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Kodiak Gas Services, Inc.（KGS）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
STARWOOD PROPERTY TRUST, INC.的季度营收约是Kodiak Gas Services, Inc.的1.5倍（$492.9M vs $332.9M），STARWOOD PROPERTY TRUST, INC.净利率更高（19.7% vs 7.4%，领先12.3%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 7.5%），过去两年Kodiak Gas Services, Inc.的营收复合增速更高（24.3% vs -2.9%）
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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
KGS vs STWD — 直观对比
营收规模更大
STWD
是对方的1.5倍
$332.9M
营收增速更快
STWD
高出0.9%
7.5%
净利率更高
STWD
高出12.3%
7.4%
两年增速更快
KGS
近两年复合增速
-2.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $332.9M | $492.9M |
| 净利润 | $24.6M | $96.9M |
| 毛利率 | — | — |
| 营业利润率 | 26.1% | 26.6% |
| 净利率 | 7.4% | 19.7% |
| 营收同比 | 7.5% | 8.5% |
| 净利润同比 | 29.0% | 87.7% |
| 每股收益（稀释后） | $0.30 | $0.25 |
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KGSSTWD
| Q4 25 | $332.9M | $492.9M | ||
| Q3 25 | $322.7M | $488.9M | ||
| Q2 25 | $322.8M | $444.3M | ||
| Q1 25 | $329.6M | $418.2M | ||
| Q4 24 | $309.5M | $454.4M | ||
| Q3 24 | $324.6M | $479.5M | ||
| Q2 24 | $309.7M | $489.8M | ||
| Q1 24 | $215.5M | $523.1M |
净利润KGSSTWD
| Q4 25 | $24.6M | $96.9M | ||
| Q3 25 | $-14.0M | $72.6M | ||
| Q2 25 | $39.5M | $129.8M | ||
| Q1 25 | $30.4M | $112.3M | ||
| Q4 24 | $19.1M | $51.6M | ||
| Q3 24 | $-5.6M | $76.1M | ||
| Q2 24 | $6.2M | $77.9M | ||
| Q1 24 | $30.2M | $154.3M |
毛利率KGSSTWD
| 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KGSSTWD
| Q4 25 | 26.1% | 26.6% | ||
| Q3 25 | 19.9% | 19.1% | ||
| Q2 25 | 30.9% | 30.5% | ||
| Q1 25 | 27.1% | 28.7% | ||
| Q4 24 | 22.3% | 15.1% | ||
| Q3 24 | 20.4% | 17.2% | ||
| Q2 24 | 17.5% | 19.1% | ||
| Q1 24 | 27.9% | 30.8% |
净利率KGSSTWD
| Q4 25 | 7.4% | 19.7% | ||
| Q3 25 | -4.3% | 14.8% | ||
| Q2 25 | 12.2% | 29.2% | ||
| Q1 25 | 9.2% | 26.8% | ||
| Q4 24 | 6.2% | 11.4% | ||
| Q3 24 | -1.7% | 15.9% | ||
| Q2 24 | 2.0% | 15.9% | ||
| Q1 24 | 14.0% | 29.5% |
每股收益（稀释后）KGSSTWD
| Q4 25 | $0.30 | $0.25 | ||
| Q3 25 | $-0.17 | $0.19 | ||
| Q2 25 | $0.43 | $0.38 | ||
| Q1 25 | $0.33 | $0.33 | ||
| Q4 24 | $0.18 | $0.15 | ||
| Q3 24 | $-0.07 | $0.23 | ||
| Q2 24 | $0.06 | $0.24 | ||
| Q1 24 | $0.39 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $1.2B | $6.8B |
| 总资产 | $4.3B | $63.2B |
| 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KGSSTWD
| Q4 25 | $3.2M | $499.5M | ||
| Q3 25 | $724.0K | $301.1M | ||
| Q2 25 | $5.4M | $259.9M | ||
| Q1 25 | $1.9M | $440.6M | ||
| Q4 24 | $4.8M | $377.8M | ||
| Q3 24 | $7.4M | $357.9M | ||
| Q2 24 | $3.9M | $259.3M | ||
| Q1 24 | $9.3M | $327.4M |
总债务KGSSTWD
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.5B | — | ||
| Q1 24 | — | — |
股东权益KGSSTWD
| Q4 25 | $1.2B | $6.8B | ||
| Q3 25 | $1.3B | $6.9B | ||
| Q2 25 | $1.3B | $6.4B | ||
| Q1 25 | $1.4B | $6.4B | ||
| Q4 24 | $1.4B | $6.4B | ||
| Q3 24 | $1.4B | $6.5B | ||
| Q2 24 | $1.5B | $6.2B | ||
| Q1 24 | $1.1B | $6.3B |
总资产KGSSTWD
| Q4 25 | $4.3B | $63.2B | ||
| Q3 25 | $4.4B | $62.4B | ||
| Q2 25 | $4.4B | $62.4B | ||
| Q1 25 | $4.4B | $62.2B | ||
| Q4 24 | $4.4B | $62.6B | ||
| Q3 24 | $4.5B | $64.2B | ||
| Q2 24 | $4.4B | $64.1B | ||
| Q1 24 | $3.3B | $66.2B |
负债/权益比KGSSTWD
| Q4 25 | 2.12× | — | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 1.88× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | — | — |
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 | $488.8M |
| 自由现金流经营现金流 - 资本支出 | $142.0M | — |
| 自由现金流率自由现金流/营收 | 42.7% | — |
| 资本支出强度资本支出/营收 | 15.9% | — |
| 现金转化率经营现金流/净利润 | 7.91× | 5.04× |
| 过去12个月自由现金流最近4个季度 | $284.3M | — |
8季度趋势，按日历期对齐
经营现金流KGSSTWD
| Q4 25 | $194.9M | $488.8M | ||
| Q3 25 | $113.4M | $337.6M | ||
| Q2 25 | $177.2M | $-87.4M | ||
| Q1 25 | $114.3M | $238.9M | ||
| Q4 24 | $118.5M | $295.6M | ||
| Q3 24 | $36.9M | $241.8M | ||
| Q2 24 | $121.1M | $53.3M | ||
| Q1 24 | $51.5M | $55.9M |
自由现金流KGSSTWD
| Q4 25 | $142.0M | — | ||
| Q3 25 | $10.9M | — | ||
| Q2 25 | $94.6M | — | ||
| Q1 25 | $36.8M | — | ||
| Q4 24 | $45.2M | — | ||
| Q3 24 | $-49.7M | — | ||
| Q2 24 | $4.0M | — | ||
| Q1 24 | $-8.6M | — |
自由现金流率KGSSTWD
| Q4 25 | 42.7% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | -15.3% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | -4.0% | — |
资本支出强度KGSSTWD
| Q4 25 | 15.9% | — | ||
| Q3 25 | 31.7% | — | ||
| Q2 25 | 25.6% | — | ||
| Q1 25 | 23.5% | — | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 26.7% | — | ||
| Q2 24 | 37.8% | — | ||
| Q1 24 | 27.9% | — |
现金转化率KGSSTWD
| Q4 25 | 7.91× | 5.04× | ||
| Q3 25 | — | 4.65× | ||
| Q2 25 | 4.49× | -0.67× | ||
| Q1 25 | 3.76× | 2.13× | ||
| Q4 24 | 6.21× | 5.72× | ||
| Q3 24 | — | 3.18× | ||
| Q2 24 | 19.44× | 0.68× | ||
| Q1 24 | 1.70× | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
