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DT Midstream, Inc.（DTM）与FOSTER L B CO（FSTR）财务数据对比。点击上方公司名可切换其他公司
DT Midstream, Inc.的季度营收约是FOSTER L B CO的2.0倍（$317.0M vs $160.4M），DT Midstream, Inc.净利率更高（35.0% vs 1.5%，领先33.5%），DT Midstream, Inc.同比增速更快（27.3% vs 25.1%），DT Midstream, Inc.自由现金流更多（$30.0M vs $19.8M），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs 13.6%）
ONEOK是美国油气中游运营商，总部位于俄克拉荷马州塔尔萨，为油气行业提供收集、处理、分馏、运输及存储服务，是财富500强企业及标普500指数成分股。公司1906年成立时名为俄克拉荷马天然气公司，1980年更为现名。
Foster L B Co.是一家总部位于美国的专业工业制造企业，主要生产销售工程通道产品、建筑组件及铁路基础设施用品，服务覆盖北美及部分全球地区的商业建筑、交通和工业领域客户。
DTM vs FSTR — 直观对比
营收规模更大
DTM
是对方的2.0倍
$160.4M
营收增速更快
DTM
高出2.2%
25.1%
净利率更高
DTM
高出33.5%
1.5%
自由现金流更多
DTM
多$10.2M
$19.8M
两年增速更快
DTM
近两年复合增速
13.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $160.4M |
| 净利润 | $111.0M | $2.4M |
| 毛利率 | — | 19.7% |
| 营业利润率 | 49.2% | 4.9% |
| 净利率 | 35.0% | 1.5% |
| 营收同比 | 27.3% | 25.1% |
| 净利润同比 | 52.1% | 1098.3% |
| 每股收益（稀释后） | $1.07 | $0.22 |
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DTMFSTR
| Q4 25 | $317.0M | $160.4M | ||
| Q3 25 | $314.0M | $138.3M | ||
| Q2 25 | $309.0M | $143.6M | ||
| Q1 25 | $303.0M | $97.8M | ||
| Q4 24 | $249.0M | $128.2M | ||
| Q3 24 | $248.0M | $137.5M | ||
| Q2 24 | $244.0M | $140.8M | ||
| Q1 24 | $240.0M | $124.3M |
净利润DTMFSTR
| Q4 25 | $111.0M | $2.4M | ||
| Q3 25 | $115.0M | $4.4M | ||
| Q2 25 | $107.0M | $2.9M | ||
| Q1 25 | $108.0M | $-2.1M | ||
| Q4 24 | $73.0M | $-242.0K | ||
| Q3 24 | $88.0M | $35.9M | ||
| Q2 24 | $96.0M | $2.8M | ||
| Q1 24 | $97.0M | $4.4M |
毛利率DTMFSTR
| Q4 25 | — | 19.7% | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 21.5% | ||
| Q1 25 | — | 20.6% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 23.8% | ||
| Q2 24 | — | 21.7% | ||
| Q1 24 | — | 21.1% |
营业利润率DTMFSTR
| Q4 25 | 49.2% | 4.9% | ||
| Q3 25 | 49.4% | 6.0% | ||
| Q2 25 | 50.2% | 5.3% | ||
| Q1 25 | 48.8% | -2.0% | ||
| Q4 24 | 45.4% | 2.4% | ||
| Q3 24 | 49.2% | 5.3% | ||
| Q2 24 | 53.3% | 3.2% | ||
| Q1 24 | 51.7% | 4.5% |
净利率DTMFSTR
| Q4 25 | 35.0% | 1.5% | ||
| Q3 25 | 36.6% | 3.1% | ||
| Q2 25 | 34.6% | 2.0% | ||
| Q1 25 | 35.6% | -2.2% | ||
| Q4 24 | 29.3% | -0.2% | ||
| Q3 24 | 35.5% | 26.1% | ||
| Q2 24 | 39.3% | 2.0% | ||
| Q1 24 | 40.4% | 3.6% |
每股收益（稀释后）DTMFSTR
| Q4 25 | $1.07 | $0.22 | ||
| Q3 25 | $1.13 | $0.40 | ||
| Q2 25 | $1.04 | $0.27 | ||
| Q1 25 | $1.06 | $-0.20 | ||
| Q4 24 | $0.73 | $-0.04 | ||
| Q3 24 | $0.90 | $3.27 | ||
| Q2 24 | $0.98 | $0.26 | ||
| Q1 24 | $0.99 | $0.40 |
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 | $54.0M | $4.3M |
| 总债务越低越好 | — | $42.6M |
| 股东权益账面价值 | $4.7B | $175.3M |
| 总资产 | $10.1B | $330.4M |
| 负债/权益比越低杠杆越低 | — | 0.24× |
8季度趋势，按日历期对齐
现金及短期投资DTMFSTR
| Q4 25 | $54.0M | $4.3M | ||
| Q3 25 | $98.0M | $3.4M | ||
| Q2 25 | $74.0M | $4.2M | ||
| Q1 25 | $83.0M | $2.6M | ||
| Q4 24 | $68.0M | $2.5M | ||
| Q3 24 | $77.0M | $3.1M | ||
