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Archrock, Inc.（AROC）与Cheniere Energy Partners, L.P.（CQP）财务数据对比。点击上方公司名可切换其他公司
Cheniere Energy Partners, L.P.的季度营收约是Archrock, Inc.的7.7倍（$2.9B vs $377.1M）。Cheniere Energy Partners, L.P.净利率更高（44.2% vs 31.0%，领先13.3%）。Cheniere Energy Partners, L.P.同比增速更快（18.3% vs 15.5%）。Cheniere Energy Partners, L.P.自由现金流更多（$864.0M vs $126.7M）。过去两年Archrock, Inc.的营收复合增速更高（18.5% vs 12.6%）
Archrock, Inc. 是领先的天然气压缩服务及相关设备解决方案供应商，主要服务北美油气领域，核心业务涵盖压缩系统租赁、维护、售后支持及销售，覆盖上游生产、中游运输与天然气加工板块。
本公司为油气领域经营主体，营收数据以十亿美元为统计单位，通常由企业自行披露，同时也会由中立可靠的权威媒体公开报道。受汇率波动、合同结算、年中产品或服务调整等因素影响，已发布数据后续可能进行修订或重述。除特殊说明外，财年区间为每年1月1日至12月31日。
AROC vs CQP — 直观对比
营收规模更大
CQP
是对方的7.7倍
$377.1M
营收增速更快
CQP
高出2.8%
15.5%
净利率更高
CQP
高出13.3%
31.0%
自由现金流更多
CQP
多$737.3M
$126.7M
两年增速更快
AROC
近两年复合增速
12.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $377.1M | $2.9B |
| 净利润 | $116.8M | $1.3B |
| 毛利率 | 53.0% | — |
| 营业利润率 | 39.4% | 50.5% |
| 净利率 | 31.0% | 44.2% |
| 营收同比 | 15.5% | 18.3% |
| 净利润同比 | 95.4% | 106.6% |
| 每股收益（稀释后） | $0.67 | — |
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AROCCQP
| Q4 25 | $377.1M | $2.9B | ||
| Q3 25 | $382.4M | $2.4B | ||
| Q2 25 | $383.2M | $2.5B | ||
| Q1 25 | $347.2M | $3.0B | ||
| Q4 24 | $326.4M | $2.5B | ||
| Q3 24 | $292.2M | $2.1B | ||
| Q2 24 | $270.5M | $1.9B | ||
| Q1 24 | $268.5M | $2.3B |
净利润AROCCQP
| Q4 25 | $116.8M | $1.3B | ||
| Q3 25 | $71.2M | $506.0M | ||
| Q2 25 | $63.4M | $553.0M | ||
| Q1 25 | $70.8M | $641.0M | ||
| Q4 24 | $59.8M | $623.0M | ||
| Q3 24 | $37.5M | $635.0M | ||
| Q2 24 | $34.4M | $570.0M | ||
| Q1 24 | $40.5M | $682.0M |
毛利率AROCCQP
| Q4 25 | 53.0% | — | ||
| Q3 25 | 48.5% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 47.4% | — | ||
| Q4 24 | 46.3% | — | ||
| Q3 24 | 44.4% | — | ||
| Q2 24 | 41.5% | — | ||
| Q1 24 | 42.1% | — |
营业利润率AROCCQP
| Q4 25 | 39.4% | 50.5% | ||
| Q3 25 | 25.3% | 29.0% | ||
| Q2 25 | 22.5% | 29.1% | ||
| Q1 25 | 26.5% | 27.6% | ||
| Q4 24 | 24.0% | 33.0% | ||
| Q3 24 | 18.1% | 40.2% | ||
| Q2 24 | 17.6% | 40.4% | ||
| Q1 24 | 20.0% | 38.1% |
净利率AROCCQP
| Q4 25 | 31.0% | 44.2% | ||
| Q3 25 | 18.6% | 21.0% | ||
| Q2 25 | 16.6% | 22.5% | ||
| Q1 25 | 20.4% | 21.4% | ||
| Q4 24 | 18.3% | 25.3% | ||
| Q3 24 | 12.8% | 30.9% | ||
| Q2 24 | 12.7% | 30.1% | ||
| Q1 24 | 15.1% | 29.7% |
每股收益（稀释后）AROCCQP
| Q4 25 | $0.67 | — | ||
| Q3 25 | $0.40 | — | ||
| Q2 25 | $0.36 | — | ||
| Q1 25 | $0.40 | — | ||
| Q4 24 | $0.35 | — | ||
| Q3 24 | $0.22 | — | ||
| Q2 24 | $0.22 | — | ||
| Q1 24 | $0.26 | — |
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 | $1.6M | $182.0M |
| 总债务越低越好 | — | $14.2B |
| 股东权益账面价值 | $1.5B | — |
| 总资产 | $4.3B | $17.4B |
| 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AROCCQP
