vs
ProFrac Holding Corp.（ACDC）与OCEANEERING INTERNATIONAL INC（OII）财务数据对比。点击上方公司名可切换其他公司
OCEANEERING INTERNATIONAL INC的季度营收约是ProFrac Holding Corp.的1.6倍（$692.4M vs $436.5M）。OCEANEERING INTERNATIONAL INC净利率更高（5.2% vs -33.2%，领先38.4%）。OCEANEERING INTERNATIONAL INC同比增速更快（2.7% vs -4.0%）。ProFrac Holding Corp.自由现金流更多（$12.9M vs $-76.5M）。过去两年OCEANEERING INTERNATIONAL INC的营收复合增速更高（1.8% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
奥什科什国际（Oceaneering International）是一家总部位于美国得克萨斯州休斯敦的水下工程及应用技术企业，为海洋、航天及其他特殊作业场景的客户提供定制化工程服务与硬件设备，在极端环境工程领域拥有深厚的技术积累。
ACDC vs OII — 直观对比
营收规模更大
OII
是对方的1.6倍
$436.5M
营收增速更快
OII
高出6.7%
-4.0%
净利率更高
OII
高出38.4%
-33.2%
自由现金流更多
ACDC
多$89.4M
$-76.5M
两年增速更快
OII
近两年复合增速
-13.4%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $692.4M |
| 净利润 | $-144.7M | $36.1M |
| 毛利率 | — | — |
| 营业利润率 | -24.9% | — |
| 净利率 | -33.2% | 5.2% |
| 营收同比 | -4.0% | 2.7% |
| 净利润同比 | -37.8% | -79.7% |
| 每股收益（稀释后） | $-0.83 | $0.36 |
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ACDCOII
| Q1 26 | — | $692.4M | ||
| Q4 25 | $436.5M | $668.6M | ||
| Q3 25 | $403.1M | $742.9M | ||
| Q2 25 | $501.9M | $698.2M | ||
| Q1 25 | $600.3M | $674.5M | ||
| Q4 24 | $454.7M | $713.5M | ||
| Q3 24 | $575.3M | $679.8M | ||
| Q2 24 | $579.4M | $668.8M |
净利润ACDCOII
| Q1 26 | — | $36.1M | ||
| Q4 25 | $-144.7M | $177.7M | ||
| Q3 25 | $-100.9M | $71.3M | ||
| Q2 25 | $-105.9M | $54.4M | ||
| Q1 25 | $-17.5M | $50.4M | ||
| Q4 24 | $-105.0M | $56.1M | ||
| Q3 24 | $-45.2M | $41.2M | ||
| Q2 24 | $-66.7M | $35.0M |
毛利率ACDCOII
| Q1 26 | — | — | ||
| Q4 25 | — | 19.8% | ||
| Q3 25 | — | 20.6% | ||
| Q2 25 | — | 21.3% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 19.3% | ||
| Q2 24 | — | 18.0% |
营业利润率ACDCOII
| Q1 26 | — | — | ||
| Q4 25 | -24.9% | 9.8% | ||
| Q3 25 | -19.5% | 11.6% | ||
| Q2 25 | -10.8% | 11.3% | ||
| Q1 25 | 2.7% | 10.9% | ||
| Q4 24 | -10.3% | 10.9% | ||
| Q3 24 | -0.7% | 10.5% | ||
| Q2 24 | -8.5% | 9.0% |
净利率ACDCOII
| Q1 26 | — | 5.2% | ||
| Q4 25 | -33.2% | 26.6% | ||
| Q3 25 | -25.0% | 9.6% | ||
| Q2 25 | -21.1% | 7.8% | ||
| Q1 25 | -2.9% | 7.5% | ||
| Q4 24 | -23.1% | 7.9% | ||
| Q3 24 | -7.9% | 6.1% | ||
| Q2 24 | -11.5% | 5.2% |
每股收益（稀释后）ACDCOII
| Q1 26 | — | $0.36 | ||
| Q4 25 | $-0.83 | $1.75 | ||
| Q3 25 | $-0.60 | $0.71 | ||
| Q2 25 | $-0.67 | $0.54 | ||
| Q1 25 | $-0.12 | $0.49 | ||
| Q4 24 | $-0.67 | $0.55 | ||
| Q3 24 | $-0.29 | $0.40 | ||
| Q2 24 | $-0.42 | $0.34 |
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 | $22.9M | — |
| 总债务越低越好 | $832.7M | $488.8M |
| 股东权益账面价值 | $717.5M | $1.1B |
| 总资产 | $2.6B | $2.6B |
| 负债/权益比越低杠杆越低 | 1.16× | 0.44× |
8季度趋势，按日历期对齐
现金及短期投资ACDCOII
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $695.9M | ||
| Q3 25 | $58.0M | $7.0M | ||
| Q2 25 | $26.0M | $7.0M | ||
