vs
ALLIANCE RESOURCE PARTNERS LP（ARLP）与Kosmos Energy Ltd.（KOS）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Kosmos Energy Ltd.的1.8倍（$516.0M vs $294.6M），ALLIANCE RESOURCE PARTNERS LP同比增速更快（-3.6% vs -25.9%），过去两年ALLIANCE RESOURCE PARTNERS LP的营收复合增速更高（-6.7% vs -16.5%）
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。
科斯莫斯能源是一家美国上游石油企业，总部位于得克萨斯州达拉斯。公司目前在加纳、赤道几内亚近海以及墨西哥湾开展油气生产与开发业务，在毛里塔尼亚、塞内加尔近海拥有开发项目，还在纳米比亚、圣多美和普林西比、苏里南近海持有勘探许可。
ARLP vs KOS — 直观对比
营收规模更大
ARLP
是对方的1.8倍
$294.6M
营收增速更快
ARLP
高出22.3%
-25.9%
两年增速更快
ARLP
近两年复合增速
-16.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $294.6M |
| 净利润 | $10.7M | — |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | -125.7% |
| 净利率 | 2.1% | — |
| 营收同比 | -3.6% | -25.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $-0.80 |
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ARLPKOS
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $294.6M | ||
| Q3 25 | $571.4M | $311.0M | ||
| Q2 25 | $547.5M | $392.6M | ||
| Q1 25 | $540.5M | $290.1M | ||
| Q4 24 | $590.1M | $397.6M | ||
| Q3 24 | $613.6M | $407.8M | ||
| Q2 24 | $593.4M | $447.8M |
净利润ARLPKOS
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | — | ||
| Q3 25 | $95.1M | $-124.3M | ||
| Q2 25 | $59.4M | $-87.7M | ||
| Q1 25 | $74.0M | $-110.6M | ||
| Q4 24 | $16.3M | — | ||
| Q3 24 | $86.3M | $45.0M | ||
| Q2 24 | $100.2M | $59.8M |
营业利润率ARLPKOS
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | -125.7% | ||
| Q3 25 | 18.4% | -34.2% | ||
| Q2 25 | 16.2% | -16.2% | ||
| Q1 25 | 17.4% | -32.4% | ||
| Q4 24 | 2.6% | -8.5% | ||
| Q3 24 | 16.5% | 26.1% | ||
| Q2 24 | 19.8% | 30.2% |
净利率ARLPKOS
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.6% | -40.0% | ||
| Q2 25 | 10.9% | -22.3% | ||
| Q1 25 | 13.7% | -38.1% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 14.1% | 11.0% | ||
| Q2 24 | 16.9% | 13.3% |
每股收益（稀释后）ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.80 | ||
| Q3 25 | — | $-0.26 | ||
| Q2 25 | — | $-0.18 | ||
| Q1 25 | — | $-0.23 | ||
| Q4 24 | — | $0.00 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | — | $0.12 |
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 | $91.5M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | — | $528.6M |
| 总资产 | $2.9B | $4.7B |
| 负债/权益比越低杠杆越低 | — | 5.78× |
8季度趋势，按日历期对齐
现金及短期投资ARLPKOS
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $91.5M | ||
| Q3 25 | $94.5M | $64.0M | ||
| Q2 25 | $55.0M | $51.7M | ||
| Q1 25 | $81.3M | $49.8M | ||
| Q4 24 | $137.0M | $85.0M | ||
| Q3 24 | $195.4M | $51.6M | ||
| Q2 24 | $203.7M | $173.8M |
总债务ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | — | $528.6M | ||
| Q3 25 | — | $898.8M | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B |
总资产ARLPKOS
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $4.7B | ||
| Q3 25 | $2.9B | $5.1B | ||
| Q2 25 | $2.9B | $5.2B | ||
| Q1 25 | $2.9B | $5.3B | ||
| Q4 24 | $2.9B | $5.3B | ||
| Q3 24 | $3.0B | $5.5B | ||
| Q2 24 | $3.1B | $5.4B |
负债/权益比ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | — | 5.78× | ||
| Q3 25 | — | 3.31× | ||
| Q2 25 | — | 2.80× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.29× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $35.3M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 18.5% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $35.3M | ||
| Q3 25 | $209.9M | $-27.6M | ||
| Q2 25 | $151.7M | $127.2M | ||
| Q1 25 | $145.7M | $-888.0K | ||
| Q4 24 | $168.4M | $175.7M | ||
| Q3 24 | $209.3M | $6.3M | ||
| Q2 24 | $215.8M | $223.7M |
自由现金流ARLPKOS
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | — | ||
| Q3 25 | $145.2M | — | ||
| Q2 25 | $84.7M | — | ||
| Q1 25 | $58.9M | — | ||
| Q4 24 | $75.3M | — | ||
| Q3 24 | $99.0M | — | ||
| Q2 24 | $114.3M | — |
自由现金流率ARLPKOS
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | — | ||
| Q3 25 | 25.4% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 10.9% | — | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 19.3% | — |
资本支出强度ARLPKOS
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 16.1% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.1% | — |
现金转化率ARLPKOS
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 10.31× | — | ||
| Q3 24 | 2.43× | 0.14× | ||
| Q2 24 | 2.15× | 3.74× |
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% |
KOS
| Ghana Segment | $134.6M | 46% |
| Gulf Of America | $80.7M | 27% |
| Mauritania And Senegal | $54.9M | 19% |
| Equatorial Guinea Segment | $24.3M | 8% |
