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DT Midstream, Inc.（DTM）与Liberty Broadband Corp（LBRDA）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Liberty Broadband Corp的1.2倍（$317.0M vs $261.0M），Liberty Broadband Corp净利率更高（146.7% vs 35.0%，领先111.7%），DT Midstream, Inc.同比增速更快（27.3% vs 6.1%），Liberty Broadband Corp自由现金流更多（$37.0M vs $30.0M），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs 4.3%）
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。
本公司是一家覆盖英、荷、美三地的跨国电信企业，注册地为百慕大，在伦敦、阿姆斯特丹、丹佛设有总部，旗下拥有多家对应司法辖区的运营主体，其中英国主体为公开上市实体，2005年由自由媒体国际业务板块与UnitedGlobalCom合并成立。
DTM vs LBRDA — 直观对比
营收规模更大
DTM
是对方的1.2倍
$261.0M
营收增速更快
DTM
高出21.2%
6.1%
净利率更高
LBRDA
高出111.7%
35.0%
自由现金流更多
LBRDA
多$7.0M
$30.0M
两年增速更快
DTM
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q2 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $261.0M |
| 净利润 | $111.0M | $383.0M |
| 毛利率 | — | — |
| 营业利润率 | 49.2% | 15.7% |
| 净利率 | 35.0% | 146.7% |
| 营收同比 | 27.3% | 6.1% |
| 净利润同比 | 52.1% | 96.4% |
| 每股收益（稀释后） | $1.07 | $2.68 |
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DTMLBRDA
| Q4 25 | $317.0M | — | ||
| Q3 25 | $314.0M | — | ||
| Q2 25 | $309.0M | $261.0M | ||
| Q1 25 | $303.0M | $266.0M | ||
| Q4 24 | $249.0M | $263.0M | ||
| Q3 24 | $248.0M | $262.0M | ||
| Q2 24 | $244.0M | $246.0M | ||
| Q1 24 | $240.0M | $245.0M |
净利润DTMLBRDA
| Q4 25 | $111.0M | — | ||
| Q3 25 | $115.0M | — | ||
| Q2 25 | $107.0M | $383.0M | ||
| Q1 25 | $108.0M | $268.0M | ||
| Q4 24 | $73.0M | $291.0M | ||
| Q3 24 | $88.0M | $142.0M | ||
| Q2 24 | $96.0M | $195.0M | ||
| Q1 24 | $97.0M | $241.0M |
营业利润率DTMLBRDA
| Q4 25 | 49.2% | — | ||
| Q3 25 | 49.4% | — | ||
| Q2 25 | 50.2% | 15.7% | ||
| Q1 25 | 48.8% | 16.2% | ||
| Q4 24 | 45.4% | 4.9% | ||
| Q3 24 | 49.2% | 11.5% | ||
| Q2 24 | 53.3% | 8.5% | ||
| Q1 24 | 51.7% | 11.4% |
净利率DTMLBRDA
| Q4 25 | 35.0% | — | ||
| Q3 25 | 36.6% | — | ||
| Q2 25 | 34.6% | 146.7% | ||
| Q1 25 | 35.6% | 100.8% | ||
| Q4 24 | 29.3% | 110.6% | ||
| Q3 24 | 35.5% | 54.2% | ||
| Q2 24 | 39.3% | 79.3% | ||
| Q1 24 | 40.4% | 98.4% |
每股收益（稀释后）DTMLBRDA
| Q4 25 | $1.07 | — | ||
| Q3 25 | $1.13 | — | ||
| Q2 25 | $1.04 | $2.68 | ||
| Q1 25 | $1.06 | $1.87 | ||
| Q4 24 | $0.73 | $2.04 | ||
| Q3 24 | $0.90 | $0.99 | ||
| Q2 24 | $0.98 | $1.36 | ||
| Q1 24 | $0.99 | $1.69 |
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 | $180.0M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $4.7B | $10.4B |
| 总资产 | $10.1B | $16.6B |
| 负债/权益比越低杠杆越低 | — | 0.30× |
8季度趋势，按日历期对齐
现金及短期投资DTMLBRDA
| Q4 25 | $54.0M | — | ||
| Q3 25 | $98.0M | — | ||
| Q2 25 | $74.0M | $180.0M | ||