| Q1 25 | $16.0M | $7.0M | ||
| Q4 24 | $14.8M | $504.5M | ||
| Q3 24 | $25.5M | — | ||
| Q2 24 | $24.0M | — |
总债务ACDCOII
| Q1 26 | — | $488.8M | ||
| Q4 25 | $832.7M | $487.4M | ||
| Q3 25 | $907.0M | — | ||
| Q2 25 | $941.9M | — | ||
| Q1 25 | $967.9M | — | ||
| Q4 24 | $936.1M | $482.0M | ||
| Q3 24 | $986.7M | — | ||
| Q2 24 | $1.0B | — |
股东权益ACDCOII
| Q1 26 | — | $1.1B | ||
| Q4 25 | $717.5M | $1.1B | ||
| Q3 25 | $862.0M | $907.7M | ||
| Q2 25 | $875.5M | $842.1M | ||
| Q1 25 | $988.1M | $773.1M | ||
| Q4 24 | $1.0B | $714.3M | ||
| Q3 24 | $1.1B | $698.0M | ||
| Q2 24 | $1.1B | $651.0M |
总资产ACDCOII
| Q1 26 | — | $2.6B | ||
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $2.7B | $2.5B | ||
| Q2 25 | $2.8B | $2.3B | ||
| Q1 25 | $3.0B | $2.3B | ||
| Q4 24 | $3.0B | $2.3B | ||
| Q3 24 | $3.1B | $2.4B | ||
| Q2 24 | $3.2B | $2.3B |
负债/权益比ACDCOII
| Q1 26 | — | 0.44× | ||
| Q4 25 | 1.16× | 0.46× | ||
| Q3 25 | 1.05× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.93× | 0.67× | ||
| Q3 24 | 0.90× | — | ||
| Q2 24 | 0.88× | — |
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 | $49.5M | — |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $-76.5M |
| 自由现金流率自由现金流/营收 | 3.0% | -11.1% |
| 资本支出强度资本支出/营收 | 8.4% | 2.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $19.6M | $238.1M |
8季度趋势，按日历期对齐
经营现金流ACDCOII
| Q1 26 | — | — | ||
| Q4 25 | $49.5M | $221.1M | ||
| Q3 25 | $900.0K | $101.3M | ||
| Q2 25 | $100.4M | $77.2M | ||
| Q1 25 | $38.7M | $-80.7M | ||
| Q4 24 | $76.5M | $128.4M | ||
| Q3 24 | $98.2M | $91.9M | ||
| Q2 24 | $113.5M | $52.6M |
自由现金流ACDCOII
| Q1 26 | — | $-76.5M | ||
| Q4 25 | $12.9M | $190.7M | ||
| Q3 25 | $-33.4M | $77.0M | ||
| Q2 25 | $53.9M | $46.9M | ||
| Q1 25 | $-13.8M | $-106.8M | ||
| Q4 24 | $13.3M | $94.5M | ||
| Q3 24 | $28.2M | $67.0M | ||
| Q2 24 | $51.6M | $29.8M |
自由现金流率ACDCOII
| Q1 26 | — | -11.1% | ||
| Q4 25 | 3.0% | 28.5% | ||
| Q3 25 | -8.3% | 10.4% | ||
| Q2 25 | 10.7% | 6.7% | ||
| Q1 25 | -2.3% | -15.8% | ||
| Q4 24 | 2.9% | 13.2% | ||
| Q3 24 | 4.9% | 9.9% | ||
| Q2 24 | 8.9% | 4.5% |
资本支出强度ACDCOII
| Q1 26 | — | 2.5% | ||
| Q4 25 | 8.4% | 4.6% | ||
| Q3 25 | 8.5% | 3.3% | ||
| Q2 25 | 9.3% | 4.3% | ||
| Q1 25 | 8.7% | 3.9% | ||
| Q4 24 | 13.9% | 4.7% | ||
| Q3 24 | 12.2% | 3.7% | ||
| Q2 24 | 10.7% | 3.4% |
现金转化率ACDCOII
| Q1 26 | — | — | ||
| Q4 25 | — | 1.24× | ||
| Q3 25 | — | 1.42× | ||
| Q2 25 | — | 1.42× | ||
| Q1 25 | — | -1.60× | ||
| Q4 24 | — | 2.29× | ||
| Q3 24 | — | 2.23× | ||
| Q2 24 | — | 1.50× |
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
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
OII
| Backlog at end of period | $492.0M | 71% |
| Other | $162.8M | 24% |
| ROV days available | $22.5M | 3% |
| ROV days utilized | $15.1M | 2% |
