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GLOBAL PARTNERS LP（GLP）与STIFEL FINANCIAL CORP（SF）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STIFEL FINANCIAL CORP的2.0倍（$2.2B vs $1.1B），STIFEL FINANCIAL CORP净利率更高（23.5% vs 1.1%，领先22.3%），STIFEL FINANCIAL CORP同比增速更快（23.0% vs 7.0%），STIFEL FINANCIAL CORP自由现金流更多（$369.0M vs $62.2M），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（21.1% 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。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
GLP vs SF — 直观对比
营收规模更大
GLP
是对方的2.0倍
$1.1B
营收增速更快
SF
高出16.0%
7.0%
净利率更高
SF
高出22.3%
1.1%
自由现金流更多
SF
多$306.7M
$62.2M
两年增速更快
SF
近两年复合增速
0.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.1B |
| 净利润 | $25.1M | $264.4M |
| 毛利率 | 11.9% | — |
| 营业利润率 | 2.6% | 27.3% |
| 净利率 | 1.1% | 23.5% |
| 营收同比 | 7.0% | 23.0% |
| 净利润同比 | 5.0% | 8.3% |
| 每股收益（稀释后） | — | $2.30 |
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GLPSF
| Q4 25 | $2.2B | $1.1B | ||
| Q3 25 | $2.2B | $962.6M | ||
| Q2 25 | $2.1B | $838.9M | ||
| Q1 25 | $2.2B | $842.5M | ||
| Q4 24 | $2.1B | $916.0M | ||
| Q3 24 | $2.1B | $810.9M | ||
| Q2 24 | $2.3B | $798.9M | ||
| Q1 24 | $2.2B | $768.1M |
净利润GLPSF
| Q4 25 | $25.1M | $264.4M | ||
| Q3 25 | $29.0M | $211.4M | ||
| Q2 25 | $25.2M | $155.1M | ||
| Q1 25 | $18.7M | $53.0M | ||
| Q4 24 | $23.9M | $244.0M | ||
| Q3 24 | $45.9M | $158.5M | ||
| Q2 24 | $46.1M | $165.3M | ||
| Q1 24 | $-5.6M | $163.6M |
毛利率GLPSF
| Q4 25 | 11.9% | — | ||
| Q3 25 | 12.1% | — | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 12.6% | — | ||
| Q1 24 | 9.8% | — |
营业利润率GLPSF
| Q4 25 | 2.6% | 27.3% | ||
| Q3 25 | 2.7% | 29.7% | ||
| Q2 25 | 2.9% | 25.5% | ||
| Q1 25 | 2.6% | 7.5% | ||
| Q4 24 | 2.8% | 29.1% | ||
| Q3 24 | 3.9% | 26.7% | ||
| Q2 24 | 3.7% | 28.4% | ||
| Q1 24 | 1.2% | 28.5% |
净利率GLPSF
| Q4 25 | 1.1% | 23.5% | ||
| Q3 25 | 1.3% | 22.0% | ||
| Q2 25 | 1.2% | 18.5% | ||
| Q1 25 | 0.9% | 6.3% | ||
| Q4 24 | 1.2% | 26.6% | ||
| Q3 24 | 2.1% | 19.5% | ||
| Q2 24 | 2.0% | 20.7% | ||
| Q1 24 | -0.3% | 21.3% |
每股收益（稀释后）GLPSF
| Q4 25 | — | $2.30 | ||
| Q3 25 | — | $1.84 | ||
| Q2 25 | — | $1.34 | ||
| Q1 25 | — | $0.39 | ||
| Q4 24 | — | $2.10 | ||
| Q3 24 | — | $1.34 | ||
| Q2 24 | — | $1.41 | ||
| Q1 24 | — | $1.40 |
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 | — | $617.4M |
| 股东权益账面价值 | — | $6.0B |
| 总资产 | $3.9B | $41.3B |
| 负债/权益比越低杠杆越低 | — | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资GLPSF
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $3.2B | ||
