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GLOBAL PARTNERS LP（GLP）与ROKU, INC（ROKU）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ROKU, INC的1.6倍（$2.2B vs $1.4B），ROKU, INC净利率更高（5.8% vs 1.1%，领先4.6%），ROKU, INC同比增速更快（16.1% vs 7.0%），ROKU, INC自由现金流更多（$106.6M vs $62.2M），过去两年ROKU, INC的营收复合增速更高（25.8% 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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
GLP vs ROKU — 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
ROKU
高出9.2%
7.0%
净利率更高
ROKU
高出4.6%
1.1%
自由现金流更多
ROKU
多$44.3M
$62.2M
两年增速更快
ROKU
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 | $80.5M |
| 毛利率 | 11.9% | 43.5% |
| 营业利润率 | 2.6% | 4.7% |
| 净利率 | 1.1% | 5.8% |
| 营收同比 | 7.0% | 16.1% |
| 净利润同比 | 5.0% | 326.4% |
| 每股收益（稀释后） | — | $0.55 |
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GLPROKU
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.2B | $1.2B | ||
| Q2 25 | $2.1B | $1.1B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $2.3B | $968.2M | ||
| Q1 24 | $2.2B | $881.5M |
净利润GLPROKU
| Q4 25 | $25.1M | $80.5M | ||
| Q3 25 | $29.0M | $24.8M | ||
| Q2 25 | $25.2M | $10.5M | ||
| Q1 25 | $18.7M | $-27.4M | ||
| Q4 24 | $23.9M | $-35.5M | ||
| Q3 24 | $45.9M | $-9.0M | ||
| Q2 24 | $46.1M | $-34.0M | ||
| Q1 24 | $-5.6M | $-50.9M |
毛利率GLPROKU
| Q4 25 | 11.9% | 43.5% | ||
| Q3 25 | 12.1% | 43.4% | ||
| Q2 25 | 13.1% | 44.8% | ||
| Q1 25 | 11.7% | 43.6% | ||
| Q4 24 | 13.0% | 42.7% | ||
| Q3 24 | 13.4% | 45.2% | ||
| Q2 24 | 12.6% | 43.9% | ||
| Q1 24 | 9.8% | 44.1% |
营业利润率GLPROKU
| Q4 25 | 2.6% | 4.7% | ||
| Q3 25 | 2.7% | 0.8% | ||
| Q2 25 | 2.9% | -2.1% | ||
| Q1 25 | 2.6% | -5.7% | ||
| Q4 24 | 2.8% | -3.3% | ||
| Q3 24 | 3.9% | -3.4% | ||
| Q2 24 | 3.7% | -7.4% | ||
| Q1 24 | 1.2% | -8.2% |
净利率GLPROKU
| Q4 25 | 1.1% | 5.8% | ||
| Q3 25 | 1.3% | 2.0% | ||
| Q2 25 | 1.2% | 0.9% | ||
| Q1 25 | 0.9% | -2.7% | ||
| Q4 24 | 1.2% | -3.0% | ||
| Q3 24 | 2.1% | -0.9% | ||
| Q2 24 | 2.0% | -3.5% | ||
| Q1 24 | -0.3% | -5.8% |
每股收益（稀释后）GLPROKU
| Q4 25 | — | $0.55 | ||
| Q3 25 | — | $0.16 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | — | $-0.06 | ||
| Q2 24 | — | $-0.24 | ||
| Q1 24 | — | $-0.35 |
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 | — | $2.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $2.7B |
| 总资产 | $3.9B | $4.4B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GLPROKU
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.1B |
股东权益GLPROKU
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | — | $2.5B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | — | $2.4B |
总资产GLPROKU
| Q4 25 | $3.9B | $4.4B | ||
| Q3 25 | $3.7B | $4.4B | ||
| Q2 25 | $3.8B | $4.3B | ||
| Q1 25 | $3.8B | $4.2B | ||
| Q4 24 | $3.8B | $4.3B | ||
| Q3 24 | $3.7B | $4.3B | ||
| Q2 24 | $3.8B | $4.1B | ||
| Q1 24 | $3.5B | $4.2B |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $106.6M |
| 自由现金流率自由现金流/营收 | 2.8% | 7.6% |
| 资本支出强度资本支出/营收 | 1.8% | 0.1% |
| 现金转化率经营现金流/净利润 | 4.03× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $193.3M | $478.4M |
8季度趋势，按日历期对齐
经营现金流GLPROKU
| Q4 25 | $101.0M | $107.7M | ||
| Q3 25 | $19.0M | $127.6M | ||
| Q2 25 | $216.3M | $109.7M | ||
| Q1 25 | $-51.6M | $138.7M | ||
| Q4 24 | $67.2M | $79.3M | ||
| Q3 24 | $122.7M | $68.7M | ||
| Q2 24 | $24.3M | $23.4M | ||
| Q1 24 | $-182.7M | $46.7M |
自由现金流GLPROKU
| Q4 25 | $62.2M | $106.6M | ||
| Q3 25 | $-678.0K | $126.5M | ||
| Q2 25 | $201.3M | $108.6M | ||
| Q1 25 | $-69.5M | $136.8M | ||
| Q4 24 | $20.4M | $76.8M | ||
| Q3 24 | $98.4M | $67.6M | ||
| Q2 24 | $8.7M | $22.5M | ||
| Q1 24 | $-199.3M | $46.0M |
自由现金流率GLPROKU
| Q4 25 | 2.8% | 7.6% | ||
| Q3 25 | -0.0% | 10.4% | ||
| Q2 25 | 9.7% | 9.8% | ||
| Q1 25 | -3.2% | 13.4% | ||
| Q4 24 | 1.0% | 6.4% | ||
| Q3 24 | 4.6% | 6.4% | ||
| Q2 24 | 0.4% | 2.3% | ||
| Q1 24 | -9.0% | 5.2% |
资本支出强度GLPROKU
| Q4 25 | 1.8% | 0.1% | ||
| Q3 25 | 0.9% | 0.1% | ||
| Q2 25 | 0.7% | 0.1% | ||
| Q1 25 | 0.8% | 0.2% | ||
| Q4 24 | 2.3% | 0.2% | ||
| Q3 24 | 1.1% | 0.1% | ||
| Q2 24 | 0.7% | 0.1% | ||
| Q1 24 | 0.8% | 0.1% |
现金转化率GLPROKU
| Q4 25 | 4.03× | 1.34× | ||
| Q3 25 | 0.66× | 5.14× | ||
| Q2 25 | 8.58× | 10.45× | ||
| 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% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
