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布鲁克菲尔德资产管理（BAM）与Coterra（CTRA）财务数据对比。点击上方公司名可切换其他公司
Coterra的季度营收约是布鲁克菲尔德资产管理的1.6倍（$1.8B vs $1.1B），布鲁克菲尔德资产管理净利率更高（56.7% vs 20.6%，领先36.1%）
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
Coterra Energy Inc.是总部位于美国得克萨斯州休斯敦的能源企业，核心业务为油气勘探开发，运营布局覆盖二叠纪盆地、马塞勒斯页岩区及阿纳达科盆地等北美核心油气产区，具备成熟的勘探开发技术与丰富的项目运营经验。
BAM vs CTRA — 直观对比
营收规模更大
CTRA
是对方的1.6倍
$1.1B
净利率更高
BAM
高出36.1%
20.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.8B |
| 净利润 | $615.0M | $368.0M |
| 毛利率 | — | — |
| 营业利润率 | 84.2% | 31.9% |
| 净利率 | 56.7% | 20.6% |
| 营收同比 | — | 23.8% |
| 净利润同比 | — | 23.9% |
| 每股收益（稀释后） | — | $0.47 |
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BAMCTRA
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $974.0M | $1.8B | ||
| Q2 25 | $931.0M | $1.7B | ||
| Q1 25 | $954.0M | $2.0B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $873.0M | $1.3B | ||
| Q2 24 | $821.0M | $1.3B | ||
| Q1 24 | $786.0M | $1.4B |
净利润BAMCTRA
| Q4 25 | $615.0M | $368.0M | ||
| Q3 25 | $692.0M | $322.0M | ||
| Q2 25 | $584.0M | $511.0M | ||
| Q1 25 | $507.0M | $516.0M | ||
| Q4 24 | — | $297.0M | ||
| Q3 24 | $537.0M | $252.0M | ||
| Q2 24 | $124.0M | $220.0M | ||
| Q1 24 | $373.0M | $352.0M |
营业利润率BAMCTRA
| Q4 25 | 84.2% | 31.9% | ||
| Q3 25 | 79.1% | 26.8% | ||
| Q2 25 | 70.8% | 40.9% | ||
| Q1 25 | 61.0% | 34.8% | ||
| Q4 24 | — | 22.5% | ||
| Q3 24 | 72.5% | 25.3% | ||
| Q2 24 | 80.4% | 23.0% | ||
| Q1 24 | 56.5% | 30.7% |
净利率BAMCTRA
| Q4 25 | 56.7% | 20.6% | ||
| Q3 25 | 71.0% | 18.3% | ||
| Q2 25 | 62.7% | 29.5% | ||
| Q1 25 | 53.1% | 25.6% | ||
| Q4 24 | — | 20.5% | ||
| Q3 24 | 61.5% | 19.5% | ||
| Q2 24 | 15.1% | 17.1% | ||
| Q1 24 | 47.5% | 24.6% |
每股收益（稀释后）BAMCTRA
| Q4 25 | — | $0.47 | ||
| Q3 25 | — | $0.42 | ||
| Q2 25 | — | $0.67 | ||
| Q1 25 | — | $0.68 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $0.34 | ||
| Q2 24 | — | $0.29 | ||
| Q1 24 | — | $0.47 |
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 | $1.6B | $114.0M |
| 总债务越低越好 | — | $3.8B |
| 股东权益账面价值 | $8.9B | $14.8B |
| 总资产 | $17.0B | $24.2B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资BAMCTRA
| Q4 25 | $1.6B | $114.0M | ||
| Q3 25 | $1.1B | $98.0M | ||
| Q2 25 | $480.0M | $192.0M | ||
| Q1 25 | $332.0M | $186.0M | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $843.0M | ||
| Q2 24 | $10.0M | $1.3B | ||
| Q1 24 | — | $1.5B |
总债务BAMCTRA
| Q4 25 | — | $3.8B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $2.7B |
股东权益BAMCTRA
| Q4 25 | $8.9B | $14.8B | ||
| Q3 25 | $8.5B | $14.7B | ||
| Q2 25 | $8.5B | $14.6B | ||
| Q1 25 | $8.5B | $14.2B | ||
| Q4 24 | — | $13.1B | ||
| Q3 24 | $9.0B | $13.0B | ||
| Q2 24 | $3.2B | $13.0B | ||
| Q1 24 | $2.2B | $13.1B |
总资产BAMCTRA
| Q4 25 | $17.0B | $24.2B | ||
| Q3 25 | $16.5B | $24.0B | ||
| Q2 25 | $16.1B | $24.0B | ||
| Q1 25 | $15.0B | $24.0B | ||
| Q4 24 | — | $21.6B | ||
| Q3 24 | — | $20.1B | ||
| Q2 24 | $4.2B | $20.8B | ||
| Q1 24 | — | $21.0B |
负债/权益比BAMCTRA
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | 0.20× |
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 | $562.0M | $970.0M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.91× | 2.64× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BAMCTRA
| Q4 25 | $562.0M | $970.0M | ||
| Q3 25 | $745.0M | $971.0M | ||
| Q2 25 | $529.0M | $936.0M | ||
| Q1 25 | $265.0M | $1.1B | ||
| Q4 24 | — | $626.0M | ||
| Q3 24 | $567.0M | $755.0M | ||
| Q2 24 | $159.0M | $558.0M | ||
| Q1 24 | $516.0M | $856.0M |
现金转化率BAMCTRA
| Q4 25 | 0.91× | 2.64× | ||
| Q3 25 | 1.08× | 3.02× | ||
| Q2 25 | 0.91× | 1.83× | ||
| Q1 25 | 0.52× | 2.22× | ||
| Q4 24 | — | 2.11× | ||
| Q3 24 | 1.06× | 3.00× | ||
| Q2 24 | 1.28× | 2.54× | ||
| Q1 24 | 1.38× | 2.43× |
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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
CTRA
| Oil And Condensate | $941.0M | 53% |
| Natural Gas Production | $615.0M | 34% |
| Natural Gas Liquids Reserves | $206.0M | 12% |
| Other Revenues | $28.0M | 2% |
