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HELIX ENERGY SOLUTIONS GROUP INC（HLX）与Kinetik Holdings Inc.（KNTK）财务数据对比。点击上方公司名可切换其他公司
Kinetik Holdings Inc.的季度营收约是HELIX ENERGY SOLUTIONS GROUP INC的1.5倍（$430.4M vs $287.9M），Kinetik Holdings Inc.净利率更高（96.8% vs -4.7%，领先101.5%），Kinetik Holdings Inc.同比增速更快（11.6% vs -13.8%），HELIX ENERGY SOLUTIONS GROUP INC自由现金流更多（$59.0M vs $-24.0M），过去两年Kinetik Holdings Inc.的营收复合增速更高（12.3% vs -11.2%）
Helix Energy Solutions是总部位于美国得克萨斯州休斯顿的油气服务企业，2006年前名为Cal Dive International。该企业是全球离岸油气服务供应商，为新建及在产油气田提供油井干预作业以及遥控潜水器作业服务。
Kinetik Holdings Inc.是一家聚焦二叠纪盆地的中游能源基础设施供应商，为美国南部核心油气产区的上游作业方提供天然气收集、处理、运输、存储，以及原油、采出水处置等一体化服务。
HLX vs KNTK — 直观对比
营收规模更大
KNTK
是对方的1.5倍
$287.9M
营收增速更快
KNTK
高出25.4%
-13.8%
净利率更高
KNTK
高出101.5%
-4.7%
自由现金流更多
HLX
多$83.0M
$-24.0M
两年增速更快
KNTK
近两年复合增速
-11.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $287.9M | $430.4M |
| 净利润 | $-13.4M | $416.7M |
| 毛利率 | 3.1% | — |
| 营业利润率 | — | 11.2% |
| 净利率 | -4.7% | 96.8% |
| 营收同比 | -13.8% | 11.6% |
| 净利润同比 | -262.1% | 2468.4% |
| 每股收益（稀释后） | $-0.09 | $2.22 |
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HLXKNTK
| Q1 26 | $287.9M | — | ||
| Q4 25 | $334.2M | $430.4M | ||
| Q3 25 | $377.0M | $464.0M | ||
| Q2 25 | $302.3M | $426.7M | ||
| Q1 25 | $278.1M | $443.3M | ||
| Q4 24 | $355.1M | $385.7M | ||
| Q3 24 | $342.4M | $396.4M | ||
| Q2 24 | $364.8M | $359.5M |
净利润HLXKNTK
| Q1 26 | $-13.4M | — | ||
| Q4 25 | $8.3M | $416.7M | ||
| Q3 25 | $22.1M | $5.3M | ||
| Q2 25 | $-2.6M | $23.6M | ||
| Q1 25 | $3.1M | $19.3M | ||
| Q4 24 | $20.1M | $16.2M | ||
| Q3 24 | $29.5M | $25.8M | ||
| Q2 24 | $32.3M | $37.2M |
毛利率HLXKNTK
| Q1 26 | 3.1% | — | ||
| Q4 25 | 15.2% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 4.9% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 19.2% | — | ||
| Q2 24 | 20.7% | — |
营业利润率HLXKNTK
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 11.2% | ||
| Q3 25 | 12.7% | 4.3% | ||
| Q2 25 | -1.0% | 18.2% | ||
| Q1 25 | 2.9% | 4.3% | ||
| Q4 24 | 8.7% | 6.1% | ||
| Q3 24 | 13.0% | 18.4% | ||
| Q2 24 | 14.6% | 15.7% |
净利率HLXKNTK
| Q1 26 | -4.7% | — | ||
| Q4 25 | 2.5% | 96.8% | ||
| Q3 25 | 5.9% | 1.1% | ||
| Q2 25 | -0.9% | 5.5% | ||
| Q1 25 | 1.1% | 4.3% | ||
| Q4 24 | 5.7% | 4.2% | ||
| Q3 24 | 8.6% | 6.5% | ||
| Q2 24 | 8.9% | 10.3% |
每股收益（稀释后）HLXKNTK
| Q1 26 | $-0.09 | — | ||
| Q4 25 | $0.06 | $2.22 | ||
| Q3 25 | $0.15 | $0.03 | ||
| Q2 25 | $-0.02 | $0.33 | ||
| Q1 25 | $0.02 | $0.05 | ||
| Q4 24 | $0.13 | $0.01 | ||
| Q3 24 | $0.19 | $0.35 | ||
| Q2 24 | $0.21 | $0.54 |
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 | $501.3M | $4.0M |
| 总债务越低越好 | $303.8M | $3.6B |
| 股东权益账面价值 | $1.6B | $-565.4M |
| 总资产 | $2.6B | $7.1B |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资HLXKNTK
| Q1 26 | $501.3M | — | ||
