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CULLEN/FROST BANKERS, INC.（CFR）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
越洋钻探的季度营收约是CULLEN/FROST BANKERS, INC.的1.8倍（$1.0B vs $580.9M），CULLEN/FROST BANKERS, INC.净利率更高（28.6% vs 2.4%，领先26.2%），越洋钻探同比增速更快（9.6% vs 8.3%），越洋钻探自由现金流更多（$321.0M vs $127.3M），过去两年越洋钻探的营收复合增速更高（16.9% vs 7.6%）
Frost Bank是总部位于美国圣安东尼奥的德克萨斯州特许银行，为银行控股公司卡伦/弗罗斯特银行家集团的核心子公司。其在得克萨斯州共设有200家营业网点、1750台自动柜员机，按总资产规模统计位列全美前60大银行之列。
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。
CFR vs RIG — 直观对比
营收规模更大
RIG
是对方的1.8倍
$580.9M
营收增速更快
RIG
高出1.3%
8.3%
净利率更高
CFR
高出26.2%
2.4%
自由现金流更多
RIG
多$193.7M
$127.3M
两年增速更快
RIG
近两年复合增速
7.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $580.9M | $1.0B |
| 净利润 | $166.3M | $25.0M |
| 毛利率 | — | 42.0% |
| 营业利润率 | 34.1% | 23.0% |
| 净利率 | 28.6% | 2.4% |
| 营收同比 | 8.3% | 9.6% |
| 净利润同比 | 7.4% | 257.1% |
| 每股收益（稀释后） | $2.56 | $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CFRRIG
| Q4 25 | $580.9M | $1.0B | ||
| Q3 25 | $567.3M | $1.0B | ||
| Q2 25 | $546.9M | $988.0M | ||
| Q1 25 | $540.2M | $906.0M | ||
| Q4 24 | $536.3M | $952.0M | ||
| Q3 24 | $518.0M | $948.0M | ||
| Q2 24 | $507.9M | $861.0M | ||
| Q1 24 | $501.4M | $763.0M |
净利润CFRRIG
| Q4 25 | $166.3M | $25.0M | ||
| Q3 25 | $174.4M | $-1.9B | ||
| Q2 25 | $157.0M | $-938.0M | ||
| Q1 25 | $150.9M | $-79.0M | ||
| Q4 24 | $154.9M | $7.0M | ||
| Q3 24 | $146.5M | $-494.0M | ||
| Q2 24 | $145.5M | $-123.0M | ||
| Q1 24 | $135.7M | $98.0M |
毛利率CFRRIG
| Q4 25 | — | 42.0% | ||
| Q3 25 | — | 43.2% | ||
| Q2 25 | — | 39.4% | ||
| Q1 25 | — | 31.8% | ||
| Q4 24 | — | 39.2% | ||
| Q3 24 | — | 40.6% | ||
| Q2 24 | — | 38.0% | ||
| Q1 24 | — | 31.5% |
营业利润率CFRRIG
| Q4 25 | 34.1% | 23.0% | ||
| Q3 25 | 36.7% | -163.1% | ||
| Q2 25 | 34.1% | -97.6% | ||
| Q1 25 | 33.2% | 7.1% | ||
| Q4 24 | 34.3% | 13.7% | ||
| Q3 24 | 33.8% | -51.2% | ||
| Q2 24 | 34.5% | -6.9% | ||
| Q1 24 | 32.2% | -0.4% |
净利率CFRRIG
| Q4 25 | 28.6% | 2.4% | ||
| Q3 25 | 30.7% | -187.1% | ||
| Q2 25 | 28.7% | -94.9% | ||
| Q1 25 | 27.9% | -8.7% | ||
| Q4 24 | 28.9% | 0.7% | ||
| Q3 24 | 28.3% | -52.1% | ||
| Q2 24 | 28.6% | -14.3% | ||
| Q1 24 | 27.1% | 12.8% |
每股收益（稀释后）CFRRIG
| Q4 25 | $2.56 | $0.13 | ||
| Q3 25 | $2.67 | $-2.00 | ||
| Q2 25 | $2.39 | $-1.06 | ||
| Q1 25 | $2.30 | $-0.11 | ||
| Q4 24 | $2.36 | $-0.14 | ||
| Q3 24 | $2.24 | $-0.58 | ||
| Q2 24 | $2.21 | $-0.15 | ||
| Q1 24 | $2.06 | $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 | — | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $4.6B | $8.1B |
| 总资产 | $53.0B | $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CFRRIG
