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Hess Midstream LP（HESM）与OneStream, Inc.（OS）财务数据对比。点击上方公司名可切换其他公司
Hess Midstream LP的季度营收约是OneStream, Inc.的1.2倍（$204.1M vs $163.7M），Hess Midstream LP净利率更高（77.3% vs 0.6%，领先76.7%），OneStream, Inc.同比增速更快（23.6% vs 2.1%），过去两年OneStream, Inc.的营收复合增速更高（21.8% vs -25.3%）
赫斯是美国全球化独立能源企业，主要从事原油与天然气的勘探、生产业务。公司于1968年由赫斯石油化工和阿美拉达石油合并成立，2023年10月同意被雪佛龙收购，相关交易已于2025年7月完成交割。
Blue Stream面向美国佛罗里达州科勒尔斯普林斯、韦斯顿两地的居民及商业客户，提供有线电视、有线固话、数字录像服务，以及最高速率达1G的宽带互联网接入服务，深耕当地通信市场，为用户提供稳定可靠的多元通信解决方案。
HESM vs OS — 直观对比
营收规模更大
HESM
是对方的1.2倍
$163.7M
营收增速更快
OS
高出21.5%
2.1%
净利率更高
HESM
高出76.7%
0.6%
两年增速更快
OS
近两年复合增速
-25.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $204.1M | $163.7M |
| 净利润 | $157.7M | $999.0K |
| 毛利率 | — | 69.8% |
| 营业利润率 | 116.7% | -3.2% |
| 净利率 | 77.3% | 0.6% |
| 营收同比 | 2.1% | 23.6% |
| 净利润同比 | -2.3% | — |
| 每股收益（稀释后） | $0.68 | — |
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HESMOS
| Q1 26 | $204.1M | — | ||
| Q4 25 | $404.2M | $163.7M | ||
| Q3 25 | $420.9M | $154.3M | ||
| Q2 25 | $414.2M | $147.6M | ||
| Q1 25 | $382.0M | $136.3M | ||
| Q4 24 | $395.9M | $132.5M | ||
| Q3 24 | $378.5M | $129.1M | ||
| Q2 24 | $365.5M | $117.5M |
净利润HESMOS
| Q1 26 | $157.7M | — | ||
| Q4 25 | $93.3M | $999.0K | ||
| Q3 25 | $97.7M | $-8.8M | ||
| Q2 25 | $90.3M | $-18.4M | ||
| Q1 25 | $71.6M | $-24.0M | ||
| Q4 24 | $70.4M | — | ||
| Q3 24 | $58.6M | $-171.9M | ||
| Q2 24 | $49.5M | $-7.8M |
毛利率HESMOS
| Q1 26 | — | — | ||
| Q4 25 | — | 69.8% | ||
| Q3 25 | — | 68.1% | ||
| Q2 25 | — | 68.6% | ||
| Q1 25 | — | 68.0% | ||
| Q4 24 | — | 66.8% | ||
| Q3 24 | — | 50.1% | ||
| Q2 24 | — | 68.5% |
营业利润率HESMOS
| Q1 26 | 116.7% | — | ||
| Q4 25 | 62.2% | -3.2% | ||
| Q3 25 | 61.5% | -11.3% | ||
| Q2 25 | 62.8% | -21.8% | ||
| Q1 25 | 62.1% | -29.3% | ||
| Q4 24 | 61.4% | -35.8% | ||
| Q3 24 | 61.2% | -197.6% | ||
| Q2 24 | 60.8% | -9.8% |
净利率HESMOS
| Q1 26 | 77.3% | — | ||
| Q4 25 | 23.1% | 0.6% | ||
| Q3 25 | 23.2% | -5.7% | ||
| Q2 25 | 21.8% | -12.5% | ||
| Q1 25 | 18.7% | -17.6% | ||
| Q4 24 | 17.8% | — | ||
| Q3 24 | 15.5% | -133.1% | ||
| Q2 24 | 13.5% | -6.7% |
每股收益（稀释后）HESMOS
| Q1 26 | $0.68 | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-1.06 | ||
| Q2 24 | — | — |
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 | — | $693.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $504.7M |
| 总资产 | — | $1.0B |
| 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HESMOS
| Q1 26 | — | — | ||
