vs
CrossAmerica Partners LP（CAPL）与PHINIA INC.（PHIN）财务数据对比。点击上方公司名可切换其他公司
PHINIA INC.的季度营收约是CrossAmerica Partners LP的1.0倍（$889.0M vs $866.3M），PHINIA INC.同比增速更快（6.7% vs -8.3%），PHINIA INC.自由现金流更多（$67.0M vs $22.4M），过去两年PHINIA INC.的营收复合增速更高（1.5% vs -4.1%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
PHINIA INC.是一家全球汽车技术供应商，主打燃油喷射系统、起动机、发电机及混动、电动汽车零部件，服务全球各主要市场的整车生产商和售后客户，覆盖乘用车、商用车及工业出行领域。
CAPL vs PHIN — 直观对比
营收规模更大
PHIN
是对方的1.0倍
$866.3M
营收增速更快
PHIN
高出15.0%
-8.3%
自由现金流更多
PHIN
多$44.6M
$22.4M
两年增速更快
PHIN
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $889.0M |
| 净利润 | $10.2M | — |
| 毛利率 | 12.4% | 21.7% |
| 营业利润率 | 3.0% | 7.8% |
| 净利率 | 1.2% | — |
| 营收同比 | -8.3% | 6.7% |
| 净利润同比 | -39.6% | — |
| 每股收益（稀释后） | $0.24 | $1.14 |
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CAPLPHIN
| Q4 25 | $866.3M | $889.0M | ||
| Q3 25 | $971.8M | $908.0M | ||
| Q2 25 | $961.9M | $890.0M | ||
| Q1 25 | $862.5M | $796.0M | ||
| Q4 24 | $944.2M | $833.0M | ||
| Q3 24 | $1.1B | $839.0M | ||
| Q2 24 | $1.1B | $868.0M | ||
| Q1 24 | $941.5M | $863.0M |
净利润CAPLPHIN
| Q4 25 | $10.2M | — | ||
| Q3 25 | $13.6M | $13.0M | ||
| Q2 25 | $25.2M | $46.0M | ||
| Q1 25 | $-7.1M | $26.0M | ||
| Q4 24 | $16.9M | — | ||
| Q3 24 | $10.7M | $31.0M | ||
| Q2 24 | $12.4M | $14.0M | ||
| Q1 24 | $-17.5M | $29.0M |
毛利率CAPLPHIN
| Q4 25 | 12.4% | 21.7% | ||
| Q3 25 | 10.8% | 22.0% | ||
| Q2 25 | 10.5% | 22.1% | ||
| Q1 25 | 10.4% | 21.6% | ||
| Q4 24 | 10.7% | 22.7% | ||
| Q3 24 | 10.3% | 22.3% | ||
| Q2 24 | 9.2% | 21.7% | ||
| Q1 24 | 8.6% | 22.2% |
营业利润率CAPLPHIN
| Q4 25 | 3.0% | 7.8% | ||
| Q3 25 | 2.9% | 3.7% | ||
| Q2 25 | 4.3% | 10.0% | ||
| Q1 25 | 0.2% | 7.8% | ||
| Q4 24 | 3.0% | 6.1% | ||
| Q3 24 | 2.5% | 7.9% | ||
| Q2 24 | 2.5% | 8.2% | ||
| Q1 24 | -1.4% | 8.2% |
净利率CAPLPHIN
| Q4 25 | 1.2% | — | ||
| Q3 25 | 1.4% | 1.4% | ||
| Q2 25 | 2.6% | 5.2% | ||
| Q1 25 | -0.8% | 3.3% | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.0% | 3.7% | ||
| Q2 24 | 1.1% | 1.6% | ||
| Q1 24 | -1.9% | 3.4% |
每股收益（稀释后）CAPLPHIN
| Q4 25 | $0.24 | $1.14 | ||
| Q3 25 | $0.34 | $0.33 | ||
| Q2 25 | $0.64 | $1.14 | ||
| Q1 25 | $-0.20 | $0.63 | ||
| Q4 24 | $0.42 | $0.13 | ||
| Q3 24 | $0.27 | $0.70 | ||
| Q2 24 | $0.31 | $0.31 | ||
| Q1 24 | $-0.48 | $0.62 |
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 | $3.1M | $359.0M |
| 总债务越低越好 | $687.2M | $970.0M |
| 股东权益账面价值 | — | $1.6B |
| 总资产 | $964.7M | $3.8B |
| 负债/权益比越低杠杆越低 | — | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资CAPLPHIN
| Q4 25 | $3.1M | $359.0M | ||
| Q3 25 | $5.8M | $349.0M | ||
| Q2 25 | $9.7M | $347.0M | ||
| Q1 25 | $6.7M | $373.0M | ||
