vs
Atmos Energy（ATO）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
Atmos Energy的季度营收约是Rivian Automotive, Inc.的1.0倍（$1.3B vs $1.3B），Atmos Energy净利率更高（30.0% vs -63.1%，领先93.1%），Atmos Energy同比增速更快（14.2% vs -25.8%），Atmos Energy自由现金流更多（$-725.3M vs $-1.1B），过去两年Rivian Automotive, Inc.的营收复合增速更高（3.3% vs -9.7%）
Atmos Energy总部位于美国得克萨斯州达拉斯，是美国规模最大的纯天然气分销商之一，业务覆盖美国9个州的1400多个社区，为东起蓝岭山脉、西至落基山脉区域内的约300万天然气用户提供服务。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
ATO vs RIVN — 直观对比
营收规模更大
ATO
是对方的1.0倍
$1.3B
营收增速更快
ATO
高出40.0%
-25.8%
净利率更高
ATO
高出93.1%
-63.1%
自由现金流更多
ATO
多$418.7M
$-1.1B
两年增速更快
RIVN
近两年复合增速
-9.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.3B |
| 净利润 | $403.0M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 38.3% | -64.8% |
| 净利率 | 30.0% | -63.1% |
| 营收同比 | 14.2% | -25.8% |
| 净利润同比 | 14.5% | -9.0% |
| 每股收益（稀释后） | $2.44 | $-0.66 |
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ATORIVN
| Q4 25 | $1.3B | $1.3B | ||
| Q3 25 | $737.5M | $1.6B | ||
| Q2 25 | $838.8M | $1.3B | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $657.9M | $874.0M | ||
| Q2 24 | $701.5M | $1.2B | ||
| Q1 24 | $1.6B | $1.2B |
净利润ATORIVN
| Q4 25 | $403.0M | $-811.0M | ||
| Q3 25 | $174.9M | $-1.2B | ||
| Q2 25 | $186.4M | $-1.1B | ||
| Q1 25 | $485.6M | $-545.0M | ||
| Q4 24 | $351.9M | $-744.0M | ||
| Q3 24 | $134.0M | $-1.1B | ||
| Q2 24 | $165.6M | $-1.5B | ||
| Q1 24 | $432.0M | $-1.4B |
毛利率ATORIVN
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | 60.0% | 16.6% | ||
| Q4 24 | 80.1% | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% | ||
| Q1 24 | 62.1% | -43.8% |
营业利润率ATORIVN
| Q4 25 | 38.3% | -64.8% | ||
| Q3 25 | 29.8% | -63.1% | ||
| Q2 25 | 30.1% | -85.5% | ||
| Q1 25 | 32.2% | -52.8% | ||
| Q4 24 | 39.1% | -38.1% | ||
| Q3 24 | 28.1% | -133.8% | ||
| Q2 24 | 31.4% | -118.7% | ||
| Q1 24 | 33.4% | -123.3% |
净利率ATORIVN
| Q4 25 | 30.0% | -63.1% | ||
| Q3 25 | 23.7% | -75.3% | ||
| Q2 25 | 22.2% | -85.7% | ||
| Q1 25 | 24.9% | -44.0% | ||
| Q4 24 | 29.9% | -42.9% | ||
| Q3 24 | 20.4% | -125.9% | ||
| Q2 24 | 23.6% | -125.8% | ||
| Q1 24 | 26.2% | -120.1% |
每股收益（稀释后）ATORIVN
| Q4 25 | $2.44 | $-0.66 | ||
| Q3 25 | $1.04 | $-0.96 | ||
| Q2 25 | $1.16 | $-0.97 | ||
| Q1 25 | $3.03 | $-0.48 | ||
| Q4 24 | $2.23 | $-0.67 | ||
| Q3 24 | $0.82 | $-1.08 | ||
| Q2 24 | $1.08 | $-1.46 | ||
| Q1 24 | $2.85 | $-1.48 |
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 | $367.0M | $6.1B |
| 总债务越低越好 | $9.6B | — |
| 股东权益账面价值 | $14.3B | $4.6B |
| 总资产 | $29.8B | $14.9B |
| 负债/权益比越低杠杆越低 | 0.67× | — |
8季度趋势，按日历期对齐
现金及短期投资ATORIVN
| Q4 25 | $367.0M | $6.1B | ||
| Q3 25 | $202.7M | $7.1B | ||
| Q2 25 | $709.4M | $7.5B | ||
| Q1 25 | $543.5M | $7.2B | ||
| Q4 24 | $584.5M | $7.7B | ||
| Q3 24 | $307.3M | $6.7B | ||
