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Coterra（CTRA）与GLOBAL PARTNERS LP（GLP）财务数据对比。点击上方公司名可切换其他公司
GLOBAL PARTNERS LP的季度营收约是Coterra的1.2倍（$2.2B vs $1.8B）。Coterra净利率更高（20.6% vs 1.1%，领先19.4%）。Coterra同比增速更快（23.8% vs 7.0%）。过去两年Coterra的营收复合增速更高（11.8% vs 0.2%）
Coterra Energy Inc.是总部位于美国得克萨斯州休斯敦的能源企业，核心业务为油气勘探开发，运营布局覆盖二叠纪盆地、马塞勒斯页岩区及阿纳达科盆地等北美核心油气产区，具备成熟的勘探开发技术与丰富的项目运营经验。
Global Partners LP是一家美国能源供应企业，2018年位列《财富》世界500强第361位，采用业主有限合伙制架构，核心业务为石油产品进口，深耕北美市场开展营销活动，批发的产品涵盖原油、柴油、汽油、取暖油及煤油等品类。
CTRA vs GLP — 直观对比
营收规模更大
GLP
是对方的1.2倍
$1.8B
营收增速更快
CTRA
高出16.8%
7.0%
净利率更高
CTRA
高出19.4%
1.1%
两年增速更快
CTRA
近两年复合增速
0.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.2B |
| 净利润 | $368.0M | $25.1M |
| 毛利率 | — | 11.9% |
| 营业利润率 | 31.9% | 2.6% |
| 净利率 | 20.6% | 1.1% |
| 营收同比 | 23.8% | 7.0% |
| 净利润同比 | 23.9% | 5.0% |
| 每股收益（稀释后） | $0.47 | — |
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CTRAGLP
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $2.0B | $2.2B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | $1.3B | $2.1B | ||
| Q2 24 | $1.3B | $2.3B | ||
| Q1 24 | $1.4B | $2.2B |
净利润CTRAGLP
| Q4 25 | $368.0M | $25.1M | ||
| Q3 25 | $322.0M | $29.0M | ||
| Q2 25 | $511.0M | $25.2M | ||
| Q1 25 | $516.0M | $18.7M | ||
| Q4 24 | $297.0M | $23.9M | ||
| Q3 24 | $252.0M | $45.9M | ||
| Q2 24 | $220.0M | $46.1M | ||
| Q1 24 | $352.0M | $-5.6M |
毛利率CTRAGLP
| Q4 25 | — | 11.9% | ||
| Q3 25 | — | 12.1% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | — | 11.7% | ||
| Q4 24 | — | 13.0% | ||
| Q3 24 | — | 13.4% | ||
| Q2 24 | — | 12.6% | ||
| Q1 24 | — | 9.8% |
营业利润率CTRAGLP
| Q4 25 | 31.9% | 2.6% | ||
| Q3 25 | 26.8% | 2.7% | ||
| Q2 25 | 40.9% | 2.9% | ||
| Q1 25 | 34.8% | 2.6% | ||
| Q4 24 | 22.5% | 2.8% | ||
| Q3 24 | 25.3% | 3.9% | ||
| Q2 24 | 23.0% | 3.7% | ||
| Q1 24 | 30.7% | 1.2% |
净利率CTRAGLP
| Q4 25 | 20.6% | 1.1% | ||
| Q3 25 | 18.3% | 1.3% | ||
| Q2 25 | 29.5% | 1.2% | ||
| Q1 25 | 25.6% | 0.9% | ||
| Q4 24 | 20.5% | 1.2% | ||
| Q3 24 | 19.5% | 2.1% | ||
| Q2 24 | 17.1% | 2.0% | ||
| Q1 24 | 24.6% | -0.3% |
每股收益（稀释后）CTRAGLP
| Q4 25 | $0.47 | — | ||
| Q3 25 | $0.42 | — | ||
| Q2 25 | $0.67 | — | ||
| Q1 25 | $0.68 | — | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $0.34 | — | ||
| Q2 24 | $0.29 | — | ||
| Q1 24 | $0.47 | — |
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 | $114.0M | — |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | $14.8B | — |
| 总资产 | $24.2B | $3.9B |
| 负债/权益比越低杠杆越低 | 0.26× | — |
8季度趋势，按日历期对齐
现金及短期投资CTRAGLP
| Q4 25 | $114.0M | — | ||
| Q3 25 | $98.0M | — | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $186.0M | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $843.0M | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.5B | — |