| Q2 25 | — | $1.9B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.6B | ||
| Q1 24 | — | $3.4B |
总债务GLPSF
| Q4 25 | — | $617.4M | ||
| Q3 25 | — | $617.2M | ||
| Q2 25 | — | $617.0M | ||
| Q1 25 | — | $616.8M | ||
| Q4 24 | — | $616.6M | ||
| Q3 24 | — | $616.4M | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
股东权益GLPSF
| Q4 25 | — | $6.0B | ||
| Q3 25 | — | $5.8B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.7B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | — | $5.4B | ||
| Q1 24 | — | $5.3B |
总资产GLPSF
| Q4 25 | $3.9B | $41.3B | ||
| Q3 25 | $3.7B | $41.7B | ||
| Q2 25 | $3.8B | $39.9B | ||
| Q1 25 | $3.8B | $40.4B | ||
| Q4 24 | $3.8B | $39.9B | ||
| Q3 24 | $3.7B | $38.9B | ||
| Q2 24 | $3.8B | $37.8B | ||
| Q1 24 | $3.5B | $38.3B |
负债/权益比GLPSF
| Q4 25 | — | 0.10× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.11× | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 0.21× |
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 | $382.4M |
| 自由现金流经营现金流 - 资本支出 | $62.2M | $369.0M |
| 自由现金流率自由现金流/营收 | 2.8% | 32.7% |
| 资本支出强度资本支出/营收 | 1.8% | 1.2% |
| 现金转化率经营现金流/净利润 | 4.03× | 1.45× |
| 过去12个月自由现金流最近4个季度 | $193.3M | $1.1B |
8季度趋势，按日历期对齐
经营现金流GLPSF
| Q4 25 | $101.0M | $382.4M | ||
| Q3 25 | $19.0M | $338.3M | ||
| Q2 25 | $216.3M | $607.5M | ||
| Q1 25 | $-51.6M | $-211.2M | ||
| Q4 24 | $67.2M | $694.6M | ||
| Q3 24 | $122.7M | $198.3M | ||
| Q2 24 | $24.3M | $207.2M | ||
| Q1 24 | $-182.7M | $-609.7M |
自由现金流GLPSF
| Q4 25 | $62.2M | $369.0M | ||
| Q3 25 | $-678.0K | $321.1M | ||
| Q2 25 | $201.3M | $592.7M | ||
| Q1 25 | $-69.5M | $-227.8M | ||
| Q4 24 | $20.4M | $677.2M | ||
| Q3 24 | $98.4M | $185.6M | ||
| Q2 24 | $8.7M | $173.3M | ||
| Q1 24 | $-199.3M | $-619.4M |
自由现金流率GLPSF
| Q4 25 | 2.8% | 32.7% | ||
| Q3 25 | -0.0% | 33.4% | ||
| Q2 25 | 9.7% | 70.6% | ||
| Q1 25 | -3.2% | -27.0% | ||
| Q4 24 | 1.0% | 73.9% | ||
| Q3 24 | 4.6% | 22.9% | ||
| Q2 24 | 0.4% | 21.7% | ||
| Q1 24 | -9.0% | -80.6% |
资本支出强度GLPSF
| Q4 25 | 1.8% | 1.2% | ||
| Q3 25 | 0.9% | 1.8% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 0.8% | 2.0% | ||
| Q4 24 | 2.3% | 1.9% | ||
| Q3 24 | 1.1% | 1.6% | ||
| Q2 24 | 0.7% | 4.2% | ||
| Q1 24 | 0.8% | 1.3% |
现金转化率GLPSF
| Q4 25 | 4.03× | 1.45× | ||
| Q3 25 | 0.66× | 1.60× | ||
| Q2 25 | 8.58× | 3.92× | ||
| Q1 25 | -2.76× | -3.99× | ||
| Q4 24 | 2.82× | 2.85× | ||
| Q3 24 | 2.67× | 1.25× | ||
| Q2 24 | 0.53× | 1.25× | ||
| Q1 24 | — | -3.73× |
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% |
SF
暂无分部数据
