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Delek Logistics Partners, LP（DKL）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
REPLIGEN CORP的季度营收约是Delek Logistics Partners, LP的1.3倍（$197.9M vs $154.7M），Delek Logistics Partners, LP净利率更高（20.9% vs 6.7%，领先14.2%），Delek Logistics Partners, LP同比增速更快（518.9% vs 13.6%），过去两年REPLIGEN CORP的营收复合增速更高（14.4% vs -23.5%）
Delek Logistics Partners, LP是一家总部位于美国的中游能源物流企业，主要提供原油、成品油及可再生燃料的存储、运输与配送服务，客户覆盖美国墨西哥湾沿岸及东南部地区的下游能源运营商、零售燃油网络和工业客户。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
DKL vs RGEN — 直观对比
营收规模更大
RGEN
是对方的1.3倍
$154.7M
营收增速更快
DKL
高出505.2%
13.6%
净利率更高
DKL
高出14.2%
6.7%
两年增速更快
RGEN
近两年复合增速
-23.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $154.7M | $197.9M |
| 净利润 | $32.4M | $13.3M |
| 毛利率 | -62.0% | 52.5% |
| 营业利润率 | 25.9% | 9.0% |
| 净利率 | 20.9% | 6.7% |
| 营收同比 | 518.9% | 13.6% |
| 净利润同比 | — | 143.9% |
| 每股收益（稀释后） | $0.60 | $0.24 |
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DKLRGEN
| Q1 26 | $154.7M | — | ||
| Q4 25 | $255.8M | $197.9M | ||
| Q3 25 | $261.3M | $188.8M | ||
| Q2 25 | $246.3M | $182.4M | ||
| Q1 25 | $249.9M | $169.2M | ||
| Q4 24 | $209.9M | $174.1M | ||
| Q3 24 | $214.1M | $154.9M | ||
| Q2 24 | $264.6M | $154.1M |
净利润DKLRGEN
| Q1 26 | $32.4M | — | ||
| Q4 25 | $47.3M | $13.3M | ||
| Q3 25 | $45.6M | $14.9M | ||
| Q2 25 | $44.6M | $14.9M | ||
| Q1 25 | $39.0M | $5.8M | ||
| Q4 24 | $35.3M | $-30.3M | ||
| Q3 24 | $33.7M | $-654.0K | ||
| Q2 24 | $41.1M | $3.3M |
毛利率DKLRGEN
| Q1 26 | -62.0% | — | ||
| Q4 25 | 17.2% | 52.5% | ||
| Q3 25 | 20.6% | 53.2% | ||
| Q2 25 | 25.8% | 50.0% | ||
| Q1 25 | 21.5% | 53.6% | ||
| Q4 24 | 23.4% | 26.1% | ||
| Q3 24 | 22.8% | 50.0% | ||
| Q2 24 | 28.1% | 49.8% |
营业利润率DKLRGEN
| Q1 26 | 25.9% | — | ||
| Q4 25 | 14.2% | 9.0% | ||
| Q3 25 | 17.4% | 8.9% | ||
| Q2 25 | 21.3% | 7.6% | ||
| Q1 25 | 19.0% | 3.9% | ||
| Q4 24 | 18.1% | -17.7% | ||
| Q3 24 | 14.9% | -5.1% | ||
| Q2 24 | 25.9% | 1.0% |
净利率DKLRGEN
| Q1 26 | 20.9% | — | ||
| Q4 25 | 18.5% | 6.7% | ||
| Q3 25 | 17.4% | 7.9% | ||
| Q2 25 | 18.1% | 8.2% | ||
| Q1 25 | 15.6% | 3.4% | ||
| Q4 24 | 16.8% | -17.4% | ||
| Q3 24 | 15.7% | -0.4% | ||
| Q2 24 | 15.5% | 2.2% |
每股收益（稀释后）DKLRGEN
| Q1 26 | $0.60 | — | ||
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.26 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $-0.55 | ||
| Q3 24 | — | $-0.01 | ||
| Q2 24 | — | $0.06 |
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 | $9.9M | $767.6M |
| 总债务越低越好 | $2.3B | $542.2M |
| 股东权益账面价值 | — | $2.1B |
