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Kodiak Gas Services, Inc.（KGS）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是Kodiak Gas Services, Inc.的1.6倍（$521.7M vs $332.9M），SSR MINING INC.净利率更高（34.8% vs 7.4%，领先27.4%），SSR MINING INC.同比增速更快（61.4% vs 7.5%），Kodiak Gas Services, Inc.自由现金流更多（$142.0M vs $106.4M），过去两年SSR MINING INC.的营收复合增速更高（50.5% vs 24.3%）
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
KGS vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.6倍
$332.9M
营收增速更快
SSRM
高出53.9%
7.5%
净利率更高
SSRM
高出27.4%
7.4%
自由现金流更多
KGS
多$35.7M
$106.4M
两年增速更快
SSRM
近两年复合增速
24.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $332.9M | $521.7M |
| 净利润 | $24.6M | $181.5M |
| 毛利率 | — | — |
| 营业利润率 | 26.1% | 38.8% |
| 净利率 | 7.4% | 34.8% |
| 营收同比 | 7.5% | 61.4% |
| 净利润同比 | 29.0% | 3166.6% |
| 每股收益（稀释后） | $0.30 | $0.84 |
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KGSSSRM
| Q4 25 | $332.9M | $521.7M | ||
| Q3 25 | $322.7M | $385.8M | ||
| Q2 25 | $322.8M | $405.5M | ||
| Q1 25 | $329.6M | $316.6M | ||
| Q4 24 | $309.5M | $323.2M | ||
| Q3 24 | $324.6M | $257.4M | ||
| Q2 24 | $309.7M | $184.8M | ||
| Q1 24 | $215.5M | $230.2M |
净利润KGSSSRM
| Q4 25 | $24.6M | $181.5M | ||
| Q3 25 | $-14.0M | $65.4M | ||
| Q2 25 | $39.5M | $90.1M | ||
| Q1 25 | $30.4M | $58.8M | ||
| Q4 24 | $19.1M | $5.6M | ||
| Q3 24 | $-5.6M | $10.6M | ||
| Q2 24 | $6.2M | $9.7M | ||
| Q1 24 | $30.2M | $-287.1M |
毛利率KGSSSRM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 37.5% | — | ||
| Q2 24 | 36.5% | — | ||
| Q1 24 | 39.4% | — |
营业利润率KGSSSRM
| Q4 25 | 26.1% | 38.8% | ||
| Q3 25 | 19.9% | 21.6% | ||
| Q2 25 | 30.9% | 26.9% | ||
| Q1 25 | 27.1% | 21.1% | ||
| Q4 24 | 22.3% | 10.6% | ||
| Q3 24 | 20.4% | 3.5% | ||
| Q2 24 | 17.5% | 5.8% | ||
| Q1 24 | 27.9% | -163.5% |
净利率KGSSSRM
| Q4 25 | 7.4% | 34.8% | ||
| Q3 25 | -4.3% | 17.0% | ||
| Q2 25 | 12.2% | 22.2% | ||
| Q1 25 | 9.2% | 18.6% | ||
| Q4 24 | 6.2% | 1.7% | ||
| Q3 24 | -1.7% | 4.1% | ||
| Q2 24 | 2.0% | 5.2% | ||
| Q1 24 | 14.0% | -124.7% |
每股收益（稀释后）KGSSSRM
| Q4 25 | $0.30 | $0.84 | ||
| Q3 25 | $-0.17 | $0.31 | ||
| Q2 25 | $0.43 | $0.42 | ||
| Q1 25 | $0.33 | $0.28 | ||
| Q4 24 | $0.18 | $0.03 | ||
| Q3 24 | $-0.07 | $0.05 | ||
| Q2 24 | $0.06 | $0.05 | ||
| Q1 24 | $0.39 | $-1.42 |
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 | $3.2M | $575.6M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $1.2B | $3.5B |
| 总资产 | $4.3B | $6.1B |
| 负债/权益比越低杠杆越低 | 2.12× | — |
8季度趋势，按日历期对齐
现金及短期投资KGSSSRM
| Q4 25 | $3.2M | $575.6M | ||
| Q3 25 | $724.0K | $445.4M | ||
| Q2 25 | $5.4M | $438.5M | ||
| Q1 25 | $1.9M | $341.3M | ||
