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Array Technologies, Inc.（ARRY）与Ranger Energy Services, Inc.（RNGR）财务数据对比。点击上方公司名可切换其他公司
Array Technologies, Inc.的季度营收约是Ranger Energy Services, Inc.的1.6倍（$226.0M vs $142.2M），Ranger Energy Services, Inc.同比增速更快（-0.6% vs -17.9%），Array Technologies, Inc.自由现金流更多（$36.2M vs $17.1M），过去两年Array Technologies, Inc.的营收复合增速更高（21.4% vs 1.9%）
ATI科技是原加拿大半导体科技企业，总部位于安大略省万锦市，专注于图形处理器与芯片组的研发，1985年成立，1993年公开上市，2006年被AMD收购。作为全球知名的无晶圆厂半导体厂商，其掌握自研核心技术，生产组装环节采用外包模式。2000年3dfx破产后，ATI成为全球图形芯片领域的核心厂商之一。
Ranger Energy Services是北美领先的陆上油田服务提供商，为上游油气运营商提供完井、修井、钻机作业及产能优化等全套解决方案，业务主要覆盖美国本土的页岩和致密资源开采作业区。
ARRY vs RNGR — 直观对比
营收规模更大
ARRY
是对方的1.6倍
$142.2M
营收增速更快
RNGR
高出17.2%
-17.9%
自由现金流更多
ARRY
多$19.1M
$17.1M
两年增速更快
ARRY
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $226.0M | $142.2M |
| 净利润 | — | $3.2M |
| 毛利率 | 8.6% | — |
| 营业利润率 | -65.5% | 2.3% |
| 净利率 | — | 2.3% |
| 营收同比 | -17.9% | -0.6% |
| 净利润同比 | — | -44.8% |
| 每股收益（稀释后） | $-1.06 | $0.14 |
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ARRYRNGR
| Q4 25 | $226.0M | $142.2M | ||
| Q3 25 | $393.5M | $128.9M | ||
| Q2 25 | $362.2M | $140.6M | ||
| Q1 25 | $302.4M | $135.2M | ||
| Q4 24 | $275.2M | $143.1M | ||
| Q3 24 | $231.4M | $153.0M | ||
| Q2 24 | $255.8M | $138.1M | ||
| Q1 24 | $153.4M | $136.9M |
净利润ARRYRNGR
| Q4 25 | — | $3.2M | ||
| Q3 25 | $33.5M | $1.2M | ||
| Q2 25 | $43.3M | $7.3M | ||
| Q1 25 | $16.7M | $600.0K | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $-141.4M | $8.7M | ||
| Q2 24 | $25.7M | $4.7M | ||
| Q1 24 | $2.2M | $-800.0K |
毛利率ARRYRNGR
| Q4 25 | 8.6% | — | ||
| Q3 25 | 26.9% | — | ||
| Q2 25 | 26.8% | — | ||
| Q1 25 | 25.3% | — | ||
| Q4 24 | 28.5% | — | ||
| Q3 24 | 33.8% | — | ||
| Q2 24 | 33.6% | — | ||
| Q1 24 | 35.9% | — |
营业利润率ARRYRNGR
| Q4 25 | -65.5% | 2.3% | ||
| Q3 25 | 11.6% | 2.0% | ||
| Q2 25 | 12.8% | 6.1% | ||
| Q1 25 | 9.0% | 0.7% | ||
| Q4 24 | -51.7% | 6.2% | ||
| Q3 24 | -57.3% | 8.4% | ||
| Q2 24 | 15.5% | 5.3% | ||
| Q1 24 | 5.5% | -0.4% |
净利率ARRYRNGR
| Q4 25 | — | 2.3% | ||
| Q3 25 | 8.5% | 0.9% | ||
| Q2 25 | 11.9% | 5.2% | ||
| Q1 25 | 5.5% | 0.4% | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | -61.1% | 5.7% | ||
| Q2 24 | 10.0% | 3.4% | ||
| Q1 24 | 1.4% | -0.6% |
每股收益（稀释后）ARRYRNGR
| Q4 25 | $-1.06 | $0.14 | ||
| Q3 25 | $0.12 | $0.05 | ||
| Q2 25 | $0.19 | $0.32 | ||
| Q1 25 | $0.02 | $0.03 | ||
| Q4 24 | $-0.94 | $0.24 | ||
| Q3 24 | $-1.02 | $0.39 | ||
| Q2 24 | $0.08 | $0.21 | ||
| Q1 24 | $-0.07 | $-0.03 |
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 | $244.4M | $10.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-206.3M | $300.1M |
| 总资产 | $1.5B | $419.3M |
| 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ARRYRNGR
