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Affirm Holdings, Inc.（AFRM）与RANGE RESOURCES CORP（RRC）财务数据对比。点击上方公司名可切换其他公司
RANGE RESOURCES CORP的季度营收约是Affirm Holdings, Inc.的2.0倍（$786.9M vs $401.4M），Affirm Holdings, Inc.净利率更高（32.3% vs 22.8%，领先9.5%），Affirm Holdings, Inc.同比增速更快（32.5% vs 18.0%），过去两年Affirm Holdings, Inc.的营收复合增速更高（43.5% vs 14.6%）
Affirm Holdings, Inc.是美国知名金融科技企业、领先的先买后付（BNPL）服务商，由PayPal联合创始人马克斯·列夫琴于2012年创立。截至2025年，平台拥有近2600万用户，年支付处理规模达370亿美元，是美国规模最大的本土BNPL金融机构。
Range Resources Corporation是一家总部位于美国得克萨斯州沃斯堡的天然气勘探开采企业，核心运营区域为马塞勒斯页岩地层，是该地区拥有土地面积最大的运营商，专注于天然气资源的勘探、开发与生产业务，在北美油气开发领域具备深厚的行业积累。
AFRM vs RRC — 直观对比
营收规模更大
RRC
是对方的2.0倍
$401.4M
营收增速更快
AFRM
高出14.5%
18.0%
净利率更高
AFRM
高出9.5%
22.8%
两年增速更快
AFRM
近两年复合增速
14.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $401.4M | $786.9M |
| 净利润 | $129.6M | $179.1M |
| 毛利率 | — | 94.5% |
| 营业利润率 | 29.3% | — |
| 净利率 | 32.3% | 22.8% |
| 营收同比 | 32.5% | 18.0% |
| 净利润同比 | 61.3% | 88.8% |
| 每股收益（稀释后） | $0.37 | $0.75 |
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AFRMRRC
| Q4 25 | $401.4M | $786.9M | ||
| Q3 25 | $320.5M | $655.3M | ||
| Q2 25 | $306.6M | $699.6M | ||
| Q1 25 | $272.5M | $846.3M | ||
| Q4 24 | $303.0M | $667.0M | ||
| Q3 24 | $231.8M | $567.9M | ||
| Q2 24 | $224.0M | $513.2M | ||
| Q1 24 | $195.0M | $598.8M |
净利润AFRMRRC
| Q4 25 | $129.6M | $179.1M | ||
| Q3 25 | $80.7M | $144.3M | ||
| Q2 25 | $69.2M | $237.6M | ||
| Q1 25 | $2.8M | $97.1M | ||
| Q4 24 | $80.4M | $94.8M | ||
| Q3 24 | $-100.2M | $50.7M | ||
| Q2 24 | $-45.1M | $28.7M | ||
| Q1 24 | $-133.9M | $92.1M |
毛利率AFRMRRC
| Q4 25 | — | 94.5% | ||
| Q3 25 | — | 92.5% | ||
| Q2 25 | — | 95.0% | ||
| Q1 25 | — | 93.1% | ||
| Q4 24 | — | 93.7% | ||
| Q3 24 | — | 94.3% | ||
| Q2 24 | — | 93.4% | ||
| Q1 24 | — | 94.7% |
营业利润率AFRMRRC
| Q4 25 | 29.3% | — | ||
| Q3 25 | 19.9% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | -3.1% | — | ||
| Q4 24 | -1.4% | — | ||
| Q3 24 | -57.2% | — | ||
| Q2 24 | -32.8% | — | ||
| Q1 24 | -82.5% | — |
净利率AFRMRRC
| Q4 25 | 32.3% | 22.8% | ||
| Q3 25 | 25.2% | 22.0% | ||
| Q2 25 | 22.6% | 34.0% | ||
| Q1 25 | 1.0% | 11.5% | ||
| Q4 24 | 26.5% | 14.2% | ||
| Q3 24 | -43.2% | 8.9% | ||
| Q2 24 | -20.2% | 5.6% | ||
| Q1 24 | -68.7% | 15.4% |
每股收益（稀释后）AFRMRRC
| Q4 25 | $0.37 | $0.75 | ||
| Q3 25 | $0.23 | $0.60 | ||
| Q2 25 | $0.22 | $0.99 | ||
| Q1 25 | $0.01 | $0.40 | ||
| Q4 24 | $0.23 | $0.38 | ||
| Q3 24 | $-0.31 | $0.21 | ||
| Q2 24 | $-0.13 | $0.12 | ||
| Q1 24 | $-0.43 | $0.38 |
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 | $1.5B | $204.0K |
| 总债务越低越好 | $9.0B | $1.2B |
| 股东权益账面价值 | $3.5B | $4.3B |
| 总资产 | $13.0B | $7.4B |
| 负债/权益比越低杠杆越低 | 2.54× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资AFRMRRC
| Q4 25 | $1.5B | $204.0K | ||
| Q3 25 | $1.4B | $175.0K | ||
| Q2 25 | $1.4B | $134.0K | ||
| Q1 25 | $1.4B | $344.6M | ||
