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FIRST MERCHANTS CORP（FRME）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
Kosmos Energy Ltd.的季度营收约是FIRST MERCHANTS CORP的1.9倍（$294.6M vs $157.1M），过去两年FIRST MERCHANTS CORP的营收复合增速更高（-0.9% vs -16.5%）
第一商人集团是总部位于美国印第安纳州曼西的金融控股公司，业务覆盖印第安纳州中部地区，旗下拥有第一商人银行、第一商人私人财富顾问两大板块，在纳斯达克上市，股票代码为FRME。截至2023年3月，集团总资产达182亿美元，为客户提供商业银行、个人银行及投资顾问服务。
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。
FRME vs KOS — 直观对比
营收规模更大
KOS
是对方的1.9倍
$157.1M
两年增速更快
FRME
近两年复合增速
-16.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $157.1M | $294.6M |
| 净利润 | $28.2M | — |
| 毛利率 | — | — |
| 营业利润率 | — | -125.7% |
| 净利率 | 17.9% | — |
| 营收同比 | — | -25.9% |
| 净利润同比 | -49.1% | — |
| 每股收益（稀释后） | $0.45 | $-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FRMEKOS
| Q1 26 | $157.1M | — | ||
| Q4 25 | $172.2M | $294.6M | ||
| Q3 25 | $166.1M | $311.0M | ||
| Q2 25 | $164.3M | $392.6M | ||
| Q1 25 | $160.3M | $290.1M | ||
| Q4 24 | $177.1M | $397.6M | ||
| Q3 24 | $156.0M | $407.8M | ||
| Q2 24 | $159.9M | $447.8M |
净利润FRMEKOS
| Q1 26 | $28.2M | — | ||
| Q4 25 | $57.1M | — | ||
| Q3 25 | $56.8M | $-124.3M | ||
| Q2 25 | $56.8M | $-87.7M | ||
| Q1 25 | $55.3M | $-110.6M | ||
| Q4 24 | $64.3M | — | ||
| Q3 24 | $49.2M | $45.0M | ||
| Q2 24 | $39.9M | $59.8M |
营业利润率FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | 38.0% | -125.7% | ||
| Q3 25 | 39.3% | -34.2% | ||
| Q2 25 | 39.6% | -16.2% | ||
| Q1 25 | 39.4% | -32.4% | ||
| Q4 24 | 43.3% | -8.5% | ||
| Q3 24 | 36.1% | 26.1% | ||
| Q2 24 | 27.5% | 30.2% |
净利率FRMEKOS
| Q1 26 | 17.9% | — | ||
| Q4 25 | 33.1% | — | ||
| Q3 25 | 34.2% | -40.0% | ||
| Q2 25 | 34.6% | -22.3% | ||
| Q1 25 | 34.5% | -38.1% | ||
| Q4 24 | 36.3% | — | ||
| Q3 24 | 31.5% | 11.0% | ||
| Q2 24 | 25.0% | 13.3% |
每股收益（稀释后）FRMEKOS
| Q1 26 | $0.45 | — | ||
| Q4 25 | $0.98 | $-0.80 | ||
| Q3 25 | $0.98 | $-0.26 | ||
| Q2 25 | $0.98 | $-0.18 | ||
| Q1 25 | $0.94 | $-0.23 | ||
| Q4 24 | $1.09 | $0.00 | ||
| Q3 24 | $0.84 | $0.09 | ||
| Q2 24 | $0.68 | $0.12 |
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 | — | $91.5M |
| 总债务越低越好 | — | $3.1B |
| 股东权益账面价值 | $2.7B | $528.6M |
| 总资产 | $21.1B | $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FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | — | $91.5M | ||
| Q3 25 | — | $64.0M | ||
| Q2 25 | — | $51.7M | ||
| Q1 25 | — | $49.8M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | $51.6M | ||
| Q2 24 | — | $173.8M |
总债务FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FRMEKOS
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.5B | $528.6M | ||
| Q3 25 | $2.4B | $898.8M | ||
| Q2 25 | $2.3B | $1.0B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $2.2B | $1.1B |
总资产FRMEKOS
| Q1 26 | $21.1B | — | ||
| Q4 25 | $19.0B | $4.7B | ||
| Q3 25 | $18.8B | $5.1B | ||
| Q2 25 | $18.6B | $5.2B | ||
| Q1 25 | $18.4B | $5.3B | ||
| Q4 24 | $18.3B | $5.3B | ||
| Q3 24 | $18.3B | $5.5B | ||
| Q2 24 | $18.3B | $5.4B |
负债/权益比FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | — | 5.78× | ||
| Q3 25 | — | 3.31× | ||
| Q2 25 | — | 2.80× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.29× | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $35.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | $283.6M | $35.3M | ||
| Q3 25 | $87.6M | $-27.6M | ||
| Q2 25 | $53.7M | $127.2M | ||
| Q1 25 | $61.7M | $-888.0K | ||
| Q4 24 | $266.2M | $175.7M | ||
| Q3 24 | $76.8M | $6.3M | ||
| Q2 24 | $63.0M | $223.7M |
现金转化率FRMEKOS
| Q1 26 | — | — | ||
| Q4 25 | 4.97× | — | ||
| Q3 25 | 1.54× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 4.14× | — | ||
| Q3 24 | 1.56× | 0.14× | ||
| Q2 24 | 1.58× | 3.74× |
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
FRME
| Net Interest Income | $151.3M | 96% |
| Noninterest Income | $5.8M | 4% |
KOS
| Ghana Segment | $134.6M | 46% |
| Gulf Of America | $80.7M | 27% |
| Mauritania And Senegal | $54.9M | 19% |
| Equatorial Guinea Segment | $24.3M | 8% |
