vs
Cheniere Energy Partners, L.P.（CQP）与KLA Corporation（KLAC）财务数据对比。点击上方公司名可切换其他公司
KLA Corporation的季度营收约是Cheniere Energy Partners, L.P.的1.1倍（$3.3B vs $2.9B），Cheniere Energy Partners, L.P.净利率更高（44.2% vs 34.7%，领先9.5%），Cheniere Energy Partners, L.P.同比增速更快（18.3% vs 7.2%），KLA Corporation自由现金流更多（$1.3B vs $864.0M），过去两年KLA Corporation的营收复合增速更高（18.2% 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。
KLA Corporation是总部位于美国加利福尼亚州米尔皮塔斯的企业，主营晶圆制造设备，为半导体及相关纳米电子行业提供过程控制与良率管理系统，产品及服务覆盖晶圆、光罩、集成电路、封装生产从研发到批量制造的全流程。
CQP vs KLAC — 直观对比
营收规模更大
KLAC
是对方的1.1倍
$2.9B
营收增速更快
CQP
高出11.1%
7.2%
净利率更高
CQP
高出9.5%
34.7%
自由现金流更多
KLAC
多$398.0M
$864.0M
两年增速更快
KLAC
近两年复合增速
12.6%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $3.3B |
| 净利润 | $1.3B | $1.1B |
| 毛利率 | — | 61.4% |
| 营业利润率 | 50.5% | — |
| 净利率 | 44.2% | 34.7% |
| 营收同比 | 18.3% | 7.2% |
| 净利润同比 | 106.6% | 39.0% |
| 每股收益（稀释后） | — | $8.68 |
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CQPKLAC
| Q4 25 | $2.9B | $3.3B | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.5B | $3.2B | ||
| Q1 25 | $3.0B | $3.1B | ||
| Q4 24 | $2.5B | $3.1B | ||
| Q3 24 | $2.1B | $2.8B | ||
| Q2 24 | $1.9B | $2.6B | ||
| Q1 24 | $2.3B | $2.4B |
净利润CQPKLAC
| Q4 25 | $1.3B | $1.1B | ||
| Q3 25 | $506.0M | $1.1B | ||
| Q2 25 | $553.0M | $1.2B | ||
| Q1 25 | $641.0M | $1.1B | ||
| Q4 24 | $623.0M | $824.5M | ||
| Q3 24 | $635.0M | $945.9M | ||
| Q2 24 | $570.0M | $836.4M | ||
| Q1 24 | $682.0M | $601.5M |
毛利率CQPKLAC
| Q4 25 | — | 61.4% | ||
| Q3 25 | — | 61.3% | ||
| Q2 25 | — | 62.0% | ||
| Q1 25 | — | 61.6% | ||
| Q4 24 | — | 60.3% | ||
| Q3 24 | — | 59.6% | ||
| Q2 24 | — | 60.7% | ||
| Q1 24 | — | 57.9% |
营业利润率CQPKLAC
| Q4 25 | 50.5% | — | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 29.1% | 41.9% | ||
| Q1 25 | 27.6% | 41.3% | ||
| Q4 24 | 33.0% | 31.6% | ||
| Q3 24 | 40.2% | 38.0% | ||
| Q2 24 | 40.4% | 36.8% | ||
| Q1 24 | 38.1% | 29.7% |
净利率CQPKLAC
| Q4 25 | 44.2% | 34.7% | ||
| Q3 25 | 21.0% | 34.9% | ||
| Q2 25 | 22.5% | 37.9% | ||
| Q1 25 | 21.4% | 35.5% | ||
| Q4 24 | 25.3% | 26.8% | ||
| Q3 24 | 30.9% | 33.3% | ||
| Q2 24 | 30.1% | 32.6% | ||
| Q1 24 | 29.7% | 25.5% |
每股收益（稀释后）CQPKLAC
| Q4 25 | — | $8.68 | ||
| Q3 25 | — | $8.47 | ||
| Q2 25 | — | $9.04 | ||
| Q1 25 | — | $8.16 | ||
| Q4 24 | — | $6.16 | ||
| Q3 24 | — | $7.01 | ||
| Q2 24 | — | $6.16 | ||
| Q1 24 | — | $4.43 |
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 | $2.5B |
| 总债务越低越好 | $14.2B | $5.9B |
| 股东权益账面价值 | — | $5.5B |
| 总资产 | $17.4B | $16.7B |
| 负债/权益比越低杠杆越低 | — | 1.08× |
8季度趋势，按日历期对齐
现金及短期投资CQPKLAC
| Q4 25 | $182.0M | $2.5B | ||
| Q3 25 | $121.0M | $1.9B | ||
| Q2 25 | $108.0M | $2.1B | ||
| Q1 25 | $94.0M | $1.9B | ||
| Q4 24 | $270.0M | $1.8B | ||
