vs
Avantor, Inc.（AVTR）与越洋钻探（RIG）财务数据对比。点击上方公司名可切换其他公司
Avantor, Inc.的季度营收约是越洋钻探的1.6倍（$1.7B vs $1.0B），Avantor, Inc.净利率更高（3.1% vs 2.4%，领先0.8%），越洋钻探同比增速更快（9.6% vs -1.4%），越洋钻探自由现金流更多（$321.0M vs $117.2M），过去两年越洋钻探的营收复合增速更高（16.9% vs -0.5%）
Avantor是一家总部位于美国宾夕法尼亚州拉德诺的生物技术、化工及制药领域企业，前身为1904年成立的J.T. Baker，2010年正式更名，2019年在纽约证券交易所挂牌上市，股票代码为AVTR，为全球生命科学、医疗健康等行业客户提供核心产品与服务。
越洋钻探（Transocean Ltd.）是按营收计全球规模最大的海上钻探承包商，总部位于瑞士施泰因豪森，起源于美国，目前在加拿大、美国、挪威、英国、印度、巴西、新加坡等20个国家设有办事机构，业务覆盖全球主要海上油气开采区域。
AVTR vs RIG — 直观对比
营收规模更大
AVTR
是对方的1.6倍
$1.0B
营收增速更快
RIG
高出10.9%
-1.4%
净利率更高
AVTR
高出0.8%
2.4%
自由现金流更多
RIG
多$203.8M
$117.2M
两年增速更快
RIG
近两年复合增速
-0.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.0B |
| 净利润 | $52.4M | $25.0M |
| 毛利率 | 31.5% | 42.0% |
| 营业利润率 | 7.6% | 23.0% |
| 净利率 | 3.1% | 2.4% |
| 营收同比 | -1.4% | 9.6% |
| 净利润同比 | -89.5% | 257.1% |
| 每股收益（稀释后） | $0.08 | $0.13 |
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AVTRRIG
| Q4 25 | $1.7B | $1.0B | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.7B | $988.0M | ||
| Q1 25 | $1.6B | $906.0M | ||
| Q4 24 | $1.7B | $952.0M | ||
| Q3 24 | $1.7B | $948.0M | ||
| Q2 24 | $1.7B | $861.0M | ||
| Q1 24 | $1.7B | $763.0M |
净利润AVTRRIG
| Q4 25 | $52.4M | $25.0M | ||
| Q3 25 | $-711.8M | $-1.9B | ||
| Q2 25 | $64.7M | $-938.0M | ||
| Q1 25 | $64.5M | $-79.0M | ||
| Q4 24 | $500.4M | $7.0M | ||
| Q3 24 | $57.8M | $-494.0M | ||
| Q2 24 | $92.9M | $-123.0M | ||
| Q1 24 | $60.4M | $98.0M |
毛利率AVTRRIG
| Q4 25 | 31.5% | 42.0% | ||
| Q3 25 | 32.4% | 43.2% | ||
| Q2 25 | 32.9% | 39.4% | ||
| Q1 25 | 33.8% | 31.8% | ||
| Q4 24 | 33.4% | 39.2% | ||
| Q3 24 | 32.9% | 40.6% | ||
| Q2 24 | 34.1% | 38.0% | ||
| Q1 24 | 34.0% | 31.5% |
营业利润率AVTRRIG
| Q4 25 | 7.6% | 23.0% | ||
| Q3 25 | -40.0% | -163.1% | ||
| Q2 25 | 7.7% | -97.6% | ||
| Q1 25 | 9.3% | 7.1% | ||
| Q4 24 | 37.8% | 13.7% | ||
| Q3 24 | 7.3% | -51.2% | ||
| Q2 24 | 10.3% | -6.9% | ||
| Q1 24 | 8.7% | -0.4% |
净利率AVTRRIG
| Q4 25 | 3.1% | 2.4% | ||
| Q3 25 | -43.8% | -187.1% | ||
| Q2 25 | 3.8% | -94.9% | ||
| Q1 25 | 4.1% | -8.7% | ||
| Q4 24 | 29.7% | 0.7% | ||
| Q3 24 | 3.4% | -52.1% | ||
| Q2 24 | 5.5% | -14.3% | ||
| Q1 24 | 3.6% | 12.8% |
每股收益（稀释后）AVTRRIG
| Q4 25 | $0.08 | $0.13 | ||
| Q3 25 | $-1.04 | $-2.00 | ||
| Q2 25 | $0.09 | $-1.06 | ||
| Q1 25 | $0.09 | $-0.11 | ||
| Q4 24 | $0.73 | $-0.14 | ||
| Q3 24 | $0.08 | $-0.58 | ||
| Q2 24 | $0.14 | $-0.15 | ||
| Q1 24 | $0.09 | $0.11 |
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 | $365.4M | $620.0M |
| 总债务越低越好 | $3.9B | $5.2B |
| 股东权益账面价值 | $5.6B | $8.1B |
| 总资产 | $11.8B | $15.6B |
| 负债/权益比越低杠杆越低 | 0.71× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资AVTRRIG
| Q4 25 | $365.4M | $620.0M | ||
| Q3 25 | $251.9M | $833.0M | ||
| Q2 25 | $449.4M | $377.0M | ||
| Q1 25 | $315.7M | $263.0M | ||
| Q4 24 | $261.9M | $560.0M | ||
| Q3 24 | $285.3M | $435.0M | ||
