vs
Diversified Energy Co（DEC）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是Diversified Energy Co的1.7倍（$1.1B vs $666.5M），Diversified Energy Co净利率更高（29.3% vs 24.5%，领先4.9%），Martin Marietta Materials自由现金流更多（$424.0M vs $280.0M）
DTE能源是一家总部位于底特律的综合能源企业，在美国与加拿大开展能源相关业务的开发与运营。公司业务板块涵盖电力与燃气公用事业，其中电力业务为密歇根州220万客户服务，燃气业务则服务于该州130万客户。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
DEC vs MLM — 直观对比
营收规模更大
MLM
是对方的1.7倍
$666.5M
净利率更高
DEC
高出4.9%
24.5%
自由现金流更多
MLM
多$144.0M
$280.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $666.5M | $1.1B |
| 净利润 | $195.5M | $279.0M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 37.6% | 24.6% |
| 净利率 | 29.3% | 24.5% |
| 营收同比 | — | -30.1% |
| 净利润同比 | — | -4.8% |
| 每股收益（稀释后） | — | $4.59 |
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DECMLM
| Q4 25 | $666.5M | $1.1B | ||
| Q3 25 | $499.8M | $1.8B | ||
| Q2 25 | $600.3M | $1.8B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.3B |
净利润DECMLM
| Q4 25 | $195.5M | $279.0M | ||
| Q3 25 | $171.1M | $414.0M | ||
| Q2 25 | $297.7M | $328.0M | ||
| Q1 25 | — | $116.0M | ||
| Q4 24 | — | $293.0M | ||
| Q3 24 | — | $363.0M | ||
| Q2 24 | — | $294.0M | ||
| Q1 24 | — | $1.0B |
毛利率DECMLM
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | 44.7% | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 29.3% | ||
| Q1 24 | — | 21.7% |
营业利润率DECMLM
| Q4 25 | 37.6% | 24.6% | ||
| Q3 25 | 36.2% | 27.4% | ||
| Q2 25 | 48.5% | 25.3% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | — | 24.4% | ||
| Q3 24 | — | 25.9% | ||
| Q2 24 | — | 22.6% | ||
| Q1 24 | — | — |
净利率DECMLM
| Q4 25 | 29.3% | 24.5% | ||
| Q3 25 | 34.2% | 22.4% | ||
| Q2 25 | 49.6% | 18.1% | ||
| Q1 25 | — | 8.6% | ||
| Q4 24 | — | 18.0% | ||
| Q3 24 | — | 19.2% | ||
| Q2 24 | — | 16.7% | ||
| Q1 24 | — | 83.5% |
每股收益（稀释后）DECMLM
| Q4 25 | — | $4.59 | ||
| Q3 25 | $2.14 | $6.85 | ||
| Q2 25 | $3.67 | $5.43 | ||
| Q1 25 | — | $1.90 | ||
| Q4 24 | — | $4.87 | ||
| Q3 24 | — | $5.91 | ||
| Q2 24 | — | $4.76 | ||
| Q1 24 | — | $16.87 |
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 | $29.7M | $67.0M |
| 总债务越低越好 | $2.7B | $5.3B |
| 股东权益账面价值 | $984.1M | $10.0B |
| 总资产 | $6.2B | $18.7B |
| 负债/权益比越低杠杆越低 | 2.76× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资DECMLM
| Q4 25 | $29.7M | $67.0M | ||
| Q3 25 | — | $57.0M | ||
| Q2 25 | $23.7M | $225.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | $670.0M | ||
| Q3 24 | — | $52.0M | ||
| Q2 24 | — | $109.0M | ||
| Q1 24 | — | $2.6B |
总债务DECMLM
| Q4 25 | $2.7B | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.3B |
股东权益DECMLM
| Q4 25 | $984.1M | $10.0B | ||
| Q3 25 | — | $9.7B | ||
| Q2 25 | $727.7M | $9.4B | ||
| Q1 25 | — | $9.1B | ||
| Q4 24 | — | $9.5B | ||
| Q3 24 | — | $9.2B | ||
| Q2 24 | — | $8.8B | ||
| Q1 24 | — | $8.9B |
总资产DECMLM
| Q4 25 | $6.2B | $18.7B | ||
| Q3 25 | — | $18.7B | ||
| Q2 25 | $5.7B | $18.1B | ||
| Q1 25 | — | $17.7B | ||
| Q4 24 | — | $18.2B | ||
| Q3 24 | — | $16.5B | ||
| Q2 24 | — | $16.3B | ||
| Q1 24 | — | $16.2B |
负债/权益比DECMLM
| Q4 25 | 2.76× | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× | ||
| Q1 24 | — | 0.49× |
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 | $464.6M | $629.0M |
| 自由现金流经营现金流 - 资本支出 | $280.0M | $424.0M |
| 自由现金流率自由现金流/营收 | 42.0% | 37.2% |
| 资本支出强度资本支出/营收 | 27.7% | 18.0% |
| 现金转化率经营现金流/净利润 | 2.38× | 2.25× |
| 过去12个月自由现金流最近4个季度 | — | $978.0M |
8季度趋势，按日历期对齐
经营现金流DECMLM
| Q4 25 | $464.6M | $629.0M | ||
| Q3 25 | — | $551.0M | ||
| Q2 25 | $264.1M | $387.0M | ||
| Q1 25 | — | $218.0M | ||
| Q4 24 | — | $686.0M | ||
| Q3 24 | — | $600.0M | ||
| Q2 24 | — | $1.0M | ||
| Q1 24 | — | $172.0M |
自由现金流DECMLM
| Q4 25 | $280.0M | $424.0M | ||
| Q3 25 | — | $361.0M | ||
| Q2 25 | — | $208.0M | ||
| Q1 25 | — | $-15.0M | ||
| Q4 24 | — | $453.0M | ||
| Q3 24 | — | $317.0M | ||
| Q2 24 | — | $-138.0M | ||
| Q1 24 | — | $-28.0M |
自由现金流率DECMLM
| Q4 25 | 42.0% | 37.2% | ||
| Q3 25 | — | 19.6% | ||
| Q2 25 | — | 11.5% | ||
| Q1 25 | — | -1.1% | ||
| Q4 24 | — | 27.8% | ||
| Q3 24 | — | 16.8% | ||
| Q2 24 | — | -7.8% | ||
| Q1 24 | — | -2.2% |
资本支出强度DECMLM
| Q4 25 | 27.7% | 18.0% | ||
| Q3 25 | — | 10.3% | ||
| Q2 25 | — | 9.9% | ||
| Q1 25 | — | 17.2% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 7.9% | ||
| Q1 24 | — | 16.0% |
现金转化率DECMLM
| Q4 25 | 2.38× | 2.25× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | 0.89× | 1.18× | ||
| Q1 25 | — | 1.88× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | — | 1.65× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.16× |
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
DEC
暂无分部数据
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
