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BKV Corp（BKV）与Devon Energy（DVN）财务数据对比。点击上方公司名可切换其他公司
Devon Energy的季度营收约是BKV Corp的15.4倍（$3.9B vs $255.9M）。BKV Corp净利率更高（27.5% vs 14.3%，领先13.2%）
BKV Corp是一家北美独立能源企业，专注于天然气的可持续勘探、生产与配送，核心运营资产位于阿巴拉契亚盆地，服务区域内公用事业、工业及商业客户，同时投资碳捕获等低碳技术以降低运营排放。
Devon Energy是美国主营油气勘探开发的能源企业，注册地位于特拉华州，运营总部设在俄克拉荷马州俄克拉荷马市的50层Devon Energy中心，业务布局覆盖特拉华盆地、伊格尔福特产区及落基山脉区域。
BKV vs DVN — 直观对比
营收规模更大
DVN
是对方的15.4倍
$255.9M
净利率更高
BKV
高出13.2%
14.3%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $3.9B |
| 净利润 | $70.4M | $562.0M |
| 毛利率 | — | — |
| 营业利润率 | 39.3% | 19.0% |
| 净利率 | 27.5% | 14.3% |
| 营收同比 | — | -12.3% |
| 净利润同比 | — | -12.1% |
| 每股收益（稀释后） | $0.78 | $0.90 |
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BKVDVN
| Q4 25 | $255.9M | $3.9B | ||
| Q3 25 | $199.8M | $4.3B | ||
| Q2 25 | $207.1M | $4.0B | ||
| Q1 25 | $231.0M | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | $133.5M | $3.8B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.7B |
净利润BKVDVN
| Q4 25 | $70.4M | $562.0M | ||
| Q3 25 | $76.8M | $687.0M | ||
| Q2 25 | $104.6M | $899.0M | ||
| Q1 25 | $-78.7M | $494.0M | ||
| Q4 24 | — | $639.0M | ||
| Q3 24 | $12.9M | $812.0M | ||
| Q2 24 | — | $844.0M | ||
| Q1 24 | — | $596.0M |
营业利润率BKVDVN
| Q4 25 | 39.3% | 19.0% | ||
| Q3 25 | 41.2% | 21.5% | ||
| Q2 25 | 62.0% | 28.7% | ||
| Q1 25 | -40.6% | 14.2% | ||
| Q4 24 | — | 18.7% | ||
| Q3 24 | -15.7% | 28.0% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 20.5% |
净利率BKVDVN
| Q4 25 | 27.5% | 14.3% | ||
| Q3 25 | 38.5% | 16.2% | ||
| Q2 25 | 50.5% | 22.2% | ||
| Q1 25 | -34.1% | 10.9% | ||
| Q4 24 | — | 14.2% | ||
| Q3 24 | 9.6% | 21.4% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 15.9% |
每股收益（稀释后）BKVDVN
| Q4 25 | $0.78 | $0.90 | ||
| Q3 25 | $0.90 | $1.09 | ||
| Q2 25 | $1.23 | $1.41 | ||
| Q1 25 | $-0.93 | $0.77 | ||
| Q4 24 | — | $0.98 | ||
| Q3 24 | $0.18 | $1.30 | ||
| Q2 24 | — | $1.34 | ||
| Q1 24 | — | $0.94 |
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 | $199.4M | $1.4B |
| 总债务越低越好 | $486.8M | $8.4B |
| 股东权益账面价值 | $2.0B | $15.5B |
| 总资产 | $3.1B | $31.6B |
| 负债/权益比越低杠杆越低 | 0.24× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资BKVDVN
| Q4 25 | $199.4M | $1.4B | ||
| Q3 25 | $83.1M | $1.2B | ||
| Q2 25 | $21.4M | $1.7B | ||
| Q1 25 | $15.3M | $1.2B | ||
| Q4 24 | — | $811.0M | ||
| Q3 24 | $31.3M | $645.0M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
总债务BKVDVN
| Q4 25 | $486.8M | $8.4B | ||
| Q3 25 | $486.6M | $8.4B | ||
