vs
LandBridge Co LLC（LB）与Prairie Operating Co.（PROP）财务数据对比。点击上方公司名可切换其他公司
Prairie Operating Co.的季度营收约是LandBridge Co LLC的1.5倍（$77.7M vs $51.0M），LandBridge Co LLC净利率更高（35.0% vs 1.7%，领先33.4%），过去两年Prairie Operating Co.的营收复合增速更高（9784.4% vs 40.2%）
草原农场乳业是一家成立于伊利诺伊州卡林维尔的乳业合作社，现总部设于该州爱德华兹维尔。企业向奶源生产者收奶，将其加工为奶酪、黄油、冰淇淋、酸奶油、农家干酪、蘸酱、酸奶、液态奶等多种乳制品，同时也生产销售果汁、风味饮品与预制冰茶。
LB vs PROP — 直观对比
营收规模更大
PROP
是对方的1.5倍
$51.0M
净利率更高
LB
高出33.4%
1.7%
两年增速更快
PROP
近两年复合增速
40.2%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $77.7M |
| 净利润 | $17.9M | $1.3M |
| 毛利率 | — | — |
| 营业利润率 | 57.2% | 34.8% |
| 净利率 | 35.0% | 1.7% |
| 营收同比 | 16.0% | — |
| 净利润同比 | 15.6% | 111.3% |
| 每股收益（稀释后） | — | $-0.44 |
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LBPROP
| Q1 26 | $51.0M | — | ||
| Q4 25 | $56.8M | — | ||
| Q3 25 | $50.8M | $77.7M | ||
| Q2 25 | $47.5M | $68.1M | ||
| Q1 25 | $44.0M | $13.6M | ||
| Q4 24 | $36.5M | — | ||
| Q3 24 | $28.5M | $0 | ||
| Q2 24 | $26.0M | — |
净利润LBPROP
| Q1 26 | $17.9M | — | ||
| Q4 25 | $8.1M | — | ||
| Q3 25 | $8.1M | $1.3M | ||
| Q2 25 | $7.5M | $35.7M | ||
| Q1 25 | $6.5M | $-2.6M | ||
| Q4 24 | $49.3M | — | ||
| Q3 24 | $2.7M | $-11.4M | ||
| Q2 24 | $-57.7M | — |
营业利润率LBPROP
| Q1 26 | 57.2% | — | ||
| Q4 25 | 60.0% | — | ||
| Q3 25 | 60.8% | 34.8% | ||
| Q2 25 | 60.0% | 27.8% | ||
| Q1 25 | 57.0% | 12.9% | ||
| Q4 24 | 49.4% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | -197.4% | — |
净利率LBPROP
| Q1 26 | 35.0% | — | ||
| Q4 25 | 14.2% | — | ||
| Q3 25 | 15.9% | 1.7% | ||
| Q2 25 | 15.8% | 52.4% | ||
| Q1 25 | 14.7% | -19.3% | ||
| Q4 24 | 135.2% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | -222.1% | — |
每股收益（稀释后）LBPROP
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | — | ||
| Q3 25 | $0.26 | $-0.44 | ||
| Q2 25 | $0.24 | $0.18 | ||
| Q1 25 | $0.20 | $-3.49 | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.04 | $-0.68 | ||
| Q2 24 | — | — |
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 | $29.7M | $10.6M |
| 总债务越低越好 | $433.0K | — |
| 股东权益账面价值 | — | $101.8M |
| 总资产 | $1.4B | $939.8M |
| 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LBPROP
| Q1 26 | $29.7M | — | ||
| Q4 25 | $30.7M | — | ||
| Q3 25 | $28.3M | $10.6M | ||
| Q2 25 | $20.3M | $10.7M | ||
| Q1 25 | $14.9M | $15.0M | ||
| Q4 24 | $37.0M | — | ||
| Q3 24 | $14.4M | $40.1M | ||
| Q2 24 | $24.6M | — |
总债务LBPROP
| Q1 26 | $433.0K | — | ||
| Q4 25 | $570.7M | — | ||
| Q3 25 | $366.1M | — | ||
| Q2 25 | $370.9M | $387.0M | ||
| Q1 25 | $375.5M | $377.0M | ||
| Q4 24 | $385.5M | — | ||
