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Archrock, Inc.（AROC）与DT Midstream, Inc.（DTM）财务数据对比。点击上方公司名可切换其他公司
Archrock, Inc.的季度营收约是DT Midstream, Inc.的1.2倍（$377.1M vs $317.0M）。DT Midstream, Inc.净利率更高（35.0% vs 31.0%，领先4.0%）。DT Midstream, Inc.同比增速更快（27.3% vs 15.5%）。Archrock, Inc.自由现金流更多（$126.7M vs $30.0M）。过去两年Archrock, Inc.的营收复合增速更高（18.5% vs 14.9%）
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。
ONEOK是美国油气中游运营商，总部位于俄克拉荷马州塔尔萨，为油气行业提供收集、处理、分馏、运输及存储服务，是财富500强企业及标普500指数成分股。公司1906年成立时名为俄克拉荷马天然气公司，1980年更为现名。
AROC vs DTM — 直观对比
营收规模更大
AROC
是对方的1.2倍
$317.0M
营收增速更快
DTM
高出11.8%
15.5%
净利率更高
DTM
高出4.0%
31.0%
自由现金流更多
AROC
多$96.7M
$30.0M
两年增速更快
AROC
近两年复合增速
14.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $377.1M | $317.0M |
| 净利润 | $116.8M | $111.0M |
| 毛利率 | 53.0% | — |
| 营业利润率 | 39.4% | 49.2% |
| 净利率 | 31.0% | 35.0% |
| 营收同比 | 15.5% | 27.3% |
| 净利润同比 | 95.4% | 52.1% |
| 每股收益（稀释后） | $0.67 | $1.07 |
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AROCDTM
| Q4 25 | $377.1M | $317.0M | ||
| Q3 25 | $382.4M | $314.0M | ||
| Q2 25 | $383.2M | $309.0M | ||
| Q1 25 | $347.2M | $303.0M | ||
| Q4 24 | $326.4M | $249.0M | ||
| Q3 24 | $292.2M | $248.0M | ||
| Q2 24 | $270.5M | $244.0M | ||
| Q1 24 | $268.5M | $240.0M |
净利润AROCDTM
| Q4 25 | $116.8M | $111.0M | ||
| Q3 25 | $71.2M | $115.0M | ||
| Q2 25 | $63.4M | $107.0M | ||
| Q1 25 | $70.8M | $108.0M | ||
| Q4 24 | $59.8M | $73.0M | ||
| Q3 24 | $37.5M | $88.0M | ||
| Q2 24 | $34.4M | $96.0M | ||
| Q1 24 | $40.5M | $97.0M |
毛利率AROCDTM
| 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AROCDTM
| Q4 25 | 39.4% | 49.2% | ||
| Q3 25 | 25.3% | 49.4% | ||
| Q2 25 | 22.5% | 50.2% | ||
| Q1 25 | 26.5% | 48.8% | ||
| Q4 24 | 24.0% | 45.4% | ||
| Q3 24 | 18.1% | 49.2% | ||
| Q2 24 | 17.6% | 53.3% | ||
| Q1 24 | 20.0% | 51.7% |
净利率AROCDTM
| Q4 25 | 31.0% | 35.0% | ||
| Q3 25 | 18.6% | 36.6% | ||
| Q2 25 | 16.6% | 34.6% | ||
| Q1 25 | 20.4% | 35.6% | ||
| Q4 24 | 18.3% | 29.3% | ||
| Q3 24 | 12.8% | 35.5% | ||
| Q2 24 | 12.7% | 39.3% | ||
| Q1 24 | 15.1% | 40.4% |
每股收益（稀释后）AROCDTM
| Q4 25 | $0.67 | $1.07 | ||
| Q3 25 | $0.40 | $1.13 | ||
| Q2 25 | $0.36 | $1.04 | ||
| Q1 25 | $0.40 | $1.06 | ||
| Q4 24 | $0.35 | $0.73 | ||
| Q3 24 | $0.22 | $0.90 | ||
| Q2 24 | $0.22 | $0.98 | ||
| Q1 24 | $0.26 | $0.99 |
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 | $54.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.5B | $4.7B |
| 总资产 | $4.3B | $10.1B |
| 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AROCDTM