| Q3 24 | $331.0M | $2.0B | ||
| Q2 24 | $351.0M | $2.0B | ||
| Q1 24 | $333.0M | $1.8B |
总债务CQPKLAC
| Q4 25 | $14.2B | $5.9B | ||
| Q3 25 | $14.2B | $5.9B | ||
| Q2 25 | $14.2B | $5.9B | ||
| Q1 25 | $14.7B | $5.9B | ||
| Q4 24 | $14.8B | $5.9B | ||
| Q3 24 | $14.8B | $5.9B | ||
| Q2 24 | $14.8B | $5.9B | ||
| Q1 24 | $13.6B | $5.9B |
股东权益CQPKLAC
| Q4 25 | — | $5.5B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.0B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.1B |
总资产CQPKLAC
| Q4 25 | $17.4B | $16.7B | ||
| Q3 25 | $16.8B | $16.3B | ||
| Q2 25 | $16.9B | $16.1B | ||
| Q1 25 | $17.1B | $15.2B | ||
| Q4 24 | $17.5B | $15.0B | ||
| Q3 24 | $17.4B | $15.7B | ||
| Q2 24 | $17.5B | $15.4B | ||
| Q1 24 | $17.5B | $15.0B |
负债/权益比CQPKLAC
| Q4 25 | — | 1.08× | ||
| Q3 25 | — | 1.18× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 1.64× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 1.90× |
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 | $1.4B |
| 自由现金流经营现金流 - 资本支出 | $864.0M | $1.3B |
| 自由现金流率自由现金流/营收 | 29.7% | 38.3% |
| 资本支出强度资本支出/营收 | 0.8% | 3.2% |
| 现金转化率经营现金流/净利润 | 0.69× | 1.19× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $4.4B |
8季度趋势，按日历期对齐
经营现金流CQPKLAC
| Q4 25 | $887.0M | $1.4B | ||
| Q3 25 | $658.0M | $1.2B | ||
| Q2 25 | $558.0M | $1.2B | ||
| Q1 25 | $665.0M | $1.1B | ||
| Q4 24 | $876.0M | $849.5M | ||
| Q3 24 | $691.0M | $995.2M | ||
| Q2 24 | $732.0M | $892.6M | ||
| Q1 24 | $669.0M | $910.0M |
自由现金流CQPKLAC
| Q4 25 | $864.0M | $1.3B | ||
| Q3 25 | $610.0M | $1.1B | ||
| Q2 25 | $490.0M | $1.1B | ||
| Q1 25 | $605.0M | $990.0M | ||
| Q4 24 | $827.0M | $757.2M | ||
| Q3 24 | $652.0M | $934.8M | ||
| Q2 24 | $702.0M | $831.9M | ||
| Q1 24 | $633.0M | $838.2M |
自由现金流率CQPKLAC
| Q4 25 | 29.7% | 38.3% | ||
| Q3 25 | 25.4% | 33.2% | ||
| Q2 25 | 20.0% | 33.5% | ||
| Q1 25 | 20.2% | 32.3% | ||
| Q4 24 | 33.6% | 24.6% | ||
| Q3 24 | 31.7% | 32.9% | ||
| Q2 24 | 37.1% | 32.4% | ||
| Q1 24 | 27.6% | 35.5% |
资本支出强度CQPKLAC
| Q4 25 | 0.8% | 3.2% | ||
| Q3 25 | 2.0% | 3.0% | ||
| Q2 25 | 2.8% | 3.2% | ||
| Q1 25 | 2.0% | 2.7% | ||
| Q4 24 | 2.0% | 3.0% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 1.6% | 2.4% | ||
| Q1 24 | 1.6% | 3.0% |
现金转化率CQPKLAC
| Q4 25 | 0.69× | 1.19× | ||
| Q3 25 | 1.30× | 1.04× | ||
| Q2 25 | 1.01× | 0.97× | ||
| Q1 25 | 1.04× | 0.99× | ||
| Q4 24 | 1.41× | 1.03× | ||
| Q3 24 | 1.09× | 1.05× | ||
| Q2 24 | 1.28× | 1.07× | ||
| Q1 24 | 0.98× | 1.51× |
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% |
KLAC
| Wafer Inspection | $1.6B | 48% |
| Services | $786.1M | 24% |
| Patterning | $696.2M | 21% |
| Specialty Semiconductor Process | $121.6M | 4% |
| PCB And Component Inspection | $80.3M | 2% |
| Other Revenue | $40.2M | 1% |
