vs
PEABODY ENERGY CORP（BTU）与NATURAL RESOURCE PARTNERS LP（NRP）财务数据对比。点击上方公司名可切换其他公司
PEABODY ENERGY CORP的季度营收约是NATURAL RESOURCE PARTNERS LP的19.9倍（$1.0B vs $51.3M）。NATURAL RESOURCE PARTNERS LP净利率更高（78.5% vs 1.2%，领先77.3%）。PEABODY ENERGY CORP同比增速更快（-9.0% vs -21.8%）。过去两年PEABODY ENERGY CORP的营收复合增速更高（1.9% vs -8.3%）
皮博迪能源是总部位于美国密苏里州圣路易斯的煤炭开采企业，核心业务涵盖煤炭的开采、销售与配送，产品主要供应给发电和炼钢领域。公司还通过中国、澳大利亚及美国的办公网点开展煤炭的营销、经纪和贸易业务。
Natural Resource Partners LP是总部位于美国的业主有限合伙企业，主要持有、管理及出租矿产储备权益，资产涵盖煤炭、集料、工业矿物与油气资源，业务主要布局于北美地区，核心收入来自第三方资源开采企业支付的特许权使用费。
BTU vs NRP — 直观对比
营收规模更大
BTU
是对方的19.9倍
$51.3M
营收增速更快
BTU
高出12.9%
-21.8%
净利率更高
NRP
高出77.3%
1.2%
两年增速更快
BTU
近两年复合增速
-8.3%
损益表 — Q4 2025 vs Q1 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $51.3M |
| 净利润 | $12.4M | $40.3M |
| 毛利率 | — | — |
| 营业利润率 | 0.8% | 83.7% |
| 净利率 | 1.2% | 78.5% |
| 营收同比 | -9.0% | -21.8% |
| 净利润同比 | -67.2% | -28.4% |
| 每股收益（稀释后） | $0.11 | — |
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BTUNRP
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $890.1M | — | ||
| Q1 25 | $937.0M | $51.3M | ||
| Q4 24 | $1.1B | $61.8M | ||
| Q3 24 | $1.1B | $50.4M | ||
| Q2 24 | $1.0B | $54.6M | ||
| Q1 24 | $983.6M | $65.6M |
净利润BTUNRP
| Q4 25 | $12.4M | — | ||
| Q3 25 | $-70.1M | — | ||
| Q2 25 | $-27.6M | — | ||
| Q1 25 | $34.4M | $40.3M | ||
| Q4 24 | $37.8M | $42.8M | ||
| Q3 24 | $101.3M | $38.6M | ||
| Q2 24 | $199.4M | $46.1M | ||
| Q1 24 | $39.6M | $56.2M |
营业利润率BTUNRP
| Q4 25 | 0.8% | — | ||
| Q3 25 | -8.0% | — | ||
| Q2 25 | -4.3% | — | ||
| Q1 25 | 3.4% | 83.7% | ||
| Q4 24 | 3.6% | 74.9% | ||
| Q3 24 | 11.0% | 84.9% | ||
| Q2 24 | 22.4% | 92.3% | ||
| Q1 24 | 5.2% | 91.0% |
净利率BTUNRP
| Q4 25 | 1.2% | — | ||
| Q3 25 | -6.9% | — | ||
| Q2 25 | -3.1% | — | ||
| Q1 25 | 3.7% | 78.5% | ||
| Q4 24 | 3.4% | 69.2% | ||
| Q3 24 | 9.3% | 76.6% | ||
| Q2 24 | 19.1% | 84.4% | ||
| Q1 24 | 4.0% | 85.7% |
每股收益（稀释后）BTUNRP
| Q4 25 | $0.11 | — | ||
| Q3 25 | $-0.58 | — | ||
| Q2 25 | $-0.23 | — | ||
| Q1 25 | $0.27 | — | ||
| Q4 24 | $0.25 | — | ||
| Q3 24 | $0.74 | — | ||
| Q2 24 | $1.42 | — | ||
| Q1 24 | $0.29 | — |
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 | $575.3M | $30.9M |
| 总债务越低越好 | $321.2M | $138.8M |
| 股东权益账面价值 | $3.5B | — |
| 总资产 | $5.8B | $772.5M |
| 负债/权益比越低杠杆越低 | 0.09× | — |
8季度趋势，按日历期对齐
现金及短期投资BTUNRP
| Q4 25 | $575.3M | — | ||
| Q3 25 | $603.3M | — | ||
| Q2 25 | $585.9M | — | ||
| Q1 25 | $696.5M | $30.9M | ||
| Q4 24 | $700.4M | $30.4M | ||
| Q3 24 | $772.9M | $30.9M | ||
| Q2 24 | $621.7M | $32.3M | ||
| Q1 24 | $855.7M | $11.0M |
总债务BTUNRP
| Q4 25 | $321.2M | — | ||
| Q3 25 | $321.8M | — | ||
| Q2 25 | $329.2M | — | ||
| Q1 25 | $331.2M | $138.8M | ||
| Q4 24 | $332.3M | $142.1M | ||
| Q3 24 | $323.7M | $197.4M | ||
| Q2 24 | $323.2M | $210.3M | ||
| Q1 24 | $323.3M | $188.8M |
股东权益BTUNRP
| Q4 25 | $3.5B | — | ||
| Q3 25 | $3.5B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.7B | — | ||
| Q3 24 | $3.6B | — | ||
| Q2 24 | $3.7B | — | ||
| Q1 24 | $3.5B | — |
总资产BTUNRP
| Q4 25 | $5.8B | — | ||
| Q3 25 | $5.7B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $5.8B | $772.5M | ||
| Q4 24 | $6.0B | $772.9M | ||
| Q3 24 | $5.9B | $772.9M | ||
| Q2 24 | $5.9B | $789.6M | ||
| Q1 24 | $5.7B | $772.9M |
负债/权益比BTUNRP
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.09× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.09× | — | ||
| Q4 24 | 0.09× | — | ||
| Q3 24 | 0.09× | — | ||
| Q2 24 | 0.09× | — | ||
| Q1 24 | 0.09× | — |
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 | $68.6M | $34.4M |
| 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 | 5.53× | 0.86× |
| 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BTUNRP
| Q4 25 | $68.6M | — | ||
| Q3 25 | $122.0M | — | ||
| Q2 25 | $23.2M | — | ||
| Q1 25 | $119.9M | $34.4M | ||
| Q4 24 | $119.8M | $66.2M | ||
| Q3 24 | $359.9M | $54.1M | ||
| Q2 24 | $7.8M | $56.6M | ||
| Q1 24 | $119.0M | $71.5M |
资本支出强度BTUNRP
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
现金转化率BTUNRP
| Q4 25 | 5.53× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.49× | 0.86× | ||
| Q4 24 | 3.17× | 1.55× | ||
| Q3 24 | 3.55× | 1.40× | ||
| Q2 24 | 0.04× | 1.23× | ||
| Q1 24 | 3.01× | 1.27× |
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
BTU
| Seaborne Metallurgical Mining | $305.4M | 30% |
| Powder River Basin Mining | $300.3M | 29% |
| Seaborne Thermal Mining | $205.6M | 20% |
| Other | $182.1M | 18% |
| Thermal Coal | $28.9M | 3% |
NRP
| Coal Royalty Revenues | $35.5M | 69% |
| Soda Ash Segment | $4.6M | 9% |
| Transportation And Processing Services | $4.4M | 9% |
| Production Lease Minimum Revenues | $2.7M | 5% |
| Oil And Gas Royalty Revenues | $2.4M | 5% |
| Other | $1.6M | 3% |
