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PLAINS GP HOLDINGS LP（PAGP）与Ross Stores（ROST）财务数据对比。点击上方公司名可切换其他公司
PLAINS GP HOLDINGS LP的季度营收约是Ross Stores的1.8倍（$10.0B vs $5.6B），Ross Stores净利率更高（9.1% vs 0.6%，领先8.5%），Ross Stores同比增速更快（10.4% vs -19.1%），PLAINS GP HOLDINGS LP自由现金流更多（$636.0M vs $617.8M），过去两年Ross Stores的营收复合增速更高（-3.6% vs -8.6%）
Plains GP Holdings是一家业主有限合伙企业，业务覆盖美国及加拿大地区的液化石油气、石油产品的管道运输、营销及仓储。公司拥有总长约2.96万公里的管线权益，配套约7500万桶原油、2800万桶天然气凝液、680亿立方英尺天然气的存储能力，还运营5座天然气加工厂，总部位于得克萨斯州休斯敦市中心的艾伦中心。
Ross Stores, Inc.是美国知名折扣百货连锁集团，旗下核心品牌为Ross Dress for Less，总部位于加利福尼亚州都柏林，是美国规模最大的平价零售商。截至2024年7月，集团在全美43个州、华盛顿特区、波多黎各及关岛共运营1795家门店，暂未覆盖新英格兰地区及阿拉斯加，另拥有门店数超353家的折扣零售品牌DD's Discounts。
PAGP vs ROST — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $10.0B | $5.6B |
| 净利润 | $63.0M | $511.9M |
| 毛利率 | 7.0% | 28.0% |
| 营业利润率 | 1.8% | 11.6% |
| 净利率 | 0.6% | 9.1% |
| 营收同比 | -19.1% | 10.4% |
| 净利润同比 | 672.7% | 4.7% |
| 每股收益（稀释后） | — | $1.58 |
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
| Q4 25 | $10.0B | $5.6B | ||
| Q3 25 | $11.6B | $5.5B | ||
| Q2 25 | $10.6B | $5.0B | ||
| Q1 25 | $12.0B | $5.9B | ||
| Q4 24 | $12.4B | $5.1B | ||
| Q3 24 | $12.7B | $5.3B | ||
| Q2 24 | $12.9B | $4.9B | ||
| Q1 24 | $12.0B | $6.0B |
| Q4 25 | $63.0M | $511.9M | ||
| Q3 25 | $83.0M | $508.0M | ||
| Q2 25 | $30.0M | $479.2M | ||
| Q1 25 | $84.0M | $586.8M | ||
| Q4 24 | $-11.0M | $488.8M | ||
| Q3 24 | $33.0M | $527.1M | ||
| Q2 24 | $39.0M | $488.0M | ||
| Q1 24 | $42.0M | $609.7M |
| Q4 25 | 7.0% | 28.0% | ||
| Q3 25 | 8.6% | 27.6% | ||
| Q2 25 | 8.3% | 28.2% | ||
| Q1 25 | 10.4% | 26.5% | ||
| Q4 24 | 9.5% | 28.3% | ||
| Q3 24 | 9.3% | 28.3% | ||
| Q2 24 | 8.3% | 28.1% | ||
| Q1 24 | 9.0% | 27.3% |
| Q4 25 | 1.8% | 11.6% | ||
| Q3 25 | 4.2% | 11.5% | ||
| Q2 25 | 2.2% | 12.2% | ||
| Q1 25 | 4.4% | 12.4% | ||
| Q4 24 | 0.7% | 11.9% | ||
| Q3 24 | 2.7% | 12.5% | ||
| Q2 24 | 2.9% | 12.2% | ||
| Q1 24 | 3.1% | 13.2% |
| Q4 25 | 0.6% | 9.1% | ||
| Q3 25 | 0.7% | 9.2% | ||
| Q2 25 | 0.3% | 9.6% | ||
| Q1 25 | 0.7% | 9.9% | ||
| Q4 24 | -0.1% | 9.6% | ||
| Q3 24 | 0.3% | 10.0% | ||
| Q2 24 | 0.3% | 10.0% | ||
| Q1 24 | 0.4% | 10.1% |
| Q4 25 | — | $1.58 | ||
| Q3 25 | — | $1.56 | ||
| Q2 25 | — | $1.47 | ||
| Q1 25 | — | $1.79 | ||
| Q4 24 | — | $1.48 | ||
| Q3 24 | — | $1.59 | ||
| Q2 24 | — | $1.46 | ||
| Q1 24 | — | $1.82 |
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 | $329.0M | $4.1B |
| 总债务越低越好 | $10.7B | $1.5B |
| 股东权益账面价值 | — | $5.9B |
| 总资产 | $31.3B | $15.4B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
| Q4 25 | $329.0M | $4.1B | ||
| Q3 25 | $1.2B | $3.8B | ||
| Q2 25 | $460.0M | $3.8B | ||
