vs
Hess Midstream LP（HESM）与null（SWIM）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null的1.7倍（$204.1M vs $117.3M），Hess Midstream LP净利率更高（77.3% vs -7.3%，领先84.5%），null同比增速更快（5.3% vs 2.1%），过去两年null的营收复合增速更高（-14.4% 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。
该企业是一家源自美国的跨国律师事务所，1934年创立于加利福尼亚州洛杉矶，在诉讼业务、公司法务以及监管合规法律领域拥有深厚的行业积累与知名度，是全球颇具影响力的综合性律所之一。
HESM vs SWIM — 直观对比
营收规模更大
HESM
是对方的1.7倍
$117.3M
营收增速更快
SWIM
高出3.2%
2.1%
净利率更高
HESM
高出84.5%
-7.3%
两年增速更快
SWIM
近两年复合增速
-25.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $204.1M | $117.3M |
| 净利润 | $157.7M | $-8.5M |
| 毛利率 | — | 31.7% |
| 营业利润率 | 116.7% | — |
| 净利率 | 77.3% | -7.3% |
| 营收同比 | 2.1% | 5.3% |
| 净利润同比 | -2.3% | -43.1% |
| 每股收益（稀释后） | $0.68 | $-0.07 |
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HESMSWIM
| Q1 26 | $204.1M | $117.3M | ||
| Q4 25 | $404.2M | $100.0M | ||
| Q3 25 | $420.9M | $161.9M | ||
| Q2 25 | $414.2M | $172.6M | ||
| Q1 25 | $382.0M | $111.4M | ||
| Q4 24 | $395.9M | $87.3M | ||
| Q3 24 | $378.5M | $150.5M | ||
| Q2 24 | $365.5M | $160.1M |
净利润HESMSWIM
| Q1 26 | $157.7M | $-8.5M | ||
| Q4 25 | $93.3M | $-7.0M | ||
| Q3 25 | $97.7M | $8.1M | ||
| Q2 25 | $90.3M | $16.0M | ||
| Q1 25 | $71.6M | $-6.0M | ||
| Q4 24 | $70.4M | $-29.2M | ||
| Q3 24 | $58.6M | $5.9M | ||
| Q2 24 | $49.5M | $13.3M |
毛利率HESMSWIM
| Q1 26 | — | 31.7% | ||
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% |
营业利润率HESMSWIM
| Q1 26 | 116.7% | — | ||
| Q4 25 | 62.2% | -10.7% | ||
| Q3 25 | 61.5% | 13.3% | ||
| Q2 25 | 62.8% | 14.3% | ||
| Q1 25 | 62.1% | -4.4% | ||
| Q4 24 | 61.4% | -14.9% | ||
| Q3 24 | 61.2% | 8.9% | ||
| Q2 24 | 60.8% | 12.5% |
净利率HESMSWIM
| Q1 26 | 77.3% | -7.3% | ||
| Q4 25 | 23.1% | -7.0% | ||
| Q3 25 | 23.2% | 5.0% | ||
| Q2 25 | 21.8% | 9.3% | ||
| Q1 25 | 18.7% | -5.4% | ||
| Q4 24 | 17.8% | -33.4% | ||
| Q3 24 | 15.5% | 3.9% | ||
| Q2 24 | 13.5% | 8.3% |
每股收益（稀释后）HESMSWIM
| Q1 26 | $0.68 | $-0.07 | ||
| Q4 25 | — | $-0.06 | ||
| Q3 25 | — | $0.07 | ||
| Q2 25 | — | $0.13 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.24 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $0.11 |
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 | — | — |
| 总债务越低越好 | — | $3.3M |
| 股东权益账面价值 | — | $396.7M |
| 总资产 | — | $856.4M |
| 负债/权益比越低杠杆越低 | — | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资HESMSWIM
| Q1 26 | — | — | ||
| Q4 25 | $1.9M | — | ||
