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PEABODY ENERGY CORP（BTU）与PAR PACIFIC HOLDINGS, INC.（PARR）财务数据对比。点击上方公司名可切换其他公司
PAR PACIFIC HOLDINGS, INC.的季度营收约是PEABODY ENERGY CORP的1.8倍（$1.8B vs $1.0B），PAR PACIFIC HOLDINGS, INC.净利率更高（4.3% vs 1.2%，领先3.1%），PAR PACIFIC HOLDINGS, INC.同比增速更快（-1.0% vs -9.0%），过去两年PEABODY ENERGY CORP的营收复合增速更高（1.9% vs -4.3%）
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。
Par Pacific Holdings是总部位于美国休斯顿的油气勘探生产企业，曾在破产重组后以Par Petroleum Corporation为名运营，2015年10月20日正式更名为现名，2017年入选《财富》美国1000强企业。
BTU vs PARR — 直观对比
营收规模更大
PARR
是对方的1.8倍
$1.0B
营收增速更快
PARR
高出7.9%
-9.0%
净利率更高
PARR
高出3.1%
1.2%
两年增速更快
BTU
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.8B |
| 净利润 | $12.4M | $77.7M |
| 毛利率 | — | — |
| 营业利润率 | 0.8% | 5.5% |
| 净利率 | 1.2% | 4.3% |
| 营收同比 | -9.0% | -1.0% |
| 净利润同比 | -67.2% | 239.5% |
| 每股收益（稀释后） | $0.11 | $1.40 |
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BTUPARR
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $1.0B | $2.0B | ||
| Q2 25 | $890.1M | $1.9B | ||
| Q1 25 | $937.0M | $1.7B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $983.6M | $2.0B |
净利润BTUPARR
| Q4 25 | $12.4M | $77.7M | ||
| Q3 25 | $-70.1M | $262.6M | ||
| Q2 25 | $-27.6M | $59.5M | ||
| Q1 25 | $34.4M | $-30.4M | ||
| Q4 24 | $37.8M | $-55.7M | ||
| Q3 24 | $101.3M | $7.5M | ||
| Q2 24 | $199.4M | $18.6M | ||
| Q1 24 | $39.6M | $-3.8M |
营业利润率BTUPARR
| Q4 25 | 0.8% | 5.5% | ||
| Q3 25 | -8.0% | 17.8% | ||
| Q2 25 | -4.3% | 5.1% | ||
| Q1 25 | 3.4% | -0.9% | ||
| Q4 24 | 3.6% | -2.6% | ||
| Q3 24 | 11.0% | 1.7% | ||
| Q2 24 | 22.4% | 2.4% | ||
| Q1 24 | 5.2% | 0.5% |
净利率BTUPARR
| Q4 25 | 1.2% | 4.3% | ||
| Q3 25 | -6.9% | 13.0% | ||
| Q2 25 | -3.1% | 3.1% | ||
| Q1 25 | 3.7% | -1.7% | ||
| Q4 24 | 3.4% | -3.0% | ||
| Q3 24 | 9.3% | 0.3% | ||
| Q2 24 | 19.1% | 0.9% | ||
| Q1 24 | 4.0% | -0.2% |
每股收益（稀释后）BTUPARR
| Q4 25 | $0.11 | $1.40 | ||
| Q3 25 | $-0.58 | $5.16 | ||
| Q2 25 | $-0.23 | $1.17 | ||
| Q1 25 | $0.27 | $-0.57 | ||
| Q4 24 | $0.25 | $-0.98 | ||
| Q3 24 | $0.74 | $0.13 | ||
| Q2 24 | $1.42 | $0.32 | ||
| Q1 24 | $0.29 | $-0.06 |
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 | $164.1M |
| 总债务越低越好 | $321.2M | $802.9M |
| 股东权益账面价值 | $3.5B | $1.5B |
| 总资产 | $5.8B | $3.8B |
| 负债/权益比越低杠杆越低 | 0.09× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资BTUPARR
| Q4 25 | $575.3M | $164.1M | ||
| Q3 25 | $603.3M | $159.1M | ||
| Q2 25 | $585.9M | $169.2M | ||
| Q1 25 | $696.5M | $133.7M | ||
| Q4 24 | $700.4M | $191.9M | ||
| Q3 24 | $772.9M | $183.0M | ||
| Q2 24 | $621.7M | $179.7M | ||
| Q1 24 | $855.7M | $228.3M |