| Q2 24 | $73.0M | $4.0M | ||
| Q1 24 | $41.0M | $3.1M |
总债务DTMFSTR
| Q4 25 | — | $42.6M | ||
| Q3 25 | — | $58.6M | ||
| Q2 25 | — | $81.4M | ||
| Q1 25 | — | $82.3M | ||
| Q4 24 | $3.4B | $46.8M | ||
| Q3 24 | — | $68.4M | ||
| Q2 24 | — | $87.0M | ||
| Q1 24 | — | $77.9M |
股东权益DTMFSTR
| Q4 25 | $4.7B | $175.3M | ||
| Q3 25 | $4.7B | $174.8M | ||
| Q2 25 | $4.7B | $174.4M | ||
| Q1 25 | $4.6B | $170.8M | ||
| Q4 24 | $4.6B | $178.3M | ||
| Q3 24 | $4.2B | $181.9M | ||
| Q2 24 | $4.2B | $147.1M | ||
| Q1 24 | $4.2B | $144.6M |
总资产DTMFSTR
| Q4 25 | $10.1B | $330.4M | ||
| Q3 25 | $10.1B | $333.9M | ||
| Q2 25 | $10.0B | $349.9M | ||
| Q1 25 | $9.9B | $342.8M | ||
| Q4 24 | $9.9B | $334.6M | ||
| Q3 24 | $8.6B | $344.5M | ||
| Q2 24 | $9.0B | $333.3M | ||
| Q1 24 | $9.0B | $326.4M |
负债/权益比DTMFSTR
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.33× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | 0.72× | 0.26× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.59× | ||
| Q1 24 | — | 0.54× |
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 | $161.0M | $22.2M |
| 自由现金流经营现金流 - 资本支出 | $30.0M | $19.8M |
| 自由现金流率自由现金流/营收 | 9.5% | 12.3% |
| 资本支出强度资本支出/营收 | 41.3% | 1.5% |
| 现金转化率经营现金流/净利润 | 1.45× | 9.18× |
| 过去12个月自由现金流最近4个季度 | $441.0M | $25.2M |
8季度趋势，按日历期对齐
经营现金流DTMFSTR
| Q4 25 | $161.0M | $22.2M | ||
| Q3 25 | $274.0M | $29.2M | ||
| Q2 25 | $185.0M | $10.4M | ||
| Q1 25 | $247.0M | $-26.1M | ||
| Q4 24 | $152.0M | $24.3M | ||
| Q3 24 | $205.0M | $24.7M | ||
| Q2 24 | $165.0M | $-5.0M | ||
| Q1 24 | $241.0M | $-21.4M |
自由现金流DTMFSTR
| Q4 25 | $30.0M | $19.8M | ||
| Q3 25 | $131.0M | $26.4M | ||
| Q2 25 | $104.0M | $7.7M | ||
| Q1 25 | $176.0M | $-28.7M | ||
| Q4 24 | $62.0M | $22.3M | ||
| Q3 24 | $124.0M | $21.7M | ||
| Q2 24 | $84.0M | $-7.0M | ||
| Q1 24 | $143.0M | $-24.2M |
自由现金流率DTMFSTR
| Q4 25 | 9.5% | 12.3% | ||
| Q3 25 | 41.7% | 19.1% | ||
| Q2 25 | 33.7% | 5.4% | ||
| Q1 25 | 58.1% | -29.4% | ||
| Q4 24 | 24.9% | 17.4% | ||
| Q3 24 | 50.0% | 15.8% | ||
| Q2 24 | 34.4% | -5.0% | ||
| Q1 24 | 59.6% | -19.4% |
资本支出强度DTMFSTR
| Q4 25 | 41.3% | 1.5% | ||
| Q3 25 | 45.5% | 2.0% | ||
| Q2 25 | 26.2% | 1.9% | ||
| Q1 25 | 23.4% | 2.6% | ||
| Q4 24 | 36.1% | 1.5% | ||
| Q3 24 | 32.7% | 2.2% | ||
| Q2 24 | 33.2% | 1.5% | ||
| Q1 24 | 40.8% | 2.2% |
现金转化率DTMFSTR
| Q4 25 | 1.45× | 9.18× | ||
| Q3 25 | 2.38× | 6.70× | ||
| Q2 25 | 1.73× | 3.61× | ||
| Q1 25 | 2.29× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.33× | 0.69× | ||
| Q2 24 | 1.72× | -1.74× | ||
| Q1 24 | 2.48× | -4.83× |
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
DTM
| Pipeline Segment | $173.0M | 55% |
| Gathering Segment | $144.0M | 45% |
FSTR
| Rail Technologies And Services Segment | $98.0M | 61% |
| Over Time Output Method | $26.3M | 16% |
| Services | $19.4M | 12% |
| Rail Technologies Products | $10.0M | 6% |
| Over Time Input Method | $8.3M | 5% |
