vs
KLX Energy Services Holdings, Inc.（KLXE）与WaterBridge Infrastructure LLC（WBI）财务数据对比。点击上方公司名可切换其他公司
KLX Energy Services Holdings, Inc.的季度营收约是WaterBridge Infrastructure LLC的1.3倍（$156.9M vs $123.3M）。WaterBridge Infrastructure LLC净利率更高（-0.5% vs -9.6%，领先9.0%）。KLX Energy Services Holdings, Inc.自由现金流更多（$3.1M vs $-117.8M）
KLX能源服务控股有限公司是面向上游油气行业的关键油田服务提供商，主要在北美陆上核心油气产区运营，核心业务涵盖钻井支持、完井、生产干预及专业井场技术服务，助力客户提升运营效率、降低项目成本。
水桥基础设施（WaterBridge Infrastructure LLC）隶属于全球基础设施伙伴集团（GIP）。GIP是美国知名基础设施投资基金，在全球开展股权及优质债权投资业务，总部设于纽约，投资覆盖能源、交通、给排水与固废处理等领域的基础设施资产，在伦敦、悉尼、新加坡等全球多个城市设有办事处，拥有约150名投资及运营专业人员。
KLXE vs WBI — 直观对比
营收规模更大
KLXE
是对方的1.3倍
$123.3M
净利率更高
WBI
高出9.0%
-9.6%
自由现金流更多
KLXE
多$120.9M
$-117.8M
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $156.9M | $123.3M |
| 净利润 | $-15.0M | $-667.0K |
| 毛利率 | 22.5% | 28.4% |
| 营业利润率 | -0.6% | 19.2% |
| 净利率 | -9.6% | -0.5% |
| 营收同比 | -5.2% | — |
| 净利润同比 | -2.7% | — |
| 每股收益（稀释后） | $-0.72 | $-0.02 |
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KLXEWBI
| Q4 25 | $156.9M | — | ||
| Q3 25 | $166.7M | $123.3M | ||
| Q2 25 | $159.0M | — | ||
| Q1 25 | $154.0M | — | ||
| Q4 24 | $165.5M | — | ||
| Q3 24 | $188.9M | — | ||
| Q2 24 | $180.2M | — | ||
| Q1 24 | $174.7M | — |
净利润KLXEWBI
| Q4 25 | $-15.0M | — | ||
| Q3 25 | $-14.3M | $-667.0K | ||
| Q2 25 | $-19.9M | — | ||
| Q1 25 | $-27.9M | — | ||
| Q4 24 | $-14.6M | — | ||
| Q3 24 | $-8.2M | — | ||
| Q2 24 | $-8.0M | — | ||
| Q1 24 | $-22.2M | — |
毛利率KLXEWBI
| Q4 25 | 22.5% | — | ||
| Q3 25 | 21.7% | 28.4% | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 19.6% | — | ||
| Q4 24 | 23.0% | — | ||
| Q3 24 | 24.7% | — | ||
| Q2 24 | 24.5% | — | ||
| Q1 24 | 17.6% | — |
营业利润率KLXEWBI
| Q4 25 | -0.6% | — | ||
| Q3 25 | -1.8% | 19.2% | ||
| Q2 25 | -5.5% | — | ||
| Q1 25 | -11.5% | — | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | -7.5% | — |
净利率KLXEWBI
| Q4 25 | -9.6% | — | ||
| Q3 25 | -8.6% | -0.5% | ||
| Q2 25 | -12.5% | — | ||
| Q1 25 | -18.1% | — | ||
| Q4 24 | -8.8% | — | ||
| Q3 24 | -4.3% | — | ||
| Q2 24 | -4.4% | — | ||
| Q1 24 | -12.7% | — |
每股收益（稀释后）KLXEWBI
| Q4 25 | $-0.72 | — | ||
| Q3 25 | $-0.74 | $-0.02 | ||
| Q2 25 | $-1.04 | — | ||
| Q1 25 | $-1.62 | — | ||
| Q4 24 | $-0.89 | — | ||
| Q3 24 | $-0.51 | — | ||
| Q2 24 | $-0.49 | — | ||
| Q1 24 | $-1.38 | — |
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 | $5.7M | $346.6M |
| 总债务越低越好 | $258.3M | — |
| 股东权益账面价值 | $-74.2M | $607.7M |
| 总资产 | $340.3M | $3.9B |
| 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KLXEWBI
| Q4 25 | $5.7M | — | ||
| Q3 25 | $8.3M | $346.6M | ||
| Q2 25 | $16.7M | — | ||
