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NATIONAL FUEL GAS CO（NFG）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
NATIONAL FUEL GAS CO的季度营收约是GIBRALTAR INDUSTRIES, INC.的1.9倍（$425.9M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 1.7%），过去两年NATIONAL FUEL GAS CO的营收复合增速更高（12.1% vs -12.3%）
该多元化能源企业成立于1902年，总部位于美国纽约州威廉斯维尔，总资产达62亿美元，下设勘探与生产、管道与存储、燃气集输、公用事业、能源营销五大运营板块，业务覆盖能源产业链上下游多个核心环节。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
NFG vs ROCK — 直观对比
营收规模更大
NFG
是对方的1.9倍
$225.0M
营收增速更快
ROCK
高出23.2%
1.7%
两年增速更快
NFG
近两年复合增速
-12.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $425.9M | $225.0M |
| 净利润 | $152.0M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | 81.5% | 7.9% |
| 净利率 | 35.7% | — |
| 营收同比 | 1.7% | 24.9% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $1.59 | — |
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NFGROCK
| Q1 26 | $425.9M | — | ||
| Q4 25 | $637.9M | $225.0M | ||
| Q3 25 | $443.1M | $310.9M | ||
| Q2 25 | $527.4M | $309.5M | ||
| Q1 25 | $734.8M | $290.0M | ||
| Q4 24 | $513.8M | $180.1M | ||
| Q3 24 | $310.0M | $277.1M | ||
| Q2 24 | $338.6M | $273.6M |
净利润NFGROCK
| Q1 26 | $152.0M | — | ||
| Q4 25 | $181.6M | — | ||
| Q3 25 | $107.3M | $-89.1M | ||
| Q2 25 | $149.8M | $26.0M | ||
| Q1 25 | $216.4M | $21.1M | ||
| Q4 24 | $45.0M | — | ||
| Q3 24 | $-167.6M | $34.0M | ||
| Q2 24 | $-54.2M | $32.2M |
毛利率NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | 86.6% | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | 94.7% | 28.4% | ||
| Q1 25 | 81.6% | 26.8% | ||
| Q4 24 | 87.3% | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | 98.5% | 30.5% |
营业利润率NFGROCK
| Q1 26 | 81.5% | — | ||
| Q4 25 | 43.3% | 7.9% | ||
| Q3 25 | 40.6% | 12.8% | ||
| Q2 25 | 43.7% | 12.8% | ||
| Q1 25 | 43.2% | 8.8% | ||
| Q4 24 | 16.8% | 13.3% | ||
| Q3 24 | -63.4% | 15.6% | ||
| Q2 24 | -15.2% | 14.9% |
净利率NFGROCK
| Q1 26 | 35.7% | — | ||
| Q4 25 | 28.5% | — | ||
| Q3 25 | 24.2% | -28.6% | ||
| Q2 25 | 28.4% | 8.4% | ||
| Q1 25 | 29.4% | 7.3% | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | -54.1% | 12.3% | ||
| Q2 24 | -16.0% | 11.8% |
每股收益（稀释后）NFGROCK
| Q1 26 | $1.59 | — | ||
| Q4 25 | $1.98 | — | ||
| Q3 25 | $1.18 | $-2.98 | ||
| Q2 25 | $1.64 | $0.87 | ||
| Q1 25 | $2.37 | — | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $-1.81 | $1.11 | ||
| Q2 24 | $-0.59 | $1.05 |
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 | — | $115.7M |
| 总债务越低越好 | $300.0M | $0 |
| 股东权益账面价值 | — | $950.4M |
| 总资产 | $9.1B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | $271.4M | $115.7M | ||
| Q3 25 | $43.2M | $89.4M | ||
| Q2 25 | $39.3M | $43.3M | ||
