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Cheniere Energy Partners, L.P.（CQP）与德事隆（TXT）财务数据对比。点击上方公司名可切换其他公司
德事隆的季度营收约是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 5.6%，领先38.6%），Cheniere Energy Partners, L.P.同比增速更快（18.3% vs 15.6%），Cheniere Energy Partners, L.P.自由现金流更多（$864.0M vs $527.0M），过去两年德事隆的营收复合增速更高（15.4% 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。
德事隆是总部位于美国罗德岛州普罗维登斯的工业集团，1923年由罗亚尔·利特尔创立，前身为特种纱线公司。旗下拥有贝尔德事隆、考泰斯、德事隆航空、莱康明发动机等子公司，业务覆盖25个国家，2020年员工总数超3.3万人，2021年位列美国财富500强第265位。
CQP vs TXT — 直观对比
营收规模更大
TXT
是对方的1.4倍
$2.9B
营收增速更快
CQP
高出2.7%
15.6%
净利率更高
CQP
高出38.6%
5.6%
自由现金流更多
CQP
多$337.0M
$527.0M
两年增速更快
TXT
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 | $235.0M |
| 毛利率 | — | — |
| 营业利润率 | 50.5% | — |
| 净利率 | 44.2% | 5.6% |
| 营收同比 | 18.3% | 15.6% |
| 净利润同比 | 106.6% | 66.7% |
| 每股收益（稀释后） | — | — |
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CQPTXT
| Q4 25 | $2.9B | $4.2B | ||
| Q3 25 | $2.4B | $3.6B | ||
| Q2 25 | $2.5B | $3.7B | ||
| Q1 25 | $3.0B | $3.3B | ||
| Q4 24 | $2.5B | $3.6B | ||
| Q3 24 | $2.1B | $3.4B | ||
| Q2 24 | $1.9B | $3.5B | ||
| Q1 24 | $2.3B | $3.1B |
净利润CQPTXT
| Q4 25 | $1.3B | $235.0M | ||
| Q3 25 | $506.0M | $234.0M | ||
| Q2 25 | $553.0M | $245.0M | ||
| Q1 25 | $641.0M | $207.0M | ||
| Q4 24 | $623.0M | $141.0M | ||
| Q3 24 | $635.0M | $223.0M | ||
| Q2 24 | $570.0M | $259.0M | ||
| Q1 24 | $682.0M | $201.0M |
营业利润率CQPTXT
| Q4 25 | 50.5% | — | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 29.1% | — | ||
| Q1 25 | 27.6% | — | ||
| Q4 24 | 33.0% | 3.6% | ||
| Q3 24 | 40.2% | 7.4% | ||
| Q2 24 | 40.4% | 9.2% | ||
| Q1 24 | 38.1% | 7.6% |
净利率CQPTXT
| Q4 25 | 44.2% | 5.6% | ||
| Q3 25 | 21.0% | 6.5% | ||
| Q2 25 | 22.5% | 6.6% | ||
| Q1 25 | 21.4% | 6.3% | ||
| Q4 24 | 25.3% | 3.9% | ||
| Q3 24 | 30.9% | 6.5% | ||
| Q2 24 | 30.1% | 7.3% | ||
| Q1 24 | 29.7% | 6.4% |
每股收益（稀释后）CQPTXT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.13 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.03 |
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 | — |
| 总债务越低越好 | $14.2B | — |
| 股东权益账面价值 | — | — |
| 总资产 | $17.4B | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CQPTXT
| Q4 25 | $182.0M | — | ||
| Q3 25 | $121.0M | — | ||
| Q2 25 | $108.0M | — | ||
| Q1 25 | $94.0M | — | ||
| Q4 24 | $270.0M | — | ||
| Q3 24 | $331.0M | — | ||
| Q2 24 | $351.0M | — | ||
| Q1 24 | $333.0M | — |
总债务CQPTXT
| Q4 25 | $14.2B | — | ||
| Q3 25 | $14.2B | — | ||
| Q2 25 | $14.2B | — | ||
| Q1 25 | $14.7B | — | ||
