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GLOBAL PARTNERS LP（GLP）与RPM INTERNATIONAL INC（RPM）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RPM INTERNATIONAL INC的1.2倍（$2.2B vs $1.9B），RPM INTERNATIONAL INC净利率更高（8.4% vs 1.1%，领先7.3%），GLOBAL PARTNERS LP同比增速更快（7.0% vs 3.5%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $62.2M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% 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。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
GLP vs RPM — 直观对比
营收规模更大
GLP
是对方的1.2倍
$1.9B
营收增速更快
GLP
高出3.5%
3.5%
净利率更高
RPM
高出7.3%
1.1%
自由现金流更多
RPM
多$234.1M
$62.2M
两年增速更快
RPM
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.9B |
| 净利润 | $25.1M | $161.2M |
| 毛利率 | 11.9% | 40.8% |
| 营业利润率 | 2.6% | 11.0% |
| 净利率 | 1.1% | 8.4% |
| 营收同比 | 7.0% | 3.5% |
| 净利润同比 | 5.0% | -12.0% |
| 每股收益（稀释后） | — | $1.26 |
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GLPRPM
| Q4 25 | $2.2B | $1.9B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $2.1B | $1.8B | ||
| Q3 24 | $2.1B | $2.0B | ||
| Q2 24 | $2.3B | $2.0B | ||
| Q1 24 | $2.2B | $1.5B |
净利润GLPRPM
| Q4 25 | $25.1M | $161.2M | ||
| Q3 25 | $29.0M | $227.6M | ||
| Q2 25 | $25.2M | $225.8M | ||
| Q1 25 | $18.7M | $52.0M | ||
| Q4 24 | $23.9M | $183.2M | ||
| Q3 24 | $45.9M | $227.7M | ||
| Q2 24 | $46.1M | $180.6M | ||
| Q1 24 | $-5.6M | $61.2M |
毛利率GLPRPM
| Q4 25 | 11.9% | 40.8% | ||
| Q3 25 | 12.1% | 42.3% | ||
| Q2 25 | 13.1% | 42.4% | ||
| Q1 25 | 11.7% | 38.4% | ||
| Q4 24 | 13.0% | 41.4% | ||
| Q3 24 | 13.4% | 42.5% | ||
| Q2 24 | 12.6% | 41.4% | ||
| Q1 24 | 9.8% | 39.9% |
营业利润率GLPRPM
| Q4 25 | 2.6% | 11.0% | ||
| Q3 25 | 2.7% | 14.1% | ||
| Q2 25 | 2.9% | 11.9% | ||
| Q1 25 | 2.6% | 2.8% | ||
| Q4 24 | 2.8% | 11.5% | ||
| Q3 24 | 3.9% | 14.8% | ||
| Q2 24 | 3.7% | 11.9% | ||
| Q1 24 | 1.2% | 5.5% |
净利率GLPRPM
| Q4 25 | 1.1% | 8.4% | ||
| Q3 25 | 1.3% | 10.8% | ||
| Q2 25 | 1.2% | 10.8% | ||
| Q1 25 | 0.9% | 3.5% | ||
| Q4 24 | 1.2% | 9.9% | ||
| Q3 24 | 2.1% | 11.6% | ||
| Q2 24 | 2.0% | 9.0% | ||
| Q1 24 | -0.3% | 4.0% |
每股收益（稀释后）GLPRPM
| Q4 25 | — | $1.26 | ||
| Q3 25 | — | $1.77 | ||
| Q2 25 | — | $1.76 | ||
| Q1 25 | — | $0.40 | ||
| Q4 24 | — | $1.42 | ||
| Q3 24 | — | $1.77 | ||
| Q2 24 | — | $1.40 | ||
| Q1 24 | — | $0.47 |
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 | — | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | — | $3.1B |
| 总资产 | $3.9B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资GLPRPM
| Q4 25 | — | $316.6M | ||
| Q3 25 | — | $297.1M | ||
| Q2 25 | — | $302.1M | ||
| Q1 25 | — | $241.9M | ||
| Q4 24 | — | $268.7M | ||
| Q3 24 | — | $231.6M | ||
| Q2 24 | — | $237.4M | ||
| Q1 24 | — | $248.9M |
总债务GLPRPM
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益GLPRPM
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $3.1B | ||
| Q2 25 | — | $2.9B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.3B |
总资产GLPRPM
| Q4 25 | $3.9B | $7.9B | ||
| Q3 25 | $3.7B | $7.9B | ||
| Q2 25 | $3.8B | $7.8B | ||
| Q1 25 | $3.8B | $6.6B | ||
| Q4 24 | $3.8B | $6.7B | ||
| Q3 24 | $3.7B | $6.6B | ||
| Q2 24 | $3.8B | $6.6B | ||
| Q1 24 | $3.5B | $6.4B |
负债/权益比GLPRPM
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $296.4M |
| 自由现金流率自由现金流/营收 | 2.8% | 15.5% |
| 资本支出强度资本支出/营收 | 1.8% | 2.6% |
| 现金转化率经营现金流/净利润 | 4.03× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $193.3M | $582.9M |
8季度趋势，按日历期对齐
经营现金流GLPRPM
| Q4 25 | $101.0M | $345.7M | ||
| Q3 25 | $19.0M | $237.5M | ||
| Q2 25 | $216.3M | $149.2M | ||
| Q1 25 | $-51.6M | $91.5M | ||
| Q4 24 | $67.2M | $279.4M | ||
| Q3 24 | $122.7M | $248.1M | ||
| Q2 24 | $24.3M | $181.2M | ||
| Q1 24 | $-182.7M | $173.4M |
自由现金流GLPRPM
| Q4 25 | $62.2M | $296.4M | ||
| Q3 25 | $-678.0K | $175.0M | ||
| Q2 25 | $201.3M | $78.2M | ||
| Q1 25 | $-69.5M | $33.3M | ||
| Q4 24 | $20.4M | $229.5M | ||
| Q3 24 | $98.4M | $197.3M | ||
| Q2 24 | $8.7M | $105.3M | ||
| Q1 24 | $-199.3M | $124.6M |
自由现金流率GLPRPM
| Q4 25 | 2.8% | 15.5% | ||
| Q3 25 | -0.0% | 8.3% | ||
| Q2 25 | 9.7% | 3.8% | ||
| Q1 25 | -3.2% | 2.3% | ||
| Q4 24 | 1.0% | 12.4% | ||
| Q3 24 | 4.6% | 10.0% | ||
| Q2 24 | 0.4% | 5.2% | ||
| Q1 24 | -9.0% | 8.2% |
资本支出强度GLPRPM
| Q4 25 | 1.8% | 2.6% | ||
| Q3 25 | 0.9% | 3.0% | ||
| Q2 25 | 0.7% | 3.4% | ||
| Q1 25 | 0.8% | 3.9% | ||
| Q4 24 | 2.3% | 2.7% | ||
| Q3 24 | 1.1% | 2.6% | ||
| Q2 24 | 0.7% | 3.8% | ||
| Q1 24 | 0.8% | 3.2% |
现金转化率GLPRPM
| Q4 25 | 4.03× | 2.14× | ||
| Q3 25 | 0.66× | 1.04× | ||
| Q2 25 | 8.58× | 0.66× | ||
| Q1 25 | -2.76× | 1.76× | ||
| Q4 24 | 2.82× | 1.53× | ||
| Q3 24 | 2.67× | 1.09× | ||
| Q2 24 | 0.53× | 1.00× | ||
| Q1 24 | — | 2.83× |
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% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