| Q1 25 | $14.6M | — | ||
| Q4 24 | $91.6M | — | ||
| Q3 24 | $82.7M | — | ||
| Q2 24 | $86.9M | — | ||
| Q1 24 | $84.9M | — |
总债务KLXEWBI
| Q4 25 | $258.3M | — | ||
| Q3 25 | $259.2M | — | ||
| Q2 25 | $258.7M | — | ||
| Q1 25 | $261.0M | — | ||
| Q4 24 | $285.1M | — | ||
| Q3 24 | $285.2M | — | ||
| Q2 24 | $284.9M | — | ||
| Q1 24 | $284.6M | — |
股东权益KLXEWBI
| Q4 25 | $-74.2M | — | ||
| Q3 25 | $-61.2M | $607.7M | ||
| Q2 25 | $-47.2M | — | ||
| Q1 25 | $-26.6M | — | ||
| Q4 24 | $-10.5M | — | ||
| Q3 24 | $2.5M | — | ||
| Q2 24 | $9.8M | — | ||
| Q1 24 | $16.9M | — |
总资产KLXEWBI
| Q4 25 | $340.3M | — | ||
| Q3 25 | $358.2M | $3.9B | ||
| Q2 25 | $369.5M | — | ||
| Q1 25 | $379.1M | — | ||
| Q4 24 | $456.3M | — | ||
| Q3 24 | $486.8M | — | ||
| Q2 24 | $491.2M | — | ||
| Q1 24 | $497.5M | — |
负债/权益比KLXEWBI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 114.08× | — | ||
| Q2 24 | 29.07× | — | ||
| Q1 24 | 16.84× | — |
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 | $12.5M | $71.5M |
| 自由现金流经营现金流 - 资本支出 | $3.1M | $-117.8M |
| 自由现金流率自由现金流/营收 | 2.0% | -95.6% |
| 资本支出强度资本支出/营收 | 6.0% | 153.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-41.6M | — |
8季度趋势，按日历期对齐
经营现金流KLXEWBI
| Q4 25 | $12.5M | — | ||
| Q3 25 | $13.5M | $71.5M | ||
| Q2 25 | $19.1M | — | ||
| Q1 25 | $-37.6M | — | ||
| Q4 24 | $26.0M | — | ||
| Q3 24 | $16.8M | — | ||
| Q2 24 | $22.2M | — | ||
| Q1 24 | $-10.8M | — |
自由现金流KLXEWBI
| Q4 25 | $3.1M | — | ||
| Q3 25 | $1.5M | $-117.8M | ||
| Q2 25 | $6.4M | — | ||
| Q1 25 | $-52.6M | — | ||
| Q4 24 | $10.7M | — | ||
| Q3 24 | $-4.2M | — | ||
| Q2 24 | $6.9M | — | ||
| Q1 24 | $-24.3M | — |
自由现金流率KLXEWBI
| Q4 25 | 2.0% | — | ||
| Q3 25 | 0.9% | -95.6% | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | -34.2% | — | ||
| Q4 24 | 6.5% | — | ||
| Q3 24 | -2.2% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | -13.9% | — |
资本支出强度KLXEWBI
| Q4 25 | 6.0% | — | ||
| Q3 25 | 7.2% | 153.6% | ||
| Q2 25 | 8.0% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 9.2% | — | ||
| Q3 24 | 11.1% | — | ||
| Q2 24 | 8.5% | — | ||
| Q1 24 | 7.7% | — |
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
KLXE
| Northeast | $59.7M | 38% |
| Other | $51.0M | 33% |
| Completion Revenues | $25.9M | 17% |
| Production Revenues | $11.6M | 7% |
| Drilling Revenues | $5.1M | 3% |
| Intervention Revenues | $3.6M | 2% |
WBI
| Produced Water Handling Revenues Excluding Skim Oil | $102.3M | 83% |
| Water Bridge Equity Finance Limited Liability Company | $12.0M | 10% |
| Skim Oil | $9.1M | 7% |
| Desert Environmental Limited Liability Company | $1.2M | 1% |