| Q3 24 | $242.4M | — | ||
| Q2 24 | $360.8M | — |
股东权益LBPROP
| Q1 26 | — | — | ||
| Q4 25 | $340.3M | — | ||
| Q3 25 | $272.0M | $101.8M | ||
| Q2 25 | $266.4M | $94.2M | ||
| Q1 25 | $217.0M | $34.0M | ||
| Q4 24 | $211.8M | — | ||
| Q3 24 | $97.2M | $61.3M | ||
| Q2 24 | $296.4M | — |
总资产LBPROP
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.1B | $939.8M | ||
| Q2 25 | $1.1B | $858.5M | ||
| Q1 25 | $1.0B | $775.4M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $689.9M | $107.2M | ||
| Q2 24 | $710.5M | — |
负债/权益比LBPROP
| Q1 26 | — | — | ||
| Q4 25 | 1.68× | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.39× | 4.11× | ||
| Q1 25 | 1.73× | 11.07× | ||
| Q4 24 | 1.82× | — | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.22× | — |
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 | $41.1M | $57.7M |
| 自由现金流经营现金流 - 资本支出 | $40.9M | — |
| 自由现金流率自由现金流/营收 | 80.3% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.30× | 44.80× |
| 过去12个月自由现金流最近4个季度 | $232.8M | — |
8季度趋势，按日历期对齐
经营现金流LBPROP
| Q1 26 | $41.1M | — | ||
| Q4 25 | $126.3M | — | ||
| Q3 25 | $34.9M | $57.7M | ||
| Q2 25 | $37.3M | $-7.2M | ||
| Q1 25 | $15.9M | $16.9M | ||
| Q4 24 | $67.6M | — | ||
| Q3 24 | $7.5M | $2.8M | ||
| Q2 24 | $16.0M | — |
自由现金流LBPROP
| Q1 26 | $40.9M | — | ||
| Q4 25 | $122.0M | — | ||
| Q3 25 | $33.7M | — | ||
| Q2 25 | $36.1M | — | ||
| Q1 25 | $15.8M | — | ||
| Q4 24 | $66.7M | — | ||
| Q3 24 | $7.1M | — | ||
| Q2 24 | $15.7M | — |
自由现金流率LBPROP
| Q1 26 | 80.3% | — | ||
| Q4 25 | 214.9% | — | ||
| Q3 25 | 66.3% | — | ||
| Q2 25 | 75.9% | — | ||
| Q1 25 | 36.0% | — | ||
| Q4 24 | 182.6% | — | ||
| Q3 24 | 25.1% | — | ||
| Q2 24 | 60.4% | — |
资本支出强度LBPROP
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.4% | — |
现金转化率LBPROP
| Q1 26 | 2.30× | — | ||
| Q4 25 | 15.68× | — | ||
| Q3 25 | 4.31× | 44.80× | ||
| Q2 25 | 4.98× | -0.20× | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | — | ||
| Q2 24 | — | — |
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
LB
| Other | $14.2M | 28% |
| Easements and other surface-related revenues | $11.6M | 23% |
| Surface use royalties - related party | $11.0M | 22% |
| Resource sales | $5.2M | 10% |
| Resource royalties | $4.3M | 8% |
| Easements and other surface-related revenues - related party | $3.2M | 6% |
| Resource royalties - related party | $1.3M | 2% |
| Resource sales - related party | $205.0K | 0% |
PROP
| Crude Oil Sales | $64.9M | 84% |
| Natural Gas Sales | $7.6M | 10% |
| Natural Gas Liquids Reserves | $5.2M | 7% |
