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怪兽饮料（MNST）与MPLX LP（MPLX）财务数据对比。点击上方公司名可切换其他公司
MPLX LP的季度营收约是怪兽饮料的1.2倍（$2.5B vs $2.1B），MPLX LP净利率更高（49.1% vs 21.1%，领先28.0%），怪兽饮料同比增速更快（17.6% vs 1.4%），MPLX LP自由现金流更多（$782.0M vs $351.2M），过去两年MPLX LP的营收复合增速更高（6.2% vs 5.9%）
怪兽饮料是美国知名饮品企业，旗下拥有魔爪、Relentless、Reign、Burn等多款畅销能量饮料产品。公司1935年创立于美国南加州，前身为Hansen's，最初主营果汁产品，2012年正式更为现名。
MPLX LP旗下子公司MarkWest Energy Partners是美国业主有限合伙企业，主营天然气收集、加工及运输业务。该公司1988年成立于科罗拉多州丹佛市，曾发展为科罗拉多州第13大企业，2015年被马拉松石油旗下的MPLX收购。
MNST vs MPLX — 直观对比
营收规模更大
MPLX
是对方的1.2倍
$2.1B
营收增速更快
MNST
高出16.2%
1.4%
净利率更高
MPLX
高出28.0%
21.1%
自由现金流更多
MPLX
多$430.8M
$351.2M
两年增速更快
MPLX
近两年复合增速
5.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $449.2M | $1.2B |
| 毛利率 | 55.5% | — |
| 营业利润率 | 25.5% | 60.5% |
| 净利率 | 21.1% | 49.1% |
| 营收同比 | 17.6% | 1.4% |
| 净利润同比 | 65.9% | 8.5% |
| 每股收益（稀释后） | — | — |
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MNSTMPLX
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.2B | $2.5B | ||
| Q2 25 | $2.1B | $2.4B | ||
| Q1 25 | $1.9B | $2.5B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.9B | $2.3B | ||
| Q2 24 | $1.9B | $2.3B | ||
| Q1 24 | $1.9B | $2.2B |
净利润MNSTMPLX
| Q4 25 | $449.2M | $1.2B | ||
| Q3 25 | $524.5M | $1.6B | ||
| Q2 25 | $488.8M | $1.1B | ||
| Q1 25 | $443.0M | $1.1B | ||
| Q4 24 | $270.7M | $1.1B | ||
| Q3 24 | $370.9M | $1.0B | ||
| Q2 24 | $425.4M | $1.2B | ||
| Q1 24 | $442.0M | $1.0B |
毛利率MNSTMPLX
| Q4 25 | 55.5% | — | ||
| Q3 25 | 55.7% | — | ||
| Q2 25 | 55.7% | — | ||
| Q1 25 | 56.5% | — | ||
| Q4 24 | 55.3% | — | ||
| Q3 24 | 53.2% | — | ||
| Q2 24 | 53.6% | — | ||
| Q1 24 | 54.1% | — |
营业利润率MNSTMPLX
| Q4 25 | 25.5% | 60.5% | ||
| Q3 25 | 30.7% | 73.2% | ||
| Q2 25 | 29.9% | 54.9% | ||
| Q1 25 | 30.7% | 55.5% | ||
| Q4 24 | 21.0% | 55.6% | ||
| Q3 24 | 25.5% | 54.4% | ||
| Q2 24 | 27.7% | 62.9% | ||
| Q1 24 | 28.5% | 57.6% |
净利率MNSTMPLX
| Q4 25 | 21.1% | 49.1% | ||
| Q3 25 | 23.9% | 63.2% | ||
| Q2 25 | 23.1% | 44.9% | ||
| Q1 25 | 23.9% | 46.2% | ||
| Q4 24 | 14.9% | 45.9% | ||
| Q3 24 | 19.7% | 44.6% | ||
| Q2 24 | 22.4% | 52.6% | ||
| Q1 24 | 23.3% | 46.7% |
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 | $2.8B | $2.1B |
| 总债务越低越好 | — | $24.2B |
| 股东权益账面价值 | $8.3B | — |
| 总资产 | $10.0B | $43.0B |
| 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MNSTMPLX
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $2.6B | $1.8B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $1.9B | $2.5B | ||
| Q4 24 | $1.5B | $1.5B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.6B | $2.5B | ||
| Q1 24 | $3.6B | $385.0M |
总债务MNSTMPLX
| Q4 25 | — | $24.2B | ||
| Q3 25 | — | $24.1B | ||
| Q2 25 | — | $19.7B | ||
| Q1 25 | $199.1M | $19.7B | ||
| Q4 24 | $374.0M | $19.3B | ||
