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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Installed Building Products, Inc.（IBP）财务数据对比。点击上方公司名可切换其他公司
Installed Building Products, Inc.的季度营收约是ALLIANCE RESOURCE PARTNERS LP的1.4倍（$747.5M vs $516.0M），Installed Building Products, Inc.净利率更高（10.2% vs 2.1%，领先8.2%），Installed Building Products, Inc.同比增速更快（-0.4% vs -3.6%），Installed Building Products, Inc.自由现金流更多（$49.3M vs $13.3M），过去两年Installed Building Products, Inc.的营收复合增速更高（3.9% 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。
Installed Building Products, Inc.是美国领先的建筑产品安装服务商，主营绝缘材料、排水沟、车库门、消防系统及窗帘等产品的专业安装服务，覆盖住宅新建、翻新改造及商业建筑三大领域，业务遍及美国大部分地区。
ARLP vs IBP — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $747.5M |
| 净利润 | $10.7M | $76.6M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 4.2% | 14.6% |
| 净利率 | 2.1% | 10.2% |
| 营收同比 | -3.6% | -0.4% |
| 净利润同比 | — | 14.5% |
| 每股收益（稀释后） | — | $2.81 |
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
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $747.5M | ||
| Q3 25 | $571.4M | $778.2M | ||
| Q2 25 | $547.5M | $760.3M | ||
| Q1 25 | $540.5M | $684.8M | ||
| Q4 24 | $590.1M | $750.2M | ||
| Q3 24 | $613.6M | $760.6M | ||
| Q2 24 | $593.4M | $737.6M |
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $76.6M | ||
| Q3 25 | $95.1M | $74.4M | ||
| Q2 25 | $59.4M | $69.0M | ||
| Q1 25 | $74.0M | $45.4M | ||
| Q4 24 | $16.3M | $66.9M | ||
| Q3 24 | $86.3M | $68.6M | ||
| Q2 24 | $100.2M | $65.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 33.6% | ||
| Q3 24 | — | 33.8% | ||
| Q2 24 | — | 34.1% |
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 14.6% | ||
| Q3 25 | 18.4% | 13.7% | ||
| Q2 25 | 16.2% | 13.3% | ||
| Q1 25 | 17.4% | 10.2% | ||
| Q4 24 | 2.6% | 13.1% | ||
| Q3 24 | 16.5% | 13.3% | ||
| Q2 24 | 19.8% | 12.9% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 10.2% | ||
| Q3 25 | 16.6% | 9.6% | ||
| Q2 25 | 10.9% | 9.1% | ||
| Q1 25 | 13.7% | 6.6% | ||
| Q4 24 | 2.8% | 8.9% | ||
| Q3 24 | 14.1% | 9.0% | ||
| Q2 24 | 16.9% | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.81 | ||
| Q3 25 | — | $2.74 | ||
| Q2 25 | — | $2.52 | ||
| Q1 25 | — | $1.64 | ||
| Q4 24 | — | $2.39 | ||
| Q3 24 | — | $2.44 | ||
| Q2 24 | — | $2.30 |
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 | $321.9M |
| 总债务越低越好 | — | $886.6M |
| 股东权益账面价值 | — | $709.9M |
| 总资产 | $2.9B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 1.25× |
8季度趋势，按日历期对齐
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $321.9M | ||
| Q3 25 | $94.5M | $333.3M | ||
| Q2 25 | $55.0M | $305.2M | ||
| Q1 25 | $81.3M | $298.7M | ||
| Q4 24 | $137.0M | $327.6M | ||
| Q3 24 | $195.4M | $406.2M | ||
| Q2 24 | $203.7M | $380.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $886.6M | ||
| Q3 25 | — | $880.8M | ||
| Q2 25 | — | $876.1M | ||
| Q1 25 | — | $872.4M | ||
| Q4 24 | — | $874.8M | ||
| Q3 24 | — | $872.3M | ||
| Q2 24 | — | $875.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $709.9M | ||
| Q3 25 | — | $678.6M | ||
| Q2 25 | — | $664.5M | ||
| Q1 25 | — | $660.9M | ||
| Q4 24 | — | $705.3M | ||
| Q3 24 | — | $716.4M | ||
| Q2 24 | — | $685.3M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $2.1B | ||
| Q3 25 | $2.9B | $2.1B | ||
| Q2 25 | $2.9B | $2.0B | ||
| Q1 25 | $2.9B | $2.0B | ||
| Q4 24 | $2.9B | $2.1B | ||
| Q3 24 | $3.0B | $2.1B | ||
| Q2 24 | $3.1B | $2.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 1.32× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.24× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | — | 1.28× |
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 | — | $64.9M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $49.3M |
| 自由现金流率自由现金流/营收 | 2.6% | 6.6% |
| 资本支出强度资本支出/营收 | 18.5% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 0.85× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $300.8M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $64.9M | ||
| Q3 25 | $209.9M | $124.0M | ||
| Q2 25 | $151.7M | $90.4M | ||
| Q1 25 | $145.7M | $92.1M | ||
| Q4 24 | $168.4M | $74.8M | ||
| Q3 24 | $209.3M | $101.4M | ||
| Q2 24 | $215.8M | $79.0M |
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $49.3M | ||
| Q3 25 | $145.2M | $104.8M | ||
| Q2 25 | $84.7M | $74.8M | ||
| Q1 25 | $58.9M | $71.9M | ||
| Q4 24 | $75.3M | $52.9M | ||
| Q3 24 | $99.0M | $77.3M | ||
| Q2 24 | $114.3M | $58.2M |
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 6.6% | ||
| Q3 25 | 25.4% | 13.5% | ||
| Q2 25 | 15.5% | 9.8% | ||
| Q1 25 | 10.9% | 10.5% | ||
| Q4 24 | 12.8% | 7.1% | ||
| Q3 24 | 16.1% | 10.2% | ||
| Q2 24 | 19.3% | 7.9% |
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 2.1% | ||
| Q3 25 | 11.3% | 2.5% | ||
| Q2 25 | 12.2% | 2.1% | ||
| Q1 25 | 16.1% | 2.9% | ||
| Q4 24 | 15.8% | 2.9% | ||
| Q3 24 | 18.0% | 3.2% | ||
| Q2 24 | 17.1% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 0.85× | ||
| Q3 25 | 2.21× | 1.67× | ||
| Q2 25 | 2.55× | 1.31× | ||
| Q1 25 | 1.97× | 2.03× | ||
| Q4 24 | 10.31× | 1.12× | ||
| Q3 24 | 2.43× | 1.48× | ||
| Q2 24 | 2.15× | 1.21× |
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% |
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