| Q1 25 | $40.0M | $25.1M | ||
| Q4 24 | $48.7M | $269.5M | ||
| Q3 24 | $38.2M | $228.9M | ||
| Q2 24 | $81.4M | $179.1M |
总债务NFGROCK
| Q1 26 | $300.0M | — | ||
| Q4 25 | $2.7B | $0 | ||
| Q3 25 | $2.7B | $0 | ||
| Q2 25 | $2.7B | $0 | ||
| Q1 25 | $2.7B | $0 | ||
| Q4 24 | $2.7B | $0 | ||
| Q3 24 | $2.7B | $0 | ||
| Q2 24 | $2.7B | $0 |
股东权益NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $950.4M | ||
| Q3 25 | $3.1B | $951.8M | ||
| Q2 25 | $3.0B | $1.0B | ||
| Q1 25 | $2.8B | $1.0B | ||
| Q4 24 | $-76.2M | $1.0B | ||
| Q3 24 | $-15.5M | $1.0B | ||
| Q2 24 | $5.0M | $975.7M |
总资产NFGROCK
| Q1 26 | $9.1B | — | ||
| Q4 25 | $9.2B | $1.4B | ||
| Q3 25 | $8.7B | $1.4B | ||
| Q2 25 | $8.4B | $1.5B | ||
| Q1 25 | $8.5B | $1.4B | ||
| Q4 24 | $8.3B | $1.4B | ||
| Q3 24 | $8.3B | $1.4B | ||
| Q2 24 | $8.5B | $1.4B |
负债/权益比NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | 0.00× | ||
| Q3 25 | 0.87× | 0.00× | ||
| Q2 25 | 0.90× | 0.00× | ||
| Q1 25 | 0.99× | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | 532.10× | 0.00× |
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 | $657.3M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | — | $26.2M |
| 自由现金流率自由现金流/营收 | — | 11.7% |
| 资本支出强度资本支出/营收 | 117.0% | 4.1% |
| 现金转化率经营现金流/净利润 | 4.32× | — |
| 过去12个月自由现金流最近4个季度 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流NFGROCK
| Q1 26 | $657.3M | — | ||
| Q4 25 | $274.9M | $35.5M | ||
| Q3 25 | $237.8M | $73.0M | ||
| Q2 25 | $388.4M | $44.9M | ||
| Q1 25 | $253.8M | $13.7M | ||
| Q4 24 | $220.1M | $19.9M | ||
| Q3 24 | $197.9M | $64.7M | ||
| Q2 24 | $281.8M | $36.5M |
自由现金流NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | $-2.7M | $26.2M | ||
| Q3 25 | $-47.8M | $64.8M | ||
| Q2 25 | $195.3M | $27.3M | ||
| Q1 25 | $59.9M | $2.3M | ||
| Q4 24 | $-20.3M | $14.1M | ||
| Q3 24 | $-49.1M | $60.5M | ||
| Q2 24 | $79.5M | $33.5M |
自由现金流率NFGROCK
| Q1 26 | — | — | ||
| Q4 25 | -0.4% | 11.7% | ||
| Q3 25 | -10.8% | 20.8% | ||
| Q2 25 | 37.0% | 8.8% | ||
| Q1 25 | 8.2% | 0.8% | ||
| Q4 24 | -4.0% | 7.8% | ||
| Q3 24 | -15.8% | 21.8% | ||
| Q2 24 | 23.5% | 12.2% |
资本支出强度NFGROCK
| Q1 26 | 117.0% | — | ||
| Q4 25 | 43.5% | 4.1% | ||
| Q3 25 | 64.4% | 2.6% | ||
| Q2 25 | 36.6% | 5.7% | ||
| Q1 25 | 26.4% | 3.9% | ||
| Q4 24 | 46.8% | 3.3% | ||
| Q3 24 | 79.7% | 1.5% | ||
| Q2 24 | 59.7% | 1.1% |
现金转化率NFGROCK
| Q1 26 | 4.32× | — | ||
| Q4 25 | 1.51× | — | ||
| Q3 25 | 2.21× | — | ||
| Q2 25 | 2.59× | 1.73× | ||
| Q1 25 | 1.17× | 0.65× | ||
| Q4 24 | 4.89× | — | ||
| Q3 24 | — | 1.90× | ||
| Q2 24 | — | 1.13× |
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
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
