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开利（CARR）与Cheniere Energy Partners, L.P.（CQP）财务数据对比。点击上方公司名可切换其他公司
开利的季度营收约是Cheniere Energy Partners, L.P.的1.7倍（$4.8B vs $2.9B），Cheniere Energy Partners, L.P.净利率更高（44.2% vs 1.1%，领先43.1%），开利同比增速更快（33.2% vs 18.3%），开利自由现金流更多（$909.0M vs $864.0M），过去两年Cheniere Energy Partners, L.P.的营收复合增速更高（12.6% vs -11.5%）
开利全球是总部位于美国佛罗里达州棕榈滩花园的跨国企业，成立于1915年，主营暖通空调、制冷、消防及安防设备。公司最初以生产销售暖通空调系统起家，后续逐步拓展业务，覆盖商用制冷、餐饮服务设备及消防安防技术等领域。
本公司为油气领域经营主体，营收数据以十亿美元为统计单位，通常由企业自行披露，同时也会由中立可靠的权威媒体公开报道。受汇率波动、合同结算、年中产品或服务调整等因素影响，已发布数据后续可能进行修订或重述。除特殊说明外，财年区间为每年1月1日至12月31日。
CARR vs CQP — 直观对比
营收规模更大
CARR
是对方的1.7倍
$2.9B
营收增速更快
CARR
高出14.9%
18.3%
净利率更高
CQP
高出43.1%
1.1%
自由现金流更多
CARR
多$45.0M
$864.0M
两年增速更快
CQP
近两年复合增速
-11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.8B | $2.9B |
| 净利润 | $53.0M | $1.3B |
| 毛利率 | — | — |
| 营业利润率 | 2.1% | 50.5% |
| 净利率 | 1.1% | 44.2% |
| 营收同比 | 33.2% | 18.3% |
| 净利润同比 | -97.9% | 106.6% |
| 每股收益（稀释后） | $0.07 | — |
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CARRCQP
| Q4 25 | $4.8B | $2.9B | ||
| Q3 25 | $5.6B | $2.4B | ||
| Q2 25 | $6.1B | $2.5B | ||
| Q1 25 | $5.2B | $3.0B | ||
| Q4 24 | $3.6B | $2.5B | ||
| Q3 24 | $6.0B | $2.1B | ||
| Q2 24 | $6.7B | $1.9B | ||
| Q1 24 | $6.2B | $2.3B |
净利润CARRCQP
| Q4 25 | $53.0M | $1.3B | ||
| Q3 25 | $428.0M | $506.0M | ||
| Q2 25 | $591.0M | $553.0M | ||
| Q1 25 | $412.0M | $641.0M | ||
| Q4 24 | $2.6B | $623.0M | ||
| Q3 24 | $447.0M | $635.0M | ||
| Q2 24 | $2.3B | $570.0M | ||
| Q1 24 | $269.0M | $682.0M |
营业利润率CARRCQP
| Q4 25 | 2.1% | 50.5% | ||
| Q3 25 | 9.7% | 29.0% | ||
| Q2 25 | 14.8% | 29.1% | ||
| Q1 25 | 12.1% | 27.6% | ||
| Q4 24 | -63.6% | 33.0% | ||
| Q3 24 | 12.8% | 40.2% | ||
| Q2 24 | 55.2% | 40.4% | ||
| Q1 24 | 8.1% | 38.1% |
净利率CARRCQP
| Q4 25 | 1.1% | 44.2% | ||
| Q3 25 | 7.7% | 21.0% | ||
| Q2 25 | 9.7% | 22.5% | ||
| Q1 25 | 7.9% | 21.4% | ||
| Q4 24 | 70.3% | 25.3% | ||
| Q3 24 | 7.5% | 30.9% | ||
| Q2 24 | 34.9% | 30.1% | ||
| Q1 24 | 4.4% | 29.7% |
每股收益（稀释后）CARRCQP
| Q4 25 | $0.07 | — | ||
| Q3 25 | $0.50 | — | ||
| Q2 25 | $0.68 | — | ||
| Q1 25 | $0.47 | — | ||
| Q4 24 | $2.82 | — | ||
| Q3 24 | $0.49 | — | ||
| Q2 24 | $2.55 | — | ||
| 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 | $1.6B | $182.0M |
| 总债务越低越好 | $11.4B | $14.2B |
| 股东权益账面价值 | $14.1B | — |
| 总资产 | $37.2B | $17.4B |
| 负债/权益比越低杠杆越低 | 0.80× | — |
8季度趋势，按日历期对齐
现金及短期投资CARRCQP
| Q4 25 | $1.6B | $182.0M | ||
| Q3 25 | $1.4B | $121.0M | ||
| Q2 25 | $1.8B | $108.0M | ||
| Q1 25 | $1.7B | $94.0M | ||
| Q4 24 | $4.0B | $270.0M | ||
| Q3 24 | $2.2B | $331.0M | ||
| Q2 24 | $2.9B | $351.0M | ||
| Q1 24 | $1.3B | $333.0M |
总债务CARRCQP
