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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Real Brokerage Inc（REAX）财务数据对比。点击上方公司名可切换其他公司
Real Brokerage Inc的季度营收约是ALLIANCE RESOURCE PARTNERS LP的1.1倍（$568.5M vs $516.0M），ALLIANCE RESOURCE PARTNERS LP净利率更高（2.1% vs -0.1%，领先2.2%），Real Brokerage Inc同比增速更快（52.6% vs -3.6%），ALLIANCE RESOURCE PARTNERS LP自由现金流更多（$13.3M vs $8.4M）
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。
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
ARLP vs REAX — 直观对比
营收规模更大
REAX
是对方的1.1倍
$516.0M
营收增速更快
REAX
高出56.3%
-3.6%
净利率更高
ARLP
高出2.2%
-0.1%
自由现金流更多
ARLP
多$4.9M
$8.4M
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $568.5M |
| 净利润 | $10.7M | $-447.0K |
| 毛利率 | — | 7.9% |
| 营业利润率 | 4.2% | -0.1% |
| 净利率 | 2.1% | -0.1% |
| 营收同比 | -3.6% | 52.6% |
| 净利润同比 | — | 82.7% |
| 每股收益（稀释后） | — | $0.00 |
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ARLPREAX
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | — | ||
| Q3 25 | $571.4M | $568.5M | ||
| Q2 25 | $547.5M | $540.7M | ||
| Q1 25 | $540.5M | $354.0M | ||
| Q4 24 | $590.1M | — | ||
| Q3 24 | $613.6M | $372.5M | ||
| Q2 24 | $593.4M | — |
净利润ARLPREAX
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | — | ||
| Q3 25 | $95.1M | $-447.0K | ||
| Q2 25 | $59.4M | $1.5M | ||
| Q1 25 | $74.0M | $-5.0M | ||
| Q4 24 | $16.3M | — | ||
| Q3 24 | $86.3M | $-2.6M | ||
| Q2 24 | $100.2M | — |
毛利率ARLPREAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 7.9% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | — | — |
营业利润率ARLPREAX
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | — | ||
| Q3 25 | 18.4% | -0.1% | ||
| Q2 25 | 16.2% | 0.3% | ||
| Q1 25 | 17.4% | -1.5% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 16.5% | -0.7% | ||
| Q2 24 | 19.8% | — |
净利率ARLPREAX
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | — | ||
| Q3 25 | 16.6% | -0.1% | ||
| Q2 25 | 10.9% | 0.3% | ||
| Q1 25 | 13.7% | -1.4% | ||
| Q4 24 | 2.8% | — | ||
| Q3 24 | 14.1% | -0.7% | ||
| Q2 24 | 16.9% | — |
每股收益（稀释后）ARLPREAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $0.00 | ||
| Q2 25 | — | $0.01 | ||
| Q1 25 | — | $-0.02 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-0.01 | ||
| Q2 24 | — | — |
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 | $38.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $53.6M |
| 总资产 | $2.9B | $145.2M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ARLPREAX
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | — | ||
| Q3 25 | $94.5M | $38.7M | ||
| Q2 25 | $55.0M | $49.7M | ||
| Q1 25 | $81.3M | $24.7M | ||
| Q4 24 | $137.0M | — | ||
| Q3 24 | $195.4M | $22.6M | ||
| Q2 24 | $203.7M | — |
股东权益ARLPREAX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $53.6M | ||
| Q2 25 | — | $49.2M | ||
| Q1 25 | — | $32.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $29.8M | ||
| Q2 24 | — | — |
总资产ARLPREAX
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.9B | $145.2M | ||
| Q2 25 | $2.9B | $149.4M | ||
| Q1 25 | $2.9B | $100.5M | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.0B | $102.5M | ||
| Q2 24 | $3.1B | — |
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 | — | $8.8M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $8.4M |
| 自由现金流率自由现金流/营收 | 2.6% | 1.5% |
| 资本支出强度资本支出/营收 | 18.5% | 0.1% |
| 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 | $71.7M |
8季度趋势，按日历期对齐
经营现金流ARLPREAX
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | — | ||
| Q3 25 | $209.9M | $8.8M | ||
| Q2 25 | $151.7M | $41.0M | ||
| Q1 25 | $145.7M | $15.9M | ||
| Q4 24 | $168.4M | — | ||
| Q3 24 | $209.3M | $7.2M | ||
| Q2 24 | $215.8M | — |
自由现金流ARLPREAX
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | — | ||
| Q3 25 | $145.2M | $8.4M | ||
| Q2 25 | $84.7M | $40.8M | ||
| Q1 25 | $58.9M | $15.7M | ||
| Q4 24 | $75.3M | — | ||
| Q3 24 | $99.0M | $6.8M | ||
| Q2 24 | $114.3M | — |
自由现金流率ARLPREAX
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | — | ||
| Q3 25 | 25.4% | 1.5% | ||
| Q2 25 | 15.5% | 7.5% | ||
| Q1 25 | 10.9% | 4.4% | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 16.1% | 1.8% | ||
| Q2 24 | 19.3% | — |
资本支出强度ARLPREAX
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 11.3% | 0.1% | ||
| Q2 25 | 12.2% | 0.0% | ||
| Q1 25 | 16.1% | 0.1% | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 18.0% | 0.1% | ||
| Q2 24 | 17.1% | — |
现金转化率ARLPREAX
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.55× | 27.13× | ||
| Q1 25 | 1.97× | — | ||
| 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% |
REAX
暂无分部数据