| Q2 24 | $272.6M | $475.0M | ||
| Q1 24 | $234.9M | $446.0M |
总债务AVTRRIG
| Q4 25 | $3.9B | $5.2B | ||
| Q3 25 | $3.9B | $4.8B | ||
| Q2 25 | $4.2B | $5.9B | ||
| Q1 25 | $4.1B | $5.9B | ||
| Q4 24 | $4.1B | $6.2B | ||
| Q3 24 | $4.9B | $6.5B | ||
| Q2 24 | $5.1B | $6.8B | ||
| Q1 24 | $5.3B | $6.8B |
股东权益AVTRRIG
| Q4 25 | $5.6B | $8.1B | ||
| Q3 25 | $5.6B | $8.1B | ||
| Q2 25 | $6.3B | $9.4B | ||
| Q1 25 | $6.1B | $10.2B | ||
| Q4 24 | $6.0B | $10.3B | ||
| Q3 24 | $5.6B | $10.2B | ||
| Q2 24 | $5.4B | $10.7B | ||
| Q1 24 | $5.3B | $10.5B |
总资产AVTRRIG
| Q4 25 | $11.8B | $15.6B | ||
| Q3 25 | $11.7B | $16.2B | ||
| Q2 25 | $12.8B | $17.8B | ||
| Q1 25 | $12.3B | $19.0B | ||
| Q4 24 | $12.1B | $19.4B | ||
| Q3 24 | $12.8B | $19.5B | ||
| Q2 24 | $12.7B | $20.3B | ||
| Q1 24 | $12.8B | $19.9B |
负债/权益比AVTRRIG
| Q4 25 | 0.71× | 0.64× | ||
| Q3 25 | 0.69× | 0.60× | ||
| Q2 25 | 0.67× | 0.63× | ||
| Q1 25 | 0.67× | 0.58× | ||
| Q4 24 | 0.68× | 0.60× | ||
| Q3 24 | 0.89× | 0.64× | ||
| Q2 24 | 0.94× | 0.63× | ||
| Q1 24 | 1.00× | 0.65× |
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 | $152.7M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $117.2M | $321.0M |
| 自由现金流率自由现金流/营收 | 7.0% | 30.8% |
| 资本支出强度资本支出/营收 | 2.1% | 2.7% |
| 现金转化率经营现金流/净利润 | 2.91× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $495.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流AVTRRIG
| Q4 25 | $152.7M | $349.0M | ||
| Q3 25 | $207.4M | $246.0M | ||
| Q2 25 | $154.4M | $128.0M | ||
| Q1 25 | $109.3M | $26.0M | ||
| Q4 24 | $173.3M | $206.0M | ||
| Q3 24 | $244.8M | $194.0M | ||
| Q2 24 | $281.1M | $133.0M | ||
| Q1 24 | $141.6M | $-86.0M |
自由现金流AVTRRIG
| Q4 25 | $117.2M | $321.0M | ||
| Q3 25 | $171.7M | $235.0M | ||
| Q2 25 | $124.8M | $104.0M | ||
| Q1 25 | $81.3M | $-34.0M | ||
| Q4 24 | $145.8M | $177.0M | ||
| Q3 24 | $204.0M | $136.0M | ||
| Q2 24 | $235.3M | $49.0M | ||
| Q1 24 | $106.9M | $-169.0M |
自由现金流率AVTRRIG
| Q4 25 | 7.0% | 30.8% | ||
| Q3 25 | 10.6% | 22.9% | ||
| Q2 25 | 7.4% | 10.5% | ||
| Q1 25 | 5.1% | -3.8% | ||
| Q4 24 | 8.6% | 18.6% | ||
| Q3 24 | 11.9% | 14.3% | ||
| Q2 24 | 13.8% | 5.7% | ||
| Q1 24 | 6.4% | -22.1% |
资本支出强度AVTRRIG
| Q4 25 | 2.1% | 2.7% | ||
| Q3 25 | 2.2% | 1.1% | ||
| Q2 25 | 1.8% | 2.4% | ||
| Q1 25 | 1.8% | 6.6% | ||
| Q4 24 | 1.6% | 3.0% | ||
| Q3 24 | 2.4% | 6.1% | ||
| Q2 24 | 2.7% | 9.8% | ||
| Q1 24 | 2.1% | 10.9% |
现金转化率AVTRRIG
| Q4 25 | 2.91× | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.39× | — | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 0.35× | 29.43× | ||
| Q3 24 | 4.24× | — | ||
| Q2 24 | 3.03× | — | ||
| Q1 24 | 2.34× | -0.88× |
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
AVTR
| Laboratory Solutions Segment | $1.1B | 67% |
| Bioscience Production Segment | $547.5M | 33% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
