vs
GLOBAL PARTNERS LP（GLP）与罗布乐思（RBLX）财务数据对比。点击上方公司名可切换其他公司
GLOBAL PARTNERS LP的季度营收约是罗布乐思的1.6倍（$2.2B vs $1.4B），GLOBAL PARTNERS LP净利率更高（1.1% vs -22.3%，领先23.5%），罗布乐思同比增速更快（43.2% vs 7.0%），罗布乐思自由现金流更多（$308.6M vs $62.2M），过去两年罗布乐思的营收复合增速更高（32.9% vs 0.2%）
Global Partners LP是一家美国能源供应企业，2018年位列《财富》世界500强第361位，采用业主有限合伙制架构，核心业务为石油产品进口，深耕北美市场开展营销活动，批发的产品涵盖原油、柴油、汽油、取暖油及煤油等品类。
罗布乐思（Roblox Corporation）是总部位于美国加利福尼亚州圣马特奥的游戏企业，由大卫·巴斯祖奇与埃里克·卡塞尔于2004年共同创立。公司核心产品为同名线上游戏创作平台Roblox，于2006年正式上线，截至2024年12月底全球员工规模已超2400人。
GLP vs RBLX — 直观对比
营收规模更大
GLP
是对方的1.6倍
$1.4B
营收增速更快
RBLX
高出36.2%
7.0%
净利率更高
GLP
高出23.5%
-22.3%
自由现金流更多
RBLX
多$246.3M
$62.2M
两年增速更快
RBLX
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.4B |
| 净利润 | $25.1M | $-316.0M |
| 毛利率 | 11.9% | 77.7% |
| 营业利润率 | 2.6% | -25.3% |
| 净利率 | 1.1% | -22.3% |
| 营收同比 | 7.0% | 43.2% |
| 净利润同比 | 5.0% | -43.9% |
| 每股收益（稀释后） | — | $-0.44 |
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GLPRBLX
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | $2.1B | $988.2M | ||
| Q3 24 | $2.1B | $919.0M | ||
| Q2 24 | $2.3B | $893.5M | ||
| Q1 24 | $2.2B | $801.3M |
净利润GLPRBLX
| Q4 25 | $25.1M | $-316.0M | ||
| Q3 25 | $29.0M | $-255.6M | ||
| Q2 25 | $25.2M | $-278.4M | ||
| Q1 25 | $18.7M | $-215.1M | ||
| Q4 24 | $23.9M | $-219.6M | ||
| Q3 24 | $45.9M | $-239.3M | ||
| Q2 24 | $46.1M | $-205.9M | ||
| Q1 24 | $-5.6M | $-270.6M |
毛利率GLPRBLX
| Q4 25 | 11.9% | 77.7% | ||
| Q3 25 | 12.1% | 78.2% | ||
| Q2 25 | 13.1% | 78.2% | ||
| Q1 25 | 11.7% | 78.3% | ||
| Q4 24 | 13.0% | 77.9% | ||
| Q3 24 | 13.4% | 77.7% | ||
| Q2 24 | 12.6% | 77.8% | ||
| Q1 24 | 9.8% | 77.7% |
营业利润率GLPRBLX
| Q4 25 | 2.6% | -25.3% | ||
| Q3 25 | 2.7% | -21.8% | ||
| Q2 25 | 2.9% | -29.8% | ||
| Q1 25 | 2.6% | -24.6% | ||
| Q4 24 | 2.8% | -24.7% | ||
| Q3 24 | 3.9% | -30.4% | ||
| Q2 24 | 3.7% | -26.6% | ||
| Q1 24 | 1.2% | -37.7% |
净利率GLPRBLX
| Q4 25 | 1.1% | -22.3% | ||
| Q3 25 | 1.3% | -18.8% | ||
| Q2 25 | 1.2% | -25.8% | ||
| Q1 25 | 0.9% | -20.8% | ||
| Q4 24 | 1.2% | -22.2% | ||
| Q3 24 | 2.1% | -26.0% | ||
| Q2 24 | 2.0% | -23.0% | ||
| Q1 24 | -0.3% | -33.8% |
每股收益（稀释后）GLPRBLX
| Q4 25 | — | $-0.44 | ||
| Q3 25 | — | $-0.37 | ||
| Q2 25 | — | $-0.41 | ||
| Q1 25 | — | $-0.32 | ||
| Q4 24 | — | $-0.32 | ||
| Q3 24 | — | $-0.37 | ||
| Q2 24 | — | $-0.32 | ||
| Q1 24 | — | $-0.43 |
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 | — | $3.1B |
| 总债务越低越好 | — | $1.2B |
| 股东权益账面价值 | — | $394.5M |
| 总资产 | $3.9B | $9.6B |
| 负债/权益比越低杠杆越低 | — | 2.98× |
8季度趋势，按日历期对齐
现金及短期投资GLPRBLX