| Q4 25 | $445.2M | $4.0M | ||
| Q3 25 | $338.0M | $7.7M | ||
| Q2 25 | $319.7M | $10.7M | ||
| Q1 25 | $370.0M | $8.8M | ||
| Q4 24 | $368.0M | $3.6M | ||
| Q3 24 | $324.1M | $20.4M | ||
| Q2 24 | $275.1M | $12.5M |
总债务HLXKNTK
| Q1 26 | $303.8M | — | ||
| Q4 25 | $308.0M | $3.6B | ||
| Q3 25 | $307.5M | $4.0B | ||
| Q2 25 | $311.6M | $3.7B | ||
| Q1 25 | $311.1M | $3.6B | ||
| Q4 24 | $315.2M | $3.4B | ||
| Q3 24 | $314.7M | $3.3B | ||
| Q2 24 | $318.6M | $3.3B |
股东权益HLXKNTK
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $-565.4M | ||
| Q3 25 | $1.6B | $-1.8B | ||
| Q2 25 | $1.6B | $-1.6B | ||
| Q1 25 | $1.5B | $-2.5B | ||
| Q4 24 | $1.5B | $-3.0B | ||
| Q3 24 | $1.6B | $-1.7B | ||
| Q2 24 | $1.5B | $-1.2B |
总资产HLXKNTK
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $7.1B | ||
| Q3 25 | $2.6B | $7.2B | ||
| Q2 25 | $2.7B | $7.2B | ||
| Q1 25 | $2.6B | $7.0B | ||
| Q4 24 | $2.6B | $6.8B | ||
| Q3 24 | $2.7B | $6.9B | ||
| Q2 24 | $2.6B | $6.9B |
负债/权益比HLXKNTK
| Q1 26 | 0.20× | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.20× | — | ||
| Q2 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 | $61.8M | $110.1M |
| 自由现金流经营现金流 - 资本支出 | $59.0M | $-24.0M |
| 自由现金流率自由现金流/营收 | 20.5% | -5.6% |
| 资本支出强度资本支出/营收 | 1.0% | 31.2% |
| 现金转化率经营现金流/净利润 | — | 0.26× |
| 过去12个月自由现金流最近4个季度 | $167.4M | $111.6M |
8季度趋势，按日历期对齐
经营现金流HLXKNTK
| Q1 26 | $61.8M | — | ||
| Q4 25 | $113.2M | $110.1M | ||
| Q3 25 | $24.3M | $188.1M | ||
| Q2 25 | $-17.1M | $129.1M | ||
| Q1 25 | $16.4M | $176.8M | ||
| Q4 24 | $78.0M | $144.0M | ||
| Q3 24 | $55.7M | $214.1M | ||
| Q2 24 | $-12.2M | $125.5M |
自由现金流HLXKNTK
| Q1 26 | $59.0M | — | ||
| Q4 25 | $107.5M | $-24.0M | ||
| Q3 25 | $22.6M | $31.6M | ||
| Q2 25 | $-21.6M | $1.8M | ||
| Q1 25 | $12.0M | $102.3M | ||
| Q4 24 | $65.5M | $36.3M | ||
| Q3 24 | $52.5M | $155.7M | ||
| Q2 24 | $-16.2M | $86.1M |
自由现金流率HLXKNTK
| Q1 26 | 20.5% | — | ||
| Q4 25 | 32.2% | -5.6% | ||
| Q3 25 | 6.0% | 6.8% | ||
| Q2 25 | -7.1% | 0.4% | ||
| Q1 25 | 4.3% | 23.1% | ||
| Q4 24 | 18.4% | 9.4% | ||
| Q3 24 | 15.3% | 39.3% | ||
| Q2 24 | -4.4% | 24.0% |
资本支出强度HLXKNTK
| Q1 26 | 1.0% | — | ||
| Q4 25 | 1.7% | 31.2% | ||
| Q3 25 | 0.4% | 33.7% | ||
| Q2 25 | 1.5% | 29.8% | ||
| Q1 25 | 1.6% | 16.8% | ||
| Q4 24 | 3.5% | 27.9% | ||
| Q3 24 | 0.9% | 14.7% | ||
| Q2 24 | 1.1% | 11.0% |
现金转化率HLXKNTK
| Q1 26 | — | — | ||
| Q4 25 | 13.68× | 0.26× | ||
| Q3 25 | 1.10× | 35.73× | ||
| Q2 25 | — | 5.46× | ||
| Q1 25 | 5.35× | 9.18× | ||
| Q4 24 | 3.88× | 8.88× | ||
| Q3 24 | 1.89× | 8.31× | ||
| Q2 24 | -0.38× | 3.37× |
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
HLX
暂无分部数据
KNTK
| Natural Gas NG Ls And Condensate Sales | $325.5M | 76% |
| Gathering And Processing Services | $101.6M | 24% |
| Other | $3.3M | 1% |
| Barilla Draw | $2.3M | 1% |