| Q2 25 | $200.0M | $8.9B | ||
| Q1 25 | $200.0M | $8.9B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | $190.0M | $8.9B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.1B |
股东权益BKVDVN
| Q4 25 | $2.0B | $15.5B | ||
| Q3 25 | $1.8B | $15.3B | ||
| Q2 25 | $1.6B | $15.1B | ||
| Q1 25 | $1.5B | $14.5B | ||
| Q4 24 | — | $14.5B | ||
| Q3 24 | $1.6B | $14.3B | ||
| Q2 24 | — | $12.6B | ||
| Q1 24 | — | $12.2B |
总资产BKVDVN
| Q4 25 | $3.1B | $31.6B | ||
| Q3 25 | $2.9B | $31.2B | ||
| Q2 25 | $2.3B | $31.4B | ||
| Q1 25 | $2.3B | $30.9B | ||
| Q4 24 | — | $30.5B | ||
| Q3 24 | $2.3B | $30.3B | ||
| Q2 24 | — | $25.2B | ||
| Q1 24 | — | $25.0B |
负债/权益比BKVDVN
| Q4 25 | 0.24× | 0.54× | ||
| Q3 25 | 0.27× | 0.55× | ||
| Q2 25 | 0.13× | 0.59× | ||
| Q1 25 | 0.13× | 0.61× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | 0.12× | 0.62× | ||
| Q2 24 | — | 0.49× | ||
| Q1 24 | — | 0.51× |
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 | $69.4M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | — | $702.0M |
| 自由现金流率自由现金流/营收 | — | 17.8% |
| 资本支出强度资本支出/营收 | — | 21.1% |
| 现金转化率经营现金流/净利润 | 0.99× | 2.73× |
| 过去12个月自由现金流最近4个季度 | — | $3.1B |
8季度趋势，按日历期对齐
经营现金流BKVDVN
| Q4 25 | $69.4M | $1.5B | ||
| Q3 25 | $74.5M | $1.7B | ||
| Q2 25 | $76.2M | $1.5B | ||
| Q1 25 | $22.6M | $1.9B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.7B |
自由现金流BKVDVN
| Q4 25 | — | $702.0M | ||
| Q3 25 | $-126.9M | $820.0M | ||
| Q2 25 | — | $589.0M | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $738.0M | ||
| Q3 24 | — | $786.0M | ||
| Q2 24 | — | $587.0M | ||
| Q1 24 | — | $844.0M |
自由现金流率BKVDVN
| Q4 25 | — | 17.8% | ||
| Q3 25 | -63.5% | 19.3% | ||
| Q2 25 | — | 14.6% | ||
| Q1 25 | — | 22.2% | ||
| Q4 24 | — | 16.4% | ||
| Q3 24 | — | 20.7% | ||
| Q2 24 | — | 15.1% | ||
| Q1 24 | — | 22.6% |
资本支出强度BKVDVN
| Q4 25 | — | 21.1% | ||
| Q3 25 | 100.9% | 20.5% | ||
| Q2 25 | — | 23.6% | ||
| Q1 25 | — | 20.5% | ||
| Q4 24 | — | 20.6% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 24.3% | ||
| Q1 24 | — | 23.9% |
现金转化率BKVDVN
| Q4 25 | 0.99× | 2.73× | ||
| Q3 25 | 0.97× | 2.46× | ||
| Q2 25 | 0.73× | 1.72× | ||
| Q1 25 | — | 3.93× | ||
| Q4 24 | — | 2.60× | ||
| Q3 24 | — | 2.05× | ||
| Q2 24 | — | 1.82× | ||
| Q1 24 | — | 2.92× |
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
BKV
| Natural Gas NGL And Oil | $249.3M | 97% |
| Related Party And Other | $4.7M | 2% |
| Marketing | $2.8M | 1% |
DVN
| Oil Gas And NGL Sales | $2.6B | 65% |
| Marketing And Midstream Revenues | $1.4B | 35% |
