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ALLIANCE RESOURCE PARTNERS LP（ARLP）与JBT Marel Corp（JBTM）财务数据对比。点击上方公司名可切换其他公司
JBT Marel Corp的季度营收约是ALLIANCE RESOURCE PARTNERS LP的2.0倍（$1.0B vs $516.0M），JBT Marel Corp净利率更高（5.3% vs 2.1%，领先3.2%），JBT Marel Corp同比增速更快（115.6% vs -3.6%），JBT Marel Corp自由现金流更多（$83.5M vs $13.3M），过去两年JBT Marel Corp的营收复合增速更高（60.3% 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。
JBT Marel Corp（原称JBT公司、约翰宾技术公司）是主营食品加工机械及自动化车辆的企业，2008年由FMC技术公司拆分非能源业务独立注册成立，总部位于美国伊利诺伊州芝加哥，发展历史可追溯至1884年加州洛斯加托斯果园主约翰·宾创办的企业。
ARLP vs JBTM — 直观对比
营收规模更大
JBTM
是对方的2.0倍
$516.0M
营收增速更快
JBTM
高出119.2%
-3.6%
净利率更高
JBTM
高出3.2%
2.1%
自由现金流更多
JBTM
多$70.2M
$13.3M
两年增速更快
JBTM
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $1.0B |
| 净利润 | $10.7M | $53.1M |
| 毛利率 | — | 34.5% |
| 营业利润率 | 4.2% | 7.2% |
| 净利率 | 2.1% | 5.3% |
| 营收同比 | -3.6% | 115.6% |
| 净利润同比 | — | 858.6% |
| 每股收益（稀释后） | — | $1.04 |
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ARLPJBTM
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $1.0B | ||
| Q3 25 | $571.4M | $1.0B | ||
| Q2 25 | $547.5M | $934.8M | ||
| Q1 25 | $540.5M | $854.1M | ||
| Q4 24 | $590.1M | $467.6M | ||
| Q3 24 | $613.6M | $453.8M | ||
| Q2 24 | $593.4M | $402.3M |
净利润ARLPJBTM
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $53.1M | ||
| Q3 25 | $95.1M | $66.0M | ||
| Q2 25 | $59.4M | $3.4M | ||
| Q1 25 | $74.0M | $-173.0M | ||
| Q4 24 | $16.3M | $-7.0M | ||
| Q3 24 | $86.3M | $38.9M | ||
| Q2 24 | $100.2M | $30.7M |
毛利率ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | — | 34.5% | ||
| Q3 25 | — | 35.9% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 34.2% | ||
| Q4 24 | — | 38.4% | ||
| Q3 24 | — | 36.1% | ||
| Q2 24 | — | 35.6% |
营业利润率ARLPJBTM
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 7.2% | ||
| Q3 25 | 18.4% | 10.2% | ||
| Q2 25 | 16.2% | 5.2% | ||
| Q1 25 | 17.4% | -3.9% | ||
| Q4 24 | 2.6% | 3.4% | ||
| Q3 24 | 16.5% | 10.3% | ||
| Q2 24 | 19.8% | 6.7% |
净利率ARLPJBTM
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 5.3% | ||
| Q3 25 | 16.6% | 6.6% | ||
| Q2 25 | 10.9% | 0.4% | ||
| Q1 25 | 13.7% | -20.3% | ||
| Q4 24 | 2.8% | -1.5% | ||
| Q3 24 | 14.1% | 8.6% | ||
| Q2 24 | 16.9% | 7.6% |
每股收益（稀释后）ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.04 | ||
| Q3 25 | — | $1.26 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | — | $-3.35 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | — | $1.21 | ||
| Q2 24 | — | $0.95 |
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 | $167.9M |
| 总债务越低越好 | — | $1.5B |
| 股东权益账面价值 | — | $4.5B |
| 总资产 | $2.9B | $8.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资ARLPJBTM
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $167.9M | ||
| Q3 25 | $94.5M | — | ||
| Q2 25 | $55.0M | — | ||
| Q1 25 | $81.3M | — | ||
| Q4 24 | $137.0M | $1.2B | ||
| Q3 24 | $195.4M | — | ||
| Q2 24 | $203.7M | — |
总债务ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $648.3M | ||
| Q2 24 | — | $647.7M |
股东权益ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | — | $4.5B | ||
| Q3 25 | — | $4.4B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.1B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.5B |
总资产ARLPJBTM
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $8.2B | ||
| Q3 25 | $2.9B | $8.2B | ||
| Q2 25 | $2.9B | $8.3B | ||
| Q1 25 | $2.9B | $8.0B | ||
| Q4 24 | $2.9B | $3.4B | ||
| Q3 24 | $3.0B | $2.8B | ||
| Q2 24 | $3.1B | $2.7B |
负债/权益比ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 0.81× | ||
| Q3 24 | — | 0.41× | ||
| Q2 24 | — | 0.43× |
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 | — | $117.4M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $83.5M |
| 自由现金流率自由现金流/营收 | 2.6% | 8.3% |
| 资本支出强度资本支出/营收 | 18.5% | 3.4% |
| 现金转化率经营现金流/净利润 | — | 2.21× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $238.1M |
8季度趋势，按日历期对齐
经营现金流ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $117.4M | ||
| Q3 25 | $209.9M | $87.7M | ||
| Q2 25 | $151.7M | $102.2M | ||
| Q1 25 | $145.7M | $34.4M | ||
| Q4 24 | $168.4M | $128.7M | ||
| Q3 24 | $209.3M | $71.9M | ||
| Q2 24 | $215.8M | $21.6M |
自由现金流ARLPJBTM
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $83.5M | ||
| Q3 25 | $145.2M | $56.5M | ||
| Q2 25 | $84.7M | $83.7M | ||
| Q1 25 | $58.9M | $14.4M | ||
| Q4 24 | $75.3M | $118.7M | ||
| Q3 24 | $99.0M | $65.0M | ||
| Q2 24 | $114.3M | $11.1M |
自由现金流率ARLPJBTM
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 8.3% | ||
| Q3 25 | 25.4% | 5.6% | ||
| Q2 25 | 15.5% | 9.0% | ||
| Q1 25 | 10.9% | 1.7% | ||
| Q4 24 | 12.8% | 25.4% | ||
| Q3 24 | 16.1% | 14.3% | ||
| Q2 24 | 19.3% | 2.8% |
资本支出强度ARLPJBTM
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 3.4% | ||
| Q3 25 | 11.3% | 3.1% | ||
| Q2 25 | 12.2% | 2.0% | ||
| Q1 25 | 16.1% | 2.3% | ||
| Q4 24 | 15.8% | 2.1% | ||
| Q3 24 | 18.0% | 1.5% | ||
| Q2 24 | 17.1% | 2.6% |
现金转化率ARLPJBTM
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 2.21× | ||
| Q3 25 | 2.21× | 1.33× | ||
| Q2 25 | 2.55× | 30.06× | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 10.31× | — | ||
| Q3 24 | 2.43× | 1.85× | ||
| Q2 24 | 2.15× | 0.70× |
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% |
JBTM
暂无分部数据