| 总资产 | $2.9B | $2.9B |
| 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DKLRGEN
| Q1 26 | $9.9M | — | ||
| Q4 25 | $10.9M | $767.6M | ||
| Q3 25 | $6.9M | $748.7M | ||
| Q2 25 | $1.4M | $708.9M | ||
| Q1 25 | $2.1M | $697.2M | ||
| Q4 24 | $5.4M | $757.4M | ||
| Q3 24 | $7.3M | $784.0M | ||
| Q2 24 | $5.1M | $809.1M |
总债务DKLRGEN
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $542.2M | ||
| Q3 25 | $2.3B | $537.9M | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $1.9B | $525.6M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.6B | — |
股东权益DKLRGEN
| Q1 26 | — | — | ||
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B |
总资产DKLRGEN
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.8B | $2.9B | ||
| Q3 25 | $2.7B | $2.9B | ||
| Q2 25 | $2.8B | $2.9B | ||
| Q1 25 | $2.4B | $2.9B | ||
| Q4 24 | $2.0B | $2.8B | ||
| Q3 24 | $2.0B | $2.8B | ||
| Q2 24 | $1.6B | $2.9B |
负债/权益比DKLRGEN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $170.4M | $25.7M |
| 自由现金流经营现金流 - 资本支出 | — | $17.6M |
| 自由现金流率自由现金流/营收 | — | 8.9% |
| 资本支出强度资本支出/营收 | 5.4% | 4.1% |
| 现金转化率经营现金流/净利润 | 5.27× | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | $93.9M |
8季度趋势，按日历期对齐
经营现金流DKLRGEN
| Q1 26 | $170.4M | — | ||
| Q4 25 | $43.2M | $25.7M | ||
| Q3 25 | $54.9M | $48.1M | ||
| Q2 25 | $107.4M | $28.6M | ||
| Q1 25 | $31.6M | $15.0M | ||
| Q4 24 | $49.9M | $39.2M | ||
| Q3 24 | $24.9M | $49.3M | ||
| Q2 24 | $87.6M | $42.2M |
自由现金流DKLRGEN
| Q1 26 | — | — | ||
| Q4 25 | $12.6M | $17.6M | ||
| Q3 25 | $-12.3M | $43.4M | ||
| Q2 25 | $-7.1M | $21.5M | ||
| Q1 25 | $-23.9M | $11.4M | ||
| Q4 24 | $3.9M | $33.6M | ||
| Q3 24 | $-31.7M | $42.3M | ||
| Q2 24 | $72.5M | $37.4M |
自由现金流率DKLRGEN
| Q1 26 | — | — | ||
| Q4 25 | 4.9% | 8.9% | ||
| Q3 25 | -4.7% | 23.0% | ||
| Q2 25 | -2.9% | 11.8% | ||
| Q1 25 | -9.6% | 6.8% | ||
| Q4 24 | 1.8% | 19.3% | ||
| Q3 24 | -14.8% | 27.3% | ||
| Q2 24 | 27.4% | 24.3% |
资本支出强度DKLRGEN
| Q1 26 | 5.4% | — | ||
| Q4 25 | 12.0% | 4.1% | ||
| Q3 25 | 25.7% | 2.5% | ||
| Q2 25 | 46.5% | 3.9% | ||
| Q1 25 | 22.2% | 2.1% | ||
| Q4 24 | 21.9% | 3.2% | ||
| Q3 24 | 26.4% | 4.5% | ||
| Q2 24 | 5.7% | 3.1% |
现金转化率DKLRGEN
| Q1 26 | 5.27× | — | ||
| Q4 25 | 0.91× | 1.93× | ||
| Q3 25 | 1.21× | 3.23× | ||
| Q2 25 | 2.41× | 1.92× | ||
| Q1 25 | 0.81× | 2.57× | ||
| Q4 24 | 1.41× | — | ||
| Q3 24 | 0.74× | — | ||
| Q2 24 | 2.13× | 12.70× |
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
DKL
| Third party | $105.4M | 68% |
| Affiliate | $49.2M | 32% |
RGEN
暂无分部数据
