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AMERICOLD REALTY TRUST（COLD）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AMERICOLD REALTY TRUST的1.6倍（$1.0B vs $643.1M），越洋钻探净利率更高（2.4% vs -13.7%，领先16.1%），越洋钻探同比增速更快（9.6% vs -0.7%），越洋钻探自由现金流更多（$321.0M vs $-12.2M），过去两年越洋钻探的营收复合增速更高（16.9% vs -0.6%）
Americold Realty Trust是总部位于美国佐治亚州亚特兰大的温控仓储及运输企业，主营现代化商用温控仓储业务，通过冷链体系存储易腐货物，是食品保鲜供应链的重要参与方，为全球第二大温控仓储及配送服务提供商。
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。
COLD vs RIG — 直观对比
营收规模更大
RIG
是对方的1.6倍
$643.1M
营收增速更快
RIG
高出10.2%
-0.7%
净利率更高
RIG
高出16.1%
-13.7%
自由现金流更多
RIG
多$333.2M
$-12.2M
两年增速更快
RIG
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $643.1M | $1.0B |
| 净利润 | $-88.3M | $25.0M |
| 毛利率 | 31.3% | 42.0% |
| 营业利润率 | -10.8% | 23.0% |
| 净利率 | -13.7% | 2.4% |
| 营收同比 | -0.7% | 9.6% |
| 净利润同比 | -143.9% | 257.1% |
| 每股收益（稀释后） | $-0.31 | $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COLDRIG
| Q4 25 | $643.1M | $1.0B | ||
| Q3 25 | $649.0M | $1.0B | ||
| Q2 25 | $635.1M | $988.0M | ||
| Q1 25 | $613.7M | $906.0M | ||
| Q4 24 | $647.4M | $952.0M | ||
| Q3 24 | $660.4M | $948.0M | ||
| Q2 24 | $645.6M | $861.0M | ||
| Q1 24 | $651.4M | $763.0M |
净利润COLDRIG
| Q4 25 | $-88.3M | $25.0M | ||
| Q3 25 | $-11.4M | $-1.9B | ||
| Q2 25 | $1.5M | $-938.0M | ||
| Q1 25 | $-16.4M | $-79.0M | ||
| Q4 24 | $-36.2M | $7.0M | ||
| Q3 24 | $-3.7M | $-494.0M | ||
| Q2 24 | $-64.1M | $-123.0M | ||
| Q1 24 | $9.7M | $98.0M |
毛利率COLDRIG
| Q4 25 | 31.3% | 42.0% | ||
| Q3 25 | 29.3% | 43.2% | ||
| Q2 25 | 30.9% | 39.4% | ||
| Q1 25 | 31.1% | 31.8% | ||
| Q4 24 | 29.7% | 39.2% | ||
| Q3 24 | 29.6% | 40.6% | ||
| Q2 24 | 31.0% | 38.0% | ||
| Q1 24 | 30.3% | 31.5% |
营业利润率COLDRIG
| Q4 25 | -10.8% | 23.0% | ||
| Q3 25 | 2.6% | -163.1% | ||
| Q2 25 | 5.9% | -97.6% | ||
| Q1 25 | 3.6% | 7.1% | ||
| Q4 24 | -1.8% | 13.7% | ||
| Q3 24 | 4.6% | -51.2% | ||
| Q2 24 | 9.8% | -6.9% | ||
| Q1 24 | 6.4% | -0.4% |
净利率COLDRIG
| Q4 25 | -13.7% | 2.4% | ||
| Q3 25 | -1.8% | -187.1% | ||
| Q2 25 | 0.2% | -94.9% | ||
| Q1 25 | -2.7% | -8.7% | ||
| Q4 24 | -5.6% | 0.7% | ||
| Q3 24 | -0.6% | -52.1% | ||
| Q2 24 | -9.9% | -14.3% | ||
| Q1 24 | 1.5% | 12.8% |
每股收益（稀释后）COLDRIG
| Q4 25 | $-0.31 | $0.13 | ||
| Q3 25 | $-0.04 | $-2.00 | ||
| Q2 25 | $0.01 | $-1.06 | ||
| Q1 25 | $-0.06 | $-0.11 | ||
| Q4 24 | $-0.12 | $-0.14 | ||
| Q3 24 | $-0.01 | $-0.58 | ||
| Q2 24 | $-0.23 | $-0.15 | ||
| Q1 24 | $0.03 | $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 | $136.9M | $620.0M |
| 总债务越低越好 | — | $5.2B |
| 股东权益账面价值 | $2.9B | $8.1B |
| 总资产 | $8.1B | $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COLDRIG
| Q4 25 | $136.9M | $620.0M | ||
| Q3 25 | $33.3M | $833.0M | ||
| Q2 25 | $101.4M | $377.0M | ||