| Q4 25 | $1.6M | $54.0M | ||
| Q3 25 | $4.1M | $98.0M | ||
| Q2 25 | $5.9M | $74.0M | ||
| Q1 25 | $4.8M | $83.0M | ||
| Q4 24 | $4.4M | $68.0M | ||
| Q3 24 | $3.7M | $77.0M | ||
| Q2 24 | $919.0K | $73.0M | ||
| Q1 24 | $1.2M | $41.0M |
总债务AROCDTM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AROCDTM
| Q4 25 | $1.5B | $4.7B | ||
| Q3 25 | $1.4B | $4.7B | ||
| Q2 25 | $1.4B | $4.7B | ||
| Q1 25 | $1.3B | $4.6B | ||
| Q4 24 | $1.3B | $4.6B | ||
| Q3 24 | $1.3B | $4.2B | ||
| Q2 24 | $894.5M | $4.2B | ||
| Q1 24 | $882.1M | $4.2B |
总资产AROCDTM
| Q4 25 | $4.3B | $10.1B | ||
| Q3 25 | $4.4B | $10.1B | ||
| Q2 25 | $4.4B | $10.0B | ||
| Q1 25 | $4.0B | $9.9B | ||
| Q4 24 | $3.8B | $9.9B | ||
| Q3 24 | $3.8B | $8.6B | ||
| Q2 24 | $2.7B | $9.0B | ||
| Q1 24 | $2.7B | $9.0B |
负债/权益比AROCDTM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $161.0M |
| 自由现金流经营现金流 - 资本支出 | $126.7M | $30.0M |
| 自由现金流率自由现金流/营收 | 33.6% | 9.5% |
| 资本支出强度资本支出/营收 | 23.3% | 41.3% |
| 现金转化率经营现金流/净利润 | 1.84× | 1.45× |
| 过去12个月自由现金流最近4个季度 | $119.6M | $441.0M |
8季度趋势，按日历期对齐
经营现金流AROCDTM
| Q4 25 | $214.5M | $161.0M | ||
| Q3 25 | $164.5M | $274.0M | ||
| Q2 25 | $127.5M | $185.0M | ||
| Q1 25 | $115.6M | $247.0M | ||
| Q4 24 | $124.3M | $152.0M | ||
| Q3 24 | $96.9M | $205.0M | ||
| Q2 24 | $70.7M | $165.0M | ||
| Q1 24 | $137.7M | $241.0M |
自由现金流AROCDTM
| Q4 25 | $126.7M | $30.0M | ||
| Q3 25 | $29.5M | $131.0M | ||
| Q2 25 | $16.0M | $104.0M | ||
| Q1 25 | $-52.5M | $176.0M | ||
| Q4 24 | $26.4M | $62.0M | ||
| Q3 24 | $26.9M | $124.0M | ||
| Q2 24 | $-20.6M | $84.0M | ||
| Q1 24 | $37.9M | $143.0M |
自由现金流率AROCDTM
| Q4 25 | 33.6% | 9.5% | ||
| Q3 25 | 7.7% | 41.7% | ||
| Q2 25 | 4.2% | 33.7% | ||
| Q1 25 | -15.1% | 58.1% | ||
| Q4 24 | 8.1% | 24.9% | ||
| Q3 24 | 9.2% | 50.0% | ||
| Q2 24 | -7.6% | 34.4% | ||
| Q1 24 | 14.1% | 59.6% |
资本支出强度AROCDTM
| Q4 25 | 23.3% | 41.3% | ||
| Q3 25 | 35.3% | 45.5% | ||
| Q2 25 | 29.1% | 26.2% | ||
| Q1 25 | 48.4% | 23.4% | ||
| Q4 24 | 30.0% | 36.1% | ||
| Q3 24 | 24.0% | 32.7% | ||
| Q2 24 | 33.7% | 33.2% | ||
| Q1 24 | 37.2% | 40.8% |
现金转化率AROCDTM
| Q4 25 | 1.84× | 1.45× | ||
| Q3 25 | 2.31× | 2.38× | ||
| Q2 25 | 2.01× | 1.73× | ||
| Q1 25 | 1.63× | 2.29× | ||
| Q4 24 | 2.08× | 2.08× | ||
| Q3 24 | 2.58× | 2.33× | ||
| Q2 24 | 2.05× | 1.72× | ||
| Q1 24 | 3.40× | 2.48× |
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% |
DTM
| Pipeline Segment | $173.0M | 55% |
| Gathering Segment | $144.0M | 45% |
