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DT Midstream, Inc.（DTM）与Gaming & Leisure Properties, Inc.（GLPI）财务数据对比。点击上方公司名可切换其他公司
Gaming & Leisure Properties, Inc.的季度营收约是DT Midstream, Inc.的1.3倍（$420.0M vs $317.0M），Gaming & Leisure Properties, Inc.净利率更高（57.0% vs 35.0%，领先22.0%），DT Midstream, Inc.同比增速更快（27.3% vs 6.3%），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs 5.0%）
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。
博彩与休闲地产公司（GLPI）是一家专注于赌场物业的房地产投资信托（REIT），总部位于宾夕法尼亚州怀奥米辛。公司于2013年11月从宾州国民娱乐分拆成立，目前持有62处赌场物业，全部对外出租给其他企业运营。
DTM vs GLPI — 直观对比
营收规模更大
GLPI
是对方的1.3倍
$317.0M
营收增速更快
DTM
高出21.0%
6.3%
净利率更高
GLPI
高出22.0%
35.0%
两年增速更快
DTM
近两年复合增速
5.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $420.0M |
| 净利润 | $111.0M | $239.4M |
| 毛利率 | — | — |
| 营业利润率 | 49.2% | 79.4% |
| 净利率 | 35.0% | 57.0% |
| 营收同比 | 27.3% | 6.3% |
| 净利润同比 | 52.1% | 40.5% |
| 每股收益（稀释后） | $1.07 | — |
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DTMGLPI
| Q1 26 | — | $420.0M | ||
| Q4 25 | $317.0M | $407.0M | ||
| Q3 25 | $314.0M | $397.6M | ||
| Q2 25 | $309.0M | $394.9M | ||
| Q1 25 | $303.0M | $395.2M | ||
| Q4 24 | $249.0M | $389.6M | ||
| Q3 24 | $248.0M | $385.3M | ||
| Q2 24 | $244.0M | $380.6M |
净利润DTMGLPI
| Q1 26 | — | $239.4M | ||
| Q4 25 | $111.0M | $275.4M | ||
| Q3 25 | $115.0M | $241.2M | ||
| Q2 25 | $107.0M | $151.4M | ||
| Q1 25 | $108.0M | $165.2M | ||
| Q4 24 | $73.0M | $223.6M | ||
| Q3 24 | $88.0M | $184.7M | ||
| Q2 24 | $96.0M | $208.3M |
营业利润率DTMGLPI
| Q1 26 | — | 79.4% | ||
| Q4 25 | 49.2% | 89.3% | ||
| Q3 25 | 49.4% | 84.8% | ||
| Q2 25 | 50.2% | 61.3% | ||
| Q1 25 | 48.8% | 65.5% | ||
| Q4 24 | 45.4% | 79.1% | ||
| Q3 24 | 49.2% | 70.4% | ||
| Q2 24 | 53.3% | 77.1% |
净利率DTMGLPI
| Q1 26 | — | 57.0% | ||
| Q4 25 | 35.0% | 67.6% | ||
| Q3 25 | 36.6% | 60.7% | ||
| Q2 25 | 34.6% | 38.4% | ||
| Q1 25 | 35.6% | 41.8% | ||
| Q4 24 | 29.3% | 57.4% | ||
| Q3 24 | 35.5% | 47.9% | ||
| Q2 24 | 39.3% | 54.7% |
每股收益（稀释后）DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $1.07 | $0.96 | ||
| Q3 25 | $1.13 | $0.85 | ||
| Q2 25 | $1.04 | $0.54 | ||
| Q1 25 | $1.06 | $0.60 | ||
| Q4 24 | $0.73 | $0.79 | ||
| Q3 24 | $0.90 | $0.67 | ||
| Q2 24 | $0.98 | $0.77 |
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 | $274.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $4.7B | $5.0B |
| 总资产 | $10.1B | $13.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资DTMGLPI
| Q1 26 | — | $274.5M | ||
| Q4 25 | $54.0M | — | ||
| Q3 25 | $98.0M | — | ||
| Q2 25 | $74.0M | — | ||
| Q1 25 | $83.0M | — | ||
