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DT Midstream, Inc.（DTM）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是DT Midstream, Inc.的2.0倍（$622.0M vs $317.0M），DT Midstream, Inc.净利率更高（35.0% vs 34.4%，领先0.6%），DT Midstream, Inc.同比增速更快（27.3% vs 4.8%），过去两年DT Midstream, Inc.的营收复合增速更高（14.9% vs 4.6%）
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。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
DTM vs RPRX — 直观对比
营收规模更大
RPRX
是对方的2.0倍
$317.0M
营收增速更快
DTM
高出22.5%
4.8%
净利率更高
DTM
高出0.6%
34.4%
两年增速更快
DTM
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.0M | $622.0M |
| 净利润 | $111.0M | $214.2M |
| 毛利率 | — | — |
| 营业利润率 | 49.2% | 62.4% |
| 净利率 | 35.0% | 34.4% |
| 营收同比 | 27.3% | 4.8% |
| 净利润同比 | 52.1% | 2.9% |
| 每股收益（稀释后） | $1.07 | $0.49 |
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DTMRPRX
| Q4 25 | $317.0M | $622.0M | ||
| Q3 25 | $314.0M | $609.3M | ||
| Q2 25 | $309.0M | $578.7M | ||
| Q1 25 | $303.0M | $568.2M | ||
| Q4 24 | $249.0M | $593.6M | ||
| Q3 24 | $248.0M | $564.7M | ||
| Q2 24 | $244.0M | $537.3M | ||
| Q1 24 | $240.0M | $568.0M |
净利润DTMRPRX
| Q4 25 | $111.0M | $214.2M | ||
| Q3 25 | $115.0M | $288.2M | ||
| Q2 25 | $107.0M | $30.2M | ||
| Q1 25 | $108.0M | $238.3M | ||
| Q4 24 | $73.0M | $208.2M | ||
| Q3 24 | $88.0M | $544.0M | ||
| Q2 24 | $96.0M | $102.0M | ||
| Q1 24 | $97.0M | $4.8M |
营业利润率DTMRPRX
| Q4 25 | 49.2% | 62.4% | ||
| Q3 25 | 49.4% | 70.1% | ||
| Q2 25 | 50.2% | 36.3% | ||
| Q1 25 | 48.8% | 94.0% | ||
| Q4 24 | 45.4% | 60.9% | ||
| Q3 24 | 49.2% | — | ||
| Q2 24 | 53.3% | 50.2% | ||
| Q1 24 | 51.7% | -13.0% |
净利率DTMRPRX
| Q4 25 | 35.0% | 34.4% | ||
| Q3 25 | 36.6% | 47.3% | ||
| Q2 25 | 34.6% | 5.2% | ||
| Q1 25 | 35.6% | 41.9% | ||
| Q4 24 | 29.3% | 35.1% | ||
| Q3 24 | 35.5% | 96.3% | ||
| Q2 24 | 39.3% | 19.0% | ||
| Q1 24 | 40.4% | 0.8% |
每股收益（稀释后）DTMRPRX
| Q4 25 | $1.07 | $0.49 | ||
| Q3 25 | $1.13 | $0.67 | ||
| Q2 25 | $1.04 | $0.07 | ||
| Q1 25 | $1.06 | $0.55 | ||
| Q4 24 | $0.73 | $0.46 | ||
| Q3 24 | $0.90 | $1.21 | ||
| Q2 24 | $0.98 | $0.23 | ||
| Q1 24 | $0.99 | $0.01 |
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 | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $4.7B | $9.7B |
| 总资产 | $10.1B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资DTMRPRX
| Q4 25 | $54.0M | $618.7M | ||
| Q3 25 | $98.0M | $938.9M | ||
| Q2 25 | $74.0M | $631.9M | ||
| Q1 25 | $83.0M | $1.1B | ||
| Q4 24 | $68.0M | $929.0M | ||
| Q3 24 | $77.0M | $950.1M | ||
| Q2 24 | $73.0M | $1.8B | ||
| Q1 24 | $41.0M | $843.0M |
总债务DTMRPRX
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | $3.4B | $7.6B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $6.1B |
股东权益DTMRPRX
| Q4 25 | $4.7B | $9.7B | ||
| Q3 25 | $4.7B | $9.6B | ||
| Q2 25 | $4.7B | $9.5B | ||
| Q1 25 | $4.6B | $9.8B | ||
| Q4 24 | $4.6B | $10.3B | ||
| Q3 24 | $4.2B | $10.3B | ||
| Q2 24 | $4.2B | $9.8B | ||
| Q1 24 | $4.2B | $9.9B |
总资产DTMRPRX
| Q4 25 | $10.1B | $19.6B | ||
| Q3 25 | $10.1B | $19.3B | ||
| Q2 25 | $10.0B | $18.3B | ||
| Q1 25 | $9.9B | $17.6B | ||
| Q4 24 | $9.9B | $18.2B | ||
| Q3 24 | $8.6B | $18.0B | ||
| Q2 24 | $9.0B | $17.7B | ||
| Q1 24 | $9.0B | $16.1B |
负债/权益比DTMRPRX
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | 0.72× | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.62× |
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 | $827.1M |
| 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× | 3.86× |
| 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DTMRPRX
| Q4 25 | $161.0M | $827.1M | ||
| Q3 25 | $274.0M | $702.6M | ||
| Q2 25 | $185.0M | $364.0M | ||
| Q1 25 | $247.0M | $596.1M | ||
| Q4 24 | $152.0M | $742.5M | ||
| Q3 24 | $205.0M | $703.6M | ||
| Q2 24 | $165.0M | $658.2M | ||
| Q1 24 | $241.0M | $664.6M |
自由现金流DTMRPRX
| 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DTMRPRX
| 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DTMRPRX
| 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DTMRPRX
| Q4 25 | 1.45× | 3.86× | ||
| Q3 25 | 2.38× | 2.44× | ||
| Q2 25 | 1.73× | 12.06× | ||
| Q1 25 | 2.29× | 2.50× | ||
| Q4 24 | 2.08× | 3.57× | ||
| Q3 24 | 2.33× | 1.29× | ||
| Q2 24 | 1.72× | 6.45× | ||
| Q1 24 | 2.48× | 139.10× |
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% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
