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Bath & Body Works, Inc.（BBWI）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
Bath & Body Works, Inc.的季度营收约是越洋钻探的1.5倍（$1.6B vs $1.0B），Bath & Body Works, Inc.净利率更高（4.8% vs 2.4%，领先2.4%），越洋钻探同比增速更快（9.6% vs -1.0%），越洋钻探自由现金流更多（$321.0M vs $-1.0M），过去两年越洋钻探的营收复合增速更高（16.9% vs -26.0%）
Bath & Body Works, Inc.是总部位于美国俄亥俄州哥伦布市的特色零售企业，旗下拥有同名身体护理及家居香氛零售品牌Bath & Body Works，2023年营收达74亿美元，在2024年《财富》美国500强榜单中位列第481位。
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。
BBWI vs RIG — 直观对比
营收规模更大
BBWI
是对方的1.5倍
$1.0B
营收增速更快
RIG
高出10.6%
-1.0%
净利率更高
BBWI
高出2.4%
2.4%
自由现金流更多
RIG
多$322.0M
$-1.0M
两年增速更快
RIG
近两年复合增速
-26.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.0B |
| 净利润 | $77.0M | $25.0M |
| 毛利率 | 41.3% | 42.0% |
| 营业利润率 | 10.1% | 23.0% |
| 净利率 | 4.8% | 2.4% |
| 营收同比 | -1.0% | 9.6% |
| 净利润同比 | -27.4% | 257.1% |
| 每股收益（稀释后） | $0.37 | $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BBWIRIG
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.5B | $1.0B | ||
| Q2 25 | $1.4B | $988.0M | ||
| Q1 25 | $2.8B | $906.0M | ||
| Q4 24 | $1.6B | $952.0M | ||
| Q3 24 | $1.5B | $948.0M | ||
| Q2 24 | $1.4B | $861.0M | ||
| Q1 24 | $2.9B | $763.0M |
净利润BBWIRIG
| Q4 25 | $77.0M | $25.0M | ||
| Q3 25 | $64.0M | $-1.9B | ||
| Q2 25 | $105.0M | $-938.0M | ||
| Q1 25 | $453.0M | $-79.0M | ||
| Q4 24 | $106.0M | $7.0M | ||
| Q3 24 | $152.0M | $-494.0M | ||
| Q2 24 | $87.0M | $-123.0M | ||
| Q1 24 | $579.0M | $98.0M |
毛利率BBWIRIG
| Q4 25 | 41.3% | 42.0% | ||
| Q3 25 | 41.3% | 43.2% | ||
| Q2 25 | 45.4% | 39.4% | ||
| Q1 25 | 46.7% | 31.8% | ||
| Q4 24 | 43.5% | 39.2% | ||
| Q3 24 | 41.0% | 40.6% | ||
| Q2 24 | 43.8% | 38.0% | ||
| Q1 24 | 45.9% | 31.5% |
营业利润率BBWIRIG
| Q4 25 | 10.1% | 23.0% | ||
| Q3 25 | 10.1% | -163.1% | ||
| Q2 25 | 14.7% | -97.6% | ||
| Q1 25 | 24.3% | 7.1% | ||
| Q4 24 | 13.5% | 13.7% | ||
| Q3 24 | 12.0% | -51.2% | ||
| Q2 24 | 13.5% | -6.9% | ||
| Q1 24 | 23.9% | -0.4% |
净利率BBWIRIG
| Q4 25 | 4.8% | 2.4% | ||
| Q3 25 | 4.1% | -187.1% | ||
| Q2 25 | 7.4% | -94.9% | ||
| Q1 25 | 16.3% | -8.7% | ||
| Q4 24 | 6.6% | 0.7% | ||
| Q3 24 | 10.0% | -52.1% | ||
| Q2 24 | 6.3% | -14.3% | ||
| Q1 24 | 19.9% | 12.8% |
每股收益（稀释后）BBWIRIG
| Q4 25 | $0.37 | $0.13 | ||
| Q3 25 | $0.30 | $-2.00 | ||
| Q2 25 | $0.49 | $-1.06 | ||
| Q1 25 | $2.06 | $-0.11 | ||
| Q4 24 | $0.49 | $-0.14 | ||
| Q3 24 | $0.68 | $-0.58 | ||
| Q2 24 | $0.38 | $-0.15 | ||
| Q1 24 | $2.54 | $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 | $236.0M | $620.0M |
| 总债务越低越好 | $3.9B | $5.2B |
| 股东权益账面价值 | $-1.6B | $8.1B |
| 总资产 | $5.0B | $15.6B |
| 负债/权益比越低杠杆越低 | — | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资BBWIRIG
| Q4 25 | $236.0M | $620.0M | ||
| Q3 25 | $364.0M | $833.0M | ||
| Q2 25 | $636.0M | $377.0M | ||
| Q1 25 | $674.0M | $263.0M | ||
