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雅培（CLB）与WaterBridge Infrastructure LLC（WBI）财务数据对比。点击上方公司名可切换其他公司
雅培的季度营收约是WaterBridge Infrastructure LLC的1.1倍（$138.3M vs $123.3M）。雅培净利率更高（3.6% vs -0.5%，领先4.1%）。雅培自由现金流更多（$5.0M vs $-117.8M）
雅培是一家总部位于美国伊利诺伊州阿伯特公园的跨国医疗保健企业，在全球医疗健康领域开展业务，主营诊断产品、营养健康产品、医疗器械，同时在美国境外销售医药产品，是全球知名的医疗健康提供商。
水桥基础设施（WaterBridge Infrastructure LLC）隶属于全球基础设施伙伴集团（GIP）。GIP是美国知名基础设施投资基金，在全球开展股权及优质债权投资业务，总部设于纽约，投资覆盖能源、交通、给排水与固废处理等领域的基础设施资产，在伦敦、悉尼、新加坡等全球多个城市设有办事处，拥有约150名投资及运营专业人员。
CLB vs WBI — 直观对比
营收规模更大
CLB
是对方的1.1倍
$123.3M
净利率更高
CLB
高出4.1%
-0.5%
自由现金流更多
CLB
多$122.8M
$-117.8M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $138.3M | $123.3M |
| 净利润 | $4.9M | $-667.0K |
| 毛利率 | 20.8% | 28.4% |
| 营业利润率 | 11.5% | 19.2% |
| 净利率 | 3.6% | -0.5% |
| 营收同比 | 7.0% | — |
| 净利润同比 | -33.2% | — |
| 每股收益（稀释后） | $0.11 | $-0.02 |
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CLBWBI
| Q4 25 | $138.3M | — | ||
| Q3 25 | $134.5M | $123.3M | ||
| Q2 25 | $130.2M | — | ||
| Q1 25 | $123.6M | — | ||
| Q4 24 | $129.2M | — | ||
| Q3 24 | $134.4M | — | ||
| Q2 24 | $130.6M | — | ||
| Q1 24 | $129.6M | — |
净利润CLBWBI
| Q4 25 | $4.9M | — | ||
| Q3 25 | $14.2M | $-667.0K | ||
| Q2 25 | $10.6M | — | ||
| Q1 25 | $-154.0K | — | ||
| Q4 24 | $7.4M | — | ||
| Q3 24 | $11.7M | — | ||
| Q2 24 | $9.0M | — | ||
| Q1 24 | $3.2M | — |
毛利率CLBWBI
| Q4 25 | 20.8% | — | ||
| Q3 25 | 22.0% | 28.4% | ||
| Q2 25 | 20.3% | — | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 17.8% | — | ||
| Q3 24 | 20.5% | — | ||
| Q2 24 | 21.2% | — | ||
| Q1 24 | 19.3% | — |
营业利润率CLBWBI
| Q4 25 | 11.5% | — | ||
| Q3 25 | 15.6% | 19.2% | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 3.6% | — | ||
| Q4 24 | 11.0% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 6.6% | — |
净利率CLBWBI
| Q4 25 | 3.6% | — | ||
| Q3 25 | 10.6% | -0.5% | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | -0.1% | — | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 6.9% | — | ||
| Q1 24 | 2.5% | — |
每股收益（稀释后）CLBWBI
| Q4 25 | $0.11 | — | ||
| Q3 25 | $0.30 | $-0.02 | ||
| Q2 25 | $0.22 | — | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.15 | — | ||
| Q3 24 | $0.25 | — | ||
| Q2 24 | $0.19 | — | ||
| Q1 24 | $0.07 | — |
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 | $22.7M | $346.6M |
| 总债务越低越好 | $110.3M | — |
| 股东权益账面价值 | $266.0M | $607.7M |
| 总资产 | $584.0M | $3.9B |
| 负债/权益比越低杠杆越低 | 0.41× | — |
8季度趋势，按日历期对齐
现金及短期投资CLBWBI
| Q4 25 | $22.7M | — | ||
| Q3 25 | $25.6M | $346.6M | ||
| Q2 25 | $31.2M | — | ||
| Q1 25 | $22.1M | — | ||
| Q4 24 | $19.2M | — | ||
