vs
Cheniere Energy Partners, L.P.（CQP）与康宁（GLW）财务数据对比。点击上方公司名可切换其他公司
康宁的季度营收约是Cheniere Energy Partners, L.P.的1.4倍（$4.2B vs $2.9B），Cheniere Energy Partners, L.P.净利率更高（44.2% vs 12.8%，领先31.4%），康宁同比增速更快（20.4% vs 18.3%），Cheniere Energy Partners, L.P.自由现金流更多（$864.0M vs $620.0M），过去两年康宁的营收复合增速更高（19.0% vs 12.6%）
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。
康宁是1851年成立的美国跨国科技企业，主营玻璃、陶瓷及相关材料技术，产品线涵盖先进光学产品，主要应用于工业与科研领域。20世纪曾推出多款知名消费产品，包括康宁锅、Corelle餐具、Pyrex烘焙玻璃器皿等，广受市场欢迎。
CQP vs GLW — 直观对比
营收规模更大
GLW
是对方的1.4倍
$2.9B
营收增速更快
GLW
高出2.1%
18.3%
净利率更高
CQP
高出31.4%
12.8%
自由现金流更多
CQP
多$244.0M
$620.0M
两年增速更快
GLW
近两年复合增速
12.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $4.2B |
| 净利润 | $1.3B | $540.0M |
| 毛利率 | — | 35.5% |
| 营业利润率 | 50.5% | 15.9% |
| 净利率 | 44.2% | 12.8% |
| 营收同比 | 18.3% | 20.4% |
| 净利润同比 | 106.6% | 74.2% |
| 每股收益（稀释后） | — | $0.61 |
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CQPGLW
| Q4 25 | $2.9B | $4.2B | ||
| Q3 25 | $2.4B | $4.1B | ||
| Q2 25 | $2.5B | $3.9B | ||
| Q1 25 | $3.0B | $3.5B | ||
| Q4 24 | $2.5B | $3.5B | ||
| Q3 24 | $2.1B | $3.4B | ||
| Q2 24 | $1.9B | $3.3B | ||
| Q1 24 | $2.3B | $3.0B |
净利润CQPGLW
| Q4 25 | $1.3B | $540.0M | ||
| Q3 25 | $506.0M | $430.0M | ||
| Q2 25 | $553.0M | $469.0M | ||
| Q1 25 | $641.0M | $157.0M | ||
| Q4 24 | $623.0M | $310.0M | ||
| Q3 24 | $635.0M | $-117.0M | ||
| Q2 24 | $570.0M | $104.0M | ||
| Q1 24 | $682.0M | $209.0M |
毛利率CQPGLW
| Q4 25 | — | 35.5% | ||
| Q3 25 | — | 37.1% | ||
| Q2 25 | — | 36.0% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 34.2% | ||
| Q3 24 | — | 33.5% | ||
| Q2 24 | — | 29.2% | ||
| Q1 24 | — | 33.4% |
营业利润率CQPGLW
| Q4 25 | 50.5% | 15.9% | ||
| Q3 25 | 29.0% | 14.4% | ||
| Q2 25 | 29.1% | 14.8% | ||
| Q1 25 | 27.6% | 12.9% | ||
| Q4 24 | 33.0% | 11.2% | ||
| Q3 24 | 40.2% | 8.9% | ||
| Q2 24 | 40.4% | 5.7% | ||
| Q1 24 | 38.1% | 8.5% |
净利率CQPGLW
| Q4 25 | 44.2% | 12.8% | ||
| Q3 25 | 21.0% | 10.5% | ||
| Q2 25 | 22.5% | 12.1% | ||
| Q1 25 | 21.4% | 4.5% | ||
| Q4 24 | 25.3% | 8.9% | ||
| Q3 24 | 30.9% | -3.5% | ||
| Q2 24 | 30.1% | 3.2% | ||
| Q1 24 | 29.7% | 7.0% |
每股收益（稀释后）CQPGLW
| Q4 25 | — | $0.61 | ||
| Q3 25 | — | $0.50 | ||
| Q2 25 | — | $0.54 | ||
| Q1 25 | — | $0.18 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | — | $-0.14 | ||
| Q2 24 | — | $0.12 | ||
| Q1 24 | — | $0.24 |
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 | $182.0M | $1.5B |
| 总债务越低越好 | $14.2B | $7.6B |
| 股东权益账面价值 | — | $11.8B |
| 总资产 | $17.4B | $31.0B |
| 负债/权益比越低杠杆越低 | — | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资CQPGLW
| Q4 25 | $182.0M | $1.5B | ||
| Q3 25 | $121.0M | — | ||
| Q2 25 | $108.0M | — | ||
| Q1 25 | $94.0M | — | ||
