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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Penguin Solutions, Inc.（PENG）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Penguin Solutions, Inc.的1.5倍（$516.0M vs $343.1M），ALLIANCE RESOURCE PARTNERS LP净利率更高（2.1% vs 1.5%，领先0.5%），Penguin Solutions, Inc.同比增速更快（0.6% vs -3.6%），Penguin Solutions, Inc.自由现金流更多（$28.2M vs $13.3M），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% 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。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
ARLP vs PENG — 直观对比
营收规模更大
ARLP
是对方的1.5倍
$343.1M
营收增速更快
PENG
高出4.2%
-3.6%
净利率更高
ARLP
高出0.5%
1.5%
自由现金流更多
PENG
多$14.9M
$13.3M
两年增速更快
PENG
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $343.1M |
| 净利润 | $10.7M | $5.3M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 4.2% | 5.7% |
| 净利率 | 2.1% | 1.5% |
| 营收同比 | -3.6% | 0.6% |
| 净利润同比 | — | 1.0% |
| 每股收益（稀释后） | — | $0.04 |
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ARLPPENG
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $343.1M | ||
| Q3 25 | $571.4M | $337.9M | ||
| Q2 25 | $547.5M | $324.3M | ||
| Q1 25 | $540.5M | $365.5M | ||
| Q4 24 | $590.1M | $341.1M | ||
| Q3 24 | $613.6M | $284.8M | ||
| Q2 24 | $593.4M | $300.6M |
净利润ARLPPENG
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $5.3M | ||
| Q3 25 | $95.1M | $9.4M | ||
| Q2 25 | $59.4M | $2.7M | ||
| Q1 25 | $74.0M | $8.1M | ||
| Q4 24 | $16.3M | $5.2M | ||
| Q3 24 | $86.3M | — | ||
| Q2 24 | $100.2M | $5.6M |
毛利率ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 28.6% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.6% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 28.8% | ||
| Q2 24 | — | 29.6% |
营业利润率ARLPPENG
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | 5.7% | ||
| Q3 25 | 18.4% | 3.7% | ||
| Q2 25 | 16.2% | 3.0% | ||
| Q1 25 | 17.4% | 5.1% | ||
| Q4 24 | 2.6% | 5.1% | ||
| Q3 24 | 16.5% | -1.2% | ||
| Q2 24 | 19.8% | 3.8% |
净利率ARLPPENG
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | 1.5% | ||
| Q3 25 | 16.6% | 2.8% | ||
| Q2 25 | 10.9% | 0.8% | ||
| Q1 25 | 13.7% | 2.2% | ||
| Q4 24 | 2.8% | 1.5% | ||
| Q3 24 | 14.1% | — | ||
| Q2 24 | 16.9% | 1.9% |
每股收益（稀释后）ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | — | $0.04 | ||
| Q3 25 | — | $0.10 | ||
| Q2 25 | — | $-0.01 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | — | $0.10 | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $0.10 |
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 | $461.5M |
| 总债务越低越好 | — | $462.3M |
| 股东权益账面价值 | — | $389.7M |
| 总资产 | $2.9B | $1.6B |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资ARLPPENG
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $461.5M | ||
| Q3 25 | $94.5M | $453.8M | ||
| Q2 25 | $55.0M | $735.5M | ||
| Q1 25 | $81.3M | $647.0M | ||
| Q4 24 | $137.0M | $393.7M | ||
| Q3 24 | $195.4M | $389.5M | ||
| Q2 24 | $203.7M | $467.5M |
总债务ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | — | $462.3M | ||
| Q3 25 | — | $461.8M | ||
| Q2 25 | — | $659.5M | ||
| Q1 25 | — | $658.8M | ||
| Q4 24 | — | $658.1M | ||
| Q3 24 | — | $657.3M | ||
| Q2 24 | — | $667.0M |
股东权益ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | — | $389.7M | ||
| Q3 25 | — | $394.2M | ||
| Q2 25 | — | $584.8M | ||
| Q1 25 | — | $602.5M | ||
| Q4 24 | — | $400.4M | ||
| Q3 24 | — | $391.4M | ||
| Q2 24 | — | $423.4M |
总资产ARLPPENG
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.9B | $1.6B | ||
| Q2 25 | $2.9B | $1.8B | ||
| Q1 25 | $2.9B | $1.8B | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $3.0B | $1.5B | ||
| Q2 24 | $3.1B | $1.5B |
负债/权益比ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 1.13× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.68× | ||
| Q2 24 | — | 1.58× |
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 | — | $31.1M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $28.2M |
| 自由现金流率自由现金流/营收 | 2.6% | 8.2% |
| 资本支出强度资本支出/营收 | 18.5% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 5.89× |
| 过去12个月自由现金流最近4个季度 | $342.2M | $116.3M |
8季度趋势，按日历期对齐
经营现金流ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $31.1M | ||
| Q3 25 | $209.9M | $-70.4M | ||
| Q2 25 | $151.7M | $92.8M | ||
| Q1 25 | $145.7M | $72.9M | ||
| Q4 24 | $168.4M | $13.8M | ||
| Q3 24 | $209.3M | — | ||
| Q2 24 | $215.8M | $57.9M |
自由现金流ARLPPENG
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $28.2M | ||
| Q3 25 | $145.2M | $-73.4M | ||
| Q2 25 | $84.7M | $90.9M | ||
| Q1 25 | $58.9M | $70.5M | ||
| Q4 24 | $75.3M | $12.0M | ||
| Q3 24 | $99.0M | — | ||
| Q2 24 | $114.3M | $48.9M |
自由现金流率ARLPPENG
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 8.2% | ||
| Q3 25 | 25.4% | -21.7% | ||
| Q2 25 | 15.5% | 28.0% | ||
| Q1 25 | 10.9% | 19.3% | ||
| Q4 24 | 12.8% | 3.5% | ||
| Q3 24 | 16.1% | — | ||
| Q2 24 | 19.3% | 16.3% |
资本支出强度ARLPPENG
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 0.8% | ||
| Q3 25 | 11.3% | 0.9% | ||
| Q2 25 | 12.2% | 0.6% | ||
| Q1 25 | 16.1% | 0.6% | ||
| Q4 24 | 15.8% | 0.5% | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 17.1% | 3.0% |
现金转化率ARLPPENG
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 5.89× | ||
| Q3 25 | 2.21× | -7.47× | ||
| Q2 25 | 2.55× | 34.88× | ||
| Q1 25 | 1.97× | 9.02× | ||
| Q4 24 | 10.31× | 2.65× | ||
| Q3 24 | 2.43× | — | ||
| Q2 24 | 2.15× | 10.30× |
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% |
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