| Q1 25 | $38.9M | $263.0M | ||
| Q4 24 | $47.7M | $560.0M | ||
| Q3 24 | $61.3M | $435.0M | ||
| Q2 24 | $44.2M | $475.0M | ||
| Q1 24 | $59.2M | $446.0M |
总债务COLDRIG
| 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COLDRIG
| Q4 25 | $2.9B | $8.1B | ||
| Q3 25 | $3.0B | $8.1B | ||
| Q2 25 | $3.1B | $9.4B | ||
| Q1 25 | $3.2B | $10.2B | ||
| Q4 24 | $3.3B | $10.3B | ||
| Q3 24 | $3.4B | $10.2B | ||
| Q2 24 | $3.4B | $10.7B | ||
| Q1 24 | $3.6B | $10.5B |
总资产COLDRIG
| Q4 25 | $8.1B | $15.6B | ||
| Q3 25 | $8.1B | $16.2B | ||
| Q2 25 | $8.1B | $17.8B | ||
| Q1 25 | $7.8B | $19.0B | ||
| Q4 24 | $7.7B | $19.4B | ||
| Q3 24 | $7.9B | $19.5B | ||
| Q2 24 | $7.8B | $20.3B | ||
| Q1 24 | $7.8B | $19.9B |
负债/权益比COLDRIG
| 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 | $130.2M | $349.0M |
| 自由现金流经营现金流 - 资本支出 | $-12.2M | $321.0M |
| 自由现金流率自由现金流/营收 | -1.9% | 30.8% |
| 资本支出强度资本支出/营收 | 22.1% | 2.7% |
| 现金转化率经营现金流/净利润 | — | 13.96× |
| 过去12个月自由现金流最近4个季度 | $-217.2M | $626.0M |
8季度趋势，按日历期对齐
经营现金流COLDRIG
| Q4 25 | $130.2M | $349.0M | ||
| Q3 25 | $78.9M | $246.0M | ||
| Q2 25 | $120.3M | $128.0M | ||
| Q1 25 | $30.2M | $26.0M | ||
| Q4 24 | $162.6M | $206.0M | ||
| Q3 24 | $50.6M | $194.0M | ||
| Q2 24 | $136.7M | $133.0M | ||
| Q1 24 | $62.0M | $-86.0M |
自由现金流COLDRIG
| Q4 25 | $-12.2M | $321.0M | ||
| Q3 25 | $-65.4M | $235.0M | ||
| Q2 25 | $-57.4M | $104.0M | ||
| Q1 25 | $-82.3M | $-34.0M | ||
| Q4 24 | $57.4M | $177.0M | ||
| Q3 24 | $-44.5M | $136.0M | ||
| Q2 24 | $73.3M | $49.0M | ||
| Q1 24 | $16.2M | $-169.0M |
自由现金流率COLDRIG
| Q4 25 | -1.9% | 30.8% | ||
| Q3 25 | -10.1% | 22.9% | ||
| Q2 25 | -9.0% | 10.5% | ||
| Q1 25 | -13.4% | -3.8% | ||
| Q4 24 | 8.9% | 18.6% | ||
| Q3 24 | -6.7% | 14.3% | ||
| Q2 24 | 11.4% | 5.7% | ||
| Q1 24 | 2.5% | -22.1% |
资本支出强度COLDRIG
| Q4 25 | 22.1% | 2.7% | ||
| Q3 25 | 22.2% | 1.1% | ||
| Q2 25 | 28.0% | 2.4% | ||
| Q1 25 | 18.3% | 6.6% | ||
| Q4 24 | 16.3% | 3.0% | ||
| Q3 24 | 14.4% | 6.1% | ||
| Q2 24 | 9.8% | 9.8% | ||
| Q1 24 | 7.0% | 10.9% |
现金转化率COLDRIG
| Q4 25 | — | 13.96× | ||
| Q3 25 | — | — | ||
| Q2 25 | 78.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 29.43× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 6.36× | -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
COLD
| Warehouse Services | $269.0M | 42% |
| Warehouse Rent And Storage | $199.9M | 31% |
| Other Facilities Costs | $60.0M | 9% |
| Transportation Segment | $48.3M | 8% |
| Power | $34.7M | 5% |
| Transportation | $22.0M | 3% |
| Third Party Managed Segment | $9.5M | 1% |
| Third Party Managed | $2.4M | 0% |
RIG
| Ultra Deepwater Floaters | $433.0M | 42% |
| BR | $236.0M | 23% |
| Other Geographical | $211.0M | 20% |
| Harsh Environment Floaters | $163.0M | 16% |