总债务BTUPARR
| Q4 25 | $321.2M | $802.9M | ||
| Q3 25 | $321.8M | $967.1M | ||
| Q2 25 | $329.2M | $1.1B | ||
| Q1 25 | $331.2M | $1.2B | ||
| Q4 24 | $332.3M | $1.1B | ||
| Q3 24 | $323.7M | $1.0B | ||
| Q2 24 | $323.2M | $1.1B | ||
| Q1 24 | $323.3M | $639.5M |
股东权益BTUPARR
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | $3.5B | $1.4B | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.7B | $1.1B | ||
| Q4 24 | $3.7B | $1.2B | ||
| Q3 24 | $3.6B | $1.3B | ||
| Q2 24 | $3.7B | $1.3B | ||
| Q1 24 | $3.5B | $1.3B |
总资产BTUPARR
| Q4 25 | $5.8B | $3.8B | ||
| Q3 25 | $5.7B | $4.1B | ||
| Q2 25 | $5.8B | $3.9B | ||
| Q1 25 | $5.8B | $3.8B | ||
| Q4 24 | $6.0B | $3.8B | ||
| Q3 24 | $5.9B | $3.9B | ||
| Q2 24 | $5.9B | $3.9B | ||
| Q1 24 | $5.7B | $3.8B |
负债/权益比BTUPARR
| Q4 25 | 0.09× | 0.53× | ||
| Q3 25 | 0.09× | 0.69× | ||
| Q2 25 | 0.09× | 0.97× | ||
| Q1 25 | 0.09× | 1.04× | ||
| Q4 24 | 0.09× | 0.93× | ||
| Q3 24 | 0.09× | 0.83× | ||
| Q2 24 | 0.09× | 0.84× | ||
| Q1 24 | 0.09× | 0.49× |
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 | $93.8M |
| 自由现金流经营现金流 - 资本支出 | — | $66.3M |
| 自由现金流率自由现金流/营收 | — | 3.7% |
| 资本支出强度资本支出/营收 | — | 1.5% |
| 现金转化率经营现金流/净利润 | 5.53× | 1.21× |
| 过去12个月自由现金流最近4个季度 | — | $296.5M |
8季度趋势，按日历期对齐
经营现金流BTUPARR
| Q4 25 | $68.6M | $93.8M | ||
| Q3 25 | $122.0M | $219.4M | ||
| Q2 25 | $23.2M | $133.6M | ||
| Q1 25 | $119.9M | $-1.4M | ||
| Q4 24 | $119.8M | $-15.5M | ||
| Q3 24 | $359.9M | $78.5M | ||
| Q2 24 | $7.8M | $-4.7M | ||
| Q1 24 | $119.0M | $25.4M |
自由现金流BTUPARR
| Q4 25 | — | $66.3M | ||
| Q3 25 | — | $187.1M | ||
| Q2 25 | — | $85.5M | ||
| Q1 25 | — | $-42.3M | ||
| Q4 24 | — | $-63.1M | ||
| Q3 24 | — | $50.2M | ||
| Q2 24 | — | $-41.6M | ||
| Q1 24 | — | $2.8M |
自由现金流率BTUPARR
| Q4 25 | — | 3.7% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 4.5% | ||
| Q1 25 | — | -2.4% | ||
| Q4 24 | — | -3.4% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | -2.1% | ||
| Q1 24 | — | 0.1% |
资本支出强度BTUPARR
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 2.5% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 1.8% | ||
| Q1 24 | — | 1.1% |
现金转化率BTUPARR
| Q4 25 | 5.53× | 1.21× | ||
| Q3 25 | — | 0.84× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | 3.49× | — | ||
| Q4 24 | 3.17× | — | ||
| Q3 24 | 3.55× | 10.48× | ||
| Q2 24 | 0.04× | -0.25× | ||
| Q1 24 | 3.01× | — |
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% |
PARR
| Distillates | $750.6M | 41% |
| Gasoline | $603.9M | 33% |
| Other Refined Products | $348.8M | 19% |
| Logistics | $73.7M | 4% |
| Other Revenues | $44.8M | 2% |