| Q4 24 | $191.0M | $560.0M | ||
| Q3 24 | $514.0M | $435.0M | ||
| Q2 24 | $855.0M | $475.0M | ||
| Q1 24 | $1.1B | $446.0M |
总债务BBWIRIG
| Q4 25 | $3.9B | $5.2B | ||
| Q3 25 | $3.9B | $4.8B | ||
| Q2 25 | $3.9B | $5.9B | ||
| Q1 25 | $3.9B | $5.9B | ||
| Q4 24 | $4.2B | $6.2B | ||
| Q3 24 | $4.2B | $6.5B | ||
| Q2 24 | $4.3B | $6.8B | ||
| Q1 24 | $4.4B | $6.8B |
股东权益BBWIRIG
| Q4 25 | $-1.6B | $8.1B | ||
| Q3 25 | $-1.5B | $8.1B | ||
| Q2 25 | $-1.5B | $9.4B | ||
| Q1 25 | $-1.4B | $10.2B | ||
| Q4 24 | $-1.7B | $10.3B | ||
| Q3 24 | $-1.7B | $10.2B | ||
| Q2 24 | $-1.7B | $10.7B | ||
| Q1 24 | $-1.6B | $10.5B |
总资产BBWIRIG
| Q4 25 | $5.0B | $15.6B | ||
| Q3 25 | $4.8B | $16.2B | ||
| Q2 25 | $4.9B | $17.8B | ||
| Q1 25 | $4.9B | $19.0B | ||
| Q4 24 | $5.0B | $19.4B | ||
| Q3 24 | $4.9B | $19.5B | ||
| Q2 24 | $5.2B | $20.3B | ||
| Q1 24 | $5.5B | $19.9B |
负债/权益比BBWIRIG
| Q4 25 | — | 0.64× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.63× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.63× | ||
| Q1 24 | — | 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 | $80.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $321.0M |
| 自由现金流率自由现金流/营收 | -0.1% | 30.8% |
| 资本支出强度资本支出/营收 | 5.1% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.04× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $946.0M | $626.0M |
8季度趋势，按日历期对齐
经营现金流BBWIRIG
| Q4 25 | $80.0M | $349.0M | ||
| Q3 25 | $-43.0M | $246.0M | ||
| Q2 25 | $188.0M | $128.0M | ||
| Q1 25 | $955.0M | $26.0M | ||
| Q4 24 | $-99.0M | $206.0M | ||
| Q3 24 | $-46.0M | $194.0M | ||
| Q2 24 | $76.0M | $133.0M | ||
| Q1 24 | $926.0M | $-86.0M |
自由现金流BBWIRIG
| Q4 25 | $-1.0M | $321.0M | ||
| Q3 25 | $-99.0M | $235.0M | ||
| Q2 25 | $151.0M | $104.0M | ||
| Q1 25 | $895.0M | $-34.0M | ||
| Q4 24 | $-164.0M | $177.0M | ||
| Q3 24 | $-101.0M | $136.0M | ||
| Q2 24 | $30.0M | $49.0M | ||
| Q1 24 | $878.0M | $-169.0M |
自由现金流率BBWIRIG
| Q4 25 | -0.1% | 30.8% | ||
| Q3 25 | -6.4% | 22.9% | ||
| Q2 25 | 10.6% | 10.5% | ||
| Q1 25 | 32.1% | -3.8% | ||
| Q4 24 | -10.2% | 18.6% | ||
| Q3 24 | -6.6% | 14.3% | ||
| Q2 24 | 2.2% | 5.7% | ||
| Q1 24 | 30.2% | -22.1% |
资本支出强度BBWIRIG
| Q4 25 | 5.1% | 2.7% | ||
| Q3 25 | 3.6% | 1.1% | ||
| Q2 25 | 2.6% | 2.4% | ||
| Q1 25 | 2.2% | 6.6% | ||
| Q4 24 | 4.0% | 3.0% | ||
| Q3 24 | 3.6% | 6.1% | ||
| Q2 24 | 3.3% | 9.8% | ||
| Q1 24 | 1.6% | 10.9% |
现金转化率BBWIRIG
| Q4 25 | 1.04× | 13.96× | ||
| Q3 25 | -0.67× | — | ||
| Q2 25 | 1.79× | — | ||
| Q1 25 | 2.11× | — | ||
| Q4 24 | -0.93× | 29.43× | ||
| Q3 24 | -0.30× | — | ||
| Q2 24 | 0.87× | — | ||
| Q1 24 | 1.60× | -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
BBWI
| Bath Body Works Stores | $1.2B | 77% |
| Bath Body Works Direct | $299.0M | 19% |
| Bath Body Works International | $73.0M | 5% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
