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DT Midstream, Inc.（DTM）与Kosmos Energy Ltd.（KOS）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Kosmos Energy Ltd.的1.1倍（$317.0M vs $294.6M），DT Midstream, Inc.同比增速更快（27.3% vs -25.9%），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs -16.5%）
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。
科斯莫斯能源是一家美国上游石油企业，总部位于得克萨斯州达拉斯。公司目前在加纳、赤道几内亚近海以及墨西哥湾开展油气生产与开发业务，在毛里塔尼亚、塞内加尔近海拥有开发项目，还在纳米比亚、圣多美和普林西比、苏里南近海持有勘探许可。
DTM vs KOS — 直观对比
营收规模更大
DTM
是对方的1.1倍
$294.6M
营收增速更快
DTM
高出53.2%
-25.9%
两年增速更快
DTM
近两年复合增速
-16.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $294.6M |
| 净利润 | $111.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 49.2% | -125.7% |
| 净利率 | 35.0% | — |
| 营收同比 | 27.3% | -25.9% |
| 净利润同比 | 52.1% | — |
| 每股收益（稀释后） | $1.07 | $-0.80 |
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DTMKOS
| Q4 25 | $317.0M | $294.6M | ||
| Q3 25 | $314.0M | $311.0M | ||
| Q2 25 | $309.0M | $392.6M | ||
| Q1 25 | $303.0M | $290.1M | ||
| Q4 24 | $249.0M | $397.6M | ||
| Q3 24 | $248.0M | $407.8M | ||
| Q2 24 | $244.0M | $447.8M | ||
| Q1 24 | $240.0M | $422.3M |
净利润DTMKOS
| Q4 25 | $111.0M | — | ||
| Q3 25 | $115.0M | $-124.3M | ||
| Q2 25 | $107.0M | $-87.7M | ||
| Q1 25 | $108.0M | $-110.6M | ||
| Q4 24 | $73.0M | — | ||
| Q3 24 | $88.0M | $45.0M | ||
| Q2 24 | $96.0M | $59.8M | ||
| Q1 24 | $97.0M | $91.7M |
营业利润率DTMKOS
| Q4 25 | 49.2% | -125.7% | ||
| Q3 25 | 49.4% | -34.2% | ||
| Q2 25 | 50.2% | -16.2% | ||
| Q1 25 | 48.8% | -32.4% | ||
| Q4 24 | 45.4% | -8.5% | ||
| Q3 24 | 49.2% | 26.1% | ||
| Q2 24 | 53.3% | 30.2% | ||
| Q1 24 | 51.7% | 33.6% |
净利率DTMKOS
| Q4 25 | 35.0% | — | ||
| Q3 25 | 36.6% | -40.0% | ||
| Q2 25 | 34.6% | -22.3% | ||
| Q1 25 | 35.6% | -38.1% | ||
| Q4 24 | 29.3% | — | ||
| Q3 24 | 35.5% | 11.0% | ||
| Q2 24 | 39.3% | 13.3% | ||
| Q1 24 | 40.4% | 21.7% |
每股收益（稀释后）DTMKOS
| Q4 25 | $1.07 | $-0.80 | ||
| Q3 25 | $1.13 | $-0.26 | ||
| Q2 25 | $1.04 | $-0.18 | ||
| Q1 25 | $1.06 | $-0.23 | ||
| Q4 24 | $0.73 | $0.00 | ||
| Q3 24 | $0.90 | $0.09 | ||
| Q2 24 | $0.98 | $0.12 | ||
| Q1 24 | $0.99 | $0.19 |
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 | $91.5M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $4.7B | $528.6M |
| 总资产 | $10.1B | $4.7B |
| 负债/权益比越低杠杆越低 | — | 5.78× |
8季度趋势，按日历期对齐
现金及短期投资DTMKOS
| Q4 25 | $54.0M | $91.5M | ||
| Q3 25 | $98.0M | $64.0M | ||
| Q2 25 | $74.0M | $51.7M | ||
| Q1 25 | $83.0M | $49.8M | ||
| Q4 24 | $68.0M | $85.0M | ||
| Q3 24 | $77.0M | $51.6M | ||
| Q2 24 | $73.0M | $173.8M | ||
| Q1 24 | $41.0M | $254.3M |
总债务DTMKOS
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.4B | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益DTMKOS
| Q4 25 | $4.7B | $528.6M | ||
| Q3 25 | $4.7B | $898.8M | ||
| Q2 25 | $4.7B | $1.0B | ||
| Q1 25 | $4.6B | $1.1B | ||
| Q4 24 | $4.6B | $1.2B | ||
| Q3 24 | $4.2B | $1.2B | ||
| Q2 24 | $4.2B | $1.1B | ||
| Q1 24 | $4.2B | $1.1B |
总资产DTMKOS
| Q4 25 | $10.1B | $4.7B | ||
| Q3 25 | $10.1B | $5.1B | ||
| Q2 25 | $10.0B | $5.2B | ||
| Q1 25 | $9.9B | $5.3B | ||
| Q4 24 | $9.9B | $5.3B | ||
| Q3 24 | $8.6B | $5.5B | ||
| Q2 24 | $9.0B | $5.4B | ||
| Q1 24 | $9.0B | $5.4B |
负债/权益比DTMKOS
| Q4 25 | — | 5.78× | ||
| Q3 25 | — | 3.31× | ||
| Q2 25 | — | 2.80× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.72× | 2.29× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $161.0M | $35.3M |
| 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DTMKOS
| Q4 25 | $161.0M | $35.3M | ||
| Q3 25 | $274.0M | $-27.6M | ||
| Q2 25 | $185.0M | $127.2M | ||
| Q1 25 | $247.0M | $-888.0K | ||
| Q4 24 | $152.0M | $175.7M | ||
| Q3 24 | $205.0M | $6.3M | ||
| Q2 24 | $165.0M | $223.7M | ||
| Q1 24 | $241.0M | $272.6M |
自由现金流DTMKOS
| Q4 25 | $30.0M | — | ||
| Q3 25 | $131.0M | — | ||
| Q2 25 | $104.0M | — | ||
| Q1 25 | $176.0M | — | ||
| Q4 24 | $62.0M | — | ||
| Q3 24 | $124.0M | — | ||
| Q2 24 | $84.0M | — | ||
| Q1 24 | $143.0M | — |
自由现金流率DTMKOS
| Q4 25 | 9.5% | — | ||
| Q3 25 | 41.7% | — | ||
| Q2 25 | 33.7% | — | ||
| Q1 25 | 58.1% | — | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 50.0% | — | ||
| Q2 24 | 34.4% | — | ||
| Q1 24 | 59.6% | — |
资本支出强度DTMKOS
| Q4 25 | 41.3% | — | ||
| Q3 25 | 45.5% | — | ||
| Q2 25 | 26.2% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 36.1% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 33.2% | — | ||
| Q1 24 | 40.8% | — |
现金转化率DTMKOS
| Q4 25 | 1.45× | — | ||
| Q3 25 | 2.38× | — | ||
| Q2 25 | 1.73× | — | ||
| Q1 25 | 2.29× | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 2.33× | 0.14× | ||
| Q2 24 | 1.72× | 3.74× | ||
| Q1 24 | 2.48× | 2.97× |
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% |
KOS
| Ghana Segment | $134.6M | 46% |
| Gulf Of America | $80.7M | 27% |
| Mauritania And Senegal | $54.9M | 19% |
| Equatorial Guinea Segment | $24.3M | 8% |
