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ALLIANCE RESOURCE PARTNERS LP（ARLP）与SouthState Bank Corp（SSB）财务数据对比。点击上方公司名可切换其他公司
SouthState Bank Corp的季度营收约是ALLIANCE RESOURCE PARTNERS LP的1.3倍（$661.7M vs $516.0M），SouthState Bank Corp净利率更高（34.1% vs 2.1%，领先32.0%），过去两年SouthState Bank Corp的营收复合增速更高（37.4% 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。
SouthState Bank总部位于美国佛罗里达州温特黑文，是银行控股公司SouthState Corporation旗下的银行子公司。截至2025年5月26日，该行已在南卡罗来纳、北卡罗来纳、佐治亚、佛罗里达、阿拉巴马、弗吉尼亚、科罗拉多、得克萨斯八州设有371家营业网点，为当地客户提供各类银行金融服务。
ARLP vs SSB — 直观对比
营收规模更大
SSB
是对方的1.3倍
$516.0M
净利率更高
SSB
高出32.0%
2.1%
两年增速更快
SSB
近两年复合增速
-6.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $516.0M | $661.7M |
| 净利润 | $10.7M | $225.8M |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | 15.1% |
| 净利率 | 2.1% | 34.1% |
| 营收同比 | -3.6% | — |
| 净利润同比 | — | 153.5% |
| 每股收益（稀释后） | — | $2.28 |
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ARLPSSB
| Q1 26 | $516.0M | $661.7M | ||
| Q4 25 | $535.5M | $581.1M | ||
| Q3 25 | $571.4M | $599.7M | ||
| Q2 25 | $547.5M | $577.9M | ||
| Q1 25 | $540.5M | $544.5M | ||
| Q4 24 | $590.1M | $369.8M | ||
| Q3 24 | $613.6M | $351.5M | ||
| Q2 24 | $593.4M | $350.3M |
净利润ARLPSSB
| Q1 26 | $10.7M | $225.8M | ||
| Q4 25 | $82.7M | $247.7M | ||
| Q3 25 | $95.1M | $246.6M | ||
| Q2 25 | $59.4M | $215.2M | ||
| Q1 25 | $74.0M | $89.1M | ||
| Q4 24 | $16.3M | $144.2M | ||
| Q3 24 | $86.3M | $143.2M | ||
| Q2 24 | $100.2M | $132.4M |
营业利润率ARLPSSB
| Q1 26 | 4.2% | 15.1% | ||
| Q4 25 | 18.2% | 54.3% | ||
| Q3 25 | 18.4% | 53.6% | ||
| Q2 25 | 16.2% | 48.8% | ||
| Q1 25 | 17.4% | 22.3% | ||
| Q4 24 | 2.6% | 50.7% | ||
| Q3 24 | 16.5% | 53.1% | ||
| Q2 24 | 19.8% | 49.3% |
净利率ARLPSSB
| Q1 26 | 2.1% | 34.1% | ||
| Q4 25 | 15.4% | 42.6% | ||
| Q3 25 | 16.6% | 41.1% | ||
| Q2 25 | 10.9% | 37.2% | ||
| Q1 25 | 13.7% | 16.4% | ||
| Q4 24 | 2.8% | 39.0% | ||
| Q3 24 | 14.1% | 40.7% | ||
| Q2 24 | 16.9% | 37.8% |
每股收益（稀释后）ARLPSSB
| Q1 26 | — | $2.28 | ||
| Q4 25 | — | $2.47 | ||
| Q3 25 | — | $2.42 | ||
| Q2 25 | — | $2.11 | ||
| Q1 25 | — | $0.87 | ||
| Q4 24 | — | $1.88 | ||
| Q3 24 | — | $1.86 | ||
| Q2 24 | — | $1.73 |
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 | $2.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $9.0B |
| 总资产 | $2.9B | $68.0B |
| 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ARLPSSB
| Q1 26 | $28.9M | $2.9B | ||
| Q4 25 | $71.2M | — | ||
| Q3 25 | $94.5M | — | ||
| Q2 25 | $55.0M | — | ||
| Q1 25 | $81.3M | — | ||
| Q4 24 | $137.0M | — | ||
| Q3 24 | $195.4M | — | ||
| Q2 24 | $203.7M | — |
股东权益ARLPSSB
| Q1 26 | — | $9.0B | ||
| Q4 25 | — | $9.1B | ||
| Q3 25 | — | $9.0B | ||
| Q2 25 | — | $8.8B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | — | $5.9B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | — | $5.7B |
总资产ARLPSSB
| Q1 26 | $2.9B | $68.0B | ||
| Q4 25 | $2.9B | $67.2B | ||
| Q3 25 | $2.9B | $66.0B | ||
| Q2 25 | $2.9B | $65.9B | ||
| Q1 25 | $2.9B | $65.1B | ||
| Q4 24 | $2.9B | $46.4B | ||
| Q3 24 | $3.0B | $46.1B | ||
| Q2 24 | $3.1B | $45.5B |
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 | — | — |
| 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ARLPSSB
| Q1 26 | — | — | ||
| Q4 25 | $143.9M | $232.1M | ||
| Q3 25 | $209.9M | $122.4M | ||
| Q2 25 | $151.7M | $72.6M | ||
| Q1 25 | $145.7M | $-126.3M | ||
| Q4 24 | $168.4M | $354.3M | ||
| Q3 24 | $209.3M | $-246.8M | ||
| Q2 24 | $215.8M | $126.8M |
自由现金流ARLPSSB
| Q1 26 | $13.3M | — | ||
| Q4 25 | $99.1M | $215.5M | ||
| Q3 25 | $145.2M | $101.7M | ||
| Q2 25 | $84.7M | $52.5M | ||
| Q1 25 | $58.9M | $-139.1M | ||
| Q4 24 | $75.3M | $340.9M | ||
| Q3 24 | $99.0M | $-254.2M | ||
| Q2 24 | $114.3M | $117.3M |
自由现金流率ARLPSSB
| Q1 26 | 2.6% | — | ||
| Q4 25 | 18.5% | 37.1% | ||
| Q3 25 | 25.4% | 17.0% | ||
| Q2 25 | 15.5% | 9.1% | ||
| Q1 25 | 10.9% | -25.5% | ||
| Q4 24 | 12.8% | 92.2% | ||
| Q3 24 | 16.1% | -72.3% | ||
| Q2 24 | 19.3% | 33.5% |
资本支出强度ARLPSSB
| Q1 26 | 18.5% | — | ||
| Q4 25 | 8.4% | 2.9% | ||
| Q3 25 | 11.3% | 3.5% | ||
| Q2 25 | 12.2% | 3.5% | ||
| Q1 25 | 16.1% | 2.4% | ||
| Q4 24 | 15.8% | 3.6% | ||
| Q3 24 | 18.0% | 2.1% | ||
| Q2 24 | 17.1% | 2.7% |
现金转化率ARLPSSB
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 0.94× | ||
| Q3 25 | 2.21× | 0.50× | ||
| Q2 25 | 2.55× | 0.34× | ||
| Q1 25 | 1.97× | -1.42× | ||
| Q4 24 | 10.31× | 2.46× | ||
| Q3 24 | 2.43× | -1.72× | ||
| Q2 24 | 2.15× | 0.96× |
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% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