| Q4 24 | $68.0M | $560.8M | ||
| Q3 24 | $77.0M | $560.8M | ||
| Q2 24 | $73.0M | $560.8M |
总债务DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $7.2B | ||
| Q2 25 | — | $6.9B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | $3.4B | $7.7B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | — | $6.6B |
股东权益DTMGLPI
| Q1 26 | — | $5.0B | ||
| Q4 25 | $4.7B | $4.6B | ||
| Q3 25 | $4.7B | $4.6B | ||
| Q2 25 | $4.7B | $4.6B | ||
| Q1 25 | $4.6B | $4.2B | ||
| Q4 24 | $4.6B | $4.3B | ||
| Q3 24 | $4.2B | $4.3B | ||
| Q2 24 | $4.2B | $4.1B |
总资产DTMGLPI
| Q1 26 | — | $13.8B | ||
| Q4 25 | $10.1B | $12.9B | ||
| Q3 25 | $10.1B | $12.8B | ||
| Q2 25 | $10.0B | $12.5B | ||
| Q1 25 | $9.9B | $12.1B | ||
| Q4 24 | $9.9B | $13.1B | ||
| Q3 24 | $8.6B | $12.7B | ||
| Q2 24 | $9.0B | $11.8B |
负债/权益比DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | — | 1.56× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | 0.72× | 1.81× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.60× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $30.0M | — |
| 自由现金流率自由现金流/营收 | 9.5% | — |
| 资本支出强度资本支出/营收 | 41.3% | — |
| 现金转化率经营现金流/净利润 | 1.45× | — |
| 过去12个月自由现金流最近4个季度 | $441.0M | — |
8季度趋势，按日历期对齐
经营现金流DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $161.0M | $1.1B | ||
| Q3 25 | $274.0M | $240.3M | ||
| Q2 25 | $185.0M | $293.4M | ||
| Q1 25 | $247.0M | $252.5M | ||
| Q4 24 | $152.0M | $1.1B | ||
| Q3 24 | $205.0M | $270.4M | ||
| Q2 24 | $165.0M | $252.1M |
自由现金流DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | $30.0M | — | ||
| Q3 25 | $131.0M | $183.0M | ||
| Q2 25 | $104.0M | $272.3M | ||
| Q1 25 | $176.0M | $239.6M | ||
| Q4 24 | $62.0M | $1.1B | ||
| Q3 24 | $124.0M | $261.5M | ||
| Q2 24 | $84.0M | $245.0M |
自由现金流率DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 9.5% | — | ||
| Q3 25 | 41.7% | 46.0% | ||
| Q2 25 | 33.7% | 69.0% | ||
| Q1 25 | 58.1% | 60.6% | ||
| Q4 24 | 24.9% | 275.3% | ||
| Q3 24 | 50.0% | 67.9% | ||
| Q2 24 | 34.4% | 64.4% |
资本支出强度DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 41.3% | — | ||
| Q3 25 | 45.5% | 14.4% | ||
| Q2 25 | 26.2% | 5.3% | ||
| Q1 25 | 23.4% | 3.3% | ||
| Q4 24 | 36.1% | 0.0% | ||
| Q3 24 | 32.7% | 2.3% | ||
| Q2 24 | 33.2% | 1.9% |
现金转化率DTMGLPI
| Q1 26 | — | — | ||
| Q4 25 | 1.45× | 4.10× | ||
| Q3 25 | 2.38× | 1.00× | ||
| Q2 25 | 1.73× | 1.94× | ||
| Q1 25 | 2.29× | 1.53× | ||
| Q4 24 | 2.08× | 4.80× | ||
| Q3 24 | 2.33× | 1.46× | ||
| Q2 24 | 1.72× | 1.21× |
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% |
GLPI
暂无分部数据
