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Kinetik Holdings Inc.（KNTK）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
RANGE RESOURCES CORP的季度营收约是Kinetik Holdings Inc.的1.8倍（$786.9M vs $430.4M），Kinetik Holdings Inc.净利率更高（96.8% vs 22.8%，领先74.1%），RANGE RESOURCES CORP同比增速更快（18.0% vs 11.6%），过去两年RANGE RESOURCES CORP的营收复合增速更高（14.6% vs 12.3%）
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。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
KNTK vs RRC — 直观对比
营收规模更大
RRC
是对方的1.8倍
$430.4M
营收增速更快
RRC
高出6.4%
11.6%
净利率更高
KNTK
高出74.1%
22.8%
两年增速更快
RRC
近两年复合增速
12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $430.4M | $786.9M |
| 净利润 | $416.7M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 11.2% | — |
| 净利率 | 96.8% | 22.8% |
| 营收同比 | 11.6% | 18.0% |
| 净利润同比 | 2468.4% | 88.8% |
| 每股收益（稀释后） | $2.22 | $0.75 |
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KNTKRRC
| Q4 25 | $430.4M | $786.9M | ||
| Q3 25 | $464.0M | $655.3M | ||
| Q2 25 | $426.7M | $699.6M | ||
| Q1 25 | $443.3M | $846.3M | ||
| Q4 24 | $385.7M | $667.0M | ||
| Q3 24 | $396.4M | $567.9M | ||
| Q2 24 | $359.5M | $513.2M | ||
| Q1 24 | $341.4M | $598.8M |
净利润KNTKRRC
| Q4 25 | $416.7M | $179.1M | ||
| Q3 25 | $5.3M | $144.3M | ||
| Q2 25 | $23.6M | $237.6M | ||
| Q1 25 | $19.3M | $97.1M | ||
| Q4 24 | $16.2M | $94.8M | ||
| Q3 24 | $25.8M | $50.7M | ||
| Q2 24 | $37.2M | $28.7M | ||
| Q1 24 | $233.6M | $92.1M |
毛利率KNTKRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率KNTKRRC
| Q4 25 | 11.2% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 18.2% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 18.4% | — | ||
| Q2 24 | 15.7% | — | ||
| Q1 24 | 7.6% | — |
净利率KNTKRRC
| Q4 25 | 96.8% | 22.8% | ||
| Q3 25 | 1.1% | 22.0% | ||
| Q2 25 | 5.5% | 34.0% | ||
| Q1 25 | 4.3% | 11.5% | ||
| Q4 24 | 4.2% | 14.2% | ||
| Q3 24 | 6.5% | 8.9% | ||
| Q2 24 | 10.3% | 5.6% | ||
| Q1 24 | 68.4% | 15.4% |
每股收益（稀释后）KNTKRRC
| Q4 25 | $2.22 | $0.75 | ||
| Q3 25 | $0.03 | $0.60 | ||
| Q2 25 | $0.33 | $0.99 | ||
| Q1 25 | $0.05 | $0.40 | ||
| Q4 24 | $0.01 | $0.38 | ||
| Q3 24 | $0.35 | $0.21 | ||
| Q2 24 | $0.54 | $0.12 | ||
| Q1 24 | $0.12 | $0.38 |
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 | $4.0M | $204.0K |
| 总债务越低越好 | $3.6B | $1.2B |
| 股东权益账面价值 | $-565.4M | $4.3B |
| 总资产 | $7.1B | $7.4B |
| 负债/权益比越低杠杆越低 | — | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资KNTKRRC
| Q4 25 | $4.0M | $204.0K | ||
| Q3 25 | $7.7M | $175.0K | ||
| Q2 25 | $10.7M | $134.0K | ||
