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Hess Midstream LP（HESM）与PERDOCEO EDUCATION Corp（PRDO）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PERDOCEO EDUCATION Corp的1.9倍（$404.2M vs $211.6M），PERDOCEO EDUCATION Corp同比增速更快（20.0% vs 2.1%），Hess Midstream LP自由现金流更多（$178.9M vs $37.9M），过去两年PERDOCEO EDUCATION Corp的营收复合增速更高（12.2% vs 6.6%）
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。
Perdoceo Education是美国上市营利性教育集团，前身为职业教育公司（Career Education Corporation），旗下运营五所美国营利性大学，包括美国洲际大学、科罗拉多理工大学、南加利福尼亚大学、三叉戟国际大学及圣奥古斯丁健康科学大学，业务覆盖高等教育、职业教育及健康科学相关教育领域。
HESM vs PRDO — 直观对比
营收规模更大
HESM
是对方的1.9倍
$211.6M
营收增速更快
PRDO
高出17.9%
2.1%
自由现金流更多
HESM
多$141.0M
$37.9M
两年增速更快
PRDO
近两年复合增速
6.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $404.2M | $211.6M |
| 净利润 | $93.3M | — |
| 毛利率 | — | — |
| 营业利润率 | 62.2% | 19.8% |
| 净利率 | 23.1% | — |
| 营收同比 | 2.1% | 20.0% |
| 净利润同比 | 32.5% | — |
| 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HESMPRDO
| Q4 25 | $404.2M | $211.6M | ||
| Q3 25 | $420.9M | $211.9M | ||
| Q2 25 | $414.2M | $209.6M | ||
| Q1 25 | $382.0M | $213.0M | ||
| Q4 24 | $395.9M | $176.4M | ||
| Q3 24 | $378.5M | $169.8M | ||
| Q2 24 | $365.5M | $166.7M | ||
| Q1 24 | $355.6M | $168.3M |
净利润HESMPRDO
| Q4 25 | $93.3M | — | ||
| Q3 25 | $97.7M | $39.9M | ||
| Q2 25 | $90.3M | $41.0M | ||
| Q1 25 | $71.6M | $43.7M | ||
| Q4 24 | $70.4M | — | ||
| Q3 24 | $58.6M | $38.3M | ||
| Q2 24 | $49.5M | $38.4M | ||
| Q1 24 | $44.6M | $39.4M |
营业利润率HESMPRDO
| Q4 25 | 62.2% | 19.8% | ||
| Q3 25 | 61.5% | 24.1% | ||
| Q2 25 | 62.8% | 24.5% | ||
| Q1 25 | 62.1% | 24.3% | ||
| Q4 24 | 61.4% | 21.1% | ||
| Q3 24 | 61.2% | 26.4% | ||
| Q2 24 | 60.8% | 27.6% | ||
| Q1 24 | 62.4% | 27.5% |
净利率HESMPRDO
| Q4 25 | 23.1% | — | ||
| Q3 25 | 23.2% | 18.8% | ||
| Q2 25 | 21.8% | 19.6% | ||
| Q1 25 | 18.7% | 20.5% | ||
| Q4 24 | 17.8% | — | ||
| Q3 24 | 15.5% | 22.5% | ||
| Q2 24 | 13.5% | 23.0% | ||
| Q1 24 | 12.5% | 23.4% |
每股收益（稀释后）HESMPRDO
| Q4 25 | — | $0.55 | ||
| Q3 25 | — | $0.60 | ||
| Q2 25 | — | $0.62 | ||
| Q1 25 | — | $0.65 | ||
| Q4 24 | — | $0.46 | ||
| Q3 24 | — | $0.57 | ||
| Q2 24 | — | $0.57 | ||
| Q1 24 | — | $0.59 |
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 | $1.9M | $111.0M |
| 总债务越低越好 | $3.8B | — |
| 股东权益账面价值 | — | $972.4M |
| 总资产 | $4.4B | $1.2B |
| 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HESMPRDO
| Q4 25 | $1.9M | $111.0M | ||
| Q3 25 | $5.5M | $159.5M | ||
| Q2 25 | $4.5M | $172.1M | ||
| Q1 25 | $6.1M | $132.1M | ||
| Q4 24 | $4.3M | $109.1M | ||
