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BKV Corp（BKV）与LINDSAY CORP（LNN）财务数据对比。点击上方公司名可切换其他公司
BKV Corp的季度营收约是LINDSAY CORP的1.7倍（$255.9M vs $150.7M），BKV Corp净利率更高（27.5% vs 11.0%，领先16.5%）
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。
林赛公司总部位于美国内布拉斯加州奥马哈市，原名林赛制造公司，核心产品为旗下Zimmatic品牌中心枢轴灌溉系统，此外还生产农业机械、工程机械，以及公路与铁路基础设施设备。
BKV vs LNN — 直观对比
营收规模更大
BKV
是对方的1.7倍
$150.7M
净利率更高
BKV
高出16.5%
11.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $150.7M |
| 净利润 | $70.4M | $16.5M |
| 毛利率 | — | 33.3% |
| 营业利润率 | 39.3% | 13.0% |
| 净利率 | 27.5% | 11.0% |
| 营收同比 | — | -6.1% |
| 净利润同比 | — | -3.7% |
| 每股收益（稀释后） | $0.78 | $1.54 |
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BKVLNN
| Q4 25 | $255.9M | $150.7M | ||
| Q3 25 | $199.8M | $149.0M | ||
| Q2 25 | $207.1M | $165.7M | ||
| Q1 25 | $231.0M | $183.8M | ||
| Q4 24 | — | $160.5M | ||
| Q3 24 | $133.5M | $149.4M | ||
| Q2 24 | — | $133.7M | ||
| Q1 24 | — | $146.8M |
净利润BKVLNN
| Q4 25 | $70.4M | $16.5M | ||
| Q3 25 | $76.8M | $10.8M | ||
| Q2 25 | $104.6M | $19.5M | ||
| Q1 25 | $-78.7M | $26.6M | ||
| Q4 24 | — | $17.2M | ||
| Q3 24 | $12.9M | $12.7M | ||
| Q2 24 | — | $20.4M | ||
| Q1 24 | — | $18.1M |
毛利率BKVLNN
| Q4 25 | — | 33.3% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | — | 32.4% | ||
| Q1 25 | — | 34.0% | ||
| Q4 24 | — | 31.1% | ||
| Q3 24 | — | 30.6% | ||
| Q2 24 | — | 34.8% | ||
| Q1 24 | — | 33.3% |
营业利润率BKVLNN
| Q4 25 | 39.3% | 13.0% | ||
| Q3 25 | 41.2% | 7.6% | ||
| Q2 25 | 62.0% | 14.4% | ||
| Q1 25 | -40.6% | 17.5% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | -15.7% | 9.0% | ||
| Q2 24 | — | 14.9% | ||
| Q1 24 | — | 15.1% |
净利率BKVLNN
| Q4 25 | 27.5% | 11.0% | ||
| Q3 25 | 38.5% | 7.3% | ||
| Q2 25 | 50.5% | 11.8% | ||
| Q1 25 | -34.1% | 14.5% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | 9.6% | 8.5% | ||
| Q2 24 | — | 15.2% | ||
| Q1 24 | — | 12.3% |
每股收益（稀释后）BKVLNN
| Q4 25 | $0.78 | $1.54 | ||
| Q3 25 | $0.90 | $0.99 | ||
| Q2 25 | $1.23 | $1.78 | ||
| Q1 25 | $-0.93 | $2.44 | ||
| Q4 24 | — | $1.57 | ||
| Q3 24 | $0.18 | $1.16 | ||
| Q2 24 | — | $1.85 | ||
| Q1 24 | — | $1.64 |
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 | $199.6M |
| 总债务越低越好 | $486.8M | $115.2M |
| 股东权益账面价值 | $2.0B | $518.2M |
| 总资产 | $3.1B | $828.4M |
| 负债/权益比越低杠杆越低 | 0.24× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资BKVLNN
| Q4 25 | $199.4M | $199.6M | ||
| Q3 25 | $83.1M | $250.6M | ||
| Q2 25 | $21.4M | $210.8M | ||
| Q1 25 | $15.3M | $186.7M | ||
| Q4 24 | — | $194.1M | ||
| Q3 24 | $31.3M | $190.9M | ||