| Q4 25 | $244.4M | $10.3M | ||
| Q3 25 | $221.5M | $45.2M | ||
| Q2 25 | $377.3M | $48.9M | ||
| Q1 25 | $348.3M | $40.3M | ||
| Q4 24 | $363.0M | $40.9M | ||
| Q3 24 | $332.4M | $14.8M | ||
| Q2 24 | $282.3M | $8.7M | ||
| Q1 24 | $287.6M | $11.1M |
总债务ARRYRNGR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 | ||
| Q1 24 | — | $0 |
股东权益ARRYRNGR
| Q4 25 | $-206.3M | $300.1M | ||
| Q3 25 | $-46.7M | $270.0M | ||
| Q2 25 | $-70.9M | $276.9M | ||
| Q1 25 | $-97.8M | $272.6M | ||
| Q4 24 | $-118.1M | $273.8M | ||
| Q3 24 | $64.5M | $267.6M | ||
| Q2 24 | $200.0M | $260.5M | ||
| Q1 24 | $231.2M | $261.7M |
总资产ARRYRNGR
| Q4 25 | $1.5B | $419.3M | ||
| Q3 25 | $1.6B | $372.8M | ||
| Q2 25 | $1.5B | $381.7M | ||
| Q1 25 | $1.4B | $376.5M | ||
| Q4 24 | $1.4B | $381.6M | ||
| Q3 24 | $1.6B | $373.9M | ||
| Q2 24 | $1.7B | $359.6M | ||
| Q1 24 | $1.6B | $355.5M |
负债/权益比ARRYRNGR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 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 | $43.6M | $24.1M |
| 自由现金流经营现金流 - 资本支出 | $36.2M | $17.1M |
| 自由现金流率自由现金流/营收 | 16.0% | 12.0% |
| 资本支出强度资本支出/营收 | 3.3% | 4.9% |
| 现金转化率经营现金流/净利润 | — | 7.53× |
| 过去12个月自由现金流最近4个季度 | $79.8M | $42.9M |
8季度趋势，按日历期对齐
经营现金流ARRYRNGR
| Q4 25 | $43.6M | $24.1M | ||
| Q3 25 | $27.4M | $13.6M | ||
| Q2 25 | $43.8M | $20.7M | ||
| Q1 25 | $-13.1M | $10.6M | ||
| Q4 24 | $57.6M | $32.7M | ||
| Q3 24 | $44.9M | $17.7M | ||
| Q2 24 | $4.0M | $22.1M | ||
| Q1 24 | $47.5M | $12.0M |
自由现金流ARRYRNGR
| Q4 25 | $36.2M | $17.1M | ||
| Q3 25 | $21.9M | $8.0M | ||
| Q2 25 | $37.2M | $14.4M | ||
| Q1 25 | $-15.4M | $3.4M | ||
| Q4 24 | $55.9M | $27.3M | ||
| Q3 24 | $43.9M | $10.8M | ||
| Q2 24 | $1.8M | $6.8M | ||
| Q1 24 | $45.1M | $5.5M |
自由现金流率ARRYRNGR
| Q4 25 | 16.0% | 12.0% | ||
| Q3 25 | 5.6% | 6.2% | ||
| Q2 25 | 10.3% | 10.2% | ||
| Q1 25 | -5.1% | 2.5% | ||
| Q4 24 | 20.3% | 19.1% | ||
| Q3 24 | 19.0% | 7.1% | ||
| Q2 24 | 0.7% | 4.9% | ||
| Q1 24 | 29.4% | 4.0% |
资本支出强度ARRYRNGR
| Q4 25 | 3.3% | 4.9% | ||
| Q3 25 | 1.4% | 4.3% | ||
| Q2 25 | 1.8% | 4.5% | ||
| Q1 25 | 0.8% | 5.3% | ||
| Q4 24 | 0.6% | 3.8% | ||
| Q3 24 | 0.5% | 4.5% | ||
| Q2 24 | 0.8% | 11.1% | ||
| Q1 24 | 1.6% | 4.7% |
现金转化率ARRYRNGR
| Q4 25 | — | 7.53× | ||
| Q3 25 | 0.82× | 11.33× | ||
| Q2 25 | 1.01× | 2.84× | ||
| Q1 25 | -0.78× | 17.67× | ||
| Q4 24 | — | 5.64× | ||
| Q3 24 | — | 2.03× | ||
| Q2 24 | 0.15× | 4.70× | ||
| Q1 24 | 21.94× | — |
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
ARRY
| Array Legacy Operations Segment | $212.0M | 94% |
| STI Operations Segment | $14.0M | 6% |
RNGR
| High Specification Rigs | $92.3M | 65% |
| Processing Solutions And Ancillary Services | $37.5M | 26% |
| Wireline Services | $12.4M | 9% |