| Q1 25 | $8.8M | $344.6M | ||
| Q4 24 | $3.6M | $304.5M | ||
| Q3 24 | $20.4M | $277.4M | ||
| Q2 24 | $12.5M | $251.1M | ||
| Q1 24 | $9.8M | $343.1M |
总债务KNTKRRC
| Q4 25 | $3.6B | $1.2B | ||
| Q3 25 | $4.0B | $1.2B | ||
| Q2 25 | $3.7B | $1.2B | ||
| Q1 25 | $3.6B | $1.7B | ||
| Q4 24 | $3.4B | $1.7B | ||
| Q3 24 | $3.3B | $1.7B | ||
| Q2 24 | $3.3B | $1.7B | ||
| Q1 24 | $3.5B | $1.8B |
股东权益KNTKRRC
| Q4 25 | $-565.4M | $4.3B | ||
| Q3 25 | $-1.8B | $4.2B | ||
| Q2 25 | $-1.6B | $4.1B | ||
| Q1 25 | $-2.5B | $3.9B | ||
| Q4 24 | $-3.0B | $3.9B | ||
| Q3 24 | $-1.7B | $3.9B | ||
| Q2 24 | $-1.2B | $3.9B | ||
| Q1 24 | $-973.4M | $3.8B |
总资产KNTKRRC
| Q4 25 | $7.1B | $7.4B | ||
| Q3 25 | $7.2B | $7.2B | ||
| Q2 25 | $7.2B | $7.1B | ||
| Q1 25 | $7.0B | $7.4B | ||
| Q4 24 | $6.8B | $7.3B | ||
| Q3 24 | $6.9B | $7.2B | ||
| Q2 24 | $6.9B | $7.3B | ||
| Q1 24 | $6.4B | $7.4B |
负债/权益比KNTKRRC
| Q4 25 | — | 0.28× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $110.1M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $-24.0M | — |
| 自由现金流率自由现金流/营收 | -5.6% | — |
| 资本支出强度资本支出/营收 | 31.2% | — |
| 现金转化率经营现金流/净利润 | 0.26× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $111.6M | — |
8季度趋势，按日历期对齐
经营现金流KNTKRRC
| Q4 25 | $110.1M | $257.5M | ||
| Q3 25 | $188.1M | $247.5M | ||
| Q2 25 | $129.1M | $336.2M | ||
| Q1 25 | $176.8M | $330.1M | ||
| Q4 24 | $144.0M | $217.9M | ||
| Q3 24 | $214.1M | $245.9M | ||
| Q2 24 | $125.5M | $148.8M | ||
| Q1 24 | $153.7M | $331.9M |
自由现金流KNTKRRC
| Q4 25 | $-24.0M | — | ||
| Q3 25 | $31.6M | — | ||
| Q2 25 | $1.8M | — | ||
| Q1 25 | $102.3M | — | ||
| Q4 24 | $36.3M | — | ||
| Q3 24 | $155.7M | — | ||
| Q2 24 | $86.1M | — | ||
| Q1 24 | $95.7M | — |
自由现金流率KNTKRRC
| Q4 25 | -5.6% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 23.1% | — | ||
| Q4 24 | 9.4% | — | ||
| Q3 24 | 39.3% | — | ||
| Q2 24 | 24.0% | — | ||
| Q1 24 | 28.0% | — |
资本支出强度KNTKRRC
| Q4 25 | 31.2% | — | ||
| Q3 25 | 33.7% | — | ||
| Q2 25 | 29.8% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | 11.0% | — | ||
| Q1 24 | 17.0% | — |
现金转化率KNTKRRC
| Q4 25 | 0.26× | 1.44× | ||
| Q3 25 | 35.73× | 1.72× | ||
| Q2 25 | 5.46× | 1.42× | ||
| Q1 25 | 9.18× | 3.40× | ||
| Q4 24 | 8.88× | 2.30× | ||
| Q3 24 | 8.31× | 4.85× | ||
| Q2 24 | 3.37× | 5.18× | ||
| Q1 24 | 0.66× | 3.60× |
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
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% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