| Q2 24 | — | $152.7M | ||
| Q1 24 | — | $150.6M |
总债务BKVLNN
| Q4 25 | $486.8M | $115.2M | ||
| Q3 25 | $486.6M | $115.3M | ||
| Q2 25 | $200.0M | $115.3M | ||
| Q1 25 | $200.0M | $115.4M | ||
| Q4 24 | — | $115.4M | ||
| Q3 24 | $190.0M | $115.5M | ||
| Q2 24 | — | $115.5M | ||
| Q1 24 | — | $115.6M |
股东权益BKVLNN
| Q4 25 | $2.0B | $518.2M | ||
| Q3 25 | $1.8B | $532.9M | ||
| Q2 25 | $1.6B | $528.8M | ||
| Q1 25 | $1.5B | $516.4M | ||
| Q4 24 | — | $488.5M | ||
| Q3 24 | $1.6B | $480.9M | ||
| Q2 24 | — | $480.0M | ||
| Q1 24 | — | $483.0M |
总资产BKVLNN
| Q4 25 | $3.1B | $828.4M | ||
| Q3 25 | $2.9B | $840.8M | ||
| Q2 25 | $2.3B | $840.9M | ||
| Q1 25 | $2.3B | $814.2M | ||
| Q4 24 | — | $771.0M | ||
| Q3 24 | $2.3B | $760.2M | ||
| Q2 24 | — | $758.1M | ||
| Q1 24 | — | $765.3M |
负债/权益比BKVLNN
| Q4 25 | 0.24× | 0.22× | ||
| Q3 25 | 0.27× | 0.22× | ||
| Q2 25 | 0.13× | 0.22× | ||
| Q1 25 | 0.13× | 0.22× | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | 0.12× | 0.24× | ||
| Q2 24 | — | 0.24× | ||
| Q1 24 | — | 0.24× |
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 | $69.4M | $-597.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-15.1M |
| 自由现金流率自由现金流/营收 | — | -10.0% |
| 资本支出强度资本支出/营收 | — | 9.6% |
| 现金转化率经营现金流/净利润 | 0.99× | -0.04× |
| 过去12个月自由现金流最近4个季度 | — | $62.9M |
8季度趋势，按日历期对齐
经营现金流BKVLNN
| Q4 25 | $69.4M | $-597.0K | ||
| Q3 25 | $74.5M | $64.0M | ||
| Q2 25 | $76.2M | $35.0M | ||
| Q1 25 | $22.6M | $12.3M | ||
| Q4 24 | — | $21.6M | ||
| Q3 24 | — | $53.1M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $-9.7M |
自由现金流BKVLNN
| Q4 25 | — | $-15.1M | ||
| Q3 25 | $-126.9M | $49.8M | ||
| Q2 25 | — | $25.7M | ||
| Q1 25 | — | $2.5M | ||
| Q4 24 | — | $12.5M | ||
| Q3 24 | — | $47.7M | ||
| Q2 24 | — | $25.8M | ||
| Q1 24 | — | $-21.6M |
自由现金流率BKVLNN
| Q4 25 | — | -10.0% | ||
| Q3 25 | -63.5% | 33.4% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 31.9% | ||
| Q2 24 | — | 19.3% | ||
| Q1 24 | — | -14.7% |
资本支出强度BKVLNN
| Q4 25 | — | 9.6% | ||
| Q3 25 | 100.9% | 9.6% | ||
| Q2 25 | — | 5.6% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 8.1% |
现金转化率BKVLNN
| Q4 25 | 0.99× | -0.04× | ||
| Q3 25 | 0.97× | 5.92× | ||
| Q2 25 | 0.73× | 1.79× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 1.26× | ||
| Q3 24 | — | 4.17× | ||
| Q2 24 | — | 1.50× | ||
| Q1 24 | — | -0.54× |
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% |
LNN
| Transferred At Point In Time | $133.2M | 88% |
| Infrastructure | $13.4M | 9% |
| Transferred Over Time | $8.0M | 5% |
