vs
DT Midstream, Inc.（DTM）与OSI SYSTEMS INC（OSIS）财务数据对比。点击上方公司名可切换其他公司
OSI SYSTEMS INC的季度营收约是DT Midstream, Inc.的1.5倍（$464.1M vs $317.0M），DT Midstream, Inc.净利率更高（35.0% vs 8.3%，领先26.7%），DT Midstream, Inc.同比增速更快（27.3% vs 10.5%），OSI SYSTEMS INC自由现金流更多（$55.5M vs $30.0M），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs 7.0%）
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。
OSI系统公司是总部位于美国加利福尼亚州的企业，主营安全检测系统、医疗设备及光电器件三大业务板块，产品涵盖机场安检X光机、金属探测器、医疗监护与麻醉系统等，旗下拥有Spacelabs Healthcare、Rapiscan Systems、OSI Optoelectronics等子公司，全球员工规模约3180人。
DTM vs OSIS — 直观对比
营收规模更大
OSIS
是对方的1.5倍
$317.0M
营收增速更快
DTM
高出16.8%
10.5%
净利率更高
DTM
高出26.7%
8.3%
自由现金流更多
OSIS
多$25.5M
$30.0M
两年增速更快
DTM
近两年复合增速
7.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $464.1M |
| 净利润 | $111.0M | $38.7M |
| 毛利率 | — | 32.7% |
| 营业利润率 | 49.2% | 12.7% |
| 净利率 | 35.0% | 8.3% |
| 营收同比 | 27.3% | 10.5% |
| 净利润同比 | 52.1% | 2.3% |
| 每股收益（稀释后） | $1.07 | $2.22 |
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DTMOSIS
| Q4 25 | $317.0M | $464.1M | ||
| Q3 25 | $314.0M | $384.6M | ||
| Q2 25 | $309.0M | $505.0M | ||
| Q1 25 | $303.0M | $444.4M | ||
| Q4 24 | $249.0M | $419.8M | ||
| Q3 24 | $248.0M | $344.0M | ||
| Q2 24 | $244.0M | $480.9M | ||
| Q1 24 | $240.0M | $405.4M |
净利润DTMOSIS
| Q4 25 | $111.0M | $38.7M | ||
| Q3 25 | $115.0M | $20.6M | ||
| Q2 25 | $107.0M | $52.7M | ||
| Q1 25 | $108.0M | $41.1M | ||
| Q4 24 | $73.0M | $37.8M | ||
| Q3 24 | $88.0M | $17.9M | ||
| Q2 24 | $96.0M | $44.7M | ||
| Q1 24 | $97.0M | $34.0M |
毛利率DTMOSIS
| Q4 25 | — | 32.7% | ||
| Q3 25 | — | 32.0% | ||
| Q2 25 | — | 33.3% | ||
| Q1 25 | — | 33.8% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | — | 35.3% | ||
| Q2 24 | — | 32.1% | ||
| Q1 24 | — | 33.6% |
营业利润率DTMOSIS
| Q4 25 | 49.2% | 12.7% | ||
| Q3 25 | 49.4% | 8.6% | ||
| Q2 25 | 50.2% | 14.5% | ||
| Q1 25 | 48.8% | 12.7% | ||
| Q4 24 | 45.4% | 13.8% | ||
| Q3 24 | 49.2% | 8.8% | ||
| Q2 24 | 53.3% | 13.1% | ||
| Q1 24 | 51.7% | 12.7% |
净利率DTMOSIS
| Q4 25 | 35.0% | 8.3% | ||
| Q3 25 | 36.6% | 5.3% | ||
| Q2 25 | 34.6% | 10.4% | ||
| Q1 25 | 35.6% | 9.3% | ||
| Q4 24 | 29.3% | 9.0% | ||
| Q3 24 | 35.5% | 5.2% | ||
| Q2 24 | 39.3% | 9.3% | ||
| Q1 24 | 40.4% | 8.4% |
每股收益（稀释后）DTMOSIS
| Q4 25 | $1.07 | $2.22 | ||
| Q3 25 | $1.13 | $1.18 | ||
| Q2 25 | $1.04 | $3.04 | ||
| Q1 25 | $1.06 | $2.40 | ||
| Q4 24 | $0.73 | $2.22 | ||
| Q3 24 | $0.90 | $1.05 | ||
| Q2 24 | $0.98 | $2.57 | ||
| Q1 24 | $0.99 | $1.95 |
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 | $336.7M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $4.7B | $845.5M |
| 总资产 | $10.1B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资DTMOSIS
| Q4 25 | $54.0M | $336.7M | ||
| Q3 25 | $98.0M | $124.4M | ||
| Q2 25 | $74.0M | $106.4M | ||
| Q1 25 | $83.0M | $95.8M | ||