| Q4 25 | $1.6M | $182.0M | ||
| Q3 25 | $4.1M | $121.0M | ||
| Q2 25 | $5.9M | $108.0M | ||
| Q1 25 | $4.8M | $94.0M | ||
| Q4 24 | $4.4M | $270.0M | ||
| Q3 24 | $3.7M | $331.0M | ||
| Q2 24 | $919.0K | $351.0M | ||
| Q1 24 | $1.2M | $333.0M |
总债务AROCCQP
| Q4 25 | — | $14.2B | ||
| Q3 25 | — | $14.2B | ||
| Q2 25 | — | $14.2B | ||
| Q1 25 | — | $14.7B | ||
| Q4 24 | — | $14.8B | ||
| Q3 24 | — | $14.8B | ||
| Q2 24 | — | $14.8B | ||
| Q1 24 | — | $13.6B |
股东权益AROCCQP
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $894.5M | — | ||
| Q1 24 | $882.1M | — |
总资产AROCCQP
| Q4 25 | $4.3B | $17.4B | ||
| Q3 25 | $4.4B | $16.8B | ||
| Q2 25 | $4.4B | $16.9B | ||
| Q1 25 | $4.0B | $17.1B | ||
| Q4 24 | $3.8B | $17.5B | ||
| Q3 24 | $3.8B | $17.4B | ||
| Q2 24 | $2.7B | $17.5B | ||
| Q1 24 | $2.7B | $17.5B |
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 | $214.5M | $887.0M |
| 自由现金流经营现金流 - 资本支出 | $126.7M | $864.0M |
| 自由现金流率自由现金流/营收 | 33.6% | 29.7% |
| 资本支出强度资本支出/营收 | 23.3% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.84× | 0.69× |
| 过去12个月自由现金流最近4个季度 | $119.6M | $2.6B |
8季度趋势，按日历期对齐
经营现金流AROCCQP
| Q4 25 | $214.5M | $887.0M | ||
| Q3 25 | $164.5M | $658.0M | ||
| Q2 25 | $127.5M | $558.0M | ||
| Q1 25 | $115.6M | $665.0M | ||
| Q4 24 | $124.3M | $876.0M | ||
| Q3 24 | $96.9M | $691.0M | ||
| Q2 24 | $70.7M | $732.0M | ||
| Q1 24 | $137.7M | $669.0M |
自由现金流AROCCQP
| Q4 25 | $126.7M | $864.0M | ||
| Q3 25 | $29.5M | $610.0M | ||
| Q2 25 | $16.0M | $490.0M | ||
| Q1 25 | $-52.5M | $605.0M | ||
| Q4 24 | $26.4M | $827.0M | ||
| Q3 24 | $26.9M | $652.0M | ||
| Q2 24 | $-20.6M | $702.0M | ||
| Q1 24 | $37.9M | $633.0M |
自由现金流率AROCCQP
| Q4 25 | 33.6% | 29.7% | ||
| Q3 25 | 7.7% | 25.4% | ||
| Q2 25 | 4.2% | 20.0% | ||
| Q1 25 | -15.1% | 20.2% | ||
| Q4 24 | 8.1% | 33.6% | ||
| Q3 24 | 9.2% | 31.7% | ||
| Q2 24 | -7.6% | 37.1% | ||
| Q1 24 | 14.1% | 27.6% |
资本支出强度AROCCQP
| Q4 25 | 23.3% | 0.8% | ||
| Q3 25 | 35.3% | 2.0% | ||
| Q2 25 | 29.1% | 2.8% | ||
| Q1 25 | 48.4% | 2.0% | ||
| Q4 24 | 30.0% | 2.0% | ||
| Q3 24 | 24.0% | 1.9% | ||
| Q2 24 | 33.7% | 1.6% | ||
| Q1 24 | 37.2% | 1.6% |
现金转化率AROCCQP
| Q4 25 | 1.84× | 0.69× | ||
| Q3 25 | 2.31× | 1.30× | ||
| Q2 25 | 2.01× | 1.01× | ||
| Q1 25 | 1.63× | 1.04× | ||
| Q4 24 | 2.08× | 1.41× | ||
| Q3 24 | 2.58× | 1.09× | ||
| Q2 24 | 2.05× | 1.28× | ||
| Q1 24 | 3.40× | 0.98× |
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
AROC
| Horsepower Group Three | $112.6M | 30% |
| Horsepower Group Two | $108.5M | 29% |
| Horsepower Group One | $105.9M | 28% |
| Services | $32.9M | 9% |
| Over Counter Parts And Component Sales | $17.0M | 5% |
| Transferred At Point In Time | $1.4M | 0% |
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
