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Atmus Filtration Technologies Inc.（ATMU）与GENESIS ENERGY LP（GEL）财务数据对比。点击上方公司名可切换其他公司
Atmus Filtration Technologies Inc.的季度营收约是GENESIS ENERGY LP的1.0倍（$446.6M vs $440.8M），Atmus Filtration Technologies Inc.净利率更高（10.7% vs 4.5%，领先6.2%），GENESIS ENERGY LP同比增速更快（10.5% vs 9.8%），GENESIS ENERGY LP自由现金流更多（$87.0M vs $31.2M），过去两年Atmus Filtration Technologies Inc.的营收复合增速更高（2.3% vs 0.7%）
Atmus过滤技术公司是一家专业过滤解决方案提供商，研发、生产和销售空气、燃油、机油、液压等多场景过滤系统，服务全球汽车、重型车辆、工业设备、航空航天领域的原厂配套及售后替换市场。
Genesis Energy LP是一家总部位于美国的中游能源合伙企业，主营原油、天然气、成品油及特种工业原料的基础设施运营与物流服务，旗下资产涵盖管道、仓储码头、海运设施及铁路物流枢纽，为北美地区的炼油厂、工业客户及能源分销商提供服务。
ATMU vs GEL — 直观对比
营收规模更大
ATMU
是对方的1.0倍
$440.8M
营收增速更快
GEL
高出0.7%
9.8%
净利率更高
ATMU
高出6.2%
4.5%
自由现金流更多
GEL
多$55.8M
$31.2M
两年增速更快
ATMU
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $446.6M | $440.8M |
| 净利润 | $48.0M | $19.9M |
| 毛利率 | 28.5% | — |
| 营业利润率 | 15.8% | 20.4% |
| 净利率 | 10.7% | 4.5% |
| 营收同比 | 9.8% | 10.5% |
| 净利润同比 | 19.7% | 140.2% |
| 每股收益（稀释后） | $0.58 | $0.04 |
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ATMUGEL
| Q4 25 | $446.6M | $440.8M | ||
| Q3 25 | $447.7M | $414.0M | ||
| Q2 25 | $453.5M | $377.3M | ||
| Q1 25 | $416.5M | $398.3M | ||
| Q4 24 | $406.7M | $398.9M | ||
| Q3 24 | $403.7M | $397.3M | ||
| Q2 24 | $432.6M | $430.2M | ||
| Q1 24 | $426.6M | $434.4M |
净利润ATMUGEL
| Q4 25 | $48.0M | $19.9M | ||
| Q3 25 | $54.8M | $9.2M | ||
| Q2 25 | $59.9M | $-406.0K | ||
| Q1 25 | $44.7M | $-469.1M | ||
| Q4 24 | $40.1M | $-49.4M | ||
| Q3 24 | $43.8M | $-17.2M | ||
| Q2 24 | $56.2M | $-8.7M | ||
| Q1 24 | $45.5M | $11.4M |
毛利率ATMUGEL
| Q4 25 | 28.5% | — | ||
| Q3 25 | 28.9% | — | ||
| Q2 25 | 28.9% | — | ||
| Q1 25 | 26.5% | — | ||
| Q4 24 | 26.3% | — | ||
| Q3 24 | 27.6% | — | ||
| Q2 24 | 30.5% | — | ||
| Q1 24 | 26.2% | — |
营业利润率ATMUGEL
| Q4 25 | 15.8% | 20.4% | ||
| Q3 25 | 18.3% | 19.0% | ||
| Q2 25 | 18.0% | 17.9% | ||
| Q1 25 | 15.6% | 5.5% | ||
| Q4 24 | 13.4% | 3.4% | ||
| Q3 24 | 15.7% | 12.2% | ||
| Q2 24 | 18.4% | 11.6% | ||
| Q1 24 | 16.1% | 13.4% |
净利率ATMUGEL
| Q4 25 | 10.7% | 4.5% | ||
| Q3 25 | 12.2% | 2.2% | ||
| Q2 25 | 13.2% | -0.1% | ||
| Q1 25 | 10.7% | -117.8% | ||
| Q4 24 | 9.9% | -12.4% | ||
| Q3 24 | 10.8% | -4.3% | ||
| Q2 24 | 13.0% | -2.0% | ||
| Q1 24 | 10.7% | 2.6% |
每股收益（稀释后）ATMUGEL
| Q4 25 | $0.58 | $0.04 | ||
| Q3 25 | $0.66 | $-0.05 | ||
| Q2 25 | $0.72 | $-0.12 | ||
| Q1 25 | $0.54 | $-4.06 | ||
| Q4 24 | $0.49 | $-0.58 | ||
| Q3 24 | $0.52 | $-0.32 | ||
| Q2 24 | $0.67 | $-0.25 | ||
| Q1 24 | $0.54 | $-0.09 |
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 | $236.4M | $6.4M |
| 总债务越低越好 | $570.0M | $3.0B |
| 股东权益账面价值 | $378.5M | — |
| 总资产 | $1.4B | $4.9B |
| 负债/权益比越低杠杆越低 | 1.51× | — |
8季度趋势，按日历期对齐
现金及短期投资ATMUGEL
| Q4 25 | $236.4M | $6.4M | ||
| Q3 25 | $218.3M | $4.9M | ||
| Q2 25 | $190.8M | $4.5M | ||
| Q1 25 | $183.3M | $377.4M | ||