| Q3 24 | $748.8M | $19.3B | ||
| Q2 24 | $748.7M | $19.2B | ||
| Q1 24 | — | $18.8B |
股东权益MNSTMPLX
| Q4 25 | $8.3B | — | ||
| Q3 25 | $7.7B | — | ||
| Q2 25 | $7.2B | — | ||
| Q1 25 | $6.5B | — | ||
| Q4 24 | $6.0B | — | ||
| Q3 24 | $5.8B | — | ||
| Q2 24 | $5.9B | — | ||
| Q1 24 | $8.6B | — |
总资产MNSTMPLX
| Q4 25 | $10.0B | $43.0B | ||
| Q3 25 | $9.6B | $43.2B | ||
| Q2 25 | $8.7B | $37.8B | ||
| Q1 25 | $8.2B | $39.0B | ||
| Q4 24 | $7.7B | $37.5B | ||
| Q3 24 | $8.1B | $38.5B | ||
| Q2 24 | $8.1B | $38.4B | ||
| Q1 24 | $10.1B | $36.5B |
负债/权益比MNSTMPLX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.13× | — | ||
| 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 | $379.4M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $351.2M | $782.0M |
| 自由现金流率自由现金流/营收 | 16.5% | 31.9% |
| 资本支出强度资本支出/营收 | 1.3% | 29.1% |
| 现金转化率经营现金流/净利润 | 0.84× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $2.0B | $4.1B |
8季度趋势，按日历期对齐
经营现金流MNSTMPLX
| Q4 25 | $379.4M | $1.5B | ||
| Q3 25 | $745.1M | $1.4B | ||
| Q2 25 | $466.0M | $1.7B | ||
| Q1 25 | $507.6M | $1.2B | ||
| Q4 24 | $461.7M | $1.7B | ||
| Q3 24 | $618.4M | $1.4B | ||
| Q2 24 | $436.3M | $1.6B | ||
| Q1 24 | $412.1M | $1.3B |
自由现金流MNSTMPLX
| Q4 25 | $351.2M | $782.0M | ||
| Q3 25 | $701.5M | $905.0M | ||
| Q2 25 | $434.6M | $1.4B | ||
| Q1 25 | $478.5M | $979.0M | ||
| Q4 24 | $370.4M | $1.4B | ||
| Q3 24 | $571.4M | $1.1B | ||
| Q2 24 | $376.5M | $1.4B | ||
| Q1 24 | $346.1M | $1.0B |
自由现金流率MNSTMPLX
| Q4 25 | 16.5% | 31.9% | ||
| Q3 25 | 31.9% | 36.8% | ||
| Q2 25 | 20.6% | 60.9% | ||
| Q1 25 | 25.8% | 39.8% | ||
| Q4 24 | 20.4% | 56.6% | ||
| Q3 24 | 30.4% | 48.4% | ||
| Q2 24 | 19.8% | 60.0% | ||
| Q1 24 | 18.2% | 47.7% |
资本支出强度MNSTMPLX
| Q4 25 | 1.3% | 29.1% | ||
| Q3 25 | 2.0% | 21.4% | ||
| Q2 25 | 1.5% | 12.8% | ||
| Q1 25 | 1.6% | 10.9% | ||
| Q4 24 | 5.0% | 12.7% | ||
| Q3 24 | 2.5% | 11.9% | ||
| Q2 24 | 3.1% | 9.4% | ||
| Q1 24 | 3.5% | 11.7% |
现金转化率MNSTMPLX
| Q4 25 | 0.84× | 1.24× | ||
| Q3 25 | 1.42× | 0.92× | ||
| Q2 25 | 0.95× | 1.64× | ||
| Q1 25 | 1.15× | 1.10× | ||
| Q4 24 | 1.71× | 1.51× | ||
| Q3 24 | 1.67× | 1.35× | ||
| Q2 24 | 1.03× | 1.32× | ||
| Q1 24 | 0.93× | 1.27× |
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
MNST
| Monster Energy Drinks Segment | $1.2B | 57% |
| Sales Revenue Product Line | $905.5M | 42% |
| Strategic Brands Segment | $50.3M | 2% |
| Alcohol Brands Segment | $29.0M | 1% |
MPLX
| Services | $746.0M | 30% |
| Other | $675.0M | 28% |
| Products | $492.0M | 20% |
| Nonrelated Party | $186.0M | 8% |
| Related Party | $151.0M | 6% |
| Crude Oil And Products Logistics | $104.0M | 4% |
| Service Other | $56.0M | 2% |
| Natural Gas And NGL Services | $41.0M | 2% |