| Q4 24 | $68.0M | $101.6M | ||
| Q3 24 | $77.0M | $85.1M | ||
| Q2 24 | $73.0M | $95.4M | ||
| Q1 24 | $41.0M | $101.4M |
总债务DTMOSIS
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $442.2M | ||
| Q2 25 | — | $471.6M | ||
| Q1 25 | — | $473.2M | ||
| Q4 24 | $3.4B | $474.8M | ||
| Q3 24 | — | $476.3M | ||
| Q2 24 | — | $137.6M | ||
| Q1 24 | — | — |
股东权益DTMOSIS
| Q4 25 | $4.7B | $845.5M | ||
| Q3 25 | $4.7B | $946.0M | ||
| Q2 25 | $4.7B | $951.1M | ||
| Q1 25 | $4.6B | $879.3M | ||
| Q4 24 | $4.6B | $825.8M | ||
| Q3 24 | $4.2B | $786.5M | ||
| Q2 24 | $4.2B | $863.5M | ||
| Q1 24 | $4.2B | $813.4M |
总资产DTMOSIS
| Q4 25 | $10.1B | $2.5B | ||
| Q3 25 | $10.1B | $2.3B | ||
| Q2 25 | $10.0B | $2.2B | ||
| Q1 25 | $9.9B | $2.1B | ||
| Q4 24 | $9.9B | $2.1B | ||
| Q3 24 | $8.6B | $2.1B | ||
| Q2 24 | $9.0B | $1.9B | ||
| Q1 24 | $9.0B | $1.8B |
负债/权益比DTMOSIS
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.47× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.54× | ||
| Q4 24 | 0.72× | 0.57× | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.16× | ||
| 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 | $62.2M |
| 自由现金流经营现金流 - 资本支出 | $30.0M | $55.5M |
| 自由现金流率自由现金流/营收 | 9.5% | 12.0% |
| 资本支出强度资本支出/营收 | 41.3% | 1.4% |
| 现金转化率经营现金流/净利润 | 1.45× | 1.61× |
| 过去12个月自由现金流最近4个季度 | $441.0M | $137.2M |
8季度趋势，按日历期对齐
经营现金流DTMOSIS
| Q4 25 | $161.0M | $62.2M | ||
| Q3 25 | $274.0M | $17.1M | ||
| Q2 25 | $185.0M | $562.0K | ||
| Q1 25 | $247.0M | $81.6M | ||
| Q4 24 | $152.0M | $52.5M | ||
| Q3 24 | $205.0M | $-37.2M | ||
| Q2 24 | $165.0M | $-29.0M | ||
| Q1 24 | $241.0M | $-52.1M |
自由现金流DTMOSIS
| Q4 25 | $30.0M | $55.5M | ||
| Q3 25 | $131.0M | $10.1M | ||
| Q2 25 | $104.0M | $-5.6M | ||
| Q1 25 | $176.0M | $77.1M | ||
| Q4 24 | $62.0M | $47.1M | ||
| Q3 24 | $124.0M | $-44.9M | ||
| Q2 24 | $84.0M | $-37.5M | ||
| Q1 24 | $143.0M | $-57.0M |
自由现金流率DTMOSIS
| Q4 25 | 9.5% | 12.0% | ||
| Q3 25 | 41.7% | 2.6% | ||
| Q2 25 | 33.7% | -1.1% | ||
| Q1 25 | 58.1% | 17.4% | ||
| Q4 24 | 24.9% | 11.2% | ||
| Q3 24 | 50.0% | -13.0% | ||
| Q2 24 | 34.4% | -7.8% | ||
| Q1 24 | 59.6% | -14.1% |
资本支出强度DTMOSIS
| Q4 25 | 41.3% | 1.4% | ||
| Q3 25 | 45.5% | 1.8% | ||
| Q2 25 | 26.2% | 1.2% | ||
| Q1 25 | 23.4% | 1.0% | ||
| Q4 24 | 36.1% | 1.3% | ||
| Q3 24 | 32.7% | 2.2% | ||
| Q2 24 | 33.2% | 1.8% | ||
| Q1 24 | 40.8% | 1.2% |
现金转化率DTMOSIS
| Q4 25 | 1.45× | 1.61× | ||
| Q3 25 | 2.38× | 0.83× | ||
| Q2 25 | 1.73× | 0.01× | ||
| Q1 25 | 2.29× | 1.98× | ||
| Q4 24 | 2.08× | 1.39× | ||
| Q3 24 | 2.33× | -2.07× | ||
| Q2 24 | 1.72× | -0.65× | ||
| Q1 24 | 2.48× | -1.53× |
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% |
OSIS
| Security Division | $334.7M | 72% |
| Optoelectronics And Manufacturing Division | $92.8M | 20% |
| Healthcare Division | $36.5M | 8% |