| Q4 24 | $270.0M | $1.8B | ||
| Q3 24 | $331.0M | — | ||
| Q2 24 | $351.0M | — | ||
| Q1 24 | $333.0M | — |
总债务CQPGLW
| Q4 25 | $14.2B | $7.6B | ||
| Q3 25 | $14.2B | $7.4B | ||
| Q2 25 | $14.2B | $6.7B | ||
| Q1 25 | $14.7B | $7.0B | ||
| Q4 24 | $14.8B | $6.9B | ||
| Q3 24 | $14.8B | $7.1B | ||
| Q2 24 | $14.8B | $6.9B | ||
| Q1 24 | $13.6B | $7.0B |
股东权益CQPGLW
| Q4 25 | — | $11.8B | ||
| Q3 25 | — | $11.5B | ||
| Q2 25 | — | $11.1B | ||
| Q1 25 | — | $10.7B | ||
| Q4 24 | — | $10.7B | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | — | $10.6B | ||
| Q1 24 | — | $11.2B |
总资产CQPGLW
| Q4 25 | $17.4B | $31.0B | ||
| Q3 25 | $16.8B | $29.9B | ||
| Q2 25 | $16.9B | $28.7B | ||
| Q1 25 | $17.1B | $27.4B | ||
| Q4 24 | $17.5B | $27.7B | ||
| Q3 24 | $17.4B | $28.3B | ||
| Q2 24 | $17.5B | $27.2B | ||
| Q1 24 | $17.5B | $27.6B |
负债/权益比CQPGLW
| Q4 25 | — | 0.65× | ||
| Q3 25 | — | 0.64× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.64× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | — | 0.63× |
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 | $887.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $864.0M | $620.0M |
| 自由现金流率自由现金流/营收 | 29.7% | 14.7% |
| 资本支出强度资本支出/营收 | 0.8% | 10.2% |
| 现金转化率经营现金流/净利润 | 0.69× | 1.95× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $1.4B |
8季度趋势，按日历期对齐
经营现金流CQPGLW
| Q4 25 | $887.0M | $1.1B | ||
| Q3 25 | $658.0M | $784.0M | ||
| Q2 25 | $558.0M | $708.0M | ||
| Q1 25 | $665.0M | $151.0M | ||
| Q4 24 | $876.0M | $623.0M | ||
| Q3 24 | $691.0M | $699.0M | ||
| Q2 24 | $732.0M | $521.0M | ||
| Q1 24 | $669.0M | $96.0M |
自由现金流CQPGLW
| Q4 25 | $864.0M | $620.0M | ||
| Q3 25 | $610.0M | $450.0M | ||
| Q2 25 | $490.0M | $400.0M | ||
| Q1 25 | $605.0M | $-57.0M | ||
| Q4 24 | $827.0M | $369.0M | ||
| Q3 24 | $652.0M | $482.0M | ||
| Q2 24 | $702.0M | $279.0M | ||
| Q1 24 | $633.0M | $-156.0M |
自由现金流率CQPGLW
| Q4 25 | 29.7% | 14.7% | ||
| Q3 25 | 25.4% | 11.0% | ||
| Q2 25 | 20.0% | 10.4% | ||
| Q1 25 | 20.2% | -1.7% | ||
| Q4 24 | 33.6% | 10.5% | ||
| Q3 24 | 31.7% | 14.2% | ||
| Q2 24 | 37.1% | 8.6% | ||
| Q1 24 | 27.6% | -5.2% |
资本支出强度CQPGLW
| Q4 25 | 0.8% | 10.2% | ||
| Q3 25 | 2.0% | 8.1% | ||
| Q2 25 | 2.8% | 8.0% | ||
| Q1 25 | 2.0% | 6.0% | ||
| Q4 24 | 2.0% | 7.3% | ||
| Q3 24 | 1.9% | 6.4% | ||
| Q2 24 | 1.6% | 7.4% | ||
| Q1 24 | 1.6% | 8.5% |
现金转化率CQPGLW
| Q4 25 | 0.69× | 1.95× | ||
| Q3 25 | 1.30× | 1.82× | ||
| Q2 25 | 1.01× | 1.51× | ||
| Q1 25 | 1.04× | 0.96× | ||
| Q4 24 | 1.41× | 2.01× | ||
| Q3 24 | 1.09× | — | ||
| Q2 24 | 1.28× | 5.01× | ||
| Q1 24 | 0.98× | 0.46× |
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
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
GLW
暂无分部数据
