | 9.9% | ||
| Q3 24 | 16.1% | -0.8% | ||
| Q2 24 | 19.3% | 13.6% |
资本支出强度ARLPGETY
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 4.6% | ||
| Q3 25 | 11.3% | 6.1% | ||
| Q2 25 | 12.2% | 6.9% | ||
| Q1 25 | 16.1% | 7.0% | ||
| Q4 24 | 15.8% | 6.1% | ||
| Q3 24 | 18.0% | 5.2% | ||
| Q2 24 | 17.1% | 6.7% |
现金转化率ARLPGETY
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | — | ||
| Q3 25 | 2.21× | 1.05× | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 10.31× | 1.61× | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.15× | 12.59× |
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% |
GETY
| Creative | $149.0M | 53% |
| Editorial | $109.4M | 39% |
| Other | $23.9M | 8% |
