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BKV Corp（BKV）与BRC Group Holdings, Inc.（RILY）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BRC Group Holdings, Inc.的1.4倍（$255.9M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 27.5%，领先20.4%）
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。
BKV vs RILY — 直观对比
营收规模更大
BKV
是对方的1.4倍
$188.3M
净利率更高
RILY
高出20.4%
27.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $255.9M | $188.3M |
| 净利润 | $70.4M | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | 39.3% | 32.3% |
| 净利率 | 27.5% | 47.9% |
| 营收同比 | — | -21.9% |
| 净利润同比 | — | 1710.8% |
| 每股收益（稀释后） | $0.78 | $2.78 |
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BKVRILY
| Q4 25 | $255.9M | $188.3M | ||
| Q3 25 | $199.8M | $215.3M | ||
| Q2 25 | $207.1M | $188.2M | ||
| Q1 25 | $231.0M | $197.2M | ||
| Q4 24 | — | $241.0M | ||
| Q3 24 | $133.5M | $225.5M | ||
| Q2 24 | — | $256.0M | ||
| Q1 24 | — | $263.4M |
净利润BKVRILY
| Q4 25 | $70.4M | $90.3M | ||
| Q3 25 | $76.8M | $91.1M | ||
| Q2 25 | $104.6M | $139.5M | ||
| Q1 25 | $-78.7M | $-10.0M | ||
| Q4 24 | — | $-5.6M | ||
| Q3 24 | $12.9M | $-284.4M | ||
| Q2 24 | — | $-433.6M | ||
| Q1 24 | — | $-49.2M |
毛利率BKVRILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率BKVRILY
| Q4 25 | 39.3% | 32.3% | ||
| Q3 25 | 41.2% | 30.4% | ||
| Q2 25 | 62.0% | 5.7% | ||
| Q1 25 | -40.6% | -31.2% | ||
| Q4 24 | — | -69.2% | ||
| Q3 24 | -15.7% | -36.4% | ||
| Q2 24 | — | -90.8% | ||
| Q1 24 | — | -6.1% |
净利率BKVRILY
| Q4 25 | 27.5% | 47.9% | ||
| Q3 25 | 38.5% | 42.3% | ||
| Q2 25 | 50.5% | 74.1% | ||
| Q1 25 | -34.1% | -5.1% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | 9.6% | -126.1% | ||
| Q2 24 | — | -169.4% | ||
| Q1 24 | — | -18.7% |
每股收益（稀释后）BKVRILY
| Q4 25 | $0.78 | $2.78 | ||
| Q3 25 | $0.90 | $2.91 | ||
| Q2 25 | $1.23 | $4.50 | ||
| Q1 25 | $-0.93 | $-0.39 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | $0.18 | $-9.39 | ||
| Q2 24 | — | $-14.35 | ||
| Q1 24 | — | $-1.71 |
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 | $226.6M |
| 总债务越低越好 | $486.8M | $1.4B |
| 股东权益账面价值 | $2.0B | $-171.5M |
| 总资产 | $3.1B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.24× | — |
8季度趋势，按日历期对齐
现金及短期投资BKVRILY
| Q4 25 | $199.4M | $226.6M | ||
| Q3 25 | $83.1M | $184.2M | ||
| Q2 25 | $21.4M | $267.4M | ||
| Q1 25 | $15.3M | $138.3M | ||
| Q4 24 | — | $146.9M | ||
| Q3 24 | $31.3M | $159.2M | ||
| Q2 24 | — | $236.9M | ||
| Q1 24 | — | $190.7M |
总债务BKVRILY
| Q4 25 | $486.8M | $1.4B | ||
| Q3 25 | $486.6M | $1.3B | ||
| Q2 25 | $200.0M | $1.3B | ||
| Q1 25 | $200.0M | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | $190.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BKVRILY
| Q4 25 | $2.0B | $-171.5M | ||
| Q3 25 | $1.8B | $-260.5M | ||
| Q2 25 | $1.6B | $-351.7M | ||
| Q1 25 | $1.5B | $-496.8M | ||
| Q4 24 | — | $-488.2M | ||
| Q3 24 | $1.6B | $-497.6M | ||
| Q2 24 | — | $-218.3M | ||
| Q1 24 | — | $228.4M |
总资产BKVRILY
| Q4 25 | $3.1B | $1.7B | ||
| Q3 25 | $2.9B | $1.7B | ||
| Q2 25 | $2.3B | $1.5B | ||
| Q1 25 | $2.3B | $1.5B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | $2.3B | $2.2B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $5.0B |
负债/权益比BKVRILY
| Q4 25 | 0.24× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.12× | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $26.2M |
| 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 | 0.99× | 0.29× |
| 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BKVRILY
| Q4 25 | $69.4M | $26.2M | ||
| Q3 25 | $74.5M | $-60.6M | ||
| Q2 25 | $76.2M | $-25.6M | ||
| Q1 25 | $22.6M | $184.0K | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | — | $19.5M | ||
| Q2 24 | — | $111.5M | ||
| Q1 24 | — | $135.4M |
自由现金流BKVRILY
| Q4 25 | — | — | ||
| Q3 25 | $-126.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率BKVRILY
| Q4 25 | — | — | ||
| Q3 25 | -63.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度BKVRILY
| Q4 25 | — | — | ||
| Q3 25 | 100.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率BKVRILY
| Q4 25 | 0.99× | 0.29× | ||
| Q3 25 | 0.97× | -0.66× | ||
| Q2 25 | 0.73× | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