| Q4 24 | $3.4M | $484.0M | ||
| Q3 24 | $7.8M | $477.0M | ||
| Q2 24 | $5.5M | $339.0M | ||
| Q1 24 | $6.3M | $325.0M |
总债务CAPLPHIN
| Q4 25 | $687.2M | $970.0M | ||
| Q3 25 | $700.8M | $990.0M | ||
| Q2 25 | $722.7M | $990.0M | ||
| Q1 25 | $774.1M | $989.0M | ||
| Q4 24 | $763.9M | $988.0M | ||
| Q3 24 | $769.2M | $987.0M | ||
| Q2 24 | $786.7M | $821.0M | ||
| Q1 24 | $795.8M | $706.0M |
股东权益CAPLPHIN
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B | ||
| Q1 24 | — | $1.9B |
总资产CAPLPHIN
| Q4 25 | $964.7M | $3.8B | ||
| Q3 25 | $998.9M | $4.0B | ||
| Q2 25 | $1.0B | $3.9B | ||
| Q1 25 | $1.1B | $3.7B | ||
| Q4 24 | $1.1B | $3.8B | ||
| Q3 24 | $1.1B | $4.0B | ||
| Q2 24 | $1.2B | $3.9B | ||
| Q1 24 | $1.2B | $4.0B |
负债/权益比CAPLPHIN
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.62× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.64× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.47× | ||
| Q1 24 | — | 0.38× |
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 | $29.4M | $96.0M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $67.0M |
| 自由现金流率自由现金流/营收 | 2.6% | 7.5% |
| 资本支出强度资本支出/营收 | 0.8% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | $188.0M |
8季度趋势，按日历期对齐
经营现金流CAPLPHIN
| Q4 25 | $29.4M | $96.0M | ||
| Q3 25 | $24.4M | $119.0M | ||
| Q2 25 | $22.6M | $57.0M | ||
| Q1 25 | $15.0M | $40.0M | ||
| Q4 24 | $11.1M | $73.0M | ||
| Q3 24 | $41.9M | $95.0M | ||
| Q2 24 | $28.9M | $109.0M | ||
| Q1 24 | $5.8M | $31.0M |
自由现金流CAPLPHIN
| Q4 25 | $22.4M | $67.0M | ||
| Q3 25 | $17.7M | $93.0M | ||
| Q2 25 | $10.8M | $23.0M | ||
| Q1 25 | $4.9M | $5.0M | ||
| Q4 24 | $3.9M | $53.0M | ||
| Q3 24 | $34.2M | $70.0M | ||
| Q2 24 | $23.6M | $92.0M | ||
| Q1 24 | $-289.0K | $-12.0M |
自由现金流率CAPLPHIN
| Q4 25 | 2.6% | 7.5% | ||
| Q3 25 | 1.8% | 10.2% | ||
| Q2 25 | 1.1% | 2.6% | ||
| Q1 25 | 0.6% | 0.6% | ||
| Q4 24 | 0.4% | 6.4% | ||
| Q3 24 | 3.2% | 8.3% | ||
| Q2 24 | 2.1% | 10.6% | ||
| Q1 24 | -0.0% | -1.4% |
资本支出强度CAPLPHIN
| Q4 25 | 0.8% | 3.3% | ||
| Q3 25 | 0.7% | 2.9% | ||
| Q2 25 | 1.2% | 3.8% | ||
| Q1 25 | 1.2% | 4.4% | ||
| Q4 24 | 0.8% | 2.4% | ||
| Q3 24 | 0.7% | 3.0% | ||
| Q2 24 | 0.5% | 2.0% | ||
| Q1 24 | 0.6% | 5.0% |
现金转化率CAPLPHIN
| Q4 25 | 2.89× | — | ||
| Q3 25 | 1.79× | 9.15× | ||
| Q2 25 | 0.90× | 1.24× | ||
| Q1 25 | — | 1.54× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 3.92× | 3.06× | ||
| Q2 24 | 2.33× | 7.79× | ||
| Q1 24 | — | 1.07× |
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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
PHIN
| Customer | $618.0M | 70% |
| Fuel Systems | $194.0M | 22% |
| Other | $77.0M | 9% |