| Q3 25 | $5.5M | — | ||
| Q2 25 | $4.5M | — | ||
| Q1 25 | $6.1M | — | ||
| Q4 24 | $4.3M | — | ||
| Q3 24 | $10.3M | — | ||
| Q2 24 | $99.6M | — |
总债务HESMSWIM
| Q1 26 | — | $3.3M | ||
| Q4 25 | $3.8B | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | $3.5B | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M |
股东权益HESMSWIM
| Q1 26 | — | $396.7M | ||
| Q4 25 | — | $405.9M | ||
| Q3 25 | — | $408.4M | ||
| Q2 25 | — | $398.4M | ||
| Q1 25 | — | $381.1M | ||
| Q4 24 | — | $387.2M | ||
| Q3 24 | — | $416.6M | ||
| Q2 24 | — | $408.1M |
总资产HESMSWIM
| Q1 26 | — | $856.4M | ||
| Q4 25 | $4.4B | $823.2M | ||
| Q3 25 | $4.4B | $844.4M | ||
| Q2 25 | $4.4B | $822.1M | ||
| Q1 25 | $4.3B | $824.6M | ||
| Q4 24 | $4.2B | $794.2M | ||
| Q3 24 | $4.1B | $853.4M | ||
| Q2 24 | $4.1B | $830.0M |
负债/权益比HESMSWIM
| Q1 26 | — | 0.01× | ||
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× |
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 | $-47.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 51.4% | — |
| 现金转化率经营现金流/净利润 | 1.61× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HESMSWIM
| Q1 26 | $253.3M | $-47.7M | ||
| Q4 25 | $245.6M | $23.3M | ||
| Q3 25 | $258.9M | $51.0M | ||
| Q2 25 | $276.9M | $36.0M | ||
| Q1 25 | $202.4M | $-46.9M | ||
| Q4 24 | $258.5M | $6.2M | ||
| Q3 24 | $224.9M | $37.2M | ||
| Q2 24 | $271.6M | $52.4M |
自由现金流HESMSWIM
| Q1 26 | — | — | ||
| Q4 25 | $178.9M | $14.1M | ||
| Q3 25 | $178.9M | $45.2M | ||
| Q2 25 | $213.5M | $29.1M | ||
| Q1 25 | $156.9M | $-50.3M | ||
| Q4 24 | $163.4M | $-98.0K | ||
| Q3 24 | $132.6M | $33.2M | ||
| Q2 24 | $207.7M | $47.9M |
自由现金流率HESMSWIM
| Q1 26 | — | — | ||
| Q4 25 | 44.3% | 14.1% | ||
| Q3 25 | 42.5% | 27.9% | ||
| Q2 25 | 51.5% | 16.8% | ||
| Q1 25 | 41.1% | -45.2% | ||
| Q4 24 | 41.3% | -0.1% | ||
| Q3 24 | 35.0% | 22.1% | ||
| Q2 24 | 56.8% | 29.9% |
资本支出强度HESMSWIM
| Q1 26 | 51.4% | — | ||
| Q4 25 | 16.5% | 9.2% | ||
| Q3 25 | 19.0% | 3.6% | ||
| Q2 25 | 15.3% | 4.0% | ||
| Q1 25 | 11.9% | 3.1% | ||
| Q4 24 | 24.0% | 7.2% | ||
| Q3 24 | 24.4% | 2.7% | ||
| Q2 24 | 17.5% | 2.8% |
现金转化率HESMSWIM
| Q1 26 | 1.61× | — | ||
| Q4 25 | 2.63× | — | ||
| Q3 25 | 2.65× | 6.29× | ||
| Q2 25 | 3.07× | 2.25× | ||
| Q1 25 | 2.83× | — | ||
| Q4 24 | 3.67× | — | ||
| Q3 24 | 3.84× | 6.32× | ||
| Q2 24 | 5.49× | 3.95× |
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% |
SWIM
暂无分部数据
