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Flowco Holdings Inc.（FLOC）与Solaris Energy Infrastructure, Inc.（SEI）财务数据对比。点击上方公司名可切换其他公司
Solaris Energy Infrastructure, Inc.的季度营收约是Flowco Holdings Inc.的2.1倍（$179.7M vs $85.6M）。Flowco Holdings Inc.净利率更高（20.1% vs -0.9%，领先21.1%）。Flowco Holdings Inc.自由现金流更多（$63.2M vs $-158.6M）
Flowco Holdings Inc.是一家专业流量控制解决方案供应商，设计、生产及销售工业阀门、驱动系统、定制流量管理组件，核心服务油气开采、工业制造、水处理、公共基建等领域，主要市场覆盖北美及部分欧洲地区。
AGL能源有限公司是澳大利亚上市企业，业务涵盖民用及商用电力、天然气的生产与零售，是国家电力市场三大零售商之一。作为澳大利亚最大的电力生产商，该公司同时也是该国最大的碳排放主体。
FLOC vs SEI — 直观对比
营收规模更大
SEI
是对方的2.1倍
$85.6M
净利率更高
FLOC
高出21.1%
-0.9%
自由现金流更多
FLOC
多$221.7M
$-158.6M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $85.6M | $179.7M |
| 净利润 | $17.2M | $-1.7M |
| 毛利率 | -4.8% | — |
| 营业利润率 | 49.0% | 22.2% |
| 净利率 | 20.1% | -0.9% |
| 营收同比 | — | 86.6% |
| 净利润同比 | — | -126.5% |
| 每股收益（稀释后） | $0.47 | — |
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FLOCSEI
| Q4 25 | $85.6M | $179.7M | ||
| Q3 25 | $70.0M | $166.8M | ||
| Q2 25 | $91.1M | $149.3M | ||
| Q1 25 | $95.1M | $126.3M | ||
| Q4 24 | — | $96.3M | ||
| Q3 24 | — | $75.0M | ||
| Q2 24 | — | $73.9M | ||
| Q1 24 | — | $67.9M |
净利润FLOCSEI
| Q4 25 | $17.2M | $-1.7M | ||
| Q3 25 | $12.5M | $14.6M | ||
| Q2 25 | $5.5M | $12.0M | ||
| Q1 25 | $6.2M | $5.3M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $-968.0K | ||
| Q2 24 | — | $6.2M | ||
| Q1 24 | — | $4.3M |
毛利率FLOCSEI
| Q4 25 | -4.8% | — | ||
| Q3 25 | -6.0% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率FLOCSEI
| Q4 25 | 49.0% | 22.2% | ||
| Q3 25 | 49.4% | 22.7% | ||
| Q2 25 | 40.7% | 23.8% | ||
| Q1 25 | 37.2% | 17.5% | ||
| Q4 24 | — | 26.7% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 16.0% | ||
| Q1 24 | — | 14.7% |
净利率FLOCSEI
| Q4 25 | 20.1% | -0.9% | ||
| Q3 25 | 17.9% | 8.7% | ||
| Q2 25 | 6.0% | 8.0% | ||
| Q1 25 | 6.5% | 4.2% | ||
| Q4 24 | — | 6.5% | ||
| Q3 24 | — | -1.3% | ||
| Q2 24 | — | 8.4% | ||
| Q1 24 | — | 6.4% |
每股收益（稀释后）FLOCSEI
| Q4 25 | $0.47 | — | ||
| Q3 25 | $0.32 | — | ||
| Q2 25 | $0.21 | — | ||
| Q1 25 | $0.24 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $4.5M | $353.3M |
| 总债务越低越好 | $167.8M | $184.0M |
| 股东权益账面价值 | $228.6M | $564.3M |
| 总资产 | $1.6B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资FLOCSEI
| Q4 25 | $4.5M | $353.3M | ||
| Q3 25 | $7.2M | $106.7M | ||
| Q2 25 | $9.3M | $99.6M | ||
| Q1 25 | $687.0K | $16.7M | ||
| Q4 24 | — | $114.3M | ||
| Q3 24 | — | $18.6M | ||
| Q2 24 | — | $5.1M | ||
| Q1 24 | — | $3.4M |
总债务FLOCSEI
| Q4 25 | $167.8M | $184.0M | ||