| Q4 24 | $14.8B | — | ||
| Q3 24 | $14.8B | — | ||
| Q2 24 | $14.8B | — | ||
| Q1 24 | $13.6B | — |
股东权益CQPTXT
| Q4 25 | — | — | ||
| Q3 25 | — | $7.5B | ||
| Q2 25 | — | $7.4B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B | ||
| Q1 24 | — | $6.9B |
总资产CQPTXT
| Q4 25 | $17.4B | — | ||
| Q3 25 | $16.8B | $17.4B | ||
| Q2 25 | $16.9B | $17.1B | ||
| Q1 25 | $17.1B | $16.9B | ||
| Q4 24 | $17.5B | $16.8B | ||
| Q3 24 | $17.4B | $16.5B | ||
| Q2 24 | $17.5B | $16.4B | ||
| Q1 24 | $17.5B | $16.4B |
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 | $700.0M |
| 自由现金流经营现金流 - 资本支出 | $864.0M | $527.0M |
| 自由现金流率自由现金流/营收 | 29.7% | 12.6% |
| 资本支出强度资本支出/营收 | 0.8% | 4.1% |
| 现金转化率经营现金流/净利润 | 0.69× | 2.98× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $929.0M |
8季度趋势，按日历期对齐
经营现金流CQPTXT
| Q4 25 | $887.0M | $700.0M | ||
| Q3 25 | $658.0M | $349.0M | ||
| Q2 25 | $558.0M | $387.0M | ||
| Q1 25 | $665.0M | $-124.0M | ||
| Q4 24 | $876.0M | $446.0M | ||
| Q3 24 | $691.0M | $208.0M | ||
| Q2 24 | $732.0M | $367.0M | ||
| Q1 24 | $669.0M | $-7.0M |
自由现金流CQPTXT
| Q4 25 | $864.0M | $527.0M | ||
| Q3 25 | $610.0M | $273.0M | ||
| Q2 25 | $490.0M | $309.0M | ||
| Q1 25 | $605.0M | $-180.0M | ||
| Q4 24 | $827.0M | $293.0M | ||
| Q3 24 | $652.0M | $137.0M | ||
| Q2 24 | $702.0M | $293.0M | ||
| Q1 24 | $633.0M | $-73.0M |
自由现金流率CQPTXT
| Q4 25 | 29.7% | 12.6% | ||
| Q3 25 | 25.4% | 7.6% | ||
| Q2 25 | 20.0% | 8.3% | ||
| Q1 25 | 20.2% | -5.4% | ||
| Q4 24 | 33.6% | 8.1% | ||
| Q3 24 | 31.7% | 4.0% | ||
| Q2 24 | 37.1% | 8.3% | ||
| Q1 24 | 27.6% | -2.3% |
资本支出强度CQPTXT
| Q4 25 | 0.8% | 4.1% | ||
| Q3 25 | 2.0% | 2.1% | ||
| Q2 25 | 2.8% | 2.1% | ||
| Q1 25 | 2.0% | 1.7% | ||
| Q4 24 | 2.0% | 4.2% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 1.6% | 2.1% | ||
| Q1 24 | 1.6% | 2.1% |
现金转化率CQPTXT
| Q4 25 | 0.69× | 2.98× | ||
| Q3 25 | 1.30× | 1.49× | ||
| Q2 25 | 1.01× | 1.58× | ||
| Q1 25 | 1.04× | -0.60× | ||
| Q4 24 | 1.41× | 3.16× | ||
| Q3 24 | 1.09× | 0.93× | ||
| Q2 24 | 1.28× | 1.42× | ||
| Q1 24 | 0.98× | -0.03× |
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% |
TXT
| Aircraft | $1.2B | 29% |
| Military Aircraft And Support Programs | $655.0M | 16% |
| Aftermarket Parts And Services | $551.0M | 13% |
| Services | $507.0M | 12% |
| Fuel Systems And Functional Components | $480.0M | 11% |
| Textron Systems | $323.0M | 8% |
| Other | $317.0M | 8% |
| US Government | $119.0M | 3% |
| Finance | $18.0M | 0% |
| Textron E Aviation Segment | $7.0M | 0% |