| Q4 24 | $184.3M | $7.4M | ||
| Q3 24 | $196.8M | $13.0M | ||
| Q2 24 | $160.5M | $13.7M | ||
| Q1 24 | $149.2M | $7.0M |
总债务ATMUGEL
| Q4 25 | $570.0M | $3.0B | ||
| Q3 25 | $577.5M | $3.1B | ||
| Q2 25 | $585.0M | $3.1B | ||
| Q1 25 | $588.8M | $3.4B | ||
| Q4 24 | $592.5M | $3.7B | ||
| Q3 24 | $596.2M | $4.0B | ||
| Q2 24 | $600.0M | $3.9B | ||
| Q1 24 | $600.0M | $3.8B |
股东权益ATMUGEL
| Q4 25 | $378.5M | — | ||
| Q3 25 | $336.7M | — | ||
| Q2 25 | $316.3M | — | ||
| Q1 25 | $265.3M | — | ||
| Q4 24 | $227.4M | — | ||
| Q3 24 | $221.2M | — | ||
| Q2 24 | $178.1M | — | ||
| Q1 24 | $121.8M | — |
总资产ATMUGEL
| Q4 25 | $1.4B | $4.9B | ||
| Q3 25 | $1.3B | $4.9B | ||
| Q2 25 | $1.3B | $4.8B | ||
| Q1 25 | $1.2B | $5.2B | ||
| Q4 24 | $1.2B | $7.0B | ||
| Q3 24 | $1.2B | $7.1B | ||
| Q2 24 | $1.2B | $7.0B | ||
| Q1 24 | $1.1B | $6.9B |
负债/权益比ATMUGEL
| Q4 25 | 1.51× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.61× | — | ||
| Q3 24 | 2.70× | — | ||
| Q2 24 | 3.37× | — | ||
| Q1 24 | 4.93× | — |
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 | $47.5M | $110.8M |
| 自由现金流经营现金流 - 资本支出 | $31.2M | $87.0M |
| 自由现金流率自由现金流/营收 | 7.0% | 19.7% |
| 资本支出强度资本支出/营收 | 3.6% | 5.4% |
| 现金转化率经营现金流/净利润 | 0.99× | 5.58× |
| 过去12个月自由现金流最近4个季度 | $148.8M | $65.9M |
8季度趋势，按日历期对齐
经营现金流ATMUGEL
| Q4 25 | $47.5M | $110.8M | ||
| Q3 25 | $82.1M | $70.3M | ||
| Q2 25 | $44.4M | $47.0M | ||
| Q1 25 | $28.7M | $24.8M | ||
| Q4 24 | $20.0M | $74.0M | ||
| Q3 24 | $70.7M | $87.3M | ||
| Q2 24 | $22.9M | $104.7M | ||
| Q1 24 | $-8.2M | $125.9M |
自由现金流ATMUGEL
| Q4 25 | $31.2M | $87.0M | ||
| Q3 25 | $68.9M | $43.3M | ||
| Q2 25 | $32.4M | $-7.6M | ||
| Q1 25 | $16.3M | $-56.8M | ||
| Q4 24 | $10.0M | $-47.1M | ||
| Q3 24 | $54.3M | $-32.3M | ||
| Q2 24 | $11.3M | $-67.5M | ||
| Q1 24 | $-18.8M | $-48.3M |
自由现金流率ATMUGEL
| Q4 25 | 7.0% | 19.7% | ||
| Q3 25 | 15.4% | 10.5% | ||
| Q2 25 | 7.1% | -2.0% | ||
| Q1 25 | 3.9% | -14.3% | ||
| Q4 24 | 2.5% | -11.8% | ||
| Q3 24 | 13.5% | -8.1% | ||
| Q2 24 | 2.6% | -15.7% | ||
| Q1 24 | -4.4% | -11.1% |
资本支出强度ATMUGEL
| Q4 25 | 3.6% | 5.4% | ||
| Q3 25 | 2.9% | 6.5% | ||
| Q2 25 | 2.6% | 14.5% | ||
| Q1 25 | 3.0% | 20.5% | ||
| Q4 24 | 2.5% | 30.3% | ||
| Q3 24 | 4.1% | 30.1% | ||
| Q2 24 | 2.7% | 40.0% | ||
| Q1 24 | 2.5% | 40.1% |
现金转化率ATMUGEL
| Q4 25 | 0.99× | 5.58× | ||
| Q3 25 | 1.50× | 7.63× | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.50× | — | ||
| Q3 24 | 1.61× | — | ||
| Q2 24 | 0.41× | — | ||
| Q1 24 | -0.18× | 11.09× |
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
ATMU
| Fuel Products | $219.1M | 49% |
| Lube | $84.8M | 19% |
| Air | $74.0M | 17% |
| Other | $68.7M | 15% |
| Related Party | $14.9M | 3% |
GEL
| Onshore Facilities And Transportation Revenue | $204.2M | 46% |
| Offshore Pipeline Transportation Revenue | $154.3M | 35% |
| Marine Transportation Revenue | $82.2M | 19% |
