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ALLIANCE RESOURCE PARTNERS LP（ARLP）与Stitch Fix, Inc.（SFIX）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Stitch Fix, Inc.的1.5倍（$516.0M vs $342.1M），ALLIANCE RESOURCE PARTNERS LP净利率更高（2.1% vs -1.9%，领先3.9%），Stitch Fix, Inc.同比增速更快（7.3% vs -3.6%），ALLIANCE RESOURCE PARTNERS LP自由现金流更多（$13.3M vs $5.6M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% 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。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
ARLP vs SFIX — 直观对比
营收规模更大
ARLP
是对方的1.5倍
$342.1M
营收增速更快
SFIX
高出11.0%
-3.6%
净利率更高
ARLP
高出3.9%
-1.9%
自由现金流更多
ARLP
多$7.7M
$5.6M
两年增速更快
SFIX
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $342.1M |
| 净利润 | $10.7M | $-6.4M |
| 毛利率 | — | 43.6% |
| 营业利润率 | 4.2% | -2.5% |
| 净利率 | 2.1% | -1.9% |
| 营收同比 | -3.6% | 7.3% |
| 净利润同比 | — | -1.7% |
| 每股收益（稀释后） | — | $-0.05 |
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ARLPSFIX
| Q1 26 | $516.0M | — | ||
| Q4 25 | $535.5M | $342.1M | ||
| Q3 25 | $571.4M | $311.2M | ||
| Q2 25 | $547.5M | $325.0M | ||
| Q1 25 | $540.5M | $312.1M | ||
| Q4 24 | $590.1M | $318.8M | ||
| Q3 24 | $613.6M | $319.6M | ||
| Q2 24 | $593.4M | $322.7M |
净利润ARLPSFIX
| Q1 26 | $10.7M | — | ||
| Q4 25 | $82.7M | $-6.4M | ||
| Q3 25 | $95.1M | $-8.6M | ||
| Q2 25 | $59.4M | $-7.4M | ||
| Q1 25 | $74.0M | $-6.5M | ||
| Q4 24 | $16.3M | $-6.3M | ||
| Q3 24 | $86.3M | $-36.5M | ||
| Q2 24 | $100.2M | $-21.3M |
毛利率ARLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 43.6% | ||
| Q2 25 | — | 44.2% | ||
| Q1 25 | — | 44.5% | ||
| Q4 24 | — | 45.4% | ||
| Q3 24 | — | 44.6% | ||
| Q2 24 | — | 45.5% |
营业利润率ARLPSFIX
| Q1 26 | 4.2% | — | ||
| Q4 25 | 18.2% | -2.5% | ||
| Q3 25 | 18.4% | -3.6% | ||
| Q2 25 | 16.2% | -3.0% | ||
| Q1 25 | 17.4% | -2.9% | ||
| Q4 24 | 2.6% | -2.8% | ||
| Q3 24 | 16.5% | -13.1% | ||
| Q2 24 | 19.8% | -7.7% |
净利率ARLPSFIX
| Q1 26 | 2.1% | — | ||
| Q4 25 | 15.4% | -1.9% | ||
| Q3 25 | 16.6% | -2.8% | ||
| Q2 25 | 10.9% | -2.3% | ||
| Q1 25 | 13.7% | -2.1% | ||
| Q4 24 | 2.8% | -2.0% | ||
| Q3 24 | 14.1% | -11.4% | ||
| Q2 24 | 16.9% | -6.6% |
每股收益（稀释后）ARLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.05 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $-0.29 | ||
| Q2 24 | — | $-0.18 |
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 | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $204.1M |
| 总资产 | $2.9B | $530.7M |
| 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ARLPSFIX
| Q1 26 | $28.9M | — | ||
| Q4 25 | $71.2M | $244.2M | ||
| Q3 25 | $94.5M | $234.9M | ||
| Q2 25 | $55.0M | $234.2M | ||
| Q1 25 | $81.3M | $219.1M | ||
| Q4 24 | $137.0M | $253.3M | ||
| Q3 24 | $195.4M | $247.0M | ||
| Q2 24 | $203.7M | $244.5M |
股东权益ARLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | $204.1M | ||
| Q3 25 | — | $203.0M | ||
| Q2 25 | — | $200.4M | ||
| Q1 25 | — | $197.8M | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | $187.0M | ||
| Q2 24 | — | $208.9M |
总资产ARLPSFIX
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $530.7M | ||
| Q3 25 | $2.9B | $480.6M | ||
| Q2 25 | $2.9B | $484.7M | ||
| Q1 25 | $2.9B | $472.6M | ||
| Q4 24 | $2.9B | $507.1M | ||
| Q3 24 | $3.0B | $486.9M | ||
| Q2 24 | $3.1B | $537.0M |
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 | — | $10.9M |
| 自由现金流经营现金流 - 资本支出 | $13.3M | $5.6M |
| 自由现金流率自由现金流/营收 | 2.6% | 1.6% |
| 资本支出强度资本支出/营收 | 18.5% | 1.6% |
| 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 | $4.9M |
8季度趋势，按日历期对齐
经营现金流ARLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $10.9M | ||
| Q3 25 | $209.9M | $7.0M | ||
| Q2 25 | $151.7M | $20.5M | ||
| Q1 25 | $145.7M | $-16.2M | ||
| Q4 24 | $168.4M | $14.3M | ||
| Q3 24 | $209.3M | $8.2M | ||
| Q2 24 | $215.8M | $21.7M |
自由现金流ARLPSFIX
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $5.6M | ||
| Q3 25 | $145.2M | $2.8M | ||
| Q2 25 | $84.7M | $16.0M | ||
| Q1 25 | $58.9M | $-19.4M | ||
| Q4 24 | $75.3M | $9.9M | ||
| Q3 24 | $99.0M | $4.5M | ||
| Q2 24 | $114.3M | $18.9M |
自由现金流率ARLPSFIX
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 1.6% | ||
| Q3 25 | 25.4% | 0.9% | ||
| Q2 25 | 15.5% | 4.9% | ||
| Q1 25 | 10.9% | -6.2% | ||
| Q4 24 | 12.8% | 3.1% | ||
| Q3 24 | 16.1% | 1.4% | ||
| Q2 24 | 19.3% | 5.9% |
资本支出强度ARLPSFIX
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 1.6% | ||
| Q3 25 | 11.3% | 1.4% | ||
| Q2 25 | 12.2% | 1.4% | ||
| Q1 25 | 16.1% | 1.0% | ||
| Q4 24 | 15.8% | 1.4% | ||
| Q3 24 | 18.0% | 1.2% | ||
| Q2 24 | 17.1% | 0.9% |
现金转化率ARLPSFIX
| 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× | — | ||
| 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% |
SFIX
暂无分部数据