| Q4 24 | $4.8M | $417.3M | ||
| Q3 24 | $7.4M | $365.8M | ||
| Q2 24 | $3.9M | $384.4M | ||
| Q1 24 | $9.3M | $492.0M |
总债务KGSSSRM
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $228.6M | ||
| Q3 24 | $2.6B | $228.3M | ||
| Q2 24 | $2.5B | $228.0M | ||
| Q1 24 | — | $228.7M |
股东权益KGSSSRM
| Q4 25 | $1.2B | $3.5B | ||
| Q3 25 | $1.3B | $3.3B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.4B | $3.2B | ||
| Q4 24 | $1.4B | $3.1B | ||
| Q3 24 | $1.4B | $3.1B | ||
| Q2 24 | $1.5B | $3.1B | ||
| Q1 24 | $1.1B | $3.1B |
总资产KGSSSRM
| Q4 25 | $4.3B | $6.1B | ||
| Q3 25 | $4.4B | $5.9B | ||
| Q2 25 | $4.4B | $5.8B | ||
| Q1 25 | $4.4B | $5.6B | ||
| Q4 24 | $4.4B | $5.2B | ||
| Q3 24 | $4.5B | $5.1B | ||
| Q2 24 | $4.4B | $5.2B | ||
| Q1 24 | $3.3B | $5.3B |
负债/权益比KGSSSRM
| Q4 25 | 2.12× | — | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 1.88× | 0.07× | ||
| Q3 24 | 1.86× | 0.07× | ||
| Q2 24 | 1.71× | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $194.9M | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $142.0M | $106.4M |
| 自由现金流率自由现金流/营收 | 42.7% | 20.4% |
| 资本支出强度资本支出/营收 | 15.9% | 12.6% |
| 现金转化率经营现金流/净利润 | 7.91× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $284.3M | $241.6M |
8季度趋势，按日历期对齐
经营现金流KGSSSRM
| Q4 25 | $194.9M | $172.1M | ||
| Q3 25 | $113.4M | $57.2M | ||
| Q2 25 | $177.2M | $157.8M | ||
| Q1 25 | $114.3M | $84.8M | ||
| Q4 24 | $118.5M | $95.0M | ||
| Q3 24 | $36.9M | $-1.3M | ||
| Q2 24 | $121.1M | $-78.1M | ||
| Q1 24 | $51.5M | $24.6M |
自由现金流KGSSSRM
| Q4 25 | $142.0M | $106.4M | ||
| Q3 25 | $10.9M | $-2.4M | ||
| Q2 25 | $94.6M | $98.4M | ||
| Q1 25 | $36.8M | $39.3M | ||
| Q4 24 | $45.2M | $56.4M | ||
| Q3 24 | $-49.7M | $-34.1M | ||
| Q2 24 | $4.0M | $-116.3M | ||
| Q1 24 | $-8.6M | $-9.4M |
自由现金流率KGSSSRM
| Q4 25 | 42.7% | 20.4% | ||
| Q3 25 | 3.4% | -0.6% | ||
| Q2 25 | 29.3% | 24.3% | ||
| Q1 25 | 11.2% | 12.4% | ||
| Q4 24 | 14.6% | 17.5% | ||
| Q3 24 | -15.3% | -13.2% | ||
| Q2 24 | 1.3% | -62.9% | ||
| Q1 24 | -4.0% | -4.1% |
资本支出强度KGSSSRM
| Q4 25 | 15.9% | 12.6% | ||
| Q3 25 | 31.7% | 15.4% | ||
| Q2 25 | 25.6% | 14.7% | ||
| Q1 25 | 23.5% | 14.4% | ||
| Q4 24 | 23.7% | 11.9% | ||
| Q3 24 | 26.7% | 12.7% | ||
| Q2 24 | 37.8% | 20.7% | ||
| Q1 24 | 27.9% | 14.8% |
现金转化率KGSSSRM
| Q4 25 | 7.91× | 0.95× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | 4.49× | 1.75× | ||
| Q1 25 | 3.76× | 1.44× | ||
| Q4 24 | 6.21× | 17.10× | ||
| Q3 24 | — | -0.13× | ||
| Q2 24 | 19.44× | -8.06× | ||
| Q1 24 | 1.70× | — |
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
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