| Q4 25 | $11.4B | $14.2B | ||
| Q3 25 | $11.3B | $14.2B | ||
| Q2 25 | $11.3B | $14.2B | ||
| Q1 25 | $11.1B | $14.7B | ||
| Q4 24 | $11.0B | $14.8B | ||
| Q3 24 | $10.3B | $14.8B | ||
| Q2 24 | $11.3B | $14.8B | ||
| Q1 24 | $15.6B | $13.6B |
股东权益CARRCQP
| Q4 25 | $14.1B | — | ||
| Q3 25 | $14.8B | — | ||
| Q2 25 | $15.0B | — | ||
| Q1 25 | $14.2B | — | ||
| Q4 24 | $14.4B | — | ||
| Q3 24 | $15.0B | — | ||
| Q2 24 | $14.1B | — | ||
| Q1 24 | $11.9B | — |
总资产CARRCQP
| Q4 25 | $37.2B | $17.4B | ||
| Q3 25 | $38.1B | $16.8B | ||
| Q2 25 | $38.5B | $16.9B | ||
| Q1 25 | $36.4B | $17.1B | ||
| Q4 24 | $37.4B | $17.5B | ||
| Q3 24 | $40.2B | $17.4B | ||
| Q2 24 | $40.4B | $17.5B | ||
| Q1 24 | $40.8B | $17.5B |
负债/权益比CARRCQP
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.76× | — | ||
| Q2 25 | 0.76× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.77× | — | ||
| Q3 24 | 0.69× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 1.31× | — |
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 | $1.0B | $887.0M |
| 自由现金流经营现金流 - 资本支出 | $909.0M | $864.0M |
| 自由现金流率自由现金流/营收 | 18.8% | 29.7% |
| 资本支出强度资本支出/营收 | 2.7% | 0.8% |
| 现金转化率经营现金流/净利润 | 19.62× | 0.69× |
| 过去12个月自由现金流最近4个季度 | $2.1B | $2.6B |
8季度趋势，按日历期对齐
经营现金流CARRCQP
| Q4 25 | $1.0B | $887.0M | ||
| Q3 25 | $341.0M | $658.0M | ||
| Q2 25 | $649.0M | $558.0M | ||
| Q1 25 | $483.0M | $665.0M | ||
| Q4 24 | $132.0M | $876.0M | ||
| Q3 24 | $-269.0M | $691.0M | ||
| Q2 24 | $660.0M | $732.0M | ||
| Q1 24 | $40.0M | $669.0M |
自由现金流CARRCQP
| Q4 25 | $909.0M | $864.0M | ||
| Q3 25 | $224.0M | $610.0M | ||
| Q2 25 | $568.0M | $490.0M | ||
| Q1 25 | $420.0M | $605.0M | ||
| Q4 24 | $-85.0M | $827.0M | ||
| Q3 24 | $-356.0M | $652.0M | ||
| Q2 24 | $549.0M | $702.0M | ||
| Q1 24 | $-64.0M | $633.0M |
自由现金流率CARRCQP
| Q4 25 | 18.8% | 29.7% | ||
| Q3 25 | 4.0% | 25.4% | ||
| Q2 25 | 9.3% | 20.0% | ||
| Q1 25 | 8.0% | 20.2% | ||
| Q4 24 | -2.3% | 33.6% | ||
| Q3 24 | -5.9% | 31.7% | ||
| Q2 24 | 8.2% | 37.1% | ||
| Q1 24 | -1.0% | 27.6% |
资本支出强度CARRCQP
| Q4 25 | 2.7% | 0.8% | ||
| Q3 25 | 2.1% | 2.0% | ||
| Q2 25 | 1.3% | 2.8% | ||
| Q1 25 | 1.2% | 2.0% | ||
| Q4 24 | 6.0% | 2.0% | ||
| Q3 24 | 1.5% | 1.9% | ||
| Q2 24 | 1.7% | 1.6% | ||
| Q1 24 | 1.7% | 1.6% |
现金转化率CARRCQP
| Q4 25 | 19.62× | 0.69× | ||
| Q3 25 | 0.80× | 1.30× | ||
| Q2 25 | 1.10× | 1.01× | ||
| Q1 25 | 1.17× | 1.04× | ||
| Q4 24 | 0.05× | 1.41× | ||
| Q3 24 | -0.60× | 1.09× | ||
| Q2 24 | 0.28× | 1.28× | ||
| Q1 24 | 0.15× | 0.98× |
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
CARR
| Products | $4.1B | 86% |
| Services | $699.0M | 14% |
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