| Q1 25 | $83.0M | $226.0M | ||
| Q4 24 | $68.0M | $163.0M | ||
| Q3 24 | $77.0M | $168.0M | ||
| Q2 24 | $73.0M | $73.0M | ||
| Q1 24 | $41.0M | $108.0M |
总债务DTMLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | $3.4B | $3.8B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | — | $3.6B | ||
| Q1 24 | — | $3.6B |
股东权益DTMLBRDA
| Q4 25 | $4.7B | — | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $4.7B | $10.4B | ||
| Q1 25 | $4.6B | $10.1B | ||
| Q4 24 | $4.6B | $9.8B | ||
| Q3 24 | $4.2B | $9.5B | ||
| Q2 24 | $4.2B | $9.3B | ||
| Q1 24 | $4.2B | $9.1B |
总资产DTMLBRDA
| Q4 25 | $10.1B | — | ||
| Q3 25 | $10.1B | — | ||
| Q2 25 | $10.0B | $16.6B | ||
| Q1 25 | $9.9B | $17.0B | ||
| Q4 24 | $9.9B | $16.7B | ||
| Q3 24 | $8.6B | $16.3B | ||
| Q2 24 | $9.0B | $16.0B | ||
| Q1 24 | $9.0B | $15.7B |
负债/权益比DTMLBRDA
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.30× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | 0.72× | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.39× | ||
| Q1 24 | — | 0.40× |
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 | $91.0M |
| 自由现金流经营现金流 - 资本支出 | $30.0M | $37.0M |
| 自由现金流率自由现金流/营收 | 9.5% | 14.2% |
| 资本支出强度资本支出/营收 | 41.3% | 20.7% |
| 现金转化率经营现金流/净利润 | 1.45× | 0.24× |
| 过去12个月自由现金流最近4个季度 | $441.0M | $-49.0M |
8季度趋势，按日历期对齐
经营现金流DTMLBRDA
| Q4 25 | $161.0M | — | ||
| Q3 25 | $274.0M | — | ||
| Q2 25 | $185.0M | $91.0M | ||
| Q1 25 | $247.0M | $78.0M | ||
| Q4 24 | $152.0M | $1.0M | ||
| Q3 24 | $205.0M | $24.0M | ||
| Q2 24 | $165.0M | $27.0M | ||
| Q1 24 | $241.0M | $52.0M |
自由现金流DTMLBRDA
| Q4 25 | $30.0M | — | ||
| Q3 25 | $131.0M | — | ||
| Q2 25 | $104.0M | $37.0M | ||
| Q1 25 | $176.0M | $13.0M | ||
| Q4 24 | $62.0M | $-63.0M | ||
| Q3 24 | $124.0M | $-36.0M | ||
| Q2 24 | $84.0M | $-35.0M | ||
| Q1 24 | $143.0M | $-9.0M |
自由现金流率DTMLBRDA
| Q4 25 | 9.5% | — | ||
| Q3 25 | 41.7% | — | ||
| Q2 25 | 33.7% | 14.2% | ||
| Q1 25 | 58.1% | 4.9% | ||
| Q4 24 | 24.9% | -24.0% | ||
| Q3 24 | 50.0% | -13.7% | ||
| Q2 24 | 34.4% | -14.2% | ||
| Q1 24 | 59.6% | -3.7% |
资本支出强度DTMLBRDA
| Q4 25 | 41.3% | — | ||
| Q3 25 | 45.5% | — | ||
| Q2 25 | 26.2% | 20.7% | ||
| Q1 25 | 23.4% | 24.4% | ||
| Q4 24 | 36.1% | 24.3% | ||
| Q3 24 | 32.7% | 22.9% | ||
| Q2 24 | 33.2% | 25.2% | ||
| Q1 24 | 40.8% | 24.9% |
现金转化率DTMLBRDA
| Q4 25 | 1.45× | — | ||
| Q3 25 | 2.38× | — | ||
| Q2 25 | 1.73× | 0.24× | ||
| Q1 25 | 2.29× | 0.29× | ||
| Q4 24 | 2.08× | 0.00× | ||
| Q3 24 | 2.33× | 0.17× | ||
| Q2 24 | 1.72× | 0.14× | ||
| Q1 24 | 2.48× | 0.22× |
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% |
LBRDA
暂无分部数据
