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ALLIANCE RESOURCE PARTNERS LP（ARLP）与LifeStance Health Group, Inc.（LFST）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LifeStance Health Group, Inc.的1.4倍（$516.0M vs $382.2M），LifeStance Health Group, Inc.净利率更高（3.1% vs 2.1%，领先1.0%），LifeStance Health Group, Inc.同比增速更快（17.4% vs -3.6%），LifeStance Health Group, Inc.自由现金流更多（$46.6M vs $13.3M），过去两年LifeStance Health Group, Inc.的营收复合增速更高（12.8% 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。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
ARLP vs LFST — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $382.2M |
| 净利润 | $10.7M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | 4.7% |
| 净利率 | 2.1% | 3.1% |
| 营收同比 | -3.6% | 17.4% |
| 净利润同比 | — | 264.1% |
| 每股收益（稀释后） | — | — |
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 | $382.2M | ||
| Q3 25 | $571.4M | $363.8M | ||
| Q2 25 | $547.5M | $345.3M | ||
| Q1 25 | $540.5M | $333.0M | ||
| Q4 24 | $590.1M | $325.5M | ||
| Q3 24 | $613.6M | $312.7M | ||
| Q2 24 | $593.4M | $312.3M |
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $11.7M | ||
| Q3 25 | $95.1M | $1.1M | ||
| Q2 25 | $59.4M | $-3.8M | ||
| Q1 25 | $74.0M | $709.0K | ||
| Q4 24 | $16.3M | $-7.1M | ||
| Q3 24 | $86.3M | $-6.0M | ||
| Q2 24 | $100.2M | $-23.3M |
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 4.7% | ||
| Q3 25 | 18.4% | 2.0% | ||
| Q2 25 | 16.2% | -0.9% | ||
| Q1 25 | 17.4% | 0.5% | ||
| Q4 24 | 2.6% | 0.3% | ||
| Q3 24 | 16.5% | 0.0% | ||
| Q2 24 | 19.8% | -5.1% |
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 3.1% | ||
| Q3 25 | 16.6% | 0.3% | ||
| Q2 25 | 10.9% | -1.1% | ||
| Q1 25 | 13.7% | 0.2% | ||
| Q4 24 | 2.8% | -2.2% | ||
| Q3 24 | 14.1% | -1.9% | ||
| Q2 24 | 16.9% | -7.5% |
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 | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | — | $1.5B |
| 总资产 | $2.9B | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $248.6M | ||
| Q3 25 | $94.5M | $203.9M | ||
| Q2 25 | $55.0M | $188.9M | ||
| Q1 25 | $81.3M | $134.3M | ||
| Q4 24 | $137.0M | $154.6M | ||
| Q3 24 | $195.4M | $102.6M | ||
| Q2 24 | $203.7M | $87.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $2.2B | ||
| Q3 25 | $2.9B | $2.1B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $2.9B | $2.1B | ||
| Q4 24 | $2.9B | $2.1B | ||
| Q3 24 | $3.0B | $2.1B | ||
| Q2 24 | $3.1B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× |
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 | — | $57.6M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $46.6M |
| 自由现金流率自由现金流/营收 | 2.6% | 12.2% |
| 资本支出强度资本支出/营收 | 18.5% | 2.9% |
| 现金转化率经营现金流/净利润 | — | 4.93× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $110.0M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $57.6M | ||
| Q3 25 | $209.9M | $27.3M | ||
| Q2 25 | $151.7M | $64.4M | ||
| Q1 25 | $145.7M | $-3.1M | ||
| Q4 24 | $168.4M | $62.3M | ||
| Q3 24 | $209.3M | $22.7M | ||
| Q2 24 | $215.8M | $44.1M |
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $46.6M | ||
| Q3 25 | $145.2M | $17.0M | ||
| Q2 25 | $84.7M | $56.6M | ||
| Q1 25 | $58.9M | $-10.3M | ||
| Q4 24 | $75.3M | $56.0M | ||
| Q3 24 | $99.0M | $17.7M | ||
| Q2 24 | $114.3M | $39.0M |
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 12.2% | ||
| Q3 25 | 25.4% | 4.7% | ||
| Q2 25 | 15.5% | 16.4% | ||
| Q1 25 | 10.9% | -3.1% | ||
| Q4 24 | 12.8% | 17.2% | ||
| Q3 24 | 16.1% | 5.7% | ||
| Q2 24 | 19.3% | 12.5% |
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 2.9% | ||
| Q3 25 | 11.3% | 2.8% | ||
| Q2 25 | 12.2% | 2.2% | ||
| Q1 25 | 16.1% | 2.2% | ||
| Q4 24 | 15.8% | 1.9% | ||
| Q3 24 | 18.0% | 1.6% | ||
| Q2 24 | 17.1% | 1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 4.93× | ||
| Q3 25 | 2.21× | 25.34× | ||
| Q2 25 | 2.55× | — | ||
| Q1 25 | 1.97× | -4.36× | ||
| Q4 24 | 10.31× | — | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.15× | — |
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% |
LFST
暂无分部数据