| Q3 24 | $21.5M | — | ||
| Q2 24 | $17.7M | — | ||
| Q1 24 | $14.9M | — |
总债务CLBWBI
| Q4 25 | $110.3M | — | ||
| Q3 25 | $114.1M | — | ||
| Q2 25 | $124.6M | — | ||
| Q1 25 | $124.4M | — | ||
| Q4 24 | $126.1M | — | ||
| Q3 24 | $139.9M | — | ||
| Q2 24 | $147.6M | — | ||
| Q1 24 | $160.4M | — |
股东权益CLBWBI
| Q4 25 | $266.0M | — | ||
| Q3 25 | $271.3M | $607.7M | ||
| Q2 25 | $261.3M | — | ||
| Q1 25 | $253.4M | — | ||
| Q4 24 | $246.6M | — | ||
| Q3 24 | $250.7M | — | ||
| Q2 24 | $240.3M | — | ||
| Q1 24 | $232.2M | — |
总资产CLBWBI
| Q4 25 | $584.0M | — | ||
| Q3 25 | $591.4M | $3.9B | ||
| Q2 25 | $602.1M | — | ||
| Q1 25 | $591.5M | — | ||
| Q4 24 | $585.1M | — | ||
| Q3 24 | $600.5M | — | ||
| Q2 24 | $597.8M | — | ||
| Q1 24 | $597.8M | — |
负债/权益比CLBWBI
| Q4 25 | 0.41× | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.48× | — | ||
| Q1 25 | 0.49× | — | ||
| Q4 24 | 0.51× | — | ||
| Q3 24 | 0.56× | — | ||
| Q2 24 | 0.61× | — | ||
| Q1 24 | 0.69× | — |
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 | $7.9M | $71.5M |
| 自由现金流经营现金流 - 资本支出 | $5.0M | $-117.8M |
| 自由现金流率自由现金流/营收 | 3.6% | -95.6% |
| 资本支出强度资本支出/营收 | 2.1% | 153.6% |
| 现金转化率经营现金流/净利润 | 1.61× | — |
| 过去12个月自由现金流最近4个季度 | $25.8M | — |
8季度趋势，按日历期对齐
经营现金流CLBWBI
| Q4 25 | $7.9M | — | ||
| Q3 25 | $8.5M | $71.5M | ||
| Q2 25 | $13.9M | — | ||
| Q1 25 | $6.7M | — | ||
| Q4 24 | $20.6M | — | ||
| Q3 24 | $13.1M | — | ||
| Q2 24 | $17.1M | — | ||
| Q1 24 | $5.5M | — |
自由现金流CLBWBI
| Q4 25 | $5.0M | — | ||
| Q3 25 | $6.5M | $-117.8M | ||
| Q2 25 | $10.4M | — | ||
| Q1 25 | $3.9M | — | ||
| Q4 24 | $17.4M | — | ||
| Q3 24 | $10.4M | — | ||
| Q2 24 | $14.3M | — | ||
| Q1 24 | $2.5M | — |
自由现金流率CLBWBI
| Q4 25 | 3.6% | — | ||
| Q3 25 | 4.8% | -95.6% | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 13.4% | — | ||
| Q3 24 | 7.7% | — | ||
| Q2 24 | 10.9% | — | ||
| Q1 24 | 1.9% | — |
资本支出强度CLBWBI
| Q4 25 | 2.1% | — | ||
| Q3 25 | 1.5% | 153.6% | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 2.4% | — |
现金转化率CLBWBI
| Q4 25 | 1.61× | — | ||
| Q3 25 | 0.60× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.78× | — | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.90× | — | ||
| Q1 24 | 1.72× | — |
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
CLB
| Services | $107.0M | 77% |
| Products | $31.3M | 23% |
WBI
| Produced Water Handling Revenues Excluding Skim Oil | $102.3M | 83% |
| Water Bridge Equity Finance Limited Liability Company | $12.0M | 10% |
| Skim Oil | $9.1M | 7% |
| Desert Environmental Limited Liability Company | $1.2M | 1% |