| Q4 24 | $1.2B | $304.5M | ||
| Q3 24 | $1.0B | $277.4M | ||
| Q2 24 | $1.0B | $251.1M | ||
| Q1 24 | $1.3B | $343.1M |
总债务AFRMRRC
| Q4 25 | $9.0B | $1.2B | ||
| Q3 25 | $7.7B | $1.2B | ||
| Q2 25 | $7.6B | $1.2B | ||
| Q1 25 | $7.1B | $1.7B | ||
| Q4 24 | $7.3B | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $1.8B | $1.7B | ||
| Q1 24 | — | $1.8B |
股东权益AFRMRRC
| Q4 25 | $3.5B | $4.3B | ||
| Q3 25 | $3.3B | $4.2B | ||
| Q2 25 | $3.1B | $4.1B | ||
| Q1 25 | $2.9B | $3.9B | ||
| Q4 24 | $2.8B | $3.9B | ||
| Q3 24 | $2.8B | $3.9B | ||
| Q2 24 | $2.7B | $3.9B | ||
| Q1 24 | $2.6B | $3.8B |
总资产AFRMRRC
| Q4 25 | $13.0B | $7.4B | ||
| Q3 25 | $11.5B | $7.2B | ||
| Q2 25 | $11.2B | $7.1B | ||
| Q1 25 | $10.4B | $7.4B | ||
| Q4 24 | $10.5B | $7.3B | ||
| Q3 24 | $10.1B | $7.2B | ||
| Q2 24 | $9.5B | $7.3B | ||
| Q1 24 | $9.2B | $7.4B |
负债/权益比AFRMRRC
| Q4 25 | 2.54× | 0.28× | ||
| Q3 25 | 2.35× | 0.29× | ||
| Q2 25 | 2.48× | 0.29× | ||
| Q1 25 | 2.49× | 0.43× | ||
| Q4 24 | 2.62× | 0.43× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | 0.67× | 0.44× | ||
| Q1 24 | — | 0.46× |
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 | $173.7M | $257.5M |
| 自由现金流经营现金流 - 资本支出 | $118.0M | — |
| 自由现金流率自由现金流/营收 | 29.4% | — |
| 资本支出强度资本支出/营收 | 13.9% | — |
| 现金转化率经营现金流/净利润 | 1.34× | 1.44× |
| 过去12个月自由现金流最近4个季度 | $619.1M | — |
8季度趋势，按日历期对齐
经营现金流AFRMRRC
| Q4 25 | $173.7M | $257.5M | ||
| Q3 25 | $374.6M | $247.5M | ||
| Q2 25 | $74.6M | $336.2M | ||
| Q1 25 | $210.4M | $330.1M | ||
| Q4 24 | $312.0M | $217.9M | ||
| Q3 24 | $196.9M | $245.9M | ||
| Q2 24 | $68.8M | $148.8M | ||
| Q1 24 | $208.2M | $331.9M |
自由现金流AFRMRRC
| Q4 25 | $118.0M | — | ||
| Q3 25 | $320.2M | — | ||
| Q2 25 | $23.5M | — | ||
| Q1 25 | $157.4M | — | ||
| Q4 24 | $268.1M | — | ||
| Q3 24 | $152.7M | — | ||
| Q2 24 | $30.5M | — | ||
| Q1 24 | $161.7M | — |
自由现金流率AFRMRRC
| Q4 25 | 29.4% | — | ||
| Q3 25 | 99.9% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 57.7% | — | ||
| Q4 24 | 88.5% | — | ||
| Q3 24 | 65.9% | — | ||
| Q2 24 | 13.6% | — | ||
| Q1 24 | 82.9% | — |
资本支出强度AFRMRRC
| Q4 25 | 13.9% | — | ||
| Q3 25 | 17.0% | — | ||
| Q2 25 | 16.7% | — | ||
| Q1 25 | 19.5% | — | ||
| Q4 24 | 14.5% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 17.1% | — | ||
| Q1 24 | 23.8% | — |
现金转化率AFRMRRC
| Q4 25 | 1.34× | 1.44× | ||
| Q3 25 | 4.64× | 1.72× | ||
| Q2 25 | 1.08× | 1.42× | ||
| Q1 25 | 75.03× | 3.40× | ||
| Q4 24 | 3.88× | 2.30× | ||
| Q3 24 | — | 4.85× | ||
| Q2 24 | — | 5.18× | ||
| Q1 24 | — | 3.60× |
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
AFRM
| Merchant Network | $328.4M | 82% |
| Virtual Card Network | $73.0M | 18% |
| Commercial Agreement Amazon | $1.9M | 0% |
RRC
| Natural Gas Natural Gas Liquids And Oil Sales | $745.5M | 95% |
| Brokered Natural Gas And Marketing | $41.3M | 5% |
