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MPLX LP（MPLX）与Sprouts Farmers Market, Inc.（SFM）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Sprouts Farmers Market, Inc.的1.1倍（$2.5B vs $2.3B），MPLX LP净利率更高（49.1% vs 7.0%，领先42.1%），Sprouts Farmers Market, Inc.同比增速更快（4.1% vs 1.4%），过去两年Sprouts Farmers Market, Inc.的营收复合增速更高（10.9% vs 6.2%）
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。
Sprouts Farmers Market是总部位于美国亚利桑那州凤凰城的连锁超市品牌，主营天然有机食品，涵盖新鲜果蔬、散装食品、包装杂货、肉禽海鲜、熟食烘焙、乳制品、冷冻食品等品类，同时售有维生素补剂、天然个护及家居用品，目前在全美24个州开设超400家门店，员工约3.5万名。
MPLX vs SFM — 直观对比
营收规模更大
MPLX
是对方的1.1倍
$2.3B
营收增速更快
SFM
高出2.7%
1.4%
净利率更高
MPLX
高出42.1%
7.0%
两年增速更快
SFM
近两年复合增速
6.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $2.3B |
| 净利润 | $1.2B | $163.7M |
| 毛利率 | — | 39.4% |
| 营业利润率 | 60.5% | 9.2% |
| 净利率 | 49.1% | 7.0% |
| 营收同比 | 1.4% | 4.1% |
| 净利润同比 | 8.5% | -9.1% |
| 每股收益（稀释后） | — | $1.71 |
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MPLXSFM
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.5B | $2.1B | ||
| Q3 25 | $2.5B | $2.2B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $2.5B | $2.2B | ||
| Q4 24 | $2.4B | $2.0B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.3B | $1.9B |
净利润MPLXSFM
| Q1 26 | — | $163.7M | ||
| Q4 25 | $1.2B | $89.8M | ||
| Q3 25 | $1.6B | $120.1M | ||
| Q2 25 | $1.1B | $133.7M | ||
| Q1 25 | $1.1B | $180.0M | ||
| Q4 24 | $1.1B | $79.6M | ||
| Q3 24 | $1.0B | $91.6M | ||
| Q2 24 | $1.2B | $95.3M |
毛利率MPLXSFM
| Q1 26 | — | 39.4% | ||
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 38.7% | ||
| Q2 25 | — | 38.8% | ||
| Q1 25 | — | 39.6% | ||
| Q4 24 | — | 38.1% | ||
| Q3 24 | — | 38.1% | ||
| Q2 24 | — | 37.9% |
营业利润率MPLXSFM
| Q1 26 | — | 9.2% | ||
| Q4 25 | 60.5% | 5.7% | ||
| Q3 25 | 73.2% | 7.2% | ||
| Q2 25 | 54.9% | 8.1% | ||
| Q1 25 | 55.5% | 10.1% | ||
| Q4 24 | 55.6% | 5.3% | ||
| Q3 24 | 54.4% | 6.3% | ||
| Q2 24 | 62.9% | 6.7% |
净利率MPLXSFM
| Q1 26 | — | 7.0% | ||
| Q4 25 | 49.1% | 4.2% | ||
| Q3 25 | 63.2% | 5.5% | ||
| Q2 25 | 44.9% | 6.0% | ||
| Q1 25 | 46.2% | 8.0% | ||
| Q4 24 | 45.9% | 4.0% | ||
| Q3 24 | 44.6% | 4.7% | ||
| Q2 24 | 52.6% | 5.0% |
每股收益（稀释后）MPLXSFM
| Q1 26 | — | $1.71 | ||
| Q4 25 | — | $0.93 | ||
| Q3 25 | — | $1.22 | ||
| Q2 25 | — | $1.35 | ||
| Q1 25 | — | $1.81 | ||
| Q4 24 | — | $0.78 | ||
| Q3 24 | — | $0.91 | ||
| Q2 24 | — | $0.94 |
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 | $2.1B | $252.2M |
| 总债务越低越好 | $24.2B | — |
| 股东权益账面价值 | — | $1.4B |
| 总资产 | $43.0B | $4.3B |