总债务CTRAGLP
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.9B | — | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | $4.3B | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.6B | — | ||
| Q1 24 | $2.7B | — |
股东权益CTRAGLP
| Q4 25 | $14.8B | — | ||
| Q3 25 | $14.7B | — | ||
| Q2 25 | $14.6B | — | ||
| Q1 25 | $14.2B | — | ||
| Q4 24 | $13.1B | — | ||
| Q3 24 | $13.0B | — | ||
| Q2 24 | $13.0B | — | ||
| Q1 24 | $13.1B | — |
总资产CTRAGLP
| Q4 25 | $24.2B | $3.9B | ||
| Q3 25 | $24.0B | $3.7B | ||
| Q2 25 | $24.0B | $3.8B | ||
| Q1 25 | $24.0B | $3.8B | ||
| Q4 24 | $21.6B | $3.8B | ||
| Q3 24 | $20.1B | $3.7B | ||
| Q2 24 | $20.8B | $3.8B | ||
| Q1 24 | $21.0B | $3.5B |
负债/权益比CTRAGLP
| Q4 25 | 0.26× | — | ||
| Q3 25 | 0.27× | — | ||
| Q2 25 | 0.29× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.27× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.20× | — | ||
| Q1 24 | 0.20× | — |
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 | $970.0M | $101.0M |
| 自由现金流经营现金流 - 资本支出 | — | $62.2M |
| 自由现金流率自由现金流/营收 | — | 2.8% |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 现金转化率经营现金流/净利润 | 2.64× | 4.03× |
| 过去12个月自由现金流最近4个季度 | — | $193.3M |
8季度趋势，按日历期对齐
经营现金流CTRAGLP
| Q4 25 | $970.0M | $101.0M | ||
| Q3 25 | $971.0M | $19.0M | ||
| Q2 25 | $936.0M | $216.3M | ||
| Q1 25 | $1.1B | $-51.6M | ||
| Q4 24 | $626.0M | $67.2M | ||
| Q3 24 | $755.0M | $122.7M | ||
| Q2 24 | $558.0M | $24.3M | ||
| Q1 24 | $856.0M | $-182.7M |
自由现金流CTRAGLP
| Q4 25 | — | $62.2M | ||
| Q3 25 | — | $-678.0K | ||
| Q2 25 | — | $201.3M | ||
| Q1 25 | — | $-69.5M | ||
| Q4 24 | — | $20.4M | ||
| Q3 24 | — | $98.4M | ||
| Q2 24 | — | $8.7M | ||
| Q1 24 | — | $-199.3M |
自由现金流率CTRAGLP
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | -0.0% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | -3.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -9.0% |
资本支出强度CTRAGLP
| Q4 25 | — | 1.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.8% |
现金转化率CTRAGLP
| Q4 25 | 2.64× | 4.03× | ||
| Q3 25 | 3.02× | 0.66× | ||
| Q2 25 | 1.83× | 8.58× | ||
| Q1 25 | 2.22× | -2.76× | ||
| Q4 24 | 2.11× | 2.82× | ||
| Q3 24 | 3.00× | 2.67× | ||
| Q2 24 | 2.54× | 0.53× | ||
| Q1 24 | 2.43× | — |
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
CTRA
| Oil And Condensate | $941.0M | 53% |
| Natural Gas Production | $615.0M | 34% |
| Natural Gas Liquids Reserves | $206.0M | 12% |
| Other Revenues | $28.0M | 2% |
GLP
| Gasoline | $1.0B | 46% |
| Refined Petroleum Products Renewable Fuels Crude Oil And Propane | $884.7M | 40% |
| Commercial Segment | $187.6M | 8% |
| Station Operations | $110.5M | 5% |
