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爱玛客（ARMK）与切尼尔能源（LNG）财务数据对比。点击上方公司名可切换其他公司
切尼尔能源的季度营收约是爱玛客的1.1倍（$5.4B vs $4.8B），切尼尔能源净利率更高（42.8% vs 2.0%，领先40.8%），切尼尔能源同比增速更快（20.3% vs 6.1%），切尼尔能源自由现金流更多（$1.3B vs $-904.4M），过去两年切尼尔能源的营收复合增速更高（14.3% vs 7.3%）
爱玛客是美国知名的餐饮服务与设施管理服务商，服务覆盖教育、司法监管、医疗、企业、休闲文旅等多个领域，业务遍布北美地区及英国、德国、智利、爱尔兰、西班牙在内的14个国家，为各场景客户提供专业后勤支持解决方案。
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
ARMK vs LNG — 直观对比
营收规模更大
LNG
是对方的1.1倍
$4.8B
营收增速更快
LNG
高出14.1%
6.1%
净利率更高
LNG
高出40.8%
2.0%
自由现金流更多
LNG
多$2.2B
$-904.4M
两年增速更快
LNG
近两年复合增速
7.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $5.4B |
| 净利润 | $96.2M | $2.3B |
| 毛利率 | — | — |
| 营业利润率 | 4.5% | 70.8% |
| 净利率 | 2.0% | 42.8% |
| 营收同比 | 6.1% | 20.3% |
| 净利润同比 | -9.0% | 135.6% |
| 每股收益（稀释后） | $0.36 | $10.51 |
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ARMKLNG
| Q1 26 | $4.8B | — | ||
| Q4 25 | $5.0B | $5.4B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | $4.6B | $4.5B | ||
| Q1 25 | $4.3B | $5.3B | ||
| Q4 24 | $4.6B | $4.5B | ||
| Q3 24 | $4.4B | $3.7B | ||
| Q2 24 | $4.4B | $3.1B |
净利润ARMKLNG
| Q1 26 | $96.2M | — | ||
| Q4 25 | $87.1M | $2.3B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | $71.8M | $1.6B | ||
| Q1 25 | $61.9M | $353.0M | ||
| Q4 24 | $105.6M | $977.0M | ||
| Q3 24 | $122.4M | $893.0M | ||
| Q2 24 | $58.1M | $880.0M |
营业利润率ARMKLNG
| Q1 26 | 4.5% | — | ||
| Q4 25 | 4.3% | 70.8% | ||
| Q3 25 | — | 42.3% | ||
| Q2 25 | 3.9% | 56.1% | ||
| Q1 25 | 4.1% | 18.2% | ||
| Q4 24 | 4.8% | 38.9% | ||
| Q3 24 | 5.0% | 44.7% | ||
| Q2 24 | 3.7% | 50.5% |
净利率ARMKLNG
| Q1 26 | 2.0% | — | ||
| Q4 25 | 1.7% | 42.8% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | 1.6% | 36.1% | ||
| Q1 25 | 1.4% | 6.7% | ||
| Q4 24 | 2.3% | 21.9% | ||
| Q3 24 | 2.8% | 24.2% | ||
| Q2 24 | 1.3% | 28.0% |
每股收益（稀释后）ARMKLNG
| Q1 26 | $0.36 | — | ||
| Q4 25 | $0.33 | $10.51 | ||
| Q3 25 | — | $4.75 | ||
| Q2 25 | $0.27 | $7.30 | ||
| Q1 25 | $0.23 | $1.57 | ||
| Q4 24 | $0.39 | $4.30 | ||
| Q3 24 | $0.46 | $3.93 | ||
| Q2 24 | $0.22 | $3.84 |
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 | $439.6M | $1.1B |
| 总债务越低越好 | $6.2B | $22.5B |
| 股东权益账面价值 | $3.2B | $7.9B |
| 总资产 | $13.5B | $47.9B |
| 负债/权益比越低杠杆越低 | 1.94× | 2.84× |
8季度趋势，按日历期对齐
现金及短期投资ARMKLNG
| Q1 26 | $439.6M | — | ||
| Q4 25 | $639.1M | $1.1B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | $501.5M | $1.6B | ||
| Q1 25 | $920.5M | $2.5B | ||
| Q4 24 | $484.1M | $2.6B | ||
| Q3 24 | $672.5M | $2.7B | ||
| Q2 24 | $436.1M | $2.4B |
总债务ARMKLNG
| Q1 26 | $6.2B | — | ||
| Q4 25 | $5.4B | $22.5B | ||
| Q3 25 | — | $22.0B | ||
| Q2 25 | $6.3B | $22.0B | ||
| Q1 25 | $6.1B | $22.5B | ||
| Q4 24 | $5.0B | $22.6B | ||