| Q4 25 | — | $620.0M | ||
| Q3 25 | — | $833.0M | ||
| Q2 25 | — | $377.0M | ||
| Q1 25 | — | $263.0M | ||
| Q4 24 | — | $560.0M | ||
| Q3 24 | — | $435.0M | ||
| Q2 24 | — | $475.0M | ||
| Q1 24 | — | $446.0M |
总债务CFRRIG
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $5.9B | ||
| Q1 25 | — | $5.9B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.5B | ||
| Q2 24 | — | $6.8B | ||
| Q1 24 | — | $6.8B |
股东权益CFRRIG
| Q4 25 | $4.6B | $8.1B | ||
| Q3 25 | $4.5B | $8.1B | ||
| Q2 25 | $4.2B | $9.4B | ||
| Q1 25 | $4.1B | $10.2B | ||
| Q4 24 | $3.9B | $10.3B | ||
| Q3 24 | $4.1B | $10.2B | ||
| Q2 24 | $3.7B | $10.7B | ||
| Q1 24 | $3.6B | $10.5B |
总资产CFRRIG
| Q4 25 | $53.0B | $15.6B | ||
| Q3 25 | $52.5B | $16.2B | ||
| Q2 25 | $51.4B | $17.8B | ||
| Q1 25 | $52.0B | $19.0B | ||
| Q4 24 | $52.5B | $19.4B | ||
| Q3 24 | $51.0B | $19.5B | ||
| Q2 24 | $48.8B | $20.3B | ||
| Q1 24 | $49.5B | $19.9B |
负债/权益比CFRRIG
| 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 | $274.0M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $127.3M | $321.0M |
| 自由现金流率自由现金流/营收 | 21.9% | 30.8% |
| 资本支出强度资本支出/营收 | 25.2% | 2.7% |
| 现金转化率经营现金流/净利润 | 1.65× | 13.96× |
| 过去12个月自由现金流最近4个季度 | $116.4M | $626.0M |
8季度趋势，按日历期对齐
经营现金流CFRRIG
| Q4 25 | $274.0M | $349.0M | ||
| Q3 25 | $248.6M | $246.0M | ||
| Q2 25 | $140.8M | $128.0M | ||
| Q1 25 | $-296.1M | $26.0M | ||
| Q4 24 | $989.5M | $206.0M | ||
| Q3 24 | $307.2M | $194.0M | ||
| Q2 24 | $129.6M | $133.0M | ||
| Q1 24 | $488.4M | $-86.0M |
自由现金流CFRRIG
| Q4 25 | $127.3M | $321.0M | ||
| Q3 25 | $211.7M | $235.0M | ||
| Q2 25 | $114.5M | $104.0M | ||
| Q1 25 | $-337.1M | $-34.0M | ||
| Q4 24 | $861.8M | $177.0M | ||
| Q3 24 | $281.9M | $136.0M | ||
| Q2 24 | $103.0M | $49.0M | ||
| Q1 24 | $450.3M | $-169.0M |
自由现金流率CFRRIG
| Q4 25 | 21.9% | 30.8% | ||
| Q3 25 | 37.3% | 22.9% | ||
| Q2 25 | 20.9% | 10.5% | ||
| Q1 25 | -62.4% | -3.8% | ||
| Q4 24 | 160.7% | 18.6% | ||
| Q3 24 | 54.4% | 14.3% | ||
| Q2 24 | 20.3% | 5.7% | ||
| Q1 24 | 89.8% | -22.1% |
资本支出强度CFRRIG
| Q4 25 | 25.2% | 2.7% | ||
| Q3 25 | 6.5% | 1.1% | ||
| Q2 25 | 4.8% | 2.4% | ||
| Q1 25 | 7.6% | 6.6% | ||
| Q4 24 | 23.8% | 3.0% | ||
| Q3 24 | 4.9% | 6.1% | ||
| Q2 24 | 5.2% | 9.8% | ||
| Q1 24 | 7.6% | 10.9% |
现金转化率CFRRIG
| Q4 25 | 1.65× | 13.96× | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | -1.96× | — | ||
| Q4 24 | 6.39× | 29.43× | ||
| Q3 24 | 2.10× | — | ||
| Q2 24 | 0.89× | — | ||
| Q1 24 | 3.60× | -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
CFR
暂无分部数据
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
