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DORCHESTER MINERALS, L.P.（DMLP）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
MERCANTILE BANK CORP的季度营收约是DORCHESTER MINERALS, L.P.的1.6倍（$67.6M vs $41.9M），DORCHESTER MINERALS, L.P.净利率更高（38.7% vs 33.6%，领先5.1%），过去两年DORCHESTER MINERALS, L.P.的营收复合增速更高（16.2% vs 9.1%）
多切斯特矿业有限合伙是一家总部位于美国的上市有限合伙企业，主要收购、持有及管理油气相关的特许权权益、净利润权益、矿产产权等多元化资产组合，资产覆盖美国多个核心陆上油气产区，为合伙份额持有人提供稳定的现金流回报。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
DMLP vs MBWM — 直观对比
营收规模更大
MBWM
是对方的1.6倍
$41.9M
净利率更高
DMLP
高出5.1%
33.6%
两年增速更快
DMLP
近两年复合增速
9.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $41.9M | $67.6M |
| 净利润 | $16.2M | $22.7M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 38.7% | 33.6% |
| 营收同比 | 5.4% | — |
| 净利润同比 | 13.7% | 16.1% |
| 每股收益（稀释后） | — | $1.32 |
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DMLPMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $41.9M | $62.1M | ||
| Q3 25 | $35.4M | $62.4M | ||
| Q2 25 | $32.4M | $60.9M | ||
| Q1 25 | $43.2M | $57.3M | ||
| Q4 24 | $39.7M | $58.5M | ||
| Q3 24 | $53.5M | $58.0M | ||
| Q2 24 | $37.4M | $56.8M |
净利润DMLPMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $16.2M | $22.8M | ||
| Q3 25 | $11.2M | $23.8M | ||
| Q2 25 | $12.3M | $22.6M | ||
| Q1 25 | $17.6M | $19.5M | ||
| Q4 24 | $14.2M | $19.6M | ||
| Q3 24 | $36.4M | $19.6M | ||
| Q2 24 | $23.6M | $18.8M |
营业利润率DMLPMBWM
| Q1 26 | — | — | ||
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 44.0% | ||
| Q2 25 | — | 42.6% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | — | 39.7% | ||
| Q3 24 | — | 42.4% | ||
| Q2 24 | — | 41.4% |
净利率DMLPMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | 38.7% | 36.8% | ||
| Q3 25 | 31.5% | 38.1% | ||
| Q2 25 | 38.1% | 37.1% | ||
| Q1 25 | 40.9% | 34.1% | ||
| Q4 24 | 35.9% | 33.5% | ||
| Q3 24 | 68.1% | 33.8% | ||
| Q2 24 | 63.2% | 33.1% |
每股收益（稀释后）DMLPMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | — | $1.41 | ||
| Q3 25 | — | $1.46 | ||
| Q2 25 | — | $1.39 | ||
| Q1 25 | — | $1.21 | ||
| Q4 24 | — | $1.20 | ||
| Q3 24 | — | $1.22 | ||
| Q2 24 | — | $1.17 |
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 | $41.9M | — |
| 总债务越低越好 | — | $1.5M |
| 股东权益账面价值 | — | $736.9M |
| 总资产 | $309.6M | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资DMLPMBWM
| Q1 26 | — | — | ||
| Q4 25 | $41.9M | — | ||
| Q3 25 | $41.6M | — | ||
| Q2 25 | $36.5M | — | ||
| Q1 25 | $41.5M | — | ||
| Q4 24 | $42.5M | — | ||
| Q3 24 | $56.5M | — | ||
| Q2 24 | $35.2M | — |
总债务DMLPMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益DMLPMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | — | $724.9M | ||
| Q3 25 | — | $657.6M | ||
| Q2 25 | — | $631.5M | ||
| Q1 25 | — | $608.3M | ||
| Q4 24 | — | $584.5M | ||
| Q3 24 | — | $583.3M | ||
| Q2 24 | — | $551.2M |
总资产DMLPMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $309.6M | $6.8B | ||
| Q3 25 | $330.4M | $6.3B | ||
| Q2 25 | $325.6M | $6.2B | ||
| Q1 25 | $349.0M | $6.1B | ||
| Q4 24 | $366.8M | $6.1B | ||
| Q3 24 | $403.4M | $5.9B | ||
| Q2 24 | $176.0M | $5.6B |
负债/权益比DMLPMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $34.3M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.12× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DMLPMBWM
| Q1 26 | — | — | ||
| Q4 25 | $34.3M | $18.0M | ||
| Q3 25 | $34.3M | $23.1M | ||
| Q2 25 | $30.5M | $-7.8M | ||
| Q1 25 | $33.4M | $-3.0M | ||
| Q4 24 | $31.5M | $101.1M | ||
| Q3 24 | $43.7M | $-8.1M | ||
| Q2 24 | $29.4M | $9.1M |
现金转化率DMLPMBWM
| Q1 26 | — | — | ||
| Q4 25 | 2.12× | 0.79× | ||
| Q3 25 | 3.07× | 0.97× | ||
| Q2 25 | 2.47× | -0.35× | ||
| Q1 25 | 1.89× | -0.15× | ||
| Q4 24 | 2.21× | 5.15× | ||
| Q3 24 | 1.20× | -0.41× | ||
| Q2 24 | 1.25× | 0.49× |
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
DMLP
| Royalties | $34.0M | 81% |
| Other | $7.8M | 19% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