| Q4 25 | $1.9M | $693.6M | ||
| Q3 25 | $5.5M | $653.9M | ||
| Q2 25 | $4.5M | $652.1M | ||
| Q1 25 | $6.1M | $593.9M | ||
| Q4 24 | $4.3M | $544.2M | ||
| Q3 24 | $10.3M | $495.5M | ||
| Q2 24 | $99.6M | $140.5M |
总债务HESMOS
| Q1 26 | — | — | ||
| Q4 25 | $3.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HESMOS
| Q1 26 | — | — | ||
| Q4 25 | — | $504.7M | ||
| Q3 25 | — | $472.1M | ||
| Q2 25 | — | $458.2M | ||
| Q1 25 | — | $412.9M | ||
| Q4 24 | — | $386.2M | ||
| Q3 24 | — | $458.2M | ||
| Q2 24 | — | $97.5M |
总资产HESMOS
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $1.0B | ||
| Q3 25 | $4.4B | $949.4M | ||
| Q2 25 | $4.4B | $910.5M | ||
| Q1 25 | $4.3B | $867.3M | ||
| Q4 24 | $4.2B | $823.2M | ||
| Q3 24 | $4.1B | $750.1M | ||
| Q2 24 | $4.1B | $379.7M |
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 | $253.3M | $25.8M |
| 自由现金流经营现金流 - 资本支出 | — | $25.6M |
| 自由现金流率自由现金流/营收 | — | 15.7% |
| 资本支出强度资本支出/营收 | 51.4% | 0.1% |
| 现金转化率经营现金流/净利润 | 1.61× | 25.79× |
| 过去12个月自由现金流最近4个季度 | — | $95.6M |
8季度趋势，按日历期对齐
经营现金流HESMOS
| Q1 26 | $253.3M | — | ||
| Q4 25 | $245.6M | $25.8M | ||
| Q3 25 | $258.9M | $5.0M | ||
| Q2 25 | $276.9M | $29.7M | ||
| Q1 25 | $202.4M | $36.2M | ||
| Q4 24 | $258.5M | — | ||
| Q3 24 | $224.9M | $2.4M | ||
| Q2 24 | $271.6M | $8.1M |
自由现金流HESMOS
| Q1 26 | — | — | ||
| Q4 25 | $178.9M | $25.6M | ||
| Q3 25 | $178.9M | $4.8M | ||
| Q2 25 | $213.5M | $29.4M | ||
| Q1 25 | $156.9M | $35.8M | ||
| Q4 24 | $163.4M | — | ||
| Q3 24 | $132.6M | $1.3M | ||
| Q2 24 | $207.7M | $7.7M |
自由现金流率HESMOS
| Q1 26 | — | — | ||
| Q4 25 | 44.3% | 15.7% | ||
| Q3 25 | 42.5% | 3.1% | ||
| Q2 25 | 51.5% | 19.9% | ||
| Q1 25 | 41.1% | 26.3% | ||
| Q4 24 | 41.3% | — | ||
| Q3 24 | 35.0% | 1.0% | ||
| Q2 24 | 56.8% | 6.6% |
资本支出强度HESMOS
| Q1 26 | 51.4% | — | ||
| Q4 25 | 16.5% | 0.1% | ||
| Q3 25 | 19.0% | 0.1% | ||
| Q2 25 | 15.3% | 0.2% | ||
| Q1 25 | 11.9% | 0.3% | ||
| Q4 24 | 24.0% | — | ||
| Q3 24 | 24.4% | 0.8% | ||
| Q2 24 | 17.5% | 0.3% |
现金转化率HESMOS
| Q1 26 | 1.61× | — | ||
| Q4 25 | 2.63× | 25.79× | ||
| Q3 25 | 2.65× | — | ||
| Q2 25 | 3.07× | — | ||
| Q1 25 | 2.83× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 3.84× | — | ||
| Q2 24 | 5.49× | — |
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
HESM
| Affiliate services | $197.9M | 97% |
| Third-party services | $6.2M | 3% |
OS
| Subscription And Circulation | $150.3M | 92% |
| Professional Services And Other | $9.4M | 6% |
| License | $4.0M | 2% |