| 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MPLXSFM
| Q1 26 | — | $252.2M | ||
| Q4 25 | $2.1B | $257.3M | ||
| Q3 25 | $1.8B | $322.4M | ||
| Q2 25 | $1.4B | $261.4M | ||
| Q1 25 | $2.5B | $285.7M | ||
| Q4 24 | $1.5B | $265.2M | ||
| Q3 24 | $2.4B | $309.7M | ||
| Q2 24 | $2.5B | $177.3M |
总债务MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | $24.2B | — | ||
| Q3 25 | $24.1B | — | ||
| Q2 25 | $19.7B | — | ||
| Q1 25 | $19.7B | — | ||
| Q4 24 | $19.3B | — | ||
| Q3 24 | $19.3B | — | ||
| Q2 24 | $19.2B | — |
股东权益MPLXSFM
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B |
总资产MPLXSFM
| Q1 26 | — | $4.3B | ||
| Q4 25 | $43.0B | $4.2B | ||
| Q3 25 | $43.2B | $4.0B | ||
| Q2 25 | $37.8B | $3.8B | ||
| Q1 25 | $39.0B | $3.7B | ||
| Q4 24 | $37.5B | $3.6B | ||
| Q3 24 | $38.5B | $3.6B | ||
| Q2 24 | $38.4B | $3.4B |
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 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | $782.0M | — |
| 自由现金流率自由现金流/营收 | 31.9% | — |
| 资本支出强度资本支出/营收 | 29.1% | — |
| 现金转化率经营现金流/净利润 | 1.24× | — |
| 过去12个月自由现金流最近4个季度 | $4.1B | — |
8季度趋势，按日历期对齐
经营现金流MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $138.5M | ||
| Q3 25 | $1.4B | $167.1M | ||
| Q2 25 | $1.7B | $111.2M | ||
| Q1 25 | $1.2B | $299.1M | ||
| Q4 24 | $1.7B | $124.9M | ||
| Q3 24 | $1.4B | $209.1M | ||
| Q2 24 | $1.6B | $91.6M |
自由现金流MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | $782.0M | $66.3M | ||
| Q3 25 | $905.0M | $111.4M | ||
| Q2 25 | $1.4B | $50.4M | ||
| Q1 25 | $979.0M | $239.6M | ||
| Q4 24 | $1.4B | $56.2M | ||
| Q3 24 | $1.1B | $156.3M | ||
| Q2 24 | $1.4B | $33.9M |
自由现金流率MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | 31.9% | 3.1% | ||
| Q3 25 | 36.8% | 5.1% | ||
| Q2 25 | 60.9% | 2.3% | ||
| Q1 25 | 39.8% | 10.7% | ||
| Q4 24 | 56.6% | 2.8% | ||
| Q3 24 | 48.4% | 8.0% | ||
| Q2 24 | 60.0% | 1.8% |
资本支出强度MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | 29.1% | 3.4% | ||
| Q3 25 | 21.4% | 2.5% | ||
| Q2 25 | 12.8% | 2.7% | ||
| Q1 25 | 10.9% | 2.7% | ||
| Q4 24 | 12.7% | 3.4% | ||
| Q3 24 | 11.9% | 2.7% | ||
| Q2 24 | 9.4% | 3.0% |
现金转化率MPLXSFM
| Q1 26 | — | — | ||
| Q4 25 | 1.24× | 1.54× | ||
| Q3 25 | 0.92× | 1.39× | ||
| Q2 25 | 1.64× | 0.83× | ||
| Q1 25 | 1.10× | 1.66× | ||
| Q4 24 | 1.51× | 1.57× | ||
| Q3 24 | 1.35× | 2.28× | ||
| Q2 24 | 1.32× | 0.96× |
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
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% |
SFM
暂无分部数据
