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LXP Industrial Trust（LXP）与Summit Midstream Corp（SMC）财务数据对比。点击上方公司名可切换其他公司
Summit Midstream Corp的季度营收约是LXP Industrial Trust的1.6倍（$142.3M vs $86.7M），LXP Industrial Trust净利率更高（33.2% vs -5.1%，领先38.3%）
LXP工业信托是一家公开上市的房地产投资信托，专注于持有、运营和投资美国核心市场的优质工业地产，主要涵盖配送中心、物流设施及轻型工业物业，服务电商、第三方物流、先进制造等领域租户，为投资者创造长期稳定收益。
Summit Midstream Corp是一家北美中游能源企业，为上游油气生产商提供天然气与原油收集管道、压缩设施及采出水处理等基础设施服务，运营资产主要分布于美国多个核心陆上油气资源盆地。
LXP vs SMC — 直观对比
营收规模更大
SMC
是对方的1.6倍
$86.7M
净利率更高
LXP
高出38.3%
-5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $86.7M | $142.3M |
| 净利润 | $28.8M | $-7.3M |
| 毛利率 | 81.5% | 72.1% |
| 营业利润率 | 34.6% | -5.5% |
| 净利率 | 33.2% | -5.1% |
| 营收同比 | -14.0% | — |
| 净利润同比 | — | — |
| 每股收益（稀释后） | — | $-0.66 |
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LXPSMC
| Q4 25 | $86.7M | $142.3M | ||
| Q3 25 | $86.9M | $146.9M | ||
| Q2 25 | $87.7M | $140.2M | ||
| Q1 25 | $88.9M | $132.7M | ||
| Q4 24 | $100.9M | — | ||
| Q3 24 | $85.6M | $102.4M | ||
| Q2 24 | $85.8M | — | ||
| Q1 24 | $86.3M | — |
净利润LXPSMC
| Q4 25 | $28.8M | $-7.3M | ||
| Q3 25 | $36.3M | $-1.6M | ||
| Q2 25 | $29.1M | $-8.0M | ||
| Q1 25 | $19.0M | $2.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | $6.3M | $-204.9M | ||
| Q2 24 | $5.4M | — | ||
| Q1 24 | $-269.0K | — |
毛利率LXPSMC
| Q4 25 | 81.5% | 72.1% | ||
| Q3 25 | 82.3% | 74.0% | ||
| Q2 25 | 81.9% | 74.4% | ||
| Q1 25 | 80.7% | 73.3% | ||
| Q4 24 | 85.3% | — | ||
| Q3 24 | 82.5% | 72.4% | ||
| Q2 24 | 82.0% | — | ||
| Q1 24 | 82.4% | — |
营业利润率LXPSMC
| Q4 25 | 34.6% | -5.5% | ||
| Q3 25 | 50.4% | 3.8% | ||
| Q2 25 | 33.7% | -3.6% | ||
| Q1 25 | 21.8% | 3.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.9% | -53.7% | ||
| Q2 24 | 6.9% | — | ||
| Q1 24 | 1.0% | — |
净利率LXPSMC
| Q4 25 | 33.2% | -5.1% | ||
| Q3 25 | 41.7% | -1.1% | ||
| Q2 25 | 33.2% | -5.7% | ||
| Q1 25 | 21.4% | 1.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | 7.4% | -200.1% | ||
| Q2 24 | 6.3% | — | ||
| Q1 24 | -0.3% | — |
每股收益（稀释后）LXPSMC
| Q4 25 | — | $-0.66 | ||
| Q3 25 | $0.12 | $-0.13 | ||
| Q2 25 | $0.09 | $-0.66 | ||
| Q1 25 | $0.06 | $-0.16 | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.02 | $-19.25 | ||
| Q2 24 | $0.01 | — | ||
| Q1 24 | $-0.01 | — |
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 | $170.4M | $9.3M |
| 总债务越低越好 | $1.4B | $1.0B |
| 股东权益账面价值 | $2.0B | $546.2M |
| 总资产 | $3.5B | $2.4B |
| 负债/权益比越低杠杆越低 | 0.66× | 1.91× |
8季度趋势，按日历期对齐
现金及短期投资LXPSMC
| Q4 25 | $170.4M | $9.3M | ||
| Q3 25 | $229.7M | $24.6M | ||
| Q2 25 | $71.0M | $20.9M | ||
| Q1 25 | $70.9M | $26.2M | ||
| Q4 24 | $101.8M | — | ||
| Q3 24 | $55.0M | $17.8M | ||
| Q2 24 | $48.7M | — | ||
| Q1 24 | $293.8M | — |
总债务LXPSMC
| Q4 25 | $1.4B | $1.0B | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | — | $957.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益LXPSMC
| Q4 25 | $2.0B | $546.2M | ||
| Q3 25 | $2.1B | $551.9M | ||
| Q2 25 | $2.1B | $552.0M | ||
| Q1 25 | $2.1B | $558.1M | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $651.5M | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.2B | — |
总资产LXPSMC
| Q4 25 | $3.5B | $2.4B | ||
| Q3 25 | $3.7B | $2.4B | ||
| Q2 25 | $3.7B | $2.4B | ||
| Q1 25 | $3.8B | $2.4B | ||
| Q4 24 | $3.8B | — | ||
| Q3 24 | $3.9B | $2.0B | ||
| Q2 24 | $3.9B | — | ||
| Q1 24 | $4.2B | — |
负债/权益比LXPSMC
| Q4 25 | 0.66× | 1.91× | ||
| Q3 25 | 0.72× | 1.96× | ||
| Q2 25 | 0.72× | 1.95× | ||
| Q1 25 | 0.73× | 1.94× | ||
| Q4 24 | 0.75× | — | ||
| Q3 24 | — | 1.47× | ||
| Q2 24 | — | — | ||
| 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 | $188.7M | $53.7M |
| 自由现金流经营现金流 - 资本支出 | — | $34.5M |
| 自由现金流率自由现金流/营收 | — | 24.3% |
| 资本支出强度资本支出/营收 | — | 13.4% |
| 现金转化率经营现金流/净利润 | 6.56× | — |
| 过去12个月自由现金流最近4个季度 | — | $44.6M |
8季度趋势，按日历期对齐
经营现金流LXPSMC
| Q4 25 | $188.7M | $53.7M | ||
| Q3 25 | $63.5M | $26.7M | ||
| Q2 25 | $44.3M | $37.2M | ||
| Q1 25 | $39.0M | $16.0M | ||
| Q4 24 | $211.2M | — | ||
| Q3 24 | $64.6M | — | ||
| Q2 24 | $38.5M | — | ||
| Q1 24 | $38.9M | — |
自由现金流LXPSMC
| Q4 25 | — | $34.5M | ||
| Q3 25 | — | $3.8M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $-4.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率LXPSMC
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 2.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度LXPSMC
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | — | 18.8% | ||
| Q1 25 | — | 15.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率LXPSMC
| Q4 25 | 6.56× | — | ||
| Q3 25 | 1.75× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | 2.05× | 7.89× | ||
| Q4 24 | — | — | ||
| Q3 24 | 10.18× | — | ||
| Q2 24 | 7.09× | — | ||
| Q1 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
LXP
暂无分部数据
SMC
| Rockies Segment | $86.2M | 61% |
| Mid Con Barnett Shale Segment | $39.4M | 28% |
| Piceance Basin Segment | $15.8M | 11% |