| Q2 24 | $674.6M | $7.9B | ||
| Q1 24 | $262.5M | $7.9B |
总债务ATORIVN
| Q4 25 | $9.6B | — | ||
| Q3 25 | $8.9B | — | ||
| Q2 25 | $8.9B | — | ||
| Q1 25 | $8.4B | — | ||
| Q4 24 | $8.4B | — | ||
| Q3 24 | $7.8B | — | ||
| Q2 24 | $7.8B | $5.5B | ||
| Q1 24 | $7.4B | $4.4B |
股东权益ATORIVN
| Q4 25 | $14.3B | $4.6B | ||
| Q3 25 | $13.6B | $5.1B | ||
| Q2 25 | $13.4B | $6.1B | ||
| Q1 25 | $13.1B | $6.2B | ||
| Q4 24 | $12.8B | $6.6B | ||
| Q3 24 | $12.2B | $5.9B | ||
| Q2 24 | $12.2B | $6.8B | ||
| Q1 24 | $11.6B | $8.1B |
总资产ATORIVN
| Q4 25 | $29.8B | $14.9B | ||
| Q3 25 | $28.2B | $15.2B | ||
| Q2 25 | $27.7B | $15.6B | ||
| Q1 25 | $27.0B | $15.5B | ||
| Q4 24 | $26.5B | $15.4B | ||
| Q3 24 | $25.2B | $14.3B | ||
| Q2 24 | $24.9B | $15.4B | ||
| Q1 24 | $24.0B | $15.7B |
负债/权益比ATORIVN
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.64× | — | ||
| Q2 24 | 0.64× | 0.81× | ||
| Q1 24 | 0.64× | 0.55× |
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 | $308.1M | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | $-725.3M | $-1.1B |
| 自由现金流率自由现金流/营收 | -54.0% | -89.0% |
| 资本支出强度资本支出/营收 | 77.0% | 36.0% |
| 现金转化率经营现金流/净利润 | 0.76× | — |
| 过去12个月自由现金流最近4个季度 | $-1.6B | $-2.5B |
8季度趋势，按日历期对齐
经营现金流ATORIVN
| Q4 25 | $308.1M | $-681.0M | ||
| Q3 25 | $348.1M | $26.0M | ||
| Q2 25 | $496.4M | $64.0M | ||
| Q1 25 | $922.9M | $-188.0M | ||
| Q4 24 | $282.0M | $1.2B | ||
| Q3 24 | $330.7M | $-876.0M | ||
| Q2 24 | $411.2M | $-754.0M | ||
| Q1 24 | $746.6M | $-1.3B |
自由现金流ATORIVN
| Q4 25 | $-725.3M | $-1.1B | ||
| Q3 25 | $-615.5M | $-421.0M | ||
| Q2 25 | $-370.6M | $-398.0M | ||
| Q1 25 | $83.3M | $-526.0M | ||
| Q4 24 | $-609.2M | $856.0M | ||
| Q3 24 | $-477.3M | $-1.2B | ||
| Q2 24 | $-302.4M | $-1.0B | ||
| Q1 24 | $100.7M | $-1.5B |
自由现金流率ATORIVN
| Q4 25 | -54.0% | -89.0% | ||
| Q3 25 | -83.5% | -27.0% | ||
| Q2 25 | -44.2% | -30.5% | ||
| Q1 25 | 4.3% | -42.4% | ||
| Q4 24 | -51.8% | 49.4% | ||
| Q3 24 | -72.5% | -131.9% | ||
| Q2 24 | -43.1% | -89.6% | ||
| Q1 24 | 6.1% | -126.5% |
资本支出强度ATORIVN
| Q4 25 | 77.0% | 36.0% | ||
| Q3 25 | 130.7% | 28.7% | ||
| Q2 25 | 103.4% | 35.5% | ||
| Q1 25 | 43.0% | 27.3% | ||
| Q4 24 | 75.8% | 18.9% | ||
| Q3 24 | 122.8% | 31.7% | ||
| Q2 24 | 101.7% | 24.4% | ||
| Q1 24 | 39.2% | 21.1% |
现金转化率ATORIVN
| Q4 25 | 0.76× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.66× | — | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 0.80× | — | ||
| Q3 24 | 2.47× | — | ||
| Q2 24 | 2.48× | — | ||
| Q1 24 | 1.73× | — |
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
ATO
| Distribution Segment | $1.3B | 94% |
| Transportation Revenue | $41.5M | 3% |
| Other | $39.4M | 3% |
| Miscellaneous Revenue | $2.8M | 0% |
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
