vs
CrossAmerica Partners LP（CAPL）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是RANGE RESOURCES CORP的1.1倍（$866.3M vs $786.9M），RANGE RESOURCES CORP净利率更高（22.8% vs 1.2%，领先21.6%），RANGE RESOURCES CORP同比增速更快（18.0% vs -8.3%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% 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。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
CAPL vs RRC — 直观对比
营收规模更大
CAPL
是对方的1.1倍
$786.9M
营收增速更快
RRC
高出26.2%
-8.3%
净利率更高
RRC
高出21.6%
1.2%
两年增速更快
RRC
近两年复合增速
-4.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $786.9M |
| 净利润 | $10.2M | $179.1M |
| 毛利率 | 12.4% | 94.5% |
| 营业利润率 | 3.0% | — |
| 净利率 | 1.2% | 22.8% |
| 营收同比 | -8.3% | 18.0% |
| 净利润同比 | -39.6% | 88.8% |
| 每股收益（稀释后） | $0.24 | $0.75 |
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CAPLRRC
| Q4 25 | $866.3M | $786.9M | ||
| Q3 25 | $971.8M | $655.3M | ||
| Q2 25 | $961.9M | $699.6M | ||
| Q1 25 | $862.5M | $846.3M | ||
| Q4 24 | $944.2M | $667.0M | ||
| Q3 24 | $1.1B | $567.9M | ||
| Q2 24 | $1.1B | $513.2M | ||
| Q1 24 | $941.5M | $598.8M |
净利润CAPLRRC
| Q4 25 | $10.2M | $179.1M | ||
| Q3 25 | $13.6M | $144.3M | ||
| Q2 25 | $25.2M | $237.6M | ||
| Q1 25 | $-7.1M | $97.1M | ||
| Q4 24 | $16.9M | $94.8M | ||
| Q3 24 | $10.7M | $50.7M | ||
| Q2 24 | $12.4M | $28.7M | ||
| Q1 24 | $-17.5M | $92.1M |
毛利率CAPLRRC
| Q4 25 | 12.4% | 94.5% | ||
| Q3 25 | 10.8% | 92.5% | ||
| Q2 25 | 10.5% | 95.0% | ||
| Q1 25 | 10.4% | 93.1% | ||
| Q4 24 | 10.7% | 93.7% | ||
| Q3 24 | 10.3% | 94.3% | ||
| Q2 24 | 9.2% | 93.4% | ||
| Q1 24 | 8.6% | 94.7% |
营业利润率CAPLRRC
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 3.0% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | -1.4% | — |
净利率CAPLRRC
| Q4 25 | 1.2% | 22.8% | ||
| Q3 25 | 1.4% | 22.0% | ||
| Q2 25 | 2.6% | 34.0% | ||
| Q1 25 | -0.8% | 11.5% | ||
| Q4 24 | 1.8% | 14.2% | ||
| Q3 24 | 1.0% | 8.9% | ||
| Q2 24 | 1.1% | 5.6% | ||
| Q1 24 | -1.9% | 15.4% |
每股收益（稀释后）CAPLRRC
| Q4 25 | $0.24 | $0.75 | ||
| Q3 25 | $0.34 | $0.60 | ||
| Q2 25 | $0.64 | $0.99 | ||
| Q1 25 | $-0.20 | $0.40 | ||
| Q4 24 | $0.42 | $0.38 | ||
| Q3 24 | $0.27 | $0.21 | ||
| Q2 24 | $0.31 | $0.12 | ||
| Q1 24 | $-0.48 | $0.38 |
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 | $204.0K |
| 总债务越低越好 | $687.2M | $1.2B |
| 股东权益账面价值 | — | $4.3B |
| 总资产 | $964.7M | $7.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CAPLRRC
| Q4 25 | $3.1M | $204.0K | ||
| Q3 25 | $5.8M | $175.0K | ||
| Q2 25 | $9.7M | $134.0K | ||
| Q1 25 | $6.7M | $344.6M | ||
| Q4 24 | $3.4M | $304.5M | ||
| Q3 24 | $7.8M | $277.4M | ||
| Q2 24 | $5.5M | $251.1M | ||
| Q1 24 | $6.3M | $343.1M |
总债务CAPLRRC
| Q4 25 | $687.2M | $1.2B | ||
| Q3 25 | $700.8M | $1.2B | ||
| Q2 25 | $722.7M | $1.2B | ||
| Q1 25 | $774.1M | $1.7B | ||
| Q4 24 | $763.9M | $1.7B | ||
| Q3 24 | $769.2M | $1.7B | ||
| Q2 24 | $786.7M | $1.7B | ||
| Q1 24 | $795.8M | $1.8B |
股东权益CAPLRRC
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.2B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | — | $3.9B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.8B |
总资产CAPLRRC
| Q4 25 | $964.7M | $7.4B | ||
| Q3 25 | $998.9M | $7.2B | ||
| Q2 25 | $1.0B | $7.1B | ||
| Q1 25 | $1.1B | $7.4B | ||
| Q4 24 | $1.1B | $7.3B | ||
| Q3 24 | $1.1B | $7.2B | ||
| Q2 24 | $1.2B | $7.3B | ||
| Q1 24 | $1.2B | $7.4B |
负债/权益比CAPLRRC
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | — |
| 自由现金流率自由现金流/营收 | 2.6% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 2.89× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $55.8M | — |
8季度趋势，按日历期对齐
经营现金流CAPLRRC
| Q4 25 | $29.4M | $257.5M | ||
| Q3 25 | $24.4M | $247.5M | ||
| Q2 25 | $22.6M | $336.2M | ||
| Q1 25 | $15.0M | $330.1M | ||
| Q4 24 | $11.1M | $217.9M | ||
| Q3 24 | $41.9M | $245.9M | ||
| Q2 24 | $28.9M | $148.8M | ||
| Q1 24 | $5.8M | $331.9M |
自由现金流CAPLRRC
| Q4 25 | $22.4M | — | ||
| Q3 25 | $17.7M | — | ||
| Q2 25 | $10.8M | — | ||
| Q1 25 | $4.9M | — | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.2M | — | ||
| Q2 24 | $23.6M | — | ||
| Q1 24 | $-289.0K | — |
自由现金流率CAPLRRC
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | -0.0% | — |
资本支出强度CAPLRRC
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.6% | — |
现金转化率CAPLRRC
| Q4 25 | 2.89× | 1.44× | ||
| Q3 25 | 1.79× | 1.72× | ||
| Q2 25 | 0.90× | 1.42× | ||
| Q1 25 | — | 3.40× | ||
| Q4 24 | 0.66× | 2.30× | ||
| Q3 24 | 3.92× | 4.85× | ||
| Q2 24 | 2.33× | 5.18× | ||
| Q1 24 | — | 3.60× |
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% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