| Q1 25 | $429.0M | $4.7B | ||
| Q4 24 | $349.0M | $4.3B | ||
| Q3 24 | $641.0M | $4.7B | ||
| Q2 24 | $556.0M | $4.7B | ||
| Q1 24 | $334.0M | $4.9B |
| Q4 25 | $10.7B | $1.5B | ||
| Q3 25 | $8.4B | $1.5B | ||
| Q2 25 | $8.2B | $1.5B | ||
| Q1 25 | $8.2B | $2.2B | ||
| Q4 24 | $7.2B | $2.2B | ||
| Q3 24 | $7.2B | $2.5B | ||
| Q2 24 | $7.2B | $2.5B | ||
| Q1 24 | $7.3B | $2.5B |
| Q4 25 | — | $5.9B | ||
| Q3 25 | — | $5.7B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.5B | ||
| Q4 24 | — | $5.3B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $4.9B |
| Q4 25 | $31.3B | $15.4B | ||
| Q3 25 | $29.3B | $14.5B | ||
| Q2 25 | $28.3B | $14.3B | ||
| Q1 25 | $28.3B | $14.9B | ||
| Q4 24 | $27.8B | $14.9B | ||
| Q3 24 | $28.4B | $14.7B | ||
| Q2 24 | $28.7B | $14.5B | ||
| Q1 24 | $28.6B | $14.3B |
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.27× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.42× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.50× | ||
| Q1 24 | — | 0.51× |
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 | $784.0M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $636.0M | $617.8M |
| 自由现金流率自由现金流/营收 | 6.3% | 11.0% |
| 资本支出强度资本支出/营收 | 1.5% | 3.7% |
| 现金转化率经营现金流/净利润 | 12.44× | 1.62× |
| 过去12个月自由现金流最近4个季度 | $2.3B | $2.0B |
8季度趋势，按日历期对齐
| Q4 25 | $784.0M | $827.1M | ||
| Q3 25 | $817.0M | $668.4M | ||
| Q2 25 | $692.0M | $409.7M | ||
| Q1 25 | $638.0M | $882.6M | ||
| Q4 24 | $726.0M | $513.4M | ||
| Q3 24 | $688.0M | $592.1M | ||
| Q2 24 | $652.0M | $368.9M | ||
| Q1 24 | $418.0M | $948.8M |
| Q4 25 | $636.0M | $617.8M | ||
| Q3 25 | $632.0M | $466.6M | ||
| Q2 25 | $573.0M | $202.3M | ||
| Q1 25 | $447.0M | $676.6M | ||
| Q4 24 | $560.0M | $333.0M | ||
| Q3 24 | $531.0M | $394.6M | ||
| Q2 24 | $513.0M | $232.7M | ||
| Q1 24 | $261.0M | $726.4M |
| Q4 25 | 6.3% | 11.0% | ||
| Q3 25 | 5.5% | 8.4% | ||
| Q2 25 | 5.4% | 4.1% | ||
| Q1 25 | 3.7% | 11.4% | ||
| Q4 24 | 4.5% | 6.6% | ||
| Q3 24 | 4.2% | 7.5% | ||
| Q2 24 | 4.0% | 4.8% | ||
| Q1 24 | 2.2% | 12.1% |
| Q4 25 | 1.5% | 3.7% | ||
| Q3 25 | 1.6% | 3.6% | ||
| Q2 25 | 1.1% | 4.2% | ||
| Q1 25 | 1.6% | 3.5% | ||
| Q4 24 | 1.3% | 3.6% | ||
| Q3 24 | 1.2% | 3.7% | ||
| Q2 24 | 1.1% | 2.8% | ||
| Q1 24 | 1.3% | 3.7% |
| Q4 25 | 12.44× | 1.62× | ||
| Q3 25 | 9.84× | 1.32× | ||
| Q2 25 | 23.07× | 0.85× | ||
| Q1 25 | 7.60× | 1.50× | ||
| Q4 24 | — | 1.05× | ||
| Q3 24 | 20.85× | 1.12× | ||
| Q2 24 | 16.72× | 0.76× | ||
| Q1 24 | 9.95× | 1.56× |
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
PAGP
| Products | $9.6B | 96% |
| Services | $421.0M | 4% |
| Affiliated Entity | $14.0M | 0% |
ROST
暂无分部数据