| Q3 24 | $10.3M | $238.0M | ||
| Q2 24 | $99.6M | $127.9M | ||
| Q1 24 | $4.2M | $125.8M |
总债务HESMPRDO
| Q4 25 | $3.8B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益HESMPRDO
| Q4 25 | — | $972.4M | ||
| Q3 25 | — | $997.9M | ||
| Q2 25 | — | $984.6M | ||
| Q1 25 | — | $970.3M | ||
| Q4 24 | — | $959.5M | ||
| Q3 24 | — | $935.4M | ||
| Q2 24 | — | $899.5M | ||
| Q1 24 | — | $866.1M |
总资产HESMPRDO
| Q4 25 | $4.4B | $1.2B | ||
| Q3 25 | $4.4B | $1.3B | ||
| Q2 25 | $4.4B | $1.3B | ||
| Q1 25 | $4.3B | $1.3B | ||
| Q4 24 | $4.2B | $1.2B | ||
| Q3 24 | $4.1B | $1.1B | ||
| Q2 24 | $4.1B | $1.1B | ||
| Q1 24 | $3.9B | $1.1B |
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 | $245.6M | $40.1M |
| 自由现金流经营现金流 - 资本支出 | $178.9M | $37.9M |
| 自由现金流率自由现金流/营收 | 44.3% | 17.9% |
| 资本支出强度资本支出/营收 | 16.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 2.63× | — |
| 过去12个月自由现金流最近4个季度 | $728.2M | $216.7M |
8季度趋势，按日历期对齐
经营现金流HESMPRDO
| Q4 25 | $245.6M | $40.1M | ||
| Q3 25 | $258.9M | $41.2M | ||
| Q2 25 | $276.9M | $78.8M | ||
| Q1 25 | $202.4M | $65.1M | ||
| Q4 24 | $258.5M | $17.6M | ||
| Q3 24 | $224.9M | $51.0M | ||
| Q2 24 | $271.6M | $38.5M | ||
| Q1 24 | $185.3M | $54.5M |
自由现金流HESMPRDO
| Q4 25 | $178.9M | $37.9M | ||
| Q3 25 | $178.9M | $39.4M | ||
| Q2 25 | $213.5M | $76.0M | ||
| Q1 25 | $156.9M | $63.4M | ||
| Q4 24 | $163.4M | $16.0M | ||
| Q3 24 | $132.6M | $50.0M | ||
| Q2 24 | $207.7M | $37.7M | ||
| Q1 24 | $130.5M | $53.3M |
自由现金流率HESMPRDO
| Q4 25 | 44.3% | 17.9% | ||
| Q3 25 | 42.5% | 18.6% | ||
| Q2 25 | 51.5% | 36.3% | ||
| Q1 25 | 41.1% | 29.8% | ||
| Q4 24 | 41.3% | 9.1% | ||
| Q3 24 | 35.0% | 29.4% | ||
| Q2 24 | 56.8% | 22.6% | ||
| Q1 24 | 36.7% | 31.7% |
资本支出强度HESMPRDO
| Q4 25 | 16.5% | 1.1% | ||
| Q3 25 | 19.0% | 0.9% | ||
| Q2 25 | 15.3% | 1.3% | ||
| Q1 25 | 11.9% | 0.8% | ||
| Q4 24 | 24.0% | 0.9% | ||
| Q3 24 | 24.4% | 0.6% | ||
| Q2 24 | 17.5% | 0.5% | ||
| Q1 24 | 15.4% | 0.7% |
现金转化率HESMPRDO
| Q4 25 | 2.63× | — | ||
| Q3 25 | 2.65× | 1.03× | ||
| Q2 25 | 3.07× | 1.92× | ||
| Q1 25 | 2.83× | 1.49× | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 3.84× | 1.33× | ||
| Q2 24 | 5.49× | 1.00× | ||
| Q1 24 | 4.15× | 1.38× |
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
| Gathering | $217.3M | 54% |
| Processing And Storage | $154.7M | 38% |
| Terminaling And Export | $32.2M | 8% |
PRDO
| CTU | $107.0M | 51% |
| AIUS | $60.8M | 29% |
| University Of St Augustine For Health Sciences Llc | $43.7M | 21% |
| Other | $1.1M | 1% |