| Q3 25 | $222.6M | $382.8M | ||
| Q2 25 | $167.1M | $386.2M | ||
| Q1 25 | $181.0M | $316.2M | ||
| Q4 24 | — | $315.7M | ||
| Q3 24 | — | $315.3M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益FLOCSEI
| Q4 25 | $228.6M | $564.3M | ||
| Q3 25 | $371.0M | $546.6M | ||
| Q2 25 | $150.3M | $399.1M | ||
| Q1 25 | $-370.1M | $361.3M | ||
| Q4 24 | — | $355.6M | ||
| Q3 24 | — | $221.7M | ||
| Q2 24 | — | $204.6M | ||
| Q1 24 | — | $200.1M |
总资产FLOCSEI
| Q4 25 | $1.6B | $2.1B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.6B | $1.5B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $939.5M | ||
| Q2 24 | — | $457.8M | ||
| Q1 24 | — | $457.1M |
负债/权益比FLOCSEI
| Q4 25 | 0.73× | 0.33× | ||
| Q3 25 | 0.60× | 0.70× | ||
| Q2 25 | 1.11× | 0.97× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | 0.89× | ||
| Q3 24 | — | 1.42× | ||
| 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 | $87.2M | $95.9M |
| 自由现金流经营现金流 - 资本支出 | $63.2M | $-158.6M |
| 自由现金流率自由现金流/营收 | 73.8% | -88.2% |
| 资本支出强度资本支出/营收 | 28.0% | 141.6% |
| 现金转化率经营现金流/净利润 | 5.06× | — |
| 过去12个月自由现金流最近4个季度 | $167.1M | $-437.7M |
8季度趋势，按日历期对齐
经营现金流FLOCSEI
| Q4 25 | $87.2M | $95.9M | ||
| Q3 25 | $82.5M | $63.3M | ||
| Q2 25 | $82.2M | $24.2M | ||
| Q1 25 | $42.5M | $25.7M | ||
| Q4 24 | — | $13.1M | ||
| Q3 24 | — | $10.5M | ||
| Q2 24 | — | $18.9M | ||
| Q1 24 | — | $16.9M |
自由现金流FLOCSEI
| Q4 25 | $63.2M | $-158.6M | ||
| Q3 25 | $42.8M | $462.0K | ||
| Q2 25 | $46.4M | $-160.9M | ||
| Q1 25 | $14.7M | $-118.6M | ||
| Q4 24 | — | $-113.6M | ||
| Q3 24 | — | $-47.2M | ||
| Q2 24 | — | $18.2M | ||
| Q1 24 | — | $13.5M |
自由现金流率FLOCSEI
| Q4 25 | 73.8% | -88.2% | ||
| Q3 25 | 61.2% | 0.3% | ||
| Q2 25 | 50.9% | -107.8% | ||
| Q1 25 | 15.5% | -93.9% | ||
| Q4 24 | — | -117.9% | ||
| Q3 24 | — | -63.0% | ||
| Q2 24 | — | 24.7% | ||
| Q1 24 | — | 19.9% |
资本支出强度FLOCSEI
| Q4 25 | 28.0% | 141.6% | ||
| Q3 25 | 56.7% | 37.6% | ||
| Q2 25 | 39.3% | 124.0% | ||
| Q1 25 | 29.3% | 114.2% | ||
| Q4 24 | — | 131.5% | ||
| Q3 24 | — | 77.0% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 4.9% |
现金转化率FLOCSEI
| Q4 25 | 5.06× | — | ||
| Q3 25 | 6.59× | 4.35× | ||
| Q2 25 | 15.02× | 2.02× | ||
| Q1 25 | 6.89× | 4.83× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.04× | ||
| Q1 24 | — | 3.91× |
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
FLOC
| Transferred Over Time | $65.1M | 76% |
| Natural Gas Production | $21.0M | 25% |
SEI
| Solaris Power Solutions | $103.7M | 58% |
| Solaris Logistics Solutions | $76.1M | 42% |