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $2.9B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
总债务GLPRBLX
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益GLPRBLX
| Q4 25 | — | $394.5M | ||
| Q3 25 | — | $407.6M | ||
| Q2 25 | — | $353.2M | ||
| Q1 25 | — | $310.7M | ||
| Q4 24 | — | $221.4M | ||
| Q3 24 | — | $189.9M | ||
| Q2 24 | — | $121.5M | ||
| Q1 24 | — | $71.6M |
总资产GLPRBLX
| Q4 25 | $3.9B | $9.6B | ||
| Q3 25 | $3.7B | $8.6B | ||
| Q2 25 | $3.8B | $7.8B | ||
| Q1 25 | $3.8B | $7.5B | ||
| Q4 24 | $3.8B | $7.2B | ||
| Q3 24 | $3.7B | $6.7B | ||
| Q2 24 | $3.8B | $6.5B | ||
| Q1 24 | $3.5B | $6.3B |
负债/权益比GLPRBLX
| Q4 25 | — | 2.98× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.48× | ||
| Q3 24 | — | — | ||
| 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 | $101.0M | $607.0M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $308.6M |
| 自由现金流率自由现金流/营收 | 2.8% | 21.8% |
| 资本支出强度资本支出/营收 | 1.8% | 21.1% |
| 现金转化率经营现金流/净利润 | 4.03× | — |
| 过去12个月自由现金流最近4个季度 | $193.3M | $1.4B |
8季度趋势，按日历期对齐
经营现金流GLPRBLX
| Q4 25 | $101.0M | $607.0M | ||
| Q3 25 | $19.0M | $546.2M | ||
| Q2 25 | $216.3M | $199.3M | ||
| Q1 25 | $-51.6M | $443.9M | ||
| Q4 24 | $67.2M | $184.5M | ||
| Q3 24 | $122.7M | $247.4M | ||
| Q2 24 | $24.3M | $151.4M | ||
| Q1 24 | $-182.7M | $238.9M |
自由现金流GLPRBLX
| Q4 25 | $62.2M | $308.6M | ||
| Q3 25 | $-678.0K | $443.6M | ||
| Q2 25 | $201.3M | $176.7M | ||
| Q1 25 | $-69.5M | $426.5M | ||
| Q4 24 | $20.4M | $120.6M | ||
| Q3 24 | $98.4M | $218.0M | ||
| Q2 24 | $8.7M | $111.7M | ||
| Q1 24 | $-199.3M | $192.3M |
自由现金流率GLPRBLX
| Q4 25 | 2.8% | 21.8% | ||
| Q3 25 | -0.0% | 32.6% | ||
| Q2 25 | 9.7% | 16.3% | ||
| Q1 25 | -3.2% | 41.2% | ||
| Q4 24 | 1.0% | 12.2% | ||
| Q3 24 | 4.6% | 23.7% | ||
| Q2 24 | 0.4% | 12.5% | ||
| Q1 24 | -9.0% | 24.0% |
资本支出强度GLPRBLX
| Q4 25 | 1.8% | 21.1% | ||
| Q3 25 | 0.9% | 7.5% | ||
| Q2 25 | 0.7% | 2.1% | ||
| Q1 25 | 0.8% | 1.7% | ||
| Q4 24 | 2.3% | 6.5% | ||
| Q3 24 | 1.1% | 3.2% | ||
| Q2 24 | 0.7% | 4.4% | ||
| Q1 24 | 0.8% | 5.8% |
现金转化率GLPRBLX
| Q4 25 | 4.03× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 8.58× | — | ||
| Q1 25 | -2.76× | — | ||
| Q4 24 | 2.82× | — | ||
| Q3 24 | 2.67× | — | ||
| Q2 24 | 0.53× | — | ||
| Q1 24 | — | — |
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
GLP
| Gasoline | $1.0B | 46% |
| Refined Petroleum Products Renewable Fuels Crude Oil And Propane | $884.7M | 40% |
| Commercial Segment | $187.6M | 8% |
| Station Operations | $110.5M | 5% |
RBLX
暂无分部数据