| Q3 24 | $4.3B | $22.5B | ||
| Q2 24 | $5.0B | $22.6B |
股东权益ARMKLNG
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.1B | $7.9B | ||
| Q3 25 | — | $6.7B | ||
| Q2 25 | $3.1B | $6.7B | ||
| Q1 25 | $3.0B | $5.6B | ||
| Q4 24 | $3.1B | $5.7B | ||
| Q3 24 | $3.0B | $5.1B | ||
| Q2 24 | $2.9B | $4.5B |
总资产ARMKLNG
| Q1 26 | $13.5B | — | ||
| Q4 25 | $13.3B | $47.9B | ||
| Q3 25 | — | $45.1B | ||
| Q2 25 | $13.3B | $44.6B | ||
| Q1 25 | $13.5B | $43.5B | ||
| Q4 24 | $12.7B | $43.9B | ||
| Q3 24 | $12.7B | $43.1B | ||
| Q2 24 | $12.5B | $42.3B |
负债/权益比ARMKLNG
| Q1 26 | 1.94× | — | ||
| Q4 25 | 1.71× | 2.84× | ||
| Q3 25 | — | 3.25× | ||
| Q2 25 | 2.03× | 3.28× | ||
| Q1 25 | 2.02× | 4.03× | ||
| Q4 24 | 1.61× | 3.96× | ||
| Q3 24 | 1.42× | 4.42× | ||
| Q2 24 | 1.71× | 5.06× |
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 | $-782.2M | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $-904.4M | $1.3B |
| 自由现金流率自由现金流/营收 | -18.7% | 24.4% |
| 资本支出强度资本支出/营收 | 2.5% | 13.8% |
| 现金转化率经营现金流/净利润 | -8.13× | 0.89× |
| 过去12个月自由现金流最近4个季度 | — | $2.5B |
8季度趋势，按日历期对齐
经营现金流ARMKLNG
| Q1 26 | $-782.2M | — | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | $76.7M | $831.0M | ||
| Q1 25 | $255.9M | $1.2B | ||
| Q4 24 | $-587.2M | $1.6B | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $140.7M | $1.1B |
自由现金流ARMKLNG
| Q1 26 | $-904.4M | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $738.0M | ||
| Q2 25 | $-34.7M | $-193.0M | ||
| Q1 25 | $140.1M | $605.0M | ||
| Q4 24 | $-707.0M | $1.1B | ||
| Q3 24 | $882.3M | $875.0M | ||
| Q2 24 | $55.6M | $613.0M |
自由现金流率ARMKLNG
| Q1 26 | -18.7% | — | ||
| Q4 25 | — | 24.4% | ||
| Q3 25 | — | 17.2% | ||
| Q2 25 | -0.8% | -4.3% | ||
| Q1 25 | 3.3% | 11.4% | ||
| Q4 24 | -15.5% | 24.0% | ||
| Q3 24 | 20.0% | 23.8% | ||
| Q2 24 | 1.3% | 19.5% |
资本支出强度ARMKLNG
| Q1 26 | 2.5% | — | ||
| Q4 25 | 2.8% | 13.8% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | 2.4% | 22.7% | ||
| Q1 25 | 2.7% | 11.8% | ||
| Q4 24 | 2.6% | 12.7% | ||
| Q3 24 | 3.2% | 14.0% | ||
| Q2 24 | 1.9% | 16.0% |
现金转化率ARMKLNG
| Q1 26 | -8.13× | — | ||
| Q4 25 | — | 0.89× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | 1.07× | 0.51× | ||
| Q1 25 | 4.14× | 3.48× | ||
| Q4 24 | -5.56× | 1.68× | ||
| Q3 24 | 8.35× | 1.56× | ||
| Q2 24 | 2.42× | 1.27× |
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
ARMK
| Education | $1.1B | 22% |
| Sports Leisure Corrections | $961.2M | 20% |
| Food And Support Services International | $847.8M | 18% |
| Other | $621.6M | 13% |
| Businessand Industry | $510.6M | 11% |
| Health Care | $421.3M | 9% |
| Facility Services | $382.9M | 8% |
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
